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Author Topic: Most people dont even know what this is yet.  (Read 13505 times)
moinul018
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October 15, 2017, 05:08:10 PM
 #621

I think we need more publicity of bitcoin to use it as a medium of exchange. However, no business would want to use it if its price does not stabilize.
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October 15, 2017, 05:09:02 PM
 #622

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...
To me and many people it is only a matter of time before popularization of bitcoin reaches such a level that we can buy and exchange in different places and shops.

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October 15, 2017, 05:17:00 PM
 #623

Around my locality I feel myself to be one in thousand to know about bitcoin. So the rest is unaware of bitcoin,and it takes lot time to make it reach all the people. For this a large scale adoption from countries as a whole is a must. To experience such large scale adoption all that required is time. So lets hold with patience and enjoy.

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October 15, 2017, 05:21:22 PM
 #624

Around my locality I feel myself to be one in thousand to know about bitcoin. So the rest is unaware of bitcoin,and it takes lot time to make it reach all the people. For this a large scale adoption from countries as a whole is a must. To experience such large scale adoption all that required is time. So lets hold with patience and enjoy.
Even myself i do know that im included on thousands or even hundreds people in my country who do know about bitcoin considering that the population count here is high.This indicates adoption isnt really yet scattered
which means it would really need more adoption and awareness on my place but well we do know that it is on the move and does really takes time for people to be aware of it even more.

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October 15, 2017, 09:00:52 PM
 #625

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 there are still many people who do not know the bitcoin. if more and more are aware of bitcoin should be the price of bitcoin has become very expensive, because bitcoin price depends on market demand, the more demand or many who know bitcoin so bitcoin will be more difficult to obtain and the price is very expensive.
There is only 1% of the population of the entire world who knows about bitcoin. Still there are so many who don’t know what bitcoin is. In fact, they don’t even know about crypto currency. It is just a matter of time and I believe with the passage of time, the ratio of the people who knows about bitcoin will be increased tremendously.
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October 16, 2017, 07:52:46 AM
 #626

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, we have not found a solution to make Bitcoin even more popular except when the government and the bank accepted it and considered it as a formal payment method. I think Bitcoin needs approval from the government and the government. For the people, Bitcoin is something so luxurious and untouchable that people can use it as cash.
Well I think you are right we need to  do advertisement of bitcoin now a day every one they are using social medial like face book whatsApp you tube and I think these sources can make bitcoin more popular but I think we also need to educate them first that what is bitcoin and what are the advantage of it and how it work so one if people come to know about bitcoin so they will start to use.
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October 16, 2017, 12:59:07 PM
 #627

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 most of people dont even know it yet because it is not so popular to people but also the other people wont believe bitcoin if they will start joining bitcoin and earn money here in this site then thats the time that they will really believe bitcoin and that bitcoin will make them rich.
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October 16, 2017, 02:30:45 PM
 #628

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's normal. I mean, people around that stores don't know about bitcoin and not even use bitcoin, so why that stores need to accept bitcoin if no one using that bitcoin ? I think we need to wait more until the people realize bitcoin is really worth, in the next 4-5 years, maybe.

I agree with that,. Maybe if they only knew what is bitcoin they will probably accept it. That is exactly right maybe in that year many people and stores know it more and importance on it. So it is normal that the stores react on what they are not really known yet.
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October 16, 2017, 02:41:23 PM
 #629

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...
Maybe because there is till people who live under poverty who doesn't even know what is cryptocurrency. As a third world country here in my country we have so many poor people and mostly the upper class only knows what is bitcoin because poor people will not think about bitcoin anynore if they barely eat 3 meals a day so that is why here in my country bitcoin is not yet that popular but I hope they will learn about it soon that will might help them to leave living under poverty.
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October 16, 2017, 03:02:04 PM
 #630

I agree with you because it is actually very unkown in my country a few people know about bitcoin and the most of them don't believ in bitcoin or don't know how to start with it.
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October 16, 2017, 03:05:24 PM
 #631

Yup there is only few people that knows about bitcoin but i'm sure sooner or later bitcoin will be very popular there's a lot of news popping out lately about bitcoin and everyday the people that get's interested in btc is increasing...

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October 16, 2017, 11:30:25 PM
 #632

everyone knows about bitcoin, I have not met 1 person who has said "I don't know what is bitcoin"
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October 16, 2017, 11:37:30 PM
 #633

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's actually more agreeable than all people crowding this forum. It's a benefit to us and to the forum. Though everyday the people who are joining arr increasin, the btc popularity is increased as well which is a good thing.

