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Author Topic: Why are so many people against bitcoin?  (Read 19292 times)
Exeus
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February 16, 2018, 04:46:39 PM
 #1861

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?

Because they did'nt know what is cryptocurrency so thats they did not understand it well.They are afraid to invest their money that it will be lost due to its inflation of price in bitcoin.
That`s very usual problem for those who did not understand the cryptocurrency they are afraid to invest because they think that there profit might be lost if the price of the bitcoin will be dump.
SteinsGate
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February 16, 2018, 04:50:26 PM
 #1862

For me I think one reason is that they are too occupied from working the way they are now rather than to get their hands on something unsure of profiting.

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Glorious04
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February 16, 2018, 04:56:36 PM
 #1863

I think it is because they dont know much about bitcoin and they just listen to word of mouth that they are hearng from people who dont also know. Those hearsays that people spread make them against it. Or some are against it because they hear crimes being linked to bitcoin, scams and other illegal activites.

Bitcoin_Delivery
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February 16, 2018, 05:15:31 PM
 #1864

Those who hate bitcoin usually because they will get rivals when bitcoin will shine later on. this feared would be a rival for them. for example the bank is the one who rejects the existence of bitcoin. they continue to provide bitcoin informational disadvantages
Suguha
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February 17, 2018, 12:47:04 PM
 #1865

Yes, There's still a lot of people who are against or do not believe in bitcoin and what I think of is - it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment.
I think because they thinking that bitcoin is a scam that gives them idea that if they invest money to bitcoin they will be a victim of scam that they money will not go back to their hand thats why they are against to bitcoin.
Nasty23
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February 17, 2018, 12:52:28 PM
 #1866

Those who hate bitcoin usually because they will get rivals when bitcoin will shine later on. this feared would be a rival for them. for example the bank is the one who rejects the existence of bitcoin. they continue to provide bitcoin informational disadvantages
Yes they are the rivals who hate bitcoin because bitcoin can encourage many people to use its platform than using the other platform that can cause them lossing of incomes in their company. Bitcoin is very valuable because it haves a many uses that everyone of us can be able to use it without limitation.

micher143
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February 17, 2018, 12:59:24 PM
 #1867

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?


Layman's insecurity that is the reason why they hate it. They cannot hold it in their hands. It is intangible. They like holding paper, coins and plastic cards. All the old world stuff makes them feel comfortable. Bitcoin makes them uneasy and jittery. For they are not making any efforts to study it.
It is a subjective question answerable only by them. But we can make some speculations on why there are people not interested in bitcoin and prefer to stay in the old system of money transactions using paper bills and coins. Perhaps, they are not yet informed properly about the real advantage of bitcoin against the traditional money, or they might not even try to read positive reviews on bitcoin and instead listen to bad reviews made by bitcoin detractors.  
CoinboyBebop
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February 17, 2018, 01:05:07 PM
 #1868

If you go back in history, you will see its always the same. If there an new technology around, the most people are suspiciously. When the first cars came, Emperor Wilhelm II said that Automobiles are a passing phenomenon and will never replace the horses. And when you just look back some years, when the first smartphone cames out, the people where also suspiciously. So wee ened time, and in some years cryptocurrencies will be an allday phenomen which will be accepted by everyone.
canque31
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February 17, 2018, 01:14:57 PM
 #1869

If you go back in history, you will see its always the same. If there an new technology around, the most people are suspiciously. When the first cars came, Emperor Wilhelm II said that Automobiles are a passing phenomenon and will never replace the horses. And when you just look back some years, when the first smartphone cames out, the people where also suspiciously. So wee ened time, and in some years cryptocurrencies will be an allday phenomen which will be accepted by everyone.


