Why are so many people against bitcoin?

[tiktak89]

Bitcoin still has a few drawbacks, and it has a great impact on people. They prefer to focus their attention on the negative sides of bitcoin, and therefore they have a very skeptical opinion about it.

[bitvelk]

Bitcoin is not just a currency that can be bought thoughtlessly. You need to understand the cryptocurrency, to know the mechanisms of its work. If you don't know all this, you just won't understand how it works and it will cause you to have a lot of distrust.

[mudasarali43]

I think some reasons that make dis-heart to the peoples,
one is the market situation, unexpected ups and downs in the bitcoin price,
and the second is some countries ban bitcoin that was create bad impact to the country holders because it become illegal for such countries,

[anjelaro]

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?

Not only people , now some countries are also against bitcoins . This is because of the fact that they want to control this system which is impossible now.

[jassanpary]

Bitcoin is not just a currency that can be bought thoughtlessly. You need to understand the cryptocurrency, to know the mechanisms of its work. If you don't know all this, you just won't understand how it works and it will cause you to have a lot of distrust.

As we all know bitcoin is a decentralized currency so any body or government cannot regulate the price of the bitcoin.And it is pretty difficult to route the reason of the price variation, might be dependent on the demand and supply.

[vivekyuvan]

Investors haven’t seen such high returns from other investments within such a short span of time. So many of them are tempted to try it out, hoping to make quick investment returns

[berick prima]

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 into the wrong hands?

I think I agree with you.
Many parties do not want bitcoin there.
Because they think bitcoin will threaten them.

[Ondre]

Because they thought all online investments are scam. They need to be educated properly. Information dissimination is very important for the mass people to know.

[rinkujaglan]

Many people against him because the government of many country not decided to implementation of cyrptocurrency of bitcoin. Another reason is that people were not aware about it. We all know the benefits of bitcoins and the profits behind it, i believe on BTC and it would become 1 no. best currency worldwide.

[Ezmael Wright]

I didn't know why so many people are against in bitcoin . But i have a idea why people against in bitcoin because they're thinking that bitcoin isn't true , they're thinking that bitcoin is just a scam . And also they're thinking that bitcoin is just a website that wants money fron scamming people. That what i think ..

[CJPEREZ]

many things that cause some people to counter the presence of bitcoin may see bitcoin prices erratic besides that many people who do not know how the system gets it and also bitcoin can be owned by anyone regardless of one's background

Yes because bitcoin is so fast to dump. They have many people or a big investor scared about it. But the history of bitcoin is they have a big dump but the percentage of being pump they have almost 200% pump in every year. But they have a people that interpret the bitcoin wrong it said bitcoin is a scammer but bitcoin is not a person.

[FUD Expert]

They believe that i's value is ridiculous or they believe that it should not have any value at all. In short, it's useless for them and they don't believe it will be the next generation of money.

[Antivoid]

Maybe many people  against bitcoin since they know nothing about bitcoin, because the are lack of knowledge about bitcoin. Actually when I heard bitcoin it is hard for me to believe, But my friend explain it to me and it enlighten my impression towards bitcoin and I guess that's what also those people needs, we should explain to them what bitcoin is.

[adifariz]

because they really do not understand what Bitcoin is, like how it works and the benefits they might get, they just need to be shared through specific details and deep insight so that they will understand it slowly because not everyone is a high intellectual or student of a time when bitcoin grow bigger, and gain exposure, I think the public will accept it more as awareness and dissemination of knowledge. then so they can easily understand all about bitcoin

[Sand King]

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?

Let's just accept the reality that there are and there will always be people who will be against bitcoin.  Maybe because they are scared of getting scammed.  Because nowadays we know that scam is a  very popular case especially to those who invests. This Probably is the main the reason why there are many people who are scared to be involved in bitcoin

[Jemcrew]

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?

Now i'm trying to understand why are so many people against bitcoin? is it the innovation that frightens them? the feeling of staying behind? the very fact that money will go to the wrong hands?

[roomboy85]

Maybe because they do not know about bitcoin that is why they think it is a scam. Even me before I thought bitcoin is not real but when I try to search or study what is bitcoin, I just said to my self this is real and this my time to become rich and I join in this organization.

[ajoygb]

There are many reasons to consider why many people against bitcoin , but one of the reasons and top reason is that there are  lots of scam around us.  So they are using bitcoin in scam that many people get into it and at the end they lost their money .  In the market bitcoin is in the top  so people are trying to use  the name to collect money and found out it is a scam.

[Joushi]

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?

Yes.there is so many people they do not trust bitcoin,probably that have little idea about bitcoin or have fear to involve them with it .They do not understand the benefits of bitcoin.
Let me  know your opinion am I right or not?

[Cling18]

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 that the reason why a lot of people hate bitcoin is because a lot of people are clueless about it's profit as well. Many are uneducated about bitcoin that they think of it as scam and fraud which actually a lose for them. People who hates it haven't had enough knowledge and information about it yet.