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Author Topic: when you try to explain people about cryptocurrency do they understand?  (Read 3545 times)
jonathan6655321 (OP)
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September 28, 2017, 09:43:21 PM
 #1

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

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September 28, 2017, 09:46:26 PM
 #2

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.
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September 28, 2017, 09:58:33 PM
 #3

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.
Honestly they don't.So i'm setting them examples about online currencies same with our fiat money or paper money.That's the time they start to understand a little.I even made some convertions for them so they could really understand about cryptocurrency and its corresponding value to our own currency.And they said WOW..seems very interesting!
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September 28, 2017, 10:03:05 PM
 #4

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I explain them short and easy what bitcoin is so they can at least make an idea about it. It is hard to explain all the process that bitcoin does and they cant understand it if they dont know all the informations. So explain them only the important part of bitcoin , what it is and how it works.

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September 28, 2017, 10:06:09 PM
 #5

Normally they don't, but if you're intro cryptocurrencies long enough you eventually know how to explain the basics in a language fully understandable by most people. Then some get curious, and others don't...

Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...
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September 28, 2017, 10:12:20 PM
 #6

It really depends on their background alot and also on their age. If peole have a tech background the chances are usualy good that they understand why I'm exited about Bitcoin. On the other hand people without a technical background won't understnad mich. They usually sthink it's a silly fraud and try to convince me that it's stupid by comming up with really nonsense arguments. What I usually tend to do is try to motivate people that they do the investigation parrt for themselves. Next time they meet me a lot of them are really thankfull that I kinda forced them to do some investigation on the crypto topic.

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September 28, 2017, 10:24:48 PM
 #7

To be honest I've failed so many times I gave up.
What annoyed me the most was that after clearing one or two points they started with the same questions.

There are some friends who still bug me with questions even now and then but I don't have the patience to explain them and I just send them the links. Read it, make what you can out of it and choose if you wan to buy use store ignore.
And frankly speaking I don't know how they might react if they made a wrong choice when buying...like let's say 1000 in December 2103 and stayed 3 years mad at me for that. And then even worse because they sold at 300 and now it's at 4k.

So I'm juts going by the law of evolution, who wants to go embrace BTC he can do it alone, I'm not the one that will do the pushing.

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September 28, 2017, 10:30:26 PM
 #8

No, it has not really been easy for me to explain to others about cryptos, their importance in today's economy and their future possibilities. I must admit that even for me it has certainly been difficult to properly understand all the technological bases behind the development of altcoins. I have an academic preparation as a humanist and that is why computer issues have not been my specialty, however the relevance that are taking the cryptos goes beyond the mere computational field, so I am convinced that ordinary people like me also have the right to to be involved and give an opinion on this subject, despite the resistance of the technicians who hate that we, the normal citizens, give an opinion on these subjects that they consider of their exclusive competence.
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September 28, 2017, 10:35:13 PM
 #9

I think we do different strategy how do we share our knowledge about bitcoin.. Because I mostly do actual transactions and posting when they were around me at the same time I'm teaching them.. One thing that attracts them from learning from me is that I don't used referrals for me to gained or taking advantage on they're ignorance to this matter.. A simple thanks is as good feeling as winning a 1 bitcoin jackpot..

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September 28, 2017, 10:43:11 PM
 #10

Usually, it depends on the other person's knowledge of Fiat currency and their financial literacy. If they are clueless, they will be skeptical and have a ton of questions. It is tougher to explain to them why Bitcoin has utility over cash in a bank, for example, and should be looked at as an investment rather than a gamble or risk. Most people will follow what they hear in the media - which can be a number of crazy things when it comes to Bitcoin.

Everyone has a different perception of money, so the conversation essentially revolves around how much they know about money to understand Bitcoin.

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September 28, 2017, 10:49:37 PM
 #11

Not really, so many things you need to explain, mining, the blockchain, hashpower, it always ends in them telling me I can't explain things  Grin
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September 28, 2017, 10:53:34 PM
 #12

I have often explained crypto to my friend,but many don't understand and many misunderstand.
I will not now explain to anyone,because I've been laughed at and mocked

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September 28, 2017, 10:59:16 PM
 #13

no ,, it's hard to make people understand about cryptocurrency, let alone the inland people who do not understand teknology ,, a small sample of my experience ,, i once explain cryptocurrency to my friends ,,, and apparently they do not understand, even many who do not believe ,,, this is the effect of the paradigm of people who are used to looking for life from something real ,,

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September 28, 2017, 11:01:28 PM
 #14

I always use easy to understand language when explaining the basics of Bitcoin, and quite often they do understand it, but it's a personal matter when it comes to people looking at Bitcoin as a useful tool or not.

And some people find it shady that the creator of Bitcoin has left and remained anonymous the entire time, and for that reason think it might be a scheme set up to make loads of money.

I never spend too much time on these people. If I see they like the concept, I gladly help them forward. If they think it's a scheme, I don't waste my time with them since they can't get their ignorance to make place for understanding.

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September 28, 2017, 11:05:35 PM
 #15

Central Banks in all the countries haven't been truthful about the extent of fiat/credit issuance for decades - hiding this fact has made it easy for theft on a grand-scale from all peoples.

The lack of knowledge sets up a hurdle for those to understand. However we can take peace in the fact there are very smart people in almost every country that can read such systems, understand bitcoin, and have been engaged in acquiring bitcoin.

Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter. Banks in every country for the last four years have blocked bitcoin businesses and bitcoin transactions. But every year Bitcoin got stronger.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
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September 28, 2017, 11:06:11 PM
 #16

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

If you keep it simple you will see that your friends will understand and that most of them will get qurious... atleast thats what I saw with my friends
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September 28, 2017, 11:15:11 PM
 #17

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


I doubt that we are ever going to know with any kind of certainty that people understand bitcoin or any other concept, unless those other people are proactively explaining back to us or explaining the concept to someone else and they are actually getting the details right.

I encounter regular people who express some curiosity about bitcoin, and I also encounter folks through LocalBitcoins (who tend to be a bit more sophisticated in their bitcoin knowledge), and even very informed people frequently get important and material details wrong when it comes to bitcoin.

Bitcoin takes a while to understand and explain, and aspects of bitcoin evolves, too.... so frequently, all of us are learning on a regular basis.. and sometimes, we might have to change the way that we discuss bitcoin based on what aspects of it are changing and even based on what kinds of questions another person might be asking or attempting to interact about.

I recall about a month ago attempting to explain bitcoin to a guy who I had met through local bitcoins, who was asking really good questions about forking and attacks on bitcoins and the relationship of bitcoin to altcoins, yet he also seemed to be a kind of newbie to bitcoin.   I walked away from that conversation in a bit of a daze, and I personally realized that I could have handled the whole situation better, and I attempted to explain way too much to him, and he was not ready.. and he caught me in such a way that I did not have a good enough explanation for him...and really I should have been asking him more questions in order that I could have tailored my response to his situation rather than coming off as a bit dogmatic (which kind of came from the way that I allowed him to prompt me...)...

So my point is that I think that we can continue to attempt to learn about bitcoin and attempt to learn about how to interact with people about bitcoin by trying to make  sure that we are getting diverted into the wrong level and/or kind of conversation that might not be fitting to our then audience.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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September 28, 2017, 11:22:37 PM
 #18

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I explain them short and easy what bitcoin is so they can at least make an idea about it. It is hard to explain all the process that bitcoin does and they cant understand it if they dont know all the informations. So explain them only the important part of bitcoin , what it is and how it works.

I find it difficult to explain bitcoin and cryptocurrency to other people but I would usually introduce them to use this forum because they'd find out about it more when they use this. Basically, they don't understand it at first but most get interested especially when they hear the word "money" and when they find out about the high price of Bitcoin. I would say that Bitcoin is a digital currency and from that, they would somehow be able to grasp the concept of it.

It's hard for me to explain about the other aspects of Bitcoin such as trading, mining and blockchain technology, which needs thorough explanation.
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September 28, 2017, 11:23:10 PM
 #19

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

One guy I talked to about Bitcoin felt like it was something only for the elite. Something only the wealthy could afford and not many people understand. I think part of the problem is that education and information is usually either by word of mouth or people have to make an effort to search and learn themselves. Since Bitcoin is not a business for profit, there isn't a great deal of advertising about Bitcoin. There are a few advertisements and one year a college football bowl game was sponsored by Bitcoin, but there isn't a lot of that. It's going to be a very gradual process that is basically organic and grassroots. That's not always a bad thing because if it succeeds then it will have proven to be deserving.
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September 28, 2017, 11:41:59 PM
 #20

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Not really, and most of them don't believe in me, but its ok atleast i give them opportunity to know bitcoin, I play my part as their friends to tell them what i know so its on their hand if they want to study and learn about bitcoin on this forum.
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September 28, 2017, 11:44:16 PM
 #21

The issue is whenever you are trying to teach people something new some people will understand and some will not.
No matter how you try or which teaching method you used to teach them in order to understand they just can't because that is the way they are.
For me, I explained the concept of bitcoin and blockchain to lots of people some of them understand it very fast and some don't because that is the way they are, period!
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September 29, 2017, 12:30:06 AM
 #22

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I think that it will be depending on the person you were talking if he/she is interested  or not, Maybe if you tell this person how much it cost then this person will be very attracted and eager to earn bitcoins as fast as possible like everyone that is working on campaigns.

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September 29, 2017, 01:26:55 AM
 #23

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
The average joe will not understand Bitcoin, Crytocurrency, blockchain technology. It takes time to fully understand this. When i discussed it with a friend, i always ask him if he's an investor and willing to learn new technologies. Informative acrticles and videos on google and youtube will do. Anyway, Bitcoin is very well known now on other countries, he can researched all he wants.

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September 29, 2017, 01:30:24 AM
 #24

It is very easy. I don't necessarily have to tell them a lot about bitcoin, just that it is decentralised and many people hodl because the see it is a currency that will rise. If they get interested and ask me for more details i just redirect them here or to go on youtube videos that explain how btc works.
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September 29, 2017, 01:40:05 AM
 #25

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Not really they don't understand in first lesson. I tried to talk with my sister initially. She is marketing girl but still took time to understand the crypto currencies. I wonder why she did took that long. May be at the initially stages people are not agreeing to themselves about something like this can happen. When they get into it, like my sister started studying about the crypto then she got th feel for it. The ways of earning, long term portfolio for investments, trades and much more. It's not possible to tell someone in shot and let them trust on crypto currencies.
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September 29, 2017, 01:46:52 AM
 #26

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I hardly understand Bitcoin myself, it is so complicating and I always think back to Satoshi and what his intentions are on making some intricate but so simple for the user to use. I explain Bitcoin as something of a Mixture of a Stock and Gold, the value moves likes a stock would, and it is easily trade-able like gold is. To me Bitcoin is like nothing else and is a once in a lifetime opportunity to invest in. It is so unique and has all the reasons to go up in value and continue new uses.
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September 29, 2017, 01:56:34 AM
 #27

When I explain, most people are hard to understand just in fact just passed away. It seems that people who do not know about their bitcoin will find it difficult to understand others including cryptocurrency.

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September 29, 2017, 02:02:32 AM
 #28

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
They curious if I  talking about bitcoin. And they thinking what is that it is a fraud. Some of them they understand about cryptocurrency and willing to learn but some people is close their mind about this currency maybe they scared to take a risk and frauding.

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September 29, 2017, 02:10:24 AM
 #29

When I explain, most people are hard to understand just in fact just passed away. It seems that people who do not know about their bitcoin will find it difficult to understand others including cryptocurrency.

All they understand is that they can get money from bitcoin which is true and not because bitcoin really is money at the same time but if you don't understand it I think it is difficult in earning with it, even if some people would surely want to earn with bitcoin if they don't have proper knowledge with it there would be a problem in the way they can earn with bitcoin I think the only thing possible for them to earn is just faucet.
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September 29, 2017, 02:13:56 AM
 #30


When I try to explain to people about cryptocurrency, I have to explain a few times, some people understand faster and some do not. LOL

Many people who don't know how these cryptocurrencies are working think that bitcoins are using only for illegal dealings so it is hard to explain or convince them these coins got a good feature. But nowadays bitcoin news is showing in many reputed news channels which gives some confidence to people go to bitcoins. Slowly most of the people will come to this crypto world for sure.
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September 29, 2017, 02:17:34 AM
 #31

Usually no one has a clue what it is. And I'm really bad at explaining things to others, especially something as complicated as that. I'd rather not get into the subject.
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September 29, 2017, 03:05:32 AM
 #32

I do not know probably I am a horrible teacher.   I tried to teach them step by step even pointing them to different site for resources but at the end of the day they learned nothing.  Even the wallet creation where I gave the link of Youtube on how to set up one is hard for them to follow.  Aside from that they have lots of thought in mind but the first one to come is how they can earn on Bitcoin making other stuff for learning vague.



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September 29, 2017, 03:07:32 AM
 #33

When I try and explain cryptocurrency people do tend to understand because they actually ask a lot of questions which means they are engaged and trying to learn more.

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September 29, 2017, 03:10:09 AM
 #34

Well, unless if my relatives/friends asking me about Cryptocurrency. Then, I will try my best to explain the definition of "Cryptocurrency" via Skype or Teamviewer (for safety precaution, I prefer not to discuss it in public)

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September 29, 2017, 03:10:49 AM
 #35

I have several times explained to some of my friends, but yes the result 50:50, there is my friend who immediately asked to learn how to join here, but there is also a quasi indifferent, do not even want, they still do not believe with what I have got from here. for me no matter what they do not join, I am also not harmed about it. the important thing is I have invited them to generate additional income that even exceeds the salary in the company.

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September 29, 2017, 03:13:44 AM
 #36

i tried to explain this to my friends but i seem to hit only rejections so i stop bother with it. I am not judging because i dont know if i would believe it if someone told me a few years back about it.
The only thing that bothers me is that they dont know what they are missing and i guess i am the only one to get rich...a cross i will have to carry Tongue
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September 29, 2017, 03:18:11 AM
 #37

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


It's either they understand and still be skeptical or they are not interested to listen.  I mostly explain it to my close friends and relatives since I saw it as an opportunity to help them.

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September 29, 2017, 03:21:54 AM
 #38

When I explain what a crypto world they many do not understand
But when I told them to read the site most of them began to understand
So I just need them to learn it by reading
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September 29, 2017, 03:22:44 AM
 #39

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It depends, if the person has head atleast something about cryptocurrency like on the news then he is more likely to listen and understand me. Recently some of my friends have been asking me about bitcoin, when I try to explain they don't get 90% of what I am saying so I direct them to some YouTube videos which do the basic introduction to bitcoin.
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September 29, 2017, 03:26:45 AM
 #40

When I explain about the crypto market there are some understand and some people don't understand.
 But I'm still glad that there are people who still understand what we are doing and pursuing and accepting it.
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September 29, 2017, 03:29:46 AM
 #41

There are different types of people that i was able to share my knowledge with.
Some of them would get what you are telling them instantly.
There are also those whom you need to teach the following day so that all that you thought them would sink in to their mind.
And of course there are those that even they fully understand cryptocurrency will still criticize it.
Thinking it might just be another form of scam.
Cheesy

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September 29, 2017, 03:36:25 AM
 #42

in my opinion depends on their many backgrounds and also on their age. If people have a technological background, the odds are usually good so they understand. On the other hand people without a technical background will not understand. They usually think that this is a silly fraud and try to convince me that it's stupid to argue with an argument that's really nonsense. the only people who understand very little.
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September 29, 2017, 03:37:23 AM
 #43

whenever i try to explain to people about cryptocurrency, sometimes they just give me a blank stare, since it is new to them, but when I tell them it is a good investment and for sure you will have more gains, they begin to listen, however for those who really have no idea how money works, it is like trying to talk to a wall, and i just respect them who they are and what they believe, as we all know, bitcoin is a great investment, but it may not be for everybody, just take a look at those countries who legalized and those who banned bitcoins, it is true that both will have separate worlds, but in the end they need to respect each others decision. for those people who don't understand cryptocurrency, i just make sure to remind them, whenever there is a chance to try and research, at least have a little knowledge on what i'm speaking of, and if in time they begin to be curious, i will gladly teach them on what cryptocurrency is and how they can benefit from it, it does really takes one step at a time for those persons with less to zero knowledge at all with cryptocurrency to understand what we are doing, still we need to choose those people whom we want to help, because sometimes there are those who will just make fun of you, but in the end, we'll be the ones that laughing.
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September 29, 2017, 03:41:52 AM
 #44

I have tried explaining them of what crytocurrencies are. It is kinda hard for me to explain it, because they can't imagine it and its value. But somehow, they kinds excited of hearing it based on my explanation they are interested to be a part of the nee finance community.
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September 29, 2017, 03:49:17 AM
 #45

How you explain something to someone is really a huge factor for him to understand. Especially if you are introducing something that they haven't heard of and is new to them. Bitcoin, or cryptocurrency in general, is quite hard to explain especially on a technical aspect if you are talking to someone who isn't knowledgeable enough. If I'm gonna put it plainly, the first thing that I'm gonna say to someone is that it's a source of income. The term income alone can catch their attention. Then I'll slowly explain to them how it works and how he/she can earn from it. And as much as possible take time in explaining the technicalities like citing an example that can explain the terms simply without confusing them.

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September 29, 2017, 03:50:56 AM
 #46

Yeah I get a hard time explaining things to people. Like in my friend circle when I told about crypto currencies they were like saying you are crazy man go away. There is nothing like that and if it's virtual then for sure it's real and all the stuff. That was the situation like, I know guys I have thousands of dollars from it but they were like still go away. That's frustrating sometimes when we are being nice to people and trying to teach them new era learnings and earnings. But anyways somehow it's not easy to tell about the crypto currencies to others as long as they get into it themselves. I believe only 2/10 get it right at the first time we explain them but in later times they get into it and learn by themselves.
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September 29, 2017, 03:51:14 AM
 #47

I tried several times but i dont get much attention, you have to know that old people, or those who are above 30+ does not believe in new technologies, that is why they dont pay too much attention to bitcoin, and how digital currencies are going. I also tried to introduce my dad, but he can not even use his smartphone, so i could not expect him to manage bitcoin and the electronical wallets, it would be impossible for him.


