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Bitcoin => Bitcoin Discussion => Topic started by: Mia Chloe on September 09, 2023, 03:51:10 PM



Title: Common Bitcoin ideas
Post by: Mia Chloe on September 09, 2023, 03:51:10 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.


Title: Re: Biggest reason people fear Bitcoin investments
Post by: hugeblack on September 09, 2023, 04:21:48 PM
The way of presenting Bitcoin as an investment may be wrong, especially since the average joe, who working 8 hours per day, works hard to collect cash and rarely or never invests in his life finds that losing money is easy, so if he buys Bitcoin and the price begins to decline, he will most likely sell his investments.

If you are in a country with many ways to invest, start with a low-risk investment advice and include the explanation to understand how Bitcoin works, why it is a high-risk investment, and how these high risks can be converted into profits.

But if you are in a country where there is rarely investment, I think that inflation may be a sufficient reason to invest in countries and stay away from the local currency, and here Bitcoin may be a good investment if it is long-term.


Title: Re: Biggest reason people fear Bitcoin investments
Post by: ChiBitCTy on September 09, 2023, 04:25:16 PM
I went to a concert the other day (Nelly and Ja Rule for those that might be interested lol) and on the way there I mentioned bitcoin and a buddy whom was in the back seat of the care stated "bitcoin is a scam".  I quickly turned around and kindly told him as a licensed financial advisor for nearly 20 years, no offense but you've got no idea what you're talking about, it's not a scam.  I calmly told him how many cryptocurrencies ARE indeed scams, but that bitcoin was not.

If you ever want to know if someone truly knows what bitcoin is or not, ask them what a blockchain is.  This for me has been sort of the ultimate was of "busting" people about their knowledge of bitcoin. 


Title: Re: Biggest reason people fear Bitcoin investments
Post by: bittraffic on September 09, 2023, 04:39:54 PM

I think we have passed that phase anymore. Only those people with no knowledge in what is happening in the finance world will not see Bitcoin as solution. If a person still hasn't seen it coming that we are heading to market crash and out fiat money is losing value yes. That should fear them more than having fear in BTC when after all these years of constantly misrepresenting it to the public, it still has more than $20k of value.

If he thinks BTC is still a get rich quick, he should take advantage of it because its recurring every 4 years.


Title: Re: Common Bitcoin ideas
Post by: iBaba on September 09, 2023, 04:51:37 PM
I think this kind of response is mostly related to Africa with the experience I have gathered over time. And the reason cannot be far fetched. There are so many African countries that have had a very deep rooted culture of conservativeness, this simple reason has affected the way Africans are react to new ideas and innovations and so on. Bitcoin is more domicile in the Asia, Europe and American, hence the level of awareness there is on the high side.

This has equally given scammers and manipulators the edge to cleverly dupe innocent people in an unscrupulously way as they open their minds to accept the technology. It has also given leeway to fake news and speculations hovering around the space that beclouds the minds of innocent people.

To solve the problem problem is to get as many people as possible to enlighten the citizens on the basic knowledge of Bitcoin. Also to significantly have stakeholders within the coffers of thr government that will introduce policies that will open more doors and awareness on the digital currencies and the Fintech industry.


Title: Re: Common Bitcoin ideas
Post by: Yatsan on September 09, 2023, 04:54:50 PM

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Help them have the right mindset. What pulls them towards fraud and profit loss is their impression of Bitcoin as an investment; easy and instant profit. They're only seeing how huge the profit was earned from the previous pumps but not the risk endured due to sudden price changes and wrong entry and exit points. Investment is simple; invest at the right price and sell it for a higher price. But why do people still lose money not only in this industry? 'coz of lack in planning and right execution of actions. It is easy to tell the good sides or advantages of Bitcoin but it would be difficult doing the right things because of circumstances and different vision towards this technology.

Some are expecting instant profit and once they encounter a loss, panic will take place and will eventually push them to sell early. Sometimes the simplest things are the ones we often forgot in this field of investment.


Title: Re: Common Bitcoin ideas
Post by: m2017 on September 09, 2023, 04:58:48 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
98% of respondents from a couple of people, how many people does that make? :)

I believe that your sample is too small and such statistical surveys need to be carried out with a large array of data (respondents) in order to obtain true data. And besides, the respondents should answer honestly, and not for the sake of jokes and fun, or to leave them behind, as often happens, but really honestly.

How exactly were they deceived that made them consider bitcoin a scam? If at the market an apple seller deceived me during the sale, this is not a reason for me to refuse the apples and consider them damaged goods, right.

But you shouldn’t force people to do anything, especially to understand bitcoin. If people want, they themselves will try to understand the idea of bitcoin. How many of you were attracted to bitcoin here because someone forced you to understand bitcoin correctly or talked about bitcoin with you ? Here's your answer.


Title: Re: Common Bitcoin ideas
Post by: Z-tight on September 09, 2023, 05:17:31 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Take note that you don't have to make people understand BTC, for your own safety it is better to keep the discussion only between friends and family and only explain further to whomever shows interest.

The only way to avoid being scammed as a bitcoiner is if you understand the BTC network, so that's the way to introduce it to people, make them understand that "BTC is purely p2p electronic cash" that is decentralized, censorship resistant and permissionless, they must understand all these and basic things like wallets, addresses, keys and seed phrases, too many people don't know safe wallets to use, but they own BTC, that's because they learnt they can double their money long before they learnt about BTC wallets.


Title: Re: Common Bitcoin ideas
Post by: alastantiger on September 09, 2023, 05:22:42 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
The demography of the people whom you talk to about Bitcoin should determine the approach to help them understand about it. When you talk to them about Bitcoin I want you to present a balanced view point about Bitcoin in comparison to fiat. Why so is because you want them at the end of the day to make an informed decision based on facts and not on mere sentiments.

Introducing them to the Bitcoin talk forum or any other Bitcoin community is not enough. You should go further to introduce them to books, podcasts, courses and interviews about Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Nwada001 on September 09, 2023, 05:44:48 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

The first approach matters a lot to people. For those who believed Bitcoin was a get-rich-quick scheme, I believe it was based on what they learned about it the first time.

If you want people to view Bitcoin from different perspectives, you need to start by teaching them what you want them to know about it first. For those who already have a wrong idea about it, you need to create awareness of what it truly is. Creating awareness means you will have to teach them about it with illustrations and guidelines on how it should be done, and what Bitcoin really is, not just the name. You also need to teach them about the volatility, security, and other things that it has that one should know before they can invest their money in it.

I also believe it's misinformation that makes most people not invest in Bitcoin, as the majority of people look at the volatility and security in the wrong direction, which discourages them from taking a bold step. But one thing I believe is that anyone who is willing to learn something just needs a little guidance, and they will pick up the research themselves. We don't need to teach everyone everything; self-research is also important to quick learning and understanding about something.


Title: Re: Common Bitcoin ideas
Post by: Faisal2202 on September 09, 2023, 05:52:02 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
There have been a lot of discussions on this topic before and many people have shared their insightful ideas to start a discussion. I will not mention any of those threads links here but I will share my suggestion. I also make one topic which elaborates totally, well for me it elaborates totally to teach someone about BTC. You should check this thread out.

To Understand the Potential of BTC, What we Must Know? (https://bitcointalk.org/index.php?topic=5460099.msg62563616#msg62563616)

You should not only read my post; instead, read the whole thread for better exposure. Besides this suggestion, I would recommend you teach them about BTC and how it is different from banking and traditional finance. The reason they are afraid to get into BTC is that in some countries, it is banned, they also think of it as a rich scheme, which is just a lack of knowledge. I do not want to get into the debate about knowledge.

And I really liked the idea of bringing them onto this forum. I mean, they will definitely learn new things here, and after spending some time, they will learn about BTC, and they will understand your words to them.


Title: Re: Common Bitcoin ideas
Post by: OgNasty on September 09, 2023, 06:05:03 PM
There are definitely still technical hurdles to owning Bitcoin. For this reason, most of the people I tell to buy Bitcoin I advise that they do so on Coinbase and then secure their login information. More technical friends I of course tell them to go the cold storage route but for people who aren’t familiar with crypto, this is a strange method of securing your money.


Title: Re: Biggest reason people fear Bitcoin investments
Post by: Franctoshi on September 09, 2023, 06:06:26 PM
I went to a concert the other day (Nelly and Ja Rule for those that might be interested lol) and on the way there I mentioned bitcoin and a buddy whom was in the back seat of the care stated "bitcoin is a scam".  I quickly turned around and kindly told him as a licensed financial advisor for nearly 20 years, no offense but you've got no idea what you're talking about, it's not a scam.  I calmly told him how many cryptocurrencies ARE indeed scams, but that bitcoin was not.

If you ever want to know if someone truly knows what bitcoin is or not, ask them what a blockchain is.  This for me has been sort of the ultimate was of "busting" people about their knowledge of Bitcoin.  

The problem that many people who stayed away from investing in Bitcoin had after hearing of it is that the proper information was not given to them or maybe the experience that some of their close confidants had with investing in shitcoins scams and they will think that Bitcoin is also in that category of scam.


Title: Re: Common Bitcoin ideas
Post by: DVlog on September 09, 2023, 06:11:03 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

How exactly were they deceived that made them consider bitcoin a scam? If at the market an apple seller deceived me during the sale, this is not a reason for me to refuse the apples and consider them damaged goods, right.

But you shouldn’t force people to do anything, especially to understand bitcoin. If people want, they themselves will try to understand the idea of bitcoin. How many of you were attracted to bitcoin here because someone forced you to understand bitcoin correctly or talked about bitcoin with you ? Here's your answer.


A survey conducted on a small group of people can provide inaccurate information.

You are right about bitcoin. dishonest behavior of an individual can not represent the value or utility of a product or concept. People who think Bitcoin is a scam don't know much about Bitcoin or have had any bad experiences with it so they think the whole industry is bad which is wrong.

