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Topic: How many friends did you recommend bitcoin to? Did they accept it? - page 36. (Read 41564 times)

hero member
Activity: 1582
Merit: 502
I don't think recommending Bitcoin to anyone is a good idea if they don't know about it.
I think one should educate someone about Bitcoin first and then if that person asks for it, then you can make recommendations.
hero member
Activity: 952
Merit: 513
I didn't recommend it to any of my friends.
Bitcoins "reputation" proceeds it, and the only two occasions I happened to bring up the subject everybody was staring at me weird.

So I am just letting things take their course.
When they are ready, they will probably ask me.
full member
Activity: 133
Merit: 100
I have shared the knowledge of bitcoin to 278 people. Only 47 accept my teaching, but I do not upset.  Of the 47, like jewels shine 7 truly bitcoin gurus and masters among nations.

To eagle top the highest moon mountain, I run up with pain. Bitcoin is truth comparable the wisdom of the old man's laughter. I carry this laughter as flame with the laser of freedom explode the darkness.


Hi runpaint, thanks for sharing Bitcoint to so many people and turning 7 of your friends into bitcoin gurus and masters. We will award you 0.05BTC! Congratulations! Please send me your BitYes UID. BTW, welcome to trade on BitYes and invite friends to BitYes. You will have a big chance to win our Invitation Grand Prize 0.3BTCGrin
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
Over 10 friends, but only 5 accept, i dont know exactly if they still in btc world or not, they(5 friends) interested with cryptocurrency and blockchain technology. The others is just impressed to the price and won't to explore.


~iki
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
most of my friends say 'why not use paypal or credit card?' to buy stuff online ...

Yeah, that's what mine say too except they add, "if I get ripped off the credit card company pays me back".

exactly, no consumer protection is a huge problem for most

That's for sure and I don't have a good argument to fight back with. One of my friends is an MBA working as a VP of asset management for a large real estate investment firm. He argues that consumer protection is the defining feature for credit/debit cards and companies like PayPal that gives the consumer the confidence to make purchases. With the existing payment methods the little guy is protected against bad companies that steal for short term gain. Bitcoin protects the companies that steal and punishes the little guy with an irreversible transaction. He claims that Bitcoin will need a corporate system layered on top of it that's willing to be responsible for fraud. Of course, that will make Bitcoin just as pricy to use as the existing payment systems because someone has to pay for that fraud protection and decentralization is out the window.

Its too bad becasue it has created the perfect niche for internet thieves and scammers.  Even on this site there are plenty of examples of stolen credit card money laundering going on (ie selling STARBUCKS gift cards for only 30% of value).  This illegal use seems to be a major use of btc, without it, who knows what kind of support it would have...

I think bitcoin got its first interest through criminality and it wouldn't be where it is today without it, but I'm sure it will break free of this. I'm sure scammers and fraudsters were quick to abuse debit/creditcards and later Paypal when they first became available and it';s still very easy to commit fraud using them both today.

Of course, it's very easy to defraud someone using credit cards and PayPal. The difference is when that happens they give you your money back.

Works both ways though. Fraudsters take advantage of that fact to steal the money back from legitimate people as well and Paypal usually won't give you your money back after a chargeback scam that just goes to the scammers.

PayPal is a scam anyway. You should use Amazon Payments. Doesn't work that way with credit cards though. You file a false fraud complaint against a credit/debit card and you can go to prison.
sr. member
Activity: 338
Merit: 250
most of my friends say 'why not use paypal or credit card?' to buy stuff online ...

Yeah, that's what mine say too except they add, "if I get ripped off the credit card company pays me back".

exactly, no consumer protection is a huge problem for most

That's for sure and I don't have a good argument to fight back with. One of my friends is an MBA working as a VP of asset management for a large real estate investment firm. He argues that consumer protection is the defining feature for credit/debit cards and companies like PayPal that gives the consumer the confidence to make purchases. With the existing payment methods the little guy is protected against bad companies that steal for short term gain. Bitcoin protects the companies that steal and punishes the little guy with an irreversible transaction. He claims that Bitcoin will need a corporate system layered on top of it that's willing to be responsible for fraud. Of course, that will make Bitcoin just as pricy to use as the existing payment systems because someone has to pay for that fraud protection and decentralization is out the window.

Its too bad becasue it has created the perfect niche for internet thieves and scammers.  Even on this site there are plenty of examples of stolen credit card money laundering going on (ie selling STARBUCKS gift cards for only 30% of value).  This illegal use seems to be a major use of btc, without it, who knows what kind of support it would have...

