How to Shut Up Bitcoin Haters

[Kakmakr]

A lot of those haters are people who lost money from poor investment decisions or even using shady third party services. The things you have summarized is the excuses and tools that they are using to punish Bitcoin for their mistakes. I have spoken to butt hurt ex-coiners and when you dig a little deeper, you find that they lost coins through their own stupidity or even a lack of proper research. <One Google search, would have told them that the service that they used, was some kind of scam>

People do not take responsibility for their own mistakes, because it is easier to shift the blame and also to hate.

[vasquezCrypter]

I don't know just repect their opinions as a bitcoin lover right ? Because they didn't know the truth 😊 Just keep calm and love bitcoin ❤

[djsugar]

I tackle a lot of haters on a daily basis and mostly in my college. When those people found out that I was indulged heavily in bitcoin, they started sending me links of all the negative news they had.

I obviously ignored but over the time they started getting on my nerves. I was obviously subject to mockery since market was falling continuously since January 2018, but now the market has itself answered them back. The surge in the price has silent their filthy mouths and now they all are regretting why they did not invest.

[TheGodFather]

Dispelling Some of the Most Common Arguments Against Crypto

Once in a while, every crypto-enthusiast will run into somebody who is skeptical of the industry altogether. People like this usually have never invested before, or did once but lost their money. As somebody who cares about the field of cryptocurrency and has invested several times in the past, it can be mind-numbing and frustrating to hear the opinions of people who have only ever read headlines and soundbites regarding the topic.

Make note, it is reasonable to be skeptical of cryptocurrency and present some well-researched arguments against them, but the people being referred to here are those that know very little about the industry and have no noticeable desire to get acquainted with it.

Here are some of the most common arguments you will hear against cryptocurrency (either from people you know or from news outlets) and some simple responses to them.

“Cryptocurrency is a pyramid scheme.”
Occasionally, I will run into a person who claims that cryptocurrency (or more specifically bitcoin) is a pyramid scheme and that only those who were first to the market will be able to make a reasonable profit from it.

While it is true that the earliest adopters of coins like bitcoin and ether have seen the most significant increases in their profits – this does not make it a pyramid scheme. Pyramid schemes are structured so that subordinate investors must pay or hand over a percentage of earnings to a higher level investor. This is not the case with cryptocurrency— if you head to an exchange to buy a coin, it is possible you will be buying from somebody who is at the same level as you (i.e., they invested around the same time you did). This is not possible with pyramid schemes since the only way to make money is to recruit new members. With cryptocurrency, you can trade and exchange with new or old investors. Also note, the main aim of cryptocurrency is not necessarily to get new investors since the price of a coin does not exactly rise due to adoption. Positive news regarding programming updates, partnerships, and new features can also just as quickly raise the price of a coin.

“Cryptocurrency is only used to buy drugs and launder money.”
This statement is commonly used by media outlets as a way to discredit the entire industry and the technology behind it. The best way to refute this statement is to briefly explain the nature of the blockchain and the sheer level of transparency that cryptocurrency offers. Most people who do not know anything about the industry get the impression that using this currency automatically masks your identity and your movements.

Explain to them that most coins have a global database of transactions which can freely be viewed by anybody. This, alone, is enough to discourage people from laundering money and purchasing illicit substances since law enforcement, the IRS, and other government bodies can track purchases with more ease than fiat.

“There is no underlying. value”
This is a half-truth. While cryptocurrency does not rest its value on assets like gold or land, it instead derives value from its developers and its code. Arguably, this is similar to how legal tender derives its value from its government and laws. Similar to how a decision or press conference from the President can affect the price of USD, an announcement from a lead developer can affect the price of Litecoin.

“It is too late to make money.”
I have personally found this argument to be said by people who only know of one cryptocurrency: bitcoin. Generally, the easiest way to open their mind is to show them that CoinMarketCap actually lists over 1500 coins and tokens. Of course, only a fraction of them are worth investment, but it proves that the industry is expansive.

New coins and tokens are constantly entering the market, many of which shoot up in price significantly after a while. One coin that has not had a long history, but is valued highly, is Nano. The coin only came into existence in early 2017, but in the space of a little over a year it has risen to the 28th spot. The main reason for this is the team it has and the technology it runs on. Finding a new coin with a great set of programmers and impressive code can be one way of making money in the industry. Of course, it is not the only way. The much larger coins like bitcoin, ether, and monero are still considered good investments now— this is because people still think the technology is undervalued. If that is the case, then it certainly is not too late to make money.

