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Author Topic: do you think bitcoin is controversial ?  (Read 3320 times)
Toden1379
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March 14, 2018, 02:14:03 PM
 #461

It is very controversial as it makes millionaires out of some people even without much financial background. Just needs technical know-how and you're good to invest in bitcoin. Problem is the more money you make the more that the government will look into it.

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March 14, 2018, 03:05:34 PM
 #462

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 ?
Anything that empower the individual is always controversial, just look at cryptography many countries hate that fact that the average people has now access to military grade encryption, since now a person that does not want to reveal his information can encrypt it and if does a good job then there is not a way to access that information and bitcoin is similar, bitcoin empowers people around the world and the more power people have the less power governments have over them.

Yes this is why bitcoin and all the anonymous coins are going to be controversial in the future. The people want to remain hidden from governments because everyday that passes we reveal more sensitive information about

ourselves to the world. You would think when Facebook came around people would have shunned that idea right down but the exact opposite happened. Now to recuperate what privacy we gave up crypto is a seemingless

transition to make and use.

Maybe it sounds controversial it is because of the popularity of bitcoin and the highest percentage of the demand of it. But bitcoin is not bad at all. All I can see is everything is positive side and it is very useful just like me that I only earn for the very basic salary. Controversial in the advantages that brings to the life of every bitcoiner who depend more in bitcoin and I am one of that too.
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March 14, 2018, 03:11:16 PM
 #463

It is very controversial as it makes millionaires out of some people even without much financial background. Just needs technical know-how and you're good to invest in bitcoin. Problem is the more money you make the more that the government will look into it.
Until now Bitcoin users have experienced tremendous benefits, even a very simple and poor person could just get rich suddenly because of investing in Bitcoin. Many men are immature and they have earned a fantastic income, this is proof that Bitcoin is something that is penomenal and controversial. As you are saying that the current government is trying to block Bitcoin, if it thinks negatively then I might want to say that the government is trying to lower trust in Bitcoin and the government and then buy Bitcoin in large quantities. Well some time to come Bitcoin trust is improved and of course it will be profitable. I say that because until now the government like does not support Bitcoin and think of it as garbage in society.
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March 14, 2018, 03:38:44 PM
 #464

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 ?

Appropriate evidence is true what you say. But i think the controversial bitcoin comes more from the mouth of a government, whether it's good or bad news when the government speaks then all citizens will know it. The proof is there are still countries that still consider illegal bitcoin and that's all because mouth of a governments who think that bitcoin is a negative thing so that someone's response about the news spread from mouth to mouth. Only for people who really know bitcoin who never believed what the government said.

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March 14, 2018, 03:49:34 PM
 #465

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 ?

Appropriate evidence is true what you say. But i think the controversial bitcoin comes more from the mouth of a government, whether it's good or bad news when the government speaks then all citizens will know it. The proof is there are still countries that still consider illegal bitcoin and that's all because mouth of a governments who think that bitcoin is a negative thing so that someone's response about the news spread from mouth to mouth. Only for people who really know bitcoin who never believed what the government said.

What do i say include?
I do agree to this quite a bit!!

It is more of the governmental negotiations and deliberations these days that have it a very controversial topic!! These days all the FUD that media has created regarding the bitcoin including the very buzzing news of government legalization, facebook  and google banning the crypto advertisements has made it all the more a controversial topic.
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March 14, 2018, 04:17:37 PM
 #466

