What's the view of an average citizen About crypto currencies - page 3.

2Pizza410000BTC

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Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

The future of crypto currencies is unknown, but it is a new generation of Money which is already replacing the paper currency, especially Bitcoin been the most popular and successful among other crypto currencies so far, bitcoiners need to know that currently Bitcoin is trading low from its all time high, Bitcoin should not be viewed as a short term Investment, but should be seeing as a long term life changing investment due to its liquidity and high returns when trading high.
Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

People who heard about Bitcoin 10 years ago and experienced using Bitcoin now not only regret Bitcoin but seriously regret it. The only regret we have from our side is that if we had known about Bitcoin earlier, it might have been better for us. If there is so much regret left among us then how much regret is accumulated among those who learned about Bitcoin 10 years ago. But we may not think anything from the position that Bitcoin is in now, but in 10 years from now we will regret Bitcoin.

Gladitorcomeback

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Bitcoin is a successful Currency and no one can deny this fact but it cannot replace fiat currency because in our daily uses we use fiat currency more than a bitcoin. Well bitcoin is a currency but more than as a currency it used as investment tools for increasing money so I think people will rarely use it as a currency.

If we talk about the success of bitcoin then yes bitcoin was not such a successful Currency in past but now people know about its success and everyone wishes to put some money into it. As people are now regret to miss the chance of investment in Bitcoin when the price was low at start then I think they will also regret in future if they miss out this current opportunity of investment because in coming years we will not see the lower price that was in previous years.

LesterD

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Quote from: Vinaa77 on February 01, 2024, 05:01:13 AM

Quote from: LesterD on January 31, 2024, 12:17:11 PM

If you want to explain the basics of Bitcoin to someone, providing basic information is sufficient. If the person is interested in Bitcoin, they will likely seek out more helpful information to better understand it. It is also important for them to learn how to properly find information on the internet. Avoid spoon-feeding others, as they need to develop their understanding and skills.

Those who want to know about Bitcoin will of course look for various kinds of information about how to collect it and how to make a profit from what they collect, because if they only listen to explanations from other people and they have no interest in having knowledge about Bitcoin, of course they will just listen what we say and will not care about what we explain.

Seeking our own knowledge about Bitcoin is very important, we will be able to learn what we know and what we don't yet get from explanations that tell us about Bitcoin, because it is impossible for people to teach us everything about Bitcoin that they know and we need to find out for ourselves. and if we encounter problems we can ask the friend who taught us.

Do you mean people actually prioritize searching for ways to make money over learning how the technology functions? Rather than diving straight into information on how to make money, it is more appropriate for them to comprehend the risks involved. The more they understand the risks, the better equipped they are to make informed decisions.

bettercrypto

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Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

The future of crypto currencies is unknown, but it is a new generation of Money which is already replacing the paper currency, especially Bitcoin been the most popular and successful among other crypto currencies so far, bitcoiners need to know that currently Bitcoin is trading low from its all time high, Bitcoin should not be viewed as a short term Investment, but should be seeing as a long term life changing investment due to its liquidity and high returns when trading high.
Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

I just want to correct you on something else. You said that if you mentioned that cryptocurrency is a new generation of money that is already replacing paper currency, When you say this, we are not yet at the stage where cryptocurrency has replaced paper money, so don't be fooled by what you say.

Maybe it can be said that cryptocurrency in our generation today is one of those that gives people opportunities that can be used to make money. But not to the point that paper currency has been replaced; there is no news yet that crypto has replaced paper or fiat currency.

lizarder

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Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

Something that is quite surprising if anyone thinks this is something new unless they don't know bitcoin and how to run it. Bitcoin has achieved worldwide adoption where many people consider it to be one of the best investment assets and its power is much stronger when used as a long-term investment. Bitcoin changes many things for people because the financial freedom we get is much more independent and does not need to involve other people, the power of Bitcoin has shown big changes especially for those involved in it.

