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Author Topic: Bitcoin is only new to the newbie  (Read 682 times)
fiulpro
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September 04, 2021, 01:17:14 PM
 #21

I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies. I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations

Actually most of the people, including kids and old people alike are actually very involved with the whole concept of Bitcoins and cryptocurrencies and also at the end of the day, these things only came into existence in 2009, therefore we have to realize that its not been that long, therefore I do believe that at the end of the day in few more years with the technical advancements we will be seeing more people interested in the whole concept of cryptocurrencies and bitcoins. Therefore till then we can do our part: telling them about it, this could mean a lot for your friends and family members because they are more likely to listen to you and to your option than go online and research, you can always provide the first push.

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September 04, 2021, 01:20:25 PM
 #22

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he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.
he is concerned with others more than himself but did he also got scammed before ?
if not then he shouldnt worry because you are there to guide him  .
we need to help them realize that bitcoin wasnt really a scam and to those that got scammed it can be thier fault because they maybe lacked of knowledge and yet they insist to continue  .
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September 04, 2021, 01:28:10 PM
 #23

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he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.
he is concerned with others more than himself but did he also got scammed before ?
if not then he shouldnt worry because you are there to guide him  .
we need to help them realize that bitcoin wasnt really a scam but those that got scammed can be thier fault because they maybe lacking of knowledge but yet they insist to continue  .

and in my experience, better wait for someone to approach you and ask about bitcoin or crypto, if in case they already know you are into crypto. because if you will insist it to them and try to explain things, the response is different. but for someone who is really eager to learn more, your time will be worth it as he will indeed listen to what you have to say. a lot are still hesitant because of the negativities they are reading and watching, and most of them don't want to educate themselves to further their knowledge in this new tech.

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September 04, 2021, 02:03:13 PM
 #24

I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies. I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations

That’s really sad to hear that this type of frauds still happening and for this our bitcoin ecosystem is looking in a negative way.
The only way to make people believe that Bitcoin is good and worthy of investment is by some serious plan.
We can make some popular celebrity like Ronaldo do the promotion for Bitcoin.
As Ronaldo has many fans and thereby they will gain some believe on the coin.
This is a good way I guess to teach the newbies about Bitcoins and also to introduce the positive aspects of BTC.

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Ararbermas
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September 04, 2021, 02:10:37 PM
 #25

I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies. I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations
well we cannot blame them its their choice, because indeed if they are really interested to become part of crypto currency such bitcoin, perhaps they will make a good research to avoid those frauds enthusiast that keep fooling around the internet. Indeed using basic research nowadays you can see some feedbacks from other people wherein if the site is totally legit or not.. Sorry to say but mostly newbies just want an easy money, i mean even before reason why until now they always fell to some ponzi scheme.
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September 04, 2021, 02:39:14 PM
 #26

~
in my country, crypto ponzi schemes are very rampant, even thousands of people are deceived by fake bitcoin investments
From the data obtained, those who fall into the trap of fake investments are those who are persuaded by acquaintances/relatives

breaking the chain of fake investments is purely the work of the government
if they can't educate citizens about what investment is, how to identify scammers and give their citizens a sense of security then they shouldn't be sitting in their current position

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September 04, 2021, 02:40:11 PM
 #27

bitcoin is only new for beginners, that's true, but if we believe and are serious about exploring bitcoin, I'm sure we will definitely be able to, because effort never betrays the results, if we are just learning we are still new, we have to crawl first, after that only then can we walk, and after that we can only run, but if we convince old people about bitcoin, I think it's really difficult, because old people are very difficult to believe in new civilizations..
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September 04, 2021, 02:55:26 PM
 #28


There are people who heard of it before but are still skeptical about Bitcoin since the news that they heard before was that its a ponzi scam. I attended to parents and teachers meeting in 2018 where my kid goes we were talking about what we do for a living and i happen to mention that I tried making money online through Bitcoin trading. Some of them are looking at me like I'm a scammer.

Last year some of them reach out to me about Bitcoin and want to know about it. I chat about stores in other countries accepting BTC already that even the rich people like Micheal Saylor and Forex brokers are already adding Bitcoin in their market. Taught them how to buy in localbitcoins and I gave them the link to bitcoin.org and bitcointalk.org forum so they will learn from here. The next days when I saw them online again on my facebook messenger, I asked if they have already download some wallets, their response is no. I got disappointed how the only two parents who asked me about it still are not convinced despite the price going $40K. Newbies are hard to convince.


