Topic: BitCoin Is Too Complicated for Average People! (Read 4447 times)
yes you are right for people who do not master the computer and not familiar with computer devices and do not understand digital currency transactions of course many new people who are difficult to buy bitcoin, there must be education that provides the correct way and tutorial step to buy and transaction bitcoin.
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.
The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!
Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?
Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.
The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!
Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?
Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
That’s why for me my advice to the people who are interested in i vesting and would like to have a hand in how they would want to profit from bitcoin is to know first and foremost the market they are putting themselves into. They have to know front and back or at least have an awareness to it so that they can make informed decisions not choices that are influenced by others or by the emotions outpouring from the to be able to do things out of panic
Bitcoin Too Complicated for Ordinary People!
as a beginner can be said to be a complicated bitcoin, but for a long time bitcoin was easy.
the most important as long as we want to learn and try the bitcoin itself will not be complicated.
as a beginner can be said to be a complicated bitcoin, but for a long time bitcoin was easy.
the most important as long as we want to learn and try the bitcoin itself will not be complicated.
after reading this thread, I think I agree with what you say at the end of your statement. should all be made easier, but also must still pay attention to security. I as a beginner this dalahal still consider these processes too complicated.
Bitcoin is not complicated at all, you just need to understand the essence of the bitcoin itself and everything will become clear right away, at the moment there is a huge amount of knickknacks and training video lessons, so even if a person has never used bitcoin, he can easily study everything
On real side bitcoins is not that hard for average people,in fact most of bitcoin users are average persons who doesnt have a high degree in education 
. All you need in bitcoins is being able to read and understand and being openminded on opinion from the big names thats into bitcoin.You dont really need to be higher than average people to be in bitcoin.
. All you need in bitcoins is being able to read and understand and being openminded on opinion from the big names thats into bitcoin.You dont really need to be higher than average people to be in bitcoin. 
Bitcoin is complicated for those people who don't have much knowledge about internet and digital currencies even well qualified people also don't have much awareness about it. Nowadays it is getting popularity because every media is talking about it and people now start talking about it and try to enter in this market also as an investor.
I originally thought Bitcoin was very complicated and I was not able to master all the science that is in Bitcoin. But I am always optimistic and confident in myself that I can get through all my tough times when I first got to know Bitcoin. And as time went by, Bitcoin was not as complicated as I imagined it to be. If we keep reading it would be bored but if while practicing it immediately I think it will go deeper into the brain and easier to understand. And now I really like Bitcoin.
i dont think so. What is complicated about bitcoin ? it is just a decentralized blockchain that we used for investing.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.
Not a good advice, you should have information about the thing you are investing your money on.
Here is how bitcoins work :
Bitcoin is the first digital currency (also called Cryptocurrency) and it came into existence in 2009. It works on block chain mechanism and all the transactions are verified and recorded after certain mathematical calculations. This is known as Bitcoin mining. The total number of Bitcoins that can be mined is 21 million and as time passes, mining will become more difficult. It is estimated that the last Bitcoin will be mined by 2050 and thus is lot of scope for investment.
I should agree with this that average people will found bitcoin too complicated. Bitcoin is a huge world this is not just all about a typical buying and selling which only requires a capital or money to start in. Bitcoin also requires a critical thinking, good analytical skill and technical skills in internet. Bitcoin was made in this modern world that make this also in trend with the technology that somehow contributes to make bitcoin complicated for average people. We and they should admit that average people are not that much unto the technology of this modern world because this requires a study in the internet or web that some average people are not willing to do.
Bitcoin today already has a huge role in the real world as it helps improve the financial situation of many people and in many places you can pay for purchases with it. He has just started to develop and he needs even more time for everyone to feel his importance.
This isn't entirely 100% true of a statement in my opinion.
While many will argue that BTC's decimal system may be too complicated, I know a few people personally who I would not expect to be able to grasp the concept, but they have.
I also know some fairly advanced people who don't get BTC, so it works both ways!
While many will argue that BTC's decimal system may be too complicated, I know a few people personally who I would not expect to be able to grasp the concept, but they have.
I also know some fairly advanced people who don't get BTC, so it works both ways!
i dont think so. What is complicated about bitcoin ? it is just a decentralized blockchain that we used for investing.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.
dont bother to find out how is bitcoin works. as long as we can get profit from it, just use it.
Bitcoin is not complicated for average people; actually it is easy especially when you study or research a facts about it. Thus, if you will strive for success, you really need to work hard.
In bitcoin the real experience that ever experienced is more important than just theory. because the reality that is in crypto sometimes more often different from that many people he said. learning from one's own experience and the experience of others is helpful.
At first yes, but if people will try to learn and dig more about bitcoin they can trade as good also as professionals can do, since only knowledge, plan.and money is needed on investment the when people is fully experienced then there's no problem at all.
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.
The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!
Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?
Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
Do not forget that the market is very young, and people are always skeptical about the new. Remember only electric cars, phones, the Internet and other similar things. Everything was very difficult and expensive and inaccessible to ordinary people. Now there is the same situation that we are seeing. But the market does not stand still and it grows and develops, which is also confirmed by simple observations. I am sure that in a few years the literacy of people in the crypto industry will grow and all actions with cryptocurrency will become commonplace. This is just a matter of time, but for now we have to put up with this state of Affairs and observe, and can help in the development of such an interesting niche.How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.
The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!
Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?
Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
I would have to agree although its gotten easier since the start of bitcoin with more people using it more documentation has come out but its still not very easy to access and until then we aren't going to see it in the mainstream.
In my opinion, It may be complicated for ordinary people .. But if we want to learn on something we will do and have the intention to learn it, there will be no word of surrender for all that. Whether ordinary people or people who have a higher knowledge, as long as it can benefit him will definitely be in his best try. The point is that the person should like first what he will do.
Bitcoin is not too complicated for average people. I bet people were saying the same for internet in the past.
Buying Bitcoin and using it with an App and QR code is really simple. You just have to be more careful to keep it secure.
Buying Bitcoin and using it with an App and QR code is really simple. You just have to be more careful to keep it secure.
With all the information available in the net and even videos on YouTube and the media channels, there are piles of information with
bitcoins. Bitcoins is a household name now, people know about it. I think a lot of average people have already came across bitcoins
in numerous ways and occasion, it's so popular that it's name is synonymous with Cryptocurrency. It's price however is something
that's so hard to overlook, these days, when people encounter Bitcoins, the word investment would instantly jump into mind.
Understanding bitcoins just takes time, researching, reading, asking around shortens the learning curve. If people average or not
are really interested, they will always find a way to get where they want with Bitcoins. Just like what all of us here did.
bitcoins. Bitcoins is a household name now, people know about it. I think a lot of average people have already came across bitcoins
in numerous ways and occasion, it's so popular that it's name is synonymous with Cryptocurrency. It's price however is something
that's so hard to overlook, these days, when people encounter Bitcoins, the word investment would instantly jump into mind.
Understanding bitcoins just takes time, researching, reading, asking around shortens the learning curve. If people average or not
are really interested, they will always find a way to get where they want with Bitcoins. Just like what all of us here did.
For me personally, it is not as complicated as others thunk it is. You don't need to be that tech savvy to understand and use Bitcoin. At first of course you need to know the basics, how to use it, where to go, what to use, etc. We all have our first day on the job or first time doing something we haven't done before, it is always scary and hard at first but once you get to know it they next time you use it would be a walk in the park. I just don't complicate things for Bitcoin, I just treat it like my fiat money the only difference is it is online.
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