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rajasumi3
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March 03, 2017, 04:59:08 AM
 #161

Money laundering s not so much popular through bitcoins
There are many documentaries , articles and magazines are there that would help you to make understand them bitcoin is a currency other than fiat.introduction to me ehoch is totally is always hard to explain but it is not that it is not explainable .
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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March 03, 2017, 07:14:28 AM
 #162

Yesterday was a research forum of thesis school project and I actually did introduce in our system about using bitcoin as a payment processor aside from paypal,visa, bank transfer or whatsoever. I actually do assume it that no one actually cares so expected things did really happened.

 However there is this one jurry stated that bitcoin is really prawn to money laundering and he ask if how would a certain business owner risk it and that made me realize that he is somehow right and that leads to other quedtion about the exchanger sites which follows KYc policies to prevent or atleast minimize the risk of money laundering however it violates also the main feature of bitcoin which is the anonymous transactions
from the beginning one of the bitcoin feature is anonymous transactions right! But now governments and nations will not what the transactions to be anonymous because if the allowed that evil people will use it to perpetrate they evil desire. Corrupt politicians will use it for money laundering. I wish bitcoin should only be use as digital assets like gold instead of using it as a currencies.
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March 03, 2017, 08:50:39 AM
 #163

Today was our final oral defense and luckily i was able to explained properly the process and panel did agree with my hypothesis. Lower years were also asking if what does bitcoin payment can actually do. I explained everything to them and some also said that is good and easy. We might be able to use it as well in our thesis project
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March 03, 2017, 10:00:45 AM
 #164

It also depends on how will you look bitcoin. Well, bitcoin is best way for money laundering and that's why someone afraids but at the same time someone is happy for that fact. On another side bitcoin is great investment because of it's often changeable price. So introducing of bitcoin also depends on person's interests. If anyone don't wants to look reality, you can't do anything.

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March 03, 2017, 10:13:20 AM
 #165

yea because its not a common technology that everyone could ever imagine without actually using it. even this applies for me too because I was not able to figure out the matter that how and why questions related to bitcoin.
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March 03, 2017, 10:18:16 AM
 #166

It also depends on how will you look bitcoin. Well, bitcoin is best way for money laundering and that's why someone afraids but at the same time someone is happy for that fact. On another side bitcoin is great investment because of it's often changeable price. So introducing of bitcoin also depends on person's interests. If anyone don't wants to look reality, you can't do anything.

When describing bitcoin, we must first consider background of people who listen to us, there are two types of most common: workers and investors. Money laundering and level of price movements that don't significantly affect the workers, because they are looking for Bitcoin without capital. While investors always consider risks.

People who are accustomed to doing both would not worry about anything, because every opportunity is always put to good use without considering all possibilities.

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March 03, 2017, 10:32:55 AM
 #167

Today was our final oral defense and luckily i was able to explained properly the process and panel did agree with my hypothesis. Lower years were also asking if what does bitcoin payment can actually do. I explained everything to them and some also said that is good and easy. We might be able to use it as well in our thesis project
How did you manage to get them to agree with your hypothesis? You might have given some arguments that other people can use as well.

In any case, keep us updated if you end up using this in your thesis project!

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March 03, 2017, 10:33:33 AM
 #168

It also depends on how will you look bitcoin. Well, bitcoin is best way for money laundering and that's why someone afraids but at the same time someone is happy for that fact. On another side bitcoin is great investment because of it's often changeable price. So introducing of bitcoin also depends on person's interests. If anyone don't wants to look reality, you can't do anything.

When describing bitcoin, we must first consider background of people who listen to us, there are two types of most common: workers and investors. Money laundering and level of price movements that don't significantly affect the workers, because they are looking for Bitcoin without capital. While investors always consider risks.

