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Author Topic: BitCoin Is Too Complicated for Average People!  (Read 4367 times)
imteaz (OP)
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November 03, 2017, 03:17:53 AM
Last edit: November 03, 2017, 01:16:43 PM by imteaz
 #1

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

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November 03, 2017, 03:36:51 AM
 #2

There are many services that make it easy to buy and use Bitcoin, and further development along those lines is going on all the time.  Keep in mind you don't need to understand the Federal Reserve and all the details about the banking system, credit card systems and so forth to use dollars. It's the same way with Bitcoin.

Signing up with Coinbase or Gemini is no more difficult than getting an account anywhere else, and linking a bank account to them is no different than setting up auto-payments for things like a mortgage bill. As far as fees go, if you are paying 5-7% you are doing it wrong. For example you can do an ACH transfer from your bank to Coinbase, transfer the money from Coinbase to GDAX when it arrives, set a limit order on GDAX to buy your bitcoin, and then transfer it to your personal wallet. The fees for doing all of that? Exactly 0 satoshis/cents.

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November 03, 2017, 03:38:37 AM
 #3

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
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November 03, 2017, 03:42:16 AM
 #4

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.
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November 03, 2017, 04:00:02 AM
 #5

Quote
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it. What is your opinion on it? Discuss...

The thing here is that there is no official Bitcoin site much more  selling Bitcoin at lower fees. You see, this has been one of the many problems that is boggling Bitcoin since time immemorial and we are still waiting for the adequate solutions that can take this problem head on. High fees are actually anathema to Bitcoin as it is supposed to be efficient and low on fees (at least compared to traditional money transfer protocols).

Nonetheless, Bitcoin is not really that so complicated to get into as long as you are not focusing so much on its multi-faceted technical aspects. Just simplify things and you can see the bigger picture here. Of course, as in anything in life, there would always be some learning curve especially if a person is still unbaptized with Bitcoin. We have no choice but to learn and anybody can do it slowly no rush at all so no information overload can crop up.

Bitcoin and cryptocurrency is evolving and is now considered to be a very exciting and pulsating field of concern. In fact, there are now schools offering courses on this matter and they are getting to be popular with students.
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November 03, 2017, 04:04:08 AM
 #6

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
that's right. I also think it is quite complicated. It takes a lot of time to get used to it. I think in order to get acquainted with it quickly, new entrants to invest btc should learn some knowledge and how to make deals from people they know. That will save time.

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November 03, 2017, 04:06:50 AM
 #7

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Like you said the bitcoin transaction fees is not suitable for the normal people but in future the value of the bitcoin will be many times than the value while he bought that so its ok to pay some fees.
I don't think it is hard to know about these things like where to buy and where to store we are humans we will know there things by daily using that we dont have facebook or other social media before 20 years so we learned how to do that now.So everyone will learn soon how to use buy the bitcoin and how to store them in a wallet.

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November 03, 2017, 04:09:52 AM
 #8

i agree that bitcoin is complicated but that is only because bitcoin is different, it is no longer like what we used to do before bitcoin like using banks, using services like Paypal,... now we are having all of them in one place. we are our own bank. and that makes it a bit complicated for newcomers to adapt.

but i strongly disagree with saying bitcoin is "too complicated".
and you talk a lot about buying fees, but that has nothing to do with bitcoin being complicated or not! that is just the fee that some third party service is taking in order to take your worthless fiat and give you valuable bitcoin Wink

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November 03, 2017, 04:10:01 AM
 #9

i dont see the complicated thing about bitcoin if you associated it with wallet, trading, fee etc. People who said that it's too complicated means they easily give up before try doing it or it's language problem things  Grin because every time you wanna make wallet for example the website certainly include tutorial how to create wallet in their website so everyone knows how to do it. Fees etc?simple thing to understand it is like taxes for your transaction.
And as addition every people i met will understand what is bitcoin if you explain it to them

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November 03, 2017, 04:15:16 AM
 #10

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
that's right. I also think it is quite complicated. It takes a lot of time to get used to it. I think in order to get acquainted with it quickly, new entrants to invest btc should learn some knowledge and how to make deals from people they know. That will save time.

Im more concerned with the security aspects. As evidenced by all the hacks that happen on the board on a given day. the average person using a computer really doesnt have good security. you can have a decent virus scan, hell you can have the best virus scan. malicious programs arent the only attack vector in this space; you must also be wary of social engineering attacks. the average person has enough information on their facebook profile to have underlying account compromised, like your phone. if your phone is compromised, sometimes your 2fa via text will be compromised.

which is as good as having your private keys Smiley
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November 03, 2017, 04:27:17 AM
 #11

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
This is exactly the reason forum is made for , people  new to BTC would come to know more about it by participating in the forum , they would get to know many things about BTC with different veiws from different people .

I mean most of us came to know about BTC by this forum .the people would then invest their time on forum instead of social media sites .
Then I don't think it would be hard for a normal person to use btc .
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November 03, 2017, 04:54:20 AM
 #12

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet.

A 5 year old kid could use the internet well these days. We live in the internet generation, we should adapt and learn or be computer illiterate. That is your choice.

Quote
You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

There is no way to avoid it. If you truly want to have Bitcoin as an investment, you have to pay the fees.

Quote
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

You will get used to it. There is a learning curve to overcome but it becomes easier. Do not worry.

Quote
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

There is a currency exchange sub forum, try to look for better deals over there. If you want a simple wallet, make an account in Blockchain.info.

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imteaz (OP)
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November 03, 2017, 04:58:25 AM
 #13

For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.

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November 03, 2017, 05:10:58 AM
 #14

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
People usually give up learning bitcoin because of the lack of knowledge in economics
They dont understand the basic but can learn if they are willing enough to understand bitcoin. Making/Uaing a wallet, transferring and receiving is one of the main reasons people give up. They find this processess hard to understand.
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November 03, 2017, 05:17:00 AM
 #15

I dont definitely agree but not really disagree either when I am discussing bitcoin with my friends and how Im making money in world of cryptocurrency I find them really puzzled on what I am saying them yet in my experience since I meet bitcoins online the first time I just make my own research to have a full understanding and as time pass I learn new things. So I conclude that in crypto/btc a person just need determination to learn.

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November 03, 2017, 05:18:49 AM
 #16

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.

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November 03, 2017, 05:20:36 AM
 #17

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Well I kind of disagree with you. Its a new technology yes, and that is why it may take some time for people to completely know it in and out, but same thing happened when computers and launched and when smartphones were launched, and now see where we at. Even a 10 year old knows his way around these systems, so its just a matter of time and interest. People will eventually get the hang of it pretty well.
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November 03, 2017, 05:23:28 AM
 #18

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
I think is not complicated but just not quite conventional people are just not able to get it when they use it for first time. Saying this I really agree that fees by exchanges and thirdparty wallets have gone way too high. Especially when you want to send small amounts of btc.
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November 03, 2017, 05:31:28 AM
 #19

i don't think so.
based on my experience with the "Average Joe", i see they are understanding bitcoin well enough and when it comes to using it they find it somewhat hard but not that complicated. it just takes some small time to get more familiar with bitcoin and how it works before you feel easy.
the only thing that is complicated for average people is the price and how it moves up and down a lot. in other words the volatility and the fact that it is unpredictable.

Buying the dip...
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November 03, 2017, 05:31:35 AM
 #20

It is not too complicated, I think it is really simple to used bitcoin, nowadays a lot of websites had already implemented an easy way to buy bitcoin, and to used it, its very simple just send the amount to their recipients wallet address, if you think it is difficult to used, its means that you either misunderstand about bitcoin or you get too technical
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November 03, 2017, 05:35:09 AM
 #21

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
There are some imple way for use the bitcoin, just download the mobile wallet and you will be able to generate the bitcoin address and you can use it to send or receive the bitcoin.
it seems to be a simple thing or step in my opinion.
But to learn about the how crypto works is really fun.
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November 03, 2017, 05:45:45 AM
 #22

Just like the internet in 1998 or 2000. Bitcoin is still in the early phase and there might be some misconceptions about it among the general public. However, it is a very bold statement to call it a complicated thing because we are still dealing with the issues and developing it. There were the people who had issues with the internet in the early phase but now we all are using it in our day to day life, it is more user-friendly, developed and getting cheaper & faster day by day. I am sure Blockchain based products will go through the same phase but with a rapid speed and we will get used to it in the coming years.
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November 03, 2017, 05:54:06 AM
 #23

I don't think so. day by day Bitcoin is getting popular currency and profitable platform for making the profit. I don't think that Bitcoin system is too complicated to make understand. although it is Based on the internet, but this platform is very user-friendly. But I don't know what do you mean by average people. if they have the internet access then they are able to connect with this system.
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November 03, 2017, 05:55:28 AM
 #24

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

It looks complicated but in reality it is quite simple. Anyone who has average knowledge about the computer, knows how to operate the apps and have basic internet connection can easily learn about the bitcoins. There are so many tutorial videos available on youtube which helps to understand the bitcoins. People should spend more time on this forum which is the best way to get familiar with the bitcoin community.

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November 03, 2017, 05:57:09 AM
 #25

There's no way Bitcoin can be considered too complicated for the average joe. Everyone has a smartphone nowadays so they're exposed to technology on a daily basis. I'm guessing most of these people are also using online banking of some kind. Bitcoin is not too different.

The only reason it seems daunting is because the entire process seem a little clunky. People are used to just pushing buttons, whereas on Bitcoin transfers, you need to copy and paste addresses. Confirmation isn't instant either, and it's anyone's guess how long that will take. Other than those small speed bumps, it's a very straightforward process.

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November 03, 2017, 05:59:28 AM
 #26

Your Average Joe opened a bank account and use a mobile phone every day. They go to a ATM to withdraw cash and they use credit cards for payments. Why would it be that difficult to signup at a exchange and to buy and sell bitcoins? In most African countries people use M-Pesa on their mobile phones.

Why would Bitcoin use be any different from using services like PayPal or Debit cards? People gets bogged down in the details and then they over complicate things.

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November 03, 2017, 05:59:36 AM
 #27

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's even possible not in commissions, but in the very cost of bitcoin now, plus people then understand that it will not last long, that's all it scares. Better then what is now than later to remain with nothing.
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November 03, 2017, 06:02:34 AM
 #28

I also agree that Bitcoin is complicated for aversge people with the current price of Bitcoin they will not be able to afford to buy or they will not be able to invest. They also cannot hope to get rich in doing faucet because we all know it is a waste of time only. so the only chance they can start on Bitcoin is doing Bounty here in bitcointalk.org and invest there time in completing bointies.
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November 03, 2017, 06:08:43 AM
 #29

Yes I agree bitcoin is complicated, because I myself have experienced it, but with the passage of time it is not complicated we will easily run bitcoin because of our habit. So remove the complicated word first before you try it because then you will still step without any word surrender. That is where you will succeed with bitcoin.

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November 03, 2017, 06:10:06 AM
 #30

For my own bitcoin, please know for sure and not everyone can trade it. Because the current price is too expensive it takes big money too. But if you invest the person will have a lot of money if invested in a long time
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November 03, 2017, 06:13:53 AM
 #31

no it is not a complicated work for any average people it can be done by any one if they have a certain knowledge about crypto currency
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November 03, 2017, 06:15:59 AM
 #32

No i donnt think soo.yeah bitcoin and cryptocurrency is a broad suject thats true but it is not a complicated or you dont need a good it knowledge or someone else you have a learn about bitcoin in step by step by experience
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November 03, 2017, 06:16:49 AM
 #33

Well i certainly believe that it is simple and easy once you were interested, and opposite or its complicated when you weren't interested. Simple as that, and technically, when you are interested to something you wont hesitate to try or learn about it, unlike you are not, that you will just keep on complaining and just let it pass you.

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November 03, 2017, 06:17:50 AM
 #34

I assume average people you are referring to has a mobile phone or computer and can access internet.

People nowadays are exposed to modern technology even the youth thats why bitcoin is not complicated to teach anyone to use this.

Its very simple to read instructions and signing up. The bank has mobile banking and even bills are now sent via email, not different in bitcoin. It can be easy to understand just like regular currency and its not unusual.

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November 03, 2017, 06:17:57 AM
 #35

Bitcoin as a crypto currency that has a lot of technological aspects which is quite difficult for some to understand this mainly the reason why it became complicated for those average member of the society but the good thing is this issue can be solve with the help of other people, all of us can help them to understand bitcoin its nature, how it works and how to deal with it. We are heading with this new era of economy we can't help but adopt this system for a much better life and secure future.
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November 03, 2017, 06:19:18 AM
 #36

I don't think it's a big problem to deal with all these platforms.
Maybe people are giving up, because they're afraid of losing and spending money?
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November 03, 2017, 06:19:53 AM
 #37

Yes, if bitcoin sell coins on their official website, with lower fees more people would buy and use bitcoin. But they can't do that cause bitcoin won't be decentralized anymore once they do. However, there is no complicate issue concerning bitcoin and for the people that give up easily, they will blame themselves when the time come.

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November 03, 2017, 06:28:24 AM
 #38

Bitcoin does not seem to be much complicated to use.It is just like using normal currency in digital transactions.
Just we have to download a wallet to send and receive bitcoin.
Just check the current price in Preev.com.
Just google and see which exchanges sell bitcoins.
Convert your bitcoins in to cash in localbitcoins.com.

That's it.

Bitcoin is another form of money and if you still find it difficult to do such actions to use it,then no other thing could be done for such lazy guys.

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November 03, 2017, 06:30:37 AM
 #39

 ;)Yes, it's a little esoteric, a little complicated. Zhong Ben Cong is too fierce Wink
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November 03, 2017, 06:43:08 AM
 #40

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

if you are new then you can say it is complicated and those that give up easily are not interested in bitcoin. you yourself is making it complicated. doing bitcoin is fun if you are interested in it
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November 03, 2017, 06:50:25 AM
 #41

I agree with what you are saying 100%. I tried sharing Bitcoin with my family and friends. Not everyone was very open to it. Because of it's complexity, people would easily dismiss the idea as a whole or tag it as a scam. It's ridiculous. Even when I use materials that are so simple in explaining it, I am still unable to convince all the people I talk to 100%. However, I've also come to a realization that it is not for everyone. Even with basic technology, not everyone is willing to accept. This is similar with cryptocurrencies.
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November 03, 2017, 06:52:43 AM
 #42

if you deep into any other subject technology details, it certainly will get too complicated for an average person. do you need that to use the product of that technology? though bitcoin does require to become familiar with some new issues and routines, like how to .... and internet security, but you would go the same path for any other new thing
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November 03, 2017, 06:56:55 AM
 #43

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

if you are new then you can say it is complicated and those that give up easily are not interested in bitcoin. you yourself is making it complicated. doing bitcoin is fun if you are interested in it

Yep bitcoin is easy to be used for right now even right now we can buy and sell just by smartphone Android or iPhone, many applications out there can do it, when we used the bitcoin doesn't needed knowledge about the programming language.
When used bitcoin we just need basic knowledge of the bitcoin are like send and receive the bitcoin, secure the private key on right place all of this knowledge are available on the internet.
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November 03, 2017, 06:57:55 AM
 #44

The internet was also very confused for average people at some time. With the new generation, the internet has become something everyone knows now. Bitcoin will also become a used currency after many years, known by everyone like the internet.

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November 03, 2017, 07:01:52 AM
 #45

From my opinion, yes it is, bitcoin is just too complicated for normies that rarely surf deeper into the internet or never ever trying to know how things work in the internet. and these people, also rarely use paypal aswell
Maybe some people need to develop a software that making the usage of all these cryptocurrencies easier, without the need of knowing the basic knowledge of what is address, sha-256, json, or else.
But man, if the guy you explained that further with the most possible simplest material still don't get it, better to leave it out.

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November 03, 2017, 07:16:29 AM
 #46

Yes, for those who dontbhave interest in bitcoin. But in course of time and if you really like to learn i guess its a simple math technique.
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November 03, 2017, 07:22:39 AM
 #47

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

It's true that Bitcoin might be too complicated for less tech-savvy people, but the thing is, younger generation is very comfortable around computers and apps, so it won't be a problem in the future. And since Bitcoin is still young too, this is not really a big problem, in 10 years most people below 40 would be quite comfortable with using Bitcoin. And when something is being mass adopted, younger generation will help older generation, just like it happened with smartphones and the Internet.

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November 03, 2017, 07:24:43 AM
 #48

It depends on what activity you are into. Trading, ofcourse, requires sufficient knowledge and strategies to be mastered. It also requires much of your time because you have to keep track of your coin's market situation to be able to know when it is best to buy or sell them or which among your owned coins have high demand in the market. But when you are still a newbie, make sure you read threads and discussions in this forum because that will help you understand bitcoin more. So far, bitcoin is the easiest coin to manage. Also, the price of alt coins are much harder to predict compared to bitcoins.

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November 03, 2017, 07:37:37 AM
 #49

As it requires some basic knowledge about Internet as well with the related technology factors it's not that easily used by the average people who contribute a major percentage to the population. When years pass it would be so user friendly than the present, and even now apps has made it more user friendly if they have a small knowledge in operating and understanding the step by step procedure.
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November 03, 2017, 07:42:43 AM
 #50

You may be right for that, but I think if they want to learn and follow the process, maybe they will understand, because I think to know it all takes time and learning, if they do not want to learn and never follow the process, I'm sure they will never understand forever.
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November 03, 2017, 07:59:13 AM
 #51

Well I don't believe in TOO complicated, I believe in teaching people. I remember how hard it was to learn how a computer works or how to use the internet back in the old days, but we learned pretty quickly. As always, those who adapt and want to learn will profit, those who cry "too complicated" will be left behind.

But as I said, computers were too complicated for the average people 30 years ago and look where we are now. It won't take that long before blockchain technology will be very accessible and user friendly. 
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November 03, 2017, 08:22:35 AM
 #52

I don't think so. Its very easy to understand and use. Anyone can get use to it in a short period of time.
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November 03, 2017, 08:26:51 AM
 #53

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Well no pain no gain, no efforts no money, Bitcoin is not some science or algebra that you need to understand, it's a simple currency you buy it like you buy and sell stocks, like you need to buy a stock you contact a broker who places that order on the exchanges, that's how simple it gets. People often misunderstand this whole concept of Bitcoins, thinking it's difficult and complicated, but in reality it's very simple and easy to understand you don't need to do anything that great.
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November 03, 2017, 08:28:37 AM
 #54

That would depend on your definition of average, OP. Almost anyone can have access to the internet or own a mobile device even without any educational attainment. However, those are not enough for you to utilize bitcoin and cryptocurrency properly. One would have to be able to understand the use of a wallet, the fluctuations of the prices and at least basic knowledge about blockchain technology otherwise they might get lost while using it or even worse, misuse it. Surely, bitcoin is not simple to a lay man. It does not require high intelligence but its features would need some understanding and a bit of skill.
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November 03, 2017, 08:48:14 AM
 #55

What is initially complicated is understanding the personal responsibility of being your own banker holding your own keys.

Once you get past that hurdle it is fairly easy, and seems easier as one acclimates to the increased responsibility.

This is not some whimsical game, this is real life finance where you are the boss. Once you understand that it is easy.
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November 03, 2017, 08:49:55 AM
 #56

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.

That can be said at first glance. However, I think that even "ordinary" people (ordinary -- I mean not business inclined) can still learn the ins and outs of the bitcoin market, if they would put the time and effort in learning it. In many third world countries, most bitcoin users are self-thought and didn't really learn about business at school or professionally.

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November 03, 2017, 08:54:06 AM
 #57

This is true, I've known bitcoin for 4 years. However, I still have a lot of things to learn about it. Bitcoi  is to complicated and complex to understand.
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November 03, 2017, 09:03:09 AM
 #58

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
People who use Youtube and Facebook should have no problem using Bitcoin wallet and Bitcoin as currency. It is peoples will, they do not want to engage, they think that Bitcoin is something that they don't need, because they have their money (dollars or some other currecny). Paying for fees when buying and selling is part how that company make money. When you go to exchange office they take fee too. To using Bitcoin you don't have to know blockchain technology. Bitcoin is not complicated, that would say only persons who are not interested in Bitcoin.
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November 03, 2017, 09:43:11 AM
 #59

there are different level of BTC technology, it depends how deep you want to go in order to understand it fully.
You have money and want to surf the BTC wave? alright, you just need to know what's an exchanger, the meaning of offline wallet and just some basic info about stock market (which you might already have with options, it works in the same way).
What to go deeper? deal, you have to learn what blockchain means, why you need x confirmation for the transaction and so on.
"we need to go deeper", that's up to you at this point.

