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Author Topic: Why people don’t believe in crypto?  (Read 2506 times)
abztabz
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June 18, 2018, 08:57:45 AM
 #401

i think people dont beleive in crypto because they dont have knowlede about crypto and they value their money they afriad to scammed

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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June 18, 2018, 09:02:23 AM
 #402

I still believe in crypto but it is getting harder and harder each day  Undecided.  There are those that call it a ponzi scheme, but crypto has been going for several years now and there are many companies investing millions into getting their crypto companies up and running.  Without shilling, look at FunFair (Fun token) - they are currently in beta, have a crypto casino go live in a few weeks, their CEO is an ex games developer and CEO for William Hill bookies and the price of their coin> 2c!!!!!!

So when a coin value can be determined on hype or price manipulation, i do get fearful, but i am trying to remain upbeat!!!
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June 18, 2018, 09:13:17 AM
 #403

I think, crypto does not believe in those who do not have complete knowledge about them. There are many people who spread bad news about the crypto currency, because of them too many people do not want to acquire accurate knowledge about crypto. I think people who do not believe in cryptocurrency can not be fooled like them.

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Just John
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June 18, 2018, 11:09:53 AM
 #404

People don't believe in cryptocurrencies because they do not know what cryptocurrencies are and what they are used for. The fact that the prices of cryptos are very volatile do not help matter either because people are scared that they are going to lose their money when they put it in cryptocurrencies

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June 18, 2018, 11:37:15 AM
 #405

Despite the fact that cryptocurrency has a great potential and good future, it is still quite unfortunate that some people do not believe in cryptocurrency.In my own opinion, I think some people do not really understand the blockchain technology structure of crypto operation. Also, some people imagine and see crypto as a scam. Several individuals see it as a cheat online business. Some people even believe that there is nothing like digital currency that it is only the currency they can see and handle they believe in. The major problem with many of these people who don't believe in crypto is lack of knowledge and understanding on how crypto runs .


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RemBlanc
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June 18, 2018, 12:11:32 PM
 #406

In my opinion, since people doesn't t believe in things that aren't proven or tested they tend to not accept things. Cryptocurrency is not yet known to all so there are really people who doesn't believe it. But if they tried to invest in cryptocurrency then they will believe it. Someol of them thinks that it is a scam or not true.
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June 18, 2018, 01:14:09 PM
 #407

I also think that cryptocurrency is the future trading currency, but its current state is not very good. A lot of tokens are used for commercial hype. I think such development will make cryptocurrencies a commodity! Not money!

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June 18, 2018, 01:18:18 PM
 #408

People's interest in crypto-currencies is quenched at the same speed as bitcoin is losing its position in the price, so to say that someone does not like crypto currency is only because people have lost a lot of money on it.
Lora_ng15
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June 19, 2018, 09:42:38 AM
 #409

people do not believe in crypto currency because the state is against it, and the media do not want to talk about crypting anything good, states control people with money and it is not profitable for them to stop using them

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samuellim853
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June 19, 2018, 10:39:08 AM
 #410

Well you can't really blame them, it's got a long way to go. It's not great atm as a form of currency.
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June 19, 2018, 10:45:13 AM
 #411

It's become a buzzword and I think a lot of people see it as a fad. A lot of people talking about it in the media, without a true understanding of what it is. Blockchain has become a marketing jargon, thrown around to garner PR/interest. People still don't see it as accessible, they still don't truly buy into the reason why it's needed either.

Katya91a
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June 19, 2018, 11:12:40 AM
 #412

Because people do not even try to understand, they immediately say that the crypto currency is a Scam. They're afraid of being cheated.
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June 19, 2018, 11:17:53 AM
 #413

In my opinion people don't believe on crypto currency because they don't know how it used and many newbie try to join in crypto and invest and turn into scam. That's why they don't believe it again.
MisterLangley
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June 19, 2018, 11:46:18 AM
 #414

Not everyone does not believe in crypto, if anyone does not believe in crypto, it's just people who do not study the crypto as a whole. But if you mention that crypto is a future cryptocurrency, I myself am not agreeing even though I hope to really become a future cryptocurrency.
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June 19, 2018, 11:52:31 AM
 #415

I have a friend, who don't believe in crypto. He think that crypto is MLM or some casino. You can loose your investment one day. That effective for the newbies, but I was newbie also while ago, but I didn't lost anything. I have some simple rules do not invest in lending projects, gambling, games and so on. Thit rule saved my ass couple of times. Look at the bitconnect right now)))
ngocnga0051
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June 19, 2018, 04:21:37 PM
 #416

Common reason is because they are scared in many things...  Scared of bieng scamed,  scared to trust and scared of losing something.. We maybe like that before  , but having more knowledge will help you gain more confidence .
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June 19, 2018, 04:24:14 PM
 #417

I think the main reason people do not believe in cryptocurrency is the lack of knowledge, because right now I've met a lot of people talking about crypto and asking me about it, they really believe it. but they easily lose interest because they do not really understand it so deeply, time will make them consciously sure, I have met many people who talk about crypto and ask me about it, they really believe it.
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June 20, 2018, 11:08:53 AM
 #418

rather, I know little about what does not trust or do not believe in cryptocurrency. at first when I was also a little versed in this I thought that all the huge soap bubble that will soon burst and people just lose their money. but in practice, it turned out that this is a fairly promising investment that can bring a lot of money.
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June 20, 2018, 11:24:04 AM
 #419

Hi everyone. Indeed, this problem is still relevant today. In my opinion, everything from the fact that people are little informed about cryptocurrencies, and everything that we do not know, as a rule, is very frightening. That's why people are so skeptical.
Superturacoin
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June 20, 2018, 11:31:24 AM
 #420

Hi everyone. Indeed, this problem is still relevant today. In my opinion, everything from the fact that people are little informed about cryptocurrencies, and everything that we do not know, as a rule, is very frightening. That's why people are so skeptical.
If we are lack of knowledge about this investment technology definitely we are afraid to involve here but in fact if you try to look or read about cryptocurrency it will slowly encourage yourself to participate or join because you already learning and improving for the better.

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