Topic: Why are some individuals hostile to Bitcoin? (Read 1113 times)
People who hostile to bitcoin are those who haven't known bitcoin for long, most of them are new investors and try their luck with bitcoin, when the market goes down they panic so they think that bitcoin is a detrimental and dangerous investment.
bitcoin provides an opportunity to double money if they dare to invest in bitcoin of course they will profit, but many people do not know bitcoin and they assume that bitcoin is deceiving so that hatred arises in their souls.
Wait for a second... Are you talking about Ponzi schemes that use bitcoin and pays you daily, weekly or monthly rate to double your money?
Dude bitcoin's a crypto that you can buy with fiat there's no guarantee that you'll double your money if you invest in bitcoin.
Maybe that's why they hate it: that there is no guarantee that you'll double your money?
Because they will be unemployed
If seriously, no one should be afraid of becoming unemployed these days. Many professions disappear, but what's important is that new occupations opening up all the time. Learn a new profession and be paid in BTC for your work. Problem solved.
Because they will be unemployed
bitcoin provides an opportunity to double money if they dare to invest in bitcoin of course they will profit, but many people do not know bitcoin and they assume that bitcoin is deceiving so that hatred arises in their souls.
Wait for a second... Are you talking about Ponzi schemes that use bitcoin and pays you daily, weekly or monthly rate to double your money?
Dude bitcoin's a crypto that you can buy with fiat there's no guarantee that you'll double your money if you invest in bitcoin.
people who are hostile to bitcoin, those who miscalculate about bitcoin or those who panic cell so that they lose, then they are hostile to bitcoin even though they shouldn't be hostile to bitcoin because those who make losses because of their own carelessness.
You will find individuals being hostile towards every single thing. Some people just want to aggressively show they don’t feel the same about whatever you are doing. Especially when it comes to money, its either they don’t trust in any other system, or they benefit somehow with BTC crashing, there are some huge shorts out there.
For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.
What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.
What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.
People like that probably think they were living at the old age and not open for the possibility of digital age wherein paper money will be replaced by digital money. However, I do admit the maybe most of them are skeptical and ignorant to BTC due to being decentralized and the government has no authority over it which make it illegal for other countries. So always invest what we can afford to lose
people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin
Basically what are the skills required to be in the cryptocurrency market, none basically. All you need is to read the market carefully and invest wisely and the haters are bankers and high profile stock investors and so is the reason we are discussing about this here and they do not like to see a parallel market and they are not willing to learn or missed the boat getting in when the price was really low.
Many people are not tech-savvy and don't grasp investment trends. Warren Buffet is a non-Bitcoin advocate. I bet he missed out on many of the crypto market profits.
Many people get into investing late and they want others to not get the same returns as them. Those are just bad qualities, and it often happens in life.
Many people get into investing late and they want others to not get the same returns as them. Those are just bad qualities, and it often happens in life.
people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin
That's right, And I think only stupid people are hostile to Bitcoin. If they don't see how important and potential Bitcoin is today, no one will refuse to be given Bitcoin at this time. Since Bitcoin is something that has a very good potential and future, then who is against those who have a great future if not a fool.
Some of them don't even know what is Bitcoin really but they are keep on commenting negative about it, i have some friends before that i come to an argument because they keep telling other friends that Bitcoin is fraud but they don't even know what is this.
they are just relying on media and news about it.
and instead of debating them , lets just encourage them to learn first and understand , those Haters can be a Investors in time.
they are just relying on media and news about it.
and instead of debating them , lets just encourage them to learn first and understand , those Haters can be a Investors in time.
I think the most part of haters are like you described them: they know little and yet hate a lot. From my experience encouraging them to learn is a pointless exercise. They will only learn something when in the TV-shows and news outlets that they like to watch it will be told them a thousand times.
Some of them don't even know what is Bitcoin really but they are keep on commenting negative about it, i have some friends before that i come to an argument because they keep telling other friends that Bitcoin is fraud but they don't even know what is this.
they are just relying on media and news about it.
and instead of debating them , lets just encourage them to learn first and understand , those Haters can be a Investors in time.
they are just relying on media and news about it.
and instead of debating them , lets just encourage them to learn first and understand , those Haters can be a Investors in time.
people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin
no dont just say that mate, because many of those hostile in bitcoin does not believe in this one meaning they are the one who hates investing in things they don't understand .but of course some of them are the people you called.
