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Author Topic: Most people dont even know what this is yet.  (Read 12517 times)
jakoylantern
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October 12, 2017, 07:04:46 AM
 #561

For me yes most of people don’t even know bitcoin yet, but I’m some people heard it and not willing to try it. Bitcoin are becoming famous but other people don’t want to try bitcoin and not even believing what can bitcoin can make, change or done. But I’m sure that bitcoin will be well known in the future that most of the people are willing to using it.  Smiley

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October 12, 2017, 07:08:18 AM
 #562

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 gave them a chance to know it by asking if they do accept it.
Maybe after you walk away they have already googled it and somehow might be in the world of crypto now.
That is one good way of introducing it. Questions.
If you asks they answer then somehow you will leave a mark of a big question in their mind.

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October 12, 2017, 07:25:47 AM
 #563

they have lack of knowledge about bitcoin thats the reason why thats not popular, we are lucky that we found bitcoin theres less competition in earning bitcoin,or maybe someone has an idea but they didn't know how to start they just read and no one tackle or implement what bitcoin is, and they know currency is just the paper money and not the virtual money

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October 12, 2017, 10:24:54 AM
 #564

That was 5 years ago, but for the past year bitcoin continues to be sought by people even trend in various search engines like Yahoo, Bing or Google, I'm sure currently many people are planning to invest bitcoin.

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October 12, 2017, 10:28:44 AM
 #565

That was 5 years ago, but for the past year bitcoin continues to be sought by people even trend in various search engines like Yahoo, Bing or Google, I'm sure currently many people are planning to invest bitcoin.
Compared to the past years now more people were aware about bitcoin and not much are into the trending lists. Even now what the community holds is very low compared to the availability of fiat worldwide. By this week an sudden adoption or a large user base will come to know about bitcoin as Putin has revealed statements to regulate cryptocurrency usage within the country. This will make people get interested to know about the same.

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October 12, 2017, 11:04:27 AM
 #566

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 feel you. Yes there are lots of people who knows bitcoin but compare to the total population of the country there are much more person who still have no idea about bitcoin. In the place where I belong stores, restaurants, shops are also not accepting bitcoin and it is still impossible to them to accept it because they have work purely with interactions to people and no any internet things. But in this place I am sure it is more than 0.1% of people who have heard and earning bitcoin especially in our school since it now continue to spread and we are surprised that sometimes unknown people ask us about bitcoin.

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October 12, 2017, 04:54:02 PM
 #567

Yes, definitely, bitcoin is not that known in the public market to use as your transaction payment, bitcoin is mostly use in online world, where people can easily access it with no further complications. Since in every country bitcoin is not used or known, only the people connected through the online world knows about it. 


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October 12, 2017, 04:56:35 PM
 #568

By the time BTC becomes regular in accepted payments it will be regulated and all with BTC will get taxed heavily.
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October 12, 2017, 05:01:07 PM
 #569

Yes, definitely, bitcoin is not that known in the public market to use as your transaction payment, bitcoin is mostly use in online world, where people can easily access it with no further complications. Since in every country bitcoin is not used or known, only the people connected through the online world knows about it. 

This means bitcoin is not yet fully accepted and not well known to all people. There are many things to consider before it will be accepted in any stores or merchants. Because bitcoin is popular through online and yet needed of other people that lack of knowledge to adopt the new technology.

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October 12, 2017, 05:16:49 PM
 #570

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...

It is true nowadays, there are still many of the people in the whole world don't know yet what bitcoin really is, it maybe some they heard of it but they ignored. But there are country bitcoin was being legalized like Japan, Korea, and others. But like what I said, majority don't know yet bitcoin.
yes it is a reality that most of the people don't even know about it. if i go ask in the street i do believe the most wont be able to answer or know what is bitcoin, that's why companies that does manage big funds will have an important role at crypto promotion. they are quite low in numbers but somehow they are increasing day by day and bitcoin is becoming popular by this in both buyers and sellers.

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October 12, 2017, 05:19:25 PM
 #571

It shows how far bitcoin could go given the current price levels without even a huge majority of the worlds population knowing what it is. If Bitcoin really does gain mass adoption the price could be huge.
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October 12, 2017, 10:39:54 PM
 #572

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.


Its better that not all the people knoe bitcoin because im afraid that if most of the people will already know bitcoin and how to earn bitcoin im afraid that the price of bitcoin will drop so for me its better thay there are only few people know bitcoin so that it will still in a very high price.
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October 12, 2017, 10:52:47 PM
 #573

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, I get quite annoyed when I see people brag the money they have earned while bitcoining in any social media platforms, with a #bitcoin, #investment, and etc. I widely believe in Uncle Ben's saying, "Great power comes with great responsibility." It's good that the percentage of people who knows this kind of industry is still low. I'm as well is new to this industry and been looking forward to explore this magnificent world. Bitcoin will increase in the following years but in the long run, if the population gets bigger, it will reach the declination.

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October 12, 2017, 11:18:18 PM
 #574

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.


Its better that not all the people knoe bitcoin because im afraid that if most of the people will already know bitcoin and how to earn bitcoin im afraid that the price of bitcoin will drop so for me its better thay there are only few people know bitcoin so that it will still in a very high price.
IMO i'm quite afraid too that if most of the people will discover about bitcoin,it will be suddenly gone like any other cryptocurrencies.There will appear lot of scammers too that might destruct the potential of bitcoin.If this happens,i might lost my biggest source of income,and i know most of the people here in bitcoin community will feel the same too.

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niceone
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October 12, 2017, 11:22:08 PM
 #575

Yup bitcoin is not that popular same here in my country there are few store who accept btc. Is it really better if few people know's about bitcoin?? I mean there are advantages and disadvantages if bitcoin finally recognized by a lot of people, the only thing that i don't want to change in bitcoin is it being decentralized...
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October 13, 2017, 01:14:38 AM
 #576

I guess this differ from country to country and the progress of that country if it's first world country or third world for example japan and US many people has knowledge about it because of most it's citizens use some modern gadget and they get easily informed by social media or other sources. If everyone can use the internet then they will probably come across bitcoin or will see it, this is one of the disadvantages of bitcoin but soon the devs will find out a way once it gets popular i hope bitcoin will be decentralized.

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October 13, 2017, 01:47:49 AM
 #577

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.


Its better that not all the people knoe bitcoin because im afraid that if most of the people will already know bitcoin and how to earn bitcoin im afraid that the price of bitcoin will drop so for me its better thay there are only few people know bitcoin so that it will still in a very high price.
IMO i'm quite afraid too that if most of the people will discover about bitcoin,it will be suddenly gone like any other cryptocurrencies.There will appear lot of scammers too that might destruct the potential of bitcoin.If this happens,i might lost my biggest source of income,and i know most of the people here in bitcoin community will feel the same too.

I understand you my friend. It's like more members here in this forum means more competition. I'm also praying that before the world discovers the cryptocurrencies, please let me be a millionaire first.

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October 13, 2017, 05:13:56 AM
 #578

I think so. Just like me when not yet belonged here, knowing that only few people are doing this even if we are lots.

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October 13, 2017, 05:20:25 AM
 #579

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 i know why bitcoin price is getting more expensive and this month bitcoin price is more expensive, because total bitcoin is limited and this month bitcoin do hardfork same as last month hardfork produce free BitcoinCash coin for those who have bitcoin balance.

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October 13, 2017, 05:32:56 AM
 #580

Many people really do not know this. And we can say they are not lucky. I think the time will come when the bitcoins themselves will come to them so they will know it and it is approaching. So let's get ready in the modern world where bitcoins are one of the means of payment.

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