Forcing someone to understand something is not the right approach. We should create a friendly environment where information about Bitcoin will be easily accessible and spread awareness about its benefits in certain scenarios.


Title: Re: Common Bitcoin ideas
Post by: BVeyron on September 09, 2023, 06:31:01 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

I think it's quite difficult to understand BTC properly, since we still don't know many things about BTC: we don't know who is the mastermind behind blockchain projects, we dont know the main hodlers, we cant predict the ways of blockchain ecosystem development. That's why nearly all the people consider BTC just as a way to earn fiat as quickly as is possible. And that's why adoption level is still low despite affordable transaction speed level (however, in case of elevation of adoption level we will surely need more miners and more internet connection facilities).


Title: Re: Common Bitcoin ideas
Post by: ZAINmalik75 on September 09, 2023, 07:36:38 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
You are right, but first of all, think for a second: why did you want them to invest in BTC? Why do you want them to get into BTC or crypto? Let's say someone near or far from me asks me to invest or spend some time or money in this. I will definitely doubt him first of all. After doubting, I will say, "No, I cannot spend the money in BTC.

Because in the way of learning, you must have said them. Invest only with money that you are not afraid to lose. And by saying that, you just raised another red flag in their hearts, and now they might not trust you or the way you are bringing them into crypto. We should not teach someone about Bitcoin until they show their own interest.

But if you are too good and want to help people make some extra money, you also want them to lose some extra money too. Then you must at least tell them about it and clear their doubts by offering them a free consultation. Show them the Explorers, SPV walls, and nodes. And some other little things that could open their minds to new technologies, and after seeing them, they will definitely agree with not saying it's some quick-rich scheme.


Title: Re: Common Bitcoin ideas
Post by: bayu7adi on September 09, 2023, 07:52:11 PM
It is advisable for every individual engaging in Bitcoin investments to seek consultation from someone more knowledgeable about Bitcoin. This serves as the initial step for newcomers to safeguard themselves against potential scams, as the landscape of cryptocurrency fraud techniques has grown increasingly diverse. Presently, the primary influence leading someone to fall victim to deception is the allure of substantial profits.

As individuals well-versed in Bitcoin, it is incumbent upon us to educate everyone about the importance of not readily trusting investment models that promise significant returns with minimal effort and a brief timeframe. We must all grasp how Bitcoin functions, especially within the realm of exchange, to prevent any misunderstandings regarding the source of seemingly implausible profits.


Title: Re: Common Bitcoin ideas
Post by: Hamza2424 on September 09, 2023, 08:12:15 PM
Bitcoin's presentation definition really varies with the users, some of them grab it as an Investment opportunity and most of them prefer it as using a payment mode, Some call it a revolution in the financial world and some call it the first decentralized society. The narrative keeps changing with the change in time. The financial world is really scary as a daily wager works day and night gets paid 7$ to 8$ for his extremely hard work whereas a person who's sitting in the AC room on the PC making a few clicks to make hundreds of $ and planning his financial strategies to secure the future on the same time Hard worker is trying to meet the daily expenses only.

Technological advancement is making us unfit for any sort of service, they are stealing our Jobs, and services provided by us and Money is getting easier and easier to earn at least for those who are adopting the technology because this advances is opening more opportunities for them while Bitcoin can be considered as the same opportunity for an AC room's investor and Daily wagers no matter much they can invest what only matter is the awareness.


Title: Re: Common Bitcoin ideas
Post by: Cryptomultiplier on September 09, 2023, 08:17:50 PM
I don't know if introducing such persons to Bitcoin talk forum is enough, because in the long run, the person has to have the time to sit and actually read and learn about BTC here first before even entrusting thier funds to trade or buy and HoDL BTC.
People whose business of survival involves moving around and within the vicinity or attending to customers all day, may like the idea of BTC, but unless you who is closer and have the knowledge and evidence of BTC and your gain, follow them up and help them free up their schedule to have time, then it might be difficult to even learn much here too.

If more Bitcoin talk forum members connect in a physical environment, let's say two or three members live within a proximity willfully, this idea of introducing the locals of interest to this forum where they get to learn more about how BTC and crypto currency works, will fly high.


Title: Re: Common Bitcoin ideas
Post by: un_rank on September 09, 2023, 08:27:56 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
We can only do what we are already doing here on the forum, and that is making relevant and accurate information available. They, if they are truly interested in bitcoin will eventually find the information here or on another platform where we have crypto users and use that to shape their perception of the bitcoin industry.

Introducing them to a platform like Bitcointalk is a good step, they need to make the effort to read and learn.

- Jay -


Title: Re: Common Bitcoin ideas
Post by: BitcoinPanther on September 09, 2023, 08:32:21 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

We can introduce Bitcoin and explain the basic knowledge about it.  Then we can use the resources available on the internet and give sample videos that is scattered on Youtube and other streaming site that defines Bitcoin.  Introducing Bitcoin as a currency and not as an investment is also one good way for the newbies to learn the core function of Bitcoin.  Investment on Bitcoin should be introduced later after the person had grasp the basic knowledge about Bitcoin.

We can also point them to the streams of popular person that explains Bitcoin like Andreas Antonopoulos (https://www.youtube.com/@aantonop)




Title: Re: Biggest reason people fear Bitcoin investments
Post by: Ojima-ojo on September 09, 2023, 08:45:18 PM

If you ever want to know if someone truly knows what bitcoin is or not, ask them what a blockchain is.  This for me has been sort of the ultimate was of "busting" people about their knowledge of bitcoin. 
Legend,  thank for this tips,  indeed if you want to know the level of a person knowledge about Bitcoin/cryptocurrency you first ask them to define what blockchain is,  because ultimately anyone that understand what blockchain will definitely know what Bitcoin is in it true spirited.


Alot forks have hard misconceptions about this subject matter and in such have made a sum up assumption without any basic knowledge to back up their arguments,  this have been burned out of the many wrong steps taking by them in investing in a Ponzi scheme calling it Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Raflesia on September 09, 2023, 09:05:03 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
It should be enough to introduce bitcoin because the human nature that is always curious will definitely find out more about how bitcoin works and this can trigger to take some steps so that being in bitcoin does not become a mistake and feel cheated.
But on the other hand there are also other factors that can be done after introducing bitcoin, namely sharing as a bitcoin user as we always do in this forum.
But of course every person's view is different and we must know each person's characteristics before determining whether to just introduce bitcoin or do something more intense like discussing bitcoin starting from how it works and strategies in investing.


Title: Re: Common Bitcoin ideas
Post by: Aanuoluwatofunmi on September 09, 2023, 09:25:08 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more

Common, this is not a locality base challenge you're having from where you're and the people around there, this is a generalized problem many people face in introducing bitcoin to other, newbies hardly see it convincing to them that bitcoin could be that financial digital currency they could have an entire difference in from what fiat has always rendered, an average person will also want to join in bitcoin adoption as long as he's willing to see a change in his finances.





Title: Re: Biggest reason people fear Bitcoin investments
Post by: serjent05 on September 09, 2023, 09:54:31 PM

If you ever want to know if someone truly knows what bitcoin is or not, ask them what a blockchain is.  This for me has been sort of the ultimate was of "busting" people about their knowledge of bitcoin. 
Legend,  thank for this tips,  indeed if you want to know the level of a person knowledge about Bitcoin/cryptocurrency you first ask them to define what blockchain is,  because ultimately anyone that understand what blockchain will definitely know what Bitcoin is in it true spirited.

This would be too technical for a beginner but a must-learn to a person who is into Bitcoin.  Learning the information behind blockchain technology almost covers all the cryptocurrency basic information. But people are mostly involved in Bitcoin due to its market trades.  Most are not into the technology but rather the profit it brings to a person.  So discussing about Bitcoin technology will not help people who are laser-focused on the bitcoin market trades.  It is better to discuss the Bitcoin economics so that people will understand more about the Bitcoin market.

Alot forks have hard misconceptions about this subject matter and in such have made a sum up assumption without any basic knowledge to back up their arguments,  this have been burned out of the many wrong steps taking by them in investing in a Ponzi scheme calling it Bitcoin.

There are lots of misconceptions because Bitcoin economics are presented the wrong way.  Most of the people who introduced Bitcoin is just stereotyping other people who profited hugely on the market without even learning the difference between the time those people had profited on the market and the current condition of the Bitcoin market.


Title: Re: Common Bitcoin ideas
Post by: JoyMarsha on September 09, 2023, 10:11:00 PM
Before Bitcoin became widely known, most of the misconceptions about it were spread by the media, and some people began to paint it to be a bad investment as a result of their interactions with it, their mistakes in investing in it, and their lack of initial knowledge. As a result, they continue to perceive Bitcoin as a scam, a security risk, and a get-rich scheme that you mentioned.

It will take time to clarify the misconceptions surrounding bitcoin, therefore it's up to you and I to start by educating individuals who hold false beliefs about it on what they should know. For instance, if someone were to claim, "Bitcoin is a scam," you would quickly respond by outlining the reasons why he should take bitcoin as such.

Once you've done that, they won't think of bitcoin as a scam ever again. Even when people have incorrect views about bitcoin, he can assist in correcting them. By so doing, the right understanding of bitcoin will be spread and people will understand bitcoin better.


Title: Re: Common Bitcoin ideas
Post by: livingfree on September 09, 2023, 10:16:09 PM
Just tell them first that Bitcoin isn't a scam, the scam are those people that have used Bitcoin for their scamming purposes because it is a means of transfer, a money and an asset.

Yes, there are many classifications that can be said for Bitcoin and that doesn't understood by many of them. And those that have been victimized by scammers that used BTC can give it a chance.

I think if properly explained on what Bitcoin really is, they'll get to see what are the differences of it from the typical scam that they've met and to the actuality of what really it is and that could change their minds.