Originally published at cryptodisrupt.com

To me the only way we can make the haters or those who are in still disbelief of the profits that we can make on cryptocurrency is by creating an information drive. What we can accept or agree on is that the disbelief or most commonly known as haters is that they have lack of information or that they don’t know the process for that particular topic. What I really would like for us to do, is to create a way for us to reach people and create the information we need

[Larster]

Perhaps you should spread the good news and explain the advantages in a more comprehensive manner. I believe in a positive examples, not in negative posts.

[goku21]

to do just when they are still trying to say the bitcoin scam do not pay attention to them because they do not have the benefit of doing so let them just because they are the only ones who will repent or when they repent of what they did and did not lose the bitcoin

[IMMBAGGA]

I do not think there is some need to shut up somebody.  Everyone has his own choice.  Be democratic.  Never try to force anyone to follow any community you like.  Just spread your good works and let enjoy all their lives in their own way.

[metenjean]

I don't really care with haters, there will always be someone hates everything you do so the best thing is not to care at all. Most of the opinion you mention was being made by pessimist and these kind of people won't even going anywhere with that state of mind and i think its a good think that they think like that, it makes investing in bitcoin less competitive. 

[oceantiger]

Dispelling Some of the Most Common Arguments Against Crypto

Once in a while, every crypto-enthusiast will run into somebody who is skeptical of the industry altogether. People like this usually have never invested before, or did once but lost their money. As somebody who cares about the field of cryptocurrency and has invested several times in the past, it can be mind-numbing and frustrating to hear the opinions of people who have only ever read headlines and soundbites regarding the topic.

Make note, it is reasonable to be skeptical of cryptocurrency and present some well-researched arguments against them, but the people being referred to here are those that know very little about the industry and have no noticeable desire to get acquainted with it.

Here are some of the most common arguments you will hear against cryptocurrency (either from people you know or from news outlets) and some simple responses to them.

“Cryptocurrency is a pyramid scheme.”
Occasionally, I will run into a person who claims that cryptocurrency (or more specifically bitcoin) is a pyramid scheme and that only those who were first to the market will be able to make a reasonable profit from it.

While it is true that the earliest adopters of coins like bitcoin and ether have seen the most significant increases in their profits – this does not make it a pyramid scheme. Pyramid schemes are structured so that subordinate investors must pay or hand over a percentage of earnings to a higher level investor. This is not the case with cryptocurrency— if you head to an exchange to buy a coin, it is possible you will be buying from somebody who is at the same level as you (i.e., they invested around the same time you did). This is not possible with pyramid schemes since the only way to make money is to recruit new members. With cryptocurrency, you can trade and exchange with new or old investors. Also note, the main aim of cryptocurrency is not necessarily to get new investors since the price of a coin does not exactly rise due to adoption. Positive news regarding programming updates, partnerships, and new features can also just as quickly raise the price of a coin.

“Cryptocurrency is only used to buy drugs and launder money.”
This statement is commonly used by media outlets as a way to discredit the entire industry and the technology behind it. The best way to refute this statement is to briefly explain the nature of the blockchain and the sheer level of transparency that cryptocurrency offers. Most people who do not know anything about the industry get the impression that using this currency automatically masks your identity and your movements.

Explain to them that most coins have a global database of transactions which can freely be viewed by anybody. This, alone, is enough to discourage people from laundering money and purchasing illicit substances since law enforcement, the IRS, and other government bodies can track purchases with more ease than fiat.

“There is no underlying. value”
This is a half-truth. While cryptocurrency does not rest its value on assets like gold or land, it instead derives value from its developers and its code. Arguably, this is similar to how legal tender derives its value from its government and laws. Similar to how a decision or press conference from the President can affect the price of USD, an announcement from a lead developer can affect the price of Litecoin.

“It is too late to make money.”
I have personally found this argument to be said by people who only know of one cryptocurrency: bitcoin. Generally, the easiest way to open their mind is to show them that CoinMarketCap actually lists over 1500 coins and tokens. Of course, only a fraction of them are worth investment, but it proves that the industry is expansive.

