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Author Topic: WHY ARE PEOPLE STILL CONDEMNING BITCOINS  (Read 1453 times)
aray80
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December 23, 2018, 05:15:31 PM
 #81

Personally, the goal is to minimize the risk of loss from bitcoin's ups and downs which fluctuate with market conditions and provide stronger patience and trust when investing
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December 23, 2018, 07:26:06 PM
 #82

Yeah. I believe in the bright future of cryptocurrency. Bitcoin is already quite firmly penetrated into our lives and soon it will be accepted as payment everywhere.

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December 23, 2018, 07:49:08 PM
 #83

Some people hate bitcoin because of how volatile especially to those who boughty in when bitcoin reach a new all time high of $19k US. Some have lost huge monies due to this dump in bitcoin price. Well i think such people should have known better as investment in cryptocurrencies is very profitable and any investment platform that offers huge returns on investment is very risky.

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December 23, 2018, 08:04:09 PM
 #84

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.

nope bitcoins isnt getting better and popular,

you guys live in a bubble.

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December 23, 2018, 08:20:29 PM
 #85

They 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.

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December 23, 2018, 08:26:48 PM
 #86

People would always share there thought about bitcoin be that as it may. There are still huge strong believer of bitcoin and the market of late now is not all that bad so this might be promising

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December 23, 2018, 11:47:31 PM
 #87

People has their own opinion when it comes to bitcoin. We  who truly believe bitcoin do not give a chance those negativity to encourage us to quit bitcoin.
Some condemn bitcoin because they do not have any idea about it. They dont know the opportunity that bitcoin can give.
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December 23, 2018, 11:52:29 PM
 #88

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.

If large corporations start investing in bitcoin it will create a very good atmosphere around the entire cryptocurrency. After learning about bitcoin, an ordinary person will look for information about cryptocurrencies and find other coins suitable for him. This is a positive trend.

 
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December 24, 2018, 04:48:28 AM
 #89

People that still condemns or criticize bitcoin had no knowledge on the cryptocurrency itself and most of them got  their informations on some wrong sources. There are also reports in the media that some individuals are using bitcoin to scam people and this is one of the reasons why bitcoin is considered also a scam. The adoption of bitcoin as a currency or payment system continues as many companies or merchants around the world are now planning to accept bitcoin in the future.
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December 24, 2018, 05:09:02 AM
 #90

People that still condemns or criticize bitcoin had no knowledge on the cryptocurrency itself and most of them got  their informations on some wrong sources. There are also reports in the media that some individuals are using bitcoin to scam people and this is one of the reasons why bitcoin is considered also a scam. The adoption of bitcoin as a currency or payment system continues as many companies or merchants around the world are now planning to accept bitcoin in the future.

Pretty much this.

The enormous majority of people simply aren't educated enough on Bitcoin, even though it's essentially the 'household name' of all cryptocurrencies. I like to believe that people in general are prone to remembering the negative headlines regarding Bitcoin as opposed to the positive. Similar to how it's easier to remember a nightmare versus a regular/good dream.

I've met people that quite literally believe Bitcoin is a scam based on ONE article headline they read. There's just so much misinformation regarding the subject- not to mention it's an incredibly hard/complex idea to wrap your head around, especially if you're a newbie.

There are lots of companies working on making cryptocurrencies more 'understandable' if you will. For example Coinbase Earn!

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December 24, 2018, 01:47:23 PM
 #91

They 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.

actually if that person has the will and the intention to learn about the crypto world, they will know and pseudo understanding. it's just that those who believe are already pessimistic that the crypto world is difficult, even though it's the opposite.
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December 24, 2018, 01:54:27 PM
 #92

They have no idea what kind of technology bitcoin is. They are lack behind from the digital currency and its features. I think they have no proper knowledge about bitcoin. For this reason, they are condemning about bitcoin.

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saumang2m
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December 24, 2018, 03:13:20 PM
 #93

Still many people do not know how Bitcoin can change the life of people. And there are some people like this. Those who do not like Bitcoin. Because of that, those people condemn Bitcoin.

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December 24, 2018, 03:50:25 PM
 #94

In the first place,the truth is,many people are myopic on what bitcoin is all about.The same thing happened in the early days of internet,meaning many people didn't anticipate the problems internet is created to solve ,and the same thing is applicable to bitcoin.
However,many people have not been educated,enlighten, sensitize,and taught how bitcoin will gibe them financial freedom ,and this is one of the reasons people are condemning bitcoin.On the other hand ,many people have not understand that bitcoin can't be printed anyhow like some traditional central bank are printing and flooding the economy with traditional currency of which the ecovonmy will be in shamble in relation to the currencies being printed.On the other hand, some elites residing in some countries are advising and telling their people the risk of buying bitcoin,and this has resulted in people condemning bitcoin.
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December 24, 2018, 04:01:22 PM
 #95

It's reasonable because we all know that most crypto value consider as volatile so people try to condemn but in other side they still want profit either.

IMO, do not listen to other , just believe in yourself just like I did 4 years ago, I try to hold crypto although most of my friend and family try to persuade me to stay away from crypto !

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December 30, 2018, 10:03:57 PM
 #96

I just like you dream to see as little negative as possible in the direction of bitcoin. Now he has a very difficult, as this is a completely new phenomenon for our economic and financial world. And if we support it, it will develop much more productively.
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December 30, 2018, 10:07:01 PM
 #97

All good things are tied to some negativity trend. Although we all did not see this bad trend of bitcoin coming but it will sure grow back to it best position.. I love the fact that big companies are chipping into bitcoin and i think with time things will get better.

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December 30, 2018, 10:23:26 PM
 #98

People who do not understand neither the technology nor the value of bitcoin continue to condemn it. I think these people will never disappear, even if most countries accept bitcoin as a world currency. You just have to accept that.



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December 30, 2018, 10:31:27 PM
 #99

You are right. and I agree with you. we must think about the positive value of BTC. let the red market. because red will end. thinking about the red market will only make us panic. on the other side, we see many large industries that adopt blockchain. BTC is a priority choice. and I think BTC has a great opportunity to become the number one currency in the world.

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December 30, 2018, 10:37:51 PM
 #100

Bitcoin is not so easy to fully understand, especially given its unstable state now. This generates a huge amount of skepticism, negativity, rumors and talk about the death of bitcoin and cryptocurrency in general. That is why there is still such a large number of people who condemn bitcoin and predict its imminent end.
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