All aboard! Who have you convinced to step on the BTC Train?

[BusyBeaverHP]

As a true believer of bitcoin, I think we are witnessing the birth of a new monetary system. As a conscientious individual, it's my moral duty to let those around me know about one of the best investment opportunity of the century.

5 BTC - A longtime friend
Video game buddy. PC enthusiast. Works in IT. He was messing around with mining Doge, and I convinced him to put a portion of his savings into BTC. This was back in April, a few days after the $350 bottom. His average buy-in was $530, smack dab in the bull-trap. It was only now that he turned a profit.

5 BTC - My aunt
Investor. She was curious about bitcoin back in 2013. All that was needed was a nudge from me in the direction of Coinbase. Buy-in was $460 each. She now thinks I'm a life-changing prophet.

2x 2 BTC - Two of my cousins
College students. Both sons of my investor aunt. They scraped their savings account for this. $500 average buy-in. "Holy crap" just about sums up their reaction as well as mine to the last couple of days.

In my various exchanges with individuals, I've heard the same kinds of excuses over, and over, and over...

"It's too volatile."
"How is it a currency if you can't buy a pack of gum with it?"
"When something increases exponentially like that, it's a bubble."
"It's backed by nothing."

Of the scores of individual in my life that I've tried to convince, only four have actually followed through with it... which puts my estimated conversion success at less than 5%. I consider this a strong sign that we are still the early adopters.

I personally want to own 21 BTC. My average buy-in is $490 and I'm currently a little over halfway there and buying $20 worth every day... though I may never reach that goal as the rocket is taking off now...

Who have you successfully convinced to invest in bitcoins?

[Phinnaeus Gage]

I was about to get a restaurant here in Sandwich until one of the patrons opted to try it out first via putting $10K of his newly inherit money in Bitcoin via Bitcoinica thanks to my blessing. Since then, those in town that know me think I'm the dude behind Bitcoin. Seriously! I built Bitcoin with my HTML and CSS skill sets, alone with some Google-fu, the same way that CoinMKT was built by Travis Skweres.

I turned a couple guys onto InstaWallet as I championed them up to the "hack", not sure what they lost, if any. I'm ONLY out 1,132 BTC thanks to davout ceasing all lines of communications with me now that he has my BTC in one of his fat bitcoin wallets. At least those who have moneys in his Bitcoin-Central are safe since it's backed by a bank, namely Lemon Way, whose claim-to-fame is having ONE app under their belt. Look it up, if you happened to read past the OP of this thread.

Now, if you'll excuse me, I have a hard-on I need to attend to.

[Elwar]

I told my family about it back when it was $17/BTC. They thought it was interesting and my brother sent me a link to an article about how the government could make Bitcoin illegal. I did my due diligence.

When in Afghanistan I told a few co-workers who had a lot of money to throw into some investments. One bought one from me for $99, the others I showed how to set up CoinBase as it rose over $200 (one co-worker bought at $200, saw it drop to $175 then climb back to $205 and hastily pulled out...before it rose to $1240).

I don't usually tell people to buy, I have more buying to do. But if they're interested about Bitcoin as a currency I explain it to them.

[Cryptopher]

So far I haven't really convinced anybody to turn to Bitcoin. A lot of my friends see it as a volatile investment, see it only for its $$$ worth. That's probably because of how I update them, which in turn causes them to ask about "how it is doing" with respect to its market value.

I try to educate my friends on Bitcoin but I think until they see it in action they can't really grasp the core benefits.

I don't usually tell people to buy, I have more buying to do. But if they're interested about Bitcoin as a currency I explain it to them.

Yeah it's not always a good idea to tell people to buy, as it could turn sour and backfire, though it could prosper and get earn you thanks. I suppose that educating friends on the practices on buying and the risks in trading (if they are interested) would be somewhat sufficient to allow them to make a decision on whether to buy in.

