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Author Topic: Why are so many people against bitcoin?  (Read 19286 times)
ShadowBits
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January 03, 2018, 01:28:57 PM
 #1481

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?


Because there are so many also that does not know about it, and does not understand the way of the blockchain so somehow they are afraid of it and does not make any way to understand it.
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January 03, 2018, 02:15:19 PM
 #1482

I think those three points you stated are so true. Many people against bitcoin because they're somewhat not ready with this new inovation.
They also mostly, don't understand about bitcoin, crypto, or how it all works. They are caught in bad words like bitcoin is a deep web, dangerous, full of viruses, and others. They also think it's illegal because many crimes use bitcoin, and already marked it as something that should be banned, or not used at all
The majority of people against bitcoin are people who lack a very serious knowledge of bitcoin, they never look for information on the internet, they just hear the news and believe in the words of some people without knowledge of bitcoin. And some people are very stubborn, they never listen to the opinions of knowledgeable people, they still think bad about bitcoin then spread the bad news for bitcoin, they blindly in the fight against Bitcoin, in addition, some bad guys take advantage of these people to make people not believe in bitcoin, then many people panic sell, they will buy bitcoin at low prices

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January 03, 2018, 02:46:25 PM
 #1483

I do not think they fully understand about bitcoin, what is the bitcoin and its bitcoin.
if they know all that then I'm sure they will regret a landslide for having to fight bitcoin.
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January 03, 2018, 03:10:58 PM
 #1484

Many people are afraid of what Bitcoin — "it's just data." Digital currency is only a fragment of computer code. But that's all the money and are in the real world — just information! More specifically, the means for reliable transfer of information that someone gave something of value, but have not yet received anything valuable in return. And that other people have not forgotten about this, he keeps in his wallet "symbol" of the values with which he had to leave — "crisp bills".
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January 03, 2018, 03:47:18 PM
 #1485

I think  there are a lot of  persons who  got a lot of money  and opposite there  are a lot of   who lost money, I think the last  are  againts bitcoin
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January 03, 2018, 04:05:13 PM
 #1486

Investing in cryptocurrencies involves very high risk, as prices have been extremely volatile. Many experts are sceptical about bitcoin as an investment primarily because there is nothing for them to analyse.The lack of clarity about its origin is another big issue related to bitcoin.Some global bankers and experts have warned investors against investing in cryptocurrencies, because they are of the opinion that it is nothing but a bubble that is just about ready to burst.

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January 03, 2018, 04:07:33 PM
 #1487

I don't think many people are against bitcoin but they are ignorant and no knowledge regarding on what and how bitcoin is important now a days. Mostly of them are believing that bitcoin are scam by searching in google page. most of them are afraid that they might scam and cry at the end of the day but if they were going to learn and teach them as well maybe they will convince about what is bitcoin as of today.
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January 03, 2018, 04:11:13 PM
 #1488

mostly people like this have experience on getting scam by hyip so it will effect bitcoin asi it is top crypto right now
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January 03, 2018, 04:21:26 PM
 #1489

Because there's a lot of people that are afraid on scams. They are lack of idea of how big of opportunity awaits for them in bitcoins..
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January 03, 2018, 04:27:49 PM
 #1490

The fact is there are people act like they are against bitcoin and spreading fud (fear, uncertainty, doubt) becuase they want to dump bitcoin and buy at the low price. There some also spreading bad news because they think left over. Also there are some that doesnt have any idea what is bitcoin , banks are afraid of bitcoin .
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January 03, 2018, 04:28:42 PM
 #1491

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?


many things that could be the reason. such as the soaring prices of bitcoin moments, security borne by bitcoin users, to their jealousy over the success of bitcoin traders. In this case, the truth is they only see the negative side of the bitcoin regardless of the value and the positive side of the bitcoin. Or they just can not accept technological change at this time.

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Peter Tor
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January 03, 2018, 04:32:18 PM
 #1492

There is only one reason -- some people can't feel the wind of future, and history knows a lot of examples when these people thought wrong.
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January 03, 2018, 04:34:46 PM
 #1493

Many people against bitcoin because they don't know the potential and the important benefit of the bitcoin on their life they think bitcoin is scam or pyramid. Or maybe that afraid to invest their money. If they understand the decentralization of the bitcoin. I think they change they mind
There are times when they are just jealous of seeing many people can successful and rich from bitcoin without having to work hard all day, while they have to work hard to earn money, so they confuse the atmosphere by saying bad things about bitcoin.
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January 03, 2018, 04:42:52 PM
 #1494

because they don't know about online transactions and they are jealous of the very high price bitcoin themselves, and they don't know understand that work can be done with work online not just real work
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January 03, 2018, 04:46:04 PM
 #1495

Most of the peolpe who hate bitcoin are those who own a bank or those politicians. They hate bitcoin because they keep on thinking that it can down their economy and they dont have received any tax of it because it is a digital currency.
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January 03, 2018, 04:59:41 PM
 #1496

All traders are using banks account to handle their money transaction and there are lots of them you see are no against bitcoin
Scorpion
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January 03, 2018, 05:13:11 PM
 #1497

They don't fully understand what it is, and all of the arguments of why Bitcoin is 'bad' to them can be applied to fiat. Sometimes I've read from people who have no authority or background on finance say it's a bad investment but profit from the advertisement on their articles and websites.

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January 03, 2018, 05:30:14 PM
 #1498

Actually people are not against bitcoin only those who against bitcoin because of less knowledge about bitcoin . And also people those who invest more in bitcoin without knowlege and those who get loss from bitcoin they only will against bitcoin.

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January 03, 2018, 05:36:46 PM
 #1499

People who fight bitcoin, people who really do not understand what bitcoin or jealous look at the success of people who can have so many bitcoins, which keep people away because they can not afford it. Finally so hate it

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January 03, 2018, 05:45:31 PM
 #1500

There are a lot of reason why many people are against in bitcoin. first, the reputation. The first time I heard about bitcoin from the internet. they said this is the currency that needs to be used in order to access the deep web. and speaking about deep web, I never heard any good news about it. so that means, bitcoin is something that you should avoid. second, the scammers. There are a lot of scammers in bitcoin and I guarantee you that those people who are against bitcoin were a victim. they must have been scammed here in bitcoin. third, lack of knowledge. when all of your knowledge only comes from hearsays, you will never ever understand or know the truth. we can't do anything for these kinds of people until we show them proof, that bitcoin can help our economy and financial issue.

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