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Author Topic: Why are so many people against bitcoin?  (Read 19290 times)
paynercash
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February 23, 2018, 04:23:55 PM
 #2001

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?

People oppose Bitcoin for a variety of reasons, but I think Bitcoin is not only an excellent place to invest but has a lot of future. In my country, there are many Bitcoin supporters but the government bans and does not give Everyone is active in Bitcoin because the government does not want the losses that Bitcoin brings

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February 26, 2018, 03:08:55 AM
 #2002

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?


Whose guys who are opposing cryptocurrencies just don’t know clearly what is cryptocurrency at all. They are just illiterate. Don’t pay attention on them. Crypto will conquer the world step by step.
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February 26, 2018, 04:23:56 AM
 #2003

The current bitcoin market is extremely volatile. If Bitcoin is being discussed in the news, its price can vary from hundreds of dollars for a few hours. Fear, uncertainty, and doubt all too often pop up in the miners community. If they have at least a hint that bitcoin may become illegal, that they will be able to hack, infect with a virus or something damaging the system, the price will drop dramatically, because people in panic will want to sell them as much as possible
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February 26, 2018, 07:25:37 AM
 #2004

Bitcoin fever in the world is causing a lot of people worry, even fear.Value is constantly changing, causing too much fraud, not high liquidity ... One of the reasons people are afraid of BTC
BTCBTCBTC
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February 26, 2018, 08:45:01 AM
 #2005

That is, whether bitcoin is not permitted by other countries or how or they are afraid to get money with the wrong hands because bitcoin while working with a successful project will generate a lot of money.
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February 26, 2018, 09:11:19 AM
 #2006

well it's a currency in the net world, so they think of it as a money in the air, one more thing is that bitcoin  is very useful to criminals due to its secured  anonymous transaction
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February 26, 2018, 09:15:16 AM
 #2007

I think people against bitcoin is those who are in the business that affect by the transaction using bitcoin, or some maybe those who don't believe the idea of using bitcoin as their currency. Those people if they can see the advantage and the things that change their life from bitcoin will feel regret someday.
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February 26, 2018, 09:35:37 AM
 #2008

Not literary all of the people are against in bitcoin but the government that operates of their country are dont like bitcoin that why they banned bitcoin, because bitcoin dont have taxes. People are against in bitcoin because they do not believe that you can earn money through bitcoin that will change their life.
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February 26, 2018, 10:04:20 AM
 #2009

I do not really know why some countries are against bitcoin, that if you think that this is a great help to our poor, maybe no poor people in their country so they do not rely on bitcoin.
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February 26, 2018, 10:33:00 AM
 #2010

Easy. For most people, BTC IS a scam, in that it has no apparent advantage over fiat.

Let's look outside this whole Bitcoin bubble for a second. What purpose does BTC serve for 99% of the general population? It's very technical, accepted in few places, and a pain to buy. In my everyday life, I can buy almost anything I want with cash and a credit card. Why would I use this alternative currency just for the sake of using it? Some might argue that BTC is a hedge against inflation, but guess what else is a hedge against inflation? Every other type of investment option out there, and each with much much less risk than BTC.

So yeah, why would the general public bother to even understand BTC?
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February 26, 2018, 10:44:50 AM
 #2011

I think people against bitcoin is those who are in the business that affect by the transaction using bitcoin, or some maybe those who don't believe the idea of using bitcoin as their currency. Those people if they can see the advantage and the things that change their life from bitcoin will feel regret someday.

If someday bitcoin prices reach at least $ 1 million then they will be forced to use because the effect of bitcoin is too strong and nothing can stop, before that happens then we are lucky to have known and have bitcoin when the price is cheap.
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February 26, 2018, 10:51:21 AM
 #2012

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?


Maybe they do not knowbthe concept of bitcoins they do not know how the bitcoins really work and besides they government are nongaining on them that us why some of them are hating because they sre functioning even without taxes. And the factvthat other people are getting scammed the mindset nownofnthe other people are bitcoins are just a scam so they are now hating even if they do not really now hot it works.
AmericanBit
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February 26, 2018, 10:53:12 AM
 #2013

I think they do not understand all these bitcoin staff.
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February 26, 2018, 10:56:53 AM
 #2014

lately many heard in some countries about the government that started banning bitcoin, I think the reason they are one of them is tax, and they also try to avoid money laundering in the country.
but I do not think the bitcoin enthusiasts will ever decrease even if the state forbids it.
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February 26, 2018, 11:34:39 AM
 #2015

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?

Those who are against bitcoin are those who don't experience and appreciates the benefits of it. They had a wrong thought about bitcoin.
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February 26, 2018, 11:36:44 AM
 #2016

Easy way to make money!
The whole world is easily making money by buying or selling or investing.
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February 26, 2018, 11:46:54 AM
 #2017

Many people that didnt know all about bitcoin will not answer there question. They spread bitcoin is a scam but why they say that? Many people who refer there friends it will invest and the leader will only become rich and the people who refered it forget by the referer. But they dont know that it can make a profit without any investment. If you invest you will responsible to take a risk.

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February 26, 2018, 11:48:46 AM
 #2018

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?

Probably, those people who seems to disagree with the promises of bitcoin are not properly informed about the real thing about this technology. They maybe reading negative speculations and bad reviews which are actually baseless and just coming from detractors who perhaps have hidden agenda for their own benefits. If only they could experience the real advantage of bitcoin, probably, they would change their mind quickly.



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Rainbot
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February 26, 2018, 11:50:24 AM
 #2019

Many people that didnt know all about bitcoin will not answer there question. They spread bitcoin is a scam but why they say that? Many people who refer there friends it will invest and the leader will only become rich and the people who refered it forget by the referer. But they dont know that it can make a profit without any investment. If you invest you will responsible to take a risk.

Lack of knowledge about cryptocurrency will make people think that it is a scam plus some of the companies are creating a black propaganda in order to decrease the investors of cryptocurrency and that is called crab mentality, if everyone will just promote and allow bitcoins then we will all live a wealthy life.
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February 26, 2018, 12:18:13 PM
 #2020

well , i think they have not much knowledge about cryptocurrency or they may not have the correct knowledge about bitcoin. and i think some time they   
get negative thinking from different media .
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