Cryptocurrency Phobia - new social phenomenon

[danggoron]

Very reasonable if there is a positive and negative view. Moreover, bitcoin is a new breakthrough in economic activity, especially on payments and currency. Positive and negative news very quickly spread because now is the digital era, where many people use social media to show its existence. So, as we have to be more selective and wise in responding to any news and opinions of others about bitcoin, whether positive or negative, do not be provoked.

[dewi91]

everyone has their own opinions and everything in the world always have pro and contra like crypto currency. we are do not need to worry about haters of crypto currency because enthusiasts of bitcoin are more than haters.. in the future hater gonna be lovers..

[Thadeous]

in the future hater gonna be lovers..

and they will continue hate Crypto in public, while holding tons of coins and tokens in their wallets  

[mr.bean865]

in the future hater gonna be lovers..

and they will continue hate Crypto in public, while holding tons of coins and tokens in their wallets  

Yes cryptocurrency is all over the mouth of world and everyone is talking and taking interest in it because all are impressed by them who took cryptocurrency seriously in their past.

[cungtrongdung1]

haters gonna hate bro. one thing I'm glad I learned is that people are for the most part full of shit, you shouldn't take them seriously. don't try to show them they are wrong; let them stay comfortably in their ignorance.

At first glance, it's like fearing of missing out, expressing a sense of fear of losing something, making our dogs feel bored of everything, and always putting people above and beyond themselves. Never enough!

[BORDS]

for me it is a natural reaction of anyone for encountering such technology nowadays.
even i have the same reaction before, i did not accept cryptocurrency instantly.
but instead i did some of my own research first in order to protect myself from all risk.

[Kjara]

People are often afraid of novations that are hard to understand and what is worse - hard to control.

[rb26]

The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?

Mostly, those people who ended up with negative impressions about cryptocurrency are those who want to try it for the first time but ended up investing on the wrong ones. They were immediately discouraged to try it that they missed the chance to invest on the real deal. It's like when you tried holding something not knowing it's hot so you immediately dropped it when you burn your hands.

[Thadeous]

Quick investments lead to quick discourages.
On my opinion most of fails in investments and trading happen because of known self-regulatory state called FoMO.
It constantly competes with balanced thoughtfulness, blocking deep analysis, allowing mostly quick superficial conclusions.

[drakegon]

The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?

It's actually the way we are going to change the world. Slowly, step by step, crypto currencies will be a more important and used part of our lives. The potential slowly grows.

[0k0l0g]

it's quite disruptive, which tends to trigger fear response

[retnoanjani]

Yes, it is just a mass hysteria. It's natural, let alone bitcoin can get out of various negative issues against it and show the world with a fantastic ride up. So the news about the bitcoin more diverse. Some responded well and began to study it. However, for those who do not like it, would consider it bubble, scam, etc. People who still lay, will be easily influenced by negative news. So, before the judge crypto-currency, learn and try first. I think, all investments have risk factors, prices rise and fall is also a reasonable thing, which is important we must have anticipation for it.

[xuan87]

It's their opinion so nothing wrong with that, and the people that not involve and understand about Bitcoin will have negative conclusion because the media like to report Bitcoin negative side, so for the one that rejected bitcoin, it's their lost

[Transformbitz]

We have different perspective positive minds always have positive attitude and outlook of life, if they are negative on cryptocurrency then stay away with them. People wants to believe first before exerting effort and i don't want to give them a demn f*ck

[Thadeous]

This example can be considered a bit off topic.
Yesterday we all were able to see Bitconnect lending platform crash.
From one side it was really unexpected and offensive, but from other side it caused such an uncontrolled fall of BCC coin price.
Most of lenders immediately dropped all their coins to exchanges instead of holding them and waiting for the following news.
I don't see other explanation for this behavior except as "herd instinct", based on fear spread in social communities.

[focmere]

This example can be considered a bit off topic.
Yesterday we all were able to see Bitconnect lending platform crash.
From one side it was really unexpected and offensive, but from other side it caused such an uncontrolled fall of BCC coin price.
Most of lenders simply drop all their coins to exchanges instead of holding them and waiting for the following news.
I don't see other explanation for this behavior except as "herd instinct", based on fear spread in social communities.

This is a very good lesson for every crypto trader out there. Nothing is GRANTED! And always invest only what you can lose!

[Transformbitz]

In this real world, what we see is what we get. but us crypto traders/ holders or even cryptoverse are getting in the action game before showing results. this is a good reason why i'm here because we absorb knowledge and this is the smartest thing that we've encounter.

[Fileiro]

That would be crypto climbing 'the Wall of Worry'.

[ladydark]

I would say that most of those who only see the negativity of bitcoin and spread the same are just half boiled eggs.On the other hand,i would say that its mostly a propaganda spread all around the world being sponsored by bankers and financial companies as they could not directly face and stop bitcoin's growth.We could see media continuously criticizing bitcoin to create an image that its just an other scam in the minds of people.

[panganib999]

haters gonna hate bro. one thing I'm glad I learned is that people are for the most part full of shit, you shouldn't take them seriously. don't try to show them they are wrong; let them stay comfortably in their ignorance.

If someone doesn't have enough knowledge about a particular thing , it is true that there is a higher chance for them to don't trust a particular thing specially when they have lack of knowledge about the system, transaction and the whole market of Bitcoin. For me it is good thing to read and educate ourselves first before getting into a thing we do not actually know we'll.