Topic: Why people don’t believe in crypto? - page 38. (Read 2574 times)
I think there are still many people who do not believe in crypto because they have not released their product, most ico is still in the development stage and the average completed roadmap in 2020
I do believe some people don't believe in ICO because they have little information concerning that area
For those who do not believe in crypto may lack knowledge of the world of crypto, then they are not interested and do not believe about crypto maybe because they are afraid that digital money can not be used for payment, so what they want is real money that is easy to use. So suppose they know what crypto is and have great technology, so I'm sure they'll use it as an easy-to-use payment tool.
Because they do not understand it and do not want to understand why it is needed. And they do not believe that the crypto currency can change the whole world
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?
Without a doubt cryptocurrencies are the future but people are not going to believe it until they see it most people are like that, but when they finally realize the mistake they have committed they will try to buy cryptocurrencies for the FOMO and when they are just getting in the market we will be cashing out and enjoying our well deserved profits while they most likely will lose their money. 
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?
Because they dont know crypto,and they are not ready to open their mind in new technology.and maybe because they learn first the negativity that has been spread worldwide by those banks and goverments to bring this down.This is what were here to encourage them realizing what they have losing while time is running,investing in cryptocurrency is risky but full of potential not like banking deposit that only taking advantage of our money
There is uncertainty in people like they used to have when internet came in late 90's people didn't believe in internet as well. So it will take time for people to accept crypto currency.
It depends on the experience of some people. Some are not open-minded to try and they are afraid that they might be scammed. Just like in my country where a couple is jailed because of scamming several people where they used the name of Bitcoin to invite people. It makes people afraid of investing in cryptocurrency because of them scammers.
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?
What I see is that some people do not like crypto because they do not know more about crypto then some people do not like crypto but that way maybe some people do not believe in crypto because now the price is still down and not yet up and with so many people do not believe in crypto
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?
We all are agree who are in this field since long time but here a big factor arise that is trust with any coin is a big factor and also most of the newbies are thinking that here no any rule of taxation is a grbage and this should not be in our life and also many countries have not made any rule to use cryptourrency but they are asking for the tax and also making raid in the big big worth holders of the money but they are not making themselves clear that what they want either they will ban it or, give some rules to use bitcoin .So such types of the fear always runs in the mind of the newbies to enter in this field and work independently .
Because a lot of guys lost there money already and dont believe at it. They bought on high level and are waiting when BTC gonna be $100.000 but it's going down because of the correction. So they just sell it when big guys buy and loosing. So be aware of any investment say they are, don't go to crypto, you loose there
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 agree with you. In most cases, the future is incomprehensible to people. There is also a fear of change, because they do not understand what this is. That's why it's very hard to get someone into something he does not understand.
Maybe they got engaged in crypto but they failed and afraid to believe in it again. Crypto is great as it shows the potential of growing, you have to learn the process and choose the good coin where to put your money and be conscious in every sites going to visit if it is legit and to people who use crypto to scam other people who have little knowledge to join in crypto.
I believe people don't believe in crypto for many reasons which include:
1) ignorance
2) scared off by lack of regulation
3) abundance of scams
#3 has resulted in legitimate ICOs having trouble succeeding. People believe everything nowadays is either fake or a scam. Which a lot of the time, it's true.
At Bithemoth we're currently experiencing the difficulty in promoting a legitimate ICO.
Bithemoth
Now although we don't have an MVP available to the public yet, we do have our beta exchange almost complete. Screenshots of our exchange will be released this week. Check out our ANN thread in the meantime, we won't disappoint!
https://bitcointalksearch.org/topic/annicobounty-bithemoth-exchange-an-all-encompassing-exchange-platform-3311741
At Bithemoth, we're developing an all-encompassing trading platform.
Here is what sets us apart from the existing platforms:
Those are the main features, there are small things that I always forget about! But it’s all in our whitepaper. With a partner like ReddCoin, and the other projects we are currently in talks with regarding a partnership, you do not want to miss out on this opportunity.
1) ignorance
2) scared off by lack of regulation
3) abundance of scams
#3 has resulted in legitimate ICOs having trouble succeeding. People believe everything nowadays is either fake or a scam. Which a lot of the time, it's true.
At Bithemoth we're currently experiencing the difficulty in promoting a legitimate ICO.
Bithemoth
Now although we don't have an MVP available to the public yet, we do have our beta exchange almost complete. Screenshots of our exchange will be released this week. Check out our ANN thread in the meantime, we won't disappoint!
https://bitcointalksearch.org/topic/annicobounty-bithemoth-exchange-an-all-encompassing-exchange-platform-3311741
At Bithemoth, we're developing an all-encompassing trading platform.
Here is what sets us apart from the existing platforms:
- We plan to streamline signup process. Too many exchanges have created so many hoops for users to jump through in order to use their exchange
- Our UI will be very clean. This is a main focus for our platform. Existing exchanges can be very confusing for users new to the crypto space.
- The in-house portfolio management allows users to easily assess their investments with features such as average buy cost, current value, cumulative portfolio performance, and more.
- It’s well known that the support systems that exchanges have setup are highly inefficient and frustrating for users. We will have dedicated systems in place to ensure users have no issues when utilizing our platform. Along with that, we’ll have multilingual support.
- All the features we support on our platform will have a video explanation ensuring smooth trading
- We will introduce fiat to crypto transactions and vice-versa
- Mobile App
- Marketplace where users can use crypto/fiat to buy products and services
- An integrated specialized hardware wallet for users to store all their assets
- Bithemoth payment cards – this is expected to be integrated within the first 2-3 years of operation
- Brick and mortar locations that allow people to come in, speak with our team, learn more about the crypto space, learn how to get started with our exchange. Pretty much an educational service
Those are the main features, there are small things that I always forget about! But it’s all in our whitepaper. With a partner like ReddCoin, and the other projects we are currently in talks with regarding a partnership, you do not want to miss out on this opportunity.
Some people are just afraid of change that's why some people doesn't believe in crypto. Many factors make people stay away from crypto like scams, lack of knowledge and other stuffs. It will take time for some people to embrace crypto because crypto world keeps growing.
Because today's ciphers are so many, many fraudulent ICOs have taken place in the market, thus making us more and more erroneous in the analysis. Many people have used sweet words to manipulate, thereby appropriating the property of others from the cryptographic market, thus making new entrants lose confidence in the password.
People who do not trust Crypto, because they just know Crypto. if he's known for a long time, and wants to learn Cryptocurrency, I'm sure they'll trust Crypto.
There are a lot of people in the world who do not keep up with the development of technology. They consider cryptocurrency as some kind of insanity. I think that in 50 years cryptocurrency completely replaces the fiat money.
They are scared of crypto because most poeple are risk averse and always want to play it safe. I put the blame on lack of knowledge and education in crypto and their unwillingness to learn. Is human nature to be afraid when venturing into new fields and that has resulted in their disbelieve in crypto.
Most people dont believe crypto because they did not spend some times researching it. Its a bit difficult to be accustomed with crypto actually. But there's nothing unbelievable things happening.
I think more of not beliving there is a matter of being scared of it. People those days still don't know much about cryoto and are scared of new things. Also as we know crypro is a risky way of trading if you don't know how to do it. In addition, crypto aren't very stable and there is possibility it will fall one day.
There are still many people who do not believe in cryptocurrencies. Most of them do not understand. After all, the number of people who currently cryptocurrency is not much in the global proportion. When many people enter the field, the cryptocurrency is successful.
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