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Author Topic: Do you think majority of the people heard or read Bitcoin one time or another  (Read 531 times)
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October 10, 2019, 10:04:48 AM
 #81

Bitcoin has come along way we have seen massive adoption and so many videos, news, and articles about websites and many people have invested and are now using Bitcoin do you think after ten years majority of people around the world have heard or read Bitcoin one time or another?

I can say that after 10 years majority of people have heard or read about Bitcoin but still the adoption is not so widespread. The chance of adoption is like 40% of those who have heard or read about bitcoin which is not that bad also, slowly but surely is a good start for bitcoin.

But maybe another 10 years the bitcoin will surely set another record of adoption and the number of people that didn't hear or read about bitcoin will decrease to 10% of the total population around the world.

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October 10, 2019, 10:34:18 AM
 #82

People only interested to discuss about bitcoin when looking bitcoin price is higher and do not serious when bitcoin is down, now many people have discuss about bitcoin when bitcoin raise up and many of investor look not care with bitcoin when bitcoin price under $200 last three years, bitcoin could be trading topic after raise to higher price.
I don't think so because at that time Bitcoin is still relatively new and only a few people knew that, it was caused by the lack of information such as news, videos, and articles about Bitcoin. But if we talk about Bitcoin in the next 10 years and exist, certainty it will be a glory for Bitcoin to be used generally as trade, payment, and investment.

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October 10, 2019, 11:02:30 AM
 #83

I have done a survey on that, in my own country, they do have a recall on Bitcoin but they don't have the whole idea on what Bitcoin is, some of them asked me where is the office located or who runs the project, I think if a person gets online often he encounters Bitcoin and Cryptocurrency one way or another, it's just he has no time or nobody introduce it to him.
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October 10, 2019, 11:16:09 AM
 #84

Probably yes, if we work and continue to spread the knowledge and existence about bitcoin. Actually the popularity of bitcoin is increasing and it's possible. My old classmates, knew and heard about bitcoin maybe because of me and now, my new classmates already already heard bitcoin. They don't fully know about bitcoin and crypto but they're already familiar with it. That's why I believe that majority would've heard and read bitcoin after ten years.

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October 10, 2019, 02:54:25 PM
 #85

Majority people only interested with bitcoin when you show off how much money do you earn with bitcoin, when they look with bitcoin on the higher price they will want to invest with bitcoin without we ask him, but when bitcoin price down they worried and never want to hear our discussing about bitcoin and get much profit with bitcoin investment.
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October 10, 2019, 03:51:20 PM
 #86

I am residing in India, and it looks to me that most of the urban dwellers have heard about Bitcoin. You can excuse the elderly and the children, but most of the remaining would have heard about Bitcoin at least once during the past 3-4 years. Indian investors were also affected when the prices went down in 2018. And there were some very infamous cryptocurrency ponzi schemes during the last two years, which got wide coverage in the mainstream media.

And just a few weeks back, there was another major scam involving one of the cryptocurrency projects. A guy called Abdul Shukoor was killed by his own associates, after he conned the investors of more than $70 million. A lot of the mainstream media channels covered this news. And I have to admit at this point that 90% of the time Bitcoin is mentioned in the media here, it is in connection with some negative event.

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October 10, 2019, 06:49:27 PM
 #87

It is very bad that such news spreads in the media that lay the Shadow on the entire cryptocurrency.  It is because of this that many people consider not only the cryptocurrency market, but also cryptocurrency users fraud and scammers.  In such conditions, it is very difficult to popularize cryptocurrency in society.  It seems to me that before you hope for a good cryptocurrency outlook, you need to get rid of fraud using cryptocurrency.

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October 11, 2019, 12:22:05 AM
 #88

in my opinion bitcoin is one of the most popular news on all social media and in various articles with statements like that the answer is there. I think surely people now have one of their type of social media accounts when they open their social media. certainly have time to read news about bitcoin or other coins and especially now many people like watching YouTube so they will definitely see features about bitcoin there.
May they have read it, but the question is if that gives them curiosity or just ignored after seeing it. It is more about crypto appreciation and understanding that caught their attention. We need to push more about the use of Bitcoin in detailed cause plashing into different social media isn't enough to catch their attention and bring their curiosity with.
Yes, we are able to see a lot of people talking about crypto but we'd never know if they really understand it or they all just talking of its negative effect.
That's a pretty important factor actually, a large amount of people entered the market during Bitcoin's bull run to the 20,000 mark and they where only in it for the money, some got burned, some made profit, but most of them exited after it got boring.

There were some of those traders that stayed in the game and looked at altcoins and other coins in the market, that made things a lot more interesting and those where the real loyal appreciators of blockchain technology.

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October 11, 2019, 04:30:52 AM
 #89

Bitcoin has come along way we have seen massive adoption and so many videos, news, and articles about websites and many people have invested and are now using Bitcoin do you think after ten years majority of people around the world have heard or read Bitcoin one time or another?

We are in present but I think many people have already read or read any articles that related to bitcoin. I think in the future the population who knows bitcoin will increase and those who are newbies right now will become knowledgeable in the future. Bitcoin will be spread more and will accepted in all over the world and become one of the currency that will be used.



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October 11, 2019, 04:53:06 AM
 #90

Bitcoin has come along way we have seen massive adoption and so many videos, news, and articles about websites and many people have invested and are now using Bitcoin do you think after ten years majority of people around the world have heard or read Bitcoin one time or another?

We are in present but I think many people have already read or read any articles that related to bitcoin. I think in the future the population who knows bitcoin will increase and those who are newbies right now will become knowledgeable in the future. Bitcoin will be spread more and will accepted in all over the world and become one of the currency that will be used.

At some point in their lives, they have heard or read bitcoin or crypto either in social media, internet or television. However, most of them are not yet in crypto as the first impression usually is not in favor towards crypto. But with big companies like walmart, facebook, telegram and others that are about to join the pack, I believe mass adoption will increase in the coming years. People will appreciate the benefits of crypto once they learn how to deal with them.
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October 11, 2019, 06:47:00 AM
 #91

I believe the majority of the people heard about crypto, about bitcoin but the problem is they really don't understand it clearly and what is the purpose of this. In general, the majority hears but only a few beliefs about it. This is not really working great, crypto needs more supports from the community to have a good market ends but it makes difficult if we all not trusting by then.

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October 11, 2019, 07:00:15 AM
 #92

When bull market was and BTC was at all time high, people used to talk about Bitcoin a lot. At that time many news media used to report about BTC. Police started catching Bitcoin traders in countries where bitcoin was illegal and news began to appear in newspapers, TV in those countries. As a result, most people in those countries can heard about Bitcoin. Many people have heard the name of Bitcoin but do not know exactly what Bitcoin is.

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October 11, 2019, 09:43:55 AM
 #93

Highly likely some one did come across the news of crypto currency thus hearing about bitcoin. To be honest most of the people heard about bitcoin during the huge bloom of the price back in 2017. This is when most of the news was centered around crypto currencies along with the governments being concerned about the usage of crypto currency. People started to hear how quickly people made or are making profit by investing on crypto currency. Who wouldn't be interested on a investment which made some people rich over night, right?
So yeah, I guess most of the people did hear or read about Bitcoin at least once in their life time.

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