Topic: Why are so many people against bitcoin? - page 53. (Read 19333 times)
People tend to hate or be afraid of things that they don't understand. Maybe those people are so used to traditional things like money that they shut down anything that can change it like bitcoin and other cryptos.
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 against because those are the people who haven't have any knowledge and idea about bitcoin so that they are became bitter to it 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?
People are not really against it. They might be afraid to invest big amount of money thinking that they might be scammed. They don't really understand Bitcoin.
Those people who think that bitcoin is just a scam are not well knowledgeable about the market, there is always time to invest and sell your coins, most of the people who takes a marketing degree will really understand how to earn profit and those who just join trading without any information has a lower probability of earning profit and some of them are just mad spreading a fake news that bitcoins is a scam.
yeah I think so, people is not against it but they are afraid that it will be a scam! People thought that majority of project that comes from digital world are scam! Coz too many scam thing from internet nowadays so they really will think that it is a scam, best step to do is to educate those who are interested on crypto, and make them share to others and the others will share it too for it to become known, and it will be the start for people to know what crypto is.
Well, as mate mentioned that people are afraid from scamming that is why some people are not in favor of bitcoin still but we need to improve bitcoin advertisement is such a way that people can start trusting without any fear like we need to convince our friends with working with bitcoin show some practical transactions etc and give them practical knowledge in detail so that they can understand each and everything about bitcoin then hope they will lose their fear and will start trusting on bitcoin.
Because they are narrow and shallow people talking about things they dont even know. Thought bitcoin is a scam😑
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?
Those banks are really affected about the growth of cryptocurrency since they are money launderers then there is a huge chance that they will lose some of their investors because cryptocurrency is competing with them, another thing is that, you can earn more profit if you invest on bitcoins more than placing your money on banks and setting it on time deposit.
It seems to me that the situation is starting to look like a bubble, and investors should be nervous. Why? Yes because it shows that time of speculative mania again has come. Because it will lead to excessive investment and incredible speculation. And because, finally, that bubbles inevitably burst – and as only this will happen, consequences can be the most unexpected.
yeah I think so, people is not against it but they are afraid that it will be a scam! People thought that majority of project that comes from digital world are scam! Coz too many scam thing from internet nowadays so they really will think that it is a scam, best step to do is to educate those who are interested on crypto, and make them share to others and the others will share it too for it to become known, and it will be the start for people to know what crypto is.
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?
People are not really against it. They might be afraid to invest big amount of money thinking that they might be scammed. They don't really understand Bitcoin.
I think the media should largely be blamed for the negativity being expressed by people towards bitcoin. It often paints it to the general public as a get rich quick scheme with often disastrous aftermath which should not be dabbled into. Furthermore, the daily news about central banks banning or threatening to ban it does little to assuage the fud cloud hovering above our heads.
There against bitcoin because they do not understand about bitcoin, they're just convinced and believe in the media that the bitcoin price keeps going down and loses people more than the news of bitcoin price increases. besides the price can not be controlled so that all countries hate bitcoin.
Many people are against with bitcoin because they are not aware how bitcoin works. And most of people that against to bitcoin are those victims of scammers,fraud sites,etc. But if they could just do some research,they would really be addicted and inlove to bitcoin.
It's because they don't have a wide and massive idea what bitcoin really is. Because they only hear a negative comments of our co-fellow due to incorrect news that are spreading all over the internet which they choose to believe in instead of researching the correct information. But we'll, it's their problem anyway because we're out of there business anyway.
Why are so many people against bitcoin because they do not know the truth about the bitcoin and country feeling threatened bitcoin would disrupt the country's currency so the Government makes regulations that limit the expansion of the bitcoin.
Exactly, people who dont know bitcoin the first thing it comes to their mind it's a scam just because you can earn without risk just to participate all the activities inside the forum and you will earn lots of money for example is the bounty, signature and all etc. I tried to explain well to my friends But it goes to hard instead of trusting me they just said your crazy and just laugh.
I guess that they don't know what bitcoin is and don't undestand the mechanics of bitcoin or they don't trust bitcoin, because many of my friends that does not have bitcoin, often does not agree with me having one
Maybe they don't understand the benefits bitcoin has to offer and they are afraid to invest, thus they are against it.
or they have invested in another digital non-digital asset that will go against the interests of bitcoin, conflict of interest.
Or that they may be holders of large accounts of bitcoin, and just show the otherwise, to control it. There are a lot of clever experienced traders out there that may have a say whether bitcoin jumps or bitcoin sits!
or they have invested in another digital non-digital asset that will go against the interests of bitcoin, conflict of interest.
Or that they may be holders of large accounts of bitcoin, and just show the otherwise, to control it. There are a lot of clever experienced traders out there that may have a say whether bitcoin jumps or bitcoin sits!
I am not sure if the amount of people against bitcoin is many because based on my research, MANY people doesn't have the slightest idea what bitcoin is. When they get to hear stories and experience with bitcoin, they actually get interested rather than being against it. One reason possible though for an individual to be against bitcoin is a bad experience they had with it or a story of someone who joined before...
Most people/State officials reject the currency bitcoin, but they instead support the family members involved in the market of bitcoin. I felt it was just a subterfuge they just to drop the selling value of bitcoin so that they can get the lowest price
I think the main reason is that many people needs an assurance for everything they'll invest..not only for money but the time and effort as well.I also talked about this to my colleague but unfortunately they wont believe me..who would give money without investment..
Its either they feel they wont benefit from bitcoin, maybe they doesnt know how to trade or what to do about it, or maybe they doesnt understand the concept of bitcoin and its potential.
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