Bitcoin Forum

As a true believer of bitcoin, I think we are witnessing the birth of a new monetary system. As a conscientious individual, it's my moral duty to let those around me know about one of the best investment opportunity of the century.

5 BTC - A longtime friend
Video game buddy. PC enthusiast. Works in IT. He was messing around with mining Doge, and I convinced him to put a portion of his savings into BTC. This was back in April, a few days after the $350 bottom. His average buy-in was $530, smack dab in the bull-trap. It was only now that he turned a profit.

5 BTC - My aunt
Investor. She was curious about bitcoin back in 2013. All that was needed was a nudge from me in the direction of Coinbase. Buy-in was $460 each. She now thinks I'm a life-changing prophet.

2x 2 BTC - Two of my cousins
College students. Both sons of my investor aunt. They scraped their savings account for this. $500 average buy-in. "Holy crap" just about sums up their reaction as well as mine to the last couple of days.

In my various exchanges with individuals, I've heard the same kinds of excuses over, and over, and over...

"It's too volatile."
"How is it a currency if you can't buy a pack of gum with it?"
"When something increases exponentially like that, it's a bubble."
"It's backed by nothing."

Of the scores of individual in my life that I've tried to convince, only four have actually followed through with it... which puts my estimated conversion success at less than 5%. I consider this a strong sign that we are still the early adopters.

I personally want to own 21 BTC. My average buy-in is $490 and I'm currently a little over halfway there and buying $20 worth every day... though I may never reach that goal as the rocket is taking off now...

Who have you successfully convinced to invest in bitcoins?

I was about to get a restaurant here in Sandwich until one of the patrons opted to try it out first via putting $10K of his newly inherit money in Bitcoin via Bitcoinica thanks to my blessing. Since then, those in town that know me think I'm the dude behind Bitcoin. Seriously! I built Bitcoin with my HTML and CSS skill sets, alone with some Google-fu, the same way that CoinMKT was built by Travis Skweres.

I turned a couple guys onto InstaWallet as I championed them up to the "hack", not sure what they lost, if any. I'm ONLY out 1,132 BTC thanks to davout ceasing all lines of communications with me now that he has my BTC in one of his fat bitcoin wallets. At least those who have moneys in his Bitcoin-Central are safe since it's backed by a bank, namely Lemon Way, whose claim-to-fame is having ONE app under their belt. Look it up, if you happened to read past the OP of this thread.

Now, if you'll excuse me, I have a hard-on I need to attend to.

I told my family about it back when it was $17/BTC. They thought it was interesting and my brother sent me a link to an article about how the government could make Bitcoin illegal. I did my due diligence.

When in Afghanistan I told a few co-workers who had a lot of money to throw into some investments. One bought one from me for $99, the others I showed how to set up CoinBase as it rose over $200 (one co-worker bought at $200, saw it drop to $175 then climb back to $205 and hastily pulled out...before it rose to $1240).

I don't usually tell people to buy, I have more buying to do. But if they're interested about Bitcoin as a currency I explain it to them.

So far I haven't really convinced anybody to turn to Bitcoin. A lot of my friends see it as a volatile investment, see it only for its $$$ worth. That's probably because of how I update them, which in turn causes them to ask about "how it is doing" with respect to its market value.

I try to educate my friends on Bitcoin but I think until they see it in action they can't really grasp the core benefits.


Yeah it's not always a good idea to tell people to buy, as it could turn sour and backfire, though it could prosper and get earn you thanks. I suppose that educating friends on the practices on buying and the risks in trading (if they are interested) would be somewhat sufficient to allow them to make a decision on whether to buy in.

I told about btc to 12 of my friends when btc was around 1100dollars, none of them bought it at that time, but they all invested in it when it came down to 450dollars ;D

Haha good job that they didn't buy in eh?! Is that $450 on the way down, or $450 recently on the way back up? Shrewd move in either case.

None so far, I guess I should never become a salesman.

Those I speak to think I'm an anarchist, libertarian, or high stakes internet gambler. :(

I've convinced quite a few of my friends. None of my family yet though.

My mother once said that I should have put some of her money into Bitcoin for investment purposes. I'm super cautious so I probably wouldn't have made her much money, but I doubt that I would have lost any of the investment.

Don't think that I could ever trade on the behalf of others, unless it was purely on an instructional basis.

I cannnot imagine my mother investing in bitcoin. Not sure I'd want her too just in case she loses money, but I can gloat whenI make some then lol.

Yeah, it would cause unnecessary stress if the market took a turn for the worse. I can barely deal with the stress of my own investment affairs, let alone that of a family member.

You should never try and convince ANYONE of doing ANYTHING that has to do with money.
If shit hit's the fan it would be your fault.

Instead, you should educate them and allow them to make their own decision.
Do not forget to mention about the dangers also.

That is my opinion.

 

There doesn't have to be a difference between the two.

i guess one or two friends. they didnt buy much but they love the idea.

but dont be stupid: its still high risk investement. i would never say to anyone: buy bitcoins! of course it could go to xxxx(xxxx) USD, but also 1 USD. only invest what you can afford to lose is a perfect advice.

I convinced one guy that I knew, he was a programmer so he got really interested when It was about $20 or so, I don't really know how many BTC he bought but what I at least saw that he bought over 100 but maybe more, so I think he is lucky :)

Convinced quite a few people to get involved.

I've told most people who were close to me. I didn't convince them to buy anything. I bought for them and told them to pay me back the initial cost when they sell. I'm nice like that.

Well that's where you try convince them.

It's a risk but if you believe in bitcoin you should promote it. Just explain the risks.

