cryptocurrency Why some people don't like cryptocurrency?

[Nicecrypto 543]

1 hour ago, bilucom said:

But they talk with friends and colleagues. . Is it no one can explain in simple language,"it is not a scam"? When it was a scam Bitcoin wouldn't have cost so much, and companies wouldn't have invested plenty of money in it. Is it so hard to understand? )

Even so, people are different and will always react to different issues differently regardless of what you tell them. Some are of the concern that this BitCoin things is not real and they cannot understand it hence their position of not liking it.

[MyThoughts 514]

11 hours ago, yupi84goro said:

I think some people don't like cryptocurrency because of the wrong reporting from the government and the media that leads opinion that cryptocurrency is illegal and has a negative impact. Make some people misunderstand cryptocurrency.

Therefore, there is no need to believe 100% of everything they say. Everyone should have their own head on their shoulders if such a person wants to succeed in life and be happy.

[Great Commander 659]

The likeness of being scammed by different people must be the best reason why people don't want cryptos. Another reason is because they expect to have a higher income the day they joined crypto world not knowing money will never be easy to earn. 

[zhaazure27 524]

On 10/9/2019 at 3:49 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

Maybe there are still many people who do not like the cryptocurrency around us. They might prefer to have real money that is visible and can be touched. that's the reality as a normal human being.

[Freniere 5]

On 10/9/2019 at 3:49 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

People don't like cryptocurrency because they think its a scam. Maybe they are just afraid because of what they had heard on news such as people who got scammed. Another thing is they think cryptocurrency will not last and is not worth investing for. Well, it is their first impression about it we cannot change their assumptions unless we show them all about it and we let them try what it does to people who invest on it. it's normal, soon, if they realize that it is worth it, surely, they are the ones who will promote it to others.

[Cryptominded 704]

On 10/10/2019 at 1:05 PM, Dwest3276 said:

I think the biggest issue is lack of understanding and it's usefulness. It's real world applications haven't been fully made aware to the mass public and the negative media coverage hurts it's legitimacy. It'll happen with time!

Lack of understanding of its purposes and usefulness as a result of resistance to change or misinformation are at the center of why some people do not like cryptocurrency. One too many online fraudulent  programs, outright laziness or ineptitude and retrogressive governance are some of the main actors responsible for all that.

[Cryptominded 704]

13 minutes ago, ronaldogotum said:

Scаm, fraud thesе are typical if you are nоt соnsciоus оf.  With fiаt, scammеrs аre сurrеntly cоmmiting sсam also, it's not only due tо cryptосurrеncy.  Thеre's hundreds timеs fiat hаs donе sсam.  Wait, it mоrеs if yоu аccоunt hоw govt аrе scаmming us.

But believe it or not, scammers are now drawn to cryptocurrency because it gives them ample room to remain faceless. which is something they have sought for overtime. Take one more look at the crypto adverts you see online, some claim your can make $350 in 15 minutes by exchanging BTC to ETH,  only to direct the  gullible taker to their fictitious exchange.

[Kimmy So 176]

i think that some people think crypto currency as something  negative because it doesn’t recognize by the government... additionally, they thought of it as something scam or anything... since it is not widely known on every individual...

[dentolas 551]

On 10/9/2019 at 8:49 AM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

I think there are many of those non-believers, much more in number than the ones that do believe...

We are speaking about deep changes in the world largest religion... the one with most believers... money... so it will take long before people accept this change... maybe one of the most difficult changes for the human being is not when you change currency, but when you change it's nature, concept, strucutre, etc

[WayOut 216]

On 09.10.2019 at 10:49, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

Many, very many. I have a friend who had to explain for 2 days that Bitcoin is not a financial pyramid, but it seems he still thinks differently.😂

He also does not have a cent in cryptocurrency

[Nicecrypto 543]

3 hours ago, King2 said:

Some people don't like the use of crypto currency because they feel it is not safe and they are not safe to using this because it is prone to the hackers and also they don't know how the crypto currency works that's why they are doubting for it, still they want to use the traditional way of transaction.

Right, people will always be scared of what they don't understand yet even when the hear others doing it. It happens to all of us, we don't get into something just because we see people doing it, we want to make our own research and decide when to get in and besides, Bitcoin or crypto is just 11years old there's plenty of time.

[MyThoughts 514]

6 hours ago, GGWP said:

I think the bitcoin was just not advertise completely in the world also the bitcoin was not supported by the government, the government is the one who controls the news and they wanted us to have a bad look in bitcoin. They were telling something in the news that bitcoin is a scam or sometime that use in illegal.

