Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on May 30, 2018, 03:15:27 AM

Title: Why are most people afraid of Bitcoin?
Post by: Domithra on May 30, 2018, 03:15:27 AM
Because most people are afraid of the unknown. Anyone afraid of Bitcoin or cryptocurrency does not have adequate knowledge in cryptocurrencies and perhaps have been feeding himself with the fake and bad news circulating about Bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: donz123 on May 30, 2018, 03:29:23 AM
Because they didnt believe in bitcoin and many people said bitcoin is scam.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Quantum X on May 30, 2018, 06:17:02 AM
bad news and lack of understanding creates bad impression to someone to keep himself away from bitcoin, most of all is the volatility of btc. But to the one who are willing to take the risk has the chance to lose and to make big profit from it. Of course it depends on how knowledgeable about person is.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Dynamite on May 30, 2018, 06:32:28 AM
People are perish because of lack of knowledge. That is why they afraid of investing to bitcoin. Once they have knowledge about bitcoin probably they will rush to grab their first bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Master107 on May 30, 2018, 03:59:41 PM
Sometimes people afraid of things that uncertain. In fact people falls to the wrong way because of depending the whole part of truth to others without knowing what is really the matter. Fake news plus no knowledge will definitely disable the person.
Title: Re: Why are most people afraid of Bitcoin?
Post by: klebsiella on May 30, 2018, 04:12:37 PM
I have read your comments and it's all true. Fear of the unknown or uncertainty. This is the result of lack of knowledge. Plus the negative feedback from the media connecting bitcoin to illegal transactions, drugs and kidnapping and also by referring it as "scam" makes people more scared of bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: CryptoToxic on May 30, 2018, 04:42:52 PM
i think most of people afraid in bitcoin because of the fake news spreading in the world thru social media that bitcoin is a scam thats why some people dont want to know about bitcoin and dont have interest and some are also afraid, afraid to know t have knowledge about bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: wahyunyarobiyanto on May 31, 2018, 01:17:33 AM
Because they can't understand how to use and how to earn money from Bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: bxbxy on May 31, 2018, 06:16:41 AM
Some people is afraid of bitcoin because they are scared to try something new and they are full of negative thoughts about bitcoin because of the fake news ad media. They are afraid of bitcoin because they dont have enough knowledge about bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: wahyudi on May 31, 2018, 09:26:51 AM
Many have written about virtual money and crime, which is enough to repeat the problem by revealing that the transaction is inaccessible. Drug trafficking, prostitution, terrorism, money laundering, tax evasion and other illegal and subversive activities all benefit from the function of money in ways that can not be traced.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Markjay11 on May 31, 2018, 09:48:24 AM
Yes,most people are afriad bitcoin because there are people don't know what is bitcoin or some people doubt with bitcoin.But the most reason why afriad many people in different countries is the goverment saying that bitcoin is scam or illegal activities and they trust him because of unknowledge mind.
Title: Re: Why are most people afraid of Bitcoin?
Post by: RamaJoz on May 31, 2018, 10:20:33 AM
Another thing is that many dont really understand how it works and many also fear internet based investment because of scammers and hackers
Title: Re: Why are most people afraid of Bitcoin?
Post by: Omega on May 31, 2018, 06:00:50 PM
Fake news and unverified hypothesis can change the mindset of the person from pro to anti because they did not understand the whole point.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Duavent21 on June 01, 2018, 12:43:39 AM
As for me why people afraid of bitcoin maybe the reason is the new, that bitcoin is a scam and not legit to invest.
Title: Re: Why are most people afraid of Bitcoin?
Post by: cryptonite on June 01, 2018, 04:09:08 AM
Because of the negatives issues from the news about bitcoin, thats why most of the people afraid of bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Converter on June 01, 2018, 04:57:04 AM
Most people are really afraid of bitcoin because it involves money. But if you already invested in bitcoin, you will know that bitcoin is not risky. It depends only on how you use bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: korkorjkk on June 01, 2018, 01:37:30 PM
Most people are afraid of bitcoin because they lack information about how the coins work. They also have negative information from people about the coins
Title: Re: Why are most people afraid of Bitcoin?
