Search content
Sort by

Showing 2 of 2 results by hk1821
Post
Topic
Board Bitcoin Discussion
Re: BitCoin Is Too Complicated for Average People!
by
hk1821
on 08/03/2018, 06:49:09 UTC
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.

How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.

I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make  a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
It's not complicated for ordinary people, you are trying to make it complicated. Do you worry about fees for transactions? Do not worry because no one will help you free.

imteaz seems right here.

Bitcoin indeed is complicated for most people. These are the people that call you for tech support because the internet has stopped working. Grandparents, the absent minded neighbour who is always kind to you, the non-techy boss who saved your ass a lot of times.

These are the people who have trouble following simple things, like restarting the computer in case of problems, or googling something up.

Such people need the right guidance, or in the best case they will end up falling for the Give 0.3 ETH, get 30 ETH scams.
Post
Topic
Board Altcoin Discussion
Re: Bitcoin is King and Ethereum is Queen , Do you agree ?
by
hk1821
on 05/03/2018, 06:11:01 UTC
Bitcoin: King?

Right now, Bitcoin is the King. No doubts about that. Very less people have heard about Cryptocurrency, Altcoins, Blockchain etc. etc., but even my granddad knows about Bitcoin (its a different matter he thinks it is all a scam)

Ether: Queen?

Again right now, Ether is the queen. No coin other than BTC can challenge Ether. Main reasons:
  • Volume of trade
  • The Contracts/DApps system
  • Sheer number of ICOs using Ether for payment

The Long Term

No one knows where the things will stay in the long term i.e. 5, 10, 20, 50 years. But for now, at least till the end of 2018, I feel BTC is the king and ETH is the queen.