First layer it's quite simple to be honest (not easy, simple), then it gets a bit more complicated (nothing very hard for an average person), the other layers are for people who are curious about this technology and not just about BTC market value.
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November 03, 2017, 09:44:48 AM
 #60

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Yes, your suggestion is a great idea. I believe that it will happen by time as bitcoin is being popular to many countries today. As many people willing to invest, most of those who managed wallets will create a newbie friendly registration and also lessen the transaction fees.
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November 03, 2017, 10:03:44 AM
 #61

Nope I don't think that it is really complicated to understand .
There are to many ways to make it easy for every to use it there are tons of online wallets that you could choose to use,
And you could use it to purchase or sell your bitcoin into cash.

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November 03, 2017, 10:08:54 AM
 #62

I don't think bitcoin is complected for average people but they had to follow and learn the usage but its not so much worry if we will continue working on it ,it will become easy for us  

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November 03, 2017, 10:09:44 AM
 #63

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
I think it's pretty complicated for beginners. For example, it takes me a lot of time to get acquainted with them. If you are passionate about it you will feel it easier.
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November 03, 2017, 10:15:14 AM
 #64

yes, BitCoin Is Too Complicated for Average People.

For one simple reason. You have no mail/call-center/physicalperson  that can help you if you have problem or make mistakes.

This can be a very huge obstacle.

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November 03, 2017, 10:18:00 AM
 #65

There's no way Bitcoin can be considered too complicated for the average joe. Everyone has a smartphone nowadays so they're exposed to technology on a daily basis. I'm guessing most of these people are also using online banking of some kind.
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November 03, 2017, 10:18:07 AM
 #66

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
I think it's pretty complicated for beginners. For example, it takes me a lot of time to get acquainted with them. If you are passionate about it you will feel it easier.
for non-techie people, it is hard to understand the technology behind it, but if we willing to learn more bitcoin, I'm sure there is a pretty good explanation for the average user. in my opinion this is the problem why bitcoin is not yet widely used, people got FUD because they do not understand clearly the technology.
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November 03, 2017, 10:20:26 AM
 #67

Bitcoin is no more complicated than anything new once people have a basic grasp of what it is and how to use it there is no problems.

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November 03, 2017, 10:57:38 AM
 #68

There's no way Bitcoin can be considered too complicated for the average joe. Everyone has a smartphone nowadays so they're exposed to technology on a daily basis. I'm guessing most of these people are also using online banking of some kind.

yep, online banking. But if you need help with your online banking there are people payed to help you! With btc no!
How can you not see the difference?
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November 03, 2017, 11:12:47 AM
 #69

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Not too complicated to explain to those average people you mentioned.  After you telling them about bitcoin,  surely they have a negative think back to your story about bitcoin,  but suddenly they have more tougths that,  what if hes right, what if always comes to there mind and to trigger them to make their own research about you told to them and thats the start to them to get involve into bitcoin world.  A people who wants to learn are always making his own way just to learn more.
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November 03, 2017, 11:14:17 AM
 #70

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
Actully things are very decentralized and its not in bitcoins hand ,although there you can buy bitcoins but fees will be very very high and that is no good.
Also there are may ico are working on to get this tech only problem to be solved .
So i hope in future we have a soultion which enables normal people to buy or sell bits easyly.
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November 03, 2017, 11:14:57 AM
 #71

I don't think its too complicated, people just need more education on the subject!

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November 03, 2017, 11:36:41 AM
 #72

Many people use their mobiles or laptops/PC only for to watch youtube, facebook chat on whatsapp and other social media sites. Many people don’t have computers at their home, they use it only at their work place. For these and many other non mobile and computer using people, it is quiet difficult to understand and use bitcoin. Coaching classes are there for how to operate computer but no guidance centre or class is there where they can learn various functions or operations of bitcoin currency. First buy mobile with mobile wallet, then have internet connection. Account opening process is quiet complicated and expensive, first you have to buy bitcoins from different sites and then transfer them to desired exchange for trading. All these things are quiet difficult for an average person of any country.

 
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November 03, 2017, 11:47:09 AM
 #73

I don’t think that bitcoin is so complicated and hard to teach to an average educated person, nope it’s not. Maybe you have done it wrong, the fastest way and the easiest is for you to do it actual. This is the only options I have for them because doing some reading and talking is not my thing.

So every time you think about bitcoin, look at is a experienced based knowledge that has the potential worth leaning in a personal setting not on chats or video calls.
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November 03, 2017, 11:50:01 AM
 #74

Too complicated especially when they're not interest Bitcoin as their major income and for those who aren't much into investments and trading. Business minded people are seeking additional sources of income because that's what their parents teached them to become.
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November 03, 2017, 11:53:39 AM
 #75

not really if you read the whitepaper of bitcoin it will enlighten you about what really bitcoin is, it maybe because bitcoin is new to our ears hearing it at first its too jargonic we just have to be updated to the advancement of technology

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November 03, 2017, 12:13:28 PM
 #76

I guess it's not that hard, it only takes one wallet online to do that, with your online wallet. you can buy and sell bitcoins anytime and anywhere you want.
It`s true, bitcoin sites sell coins, I think it is one of the facilities to get coins, so we can start trading with bitcoin, without having to wait long from taps that provide bitcoin for free.

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November 03, 2017, 12:14:22 PM
 #77

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.

I think the same way, it is not actually complicated to learn on how to use actually I saw many facebook users in my country are becoming aware about bitcoins and I noticed that most of them are starting to use bitcoin not as a currency but as a way to earn money online

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November 03, 2017, 12:19:32 PM
 #78

Well, normal people need to make an effort. I thing the bigger problem is not the complexity but rather the trust in Bitcoin. Many don't understand the technology and see it as voodoo magic. It needs to be explained in schools and universities so that people understand how blockchains work.
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November 03, 2017, 12:35:31 PM
 #79

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

well, if they feel complicated and difficult to learn about bitcoin, they better not enter a cryptocurrency world. Because they've already give up easily with just that kind of thing. the world of cryptocurrency was a cruel world, people who can't understand how to use it or how it work was actually a dumb. Becuse I believe even junior high school children could learn about this. And why you have to buy bitcoin from different sites while its already provide in exchanges?.  Grin
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November 03, 2017, 12:40:27 PM
 #80

Yes, i agree with you about the experience and knowledge needed to use bitcoin, but sell bitcoin on bitcoin.org ?? There is no sense about a group of developers creating a exchange in their official site, and the fees of the exchanges its a problem, but I dont think the act of pass this problem to the bitcoin core is the solution.
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November 03, 2017, 12:43:41 PM
 #81

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
yes you are right that bitcoin is complicated for average people the first thing is that bitcoin is not a easy thing that anyone will understand and invest in bitcoin thats why educated people invest in bitcoin and also thats why education shows real advantage in life.
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November 03, 2017, 12:44:26 PM
 #82

agree actually here on the philippines to set up an account with bitcoin you have to verify yourself first before you could buy a bitcoin or exchange your bitcoin to cash , it's pretty annoying to people and sometimes the mining fee is much larger compared to the amount that you about to send which is really frustrating to people who have zero background on cryptocurrency

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November 03, 2017, 12:45:47 PM
 #83

In my opinion the most complicated topic about Bitcoin is the security of the wallet.

Indeed open an account and buy Bitcoins is the same as buying stocks on financial markets.

The main difference is when you have bought stocks, these are safe on your broker account, nobody can steal them.

It is not the case with the Bitcoin : the principle of public and private key is easy to understand but you are always afraid your wallet to be broken ...

And with the anonymity of transactions, you have little chance of finding the culprit  Sad
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November 03, 2017, 01:00:07 PM
 #84

I think just learning a little bit about blockchain can make you comfortable trading in this market. For me, if you have a phone you can easily get more Bitcoin from engaging in trading and you will find Bitcoin great.
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November 03, 2017, 01:04:38 PM
 #85

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Yes it is too much complicated for average people to buy and use bitcoins but it isn't at hard at all if you follow some tutorials. The main problem is average people don't understand how bitcoin works but I guess they will learn as time passes by.

Blockchain now allowing users to buy bitcoins from blockchain wallet so it will be easy for newbies to use bitcoins without any problem.
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November 03, 2017, 01:06:53 PM
 #86

This is the internet and there is plenty of information about all of that.
I didn't know anything like 2 weeks ago and now I think I'm more or less confident in all of this stuff.
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November 03, 2017, 01:18:11 PM
 #87

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Some fair and valid points. Several years back, an experiment by MIT transferred $100 worth of Bitcoins to students in its particular year. More than half immediately cashed out, and only a handful had kept the coins, learnt more about it and used it, at the end of the experiment. Bear in mind that these were highly technically-gifted millennials with above average knowledge of computers and internet technology. It was evidence that Bitcoin - as intended use as a P2P digital currency - was still difficult to learn and adopt for every day use.

On the other hand, you can earn (or buy) and spend Bitcoin as easily as any other currency or payment provider online without having to learn deeper aspects of Bitcoin tech or its network. For the average user, perhaps web wallets are simplest, and you even have apps now that instantly convert your fiat to crypto and back to fiat whenever you want.

Myself, I've moved to my own private wallet, I've learnt how to spend exactly as I want, adjusting fees and dipping into the network when it's efficient, but perhaps it isn't urgently necessary for the vast majority of people.

P.S. There are already recommended wallets, merchants, and exchanges across multiple sites telling people how to buy and sell Bitcoin and use simple wallets.

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November 03, 2017, 01:19:36 PM
 #88

Honestly i dont think bitcoin is too complicated for the average people.
Bitcoin is not addressed to 70y old zombies. And thats good.
There are a lot of online services which make it easy for you to set up a (or better: download your own ) wallet.
Afterwards you just have to register in a marketplace and you are ready to buy. Nothing more.
If people are "barely able" to browse youtube videos they just should not touch the internet at all.

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November 03, 2017, 01:21:23 PM
 #89

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Some fair and valid points. Several years back, an experiment by MIT transferred $100 worth of Bitcoins to students in its particular year. More than half immediately cashed out, and only a handful had kept the coins, learnt more about it and used it, at the end of the experiment. Bear in mind that these were highly technically-gifted millennials with above average knowledge of computers and internet technology. It was evidence that Bitcoin - as intended use as a P2P digital currency - was still difficult to learn and adopt for every day use.

On the other hand, you can earn (or buy) and spend Bitcoin as easily as any other currency or payment provider online without having to learn deeper aspects of Bitcoin tech or its network. For the average user, perhaps web wallets are simplest, and you even have apps now that instantly convert your fiat to crypto and back to fiat whenever you want.

Myself, I've moved to my own private wallet, I've learnt how to spend exactly as I want, adjusting fees and dipping into the network when it's efficient, but perhaps it isn't urgently necessary for the vast majority of people.

P.S. There are already recommended wallets, merchants, and exchanges across multiple sites telling people how to buy and sell Bitcoin and use simple wallets.

About desktop wallet, how would you know which one actually is bitcoin wallet? there are hundreds of online desktop wallet, sometimes it really confusing which one is real and which one is fake.hacking wallet. Everyday i see people post their wallet been hacked and money gone! it is indeed very scary.

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November 03, 2017, 01:29:07 PM
 #90

I think your assumptions are pretty correct and only true about people who are into crypto currencies at all. Its true that when you see the bitcoin first time and think that yo will use it then you have to start from scratch and need know many things indeed. I mean we must know what bitcoin is because then only we can know where to use it and how to use in real world. If they can't even know from where to acquire the bitcoin then that would be ridiculous to have it. May be this can be overcome with adding up or upgrading the way bitcoin can be acquired. May be there should be bitcoin terminals from where anyone can buy the bitcoin with addition of fiat currency, like the ATM machine only but more easier to understand what it is exactly.

 
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November 03, 2017, 01:29:55 PM
 #91

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.
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November 03, 2017, 01:33:51 PM
 #92

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.
I  beg to disagree because people who are not computer literated could not actually understand the whole concept of bitcoin no matter How hard I teach them about it !
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November 03, 2017, 01:40:15 PM
 #93

Agree. That's why BTC will never replace fiat.
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November 03, 2017, 01:41:33 PM
 #94

You know, I don't think that it's too complicated. If crypto community can explain the world the reverence of bitcoin and blockchain technologies it can be possible.



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November 03, 2017, 01:43:36 PM
 #95

It's too expensive to buy and easy to loose if you're not careful. I will treat it as investment instrument, like stocks, not a replacement for fiat money.

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November 03, 2017, 01:52:38 PM
 #96

It is difficult to?I think the basic theory of blockchain is better understood, if you have studied the computer.Say simply, it is easy to buy the currency but COINS behind a pile of code, well, everyone does not have the patience to study the pile of code, because we don't have mastered the programming.

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November 03, 2017, 02:02:56 PM
 #97

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes, I think bitcoin is for everyone and no matter what status of your life is you can surely use bitcoin. And for me bitcoin really offers great opportunity specially for those people who wanted to make good money. The system of bitcoin is easy to understand, you just need to make time to study how.
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November 03, 2017, 02:14:42 PM
 #98

the internetbankiing was complicate for many people at the beginning!  Wink
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November 03, 2017, 02:28:40 PM
 #99

Yes, it's really a problem for bitcoin. It seems to me that the exchange will accept any action to solve it otherwise they lose customers.

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November 03, 2017, 03:06:03 PM
 #100

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.
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November 03, 2017, 03:07:35 PM
 #101


I don't think so, because there's companies like Coinbase, Copay, Bitpay etc. that make the user interface pretty easy and straight forward for the average person and with time it's going to be even easier to adopt to.

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November 03, 2017, 03:11:01 PM
 #102

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.
Actually it complicated at first sight but once you research enough about what it is and how it works then it would be easy for you to gain bitcoin faster and steadier and just as what you've said Claiming faucet is the first way newbies earn bitcoin since it's the most common thing you can search on google about how to earn bitcoin and after learning bitcoin that other complicated things the we encounter is about how altcoins and bitcoin is connected and it's difference.
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November 03, 2017, 03:16:09 PM
 #103

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.
Actually it complicated at first sight but once you research enough about what it is and how it works then it would be easy for you to gain bitcoin faster and steadier and just as what you've said Claiming faucet is the first way newbies earn bitcoin since it's the most common thing you can search on google about how to earn bitcoin and after learning bitcoin that other complicated things the we encounter is about how altcoins and bitcoin is connected and it's difference.
It's quite simple once we put our focus on it, i have sgared it to some if my friends and they easily understand how they can earn thru it just by saving it, what complicates it is when we try do more stuffs like trading which we need in order to earn more.

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November 03, 2017, 03:28:58 PM
 #104

The more complicated the banking system, the more complex Blockchain. also a more transparent system of blockchain
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November 03, 2017, 04:17:42 PM
 #105


I don't think so, because there's companies like Coinbase, Copay, Bitpay etc. that make the user interface pretty easy and straight forward for the average person and with time it's going to be even easier to adopt to.

So you will able to buy bitcoin from bitpay or copay with your credit card or debit card?

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November 03, 2017, 04:20:45 PM
 #106

The internal combustion engine is also too complicated for average people but that doesn't mean that average people can't drive a car.
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November 03, 2017, 04:38:06 PM
 #107

Im kinda agree with this,as a non techy person like me at first I had a hard time understanding bitcoin and how it works but eventually I learned buy reading and searching about it. To learn something complicated we need have patience and perseverance. Its really worth it to learn bitcoin because Im enjoying the benefits im getting from it.
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November 03, 2017, 04:45:24 PM
 #108

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.
I  beg to disagree because people who are not computer literated could not actually understand the whole concept of bitcoin no matter How hard I teach them about it !

We can not expect that a person can understand the whole concept of cryptocurrencies in a short time. Everybody needs just some time to learn the blockchain technology and the characteristics of the cryptocurrencies. I think enough learning time is more important than having specific informations about the computers.
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November 03, 2017, 04:52:32 PM
 #109

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
As you say, bitcoin is hard for normal people. Bitcoin is simple with knowledgeable people. People who have little contact with technology, the use of bitcoin is difficult. But it is not too complicated, just have some knowledge you can use it

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November 03, 2017, 05:00:55 PM
 #110

The interest of people in bitcoin will depend on how they will understand the concept of cryptocurrency. You may also refer them to informative pages like http://www.propthereum.io, to know more of it's greatness as a decentralised currency and it will be easier for them to build great interest and they will keep themselves updated and knowledgeable of the history and the possibilities of further and greater developments.
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November 03, 2017, 05:03:05 PM
 #111

Everybody knows how the market works, even though was some of them have the ability to get profit. Same will happen with the bitcoin: everybody will know that it exists, how it works (in general) and some will get profit.
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November 03, 2017, 05:03:58 PM
 #112

Wow... Those sure are long and so many questions.
First, yes. Bitcoin is kinda difficult for normal people, who don't really understand technology to use. Even when i told my friend about this, they said this's difficult, complicated, and waste of time.
Bitcoin is anonymous. And of course we can't contact whoever if there's problem. That's the minus from bitcoin though, but well this is internet world. What you expect.
And about the scam websites and others, i suggest you not wasting your time to find them or else. Just stay at this forum or visit the popular and trusted websites, not the suspicious one.

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November 03, 2017, 05:21:56 PM
 #113

Im kinda agree with this,as a non techy person like me at first I had a hard time understanding bitcoin and how it works but eventually I learned buy reading and searching about it. To learn something complicated we need have patience and perseverance. Its really worth it to learn bitcoin because Im enjoying the benefits im getting from it.
Is just an interest of something that bring you in this forum. Learning from what you have read is not enough, but having it in actual scenarios there is best learning that you might get.
Having bitcoin everyday is not just we've got money in the end but it is totally full of learning's. Even though you are belong to average people or even in lower class still they can make this, if they want too and be open-minded at all.
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November 03, 2017, 06:05:42 PM
 #114

I am an average person by adaptability of these kinds of things but its one heck of easy thing I believe. Learning about things related to bitcoin is really not that hard which an average person cant learn. A week is way too much for it to become a good decent bitcoin player.

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November 03, 2017, 06:16:43 PM
 #115

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
People would normally leave the discussion when they do hear of things that is new to their ears and if they are not techy person then high chance that they wont really bother at all to listen but for those people who don't have much idea but really eager to learn up then theres a lot of ways.Buying bitcoin isn't really hard at all. Worrying on buying because of limitations? Then try to make some verifications to increase limits,as simple as that. If people is really interested to bitcoin then there would be no hard thing along the way.If lots of people make it,then why they cant?

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November 03, 2017, 06:41:56 PM
 #116

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.
Maybe because theres a time that bitcoin is so complicated to understand sometimes, even to those few people who using bitcoin in a long time. But i know theres nothing impossible today because we are lives now in technology, and if you want know something about bitcoin, just research or read article or ask some friends to things that you cannot understand in bitcoin.
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November 03, 2017, 07:09:31 PM
 #117

Bitcoin is not too complicated for the average person. It just depends on if that average person is lazy or not. I just made it out of high school in 12th grade and dropped out of college after two years, but that doesn't mean Bitcoin was complicated for me. I just did the research, and have been following it from almost the beginning. For newcomers it shouldn't be hard now because there is a TON of info out now, but before there wasn't much.
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November 03, 2017, 07:10:17 PM
 #118

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

...

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

...

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Hi, I think the reason that bitcoin selling is high is because trading sites need to profit for their operations to keep running. They buy lower and sell higher to protect their profits from the volatility of the market. Only way to buy bitcoins as close to the market price is from individual owners but they would be rare.
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November 03, 2017, 07:12:47 PM
 #119

I think bitcoin is not 'too complicated'.

What I mean is, yes, of course, the technical background behind BTC is complicated, but do you expect the average person to know how visa handles their transactions, server structures,...?
I suppose the answer is NO, an average person can create an account on any exchange site, download a wallet to their PC, mobile,... and use it as payment, just like, f.e. paypal.

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November 03, 2017, 07:17:39 PM
 #120

For beginners it's hard to know bitcoin, they think it's just a monopoly. But it's up to them, gradually they will realize how useful bitcoin like the internet.

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November 03, 2017, 07:46:28 PM
 #121

It is still complicated for average person, in particular if you start to talk about address, mining, confirmation time etc. I think that's the next big step for people, easy to buy, easy to own and easy to use just like fiat.
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November 03, 2017, 07:52:46 PM
 #122

For every great opportunity comes great risk and for every road to success there must be an obstacle. The only thing I see in people that give up so easily on bitcoin due to the little stress of buying and selling bitcoin through exchange will be left behind sooner or later.

