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Author Topic: do you think bitcoin is controversial ?  (Read 3313 times)
qwertyup23
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November 24, 2017, 01:29:55 PM
 #21

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if  we observe very carefully  few past few years we have seen that  criminal activities  or occurrence  are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating  with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

Currently, I think that bitcoin is definitely controversial, considering its significant price in the market nowadays. Big investment corporations like GME Inc. are starting to recognize its potential by allowing bitcoin to be included on its trading aspects. But I think that with the recent price hike, there are a lot of scams happening that contributes to the negative stigma of bitcoin. Just to cite you an example, 2-3 days ago confido.io founders scammed at least $375,000 worth of ICO money from investors. Due to this, investors are now more skeptical of investing their money into other cryptocurrencies which may negatively affect bitcoin in the near future.

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November 24, 2017, 01:37:51 PM
 #22

Rather than controversial, I think that BTC (& crypto in general) is free from regulation. It's a different thing really. In the same way that the trustless nature of cash makes it more valuable to criminals, it seems only natural that the digital equivalent would do the same.

I agrre with that, but I also agree with the term Controversial, since bitcoin is very expensive people tend to make it secret I am not literally secret but rather than not making it publicized since people will tend to lose opportunities that supposed to be for them or other people who really strive hard here. Its controversial since people where not that open in sharing knowledge about since other people think that this is just a scam.

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November 24, 2017, 02:20:36 PM
 #23

Rather than controversial, I think that BTC (& crypto in general) is free from regulation. It's a different thing really. In the same way that the trustless nature of cash makes it more valuable to criminals, it seems only natural that the digital equivalent would do the same.

I agrre with that, but I also agree with the term Controversial, since bitcoin is very expensive people tend to make it secret I am not literally secret but rather than not making it publicized since people will tend to lose opportunities that supposed to be for them or other people who really strive hard here. Its controversial since people where not that open in sharing knowledge about since other people think that this is just a scam.

it's hard to share bitcoin to someone's thinks it's a scam, that's why others keep it secret, bitcoin is very good especially In terms of investing but some people known this is a wrong way, the truth is they are wrong because they did not research where they invested, but because they did not study they thought was the scam is bitcoin.
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November 24, 2017, 02:54:28 PM
 #24

I do not think it is controversial. It is controversial. Bitcoin use is still very much a polarizing issue, which is basically the definition of controversial. It is getting a little better in recent weeks tho from what I am seeing.
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November 24, 2017, 03:02:10 PM
 #25

yes indeed it was,
if you're an old crypto enthusiast and have been here for more than 2 years you should know that cryptocurrency is full of drama.
based on that alone we can tell it's controversial or not ?
whenever someone discover something new it will be a hot topic and there will be a lot of pros and cons.
just like Bitcoin right now,which mean this thing and every new thing is a controversial because it will cause a lot of debate.
for someone who do not know about it,they claim that it has no use to people and only used by criminal and terrorism.
which for them who believe it do not agree to it,
somebody will say no and somebody will say yes,it's all depend on the viewer themself but if we're looking at the fact,
it should be a controversial.

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November 24, 2017, 03:12:34 PM
 #26

yes indeed it was,
if you're an old crypto enthusiast and have been here for more than 2 years you should know that cryptocurrency is full of drama.
based on that alone we can tell it's controversial or not ?
whenever someone discover something new it will be a hot topic and there will be a lot of pros and cons.
just like Bitcoin right now,which mean this thing and every new thing is a controversial because it will cause a lot of debate.
for someone who do not know about it,they claim that it has no use to people and only used by criminal and terrorism.
which for them who believe it do not agree to it,
somebody will say no and somebody will say yes,it's all depend on the viewer themself but if we're looking at the fact,
it should be a controversial.


I think what makes bitcoin controversial and  being talk of the town is its continued price increase. Many people who did not believe in bitcoin before are now starting to gather information about bitcoins and are now interested in earning big amount of money.
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November 24, 2017, 03:25:45 PM
 #27

a lot of things or people before they become famous came across from different controversies, personal life, career, hobbies and businesses. that's one of their turning points to their path even fiat have a lot of controversies throughout its history, used for crimes, corruption and greediness of people, they will do everything to have more money, you can also count bitcoin as one of the most controversial currency that's why it became more popular than ever. Silk road, online gambling, frauds, scam, money laundering and more. bitcoin is controversial but the fact that we need to know that any form of currencies are being used for any illegal activities so there is no pure or holy money.

