RealBitcoin (OP)
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November 04, 2015, 06:06:39 PM |
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Bitcoins , though being an awesome currency are still not considered to have a place on the mainstream line. Here are some of the reasons for it. (1) It is still not used widely , many people are still not using it as being used less in their territory or country. (2) Bitcoins still don't have any official management community, this creates problems for the people as scams and frauds are getting increasing and there's no official community to look after it.
That's true, there are still many countries who are still not aware about the bitcoins and the people who are highly educated but still not aware about the bitcoins and if they have heard the word bitcoins but haven't used it, and that is the reason bitcoin is lacking behind so once it is widely used and accepted it would go and hit the mainstream. There are more people on Facebook than residents in China. Isnt this a holy grail in advertising? With a 1-2 million $ advertising budget we could advertise BTC to hundreds of millions of people.
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RealBitcoin (OP)
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November 05, 2015, 04:58:49 AM |
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https://www.google.com/trends/explore#q=bitcoinTrends is looking sharp: Bitcoin interest is going up so the price rise is a marketing tool itself. (However a facebook awareness campaign is still needed, not to get labeled as a libertarian ponzi scheme again, I hate when the media is demonizing)
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RealBitcoin (OP)
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November 07, 2015, 12:36:21 PM |
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Looks like the press is again spotlighting bitcoin: http://www.coindesk.com/bitcoin-in-the-headlines-press-eyes-skyrocketing-price/Point 1) again. While the press is important, and correlated with the price: the higher the price the more coverage bitcoin gets. It is still important to keep in mind that even though we get some news headers here and there. Without a coordinated marketing campaign I dont think bitcoin will push through. We need to break the status quo and push bitcoin to the masses.
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Coin Market
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November 07, 2015, 06:29:42 PM |
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We need some TV advertisement about bitcoin, to show how easy it is to spend bitcoin to buy goods and tell people that bitcoin is accepted in many shops.
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BTCBinary
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November 07, 2015, 07:30:52 PM |
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I guess that we can already consider that bitcoin is going mainstream! This year all along we have seen large investments being made in the industry. If bitcoin is not going mainstream, the Blockchain is.
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RealBitcoin (OP)
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November 07, 2015, 11:19:00 PM |
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I guess that we can already consider that bitcoin is going mainstream! This year all along we have seen large investments being made in the industry. If bitcoin is not going mainstream, the Blockchain is.
Thats the problem the blockchain is going not bitcoin. And bitcoin is constatly being demonized in the meantime. We need some TV advertisement about bitcoin, to show how easy it is to spend bitcoin to buy goods and tell people that bitcoin is accepted in many shops.
Sure but a social media campaign would be much cheaper and more effective.
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USB-S
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November 07, 2015, 11:27:17 PM |
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I guess that we can already consider that bitcoin is going mainstream! This year all along we have seen large investments being made in the industry. If bitcoin is not going mainstream, the Blockchain is.
Thats the problem the blockchain is going not bitcoin.And bitcoin is constatly being demonized in the meantime. We need some TV advertisement about bitcoin, to show how easy it is to spend bitcoin to buy goods and tell people that bitcoin is accepted in many shops.
Sure but a social media campaign would be much cheaper and more effective. But do you see any other blockchain going more viral than bitcoin is? I mean why would people adopt any blockchain without it being open source? Besides bitcoin mining network is currently the most powerful hashing network that there is. No way any bank can recreate the security that bitcoin has already developed.
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RealBitcoin (OP)
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November 07, 2015, 11:29:42 PM |
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But do you see any other blockchain going more viral than bitcoin is? I mean why would people adopt any blockchain without it being open source? Besides bitcoin mining network is currently the most powerful hashing network that there is. No way any bank can recreate the security that bitcoin has already developed.
But that advertiser is being targeted at wealthy investors, not at everyday people. Who reads financial magazines? Middle class and above. What about 60-70% of the lower income class people? Nobody is advertising it to them.
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USB-S
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November 07, 2015, 11:37:08 PM |
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But do you see any other blockchain going more viral than bitcoin is? I mean why would people adopt any blockchain without it being open source? Besides bitcoin mining network is currently the most powerful hashing network that there is. No way any bank can recreate the security that bitcoin has already developed.
But that advertiser is being targeted at wealthy investors, not at everyday people. Who reads financial magazines? Middle class and above. What about 60-70% of the lower income class people? Nobody is advertising it to them. last I heard genesis mining is advertising on billboards. And the information in the financial magazines are not promoting any other blockchain, but the technology itself, meaning bitcoin is the first and the most successful one of them all. Even if financial magazines would promote bankchain, I bet bitcoins community would call them out on it. I mean We've got the hashing power to back the security we're open source and operating on consensus.