[Pobre]

I told about btc to 12 of my friends when btc was around 1100dollars, none of them bought it at that time, but they all invested in it when it came down to 450dollars

[Cryptopher]

I told about btc to 12 of my friends when btc was around 1100dollars, none of them bought it at that time, but they all invested in it when it came down to 450dollars

Haha good job that they didn't buy in eh?! Is that $450 on the way down, or $450 recently on the way back up? Shrewd move in either case.

[RUEHL]

None so far, I guess I should never become a salesman.

Those I speak to think I'm an anarchist, libertarian, or high stakes internet gambler.

[311]

I've convinced quite a few of my friends. None of my family yet though.

[Cryptopher]

I've convinced quite a few of my friends. None of my family yet though.

My mother once said that I should have put some of her money into Bitcoin for investment purposes. I'm super cautious so I probably wouldn't have made her much money, but I doubt that I would have lost any of the investment.

Don't think that I could ever trade on the behalf of others, unless it was purely on an instructional basis.

[311]

I've convinced quite a few of my friends. None of my family yet though.

My mother once said that I should have put some of her money into Bitcoin for investment purposes. I'm super cautious so I probably wouldn't have made her much money, but I doubt that I would have lost any of the investment.

Don't think that I could ever trade on the behalf of others, unless it was purely on an instructional basis.

I cannnot imagine my mother investing in bitcoin. Not sure I'd want her too just in case she loses money, but I can gloat whenI make some then lol.

[Cryptopher]

I've convinced quite a few of my friends. None of my family yet though.

My mother once said that I should have put some of her money into Bitcoin for investment purposes. I'm super cautious so I probably wouldn't have made her much money, but I doubt that I would have lost any of the investment.

Don't think that I could ever trade on the behalf of others, unless it was purely on an instructional basis.

I cannnot imagine my mother investing in bitcoin. Not sure I'd want her too just in case she loses money, but I can gloat whenI make some then lol.

Yeah, it would cause unnecessary stress if the market took a turn for the worse. I can barely deal with the stress of my own investment affairs, let alone that of a family member.

[S4VV4S]

You should never try and convince ANYONE of doing ANYTHING that has to do with money.
If shit hit's the fan it would be your fault.

Instead, you should educate them and allow them to make their own decision.
Do not forget to mention about the dangers also.

That is my opinion.

 

[Krang]

You should never try and convince ANYONE of doing ANYTHING that has to do with money.
If shit hit's the fan it would be your fault.

Instead, you should educate them and allow them to make their own decision.
Do not forget to mention about the dangers also.

That is my opinion.

 

There doesn't have to be a difference between the two.

[LiteCoinGuy]

i guess one or two friends. they didnt buy much but they love the idea.

but dont be stupid: its still high risk investement. i would never say to anyone: buy bitcoins! of course it could go to xxxx(xxxx) USD, but also 1 USD. only invest what you can afford to lose is a perfect advice.

[Kickstart4]

I convinced one guy that I knew, he was a programmer so he got really interested when It was about $20 or so, I don't really know how many BTC he bought but what I at least saw that he bought over 100 but maybe more, so I think he is lucky

[Silly Money]

Convinced quite a few people to get involved.

[gentlemand]

I've told most people who were close to me. I didn't convince them to buy anything. I bought for them and told them to pay me back the initial cost when they sell. I'm nice like that.

[Silly Money]

No-one I know in real life owns any afaik

Well that's where you try convince them.

[Beyonce]

No-one I know in real life owns any afaik

Well that's where you try convince them.

There's nothing to gain and everything to lose. I explained it to two people who seemed intelligent enough and they weren't negative about it. They just don't want to hold property which is volatile in value. People where I'm from are educated to believe that holding anything that's not fiat is gambling (even stocks or index funds).

It's a risk but if you believe in bitcoin you should promote it. Just explain the risks.

[Silly Money]

No-one I know in real life owns any afaik

Well that's where you try convince them.

There's nothing to gain and everything to lose.

Wealth and Smugness can be gained, though I suppose the opposite is also true lol.