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Author Topic: Is it a waste of time mentioning Bitcoin to friends and family?  (Read 14417 times)
tokeweed
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November 11, 2015, 03:54:04 AM
 #41

I only got one person to get semi interested in it.  He only likes the trading part of it.

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November 11, 2015, 06:21:40 AM
 #42

Me too I just told my friend about btc but he ignore me at we continue playing counter strikes. But I know next time he knew about btc he will regret ignoring me. LOL its not my lost.

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November 11, 2015, 06:22:54 AM
 #43

I have introduced the bitcoin faucets to many people just like PTC sites. They love the free bitcoins. I believe they are collecting all the bitcoin's and hopefully they have not spent anything from that collection.
I strongly believe they will enter into full bitcoin ecosystem slowly once they understand the advantages of bitcoin.

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November 11, 2015, 06:26:17 AM
 #44

I don't think it would be a waste at all. Though personally, I think it would take more than simply talking about it to them to get them to really be interested in it. If they hear enough people talk about it, maybe they would get interested in it though.
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November 11, 2015, 06:27:43 AM
 #45

My uncle caught onto this very quickly, because he is a Doom's day prepper. He has fears over the pending global financial collapse and he is preparing for that. He was looking into alternative payment methods and inflation proof currencies and I introduced him to Bitcoin.

I gifted him 0.5 BTC in the beginning and he has since given 1 BTC back with interest. He has this theory that fiat currencies will collapse and alternative currencies and old bartering systems will return. He is stocking up on food and cigarettes and also some bitcoin. ^hmf^

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November 11, 2015, 07:12:29 AM
 #46

I have introduced the bitcoin faucets to many people just like PTC sites. They love the free bitcoins. I believe they are collecting all the bitcoin's and hopefully they have not spent anything from that collection.
I strongly believe they will enter into full bitcoin ecosystem slowly once they understand the advantages of bitcoin.

Yes the faucets are the point that everybody is getting accepted and getting attracted to. Faucets are doing very good work for attracting new users into bitcoin ecosystem. I will try your idea of getting the people via faucets.

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Thekool1s
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November 11, 2015, 07:17:28 AM
 #47

I have considered telling my family and some of my friends about Bitcoin but whenever I've tried, they fail to understand why it does have value and why it is extremely important specially in the current socioeconomic context.. they don't get it and see it as something really strange. Needless to say I wouldn't tell them to put any money on it. In a way it feels like im keeping something amazing to myself, but at the same time, I don't want to put people into the pressure of holding through rallies long term because most people aren't cut for that.

How to introduce Bitcoin to absolutely clueless people and is there even a point? Should we just let time pass and wait for them to naturally learn about it once it goes more mainstream?

 I once tried to explain how banking works to one of my friend that its just paper. And he laughed at me, I told him how money is created but he said we will see. Bitcoin was a whole new level for him. A virtual currency Cheesy, First question was can it get hacked ? I explained him about blockchain and stuff but not much interest was shown. People dont like to challenge the norm thats the problem here. No matter how you present it. This is a major problem.

   
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November 11, 2015, 08:01:28 AM
 #48

I mention bitcoin to friends & family many times, but most of them think bitcoin just another payment processor just like paypal.
There are few who understand bitcoin is currency & decentralized, but none of them really interested in bitcoin especially because bitcoin price is still volatile.
Also, when bitcoin price increase, they always tell me to sell my bitcoin. They think bitcoin won't survive.

It's really difficult to make people know about bitcoin & use bitcoin, but i think it's not waste of time. Eventually, people will understand bitcoin & might use it.

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November 11, 2015, 08:59:51 AM
 #49

I stopped bringing it up a long time ago. Now I only talk about it with people if they are genuinely interested and I explain some of the benefits (different things for different people) but always state clearly that it a risky investment and experimental in nature.

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November 11, 2015, 10:16:40 AM
 #50

I stopped bringing it up a long time ago. Now I only talk about it with people if they are genuinely interested and I explain some of the benefits (different things for different people) but always state clearly that it a risky investment and experimental in nature.

