Bitcoin is only new to the newbie

[kawetsriyanto]

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.

Many people think Bitcoin is a scam because they are influenced by FUDS, while they don't really know about Bitcoin well. If they are educated enough or have sufficient knowledge about Bitcoin, they probably don't state Bitcoin is a scam but they will say investing in Bitcoin is high risk. I am not so surprised to see that fact since many people aren't familiar with digital assets yet.

bitcoin isn't a new thing, it has been in this space for a decade so calling it a new in general isn't doing it justice but it's all on who's speaking.

Yep. Actually, Bitcoin isn't a new thing anymore but not all people really know it even it already exists for a decade. Sure, it depends on who speaking is. For bitcointalk members, Bitcoin is absolutely not a new thing. While for some people outside there, they may just hear about Bitcoin today. Not all people always monitor the development in the digital world, some people may not even know what the internet is. So, how they know Bitcoin, right?  

[dimox]

thats why, hard to make bitcoin as real currency. there are many people still dont know how gold or land works, sometime they just buy it for accessories than sell when they need money without knowing the real how much money they get. problem is people must share the information about that one, and remove investment thinking about crypto.

[Natalim]

thats why, hard to make bitcoin as real currency. there are many people still dont know how gold or land works, sometime they just buy it for accessories than sell when they need money without knowing the real how much money they get. problem is people must share the information about that one, and remove investment thinking about crypto.

I think there are already a lot of people who have come to know bitcoin but there are also those who are still ignorant about bitcoin and does not even know that its existing. And most likely they are those residing in areas wherein modern technology is not yet fully practice and expect that most of them are illiterate.

But also bitcoin is new to some people who have been believing that its a scam when probably its not. Of course they are newbies knowing they don't know exactly what bitcoin is and its usefulness to the people.

[chanler]

although the development of bitcoin is getting better and many people know it, there are also many people who have not dared to enter into it. it's quite difficult to convince those who have a fear about bitcoin. invest in bitcoin like any other investment where there will be benefits and risks in it. we can only try not to get big losses. we must also know that investing in bitcoin is not something to play around with because it takes effort and patience in it to be able to achieve the desired goal.

[jakasantosa]

although the development of bitcoin is getting better and many people know it, there are also many people who have not dared to enter into it. it's quite difficult to convince those who have a fear about bitcoin. invest in bitcoin like any other investment where there will be benefits and risks in it. we can only try not to get big losses. we must also know that investing in bitcoin is not something to play around with because it takes effort and patience in it to be able to achieve the desired goal.

I think it's true, and most importantly for Bitcoin investment requires large funds. especially for newbies who know about Bitcoin. most of them will turn down an offer to invest in Bitcoin. With large enough funds, the risk taken is also great even though the actual gains on bitcoin investment are greater than the losses.

[lalabotax]

Actually yes, Bitcoin and moreover cryptocurrency is new for newbies, and maybe it is also something strange and nonsense for people who don't really know about Bitcoin and crypto.
My parents also don't know about Bitcoin, even don't understand although I have told several times and explain it clearly. What they know is that I can get cash money from Bitcoin and crypto That is enough.
This is simplething.
People don't know Bitcoin and crypto because they're new or they really don't understand about crypto itself.
And if they don't know exactly but they are talking about Bitcoin opinion, it will commonly mislead and result in negative thinking about Bitcoin.

[oktana]

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.

Eventually, this is happening. Most of our today investors are people who once believed that Bitcoin is a scam. But after making their researches, they've realized they were mistaken. Just eventually, people will keep learn more about Bitcoin and they'll see that it's not any scam.

[wissy]

There will always be a lot of skeptics who refuse new technologies. People were against computers in the beginning for being too big, then they were skeptical about internet because why would you need that if you have evening news on TV. They dont believe in electric cars and will keep forcing gas usage, dont even get me started about self driving cars etc... But no matter how hard they resist, technology will always catch up. Progress cannot be stopped.

[Lordshiva]

Just a couple of years ago same kind of situation was there in my country but now i can say that almost 90% of the people know about bitcoin. Bitcoin and cryptocurrency are in a hype since the last year and now most of the people are aware of it.

[riso2015]

They just need time to accept btc because not everyone understands the technology. Or it could be that they are tech savvy but they are less interested in the existence of btc because in their mind bitcoin is a scary investment like stocks that many people lose money without returning.

[dimox]

I think there are already a lot of people who have come to know bitcoin but there are also those who are still ignorant about bitcoin and does not even know that its existing. And most likely they are those residing in areas wherein modern technology is not yet fully practice and expect that most of them are illiterate.

But also bitcoin is new to some people who have been believing that its a scam when probably its not. Of course they are newbies knowing they don't know exactly what bitcoin is and its usefulness to the people.

agree, many people know about it, but i cant find 'many' like what we talk about. im sure, if i come to my neighbour house and ask about bitcoin, they wont get it. and yeah, newbie is people who dont know exact about bitcoin, they just think about ponzi, or just number.

[carrigan]

As time goes by, people's opinions and thoughts change. Their thoughts on Bitcoin are no exception. Those who still doubt, don't believe even think of Bitcoin as a scam because their bad experience may change their mind. It's difficult, but supported by the emergence of bitcoin on Google, it makes it much more reliable and can be known by many people. In addition, some of them will also learn from the mistakes they made when they joined crypto. Bitcoin is not as bad as people think it is like scams, scams, scams, hacking and others. Try to learn more deeply so that you don't misunderstand and you will actually benefit.

[elisabetheva]

They just need time to accept btc because not everyone understands the technology. Or it could be that they are tech savvy but they are less interested in the existence of btc because in their mind bitcoin is a scary investment like stocks that many people lose money without returning.

it is not easy to give understanding to anyone about bitcoin, they will understand after usually crowded on social media something happens related to bitcoin. it will be easier to explain to beginners because there is already a cursory understanding of the info through the social media.

but it is true what you said when it comes to money that will be used as an investment, they will think hard and are usually afraid that they will no longer listen to more detailed explanations that they may not know. Things like this are normal for beginners.