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Topic: Why are so many people against bitcoin? - page 91. (Read 19346 times)

member
Activity: 299
Merit: 10
December 11, 2017, 07:50:30 PM
To be honest you can not think of those who do not benefit from bitcoin. Even some banks are arguing against bitcoin. bitcoin will explain to those who are not happy with bitcoin. not just the blockchain technology that bitcoin introduced to them to improve their business, but also opened up new ways for their banks to make money. Actually their bank made a lot of money because bitcoin, all traders use banks to handle their money transfers.
member
Activity: 336
Merit: 10
December 11, 2017, 07:44:36 PM
For me why so many people against bitcoin is because many currency in the world is take down by the price of bitcoin rather than the gold is can be equal to bitcoin
member
Activity: 75
Merit: 10
December 11, 2017, 07:34:56 PM
bitcoin is so popular in cryptocurrency market, its value rises every year that makes more people want to own it, so when they can not afford it because it is too high, people will have no choice but accept using altcoins, moreover, bitcoin is not perfect, it also has weakness, the amount of bitcoin is too big that slow in transaction down, many exchanges takes charges on bitcoin too high, and unstable that make investors really have a bad time using it.
full member
Activity: 238
Merit: 100
December 11, 2017, 07:31:52 PM
Little knowledge is always dangerous. People who has not so much information on BTC and believe on the negative news about BTC are the ones who are against Bitcoin. It does not matter to the potential of Bitcoin if some of the people are against it. Those people are just imprudent who still don't understand the real value and future of BTC.
member
Activity: 364
Merit: 10
December 11, 2017, 07:25:36 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 understand their side but deep within I smiled and said to myself he did not know how bitcoin have change my life our life . So for this kind of people I will let them say whatever for bitcoin but I am still trying to work hard and continue to earn bitcoin .Some are against bitcoin maybe because they don't know it surely yet, that's why they said bitcoin is scam. I already heard this many times
full member
Activity: 294
Merit: 105
December 11, 2017, 07:11:33 PM
There are? I cant hardly feel that because everyone in our family is embracing bitcoin. In fact my mom just invest in bitcoin after my aunt invested prior to her. I honestly dont feel people around me dont like bitcoin. Everyone benefited by doing signature campaign since not all of us can invest but at least they are earning that way. I heard one of my friend whose in networking company saying bitcoin is not stable. I bet she is just envious. But i dont mind her at all.
newbie
Activity: 56
Merit: 0
December 11, 2017, 07:08:41 PM
It's mainly the rent-seekers that have the biggest problem with it.  One of BTC's main value propositions is its position to cut out the middle-men of some very large and powerful industries.  Of course they're not going to be terribly enthusiastic about it...
member
Activity: 252
Merit: 12
December 11, 2017, 07:03:36 PM
Those people are not open minded for the new generation of currency. And they didn't know what investment is.
full member
Activity: 231
Merit: 100
December 11, 2017, 07:00:08 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?


there are people who are against it, but they were either confused or not well educated regarding the manner, without any idea on how bitcoin works surely there will be confusions.  its decentralization is what keeps it being unaccepted in some country, you can't do some transactions regarding the matter.
member
Activity: 112
Merit: 10
December 11, 2017, 06:48:07 PM
Many are against bitcoin because they do not know the great possibility that bitcoin can give to them.
You  cannot convince people about bitcoin because of their narrow thinking.
They that bitcoin can harm, they take it negatively.
It seems that it is a big threat for them that is why they are afraid of it.
hero member
Activity: 644
Merit: 500
December 11, 2017, 06:46:59 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?