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November 03, 2017, 08:34:22 PM
 #123

It is still complicated for average person, in particular if you start to talk about address, mining, confirmation time etc. I think that's the next big step for people, easy to buy, easy to own and easy to use just like fiat.
An average user doesn't need to know all this. Don't allow their first experience with cryptocurrency to be techno babble or a political talk how banks are abusing us and we and to be free. This will only scare people off.
Do you think an average woman knows how a car engine works or the difference between a gas engine and a diesel? Yet, she has no problems with driving to work every day!
Bitcoin is as easy as you make it Wink

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November 03, 2017, 08:39:34 PM
 #124

It is true that bitcoin may seem complicated when one just starts in this ecosystem, but it does not take too much education to understand how one can use bitcoin in personal finances. Currently a large part of the economically active population has access to smartphones whose use is more complex than the applications used to operate with bitcoin, so I do not think it is too difficult for ordinary people to get used to incorporating bitcoin into their everyday lives.
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November 03, 2017, 08:46:58 PM
 #125

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

1. You can expect them to know these things you can watch youtube video for a week straight on bitcoin and have enough knowledge to move forward comfortably. This is a terrible excuse for the lazy.
2. No, dont need bitcoin website to officially sell them people can do their own due diligence or bugger off.
3. Use MEW, but also use hardware wallet and most if not all of your problems are gone. If you are serious about crypto you have a hardware wallet it is a no brainer.
4. People pay that much because either they are stupid or dont know where to buy them, either way they are going to get fleeced long term anyhow. If they cant research they deserve the fleecing.
5. I have yet to see an exchange that does not offer bitcoin in USD, all the major ones have a BTC USD pairing and would be shocked if there was not one at any of the major top 5 exchanges.

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November 03, 2017, 08:49:22 PM
 #126

Some of bitcoins attributes are surely inconvinient, and a tad bit clunky to work with, but they are a very small part of what makes cryptocurrencies work and really the hassle with dealing with them is not as bad as you present them. Another thing to remember is that the concept of bitcoin isn't hard to grasp. Only really old people might have a problem with this, and if one understands basic economics enough then it's really not deep, it's the same with normal currencies, just with a few key differences.

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November 03, 2017, 09:22:56 PM
Last edit: November 07, 2017, 05:47:00 PM by betMaster
 #127

Unfortunately, yes bitcoin is a bit complicated for people that are not familiar with internet. It takes a minimum of internet skills to be a part of bitcoin communty and to have access to all the news and actualities that come up everyday. And the most important things that a person should have to understand and be part it is the desire. We all know how people like to spend their whole free time entertaining themselves or just chilling while using social media apps. They don't even want to bother themselves and wonder what bitcoin is and what can it add to their lives.
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November 04, 2017, 03:00:42 AM
 #128

For beginners it's hard to know bitcoin, they think it's just a monopoly. But it's up to them, gradually they will realize how useful bitcoin like the internet.
same story like mine, I regret because in 2013 when I come to know about bitcoin I consider it as a monopoly for gathering money. But gradually when I make account in this forum Then i come to know that bitcoin is huge future asset for investors and holders. So i suggest newbies to never underestimate the value of bitcoin.

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November 04, 2017, 03:03:26 AM
 #129

Yes,To use bitcoin,you also need to download the electronic wallet and save the private key.
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November 04, 2017, 03:25:12 AM
 #130

It is still complicated for average person, in particular if you start to talk about address, mining, confirmation time etc. I think that's the next big step for people, easy to buy, easy to own and easy to use just like fiat.

As far as an individual is eager to learn and adopt new things there will be no exceptions. Yeah when someone just scan the white paper of bitcoin it will look likes a total mess for him as he doesn't have any idea but when he study and see things differently it will be all easy. I mean even you're an average person here you can still learn all these things, it just need patience, willingness, time and effort as I always believe that everything can be achieve if you have great perspective and outlook in life.
Bitcoin will always be an interesting as it should be, how it change the present and the future of currency and this great invention should be known by everyone.

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November 04, 2017, 05:13:09 AM
 #131

i think its not too complicated to learn bitcoin even for new people because as long as they only learn about how to make money from bitcoin then i thing its enough. there are many things that we need to learn if we want to know the details about bitcoin and of course this will need a time before we fully understand about bitcoin. but if our purpose is about how to make money from bitcoin then we don't have to learn until too deep and we are need to learn the section about making money from bitcoin.



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wledgewil
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November 04, 2017, 05:22:38 AM
 #132

i think its not too complicated to learn bitcoin even for new people because as long as they only learn about how to make money from bitcoin then i thing its enough. there are many things that we need to learn if we want to know the details about bitcoin and of course this will need a time before we fully understand about bitcoin. but if our purpose is about how to make money from bitcoin then we don't have to learn until too deep and we are need to learn the section about making money from bitcoin.

It's all based on interest to learn that workflow really helps to earn bitcoin.
Also it will not be like complicated.
We have to understand practice makes the men perfect in the same way one have to learn it with a desire of interest.
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November 04, 2017, 05:37:52 AM
 #133

Looks like other are having problem buying bitcoin, here in asia we buy bitcoins via banks or we can buy bitcoin thru 7/11 its easier to buy bitcoin. well it depends on the country where we belong there are place of the world that hard to find bitcoin but in localbitcoin its easy to access or deal with them, try to look other local wallet provider if the rate is low then try to grab it

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November 04, 2017, 05:57:44 AM
 #134

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
There are some imple way for use the bitcoin, just download the mobile wallet and you will be able to generate the bitcoin address and you can use it to send or receive the bitcoin.
it seems to be a simple thing or step in my opinion.
But to learn about the how crypto works is really fun.
No it’s not true bitcoin is very easy in use every one can use it any place any time it just need a little study and the rest of you can start to use it so I think we need to go first to internet to know in detail about bitcoin that how its work and how we can use its because bitcoin is for everyone it’s not only for the common man.
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November 04, 2017, 06:04:21 AM
 #135

I think Bitcoin is not complicated at all, just take it as another transaction method, a digital form of regular money. How many people knows how paper money works? how many people knows the process of issuing paper money? the financial policies? - not more than 1% of world population.
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November 04, 2017, 09:26:19 AM
 #136

I think Bitcoin is not complicated at all, just take it as another transaction method, a digital form of regular money. How many people knows how paper money works? how many people knows the process of issuing paper money? the financial policies? - not more than 1% of world population.
You are right but still in the starting newbies faces much problem of the understanding Because coin is not a way to direct use where we can see directly the use of the cryptocurrency .
But to make the bitcoin investment needed to buy another coin and vice versa , such types of things are really complicated to understand that how we will do easily ( since easy much for the 1 month old bitcoiner )  .
Here I was facing the same problem and my big problem was that , who will give the gaurranty of the value of the bitcoin that I have and what the best way to work to make bitcoin .
Well in the current time Many articles are available for the bitcoin where we can get better knowledge easily and can learn better better stretagy to handle the trading like work ( which are legimate way of making money ) .
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November 04, 2017, 09:53:44 AM
 #137

I think Bitcoin is not complicated at all, just take it as another transaction method, a digital form of regular money. How many people knows how paper money works? how many people knows the process of issuing paper money? the financial policies? - not more than 1% of world population.

You don't need to understand anything about how money issued.  You have a note or coin and exchange it, job done. 

Bitcoin has significant usability problem for a new user.  To use you need to understand wallets (web based or desktop, keep offline?), keys, passwords, passphrases, fees, random address strings.  oh yes, once you've got everything set up you might consider it simple, but if people are saying otherwise you need to consider that it is not, you found it simple. 

There's a rule in usability that the interface shouldn't get in the way, and bitcoin involves a lot of interface.
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November 04, 2017, 10:30:33 AM
 #138

a simple problem is since children we raised by regular physical money by the banking system, then curiosity came we learn how the money created, distributed and controlled so we indirectly get used to it because it had proof and sustainable since past. Then a new revolutionary digital currency bitcoin came in, we didn't get used to it, its something news, a decentralized currency based on technology, people astonished by bitcoin because they don't understand the technology so they easily get FUD, uncomfortable, they didn't want to try something out of the box, they want safer option. So that's my opinion why bitcoin not widely used.
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November 04, 2017, 05:25:12 PM
 #139

Yes,To use bitcoin,you also need to download the electronic wallet and save the private key.

As easy as downloading an app from a google store and in many wallets keys are being saved in the cloud, you just need to remember your recovery phrases.
Millions of people are downloading stuff on their phones every day. Millions are scanning qr codes. Bitcoin isn't difficult if you're used to doing these basic things!

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November 04, 2017, 05:34:19 PM
 #140

I think Bitcoin is not complicated at all, just take it as another transaction method, a digital form of regular money. How many people knows how paper money works? how many people knows the process of issuing paper money? the financial policies? - not more than 1% of world population.

You don't need to understand anything about how money issued.  You have a note or coin and exchange it, job done. 

Bitcoin has significant usability problem for a new user.  To use you need to understand wallets (web based or desktop, keep offline?), keys, passwords, passphrases, fees, random address strings.  oh yes, once you've got everything set up you might consider it simple, but if people are saying otherwise you need to consider that it is not, you found it simple. 

There's a rule in usability that the interface shouldn't get in the way, and bitcoin involves a lot of interface.

I would argue with that. Online banking offers a similar difficulty level. You need to set up an account, remember your login and passphrase, know how to handle 2FA codes, know how to use the API. My bank API is like a decent webpage, it offers a ton of stuff starting from savings accounts through credit card limits and ending with online credits that you can take on the fly and people are handling it without problems.

You don't need to be the smartest person in the world to be able to download a wallet to your phone and use the camera to scan qr code every time you want to pay. When you want to receive money your code will appear on your screen along with the address. You just can't screw this up!

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November 04, 2017, 05:40:12 PM
 #141

I do not think bitcoin is complicated.
With coinbase after linking a bank account you can buy/sell bitcoin.
If you can download an app from google play you can create a wallet.
There is just a learning curve and we are all able to learn

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November 04, 2017, 05:59:03 PM
 #142

It is true that bitcoin is complicated for average people.
Most of people just using it for trading or other things but don't know the technological aspects of bitcoin.
But it is changing day by day.
There are lots of educative video on youtube now.
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November 04, 2017, 06:03:14 PM
 #143

Indeed , in addition my government still not legalized bitcoin yet so people have less knowledge and less awareness about bitcoin.
But if we see the positive side, there are a lot that bitcoin do and fiat can't do especially on this digital era.

More people seek an enjoyment for transaction !


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November 04, 2017, 06:35:53 PM
 #144

ya Bitcoin is pretty complex concept at first. Even for me taking computer subject in high school when i discovered about Bitcoin had a hard time understanding it. But with time and getting involved with it help me be familiar with. But it is still hard for me to explain it to an average people did not take computer as a subject in there school. that's a challenge !!! and I am sure the explantion about the money from banks is even more complex because they create it out of thin air. The mcafee guy said it is much harder to explain how the Federal Reserve Bank work compared to Blockchain system.
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November 04, 2017, 08:05:44 PM
 #145

I think Bitcoin is not complicated at all, just take it as another transaction method, a digital form of regular money. How many people knows how paper money works? how many people knows the process of issuing paper money? the financial policies? - not more than 1% of world population.
Who needs to know how paper money works,all they need to know is how to spend the money and there is no complication about it as it is a simple process any kid can do but that is not the case with bitcoin,they really need to study about how to secure their coins and how to safe guard their coins and how to transact them and it is a difficult process for any newbie.
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November 04, 2017, 08:09:33 PM
 #146

Yes you are absolutely right on this.
Bitcoin is too complicated for even day use.
I talked about bit coin to several friends of mine and they are from technical background .
Still they donot understand how and why bitcoin works and what is the important of it.
So you can imagine how hard it is for non technical person.
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November 04, 2017, 08:48:49 PM
 #147

If a person owns a computer and the Internet, then he has every chance of mastering and bitcoin. Here everything depends on desire. In addition, if you just want to invest your money in bitcoin, but do not understand, you can ask someone for help.
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November 04, 2017, 09:01:22 PM
 #148

Its only us people who complicated things.we want to earn more but we dont want to lose a little. We sometimes get paranoid when BTC value dips, we cant sleep, we're thinking we might get bankrupted. It will be only complicated if you risk everything. Try spending what you can afford to lose and let it flow. You'll see, its not complicated actually.

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November 04, 2017, 09:48:31 PM
 #149

Bitcoin is not complicated at all to be understood and learned if just to earn, save and spend also using bitcoin. I'm pretty sure everyone can use bitcoin without serious complications, those who say bitcoin is complicated, I guess they're just people who think bitcoin is useless so they're not interested in learning bitcoin.

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November 04, 2017, 09:53:40 PM
 #150

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

The learning curve is definitely steep. Younger, tech-oriented people have a big advantage in this space. Regarding the complicated nature of buying BTC and the high fees to do so, I think this will improve. In the US, most people can use regulated exchanges like Coinbase or Gemini and transfer money to the exchange for free using ACH transfer. On GDAX (Coinbase's exchange), you can buy without any fee as long as you provide liquidity (place a limit order on their book).

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

That's why it won't catch on overnight, and why it has taken 9 years just to get here. The UX is still bad and low value payments are problematic. It's easy to get hacked or scammed. These things will improve in the future as products are launched which remove some of the complexity for average, non-sophisticated users.
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November 04, 2017, 10:40:53 PM
 #151

As much as it sounds like something that many Bitcoin users are afraid to admit, it's sadly the truth. There is no institution with the motif of driving potential Bitcoin users through a standarized process of using the currency, and so many people are left in the dark about its potential. Communities have come together to built nice guide through websites but scams and dubious crypto related projects still come up first when people look into crypto resources.

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November 04, 2017, 11:42:54 PM
 #152

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

yes probably it maybe a puzzle, before you can have knowledge or full understanding about Bitcoin, but if you only wanted to own Bitcoin, buy it from your local and download Bitcoin wallet apps for your mobile phone, and prepare your money for payment.


Quote
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

Yes, this could help some people who doesn't have time to learn something about Bitcoin, how they could value anything they don't have knowledge.


Quote
When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

Yes, no centralized help center online, but we have the community.

Quote
The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.
No official website, but there's a Bitcoin community was broad in range, like in here at Bitcointalk.

Quote
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

if people can spend there time watching television or Movies for about 2 to 3 hours or even a whole day, without complaining that they no't really understand the movie concept but enjoying it. Then they should do the same with Bitcoin, if they do understand very well about this technology, they will surely enjoy it more.

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November 04, 2017, 11:45:34 PM
 #153

For average Joe it is not so complicated if opponent can clearly explains things. When i talk about bitcoins to my friends first, i start with some economic approach before going to technical side of story. Later i explain market cap, prices,market,trading etc..

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November 04, 2017, 11:49:22 PM
 #154

NO, it is not too difficult at all.

I think that we as community have a responsibility to explain to other part of community what block-chain is and we do not have to got in to details in order to do that. The basics in enough to make people understand.

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November 04, 2017, 11:58:31 PM
 #155

On the contrary, bitcoin is uncomplicated and easy-to-use even a kid can create a wallet, send or receive funds. all you have to do is to click some buttons, it is even easier then using banks services. Bitcoin is complicated when it comes to understanding how transactions are managed in the background, but regular users don't have to focus on that.  

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November 05, 2017, 12:48:16 AM
 #156

Depending on someone whether to understand and learn the bitcoin system, initially it is difficult but with good information the average people will understand it. the point is whether they want to spent the time to learn the  bitcoin system, that's all.
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November 05, 2017, 02:14:00 AM
 #157

I believe no one will be called average people if we are all willing to learn. As far as I am using bitcoin, reading and learning from it I can see that it is not as complicated as my job outside that is why I am loving being here.

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November 05, 2017, 02:19:13 AM
 #158

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

I thinks that bitcoin is not complicated for average people,because everything has a right to learn an gain knowledge in digital currency if the person  is eager to learn the trading process of bitcoin.one example of average people who become now a succesful  businessman is bill gate he is lack of education but now a succesful entrepreneurs,and now i thinks he is have a investment in bitcoin.

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November 05, 2017, 02:22:44 AM
 #159

Absolutely right, some people will not understand what is the circulation around in bitcoin.  You must have a knowledge to enter in this kind of marketing
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November 05, 2017, 02:57:12 AM
 #160

For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.

Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
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November 05, 2017, 03:08:50 AM
 #161

You are right. BTC is too complicated ( Blockchain, mining, altcoins, markets, airdrops, wallets, pools...etc)
Simple is the best.
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November 05, 2017, 03:12:37 AM
 #162

You are right. BTC is too complicated ( Blockchain, mining, altcoins, markets, airdrops, wallets, pools...etc)
Simple is the best.

i think if you are only learn about mining, altcoin, markets, wallets its enough because this is what we do in crypto currency. with this things, we don't have to learn too deep about bitcoin and crypto currency because it will need to spend more time to read from many source. just learn what we want and keep practicing and if we still have a time to learn then we can spend our time to learn more that we want to know and i think it is not too complicated.
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November 05, 2017, 03:16:04 AM
 #163

Once people understand the concept of bitcoin and how it can be stored in wallet and bought/sold on exchanges it is very simple to use btc for services. I think the initial roadblock for many people is to enter into bitcoin using FIAT currency, as the only way to buy bitcoin in some countries is to buy it from a local exchange which charges premium for the services. But once you enter into Bitcoin world, there are several options to buy/sell btc using the crypto currencies.

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November 05, 2017, 04:09:42 AM
 #164

"When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong. "


Once I used my friend's account number to sent money to my online wallet, 2 days the money still stuck on that wallet and pending and no notificatios, I sent ticket via email with prove of bank transfer, which need two days 'till they replied, and you know what they say? Sorry you must transfered money from your real account number, to avoid moneylaundring? what the heck, the amount is below $50 and the btc rate was going up so fast, so I only have little amount of bitcoin ( what a bad day) . thats why I agree with you it's complicated for average people.
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November 05, 2017, 04:22:40 AM
 #165

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

I somewhat agree with this, as a non techy individual like me at first I experienced serious difficulties understanding bitcoin and how it functions yet in the end I learned by perusing and seeking about it. To pick up something confounded, we need persistence and determination. It's truly justified, despite all the trouble to learn bitcoin in light of the fact that I'm appreciating the advantages I'm getting from it. I also think that most people can get a grudge of it in no time.
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November 05, 2017, 04:38:19 AM
 #166

ya Bitcoin is pretty complex concept at first. Even for me taking computer subject in high school when i discovered about Bitcoin had a hard time understanding it. But with time and getting involved with it help me be familiar with. But it is still hard for me to explain it to an average people did not take computer as a subject in there school. that's a challenge !!! and I am sure the explantion about the money from banks is even more complex because they create it out of thin air. The mcafee guy said it is much harder to explain how the Federal Reserve Bank work compared to Blockchain system.
how is it a difficult concept? maybe to understand the inner workings, sure, but to use it? it's a fairly straightforward thing in my opinion, no different from using paypal. using paypal as an example, let's compare. with paypal, an online payment processor / method that is accepted by many retailers online, we have an account tied to our identities that we can use to pay for goods. with bitcoin, we have a (preferably) encrypted wallet, which we can access when needed to pay for goods for merchants that accept bitcoin as a payment method. in both cases, if we have our login info or wallet and encryption passphrase compromised, we run the risk of having our bank account (or paypal balance) or our private addresses emptied. the only real difference i see here is that paypal payments are reversible, and are more or less insured if the account were to be compromised. however, theyre not that different if you strip it down to the basics. we have money and we send it to a recipient. doesn't get much simpler as far as general use goes. not sure how it's so daunting for the average person to understand that and use it.

theres nothing here. message me if you want to put something here.
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November 05, 2017, 05:43:29 AM
 #167

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

I somewhat agree with this, as a non techy individual like me at first I experienced serious difficulties understanding bitcoin and how it functions yet in the end I learned by perusing and seeking about it. To pick up something confounded, we need persistence and determination. It's truly justified, despite all the trouble to learn bitcoin in light of the fact that I'm appreciating the advantages I'm getting from it. I also think that most people can get a grudge of it in no time.

Well if you look at the terminologies being used, like cryptocurrency, blockchain etc, anyone who's not aware would really think its complicated and would probably lose interest at the onset. Though with actual use, it won't take a lot of time before even a simple person to get it

 
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November 05, 2017, 06:00:27 AM
 #168

Well we are on a modern time today, when technologies are growing too fast. It develops as a speed of light. Others can't feel it because they don't focus on here bitcoin. For me as one of the "average people" I still know what bitcoin is. Everyone can do bitcoin even though you have money or not.

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November 05, 2017, 06:26:16 AM
 #169

If we try to tell about BitCoin's nature,math or technology to people, it is complicated for average people. We should define it like as commodity, gold etc instead of telling atomic structure of it.

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November 05, 2017, 06:27:21 AM
 #170

The most important reason why bitcoin is hard to circulate now is intuitive, because it doesn't have intuitive currency, coins, and so on. Just a data. So it needs to be developed so that more people will know it and use it.
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November 05, 2017, 06:33:31 AM
 #171

Correct. But every new thing is actually difficult just at start. Older and conservative people might not really interested in utilizing bitcoin but once they know the advantages most of them will try to learn and understand it. Our younger generation which is now more inclined to fast technology developments have no problem with future bitcoinization. 
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November 05, 2017, 06:37:57 AM
 #172

The basic concept can be plainer easily in a few words and it would be quite easy. Obviously, if you go into the technical details, it is quite a complex technology which only experts can decipher.
Average people might be just happy with the simple details as they might not care about what runs behind the scenes.
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November 05, 2017, 06:40:52 AM
 #173

You are right. BTC is too complicated ( Blockchain, mining, altcoins, markets, airdrops, wallets, pools...etc)
Simple is the best.

