Topic: Is bitcoin difficult to understand - page 3. (Read 4943 times)
Cryptocurrency difficulty is a parameter that bitcoin and other cryptocurrencies use to keep the average time between blocks steady as the network's hash power changes. Cryptocurrency difficulty is important since a high difficulty can help secure the blockchain network against malicious attacks
this is because there are still many people who have not analyzed the blockchain technology in bitcoin. But over time people will realize that bitcoin is amazing. So we need to be patient and continue to believe in the future of bitcoin.
i am totally disagree with this that bitcoin is difficult to understand, its very easy to understand bitcoin and cryptocurrency if you have interest , and there are so many decent books to understand bitcoin and cryptocurrency, Also, the difficulty of understanding Bitcoin and cryptocurrencies completely depends on what you actually trying to understand and how many you taking interest to understand.
Bitcoin can seem to be difficult the first time you gets into it. For example, when I first got into the cryptocurrency world, if wasn't that easy for me to understand some things. But, I did my research on Bitcoin, reading articles about Bitcoin and other cryto. YouTube videos about Bitcoin and other cryptocurrency also helped me a lot.
Nevertheless, when you get into the Cryptocurrency community, you start to understand it bit by bit.
Nevertheless, when you get into the Cryptocurrency community, you start to understand it bit by bit.
I don't think it's difficult to understand bitcoin rather it's a different type of understanding. If you spend some time, you can grab the core concepts of bitcoin and other cryptos. There are tons of videos about crypto on YouTube where one can easily learn n get started with bitcoin.
Well, these are usually the most difficult parts of Bitcoin that you need to explain to somebody new to Bitcoin.
Of course there are the technical aspects that are hundreds of times more difficult to understand than this simple resume, but then you need to study programming, cryptography, economy and probably some politics as well.
Of course there are the technical aspects that are hundreds of times more difficult to understand than this simple resume, but then you need to study programming, cryptography, economy and probably some politics as well.
It isn't hard to understand at all they just need time to study it but knowing how to use it only takes a couple of minutes at all (Send, Receive,Buy and even Sell).
To be honest I only know little about it,
Max supply cap, how to use it, How does the price determined (Supply and demand), It is all that I need to know to use it so I didn't dig any deeper since I am not really tech savvy kind of person.
Even a gradeschooler or in highschool students on where understanding bitcoin wouldnt really be that difficult and some mix up with your own common sense then you can eventually learn on what is all about.To be honest I only know little about it,
Max supply cap, how to use it, How does the price determined (Supply and demand), It is all that I need to know to use it so I didn't dig any deeper since I am not really tech savvy kind of person.
It is just there are really some people who arent really that serious on learning up things which would causes for them to lose up the opportunity that it could possibly give.
Bitcoin isnt really hard to understand because understanding the basics on how decentralized payment works then you do know on whats the overall concept.
If you do want to learn then you should at least consider on doing your homework.
It isn't hard to understand at all they just need time to study it but knowing how to use it only takes a couple of minutes at all (Send, Receive,Buy and even Sell).
To be honest I only know little about it,
Max supply cap, how to use it, How does the price determined (Supply and demand), It is all that I need to know to use it so I didn't dig any deeper since I am not really tech savvy kind of person.
To be honest I only know little about it,
Max supply cap, how to use it, How does the price determined (Supply and demand), It is all that I need to know to use it so I didn't dig any deeper since I am not really tech savvy kind of person.
If you are starting, don't try to take all the knowledge all at ones because there will be an information overload which is going to make the understanding of bitcoin much more difficult since you aren't concentrating on one subject which leads to confusion.
Thank you for your input, buddy, maybe at first it will feel difficult, because we are new to bitcoin, but if we keep trying to learn all of that I am sure it will be easy even though there are many obstacles and obstacles, but if we are serious we can ,, I think seniors will definitely guide us through hard times ..
If you are starting, don't try to take all the knowledge all at ones because there will be an information overload which is going to make the understanding of bitcoin much more difficult since you aren't concentrating on one subject which leads to confusion.
Yes. But if we try to understand it using past it will not difficult. Many newbies just come and trade crypto currencies including bitcoin. But it is not the right way. first we have to learn it properly.
Have you heard of Bitcoin?
If the answer is yes, then you are really lucky. If someone around you knows a little bit of Bitcoin, then you can ask him if he has the time and is willing to talk to you.
Many people don't understand Bitcoin and feel that it is too fictitious and seems worthless. This is wishful thinking. If you don’t understand and don’t want to understand, it doesn’t mean it is worthless.
The reason you can't understand it is because it is completely different from what you have known before.
If the answer is yes, then you are really lucky. If someone around you knows a little bit of Bitcoin, then you can ask him if he has the time and is willing to talk to you.
Many people don't understand Bitcoin and feel that it is too fictitious and seems worthless. This is wishful thinking. If you don’t understand and don’t want to understand, it doesn’t mean it is worthless.
The reason you can't understand it is because it is completely different from what you have known before.
everyone is interested in crypto because in crypto there are many people who make big profits, so everyone is interested in plunging into the world of crypto. For beginners I don't think it's difficult to understand crypto because now on Google there is a lot of discussion material about crypto as long as don't be lazy to read and follow crypto developments so you will quickly understand about crypto.
Learning about bitcoin and the entire crypto currencies shouldn't be a difficult thing. You can always get materials like free and paid pdf online inwhich you can read.
You're right but the mathematical aspect of the mining and in-depth knowledge of cryptocurrency without having some knowledge in coding or cryptograph is very difficult to understand and I believe this is what the OP is trying to point out.
In my opinion, most of the things are not difficult, just to see if you go to the heart to understand and learn.
If you are interested in BTC and cryptocurrency, you will know what BTC stands for after a period of time; On the contrary, if you are not interested and don't understand, it is obscure to you.
I like BTC. It's not just a part of income. It's also indispensable like water.
If you are interested in BTC and cryptocurrency, you will know what BTC stands for after a period of time; On the contrary, if you are not interested and don't understand, it is obscure to you.
I like BTC. It's not just a part of income. It's also indispensable like water.
I believe, anyone making a decent effort into understanding Bitcoin and the technology around it can understand and grasp it if he or she is willing to let go of conventional notions of how finance itself is meant to be.
It's tough if we aren't careful while examining the chart; also, many people are just learning cryptocurrency and are studying it right away, which makes it harder because they aren't yet seasoned and don't know much about bitcoin. However, after we have begun to truly understand bitcoin by understanding how coins function and how charts function, it will be incredibly simple to operate.
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
Bitcoin is not as difficult as we thinks. Is usually difficult the first time one get into it, because we get to learn new things, hear new words. So it can lightly be difficult but as time goes on, you understand it more. All that is require of you is total submission and dedication toward it. With this, is won't be difficult.
Nevertheless, you can't basically understand all aspect of it, just focus on the important ones. For example, buying and selling of bitcoin.
Isn't there a book crypto for dummies, or something like that?
No it isn't difficult to understand if it's just sending money and receiving it you it's just like your typical currency but with a twist it has your security and anonymity at the same time. Mesning your money is safe as long as you keep your private keys or account privately. You can also track your transactions in the web just search it. There are also so many exchange where you can buy your coins and you can just hold it for the meantime and sell if you profited or you need money or something. In speculating the price of it that where it kinds of get difficult because it's so volatile that it can rose exponentially or lose rapidly up to your choice mate.
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