Why are some people so Anti Bitcoins??

[raze]

Says who? bitcoin can go back to 20 tomorrow. Would that screw you out of money? Would you say fuck bitcoin. If I was holding coins I wouldnt be happy I might even say I had been scammed.

There are obvious risks associated with Bitcoin, it's plastered on nearly every article/forum/site about Bitcoins. So you know there's a massive risk where you're putting your money. Even if they did go down to 20, there's no way in hell I'd say "I was scammed". That implies someone took advantage of me. I'd say "I took a risk with my money, it didn't pay off and now it's time to move on".

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[raze]

Bitcoin is a scam because it is shit as money. Btc incentives hoarding and price manipulation. When a coin comes out that ties the value to the market participation and incentives sharing and spending and new market participation bitcoin will die and take its place in history beside myspace and beanie babies.   

On the contrary, I think it'll go down in history as being one of the first successful crypocurrencies to make it to mainstream adoption But who's to tell where it'll end up, definitely not me or you.

[ik2013]

Sounds like you should tell your teacher to come talk to these folks here, they will sort him/her out...

[TaxingBitcoins]

Fear is driven from a lack of understanding and a deficiency of curiosity.

Wow great quote!
All significant advances in technology are indistinguishable from magic

[hothothot1994]

Bitcoin is no more of a scam than any other currency...the dollar, Euro, Pound, etc. People can hold paper currencies so it gives them a sense of (false) security. They think that since they can't hold Bitcoins that it's some sort of scam without ever really researching on their own. Sure there are risks, but there are risks with every currency, just research hyperinflation or the history of fiat money.

You can argue that paper money is outdated and will be obsolete, and is bound to be taken over by virtual currencies. Bitcoins or any other virtual currency fits needs like electronic money transfer much better than paper money ever can. World needs are heading more and more towards a need for a global currency that paper just cannot fulfill.

Simply, most people don't like change...

[Arnold37]

Bitcoin is a scam because it is shit as money. Btc incentives hoarding and price manipulation. When a coin comes out that ties the value to the market participation and incentives sharing and spending and new market participation bitcoin will die and take its place in history beside myspace and beanie babies.   

On the contrary, I think it'll go down in history as being one of the first successful crypocurrencies to make it to mainstream adoption But who's to tell where it'll end up, definitely not me or you.

There are a lot of technical challenges to overcome for bitcoin to reach mainstream everyday adoption. My guess is that Bitcoin will likely be a backend where the "value is stored" and wallet services provide the small and fast transactions for everyday transactions.

[raze]

Bitcoin is a scam because it is shit as money. Btc incentives hoarding and price manipulation. When a coin comes out that ties the value to the market participation and incentives sharing and spending and new market participation bitcoin will die and take its place in history beside myspace and beanie babies.   

On the contrary, I think it'll go down in history as being one of the first successful crypocurrencies to make it to mainstream adoption But who's to tell where it'll end up, definitely not me or you.

There are a lot of technical challenges to overcome for bitcoin to reach mainstream everyday adoption. My guess is that Bitcoin will likely be a backend where the "value is stored" and wallet services provide the small and fast transactions for everyday transactions.

Yeah, that's a fair point. Maybe a "pioneer" of virtual currencies.