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Author Topic: Now is a good time  (Read 904 times)
Gladiator25
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April 04, 2020, 12:29:47 PM
 #101

Let's be honest here, Covid-19 has brought about a lot of changes which includes quarantine. And there's one thing I'm sure of; one of the people to make gain in this season are our service providers. I mean, everyone stays at home and there's probably an 80% probability that they would spend more time on the internet. Now, let's also think of this; don't you think that this is a good time to promote btc (online)? Imagine, most people presently are off their work desk and are surfing the net. I really think that this is a good time to promote btc online. If people hear more about it, it'll keep brightening the future of btc.
I have two questions for you. What have always hindered you from reaching out to people (online) and 2, would you agree with me and support the promotion of bitcoin in this season??

I would loved to support to the promotion of bitcoin. Many people didn't know what to do during the lockdown because of the pandemic. If there are many advertisement about bitcoin right now, people have time to search for the use of bitcoin or any other things they want to know. Though there are still people who have no interest in bitcoin but atlest we do our part to make the digital currency community to grow bigger.

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 04, 2020, 02:16:04 PM
 #102

China is a country that has been taking advantage of the moment, not only to invest in Bitcoin, China has been buying shares on Wall Street very cheaply, apart from that they want and maintain the launch of their own stablecoin, obviously there are always opportunities from different points of view or according to the angle from which the situation is focused.

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April 04, 2020, 03:08:15 PM
 #103

They maybe at home right now but some of them are barely living because the lack of food and money they're barely scraping their savings just to buy daily necessities. So i think they wouldn't want to invest right because majority of them are really broke. Even in the US an approximate of 6.6 Billion filed for unemployment. Unless the current monetary system collapse then people would really start to migrate into Bitcoin.
You're right. Current times are not ideal for mass adoption. Most people don't think about investments right now. I think we'll need to wait for this crisis to be over.
People might get no interest this time because they are prioritizing their daily combat against the pandemic and couldn't think about acquiring business anymore nor they adopt the system. I know and I believe that this won't last forever, the crisis may over soon and people come to investment again. If I have enough money by now, I should have to take the opportunity...
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April 04, 2020, 03:30:26 PM
 #104

Yes,maybe now is the good time  to use bitcoin because of covid19 but nowadays has no assurance that it will boast the value of bitcoin because many people at this time is much concern with their daily needs to survive and to fight corona virus. Many people would not think about investment nowadays although it is good to use bitcoin now to send money because many remittance center are closed.

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April 04, 2020, 06:44:42 PM
 #105

First that I have introduced Crypto to my friend. They previously worked in the office and now they have to work at home. And they use a lot of internet media when at home. There are some of my friends who are interested in trading. And they immediately make a deposit and try to trade.

Second is my difficulty when promoting Bitcoin. Some of my friends don't believe in the advantages of Bitcoin trading. They already knew that the Bitcoin movement was very fast. And if this disadvantage is certainly very large and trade is not friendly to beginners.

But I always add an optimistic sense towards those who are already trying to trade. In addition, they also need additional income.
Unless your friends already know how to trade and have a long history of doing so and obtaining profits most likely they are going to get burned in this market and they will lose money they may use for something they really need, I understand their enthusiasm but trying to trade immediately without any knowledge is just asking for trouble, as we know this market can move incredibly fast and if your friends do not use a stop loss and they use a lot of leverage they could lose all their money as soon as the market moves in a way they cannot predict.

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April 04, 2020, 09:53:31 PM
 #106

I do think one needs to have a small amount of freedom so as when they choose the invest in Bitcoins , that is their own decision , people won't always appreciate you going upto them and telling them about Bitcoins.
Most of the millennials doesn't seem to like Bitcoins at all , for them stability is the key.
What we can do is to make sure we can periodically put stuff about Bitcoins online on our social media and discuss about this to our friends who really wanna engage in it , let's be honest , no one wants a person who never wanted to be engaged in the first place.
One should be interested about the Bitcoins , the cryptocurrencies.

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April 04, 2020, 10:56:37 PM
 #107

Yes,maybe now is the good time  to use bitcoin because of covid19 but nowadays has no assurance that it will boast the value of bitcoin because many people at this time is much concern with their daily needs to survive and to fight corona virus. Many people would not think about investment nowadays although it is good to use bitcoin now to send money because many remittance center are closed.

I think the most problem with the virus is not the virus itself but rather the effect of the economy. The economy was doing very badly before and now more so then ever. I think though that this lockdown might
bring with it some new opportunity. One thing is for sure the planet is loving it and for the first time birds can be heard in China which is so sad.
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April 04, 2020, 11:16:09 PM
 #108

There are some things that hindering me from promoting/telling something about Bitcoin to other people.

