Why are so many people against bitcoin?

[mackhoy]

There are many reasons why some people are against bitcoin but I am pretty sure that they are not totally against, maybe they just don't believe it. I don't think that people will be against from the thing that will supply them a good wealth. Maybe they are just lack of knowledge about the bitcoin. Some of my friends too are hard to believe this thing unless they see a proof, as of now they think a lot of negative things in bitcoin since they didn't see any proof yet. I cannot show it to them for now since I am still waiting for the right value before I trade mine so I am just waiting for my time until they saw me as a living proof.

[cabitu]

I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.

[CJPEREZ]

I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.

The solution for the people who against bitcoin is to make a study about the bitcoin world. They need a proof that bitcoin can be earn without any investment. Bitcoin is not a scam if you ate earning without investment but if you will invest and the developer run away your money that is a scam we are here a free earnerd that earning in a bounty campaign.

[Caesar Cung]

I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.

The solution for the people who against bitcoin is to make a study about the bitcoin world. They need a proof that bitcoin can be earn without any investment. Bitcoin is not a scam if you ate earning without investment but if you will invest and the developer run away your money that is a scam we are here a free earnerd that earning in a bounty campaign.

So... Anyone who thinks cryptos are somehow special or unique as an asset class or immune to bear markets?

You're ALL in for a bad time.

Probably not today or tomorrow... But someday.

Bear markets happen. They happen in EVERY asset class from currencies to precious metals to real estate. Why a honest would view cryptos as immune is beyond my ken.

You shouldn't be trying to rationalize why you view cryptos as this amazing super asset that is somehow immune to the problems of similar asset classes such as currencies.

Instead you should be focusing on prudent investment habits such as diversification, responsible investing, dollar cost averaging, and so forth.

A lot of people are in for a very bad time and I hope they wake up before they shoot themselves in the foot.
Price bitcoin is down now

[justin0062]

 They became against to bitcoin maybe because they lost a lot of money to it and they didnt become successful in their life.

[Aprilperez1]

If you see the development is very remarkable but on the other hand the existence of bitcoin is still not legal and many people who do not memgetahui system but what happens in our country is a phenomenon especially in the government is very busy discussed and until now is still a hot topic and hopefully can give a good way for every country and can soon legalize bitcoin and one more thing for those who oppose bitcoin someday will feel also how nice if we have bitcoin and can be a job.

Yes the bitcoin is from the deep web that mr satoshi created the bitcoin use by the bad people it is use as money laundry so because of the blockchain the transaction can be trace.

[webmone]

There are a lot of people who missed the boat and keep parrotting the most idotic things like "Bitcoin is only used by drugs and murderers" just to cope with their own mistake.

Then there are banks and politicians who say the same things because it's in their interest to make Bitcoin look bad. 

For me cryptocurrencies and Bitcoin exceptionally is a way to freedom. And I don't fear this tool. This is a great opportunity to improve yourself. With electronic money I make transfers all around a world without any problems.

[lelylely]

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 could be that lack of knowledge of bitcoin makes them fight bitcoin. I guess that does not last long, because when they know the benefits of bitcoin they will receive bitcoin.

[dmamigo]

There are a lot of people who missed the boat and keep parrotting the most idotic things like "Bitcoin is only used by drugs and murderers" just to cope with their own mistake.

Then there are banks and politicians who say the same things because it's in their interest to make Bitcoin look bad. 

For me cryptocurrencies and Bitcoin exceptionally is a way to freedom. And I don't fear this tool. This is a great opportunity to improve yourself. With electronic money I make transfers all around a world without any problems.

Mostly people who knows less about it, claims things against Bitcoin, even all form of cryptocurrency. Also few people I know, fears volatility, which makes them think its a scam. Mostly lack of proper knowledge makes people go against it. And top analysts and Investor like Buffet who gives there views against Bitcoin specially, makes them believe there beliefs more strongly.

[l0uisStanley]

Many people are against bitcoin because they are afraid of unknown. Maybe they think they will loose everything

[barabut]

Mainly they are afraid of fraud, in general to loose everything. It is very dangerous to invest in crypto currencies without having due diligence to avoid ponzi schemes, pump & dumps etc. especially for the newbies.

[An0nyMoose]

The banks are against it because it threatens their hegemony. The governments are against it cause they don't have any control over it. And the rest of the people who are against it are someone who loses something due to Bitcoin or cant understand what Bitcoin is.

[yourialfa]

I think they are not hating but lack understanding of the bitcoin knowledge. They are only people who do not understand what is blockchain and others. Or even those people who envy us bitcoin users because they do not have bitcoins. No need to be bothered by people who hate bitcoin. Or maybe they are some people who feel unsuccessful with bitcoin and lose most of the money due to bitcoin. Just continue what we have started and do not think about the haters.

[Galahad111]

There are a lot of people who missed the boat and keep parrotting the most idotic things like "Bitcoin is only used by drugs and murderers" just to cope with their own mistake.

Then there are banks and politicians who say the same things because it's in their interest to make Bitcoin look bad. 

For me cryptocurrencies and Bitcoin exceptionally is a way to freedom. And I don't fear this tool. This is a great opportunity to improve yourself. With electronic money I make transfers all around a world without any problems.

Mostly people who knows less about it, claims things against Bitcoin, even all form of cryptocurrency. Also few people I know, fears volatility, which makes them think its a scam. Mostly lack of proper knowledge makes people go against it. And top analysts and Investor like Buffet who gives there views against Bitcoin specially, makes them believe there beliefs more strongly.

I think fluctuation scares most to the people. There is nothing to worry about the security of the technology and on top of that, Bitcoin is also offering several benefits over traditional fiat system so there is no issue of insecurity in the possession of the value. Since there is no central controlling authority, the possibility of anarchy is another reason to oppose for some people.

[Dmitry.Vastov]

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 guess, all these negative rumours about BTC is all because of wrong publicity by the media and in many countries, government also plays a negative role in publicising BTC. Though BTC is very unique and innovative idea and it got the interest of millions of people towards itself because of its numerous benefits but still there are thousands of people who are still unaware of benefits of BTC but in the coming future, I am definitely sure that everyone will be using BTC.

[_noname_]

Truth be told, the general population are not that much acquainted with advantages of having bitcoin they believe that any kind of mishap can happened and our cash will be misfortune which isn't the really case its a trusted cash evry one who can comprehend its value have put a great deal in it. These are the general population that wouldn't like to encounter the change we are having. These are the general population who are pitiful in light of the fact that they begrudge us of knowing about the cryptographic money we are examining.

[sicnarfkswiss]

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?

those people spreading fake news against bitcoin is bitcoins competitor faking news to make their coins improve, paid media man or paid netizens because if they are not then why are they always faking news.

[Lorin]

They don't have enough enough knowledge and the most reason why they hate Bitcoin because of some news that Bitcoin was engage in different criminalities.We cannot olease everyone to like Bitcoin but  if they really know what Bitcoin can do to them and their life they don't hate it.

[LongjumpingBrother]

Haha! Following this thread.

[miti bounty12]

That's probably the bottom of the ocean, who is it? I think banks and governments will lose a lot of profits if Bitcoin and other currencies succeed,