Why are so many people against bitcoin?

[Noctis Connor]

Exactly! Those people are afraid or we can say that they thought bitcoin is just a scam or waste of money. They dont have experience yet or knowledge of how bitcoin travel and works.

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[peterpeterpeter]

Some people thought it was illegal.
But most of them are jealous people and they want to drop our community.
They dont like to see their countrymen to be success in life.

[Marucya]

Many people really do not know what bitcoin is. Wrong understanding or lack of understanding of what bitcoin is and what happens to it can lead to really terrible consequences. An example of such consequences is the bitoccoat volatility that we are seeing now. People can have the most general idea that bitcoin is such a crypto currency, but do not understand the general picture of how its appearance influences monetary theory, as well as the ways of storing data or Money transfers.

[patispace]

I think many people have been carried away by the bad publicity bitcoin has received over the years, without being really interested in learning more about what this technology really implies. Therefore in these days when things have not gone well for bitcoin, many are taking it as an argument to justify that they were always right to distrust bitcoin.

[MaskOffFuture]

Many people really do not know what bitcoin is. Wrong understanding or lack of understanding of what bitcoin is and what happens to it can lead to really terrible consequences. An example of such consequences is the bitoccoat volatility that we are seeing now. People can have the most general idea that bitcoin is such a crypto currency, but do not understand the general picture of how its appearance influences monetary theory, as well as the ways of storing data or Money transfers.

They hear bitcoin word from their friends or from social media and then they come in to the market. If they make loss in trading, they start bitcoin in different ways including being a scam.

[PrasannaPR]

Because Bitcoin look like a bubble, but anyway it will go up to 40000$ in to my opinion. Why should anyone don't buy a bitcoin If he has money then.

[idgaf007]

People are afraid of what they can not understand. They feel scared for a massive change from the daily routine.I think that is one reason why they are against bitcoin. And the other reason is about using it against illegal activities.

[Ori Mid]

Beacuse they know it is illegal and scam thats why people againts bitcoin.

[Spades77]

Because they don't understand it and they are just jealous of the fact that people actually make money out of it. It's a common human trait.

[Dilladupak]

In my opinion, bitcoin is good, for the future for everyone because for me bitcoin is very easy, to get pretty good results, because bitcoin prices next year tend to be higher than before, so we will get more profit, in the long run.

[Millard Fillmore]

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them

this explanation must be from hell, dude  just kidding. actually I saw so many ppl pretending against this though they r doing the opposite. but still wondering if btc is that magic 

[clubchain]

Because many people still do not understand bitcoin, many people even think bitcoin is a gamble that they are afraid to invest in bitcoin, but those who really invest in bitcoin know that bitcoin has appreciated rapidly in recent years.

[buinchain]

Many people think bitcoin is a scam and they think this kind of meaningless virtual currency has such a high price, so they think it is a scam.
But precisely because they do not understand bitcoin and do not understand its technology, simply think Bitcoin is just a useless thing, but they are wrong. Time will give them answers.

[swordling143]

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 some people do not fully understand the whole idea of bitcoin. It is natural for people to fear or reject what they don't fully understand. I bet they haven't tried or experienced any bitcoin or other cryptocurrency activity at all, that's why it's easy for them to say "No" to bitcoin and altcoins as well.

[gcckpxm62308]

They hate bitcoin for fear of losing money and afraid of its inflation of price in bitcoin. So，they are risk evaders.

[halenephthys]

Bitcoin have many advantages as well as disadvantages. People might be scared to embrace this kind of development and afraid to face the disadvantages it bring. People who are not fully informed about this may think ill of it and reject this.

[William1978]

That's why some cryptocurrencies have features of AntiMoneyLaundering and KYC because the government wants to avoid that.Many people who do not understand how it survived amidst criticism will feel threatened around it

[hacking13]

Most times anything that has to do with online means of currency exchange scares people so as not to fall victims of online scammers and the likes.

But have come to the realization that most times, People hate,(or in this case, Scared of) what they don't understand

[w33man]

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?

The thing is people usually don't like bitcoin because they are initially afraid of change and innovation. They think that with the change that is bound to happen, which is in this case is the adaptation of the cryptocurrencies in our system, makes them doubt and afraid. We need to give them time to adjust.

[tonyvo2017]

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them

I am also of the opinion that some people oppose bitcoin because they pretend. But in my country, the main reason they hate and avoid bitcoins is because they do not believe in high wages and they are always jealous of those who make money from this market. Many people want to make a lot of money but they are very lazy. They feel that the problems of computer technology are very troublesome and they do not want to learn.