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Author Topic: Why people don’t believe in crypto?  (Read 2506 times)
lositech
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June 26, 2018, 06:20:12 PM
 #541

Many don't believe in crypto because they think crypto currency is a bubble and they think it is a scam where you put your money and it will sink, other don't believe in the crypto because of the way the price moves, something high sometime low,
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Retinol
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June 26, 2018, 06:39:08 PM
 #542

people don't believe in cryptography yet because they have little information. many consider it a pyramid or a fraud. Gradually, the society will accept crypto and everyone will use new technologies, but they will not be able to earn on this. Bounty hunters do a great job, recommend to get acquainted with the development of crypto Wink Wink Wink
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June 26, 2018, 06:42:39 PM
 #543

Well, not all people believe in crypto currency. All the same, a lot of people are already involved in this.

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June 26, 2018, 06:46:17 PM
 #544

i think the reason they don't believe in crypto is perhaps because they don't see the use that crypto can have in real life, i can't go to my local supermarket and pay in bitcoin and to them cryptomoney have no real use moreover it's also scary to buy crypto because the price fluctuate too much and there is the possibility to lose your money
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June 26, 2018, 06:54:14 PM
 #545

The main two reasons due to which people don't beleive in cryptos are the government support and the risk factor.Cryptos are not supported by governments in many countries and people mostly avoid that work which is against the government rules.Second reason is the risk factor.People often find it risky to invest in cryptos because of the volatile nature of cryptos.They are afraid of facing losses and that's why they don't work with it. These are the two reasons due to which people don't beleive in cryptos.
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June 26, 2018, 06:57:59 PM
 #546

Because a lot of people are trying to get rich by fraud and a lot of people are suffering from it. Cryptocurrency is the technology of the present and I hope that it will be recognized by the States of the world as an official payment system.
parkraol
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June 26, 2018, 07:09:06 PM
 #547

People dont believe in crypto because no one explain to them. They just need to know the benefits of it, show them the proof so that they will believe. As long as they do not see evidence that you earn a lot in the crypto they will not really believe. Just like me, before I did not even believe until some friends explained to me
KenChanYu
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June 26, 2018, 07:11:17 PM
 #548

I have friends that just started crypto trading, and I found them very scared on what is happening in the market. Most of people is having doubts and scared in the volatility, but what they dont understand is, that is how people will earn good profit in short amount of time.
They not only lack faith and understanding about cryptocurrency, but also missing a great opportunity of becoming wealthy, and changing the quality of life. There can be several reasons why people lose their interests in cryptocurrency. It can be due to its volatility, fear, risks, misconceptions, media influence, or bad experiences.
GameOfBit
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June 26, 2018, 07:37:20 PM
 #549

because people so much are afraid to lose the money and the more in unknown for them currency.for majority it is digital money.

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June 26, 2018, 07:39:29 PM
 #550

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?

though the technology is god given, we cannot please everybody because some people are afraid of change and cannot cope or embrace new teachings or things that can improve the whole society.
shinchan123
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June 26, 2018, 07:41:37 PM
 #551

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?

People do not believe in crypto for different reasons. It could be that they are skeptical since they are not fully aware of what crypto is. Another thing is, not all people are into technology and computer literate, that is why they have no idea what cryptocurrency is. Some must have known crypto but must have a pretty bad experience on it.
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June 26, 2018, 07:41:51 PM
 #552

There are not many such people, but the rest do not believe because of any rumors and prejudices. Maybe you just need to explain to them how crypto currency works
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June 26, 2018, 07:42:23 PM
 #553

I think people believe basically what they say on TV.  I myself would not trust crypto-currency if I had not been introduced to her by a friend  Smiley
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June 26, 2018, 07:44:08 PM
 #554

not everyone don t believe in crypto and if it is in that way it shows the lack of search and of knowledge since it is future s investment according to searches.

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Ucy
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June 26, 2018, 07:44:45 PM
 #555

"Why most people don't use Cryptocurrency"  should be the right question.
They don't understand crypto?  Most  haven't heard of Crypto before?  Some are scared due to the bad publicity crypto gets? Crypto is too volatile? Crypto isn't really useful to them? Most  are OK with their National virtual currencies?
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June 26, 2018, 08:09:16 PM
 #556

The potential of crypto is really great but it's still something new for most of people and they afraid crypto. But I think that we shouldn't afraid new things first of all we should researh them and only after that make conclusions. If look at cryptocurrency it has a lot of benefits and I think it's our future
Crim3
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June 26, 2018, 08:10:11 PM
 #557

Ordinary people need much more time than we think... For a long time we'll prefer to transfer money personally in hands)

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thresher
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June 26, 2018, 08:22:34 PM
 #558

In most cases, the future is incomprehensible to people. There is also a fear of change, because they do not understand what this is. That's why it's very hard to get someone into something he does not understand. In addition, the older the person the more difficult it is to give new technologies and knowledge. The sad part is that those who do not know much about it do not want to learn about it but they just prefer to criticize it. People just take fake news and they start to spread it. Those who do not like to research much also end up believing everything they hear. And also there is too much scamming projects around which does not help about this situation. Most people know only about these scam projects and they have no idea how the successfull ones works and they never believe once they hear it.
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June 26, 2018, 08:32:57 PM
 #559

this is because cryptocurrency is still very volatile and crypto is also very widely used by criminal acts, such as the sale of drugs, prostitution, terrorist financing, money laundering, etc. it can happen because of an anonymous crypto and difficult to trace

tyronecoinbit
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June 26, 2018, 10:50:33 PM
 #560

In my opinion about that are those people who have a pride on their self as they have close minded even they already see the changes of the users especially the way of living of users had. Basically, we try our best to discuss what is crypto currency all about but somehow they just easy judged that all what we have doing is a scam even it's already proven that all of this are legit. I believe someday most of them will realize and admit one day that they will believe all about crypto currencies.
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