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Topic: Why do many people who don't know bitcoin denigrate and attack bitcoin? - page 2. (Read 431 times)

newbie
Activity: 149
Merit: 0
People are afraid of new things. It's that simple. One hears excuses like its not physical, how can it be real? I think that in time and with proper education, bitcoin and actions will become the thing of the day. Look at the internet,mobile phones, etc all these were looked at as things that would not last but.......
full member
Activity: 585
Merit: 100
Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
Right! Many people do not know that they are attacked bitcoin and I attack bitcoin. Because no one knows how to steal personal accounts. That is not easy. Most bitcoin is often hacked by famous hackers.
jr. member
Activity: 207
Merit: 2
I think people like that are monotonous in their lives, and always dependent on others, and people who do not dare to work independently.
legendary
Activity: 2212
Merit: 1008
try you notice a tree (coconut tree) he grows from a little longer he continues to grow tall and taller and the wind blows him very hard but he is not easy to collapse because a lot of roots that sustain him to thousands / millions of roots, as this is the bitcoin the more triumphant the more people who underestimate and insult bitcoin so to face the rumors you do not panic because this is a bitcoin glory.

Honestly I do not care about these people and do not pay attention at their arrogant sayings. I suppose they are jealous. They simply cannot stand the idea that somebody can earn 10-100 times more than they do, and earning this person can stay home, without spending gas to go to his workplace.
full member
Activity: 406
Merit: 102
Let me compare it as a antigen that are present in a vaccine that enters the body.
Vaccines are introduced to the body to be immunized by the specific antigen in order to avoid being sick the next time he or she is exposed to the disease itself. In short it is made for a good cause.
Bitcoin is the antigen which is created for a good purpose, but before it acts freely to provides good, it is known as danger.

But I know it will be accepted in the future to provide its purpose.
full member
Activity: 179
Merit: 106
Exactly. We're here so far down in the weeds talking about LN, atomic swaps and layered solutions - and John & Jane Doe are just now learning about this "Bitcoin thing". We're way overestimating the ability of the average punter entering this space and their care factor about the BTC/BCH war. They'll look at the market caps, see that Bitcoin is blowing the rest of the competitors out of the pool and drop their hard earned cash down on the safest, most well known and most recommended crypto out there.
legendary
Activity: 1470
Merit: 1078
When some economists attack Bitcoin with tulip mania, it's because they apply economic theories, empirical and theoretical studies, but Bitcoin is quite different from existing models, a combination of cryptography, economics, and game theory and they don't expect to see a paradigm shift through Bitcoin's economic model.

When some banksters attack Bitcoin with fraud, it's obviously their lack of control over Bitcoin makes them feel threatened.

When investors like Warren Buffet call Bitcoin a mirage, it's basically their lack of understanding of a new technology or their reluctance to accept something new.

And then there are attacks/FUD purposefully planned not because of any economic model, feeling threatened, or technology, but solely for monetary gains.

Leave aside banksters, but I wouldn't say negative statements against Bitcoin by economists are always meant to be an attack on Bitcoin, at times there is some constructive criticism.
legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Oh, there are many reasons for that :

1. The competition wants it to fail. They even pay people to shill against Bitcoin on public platforms.

2. Fear of the Unknown. People are just human and we have built in mechanisms to protect us from the unknown. Most people will go in attack mode, when they are presented with something unknown.

3. Arrogance : A lot of people are just arrogant. Those people acting like teenagers that always know better. Even when they know fckAll about the subject.

4. Jealousy : The people who got in late or who were to scared to take the risk and who are butthurt now, because they lost out on a opportunity. Now they shift that negativity onto Bitcoin for their mistakes.

5. People who invested, but got burnt - Failed Ponzi schemes / Panicked too quickly and sold at a loss / Exchanges that got hacked, like MtGox etc.  