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RealBitcoin (OP)
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November 07, 2015, 11:46:50 PM |
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last I heard genesis mining is advertising on billboards. And the information in the financial magazines are not promoting any other blockchain, but the technology itself, meaning bitcoin is the first and the most successful one of them all. Even if financial magazines would promote bankchain, I bet bitcoins community would call them out on it. I mean We've got the hashing power to back the security we're open source and operating on consensus.
Ok but the audience is not wide enough, yes investors are more likely to check out bitcoin than average joe. However you need average joe to have a consumer base and demand. What are the bitcoin companies worth, if nobody is using them? They need more customers.
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ranochigo
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November 08, 2015, 06:58:28 AM |
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Bitcoin doesn't need promotion, it just needs the mainstream media to stop spreading FUDs about Bitcoin. Most governments have not yet announced their regulations implemented for Bitcoin. Without implementation, average joe wouldn't want to test out Bitcoin as it may become restricted in the future.
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RealBitcoin (OP)
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November 08, 2015, 09:16:36 AM |
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Bitcoin doesn't need promotion, it just needs the mainstream media to stop spreading FUDs about Bitcoin. Most governments have not yet announced their regulations implemented for Bitcoin. Without implementation, average joe wouldn't want to test out Bitcoin as it may become restricted in the future.
They will not stop spreading FUD because that is what media does. They pick up news and spin them to sensationalism. People dont read up on random economic inventions, but if they link it to criminals then it becomes an "exciting" reading. Thats how human psychology works. But we need to counteract the harmful PR with positive PR, in an organized advertising campaign.
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Blue_Tiger73
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November 08, 2015, 10:06:47 AM |
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I think a big problem with people is that they are not bothered to start using Bitcoin. They are fine with fiat and don't see why they should change. That is why Bitcoin needs more advertising. More places need to accept Bitcoin, this way more people find out about the convenience of Bitcoin. Also, there needs to be more ways to earn Bitcoin so that people have an incentive to start. The only ways I know are: signature campaign, gambling, selling goods and services and faucets. If we find a way to improve these aspects of Bitcoin, the industry would definitely expand.
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RealBitcoin (OP)
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November 08, 2015, 10:12:43 AM |
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The only ways I know are: signature campaign, gambling, selling goods and services and faucets. If we find a way to improve these aspects of Bitcoin, the industry would definitely expand.
Well its a process, and time will tell. However we could accelerate that, instead of waiting 30 years to evolve, it could be done in 5. More customers create demand, the free market fills in that demand, then the people will also have a job to work for. This is how capitalism works ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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doublemore
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November 08, 2015, 10:25:00 AM |
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Maybe lack of gimmicks or lack of need is a big reason. Mainstreamers are sheep they dont do things unless its fun and simple or they get something out of it which is very easy to understand. They dont understand the need to take away money from gov at this point.
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RealBitcoin (OP)
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November 08, 2015, 10:54:50 AM |
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Maybe lack of gimmicks or lack of need is a big reason. Mainstreamers are sheep they dont do things unless its fun and simple or they get something out of it which is very easy to understand. They dont understand the need to take away money from gov at this point.
Probably. But bitcoin is fun, I mean how more fun it can be to make money so easy to use? I`m sure none of us like the credit card problems, stuck funds, etc.. So bitcoin is more easy and fun. And they get something out of it: they get to keep their money and not get stolen in bail-ins.
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RealBitcoin (OP)
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November 08, 2015, 11:03:27 AM |
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You can't go big promoting Bitcoin to mainstream while network can't handle a significant amount of users. Apart from that Bitcoin imo is working flawlessly.
The developers should really hurry up now. One thing that irritates me to oblivion is that we are working hard to promote bitcoin, but we have to delay it's "mass adoption" because the devs need to bicker and conflict with eachother a few more months. How childish is that? They delay the benefit of massive bitcoin development, because they can't set aside personal differences, and thus hurting us all.
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Blue_Panda73
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November 08, 2015, 11:09:31 AM |
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Bitcoin is just 6 years old. It is still in early stages. It will take a few more years for it to be more widely used.
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bitboy11
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November 08, 2015, 11:54:14 AM |
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Bitcoin will become mainstream in time...OP, are you desperate to get rich in the next 10 years? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Let's not rush it people, Patience is a virtue!
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mixan
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November 08, 2015, 12:00:40 PM |
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Bitcoin is just 6 years old. It is still in early stages. It will take a few more years for it to be more widely used.
Yes. It is still in it's infancy compared to 100-200-300 year old currency. Let it mature then it will be appealing enough for everybody to use in their daily lives. The developers have already made it easy enough to just swipe and go using apps. So the simplicity is there. Now just need more of the major players to adopt it in their corporate plans then it will be all good in the eyes of world.
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The parasite hates three things: free markets, free will, and free men.
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