Bitcoin popularity. - page 4. | Bitcointalksearch.org

SOKO-DEKE

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Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.

Bitcoin has proven to be the best investment over the years, and nobody with a good knowledge of Bitcoin and cryptocurrency in general can deny the fact that Bitcoin is not the best investment. Considering what early investors have made from Bitcoin since its exitance, I don't think it can be compared to any other investments, such as real estate, gold and others like that.

Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

Some people stop Bitcoin investment after some time indulging in it and is because people who told them about Bitcoin didn't give them the right narrative some people will tell them that Bitcoin will give them huge profit in less than no time making them believe Bitcoin is were you can make quick money which is not so, in Bitcoin investment you need to be patient because it takes a long time for Bitcoin to grow.

Yes, I agree with you that some people have quit their Bitcoin investments because it is not meeting their expectations. They thought it would make them rich quickly, but that is not happening. Any investment that promises to make someone rich quickly in the short term usually involves high risk, which I would consider similar to gambling. When someone engages in such investments, they are likely to lose easily. If more people can stop thinking that Bitcoin will make them rich quickly and instead view it as a long term investment, it would be a great idea and could lead to significant benefits.

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Quote from: Onyeeze on October 15, 2024, 04:32:38 PM

Actually you are right that some people have not started the Bitcoin investment but I know that the number of people that is investing in Bitcoin is many and if you see anyone who have not started bitcoin investment he know that that person is not to using internet because most people who is investing in Bitcoin that is making use of a social media and that social media they are making use of is what makes them to know that bitcoin investment yield positively if you understand it properly, so I know that people who is investing in Bitcoin have already understood the advantages and also they advantages of Bitcoin and they have already gotten testimony from people who has already invested in Bitcoin so anyone that person is not internet user

I think those who have not started investing in Bitcoin have their own reasons, but when you see the development of Bitcoin since its inception until now it has experienced very good development, of course it will attract someone's attention to invest in Bitcoin, and you are right, those who have understood the advantages of investing in Bitcoin will certainly take the opportunity to be able to invest some of the funds they have in a certain period of time according to their planning, both in the long term and the short term.

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Quote from: Fiatless on October 14, 2024, 10:45:23 AM

Quote from: Sebas.tian on October 11, 2024, 10:44:00 PM

I don't think, Bitcoin investment is the best investment in the world OP, you mean if they offer you huge amount of funds to start an investment today and they stated the investment, estate investment, land and property investment and Bitcoin investment, meaning you will embrace Bitcoin investment and ignore others. There are many investment that is profitable than Bitcoin investment, because those investments required huge amount of capital before you can start such investment and you will going to double any amount you have use to start up the investment. I agree with you that Bitcoin has spread around the world to be more popular today, because it has helped nations to eliminated delay in transactions and it has also helped nations to reduced unemployment.

I don't know your location, but from my experience, Bitcoin seems to be one of the most profitable investments. Real estate might be profitable, but if you consider the growth of Bitcoin for many years, it will be clear that it will compete favorably with any lucrative real estate business globally. Don't also forget that investing in real estate comes with lots of responsibilities like maintenance and property taxes. Holding Bitcoin is just free of any expenses; all you need is a good wallet and patience.

Newbie in crypto nowadays gets too overwhelmed with the market situation of the bitcoin it seems that the bitcoin can now change their whole life and their investment, not getting harsh but this is my recent observation recently about the bitcoin getting hyped too much, theres alot of investment right there that could bring the same gains to them just the difference is the time frame and the volatility of the market. For me business like basic necessity is a really good deal for an investment so you see the capability to create a good amount of cash included too that real estate of course.

