Games.Bitcoin (OP)
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December 04, 2017, 01:09:06 PM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness?  |
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Tatalk
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December 05, 2017, 04:50:09 AM |
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For now, BTC is such h huge digital currency, that it needs no sort of introduction because it is known to millions of people throughout the world and the centralization of bitcoin by the government could be the biggest awareness for the cryptocurrency. Other methods by which we can create awareness among people is by organising debates, campaign, printing pamphlets, hoardings and introduction of cryptocurrency to the youth could prove the great awareness for BTC because youth and cyrptos, both are asset for the planet.
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pooya87
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Crypto Swap Exchange
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December 05, 2017, 04:58:05 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...
not completely correct. people are selling and buying at all times, even when price is rising and even when price is dropping. price goes down only because there are more sellers than buyers and in bitcoin it happens during corrections (small drops) and during panic sells due to FUD (big drops). The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? one mall accepting bitcoin? it is not exactly "blow up" to get excited about. it is a small step though. |
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Lyancy001
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December 05, 2017, 05:13:19 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? For the mean time, we still need to get a lot of Bitcoins before that may happen. It is a good thing that we are the first ones that have noticed Bitcoin's potential. |
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WhichIsGood
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Young, Dumb & Broke
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December 05, 2017, 05:25:48 AM |
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I completely agree that awareness plays a big role in the growth of Bitcoin. Although the people who are involve in cryptocurrency are still a small part of the total world population, i believe time will only tell for the crypto world to run its course and be known because it has slowly becoming mainstream.
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Keptone
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December 05, 2017, 05:26:32 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? Let enjoy the opportunity now, while we spread out by what they see us doing greater things. |
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Games.Bitcoin (OP)
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Tontogether | Save Smart & Win Big
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December 05, 2017, 05:44:05 AM |
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For now, BTC is such h huge digital currency, that it needs no sort of introduction because it is known to millions of people throughout the world and the centralization of bitcoin by the government could be the biggest awareness for the cryptocurrency. Other methods by which we can create awareness among people is by organising debates, campaign, printing pamphlets, hoardings and introduction of cryptocurrency to the youth could prove the great awareness for BTC because youth and cyrptos, both are asset for the planet.
Yes! I agree with this |
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Games.Bitcoin (OP)
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Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
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December 05, 2017, 05:49:26 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...
not completely correct. people are selling and buying at all times, even when price is rising and even when price is dropping. price goes down only because there are more sellers than buyers and in bitcoin it happens during corrections (small drops) and during panic sells due to FUD (big drops). The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? one mall accepting bitcoin? it is not exactly "blow up" to get excited about. it is a small step though. Thank you for the correction However I have to disagree on the mall... it is the first mall in the world to accept BTC and it is the BIGGEST one in S. Korea... it gravitated a lot of attention and I think it's the reason btc shot to $11k |
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kevoh
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December 05, 2017, 05:50:36 AM |
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For now, BTC is such h huge digital currency, that it needs no sort of introduction because it is known to millions of people throughout the world and the centralization of bitcoin by the government could be the biggest awareness for the cryptocurrency. Other methods by which we can create awareness among people is by organising debates, campaign, printing pamphlets, hoardings and introduction of cryptocurrency to the youth could prove the great awareness for BTC because youth and cyrptos, both are asset for the planet.
I think I disagree with the words in bold. Bitcoin still needs a lot of introduction throughout the world. If you are from my part of the world, you will understand how difficult it is to introduce and explain Bitcoin to people. Sometimes I get snide remarks from people I try to introduce bitcoin. The government of my country makes it worse releasing negative statements once in a while about bitcoin and blockchain technology. As it stands, the best way for me and the few others in my country to create awareness on bitcoin and blockchain technology is the proof of wealth that is made at each time bitcoin value increase. |
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postokenlover
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December 05, 2017, 05:57:00 AM |
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Now in some of the developed cities in Asia, there is already a ATM automatic machine that supports bitcoin. Many young people begin to understand bitcoin and invest in bitcoin and other encrypted coins. The government has also begun to realize that the encrypted currency is not closed, only to embrace it will be in line with the trend of this era.
