There are many negative issues about bitcoin, what's the matter?

[Ketekantrasi]

I'm not sure if in the future Bitcoin will be the digital currency that helps everyone in the world, but hopefully Bitcoin can be said that way in the future, a lot of negative issues that lead to bitcoin now, and not many people think that these issues are related to falling Bitcoin prices. Bitcoin alone in my opinion can be said to be not safe to be chosen as your investment instrument. Apart from uncontrolled price fluctuations and only relying on speculation, bitcoin is also not protected by legal institutions, therefore there are not many crimes found in Bitcoin itself.

The existence of phishing, scammers and others, one of the reasons why fraud and closing of fake companies often take on the name of bitcoin investments is because of its decentralized nature. That is, bitcoin systems that do not have central authority to regulate their circulation. This also causes the value of bitcoin to be very volatile.

What really happened? Is it true that the price of Bitcoin is down because of these things? how to handle it? while Bitcoin itself is not protected by legal institutions?

[First77]

Talks of Bitcoin a revolution in digital currency and peer to peer payments but Bitcoin anonymity is for users and also for hackers and online frauds and scams.

Paypal has partnered with "bitpay"  Bitcoin to paypal converting is common. Majority of Online stores/shops have paypal.

To survive in world economy bitcoin needs large volume of transactions as said by Satoshi Nakamoto or 700 million users worldwide

[Pursuer]

none of what you said makes any sense!
you say "many negative issues about bitcoin" then only talk about two things that are not "negative issues". one is price volatility and the other is some people scamming others!

the volatility is because of the smaller nature of the bitcoin market and the fact that it is still growing by the millions at a time each time there is a rise.
and the scams are happening like anywhere else in the world since money is involved and bitcoin is a currency like any other currency.

bitcoin price will not be affected by these.

[Ketekantrasi]

none of what you said makes any sense!
you say "many negative issues about bitcoin" then only talk about two things that are not "negative issues". one is price volatility and the other is some people scamming others!

the volatility is because of the smaller nature of the bitcoin market and the fact that it is still growing by the millions at a time each time there is a rise.
and the scams are happening like anywhere else in the world since money is involved and bitcoin is a currency like any other currency.

bitcoin price will not be affected by these.

I hear a lot of news about Bitcoin in my country, and many articles say that negative issues like the crime in Bitcoin like phishing crimes, scammers, fake websites that cause the price of Bitcoin decreases, I always look and read news / articles explaining about the development of Bitcoin, and most say that those issues are related to the Bitcoin price, so I ask if this is true? is it true that the price of Bitcoin declines because of such issues?

[Pursuer]

I hear a lot of news about Bitcoin in my country, and many articles say that negative issues like the crime in Bitcoin like phishing crimes, scammers, fake websites that cause the price of Bitcoin decreases, I always look and read news / articles explaining about the development of Bitcoin, and most say that those issues are related to the Bitcoin price, so I ask if this is true? is it true that the price of Bitcoin declines because of such issues?

no bitcoin price didn't go down because some scams have been happening. it is the other way around. meaning because bitcoin price went up and bitcoin became more popular, more people came in some of which were scumbags so the number of scams grew more.

otherwise investors in bitcoin aren't going to sell their bitcoin just because somewhere someone found some gullible people and filled his pocket using them.

[Rexat]

I can not say anything, it is already the case, but I applaud the power of bitcoin, behind the issue of negative issues that hit bitcoin, bitcoin prices are always high. Governments in each country should make legal regulations related to the use of bitcoin.

[Wind_FURY]

I'm not sure if in the future Bitcoin will be the digital currency that helps everyone in the world, but hopefully Bitcoin can be said that way in the future, a lot of negative issues that lead to bitcoin now, and not many people think that these issues are related to falling Bitcoin prices. Bitcoin alone in my opinion can be said to be not safe to be chosen as your investment instrument. Apart from uncontrolled price fluctuations and only relying on speculation, bitcoin is also not protected by legal institutions, therefore there are not many crimes found in Bitcoin itself.

"Not safe" from what? Bitcoin is an "investment instrument" that cannot be taken away from you by the government. It is one of the most secure and safest.

Maybe your problem is with the "Bitcoin market", not in Bitcoin.

The existence of phishing, scammers and others, one of the reasons why fraud and closing of fake companies often take on the name of bitcoin investments is because of its decentralized nature. That is, bitcoin systems that do not have central authority to regulate their circulation. This also causes the value of bitcoin to be very volatile.

The same existence of phishing and scammers who target fiat users. Your debate is irrelevant.

What really happened? Is it true that the price of Bitcoin is down because of these things? how to handle it? while Bitcoin itself is not protected by legal institutions?

Bitcoin does not need "legal institutions" to be protected. It is all "institutions" that do not adapt that need to be protected from Bitcoin.

[Crypto_Sassy]

Negative issue?

Every coin has  two sides so same goes with Bitcoin. Concerns are valid that it has no legal protection in most of the countries in the world but in the other hand  there are so many counties in world with unstable currencies that it will good option for them.

As far as investment is concerned the do not invest that you cannot afford to lose.