There is nothing to worry about the journey of bitcoin because as time goes by people will realize many things about its advantages. Now that we have seen how many people have taken this approach to bitcoin and it is growing, this is showing a positive side as we are starting to realize that bitcoin can provide a sense of security storing value in the long term.

eightdots

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Quote from: boyptc on January 11, 2024, 06:23:08 PM

People must stop comparing from the all time highs and check that all time lows, I think with that perspective, you'll get a better view about Bitcoin.

But we're all in agreement here. I've talked to my friends and when they've heard that Bitcoin has been increasing dramatically, they've approached me.

So, this is for the perspective of average citizens but don't own any Bitcoin. They will just like it when it pumps but when it dumps, they'll leave you alone.

One of the sentences we should tell people who ask us about Bitcoin is "Checking the all-time lows." We always focus on the top and sometimes we can run out of words to say. What you say may help look at Bitcoin from a different perspective.

One of the things needed to explain Bitcoin to those around us is how curious they are. If they are truly curious, they can understand and analyze Bitcoin better when we explain it to them. What they do next is entirely up to them.

MFahad

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Quote from: Volimack on January 31, 2024, 12:34:10 PM

Everyone has a different view on cryptocurrencies it's good to introduce what I know about bitcoin. But if someone is not interested to know about crypto currency then it is never possible to convince him about crypto currency. Interested individuals have a lot of needs they find helpful information by researching different sites through their own experience. You have to go ahead in your own research by knowing its main points.

It depends on your convincing abilities, however, there is no point in spending time with people trying to convince them about Bitcoin or cryptocurrencies if they don't have any interest in them. It is not our responsibility to educate every single person about Bitcoin or cryptocurrencies and make them realize that it's a good technology and innovation and that it can be beneficial for them if they adopt it on time and invest money when the price is low.
Those who have some interest will try and learn everything themselves without requiring someone else to spoonfeed them every single point and make them learn what Bitcoin and cryptocurrencies are, how they work, how they are stored, etc.

KiaKia

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There are so many people who don't want to work online still, and when something like digital currency comes to their notice they believe it to be completely scam, without any research, something doing better than Fiat money can't be digest for them, this is what is happening in my environment, most still don't want Bitcoin.

Those who do are on a race of making life changing money in a short period of time, that's why some are getting into scam cloud mining, which I tried to confuse them but since some are getting payouts they strongly believe in the projects, average investors mind is on a race, all the time.

I was like this when I started investing in Bitcoin, when price dumps I get panic and fear for my money, but after seeing a bull market I get to understand that this whole Bitcoin investment is like seasonal money making idea, it's for the patience investors and it always serves them right.

Vinaa77

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Quote from: LesterD on January 31, 2024, 12:17:11 PM

If you want to explain the basics of Bitcoin to someone, providing basic information is sufficient. If the person is interested in Bitcoin, they will likely seek out more helpful information to better understand it. It is also important for them to learn how to properly find information on the internet. Avoid spoon-feeding others, as they need to develop their understanding and skills.

Those who want to know about Bitcoin will of course look for various kinds of information about how to collect it and how to make a profit from what they collect, because if they only listen to explanations from other people and they have no interest in having knowledge about Bitcoin, of course they will just listen what we say and will not care about what we explain.

Seeking our own knowledge about Bitcoin is very important, we will be able to learn what we know and what we don't yet get from explanations that tell us about Bitcoin, because it is impossible for people to teach us everything about Bitcoin that they know and we need to find out for ourselves. and if we encounter problems we can ask the friend who taught us.

Blitzboy

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Quote from: Smack That Ace on January 31, 2024, 12:44:08 AM

Quote from: Vaskiy on January 30, 2024, 02:23:27 AM

Quote from: Smack That Ace on January 30, 2024, 12:40:16 AM

Quote from: Kelvinid on January 29, 2024, 09:30:04 PM

Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

Despite the positive output of Bitcoin, many people are still not yet convinced and always think it was a scam or a Ponzi Scheme. But no urge the change their mind nor I would say they will regret it because that was their views and market opinion as well. Once a person is negative, it is hard for them to change but rather stay against it.

