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Author Topic: Cryptocurrency Phobia - new social phenomenon  (Read 171756 times)
reality18
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November 01, 2018, 01:24:08 AM
 #121

The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?

Most of these people with negative perceptions are not well informed about crypto. These people thrive on the false news presented by the media, banks and governments about cryptocurrency. They have failed to learn the truth. The only way to curb this is to take the truth to them through effective shared knowledge and awareness creation in every form.
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burky156
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November 01, 2018, 03:57:50 AM
 #122

haters gonna hate bro. one thing I'm glad I learned is that people are for the most part full of shit, you shouldn't take them seriously. don't try to show them they are wrong; let them stay comfortably in their ignorance.

Yes! Exactly it is, haters gonna hate. But i am sure that those haters will regret in the near future because they will not buy antyhing about cryptocurrency. There are many rumors and speculations but i would not hear them, because i know that we are in the right path with cryptos..
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November 01, 2018, 06:23:46 AM
 #123

I wonder what will be the term to be minted out from that fear. Is it cryptophobia? Whatever it is, it is just normal if you are into crypto investments. Some of people who are inexperienced in crypto investment will surely have this kind of fear when they have already experienced how their investment fall down hard.

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November 01, 2018, 06:35:55 AM
 #124

they afraid because bitcoin price is not stable and afraid lose their money because bitcoin price is expensive.
they have never tried, they are afraid to try it.
You are right, they are afraid before trying and giving the assumption that bitcoin is fraudulent, but if they have tried and it turns out that bitcoin is very profitable, they will regret that they did not invest with bitcoin before.
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November 01, 2018, 06:47:47 AM
 #125

The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?

it must be straightened out about such statements, cryptocurrency for someone who does not know more deeply may be used as a phobia because it will continue to be something that might be detrimental to them. This must be answered with a positive statement if cryptocurrency can have a positive impact.

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November 01, 2018, 06:57:56 AM
 #126

The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?


Many of these phobias are explainable after all what happened during the last year. However, if you di a lot of research you can definitely find a lot of good projects that still brig great profits. I would mention here specially non-ICO based projects, as there is no risk that the project to vanish after all the money from ICO have been collected.

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November 01, 2018, 07:42:18 AM
 #127

Anybody is free to express his views regarding cryptocurrency, provided that those views are true reflections of the realities on ground. In some cases though, some people spread negative news with the motive to scare innocent people away.
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November 01, 2018, 09:59:28 AM
 #128

People are always afraid of something new and unknown. But fear disappears when they begin to study the cryptocurrency market and understand how it works. If, moreover, they begin to competently practice the use of crypto currency for the purpose of earning, then they stop seeing something terrible and frightening in it at all. From this I conclude that illiteracy is the cause of all fears.
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November 01, 2018, 10:20:46 AM
 #129

they afraid because bitcoin price is not stable and afraid lose their money because bitcoin price is expensive.
they have never tried, they are afraid to try it.

its not about the unstability that they are afraid of but it is because of the bad news that they heard . they think cryptos are scam because almost all ads that we see online related to cryptos are always asking for investment or initial payments before they get started  .

speaking of phobia , phobia's were only differ from person to person  . so not all that have read negative news will possibly have a crypto phobia .
maxilopez
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November 01, 2018, 11:33:56 AM
 #130

indeed, this is observed in the market but one should not forget that such a phobia exists in any activity, especially where there is excitement and the opportunity to make money

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November 04, 2018, 08:23:02 AM
 #131

Many people have lost their money. Many have become afraid of cryptocurrency. I think if you buy cryptocurrency, then this should be interesting for you. Then you are not so worried about the price drop.
Excessive fear usually occurs because of something excessive. So if the phobia on cryptocurrency means it has suffered a large loss, so that fear is prolonged and haunting. Hearing his name is allergic. So there must be therapy that this is a business, and losing or winning is normal.
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December 03, 2018, 04:46:10 AM
 #132

I wonder what will be the term to be minted out from that fear. Is it cryptophobia? Whatever it is, it is just normal if you are into crypto investments. Some of people who are inexperienced in crypto investment will surely have this kind of fear when they have already experienced how their investment fall down hard.
Is that cryptophobia? Questions like that have emerged lately with the rise of crypto users, both those who have enjoyed the results or those who have suffered losses. Seeing the price of cryptocurrency continues to fall, many experience anxiety about the future of assets that have been invested, because making decisions at a time like this is very difficult. Fear is haunting because investment does not deliver as expected.
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