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Author Topic: Bitcoin is only new to the newbie  (Read 682 times)
Coyster
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September 05, 2021, 09:36:01 AM
 #61

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
There is actually no particular thing Bitcoin investors can do about people who are indifferent about the network, I mean, investing in Bitcoin is a personal decision and if people due to one reason or the other feel they do not want to get involved in anything relating to the decentralized network, then there is nothing you or I can do about it, but moving from the general to the personal, you can try teaching people who are close to you, family, friends or close relatives, you can try to correct some of the erroneous news they must have seen or heard on the media and swallowed it hook, line and sinker, imo, that's more like the best one can do.

Having said that, many people would get involved in the network not by anyone talking to them about it, but by just noticing how good it is, just like the scenario of the influx of institutional investors right after the pandemic struck, with the years more and more people would want to control their finances, they would want to be their own bank, thus they'll have one very good option with Bitcoin and go on to join the network for good.

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September 05, 2021, 10:20:21 AM
 #62

With time. Some will attempt to educate themselves online and realize that Bitcoin is not a scam, some will FOMO in at some point in the next huge price rise, while some will pridefully think that Bitcoin is a scam no matter what happens. There are enough material online for Bitcoin education; just let Darwinism take its course.
That's the most passive approach in my opinion but wouldn't it be better if we as a community at least try and continue to educate as much people as we can reach, remember that it's better to move even though you're losing than not doing anything.

We need to educate people about bitcoin.
The more people know about bitcoin, the quicker we will have adoption.
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September 05, 2021, 11:24:37 AM
 #63

Newbies that invest in Bitcoin is possible to get panic if the price slowly decrease. They will negativity feedback Bitcoin investment and possible to post in social media. They didn't realize that before they should invest, they should know first what is Bitcoin investment and the possibilities. They think it is new investment but actually not.

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September 05, 2021, 11:44:47 AM
 #64

In my country only totally disconnected from mass media person doesn’t know about crypto currencies. Sure only some of them invest and trade, ever less mine, but people are informed about BTC as digital money that cost excessive amount of money per coin. But it's still uncertain when they will start to use crypto, because they get sallaries in fiat, all shops sell products in fiat. People don't need crypto in everyday life. So BTC is not new but is not in very big demand yet.
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September 05, 2021, 01:36:40 PM
 #65

These newbies should accept that Ponzis victimized them during the time it was prevalent; reliable information is more accessible now than before. The community is much cleaner now. Being swayed by scam programs and platforms is a phase that newbies usually experience; some learn it instantly, but unfortunately, some learn things the hard way. Doing our own research and asking someone trusted would help.

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September 05, 2021, 03:14:54 PM
 #66

Its also new to us who spent it all  Grin Grin I spent 20ish btc in the past 5 years. Sold my first @300$ and 1000$ the rest.
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September 05, 2021, 04:25:51 PM
 #67

In my country only totally disconnected from mass media person doesn’t know about crypto currencies. Sure only some of them invest and trade, ever less mine, but people are informed about BTC as digital money that cost excessive amount of money per coin. But it's still uncertain when they will start to use crypto, because they get sallaries in fiat, all shops sell products in fiat. People don't need crypto in everyday life. So BTC is not new but is not in very big demand yet.

This kind of stigma needs to be clarified, that the public can actually easily be given an understanding of Bitcoin investment, if you yourself are able to illustrate Bitcoin's integration with everyday trading life. If you realize that it's all just about implementation, that investing and trading in Bitcoin is often found in the daily lives of traders, online and offline sales stores. So, your job is to be able to illustrate it all and then relate it to the current era.

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September 05, 2021, 04:30:48 PM
 #68

These newbies should accept that Ponzis victimized them during the time it was prevalent; reliable information is more accessible now than before. The community is much cleaner now. Being swayed by scam programs and platforms is a phase that newbies usually experience; some learn it instantly, but unfortunately, some learn things the hard way. Doing our own research and asking someone trusted would help.

Yes, it is cleaner now than before. Even though there are still a few, it has failed because people are aware of it and are aware that it will turn out to be a scam. Well, I was in this phase where there were a lot of easy returns at the time, and I was also scammed when I was new to bitcoin, thinking it was bitcoin but it wasn't, so I lost hope at the time, but after a few months, I was able to recover. I believe that the majority of newbies are duped by easy money and promises of a return. However, even though you are a newbie, you are aware of it or have doubts about it.
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September 05, 2021, 04:42:03 PM
 #69

I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies.
I think not really, in fact, for developing countries, the rate of promoting industrialization and modernization is still rudimentary and slow to progress, but people's knowledge is still a luxury.  The media is mostly young people, so bitcoin awareness may be lower than in many other countries.  They take time, but we should be glad that anyone who knows bitcoin is still early at this stage.  Many people will be grateful for that
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September 05, 2021, 04:44:54 PM
 #70

People always changes. And this process might take a lot of time. However, they will, eventually. And if at the end of their life, they still do not want to involve with bitcoin, it is their choice. You have to respect that. But our world will keep moving on and bitcoin (as well as cryptocurrency) will be used for daily purposes. Change is necessary. Always seek for new development and enhance our knowledge.
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September 05, 2021, 05:19:43 PM
 #71

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
The thing to me is, I don't believe we can convince everyone to Invest in Bitcoin or cryptocurrencies in general even if those people have never been scammed in any way via internet scams or fraud. The human race is wired differently and people will approach investments differently. Some people already know about bitcoin and not having negative feelings towards it but still won't invest in it just for their own reason. I believe we should know that not everyone will invest in Bitcoin or accept it even with the continuous prove of success.   
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September 05, 2021, 08:06:14 PM
 #72