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October 16, 2017, 11:47:15 PM
 #634

I agree with you because it is actually very unkown in my country a few people know about bitcoin and the most of them don't believ in bitcoin or don't know how to start with it.

Agreed. They don't believe because it involves money. People in my country are all traumatized of scamming due to different incident they see on television.

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October 17, 2017, 12:14:44 AM
 #635

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 because everyone will not believe BTC just because they can't even hold or even see that crypto thing. I can't blame them for not believing in BTC and consider it as a scam because I am also one of those person who did not believe easily in BTC  but after listening with my friends and reading in this forum it makes me realized that i was wrong for not relieving what BTC can do to us.

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October 17, 2017, 12:45:31 AM
 #636

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...
Maybe because there is till people who live under poverty who doesn't even know what is cryptocurrency. As a third world country here in my country we have so many poor people and mostly the upper class only knows what is bitcoin because poor people will not think about bitcoin anynore if they barely eat 3 meals a day so that is why here in my country bitcoin is not yet that popular but I hope they will learn about it soon that will might help them to leave living under poverty.

I think we should all understand that this Bitcoin revolution will take some time for all to understand and comprehend fully and so the merchants will follow when we get there. We have a lot to do in reaching out to the untold in our respective communities.
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October 17, 2017, 01:06:15 AM
 #637

Indeed, to achieve the full functionality of bitcoin and can be used by everyone will definitely take a relatively long time due to the fact that currently there may be few bitcoin user users in the world, but if the growth of adoption is done by each country will surely speed up the progress of bitcoin. so no more people who do not know bitcoin.
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October 17, 2017, 01:22:52 AM
 #638

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...
Maybe because there is till people who live under poverty who doesn't even know what is cryptocurrency. As a third world country here in my country we have so many poor people and mostly the upper class only knows what is bitcoin because poor people will not think about bitcoin anynore if they barely eat 3 meals a day so that is why here in my country bitcoin is not yet that popular but I hope they will learn about it soon that will might help them to leave living under poverty.

I think we should all understand that this Bitcoin revolution will take some time for all to understand and comprehend fully and so the merchants will follow when we get there. We have a lot to do in reaching out to the untold in our respective communities.
I agree to that. The revolutionary progress of bitcoin will surely take a lot of time first before it makes changes in the economy of our country or community. Bitcoin is not like the trends in social media that will go viral and the other people from different countries will try it also, bitcoin doesn't work like that because it needs to show some proof that telling that bitcoin is a great currency.
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October 17, 2017, 07:25:45 AM
 #639

Yeah, Bitcoin will become the premium way for people to pay online because feasibility and many other advantages, all people want to make more money for  their family, price will increase people will more rich

Except nobody is using bitcoin to pay for stuff online. The vast majority of bitcoin is held as a speculative investment. There is an investment thesis that bitcoin will increase in value because it will become indispensable to future commerce, and it in no way is playing out that way. Bitcoin has become a hype machine, and the higher it climbs, the more the hype builds. People see new highs as validation that they're investing geniuses for recognizing this trend, when in fact, they're just piling on a bandwagon with little economic regard for the consequences or thoughts of utility. And the issue of utility is an important one, because without it, bitcoin is a bubble. When momentum runs out, the bubble bursts. So the best thing for bitcoin would be people using it as a currency and not a speculation vehicle, and in order for that to happen, it has to stop being so volatile, which is what has drawn so many people into it in the first place. It's a Catch-22.
Bitcoin is in fact a premium way of earning a good amount of money at present as well. It is a bare truth that there are still so many people who don’t know even what bitcoin actually is. The good news is with each passing day, the number of people who are getting well aware of bitcoin is increasing. This will help so many to make their lives better.

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October 17, 2017, 01:49:16 PM
 #640

here too, many people join forum but to little people that know what is bitcoin.
no matter how much people know or dont know, some day they will know what is bitcoin

In my opinion i think that they already know about bitcoins and also how much the value of it but they do not really know how to earn it. Maybe if everyone know's how this forum works then everyone will focus on earning bitcoins and reduce the employment rate of country.
Not whole world population is aware of the bitcoin but the number of its audience is increasing with every passing day. Bitcoin is putting on a real show and it is the way to an easy future. Due to its outstanding performance regarding to the price gaining, more mouths are telling it to others. Sometimes, they like to share their success stories or at times they want to help others.
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