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Author Topic: Why are so many people against bitcoin?  (Read 19296 times)
Suleimani obrek
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April 08, 2018, 05:54:29 PM
 #2721

Yes, There's still a lot of people who are against or do not believe in bitcoin and what I think of is - it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment.
I agree with you ... the people do not believe it possible because people have not've known ... If it s possible people would've known bitcoin believes that bitcoin is real
shaadsufi
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April 08, 2018, 10:32:58 PM
 #2722

Its because they do not want the world to adopt this latest technology of blockchain because it will affect their currency because they do not like bitcoin. So they don’t want bitcoin to become successful so that is why they talk bad and are against bitcoin.
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April 09, 2018, 02:09:34 AM
 #2723

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 the main reason why people are against bitcoin because they lack of information to further understand this kind of innovation that has brought up to modernized the traditional way we are into the currency time since then. Maybe you are right that they are afraid of this kind of innovation that maybe they are thinking that this kind of existing currency can bring people's money into wrong hands because it is still unknown into who is this man behind this cryptocurrency.

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Crislyn4116
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April 09, 2018, 02:20:19 AM
 #2724

Some of the people in our country know about bitcoin but they have some ideas that hate about bitcoin. They share there bad experience in bitcoin. So they have people believe about they say and have been angry about bitcoin. So they have some people against bitcoin about the bad experience.

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April 09, 2018, 02:25:33 AM
 #2725

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?


People are always scared of change form the status quo and the fear always stems form the older generation.  This fear is also propagated by the same people/institutions that bitcoin is aiming to disrupt such as the banks.  So when uneducated people begin hearing these rumors about bitcoin such as it being a ponzi scheme or a scam, they start to stray away from it because they dont know any better.  If more people took the time to see what crypto is all about then there wouldnt be this fear and hatred for it.

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Wyne
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April 09, 2018, 02:40:04 AM
 #2726

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 there are many reasons behind their negative attitude towards bitcoin and below are some reasons:

1.  They might experience to be scammed by other people.  So, their painful experience turns them to pessimistic about new ideas.
2.  They just do not have enough knowledge about technology so they will really not understand how crypto works.
3.  They are too old or too young to understand the crypto.
4.  They are scared to changes and new things.
5.  Nobody is willing to educate them about crpto.

sukma2013
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April 09, 2018, 02:55:39 AM
 #2727

why so many people fight bitcoin?
basically people who contradict bitcoin because they have no basic or extensive knowledge about bitcoin, they are afraid of getting a loss. do not understand whether the bitcoin is safe or risky.
s.mahmood
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April 09, 2018, 06:26:30 AM
 #2728

A lot of peoples still now don't believe bitcoin even against  of bitcoin.Major portion of them doesn't know what is bitcoin another small portion isn't same, they know bitcoin but seem to me they afraid to invest into bitcoin of getting loss even don't understand whether btc is safe or risky.
Flayme
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April 09, 2018, 06:37:02 AM
 #2729

Because they didn't  understand well about bitcoin...  We cant do anything about it....  If they want to learn they are the one who will pursue it not us...  But we should  encourage them to join here because BTC is good...
ipbitrung01
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April 09, 2018, 06:46:02 AM
 #2730

Bitcoin is a new market,  Bitcoin is well known for its low price, slow access features, poor security, and so affecting their lives and families. They may be investors or relatives of investors. On the other hand, non-governmental functions, which do not use real names in transactions, lead to the status of terrorists using Bitcoin to pay for the saboteur ... Perhaps because of that, there are many people against Bitcoin. But I believe that with the perfection of Bitcoin, the understanding of this new market investor is that the resistance to Bitcoin is no longer a substitute for the enjoyment of Bitcoin.
fernandocm
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April 09, 2018, 07:33:08 AM
 #2731

They are so many people against bitcoin for some sevaral reason some of them they lack knowledge about it. And I dont think that there were lot of them, people who actually against it are those who were left behind or those who just knew about it. If someone is not into bitcoin he will not loss anything, but anyone who is into bitcoin he gain everything. There is no reason to be against with bitcoin, the only reason would be personal interest or a group interest that might possibly bitcoin becomes a threat to them.
rightway00372018
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April 09, 2018, 07:55:28 AM
 #2732

They are so many people against bitcoin for some sevaral reason some of them they lack knowledge about it. And I dont think that there were lot of them, people who actually against it are those who were left behind or those who just knew about it. If someone is not into bitcoin he will not loss anything, but anyone who is into bitcoin he gain everything. There is no reason to be against with bitcoin, the only reason would be personal interest or a group interest that might possibly bitcoin becomes a threat to them.


Yes there are people against bitcoin. I think tbose only people affected by current crisis of the market who sell there bitcoin due to panic and did not earn there expected income.
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April 09, 2018, 08:07:06 AM
 #2733

Some people are against bitcoin because they don't actually understand it and maybe because of what they heard about it, they always think that this is a scam but if they will search and understand truly about bitcoin they will realized that bitcoin can help a lot to users.

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ClackKendi
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April 09, 2018, 08:58:30 AM
 #2734

Some people against bitcoin because they do not yet understand the value of bitcoin. They fear bitcoin will cheat them and their family, they do not yet see the nature of the bitcoin investment as well as the ico programs.
lehuong
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April 09, 2018, 09:28:41 AM
 #2735

Many people against bitcoin because they are afraid of bitcoin, and bitcoin will cheat them if they spend money to buy bitcoins online, of course because they do not understand all bitcoin programs and also have some cheaters. The island took advantage of it to secure their possessions. But that is a few, bitcoin is a healthy playground
Rrtt
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April 09, 2018, 09:34:53 AM
 #2736

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?


For me i think they are not against bitcoin. They are hesitant because of lack of information. Money is very valuable so it is hard to lose them in bitcoin. There are also reports of hackers and scammers. The fake news circulating is also a big factor.
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April 09, 2018, 10:10:40 AM
 #2737

They mostly refer to bitcoin as something like a bubble, or a scam or much worse, ponzi scheme mainly because they couldn't believe something as digital as bitcoin could hold such immense price that it could be considered as a currency if only the value was stable.
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April 09, 2018, 12:21:45 PM
 #2738

many of those people you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in most of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin and made alot of purchase. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make huge amount of money.
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April 09, 2018, 12:37:09 PM
 #2739

Most people don’t understand it. Finally, and perhaps most importantly, a lot of people really have no clue what bitcoin is. But a misunderstanding about bitcoin, or a complete lack of understanding, could actually yield terrible consequences.
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April 09, 2018, 12:39:40 PM
 #2740

I will like to say that most of the people that hate or are not comfortable with bitcoin are people who are in one way or the other working in the traditional banking sector that is being regulates by the authorities. And that the blockchain technology overwhelms the global banking sector and operations is enough reason to make the technology be hated by the financial institutions that believe they should be in total control of the sector.
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