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Author Topic: Why are so many people against bitcoin?  (Read 19286 times)
tommy05
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November 19, 2017, 10:48:05 PM
 #601

I think because they don't believe that the bitcoin price could increase rapidly in jusy short period of time! If you are more in stocks , mutual fund and the likes you will most probably don't believe the interest that bitcoin gains and accuse it as some sort of fraud
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UCHCHILD
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November 19, 2017, 10:51:11 PM
 #602

In my part, I guess this is due to unbeleieving feature of this, and also maybe they were a victim.of a scam or failing project of bitcoin that turns them to hatr bitcoin at all. Also like those coin creator some were developers that creates coin and hate btc bevause it is there great competiitor.
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November 19, 2017, 10:51:23 PM
 #603

by having a lack of knowledge and lack of interest or maybe they loose their profit in investing some of the ICO, i wonder if theirs a people who doesn't have a profit in bitcoin because if you hold your coins before you will have a profit now unless you use it, they always find where is the proof or something before they believe bitcoin exist.
Nana21
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November 19, 2017, 10:53:36 PM
 #604

First of all bitcoin have  no Rulls,  no tax, no vat. Without Tax
 transaction is not legal.  So Many country Announced "Bitcoin is illegal".
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November 19, 2017, 10:54:29 PM
 #605

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?

Due to the lack of information, a lot of people sees Bitcoin as a scam. Which is why they tend to go against it. So many are just paranoid with things they don’t understand and lead them into thinking it is something negative.

bitllionaire
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November 19, 2017, 11:38:11 PM
 #606

by having a lack of knowledge and lack of interest or maybe they loose their profit in investing some of the ICO, i wonder if theirs a people who doesn't have a profit in bitcoin because if you hold your coins before you will have a profit now unless you use it, they always find where is the proof or something before they believe bitcoin exist.
i do not think that many people are against the bitcoin, i think they may only a few because they do not have any reason to hate bitcoin or to become against it. in fact they have lack of information which make they to think against bitcoin, but i am sure that if they will get good information about bitcoin they will certainly change their mentality, and will start taking interest in bitcoin for sure.
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November 19, 2017, 11:41:41 PM
 #607

Yes, There's still a lot of people who are against or do not believe in bitcoin and what I think of is - it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment.
Peoole thinking about the risk when it comes on using new thing is not acceptable on the poi t that it is not a good thing to think against a particular think without even trying to learn the system of Bitcoins n in terms of transaction , investments or in trading that could possibly give them an opportunity to earn and to have a good profit.
aanbudi
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November 19, 2017, 11:42:30 PM
 #608

Because Bitcoin is invisible and the price is high, it makes many laymen fight and do not believe in Bitcoin. Or they just use their chirps to drop Bitcoin prices and buy Bitcoin at cheap prices. Many possibilities in Crypto world.
Zinkin
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November 19, 2017, 11:55:26 PM
 #609

Because they have this 'wrong' advocacy in their minds. They have been basically brainwashed, believing to those things that are opposed to Bitcoin. Like for instance, they believe that Bitcoin can be hacked, but in truth the one being hacked are people. And another thing is about, it is a scammed, I remember a documentary that has been televised, and said that Bitcoin is a scam.
shunga
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November 20, 2017, 12:14:48 AM
 #610

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 many people against bitcoin because they think bitcoin is not legit it's a scam cause there are no clear information about this.They are scared that in the future, there will be no people who will do the labor but instead there are many people who are earning money through bitcoin .Bitcoin for them is a threat to industrial economy. People who are against in bitcoin are those people who are scared in things that bitcoin carrying.

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tanginamoo
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November 20, 2017, 12:21:47 AM
 #611

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 that they are afraid of is that, they thought of it as a scam or something that is governized by terrorists. But they are wrong. They can't take the risk of earning because they are afraid of something new. They are afraid of technology-driven money.

vincentallstar
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November 20, 2017, 05:31:22 AM
 #612

Many people against bitcoin,because they  do the old traditional investment like banking system.
and i think some people think that bitcoin destroy the old traditional investment system they not realize the good benefits of bitcoin to us, maybe they have lack of knowledge  about it.all we need to is educate them and i'm sure change will coming. Cheesy
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November 20, 2017, 05:36:57 AM
 #613

i think people who are against bitcoin are the one who has a less knowledge about cryptocurrency ..

many are afraid to transact online because of scammers .. they didnt know the power of bitcoin  Grin
ydrogios
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November 20, 2017, 06:50:29 AM
 #614

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 don't see any backlash from regular people. They're not against it they're just indifferent to it for many reasons such as they unaware of it, don't understand the concept and benefits, it's just some weird new stuff that they can do without, listen to sources that tell them that it's scam, don't want to risk or can't do it.

I think the only way to change their minds apart from educating them is to set an example.

If they see that you, a regular person like them, double or triple your investments without suffering loses and made your life better it'll generate interest for them to get a deeper understanding of it.
Abebittalk23
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November 20, 2017, 06:57:14 AM
 #615

As some have already eluded to people are afraid of new things, allow me to take this a step further. Evidence suggests people fear that which they do not understand. People are also reading less now than previous  generations, understandably so this generation prefers YouTube to books. To fully understand bitcoin and apprecuate you need to read the documentation, perhaps someone should read it aloud on YouTube while tricking the viewers into watching with cute animals like kittens... Draw what conclusions you may from that.
iamhantei
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November 20, 2017, 07:00:00 AM
 #616

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 they did not know how bitcoin works in crypto world, so that they ignore it about using this bitcointalk.
nz_sana
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November 20, 2017, 07:06:29 AM
 #617

Those people who do not understand bitcoin; what is the bitcoin? what is the use of bitcoin? what can be done with bitcoin? what is the advantage of bitcoin? will be useful to me next generation? etc..
so they have to give a correct idea about bitcoin.
bitfocus
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November 20, 2017, 07:12:19 AM
 #618

they are afraid of change and hated every new thing. They have no idea about what cryptos are.
jancukiyah
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November 20, 2017, 07:34:49 AM
 #619

The reason people who against bitcoin just because they aren't know well about how bitcoin works, but if they understand it for sure they want to earn bitcoin as much as they can. It's the same way for me when the first time I know about bitcoin, I really don't believe that I can get some profit from it, but know I believe that.

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Kakawate
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November 20, 2017, 07:35:35 AM
 #620

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, that is because they are scared, maybe scared that bitcoin would take away their jobs or maybe they are scared that bitcoin is a scam, and they are being dragged into something that would make them regret. But I think, bitcoin is something to be thankful for, and we should be taking it not resisting it.

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