People who are accustomed to doing both would not worry about anything, because every opportunity is always put to good use without considering all possibilities.
When I was on my highschool, I try to invite my several friends and introduce to them the bitcoin some says that a bullshit a fake a scam e scheme and I accept the fact that they are not open for that they are closed minded so I work for myself and they are surprise that I have an new and expensive stuff so I continue working. And in my college I try to invite again my new friends and they are interested to earn money it started with just a one and then now lot's of my friends want to learn bitcoin. I am happy because of that it is hard to introduced bitcoin to others if they are not open and if they really want to pursue it it is easy because they are eager to learn something.
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March 03, 2017, 10:39:43 AM
 #169



I can feel my roomates laughing deep inside everytime I talk about bitcoin. Well FUCK them bitcoin is becoming 2000 this 2017.  Grin Cheesy

I feel you bro. My friends are always laughing at me whenever I say to them that they could earn money by doing bitcoin, and they are always be like It is just a scam bro, don't fool yourself and my reply as always Okay. . I am sharing this idea to them because I also want them to earn money and have their own source of income, for them to be able to help their parents on the expenses on school, but they are not that easy to persuade because they are close-minded on stuff like this, and I am feel so sorry for them, because they might regret it in the near future.
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March 03, 2017, 11:41:45 AM
 #170

yea because its not a common technology that everyone could ever imagine without actually using it. even this applies for me too because I was not able to figure out the matter that how and why questions related to bitcoin.

If we are going to discuss the technicality behind the bitcoins technology then it is a very hard thing to do to common people who doesnt have a background on programming. It is much easier to just explain bitcoin as a money online that grows in value as time goes by. That way you dont need to go to the complicated details so as not to confuse your listener. Just tell them simple things and other details will come later.
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March 03, 2017, 12:29:27 PM
 #171

Introducing bitcoin to other people is not hard because you can find all the things you need on the internet and you can simply go to different sites like youtube to watch a simple introduction and also here in bitcoin forum where they can create account and study bitcoin even better.
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March 03, 2017, 12:32:09 PM
 #172

Yesterday was a research forum of thesis school project and I actually did introduce in our system about using bitcoin as a payment processor aside from paypal,visa, bank transfer or whatsoever. I actually do assume it that no one actually cares so expected things did really happened.

 However there is this one jurry stated that bitcoin is really prawn to money laundering and he ask if how would a certain business owner risk it and that made me realize that he is somehow right and that leads to other quedtion about the exchanger sites which follows KYc policies to prevent or atleast minimize the risk of money laundering however it violates also the main feature of bitcoin which is the anonymous transactions


Telling other people about bitcoin is definitely not easy, we need to give them the whole information of it, we need to expain it furthermore , they didnt understand it because they cannot see it personnally,people only believe if they may be able to see it personally, they need to be thought very much before they put there interest and trust on it

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March 03, 2017, 12:37:28 PM
 #173

Yesterday was a research forum of thesis school project and I actually did introduce in our system about using bitcoin as a payment processor aside from paypal,visa, bank transfer or whatsoever. I actually do assume it that no one actually cares so expected things did really happened.

 However there is this one jurry stated that bitcoin is really prawn to money laundering and he ask if how would a certain business owner risk it and that made me realize that he is somehow right and that leads to other quedtion about the exchanger sites which follows KYc policies to prevent or atleast minimize the risk of money laundering however it violates also the main feature of bitcoin which is the anonymous transactions


Telling other people about bitcoin is definitely not easy, we need to give them the whole information of it, we need to expain it furthermore , they didnt understand it because they cannot see it personnally,people only believe if they may be able to see it personally, they need to be thought very much before they put there interest and trust on it
Not any more since there is such forums and groups regrading bitcoin, hence other concerns and qestions can be answered by people who knows bitcoin. I just heard Bitcoin since october last year, now I know how it works and how it helps people in making effective businesses online. Also since Bitcoin is being introduced wether in social media or news, it would catch an attention to people who haven't know it and they may get informations about it.
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March 03, 2017, 12:37:55 PM
 #174

Introducing bitcoin to other people is not hard because you can find all the things you need on the internet and you can simply go to different sites like youtube to watch a simple introduction and also here in bitcoin forum where they can create account and study bitcoin even better.

