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Author Topic: Is Bitcoin too complicated for ordinary folks?  (Read 2300 times)
charlenedave
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May 02, 2018, 06:59:55 AM
 #261

I think It is not complicated for people who has programming background. But for people who has not idea about programming and money transferring system it is hard. Especially mining is too complicated for ordinary folks.

Same with my thoughts, Bitcoin will never be complicated if you will try your best to learn everything about it before working on it; ypu can do research or you can ask your friends.

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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shoujiuhaituo7
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May 02, 2018, 07:01:30 AM
 #262

Bitcoin is not complicated for ordinary people, but many people don't want to know or learn about bitcoin. Many people don't even know what bitcoin is. So there will be rich and poor in this world.
Wish 107.5
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May 02, 2018, 07:06:59 AM
 #263

Bitcoin will become complicated if the people does not even know about it and no idea on how to use and earn bitcoin. But if a person has an intrest about it they will easily understand bitcoin for sure.
Yes, I think of that too; I think Bitcoin would just be complicated if you don't have access in the internet. Internet is one of best instruments to learn more about bitcoin. So if you have this, it will not be complicated.
rusl_max
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May 02, 2018, 07:07:18 AM
 #264

I don`t think it is too complicated, but it does take some time for understanding how it all works.
shawa
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May 02, 2018, 07:15:07 AM
 #265

 YES BITCOIN IS TOO COMPLICATED TO ORDINARY FOLKS BECAUSE THE TECHNOLOGY BEHIND BITCOIN AND THE PROCEDURES INVOLVE WHEN HANDLING BITCOIN TRANSACTIONS OR ACTIVITIES LOOKS STRESSFUL TO THEM
Leezkie22
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May 02, 2018, 07:39:47 AM
 #266

It is complicated when the person are tired of reading about bitcoin and learning to it.
A successfull business man should have a time to read and focus about the business. Thats the same of the person who enter the bitcoin. Read is the answer and learn. Investment,trading,forum and etc are just a simple and no hard time to that if were just focus to it.
cosmicart
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May 02, 2018, 07:45:28 AM
 #267

a lot have people have this misconception about bitcoin. most think that it is just a stream of investment, where you can just put your money and watch it grow. but it's far from that. they forget that it's a currency.
Maikl
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May 02, 2018, 07:46:04 AM
 #268

Just most people are skeptical about the new. Especially elderly people. But it is inevitable. To computers and the Internet, on the early, treated also, in them no one believed! So it's a matter of time.
ClackKendi
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May 02, 2018, 09:05:25 AM
 #269

I do not think that if you know information technology about the internet, it will be much easier for you to find information, if you do not know it will be harder at first but after you You will find it not very complicated
YzzyGo
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May 02, 2018, 09:14:19 AM
 #270

Yeah, people nowadays think of bitcoin as a money making machine and quick at that. That is how essentially most new to it will think about it. Some are afraid because of the technicality of it, some are just plain against it because of its digital nature and no hard backing.
pharaon
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May 02, 2018, 09:28:01 AM
 #271

I believe that everything depends on the person's desire to  learn this. Since the information on the Internet and in this forum is enough to learn and understand what bitcoin is and all that is associated with it.
clairdelune
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May 02, 2018, 10:35:25 AM
 #272

BTC is too complicated for ordinary folks if he/she did not study first the BTC. Because for me if you are a first timer for BTC it will be complicated for ordinary folks like you. You should study it first before you invest in BTC because in entering the world of BTC it is not that easy it is too risky and you should know how to hodl it because if you just want to have a BTC because you are hearing that many are earning big because of BTC then you are doing a wrong move because if you dOK not know how to hodl BTC you will not earn big. You might loose some of the money you used to invest on BTC.
DoublerHunter
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May 02, 2018, 10:36:49 AM
 #273

I don't think that bitcoin is too complicated for an ordinary person because bitcoin is just simple and it seem complicated because it is online but once we start guiding them and teaching them in the very simplest way that we know then that is the start for us to see that they are not having some difficulty in understanding bitcoin because it is just their stereotypes when it comes to technology.
Wyne
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May 02, 2018, 10:58:10 AM
 #274

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/

I agree with you that it is not so complicated but it is distant from what ordinary people think it is.  It is hard to understand if people do not know the concept of money and how a certain "currency" became valuable. It became more complicated if the community does not even know or have a little understanding of technology.   It is a big issue for some people who do not even know how blockchain technology brings a great impact and contribution to the advancement of technology.   

Another thing that makes it complicated are those people who have little understanding about cryptocurrency who invest on it just because other people invested on it and get profit from their investment.  So they consider it as mere "asset" where they can get sudden get income once they invest in it.  This is very crucial without a proper understanding of bitcoin and blockchain technology, they might lose their investment and might give negative impact to other people that make them think that bitcoin is really too complicated.
online73
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May 02, 2018, 11:12:54 AM
 #275

Hello everybody. A person is born can not do anything. Therefore, if you make a little effort to study this topic, everything becomes not so difficult. I'm very interested in the topic of Bitcoin, every day I learn something new. The only thing I'm sure of is that the development of the crypto-currency market is in full swing, and even a novice can make money here.
Liaalif
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May 02, 2018, 11:19:03 AM
 #276

I think my bitcoin experience is somewhat complicated for ordinary people or new users, because it needs a detailed knowledge to understand about the actual bitcoin
Ocha1802
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May 02, 2018, 11:21:14 AM
 #277

I do not think it's too complicated because I'm just an ordinary person, if a person's desire is so great as to want to know about bitcoin it would be very easy and quick to understand about bitcoin
Danstan
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May 02, 2018, 11:24:13 AM
 #278

No, even the richest people in the world did not just have automatically have the knowledge to do with BTC or how this things work, they also engaged to it little by little until they get the concept, as anybody, they can learn things as long they are willing to.
Gudhal Untu
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May 02, 2018, 11:30:26 AM
 #279

Can be said that, ordinary folks is a difficult person to understand new and complicated things like bitcoin, and without the support of many people then they will be difficult to use bitcoin.
denverangelo9
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May 02, 2018, 11:35:39 AM
 #280

Take time to learn about bitcoin and it won't seem complicate for you even if you are an ordinary folk. It takes time to learn about new things

when we want to learn, surely can,
whenever there is will it can.
learning about bitcoin is not too late.
the important thing is earnest and keep the spirit reaching the ideals.
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