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Author Topic: Why are so many people against bitcoin?  (Read 19294 times)
Boov
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April 15, 2018, 06:29:04 AM
 #2921

which I experienced, there are people around me who are not opposed to the existence of bitcoin. Even those who do not know about bitcoin, consistently ask and study it directly. So we can form a community that benefits the environment around where we live.

Here in the Philippines, There’s a news that there is a a person who scammed almost 1 billion pesos in a investment site and Bitcoin is involved. I think that many people are disappointed to bitcoin and it is a bad news for bitcoin and There’s a groups of peoples saying that Bitcoin is scam while they dont know that Bitcoin is not a scam and they are using bitcoin to scam people.
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April 15, 2018, 06:55:30 AM
 #2922

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 afraid to bitcoin, because  they don't enough knowlesge before they engage in crypto world, some believes that it is a scam and might get lose what they invested if they did some. Some of my friends are not beleiving on what I said to them about bitcoin, they told me that I was just joking, yes, it is hard to explain to them but I just want to share them what I learn from here.  There are so many againts to bitcoin and what they needed is education about this currency maybe there is a chance that they can understant it.

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bman01
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April 15, 2018, 07:10:43 AM
 #2923

No one wants to accept the new things. All the people wants to grab his root. But the people who loves to accept the new challenges gain at final stages. And there is some people who always whisper behind you. So there is nothing worried about the people who are against BTC.
Eureka_07
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April 15, 2018, 07:54:07 AM
Last edit: April 15, 2018, 08:12:12 AM by Eureka_07
 #2924

For me, some people are against bitcoin because they think that bitcoin is a scam and the money that they will invest will be gone, and also they think that the time that they spend will be wasted and go to nonsense things. They are against bitcoin but we are here to prove to them that if they don't believe it then experience it to believe.

LadyCoin
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April 15, 2018, 08:23:22 AM
 #2925

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?

Some people against bitcoin because they haven't try it yet how bitcoin  great full it is and how bitcoin change their lives
I think they are afraid of Bitcoin because they feel rivaled with the Bitcoin technology that people are passionate about.
Imagine we can do large amounts of transactions with only a short time and very cheap taxes.
and Bitcoin's excellence is greatly feared by the Bank's parties etc.
Legone
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April 15, 2018, 08:52:59 AM
 #2926

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 some other governments and other banks institutions are likely against of bitcoin, because it is impossible for them to manipulate it.
Veerraa
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April 15, 2018, 08:59:39 AM
 #2927

which I experienced, there are people around me who are not opposed to the existence of bitcoin. Even those who do not know about bitcoin, consistently ask and study it directly. So we can form a community that benefits the environment around where we live.
Techno012
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April 15, 2018, 10:00:33 AM
 #2928

I think it's bitcoin that touches the interests of many people. Some people control a lot of wealth and power, and they don't want bitcoin to appear. Because bitcoin is likely to reduce their wealth, they don't have many advantages in front of bitcoin.
Roksodhon
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April 15, 2018, 10:35:18 AM
 #2929

I guess they against in bitcoin because they think that it is scam but the truth is it not scam. If they know what really bitcoin is maybe they will support bitcoin.
TiffanyLien23
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April 15, 2018, 10:43:13 AM
 #2930

Eventhough there are more people love Bitcoin including me, but we cant control that there are a lot of people who hate Bitcoin for some reason. Maybe because of the lack of knowledge about BTC or they thinks bitcoin is a scam because of the negative feedback they get from negative people or even at the fake news that spreading out to social media.
Csomayor
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April 15, 2018, 10:48:07 AM
 #2931

The reason why people are against bitcoin is because they are not informed about crypto currency and I he market system and profit part of bitcoin
Merjay18
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April 15, 2018, 10:51:15 AM
 #2932


Most people have been misinformed about Bitcoins, there are lots of negative news and information about BTC with governments cautioning people against its use. this has made more people uneasy about BTC
Well we cant force someone to believed in bitcoin,But I dont get the point why they hate bitcoin that much.I think maybe because  they  recieved wrong information and heard negative issues about bitcoin that mybe the reason why they hate bitcoin or maybe  some where victims of what we called bitcoin scams.But hopefully this misunderstanding of people towards bitcoin can be fixed as early as they can.So that many will enjoy the benefits of bitcoin.
Marvelio
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April 15, 2018, 11:07:45 AM
 #2933

ordinary people who can not accept rapid development, many people are not against bitcoin because they are people who are very enthusiastic about the development of modern times. I think this is very amazed because we can invest and even transact in some places for bitcoin and do not need cash for transactions.
they actually invest a lot in it but they pretend otherwise. wants the price down so that it can be short bitcoin or because it has some pre-placed purchase order at a certain low price.
Zahrowil Qolbi
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April 15, 2018, 11:18:19 AM
 #2934

Because they dont understand and benefit from bitcoin, we all know that bitcoin investment is so profitable that it makes a lot of people invest into bitcoin.
crypto vlad
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April 15, 2018, 11:23:52 AM
 #2935

They don't know the details about bitcoin, or they can't get bitcoin or they do not know how to produce bitcoin for free, so I think it's very unethical to vilify bitcoin.
Janation
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April 15, 2018, 11:26:34 AM
 #2936

They don't know the details about bitcoin, or they can't get bitcoin or they do not know how to produce bitcoin for free, so I think it's very unethical to vilify bitcoin.

Based on some people that I've been hearing talking about bitcoin, they do not know what really Bitcoin is. In our country, there are a lot of people that is being scammed because of the ponzi schemes and they are using Bitcoin the reason a lot of people are saying that it is a scam in which the truth is the people behind it was the one who scammed them and just use Bitcoin as an escape plan.
dear53
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April 15, 2018, 11:31:46 AM
 #2937

Many people against bitcoin because bitcoin is a online currency.Many online currency are scam in a recent years.Bitcoin not any government currency.No country control it.Bitcoin control by the online.Many crime and bad news against bitcoin in newspaper and many more online site like Facebook,Twitter,YouTube etc.So this is the reason of against many people in bitcoin.One of the major problem is bitcoin price ups and down.In this reason many people hate bitcoin.....


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April 15, 2018, 11:50:59 AM
 #2938

Maybe people always say negative about bitcoin because they can't believe what bitcoin have become they are jealous on it or maybe because they regret on not trusting bitcoin many years ago now they see how successful bitcoin are, or maybe because they hear some fake news about bitcoin its very popular in facebook and twitter and some people spread fake news about it and because some people use bitcoin to scam other people and some criminals use it in some illegal transactions.
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April 15, 2018, 12:03:27 PM
 #2939

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% 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. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them Cheesy

Well that's one kind of people. There are others who don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV.
We all know bitcoin nowadays is one of the known digital currency. Everything that goes up theres always someone try to put things down, and I think eventhough there are many people against bitcoin, bitcoin can easily handle those things. They're facing many of problems in past years so this is so much easy for them.
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April 15, 2018, 12:04:57 PM
 #2940

They don't know the details about bitcoin, or they can't get bitcoin or they do not know how to produce bitcoin for free, so I think it's very unethical to vilify bitcoin.

Probably a good combination of both TBH.
My friends/family are mostly familiar with BTC now (thanks to me!) but it's my kids who are the biggest supporters.
My wife says they are too young to grasp the concept of financial responsibility and she claims they just enjoy reaping the benefits with me  Grin

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