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Author Topic: How do you explain Bitcoin or crypto to complete newcomer  (Read 3249 times)
kirkeyah
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August 30, 2017, 06:38:51 AM
 #101

Bitcoin to newcomers is very hard to explain and I consider myself a newbie as my mentor is patiently taking some time to explain me everything from Bitcoin itself to earning like Signature Campaigns and trading and so, we had constantly discussions over internet. But anyway it's not that hard for me because google could explain everything through visual demonstrations.
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corroze
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August 30, 2017, 06:47:16 AM
 #102

i just tell to them that it is a digital currency or digital money but the thing is the value of your money here can multiply because the value of the bitcoin increases but it depends on the market. Plus you can work here and earn bitcoin and also there are many ways here in order to earn bitcoin and i also told them that it's cool here because you can earn here without any hard work you just need enough knowledge.


In my opinion this is also quite an explanation, and in addition it might be better to give a tutorial on the performance of this forum which greatly contributes to bitcoin development.
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August 30, 2017, 08:27:52 AM
 #103

It is really tough to make one understand the whole concept in a go, its better to introduce the concept and show video's related to crypto currency visual demonstration of the subjects gives them clear idea  than telling every thing and I will ask them to join forums to get a good picture of the whole concept.

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Psalms23
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August 30, 2017, 08:34:05 AM
 #104

I have just learned about bitcoin for about 2 months from now. And it is kind of puzzling for me even though I am into computers. Its not that easy to understand and it really really takes me time to halfly (not fully) understand it in order to cope up with some discussions about it. As for the moment, I'm still in research and reading about this to understand fully about it.

So, yesterday I explained this to my wife so that she may also be interested (she likes computers to, ex.fb), but its was waaay more difficult for her to understand it. So what I did is gave her youtube videos about bitcoin and every article about it to read and tell her to just ask me if there something she doesn't understand. I didn't force her and told her that she may watch it or read it only when she's free. I just hope this would turn out well for her.
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August 31, 2017, 10:29:32 AM
 #105

i just tell to them that it is a digital currency or digital money but the thing is the value of your money here can multiply because the value of the bitcoin increases but it depends on the market. Plus you can work here and earn bitcoin and also there are many ways here in order to earn bitcoin and i also told them that it's cool here because you can earn here without any hard work you just need enough knowledge.
Rather I want to ask them how they want me to tell. Whether they want to make money so I can tell them accordingly. Whether they want to enquire about just learning, I will tell them about that only. It only needs to give them a basic hint of what they exactly want. If we tell them all the things they might confuse at first, and it is so irritating.
warrior333
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August 31, 2017, 10:35:25 AM
 #106

We can't explain everything. We can explain to beginners just the basics. Then they themselves will learn what they are interested in. We can only answer specific questions. The trouble is that most Novikov I think that bitcoin is their way to easy money. Once they find out what is wrong they lose all interest in bitcoin.
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September 01, 2017, 09:37:08 PM
 #107

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers

Just explain to them that it is digital money and they are like gold that is also mined but through computer not mined physically. It has been existing for almost a decade and you can use it to purchase online as long as the seller accepts bitcoin. To be able to explain properly, show them your wallet and how you transact with it. If there is a store in your place that accepts bitcoin, you can go that place and maybe buy something using bitcoin for them to know that it is possible to use it to buy in physical stores.
I will leave off the first part which is related to mining because that can cause many questions. I will simply tell the noob about its present price and related future predictions, how it is earned, some of its benefits and how it is attracting masses over the globe. Giving a demo is also a good idea.

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Celsiuss
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September 01, 2017, 11:24:13 PM
 #108

When I'm explaining Bitcoin to a person that heard it the first time, I always tell him to do research about it. The meaning of Bitcoin, the origin and its purpose then I'll tell him to ask me if ever there are questions that he don't understands. I also tell him to avoid investment sites for the meantime because he doesn't fully understand it and there are lots of scam sites.
Why overwhelm the person with loads of information that's very hard to understand? If he's going to do research about it himself he will very likely give up when he comes over all the articles about Bitcoin splitting, private and public keys, hashing algorithms etc. It would be easier to teach him the simple parts of bitcoin. Only the essential stuff, and if he wants to learn more, then go ahead, link him some fairly easy to read stuff about bitcoin as it can become very technical sometimes.

who cares
Kaller
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September 06, 2017, 06:23:20 AM
 #109

When someone new to Bitcoin asks you about it, you should tell them just that Bitcoin is like virtual money. Or virtual gold. You can use it to buy things online and real life just like fiat, only it is better. Do not give too much explanation or they will not understand it.
DoublerHunter
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September 06, 2017, 10:43:48 AM
 #110

