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Author Topic: Why are so many people against bitcoin?  (Read 19288 times)
abutingting
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March 16, 2018, 05:55:29 AM
 #2381

Some people are against Bitcoin because those people don't have knowledge and of course they don't understand it at all. If they just knew how Bitcoin could help them to at least gain a small profit thru also a small investment as a start their mind set could just be easily changed. However, through social media I know these people will surely understand in due time on how bitcoin can help them unless they don't even know how to read and be keen on details with regards to Bitcoin.
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March 16, 2018, 05:28:25 PM
 #2382

They are against the bitcoin because they didn't understand that it is very helpful. It is not a big issue for me because we all know that everyone has its own opinion and we have a freedom to choose what we want...  In the first place it is their choice. It is our responsobility to show them they are wrong tho.
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March 16, 2018, 05:30:04 PM
 #2383

I do not know about all countries. But in India people are against bitcoin. Main reason that bitcoin is not legal medium of exchange. So they do not faith on bitcoin. There may be further reasons in India and outside India like:
 Investment is insecure
 There is not hard money in hand like paper, coins etc.
 awareness is also a reason. Most of people are not aware about it.
 Government does not support it.
 Big fluctuation in price.
 And others.
Topaz72
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March 16, 2018, 08:02:02 PM
 #2384

They are against bitcoin because bitcoin technology is to bring honesty, fairness and transparency. If bitcoin is applied and widely used, it affects their benefits. Or that bitcoin is bringing great attention to the world community and they will easily be forgotten by conventional gadgets. Cheesy

bitcoin already has very good effects on the life of people but they are not accepting it and they are against bitcoin so it is their own fault no one can make them stay away from bitcoin, they are lack of knowledge we should give them some knowledge and our discussion with them related to bitcoin will increase their interest and they will like bitcoin for high amount of profit and not only present but their future will be save using bitcoin, now the demand is very high so number of haters are very few percent and most of people like bitcoin.
teejayrichard2
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March 16, 2018, 08:38:02 PM
 #2385

so many people are against bitcoin because they really don't understand the principles behind it. some are just scared about it being too skeptical to invest because they feel prices may crash at any time while others are government who go against it because it opposes the use of fiat currency, offering a more transparent means of transactions.
EinaiOraCoinDev
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March 16, 2018, 08:56:29 PM
 #2386

I think the media should largely be blamed for the negativity being expressed by people towards bitcoin. It often paints it to the general public as a get rich  quick scheme with often disastrous aftermath which should not be dabbled into. Furthermore, the daily news about central banks  banning or threatening to ban it does little to assuage the fud cloud hovering above our heads.
Legendari
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March 16, 2018, 09:32:50 PM
 #2387

I think these people just don't understand what blockchain technology is and fear it.

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sulec70
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March 16, 2018, 09:37:15 PM
 #2388

Actually people are not against bitcoin only those who against bitcoin because of less knowledge about bitcoin . And also people those who invest more in bitcoin without knowlege and those who get loss from bitcoin they only will against bitcoin.
coinkeke
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March 16, 2018, 09:56:50 PM
 #2389

Maybe they are afraid of cyrpto moneys. Or maybe they have invested in other things and don't like bitcoin so don't want rise of bitcoin. Yes so many people against bitcoin but so many people support bitcoin and so many people bought bitcoin
AnnaGeraMsk
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March 16, 2018, 10:11:40 PM
 #2390

My opinion is not people against bitcoin, but certain interested persons who experience capital outflow from their businesses pay attention to news that the news background was negative!
franzkie345
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March 16, 2018, 10:24:51 PM
 #2391

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 is not they are against to bitcoin but how to accept and recognize bitcoin. They just don't accept it because of the thought that btc is a scam they do not do some research that btc helps them to earn money.
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March 16, 2018, 10:31:27 PM
 #2392

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 bitcoin and they hate it because they didnt know the truth. The truth is bitcoin helps many people especially to those who are unemployed to have a temporary job that makes him or her earned a money to fulfil their daily needs. They didnt know that because the first thing that came to their mind is bitcoin is used in illegal things.

Ricaking
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March 16, 2018, 10:44:37 PM
 #2393

For me they are not against bitcoin, they dont know about btc or It's either them having missed out which in some cases can turn into form of hate. Or they lack knowledge to understand something,bitcoin is a significantly revolutionising currency and there is nothing about feeling hatered with it. Some people may be unaware of its privileges, or getting jealous over success of other people.
jack8989
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March 16, 2018, 11:14:48 PM
 #2394

For me they are not against bitcoin, they dont know about btc or It's either them having missed out which in some cases can turn into form of hate. Or they lack knowledge to understand something,bitcoin is a significantly revolutionising currency and there is nothing about feeling hatered with it. Some people may be unaware of its privileges, or getting jealous over success of other people.
Yes, people are afraid of what they can't see or understand and Bitcoin is one of those cases. they're too afraid of it becuase it's new technology, people can't truely understand it and rather keep talking shit about it then researching about it.
That's really sad and lazy people.

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March 16, 2018, 11:17:42 PM
 #2395

I do not think they're against bitcoin, it's just that I think they have not been able to accept that bitcoin is the newest investment that will give investors a huge profit in the future.

davidwu1212
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March 17, 2018, 03:00:43 AM
 #2396

Because they don't understand the true meaning and value of bitcoin.
Jake Virus
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March 17, 2018, 03:33:58 AM
 #2397

I do not think they're against bitcoin, it's just that I think they have not been able to accept that bitcoin is the newest investment that will give investors a huge profit in the future.
For me there so many people are against on bitcoin because they dont know the real benefits that they can get with bitcoin, and i think a lot of people are against on bitcoin because the price of bitcoin was not stable and it decreases its value very high. That's why many people are starting to be against on bitcoin.

Freyya08
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March 17, 2018, 06:17:15 AM
 #2398

Well, i think because they didnt understand how bitcoin works. They dont know that bitcoin could offer to change their lives. And in social media there are a lot of fake news spreading. Many people got easily scared of being scam. Maybe thats why.

Nyeyzel
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March 17, 2018, 07:31:40 AM
 #2399

I think it is because they think that bitcoin is just a scam on the internet. They don’t want to explore digital currency worldd. And in some country government is the number who are against on bitcoin, so the people are just following the rules of their government. While some who know bitcoin already experience scam.
Kita Kita
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March 17, 2018, 07:39:03 AM
Last edit: March 17, 2018, 07:54:03 AM by Kita Kita
 #2400

More than 90% of the population in the world do not understand or even heard about bitcoin. Also most people just believe in what the media and popular people says.
I think being lack of knowledge of a lot people is the reason why they are against on bitcoin, and we all know that in this world not all people is knows the real benefits that they can get when they will try bitcoin, and they dont know how to use bitcoin thats why there are against on it.

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