There are lot of people who are against Bitcoin it's because they don't understand what we are into. They gave negative feedbacks even if they don't know what Bitcoin is. They don't want to see someone succeed. If only they open there heart and mind to accept Bitcoin there will be no misunderstandings with regards to what is Bitcoin.
MCM10
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February 17, 2018, 01:25:48 PM
 #1870

I think only people are lazy, monotonous, and do not know the progress of technology or do not want to succeed in life that does not like or fight this bitcoin. they do not know that this bitcoin will put themselves in the work and a lot of knowledge that they can get from this bitcoin.
CONOFLEX
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February 17, 2018, 01:35:54 PM
 #1871

I don't think they are against bitcoinI rather think they are afraid to take a change to  loose some money and also if you have friiends or family who  can showed them results some of them will try bitcoin
Jdragon6x6
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February 17, 2018, 01:39:20 PM
 #1872

Usually, those are the people that didn't have interested in bitcoin, and some people did not know or have any knowledge about bitcoin either. They didn't know the benefits and advantages that bitcoin could give. 
AymDoo
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February 17, 2018, 01:44:16 PM
 #1873

There are so many reasons. Many of the old school investors and bankers are against because Bitcoin poses a massive threat to their business and dominance. Other people are against because the do not understand the technology and its implications. And as any other great novel ideas, Bitcoin faced a great objection which in my opinion a very unique aspect of any revolutionary idea.
Joylee
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February 17, 2018, 01:51:03 PM
 #1874

Most people don’t understand it. Finally, and perhaps most importantly, a lot of people really have no clue what bitcoin is. But a misunderstanding about bitcoin, or a complete lack of understanding, could actually yield terrible consequences.
esprit man
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February 17, 2018, 01:52:06 PM
 #1875

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 have seen many people who do not believe in bitcoin. This is the truth of the matter. I talked to some of my close friends with bitcoin. It does not agree to any money that can be earned in the bitcoin without any capital. Because many people do not know about it, cryptocurrency does not know. So they do not want to risk, but rather disbelieve. Bitcoins have given legal permission to a few countries, but most of the countries have not given legal permission to Bitcoin. So the people of those countries do not believe in bitcoin. These factors can be major reasons for people to disbelieve bitcoin.
royalfestus
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February 17, 2018, 02:05:36 PM
 #1876

The reason for the worry on those who hates bitcoin, is that most of them are among the governing bodies of even the first world countries. The reason they hate it is because they cant influence and control the value, the decentralized factor which is an important purpose of the currency. I hope in the future there will be more powerful coin under strong project that a dispersed interest.

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babala
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February 17, 2018, 02:18:47 PM
 #1877

There were many people still against in bitcoin. They were not yet familiar on bitcoin nor dont have enough knowledge on bitcoin so they can not risk their money to invest on things that they dont know yet. There are still people who still against bitcoin even they were already knowledgeable on bitcoin due to high risk of lossing money.
9emb3lelit3
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February 17, 2018, 02:24:40 PM
 #1878

whatever it is, wherever it is and where it is, we know and hear the word pros and cons, this is life in the world. There are some countries that do not accept this bitcoin, and some accept it, these are the pros and cons. So my opinion, if anyone against this bitcoin, or dislike this bitcoin, is a person who does not want to advance for his own life, and will never want to know the technological progress in this world. Let them live in their monotonous world, which is important to me and all of you who use bitcoin will seek a better future, work independently and continue studying the world of investing, till then what we aspire to come from this bitcoin, and I will show I am what result I get from this bitcoin to those monotone people.
Jian_Liux
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February 17, 2018, 02:31:11 PM
 #1879

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 this is a matter of understanding, because maybe they have not understood well and true about bitcoin, they just see the flaws and weaknesses of bitcoin without trying to learn more advantages and advantages of bitcoin, I think there are always likes and dislikes. it's common but most importantly how can we benefit greatly through bitcoin and focus on what we think can change our lives better especially in our financial problems.
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February 17, 2018, 03:38:47 PM
 #1880

They are not that open-minded and they tend to believe things that they still do not understand are some kind of fraud or a way to scam other people is thru bitcoin. Bitcoin is one of the best invention of man. The blockchain technology behind Bitcoin is very revolutionizing which can open different ways for programs and platforms to further develop their projects.

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