Post by: silentcrypto on June 03, 2018, 12:44:39 PM
Because most people are afraid of the unknown. Anyone afraid of Bitcoin or cryptocurrency does not have adequate knowledge in cryptocurrencies and perhaps have been feeding himself with the fake and bad news circulating about Bitcoin.
The current problem with bitcoin is that its price is very unpredictable. Today the price is high the tomorrow it’s down. Due to this people or investors are scared to invest because they cannot predict how the market will behave. Even with Bitcoin having been working well you cannot still term it stable that why they were afraid of it.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Lezzkie22 on June 04, 2018, 01:35:45 AM
They afraid because they dont know what exactly what bitcoin is. Yes before bitcoin has a low value, but now it has high and indemand value. So many people who invest in it.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Aljay7 on June 04, 2018, 02:29:18 AM
Some people afraid of bitcoin because they don't know what bitcoin about, some people afraid of bitcoin because of its unpredictable amount they are afraid to investigate and some funny people afraid of bitcoin because bitcoin can rule the world in the future.
Title: Re: Why are most people afraid of Bitcoin?
Post by: itoyitoy123 on June 04, 2018, 02:40:43 AM
some of people afraid of bitcoin because of the fake news that spread out of the people in the social media etc. thats why many people scared in investing and trying to know more about what crypto is.
Title: Re: Why are most people afraid of Bitcoin?
Post by: TERMINO on June 04, 2018, 03:18:13 AM
Being afraid is one of the great weakness that never help you to succeed. People experience this feelings because of media influence in our society.
Title: Re: Why are most people afraid of Bitcoin?
Post by: CryptoJolly on June 05, 2018, 04:49:39 PM
People tend to be afraid of everything they don't understand, instead of getting better knowledge of the subject they just listen to Media.
Title: Re: Why are most people afraid of Bitcoin?
Post by: kokoy020795 on June 06, 2018, 06:23:33 AM
Some people are afraid because they don't have the amount of knowledge to understand the thing.. some of them depends on what they hear to others.. because some says that this thing is a scam. Lack of knowledge can lead them to have the fear of giving a shot to explore this world and they lose the opportunity to earn.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Aliados on June 06, 2018, 05:22:05 PM
Your right. Besides we all know that people have in common that we don't really like and that is to lose someone or something that important to us. Once we lose our money we didn't feel happy or satisfied but we are concern for whatever we earn not easily.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Slamet semen on June 06, 2018, 10:47:21 PM
I also do not know, because I follow in altcoin also recently, if the market of bitcoin trade is declining, if I have never been afraid of bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: pingky on June 07, 2018, 10:17:29 AM
those who fear the bitcoin or world cryptocurrency, because they have yet to understand more clearly and in depth about what is bitcoin and crypto world. and one of them that make them all afraid because of the many negative news about the world of crypto.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Yellowish on June 08, 2018, 08:30:50 AM
I dont think so what is main reason why most people afraid of bitcoin but maybe its all about the negative issue of bitcoin and some people says that bitcoin is a scam so i think that is the reason why people scared investing its because of the negative issue. But being afraid will never help you to succeed.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Stormyblue on June 09, 2018, 02:29:01 AM
Many people relate their fear of Bitcoin to how anonymous the technology is. Some other such the people with  high profile thinks it will disrupt the system that they a have taken so long to build.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Sherry_mae on June 09, 2018, 11:53:05 AM
Because most people are afraid of the unknown. Anyone afraid of Bitcoin or cryptocurrency does not have adequate knowledge in cryptocurrencies and perhaps have been feeding himself with the fake and bad news circulating about Bitcoin.

