Bitcoin Forum

Well, I was giving a mother in law a ride to work and in car she asked me if I've ever herd of something called bitcoil? Bitcoil? No I haven't what is that? Well apperantly it was something she was watching on ElJezzera about digital currency and how people could buy that and how it all worked out... Ahhh you mean Bitcoin ? YES YES that's what it is... How can i buy some?

SO I guess bitcoin is here to stay folks :)

Many people are buying BTC because they heard they could profit off it but don't have a clue how its working or what it's for.

Exaclty the main idea here is they know bitcoin from the part in which they could earn money from this.

The other thing is most of them doesnt any experience so most of them are on the scam sites. They also dont know what are its purpose and capabilities

Yes this is amazing, i would never have a conversation like this with my mother, because she does not even know how to control a computer.. so it is impossible for her to understand how does this kind of technology works. Anyway, my father is very smart and he has some bitcoins, now he is controlling some of my bussiness who are running with bitcoins.
Try to explain it to her, but teach him how to protect their coins, you all know that she can be easily hacked if she doesnt protects her wallet.

Yes she was very interested in how to protect does assets :) as apparently on that show in AlJazzera it was said how it could get stolen and how people lost coins so she was very interested in knowing how she could protect it best.

Because of the popularity and opportunity of higher profitability of bitcoin are reasons why people is attracted to buy or invest into the crypto currency. its better to study and understand what is bitcoin all about before investing to give a good advice for your mother in law.

Lmao@ Bitcoil. Not surprised Jazeera is covering bitcoin, cryptocurrency is huge in the Middle East and Dubai is on its way to creating its own Crypto.

Well, I did like to ask the age of your mother in law... Smiles. Just in the line of thought of how much understanding she must have at the moment and that she must wants to buy into it almost already. Well, I had a similar situation some weeks back when my mother in law asked me about the Cryptocurrency, I did try my possible best to explain the coin with respect to having digital money in a secured place and also played some videos to help drive home my points.

When the shoe shine boy starts giving stock tips, it might be time to sell. :)
If your mother in law is buying bitcoins because she thinks she can make some quick money, then it is not a good thing. You can conclude that Bitcoin is here to stay when your mother in law starts using bitcoin for everyday things.

Now its already spread around here very quickly just because of this many peoples asking for this how is working and can they buy this easily but still its need time to give them all details because its not easy job many television channels also talking about this I also have few checks but here in our country its very long way to go for this as most of peoples are not interested and still using cash for most of their needs

Well i think that those are good news for all of us, it is always good to hear that there is always more and more people interested on how bitcoin works, and it is good because it means that a lot of old people are interested in learning how does it works.
But yes, there are some people that will never understand how to use bitcoin because they are not addapted to the new technologies that the world has. I hope that my mother would be interested in bitcoin too.

They know that bitcoin is a very good domain for investment, but they start to invest on it without any experience and knowledge about cryptocurrencies, which it's not good thing because they can lose a lot of money if they didn't know how to buy bitcoin and used it correctly, I think nowdays, there is a thousands of scam sites related to bitcoins.

Bitcoil will go down as the 2nd most lengendary mispronouciation vs bitcorn.  I like Bitcoil though its like its coiling up ready to release into full bull mode.

I trust that. While a few people are maligning the name of bitcoin, they cannot totally put it down because the demand is always there. The use is always there. Hence the consistent growth in its value. There is actually no point pulling it down because if the people trust it, then success will be what is going to happen. But then if it is proven to be simply a shit invention by the people who actually used it then they will quickly leave it.

Exactly, it has actually come out strongly against stronger propagandist and opposition  and so i don't see how these flares of attack will fare on bitcoin. The demand by the bitcoin ecosystem and people around the world has been the secret of bitcoin and so the more they ridicule it the popular it becomes and more new people get on board and invest into it.

It's good that bitcoins are reaching different kinds of people other than the youth today. At least everybody can get a piece of action when it comes to bitcoin. This just shows that bitcoins don't have an age gap nor a requirement to start investing into.

Anyway if you want to buy some for your mother-in-law, check your localbitcoin websites or search for any of your country's trading hub apps or websites. A lot of them offer bitcoins for your local fiat money.

So many people are gaining interest in bitcoin lately. It's weird, from being that weird guy dealing with odd money in 2013 many of my friends have come to think I must be rich. What's more interesting is how many old people are asking questions about it. It's very eye opening how tables can turn.

Many people started to hear about bitcoin and how the price of it went up but they dont have any clue about what bitcoin is or how it works. That is not a problem because on youtube are a lot of videos where you can learn very fast how to create a wallet and how to buy bitcoins. I am glad to see that more and more people are getting preoccupied in bitcoin because this will lead to a good future

Really amazing, bitcoin is very attractive to every one, young, old, girl, boy, mother, father can go into bitcoin because of the chance to get a higher income. I guess that is the main reason of BTC's success and famous.

I could see Bitcoil taking off as a toilet/plumbing currency.  :)

Lol! one of the funny thing I have heard..
I rememerd I had a similar incident when my aunt asked. Beeeeeetcuin
Hehe

bitcoil sounds cool. Someone should create a bitcoil coin.