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Author Topic: is this the right time to explain about bitcoin to others..?  (Read 22843 times)
Nahl
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January 08, 2019, 05:49:06 PM
 #41

Everytime and everyday is good time to explain bitcoin to other people but whatever they decide to see bitcoin from bad side or good side it all depend on those people decissions themself but our jobs currently is spread good words when described bitcoin and regarding people want to accept or not our explanations i think it will back again to them
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January 08, 2019, 06:47:36 PM
 #42

now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
Explain bitcoin to other people is good. But it is all depends on what you explain to them. it will be good if we tell them what actually bitcoin is and it's technology, not something that can make money fast.

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January 08, 2019, 06:49:22 PM
 #43

now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
I find that the current time is not really appropriate to talk about Bitcoin with others. People are always attracted to the value of anything and we need to wait until Bitcoin reaches a higher price.
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January 08, 2019, 07:08:15 PM
 #44

If you have enough knowledge about bitcoin and blockchain technology then you can explain anytime to others! Don't think about the right or wrong time! But you need to ensure that he understands well or not! Don't teach someone by mentioning the 20K USD or hold or very soon type words! Try to teach about the blockchain network and how big it is!

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January 08, 2019, 09:06:27 PM
 #45

Indeed, now is the time to talk about bitcoin, because it will bring new investments to the market. It's very good for the present time. It will also help bitcoin to scale, which is also good for its development. So our task is to spread information about bitkin to as many people as possible.

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January 08, 2019, 09:11:09 PM
 #46

It's always the right time to explain bitcoin to others. Why wouldn't you explain bitcoin to others? Unless they already know about it, and they think it's a scam because it dropped so low.

Though you can always tell the people who think it's a scam to look into the technology, maybe lighten up their minds a bit.
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January 08, 2019, 09:21:03 PM
 #47

i really think so, its about time we tell others about crypto currency, even though have stopped telling people about bitcoin because its like mmm, and am not ready to convince anyone for now  untill market bounce back

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January 09, 2019, 09:26:21 AM
 #48

Anytime is the right time to explain Bitcoin to others. The question is can you explain it to them because in order for you to explain it to them, you must know even the basics only. We all know that Bitcoin and cryptocurrency in general is very complex that it will be hard for some average persons to understand it. This is why I don't want to explain it to them. I just let them know how Bitcoin works.

 
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January 09, 2019, 09:50:08 AM
 #49

I don’t think you have to find the right time to explain about Bitcoin. During bull market, people will say Bitcoin is a bubble as well. So don’t worry, just explain when you have a chance.
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January 09, 2019, 10:11:28 AM
 #50

Why would people think it is a scam, if you try to explain to them that it is a good time to buy, when the price is low? Professional financial advisors will give you the same advice about Stocks and Bonds and/or commodities, if their price was low and showed potential to increase in the near future.

You just need to make it clear to them that Bitcoin is a high risk investment and that they would be taking some risk for a potential high profit yield in the future. <It is always their choice, so never force the issue>  Wink

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January 09, 2019, 10:11:58 AM
 #51

Anytime is the right time to explain Bitcoin to others. The question is can you explain it to them because in order for you to explain it to them, you must know even the basics only. We all know that Bitcoin and cryptocurrency in general is very complex that it will be hard for some average persons to understand it. This is why I don't want to explain it to them. I just let them know how Bitcoin works.

Explain it to others mean we persuade them to invest in cryptocurrency which is very risky thing to do. And if in the future, after they invested in bitcoin for example, then the price move down significantly, for sure we will have a bad feeling because of it. So, it is better to explain when someone asks about it, therefore if something bad happened, we won't be blamed. Moreover, right now, the market condition isn't good enough, so I think it isn't the best time to explain it to others.

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January 09, 2019, 10:45:13 AM
 #52

You can explain anytime to any individual that are willing to listen on the use of bitcoin. If they are interested to know more about bitcoin then I'm also willing to explain to them but I'm not going to persuade them to invest in any cryptocurrency unless they are already know how risky is the cryptocurrency investment. Inviting or urging someone to invest in cryptocurrency might give you a problem in the future because they will surely blame you when their investment suffer a loss because of price declines.
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January 09, 2019, 10:55:07 AM
Last edit: January 09, 2019, 11:08:22 AM by Magkirap
 #53

now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
If you do not show any proof that you earn money from bitcoin they may think it as a scam but it is not a scam and tell to them that bitcoin is very good kind of investment. However, if you introduce at this current rate of market it depend to the people if he will invest or not. You should explain it in every detailed so they will get interested on it. You should also tell to them that this time is the good time to buy and invest in bitcoin.



