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Author Topic: Cryptocurrency is Great, But How Many Persons Know That?  (Read 2662 times)
Terrexa_Exchange
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November 14, 2018, 02:26:35 PM
 #321

Cryptocurrency is great, but I doubt that more than a fraction of the global population knows this, and an even smaller fraction understands why.
So many factors influence the minds of those not intimately acquainted with encryption, finance, and the underpinning principles of cryptocurrency that those same minds can be swayed by media/government propaganda, the negative opinions of others, and bad press.
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November 15, 2018, 06:13:00 AM
 #322

making someone believe in something that is related to the value of money is very risky and sometimes very quickly spread, cryptocurrency provides benefits to users and is more effective and efficient, now all we need to convey is benefits and benefits, there will be more new users who will learn if things it is useful

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November 15, 2018, 06:57:02 AM
 #323

Naturally, cryptocurrency is great but not all cryptos are that great. So many people already know about it but not all people believe in it. Only those who believe can tell the  greatness of crypto and how their lives had changed because of it.

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November 15, 2018, 08:34:16 AM
 #324

this will vary from country to country. Developed countries are more aware of this so 50–60% people know about it.
In China for example this is a burning topic recently so 25–30 % are aware of Bitcoin and crypto-currency but countries like india where it's in embryo stage it is around 5–7%.

but today there are at least 15 million people using crypto. so that would be about 0.2% of world population.
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November 16, 2018, 12:25:50 PM
 #325

Great in what exactly?
We experienced this for the last one year and a half; as a conclusion, no one would need a cryptocurrency for small trades and purchasing whatever the service offered. Cryptocurrencies aim to cut off with traditional finance but this may let some big issues occurs more than solving some others. It's almost difficult for regular users to take responsabilities for their own wallets.
Expect for those using cryptocurrencies for trade, the rest (majority) won't see how great it is.

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November 17, 2018, 03:39:32 AM
 #326

Yes cryptocurrency is very great, but we cannot predict how many persons know that. 80% of the people now know about bitcoin. Because bitcoin would change many people lifestyles. Many of the youngsters now doing bitcoin as their main job. It will give more benefits, people can earn lot from bitcoin. This makes bitcoin very famous among the people. People are now very much interested to invest in bitcoin for their future.
what you say is all true, cryptocurrency is indeed very great and many people who have used bitcoin and cryptocurrency that they have used it as their main job, like what you say.
but why does all this make the price of bitcoin and altcoin decrease?
if we think that many don't buy and use bitcoin and altcoin that makes the price increase, but why does this price drop?

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November 17, 2018, 11:14:20 AM
 #327

most people don't really know the blockchain system
that really works,
so far there are many assumptions as a means of investment on a long scale, it is important to know there are still many companies that really use the blockchain system in their company even though there are many who use it for a purpose to gain profits regardless of the maintenance aspects of their own company. understand which projects are right to build or just want profit.

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November 17, 2018, 06:56:16 PM
 #328

Most of the people know that already but due of the present situation of market nowadays majority are losing interest in it.
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November 17, 2018, 07:27:26 PM
 #329

I think a lot of people at least heard something about Bitcoin somewhere on the news, as now Crypto is too big of a thing for social media to ignore.
However, the number of people actively involved in Crypto-related things is significantly lower. Crypto is still an unknown land, people are too afraid to enter it - or just too lazy to learn new stuff.
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November 17, 2018, 07:41:01 PM
 #330

Naturally, cryptocurrency is great but not all cryptos are that great. So many people already know about it but not all people believe in it. Only those who believe can tell the  greatness of crypto and how their lives had changed because of it.
Most of the time those people who never knew the real usage of crypto have a negative impressions about this new system, they still see that this is just another form of scam or ponzi without realizing the good usage that the system offers, it's still in need to have more informational drive for this chain in
order to attract more adoptions and more establishment and businesses to start using this crypto currency.

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Ethien
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November 17, 2018, 09:32:47 PM
 #331

Of course, most of the population know about crypto.. but very few are in, and even less understand and believe.
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November 19, 2018, 06:49:34 AM
 #332

Weis aims to provide social media and digital marketing services to provide more awareness of cryptocurrencies and how we will reform a user friendly platform to filter the huge amount of information available to those entering the crypto market and to those already operating within it.

