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Author Topic: Why are so many people against bitcoin?  (Read 18477 times)
kitanodebunmi
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November 20, 2017, 08:59:28 AM
 #641

personally, i think it is because most people do not understand how cryptocurrencies work
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November 20, 2017, 09:09:07 AM
 #642

I think its more on the government they are all against in bitcoin because they don't want it to change their own currency they made I mean if the bitcoin'so popularity grows better than their own currency it can do bad for them.

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November 20, 2017, 09:12:16 AM
 #643

Because they do not know bitcoin, they think that bitcoin is a bubble and that bitcoin will one day break up. Bitcoin has some disadvantages. Bitcoin is anonymous. Bitcoin is used by criminals. The government can not track criminals. So people hate bitcoin. Smiley

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November 20, 2017, 09:13:07 AM
 #644

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 usually against the things they don't fully understand like bitcoins. Bitcoins does in fact seem like scam because you have to give money on things you don't see,  like stocks. That's why people really doubt and resent bitcoins. People are afraid of what they don't see and hold.

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November 20, 2017, 10:42:47 AM
 #645

personally, i think it is because most people do not understand how cryptocurrencies work
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November 20, 2017, 11:41:05 AM
 #646

Yes because they dont believe that your money will get times 4 or 10 the value will have
Or maybe they are from old school of thoughts or living g in such an area where there is less awareness about technology. I am sure these people are from underdeveloped or developing states otherwise all those people  who are related to technology in one way or an another are not in favor of abandoning bitcoin for any reason since bitcoin is having extreme potential of making them rich in short time.

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November 20, 2017, 12:09:49 PM
 #647

Most people that are against bitcoin do not want to take time and study the concept, But some understand but do not want the general public to know the concept of money, they still want people to believe in our old traditional way of how money works.

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November 20, 2017, 12:19:45 PM
 #648

There are so many people against bitcoin because they know that bitcoin are scam but we all know that bitcoin are not so that we incarage the people known bitcoin that bitcoin are not scam. But we understand the people against bitcoin.

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November 20, 2017, 12:23:58 PM
 #649

people thaught that crypto currency is not safe if we compare to the hard currency because the hard cash will be in hand and it will be have some safty for it but the online currency cannot be seen or feel
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November 20, 2017, 12:37:15 PM
Last edit: November 20, 2017, 12:59:24 PM by P60
 #650

personally, i think it is because most people do not understand how cryptocurrencies work
I could say that the reason why people against bitcoin because of their previous experiences and different beliefs. I think once in their life, they already been scammed that's why they don't trust anymore about this kind of investment. Moreover, maybe they try to use bitcoin and lost their coins because of hacker. On the other hand, learning and having enough knowledge can change your belief and not to be against anymore.

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November 20, 2017, 12:37:44 PM
 #651

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 some people are just not for innovation. They find it difficult to accept something new and change. For now, I think we should leave them alone because eventually they'll come to their senses and realize what opportunity they are missing in their lives. We must focus for ourselves for now.
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November 20, 2017, 12:39:43 PM
 #652

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 against in bitcoin because they think that it is not trusted. Maybe they experienced to be scam before. We cant blame them because some of money through social media was scam. Also maybe because they are afraid to lose their money when they invest here because the price of bitcoin was not stable and it change every seconds.

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November 20, 2017, 12:41:45 PM
 #653

I think many people doesn't really know that bitcoin has a lot of benefits that's why they are against on it.
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November 20, 2017, 12:44:17 PM
 #654

Why so many people fight bitcoin
I'm trying to figure out why so many people do not like bitcoin so much
Maybe they did not dare invest or hear something up Cheesy Cheesy
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November 20, 2017, 12:53:04 PM
 #655

There are different reason's for people to hate bitcoins, Like they lost they profit in trading or some ico's did not pay the correct amount of price that they deserve. There are different ways to hate bitcoins but it does not matter to those who truly believe that there is a future in this coins.
Some people against to it because they dont understand what truly bitcoin can to do to change there lives. Also even there are many computer now there some people have no interest and they have no trust when it comes in internet.

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November 20, 2017, 12:57:32 PM
 #656

I exactly dont knw why ....maybe it's because of the risk in security
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November 20, 2017, 12:58:31 PM
 #657

Because people don't know it, they're afraid of it. It's common to be afraid of things you don't understand
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November 20, 2017, 01:00:10 PM
 #658

For me, so many people use bitcoin because most also want to earn money like me so I'm here to earn money and have a good life but there are also many reasons why bitcoin, might want to invest, trade, mining , gambling and more.
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November 20, 2017, 01:08:18 PM
 #659

Many people against bitcoin because of they know the essential things of it, and they scared to lost a lot of money, and last things people think the investing in the bitcoin is a scam. I believe to the saying the “How you can win if you never bet .
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November 20, 2017, 01:10:46 PM
 #660

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?


Many of them just want to get the price down to accumulate more, others are old-timers and conservators who are afraid of change,but as always a few can't stand against the evolution of our financial system. The adoption of bitcoin raises on a daily basis and nobody can't do anything to stop it. We have to face it: it is a better currency from so many points of view.  Wink

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