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Topic: Some till don't understand crypto and bitcoin - page 4. (Read 1204 times)

full member
Activity: 325
Merit: 100
SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?
If we know Bitcoin well. I think it won't be able to attract many investors. In my opinion, when Bitcoin rises and falls, it is more or less affected by global politics and economic instability that makes Bitcoin unpredictable.
hero member
Activity: 966
Merit: 500
those who understand crypto and bitcoin are only young people, and some adults,
it can be said that 70% of young people, and 30% of adults,
this is what makes crypto currency still not very popular, wait until Bitcoin is heard by everyone.
I think bitcoin is still not mature enough as a big market, but I'm sure that with the many adoptions that occur, bitcoin will be increasingly recognized by many people and its value will also increase.
full member
Activity: 728
Merit: 131
SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

Perhaps, this will be based on the instinct of the individual dude. Remember, whether Bitcoin or cryptocurrency are both not easy to understand.
Besides, there's no shortcut here for us to earn in the fastest way too. And our success here is not like a lucky of fortune, we really need to learn a lot about here in this field of business industry.
sr. member
Activity: 1680
Merit: 263
Bitcoin or cryptourrency is difficult to understand because it is anonymous, has no third party or the term cannot be regulated by anyone. In fact, not just an ordinary person, but myself, who has been here for a long time, is still a little confused about the ins and outs of the creation of bitcoin and how this blockchain can be made. yes, but the point is i enjoy what satoshi has made.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
The hardship or difficulty of a certain individual to understand Bitcoin relies on how he perseveres and shows interest on learning and understanding the essential information he must know to better have prior knowledge about Bitcoin as well as other cryptocurrencies existing on the market. People are always up into the price and value that Bitcoin possess but are not interested on learning more about it because they were just after the benefits they can attain specially talking about taking profits from it. If you as an individual do really want to get into Bitcoin, you must be patient on knowing what Bitcoin really is before doing any engagement. Show some interest on learning it for you will be using those knowledge all throughout your Bitcoin journey. As long as people is interested on learning, nothing is impossible for him to understand what Bitcoin really is together with other cryptocurrencies as well.
full member
Activity: 2548
Merit: 217
SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?
Is this really the statement?i think you should Quote the said sentences for clarification because i think it is not crypto that being mentioned but "BlockChain"?

Cryptocurrencies are being represented By all existing currency though the the Leader obviously is bitcoin.

I stand to be corrected but thats the way i understand the Statement of that CEO unless he is a sleep talker and just opening His mouth not knowing His own words.
newbie
Activity: 518
Merit: 0
All crypto market is becz of bitcoin Shocked
full member
Activity: 1820
Merit: 107
SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?

I think the main reason why some people are still in a hard time to understand Bitcoin because they still believe the old accusation about Bitcoin, that it has not back by something to inherent value, thats why until now many people are still avoiding Bitcoin as a form of investment because they are afraid that it will lose its value over time. things like that are very common in the crypto space.
member
Activity: 1764
Merit: 10
Many people still cannot understand what bitcoin is and why bitcoin was created, and every person, of course, has his own opinion, but the main thing is that those people who work in the cryptocurrency field understand for what bitcoin was made and this is of course the most important thing, yes and in general, who cares what SoftBank CEO says, let him say what he wants.
jr. member
Activity: 79
Merit: 1
you can't blame him and others that are yet to comprehend bitcoin and how it works. sincerely, the concept of bitcoin and cryptocurrency is still a mystery to many people around the world. it will take time of studying and awareness before many can fully comprehend bitcoin, cryptocurrency and even blockchain technology that bitcoin and other cryptocurrencies are built on.
full member
Activity: 1750
Merit: 118
when he say crypto is useful he was also saying that bitcoin is useful because crypto and btc are one . btc is easier because it was first . using altcoins needs extra knowledge but both btc and alts are understandable in the long run of learning  .

crypto without bitcoin is still a crypto but other crypto gets all the idea in btc. i dont find it offensive but im glad that there is another bank that are also talks about btc . banks are now joining the force of cryptocurrencies
hero member
Activity: 2282
Merit: 505
That's true, most individuals out there don't even know what they stand for in order to relate them, they keep misleading the public with thier posts and even those who do understand do not really know what blockchain entails
this time a lot of things have changed. More billionaires come for bitcoin and his statement is nothing. Just look at this news https://www.cnbc.com/2020/08/11/softbank-2020-results.html

