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Author Topic: What is The actual senses about bitcoin for common people ?  (Read 2804 times)
Bonsaiav
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October 23, 2018, 10:35:38 AM
 #221

Ordinary people most believe in banking rather than decentralization because banking has been fully supported by the government.

Therefore, there's a negative perception among ordinary people, that bitcoin is not infrequently used for anonymous transactions, making it easy to use for illegal transactions such as buying/selling illegal drugs. Well, this case which is used by third parties who are anti-empathy towards the positive benefits of bitcoin, to spread negative rumors. This negative opinion was also strengthened by several cases that were published excessively by the news media which were pro-government.

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GunsLair
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October 23, 2018, 12:26:01 PM
 #222

Most people believe that bitcoin is a risk and a temporary phenomenon that world authorities will sooner or later be able to ban. But it's not. They don't understand that history happens on their eyes. Bitcoin, blockchain technology and cryptocurrencies have entered modern life and are no longer where they will disappear, and this is proved by the economically leading countries that use them.
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October 24, 2018, 12:41:54 PM
 #223

Bitcoin being the mainstream of cryptoworld can draw so much attention to people who are curious enough about what bitcoin and the blockchain is. Out of curiosity as i say it can make the adaptability of bitcoin growing fast as what i have observed since it was launched 10 years ago.
Common people are entering into the world of cryptocurrency because when they know about crypto, its importance and benefits they take interest in it and out their money in order to earn some profit in the future. But if they do not make any profit from their holding, no problem, they can use their coins throughout the world as their legal currency for their needs.
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October 24, 2018, 03:53:11 PM
 #224

  • Used by criminal and terrorists
  • It is the thing money from hackers
  • Banned in many countries
  • Ponzi scheme
  • Scam money

And still much more thing considered by the people and even some religious people considered this as forbidden in their country.So stupid! Roll Eyes

South Park
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October 24, 2018, 06:23:23 PM
 #225

In Russia, where many people were deceived by the pyramids, Ponzi cryptocurrencies have a bad reputation. My father, for example, although he is interested in economics and understands it more than me, does not recognize cryptocurrencies and considers them to be unsecured. But perhaps this is the fault of conservatism age.
A huge amount of fraudulent ICO also makes cryptocurrencies synonymous with deception schemes.
The community needs to work a lot on its reputation and create an algorithm to quickly expose fraudsters.
And also create a convenient and simple exchange mechanism for Fiat. It is desirable automatic conversion in one click.
Bulky exchanges are only for enthusiasts and professionals.
It is going to be impossible to create an algorithm that can detect scams, many users in the forum have taken the decision to try to expose scams and they are doing a great job, but you do not need to rely on them, they have reveled their techniques to find those scam projects so if you follow those techniques and do your due diligence on each project in which you are interest to invest the chances that you will lose your money to scammers will go down.

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yvesp110
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October 24, 2018, 06:58:53 PM
 #226

for ordinary people who don't know bitcoin and don't know how to work or how to benefit from bitcoin trading they will consider it as a gambling place because they don't have good education about bitcoin and blockchain technology ..
I often meet people as you mean, they always feel they already know what bitcoin is and the use of blokcchain when I know they don't fully understand that because there are still few who know about cryptocurrency and there are still few people who get bitcoin education or blockchain technology.
It is the problem people are lack of knowledge so we should try to educate them, I also try to share my experience with my friends, they told me different ideas and thinking so I tell them best way of making investments, it is nature of a common man he always want to know new things, so as according to the time bitcoin is the best technology which has good ability to change the lifestyle of common man.
mace15
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October 24, 2018, 11:38:33 PM
 #227

Most people believe that bitcoin is a risk and a temporary phenomenon that world authorities will sooner or later be able to ban. But it's not. They don't understand that history happens on their eyes. Bitcoin, blockchain technology and cryptocurrencies have entered modern life and are no longer where they will disappear, and this is proved by the economically leading countries that use them.
Usually other people do not believe that bitcoin has a lot to offer which could help users. Exactly they did not really understand what truly bitcoin has, people treated bitcoin as if it is scam or just ponzi scheme. Once they thorough understand what bitcoin could have and it’s benefits they will love to use btc.
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October 25, 2018, 12:55:03 AM
 #228

Most of the common people have not heard about Bitcoin especially those in the underdeveloped and somewhere developing countries. The few that have heard also has a portion of them living with misconceptions about Bitcoin. The governments presents false news and impressions about Bitcoin to them.
It is the duty of crypto users and enthusiasts to create more awareness in order to combat these fake circulating news about Bitcoin.