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September 29, 2017, 03:51:33 AM
 #48

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

i think some of them is understand but the others is still confusing although i give details explanation to them. maybe bitcoin is something new for them and they still thinking that is impossible to make money by internet. what they see is how people like us can earn bitcoin by doing free ways meanwhile the other people is buying bitcoin to make money or profit. but i don't explain too details for people which thinking like this, i only explain that bitcoin is the best investment right now in internet and its up to them if they want to join or not. the decision is always for them, i never push them to follow my way.

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September 29, 2017, 03:56:35 AM
 #49


Sometimes yes, most of the time no, but I tell them even I am not an expert and that it's something you learn and gather knowledge with over time.

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September 29, 2017, 04:12:18 AM
 #50

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Sometimes there are people who doesn't understand immediately the cryptocurrency because it is a new term and concept so I would explain it in a way that it will be relatable to them. It would depend on who I am talking to. I am one of those people who doesn't understand the technicalities of cryptocurrency because I did not study IT or have a job related to IT but I understand the concepts of it and I explain it to others the way I understand it. If they have some questions that I don't know the answer as well, we will research it then to discuss about it.

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September 29, 2017, 04:37:21 AM
 #51

actually  its hard to explain to people who don,t have knowledge about technologies,besides other people wanted to know first the name bitcoin before they believe on it..only few can understand even simple explanation but maybe it depends upon the flow of the memory can,t catch up readily Smiley
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September 29, 2017, 04:41:31 AM
 #52

Some people do understand but other's don't. Crypto currency is really hard to explain, even when my friend told me about it, it was hard for me to digest the new terminologies and system.

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September 29, 2017, 04:58:26 AM
 #53

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Really hard, because I have the experience, after someone asked where I worked, see you never go to work, but you have the money. and I try to explain my work on actual bitcoin forum. first I confused myself, I want to explain where the start, slowly I started to explain to him that already know bitcoin, but after I explain in detail, he felt confusion, and I started thinking what if I explain to someone who doesn't know at all, it must be very difficult.
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September 29, 2017, 05:30:48 AM
 #54

Some of my friends didn't really understand about what I'm trying to say about bitcoin and blockchain, I explained the simplest meaning to them yet they are calling this coin a scam and can easily hack because it is not in physical form to say it's a currency. Well I did my part to them to understand about crypto, Let's say some people are close minded to this things not because they can't really understand but simply they did not trust it and they want some proof to show.
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September 29, 2017, 05:38:10 AM
 #55

The first thing that comes to their mind is that bitcoin is illegal and you can only use it to a black market or some say it's a money in the deep web. So whenever i try to explain it to them bitcoin is just a digital currency that changes value from time to time that's what i said to them and if they're curios i introduced them to bitcoin and start explaining from introduction > wallet > how to earn. and if they're not interested in bitcoin i don't force them it's not my lost it's their though.
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October 01, 2017, 02:13:44 PM
 #56

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
a natural thing if most of them do not understand the world of bitcoin or cryptocurrency when it was first introduced. because I think all things definitely take time and process.  Grin
after I try to explain with various things or media, at least they understand what is bitcoin and its function and how can be done to benefit from bitcoin world.
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October 01, 2017, 02:18:15 PM
 #57

Nobody even understands when talks are about digital currencies they start asking what is internet money is it safe... blah blah and never show signs of trust when the whole system is transparent and highly secure. I take to examples to explain how things work and finally they are satisfied with my explanation.
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October 01, 2017, 03:05:41 PM
 #58

It is much easier when people tend to get interested what cryptocurrency is, I will explain them to the languages that they can understand and avoid some technical terms when the person what I'm talking with is not technical, I even say things about what is encryption all about, and comparison with money transfers, so far they get an affirrnative reply.  Grin
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October 01, 2017, 03:21:00 PM
 #59

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
No they don't understand because most of my friend don't have technical background. They know about bitcoin either from internet or my story. I tried to explain without difficult term but it seems like it's still hard to understand.

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October 01, 2017, 03:23:22 PM
 #60

It's difficult because my people already afraid the negative impact about bitcoin especially when ransomware issue already spreading around the world
Only 1 of 20 of my friend that can understand bitcoin potential and he actively trade bitcoin with care


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October 01, 2017, 03:25:10 PM
 #61

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I am not completely sure if they really get what I am saying since I've been using some jargon that they might not understand. I try to explain in a simple manner but I am not yet that sure if they can grasp the idea. Let us face it, Bitcoin is a complex technology and explaining it to a non-techy person will have a hard time understanding them. Well maybe they are just interested in Bitcoin because it can give a possibility of earning.
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October 01, 2017, 03:35:11 PM
 #62

I gues for me almost 90% of the people I explain about bitcoin understand about bitcoin, well it's maybe i try to explain to them not only using text and audio but because i try to explain to them using Visual & Audio too. I create a video which explains what is a bitcoin in which it contains a motion graphic that describes what bitcoin is and in which there is a narrative which is done by me, which is where the narration is useful to explain the purpose of what is displayed in the video.
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October 01, 2017, 03:40:33 PM
 #63

They mostly struggle with the technical details. How is it generated... Why can nobody hack it.... How does the mining work,

and things like that. They can also not understand that third parties are not needed to make it work. The most common type

of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.

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October 01, 2017, 03:42:05 PM
 #64

Many people at first do not understand what it is until I start to show them in detail how the crypto currency works and that it's all absolutely real and legal.

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October 02, 2017, 04:44:18 PM
 #65

It is much easier when people tend to get interested what cryptocurrency is, I will explain them to the languages that they can understand and avoid some technical terms when the person what I'm talking with is not technical, I even say things about what is encryption all about, and comparison with money transfers, so far they get an affirrnative reply.  Grin
It is the best source to make other understand about the bitcoin because the price and the importance of the bitcoin are now very famous. It is the main target for the people to know about the bitcoin as much as they can. Just tell them the simple and the easy sources of the making money from bitcoin so they will take interest and it is all about the interest and the knowledge to know about the bitcoin.
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October 24, 2017, 09:44:24 AM
Last edit: October 25, 2017, 12:06:09 AM by Bakemat
 #66

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Some people understand it maybe because they already have knowledge and idea about crypto currency or digital currency but other people can not understand it because it still new in their mind the word crypto currency and digital currency so its better if we teach it to them slowly but surely that they can understand it much more and precisely. Lets not judge them if they can not understand it easily remember that crypto currency is still new in the mind of people.
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October 24, 2017, 10:07:52 AM
 #67

We honestly don’t think it’s that hard to explain Bitcoin or Blockchain to a “non-techy” person.
One could start by explaining what a “ledger” is, using a game of cards as a metaphor. A ledger is like a game of cards where every player is keeping a score record to ensure that noone is cheating. Those records are cross-checked to form a single ledger - a master-record, if you will. This metaphor can then be expanded upon to introduce a cryptocurrency as a part of the ledger, and so on. Hopefully that makes sense  Grin


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October 24, 2017, 10:28:19 AM
 #68

Of course, almost all my friends know about many internet currencies and they was using them and still using everyday, I said bitcoin is the same virtual currency, bitcoin just getting right now more popularity and stability, I just said them look at bitcoin price, they was shocked, now some of them are using bitcoins for payment anything online.  
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October 24, 2017, 10:38:50 AM
 #69

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
My brother and sister, also my classmates, are intrigue to what I'm doing and they always tend to ask what is bitcoin. I explain to them thouroughly and state its advantages and significances, I think they understood my explanation although they still have some doubts because they can't believe that I can earn real money through this (in signature campaigns to be more specific) and they can't believe that a not tangible thing can have a value like real money does. In the end, some of them believe in me and some of them believe that what I'm doing is a scam (sounds funny, right?).
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October 24, 2017, 10:54:25 AM
 #70

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
when i try to explain about cryptocurrency on my friends in the first time they have no idea on it and they dont believe that we can earn much profit without hard working  but when i show some proofs as of now they become interested. Lol but they dont have any idea also how to convert bitcoin to cash. Haha eagerly . .maybe when i got some free time to share all my knowledge about it. I recommend to my friends that as a newbie put some times to read here in forum to gain more knowledge so that when they got rank up . They can joined any activities here in forum.
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October 24, 2017, 11:03:47 AM
 #71

I think that all faced with this problem. People who have never used bitcoin always tends to withdraw the money if bitcoin went up. It seems to me that they all refer to bitcoin as a toy. You need some time to use bitcoin to understand what it is. The signature allows beginners to become familiar with ways to use bitcoins and earn start-up capital. More than makes bitcointalk to promote bitcoin nobody does.
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October 24, 2017, 11:45:39 AM
 #72

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Yeah, that's right, the beginning will be very hard for them understand what it is. They have zero knowledge about it so it's not quite surprising. For me, I just explained the basic things, and deliver it in the best way that I can then respond to their questions that I can manage to answer. The rest, I tell them to do research online if they are really interested in it and I suggest the best sites where they can find useful ideas for them to understand it more clearly.
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October 24, 2017, 11:48:33 AM
 #73

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some do not understand and some understands.  Normal people or those who are not technically inclined were sort of hard to understand things about bitcoin and cryptocurrencies.  But those who are into fields of programming, it, and computer related jobs are easy to know and understand bitcoin.  My family for example, did not believe in me when I told them that it will give them earnings.  My special someone got to understand it quickly because he is working for a computer based company.
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October 24, 2017, 12:28:35 PM
 #74

It is not easy to really explain cryptocurrency to someone but what I do is just to tell someone that cryptocurrency is a digital money and is a form of money that can make all the financial transaction easy and global.
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October 24, 2017, 12:30:41 PM
 #75

Usually, it depends on the other person's knowledge of Fiat currency and their financial literacy. If they are clueless, they will be skeptical and have a ton of questions. It is tougher to explain to them why Bitcoin has utility over cash in a bank, for example, and should be looked at as an investment rather than a gamble or risk. Most people will follow what they hear in the media - which can be a number of crazy things when it comes to Bitcoin.

Everyone has a different perception of money, so the conversation essentially revolves around how much they know about money to understand Bitcoin.



Additionally, common people believes that money would always come from work that they are exerting their time, money, blood sweat and tears just to get hold on to life - For short, for them, it's always physical money. I tried explaining my friends and they didn't no a flinch or an idea about what is a cryptocurrency as well as Bitcoin. Like they still have to learn more, and at the same time, I can see that they're not interested in bitcoin and such so I don't see myself wasting time on encouraging them unless they're willing to.

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October 24, 2017, 12:42:39 PM
 #76

I do not know why but I took bitcoin with great interest, but most of the people with whom I had to talk about bitkoin are listened to with distrust. They just do not understand its potential.
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October 24, 2017, 12:44:25 PM
 #77

Last time, I'm tried to explain bitcoin to friends group, five of them look at me like I invited them to MLM group or something like that and one friend joins to the crypto world with my suggestions, but unfortunately that was a bad timing because of China bans policy and the Bitcoin hard fork until now his port still bloody with all altcoins.  Cheesy Cheesy Cheesy Roll Eyes
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October 24, 2017, 12:52:34 PM
 #78

Yes, it's very sad really, all the friends, only 10% understand what they said, and the others do not wish to hear.The reason is that when someone on the pyramids flying all or even want to listen, and someone just says that this is all nonsense and easy nothing happens
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October 24, 2017, 02:19:53 PM
 #79

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I tried to share things about bitcoin to some of my friends and relatives and I realized that it is hard to explain especially to those who really don't have a background about bitcoin. After sharing some initial thoughts about bitcoin, I think they understood it because I opened the most basic things about bitcoin.

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October 24, 2017, 02:25:58 PM
 #80

They tend to be curious at first but when i try to explain to them its nature, they tend to be more skeptical about it. Well i cant blame, because i myself find it hard to understand what bitcoin is at first. I think its human nature to be skeptical to things they cant see and comprehend.
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October 24, 2017, 02:33:42 PM
 #81

They tend to be curious at first but when i try to explain to them its nature, they tend to be more skeptical about it. Well i cant blame, because i myself find it hard to understand what bitcoin is at first. I think its human nature to be skeptical to things they cant see and comprehend.

Them main problem is to explain to them how bitcoin requires no central bank and no central authority to be issued, and it's not backed by any government. If it lacks these "features", then for them the only way to explain it is by calling it a speculative bubble. It's like they cannot fathom the idea of creating value that doesn't require governmental approval. Very sad sheep mentality. These people can't be saved. There's a reason we the pioneers that will get rich and they aren't, don't waste your time trying to evangelize bitcoin around and mind your own business.
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October 24, 2017, 02:41:13 PM
 #82

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Same with your experience. It took me days or months to explain cryptocurrency to them for them to fully understand what is the concept and objective of this. I'm thankful that they have this curiosity inside that makes the topic easier for them to understand it more clearly. Before discussing the income, I chose first  to explain the concepts of these markets and why most of the people who join here value these things that much. So, all the explanations I have done becomes worth it because they understand the concept deeply and they became interested in this.

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October 24, 2017, 02:52:10 PM
 #83

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

hard to explained bitcoin to people about the crypotcurrency as first decentralized digital currency using the new era of technology explaining without proof people saying how I believe for that currency always ask the prove before people interested about the crypto, especially the philosophy people  is hard to convince them but if he/she fully understand with showing the proof about the importance of bitcoin they become interested to learn how to get earning and to invest, even my family are not believe about bitcoin until I get the earning and I show them my portfolio befoere I convince them about bitcoin currency.

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October 24, 2017, 02:56:11 PM
 #84

No, because in my country crypto is not yet popular. So only few knows about it, skeptical and afraid to take risk.They wanted to know first the fundamentals of how they operate, how money is distributed and ‘created’, and how the units of account are stored.
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October 24, 2017, 02:58:07 PM
 #85

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Yes you're right. When I introduced bitcoin to my classmates at first there were many questions so I told them to visit this forum site so they can learn more and I advice them to create an account and if they reach the jr member I will teach them on how to earn. I chose this forum because just by reading you can learn something. So far ther are near to become a jr member and they are now quitely knowledgable about bitcoins.
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October 24, 2017, 03:00:00 PM
 #86


I am beginner I also do not know what is cryptocurrency, I also want to know ..
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October 24, 2017, 03:13:19 PM
 #87

They mostly struggle with the technical details. How is it generated... Why can nobody hack it.... How does the mining work,

and things like that. They can also not understand that third parties are not needed to make it work. The most common type

of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.
yeah that's the hardest part to explain , you need to have a lot of time to elaborate clearly about it. and of course step by step with well explanation and easy words. keep telling them that you would never completely understand about bitcoin when you didn't get started asap. go get your first bitcoin and feel everything and as time goes by you'll understand the miracle of bitcoin.

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October 24, 2017, 03:28:36 PM
 #88

They mostly struggle with the technical details. How is it generated... Why can nobody hack it.... How does the mining work,

and things like that. They can also not understand that third parties are not needed to make it work. The most common type

of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.
yeah that's the hardest part to explain , you need to have a lot of time to elaborate clearly about it. and of course step by step with well explanation and easy words. keep telling them that you would never completely understand about bitcoin when you didn't get started asap. go get your first bitcoin and feel everything and as time goes by you'll understand the miracle of bitcoin.

Yup. But to be honest it is easy to explain the basic concept. Which is Bitcoin is like a digital currency and can not be regulated or monitored by any system, not even the government. And as they said, technical stuff are hard to explain. This is because they do not experience it. It is hard for them to picture on mining through technology or things like that unless they try and experience it. Experiencing it and getting into Bitcoins is the best way for people to understand.

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October 24, 2017, 03:48:31 PM
 #89

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Yes at first they dont believe in me they think that im just joking, some of them says that it was just scam, but when I show to them my bitcoin it changes everything. They become interested on it and that was the time that I fully explained to them what bitcoin is until they understand it. And the evidence that they understand it was they are now users of it and like me they are now earning money here.



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Rainbot
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October 24, 2017, 03:50:40 PM
 #90

haha. me too. I have spent 2 hours to explain about cryptocurrency to my brother. It's so tired. Then, when someone asked me about Bitcoin, I just said that:"Google, plz" lol. Grin

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October 24, 2017, 03:53:53 PM
 #91

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.
Yes, I already did it to my friends also. At first they become curious when I said some of my knowledge about cryptocurrency and they have lot of questions about so me I contine to explain it so that I can light up their mind about if. Before I explaining what cryptocurrency is, I show some of it from ky wallet to make them believe on me and Im not failed because they clearly understand all what i say to them about cryptocurrency.
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October 24, 2017, 04:17:07 PM
Last edit: October 29, 2017, 08:09:01 AM by speem28
 #92

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It really depends on the people you are explaining to, but for my case, since the people who I tried explaining what cryptocurrencies are, are really interested because they are the same people whom I taught bitcoin too so they are very eager to learn more about the crypto world. So when I tried to explain it to them, they understand it immediately even though they have lots of questions relating to digital currency.
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October 24, 2017, 04:24:53 PM
 #93

Almost everyone I have spoken to about Bitcoin that doesn't have any prior knowledge of it almost always writes it off within the first sentence.
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October 24, 2017, 04:26:25 PM
 #94

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

It also took me some time to explain and let them fully understand the things about cryptocurrency. There are different cases I've encountered when I'm explaining the concepts about the topic. Most of the people I'm talking with becomes interested on the benefits the cryptocurrency may offer to him but I also explain that in order to get those benefits he should be determined, industrious and an optimistic person for him not to be stressed if he encountered failure.

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October 24, 2017, 04:26:30 PM
 #95

They understand only basics, but noone understood how blockchain works, they just accepted the fact it's possible)
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October 24, 2017, 04:31:26 PM
 #96

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I also briefly explained Bitcoin's understanding to some people, and few believed in Bitcoin and the many rejections that occurred when I explained about Bitcoin, and some even considered it negative about me. With experience from now on, I'd rather keep quiet than continue explaining to everyone but getting negative feedback.

