Bitcoin Forum

People who said its something strange now start to get interested about bitcoin.
Its all over news and btc is mainstream now

People trust now btc becouse they dont trust things what not supported by well known people.
More investors will jump in couse of ELON MUSK .

Those who trust tesla trust bitcoijn now

Yep, I have seen about a dozen ads on national TV just today.  BTC is "on fire" and questions are being asked by a great many.  Nice!  My Trezors and I have a bright future I think, LOL!  Closing in on 45K.

So is  ETH actually they are all in the news, particularly the Merge. It's like being hyped by huge investors. I've driven the main highway in my town and saw some cars with BTC logo. I don't normally see it here in the remote city but there it is.

We that is very early in this industry could be rich guys in town if things go well. I have to say #WAGMI and overcome this recession.

You just have to look at the date of this thread. This is prior to the bearish cycle that we are in right now.
And right when Elon Musk was putting BTC in his mouth, creating hype around it and then investing. But we all know that he made a massive sell recently.


Good segway with the casino or whatever you are promoting on that links. Nevertheless I doubt that crypto and gambling is even comparable.

yes bitcoins is deemed as real. many countries recognise it as a currency and not just akin to pokemon cards or beanie baby stuffed toys.

Bitcoin is definitely somewhat a household name now, but nah I wouldn't say that people in general "trust" it. Most people still think that it's a huge scam/scheme waiting to blow up.

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We've had crypto-related content on the news last cycle in 2017 as well(remember CNBC Crypto Trader ran by the shitcoin shiller Ran Neuner?); it doesn't automatically mean that people in general are taking it seriously now, especially after the bear market.

I guess it's popularity is growing, specially in the last 4-5 years. There are nations who accept it as legal tender - El Salvador. And many financial institutions are offering it to their client. And even ordinary and average joe can invest on it.


It has nothing to do with Elon Musk or his company. Bitcoin has grown because it became one of the biggest asset. It gives people financial freedom. Although it has been heavily regulated by many regulators around the world.



https://www.bbc.com/news/business-57096305

So which you are going to trust now?

seems like an old thread, but let's take a look at the current state of things where elon and tesla sold some of their bitcoin holdings a while back and that also caused the bitcoin price to crash, so here we are in a bear market and now trying to recover the market further, though i'm not sure people will believe in elon again in the future who currently may focus more on dogecoin than bitcoin, we need other famous people to invest in bitcoin in the future

I wouldn't say so exactly, you may think it is completely mainstream, but will be surprised that there are still places where there are no ads and very limited media, and in those areas, people still have no idea what bitcoin is even if the icon is shown to them. Do not relent, still take it a responsibility to yourself to educate and talk about bitcoin to people you can, where you can and when you can. As members of this forum, a forum that has bitcoin as it subjects, it has to remain our responsibility to continue to talk about bitcoin.

Most people don't care about Elon Musk and probably don't even know who this guy is and what he represents. It would make more sense for people to adopt bitcoin because a national idol is promoting the cryptocurrency instead of Elon Musk. Actually I see more people getting interested in btc because they are being bombarded daily with news regards cryptocurrency. There are lots of news talking about bitcoin always the price drops or rises considerably in short time periods. Moreover, we have many other news telling about the integration of crypto by governments worldwide through CDBCs.

It means crypto will be part of everyone's lives with or without their consent. It's going to be imposed on them, so they must be really interested in learning more about it.

When I saw the title I thought that when I started to see bitcoin in the news it was often last year and therefore it does not surprise me that the thread was created then.

In the financial media there is usually already a section that talks about cryptocurrencies in general, especially bitcoin, and in the more generalist media, in the finance section, it is also common to talk about it.

Bitcoin has become part of everyday financial life, which was not the case five years ago.

It has become a hot topic of discussion and there are mixed reactions around the world but the thing is bitcoin is not a unknown term to the mass population around the globe whether in positive or negative aspects.It was started few years ago and now it has gained that much popularity like countries are making regulations to adopt like El Salvador and  CAR while others are planning to make some regulations.The big companies are adopting it as payment mode or even holding them as asset on balance sheet so we can say that we have came a long way and it's discussed normally now.

Some may think that way and some know bitcoin is real but the problem they have is to experience the bear market.  They never want to see the bear market, to see their bitcoin go down by the bear market is a big challenge to most people.  This is because people don't have patience to hodl bitcoin for awhile . When it comes to money some people are so greedy to see their money to reduce, all they are interested about to always see their money to add profit.

