BitCoin Is Too Complicated for Average People! - page 17.

Casdinyard

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Quote from: rainbow169 on November 03, 2017, 02:46:28 PM

It is still complicated for average person, in particular if you start to talk about address, mining, confirmation time etc. I think that's the next big step for people, easy to buy, easy to own and easy to use just like fiat.

As far as an individual is eager to learn and adopt new things there will be no exceptions. Yeah when someone just scan the white paper of bitcoin it will look likes a total mess for him as he doesn't have any idea but when he study and see things differently it will be all easy. I mean even you're an average person here you can still learn all these things, it just need patience, willingness, time and effort as I always believe that everything can be achieve if you have great perspective and outlook in life.
Bitcoin will always be an interesting as it should be, how it change the present and the future of currency and this great invention should be known by everyone.

Wellkel

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Yes,To use bitcoin,you also need to download the electronic wallet and save the private key.

rausvi15

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Quote from: ubay on November 03, 2017, 02:17:39 PM

For beginners it's hard to know bitcoin, they think it's just a monopoly. But it's up to them, gradually they will realize how useful bitcoin like the internet.

same story like mine, I regret because in 2013 when I come to know about bitcoin I consider it as a monopoly for gathering money. But gradually when I make account in this forum Then i come to know that bitcoin is huge future asset for investors and holders. So i suggest newbies to never underestimate the value of bitcoin.

betMaster

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Unfortunately, yes bitcoin is a bit complicated for people that are not familiar with internet. It takes a minimum of internet skills to be a part of bitcoin communty and to have access to all the news and actualities that come up everyday. And the most important things that a person should have to understand and be part it is the desire. We all know how people like to spend their whole free time entertaining themselves or just chilling while using social media apps. They don't even want to bother themselves and wonder what bitcoin is and what can it add to their lives.

FaithETH

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Some of bitcoins attributes are surely inconvinient, and a tad bit clunky to work with, but they are a very small part of what makes cryptocurrencies work and really the hassle with dealing with them is not as bad as you present them. Another thing to remember is that the concept of bitcoin isn't hard to grasp. Only really old people might have a problem with this, and if one understands basic economics enough then it's really not deep, it's the same with normal currencies, just with a few key differences.

vibingpositively

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angaper

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It is true that bitcoin may seem complicated when one just starts in this ecosystem, but it does not take too much education to understand how one can use bitcoin in personal finances. Currently a large part of the economically active population has access to smartphones whose use is more complex than the applications used to operate with bitcoin, so I do not think it is too difficult for ordinary people to get used to incorporating bitcoin into their everyday lives.

darkangel11

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Quote from: rainbow169 on November 03, 2017, 02:46:28 PM

It is still complicated for average person, in particular if you start to talk about address, mining, confirmation time etc. I think that's the next big step for people, easy to buy, easy to own and easy to use just like fiat.

An average user doesn't need to know all this. Don't allow their first experience with cryptocurrency to be techno babble or a political talk how banks are abusing us and we and to be free. This will only scare people off.
Do you think an average woman knows how a car engine works or the difference between a gas engine and a diesel? Yet, she has no problems with driving to work every day!
Bitcoin is as easy as you make it Wink

posi

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For every great opportunity comes great risk and for every road to success there must be an obstacle. The only thing I see in people that give up so easily on bitcoin due to the little stress of buying and selling bitcoin through exchange will be left behind sooner or later.

rainbow169

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It is still complicated for average person, in particular if you start to talk about address, mining, confirmation time etc. I think that's the next big step for people, easy to buy, easy to own and easy to use just like fiat.

ubay

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For beginners it's hard to know bitcoin, they think it's just a monopoly. But it's up to them, gradually they will realize how useful bitcoin like the internet.

User365

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I think bitcoin is not 'too complicated'.

What I mean is, yes, of course, the technical background behind BTC is complicated, but do you expect the average person to know how visa handles their transactions, server structures,...?
I suppose the answer is NO, an average person can create an account on any exchange site, download a wallet to their PC, mobile,... and use it as payment, just like, f.e. paypal.

Rubble898zaitO

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Quote from: imteaz on November 02, 2017, 10:17:53 PM

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.

...

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..

...

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.

Hi, I think the reason that bitcoin selling is high is because trading sites need to profit for their operations to keep running. They buy lower and sell higher to protect their profits from the volatility of the market. Only way to buy bitcoins as close to the market price is from individual owners but they would be rare.

|Bitkoin|

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Bitcoin is not too complicated for the average person. It just depends on if that average person is lazy or not. I just made it out of high school in 12th grade and dropped out of college after two years, but that doesn't mean Bitcoin was complicated for me. I just did the research, and have been following it from almost the beginning. For newcomers it shouldn't be hard now because there is a TON of info out now, but before there wasn't much.

Fasdartin

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Quote from: DerDerrick on November 03, 2017, 10:06:03 AM

Quote from: catapult on November 03, 2017, 08:29:55 AM

I think it is not a hard thing to learn how to use and understand the bitcoin technology. So, there is no need to advanced requirements to use that technology. By a good briefing or a little search, anyone can be a bitcoin user or a trader.

Yes Bitcoin is not so hard you need only time to learn it how it works. I was also a noob when i got my first coins from claiming faucets. Now I am investing in other coins.

I have learned that you need to save the coins which you earn or buy to maximize your profit in the future.

Maybe because theres a time that bitcoin is so complicated to understand sometimes, even to those few people who using bitcoin in a long time. But i know theres nothing impossible today because we are lives now in technology, and if you want know something about bitcoin, just research or read article or ask some friends to things that you cannot understand in bitcoin.

dunfida

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Saimabutterfly

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I am an average person by adaptability of these kinds of things but its one heck of easy thing I believe. Learning about things related to bitcoin is really not that hard which an average person cant learn. A week is way too much for it to become a good decent bitcoin player.

Yamifoud

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Quote from: LordDisick on November 03, 2017, 11:38:06 AM

Im kinda agree with this,as a non techy person like me at first I had a hard time understanding bitcoin and how it works but eventually I learned buy reading and searching about it. To learn something complicated we need have patience and perseverance. Its really worth it to learn bitcoin because Im enjoying the benefits im getting from it.

Is just an interest of something that bring you in this forum. Learning from what you have read is not enough, but having it in actual scenarios there is best learning that you might get.
Having bitcoin everyday is not just we've got money in the end but it is totally full of learning's. Even though you are belong to average people or even in lower class still they can make this, if they want too and be open-minded at all.

nightxglow

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Wow... Those sure are long and so many questions.
First, yes. Bitcoin is kinda difficult for normal people, who don't really understand technology to use. Even when i told my friend about this, they said this's difficult, complicated, and waste of time.
Bitcoin is anonymous. And of course we can't contact whoever if there's problem. That's the minus from bitcoin though, but well this is internet world. What you expect.
And about the scam websites and others, i suggest you not wasting your time to find them or else. Just stay at this forum or visit the popular and trusted websites, not the suspicious one.

Habbiton

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Everybody knows how the market works, even though was some of them have the ability to get profit. Same will happen with the bitcoin: everybody will know that it exists, how it works (in general) and some will get profit.

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