It only becomes complicated if you make it that way. Bitcoin is so simple for me, just some readings and you will understand how it works. So just make it simple and you will be find. Of course there's that technical aspects of bitcoin but leave it to the pro. And if you have serious doubts then you can always asked from our community. All experts regarding bitcoins are here, you don't need to be shy to asked noob questions.
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November 05, 2017, 06:46:59 AM
 #174

I would say yes for a first timer who have zero knowledge about it. There are a lot of guides and tutorials on the net, you just simply follow the instructions and while doing it you just need to absorb and understand those things. That will be a part of the learning process I guess.
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November 05, 2017, 06:54:35 AM
 #175

Your right for a first timer it will be all difficult,one will even think is all scam but putting more effort to understand all about Bitcoin is this open knowledge of all what is involved.
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November 05, 2017, 07:09:17 AM
 #176

It is not hard to buy bitcoin in our country. Using our wallet we can buy some bitcoin. But I don't have enough money to buy 1 bitcoin, i just have . 011 btc right now and I am planning to add more so I can gain in a long run.
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November 05, 2017, 10:11:30 AM
 #177


I don't think bitcoin is "too complicated". Bitcoin is just a bit complicated for the people who merely knows anything about bitcoin . It depends on the type of services we are induldged in using bitcoin . If someone is doing trading and mining without its knowledge then obviously it would be very difficult to use bitcoin in that case . One must start from the basic level instead of jumping to extremes.
And the other thing about wallets is that I really dont think using wallets is complicated . They provide appropriate guidelines to use it.
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November 05, 2017, 10:14:43 AM
 #178

Bitcoin is not complicated if people have the minimum of education and know how to navigate and using Internet connection. They can create their wallets and start buying and trading BTC easily. It was a bit harder even for us in the first days but it become a lot simpler with days.


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November 05, 2017, 10:29:02 AM
 #179

In my view Bitcoin is not for Average Peoples. Because this currency can not be used directly in market. Buying, selling, holding in wallet is no simple. Huge commission and difference of price need to pay to exchang by when buying and selling Bitcoin.
This currency is good for traders, big investors. During last one month Bitcoin jump $5000 to $7000.
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November 05, 2017, 10:38:31 AM
 #180

I would have to agree although its gotten easier since the start of bitcoin with more people using it more documentation has come out but its still not very easy to access and until then we aren't going to see it in the mainstream.
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November 05, 2017, 11:07:41 AM
 #181

I am also facing same problem because an average people are here in India didn't know about bitcoin and don't take interest.
They can't handle even blockchain accounts and transactions.

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November 05, 2017, 11:09:58 AM
 #182

I would have to agree although its gotten easier since the start of bitcoin with more people using it more documentation has come out but its still not very easy to access and until then we aren't going to see it in the mainstream.

Yes, its kinda difficult to understand Bitcoin at first but in the long run you will understand it more how it works specially if you try to read and search about it more. Even non techy person will understand bitcoin if they only have patience and time to learn it.

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November 05, 2017, 11:15:57 AM
 #183

Ase you said bitcoin is too complicated for average people I don't agree with it . if u telling about transaction fees its normal . and the price level is so much that you can use some from that its totally OK .   

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November 05, 2017, 11:29:40 AM
 #184

I would have to agree although its gotten easier since the start of bitcoin with more people using it more documentation has come out but its still not very easy to access and until then we aren't going to see it in the mainstream.

Yes, its kinda difficult to understand Bitcoin at first but in the long run you will understand it more how it works specially if you try to read and search about it more. Even non techy person will understand bitcoin if they only have patience and time to learn it.

It depends on the person how hard he/she wants to learn, But you do not need to learn everything about bitcoins, Only the necessary things to have a good conversation so you can apply on bounty campaigns.
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November 05, 2017, 11:34:02 AM
 #185

I totally agree. Everything in Bitcoin is too complicated for the average person. Buying - when it is not impossible - is complicated and costy. And even after you bought your bitcoins, the learning curve is rough, with many new things to learn for a newcomer, such as the addresses, the private keys, the transaction ID, the blocks, etc.

I hope someday all of this will be simplificated. We need it to go mainstream.
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November 05, 2017, 11:42:24 AM
 #186

A lot of people didn´t grow up like us with knowing things about PCs and grow up with the internet.

Im sure that 80 % of the people worldwide are not into bitcoins. For example there are

many old people without PC knowledge, many sceptical people, people without money.

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November 05, 2017, 02:40:45 PM
 #187

Percentage of educated person is less than uneducated people. Due to lack of knowledge and awareness of bitcoin,it is very complicated for average people. Average people always rarely accept new thing in the market. They always make assumption that it will be success full or not. Average people accept to that after the adopted by all people.they do experiment with new one and after so many person of uses they follow and use them.

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November 05, 2017, 02:43:49 PM
 #188

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
Yeah you are right, bitcoin is too complicated at first but if you do your best to know what bitcoin really is, it will become and easy. There is no complicated and hard thing to a person that is industrious or being hardworking.

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November 05, 2017, 03:02:05 PM
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Percentage of educated person is less than uneducated people. Due to lack of knowledge and awareness of bitcoin,it is very complicated for average people. Average people always rarely accept new thing in the market. They always make assumption that it will be success full or not. Average people accept to that after the adopted by all people.they do experiment with new one and after so many person of uses they follow and use them.

In general there is more avarge people in the world then exceptional ones, more uneducated then educated people and so on, but bitcoin is created for all of us with no exceptions. Bitcoin is not complicated, its currency, simple to understand how its made, how to use it, send and receive. I agree with you that in the end everyone will know how to use crypto currencies, when that becomes obligation everyone will have to learn it. For now bitcoins and alts are for the people who wish to use it, others will not join for this new thing until they come one day on work and boss tell them to open bitcoin wallet and to receive paycheck like that.

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November 05, 2017, 03:27:45 PM
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Nothing is simple and easy so you can make money. In other words, bitcoin is like a real career, you also need to learn and absorb a lot of karma and apply it to the real world to help you make money. If you have more access to Bitcoin you will find that it's not as complicated as you think. Perhaps because you have heard so many bad rumors about it so you really think it's complicated

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November 05, 2017, 03:34:38 PM
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Yes, I agree. People who know about how Bitcoins work are people who are smart enough to learn the mechanics of the game because it is not easy but they earn really well out of it. These are game-changers as they determine for themselves how delicate yet promising it is to invest and earn online without having to go to physical offices, without the fear of taxation, without any discrimination that are usually required to people who go to work, among others. I must say these people are one of the bests!
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November 05, 2017, 05:41:57 PM
 #192

I have to agree that people might have small problems with understanding how does Bitcoin work. However, it isn't that hard to explain basic things like transactions, blocks, mining etc. It's natural that not everyone is capable of creating own cryptocurrency. Let's assume you are English teacher. Do you know how to build a plane from the scratch? I doubt.
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November 05, 2017, 05:45:15 PM
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I reemember many years ago when I bought my first android phone, it was the first model on market android 1.0, just me used (none of my friends use it) and when I show them it seems complicated for them, and as you can see now even grandmom use whatsapp... I do not think at all it is complicated, soon will be mass adoption as it happened with smartphones.
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November 06, 2017, 04:39:25 PM
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No matter how complicated things can get you could always try to analyze it bits by bits, scale it down to things you could understand and relate it to the things you already know. The same principle applies to learning bitcoin; study it bits by bits and that will be the foundation of your knowledge.
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November 06, 2017, 04:45:37 PM
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I agree with you but you can understand it because 2 months ago when i started i did not even know a single thing about bitcoin and now i am trading bitcoins for other alt coins and making money out of them it is just a matter of time.
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November 06, 2017, 05:10:00 PM
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You know one thing the average people only understand this bitcoin very quickly. because this is the best source for them to become a rich person in short time. but to buy bitcoin now it is really complicated they can't afford this price.
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November 07, 2017, 06:34:07 AM
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That would depend on your definition of average, OP. Almost anyone can have access to the internet or own a mobile device even without any educational attainment. However, those are not enough for you to utilize bitcoin and cryptocurrency properly. One would have to be able to understand the use of a wallet, the fluctuations of the prices and at least basic knowledge about blockchain technology otherwise they might get lost while using it or even worse, misuse it. Surely, bitcoin is not simple to a lay man. It does not require high intelligence but its features would need some understanding and a bit of skill.
No it is not worth saying that Bitcoin is something too complicated for a common man. There are many things which require understanding before someone gets into the field practically. The basic factors that are associated with the use of Bitcoins include online wallets, currency rate as well as a bit of knowledge about the method of exchanges around the world. But in my opinion anyone having sense of accessing the Internet can get through the whole learning process quite easily.
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November 07, 2017, 07:13:59 AM
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i know it's hard to explain the idea of bitcoin to the common man but it's not impossible when i first knew about bitcoin ,i know that outstanding technology has to replace fiat currencies someday and with time people will get use to the electronic money as a payday  . it's not that hard for a government to make such a decision if they wanted to.
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November 07, 2017, 07:51:51 AM
 #199

I posted a poll on one of our business pages on facebook. I asked a simple question with 3 possible answers to the poll.  The question was Should we accept Bitcoin as a payment option?  The answers were Yes, No and Whats a bitcoin. 

We got 2 Yes and 1202 Whats a Bitcoin.     Angry
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November 07, 2017, 02:08:03 PM
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I posted a poll on one of our business pages on facebook. I asked a simple question with 3 possible answers to the poll.  The question was Should we accept Bitcoin as a payment option?  The answers were Yes, No and Whats a bitcoin. 

We got 2 Yes and 1202 Whats a Bitcoin.     Angry

That means only 0.001% people know about bitcoin, lol

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November 07, 2017, 02:09:56 PM
 #201

Bitcoin is absolutely not too complicated for average people. It just depends on whether the average person is lazy or not and whether or not they have the will power to find the answers they are looking for because believe me the answers are all out there. You just have to go online and find the ones with the most views taught by a decent and genuine person.

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November 07, 2017, 02:37:13 PM
 #202

Yes, I agree. People who know about how Bitcoins work are people who are smart enough to learn the mechanics of the game because it is not easy but they earn really well out of it. These are game-changers as they determine for themselves how delicate yet promising it is to invest and earn online without having to go to physical offices, without the fear of taxation, without any discrimination that are usually required to people who go to work, among others. I must say these people are one of the bests!
Bitcoin itself is not at all complicated for the average people .However the basic facilities such as the Internet or having access to the social sites play a key role in understanding well the whole game. Moreover the end result altogether depends upon the skills of a person.

Some out there grab the basics and all of the techniques just in a bit of time and others spend their entire life in revising and then implementing the laws for earning profits via this method.
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November 07, 2017, 03:10:16 PM
 #203

There are some bitcoin ATM/Kiosk available now. It helps people to buy and sell bitcoin without wallet installation, etc. Just they have to make sure they won't throw the paper with bitcoin code away accidentally  Wink
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November 07, 2017, 03:18:51 PM
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Quote
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?
If there was an official site where everyone could buy then it would be centralised as one person has the control of selling coins. If someone wants to sell btc he can sell it at the prevailing price or as you said charging  $1k extra. The reason for the extra funds is the premium or goodwill of btc.

Ase you said bitcoin is too complicated for average people I don't agree with it . if u telling about transaction fees its normal . and the price level is so much that you can use some from that its totally OK .   
How is transaction fees connected to learning btc even if i tell the person that btc fees is some $4 how will it help him understand how btc works please post relevant to the topic you don't make any sense.

I totally agree. Everything in Bitcoin is too complicated for the average person. Buying - when it is not impossible - is complicated and costy. And even after you bought your bitcoins, the learning curve is rough, with many new things to learn for a newcomer, such as the addresses, the private keys, the transaction ID, the blocks, etc.

I hope someday all of this will be simplificated. We need it to go mainstream.
You can still learn storing of funds it's not hard at all but if it's someone who is first time using any online payment it can be hard for him. Nonetheless we should never forget everyone starts from scratch if one has the will to trade and make money he will somehow learn it.

No matter how complicated things can get you could always try to analyze it bits by bits, scale it down to things you could understand and relate it to the things you already know. The same principle applies to learning bitcoin; study it bits by bits and that will be the foundation of your knowledge.
Btc is a currency or even asset it isn't some engineering lesson which you can study bit by bit , in starting surely nothing is easy but as time progresses you will learn things automatically.
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November 07, 2017, 04:23:48 PM
 #205

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
Here I don't think that these are problems that you discussed , Because the first problem of the fee that you discussed is not a problem but a type of opportunity to make earnings . Because if a people or platform can sell and buy bitcoin with big difference of fee and price than what the market price of the coin then surely here he is making money and also you can start own service to make buy sell that will result into profit for you .
Second thing that I seen in your topic is that have no support or contact to make communication during the problem which we may face in the future with bitcoin , in actual in the bitcoin we are the owner and no one between us and the money , and also we can handle our money ( btc ) just by holding the private key only .
So don't think that we need anything another support to use bitcoin and another parts of its .
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November 08, 2017, 03:35:59 PM
 #206

No matter how complicated things can get you could always try to analyze it bits by bits, scale it down to things you could understand and relate it to the things you already know. The same principle applies to learning bitcoin; study it bits by bits and that will be the foundation of your knowledge.
Btc is a currency or even asset it isn't some engineering lesson which you can study bit by bit , in starting surely nothing is easy but as time progresses you will learn things automatically.

So you are implying that the technical features beneath the creation of bitcoin can be learned automatically and is not to be studied bits by bits? If you try to grasp the concept in one go, that's where the complication starts. Also, it is true that the way it plays out on the market is best learned from experience but isn't that like studying bits by bits too since you are (technically) learning by trial and error and you relate your past decisions to make a better call now?
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November 08, 2017, 03:46:54 PM
 #207

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
in my opinion is not too complicated and not too difficult it all depends on the wishes of the person they want to go forward what does it matter provided the media for us to ask discussions and guides and working system all its already exist in social media and we can see and learn it
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November 08, 2017, 04:13:57 PM
 #208

Even i think it is complicated as user who is using normal site for trading also find it difficult to even understand technical language that are used in bitcoin.As there is no proper guiding and info regarding bitcoin in any site on internet.For dealing in bitcoin you need to have proper market knowledge.
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November 10, 2017, 07:42:26 AM
 #209

I think Bitcoin is not complicated at all, just take it as another transaction method, a digital form of regular money. How many people knows how paper money works? how many people knows the process of issuing paper money? the financial policies? - not more than 1% of world population.
Probably yes it is not complicated but all what required is proper knowledge. Search about bitcoin how it was generated what it is and how it works, once you get proper knowledge then world came in your fist. It is easy in use than the paper money and gives quick and high output. Soon countries will also recognize it due to the ease and comfort which it is providing to the people.
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November 10, 2017, 07:54:40 AM
 #210

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.


i agree with you, if one is to follow the thread for newbies and reads a lot, it is so simple, just a step by step thingy, just read and read, information is everywhere, you just have to read, most of us are newbies before and it took some time to catch up and get the hang of it, that is good about this site, they teach us to get productive and get rich the harder way.

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November 10, 2017, 08:04:00 AM
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I think the most problematic part about it is the security of it.
In my opinion people will have a hard time with how to make your account secure.
Although it is not that hard, non tech people won't be thrilled with the process and might give up Midway, where as securingyour "normal" money is way easier.
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November 12, 2017, 06:56:53 PM
 #212

For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.

Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
No it’s not true that bitcoin is complicated for an average man bitcoin is such a currency which is for every one and any one can use it easily there is no such a tough and hard job in bitcoin it only need a little concentration and the rest of you can do it by yourself so we need to understand bitcoin and then start to use it for your bright future.
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November 13, 2017, 08:21:14 AM
 #213

bitcoin is too complicated for average people i think so for me its hard to convince people to use bitcoin because nowadays its really hard to find online job moist of them is scam or fraud

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November 25, 2017, 10:16:49 PM
 #214

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Bitcoin is harder to use because most people don't even understand how to use their own smart phone or computer correctly.

There are official exchanges that are legal in every country. Coinbase for USA works pretty well, you buy some coins and withdraw it to your wallet. Never keep it on the exchange. Bitcoin as it is right now doesn't exactly work for micro transactions and that is because the LN isn't implemented yet. When that is implemented it will likely confuse even more people, but it will scale.

Who knows, I don't count on humanity's older people to understand anything tech.
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November 25, 2017, 10:17:21 PM
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For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.

Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
No it’s not true that bitcoin is complicated for an average man bitcoin is such a currency which is for every one and any one can use it easily there is no such a tough and hard job in bitcoin it only need a little concentration and the rest of you can do it by yourself so we need to understand bitcoin and then start to use it for your bright future.

Bitcoin is not complicated for average people, but is expensive for average people. I usually can't afford buying bitcoins. It's really too expensive to have some bitcoin these days. The average people can't buy it freely because of the price.
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November 25, 2017, 10:22:15 PM
 #216

For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.

Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
No it’s not true that bitcoin is complicated for an average man bitcoin is such a currency which is for every one and any one can use it easily there is no such a tough and hard job in bitcoin it only need a little concentration and the rest of you can do it by yourself so we need to understand bitcoin and then start to use it for your bright future.

Bitcoin is not complicated for average people, but is expensive for average people. I usually can't afford buying bitcoins. It's really too expensive to have some bitcoin these days. The average people can't buy it freely because of the price.
I can partly agree with this because i think you are right about the expensive part but it is also complicated because at first when i started i knew totally nothing about bitcoin or altcoins and other crypto stuff.
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November 29, 2017, 09:57:27 AM
 #217

I am a bit confused when I discuss about experiences with people around me and how I make money in the crypto world, my own research to have a full understanding and a lot to learn new things. So the conclusion is that in crypto or btc someone just need a belief to believe ..
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November 30, 2017, 08:32:45 AM
 #218

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes, I think bitcoin is for everyone and no matter what status of your life is you can surely use bitcoin. And for me bitcoin really offers great opportunity specially for those people who wanted to make good money. The system of bitcoin is easy to understand, you just need to make time to study how.
Probably bitcoin is for everyone , anyone can get into bitcoin at anytime, its process is not complicated it is quick easy and simple to be invested. Just needed is to get complete knowledge and proper knowledge then get into some good and promising projects. It gives a great amount of profit which can be either invested back or saved for the future. It help in multiple ways.
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November 30, 2017, 08:36:31 AM
 #219

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
There is no such thing as complicated for people who wanted to earn here in Bitcoin. If you want something then I'll guess you will work hard for it. As long as one is willing to learn then it isn't hard to learn things about Bitcoina and everything in it.
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November 30, 2017, 08:50:36 AM
 #220

Don't you guys agree though that the banks are making stuff easier than ever when this bitcoin classic talk confusses those who are not completely tech savvy. Im old enough to remember when atms were new and considered weird but now the banks are just so simple, they changed their hours to weekends and evening and can go online and just with my friends email addy i could pay a bill or i could send money to any off my canadian friends in 5 minutes for $2.

Bitcoin need to get to that layer of ease before the average person gives involved . A lot of people i know wont buy bitcoin cause they consider it gambling and its way to complicated for them.

Plus the scamming in bitcoin, companies getting robbed, that scares Joe
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November 30, 2017, 08:52:44 AM
 #221

I do not think that bitcoin is too complex for ordinary people. Just create a virtual wallet for bitcoin. You can also learn bitcoin through the wep pages. to accumulate more knowledge. You must also always consider the value of bitcoin up and down. For normal people I think the use of bitcoin is not a difficult thing

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November 30, 2017, 08:59:10 AM
 #222

No way. I'm not even in the computer industry but I already know so much about bitcoins because of this forum. It's not really for everyone but it's for someone looking for a good investment and looking for a solution to the ever going butt cramp on money. The cryptoworld is anyome interested in changing the monetary system.

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November 30, 2017, 09:00:45 AM
 #223

I do not think that bitcoin is too complex for ordinary people. Just create a virtual wallet for bitcoin. You can also learn bitcoin through the wep pages. to accumulate more knowledge. You must also always consider the value of bitcoin up and down. For normal people I think the use of bitcoin is not a difficult thing

How is this more complicated then writing a common tax declaration?
At least here in europe it suxxx
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November 30, 2017, 09:03:04 AM
 #224

This is still an early stage of crypto. It will clear out in future and be more approachable to us.
Even for those who don't use computers.

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November 30, 2017, 09:03:50 AM
 #225

It's not simple at first of course. You'll just have to study how cryptocurrency works and do some research until later on everything is simpler. In my experience I just read threads here in this forum  Smiley

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November 30, 2017, 09:38:47 AM
 #226

I am a bit confused when I discuss about experiences with people around me and how I make money in the crypto world, my own research to have a full understanding and a lot to learn new things. So the conclusion is that in crypto or btc someone just need a belief to believe ..

