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Author Topic: WHY ARE PEOPLE STILL CONDEMNING BITCOINS  (Read 1583 times)
pundit
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January 01, 2019, 01:24:52 PM
 #121

People should understand that red and greens are part of market circle, it does have to do anything with popularity of BTC. Any financial market cannot be red or green forever, financial markets always go through uptrend, downtrend and sideways trend, there is nothing to discuss on it. If many big companies are accepting BTC it should definitely be considered as good sign of growth of BTC.

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January 01, 2019, 01:52:24 PM
 #122

I guess some people only like Bitcoin if the price is rising. When the market is red they blame Bitcoin and whole world for their loss forgetting that investing was their own decision and no one has forced them to do that.
I always say that Bitcoin is not for everyone and not everyone should get involved with cryptocurrencies in general.
But it's human nature, they usualy see only good sides and when things go wrong than everyone else is to blaim.

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January 01, 2019, 02:09:55 PM
 #123

because Bitcoins is now using for scam some stupid people USED bitcoin name to make their network legit thats why Poor bitcoin always on the news as a scam but in reality bitcoin is all good !
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January 01, 2019, 02:44:02 PM
 #124

Here are some reasons why people are condemning bitcoins :

1) They do not have much information about how crypto works or the basics of crypto.

2) They are also not aware of the returns crypto has given in past few years.

3) They are judging crypto by comparing it other online schemes that did fraud with the users.
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January 01, 2019, 02:47:00 PM
 #125

Plenty of people correlate success of bitcoin with the price, when there is more to that.
bitcoin is a movement, an idea, an experiment of a decentralized currency not controlled by a single entity
and its able to spin off an entire industry of competing currencies, decentralized ideas is what makes it revolutionary

Track bitcoin holdings by public companies and bitcoin price on CoinGecko
Blocktopian88
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January 01, 2019, 03:07:48 PM
 #126

I would prefer that we'd better hold a more prudent and objective attitude towards bitcoin, don't be too optimistic or pessimistic. Market is fickle, the cryptos' even, it's so young that we don't have enough experience to predict it.
Christinebeauty
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January 01, 2019, 03:47:55 PM
 #127

Drop in bitcoin price doesn't mean the end of bitcoin. Digital currencies are naturally volatile so their prices will continue rising and falling  but that shouldn't be a reason to scare you from investing in it. I think its high the crypto community stopped condemning it and speak positive words about it.

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January 01, 2019, 03:50:35 PM
 #128

It's not surprising that Bitcoin is the best crypto, and almost all altcoins are priced with bitcoin, so if we invest in any caltcoin you have to pay attention to bitcoin and even buy a small amount of bitcoin, this is the biggest value of Bitcoin!
I am sure that if Bitcoin dies, then all altcoins will die. Of course, Bitcoin has died more than 300 times, but it is still alive now!

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January 01, 2019, 04:04:18 PM
 #129

It's not surprising that Bitcoin is the best crypto, and almost all altcoins are priced with bitcoin, so if we invest in any caltcoin you have to pay attention to bitcoin and even buy a small amount of bitcoin, this is the biggest value of Bitcoin!
I am sure that if Bitcoin dies, then all altcoins will die. Of course, Bitcoin has died more than 300 times, but it is still alive now!
Right.Lot of people have claimed that bitcoin has died already and that investing in bitcoin will only make you lose your capital.I do not see bitcoin has died because there are still some people who always use bitcoin in purchasing their goods and even services like in countries where bitcoin is already accepted as for payment.As long as people continue to patronize bitcoin,then it will never die but will only flourish.

ballerin and giroud
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January 01, 2019, 04:19:08 PM
 #130

I guess some people only like Bitcoin if the price is rising. When the market is red they blame Bitcoin and whole world for their loss forgetting that investing was their own decision and no one has forced them to do that.
I always say that Bitcoin is not for everyone and not everyone should get involved with cryptocurrencies in general.
But it's human nature, they usualy see only good sides and when things go wrong than everyone else is to blaim.
That sense will come to pass in the future, every time bitcoin meet a drastic increase, everyone will look carefully at bitcoin and even they dare to take a risk for invest in it without a deep knowledge how to investment in bitcoin. Eventually, when prices drop dramatically, every impromptu investor finds a loss because he does not know the characteristics of the price of bitcoin, they equate bitcoin with other investment places. This is what will make impromptu investors condemning bitcoin and even spread negative information about bitcoin.
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January 01, 2019, 09:25:24 PM
 #131

Some of those people may have had bad experience with bitcoin or they are still sceptical about how future proof bitcoin is.

