How many of you feel ashamed for recommending Bitcoin to family & friends?

ranlo

legendary

Activity: 1974

Merit: 1007

Quote from: a7mos on September 06, 2015, 01:15:35 PM

I did not recommend using bit coin to my family because they do not know a lot about technology and they won't understand how bitcoin works

I'm the guy people always ask about Bitcoin... but there's so much to cover it's hard. Everyone wants detailed explanations of how it works and is secure, without getting technical. It makes things difficult when it comes to bringing others on board.

Kaneki

sr. member

Activity: 252

Merit: 250

same as above, my family was not too familiar with the technology especially the use of digital currency

a7mos

hero member

Activity: 574

Merit: 500

I did not recommend using bit coin to my family because they do not know a lot about technology and they won't understand how bitcoin works

lahm-44

sr. member

Activity: 336

Merit: 250

I won't feel ashamed till now because I have not done anything wrong till now I mean many of my friends had really made profit like me and many are still noobs..they are quite learning it and rest of the peoples are lossing a small amount of money and getting it back

Falconer

legendary

Activity: 2506

Merit: 1125

Quote from: Elwar on September 04, 2015, 08:53:21 AM

I don't usually recommend Bitcoin to anyone. I told my family that they should buy some bitcoins back when the price was $17 because I care about their futures and felt that I should share it with them so that we could all prosper together. My brother responded with an article about someone that wanted to make it illegal, my sister said she didn't have enough money to invest in anything and everyone else ignored it. I did my due diligence. I bought each of my nieces and nephews 1 bitcoin for their birthdays when the price was below $100. The true gift will be when they figure out how to spend it.

I don't recommend bitcoins to people. I just tell them how it benefits me. I lead by example. My co-workers at work know that I get paid 10% to get my money converted to euros while they are paying a 5% conversion fee for their euros. I have no clue why they continue to waste their money. I think they just figure it's too late for them to get into Bitcoin, or they ask me if I can show them how to make some quick money with bitcoins.

I figure that recommending bitcoins to the very people who are the cause of so many of the problems we have right now is not worth it. They deserve what they get.

You are a good uncle

I think its a timing issue, which those people who bought bitcoin in right time when the price was beginning to increase alot, surely they got big luck. But, for people who late bought bitcoin when its price started to go down, it has been a bad luck for them and other people they have recommended.

boliu

sr. member

Activity: 267

Merit: 250

6th BTC reached. Thank you for your support

I don't feel ashamed for recommending Bitcoin to many of my friends and family, like all my recommendations, I tell them what it is and let them decided if they want go in, like stocks that I recommend.

I ton't force them to buy and invest just give them knowledge.

unamis76

legendary

Activity: 1512

Merit: 1009

I've recommended Bitcoin to quite a few people but most don't grasp the concept, disregard it or simply don't want to have anything to do with it, and noone of them has actually bought any coins... I don't feel ashamed of recommending Bitcoin. I would feel ashamed of recommending them a bank... No harm in recommending anyone a way to store their own money safely! And the OP shouldn't feel bad either, he recommended what he think it was best and the people accepted the risk of buying Bitcoin.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

I don't usually recommend Bitcoin to anyone. I told my family that they should buy some bitcoins back when the price was $17 because I care about their futures and felt that I should share it with them so that we could all prosper together. My brother responded with an article about someone that wanted to make it illegal, my sister said she didn't have enough money to invest in anything and everyone else ignored it. I did my due diligence. I bought each of my nieces and nephews 1 bitcoin for their birthdays when the price was below $100. The true gift will be when they figure out how to spend it.

I don't recommend bitcoins to people. I just tell them how it benefits me. I lead by example. My co-workers at work know that I get paid 10% to get my money converted to euros while they are paying a 5% conversion fee for their euros. I have no clue why they continue to waste their money. I think they just figure it's too late for them to get into Bitcoin, or they ask me if I can show them how to make some quick money with bitcoins.

I figure that recommending bitcoins to the very people who are the cause of so many of the problems we have right now is not worth it. They deserve what they get.

