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Author Topic: My mother is 70 ...  (Read 1557 times)
arlinxoha
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November 04, 2017, 06:10:56 PM
 #61

My mother is 55 years old. He does not understand so much about technology. Not only that, many older people like him are not dependent on technology. When I first started using Bitcoin, this is the first thing I told my mother. He did not believe it. He said it is fake. When I started earning money, my mother became interested in BTC. But now I think my mother is smart enough to understand these things.

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November 04, 2017, 06:27:59 PM
 #62

You can do 3 transactions with average fee of 10$.

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Rosa Paula
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November 04, 2017, 06:39:30 PM
 #63

My mother is 48.I told him about Bitcoin.He asked me to find a job Grin Grin
And I wanted some money saying he did not buy any virtual currency.Although I know how much I benefit Roll Eyes
vaughn125
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November 04, 2017, 06:56:47 PM
 #64

Wow, it sure is awesome to have an open minded mother specially at that age. I can only imagine how great your childhood and teenage years having a mother like that.

Now, although it is great that a lot are already getting into bitcoins and are getting curious about it, the fact that most of the time, the new comers into the crypto world only joined for profit without understanding what bitcoin really is and how it works is quite disturbing. Because clearly, this might cause a lot of these people to lose a lot of capital considering the fact that they do not know much about how the prices works. Amd thisay result in a lot of people calling bitcoins and the crypto world as a whole as a scam. Which is clearly not healthy for bitcoins. But still, having a lot of traffic is better than nothing. It'll be their fault if they happen to lose a lot of money for investimg without having enough knowledge about what their getting their funds into.
jizenlianyong
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November 09, 2017, 09:09:06 PM
 #65

At least you have a very advanced mom Smiley
But you still need to explain the entire system better, after all, 30 dollars will not bring significant profits.
Andre_Goldman
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November 09, 2017, 09:44:47 PM
 #66

We talked about bitcoin today on the phone.  She asked me if she gave me 30 dollars if I could invest it for her.  I explained the volility of the coin that we could go from 100 to zero just like that.  She still wants to put in 30.

That tells me while we may not be mainstream yet, we are getting there.

I guess she was like ... I'm 70 ... 30 = 100 ok ... bet accepted ... you should then make a smart contract with her ... only withdraw for health food investments ;-)

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Saimabutterfly
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November 09, 2017, 09:57:06 PM
 #67

Interesting. I also told my father (75 years old) about bitcoin a year ago and he showed good interest. Age doesn't have to do anything with bitcoins i believe.

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November 09, 2017, 09:59:46 PM
 #68

There is a very enlightened elders, and some even laptop not include
jekjekman
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November 09, 2017, 10:09:34 PM
 #69

At least your mother trust you with her $30 worth of money instead of nothing so for me it is a positive thing though but we all know that in investing we need a good amount of money to get a good amount in return, just like the saying that 'the higher the risk the greater the return', your mother wants you to do what you want to do with that money because she wants you to practice your mother and son relationship trust with money and that's good thing.

Maybe she knew that bitcoin was less than $1 before and thinks that it will happen again, the massive growth of it. $30 is so small for now with Bitcoin but it is an investment no matter what. I really don't know what is getting mainstream in Bitcoin all about because $7,000 value is so big now for any other currencies that is available in the world.
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November 09, 2017, 10:14:58 PM
 #70

I respect people who always want to know more and develop
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November 09, 2017, 10:26:06 PM
 #71

My mother is near 70 years and she doesn't like banks,
but it's difficult to understand for her the difference of cryptocurrency compared to bank system.
I think is something will get power trough generation
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November 09, 2017, 11:05:57 PM
 #72

you can earn the double you 30$ in 2week with trading or invest in btc and wait the price hight
degaga15
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November 09, 2017, 11:13:10 PM
 #73

if mom asks 30 dollars from me, then i will give it for free instead of investment. but if i have a lot of bitcoin then i will love more than.
TomUyamot
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November 09, 2017, 11:14:02 PM
 #74

We talked about bitcoin today on the phone.  She asked me if she gave me 30 dollars if I could invest it for her.  I explained the volility of the coin that we could go from 100 to zero just like that.  She still wants to put in 30.

That tells me while we may not be mainstream yet, we are getting there.

That is cool, mate. A 70-year old mom is still very much aware of Bitcoin and its potential. That is really a very welcoming news considering that Bitcoin investment is more often perceived as a thing for the young and the techy. And suddenly here is an old woman who wants to invest in Bitcoin. I bet she is regularly exposed to some discussion about Bitcoins since you are a Bitcoin investor yourself?
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November 09, 2017, 11:16:49 PM
 #75

I think you need to explain it in more detail, like how bitcoin work like? how to invest her how ?? what kind of security ?? Sometimes explaining to the elderly takes a lot of time so they can understand
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November 15, 2017, 06:29:00 AM
 #76

my mother can certainly accept with the convenience to invest in bitcoin. he is very fond of the concept offered by bitcoin and believes in the benefits of bitcoin

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November 15, 2017, 06:34:10 AM
 #77

I think you need to explain it in more detail, like how bitcoin work like? how to invest her how ?? what kind of security ?? Sometimes explaining to the elderly takes a lot of time so they can understand
It is true. sometimes to explain it all takes a long time with a detailed explanation to be able to entrust it all to an older person. I also like that when explaining to my mother. and finally he agreed to invest in bitcoin

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November 15, 2017, 06:36:34 AM
 #78

I think there are some who wanted to test if investing in bitcoin is good. Starting in small amount first and probably look more into it if their investment is successful. But it might take a while before it goes mainstream.

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jhongzjhong
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November 15, 2017, 06:59:57 AM
 #79

We talked about bitcoin today on the phone.  She asked me if she gave me 30 dollars if I could invest it for her.  I explained the volility of the coin that we could go from 100 to zero just like that.  She still wants to put in 30.

That tells me while we may not be mainstream yet, we are getting there.

Maybe one your mother friend talking about bitcoin but it seems she's doesn't know about the idea of bitcoin that's why she call you, that's a loving mother. That's why she wanting to invest money in bitcoin since she did know about this. I can't imagine a 70 years old mom got interested on bitcoin to invest that bitcoin has more profitability. I salute you mom I hope my mom just like her too.

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November 15, 2017, 07:55:08 AM
 #80

Interesting. I also told my father (75 years old) about bitcoin a year ago and he showed good interest. Age doesn't have to do anything with bitcoins i believe.

Truly age is only just a number and there's always some people who proves that.
Your parents are damn cool thinking elders always think that technology is just a piece of shit and they shouldn't bother with this and just enjoy their lives. But yours are different like they always welcome new ideas and that will be helpful to your family as you can all be profited to this.

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