What is The actual senses about bitcoin for common people ? - page 6.

speedy963

sr. member

Activity: 631

Merit: 253

Quote from: Sled on July 14, 2018, 08:34:33 PM

Quote from: 112tigra112 on July 14, 2018, 04:39:00 PM

Quote from: Wong owah on June 22, 2018, 07:51:26 PM

bitcoin will never disappear, maybe bitcoin prices are waiting for next month to restore bitcoin prices to recover, now all we have to do is be patient, and if bitcoin price goes up we have to trade really.

I agree with you. The best way to earn is holding. We all must be patient is a bitcoin and wait for the future profit.

Holding is not always the best way to earn because just imagine if you buy bitcoin when the price of bitcoin is more than $15,000 then you hold it until now then you can imagine that the price of bitcoin goes down and you are in a huge loss now so it is not always about holding, it is about analyzing and entering at the right time.

Well it is also a different story if you are an early adopter and you have experience this kind of phenomenon, still you are not losing anything but instead you are still on the winning side of the game, but it doesn't also mean you wont be patient with your investments.

Matic

full member

Activity: 310

Merit: 100

https://eloncity.io/

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.

Bitcoin is very easy to use. But it's unlikely that millions of people will accept a new form of money. But I believe that the virtual currency has a number of advantages: increasing confidence, reducing control by governments and banks over the money supply, anonymity, as well as reducing the commission for online purchases and money transfers.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: 112tigra112 on July 14, 2018, 04:39:00 PM

Quote from: Wong owah on June 22, 2018, 07:51:26 PM

bitcoin will never disappear, maybe bitcoin prices are waiting for next month to restore bitcoin prices to recover, now all we have to do is be patient, and if bitcoin price goes up we have to trade really.

I agree with you. The best way to earn is holding. We all must be patient is a bitcoin and wait for the future profit.

Holding is not always the best way to earn because just imagine if you buy bitcoin when the price of bitcoin is more than $15,000 then you hold it until now then you can imagine that the price of bitcoin goes down and you are in a huge loss now so it is not always about holding, it is about analyzing and entering at the right time.

112tigra112

member

Activity: 238

Merit: 10

Quote from: Wong owah on June 22, 2018, 07:51:26 PM

bitcoin will never disappear, maybe bitcoin prices are waiting for next month to restore bitcoin prices to recover, now all we have to do is be patient, and if bitcoin price goes up we have to trade really.

I agree with you. The best way to earn is holding. We all must be patient is a bitcoin and wait for the future profit.

Matic

full member

Activity: 310

Merit: 100

https://eloncity.io/

Quote from: Sebas.tian on March 05, 2018, 08:55:41 AM

I asked my friends once if they're aware about the existence of digital currencies,and they told me that they're not but they probably heard it once on the news. I think it depends on the community that sorrounds an individual. Bitcoin was introduced to me last year because ofthe influence of my classmates. They encourage me to step in the world of crypto currencies to be able to earn money. I think some people doesn't want to talk about this kind of topic because they didn't want to think about the economic situation of their owm country.

Yep, you're right about the community. Only when the real people are talking to each other they can try to invest. Because in real time there are too much information about cryptocurrency. More of it has no sense.

lotsky123

newbie

Activity: 112

Merit: 0

To common people who are not exposed in online jobs would say nothing about bitcoin because they don't have knowledge and ideas on what this bitcoin thing is.But if somebody would tell them the importance of bitcoin in their lives and in the society I think it will attract more attention to them and they'll get interested into it and will find ways and means to learn and earn in cryptocurrency.

spongegar

full member

Activity: 476

Merit: 100

common people like online currency because it is a way to make money these days. it is a a sort of investment tutorial for beginners. now we all hope that the common people will get to know online currencies because they could use it for essential products and services in their lives and a better option for Fiat. to actually do that, us initial investors much actually work to stabilize online currency for this to happen.

weblouartisan

full member

Activity: 448

Merit: 100

Lets Go Adab

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.

People choose to work at home to earn crytpocurrency because it was more profitable and you do not need to pay for extracurricular fee's like transaction fee's and food or taxes, in this way they can have more income.

KingdomHearts

hero member

Activity: 896

Merit: 514

Quote from: legenduim on July 05, 2018, 03:04:09 AM

Quote from: queenlaurel on May 22, 2018, 03:54:20 PM

The actual sense about Bitcoin for common people it for them to have enough knowledge and understanding about it. This days people don't trust what they don't know about especially when it's online ad they don't know those that involved. What they need is proof and assurance that they can earn a living if they see fellow people making itand earning enough to take care of them and their family.