Having to show some video and visual materials about explaining what Bitcoin is to dummies could help.


Title: Re: Common Bitcoin ideas
Post by: South Park on September 09, 2023, 10:23:59 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Stop worrying about what other people think of bitcoin as this is not really your problem, concentrate on what you can control and do, which is to save money and then invest some of that money on bitcoin, now this view may seem selfish, and it is, but at the same time I do not see the point of trying to clear the doubts other people may have about bitcoin, let them discover on their own and at their own rhythm the truth about bitcoin, even if this means it will take longer for them to learn the truth.


Title: Re: Common Bitcoin ideas
Post by: lalabotax on September 09, 2023, 11:02:13 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
This won't be easy, changing someone's mindset from not liking it to liking it is quite difficult. Especially if they have reasons that they consider strong to avoid it, coupled with various reports in the media about the negative impacts of Bitcoin. It cannot be denied that the media contribution to Bitcoin is quite high. But unfortunately, we will more often encounter various negative effects of Bitcoin reported in the media. So however, this will create a negative impression of Bitcoin from many people. And while we personally might find it very difficult to introduce Bitcoin and convince them of the true benefits of Bitcoin, because they will listen more to the media reporting than us people who are considered laymen or just ordinary people like them.


Title: Re: Common Bitcoin ideas
Post by: irhact on September 09, 2023, 11:12:48 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

I think introducing them to Bitcointalk is enough because they'll get the right information from the forum, when introducing them you should make them understand that this isn't a place to look for money but a place to get information about bitcoin and other cryptocurrency that we should avoid because investing in them will be a waste of our money as they'll failed. Introducing them to bitcointalk will increase their knowledge on Bitcoin.

Many individual have the wrong idea on bitcoin and how we should be investing in it that's why alot of individual lose whenever the market dips because they don't understand how to invest. Bringing them to the forum will help informing them on what the industry is about.


Title: Re: Common Bitcoin ideas
Post by: taufik123 on September 09, 2023, 11:39:49 PM
There are many things that can be done to prevent beginners who want to learn Bitcoin from falling into fraudulent schemes or experiencing losses because of their ignorance about how to invest in Bitcoin.

Initial education is certainly one of the important things to do first. When you find users without good initial education, they will make investments without any basis, and when they experience losses they will continue to blame bitcoin and think that bitcoin is a very detrimental asset.
Even though they themselves cannot understand how Bitcoin or crypto works.

You might also be able to do a case study about the use of Bitcoin, the benefits obtained, and how Bitcoin impacts the area where you live.
that way you will know how society treats Bitcoin.
You can also provide practical demonstrations of the use of Bitcoin how to make investments or purchases right and how to sell it.

and the last is awareness about the security of the wallet used to buy Bitcoin, because many are negligent about the security of their own wallets. Or use the Exchange as an initial place to buy bitcoin.
Crypto will be very risky if it is not regulated and you will lose everything if you don't have that security awareness.


Title: Re: Common Bitcoin ideas
Post by: n0ne on September 10, 2023, 12:44:27 AM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

I think introducing them to Bitcointalk is enough because they'll get the right information from the forum, when introducing them you should make them understand that this isn't a place to look for money but a place to get information about bitcoin and other cryptocurrency that we should avoid because investing in them will be a waste of our money as they'll failed. Introducing them to bitcointalk will increase their knowledge on Bitcoin.

Many individual have the wrong idea on bitcoin and how we should be investing in it that's why alot of individual lose whenever the market dips because they don't understand how to invest. Bringing them to the forum will help informing them on what the industry is about.
Introducing people to the forum will make them get clear understanding about bitcoin. However it is common that people won't easily get into something that is much on digitization. At the beginning there need to be some attractive factor. For bitcoin it is the rise in the price of bitcoin and the volatility. Not everyone understands it in the right way. People who fear of the risk stay away whereas the one who understands it better takes the risk. So, majority of the users enter into cryptocurrency mainly for the purpose of getting rich. For some people it happens immediately and some it takes time. When it gets delayed the people who can't tolerate end up losing, and these people sometimes promote as if it is a scam. Right choice is to self analyse and understand through different sources available.


Title: Re: Common Bitcoin ideas
Post by: Iranus on September 10, 2023, 02:29:51 AM
What I mean is that you don't need to worry about people you don't know, you should equip yourself with good knowledge about bitcoin. Then you just need to educate your loved ones about bitcoin so they understand it well. From there, you encourage your loved ones to do the same thing you did with them, so that gradually everyone will have a proper understanding of bitcoin. Don't try to think of big ideas to help everyone at the same time, that's beyond our capabilities. If you really want to help people become more knowledgeable about bitcoin, start investing in your loved ones and people around you.


Title: Re: Common Bitcoin ideas
Post by: Ale88 on September 10, 2023, 02:45:32 AM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
BitcoinTalk is not for everyone, it's mainly for people who are actually interested in bitcoin but at the same time, usually, they already know why bitcoin in great. If you talk with someone and they tell you that they think bitcoin is a scam just because "somebody told me that", just don't waste your time, it means they are hopeless because it takes 2 minutes to open Google and find out why bitcoin is not a scam.


Title: Re: Common Bitcoin ideas
Post by: Out of mind on September 10, 2023, 02:54:47 AM
I told a guy where I live about bitcoin, and he told me the negatives of bitcoin, and he said bitcoin is a scam. I told him that Bitcoin can never be a scam because it has been used by people for a long time, and it has never gone down the path of scams. Rather, many people tried to make Bitcoin die many times, but it was not possible, rather Bitcoin came back again and again from that position. We all know that Bitcoin will not be a scam because we have faith in Bitcoin for hundreds of years and this Bitcoin will improve one day. I told my roommate the positives about Bitcoin, but he said that using Bitcoin is a crime in my country's government. And I also told him that the country's government also uses Bitcoin, and he just criminalized people for not using one and made Bitcoin illegal. So I tried to convince him a lot, but he answered me only one question using bitcoin is against the law, so he considers bitcoin scam. So I don't want to give him more knowledge about bitcoin, maybe he will use bitcoin one day and understand the positive aspects of bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Gallar on September 10, 2023, 03:02:17 AM
~Snip

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
You need to know that everyone has a different mindset and different responsiveness. So when you just tell people about Bitcoin, there will definitely be people who are curious and then look for information independently or ask you further questions, and there are also people who respond in a normal way, because they don't have any curiosity. Now for people who respond mediocrely, these people need to be given more understanding, because maybe their ability to grasp thoughts doesn't respond very quickly.

So in essence, if you want to spread bitcoin to your friends or relatives, my advice is that first you have to be an example for them. Because in my personal opinion, people will tend to be interested more quickly if they see live examples. Just like in bitcoin investment too, if you can be successful and successful with your bitcoin investment, I'm sure your friends or relatives will definitely have their own curiosity, and without having to bother telling them about bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Stella Mese on September 10, 2023, 03:49:01 AM
It's true that there are a lot of people who think investing in BTC is a quick way to get rich, yes, that's because lots of people have become rich by investing in BTC, but usually people who don't know about BTC always think. investing in BTC is easy and according to him it is the way to invest in BTC. to get rich quickly, without thinking about the risks and struggles of a BTC investor before success. In my opinion, in this case we have to explain the risks and benefits of investing in BTC and so on.


Title: Re: Common Bitcoin ideas
Post by: philipma1957 on September 10, 2023, 03:52:37 AM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

Well investing in anything is a progressive thing. Day after day Week after week month after month year after year.

Crazy up side growth is a thing of the past for BTC.

But to save 10usd a week for 10 years is the more likely thing you need to convince a person to do.

Not that it is a scam but that a dca investment must be done.


Title: Re: Common Bitcoin ideas
Post by: xSkylarx on September 10, 2023, 03:55:09 AM
Investing in Bitcoin is not about persuading anyone. I know we want everyone to adopt Bitcoin, but if others are skeptical, then let them learn about it because you'll just waste your time if their decision is not to invest in it. Also, most of the people right now who know about Bitcoin and want to invest don't have the capability of investing because their income is just enough.

Keep in mind that Bitcoin was made as a payment system for us to receive and send easily money, not as an investment, so the way you explain it is what really is Bitcoin, and then follow with it becoming an investment recently because of its price, but that is really the Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Plaguedeath on September 10, 2023, 05:51:27 AM
Why is every newbie always want to be a superhero?

I want to convince people about Bitcoin, I want to teach people about Bitcoin, Bitcoin will solve poverty, Bitcoin save me and my country etc etc. In reality people don't give a shit about someone else problem, it's not their business, so if you don't want to invest in Bitcoin or you're always become poor, it's your own business.

Let's accept the fact every people are greedy and they only want do something when there's a benefit for them.


Title: Re: Common Bitcoin ideas
Post by: Ayers on September 10, 2023, 08:00:46 AM

Keep in mind that Bitcoin was made as a payment system for us to receive and send easily money, not as an investment, so the way you explain it is what really is Bitcoin, and then follow with it becoming an investment recently because of its price, but that is really the Bitcoin.

The need of most people today is profit, money always comes first, so there is nothing wrong with recommending bitcoin as an investment. That way it will be easier to attract people's attention faster. I bet you enter the market and invest in bitcoin also for profit. As for whether bitcoin is used as a means of payment or currency, that will mostly be discovered once we spend time learning about it.

But giving advice or recommending bitcoin to someone is a waste of time. I mean, if we want to convince others, if we want others to listen to us, it is best for us to be better than them, to have some achievements so that they can look at us and have more trust. You are someone with an income of $1k/month, you cannot give advice on getting rich to someone with an income of $10k/month, newbies make this mistake quite a lot.


