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Author Topic: when you try to explain people about cryptocurrency do they understand?  (Read 3615 times)
Malamok101
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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'
Edrian
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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.
Spain2000
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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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Zabrielle
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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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