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Topic: Is Bitcoin too difficult to understand? - page 7. (Read 2095 times)

jr. member
Activity: 331
Merit: 3
November 10, 2018, 01:17:00 PM
I also thing so too, understanding bitcoin is difficult but the more you learn of it, you become better daily. i say this from my own experience.
member
Activity: 952
Merit: 41
November 10, 2018, 12:47:53 PM
Well bitcoin is not that difficult to understand and information about what bitcoin is all on the internet just a little search and you will get all the information you need, but in my own explanation and understanding bitcoin is a digital currency that is use for online transaction without the involvement of a third party.
full member
Activity: 686
Merit: 100
November 10, 2018, 12:37:49 PM
I believe the question is not "if bitcoin is hard to understand". The real question is, if people willing to understand how bitcoin works other than just speculating.
Right, cause if you want learn there is a way, cause now there is lot of resources to get information about in bitcoin. Bitcoin is easy to understand if you willing to learn on it .
therefore there is a mention that science is the key to success. we have to add our insights so that we can better understand the market and crypto systems so that we can use crypto optimally. experience also greatly influences our success in crypto so don't give up easily and continue to add insight and experience.
member
Activity: 79
Merit: 60
November 10, 2018, 11:19:30 AM
No, its hard to understand in the first time you heard things about bitcoin, but of course you will not stop from that because if you really want to fully understand bitcoin you will use all the resources you have just to learn more about bitcoin.

We all experience a hard times reading lot’s of numbers in this market, but we are here now still buying and selling and this is a result of hard work and patience, beginners must wear this kind of willingness and don’t give up easily.
full member
Activity: 798
Merit: 121
November 10, 2018, 09:46:56 AM
I believe the question is not "if bitcoin is hard to understand". The real question is, if people willing to understand how bitcoin works other than just speculating.
Right, cause if you want learn there is a way, cause now there is lot of resources to get information about in bitcoin. Bitcoin is easy to understand if you willing to learn on it .
full member
Activity: 504
Merit: 100
November 10, 2018, 08:02:59 AM
I think, bitcoin can be easily understood if we want to learn and find a lot of information about bitcoin so we have enough knowledge to be able to understand bitcoin and how to be able to invest and get profit in bitcoin
sr. member
Activity: 1162
Merit: 251
November 10, 2018, 05:45:37 AM
If you really want to understand and know bitcoin its easy for you. You will not mind those issues about bitcoin and not be affected. Every decisions in your life is depends on you. Its you who wil decide whats the best for you so if you really want bitcoin you will find ways to to learn it.
Absolutely agree, because the mindset will show whether it's easy or not in learning about bitcoin, if you really want to learn bitcoin, then by working hard in learning it won't be difficult to understand about bitcoin. there are tens of millions of bitcoin users, that's is proof that learning bitcoin is not a difficult thing
legendary
Activity: 2758
Merit: 3105
Top Crypto Casino
November 07, 2018, 04:51:17 PM
Understanding Bitcoin is not so hard, it is simply a digital currency.
In the other hand accepting it is the real problem. People know what Bitcoin is but they have problems accepting it as a regular currency.
full member
Activity: 490
Merit: 101
November 07, 2018, 04:38:55 PM
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)



Bitcoin isn't had to understand but I believe a lot of persons were introduced with a misconstrued understanding of what it fully entails. I believe many came in with the full notion of just earning money with it's investment before realizing that there are other uses to it. I believe that understanding the bitcoin goes along having a clear understanding of what the whole concept of cryptocurrency has to offer and the future of digital currency.
member
Activity: 377
Merit: 10
The Premier Digital Asset Management Ecosystem
November 07, 2018, 04:17:46 PM
I don't think that btc is too difficult to understand if you know something about how crypto market works and how digital currency differs from standard currency. To my mind, btc is the system of the high technological progress
sr. member
Activity: 574
Merit: 250
November 07, 2018, 03:45:15 PM
I think bitcoin is a bit difficult to understand for the beginners that is Why beginners are ask to do research and get acquainted with it so as not to panic at any point in time.
newbie
Activity: 1
Merit: 0
November 07, 2018, 03:22:00 PM
From my own research, Bitcoin will end up being the only currency we will use. The Internet  and technology development are slowly and steadily taking over. Bitcoin is far from being difficult to understand. All it requires is some time invested in researching about it and the current market for it.
member
Activity: 102
Merit: 10
November 07, 2018, 02:15:40 PM
A lot of people are arguing over this nowadays. There's debate between this and that economic school, between politicians, between programmers. Don't listen to all of them. Some people are smart; some are misinformed. Some say the system is worth a lot; some say it's actually worth zero. Some say it's digital gold; some say it's a currency. Others say they're just like tulips. Some people say it'll change the world; some say it's just a fad. Research and you'll be okay.
newbie
Activity: 32
Merit: 0
November 07, 2018, 02:13:07 PM
To know all about the process of formation as it develops, one needs to learn and cultivate a lot of knowledge that can be understood comprehensively because it is quite complex but not can not understand
member
Activity: 476
Merit: 10
https://beta.afce.io/#/
November 07, 2018, 01:57:42 PM
No it's not too difficult to understand the bitcoin before investment on bitcoin you must understand the concept of bitcoin and the trends of bitcoin,we all knows bitcoin journey is not too long as bitcoin just launch 10 year ago and now we all knows it's already made history in crypto world so just wait for your turn.
copper member
Activity: 455
Merit: 0
November 07, 2018, 01:47:37 PM
The most important thing is the willingness to learn bitcoin because to understand bitcoin requires a process, and if you want to learn, bitcoin will be understood.
full member
Activity: 350
Merit: 100
November 07, 2018, 01:37:41 PM
Yes, Bitcoin is a bit difficult to understand especially for the beginners, because it is really different than fiat currencies. People used to deal with fiat currencies, and they don't understand easily how the digital currencies work, and why it is so valuable. Also, the blockchain technology needs a level of education to understand it.
ict
sr. member
Activity: 466
Merit: 250
November 07, 2018, 01:13:13 PM
In my opinion. not only bitcoin but all crypto currencies are difficult to understand the price movements. they are very volatile and easily influenced by various things. we must often see or keep abreast of the developments in the crypto market so we can continue to know the latest news about crypto. no one can control the crypto movement and predict it.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
November 07, 2018, 01:08:24 PM
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?

It is too difficult for you to understand.  Please don't waste time trying.  Maybe go watch a comedy show or something.  That is probably good for you.  Jimmy Fallen for example.  But your brain is not suitable for things like Bitcoin. 


I think all the human brains match bitcoin as long as he wants to try it and the intention to learn bitcoin. but it all depends on each person whether he wants to learn it or not. bitcoin is very easy to understand and understand, it is difficult at the beginning but it will be easy if we continue to learn it.
Basically the human brain has good abilities, but it depends on the personality of each, meaning that if he wants to think and continue to learn it, of course they will also understand. So to understand bitcoin I think everyone can understand it if they have high intentions, so far I have several relatives who were introduced to bitcoin, but they don't fully understand, yes it depends on each of them.
copper member
Activity: 381
Merit: 0
November 07, 2018, 01:03:29 PM
I think that's right even though it came out as a joke. Bitcoin and cryptocurrency has been easy for a lot of persons to understand, that's why some see it as a ponzi or a bubble.
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