Why are so many people against bitcoin?

[OneSortieMan]

some are probably angry that they did not get in early so they want to see it fail to mock and scorn those who where smart or fortunate enough to buy bitcoin early and had enough balls to hold on to bitcoin despite its drops.


and obviously government see bitcoin as competition for their native currency

[BeGoods]

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?

It's the thought of them (the govt, others in power) losing power and losing their control on markets.

I think one of the reasons why governments against bitcoin is because they have no control over bitcoin. bitcoin have decentralized let alone the user becomes anonymous of course the government will not be able to control the user and of course it will have a bad risk for the economy of a country. I think that's what makes the government against bitcoin

[randal9]

people see risks and unreliability and this plays the more important role than having the opportunity to make good money...everyone has their own priorities

[Spoetnik]

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?

It's the thought of them (the govt, others in power) losing power and losing their control on markets.

I think one of the reasons why governments against bitcoin is because they have no control over bitcoin. bitcoin have decentralized let alone the user becomes anonymous of course the government will not be able to control the user and of course it will have a bad risk for the economy of a country. I think that's what makes the government against bitcoin

Before you commented going back 2 pages until i commented all i seen was the same repeated dumb comments by 3 post noob accounts.

You made a fair point i think and i highlighted it pretty clearly on my last post.
If you read the Coinbase link i posted it said.. $20,000
Why ? Why that amount ?

AML / KYC laws investards.

..which yes, if of course a "control" issue.

You dumb fucks in crypto were not suppose to create "exchangers" then hand your fucking picture ID over to them.
You missed the entire point of Bitcoin and crypto currencies.

You noobs can spout off what ever dumb ass fucking bullshit you want.
But !
You are all forking over your info and playing along wit the rules..
Or YOU WILL be dealt with by the authorities.
You *WILL* be chanting no laws from behind bars or in court.

Govt's are not afraid.. you are.
If they want to they will handle your ass.
I warned you all long ago.. and what you did is make the scene far worse.
Why did FiNCEN fine Ripple ?
Why did the SEC put out an investor fraud alert about "coins" ?
Why did you all start supporting MLM coins ?

You are begging to get the hammer and here it is.. it's coming.
Enjoy. 

[livingfree]

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 people are against with bitcoin because the word scam is already marked on their head. They are afraid to take a risk, they are afraid because of what they are hearing from the media that bitcoin is a risky investment. Media doesn't really know what bitcoin is all about. Poor community, they've lose a lots of opportunities and chances.

[Hasan_MSH]

Not at all, But some dude against bitcoin. Because of there believe and lack of knowledge about cryptocurrency. There also have lack of security and no volume limit for trade. I think that is why people can't take it easily. This is a virtual and pair to pair trading. So many people are involved here now.   

[nemesis_]

Since bitcoin is a worldwide cryptocurrency and payment system where the transactions take place between users directly, the transactions made cannot be traced. Therefore, some transactions may not be safe. It can not also be controlled by the government.

[LigwagGanern]

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 reason why there is so many people against bitcoin because maybe until now their minds are close in online business or crypto currency. And maybe before they have an experienced about online business or online money but they failed to it. They failed to grow it because they try the fake token or crypto. But if there is someone who knows a lot from bitcoin that can explain to them ehat are the good things that can do with bitcoin. Maybe their mind were enlighten to it.

[olliepearl]

Not all people againts bitcoin. They are just not interested in what bitcoin has. And maybe another reason is that lack of knowledge about bitcoin. But if they give time and read more articles about bitcoin, they will like it and have an interest on it.

[wormgummy019]

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?

For me, I think the reason why until now there is so many people who are against or does not believe in bitcoin is because maybe before they have a bad experienced in online money, token or crypto currencies that they invest their money but didn't grow or increase despite it gone like a bubbles because it is fake. Therefore, they don't want to invest again in any crypto currency or online money.

[Soranith]

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?

It's the thought of them (the govt, others in power) losing power and losing their control on markets.

I think one of the reasons why governments against bitcoin is because they have no control over bitcoin. bitcoin have decentralized let alone the user becomes anonymous of course the government will not be able to control the user and of course it will have a bad risk for the economy of a country. I think that's what makes the government against bitcoin

I also believe that government main reason why they don't want bitcoin because they won't be able to control the money of people they won't be able to know how much someone is earning. So it will be hard for them to track everything and make people pay the exact tax not unless we are honest enough.

[AshTalks]

One of the probable reason is that bitcoin is highly volatile. People usually buy when the price shoots up hoping it might continue the trend. Then end up losing when the price comes down.  

[South Park]

Maybe they are not against bitcoin, maybe they only hate it for missing the chance to buy before the value gets high or if ever they are against it is because bitcoin is just a digital currency.

You must understand that most people are afraid of something that is unknown, that is a natural fear on humans and many animals, they fear that something like bitcoin is going to change the way things work around the world and that they are going to be on the losing side of the revolution.

[Galahad111]

don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV

Their brains are small and bitcoin confuses them and they get angry. When a small brain gets confused and angry at the same time it stops functioning and random emotional responses become presented as fact. The small brain tries it's very best to make sense of what is going on and believes it's own bs to the point it seems proud. Look at that Morgan guy for example. We should bit worry about these people let them stay poor and stupid and we collect bitcoin. What's the problem really?

[lankyman]

there is a mixed feeling about it while there are also pretenders out there
old school new school people with those feelings

[hadisaw]

People hate bitcoin because they are afraid they can not get it, when they want to price it too expensive. And they are looking for a thousand reasons to hate bitcoin day by day.

[Janation]

One of the probable reason is that bitcoin is highly volatile. People usually buy when the price shoots up hoping it might continue the trend. Then end up losing when the price comes down.  

I think volatility is not that a bad feature, I think it is one of the good features of bitcoin making it a good asset for some of the people. A lot of people also was decided to bought bitcoin when they knew that the price is having a good pump. I think the most reason why people are against it is because they said that bitcoin may be a coin related to the deep web or for crimes because of it's anonymity.

This is the most answer I get when I ask some people about this, and sometimes it makes me smile how blind these people is thinking that works like that. I just answer them that it not really anonymous as they think leaving them silent and thinking. I don't know how many of them consider using bitcoin but at least I told something that they don't know.

[Galahad111]

don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV

I actually don't know why people hate bitcoin, when in fact they can really make big money here. Maybe because they are lack of knowledge, sometimes education is important before you judge things specially bitcoin, this is really the future and those who hate bitcoin will surely use it in the future but in a higher value.

[bayong]

Well many of them will against bitcoin,maybe it is because it is scam or the don't really know about it.And i think maybe they are afraid because it is not physical.

[robotroad]

The reason behind this reaction could be because they do not fully understand the concept of trade and investments. When a person lacks the understanding, they immediately shot the idea down.