I suppose that common people need much knowledge about Bitcoin. They can deal with the cryptocurrency if they learn more about it. It will let these guys earn.

Quite right. There is still a lot number of people that need to understand the technology but there are huge restriction in the way as well. Some countries do not just recognize the technology due too their own interests. Others do not want to simply loose the tax money that the people pay as a result of setting up businesses.

If all the people came to know about the technology and understood it clearly, they will have the chance to earn easy money and improve their standard of living.

ThorWin

newbie

Activity: 218

Merit: 0

I think that is Korea and Japan, the two countries have the most impact on btc and now they are widely applied in the payment of goods and services.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

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.

Not that some people are being reluctant or whatever you might think, some of them just don’t trust any other thing except fiat. About 80% of the jobs you will find online today are all scam, yep that’s true. You can’t say that I’m not telling the truth, I know what I’m saying cause it has been a long time since I started business online.

There are lots of scammers everywhere and people no longer have trust for anything that is being done online. They prefer offline business and making use of the money they see.

talenah kotang

newbie

Activity: 182

Merit: 0

If in my area bitcoin serves as their work for ordinary people. already many know bitcoin in my area. bitcoin to be able to improve their economy.

pragna

full member

Activity: 1582

Merit: 101

At present time root level people are not aware about BTC. They do not know what is BTC actually. BTC is for faster people and maximum for young generation who are fast in information technology. They can gather knowledge from time to time. But who are not side by side of IT and present knowledge they can not think about BTC. They may hear about BTC but can not proceed into market. It would be very fruitful if middle age men can engaged into BTC market. Than radically the world will be changed.

luckyluigi

member

Activity: 239

Merit: 10

In my country when people are hearing "cryptocurrencies", they made me think about Bitcoin, and that's all that they know about cryptocurrencies. So I consider as my responsibility to make bitcoin and ethereum known.

nazaididuan1

jr. member

Activity: 350

Merit: 1

Ordinary people's feelings about BTC are things that are not available to an entity and are accepted by so many people and businesses!
Many merchants support bitcoin payments, plus steam games, Dell's computers, Microsoft's software can be paid with BTC!

boksoon

newbie

Activity: 266

Merit: 0

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.

Working at home through online payment basis is actually operated this time because of virtual digital system high-Technology but this is
only limited to the people who are familiar or let say expert to use computer. But for Bitcoin almost in urban area are familiar to use bitcoin here in the Philippines because some other area specially in rural area have no idea about bitcoin because of Internet signal problem.

patarfweefwee

member

Activity: 420

Merit: 14

I think it's more off the common people not knowing what to do with virtual currencies once they have them. You have to admit, there are very few establishments that actually cater to crypto currencies. The few that actually does targets mid to upperclass citizens. If we want the masses to know and buy and use crypto currency, then we should lay out it's uses for them

Matic

full member

Activity: 310

Merit: 100

https://eloncity.io/

Quote from: kive2k on July 01, 2018, 05:54:13 AM

I have for example very many acquaintances who are not that interested in bitcoin, they even hear the word for the first time

This suggests that bitcoin and crypto-currency are still very little known.

Yep you're right. Many people in the world are using fiat. They even cannot imagine about what does it mean crypto. Show popularity of digital money is still small.

icorecord

newbie

Activity: 28

Merit: 0

Quote from: Jating on February 10, 2018, 01:35:24 PM

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.

Even before when crypto doesn't exist, there are really a lot of online based project you can find around from simply survey to doing offshore work from different companies around the world.

But during the last few years, digital or virtual currency became to emerge as one of the choices for payment. Because bitcoin was really invented by Satoshi to be a peer-to-peer, meaning there are no third party involved. However, when it really became so popular, we face the issues of high tx cost and slow confirmations that makes people go to traditional payment such as wire transfer. But I'm sure that when Lightning Network is implemented, we may see it more adoptable for micro payments once again.

Lightning Network and other technologies that simplify micropayments and make a bridge for mass adoption will push the cryptocurrency. However we need to understand that micropayments and making crypto=fiat currency may have another side. Govs will not let it stay as it is because it direct confrontation with govermnet currency within a country. Accepting crypto as comodity has more future because it resolves basic confrontation between goverment money and cryptocurrency used as a payment method. Once it is considered a comody suddenly you just buy and sell it as any other digital good.

oo666oo

jr. member

Activity: 68

Merit: 1

I didn't really understand this OP, because of the poor English. Not clear why someone would want to merit it.

Topic: What is The actual senses about bitcoin for common people ? - page 6. (Read 2808 times)