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Topic: when you try to explain people about cryptocurrency do they understand? - page 10. (Read 3623 times)

member
Activity: 602
Merit: 10
Maybe at the start they dont understand what cryptocurrency is, but after that especially people who are open minded it is very understanable and easy to do to any people. And most especially it is  about earnings and income so i can say it is not hard to undertand.
member
Activity: 294
Merit: 10
I explain them what is bitcoin,how it is work.Firstly  I am setting them examples about online currencies.Step by step process  is applied so that people may know. some if them understand it very fast and some don't.
full member
Activity: 147
Merit: 100
Ive been telling to them that bitcoin purpose if for peer to peer transaction then how bitcoin works some of my friends cant understand what im talking about.
full member
Activity: 518
Merit: 103
At first it is really hard to make them understand, unless they are really willing to listen, i had encountered people who keep on asking about bitcoin, but never do their research, rather they want me to spoon feed it to them, and every time that i do, they keep on asking the same questions, is it as good as investment, when will they get their money, how much should they invest, and every time the market goes down they tell me, its a good thing they didn't invest since it is dropping and whenever the market goes up, they tell me, why didn't forced them to invest when the market is down, the situation may be funny for us, but for them, i see its a lost. It is also easy to explain cryptocurrency to people who are alredy investing, since that's what we all want a market with high returns.
sr. member
Activity: 756
Merit: 251
Mostly cannot understand. I believe its not about understanding but its more on the open mind and willingness to understand. There are still who are very traditional and haven't visualize the future of currency. Its so hard to let people understand into something they are not willing to understand. They have fear and don't know yet or have known how it make sense to the economy.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Once I explained to them the cryptocurrency market, but they didn't understand it at all, they thought it was a huge ponzi scheme, and the people involved were idiots.
sr. member
Activity: 1162
Merit: 450
It gives me headache. I always tell my friends about cryptocurrency especially in BITCOIN and other Alternative Coins but they always say that it is SCAM and better to get myself ready because FBI will come on our home to arrest me. Its something that they discover BITCOIN in a bad way
Is it because bitcoin was used in blackmarket particularty in silk road in deepweb. I try to explain that crypto are worth investing but THEY DO NOT BELIEVE.
member
Activity: 294
Merit: 10
Most probably when you try to explain to ordinary people about cryptocurrency they don't understand it well, but for those people who are eager to learn the trade, they can easily catch up.
member
Activity: 406
Merit: 10
Yes they do,all depend on how you present cryptocurrency to them,some seek for advice on there own in other for them to invest.
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

I've explained to my friends about bitcoin and about cryptocurrency but they do not understand and are not interested, I'm fine with that because it's up to them whether they want to earn money or not
full member
Activity: 172
Merit: 100
Most people don't understand when you try to explain cryptocurrency to them. It is difficult for them to understand when they are ignorant about it while some other already have the mentality that it is a scam.
yes, crypto is a new thing, although we know it will br the future, but there are too many negative news with crypto, including money laundering, dark net, bribe-taking and so on, many people just think they are scam and refuse to accept
newbie
Activity: 20
Merit: 0
Most people don't understand when you try to explain cryptocurrency to them. It is difficult for them to understand when they are ignorant about it while some other already have the mentality that it is a scam.
full member
Activity: 291
Merit: 101
https://icoenergy.org/
when I talk to someone about bitcoin, and if they dont have any idea about it. I get the same reaction, doubt! they doubt if bitcoin is legit or not! it bitcoin is a big scam and if you can truly earn on bitcoin. but once I explai in to them. they began to understand its concept and they began to embrace it
full member
Activity: 424
Merit: 100
It has nas not been easy, some people just say sorry it's so complex, I just developed a headache, Lol. It does give me joy telling people about crypto currency, and how they should take the opportunity early.
full member
Activity: 231
Merit: 102
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

They mostly don't understand or don't try to understand. But there is one great tehnique. Just tell them that they can earn a lot of money. Rest leave to them to learn. Cheesy Although they could start to spamm you with questions from that point.
full member
Activity: 224
Merit: 100
Maybe for some people who had already background about cryptocurrencies.But for some people who heard this things and they newly heard it,it will take you for a further explanation for them to barely understand it.
full member
Activity: 378
Merit: 100
No they will not understand it quickly but i think that they will still be interested even though it was very hard to understand if they are going to earn a lot of money though this industry and by working on different bounty campaigns in the future.
jr. member
Activity: 160
Merit: 3
I recently discussed it with my tech savy friend of mine from my high school years who is now a web developer and he did understand it easily but when I explain it to my brother who is a seaman in profession I can feel his nose is bleeding with my explanation but now he understand it little by little.   


I believe that people can understand the cryptocurrency when you give full information about it. Step by step process is applied so that people may know and have an idea.
hero member
Activity: 2492
Merit: 542
I recently discussed it with my tech savy friend of mine from my high school years who is now a web developer and he did understand it easily but when I explain it to my brother who is a seaman in profession I can feel his nose is bleeding with my explanation but now he understand it little by little.   
newbie
Activity: 22
Merit: 0
In my experience only half in ten people I try to explain cryptocurrency put interest on what I am telling them and only one of those fully understand what I said..lol
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