Topic: when you try to explain people about cryptocurrency do they understand? - page 19. (Read 3623 times)
October 24, 2017, 06:03:47 AM
I think that all faced with this problem. People who have never used bitcoin always tends to withdraw the money if bitcoin went up. It seems to me that they all refer to bitcoin as a toy. You need some time to use bitcoin to understand what it is. The signature allows beginners to become familiar with ways to use bitcoins and earn start-up capital. More than makes bitcointalk to promote bitcoin nobody does.
October 24, 2017, 05:54:25 AM
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?
when i try to explain about cryptocurrency on my friends in the first time they have no idea on it and they dont believe that we can earn much profit without hard working but when i show some proofs as of now they become interested. Lol but they dont have any idea also how to convert bitcoin to cash. Haha eagerly . .maybe when i got some free time to share all my knowledge about it. I recommend to my friends that as a newbie put some times to read here in forum to gain more knowledge so that when they got rank up . They can joined any activities here in forum. i wonder:
when you try to explain people about cryptocurrency do they understand?
October 24, 2017, 05:38:50 AM
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?
My brother and sister, also my classmates, are intrigue to what I'm doing and they always tend to ask what is bitcoin. I explain to them thouroughly and state its advantages and significances, I think they understood my explanation although they still have some doubts because they can't believe that I can earn real money through this (in signature campaigns to be more specific) and they can't believe that a not tangible thing can have a value like real money does. In the end, some of them believe in me and some of them believe that what I'm doing is a scam (sounds funny, right?). i wonder:
when you try to explain people about cryptocurrency do they understand?
October 24, 2017, 05:28:19 AM
Of course, almost all my friends know about many internet currencies and they was using them and still using everyday, I said bitcoin is the same virtual currency, bitcoin just getting right now more popularity and stability, I just said them look at bitcoin price, they was shocked, now some of them are using bitcoins for payment anything online.
October 24, 2017, 05:07:52 AM
We honestly don’t think it’s that hard to explain Bitcoin or Blockchain to a “non-techy” person.
One could start by explaining what a “ledger” is, using a game of cards as a metaphor. A ledger is like a game of cards where every player is keeping a score record to ensure that noone is cheating. Those records are cross-checked to form a single ledger - a master-record, if you will. This metaphor can then be expanded upon to introduce a cryptocurrency as a part of the ledger, and so on. Hopefully that makes sense
One could start by explaining what a “ledger” is, using a game of cards as a metaphor. A ledger is like a game of cards where every player is keeping a score record to ensure that noone is cheating. Those records are cross-checked to form a single ledger - a master-record, if you will. This metaphor can then be expanded upon to introduce a cryptocurrency as a part of the ledger, and so on. Hopefully that makes sense
October 24, 2017, 04:44:24 AM
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?
Some people understand it maybe because they already have knowledge and idea about crypto currency or digital currency but other people can not understand it because it still new in their mind the word crypto currency and digital currency so its better if we teach it to them slowly but surely that they can understand it much more and precisely. Lets not judge them if they can not understand it easily remember that crypto currency is still new in the mind of people. i wonder:
when you try to explain people about cryptocurrency do they understand?
October 02, 2017, 11:44:18 AM
It is much easier when people tend to get interested what cryptocurrency is, I will explain them to the languages that they can understand and avoid some technical terms when the person what I'm talking with is not technical, I even say things about what is encryption all about, and comparison with money transfers, so far they get an affirrnative reply.
It is the best source to make other understand about the bitcoin because the price and the importance of the bitcoin are now very famous. It is the main target for the people to know about the bitcoin as much as they can. Just tell them the simple and the easy sources of the making money from bitcoin so they will take interest and it is all about the interest and the knowledge to know about the bitcoin. 
October 01, 2017, 10:42:05 AM
Many people at first do not understand what it is until I start to show them in detail how the crypto currency works and that it's all absolutely real and legal.