I haven’t heard in the news that cryptocurrency is scam.
I agree that there are some scammer projects in cryptocurrency.
But scam is in all areas of activity, in my opinion.
So there is nothing surprising here.

[MyThoughts 514]

5 hours ago, dentolas said:

I think there are many of those non-believers, much more in number than the ones that do believe...

We are speaking about deep changes in the world largest religion... the one with most believers... money... so it will take long before people accept this change... maybe one of the most difficult changes for the human being is not when you change currency, but when you change it's nature, concept, strucutre, etc

On this occasion, I said earlier that many people are afraid of changes, especially global ones.
But in ancient times, people probably couldn't even think that in the future people will use ordinary pieces of paper instead of gold as payment... )

[myaccount1 584]

I think those people who do not like the crypto currencies they have know idea about that what is crypto coins and how to we gain profit from crypto currencies and also these people are not aware about the blockchain technologies.

[dentolas 551]

7 hours ago, MyThoughts said:

On this occasion, I said earlier that many people are afraid of changes, especially global ones.
But in ancient times, people probably couldn't even think that in the future people will use ordinary pieces of paper instead of gold as payment... )

😂 I would love to see ancient people faces if they saw someone buy a goat with paper instead of gold (some cultures even used salt)... really nice picture...

Who would tell that the future would bring so many believers

 

[Rosepetals 407]

Some people doesn't like bitcoin maybe because of those fake news that they heard on televisions.They doesn't even think that in Fiat there are also scams.Even companies have scam investments too and that's what happen in our country.

[MyThoughts 514]

13 hours ago, aimsuper2 said:

Crypto currencies have Its own nature and they are new in the financial system and many financial organizations are afraid of using these currencies as the main system for payments and exchanges as it is less stable than ordinary currencies which is already used  for a very long time till now. So Its a difficult choice that they have to make 

I agree with you.
And I think they just don't understand the cryptocurrency price trend in connection with its future development. Namely, the price of crypto will strive to rise in the future.

[Mathers 295]

The only reason I could think of as to why some people choose to cryptocurrency is because of the opportunity that lies with it, most government want to remain incharge of regulating their citizen's finances and with cryptocurrencies that's almost impossible.

[Saqib Ali Sadiq 438]

many peoples dont like crypto because they have no knowledge about this business and if they know about it they will get benefits from it and they will earn too much earnings from the trading and holding the coins.

[WayOut 216]

20 hours ago, igglybuff said:

Sometimes you can not change the opinion of other people, many people believe that bitcoin is a scam when they have never invested a dollar in the crypto market or do not even know how trading works, they call bitcoin scam because of the big falls that the market has had but also goes up and down, that is trading and not a pyramid scheme.

A greater number of these people simply do not understand the technology of blockchain and how it can’t be looked at and touched with money, but it costs real paper money) These are just not-so-good people

[I-KUN 422]

Maybe the reason for people especially some investors or traders (like forex, etc) didn't like cryptocurrency because its fluctuations. The price of crypto changed highly and it's very fast. So, They get a big ptofit or get a big loss very fast. Also Some of people don't like crypto because it's vulnerable to fraud. 

[Bills 583]

On 2/11/2019 at 11:46 PM, Muneeb said:

Those peoples whose make loss in the crypto market they are not believe on this market and this is not good because this is not the market issue that it will comes down the issue is of that person who believe that market will up regularly and this is not possible for any market that goes up regularly or comes down regularly.

There is something that can help a lot, it is the culture of each country, many are reluctant to believe, other countries are more open to the new and want more money.

[MyThoughts 514]

On 03.11.2019 at 15:50, linila said:

Thаnks for the answer. Lеt's trust thаt еxceptiоnаlly bеfоre lоng numerоus individuals frоm those whо dо not сonсur with thе Сryptоcurrency will at long lаst aсknоwlеdge it.

I will believe it too.
In the future, people will get used to it and will no longer react so chaotically to any news about cryptocurrency.
Cryptocurrency should become an international currency.

[muhyrla 55]

this is all because of hype around crypto and instability, if the cryptocurrency was stable, it would not be so much watched)

[WayOut 216]

21 hours ago, igglybuff said:

That's right, even when cars started coming out a lot of people said that it was better to continue using horses or walk because it was dangerous to drive, now it is completely normal to use the same car with cryptocurrencies.

They said so about cars because they could not afford them) And here it is in a psychological sense. They can’t touch, so it’s worth nothing. These are strange and incomprehensible people.