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Author Topic: Most people dont even know what this is yet.  (Read 13063 times)
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September 20, 2017, 10:32:52 AM
 #321

Not many people know about bitcoin and very useful for bitcoin users including me, because we first know about the usefulness of this BTC and also its benefits so that if one day bitcoin is known all over the world then bitcoin price will increase and we will get more profit from it.

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September 20, 2017, 01:58:36 PM
 #322

Just consider it a privilege to be amongst the first few who already knew about bitcoin. Yes, more people may mean  higher bitcoin price, but it will also mean a tougher competition for everyone. You now have the opportunity to make yourself expert and profit more now ahead of ohers.

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September 20, 2017, 02:04:40 PM
 #323

I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...
Not all individual knows about bitcoin only people who can use gadgets can get what is bitcoin.

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September 20, 2017, 02:17:44 PM
 #324

I think it is really good that most of the people don't know what is bitcoin. This means that we are among the 1% (not sure about the percentage) of people that have known bitcoin sooner. That time when all of people know what is bitcoin and need that for their life, the price will be much higher than today. So we will be rich.


Totally agree with this, just imagine if bitcoin spread out through out the world. People would panic and would want to learn how to earn BTC, the competition on earning bitcoin would be too high. The tendency is, earning through bitcoin would be lesser.

Yes it is true, we can be rich when the time comes that most of the people soon is part already of bitcoin and it may increase bitcoin's value, but for me it is not bad to share with those who is need since it doesnt need fee to create an account which is good , but a side of me dont feel like talking about bitcoin in a circle of my family cause different perspective comes in like its illegal, scam and shits me out,

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September 20, 2017, 04:31:45 PM
 #325

In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why  Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.
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September 20, 2017, 04:47:33 PM
 #326

I think it is really good that most of the people don't know what is bitcoin. This means that we are among the 1% (not sure about the percentage) of people that have known bitcoin sooner. That time when all of people know what is bitcoin and need that for their life, the price will be much higher than today. So we will be rich.


I think it would be great if people who can invest big amount of money to bitcoin would know about bitcoin and it's potential. It would help bitcoin price to grow, which is good for those who started early in bitcoin. The more people who know about bitcoin the more investors bitcoin has. So, whether only few or many would know about it, I don't care as long as I'm earning.

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September 20, 2017, 05:56:27 PM
 #327

In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why  Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.

that is not the point, we are living in the world where internet have been the primary needs just like you need to eat. so i think in most places internet available already , the point are when even a classy full of technology store won't adopt a new big thing like bitcoin.

they could do it easily btw. just the matter of time to make them convinced and feel not fear using bitcoin with its volatility.

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September 20, 2017, 09:09:02 PM
 #328


I think it would be great if people who can invest big amount of money to bitcoin would know about bitcoin and it's potential. It would help bitcoin price to grow, which is good for those who started early in bitcoin. The more people who know about bitcoin the more investors bitcoin has. So, whether only few or many would know about it, I don't care as long as I'm earning.

I think the big investors heard about Bitcoin already. The last will have heard of it lasdt week because of JP Morgan who was all over the world on the media because he made an interview over cryptos.
Bill Gates and other rich men also said that they believe in a huge rise in the future, so the big guys surely heard of it already.

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September 20, 2017, 09:14:32 PM
 #329

In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why  Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.

that is not the point, we are living in the world where internet have been the primary needs just like you need to eat. so i think in most places internet available already , the point are when even a classy full of technology store won't adopt a new big thing like bitcoin.

they could do it easily btw. just the matter of time to make them convinced and feel not fear using bitcoin with its volatility.

Amazob, Ebay etc will have to accept Bitcoin one day, and then the smaller stores will follow. Some german online shops for computer hardware accept Bitcoin already.

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September 20, 2017, 09:26:58 PM
 #330

There was a poll done recently, and most people involved in Bitcoin believe that by 202, still under 3% of the population will even own any Bitcoin at all.



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September 20, 2017, 10:22:04 PM
 #331

I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...
You could really waste a lot of time finding people who accepts bitcoin as payment, why won't you hust exchange your bitcoins into real money so you could buy the things that you wanted. There are still many people who don't know about bitcoin because bitcoin is very invisible in some countries.

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randythered
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September 20, 2017, 10:25:19 PM
 #332

There was a poll done recently, and most people involved in Bitcoin believe that by 202, still under 3% of the population will even own any Bitcoin at all.