When someone new to Bitcoin asks you about it, you should tell them just that Bitcoin is like virtual money. Or virtual gold. You can use it to buy things online and real life just like fiat, only it is better. Do not give too much explanation or they will not understand it.
Those things that you said is enough for them to get curious and that is right that we don't need to give them too much explanation because it will make them feel bored in listening about bitcoin and if they get curious with simple explanation then that is the right time to continue explanation up to the full details of bitcoin.
Taki
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September 06, 2017, 10:55:10 AM
 #111

When people are asking me how do I making money on the internet, I explain them bitcoin as currency that exist only on the internet and has no physical form. Also I add that this currency can be easy exchanged on our national currency. And that's it. People understand, but don't hurry to join. I say that everything is in English and nobody of people around me do not speak it god enough for commenting. But when I explain that there are many national projects where you can earn bitcoin they count this as something hard and give up in the most beginning.
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September 06, 2017, 11:24:53 AM
 #112

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers
I will say "Bitcoin is like a fiat money that we normally used, but the difference is, it only exist in the Web". That's a single sentence but I am confident that the newcomer will easily comprehend and able to formulate new ideas in his/her mind. I know that's not enough to jusytify the meaning of btc so I advice him to do his reasearch and ask someone familiar with bitcoins to understand more. Smiley
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September 06, 2017, 11:49:47 AM
 #113

I will give them the basic information about bitcoin as to who invented it and what it is. And in the rest, I want to free myself from the explanation. I just wanted them to watch the video and read the bitcoin articles.
Roman Abraham
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September 06, 2017, 12:04:47 PM
 #114

So I've been involved in Bitcoin and crypto for about 5 months now and just about everyone I tell about it being friends and family most have never heard of it or the few that have they have no understanding of it so I was just curious into how others explain it all to total newcomers is their a webpage or video you may show for an easy understanding to explain it all ? Whenever I give my explanation it seems to go way over their head  Roll Eyes Cheers

I think the wise way to explain bitcoin to a new person who really don't know with bitcoin, we should explained to them step by step and we must use a simple explanation. Because if we explain complete to them at once time, they will just be confused and even ignore our explanation.
Dhaaaw
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September 06, 2017, 12:45:17 PM
 #115

Einstein once said "if you can't explain it simply you don't understand it well enough" that's why if you think that the newcomers won't understand it at first from you, you shouldn't explain it at all just give them some videos on youtube or point to them some keywords to google.
But if you're comfortable with bitcoin just give it a shot and maybe they'll understand.
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September 06, 2017, 02:12:02 PM
 #116

I encouraged my younger brother to use bitcoins and of course he doesn't know what I was talking about then, so I told him to download the wallet that I have been using and I have sent him a dollar worth of bitcoin. I told him to observe the fiat value of his bitcoin everyday; in that way he would be able to appreciate and kinetically learn how bitcoin works. Later on he bought bitcoins and he figured out other ways to earn it on his own.

I don't like the idea of spoon feeding by the way.
Harlot
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September 06, 2017, 02:23:26 PM
 #117

An introduction about Bitcoin to a newcomer might be a tough one to do in one seating, a newcomer at first needs to try all by himself on learning what Bitcoin is as it is already made available in the internet from hundreds of articles to threads in this forum everything can be read by the newbies. The only thing I am willing to help a newbie is when there is a really hard topic that needs some explaining to do in which is not readily available online.
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September 06, 2017, 02:32:13 PM
 #118

Is very easy to teach a new comer to bitcoins and other cryptocurency is all about, first give them a short definition. That bitcoins is a digital currency that does not belongs to any central bank. Bitcoin is I discentralize currency's, and if they still don't understand but are still interest to know then give them a video or a website to visit.
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September 06, 2017, 02:37:45 PM
 #119

I explained bitcoin to a new comer with a use of visual presentation. I will teach them the basics of bitcoin on why this bitcoin is created, what are the benefits if we use it. Advantage and disadvantages when using it. I will not rush to the point that he can earn with it. It's easy to teach new comers that wants to learn bitcoin because it's they are eager to learn the basics.

aaaamm
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September 09, 2017, 04:46:49 AM
 #120

An introduction about Bitcoin to a newcomer might be a tough one to do in one seating, a newcomer at first needs to try all by himself on learning what Bitcoin is as it is already made available in the internet from hundreds of articles to threads in this forum everything can be read by the newbies. The only thing I am willing to help a newbie is when there is a really hard topic that needs some explaining to do in which is not readily available online.
No doubt that the circle of the bitcoin is very wide it could be difficult to make all clear in short time but at least we can try it through the most easy way. First of all tell them what bitcoin is actually and then tell them the process of the bitcoin use make the most easy words to use and then explain the bitcointalk so that they will not find it difficult at the beginning step and will show interest in learning bitcoin so then tell them about their income in this forum.
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