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Author Topic: Are people still doubting Bitcoin.  (Read 288 times)
capokmerah
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Today at 02:06:21 AM
 #41

In fact, the people most enthusiastic about Bitcoin today are those who once doubted it.
They've actually dug deep and researched everything about it; they know everything. Even when their doubts and even hatred for Bitcoin fade, their knowledge of it remains, putting them one step ahead of those who simply enjoy it. And the evidence is abundant; look no further than our own community,
how many people used to criticize us and now pay for our coffee at the cashier.

CryptoYar
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Today at 02:30:16 AM
 #42

There will always be doubters. Bitcoin can't convince everybody. But it's normal to witness former unbelievers getting converted one after another. I myself doubted Bitcoin at first when a family member introduced it to me. I thought it was some kind of a dirty investment scheme, which the world is overflowing with. You can't just embrace something new without suspicion.

However, while it's all right to admit being wrong and become a supporter, I guess it's also fine if you aren't convinced and choose to stick with the status quo instead, especially if you're benefitting so much from it. The issue it seems is with those who already saw the value of Bitcoin but can't swallow their pride.
It is natural to be suspicious of Bitcoin since world is full of scams but most people go through process of initially being doubtful about it and then eventually becoming its supporter once they realize that it is system that can be trusted over years.

Although those who gain out of current banking system will not have reason to switch, there are others who will be stuck in pride trap where they are too embarrassed to admit that they were wrong all along when they call Bitcoin useless. Although there is nothing wrong with people being comfortable with what they know, history tends to favor people who are able to admit their errors and use new technology.

It is amazing that you have overcome your doubts, and it is question whether those who continue to hold on to their pride will be eventually forced to use Bitcoin or they will avoid it forever.

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Antona
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Today at 03:06:12 AM
 #43

In fact, the people most enthusiastic about Bitcoin today are those who once doubted it.
They've actually dug deep and researched everything about it; they know everything. Even when their doubts and even hatred for Bitcoin fade, their knowledge of it remains, putting them one step ahead of those who simply enjoy it. And the evidence is abundant; look no further than our own community,
how many people used to criticize us and now pay for our coffee at the cashier.

Yeah, you see it a lot. That initial skepticism forces a deeper dive than casual interest does. By the time they come around, they've already wrestled with every FUD point. They're not just believers
they're prepared defenders. It's a stronger position to be in.

The Pragmatic Holder: Makes sense. Blind enthusiasm is fragile. But if you've had to argue

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Razmirraz
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Today at 03:30:09 AM
 #44

Let's take Michael Saylor, a former Bitcoin critic. Before 2020, he was highly skeptical of Bitcoin, even stating, "Investing in Bitcoin is like online gambling," and even predicting Bitcoin would soon disappear from circulation. Now, his views have completely changed, and he's become a staunch supporter of Bitcoin. He has learned a lot from his mistakes and quickly made the right decision for himself, now he is one of the influential figures in the crypto world, especially Bitcoin.

It is common among the public that initially every new innovation often meets with rejection, but over time, this rejection turns into support as more and more people understand and accept Bitcoin. So, everyone should have a positive mindset towards every new innovation by studying it first before positioning themselves as critics who always oppose its presence, now the reality is that investing in Bitcoin can be said to be a very wise decision, anyone should consider that possibility before standing in the wrong position.

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Today at 04:18:06 AM
 #45

Let's take Michael Saylor, a former Bitcoin critic. Before 2020, he was highly skeptical of Bitcoin, even stating, "Investing in Bitcoin is like online gambling," and even predicting Bitcoin would soon disappear from circulation. Now, his views have completely changed, and he's become a staunch supporter of Bitcoin. He has learned a lot from his mistakes and quickly made the right decision for himself, now he is one of the influential figures in the crypto world, especially Bitcoin.

It is common among the public that initially every new innovation often meets with rejection, but over time, this rejection turns into support as more and more people understand and accept Bitcoin. So, everyone should have a positive mindset towards every new innovation by studying it first before positioning themselves as critics who always oppose its presence, now the reality is that investing in Bitcoin can be said to be a very wise decision, anyone should consider that possibility before standing in the wrong position.
Michael Saylor is perfect example of how learning more can completely change mind of person, as he moved from believing that Bitcoin would be failure in 2013 to purchasing billions of dollars of it for his company, MicroStrategy. This change is typical of normal pattern known as Technology Adoption Curve where individuals initially reject new idea and later accept it after they know how it works. Saylor originally pushed aside Bitcoin after spending hour looking at it, but spending thousands of hours looking at it in 2020, he understood that it was strong financial network and not simply gambling. Fact that he was ready to publicly admit his mistake shows that anybody can switch sides if he/she focuses on facts and numbers other than simply being afraid of something new. So here I will say although investing in Bitcoin is great thing to do in case of most people, best investment you can make is time you invest in learning about it, as it is much easier to remain calm when price changes.

