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Author Topic: Why are so many people against bitcoin?  (Read 18412 times)
_Legendary_
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March 07, 2018, 12:14:00 PM
 #2201

They are against bitcoin because they do not understand bitcoin, all they know is bitcoin banned in many countries and have no future so they do not care about bitcoin, if they want to know bitcoin then they will change their thinking.

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March 08, 2018, 05:44:41 PM
 #2202

Maybe because they dont understand, and they afraid about the security, they trust the things they hold personaly like cash, and ofcourse the media, they always state the negative sides of bitcoin, even there are lots of advantages of having a bitcoin.
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March 09, 2018, 01:46:24 AM
 #2203

Maybe because they dont understand, and they afraid about the security, they trust the things they hold personaly like cash, and ofcourse the media, they always state the negative sides of bitcoin, even there are lots of advantages of having a bitcoin.

Mostly people I know love bitcoin because they understand very well how bitcoin help our economy. So far I haven't met of someone yet who hate bitcoin. Only those on the opposite side who hate it because they will always say something against bitcoin inorder for them to become the next famous cryptocurrency.

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March 09, 2018, 03:44:07 AM
 #2204

I don't think that they are really against Bitcoin. Maybe they just lack knowledge about it. These people they do not know the value and important of bitcoin in life. But in future everyone will understand what is the bitcoin but now it is hard to them to understand about bitcoin.
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March 09, 2018, 03:57:27 AM
 #2205

There's no way or reason to hate bitcoins. I honestly said they're unaware or maybe it might possible someone give them wrong information and that's why they start hating it. Before blaming bitcoin they should try it and i believe bitcoin will prove them wrong as if they invest in bitcoins, they will be in benefit.
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March 09, 2018, 11:16:57 AM
 #2206

There's no way or reason to hate bitcoins. I honestly said they're unaware or maybe it might possible someone give them wrong information and that's why they start hating it. Before blaming bitcoin they should try it and i believe bitcoin will prove them wrong as if they invest in bitcoins, they will be in benefit.
Bitcoin has no fault, the fault at here is by the greed of investor.
Many people want to have profit from Bitcoin while no one wants to becomes the loser Roll Eyes, it is against the rule of a financial market like cryptocurrency market.

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March 09, 2018, 11:19:10 AM
 #2207

Bitcoin is the godfather of crypto, you can either hate it, or love it. I love it personally.

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March 09, 2018, 11:22:42 AM
 #2208

Some people are against bitcoin, because they don't undersand what is it. The banks and most of the politicians hate bitcoins because it might affect their business.
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March 09, 2018, 11:57:54 AM
 #2209

Some people are against bitcoin, because they don't undersand what is it. The banks and most of the politicians hate bitcoins because it might affect their business.

In my country a lot of politicians are investing their own black money in bitcoins. This is the reason they have not made any law against the bitcoins here in 8 years as it will require shutting down all the local exchanges. They do not need to worry about the tax part as well as they have multiple servants and their KYC which they use for registering multiple accounts on these exchanges and then invest through these accounts. In countries where politicians are banning bitcoins, they are doing injustice to middle class which can benefit a lot from it.
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March 09, 2018, 11:58:32 AM
 #2210

I think many people are against bitcoin  because they do not want to know or accept it. They are less knowledge about bitcoin or they had bad experience that happened because of bitcoin. Even there are people that against it, there are still lot of people love it.
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March 09, 2018, 12:03:21 PM
 #2211

They dont know about bitcoin and they just know bitcoin is currency to trade some illegal stuff on deepwe b. Maybe if people know about bitcoin they will accepted
As people says. When you don't know you can't love it.

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March 09, 2018, 12:09:50 PM
 #2212

I personally think, that there are many people that is against bicoin because they taught that bitcoin is a scam, moreover this can be changed if there are proper lessons and understanding to bitcoin
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March 09, 2018, 12:20:13 PM
 #2213

Positively, bitcoin is becoming accessible by the common man and they are seeing proves,but the fear of what mmm did and other online transaction that failed, or persons got scammed, through online biz,it got persons thinking that bitcoin is a scam..

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March 09, 2018, 12:21:18 PM
 #2214

There's no way or reason to hate bitcoins. I honestly said they're unaware or maybe it might possible someone give them wrong information and that's why they start hating it. Before blaming bitcoin they should try it and i believe bitcoin will prove them wrong as if they invest in bitcoins, they will be in benefit.
Those who hate Bitcoin are those who can not make a profit, especially those who buy Bitcoin for $ 20,000 when they are very angry with Bitcoin. First of all, those who can not control the investment, should not invest in Bitcoin.



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March 09, 2018, 12:27:51 PM
 #2215

Positively, bitcoin is becoming accessible by the common man and they are seeing proves,but the fear of what mmm did and other online transaction that failed, or persons got scammed, through online biz,it got persons thinking that bitcoin is a scam..

Exactly false advertisements as pyramid schemes, MLM, Network marketing etc. and all make false advertising and promotion, which is finally impact on loss of equity of common user who is still not aware what is bitcoin.

Its clearly shows that lack of knowledge. If we see literacy of total world and percentage of literate tech users is very few. Bitcoin is still in development phase, soon governments, corporate even start ups and individuals also move towards blockchain technology. Its just beginning.

Now its up to user as how they treat with all these things. weather they accept or not, its just matter, nothing else.

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March 09, 2018, 12:36:26 PM
 #2216

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 it because they don't understand how it works.  Bitcoin shows a rapid growth, like a bubble that can burst at any moment.
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March 09, 2018, 12:38:59 PM
 #2217

I don't think that they are really against Bitcoin. Maybe they just lack knowledge about it. These people they do not know the value and important of bitcoin in life. But in future everyone will understand what is the bitcoin but now it is hard to them to understand about bitcoin.
I completely agree with you mate. Those people are not against they're just hesistant to invest in bitcoin maybe they do not know how to work it out to have a financially rewarding result. Or simply maybe no one told them how important bitcoin is in their lives.
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March 09, 2018, 12:41:59 PM
 #2218

Some people think bitcoin will not ensured there investment. They not know how to use also. The biggest value is bitcoin for me because there is time that btc currency get higher. You only must wait for the right time. And thats my
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March 09, 2018, 12:58:48 PM
 #2219

You may as well can ask a question "Why was Giordano Bruno burnt at the stake?". That's all because of people's ignorence.
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March 09, 2018, 01:13:39 PM
 #2220

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 they are just scared to lose their money or scared that bitcoin is just a bubble, scam or illegal. This topic is interesting as it talks about two people, those who believe and those who do not, well it depends on them if they want to change their life in more faster way than having a monthly salary paid jobs. One major factor why some people don't trust bitcoin is because of scattered scams in the internet.
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