Although Bitcoin is popular now, it is not enough to drag people's attention. It is to say that those who want to invest will invest but those who are not are free to leave negative comments.

We can't blame them, although bitcoin has had certain achievements, it is still a highly volatile asset, susceptible to price manipulation. So, for those who prefer safety, bitcoin is clearly not their choice. If you notice, most people who invest in bitcoin are people willing to take risks, people who want to get rich with little capital, get rich quickly...As for those who have become rich, it is understandable that they have no reason to risk investing in bitcoin.

People who are rich enough don't prefer to take risks with bitcoin because the volatility could make a huge difference in their net worth. As said, bitcoin is much preferred by the common people who live with their daily earnings and by people who want to move to the next level of living. When we want to achieve something, we need to sacrifice as well as have the ability to take risks. This way, bitcoin has turned out to be a favorite of more common people than rich ones.

Compared to the past, people are much more aware of bitcoin. I've explained to people about bitcoin years ago, and none had any idea about it. Now people who don't have much knowledge about technology and smart development are also aware of cryptocurrencies, which is real progress.

After all, everyone has different economic conditions and circumstances, so we cannot criticize or blame anyone if they do not invest in bitcoin. Furthermore, bitcoin is one of millions of ways to make money in the world, not the only one. Many people don't even know bitcoin and don't care what bitcoin is but they still have a better life than many bitcoin investors. They are richer than us, what right do we have to laugh or criticize them when they don't invest in bitcoin?

In addition to rich people who do not need bitcoin, there are also people whose income is not too high and they are struggling to take care of their daily lives. They don't have enough money they can afford to lose, so how can they invest in bitcoin? Bitcoin is an investment that can bring profits but can also cause us losses, there is no 100% guarantee that investing in bitcoin will not cause losses.

Money is personal and contextual. In my experience, investment tactics vary based on risk tolerance and circumstances.

Bitcoin isnt vital for wealth generation. Numerous financial growth options dont require bitcoin's funding or risk attitude. Watching bitcoin-agnostic people succeed elsewhere is intriguing. Success stories demonstrate the variety of investment and life choices.

Hence, bitcoin debates must be humble and open. With all its potential, Bitcoin is part of a financial ecosystem where different tactics satisfy different demands. Bitcoin is a great investment, but its just one approach to achieve financial security. You may learn a lot from how people handle their economic situations.

Volimack

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Everyone has a different view on cryptocurrencies it's good to introduce what I know about bitcoin. But if someone is not interested to know about crypto currency then it is never possible to convince him about crypto currency. Interested individuals have a lot of needs they find helpful information by researching different sites through their own experience. You have to go ahead in your own research by knowing its main points.

LesterD

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Quote from: pinggoki on January 31, 2024, 02:57:49 AM

In my experience, they're curious enough to learn more about it especially the money making part but that's the part where I stop explaining stuff because I want them to know that it's not fun and games to learn about bitcoin and that if they get into it, they're going to be experiencing lots and lots of emotions. I also don't like talking too much about it so I introduce them the basics and tell them that it's not all good when you invest in bitcoin and that they need to do their own research if they want to go further because I don't want to be responsible for what they may come to be when they invest, so far no one's mad at me for introducing them to bitcoin.

If you want to explain the basics of Bitcoin to someone, providing basic information is sufficient. If the person is interested in Bitcoin, they will likely seek out more helpful information to better understand it. It is also important for them to learn how to properly find information on the internet. Avoid spoon-feeding others, as they need to develop their understanding and skills.

Y3shot

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Quote from: PX-Z on January 11, 2024, 07:52:14 PM

In my area people view bitcoin as kind of investment, people around the circle of my family knew i invest and have knowledge in bitcoin and crypto so they tend to ask me whatever they have in mind. They are somewhat shock when i'm telling them you can pay things online and offline using bitcoin because they just see bitcoin as just like stock.

