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Topic: BitCoin Is Too Complicated for Average People! - page 7. (Read 4447 times)

legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
I do not think it's so complicated, but it may be true, it's a bit confusing. but, if you intend to learn the system that is on bitcoin, I think it will be easy. those who force to benefit from bitcoin, of course will see that this is so complicated...
newbie
Activity: 42
Merit: 0
For a better understanding of investing in the crypto currency, you better need to learn enough information. Now a huge number of forum sites in the literature projects to study the investment.
full member
Activity: 266
Merit: 100
Thankfully the younger generations are growing up very tech savy which will help overall adoption of crypto currency, but It can definitely be intimidating and complicating when trying to get started. Hopefully more and more tech is created which makes it easy-to-use. There are a lot of nice mobile apps that could help bridge the learning gap and get more people into it.
full member
Activity: 490
Merit: 101
I beg to disagree that bitcoin is complicated for the average person. If say those below average, it might be understandable but not to the average. A better way that the average person would understand the concept of the Bitcoin/Cryptocurrency is taking a cue from the normal fiat/stock trading patterns already existing. With this, bitcoin can be understood clearly.
jr. member
Activity: 207
Merit: 2
all our complicated opponents with intention and curiosity tau great to pursue success in this bitcoin.
all have positive results as long as we act and think positively also in everything.
nothing complicated if we want to try it.
newbie
Activity: 12
Merit: 0
I myself did not believe in earnings on the Internet for a long time. In the end, after starting investing, I never finish my work.
newbie
Activity: 28
Merit: 0
Bitcoin is complicated .You must do research and asked for gelp from other people ,you must used the internet to the best to your ability.People must  keep them updated with the changes in the financial activities   of bitcoin. daily.
newbie
Activity: 76
Merit: 0
I think it is not. Especially for those "average people" who will see an advantages of Bitcoin. They will overcome any difficulties to earn money doing nothing. I mean without working for 12 hours per day...
hero member
Activity: 994
Merit: 544
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.
I don't think bitcoin is complicated. Most people who invest in bitcoin don't want to know the technology of bitcoin, they only care about the price of bitcoin, so there are a lot of ordinary people around the world who are involved in bitcoin.

I totally agree with you.  When I was new to bitcoin, I need not to understand about how it works.  All I care was to have an income and if its true that it gives income.  Later when I am totally exposed to bitcoin that was the time I understand almost everything about it.
jr. member
Activity: 126
Merit: 5
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.
I don't think bitcoin is complicated. Most people who invest in bitcoin don't want to know the technology of bitcoin, they only care about the price of bitcoin, so there are a lot of ordinary people around the world who are involved in bitcoin.
full member
Activity: 501
Merit: 147
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.

This was very true! It is hard for average people to learn this new trend especially when they are much intact with technology. I am not degrading them but I am just thinking logically. How can you be engage with this kind of exercise if you don't know how to participate? However, it was a good thing that an increasing number of individuals are being much aware and totally engage themselves with technology. This makes their participation in crypto world more possible.
member
Activity: 140
Merit: 11
Not at all, I feel it is so simple the bitcoin, it's almost like visa lol.

Just treat it as regular money.
I disagree, because bitcoin is different from the common currency we use.
bitcoin is very tied to the internet, bitcoin will not be useful in areas that do not have internet access.
hero member
Activity: 641
Merit: 505
I think so. a lot of people still don't know what's is Bitcoin and how it works, Not only that but also they are not familiar with cryptocurrency. I don't think that Bitcoin is too complicated to make understand for average people. if anyone wants to learn about this platform then it's not complicated for learning. I think belief is the vital reason for this issue, you have to believe first then you have to make clear yourself easily.
I believe that anything can be learned and understand through perseverance and determinance in studying it. People doesn't have to know how bitcoin really  works,  they just have to understand what it is and how are they  going to earn through it.  People sometimes hare stories about how they earn to other people and some if those people mistakenly thinks that it is easy. The attitude and behaviour of a person greatly affects how they will make decisions in earning money through bitcoin especially when it comes to trading. I doubt if the status of a person whether average or not will be a big  factor because I know some of different states but both manage to stay in the game.  Bitcoin will nor be complicated if people will not make it.
sr. member
Activity: 1022
Merit: 256
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.

It is not at all complicated to invest in Bitcoins. There are so many blogs with detailed tutorials related to making accounts on different exchanges and doing transactions.

Yeah remember there is always google and youtube and people can ask this two platforms and can get a lot of information about what they are searching on it. But not all people can use this kind of technology because not everyone can afford to buy a smart phone or a computer and pay internet bills. We are lucky enough that we can use this kinds of privileges in our lives.  Smiley

But even bitcoin and blockchain is a little bit complicated everyone can easily learn this technologies as long that they have access to the internet. Grin

Thanks for your input, yes now a days there are tons of video on yotube, and also lots of trading videos explain how to buy different coin, i believe it's getting easy day by day.
And more people will able to buy bitcoin.

Actually, the complication highly depends on the effort one is exerting. Or it all depends on your interest. If a person is really interested to get to know Bitcoin and eventually get involved in it, he will definitely learn it. There is no point saying that one is interested about Bitcoin but since Bitcoin seems complicated, he will end up not learning it at all. That is silly. If there is a will, there is a way. That's an old adage that is applicable in this case. Everyone is available in the online world after all.
jr. member
Activity: 101
Merit: 5
Golden Currency https://goldencurrency.money
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.

Agree that there must be a way to simplify the way you can buy and sell Bitcoin. We are moving in this field already in our Golden Currency project - we will make it that way that a person will just open account in our Golden Bank and will make it possible to exchange fiat to Bitcoin in one click in his online-bank or mobile app...It is understandable and easy for every person, even not familiar with details on Bitcoin and it will possibly result in increase of its users...
hero member
Activity: 812
Merit: 501
Bitcoin it is not complicated as long as you have knowledge about its basis. All we have to do is to study and to keep up with the new bitcoin info
newbie
Activity: 140
Merit: 0
I agree that bitcoin is complicated, and now bitcoin is being invested by more and more people.

People should learn something new and accept it.
newbie
Activity: 170
Merit: 0
Actually, I had a bit of hard time with bitcoin, from wallet, way of trading. However, try adding a time period. Everything is wonderful.
sr. member
Activity: 728
Merit: 263
I think so. a lot of people still don't know what's is Bitcoin and how it works, Not only that but also they are not familiar with cryptocurrency. I don't think that Bitcoin is too complicated to make understand for average people. if anyone wants to learn about this platform then it's not complicated for learning. I think belief is the vital reason for this issue, you have to believe first then you have to make clear yourself easily.
full member
Activity: 448
Merit: 100
Lets Go Adab
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.


Bitcoin will be only complicated if you do not have internet running in your house, there are a lot of ways on how you can learn all the information like google and youtube. There is no doubt that bitcoins is really profitable now a days so work hard each day and strive to earn more bitcoins.
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