Do you have any reference to this poll? Would be interesting to check it out. It's strange to think how popular bitcoin is already given that it is such a niche market, imagine if it really did go mainstream?

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September 20, 2017, 10:38:31 PM
 #333

I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...

Actually it's really good that all of people don't not know yet the bitcoin. If all people know what bitcoin is they all try to use bitcoin until the currency and the profit of bitcoin affect because of the user of bitcoin.

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September 20, 2017, 10:56:05 PM
 #334

Not many people know about bitcoin and very useful for bitcoin users including me, because we first know about the usefulness of this BTC and also its benefits so that if one day bitcoin is known all over the world then bitcoin price will increase and we will get more profit from it.

Just not all know bitcoin and i think they not explore bitcoin and they saw in the social about bitcoin but they ignore it because they dont know about bitcoin yet and useful of bitcoin.

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September 20, 2017, 11:23:20 PM
 #335

Not many people know about bitcoin and very useful for bitcoin users including me, because we first know about the usefulness of this BTC and also its benefits so that if one day bitcoin is known all over the world then bitcoin price will increase and we will get more profit from it.

Yes that's true, when the time comes that everyone know about bitcoin and using it the price will surely goes up, as of now the demand for bitcoin are quiet increasing as we can see the volatility of the price, i see this bitcoin with a bright future and hopefully the demand for this one will continue to increase.

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September 20, 2017, 11:27:32 PM
 #336

Not many people know about bitcoin and very useful for bitcoin users including me, because we first know about the usefulness of this BTC and also its benefits so that if one day bitcoin is known all over the world then bitcoin price will increase and we will get more profit from it.

Yes that's true, when the time comes that everyone know about bitcoin and using it the price will surely goes up, as of now the demand for bitcoin are quiet increasing as we can see the volatility of the price, i see this bitcoin with a bright future and hopefully the demand for this one will continue to increase.
More users does not automatically translate to more demand, in short it does not always increase the price. This is always a wrong understanding on how the demand and supply works as clearly what affects it more are the buyers and sellers of Bitcoin, a user who is just earning Bitcoin from faucets and other ways online will only affect the supply side of Bitcoin but only a little as the quantity they will be holding is not as big as the people who are trading it.

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September 21, 2017, 01:19:32 AM
 #337

As bad as it goes, yeah I agree. I think we here are lucky enough to learn maybe not at first hand but at least among the few who knew it earlier while it was still in its growing stage. This opens the idea as well that plenty of opportunities will still come.

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September 21, 2017, 02:16:53 AM
 #338

As bad as it goes, yeah I agree. I think we here are lucky enough to learn maybe not at first hand but at least among the few who knew it earlier while it was still in its growing stage. This opens the idea as well that plenty of opportunities will still come.
The most important thing is, we are here to get into the revolutionary cryptocurrency that will change the world. If we are in this cryptocurrency then we can say that our life is about to change because of the opportunities that we can grab to get some money for improvements of our life and lifestyle which we really like to happen.

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September 21, 2017, 02:26:38 AM
 #339

In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why  Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.

that is not the point, we are living in the world where internet have been the primary needs just like you need to eat. so i think in most places internet available already , the point are when even a classy full of technology store won't adopt a new big thing like bitcoin.

they could do it easily btw. just the matter of time to make them convinced and feel not fear using bitcoin with its volatility.

Amazob, Ebay etc will have to accept Bitcoin one day, and then the smaller stores will follow. Some german online shops for computer hardware accept Bitcoin already.

Why will Amazon and eBay have to accept Bitcoin someday? It's not necessarily a given that even if they do, smaller companies will follow suit (although it's probably more likely than not), but there's argument presented as to why you think those large companies will eventually have to, and the rest of your point reiesnkn this assumption.


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September 21, 2017, 03:34:31 AM
 #340

I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...

Actually it's really good that all of people don't not know yet the bitcoin. If all people know what bitcoin is they all try to use bitcoin until the currency and the profit of bitcoin affect because of the user of bitcoin.
If you are an early holder it will be an advantage because you will profit a lot from it. If you are just starting to acquire some you will also profit but you did not maximize the gain. I guess the thing that you don't want to make other people know about bitcoin will not have a good effect on the market. The more people are into bitcoin, the greater the volume in the market ,the better.

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