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November 24, 2017, 03:48:15 PM
 #28

a lot of things or people before they become famous came across from different controversies, personal life, career, hobbies and businesses. that's one of their turning points to their path even fiat have a lot of controversies throughout its history, used for crimes, corruption and greediness of people, they will do everything to have more money, you can also count bitcoin as one of the most controversial currency that's why it became more popular than ever. Silk road, online gambling, frauds, scam, money laundering and more. bitcoin is controversial but the fact that we need to know that any form of currencies are being used for any illegal activities so there is no pure or holy money.
For me bitcoin is not disputed currency. Governments and banks want to convince everyone that bitcoin is being used to make illicit transactions and to launder money. It's a lie. Even if it was in the first place the responsibility lies with Fiat. The illegal profits criminals got into the Fiat and then launder using bitcoin.
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November 24, 2017, 03:55:57 PM
 #29

i think bitcoin is controversial indeed it was. bitcoin has been so popular cause nowadays bitcoin reaches his highest value rate of 8206.89 US Dollar so its hot in the eyes of people. all of people want it is very controversial. many of life can change by bitcoin. its bigger and bigger day by day so let see how bitcoin change every ones life
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November 24, 2017, 05:22:32 PM
 #30

i think bitcoin is controversial indeed it was. bitcoin has been so popular cause nowadays bitcoin reaches his highest value rate of 8206.89 US Dollar so its hot in the eyes of people. all of people want it is very controversial. many of life can change by bitcoin. its bigger and bigger day by day so let see how bitcoin change every ones life
I think bitcoin is not controversial, some people make it. bitcoin is its own value in the market and a set of define rule to work with bitcoin or making investment in bitcoin and making trade in the bitcoin, also there are clrear and defien rule for transfer of the bitcoin. when every thing is defined the what make controversial; only those people who have thier banks and who have a lot amount of gold. they think and it will be in future that both banks and golds will lose therir value due to the bitcoin.
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November 24, 2017, 05:28:04 PM
 #31

Breaking records, shitting on traditional TA, making finance magnates salty over something they didn't catch years ago, indeed bitcoin is very controversial. Hacks, thefts, money laundering, convictions... all of these things happened in the bitcoin system. The constant increase on the price as well, one of the best performing investments currently around the world. Bitcoin is making its bells ring but the general public sees these things evil compared to their lovely paper money.

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November 24, 2017, 05:31:21 PM
 #32

Most of the people don't know the bitcoin process. So it will need to learn more for the future growth. Bitcoin is future currency so it will gather for it. Bitcoin it will give more information future improvement. Bitcoin is give more information for the future growth. So you will check the bitcoin prices day by day then you will work to process.
Bitcoin most for the country accept the legal way.  
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November 24, 2017, 05:34:59 PM
 #33

Anything that challenges the established order is labelled controversial. First they ignore you, then they laugh at you, then they fight you, then you win. Bitcoin is currently on step #3.

Couldn't have said it better myself!
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November 24, 2017, 05:40:52 PM
 #34

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if  we observe very carefully  few past few years we have seen that  criminal activities  or occurrence  are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating  with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

If the examples you gave are what makes BTC controversial than by all means it isn't! All fiat currencies are used to commit crimes. People are hiring hitmen, buying drugs, bribing others and it's all being done every single day, even as we speak. It's just part of our lives when something is outlawed it's scarce, and becomes wanted. If there's no fiat and no cryptos people will be trading other things like precious metals, alcohol, and other things for outlawed goods. There's nothing controversial here.

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November 29, 2017, 09:23:17 AM
 #35

Yes it is. Now a days bitcoin is the most high valued cryptocurrency. And it is continuously increasing high. So there's no way to say that bitcoin is not controversial.
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November 29, 2017, 10:33:51 AM
 #36

Yes, Bitcoin is controversial somehow in good way.  Having its price high in value make it very controversial and a talk to the town.  People are having the hard decision in holding or selling its bitcoin.  On the other side,  controvesial due people use bitcoin in their scam.  There's are circulating doubt to people who dont have any idea about bitcoin if this is really legit. It also featured in different sort of media like social mediA and television. But i hope, this controversy help bitcoin to gain more popularity (but as of now bitcoin is very popular with its high value)

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November 29, 2017, 10:52:07 AM
 #37

Bitcoin is controversial in that it is being decentralized and then it protects the personal identity of the people using it. It is controversial because it does not have to pass through such intermediate agencies and bodies such as banks. It is controversial because some illegal transactions are choosing to use Bitcoin. Moreover, Bitcoin is controversial because its value is increasing so fast that even the people who are discrediting it earlier are joining the bandwagon and bought Bitcoins too. At the end of the day, I choose it over fiat.

 
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November 29, 2017, 11:13:02 AM
 #38

I think what makes it more controversial is where it is deriving its value from. Sure it is being used for money laundering and stuff, but the fact is money laundering would not have been possible if the value of bitcoin isnt high enough. So what really makes it controversial is the fact that its price has sky rocketed over the past few months and people not getting where it is getting its value and price hike from.
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November 29, 2017, 11:16:04 AM
 #39

It is controversial, yes but what bitcoin needs right now is publicity, so it doesn't matter if it is bad because at this point any fame is good fame. People must know first of its existence as it is the first step for mass adoption after that It will just depend to the people if they will seek the truth regarding  bitcoin.
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November 29, 2017, 12:21:54 PM
 #40

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if  we observe very carefully  few past few years we have seen that  criminal activities  or occurrence  are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating  with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?
I believe it is! With all the news and advertisements going on, more and more are becoming aware making them quite curious of this thing called Bitcoin. Bitcoin is gaining popularity each day and a lot are getting intrigued with this system that is working for thousands if not, millions!

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