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October 24, 2017, 04:32:34 PM
 #97

Well, it really depends on how much time you have and how deep you want to go. The most common misconception is that Bitcoin, Blockchain, Crypto, Altcoin all mean "Bitcoin"
That drives me nuts  Angry
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October 24, 2017, 04:33:37 PM
 #98

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It depends on the person. I explain to my friends about cryptocurrencies through examples and show them my personal earnings for them to believe in it. Make them realise the potential of bitcoin. Don't use a lot of technical terms as they will get confused and lose interest.
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October 24, 2017, 04:40:30 PM
 #99

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It depends on the person. I explain to my friends about cryptocurrencies through examples and show them my personal earnings for them to believe in it. Make them realise the potential of bitcoin. Don't use a lot of technical terms as they will get confused and lose interest.
Well you explained and what's next? I want to tell you his reaction when you showed him that one day you earned a few hundred dollars. His reaction is to quickly withdraw. They don't understand that if they leave then you can earn more. They don't believe in bitcoin so they have no reason to leave money in bitcoins. In order to become part of the bitcoin community needs to accept the ideology of cryptocurrency.
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October 24, 2017, 05:11:13 PM
 #100

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It depends on the person. I explain to my friends about cryptocurrencies through examples and show them my personal earnings for them to believe in it. Make them realise the potential of bitcoin. Don't use a lot of technical terms as they will get confused and lose interest.
I don't think that's the case in most scenarios because people are still critical about bitcoin, with the banking community they are extremely critical of bitcoins just because theny stand to lose lots of profits if most of the world decides to engage in saving cryptocurrencies rather thanks banks

 
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October 24, 2017, 05:33:22 PM
 #101

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I'm new and it was explained to me by my friend and somehow I manage to get the basics but it is truly vague to understand in one explanation that is why I'm trying to self study here in bitcointalk.
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November 21, 2017, 10:24:05 PM
 #102

Most of them don't understand because they don't believe. It took me several times of explanation but still they reaction is the same. A reaction that they obviously don't understand cryptocurrency.
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November 21, 2017, 10:27:38 PM
 #103

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I try to encourage my friends in cryptocurrency but only few of them believe and interested to know about it.They thought it was a scammed like others investment.I told them my experience of having an extra income ,I explained to them how easy and comfortable when we used it in payment method and I am glad that few of them believe.
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November 21, 2017, 10:35:47 PM
 #104

People who are excited I explain them with proofs of investment and earnings of profits then they will understand.
I mostly don't jump to reach people explaining because few may yell, so I choose people who are in problems and I guide them, they they will surely understand and start with crypto currency.
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November 21, 2017, 10:40:29 PM
 #105

Most of them don't understand because they don't believe. It took me several times of explanation but still they reaction is the same. A reaction that they obviously don't understand cryptocurrency.
Yes same with me too.I had already share about cryptocurrencies to my friends and it seems they were clueless about cryptos.So i started explaining to them little by little tracing its history up to the present until it makes clear to them.And i also share about my personal experience with cryptos.Some have really believed on me but it took me a hard time to let them understand.

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November 21, 2017, 11:04:27 PM
 #106

When I try to explain to people about cryptocurrency, I have to explain a few times, some people understand faster and some do not. LOL
Yes that's really true.After explaining to them,you may be surprise with their reactions.Some are still left empty while others have also get the point.Cryptos are really hard to understand i admit especially if you don't have any idea for cryptos from the start.
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November 23, 2017, 08:38:00 AM
 #107

not all people have the same brain when i explain crypto currencies to people some doesn't understannd or find the idea interesting at all on the othr some welcome the idea and try to find out more about this new world so it depends on the person you are trying to convince but what the pass the cryptocurrency will force it self to people they will have to adapt sooner or later....
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November 23, 2017, 09:34:00 AM
 #108

Someone does not understand what it is and how it works. But someone starts to be interested. I tried to tell my parents about Bitcoin. At first they were very skeptical and suspicious. But later they began to search for information on the Internet themselves and ask me more about the crypto currencies.
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November 23, 2017, 09:50:36 AM
 #109

there much people was were very skeptical and suspicious than believe and interested to step into cryptocurrency , but if it make us money why not ,,,
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November 23, 2017, 10:19:25 AM
 #110

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I try to explain bitcoins to people who can easily understand computer language or other technical terms like teenagers, young adults, and some people very enthusiastic about bitcoins. It actually is a satisfying thing to do specially when they understood everything.

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November 23, 2017, 10:27:22 AM
 #111

Mostly the closest people who would understand first is our family.  When they can see a proof that your in a good shape in cryptocurrency, they will believe and will be curious in asking about it.  Prove it to yourself first and explain some ideas on how you earn and sharing knowledge about it.
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November 23, 2017, 12:23:27 PM
 #112

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Its not that easy to explain to people about cryptocurrency most especially bitcoin some would be skeptical,speculates that its a scam.Some would listen but dont mind to understand.Most people need some proofs just to prove that bitcoin is real,i try to make an effort to make them understand but if i can see that they are not interested thats the time that i   dont have to bother anymore if they think that its a scam,changes would be seen in a naked eye that a person who participate in bitcoin forum would never be the same anymore.If they will take the opportunity that comes their way then ill be glad.
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November 23, 2017, 12:28:04 PM
 #113

It very difficult for me to explain about crypto to my parents. They don't understand me and say that I crazy
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November 23, 2017, 01:02:28 PM
 #114

Majority of the people whom i share bitcoin about understand what it is. But there are
also people who do not get it. They are too fixed about the current fiat currency structure, hence could
not grasp the idea that a digital currency is possible.

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November 23, 2017, 01:03:10 PM
 #115

When I explain cryptocurrency to my relatives and friends they understand little if they listen seriously. They are a little interested in what I explain. They want to join me who is currently studying and collecting bitcoins.

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November 23, 2017, 01:04:36 PM
 #116

Honestly, I don't think they don't. There are some that understand but those people are the type of people that already have a knowledge about the basics of economy. If it's just going to be some guy out there without any prior knowledge, it's kind of hard to sense if they are getting it especially when they don't express it. Remember that most people wouldn't want other people to think that they are dumb, thus, act as if they get what you're saying even if they hardly do.

I don't really care if they understood it or not. I'm just going to do my thing and let them research by themselves. But I still try my best to actually put the explanation in layman's terms since it's also a skill to be able to make people understand what you're trying to say.

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November 23, 2017, 01:07:42 PM
 #117

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I would recommend this article, and the blog itself. It is quite ugly, but the content is eas to read and short of fun.
https://tinybowl.blogspot.co.uk/2017/10/making-sense-of-cryptocurrencies.html

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November 23, 2017, 01:18:32 PM
 #118

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Honestly speaking, most of them don't understand. When I'm trying to explain and cites some examples about cryptocurrencies, most of the times they are having a hard time to get what I mean. It's not that easy. Some believes what capabilities bitcoin has, but some are not. So as of now, I'm still trying my best to encourage them to try bitcoin.

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November 24, 2017, 10:00:33 AM
 #119

I do have a few friends and all of them doesnt understand bitcoin neither how can i machine being mining some virtual coin wich worths 8000 dollars, its insane to try to explain, even my wife doest understand and doesnt care about it, to be honest cryptocurrencies is a world for a few people, one day it might be for all but for now its limited to a few.
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December 02, 2017, 06:31:44 PM
Last edit: December 04, 2017, 01:43:21 PM by Amilhussin24
 #120

I only ask a person with 3 questions before explaining bitcoin to them. One is if they have heared about bitcoin 2nd is, if they are interested or not. And 3rd is are they willing to listen? Then if they say yes. That's the time I started in explaining bitcoin to them. And yes they really understand. Its because they are really interested in topic. But if you tried to explain it to people who doesn't care about it. They will never understand you.
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December 03, 2017, 02:52:33 AM
 #121

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Many times I was being misunderstood and laughed about what I am talking about. They were not interested on what cryptocurrency is in general. They only know that Bitcoin is a money making tool online and have no interest on what to know more about it. They were amazed by how much is the value of Bitcoin but as they tackle their journey to earning it, they were being discouraged either by others or by themselves because they can't earn what they expect to earn. I always tell them to manage their expectations and know first how this works and what is the technology behind it. But there are others who are earning today since I first introduced them. They were very eager and determined to know more about Bitcoin and cryptocurrency in general. But I guess their hardwork paysoff

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December 03, 2017, 03:02:25 AM
 #122

Most people I talk have heard of cryptocurrency, but they often think it's bonkers. However, even the ones that think positively of it get baffled and their eyes glaze over the moment you try to explain any of the technical aspects of it, or details of a specific project. It's completely overwhelming for them.

The main thing I've found that resonates, it's just telling them that cryptos at their most basic level, are just an encrypted transaction ledger that can store numerous different types of information.
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December 03, 2017, 03:07:41 AM
 #123

It depends on how you will explain it to them, because if you do not know how to explain properly they will really not understand it. And to explain it properly you need to have a knowledge about cryptocurrency to make it easier for you to explain it to them. When I explained cryptocurrency to my friend, they did not understand it because I did not know enough about cryptocurrency. So I still need to know more about cryptocurrency so I can explain it well to my friends

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December 03, 2017, 03:12:16 AM
 #124

Most people don't believe me, they feel like I'm getting into a pyramid scheme or being lied to, it's a huge ponzi scheme. Huh Huh Huh Huh Huh Huh

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December 03, 2017, 03:21:23 AM
 #125

Well it depends on how you explained to them if they will understand it or not. If you only discussed only the meaning of the cryptocurrency then I'm sure they won't really understand it at all. Try some sharing your experiences about you using and gaining bitcoins, it is an effective way for them to easily understand what cryptocurrencies are.
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December 03, 2017, 03:53:04 AM
 #126

Totally depends on the people, but in general its not such an easy topic to get around when you first hear about it. Best way to learn about it is reading by yourself I guess. If I talk with people that never heard of something like a cryptocurrency its really hard to explain, but with more tech savvy people, they can imagine easier how a blockchain works and how a currency like Bitcoin can be therefore created.
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December 03, 2017, 05:45:30 AM
 #127

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Some of them who are  a bit interested have their follow up question.Showing and telling them some example how bitcoin have helped the needs through financial which i used as a great example is one of a common friend that has earn alot even in his young age.Its up to them if they will take the opportunity or not,because for me those times that it was explained it to me i got interested but i also have alot of questions in my mind and to be able to earn more i so a little research and make fun of it.No matter how many times you have to explain but the person you try explaining seems not interested it is still their decision if they will go with the new trends of currency or not.

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December 03, 2017, 07:05:20 PM
 #128

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
yes it is easy start to explain them how can send money without need bank , p2p and basic information's about Bitcoin

they will start to learn more using google
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December 03, 2017, 07:11:07 PM
 #129

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I remembered a friend because of your question. Since I am earning through bitcoin, I tried ti share it with a friend because I know his situation and I wanted to help him to have an extra income. When I explained what crypto currency is, he laughed at me and told me that what I was trying to say was too impossible. Since then, I ignored him and I focused on achieving my goals.

 
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December 03, 2017, 07:24:22 PM
 #130

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

One guy I talked to about Bitcoin felt like it was something only for the elite. Something only the wealthy could afford and not many people understand. I think part of the problem is that education and information is usually either by word of mouth or people have to make an effort to search and learn themselves. Since Bitcoin is not a business for profit, there isn't a great deal of advertising about Bitcoin. There are a few advertisements and one year a college football bowl game was sponsored by Bitcoin, but there isn't a lot of that. It's going to be a very gradual process that is basically organic and grassroots. That's not always a bad thing because if it succeeds then it will have proven to be deserving.

I completely agree.

I remember  ― Philip Dick's sentence  --  “The existence of a majority logically implies a corresponding minority.”

As people are getting aware about Bitcoin. Even still newbies are trying to understand Bitcoin in better way. It will take time to user to be familiar with bitcoins. Once user understand Bitcoin, every cryptocurrency have relatively same concept and system behind with different statistics. Rather I would like to prefer go for cryptocurrency first to demonstration how cryptocurrency exactly works, it will help far more to user to understand Bitcoin and subsequently cryptocurrencies.
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December 03, 2017, 07:55:42 PM
 #131

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Complexity in the  working and operation of cryptocurrencies had really made it difficult to explain to people  and understanding it.
Personally it took me some time before I could be able to understand and digest every details in cryptocurrencies system, particularly bitcoin how to create a wallet, transactions, conversion of bitcoin to fiat e.t.c.
I had been trying every possible means to teach and educate people on how to use bitcoin and the responses was encouraging while some don't understand it because they are not interested.

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December 03, 2017, 08:16:14 PM
 #132

The problem that we usually face when trying to explain other people about bitcoin is that we usually express ourselves in purely technical terms, and this language is not what ordinary people usually use in their everyday lives. I think we should end the monopoly of technicians in this aspect, and show that people without advanced technological preparation can also benefit from the use of bitcoin, as many people use credit cards or the same fiat money without being experts in banking and finance.
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December 04, 2017, 08:24:13 AM
 #133

Yes, when explain the cryptocurrencies with people they understand them very well. They take interest in my talk and then they start question how to work and how to join the crypto and they want to know about how to generate income form the crypto currencies. When they understand about the crypto currencies they join the crypto and start working with.
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December 04, 2017, 08:52:54 AM
 #134

people take some more time to understand cryptocurrancy.beacuse it some typical then other currancy like forex.but day by day people are more interested in bitcpon and altcoin trading as is return 1000 times of its investment.
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December 04, 2017, 09:11:35 AM
 #135

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Complexity in the  working and operation of cryptocurrencies had really made it difficult to explain to people  and understanding it.
Personally it took me some time before I could be able to understand and digest every details in cryptocurrencies system, particularly bitcoin how to create a wallet, transactions, conversion of bitcoin to fiat e.t.c.
I had been trying every possible means to teach and educate people on how to use bitcoin and the responses was encouraging while some don't understand it because they are not interested.

Why you explaining bitcoin to non understandable person who is looking to make money means that is wasted thing. There are plenty of videos in Youtube to explain the bitcoin to all set of people but all of them are contains best answer of the newbie so check by your own and then send them to check about it. If you blindly explaines the transaction, wallet and etc..
In that sense you will be able to make that person proficient in bitcoin and its all investment options.

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December 04, 2017, 12:21:58 PM
 #136

Well, it depends on the person if he/she is not interested about crytocurrency and think it as a scam, eventhough you will spend the entire day explaining or speaking about it he/she could not understand but if you will spend your time elaborating, explaining to those people who is interested and willing to learn about crytocurrency he/she can understand.  Aside from that, that person will search and study on his own about cryto world and all you need to do is to guide him / her.

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December 04, 2017, 02:03:31 PM
 #137

Honestly I explained to many what bitcoin was and I had to spend a lot of time on it since they thought I was speaking in some other language
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December 04, 2017, 02:07:19 PM
 #138

When you talk about cryptocurrency, the first impression that people get is that it is illegal and untrusted, but that's the other way around actually.
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December 04, 2017, 02:12:06 PM
 #139

actually at first, I was also confused about cryptocurrency but then as I Journey here in bitcoin I realized what cryptocurrency is. A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. at first, my friends doesn't know about it. They have a lot of questions regarding cryptocurrency but now I can confidently answer them correctly
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December 04, 2017, 02:28:10 PM
 #140

I alao wonder about this since I am new to the Crytocurrency world. I am still adjusting, navigating and getting to know with bitcoin so it is still hard for me to wrap it up in my head. So I read more about it and try not to get more confused at the same time.
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December 04, 2017, 02:35:45 PM
 #141

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
At first when I try to explain them they don't believe it because generally they don't believe in all this stuff and think it as a bubble but when I show them some demos about their working and tell them price chart and tell them the current price by making them easy by converting it into our legal currency then they are really happy and interested to know more.Most of our population is still dependant on fiat and its not a easy job to make them aware about this digital market revolutions.

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December 04, 2017, 02:36:03 PM
 #142

Not always no, what I tend to do though is give an example they can relate to and explain it in its most basic form. If they pick this us pretty easily then I go more technical but it’s important to remember to be patient, we all need to start somewhere and not everyone will pick it up straight away
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December 04, 2017, 02:45:39 PM
 #143

Yes, I tried to explain but it seems to be useless. They do not believe that this market is real. They thought this was a hoax and they gave me a lot of disappointment

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December 04, 2017, 02:47:36 PM
 #144

Some people' yes, and some are not. Ill explain only for those willing and believing its possible to earn in bitcoin, and for those who aren't Its just wasting your time.cause many people stands on saying "to see is to believe"
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December 04, 2017, 03:04:14 PM
 #145

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

at first their interest in the crypto currency really bugs them so they keep asking me the hows and the whys but when I started the topic they slowly begin to open the "will I earn" phrase "Is this secured", "is this being supported by someone" so it becomes complicated and hard because the topic gets broads and they find it hard to connect fiat and digital money/crypto currency..
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December 04, 2017, 03:35:59 PM
 #146

Some people' yes, and some are not. Ill explain only for those willing and believing its possible to earn in bitcoin, and for those who aren't Its just wasting your time.cause many people stands on saying "to see is to believe"

Times have changed now. With the rise of btc that even big media companies take time to feature it on news, people are now more aware. Through interest would come study and research. Also if people already have an idea about it its easier to explain

 
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December 04, 2017, 10:21:39 PM
 #147


indeed not all can immediately understand, it takes sufficient time to be able to explain thoroughly.
explanation will be more understandable if done also with the direct practice that we show.