It's strange to hear that there is still someone who doesn't know or has never heard about bitcoin, from what I see even in my country in poorer areas (see I live in a poor country) people know about bitcoin and its great advantages and they know about altcoin and mining, so if people from a poor country like mine know this as other people from countries that are better off don't know about bitcoin and its advantages and are still talking about ponzi schemes of the past

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September 05, 2021, 08:26:39 PM
 #73

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
The thing to me is, I don't believe we can convince everyone to Invest in Bitcoin or cryptocurrencies in general even if those people have never been scammed in any way via internet scams or fraud. The human race is wired differently and people will approach investments differently. Some people already know about bitcoin and not having negative feelings towards it but still won't invest in it just for their own reason. I believe we should know that not everyone will invest in Bitcoin or accept it even with the continuous prove of success.   
Just let adoption to do its move and its true that we cant really force everyone on engaging to bitcoin because not all would really be having that interest and some doesn't really have sufficient literacy on learning up something new but honestly it doesnt really need some technical or crucial knowledge to deal with bitcoin.

Simple understanding is enough but in reality this might be simple as it sounds.Lucky for those who do able to engage with bitcoin and do know on how to take advantage and grasp those chances
for them to make profits.

This isnt only talking about money making but also into its actual use-case.

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September 05, 2021, 08:35:21 PM
 #74

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.
There are many who fell for scamsters who advertised themselves as Bitcoin miners or some sort of corny positions and scammed the hell out of people. Even when you google you will find many scam websites popping up, not sure whether it is the same now. People used to search for mining and they fell into the hands of scammers and ponzi doublers and once they loose the money they will not further try to learn about the market.
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September 05, 2021, 10:35:00 PM
 #75

You can never blame someone for their ignorance or being close-minded because somehow, this was caused by the environment they lived in the past. I would assume this person you talked to was at least of old age because this happens so often with old people. Might be that they got scammed in the past by someone over the internet or just plain-out fear of the unknown which is understandable, whatever that is, don't invest in people you will never get something back from. You would only be wasting your time, your energy, and possibly your money arguing with people who have already made their mind about bitcoin.
It's strange to hear that there is still someone who doesn't know or has never heard about bitcoin, from what I see even in my country in poorer areas (see I live in a poor country) people know about bitcoin and its great advantages and they know about altcoin and mining, so if people from a poor country like mine know this as other people from countries that are better off don't know about bitcoin and its advantages and are still talking about ponzi schemes of the past
Well seeing as we've literally surrounded ourselves with like-minded people that will help us pave our cryptocurrency journey it would really sound absurd to hear about people who still haven't had any information about bitcoin or cryptocurrency for that matter, but the thing is there is still a lot of people out there, millions probably, who still haven't caught wind of bitcoin and the wonders it can offer to everyone today and in the future.



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September 05, 2021, 10:58:38 PM
 #76

There are still some people who want to remain ignorant about it because they already don't bother about the news about the success stories of the people who invested in bitcoins. I think they suffice themselves for whatever they have right now and don't want to further extend their assets to the next level. These kinds of people are contented and I think we should leave them for whatever they want to do with their wealth. Maybe they will follow the trend from other sources because this time we are not the only ones who are promoting it. the mainstream media are also involved and some of the big companies around the world are sharing good thoughts about it.

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September 06, 2021, 03:25:55 AM
 #77

I think it is because many people don't understand bitcoin that they give us more opportunities. If bitcoin is popularized, the competition to create wealth will be fierce. Of course, there will be a more prosperous era then.
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September 06, 2021, 03:34:51 AM
 #78

It is a live issue. I meet a lot of people that don’t know nothing about crypto apart from bitcoin, Bitcoin paizza day and that there were a lot of people who lost their money in this market. These people judge just from bad news, but usually people  themselves are to blame for their losses. Some forget seed phrases, some give their seed phrases to unauthorized people. Personally I am trying to tell such people about how to work in this market safely, but actually, it is so difficult to convince someone.
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September 06, 2021, 06:11:39 AM
 #79

~
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, I'm also afraid that there are so many scams out there, and the scammers are in the name of bitcoin, that bitcoin is being targeted as a digital tool to blame for the scams. In fact, I think the government also thinks that way, even though if we examine it more deeply, the problem is in education.

however, to get rid of thoughts of FUDs, scammers and other bad things, people who want or will be involved in crypto investment especially bitcoin, should seek in-depth information about it. best thing is to ask the experts, or find out information like crypto investing in forums like bitcointalk. many people are experts and will give advice to such people. So, as people who already know about this, it's best if we can't provide more in-depth information, it's better to give them basic education about crypto, then find out and ask what they know here, or in other trusted forums.

Many beginners think that all places of investment are the same. at most I find things like that on telegram. quite a number of foreigners are offering profitable investments in the name of bitcoin, and if it is a layman, they are likely to be easily deceived.

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September 06, 2021, 06:27:25 AM
 #80

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


Yes, it's the same thing I experienced, usually those who are new to bitcoin, they are persuaded by a very high ROI, and high profits, without knowing the risks of the trade itself, they prefer to look at motivators who have been successful without looking at risk and learning about predictions. Many of those who are currently losing their assets due to getting into the wrong cryptocurrency, they need knowledge about cryptocurrencies, not just motivation to get rich quick.

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