What Is with The Negativity Around Bitcion......

[DrGuns4Hands]

For me, there's no negative sides or bad sign inside bitcoin. It comes to a good way wherein all people are very excited and well productive in the sense that it is about money, so they need to be responsible and become aggressive in anything that may happen.

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[Jake052478]

So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

Actually the negative thought of bitcoins surrounds it legality or of its legal basis and also its volatility of its value.  The sudden rise and down makes it so scary that people became so skeptic to invest.

[worle1bm]

So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

As now bitcoin is gaining popularity through media channels publicising it's value to the audience. The big financial experts or so called financial traders are making their judgements about btc and spreading news among masses that its just a bubble and you might get scammed so be away from it.They are only doing this because of the fear they are feeling because they cannot compete with bitcoin and think that they might losse their imporatance. So there are negative news always or criticism when something people are not part of it but cannot do any harm to it.

[ivrynx]

This is just a normal thing to all great investments, people will say anything negative just to scare people in order for them to get the trust of people and say that what they are offering is the best thing that they could possibly have. You can see from the bankers, they do not agree of the idea of decentralized currency, simply because it will destroy them, people might turn away from Fiat, which is what they have and then in turn, they will have no livelihood, however for investors, it is dependent on the generation they are in, there are only few baby boomers who trust in Bitcoin, because it is a new thing and they gained profit from the stock market, however for the Gen x and millennials, they have a different experience, since they have been born, when the stock is already high, they cannot say the same, but if they invested on Bitcoin way back 2009, the story will be different.

With all the negativity around we just need to focus on what we are doing, let's simply put it this way, they have their own business we have ours, it is much better to mind our business than others.

[Zentor]

People are hostile to the novelty because it forces them to leave the comfort zone. After a while they will not imagine their lives without cryptocurrency

[filharvey]

Either those who make comments about bitcoin in the media really don't know about bitcoin or they just want to criticize bitcoin out of frustration since bitcoin has become the worst competitor to their financial firms.Some term it as a bubble while some other term it as a fraud while some say it as a pyramid scheme.Let them hang over their own opinions.we should do our personal analysis and decide what to do about whether to benefit from this magnificent technology or just to miss the train.

[Dudeperfect]

To be honest, I do believe that Bitcoin is still new and not everyone is aware of this technology and when it comes to the world's perception, it keeps changing every second. There is a huge number of scammers who are using Bitcoin to scam people (usually those who never heard about Bitcoin and they have absolutely no idea of how it works), we can deny the fact that people blame Bitcoin for such scams and thus it creates a negative atmosphere about Bitcoin around those victims. However, I believe that over the time with an increase in the awareness about Bitcoin and this technology, we won't face such issue. Just take an example of the email jackpot scam, now almost everyone is aware of it and the same thing is going to happen with Bitcoin in the coming years.

[rosepetals]

So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

The negativity about bitcoin are those people who want to have instant money scammers and hackers were everywhere so everyone must stay alert to be more responsible on their investments,take a lot of care on adresses where you store your bitcoins.Even in this forum there were also scammers giving task to open and sign in on the link that they provide and promise to pay BTC or $ but after following every instruction that they gave looking at their profile it was offline for several days,checking on accounts or adresses no one ever deposits,so thats taking advantage on others who wanted to earn so we must keep an eye to that.

[Ctn]

I think the problem lye in the bitcoin legality from country to country and within the different financial institute. Some of them agree to the bitcoin as it is while some of them are not getting it what it is exactly and how to call it currency/asset and much more.


The thing is most of the community is not accepting to bitcoin yet because they see it as rival into their house of card and it could be disaster in the future times. So its better to start trading it in that way and try to create a negativity around it.

[xYakult]

So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

The main source of this negativity is that people want to be "in" with bitcoin that they just want to jump right in without any knowledge about it. But they do know that they will be earning big. So they blindedly go with it just because of  "everybody is doing it" mindset without fully understanding what they're getting themselves into. So if they lose even small amount of money, they will already think that they have been scammed.

[Koadharber]

So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

The main source of this negativity is that people want to be "in" with bitcoin that they just want to jump right in without any knowledge about it. But they do know that they will be earning big. So they blindedly go with it just because of  "everybody is doing it" mindset without fully understanding what they're getting themselves into. So if they lose even small amount of money, they will already think that they have been scammed.

Those is always been part on which there are people who do really act as cry babies when they lose up money because it did break their expectations to make big money on bitcoin which they would make their false claims that it is a scam on which those people who havent heard about bitcoin and hear off those false informations would really cause a negative impact on bitcoins adoption.This negativity would really remain specially some of media do make false advertisement about bitcoin because government told them so.

[Theb]

Not to make your statement wrong or something. But what common news I see about interviews with CEOs and Financial Analyst is that they always give a fair comment about Bitcoin and how they are rather be on the safe side and state the reason why they are staying away with Bitcoin. We don't need to be pissed about them as they have their own comments about Bitcoin and cryptocurrencies. Words like "Bitcoin is a Bubble" or "It does not have any fair market value" are true statements made by a real financial expert.

