Hey Indians, what your parents think of bitcoin and other altcoins?

[sumit513]

My parents were first like - whatever and now they see the prices and ask me do you need more money to buy?

[bitcoinbabu]

they told me rascal, just shut up and do ur company job .
  
i told ok and m doing my hitcoin referral work making me 1 btc per week

[Smarty14392]

My parents were first like - whatever and now they see the prices and ask me do you need more money to buy?

A bit funny
But the same case with me. They firstly restricted me from trading any kinda amount. Now they are not yet free, they dont allow me to spend a lot in bitcoin. But i manage them and make some big trades here. We can earn a lot with bitcoins, bitcoin can be a full time business. many people are still coming in the bitcoin section. I hope the transactions will increase a lot and the price will hike above 4000$+, then i could proudly say that im a successful trader to my parents.

[Esphere.in]

they told me rascal, just shut up and do ur company job .
  
i told ok and m doing my hitcoin referral work making me 1 btc per week

Yeah i believed what you just said,making 1 bitcoin per week,just show us the proof that you are really making that much through referral work and what is hitcoin,it is the first time i am hearing about this.Are you talking about the coin trading in Yobit.  I am pretty sure you are the developer and taking money from users.

[@prashant]

they told me rascal, just shut up and do ur company job .
  
i told ok and m doing my hitcoin referral work making me 1 btc per week

Yeah i believed what you just said,making 1 bitcoin per week,just show us the proof that you are really making that much through referral work and what is hitcoin,it is the first time i am hearing about this.Are you talking about the coin trading in Yobit.  I am pretty sure you are the developer and taking money from users.

Yup ,he just boast too much,1 btc is not a small amount and i dont think any referrals can give you more than 0.5% of profit user make,then how it result in 1 btc and in 1 week.

[lordquanta]

Old generation does not care of crypto/digital currency at all. They care about steady income and Insurance Policy as investment.

[iram3130]

Even after explaining the whole blockchain technology, cryptography and algorithms, my dad still asks me how can it be a form of currency when it doesn't have a physical form. 
Whenever I say Bitcoin, my mom just exclaims Ransomware.!!
It's hard to make them understand. It'll take time I guess.

[strikers1945]

My parents were first like - whatever and now they see the prices and ask me do you need more money to buy?

My parents also liked it because I bought them a present and it came from my earnings on bitcoin.

[niisarearning]

Initially i tried to explain my brother who is in IT industry because my parents cant able to understand even the digital currency like paytm or other .So i started explaining him now given some faucet to earn but no luck he lost interest in few days.

[Prodigan786]

My parents never bother or they won't understand if am explaining also .even I failed to explain digital currency then they dint think about explaining cryptocurrency.

[webtricks]

My parents were first like - whatever and now they see the prices and ask me do you need more money to buy?

Well you remind me of a story, year ago I guess I was convincing my farther to invest his bonus in Ethereum. He was like don't believe into such shits, these are ponzis. Indian people are too conservative, we even have to convince them for 'Mutual Funds' through T.V. advertisement, cryptocurrencies are really big game to go.
And now when I told him his 10.000 could have turned 4L rupees, he can't believe to his feet. Thanks to media who have started covering Bitcoin and others much after demonetisation, Indians are becoming more aware. This year, he is investing 40k in WAVES.

[nickmayhem]

My parents don't even understand "Paypal" so Bitcoin is a far fetched game for them.

My cousins whom I tell about Ethereum and when it was $15 during this Jan 2017 they didn't understood it.

Now after it hits $300 they want me to invest on their behalf.

But the boat has sailed long ago. 

[karan1498]

my dad got a call in 2009 or 10 , saying there is one new investment , its rate now is only 10 rupees per coin/token and it is going to boost a lot in the future . but at that time my dad couldnt make out how it was and used to work !

[BitcoinMarshal]

my dad got a call in 2009 or 10 , saying there is one new investment , its rate now is only 10 rupees per coin/token and it is going to boost a lot in the future . but at that time my dad couldnt make out how it was and used to work !

This is biggest problem most of time as we have some good fortune we are really late to adopt this because here we are too much behind in use of technology and lack of infrastructure about these things many peoples fail to adopt this technology just because of this