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Author Topic: do you know people that afraid from bitcoin and virtual currencies? share it  (Read 513 times)
Opquar
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October 15, 2017, 03:14:10 PM
 #21

There's really no reason to be afraid of Bitcoin or digital currencies. Nothing is inherently scary about them. The fear comes from losing money, because you have to spend some to get in the game. It's a risk, and not everyone likes risks.
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October 15, 2017, 03:22:55 PM
 #22

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.
I dont think so that people is afraid about virtual currencies. They only afraid because they dont know how to operate it how to trade it so i think that is the reason. But if they know about virtual currencies they will never be afraid to explore it.

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October 19, 2017, 08:07:03 AM
 #23

I do not know people who would be afraid of crypto currency and bitcoin, but I know people who do not understand it and consider it a fraud. The most interesting is that they have never been interested in it, they have not read the information. And when I talk to them on the subject of crypto currency, I manage to convince many that behind bitcoin is the future, that it is safe and gives an opportunity to earn money. Someone even invests with my help. And I'm very happy that I manage to change the world a little Smiley

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October 22, 2017, 02:50:00 PM
 #24

Yes, I know such people, mostly this is the older generation and simply avid skeptics. Some of them in principle believe that the Internet is evil Smiley
I'm not trying to convince them otherwise, but I'm just talking about bitkoin, his idea, his future and, most importantly, security. Some change their opinion in a positive way, and it pleases me.

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October 25, 2017, 10:00:03 AM
 #25

One of the main reasons is i guess is the lack of knowledge about it about it they fear that it's dangerous and illegal to use that's why they fear in using it these is also one of the reasons why my friends doesn't what the use it because they thought that it is illegal and they lack the knowledge on what potential it have as an asset or an investment. So most of them have no interest investing or using it cause they think it is just a ponzi scheme or scam just like what the social media have told.

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October 25, 2017, 10:06:05 AM
 #26

People are afraid because bitcoin is not provided with anything and therefore has no value. If bitcoin technology will collapse, bitcoin will become helpless. Bitcoins are used by many criminals. Bitcoin is not regulated, thats why its dangerous. Bitcoin is very unstable to be a currency.  Bitcoin can be hacked.
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October 25, 2017, 10:11:34 AM
 #27

People aren't afraid of bitcoin, they're afraid of losing money to bitcoin, and they're afraid of other people getting more money than them, thanks to bitcoin. It's that simple.
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October 25, 2017, 10:12:42 AM
 #28

I have so many friends that are very afraid of cryptocurrency, some go as far as believing that cryptocurrency is demonic and do not add value to humanity.

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October 25, 2017, 10:19:34 AM
 #29

I am into Bitcoin since 2013 and until today I cannot explain what is Bitcoins for most of my relatives and friends. When I start to talk about what bitcoin is, they just don't believe that we can make cash from a virtual currency and also that you can withdraw fiat currency from bitcoin. Even if I show them the money I made they just don't believe. I think it is a normal reaction because when some people read the news about bitcoin, most of it is of Scamming ponzi schemes and wall street people saying how bad is bitcoin and why it's a bubble. I don't care anymore because I gave the best of me trying to bring people to the cryptocurrency and make some profits with me.


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October 25, 2017, 10:29:40 AM
 #30

Politicians are afraid of bitcoin because it is decentralised, they cannot manipulate the system to their favour and enslaved other and many citizen can now live good life without asking governments or political office holders for help. The elites are afraid of bitcoin because they don't know how blockchain technology work and many unrecognized individuals get in before them, therefore they will always lebel bitcoin as fraud and scams. Those that has lose good money through pozin schemes see bitcoin as one of those system that cannot last and very soon run away with their investment.

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October 25, 2017, 11:29:31 AM
 #31

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.
I dont think so that people is afraid about virtual currencies. They only afraid because they dont know how to operate it how to trade it so i think that is the reason. But if they know about virtual currencies they will never be afraid to explore it.
most likely people who do not understand bitcoin assume that bitcoin digital currencies in most countries can not be legalized and many are abused to commit crimes, they are afraid of the high risk they can face if they can use this digital currency.

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October 25, 2017, 09:15:20 PM
 #32

yes, there are people who are still afraid of bitcoin and other cryptocurrencies, simply because they fail to understand what is bitcoin. there are even some long time investors, whom keep on saying to me that bitcoin is a scam, whenever I show them the chart, it seems that they cannot believe what hey are seeing, and just wanted the old ways of investing in the stock market. I think what those who fear bitcoin needs is just education on things about investments and what is block chain technology. one thing I also suspect why people are afraid of bitcoin is that they fear the risk of having bitcoins, since it is something new, they need to get use to it, aside from that the high volatility of bitcoin, they might get scared whenever there are FUDs and just withdraw. hopefully with all the things going around, from those countries that already accepted bitcoin, things will change from their perspective.

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October 25, 2017, 09:18:13 PM
 #33

I have a friend who is married to a cop and he is so anti Bitcoin he actually gets into bar fights over the topic.  It's crazy that he is a law enforcement agent and he acts like that and he is so low on the totem pole of intelligence.

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October 25, 2017, 09:19:49 PM
 #34

There's really no reason to be afraid of Bitcoin or digital currencies. Nothing is inherently scary about them. The fear comes from losing money, because you have to spend some to get in the game. It's a risk, and not everyone likes risks.
Yes actully every investment is a risk.
When we invest on something we need to have faith on it.
You cannot be scared after you invest ,actually the problem of salaried people is they just know that if they work only then thir money will grow.
What they miss is they donot understand that.Money can make money itself and some time its huge..:d
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October 25, 2017, 09:20:07 PM
 #35

I think a lot of people are are scared of Bitcoin I don't know anyone personally but I think most of the general public have a fear of it.
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