Awareness is the biggest influence. - page 13.

Ghondronk

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Quote from: Games.Bitcoin on December 04, 2017, 08:09:06 AM

So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...

The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing!

Surely there are ways to bring the awareness of cryto to the population.

Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall...
What are you doing to spread the awareness?

If someone totally unaware of the market behavior and the performance of crypto-currencies, then he/she will not be able to become a good investor. Do do market researches and conduct proper analytics, sometimes we need to go in depth which requires a higher degree of awareness. Without that, it would be similar to someone who tries to catch a fish while blindfolded.

Claudyah

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Quote from: Lyancy001 on December 05, 2017, 12:13:19 AM

Quote from: Games.Bitcoin on December 04, 2017, 08:09:06 AM

So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...

The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing!

Surely there are ways to bring the awareness of cryto to the population.

Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall...
What are you doing to spread the awareness?

For the mean time, we still need to get a lot of Bitcoins before that may happen. It is a good thing that we are the first ones that have noticed Bitcoin's potential.

Regulators, especially central banks, will also be worried if the volume of bitcoins (or other virtual currencies) that will grow, emitting their own national currency may no longer be an effective tool in managing the country.

A Feeder

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Yes I agree that the awareness is important to other people to invest in the crypto world especially bitcoin. Awareness has a great and biggest influence in life everywhere and to anybody.

hector3115

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Quote from: kasurnya on July 03, 2018, 11:44:08 PM

I think public awareness about using bitcoin will not make the bitcoin value bounce back, but it will make the bitcoin value stable. The use of bitcoin as a real means of payment is necessary but most people prefer to hold their bitcoins and make them invest as if they are continuing to hoard, they can get everything.
Although it is clear that Satoshi creates bitcoin so bitcoin can be a global currency not as an asset or investment tool, but people are too greedy and do not want to let go of their bitcoin.

As always it is only personal choice for everyone. There are still many good and bad news about the cryptocurrency.

Haynes

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Activity: 518

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If indeed we believe that Bitcoin will rise then there is no need for awareness to show, because everyone who has not understood Bitcoin continue to see the Exchange website about Bitcoin and see its price is certain the person will begin to be interested in what is Bitcoin.

So let Bitcoin flow like water down from the mountains without compulsion, for if we make coercion against others it is not good.

Donotfoolme

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Quote from: pooya87 on December 04, 2017, 11:58:05 PM

Quote from: Games.Bitcoin on December 04, 2017, 08:09:06 AM

So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...

not completely correct.
people are selling and buying at all times, even when price is rising and even when price is dropping. price goes down only because there are more sellers than buyers and in bitcoin it happens during corrections (small drops) and during panic sells due to FUD (big drops).

Quote

The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing!

Surely there are ways to bring the awareness of cryto to the population.

Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall...
What are you doing to spread the awareness?

one mall accepting bitcoin? it is not exactly "blow up" to get excited about. it is a small step though.

Very well said, i agree of what he said. It is a small step though. But im glad in that small step, we always look forward about growing in crypto. We all know that bitcoin has a big potential all we need is to support small and big strp tough.

Jorge158

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It is so true that we those in the Cryptoworld can make bitcoin greater. We just have to spread the word and not only be interested in the profits we can gain from it. I tell my friends about it every time and people get interested in crypto.

blockman

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Quote from: hector3115 on July 16, 2018, 05:35:49 AM

I agree with you that advertising has power of popularity of Bitcoin in real time. Any of us can see it on social media and decide to join it.

Not everyone who sees it on social media decides to join it that easily. Advertisement isn't really necessary for bitcoin's awareness but that helped a lot for the past years.

The massive adoption and the speculation market that its feature is what made it so popular that its price is giving everyone the idea of whoever holds it can become rich in no time.

PeRo

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Defend Bitcoin and its PoW: bitcoincleanup.com

I doubt that one mall accepting Bitcoin made that much of a difference, every month there are shops and malls in some countries that accept Bitcoin so the price doesn't move much. But yes, awareness is an influence but we don't benefit awareness if no one wants to invest or at least use Bitcoin.

furry04

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due to the analysis and research the crypto market in comparison with the other markets it is obviously very low and only 5% invest in them, awareness for the crypto indeed is the biggest influence and in January we have seen it when even the workers became investors.