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demonica
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Today at 04:40:10 AM
 #46

Well of course, there are still people doubting Bitcoin as of today. There will always be doubts, and we can't erase that. Especially those people who are not really familiar with Bitcoin and crypto. They might have heard Bitcoin occasionally but some people will still doubt it. That's why there are still a lot of people not really getting into Bitcoin even if they've heard about it before.

I guess, even most of us probably doubted Bitcoin at first before we decided to get into it.

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Today at 04:44:36 AM
 #47

We have a number of those that have talked all manners of things about bitcoin in the past and today they are in support of it use, sometimes people are moved with emotions to react even when they lack the basic facts to what they are saying, but die to little or no idea and their kind of myopic mentality upon that same thing, they tend to fight against it and also discourage others from investing on the same opportunity, we will still keep learning about different versions of people.
Bitcoin used to be relatively cheap, so it's understandable that many people weren't interested in it. However, its continued growth in value and popularity has led some to become interested in it, realizing it's a truly promising investment, especially for the long term. Bitcoin's success to date is proof that investing in it can protect our finances from inflation. Many business owners, like Michael Saylor, invest in it to protect their finances from inflationary pressures.
Those who aren't interested in Bitcoin aren't aware of its advantages, but if they were, they would certainly invest and say they regret not investing sooner.

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Today at 06:30:26 AM
 #48

He’s actually not the first one to doubt Bitcoin. Jamie Dimon doubted Bitcoin before too, and now he’s already investing in it. These are the people I find more genuine, those who started as critics and later became believers.

I tend to listen more to people like that, even if only to some extent. It shows they’re willing to admit they were wrong. And the important part is that Bitcoin proved them wrong over time, and they didn’t think it was too late to get involved.

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Today at 08:58:10 AM
 #49

Those who aren't interested in Bitcoin aren't aware of its advantages, but if they were, they would certainly invest and say they regret not investing sooner.

It's not just those who don't understand or know much about Bitcoin who are indifferent to it. There are many people who are knowledgeable about Bitcoin but are also uninterested in or unwilling to invest in it.

We cannot expect everyone in the world to invest in bitcoin because everyone's risk tolerance and investment preferences are different. Not everyone likes digital assets or those with high volatility. Lack of knowledge or understanding isn't the only barrier preventing people from becoming interested in bitcoin.


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Today at 09:58:40 AM
 #50

There are, and there will still be people doubting Bitcoin from time to time, even if Bitcoin reaches $250k in the future. The doubt won't stop. What we will be hearing as time passes is those who had hated Bitcoin, saying a good thing about Bitcoin like the way Michael Saylor did. As we do know, this is a free world, everybody has the right to say and have a change of thoughts of what they have said before. We won't judge them by their past ugly words on Bitcoin, if they want to invest in Bitcoin as they want

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Today at 10:25:03 AM
 #51

Trusting much on human course many failure because they are subject to change especially those who turn out to go for their vomit, whose is always condemning but striving hard to benefit on what the condemned. Doubt Bitcoin at this stage show some ignorance or lack of certain information right from the oirigin of Bitcoin till date it has been a progressive forward movement shifting from one price level to another despite some fall but still strive to attain another height, Bitcoin is volatile but not a yardstick to doubt because among all the coin in crypto Bitcoin has proven beyond reasonable doubt for one to invest with confidence through it moved and stability in the market.

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Today at 02:50:01 PM
 #52

I saw something online and it was a statement by From Michael Saylor, i never believed he once had doubt on bitcoin. This is the statement.
Doubt is a normal human reaction to something that is unclear. It's important to dispel doubts: examine the "subject" of doubt, weigh the pros and cons, and make a final decision on whether you should engage with the "subject" of doubt (in the context of this discussion with bitcoin).

This same person that was having doubt on bitcoin is still the same person that now own a firm Strategy that accumulated and holding 671,268 BTC, setting records among public companies.
Michael Saylor is now one of the people that is advocating for bitcoin and promoting it.
If you are still doubting you are alone and those forming a team with you when it comes to doubting bitcoin some of them may even be accumulating and holding bitcoin consistently.  Grin
Well, Michael Saylor overcame and conquered his doubts, making him one of the largest holders of bitcoin (and a wealthy one at that).
Since 2013, much has changed in the crypto industry, and bitcoin's position in the financial world has significantly strengthened. While there were many doubts in the early years, these doubts should no longer remain under the "pressure of compelling arguments" – bitcoin has been around for over fifteen years, its value has exceeded $120,000, and institutional investors (and even some countries) are accumulating this asset.

melinoe
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Today at 03:11:38 PM
 #53

There are, and there will still be people doubting Bitcoin from time to time, even if Bitcoin reaches $250k in the future. The doubt won't stop. What we will be hearing as time passes is those who had hated Bitcoin, saying a good thing about Bitcoin like the way Michael Saylor did. As we do know, this is a free world, everybody has the right to say and have a change of thoughts of what they have said before. We won't judge them by their past ugly words on Bitcoin, if they want to invest in Bitcoin as they want

Especially if they are not too stubborn with their words and thoughts.. Everybody has chances with knowing BTC better and to acknowledge its potential.

Eventually, I hope, most "KOLers" from the traditional world will change their stance.
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