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Author Topic: Why People Can Not Believe Bitcoin  (Read 5260 times)
kolsernik
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March 18, 2018, 05:55:15 PM
 #1001

according to me the main reason is lack of enough knowledge regarding bitcoin and moreover for some people it is hard to accept the change ,they like only old techniques, old methods and for them bitcoin is a new technique so it is very hard for them to accept. No awareness and knowledge is given to them so they cannot believe it bitcoin. They only consider it as illegal and waste of time.
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Ahmed Abrar
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March 18, 2018, 07:49:01 PM
 #1002

Actually all of a sudden,if you do not have the time invest ,then everyone may think that bitcoin crypto market is nothing,nothing can be done with it.But i think bitcoin is the real king crypto currency world. Bitcoin will be never scam.
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March 18, 2018, 07:52:47 PM
 #1003

The most people who do not believe in bitcoin, dont inform about. They dont understand how the blockchain work. When i was new to cryptos, i was skeptical. Thats normal, when people hear about something with you can make easily money. They think first of en ponzi system. But when they start to understand, the will believe in cryptos. So when somebody in my environment ask me something about bitcoin, i dont tell them stuff about the value. I tell them why the blockchain is better then a bank where corrupt people work!
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March 18, 2018, 07:53:34 PM
 #1004

Several analysts including BKCM’s Brian Kelly and renowned trader Peter Brandt stated that the price of bitcoin could dip again before the market shows signs of short-term recovery. Kelly said that the price of bitcoin could decline by 15 percent and the cryptocurrency would still be overvalued. Brandt explained that based on the current trend, the price of bitcoin could drop to $7,700 before rebounding. Kelly noted:
“The intrinsic value, the way I measure it is transactions. And I do kind of a simple regression with number of transactions and velocity. And you get an intrinsic value somewhere in the $8,000s.
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March 18, 2018, 08:09:39 PM
 #1005

if your friend does not believe in Bitcoin, it is not problem because he has missed the biggest oppotunities to get profit. And you also do not take care about that. Let's work your job well, that's all

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bitcoinbot
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March 18, 2018, 08:45:53 PM
Merited by Strannik-74 (3)
 #1006

Unfortunately, Bitcoin is manipulated by Big Shots and people are wary about it because it gets pumped and dumped, so from an investment point of view, it seems too volatile to hold and that's one reason why many don't trust it. Another reason is that the technology behind it seems too complicated for simple minds to comprehend, so they steer clear of it because they just don't understand it at all.
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March 18, 2018, 08:50:15 PM
 #1007

They do not believe bitcoin because they only hear negative news and never get the profit directly, initially I hesitate to invest bitcoin because the price is too fluctuating, but this just makes me curious so I speculate invest in bitcoin.
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March 18, 2018, 08:51:37 PM
 #1008

according to me the main reason is lack of enough knowledge regarding bitcoin and moreover for some people it is hard to accept the change ,they like only old techniques, old methods and for them bitcoin is a new technique so it is very hard for them to accept. No awareness and knowledge is given to them so they cannot believe it bitcoin. They only consider it as illegal and waste of time.
Yes that is rgiht they need to get klnowledge about bitcoin, if the will get proper knowledge about bitcoin i am sure that bitcoin will start loving bitcoin, because in current time bitcoin is the best source of income, and one can get such a good profit from bitcoin that may not be possible from any other source of income.
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March 18, 2018, 10:34:40 PM
 #1009

Because some of them are still stuck with the government actions. they don't understand that government give green signal indirectly. But people are people they always need proof for everything.
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March 18, 2018, 10:42:23 PM
 #1010

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. Cry
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.  Embarrassed


A lot of people already learned from the mistakes in the past.   The trust is difficult to bring it back if has been damaged.   People now a days are "to see is to believe".  If they don't believe,  don't exhaust yourself.  Just focus on yours and back to them when you already have millions of dollars.
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March 18, 2018, 10:53:25 PM
 #1011

Because bitcoin has not been inaugurated by the whole country, other than that that makes people do not believe in bitcoin because the price is currently decreasing. There are also people who think that bitcoin is a fraud because the price is not stable.
Ian11
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March 18, 2018, 11:47:59 PM
 #1012

I think because we have a different opinions and beliefs in our life, like in bitcoin some people believe that it is legal but some people doesn't, and for me they need some proof about bitcoin.
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March 18, 2018, 11:52:13 PM
 #1013

We cannot face the reality that there are some people that are trying to do everything to down and loose the popularity of bitcoin.

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March 18, 2018, 11:58:28 PM
Last edit: March 19, 2018, 12:21:53 AM by cryptokitty
 #1014

Because of the negative news in the social media. It place a great impact to all readers and viewers. Some are not yet ready for a better change in terms of technology.
Obito
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March 19, 2018, 12:16:10 AM
 #1015

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. Cry
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.  Embarrassed
I think many people doesn't believe in bitcoin because they don't experience yet the effects and how it works in our lifes.  I am give an opportunity to have a bitcoin in my life and i am believing it.

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Arisgado
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March 19, 2018, 12:20:18 AM
 #1016

Some people, they don't really believe in bitcoin because they already scammed by the strangers our technology. People scared to be scammed because they have no experience. You can't force anyone to believe in bitcoin. As long as they'll know the process to earn I think they'll join someday. Bitcoin powered by blockchain is the future of all financial transaction.
Aleth
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March 19, 2018, 12:45:28 AM
 #1017

People won’t believe in it because of lack of information and or they got wrong information about it. Specially when social media strikes with wrong informations people easily drawn unto it without researching and involving themselves first so they could prove. But its a good thing we have forums such like this to read and gain positive infos about bitcoin.
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March 19, 2018, 01:25:17 AM
 #1018

maybe some people think that bitcoin can scam because bitcoin dont have a physic form, thats make people dont want to invest it and afraid of scamming, because yuo just can buy and sell online. its totally different with gold, gold have a pyhsic form thats make people want to invest on gold

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March 19, 2018, 02:26:28 AM
 #1019

The value of bitcoin fluctuates very hard, it's hard to grasp, however bitcoin will soon return to $ 20,000, I have confidence in bitcoin.And I think now is the right time for us to invest in.
bitzizzix
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March 19, 2018, 02:28:06 AM
 #1020

Why do not they believe, because they are not in it and they do not know or understand about bitcoin so they do not believe in bitcoin just like us before getting to know bitcoin. But I think they will gradually know for themselves in any way and in the end they believe and join

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