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Author Topic: Most people dont even know what this is yet.  (Read 13057 times)
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August 16, 2017, 07:19:44 AM
 #61

We that know about bitcoin should do everything within our means to invest in bitcoin and cryptocurrency to make their life better. From my country over 95% of our citizens do not know about bitcoin and cryptocurrency.  We should to make good comment on our facebook page and make free tweet about bitcoin.


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August 16, 2017, 07:59:49 AM
 #62

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 indeed,and if shops start using bitcoin for a payment option they will end up getting arrested.Why arrested? Government officials of a few countries think that bitcoin is used for hiding some shady crap even though not all people are corrupted. Also it is not official in any country so why would some one risk their whole business on something not official? Well,you can try explaining it to them and if they understand well and good ,otherwise its their loss....

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August 16, 2017, 08:23:29 AM
 #63

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...
yes in our country people are not aware of bitcoin. there are no stores or malls to accept bitcoin. i think bitcoin is very young at this moment.

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August 16, 2017, 08:44:55 AM
 #64

Of course, many people still do not know about this and if they start actively using bitcoin, then its price will grow much and it will be practically impossible to earn it. It will become only an instrument for investment.

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August 16, 2017, 08:56:19 AM
 #65

Yes there are many people in our community who doesn't know the real purpose and use of bitcoin but when all the people knew that bitcoin have an interesting offers that helps their daily life,I'm sure bitcoin will become goes up as we check the price now it may be better than this price because the demand become too high and the supply become too low that's why it result the high bitcoin price.
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August 16, 2017, 09:08:44 AM
 #66

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 agree with you. It is a sad sight to see so many not having heard about bitcoin at all. Even people involved in some sort of technology related careers have no idea what bitcoin is. This is also one of the main reasons why many businesses have yet to accept bitcoin as a payment method and have turned away from using it. Most customers / people are not ready for the change that bitcoin comes with, as they are just getting used to the current Fiat system - maybe.

We will definitely see a change in bitcoin's popularity over the next few years, where more and more users will start using bitcoin which will push the value up even higher.

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August 16, 2017, 09:17:16 AM
 #67

Maybe around you the situation is really like this.
Couple days ago I was reading the article here on the forum, there was the information that 80% of people in China don't know bitcoin. I think we can move it to all the world, but 20% is not so little number actually. I remember, when I just joined two years ago, we already have discussed this topic already here on the forum. And that time the talk was about 2% as I remember. Two years needed to the number raised ten times. I suppose now the number of people who know bitcoin will be growing together with Bitcoin's price and it's popularity.
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August 16, 2017, 09:19:52 AM
 #68

Maybe around you the situation is really like this.
Couple days ago I was reading the article here on the forum, there was the information that 80% of people in China don't know bitcoin. I think we can move it to all the world, but 20% is not so little number actually. I remember, when I just joined two years ago, we already have discussed this topic already here on the forum. And that time the talk was about 2% as I remember. Two years needed to the number raised ten times. I suppose now the number of people who know bitcoin will be growing together with Bitcoin's price and it's popularity.

Is is very good information for long-term holders of bitcoin and altcoins.
Because people just start find out what is bitcoin and new money is coming. So it is still very good idea to invest to bitcoin!

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August 16, 2017, 10:24:53 AM
 #69

Maybe around you the situation is really like this.
Couple days ago I was reading the article here on the forum, there was the information that 80% of people in China don't know bitcoin. I think we can move it to all the world, but 20% is not so little number actually. I remember, when I just joined two years ago, we already have discussed this topic already here on the forum. And that time the talk was about 2% as I remember. Two years needed to the number raised ten times. I suppose now the number of people who know bitcoin will be growing together with Bitcoin's price and it's popularity.

Is is very good information for long-term holders of bitcoin and altcoins.
Because people just start find out what is bitcoin and new money is coming. So it is still very good idea to invest to bitcoin!
If we will look for long term in bitcoin then investing is still good for bitcoin because the price of bitcoin is still not maxed pump and i think that it can move up even higher like double or even triple for what the price now. Bitcoin will help the current old financial system to be in a form a new and fast money and that is why bitcoin will become one of the most expensive money.

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August 16, 2017, 10:35:13 AM
 #70

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...

People who make money on the internet are more likely to know about bitcoin, this is also for stores, if you now go to a store to buy something using your bitcoin debit card (if you have one) the owner of that store or the manager Will be curious and will want to know more about bitcoin

People are only interested in something that benefits them, if bitcoin offers some benefit to people, then people will seek to have bitcoin.

