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Author Topic: Most people dont even know what this is yet.  (Read 12915 times)
bluered
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October 02, 2017, 02:13:10 PM
 #481

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...

even in our place bitcoin is not yet known. only the students and small number of people know about it. those people who knew about bit coin are the person who are member of it. the people who are earning from it and those people who know how to manage an account in it.

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October 02, 2017, 02:18:06 PM
 #482

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 because bitcoin is not expose to those kind of people. Only people who have lot of time to find or search about it. Bitcoin also doesnt legalized and still it cant be traced and i think that is also the reason why some doesnt know what bitcoin is. Maybe if they used technology more and read some article about bitcoin they will find it out and can have some knowledge about it.

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October 02, 2017, 03:40:46 PM
 #483

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...

even in our place bitcoin is not yet known. only the students and small number of people know about it. those people who knew about bit coin are the person who are member of it. the people who are earning from it and those people who know how to manage an account in it.
The main factor is because bitcoin is banned in almost all countries so few people are interested in bitcoin, few people especially students are curious about new things and after getting to know they try to get free, after proven profitable course dare to invest.

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October 02, 2017, 03:42:40 PM
 #484

Hey, guys, you will not believe... But I really know a few normal, regular people, who work at their work, who have families, children, do shopping and so on. But they even don't know... e-mails!!! Really, they can not use computer at all. And they consider themselves - normal, usual people. They work 12 hours a day and when they come home, they hardly have power to get to the sofa and switch on TV. So wht BITCOIn are we here talking about???  Wink


Absolutely right were still on the beginning of bitcoin era. Most people don't know what is bitcoin or a digit currency now a days. But it becoming the most uses as mode of payment by other people and that well accepted by merchants becoming popular in this present years.

Bitcoin is probably geared toward the younger generations. Computers, the internet, and emails were always harder to learn for the older generations but the younger people grew up with these technological advances so they were used to it from a young age. The same is happening with Bitcoin and other cryptocurrencies. The younger generation will be more used to it and will understand better than older generations. It's going to take time for Bitcoin to catch on but it will happen gradually. At some point, Bitcoin will be as well known as smartphones.
As your said, Bitcoin needs to wait much time to more popular, it can not grow in a short time as few years and become famous or common like Dollar or FIAT soon. Therefore, when you invest into Bitcoin for long term, you should to have a see long time as 10-20 years for receive the best profits.

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October 02, 2017, 04:20:35 PM
 #485

I don't get too surprised that just very few people understand it or know it. It is highly technical and technology require high knowledge. Hence, less industrial society find it difficult to grapple with due to its processes.
As we all know that there is a lot of illiteracy in the world, and this is the reason why most of the people don’t know about bitcoin. They are not aware of bitcoin that is because they don’t want to think big and get big. They don’t use their mind to think about anything good.
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October 02, 2017, 05:27:24 PM
 #486

We are nonetheless midway to popular use in a handful of many years maybe I feel it will be different but now it is extremely little when compared.
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October 02, 2017, 06:44:43 PM
 #487

Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.

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October 02, 2017, 07:02:43 PM
 #488

I agree but we can teach them to learn about it we can show them what options they could have if they invest in bitcoin and what their profits would be so they will become intrested in this too.
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October 02, 2017, 07:02:55 PM
 #489

Yes i just started with this last week because my friend told me i noticed that in my country very few people know what bitcoin is and what it can do i hope maybe in the future more people will realize the advantages of bitcoin.
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October 02, 2017, 07:05:48 PM
 #490

Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
Yes. Now the price  is  keep  on increasing  by the increase  in  bitcoin  users. Since only 30% of world population  will know about  the  bitcoin  so. After 5-6 years  the bitcoin  will be legal in all the country. And it will replace  the  dollar  at that time. Bitcoin  will be known  by the all people  in this world.

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October 02, 2017, 07:12:52 PM
 #491

Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
Yes. Now the price  is  keep  on increasing  by the increase  in  bitcoin  users. Since only 30% of world population  will know about  the  bitcoin  so. After 5-6 years  the bitcoin  will be legal in all the country. And it will replace  the  dollar  at that time. Bitcoin  will be known  by the all people  in this world.
Can you please show some proofs about on your claim regarding on 30% of the entire population on the world do know about bitcoin. I dont think so into those numbers knowing yet that bitcoin isnt really been considered on many places.There are some but only small in numbers.30% is too much to presume maybe 5-10% would be more realistic or even less.



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October 02, 2017, 07:19:06 PM
 #492

Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
Yes. Now the price  is  keep  on increasing  by the increase  in  bitcoin  users. Since only 30% of world population  will know about  the  bitcoin  so. After 5-6 years  the bitcoin  will be legal in all the country. And it will replace  the  dollar  at that time. Bitcoin  will be known  by the all people  in this world.
Can you please show some proofs about on your claim regarding on 30% of the entire population on the world do know about bitcoin. I dont think so into those numbers knowing yet that bitcoin isnt really been considered on many places.There are some but only small in numbers.30% is too much to presume maybe 5-10% would be more realistic or even less.

I totally agree as 30% is a huge amount of population worldwide, moreover bitcoin replacing Dollar will be very tough as investors and CEO of big banks will try every possible way that Bitcoin don't became powerful and replaces fiat currency as it will reduce their profits and it can lead to eliminate the scope of banks in the world means losing of finical power to a greater extent.