Title: Re: Common Bitcoin ideas
Post by: karabiber on September 10, 2023, 08:39:07 AM
Investing in Bitcoin is not about persuading anyone. I know we want everyone to adopt Bitcoin, but if others are skeptical, then let them learn about it because you'll just waste your time if their decision is not to invest in it. Also, most of the people right now who know about Bitcoin and want to invest don't have the capability of investing because their income is just enough.

Keep in mind that Bitcoin was made as a payment system for us to receive and send easily money, not as an investment, so the way you explain it is what really is Bitcoin, and then follow with it becoming an investment recently because of its price, but that is really the Bitcoin.

There are still aspects of Bitcoin's working principle and philosophy that are not widely understood. We can explain Bitcoin which is sometimes difficult to understand, especially because of the different terms involved, more closely with examples from everyday life. This way we can get people closer to Bitcoin and crypto markets. First of all, Bitcoin is definitely not a get rich quick scheme and was not created for that.

Bitcoin is easier to understand if we think of it as a store of value and an asset that will change payment systems. For example, if you have both gold and cash with you and the cashier tells you that you can pay for your shopping with both gold and cash. In this situation, i think no one would prefer to pay with gold. Because gold is a convenient tool for saving and storing the value of your savings. In this example, gold represents Bitcoin. Bitcoin is a reliable and stable asset that is less likely to lose its value in the future. In other words, Bitcoin is a tool to store the value of savings. With simple examples like this, we can explain Bitcoin to people who don't know about it without being boring.


Title: Re: Common Bitcoin ideas
Post by: Nrcewker on September 10, 2023, 08:46:49 AM
The ones who are fearing that Bitcoins will end them in losses, let me clarify that not only Bitcoins but any type of investment have the fear of getting losses. So if you keep on fearing and don’t invest by taking risk then how the hell you will make money? Regarding the scams, it can’t be stopped to be honest. Scammers use all the possible methods to scam people, they use Bitcoins, sometimes credit cards and more. So the main thing is that, whoever is wise and got a broader perspective will definitely choose to invest in Bitcoins. At the end of the day we can’t force everyone.


Title: Re: Common Bitcoin ideas
Post by: Texac on September 10, 2023, 09:15:35 AM
Why is every newbie always want to be a superhero?

I want to convince people about Bitcoin, I want to teach people about Bitcoin, Bitcoin will solve poverty, Bitcoin save me and my country etc etc. In reality people don't give a shit about someone else problem, it's not their business, so if you don't want to invest in Bitcoin or you're always become poor, it's your own business.

Let's accept the fact every people are greedy and they only want do something when there's a benefit for them.

Simply because newbies are like frogs sitting at the bottom of a well and they have not seen anything other than that well.  they need time to experience everything before having a more accurate view of the market and bitcoin.  they are people who are stuck in life and suddenly discover bitcoin, like finding the light at the end of the tunnel, so they begin to fantasize about the power of bitcoin like a god.

You're right, as humans, no one would be so kind as to help others without asking for something in return.  it's all for personal gain.  people who always talk about morality, always try to prove that they are good people and want to help others, those people are scarier than anyone.


Title: Re: Common Bitcoin ideas
Post by: GreatArkansas on September 10, 2023, 09:43:38 AM
The ones who are fearing that Bitcoins will end them in losses, let me clarify that not only Bitcoins but any type of investment have the fear of getting losses. So if you keep on fearing and don’t invest by taking risk then how the hell you will make money? Regarding the scams, it can’t be stopped to be honest. Scammers use all the possible methods to scam people, they use Bitcoins, sometimes credit cards and more. So the main thing is that, whoever is wise and got a broader perspective will definitely choose to invest in Bitcoins. At the end of the day we can’t force everyone.
I don't think so, because some people have their own opinions and we must respect them, especially if they just don't want to use Bitcoin or invest in it because they saw other opportunities non-Bitcoin related.
I agree with scammers because even in non-Bitcoin like in fiat, scammers are everywhere, it is just we can't control it, we must be aware of any scam to avoid it.


Title: Re: Common Bitcoin ideas
Post by: Peanutswar on September 10, 2023, 10:12:02 AM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

It is too hard to push the other who is not interested to the things you want to share to them, The only way to catch their attention is to make them feel their regrets and show them first what are the possible things you can do in the bitcoin so by that they will realize like oh its beneficial if you keep them pushing you're just wasting your time like that, they already built in their perspective that the bitcoin is bad due to different crime committed with the use of it, movies and etc. Now its all about peoples open minded if they want to adopt this or not.


Title: Re: Common Bitcoin ideas
Post by: romero121 on September 10, 2023, 10:48:30 AM
Earlier people used to raise questions on being virtual. Majority found it hard to believe something that doesn't have the physical appearance have value. Later when digitization happened around, people started to believe and the cryptocurrency usage increased than the earlier days. By that time people who have been thinking on bitcoin being virtual got good clarity. It didn't happen all of the sudden, it took time as people who have understood well about bitcoin gave briefing and the users themselves experienced it. Same as that it takes time for people to understand and stay away from scams. For now what can be done is, create interest among common people on using cryptocurrency on different needs.


Title: Re: Common Bitcoin ideas
Post by: Bd officer on September 10, 2023, 11:19:48 AM

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Most people don't understand Bitcoin because it is a virtual currency. Humans can easily understand things that can be seen and grasped. op, you gave the idea of ​​bitcoin, how old are those people? It is very difficult to explain Bitcoin among the older people, they don't easily understand what Bitcoin is. If you want to give ideas about Bitcoin, then try to give ideas among the young generation. Op you first understand what Bitcoin is, discuss the risks. You should never talk someone into investing in Bitcoin unless they are willing to invest themselves.


Title: Re: Common Bitcoin ideas
Post by: fuguebtc on September 10, 2023, 12:46:55 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

It is too hard to push the other who is not interested to the things you want to share to them, The only way to catch their attention is to make them feel their regrets and show them first what are the possible things you can do in the bitcoin so by that they will realize like oh its beneficial if you keep them pushing you're just wasting your time like that, they already built in their perspective that the bitcoin is bad due to different crime committed with the use of it, movies and etc. Now its all about peoples open minded if they want to adopt this or not.


We find it difficult trying to recommend bitcoin to others because we have yet to achieve any positive results from our investment. Like many other people, we are always skeptical when we hear about something new and we will only believe it if there is some solid evidence. In my opinion, simply providing the results you achieved when investing in bitcoin is the best advice for them. And if they still stubbornly don't believe, then we shouldn't waste our time with those types of stubborn people.
Investing in bitcoin is for their benefit and we will not get any benefit from it, so don't waste time if they deny their opportunity.


Title: Re: Common Bitcoin ideas
Post by: Woodie on September 10, 2023, 01:06:01 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
To be honest, I don't blame the majority of people thinking bitcoin is a scam because many of the times..we have a lot of scammers all claiming to multiply funds X times for a small investment and everyone that has done so has nothing nice to say because they not only lost the investment but profits never showed up too.

And worse off, crypto sensitization on how to protect oneself in the cyberspace is hardly done which leaves room of scammers to have an upper hand...which is why due diligence and research should always be encouraged to have first hand information and how to be make crypto smart decisions.


Title: Re: Common Bitcoin ideas
Post by: lovesmayfamilis on September 10, 2023, 01:33:15 PM
Start with yourself. How personable are you, so that people can trust you? Can you be an example for them? Many people do not believe in what they do not understand. Until they have an example to believe in you, looking at your life, they are free to make their choice. In addition, any practice always becomes the best teacher. If people make a mistake by rushing to invest without their own understanding, you need to show them their mistakes. There will probably be those who, having learned the first lessons, will want to continue the path of learning, but you must always remember that it is impossible to be loved by everyone, regardless of whether it is a person or such a thing as Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Blitzboy on September 10, 2023, 01:55:19 PM
It's amazing how perceptions can distort reality. Dispelling myths requires knowledge. Introducing them to BitcoinTalk can help, but it won't solve the misconceptions. Newcomers may be overwhelmed by the language and complex conversations.

Instead, start with grassroots efforts. Local lectures or workshops should cover Bitcoin's origin, decentralization, and possibilities beyond “get rich quick” schemes. Focus on blockchain and its revolutionary transparency and security capabilities.

Cooperate with local schools. Curriculum should include cryptocurrency classes or discussions. A well-informed, scam-resistant community can be built by incorporating this knowledge at foundational levels. We want to promote comprehension, not awareness.


Title: Re: Common Bitcoin ideas
Post by: Best-mary on September 10, 2023, 02:13:04 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

There should be a summit once in a while about Bitcoin, I see some do this in their community at least even if they don't know what crypto is as a whole, they know that BTC is decentralised and can be easily transferred with no hassle


Title: Re: Common Bitcoin ideas
Post by: Lida93 on September 10, 2023, 02:49:28 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Presenting bitcoin to people as a subject of investment can sound suspicious and scary for a first timer. It will be reasonable if it's presented as an alternative choice of spending and storing your funds which provides privacy coupled with transparency and also giving users complete control of their funds.

Thereafter asking them to go do their own research study about bitcoin, scrutinizing every information they find.  Bitcointalk forum can be the least you will need to introduce to them so they don't find difficulty looking like they are lost in the community with discussions that seems alien to them.
Having a proper introduction about bitcoin really have a lot on how people will react to it.


Title: Re: Common Bitcoin ideas
Post by: dothebeats on September 10, 2023, 03:31:34 PM
Well, to start off we can't really force information on other people and ensure that they fully understand what Bitcoin is without them having their own interest, curiosity, and drive to learn about it. From my own experience, I learned that people will find a way to understand something more even without outside factors pushing them to do so. For example, my partner found out about having Bitcoin and my investments, with this my partner got curious about it and started her own research and sometimes asking me questions, as she indulged herself with the information she's getting she then told me that she used to think Bitcoin was all negatives as she heard a lot of stories regarding scams and illegal activities surrounding it, that is until she did her own research and found out the benefits people can get from investing and using Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Fivestar4everMVP on September 10, 2023, 03:36:50 PM
Anybody who in this age and time still believes that Bitcoin is a get rich quick scheme is on a long thing, atleast for the fact that Bitcoin has been running smoothly for this several years should be a prove to every one that it is the future of money..

