Bitcoin Forum
May 02, 2024, 04:24:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 »
  Print  
Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
TheGodFather
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


View Profile
April 25, 2018, 06:03:39 AM
 #181

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

At the start yes, it would be hard and difficult however I still think that bitcoin and the whole of the cryptocurrency market can be studied and put into perspective once you are in and really interested in it. All the data can be accessed and backtracked and forums much the same as this one can speak that with bitcoin there is a place for us to ask and freely discourse all information we learned and experienced and effectively passing our knowledge to others
1714667048
Hero Member
*
Offline Offline

Posts: 1714667048

View Profile Personal Message (Offline)

Ignore
1714667048
Reply with quote  #2

1714667048
Report to moderator
1714667048
Hero Member
*
Offline Offline

Posts: 1714667048

View Profile Personal Message (Offline)

Ignore
1714667048
Reply with quote  #2

1714667048
Report to moderator
1714667048
Hero Member
*
Offline Offline

Posts: 1714667048

View Profile Personal Message (Offline)

Ignore
1714667048
Reply with quote  #2

1714667048
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714667048
Hero Member
*
Offline Offline

Posts: 1714667048

View Profile Personal Message (Offline)

Ignore
1714667048
Reply with quote  #2

1714667048
Report to moderator
1714667048
Hero Member
*
Offline Offline

Posts: 1714667048

View Profile Personal Message (Offline)

Ignore
1714667048
Reply with quote  #2

1714667048
Report to moderator
nurbay
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
April 25, 2018, 06:48:39 AM
 #182

I think Bitcoin has focused on being an investment vehicle because I see many cases of Bitcoin being used as an investment vehicle rather than a digital currency for transactions.
Probably because the value of Bitcoin is very high if it is used long-term investment.
Koluchka
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
April 25, 2018, 07:18:29 AM
 #183

The short answer will be YES, but let me try to explain my view on what part is too complicated compared to FIAT currencies.
oginiimaoyani
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250



View Profile WWW
April 25, 2018, 09:52:05 AM
 #184

Not too complicated when the folk first seek for knowledge about bitcoin and blockchain technology before getting involve and by so doing it clears the fears.


                           ▄▄█▌
                       ▄▄██▀▀█▌
                    ▄██▀▀    █▌
 ▄              ▄▄██▀    ▄▀  █▌
▐███▄▄         ▐█▀     ▄█    █▌
▐█▌ ▀▀██▄      █▌      █ ▄▀  █▌
▐█▌    ▀▀██▄▄  █▌    ▄█▀▀    █▌
▐█▌   ▄    ▀██▄█▌  ▄█▀     ▄██
▐█▌   ▀█     ▀██▌ ▄█    ▄▄██▀
▐█▌  ▄  ▀▄    ▐█▌▄█ ▄▄██▀▀
 ██   ▀▀▄█▄   ▐███▄█▀▀
  ██▄     ▀█  ▐█▀▀
   ▀▀██▄▄   █ ▐█▌
       ▀▀██▄▄███
           ▀▀▀█▌
EOSex
EOS Exchange


   The Exchange for the EOS Community!   

███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
ICO: 15th October to 20th November


                           ▄▄█▌
                       ▄▄██▀▀█▌
                    ▄██▀▀    █▌
 ▄              ▄▄██▀    ▄▀  █▌
▐███▄▄         ▐█▀     ▄█    █▌
▐█▌ ▀▀██▄      █▌      █ ▄▀  █▌
▐█▌    ▀▀██▄▄  █▌    ▄█▀▀    █▌
▐█▌   ▄    ▀██▄█▌  ▄█▀     ▄██
▐█▌   ▀█     ▀██▌ ▄█    ▄▄██▀
▐█▌  ▄  ▀▄    ▐█▌▄█ ▄▄██▀▀
 ██   ▀▀▄█▄   ▐███▄█▀▀
  ██▄     ▀█  ▐█▀▀
   ▀▀██▄▄   █ ▐█▌
       ▀▀██▄▄███
           ▀▀▀█▌
WHITEPAPER
BTC                          ▄▄▄
                    ▄▄▄██████
              ▄▄▄█████▀▀████▌
        ▄▄▄████████▀ ▄██████
  ▄▄▄██████████▀▀  ▄███████▌
▀███████████▀   ▄██████████
   ▀▀▀███▀    ▄███████████▌
        █▌  ██████████████
        ▐█ ██████████████▌
         █████▀ ▀████████
          ██▀      ▀████▌
                      ▀▀
             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
castellodocet
Newbie
*
Offline Offline

Activity: 182
Merit: 0


View Profile WWW
April 25, 2018, 08:55:12 PM
 #185

People must be teached by some true expert on Blockchain and Bitcoin, and maybe a course of economics won't hurt anyone that starts completely from zero knowledge. Newspapers, media and other people are doing their interests when they say that Bitcoin and cryptos are just a bubble and a fraudolent system, they know what cryptos are capable of and they need to crush them among common people, by instilling fake info and ideas in their heads
Troysen
Member
**
Offline Offline

Activity: 476
Merit: 10


View Profile
April 25, 2018, 09:05:38 PM
 #186

I don't think BTC is too complected and no one is too ordinary to understand what BTC is all about, its just people's mentality thinking there is too much to understand about BTC yet its just the basic understanding of the market forces of demand and supply, when o hold, when to sell  and when to buy.
jjjrmy
Member
**
Offline Offline