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January 01, 2019, 09:33:27 PM
 #132

If you don't believe in one thing you want it to disappear. So i think some people still condemning bitcoin because they don't want it or they don't know what bitcoin is at all.

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January 01, 2019, 10:07:17 PM
 #133

If you don't believe in one thing you want it to disappear. So i think some people still condemning bitcoin because they don't want it or they don't know what bitcoin is at all.
Lack of knowledge I think that makes them to do that, they might not be understand the real purpose of this technology but in the future they have no choice but to adopt. Bitcoin is a great coin, and people should start learning this one now or they will be left behind by many people. Adoption is the best thing that you can do to enjoy better technologies.

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January 01, 2019, 11:04:02 PM
 #134

Some people are of the opinion that they were rip offed when they bought bitcoin at ATH in 2017 and were highly disappointed when the price dropped to $3K ever since there are one form of condemnation or the order about bitcoin some even said it was a ponzi scheme or MMM and Hyip however real investors knows btc as a long term investment thus they don't frick

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January 01, 2019, 11:41:36 PM
 #135

BItcoin is getting better and popular. As a matter of fact, so many gaint companies and industries are chipping in bitcoin and its activities into the operation.

Bitcoin has long been the most popular cryptocurrency, not only that but bitcoin has turned out to be more popular among large and small investors who are accustomed to investing their assets in various commodities, such as stocks, real estate, gold and so on because of their volatile value.

Bitcoin is growing stronger, lets forget about the red on the market.

I believe the value of bitcoin will definitely increase stronger than its previous value because most smart users have taken advantage of this red market to improve their finances in the future namely by buying as much bitcoin as they can.

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January 02, 2019, 12:02:21 AM
 #136

When something or someone succeeds, he always has haters. It's logical. We should just ignore the negative news about bitcoin. After all, the most important thing that we believe in him and see that he is developing and capable of much.

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January 02, 2019, 04:34:39 AM
 #137

Is good to see many companies trying to use blockchain in their businesses to make the technology more viral but crypto currency has been their major problem as they see it as an obstacles to bring down their centralized activities and that is why many are against it .
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January 02, 2019, 07:22:47 AM
 #138

I understand that despite the exponential growth of bitcoin in recent times, so many people are still complaining about bitcoin.
I think those who are complaining about bitcoin do not understand or rather have basic knowledge about the workings of bitcoin.
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January 02, 2019, 08:23:29 AM
 #139

because bitcoin is not everything in life so in my opinion many people consider looking for money in the field of work and earning dibitcoin and bitcoin income is now restricted so people consider it very reasonable for me and my country still so too
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January 02, 2019, 08:33:58 AM
 #140

I understand that despite the exponential growth of bitcoin in recent times, so many people are still complaining about bitcoin.
I think those who are complaining about bitcoin do not understand or rather have basic knowledge about the workings of bitcoin.

aside from lack of knowledge most of them are also not contented because they keeps on complaining about the disadvantages of bitcoin  but their complaints werent legit enough because we all know that bitcoin is already at its best and it didnt failed to give us a good service .  we must not forget that our lives are now better when compared before when bitcoins and other cryptos were not yet existed  .

because Bitcoins is now using for scam some stupid people USED bitcoin name to make their network legit thats why Poor bitcoin always on the news as a scam but in reality bitcoin is all good !

i feel you bro  . bitcoin got a bad reputation from these scammers and fraudsters  but a true knowledgeable person can identify if what is scam or not  .  only noobs will only believe that bitcoin is not legit  . besides  ,  even other currency and payment methods are also involved in criminal acts   . so they shouldnt put all the blame on cryptos    .
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