WHY ARE PEOPLE STILL CONDEMNING BITCOINS

[williamshennie9]

I think it is mostly governments opposing bitcoins. They do not want to lose power over the economy, and bitcoin will make the economy decentralised.

[1715166229]

1715166229

[KingScorpio]

I think it is mostly governments opposing bitcoins. They do not want to lose power over the economy, and bitcoin will make the economy decentralised.

thats not true, bitcoin has many opponents, bitcoin is trash, its the forum morality police that prevents you from seeing that.

[Ntr..]

hey condemn bitcoin because they don't have the knowledge of bitcoin and the crypto-world. so it is natural for people to condemn what they don't understand. they dont know that bitcoin is the boss of all the currency...let they talk

[johnny508]

I doubt majority of people condemn bitcoin because unlike before many investors and traders have attracted into bitcoin market to make profits and world's view regarding bitcoin specially in the financial sector is changing to the positive side but there are still some people who condemn it and those are specially governments and other traditional organizations like banks because they think with the growth of bitcoin there status can be changes in a negative manner which is negligible because even with such parties bitcoin has progressed immensely

[speeder]

Exactly, i don't know why so many people are condemning BTC, but from some point of view they have a reason, because if we think Bitcoin is present and sustains the life of a lot people and sincerely even i get angry when i see that BTC  doesn't go up and doesn't increase.

[Julunguul]

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.

\
sad indeed, but what else must it do, crypto and everything in it that is related always gives something surprising, some people like its bubble nature, but also not a few who hate it. There are still many people who think that the future of crypto is still long, so by holding bitcoins, they hope it can going up again, thats the only reason that people keep HOLD

[michellee]

Exactly, i don't know why so many people are condemning BTC, but from some point of view they have a reason, because if we think Bitcoin is present and sustains the life of a lot people and sincerely even i get angry when i see that BTC  doesn't go up and doesn't increase.

I think they don't like bitcoin and they never learn what bitcoin is, so they hate bitcoin. They judge bitcoin with the bad perception especially when the price is down like today, but they don't give any shout when the price increases. They only get angry whenever they cannot make any profit as the other people. I think we don't have to listen to those people like this because it's only waste our time and it's better to do something that will useful for our life.

[Lubang Bawah]

Bitcoin's rapid growth and reaching a marketcap of more than $ 400 billion is certainly a difficult phenomenon to refute, but unfortunately there are still many countries that are afraid of the development of bitcoin because they feel a threat to fiat and national economy.

[Pattart]

Red or green, it does not make a difference except for those who want Bitcoin as an investment.
The popularity of Bitcoin is increasing day by day, and it less linked to dark activities, so there is no need to worry about the value of the price.
So, think of it as a currency, a way to be global trade, to enter distant markets, to get new resources rather than random fluctuations.
Investing in trade without restrictions and not like gambling.

of course it's a problem, seeing the biggest bitcoin users are traders. so they will be very concerned about the current market conditions. sometimes they are angry, panicked, scared, even condemned about market conditions that get worse but it is only temporary until the price improves again..

[Golftech]

Red or green, it does not make a difference except for those who want Bitcoin as an investment.
The popularity of Bitcoin is increasing day by day, and it less linked to dark activities, so there is no need to worry about the value of the price.
So, think of it as a currency, a way to be global trade, to enter distant markets, to get new resources rather than random fluctuations.
Investing in trade without restrictions and not like gambling.

of course it's a problem, seeing the biggest bitcoin users are traders. so they will be very concerned about the current market conditions. sometimes they are angry, panicked, scared, even condemned about market conditions that get worse but it is only temporary until the price improves again..

Since that they've holds lots of their assets that's the reason why they are to concerned about the current value, each time they seen downfall panic and fear affects them to the point that they've forget about the progress, each time they've focus on how to gain profits in a short period of time.

[Johnzky]

The owner of bitconnect.com got arrested in India for $13 billion ponzi scheme using bitcoins. Rich Scammers are using bitcoins for ponzis and illegal activities

So whats the connection of that stupid bitconnect scam into this topic?and besides all the victims of that ponzi project seems to be greedy thats why they believe a big income in exchange of small investments

Even that the bitconnect.com promises are good to he true,still many greed people invested on this

And scammes are criminals and this is not a bitcoin problem so why would we blame bitcoin

[mmaxswellmurugan]

Because a lot of people are receiving a lot of bad information about Bitcoin.

[wizardcrypto]

Ignorance is key factor about the revolution of the blockchain industry , many countries especially the Africa countries are yet to embrace the digital era of the earth. Even in the crypto space many don't really understand how bitcoin works and also lots of individual tag bitcoin as a Ponzi scheme.last but not the least due hacking activities that affect traders and investors out of anger hate bitcoin because their hard earned money was unrecoverable.in my opinion  these are the reasons why people still continue to condemn bitcoin which is not good for the development and adoption of bitcoin

[vedderpeterson]

Because some people are using it to get money from other people.
Making it's image not really likeable.

[Morpexmorpex]

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.
It might interest you note than Mercedes Benz, BMW, Samsung, TECHNO and APPLE are all accepting bitcoins for their products.

Bitcoin is growing stronger, lets forget about the red on the market. WE WILL SEE GREEN SOON AND IT WILL BE ALL SMILES.

I have not even heard that Mercedes accept bitcoins for their goods. very interesting. you will need to spend your bitcoins when they grow in price for something like that.bitcoin investment is risky-I will not get tired of repeating this

[Bitdressa]

maybe they are still considering this because some of them have already invested in bitcoin which used to be believed by their money as an investment that can be said to be profitable before, because now the price of food is declining they consider this to continue or stop.

[benres]

Yes many will still be negative on bitcoin especially those who do not understand this technology that will soon revolutionize how people do their daily transactions. In my family and relatives that is large in numbers I am only the single one who is appreciating and learning about bitcoin, their knowledge about bitcoin is it is the devils money but they do not understand that bitcoin is a technology just like what they are using daily like their smart phones and computers.

[maldini]

Knowledge of bitcoin that makes these people more consider bitcoin, for people who are knowledgeable about bitcoin they certainly don't think long in compiling their investment strategy in bitcoin.

[Pattart]

Red or green, it does not make a difference except for those who want Bitcoin as an investment.
The popularity of Bitcoin is increasing day by day, and it less linked to dark activities, so there is no need to worry about the value of the price.
So, think of it as a currency, a way to be global trade, to enter distant markets, to get new resources rather than random fluctuations.
Investing in trade without restrictions and not like gambling.

of course it's a problem, seeing the biggest bitcoin users are traders. so they will be very concerned about the current market conditions. sometimes they are angry, panicked, scared, even condemned about market conditions that get worse but it is only temporary until the price improves again..

Since that they've holds lots of their assets that's the reason why they are to concerned about the current value, each time they seen downfall panic and fear affects them to the point that they've forget about the progress, each time they've focus on how to gain profits in a short period of time.

Thast why is natural when traders focus on price changes that are on the market, but the point is people who cannot control themselves, people who use too much capital without the right management, of course when prices break, they can only condemning and panic..

[Sadlife]

People doesn't understand that the price will not forever go high as we all know that back then in 2017 bitcoin was oversold and needed a correction without any centralized system to back up the price of course a big panic sell took place as some whales were cashing out. As 2017 were a year of a big pump, 2018 was to dump and profit from gains.