October 01, 2017, 10:40:33 AM
They mostly struggle with the technical details. How is it generated... Why can nobody hack it.... How does the mining work,
and things like that. They can also not understand that third parties are not needed to make it work. The most common type
of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.
and things like that. They can also not understand that third parties are not needed to make it work. The most common type
of questions is.... Where can I get it and is it legal? Once you explain and give answers to these questions, they are hooked.
October 01, 2017, 10:35:11 AM
I gues for me almost 90% of the people I explain about bitcoin understand about bitcoin, well it's maybe i try to explain to them not only using text and audio but because i try to explain to them using Visual & Audio too. I create a video which explains what is a bitcoin in which it contains a motion graphic that describes what bitcoin is and in which there is a narrative which is done by me, which is where the narration is useful to explain the purpose of what is displayed in the video.
October 01, 2017, 10:25:10 AM
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 wonder:
when you try to explain people about cryptocurrency do they understand?
I am not completely sure if they really get what I am saying since I've been using some jargon that they might not understand. I try to explain in a simple manner but I am not yet that sure if they can grasp the idea. Let us face it, Bitcoin is a complex technology and explaining it to a non-techy person will have a hard time understanding them. Well maybe they are just interested in Bitcoin because it can give a possibility of earning.
October 01, 2017, 10:23:22 AM
It's difficult because my people already afraid the negative impact about bitcoin especially when ransomware issue already spreading around the world
Only 1 of 20 of my friend that can understand bitcoin potential and he actively trade bitcoin with care
Only 1 of 20 of my friend that can understand bitcoin potential and he actively trade bitcoin with care
October 01, 2017, 10:21:00 AM
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?
No they don't understand because most of my friend don't have technical background. They know about bitcoin either from internet or my story. I tried to explain without difficult term but it seems like it's still hard to understand. i wonder:
when you try to explain people about cryptocurrency do they understand?
October 01, 2017, 10:05:41 AM
It is much easier when people tend to get interested what cryptocurrency is, I will explain them to the languages that they can understand and avoid some technical terms when the person what I'm talking with is not technical, I even say things about what is encryption all about, and comparison with money transfers, so far they get an affirrnative reply.
October 01, 2017, 09:18:15 AM
Nobody even understands when talks are about digital currencies they start asking what is internet money is it safe... blah blah and never show signs of trust when the whole system is transparent and highly secure. I take to examples to explain how things work and finally they are satisfied with my explanation.
October 01, 2017, 09:13:44 AM
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?
a natural thing if most of them do not understand the world of bitcoin or cryptocurrency when it was first introduced. because I think all things definitely take time and process. i wonder:
when you try to explain people about cryptocurrency do they understand?
after I try to explain with various things or media, at least they understand what is bitcoin and its function and how can be done to benefit from bitcoin world.
September 29, 2017, 12:38:10 AM
The first thing that comes to their mind is that bitcoin is illegal and you can only use it to a black market or some say it's a money in the deep web. So whenever i try to explain it to them bitcoin is just a digital currency that changes value from time to time that's what i said to them and if they're curios i introduced them to bitcoin and start explaining from introduction > wallet > how to earn. and if they're not interested in bitcoin i don't force them it's not my lost it's their though.
September 29, 2017, 12:30:48 AM
Some of my friends didn't really understand about what I'm trying to say about bitcoin and blockchain, I explained the simplest meaning to them yet they are calling this coin a scam and can easily hack because it is not in physical form to say it's a currency. Well I did my part to them to understand about crypto, Let's say some people are close minded to this things not because they can't really understand but simply they did not trust it and they want some proof to show.
September 28, 2017, 11:58:26 PM
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?
Really hard, because I have the experience, after someone asked where I worked, see you never go to work, but you have the money. and I try to explain my work on actual bitcoin forum. first I confused myself, I want to explain where the start, slowly I started to explain to him that already know bitcoin, but after I explain in detail, he felt confusion, and I started thinking what if I explain to someone who doesn't know at all, it must be very difficult. i wonder:
when you try to explain people about cryptocurrency do they understand?
September 28, 2017, 11:41:31 PM
Some people do understand but other's don't. Crypto currency is really hard to explain, even when my friend told me about it, it was hard for me to digest the new terminologies and system.
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