Anybody who believes that Bitcoin is a get rich quick scheme needs to re-orient themselves, or go into research to really educate themselves about Bitcoin, how can any body still believe that Bitcoin is a get rich quick scheme when government of different countries are already looking for how to invest and regulate Bitcoin and cryptocurrencies in general ?


Title: Re: Common Bitcoin ideas
Post by: Aanuoluwatofunmi on September 10, 2023, 03:44:52 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Presenting bitcoin to people as a subject of investment can sound suspicious and scary for a first timer. It will be reasonable if it's presented as an alternative choice of spending and storing your funds which provides privacy coupled with transparency and also giving users complete control of their funds.

Thereafter asking them to go do their own research study about bitcoin, scrutinizing every information they find.  Bitcointalk forum can be the least you will need to introduce to them so they don't find difficulty looking like they are lost in the community with discussions that seems alien to them.
Having a proper introduction about bitcoin really have a lot on how people will react to it.

One thing about people is that you can't have everyone of them on the same page, bit all of them will be able to take a bold step in learning, taking risk and giving it all it may requires to do about bitcoin, we can also take life in general view, people are so reluctant in so many ways and don't show a positive attitude towards anything they do which could place demand on them, some would have been dupped before through online digital investments prior to when bitcoin was introduced, all these fear grips the heart of many and refrain them from giving bitcoin a benefit of doubts, yet we can't blame these people unless they have a change of mind by themselves to give another try with bitcoin.


Title: Re: Common Bitcoin ideas
Post by: tjtonmoy on September 10, 2023, 04:15:30 PM
Knowledge is everything when it comes to understanding something. The less you know the more you become ignorant about it. Also teaching someone something that they are not curious about is a hard thing to do. No matter what you tell them, they will stick to their own limited knowledge and ignore you. It is important if you really want to teach someone about something, make them curious, and create a space where they will be interested in that topic.

All you have to do after that is to teach them every detail. From good to bad to worst. And then it should be their own choice whether they want to be in it or not. As long as they are limited by their learning, it is not worth it to try and teach them. Let them be. Once they understand the facts, they will be back to you. So wait for that moment. All you need to do is share the knowledge and wait for them to come to you. Not you going to them.


Title: Re: Common Bitcoin ideas
Post by: Franctoshi on September 10, 2023, 04:17:30 PM
Anybody who in this age and time still believes that Bitcoin is a get rich quick scheme is on a long thing, atleast for the fact that Bitcoin has been running smoothly for this several years should be a prove to every one that it is the future of money..

Anybody who believes that Bitcoin is a get rich quick scheme needs to re-orient themselves, or go into research to really educate themselves about Bitcoin, how can any body still believe that Bitcoin is a get rich quick scheme when government of different countries are already looking for how to invest and regulate Bitcoin and cryptocurrencies in general ?
Having Bitcoin stayed for quite a decade-plus while facing several governmental bans, adoption, and many circumstances that can slow or could cause such technology to go out of existence which Bitcoin has undergone these years, yet stood the test of time and still exists today and running smoothly is indeed enough proof to clear this doubts about the legitimacy of Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Dr.Bitcoin_Strange on September 10, 2023, 10:09:53 PM
In some parts of the world, there are a large number of people who have no proper knowledge about Bitcoin and have been misled because of their lack of knowledge. That's why they have such a bad impression of Bitcoin. Although we cannot help everyone at once, it's just a kind of gradual process where you have to properly educate anybody you come across who has a misconception about Bitcoin. Like you said, if you ask some people about Bitcoin and many of them don't know about it, if you want to educate them, you can equally organize a Bitcoin meeting where you have to properly educate them all about Bitcoin. I did attend some seminars where I really learned a few things about Bitcoin, which got me to really give it my full attention. You can equally organize a small class for them, and if they learn well, they can equally teach others, and by so doing, the knowledge will spread gradually.


Title: Re: Common Bitcoin ideas
Post by: yazher on September 10, 2023, 10:22:01 PM
First of all, you cannot take all those roles but instead, you guide them here in this community and let them do the rest to research and to ask questions about what they want to know. If they don't have any knowledge about it yet, then you can just simply explain to them the basics and the dos and don'ts in order to save them temporarily from getting hyped and blindly investing at the wrong time.


Title: Re: Common Bitcoin ideas
Post by: panganib999 on September 10, 2023, 11:19:02 PM
Information campaigns could only go so far. There has to be a widespread protest/campaign with the clear intention of mind you "not painting bitcoin in a good light" cause that would lead people into thinking that we are spreading propaganda to lure people into what they could only see as a glorified ponzi scheme, but to actually just clear out bad air around bitcoin and destroy fallacious or misconceptions about it. If we can only do that with the government's help that would be great since corrupt as they may be, the public still has a fair amount of trust over their government, but as it stands today that's next to impossible considering that a lot of countries either don't have clear set rules about crypto, or are just outrightly banning them to avoid further discussion.


Title: Re: Common Bitcoin ideas
Post by: rachael9385 on September 12, 2023, 08:21:17 PM
In some parts of the world, there are a large number of people who have no proper knowledge about Bitcoin and have been misled because of their lack of knowledge. That's why they have such a bad impression of Bitcoin. Although we cannot help everyone at once, it's just a kind of gradual process where you have to properly educate anybody you come across who has a misconception about Bitcoin. Like you said, if you ask some people about Bitcoin and many of them don't know about it, if you want to educate them, you can equally organize a Bitcoin meeting where you have to properly educate them all about Bitcoin. I did attend some seminars where I really learned a few things about Bitcoin, which got me to really give it my full attention. You can equally organize a small class for them, and if they learn well, they can equally teach others, and by so doing, the knowledge will spread gradually.
Yes, what you have said is the truth. The number of people who haven't heard about Bitcoin or don't have good knowledge about Bitcoin is bigger than the one that truly know about Bitcoin and what it means. Some people who have misconceptions about Bitcoin might have gotten the wrong ideas from people who have low ideas about Bitcoin and this is spreading wrong information about Bitcoin.

Organizing or attending a Bitcoin class is a very good idea, it will help people to know and gather good information about Bitcoin. Some people who failed to learn about Bitcoin find it so difficult sometimes when they come across things that they have never seen before they get confused although outside online, it is very hard to find a legit Bitcoin class in some society.


Title: Re: Common Bitcoin ideas
Post by: The Cryptovator on September 12, 2023, 08:52:25 PM
If the first approach was about being quick rich during the explanation of Bitcoin, these people would regret it later. If Bitcoin wereintroduced properly and described how it actually works, then anyone shouldn't regret it. Because they are aware of how it works. For very new investors, especially those who don't have clear financial knowledge, it might be hard to convince them to make a Bitcoin investment. Because when they notice the volatility, they might be afraid to invest. We have to explain that Bitcoin as a currency exists just virtually, and for a long time we can invest to get profit from that.


Title: Re: Common Bitcoin ideas
Post by: Oasisman on September 12, 2023, 09:10:11 PM

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

Nothing. If a person is not interested on your first approach, just don't bother to force him to get interested in bitcoin. If they got scammed before, just tell him how bitcoin works and what was his mistake on why he ended up being scammed. There's nothing much we can do if a person is not interested or became less interested because they are scammed. Not unless, if they themselves decides to learn further.
That get rich quick mindset should also be eradicated in their minds, that's another major reason why they are susceptible to scammers. I've seen a lot of people who's has the same mindset and yeah they got scammed eventually. Can't do nothing much about it lol.


Title: Re: Common Bitcoin ideas
Post by: Mahanton on September 12, 2023, 09:20:38 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
Had already tried on introducing things to other people but ending up on having those kind of common impressions on which they do really believe that Bitcoin is indeed a scam without even trying out to realize that it was really just a tool that being used simply the same as fiat with those common scam or modus schemes that we do have on in the past. It did really just turn out that they dont really have any idea on what Bitcoin or crypto is and on the time that they had able to experienced those bad things then this is where they would really be making out those kind of conclusions that it is indeed a scam coin and should really be avoided. Some people open minded and welcome up those new information and make out some significant change but we know that there are people who are really that close minded on which on the time that they would really be able to finalize up somethings then this is where it would really be ending up and never ever tend to touch it up once again once they would be hearing it out. Therefore, the best thing to do is not to do something, just let them be on believing on what they do believe because on the time that it would become a trend or mainstream then this is where they would really be starting on showing those regrets that they had missed out earlier.


Title: Re: Common Bitcoin ideas
Post by: RockBell on September 12, 2023, 09:37:32 PM
First of all, you cannot take all those roles but instead, you guide them here in this community and let them do the rest to research and to ask questions about what they want to know. If they don't have any knowledge about it yet, then you can just simply explain to them the basics and the dos and don'ts in order to save them temporarily from getting hyped and blindly investing at the wrong time.

People already have a fixed idea, and because of that fixed idea they will always go with what people say regardless of the risk behind the info and forget that the same information can be wrong and that the majority don't even care about research most people don't even know the purpose of bitcoin all they care about is buy usdt or any stable paired then the next thing is to buy bitcoin, and only very few people ask question the rest are always calculating if the price should hit their target that's all they are thinking about, aside money bitcoin is an environment everyone can enjoy.


