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Topic: how to explain bitcoin advantage ?? - page 2. (Read 5261 times)

sr. member
Activity: 280
Merit: 250
February 04, 2017, 07:12:52 AM
Bitcoin had attracted millions of investor because of its huge market capitalization and its advantages over fiat currencies. like bitcoin is transparent and  anybody who knows the btc address could check on blockchain whether the payment had been done or not so no one could cheat like say that I had paid for the transaction, everything is stored on public ledger blockchain.
legendary
Activity: 3374
Merit: 1824
February 04, 2017, 07:01:02 AM
It's true that bitcoin have bad reputation in media, mostly because of bad news connected with crimminals.
They are using bitcoin to buy drugs in dark web.
We had a few such stories in my country recently.
So, how to explain advantages of bitcoin?
I will explain it in very simple way.
No government control, decentralized, fast and secured.
sr. member
Activity: 310
Merit: 250
February 04, 2017, 06:53:43 AM
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?

He's just illustrating a point that bitcoin has a bad reputation due to past problems and its involvement in the dark web and some large financial scams. I would say that it would be hard to convince everyone about bitcoin due to these facts but there is a chance if we can provide needed services that are legitimate and operates purely out of bitcoins.
Bitcoin has bad reputation according to who? News networks which will smear everybody's name just to gain views?
Mass media and journalists from the mainstream with zero idea what bitcoin is and repeating platitudes?
There is no real arguments against bitcoin worsen that against old good fiat money.
In fact bitcoin might be much better. They are just  too shortsighted and brainwashed by current economic system aka slavery.

Do you deny the age where bitcoin was popularized by the darknet? Do you deny how much popularity it has gained when Mt. Gox collapsed? Indeed the media has created a bad image, but it was not brought about by just baseless news. There were real and true news that was negative and against the interest of bitcoin. But what can we do, it is the past and what we can do is improve its future.
hero member
Activity: 560
Merit: 502
February 04, 2017, 12:07:22 AM
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?

He's just illustrating a point that bitcoin has a bad reputation due to past problems and its involvement in the dark web and some large financial scams. I would say that it would be hard to convince everyone about bitcoin due to these facts but there is a chance if we can provide needed services that are legitimate and operates purely out of bitcoins.
Bitcoin has bad reputation according to who? News networks which will smear everybody's name just to gain views?
Mass media and journalists from the mainstream with zero idea what bitcoin is and repeating platitudes?
There is no real arguments against bitcoin worsen that against old good fiat money.
In fact bitcoin might be much better. They are just  too shortsighted and brainwashed by current economic system aka slavery.
sr. member
Activity: 310
Merit: 250
February 03, 2017, 11:58:01 PM
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?

He's just illustrating a point that bitcoin has a bad reputation due to past problems and its involvement in the dark web and some large financial scams. I would say that it would be hard to convince everyone about bitcoin due to these facts but there is a chance if we can provide needed services that are legitimate and operates purely out of bitcoins.
hero member
Activity: 560
Merit: 502
February 03, 2017, 11:45:42 PM
#99
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
There is little that can be said when we have no idea what country you live in. If you want to present your situation well then you have to provide background for us to understand.
If it took 6 months to convince your family about so trivial matter such as bitcoin being solid cryptocurrency then maybe your arguments and persuasion skill is not good enough?
hero member
Activity: 1498
Merit: 586
February 03, 2017, 11:41:02 PM
#98
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say