[cipherb]

If scammers are scamming peoples via bitcoin than their is no effect for bitcoin price and everyone know bitcoin market is volatile because of Demand and supply so price movement is possible. but now many peoples spreading negativity who don't like bitcoin and blockchain technology but always bitcoin give a big slaps to their hatters when price go high.

[toreserve]

I don't know the reason why but You should analyse both side of each problems, not only focus on negative one

[target]

I don't think those are issues of bitcoin. Phishing already exist even before bitcoin, paypal was being copied over and over and send to paypal users every time. There are probably more people victimize by phishing with paypal pages than with bitcoin online wallets and phishing page of this forum itself. Scammers exist way before bitcoin,  its also the problem even with fiat.

[zhelis74]

Negative issue?

Every coin has  two sides so same goes with Bitcoin. Concerns are valid that it has no legal protection in most of the countries in the world but in the other hand  there are so many counties in world with unstable currencies that it will good option for them.

As far as investment is concerned the do not invest that you cannot afford to lose.

Bitcoin is the most promising coin in a history of crypto and can gives a great opportunity that a person can earn upon investment and or in a crypto trading and with this, there are more and more stories created because of its popularity and some observers on this field makes some negative comments maybe because they have not yet experienced the true taste of what crypto can brings. Maybe it is true that there is a pro's and con's of bitcoin but I think still depend of every person's acceptance and understanding.

[Leo Barnes]

none of what you said makes any sense!
you say "many negative issues about bitcoin" then only talk about two things that are not "negative issues". one is price volatility and the other is some people scamming others!

the volatility is because of the smaller nature of the bitcoin market and the fact that it is still growing by the millions at a time each time there is a rise.
and the scams are happening like anywhere else in the world since money is involved and bitcoin is a currency like any other currency.

bitcoin price will not be affected by these.

I hear a lot of news about Bitcoin in my country, and many articles say that negative issues like the crime in Bitcoin like phishing crimes, scammers, fake websites that cause the price of Bitcoin decreases, I always look and read news / articles explaining about the development of Bitcoin, and most say that those issues are related to the Bitcoin price, so I ask if this is true? is it true that the price of Bitcoin declines because of such issues?

Negative issues such as scam, fishing have been already existing but the price of bitcoin is still pumping and dumping meaning this activity won't affect or influence the price of bitcoin.

[daarul50]

I'm not sure if in the future Bitcoin will be the digital currency that helps everyone in the world, but hopefully Bitcoin can be said that way in the future, a lot of negative issues that lead to bitcoin now, and not many people think that these issues are related to falling Bitcoin prices. Bitcoin alone in my opinion can be said to be not safe to be chosen as your investment instrument. Apart from uncontrolled price fluctuations and only relying on speculation, bitcoin is also not protected by legal institutions, therefore there are not many crimes found in Bitcoin itself.

The existence of phishing, scammers and others, one of the reasons why fraud and closing of fake companies often take on the name of bitcoin investments is because of its decentralized nature. That is, bitcoin systems that do not have central authority to regulate their circulation. This also causes the value of bitcoin to be very volatile.

What really happened? Is it true that the price of Bitcoin is down because of these things? how to handle it? while Bitcoin itself is not protected by legal institutions?

All depends on yourself. we all know that the decentralized system used by bitcoin has risks and people who believe in bitcoin to invest must be prepared with all the risks to be received. The related fraud that often happens on behalf of Bitcoin investment I do not really care because if we carefully and analyze the place or company that provides fake investment services will be caught when we are careful and understand how the work of bitcoin investment.

[zhea]

Lot of negative issues about bitcoin but still its price is keep on decreasing and increasing. This is the nature of bitcoin and for me this wont really affect the price of bitcoin in the market.

[Aztek]

Lot of negative issues about bitcoin but still its price is keep on decreasing and increasing. This is the nature of bitcoin and for me this wont really affect the price of bitcoin in the market.

  All issues about Bitcoin been here for a little while, When Bitcoin drops its Value on the market people react sadly, and when Bitcoin price value goes up another issue on Manipulation of the market?  Where will Bitcoin  go? I understand MARKET IS VOLATILE. anything can happen at any given time. it may goes up and goes down, Market is unpredictable.

[Ketekantrasi]

I apologize for my mistake, but in this case I include it from the news and articles that I have read before, of course in my own country, all news about the negative issue of Bitcoin explains that most articles say Bitcoin prices are getting lower due the existence of things like that, actually I also didn't believe that before, but news / articles often display negative things about the price of Bitcoin.

[ambisyon]

I think that these whale manipulators where behind to these people who wanted to drag bitcoin making some negative issues abut such currency especially by some media outlets. They make some negative issues to let bitcoin make a down trend market since these whales will be buying more btc at a lower price thus making them bigger profit once btc will make a pump again.

[luigi3]

For me this is only a fake news about it,look at the bitcoin now its still recovering and the community of it was still increasing and increasing so for me the bad news about it is slightly bad causing about the price of it.

[mattnguyen]

Surprised no one here mentioned Bitmain, which seems to be the huge elephant in the room in terms of threats to decentralization. This may not affect price directly, but I'm sure its definitely cause for worry.