What hatred do people have for Bitcoin?

[AverageGlabella]

It is not hatred but fear for something that they do not know much about the issue we have is trying to convince these people that it is nothing to fear but something to embrace but these types of people are not willing to listen or learn something about Bitcoin because it scares them. I do not blame them because news articles have been trying to scare their readers about Bitcoin ever since it was popular to shit on Bitcoin. There is something scary about managing your own money too and that can not be ignored. Some people are more comfortable with a third party like a bank handling their money and protecting it from hackers.

[john_nautica]

A lot of things. Thinking it was a scam due to the scam investment schemes that is around, high transaction fee, bitterness since they did not believe on it before this is just some of the reasons why people hate Bitcoin I don't see why they hate it probably hate it that much. Well we all know the biggest hatred from Bitcoin comes from government.

[Tahsin Kabir Kollol]

There are a number of reasons why some people hate Bitcoin. Some people hate Bitcoin because they have lost their wealth by investing in Bitcoin in an ignorant way and unnecessarily interpret it as a reason for their loss of wealth. On the other hand, there are some people who prefer to live life-based on conventional methods and ideas and consider new technologies and ideas as negative. So it can be said that only those people who have not been able to achieve their expectations from Bitcoin and are not interested in using and knowing it hate it.

[rina aulia]

maybe that hatred can be said like prices that tend to fall and are never stable maybe that causes many people to hate bitcoin at this time,but we need to understand that Sanya is a very long-term business and the price will stabilize again we just need patience in starting a business maybe we just need a long time to start a business

Why hate the volatile market nature of the bitcoin price and if they can't define fluctuations so closely related to the crypto market price, maybe they don't check the bitcoin price will rise past its historical value in the future.

[marissa23]

many people experience hatred towards bitcoin because the price of bitcoin drops and they lose assets, so many people vent their hatred for bitcoin. This applies to people who trade there are also those who hate bitcoin because they think bitcoin is one way to embezzle money because many corruptors store their assets in bitcoin.

[mrongos]

there are several types of people who hate bitcoin, the first is people who are new to bitcoin, because they don't understand bitcoin, then they try to invest in bitcoin, after that they experience losses, then they blame bitcoin, because of his own fault, the second businessmen who are afraid of competition, the third government, because they can't control bitcoin, under their government..

[iTradeChips]

The old timers and those who fully support traditional forms of investment are the ones who are raising their eyebrows and gives Bitcoin a hard time being accepted, simply because they do not know the technology behind it and they do not understand it really well for them to participate. Also the big executives in the financial sectors all over the world does not want to see cryptocurrency succeed and wants it to be destroyed. They are the ones who really hate Bitcoin.

[Mr.sprin]

A lot of things. Thinking it was a scam due to the scam investment schemes that is around, high transaction fee, bitterness since they did not believe on it before this is just some of the reasons why people hate Bitcoin I don't see why they hate it probably hate it that much. Well we all know the biggest hatred from Bitcoin comes from government.

I think those who think it's a scam or high gas costs then they hate bitcoin. I can honestly say that people are really stupid people like that should study and read a lot about bitcoin so they don't misjudge bitcoin.

[germsite]

Some folks despite the visible positive impacts of cryptocurrencies and reviews from Jack Dorsey, Elon Musk, Michael Saylor and other popular crypto advocates have refused to change their stance on it. They don't just oppose Bitcoin or other cryptocurrencies but they wish it would die. For example, Buttcoin is a reddit forum where Bitcoin is "crucified" daily. In that forum, Bitcoin has been called "a scam", "a negative sum game". Also, David Gerald who is an anti-crypto activist has publicly cleared his hatred for cryptocurrencies and blockchain technology. According to him, “I think the future of cryptocurrencies is that it will become increasingly regulated and normalised. People want regulation of this because they want to know where they stand and what they can do with this sort of thing. I think that speaking technically they are junk-quality assets. They are not backed by anything they are volatile as hell. They have a price because people will pay for them and that’s all.”

My Questions now are, Why do some people hate cryptocurrency so much? What's their back story? Did they ever lose a huge amount of money in cryptocurrency?

There is popularity to be gained in taking on a stance against anything. You could also ask why there are still people who not only don't want to get vaccinated, but who also deny that Covid-19 even exists. Do all those people really believe that Covid doesn't exist? I bet no! Some do it does not exist, but some pretend to believe it does not exist because there is popularity gained from taking on that position in public. You can often see that by the extremes those positions are about (by the way, the same applies to those who believe that the world will die without Bitcoin). Covid deniers say Bill Gates wants chips in our bodies implanted with the vaccine. Anti-immigration people claim they are afraid that whole countries get slaughtered by the immigrants. Anti-cryptocurrency guys argue that our economy will fall victim to a big fat ponzi snowball imploding and to a global horde of criminals evading taxes and financing terrorism. Anti climate-change guys argue that climate-change produced by humanity is a lie even though 99.999999% of scientists around the world agree.

There is value in taking on any of these positions and often times those people who do it publicly on a large scale like a forum also monetize their opinion in the form of sold books, merchandise and other stuff.

I think we are good to go if we keep ourselves multi-perspectively informed, strive for a balanced opinion (which is not always possible as we are all individuals with subjective perceptions and sometimes stubbornness) and even try to see whether those extreme people have something useful to say from time to time. They are not wrong 100% of the time in most cases, even though it hurts to say that!

[ilovealtcoins]

People were looking to increase their wealth through Bitcoin trading, so they made their own buy and sell orders and prayed they were on the right track to get a good profit or buy cheaply. than. It is not hatred but manipulation through their influence. I realize that the cryptocurrency market needs government intervention with regulations to prevent unilateral destruction of the market by directional media.