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Actually you are right that some people have not started the Bitcoin investment but I know that the number of people that is investing in Bitcoin is many and if you see anyone who have not started bitcoin investment he know that that person is not to using internet because most people who is investing in Bitcoin that is making use of a social media and that social media they are making use of is what makes them to know that bitcoin investment yield positively if you understand it properly, so I know that people who is investing in Bitcoin have already understood the advantages and also they advantages of Bitcoin and they have already gotten testimony from people who has already invested in Bitcoin so anyone that person is not internet user

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Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.
Bitcoin price increases when demand exceeds supply and decreases when demand falls this means we can play a part in making Bitcoin more valuable and that part is by preaching about Bitcoin to other people in other for them to invest.
Some people stop Bitcoin investment after some time indulging in it and is because people who told them about Bitcoin didn't give them the right narrative some people will tell them that Bitcoin will give them huge profit in less than no time making them believe Bitcoin is were you can make quick money which is not so, in Bitcoin investment you need to be patient because it takes a long time for Bitcoin to grow.
The more popular and involvement in Bitcoin the more valuable it becomes and we are the factor that can make Bitcoin achieve popularity, someone introduced me into Bitcoin and I believe that was same procedure everyone followed, is either someone told you face to face or someone posted it online and you read about it, this was how Bitcoin became popular and I believe same thing will make it more popular and more valuable than it is now and is part of the factors that can make Bitcoin hit $500k and above.

I don't know if I got this feeling right but IMO you just made BTC look like a big Ponzi scheme in which you got preached to by someone and you want to preach to others, and you saying BTC prices move by demand over supply and when there will be more demand, the price will move up so we need more people investing in it and after long time when enough people already have invested in it we should be making profit then and should get out of it.

It definitely looks like a ponzi scheme to me hahah although it is not. It has some use cases and features it has allowed many to make money from it it's not a small asset now.

BTC is popular because from the very start it gave birth to a new narrative which is digital money not backed by central authorities money means it makes us independent of them and we can invest in it and withdraw money from it too but now most of the people are not converting BTC but they are directly paying via it.

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Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.

Bitcoin has gained much popularity in the world already; we just need more people to come in and adopt it, but the thing is that many have been studying the crypto space; they already have the knowledge of bitcoin and even other cryptocurrencies, but the funds to invest in, like other people are doing, are what they don’t have. Also, there are some people who still have the funds and know about bitcoin but can’t afford to take the risk that is in love with bitcoin investment.

Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

Some people stop Bitcoin investment after some time indulging in it and is because people who told them about Bitcoin didn't give them the right narrative some people will tell them that Bitcoin will give them huge profit in less than no time making them believe Bitcoin is were you can make quick money which is not so, in Bitcoin investment you need to be patient because it takes a long time for Bitcoin to grow.

Anytime I see something like this, I don’t normally blame the person who told that person what to do; I blame the main person who stopped bitcoin investment because of what they told him. Because as an educated person, when you hear something like this, you should study it well before investing in it. Anywhere you want to put your money should be studied well before investing in it. But people don’t really care; all they want is the money.

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If the BTC price has started to show a positive movement, it is likely true as you said above and today the Market is very kind, everyone may seem to smile after a momentary decline, yes BTC shows its capacity as the King of all coins. But, I am a little bit wary because in conditions like this there are many unexpected events, whether this increase is only temporary or will it continue towards 73k.

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Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

is either someone told you face to face or someone posted it online and you read about it, this was how Bitcoin became popular and I believe same thing will make it more popular and more valuable than it is now and is part of the factors that can make Bitcoin hit $500k and above.

Bitcoin has gained it popularity that right now you don't really need to tell people what bitcoin is all about. So far as one has access to the internet you will definitely know about Bitcoin, it is left for one to make a further step to doing more research to acquire understanding of what bitcoin is all about. Then when bitcoin haven't gotten popularity you have to preach bitcoin to people and trying to convince to just accept Bitcoin, but right now we have the internet that can give a better awareness of bitcoin and people can see for themselves how bitcoin have existed and got to the point where it is now.

Before now, there was no enough awareness on the internet which their was need people still need to bitcoin, but bitcoin is all over the internet and people just make their research to see what it is all about and make their decisions without anyone try to convince to accept Bitcoin.

