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Topic: What do people around you think about Bitcoin ? - page 45. (Read 42995 times)

legendary
Activity: 1470
Merit: 1004
I am from India . my friend and relative actually don't know much about bitcoin , but when I try to explain them they said that it was stupid as instead of using bitcoin we can use PayPal and skill which has more security and the fraud people can easily be caught. They feel that there money is safe in there but according to me keeping the money in your account where it grows 5-6% anually we must invest some portion of our earnings in bitcoin because no one exactly konws what future holds for bitcoin.

Bitcoin is a VERY volatile e-currency which depending alot of the black market. Someone who put the money in BTC, must know that he can lose them.

Paypal and other similars are payment systems.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
Most people I know, when talked about Bitcoin say: "Yeah I have heard about that, it is dangerous they say", and then conversation does not go much further than that. They respond with "aham" or "uhum" to every thing you say.
newbie
Activity: 28
Merit: 0
I am from India . my friend and relative actually don't know much about bitcoin , but when I try to explain them they said that it was stupid as instead of using bitcoin we can use PayPal and skill which has more security and the fraud people can easily be caught. They feel that there money is safe in there but according to me keeping the money in your account where it grows 5-6% anually we must invest some portion of our earnings in bitcoin because no one exactly konws what future holds for bitcoin.
legendary
Activity: 1386
Merit: 1058
The most of people around me they just think that bitcoin won't be stable and it is not really sure what will happen to bitcoin.
That is why they are not using it. So I don't mind if they don't, but is just sad that I only know a few of people that use bitcoin.

Yes same here, Lots of people in my office, are not comfort with bitcoin, because of its volatility. And they think is a highly volatile kind of share market similar thing, that Bitcoin wouldn’t last, so most of them are afraid of investing into Bitcoin even I showed some proof on high returns.
sr. member
Activity: 294
Merit: 250
I am come from indonesia,people around me are really respect and little bit interesting about bitcoin,they think bitcoin is digital money like paypal,its also how we explain about bitcoin to them.but for now,they doesnt interest to adopt or use bitcoin,still lack of knowledge.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
My relatives think it's a ponzi for some reason...

My close friends are all interested, bit when I mention it to an acquaintance they either look at me, puzzled, or scoff and change the topic.
sr. member
Activity: 266
Merit: 250
They think it's a Ponzi... The media have been saying that for a long time, which is completely untrue.
hero member
Activity: 546
Merit: 500
still considers that bitcoin is an investment fraud
hero member
Activity: 700
Merit: 500
Most people around me don't even know what bitcoin is. If I try explain it to them, they just ignore me. I have given up on trying to spread bitcoin. I just use it myself.
legendary
Activity: 1120
Merit: 1004
my friends think its a currency mainly used for bad things lol. they don't see how its the perfect currency for the average person.

also they don't buy into it because its pretty hard to buy, all the verification that needs to be done scares them.

If you live in a country that has at least a small Bitcoin community, Localbitcoin could help your friends. I think this would be a good idea to tell them that they can buy it from other users just around them, maybe they would be more confident. Maybe it could bring them in the game Wink !
hero member
Activity: 756
Merit: 500
my friends think its a currency mainly used for bad things lol. they don't see how its the perfect currency for the average person.

also they don't buy into it because its pretty hard to buy, all the verification that needs to be done scares them.
hero member
Activity: 631
Merit: 500
Most people around me don't understand how it works, no matter how many times I've explained it to them.
Some do understand but don't feel comfortable taking this risk of getting into bitcoins.

Same here, That is the biggest problem I am facing too as many people around me are also not aware about the bitcoins and some of them have never heard about bitcoins so it becomes difficult to explain them about the bitcoins as they feel its a risky business to invest their money into bitcoins as they have feeling that bitcoins would not survive for a longer period of time and it has no future.
legendary
Activity: 1470
Merit: 1004
Most people around me don't understand how it works, no matter how many times I've explained it to them.
Some do understand but don't feel comfortable taking this risk of getting into bitcoins.

why would they try to understand if they are not "players"? The normal people are using credit/debit cards. They are protected, worldwide accepted, instant and free transactions.
if they run a "black" biz , I am sure they already use BTC. Smiley
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
they think that it's very difficult looking bitcoin and just a waste of time, but they do not know how easy it is to search for the bitcoin  Grin
full member
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
Most people around me don't understand how it works, no matter how many times I've explained it to them.
Some do understand but don't feel comfortable taking this risk of getting into bitcoins.
legendary
Activity: 1382
Merit: 1123
Hahaha my wife thinks I'm falling for a big scam. I'll get her there eventually! Any friends or family on either side think it's cool and always ask follow up questions. Some think it's amazing you can play games and earn some Satoshi, others just think the whole concept is cool. I think I'll have a few new users soon :-p

I'd say most people around here have heard of Bitcoins. I was really surprised that a few people from older generations knew about them. I mean, they don't understand them at all. They think a bitcoin group here in Canada somehow run 'the bitcoin business'.  Huh

Whenever my wife brings it up with her family to see if they think it's a scam i'm tol it is and why would someone pay me to test a website, or follow them on Twitter. Ohhh well... Some day...
newbie
Activity: 56
Merit: 0
I think people dont know bitcoin because they are boom
full member
Activity: 238
Merit: 100
So, what do people around you (relatives, co-workers, co-ed, friends...) think about Bitcoin ? Please, indicate your country, so this way I'll be able to make a synthesis about what people think about Bitcoin.

For me : I come from France. My relatives think that it's criminals' tool and that since they can't touch money they don't trust it (note that those same persons are pro-banks, where you can't touch money). My friends think that it is useless and that it has no future. Both of them agree that scare them the most is the Bictoin's price volatibility.

So not so positive Undecided. I hope that you aren't in the same situation.

Forget about others my own family members dont know about bitcoins.
My relatives , friends and my whole society never heard about bitcoins as well.
In my society / area I am the only one who knows and uses bitcoin currency and I came to know it by myself from search engine.

Everyone around me has no idea about this modern ecurrency
sr. member
Activity: 812
Merit: 250
I am from Indonesia. My family when I was a story about bitcoin they feel strange and do not know what it bitcoin. My friends who know say that the bitcoin bitcoin is unbelievably fun because it can add their pocket money, but my friends who did not know about bitcoin say that it is the very thing useless waste of time and waste. Maybe people should know first in order to be liked
hero member
Activity: 588
Merit: 500
I have a really good friend and he honestly doesn't think anything of it. He is quite aware that bitcoin has potential to have large monetary values in the future but he just doesn't seem to justify its application. I've invested a decent amount of money and wish to invest more but he thinks it is all going down the gutter. To each their own I will assume.  Roll Eyes
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