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Author Topic: I have shared about bitcoin on my class  (Read 976 times)
Pffrt (OP)
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August 29, 2020, 04:18:57 PM
Merited by AB de Royse777 (5), DdmrDdmr (3), vapourminer (2), KonstantinosM (2), The Cryptovator (1), so98nn (1)
 #1

I'm having an MBA degree on Marketing. Due to COVID19, we are having classes online. However, we had a term paper submission and presentation on "Deceptive Advertising". I have selected the freebitco advertisement and had presented their Bait and Switch method to attract newbies to have click on their site.
The advertisement is- "Win $200 bitcoin per hour" which I think totally a deceptive advertising. Through this, I was able to give a little hints about bitcoin among my fellow mates and my teacher. I felt lucky when teacher asked me what bitcoin is actually after my presentation, I gave a short answer to them.
This was really great achievement of me, it may not be to you. I feel lucky if I get a chance to talk about bitcoin among my country men.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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August 29, 2020, 05:13:24 PM
 #2

This is a cool concept to talk about, many people really seem to have no idea how easy somescams are to spot, yet, there's not much content out there about how to spot it. Kudos to you and good luck!
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August 29, 2020, 05:44:51 PM
 #3

This is a cool concept to talk about, many people really seem to have no idea how easy somescams are to spot, yet, there's not much content out there about how to spot it. Kudos to you and good luck!
I tried this once but take a note that I am not from marketing related course. I am an education student major in English however I can still manage to trade here and do crypto related jobs because I have the skills when it comes to marketing strategies because I do online selling also. Then once I tried to share to my classmates what I am doing just to let them to earn also but no one believed in me because they thought that trading here is a scam.
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August 29, 2020, 05:45:18 PM
 #4

I recently shared my knowledge of bitcoin with an environmental leader in my village. incidentally his son is a friend of mine who is currently joining me in the crypto space, he is a graduate of informatics. Initially, my friend's parents were afraid because their child was involved in crypto (thought cryptocurrency was a scam with a ponzy scheme). By utilizing words such as bounty, free coins, and being able to make money without material loss, the parents slowly opened their minds and allowed their children to remain in the crypto room, even asking me to teach others (in my environment) about bitcoin technology. , also about the advantages and disadvantages of investing with bitcoin. bitcoin investment with capital from the bounty proceeds, it turns out to be a good start to introduce bitcoin for beginners here.
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August 29, 2020, 06:02:00 PM
 #5

Well done - hopefully your short explanation of what Bitcoin is wasn't Deceptive Advertising Tongue

While it feels great to explain blockchain or Bitcoin stuff to people, I kinda feel exhausted especially as it's still hard to have people understand what you're talking about. On the other hand, what is truly surprising is that a high percentage of the people I talk with about Bitcoin actually become interested in it after a while. But I'd surely love to have a BTC presentation at one point in my life.
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August 29, 2020, 06:13:16 PM
 #6

It's rare. That's great.
Most won't have the courage to do it.
Just use normal things to share which normal people do. (As they say it)

Being different is something great and only a few know that. Now you shared to them something new and different and I bet they are now browsing their way to google and there may be odds one of your classmates is signing up in this forum right now.  Grin
pixie85
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August 29, 2020, 06:22:16 PM
 #7

It's interesting that your teachers did not know about it.

Bitcoin really is a popular subject for a thesis in economics and finances, even math. They must have been living under a rock for the last few years Wink

Anyway, good job on getting them engaged and spreading the word!
rexxarofmoknathal
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August 29, 2020, 06:30:27 PM
 #8

I'm glad to see that this was received well and with little skepticism.

As from my experience when I try to tell people about it I get 2 kinds of people, people who look the other way and remain stubborn at their own ignorance and the other people who genuinely look interested and want to learn, some which even consider buying.

I'm always pleased when people are open to learning new concepts and embrace knowledge generally! Glad you had such a positive experience.





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August 29, 2020, 06:34:04 PM
 #9

Bitcoin really is a popular subject for a thesis in economics and finances, even math. They must have been living under a rock for the last few years Wink
There are still many people in my country who didn't know bitcoin even those who are doing business or in finance industry didn't considered crypto as a investment or form of money due to it's volatility and fears that it will be no good for long term plans. Only those who are risk taker or probably have time or curious to know it will find way to study it. Or maybe good marketing can get their attention like OP did. It's nice that the teacher got curious,it will also get the attention of other students to adopt or atleast try buying bitcoin.

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August 29, 2020, 08:04:37 PM
 #10

Nice job if you have shared what bitcoin is to your fellow classmates and even to your teacher. Being a student before, we're the ones that were taught about things and life. But in your case, you've just shared what bitcoin is to your teacher.

Not all teachers are like those who are open to know and ask about bitcoin. And anyone who's asking about it, you can give an answer as long as they want to know it what really it is.
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August 29, 2020, 08:22:38 PM
 #11

I'm having an MBA degree on Marketing. Due to COVID19, we are having classes online. However, we had a term paper submission and presentation on "Deceptive Advertising". I have selected the freebitco advertisement and had presented their Bait and Switch method to attract newbies to have click on their site.
The advertisement is- "Win $200 bitcoin per hour" which I think totally a deceptive advertising. Through this, I was able to give a little hints about bitcoin among my fellow mates and my teacher. I felt lucky when teacher asked me what bitcoin is actually after my presentation, I gave a short answer to them.
This was really great achievement of me, it may not be to you. I feel lucky if I get a chance to talk about bitcoin among my country men.

