How to Shut Up Bitcoin Haters

[airdnasxela]

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

On my opinion,  the best way for a bitcoin user to shut up bitcoin haters is to telling them that you are actually earning money from bitcoin and showing them how much you have earned. I think this option or way will completely remove all the thoughts and negative thinking of these haters and I am quite sure that will make them stop hating and might even invite them try using bitcoin.

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[MFY151]

Why would I even try? They're just burdens I am not willing to carry on my shoulders. I don't wanna be stressed out because of these people. They're not my responsibility anyways. The only way they'll shut up is if they try the system for themselves and find out that it works, or show them proof that I am actually earning here. It's as simple as that.

It would just be a waste of time, it is true that we don't actually need to do anything to these skeptics aside from continuing our business as usual and making our own life itself as a living testimony about bitcoin to prove them wrong. Nothing can persuade this close minded people the best with them realizing it themselves and by that time comes then they would wish they knew it sooner.

[Wewe Gombel]

Wprices keep rising they automatically shut their mouths, they will think that the thing they are doing is useless, and it seems that this time it happened because the price immediately returned to the highest position that occurred in the last year that is $ 19k.

[abanansah]

Bitcoin haters are mostly people that needs education on how blockchain operate and the need to teach them about it. I got friends that I lecture them more often when they compare bitcoins to ponzi scheme. They come to love it after they are corrected .

[poletando]

like people say that haters gonna hate and lovers gona love, so if you love to bitcoin o think you can try this to the bitcoin haters, just ignore them and make they are not in there, someday they will tired to hate bitcoin because there are not response and will disspaear slowlu

[AliMan]

like people say that haters gonna hate and lovers gona love, so if you love to bitcoin o think you can try this to the bitcoin haters, just ignore them and make they are not in there, someday they will tired to hate bitcoin because there are not response and will disspaear slowlu

There is always an opposition in any kind of matter or issues. Haters will not be gone and will continue hating a kind of matter just like bitcoin. What is more important is that prove to them not in words but in actions and outcomes that bitcoin is not a kind of scam or whatsoever they always say.

[boblets243]

There is no way to stop the haters, so ignoring them is the only solution. Even if you would try to explain them the whole Bitcoin thing and why is it good and even if you would show proofs about your earnings, you'd only waste your precious time. Haters gonna hate regardless of what you do.

I totally agree. We need not to explain ourselves with the crypto haters. What is the best thing to do is to continue with our goal to earn. All we need is to show these haters that we are already earning. In the first place, these haters will not help us. So let us focus with our goal in crypto.

[KenChanYu]

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

On my opinion,  the best way for a bitcoin user to shut up bitcoin haters is to telling them that you are actually earning money from bitcoin and showing them how much you have earned. I think this option or way will completely remove all the thoughts and negative thinking of these haters and I am quite sure that will make them stop hating and might even invite them try using bitcoin.

People hate bitcoin because they lack emotional maturity, are insecure and have low self-esteem. We can't control their opinions and principles because they are so trapped with their anger. What we can do to deescalate someone's anger is to listen to them, prove them wrong about their misconceptions in bitcoin, show sympathy, validate their feelings, and help them understand how it works and discuss how valuable and profitable it is.

[Alanpigi80]

Tue best way is to ignore them. Being "hater" is different from being ignorant about bitcoin. With haters you can't do really much against their useless arguments, so keep them talking until they get bored

[Piggymonster]

Bitcoin haters gonna hate, we just shake it off. We will just ignore them and focus on the good benefits of our bitcoin investment. When they see that we are successful and have big earnings, they will regret why they don't join early.

[Coffee_Lover]

When the first time learned about bitcoin and encouraged to research about it, i was in doubt if I will tell it to my husband and family members. I didn't want to tell them unless I have proven its worth. When the first time I received my tokens in the bounties I joined, that was the time I told BTC to them since I have my proof.

Now, for me, if you really want to shut them up, slap your proof to their face at tell them out loud how BTC helps you in your daily living. If they still don't believe, better stop convincing them, continue what you are doing. It is not your lost anyway. 

[Mikasa77]

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.

For the best way to shut the mouth of the haters isbto prove them that bitcoin is not a scam nor illegal, I will tell them that bitcoin id a job that, we can earn a lot of money after a few months or a year because in bitcoin, you will surely earned money, bitcoin is worth if waiting because it trustworthy and it surely that your account is safe amd secured, and lastly, there is a lit of people who can prove that bitcoin is real.

[Apiapik]

We can provide understanding with a language that is easy to understand. The second is, we show proof that we can get everything we have with bitcoin. A little show off and a little arrogant it is necessary.they can open his insights.

[jhonnydeep87]

There are so many people hate bitcoin because they do not know how bitcoin works and they think that bitcoin is not valid. One of the ways to close haters is to prove to them that we are getting laxity due to bitcoin and many privileges in using bitcoins. Show them that we become successful people from bitcoin income results.

[longwintershere]

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

well written, yet there will always be people complaining about bitcoin, calling it names. Sometimes it's not possible to reason with people, it's better just to let people to decide for themselves.

[ridwan99]

it is very difficult.I just don't mind them but if they want to understand about bitcoin I would love to extend my help to discuss to them the possible ideas that to be easily for them to analyze the real goodness of bitcoin. If they stick to their opinions I can't do anything for them. So I would never be thinking or stress if they don't listen but they can see how I am improving mentally, physically and financially.

[stephanirain]

it is very difficult.I just don't mind them but if they want to understand about bitcoin I would love to extend my help to discuss to them the possible ideas that to be easily for them to analyze the real goodness of bitcoin. If they stick to their opinions I can't do anything for them. So I would never be thinking or stress if they don't listen but they can see how I am improving mentally, physically and financially.

Just ignore those people who hates bitcoin because we are just wasting our time explaining to them about the goodness of bitcoin and it won't effect on our earnings. They just give fake news and useless opinion about bitcoin, so other people wouldn't invest on it.

[Shinpako09]

Unfortunately, we can't shut them down because they do believe in their own words. Even if you showed them a proof, if they don't like btc, they don't like btc. The best thing to do is just ignore laught at them and let's continue on earning/making money from btc while they are not.

[$$$sparkles$$$]

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

Don't even try! Why make it a burden? Just go on with your business and let them do theirs. There will always be bashers, haters, skeptics and all other types of individuals who judge things without even looking into them. They make assumptions based on their instincts and limited knowledge. These people usually have nothing worthwhile to do in their lives and so they find ways to cover up their boredom and puny minds!

[uszaty43]

There is nothing that you can do against that, maybe that is the reason of why i am never telling anyone that i have bitcoins on my wallet, it is risky, and at the same time, they might think that you are crazy because of having them