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December 04, 2017, 10:27:49 PM
 #148

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Usually this is one difficult thing because not everyone believes in the digital currency. But I have an effective way, usually I immediately practice to use bitcoin, and I also show what I get when I use and invest in bitcoin. I feel they are getting interested and in the end they use bitcoin.
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December 04, 2017, 11:02:19 PM
 #149

Most of them really don't understand Bitcoin.They always say it is a scam.They did not believe  that I already earning money because of Bitcoin.But I try my best to explained to them  and give some link in the internet in order to them to understand easily.
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December 04, 2017, 11:34:22 PM
 #150

Yes, I tried to explain but it seems to be useless. They do not believe that this market is real. They thought this was a hoax and they gave me a lot of disappointment
you will find many strange answers when you explain bitcoin to the general public, many say that bitcoin is a scam investment, cheat currency, insecure, and many others, yeah it is a risk to you because you are telling something that is still very new in the world,,
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December 05, 2017, 12:11:22 AM
 #151

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

The issue of cryptocurrency is quite a difficult subject. I have tried a couple of times to explain to friends but they keep on bombarding me with more questions. The few guys who are trying to catch the terminologies surrounding crytocurrencies are those with good I.T background and are more committed to do their personal research online.
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December 05, 2017, 12:32:32 AM
 #152

Sometimes I try to explain to them the meaning of cryptocurrency to make them understand how can it be our currency in the near future.Its hard to explain to somebody who is not open minded and sometimes some of them do not believe and I am not forcing them to engage on it I want them to realize that someday cryptocurrency will  help us in our daily living.
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December 05, 2017, 01:28:50 AM
 #153

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Sometimes I tried to explain cryptocurrencies to other people but the first reaction I get is they are confused. It is a very difficult subject specially to those people who are not familiar in trading and online world. Sometimes,when I explain they start asking questions and answering them but still they do not understand. Fortunately, there are also people who are open-minded and those are the people who are familiar with trading and online world so, they easy understand the idea of cryptocurrencies.
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December 05, 2017, 01:33:06 AM
 #154

Some do understand because they already have an idea of cryptocurrency because of the current price of Bitcoin they get curious, Someone told me that they are just afraid to try or test using cryptocurrency but when i showed them proof of my achievements or earnings in Bitcoin they are fascinated and willing to try using crypto, of course i told them to focus in Bitcoin first before they venture alt coins.
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December 05, 2017, 01:38:12 AM
 #155

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
this is really hard because before i enter in the forum i dont have any knowledge about bitcoin and before i didnt believe to my friend who tell me about this but when he get a lot of money i was amazed and i got a courage to use this so for me teaching about crypto to others is hard dont try because they will going to laugh at you.
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December 05, 2017, 01:41:25 AM
 #156

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Yes they understand because they are are focus on what they see what is bitcoin is.Because in our place bitcoin change their life, especially my brother he is rich now because of bitcoin.lf you have a proof they will just ask what you do and lm sure everyone who are interested also to have what you have they will study how they will get what you have. Some people are really difficult to understand about bitcoin but they are trying their best to make it also.
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December 05, 2017, 02:01:06 AM
 #157

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I tried to explain to my friend last month about bitcoin because he is interested to use and learn about bitcoin so he could buy the things that he wanted . While i am explaing it to him he is confused about bitcoin there are some terms that he can't understand so i show him some videos in youtube about bitcoin then after that he started to understand about bitcoin and he is now using bitcoin as a source of income.
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December 05, 2017, 02:41:59 AM
 #158

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.

I like the way you explain cryptocurrency to people, maybe I'll use it this way.

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December 05, 2017, 02:44:46 AM
 #159

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
If depends on the person I'm explaining it. It has not been very difficult to explain to people in the technology area, but for people with poor understanding about technology, it takes some time.

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December 05, 2017, 03:04:49 AM
 #160

With the development of the digital world more and more people are familiar with bitcoin, in my own environment there are still many people who do not know bitcoin as a digital currency. I once tried to tell my neighbors but many did not believe it

Maybe we should show the results we get from bitcoin
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December 05, 2017, 03:20:38 AM
 #161

yes they understand about bitcoin and other cryto currency so many are using it, but if they ask me how to use it I just say they use their bitcoins in trading sites and they exchange them with altcoins , then they make money so many people learn bitcoin even if they do not teach them because they just talk to me on how to use bitcoin.

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December 05, 2017, 03:26:49 AM
 #162

Some people' yes, and some are not. Ill explain only for those willing and believing its possible to earn in bitcoin, and for those who aren't Its just wasting your time.cause many people stands on saying "to see is to believe"

I find the same problem, many people are closed minded to the idea and will not believe it unless they experience it for themselves. Many of them do not understand how something that is not tangible can have any worth. Then I ask them what about paying for credit card transactions abroad or such and they say 'oh no that's different because the bank are moving my dollars'
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December 05, 2017, 03:35:09 AM
 #163

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Yes, but it is not easy to explain. The hardest part is, to make them believe that cryptocurrency is not fraud. It is a lot easier if you explained it to those people that are interested because they believe in you unlike to those who don't, its like explaining to a wall if they are not interested.
It is so much easier to explain cryptocurrency especially bitcoin today, compare to the past because crypto is getting so much attention.
Just explain it to them very clearly show them your earnings to make them believe.
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December 05, 2017, 04:06:23 AM
 #164

Yes, it takes time and to be honest, they don't understand in the first attempt. In most of the cases, they have some misconception in their mind about Bitcoin and crypto industry. In few cases, they think that it is a kind of MLM scheme or Ponzi scheme and I am trying to explain this to them just for my benefit. However, I don't keep any secrets while explaining cryptocurrency to them including volatility, forks and unknown future possibilities.
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December 05, 2017, 04:27:13 AM
 #165

I think the youngsters can easily understand about bitcoin because they know computers internet and many other advancement which existed in the world like in the present time if you are expert of technology you have a good image in the job society and business as well.

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December 05, 2017, 11:56:51 AM
 #166

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

i’m a banker and not know more about bitcoin (how software work) but i used it and planned to make money from it.

just say it give you direct connection between sender and receiver.
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December 05, 2017, 12:03:11 PM
 #167

Depends on who I'm talking to. If, lets say,  a friend asks me about it it most of the time they will not understand it even if some are knowledgable in gadgets and techs, it's hard to take in at first. If perhaps I'm talking to an old person, theres a high chance that they might not get it maybe because of the generation gap.
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December 06, 2017, 06:39:07 AM
 #168

I have many friends who are very techy and internet savvy and those are the people who understand cryptocurrency right away. I also have friends who doesn't get it just like me before. But i have a lot of patience to explain it to them because I've been through it and I know how hard for it to understand.
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December 06, 2017, 07:06:42 AM
 #169

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
from my experience sometimes i explained to them about cyptocurrency or digital currency bitcoin they didnt believe to me because they didnt understand yet about crypto so i think it is hard to explain bitcoin to people but if he or she have a courage to enter the world of crpto i think it can easily understand it.
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December 06, 2017, 07:49:56 AM
 #170

My Part when I was told my friend about cryptocurrency she did not believe in me, He just laughed at what I said. but i understand it if they do not believe because bitcoin something new for them and  It's still harder for anyone to believe that is impossible to make money or earn money online, I will not force them to believe.

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December 06, 2017, 08:00:15 AM
 #171

I have many friends who are very techy and internet savvy and those are the people who understand cryptocurrency right away. I also have friends who doesn't get it just like me before. But i have a lot of patience to explain it to them because I've been through it and I know how hard for it to understand.

It's really hard to understand especially if you don't put some effort  to discover what crypto currency is. For me it is not necessarily to be spoon feed to someone else who really knows what is crypto, as a matter of fact if you're really interested to learned about crypto
then you could do it to yourself without depending to some other people. Indeed Diligence and be open minded are the key to get to know some other thing that you don't experience and yet to know in your life.
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December 06, 2017, 08:03:36 AM
 #172

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Yes of course, it is essentially needed to share this kind of opportunity especially to you love ones , I have try explaining Bitcoin and thats for my parent as their child I am responsible to be honest in evwry situation that I can do , this involves money and they deserve to know it, whenever I try to explain anything about Bitcoin I simplify the key terms which is very helpful for them ,like the bounties , I explain to them like program and many more.

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December 06, 2017, 08:05:55 AM
 #173

no they dont, especially my neighboorhood, they think bitcoin its another betting online, they asked its halal or haram, i dont know what to say..
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December 06, 2017, 08:12:10 AM
 #174

IT depends from many factors who explain,how explain and whom,as its a little dificult for people who dont undertstand anything in technologies so you must do it simlest way,maybe they will not undrt for firts time try again.


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December 06, 2017, 08:21:16 AM
 #175

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Seriously they are puzzle about it. Its a new word for them and they are confused just like when my friend discused it to me for the first time. I find it complicated and really very hard to sink in my brain. Lol! Eventually i fgured it out what is crytocurrencey then because i do my own research about it. Now im the one explaining this to my friends and the same thing of my reaction first so im not worried about it anymore.
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December 06, 2017, 08:31:00 AM
 #176

After explaining bitcoin in some of my friends, they understand it but hard them to start over because of they are busy and they are more focus to their current work. Athough after you understand bitcoin but there are lot of things that need to study like for example on how you earn bitcoin in trading or investing on it. You need to focus about the price of it.
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December 06, 2017, 08:38:26 AM
 #177

It depends on who you are explaining to. When a person is not interested on what you are saying, he/she looks like listening but they wont absorb anything. But when a person is interested, you dont need to explain to them again and again, he/she will probably ask you more questions about it

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December 06, 2017, 08:46:10 AM
 #178

At first I try to explain to them what crypto currency is all about, but all their facial expression is showing that they had a hard time to get the point of what im saying as what others did, I compare fiat and crypto currency and try to explain what are the advantages of crypto currency. I end up answering so many questions up to the point that im so tired of answering those questions. For me I dont explain much, I focused myself in my own investment and work so I can earn profit for myself.

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December 06, 2017, 08:48:27 AM
 #179

They would not really care about the bitcoins, They only like to know more about how much many they can get on bitcoins because that's the only reason why bitcoins is popular. It is because of its value that is keep on increasing day by day.

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December 06, 2017, 08:53:49 AM
 #180

Until now it is hard to explain what cryptocurrency generally is. As there are so many ways on how you will introduce it from explaining it is a way to make money or it is money itself, after that you need to choose what kind of path you want them to learn. With a lot to cover I often make my audience disinterested with Bitcoin and other cryptocurrency. The only way for them to learn is to be interested and to learn in their own way as with these method they won't rely on me that much and the can learn independently.
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December 06, 2017, 09:23:45 AM
 #181

For me, they don’t understand when I try to explain something about cryptocurrency. But when I show them what I’m doing to earn bitcoin they understand. Sometimes I just tell them yes, it will be challenging to understand what is the cryptocurrency, but if you are willing and determined to learn you will understand it later on. In the end, you will know the benefit of bitcoin and another cryptocurrency. Smiley
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December 06, 2017, 09:30:31 AM
 #182

actually no they just laughed at me Sad 

they though im just wasting my time with something ridiculous, scam thing i found on web.
and im the only btc user here on our district
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December 06, 2017, 09:31:33 AM
 #183

the people I tried to explain did not understand, they can not think of replacing the dollars as currency
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December 06, 2017, 09:35:34 AM
 #184

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

To much explain to them before they believe on you just like me before i get here in bitcoin my friend pushing me to try this and saying that i can earn but i didn't belive because i think this is a scam before i believed to him he prove that this is not a scam the way he show or he saying how much he earning and i prove it that he earning her the way he dont have a work but he buy a house and lot apartment so thats why im here in bitcoin and also earning.  If you want to believe them try to show how mich you earning and for sure just like me they also believing you.
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December 06, 2017, 09:54:36 AM
 #185

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
it depends on the person I am talking to when I explain it to my family they understand it well and actually they have a lot of knowledge about this kind of market but when I explain it to my friend they really don't understand because they are not interested about it but they know that it requires a lot of effort and time to gain money here.
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December 06, 2017, 09:58:41 AM
 #186

Some say that it is scam and suspect that you're scammer. So, "more educated" says that it is bubble. Only few just grind, so proud of themself that they bought bitcoins before it became mainstream. Those f*ckers!  Grin

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December 06, 2017, 10:01:08 AM
 #187

Totally depends on the people, but in general its not such an easy topic to get around when you first hear about it. Best way to learn about it is reading by yourself I guess. If I talk with people that never heard of something like a cryptocurrency its really hard to explain, but with more tech savvy people, they can imagine easier how a blockchain works and how a currency like Bitcoin can be therefore created.
yes , when explain the cryptocuurencies with people they understand them very well. they take interest in my talk and then they start question how to work and how to join the crypto and they want to know about how to generate income form the crypto currencies. when they understand about the crypto currencies they join the crypto and start working with.
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December 06, 2017, 10:05:46 AM
 #188

It hasn't been that easy; like speaking in jargons really. I remembered I did try explaining to someone yesterday and the person was like I should just get started with the process because it really looked abstract. I tried relating it to the stock market and forex. I strongly believe that a person's drive matters and also when they start seeing the results in the physical, they can start getting the motivation to start. And do note that it is never too late to start; start from somewhere.
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December 06, 2017, 11:59:43 AM
 #189

no, at all they do not understand what cryptococcus is. and they barely listen to my explanation. but if they want to listen and invest in bitcoin will get a big profit. and very few people know bitcoin.
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December 06, 2017, 12:02:08 PM
 #190

It depends on how easy and simple you introduce them to bitcoins as if they have never heard about bitcoins then you need to keep things simple and show them the basic things about bitcoins and if you make things complicated at initial stage then I doubt that they will understand anything about bitcoins.

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December 06, 2017, 12:06:15 PM
 #191

I think they will understand if I say it and give more information's,and of course the proof that it is real and it will really help.People these days area not being interested in that things like online sites,so I should give more and right info for them to know and believe.
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December 06, 2017, 12:08:30 PM
 #192

They would not really care about the bitcoins, They only like to know more about how much many they can get on bitcoins because that's the only reason why bitcoins is popular. It is because of its value that is keep on increasing day by day.

That is true.  People now knew bitcoin but that is just knowing bitcoin to be having a large value.  But as to the origin or abouts of bitcoin, they are not really into it and they do not care what it is.  Just like what you said, they only care about the price and the money they can get when they earn or invest with bitcoin.  But there are still other people who does not know or any idea about cryptocurrency.
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December 06, 2017, 12:13:35 PM
 #193

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I explain them short and easy what bitcoin is so they can at least make an idea about it. It is hard to explain all the process that bitcoin does and they cant understand it if they dont know all the informations. So explain them only the important part of bitcoin , what it is and how it works.
One of my friends also asked me about it because she was intruiged about it. So i have told her, what are those processes that should be done and give them informations about it to easily use it. It's quite long but i make sure that whoever asks me about will surely understand it. And yes, i agree that you should only tell them what bitcoin is all about and how it works.

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December 06, 2017, 12:38:30 PM
 #194

Usually it is easiest to deliver information to a person when he is interested in it, and you will most likely not understand the financial tool presentation! especially if a person has never engaged in financial transactions. Therefore, I tell only when I'm asked about it)
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December 07, 2017, 02:27:12 AM
 #195

in my opinion depends on their many backgrounds and also on their age. If people have a technological background, the odds are usually good so they understand. On the other hand people without a technical background will not understand. They usually think that this is a silly fraud and try to convince me that it's stupid to argue with an argument that's really nonsense. the only people who understand very little.
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December 07, 2017, 02:34:28 AM
 #196

Just a few understand.  The rest would tell me this is so complicated.  But I'm still open to share whatever knowledge I have with them . And I tell them to read more on crypto  currencies themselves.  I hope I'd be able to break down the technicalities to as easy to understand  as possible.
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December 07, 2017, 02:41:26 AM
 #197

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?




When I try to explain people about cryptocurrency some of they understand but some of they don't. There are different types of people the one that easy to convince and the one that is hard to convince many of us when are trying to explain how the cryptocurrency works some of they are don't believe.
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December 07, 2017, 02:42:13 AM
 #198

If we trying to explain cryptocurrencies, especially to the people w/o IT background, we have to explain them with basic. (Trade and Market)
i think that was the simple one to explain.
After that told them there's a new currencies in the digital world that called bitcoin and so on.
You can explain them why this is so profitable for everyone

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December 07, 2017, 02:45:26 AM
 #199

There different kinds of people. There ones that can easy catch what are saying and there are ones that don't. Openminded people for me can easily catch when explaining the cryptocurrency.

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December 07, 2017, 02:46:17 AM
 #200

I tell about bitcoin to my friends a few years ago but they don't care about it, I was gave up for convincing them, its only waste my time. I only focus on my self now and let my life flowing, my finance is much more better than a few years ago, of course its because of bitcoin as well.

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December 07, 2017, 03:09:44 AM
 #201

it is rather difficult to explain about cryptocurrency to people who really do not know about it. in addition to explanation, it would be better to immediately accompanied the practice of what to do, the system works, and ways to start investing in the world of crypto. based on experience, some friends who ask about bitcoin to me many give up before trying because according to him difficult to start. that's because an understanding of the basics of bitcoin is lacking. so it's better to read a lot.

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December 07, 2017, 03:33:20 AM
 #202

I always test people by saying "cryptocurrency". Normally they just look really confused, and than I add "-well...bitcoin, you know?". And than I have to hold tight, meanwhile they are happily unloading on me what they know about bitcoin - normally it's something along the lines "unsupported, illegal, a lot of bitcoin used on blackmarket"  Grin
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December 08, 2017, 09:34:29 AM
 #203


It is true that there is insufficient information about bit coin.

Because you do not know all the information, we need to know the information correctly.
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December 09, 2017, 08:13:23 AM
 #204

So many of my friends asked me about cryptocurrencies, but not all of them understand about I explained. This situation just like me at the first time I heard about cryptocurrencies. We need more time and experiences to understand about cryptocurrencies.

