Why most people believe bitcoin to be worthless?

[cetald]

Bitcoin value is given by people who believe in its future as a means of payment. And this value has already been confirmed by the high capitalization of bitcoin and liquidity on various exchanges. I think this evidence is enough.

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[bitcon]

I think those people who are not joining bitcoin ,are the people who believe that bitcoin is worthless, but to the people who really invest on bitcoin and understand the concept of bitcoin and cryptocurrency would always believe the worth of bitcoin in the coin market cap and the  entire digital business.

There are several groups of people that think Bitcoin is worthless. The first one is the guys who earn enough (or get enough) not even to care about crypto. The second one is skeptics, who simply do not believe in BTC.

[South Park]

I think also because they can not see it or hold it. People still think things you can see are better. Thats why people buy big cars so others can see it and think they are better off. But BTC you can not see and can not grab

That is definitely a problem for bitcoin, when people buy something they can show off whatever they bought to their friends and family and not only you can see it but you can touch it, in the case of bitcoin that is not possible, if you buy bitcoin the only thing that you can show is a bunch of numbers on a screen which is not very impressive to many people and some may think of bitcoin as worthless because of that.

[mensahkkofie]

Bitcoin is indeed down but still has value and remains above, this value still represents other coins that are down.
Stay to wait and wait for good things in the future.

The true value of bitcoin should never be underestimated, I believe those who speak negatively about the value of bitcoin don't entirely understand how this amazing cryptocurrency works. At the moment, it is the price of bitcoin that is down and not the value in it's entirety. For instance, life is full of ups and downs but we can't say life is worthless.

[Emilyp]

I believe why most people kick against bitcoin and say it's worthless is because it's worth as much as the next person is willing to pay for it, it's not like traditional currency which is not affected in that way.

[Renampun]

the answer is simple in my opinion because they don't understand and not focus on Bitcoin, they will not understand that Bitcoin is valuable if they do not understand and know Bitcoin. there is a saying "don't know accordingly not love".

[DPrillio]

the answer is simple in my opinion because they don't understand and not focus on Bitcoin, they will not understand that Bitcoin is valuable if they do not understand and know Bitcoin. there is a saying "don't know accordingly not love".

Yes, they say that bitcoin is worthless because they have lack of understanding or never been experienced of crypto investment and other thing is when they are new to bitcoin and buy it during its peak value last year and now moaning because of its price dive and with their frustration they think and say that bitcoin is not worth it to buy for.

[emberbekas]

the answer is simple in my opinion because they don't understand and not focus on Bitcoin, they will not understand that Bitcoin is valuable if they do not understand and know Bitcoin. there is a saying "don't know accordingly not love".

Yes, they say that bitcoin is worthless because they have lack of understanding or never been experienced of crypto investment and other thing is when they are new to bitcoin and buy it during its peak value last year and now moaning because of its price dive and with their frustration they think and say that bitcoin is not worth it to buy for.

Mostly because they only see and make decisions based on what is happening. For example, when a downtrend occurs, they will be busy reacting that bitcoin will soon die. And when the price of bitcoin soars, they will change direction by saying that bitcoin is everything. They make decisions based only on their momentary emotions. Most of the bad comments about bitcoin lately are just expressions of disappointment and not based on deep analysis. So, we shouldn't be worry.

[SouzaThomson]

i like this post. in mu opinion. i think bitcoin is in the end. we will have to change and their is a coin wise up take the place of bitcoin now

[hahay]

Those who say about bitcoin are not valuable to those who are not fully involved in this field and community, at least if they have benefited from crypto even though it is only a small profit for the first time but I am sure after that they will not say that. So I don't care about those who consider bitcoin to be worthless, because I have felt good benefits from crypto and they don't.