Title: Re: Common Bitcoin ideas
Post by: Vaculin on September 12, 2023, 09:39:10 PM
Bitcointalk forum is a great help already. It could be a good avenue where you can correct your wrong perceptions about bitcoin and find out what’s the truth behind it. However, I can’t tell that this forum is enough. Sometimes we need people to experience bitcoin first either through investing or trading, because whatever the outcome of it, that would influence these people about the reality of bitcoin and that it can’t be a get rich quick tool just like everyone else is thinking. Sometimes we need people to fail and lose on their bitcoin investments so that they will invest with caution realizing that bitcoin is a high risk asset that needs more careful analysis and preparation.


Title: Re: Common Bitcoin ideas
Post by: Egii Nna on September 12, 2023, 10:16:15 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

Yes, many people heard about bitcoin but there don’t actually know what bitcoin is about, while some have few knowledge about bitcoin but are afraid of falling in the hand of scammers due to the high level of scammers now a day, my opinion here is that you should never force a person to invest in bitcoin, but only educate him/she and also tell the person you are educating that bitcoin is not a short time investment but a long time investment, because many people now a day just want to make money fast but some don’t have the patience it takes to make money fast that is the main reason why most people are afraid of investing in bitcoin, and also when educating make sure you tell whom you are educating That he or she will invest what he/she knows he/she can lose, because when you want to encourage or advise someone to join bitcoin you have to open up the necessary and possible positive  and negative aspects of bitcoin and also the complications that may arise as a result of negligence, so that even if the user loses he/she will not blame you.


Title: Re: Common Bitcoin ideas
Post by: Zigabel on September 12, 2023, 10:19:22 PM
The first time I was introduced to Bitcoin, the person who introduced me said and I quote "don't engage in a business you don't understand", hence get as much information as possible/needed as it concerns the business or investment you want to venture into as not understand standing it exposes you to either been on the loosing side or stand a chance of been defrauded or scammed as the case may be.

Considering the above proper Orientation before coming into the Bitcoin space can not be overly emphasised, as contrary to other knowledge of Bitcoin been a get rich quick scheme or a means for scamming and all that which is definitely wrong, Orientation/education will help change their perspective as to what Bitcoin actually is and how investment on Bitcoin can be done properly to get the desired results expected. This orientation/education can be carried out on various platforms which includes, telegram, X-space, zoom calls etc and here on Bitcoin talk. Introducing them to Bitcoin talk alone might not be enough as some persons can be very slow with learning.


Title: Re: Common Bitcoin ideas
Post by: Smartvirus on September 12, 2023, 10:53:07 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
It doesn't matter what your introducing them to. If they haven't seen the need or convinced themselves that this is good for them, you would be as well introducing another dormant person unto the forum.
I think you need to understand that it's never compulsory for everyone to be vested in cryptocurrency or on the forum. You jut have to let them grow there own interest and for most, a first introduction is the best you could do for them. Though they might not jump right ahead to invest, it might even take them years but, when the bulls come in and the market starts to boom, you would easily find them running back to you for a recap.

Then, they would have learned 2 good important lessons;
Time is of the essence to profiting from an investment and
Bitcoin isn't a scam but a currency of great potential.

Let them find themselves at times.


Title: Re: Common Bitcoin ideas
Post by: Dzwaafu11 on September 14, 2023, 05:43:39 AM
~snip~

because when you want to encourage or advise someone to join bitcoin you have to open up the necessary and possible positive  and negative aspects of bitcoin and also the complications that may arise as a result of negligence, so that even if the user loses he/she will not blame you.

Actually, what you said is right, but advising or encouraging someone to invest in bitcoin is a bad idea, in my opinion. Did you know that if you are encouraging someone to invest in bitcoin, you won’t tell them the risk involved because you are encouraging them, and telling them the risk may affect your encouragement, so they will not be as convinced as you want? So the only thing left is to educate anyone who wants to invest in bitcoin.

However, I think advising someone to invest in bitcoin is also not a good idea, but if you let him know the existence of the investment if he wishes to do it, then you can now educate him about the risk he will take while investing in bitcoin because not everybody can take the risk involved in the investment, so telling them the risk will determine how ready they are for the investment.


Title: Re: Common Bitcoin ideas
Post by: Blitzboy on September 14, 2023, 09:52:00 AM
~snip~

because when you want to encourage or advise someone to join bitcoin you have to open up the necessary and possible positive  and negative aspects of bitcoin and also the complications that may arise as a result of negligence, so that even if the user loses he/she will not blame you.

Actually, what you said is right, but advising or encouraging someone to invest in bitcoin is a bad idea, in my opinion. Did you know that if you are encouraging someone to invest in bitcoin, you won’t tell them the risk involved because you are encouraging them, and telling them the risk may affect your encouragement, so they will not be as convinced as you want? So the only thing left is to educate anyone who wants to invest in bitcoin.

However, I think advising someone to invest in bitcoin is also not a good idea, but if you let him know the existence of the investment if he wishes to do it, then you can now educate him about the risk he will take while investing in bitcoin because not everybody can take the risk involved in the investment, so telling them the risk will determine how ready they are for the investment.
You are right that support is often given with a bias toward the positive. You can't just say, "Hey, start using Bitcoin because it's the future!" Then you say, "But hey, you could also lose all your money". Talk about sending mixed messages, right?

I love to talk about the good, the bad, and the ugly of cryptocurrency as a bitcoin enthusiast. It does people no good to support them without also teaching them. If they're still excited about it after knowing the risks, then everyone wins, right?

In the end? Tell them it exist. Tell them that its like out there, with lots of scammer, hackers and thieves. Let them decide for themselves if they want to wear cowboy hats and take part in the journey.


Title: Re: Common Bitcoin ideas
Post by: icalical on September 14, 2023, 11:00:40 AM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

To answer your question, in my opinion, first and foremost, find the right person/people, if you just pick random people who doesn't actually need bitcoin, you will be forced to sell them Bitcoin as highly profitable investment because that's the easiest way to make anyone interested, and that will give them the wrong idea and motivation to get into Bitcoin.

If you actually want to introduce people to Bitcoin, find someone who actually needs Bitcoin as currency, maybe someone who do international transaction, they will be interested if you tell them there is a new kind of currency that is not controlled by any entity, the transaction is seamless and the fee is quite low.


Title: Re: Common Bitcoin ideas
Post by: Dr.Bitcoin_Strange on September 14, 2023, 11:39:24 AM
Organizing or attending a Bitcoin class is a very good idea, it will help people to know and gather good information about Bitcoin. Some people who failed to learn about Bitcoin find it so difficult sometimes when they come across things that they have never seen before they get confused although outside online, it is very hard to find a legit Bitcoin class in some society.

Yes, that's true, but as a Bitcoiner who already has good knowledge about Bitcoin, you can teach others. You can just gather a few people who you know don't have proper knowledge about Bitcoin but are interested in it. You can organize a small class and educate them, and if they have learned, they can also teach others who don't know about Bitcoin.

The seminar I attended in school was organized by some individuals who have good knowledge about Bitcoin, and they just wanted to make an impact in the lives of the students, so they decided to print some flyers to announce that there would be a Bitcoin education meeting on an agreed date. So, you can take such an approach if you want to teach other people about Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: BRINIRHA on September 14, 2023, 12:38:57 PM
Indeed, the strongest reason that makes someone afraid to invest in bitcoin is because of the person's limited insight into bitcoin. Lack of insight certainly means someone will not understand Bitcoin itself. But we also can't force them to learn bitcoin. Because they will only start to be interested in learning about bitcoin if they are really curious about bitcoin. Usually curiosity arises after they see someone successful from bitcoin. So now we just have to focus more on ourselves in investing in bitcoin. And after we have many advantages, then we can make them curious and interested in following us. And they will definitely start learning it. Those who misunderstand bitcoin are those who receive wrong information and from the wrong media or news that vilifies bitcoin.


Title: Re: Common Bitcoin ideas
Post by: DanWalker on September 14, 2023, 01:05:51 PM
~snip~
 So now we just have to focus more on ourselves in investing in bitcoin. And after we have many advantages, then we can make them curious and interested in following us. And they will definitely start learning it. Those who misunderstand bitcoin are those who receive wrong information and from the wrong media or news that vilifies bitcoin.

I like your idea and it is the one I believe is the most effective, so far. How can we give advice or tell people that they should invest in bitcoin because it will bring them great benefits while we also don't have any outstanding achievements with bitcoin investment? If it were me, I wouldn't listen to someone's advice to get rich if they don't have any achievements or have a lower income than me. Such is life and that's why the rich always have more say than us.

Sometimes we are kind enough to help them, but they will never believe us if we don't have real evidence. I understand the OP's intention but I wouldn't spend time sharing or convincing someone about bitcoin. Instead, I will focus on my investments, when I have positive financial changes, they will come to me to ask me to teach them about bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Lorence.xD on September 14, 2023, 01:06:55 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

To answer your question, in my opinion, first and foremost, find the right person/people, if you just pick random people who doesn't actually need bitcoin, you will be forced to sell them Bitcoin as highly profitable investment because that's the easiest way to make anyone interested, and that will give them the wrong idea and motivation to get into Bitcoin.

If you actually want to introduce people to Bitcoin, find someone who actually needs Bitcoin as currency, maybe someone who do international transaction, they will be interested if you tell them there is a new kind of currency that is not controlled by any entity, the transaction is seamless and the fee is quite low.

Well it's actually true that if you want to learn something, you'll have to find a group of people who also shared the same interest as you because learning Bitcoin might sound forced. But I think this is only applicable to people who's open to interact with other people or what we call extroverts (if it's not online) cause for me it's too hassle to talk with other people so I've done my own research, but I joined into legit fellow people who started early and willing to assist newbies and group pages posting updates about BTC.

