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Topic: Why are so many people against bitcoin? - page 33. (Read 19333 times)

full member
Activity: 224
Merit: 100
Mainly they are afraid of fraud, in general to loose everything. It is very dangerous to invest in crypto currencies without having due diligence to avoid ponzi schemes, pump & dumps etc. especially for the newbies.
member
Activity: 182
Merit: 10
Many people are against bitcoin because they are afraid of unknown. Maybe they think they will loose everything
sr. member
Activity: 1232
Merit: 250
There are a lot of people who missed the boat and keep parrotting the most idotic things like "Bitcoin is only used by drugs and murderers" just to cope with their own mistake.

Then there are banks and politicians who say the same things because it's in their interest to make Bitcoin look bad. 

For me cryptocurrencies and Bitcoin exceptionally is a way to freedom. And I don't fear this tool. This is a great opportunity to improve yourself. With electronic money I make transfers all around a world without any problems.

Mostly people who knows less about it, claims things against Bitcoin, even all form of cryptocurrency. Also few people I know, fears volatility, which makes them think its a scam. Mostly lack of proper knowledge makes people go against it. And top analysts and Investor like Buffet who gives there views against Bitcoin specially, makes them believe there beliefs more strongly.
member
Activity: 602
Merit: 10
I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?


It could be that lack of knowledge of bitcoin makes them fight bitcoin. I guess that does not last long, because when they know the benefits of bitcoin they will receive bitcoin.
member
Activity: 287
Merit: 10
There are a lot of people who missed the boat and keep parrotting the most idotic things like "Bitcoin is only used by drugs and murderers" just to cope with their own mistake.

Then there are banks and politicians who say the same things because it's in their interest to make Bitcoin look bad. 

For me cryptocurrencies and Bitcoin exceptionally is a way to freedom. And I don't fear this tool. This is a great opportunity to improve yourself. With electronic money I make transfers all around a world without any problems.
newbie
Activity: 52
Merit: 0
If you see the development is very remarkable but on the other hand the existence of bitcoin is still not legal and many people who do not memgetahui system but what happens in our country is a phenomenon especially in the government is very busy discussed and until now is still a hot topic and hopefully can give a good way for every country and can soon legalize bitcoin and one more thing for those who oppose bitcoin someday will feel also how nice if we have bitcoin and can be a job.
Yes the bitcoin is from the deep web that mr satoshi created the bitcoin use by the bad people it is use as money laundry so because of the blockchain the transaction can be trace.
newbie
Activity: 81
Merit: 0
 They became against to bitcoin maybe because they lost a lot of money to it and they didnt become successful in their life.
member
Activity: 181
Merit: 10
Industry 4.0 is called Bitcoin
I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.

The solution for the people who against bitcoin is to make a study about the bitcoin world. They need a proof that bitcoin can be earn without any investment. Bitcoin is not a scam if you ate earning without investment but if you will invest and the developer run away your money that is a scam we are here a free earnerd that earning in a bounty campaign.
So... Anyone who thinks cryptos are somehow special or unique as an asset class or immune to bear markets?

You're ALL in for a bad time.

Probably not today or tomorrow... But someday.

Bear markets happen. They happen in EVERY asset class from currencies to precious metals to real estate. Why a honest would view cryptos as immune is beyond my ken.

You shouldn't be trying to rationalize why you view cryptos as this amazing super asset that is somehow immune to the problems of similar asset classes such as currencies.

Instead you should be focusing on prudent investment habits such as diversification, responsible investing, dollar cost averaging, and so forth.

A lot of people are in for a very bad time and I hope they wake up before they shoot themselves in the foot.
Price bitcoin is down now
newbie
Activity: 121
Merit: 0
I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.

The solution for the people who against bitcoin is to make a study about the bitcoin world. They need a proof that bitcoin can be earn without any investment. Bitcoin is not a scam if you ate earning without investment but if you will invest and the developer run away your money that is a scam we are here a free earnerd that earning in a bounty campaign.
member
Activity: 163
Merit: 10
I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.
newbie
Activity: 83
Merit: 0
There are many reasons why some people are against bitcoin but I am pretty sure that they are not totally against, maybe they just don't believe it. I don't think that people will be against from the thing that will supply them a good wealth. Maybe they are just lack of knowledge about the bitcoin. Some of my friends too are hard to believe this thing unless they see a proof, as of now they think a lot of negative things in bitcoin since they didn't see any proof yet. I cannot show it to them for now since I am still waiting for the right value before I trade mine so I am just waiting for my time until they saw me as a living proof.
newbie
Activity: 126
Merit: 0
I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

They are getting against bitcoin because they doesn't even try how bitcoin work and changes life for them and for their future also
newbie
Activity: 95
Merit: 0
I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?


Well may be because they are not that familliar with it thats why they cant trust it, yes it is a little scary because we are not sure who are the scammer and who are not.
newbie
Activity: 126
Merit: 0
I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

Their are some people who are against bitcoin because  they haven't try it yet already how bitcoin can work for the future
member
Activity: 756
Merit: 12
Because there are still too many countries that prohibit bitcoin, it is easy for those who have not yet understood Bitcoin to form an impression of refusal to invest because the national ban is easily regarded as a scam.

Some people affraid to investing on bitcoin because their goverment wont release regulation on bitcoin. For some people, they have opinion that their investment must be protected by goverment with law
newbie
Activity: 121
Merit: 0
They are against bitcoin for not getting the appropriate information, we all know that currently flooding negative news about bitcoin, even many observers say that this year is the end of bitcoin and cryptocurrency, but this we will prove that bitcoin community is too strong.

The price of bitcoin is currently dumping because of the fake news that spread by a different people that hate bitcoin. And then the governement say that bitcoin can use as a money laundry. Some of the weak hands people sell there bitcoins to take away there money for being scammed.
member
Activity: 111
Merit: 10
I think they are not against bitcoin but just jealous of not having bitcoin. Because the value of bitcoin is now very high and very popular. So in essence they just envy not having bitcoin. Some of them I think are people who do not understand the true meaning of bitcoin. That's just my opinion.
newbie
Activity: 112
Merit: 0
On TV, they say a little bit about bitcoin, but they do not disclose his full power. Since they fear and delay time, sooner or later the future will come and everyone will talk about it. Officials are also involved in this, saying that bitcoin is not needed by anyone and is perhaps invested in it. Everything will come with time.
sr. member
Activity: 574
Merit: 255
Even though the entire world wants to change, but no one is really willing to change itself. The same goes for a person's hobby. Every time they see a new thing, they take it negatively. Media also played a major role in giving negative advertisement for BTC.
Also, most of the people don't have knowledge about bitcoin, and hence, the hatred.
sr. member
Activity: 623
Merit: 362
I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?


 I do not think so, I guess they are not aware of what bitcoin is and how it works. It is hard to believe at first even I do not accept it as first and I thought this will be a waste of time. I think they are thinking that bitcoin is fake because the currency is just circulating only in online world, they can not touch it or something that they can spend it directly from their pockets. They also have no idea how you earn money from this. They have no clue how you will get paid and where do they get the money that they will pay to you. even I do not know how but I know that I can earn money through this.
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