SaShiRaJaVu

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Quote from: Games.Bitcoin on December 04, 2017, 08:09:06 AM

So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...

The price in any market goes down simply because the coins are being sold and that is the case here, to peak in volume and trade you need investment and there is no debate about that, but what people does not understand is that there are a lot of coins being purchased traded without hitting these exchanges or any specific valuations to be highlighted to the general public through OTC sales, the real effect takes place when the huge amount of coins owned by miners reduces and the price starts to increase eventually.

hector3115

sr. member

Activity: 481

Merit: 251

Quote from: jeffer8035 on July 03, 2018, 11:34:12 PM

I think that with the advertising on facebook twiwter and other social networks you tube is cosientizing the world population studies that in 5 years open a massive adoption of bitcoin and many other currencies that use the block chain and those that stand out more those will be the ones that lead in the day to day the market of the top 100 the best pass to enter the investment portfolios of the bitcoin community

I agree with you that advertising has power of popularity of Bitcoin in real time. Any of us can see it on social media and decide to join it.

darkangel020716

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Quote from: anggada18 on July 15, 2018, 04:59:03 PM

in the small room I try to grow awareness with the results I get from bitcoin, I tell you a bit of a sweet thing and they believe what I say and want to follow in my footsteps. I chose my way of life here, with all the risks. and then some of them back off and back on their way. which I will still invite to advance in the world of crypto and develop it Wink

It is a good thing to do to share you knowledge about bitcoin, it will benefit other people and influence and them and raise awareness to them, to know more about crypto and other stuffs, It is substantial to think hat there are people who are happy in sharing their thoughts about this.

anggada18

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in the small room I try to grow awareness with the results I get from bitcoin, I tell you a bit of a sweet thing and they believe what I say and want to follow in my footsteps. I chose my way of life here, with all the risks. and then some of them back off and back on their way. which I will still invite to advance in the world of crypto and develop it Wink

Al Wahhaab

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Quote from: Tatalk on December 04, 2017, 11:50:09 PM

For now, BTC is such h huge digital currency, that it needs no sort of introduction because it is known to millions of people throughout the world and the centralization of bitcoin by the government could be the biggest awareness for the cryptocurrency. Other methods by which we can create awareness among people is by organising debates, campaign, printing pamphlets, hoardings and introduction of cryptocurrency to the youth could prove the great awareness for BTC because youth and cyrptos, both are asset for the planet.

this is absolutely true

korkor

member

Activity: 115

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This is definitely true. Awareness of how the crypto market operates and works can influence the way people invest in cryptocurrencies. Awareness is the biggest influence in how we invest in bitcoin.

Idowuogbo

newbie

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The acceptance of bitcoin by South Korea was definitely a big hit for the bitcoin community. This news will help increase the price of bitcoin.
However, more people need to be aware of bitcoin and its numerous benefits. We can help publicize bitcoin by propagating on our social media such as : telegram, whatsapp, instagram, facebook and twitter, make campaigns in our local community and telling friends and family by so doing, it will surely help in publicizing bitcoin.

KobeBriant 24

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Well this is more than true, if there aren't any people that know about the existence of bitcoin, then it would be more than impossible to see a stable growth for a long term, because it would be not possible after all. It is the most important thing for me

CoinstarF

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Quote from: Baimovic on December 14, 2017, 10:38:52 PM

Quote from: postokenlover on December 05, 2017, 12:57:00 AM

Now in some of the developed cities in Asia, there is already a ATM automatic machine that supports bitcoin. Many young people begin to understand bitcoin and invest in bitcoin and other encrypted coins. The government has also begun to realize that the encrypted currency is not closed, only to embrace it will be in line with the trend of this era.

wow. it's really amazing, but can you mention which country already provides ATM for bitcoin?
I am curious .

See there are many who accepted bitcoin we need not to worry of downfall this is just to make us aware on how to keep our coins in a most reasonable manner let us keep on following good luck.

Lorin

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Awareness into something is a good factor that help to increase the popularity and the knowledge about it. Like in bitcoin if you are aware on it you'll be the one to introduce it to others. Bitcoin acceptance is hard for others because of different negative news but if one is aware on it, he/she can share the knowledge and how it works for the society.

Topic: Awareness is the biggest influence. - page 13. (Read 3257 times)