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Author Topic: do you think bitcoin is controversial ?  (Read 3325 times)
The Alchemlst
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January 02, 2018, 06:31:48 PM
 #301

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 think it is not really that controversial instead, its very nature and system is transparent and can be monitored and followed by everyone. I don't think bitcoin is to be blame for the number of criminal issues like hackings in scams because we all know how legit bitcoin is and some people just tend to exploit this hype to unwary victims.

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January 02, 2018, 10:35:34 PM
 #302

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 ?
This thing you do think is been thinking by the community for how many times and this topic have been talked for a couple of times already. Controversies is normal on bitcoin ecosystem because of its feature which is anonymity and a decentralized stuff which do leads up on lots of controversies and questions by the public. It wont really be surprising if they would ban it because of the potential increase of criminal activity because bitcoin is really a good tool on executing such transactions.

And there are other currencies that offer better anonymity than BTC. I hope there won't be any bans, because it would not lower criminal activity. Such move would fail because that's not main reason of existence of criminals.
You do not understand the purpose of bans, you think that criminals care about bans? No, the ban is a way to scare the average person away, but it is not going to work with bitcoin, you know why, because the greed of the people is simply too high, they are going to see all the money they can make with bitcoin an they are going to get in despite the ban.



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January 02, 2018, 10:55:18 PM
 #303

There is no sense in calling bitcoin "controversial": bitcoin is a tool, and any tool can be used for the good or for the bad.

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January 02, 2018, 11:50:34 PM
 #304

Bitcoin can only be considered controversial by those who have not taken the trouble to get to know it closely, because the purposes for which it was created are really necessary and important for a modern society like ours. In any case, bitcoin is nothing more than a computational protocol; the fact that the human being is willing to use whatever he has at hand in an inappropriate way has nothing to do with the bitcoin or the blockchain itself.
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January 03, 2018, 03:29:55 AM
 #305

There is no sense in calling bitcoin "controversial": bitcoin is a tool, and any tool can be used for the good or for the bad.

even bitcoin is a tool but bitcoin still "controversial" especially if we talk about the price which increases so high in a few months ago and until now, bitcoin still a hot topic at internet. people amazed at bitcoin price when it started rallies and reaches the highest price ever and from that moment, I think people think that bitcoin is something that they need to know. and now, from happening with bitcoin, I think bitcoin will reach more people in this year and bitcoin become more famous than before.

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January 03, 2018, 03:55:38 AM
Last edit: January 03, 2018, 09:31:54 AM by zhea
 #306

Bitcoin is now slowly going to controversial because as what i have noticed that their are some news broadcasting about bicoin stories. Some also people posting bitcoin and displayed in social media public. We can say that bitcoin publicity is the main common source which makes bitcoin controversial. Another reason also is its value that is growing fast and its volatility. What it brings to people might also be one of the reasons why it is controversial.
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January 03, 2018, 03:58:37 AM
 #307

Yes it is. Especially now that it became a trending in social media and it even reached the television news. A lot of arguments have been raised about it and some governments in different countries are worried that it may be a bubble and so they are planning to ban it. On the other side, some opinions are saying that it is not the same as the other big value investments that dropped and said that Bitcoin will continue to rise up for several more years and even reach $60 000.

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January 03, 2018, 06:13:08 AM
 #308

Based on our country and its local news here.It is not really that very much popular and controversial.But i think that on other countries that it is so very much controversial.

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January 03, 2018, 06:22:00 AM
 #309

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 tt the digital equivalent would do the same.
It happened to be controversial simply because people are free to use it from any they wanted. People has full control over the bitcoin they have in hand. For this reason, bitcoin us being used for activities which is illegal from the government. Bitcoin appears to be illegal because more news related to it were concern in how ut is mis used by the people. Mainstream media has really the power to make its identity good ir bad in the eyes of the people.
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January 03, 2018, 06:39:16 AM
 #310

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 ?



That's very true Bitcoin is such controversial there is money involve from anonymous using digital rolling at the ground many people doesn't know where did the Bitcoin  come from and how did it works continuously like this. i'm just wondering why it has a money involved even the bitcoin user itself wondering why there is a money where did it come from?