What do you mean by the average people? I think Bitcoin is pretty easy to understand. Bitcoin is a digital currency that has no physical form. Bitcoin prices are always on the rise and Bitcoin is not controlled by any country. It is not known who is the creator of Bitcoin, but Bitcoin has become a very popular investment tool and currency in the world. I think everyone can understand that. But if you are dealing with people who do not know the internet, or people who do not want to know about the development of the internet, then it may be difficult to explain. Especially if you are dealing with people in rural areas who are not familiar with technology.
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November 30, 2017, 09:45:35 AM
 #227

I have been reading and considering buying bitcoins for literally over a year. Its kinda funny because I am addicted to watching the price of bitcoin going all over the map.
But from a noobs perspective, bitcoin is still too complicated. For you guys who are above average or very tech savvy the blockchain is probably so simple, but to the average Joe this stuff is way to complicated.
Now people see ( and again i could be wrong) that there is Bitcoin classic, some other bitcoin?, nodes, wallet, codes, blockchain etc. Then they walk away confused.
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November 30, 2017, 10:14:15 AM
 #228

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
The reason why Bitcoin is complicated to them is because they lack the knowledge , ideas and information about Bitcoin if we give them enough ideas about it maybe they will easily understand how it works and try to invest more in Bitcoin. That is what i think why they think that Bitcoin is complicated and can not understand how fully it works and to use. Lets just understand them if they think it was complicated.
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December 01, 2017, 07:10:05 AM
 #229

I think bitcoin is not too complicated to understand if you really want to know and understand it. From a point of ordinary user, they just need to know to creat a wallet and use their wallet, find out how to exchange and trade as a regular deal. I think just difficult to understand how to mining or something deeper in bitcoin, and easy for people who just need to know how to do normal works ! Beside, bitcoin is illegal in many countries and not popular in all world and generation. To make old people or teenager understand bitcoin, it is not easy while they don't know about bitcoin and bitcoin is not a thing government encourage citizen doing research. In future, if bitcoin is accepted by government and popular, people will understand it easier !
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December 01, 2017, 07:13:31 AM
 #230

When one thinks something to be a complicated, surely however ease we explain he cannot understand it. This is not because of our way explanation or just because of the way it has been developed. It is the receivers mind, he has already fixed it to be complicated, when the concern mindset changes automatically he understands in a much better way in a short.
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December 01, 2017, 07:29:48 AM
 #231

I agree with you. When you start using Bitcoin, it can become complicated for understanding. When I decided with investing, I made my own research to clear the situation up. And you know what? Everything is ok. Just don't be lazy to get acquainted with it at least on different forums.
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December 01, 2017, 07:40:47 AM
 #232

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.

maybe it depends, different people have different level of attention and focus, sometime you have to try different approach if you want them to learn and absorb the information. For me bitcoin is not that complicated if you want to learn how to use it and spend it. It is like the same as other currencies but without transferring your money to banks. But as far as its system it is really complicated to learn specially its block chain.

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December 01, 2017, 07:43:17 AM
 #233

it all depends on each person, if they think bitcoin is difficult and no effort to master and understand it then the person will never understand it, and I think bitcoin is not that difficult, if they really want to learn and understand it, they just need to know how the bitcoin work and how to get it, and the benefits they will gain if they join into bitcoin, and see from the potency and growth of the better bitcoin, I think there will be many new people who will study the currency crypto bitcoin
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December 08, 2017, 10:42:41 PM
 #234

Yes,To use bitcoin,you also need to download the electronic wallet and save the private key.

As easy as downloading an app from a google store and in many wallets keys are being saved in the cloud, you just need to remember your recovery phrases.
Millions of people are downloading stuff on their phones every day. Millions are scanning qr codes. Bitcoin isn't difficult if you're used to doing these basic things!
Yeah Bitcoin is too easy as just downloading an app on Google play store. Bitcoin is popular among the peoples of every age and every level of society. Bitcoin is a simple, safe and fast digital currency. Just you have to remember your recovery phrases and scanning code. The students are involving in Bitcoin a huge number. So how can we imagine that Bitcoin is complicated for average people? Bitcoin can be used on our mobile phone and also on laptops.
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December 08, 2017, 10:58:28 PM
 #235

Just watch tutorials on YouTube from the beginning and start reading articles abt the progress of bitcoin ull have a clearer idea

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December 08, 2017, 11:10:33 PM
 #236

Bitcoin is not too complicated to go inside as long as you do not focus too much on its multi-faceted technicality. Simply put it and you can see the bigger picture here. Of course, as in any life, always keep learning especially if someone is still unfamiliar with Bitcoin. You have no choice but to learn and anyone can do it slowly in no hurry at all so no excessive information can arise.
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December 08, 2017, 11:17:38 PM
 #237

Because it applies to those people who are smart and believe on bitcoin. we are on the same boat and people wants to look on us if we got achieve. i'm a trader and i believe in Bitcoin.
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December 08, 2017, 11:23:17 PM
 #238

I think there is no difficult thing when you start to learn it with everything you've got, i think people learn and understand what they want to learn, it woul be easier for people to understand if they really wanna learn and know about the thing that they wanna know.

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December 08, 2017, 11:58:48 PM
 #239

Nah man, it's not some deep philosophical question level of archaism when it comes to bitcoin and cryptocurrency. It takes a small gander at a wikipedia page or any other info article to get the basic idea how those types of currency work. Elders and older generations will probably not grasp it but they also don't want to touch smartphones or any new technology unless they are open enough. Granted the latter is a bit more open, but still. The deeper parts of cryptocurrency also aren't that hard to grasp, unless you want to dig deep into what makes it work. That will require a bit of dedication.

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December 09, 2017, 08:06:26 PM
 #240

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

I don't agree with you, i don't this its complicated. For those people who think its complicated they're lazy enough. They're easy give up without testing it. About making account and fee. Its a part of bitcoin you have pay fee. There's nothing free in this world . In order to gain you have to lost something .
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February 01, 2018, 10:51:56 PM
 #241

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

I don't agree with you, i don't this its complicated. For those people who think its complicated they're lazy enough. They're easy give up without testing it. About making account and fee. Its a part of bitcoin you have pay fee. There's nothing free in this world . In order to gain you have to lost something .


Well, not every one has to agree with me. It was my opinion only, but I hope Fairx & Robin hood interface will be easy to use, so any people without any crypto experience can buy bitcoin easily. 2018 looks bright as many more company coming forwards with revolutionary idea.

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February 01, 2018, 11:26:25 PM
 #242

It would be too complicated for a regular people if you tell them how
it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
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February 01, 2018, 11:30:00 PM
 #243

I don't agree with you, i don't this its complicated. For those people who think its complicated they're lazy enough. They're easy give up without testing it. About making account and fee. Its a part of bitcoin you have pay fee. There's nothing free in this world . In order to gain you have to lost something .
Well, not every one has to agree with me. It was my opinion only, but I hope Fairx & Robin hood interface will be easy to use, so any people without any crypto experience can buy bitcoin easily. 2018 looks bright as many more company coming forwards with revolutionary idea.

Complicated or not depends on each person. Everyone has different abilities, cannot be equally levelled. Based on my experience, I used to think cryptocurrency is quite complicated, but after learning and asking a lot, I found a bright spot. Experience is the best teacher.
For people who are laymen of technological developments will surely consider this very complicated.

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February 01, 2018, 11:32:02 PM
 #244

I agree that bitcoin is too complicated for the average person, but that over time cryptocurrencies will be made more user-friendly. Right now we are in the early stage of the technology in which security and a functioning blockchain are emphasized.
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February 01, 2018, 11:34:49 PM
 #245

All cryptos are too complicated for average people, both for understanding how they function, and for understanding ho to actually use the,. This creates some adoption problem. I guess adoption rate will explode only once we will have very user friendly interfaces for mainstream users.

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February 01, 2018, 11:36:32 PM
 #246

It is quite complicated because you need to understand deeply what it is all about. Need to have more knowledge and patience in understanding how it works and how to do with it. But little by little as you learn to understand and appreciate the whole crypto currency its amazing and its easy to do. Just to be open minded and the willingness to learn is very imporatnt for you to be more productive and profitable in the future. For us to gain we need to work harder no matter how hard or complicated the situation is just keep on pushing and trying.
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February 01, 2018, 11:38:40 PM
 #247

When I wanted first to invest in btc I faced the same complications which are headache and I was ready to give up and abandon btc for searching another business opportunity.
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February 02, 2018, 12:13:12 AM
 #248

Yes it is.it very complicated to average people.Even Not average people is complicated also because i've introduced her about bitcoin and explain everything she is in the government employee with the high rank,she did not understand at all.Or maybe she has no interest in bitcoin.
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February 02, 2018, 01:10:59 AM
 #249

Well, Ill just answer some of the easy questions, where how can Average  People or individuals cope up to this tech or Currency where all they do is do FB, Youtube and etc,. BUt I believe that through those sites they are more advance in doing campaigns, I know they are gonna do Bad at first and do some mistakes and probably left if it gets bored but, there really are some who uses them as advantage once they had a grope on the basics and process of Cryptocurrency. From our Country they dont Just give up that easily for some are still unEmployed and ready to face anything just to earn some Cash.

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February 02, 2018, 01:25:37 AM
 #250

Yes it's really hard at first. When I just started using bitcoins, I found it really complicated since there's a lot of things that I need to know to fully understand it. What I did was just self study, I researched on google, watch videos on youtube and then I found this forum. Learning bitcoin isn't an easy task, you they just need perseverance in researching and courage when making their first transactions.

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February 02, 2018, 01:31:23 AM
 #251

Despite his asceticism towards bitcoin as an independent currency, experts believe that digitalized forms of money will replace current fiat-based financial systems. However, here’s the problem with Bitcoin; it’s just like any emerging technology. The technology here isn’t Bitcoin, it’s digital currency. And with any emerging technology, the first few attempts are gonna have some problems. It is number one, too complex for the average individual. The blockchain mining of coins is becoming increasingly expensive… We can talk forever about the intricate technical problems or lack of such. But from my personal opinion, I think the electronic currency will be Bitcoin. Honesty, there will be an electronic currency, that I promise you. And if it’s Bitcoin, great. I just don’t think it will be.” One main concept of Bitcoin which the general population fail to embrace is its decentralized and transparent nature. The Bitcoin blockchain network, a peer to peer network is secured and maintained by millions of miners around the world. Which means, the network does not require the existence of central authorities or third party applications and mediators to revoke, restrict and alter transactions or activities on the network.
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February 02, 2018, 06:05:24 AM
 #252

It would be too complicated for a regular people if you tell them how
it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
I remebered how I introduced bitcoin to my parents. the thing is, they were wondering from where did we get our funds from, and i said, from doing jobs in bitcoin forum. They asked more questions regarding this and I really did not know how to explain it in simple terms. I just said that bitcoin is a kind of currency in the digital aspect. in the physical world, we use paper fiat for payment, in the digital world, we use bitcoin. in the forum, we are paid in bitcoin for promoting ads (campaign) that my friend, made them understand (at least somehow) how bitcoin works and how we earn from it.
Just teach old folks  based on their level of understanding, be patient with them and also analogy works!
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February 02, 2018, 07:24:33 AM
 #253

It would be too complicated for a regular people if you tell them how
it works. Tell them that bitcoin is a currency and you can
use it to buy stuffs over the internet. It's that simple.
I remebered how I introduced bitcoin to my parents. the thing is, they were wondering from where did we get our funds from, and i said, from doing jobs in bitcoin forum. They asked more questions regarding this and I really did not know how to explain it in simple terms. I just said that bitcoin is a kind of currency in the digital aspect. in the physical world, we use paper fiat for payment, in the digital world, we use bitcoin. in the forum, we are paid in bitcoin for promoting ads (campaign) that my friend, made them understand (at least somehow) how bitcoin works and how we earn from it.
Just teach old folks  based on their level of understanding, be patient with them and also analogy works!

That's nice story! I like it. If I can just give you merit for
this. Thank you.

Let me tell you another story. The father of my friend just got in
to trading because my friend told his father that bitcoin is like
a bank wherein your money grows over time.
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February 02, 2018, 08:49:11 AM
 #254

maybe they feel too complicated because they think that they need to understand and need to learn about blockchain and how to make the transaction and how much about the fee. this is normal because if they want to learn more about bitcoin, I am sure that in the end, they don't feel that bitcoin is too complicated to them and I am sure that they will learn more because they are interesting with bitcoin. maybe they will get difficult for the first time and as long as we can explaining to them, they will not feel like that anymore.
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February 02, 2018, 08:53:51 AM
 #255

I think this will depend on how deep you want to go in to it.. of course you need some basic knowledge but the deeper you go in it the more complicated it gets.

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February 02, 2018, 09:06:16 AM
 #256

Agree with the OP, it is hard to start purchasing alt currencies not just bitcoin, the wallets are to new starter off putting at best and confusing at worst.

If you lose your passphrase your F**cked, why is there no reset pass?, not really thought about it, but yes OP is correct No official Bitcoin site was a easy play for the scammers to swoop on.


If a Alt currency wasn't to get mass adoption, make it easy for the masses to adopt, Ripple is overly complicated to purchase, could easily have just had a button fund wallet, add the required 30 XRP to fund the wallet, instead there is some link to dodgy arse looking site in Romania, upload your ID, F**k that.

Fees fees every time you blink someone is taking a slice of your investment.


Mass adoption would increase the value exponentially, which is surely a good thing.
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February 06, 2018, 06:01:27 AM
 #257

Yes it is.it very complicated to average people.Even Not average people is complicated also because i've introduced her about bitcoin and explain everything she is in the government employee with the high rank,she did not understand at all.Or maybe she has no interest in bitcoin.
It is very clear that your interest matters a lot. If you are not interested in something or are not willing to understand it, no matter how simple and easy it is, you would not be getting it.

Even if the concept is really very complicated and you are unable to understand it in the first attempt, your keen interest motivates you for working hard to get the basic concept. This lady is already doing a good job so I don’t think so she has taken any keen interest in it.
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February 06, 2018, 06:24:59 AM
 #258

I strongly disagree to say that bitcoin is too complicated. There are many services that make it easy to buy and use Bitcoin. Signing up with Coinbase or Gemini is no more difficult than getting accounts elsewhere, and linking bank accounts to them is no different than setting up automatic payments for things like mortgage bills.
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February 06, 2018, 06:57:00 AM
 #259

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.

You have the best idea, most of the best knowledge we earn is through internet by searching on google or search engines or any social medias, without the internet, cryptocurrency will never exist and we will all be having a hard time to learn about mining or any stuff that is connected to cryptocurrency.

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February 06, 2018, 06:57:23 AM
 #260

For me based on my experience, it is not that complicated. But I really put time and effort to learn more about it. It's not gonna be that easy epsecially for first timers but then if you are eager to learn and really want to know and excel on something that you will equip yourself to be able to use it and maximize its portential for your life. I am not a techy person but I did it. Smiley

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February 06, 2018, 07:51:25 AM
 #261

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.

You have the best idea, most of the best knowledge we earn is through internet by searching on google or search engines or any social medias, without the internet, cryptocurrency will never exist and we will all be having a hard time to learn about mining or any stuff that is connected to cryptocurrency.



but mostly do is to have the right understanding about bitcoin and basic learning is a way for you to understand it well everything are not may got for in a short period of time it may take time and take this seriously.

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February 06, 2018, 08:21:22 AM
 #262

Yes i strongly with your opinion that bitcoin is very complicated for average people and for those who have not able for computer work and less educated people. the bitcoin is totally dependent on internet and without internet it is not accessible from the worldwide.
Bitcoin is too complected for the average people because they have not much time to spent on bitcoin and if you are commited to bitcoin then for earning of bitcoin you must have the knowledge and skills regarded computer if you are computer literate then you will be good in the market.

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February 06, 2018, 11:49:13 PM
 #263

For me based on my experience, it is not that complicated. But I really put time and effort to learn more about it. It's not gonna be that easy epsecially for first timers but then if you are eager to learn and really want to know and excel on something that you will equip yourself to be able to use it and maximize its portential for your life. I am not a techy person but I did it. Smiley

Complicated or not, Bitcoin can still get sent to people that have a wallet address. If they ask for Bitcoin then they might get it sent to them.

 
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February 07, 2018, 12:35:53 AM
 #264

This is very complicated to an average person, but in some applications tutorials are being provided to even make it easier to use, its a user friendly technology. But to those who don't really have the idea about computer and technology they don't really understand the whole situation. But the willingness and the eagerness of the person on everything will make him find some ways in order to learn and understand. But in the end time will come that you fully understand and try to appreciate what is it really you can say that its just easy and its not complicated at all.
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February 07, 2018, 12:58:11 AM
 #265

I think many consider bitcoin or crypto currency very Complicated when first hear it, but if they want to learn and follow the process, maybe they will understand, because I think to know it all takes time and learning.
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February 07, 2018, 01:23:48 AM
 #266

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

This is very complicated to a non internet user who only live using tv and cellphone but not on a user who always watch youtube and using social media. If a people is eager to learn there will be so many ways. There are so many tutorials videos in youtube on how bitcoin works and how to make bitcoin. If you want to avoid high fees in buying or selling bitcoin you need to find people and make a transaction face to face.

You have the best idea, most of the best knowledge we earn is through internet by searching on google or search engines or any social medias, without the internet, cryptocurrency will never exist and we will all be having a hard time to learn about mining or any stuff that is connected to cryptocurrency.



but mostly do is to have the right understanding about bitcoin and basic learning is a way for you to understand it well everything are not may got for in a short period of time it may take time and take this seriously.

Even it is complicated a lot of newbie investors have invested in it without knowing what kind of technology it is and those people are fueled by greed. Bitcoin's technology is what of the best technology that has been created in my own opinion, the blockchain technology has a lot of use, not only for crypto currencies and monetary use. Cool

This technology might be complicated to other people and if you have knowledge about blockchain its an advantage because you'll trust the technology and not the FUD that the media's are spreading. Cool
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February 07, 2018, 05:37:15 AM
 #267

I think many consider bitcoin or crypto currency very Complicated when first hear it, but if they want to learn and follow the process, maybe they will understand, because I think to know it all takes time and learning.

actually, what they need is only learn for a little and spend their time to study what is cryptocurrency or bitcoin and I think if they only know about how to buy, how to receive and send the coins, it is enough for them. but if they want to dig more information about cryptocurrency, they can also make a money from cryptocurrency. most people will fear about the word "investment" because they have a bad experience in their past but something that they should know that the real investment never lied to them and will give a profit in the end of the contract. but they need to search what kind of investment that will give them like that and cryptocurrency trying to give this opportunity to them.



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February 07, 2018, 06:04:48 AM
 #268

yes i think it is too much complicated for average people because you have to knowledge about how to work on internet average people are interested in bitcoin but it is take lot of time to used to it they should learn some knowledge that will save time.
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February 07, 2018, 07:23:17 AM
 #269

Bitcoin is really absurd for someone who has never heard of bitcoin before, and most people generally consider it a virtual digital currency and seldom find the technology it contains. However, as long as you study hard, bitcoin does not have to be complicated. You can start from visiting the forum, participate in some bounty activities, and gradually improve their knowledge level.
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February 07, 2018, 07:53:13 AM
 #270

Bitcoin is responsible for those who are new to it. It does not study too systematically and can only explore itself. It can be said that investing in bitcoin is looking for experience from failure and growing up from experience.
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February 07, 2018, 08:35:24 AM
 #271

What do you mean with average people? Theres no complicated in this world if someone want to learn about it
So it depent with that people who want it
If you want money you have to work hard or harder than other people

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February 07, 2018, 12:09:28 PM
 #272

I think many consider bitcoin or crypto currency very Complicated when first hear it, but if they want to learn and follow the process, maybe they will understand, because I think to know it all takes time and learning.

Many people may understand bitcoin if they study all about it, if they really want to know, they do other way to understand bitcoin. I don't think its too complicated  , bitcoin will be complicated to those people who don't have internet.
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February 07, 2018, 12:13:18 PM
 #273

Define average.
I think today many people have basic knowledge about internet and techonolgies, they learn that already in schools, so that they can understand bitcoin and other cryptocurrencies.
The biger problem is that many people don't even put the smallest effort to learn something about bitcoin or even to read the basic information because profit is their only focus.
I don't think that bitcoin is too complicate but there is lack of basic interest for basic information about it.

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February 07, 2018, 12:25:25 PM
 #274

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.


I think I can agree with the first part that ordinary people would find it too techy and sketchy at first. that is, if they stumbled upon it with absolutely zero knowledge. i think with the speed that technology boosts cryptocurrencies nowadays it will soon become easier for ordinary people to invest in crypto currencies. also, you also have to do your homework. research, ask, and take time to understand even the most basic processes. it is indeed dfficult but if you really want to get involved then why not. stocks and bonds also appeared much too complicated at first but when you get the hang of it it's gonna be much easier. plus there are countless services out there that offer decently effective and easy ways to handle bitcoin trading. it's always a gamble but that doesn't lessen the possible benefits that you may get.
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February 07, 2018, 12:32:04 PM
 #275

I think the OP is right. Let's not just sidetrack what he's said. For the "average" person bitcoin is complicated in comparison to a regular fiat account. Very much so in fact.