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September 04, 2021, 03:00:18 PM
 #29

Bitcoin will always be a scam and fraud for people who still got no enough knowledge about it. Also, it only becomes Ponzi because of scammers who are using crypto to fool people. If we'll only do our own research then we'll see the real value and importance of Bitcoin as a digital currency. We'll never be a victim of crypto ponzi if we'll know how to get rid of it.
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September 04, 2021, 03:07:14 PM
 #30

Bitcoin will always be a scam and fraud for people who still got no enough knowledge about it. Also, it only becomes Ponzi because of scammers who are using crypto to fool people. If we'll only do our own research then we'll see the real value and importance of Bitcoin as a digital currency. We'll never be a victim of crypto ponzi if we'll know how to get rid of it.
that's true because those who don't know and don't want to know about bitcoin and crypto will always think that what we're talking about is a scam.
especially for those who just entered and invested without any knowledge. most likely will experience a loss and he will consider it a fraud.
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September 04, 2021, 03:40:25 PM
 #31

Majority of those who believe that Bitcoin is a scam are those boomers and probably those who lack knowledge about Bitcoin and cryptocurrency and are probably misinformed with the whole concept of Bitcoin, but I think we are slowly getting past through that old belief because more and more young people are being educated about Bitcoin, Blockchaind and cryptocurrency, I honestly think it does not matter if these boomers do not believe in Bitcoin, it's more of the next generation that we need to pass the information on, because they are definitely the ones who will continue this legacy.
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September 04, 2021, 03:44:30 PM
 #32

Majority of those who believe that Bitcoin is a scam are those boomers and probably those who lack knowledge about Bitcoin and cryptocurrency and are probably misinformed with the whole concept of Bitcoin, but I think we are slowly getting past through that old belief because more and more young people are being educated about Bitcoin, Blockchaind and cryptocurrency, I honestly think it does not matter if these boomers do not believe in Bitcoin, it's more of the next generation that we need to pass the information on, because they are definitely the ones who will continue this legacy.
I think that attitude is also natural because they don't really know how bitcoin works in the market.
but after understanding there should be an understanding open in his mind.
try to find out how bitcoin really has brought something new to the world market.

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September 04, 2021, 04:11:22 PM
 #33

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations

With the contribution of us who still believe that it is all just information that does not really prove the destruction of the crypto market. Over time, people have begun to open their minds and accept the existence of crypto, especially Bitcoin, as a profitable alternative investment.

Maybe in the past it was because of the inaccessibility of information, but now there is a lot of information and also the public's criticism of a problem by exploring it further. So we believe that at this time the optimism towards the crypto insight is beginning to be understood.

And our job is to be a disseminator of that information anywhere, even by chatting while relating crypto issues in it. I and the people in my place are familiar with crypto. This has shown a change in the paradigm of what was once a misunderstanding.

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September 04, 2021, 04:11:56 PM
 #34

-snip-
I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations
Because your friends are reading articles that are shared on facebook or twitter. If you look at the media, most of them just try to spread FUDs. They use clickbait and miss leading titles to gain some attention. You will notice that during a bull run you will see articles that talks about stuffs like "someone losing his bitcoins" or "how a guy lost all his coins because he threw away his old hard drive". Those articles are very old, but they start appearing again just to scare people. Your friend should be reading articles from  reliable source and stop believing everything he reads online. Why don't you help and educate him?

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zanezane
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September 04, 2021, 04:30:55 PM
 #35

Thanks Captain Obvious, I mean that's the point of calling them a newbie, because bitcoin is a new thing/idea for them so it's not really that profound thing that's to be discussed too much.

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September 04, 2021, 04:41:07 PM
 #36

Bitcoin shouldn't be to blame about this. Hackers and frauds are everywhere as we are living in the technology era. There is no way to get rid of them once and for all. We have a big responsibility because of this. We must be really careful about our actions. We must beware scammers. You might ask how you are going to do it. It is not that hard actually. For example, you should never make an investment into a coin or project before reading the whitepaper and doing a detailed research.

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September 04, 2021, 04:41:16 PM
 #37

I my opinion btc is not very old, its still in its initial days. 10 years are nothing for a new technology. BTC is facing too much resistance for govt and its allied centralized bodies, they are busy in creating bad repute for BTC. With time people will get to know reality and we will see more people in BTC community. But for that we need to wait.

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September 04, 2021, 04:44:21 PM
 #38

of 100% of the population, only 20% are new to and understand bitcoin, some of them have generally started to adopt bitcoin. so it's only natural that others can still be considered as beginners and in general they are not familiar with the current digital era. for us to convey about the growth of bitcoin may be a bit difficult and outright reject what we say. they think the information is just a hoax.

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September 04, 2021, 04:50:38 PM
 #39

Quote
he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.
he is concerned with others more than himself but did he also got scammed before ?
if not then he shouldnt worry because you are there to guide him  .
we need to help them realize that bitcoin wasnt really a scam but those that got scammed can be thier fault because they maybe lacking of knowledge but yet they insist to continue  .

and in my experience, better wait for someone to approach you and ask about bitcoin or crypto, if in case they already know you are into crypto. because if you will insist it to them and try to explain things, the response is different. but for someone who is really eager to learn more, your time will be worth it as he will indeed listen to what you have to say. a lot are still hesitant because of the negativities they are reading and watching, and most of them don't want to educate themselves to further their knowledge in this new tech.
this is exactly me .
im just quite about my crypto works , im afraid of bragging it to everyone else because in my head what if they are going to say things like this or that ? later on they finally notice that im into cryptos and there are times that some of them approach me and ask tips how to get started .
people are now interested to cryptos because cryptos are now popular and more proofs are now being shared .
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September 04, 2021, 05:01:05 PM
 #40

I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies. I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations
In my opinion BTC was born with the FUD news and emerging ponzi projects developed very quickly making many people think BTC is like a ponzi and they see BTC as a scam , Up to now BTC has increased by one amazing numbers , But still can't change some minds of BTC newbies and crypto market entrants.

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