I think not as easy as it dude. I do things like that when my friend asked about bitcoin, but the results are not satisfactory. He even asked me how bitcoin can make a profit, but unfortunately at that time I still do not fully understand and what the benefits bitcoin. People want more proof of the advantages of using bitcoin. And I think people do not want to lose money, they would like it if someone tried it first and make a profit. Then it is better if you use the internet and from the evidence that you have achieved profits from bitcoin.  Thank you
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March 03, 2017, 12:53:45 PM
 #175

Introducing bitcoin to other people is not hard because you can find all the things you need on the internet and you can simply go to different sites like youtube to watch a simple introduction and also here in bitcoin forum where they can create account and study bitcoin even better.

I think not as easy as it dude. I do things like that when my friend asked about bitcoin, but the results are not satisfactory. He even asked me how bitcoin can make a profit, but unfortunately at that time I still do not fully understand and what the benefits bitcoin. People want more proof of the advantages of using bitcoin. And I think people do not want to lose money, they would like it if someone tried it first and make a profit. Then it is better if you use the internet and from the evidence that you have achieved profits from bitcoin.  Thank you

I believe it is now easy to introduce Bitcoin to others unlike before , what is the essence of bitcointalk? Just ask them to join this forum and read through the various sections and with time and dedication they will be able to comprehend all the details. No need to give them any long lecture.
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March 03, 2017, 01:12:34 PM
 #176

Introducing bitcoin to other people is not hard because you can find all the things you need on the internet and you can simply go to different sites like youtube to watch a simple introduction and also here in bitcoin forum where they can create account and study bitcoin even better.
As stated difficulty of introducing bitcoin to the new people has got easier with the availability of different websites that give lot of information about bitcoin. As a part YouTube videos were also making it easier to understand. Our forum is serving good to give required information to the new ones.

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March 04, 2017, 01:52:20 AM
 #177

Today was our final oral defense and luckily i was able to explained properly the process and panel did agree with my hypothesis. Lower years were also asking if what does bitcoin payment can actually do. I explained everything to them and some also said that is good and easy. We might be able to use it as well in our thesis project
How did you manage to get them to agree with your hypothesis? You might have given some arguments that other people can use as well.

In any case, keep us updated if you end up using this in your thesis project!

Actually that was the final defense. Panel didnt argue so much with it. I just show them how efficient it is to use during the demonstration. I did remove paypal as one my my payment processor and i have told them that this is much better apprently they all agreed
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March 04, 2017, 02:21:36 AM
 #178

Today was our final oral defense and luckily i was able to explained properly the process and panel did agree with my hypothesis. Lower years were also asking if what does bitcoin payment can actually do. I explained everything to them and some also said that is good and easy. We might be able to use it as well in our thesis project

Good for you. It is not that hard to defend bitcoin since its involvement in your project is just a payment option. Those who know and use bitcoin can opt to pay thru bitcoin. Those who does mot can choose from other payment schemes.

Also, you spark interest to other students. That is good for bitcoin ecosystem.
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March 04, 2017, 03:05:38 AM
 #179

Explaining bitcoin to someone is so hard, but try to tell them bitcoin is like a torrent where there is no server, all people host the torrent file.

Same with Bitcoin, our server our own devices if we install Bitcoin core as wallet and downloaded the blockchain we already hosting the whole world.
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March 04, 2017, 03:33:33 AM
 #180

Introducing bitcoin is not that easy, because very few were aware of virtual currencies. At least if someone has heard of such a innovation then we can just guide them to different sources for easy understanding. In my view few films show bitcoin usage and people can be asked to watch it. This might make a small understanding which can be considered as the base.

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