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 don't think we can say the criminal activities have occurred from the last past years by the help of hackers. No. Criminal activities are all over the world. They occur every day in many manners, and they don't reside only in the hands of the internet.
Besides, on the internet, there are many criminal activities, and not all (only a few, probably) are related to cryptocurrencies. So, no, I don't believe those are the mean reasons why bitcoin is controversial (we are talking, as you pointed out, just about Bitcoin).
To me, the most controversial part of Bitcoin (and the cryptoworld in general) is that: for the first time in History, money is not made by a few, but by the people. This hasn't happened before! Normally, there is an elite controlling the system, controlling the people. But, now, this elite can be anyone.
In the other hand, politics are based on economics. One country has power over others just because of it (apparently) has more economical power. They demonstrate it by their big enterprises, by their money (which can print anytime they want) and by their debts (how much other countries owe them). So, basically, global economy is based on the speculation of a few (rulers of the world).
Now, imagine a new kind of power emerging. One they can't even control, one they can't even completely understand. Of course, they are afraid, for anyone, any country now can raise beyond their power!
Illegal acts related to money are always going to happen. But this is not only related to Bitcoin (or crypto), but to diamonds, marijuana, gold, silver... and whatever you imagine. Where there is money, there is corruption. But this is "normal" in such a greedy specie as the human. The freedom of money... well this is the first attempt in the history of creating this!!

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Vohoanghiep
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March 14, 2018, 04:17:44 PM
 #467

I think Bitcoin has caused a lot of controversy over its validity and legitimacy. Its value has grown so fast last year that it has become increasingly popular and widely used. However, the government did not mention the legitimacy of the virtual currency because it caused too many disadvantages for them. However, it has helped the economy of some developed countries, the income of the participants increasingly stable, the unemployment rate diminished.
Leane Lee Natividad Cuenc
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March 14, 2018, 04:28:59 PM
 #468

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 ?
Anything that empower the individual is always controversial, just look at cryptography many countries hate that fact that the average people has now access to military grade encryption, since now a person that does not want to reveal his information can encrypt it and if does a good job then there is not a way to access that information and bitcoin is similar, bitcoin empowers people around the world and the more power people have the less power governments have over them.

Yes this is why bitcoin and all the anonymous coins are going to be controversial in the future. The people want to remain hidden from governments because everyday that passes we reveal more sensitive information about

ourselves to the world. You would think when Facebook came around people would have shunned that idea right down but the exact opposite happened. Now to recuperate what privacy we gave up crypto is a seemingless

transition to make and use.
This could not happen if people knows how to ccoperate and take good over their task in bitcoin,nationwide i think it will controversial especially if this will become more popular in the world and if the crpytocurrency is getting higher and getting much more good profit,im not good enough for this question anyway but im trying to give answer or opinion,

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March 14, 2018, 05:28:29 PM
 #469

The controversy in Bitcoin arises because of its power to be an alternative to our current currency and how other people found success in it. It is also highly controversial as some people think that it is just a bubble hype that will explode very soon.
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March 14, 2018, 09:20:24 PM
 #470

I think Bitcoin has caused a lot of controversy over its validity and legitimacy. Its value has grown so fast last year that it has become increasingly popular and widely used. However, the government did not mention the legitimacy of the virtual currency because it caused too many disadvantages for them. However, it has helped the economy of some developed countries, the income of the participants increasingly stable, the unemployment rate diminished.

Noone is stating the negative effects that the Bitcoin caused. All members and crypto users are mentioning only Bitcoins benefits and influences on the Bitcoins holders and no one is talking about the fails of the certain investors which are panicking when the market starts to fall. Some people are even selling their houses for the greater good of the investment into the Bitcoin. Are they contributing to themselves with these moves - No!

Bitcoin is very controversial because it caused a lot of misunderstanding and also gives a false hope to the people that got a little to invest right now and have high expectations in the terms of the profit.

Newbies are looking way back in the 2010 when the Bitcoin still had low price and made investors of those days into the millionaires but this same newbies ain't actually making realistic moves because they can not get rich over night right now with the volatile Bitcoins value that is currently present in the market.