I actually pick people to introduced BTC, like my friend who's good at gambling and due to high amount of winnings he's planning what to do with the winning money so I introduced to him BTC as investment. By just simply telling it's worth profiting it would get them curious of course warned them about the risk


Title: Re: Common Bitcoin ideas
Post by: terrific on September 14, 2023, 01:24:45 PM
I actually pick people to introduced BTC, like my friend who's good at gambling and due to high amount of winnings he's planning what to do with the winning money so I introduced to him BTC as investment. By just simply telling it's worth profiting it would get them curious of course warned them about the risk
Me either, it's frustrating before when there seemed to be people looking interest in Bitcoin but then you just get tired telling and introducing it.
As I am picking, there's no one that's approaching him despite they're risk takers as well.
I'm just trying to avoid them or they're trying to avoid me because I'm giving so much space away from them because I don't think it's worth it to talk to them if it's related to Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: KiaKia on September 14, 2023, 01:34:52 PM
Seek and you shall find, if you aren't ready to go looking for answers you will never understand Bitcoin and Crypto in general, no one comes into the world with the knowledge of crypto, we get onto the world and people start building if you don't know anything you have to learn, I can't help people who are not ready to learn, they are trapped in whatever they believe in and not learning means they want to be right always.

I've come to understand that the difference between myself and many people in the world is the ability to explore and learn what you don't know, I think this is why the majority of people are in one position, they don't want to grow or they aren't just ready to grow.

If someone needs something like Bitcoin as a currency, they will be willing to learn and my door is always open for such people, it's boring not to talk about Bitcoin and crypto, I love having such discussions in the real world.


Title: Re: Common Bitcoin ideas
Post by: TheUltraElite on September 14, 2023, 01:54:58 PM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
There has been a media hype regarding crypto being a get-rich-quick scheme and a ton of such projects that led to propagation of this idea and being generalized with bitcoin. This cannot be undone right away. We bitcoiners who have spend a lot of time observing and discussing know this from the core, but explaining this to a common person is a hell of a task and you likely end up getting a smirk and a tinfoil hat comment on your face.

But I feel that most people want to make money but its just they are not ready for something as mysterious as bitcoin however deeply we try to untangle it and present to nocoiners.

Only take the approach of explaining if the listening person is interested in bitcoin, otherwise you end up being a laughing stock.


Title: Re: Common Bitcoin ideas
Post by: xSkylarx on September 14, 2023, 01:55:42 PM
I actually pick people to introduced BTC, like my friend who's good at gambling and due to high amount of winnings he's planning what to do with the winning money so I introduced to him BTC as investment. By just simply telling it's worth profiting it would get them curious of course warned them about the risk
Me either, it's frustrating before when there seemed to be people looking interest in Bitcoin but then you just get tired telling and introducing it.
As I am picking, there's no one that's approaching him despite they're risk takers as well.
I'm just trying to avoid them or they're trying to avoid me because I'm giving so much space away from them because I don't think it's worth it to talk to them if it's related to Bitcoin.

Before I explain it to someone who asks me to explain it to them I always check on them to see if it is worth my time or not. There are times that they won't listen so it is useless to explain to them what bitcoin is and I am not that kind of person who will really push them to invest I only want those people who are really interested in it so that my time and effort won't go to waste.

Right now it is better to send video links or blogs explaining bitcoin to those who asked you about it because they can understand more about it and it won't make you frustrated explaining it to someone. There are a lot of videos right now online that can be watched by anyone just give them the link and let them watch.


Title: Re: Common Bitcoin ideas
Post by: WillyAp on September 14, 2023, 02:04:31 PM
The best publicity Bitcoin or any other coin could have, is to form a Seed Money, fundraiser Organisation.
Or join one and make sure that you have them publish, on their site the part Bitcoin plays, (or any other coin).


Title: Re: Common Bitcoin ideas
Post by: terrific on September 14, 2023, 07:04:39 PM
I actually pick people to introduced BTC, like my friend who's good at gambling and due to high amount of winnings he's planning what to do with the winning money so I introduced to him BTC as investment. By just simply telling it's worth profiting it would get them curious of course warned them about the risk
Me either, it's frustrating before when there seemed to be people looking interest in Bitcoin but then you just get tired telling and introducing it.
As I am picking, there's no one that's approaching him despite they're risk takers as well.
I'm just trying to avoid them or they're trying to avoid me because I'm giving so much space away from them because I don't think it's worth it to talk to them if it's related to Bitcoin.

Before I explain it to someone who asks me to explain it to them I always check on them to see if it is worth my time or not. There are times that they won't listen so it is useless to explain to them what bitcoin is and I am not that kind of person who will really push them to invest I only want those people who are really interested in it so that my time and effort won't go to waste.
If they don't listen to you in the first place, that's not encouraging already. Because if they ask questions and literally are interested to know the answer.
Then, they will have to listen to you but if you have noticed that they are not keen in listening, that's when you decide to just stop and don't get interested about them anymore.

Right now it is better to send video links or blogs explaining bitcoin to those who asked you about it because they can understand more about it and it won't make you frustrated explaining it to someone. There are a lot of videos right now online that can be watched by anyone just give them the link and let them watch.
I agree, this saves both of your time.


Title: Re: Common Bitcoin ideas
Post by: _BlackStar on September 14, 2023, 07:44:55 PM
Bitcoin investment is certainly high risk - so it's normal that someone would be afraid of losing their money. In my country - people work 6-8 hours a day for a salary that only covers most of their needs. They can set aside a small amount for savings or invest in low-risk assets - so of course they will not easily invest in high-risk assets like bitcoin without good knowledge.

If you want to tell them about bitcoin investment - take a good approach. I'm sure they won't understand it on the first meeting - but if you're good enough at providing insight and explanation, maybe they'll ask you to teach them how.


Title: Re: Common Bitcoin ideas
Post by: Sanitough on September 14, 2023, 09:05:28 PM
People understand and learn from bitcoin not because we tell them to do so, but because they do it with their own interest and eagerness to learn. So if there is self-motivation, anyone can learn successfully about bitcoin and its essence. No need to push people to do it because if they have real intention to learn and prioritize bitcoin, they will do it with their due diligence.

Bitcointalk is only an avenue for learning, learning takes courage and patience as well so you will continue to learn step by step until you get the whole idea of bitcoin. And once you get there, you will never become fearful and even greedy anymore investing in bitcoin.


Title: Re: Common Bitcoin ideas
Post by: The Cryptovator on September 14, 2023, 09:15:08 PM
I want to add something: the only approach should be to explain Bitcoin instead of Bitcoin investment when you are introducing Bitcoin to a new guy. When he completely understands how Bitcoin and its price work, he might make a decision by himself. He would realise whether he should invest in Bitcoin or not. I just prefer him to follow the chart and even read the old chart as well. If you want to convince someone of Bitcoin as an investment opportunity at the beginning, he will take it negatively. So be simple and informative to reach new people regarding the Bitcoin explanation.


Title: Re: Common Bitcoin ideas
Post by: Odusko on September 14, 2023, 09:18:33 PM
Taking Bitcoin as an investment is a wrong mentality and i don't know where people get that idea from, bitcoin shouldn't be was taken as some form of get-rich-quick scheme, because it takes a whole lot more than that to gain from Bitcoin.
And the first thing one should get before considering Bitcoin is the knowledge of what Bitcoin is and stands for and also what is the best approach to getting into Bitcoin, is not just on to have the money to buy Bitcoin,  but first you must have the fundamental knowledge of how to secure your Bitcoin and improve for wallet security for long term usage, in such a way that even if you don't access the wallet for a long period, with your wallet private keys, you are good to go.


Title: Re: Common Bitcoin ideas
Post by: serjent05 on September 14, 2023, 09:21:30 PM
People understand and learn from bitcoin not because we tell them to do so, but because they do it with their own interest and eagerness to learn. So if there is self-motivation, anyone can learn successfully about bitcoin and its essence. No need to push people to do it because if they have real intention to learn and prioritize bitcoin, they will do it with their due diligence.

At some point, people understand Bitcoin because there is someone teaching them about it.  Not all people are capable of learning Bitcoin and its basics easily.  They need someone to teach them especially when it comes to the technical aspects of Bitcoin such as creating a wallet, securing a wallet, and how the process is done.  Many people fail to comprehend some things if it is too complicated for them so there is still a need for a lecturer to make it easy for the newcomer to set up their participation to the Bitcoin economy.

Bitcointalk is only an avenue for learning, learning takes courage and patience as well so you will continue to learn step by step until you get the whole idea of bitcoin. And once you get there, you will never become fearful and even greedy anymore investing in bitcoin.

I agree in addition learning also needs interest and passion since there is always this difficult stage in learning Bitcoin and many have given up on this because of a lack of interest and passion to continue.


Title: Re: Common Bitcoin ideas
Post by: jeraldskie11 on September 15, 2023, 10:42:15 AM
Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
I believe we can see people like that in any country that thinks Bitcoin as a get-rich-quick scheme. So, since we have correct understanding of Bitcoin, we should not allow them to persist in their negative beliefs. We must fix their misconceptions about Bitcoin so that they refrain from spreading false information about it. If you want Bitcoin to be used in every country around the world, you must be accountable for teaching people about Bitcoin, especially those who share bogus news about Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Unocoin_official on September 15, 2023, 12:32:53 PM
One of the most common ideas associated with Bitcoin is that it represents a decentralized, borderless, and censorship-resistant form of digital gold. This notion underscores Bitcoin's potential as a store of value, much like how gold has been used historically.  8)

Additionally, many believe that Bitcoin can serve as a hedge against inflation and a means to preserve wealth, especially in times of economic uncertainty or in regions with unstable local currencies. This "digital gold" narrative is often contrasted with traditional banking systems and fiat currencies, emphasizing Bitcoin's potential to democratize finance and give people more control over their money. :D BTC


Title: Re: Common Bitcoin ideas
Post by: rat03gopoh on September 15, 2023, 01:12:19 PM
in order to prevent them from being scammed and end up disliking the crypto space.
Ignorance determines the impression. Yeah, they feel lost while they still hold bitcoin in their hands.
To refute the paradigm that bitcoin is an "investment scheme" that can harm their finances, I think it's good to start teaching them by utilizing bitcoin right away. But, this is only limited to someone who has the will to do something that will pay them in bitcoins. I'm sure their impression will be different from before.
Most people don't really feel like they've lost if it didn't come from risking their money.


