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Author Topic: Does low number of Bitcoin Facebook "Likes" prove we are all early adopters?  (Read 2728 times)
BitChick
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May 09, 2013, 11:08:33 PM
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This is not a scientific test by any means, but I just looked on Facebook to see how many "likes" Bitcoin has.  The top page is Bitcoin Users Org with 244,755 likes.  Compare this with something like "Dogs" with 6,509,886 and it is almost comical.  Of course, many of us here understand the value of anonymity.  My husband advised me to be quiet about our BTC holdings.  Who knows, some day just a handful could be worth millions so it might be better not to "Like" it on Facebook and announce to the world we have some.  There may be some of us that choose not to "Like" it for that reason alone.  Or most of the people using BTC do not use Facebook?  That could be the case too. 

But does the small number of "likes" hint at the fact that we are still very early adopters in this?   Just thinking. . .

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May 09, 2013, 11:30:48 PM
 #2

This is a very good social observation. I think that mainstream adopters won't think twice about liking Bitcoin on Facebook. So, I agree that the number of likes is a low estimate of total users (although it's higher than I thought it would be...and perhaps many likers are not users), it's probably not a bad estimate of main streamers.

We don't seem to have many women on this forum, but I think the female perspective is sorely needed here in general.

Hardfork aren't that hard.
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May 09, 2013, 11:59:09 PM
 #3

We don't seem to have many women on this forum, but I think the female perspective is sorely needed here in general.

 Grin  Thanks.  Not everyone has been so kind, but some do not seem to mind a little estrogen.

My husband always tells me I am more "logical" then most females, so maybe I am not "normal?"  I try to bridge the gap between Mars and Venus though. Wink

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May 10, 2013, 12:20:06 AM
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I did not "Like" Bitcoin and neither any of my friends, you wouldn't want to give a company that already has so much information even more information that could potentially make you a target.
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May 10, 2013, 12:23:21 AM
 #5

perhaps. fb privacy etc is ok at best.
also, i think we'll be dead before a few bitcoins are ever worth millions.
but, i like your thoughts

I exaggerate with the millions, but it is fun to dream.  Grin

But I respect my husband's wishes for not saying anything on Facebook.  I suppose if BTC becomes mainstream and someone can figure out we were early adopters (with Facebook's great privacy I am sure it would be easily found) there could be a risk I guess, even if we really do not have much invested. We are not like the early miners!  That said,  I am glad my husband did not mine them and then sell them for pizza or anything like that.  I can only imagine how that would feel!  Cry

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May 10, 2013, 01:02:45 AM
 #6

I'm a pseudo early adopter...I mined a few hundred ฿ before you needed anything more than last years laptop...but those were short lived days for me. I remember "wasting" like $20 on bitcoinmarket.com when the price rose sharply from less than a penny per coin to like several ’ per coin.

I'm not afraid of the wild success of Bitcoin. There are many far ฿-richer people than I who's holdings are more or less well known...I have no intention of ending up incredibly wealthy. I've got a great career ahead of me that will provide well enough for what I want to get done in life. Bitcoin is a bridge to get me through the rest of residency...not my retirement plan.

Hardfork aren't that hard.
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May 10, 2013, 04:51:34 AM
 #7

I recently removed my "like" from Bitcoin on Facebook, along with all the other likes for groups having to do with agorism, anarchism, voluntaryism, free-staters, etc.  I figured why make life any easier for all the three-letter agencies out there?

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May 10, 2013, 09:44:01 AM
 #8

Maybe Bitcoins adopters aren't Facebook adopters. For example: it seems that the youngest generation (the 18-20 years something) do prefers alternative social media channels  :)due to the fact that it isn't cool to use Facebook if your dad do it as well... Smiley

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May 10, 2013, 09:46:57 AM
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I'm not sure anyone has thought about this before. Maybe if you create a compaign on /r/Reddit, like the recent campaign to vote for dropbox support, you could boost the number of likes Smiley

I don't have a facebook account myself but I'm sure many people potentially interested in Bitcoin do.

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May 10, 2013, 03:03:18 PM
 #10

Maybe Bitcoins adopters aren't Facebook adopters. For example: it seems that the youngest generation (the 18-20 years something) do prefers alternative social media channels  :)due to the fact that it isn't cool to use Facebook if your dad do it as well... Smiley

Yes.  I figured that.  Smiley  The typical BTC user may not be a Facebook user at all.  I know my husband stays away from it.  I am willing to risk my anonymity to post pictures of my kids and dogs though.   Grin But when it does become mainstream I am sure the number of "likes" will grow.  It will be interesting to watch I think.

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May 10, 2013, 03:18:02 PM
 #11

I recently removed my "like" from Bitcoin on Facebook, along with all the other likes for groups having to do with agorism, anarchism, voluntaryism, free-staters, etc.  I figured why make life any easier for all the three-letter agencies out there?

