Big officials and people with big wallets are afraid of bitcoin! you just imagine how much, what a huge amount of capital left the banking sector? !!! these are all earnings lost visas and master cards! for this is the war now! but I'm sure that the market will break out and win!
Lack of idea about something is just one of the problem about trusting it. I think it's the main cause why a lot of people are still afraid of bitcoin. They don't have enough knowledge about it's principle and not sure about its effect. Or maybe because they know what bitcoin is capable of doing once it has been accepted especially for people with lots of money because it can lessen the strength of the value of their money in currency 
Topic: Why are they afraid of bitcoin? - page 3. (Read 2669 times)
Take away ability to control money from the government and they don't have much power.
In my opinion they are afraid to get scammed from Bitcoin. Because they are not interested in it. If they are afraid to invest money then they will not get profits in my opinion. They hear bad news about Bitcoin because of which they are afraid to invest. That is why they ask others to refrain from it. They do not think Bitcoin is safe. So they are scared.
Maybe they are afraid that they might be scammed. And mostly, what we see in the internet that talks about money is we also have to give money first in order to earn money. Also there are a lot of negative stories about bitcoin.
Because it is the most known part of the internet, these scams and possible threat from online transactions are just what they see, but if these people will spend more time learning about bitcoin and other cryptocurrency then they would now how secure and profitable it is.
For the foremost widely known motivation behind why a couple of folks worry the bitcoin is on account of they're absence of data regarding the bitcoin and what's a bitcoin. They believe that bitcoin is Associate in Nursing expansive trick and that they area unit being Associate in Nursing oblivious regarding the bitcoin. Another motivation behind why people area unit apprehensive is on account of they're hesitant to travel for stony-broke and be a part of with the stream. they're anxious regarding the bitcoin in lightweight of the very fact that they understand that bitcoin is unsafe. they have to obtain a bitcoin but they're hesitant to travel out on a limb
usually they are afraid of what they do not know or do not know how to work with it. for this you need to have an understanding of the crypto currency. bitcoin is new and unexplored, like a dark forest in which it is terrible to enter. if people already have awareness of how to work with it, so it is necessary to support new trends and develop the direction of the crypto currency
well change is not an easy thing, every change faces a resistance some a high resistance whereas some just a formal one but what is the reason you mentioned all those economist and why should they be afraid of it ?
Why are they afraid of bitcoin? they are afraid because they do not know or understand how bitcoin work like, they just want to gain profit and afraid to lose. without searching first about bitcoin.
people might be afraid of cryptocurrency/bitcoin because not all countries presently accept it. Nevertheless, the number of countries agreeing to accept it is growing.
What do you think the afraid?
Because they don't know about Bitcoin, they think about that Bitcoin is a scam. Instead of accepting the fact that there is always a certain of changes in the environment there is always greater thing to come.
Because they don't know about Bitcoin, they think about that Bitcoin is a scam. Instead of accepting the fact that there is always a certain of changes in the environment there is always greater thing to come.
Maybe they are afraid that they might be scammed. And mostly, what we see in the internet that talks about money is we also have to give money first in order to earn money. Also there are a lot of negative stories about bitcoin.
Possibly people are afraid of bitcoin as they think there's no money in there and when they get in they also think that they will be scam and as we for the value it's too high and hard to reache that user will think it's pointless if we go through. But the reality is that give your trust and have patience then you can served trust of it. 
Everyone who work by bitcoins and want to make a profit by it afraid of losing their invest money in btc when her price decresing and be under than their investment in it
I don't know why they are afraid of Btc. For me there is not something to be afraid of. Btc is an extraordinary open door for me. How might I be afraid of that? Possibly some are afraid in light of the fact that it is extremely risky when you contribute to it however when you truly need to acquire profit you have to conquer your dread and go out on a limb.
Big officials and people with big wallets are afraid of bitcoin! you just imagine how much, what a huge amount of capital left the banking sector? !!! these are all earnings lost visas and master cards! for this is the war now! but I'm sure that the market will break out and win!
Investment is big part of bitcoin. Whenever it comes to an investment it has always risk. Peoples who are new at the process of knowing bitcoin are mostly afraid of bitcoin. They afraid that after investment they're gonna lose their profit that's why they're mostly scared of bitcoin. Peoples are also scared of bitcoin as result of government negative impact on bitcoin as far as peoples concerned they're gonna lose their value after investing in it that's why they are scared mostly.
They afraid because the bitcoin have no tax and some people donot know what is bitcoin and people dont know bitcoin is secure and people domt know how bitcoin work But you need to take a risk to became a successful person.
we cant blame some people if theyre afraid of bitcoin, since internet is prone to hackers or someone might sabotage the system and jeopardize everything...
I am really surprised on the very high value of bitcoin. Back then, it was not given a full attention but it shocked all the people especially investor when the bitcoin really increase its value
Many people do not know about bitcoin, so there's nothing to scare people.
A lot of people see bitcoin as a scam, some kind of HYIP or ponzi scheme that they think is here to scam them and take all their money. This is why the right information is important and also education too about what bitcoin, a lot of people have no idea bitcoin is a currency, they think it's illegal and a scam.
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