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Topic: Why are so many people against bitcoin? - page 63. (Read 19333 times)

full member
Activity: 448
Merit: 232
January 17, 2018, 01:43:59 AM
I believe that many people oppose Bitcoin because they do not understand what it is. People tend to be afraid, refuse and deny what they do not know, what they do not understand. In the case of Bitcoin it is still much more difficult: it can not be seen or touched, for many it remains something unreal, something from the realm of fantasy. Therefore, people choose the way to fight it, instead of understanding the crypto-currencies and realizing what Bitcoin is.
member
Activity: 952
Merit: 41
January 17, 2018, 01:38:27 AM
I don't think any one will be against bitcoin understanding fully well the gains that is embedded in bitcoin, but the few that are against bitcoin are either uninformed about bitcoin and also ignorant of the potential of bitcoin and at time the Fud are even the bigger investors in bitcoin trying to distract others in other to buy at a cheaper price. And again ignorant people take bitcoin as a ponzi and at that spread bad news to others.
member
Activity: 62
Merit: 10
January 17, 2018, 01:32:50 AM
it makes sense for many people to fight bitcoin because of lack of knowledge about digital currency system and so far don't get the government's serious support for bitcoin development, but I believe bitcoin will become more popular and dominate every transaction using this digital currency. Because we know great benefits of bitcoin in addition to convenience of transactions also provide a great advantage if we can take advantage of every opportunity that is on bitcoin
That's right, because of the lack of knowledge or let us say they hadn't enough knowledge about bitcoin which they can easily to decide of their self that bitcoin is not legitimate. Perhaps the reason why people are against it is because they haven't tried invest and earn by using bitcoin or else they have a miserable experience of being scammed before that seems like they compare it now to bitcoin technology.
Yeah many do feel  BITCOIN is a fraud and a type of ponzi and people should get out of BITCOIN as soon as it is possible now that you have earnt a decent share of the pie
full member
Activity: 574
Merit: 102
January 17, 2018, 01:27:00 AM
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?

Many people simply do not know what Bitcoin is and in general, what is crypto currency. It seems strange to them that the currency has grown in price from a couple of cents to a thousand dollars. Some people think that this is just a financial pyramid.
jr. member
Activity: 210
Merit: 1
January 17, 2018, 01:23:51 AM
A lot of people don't understand. Some of them simply doesn't want to accept or understand bitcoin. I believe that's what's causing all
the negativity surrounding bitcoins and altcoins nowadays. But I think that outlook will change in the coming future, since cryptocurrency
is gaining firm notability. They assume it's a bubble or some new type of scam, if they just take the time to read and research it will
definitely change their lives. In time they will recognize bitcoin for it's sheer profitable potential.
newbie
Activity: 72
Merit: 0
January 17, 2018, 01:12:44 AM
Yes. There are many people against bitcoin. They think that bitcoin is a falls job. There belief are not available about bitcoin. They do not belief bitcoin. There idea is wrong.  There thought is not right about bitcoin. But I think that bitcoin is a valuable part of our modern life. No risk about bitcoin. last of all I can say that many people against there wrong idea. They should clear about bitcoin.
member
Activity: 294
Merit: 16
January 17, 2018, 12:38:16 AM
it makes sense for many people to fight bitcoin because of lack of knowledge about digital currency system and so far don't get the government's serious support for bitcoin development, but I believe bitcoin will become more popular and dominate every transaction using this digital currency. Because we know great benefits of bitcoin in addition to convenience of transactions also provide a great advantage if we can take advantage of every opportunity that is on bitcoin
That's right, because of the lack of knowledge or let us say they hadn't enough knowledge about bitcoin which they can easily to decide of their self that bitcoin is not legitimate. Perhaps the reason why people are against it is because they haven't tried invest and earn by using bitcoin or else they have a miserable experience of being scammed before that seems like they compare it now to bitcoin technology.
Yeah many do feel  BITCOIN is a fraud and a type of ponzi and people should get out of BITCOIN as soon as it is possible now that you have earnt a decent share of the pie
newbie
Activity: 85
Merit: 0
January 13, 2018, 05:36:07 AM
there are lot of people against bitcoin or not believe in bitcoin because they afraid to invest their money that will be lost due to fluctuation in the price of bitcoin. if they understand what is bitcoin the freedom that comes with it they will change there way of thinking.
sr. member
Activity: 756
Merit: 257
Freshdice.com
January 13, 2018, 04:47:35 AM
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?