I think bitcoin got its first interest through criminality and it wouldn't be where it is today without it, but I'm sure it will break free of this. I'm sure scammers and fraudsters were quick to abuse debit/creditcards and later Paypal when they first became available and it';s still very easy to commit fraud using them both today.

Of course, it's very easy to defraud someone using credit cards and PayPal. The difference is when that happens they give you your money back.

Works both ways though. Fraudsters take advantage of that fact to steal the money back from legitimate people as well and Paypal usually won't give you your money back after a chargeback scam that just goes to the scammers.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
most of my friends say 'why not use paypal or credit card?' to buy stuff online ...

Yeah, that's what mine say too except they add, "if I get ripped off the credit card company pays me back".

exactly, no consumer protection is a huge problem for most

That's for sure and I don't have a good argument to fight back with. One of my friends is an MBA working as a VP of asset management for a large real estate investment firm. He argues that consumer protection is the defining feature for credit/debit cards and companies like PayPal that gives the consumer the confidence to make purchases. With the existing payment methods the little guy is protected against bad companies that steal for short term gain. Bitcoin protects the companies that steal and punishes the little guy with an irreversible transaction. He claims that Bitcoin will need a corporate system layered on top of it that's willing to be responsible for fraud. Of course, that will make Bitcoin just as pricy to use as the existing payment systems because someone has to pay for that fraud protection and decentralization is out the window.

Its too bad becasue it has created the perfect niche for internet thieves and scammers.  Even on this site there are plenty of examples of stolen credit card money laundering going on (ie selling STARBUCKS gift cards for only 30% of value).  This illegal use seems to be a major use of btc, without it, who knows what kind of support it would have...

I think bitcoin got its first interest through criminality and it wouldn't be where it is today without it, but I'm sure it will break free of this. I'm sure scammers and fraudsters were quick to abuse debit/creditcards and later Paypal when they first became available and it';s still very easy to commit fraud using them both today.

Of course, it's very easy to defraud someone using credit cards and PayPal. The difference is when that happens they give you your money back.
sr. member
Activity: 338
Merit: 250
most of my friends say 'why not use paypal or credit card?' to buy stuff online ...

Yeah, that's what mine say too except they add, "if I get ripped off the credit card company pays me back".

exactly, no consumer protection is a huge problem for most

That's for sure and I don't have a good argument to fight back with. One of my friends is an MBA working as a VP of asset management for a large real estate investment firm. He argues that consumer protection is the defining feature for credit/debit cards and companies like PayPal that gives the consumer the confidence to make purchases. With the existing payment methods the little guy is protected against bad companies that steal for short term gain. Bitcoin protects the companies that steal and punishes the little guy with an irreversible transaction. He claims that Bitcoin will need a corporate system layered on top of it that's willing to be responsible for fraud. Of course, that will make Bitcoin just as pricy to use as the existing payment systems because someone has to pay for that fraud protection and decentralization is out the window.

Its too bad becasue it has created the perfect niche for internet thieves and scammers.  Even on this site there are plenty of examples of stolen credit card money laundering going on (ie selling STARBUCKS gift cards for only 30% of value).  This illegal use seems to be a major use of btc, without it, who knows what kind of support it would have...

I think bitcoin got its first interest through criminality and it wouldn't be where it is today without it, but I'm sure it will break free of this. I'm sure scammers and fraudsters were quick to abuse debit/creditcards and later Paypal when they first became available and it';s still very easy to commit fraud using them both today.
member
Activity: 105
Merit: 10
I introduced it to maybe ten people. Two invested. One made a big loss so far and the other a slight profit. Both are now true believers. I only introduce it to people that I think would actually be interested. It's kind of hard to guess which ones are hooked by the idea or not. Most people in technology are still dismissing it but a minority just get fascinated, start reading and so on.
legendary
Activity: 1554
Merit: 1014
I just recommend to my friends who simply unemployed and of course they accepted it and till now they hooked.
not too much only a few people
member
Activity: 105
Merit: 10
I don't necessarily recommend it to friends as I don't think any of them would currently personally benefit from having or using it nor would I trust them with a wallet, but I certainly tell everyone I meet about it and the benefits it could possibly have and what makes it unique. Most are interested but sceptical and I can't see the reaction I get changing anytime soon, but maybe there will be a day when they wish they had've got involved when I told them about it.
hero member
Activity: 560
Merit: 500
most of my friends say 'why not use paypal or credit card?' to buy stuff online ...

