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Topic: Why are so many people against bitcoin? - page 71. (Read 19333 times)

member
Activity: 182
Merit: 10
January 05, 2018, 01:31:21 PM
In my opinion some people hate bitcoin simply because they just don’t understand it. Probably they tried to invest their money in it and eventually got disappointed by the result. Or they are just jealous of people who took their chance with cryptocurrencies.
full member
Activity: 329
Merit: 100
AGATE
January 05, 2018, 11:20:37 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  money will go to the wrong hands?

Many are against bitcoin because they are bitcoin because it is bad influence to us. But don't afraid to bitcoin because you will understand and learn how to earn bitcoin Don't listen to the person against bitcoin. Feeling annoyed when your own money get by someone with wrong hands you earn it hard so keep you money safe and keep your eyes to the investor because it might get danger of your invest money.
hero member
Activity: 679
Merit: 500
January 05, 2018, 08:49:22 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?

Most of the people, hate or against something they don't really understand or does not really have a knowledge about it. Up until today, some people think that bitcoin is still a scam and would just take your money anytime. It is also possible that the reason why they are against it is because of the risks of using it; a very volatile price and scams that they think is very dangerous than any other kind of business. Little did they know that if we all know how to maximize bitcoins ability, we can earn a lot from it.
full member
Activity: 336
Merit: 100
January 05, 2018, 08:03:09 AM
I think many people are against bitcoin because they do not trust bitcoin. They do not understand bitcoin is useful .. many people still think that traditional coins are still the best
hero member
Activity: 735
Merit: 500
January 05, 2018, 07:43:31 AM
Because people think that bitcoin is fraud and that’s not true Grin
I also dont know what is the best reason why there are many people are against in bitcoin, but i will give some of my opinion, i think they are against in bitcoin because they dont know the good effects that bitcoin will give to us, i think the people know is only the bad effects of bitcoin just like that bitcoin is can be used on scam.
Bitcoin has a volatile price. This means that the value of your asset can both decrease and increase in a short amount of time.Bitcoin is considered a risky investment, but the potential of the crypto-wave is huge
member
Activity: 186
Merit: 10
January 05, 2018, 07:39:02 AM
I think why many people fight bitcoin, the possibility of someone working in a state financial institution like a bank, they think that bitcoin is a threat to them, for that reason they are against bitcoin.
full member
Activity: 378
Merit: 100
January 05, 2018, 07:35:26 AM
Because people think that bitcoin is fraud and that’s not true Grin
I also dont know what is the best reason why there are many people are against in bitcoin, but i will give some of my opinion, i think they are against in bitcoin because they dont know the good effects that bitcoin will give to us, i think the people know is only the bad effects of bitcoin just like that bitcoin is can be used on scam.
newbie
Activity: 42
Merit: 0
January 05, 2018, 07:30:47 AM
I think that many people are against bitcoin is because they dont really know what is bitcoin. How does it work, how do you gain money , what is its purpose and why is it built. Other reason is that they are against cryptocurrency thats why they think of bitcoin as waste or trash. I think that are the only reasons why they hate bitcoin, they dont know much about it and some have trust issues when it comes to the security of their money
member
Activity: 308
Merit: 18
January 05, 2018, 07:20:54 AM
Yes many people is against to the bitcoin because of the risk. In bitcoin has a many risk on it. Like risk in security because here in bitcoin there is many of hackers and scammers so people dont realized that bitcoin is legit and we can earn money in bitcoin. Second one is the risk of trading, trading is the risky part in bitcoin because of we can lose money if you dont know the basics of trading and if you have no ptience in trading. So many people are against in bitcoin because of the risk of it but maybe someday they realized that bitcoin is good coin after all and a good investment.
newbie
Activity: 182
Merit: 0
January 05, 2018, 07:10:36 AM
The reason is lack of knowledge it think, or incorrect knowledge and bed understanding of crypto currency. People tend to be resistant to innovations and things they do not understand.
member
Activity: 336
Merit: 10
January 05, 2018, 07:02:10 AM
It is very simple that most of the people are not able to buy bit coins at
a very high cost so they are against it, but intelligents never think
like this and they are doing their work frequently.
member
Activity: 168
Merit: 10
January 05, 2018, 06:37:14 AM
Two types of people are against Bitcoin, one Who do not know about Bitcoin/Blockchain technology and other who have to resist every new creation.
sr. member
Activity: 779
Merit: 255
January 05, 2018, 06:32:28 AM
i've replied to htis thread somewhere and adding another reply to the OP's question. the reason why so many are "against" bitcoin is that compared to the larger world population, the bitcoin community is quite small. bitcoin is still relatively new to folks outside the bitcoin/blockchain world, and so, the majority still find it odd that we can do so much with bitcoin and that it's valuable when it's just data  Wink
member
Activity: 140
Merit: 12
January 05, 2018, 06:25:42 AM
People are being skeptical in bitcoin in so many ways, it's decentralized they are thinking that it can burst in just a blink of an eye and we can't do nothing about that.
newbie
Activity: 21
Merit: 0
January 05, 2018, 05:45:49 AM
I think because they lack knowledge of bitcoin and I do not think they know bitcoin is a good way to deliver to the door of success.
if they know the benefits of bitcoin I think they will turn 180 ° into a bureaucratic lover and will definitely be crazy about bitcoin.
bei
newbie
Activity: 16
Merit: 0
January 05, 2018, 05:42:02 AM
Perhaps people doesn’t “hate” it. It’s just they are not into it because they are not knowledgable enough about the system. This lack of knowledge makes cryptocurrencies unsafe for them. The lack of tangible aspects of Bitcoin is not yet embraced by most people today. Some are not yet ready to take risks for money they can’t hold within their hands.
newbie
Activity: 13
Merit: 0
January 05, 2018, 05:32:57 AM
There are so many people who are still against bitcoins and even governments are trying to stop bitcoins in their country as they don't have much idea on what it is and how it is being dealt its privacy of maintaining the details of the real user is something which scare the government as they feel that it will bring in some kind of economic loss for their nation.The government thinks that the money which should stay in their country is going outside so is one of the reason some governments are trying to ban in their nation.
full member
Activity: 540
Merit: 100
BountyMarketCap
January 05, 2018, 05:29:17 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?


It's maybe bacause they don't have any idea about bitcoin. They don't know it's transaction schemes. There are people who are very hesitant about bitcoin. They are afraid to try something new. Though they see proofs about botcoin , they still think that it's a scam and that will just hinder their success.
member
Activity: 308
Merit: 10
January 05, 2018, 05:20:17 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?


People will be only against bitcoins if their business is being affected just like the banks. Most of the people look at bitcoins like networking which has a pyramid scheme but they did not really know the other ways to earn cyptocurrency. I do believe if there is someone who can orient them well about the truth about bitcoins and how they are going to earn this cryptocurrency the correct way and earn more money then no one will really think about bitcoins as a scam or they will not be against it.
newbie
Activity: 126
Merit: 0
January 05, 2018, 05:15:15 AM
Maybe,  because it involves the risk of security which means alot to some kind of people
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