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December 09, 2017, 11:36:54 AM
 #205

I don't always understand everything when I listen to professionals)) with friends and acquaintances I try to communicate without terms and explain on the fingers
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December 09, 2017, 11:52:53 AM
 #206

I want to say so, people of the older generation do not even want to listen, for them bitkoyn is not at all understandable, but young people understand and even try to understand what crypto currency is.
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December 18, 2017, 11:01:11 AM
 #207

I want to say so, people of the older generation do not even want to listen, for them bitkoyn is not at all understandable, but young people understand and even try to understand what crypto currency is.
I also prefer bitcoin and explain it to my friends but they ignore me because they didn’t understand my words and thinks that I am not normal because there are many big things able to earn to change our life in bitcoin that’s why they leave bitcoin and now they are not happy with their decisions.

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December 18, 2017, 11:09:16 AM
 #208

I want to say so, people of the older generation do not even want to listen, for them bitkoyn is not at all understandable, but young people understand and even try to understand what crypto currency is.
I also prefer bitcoin and explain it to my friends but they ignore me because they didn’t understand my words and thinks that I am not normal because there are many big things able to earn to change our life in bitcoin that’s why they leave bitcoin and now they are not happy with their decisions.

Lol same as my experience explaining to some of my friends, And every time I explain they keep on replying that they're not interested in networking and they prejudge without digesting and understanding the words that I say. Grin I think their brains are eaten by the system. Roll Eyes
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December 18, 2017, 11:14:38 AM
 #209

I tried this to my friends, and they don't know about the cryptocurrency. So i tried to expain to them at small details on what is cryptocurrency and at first glance they are little bit confused. Because of the term cryptocurrency they did not know about it. So its pretty much a huge effort to give in order them to understand it.
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December 18, 2017, 12:09:19 PM
 #210

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.
When im trying to explain to people if what is cryptocurrency, they don't understand what is all about at first. Specially to those who does not have little knowledge about it. It's difficult to explain what is all about but I do different strategies on how to explain it easy. I explain it step by step and i do also actual explaining like showing them on how to earn bitcoin.

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December 18, 2017, 12:11:15 PM
 #211

I tried this to my friends, and they don't know about the cryptocurrency. So i tried to expain to them at small details on what is cryptocurrency and at first glance they are little bit confused. Because of the term cryptocurrency they did not know about it. So its pretty much a huge effort to give in order them to understand it.
When i tried to explain them about what bitcoin is, first I said it is a cryptocurrency then they did not understand anything, later on I explained about digital currency how it works , exactly the same way bitcoin works and also gave them example about online gold purchase then they realized about the bitcoin.
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December 18, 2017, 12:37:21 PM
 #212

For me, I tried explaining this by comparing cryptocurrency to fiat, I just clarify them what are the differences and similarities of two. Doing this can make them easily understand what is the real bitcoin is.
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December 18, 2017, 02:05:17 PM
 #213

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

it’s hard to explain it fully just tell them basic and show them how fast sending and receiving

also how to make a wallet and more 
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December 18, 2017, 02:11:54 PM
 #214

I tried this to my friends, and they don't know about the cryptocurrency. So i tried to expain to them at small details on what is cryptocurrency and at first glance they are little bit confused. Because of the term cryptocurrency they did not know about it. So its pretty much a huge effort to give in order them to understand it.
When i tried to explain them about what bitcoin is, first I said it is a cryptocurrency then they did not understand anything, later on I explained about digital currency how it works , exactly the same way bitcoin works and also gave them example about online gold purchase then they realized about the bitcoin.
It is really confusing for them at first but when we try to explain it to them by giving examples they will get the idea especially if they have a basic knowledge about technology. But sometimes not all of them understands and they are lazy to search about it in the internet, in order for them to learn they need to make research about it themselves or watch videos in youtube.
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December 18, 2017, 02:51:51 PM
 #215

I try to explain about crypto currency to some friend, honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
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December 18, 2017, 02:56:15 PM
 #216

I tried to explain everything about cryptocurrencies to my friends but they don't seem to understand it. They don't even know how it works and how is it even possible to earn money with cryptocurrencies. They don't believe that it really works and I don't know how to explain it to them anymore.  Cheesy

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December 18, 2017, 03:37:57 PM
 #217

Usually i explain the basics, like i would show them only the book covers, then i tell them to read it if they want to know more and then we can talk about it Smiley.
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December 18, 2017, 03:45:37 PM
 #218

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

The don't understand, it takes time and need more reading before they learn. Specially if they're not familiar with technology. But I'm still trying to teach every friend of mine wanted to learn about a crypto.

Ahhh.. ok
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December 18, 2017, 04:07:04 PM
 #219

At the first time you explained it to them, they will never understand it. Why? Because their hearts and minds think it is a fraud or scam. People tend to become aware of the environment presently at our generation because many people tend to cheat people, making bad things, that sort of started all of it. But when they see the reality of bitcoin and the cryptocurrency itself, they will believe. Yet it should not stop there. Everyone must research. See for themselves what are these cryptocurrencies? How are they made? Why did they have value? These are questions should be possessed by a cryptocurrency investor.

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December 18, 2017, 04:13:00 PM
 #220

It depends. Sometimes they even explain it to me. Cryptocurrency is such a thing, you think you grasp its meaning but the next second it vanishes from you.
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December 18, 2017, 10:09:17 PM
 #221

Somehow. Well, it depends upon the people who can catch up quickly. Normally, people does not get what I am trying to explain about cryptocurrency it always end up like I am telling a fantasy stories or some story that needs a critical thinkng but if I give a real life example like showing my mobile phone and start explaining they somehow understand. In addition to my answer earlier, there are some people who can get it quickly even without showing some example. According to my observation most of them are technology literate so, they do make sense on what I am trying to show to them.
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December 18, 2017, 10:16:30 PM
 #222

I try to explain about crypto currency to some friend, honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
What exactly cryptocurrency has to do with having a job? You don't need to to be employed online to earn bitcoin, you can pretty much buy BTC with fiat.
The best argument when trying to convince someone about future of cryptocurrency is the growth ratio we experienced so far. Don't forget about that.
I find more difficult to explain to people fact that they are living in a world based on a debt - and to pay up this debt they are spending the money they don't own.


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December 18, 2017, 10:17:51 PM
 #223

When i try to explain it to my workmate or colleagues they do understand and they are eager and excited to try or use Bitcoin like what i am doing but the only problem is that the price of Bitcoin right now are not affordable especially if you are living in a third world country like us. Gladly i was able to use Bitcoin in its early phase while it is cheap but right now my friends are annoyed because though they can see the potential profit they can get they cant start because they can't afford the price.
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December 18, 2017, 10:27:05 PM
 #224

I try to explain about crypto currency to some friend, honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
[/quote1]
Everytime when someone ask me about how can i get my money, i tell them about bitcoin, that is need internet connection to access to it because its like online job that you need to open your account before yoh used it. Then to those some people who dont know bitcoin i telk them the my basic knowledge to make them understand how to operate bitcoin.

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December 18, 2017, 10:36:24 PM
 #225

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

The don't understand, it takes time and need more reading before they learn. Specially if they're not familiar with technology. But I'm still trying to teach every friend of mine wanted to learn about a crypto.

We could use a way that is easily to understand by others. There is no need to explain things that are so specific to people who are still new about crypto. We can make gold as an example.

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December 18, 2017, 10:48:00 PM
 #226

(Un)fortunately, it takes some time to explain to someone how cryptocurrencies work. I always get a lot of question which I'm really content to answer. Not every person understand what I say but it looks like most of them listen to me carefully. I always try to show the benefits of Bitcoin. I was quite surprised that not every person knows that paper money has not value at all! Some of them thought that government has enough gold to cover the value of each bill.

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December 18, 2017, 10:51:25 PM
 #227

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Well first we need to separate cryptocurrency from the following terms, scam, money scheme, pyramiding, and networking. People need to close their ears and eyes from media's interpretation of cryptocurrency which is often depicted like those four terms. It is a money that is digital in nature and can be used for online transactions or asset for investments.
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December 19, 2017, 01:38:43 PM
 #228

It's natural that you don't understand at first a new topic. So most of the people who ask me about it, they do not understand it fully. That is why they have to do research on their own. Self-study would help them to understand the concepts. Cryptocurrencies is not easy to understand actually.

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December 19, 2017, 01:40:43 PM
 #229

In my experience only half in ten people I try to explain cryptocurrency put interest on what I am telling them and only one of those fully understand what I said..lol
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December 19, 2017, 02:03:10 PM
 #230

I recently discussed it with my tech savy friend of mine from my high school years who is now a web developer and he did understand it easily but when I explain it to my brother who is a seaman in profession I can feel his nose is bleeding with my explanation but now he understand it little by little.   

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December 20, 2017, 01:29:54 AM
 #231

I recently discussed it with my tech savy friend of mine from my high school years who is now a web developer and he did understand it easily but when I explain it to my brother who is a seaman in profession I can feel his nose is bleeding with my explanation but now he understand it little by little.   


I believe that people can understand the cryptocurrency when you give full information about it. Step by step process is applied so that people may know and have an idea.
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December 20, 2017, 01:33:01 AM
 #232

No they will not understand it quickly but i think that they will still be interested even though it was very hard to understand if they are going to earn a lot of money though this industry and by working on different bounty campaigns in the future.
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December 20, 2017, 01:35:13 AM
 #233

Maybe for some people who had already background about cryptocurrencies.But for some people who heard this things and they newly heard it,it will take you for a further explanation for them to barely understand it.

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December 20, 2017, 02:30:43 AM
 #234

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

They mostly don't understand or don't try to understand. But there is one great tehnique. Just tell them that they can earn a lot of money. Rest leave to them to learn. Cheesy Although they could start to spamm you with questions from that point.

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December 20, 2017, 09:35:51 AM
 #235

It has nas not been easy, some people just say sorry it's so complex, I just developed a headache, Lol. It does give me joy telling people about crypto currency, and how they should take the opportunity early.
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December 20, 2017, 09:42:49 AM
 #236

when I talk to someone about bitcoin, and if they dont have any idea about it. I get the same reaction, doubt! they doubt if bitcoin is legit or not! it bitcoin is a big scam and if you can truly earn on bitcoin. but once I explai in to them. they began to understand its concept and they began to embrace it

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December 20, 2017, 10:08:58 AM
 #237

Most people don't understand when you try to explain cryptocurrency to them. It is difficult for them to understand when they are ignorant about it while some other already have the mentality that it is a scam.
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December 20, 2017, 10:13:47 AM
 #238

Most people don't understand when you try to explain cryptocurrency to them. It is difficult for them to understand when they are ignorant about it while some other already have the mentality that it is a scam.
yes, crypto is a new thing, although we know it will br the future, but there are too many negative news with crypto, including money laundering, dark net, bribe-taking and so on, many people just think they are scam and refuse to accept

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December 20, 2017, 10:16:05 AM
 #239

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I've explained to my friends about bitcoin and about cryptocurrency but they do not understand and are not interested, I'm fine with that because it's up to them whether they want to earn money or not

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December 20, 2017, 10:24:16 AM
 #240

Yes they do,all depend on how you present cryptocurrency to them,some seek for advice on there own in other for them to invest.
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December 20, 2017, 10:25:12 AM
 #241

Most probably when you try to explain to ordinary people about cryptocurrency they don't understand it well, but for those people who are eager to learn the trade, they can easily catch up.

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December 20, 2017, 10:27:24 AM
 #242

It gives me headache. I always tell my friends about cryptocurrency especially in BITCOIN and other Alternative Coins but they always say that it is SCAM and better to get myself ready because FBI will come on our home to arrest me. Its something that they discover BITCOIN in a bad way
Is it because bitcoin was used in blackmarket particularty in silk road in deepweb. I try to explain that crypto are worth investing but THEY DO NOT BELIEVE.
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December 20, 2017, 10:32:10 AM
 #243

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Once I explained to them the cryptocurrency market, but they didn't understand it at all, they thought it was a huge ponzi scheme, and the people involved were idiots.

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December 20, 2017, 10:34:07 AM
 #244

Mostly cannot understand. I believe its not about understanding but its more on the open mind and willingness to understand. There are still who are very traditional and haven't visualize the future of currency. Its so hard to let people understand into something they are not willing to understand. They have fear and don't know yet or have known how it make sense to the economy.

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December 20, 2017, 10:38:24 AM
 #245

At first it is really hard to make them understand, unless they are really willing to listen, i had encountered people who keep on asking about bitcoin, but never do their research, rather they want me to spoon feed it to them, and every time that i do, they keep on asking the same questions, is it as good as investment, when will they get their money, how much should they invest, and every time the market goes down they tell me, its a good thing they didn't invest since it is dropping and whenever the market goes up, they tell me, why didn't forced them to invest when the market is down, the situation may be funny for us, but for them, i see its a lost. It is also easy to explain cryptocurrency to people who are alredy investing, since that's what we all want a market with high returns.
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December 20, 2017, 10:42:39 AM
 #246

Ive been telling to them that bitcoin purpose if for peer to peer transaction then how bitcoin works some of my friends cant understand what im talking about.

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December 20, 2017, 10:48:33 AM
 #247

I explain them what is bitcoin,how it is work.Firstly  I am setting them examples about online currencies.Step by step process  is applied so that people may know. some if them understand it very fast and some don't.
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December 20, 2017, 10:51:01 AM
 #248

Maybe at the start they dont understand what cryptocurrency is, but after that especially people who are open minded it is very understanable and easy to do to any people. And most especially it is  about earnings and income so i can say it is not hard to undertand.

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December 20, 2017, 10:51:40 AM
 #249

I used to be able to convince people about bitcoin. I used arguments like everybody else: the micropayments, low fees, ability to send money abroad etc. The regular blah blah.

Currently I cannot argue with them because I have no arguments: there are no micropayments, there are high fees and actually if you send money abroad you pay more than with western union......
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December 24, 2017, 04:56:48 AM
 #250

It's just a matter of being open minded.It's understandable to say that cryptocurrency is an complex matter to begin with since most people are not really aware about this.Most people thinks about their safety and legal protection specially when engaging in such activities which is still new and doubtful for them.

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December 24, 2017, 12:43:04 PM
 #251

Some of them ask me about physical forum of bitcoin and how bank bank support it.

also many confuse about government and central bank against bitcoin.

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December 24, 2017, 01:06:45 PM
 #252

Both. They will understand or not. When your explaining to others it depends on people how they appreciate it cause id people want it to understand. They can get it. But if theyre not interested its wastes. But try approach it in the way that you can compare it to real life Smiley

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December 24, 2017, 01:08:57 PM
 #253

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I tried but most of them didnt understand well...when i liquidated some cash then started to believe  Cheesy
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December 30, 2017, 08:44:32 AM
 #254

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I tried but most of them didnt understand well...when i liquidated some cash then started to believe  Cheesy
At this time convincing people about bitcoin is quote easy because bitcoin has become common in talks and everyone has a bit of knowledge about bitcoin and now they just only need a smaller push of motivation and all the understanding come into their mind and in past people need proofs and many other things but now internet is here people search about the thing in no time and get quick proof and it is quite good.
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December 30, 2017, 10:01:21 AM
 #255

When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.

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December 30, 2017, 10:06:02 AM
 #256

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Most of my friends and my family are tech savvy so it becomes very easy to explain the concept of btc or cryptocurrencies to them. But to convince them to buy Is a bit challenging, as it's an expensive investment and requires lot of consideration before investing.
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December 30, 2017, 10:14:17 AM
 #257

When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.

Yes that is the key point, when you try to explain to others you will learn more and understand how it works. Even one of the most respectful person when it comes to bitcoin and other cryptocurrency Andreas Antonopoulos says he started to write his first famous book Mastering Bitcoin to learn more about technology itself. You approach is defiantly good.

Maybe start by explaining to them first to realize that even today's fiat is in electric form in terms of credit cards and anyway both BTC and FIAT have flaw if electricity/internet shuts itself down since neither of them would survive. But it can be difficult for ordinary person to understand the risks with their private keys and how to be safe because they are their own bank without middleman doing thing for you, I had a bit troubles to explain this to others as well.
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December 30, 2017, 10:21:08 AM
 #258

When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.

Yes especially if they don't know how to use gadgets or computer 😂 haha. But for some people I just tell them that it was a digital currency which you can use to transact online, it was such a drag to explain more because they won't understand it instantly.

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December 30, 2017, 10:26:52 AM
 #259

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It is really hard to explain what bitcoin is and how it came to be or mined if one doesnt have the technical know how. Besides a lot of people ignores me when im about to speak about cryptos so i dont bother anymore.
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December 30, 2017, 10:27:29 AM
 #260

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
i dont need to explain this community to others because i dont want to add some
forum spammers since people that closes to mine knows that im involved in this crypto world,
i want them to have their own knowledge about this and waiting for them to ask me allabout
bitcoin so i will be glad telling them about whats the positive and negative thing .
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December 30, 2017, 10:28:34 AM
 #261

For some people is difficult to explain. While for others it is easier. It's easier to explain to people who are curious and who always do internet surveys in order to check what you said to them, and then come back to you with positive or negative ideas. Difficult is  when you explain to someone and this person simply thinks that you are crazy because for this people, I believe that money can be created. In fact, what I could notice, that these people who do not believe, are mostly very conservative and very proud.
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December 30, 2017, 10:29:14 AM
 #262

I only explain about cryptocurrency to those who's willing to learn because I know when you have interest in one thing you have the power to learn more even if it's harder than what you think. So, they easily understand when I'm explaining about cryptocurrency.

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December 30, 2017, 10:34:32 AM
 #263

When you tell someone about things that they don't know or understand like cryptocurrencies. At first they will not understand what it is. But when you explain it carefully and easy to understand. They will get what you want to explain to the easily.

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December 30, 2017, 10:35:37 AM
 #264

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Upon explaining Bitcoin cryptocurrency and alternate cryptocurrencies to people there may be instances that there are different approaches that may come since it was just new to their nature.At first, it makes them a hard time to fully understand Bitcoin cryptocurrency and other types of currency which is just a normal approach because it ia not typically easy to understand yet not too complicated to learn. It just takes time for them to be able to fully understand it and others are really in need to see proof before they can understand it.

