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Author Topic: Why are so many people against bitcoin?  (Read 19292 times)
GalaxyWorld
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February 17, 2018, 03:47:18 PM
 #1881

I think many people are against bitcoin because of its security. Because when they are hacked, they do not know who to report or who to call, and who will be the protector for them. But if they know how to secure multiple layers, I think they will be able to believe in bitcoins.

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KrisAlex18
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February 17, 2018, 03:50:43 PM
 #1882

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?

If something is gaining much attention, it is expected that a lot of people would start bashing it and throw negative comments. The simple reason why some people hate bitcoin is because of the fact that it has been gaining much popularity nowadays. They are against it because they are not getting the favor from it or they are not gaining benefits from it that's why they try to persuade other people to dislike bitcoin.
HimalaCryptoo
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February 17, 2018, 03:51:18 PM
 #1883

they dont know about bitcoin.becouse they are dumb
babu1989
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February 17, 2018, 04:21:30 PM
 #1884

people don't know the value of bitcoin advantages and benefits . people afraid to loose their money but when people invest for long term they will see the best results and good grow.
Verdika90
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February 17, 2018, 04:26:47 PM
 #1885

because bitcoin is not regulated by a central bank, the process of shipping from one account to another does not need to go through the bank, no need to be reported to any party, and no taxes are required, as the circulation is not regulated by the government in any country. and bitcoin has an unstable (speculative) value and does not include legal tender.
Coinlover9
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February 17, 2018, 04:32:25 PM
 #1886

Because they have high stakes in alit and want to buy more and that's why they are trying to manipulate the market by spreading lies about it.its all about the profit and u can't have that without creating panic among the investor's.
scrototeabaggins
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February 17, 2018, 06:26:59 PM
 #1887

People with average knowledge about Bitcoin do not care about negative ideas. The main problem is that the society does not have enough knowledge about the blockchain system.
DominRx
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February 17, 2018, 07:52:24 PM
 #1888

People are against bitcoin, because they do not know what he is like! If they tell what it is and how it can change the world, they will buy it themselves.
Cassandraa9
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February 17, 2018, 08:05:42 PM
 #1889

Yes because they dont believe that your money will get times 4 or 10 the value will have
crisasimo10
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February 17, 2018, 08:09:24 PM
 #1890

No one is actually against Bitcoin. It's either them having missed out and thus are heavily disappointed, which in some cases can turn into a form of hate. Or they lack the knowledge to understand something, wich again can turn into a form of hate. In both cases it's nothing more than a lame attempt to cover that person's own weakness/stupidity/ignorance - that directly goes up for banks and governments as well. From banks and governments I already know that nothing will change, but when it comes to people, it all comes down to education. If they understand what Bitcoin is, what decentralization means, and the freedom that comes with it, they eventually will change their way of thinking, I am sure of that.


I totally agree with you. No one is against bitcoin, but in fact,  they wanted to take advantage of it, but the only problem is that they are ignorant about it which makes them go against it. And its true that all they need is to be educated so that they can fully understand and would be aware of its potential as a next generation currency. Good job!
KBMBISUKI
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February 17, 2018, 08:12:09 PM
 #1891

I think many rather like bitcoin than those who hate it
Siddela Sarat Kumar
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February 17, 2018, 08:15:39 PM
 #1892

People are mainly against it thinking of it being a bubble. And few people these days are mainly scared by the recent drop in the price of bitcoin which is inturn making them root against bitcoin.
Georgi99
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February 17, 2018, 08:16:16 PM
 #1893

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 believe people have become afraid of bitcoin due to the rapid growth of the crypto market. Every day, unknown cryptocurrencies appears , which grow at times every day. Bitcoin is at the moment froze, but soon will pleasantly surprise its owners. Do not be afraid of bitcoin, and if this happens, then there is no sense to participate in the crypto market at all. Every day there is a fall and growth of other cryptocurrencies, but everyone talks only about it, not noticing the rest.
Skieleton
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February 17, 2018, 08:19:32 PM
 #1894

people don't know the value of bitcoin advantages and benefits . people afraid to loose their money but when people invest for long term they will see the best results and good grow.

The problem is the lack of legalization and very big problems with maintaining the price. The BTC price is very hesitant for some time. It's hard to talk about safe investing in such a situation.
LuvCyanide
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February 17, 2018, 08:23:36 PM
 #1895

Against bitcoin only those people who have invested and lost money on it, because they do not know how to trade. And those people who can not buy it for any reason. They are more likely to gloat). Some people have  invested in the pyramid in the past and now they  think that Bitcoin is a pyramid scheme. And it'll collapse someday.

rehydrogenated
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February 17, 2018, 08:31:27 PM
 #1896

I think a better  question is why are people *still* against bitcoin. Right now people see FUD headlines about price instability and they assume bitcoin can never be a useful currency. Obviously this is untrue and the ability to deal with price swings has changed and will continue to improve. Most people don't even understand computers. Try explaining blockchain technology to someone who thinks his web browser is MSN because his home page defaults to msn.com

One day, as people see blockchain technology actually changing their lives they will understand and love it. Of course, for most people the technology will always be in the background.
Addywealth
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February 17, 2018, 08:35:07 PM
 #1897

Change is the first enemy of change itself, people are afraid of change but change is inevitable. So many people are against bitcoin because they don't understand the intrigue of it, some hate bitcoin because its probe to fraud, cybercrime, no physical organization moderating it.
Lovemae
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February 17, 2018, 10:02:10 PM
 #1898

Because they didn't know. How bitcoin really important  to the others. Then sometimes the all basher is the reason...       
Nkan25
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February 17, 2018, 10:03:34 PM
 #1899

Bitcoin is a disruptive technology that will disrupt the middle men involved in financial instutions and threatens those rich people's lively hood. Until those people stop resisting their will be some strong opposition
uchiikina14
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February 18, 2018, 01:16:38 PM
 #1900

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?


Sone people against the btc because they don't agree and believe on btc, they say that btc is not existing because they don't see it then they don't believe on difital currencies. Some says that btc is just a scam they don't want to risk their money. No one can see the resukt if you don't risk on something.
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