Some of them are not really hostile but just wanted to make you sell your coins by spreading fud. When they do share negative news and saying bad things about Bitcoin, they just want you to dump what you have and they are not just small investors who post in the forum, they are big guys like Peter Schiff being negative to BTC but asked his son to buy a ton of BTC.
There can be many reasons why many people can turn hostile to bitcoin. I can a list a few reasons of the many
1. They are antibitcoin
2. Someone is paying them to speak ill of bitcoin
3. They didn't get the opportunity to buy bitcoin at cheap price
4. They are competitors of bitcoin
5. They are more into altcoins
6. They don't know what bitcoin is all about
7. They were previously scammed or have been a victim of such incident
8. Someone they know was hacked/scammed
There will surely be more reasons that I can't think of right now.
1. They are antibitcoin
2. Someone is paying them to speak ill of bitcoin
3. They didn't get the opportunity to buy bitcoin at cheap price
4. They are competitors of bitcoin
5. They are more into altcoins
6. They don't know what bitcoin is all about
7. They were previously scammed or have been a victim of such incident
8. Someone they know was hacked/scammed
There will surely be more reasons that I can't think of right now.
I think point 4 is the most dominant, when bitcoin shines, financial services such as banks will be afraid because people will divert their money to bitcoin, with bitcoin then we get full control so we don't need third party services such as bank services so banks will soon go bankrupt .
Some of them are not really hostile but just wanted to make you sell your coins by spreading fud. When they do share negative news and saying bad things about Bitcoin, they just want you to dump what you have and they are not just small investors who post in the forum, they are big guys like Peter Schiff being negative to BTC but asked his son to buy a ton of BTC.
If they are deceived by scammers while using Bitcoin for p2p transactions, they will be malicious towards Bitcoin.
Maybe someone will forget their private key. Will lose a large part of the money,
Believe in some negative news about Bitcoin, not Bitcoin.
The important thing is that they don't believe in Bitcoin.
Maybe someone will forget their private key. Will lose a large part of the money,
Believe in some negative news about Bitcoin, not Bitcoin.
The important thing is that they don't believe in Bitcoin.
people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin
As you said above, they are individuals who own banks, traditional trading platforms. Satoshi created bitcoin with the goal of replacing the outdated payment system of banks and not being controlled by any individual or organization. Once bitcoin is accepted and used, people will choose bitcoin over banks. This will significantly reduce the bank's profits and certainly no one advocates something that loses its own interests.
There can be many reasons why many people can turn hostile to bitcoin. I can a list a few reasons of the many
1. They are antibitcoin
2. Someone is paying them to speak ill of bitcoin
3. They didn't get the opportunity to buy bitcoin at cheap price
4. They are competitors of bitcoin
5. They are more into altcoins
6. They don't know what bitcoin is all about
7. They were previously scammed or have been a victim of such incident
8. Someone they know was hacked/scammed
There will surely be more reasons that I can't think of right now.
1. They are antibitcoin
2. Someone is paying them to speak ill of bitcoin
3. They didn't get the opportunity to buy bitcoin at cheap price
4. They are competitors of bitcoin
5. They are more into altcoins
6. They don't know what bitcoin is all about
7. They were previously scammed or have been a victim of such incident
8. Someone they know was hacked/scammed
There will surely be more reasons that I can't think of right now.
IMO, Some individuals are hostile to bitcoin because their early predictions against it didn't go as predicted for them, and they are too proud to admit that they were wrong about it, so whenever bitcoin is brought up or mentioned around them, they show hostility.
Some of these individuals gave early predictions that bitcoin was not going to mean any good both for investment and and as a currency, some said it was going to disappear in a few years, none of which has happened yet. Because of pride to come out sometime and admit that they are wrong, they still decide to defend their failed predictions with hostility.
Some of these individuals gave early predictions that bitcoin was not going to mean any good both for investment and and as a currency, some said it was going to disappear in a few years, none of which has happened yet. Because of pride to come out sometime and admit that they are wrong, they still decide to defend their failed predictions with hostility.
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