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Author Topic: Is Bitcoin/Cryptocurrency user friendly?  (Read 10862 times)
minersday
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May 15, 2019, 09:31:51 PM
 #21

From my personal experiences in the crypto ecosystem, I don't really think and see Bitcoin or cryptocurrency as user friendly. I remember my first time trading some tokens i had for Bitcoin on an exchange platform, I lost about 10% of  the actual worth of the tokens just because I had some challenges trying to sell my tokens for Bitcoin. Most of the cryptocurrencies require that users have a little technical skills.  But I think there are new platforms being introduced into the crypto space trying to bridge this gap.
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May 15, 2019, 10:29:10 PM
 #22

From my personal experiences in the crypto ecosystem, I don't really think and see Bitcoin or cryptocurrency as user friendly. I remember my first time trading some tokens i had for Bitcoin on an exchange platform, I lost about 10% of  the actual worth of the tokens just because I had some challenges trying to sell my tokens for Bitcoin. Most of the cryptocurrencies require that users have a little technical skills.  But I think there are new platforms being introduced into the crypto space trying to bridge this gap.
Yes, most of the cryptocurrency requires a little technical skills before using it that's why it always prefer us to study first and become knowledgeable because on that way we are being aware on how to use it properly and can generate strategies that can help us to minimize those risk of losing a money.

DreamStage
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May 15, 2019, 10:51:41 PM
 #23

If you do get to know how the market works, how you can buy and sell safely without being scammed.
If you know how good you can achieve profits and how fast you can make a transaction.
If you are willing to accept you can lose your balance in a matter of seconds with a wrong buy you will be ready to join this new market (since it's a new user we are talking about).
Just make sure you have read everything you need and start your journey into this Crypto world.

Nothing to see here
George Alex
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May 15, 2019, 10:52:42 PM
 #24

Let's be honest crypto is not for your Grandma and Grandpa. They will never ever able to adjust to the new system.

Even most of the middle aged morons don't understand what's going on right now. I'd say at least half of them use their iphones only to check their stupid facebook photos.

Only the millenials and half of the gen Y members will be able to understand and use crypto.

It is not about the User Interface. It is about understanding the technology. Once you get what bitcoin is and how it works, UI doesn't really mean shit.

muratsink
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May 15, 2019, 10:59:29 PM
 #25

in my opinion, it depends on crypto users.  but in general the crypto world is very friendly and very useful for our lives.  on the other side, crypto is used by some people for crime and fraud.  so crypto becomes unfriendly from the social side.  then.  Crypto mining is also not friendly.  we need another source of energy.  like hydropower and solar power.

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George Alex
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May 15, 2019, 11:02:51 PM
 #26

No simple in this market any away to be user friendly, I'm sure everyone here the first day get it into the market he/she was confused in one way or another  when someone talked about online wallet simply what comes to mind that time was like  paypal   when its come to its technology blockchain many question where arises  think about New comes what they think exampale I got question on my https://t.me/referalTelegram people ask what are all these posts for, image that snariao
Gi01
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May 15, 2019, 11:44:13 PM
 #27

Comparing the nature of cryptocurrency platforms in 2010 and 2012 to the current platforms available to new users now, I will say cryptocurrency currently is very user friendly. These new platforms have made it possible that people who are new to the crypto space can easily comprehend the features of cryptocurrency platforms and can start using them.
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May 15, 2019, 11:47:28 PM
 #28

I cannot say that bitcoin or crypto currency are user friendly. If you wonder why, because single mistake that you commit will make you vomit especially if you are sending a large number of amount to a wrong address.

Bitcoin transactions are not reversible and this is why I consider bitcoin or crypto currency is not a user friendly. If you want to be part in crypto community then you need to study first especially the basics so you will not loss a single amount of your money.

AndreyVen
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May 16, 2019, 12:02:06 AM
 #29

There is a lot of work that needs to be done around the area of private key management. If you are not on top of the game in terms of it security, like multiple encrypted backups, strong passwords and multiple steps of verification, you soon see that we are far away from your average person being comfortable holding significant amounts in crypto currencies. Its not like keeping cash in a vault, but thats where we'll need to go, figuratively speaking.
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May 16, 2019, 01:29:10 AM
 #30

Bitcoin is a user friendly cryptocurrency I was able to learn all the rudiments of bitcoin without any assistance or input from any individual but internet , I had the opportunity of teaching two of my colleagues how to use and transact bitcoin above all the usage of bitcoin is very easy to accomplished although there other areas like trading and mining that is somehow complex to a beginner.

