Topic: Is Bitcoin too difficult to understand? - page 3. (Read 2095 times)
If you mean about understanding about the technical aspects about Bitcoin then, this would really be difficult to understand. But if only the basic concept and functions about this new technology then somehow it is understandable. Still its all up to an individual if they want to learn onto something. Even if its hard to understand then they'll find a way to learn it.
if you are wise in technology then it is easy to understand and also if you study the crypto it is very easy to get in. nothing is difficult to understand for man. 
I think it is difficult to who are not understanding properly and who are not studied, if we study well there is no need to be fear that it is difficult so research as much as possible it is not difficult.
If you rely on academic writings, it can be tough to understand. What helps me is conversation with real people who have experiences with bitcoin. That's the best way to learn in my opinion.
I think to the general public, the concept of cryptocurrencies is too hard to understand. However, I think this is due to a lack of quality marketing and attempts by the cryptocurrency players to properly educate the general public. Of course, if people really want to, they can put in their own time to research it, but that doesn't appear to be happening so the responsibility is thrown back to the cryptocurrency companies.
The concept underlining the usage of Bitcoin is very fundamental and made in such a way that every one can use it once ready to learn about how it works. Most of the people are not ready to learn and are afraid to venture Bitcoin because they fall as victims to the false news from the governments and media.
Bitcoin is such a big book, no one can read it. It has so many puzzles when people are still trying to learn how to understand it. But you may find it difficult to know when Bitcoin is growing, but it is difficult to control it. The government also wants to control it, but it has to be wrong because it can not do it.
I do not consider bitcoin difficult to understand until now I only monitor price movements and then determine the steps to be taken such as buying when the price is red and holding until the price rises then selling. this method that I often use. I am also always patient when prices change.
if you understanding about the make of bitcoin it'll be difficult, so us as a costumer just know about bitcoin's advantages and disadvantages, but if you want to learn more deeply to make the same coin or work you can find info on the internet or in this forum yourself
To an extent Bitcoin is difficult especially to a non technical person to actually understand. The majority of people just see Bitcoin as a payment option and nothing more which isn't all Bitcoin is.
It is if you think it is. It's all about interest. If you are not interested in something, you will not grasp anything even if it is simple and easy! I mean, we all know that 1+1 = 2. But if we refuse to learn and understand the basics of addition, we will never know that the answer is 2. Same thing with Bitcoin and crypto as a whole.
Bitcoin is too big and broad in meaning so that state administrators assume that its existence is still considered a solution that endangers the banking and financial sector of the country. So from here, we can see that the government alone does not understand the performance of bitcoin, especially those who are unfamiliar with this kind of knowledge.
There are enough resources online available freely to make it understandable by everyone, at least the basics. If it's too much hard to understand then better to consider it the same as money,
So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)
Like every new technology a lot of persons have not fully understood what Bitcoin is about. peoples view of Bitcoin differs, some only see it as a means of making good money while others see it as a ponzi scheme. To a large extent people hardly accept what they do not understand This is why Bitcoin is a little bit unstable because acceptability is key to stability. once it is understood and accepted it may likely become the money of the future.
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)
Like every new technology a lot of persons have not fully understood what Bitcoin is about. peoples view of Bitcoin differs, some only see it as a means of making good money while others see it as a ponzi scheme. To a large extent people hardly accept what they do not understand This is why Bitcoin is a little bit unstable because acceptability is key to stability. once it is understood and accepted it may likely become the money of the future.
Bitcoin is such a big book, no one can read it. It has so many puzzles when people are still trying to learn how to understand it. But you may find it difficult to know when Bitcoin is growing, but it is difficult to control it. The government also wants to control it, but it has to be wrong because it can not do it.
I think for beginners it might be very difficult to understand, but investors who have experience in trading crypto currencies are not too difficult for them to understand bitcoin. many people are disappointed in bitcoin because they have no experience and knowledge of the crypto market.
I think beginners must understand more about bitcoin before they trade in the crypto market so they don't lose money in trading.
We have been beginners and we cannot blame people if they cannot understand it at first encounter, but that is fine, we are not here to forsake them or to hate them but to teach them and share our knowledge with them. I think beginners must understand more about bitcoin before they trade in the crypto market so they don't lose money in trading.
To understand bitcoin, it takes time to learn, and as long as there is a willingness to learn, you will be able to understand bitcoin. Indeed you have to take the time to study, because nothing is instant and everything requires a process.
If you open YouTube and write down there "What is Bitcoin?", you will find a lot of very short videos about it. In reality, to understand it, you need to learn much about BTC and the crypto.
I think for beginners it might be very difficult to understand, but investors who have experience in trading crypto currencies are not too difficult for them to understand bitcoin. many people are disappointed in bitcoin because they have no experience and knowledge of the crypto market.
I think beginners must understand more about bitcoin before they trade in the crypto market so they don't lose money in trading.
I think beginners must understand more about bitcoin before they trade in the crypto market so they don't lose money in trading.
Its difficult but not too difficult to understand. It is hard because it has some technical terms will are not well understood by everyone. Just some technical knowledge can help in understanding.
i think it is not difficult to understand bitcoin .when you know about crypto currency.
So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)
I don't think bitcoin is that difficult to understand,there are just less people who actually have knowledge about it and so it is difficult tp understand ,but if truely if one is passionate about knowing it they need to strive to dig it from roots. Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)
Jump to: