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Author Topic: Why are so many people against bitcoin?  (Read 18125 times)
DoublerHunter
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November 21, 2017, 12:01:10 PM
 #701

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 those people are fully opposite of this virtual platform, and they are mostly any government affiliation agent. they are afraid of developing this virtual monetary world. they have a negative impression of this system. they think that if this system would be flourished then the conventional capital market and banking system will collapse. I think these are the main reasons behind this scenario.
I think it is just because they don't have the knowledge about bitcoin to fully understand how good is bitcoin and that is why there are so many people who are against and have a lot of negativity about bitcoin but if they will get oriented or taught then it will be easier for the people to become a supporter of bitcoin because explaining how good is bitcoin will result for them to get convinced and become a supporter of it.

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November 21, 2017, 12:47:23 PM
 #702

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?


Why people are against bitcoin? We all know why central banks are so against bitcoin & all other altcoins, those of you who dont know, its because people are rejecting the printed notes made by banks and are adopting these cryptocurrencies.
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November 21, 2017, 12:49:30 PM
 #703

Maybe they are insecure in the people who are earning it maybe they don't know how important it is.
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November 21, 2017, 12:50:20 PM
 #704

I've done my own research, yes it's bit of a gamble, but I have faith Wink
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November 21, 2017, 01:13:06 PM
 #705

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 because they don't have enough knowledge about the bitcoin, and hear wrong informations about it from the people who also lacks in understanding of what is the real bitcoin is. Till now, many people still don't believe the potential of bitcoin and how can this system make thier life better. But I think, if you will explain them how this bitcoin system works and how they can profit from it, maybe, they will enlightened about what this bitcoin can really do.
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November 21, 2017, 01:28:02 PM
 #706

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 are always saying negative things about bitcoin because they don't know it's function and also sometime people just want to dump the price of bitcoin. The only thing that i can see is that not all people know about bitcoin and every time someone ask them to do invest they always say no because they are afraid of getting scammed. Bitcoin is really great opportunity to make more money, so for me people should like this one.

You couldn't blame them since bitcoin started and used primarily in deep web transactions which are mostly illegal, maybe that is why it left a bad impression to people who just heard about bitcoins and made them also skeptical and wary in trying to be involved with it.

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November 22, 2017, 01:25:55 PM
 #707

They are simply against bitcoin because they lack knowledge about it. And I dont think that there were lot of them, people who actually against it are those who were left behind or those who just knew about it. If someone is not into bitcoin he will not loss anything, but anyone who is into bitcoin he gain everything. There is no reason to be against with bitcoin, the only reason would be personal interest or a group interest that might possibly bitcoin becomes a threat to them.
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November 22, 2017, 01:36:55 PM
 #708

Some people against bitcoin because, they knew that this is the future of currency. There is a possibility that these bitcoins can replace paper money someday. And other are against because, this is going beyond their expectations.

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November 22, 2017, 01:46:49 PM
 #709

I think it's bitcoin that touches the interests of many people. Some people control a lot of wealth and power, and they don't want bitcoin to appear. Because bitcoin is likely to reduce their wealth, they don't have many advantages in front of bitcoin.
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November 22, 2017, 01:53:18 PM
 #710

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 are always saying negative things about bitcoin because they don't know it's function and also sometime people just want to dump the price of bitcoin. The only thing that i can see is that not all people know about bitcoin and every time someone ask them to do invest they always say no because they are afraid of getting scammed. Bitcoin is really great opportunity to make more money, so for me people should like this one.

You couldn't blame them since bitcoin started and used primarily in deep web transactions which are mostly illegal, maybe that is why it left a bad impression to people who just heard about bitcoins and made them also skeptical and wary in trying to be involved with it.
I think that most of the people who are against bitcoin are jealous of the people who got rich by bitcoin and still don't believe that the value could go this high.
And some think that bitcoin is just to risky to invest i, Because bitcoin is a unstable currency.

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November 22, 2017, 01:58:14 PM
 #711

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 they are not against its either they didnt know this well or they heard something bad towards bitcoin which is havent confirmed by someone who is crediblw enough to testify this. People tend to dislike or against if they dont think something is not substantial for them to grow so people refused to believe that bitcoin is one of the key to help them to be successful.

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Albertartur
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November 22, 2017, 02:04:31 PM
 #712

Probably jealous that they can’t afford to get in now or as far as governments go they’ll just scared because they have no real control over it.
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November 22, 2017, 02:05:32 PM
 #713

I could say maybe it is because of fear that "bitcoin is a fraud"
Well, I used to have that fear but seeing a someone who is onto bitcoin earning money while sitting, I got this notion "Why should I not try this?" In order to learn one must take risk. In order to earn money, one must take the risk. It is very obvious that the more you earn, the more risk you take. You just have to have that gut to be aggressive and try things out. Let's get out of that conventional way of thinking and let's explore new things. Many may have been against BITCOIN, but as one those (before), I can say that it is not something to be scared of or feel bothered at. It is something we can try and enjoy a long time.
Nylelyn
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November 22, 2017, 02:34:30 PM
 #714

I think there are some people are against bitcoin because of some reasons.  First, it could be the lack of accurate information regarding bitcoin. People tend not to believe because their mind are not yet opened that this digital currency will be highly valuable in the future along with the network and software that is built behind it. Second,  people are afraid to loose their money on investing in bitcoins,  but with correct knowledge and understanding, people will embrace bitcoin in their lives. Let us be an instrument to help educate people about bitcoin.

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November 22, 2017, 02:52:39 PM
 #715

Can be jealous or afraid of bitcoin, because bitcoin may be able to beat the value of the country's currency. In general, bitcoins are tax-free, this makes governments and entrepreneurs who do not invest or disagree with bitcoin against bitcoin.
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November 22, 2017, 02:58:56 PM
 #716

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?

Some or many people are against bitcoin because of some reasons.Simply because you can not buy it at a high price, it is obvious that you are against it. Lower the cost and buy it at a cheaper price Why not? And what china did with bitcoin is a good example.
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November 22, 2017, 03:02:19 PM
 #717

Lack of knowledge could be one of the reason why bitcoin is not accepted by every person in the society.  And for me this is just normal to happen to anyone who has not enough knowledge into something being brought up. That is why it is very important for everyone of us to be able to share what we know so that more people will accept the usage of bitcoin.

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November 22, 2017, 03:04:36 PM
 #718

Because they keep on thinking that bitcoin is a scam.

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November 22, 2017, 03:11:18 PM
 #719

Because just a few people use bitcoin.  Most of people doesnt even know what is cryptocurrency and that makes they think its not safe to invest to something that they didnt really know.
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November 22, 2017, 03:12:14 PM
 #720

Lack of knowledge could be one of the reason why bitcoin is not accepted by every person in the society.  And for me this is just normal to happen to anyone who has not enough knowledge into something being brought up. That is why it is very important for everyone of us to be able to share what we know so that more people will accept the usage of bitcoin.
I am truly agree that lack of knowledge is one reason why some or other people are against bitcoin. That's why one of the responsibility of us who know what bitcoin is to explain to them the true meaning of bitcoin, although all things has the advantages and disadvantage so it is better to told them the both sides of bitcoin. So instead of judging them also by how they judge bitcoin let's make them a clear understanding about bitcoin.

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