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Author Topic: Why are so many people against bitcoin?  (Read 19290 times)
phr0stbyt3
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October 17, 2017, 01:13:33 AM
 #181

It is because it isn't legitimized now we see many countries introducing tax to it and setting regulations against it this would mean anyone who would hate bitcoin and cristise you, you don't have to worry because it will now be legit coin
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October 17, 2017, 01:18:44 AM
 #182

I´m Bitcoin supporter and enthusiastic. But at the same time, i try always to keep an open mind, about the position of Bitcoin in the rest of the world.

A gigantic negative point of the Bitcoin blockchain technology is the amount of electricity used to validate one transaction. A recent study made by the Dutch bank ING, conclude that the electric power used in a transaction is enough to power up one house for a month period. A solution for this has to be found ASAP. For this kind of reasons, people can just "Hate" the technology    

Really? I didn't know about it... But as this study was made by a bank there could be some doubts about its legitimacy and neutrality. It's interesting for banks to deceive public opinion about Bitcoin as they are the most harmed by this technology. They have enough reasons to hate Bitcoins and start such campaigns against it. We don't even know what is the electricity consume on each house.

 
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October 17, 2017, 01:28:46 AM
 #183

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?


On my own belief, I think they are not so many. Some people actually are not against on bitcoin but they just don't know what bitcoin is. They think it is just a scam, some online job that is going to waste their time. But they are not really against on bitcoin, they have no idea, and is not interested that is why they don't invest on it and people like you saying they are against on bitcoin. Many people find this an opportunity for them to have a better life, So why would they be against on this?

Maybe those who are in higher positions, like government of a large country or whatsoever. I think they are the one who are against bitcoin because once bitcoin conquer their field, a lot of money will be loose on them, because bitcoin will free us and take out government on our ground. And they are not really to many, so I believe you are wrong that many people are against on bitcoin.
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October 17, 2017, 01:40:54 AM
 #184

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 who are against of bitcoin are those people who have a bad experience in bitcoin. For example they are scammed or their money did not grow, instead they lost a lot of money and many more thats why theyre against to bitcoin. Lets be open for all the possibilities that some of those people who engage theirselves in bitcoin became successful and others will not.

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October 17, 2017, 02:06:25 AM
 #185

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 who are against of bitcoin are those people who have a bad experience in bitcoin. For example they are scammed or their money did not grow, instead they lost a lot of money and many more thats why theyre against to bitcoin. Lets be open for all the possibilities that some of those people who engage theirselves in bitcoin became successful and others will not.

Well if I was the one you are talking about then I don't have the right to become against on bitcoin. Because bitcoin just gives me an opportunity, and me wasted that opportunity because I don't play good on this game. I should be against on myself for that and not on bitcoin. Because it is all my fault, bitcoin do nothing on my lost. We handle how we gain or lost a thing, so we don't have the right to blame bitcoin for that.
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October 17, 2017, 02:14:55 AM
 #186

As btc is taxfree,so many people are agaist against it specially tge governments.Again,bareness of knowledge about bitcoin is another reason to go agaist btc.

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October 17, 2017, 02:17:25 AM
 #187

I think the word against is proper to be used in this question. For i believe that people who until now did not accept bitcoin is not really against it but they just have reservation with regards to it since they dont know it fully well yet. And i bwlieve this is just only normal primarily because it involves money,  but if this could be properly explained to them then there is a great possibility that they will soon invest too.

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October 17, 2017, 02:41:30 AM
 #188

Actually most of the people are scare to invest money even we all of us also scare to invest money but when we get proper knowledge of anything then we can easily decide we have to invest or not. And I think may be they don't know about Bitcoin properly. Thats why they are against Bitcoin.
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October 17, 2017, 02:44:12 AM
 #189

Most people do not study bitcoin, so they do not understand what it is. At the same time the mass media that most people are read say that bitcoin is unreliable. This is the reason that people are afraid.

I think they don't know how internet money works and more over they won't show towards reading and understand the technology behind the bitcoin. Many major companies are supporting Bitcoin and altcoins because technology is making them to convince.