I did not "Like" Bitcoin and neither any of my friends, you wouldn't want to give a company that already has so much information even more information that could potentially make you a target.

Facebook is just bad news.  They don't care what injury they cause as long as they're making some coin.  And if a govt agency leans on them with the threat of reducing their profits they aren't going to fight it.

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Kasper Gutman: Yes, sir, we were, but this is genuine coin of the realm. With a dollar of this, you can buy ten dollars of talk.
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May 10, 2013, 08:15:05 PM
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Where is this Bitcoin on Facebook of which you speak? Shocked
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May 10, 2013, 09:08:16 PM
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I think most early adopters value their privacy. If BTC becomes as popular as dogs, watch out because you'll be suddenly sitting on a lot of cash. All sorts of people (family, friends, various leeches, con artists) come out of the woodwork when they find out you have money. Best not to broadcast your wealth to the interwebs.
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May 10, 2013, 09:14:08 PM
 #14

This is not a scientific test by any means, but I just looked on Facebook to see how many "likes" Bitcoin has.  The top page is Bitcoin Users Org with 244,755 likes.  Compare this with something like "Dogs" with 6,509,886 and it is almost comical.  Of course, many of us here understand the value of anonymity.  My husband advised me to be quiet about our BTC holdings.  Who knows, some day just a handful could be worth millions so it might be better not to "Like" it on Facebook and announce to the world we have some.  There may be some of us that choose not to "Like" it for that reason alone.  Or most of the people using BTC do not use Facebook?  That could be the case too. 

But does the small number of "likes" hint at the fact that we are still very early adopters in this?   Just thinking. . .

I am in the majority of people in the world that do not use facebook.  As I understand it, it has a real name policy.  I can also be pretty sure that I would not 'like' bitcoin on it even if I was on it as I don't want to have to answer questions from potential client sand such about why I  liked an 'underground'  'hackers' currency, as I have heard some of them call it.



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ArticMine
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May 10, 2013, 09:55:04 PM
 #15

There are many of us who simply have no use for Facebook. I personally particularly dislike the closed proprietary nature of Facebook. Now if there were a way do dislike Facebook on bitcointalk.org. While I am at it way to dislike Apple would also be good.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
BitChick
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May 10, 2013, 10:05:26 PM
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Where is this Bitcoin on Facebook of which you speak? Shocked

https://www.facebook.com/bitcoinusers?fref=ts


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May 10, 2013, 10:07:47 PM
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Yes it does.

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May 10, 2013, 10:08:51 PM
 #18

Or most of the people using BTC do not use Facebook?  That could be the case too.  

Well there are 2 kinds of people : those who value privacy, and those who use facebook.
BTC users are the first kind.

Kind of figured.  My husband is definitely one who values privacy and he is the typical BTC user.  I, on the other hand, am a typical Facebook user.  It is too hard for me not to share cute pics of my kids and dogs though so I am willing to give up some privacy. Wink  But like I said, I will respect my husband's wishes for not broadcasting some things on there, especially that we have BTC.  

In fact, my husband has told me not to tell many people we are investing in BTC.  That raises another question, how many BTC holders are private about it?  If word of mouth has not been spreading it, the growth is pretty impressive in spite of that too.  Just thinking here. . .

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May 10, 2013, 10:09:45 PM
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There are many of us who simply have no use for Facebook. I personally particularly dislike the closed proprietary nature of Facebook. Now if there were a way do dislike Facebook on bitcointalk.org. While I am at it way to dislike Apple would also be good.

I love it!

I will never get a facebook because they own your info and they have adds on the site. My social life is not a means for others to profit. The way they share your info for money is scary as well.

And I think everybody is a bit too paranoid about their $5,000 in coins being worth much more in this lifetime. Even if you someday had $5,000,000 from that you are hardly a target. There are neighborhoods in the US where every single household has 10x that. People cant torture you for your savings password if you only have it in a saftey deposit box in your states biggest and safest bank branch now can they?

In 10 years nobody will know who still has any coins left so don't sweat a facebook site post. You act like people will start showing up at your house during the purge of 2021 or something.    Cheesy
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May 10, 2013, 10:16:01 PM
 #20

Even if you someday had $5,000,000 from that you are hardly a target. There are neighborhoods in the US where every single household has 10x that. People cant torture you for your savings password if you only have it in a saftey deposit box in your states biggest and safest bank branch now can they?

In 10 years nobody will know who still has any coins left so don't sweat a facebook site post. You act like people will start showing up at your house during the purge of 2021 or something.    Cheesy

Ahhh, but family and friends from Facebook might show up asking for handouts.  It happens. Wink  Since we are boring, middle class Americans our friend might treat us differently too if they found out we even have a few hundred thousand in the bank.  But, yes, it is probably just a dream anyways and Facebook privacy is a topic in itself apart from BTC.

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