Explaining is not enough to convince your mother, brother or others. If they see it has a dark side they wouldn't accept your explanation.  Specially if the government banned bitcoin they wouldn't accept your explanations, even if many people earned here too much. They always see the bad side, not the good side.
hero member
Activity: 770
Merit: 500
February 03, 2017, 04:56:23 AM
#97
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
In my country, there are many things against Bitcoin like the media and newspaper. Because of this fact, the people are aware of using Bitcoin since their mindset has been changed and replaced by the government. I took 6 months to convince my mother that Bitcoin is a good currency which has no related with the multi-level marketing and ponzi based system. I had many evidence and surprisingly, she still did not want to believe in what I say
legendary
Activity: 1120
Merit: 1000
February 03, 2017, 04:53:47 AM
#96
If we just tell, certainly it would be hard to believe. the best way is we give someone 1 btc, then we say the start purchasing $900, it turns out that after the price reach $1.000, we ask him to trade him to the exchanger, once there is a profit, then we give the profit it for her, I'm sure he's going to think for themselves about the bitcoin.
Lol of course no one people is going to give 1 BTC to someone for free, I think you just need to tell them the advantages of bitcoin, when they are interested they will find out for themself what is it bitcoin
but you must keep it in  your mind that first expression is the last expression. if you will explain the bitcoin to some one in a good way with giving him some examples from our everyday life. hope he will understand you very much and and if you are not explaining bitcoin in a better way, one may not give more attention to it. therefore it is important to collect the best point about bitcoin with clear explaining and after that you should introduce it to some one.
hero member
Activity: 1176
Merit: 509
February 03, 2017, 01:55:05 AM
#95
To explain bitcoin to your brother and encourage him to invest, you first need to show him proofs that bitcoin is really profitable and you are earning from it for you to convince him that it is not a scam! Tell him the history of bitcoin and how it started.
full member
Activity: 224
Merit: 100
February 03, 2017, 01:26:26 AM
#94
When you explain well how to get discounts on Amazon when you want to buy stuff usually most of the people I told about BTC get the point. If people understand that there can be value behind it (forget about the price) because btc is useful then most of them get it. Especially women (tell them to buy shoes with a 15% discount on Amazon... They go crazy)
Amazon is not the online site number one. I am woman and I have heard about this 10% discount on Amazon if you are buying with bitcoin directly. But on that site where I always buy Aliexpress the prices are even lower than Amazon with 15% discount.
Lol, when compared globally surely amazon is the largest online shopping especially when compared to the Aliexpress. I think, this is a fact that cannot be disputed, that the biggest online site is still not using bitcoin. I said so do not blame the that online sites, due to the popular yet bitcoin.
legendary
Activity: 3010
Merit: 1280
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February 02, 2017, 10:45:50 PM
#93
If we just tell, certainly it would be hard to believe. the best way is we give someone 1 btc, then we say the start purchasing $900, it turns out that after the price reach $1.000, we ask him to trade him to the exchanger, once there is a profit, then we give the profit it for her, I'm sure he's going to think for themselves about the bitcoin.
Lol of course no one people is going to give 1 BTC to someone for free, I think you just need to tell them the advantages of bitcoin, when they are interested they will find out for themself what is it bitcoin
It's hard to convince people if we will tell them that bitcoin is investment, they might think it is a scam. The real advantage of bitcoin should be explain and that real advantage is not investment, it is a currency where we can use to transact online to ease everything.

The advantage is we can do it anonymously and fast, also, the transaction fee is very cheap. I guess what I mentioned is more vital from them to get.

Indeed Bitcoin is a currency but most people look at it as an investment.  The beauty of it is the high volatility that enabe the trader to take profit.  This should be the first thing that we should capitalize when a person is looking for an investment that yield a good return.  Though I have to disagree with the anonymity because as what the knowledgeable people said, it is a fallacy because transaction can be traced.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
February 02, 2017, 10:12:26 PM
#92
If we just tell, certainly it would be hard to believe. the best way is we give someone 1 btc, then we say the start purchasing $900, it turns out that after the price reach $1.000, we ask him to trade him to the exchanger, once there is a profit, then we give the profit it for her, I'm sure he's going to think for themselves about the bitcoin.
Lol of course no one people is going to give 1 BTC to someone for free, I think you just need to tell them the advantages of bitcoin, when they are interested they will find out for themself what is it bitcoin
It's hard to convince people if we will tell them that bitcoin is investment, they might think it is a scam. The real advantage of bitcoin should be explain and that real advantage is not investment, it is a currency where we can use to transact online to ease everything.