Falconer

legendary

Activity: 2506

Merit: 1125

Quote from: Hugroll on September 03, 2015, 12:36:33 PM

Quote from: zero01 on September 03, 2015, 11:56:28 AM

if beneficial and not detrimental why should be embarrassed to invite someone
I never feel embarrassed

exactly, theres no reason to be embarrassed for recommending bitcoin to someone.
unless you forced them to buy 100btc at $290 usd and made them lose $6000 then maybe you should be a bit embarrased

I guess you dont understand the situation, you should read op first before comment. Dont you feel guilty if you have recommended something to your friends or family, then they get loss even its only $100?

wearehatetherules

full member

Activity: 195

Merit: 100

★YoBit.Net★ 200+ Coins Exchange & Dice

really sad story Sad

i cant imagine your feeling,and how angry they are. but you are cannot blame. its a bad destiny,bitcoin cant guess.. be patient bro! Wink

Hugroll

hero member

Activity: 756

Merit: 500

Quote from: zero01 on September 03, 2015, 11:56:28 AM

if beneficial and not detrimental why should be embarrassed to invite someone
I never feel embarrassed

exactly, theres no reason to be embarrassed for recommending bitcoin to someone.
unless you forced them to buy 100btc at $290 usd and made them lose $6000 then maybe you should be a bit embarrased

Falconer

legendary

Activity: 2506

Merit: 1125

Quote from: zero01 on September 03, 2015, 11:56:28 AM

if beneficial and not detrimental why should be embarrassed to invite someone
I never feel embarrassed

It usually happens to those people who recommend their friends or family to invest their money in bitcoin, so they can get profit if bitcoin price is higher in future. But, if the price decrease, it would be shameful.

zero01

member

Activity: 98

Merit: 10

if beneficial and not detrimental why should be embarrassed to invite someone
I never feel embarrassed

buddu

hero member

Activity: 700

Merit: 500

Luckily I came to know about Bitcoin few months ago and price range is almost same with little difference.I introduced two of my friends and they both invested a bit in Bitcoin and they are thankful to me.I am happy and still telling the people to take a look into the Bitcoin.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: Athertle on September 01, 2015, 05:25:02 PM

If I recommend bitcoins, it'll be as a currency; not as a investment scheme. It's like buying up USD and hoping that the value will rise; likewise, bitcoin is just a way to spend money.

You are opposed yourself. You tell that you will recommend bitcoin as a currency and not as one investment. Then tell: it's like buying us dollar and hoping that the value will rise. That is a typical investment and not a using as u currency. In fact you are not buying nothing with it (so not using as a currency) but are holding in your wallet in the hope that their value will increase and you earn from this increase. This is a typical investment and not a use as a currency. Wink

roadbits

legendary

Activity: 1092

Merit: 1000

I tell all my friends to buy what they can stomach losing, and forget about em as long as they can. Worst case they lose a grand, best, they end up with over 10k. Cheesy

Athertle

sr. member

Activity: 252

Merit: 250

Go figure! | I'm nearing 1337 posts...

If I recommend bitcoins, it'll be as a currency; not as a investment scheme. It's like buying up USD and hoping that the value will rise; likewise, bitcoin is just a way to spend money.

wadili89

legendary

Activity: 1106

Merit: 1000

Quote from: coinzat on August 31, 2015, 02:06:11 PM

Wow your lose is very huge , if it happened to me my family would kill me Grin

then get ready to get killed because this can happen to anyone and annytime you never know when the value is going 100$ down and also you never know when the value is going 100$ up so you might get killed or get kissed Wink

RodeoX

legendary

Activity: 3066

Merit: 1145

The revolution will be monetized!

Quote from: mallard on August 31, 2015, 10:21:59 AM

You should recommend it as something to spend, not an investment.

That's what I think. Wink

Bitcoin is not an "investment" and was not invented to be one. It's money to buy things cheaply, securely, quickly.

angrynerd88

sr. member

Activity: 910

Merit: 253

Hodlers Network

I invested 10k euro in btc i have lost 70%. My sister has invested 5k and lost same. My parents together 8k.

I remember i told them "it is impossible it will go down, it can only raise! trust me"
I feel very ashamed.

Topic: How many of you feel ashamed for recommending Bitcoin to family & friends? (Read 3539 times)