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Author Topic: Do you think majority of the people heard or read Bitcoin one time or another  (Read 532 times)
bhabygrim
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October 04, 2019, 07:29:28 PM
 #21

I think majority of the people have already heard or read it .
It is being published every where and people tends to attract or share information to their family and friends so I really think that majority of the people have already heard or read about it even once since Bitcoin started.
But not everybody who hear or read it got interested there are always who would look at it at a different view ,
Like those people who thinks that it is a criminals money because it is being used too much for illegal things like black market, Money laundering and scams.

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October 05, 2019, 04:00:56 AM
 #22

Yes many of people have heard about bitcoin but I don't think that the majority of the population have heard it. Yes oj the developed countries for sure the majority of their have heard it obviously because their country is developed so the people have accessed on the different events that happened in the world, but I don't think it is the same on developing countries like on us. Only a fraction of the people of my country know it and again obviously because of the incapability to know it.

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October 05, 2019, 04:26:10 AM
 #23

People have seen massive adoption from videos, news, and articles, but they still not trying to invest in bitcoin or another coin. They don't think that it will works for them because they never tried. But there will be some people who are willing to invest in cryptocurrency, and they still trying to invest with worry. They are worried because of the volatility in bitcoin that will always happen. But that will not stop them from investing in bitcoin because soon, they will know that investing in bitcoin will give them a profit in the future.
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October 05, 2019, 04:27:13 AM
 #24

I'd say something like 70 percent of the world has heard about bitcoin, and 10 percent of the world is invested, or has invested in the currency previously. There's actually been a lot of media attention that bitcoin has gathered, and there's a lot of people interested in it nowadays.

I think majority of the people have already heard or read it .
It is being published every where and people tends to attract or share information to their family and friends so I really think that majority of the people have already heard or read about it even once since Bitcoin started.
But not everybody who hear or read it got interested there are always who would look at it at a different view ,
Like those people who thinks that it is a criminals money because it is being used too much for illegal things like black market, Money laundering and scams.
That's true - there's been media attention, but a lot of it has been negative and flawed in it, with a lot of people under the impression that the currency is only used for illegal activities now. At least media is more accurate nowadays.

Smiley
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October 05, 2019, 04:44:29 AM
 #25

no, i don't think "majority" of people have heard about bitcoin. there is certainly a lot of people who have seen the name bitcoin somewhere in passing or in the news but to know what it is, is another story. i guess the percentage is high but not majority yet. and from those who have heard the name and know what it is, there still is a much smaller percentage who have bothered looking into it and even a smaller percentage who have adopted bitcoin which is why it is considered lower than 1% still after 10 years.

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October 05, 2019, 10:45:33 AM
 #26

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?

That is very possible. Bitcoin has already passed its first ten years and we can see and amazed at how much it changed, not just in terms of price, but also in terms of popularity and reputation. If you add another ten years of it, people's acceptance and familiarity with Bitcoin will not only double but will be growing exponentially. The first ten years was more difficult to survive than the second ten years because it was starting from zero or from nothing at all. It started with a handful of people and now we are a community of millions. That's why the second decade is a smoother ride than the first.

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October 05, 2019, 02:03:39 PM
 #27

If it's only about heard or read, then it's possible. But I'm still in doubt with majority of the people cause we never know if bitcoin will still remain after ten years. People may heard or have read about bitcoin, and that's it. They just heard/read it but they doesn't really know what it is or what does it can do.
As time goes by, bitcoin is increasing its popularity but I cannot say that majority of the people (around the world) would be familiarized about bitcoin only after 10 years since it lacks support and promotion from the governments.

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October 05, 2019, 02:51:24 PM
 #28

I work with a lot of people at work and I speak to a lot of them and the majority of them have never heard about Bitcoin. I would say almost 80% or more of them have never heard of it before. This is in a first world country, so imagine what the percentage would be in a third world country where there are little access to the media and/or the Internet.  Roll Eyes

I also have people who have heard of it before and they never invested before, but some of them come back later and something peek their interest again and they decide to buy a little to experiment with it. So the market for bitcoins is far from being saturated.  Grin

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October 05, 2019, 02:53:21 PM
 #29

Almost all people that I have contact heard about Bitcoin, even if they don't really understand about BTC
Sometimes BTC is show in open TV channels, but most times is to tell about a scam, and this is no good, people think that is a pyramid scam like anothers we had
People ask: how much did you get on BTC?

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October 05, 2019, 03:15:03 PM
 #30

I'm not sure about it. I think that still many people haven't heard of Bitcoin and some of those who have don't actually know anything about it. Promotion of Bitcoin isn't so good and there is not enough education either.
I know that many bitcoiners think Bitcoin is something that is normal for everyone but outside Bitcoin community people really don't know much about it, that is the fact.

