Why are so many people against bitcoin?

[Timeme]

Because they don't know bitcoin, most of the time they think it's a huge ponzi scheme, and the prices are fake at the moment, so they're missing out on a huge opportunity.

[Caraphernalia]

For me, the reason to this problem is that many people do not trust people that they don't see specially if there is a money involve. Even tho Bitcoin have a beneficial effects, people still consider some factors for to believe the beneficial that they can get if they try it. Making the bitcoin as a currency is still not yet wanted by so many people.

[drunkcoin]

Because bitcoin could be a bubble. Its price is supported only by demand. If owners will trade it all together the price will drop dramatically. Also there is a danger that bitcoin will reach once the maximum and then will drop to never go back.

[konfuci]

There are two types of people are against to Bitcoin:

1) People who lost their money BTC or any other cryptocurrencies.

2) people who are not being educated enough.

otherwise, Bitcoin has very promising future.

[aamir_desire]

They might think it's a scam, they don't trust it yet. I just had a discussion with a friend last evening about it and he thinks it will collapse soon and everyone will loose their money because it's just a financial game planed by big wheals .   

[keyzersoze]

Everyone fears what they Don’t understand. It’s natural.
Especially if you perceive it as a threat to your status quo.
Most people aren’t willing to put in the effort of DYOR.
So they end up fearful and ignorant instead.

[lucas.zimmer]

Because they don't know what is bitcoin.if they know about bitcoin then they don't go to against bitcoin.when they understand what is bitcoin then they love bitcoin.

Because people don't want to embrace new things or don't temd to search the truth they just lestening to social media or they don't want to embrace changes and because also some organization will make some propaganda againts it because it will affect their businesess.because  Bitcoin is Peer to peer transaction that there is third party involve .but once people know how bitcoin work as a curreny for sure people will not go againts it.

That's right! Most of the people is not really open to new things. They can be considered as conservative people when it comes to financial matters. Unfortunately education system is programming us in that way.

[pratik.korde]

I think people thinks its a scam. that's why they don't trust, some people don't have enough knowledge about it. most of the people don't trust on digital currencies. and another reason for against bitcoin is i think is the government and the banks because bitcoins price not stable. because of the negative comments on bitcoin that's why people lost their trust on bitcoin....

[wall101]

many people who break the bitcoin because they need it to share it and they want it as well because it's time to make it happen that they lose it and they get the money here because the bitcoin only has the highest price at all altcoins so they like it and more ways to use bitcoin so gustonh they like it rather than other altcoins but to convince no matter what happen bitcoin I will still choose.

[Ismat Morshed]

Because they didn't know what is cryptocurrency.They are afraid to invest their money.They lack the knowledge to understand.Also there is no acceptance officially by majority of the countries.

[Dmitry.Vastov]

Bitcoin is a good advance thing but it has also a bad side, because of this many people stand against it. Many people against bitcoin because many country government declared bitcoin is illegal. Bitcoin price is highly volatile so their is always a risk to the investor to loss their money and turned against it. Bitcoin is directly or indirectly support many criminal activities, so this could be another reason. Bitcoin is fully digitalise and its information stored in hard drive if those drive are crash or virus corrupt the data then their is no backup, so this is the another reason why people loss their trust on bitcoin and turn against it.

[yummy23]

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?

They don't understand about the right stats.you have to differentiate between white & Black

[avadonne]

They are against maybe because they feel threaten. They are against maybe because they have hidden purpose for their own interest and advantage. I think most of the people who are against, are really not against. They are against because they want to spread fears and false rumors so that people will withdraw their holdings so that they can get it easily.

[dboy3225]

Most people are against bitcoin because they are Bitcoin, Bitcoin's work, Bitcoin's advantage is that they are unaware of it. Again, due to bitcoin's legality, people of that country are not aware of bitcoin, so they are bitten by bitcoin.

[MetalGear]

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 think one of the reason why they against in bitcoin is they think that it is scam or illegal even though it not a scam and it is legal in some country. On the other hand, I think some people do not know how to used it and they do not know how it will work and I think is also reason why they against in bitcoin.

[OrangeII]

I guess that's because they might get a loss in the presence of bitcoin. as we know, so many advantages possessed by bitcoin, it's possible that the gain becomes their loss so they resist bitcoin.

[newb-dev]

Because it is new and scary. Most financial sharks will deny it's reliability for a good investment because they don't want people investing in Bitcoin since that means transactions can't be controlled by banks

[salsim5774]

Because it's so different to normal money. And most of the people don't like changes.

[stoque09]

people is always against things which they don't know.But the most concern, in my opinion, is the fight from usual financial system with technology around BTC and others Cryptos. And
that will affect the price all of one.

[The Alchemlst]

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?

It will always stay like that whenever something is gaining popularity, the more people gets focused on that subject then it will either make them love it more or become more skeptical. People who go against bitcoins are those who doesn't really understand it and maybe get involved in scams related to bitcoin which bitcoin itself is not to blame in to.