The good thing about a market is that the history of that market is always available for the public to view for free with just one click. All they have to do is google price history and look at some charts to gain the experience they don't have of a bear market. Those who complain because of the drop are the same people who are too lazy to research what they've bought! They just bought bitcoin because someone told them "it is profitable"...

History is interesting to look back but we can not live with history. Moreover history does not necessary to repeat itself. It might repeat or might not repeat itself.

It is hard to apply lesson learned from courses or any resources to practice in the way it should be. Especially if we are talking about psychological control. The psychology cycle of market is well known and many people have seen or been exposed with it more than one time. However, when they are in market, with real money, they react inappropriately.

People must self experience bear market to understand what it is and how painful it is as well as how great opportunities exist in bear market and after that.

It is first step to be in the market. Being greed, unknowledgeable, get loss and if they can survive in the market about 4 years, they can learn something, adjust themselves and might start to get correct approach then profit.

I agree with your whole post, but I should add that there is still a lot to be learned from the history. And it is not about history repeating.
For example the simplest and first thing anybody would learn by looking at bitcoin charts is that the market is very volatile and sudden drops and sudden rises are normal and don't have to have some big reason behind them.

I agree that it happened back in 2017 when most of the world heard about it, some did get in, some didn't, some didn't get in back in 2017 but then got in later on, but majority of the world heard about it back then. It is cool to be able to say I have been in crypto far longer than most people, but to be fair if you have nothing to show for it then mostly it is a bad thing and not a good thing.

People act as if they would have bought tens of thousands of bitcoin if they knew it soon enough, and they do not do it right now, so in 5 to 10 years they would be in the same position as me. It is not easy decision to make, I may have missed out on being wealthy, but I am still happy to be involved.

We don't have to trust Tesla to start trusting bitcoin. Bitcoin and Tesla are completely unrelated and we know that too. So with all the news out there, I don't think it's because of Tesla but indeed, Elon has made an impact for crypto to thrive.

Investors today are smarter than a few years ago because they can search for more information about cryptocurrencies. But this is only for wise investors who don't just follow what people say on social media. And if there are going to be more people believing in bitcoin, it won't be because of Elon.

if it weren't for the people looking for ways to fight inflation, BTC might not be very known to them still.now that there is the necessary to look for something that will keep their wealth with them that banks will not confiscate, BTC will be the best alternative. cypto had reached to mainstream TV news programs, it will be better if channel will have a a crypto guy who will explain in details in prime time.

History gets rewritten and the same is taking place with bitcoin. Once the negative things and the scam information on see bitcoin can be seen on news sources. Apart from that it is quite hard to see bitcoin on leading news portals. Now things have changed a lot and news sources have started to broadcast the good about bitcoin. This is a big transition and the same will continue further.

Years back it is rare to see news on bitcoin once in a month on local media. Now the trend is different, separate programs are being broadcast to create awareness on cryptocurrency.

I think some who enter the bitcoin market see it as tool to become rich overnight as they see prices rising and people getting profits completely ignoring the charts and volatility factor and when it's start going down or whenever we witness correction in the market they start selling off in panic so they need to understand this thing that it's volatile and prices fluctuate each second due to market fluctuations but they still keep going on the same old track and loose the money because they don't have patience and understanding of the market.

Maybe people have heard about this through any media and it's just that they don't really believe and believe that Bitcoin will be big in the future, so they think as usual with Bitcoin at that time. At that time there was indeed a lot of news circulating about Bitcoin for reasons such as fraud or to fund terrorists to commit crimes, with so many people who did not believe in Bitcoin at that time.

Yea. I agree that BTC has become more popular than before. Right now, there's more awareness for BTC, but trust me, there are still quite a lot of persons who have not even heard about BTC. So there's still much to be done in terms of publicity and acceptance.

yes, now people are getting to know bitcoin a lot, and bitcoin is now getting more and more popular and maybe it's because there are many famous people in the world they adopt bitcoin, but in my opinion there are still many people who don't know about bitcoin because they still don't know what it is it's bitcoin,,, but I think over time bitcoin will definitely be more popular in the future,,

Elon Musk and Tesla are bound to come up when discussing Bitcoin. Elon Musk was a big investor, he posted this and the price of Bitcoin went up but a few days ago he sold everything Bitcoin because of this. The Bitcoin market crashed. But let's get back to discussing Bitcoin and what other big investors need. If the big, big investors come in, I think the Bitcoin market will go up again.

