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Author Topic: how to explain bitcoin advantage ??  (Read 4938 times)
Sundark
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February 04, 2017, 05:07:22 AM
 #101

To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?

He's just illustrating a point that bitcoin has a bad reputation due to past problems and its involvement in the dark web and some large financial scams. I would say that it would be hard to convince everyone about bitcoin due to these facts but there is a chance if we can provide needed services that are legitimate and operates purely out of bitcoins.
Bitcoin has bad reputation according to who? News networks which will smear everybody's name just to gain views?
Mass media and journalists from the mainstream with zero idea what bitcoin is and repeating platitudes?
There is no real arguments against bitcoin worsen that against old good fiat money.
In fact bitcoin might be much better. They are just  too shortsighted and brainwashed by current economic system aka slavery.
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February 04, 2017, 11:53:43 AM
 #102

To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?

He's just illustrating a point that bitcoin has a bad reputation due to past problems and its involvement in the dark web and some large financial scams. I would say that it would be hard to convince everyone about bitcoin due to these facts but there is a chance if we can provide needed services that are legitimate and operates purely out of bitcoins.
Bitcoin has bad reputation according to who? News networks which will smear everybody's name just to gain views?
Mass media and journalists from the mainstream with zero idea what bitcoin is and repeating platitudes?
There is no real arguments against bitcoin worsen that against old good fiat money.
In fact bitcoin might be much better. They are just  too shortsighted and brainwashed by current economic system aka slavery.

Do you deny the age where bitcoin was popularized by the darknet? Do you deny how much popularity it has gained when Mt. Gox collapsed? Indeed the media has created a bad image, but it was not brought about by just baseless news. There were real and true news that was negative and against the interest of bitcoin. But what can we do, it is the past and what we can do is improve its future.

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February 04, 2017, 12:01:02 PM
 #103

It's true that bitcoin have bad reputation in media, mostly because of bad news connected with crimminals.
They are using bitcoin to buy drugs in dark web.
We had a few such stories in my country recently.
So, how to explain advantages of bitcoin?
I will explain it in very simple way.
No government control, decentralized, fast and secured.

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February 04, 2017, 12:12:52 PM
 #104

Bitcoin had attracted millions of investor because of its huge market capitalization and its advantages over fiat currencies. like bitcoin is transparent and  anybody who knows the btc address could check on blockchain whether the payment had been done or not so no one could cheat like say that I had paid for the transaction, everything is stored on public ledger blockchain.
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February 04, 2017, 01:53:22 PM
 #105

It's true that bitcoin have bad reputation in media, mostly because of bad news connected with crimminals.
They are using bitcoin to buy drugs in dark web.
We had a few such stories in my country recently.
So, how to explain advantages of bitcoin?
I will explain it in very simple way.
No government control, decentralized, fast and secured.


I think for someone to get persuaded to letting his brother borrow some money for his bitcoin website, it would take more than saying: "No government control, decentralized, fast and secured." That's literally 7 words and I have never persuaded to do anything by just using 7 words specially if I am not familiar with the investment. You need to explain it to him in a deeper sense so he would know that his investment would probably grow but there's no assurance to that at all.

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February 04, 2017, 02:46:37 PM
 #106

No third party can intercept transaction of bitcoin.And transactions are very easy and smooth.Also bitcoin has tax free features which can save a lot of your money.Bitcoin is untraceable that's mean unless user publish his address none can track his/her transaction.And without physical access to user's computer no one can steal bitcoin.
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February 05, 2017, 12:36:27 PM
 #107

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I cannot say that bitcoin faucets can be one of the advantage of bitcoin. For me its just an amusement and like what other said here it will gonna waste your time. The real advantage of bitcoin was is when you are sending money you don't need to go outside, to communte going to remittance outlet, all  you need is mobile android phone with net connection or laptop its enough and you can do money transfer.

.
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February 05, 2017, 01:01:23 PM
 #108

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I cannot say that bitcoin faucets can be one of the advantage of bitcoin. For me its just an amusement and like what other said here it will gonna waste your time. The real advantage of bitcoin was is when you are sending money you don't need to go outside, to communte going to remittance outlet, all  you need is mobile android phone with net connection or laptop its enough and you can do money transfer.

you are right in terms of sending money through internet and received it instantly then that is one of the bitcoin advantage because we all know that it is fast way to send online. Well we could also use it by buying some stuffs if the merchant accepts bitcoin as payment.


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February 05, 2017, 01:19:32 PM
 #109

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I cannot say that bitcoin faucets can be one of the advantage of bitcoin. For me its just an amusement and like what other said here it will gonna waste your time. The real advantage of bitcoin was is when you are sending money you don't need to go outside, to communte going to remittance outlet, all  you need is mobile android phone with net connection or laptop its enough and you can do money transfer.

its just waste of time now indeed since the actual rewards is no longer that much considering the time and effort that you consume unless you have many ref that also claiming you will have some good chances of earnings and you can use that to encourage newbies to get involved to bitcoin for sure from that they will be interested and study much deeper,.

