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Author Topic: Why do many people who don't know bitcoin denigrate and attack bitcoin?  (Read 426 times)
usechain (OP)
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January 26, 2018, 04:21:08 AM
Merited by achow101 (1), ommochain (1)
 #1

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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January 26, 2018, 04:46:22 AM
Merited by bjjobg55206 (2)
 #2

Bitcoin as the first digital currency, its value can not be denied, the design deficiencies will not say much. The problem now is that most or all of the "coin ring" (the definition of "coin ring") is a Ponzi scheme, except that the "coin ring" also has people who understand and do not understand.
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January 26, 2018, 04:51:18 AM
 #3

it is simple, because of money!

there are two groups that i have seen so far attacking bitcoin. one is the banksters who fear for their future. they do understand bitcoin very well and that is why they don't want it to succeed. they are alive and strong because there have been no alternative to banks but now there is...
the other group are the ones who want to make profit from bitcoin because they hold some small or large amount of it. they attack it at specific times so that they can cause some sort of panic and be able to buy more of it! bitcoin has a small and limited supply after all.

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ommochain
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January 26, 2018, 04:56:40 AM
Merited by usechain (2)
 #4

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?

I can understand your thoughts and feelings now. The world is such that the emergence of some new things is doomed to be completely accepted by everyone. However, some people like us first come into contact with this field and find out that his greatness, Slowly let it develop more people accept it. Not only Bitcoin is the case, the same blockchain, the previous Internet, e-commerce, etc. are not so groping it? As a pioneer of the blockchain, it is hard to be understood by people. Then we prove that they see or make us more prosperous, or let him develop more and let more people accept it
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January 26, 2018, 04:59:15 AM
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Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
Simple people do that with anything that is different, that is why kids mock the kid that is slightly different than them, this is just basic human nature and even kids do it, so I'm not surprised adults do that as well, also some people may be resentful they lost the opportunity of a lifetime and now they want that opportunity to not exist and so they try to destroy bitcoin by spreading lies about it.
frery
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January 26, 2018, 05:07:05 AM
 #6

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
Bitcoin represents a new thing, so many governments have acquiesced in its existence and development, as you can see, the development of the Internet in the past three to five years is now the post-mobile Internet era, and the Internet of things will come and popularize human beings. Although currency as a currency on the Internet has its own patience, so I think Bitcoin is reasonable, the government has more resources and information than ever before and there is a long way to go in terms of vision. I think the time is ripe many countries will introduce digital currency backed by government credit to gradually replace banknotes, so do not mind stupid people.
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January 26, 2018, 05:11:41 AM
 #7

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
People, especially older often attack new things. Not because it poses threat but often just because “old ways” are tested and works for them. Its natural human behavior. Also in bitcoins case those people happen also to be in power so their resistance to new things more noticeable from outside.
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January 26, 2018, 05:12:32 AM
 #8

Bitcoin is a new paradigm of perception of money, and as everything new when it appears, it lends itself to criticism, attacks and misunderstanding. But we all know that such things as a phone, a computer, the Internet became a part of our life, although they also succumbed to criticism and attacks. The same with bitcoin now, it's a matter of time until everyone recognizes it.
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January 26, 2018, 05:13:27 AM
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Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?

They are just a bunch of idiots who don't know what bitcoin is. They don't know that bitcoin is also a source of income. I'm sure that if they know that bitcoin is a source of income. They won't attack bitcoin anymore.
xiaowu55
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January 26, 2018, 05:13:55 AM
 #10

I can understand your feelings.
I also hate people who don't understand bitcoin and denigrate it.
I think bitcoin has hurt their interests.
megynacuna
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January 26, 2018, 05:18:52 AM
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I can understand your feelings.
I also hate people who don't understand bitcoin and denigrate it.
I think bitcoin has hurt their interests.

Many are peeved because they didn't get on-board early to partake in bitcoin mining or even it's direct investment and this and many other reasons generate genuine hate among them for bitcoin and so they will cease every little opportunity to run it's success down as they will be happy to accept bitcoins failure because they are not a part of it. I think it's generally part of the selfish human attitude that some people fail to control  even in public.
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January 26, 2018, 05:24:16 AM
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You have said it that people who don't have the knowledge of what bitcoin is, it potential and it capacity term to denigrate it, that is due to the fact that they can comprehend what the cryptocurrencies world is and how it works and they can't deny it success so the only thing they turn to is to attack bitcoin, and again another set is those that even have expact knowledge of bitcoin but are afraid of it success so they attack it e.g the government and the banks.
nianshaoqingkuang
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January 26, 2018, 05:29:53 AM
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Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?
Many people always think they think they are right, so when they think that bitcoin is risky, they will denigrate them. They don't want others to enter the field, because when others know the truth, they can't stand on it.
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January 26, 2018, 05:38:59 AM
 #14

Have you ever heard of the execrating nature of the people when they see something very fascinating but are not able to adopt to it in the first place? Then thats the time when we start seeing mob of haters who starts publishing odd things about the bitcoin.

This thing only comes up front when someone is unable to use the technology in proper way and are not able to generate the revenue, output or any sort of profit from it. In this case we talking about the Bitcoin. Many of the people don't find a good way to invest into it and loose the money that they stake in it and thus start hating it. They start mouth to mouth publicity about their story and believe me there are more such people that the one who are successful in it. Thats the reason I believe makes such people behave like that.
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January 26, 2018, 05:48:08 AM
 #15

I think there can be permanent members of the currency as a credit endorsement only more reliable!
Even if the cap, shell, coffee beans, bullet shell, at some time can not be easily copied to maintain a certain amount of strong credit endorsement I will collect it! Bitcoin as a data block is not suitable for long-term hold!
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January 26, 2018, 05:49:16 AM
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Bitcoin is a new paradigm of perception of money, and as everything new when it appears, it lends itself to criticism, attacks and misunderstanding. But we all know that such things as a phone, a computer, the Internet became a part of our life, although they also succumbed to criticism and attacks. The same with bitcoin now, it's a matter of time until everyone recognizes it.
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January 26, 2018, 05:54:07 AM
 #17

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?


It's simple. People are driven by GREED and FEAR. The ones who are in charge or managing the current system of how money works can't seem to quell their thirst for it. And when they realize that there are certain things that can threaten the system, they fear that it will cause the system(in which they benefited from) to crumble down.

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January 26, 2018, 06:08:39 AM
 #18

To be fair, not only the people have raised their level of skepticism about the rapid ascend of Bitcoin and other digital currencies. But to call the digital currency a fraud and a tulip is more than skepticism, in my opinion. It undermines the potential of Bitcoin to become a “peoples’ currency,” and replace national currencies.It is one of the main reasons of attack bitcoin.
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January 26, 2018, 06:11:19 AM
 #19

it happens because they do not like and hate with technological innovation, or ignorance makes him easily provoked by a rotten conspiracy.
I think this is a big challenge for bitcoin, if bitcoin is able to stabilize in the middle of a storm, then bitcoin will rise and high quickly.

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January 26, 2018, 06:15:17 AM
 #20

In many countries, bitcoin is not legal and prohibits bitcoin transactions.
In countries where bitcoin is banned, traditional media follow the will of the state.
It would undermine bitcoin even if it didn't know it.
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