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Author Topic: Bitcoin is only new to the newbie  (Read 682 times)
Issa56
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September 06, 2021, 07:22:48 PM
 #81

Yes bitcoin I still new to some people in my country in particular some people don't even know about bitcoin they don't even know what bitcoin is and some people if you tell them about bitcoin they will believe you want to scam them they will believe you are a scam. So people that are just knowing about bitcoin it will definitely be new to them.

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September 06, 2021, 08:00:24 PM
 #82

Some newbies still think that Bitcoin could be a scam project. But I don't blame it on them actually. That's because there is a information pollution about Bitcoin. Some people try to benefit from this situation and blemish Bitcoin with ridiculous claims. And this causes some people to start being afraid of investing into Bitcoin. But these people should already know that they will find the truth about Bitcoin when they do a detailed research rather than listening to people who have an ill will.

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September 06, 2021, 08:21:36 PM
 #83

Some newbies still think that Bitcoin could be a scam project. But I don't blame it on them actually. That's because there is a information pollution about Bitcoin. Some people try to benefit from this situation and blemish Bitcoin with ridiculous claims. And this causes some people to start being afraid of investing into Bitcoin. But these people should already know that they will find the truth about Bitcoin when they do a detailed research rather than listening to people who have an ill will.
Most of them do jumped in because they have seen others had able to make big money and this is where their interest do poke up and get engage without any researching and on the time that they
had lost money then thats the only time they would really make up some realizations.

We dont start on being a pro specially on dealing with new things and thats why mistakes are inevitable since we arent perfect at all on the first place.Its new but doesnt mean that
our first impression would be always true.

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September 06, 2021, 11:42:03 PM
 #84

 I was once in this shoe and so I can attest to this fact, the first time I heard about Bitcoin in 2017 from my friend, I didn't want to accept his information because I just lost money to Ponzi scheme. Not knowing it was real. I actually was afraid thinking it's another way to scam me, poor me little did I know it wasn't a scam not until Bitcoin started making waves. But it is normal for those who don't still know about Bitcoin I think this way especially when they or there friends or loved ones has ones had a terrible where they have been a victim of scam.also,  I know a whole lot of people who are not even aware of the existence of a digital asset know as crypto currency not to talk of Bitcoin just like me in 2017. But I think there is a solution. The solution can be in form of conferences to sensitize people. Maybe those who already know about Bitcoin can organize conferences in places like campuses especially where you can find Students community.
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September 07, 2021, 02:00:44 AM
 #85

Many cryptocurrency newcomers may see a lot of negative news about bitcoin in the media news. They have misunderstandings and bad impressions about it. And bitcoin is a new thing in the financial system, and many people are unwilling to actively understand and accept them, and they will be cautious about these.
Under the current digital economy trend, many companies and institutions are gradually accepting the use of bitcoin. This will make more and more people begin to understand the value of bitcoin and the benefits it brings, and the strengthening of bitcoin consensus will also allow more Of people accept it.
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September 07, 2021, 05:21:44 AM
 #86

Bitcoin is too old, because there are already many altcoins as a better alternative to bitcoin in any way, but anyone who is new to cryptocurrency is always started by getting to know bitcoin, even they call bitcoin the same as other coins.

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September 07, 2021, 08:34:15 AM
 #87

Bitcoin is too old, because there are already many altcoins as a better alternative to bitcoin in any way, but anyone who is new to cryptocurrency is always started by getting to know bitcoin, even they call bitcoin the same as other coins.

There might be a handful of altcoins who possesses a better alternative to Bitcoin in terms of tx fee and tx speed, but they're no better than Bitcoin in terms of the trust from investors. Infact, hundreds of scam alts and projects tarnished Bitcoin's name to those people who has no idea about cryptocurrency. Those people thought Bitcoin was a scam.

Some people in this current timeline knew altcoins first than Bitcoin because of the NFT games.
And there are still a lot of people who has no idea about Bitcoin, or they have heard about it but doesn't have any idea about it.

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September 07, 2021, 10:15:53 AM
 #88

It maybe that they're are not totally exposed to bitcoin related news and matters.
I would say I have been in the same state, not until I started associating with a friend that knows about it.
Bitcoin has given humans a whole lot of opportunities, hopefully they'll be enlightened soon.

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September 07, 2021, 11:11:43 AM
 #89

providing good evidence is a way to recover from their bad experiences. bitcoin was not actually created for evil, it's just that people were shocked by the events that happened to them, it became one of the less favorable moments. I suggest providing education and understanding if bitcoin in the digital era has now become a profit-generating need and not for a negative thing

Agree, there are types of people who cant open their minds when talking about bitcoin and keep on insisting that it is a scam because of their experience. Giving examples and education in order to understand what bitcoin truly is a big changer. Although they can educated themselves by researching, giving a good experience is much more reliable and valid. Furthermore, without noticing bitcoin impacts everyone and for those who don't, it will open an opportunity for them to explore what intangible asset is.

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September 07, 2021, 11:50:39 AM
 #90

That is why they are called "Newbie" because they are new mate LOL.

how can you expect them to Knew Bitcoin when they are only new to this market and currency  Grin

made me laugh reading the title but the thread speaks well, being in this crypto world people must learn faster or else they will be missing more chances of gaining and profits.

It maybe that they're are not totally exposed to bitcoin related news and matters.
I would say I have been in the same state, not until I started associating with a friend that knows about it.
Bitcoin has given humans a whole lot of opportunities, hopefully they'll be enlightened soon.
sooner or later they will be , but at least they are ready to learn from news and they are also wide open in opportunity and possibilities .









