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

[Susan Diass]

I think your statement needs some correction. Bitcoin is not the root of scams. On the contrary, Bitcoin is a tool misused by a group of evils. Bitcoin was famous among investors and its price had gone up like a mad. Taking advantage of these, that group of evil used Bitcoin's reputation to hoodwink gullible investors into their scheme to scam money. You see, not Bitcoin but human is who to be blamed.

[Rebecca Bragaa]

I agree with you that Bitcoin has many shortcomings because it's in its infancy stage and problems are unavoidable. But I don't think problems you mentioned are key reasons for Bitcoin high volatility since those problems also happen to fiat and other assets, not Bitcoin. Take scammers as an example. Didn't scammers happen until Bitcoin was created and traded? No. Scammers had happened even when Bitcoin wasn't created.

[SnowAugustine]

The thing about scamming is bitcoin was not the first, nor the only instrument to be exposed to it. Look at insider trading and ponzi schemes with stocks on wall street. Those have been around much longer and have probably victimized many more than bitcoin has. The bitcoin scamming just gets over-publicized because the mainstream media is against bitcoin and want to stain its name any way that they can.

Don't believe the hype, good or bad. Take a look at the ground level, the zero point where all of the common folk are using it. Things can be a bit clearer from here.

[Justin Regoo]

So according to your statement, if Americans are scammed money in Dollar, then the price of Dollar will decrease and become highly volatile? Does it make any sense to you? No. Scammer is not the factor contributing to Bitcoin high volatile.

[Pamela Silvaa]

In my opinion, scammers and phishing don't affect Bitcoin that much. Compared to currencies in the world, Bitcoin isn't backed and manipulated by governments. Thus, with fluctuant demand and supply, Bitcoin price is greatly variable.

[Kathleen Gomess]

I suppose Bitcoin high volatility is due to pumping and dumping. Pumper will create many clone accounts to enter Bitcoin forum with the view to spreading fake reports and appealing others to buy Bitcoin. When people start to buy in huge numbers, the price goes up fueling the buzz even further. When the coin hits the high point player begin to sell off their coins in portions leading to the creation of a dumping phase. As for scams, they had appeared long before Bitcoin was created. It will somewhat affect investors' decision but I don't think it's the key reason.

[microwave]

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?

Since Bitcoin started it was doing very well moving like a country with Democracy status. but during the Price like brilliant many fake companies override like what you said. meaning to say these bad company was the number one influenced to bitcoin become shutdown not in bitcoin itself.

[bitbunnny]

Bitcoin had always problems with some bad issues and reputation but I don't see that these problems are biger than usual. Maybe this is just pulled out of the context.
From the reputation that is used only for illegal activities, to the accusations that is perfect media for scamers to the money laundering Bitcoin was always struggling to be considered as a legit currency, asset or investment.
This will continue for a while I think but with time and biger adoption, including regulation this might change a bit.

[jhayness18]

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?

Actually, people has their own decisions so bitcoin and it's system is not the problem. Even it's very volatile or not we cannot do something for this because this is what the system is and we have our choice we have the right to decide to adapting it or no. However, in regards to scammers, well, i could say that in any places there are the scammers and foolish people that can do everything just for the sake of money so the main problem to this issues is non other than the people on itself because bitcoin is only just a system and people are the one who can able to handled it so it's really up to us on how we can used it either in appropriate or improper way.

[newbie243]

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?

I don't really see it affecting the value of bitcoin many companies tries to pull down the bitcoin they keep trying to show that bitcoin is a scam. Well its on the person if it will affect their confidence about bitcoin.

[Fire316]

    Bitcoin will not be affected with such negative issues. Only people that has no investment in bitcoin told that because they want people to believe and be afraid of that negative issues. What about the positive issues of bitcoin? Which is profitable and worth it the negative or the positive issues? It depends on you how you treat and handle that issues. Bitcoin will always be profitable inspite of many negative news. It's price continuously increasing.

[Jimbo Abu]

These events will not affect the price of bitcoins. But if the big exchanges are hacking, this is a huge problem because the price of an altcoins can fall if it is stolen.

[MiukoOk]

The problems that make many people depressed with the BTC is due to frequent price fluctuations, the second is quite risky to hold, hackers attack bitcoin at any time if we are not careful.

[bulanso12345]

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 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

[D3m1r4wanti]

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?

Why? what makes you unsure of that?
the negative news about bitcoin is always there, and if you know, today bitcoin prices have grown very rapidly compared to 4 years ago, whereas very much negative news about bitcoin. does it have an effect on bitcoin development? I do not think so.
security? of course blockchain technology ensures the security of bitcoin transactions. about phishing I think it's very common, because it's not just happening to bitcoin, but it can also happen to FIAT currency.
all these incidents are not the reasons that make the bitcoin price decrease

[traderethereum]

These events will not affect the price of bitcoins. But if the big exchanges are hacking, this is a huge problem because the price of an altcoins can fall if it is stolen.

the negative news can give effect to bitcoin price and if you can check in the past if one negative news comes out, many people get panic and they did fast selling their bitcoin because they want to get their money back. but right now, although people become smart and not listen to that negative news, still it gives effect to the price and sometimes, the price is down. but the big effect for the bitcoin price is when the exchange is hacking and they lose a big amount of money and this will make the price get dump too hard.

[CharlieKoala]

always like this. there's always negative news about bitcoin. I think negative news like this is very difficult to stop. the number of negative news in the community about bitcoin in my opinion because of lack of education about bitcoin itself so there are still many people who think that bitcoin was negative impact

I don't mean to judge bitcoin but we have to see all negative and positive things to have a multi-dimensional view about the cryptocurrency not just bitcoin, so I think negative is needed.

[Edeakramer]

there is no problem when you believe in bitcoin and believe in your self, there is a problem if you just hear things and some articles and believe it can make you rich.   

[meritbygrace]

i can't figture out anything negative right now,about . The thing i feel here is all about the long term investment that would be a choice for anyone who would want to investment on bitcoin.

[Viranz]

Do not get you affected by the negative news because it will probably be a bad thing and your thinking will change about the crypto currency. Positive thinking may be better.