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Author Topic: Why are so many people against bitcoin?  (Read 18437 times)
teejayrichard2
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December 18, 2017, 09:56:11 PM
 #1261

Many people are against bitcoin because they don't fully understand how it works and its potential. Some especially the government kick against it because they have seen how difficult it is to control it and anything government can't control that kick against it. Some people need to be educated for them to fully understand bitcoin before they accept it. I believe with time people will get to accept bitcoin and stop being against bitcoin.

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December 18, 2017, 10:00:11 PM
 #1262

Hello! Yes some new things scary people and some of them think that this is bubble and have no any trust! Another thing they have credit card or cash why they need learn something? I lot of my friends says: I don't care! I have money (traditional money) and I don't care about your cryptocurrency! Traditions, mentality and etc

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December 19, 2017, 05:27:45 AM
 #1263

Maybe because bitcoin is not quite known in their country and there is a user but not many.And Not Recognized By Governments.The general public doesn’t understand bitcoin, and many regulators still don’t either, which makes it tough to regulate.I think another reason is they not yet try to use bitcoin to invest so that they didn't know the advantages of using it.

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December 19, 2017, 05:53:21 AM
 #1264

bitcoin is the currency system which minimize the taxes and duties on the other currencies like paper money and the countries have imposed many taxes on the transfer of funds and other transaction. there are so many people are against of it and they don't want to use it. the other reason is the altcoin users may not in the favor of bitcoin any more. so they will not allow people to use bitcoin instead of altcoin in the future.

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December 19, 2017, 06:10:00 AM
 #1265

Why are so many people against bitcoin?  Mos of people all over the world... are against bitcoin...most of them are really don't know what is the used of bitcoins....or what is bitcoiin....not all of them are know what is truly the used of bitcoins....
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December 19, 2017, 06:29:40 AM
 #1266

I think it's natural on the in thing there must be two sides that can not be separated from each other, the pros and cons, so also in bitcoin there must be parties who do not like bitcoin for some reason they do not like but for sure as long as the person does not harm the owners of bitcoin is legitimate just happen.

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December 19, 2017, 07:30:40 AM
 #1267

bacause they are not interested in bitcoin thats why they are against on it. they aways thinking that btc is a scam and they dont even try it because they afraid of losing thier money.

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December 19, 2017, 07:43:39 AM
 #1268

Most people that are against bitcoin simply do not understand it or have no idea how to jump into it. Others also are huge investors but do not want it to be known so they just act like they are against it. But i think it would be easier if people did more research to realize how great bitcoin is
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December 19, 2017, 07:48:41 AM
 #1269

People are againts btc because they think negatively.because nowadays it is not easy to find money and in the end of the day they invested it in btc and in return they are scammed.that is their set of mind.
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December 19, 2017, 07:53:27 AM
 #1270

Internet, too, no one perceived as a means of information exchange and was afraid to use it, but after 30 years we can not imagine life without it, the same is waiting for crypto currency!

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December 19, 2017, 08:00:49 AM
 #1271

First of all bitcoin has many negativities, people feel like using bitcoin is not safe, too much freedom means people can do many things, things like scams, phishing, and more, hackers can easily break through, this is why we need to be extra vigilant, aside from people who has not experienced getting scammed yet be extra careful especially if you are holding holding a large amount of bitcoin.
colonel_koval
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December 19, 2017, 08:05:51 AM
 #1272

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?


If you are talking about bank institution then thay are against bitcoin for obvoius reasons: they don't understand it, although it is changing, and they feel it is stealing their marketshare. The governments are not so much against bitcoin as against bitcoin being not taxed Smiley

Zebra.Guy
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December 19, 2017, 08:09:04 AM
 #1273

people are not so much against bitcoin per se, they are against the current situation in bitcoin ecosystem. Read the posts and threads, half of them is about complaining  and helplessness that people feel when they are trying to do the transaction and it is stuck somewhere in limbo. They are not against bitcoin. They are against what it has become and why the devs don't solve it.
Estrath
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December 19, 2017, 08:26:10 AM
 #1274

Many people have very bad experience with different financial pyramids, which offers 100+% in a month. When they see a currency that progresses so fast, they immediatelly transfer. That's quite understandable.

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December 19, 2017, 10:00:48 AM
 #1275

Those people are not open minded for the new generation of currency. And they didn't know what investment is.
most of those against BTC are either ignorant or want to buy low,they missed the train and try create FU D so as to bring price. down and aquire more.
BitCoin  and block chain technology is the new bubble that's gonna stay for a long while.

In my connection environment I don’t know anyone who is against Bitcoin. Some people just think that this is some kind of illusion but they don’t really know anything about specific of blockchain technology.

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December 19, 2017, 10:06:52 AM
 #1276

I guess the reason is that bitcoin and other cryptocurrencies are less explored and therefore almost unpredictable whereas usual currencies such as USD or EUR are commonly and widely used, everyone understands how it works and where to find it.
Neddie1908
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December 19, 2017, 10:08:38 AM
 #1277

I guess that they don't know what bitcoin is and don't undestand the mechanics of bitcoin or they don't trust bitcoin, because many of my friends that does not have bitcoin, often does not agree with me having one

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December 19, 2017, 10:14:06 AM
 #1278

Maybe they think that it's illegal and have no idea about bitcoin. That's way they are scared to invest or buy bitcoin.
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December 19, 2017, 10:31:55 AM
 #1279

Many people oppose bitcoins, because they didn't experience the joy of making money, and they saw no evidence of this. They are busy, they are against bitcoin, and this is not their specialization.
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December 19, 2017, 10:33:40 AM
 #1280

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?


I do not know why people fight bitcoin. All I know is they are people who are not in the crypto environment and can not feel what we feel. Either jealous or what? they should be given insight into crypto and bitcoin.

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