New coins and tokens are constantly entering the market, many of which shoot up in price significantly after a while. One coin that has not had a long history, but is valued highly, is Nano. The coin only came into existence in early 2017, but in the space of a little over a year it has risen to the 28th spot. The main reason for this is the team it has and the technology it runs on. Finding a new coin with a great set of programmers and impressive code can be one way of making money in the industry. Of course, it is not the only way. The much larger coins like bitcoin, ether, and monero are still considered good investments now— this is because people still think the technology is undervalued. If that is the case, then it certainly is not too late to make money.

Originally published at cryptodisrupt.com

There is no point trying to persuade people from talking bad about crypto, there is no amount of ill speaking against blockchain will bring it down. It is established already and is begin accepted worldwide. Haters can only succumb and buy into crypto at the end of the day.

[LazyBitInvestor]

You are too nervous, just don't react on them  
There is a great quote from Mahatma Gandhi: "First they ignore you, then they laugh at you, then they fight you, then you win"

[charlemagne_15]

I think the best way to shut up bitcoin haters is to prove that you are earning on bitcoin. When I was starting at bitcoin, there are a lot of negative comments from my friends and they were always telling me to be cautious. Only a few of them supported me and those people are investing on bitcoin as well. They are earning enough money for their needs and they never regret investing on bitcoin even if the price goes up and down.

We share the same thought. If you really wanna shut up the bitcoin haters attack them by proving that bitcon is real and you can earn in here. Let them see the evidences of your success in bitcoin because fighting with them by talking is nonsense. Not minding them is also a way to shut them up. Let them bark and bark at you and bitcoin because they don't have any information on how great the bitcoin is. Always remember separate your self from nega people. Be with someone who will support you.

[bad_apple]

The very best weapon to shut them up is by showing them the good things that bitcoin has. Also, show them that it really helps your daily needs, in that way, they'll just think upon to themselves that they should stop hating and just start knowing what bitcoin really is.

[Dudeperfect]

I am doing this since last few months and it is really working in my case, the best way is to ignore the haters because no matter how deeply you are explaining to them, they will always criticize something. However, as an individual user, we must keep building awareness on our own level to explain people/layman about what Bitcoin is all about at its core. I never waste my time on the haters who keep saying Bitcoin is a scam without acquiring adequate information about it. The only way to counter negativity is to ignore it and start building positivity with our best possible efforts.

[xvids]

You just have to keep quit and let them see how you make money from it,
I think it is the best way to deal with them let them see how you become successful from it.

[xbiv2]

How to Shut Up Bitcoin Haters

This people will be scamed and die in powerty

[GeviraBrooks]

If you own bitcoin , when it will be up, show haters how much you own and say that you bought it for 100 $

[bolbau]

I think the best way to shut up bitcoin haters is to prove that you are earning on bitcoin. When I was starting at bitcoin, there are a lot of negative comments from my friends and they were always telling me to be cautious. Only a few of them supported me and those people are investing on bitcoin as well. They are earning enough money for their needs and they never regret investing on bitcoin even if the price goes up and down.

I agree that proof is one way to shut the mouths of haters. but what often happens is, haters will forever become a haters. they tend not to believe what I get from bitcoin, when there is an issue that drops the bitcoin they will be very happy to make fun of me, and the most annoying perspective is when they connect my religion with bitcoin, which is considered a religiously prohibited transaction. I prefer to cover both my ears rather than having to respond to those people.

[adpinbr]

Doing a lot of talking just to slam bitcoin's haters ain't gonna help. We must put some action to our investment and show them what are the results of investing in bitcoin or in other cryptos. you can also talk about bitcoin with your social media and reality friends for them to be encouraged in investing in bitcoin and to reduce the unemployment rate.

[cizatext]

Sinceany people in our societies are unclear about bitcoin and the crypto currency entirely the only where to win them during any conversation is to show the your proof, what you are able to do using bitcoin if not at that there are many people who still can't separate bitcoin from ponzi scheme.

[Kate Beckett]

I think you shouldn`t pay attention to those who hate Bitcoin. Basically, these people don`t understand anything in crypto-currencies and they are afraid of this phenomenon. It is easier for them to criticize and be hostile to this sphere than to understand this fact. Some of them will eventually realize that they were wrong. And someone will always stay with their opinion. Our task is not to let such people dissuade us.