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September 08, 2021, 06:51:30 AM
 #91

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

To be honest, investing in BTC or in any cryptocurrency is really risky, and the fact that it's a decentralized currency makes it illegal in a way that there would be no government intervention just in case you got scammed. No one will be held responsible for their loss other than themselves when everything's gone wrong and we need to understand that not all people can handle this kind of investment.

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September 08, 2021, 11:27:57 AM
 #92

@Sanugarid Every story has two sides. Our trust in fiat currency makes it valuable otherwise it is not backed up by any tangible asset. Even in central exchange banks we can only exchange money for money, we can’t exchange it for goods directly. In the same way many firms have started accepting bitcoin and if you are not sure about investment, you can always trade bitcoin and convert your earnings into fiat currency. Scams can happen even while using fiat currency, you just need to be a bit more careful.
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September 08, 2021, 03:12:20 PM
 #93

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

I still don't understand why people say bitcoin is a ponzi scheme, this is a crypto market so of course there are losses and gains like buying and selling. Bitcoin was created for the new era of digital currency or long-term investment. maybe people like that just need a good education and experience to try how Bitcoin works

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September 08, 2021, 03:27:46 PM
 #94

The level of public literacy about blockchain is still very low,
this should be a challenge for the crypto community to develop and popularize crypto
This is also the basis why this forum was founded, right? Smiley
To improve literacy.
Although full of controversy, crypto trends will be difficult to contain and the use of virtual currencies will become even more massive.
And it is a law of nature that the new technology will erode the old
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September 09, 2021, 06:58:10 AM
 #95

Some people still think that Bitcoin is a scam, a "tulip." They do not have their own opinions. They only pay attention to the negative news about Bitcoin. When there is negative news, they will be happy.
But there are also more and more people who understand Bitcoin. Learn the knowledge of cryptocurrency. Like to pay with Bitcoin.
Nothing is perfect. They don't want to accept new things.
Those who cannot keep up with the times will eventually be abandoned by the times.
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September 09, 2021, 07:04:59 AM
 #96

Some people still think that Bitcoin is a scam, a "tulip." They do not have their own opinions. They only pay attention to the negative news about Bitcoin. When there is negative news, they will be happy.
But there are also more and more people who understand Bitcoin. Learn the knowledge of cryptocurrency. Like to pay with Bitcoin.
Nothing is perfect. They don't want to accept new things.
Those who cannot keep up with the times will eventually be abandoned by the times.

I agree. Some people just focusing on the negative sides of Bitcoin like reading the negative news about Bitcoin investment scam, sudden dump is not safe, unregulated investment is dangerous and many more. But there are also some who find Bitcoin investment as a new gold in digital aspect although intangible yet has a lot of potential to become more valuable as the years goes by. Negative people will be left behind.

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chichigirl
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September 09, 2021, 02:28:02 PM
 #97

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

Sometimes it is very hard to explain what bitcoin is specially to the old people. It is very hard for them to think that they can send and receive bitcoin by the use of internet. They are not aware what bitcoin is. I guess they really need to research and check the latest news now a days.

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Kasabus
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September 09, 2021, 02:30:09 PM
 #98

Some people still think that Bitcoin is a scam, a "tulip." They do not have their own opinions. They only pay attention to the negative news about Bitcoin. When there is negative news, they will be happy.
But there are also more and more people who understand Bitcoin. Learn the knowledge of cryptocurrency. Like to pay with Bitcoin.
Nothing is perfect. They don't want to accept new things.
Those who cannot keep up with the times will eventually be abandoned by the times.

I agree. Some people just focusing on the negative sides of Bitcoin like reading the negative news about Bitcoin investment scam, sudden dump is not safe, unregulated investment is dangerous and many more. But there are also some who find Bitcoin investment as a new gold in digital aspect although intangible yet has a lot of potential to become more valuable as the years goes by. Negative people will be left behind.
We cannot blame those people who show negativity towards bitcoin because even the government too is also contradicting bitcoin. So it's just between two groups, those who are positive or negative about bitcoin. But as more positive news come out that talk about bitcoin, maybe some will definitely change their minds. Except for those newbies who don't know crypto or bitcoin at all.

People refuse to know about bitcoin, it's either they are not inclined to it or their minds believed that bitcoin is a big scam. Hence, they become newbies in this case. But people change in just a matter of time. When all people will get educated about bitcoin and its blockchain technology, probably that will influence them to change their negative thinking about bitcoin.

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koang
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September 09, 2021, 09:28:59 PM
 #99


Sometimes it is very hard to explain what bitcoin is specially to the old people. It is very hard for them to think that they can send and receive bitcoin by the use of internet. They are not aware what bitcoin is. I guess they really need to research and check the latest news now a days.

The older generation tends to be afraid of the rapid advancement of technology and this is a common thing
The younger generation has the advantage of being able to absorb information faster through the technology they master better than the older generation

Blockchain is the future and the future belongs to the younger generation Smiley
Wakate
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September 09, 2021, 09:45:08 PM
 #100

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.
People will keep on criticizing Bitcoin based on there past experience with cryptocurrency investment which must have scam them of there funds believing that Bitcoin and it entire cryptocurrency is a scam projects which is capable of making lose if they invest in cryptocurrency. I once had a friend who had lost so much in Bitcoin due to Bitcoin investment he joined that ended up being a scam losing everything he had worked for.

All we need is to try as much to convince people who might have had similar issues with Bitcoin with proof of what one had gained by just investing or trading. This is a psychological matter that would require much simplicity and patient for one to completely convince people that have been scammed with Bitcoin.

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