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Author Topic: do you know people that afraid from bitcoin and virtual currencies? share it  (Read 514 times)
jonathan6655321
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October 12, 2017, 11:14:52 PM
 #1

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

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October 12, 2017, 11:16:44 PM
 #2

Weirdly enough, I do have some friends and family that are scared of Bitcoin and other types of 'online currencies' as they like to call it. Though I must say, a disproproionate number of these people are older and they're people who are scared of all newer technology in general. These people think that all of their money could be hacked or stolen on the network and isn't as trustworthy as the banks.

I can only facepalm. It's kinda sad what these people have been turned into. Hopefully it isn't too late and these people can be saved.

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October 12, 2017, 11:37:31 PM
 #3

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

I have a friend before that I'm sharing the good things about bitcoin and crypto things but you know what? He keeps on telling me that it is a scam and even those web wallets are scam. I don't get it that by just someone that told him be careful about those things, he thinks immediately that bitcoin is a scam and even the local exchange here is a scam though it is a legit one and has been registered to the central bank. Guess what? He's now a very boastful miner and number 1 fanatic - defender of bitcoin.  Grin

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October 12, 2017, 11:38:53 PM
 #4

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

Yes, some of my friends and relatives are afraid because bitcoin is not "physical". They are afraid that I'm calling bitcoin as money but I can't touch it physically. While others have heard it and have a bad connotation because they see in the news that bitcoin was the mode of payment for the wanna cry hackers. So bitcoin for them was used illegally. Really hard to argue with folks that are already closed minded regarding what bitcoin can bring in their life.

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October 12, 2017, 11:52:19 PM
 #5

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

I have a friend before that I'm sharing the good things about bitcoin and crypto things but you know what? He keeps on telling me that it is a scam and even those web wallets are scam. I don't get it that by just someone that told him be careful about those things, he thinks immediately that bitcoin is a scam and even the local exchange here is a scam though it is a legit one and has been registered to the central bank. Guess what? He's now a very boastful miner and number 1 fanatic - defender of bitcoin.  Grin

About two weeks ago, I have a good chat with my lady friend who I share bitcoin way back. We are no longer officemates but I now that she remembers about bitcoin. I said to her that I rediscovered it and now I'm into bitcoin by trading and investing. Unfortunately, she is still skeptics about bitcoin up until know and thinks that its some kind of ponzi and scam coins. Our argument went to go on. I wasn't convinced here though. But I give here one of my wallet so that she can see it on blockchain and look how may investment grows.  Grin. I will go back to her next month and ask her if she is still doubting bitcoins. hahahaha.

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October 13, 2017, 12:23:24 AM
 #6

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

Yes, some of my friends and relatives are afraid because bitcoin is not "physical". They are afraid that I'm calling bitcoin as money but I can't touch it physically. While others have heard it and have a bad connotation because they see in the news that bitcoin was the mode of payment for the wanna cry hackers. So bitcoin for them was used illegally. Really hard to argue with folks that are already closed minded regarding what bitcoin can bring in their life.
Do not be forced, let them say about Bitcoin as per their knowledge. if it has explained to them, then our task has been completed. Interested or not they have different choices and views.
Bitcoin will be hard to accept for people who do not open up to technological advances. they will surely regret it.

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October 13, 2017, 12:59:57 AM
 #7

People around me, they're afraid of bitcoin because people tend to trust Banks more, prefer to have their money in the bank, rather than believe in their own wallets. The other reason is that the price of bitcoin has fluctuated so much that the price of bitcoin has fluctuated so much that they may not be able to accept it. And then there are people who have been convinced that bitcoin is a hoax, and I don't want to explain it to these people.

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October 13, 2017, 01:42:50 AM
 #8

Most of my relatives are scared about bitcoin.They don't even take enough time to simply term it as a scam.Either,they don't understand totally the concept of bitcoin or else,they just compare it with other online scams.They are not willing to trust in any thing which is created by individual parties other than government.

Some term it as pyramid scheme just like russian president putin while some others term it as  ponzi scheme like indian parliament member.But one thing is clear that they are only willing to trust the traditional way of currencies issued by governments.

Out of four of my friends to whom i told about bitcoin,only one has believed in my words and has even started to earn in bitcoins while the others did not show any interest.
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October 13, 2017, 01:58:02 AM
 #9

Afraid of bitcoin and virtual currencies in general? I don't know anyone personally who's like literally scared of it. Maybe banks.  Cheesy

Probably just like what most people said in this thread, older people, or more specifically, non-tech savvy people. They probably just couldn't grasp the technicalities on how a currency could exist without a company/organization controlling it. It honestly would be very difficult to explain to them how the transactions work, mining, the blockchain in general, all those stuff.

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October 13, 2017, 02:12:09 AM
 #10

Based on my experience. Many people hate crypto especially in Bitcoins. Because this money is already used in investments that is the real purpose is to steal our hard earned money. You really would love to offer thieves because the money will increase unlimited means you will earn money even without doing. Many people have stolen it and the only thing they say is that they will not invest in bitcoins


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October 13, 2017, 02:49:39 AM
 #11

Yes I know people that are afraid of Bitcoin. Even if I didn't though, there will always be someone, and trust me there are plenty skeptics out there right now.



