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Author Topic: Why people don’t believe in crypto?  (Read 2506 times)
TheFirstCreator
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June 05, 2018, 09:51:40 AM
 #141

It seems for me that the very first reason why people don’t really believe in crypt is the fact that crypt is not stable. Someone lost a lot of money. But crypto market is too young to be stable. So we need to believe that it would be better in the future..
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June 05, 2018, 10:00:45 AM
 #142

Cryptocurrency is still relatively new, just like any startups it requires time to grow and gain acceptance. Blockchain technology upon which crypto is built is good and will only take some time for mass adoption. People are still skeptical possibly because of regulations but only time will tell on the future of crypto.
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June 05, 2018, 10:32:47 AM
 #143

Because the current cryptocurrency has no practical application, many tokens have no dependable products. Even if it has products, its practicality is very small. People are more willing to believe what they can touch and see!

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June 05, 2018, 10:44:29 AM
 #144

Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?

Yes i do agree crypto currency is currency for future, that's why many are still hesitate and afraid to embrace and invest mainly because they are still on the stage of getting into it and trying to understand its volatile characteristics.  It also add the arising negative social media news for ico scammers that greatly affect big lost of investmet.

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June 05, 2018, 10:47:44 AM
 #145

Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
So many people do not believe in Crypto, That's all right, It's still very new, in the early stages of development, Value and interest of the community is changing so fast! need stability!
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June 05, 2018, 11:00:46 AM
 #146

I've always believed it to be fear of the unknown tbh. Weirdly enough some people even have religious reasons. Perhaps for some its just the volatility. The reason I took so long to start investing was for that same reason till I decided to just take the plunge.
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June 05, 2018, 11:08:24 AM
 #147

People attribute crypto to be a scam. Many people do not believe in crypto because of the price volatility as well.  They think that crypto is a bubble, making them not to believe in it. But I guess that with time, they would get to know the truth more
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June 05, 2018, 11:17:57 AM
 #148

Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
I do not think they do not believe it but rather they do not know the workings and profits derived from the crypto world.

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June 05, 2018, 11:28:21 AM
 #149

i do agree with you that crypto is the currency of the future. but i don't think that people don't believe in crypto. Yes, it's true that many country don't want crypto because of some reason. like vat, criminal issue etc. but day by day crypto currency is going forward. many people invest there money on it everyday. huge company's are showing there interest in crypto that's why they create there own crypto. so for me it's moving on. Smiley
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June 05, 2018, 11:36:50 AM
 #150

At first Cryptocurrency came in this online industry On that time people don't believe with cryptocurrency because they don't have any idea with cryptocurrency but now there are too many people believe in cryptocurrency because people understand and some people already make a million of dollars so all people don't believe with cryptocurrency some people believe in cryptocurrency.
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June 05, 2018, 12:29:25 PM
 #151

Some people are just afraid, because today there are a lot of myths about digital coins that mislead users.
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June 05, 2018, 03:57:06 PM
 #152

Just a very few people entered the market. And very few people got a big profit here, they need time and then many will believe it!
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June 05, 2018, 05:51:14 PM
 #153

Many people succumb to skepticism, this is a normal situation. The main thing is for the market to gradually grow with the development of the technologies used, then people will be able to see its advantages and prospects.
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June 05, 2018, 05:56:05 PM
 #154

yes I really agree with you cryptocurrency is the currency of the future, those who refuse in my opinion because they know little about cryptocurrency, because they do not understand the usefulness and the actual function of the currency crypto
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June 05, 2018, 05:56:39 PM
 #155

Many believe that crypto is a major financial bubble. They are simply afraid to come to the market to be convinced of the opposite, only a consistent development of the market will allow them to change their minds.
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June 05, 2018, 05:56:55 PM
 #156

Maybe because they don't believe in what they don't see,
Some people don't believe it because of the value of crypto ,
And they just want to be careful about their money they know that the price only depends on the demand and they are scared if they put their money in it and the demand falls down.

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June 05, 2018, 05:58:06 PM
 #157

Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?

I agree but that is once you understand what real crypto currencies are.
But as of the belief of people, there is still a larger percentage who dont want to invest in air. Yes, when I talk to a group that is what they say. It has nothing. It is just in the internet and no physical attribute.
I guess the belief of wanting to have something that you can hold on to or feel is still there.

A large percentage of that group will still go with gold or valuable things like paintings and rare items.

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June 05, 2018, 06:48:50 PM
 #158

Yes, it is true a lot of people don't believe in crypto because they are not informed ,They don't have any knowledge about cryptocurrency besides most people are not educated so it is difficult to bring them into the crypto world. another thing that has made people not to believe is the social media , because of what they see and hear in the social media they are discouraged and so they don't believe in cryptocurrency.
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June 05, 2018, 06:53:52 PM
 #159

Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
I agree with you that the cryptocurrency has great potential in the future. The only thing that other people in getting into crypto is FEAR, fear of losing money because there are alot of FUDS in the internet it is easy to spread false claim that may affects people's mind and decision. Also not all the people have the guts to risk their money in cryptocurrency.

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June 05, 2018, 07:30:38 PM
 #160

Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
I think everything is simple. People consider first of all cryptocurrency as a way to earn money, but do not see the perspectives of this technology. And look at the collapse of all cryptocurrency and you will understand everything. What newcomers will venture to invest their money in the crypto, when you can get -10-20% and more per day.



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