Bitcoin is only new to the newbie - page 2.

RiskySanchez

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Quote from: Zilon on September 04, 2021, 02:39:10 AM

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

willhuber

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@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.

Sanugarid

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Quote from: Zilon on September 04, 2021, 02:39:10 AM

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.

Reatim

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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.

Quote from: Ebede on September 07, 2021, 06:15:53 AM

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 .

Assface16678

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Quote from: Om.monata on September 04, 2021, 03:31:20 AM

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.

Ebede

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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.

Oasisman

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Quote from: indo1 on September 07, 2021, 01:21:44 AM

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.

indo1

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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.

Irenerty

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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.

Jstandhope

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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.

dunfida

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Quote from: ILuckyGuyI on September 06, 2021, 04:00:24 PM

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.

ILuckyGuyI

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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.

Issa56

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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.

indo1

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Quote from: Zilon on September 04, 2021, 02:39:10 AM

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.

Dr.Osh

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Quote from: Zilon on September 04, 2021, 02:39:10 AM

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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.

Bitcoin Seller

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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.

Wendy Simth

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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.

yazher

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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.

pinggoki

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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.

Quote from: Slow death on September 05, 2021, 04:06:14 PM

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.

ene1980

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Quote from: Zilon on September 04, 2021, 02:39:10 AM

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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