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Author Topic: Do you think majority of the people heard or read Bitcoin one time or another  (Read 532 times)
robelneo (OP)
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October 03, 2019, 10:47:44 PM
 #1

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?

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October 04, 2019, 05:48:46 AM
 #2

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?

based from my experience from people around my circle, majority heard about bitcoin, but the context of bitcoin isn't present to their idea what bitcoin is. Few knows it is a good currency but allot of my colleague think that bitcoin  is illegal, due to the concept they heard from others. What I am doing is continuously supporting bitcoin to show them what bitcoin is capable of, and is safe and secured.
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October 04, 2019, 06:24:29 AM
 #3

I personally don't think it's that far fetched to assume that everyone in the world has heard/seen/invested in BTC, or other cryptocurrencies, I probably wouldn't say this 2 years back, but ever since the insane price hikes, and the constant media attention and references, it's pretty hard to get by life and not know about cryptocurrencies.

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?

based from my experience from people around my circle, majority heard about bitcoin, but the context of bitcoin isn't present to their idea what bitcoin is. Few knows it is a good currency but allot of my colleague think that bitcoin  is illegal, due to the concept they heard from others. What I am doing is continuously supporting bitcoin to show them what bitcoin is capable of, and is safe and secured.
That's the problem with media presence and coverage nowadays, at the start it was only covered as a payment method for shady people doing illegal things, and then it was a get rich quick scheme or a ponzi, I've rarely seen outlets cover the technology behind it.

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October 04, 2019, 06:40:18 AM
 #4

Before the bull trend there is not much of news, videos and articles related to bitcoin. Once after the market pumped high reaching ath close to $20000 people started to talk much about it.

This is the time when more media started to give negative as well positive news related to bitcoin and other cryptocurrencies. It made more people to know about bitcoin. Now this has been continuing with more large scale companies accepting and using bitcoin on business transactions.

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October 04, 2019, 06:53:11 AM
 #5

There's no need to discuss this IMO just because you cannot verify it.
  • The part where you could verify if the majority of the people gets the message about Bitcoin
  • The future (after ten years). Are people still using Crypto?

For sure there are a lot of people that are left not knowing Bitcoin but that doesn't mean that they would be easily investing in BTC once they heard it, they will still look into the past and what it has done. There are a lot more skeptical people than you may know. We think that the majority of people are interacting with social media and such, the true essence of why Bitcoin was created should be the message. What we really need right now are people who are actually using the currency, not just people who heard of Bitcoin and not being a part of it.

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October 04, 2019, 07:09:55 AM
 #6

People will still read or heard about bitcoin in every place if bitcoin has become legal in many countries. People will learn about bitcoin, including how to use bitcoin properly. But that could be still a mystery since no one will know about that. We don't know if cryptocurrency or bitcoin will still be used in the future. But we can predict what will happen in the future.

Now, not many people in all countries thinking about bitcoin. They still depend on their real-life jobs, traditional investment, the same things that the old people did in the past. Some of them even don't aware of the new technology which already invented because they are too busy to work. But if bitcoin can hit the very highest price like 2017, many people will come close to bitcoin, and they will curious how to use it.

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October 04, 2019, 07:32:11 AM
 #7

They say no knowledge is a wasted, especially the type of knowledge that will benefit you in several ways, people have been reading and doing research on btc,  
i believe people will keep seeking knowledge about blockchain and btc for as long as this technology exist, the possibilities of blockchain is endless,  more research will be made in other to create more innovative ideas through blockchain,
as it is, only few percent of the world population is involve in crypto, so in years ahead more people will pick interest and wants to read more and understand what blockchain and btc is all about.

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October 04, 2019, 07:36:02 AM
 #8

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?
You do not need to go ten years down the line to know that people have heard about bitcoin, people who have any kind of investment in any financial sector does know about bitcoin as bitcoin is the only financial market that gave more profit than any other investment sector in the past several years. People who are not saving their money nor interested in investing does not care about anything even after a century.
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October 04, 2019, 07:38:17 AM
 #9

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 actually knew of bitcoins existence back when it started cause of some of my friends who told me about it one time. I didn't really take notice of it until after a few years when its reputation has spread quite a bit. The majority should know of the word bitcoin or crypto and should have heard it once or twice especially after bitcoin reached its all-time high price. A lot of people were suddenly invested in it since they never expected something unknown to them to be able to reach such a price in the market. Most of the people who know about bitcoin though are those in the financial business markets and jobs that have relations to the financial market.

