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Author Topic: Is Bitcoin too difficult to understand?  (Read 2078 times)
ChriS474
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November 07, 2018, 03:24:33 AM
 #81

Bitcoin is not  difficult to understand. but for the  new users they will get confusing, there are some useful videos and article available regarding bitcoin,
just go through the information and learn  about it will be easier.
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November 07, 2018, 04:24:27 AM
 #82

bitcoin is something very new, both in the world of economics, and in the digital world. we don't know how long the price of bitcoin is high. basically bitcoin is a digital journal that records who has how many bitcoins. banks in general also have journals like this to record customers a has how much money. what distinguishes bitcoin is that this digital journal is not stored in a particular agency or party. in bitcoin, this journal is stored in each person, or anyone who wants to have and help with the transaction process. so when a digital journal is damaged, you have a backup of all other users. there is no one who controls this journal, all of them participate.
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November 07, 2018, 04:32:55 AM
 #83

Difficult if the person itself has no determination, and dedication to learn it or what. But on the contrary, it will be quick to understand if we explore ourselves unto it, then will give some effort about the information that we want to get it to know. And make some research more about bitcoin it could be you tube tutorial in bitcoin, reading updates most often in cointelegraph, and more.
but many people are covered by negative news about bitcoin, then they reject to learn bitcoin, I think, we as seniors, must be open to them about bitcoin income, trading, investment, or other bitcoin benefits.

and we must be more active first to erase their negative assumptions.

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November 07, 2018, 04:36:57 AM
 #84

Taking into account that we now live in a technology driven world with most people being familiar I do not think its too hard to get your head around.

I think the one who are having a hard time understanding it would be those generation ahead of millennials because they aren't that much familiar with the internet and some even do not attempt how to use a computer. As for those younger generations, most likely they can relate because cryptocurrencies are just like in the games wherein one would have a coin, token or whatever to do some transactions and people are familiar with it. For those who aren't that engage in technology then they would be the one having a hard time understanding it.

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Ragnar143
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November 07, 2018, 05:42:35 AM
 #85

i think it is pretty simple to understand. when you know about crypto currency.
amonymous
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November 07, 2018, 05:44:54 AM
 #86

I think one people can not understand Bitcoin who is the new users'i have underestand Bitcoin but huge days later.firstly I have worked investment platform then I get some knowledge with my friends and more articles.so fully I have understand Bitcoin and continue my work.now I know how I can makes more profitable,what the real time to holding everything now I have underestand.
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November 07, 2018, 07:54:00 AM
 #87

So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday  " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)


I find it difficult to learn about bitcoin when I am just a beginner and trying to seek what crypto is , what bitcoin is, how to earn money, how to join campaigns, etc. I also find it difficult to understand because I do not know where to start and where should I start. It took me months to understand bitcoin / crypto. But the learning process is continuous.

Atomic.2017
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November 07, 2018, 08:37:53 AM
 #88

Oh yes it is very difficult to understand Bitcoins systems and processes. I have been with Bitcoin for over a year now and it was explained to me with power point presentations and all other visual aids but I still didn't understand it. In the end, I just let them handle it (mining etc) and just wait for it to earn.
vernl
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November 07, 2018, 10:14:20 AM
 #89

Generally, everything in this world isn't that much hard to understand included the Einstein"s theory of relativity. So if you spend time to understand it you will learn it very quickly.
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November 07, 2018, 11:36:27 AM
 #90

Actually he is not the only one, people are having a hard time understanding what Bitcoin is because they are used to paypal and fiat that they cannot understand even if it explained in a very simple way I've tried to some of my friends, but they really had a hard time understanding it because they have not used it
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November 07, 2018, 12:00:17 PM
 #91

In fact, because Bitcoin is too abstract and there is no physical existence, it is hard for many people who first hear Bitcoin to understand it. If someone is really interested in Bitcoin and tries to buy and use it, then who will soon understand Bitcoin. If someone is not interested in Bitcoin, then no matter how you explain Bitcoin, it is abstract for who.
Interest is the best teacher. You don't need to explain too much to people who are not interested. People who are interested will understand it very quickly.

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November 07, 2018, 12:04:59 PM
 #92

Not everyone needs to understand bitcoin people who come to the market and buy it to make money in the end delve into this area and learn on their own .

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November 07, 2018, 12:05:51 PM
 #93

I think, if we want to learn and try to get information about bitcoin then there is nothing difficult to understand bitcoin, so look for a lot of information to be able to understand bitcoin

Infinixhot1996
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November 07, 2018, 12:30:15 PM
 #94

I for one cannot lay claim to knowing far more than 10% of what the bitcoin is about
I simply stick to the fairly easy and understandable part of the currency...

It takes time to learn the technical aspect of the bitcoin,but I really do not need it at this moment,i simply learn how to trade and earn..

I think learning in general on the system is based on the aspect one wants to concentrate on
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November 07, 2018, 12:38:31 PM
 #95

Bitcoin is not hard to understand. Even though it is complex, we can still understand if we are really willing to learn everything about bitcoin. Every beginner will take step by step procedure to understand the world of bitcoin.
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November 07, 2018, 12:55:14 PM
 #96

For me, it was hard for me at first to understand bitcoin and I really don't have interest in bitcoin before because it is difficult, but it really depends on a person, if you really want bitcoin and determination to know it and how to earn it then you will really get to it even if how hard to understand it at first.
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November 07, 2018, 01:00:33 PM
 #97

So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday  " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)

definitely, bitcoin is easy to understand and we know that bitcoin is the one who can guide to us how we earn money and maybe it is the way to reach our goals and to overcome our trials and it can help us financially
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November 07, 2018, 02:39:30 PM
 #98

So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday  " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)

If you are a newbie then definitely it will be hard for you to understand it at first. Thats why some of newbies need some guidance from experts so they know what to do when investing. But of course if you have the will to learn then it will be easy for you to learn new things , you need to search everything to know how the bitcoin works.
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November 07, 2018, 02:45:18 PM
 #99

I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?

It is too difficult for you to understand.  Please don't waste time trying.  Maybe go watch a comedy show or something.  That is probably good for you.  Jimmy Fallen for example.  But your brain is not suitable for things like Bitcoin. 


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November 07, 2018, 03:13:54 PM
 #100

I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?

It is too difficult for you to understand.  Please don't waste time trying.  Maybe go watch a comedy show or something.  That is probably good for you.  Jimmy Fallen for example.  But your brain is not suitable for things like Bitcoin. 


we can actually understand that, provided we want to try. we must learn bitcoin not to just look at it. why should we go into bitcoin if we understand bitcoin just don't want to. learn first about bitcoin. because we all have the opportunity to understand bitcoin.

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