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Author Topic: Most people dont even know what this is yet.  (Read 13130 times)
Kim Domingo
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September 23, 2017, 09:19:25 AM
 #361

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...
Well that is a sad reality but it is really true. There are still lots of people who do not know yet about bitcoin cryptocurrency just like here in my country because the information about it is not widely spread also the bitcoin usage is not that observable because only minimal number of people have been using and knowing it since then. The reason why people still do not know it is because they do not evenly feel its existence due to the fact that there is no direct impact happening to them related to bitcoin usage. But sooner or later when they do know bitcoin well, those stores and people you have asked will surely know bitcoin.

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September 23, 2017, 09:23:04 AM
 #362

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...
The sad reality about bitcoin is this yet some people wants to make it legalize already. How can you make a thing to be legal if it is not yet that popular? I think people should teach people how things work on bitcoin in that case people will recognize bitcoin.

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September 23, 2017, 09:24:14 AM
 #363

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...
I'm not surprised anymore about this matter because I know that it is just normal that not everyone is aware on what bitcoin is. The thing is that bitcoin is not yet legalized all over the world so don't expect that everyone you'll meet on the way has an idea about bitcoin. Maybe they will say that they have heard it but haven't tried it yet. This thing is one of the issue that makes us wonder how come people don't have any idea about bitcoin in their life yet.

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September 23, 2017, 10:02:37 AM
 #364

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...
The sad reality about bitcoin is this yet some people wants to make it legalize already. How can you make a thing to be legal if it is not yet that popular? I think people should teach people how things work on bitcoin in that case people will recognize bitcoin.
This situation will continue for a very long time. All users of bitcoin keep their savings and hope to earn on the price increase. From sellers there is simply no demand for the purchase of goods with bitcoin. There is no demand there will be offers. We need to change the approach to the use of bitcoins.
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September 23, 2017, 11:13:41 AM
 #365

Yes, just wait. Bitcoin is still on its infancy stage. It is still developing. Do not worry. Its popularity is increasing. Individuals getting to know Bitcoin are increasing. Businesses and companies accepting Bitcoin as a payment are increasing. It just needs time. I believe someday Bitcoin will be known worldwide.

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September 23, 2017, 11:24:10 AM
 #366

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...
indeed bitcoin not so well known in store shop payments. only certain stores accept bills with bitcoins. it is very rarely found in Indonesia my country

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September 23, 2017, 11:29:22 AM
 #367

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...

Of clurse even if bitcoin is more rampant now than before there are still a considerable amount of people that doesnt know or who still doesnt realize what the power of bitcoin can do to their lives and in their business. Most people are now hust starting and its up to us to further it.


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September 23, 2017, 12:39:39 PM
 #368

Although many people "know of it", since its been in the media for good and bad reasons alike, they are not really aware of how disruptive it is. They have heard of this newfangled "digital money", they have the concept in their heads, but not yet grasp how it works at even a superficial level, nor the profound changes it will bring to our economic system. How it will change ownership, trust, bank relations, citizen-state relations, privacy, cross-border transactions, etc. On the business side, things are even worse, as entrenched business are very risk averse and don't want to lose control or revenue.
Its changing, but it takes time. And its going to be up to us, to bring more people on board, one pitch at the time.  Smiley
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September 24, 2017, 06:50:21 AM
 #369

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.
Thanks for that perfect answer you gave Rozita.
The fact that bitcoin has gotten to this stage today is because we all know about it and what it has to offer and we decided to buy in at any cost. If we had not and no one bothered about it, it might still be hovering around $1 and probably most people would have just dumped the little they have now since there is no prospect and that is if anyone will even be ready to buy.

The more people get to know about bitcoin, the more the demand and the more the value increases, so Rozita may need to have a rethink on that statement.

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September 24, 2017, 07:20:54 AM
 #370

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...

True most people don't even know about bitcoin and also if it exist or not. Some show curiousity about it but still they do not believe in it they only think that this is a scam. It is hard to tell people about bitcoin because they just ignore the introduction to it. Well time will come that they will knew it and would regret that they ignore it.