Activity: 221
Merit: 10


View Profile
April 25, 2018, 09:10:57 PM
 #187

Create the developers of Japan satoshi nakamoto which in 2008 for the first time Telled the world about the crypto currency on the basis of the blockade, no personality A pinched network was not found.
12tribes
Member
**
Offline Offline

Activity: 378
Merit: 11


View Profile
April 25, 2018, 09:11:06 PM
 #188

education and exposure are two instruments that will help any one to successfully navigate the crypto world. If ordinary folks are educated and can understand basic instructions and how to surf the internet then it should not be complicated. However, if the folks don't understand these basic things then they have to be enlightened and this can be quite a challenge.

bjmpoker001
Member
**
Offline Offline

Activity: 406
Merit: 10


View Profile
April 26, 2018, 01:14:00 AM
 #189

bitcoin is not that complicated. just think it is as a ledger or statement book of your bank, but it has no physical. it stored on blockchain.
for me, bitcoin is a big book ledger. it stored about the detail of our transactions.

  ●   John McAfee Supports   ●
 ❰❰❰❰❰❰  Advertising Platform  ❱❱❱❱❱❱   
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●●    ●  YOUC  ●    ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
dangwapo311
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
April 26, 2018, 01:18:37 AM
 #190

For me bitcoin is no rocket science although it will take time to truly understand bitcoin and how it works. Bitcoin is not complicated and is easy to understand even for the ordinary folks. The problem is with all the fake news that are anti bitcoin, people easily go against or lose interest with bitcoin.
cunese
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
April 26, 2018, 01:58:10 AM
 #191

You can only buy your BTC on the exchange. In fact, BTC is similar to stock, so BTC is not very complicated.

alexsandria
Sr. Member
****
Offline Offline

Activity: 896
Merit: 268


★777Coin.com★ Fun BTC Casino!


View Profile
April 26, 2018, 02:39:10 AM
 #192

bitcoin is not that complicated. just think it is as a ledger or statement book of your bank, but it has no physical. it stored on blockchain.
for me, bitcoin is a big book ledger. it stored about the detail of our transactions.
Bitcoin is complicated for ordinary folks  at first especially if they  don’t have any knowledge about it but everything could be learn in as they research and study about what is bitcoin and how they can have profit from it.

CryptoLoverz
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
April 26, 2018, 02:54:17 AM
 #193

All depends on each person. All will not be complicated if we want to keep trying to learn. And do not be bored to ask or find an answer to someone who has long understood about bitcoin. Do not be bored too to often read and see this forum. In this forum you can learn at once can work to earn money. Due to a lot of work on this forum. Keep learning and working hard, because all can be learned even if we are just ordinary people.
Evangeline2
Member
**
Offline Offline

Activity: 196
Merit: 10


View Profile
April 26, 2018, 03:06:59 AM
 #194

If you are willing to spend 10 more minutes learning about BTC, you will be able to understand BTC and know how to invest in BTC. This is also the convenience of BTC.

pushups44
Sr. Member
****
Offline Offline

Activity: 854
Merit: 281


View Profile
April 26, 2018, 03:10:11 AM
 #195

Right now it's too complicated, but user-friendly interfaces will increasingly be more common, along with insurance in case of theft or loss. We are still very early in the blockchain revolution.
Evangeline2
Member
**
Offline Offline

Activity: 196
Merit: 10


View Profile
April 26, 2018, 03:16:14 AM
 #196

If you are willing to spend 10 more minutes learning about BTC, you will be able to understand BTC and know how to invest in BTC. This is also the convenience of BTC.

jops
Newbie
*
Offline Offline

Activity: 132
Merit: 0


View Profile
April 26, 2018, 03:19:39 AM
 #197

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/
Yes bitcoin too complicated for ordinary people and too those people who don't have a knowledge on it. But if someone have a interest about it and willing to learn on it, no matter how complicated or hard is it, he will make a way to learn on it. Knowledge is the most important thing to success.








ram64GB
Newbie
*
Offline Offline

Activity: 72
Merit: 0


View Profile WWW
April 26, 2018, 03:24:10 AM
Last edit: April 26, 2018, 01:12:47 PM by ram64GB
 #198

Bitcoin like anything involving technology is not as technical as it seems.For the average person as long as it can be used it doesn't matter how it works just that it does.
There are no complicated things if we are eager to learn and study further about it.
NoG-NoG
Full Member
***
Offline Offline

Activity: 616
Merit: 100



View Profile
April 26, 2018, 03:24:54 AM
 #199

In my case I'm still learning more about bitcoin. For those who are just new on this YES it is complicated but it just like you are studying in a school process by process you will understand all the essential parts of it. Bitcoin is a complicated thing but if you have time to learn about it then you will know all the things that you should know on it. Just like investing, you need to invest a lot of time and patience in learning the bitcoin works.
assyla
Full Member
***
Offline Offline

Activity: 319
Merit: 100


View Profile
April 26, 2018, 03:28:11 AM
 #200

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/
Yes, that is true. Bitcoin is a very complicated thing for an ordinary folks. Just like the Internet and the Computer, this two thing are very complicated to know and to use because it is part of the technology that are still developing and under this two is the bitcoin which is another complicated thing to know. Bitcoin is not an ordinary money that a person used in his/ her daily life.

► HackenAI ◄ ♦ HackenAI - Personal Cybersecurity Application ♦ ► HackenAI ◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Facebook|Twitter|Medium|Reddit|Telegram|Whitepaper
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!