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December 30, 2017, 10:57:46 AM
 #265

I explain them what is bitcoin,how it is work.Firstly  I am setting them examples about online currencies.Step by step process  is applied so that people may know. some if them understand it very fast and some don't.
Detailed explanation is such a good method to make people understand cryptocurrency. When I'm explaining cryptocurrency to my friends, I always make sure that it is detailed and well explained. Just like what you did, giving examples and step by step are also one of the methods I did. Doing these method, they understand it well and now, they are all working on Bitcoin. I hope we all both succeed.
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December 30, 2017, 10:59:00 AM
 #266

Yes especially if they don't know how to use gadgets or computer 😂 haha. But for some people I just tell them that it was a digital currency which you can use to transact online, it was such a drag to explain more because they won't understand it instantly.

Exactly my problem as well, but mine is actually worst, they wont even understand digital currency. I explain to my mom as "making money online by buying and selling", that's the best I can do to explain to her LOL
But it is not much different than explaining to friend who's not a tech savvy, they dont even know how trading works in the first place

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December 30, 2017, 11:06:25 AM
 #267

At first they don't know some simple points. I need to explain it clearly to them in order to understand. People who are not aware about cryptocurrency are hard to discuss. They are in to technology but that doesn't mean they know about it so explaining it correctly will be understood to them.

 
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December 30, 2017, 11:39:08 AM
 #268

I don't think they really understand it, if maybe they try it hands on, maybe they will have an idea on how it works and they may get interested in Bitcoin.
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December 30, 2017, 11:46:33 AM
 #269

Honestly speaking,They don't understand.If you are explaining to them its just like when you are a student and you don't know what the teacher say,and you are looking at them then there dreaming of something and they look so happy after you ends explain everything and they said ok,i understand..It is just like that.They are hanging,loading.
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December 30, 2017, 05:45:50 PM
 #270

If you explaining to the person's that you want to teach or to the person who are interested to learn about cryptocurrency make sure your explanation is good and your details is complete because if you cannot show or prove to them they will not listen to you and they will think that you are dishonest person and dont waste your time to the people who don't listen to you just waste you're time if there's a person who really want to know all about cryptocurrency
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December 30, 2017, 06:06:01 PM
 #271

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
it's also hard to explain to people about investing with bitcoin because of their lack of beliefs with something gained from the internet but to explain with what we get from bitcoin maybe they can understand and understand
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December 30, 2017, 06:12:30 PM
 #272

its hard to tell other people about crytocurrency , not all are interested. but if someone have interest they will research about it . even you explain it very well but if they dont have interest its useless.
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December 30, 2017, 06:17:01 PM
 #273

Only some of them understand.But only few of them like to enter the crypto world.So when I'm telling them I gather some videos from youtube from the history,value ect.I gave those to understood people and increase the present age of "Entering to crypto world".I continuing this since from the 2 weeks.
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December 30, 2017, 06:35:25 PM
 #274

When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.
When I have knowledge about bitcoin I explain to my friends about it, at first they don't understand how its works and how to do it, but later on after I explain to them again and teach them about bitcoin they will understand now. And now they also using bitcoin like me, sometimes when we see each other, we talked about cryptocurrency.

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December 30, 2017, 06:40:36 PM
 #275

No. Even me at first, I didn't understand it right away. It's like I am talking to a person with different language. I do not understand it all. So when I am now the one teaching, they are also like me. So in order for you to understand fully, study by yourself. Do not just depend on what others says. Do your own research.

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December 30, 2017, 06:41:59 PM
 #276

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
When people want to know me what is Bitcoin.I talk about foreign exchange.We can say Bitcoin earnings is the same thing in dollars.We can think about what the dollar is.Why do we use dollars.What comes from the dollar.People are easily understoodBTC Smiley Smiley

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December 30, 2017, 06:46:48 PM
 #277

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I think they do because when ever I tried to explain to them about crypto currency I would put up an example like Fiat,
I would tell them that the crypto currency is just like Fiat and if they ask me about the market I would just tell them the exact same thing,
I would say that it is like buying a dollar and waiting for it's price to go up then sell it when it rise up.
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December 30, 2017, 07:11:54 PM
 #278

From the feedback I get hen I try to explain to people about BTC, I think a lot of people are just bent on not taking it in. Even though I show to them my history since iv been on BTC, they still don't buy it. What I resolved is not to try too hard. You either take it or you leave. I have almost nothing to loose. BTC will grow, with or without them.
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December 30, 2017, 07:17:01 PM
 #279

When I'm explaining people about cryptocurrency some of them don't understand especially to those who's slow learner and have no interest in bitcoin but some can easily get what I mean about crypocurrency. But if I will continue to explain about that maybe all people will understand about the cryptocurrency.
I have some experience and I think it is the most difficult thing to explain to a old fashioned person because I think cryptocurrency is a new world and the people of 20 century and not even ready to accept it. Even to the people of our are not understand it and think it is a big scam or bubble which can burst at any time.honestly not easy to explain to them, only a few of them can understand but they are look not interested about that.. they are more trusting offline job more than online job..
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December 31, 2017, 08:37:24 AM
 #280

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Surprisingly only a few individuals understand, those are the ones whom by
chance already have encountered some familiarity with the said terms. To
add it up, a lot are usually skeptical about the whole idea, either they were
misinformed or mistakenly misunderstood it the other way around. The best
approach i have is to resort in a simple and basic analogy and engage simple
conversations. I bring them down to a level where it's comprehensible enough
to grasp. But it's entirely up to them, if they develop an interest it's easier to
make them fathom cyrptocurrency matters.
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December 31, 2017, 09:21:04 AM
 #281

From the feedback I get hen I try to explain to people about BTC, I think a lot of people are just bent on not taking it in. Even though I show to them my history since iv been on BTC, they still don't buy it. What I resolved is not to try too hard. You either take it or you leave. I have almost nothing to loose. BTC will grow, with or without them.

We aren't talking only just about the bitcoins price here. Anyway people don't tend to move towards the things they don't understand, they will rather go and shoot for things that are familiar to them. Because if they look other things they see it as an obstacle because then some new knowledge need to be developed. They have like an invisible wall in front of then that is stopping them from entering, they don't need to invest as bitcoin is seen even as high risk investment but they should at least be aware of it's existence and understand some basic principles behind it.
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December 31, 2017, 09:35:36 AM
 #282

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I convinced only one person out of all the people i tried to introduce to cryptocurrency. Because they relied on media. Most medias give q negative impression to bitcoin. And people tend to believe in it. Instead of making a research. It's like they're being controlled by media which is very disappointing.

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December 31, 2017, 09:37:10 AM
 #283

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
We are now living in an era where almost everything you want to know is found in the the internet, since bitcoin is done in the net, many people are not new about bitcoin and cryptocurrency. When i was ask about bitcoin from some of my friend, they already have basic knowledge about bitcoin, so all I have to do is elaborate a little on some unfamiliar terms on cryptocurrency. Advice them to keep on doing their studies on bitcoin.

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.
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December 31, 2017, 10:08:49 AM
 #284

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I think they do because when ever I tried to explain to them about crypto currency I would put up an example like Fiat,
I would tell them that the crypto currency is just like Fiat and if they ask me about the market I would just tell them the exact same thing,
I would say that it is like buying a dollar and waiting for it's price to go up then sell it when it rise up.
if they understand how forex works then it would be an easy discussion to make, but most of the people doesn't have any idea about this so it's hard to
explain, most of the time I just try to show what i get from this crypto currency so it is much easier for them to believe, with some proofs i was able to
convince some of my relatives and friends.
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December 31, 2017, 03:16:42 PM
 #285

If the person to whom I tell you is interested in this then yes they understand a little but there are also those who just ask you are wasting your time they nod in silence and say that this is some sort of divorce
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December 31, 2017, 03:23:53 PM
 #286

Normally they don't, but if you're intro cryptocurrencies long enough you eventually know how to explain the basics in a language fully understandable by most people. Then some get curious, and others don't...

Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...
When it comes to absorbing information, it is quite normal for most of people to experience difficulties specially when they are new in the process of transaction and systems of bitcoin. But as have said it is normal, we just need to focus and give a lot of time on our education process for to gain enough knowledge that could help us on earning and investing in the right manner.
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December 31, 2017, 03:55:46 PM
 #287

Initially most people seem to think that Bitcoin is just like any currency which they can use to make purchases. That was my first notion when i heard about bitcoin and later i realized that it has the ability to grow just like gold and other precious minerals.Am sure that as time goes on they also will come to see bitcoins in the light as well.
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December 31, 2017, 03:58:45 PM
 #288

No, it has not really been easy for me to explain to others about cryptos, their importance in today's economy and their future possibilities. I must admit that even for me it has certainly been difficult to properly understand all the technological bases behind the development of altcoins. I have an academic preparation as a humanist and that is why computer issues have not been my specialty, however the relevance that are taking the cryptos goes beyond the mere computational field, so I am convinced that ordinary people like me also have the right to to be involved and give an opinion on this subject, despite the resistance of the technicians who hate that we, the normal citizens, give an opinion on these subjects that they consider of their exclusive competence.
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December 31, 2017, 03:58:50 PM
 #289

of course they do not understand, for them it is not possible to buy with other things than the dollar
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December 31, 2017, 04:37:27 PM
 #290

Let's see
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January 02, 2018, 01:30:30 PM
 #291

It has nas not been easy, some people just say sorry it's so complex, I just developed a headache, Lol. It does give me joy telling people about crypto currency, and how they should take the opportunity early.

To understand people about bitcoin. Now it depends on you. How you explain it to them. It is better to tell them that i obtain more profit from bitcoin. They will don’t believe you because nowadays people are afraid from digital trading. Someone take their money. They fear to invest. So in order to far that fear. You need to explain them about bitcoin step by step.

Not show them only yourself that i am profitable from bitcoin. Show them the whole community stock exchange about bitcoin. They will then understand better.
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January 02, 2018, 02:47:35 PM
 #292

At the beginning of crypto currency I don't understand everything. Actually its depends on how I help someone to understand this crypto currency. I explain someone about crypto currency as I learned. Actually its needed time to understand cryptocureency.
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January 04, 2018, 06:09:50 PM
 #293

Well at the beginnings its not so easy to explain to the people about crytptocrrency, especially to those who don't have any idea about bitcoin. When i try to explain they get interested because they want really also to invest in bitcoin. So its a great feelings that there are some people also appreciate and believe in bitcoin. The importance is you try to explain to the people and it was a good result that they understand already, and you share your knowledge to them about bitcoin.
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January 20, 2018, 06:49:44 AM
 #294

when I am trying to explain to other people about cryptocurrency, sometimes they understand but often they do not understand it that's why it is so hard to explain how bitcoin work in other especially to the person who has no background about cryptocurrency, it is good to discuss bitcoin to those who are willing to invest and of course to those who are experience other cryptocurrency.
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January 20, 2018, 07:00:32 AM
 #295

Maybe they understand a bit but not the whole explanation. Its up to them if they are interested in knowing about cryptocurrency. If they are interested, they will spend some time into researching about it. If they don't help themselves, it will be hard for them to know all about this concept

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January 20, 2018, 07:06:16 AM
 #296

When they ask me about cryptocurrency for the first time,they hard to understand it easily actually like them its hard for me to understand when it was introduced to me. at the beginning you cannot really know how to do it,so to make easy for them to understand i give them example and some videos that shows what is and how it can be done.I also share my own experiences.
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January 23, 2018, 04:26:10 PM
 #297

First time i explained to the people about cryptocurrency, its really hard to explain to people, because they don't have any idea. But one thing we can do is we give all our patience so that they could really understand more the bitcoin. But because of determination to share my knowledge to those people it will success because they have already learned a lot. Even if its not easy to explain the important is that we convinced them.
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January 23, 2018, 04:46:34 PM
 #298

Some of my friends understand it but the others are not what i would say about cryptocurrencies. Im giving them example for what i experience before. On trading in campaign how i invest to bitcoin and how i get my profit so far.  So that they can imagine and catch they interest to it.

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January 23, 2018, 05:11:35 PM
 #299

I explained to them what it is and how but since I am not so knowledgeable of it and just starting, maybe they don't understand me. And also a factor why they don't understand me is that, they are not interested.
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January 23, 2018, 06:00:12 PM
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 #300

In my experience, some understand and some use it as a laughing stock. Maybe they just can't believe especially it's price itself.
Or maybe they were just to narrow minded that they can't adopt to the progressing crypto currency.

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January 23, 2018, 06:32:05 PM
 #301

It depends on how you explain it to people. For me i started explaining it to my friends and they believe in me. I knew about bitcoin way back march 2017 where in the value of it is 1000$ now X10
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January 23, 2018, 06:39:25 PM
 #302

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
It is funny to say that after all this time that I'm using cryptocurrencies, I still cannot even explain clearly to other people what bitcoin is. I have a forethought that "they won't get it, so what's the use?" I have tried to explain it to my mom and I don't know if she's getting my point, and after days when she said something about my "job" here, I realized I did not explain it well. Personally, I am bad at explaining things, so if I will intrduce bitcoin to other people; there is a big possibility it will not end well.
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January 23, 2018, 06:57:12 PM
 #303

It depends on how you explain it to people. For me i started explaining it to my friends and they believe in me. I knew about bitcoin way back march 2017 where in the value of it is 1000$ now X10
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January 23, 2018, 07:03:23 PM
 #304

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Most of the people will only be interested on cryptocurrency if you talk about money and they did not really care on the scientific explanation and terminologies because it was too hard to understand for some people who is not well knowledgeable about technology.

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January 24, 2018, 12:15:32 AM
 #305

Honestly it is pretty difficult.

I totally understand that some people don't get into crypto. But the good point is: most of the aruments they've got against BTC can be applied on fiat currencies. So at least, it starts a debate on how people consider currencies in general.

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January 25, 2018, 02:26:26 AM
 #306

Basically nobody understands anything about cryptocurrencies when you are trying to explain them. The fact is that those who are interested in the issue have already go all infos by themselves. Those who don't are not interested probably BECAUSE they would not understand it.

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January 25, 2018, 09:53:41 AM
 #307

When I explain people about cryptocurrency, some of them don't understand or don't believe in it, some of them felt interested and started to study about bitcoin, read this forum. It depends on ages, background.
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January 25, 2018, 10:42:58 AM
 #308

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

It is hard to explain people who never hear before about cryptocurrency. But you should explain crypto process step by step. You should also try to explain it by online games or other applications that you can find on internet.

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January 25, 2018, 11:07:39 AM
 #309

I already do it to my classmate lately.They are familiar with bitcoin because they saw it in social media but when i start to explain all about bitcoin,how its work,why their are many investors in bitcoin and i also explained to them how they can earned money.I look to their face and its like they not believed for all i said.They understand me but they have many questions about bitcoin.I think they need more evidence before they fully understand bitcoin.

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January 25, 2018, 11:15:44 AM
 #310

My brain says “loading...” when my sister explained it me. When i tried explaining this to my friends the reaction is the same! Some of my get confused or puzzled about this cryptocurrency. It was kinda hard to explain what is it all about especially those who dont have experienced in working online or even in a call center. I sometimes dont need to elaborate if i can sense they dont really get it. I advise them to read about it online. They can ask me afterwards Smiley
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January 25, 2018, 11:18:59 AM
 #311

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I remember my friend when I tell them about bitcoin and other cryptocurrency at first they are not interested but when I said that I earn money from it they become curious and start to questioned me anything about it.

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January 25, 2018, 11:28:09 AM
 #312

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I tried explaining cryptocurrency and bitcoins to my parents, who are now at a ripe age for retirement, and they actually understood it. "Bitcoins are similar to stocks." as stated of both of my parents. They are actually interested to further explore bitcoins buy I think they will be having a hard time investing on their own so I'm here to guide them.

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January 25, 2018, 12:05:59 PM
 #313

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
People that interest in cryptocurrency will try, but people that against it will try to get you down and they don't even listen.
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January 25, 2018, 12:11:52 PM
 #314

It is an arduous task to explain what the term crypto means to people who have no similarity to this subject. There are many technical issues that a lay person has difficulty understanding. However, the more people entering the crypto market, the more disclosure this will have and the easier it will be to understand this fascinating subject. Blockchain, wallets, private and public keys are still subjects restricted to few people around the world.
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January 25, 2018, 12:21:38 PM
 #315

My first try upon teaching Cryptocurrencies is my girlfriend Well It was really bad i I really still dont know what the first thing to do in teaching it and as the result she doesnt understand on what Im saying..But I dont want to surrender upon teaching others the good news about these cryptocurrencies and how to sustain their daily lives and even become Successful with the Use of Cryptocurrencies..
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January 25, 2018, 12:24:06 PM
 #316

If the person to whom I tell you is interested in this then yes they understand a little but there are also those who just ask you are wasting your time they nod in silence and say that this is some sort of divorce.
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January 25, 2018, 12:36:02 PM
 #317

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
some of them understand and some do not. so many things you need to explain about bitcoin such as mining, blockhain, altcoin and others. so i just tell them what is bitcoin and if they want to know more, they should search articles about bitcoin on google
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January 25, 2018, 12:40:41 PM
 #318

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
some of them understand and some do not. so many things you need to explain about bitcoin such as mining, blockhain, altcoin and others. so i just tell them what is bitcoin and if they want to know more, they should search articles about bitcoin on google
It depends upon whom you are telling about crytocurrency  if the listener is beginner in this field then just tell him key points and let him indulge this field slowly and then he will understand things proportionally and if the listener already did his homework on cryptocurrency then you can tell hi in details.
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January 25, 2018, 01:12:44 PM
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 #319

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Not really but they are interested and willing to learn about digital currency.But also because I don't have complete knowledge about bitcoins and other cryptocurrencies so maybe that's the reason they don't really understand what cryptocurrency is especially bitcoins.

