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Topic: Why are so many people against bitcoin? - page 8. (Read 19343 times)

member
Activity: 263
Merit: 12
The reason why people against bitcoin is that the ignorance of  what benefits bitcoins gives to the people.Other reason also  is that they dont want bitcoin's grow and became one of the popular company . Others dont want their investors  shift to bitcoin .
member
Activity: 364
Merit: 10
many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

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. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them Cheesy



So many people are against bitcoin because many are not aware about its features. Also, the creator of bitcoin can't really be pointed. Theses days also, many news are circulating about bitcoin being a scam.
newbie
Activity: 72
Merit: 0
Bitcoin is a decentralized currency, meaning that no one controls.  It is people's nature to afraid of the news or the unknown. Maybe they don't understand what bitcoin is and how it works. They just easily believe what they hear without examining or just conclude it as scam.
member
Activity: 383
Merit: 10
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 who fight bitcoin may be scared of losses in the investment so that they think negative with bitcoin and they are not sure and believe in bitcoin
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
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 not really against bitcoins but since there are more people who kept on saying that bitcoins is a scam then people cannot fully believe on cryptocurrency, trading in the market is really hard if you never knew how the system works.
full member
Activity: 350
Merit: 100
I think that people against bitcoin from ignorance, having no idea what it is and how it works , not the desire to understand and try to understand this world of cryptocurrency, I think it is easier for them to take the position of opponents and hold on to it.
member
Activity: 308
Merit: 14
There are so many reasons peoples against bitcoin, because of lack of knowledge about bitcoin, they know nothing about bitcoin, they believe bitcoin is another online scam like other promx, secondly, peoples are against bitcoin because of the experience they had in online investment.
newbie
Activity: 164
Merit: 0
1) lack of knowledge
2) high volatility on the market
3) propaganda from government and politicians
4) sad stories about people who lost everything investing in bitcoin (without understanding what are they doing)
newbie
Activity: 56
Merit: 0
The reason people who against bitcoin just because they aren't know well about how bitcoin works, but if they understand it for sure they want to earn bitcoin as much as they can. It's the same way for me when the first time I know about bitcoin, I really don't believe that I can get some profit from it, but know I believe that.
newbie
Activity: 108
Merit: 0
I strongly agree that lack of knowledge is the main reason why people do not like Bitcoin today and why they oppose it. Our moral and official responsibility is to let them know the true meaning of Bitcoin. Everything has some good and some bad points. We can clearly show that people don’t hate Bitcoin, but in fact they don’t know what Bitcoin is. And how to earn income in a simple and easy way.
newbie
Activity: 70
Merit: 0
Most people don't study bitcoin, so they don't understand what it is. At the same time the mass media that most people are read say that bitcoin is unreliable. This is the reason that people are afraid.
jr. member
Activity: 336
Merit: 2
ECOSTART
In my personal opinion they just have not known the bitcoin deeper so can not accept or fight the presence of bitcoin. Bitcoin investment is not something familiar among ordinary people moreover bitcoin is a digital asset that gives no certainty so people are afraid to start if there is no certainty.
sr. member
Activity: 1582
Merit: 253
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 who hate bitcoin are people who are unsure and believe in bitcoin or in other words the person is already feeling aggrieved with bitcoin investments, and news that always thinks bitcoin is something negative and adversely affects people
member
Activity: 158
Merit: 10
many people are not against bitcoin. they are actually investing a lot in it, honestly can not think of anyone who does not benefit from bitcoin! even banks that some bitcoin or bitcoin people fight they are happy about bitcoin. not only do bitcoins introduce blockchain technology to them to improve their business but also to open up new ways for banks to make money.
newbie
Activity: 124
Merit: 0
So many people against bitcoin because bitcoin have no tax and it is easy to gain money on bitcoin.
newbie
Activity: 224
Merit: 0
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?

Simply because you can not buy it at a high price, it is obvious that you are against it. Lower the cost and buy it at a cheaper price Why not? And what china did with bitcoin is a good example.
Simply most of the people run by government rule and regulations, as the government specially in India bitcoin concept is yet to be understood. As bitcoin higher price, more volatile nature, 100% internet use so risks are so many. The decentralized nature of bitcoin make it speculative for the government regarding use of money. SO in future it may have some other aspects.
jr. member
Activity: 104
Merit: 1
Yes, there are still a lot of people who don’t believe or oppose Bitcoin because they haven’t tried it and feel that there is a risk. When they make money through Bitcoin, they don’t think so.
jr. member
Activity: 122
Merit: 1
The Pure Proof-of-Tansaction [POT]
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?


That could be all the reasons of others, and there are more other reasons why they are against it. We can not please everyone. Scamming is trending now, You cannot easily get others trust, specially when talking about "INVESTMENT".
full member
Activity: 350
Merit: 100
I think because there are people who will conclude immediately with out any furthet information or they will heard some fud statement to others that is why they will think that bitcoin is a scam. I also observe that humans had this personality that they want to get easy money when you are in crypto world patience and knowldge is very important.
that may be true, too many people or public audiences who get information about Bitcoin that is not so valid or a lot of news about Bitcoin that makes negative statements therefore, many people still think or reject Bitcoin as a digital currency.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
maybe because they dont the importance of bitoin in our daily lives. and maybe because they are not trusting its capability to make our future happy
True, they are the people didn't know the value of Bitcoin. The use for payment and use to buy needs. They think that it is scam and they afraid to scam. And they are worried to insert their money.
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