Why are they afraid of bitcoin?

[Vin183~]

 My opinion is
1. Some of countries don't permit btc in their country
2. Also sometime btc price can go down an up in short time

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[Hudadahuda2018]

We all know that bitcoin is usually tagged as a scam by uneducated people who don't really know it. And that message is passed to another and they made stories about it and that's not good for a person that just discovered it.

Yes it is true of your opinion and I agree with what you said about bitcoin with the penipun.
In fact, many businesses in the online world are fraudulent and therefore they think the bitcoin business is an online business that contains elements of fraud but in reality there is no fraud element at all in bitcoin and even bitcoin often gives big income for those who follow it, so fear and the less informasiah they fear in the kerugin they think.

[wildflower18]

The fear of bitcoin and the crypto market is generated by the high volatility that is seen in the market.
Many have no appetite and nerves to face falls of more than 50% of the amount invested.

Definitely most are afraid not to have bitcoin possibly because of getting lose much more money on their investment. Yes the volatility that makes people on doubt to be in touch with bitcoin. As volatile is really unpredictable so most should know the risks here in bitcoin.

[ipanks]

well, maybe because people in general thinks that bitcoin is nothing but a scam. it is in their mindset that bitcoin will only feed on your money. i couldn't blame them anyway because there are people who were actually victimized by scam ICOs but bitcoin is not the one at fault here, it's the scammers.

I think they know that bitcoin is just a new investment and will give them a huge profit for a long-term but they still afraid because of the price is too volatile. besides that, they don't want to get lost if somehow the price is reduced and they cannot get their money back and they need to wait too long to see the price increase again. but for people which is believe with bitcoin that will go to increase again, they are not afraid of this and they only buy another bitcoin again and keep it until the price increases.

[Georgi99]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

Without any doubts, bitcoin is the currency of the future and everything goes to the transition to the digital currency from the usual material. People is afraid of  Bitcoin who have no idea the future, I believe. This is a good substitute for card payment and cash payment, and soon we will move on to bitcoin payment. Do not be afraid of bitcoin, because of the growth of the capitalization of the cryptocurrency market. Everyone has the opportunity, but not everyone enjoys the opportunity, which is why people have the fear of bitcoin.

[anahawjeff21]

Maybe because of media, they always say the negative side of bitcoin, they dont include the good benefits of bitcoin, thats why other people afraid in investing to bitcoin.

[P3]

For the most widely recognized motivation behind why a few people fear the bitcoin is on account of they are absence of information about the bitcoin and what is a bitcoin. They believe that bitcoin is an expansive trick and they are being an oblivious about the bitcoin. Another motivation behind why individuals are apprehensive is on account of they are hesitant to go for broke and join with the stream. They are anxious about the bitcoin in light of the fact that they realize that bitcoin is unsafe. They need to procure a bitcoin however they are hesitant to go out on a limb

[lelahkenabanned]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

they are frightened by bitcoin because they do not have the opportunity to buy it when the price is still cheap and still easy to get, and they are frightened because they still lack knowledge about what bitcoin is.

[amwer]

“I am personally excited for the future of cryptocurrencies and blockchain technology in general. Current innovations such as Bitcoin, Ethereum, and others are just the beginning for this technology that can help revamp many industries.

[jona]

Most people do not have the full knowledge of bitcoin,some assume it to be a scam bussiness and for the politicals and the government they see it as a trait to the economy.

[Victorycoin]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

I think why they afraid of bitcoin because they think that the bitcoin is a scam or just for fun only, But their knowledge about bitcoin is contrary of the true about bitcoin. I want to spread my knowledge about bitcoin because I don't want to hear some people talking about bitcoin that is contrary about the bitcoin.

Do you really think they would have a need to be bothered if Bitcoin were a scam? No! The only reason they are having sleepless nights over Bitcoin is for no other reason than their understanding of the truth that all the fetter they have been using to manipulate and control people are being shattered by the emergence of Bitcoin and the blockchain technology. They know of a certainty, that by the time power finally goes back to the people, their grip and influence on them would have gone down the drain.

[Bitcotalk]

There are plenty of reasons for them to be afraid of bitcoin. But the main reason, I think, is that they invest so much money in this market and when they lose they do not know where to find it. Who will stand up to protect their interests? This is a profitable virtual currency market and its risk is very high

The main reason people are afraid of the bitcoin is that the bitcoin is something that is a whole new concept in the world. Because whenever we talk scout the word currency, we picture of it as some piece of paper with a photograph or stamp on it, in our minds.

People cannot believe this really happened, there will be a time when people will be convinced to the fact that it is something that can bring revolution to the world and it is for our greater goods, by means of economy,financial stability,and lifestyle everything.

[s.mahmood]

Ignorance is the main cause to afraid bitcoin,most of the peoples don't learn about bitcoin even they haven't more knowledge about bitcoin and digetal currency. 

[white_star]

They afraid bitcoin because of ignorance. 150 years ago, people afraided of railway and train, 100 years ago, people afraided of alternating current. There are people in all ages afraid of new things.

Maybe the ignorance of people making bitcoin is very fail.  Thus ,they will afraid of it.  But if they just want to explore or know more information about bitcoin they want make of it.

[jhonnydeep87]

For me, if they are already investors of bitcoin they are just afraid of losing their value because we all know the bitcoin volatility and all the bad things will happen. We need to trust and put confidence in the special digital currency for bitcoin so as to continue to provide a great income and not let us anything.

[burdagol12345]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

Some other people afraid in cryptocurrency because they thinks its a big theats to there bussiness,they think that if bitcoin will become popular and productive all there stocks and  local investment will loss,just like warren buffet say's that bitcoin is a bubble and ponzi ,because for him bitcoin is competitive to there  local bussiness and can turn there profit into low.

[CarnagexD]

They afraid bitcoin because of ignorance. 150 years ago, people afraided of railway and train, 100 years ago, people afraided of alternating current. There are people in all ages afraid of new things.

Lack of knowledge and insufficient information on the capability and opportunity of Bitcoin could give to us we definitely lead for not taking Bitcoin or not even notice Bitcoin. I think people much need to educate themselves for them to learn and to have the opportunity to earn and to gain profit.

[bulantoy12345]

They are just afraid because they don't trust bitcoin at all. They think they are just loosing and wasting money if they try at bitcoin. Most of them are lack of ideas and information of what is bitcoin, some of them thinks that bitcoin is just a scam. They really don't know all about bitcoin of how it helps and changes the lives of people who believes and invests at it.

[Cherylstar86]

They are just afraid because they don't trust bitcoin at all. They think they are just loosing and wasting money if they try at bitcoin. Most of them are lack of ideas and information of what is bitcoin, some of them thinks that bitcoin is just a scam. They really don't know all about bitcoin of how it helps and changes the lives of people who believes and invests at it.

Exactly, which they don't have enough knowledge about bitcoin that's why they are afraid. Maybe, if they are going to invest they will afraid to have losses which is part of this business. Also, if we try to discuss further informations about bitcoin for sure their mind will be enlighten and to work here as part of this forum which the only things to do is to guide them since they have no idea about bitcoin.

[Prettyme]

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...

People are afraid to bitcoin maybe because they think that bitcoin is a scam that why they are afraid to invest in bitcoin but they don't know what bitcoin can give to their lives ,people are hard to give their trust because of the first people broke it that's why it's hard for them to give it .that's the reason why .