Bitcoin has attracted a lot of interest from all walks of life. from the bottom to the top. from workers and employers. I'm pretty sure that bitcoin will get more attention later on by the government. though now they don't seem interested. but I'm sure they're all actually scared of bitcoin. because bitcoin is like the waves of the ocean ready to hit them. bitcoin is already taking people's interest. and maybe now the government is still trying to divert the attention of its citizens so that they are not too interested in bitcoin by creating a blockchain-backed money system. like CBDC but still centralized. but they forgot. that what makes bitcoin much in demand is because it has a decentralized system. So there's a kind of freedom in it. everyone has the same opportunity. different from the central one. that is, the one who has the power to rule. and opportunities can only be achieved by those who are close to the authorities.

Wow seeing the OP’s post, it really gives a nostalgic feeling.
Really at that time Bitcoins were really in hype due to the high price and Elon musk’s twitter posts.
Nevertheless this time will again come , where people will again rush and panic to buy the Bitcoins due to the price high. And big businessman like Musk etc will do big posts about Cryptos.
As OP mentioned, yes Bitcoins are quite popular now, and each and every person have now heard about Cryptos.

The popularity of bitcoin has been known before Elon Musk found interest in crypto. I get to find out about bitcoin through the media, and friends. Not from Elon Musk.

It was at the early stage of bitcoin creation that people has fiction ideas in them, not to trust bitcoin. Now, it is no longer the same cause many people are getting more involved in crypto than ever before.

Most of them know the name bitcoin but, how many are actually involve in trading and investment in bitcoin? How many people have positive attitude towards bitcoin? We should put some more effort to reach out this but actually the people connected with bitcoin is incredibly increased within a year.

Those type of hypes do happen all the time, usually it stayed with social media but this time around it became part of regular media as well, you started to see stuff about bitcoin and even smaller coins in the crypto world about altcoins as well.

I remember watching "coin founders" online as well, made no sense to me since I prefer decentralized projects, and seeing people who created their own coins to be talking on TV made no sense to me, it was still a good thing about media having some attention period towards all cryptos. Now we are back in bear market and not see that much on TV, we hear about it on newspapers but not on TV, which I am sure will change when the bull comes and we will be back on TV again.

Many new people get into the bitcoin investments now.Some people doing long run investment ,some people doing short term profit.But nothing can stop the people from earning profit,if they trade for the long term.The time duration for the long term trading is not a fixed one.You should wait as long as it considered to increase to the next pump period.It may occur in few months or even a 6 months.Or it also take a complete year for the raise in price.

Mate, these days it's pretty easy especially if anyone is curious about bitcoin. One keyword ^[bitcoin] typed in a google search will direct them to various information about bitcoin. So if they care, then I'm sure they'll be fine.

Bitcoin is not a new thing among people who have a concern for things that are digital. I'm pretty sure stock investors around the world already know about bitcoin even though they only know the price without knowing how it works. Bitcoin is not something new anymore, so many people will take advantage of it, including journalists who often talk about it in various media.

Regular people still don’t consider Bitcoin real money. I have friends who I’ve discussed Bitcoin with for over a decade that still think it isn’t real money. They don’t understand that Bitcoin and dollars are easily interchangeable. This is how I know we’re still early. There’s videos on YouTube showing people taking $100 over 1 Bitcoin because, “Bitcoin isn’t real.”

It will be a long time before Bitcoin is considered non-fiction to a massive % of the population.

We can't deny that the sounding of Bitcoin by top popular people around the world will really give big impact on the popularity and trust of Bitcoin itself. Here, we may see how many people are investing in Bitcoin, not because they have learned, but because they follow the decision of some top people in the world.
Is this good?
On one side it is good to increase many more people at least know at first about BTC. But on the other side, people must not only follow other people, they must decide by themselves if the investment in Bitcoin is exactly potential or not, appropriate or not for them, and how to invest in Bitcoin wisely.

I don't think this is necessary, the purpose of celebrities like Elon Musk is not to find a way to help bitcoin or anyone else. They are just looking for their own interests. Last year Elon used his reputation to inflate bitcoin so that people who believed him, they started investing in bitcoin but then he and Telsa silently sold all their bitcoins causing bitcoin to plummet. People who invest in bitcoin because they believe in him have lost and they lose faith in bitcoin because they think bitcoin is a scam. Nowadays bitcoin is all over the media, so we don't need celebrities to spread bitcoin anymore, bitcoin is nothing new anymore.