[Lancusters]

So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.

The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.

I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........

The main source of this negativity is that people want to be "in" with bitcoin that they just want to jump right in without any knowledge about it. But they do know that they will be earning big. So they blindedly go with it just because of  "everybody is doing it" mindset without fully understanding what they're getting themselves into. So if they lose even small amount of money, they will already think that they have been scammed.

Those is always been part on which there are people who do really act as cry babies when they lose up money because it did break their expectations to make big money on bitcoin which they would make their false claims that it is a scam on which those people who havent heard about bitcoin and hear off those false informations would really cause a negative impact on bitcoins adoption.This negativity would really remain specially some of media do make false advertisement about bitcoin because government told them so.

It seems to me that the government have nothing to do with. They are just pawns. The world is ruled by money. There is a well established banking system which has an effect on every person. Any President is no exception because he needs money. Government car bulky and not agile. It seems to me that bankers are the main cause of the proliferation of fakes on bitcoin. They feel their lack of competitiveness compared to bitcoin and therefore will do everything to destroy it.

[PrinceCaspian]

Negativity around bitcoin is just normal because if there is no negativity then there will be no volatility for the price of bitcoin because those negativities are the reason why the price of bitcoin is moving upside down and that is why i love negativities that is around bitcoin because i can make money with it.

[Gotomoon]

Negativity around bitcoin is just normal because if there is no negativity then there will be no volatility for the price of bitcoin because those negativities are the reason why the price of bitcoin is moving upside down and that is why i love negativities that is around bitcoin because i can make money with it.

You have a point there, when we know bitcoin from the start the fluctuation is there yes the negativity is normal. We should accept the fact, the negativity issues lift up to bitcoin to continues its increasing of price.

[50ouncebrew]

What negativity are you talking about?

I think a lot of people are wondering why fees are so high and if they will ever be reduced and how long that that will take. This is a legitimate concern because people are choosing to use other coins instead of Bitcoin as it is becoming way too expensive to send small transactions compared to altcoins which can often be sent for free therefore if there is any negativity, it is probably for this reason.

[Biggapp]

For me, there's no negative sides or bad sign inside bitcoin. It comes to a good way wherein all people are very excited and well productive in the sense that it is about money, so they need to be responsible and become aggressive in anything that may happen.

Yeah you are right the bitcoin does not have any negative or the bad side because the bitcoin is being support by a lot of the people it is the need of the day that the bitcoin will help the people now, almost all the people are now having the bitcoin and it is the reason why I am investing, for me the bitcoin is not having any bad side because now it is the new age and the bitcoin is the high currency.

[bitcad4u]

For me, there's no negative sides or bad sign inside bitcoin. It comes to a good way wherein all people are very excited and well productive in the sense that it is about money, so they need to be responsible and become aggressive in anything that may happen.

Yeah you are right the bitcoin does not have any negative or the bad side because the bitcoin is being support by a lot of the people it is the need of the day that the bitcoin will help the people now, almost all the people are now having the bitcoin and it is the reason why I am investing, for me the bitcoin is not having any bad side because now it is the new age and the bitcoin is the high currency.

The bitcoin having no negative point because so many people like the bitcoin so there is positive point is there so this need responsible and became anything can happen in this , mostly all of people having bitcoin because who have invested in this so I'm having good thought about this so i investing in this and rate also very high so profit also very high .

[Altas]

Negativity around bitcoin is just normal because if there is no negativity then there will be no volatility for the price of bitcoin because those negativities are the reason why the price of bitcoin is moving upside down and that is why i love negativities that is around bitcoin because i can make money with it.

Volatility is based on the market and at times sudden volatility happens due to the negative statements getting revealed from core people who has the potential to manipulate. Other than this, most of the users could gave known bitcoin as something full of negativity. Only on experimenting understood all the good associated with it. Negativity is common and that doesn't gonna make a big change until the user base have trust.

[bakunawaaa]

The SEC has allowed it. In the Chicago Mercantile Exchange from what I heard has allowed the trading of btc futures. But not sure if they allow the purchase of stocks for btc. Probably a long shot. For now most likely european countries or Japan would be the first to allow that. The negativity though comes more from the fact that it is just too complicated for them to understand. They do not understand how it can have an entire market of its own and how the price suddenly shot up. See what these people are always wary of are what you call bubbles. That is when something keep on growing at a fast pace only to burst along the way. They fail to understand though that there is a community that supports this and it really is just a necessary means of exchange now in our world because a huge part of the world's population wants their activities private even from the government. Why bring this up? Because I think the people who gave btc such value are mostly people trying to launder money or operate in a way that the government does not like. Just an opinion, and that is also why a lot of negativity is surrounding btc.