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MyThoughts

Why some people don't like cryptocurrency?

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I think so many people are like that. there are even many governments who reject it. they do not know just how the crypto world is, when they already know for sure they will join and run it.

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Because cryptocurrency don't have any guarantee likr fiat. Fiat is guarantee by government that is legal currency. But with cryptocurrency is maybe ilegal in some country. Some people don't want take small time to take risk, that is the biggest problem for adoption cryptocurrency. I see only milennial have ability taking risk to enter cryptocurrency. Also that is many news about saying scam in cryptocurrency, making bad side more big in their eyes.


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On 11/3/2019 at 6:41 PM, myaccount1 said:

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.

Yes, of-course and they are not interested to hear about Crypto also. Although when you become rich in your area people start to take care on Crypto . For small profits, they were never interested to invest or hear about Crypto, blockchain technology.

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On 11/30/2019 at 9:44 AM, Afrizal rahman said:

I think so many people are like that. there are even many governments who reject it. they do not know just how the crypto world is, when they already know for sure they will join and run it.

Yes you are right peoples are like crypto currencies but the main reason is there are some  government are rejected it as a payment that is why that country people are not taking interest in it.


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50 minutes ago, Wish107.5 said:

Minds of people brain wash by social media and Ofcourse news in TV they always say that using crypto or investing in crypto give you big risk of losses and hacking. That if you be careful here are easy to avoid. 

This is the reason why trust issue about cryptocurrency is the big problem. Media such a TV has been controlled by the government which means makes cryptocurrency harder to accept worldwide and people won't to try first.

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On 10/9/2019 at 2:49 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?

Everyone has their own arguments, has their own preferences so they have the right to choose between likes and dislikes of choice, so there are only some people who like cryptocurrency because they say that crypto is useful and able to provide great benefits so they believe in cryptocurrency, but Most of them don't like cryptocurrency because they don't know about crypto so they don't like it.

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On 10/9/2019 at 1:49 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?

Some people fear about this. Maybe they invested once and the market went down after their investment and they faced loss.so they speak in this way.


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The biggest reason the reason they just don't imagine, is due to anxiety, in addition to a different substantial fraction is usually assigned to this astounding quantity prejudice of which however prevails, in the event most of us start out of which WarrenBuffet it really is a good Individual isn't going to also believe in that technological know-how, which often is always with the others? It truly is complicated, I'm sure which the adopting connected with cryptocurrencies will likely be considerably gradual.

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On 10/9/2019 at 10:49 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?

Many people are hating that's new technology of cryptocurrency cause they are not interested in online bussines they only look after physical bussines of trading goods with fiat money


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Some people do not know anything about cryptocurrency and begin to reject cryptocurrency and thereby harm others. No, I will give them a lot and over time there will be fewer such people. Bitcoin needs to be recognized and its value too.

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I can't say for everyone but I know my two friends. They don't like cryptocurrency because they invested and lost significant capital. Perhaps they are not the only ones who don't like because of the loss of funds.

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Well people have different views on things. Some people like to try out new things and are more progressive while other people prefer to stick with tge old methods and stay conservative. There isnt anything we can do about it.

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Some people don't  like cryptocurrency. Because they have no idea about the new technology.They don't know about the benefits of cryptocurrency.I think they are few number of people.

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There are many people don't like crypto because when a man work crypto world he had need very good knowledge . Therefore many people can't write English .So they remember that it's very hard for him so they don't like crypto

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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?

It is not that they do not like cryptocurrency. Since these currencies came from the Internet or the blockchain, people may thought of it as scam as I had thought before. Other reason is maybe because they don't like its characteristics to be so volatile, unstable which may cause to lose it anyway.

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There are some people dont like Bitcoin or cryptocurrencies because their errors not because Bitcoin or cryptocurrencies fault, of course if anybody inject his money in market trade without knowledge then if lost his money will hate Bitcoin! NO.


 

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The some people don't like cryptocurrency because he thought that if we work for earn money in cryptocurrency he will give us a bitcoin because it's price is so high and some websites claim a bitcoin but when people start work it really gives some Satoshis.

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people who had a small amount of skills abhor cryptocurrencies. first individuals think that helpful productive quite simply just by investigating crypto. but additionally are up against financial obligations because of their absence of skills thereafter tell you crypto is normally most extreme

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Yes i think and also saw these type of people.  At the very beginning, they just run before money without understanding market. followed many fake signal providers and faced loss.


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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?

I think the reason why people do not like cryptocurrency it is because the do not know much about it and how difficult it is to forecast. Also because it fluctuates too much and how comparing it to other real currencies, the latter has an explanation to why these prices go up and down by time.  

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My opinion was based on the experience of my friends, they don't like crypto currency because of the frauds and scams happened to them and also the volatility of each of every crypto currency.

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One of the biggest reason people don't like crypto currencies cause they think it's nothing but a fraud! And also a fear works inside them which never let's them to enter this crypto world! In my point of view this is one of the main reasons! 

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24 minutes ago, Loly said:

Some people do not like cryptocurrencies because they are ignorant of their value and how to use them and for this they fear loss, and some do not believe that these currencies have value at all.

That is right, but also people do not like crypto because they encounter loss on the first time they bought it, ditched it and that was it.

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