In my own personal opinion, people are not against bitcoin they do not just believe about bitcoin because they think and assumes bitcoin is just a scheme for illegal activities like scams and thinking bitcoin is just a waste of time for them. But still i do not care about them because it doesn't have any effect on my income. They could hate bitcoin all they want, but still i will love and use bitcoin all i want too.
member
Activity: 252
Merit: 15
January 13, 2018, 04:36:01 AM
It is basically in light of the fact that they think BTC is a trick. In this way they are not appropriately taught about BTC. They judged BTC on the grounds that a considerable measure of cash is included with it. They are frightened. The other motivation behind why they loathe BTC is that they can't receive with the technology behind BTC. And these are the reasons why people are against BTC.
hero member
Activity: 735
Merit: 500
January 13, 2018, 04:30:59 AM
Anything which is unexpected always surprise the experts to not believe in that and something which is giving huge returns in months is always Ponzi in view of most of them. So most of them are hating Bitcoin
Bitcoin is the first in human history technology that is stronger than states and centralized authorities. And this is because of the principles under which it is created and managed. People perceive  this is fair and common to the whole world.Governments are against the bitcoin because takes them away opportunity - they can not print money and lose control over the monetary system
full member
Activity: 266
Merit: 107
January 13, 2018, 04:08:19 AM
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?

Many people against bitcoin because bitcoin is a so-called virtual currency that has been devised for anonymous payments made entirely independently of governments and banks. In recent years, Bitcoin has generated a great deal of attention on several fronts.people wants also attention always so that they don't want bitcoin in a first place. There is no central Bitcoin issuer because the value units are created automatically in the network. We all know that the network is connected to the people, this is why people against bitcoin because of a lot of issues and flaws in the world.
I think most of the people are against bitcoin because they don't know anything about it and they heard that a lot of people got rich by it in a few months witch they don't believe. Now that the bitcoin has got more attention because it almost reached 20k people who didn't accept bitcoin now do because they know they can make a lot of money out of it.
full member
Activity: 322
Merit: 107
January 13, 2018, 04:04:41 AM
People against bitcoin because they are threatened with bitcoin strength, of course they are competitors from bitcoin for example from financial institution, online payment system like paypal or perfect money and so on, the rest is they do not know about bitcoin.
Some people has no knowledge about cryptocurrency they were againts it because they know it was scammed and cannot be helpful to anybody else.They are not open minded of what bitcoin can gave to us if we work hard here and understand the digital currency.And some people dont want the decentralized system they always depend on the bank they are scared to invest on it due to some looses and no secured .
jr. member
Activity: 196
Merit: 1
January 13, 2018, 03:47:24 AM
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?

There are some people don't believe or against bitcoin maybe because they do not know yet what they can get in bitcoin and they do not know how huge the profit when you invest in bitcoin and maybe some are scared to be scam.
newbie
Activity: 14
Merit: 0
January 13, 2018, 03:29:41 AM
Some people who oppose the existence of bitcoin are primarily banks and governments. They do not much like the fact that bitcoins are decentralized and can not be controlled or taken over, and they are afraid of growth especially the bank because it can beat some bank needs like money storage and so on. Cool
full member
Activity: 409
Merit: 100
January 13, 2018, 03:29:18 AM
i think there are many people who against bitcoin do not know the good side of it, bitcoin is now rising the population because even there are people who against bitcoin, but there are believers also that this is the answer to there prayer to have a good life and to help them in financial aspect. i think the people who against bitcoin is also a victim on scam which they don't have a time to study a bitcoin before they act in a wrong way.
full member
Activity: 195
Merit: 103
January 13, 2018, 03:27:59 AM
they are still people who dont believe about bitcoin and also they think bitcoin is a scam. they dont know the value of bitcoin and what it can do. many people already helped by bitcoin, it gives people a opportunity to have a profit for their own business. people also dont trust the security of bitcoin if you invest on it.
member
Activity: 167
Merit: 10
January 13, 2018, 03:22:37 AM
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?

Many people against bitcoin because bitcoin is a so-called virtual currency that has been devised for anonymous payments made entirely independently of governments and banks. In recent years, Bitcoin has generated a great deal of attention on several fronts.people wants also attention always so that they don't want bitcoin in a first place. There is no central Bitcoin issuer because the value units are created automatically in the network. We all know that the network is connected to the people, this is why people against bitcoin because of a lot of issues and flaws in the world.
sr. member
Activity: 1526
Merit: 255
January 13, 2018, 03:20:38 AM
People against bitcoin because they are threatened with bitcoin strength, of course they are competitors from bitcoin for example from financial institution, online payment system like paypal or perfect money and so on, the rest is they do not know about bitcoin.
full member
Activity: 420
Merit: 100
Harmony for One and All
January 13, 2018, 03:07:50 AM
Anything which is unexpected always surprise the experts to not believe in that and something which is giving huge returns in months is always Ponzi in view of most of them. So most of them are hating Bitcoin
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