6. Price Manipulation : People use public forums to manipulate the price. Posting FUD to create panic and then to buy when the price goes down and visa versa.
member
Activity: 114
Merit: 13
Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
I do not have to know the trick of blockchain or bitcoin (in fact, I know a little about it), and I can tell if bitcoin is a scam: maybe you can use it to buy a cup of coffee or compassion, but it can not be used to pay taxes. The Chinese government only accepts RMB, and the U.S. government receives only U.S. dollars. As long as it can not be used to pay taxes, it can never become a law currency.
member
Activity: 182
Merit: 10
try you notice a tree (coconut tree) he grows from a little longer he continues to grow tall and taller and the wind blows him very hard but he is not easy to collapse because a lot of roots that sustain him to thousands / millions of roots, as this is the bitcoin the more triumphant the more people who underestimate and insult bitcoin so to face the rumors you do not panic because this is a bitcoin glory.
newbie
Activity: 70
Merit: 0
In many countries, bitcoin is not legal and prohibits bitcoin transactions.
In countries where bitcoin is banned, traditional media follow the will of the state.
It would undermine bitcoin even if it didn't know it.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
it happens because they do not like and hate with technological innovation, or ignorance makes him easily provoked by a rotten conspiracy.
I think this is a big challenge for bitcoin, if bitcoin is able to stabilize in the middle of a storm, then bitcoin will rise and high quickly.
newbie
Activity: 84
Merit: 0
To be fair, not only the people have raised their level of skepticism about the rapid ascend of Bitcoin and other digital currencies. But to call the digital currency a fraud and a tulip is more than skepticism, in my opinion. It undermines the potential of Bitcoin to become a “peoples’ currency,” and replace national currencies.It is one of the main reasons of attack bitcoin.
member
Activity: 112
Merit: 10
Young, Dumb & Broke
Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?


It's simple. People are driven by GREED and FEAR. The ones who are in charge or managing the current system of how money works can't seem to quell their thirst for it. And when they realize that there are certain things that can threaten the system, they fear that it will cause the system(in which they benefited from) to crumble down.
newbie
Activity: 2
Merit: 0
Bitcoin is a new paradigm of perception of money, and as everything new when it appears, it lends itself to criticism, attacks and misunderstanding. But we all know that such things as a phone, a computer, the Internet became a part of our life, although they also succumbed to criticism and attacks. The same with bitcoin now, it's a matter of time until everyone recognizes it.
member
Activity: 117
Merit: 19
I think there can be permanent members of the currency as a credit endorsement only more reliable!
Even if the cap, shell, coffee beans, bullet shell, at some time can not be easily copied to maintain a certain amount of strong credit endorsement I will collect it! Bitcoin as a data block is not suitable for long-term hold!
sr. member
Activity: 644
Merit: 263
Have you ever heard of the execrating nature of the people when they see something very fascinating but are not able to adopt to it in the first place? Then thats the time when we start seeing mob of haters who starts publishing odd things about the bitcoin.

This thing only comes up front when someone is unable to use the technology in proper way and are not able to generate the revenue, output or any sort of profit from it. In this case we talking about the Bitcoin. Many of the people don't find a good way to invest into it and loose the money that they stake in it and thus start hating it. They start mouth to mouth publicity about their story and believe me there are more such people that the one who are successful in it. Thats the reason I believe makes such people behave like that.
newbie
Activity: 25
Merit: 0
Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
Many people always think they think they are right, so when they think that bitcoin is risky, they will denigrate them. They don't want others to enter the field, because when others know the truth, they can't stand on it.
member
Activity: 952
Merit: 41
You have said it that people who don't have the knowledge of what bitcoin is, it potential and it capacity term to denigrate it, that is due to the fact that they can comprehend what the cryptocurrencies world is and how it works and they can't deny it success so the only thing they turn to is to attack bitcoin, and again another set is those that even have expact knowledge of bitcoin but are afraid of it success so they attack it e.g the government and the banks.
sr. member
Activity: 756
Merit: 253
I can understand your feelings.
I also hate people who don't understand bitcoin and denigrate it.
I think bitcoin has hurt their interests.

Many are peeved because they didn't get on-board early to partake in bitcoin mining or even it's direct investment and this and many other reasons generate genuine hate among them for bitcoin and so they will cease every little opportunity to run it's success down as they will be happy to accept bitcoins failure because they are not a part of it. I think it's generally part of the selfish human attitude that some people fail to control  even in public.
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