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March 14, 2018, 11:15:21 PM
 #471

Yes it is controversial, because user's are remain anonymous in dealing crypto's  It also pumps up quickly which tend investors to go crazy dumping their bitcoins and generate more income in just short span of time.
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March 14, 2018, 11:36:33 PM
 #472

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 ?
The last year's news about bitcoin reaching 20,000 $ made it very intriguing and interesting for people to buy and invest on. I think it's safe to say that bitcoin is a controversial product since it sparked different controversies and issues regarding its legitimacy and viability in the market. A lot of people took sides and now there are anti-bitcoins just as like there are pro-bitcoins. If this was not controversial enough for you I don't know what will.
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March 14, 2018, 11:49:03 PM
 #473

          Yes bitcoin is controversial in many ways. It become controversial after it become famous and valuable digital currency at the back of being decentralized and anonymous. Controversial on how it is use and be the best investment that people look and expect a good future from it. Controversial on  how people accept and trust it inspite of being volatile. People keep on investing after so many dumps. Really bitcoin is controversial and always make a noise all over the world as long as it is continue use and profitable.

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March 14, 2018, 11:55:07 PM
 #474

Bitcoin is controversial even at the beginning since no one really knows who really is the creator's (Satoshi Nakamoto) true identity. Being used by others to do some shady activities and to evade authorities make it even more controversial.
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March 15, 2018, 12:24:22 AM
 #475

It is very controversial as it makes millionaires out of some people even without much financial background. Just needs technical know-how and you're good to invest in bitcoin. Problem is the more money you make the more that the government will look into it.
Yeah bitcoin can make someone who is nobody does not have any great background and he can make huge profits in bitcoin, and of course get rich here, besides that makes controversial bitcoin is from anonymous facilities, because of that facilities bitcoin is banned in various countries because of the potential to add financial crime
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March 15, 2018, 02:47:57 PM
 #476

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 ?

Yes, I think Bitcoin is controversial since the beginning. Bitcoin always became controversial for investment. And Bitcoin users are always troubled about it. Bitcoin is a high value which has high transaction disadvantages. There are two types of rumors about Bitcoin. One group thinks that butcoin will be replaced by the future coin and its future will be replaced by another currency. Another party thinks that Bitcoin is used by hackers and criminals. The media is spreading false information about Bitcoin, which is why the government is not recognizing it. I hope that these debates will be over and the world will recognize Bitcoin.

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March 15, 2018, 03:00:47 PM
 #477

BTC have monetary value measurement means, circulation, storage method, payment method, and the world monetary five major functions, has been widely accepted in the Internet, has the character of scarcity, and unforgeable, as natural as gold and silver is currency.


Just because the vast majority of people is difficult to understand the mechanism of its delicate design, because it has broken the central bank to monopoly on the currency issue in one hundred, because it is at the beginning of the birth by hackers and criminals use experience, let people don't want to admit this.


Believe in the near future, BTC currency will become the mainstream of the Internet, will people on the Internet through a variety of innovative applications, using BTC for anonymous, cross-border trade, convenient and safe.
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March 16, 2018, 09:22:45 AM
 #478

It is very controversial as it makes millionaires out of some people even without much financial background. Just needs technical know-how and you're good to invest in bitcoin. Problem is the more money you make the more that the government will look into it.
Controversy always exists, within every emerging talent, source, any element that is trying to come out of the box. We are used to of it, hence we want to find it in bitcoins too. Some people are saying bitcoins always appreciate rich people. It is not the case, there are hundreds of people who were nothing, started with zero and now see them, millionaires they are now.
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March 16, 2018, 09:40:54 AM
 #479

It is really controversial in many ways. First the idea of a borderless and anonymous transactions are the thing that most users liked and the government doesn't really want. They are afraid that it might be used in illegal activities. Second payments online using this evades some of the taxes because it is borderless and is not directly bound by rules of the state. So this ends up in a lot of banning and questions by the government. This makes it controversial.

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March 16, 2018, 10:31:07 AM
 #480

It is really controversial in many ways. First the idea of a borderless and anonymous transactions are the thing that most users liked and the government doesn't really want. They are afraid that it might be used in illegal activities. Second payments online using this evades some of the taxes because it is borderless and is not directly bound by rules of the state. So this ends up in a lot of banning and questions by the government. This makes it controversial.
you see what situation is today with Bitcoin on the market? This state of affairs is by no means the decisions of some governments. It is already clear that some fucking Kit threw a huge amount of coins into the market. So we have the result.
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