Yeah, that's what mine say too except they add, "if I get ripped off the credit card company pays me back".

exactly, no consumer protection is a huge problem for most

That's for sure and I don't have a good argument to fight back with. One of my friends is an MBA working as a VP of asset management for a large real estate investment firm. He argues that consumer protection is the defining feature for credit/debit cards and companies like PayPal that gives the consumer the confidence to make purchases. With the existing payment methods the little guy is protected against bad companies that steal for short term gain. Bitcoin protects the companies that steal and punishes the little guy with an irreversible transaction. He claims that Bitcoin will need a corporate system layered on top of it that's willing to be responsible for fraud. Of course, that will make Bitcoin just as pricy to use as the existing payment systems because someone has to pay for that fraud protection and decentralization is out the window.

Its too bad becasue it has created the perfect niche for internet thieves and scammers.  Even on this site there are plenty of examples of stolen credit card money laundering going on (ie selling STARBUCKS gift cards for only 30% of value).  This illegal use seems to be a major use of btc, without it, who knows what kind of support it would have...
legendary
Activity: 3472
Merit: 10611
Today's topic is How many friends did you recommend bitcoin to? What's their feedback after your introduction? Though bitcoin is regarded as a great invention as internet, a minority of people know and accept it. As a bitcoiner, have you ever recommended Bitcoin to your friends? How many of your friends accept Bitcoin in the end?
i was introduced to bitcoin by my friends so i think you have to ask them Smiley
as far as feedback goes, i loved bitcoin so far and like using it.

but in fact i did introduce bitcoin to one of my friend. i set up a wallet for him and deposited some bitcoin in it, just to give him a start. he is happily gambling bitcoin now Cheesy
legendary
Activity: 3248
Merit: 1070
I have recommended it to a few people and I did it when the price for 1 Bitcoin was 600+ and then it kept sinking and sinking and it gave them an impression that it's too unstable. I have a few colleagues who are using it but they're afraid to invest too much money into it because of volatility.

Also, all the scams, theft and companies running away don't help at all making a good impression.

then say to them that right now and from january, bitcoin is stable as fuck, it is the less volatile phase this, they can start and invest without worrying too much, now it's the time to invest not when the climb is almost done, like many did with the 1200 rally
sr. member
Activity: 252
Merit: 250
well i use a chat community that uses this currency but its not much like for 30 years old guys over its just for the kids of 15 to 30 no much more the older ones dont really go there too much its too depreciated to crime of east still no much propelled into markes and porducts sales regular like dollars or euro
hero member
Activity: 812
Merit: 1000
I have recommended it to a few people and I did it when the price for 1 Bitcoin was 600+ and then it kept sinking and sinking and it gave them an impression that it's too unstable. I have a few colleagues who are using it but they're afraid to invest too much money into it because of volatility.

Also, all the scams, theft and companies running away don't help at all making a good impression.
sr. member
Activity: 490
Merit: 255
They are 5 people that i told or recommend the bitcoin to them and they just ignore me because they a contended to the fiat money and also they don't have any idea or they don't have an interest they more likely to use fiat money.
sr. member
Activity: 266
Merit: 250
I've already recommend bitcoin to some friends

Some of them accept it but one of them didn't accept it

The reason why he didn't accept it because money must have physical form

to trading activity in real life can't happen with digital money

i can't make him sure if bitcoin can to buy and sell via online, lol Cheesy
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
most of my friends say 'why not use paypal or credit card?' to buy stuff online ...

Yeah, that's what mine say too except they add, "if I get ripped off the credit card company pays me back".

exactly, no consumer protection is a huge problem for most

That's for sure and I don't have a good argument to fight back with. One of my friends is an MBA working as a VP of asset management for a large real estate investment firm. He argues that consumer protection is the defining feature for credit/debit cards and companies like PayPal that gives the consumer the confidence to make purchases. With the existing payment methods the little guy is protected against bad companies that steal for short term gain. Bitcoin protects the companies that steal and punishes the little guy with an irreversible transaction. He claims that Bitcoin will need a corporate system layered on top of it that's willing to be responsible for fraud. Of course, that will make Bitcoin just as pricy to use as the existing payment systems because someone has to pay for that fraud protection and decentralization is out the window.
newbie
Activity: 56
Merit: 0
My friend recommended me and i recommended many others but many says it's a long procedure and we can't earn much in this community..
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