The advantage is we can do it anonymously and fast, also, the transaction fee is very cheap. I guess what I mentioned is more vital from them to get.
hero member
Activity: 1008
Merit: 501
February 02, 2017, 06:21:54 PM
#91
If we just tell, certainly it would be hard to believe. the best way is we give someone 1 btc, then we say the start purchasing $900, it turns out that after the price reach $1.000, we ask him to trade him to the exchanger, once there is a profit, then we give the profit it for her, I'm sure he's going to think for themselves about the bitcoin.
Lol of course no one people is going to give 1 BTC to someone for free, I think you just need to tell them the advantages of bitcoin, when they are interested they will find out for themself what is it bitcoin
sr. member
Activity: 294
Merit: 250
February 02, 2017, 03:54:41 PM
#90
When you explain well how to get discounts on Amazon when you want to buy stuff usually most of the people I told about BTC get the point. If people understand that there can be value behind it (forget about the price) because btc is useful then most of them get it. Especially women (tell them to buy shoes with a 15% discount on Amazon... They go crazy)
Amazon is not the online site number one. I am woman and I have heard about this 10% discount on Amazon if you are buying with bitcoin directly. But on that site where I always buy Aliexpress the prices are even lower than Amazon with 15% discount.
legendary
Activity: 1526
Merit: 1001
February 02, 2017, 03:51:14 PM
#89
I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

$50 aren't much if you think for an investment and especially for faucet, why do you want to open a faucet, have you calculated how much will you earn from ads and other ways through faucet, you should think also for faucet bots which are the worst thing for an faucet owner. The advantage of bitcoin can be explained with today's increase.
legendary
Activity: 1050
Merit: 1001
February 02, 2017, 03:38:11 PM
#88
When you explain well how to get discounts on Amazon when you want to buy stuff usually most of the people I told about BTC get the point. If people understand that there can be value behind it (forget about the price) because btc is useful then most of them get it. Especially women (tell them to buy shoes with a 15% discount on Amazon... They go crazy)
lol yeaaa that's true , lure them with something they like the most.
unfortunately if you read carefully what actually this topic ? discussing what? you will not throw that words randomly like that.
your opinion was makes sense but It is not in accordance with the topic keynote. he is asking for capital to start building bitcoin related site and he need to convince his brother to get proposal granted .
legendary
Activity: 3248
Merit: 1402
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February 02, 2017, 02:59:11 PM
#87
Bitcoin is pseudonymous which means all transactions can be seen but nobody knows which wallet belongs to whom. It is protected in two ways from the inflation (fiat can't be protected from it by its nature): limited amount of btc and halvings every 4 years. Apart from that, bitcoin can be exchanged in any country and if you have it in online wallet you have access anytime and everywhere to it. As for the site, I think it is not a very good idea, because it would be too hard to make something more popular than already existing sites, you know.
legendary
Activity: 1218
Merit: 1007
February 02, 2017, 02:54:14 PM
#86
Well, Bitcoin has its own advantages just as fiat has, but much more compared to it. You can argue frankly with your brother that it's price is liquid and so, what you have today may be much higher in value the next day. You can also convince your brother by telling him that it is accepted by the world's most popular giants including Microsoft, Amazon, etc. and Bitcoin is currently giving a great competition to PayPal (hope your brother is familiar with PayPal).
hero member
Activity: 1456
Merit: 624
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February 02, 2017, 01:56:52 PM
#85
When you explain well how to get discounts on Amazon when you want to buy stuff usually most of the people I told about BTC get the point. If people understand that there can be value behind it (forget about the price) because btc is useful then most of them get it. Especially women (tell them to buy shoes with a 15% discount on Amazon... They go crazy)
Yeah its work if you know how to market you can push them to use bitcoin instead and deposit their money in bitcoin and buy in purse.io..
Since more merchant online are accepting bitcoin and new business are releasing in the internet i hope that more website are accepting it or hoping that bitcoin will be accepting in big company like amazon that can push more price of bitcoin if it will happen..
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