Topic: Why people fear about BITCOIN (Read 2158 times)
because of future bubble, all signs it will bubble, its just a storage of value without usage aside of price speculation and this generation is in deep of FOMO.
There are so many stories around the bitcoin that make people worry. Does shatosi appear? if he is bad. Bitcoins can be hacked, and the bitcoin technology is outdated.
Why are people scared about BITCOIN? so other people are afraid of bitcoin because they have not tried it yet and those they hear in the news are bitcoin scams so other people who want to enter bitcoin are no longer in the mood for fear of being scam.
Yes there are some who are not believer or i must say they are afraid to invest on bitcoin because they don't want to risk their money knowing that bitcoin price is not stable. Others also fear that its a scam unless you give them prof that its really legit and they can make money from it.
Governments may fear Bitcoin because its value is determined by users and not central ... To an increasing number of people, that promise means nothing.
People fears to invest in bitcoin because they think it is scammed.And another reason they are afraid to invest in bitcoin is because they are not yet well known it and they have never known how bitcoin can help them once they try to join.And maybe because many still do not know bitcoin.And because it is occurs in the internet.
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Its not the people who fears it in the first place. Its the bank and the governments. They fear how Bitcoin may be used by the majority due to its unique features that the banks do not possess. The government as well will take actions to prevent it from happening for they cannot take over the control over the supply and transactions with Bitcoin. With that, they used the social media to spread misleading information, focusing only the risks of hacks, scams and fraudulent activities. They didnt even report the good opportunity that Bitcoin can give to every individual. People who only rely on news and other form of media are the ones who are afraid. If they could only make a few research they wont be blinded by the media.
Thats what happened here in my place.
People don't used to trust in new things or in things that they don't know. Moreover when people discover a new technology most of time it's thanks to the medias and we all know how the media can be idiots about the informations they gave to people. I speak about this but are you sure that "people fear about bitcoin" ? I am not sure 
About people who understand the technology they can be afraid of the vollatility, afraid to lost what they have so they prefer to not invest.
Pretty much this. Most people don't have a good understanding of technology and only take away a few bits and pieces and unfortunately the media sound bites tend to stick. 'Exchange hacked!' 'Bitcoin + Darkweb!' couple that with the volatility compared to the investments they are used to and the numbers they are doing in their head equate bitcoin to dark sorcery. About people who understand the technology they can be afraid of the vollatility, afraid to lost what they have so they prefer to not invest. Over time we will see more people becoming educated and understanding the actual strengths and weakness of the various crypto currencies.
People don't used to trust in new things or in things that they don't know. Moreover when people discover a new technology most of time it's thanks to the medias and we all know how the media can be idiots about the informations they gave to people. I speak about this but are you sure that "people fear about bitcoin" ? I am not sure About people who understand the technology they can be afraid of the vollatility, afraid to lost what they have so they prefer to not invest.
About people who understand the technology they can be afraid of the vollatility, afraid to lost what they have so they prefer to not invest. 
People have some fears about bitcoins because of price volatility, bitcoin is not a backed up currency, many illegal uses,..
People fear what they don’t understand, bitcoin is just like that, it is a new idea and people are still skeptical with putting money in the internet and on top of hacking incidents of many internet sites and accounts. I think the best solution is information dessimination to the public what bitcoin can offer.
There Is no one who fear about bitcoin because bitcoin has given a lot to the people and all this will be continue in the future and there is maximum potential to give investor profit and there is another possibility that its prices will be much more higher in the future and maybe in future price will be in millions and sooner whole world will use this coin only those people will use this coin as payment also.
I think beacuse they lack knowledge about bitcoin that is why a lot are in doubt without trying to themselves. and also it is because it's in the internet, as we all know there is a lot of scam going on the internet. Aside from that many peope fear about bitcoin because the government always warned them that it is so risky, but I think it will only be risky if you are uncareful to handle this.