Ethereum smart contract technology will be used to provide a streaming media platform designed to put new and emerging talent shoulder to shoulder with established artists and household names, and in turn bringing more users and awareness to crypto.

However, there are so many more cool reasons why the project will thrive, especially the token.

You can check their whitepaper very carefully under the token section to understand what I am talking about.

To read up more about their project, please check their website here - https://weishub.com/
You can also quickly scan through their ANN thread here - https://bitcointalk.org/index.php?topic=3495546.msg36235747#msg36235747
Or join them on telegram to follow up on project updates - https://t.me/weishub
Cryptocurrency is great but it wasn’t meant for everyone. I know a lot of us here who loves tech would say it means a lot, but for majority of the people out there, it doesn’t matter. Most of the people wants to play it safe and slow by making use of banking which is different from Blockchain. I’ve been hearing that BitcoinBlockchain might not be the thing in future, heard there are other similar Blockchains which people are yet to discover, and when they do, it won’t be good for Bitcoins Blockchain.

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McOwen95
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November 19, 2018, 09:32:45 PM
 #333

Cryptocurrencies is a great,  no doubt but depending on the level of information that one has about it will determine how good it's able to change one's life either positively or negatively.  This is because not everyone who is involved in cryptocurrencies will be great despite how good the market is.
Kevin43
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November 20, 2018, 11:07:11 AM
 #334

crypto currency is awesome but many people without knowledge listen to some news (as bad news spreads fast  Grin) and they think negative about crypto without investigating , but good news about crypto don't spread to those people 
kubori102
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November 22, 2018, 03:14:01 AM
 #335

Many people hear about electromagnetic money but do not know much about them. They only hear the Ponzi fraudsters, multi-level talk about super-profits and do not really know the nature of the crypto. In my country a lot of people were cheated in such a way.
perfect999
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November 22, 2018, 05:21:01 AM
 #336

Weis aims to provide social media and digital marketing services to provide more awareness of cryptocurrencies and how we will reform a user friendly platform to filter the huge amount of information available to those entering the crypto market and to those already operating within it.

Ethereum smart contract technology will be used to provide a streaming media platform designed to put new and emerging talent shoulder to shoulder with established artists and household names, and in turn bringing more users and awareness to crypto.

However, there are so many more cool reasons why the project will thrive, especially the token.

You can check their whitepaper very carefully under the token section to understand what I am talking about.

To read up more about their project, please check their website here - https://weishub.com/
You can also quickly scan through their ANN thread here - https://bitcointalk.org/index.php?topic=3495546.msg36235747#msg36235747
Or join them on telegram to follow up on project updates - https://t.me/weishub
It is great but not great for everyone. Just like the saying goes: another man’s meat is another’s poison. It might be great for you but will not be for others. I made a lot of profit from Bitcoin and it also changed my life in a big way, but some of my friends who started it with are no longer into it, because it didn’t work out the same way for them. So not everyone is going to be lucky the whole time.

Platio
Smart Banking Ecosystem


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Platio
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November 22, 2018, 07:12:08 AM
 #337

Great in what exactly?
We experienced this for the last one year and a half; as a conclusion, no one would need a cryptocurrency for small trades and purchasing whatever the service offered. Cryptocurrencies aim to cut off with traditional finance but this may let some big issues occurs more than solving some others. It's almost difficult for regular users to take responsabilities for their own wallets.
Expect for those using cryptocurrencies for trade, the rest (majority) won't see how great it is.
Yes man you’re right, I don’t think Bitcoin is really great as most of these fanatics claims it is. Even mining is getting worst day by say and is kind of extortionate. The truth is that cryptocurrency is not meant for everyone, except traders and investors and maybe tech savvies with interests in researching or being part of it, just whatever, but not for a regular use. It is highly volatile and leaving your money in a bitcoin wallet is hell of a risk.
Lol, funny comment. Without failure you won’t know success. This is not the first time we are seeing things like this. Even as you’re complaining about all this, there are people who don’t even care and are still doing what they are doing and even progressing more than you expect.

It just doesn’t work for everyone, that’s it. Even as the price is falling, some traders are complaining, but there are traders who knows what to do to make profit

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