What is The actual senses about bitcoin for common people ? - page 10.

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

Quote from: fokinlipat on March 04, 2018, 10:04:34 AM

Quote from: nursahath07 on November 16, 2017, 01:41:30 PM

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

So far as Freelance work is concerned, people still prefer PayPal as payment medium because:

1) PayPal transactions are instant and thus most of the sellers demand it from the buyer. For instance, suppose a buyer needs an article written urgently. He will contact a content writer and pay him with PayPal so that he gets money instantly. In case of bitcoins, the transaction will take time and work will be delayed.

2) If a buyer pays in bitcoins and the seller fails to deliver, there is no protection for the buyer. PayPal allows charge backs.

Point two is probably the most important one. And underlying that of course is that people are more comfortable with centralization than decentralization. We live in a society where there is an expectation that people who act unfairly will face consequences, and that the centralized payment facilitators who process transactions will operate fairly. If that weren't the case, companies like PayPal, Visa, MasterCard, Square, etc. wouldn't exist. Accountability is more important to keeping the financial economy working than decentralization.

jayhawk1

full member

Activity: 352

Merit: 100

Quote from: jinxing on March 03, 2018, 11:45:21 PM

With the advancement of technology and the internet, people are now beginning to be enthusiastic and curious to know much about bitcoin. Because bitcoin has proven to be very beneficial and productive. So now ordinary people want to participate in bitcoin.

Now-a-days, things are not that much in favor of bitcoin as they need to be as still there are number of people who are still unaware of the bitcoin and that they have some negativity in their minds as well regarding bitcoin. Till the time, they will not be able to see the real picture of the bitcoin, things will not change and that we all need to do actually in order to help bitcoin in having better reputation.

Direwolve735

full member

Activity: 448

Merit: 232

I am sure that most people regard Bitcoin with distrust, despite the growing popularity of this crypto currency around the world. They are not interested in digital money at the proper level. People regard Bitcoin as an easy way to earn money and improve their own financial situation. I believe, in part, this is because there is little simple and understandable information about bitcoin. People do not understand what it is, so they remove bitcoin from their lives.

anavir

member

Activity: 350

Merit: 12

big profit and a good business are the actual senses about bitcoin for common people...let us face it unlike other businesses that if you fail now you have to put another capital in order to stand again but in btc,if you are patient,you don't have to put another capital to bring what you losses,just wait the price to regain its value so you earn profit of what you have invested.

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: DRVX on March 04, 2018, 05:09:59 AM

Quote from: Kizaki on February 21, 2018, 12:53:19 PM

Most people see bitcoin as their gate way to become rich and to earn a lot. I really think that people can really earn a lot through it, however, it's not the main purpose of bitcoin. Bitcoin was created to ease transactions through the use of block chain technology. Investing on bitcoin without full knowledge about it and it's main purpose of it will just lead you to wrong investment choices because of bitcoin price volatility. Most newbies would buy bitcoin and panic during market crash and end up blaming bitcoin for their losses.

I might disagree here with you. Most people cannot even imagine what it is - digital money. For them Bitcoin is something very unreal, they have a vague understanding of it. Only 10-20% can really understand BTC importance.

I think they need for some assistant and education about bitcoin, That is a fact that still in most of the places specially in power countries people do not have enough knowledge about bitcoin, but it is also a fact that bitcoin is now becoming popular even in backward countries. Therefore we can hope that even the people from the backward countries they will very soon get interest in bitcoin and will start getting profit form it.

spyerf

full member

Activity: 378

Merit: 103

Many bitcoin enthusiasts today can not be separated from the great promotions of old developers and users who use them, all the conveniences and advantages users gain in changing their economies, so that people feel attracted to profit from investing in bitcoins.

dzhan

sr. member

Activity: 743

Merit: 250

I think most people around the world still having wrong and negative ideas about Bitcoin. Governments, Media and banks still fighting BTC and spreading fake news and stories about it, and people trust media and banks nowadays and believe them. Thats why the Bitcoin's community have to make additional effort promoting BTC and teaching people the right infos about it.

fokinlipat

jr. member

Activity: 187

Merit: 2

Quote from: nursahath07 on November 16, 2017, 01:41:30 PM

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

So far as Freelance work is concerned, people still prefer PayPal as payment medium because:

1) PayPal transactions are instant and thus most of the sellers demand it from the buyer. For instance, suppose a buyer needs an article written urgently. He will contact a content writer and pay him with PayPal so that he gets money instantly. In case of bitcoins, the transaction will take time and work will be delayed.

2) If a buyer pays in bitcoins and the seller fails to deliver, there is no protection for the buyer. PayPal allows charge backs.

Jerald

full member

Activity: 293

Merit: 107

Like me as an ordained person since I knew bitcoin in my life I felt that I felt great happiness because by bitcoin I helped my family with their needs every day so much thanks to bitcoin.

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

What I understand by "common people" is that they are normal people? If that is the case, then I agree with you because even in my country, people are more interested in sitting at cafes, talking about news, movies, politics, and so on. However, many skilled people are victims to these people because they influence them.

So if you talk to them about bitcoin, they will be uninterested and deem you to be a fool. But if you happen to come across someone who is influenced by these people and talk to him about bitcoin, he definitely will be of use.