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May 16, 2019, 03:08:54 AM
 #31

Of course it is ! I invite you to take a look on : https://kriptomat.io/
You'll see how user-friendly the platform is.
-Many choices, A real human live support, an ambitious team doing everything to make this world accessible for everyone.

Toutes les actualités de la crypto-sphère sur Telegram !

https://t.me/decentra
qwertyup23
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May 16, 2019, 03:17:48 AM
 #32

It is use-friendly but I highly suggest that you read books or watch videos online explaining the fundamentals and basics of cryptocurrency in-order to understand it fully. When I started this forum 2 years ago, I was fortunate enough to have someone who is literate about this technical world. But I went the extra mile by watching videos online and browsing here in the forum to grasp each concept.

Learning how to drive by watching videos or through reading will not make you a good driver, experience does. I also suggest that you attempt to earn bitcoins and do transactions to highly-trusted users in the forum.

Comparing the nature of cryptocurrency platforms in 2010 and 2012 to the current platforms available to new users now, I will say cryptocurrency currently is very user friendly. These new platforms have made it possible that people who are new to the crypto space can easily comprehend the features of cryptocurrency platforms and can start using them.

Back when bitcoin first started, there were few to none websites/reading materials that will guide you along the way. Fortunately, its reputation gradually increased and videos of guides started to rise in the internet.
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May 16, 2019, 04:04:56 AM
 #33

In general, I do not agreed that is a user friendly. It is complicated IMHO. Bitcoin, preferably blockchain technology is hard to understand. There are some areas yhay need improvements but we can see that as the time goes by, the development of btc is good. If you are used to it by now, you can really say that it can be user friendly. But for a newbies, it is not yet.
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May 16, 2019, 05:42:10 AM
 #34

I'm curious to know what the community thinks in terms of how user friendly entering this market is? I know we've come a long way from the days when UX/UI was extremely poor for most companies but are there other areas that require improvement?
the use of bitcoin and digital currencies is an easy matter so that this can be said to be user friendly. just like other services that when we do transactions with bitcoin then it's as easy as using mobile banking and even in my opinion it's much easier. it depends on our principle whether we want to try new things or not.
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May 16, 2019, 06:37:25 AM
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 #35

for me it is yes because we have a digital currency today all of the wallets goes through the digital wallet or we also called as E-Wallet today that we  can transact all over the world
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May 16, 2019, 06:48:13 AM
 #36

Bitcoin is user-friendly but can't say the same about other cryptocurrencies as Bitcoin is popular among the people and is acceptance level is quite high. The current BTC price i.e. $8K has polished its position one more time in the crypto market.
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May 16, 2019, 07:07:07 AM
 #37

I cannot say that bitcoin or crypto currency are user friendly. If you wonder why, because single mistake that you commit will make you vomit especially if you are sending a large number of amount to a wrong address.

Bitcoin transactions are not reversible and this is why I consider bitcoin or crypto currency is not a user friendly. If you want to be part in crypto community then you need to study first especially the basics so you will not loss a single amount of your money.

Mistakes are always possible but that depends on users, not on crypto system that is to my opinion user friendly and relatively simply. However, that doesn't mean that users don't need to inform themselves first.
But to my opinion it's not complicated to.use Bitcoin or other cryptocurrencies and it doesn't take long to learn basic how to use it. But there will always be reckless users who will make mistakes on their own damage no matter how simple system is.

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May 16, 2019, 07:14:44 AM
 #38

There is nothing perfect.  And there is no chapel of genius.  But all the same, you always need to strive for this.  As for me, a cryptocurrency is quite convenient for its age.  Every day it will be stronger and stronger.

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May 16, 2019, 08:24:24 AM
 #39

Its a no for me. You can see that there are less than 1% (approx.) of the people worldwide that is using Bitcoin because it is very complex for newbie to average persons and investors. It is not user friendly for me but I think one can learn it if he likes too.

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May 16, 2019, 09:57:57 AM
 #40

The whole thing is very complex for starters but it becomes very user friendly as you grow in it. But one has to be computer literate and that is the problem for many

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