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Topic: Why people don’t believe in crypto? - page 35. (Read 2574 times)

jr. member
Activity: 406
Merit: 3
June 05, 2018, 07:29:25 AM
Some people are just afraid, because today there are a lot of myths about digital coins that mislead users.
full member
Activity: 742
Merit: 100
June 05, 2018, 06:36:50 AM
At first Cryptocurrency came in this online industry On that time people don't believe with cryptocurrency because they don't have any idea with cryptocurrency but now there are too many people believe in cryptocurrency because people understand and some people already make a million of dollars so all people don't believe with cryptocurrency some people believe in cryptocurrency.
full member
Activity: 994
Merit: 101
June 05, 2018, 06:28:21 AM
i do agree with you that crypto is the currency of the future. but i don't think that people don't believe in crypto. Yes, it's true that many country don't want crypto because of some reason. like vat, criminal issue etc. but day by day crypto currency is going forward. many people invest there money on it everyday. huge company's are showing there interest in crypto that's why they create there own crypto. so for me it's moving on. Smiley
member
Activity: 490
Merit: 10
June 05, 2018, 06:17:57 AM
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
I do not think they do not believe it but rather they do not know the workings and profits derived from the crypto world.
newbie
Activity: 112
Merit: 0
June 05, 2018, 06:08:24 AM
People attribute crypto to be a scam. Many people do not believe in crypto because of the price volatility as well.  They think that crypto is a bubble, making them not to believe in it. But I guess that with time, they would get to know the truth more
newbie
Activity: 31
Merit: 0
June 05, 2018, 06:00:46 AM
I've always believed it to be fear of the unknown tbh. Weirdly enough some people even have religious reasons. Perhaps for some its just the volatility. The reason I took so long to start investing was for that same reason till I decided to just take the plunge.
sr. member
Activity: 686
Merit: 250
June 05, 2018, 05:47:44 AM
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
So many people do not believe in Crypto, That's all right, It's still very new, in the early stages of development, Value and interest of the community is changing so fast! need stability!
sr. member
Activity: 409
Merit: 250
June 05, 2018, 05:44:29 AM
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?

Yes i do agree crypto currency is currency for future, that's why many are still hesitate and afraid to embrace and invest mainly because they are still on the stage of getting into it and trying to understand its volatile characteristics.  It also add the arising negative social media news for ico scammers that greatly affect big lost of investmet.

member
Activity: 344
Merit: 10
June 05, 2018, 05:32:47 AM
Because the current cryptocurrency has no practical application, many tokens have no dependable products. Even if it has products, its practicality is very small. People are more willing to believe what they can touch and see!
member
Activity: 574
Merit: 12
Kuvacash.com
June 05, 2018, 05:00:45 AM
Cryptocurrency is still relatively new, just like any startups it requires time to grow and gain acceptance. Blockchain technology upon which crypto is built is good and will only take some time for mass adoption. People are still skeptical possibly because of regulations but only time will tell on the future of crypto.
jr. member
Activity: 392
Merit: 1
June 05, 2018, 04:51:40 AM
It seems for me that the very first reason why people don’t really believe in crypt is the fact that crypt is not stable. Someone lost a lot of money. But crypto market is too young to be stable. So we need to believe that it would be better in the future..
newbie
Activity: 154
Merit: 0
June 05, 2018, 04:44:21 AM
I guess why some people don't believe in crypto is because they don't understand the crypto or knows how it works so they see it as scam because they don't know any thing about it. I think that's why most of them don't believe in crypto.
jr. member
Activity: 98
Merit: 1
June 05, 2018, 04:30:31 AM
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
I Think so, many good potential in cryptocurrency, Like you and I that know the decentralized and if they're too, maybe they also join to crypto world. Less knowledge still their hindrance.
member
Activity: 144
Merit: 10
June 05, 2018, 04:25:07 AM
people dont believe in the capability and existence of crypto. some said that its waste of time knowing this kind of currency. they believe that this is some kind of invented kind of money,.
In my opinion, I think that people do not believe in cryptocurrencies for the reason that they do not know anything about it, and if they do, they think that it is irrelevant. Most of the people are still into fiat money, and only few people know about crypto so I am not surprised that something they know nothing about will make them invest or get involved into.
sr. member
Activity: 631
Merit: 253
June 05, 2018, 04:21:55 AM
It's nothing but the lack of knowledge. if all of the people would know about decentralized system properly then people must encourage to this platform for the investment purpose. So we have to let them know first clearly and then their fear will be gone.
Most likely that is how they see crypto. While the other people also are just being brainwashed, or few of them are just misinformed to what crypto really is, without even trying and putting a little effort into learning further about the details. Some also are just waiting until someone has the results, and then that's the time they will join the crowd.
sr. member
Activity: 1078
Merit: 270
June 05, 2018, 04:21:31 AM
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?


there are many factors, especially the virtual currency has a negative side that is often preached by local and international media as well as with the ban. so that's the main factor that many people are afraid to invest in the crypto industry. moreover there are many ways a scam on behalf of ico. the risk is quite large and this is a scourge for many investors.
newbie
Activity: 224
Merit: 0
June 05, 2018, 04:17:30 AM
it is a young market and for many people it is not clear. It takes time for this.
full member
Activity: 414
Merit: 107
June 05, 2018, 04:16:14 AM
It's nothing but the lack of knowledge. if all of the people would know about decentralized system properly then people must encourage to this platform for the investment purpose. So we have to let them know first clearly and then their fear will be gone.
full member
Activity: 912
Merit: 100
June 05, 2018, 04:13:51 AM
Many simply do not understand this. Plus, negative reviews influence the opinion of the cryptocurrency.
In general, the cryptocurrency is the future. It is only developing and in the future it can bring great success to those who invest in it now.
jr. member
Activity: 364
Merit: 6
June 05, 2018, 04:09:32 AM
I think, because no one really knows what will happen to Bitcoin. It is so unpredictable and volatile. Not all people want to risk their money in something so risky. For example, what will happen to your 5k$ in the next 2-3 years? Will it go down or will it increase? And the media makes Bitcoin and Cryptocurrency look like a negative thing to invest into. All the negative things.
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