With bitcoin you need to transfer to an exchange that accepts fiat currency (most of them don't). You then need to buy bitcoin from within a sea of red/ green everchanging prices. Your dollar will get you a lot more or a lot less bitcoin today compared to yesterday or tomorrow, and nobody knows which way it will go. Once you have your bitcoin you then need to store it. You need to find a wallet. You need your wallet address, itself a string of more than thirty letters and characters that you have no way of remembering so you have to write it down. You also need your private keys. And if you lose these then your bitcoin is gone. Forever.

You also then need apps or cards that store bitcoin to be able to use it and even then you'll find most places won't accept bitcoin as payment. Even the very few that do will give you a different price of their goods because of the extreme fluctuations in bitcoin's value, so you have no stable price of goods which makes it impossible to budget with your money. Even if you do actually buy something with bitcoin you will have to pay hefty transaction fees that go to miners to confirm your transaction on a digitised ledger called the blockchain.

Most people don't even understand very simple notions like, for example, the difference between a fixed rate and a variable rate on a savings account. Some struggle to even use a basic calculator! What chance would they have with the above?

Therefore, all the people on here answering that bitcoin is no more complicated than regular currency are clearly deluded.

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February 07, 2018, 01:05:29 PM
 #276

In fact it's nothing complicated in all that crypto sphere. It's complicated cause there are too many sources of information and you your attention divides. The one can just choose one good portal like bitcoinwiki org or some FAQ and read it. Of course if you're deep in mining you must also know more about all that technical details like hash etc.

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February 08, 2018, 02:40:47 PM
 #277

Bitcoin is not easy to learn, there are many things to explore and ways to follow, it is complicated but if you make time and effort to study about it, eventually they will learn. It is best if someone will guide them when they start, it will give them assurance that they are making the right thing, and there will be someone to guide them if they encountered something strange.

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February 08, 2018, 02:46:39 PM
 #278

Yes, bitcoin is too complex at the moment. The journey is started.

The process of buying, store in wallet, external wallet, price fluctuations, the idea behind.

However at the moment Bitcoin (and altcoins) is clear for the average people the market cap is amazing.
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February 08, 2018, 02:50:54 PM
 #279

Sending emails and making a website was even more complicated in the very beginning.
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February 08, 2018, 02:54:37 PM
 #280

It is as easy as it gets. Compared to other investment where you have do a lot of paperwork, here everything is already online. No middle man. Just you and your bitcoin. On the issue of fees, just think that they're not doing this for free. But also that it benefits us as without exchanges, bitcoin won't prosper.

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February 08, 2018, 03:28:11 PM
 #281

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.
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February 08, 2018, 08:09:48 PM
 #282

I think the OP is right. Let's not just sidetrack what he's said. For the "average" person bitcoin is complicated in comparison to a regular fiat account. Very much so in fact.

With bitcoin you need to transfer to an exchange that accepts fiat currency (most of them don't). You then need to buy bitcoin from within a sea of red/ green everchanging prices. Your dollar will get you a lot more or a lot less bitcoin today compared to yesterday or tomorrow, and nobody knows which way it will go. Once you have your bitcoin you then need to store it. You need to find a wallet. You need your wallet address, itself a string of more than thirty letters and characters that you have no way of remembering so you have to write it down. You also need your private keys. And if you lose these then your bitcoin is gone. Forever.

You also then need apps or cards that store bitcoin to be able to use it and even then you'll find most places won't accept bitcoin as payment. Even the very few that do will give you a different price of their goods because of the extreme fluctuations in bitcoin's value, so you have no stable price of goods which makes it impossible to budget with your money. Even if you do actually buy something with bitcoin you will have to pay hefty transaction fees that go to miners to confirm your transaction on a digitised ledger called the blockchain.

Most people don't even understand very simple notions like, for example, the difference between a fixed rate and a variable rate on a savings account. Some struggle to even use a basic calculator! What chance would they have with the above?

Therefore, all the people on here answering that bitcoin is no more complicated than regular currency are clearly deluded.

Lol

The only deluded person here is you or perhaps plain foolish. Do you even know how regular currency works? You speak a lot but say nothing.

 
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February 08, 2018, 08:12:20 PM
 #283

Bitcoin might be complicated for older generations that don't use Internet and other technologies that much but for younger it shouldn't be difficult. Anyway I think that everyone who has a little interest and will can easily learn the basics that could help him to understand and use bitcoin.
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February 08, 2018, 08:14:47 PM
 #284

it's not particularly complicated, it's mostly very raw, but like the forex, very simple platform will see the day
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February 08, 2018, 10:40:19 PM
 #285

Bitcoin accepted as global currency but still it is complicated for  majority of people because pof less knowledge and unawareness.They believe that it is like mystery but in real Bitcoin is latest amazing technology of current era.

Bitcoin access is possible even for average people by conducting seminar,community mobilization to create awareness.

Got my account back! It was hacked. Sorry about it :|
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February 08, 2018, 10:47:27 PM
 #286

When i started with cryptocurrency i honestly dont know anything about it.
But that doesnt stopme from pursuing in this field.
There are a lot of ways for anyone to familiarize themselves with it.
They may ask people who have been with crypto first or make use of the internet and search anything about cryptocurrency.
I do believe that if someone has the perseverance and will then he/ she will also succeed in cryptocurrency.

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February 08, 2018, 10:53:34 PM
 #287

Actually the use of bitcoin should not be as complicated as you say. In fact I think that the vast majority of those who are now involved in this ecosystem arrived here without much prior knowledge in computer science and yet we have learned the basics of bitcoin on the fly. And I think that most people have the intellectual capacity to incorporate this nine technology into their lives, just as they were coupled to cell phones and the internet
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February 08, 2018, 11:03:09 PM
 #288

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
It's really not complicated at all and it doesn't take one to be a genius to know how bitcoins and other cryptocurrencies work at all and i think that with a little bit of reading and education, one can know all there is to know about it without a big deal at all.
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February 09, 2018, 05:15:58 PM
 #289

When I learned about Bitcoin it also seemed to me too complicated, to difficult to be understood. However, with time I got it: it can be easy even for simple people without special education.
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February 10, 2018, 10:46:25 PM
 #290

Not everything is impossible, even some below the average person who can learn what about bitcoin and its usefulness. People should only learn or research what they do and should love bitcoin if they want to learn slowly. Cool
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February 10, 2018, 11:06:02 PM
 #291

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Man, bitcoin is simple its just all about the person on either he/she is willing to learn ir not.

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February 10, 2018, 11:07:59 PM
 #292

Bitcoin accepted as global currency but still it is complicated for  majority of people because pof less knowledge and unawareness.They believe that it is like mystery but in real Bitcoin is latest amazing technology of current era.

Bitcoin access is possible even for average people by conducting seminar,community mobilization to create awareness.

You are right. Bitcoin is designed in accordance with the digital era. Modern society needs only a few adjustments to be able to use it, but for the previous generation, I took my parents' example, quite difficult to understand. After all, tutorials on bitcoin are still limited. Learning resources will be more effective if through seminars or workshops are guided by experts.

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February 10, 2018, 11:10:57 PM
 #293

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.

I also worry, its not about free or not but its too high.
I dont mind that i should pay the fee but its not that high. If so high then it will small holder like me because my bitcoin loss bigger in fee than amount sent.
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February 10, 2018, 11:11:11 PM
 #294

Bitcoin like other cryptocurrencies, has a lot of difference when compared with fiat currency or other related means of payment. It is also not so complicated. It requires that one would have to invest time to study it properly before investing in or with fiat currency.

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February 10, 2018, 11:14:06 PM
 #295

actually not complicated but how they understand and how much intention to learn and also for those who have no computer experience can definitely exist if there is a strong intention to learn.
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February 10, 2018, 11:29:10 PM
 #296

For beginners it's hard to know bitcoin, but they think it's just a monopoly but it's up to them slowly they'll realize how useful bitcoin is like the internet. Cool
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February 11, 2018, 12:19:57 AM
 #297

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Learning is diverse to each one of us. One can learn from observing. One can learn from listening. One can learn from using both observing and listening. But, one can learn best if observing and listening will be infused with direct experience or hands on on how to do it. Experience is the best teacher after all.
Nothing is too complicated for people who are enthusiastic to learn.
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February 11, 2018, 12:44:59 AM
 #298

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin
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February 18, 2018, 04:37:13 AM
 #299

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin

Thanks for your input, yes now a days there are tons of video on yotube, and also lots of trading videos explain how to buy different coin, i believe it's getting easy day by day.
And more people will able to buy bitcoin.

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February 18, 2018, 04:47:54 AM
 #300

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin

Thanks for your input, yes now a days there are tons of video on yotube, and also lots of trading videos explain how to buy different coin, i believe it's getting easy day by day.
And more people will able to buy bitcoin.

I think bitcoin doesn't have to be complicated if a person has enough interest and curiosity. It may only take time to get used to it. Bitcoin is for all types of people even the average ones although it may be faster for tech savvy people to understand it but still anyone can learn and understand it.
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February 18, 2018, 05:02:22 AM
 #301

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin

Thanks for your input, yes now a days there are tons of video on yotube, and also lots of trading videos explain how to buy different coin, i believe it's getting easy day by day.
And more people will able to buy bitcoin.
the reason why bitcoin is still said to be complicated and confusing because they are reluctant and lazy to find out what bitcoin is? actually already a few years ago even though there are many articles and videos that explain what is bitcoin and how to get it. it's just that people people may not have the opportunity to access it. now more and more articles about bitcoin on the internet and even many who review about altcoin and ICO. there is no seizure if they want to read and understand it
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February 18, 2018, 05:04:58 AM
 #302

actually not complicated but how they understand and how much intention to learn and also for those who have no computer experience can definitely exist if there is a strong intention to learn.
I think it's hard to make bitcoin business for people who do not know how to use a computer, if they learn how to do it. But the computer skills are limited, they do not grasp the potential risks on the site, they are very vulnerable to hackers attack, to steal bitcoin. So I think if you do not have much computer skills then do not get involved in bitcoin.
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February 19, 2018, 12:55:04 PM
 #303

This is very complicated to an average person, but in some applications tutorials are being provided to even make it easier to use, its a user friendly technology. But to those who don't really have the idea about computer and technology they don't really understand the whole situation. But the willingness and the eagerness of the person on everything will make him find some ways in order to learn and understand. But in the end time will come that you fully understand and try to appreciate what is it really you can say that its just easy and its not complicated at all.
I completely agree. For a simple person it's very difficult to understand the essence of bitcoin and cryptocurrency in general. That's why people fear it, call it a bubble or a pyramid.
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February 19, 2018, 01:28:33 PM
 #304

I think it should be super intuitive to trade cryptocurrencies. We as community definitely have to add additional levels of abstraction on top of the technology that we currently use.

https://cryptagio.com - crypto exchange platform
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February 19, 2018, 09:44:11 PM
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Sincerely its just a bit complicated for some people, reason may be that opening different sites at a time might be too much for an average person, then keeping tabs or remembering most codes might also be too much. Once you are on and can navigate yours ways easily,  then every other thing gets easier. Average people just needs to be explained to properly, step by step until they get better at it.

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February 19, 2018, 10:23:55 PM
 #306

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
It's true that people struggle to understand Bitcoin especially in poor countries where they don't care too much about technology and what's going on.
I've been in this situation before where my surrounding is having hard time getting interested in it or simply just give up about it.
Without talking about those who don't have access to internet...
But yeah,there must be services user-friendly for new comers.






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February 19, 2018, 10:25:13 PM
 #307

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I do not see how it can be simplified, you install a wallet the same way any other software, and then you only need to copy and paste addresses and then send a payment, I'm sorry to say this but if some cannot deal with that then they do not deserve to use bitcoin.
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February 19, 2018, 10:35:11 PM
 #308


Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.

For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email.  Overkill.
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February 20, 2018, 08:42:38 AM
 #309


Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.

For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email.  Overkill.

I definitely agree))) plus emails themselves are not very convenient (so is BTC) and they were substituted by something more easy to use, like messengers

https://cryptagio.com - crypto exchange platform
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February 20, 2018, 08:53:41 AM
 #310

I believe the otherwise.
It is not very complicated for an average Joe to learn the nooks and crannies of it all.
Just treat it as regular money and there has to be security concerns along the way, so better manage risks.
Also, it is hard for the unbelievers to understand it but for those that open to bitcoin, information would just flow right in.
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February 20, 2018, 08:57:34 AM
 #311

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.


Bitcoin will be only complicated if you do not have internet running in your house, there are a lot of ways on how you can learn all the information like google and youtube. There is no doubt that bitcoins is really profitable now a days so work hard each day and strive to earn more bitcoins.

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February 20, 2018, 09:00:17 AM
 #312

I think so. a lot of people still don't know what's is Bitcoin and how it works, Not only that but also they are not familiar with cryptocurrency. I don't think that Bitcoin is too complicated to make understand for average people. if anyone wants to learn about this platform then it's not complicated for learning. I think belief is the vital reason for this issue, you have to believe first then you have to make clear yourself easily.
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February 20, 2018, 09:03:39 AM
 #313

Actually, I had a bit of hard time with bitcoin, from wallet, way of trading. However, try adding a time period. Everything is wonderful.
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February 20, 2018, 09:04:46 AM
 #314

I agree that bitcoin is complicated, and now bitcoin is being invested by more and more people.

People should learn something new and accept it.
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February 20, 2018, 09:36:42 AM
 #315

Bitcoin it is not complicated as long as you have knowledge about its basis. All we have to do is to study and to keep up with the new bitcoin info

The best is yet to come!
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March 03, 2018, 10:13:56 AM
 #316

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Agree that there must be a way to simplify the way you can buy and sell Bitcoin. We are moving in this field already in our Golden Currency project - we will make it that way that a person will just open account in our Golden Bank and will make it possible to exchange fiat to Bitcoin in one click in his online-bank or mobile app...It is understandable and easy for every person, even not familiar with details on Bitcoin and it will possibly result in increase of its users...

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March 03, 2018, 10:21:22 AM
 #317

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin

Thanks for your input, yes now a days there are tons of video on yotube, and also lots of trading videos explain how to buy different coin, i believe it's getting easy day by day.
And more people will able to buy bitcoin.

Actually, the complication highly depends on the effort one is exerting. Or it all depends on your interest. If a person is really interested to get to know Bitcoin and eventually get involved in it, he will definitely learn it. There is no point saying that one is interested about Bitcoin but since Bitcoin seems complicated, he will end up not learning it at all. That is silly. If there is a will, there is a way. That's an old adage that is applicable in this case. Everyone is available in the online world after all.
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March 03, 2018, 03:13:06 PM
 #318

I think so. a lot of people still don't know what's is Bitcoin and how it works, Not only that but also they are not familiar with cryptocurrency. I don't think that Bitcoin is too complicated to make understand for average people. if anyone wants to learn about this platform then it's not complicated for learning. I think belief is the vital reason for this issue, you have to believe first then you have to make clear yourself easily.
I believe that anything can be learned and understand through perseverance and determinance in studying it. People doesn't have to know how bitcoin really  works,  they just have to understand what it is and how are they  going to earn through it.  People sometimes hare stories about how they earn to other people and some if those people mistakenly thinks that it is easy. The attitude and behaviour of a person greatly affects how they will make decisions in earning money through bitcoin especially when it comes to trading. I doubt if the status of a person whether average or not will be a big  factor because I know some of different states but both manage to stay in the game.  Bitcoin will nor be complicated if people will not make it.

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March 03, 2018, 03:59:13 PM
 #319

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
I disagree, because bitcoin is different from the common currency we use.
bitcoin is very tied to the internet, bitcoin will not be useful in areas that do not have internet access.

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March 03, 2018, 04:08:14 PM
Last edit: March 06, 2018, 03:48:27 PM by resty
 #320

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

This was very true! It is hard for average people to learn this new trend especially when they are much intact with technology. I am not degrading them but I am just thinking logically. How can you be engage with this kind of exercise if you don't know how to participate? However, it was a good thing that an increasing number of individuals are being much aware and totally engage themselves with technology. This makes their participation in crypto world more possible.
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March 03, 2018, 04:16:15 PM
 #321

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I don't think bitcoin is complicated. Most people who invest in bitcoin don't want to know the technology of bitcoin, they only care about the price of bitcoin, so there are a lot of ordinary people around the world who are involved in bitcoin.
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March 03, 2018, 04:19:44 PM
 #322

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I don't think bitcoin is complicated. Most people who invest in bitcoin don't want to know the technology of bitcoin, they only care about the price of bitcoin, so there are a lot of ordinary people around the world who are involved in bitcoin.

I totally agree with you.  When I was new to bitcoin, I need not to understand about how it works.  All I care was to have an income and if its true that it gives income.  Later when I am totally exposed to bitcoin that was the time I understand almost everything about it.
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March 03, 2018, 04:38:45 PM
 #323

I think it is not. Especially for those "average people" who will see an advantages of Bitcoin. They will overcome any difficulties to earn money doing nothing. I mean without working for 12 hours per day...
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March 04, 2018, 03:04:07 AM
 #324

Bitcoin is complicated .You must do research and asked for gelp from other people ,you must used the internet to the best to your ability.People must  keep them updated with the changes in the financial activities   of bitcoin. daily.
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March 05, 2018, 09:11:35 PM
 #325

I myself did not believe in earnings on the Internet for a long time. In the end, after starting investing, I never finish my work.
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March 05, 2018, 09:21:02 PM
 #326

all our complicated opponents with intention and curiosity tau great to pursue success in this bitcoin.
all have positive results as long as we act and think positively also in everything.
nothing complicated if we want to try it.
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March 05, 2018, 09:28:52 PM
 #327

I beg to disagree that bitcoin is complicated for the average person. If say those below average, it might be understandable but not to the average. A better way that the average person would understand the concept of the Bitcoin/Cryptocurrency is taking a cue from the normal fiat/stock trading patterns already existing. With this, bitcoin can be understood clearly.
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March 05, 2018, 10:14:11 PM
 #328

Thankfully the younger generations are growing up very tech savy which will help overall adoption of crypto currency, but It can definitely be intimidating and complicating when trying to get started. Hopefully more and more tech is created which makes it easy-to-use. There are a lot of nice mobile apps that could help bridge the learning gap and get more people into it.
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March 08, 2018, 06:15:10 AM
 #329

For a better understanding of investing in the crypto currency, you better need to learn enough information. Now a huge number of forum sites in the literature projects to study the investment.
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March 08, 2018, 06:18:00 AM
 #330

I do not think it's so complicated, but it may be true, it's a bit confusing. but, if you intend to learn the system that is on bitcoin, I think it will be easy. those who force to benefit from bitcoin, of course will see that this is so complicated...

.SUGAR.
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March 08, 2018, 06:27:13 AM
 #331

I think thats the problem why bitcoin or other cryptocurrencies will never acceptet by the mainstream as payment method. Do you really think people will print their private keys and keep them somewhere safe? The most people cant keep their house keys without their lost. So i would say the mainstream people are just to stupid to be connected to cryptocurrencies. If you want to win the mainstream people, we have to do blockchain and cryptocurrencies a lot easier for them.
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March 08, 2018, 06:45:36 AM
 #332

yes i think it is too much complicated for average people because you have to knowledge about how to work on internet average people are interested in bitcoin but it is take lot of time to used to it they should learn some knowledge that will save time.

There are no correct guides and info about bitcoin at any site on the internet. To deal with bitcoin you need to have the right market knowledge. In fact I think this is complicated because users who use normal sites for trading also find it difficult to even understand the technical language used in bitcoin
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March 08, 2018, 06:49:09 AM
 #333

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.

imteaz seems right here.

Bitcoin indeed is complicated for most people. These are the people that call you for tech support because the internet has stopped working. Grandparents, the absent minded neighbour who is always kind to you, the non-techy boss who saved your ass a lot of times.

These are the people who have trouble following simple things, like restarting the computer in case of problems, or googling something up.

Such people need the right guidance, or in the best case they will end up falling for the Give 0.3 ETH, get 30 ETH scams.
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March 08, 2018, 07:03:07 AM
 #334

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
Well, as an investor, it is hard to mention Bitcoin to them because they do not know what Bitcoin is and what Crypto is, there is much to suggest that Bitcoin training courses should be open to the public. Because they need a new life, Bitcoin can help people change their lives if they know Bitcoin.
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March 08, 2018, 07:11:23 AM
 #335

From my experience, bitcoin is less complicated than others. It's accessible to most even to high schoolers. All anyone needs is the will to learn and everything becomes easy. Otherwise your just wasting your time.
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March 08, 2018, 07:11:57 AM
 #336

There are many who do not know where to buy Bitcoin, and they tend to be deceived. This is a complicated operation for many novices.
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March 08, 2018, 07:12:31 AM
 #337

Bitcoin is absolutely not too complicated for average people.Even i think it is complicated as user who is using normal site for trading also find it difficult to even understand technical language that are used in bitcoin.
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March 08, 2018, 07:32:03 AM
 #338

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on the internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch the youtube video, use FB or other social media, you expect him/her to know all these things? I have seen people give up easily, and think it's too techy.