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Kakmakr
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Leading Crypto Sports Betting & Casino Platform
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December 05, 2017, 06:05:03 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...
not completely correct. people are selling and buying at all times, even when price is rising and even when price is dropping. price goes down only because there are more sellers than buyers and in bitcoin it happens during corrections (small drops) and during panic sells due to FUD (big drops). The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? one mall accepting bitcoin? it is not exactly "blow up" to get excited about. it is a small step though. Thank you for the correction However I have to disagree on the mall... it is the first mall in the world to accept BTC and it is the BIGGEST one in S. Korea... it gravitated a lot of attention and I think it's the reason btc shot to $11k I have to disagree with you on that. The biggest driving factor behind the spike in the price is the announcement that Bitcoin futures will be offered on the CME Group and also later on NASDAQ. This is where the real money is coming from, with positive sentiments coming from the institutional capital side. Japan previously opened up a merchant network of over 200 000 merchants that started accepting Bitcoin and we hardly saw any increase in the price, after that announcement. How many shops is there in that Mall? < not more than 200 000? > |
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jseverson
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December 05, 2017, 07:25:18 AM |
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The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing!
I doubt that. May I know what mall this is? The market currently seems to be much more driven by investors, rather than people actually looking into using Bitcoin as a currency. I don't know the statistics of merchants because they don't really release it, but few people seem to actually pay with Bitcoin. I know I wouldn't. I do agree about awareness, though. There's a lot more awareness than normal thanks to all the all time highs breaking, but it's not nearly enough to break into the mainstream. I don't think there's any way to fast track this though, because the more you shove it down people's throats, the more they will think it's a scam. Just talk about it in a positive light and explain in detail if someone asks. |
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Games.Bitcoin (OP)
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Activity: 322
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December 13, 2017, 06:00:04 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...
not completely correct. people are selling and buying at all times, even when price is rising and even when price is dropping. price goes down only because there are more sellers than buyers and in bitcoin it happens during corrections (small drops) and during panic sells due to FUD (big drops). The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? one mall accepting bitcoin? it is not exactly "blow up" to get excited about. it is a small step though. Thank you for the correction However I have to disagree on the mall... it is the first mall in the world to accept BTC and it is the BIGGEST one in S. Korea... it gravitated a lot of attention and I think it's the reason btc shot to $11k I have to disagree with you on that. The biggest driving factor behind the spike in the price is the announcement that Bitcoin futures will be offered on the CME Group and also later on NASDAQ. This is where the real money is coming from, with positive sentiments coming from the institutional capital side. Japan previously opened up a merchant network of over 200 000 merchants that started accepting Bitcoin and we hardly saw any increase in the price, after that announcement. How many shops is there in that Mall? < not more than 200 000? > Thank you for this information! |
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liuqi
Sr. Member
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LuckyB.it is Back!
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December 14, 2017, 08:04:32 PM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? Bitcoin that were spent on Pizza and Bitcoin spent on a t-shirt is one of the things that cause a investor wanting to put their money in btc. Have analyzed it whether it is legit information or not. I think that we will find the bump if there is any adoption comes on bitcoin. Same time Korean government seems named the bitcoin then how mall store can accept the bitcoin openly when the government takes this step. I don't who is fool here. Spent btc on pizza is 2009 but now bitcoin price and supply grows everyday but still there are many people doesn't know about the crypto currencies. |
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Faroxx
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December 14, 2017, 08:13:29 PM |
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one mall accepting bitcoin? it is not exactly "blow up" to get excited about. it is a small step though.
Yes, it's a small step, but is not one of those small steps starts the big move? |
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paul00
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December 15, 2017, 03:02:17 AM |
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I really agree that awareness is the biggest influence on bitcoins value fluctuation. For this years’ phenomena, I believe that it was due to higher number of user and investor of bitcoin. It is also good to know that there is already a s. korean mall accepting bitcoin as mode of payment since it will also be way of making more people aware of it
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hadveach
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December 15, 2017, 03:17:03 AM |
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I will awaken them by explaining that today's bitcoin will get taller and growing, giving warning to meman about some scam projects
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jtipt
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December 15, 2017, 03:17:49 AM |
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? I don't think the mall accepting BTC played a huge role in the recent price surge, it was mainly because of bitcoin futures. But yes such awareness and acceptance of bitcoin is good, one mall is not enough but its a step forward. Though in current condition using BTC as a currency is a nightmare because of high fees and long confirmation times. |
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PossibilityMiner
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December 15, 2017, 03:23:35 AM |
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The awareness is a huge factor there are older people I know who have just sat up and taken notice of Bitcoin finally. As mentioned above though the transaction costs have got to come down if it is going to be used for payments.
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Baimovic
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December 15, 2017, 03:38:52 AM |
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Now in some of the developed cities in Asia, there is already a ATM automatic machine that supports bitcoin. Many young people begin to understand bitcoin and invest in bitcoin and other encrypted coins. The government has also begun to realize that the encrypted currency is not closed, only to embrace it will be in line with the trend of this era.
wow. it's really amazing, but can you mention which country already provides ATM for bitcoin? I am curious . |
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