Why people don’t believe in crypto?

[anxioushoarder]

You can think it has gone bad, or you may start thinking how can you take a good look at the good opportunities that remain.

[TonyFat]

I agree that the crypto currency has great potential, but many people are afraid of this and do not want to understand it.

[phucphotphe.09]

many people still do not trust the crypto world because crypto world has a very high level of risk, such as rapid fluctuations, and also crypto very often used by criminals such as drug trafficking, prostitution, money laundering etc.

[JSRAW]

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?

IMHO,  Due to lack of basic knowledge/education in blockchain/cryptocurrency. when Bitcoin was introduced back in 2009 by Satoshi Nakamoto it was more than an investment. early adopters were not big shot investors. they were highly educated individuals more precisely software engineers , developers, programmers etc. they spread the words in their best way they can and supported because they believed in the tech and the idea of decentralization.  

There is reason that back in days it was used by only Tech savy person.

Moving forward in mid 2017 (correct me if i am wrong) Bitcoin price rising up and its getting limelight in News channels. due to this more people starts coming in crypto. but most of them didn't had any technical knowledge (like me)

And some of them looked into it only for investment purpose and this is a big problem because they only invested for short term gains and they entered during bull run and bought bitcoin/altcoins on ATH and we all know what happened after that.

So its very hard for each of them to believe in crypto after loosing significant amount of money. here education in crypto comes in. if we as a crypto cummunity want to see mass adoption in near future then its necessary to educate people in easy language so that they can understand easily.

[Maya56674]

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.

[phamdong143a]

Cryptocurrency is still relatively new, just like any startups it requires time to grow and gain acceptance. Blockchain technology upon which crypto is built is good and will only take some time for mass adoption. People are still skeptical possibly because of regulations but only time will tell on the future of crypto.

[cadoso876]

because many lay people do not know what it is cryptocoin and they think very unreasonable if a can become money in the real world.they need science and time to know what is cryptocoin .. new from there they will believe about world cryptocoin.

[Avatar2030]

Over the past six months, the price of cryptocurrencies has been gradually declining and many investors are disappointed. If this market decline continues, many investors will leave this market forever and cryptocurrencies will never be able to regain a positive reputation and trust of other investors. We will hope that it won't occur.

[JSRAW]

Over the past six months, the price of cryptocurrencies has been gradually declining and many investors are disappointed. If this market decline continues, many investors will leave this market forever and cryptocurrencies will never be able to regain a positive reputation and trust of other investors. We will hope that it won't occur.

Just a matter of time in my humble opinion and many investors who thinking of exiting the market at current situation will rejoin again when price goes up in near future with more exposure to masses. seems endless cycle atm.

[Arroware]

I think they do not believe in krypto, maybe for those who do not understand about ktypto, so they are afraid to invest in krypto, and will also be afraid of losing their money, so we think they are afraid of ktypto.

[Asawakobana2017]

Over the past six months, the price of cryptocurrencies has been gradually declining and many investors are disappointed. If this market decline continues, many investors will leave this market forever and cryptocurrencies will never be able to regain a positive reputation and trust of other investors. We will hope that it won't occur.

Well at first I believe that it is really hard to believe on crypto, because it is really the most amazing way to earn and we can really gain on it buy simply doing such thing, investing, trading , joining a signature campaign,etc. I think we can all see that crypto is unbelievable.

[Paulo171]

just as the word crypto sounds, to them it still is suspicious in every area for them, most persons prefer to deal with physical cash than rely on digital currency that to them isn't physical. plus a lot of bad persons have helped them solidify their claims to this through crypto scams. all they need is time and proper enlightenment.

[engesi]

Because some of the current news they scam the cryptocurrency for MLM or Ponzi schemes, these news have seriously affected people’s judgments. Many people easily believe these rumors and do not dare to invest in cryptocurrencies.

[jumbomugumbos]

Its like any market disruptor, people just don't trust it. Think of stock trading and derivatives trading, highly speculative and plenty of people get shafted by them.

[OrangeLover]

Yes, most people don't believe in crypto. This may because of lack knowledge on Cryptocurrency world and trading concept.  They don't understand how its work actually.

[Orda]

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?

maybe peopel do not knlw a lot about it or at least they failed a few times and nkw they are blaming everyone but themselves

[Orda]

Crypto market full of system program base. Crypto currency fully saved in online wallet or hardware wallets. It's not our normal personal wallet rather it's system wallet . Compare with past six months in Crypto market currently it's very low last January crypto very peak condition. Governments not accept crypto currency. Therefore people don't believe in crypto.

i think tht crytpocurrecny bisiness is not the most dangerous and there are some businesses that are more dagnerohs

[kaspabha]

Still cryptocurrency is a new technology and very few people of the world are using this. It can not see and touch as fiat and really volatile. Most of people do not know the existence of crypto and most people who knows it, not like to trust it's future. They consider this as a bubble. Because they do not have a proper knowledge about crypto. That is the main reason.

[Hoxysado]

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?

maybe peopel are disappointed and failed a few times, tht is why they hate cryptocurrencies and do not believe in them

[Hoxysado]

Still cryptocurrency is a new technology and very few people of the world are using this. It can not see and touch as fiat and really volatile. Most of people do not know the existence of crypto and most people who knows it, not like to trust it's future. They consider this as a bubble. Because they do not have a proper knowledge about crypto. That is the main reason.

tht is why people should try another  and ajother time they can get rich if they try a lot and do not give up