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Author Topic: Why people don’t believe in crypto?  (Read 2571 times)
baienpee
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June 04, 2018, 09:51:10 AM
 #101

I think some people think that cryptocurrency is a Ponzi scheme. In my opinion, they are stupid. Cryptocurrencies and Ponzi schemes are not a concept. They do not understand what is the true meaning of free currency.
Emperor of Man
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June 04, 2018, 09:52:13 AM
 #102

Many reasons:

- They don't understand it. Many people only learned fiat money, supposedly "backed by gold" and they don't accept any other form of currency in their mind.
- It's hard to buy and use for some of them.
- News about this crypto increasing 2x in value and that crypto dumping %80 worries them.
- Some people don't like taking a risk.

Whatever the reason is, it's their loss! Someday they fomo in, but it would be late.  Smiley
batang_bitcoin
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June 04, 2018, 09:53:47 AM
 #103

Hey guys, why do you think people don’t believe in crypto?
Lack of knowledge, lack of capital, fear of the hearsay.
The potential of crypto is great.
We as crypto fellows, we know the potential of cryptocurrency and blockchain but as I've mentioned above they are lack of those things.
Moreover crypto is the currency of the future! Do you agree?
Definitely and it's exciting.

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bmirror83
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June 04, 2018, 09:54:07 AM
 #104

Yes, their potential is great but they don't give people a predictable future for now. This is not their fault but people's reaction are understanble while cryptos future is not clear.
PeterTom
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June 04, 2018, 09:56:21 AM
 #105

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 dont believe because of their psychology. After all, initially it may seem like a ponzi or just a divorce for money. I honestly also thought so. It's all a matter of time, but it need at least a minimal regulation, so that really a lot of people have come to the crypto currency
bitcoinking11
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June 04, 2018, 09:56:38 AM
 #106

It is not that people don't believe in crypto, some people don't believe in it, but some people have made a lot of money by investing in cryptocurrency, which is not possible in any other sector.
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June 04, 2018, 10:01:56 AM
 #107

Crypto-currency is gaining adoption at a very fast rate partly due to a lot of projects being launched on the blockchain, affecting almost every industry.A lot of persons are beginning to see the unique benefits cryptos offer.Also the failure of traditional approach also has given cryptos a boost.For example,we have seen the devaluation of fiats currencies in a very short time causing people to look for alternative means to store their wealth.
sikami
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June 04, 2018, 10:02:05 AM
 #108

It can not be the currency of the future, it can hardly happen
icestar001
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June 04, 2018, 10:05:25 AM
 #109

Because there are many of them nowadays, some give people the feeling of trash beside, the growth of bitcoin and some famous cryptocurrencies is really suspicious
Jas18
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June 04, 2018, 10:10:40 AM
 #110

Because there are many of them nowadays, some give people the feeling of trash beside, the growth of bitcoin and some famous cryptocurrencies is really suspicious
Yes i also think about it. However, maybe a lot of people dont believe on crypto because they were not able to have benefits on it. And maybe there are more negative issues they saw then positive outcomes about it. Maybe we could help crypto to spread with positive vibes.
pureheart
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June 04, 2018, 10:14:09 AM
 #111

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?

Because of fear, they are afraid that maybe crypto is only made to scam people just only to get money from people..
And also because they don't know what crypto really is. What crypto cqn made to them ..
Water_Crane1234
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June 04, 2018, 10:31:35 AM
 #112

I agree but as with most technology people are afraid of what they don't fully understand, this is why we need to bring awareness and educate people about crypto, once people are given the correct information and knowledge people will start believing in Crypto being the future for their financial activity needs.
gokusenpai0302
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June 04, 2018, 11:04:23 AM
 #113

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?


Cryptocurrency will be part of every economic system in every country, just give other country time to adapt blockchain technology. Cryptocurrency will last forever, it will be part in our economy like in Japan you can purchase products using Bitcoin. Some people think that Bitcoin is scam that is why they do not believe that much in crypto.

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babsjoe
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June 04, 2018, 11:07:11 AM
 #114

Cryotocurrency is somewhat abstract and definitely not tangible for average person to relate with! vBitcoin used to be a currency  for I.T professional and coders and devs until people begining to see the  massive advantage of bitcoin over fiat!
Alex077
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June 04, 2018, 04:32:24 PM
 #115

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?
Generally, people don't perceive everything new and unconventional, including cryptocurrencies. This is a completely new area, radically different from the usual money and banks. Also the weak information support and advertising, it doesn't allow to involve many people in the world of crypto.
mongkie
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June 04, 2018, 05:05:53 PM
 #116

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?

we cannot please everybody. everyone has a unique field where they are fit. not everyone is a baker right? some are blacksmiths, some are businessman, some are entertainers. not all people are into cryptocurrencies this is to maintain the balance of the world.

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greggypiggy
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June 04, 2018, 05:10:25 PM
 #117

Its because most of people have no knowledge on cryptocurrency. People tends to not believe if he has no idea about it. Most of the time people who hates crytocurrency lacks knowledge on it and believes that this is another online scams. We all know here that cryptocurrency has high potential to grow more, but we cant please those people who doesnt believe on it. All we can do is do something that can make cryptocurrency known as good in other person's perspective.
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June 05, 2018, 05:06:39 AM
 #118

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?

Simply for many people, this technology is too complicated, they can not understand all the terms, because of their ignorance they begin to blame the currency, yielding to widespread propaganda.
Mohit1243
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June 05, 2018, 06:01:36 AM
 #119

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.
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June 05, 2018, 07:32:19 AM
 #120

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?

Because some peoples or even many peoples still don't know about the potential of cryptocurrency.
There are only some peoples that believed in crypto potential and decide to spend their money and time in crypto.
Cryptocurrency could become the currency of the future if everyone keep spread the word about cryptocurrency potential.

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