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October 02, 2017, 07:56:49 PM
 #493

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...
YUP i think 80 percent of all people in the world did'nt know what is cryptocurrency becauase people focus on other course or in regular job . in my country 70percent of people dont know about bitcoin because in my country there are many people scared in scam so that's why they did'nt believe to bitcoin .

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October 02, 2017, 10:33:00 PM
 #494

which makes many people do not know about bitcoin because bitcoin can not be inaugurated its existence in all countries even the use of bitcoin can not be felt by everyone. if bitcoin can be made in the form of cards like Atm and each payment can be changed into bitcoin form then everyone can use bitcoin like they use atm card which always exist in each user's wallet.

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October 02, 2017, 11:00:02 PM
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which makes many people do not know about bitcoin because bitcoin can not be inaugurated its existence in all countries even the use of bitcoin can not be felt by everyone. if bitcoin can be made in the form of cards like Atm and each payment can be changed into bitcoin form then everyone can use bitcoin like they use atm card which always exist in each user's wallet.

In my country the reason for me is bitcoin was not yet centralized and people dont have the idea that there was bitcoin or they dont know yet what it is. For some knows it but they think that it just a internet insanity. They think that it maybe some techniques of hackers and scammers. By our defense machanism we dont want to be hacked or scammed. So we dont give opportunity to be part of our lives that what I've though. We prevent from scamming.

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October 03, 2017, 02:16:15 AM
 #496

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...
YUP i think 80 percent of all people in the world did'nt know what is cryptocurrency becauase people focus on other course or in regular job . in my country 70percent of people dont know about bitcoin because in my country there are many people scared in scam so that's why they did'nt believe to bitcoin .
That is the disadvantage for these days right now, because a lot of scams and pyramiding pop ups in the last few years in the internet, it is a trauma for the people to try new things that they can try in the internet so they are all afraid for the possible thing to happen and that is why they are not interested in bitcoin and only few of them are into bitcoin because they are risk takers.

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October 03, 2017, 02:33:33 AM
 #497

yes its true in the future.many people dont know what is bitcoin. well use bitcoin to pay on everything like grocery electric bill etc.maybe in the future bitcoin will grow and use as money

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October 03, 2017, 02:37:27 AM
 #498

When and if the day ever occurs all the early adopters will be on a secluded island somewhere. Hope I can be a part of that elusive group Cool
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October 03, 2017, 05:00:38 PM
 #499

Hey, guys, you will not believe... But I really know a few normal, regular people, who work at their work, who have families, children, do shopping and so on. But they even don't know... e-mails!!! Really, they can not use computer at all. And they consider themselves - normal, usual people. They work 12 hours a day and when they come home, they hardly have power to get to the sofa and switch on TV. So wht BITCOIn are we here talking about???  Wink


Absolutely right were still on the beginning of bitcoin era. Most people don't know what is bitcoin or a digit currency now a days. But it becoming the most uses as mode of payment by other people and that well accepted by merchants becoming popular in this present years.

Bitcoin is probably geared toward the younger generations. Computers, the internet, and emails were always harder to learn for the older generations but the younger people grew up with these technological advances so they were used to it from a young age. The same is happening with Bitcoin and other cryptocurrencies. The younger generation will be more used to it and will understand better than older generations. It's going to take time for Bitcoin to catch on but it will happen gradually. At some point, Bitcoin will be as well known as smartphones.

Maybe yes, and maybe not) There are a lot of young people technologically educated, but they don't ow much about cryptocurrency. My son is a programer, nut he is JUST NOT INTERESTED IN THAT. on the other hand - I am crazy about the topic., though I am 57. And, by the way, older generation now is not the same as it was even 10-20 years ago.

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Koadharber
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October 03, 2017, 05:12:28 PM
 #500

Hey, guys, you will not believe... But I really know a few normal, regular people, who work at their work, who have families, children, do shopping and so on. But they even don't know... e-mails!!! Really, they can not use computer at all. And they consider themselves - normal, usual people. They work 12 hours a day and when they come home, they hardly have power to get to the sofa and switch on TV. So wht BITCOIn are we here talking about???  Wink


Absolutely right were still on the beginning of bitcoin era. Most people don't know what is bitcoin or a digit currency now a days. But it becoming the most uses as mode of payment by other people and that well accepted by merchants becoming popular in this present years.

Bitcoin is probably geared toward the younger generations. Computers, the internet, and emails were always harder to learn for the older generations but the younger people grew up with these technological advances so they were used to it from a young age. The same is happening with Bitcoin and other cryptocurrencies. The younger generation will be more used to it and will understand better than older generations. It's going to take time for Bitcoin to catch on but it will happen gradually. At some point, Bitcoin will be as well known as smartphones.

Maybe yes, and maybe not) There are a lot of young people technologically educated, but they don't ow much about cryptocurrency. My son is a programer, nut he is JUST NOT INTERESTED IN THAT. on the other hand - I am crazy about the topic., though I am 57. And, by the way, older generation now is not the same as it was even 10-20 years ago.
Good to see that there are oldies who are engaging already on bitcoin which is actually a nice thing.I agree on what you have said here those people who are older compared on those previous years or decades is really different knowing that technology do innovate even more which adoption or awareness on techy things would really be there.


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