Softbank is not a proplayer in investing into the right instrument. This guy didn't know what has been doing by another companies who have been investing in bitcoin like square.
he will regret his statement about bitcoin.
member
Activity: 753
Merit: 15
mulierum.com
I am sure that they actually know Bitcoin but they are still confused about why BTC. Why BTC has that kind of high price whereas it is not used for any project or product and they are also afraid of the volatility of the Bitcoin. We know that BTC has the highest volatility in the crypto world compared to other cryptocurrencies. Well, it is just a mater of time before they are aware that they are too late to believe in BTC  Grin
hero member
Activity: 2716
Merit: 698
Dimon69
Well to be honest to all members here in the forum, Bitcoin or Cryptocurrency is only belong to those people who are capable to use internet, no matter how the individual here has an interest to know about in Bitcoin without internet it will be useless and no chances for them to understand what Bitcoin and crypto all about. Second, if ever they have an internet and they are capable in, if they don't have passion, determination, and dedication it will still be useless, that's what I learned and understand about them both(Bitcoin and Crypto).
This era is Internet depended so it's not that hard to research what bitcoin really is, it's just many mighy already sees it thru ads but did not want to put any attention as some sees it as scam or not into investment risk at all. Only those who can handle loss and risk of loss or failed in trading will eventually have a good profit in crypto or bitcoin.
hero member
Activity: 3080
Merit: 603
SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin?
It isn't hard to understand. Did the Softbank CEO said that it's hard to understand? As you have said Softbank, they've just put their assets into cash. It is possible that this cash will flow into crypto or they'll invest it in bitcoin? no one knows.
Masayoshi Son says SoftBank now has ‘$80 billion in cash on hand’ just in case
SoftBank CEO Masayoshi Son says he’s hoarding cash to prepare for ‘worst case scenario’
hero member
Activity: 2534
Merit: 605
SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is find bitcoin hard to understand? What's your thought on this?
We obviously do not feel like it is hard to understand bitcoin, if you haven't read bitcoin whitepaper you might find it difficult to understand but if you are here on bitcointalk you either already read the whitepaper, or even if you haven't you have at least spent enough time to see what it is. So, we are talking about something that is not going to suddenly make us feel like we don't know what we are doing.

However it is going to take a while for others to catch up, not everyone understands bitcoin the way we do and because they do not understand it, sometimes they say stuff that makes no sense at all. Obviously saying something like "crypto will be useful but bitcoin is hard to understand" has no idea what they are talking about at all.
full member
Activity: 1004
Merit: 111
Well to be honest to all members here in the forum, Bitcoin or Cryptocurrency is only belong to those people who are capable to use internet, no matter how the individual here has an interest to know about in Bitcoin without internet it will be useless and no chances for them to understand what Bitcoin and crypto all about. Second, if ever they have an internet and they are capable in, if they don't have passion, determination, and dedication it will still be useless, that's what I learned and understand about them both(Bitcoin and Crypto).
hero member
Activity: 2926
Merit: 567
I don't see the source of the article so I extract it on Cointelegram
Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO

What he don't understand is the volatility, he is an investor of Bitcoin since 2018
Quote
Son reportedly bought Bitcoin when it was near its historic high of $20,000 in December 2017. As previously reported, Son allegedly lost millions by selling the cryptocurrency in early 2018 when the Bitcoin price subsequently started plummeting.
.

We can understand where he is coming he is a victim of FOMO buying and selling at the wrong time.
sr. member
Activity: 1918
Merit: 268
Vave.com - Crypto Casino
without other crypto bitcoins there will never be and crypto names too, bitcoin is easy to understand depending on how they look at it, Ceo softbank doesn't want to learn bitcoin maybe because of its high value so he's lazy to read it, but back again that there is no crypto without bitcoin, sister my 15 year old man now understands bitcoin now
member
Activity: 216
Merit: 10
Live, Hope, Win
That's true, most individuals out there don't even know what they stand for in order to relate them, they keep misleading the public with thier posts and even those who do understand do not really know what blockchain entails
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