Bitcoin is just more than an investment. Bitcoin is money that can but a quality money that can be invested. Many people see bitcoin more to be invested because of it value. They prefer to spend their traditional currency instead to spend bitcoin because it is seen as waste because this same money can be invested to gain more bitcoin after sometime. In my own view I see bitcoin just more than a money but also a type of investment .

Dimitri94

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Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

The future of crypto currencies is unknown, but it is a new generation of Money which is already replacing the paper currency, especially Bitcoin been the most popular and successful among other crypto currencies so far, bitcoiners need to know that currently Bitcoin is trading low from its all time high, Bitcoin should not be viewed as a short term Investment, but should be seeing as a long term life changing investment due to its liquidity and high returns when trading high.
Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

People's needs have also changed with the change of era. The people interest in gold has gradually started to decline where Bitcoin is considered a symbol of financial freedom by the new generation due to its decentralized nature. Where earlier people would never dream of transferring money without the support of a third party, they are now seamlessly able to transfer money as they wish without any restrictions. The only contributor to this freedom is Bitcoin. Bitcoin has freed every human being from centralization. While governments around the world are trying to control Bitcoin by outlawing it, public confidence in Bitcoin is growing and people are expressing confidence that Bitcoin will form a reliable foundation globally in the future.

pinggoki

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In my experience, they're curious enough to learn more about it especially the money making part but that's the part where I stop explaining stuff because I want them to know that it's not fun and games to learn about bitcoin and that if they get into it, they're going to be experiencing lots and lots of emotions. I also don't like talking too much about it so I introduce them the basics and tell them that it's not all good when you invest in bitcoin and that they need to do their own research if they want to go further because I don't want to be responsible for what they may come to be when they invest, so far no one's mad at me for introducing them to bitcoin.

Smack That Ace

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Quote from: Vaskiy on January 30, 2024, 02:23:27 AM

Quote from: Smack That Ace on January 30, 2024, 12:40:16 AM

Quote from: Kelvinid on January 29, 2024, 09:30:04 PM

Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

Despite the positive output of Bitcoin, many people are still not yet convinced and always think it was a scam or a Ponzi Scheme. But no urge the change their mind nor I would say they will regret it because that was their views and market opinion as well. Once a person is negative, it is hard for them to change but rather stay against it.

Although Bitcoin is popular now, it is not enough to drag people's attention. It is to say that those who want to invest will invest but those who are not are free to leave negative comments.

We can't blame them, although bitcoin has had certain achievements, it is still a highly volatile asset, susceptible to price manipulation. So, for those who prefer safety, bitcoin is clearly not their choice. If you notice, most people who invest in bitcoin are people willing to take risks, people who want to get rich with little capital, get rich quickly...As for those who have become rich, it is understandable that they have no reason to risk investing in bitcoin.

People who are rich enough don't prefer to take risks with bitcoin because the volatility could make a huge difference in their net worth. As said, bitcoin is much preferred by the common people who live with their daily earnings and by people who want to move to the next level of living. When we want to achieve something, we need to sacrifice as well as have the ability to take risks. This way, bitcoin has turned out to be a favorite of more common people than rich ones.

Compared to the past, people are much more aware of bitcoin. I've explained to people about bitcoin years ago, and none had any idea about it. Now people who don't have much knowledge about technology and smart development are also aware of cryptocurrencies, which is real progress.

After all, everyone has different economic conditions and circumstances, so we cannot criticize or blame anyone if they do not invest in bitcoin. Furthermore, bitcoin is one of millions of ways to make money in the world, not the only one. Many people don't even know bitcoin and don't care what bitcoin is but they still have a better life than many bitcoin investors. They are richer than us, what right do we have to laugh or criticize them when they don't invest in bitcoin?

In addition to rich people who do not need bitcoin, there are also people whose income is not too high and they are struggling to take care of their daily lives. They don't have enough money they can afford to lose, so how can they invest in bitcoin? Bitcoin is an investment that can bring profits but can also cause us losses, there is no 100% guarantee that investing in bitcoin will not cause losses.