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October 13, 2017, 02:55:58 AM
 #12

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.
Based on my experience there are a lot of people who criticized me of what I am doing here in this cryptocurrency world. They are my family, relatives and friends. My family and my relatives are the first to reacts the most about investing and using of Bitcoins. They told me that it is just a trap and they also told me to refrain from engaging such kind of scam. They said that I am just wasting my time and money on it. Second are my neighbors, I know that their eyes rolled  when I first introduced Bitcoin to them. They don't even ask me what it is and showed me that they are not interested on cryptocurrency. Third are my social media friends, majority of them don't care about Bitcoin and few of them got interested in. Most of them has doubts on crypto that's why they hardly make a distance from it. Some of them are lazy ones because if only they are going to do some research about an idea of crypto they might understand my point and purpose of sharing my ideas to them. But some of those people who ignores me before are now slowly adopting crypto. I know that ignoring someone who is willing to help educate and guide them would be their greatest regret in life because if they'd grab those opportunity right away it might change their fortune.

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October 13, 2017, 04:06:19 AM
 #13

That is clearly that the virtual currencies is much different with the realistic world. It could be more risky, but the same time I believe one day virtual currencies will be used in spread way.
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October 13, 2017, 04:31:07 AM
 #14

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

I had read topics outside bitcointalk that there are people who are afraid of investing in the virtual currency because they are afraid to be scammed or even hacked thats why they are afraid. They should atleast try the actual investing and holding the bitcoin for them to experience the good thing about it because if they will try they will go crazy on the profit they will earn but of course risk is always there.

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October 13, 2017, 05:44:15 AM
 #15

Yeah, it is a natural issue that everyone can't accept any newly invented platform. we always prefer what we have. Since the virtual currency is the newly added business system so that some of us are afraid of using this platform. but the scenario has been changed and people are getting engaged with this system.

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ipanks
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October 13, 2017, 05:44:28 AM
 #16

i think they are not afraid but they don't believe about what bitcoin can offers to them because we know that bitcoin is new technology and not all people know bitcoin. i have experience with my brother from my dad's side, i give him a little satoshi just want to share about bitcoin and from day by day, he watching tabtrader while he asked me why the price is up or down and others. i think the other people is like my brother which is not afraid with bitcoin but they don't learn anything with bitcoin so they can understand about what is the point with bitcoin that could help them to make money.

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October 13, 2017, 05:51:08 AM
 #17

I don't know any people who are afraid of Bitcoin but I will surely give the reasons why people don't believe in BTC.

1. Bitcoin's volatility is too much for people to believe in.
2. Anonymity of Bitcoin makes people think it's risky to invest in it.
3. Fear of loss is another reason why people don't consider investing in it.
4. Terrorism - BTC is used for making payments foe illegal things and this is most obvious reason why people are afraid of it.
5. Some people think Bitcoin is a bubble and will explode taking others with it.

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October 13, 2017, 07:22:37 AM
 #18

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy.

I have a friend before that I'm sharing the good things about bitcoin and crypto things but you know what? He keeps on telling me that it is a scam and even those web wallets are scam. I don't get it that by just someone that told him be careful about those things, he thinks immediately that bitcoin is a scam and even the local exchange here is a scam though it is a legit one and has been registered to the central bank. Guess what? He's now a very boastful miner and number 1 fanatic - defender of bitcoin.  Grin

About two weeks ago, I have a good chat with my lady friend who I share bitcoin way back. We are no longer officemates but I now that she remembers about bitcoin. I said to her that I rediscovered it and now I'm into bitcoin by trading and investing. Unfortunately, she is still skeptics about bitcoin up until know and thinks that its some kind of ponzi and scam coins. Our argument went to go on. I wasn't convinced here though. But I give here one of my wallet so that she can see it on blockchain and look how may investment grows.  Grin. I will go back to her next month and ask her if she is still doubting bitcoins. hahahaha.

With the increase of bitcoin just give her preev.com and let her check the price real time changing. Tell us some more about that lady friend of yours if she still thinks that bitcoin is a kind of ponzi and scam. I can't blame her for thinking like that as most of my friends are still the same thing about bitcoin but I just let them go and decide for themselves while I'm having some relax time while earning some good bitcoin enjoying it's increase.

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October 15, 2017, 09:43:38 AM
 #19

I've been here in 6 months in the cryptocurency world and some people in our country uses it as their part time job or a full time job. I'm a student who chooses this platform to be my part time job and since i'm earning enough to sustain my expenses such as transportation, projects and other expenses for a student. So i shared it to my friends and family i told them that last month the bitcoin price doubles up and reaches over 4000$ and their first reaction is that

Friends: They thought that i'm just fooling around and telling them that it reaches 4000$ and encouraging them to use bitcoin in order for me to have a referral. And also they thought that bitcoins is a scam or just a waste of time because there's no such thing as 1 bitcoin = 4000$ and of course they won't believe in me even though i explain it.

Family: Just like what i have told to my friends that i'm earning online and of course they don't believe and told me to stay away from that because they thought that bitcoin is illegal and just only use in a black market. Actually their first thought about bitcoin is that it's a money in illegal works.

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October 15, 2017, 09:58:40 AM
 #20

Yeah, it is a natural issue that everyone can't accept any newly invented platform. we always prefer what we have. Since the virtual currency is the newly added business system so that some of us are afraid of using this platform. but the scenario has been changed and people are getting engaged with this system.

In the past I was also afraid of the business on the internet, hahaha. But then I saw my friend at school who worked and earned some dollars. I am excited and convinced that there is a bright side of the internet, and I am aware that not everything on the internet is scam. I began to explore the various jobs that existed on the internet and began to collect some money. In fact I managed to pay my school bills from the internet. From there I started to know Bitcoin.  Grin

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