It is just becouse the don't fully understand it. I'm sure that if person knows enough about Bitcoin, he or she will not be afraid of it. They will be impressed and probably will love it. Another question is that it is difficult to understand for common citizen.
because investing is gambling plus this occurs in the internet so this might crash soon but i hope not
People fear about because of its price volatility,we can't predict when the price of bitcoin will rise and fall so people fear that they may lose their investment after investing.
Bitcoin has no physical structure it is totally new to the people so some people thinking that is a scam .
Bitcoin has no physical structure it is totally new to the people so some people thinking that is a scam .
yes one of important thing about bitcoin is price bitcoin price changes fast and moving up in short time.
my reason is my government not accept my bitcoin and hard to find someone buy my BTC
Digital believers believe that the emergence of futures contracts will help trading professionals protect themselves against the turbulent fluctuations of Bitcoin, while also encouraging investors to jump. to profit from this fluctuation.
"The volatility of digital currencies is not so impressive compared to other types of assets," said Ari Paul, CIO and managing partner at BlockTower Capital, for He points out that investment assets such as small capitalization stocks in emerging markets and agricultural commodities are also volatile.
"The volatility of digital currencies is not so impressive compared to other types of assets," said Ari Paul, CIO and managing partner at BlockTower Capital, for He points out that investment assets such as small capitalization stocks in emerging markets and agricultural commodities are also volatile.
Hmm because some people fear in online investing because they always think they will be get scammed plus they didnt believe in bitcoin they didnt know much about bitcoin
Absence of trust in bitcoin of other people shows their reason that they fear that they are only wasting efforts and money because they will be scammed at the end. Taking risks is included in all types of investments and we can't remove that fact. They need to read more about bitcoin or someone who will explain bitcoin to them clearly. 
Because for common people bitcoin quite strange and different from every type of investment. To catch it's idea is little bit difficult to grasp for the common people. Another problem is it can't be controlled by any things it fully depends on the economic conditions. So it's volatile nature brings a risk content in to it.
I'm not sure if people actually fear bitcoin. Yes, usually people are automatically against it every time i'ts brought up in a conversation, but there are several reasons for that IMO:
It's too hyped. When I talk with people about bitcoin I usually hear extreme opinions. It's either "This is the future. Invest now and you'll make 10x in a year" or "This is just a ponzi, I'm never going to spend my money on this shit". Too many people represent bitcoin as a flawless concept with promised profits and no risks. People who hear those stuff usually get suspicious and think it's just some sort of scam. When you explain people the idea and the technology behind it, and tell them that it's just like the stock market, nobody can guarantee that the price won't go down by 50% someday, they usually become more open to it.
The other main problem that keeps many people from investing in bitcoin is it's super high volatility. A lot of people just want solid profits, without high risks. Of course the fact that it's a digital coin, without any large brand behind it makes it harder for people to trust it, but I think this is becoming less of an issue now with all the hype that's going on around bitcoin.
It's too hyped. When I talk with people about bitcoin I usually hear extreme opinions. It's either "This is the future. Invest now and you'll make 10x in a year" or "This is just a ponzi, I'm never going to spend my money on this shit". Too many people represent bitcoin as a flawless concept with promised profits and no risks. People who hear those stuff usually get suspicious and think it's just some sort of scam. When you explain people the idea and the technology behind it, and tell them that it's just like the stock market, nobody can guarantee that the price won't go down by 50% someday, they usually become more open to it.
The other main problem that keeps many people from investing in bitcoin is it's super high volatility. A lot of people just want solid profits, without high risks. Of course the fact that it's a digital coin, without any large brand behind it makes it harder for people to trust it, but I think this is becoming less of an issue now with all the hype that's going on around bitcoin.
First of all in my opinion it is because it's in the internet, as we all know there is a lot of scam going on the internet and many people are afraid to put their money especially in this world. People are afraid of bitcoin because they don't completely understand what bitcoin is and it's very common to people to fear what is unknown to them.
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