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Author Topic: Why people don’t believe in crypto?  (Read 2506 times)
johnnywoo2015
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June 05, 2018, 11:52:31 PM
 #201

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 would like to ask you the opposite question. Why should people believe in crypto?
I know the answers to that question and I know that crypto and block-chain are going to play big role in the future, but ordinary people don't know it. Regular people are watching the mainstream media and cannot see the whole picture. Give it some time, people will educate themselves and crypto will be a lot more popular.

 
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June 06, 2018, 12:04:02 AM
 #202

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 have encountered a lot of people talking about crypto and asking me about it, they actually believe on it. but they easily lose interest because they dont actually understand it. time will make them realize for sure.

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June 06, 2018, 12:41:28 AM
 #203

The lack of knowledge about cryptocurrency is the biggest reason. For this reason people still do not believe in crypto. But more people will know about it in the coming time.
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June 06, 2018, 12:49:43 AM
 #204

I think the main reason people don't believe in cryptocurrency is the lack of knowledge. If only they take time to try and understand the basics and how cryptocurrency works then I am sure they will become believers just like us also. Fake news and rumors are also some reasons why people easily judge and don't believe cryptocurrency.
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June 06, 2018, 12:53:10 AM
 #205

Some people don't believe passwords because they don't know them, and most of them will see some negative reports on TV.

To become a future form of currency, encrypted digital currency should have at least all functions of existing currency: payment means, circulation media, value scale, value storage, etc. On this basis, the future of the human economy can be served only if the weaknesses of existing currencies can be improved or other functions can be provided.

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June 06, 2018, 01:05:28 AM
 #206

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 agree with that, but many people dont believe in cryptocurrency because they think that through online transactions, there's a high percentage of losing your money. they are afraid something like that would happen.

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June 06, 2018, 01:07:46 AM
 #207

One of the reason is they only believe with money that issued by government , they only believe money that come from Bank and has real office with full regulation. They do not believe with future of crypto because all crypto does not any real office and they thinking that fraud and they will loss money if they put money in to it.

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June 06, 2018, 01:17:01 AM
 #208

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?

According to me, it is difficult to trust those who do not have the time to enter the market with low price waves and unknown technology with anonymous participants with unspecified goals. They are afraid or not if they invest in crypto, they may lose money. I think and trust in the market will soon become very strong again.

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June 06, 2018, 01:18:33 AM
 #209

People are afraid that money they are going to invest on it can be wasted and suffer from loss so even the crypto is not cash in hand and people dont trust something like this as they have belief of keeping money in hand like banks .
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June 06, 2018, 01:32:53 AM
 #210

People are afraid that money they are going to invest on it can be wasted and suffer from loss so even the crypto is not cash in hand and people dont trust something like this as they have belief of keeping money in hand like banks .
I think why some people don't believe in crypto is because they scared to might have been scam and they scared to try crypto because they don't know how to do it. Also they scared to lose their money, but for me crypto is one of the source of income or make it as additional income for someone, so i suggest dont afaid of anything about crypto because it just only at forst when you're newbie, but when have enough knowledge about it surely you can gain a lot profit.

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June 06, 2018, 04:19:40 AM
 #211

Mostly people scared by crypto because they have no enough information related to crypto so they think that they will lost everything in it but if they find some information related to crypto then maybe they will also believe in crypto.

I think there is enough information about the cryptocurrencies on the Internet but very few news on TV. People are lazy enough to learn more about crypto, and that is why they do not trust it very much.
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June 06, 2018, 08:59:55 AM
 #212

Most people simply do not understand what the crypto market gives them, what opportunities it will provide. I'm sure enough people get a little investment from the crypto market so that they believe in its capabilities.
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June 06, 2018, 09:04:47 AM
 #213

Most people simply do not understand what the crypto market gives them, what opportunities it will provide. I'm sure enough people get a little investment from the crypto market so that they believe in its capabilities.
They don't believe in crypto because they are so afraid that they might lose their money and another reason is they don't have proper knowledge about cryptocurrency. They don't even know that crypto will help them to earn money. So, I suggest that if they want to be in crypto they need a lot of study and research.
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June 06, 2018, 09:12:57 AM
 #214

There are reasons why people don't believe in crypto.first are they don't know about it that's why people has many doubts on it. Second is because of the influence of media they easily change the mind set of people by posting fake news about it and some are they don't believe in it because they had a bad experience before now
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June 06, 2018, 09:21:57 AM
 #215

Maybe because its very confusing at first and not that easy to familiarized with, commonly if they are not in to technology.
They doubt on its process and how it actually works, money from a computer or hardware is surely unbelievable for them.

In another issue, those people who don't believe in crypto - experience fraud and scams and surely lost money from a start and lose their faith on cryptocurrency.

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June 06, 2018, 09:38:30 AM
 #216

This isn't an easy topic to understand. Macroeconomy, finance, new bleeding edge tech. It's not easy to get a grasp for a lot of people.
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June 06, 2018, 09:40:26 AM
 #217

Some people think that cryptocurrency is the other end of the world. Some people may think he is a villain. But I don't think so. I think cryptocurrencies will have a very good future. Because the world has always been balanced.
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June 06, 2018, 09:41:27 AM
 #218

I see this market as a new future because this is where people are free to business and their technology. I already convince some of my friends to join me in crypto. They are simply afraid to come to the market.
I'm also trying to convince my friends, but they seem to have come out of the forest. I'm afraid to say that it's insecure, although each month wonder my income. And they justify themselves by the fact that someday I will lose everything in this market.
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June 06, 2018, 09:42:20 AM
 #219

It's a process. People will understand slowly. Poor countries do not want to take risks. Countries that are rich do not need it. People are already rich.

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June 06, 2018, 09:50:01 AM
 #220

I used to be one of those people who don't believe in crypto before and one of the reason for that is lack of education. Until such time that it became a trend, online friends of mine are into crypto, lots of advertisement online about cryptocurrency and  billionaires businessmen are into it.

Crypto traders, investors, miners and bounty hunters are earning good money in cryptocurrency no matter what kind of ways they are doing but they proved me that there is money in crypto so why not give it a try.

I also agree to the one who response that people are afraid of something new, its 100% true they are afraid of change that is most people's mentality.

Overall there are lots of reasons why people don't believe in crypto, for us who believed and are doing this way of earning its our task to help other people understand the blockchain technology, how it will change the way we live as well as help them understand cryptocurrencies, ICO and the purpose why they need to adopt and believe in this technology.
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