Exactly, they hesitate in experimenting with their money in something that they really don't know, I recommended few of my friends but they were simply not interested and they said its better to invest in something reliable rather than investing in bitcoins, the only thing came to my mind was this guys are gonna regret in the future when they would come to know that I am a super rich guy  Grin
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November 11, 2015, 10:20:02 AM
 #51

To be honest i feel that yes, it's a waste of time. Whenever i mention it, whether in my family or when hanging out with my mates they moan because they think they know what it is and they think it's useless and a waste of time.

But I keep doing that because i feel like one day bitcoins will be the dominant currency and promoting it is a worthwhile cause.
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November 11, 2015, 10:42:06 AM
 #52

To be honest i feel that yes, it's a waste of time. Whenever i mention it, whether in my family or when hanging out with my mates they moan because they think they know what it is and they think it's useless and a waste of time.

But I keep doing that because i feel like one day bitcoins will be the dominant currency and promoting it is a worthwhile cause.

If you explain Bitcoin well enough to them, then they will definitely see the benefit of Bitcoin. People who think it's useless simply don't know Bitcoin, even though they say they do. Bitcoin is superior at this moment, people would save themself a lot time and money if they started using Bitcoin instead of old fashion banks and payment processors.

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November 11, 2015, 10:47:06 AM
 #53

Bitcoins have gained success and popularity over the years. The world is progressing now. People are becoming now more and more tech-savvy. People are now considering doing anything wireless without physical movement. The same is what people want with currency now. They want it to be easy and tech-related. Bitcoins are the best choice for this generation and there's nothing waste of time in recommending it to family and friends. This will increase no. Of bitcoin users, aware people about it's benefits and make the world an easy place to live and a currency which can be used anywhere around the world.
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November 11, 2015, 02:19:48 PM
 #54

Internet Explorer is probably the lamest, or one of the lamest web browsers out there but still, the most commonly used worldwide.
But what do I mean here? Regular everyday normal mot**** people don't like trying something new as long as what they already know works fine enough.
Now think about all the worries that bitcoin brings about in terms of security in the minds of these people who'd like to keep it simple? Well you've got your answer: people won't learn how to secure a computer just for the sake of something they don't feel like needing.
Now that might be because I'm from a remote countryside with a rather conservative background, but still, I truly believe that people think of bitcoin as being too much of a hassle, while their own everyday currency/banking system works fine enough in their minds (and I'm talking about the Euro here  Smiley).
A lot of changes in mentalities will be needed before bitcoin can start to have a ghost of a chance of success with these people.
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November 11, 2015, 04:42:16 PM
 #55

Family and business does not go together... I have learned that the hard way. Do not give them financial advice, even if you do that for a living. At this stage Bitcoin is just a

experiment. You cannot spoil family ties over bad investments being done by family, based on your suggestions. I once told a family member about the returns I were getting on a

Ponzi scheme...  I told him about all the risks and he still invested. {Saying at the time... It's all for fun} The ponzi collapsed and he lost all his money... I reimbursed him from my

profits and he is still giving me the lip, every time I talk about financial matters. Never again  Sad

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November 11, 2015, 05:10:37 PM
 #56

Last week a friend of mine finally bought his first bitcoin. I told him a long time about it and we also made a presentation together about Bitcoin in a lecture. I guess he knows what he is doing as he really had enough time to think about it and I gave him so much informations.Furthermore he is dealing with penny stocks from time to time so he will enjoy the rollercoaster here. Grin

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November 11, 2015, 09:02:52 PM
 #57

I had showed a friend about bitcoin  explained that what it is and i didnt told about fees i said its possible to make a week income easy.
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November 11, 2015, 09:05:44 PM
 #58

Not a waste of time, but make sure they understand the risks. If they can afford to, advise buying more when the price goes down.  Smiley

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November 11, 2015, 09:08:15 PM
 #59

To the average person, Bitcoin is not something of interest. So yes, it's practically a waste of time. If you are talking about finances and the general economy, it's probably worth mentioning and discussing. Going up to a family member and randomly talking about bitcoin seems random and a bit awkward honestly. There usually has to be some sort of context of money before a foreign concept like BTC can be discussed.
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November 11, 2015, 09:21:10 PM
 #60

Me too I just told my friend about btc but he ignore me at we continue playing counter strikes. But I know next time he knew about btc he will regret ignoring me. LOL its not my lost.
I view it like that aswell, if your ignorant enough to not care about this, then it's really not my loss, it's theirs.
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