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September 24, 2017, 07:35:10 AM
 #371

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.
Thanks for that perfect answer you gave Rozita.
The fact that bitcoin has gotten to this stage today is because we all know about it and what it has to offer and we decided to buy in at any cost. If we had not and no one bothered about it, it might still be hovering around $1 and probably most people would have just dumped the little they have now since there is no prospect and that is if anyone will even be ready to buy.

The more people get to know about bitcoin, the more the demand and the more the value increases, so Rozita may need to have a rethink on that statement.
Many people have discovered the bitcoin through social media,I wonder if it will show on tv so many people will know about it.Bitcoin is already popular all over the world,but still in each country there are few bitcoin enthusiast you will encounter.



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September 24, 2017, 07:47:15 AM
 #372

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...
That is one of the problem of the bitcoin, many people in our society is not yet aware to the bitcoin. It seems that we need to make a move to spread our knowledge for them to learn what is bitcoin.



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September 24, 2017, 07:58:43 AM
 #373

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.

All people around the world will not be aware what bitcoin is including its usage and benefits without commercialize it on tv. But once they know about it they will make way to learn and earn from it also. Spreading the word about bitcoin for family and friends is helpful for them to know and learn, have income, and invest in bitcoin as time comes.

One thing that can help bitcoin become the largest and most widely used digital currency by everyone is to provide as much information as possible to everyone. Because if someone does not know something it will definitely ignore it, but the way you say about providing information about bitcoin to family or friends is slightly less provide higher benefits. Because I'm sure most of our family and friends will think differently or think that we are successful people and can be a place to find a solution to their economy.
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September 24, 2017, 08:18:23 AM
 #374

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...
I think the reason behind those people who still doesn't know the existence of bitcoin is because in their country or location, bircoin cryptocurrency has not yet been legalized or established for a wide usage. Maybe also lack of resources to rely on the basic informations about bitcoin cryptocurrency. I think it will be beneficial if they will do know about bitcoin so that the demands will be raised that can result to the rise of the bitcoin price rate.

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September 24, 2017, 08:26:08 AM
 #375

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...
I think it is a great thing just think about it if the percent of people who knows it is just as low as you said,Think about what would happen when almost everyone knows about it the price would surely be super high.
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September 24, 2017, 08:58:25 AM
 #376

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.
Probably they ignored bitcoin because they always think that this is a kind of scam. And they don't have courage to face challenge and lack of interest. Anyway, we can't blame them because is that they put  in their mind. And if they know how good is bitcoin to us, probably they will turned it back.

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September 24, 2017, 09:49:14 AM
 #377

For now a lot of people in my area already ever heard bitcoin because the media ever mention it few times when ransomware wannacry become global and when the price hit $4000, but a lot of peole choose to ignore this things according to them it is an illegal coin, I think it is time for the media covering the good side of bitcoin, bitcoin really help a lot of people out from poverty

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louisedem
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September 24, 2017, 10:19:10 AM
 #378

Yeah, when Bitcoin will become the premium way for people to pay online because of lower fees and many other advantages, as well for all people wanting to send money to their family abroad, price will rock for sure !

We should consider a lot when spreading information regarding Bitcoin, the tendency for us to earn will be lesser since people will start to panic and immediately will seek information about what goin on here, mere fact that price will raise but the opportunity for us to as a Forum user since then will be lesser we cannot run with the development of bitcoin I think, if that will happened.

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September 24, 2017, 10:48:02 AM
 #379

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...

Of clurse even if bitcoin is more rampant now than before there are still a considerable amount of people that doesnt know or who still doesnt realize what the power of bitcoin can do to their lives and in their business. Most people are now hust starting and its up to us to further it.
There are reasons why some people would continue to ignore Bitcoin:

1.  some people just don't want to put their faith one more time on another internet money after all they have heard or experienced;

2. Bitcoin and the technology behind it, is knowledge based and that already is a barrier for many;

3. infrastructure and communication devices are elusive and a luxury in some part of the globe.


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Russelmain
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September 24, 2017, 10:53:13 AM
 #380

People are still afraid to introduce bitcoin into their lives due to the fact that its course is too unstable or even not heard of it. In order for all to switch to the digital currency, more than one generation must change.

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