Why People Can Not Believe Bitcoin

[u9y42]

Beginners who went to the crypto-currency market this winter are most likely disappointed by the prolonged drop in the price of bitcoin.
Those who have long been in this market know that after strong falls bitcoin grows very much.
Let's hope that the time is not far off when bitcoin will start growing towards the new ATH.
Then all the newcomers will see what bitcoin is capable of and what crazy profit it can bring.

As much as I would like to see "that crazy profit" again, it might be better for Bitcoin's (and this whole space's) long term future for the price to climb slowly instead, for a couple of reasons: it will prevent FOMO and all the instability and nonsense that comes along with it, which ends up scaring people and any serious merchant adoption away; and it will give developers more time to get Bitcoin ready for prime time because, let's face it, the coin isn't ready for it yet. We need a very well tested and fully functional scaling solution (probably in the form of Lightning Network) and, hopefully, better privacy oriented improvements as well.

[Cloak1]

Some people believe in bitcoin, and some don't. It depends on everyone's perspective on how they think about bitcoin. Maybe the volatility of bitcoin that makes people doubt it. No one can predict it's value and make sure the existence. One thing that I  believe is if we have decided to get into the crypto world and learnt more deeply, we must believe that bitcoin does exist.

[evader11]

I think many people don't believe in bitcoin because of the issue regarding scam. They were afraid that they would be victimized by it, they do not know what bitcoin is, they do not know where the money comes from and how to get it lastly they do not know how it works in the world of crptocurrency.

[lyks15]

People cannot believe bitcoin because I think they dont have enough knowledge about bitcoin and they only heard something bad about bitcoin. And maybe they already experience something bad about investment or investing in something that they was not had any good benefits to them or some of their investment was loss. So they are not have a trust to invest in something new. But I know when they see that you have got a good benefits coming from bitcoin they will believe that they must to invest at bitcoin to achieve they dreams because of bitcoin.

[Marry Finch]

The opinion and belief of people in the crypto currency is heavily influenced by the media. So, Fasebook banned the advertising of crypto-currencies. The social network has updated the rules for advertising and banned the advertising of crypto currency and ISO. In the rules, the company noted that these financial products and services are often associated with deceptive and misleading promotional practices.

[jcpone]

It is normal that many people not believe in bitcoin,  they think that bitcoin is scam and imposible to earn money or they not have enough knowledge what is bitcoin all about. If it is already exesting or not.  May i suggest to not force them to believe you,  just introdunce bitcoin and let them to decide to believe it or not.

[madainfamous]

Hello Everyone.
Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension.
but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam.
I got this boring felling with my friends opinion. Because I always believe them bitcoin about.
Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible. 

Up until now there a still a lot of people that think bitcoin is just a scam. Usually these people who said that are the ones who haven't even tried doing bitcoins ever. People tend to reject the things they know nothing about. That's why these people think its a scam. You don't actually have to force them to believe in bitcoin and its potential. Let them discover it on their own by letting them try it first hand. Bitcoin gives a big amount of earnings, and they can't believe it is  really possible because they don't know the technology behind bitcoin and how it works.

[pekcoin01]

Easy money making is strange to people.

If hard money was earned from BitCoin, people would trust more.

The price is so variable. People do not trust that they are afraid. It's very natural.

[Karakyli]

People trust the media more and just do not want to take risks. In addition, Facebook excluded the advertising of crypto-currencies. The network cited a number of examples to show which ads will disappear from the tape in order to protect people from unjustified risk:
"Click here to learn more about our risk-free Crypto currency, which allows you to make instant transfers around the world."
"The new ICO! Buy tokens at a 15% discount right now! "
"Use your savings to buy Bitcoin!"

[Mystogan915]

I think why people can not believe on bitcoin because first they don't have any interest in bitcoin and in cryptocurrency. And i think because they are afraid of losing their money when they invest in bitcoin because it's too risky. They said bitcoin is scam because they didn't try to invest in bitcoin.

[CryptoPsycho]

It's very difficult question to answer because people are different and you never know what they thinking about and their goals. Probably they just not interested.

[Sunnyyy]

Many people do not trust bitcoin because they do not understand much about it. They worry when investing in bitcoin will be unsure and safe. There are many people who have been cheated by fake sites. The value of bitcoin is unstable so many people do not trust bitcoin

[JonCryptoHack]

Many people say that Bitcoin is like a sportloto, for quite naive and desperate. And they do not want to take any chances.

[unangsajah]

People do not believe in bitcoin because basically bitcoin is an unreal object, therefore people doubt the existence of bitcoin, even though the price is now expensive. But not a few people who have believed and succeeded in the bitcoin world.

[Valerianbit]

The trait of a reasonable person is not to get involved with something that does not bring pleasure, and moreover, brings chaos and frustration and risk.

[Abigail Black]

The world is complicated in many aspects, not ideal, unpleasant, but in fact no one forces us to climb there unless a person is psychologically and intellectually ready to accept the crypto currency.

[tekusa]

Many people do not trust bitcoin because they do not understand much about it. They worry when investing in bitcoin will be unsure and safe. There are many people who have been cheated by fake sites. The value of bitcoin is unstable so many people do not trust bitcoin

The past attack of the ransomware and the ransoms asked in Bitcoins has forced many critics to speak against Bitcoins.

Nevertheless, people are investing in it and Indian investors are showing high interest as well. So, how safe are the bitcoins?

Coming to the point, you will find that Bitcoin network is not working in a single network or from a particular warehouse. It is actually a peer-to-peer network and the transaction takes place under an authorized network of miners. The grid in this network has high authority and the computing power is actually very heavy.

[Gulabsachdeva]

Because of  they dont know about digital currency

[tikong]

Maybe they don't believe it because the price changes so often and they get insecure seeing it and they are afraid to invest

[webdevmastery]

The opinion and belief of people in the crypto currency is heavily influenced by the media. So, Fasebook banned the advertising of crypto-currencies. The social network has updated the rules for advertising and banned the advertising of crypto currency and ISO. In the rules, the company noted that these financial products and services are often associated with deceptive and misleading promotional practices.

You are right somehow in your statement, some of the people are not open minded and they only think that bitcoins is a scam because of the black propagandas that are being created by some of the social medias and companies that hated cryptocurrency from the start.