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January 25, 2018, 01:28:04 PM
 #320

Yes, many people are still backward. They do not listen to me explain. I tried to explain it all. But they did not listen. and also opposed me. I feel sorry for them. I think they will regret when they know the benefits of bitcoin

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January 25, 2018, 02:25:41 PM
 #321

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.

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January 25, 2018, 02:26:35 PM
 #322

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.

If we're talking about an elder person, it's really hard for them to understand how bitcoin works. Youngsters are better in understanding the bitcoin technology actually.
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January 25, 2018, 02:31:24 PM
 #323

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.

Good for you that they understand about it.  As for me I was having a hard time to explain to them how bitcoin gives an income.  They are always afraid to try and always saying that it is a scam.  It is maybe because bitcoin is not that popular here in our country. If they do not understand I just stop explaining.
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January 25, 2018, 03:06:49 PM
 #324

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I introduced bitcoin to my friends and family, I know they do not care at first but when I told them more they got interested,its hard to understand at first,even I do not completely understand all the terminologies and other things that I must know. if you want them to learn about bitcoin,teach them the basics and dont teach them chunks of information, just bit by bit and they will learn eventually. By that time, they will probably have interest and they will start asking questions about something that isnt clear to them.
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January 25, 2018, 04:29:19 PM
 #325

They do not understand one bit. not even a few people who criticize. But after a while they see the changes being experienced by bitcoin users, they become interested. Initially it was hard to explain, because there are so many market languages. But as time passes slowly they will understand.
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January 25, 2018, 04:59:29 PM
 #326

I do not talk about technological nuances and other complex issues, but I always emphasize the safety of bitcoin, I tell you what profits can be obtained and how to do it. Usually people understand everything and even start to invest in money.

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January 26, 2018, 06:32:32 AM
 #327

Normally they don't, but if you're intro cryptocurrencies long enough you eventually know how to explain the basics in a language fully understandable by most people. Then some get curious, and others don't...

Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...

In fact, they are not very understanding, sometimes even to stop you. Think of it as a scam and sometimes do not want to explain it. People who understand you will always understand.
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January 26, 2018, 06:58:43 AM
 #328

Normally they don't, but if you're intro cryptocurrencies long enough you eventually know how to explain the basics in a language fully understandable by most people. Then some get curious, and others don't...

Either way, it's still something quite out of the ordinary for most people, so it's pretty hard to explain...

In fact, they are not very understanding, sometimes even to stop you. Think of it as a scam and sometimes do not want to explain it. People who understand you will always understand.


There is some truth in the fact that some people are better listeners and also better interactive or maybe just interested in a variety of topics.

Sometimes you do not know about someone's areas of interest until either they ask or something in your environment sparks the conversation in a certain direction, and one thing leads to another, and the next thing you know, talking about crypto.

On a weekly basis, I have anywhere between 5-10 people that either I talk with about bitcoin or the topic comes up, and sometimes these are folks that are brand new to bitcoin or crypto and other times they have had some exposure to the topic.  Sometimes, I see them in a quasi public location in which I have three computers that are running in various spots, and each of the computers have bitcoin tickers running (my two favorite to keep up on the screen in order that I can see it from a variety of angles is bitcoinity.org and bitcoinwisdom.com).  

So sometimes folks will see the bitcoin ticker and they will ask about what it is or guess what it is, for example suggest that it is the stock market or something like that.  So, if the topic goes down the bitcoin road, then I am more than willing to discuss, and if they start to talk about various other cryptos, then I am not too interested in discussing other cryptos, so there is a bit of a two way street about whether people know anything, and how much either they or I am interested in the topic.  If they get me talking about bitcoin, then that is when we get into potential information overload territory in terms of my willingness to share (in the event that they are interested in the topic).  If I sense that peeps are not interested in the topic, it is easy enough to change topics, and in other words, I do not push it.

So the punch line is that ease of explaining does have some connection to the level of interest of the audience, which may be different time 1 or time 2 or time 3, etc.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 26, 2018, 07:02:34 AM
 #329

Most of my friends know only Bitcoin. So, I always start with this phrase " Do you know that Bitcoin is just one of the thousands crypto today? Then my discussion starts..
They just get the idea but they must e the one to do their research and study it.
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January 26, 2018, 07:32:08 AM
 #330

Most of my friends know only Bitcoin. So, I always start with this phrase " Do you know that Bitcoin is just one of the thousands crypto today? Then my discussion starts..
They just get the idea but they must e the one to do their research and study it.

its nice to see that there are people who are willing to spread the word bitcoin and cryptocurrency in our youth thats why i salute you sir and to others that keeps on doing it because these is another way to help cryptos especially bitcoin to become more popular in any parts of the world therfor this could lead to more price increase as more and more people were going thru it because they see bitcoin is merely a profitable way in the form of investment and trading. in my case i also educate my neighbors , co workers , house mates  , etc so that they can also experience what i experience in cryptos.
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January 26, 2018, 07:36:03 AM
 #331

Most of my friends know only Bitcoin. So, I always start with this phrase " Do you know that Bitcoin is just one of the thousands crypto today? Then my discussion starts..
They just get the idea but they must e the one to do their research and study it.


So if you and i were having a conversation in real life, I would be mostly interested in talking about bitcoin.. however, if you want to compare and contrast and talk about a bunch of other cryptos, then you would lose me, because I am personally not very interested in various other cryptos.

Accordingly, if we are on the same page and we are mutually interesting to each other, then we can have a conversation, but if our interests diverge in such a way that is not interesting to one of the parties, then we may not have much to talk about.

Furthermore, there may be some folks are interested in a wide variety of cryptos and open to such discussion, and there may be some other folks who are only interested in certain cryptos - and they don't want to necessarily explore compare and contrasting of the cryptos.

Sometimes, I have also found that topics can become combative, too, and maybe it can be good to avoid combativeness, especially in real life.   Sometimes, someone will bring up some other crypto, and I might either say, I am not interested in that crypto or I might give my conclusion about what I think of that crypto from what i have heard about it, such as calling it a pump and dump.  Sometimes, there can be some hostility because I might not appreciate if the person attempts to preach to me or to sell me on some coin or presume that I don't know enough about the coin in order to come to whatever assessment that I have made.  So, there can be a fine degree of distinction between going down the road of polite conversation and preachiness, and most people do not like to be preached to (at least I don't because it puts me on the offensive, sometimes when someone tries to preach to me about any topic whether crypto or religion or anything else).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 26, 2018, 07:49:45 AM
 #332

I never voluntarily explain to people what cryptocurrency is?
Because at first he didn't know what it was?
I offered to introduce them to them.
He might have thought my motives.
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January 26, 2018, 07:57:08 AM
 #333

I tried to explain everything about cryptocurrencies to my friends but they don't seem to understand it. They don't even know how it works and how is it even possible to earn money with cryptocurrencies. They don't believe that it really works and I don't know how to explain it to them anymore.  Cheesy
I also gone through almost similar situation where I tried to explain people about cryptocurrency and that’s potentiality how blockchain technology changing world . But people seeing me with doubt I am trying to scam them . But I am not loosing hope still explaining to people.

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January 26, 2018, 08:10:34 AM
 #334

At first, they won't understand it.
But later on, they're the ones to share it with others.
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January 26, 2018, 08:17:53 AM
 #335

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

They do. When I explaib bitcoins in every detail possible, they understand what bitcoins are and what other cryptocurrencies are currently circulating in the internet. But I never push them to invest in bitcoins not to mention to start trading. I guess it's their own initiative to try and start trading. At least when they do do it on their own and fail, they can't blame me.

When I introduced bitcoin to one of my friend at first he don't understand it so we have to meet again and continue to discuss more about cryptocurrency. Its hard to tell people about bitcoin because they heard the negative news first but we must tell them that those news are really wrong. I encourage my friends to try to invest on bitcoin because they can't appreciate this thing if they don't try this for at least small amount.  
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January 26, 2018, 11:27:07 AM
 #336

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
When i explained bitcoin to the people especialy to those who want to learn and become merchants,at first they did not understand what is bitcoin,and sometimes they doubt my personal intention,but time to time i slowly explained it to them,they understand the true value of bitcoin in the life of all people and there mind open up, and now the result they are disame me want to become a capitalism and a bitcoin earner.

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February 02, 2018, 05:43:11 PM
 #337

Yes they wil, since you provide a important knowledge which they can use as a foundation in their journey in bitcoin.  It is very means alot to them. 
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February 03, 2018, 08:20:37 AM
 #338

I use Bitcoin as a useful tool or not.
And some people feel, the creators of Bitcoin have left and remain anonymous all the time, and therefore think it might be a scheme prepared to make a lot of money and I never spend too much time on these people.
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February 09, 2018, 03:34:10 PM
 #339

Not all people will understand the cryptocurrency, since not all people have knowledge about it.
So we need to make a move that will increase the knowledge of the public regards to the cryptocurrency since it is very important for the whole society to learn.
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February 09, 2018, 10:22:17 PM
 #340

It's really hard to understand someone who has no idea about virtual currency. To easy when they're Related to share market and online markets (like forex traders). They catch it easily. I use my first step with online wallet(like PayPal)
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February 09, 2018, 11:05:27 PM
 #341

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
This is not something to wonder about. Trying to explain something that is quite technical and complicated to someone who has not a glimpse or the slightest bit of idea of what you are talking about would be too much to absorb. Hence, all the information are undigested. It will take more than a single discussion about crypto for this person to get even a slight grasp of the system (generally...). Expectedly, he wouldn’t comprehend about 85% of what you have explained. Best thing to do is just give these people some basic info regarding crypto and leave it there. If he wants to know more then elaborate a bit. But do not go to the extent where you try explaining everything to a wall or tree, if you know what I mean.

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February 09, 2018, 11:45:04 PM
 #342

Ordinary people dont understand from the first time, but it seems they see cryptocurrency interesting.
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February 09, 2018, 11:49:48 PM
 #343

I usually direct them to a video I found on youtube. It does a great job explaining the general idea how it all works.
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February 09, 2018, 11:58:57 PM
 #344

I experienced the same thing but with the help of some youtube channels on cryptocurrency, friends are able to understand as time goes on. it needs time to understand this and people get confused the first time. And one thing I have realized is that if the person is eager to learn about it, it is easy for them to understand than trying to convince a friend to buy crypto.

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February 10, 2018, 01:56:17 AM
 #345

Yes they understand while i am explaining about the cryptocurrencies because i don't go with complicated explanation and only simple and very easy to understand. I tell them that the cryptocurrencies are digital money which is like the fiat currencies that we are using but it is only in the internet but the good thing is, they are advanced and very futuristic and have a lot of things to expect like more secured environment.
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February 10, 2018, 11:09:19 AM
 #346

ryt
i agree with u
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February 10, 2018, 11:33:10 AM
 #347

They find it hard to understand because some of them have no interest in it and if a person don't have interest in it no matter how good your explanation was  they still don't understand it.
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February 10, 2018, 11:43:09 AM
 #348

Personally, I have been sharing about cryptocurrencies over the past year to the mainstream, relatives, and close friends. There is a lot of question that comes up, I feel the curiosity is strong. The problem is the cryptocurrency is a rare thing, speculative assets. A new revolutionary economic system. And The problem comes up, many people didn't believe the untested and young economic system, and not all the people have to understand the technologies, so I found a bit hard in term of technologies about how promising the technologies of BItcoin.
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February 10, 2018, 11:49:12 AM
 #349

No, eventually they dont understand it in one night or in just one session of explaining it to others. Mostly those who have'nt experience in crypto so they dont have any idea. But me i dont have any idea before what us crypto but they by day of exploring i eventually used with the flow and understand it. Experience is the best teacher i guess.



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February 16, 2018, 10:55:47 AM
 #350

Yes, I told many to someone against someone who does not mind, so here 50 to 50%.
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March 01, 2018, 10:01:45 AM
 #351

I started investing since 2 years ago was very afraid but the profit came just a week after investing I was delighted.
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March 01, 2018, 10:19:23 AM
 #352

Most people i explain about bitcoin, can be a little more understanding because basically they are asking to me. They want to try to invest in bitcoin, but they still don't understand the structure and how it works, so they ask to me because has long joined cryptocurrency. In fact, many of my neighbors already know about bitcoin, but they are still hesitant to join using bitcoin. Everything changed when my neighbor was astonished because I became rich suddenly. And after that many neighbors who came to my house just to ask about bitcoin.

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March 01, 2018, 10:19:34 AM
 #353

Yes they simple understand explaining for posting bitcoin discussion and always participate to the campaign is simple to understand. One of my friend is a junior member now he is happy that he have known this industry and about bitcoin. Wise Explaining can convince your friend relate in the update situation they will easy to understand.

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March 01, 2018, 10:27:26 AM
Last edit: March 02, 2018, 05:48:33 AM by mylyn2327
 #354

It depends to the people who you talk to, if that person is interested surely he will understand it. But if you were explaining to people who's against or not interested in crypto, no matter how hard you explain they won't mind you. Like when I tried to explain about crypto to my friend, she just nod and said okay, end of conversation.  Unlike to my brother even it took us a lot of time I know he understand me because his interested.
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March 01, 2018, 10:40:16 AM
 #355

There are people don't understand what cryptocurrency.  This word is very new to those who are not well versed in the new technology.

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March 01, 2018, 08:10:21 PM
 #356

Not all understand bitcoin and want to perceive information about it, so I never start explaining cryptocurrencies myself, usually only interested people ask me about it. And they understand.

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March 01, 2018, 08:30:27 PM
 #357

People do not always understand me when I talk about bitcoin, so I have to explain for a long time what it is and how it works.

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March 01, 2018, 10:02:13 PM
 #358

If they are intelligent they understand the concept and you can explain a lot of the fundamentals behind Bitcoin to them. If they are not intelligent, it is terribly hard to explain and carry the conversation so it depends on who you are discussing with.

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March 01, 2018, 10:04:14 PM
 #359

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

some yes some know,

understand and support is different, people are diverse, ignore if they dont do, continue with those it works,

regards

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March 02, 2018, 04:08:08 AM
 #360

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

If you try to explain the peoples who have 0 knowledge about cryptocurrency, yes you will take some time.
but try to show them the cryptocurrency it self, not only explain but you can show them this community.

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March 02, 2018, 04:36:21 AM
 #361

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Sometimes they can understand me but some of them are not.  They are not willing to understand my explanation.  They are not interested,  so i just have to keep it that way.  But for those who are interested and keep on asking me about it,  i share with them my knowledge about bitcoin.

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March 02, 2018, 04:41:32 AM
 #362

Actually only few people that i have been explained this community my best friend,my cousin and a people recommended to me whos looking for profiteering,an thanks to Them coz they had listen carefully so after just 5 discussions investments followed,now they are a good member of cryptocurrency world.

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

If you try to explain the peoples who have 0 knowledge about cryptocurrency, yes you will take some time.
but try to show them the cryptocurrency it self, not only explain but you can show them this community.
What do you mean show them this community?sharing the bitcointalk?do you think its that simple to learn crypto by jusy reading?they need further explanation of every topic and question might cross theyre mind.
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March 02, 2018, 05:05:57 AM
 #363

when I explain cryptocurrency to family members and friends they won't understand they feel this is tech oriented and they are confused with crypto grahic address which is very confusing
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March 02, 2018, 05:15:15 AM
 #364

It depends on how easy and simple you introduce them to bitcoins as if they have never heard about bitcoins then you need to keep things simple and show them the basic things about bitcoins
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March 02, 2018, 05:22:43 AM
 #365

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
When people want to know me what is Bitcoin.I talk about foreign exchange.We can say Bitcoin earnings is the same thing in dollars.We can think about what the dollar is.Why do we use dollars.What comes from the dollar.People are easily understoodBTC Smiley Smiley

For me, I do not explain much about it, I focus on my own investments and my work so that I can benefit myself, because at first I try to explain to them about crypto currency, but they have trouble understanding what I say as what others do, I compare the fiat and crypto currency and try to explain what the benefits of crypto the currency. I finally answered so many questions that I got so tired of answering those questions.
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March 02, 2018, 06:16:40 AM
 #366

you know how that saying seen is believing is?thats how people are this days,any thing that has got to do with peoples money?they are always careful about it cause aint nobody wan loose money  that they don't have?so it's simple just show em proof that's the only convincing yo gotta do.
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March 02, 2018, 03:34:43 PM
 #367

I try to explain to people who easily understand what is bitcoin, because I often do post that can get money diforum this, but there are understand and some do not understand even there are misconceptions about bitcoin and berangapan it gamble onlein.

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March 02, 2018, 03:38:03 PM
 #368

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


Some friends who asked me about bitcoin didn't understand it despite of all the explanations that I did. I think they are curious but are still close minded about it. Some of them also thought of it as scam so I didn't bother explaining it to them over and over. When I explained it to my parents, they were very happy and understood it right away.
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March 02, 2018, 03:44:49 PM
 #369

I think it depends on age. Not 100% but I find younger generations understand the concept a little better than those who have been raised in a very different era with different values. The concept of money and tokenised value has been around since we started using paper money. Most people don't really understand what money is. As well as being tokenised value andreas antonopolus reduces it further and calls in tokenised trust transfer. Idont think anybody understands this to be honest. The younger generation don't look at technology and the digitised world as being foreign in the same way my grandmother does which I think makes it allot easier to conceptualise cryptocurrency and its value and benefits
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March 02, 2018, 04:06:17 PM
 #370

Honestly they dont,so im giving them an example like a chart and how to trade and buy and sell and then they know it a little bit quiclky,and i think it only depend on the people on how how do they eager to learn in this world of crypto.

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March 02, 2018, 04:10:46 PM
 #371

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I think what I know is not enough to explain the knowledge of cryptocurrency. When my friend wants to learn about cryptocurrency, I will give him a video on cryptocurrency to let them know before I explain it to him.
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March 02, 2018, 04:22:24 PM
 #372

Mostly they only understand cryptocurrency as the different trading method other than the traditional FIAT. They do not understand the other benefit of the cryptocurrency itself.
But as long as they only know the shell of the crypto, it would be fine for me. But if they want to know deeper and show us some interest in this world, that is where we tell them how the system work and in what way they can get it.

