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Author Topic: Why people don't trust bitcoin?  (Read 6320 times)

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Offline Elijah_CoxxTopic starter

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Why people don't trust bitcoin?
« on: December 28, 2017, 12:44:26 PM »
I don't understand why there are so many people who don't trust crypthocurency, or why they are afraid off.


Offline narghat

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Re: Why people don't trust bitcoin?
« Reply #1 on: December 28, 2017, 02:40:18 PM »
Because you have to spend money to get them. And still few people use them.
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Offline Adelle

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Re: Why people don't trust bitcoin?
« Reply #2 on: January 01, 2018, 09:36:53 PM »
This is normal in life, even with the level of success and growth attained by anything people will still be skeptical about it. Bitcoin is no exemption, but seriously I see no reason why people should be that afraid, even though fear is welcomed!
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Online FutureICO

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Re: Why people don't trust bitcoin?
« Reply #3 on: January 09, 2018, 12:54:28 PM »
If you need for some cases to show that the bitcoin wallet is active. There is a service that does such operations for a small commission of 2-5%, randomly generated. In addition, the service mixes bitcoins, takes portions of the sum and spreads over other adresses, and bitcoins from different addresses come to your address. It is very useful when it comes to hide your real balance in bitcoins and keep your coins on safe address.

Offline BillRox

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Re: Why people don't trust bitcoin?
« Reply #4 on: January 09, 2018, 02:10:47 PM »

many people do not believe in bitcoin because physically it can not be ossified and because it is not controlled by anyone


Offline Mink1993

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Re: Why people don't trust bitcoin?
« Reply #5 on: January 09, 2018, 04:00:48 PM »
One of the thing that people do not trust Bitcoin because of the value, very hard to predict, it is totally volatile. The ones that very lucky can get back what amount they invest.

Offline Adelle

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Re: Why people don't trust bitcoin?
« Reply #6 on: January 12, 2018, 07:47:34 PM »
I don't understand why there are so many people who don't trust crypthocurency, or why they are afraid off.

It is quite obvious I must say, this is new to them and basically there are no visible offices nearby where you can go lay a complain in the event that something do go wrong.
 If you look at it from that angle, there could be some major risk. But there is nothing we do that doesn't involve risk and besides cryptocurrencies have proven that they are here to stay. This we can be sure of when we back trace the history of cryto's.
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Offline BlockTechnology

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Re: Why people don't trust bitcoin?
« Reply #7 on: January 15, 2018, 04:28:18 PM »
Many people are conservative, they are afraid to leave the comfort zone and accept new things, and they have many misconceptions (about the fact that the crypto currency is a financial pyramid and etc)

Offline Adelle

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Re: Why people don't trust bitcoin?
« Reply #8 on: January 20, 2018, 07:47:58 PM »
Many people are conservative, they are afraid to leave the comfort zone and accept new things, and they have many misconceptions (about the fact that the crypto currency is a financial pyramid and etc)
This is true, many are rather too reserved and would not want to try new ventures. But this is what life is all about, taking moderated risks else we might not go very far in life.
Even life itself is a risk, especially in the quest of making a living, so I would say while it is safe to be afraid we can venture for what we want and hope for the best.
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Offline Nissan

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Re: Why people don't trust bitcoin?
« Reply #9 on: January 30, 2018, 07:22:24 AM »
Many people don't trust bitcoin, because they simply don't understand how it's reinforced. They are just used to fiat currency and don't quite understand virtual currency.

Offline MiningRussia

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Re: Why people don't trust bitcoin?
« Reply #10 on: January 30, 2018, 07:43:08 AM »
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Offline Adelle

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Re: Why people don't trust bitcoin?
« Reply #11 on: January 30, 2018, 08:57:16 PM »
Because you have to spend money to get them. And still few people use them.

I don't think this is a good enough reason to scare people from investing in cryptocurrencies. There is nothing you do that doesn't involve risk. You must take some risk in whatever business venture you go into.
Just take caution and you would do well.
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Offline Cryptoside

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Re: Why people don't trust bitcoin?
« Reply #12 on: February 01, 2018, 04:04:10 AM »
Cryptocurrencies are not that easy , and yes everything has a risk, but in cryptocurrency it's much higher than average. Always be careful and don't invest more than you can afford to lose.

Offline Nissan

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Re: Why people don't trust bitcoin?
« Reply #13 on: February 03, 2018, 05:01:08 PM »
Of course it's because people don't trust bitcoin and simply think it's some kind of financial pyramid or something. Although, if you think about it, it's no worse than the rest.

Offline Adelle

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Re: Why people don't trust bitcoin?
« Reply #14 on: February 21, 2018, 08:06:25 PM »
People dont trust cryptocurrency because it seems to come up out of thin air, and people feel it might disapear just like that. In most cases, you don't even know who to hold responsible if you lose your coin mysteriously. Fiat money is different because it seems tangible. Something you can feel and save practically.
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