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20kevin20
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February 05, 2017, 02:07:25 PM
 #110

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I cannot say that bitcoin faucets can be one of the advantage of bitcoin. For me its just an amusement and like what other said here it will gonna waste your time. The real advantage of bitcoin was is when you are sending money you don't need to go outside, to communte going to remittance outlet, all  you need is mobile android phone with net connection or laptop its enough and you can do money transfer.

its just waste of time now indeed since the actual rewards is no longer that much considering the time and effort that you consume unless you have many ref that also claiming you will have some good chances of earnings and you can use that to encourage newbies to get involved to bitcoin for sure from that they will be interested and study much deeper,.

With refs it might be worth it, you wouldn't need to do anything but the refs won't last long either until they will also find out it is a waste of time. I used to get a buck in days, maybe even weeks with hours of work that aren't worth the effort.
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February 05, 2017, 03:13:35 PM
 #111

Bitcoin advantage is mostly in its monetary philosophy. Thats the stuff everyone can buy. Some could buy micropayments, others low transaction costs so could earn some money by holding the btc. Thats basicly it in a nutshell.
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February 05, 2017, 03:16:25 PM
 #112

To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?

He's just illustrating a point that bitcoin has a bad reputation due to past problems and its involvement in the dark web and some large financial scams. I would say that it would be hard to convince everyone about bitcoin due to these facts but there is a chance if we can provide needed services that are legitimate and operates purely out of bitcoins.
It was the past and the initial stage of bitcoin now much advancement is going to happen like verification on exchanges etc so in the coming time people will not be able to do any illegal activity with their wallet because his addresses will be connected with each other and with that a person will know or at least the exchange will know that who that person is.

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February 05, 2017, 03:40:59 PM
 #113

Bitcoin is a decentralized currency so you don't need to give personal information while transaction money.And unless you publish your address none can trace you.Bitcoin price is also a advantage point of it as you can make money by holding it.Bitcoin allows user to earn by trading, gambling,investing etc.
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February 05, 2017, 03:43:45 PM
 #114

Bitcoin advantage is mostly in its monetary philosophy. Thats the stuff everyone can buy. Some could buy micropayments, others low transaction costs so could earn some money by holding the btc. Thats basicly it in a nutshell.
the most important thing you have to say that bitcoin has many uses such as currency, payment methods, investment, jobs, and so forth. You can get a lot of advantages when it became bitcoin users



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numismatist
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February 05, 2017, 03:49:13 PM
 #115

Bitcoin advantage is mostly in its monetary philosophy. Thats the stuff everyone can buy. Some could buy micropayments, others low transaction costs so could earn some money by holding the btc. Thats basicly it in a nutshell.
the most important thing you have to say that bitcoin has many uses such as currency, payment methods, investment, jobs, and so forth. You can get a lot of advantages when it became bitcoin users

At the current state of development micropayments pretty much have run stuck. End of 2017 when Segwit may or may not get activated we can see clearer.

Philosophy on its own does not create value.

At the moment the only advantage is border crossing, which in a world shutting those country borders down should count as a solid argument for BTCs!

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February 05, 2017, 03:53:14 PM
 #116

Say that Bitcoin is anonymous, non reversible, is not taxed, banks have no control over it and your Bitcoin wallet is your own bank albeit, be your own bank!

boybugs18
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February 05, 2017, 04:20:26 PM
 #117

you just tell them that if they want a anonymous transaction without real information in real life then Bitcoin is the answer and tell them they are going to be cool because they are using bitcoin a digital thing in the internet and not many knows it. Tell them that if they love to gamble then bitcoin is the answer because they do not need to use credit card to bet.

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February 05, 2017, 04:25:42 PM
 #118

Say that Bitcoin is anonymous, non reversible, is not taxed, banks have no control over it and your Bitcoin wallet is your own bank albeit, be your own bank!
What? you should better learn Bitcoin again because your knowledge about bitcoin is just like a fool. Please do not make me laugh and do not make yourself more ridiculous. Bitcoin can be reversed if you know its advance technique. The more you uses it, the more you understand about it. And Bitcoin can be controlled if an individual or a group of people has more than 51% of the mining hash rate

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HACKEN

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LeGaulois
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February 05, 2017, 04:41:16 PM
 #119

It's true that bitcoin have bad reputation in media, mostly because of bad news connected with crimminals.
They are using bitcoin to buy drugs in dark web.
We had a few such stories in my country recently.
So, how to explain advantages of bitcoin?
I will explain it in very simple way.
No government control, decentralized, fast and secured.

True that. In 75% of time i wanted to talk with people about Bitcoin and asked them: "do you know Bitcoin?" They reply: "Oh yes it's the currency of the dark web" or "Yeah, it's used by thieves !". And then talking about how banks, insurance,ect are investing to study about it, they think i am exaggerating. But taking another side and explaining what can be done with the blockchain firstly and how it works, then people start to think a little differently

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February 05, 2017, 05:31:52 PM
 #120

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

even if you already told your brother all the advantages that bitcoin has and how does it work it will still depend on his interest and you may be the one who really needs to know all about it because if you really have enough knowledge with bitcoin you would know how does the faucet works and how possible that it can generate a revenue for you . anyway you need analyze anything first, you should know how to get or attract people to use your faucet before planning to start a faucet site .

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