I believe if Bitcoin sells coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss.

When you use Bank or Online banking, If you have any problem, you can actually go to a branch or call the customer service fix the problem, Bitcoin has no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet is too complicated to use, it has some weird functionality, such as MEW, every time you log in, you have to use keychain, or a file as your private key and password, when you get a get it doesn't show on your account, you actually have to add custom, which is really confusing sometimes. And I always hear people get hacked, their balanced is gone. which is really scary after all these securities in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in a certain country, such as Canada. Yes, i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy at the current price?

Why do most of the exchange not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problems, why would a normal average people, who don't have enough time will invest bitcoin or any other coin? This is the real reason I believe we see the market cap in cryptocurrency under $200 billion. If it was easy to use, for normal people it would have jumped to Trillion dollar.
For some people Bitcoin is complicated. Maybe because some people are very difficult to catch the knowledge that is on Bitcoin. Especially for people who just know Bitcoin, must be the very layman to hear the word 'Bitcoin'.
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March 08, 2018, 07:35:27 AM
 #339

It is complicated in the beginning, as time pass by, people who work in the industry will figure out a way to simplify for less educated users. People find currency market is complicated in the beginning, however as time pass by, now it is one of the easiest way to trade in trading market.
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March 08, 2018, 08:00:15 AM
 #340

Bitcoin is not complicated to common people, it depends on people how to use their bitcoin properly. Even though it's common people they can show how they can run or follow the same as those who are tall.
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March 08, 2018, 08:07:57 AM
 #341

I agree with the op

A mainstream newcomer to bitcoin only want to buy BTC at good price to expend somewhere or hold on his pass (1234) protected hypersecure wallet, he didnt know that he need to know about exchanges, privatekeys, blockchains, miners, etc...

He only need to download an app for iPhone, register with email-pass, buy BTC with credit card and expend BTC, no more, no less.

DeepOnion ⚡ Anonymous & Untraceable Cryptocurrency
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March 08, 2018, 08:16:58 AM
 #342

In a way I don't agree with the OP
FYI our generation is considered to be an intelligent one and by now we are expected to at least know how to use a computer, the internet and have some financial literacy to easily cope with the bitcoin technology. AFAIK you don't have to be an expert or need to know the technical side of btc to use it you can either be a beginner, intermediate or expert(technical) user and still use bitcoin with ease.
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March 08, 2018, 08:22:23 AM
 #343

i dont see the complicated thing about bitcoin if you associated it with wallet, trading, fee etc. People who said that it's too complicated means they easily give up before try doing it or it's language problem things  Grin because every time you wanna make wallet for example the website certainly include tutorial how to create wallet in their website so everyone knows how to do it. Fees etc?simple thing to understand it is like taxes for your transaction.
And as addition every people i met will understand what is bitcoin if you explain it to them

true, I don't feel its complicated. I find it easy. You will have only to do bitcoin account in which it will be associated with your wallet and trade it. for me It is an easy way of earning money. if you really want to learn  you will learn and if youbare already used to it. it is very easy.
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March 08, 2018, 08:28:34 AM
 #344

In a way I don't agree with the OP
FYI our generation is considered to be an intelligent one and by now we are expected to at least know how to use a computer, the internet and have some financial literacy to easily cope with the bitcoin technology. AFAIK you don't have to be an expert or need to know the technical side of btc to use it you can either be a beginner, intermediate or expert(technical) user and still use bitcoin with ease.

Not really, most of people here in this world is not a techy kind of person. Young generation is only perhaps 20-30% of population while the rest will surely struggle how to do a transaction with bitcoin.

Thats why I like project who are aiming to reach mass adoption just like electroneum did. Their investors and users are mostly beginners.

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March 08, 2018, 08:35:00 AM
 #345

cryptos are too complicated for average people, both for understanding how they function, and for understanding ho to actually use the,. This creates some adoption problem. I guess adoption rate will explode only once we will have very user friendly interfaces for mainstream users.
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March 08, 2018, 08:36:24 AM
 #346

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin

Thanks for your input, yes now a days there are tons of video on yotube, and also lots of trading videos explain how to buy different coin, i believe it's getting easy day by day.
And more people will able to buy bitcoin.

I think bitcoin doesn't have to be complicated if a person has enough interest and curiosity. It may only take time to get used to it. Bitcoin is for all types of people even the average ones although it may be faster for tech savvy people to understand it but still anyone can learn and understand it.

Yeah, about that, what about those people that do not have/had access to education? Understanding bitcoin requires quite a bit of technical knowledge and resources too. A large part of the world is still illiterate, still developing. For example, in my country, India, alone, 280+ million are illiterate, and that is a significant part.
The average person in developing countries (actually, that comprises most of the population of the world) doesn't even have internet access, to be able to learn about bitcoin and use it.
It might not be "too complicated", but its definitely far from easy for them.
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March 08, 2018, 08:47:23 AM
 #347

I don't think what your point is, but in my own opinion i think that bitcoin is for those who are fully interested on it and believer on it, because even an intelligent people and know that they will earn money from it don't join here if they have not interested. Bitcoin is not hard to understand.Just gave more time and effort you will know everything about it.
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March 08, 2018, 08:55:28 AM
 #348

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I think bitcoin is not difficult for ordinary people. My friends, who had not been in touch with bitcoin before, soon learned to trade bitcoin. They can now easily trade in and out of exchanges, and are very safe.
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March 08, 2018, 09:10:58 AM
 #349

I think its complicated on people who dont have idea on bitcoin and always see the negative side of bitcoin, because even if you below the average people but you are so interested to that thing then you can acquire it no matter how hard it is as long as you have the strength to try it. Bitcoin is for everyone but its up to them either accept it or not.
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March 08, 2018, 09:20:10 AM
 #350

Well,not all. We've been through that hard times at first. That confused stage about bitcoin, how it works, and how can that bitcoin affects our economy. But it is not that too complicated. As long as you've understand the flow of bitcoin's system. Time management is very important to instill wisdom.
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March 08, 2018, 09:34:37 AM
 #351

Well,not all. We've been through that hard times at first. That confused stage about bitcoin, how it works, and how can that bitcoin affects our economy. But it is not that too complicated. As long as you've understand the flow of bitcoin's system. Time management is very important to instill wisdom.

true. we've been there. all of us been into a point when we first know bitcoin and we think that it is so complicated and we have a hard time understanding it.
wether you are below or an average person, as long as you are interested to learn about bitcoin, it doesn't matter your intellegence status at all.
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March 08, 2018, 09:51:29 AM
 #352

Like everybody said that bitcoin is complicated for average people,yes of course it is if you are just starting her in bitcoin and no idea how it works,my only suggestion if you are just starting do not try to go for buying bitcoin if no one can assist you who knows how to do bitcoin,learn yourself first before you move to another step.
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March 08, 2018, 10:04:52 AM
 #353

i agree that bitcoin is complicated but that is only because bitcoin is different, it is no longer like what we used to do before bitcoin like using banks, using services like Paypal,... now we are having all of them in one place. we are our own bank. and that makes it a bit complicated for newcomers to adapt.

but i strongly disagree with saying bitcoin is "too complicated".
and you talk a lot about buying fees, but that has nothing to do with bitcoin being complicated or not! that is just the fee that some third party service is taking in order to take your worthless fiat and give you valuable bitcoin Wink
I think it's not hard for average people to understand bitcoin. I am a average person but I understand it. It is not about the IQ it is about how you want to learn. If your aggressive to learn then you'll learn.
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March 08, 2018, 10:44:02 AM
 #354

i agree that bitcoin is complicated but that is only because bitcoin is different, it is no longer like what we used to do before bitcoin like using banks, using services like Paypal,... now we are having all of them in one place. we are our own bank. and that makes it a bit complicated for newcomers to adapt.

but i strongly disagree with saying bitcoin is "too complicated".
and you talk a lot about buying fees, but that has nothing to do with bitcoin being complicated or not! that is just the fee that some third party service is taking in order to take your worthless fiat and give you valuable bitcoin Wink
I think it's not hard for average people to understand bitcoin. I am a average person but I understand it. It is not about the IQ it is about how you want to learn. If your aggressive to learn then you'll learn.

Same as what you said it really is not complicated with average person just like me because it will solely depend on what each person's preference and interest. If a person who is entering bitcoins had a strong interest on it regardless if your an average or an excellent being then you will do necessary move to fully understand it. It is be in a way of researching information with regards to bitcoins or asking person who already had a vast experience about tips and strategies with regards to it.



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jakezyrus
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March 08, 2018, 10:54:28 AM
 #355

i agree that bitcoin is complicated but that is only because bitcoin is different, it is no longer like what we used to do before bitcoin like using banks, using services like Paypal,... now we are having all of them in one place. we are our own bank. and that makes it a bit complicated for newcomers to adapt.

but i strongly disagree with saying bitcoin is "too complicated".
and you talk a lot about buying fees, but that has nothing to do with bitcoin being complicated or not! that is just the fee that some third party service is taking in order to take your worthless fiat and give you valuable bitcoin Wink
I think it's not hard for average people to understand bitcoin. I am a average person but I understand it. It is not about the IQ it is about how you want to learn. If your aggressive to learn then you'll learn.

Same as what you said it really is not complicated with average person just like me because it will solely depend on what each person's preference and interest. If a person who is entering bitcoins had a strong interest on it regardless if your an average or an excellent being then you will do necessary move to fully understand it. It is be in a way of researching information with regards to bitcoins or asking person who already had a vast experience about tips and strategies with regards to it.

maybe you have already a background in computer or in i.t , that is why you find it easy to understand. in my case i also have an experience in computer related stuffs before , that is why learning the basics of bitcoin is only a piece of cake to me but i had to admit that my learnings are still not enough in order to be called a pro bitcoiner because there were still many things that havent yet learned in the past especially those technical ones. i think learning bitcoin is really dependent to each other. some people find it hard and some find it easy.
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March 08, 2018, 11:10:23 AM
 #356

It is complicated in the beginning, as time pass by, people who work in the industry will figure out a way to simplify for less educated users. People find currency market is complicated in the beginning, however as time pass by, now it is one of the easiest way to trade in trading market.

Yes right, I think bitcoin is too complicated, this we can see from wallet address consisting of 34 digits, I'm sure 99,99% bitcoin users do not memorize with their bitcoin wallet address.

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March 08, 2018, 11:11:59 AM
 #357

Bitcoin is not complicated to common people, it depends on people how to use their bitcoin properly. Even though it's common people they can show how they can run or follow the same as those who are tall.

I have said it many times and I will repeat it again, it all comes down to interest. For learning any new subject, only two things are required, first is the need and second is the interest. For instance, let us take the subject of mathematics. Some of the students are able to do great in this subject, these are the ones who have interest in the subject. Those finding it difficult are the students who fail to generate any interest in the subject. All this applies to bitcoins as well. if a person finds it interesting, he will not find it complicated.
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March 08, 2018, 11:27:18 AM
 #358

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Why is bitcoin complicated? Because I think bitcoin is only used specifically for people who at least know how the Internet works. If bitcoin is created for all people we might see bitcoin trade in social media freely. In addition events like our wallet accounts are exposed to hack will more often happen if there is no private key for security.
For the exchange of coins into the fiat it must be done because bitcoin own is digital money, the best that is in use for online payments, while to get local money it must be done exchange transactions. And also with the transaction through the local bank it helps the state because the transaction fee deductions are done.

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March 08, 2018, 11:39:39 AM
 #359

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I don't think bitcoin is hard for ordinary people. My friends, when I taught them to use exchanges to buy and sell bitcoins, they quickly learned that it was not for them. I think you think bitcoin is too complicated.
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March 08, 2018, 11:41:28 AM
 #360

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Actually all people have a right to know and to learn,even you are average people,if you are willing to learn and understand the trade about cryptocurrency.we could not underestimate some average people, because there are some of them are fast learner,they easily understand the scenario of digital currency system,even they are out of school youth and not finish there study.
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March 08, 2018, 11:46:06 AM
 #361

There are many services that make it easy to buy and use Bitcoin, and further development along those lines is going on all the time.  Keep in mind you don't need to understand the Federal Reserve and all the details about the banking system, credit card systems and so forth to use dollars. It's the same way with Bitcoin.

Signing up with Coinbase or Gemini is no more difficult than getting an account anywhere else, and linking a bank account to them is no different than setting up auto-payments for things like a mortgage bill. As far as fees go, if you are paying 5-7% you are doing it wrong. For example you can do an ACH transfer from your bank to Coinbase, transfer the money from Coinbase to GDAX when it arrives, set a limit order on GDAX to buy your bitcoin, and then transfer it to your personal wallet. The fees for doing all of that? Exactly 0 satoshis/cents.

That's right. I mean, there are so many platforms one can use to actually learn and be knowledge with activities related to Bitcoin. Everyone in the cryptocurrency market started out as newbies, and  their expertise came from different avenues such as continued reading and watching tutorial videos, experience and practice, and the need and curiosity to learn for improvement purposes. I think that if a person would just apply enough time and enough, even if he is an "average" person per se, say in the field of business, he or she can be able to learn and be able to use cryptocurrencies at its maximum potential for his advantage.
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March 08, 2018, 12:12:51 PM
 #362

Bitcoin does not stop transforming. With current growth Lightning network it could transform in real competitor for FIAT money. The current trend indicates that he has been programmed to evolutionate.
The main challenge for Bitcoin's is safeguard from cyber-thieves/bad people. But if compare with FIAT system. It threatening in the large scale. It’s touches every consumer. And suffers the most those who have less money.
The current growing generation will adapt quickly and easy to technical aspects. Just need time. And this technology will touch everyone.
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March 08, 2018, 12:17:44 PM
 #363

Technologically, Bitcoin indeed is way too complicated for an average person who doesn't understand much tech or coding part. Even, for a currency or trading purpose, a proper guide about wallets, private and public keys, safety, security, exchanges etc is required. Else, people can easily get scammed in cryptocurrency market. I think this complications is also a hurdle in the popularity of crptocurrencies and it is also a main reason that cryptocurrencies is  more popular among millennial and not among elders.
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March 08, 2018, 09:04:08 PM
 #364

Its true, but its a matter of time for it to become more and more accessible. Services like coinbase will appear more and more and generally it will become more available.
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March 10, 2018, 01:26:49 PM
 #365

For me it is not complicated for average people, because even a ordinary people can understand bitcoin as long as he is willing to learn about it. The willingness will help to know and more widen knowledge about bitcoin.
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March 10, 2018, 01:28:53 PM
 #366

Well we are on a modern time today, when technologies are growing too fast. It develops as a speed of light. Others can't feel it because they don't focus on here bitcoin.
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March 10, 2018, 01:42:05 PM
 #367

Bitcoin is indeed not a piece of cake. One can grasp the basics without going into details but to truly get the topic the knowledge of hash functions and digital signatures is absolutely required to acquired in the first place.

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March 10, 2018, 02:00:47 PM
 #368



 I think Bitcoin has  a lot to do with mentality, how you see it, if you think its complicated then it will be almost impossible to deal with, if you ready your mind then it will just be okay. i personally don't think its that complicated.
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March 10, 2018, 02:03:37 PM
 #369

Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
Well for me i dont think so that bitcoin is too complicated for average people, As if theyre too smart to be complicated and difficult to understand bitcoin system.
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March 10, 2018, 02:09:43 PM
 #370

I said this before, you don't have to understand the underlying technology to use Bitcoin. You can compare it to banks, do you really understand the banking system? For most people, the answer is no, but they are still using it. The user interface of wallet software decides the level of complexity. Luckily Bitcoin has a wide variety of different wallets, that are ranging from easy to complicated. These days there is something for everyone, you just need to make the right choice for a wallet.
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March 10, 2018, 02:14:19 PM
 #371

I think it depends on your level of willingness to learn about it. Because if you really are not interested about bitcoin then it would be hard for you to understand it. I remembered a saying my grandma told me when I asked her if she wants to learn how to use a cellphone, she said about you can’t teach an old dog new tricks and that’s what it is for people hesitant to learn about bitcoin.

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March 10, 2018, 02:28:23 PM
 #372

There's no such thing as complicated nor hard to everyone like everything is within the reach of our fingertips as so we can easily know the basics of crypto currency. If someone is eager to know and its willingness to adopt new innovation so there's nothing too complicated and please stop the stereotype in crypto world because there's no level of intellectual quotient is required here, as long as you want something then be it.

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March 10, 2018, 02:43:48 PM
 #373

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I agree but it depends in their willingness to learn the many things in bitcoin.If we know that they are an average people we must be  concern to them to teach and to inform them what is bitcoin because through this way we will help them to have also their source of income.
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March 10, 2018, 02:50:21 PM
 #374

To be honest, it doesn't require a lot of brain power just to invest in bitcoins or alt coins. It may be true that it has a lot of works going on in the background, but that doesn't the average joe can't research anything about it. All of the source material ypu need to fully understand bitcoins is in the internet.

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March 10, 2018, 02:53:07 PM
 #375

i dont think so...complicated or not it depend willingness from the people itself...they want learn it or not?...if they want learn it so they can learn it easily but it need long time though...but if you just see bitcoin as scam or something bad you will never know it well
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March 10, 2018, 03:06:07 PM
 #376

This is an investment market for technologists. But if you have passion then you can learn. To invest in this market is not too difficult for those not technologically savvy. Just as I started to learn it took me 4 months to find out.
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March 10, 2018, 03:16:51 PM
 #377

when the computer was created and was in use, too, it seemed difficult to many, but later it was simplified and made a more intuitive interface. I think bitcoin will be the same. but at this point, I think people who understood the essence of everything should be grateful to themselves and their perseverance that they were able to overcome it for themselves not to forget and learn to the end.
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March 10, 2018, 03:45:53 PM
 #378

Bitcoin is complicated .You must do research and asked for gelp from other people ,you must used the internet to the best to your ability.People must  keep them updated with the changes in the financial activities   of bitcoin. daily.


Previously I made my own research to remove the situation so as not to be complicated. And I think everything is fine. My suggestion is to search for information in different forums. When you start using Bitcoin, it can be complicated to understand, if we do not have a solid foundation of crypto currency.
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March 12, 2018, 07:34:05 AM
 #379

It's not that bitcoin is difficult to use, it's just a new concept for most people. The more popular it becomes, more streamlined apps and wallets will be developed, and maybe more effort will be put in to educating people about how to buy in and manage their accounts.
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March 12, 2018, 07:37:16 AM
 #380

This is precisely the reason gathering is made for , individuals new to BTC would come to find out about it by taking an interest in the discussion , they would become more acquainted with numerous things about BTC with various veiws from various individuals. I mean a large portion of us came to think about BTC by this discussion .the general population would then contribute their opportunity on gathering rather than online networking locales . At that point I don't figure it would be hard for an ordinary individual to utilize btc .
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March 24, 2018, 03:48:16 PM
 #381

Not only bitcoin but all cryptocurrencies are too complicated for average people, both for understanding how they function, and for understanding how to actually use them.  This creates some adoption problem. I guess adoption rate will explode only once we have very user friendly interfaces for mainstream users. This I hope will happen with time.
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March 24, 2018, 03:54:04 PM
 #382

Nothing is really simple unless you try it. All things come through if you practice and ask for help in using it. Bitcoin is really hard to understand at first. But the more you dive in with it, the more you will understand how it works. You really just need to put effort in learning what it is so that you will find it easier in the long run. When the time comes that you’ll understand how it works, you’ll start to learn how to manage your bitcoin well.
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March 24, 2018, 03:57:18 PM
 #383

Your brief lecture about Bitcoin is very knowledgeable and even helped someone who already spent a long time in this forum. Average people who currently use Bitcoin as a mode of transaction knows only very little about the knowledge needed to know how and why it works. I guess, the Bitcoin Platform is easy to understand but the Blockchain Technology which is behind most of Cryptocurrencies is complicated to learn and would take time before you can know how, why and what it is doing for modern technologies. 
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March 24, 2018, 04:02:04 PM
 #384

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I do not think bitcoin is too complicated. Everyone can learn it. The laziness has made many people think that bitcoin is complex. I was a computer lover, but bitcoin attracted me, and I spent over a day learning about bitcoin. Find out about bitcoin information and chain events to come up with the right conclusions.
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March 24, 2018, 04:06:30 PM
 #385

I will have to disagree with OP and say that Bitcoins isn't really complicated at all, Even Children are able to invest into Bitcoins and make profit but the pre-requirement is that you must at least know how to use a computer and access the internet without any help.