1. People around me aren't interested on it. They don't have any financial background or anything related to investment. If I will just share it to just random people, it will make a funny shit because I'm sharing something that they don't even understand and probably not interested of. I'm not against your agenda to share and promote Bitcoin to other people and I actually like it but the problem with some here are they don't have the mindset like us. They aren't investors at all and they aren't interested on learning on it.

2. I know that most of the places right now have internet already but in our country, there are still many people who doesn't have any access to internet because of financial problems. How can these people invest into Bitcoin if they don't have access to internet.

Sorry to ask but where are you from? Depending on the zone there are services that allow for blockchain transactions to happen via text messages! I know that Dash was doing something akin to that in latin america. About people not having a investment background, everyone at some point has thought that investing in something is a good idea, be it their own business, a car, whatever. Bitcoin is just like this, and despite how poor a country is bitcoin can always be a good investment idea.
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April 11, 2020, 05:12:55 PM
 #109

I think Bitcoin now is nothing but a chinese scam and a push to trade what they're invested in.. I don't see BTC being legitimiate going forward and especially useless to the west. I f anything I find that more and more people realize its a controlled scam to push towards a digital world.  Look at the people speaking positively about BTC, its almost 100% asians.  There is no use for a global currency going forward, this was just a giant myth and a psyop to continue pushing for cashless system and a one world currency, sadly only the people in freedomless countries and pushing it.   

Just look at the reason people cite for buying bitcoin. They're clearly coming from kids and young people who have not yet learned the structure of things.
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April 12, 2020, 03:05:49 AM
 #110

at the price of bitcoin for now is we could say it is the right time to buy because of his dropping price. but not good to introduce to other because some people dont understand what's going on right now in bitcoin. and im sure they see from now is the cheapest price. so before introduced to other teach them first how to invest..
it is dropping now and there are some threads that discussed about the incoming downfall again before the Bull comes.
so basically some are planning to sell now as this is considerable as High and buying at low soon and this is something to expect.
but this is just my another assumption so it is your decision to buy but for now?i have enough Holdings so maybe considering to buy is not my first option now.

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April 12, 2020, 10:16:36 AM
 #111

Government suggest the comunity  for work from home, so probably many people will interested in btc or other cryptocurrency investment. But promote btc in this situation is not as easy as we think because as long as the covid19 still spreading then the price of btc and other assets will keep drop. People have a great fear of all kinds of investment. Maybe the best that we can do for those who still new in btc investment is by convince them that this is good time to buy but not a good time to sell, don't expect immediate return and hold btc for longer time.

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April 12, 2020, 03:01:01 PM
 #112

It won't work as you have imagined. Even if there is no quarantine, people tend to surf the internet every single day. I am sure that they also know about bitcoin but they just disregard it due to their own reason. Even if we promote bitcoin through social media and elsewhere, they will just disregard it because of the covid-19 issue. Every individual is saving their money and storing enough food for their needs, I doubt that they will give their time listening because people needs to do what they need to do right now.
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April 12, 2020, 03:01:42 PM
 #113

Government suggest the comunity  for work from home, so probably many people will interested in btc or other cryptocurrency investment. But promote btc in this situation is not as easy as we think because as long as the covid19 still spreading then the price of btc and other assets will keep drop. People have a great fear of all kinds of investment. Maybe the best that we can do for those who still new in btc investment is by convince them that this is good time to buy but not a good time to sell, don't expect immediate return and hold btc for longer time.
You better save the talk for yourself man, nothing is much as good as investing with cryptocurrencies now, not even in stocks. Maybe you need to post some of your stuffs in your social media accounts for the people in touched with you must know what you are up to and think that they should do investing too. You don't need to promote bitcoin in times like this, people are needs money right now not profit, but there are people who wants to take advantage of the scene to prepare for a better future and those people are the ones that we wanted to come in here. Don't explain too much of bitcoin, let them be curious about it.

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April 12, 2020, 03:21:47 PM
 #114

What have always hindered you from reaching out to people (online)
I am afraid that they can just easily reject me even without saying all I know about it. Base on my experience, they are not interested in bitcoin, since then, I stopped promoting it to anyone unless they show their interest in front of me.

2, would you agree with me and support the promotion of bitcoin in this season??
No, every people in the whole world is in need of money. They might reject this bitcoin promotion since what they prioritize is their need and not to make a profit, especially if they don't know until when they need to wait to have their return of investment.