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January 09, 2019, 11:10:28 AM
 #54

In my point of view, this is not the right time to explain to others about bitcoin. It is more effective to persuade people to explain about bitcoin if its price is high and then if they are pleased, you will not advise them to buy specially if its price is currently high. Let them see its volatility through the market and wait for the right time to buy bitcoin if it has lower price just like now.

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January 09, 2019, 11:37:47 AM
 #55

If you do not show any proof that you earn money from bitcoin they may think it as a scam but it is not a scam and tell to them that bitcoin is very good kind of investment.
I dont understand why people are referring to money earning methods to bitcoin. I believe it is because of the prevalence of bounty hunters in this community more than actual bitcoin holders.

Quote
However, if you introduce at this current rate of market it depend to the people if he will invest or not.
If the person you are introducing it to does not like high risk investments and is more of the conservative type about their money then it will never have any effect. They are not bad but they have a different mindset.

Quote
You should explain it in every detailed so they will get interested on it.
Explaining why it is unique is important as well as pointing out the advantages of bitcoin over other modes of payment.

Quote
You should also tell to them that this time is the good time to buy and invest in bitcoin.
Try not to give financial advice because you will become liable in the future if they lose money. Give a non-biased lecture and tell them about the pros and cons.

 
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January 09, 2019, 01:20:23 PM
 #56

You will surely have another year or two to do this at a much more favorable (for purchase) rate, and without haste. Everything flies, and not only the crypt and the end of this (so far) is not visible.

Now we test 3500 once again and, if we punch (if not right now, then probably a little later), then 3300 is not far off, and there we can touch 3200 - 3100 and if from here we can buy long in the short term quite idea, rather than purchased from current levels.

Or are you hoping for a local rebound? I am also waiting for him, but not the fact that he will happen (much, many are waiting for him too) and the fall may continue from the current levels, until this happens (each subsequent rebound (mostly) below the previous one).
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January 10, 2019, 01:23:23 PM
 #57

now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
If you do not show any proof that you earn money from bitcoin they may think it as a scam but it is not a scam and tell to them that bitcoin is very good kind of investment. However, if you introduce at this current rate of market it depend to the people if he will invest or not. You should explain it in every detailed so they will get interested on it. You should also tell to them that this time is the good time to buy and invest in bitcoin.

At the moment yeah, it's about showing proofs. And also, with the 2018 decline, it'll be extremely hard to convince people about btc and it's features for easier transactions. Probably best to just wait and let them figure it out themselves.

 
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Valer4ik
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January 10, 2019, 02:10:25 PM
 #58

The cue ball is not a pyramid ... - Oh, well, but many economists (especially those who received Nobel for predicting the crisis of 2008) are padlyuki, everyone unanimously argues that the crypt in the form in which it is a bubble. But do not rush to argue, the bubble is essentially the entire banking and economic model of the world for centuries. Look hf Wall Street 2, there it is clearly described.

About the gold chain ... You read the story of besieged Leningrad, about how the hungry, dying people changed gold, jewels, antiques, etc. to a piece of bread. And where much more valuable than gold, prized bottle of moonshine. The story of the survival of people in Kiev and Odessa occupied by the Germans is also very instructive. For example, in Kiev, one of the most popular goods on the market was ... a matchbox with typhoid lice ... The German warriors bought them, for typhus at that time was already curable. For the warrior's self-propelled gun, he could even get to the concentration camp, but with typhus instead of the eastern front, he ended up in the infirmary for up to six months. Thus, a German soldier bought his life and health (not counting the effects of typhus. But this is much better than being wounded or mutilated on the battlefield), at least for this half year.

About the right people ... German officers during the occupation of Kiev were trading with ... Soviet partisans on a very fucking scale.

So, to whom is war and famine, and to whom Mother is native and new opportunities.
poldanmig
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January 10, 2019, 02:54:36 PM
 #59

I don't think it's the right time to tell crypto currencies to other people with conditions like this, if the crypto currency condition is good it still can't because the transaction with crypto currency is still prohibited in my country

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jpnl0006
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January 10, 2019, 03:32:24 PM
 #60

Every time is always the right time it all depends on what you are bringing to he table for them what is the current market situation and tell them every necessary information they need to know and how they can be able to adjust in different market challenges. Make it right and worth it thanks
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