 
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March 24, 2018, 04:11:39 PM
 #386

Bitcoin complicated maybe it's for people who have not known bitcoin or use it. If you already understand about bitcoin is easy, learn about bitcoin. You really should try to learn what it is so that you will feel easier in the long run. When you understand, you will be able to manage bitcoin well.  Smiley
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March 29, 2018, 09:39:34 PM
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Maybe for people who do not know bitcoin, consider bitcoin is complicated. Actually bitcoin is not complicated if we learn and find out about bitcoin. And if I think bitcoin is like ordinary money.
 
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March 29, 2018, 10:02:39 PM
 #388

I think there are so many sources available in all languages that take different approach to explain cryptocurrency as a whole concept and specifically bitcoin as well, that it just takes time and focus and, well, practice, to understand. The problem is that there are many people who invest a lot without having any understanding of what they are doing, and then they end up loosing their money. So as much as I don't want to be a bore, but everyone should "do their homework" before investing seriously.
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March 29, 2018, 10:04:12 PM
 #389

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
that's right. I also think it is quite complicated. It takes a lot of time to get used to it. I think in order to get acquainted with it quickly, new entrants to invest btc should learn some knowledge and how to make deals from people they know. That will save time.
Never underestimate the capability of a average person. It's easy to understand this tech the only problem I see is being lazy to learn new things makes them quit. Also the volatility of the value in digital currency makes this a reason for them not to engage in this technology rather they will stay in a traditional way of fiat money.
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March 29, 2018, 10:33:34 PM
 #390

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
that's right. I also think it is quite complicated. It takes a lot of time to get used to it. I think in order to get acquainted with it quickly, new entrants to invest btc should learn some knowledge and how to make deals from people they know. That will save time.
Never underestimate the capability of a average person. It's easy to understand this tech the only problem I see is being lazy to learn new things makes them quit. Also the volatility of the value in digital currency makes this a reason for them not to engage in this technology rather they will stay in a traditional way of fiat money.

they just need to join a crypto community that is actively engaged in transactions, self-taught does not always work because more people are just exploring theory. business with fund management plus big risks can only be understood by people who dare to speculate, at least they have experience in similar business about investment.
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March 29, 2018, 10:35:06 PM
 #391

First time i was really confused too, but it took some times to understand how it works. So you need to spend some time to understand, or else it will be bit difficult for general people.

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March 29, 2018, 11:18:29 PM
 #392

you are surely right if you say Bitcoin is too complicated for average people. i have often times introduced the blockchain technological topics that are regularly talked about everywhere today, the responses i get in return confirms this subject matter. average people are not on the bitcoin and the blockchain technology. thanks
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April 02, 2018, 02:49:00 PM
 #393

Nothing is really simple unless you try it. All things come through if you practice and ask for help in using it. Bitcoin is really hard to understand at first. But the more you dive in with it, the more you will understand how it works. You really just need to put effort in learning what it is so that you will find it easier in the long run. When the time comes that you’ll understand how it works, you’ll start to learn how to manage your bitcoin well.

I think everything is clearly explained here. It is true that its quite hard for an average people to easily understand the principle of bitcoin at first. But the more you learn it and understand how it will be done. You will really know that bitcoin is a users friendly and a source of extra ordinary income if you strive hard to manage it properly. There is nothing that will remain complicated if we are eager to learn it even if we are belongs to an average educated people.
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April 21, 2018, 07:01:55 PM
 #394

Though,  it is complicated at first sight but once you research enough about what it is and how it works then it would be easy for you to gain bitcoin faster and steadier and just as what you've said Claiming faucet is the first way newbies earn bitcoin since it's the most common thing you can search on google about how to earn bitcoin and after learning bitcoin that other complicated things the we encounter is about how altcoins and bitcoin is connected and it's difference.
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April 21, 2018, 07:05:51 PM
 #395

Indeed , in addition my government still not legalized bitcoin yet so people have less knowledge and less awareness about bitcoin.
But if we see the positive side, there are a lot that bitcoin do and fiat can't do especially on this digital era.
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April 21, 2018, 07:06:11 PM
 #396

This is still an early stage of crypto. It will clear out in future and be more approachable to us.
Even for those who don't use computers.
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April 21, 2018, 07:06:44 PM
 #397

It is as easy as it gets. Compared to other investment where you have do a lot of paperwork, here everything is already online. No middle man. Just you and your bitcoin. On the issue of fees, just think that they're not doing this for free. But also that it benefits us as without exchanges, bitcoin won't prosper.
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April 21, 2018, 07:08:23 PM
 #398

Acutally you are right. BTC is too complicated ( Blockchain, mining, altcoins, markets, airdrops, wallets, pools...etc). But for investor wallet and market account is enought to invest in cryptocurreny.
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April 21, 2018, 07:08:53 PM
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it's not particularly complicated, it's mostly very raw, but like the forex, very simple platform will see the day.
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April 21, 2018, 07:13:36 PM
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Yes, I also noticed that bitcoin is a very complex fruit to the touch, ordinary people. He is given with difficulty and many are culling the oldest crypto currency Bitcoin. For example, Bitxoven, bitoven, bitokek and every way I have enough for fantasy.
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April 21, 2018, 07:41:25 PM
 #401

I think that if you start to wash floors for the first time in your life, it will be very difficult for you, too. Patience and work, in studying the articles of experienced holders of crypto currency, as well as monthly analysis of the movement of the chart, from an ordinary person will make you a fan of the crypto-currency market. I believe that when studying a particular area of ​​life, people almost immediately understand whether this topic is interesting to him or not. Personally, this topic of bitcoin and the crypto-currency market is extremely interesting for me. Hence the conclusion - after you put some effort - it becomes clear to you that nothing is complicated.
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April 21, 2018, 07:46:36 PM
 #402

Well, it's not complicated but some knowledge it's needed to be able to use it and to understand it. For younger generations I don't think this is problem, they are used to new technologies that appear all the time but some older might have some problem. So the key is in education and promotion, with some key basic information everyone can learn how to use or even earn Bitcoin and other cryptocurrencies.

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April 21, 2018, 08:02:04 PM
 #403

If we are confident and willing to pursue success and happiness in our lives with Bitcoin, we will certainly continue to learn to overcome this complicated word, for all the people of this World, not just for the common man.
In my opinion, there is no complicated word if we want to learn and keep learning.
Ordinary people will be great people if they are always brave to keep learning and working with patience, good, and also true for them to feel a sense of the word success in their personal life.
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April 21, 2018, 10:15:47 PM
 #404

For now bitcoin is too complicated for most people. I think it's also hard for me to convince people to use bitcoin because to find online jobs that are moist from them over from existing scams. Cool
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April 22, 2018, 11:53:03 AM
 #405

All new is difficult for people, and even more so if it is connected with new technologies, but it is necessary to begin to study the world of Crypto and everything becomes much clearer and more interesting and is not so frightening.
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April 22, 2018, 11:55:50 AM
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yeah i agree with that, and ofcourse this kind thing are very confused for people to getting know abou it, because they can see it or feel it of course, people will untrust every thing if they didn't see it and that thing that was a very confused thing in that matter of course when want to introduce to people

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April 22, 2018, 12:02:52 PM
 #407

When you are in conversation with the average person and you say “what do you know about cryptocurrency?” They always reply with “bitcoin?”. They don’t fully understand the technology other than the price goes up and down. For crypto to become mainstream we need more education & media exposure.
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April 22, 2018, 12:21:09 PM
 #408

If we are confident and willing to pursue success and happiness in our lives with Bitcoin, we will certainly continue to learn to overcome this complicated word, for all the people of this World, not just for the common man.
In my opinion, there is no complicated word if we want to learn and keep learning.
Ordinary people will be great people if they are always brave to keep learning and working with patience, good, and also true for them to feel a sense of the word success in their personal life.
That's true because success has to deal with complicated things. in the world nothing is easy, but we must try first to succeed.
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April 22, 2018, 12:27:31 PM
 #409

it may be a difficult constraint that bitcoin transactions are still in process of repair. there is a possibility the future could be easier to buy and sell bitcoin
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April 22, 2018, 12:35:37 PM
 #410

Yeah I think that bitcoin and other crypto is too complicated for average people, and Ive really experienced this. When I started participating in bitcointalk and learn more about crypto on how you can earn a fortune, I also informed my friends about it, but they're not really interested. The idea is too blurry for them.
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April 22, 2018, 12:38:14 PM
 #411

Investing in bitcoins is not as simple as you think. It is not easy for us to make a huge fortune. The bitcoin domain is very complex. Be knowledgeable, have capital, have a strategic vision. Know how to participate in bonuses and merit campaigns. Know how to store your bitcoins safely. Many other important issues.
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April 22, 2018, 12:41:21 PM
 #412

It is complicated but all person can learn how to earn money with bitcoin. Me i learn bitcoin easily by reading some articles about bitcoin. Then when i have already idea in bitcoin i start joining in some bounty campaigns like signature and social media campaign. Then when im working already my knowledge was boosted.
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April 22, 2018, 12:43:35 PM
 #413

It is complicated at first, but then eventually you'll learn it. Just study and work hard to understand the concept. We are now in the Digital era, and almost half of the population of Earth are using the internet. In the coming years, all of us will now have internet.

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April 22, 2018, 12:45:55 PM
 #414

For me that's why they think bitcoin was complicated because it is online and they maybe they think also is there a chance or possibility they can be scam. And the other one factor i think it because the process you should do before you can buy bitcoin.
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April 22, 2018, 12:46:48 PM
 #415

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

Average people make it too complicated!
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April 22, 2018, 12:53:11 PM
 #416

bitcoins isn't a complicated its being sold to the average person that it is. among the reasons is the fact that most people don't want to see people improve there financial standing. like everything else in life you would need time to learn about the product and lets face it there will  be teething pains however if you stuck to it then you will reap success, what is required is patience , the will to learn and to think for yourself and you will be fine.

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April 22, 2018, 01:11:37 PM
 #417

In this technology , there is nothing complicated, and for those who do not understand the system of using bitcoin, spend a lot of forums around the world , and all the information about bitcoin is in the public domain
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April 22, 2018, 01:22:43 PM
 #418

If we are confident and willing to pursue success and happiness in our lives with Bitcoin, we will certainly continue to learn to overcome this complicated word, for all the people of this World, not just for the common man.
In my opinion, there is no complicated word if we want to learn and keep learning.
Ordinary people will be great people if they are always brave to keep learning and working with patience, good, and also true for them to feel a sense of the word success in their personal life.
true, people who have the will to learn they will understand what is bitcoin and most important is we must learn diligently to quickly understand.
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April 22, 2018, 01:42:21 PM
 #419

Bitcoin is not complicated for average people; actually it is easy especially when you study or research a facts about it. Thus, if you will strive for success, you really need to work hard.

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April 22, 2018, 01:44:22 PM
 #420

To be honest this is very sad truth. All regular people I told about bitcoin first thought its just another get rich scheme or ponzi. Its hard for them to understand how wallets work, how blockchain works with transactions and confirmations.

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April 22, 2018, 01:49:53 PM
 #421

If you do not go into details, the use of bitcoin is equivalent to ordinary money. Moreover, the process is not in place, will soon accept cryptocurrency will be like the visa card.
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April 22, 2018, 01:50:00 PM
 #422

Bitcoin is not complicated for average people; actually it is easy especially when you study or research a facts about it. Thus, if you will strive for success, you really need to work hard.
People who think bitcoin is too complicated, I think they are lazy people. Learning something takes process, in the middle of the process may have difficulty. But that's a natural thing. Nowadays all things to learn have been facilitated, you can find information almost everything by internet. So, we shouldn't be too indulgent.




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April 22, 2018, 01:59:44 PM
 #423

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

I do not think bitcoin is too complicated for ordinary people, too much anxiety that makes bitcoin complicated. Bitcoin is so simple that it provides convenience and becomes a great way to make a profit.

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April 22, 2018, 02:03:18 PM
 #424

The thing here is that there is no official Bitcoin site much more selling Bitcoin at lower fees. You see, this has been one of the many problems that is boggling Bitcoin since time immemorial and we are still waiting for the adequate solutions that can take this problem head on.
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April 22, 2018, 02:20:44 PM
 #425

I don't think bitcoin is complicated. They don't see how and why bitcoin functions and what is its imperative. If you need to have it, you will do all your best to know about it. They can watch on the YouTube regarding bitcoin. We have the google you simply just do the research. We have the forum of any inquiry on your mind. It is complicated if the individual is lazy, they just want to earn fiat by doing nothing.
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April 22, 2018, 02:22:20 PM
 #426

No it is not that much complicated. In fact, I  think it is much easier thank stocks and mutual funds because there are less choices here.
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April 22, 2018, 02:26:30 PM
 #427

Yes this is true, proven and tested because me myself experience this with other people who wants to know bitcoin deeper but they didn't accomplished it because of lack of knowledge and lock of focus and determinations on what they like to know.



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April 22, 2018, 02:28:42 PM
 #428

I don't think bitcoin is any complicated for anyone unless you want to understand the technical depth of the technology which isn't necessary.

As far as I know, the basic requirements to use bitcoins is knowing how to use the internet, a little bit of general knowledge about how to protect yourself from cyber attackers and staying updated with crypto news to know whats developing around the world of crypto.


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April 22, 2018, 03:04:23 PM
 #429

actually not too complicated, I myself know the first bitcoin and crypto world, very confused, because I do not understand anything, and I also have a thought for what people invest in the form of crypto, is not there value at all, but over time , I began to understand the great potential that exists in the world of crypto

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April 22, 2018, 03:44:18 PM
 #430

It is not too complicated we made it complicated ourselves we are becoming lazy and not searching some information before entering it the people now is doing bitcoin because of the thread and the hype on it, for me an average bitcoin user its hard for me to understand trading and mining in bitcoin but now i'm reading some articles here in this forum its surely help. we just need the beginners to join this forum so they can learn more.
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April 22, 2018, 03:51:39 PM
 #431

For me personally, it is not as complicated as others thunk it is. You don't need to be that tech savvy to understand and use Bitcoin. At first of course you need to know the basics, how to use it, where to go, what to use, etc. We all have our first day on the job or first time doing something we haven't done before, it is always scary and hard at first but once you get to know it they next time you use it would be a walk in the park. I just don't complicate things for Bitcoin, I just treat it like my fiat money the only difference is it is online. Smiley

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April 22, 2018, 08:15:27 PM
 #432

With all the information available in the net and even videos on YouTube and the media channels, there are piles of information with
bitcoins. Bitcoins is a household name now, people know about it. I think a lot of average people have already came across bitcoins
in numerous ways and occasion, it's so popular that it's name is synonymous with Cryptocurrency. It's price however is something
that's so hard to overlook, these days, when people encounter Bitcoins, the word investment would instantly jump into mind.
Understanding bitcoins just takes time, researching, reading, asking around shortens the learning curve. If people average or not
are really interested, they will always find a way to get where they want with Bitcoins. Just like what all of us here did.
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April 22, 2018, 08:17:14 PM
 #433

Bitcoin is not too complicated for average people. I bet people were saying the same for internet in the past.
Buying Bitcoin and using it with an App and QR code is really simple. You just have to be more careful to keep it secure.

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April 22, 2018, 08:36:26 PM
 #434

I would have to agree although its gotten easier since the start of bitcoin with more people using it more documentation has come out but its still not very easy to access and until then we aren't going to see it in the mainstream.

In my opinion, It may be complicated for ordinary people .. But if we want to learn on something we will do and have the intention to learn it, there will be no word of surrender for all that. Whether ordinary people or people who have a higher knowledge, as long as it can benefit him will definitely be in his best try. The point is that the person should like first what he will do.
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April 22, 2018, 09:29:09 PM
 #435

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
Do not forget that the market is very young, and people are always skeptical about the new. Remember only electric cars, phones, the Internet and other similar things. Everything was very difficult and expensive and inaccessible to ordinary people. Now there is the same situation that we are seeing. But the market does not stand still and it grows and develops, which is also confirmed by simple observations. I am sure that in a few years the literacy of people in the crypto industry will grow and all actions with cryptocurrency will become commonplace. This is just a matter of time, but for now we have to put up with this state of Affairs and observe, and can help in the development of such an interesting niche.

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April 22, 2018, 09:36:52 PM
 #436

At first yes, but if people will try to learn and dig more about bitcoin they can trade as good also as professionals can do, since only knowledge, plan.and money is needed on investment the when people is fully experienced then there's no problem at all.
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April 22, 2018, 09:52:24 PM
 #437

Bitcoin is not complicated for average people; actually it is easy especially when you study or research a facts about it. Thus, if you will strive for success, you really need to work hard.


In bitcoin the real experience that ever experienced is more important than just theory. because the reality that is in crypto sometimes more often different from that many people he said. learning from one's own experience and the experience of others is helpful.
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April 23, 2018, 03:15:03 AM
 #438

i dont think so. What is complicated about bitcoin ? it is just a decentralized blockchain that we used for investing.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.

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April 23, 2018, 03:17:08 AM
 #439

This isn't entirely 100% true of a statement in my opinion.
While many will argue that BTC's decimal system may be too complicated, I know a few people personally who I would not expect to be able to grasp the concept, but they have.
I also know some fairly advanced people who don't get BTC, so it works both ways!

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April 23, 2018, 03:51:18 AM
 #440

Bitcoin today already has a huge role in the real world as it helps improve the financial situation of many people and in many places you can pay for purchases with it. He has just started to develop and he needs even more time for everyone to feel his importance.
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April 23, 2018, 03:59:09 AM
 #441

I should agree with this that average people will found bitcoin too complicated. Bitcoin is a huge world this is not just all about a typical buying and selling which only requires a capital or money to start in. Bitcoin also requires a critical thinking, good analytical skill and technical skills in internet. Bitcoin was made in this modern world that make this also in trend with the technology that somehow contributes to make bitcoin complicated for average people. We and they should admit that average people are not that much unto the technology of this modern world because this requires a study in the internet or web that some average people are not willing to do.
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April 23, 2018, 04:29:56 AM
 #442

i dont think so. What is complicated about bitcoin ? it is just a decentralized blockchain that we used for investing.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.

Not a good advice, you should have information about the thing you are investing your money on.

Here is how bitcoins work :

Bitcoin is the first digital currency (also called Cryptocurrency) and it came into existence in 2009. It works on block chain mechanism and all the transactions are verified and recorded after certain mathematical calculations. This is known as Bitcoin mining. The total number of Bitcoins that can be mined is 21 million and as time passes, mining will become more difficult. It is estimated that the last Bitcoin will be mined by 2050 and thus is lot of scope for investment.
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April 23, 2018, 04:58:29 AM
 #443

I originally thought Bitcoin was very complicated and I was not able to master all the science that is in Bitcoin. But I am always optimistic and confident in myself that I can get through all my tough times when I first got to know Bitcoin. And as time went by, Bitcoin was not as complicated as I imagined it to be. If we keep reading it would be bored but if while practicing it immediately I think it will go deeper into the brain and easier to understand. And now I really like Bitcoin.

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April 23, 2018, 05:34:18 AM
 #444

Bitcoin is complicated for those people who don't have much knowledge about internet and digital currencies even well qualified people also don't have much awareness about it. Nowadays it is getting popularity because every media is talking about it and people now start talking about it and try to enter in this market also as an investor.

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April 23, 2018, 05:43:34 AM
 #445

On real side bitcoins is not that hard for average people,in fact most of bitcoin users are average persons who doesnt have a high degree in education Smiley . All you need in bitcoins is being able to read and understand and being openminded on opinion from the big names thats into bitcoin.You dont really need to be higher than average people to be in bitcoin.

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April 23, 2018, 06:21:26 AM
 #446

Bitcoin is not complicated at all, you just need to understand the essence of the bitcoin itself and everything will become clear right away, at the moment there is a huge amount of knickknacks and training video lessons, so even if a person has never used bitcoin, he can easily study everything
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April 23, 2018, 06:26:23 AM
 #447

after reading this thread, I think I agree with what you say at the end of your statement. should all be made easier, but also must still pay attention to security. I as a beginner this dalahal still consider these processes too complicated.
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April 23, 2018, 06:35:32 AM
 #448

Bitcoin Too Complicated for Ordinary People!
as a beginner can be said to be a complicated bitcoin, but for a long time bitcoin was easy.
the most important as long as we want to learn and try the bitcoin itself will not be complicated.

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April 23, 2018, 06:40:34 AM
 #449

Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..

When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.

The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!

Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.

It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?

Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.

That’s why for me my advice to the people who are interested in i vesting and would like to have a hand in how they would want to profit from bitcoin is to know first and foremost the market they are putting themselves into. They have to know front and back or at least have an awareness to it so that they can make informed decisions not choices that are influenced by others or by the emotions outpouring from the to be able to do things out of panic
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April 23, 2018, 06:41:01 AM
 #450

yes you are right for people who do not master the computer and not familiar with computer devices and do not understand digital currency transactions of course many new people who are difficult to buy bitcoin, there must be education that provides the correct way and tutorial step to buy and transaction bitcoin.
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