You should bring more people to the bitcoin world, to increase the bitcoin community, this is an advantage both for you both for all.

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August 16, 2017, 11:19:13 AM
 #71

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...

People who make money on the internet are more likely to know about bitcoin, this is also for stores, if you now go to a store to buy something using your bitcoin debit card (if you have one) the owner of that store or the manager Will be curious and will want to know more about bitcoin

People are only interested in something that benefits them, if bitcoin offers some benefit to people, then people will seek to have bitcoin.

You should bring more people to the bitcoin world, to increase the bitcoin community, this is an advantage both for you both for all.
When we share for some ways to earn online, it's still hard to find btc on it. Unless we trued to read some discussion on some websites. My friend who taught me found it on a wbsite whuch discusses about technologies.  I tried before clicking sites and paid in paypal and affliate, still it's not a good way to earn. I'm thankful i have driend who shares his knowledge.

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August 16, 2017, 11:23:13 AM
 #72

We need to advertise bitcoin among our friends and acquaintances, we need to explain how it works and the number of users will increase. In my city, too, almost no one heard of Bitcoin.

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August 16, 2017, 02:17:07 PM
 #73

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...

Most people who have heard about Bitcoin are those who work in IT, finance and those who read a lot of news (mainstream media are covering Bitcoin sometimes) or have friends who told them. It's really hard to say how much of the population knows about Bitcoin, but I would say it's around 20-30%. Out of those people, only few actually own some BTC, as many think that it's a bubble, or it's just too risky. This means that there's a lot of space for growth, and Bitcoin can be valued at $50,000-100,000 if mainstream adoption will be reached.

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August 16, 2017, 02:25:13 PM
 #74

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...

Most people who have heard about Bitcoin are those who work in IT, finance and those who read a lot of news (mainstream media are covering Bitcoin sometimes) or have friends who told them. It's really hard to say how much of the population knows about Bitcoin, but I would say it's around 20-30%. Out of those people, only few actually own some BTC, as many think that it's a bubble, or it's just too risky. This means that there's a lot of space for growth, and Bitcoin can be valued at $50,000-100,000 if mainstream adoption will be reached.
I think as well that bitcoin is only known to the financial sector and those who are willing to think out of the box.
Although more and more people have at least heared the term bitcoin already a few times, the percentage of people who are holding some ist still somewhere close to zero.
For example, I have never seen one of those bitcoin accepted stickers in an offline shop.
So the potential for bitcoin is magnificent!

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August 16, 2017, 02:32:44 PM
 #75

The situation with the popularization of bitcoin can change only when next to the price of item in local currency the price will be in bitcoins. Many people don't understand what bitcoin is and where it can be spent. One conclusion. We need to develop the market.

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sheldonnnn
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August 16, 2017, 02:46:39 PM
 #76

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 have the same situation in my country. But I think that in the future it will change. I think that I will use bitcoin in shops and restaurants very soon. It's unavoidable.






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Harlot
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August 16, 2017, 02:51:23 PM
 #77

I don't recommend people doing this because you will just look dumb with them, and it may cost you an awkward situation you won't forget. And why did you ask if they accept Bitcoin in the first place? Payment methods are often shown in their doors or near their cash registrar that is why you will see the Visa and MasterCard sign always near them it means they accept these kind of Payment of Methods.

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notyours
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DITCOIN IS NUMBAWAN!


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August 16, 2017, 03:15:38 PM
 #78

Yes many people do not know bitcoin and how important it is that gold is hard to find but when you find that you can think of money immediately. If many people discover bitcoin many changes will happen to the world so it might not be said or released on television and radio. Many banks will fall and many people will make money on bitcoin of course increase the bitcoin price. So it's better to do those who know it but it's not going to be well known by many people and that's the beginning of the change. And if this happens you will prepare for being a millionaire and a good life. So we have a lot of advantages
                                                     - BUY BITCOINS - KEEP HOLDING BITCOINS.

Pleione527
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August 16, 2017, 03:21:38 PM
 #79

Majority of people doesn't know yet about bitcoin actually only few in our country know bitcoin though it's getting popular still many are un-aware of it. Maybe because crypto currencies has not given emphasis in the market nowadays. Maybe after few more years bitcoin will get the popularity like other normal currencies have.

pitiflin
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August 16, 2017, 03:52:35 PM
 #80

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 so sorry for you,you are so very excited to spend your bitcoin,so now you are calling up local stores in your country and interrogating them about bitcoin,and the answer as expected was very poor,bitcoin even after touching 4400$ is not known by most people. But i guess they will get to know in less than a decade,not everybody but most of them. So just hold to your excitement till then.

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