Interesting way of showing people what Bitcoin is and what Bitcoin is not))) Good example really to clarify people starting from something deceptive and after this to give the good explanation what is the real thing. May I ask you - have your teacher understood what the Bitcoin is? And what his reaction was after that? Because my father, for example, do not want even to try to listen about BTC and crypto. He does not believe that something like this is possible and that it really works and Blockchain is not the myths, but our nowadays reality)) so really interesting to read about your teacher's reaction
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August 29, 2020, 08:36:28 PM
 #12

Obviously many people don't want to listen,because of what scammer has done to some people that follow back door in crypto currency,it took me some months to make them to understand, and how they can benefit from bitcoin, if they follow the right procedure.
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August 29, 2020, 09:07:15 PM
 #13

Op you have done well in choosing something related to bitcoin for your advert assignment and your teacher has developed interest too which is very nice. The interest is willingly and that is the best way to educate somebody about cryptocurrency and bitcoin.

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August 29, 2020, 09:29:54 PM
 #14

I'm having an MBA degree on Marketing. Due to COVID19, we are having classes online. However, we had a term paper submission and presentation on "Deceptive Advertising". I have selected the freebitco advertisement and had presented their Bait and Switch method to attract newbies to have click on their site.
The advertisement is- "Win $200 bitcoin per hour" which I think totally a deceptive advertising. Through this, I was able to give a little hints about bitcoin among my fellow mates and my teacher. I felt lucky when teacher asked me what bitcoin is actually after my presentation, I gave a short answer to them.
This was really great achievement of me, it may not be to you. I feel lucky if I get a chance to talk about bitcoin among my country men.

So basically you've thought them that most of crypto related activities and marketing strategies are often deceptive? Cheesy lol. But you're right, some platform tends to have a ridiculous offer in which some successfully pulled things off yet some are tagged as scams with such deceptive advertising.

What else have you thought them? I hope you've only told them what is the basics of Bitcoin and blockchain, or crypto in general, and not this forum. Some people might be doubtful most likely on how to earn in here and that's an issue we keep dealing and dealing in the Beginners and Help board.

And I've also remembered that some on my collegiate friends had used crypto as their research if our country or the local university is aware with such technology or not. AFAIK, lecturing others is the best feeling especially if you would share an innovative knowledge like the crypto and Bitcoin per se (to also prevent them with the false ideology that crypto is a scam)

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August 29, 2020, 09:45:45 PM
 #15

There’s a lot of deceptive marketing strategy especially on a scam projects and i think this can be consider like that. Well, its good that you have an opportunity to share bitcoin on your class and I hope that you will not mislead them and hopefully they’ll understand bitcoin.
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August 29, 2020, 10:11:34 PM
 #16

I'm having an MBA degree on Marketing. Due to COVID19, we are having classes online. However, we had a term paper submission and presentation on "Deceptive Advertising". I have selected the freebitco advertisement and had presented their Bait and Switch method to attract newbies to have click on their site.
The advertisement is- "Win $200 bitcoin per hour" which I think totally a deceptive advertising. Through this, I was able to give a little hints about bitcoin among my fellow mates and my teacher. I felt lucky when teacher asked me what bitcoin is actually after my presentation, I gave a short answer to them.
This was really great achievement of me, it may not be to you. I feel lucky if I get a chance to talk about bitcoin among my country men.
How old is your marketing teacher? It is very strange that he has not heard anything about bitcoin and cryptocurrencies before, while being (and even teaching others) in the field of marketing. At our Institute of Economics, all departments know exactly what cryptocurrencies are and most of them know how to use them, and some even trade.

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August 29, 2020, 10:16:59 PM
 #17

That was a good opportunity not only on your side but also for this community. We all know that there are lots of deceptive advertising that happens, it is their way to scam more people. But that's a good way to change what and how they think about bitcoin. This way, they will at least have to know about bitcoin in a positive way.
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August 29, 2020, 10:18:44 PM
 #18

While it feels great to explain blockchain or Bitcoin stuff to people, I kinda feel exhausted especially as it's still hard to have people understand what you're talking about.
Trueeee. It really feels good sharing some knowledge of yours to some people but it gets tiring as the time passes when they start to check their phones while you are talking them, it gets me frustrated every time but I can't blame them because of their personal interest.

On the other hand, what is truly surprising is that a high percentage of the people I talk with about Bitcoin actually become interested in it after a while. But I'd surely love to have a BTC presentation at one point in my life.
It's not for me, they just always ask what's with bitcoin and other coins, what they commonly asks to me is if it is really profitable, how they can gain money from it, is there no money involve ( like wtf ), and so on. I'm studying in a technology school, there was a time that I attended a blockchain conference, I expected it to be technical enough for me to understand but it was just an introduction, it seems like even my professors are having hard time to understand what it really is, I think the age is a factor here somehow.

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August 29, 2020, 10:28:35 PM
 #19

Thanks for sharing your experience.
I would also tell any of the people around me about Bitcoin and also guide them to get involved in the crypto space.

Once we manage to convince people that there are other ways of looking at money at that time, we will gain more Bitcoin users.

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August 29, 2020, 11:11:38 PM
 #20

That was a good opportunity not only on your side but also for this community. We all know that there are lots of deceptive advertising that happens, it is their way to scam more people. But that's a good way to change what and how they think about bitcoin. This way, they will at least have to know about bitcoin in a positive way.

Though in case of freebitco, they are not a scam site and just to correct a lil bit about the advertisement from freebitco's site -
It says, win up to $200 in free bitcoins, so it is not the "Win $200 bitcoin per hour" as the OP presented. They have a lil bit of difference in meaning here. Anyway, we really see a lot of false advertisements everywhere, bonuses or rewards from casinos with certain requirements that they don't disclose outright. But to avoid these situations, trapped in a false advertisement, first make sure that you are visiting a legit website and not a potential phishing website. Because most legit websites will really give what is offered but of course it entails certain requirements to accomplished before getting such reward.

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