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Author Topic: Cryptocurrency is Great, But How Many Persons Know That?  (Read 2280 times)
orions.belt19
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July 21, 2018, 12:45:49 PM
 #81

This doesn't have a perfect data, from the usage around the globe I believe around 25% of the people were aware about cryptocurrency. Among them around 5-10% continues using it, while the rest stays in fear as it is decentralized. Only the people who have profited as well known about the technology have the clear understanding that decentralization is the one that makes cryptocurrency perfect.

How were you able to come up with those numbers? It's hard to tell just how much of the world is aware of and is actually into using crypto. Just in this forum, there's already a fair amount from various different countries who are aware and actively use crypto, but there's still many people who aren't in this forum to consider.

I don't think that only the people who have profited fully understand the concept of cryptocurrency. Actually, there are people who have profited but don't actually fully understand what bitcoin or cryptocurrency is. Some may have just bought btc back when there was a hype over it but do not comprehend the technology behind it. I know of some people, on the other hand, who know about it but didn't buy or haven't profited in any way. They know about the concept simply because they are interested in technical stuff.
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July 21, 2018, 05:05:07 PM
 #82

According to me, it is impossible to count the number of people known to bitcoin. This number is really large and covers the whole world. So, the number of known bitcoins is increasing rapidly. except, some old people. I saw that in practice. People over 50 do not care much about the crypto world.
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July 21, 2018, 05:21:04 PM
 #83

 Crypto currency is increasingly part of our lives. Trade, medicine, construction
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July 21, 2018, 06:43:41 PM
 #84

I cannot really know it but in my observation in my place and in some places that i've been to is like 60% of the people in the world knows what is cryptocurrency and some of the people in that 60% is not so sure about it but they barely knew it. People always need a proof before believing some people lack of information so they can't learn like these things.



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July 22, 2018, 07:48:55 AM
 #85

There are many people around the world know what is bitcoin but also there are many people in the world that doesn't know what bitcoin really is. They knew that it is cryptocurrency but they don't know what it can do in the future they see it as investment and not solution.
By 2017 many people will recognize cryptocurrency especially bitcoin. Bitcoin prices soar and make some people weird what is bitcoin is? this is the factor that causes bitcoin to become popular. I'm sure, some people who live in developed countries almost 80% most people will know bitcoin, especially for countries that receive bitcoin as a payments tool.

But for developing countries, most of the people will not recognize bitcoin will even be indifferent when there is an education about bitcoin. In general, people living in developing countries will have a lack of technology understanding, they are still comfortable with circumstances that are not related to technological developments.

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slaman29
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July 22, 2018, 09:39:37 AM
 #86

This doesn't have a perfect data, from the usage around the globe I believe around 25% of the people were aware about cryptocurrency. Among them around 5-10% continues using it, while the rest stays in fear as it is decentralized. Only the people who have profited as well known about the technology have the clear understanding that decentralization is the one that makes cryptocurrency perfect.

I don't know about 25% of people. I live in urban cities where people should know more about crypto than in urban areas. I live mostly and work with people who are highly technologically aware as well, but I wouldn't say 1 in 4 are aware of Bitcoin. Maybe 1 in 5 is closer. Because to me, simply hearing about Bitcoin is not being aware. It's like people hear about Jesus but they don't know what it is.

And if you go to rural areas, almost 100% don't know about it.

But anyway, this doesn't mean the numbers are not correct. All numbers are correct at different destinations and for different purposes. What is sure is that every new person who enters adulthood must by now hear about Bitcoin and more are encouraged to use it.

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July 22, 2018, 05:56:07 PM
 #87

This doesn't have a perfect data, from the usage around the globe I believe around 25% of the people were aware about cryptocurrency. Among them around 5-10% continues using it, while the rest stays in fear as it is decentralized. Only the people who have profited as well known about the technology have the clear understanding that decentralization is the one that makes cryptocurrency perfect.

I don't know about 25% of people. I live in urban cities where people should know more about crypto than in urban areas. I live mostly and work with people who are highly technologically aware as well, but I wouldn't say 1 in 4 are aware of Bitcoin. Maybe 1 in 5 is closer. Because to me, simply hearing about Bitcoin is not being aware. It's like people hear about Jesus but they don't know what it is.

And if you go to rural areas, almost 100% don't know about it.

But anyway, this doesn't mean the numbers are not correct. All numbers are correct at different destinations and for different purposes. What is sure is that every new person who enters adulthood must by now hear about Bitcoin and more are encouraged to use it.
Grin Grin According to my observation some places where I have been to as 60% of people around the world know what electronic money is and some of which 60% are not sure about but they hardly know it. People always need proof before believing that some people lack information so they can not learn as these. To grasp the opportunity is to win.
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July 23, 2018, 02:16:36 AM
 #88

I don't know about 25% of people. I live in urban cities where people should know more about crypto than in urban areas. I live mostly and work with people who are highly technologically aware as well, but I wouldn't say 1 in 4 are aware of Bitcoin. Maybe 1 in 5 is closer. Because to me, simply hearing about Bitcoin is not being aware. It's like people hear about Jesus but they don't know what it is.

And if you go to rural areas, almost 100% don't know about it.
Being aware is being informed about it so you are right about just hearing about it is not awareness. I must say the percentage of people being aware of it I think is lower than what have been stated. Maybe some are just being silent about being aware of cryptocurrency but then so far, when it comes to my friends or acquaintances, maybe just 1% of them knew about it.

