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Author Topic: Why are so many people against bitcoin?  (Read 18066 times)
russ26
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November 25, 2017, 11:08:15 AM
 #821

I read some article why some people are against in bitcoin it tells that the government found out that some crimininals use bitcoin to fund their activities or to use in their illegal transaction.  I think this is possible but maybe we can fix it if we do not let it happen so that we will be sure that the bitcoin will not be use in illegal situations and it may change their understanding about bitcoin or cryptocurrency. 

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November 25, 2017, 11:15:52 AM
 #822

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?


its simply because they are bitter bitcoin now is very famous they want to create an another coin to kill bitcoin. some people hate bitcoin because they say it is a scam buy they dont know how good bitcoin is.

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November 25, 2017, 11:19:18 AM
 #823

Many reasons can not be explained if others oppose the existence of Bitcoin. Wink

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November 25, 2017, 11:28:55 AM
 #824

and many country, their government against bitcoin. it will add amount of people that against bitcoin Grin
they not believe to bitcoin because of many reason. not save, no organization handle it, and many reason. but we as believer until now feeling good as long as we not careless about what we have

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November 25, 2017, 11:31:37 AM
 #825

Most of those who oppose Bitcoin are those who have power in that country. They do not want Bitcoin to be widely used in their country because if this happens the bank may be destroyed.

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November 25, 2017, 11:40:56 AM
 #826

I would not say people are against it. Investing in bitcoin is a risk, or They do not know that blockchain technology is changing the world. Bitcoins are just one product of blockchain, if they do not know about blockchain they can not know about bitcoin.

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November 25, 2017, 11:42:34 AM
 #827

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 the problem here is they do not truly know what can bitcoin do, that’s why they are not sure of it and that’s the reasom why they are against it. It is indeed that people are often reluctant to what they do not understand.

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November 25, 2017, 12:04:18 PM
 #828

Since they didn't perceive what is the great qualities of BTC and they don't know how BTC did to us. At times numerous BTC holder are succeed and when other individuals see that possibly they alter their opinion and be one of us.

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November 25, 2017, 12:06:43 PM
 #829

A lot of people are against bitcoin because they don't have any idea what it is all about. The thing that is fixed on their minds is that, butcoin is a scam. Maybe because of the involvement of money that circulates.
Yes lack of knowledge is the main reason of the hatred, they believe what they listen from here and there and  do not try to seek proper knowledge, the are not properly guided that is why they do not believe it. We need to guide them and educate them properly, share our achievements with them and help them in finding some promising projects so that they could also enjoy the blessings of bitcoin.
That is okay too but you know what reality is, they don’t want bitcoin to flourish and groom. Actually it has been happening with every best thing that once came up on the screen. There always some new propaganda's for that particular thing to demoralize and deform the stability and fame.

Same happening with bitcoin right now, these people better know what potential bitcoin, for this they are making some notorious news about bitcoin.

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November 25, 2017, 12:12:20 PM
 #830

because many conventional devlopments feel threatened with the development of bitcoin they do not want any changes to the digital period
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November 25, 2017, 12:21:09 PM
 #831

Lots of things. Some thinks it's an easy-money ponzi scheme, other purist can't stand that there's no hardwork put into it, can't admit their wrong about bitcoin, etc. But mostly they are malinformed.

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November 25, 2017, 01:27:22 PM
 #832

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 against to the bitcoin because they think that is unfair to other people who work hard, But here in bitcoin they can earned money by posting while the other people working hard to earn money for their families. That's why some people against here in bitcoin. The knowledge of other people here in bitcoin is curve in the truth.

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November 25, 2017, 01:35:10 PM
 #833

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 other genuine concerns like bitcoin being a means of drug bushing, money laundering, terrorism financing and their likes. But they can not throw the baby away with the bath water. Bitcoin still has a lot of advantages that will help in reducing over centralization.

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November 25, 2017, 01:40:59 PM
 #834

It depends on what "people". If you are talking about governments. Well the answer is simple. Bitcoin is making them loose control!

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November 25, 2017, 01:47:42 PM
 #835

some people didn't understand what bitcoin can really do to their lives.. that's why they all against BTC another reason is low of knowledge about the digital currency.. we need to proved to them that bitcoin is a great source of income for us.. Cheesy Cheesy

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November 25, 2017, 01:49:59 PM
 #836

I understand of so many critics of bitcoin because of the facts happen now adays specially online business that many are scammers etc. But i know if they only listen to us who understand what is bitcoin is, i dont think soo

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November 25, 2017, 02:09:00 PM
 #837

I understand of so many critics of bitcoin because of the facts happen now adays specially online business that many are scammers etc. But i know if they only listen to us who understand what is bitcoin is, i dont think soo

You are correct.  Scam issues contribute to the bad image of bitcoin making people against about it.  They invest on wrong people and sites.  It is better to make them understand what is bitcoin.  They are against about bitcoin because they lack knowledge about it.  We tend to hate something when we do not know anything about it.

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November 25, 2017, 02:17:03 PM
 #838

I believe most people either the "lames" are not intelligent enough to full appreciate the brilliance it took to create, and the huge market it, and it alone has created. Or it's simply the fact that they didn't see the huge potential early enough to get on board, let's say at least early
enough to have purchased a couple hundred at 10 to 50 $$ a coin,  and make an ungodly amount of money in the process. It like all things new are scary. Simply,  People fear what they don't understand and hate what they do yet can't fully control.

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November 25, 2017, 04:58:01 PM
 #839

In general, people are against because they don’t know about Bitcoin fully.  Some people only show that they are against in actual they are trying to get as many as they can get.



Practically, Bitcoin face opposition because of its structural model, it has lack of objective transparency, not on a good mining path, regulators are not accepting it worldwide, no concrete text is available to get the full information. The listed are a few of the many reasons for people being against Bitcoin

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November 25, 2017, 05:08:03 PM
 #840

Because they realize that bitcoin earning is wrong ways earning. Even many people realize that bitcoin is the main source of hackers. So they think that only hackers and wrong peoples use bitcoin. I think that It is the main reason.

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