DiamondsAndCoins
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July 12, 2018, 12:26:02 AM |
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One of the biggest fears I have is sending it to a wrong address with a mental lapse or being hacked and having my account drained. There is no one to go tell when your wallet is emptied or you send it to a bad account address.
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Suguha
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July 12, 2018, 12:31:51 AM |
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Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
For me, one of the factors scares others to bitcoin is negative gossips they got about the bitcoin and they do not have any idea how bitcoin run and works and they are not sure if the money they will invest will grow because they do not believe and trust bitcoin and lastly because they think that bitcoin is scam and easily hacked. |
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marabanda
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July 12, 2018, 12:34:02 AM |
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Uncertainty. Many people can not even imagine what crypto-currencies are. Hence from here and fear. It's simply not clear what to expect.
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mob01
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July 12, 2018, 12:34:20 AM |
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The news about bitcoin scams are one of the reason why other investors are more caution and scared to invest in bitcoin others are the legality of cryptocurrency in their country.
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sneeze11
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July 12, 2018, 01:43:51 AM |
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Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
I think the factors scare from investing into bitcoin is that the price of it is still decreasing because they scared that the price of it becomes 0 and the chances that bitcoin is totally gone. |
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Kupid002
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July 12, 2018, 01:51:11 AM |
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Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
I think the factors scare from investing into bitcoin is that the price of it is still decreasing because they scared that the price of it becomes 0 and the chances that bitcoin is totally gone. we are all afraid if this may ever be happen that bitcoin may means for nothing and if this may ever be happen we should be able to make some way or if you may know if this may ever be happen as long as possible you may also have to drop or sell all your properties that you have in bitcoin. |
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Vickyrichy
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July 12, 2018, 02:05:57 AM |
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Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
Personally, I think price volatility and legal status are the main factors scaring others from investing in bitcoin. |
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camito
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DAEFROM.com
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July 12, 2018, 02:09:53 AM |
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People are afraid to invest in bitcoin because of:
(1) Price of bitcoin is volatile: It is very risky and scary to invest in bitcoin because of its sudden rise and price drop.
(2) Legality: Some countries are banning bitcoin and it is very scary for those people who invest in bitcoin and suddenly that country banned the
cryptocurrencies transactions.
(3) Acceptance and Media Influence: Some countries and people still do not believe and accept bitcoin for they believe that bitcoin is a bubble that
can pop anytime. Also media spreading negative and fake news about bitcoin gives reason to some people to be afraid to invest in
bitcoin.
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───[ DAEFROM ]───
─────────────[ Stable PoW Platform Based On Ethash Protocol With Its Own Features ]─────────────
───[ DAEFROM.COM ]── |
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Abal Abal
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July 12, 2018, 02:30:51 AM |
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Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
if we see the price of bitcoin and alt coin others are very unstable price, and for me personally that makes me afraid to invest. |
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rollingstorm45
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July 12, 2018, 02:34:15 AM |
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some investors want a sense of security for their property, so they always think twice when they want to decide to invest in Bitcoin
because Bitcoin has not been considered legal around the world
different from gold, which is considered legal by all countries in the world
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Williamnak
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July 12, 2018, 02:36:18 AM |
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Volatility is the main reason that scaring the investors whether they or old or new investor if they came here just to make money from the bitcoin. For their greed big speculators move the markets in the directions they what it to move. They earn huge profits and exit from the market when their interests are fulfilled.
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Ethannecessary1760
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July 12, 2018, 02:37:52 AM |
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I think that the second mkst common thing that scares people is - is it legit? Even though the person you are talking to might trust you, they can't be sure if Bitcoin is a scam or some scheme. The manipulation will be used as an opportunity to invest at a lower price, without volatility bitcoin will be normal fiat which none likes.
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james_Oscar1
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July 12, 2018, 02:39:27 AM |
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I believe that price volatility and legal status are the main concern for anyone to think about their involvement in Bitcoin and other crypto currencies.There have just been too many scams. And most people do not bother getting properly educated about the benefits and how to invest wisely.
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Frisianhug
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July 12, 2018, 02:58:56 AM |
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I think the most frightening factor in investing in bitcoin is the misleading problem that continues to tell bitcoin. The real problem is an attempt to drop the bitcoin and make bitcoin lose public trust. For someone who does not have an established and less experienced bitcoin business will be affected on this issue and will make the wrong decision. This will eliminate the chances that someone gets a big profit through bitcoin.
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dgdhs
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July 12, 2018, 07:19:12 AM |
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Because some irresponsible media claimed that bitcoin is the next turmeric, or Ponzi scheme.
Of course, there are some illegal transactions in Bitcoin. We don't deny this, but the media always exaggerates. "Bitcoin is illegal." These are often the titles they like to use.
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JPage
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July 12, 2018, 12:26:20 PM |
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For my personal opinion it is a risk to lose your money. Nobody want to invest the money in the air. and the price for it in real time is not perspective for investors because he think that they couldn't have any profit in the future.
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jocker00
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July 12, 2018, 12:43:48 PM |
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there are many factor that's scare a person for investing in bitcoin.some of them are given below.
=general knowledge about bitcoin.cause people actually don't know how to use this .
=fear of loosing money.
=fear of its public status.
=because it's still not legal in many country's .
=because of its security.
=because of its fear among people.they fear it will get them into trouble.
i think most of them are some reason for people who likes to invest on bitcoin but can't do that because of these reason.
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gasparyu
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July 12, 2018, 12:45:59 PM |
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The biggest factor would probably be its volatile nature. I mean who would want to loose money right? People are just careful with moeny since not everyone has that so much money to spend.
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BronstadID
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July 12, 2018, 12:56:49 PM |
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Volatility + intangibility multiplied by ignorance are the main reasons for the lack of trust.
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kyledavid
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July 12, 2018, 01:00:51 PM |
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there are lot of factors why people are scared investing in bitcoin one is the government . they use media to aware people people about bitcoin they make negative news about it . since media is a strong form of news people get believe in it . Next is the rapid drop price of bitcoin people don't want to take risk in investing because they might lose their money because of the dumping of the price
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