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Author Topic: when you try to explain people about cryptocurrency do they understand?  (Read 3547 times)
Rosilito
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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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