No these are not so many people who are against bitcoin but most are in the favor of bitcoin while there are only a few people who are against bitcoin and they are against because they do not know about bitcoin and they are in misdirection about bitcoin and about its fact and uses etc.
Not sure. Warren Buffett does not use Bitcoin. Some people asked him when the price of Bitcoin reached $1,300 in 2013 but he answered he does not use Bitcoin at that time and he also does not have any plan to use this currency in future, because he does not trust the Bitcoin system and it will be failure. This is his look in the Bitcoin and cryptocurrency, do you think the famous as Warren Buffett is the noob? Roll Eyes
member
Activity: 112
Merit: 11
December 11, 2017, 06:31:44 PM
Most people don’t understand it. Finally, and perhaps most importantly, a lot of people really have no clue what bitc oin is. They don’t understand the bigger picture of how it’s challenging monetary theory, or that bitcoin proponents are looking at new ways to secure data and currency transmission.
member
Activity: 1764
Merit: 10
December 11, 2017, 05:04:34 PM
Most people dont even know about cryptocurrencies and also about bitcoin, they think that this is another deception or that it is too difficult to understand and they trying avoid these topics. Many people are afraid invest in bitcoins because bitcoin can explode at any moment and then they will lose all their money. Many people dont want mess with bitcoin because of dirty money, too many large amounts are transferred through bitcoins and people dont want to be carried away by it.
member
Activity: 88
Merit: 10
Machine Learning & AI - Trustless Ledger System
December 11, 2017, 04:53:02 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 do not know exactly why do they really hate bitcoins, maybe they work on a banks and bitcoins are ruining their jobs. Or maybe they have been a victim of a bitcoins scam they lend money into some bitcoins scam then they loses it. The thing is bitcoins do not have investment thing, if you wanted to invest in bitcoins probably buy bitcoins then just hold it in your wallet and that would not be a scam. Or if you are investing in some icos you better watch out for those non legit projects that will just only scam your money. We need to be picky to avoid scam do not hate just trust

In my case, people I know are generally very financially conservative which means they don't really comfortable with high level of risks. I kind of understand them as most of them grew up like that.
member
Activity: 364
Merit: 11
December 11, 2017, 04:47:51 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?

No these are not so many people who are against bitcoin but most are in the favor of bitcoin while there are only a few people who are against bitcoin and they are against because they do not know about bitcoin and they are in misdirection about bitcoin and about its fact and uses etc.
member
Activity: 322
Merit: 11
December 11, 2017, 04:45:45 PM
When layman do not know the value of the opportunity he will be against, so it is better to teach about bitcoin with your earning proofs and the rich men stories about bitcoin. It cures their disease of being against bitcoin Cool provide them the medicine by teaching about bitcoin then they will be cured with the new light of understanding how much time they are wasting thinking to make profits from FIAT. Higher profits from bitcoin just sets them free by being against, so teach them and share them, if still they be against just give a blessing of freedom for them.
full member
Activity: 364
Merit: 100
December 11, 2017, 04:43:13 PM
they aren't against bitcoin but they dont know how to use it.. Bitcoin doesnt clearly introduce to the public. And some afraid of its high risk and be a scam victim..
member
Activity: 602
Merit: 10
December 10, 2017, 10:44:55 AM
Many people against bitcoin because they dont really understand what bitcoin is and not introduce clearly too. Some others are thinking that bitcoin is just like some other online and offline business is scam, because they heared many victims of it. But if they can only try bitcoin i dont know if they can say bad bitcoin anymore
member
Activity: 205
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 10, 2017, 10:40:42 AM
In my point of view,the reason for this is crypto currency becoming cenralized.If Crypto currency become centralized a lot of people lose their jobs like  in postal industry today.
In addition to that some people see the facts that investing in crypto currency is too risky because of its volatility and the space for frauds.
legendary
Activity: 1008
Merit: 1000
December 10, 2017, 10:26:33 AM
one reason may be that people don't believe in new technologies because they don't have much experience, maybe they also don't like that there is no legalization...many are frightened by the lack of stability

Yeah it does happen when some people start something new and different. You are right it is also happening because people are not having a lot of knowledge about bitcoin. They are curious about it and they are not very broad minded people. But if you will show them your earnings from bitcoin they will definitely ask you about it and will show interest about bitcoin to earn it.
I don't know others around you are interesting in Bitcoin or not, but honestly, the price of Bitcoin reached $15,000 made a lot of people in my country interested it. Beside that, my family also stopped their worry about the future of cryptocurrency and my job, I so happy the value of Bitcoin made others changed their thinking.
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