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Author Topic: how bitcoin is popular in your country ?  (Read 47752 times)
universe_
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August 26, 2016, 01:06:52 PM
 #81

Bitcoins here in my country, only like 5% of people use them.  Sad Sad
Location: somewhere in SEA
im from europe and i have never seen any people using it without me, to be honest that would be cool though

 
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peta4e
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August 26, 2016, 01:13:17 PM
 #82

Bitcoins here in my country, only like 5% of people use them.  Sad Sad
Location: somewhere in SEA
im from europe and i have never seen any people using it without me, to be honest that would be cool though

You cannot keep a watch on each and every people, and there may be many people who are using it but don't want to disclose it, and I think in Europe there will many people who are using bitcoin.
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August 26, 2016, 01:24:06 PM
Last edit: August 30, 2016, 04:47:39 AM by StarofBTC
 #83

It will depend on population of country and the percentage of people aware about the bitcoins, if people are tech friendly and believe in innovative technology then they will surely start using it.

This is indeed. if a nation don't even aware of Internet and Technology hwo they can get to know bitcoin then? no way.
it depends on the Nation's education and awareness of the latest technology. United states is the most educated and developed country so there is no doubt that when a new thing and a new invention came United states people will adopt that first of all.

about my country, I am not living in a well developed country. but here in my county bitcoin craz is increasing day by day.
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August 26, 2016, 01:28:26 PM
 #84

in my country banned the use of bitcoin,but many are using bitcoin

The popularity of bitcoin in cyberspace has begun to occupy the hearts of Indonesia, for the sake of the challenge - the challenge of continuously attacked bitcoin developments in Indonesia until about Bank Indonesia (BI) according to which law violations if using bitcoin as a payment instrument.
I think Indonesia did not leave a ban on the use of bitcoin. they handed over all responsibility for the use of virtual currency to its own

tech_solutions
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August 26, 2016, 01:34:53 PM
 #85

I am from india and still their is no disclose uses of bitcoin , so we cannot tell much about it.
Oralmat
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August 26, 2016, 01:49:18 PM
 #86

In my country, it is a big problem, because no one know about Bitcoin, even when i want to explain about the bitcoin and other crypto currenies than they never want to listen it, because they have no interest on it, and also my government not accept it, thats why my country's people not interested.
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August 26, 2016, 01:54:16 PM
 #87

My country, Bitcoin is not common, but also easily exchanged with an acceptable price
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August 26, 2016, 01:57:55 PM
 #88

i have been noticing some increase in usage of bitcoin in my country but it is far from other countries still. but i am glad that we are on the right track, and possibly in a year or two we can see a lot more adoption and usage in my country.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 26, 2016, 01:58:56 PM
 #89

Here in my country I have got a few of my mates into it but I dont know to many outside of my group to know about it.

Long time lurker and first time post here.  Wink
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August 26, 2016, 02:02:56 PM
 #90

In my country, it is a big problem, because no one know about Bitcoin, even when i want to explain about the bitcoin and other crypto currenies than they never want to listen it, because they have no interest on it, and also my government not accept it, thats why my country's people not interested.

Then you must be the lucky one, because you're the only people who understand about Bitcoin.
Just because the government doesn't accept it, doesn't mean that it's illegal right?
By the way, have you tried to introduce Bitcoin to your family or some close friends.

faucet used to be profitable
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August 26, 2016, 02:04:30 PM
 #91

I am yet to find a single company that accepts bitcoin here in my country, not even people accept it in businesses or other ventures as payments, very rare. Though there are many individuals that use bitcoin and are off to earning btc, some have earned a lot already too but its not in the market yet, nor in businesses either. And I still think its quite some time before Govt. or any other big organization here is gonna consider it as optional let alone making it their main currency.
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August 26, 2016, 02:07:36 PM
 #92

In my country, it is a big problem, because no one know about Bitcoin, even when i want to explain about the bitcoin and other crypto currenies than they never want to listen it, because they have no interest on it, and also my government not accept it, thats why my country's people not interested.
if you're knowing bitcoin and you say that no one know bitcoin in your country,this could be considered as a contrary sentence,even they just don't show any interest,they will eventually try to find out what is bitcoin by themselves when bitcoin just got the popularity,your effort is not such a waste,they atleast heared the bitcoin name because of you

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August 26, 2016, 02:10:52 PM
 #93

In my still country still bitcoin is not legalized and their are not much users of bitcoin, but still i can find that their are lot of online users from india who are buying and selling bitcoins, even their some company who are dealing in bitcoin, how are they doing business still i dont know.
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August 26, 2016, 02:14:07 PM
 #94

In my country, it is a big problem, because no one know about Bitcoin, even when i want to explain about the bitcoin and other crypto currenies than they never want to listen it, because they have no interest on it, and also my government not accept it, thats why my country's people not interested.


it hard to explain about something they not see ( for example : gold they can see and touch) here bitcoin they can not see and touch. that why they not trusted. but i think it still existing some market in there like gambling or casino they are looking for bitcoin ?

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August 26, 2016, 02:30:23 PM
 #95

In my country, I think bitcoin isnt that popular but it is beginning to be popular.  But the problem is that. Im afraid people might get a bad impression about bitcoin since it is advertized by networking company and taking advantage of the ignorance of people about bitcoin and blockchain.  I just hope  those company won't run with their members money coz i don't wanna see another bad news about bitcoin activities.
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August 26, 2016, 02:32:57 PM
 #96

In my country, I think bitcoin isnt that popular but it is beginning to be popular.  But the problem is that. Im afraid people might get a bad impression about bitcoin since it is advertized by networking company and taking advantage of the ignorance of people about bitcoin and blockchain.  I just hope  those company won't run with their members money coz i don't wanna see another bad news about bitcoin activities.

Yeah and the main reason people hesitate in investing their money in bitcoin is that they have fear of loosing their money and that is the major drawback with bitcoins.
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August 26, 2016, 02:41:41 PM
 #97

In my country, I think bitcoin isnt that popular but it is beginning to be popular.  But the problem is that. Im afraid people might get a bad impression about bitcoin since it is advertized by networking company and taking advantage of the ignorance of people about bitcoin and blockchain.  I just hope  those company won't run with their members money coz i don't wanna see another bad news about bitcoin activities.

Yeah and the main reason people hesitate in investing their money in bitcoin is that they have fear of loosing their money and that is the major drawback with bitcoins.
you right , investing in bitcoin also high risky of investment. Nobody can give out guarantee for profit.
some scam company already try give customer 20% >200% profit guarantee before they stolen money and disappear !

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August 26, 2016, 03:04:29 PM
 #98

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .
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August 26, 2016, 03:08:43 PM
 #99

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .
It's not guaranteed that the price of bitcoin will go up; there's a very good chance at any chosen point in time, but trading can yield much more money, and is a very useful resource. It also takes quite a bit of money and time, and price can and will stagnate. You probably won't earn big profit if you only buy a small amount of bitcoin. It's still a popular option with many people, but I prefer trading and investing my bitcoin. Buy low, sell high isn't a very reliable way of making money, and it's generally not fast.
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August 26, 2016, 03:09:58 PM
 #100

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .

So you are talking abou speculation and trading.
Yes it's true that speculating with Bitcoin is right now it's biggest network effect.
And there's nothing wrong about that.
Funny is that I started trading Bitcoin and cryptos in general first before I started forex trading as well.
In general it's the other way around. The pro traders found with Bitcoin another great high volatile market they could make lots of money with.
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