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April 12, 2020, 03:24:09 PM
 #115

Let's be honest here, Covid-19 has brought about a lot of changes which includes quarantine. And there's one thing I'm sure of; one of the people to make gain in this season are our service providers. I mean, everyone stays at home and there's probably an 80% probability that they would spend more time on the internet. Now, let's also think of this; don't you think that this is a good time to promote btc (online)? Imagine, most people presently are off their work desk and are surfing the net. I really think that this is a good time to promote btc online. If people hear more about it, it'll keep brightening the future of btc.
I have two questions for you. What have always hindered you from reaching out to people (online) and 2, would you agree with me and support the promotion of bitcoin in this season??
You actually got some point though and i agree that most people now globally are more focused online which it isnt really bad to spread out bitcoins existence or the entire crypto market
but the thing here is that we cant be sure if it would gain that much traction yet we know that majority of people now are on panic or even trying hard to seek out for online jobs
to sustain their lives specially now we are on a very difficult situation.So it would be still on 50-50 when it comes to exposure or they would be attracted or just simply still be ignored.

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April 12, 2020, 04:55:10 PM
 #116

Quote
Let's be honest here, Covid-19 has brought about a lot of changes which includes quarantine. And there's one thing I'm sure of; one of the people to make gain in this season are our service providers. I mean, everyone stays at home and there's probably an 80% probability that they would spend more time on the internet. Now, let's also think of this; don't you think that this is a good time to promote btc (online)? Imagine, most people presently are off their work desk and are surfing the net. I really think that this is a good time to promote btc online. If people hear more about it, it'll keep brightening the future of btc.
Yes, same like you i think this is a fit time to promote about Bitcoin and other Future assets

Quote
I have two questions for you. What have always hindered you from reaching out to people (online) and 2, would you agree with me and support the promotion of bitcoin in this season??
1. No one can hinder me, but people have different interest so we will hard to make bitcoin promotion, except we meet the very curious people
2. Yes, fully agreed Smiley

R


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April 12, 2020, 09:32:10 PM
 #117

Yes,maybe now is the good time  to use bitcoin because of covid19 but nowadays has no assurance that it will boast the value of bitcoin because many people at this time is much concern with their daily needs to survive and to fight corona virus. Many people would not think about investment nowadays although it is good to use bitcoin now to send money because many remittance center are closed.

Use for what? You said that it is a good time to use it but you also said that people are more concerned about the things they needed and also these money remittances being closed so you are also countering what you are saying. For me, not the best time to use it, but as you also said about investment, I think it is the best time to invest because of the incoming halving.

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April 12, 2020, 10:14:50 PM
 #118

It is true that now is a good time to promote bitcoin to be known to many people, because most people will be online in such situations.
Like now in corona virus crisis. But it is not easy to reach people to want to invest in bitcoin, because most people will find safe by
choosing investments in gold rather than investments in bitcoin whose risk is very high. This is our challenge to promote and convince
people to invest in bitcoin by explaining the benefits gained when investing in bitcoin.

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April 12, 2020, 10:44:45 PM
 #119

Yes,maybe now is the good time  to use bitcoin because of covid19 but nowadays has no assurance that it will boast the value of bitcoin because many people at this time is much concern with their daily needs to survive and to fight corona virus. Many people would not think about investment nowadays although it is good to use bitcoin now to send money because many remittance center are closed.

Use for what? You said that it is a good time to use it but you also said that people are more concerned about the things they needed and also these money remittances being closed so you are also countering what you are saying. For me, not the best time to use it, but as you also said about investment, I think it is the best time to invest because of the incoming halving.
Maybe he is trying to say about a good time to use as a currency. But it seems to be out of chance because not all stores/establishments are open for this type of transaction, in fact, they are converting it into fiat money for the sake that they can make use of it.

And you are right, a good time to start crypto-investment not only in the anticipating for the upcoming halving but the price is much acceptable and affordable to the people. Yet, halving has come near but we can't expect how it can push the market at high since we are still in low market support.



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April 13, 2020, 01:38:41 AM
 #120

Let's be honest here, Covid-19 has brought about a lot of changes which includes quarantine. And there's one thing I'm sure of; one of the people to make gain in this season are our service providers. I mean, everyone stays at home and there's probably an 80% probability that they would spend more time on the internet. Now, let's also think of this; don't you think that this is a good time to promote btc (online)? Imagine, most people presently are off their work desk and are surfing the net. I really think that this is a good time to promote btc online. If people hear more about it, it'll keep brightening the future of btc.
I have two questions for you. What have always hindered you from reaching out to people (online) and 2, would you agree with me and support the promotion of bitcoin in this season??
if you see from the many people who are quarantined at home and honestly the same as you might be the most appropriate to introduce more about bitcoin. because it is clear that while at home they will be preoccupied with many who use the internet, but whether at this exact moment they themselves are filled with uncertainty and haunted by fears of infection that continues to grow. certainty. so they may not be able to listen well but instead they want to relax and do not want to mess around with what will be learned again. it all depends back to what is currently being quarantined at home, whether they can calm themselves from fear and so on.

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