Is Bitcoin too complicated for ordinary folks? - page 23.

Spaffin

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Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

In general, yes. Bitcoin is very difficult to understand for ordinary citizens because bitcoin is in a virtual digital world, it can not be seen and shown in practice, and the process of its extraction is too complex for an ordinary person to understand that a random number is calculated, which, at the moment, costs about ten thousand dollars in the technology envelope of blockchein technology. An ordinary person has a completely different idea of money, which has evolved over the centuries. Crypto currency is not entered into this general idea, it is an absolutely new type of financial mutual settlement, which differs radically from the existing views on money. Therefore, the whole previous experience of the idea of money here is not applicable. An ordinary person, in fact, must take all this for granted, as a religion, because to look at himself and to check it in practice is very difficult.

ArkiCrypto

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There a lot of factors that may affect people as challenges in their way to understanding Bitcoin just like the technology mainly, not everyone has access to the digital world and familiar to the state of our advance technology today, making it a difficulty for the aspiring bitcoin users. In simple terms, resources.

The primary approach in dealing with bitcoin, is knowing the interest of a person and thyself. It will be easier for aspiring bitcoin users if they are really interested in learning and understanding its background, nature, system and just anything about bitcoin that can help them through time with using bitcoin. Most people focus on the way they see bitcoin, as a source of having privileges that would very much benefit them but not as a subject matter that needs to be thought of and learned properly making it somehow a difficulty in understanding it immediately.

First glimpse, bitcoin seems hard and has a lot of complications but if you are enthusiastic enough to find ways in learning bitcoin the way which you would understand it more by yourself is the greatest thing to do. By simply reading articles or can be the posts here in this forum could help you gain knowledge about it, asking help to other people won't also hurt you.

xiboothrezi

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this is just about the will. anyone who wants to learn and wants to flourish, whether ordinary or rich, male or female, all have the same opportunity to earn profits from cryptocurrency.

blue_dragon

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Powered by Artificial Intelligence & Human Experts

Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

For a technology or computer literate, it is easier to learn bitcoin but to a person who dont have an idea about the computer and about virtual world then probably it is hard to learn it because they need to learn the basics before they go to complicated things such as bitcoin and altcoins. So for me, read some books and articles, and try to be computer literate.

Ms.sagittarian

newbie

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We all have individual differences there are persons who can catch up the information or the data about something easily for example about Bitcoin you cannot understand it if you are not interested. So being ordinary folk I'd not an issue when it comes to understanding the most important is interest

Ravenangel

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There is not much of a complication in BTC, its all on he peopl's heads that BTC is complicated, al you have to do is to chose what you wanna do, either mine or buy, or Trade or hodle, the most important decision every BTC investor has to make

iliev41

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Quote from: crazycatwoman03 on April 26, 2018, 05:35:39 PM

Quote from: rudito on April 26, 2018, 07:57:50 AM

Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

Bitcoin is complicated for new users, but as time goes by bitcoin does not become complicated, but it will be a lucrative thing, it all just takes process.

True, bitcoin must be easy to understand but earning it takes a little more. We all went through that stage where we have many questions about bitcoin and other cryptos wherein most of us will rely on getting the answer through searching in the Internet. Some might have known someone who have known bitcoin for a long time, must be earning good already and is willing to share what he know. Researching and having a mentor will both be helpful to understand what you are going to do here.

As for bitcoin, I also think that it is only complicated when you are just starting but I also think that sometimes it is the person who is making things complicated with bitcoin. There are people who thinks that what we do here is very easy and once they try it, they are very eager to earn and will likely rush things out.

People usually rush into things, that is how they lose money. Take your time to study and decide to buy afterwards. Also buy small amounts first, just to test the way it works.

crazycatwoman03

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Quote from: rudito on April 26, 2018, 07:57:50 AM

Quote from: The Golden Boy on January 31, 2018, 02:04:40 PM

With mainstream media still taking an interest in Bitcoin, do you think we have lost perspective of what is important, and are there to much focus on price? or do you think we will find back to the possibility of bitcoin and blockchain?
For inspiration i included my article on the matter
https://cryptoms.online/2018/01/30/is-bitcoin-too-complicated-for-ordinary-folks/

Bitcoin is complicated for new users, but as time goes by bitcoin does not become complicated, but it will be a lucrative thing, it all just takes process.