Ryu_Ar1

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Bitcoin is the new generation of money that has replaced paper money? I don't feel that until now because after all, if you look at the conditions until now bitcoin is still bitcoin as an alternative not as a substitute so I don't see that there is a change in this especially for Fiat.

Bitcoin is indeed until now they are still one of the prima donnas that is quite popular in some circles, especially with the movement of bitcoin which seems to have shot up when their covid is clearly very well known to many people in various regions now but that does not mean they have replaced paper money because in my opinion such things do not exist and may not even happen.
Although indeed in the end in the future paper money does not exist but that does not mean it is replaced by bitcoin because bitcoin exists today not as a substitute but as an option.

Silver005

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The average citizen's view of cryptocurrencies is likely to vary depending on their level of knowledge and experience with the technology. For those who are familiar with cryptocurrencies, they may view them as a revolutionary technology with the potential to disrupt traditional financial systems. Others may view them as risky and volatile investments that are not worth the risk. And still others may be unaware of what cryptocurrencies are or how they work. Overall, the average citizen's view of cryptocurrencies is likely to be a mix of these perspectives, depending on their individual knowledge and experience.
One thing that is certain is that there is a growing interest in cryptocurrencies, as more people learn about them

So Bitcoin is a digital currency that has come to stay as a means of earning money and making your investment as long as internet is existing,..

Vaskiy

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Quote from: Smack That Ace on January 30, 2024, 12:40:16 AM

Quote from: Kelvinid on January 29, 2024, 09:30:04 PM

Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

Despite the positive output of Bitcoin, many people are still not yet convinced and always think it was a scam or a Ponzi Scheme. But no urge the change their mind nor I would say they will regret it because that was their views and market opinion as well. Once a person is negative, it is hard for them to change but rather stay against it.

Although Bitcoin is popular now, it is not enough to drag people's attention. It is to say that those who want to invest will invest but those who are not are free to leave negative comments.

We can't blame them, although bitcoin has had certain achievements, it is still a highly volatile asset, susceptible to price manipulation. So, for those who prefer safety, bitcoin is clearly not their choice. If you notice, most people who invest in bitcoin are people willing to take risks, people who want to get rich with little capital, get rich quickly...As for those who have become rich, it is understandable that they have no reason to risk investing in bitcoin.

People who are rich enough don't prefer to take risks with bitcoin because the volatility could make a huge difference in their net worth. As said, bitcoin is much preferred by the common people who live with their daily earnings and by people who want to move to the next level of living. When we want to achieve something, we need to sacrifice as well as have the ability to take risks. This way, bitcoin has turned out to be a favorite of more common people than rich ones.

Compared to the past, people are much more aware of bitcoin. I've explained to people about bitcoin years ago, and none had any idea about it. Now people who don't have much knowledge about technology and smart development are also aware of cryptocurrencies, which is real progress.

Smack That Ace

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Quote from: Kelvinid on January 29, 2024, 09:30:04 PM

Quote from: KupaCrypto on January 11, 2024, 01:59:06 PM

Bitcoin is a digital currency that has come to stay, as long as the internet stays , most persons that didn't believe in Bitcoin 10years ago regretted it, that will be also be the case for people who don't be in it now come 2034.so think positively take the risk and Investment in Bitcoin today.

Despite the positive output of Bitcoin, many people are still not yet convinced and always think it was a scam or a Ponzi Scheme. But no urge the change their mind nor I would say they will regret it because that was their views and market opinion as well. Once a person is negative, it is hard for them to change but rather stay against it.

Although Bitcoin is popular now, it is not enough to drag people's attention. It is to say that those who want to invest will invest but those who are not are free to leave negative comments.

We can't blame them, although bitcoin has had certain achievements, it is still a highly volatile asset, susceptible to price manipulation. So, for those who prefer safety, bitcoin is clearly not their choice. If you notice, most people who invest in bitcoin are people willing to take risks, people who want to get rich with little capital, get rich quickly...As for those who have become rich, it is understandable that they have no reason to risk investing in bitcoin.

Topic: What's the view of an average citizen About crypto currencies - page 3. (Read 1119 times)