Because many people doesnt know how it works and if its true. They are just afraid to invest they dont really know if they can gain profit from it or not.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Icon on June 09, 2018, 12:08:07 PM
People are afraid of bitcoin because of the numerous false information being spread my the media and banks
Title: Re: Why are most people afraid of Bitcoin?
Post by: idranus on June 09, 2018, 03:27:16 PM
I think it is because of their lack of understanding about bitcoin and bad news about bitcoin
Title: Re: Why are most people afraid of Bitcoin?
Post by: Gayus on June 10, 2018, 06:25:53 AM
Most people always believe bad news bitcoin without understanding it
Title: Re: Why are most people afraid of Bitcoin?
Post by: zlejgirl36 on June 10, 2018, 06:43:59 AM
Other people afraid of bitcoin its because they didnt know the startegic and the procedures of this bitcoin. many people say that its a Big scam.. bcoz they are ignorant and they are afraid to joined even to try it so that they can experience the good sales of bitcoin.. but we cannot force them to joined... they have thier own right to joined or not...
Title: Re: Why are most people afraid of Bitcoin?
Post by: Chrisjay29 on June 11, 2018, 02:48:13 PM
People afraid of bitcoin because maybe they heard bitcoin scam. Wr cant blame on them because in our country there are lot of people who arrested because they scam using bitcoin
Title: Re: Why are most people afraid of Bitcoin?
Post by: zlejgirl36 on June 12, 2018, 01:49:34 PM
People who afraid in bitcoin try to call it fraud or scam, because then they will no longer need to discuss the merits and demerits of the crypto currency. They are sure that bitcoin will remain afloat only as long as enough people buy the fiction that bitcoin is of real value. Such people do not understand the essence of bitcoin and do not seek to know it, so it's easier for them to condemn crypto-currencies.
Title: Re: Why are most people afraid of Bitcoin?
Post by: X-master on June 12, 2018, 01:57:56 PM
Because most people are afraid of the unknown. Anyone afraid of Bitcoin or cryptocurrency does not have adequate knowledge in cryptocurrencies and perhaps have been feeding himself with the fake and bad news circulating about Bitcoin.
Not just that, also hearing the stories of other people who invested in it and until now they still didn't recieved the lost from from it is another reason.
Title: Re: Why are most people afraid of Bitcoin?
Post by: AnneAbas on June 13, 2018, 03:49:09 AM
Most people afraid of bitcoin or crypto currency because they don't want to accept the fact that it really exist, they all know that it's a scam a fraud or something they don't let the bitcoin come into thier lives or even trying it.Those are the people who are lack of knowledge and who easily believes on things without knowing.
Title: Re: Why are most people afraid of Bitcoin?
Post by: hype on June 13, 2018, 10:44:15 AM
it because they think bitcoin is a scam for that reason they do not know what bitcoin is, and also about the fake news from the media and from the other people that the bitcoin is a scam because of that they have lost an interest to find out what is the truth about bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: dominoes on June 13, 2018, 12:56:32 PM
Normally when the person always hear news that against bitcoin's good characteristics than positive news about bitcoin fear will be the next of their struggles that seems impossible to overcome because of advance thinking scam and lose. Their destiny to take the risk are forgotten by their own will to embrace crypto.
Title: Re: Why are most people afraid of Bitcoin?
Post by: altcoingamer on June 14, 2018, 11:27:18 AM
I think in general most peopple are afraid because of people fudding on being too late to the party or just believe everything their neighbors and banks say.  Its ridiculous to think this is going away or going to zero... with all the rumors of buying on the OTC markets sentiment will change.. but theyll buy at all time highs, then bitch about it forever :D
Title: Re: Why are most people afraid of Bitcoin?
Post by: WolfwOod on June 15, 2018, 09:46:51 AM
They are afraid because the bitcoin is not regulated. Bitcoins operates without any regulations. This means that there is no central regulatory body that oversees the Bitcoin operations making most investors afraid to invest in the network.