But anyway, this doesn't mean the numbers are not correct. All numbers are correct at different destinations and for different purposes. What is sure is that every new person who enters adulthood must by now hear about Bitcoin and more are encouraged to use it.
If one is working online then most likely they already encounter bitcoin or cryptocurrency in general. We are already in information age and most people knew how to use computer and internet so there is a high chance that they are aware of bitcoin. They may not be fully aware of it yet but one way or another, they may have heard of it.

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July 23, 2018, 05:41:14 AM
 #89

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’s not really all that unique. What I’m trying to say is that whatever Bitcoin does that there are ways you can do that without having to make use of Bitcoin.

The only thing about Bitcoin is that it is anonymous (according to some people, it is pseudo anonymous) and you also don’t need the help of anyone in putting transactions, you can do it all by yourself at your comfort and it is fast, though not the fastest, there are other methods with same rate of transaction speed.

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July 23, 2018, 07:30:43 AM
 #90

Cryptocurrency is great but it’s not really all that unique. What I’m trying to say is that whatever Bitcoin does that there are ways you can do that without having to make use of Bitcoin.

The only thing about Bitcoin is that it is anonymous (according to some people, it is pseudo anonymous) and you also don’t need the help of anyone in putting transactions, you can do it all by yourself at your comfort and it is fast, though not the fastest, there are other methods with same rate of transaction speed.
No. Must be unique. Also all unique things do not need to be great.
Still, bitcoin must be a great invention. Probably you are missing out the very big thing of crypto world : decentralization. In my understanding, this decentralization alone making all the cryptos as a great invention and as per my knowledge no other things have arrived with decentralization before.

If OP is trying to innovate new methodologies for promoting bitcoin for making more people to know about it and its advantages then probably we are slowly moving in the direction. Definitely we need more full time start-ups to make bitcoin famous but unfortunately we are not having enough resources for making bitcoin intensely promoted.

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handsofgod
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July 23, 2018, 06:29:05 PM
 #91

Yes, people search a lot about crypto, they're fascinated about the potential of investment grow I know it. Have you heard about this project? this is something new on the crypto-market.
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July 23, 2018, 07:52:28 PM
 #92

Cryptocurrency is a great one but only few people believe on this,
there are many person who knows this but still undecided.
but less than 50% of the population of the earth but soon this will be a hundred percent spread out.

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July 23, 2018, 11:24:19 PM
 #93

Many people who are up with the market knows about the Crypto world.
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July 24, 2018, 04:32:11 AM
 #94

You can educate those people who dont know crypto currencies and bitcoin through advertising tons of them, you can also do some affiliate and direct advertisement through some blogs or vlogs. You can use youtube platform because most people in the world uses it and also add those advertisement in google search through Adsense.


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July 24, 2018, 11:33:21 AM
 #95

There are a lot of people who clearly knows nothing about the cryptocurrencies.
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July 24, 2018, 02:28:17 PM
 #96

I agree that cryptocurrency is great but because it is too complex for an average person, they don't have the time to learn about it.

Probably many know about cryptocurrency especially Bitcoin but the question is "Do they how to use bitcoin or what are the benefits or how bitcoin works" etc. Maybe the only thing they know is "It is a scam" because crypto has been used in numerous scam cases.

Many know crypto I think but they know it only just in word and nothing else. They can't define it or they didn't try to use it whatsoever.

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July 24, 2018, 02:47:56 PM
 #97

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

Growth in number of investors assures that crypto currencies are doing really great. Number of countries who started looking at options availabe to adapt bitcoin and blockchain technology have really increased. Crypto currencies contracts are really playing an important role in reaching out every corner. This makes sure and promises to invest more into crypto currencies especially into a promising coins with beat projects including bitcoin. News do update us everyday on it. News.bitcoin.com, coindesk, cointelegraph are good news sites to look at.

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July 25, 2018, 12:55:42 AM
 #98

Many people who are up with the market knows about the Crypto world.
I think still very little people have knowledge about bitcoin. I think that still less than 2% people may have good knowledge about bitcoin and who are even using it for different purposes. To me i think that as time pass the bitcoin users will also continue increasing, because more and more people who get knowledge about bitcoin start taking interest in bitcoin and even invest their money in bitcoin trading. sc
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July 25, 2018, 03:28:45 AM
 #99

Growth in number of investors assures that crypto currencies are doing really great. Number of countries who started looking at options availabe to adapt bitcoin and blockchain technology have really increased. Crypto currencies contracts are really playing an important role in reaching out every corner. This makes sure and promises to invest more into crypto currencies especially into a promising coins with beat projects including bitcoin. News do update us everyday on it. News.bitcoin.com, coindesk, cointelegraph are good news sites to look at.

Smart contracts gives all the industries an opportunity to use blockchain technology and possibly cryptocurrencies to their day to day transactions. People may not knew cryptocurrencies deeply but then if more and more industries use it then eventually they would be aware of its existence and may not even notice that they are already using it for their transactions. This would be the mass adoption and there may not be too many who know it as of now but then later on, especially if the price increase further, it would attract more attention.

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July 25, 2018, 11:04:48 AM
 #100

The knowledge of cryptocurrency is growing everyday but the growth of the knowledge of cryptocurrency is a slow but steady one in world as a whole. In some countries, the knowledge of cryptocurrency is less than 20%. It's still in the hush level. Since the knowledge growth is steady one, the knowledge will keep increasing.
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