Title: Re: Common Bitcoin ideas
Post by: JunaidAzizi on September 15, 2023, 01:41:28 PM
There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were  investors in the Bitcoin space.

This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough? If no what else more can we do easily to make them actually get the idea of Bitcoin.

People think that Bitcoin is a fraud and scam but only those who have not experienced it themselves or sometimes hear from someone who told them that they invested in Bitcoin and lost all the money, etc. but they have no idea why they lost their funds and said Bitcoin as a fraud. The preseason for their loss is they entered at the wrong time and yeah their exist is also at the wrong time due to which they lost and they did not apply the right strategy or maybe they haven't any planning about investing when to enter and when to out. These types of people spread the wrong information about Bitcoin and the people become fearful when they hear about Bitcoin, and is not a good idea to introduce them to Bitcointalk first you need to tell them about Bitcoin and then blockchain and when they are fully satisfied then introduce them to the bitcoin talk and I hope they will no longer refuse the bitcoin.


Title: Re: Common Bitcoin ideas
Post by: bitzizzix on September 15, 2023, 01:42:52 PM
The things that the OP mentioned may be a reality that needs to be addressed, but it's not that easy because we don't know them unless they are close people like friends or part of the family, maybe we can give a real explanation.
I think Bitcoin would still be considered that way if they weren't willing to find a way to learn and understand Bitcoin before doing so. And I would say let it be, because to get involved with Bitcoin we can't get it at school or anywhere else. And it must start from awareness and intelligence on how to get it so that they can understand and have good knowledge about Bitcoin, let those who experience losses spread negative news about Bitcoin. Because in the end they will regret it after finding understanding and knowledge about Bitcoin and this also does not dampen Bitcoin enthusiasts who continue to increase from time to time.
So in my opinion, just ignore those who spread negative news about Bitcoin due to their own fault, unless they are close people. Maybe we can shed some light on their misconceptions about Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: dothebeats on September 15, 2023, 02:26:52 PM
Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
I believe we can see people like that in any country that thinks Bitcoin as a get-rich-quick scheme. So, since we have correct understanding of Bitcoin, we should not allow them to persist in their negative beliefs. We must fix their misconceptions about Bitcoin so that they refrain from spreading false information about it. If you want Bitcoin to be used in every country around the world, you must be accountable for teaching people about Bitcoin, especially those who share bogus news about Bitcoin.
I agree with you. I will surely correct any misinformation I see, especially from anyone I know, about their false view and perspective on Bitcoin. However, will I spend so much time looking around the internet to find posts and discussions that have false information about Bitcoin? No, of course not. Who would? We can honestly only do as much as seeing just how negatively a big part of media is contributing to the false image and information surrounding Bitcoin it will be hard to fix that. The only productive thing we can actually do is spread true and positive information and experiences about Bitcoin without having a specific target, just post randomly or share it during discussions that you have with your family and friends, I'm sure at least one of them will share those information you give to someone else and from that it will reach a bigger audience.


Title: Re: Common Bitcoin ideas
Post by: lixer on September 16, 2023, 03:45:01 PM
Indeed, the strongest reason that makes someone afraid to invest in bitcoin is because of the person's limited insight into bitcoin. Lack of insight certainly means someone will not understand Bitcoin itself. But we also can't force them to learn bitcoin. Because they will only start to be interested in learning about bitcoin if they are really curious about bitcoin. Usually curiosity arises after they see someone successful from bitcoin. So now we just have to focus more on ourselves in investing in bitcoin. And after we have many advantages, then we can make them curious and interested in following us. And they will definitely start learning it. Those who misunderstand bitcoin are those who receive wrong information and from the wrong media or news that vilifies bitcoin.
What the actual case is that a lot of people nowadays only think of Bitcoin and cryptocurrencies as being profit-generating sources and they hear everyone who has invested money in them say that they have earned profit in a very short period of time and this makes them curious, but what they don't do is doing their own research about them before getting involved, they just get too excited hearing about profits and they want to achieve that as well like others.

This is the biggest reason why a lot of people who are in the market still lack proper insight and knowledge about Bitcoin and other cryptocurrencies, they don't even understand how the market actually works but they are involved just because they've heard that it's a profitable financial market.


Title: Re: Common Bitcoin ideas
Post by: Bitcoin_people on September 16, 2023, 06:31:29 PM
There are some areas where many people are afraid to invest in Bitcoin and they cannot trust Bitcoin. People who still don't believe in Bitcoin and consider it a scam are the most stupid people. Because in this digital age people who do not know about virtual currency will never take bitcoin positively but they will always think negatively about it. There are many elders in the society who are still very backward, they do not understand about the virtual world and even if they are taught this, they do not want to accept it. But we have many dreams to make this bitcoin investment. When we make a bitcoin investment, we are very interested in profiting from it. And by using Bitcoin we are once associated with Bitcoin by dreaming of becoming a big man and making a success of it. But there are many people who don't understand Bitcoin and they think they will lose money if they invest in Bitcoin. And those people will never be educated in bitcoin education that's why bitcoin is not for them. Rather, all the people who can talk about Bitcoin in a positive way are the only ones who invest in Bitcoin and they can go well in the future.


Title: Re: Common Bitcoin ideas
Post by: Japinat on September 16, 2023, 06:44:13 PM
Liking bitcoin and its forum is not enough. One should establish its passion for bitcoin first and the cryptocurrency market so that he will make a lot of effort to study and understand what the forum is all about.

Forcing the people to get to know bitcointalk and learn from it will not help. It should be their sole decision to enter the forum because they have understood the essence of it in order to be successful with bitcoin.


Title: Re: Common Bitcoin ideas
Post by: famososMuertos on September 16, 2023, 07:09:34 PM
One of the things that bitcoin has enhanced is the power to say "I have an investment", it is something that is available to the most common of mortals, with a small purchase, so there is a large majority that does not understand it but it also happens with the use of fiat money, that is really where the real bubble is, but they use it, because they grew up in that environment.

Bitcoin is a network that has a very useful and valuable asset like bitcoin, which encompasses empowerment, control of your assets and the possibility of wealth as its price improves over the years, but it is not just about the economic value, people only see The brilliance of having a $1 and turning it into $2 but the right to control and decide what to do with that $1 makes it less important.


Title: Re: Common Bitcoin ideas
Post by: South Park on September 16, 2023, 07:44:49 PM
Indeed, the strongest reason that makes someone afraid to invest in bitcoin is because of the person's limited insight into bitcoin. Lack of insight certainly means someone will not understand Bitcoin itself. But we also can't force them to learn bitcoin. Because they will only start to be interested in learning about bitcoin if they are really curious about bitcoin. Usually curiosity arises after they see someone successful from bitcoin. So now we just have to focus more on ourselves in investing in bitcoin. And after we have many advantages, then we can make them curious and interested in following us. And they will definitely start learning it. Those who misunderstand bitcoin are those who receive wrong information and from the wrong media or news that vilifies bitcoin.
What the actual case is that a lot of people nowadays only think of Bitcoin and cryptocurrencies as being profit-generating sources and they hear everyone who has invested money in them say that they have earned profit in a very short period of time and this makes them curious, but what they don't do is doing their own research about them before getting involved, they just get too excited hearing about profits and they want to achieve that as well like others.

This is the biggest reason why a lot of people who are in the market still lack proper insight and knowledge about Bitcoin and other cryptocurrencies, they don't even understand how the market actually works but they are involved just because they've heard that it's a profitable financial market.
They are not interested in bitcoin or how it works, they are only interested on the money they can make by making use of this market, and ironically those are the people that have the lowest chances to achieve their goals, can you imagine a person trying to become a doctor without the vocation for it and doing it just for the money? Someone like that will have incredibly low chances of succeeding and the same is true here, as only those which are deeply interested in bitcoin will do everything they can in order to learn more about it, and then financial success will come on its own.


Title: Re: Common Bitcoin ideas
Post by: Popkon6 on September 17, 2023, 01:22:49 AM
@Op You represent bitcoin correctly but not the investment. A person who works hard for cash in his life will not understand the meaning of investment so you must present him with the right information about Bitcoin. Because of course he may think it's easy to lose money.

Next Step you will present exactly why to invest in bitcoin about the future of bitcoin. Of course he must be convinced that it is not easy to lose money if you invest properly in Bitcoin. Discuss in full detail. And also discuss short term and long term investments if interested in investing periodically. But if the right investment is done, Bitcoin will help you to get many benefits and the risk is very low.


Title: Re: Common Bitcoin ideas
Post by: Trawda on September 17, 2023, 02:38:05 AM
There are lots of ways to attract people to Bitcoin, whether through chatting and explaining Bitcoin to people you know, through some short educational videos on YouTube or directing them to this forum that knows Bitcoin well.

But this requires time and many attempts. People are afraid of Bitcoin because of the news they hear about the collapse of exchanges or the bankruptcy of companies and they think that this is because of Bitcoin, so your first task is to convince them that these exchanges and companies have nothing to do with Bitcoin.


Title: Re: Common Bitcoin ideas
Post by: Negotiation on September 17, 2023, 12:33:39 PM
There is nothing to fear when it comes to investing in bitcoin this makes them impossible to fake if you use the right wallet. Bitcoin transactions completely Anonymous bitcoin transactions do not require personal details or any sensitive information from the sender or receiver. This helps prevent identity theft one of the most important reasons why people prefer to trade in cryptocurrencies and not in conventional trading options if you trade in cryptocurrencies these days you might be well aware that you can trade around the world in seconds without any hassle.