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Author Topic: Why are so many people against bitcoin?  (Read 18419 times)
mwsind
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November 12, 2017, 09:46:05 AM
 #381

Many people want to get quick profit from the bitcoin When he took, but he never wait watch bitcoin price and he/she want to sell quickly , This is reason for then he/she blame bitcoin. but they don't know many people earn from bitcoin. 
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November 12, 2017, 09:51:04 AM
 #382

bitcoin is so popular in cryptocurrency market, its value rises every year that makes more people want to own it, so when they can not afford it because it is too high, people will have no choice but accept using altcoins, moreover, bitcoin is not perfect, it also has weakness, the amount of bitcoin is too big that slow in transaction down, many exchanges takes charges on bitcoin too high, and unstable that make investors really have a bad time using it.

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November 12, 2017, 09:55:13 AM
 #383

There are 2 groups of people in this 'against' camp.

1. People who don't understand what BTC is and having missed the boat, feel the need to bash it.
2. People who understand exactly what it is, and are warning the world about the dangers involved in speculating on it in the open markets.

I am more worried about group 2 as it involves large institutions including governments and ultimately their power over our society will regulate this space and result in a price cap. These institutions and governments obviously have self interest to consider. Governments want control and BTC removes that controls to a certain extent.

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November 12, 2017, 09:55:31 AM
 #384

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?


Most of the politicians hate bitcoins because it might affect their business. Everyone is working on the corporate world and if they stop on their job and focus on bitcoins then this politicians will lost their income.
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November 12, 2017, 09:57:57 AM
 #385

some countries banned the btc.beacuse they have not enough knowledge and fear to loss pf taxes. Cool Cool
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November 12, 2017, 10:04:35 AM
 #386

Actually it depends on the perspective of a person and how it affects their business, Some of the politicians is affected because it may crash their business or government's that is might manipulating the money of people.
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November 12, 2017, 10:06:54 AM
 #387

Where did you get that statistic?whos that many?if theres even an issue is that 'THOSE PEOPLE THAT DONT UNDERSTAND BITCOIN OR NOT WILLING TO LEARN ABOUT BITCOIN' not that SO MANY PEOPLE IS AGAINST BIRCOIN,it was just an URBAN STORY ..

First question what is the reason of That 'MANY PEOPLE' to go against bitcoin?
Second question,considering that they have reason would it be matter for thier daily living?would it affect thier life?common mate dont just make story.this is not a TALE section be realistic  

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November 12, 2017, 10:08:31 AM
 #388

I think alot of people haven't taken the time to understand what it is. But, in the coming years more and more people will be introduced to it. Showed my dad a documentary of Bitcoin last night. He seems less against it now Tongue

I think they have no time to understand due to they dont interesting. They just know the bad side of bitcoin without care with the bigger good side of bitcoin. Their limited knowledge make they against bitcoin.
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November 12, 2017, 10:09:56 AM
 #389

I think alot of people haven't taken the time to understand what it is. But, in the coming years more and more people will be introduced to it. Showed my dad a documentary of Bitcoin last night. He seems less against it now Tongue

I think they have no time to understand due to they dont interesting. They just know the bad side of bitcoin without care with the bigger good side of bitcoin. Their limited knowledge make they against bitcoin.
Because so many peoples uses it for ileagal uses. 
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November 12, 2017, 10:39:19 AM
 #390

It is political reason i guess? but don't know the detail about political reason with bitcoin. just recently there's that opinion about political reason. umm bitcoin itself is such a development in digital currency and became development in technology era too. maybe people just hard to accept its currency because of digital term? that's my opinion  Smiley #CMIIW

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November 12, 2017, 10:46:15 AM
 #391

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?

There are people who are against bitcoin because of their own experiences with it. They became against to bitcoin maybe because they lost a lot of money to it and they didnt become successful in their life. Also, one of the reasons why they are against bitcoin is that, they think fiat money is better than bitcoin. They think like that because they dont have enough knowledge about the usage and capabilities of bitcoin.

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isaac_clarke22
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November 12, 2017, 10:48:16 AM
 #392

For those who are against, I think it is because they aren't used to technologies like using internet to pay bills or any other expenses. There are still people who aren't totally against but they just do not really want to use Bitcoin or any other cryptocurrency due to they still feel unsafe in investing in the internet when it comes to money. They believe that hackers might compromise their wallets.
mikaeltomcruz12
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November 12, 2017, 10:56:34 AM
 #393

I believe they think this is scam, other people don't understand what bitcoin is all about and purpose they think it is only an investment for nothing and maybe some are not really interested only.

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November 12, 2017, 10:56:55 AM
 #394

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?

There are people who are against bitcoin because of their own experiences with it. They became against to bitcoin maybe because they lost a lot of money to it and they didnt become successful in their life. Also, one of the reasons why they are against bitcoin is that, they think fiat money is better than bitcoin. They think like that because they dont have enough knowledge about the usage and capabilities of bitcoin.
One of the main reasons why bitcoin is not good for other people is they are lacking of experience in technology and they are just close minded people who are usually get victimized by the online scams in the internet so they turned into a close minded person who always think that all the opportunity in the internet are scams and just a way to steal people's money.

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November 12, 2017, 11:08:46 AM
 #395

Many people against bitcoin because they nothing know about bitcoin. They dont have a trust in dealing something like in bitcoin. They always have a doubt. They dont want to try something new. They afraid in dealing or investing their money in bitcoin and worst they dont want to give even a little bit of their time to known something about bitcoin. They never take risk in short they never invest their time,money and effort in dealing in not consistent thing or currency like bitcoin

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November 12, 2017, 11:12:04 AM
 #396

Because some whales want it! Jihan and Roger are planning to destroy original BTC chain. Only manipulation and arrogant moves. They will lose this battle, Bitcoin will win.

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November 12, 2017, 11:17:14 AM
 #397

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 why some people are against bitcoin because bitcoin is being use in darkweb or deepweb in which you can use it to buy illegal things such as drugs and weaponries.

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November 12, 2017, 11:21:04 AM
 #398

I think, everything is based on a sense of "fear".
bitcoin is a new innovation in finance. the existence of some bad issues about bitcoin make people become fear to jump into the world of bitcoin and resist bitcoin with bitcoin reasons too risky and its a system that is difficult to understand.
so they are reluctant to accept the innovation offered by bitcoin.
when ... the real thing is that most people do not want to learn about something new, including bitcoin.
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November 12, 2017, 11:22:48 AM
 #399

Many people against bitcoin because they only see the bad effects of bitcoin in internet because some of the news tells that bitcoin can use in scamming other people not knowing that bitcoin can change their life in so many ways.
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November 12, 2017, 11:26:25 AM
 #400

I think they don’t know well about bitcoin, or they aren’t able to earn bitcoin or they don’t know how to earn bitcoin online, otherwise I think it’s very very bad thing to avoid bitcoin I mean being against it.
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