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Author Topic: Why people don’t believe in crypto?  (Read 2506 times)
CircularLoGic
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July 18, 2018, 10:06:00 AM
 #821

Bitcoin has brought new technology to this world, maybe some people don't believe in it because they don't understand it. Others who bought bitcoin during the peak of hype around cryptocurrency, have lost their money and say that this is a bubble...

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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July 18, 2018, 01:24:26 PM
 #822

Bitcoin has brought new technology to this world, maybe some people don't believe in it because they don't understand it. Others who bought bitcoin during the peak of hype around cryptocurrency, have lost their money and say that this is a bubble...
Such a thing has scared away many people who just joined the encryption market. They think there is deception here. There is no stable market to maintain.

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July 18, 2018, 02:49:01 PM
 #823

Thats because they do not understand what cryptocurrency is all about and the benefits attached to knowing cryptocurrency but i still think its not mandatory for them to believe it but its just a matter of time they will.
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July 18, 2018, 02:51:26 PM
 #824

Perhaps people who do not believe in cryptography just do not understand it  Huh
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July 18, 2018, 03:03:55 PM
 #825

I think those people are lack of knowledge about crypto they didn't understand what crypto it is.
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July 18, 2018, 03:46:19 PM
 #826

Because they' re always looking at the benefits in front of them without thinking about the long - term , and when the investment is not conducive , it leads to a consequence that you lose money without getting back. So what they don' t believe in crypto is a very normal thing , that's why many people have.
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July 18, 2018, 04:12:12 PM
 #827

What may be less easy to grasp is that U.S. dollars are likewise an illusion. They too consist mainly of numbers out there in cyberspace. Sometimes they’re stored in paper or coins, but while the paper and coins are material, the dollars they represent are not. Money itself is an illusion, a mass hallucination. You’re working hard to make it, grow it, and keep it, but even so, the only real thing about it is its symbolic power. Which is indeed awesome, considered from a certain angle.
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