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Topic: Why are so many people against bitcoin? - page 68. (Read 19333 times)

full member
Activity: 238
Merit: 100
January 07, 2018, 01:52:21 PM
Maybe they're worried about the bitcoin being used as a criminal transaction tool, they also think bitcoin will get rid of that paper. It could also be because they can not use bitcoin and are just regular money users.
sr. member
Activity: 590
Merit: 258
January 07, 2018, 01:49:16 PM
I think the reason behind why are so many people against bitcoin is because of they have no knowledge what are the things and benefits from bitcoin.
Through their lack of knowledge and ignorance there many people not believing in cryptocurrency. I think sooner or later they will eat their words that they say in bitcoin.
newbie
Activity: 15
Merit: 0
January 07, 2018, 01:19:35 PM
People are against bitcoin as they dont understand the true potential of cryptocurrencies and blockchain. They are fool to think it won't disrupt existing financial system and banks powers. Its just not Bitcoin there are many other cryptocurrencies which will make that happen checkout below. Many of the crytpo companies are bigger than multinational companies and they have worldwide userbase.

https://www.bloqtimes.com/top-10-cryptocurrencies-of-2018-you-cannot-miss/


WatchOut for RIPPLE. If you have some extra bucks do invest into this. It is very economical at today's rate and it has a robust business alignment plan.
newbie
Activity: 3
Merit: 0
January 07, 2018, 01:11:51 PM
People are against bitcoin as they dont understand the true potential of cryptocurrencies and blockchain. They are fool to think it won't disrupt existing financial system and banks powers. Its just not Bitcoin there are many other cryptocurrencies which will make that happen checkout below. Many of the crytpo companies are bigger than multinational companies and they have worldwide userbase.

https://www.bloqtimes.com/top-10-cryptocurrencies-of-2018-you-cannot-miss/
newbie
Activity: 182
Merit: 0
January 07, 2018, 01:05:00 PM
Change. Change is not easy. It's just not easy to see that 'money' the most essential thing in someones life take a new Avatar. It really is difficult to accept that time has changed. I'm sure when we moved from barter system to coins for trade there must have been the same kind of feeling towards it. But eventually people moved on and that's what will happen in case of Bitcoin. To be honest it's the government of some countries that are afraid for a change. Bitcoin is actually a great investment options right now
 There are surely and certainly some doubt about safety and credibility of Bitcoin but these issue will improve with time.
b!t
newbie
Activity: 61
Merit: 0
January 07, 2018, 12:58:15 PM
It seems to me that a lot of people who are in crypto have something against bitcoin, I can't exactly explain why, but I have read lots of people calling bitcoin shit because of the low speeds and hight transaction fees which are true at the moment. But upgrades are on their way, I myself use a segwit address and it's not that bad. I just think a lot don't have patience.
member
Activity: 102
Merit: 29
January 07, 2018, 12:51:08 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 have to understand that we are at a pivital time that has only occurred about 4 times in history. The form of currency has only been upgraded on about 4 occasions and they were all extremely disruptive and took a very long time to adopt.

People have been operating off of a financial system their whole lives, they arent as reluctant to just jump ship.  
member
Activity: 130
Merit: 10
Future of Gambling | ICO 27 APR
January 07, 2018, 12:49:28 PM
Well many are against bitcoin maybe because the see bitcoin giving them trouble or perhaps they are just trying to gather some investors that's why they are making fake news about bitcoin.
member
Activity: 275
Merit: 11
January 07, 2018, 12:48:03 PM
Because most of these people who hate cryptocurrency doesnt have a proper information about this,uneducated or being educated by the biased media.
member
Activity: 317
Merit: 11
January 07, 2018, 12:44:47 PM
in this world, there will always 2 sides, pro and con
full member
Activity: 504
Merit: 100
January 07, 2018, 12:43:57 PM
I think many people are just not fond of change and innovation. They see bitcoin as a threat to the old system where we still use cash for every transaction. There is also a possibility that they don't feel that secure when they hear the word bitcoin and online.
newbie
Activity: 24
Merit: 0
January 07, 2018, 12:39:46 PM
it's new they are afraid, big companies like banks and goverments are losing money...
member
Activity: 126
Merit: 10
January 07, 2018, 12:05:24 PM
They are against because of being blind to this kind of opportunity also lack of knowledge about in bitcoin/crypto currency. Or some are not well updated in our modernization technology. Other than that the government had no control into bitcoin. Maybe because they haven't tried it yet, or they got the wrong impression of bitcoin. In this case, somebody should change the way they look at bitcoin. Prove them that bitcoin is safe and trustable to invest in.
lack of interest (different life priorities),lack of knowledge (they dont use much internet), wrong knowledge by the media (news of bubbles and so on), no friends  that  can explain to them

But by using Bitcoin and exercising patience, people will slowly get it!
newbie
Activity: 126
Merit: 0
January 07, 2018, 11:39:38 AM
I think people who do not like bitcoin because they think the bitcoin is an illegal transaction. when in fact it is wrong. Even if the person has already plunged into the world of crypto it must be that person might become fond of bitcoin.
member
Activity: 60
Merit: 10
January 07, 2018, 11:35:26 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?

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money.
member
Activity: 363
Merit: 10
January 07, 2018, 11:32:37 AM
Because conservatism does not accept their newness. Or for fear that bitcoin might collapse at any time, or regret not buying bitcoin sooner ...
hero member
Activity: 1022
Merit: 500
January 07, 2018, 11:01:56 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 against because of being blind to this kind of opportunity also lack of knowledge about in bitcoin/crypto currency. Or some are not well updated in our modernization technology. Other than that the governement had no control into bitcoi.
full member
Activity: 658
Merit: 152
January 07, 2018, 10:49:41 AM
I don't know any who would be against bitcoin. Even all this politics who dream to centralize it and make it work on the government just warning people of not stable price of bitcoin and risky investment due to that.
full member
Activity: 254
Merit: 102
January 07, 2018, 10:45:10 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?

Now there are fewer people against bitcoin. But this is still far from the limit. The crypto-currency market is still very young and at the beginning of the growth of its popularity and capitalization. And people need to learn and prove that the future of crypto-currencies.
full member
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
January 07, 2018, 10:33:16 AM
They're not really "against bitcoin" but more on "fear of the unknown". They deny bitcoin's potential because they can't fully grasp its existence which led to bitcoin being uncontrollable. The mere fact that it is distributed and decentralized, it scares the heck of them. So they always try to disqualify all bitcoin's advantage because they do know that it will invalidate the system they've become accustomed to or shall I say the system which floats their boats.
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