DRVX

hero member

Activity: 966

Merit: 500

Quote from: Kizaki on February 21, 2018, 12:53:19 PM

Most people see bitcoin as their gate way to become rich and to earn a lot. I really think that people can really earn a lot through it, however, it's not the main purpose of bitcoin. Bitcoin was created to ease transactions through the use of block chain technology. Investing on bitcoin without full knowledge about it and it's main purpose of it will just lead you to wrong investment choices because of bitcoin price volatility. Most newbies would buy bitcoin and panic during market crash and end up blaming bitcoin for their losses.

I might disagree here with you. Most people cannot even imagine what it is - digital money. For them Bitcoin is something very unreal, they have a vague understanding of it. Only 10-20% can really understand BTC importance.

syaripudin

sr. member

Activity: 672

Merit: 253

CryptoTalk.Org - Get Paid for every Post!

Basically to join the world of cryptocurrency known in detail about the bitcoin that must be owned because if not based on knowledge of bitcoin of course they will not be able to distinguish the activity of trading or other activity. This is the basic process that must be possessed by people who want to join bitcoin world besides beginners who want to join bitcoin world should know about market share which is sometimes up and down so that they will know about profit and also losses earned.

jinxing

member

Activity: 276

Merit: 11

With the advancement of technology and the internet, people are now beginning to be enthusiastic and curious to know much about bitcoin. Because bitcoin has proven to be very beneficial and productive. So now ordinary people want to participate in bitcoin.

Jose Rizal

full member

Activity: 273

Merit: 100

Quote from: Husein01 on February 09, 2018, 08:45:16 PM

Now many people are interested in the online currency because of the popularity and good results of course the benefits are also very great for their financial economy. I think the layman will not question any payment media as long as it's a mutual agreement. whether it is currency or online currency

O agree with that, before they see Bitcoin as a threat something that will never help them to increase thier financial assistance , a total crap and entirely a scam, but when it was introduced by different aeticles and Blog with the used of the social media I bet they have learn enough and they have gained something that is knowledge and information regarding this platform. Sometimes we should be open to try before to utter accusations.

zeref22

newbie

Activity: 57

Merit: 0

This simply means that the more bitcoins one will mine, the richer that person will be (much like gold). Like any other currency, Bitcoin rewards labour (mining). People work to earn money, which is the reward for the amount of work they do.

In the silence

sr. member

Activity: 1297

Merit: 294

''Vincit qui se vincit''

Quote from: nursahath07 on November 16, 2017, 01:41:30 PM

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

Common people only know that virtual currency is like a bank in your phone, in terms of cryptocurrency they only knew that it is like a money that grow everyday without doing anything, still the same money.

Tapyaks72

member

Activity: 490

Merit: 28

Quote from: naidray on March 02, 2018, 08:40:04 AM

Quote from: Husein01 on February 09, 2018, 08:45:16 PM

Now many people are interested in the online currency because of the popularity and good results of course the benefits are also very great for their financial economy. I think the layman will not question any payment media as long as it's a mutual agreement. whether it is currency or online currency

The benefits are definitely huge and we cannot discard that fact. So many times a lot of people have gotten in a very short period of time what they would not have imagined getting at all in the long run. These are some of the things that have made common people to get more attracted to bitcoin and in the actual sense like the OP said, it is seen as a way to give them freedom from their struggling life.

Bitcoin in itself has really solved a whole lot of problem for the common people and for those who are trying to even find a way to make a living. We all know how a lot of common people have been liberated as a result of being a part of the cryptocurrency world. We cannot change the fact that most common people are here because they really are in dire need of changing their status and that is how they perceive it.

As what I had seen crypto currency is starting to reaches people in the country side or to the peoples who are less fortunate good thing with crypto currency many people talking about it and even give bounty for the people who willing to promote ICO if people will earn from bounty Im sure it’s a big help to their family.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: nursahath07 on November 16, 2017, 01:41:30 PM

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

Cryptocurrencies can be beneficial in several ways to the average person. For example, someone in a country that has high inflation could store money in Bitcoins and most likely will be better off because generally Bitcoin gains in value over time whereas their country’s fiat currency is losing value over time. So just as a store of value, cryptocurrencies can have a place.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: Husein01 on February 09, 2018, 08:45:16 PM

Now many people are interested in the online currency because of the popularity and good results of course the benefits are also very great for their financial economy. I think the layman will not question any payment media as long as it's a mutual agreement. whether it is currency or online currency

The benefits are definitely huge and we cannot discard that fact. So many times a lot of people have gotten in a very short period of time what they would not have imagined getting at all in the long run. These are some of the things that have made common people to get more attracted to bitcoin and in the actual sense like the OP said, it is seen as a way to give them freedom from their struggling life.

Bitcoin in itself has really solved a whole lot of problem for the common people and for those who are trying to even find a way to make a living. We all know how a lot of common people have been liberated as a result of being a part of the cryptocurrency world. We cannot change the fact that most common people are here because they really are in dire need of changing their status and that is how they perceive it.

El_rancho

jr. member

Activity: 84

Merit: 1

Much of the common people have already heard about bitcoins, with the continuous talks, coverage's and advertisements everywhere
and not to mention it's actual changing market price, almost everyone has learned about it. But a lot haven't really understood quite
much of it, they safely assume it to be similar to Forex and stocks exchange and trading. In a sense it does have a bit of resemblance.
This interest about bitcoins and cryptocurrency is growing, because people always expect to associate it with money and profits. Which
is also entirely true, sooner or later common people would be highly aware and be well informed about everything that's going on with bitcoins.

Topic: What is The actual senses about bitcoin for common people ? - page 10. (Read 2808 times)