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October 17, 2017, 02:55:49 AM
 #190

they agains bitcoin because they dont know what bitcoin is and they see the price is huge so that they imagine this is scam and dont know how to earn thats why some people agains of this.
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October 17, 2017, 03:04:34 AM
 #191

just fud. people want to buy bitcoin with low price. so if they make you panic sell they will be successful

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October 17, 2017, 03:24:27 AM
 #192

People are creatures of habit and tried and trusted methods. Bitcoin is a huge unknown to most. It will take years, decades for it to be widely accepted. So yes they're mainly scared of what they don't know and the press negative stories about hackers, dark web, volatility, etc which can really occur with any currency.
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October 17, 2017, 03:26:56 AM
 #193

Crab pot mentality states that as a crab starts to escape a boiling pot it will be grabbed by the other crabs also trying to escape, meaning none of them do and they all die together.

Often people want something to fail because you would rise too high with it. These people are dangerous not just to bitcoin but anyone health and well being.

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October 17, 2017, 04:36:30 AM
 #194

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?


the number of people who fight bitcoin because bitcoin can destroy the bank and the dollar. bitcoin has its own wallet that can save money, other than that bitcoin has a price higher than the dollar bill, that's why people want to destroy bitcoin.

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October 17, 2017, 04:41:20 AM
 #195

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 dont know how to use bitcoin and they think that bitcoin is a scam because its online and most of the people on some countries are not just interested on whats happening online yet bitcoin so far is not been recognized mostly by ssome people so i guess if bitcoin has been advertise on tv, radio and newspapers they would be willing to try it and educate thier on selves.
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October 17, 2017, 04:46:02 AM
 #196

Mostly people that are against bitcoin are those from banks or government, they are afraid that bitcoin will let the bank die and they can't control people's money that is why they try to bring bitcoin down.

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October 17, 2017, 06:06:29 AM
 #197

Mostly people that are against bitcoin are those from banks or government, they are afraid that bitcoin will let the bank die and they can't control people's money that is why they try to bring bitcoin down.

Well lack of information also would be something to consider. People who don't know bitcoin that much are skeptical about it and thinks about it as scam. Banks obviously have reason to be wary about btc since it can rival the current system they're holding people's necks with

 
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October 17, 2017, 06:12:21 AM
 #198

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?


beacuse bitcoin will destroy the current centralized banking system that only the oligarchs wins.
bitcoin is decentralized meaning the peoples money will not give a damn to the banks that incurred unncessary fees that ordinary people pays.
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October 17, 2017, 07:31:32 AM
 #199

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?


beacuse bitcoin will destroy the current centralized banking system that only the oligarchs wins.
bitcoin is decentralized meaning the peoples money will not give a damn to the banks that incurred unncessary fees that ordinary people pays.

well i think they are the people who was poison on the word scam and they are now afraid of trying new thing that can really change thier life in a moment.i believe that they are now negative in all kind of transaction that is done through internet.maybe people will realise someday that  bitcoin is not really a networking that we have to build a neywork in order to gain from the refferal.bitcoin is an investment a work an opportunity.
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October 17, 2017, 07:57:49 AM
 #200

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?


beacuse bitcoin will destroy the current centralized banking system that only the oligarchs wins.
bitcoin is decentralized meaning the peoples money will not give a damn to the banks that incurred unncessary fees that ordinary people pays.

well i think they are the people who was poison on the word scam and they are now afraid of trying new thing that can really change thier life in a moment.i believe that they are now negative in all kind of transaction that is done through internet.maybe people will realise someday that  bitcoin is not really a networking that we have to build a neywork in order to gain from the refferal.bitcoin is an investment a work an opportunity.
well it is really true some people now a days will not really convince to believe in bitcoin they want to see first your earning before they drawn to believe. Or maybe they are lazy to do things in order to gain because they are not really a biycoin believer maybe they dont know what is bitcoin yet.or maybe as what everybody haved experience maybe they experience scam from the past.
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