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October 25, 2018, 05:26:57 AM
 #229

It may sound new for some and thought that it's a scam but they don't know what's the real deal and its nature. They don't realize that it's certainly beneficial and profitable. We can't somehow blame others as they have  different point of views regarding the said subject matter, but I don't think it's too late to have them recognize this innovation and join the community. What is important is information dissemination to spread awareness about this breakthrough.
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October 25, 2018, 09:59:58 PM
 #230

Most of the common people have not heard about Bitcoin especially those in the underdeveloped and somewhere developing countries. The few that have heard also has a portion of them living with misconceptions about Bitcoin. The governments presents false news and impressions about Bitcoin to them.
It is the duty of crypto users and enthusiasts to create more awareness in order to combat these fake circulating news about Bitcoin.
It is the responsibility of those people to try to find the truth about bitcoin, I think we have all heard the false information spread by the media and the governments and yet here we are despite all of that because we understood why they were spreading that false information, and so if people want to obtain the benefits that bitcoin offers they need to do the same as us.

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yitzjoe
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October 25, 2018, 10:16:39 PM
 #231

ordinary people will fill in real activities and they only trade and daily activities without addressing, if bitcoin can reach the merchants or stores they use then this is better because the value of fiat which continues to experience inflation continues to disrupt them every year
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October 25, 2018, 11:42:40 PM
 #232

As time goes on, so many people will be interested in cryptocurrency. People didn't even want to use online banking when newly introduced. All they wanted was physical cash but things changed along the line. Same will happen with cryptocurrency. You will have to know it in order to enjoy the benefits.
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October 25, 2018, 11:57:39 PM
 #233

There are various ways in getting invved in cryptocurrency and also earning as well. I believe what is worthy of earning you a living is worthy of giving time to in terms of learning and understanding it. This is quite a  level of reasonable meaning to the lay man.
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October 25, 2018, 11:59:17 PM
 #234

There are various ways in getting invved in cryptocurrency and also earning as well. I believe what is worthy of earning you a living is worthy of giving time to in terms of learning and understanding it. This is quite a  level of reasonable meaning to the lay man.
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October 27, 2018, 05:52:47 AM
 #235

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.
When I tell my colleagues at work about Cryptocurrency (Bitcoin) they always say that cryptocurrency is scam and will soon end, they are fond of referring to MMM and saying that Bitcoin is that same as that and soon people would realize that and all of them would quit.

I find it funny though, but all I say to myself is that everything we do is all about risk and we have to take the risk to survive and achieve something better in life. Nothing good comes easy, so this is the opportunity and I’m not giving up cause of what people have to say.
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October 27, 2018, 05:59:22 AM
 #236

bitcoin is a digital currency used for online transactions. ordinary people who have never used or invested in bitcoin must consider it a scam because the exchange rate is constantly changing.
Funny lol, they don’t even waste time in calling it a scam. My friends has been calling it a scam but they are surprised how I have gotten better than them within a few years of starting cryptocurrency. They kept calling it scam until they started noticing changes in my lifestyle lol, till I quit my job and stopped working with them and started up my own business. This time around they are begging me to teach them and I’m just like ‘what the hell am I going to teach you guys? Lmao
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October 31, 2018, 03:24:38 AM
 #237

I have been working with the cryptocurrency market for a year. At the beginning of my work, most people were skeptical about my work and only laughed, but seeing the improvement of my financial situation, they begin to think about their erroneous judgments and begin to be actively interested in cryptocurrencies.
This is very common, most people are conditioned to follow and do whatever the other people that they know are doing, as soon as a person shows any kind of original thought and tries to do something else that person is subject of ridicule, but as soon as those people begin to see positive results they begin to question their own beliefs, and cryptocurrencies are going to do that a lot in the next years and decades.
People are learning from others and those who got success with bitcoin they're gaining much knowledge from them. Most of people never tell how bitcoins works.
I find that to be unlikely, most of the people here in the forum learned about bitcoin by themselves, it is very rare that a person has a mentor to ask questions and learn from him in part because of the anonymous nature of bitcoin and also because there are not many people that want to share their secrets about how to make money in the market to strangers.
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October 31, 2018, 03:37:24 AM
 #238

some people consider bitcoin as a digital currency that can be used to make whatever payments you want and some people think bitcoin is a place for gambling and a bad place, so everyone has a different opinion that there are those who think badly and some consider well.
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October 31, 2018, 04:17:30 AM
 #239

Conman people never understand the power of bitcoin and cryptocurrency. They just recognize it as a scam investment plat form. I think they're not aware the true power of bitcoin. We should convince with them

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October 31, 2018, 07:40:55 AM
 #240

many lay people don't know computers so they don't care about bitcoin. in my opinion if they know bitcoin it will change their economic life.

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