True, bitcoin must be easy to understand but earning it takes a little more. We all went through that stage where we have many questions about bitcoin and other cryptos wherein most of us will rely on getting the answer through searching in the Internet. Some might have known someone who have known bitcoin for a long time, must be earning good already and is willing to share what he know. Researching and having a mentor will both be helpful to understand what you are going to do here.

As for bitcoin, I also think that it is only complicated when you are just starting but I also think that sometimes it is the person who is making things complicated with bitcoin. There are people who thinks that what we do here is very easy and once they try it, they are very eager to earn and will likely rush things out.

Dondisimo

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It may be a little complicated, but only for those who do not know technology. And if you understand this area, then you will not be difficult to understand bitcoin.

royalfestus

hero member

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there are some types of people i noticed i found around to be the ordinary folks that find it complicated
1. Those that accepted the views of the media that it is not legit currency
2. Those that accepted it and not have the first hand experience of it, they still believe it is as virtual and cant be used
3. some that have first hand experience used in a ponzi scheme and were swindled, with this they got complicated

mariangpalad

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Protocol and Token to Reinvent Skill Validation

Yeah,the biased media has brain washed by these influencers,because you might know if they are intended to have be destroying cryptocurrencies to the common people so that there will be no future for cryptocurrencies.It is going to be complicated when you are going in to trading blindly,as far remembe theres a lot of shitcoins.

pedrasantos

newbie

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I think It is not complicated for people who has programming background. But for people who has not idea about programming and money transferring system it is hard. Especially mining is too complicated for ordinary folks.

WebTera

member

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Bitcoin seems complicated at first glance, but there is nothing easy to earn. But if you delve into the information, if you are interested, it will be easy.

serenacalce

newbie

Activity: 56

Merit: 0

People do not really want to know that the most important thing is the blockchain algorithm. We are talking about the price of Bitcoin. The price is increasing and decreasing as the media channels are intensely raising the news thanks to the popular topic bitcoin.

taeewo

full member

Activity: 392

Merit: 100

I dont think its complicated, it only need commitment to learn, if you mind is there and really want to learn, it will be easier to comprehend..

fattyforhire

full member

Activity: 364

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Bitcoin seems complicated at first glance, but there is nothing easy to earn. But if you delve into the information, if you are interested, it will be easy.

niksxv

newbie

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at first because you don't know anything about bitcoin, but when you give time to read and research about bitcoin you can go with the flow. take time to read and be responsible always.

Chachacoin17

sr. member

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Quote from: pushups44 on April 25, 2018, 10:10:11 PM

Right now it's too complicated, but user-friendly interfaces will increasingly be more common, along with insurance in case of theft or loss. We are still very early in the blockchain revolution.

Honestly, bitcoin is a broad technology and a wide market to explore, and I can certainly say it's complicated especially if you don't have any idea of what it is, how does it work, and more factors to consider that makes it intricate. We all go through the same path, we all started as beginners and our burning desire is what guides us to achieve success. I think the only way to overcome its complexity is to relax, study, seek help from experts, don't limit yourself from learning new things, use it responsibly and share it to others, because knowledge is a blessing. Be kind and make a difference not only in yourself, but for others.

narik amal

newbie

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Quote from: dagughalam on April 26, 2018, 07:32:17 AM

Not too complicated i think. As a newbie, i had to have a guide to tell me what is and what isnt.

yes really we should have a guide because it will be easy to learn and do not forget to ask things that do not understand on friends who already understand about bitcoin.

cypher1992

newbie

Activity: 19

Merit: 0

In the nineties people needed to learn e-mail. In the 2000 they learned internet. In the next years they learn digital currencies. When the first government release their own coin, people will learn fast.

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