Title: Re: Why are most people afraid of Bitcoin?
Post by: CryptoToxic on June 15, 2018, 11:51:18 AM
some of people afraid of bitcoin because of the fake news that spread out of the people in the social media etc. thats why many people scared in investing and trying to know more about what crypto is.

People have their own reason to afraid bitcoin or love Bitcoin. People afraid something which they cannot understand and bitcoin is quite complicated to understand. Some time Bitcoin is used by many anti social people for kidnapping, murdering child pronography etc by using Bitcoin uninterrupted money transaction facility. And this one of the reasons why people dislike it. Bitcoin is a highly volatile currency due to this many people losses their money while investing in it. It is not a legal currency  so this one of the reasons people doesn't trust on it and start dislike it
Title: Re: Why are most people afraid of Bitcoin?
Post by: Jun on June 15, 2018, 03:37:18 PM
the bible says may people perish because of lack of knowledge they can'n understant bitcoin majority are panicking  scared to
 try  this is something new  and sovial media feed nigative thoughts
Title: Re: Why are most people afraid of Bitcoin?
Post by: racham02 on June 16, 2018, 03:35:43 PM
most people fear of bitcoin because they lack knowledge about crypto, and they do not know the benefits of crypto in our lives, and some people think they are online scammed they do not know that bitcoin has many opportunities, some people who believe in speculation in media and social media.
Title: Re: Why are most people afraid of Bitcoin?
Post by: lbravo3 on June 17, 2018, 03:28:49 AM
If you are well read and understand the bitcoin's value and its purpose without intimidating the negative feedback of those people who keep saying bad things about it, for sure you will become a good earner in terms of investment in bitcoin.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Niteroy on June 18, 2018, 12:13:22 PM
The main reason for fears associated with Bitcoin is the lack of sufficient knowledge and understanding of how it works. All fears are always connected and based on fear of suspense and this applies not only to Bitcoin. Over time, more and more Internet users, who used to be afraid of using the Internet, are the same with Bitcoin, every day it becomes more and more of those who use it and store it, and therefore learn it deeper.
Title: Re: Why are most people afraid of Bitcoin?
Post by: nrubnach on June 18, 2018, 01:51:02 PM
They are afraid of Bitcoin because of the bad impression provided by the media. People are too independent with the news on television. Also,  they do not research on their own the details of bitcoin. Probably if they do that,  people would understand why so mamy people are hooked in it.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Redhead5 on June 18, 2018, 04:22:03 PM
They are afraid of Bitcoin because of the bad impression provided by the media. People are too independent with the news on television. Also,  they do not research on their own the details of bitcoin. Probably if they do that,  people would understand why so mamy people are hooked in it.

I think you have a great point of view. Or in addition due to inadequate knowledge of bitcoin platform it might be contribute also why people afraid of bitcoin because they think that online job like bitcoin investment are more on scams activity, and nothing benefit we get from it.
Title: Re: Why are most people afraid of Bitcoin?
Post by: laiya94 on June 20, 2018, 12:16:34 PM
I think most of them didn't even know about bitcoin and blockchain technology, and currently, there are so many scammers and ponzi schemes based on bitcoins and other altcoins so when people get lost they will post just about their loose but not how the got loose. Due to that newcomers will afraid to join with cryptocurrencies.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Nanagyasi on June 21, 2018, 09:35:24 AM
Since the evolution of Btc, media reports about it have  been negative and many great investors have speculated negative comments about Btc. This has gotten into the heads of many and have hence not bothered to find out or learn more about it.
Title: Re: Why are most people afraid of Bitcoin?
Post by: Jaguar on June 21, 2018, 04:03:12 PM
Absolutely unknown is what the majority afraid of for it is unknown. Unknown problems in unknown time because we have unknown solution. But actually the unknown is searchable to break the chain and become free from unknown fears.