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Author Topic: Why are so many people against bitcoin?  (Read 18439 times)
mylyn2327
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November 27, 2017, 01:38:32 PM
 #881

I wouldn't say people are against it. Investing in Bitcoin is a risk, and those who can't take that risk is naturally averse towards it. They also know money could be had by investing, so they could have some jealousy or resentment towards those who took the chance. Basically sour graping. No one really dislikes innovation, especially since no one is forcing it down their throats.

Some governments are against it though. Its decentralized nature makes it hard to control and regulate. They're probably the ones afraid of money falling into the wrong hands via money laundering, illegal sales, etc.

Technically true, people are not against but afraid to take the risks. Like in putting up a business some people would think first "what if i fail? Where i am if that will happen?" and such. See they even did the first step but their minds are full of bad and negative thoughts. Just like here in bitcoin without seeing the positive outcome first, people will not going to give it a try because their mind are focused on it's negative outcome. People in everything we do in our lives consequences are always in it, it's up to us on how we are going to deal it.
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November 27, 2017, 01:44:13 PM
 #882

I think a lot of people just don't understand it, so they believe the negative rumors like it's a scam.
Other than that, I think they are scared because they've been lost money because of networking and I guess, they think Bitcoin as networking that will get their money too after they invest.

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November 27, 2017, 01:48:01 PM
 #883

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 people against bitcoin because they have bad experience from it. People against bitcoin because they lost their trust from it. Maybe they just have scam on a network investment site or the money that they invest is not earning profit but their profit is loss. Every people have a strategy on how they can finish or achieve what they want. So it depends on people whether they trust or not.

redoykhan
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November 27, 2017, 01:51:02 PM
 #884

also don’t understand why our country and bank don’t support bitcoin. I saw a video yesterday why they don’t support bitcoin but their logic was bullshit after hearing their logic i felt very upset and i think they have no knowledge about bitcoin

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bitcahunter
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November 27, 2017, 01:53:31 PM
 #885

They cannot understand that. People always hate things which they can not get.
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November 27, 2017, 01:54:43 PM
 #886

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 are not open for its potentials and capabilities that they may also acquire in working here , some people believe thay bitcoin is totally a scam but the thing is they dont have any idea on it resulting foe them to believe what they have first heard and thats a bias you should conduct searching before you come up with a certain conclusion towards something.

rony01941
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November 27, 2017, 02:00:12 PM
 #887

I do not know why so many people are against Bitcoin? But it can be said that there will be no more for Bitcoin against it. Bitcoin's demand and its value rise can say that Bitcoin's future is bright. I saw Bitcoin's value some months ago and now The price has gone far away from him. So no one will complain against Bitcoin in the future.
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November 27, 2017, 02:06:07 PM
 #888

They cannot understand that. People always hate things which they can not get.

It is not that people do not hate things that they cannot get but they do not trust something they do not know really and a lot of other haters said that bitcoin is just another scheme investors make so they can earn a lot of money online.

But the truth, they did not know because they do not want to know it.

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November 27, 2017, 02:25:26 PM
 #889

Actually they are get back from Bitcoin because may be they got face loss in it's investment in several times , other wise they're misunderstood bitcoin because of the hackers spreading false news about bitcoin.
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November 27, 2017, 02:28:10 PM
 #890

Many people are against Bitcoin because they think it will not worth their time and that it will just waste their money if ever they will invest. Also, they think Bitcoin is another popular scam.
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November 27, 2017, 02:34:50 PM
 #891

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?


They said that because of people they didn't know if is a legit or a scam. Why you should have trust to a thing that you didn't know or you do not have a knowledge about it. So other people who dont know what bitcoin is, then they think it is bad to use bitcoin. Thats why some people against it and not totally trust bitcoin.

jannerman
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November 27, 2017, 02:37:14 PM
 #892

In short, i like this answer 'They don't understand the true meaning and value of bitcoin.'
Dark Sky
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November 27, 2017, 02:41:36 PM
 #893

Many people are against Bitcoin because they think it will not worth their time and that it will just waste their money if ever they will invest. Also, they think Bitcoin is another popular scam.
because they did not believe in bitcoin, actually they have no knowledge about bitcoin they think about it bitcoin is a fake forum to make people fool but they did not know the bitcoin is a right way to earn more money in part time.
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November 27, 2017, 02:44:03 PM
 #894

Bitcoin has a high exchange rate. It can make you live a life without working in other jobs. That's what I think tho.
Pattart
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November 27, 2017, 02:50:40 PM
 #895

They cannot understand that. People always hate things which they can not get.

It is not that people do not hate things that they cannot get but they do not trust something they do not know really and a lot of other haters said that bitcoin is just another scheme investors make so they can earn a lot of money online.

But the truth, they did not know because they do not want to know it.
Actually there are many reasons why many people hate bitcoin and against bitcoin. one of them because they have not understood deeply about bitcoin that they know about bitcoin is only from bad news from various sources and then believe unilaterally and hate bitcoin. another reason some people already know about bitcoin but because they are competitors of bitcoin of course they will hate bitcoin right ? and of course there is many other reasons.

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November 27, 2017, 03:54:13 PM
 #896

There are lots of factor why do other people againsy in bitcoin. One of the factors is that some other people have a lock of trust or they are afraid of scammers since in this world; there are lots of cartoonists. In just wrong move they can deceive you and steal your money. Another factor is they are not knowledgeable enough what bitcoin is all about. And lastly the culture or the diversity also affects why do other people don’t believe in bitcoin.

fishball
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November 27, 2017, 04:00:35 PM
 #897

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 people don't like bitcoin simply because they don't care about it. They don't appreciate the potential of cryptocurrency in the world and led them to criticise our decisions in investing to bitcoin. Some of them are very close minded to this kind of argument so I advice to avoid talking to them.
alexzorgo
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November 27, 2017, 04:03:23 PM
 #898

Most of people is always ready conservatively. They very watchfully perceive any innovations, hardly change the habits, especially concerning investments. In each circle of familiar people there is a small percent of early followers who the first test new technologies. Conservatives always wait what consequences of application of innovations on the example of early followers will be. And having only convinced that innovations bear only improvements, advantages outweigh all shortcomings, only then they are connected to early followers. This turning point marks widespread introduction of technology.
Martin Tyler
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November 27, 2017, 04:08:17 PM
 #899

Well it seems a mixture of both. Human race has always opposed innovation since good old times to the present age with countless examples of the same the best ones from different and famous scientists such as Newton and Einstein. Secondly it involves money which is,was and will always be a SENSITIVE issue as everyone is after money. So no one in anxiety knows what the future is gonna be.  Embarrassed
missyqt29
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November 27, 2017, 04:10:49 PM
 #900

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them Cheesy


They do use this as advantage I believe. Bitcoin is really a good item for making quick money because of its volatility. So maybe those wild news articles in various "news website" are just propaganda to control the price of this cryptocurrency. But I guess it's not 100% working all the time as other extraneous factors are now affecting bitcoin like demand.

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