imapessimist
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January 18, 2018, 04:27:15 PM |
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Because lots of people need to pile in with their money. So other people can take the profits. If they don't then there won't be profits.
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pratik009
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January 18, 2018, 04:29:03 PM
Last edit: January 18, 2018, 05:04:52 PM by pratik009 |
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Yes many of people against the bitcoin but they all are perfectly don't know about btc.As nowdays btc price increasing too much and many of people earn huge profits from the btc but the people who didn't invest into btc they became against the btc.
And bitcoin is new generation cryptocurrency.so all young people belive in it and also investin it but all old people can't trust on the btc and they told that btc is non trustable and other blah blah. that type of people against the btc.
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cryptojoe
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January 18, 2018, 04:29:44 PM |
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Main principle of discipline and learn to wait is the great attitude that should everyone to learn.
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Sowik
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January 18, 2018, 05:16:57 PM |
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Because of price drops like this  People like their old usual ways of investing, not like Bitcoin where you see huge gains in short time frame. |
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Ackerlei
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January 18, 2018, 05:22:05 PM |
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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. Vivek Belgavi, Partner and Fintech Leader, PwC says, “There isn’t enough of an ecosystem surrounding bitcoins to allow fundamental analysts to study it as an investment. People are therefore investing with imperfect information and joining the herd of speculators.”
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Keanen
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January 18, 2018, 05:24:19 PM |
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The lack of clarity about its origin is another big issue related to bitcoin. In olden days, highly priced metals like gold, silver, etc. were used as currencies. Then came currencies printed by governments (or central banks) and these are called ‘fiat currencies’. Though its proponents claim that cryptocurrency is ‘mined’ using complex mathematical formulae, they are reluctant to call it a commodity. They also claim that it is not controlled by any government and so, it is ‘democratic’.
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Xiloscient
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January 18, 2018, 05:30:22 PM |
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The problem is apparent: If global bankers don’t understand the phenomenon, retail investors might not have much of a chance either. So what should you do? Follow the simple yet profound wisdom of Warren Buffett—if you don’t understand it, don’t invest in it.
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cryptojoe
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January 18, 2018, 05:30:59 PM |
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Many people have very bad experience with different financial pyramids.
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Siannodel
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January 18, 2018, 05:33:28 PM |
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Unlike other investment avenues, cryptocurrencies are not regulated by government entities or banks. “There is no authority like Sebi that you can approach for grievance redressal,” says Vikram Pandya, Director, Fintech, S.P. Jain School of Global Management. Sharma concurs, “If we buy something with a credit card and get ripped off, we can call the bank and ask to be compensated. But if we get ripped off in a bitcoin transaction, it is impossible to get the money back.” this cases is maybe..
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ThePresident
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January 18, 2018, 05:39:21 PM |
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Because they still dont know what our culture here in bitcoin world.. And also because of other guys scamming by means of bitcoin so others are against this.
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Nimphelos
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January 18, 2018, 05:39:49 PM |
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Due to the lack of government control, terrorists and extortionists are also utilising the cryptocurrency space to their advantage. “Bitcoins users on either end of a transaction can remain relatively anonymous and cybercriminals have found ways to mask their addresses, so it can be difficult for government authorities and companies to trace such illegal activities,” says Reshmi Khurana MD and Head of South Asia, Krollsays, a cyber security and risk consultation firm.
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lampukoe lumo
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January 18, 2018, 05:45:58 PM |
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A lot of people who are against bitcoin because they think bitcoin is a gambling or so forth ,but they were wrong with crypto, and a lot of the wrong people using Bitcoin so many people are against bitcoin,and most people who are against bitcoin don't know anything about bitcoin.
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cryptojoe
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January 18, 2018, 05:47:24 PM |
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A lot of people who are against bitcoin because they think bitcoin is a gambling or so forth ,but they were wrong with crypto, and a lot of the wrong people using Bitcoin so many people are against bitcoin,and most people who are against bitcoin don't know anything about bitcoin.
Yes, they think bitcoin is a scam. |
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playboy654
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January 18, 2018, 05:54:50 PM |
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Main principle of discipline and learn to wait is the great attitude that should everyone to learn.
Bitcoin is one of the new way to earn easily but some people are opposing bitcoin because they don't likes this types of easy earnings and they don't know about the good features of bitcoin so they are opposing bitcoin . |
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cryptojoe
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January 18, 2018, 05:57:56 PM |
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I think they don’t know well about bitcoin, or they aren’t able to earn bitcoin.
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Chupu69
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January 18, 2018, 06:00:06 PM |
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Everyone has different opinions and opinions about Bitcoin, for people who do not like Bitcoin they may think of Bitcoin as an internet game and gambling.
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chikading2016
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January 18, 2018, 06:42:34 PM |
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Main principle of discipline and learn to wait is the great attitude that should everyone to learn.
Bitcoin is one of the new way to earn easily but some people are opposing bitcoin because they don't likes this types of easy earnings and they don't know about the good features of bitcoin so they are opposing bitcoin . Your right many people don't believe in bitcoin because bitcoin is a scam they must practically that life needs more money to earn. So bitcoin helping to achieve that thing. But many many of them just don't believe with it. Or maybe they cannot accept that bitcoin can make more money in just a few months. |
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copoyes
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January 18, 2018, 09:29:30 PM |
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I also still wonder the personal experience of my friends are still many friends who forbid me to recognize bitcoin for various reasons,
which I think when they say so
they are afraid to get ahead or get to know something new
so there is always a negative judgment
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January 18, 2018, 09:41:20 PM |
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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?
Yes, many people are still against bitcoin or should I say that they didnt believe in the power of Bitcoin. Because in here we are talkimg about "our own money" which means they are looking for the strong security system that will protect their own money. Risk taking their money is not an easy way, and we know that, but in business world you have to take a risk in order to you to learn and earn. |
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nhoj25
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January 18, 2018, 09:54:04 PM |
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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 its more on lack of knowledged about Bitcoin. also, they are afraid to loss their money/investments. We are all aware that investing in Bitcoin is a risk yet profitable |
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