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October 04, 2019, 07:50:41 AM
 #10

Yes most of people had read bitcoin news for once time or might be more because currently in my country also have special news channels for crypto development and they reported news update regarding crypto or related to it daily so indirectly with massive growing of crypto news through an article or online magazine this makes people read crypto news almost everyday with automatically they know crypto especially bitcoin

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October 04, 2019, 08:15:38 AM
 #11

A large majority of people has heard about bitcoin one way or the other globally but what's bad is that some of those people that have heard about bitcoin has not understood properly what it means or what the uses are for
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October 04, 2019, 09:42:25 AM
 #12

People who are always going online are likely to read Bitcoin, even though no one is inviting for him to invest or explore, Bitcoin and Cryptocurrency is everywhere, it's more likely that people have seen it's symbol more than one times. 
But I doubt if majority of people have a grasp of the full meaning and how Bitcoin really works but we are moving fast adoption and it's only a matter of time.

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October 04, 2019, 09:56:53 AM
 #13

I think yes, most people these days have their own smartphones and have an access on the internet anytime. I'm sure that they've seen something about bitcoin. On social media these days it's easy to spread ads and can also be found on some random websites. What more 10 years from now, imagine the technology that time.
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October 04, 2019, 10:02:22 AM
 #14

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?

Depends on the region. Where I live, i never heard of BTC before I was asked to start writing about it. Never heard about it on the news, or seen it in local newspaper. Also never seen it on Facebook or any other social network. Not even on Reddit, until i started actively seeking it out. Crypto is not jumping out in the world nearly as much as we believe. but that's because people who know about it tend to seek it out. Nobody from my generation knows anything about it, apart from maybe, MAYBE, hearing the name once, with no context or understanding of what it is.

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October 04, 2019, 10:22:30 AM
 #15

I personally don't think it's that far fetched to assume that everyone in the world has heard/seen/invested in BTC, or other cryptocurrencies, I probably wouldn't say this 2 years back, but ever since the insane price hikes, and the constant media attention and references, it's pretty hard to get by life and not know about cryptocurrencies.

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?

based from my experience from people around my circle, majority heard about bitcoin, but the context of bitcoin isn't present to their idea what bitcoin is. Few knows it is a good currency but allot of my colleague think that bitcoin  is illegal, due to the concept they heard from others. What I am doing is continuously supporting bitcoin to show them what bitcoin is capable of, and is safe and secured.
That's the problem with media presence and coverage nowadays, at the start it was only covered as a payment method for shady people doing illegal things, and then it was a get rich quick scheme or a ponzi, I've rarely seen outlets cover the technology behind it.
Face the reality, media focuses only to the illegal things, it is the best content to show to the public to caught their attention. As long as their reputation will be good in the eyes of the public, they dont bother to show all the information they gathered, only illegal things to show to their viewers/readers.


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October 04, 2019, 02:06:57 PM
 #16

do you think after ten years majority of people around the world have heard or read Bitcoin one time or another?
I think after ten years, everyone in developed and developing countries will be more familiar with bitcoin. I think so because now many large companies have adopted bitcoin and its technology. I am sure that today's mass adoption of bitcoin will surely influence the common people's thinking about bitcoin. Even for now some of my friends (who don't know bitcoin at all), started to come to me and ask about what bitcoin is. Seeing this, I am sure that in the future more people will have heard and known about bitcoin

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October 04, 2019, 02:20:03 PM
 #17

I think it depends on the country and region. In my circle less than 20-30% of people have heard about cryptocurrency. If it doesn't affect their lives, incomes, jobs, then it doesn't important, so they just ignore it.
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October 04, 2019, 02:25:06 PM
 #18

Many people know about bitcoin.But not so many of them know what bitcoin really is
People don"t  have idea and knowledge how blockchain technology can improve his life
  When we talk to people about bitcoin we need to focus on blockchain. bitcoin advantage compere to traditional banking system and other potential use of blockchain technology.Great bitcoin advantage are instant transaction fixed fee transparency and security what is very important in current digital era

 
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October 04, 2019, 02:25:20 PM
 #19

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 believe that 19 years from now Bitcoin will be more popular and be acknowledge by many people around the world. With how the internet being popular it will also carry Bitcoin as social media sites and streaming sites gives some hints and help, adding more people to learned more about Bitcoin. Additional 10years will achieved more and more same thing what happened before.
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October 04, 2019, 02:25:29 PM
 #20

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?

based from my experience from people around my circle, majority heard about bitcoin, but the context of bitcoin isn't present to their idea what bitcoin is. Few knows it is a good currency but allot of my colleague think that bitcoin  is illegal, due to the concept they heard from others. What I am doing is continuously supporting bitcoin to show them what bitcoin is capable of, and is safe and secured.

ou should hang out with more intelligent people instead of idiots. They will only serve to bring you down. Most people have already heard of bitcoin where I live. They have ads and stuff and the google search engine has bitcoin as a top search in my country as well. Many people show interest and want to know more but most are afraid and intimidated.

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