[dataispower]

There are opinionated people on the surface of the earth likewise the anti crypto campaign held by those individuals, there are people who stand against happiness too. You can't tell what actually makes them to hate Bitcoin so much, perhaps they don't understand the technology behind the gem. Oftentimes people of such hatred don't want to learn about what they hate.

[BOAEDAN]

There are opinionated people on the surface of the earth likewise the anti crypto campaign held by those individuals, there are people who stand against happiness too. You can't tell what actually makes them to hate Bitcoin so much, perhaps they don't understand the technology behind the gem. Oftentimes people of such hatred don't want to learn about what they hate.

true as you say, maybe they don't understand about gem technology in bitcoin, they don't want to learn, and they don't want to follow the new civilization brought by bitcoin, if they want to learn about bitcoin, I'm sure their hatred will change with love, there are also companies that hate bitcoin, because they are afraid of being rivaled..

[dificanovi]

Some folks despite the visible positive impacts of cryptocurrencies and reviews from Jack Dorsey, Elon Musk, Michael Saylor and other popular crypto advocates have refused to change their stance on it. They don't just oppose Bitcoin or other cryptocurrencies but they wish it would die. For example, Buttcoin is a reddit forum where Bitcoin is "crucified" daily. In that forum, Bitcoin has been called "a scam", "a negative sum game". Also, David Gerald who is an anti-crypto activist has publicly cleared his hatred for cryptocurrencies and blockchain technology. According to him, “I think the future of cryptocurrencies is that it will become increasingly regulated and normalised. People want regulation of this because they want to know where they stand and what they can do with this sort of thing. I think that speaking technically they are junk-quality assets. They are not backed by anything they are volatile as hell. They have a price because people will pay for them and that’s all.”

My Questions now are, Why do some people hate cryptocurrency so much? What's their back story? Did they ever lose a huge amount of money in cryptocurrency?

in general they hate bitcoin because bitcoin can not be controlled by humans. some people also say bitcoin is bad luck because when they hold bitcoin the price of bitcoin goes down so they are forced to sell all their bitcoins at a very cheap price in order to avoid bigger losses.

[Meysa_richa]

I think the people who hate Bitcoin are those who made a mistake when they entered this Cryptocurrency World, so they suffered losses or lost their money. And they are angry and disappointed with Crypto especially Bitcoin, Finally they really hate Bitcoin. 
But we should not be influenced by these people, let it be. Look how many people are now getting into Bitcoin, they are starting to trade and invest. Because they are aware, Bitcoin and Crypto is a technology that has a very good future, So knowing and owning Bitcoin is a big advantage.

[TelolettOm]

I have ever heard about this:
"WHy people should believe in Bitcoin and spend so much money on something that is not real? The people seem to be stupid, right?"
Maybe this is what people thinking about Bitcoin. They don't believe Bitcoin because it is not real, cannot hold them y their own hands, and also don't have any form.
And although we have tried to explain and let them understand, some of them don't trust and turn to hate BTC. Moreover supported with Media that sometimes spread FUD

[marissa23]

They hate that other people are making money out of money because they passed up on the opportunity in the past back when it was still around a dollar, I think that there's no other reason as to why bitcoin is hated by these people, they simply just can't get over the fact that they're stupid.

rather they are sorry friends don't hate bitcoin they regret themselves why don't buy bitcoin when the price is cheap and it happened to me in 2019 I didn't buy bitcoin and now I regret it but I don't hate bitcoin and maybe everyone who experiences like I experience they also don't hate bitcoin.

[Obito]

They hate bitcoin mostly out of bitterness and regret that they didn't invest in it early or they got scammed or they bought early but they also sold early thinking that it's going to go down permanently after selling their part of coins. I really love this kind of people because their bitterness towards bitcoin and the people who have the patience is pretty entertaining, some of them resort to fully hating bitcoin think that it will make a difference.

[Yamifoud]

They hate bitcoin mostly out of bitterness and regret that they didn't invest in it early or they got scammed or they bought early but they also sold early thinking that it's going to go down permanently after selling their part of coins. I really love this kind of people because their bitterness towards bitcoin and the people who have the patience is pretty entertaining, some of them resort to fully hating bitcoin think that it will make a difference.

It is all about their market appreciations, some got the point why it exists and found it to be useful to us while some didn't. A lot of people still don't understand and they stand why they think about crypto. I didn't actually try to convince them, neither to encourage them to look on the market in order to change their mindset but it was good for them to know themselves.
It might be a sort of hatred or not, but sometimes we can't understand why these people wanted to ruin and destroy the trust of the people by simply creating FUDs and fakes reviews.

[Ebede]

Bitcoin been hated by a whole lot of folks ain't making me surprised nor perplexed, you know literally when someone or something is doing well, you get to see a whole lots of critics going against it.
I'll predict more of this as well.....and more improvement from Bitcoin in the future.
Hopefully Bitcoin stands tall over the length of time and doesn't fall flat like the walls of Jericho.
Bitcoin has touched life's,made the poor rich, Rich, Richer improve the Economy of government.

[fullhdpixel]

My Questions now are, Why do some people hate cryptocurrency so much? What's their back story? Did they ever lose a huge amount of money in cryptocurrency?

I always tell people that no one is forcing you to make use of bitcoin, it’s your choice on whether you want to make use of it or not. And same way, I don’t care what people has to say about Bitcoin because I know for sure that it is not going to suit everyone, there are always going to be people who don’t like it. It’s up to you, study it and understand it, if you feel it is right then you should go ahead and be making use of it, no one is going to stop you.

And if you’re also the type that doesn’t like it, then just leave and no one is going to attack you for it. No one is forcing anyone. There are different reasons why people might not like it, and for some people I have noticed that it is lack of understanding. Some think that it is a scam. And that’s why they should learn about it.