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January 03, 2018, 05:55:52 PM
 #311

Everyone has different ways of thinking so can not stick to one side only.
Everyone has legal authorities to say what they are thinking about something and if they are thing bad about bitcoin they will say bad and if they are thinking god then surely they will say good I mean bitcoin has made place for people, now it is in controversy because everyone is talking about bitcoin and it is good for progress of bitcoin I mean the more people will discuss bitcoin the more bitcoin will be popular.
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January 04, 2018, 08:27:43 PM
 #312

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 ?

Bit coin is controversial in a smooth way. Bit coin controversy is in the side of people's control and people's culture in doing business transactions in every part of the world where there are supporters to the bit coin projects. The government authority and power to control bit coin cannot do so. Bit coin was dominion currency over government and banks.
Bitcoin is not controversial but there are some people who are a making different stories about bitcoin some of them are saying that bitcoin is going to end and some of them are saying that bitcoin is useless so these all not true and I will request to every one we need to support bitcoin because bitcoin the only currency in market who is not only helping countries but also its going to support people around the world.
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January 04, 2018, 09:26:54 PM
 #313

Bitcoin is something completely new, and some aspects are difficult to understand, but...why controversial? Because it can be used for financing terrorism? Or to sell drugs? In this case, dollars (and any kind of value...) should be banned too!
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January 05, 2018, 03:07:07 PM
 #314

Do you think bitcoin is controversial?

Yes, i think bitcoin is controversial because its not yet legalized internationally and many people doesnt have enough idea about it so it is something argumentative.
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January 05, 2018, 03:14:13 PM
 #315

When something gets into existence with uniqueness it becomes a controversial subject. Same is happening with bitcoin, and importantly being decentralized makes it much into controversy. This will slowly get saturation when people start to believe the technology and adopt bitcoin for a bigger and better development.

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January 05, 2018, 03:24:00 PM
 #316

Yes it is controversial because it is all over the news site, social media, etc. Every where the topic of discussion is bitcoin. Some people use it to scam other people and taking advantages to the people who doesn't know about bitcoin. The price of bitcoin is unstable, but lot of people invest their hard earned money for this. Some of them sell their properties just to buy bitcoin. Many people become crazy with what this will bring in the society. Grin
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January 05, 2018, 03:47:26 PM
 #317

When something gets into existence with uniqueness it becomes a controversial subject. Same is happening with bitcoin, and importantly being decentralized makes it much into controversy. This will slowly get saturation when people start to believe the technology and adopt bitcoin for a bigger and better development.
cryptocurrency is a challenge for both central banks and financial supervision.Although Bitcoin embodies the dream of a universal currency facilitating monetary transactions,there are big debates around him
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January 05, 2018, 05:39:02 PM
 #318

When something gets into existence with uniqueness it becomes a controversial subject. Same is happening with bitcoin, and importantly being decentralized makes it much into controversy. This will slowly get saturation when people start to believe the technology and adopt bitcoin for a bigger and better development.
cryptocurrency is a challenge for both central banks and financial supervision.Although Bitcoin embodies the dream of a universal currency facilitating monetary transactions,there are big debates around him
Despite the fact that the crypto currency is very much straining both the banking sector and the government of many countries, I still implement the Bitcoin technology in my system, because these are advanced technologies to date. Thus, I believe that the cooperation of the crypto currency and the real financial world will be very strong.
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January 05, 2018, 07:01:08 PM
 #319

Btc is getting highly controversial in the recent days and the main reason I consider is the skyrocketing price. All the other things like illegal transportation of money or buying things using Bitcoin on dark web also took place in the past. But it never got attention like it has got  at the present time and all these things are happening due to increase in price.
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January 05, 2018, 09:03:31 PM
 #320

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 ?
Not only controversial. Bitcoin has emerged as the bickering of its users, Bitcoin has been controversial for so long. Bitcoin has not been licensed as a currency for trading in many countries in the world, but Bitcoin has a lot of bad rumors.
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