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Topic: Why are so many people against bitcoin? - page 64. (Read 19333 times)

member
Activity: 210
Merit: 11
January 13, 2018, 02:52:30 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
“ but the online currency can not be seen or felt” what about PayPal? What about local bank’s internet banking facilities? What about online wallet systems that are there?
sr. member
Activity: 1820
Merit: 436
January 10, 2018, 11:29:42 PM
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?


You cannot please others to hate or love something just like bitcoin. So does how other accepted it. It took time and a lot of proof to accept that it is fine and worth it. What made people look at it in a bad matter is how others use bitcoin in a bad way. So does them or us, being anonymous,  will be keep hidden. Which means no one would know what they are up too.
member
Activity: 336
Merit: 10
January 10, 2018, 11:24:14 PM
Because they don't understand the true meaning and value of bitcoin, And how in the world they going to understand it all about bitcoin, For me I know bitcoin can help us many people to earn and more more knowledge so they can easy to have big profit.
newbie
Activity: 3
Merit: 0
January 10, 2018, 10:52:55 PM
Warren Buffett (FOUNDER, BERKSHIRE HATHWAY)

“Bitcoin is a mirage, stay away from it. The idea that it has some huge intrinsic value is just a joke in my view.”

“In terms of cryptocurrencies generally I can say almost with certainty that they will come to a bad ending. Now when it happens or how or anything else I don’t know.”


This just shows Warren Buffett does not understand cryptocurrency at all. source: https://www.bloqtimes.com/famous-powerful-people-negative-views-bitcoin/
newbie
Activity: 154
Merit: 0
January 10, 2018, 12:38:16 PM
Actually many people does not like Bitcoin, Because they think it has some negative site , such as they think it may be hack able, it may violent the rules of central bank, it reduce the paper money and so on.
For the above reason they think that Bitcoin is harmful for the economy as well as society.

Thanks 
member
Activity: 224
Merit: 10
January 10, 2018, 12:31:51 PM
People are against bitcoin as they dont understand the true potential of cryptocurrencies and blockchain. They think bitcoin is scam or pyramid.
full member
Activity: 221
Merit: 100
January 10, 2018, 12:31:05 PM
because the price fluctuates and also considers bitcoin is just a phenomenon that may be temporary and then disappear. and for countries whose regulation does not legalize the existence of bitcoin, they will warn their people to stay away from bitcoin (because it could endanger the economy). I think this is the reason why there are still people who are against the existence of bitcoin.
full member
Activity: 125
Merit: 100
January 10, 2018, 12:14:09 PM
Undoubtedly,bitcoin is a significantly revolutionising currency and there is nothing about feeling hatered with it.
Some people may be unaware of its privileges, or getting jealous over success of its traders, that's why they seem to feel against bitcoin.
Looking forward, they will surely change their mind when all nations mark this as legal currency.

On my opinion I think that, There's still a lot of people who are against or do not believe in bitcoin and what I think of is it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment. In addition, People are always saying negative things about bitcoin because they don't know it's function and also sometime people just want to dump the price of bitcoin. But I also agree on your opinion that, Bitcoin is a significantly revolutionising currency and there is nothing about feeling hatered with it. And Some people may be unaware of its privileges, or getting jealous over success of its traders, that's why they seem to feel against bitcoin.
member
Activity: 100
Merit: 10
January 10, 2018, 12:07:03 PM
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 think the good side of Bitcoin is not well known, they just listen to the bad rumors about Bitcoin probably because of that a lot of people are against Bitcoin, the bad guys about Bitcoin continue to spread the word. Others, and so on, so many now oppose Bitcoin
copper member
Activity: 616
Merit: 0
January 10, 2018, 11:31:19 AM
Many people are afraid because bitcoin is not tangible currency. They do not know about virtual currency.
newbie
Activity: 101
Merit: 0
January 10, 2018, 10:43:39 AM
Many analysts believe that btc is really a bubble and when it bursts no one can guarantee that you will return your money,
all bitcoins don't belong to anyone.
newbie
Activity: 208
Merit: 0
January 10, 2018, 09:59:11 AM
They are not against it i suppose, they just don't totally understand what is bitcoin and what it can do. Their reaction is just natural for something that are new to their learning. Maybe the only thing they know about it is it's staggering price. New with that kind of price? Didn't you react that way also when you've heard about bitcoin the very first time with it's high value? Maybe if somebody can explain to them the whole package about bitcoin, who knows, they will be the first in line to invest.
newbie
Activity: 70
Merit: 0
January 10, 2018, 09:44:59 AM
Because people don't know about bitcoin, they're going to object to it, and they might think it's just a form of fraud, because bitcoin upends people's traditional perceptions.
member
Activity: 214
Merit: 10
January 10, 2018, 09:39:41 AM
I think many people are against bitcoin because they do not know what is bitcoin? what it is importance and how it can change our lives when we are making a profit in bitcoin. Many people still believe that bitcoin is a scam. which is purely a lie and its not true, they do not believe you can earn in bitcoin. That when they invest all of there money here it can be lost you not notice.
legendary
Activity: 1148
Merit: 1006
January 10, 2018, 08:59:56 AM
for me people who are against bitcoin do not know how to enable bitcoin they think they are fooling so they destroy the bitcoin in people
I don't think people are against bitcoin; our government is against bitcoin that is why people are scared to use bitcoins. But once they know the value of bitcoin and how much profit they can make from this bitcoin no one will oppose bitcoin.
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
January 10, 2018, 08:56:20 AM
for me people who are against bitcoin do not know how to enable bitcoin they think they are fooling so they destroy the bitcoin in people
newbie
Activity: 56
Merit: 0
January 10, 2018, 08:46:03 AM
They against bitcoin because they didn't buy it when it was 100$ or 1000$ Smiley))))) Wink Cheesy joke
newbie
Activity: 140
Merit: 0
January 10, 2018, 08:44:05 AM
Maybe becuase they heard wrong information about  it,  it's hard for them to believe that in his kind of system you can, save money, you can transact, pay bill and buy things using digital currency, and mostly to invest.. how in the world they going to  understand it all.. they're not use to it..they wanted to see and hold things..like money not these kind of currency..
newbie
Activity: 5
Merit: 0
January 10, 2018, 08:41:56 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?

They are scared of it cause they can't control it
member
Activity: 364
Merit: 10
January 10, 2018, 08:39:05 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?

Some of them are insecure and have a negative reactions once they felt it's new to them.
Also, some are against because they felt that this might be a trap and there precious money will be gone for nothing.
In reality, you can not please everyone. Not all people will become millionaires.
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