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March 02, 2018, 04:26:27 PM
 #373

I've been telling about bitcoin or crytocurrency to my friends or family. At the beginning they seem like don't understand at all. But as they are getting interested in crypto, they are getting it slowly. It takes time to get it. 

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March 02, 2018, 04:29:31 PM
 #374

https://i.imgur.com/a/OCLoc.jpgHi
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March 02, 2018, 04:41:20 PM
 #375

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
I , myself get through to this so hard as i am not a fan of reading, but when this bitcoin sounds so interesting to me and so i did. Explaining it to myself is very hard , i got through a lot of researches and studies. What i always to people who wants to know bitcoin and cryptocurrency is this " type bitcoin to google and read all the letters and words there." and if they have a violent reaction then they can't have any chances learning onto this.
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March 02, 2018, 05:06:37 PM
 #376

First i will explain about the knowledge of crypto currency to all my friends and also my relatives and my family who's interested to know about crypto and i sudgest also to watch a video in crypto currency to understand what it is and then i will tell them the concept of chart on how to trade and buy and sell and to know little by little to underatand clearly.
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March 02, 2018, 05:07:18 PM
 #377

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


No i dont think so. Crypto is so intense tht its so hard to explain what it really is. By definition it is but a Digital asset, and then what? Even when i started i find it hard to really grasp the meaning of crypto. Maybe until now i cannot call myself equipped with all the knowledge about crypto currency. I am continually learning new things and i'm actually enjoying it. Sharing to other people would seem so hard especially if you yourself are in doubt of the knowledge you have about a certain thing.
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March 02, 2018, 05:12:06 PM
 #378

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?


I tried to explain it to my workmates before because I want them to gain like how I earn but unfortunately, they just laughed at me and told me that what I was sharing the was a scam. Since then, I didn't bother explaining because it is my lost after all. I was just concern about them and I want them to have another source of income but they refused to believe it.
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March 02, 2018, 05:32:11 PM
 #379

It is very difficult to understand any people about anything which is totally unknown to them. Though this system is very use to understand but honestly it gives us so much pain to understand people about it. Most of the people just can not believe because they will not able to use it physically but if we show the legal information practically then they shows their positive emotion on it. We can not understand to the illiterate people about this system but literate people really want to join with this system after knowing properly about cryptocurrency. You have to show all the legal information with proof to understand perfectly to the people.
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March 03, 2018, 10:23:45 AM
 #380

I started investing since 2 years ago was very afraid but the profit came just a week after investing I was delighted.
You must be very much lucky then as you managed to have the profit in the very first week of your investment. Most of the people find it very much difficult to have some good profit due to lack of knowledge. The thing is you should keep on telling others regarding this concept of bitcoin and crypto currencies as this will not only help in their favor but will also result in increase in the demand of the crypto currencies in the international market.
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March 03, 2018, 10:29:57 AM
 #381

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

For those who are aware and always online in internet, it will be very easy to understand crypto currency if you will tell them. And for those who dont know crypto, maybe it takes time for them to understand it. Luckily my family are aware of this things so they are also part of crypto community Smiley

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March 03, 2018, 10:53:40 AM
 #382

I started investing since 2 years ago was very afraid but the profit came just a week after investing I was delighted.
You must be very much lucky then as you managed to have the profit in the very first week of your investment. Most of the people find it very much difficult to have some good profit due to lack of knowledge. The thing is you should keep on telling others regarding this concept of bitcoin and crypto currencies as this will not only help in their favor but will also result in increase in the demand of the crypto currencies in the international market.
At the expense if cryto's existence, still a lot of people don't understand on how this technology works. They lack knowledge about it and find it as a scam. What I do in my part is that I explain to them it benefits and how it affects the market positively.

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March 03, 2018, 11:03:11 AM
 #383

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
why should i need to explain to them?sucks would i gain some recruitment fee if i made them enter crypto?they are the one who will be needing this communitu but offourse they dont know yet,i wont spend my time to explain for them instead i will wait their approach for me to teach them

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March 03, 2018, 11:08:15 AM
 #384

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some friends are askin me about cryptocurrencies. I explain this to them by giving examples from fiat currencies. Creating similarity between fiat currencies and cryptocurrencies is a good technic to explain bitcoin and others to them.

None of my friends asked me about cryptocurrency, and I never tried to explain to them either. Never again.
They tend to be  close minded about it. Maybe they heard something negative about it prior to me explaining.
On the other hand, a few of my colleagues asked me once about it, then I started explaining, and  to my surprise they were pretty sesceptible about it. They appreciated cryptos.
It was not so hard to explain when they are ready to listen
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March 03, 2018, 11:17:52 AM
 #385

It is very difficult to explain to people who do not know crypto, because for the layman this method is very difficult. But we need time to explain to people who have never tried it, by slowly teaching it, he will understand for a long time.
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March 03, 2018, 12:49:12 PM
 #386

When the first time I introduced bitcoin to my friends and relatives it took some time for them understand bitcoin.Its very hard to explain  since they are new to bitcoin but now most of them are already engaged to bitcoin.

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March 03, 2018, 12:59:43 PM
 #387

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
At first I explained crypto to my friend they are very difficult to understand. And in the end I told them to search an article and see youtub. Because I have run out of words to explain it

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March 03, 2018, 01:07:44 PM
 #388

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
When I tried to explain the cryptocurrency to my parents, they were not interested in the encryption. When I explained to my friends about cryptocurrency, they didn't believe in cryptocurrency, they thought it was a hoax. I tried to persuade them to invest in bitcoin, but they didn't listen to me.
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March 03, 2018, 01:17:34 PM
 #389

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

At first they don't. Personally, it took me a while to get into Bitcoin. I thought it was a scam online so I never really tried to learn what this is. Only when a friend of mine introduced it to me as a form of passive income that I just have to hold onto did I get interested. People will have different styles of introducing Bitcoin and people will also have different intakes on the explanation. If you can't explain it in a way of how you want to portrait it then it will be difficult. Find a common ground and start from there.
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March 03, 2018, 02:03:51 PM
 #390

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Perhaps for the moment most poeple already know what is bitcoin market, but only the outline alone i.e. digital currencies. But as time goes by they will understand because it's been a lot of news coverage about the bitcoin.

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March 03, 2018, 02:09:38 PM
 #391

They totally not understand at first, it takes time to explain and it takes hard for them to convince specially now that networking scam is trend and they might think crypto or bitcoin is one of it. Explanation is not enough, you need yourself to be proven and tested bitcoin for them to believe.

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March 03, 2018, 02:21:39 PM
 #392

I have tried it many times and in many different type of persons and what I have realized is that people who have an education and are open minded they totally do understand about crypto otherwise it is very hard and time consuming to make them understand it.
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March 09, 2018, 04:52:28 AM
 #393

When the first time I introduced bitcoin to my friends and relatives it took some time for them understand bitcoin.Its very hard to explain  since they are new to bitcoin but now most of them are already engaged to bitcoin.


that is common, don't expect that they will understand it right away. for me before i introduced bitcion to my sister i ask her to make a research about bitcoin, so that by the time that i will teach all my knowledge, at least she have and idea of what im talking about, don't just talk about bitcoin, show them some of your sample work and show it how you did that task, and im sure little by little they would enjoyed it just like me. then show them also some of your proof of payment so that they will believe that you are really earning money in this kind of technology. as of now my sister is now  enjoying this forum so i think she understand and my strategy is effective.
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March 09, 2018, 03:28:09 PM
 #394

Generally speaking, they understand.
But I believe they don't need to.
People use the internet nowadays,
they don't understand HTLM, CSS, PHP, JAVA, etc and it doesn't matter.
They can use crypto without having to understand the tech behind it.
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March 23, 2018, 08:38:27 AM
 #395

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
this is really hard because before i enter in the forum i dont have any knowledge about bitcoin and before i didnt believe to my friend who tell me about this but when he get a lot of money i was amazed and i got a courage to use this so for me teaching about crypto to others is hard dont try because they will going to laugh at you.
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March 23, 2018, 09:07:31 AM
 #396

It will depends on how we explain/teach them about cryptocurreny. For example if you're lazy to explain them, they will not understand and they don't trust/believe you, but if you explain them very well and step by step like on how we start here so that they'll understand and will amaze in crypto world. Then they can start here with knowledge about cryptocurrency so that they can avoid from spamming or ban.
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March 23, 2018, 09:33:51 AM
 #397

I have tried it many times and in many different type of persons and what I have realized is that people who have an education and are open minded they totally do understand about crypto otherwise it is very hard and time consuming to make them understand it.

Haha. Absolutely. I also explained cryptocurrency to some friends and they didn't understand even I explained it a few times. Some of them even asked many times "For real, what cryptocurrency is?". So I just explained it in a very simple way. They might understand a little.

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May 04, 2018, 08:57:36 PM
 #398

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

This depends on the person's interest in the subject, rather than on their academic preparation or their supposed intellectual capacity. I have known people who are apparently very intelligent but with enough prejudices against bitcoin to try to understand objectively the importance of cryptocurrencies, but I have found a very positive response in people who, without having too much knowledge in technology or finance, show a great opening to learn new and interesting things.
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May 04, 2018, 09:10:17 PM
 #399

Relies upon who I'm conversing with. Lets say, a companion gets some information about it more often than not they won't comprehend it regardless of whether some are knowledgable in contraptions and specialists, it's difficult to take in at first. On the off chance that maybe I'm conversing with an old individual, theres a high possibility that they won't not get it perhaps due to the age hole.
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May 04, 2018, 09:21:13 PM
 #400

Most people don't, especially the elders (my parents for example ). I guess i am not a good explainer, because it's not that hard. For me at least.
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May 04, 2018, 09:26:19 PM
 #401

When I was new to bitcoin I don't have much knowledge about it. Even with the minimal knowledge I used to explain about bitcoin to my friends and most of the time I used to get into gambling with bitcoin. Seeing this my friends understood it as a gambling token. I tried the best to make them understand, but they have known about it recently when it got published with some articles in a magazine.

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May 04, 2018, 09:30:44 PM
 #402

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Whenever I try to make someone understand cryptocurrency, sometimes they do and sometimes they don't. I think it all depends on how open minded the person is and of course their background in today's progressive technology. But as I seen it, the person more understand me if they are around my age which probably means that they are more comfortable and open to someone from their generation.



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May 04, 2018, 09:42:10 PM
 #403

Basically, people always understand me, because I talk about cryptocurrency only to those who are interested in this. And they are immediately set to perceive even complex information about bitcoin and investment strategies.

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May 04, 2018, 09:51:31 PM
 #404

I tried many times to explain the btc to friends and relatives but I never managed to make it clear. When I explain the mining they think of the btc as if they were the shells that you find on the beach and almost always tell me that they do not trust a currency not guaranteed by the state.

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May 04, 2018, 09:58:05 PM
 #405

It all depends on the person and his interest in bitcoin. Often a person just does not need information about any cryptocurrencies, he just does not need it, so he does not perceive that information and does not understand.

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May 04, 2018, 10:04:02 PM
 #406

It all depends on the person and his interest in bitcoin. Often a person just does not need information about any cryptocurrencies, he just does not need it, so he does not perceive that information and does not understand.
Just told them it is somehow a stocks, an investment then they will know it unless they don't mind or your explaining to a child. Better have videos or illustration with you.


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May 04, 2018, 10:10:08 PM
 #407

Some of them understand and some of them don't. I can say that because when You think its too much for You too understand, then You will not and You will lose interest, hence, you remove your chance to understand the crypto. They surrender too quickly and didn't provide themselves a room for actual learning to understand cryptos. . Some of them are like that. But there are the others that tried to explore about it and invest some time and risked something just to understand how it goes. Still, this is not about how you explain, your little idea is enough and it is on them whether they explore it or not.

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May 04, 2018, 10:10:31 PM
 #408

I only explain to people who first open up bitcoin to me.i explain how to earn how to use and how bitclin change my life.i dont explain to some negative people that dont believe in bitcoin.some people think its scam so no need to force them to believe.

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May 04, 2018, 10:12:27 PM
 #409

I already introduced bitcoin to my friends and relatives but it makes difficult for them to understand even i explain them in a way that i know they will underatand but still they dont understand.Infact its really hard to explain to other people because they dont have any idea about bitcoin and bitcoin is just new.Maybe its better if i use a video bout bitcoin so that it makes eary to them how bitcoin works.
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May 04, 2018, 10:12:58 PM
 #410

if we explain to others about cryiptocurrency they are easy or difficult to understand it depends on how the person thinks. because VB people have a smart there is also a fool .
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May 04, 2018, 10:21:48 PM
 #411

Most often people do not understand me, because they know little about technology. But sometimes people listen to me with interest, ask questions, and even ask to help invest. All people are different, and everyone perceives bitcoin differently, no wonder.
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May 04, 2018, 10:23:59 PM
 #412

Most of the people who don't understand Bitcoin are the luddites who don't even know how the internet or a computer works. It's like trying to explain quantum physics to a baboon, of course they're not going to understand. Most of the people who are included towards computers and programming have already heard and understand about cryptocurrency, it will take some improvements to the ease-of-use and marketing of crypto to open it up to a wider audience.

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May 05, 2018, 06:19:58 AM
 #413

Teaching is tough for me. Well, it is really hard to teach anyone. Can the person understand? This will depend on the person’s intelligence. If the person can understand the credit card then it can be easy to make him understand. But to sense him properly “what is crypto currency?” then it’s possible if the person study better on this.
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May 05, 2018, 09:42:33 AM
 #414

It really depends on the person’s background and age. If person with tech background the chances are usually good that they understand. Most people don't believe, and they feel like they are getting into a pyramid scheme.
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May 06, 2018, 03:54:05 AM
 #415

My experience to explain about bitcoin is difficult because bitcoin is really different and really is needed of learning so while i'm eexplain they are confused but i'm happy because even though they have difficulty later they have
learned.it's really strange that bitcoin is a lot to do.
Of all the lessons ivs teach is not been interested in is men 18 years old and above but hopefully they understand the beauty of bitcoin and how much it helps
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May 06, 2018, 04:00:46 AM
 #416

Initially, it was difficult to explain Cryptocurrency to others who initially had not known about Cryptocurrency before.
As they slowly explain to them, they understand for a long time and are interested in learning Cryptocurrency.
To explain Cryptocurrency to others does require patience do not easily get angry if others we explain not understand.
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May 06, 2018, 04:14:05 AM
 #417

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

To be honest no. When I try to explain it to others they don't fully understand it. They have a hard time analyzing the concept of cryptocurrencies. I believe it takes a lot of time and effort to know thr cryptocurrencies deeply. You need to have an interest to learnand will. When you try to explain it to others be patient because it is really not that easy.

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May 06, 2018, 04:23:34 AM
 #418

well, we all know that cryptocurency is a so vast, and there are so many people that doesn't even know about it yet. in as much as that, people would understand if you do a nice explanation, and make it understandable.
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May 06, 2018, 04:26:46 AM
 #419

Initially, it was difficult to explain Cryptocurrency to others who initially had not known about Cryptocurrency before.
As they slowly explain to them, they understand for a long time and are interested in learning Cryptocurrency.
To explain Cryptocurrency to others does require patience do not easily get angry if others we explain not understand.
To be honest, no one, of all the people I have talk to, has understood the concept of cryptocurrency when I introduced it to them. They automatically think that cryptocurrency is a scam, since it is done in the internet. Perhaps, if I show them a few percentage of the fruit of my labor, then they would believe.

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May 06, 2018, 04:42:12 AM
 #420

Most of the friends call it a scam when I suggest it to them. In my opinion, one needs to all research on his own to be able to develop trust on bitcoins and start investing.
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May 06, 2018, 05:07:31 AM
 #421

at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Not really, and most of them don't believe in me, but its ok atleast i give them opportunity to know bitcoin, I play my part as their friends to tell them what i know so its on their hand if they want to study and learn about bitcoin on this forum.

At first attempt of explaining they don't understand about digital money and I am jumping about new technology they gradually adopt  bitcoin now adays mostly    community using computers and gadgets and so as digital   curriencies.
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May 06, 2018, 05:11:18 AM
 #422

some of them yes, they are understand! especially about blockchain technology itself.. they really like the concept behind it and they even think how to use it in the business.. 
as for digital money the concept is ok for them, but they do not  understood about origins of value of the coins..  they understand they the coins are finite, for example bitcoin, and there are some expenses to mine it.. but why it cost so high... they do not understand.
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May 06, 2018, 05:18:57 AM
 #423

Some people especially the old folks seems to get a slow uptake to cryptocurrency, they don't understand at first maybe because of their technological incompetence. The younger generations seems fast to take in cryptocurrency because they tend to know it because of social media and done some researching for themselves. It's a matter of time for someone to understand cryptocurrency depending to what they have been exposed to.
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May 06, 2018, 05:27:18 AM
 #424

I talk about crypto currency to those people who are interested in it. I do not involve anyone in this, I do not impose. I do not spend my time on them.
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May 06, 2018, 05:30:56 AM
 #425

When I try to explain the people about cryptocurrencies their first reaction was a scam and illegal .As I continue to explain them they understand and interested about the crypto .
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May 06, 2018, 05:32:48 AM
 #426

Many friends asked me, looking at how my life has changed! I usually explain in brief what it is, and give a link to this forum with the words - they have all the answers to your questions, it will be interesting to read!
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May 06, 2018, 05:38:09 AM
 #427

It depends on how easy and simple you introduce them to bitcoins as if they have never heard about bitcoins then you need to keep things simple and show them the basic things about bitcoins.
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May 06, 2018, 05:49:26 AM
 #428

It depends on the people you talk to, if they are open minded, into technology-internet, age and profession, sometimes those who are old and into profession they hardly understand no matter how hard you explain they just can't accept that this is now the norms...others are skeptic about it and still others are too young but can somehow learn in just a matter of time.

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