Wealth and Smugness can be gained, though I suppose the opposite is also true lol.

Hi,
I jus saw that BTC is payment method in one Bulgarian site and i then clicked on the link learn more. Since then i am addicted to cryptocurrencies. I was working in an IT company for an year and we were about 300 people with laptops there. It was fun to mine some alt coins with part of my collegues. I had hope in some coins from the last year and they were saying that they will go to the moon like qrk, xpm, ltc, but nothing like this happened.

I'd love to tell more people about bitcoin but I have a really hard time explaining it to people. I confuse myself most of the time.

17 people and counting, everyone I truly care about now has at least 1BTC.

You dished out at least 17 BTC amongst those you care about? Are they the only ones that have access to the wallets?

Nice shout though. Was the intention to give as an investment?

Dude, I care about you.  Show some love!   ;D

Unrequited care warrants no BTC love :P

Everyone needs BTC love.   ::)

I got into it when I read about MT Gox. My wife and I discuss it a lot but we prefer to keep it kind of quiet. 

i have only converted one person, but he bought a miner and is getting his coins. he bought the miner when btc was worth $800 though, so it looks like he's down so far.

Been talking about Bitcoin since a bought my first for 13usd 2011. Some are a skeptical, some don't even begin to understand it, but some are actually quite intrigued. The total number of people I convinced to actually buy some coins: 0. I do sometimes enjoy saying "you should have listened to me back when it was at 13usd" though

Excuse me sir, do you have time to talk about our Lord Savior, Satoshi Nakamoto?

More quotes I recalled during my mission to spread the BitGospel:

"Get out while you still can."
"At least with gold you can hold it in your hands."
"Didn't bitcoin get hacked by MtGox?"
"At least with Apple and Google, I'm able to control my investment."
"I don't trust it because there's no central authority. Anybody can hack it."

For all the troubles and ignorance I've had to face, converting even one individual makes the entire effort worth it. I converted four so far.

I heard that Bitcoin went bust/Bitcoin's CEO ran away with everybody's money. So much wrong with that statement.

I've tried to convince my family getting into bitcoin about a year back. Didn't work out though.

I convinced about 4 people. You could turn this thread into a poll

i didn't try convincing anyone in my family, but instead i just brought it up and they all didn't seem very receptive about it. my uncle is still bearish on it, even though it was $15 when i told him about it.. and now it's over $500.

Irony...of ironies.

My family is humoring me, I think, because they think they're the smart ones in the room. Besides, faux news has demonized bitcoin - um, bitcom - so they're indifferent.

My ex, as it turned out, took an interest...so I sent him btc (where he, of course, promptly forgot his password  ::) )and while he does now own btc, it remains to be seen whether or not he will figure out his password and be able to access it. I sent it to him at the best possible time though because it'd been 489ish or around there. Now it's $100 higher and he's psyched.


Plus it's torturing him knowing he can't access it so that's always a bonus for me  ;D

I have introduced bitcoin to most people I know and given coins to a couple friends.  I am thinking about trying out the new app on Facebook and send 5 bucks to like 20 friends who may be interested. 
One of the best things anyone can do is attend a local bitcoin meetup or just start one yourself and post it here on the forum.
Keep spreading the word.  People learn in layers, they might not understand it the first time around, but if they hear about is 3 or 4 times they're more likely to grasp it.
Peace

I've got all my family and friends interested, only a few have dowloaded wallets, none have bought any btc. (they all want me to give them some though :( )
just today however I convinced a local non-profit art gallery to take btc donations. I am going over tomorrow to walk them through the wallet/security things and to print them off qr code to display and hopefully get money donated.
this is thier website, http://ministryofcasualliving.ca/ (http://ministryofcasualliving.ca/)
I guess they will have to install a donate btc button on there too, any suggestions for a good, free "donate btc" app to add to the website or is a qr code and public address good enough?

I've convinced absolutely nobody to join. Everyone wants ME to personally guarantee that they will leave with x% of profit and to cover anything they don't get (ie. "I want 10x what I put in. If I give you $100 to invest, you have to return $1000 regardless as to what happens to the value of the coins).

Others keep thinking it's a get-rich scheme and if they put up $1k now they will be millionaires within a week.

I can't believe you didn't jump on that deal  ::)

I convinced some friends that Bitcoin is a good idea. One bought some at the worst possible time and then couldn't get it out of Mtgox.
I felt so bad that I bought them from him and lost a lot of money in the process.
 
Now I am a bit more wary. I will tell ppl about it if they ask. I also tell them there is a lot of fraud and that it seems that most people in Bitcoin don't actually see the larger picture at all.
They don't see how we all live better than kings would have 100 y ago and how advancement of humanity through technology has helped all of us. They don't see the possibilities of what the world could look like 100 years from now with the help of technologies like bitcoin. The way I see it humanity is one organism of which we are all part. The internet is a new nervous system that is being developed and cryptocurrency is a part and function of that organ. People believe in conspiracy theories because they can't zoom out their perspective to see that all of this is happening very organically and on a scale that is beyond any single or group of individuals.
Fraud and lies is like a cancer on all of us and the small minded who live in fear and inferiority cheat and steal.

That is why we should treasure the people who design and build like Satoshi Nakamoto.

Interstingly some of them seem to believe in it but they still haven't bought any, don't really understand why. They're definitely not too poor to risk loosing a little bit, and some do invest in gold, silver and stocks etc.

I told all my colleague when the price is $200, no one care, after it shoot pass $1000 they are not happy about it and once it drop back to $400, they said "I told you so",

Now I would just shut up and wait the price cross $5000 and then let them know again,

MUAHAHAHAHAH