Whenever the price is surpassed the unusual number in the future, the mainstream medias for example on TV will just make a news about it so more people will be aware with the existence of Bitcoin. And also whenever you find the article about the investment, then you will most likely see Bitcoin is on the list for the investment method other than stock markets.

People right now are aware about Bitcoin, but still they are not yet involved into Bitcoin because of whatever reasons. They just know about the outer of Bitcoin and it's not even close.

We are very glad that his intentions had been known to us that he intended to use Bitcoin to promote his Tesla car company so that more buyers and Bitcoin lovers will tend to go for his product since he had a lots of things in his mind.
Bitcoin is becoming more known to the world especially for those countries that decided to adopt it as a way of payment system. We should be expecting more positive news soon with time because the world is going to finally see good reasons why we'll need a digital currency that is decentralized.

Elon Musk created a mindset where when they use bitcoin they will also remember tesla and some ado[si's ever done. Elon musk is also a very strong character on bitcoin and DOGE as Elon musk is actively continuing to make influential tweets about cryptocurrency.
Bitcoin is currently better known by the world community as the most valuable digital currency and some other controversial news. Bitcoin is becoming a more modern payment option but in many countries it is still not legalized.
If we look at bitcoin 5 years ago, bitcoin was not as phenomenal today and bitcoin has not become an asset that is really needed.

It is because they don't really know what Bitcoin is.

Yep, Bitcoin isn't real money, it is a digital currency.
Tell them if you think real money = physical money, you won't ever know about a digital era.
I guess your friends never know the digital world, mate. Do they have smartphones? :D

I assume your friends don't know how easy to use Bitcoin. They think it is hard to exchange with fiats. They also may not understand if Bitcoin can be exchanged with dollars or other fiats in many places. Even we have more ATM Bitcoin now. Sure, we are still in the early step of being BTC as a global digital currency. Not all people know about Bitcoin, even some people may not know if there is something called by a digital currency.

CMIIW

we can't judge other people but there are still many of them who have different notion when it comes to bitcoin. as they don't have first-hand experience, they can think of so many things out of the actual existence of btc. for sure, just asking around your neighbours will give you a hint that most people still don't know how to transact with btc. the population who are into crypto is still very small as compared to world's population. so there's no doubt you can still encounter individuals who have very different outlook in btc

I had a lot more faith in bitcoin around the time of the creation of this post, and to be honest coming up on almost a year later, I’m starting to have some hesitancy on its progression. I feel like bitcoin has lost a lot of steam and there’s not much good news in sight.  I wish I didn’t feel this way but I do. Anyone got any positive news they could share to help me feel otherwise ?!

I don't judge people, I just guess them.
And you must understand that I never blame them, nor mock them.
I know it is normal if they don't know Bitcoin, they may never hear/read the information about Bitcoin.

I also have many neighbors who don't know Bitcoin, and they also don't know about cryptocurrency or blockchain. But most of them know well what the digital world. Unfortunately, they only spend time playing with social media (reading others' posts or finding trending topics). They don't think to take advantage like investing in the digital world.

Anyway, if you read clearly, I am not against OgNasty's comment, I support it!!

Do not get carried away by the news, I have seen in many that do not recommend bitcoin, and make comparisons with the most stable stock markets in the world, and reach conclusions where bitcoin is insecure, this is a movement that I do not understand, but the people that we sometimes have convinced to enter bitcoin, come out that it scares them because it says that it is an investment where they can be scammed.

These things are what sometimes have to be dealt with, when people are misinformed, the world's interest is that people do not get ahead, but remain tied to a system where economic freedoms do not exist, much less technological, they must have Be very careful with what you see in the news.

Well ... In general, it is so, the recognition of bitcoin is growing in connection with celebrity advertising. But as for me, people like Elon Musk enter the topic of cryptocurrency, for the most part, in order to regulate the exchange rate with their own name, and make a profit from it. Remember what chaos it was when Tesla dumped their bitcoins?

Those people cannot see the future and do not understand the benefits of bitcoin. Reality is that bitcoin is something that would benefit you in the long run and you may not see that and you may compare that to traditional markets and think that bitcoin is insecure and unsafe to invest into because of the volatility it has and I understand that you may not see it.

But, the reality is that the volatility comes from the fact that we do not have a centralization, and we can do whatever we want and that’s why it’s moving so carefree right now. That is the reason why it dropped, but that would also be the reason why it would go up as well.