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October 05, 2019, 03:19:13 PM
 #31

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 the majority of people around the world have heard or read Bitcoin one time or another?

Simply hearing and reading about bitcoin is truly possible since bitcoin is becoming popular now. It can be seen now on social media and television where the majority of people now spend most of their time with it. They will just have an idea of what bitcoin is but still, we are not sure if they will be convinced to adopt it.

As the popularity of bitcoin is rising, the number of cases that it is being used in illegal activities is also increasing. That is one of the major cause why lots of people are still doubtful about investing in it.

So in ten years and bitcoin will continue to have a good reputation, prove its worth and importance in people's lives, then the majority of the world's population may have bitcoin adoption.
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October 05, 2019, 03:22:25 PM
 #32

I think not, that is if we are talking about the whole population of the world.  Most who knows about Bitcoin are either computer geeks, active on social medias such as twitter, fb, telegram, etc, and those who are on the fintech area.  Those who are in the rural area and not into trends possibly have not heard Bitcoin.
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October 05, 2019, 03:52:30 PM
 #33

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 the digital age or information age, the majority of us have TV, computers, smartphones, and internet in their homes, so yes, the majority heard about bitcoin via social medias or in articles. Some of them listened and explore, some of them listened and judged it, some of them ignore. Ten years would not be enough I guess for the majority of people to use bitcoin, in my opinion, it is hard to persuade people that are not open-minded.
adoption will take a lot of time, it doesnt happen over a few years, a decade will probably when its been decided. We are indeed in the digital age, every information can be explored through internet, it can expand in every part of the world. even information can be found in the internet that will reach the people, once they understand the true purpose of it, they wont every ignore it, nor judge it anymore.

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October 05, 2019, 04:14:02 PM
 #34

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?

Not yet the majority. I think less than half of the world's population have heard or read or come across Bitcoin. Bitcoin may sound very popular to us and to those people who are living in more or less modern countries even if underdeveloped but it is because we have access to television and the internet and other electronic technologies. Other who don't have access to those modern equipment cannot encounter Bitcoin easily.
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October 05, 2019, 04:20:35 PM
 #35

I think there is more than 50% of population of the world haven't heard anything about BTC or cryptocurrency.
There are so many out there which has no connection to digital world. Some of them has but not interested and reach Crypto yet
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October 05, 2019, 04:21:05 PM
 #36

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 think Yes,majority of the people heard already about bitcoin because of different social media network that always news about cryptocurrency daily even in a remote areas. But mass adoption is not yet enough. Still many people doesn't know how to use bitcoin specially those in late stage(old man) who didn't know how to use gadgets like cellphone,computer and etc...

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October 05, 2019, 05:13:35 PM
 #37

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?

No, there are currently 7.53billion people on earth. even with bitcoin's popularity today I doubt majority of people have heard/read
of bitcoin. even in developed countries I doubt majority of people there have heard/read of bitcoin. but it's okay if only a fraction of the
total population knows about bitcoin it is still a lot, bitcoin will continue to grow as long as the community continue supporting it.

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October 05, 2019, 05:58:31 PM
 #38

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?

In as much that there are a lot of articles and videos talking and circulating around about Bitcoin, only about 10% of the total population of the world are aware about the existence of Bitcoin. And out of these number, 80% invest in it and the remaining used it for their online transactions. In short, only a hand full of people know about bitcoin. Bitcoin is now growing and as a long way before the community grows big..
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October 05, 2019, 11:52:08 PM
 #39

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?
These are the top countries trading cryptocurrencies and the governments of these countries have been particularly interested in regulating cryptocurrencies: United States of America, Uited Kingdom, China, Japan, South Korea, Australia, India and Canada. Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
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October 06, 2019, 05:05:02 AM
 #40

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?

In as much that there are a lot of articles and videos talking and circulating around about Bitcoin, only about 10% of the total population of the world are aware about the existence of Bitcoin. And out of these number, 80% invest in it and the remaining used it for their online transactions. In short, only a hand full of people know about bitcoin. Bitcoin is now growing and as a long way before the community grows big..
Do you have a scrape data regarding this? I'm not sure if there are only 10% total of people who are aware of the existence of bitcoin. But from my own point of view even if all the people heard what bitcoin is and how you can earn through it. Maybe most of them won't believe it because they always think that it is a kind of scam. But it's a good thing for those people who trust and starting to invest in bitcoin so they can really assure to earn big if they will be patient.

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Duelbits
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