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Topic: Is Bitcoin too difficult to understand? - page 9. (Read 2095 times)

full member
Activity: 1177
Merit: 102
November 07, 2018, 12:44:54 AM
#86
I think one people can not understand Bitcoin who is the new users'i have underestand Bitcoin but huge days later.firstly I have worked investment platform then I get some knowledge with my friends and more articles.so fully I have understand Bitcoin and continue my work.now I know how I can makes more profitable,what the real time to holding everything now I have underestand.
newbie
Activity: 70
Merit: 0
November 07, 2018, 12:42:35 AM
#85
i think it is pretty simple to understand. when you know about crypto currency.
sr. member
Activity: 616
Merit: 262
November 06, 2018, 11:36:57 PM
#84
Taking into account that we now live in a technology driven world with most people being familiar I do not think its too hard to get your head around.

I think the one who are having a hard time understanding it would be those generation ahead of millennials because they aren't that much familiar with the internet and some even do not attempt how to use a computer. As for those younger generations, most likely they can relate because cryptocurrencies are just like in the games wherein one would have a coin, token or whatever to do some transactions and people are familiar with it. For those who aren't that engage in technology then they would be the one having a hard time understanding it.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
November 06, 2018, 11:32:55 PM
#83
Difficult if the person itself has no determination, and dedication to learn it or what. But on the contrary, it will be quick to understand if we explore ourselves unto it, then will give some effort about the information that we want to get it to know. And make some research more about bitcoin it could be you tube tutorial in bitcoin, reading updates most often in cointelegraph, and more.
but many people are covered by negative news about bitcoin, then they reject to learn bitcoin, I think, we as seniors, must be open to them about bitcoin income, trading, investment, or other bitcoin benefits.

and we must be more active first to erase their negative assumptions.
jr. member
Activity: 224
Merit: 1
November 06, 2018, 11:24:27 PM
#82
bitcoin is something very new, both in the world of economics, and in the digital world. we don't know how long the price of bitcoin is high. basically bitcoin is a digital journal that records who has how many bitcoins. banks in general also have journals like this to record customers a has how much money. what distinguishes bitcoin is that this digital journal is not stored in a particular agency or party. in bitcoin, this journal is stored in each person, or anyone who wants to have and help with the transaction process. so when a digital journal is damaged, you have a backup of all other users. there is no one who controls this journal, all of them participate.
newbie
Activity: 22
Merit: 0
November 06, 2018, 10:24:33 PM
#81
Bitcoin is not  difficult to understand. but for the  new users they will get confusing, there are some useful videos and article available regarding bitcoin,
just go through the information and learn  about it will be easier.
newbie
Activity: 70
Merit: 0
November 06, 2018, 08:55:57 PM
#80
Bitcoin is too difficult to understand for a beginner because we have to understand how block chain works first, what is cryptocurrency and how does it works on Bitcoin. Basically to understand the huge picture about what is Bitcoin before understand in depth about it as they are the first ever digital money that ever happened so it will take sometimes for people to understand.
sr. member
Activity: 854
Merit: 252
November 06, 2018, 06:58:15 PM
#79
Difficult if the person itself has no determination, and dedication to learn it or what. But on the contrary, it will be quick to understand if we explore ourselves unto it, then will give some effort about the information that we want to get it to know. And make some research more about bitcoin it could be you tube tutorial in bitcoin, reading updates most often in cointelegraph, and more.
member
Activity: 518
Merit: 11
November 06, 2018, 06:10:21 PM
#78
this is become a major problem for the growth of bitcoin, and will hinder the growth of bitcoin, sometimes some people who do not know bitcoin, they make wrong conclusions about bitcoin, so make FUD, and later, make the market fall.

I think, we have to make a simple guidebook to give understanding to the public, especially to primitive people.
hero member
Activity: 1932
Merit: 504
November 06, 2018, 05:46:06 PM
#77
I think it is because some people wouldn't care about something that they don't know and as long it not give them advantages yet, they wouldn't waste their time to learn about that thing and really don't care about it.
hero member
Activity: 994
Merit: 515
Get'em boys
November 06, 2018, 05:32:29 PM
#76
Taking into account that we now live in a technology driven world with most people being familiar I do not think its too hard to get your head around.
member
Activity: 392
Merit: 21
November 06, 2018, 05:28:53 PM
#75
It is never required to fully understand how Bitcoin works
As is the case with TV, computer and the Internet
What is required is that we can read the effect of this technique
Is it useful to mankind or not؟
It usually takes some time
This is how history taught us.
jr. member
Activity: 105
Merit: 1
November 06, 2018, 05:15:06 PM
#74
Bitcoin is not too difficult to understand. However, its operations and value can sometimes be a little tricky and unpredictable. In all, the advantages of this digital currency is too good to be true.
sr. member
Activity: 552
Merit: 250
November 06, 2018, 05:09:37 PM
#73
If you have a posture thinking I think it is not hard to understand bitcoin because in the first place if you want your doing and if you want to learn it is easy for you to understand of bitcoin way but if your mindset was negative and you are basing on those negative minder also you are not believing or you don't want to understand because the negative. So if you want theirs a way to understand.
legendary
Activity: 1316
Merit: 1145
November 06, 2018, 04:58:55 PM
#72
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 personally only understand the meaning of bitcoin on the surface. if someone wants a deeper explanation, I can't. because bitcoin is very difficult to understand. but in essence I understand the use of bitcoin. well, it's just a rough understanding that bitcoin is a digital currency / digital gold.
full member
Activity: 812
Merit: 101
November 06, 2018, 04:57:45 PM
#71
yes, understanding of bitcoin is part of our problem, many people have difficulty in understanding bitcoin, the lack of deployment, limited access, and inactive bitcoin communities are the main reasons.

some people give suggestions to make crypto part of school lessons, and I agree with such ideas, but the material must be adapted to the abilities of each student, maybe grade 6 elementary school is a good time to start.
member
Activity: 434
Merit: 10
November 06, 2018, 04:55:57 PM
#70
Fortunately, it's not that difficult as it may seem at first glance. On the Internet a lot of useful information on forums, social networks, on different sites. You just need to sit down and study all this information. And then you will succeed.
hero member
Activity: 1065
Merit: 510
November 06, 2018, 04:52:44 PM
#69
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)

For technical details then I would believe that only a few would able to explain on precise yet not all would be programmers or do have that IT course to elaborate
but if we do talk on just basic things about bitcoin it wont really be that hard to explain nor to understand.
full member
Activity: 602
Merit: 100
November 06, 2018, 04:50:12 PM
#68
There is nothing complicated or supernatural in the study of cryptocurrency. You just have to sit at your computer and read a lot about it. First you will be difficult, but with time you will begin to understand bitcoin, how it works, and other details.
member
Activity: 144
Merit: 10
November 06, 2018, 04:49:14 PM
#67
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 and the Altcoins are very complicated, even the definitions and acronyms can vary, but there are a whole set of standards to adhere to varying from security protocols to working the clients and advanced features such as Staking and Masternodes (With Proof or Stake)

There is much to learn, but a little at a time and each day will all add up to a working knowledge of Crypto and it's differations.


Sometimes this assumed barrier can stop advancing ourselves and others, there is an absolute wealth of information available from wiki articles, reviews on products, statistics and so on.


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