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Quote from: bigmanik on October 14, 2024, 11:21:50 PM

Quote from: yhiaali3 on October 14, 2024, 10:27:21 PM

Bitcoin is becoming more and more popular all over the world, and of course it is the duty of every Bitcoin community to spread the word about Bitcoin to their families, friends, community and online.

But on the other hand, governments play a negative role in this matter, constantly spreading warnings and concerns about Bitcoin and its volatile nature and that it is a scam and is used for money laundering and supporting terrorism. This government propaganda contributes to scaring people away from Bitcoin so far.

But despite all this, we see how Bitcoin is constantly growing in popularity and confidence is increasing that it is a safe asset and a hedge against inflation, especially after the entry of large companies.

I believe the government's are scared that's why they are trying to defame Bitcoin's name because they can't control it for their selfish needs
well the earlier people see the truth about what the government is doing the better for them if they don't realise it on time by then we will be far ahead of them and the price of Bitcoin will be over the roof

The government are scared just because Bitcoin with it's fast growing adoption can hinder the prosperity of a countries currency. Imagine if Bitcoin grows to the level where even minor business and individual not only choose to hold for investment purpose but also for daily transactions and therefore the countries currency is not being acknowledge leading to a poor economic stability.

Bitcoin adoption is fast increasing and the process has not been recorded by any promotion or marketing or individual talk about, we only should talk about Bitcoin when only asked of, anything that comes to presentation before the questions puts you at risk and out available for theft and riskly situations.

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Quote from: Fiatless on October 14, 2024, 10:45:23 AM

I don't know your location, but from my experience, Bitcoin seems to be one of the most profitable investments. Real estate might be profitable, but if you consider the growth of Bitcoin for many years, it will be clear that it will compete favorably with any lucrative real estate business globally. Don't also forget that investing in real estate comes with lots of responsibilities like maintenance and property taxes. Holding Bitcoin is just free of any expenses; all you need is a good wallet and patience.

their business that will fetch a fortune quicker than even you investing in bitcoin because we all know that bitcoin is a long-term investment, and that is why if you are doing bitcoin you need to get another business so that you don't have to rely only on investing in bitcoin because how do you even survive without any other source of income. and the growth of bitcoin is something that has been staring up the world because there was a rapid increase. and it is quite profitable but not everyone is making a profit from bitcoin and even if they are making a profit is not that much since all fingers are not equal, the same way we all can not invest the same amount.

And the demand for real estate is dropping very well now because the number of people that can afford those houses and very few and even the housing mortgage people are no longer patronizing so the only business that is surviving this saga currently is not more than Bitcoin and agriculture. have been watching what will happen in the next 10 to 15 years will houses be affordable for be and if it is no longer affordable then what is next.

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Quote from: ultrloa on October 15, 2024, 08:05:42 AM

Quote from: fullhdpixel on October 15, 2024, 06:52:30 AM

Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

we can play a part in making Bitcoin more valuable and that part is by preaching about Bitcoin to other people in other for them to invest.

That's totally unnecessary. We don't need individual preaching of Bitcoin to people because that doesn't work knowing people we tell about Bitcoin and ask them to invest might not generally be interested in it and if they do it because we are saying it's good, that could be bad for us if they see the price dropping after they make their investments. So we should let Bitcoin spread around on its own because it's capable of doing that, clearly.

Bitcoin has never been advertised or promoted by anyone anywhere in the world, but look at where it is today, and it will continue to spread around, reaching more people, and over time, more people will start showing interest in it and will definitely buy it as well. I't just a matter of time, we don't need to do anything for that, in my opinion.

Agree not totally necessary since not everyone would ever understand that we are giving them a favor to learn about bitcoin. Since for sure that there are more skeptical people would criticize us if we do that and its like they might think about we do hard sell bitcoin to them. So maybe best for them to discover it since bitcoin is so risky for new people and they might curse us especially if things not going in favor with them and they lose money for its volatility.

And yeah its never been promoted but the potential grows more bigger and exposure is organic due to its outstanding growth. For sure people would provably see the real potential of bitcoin especially if it perform so well and get more adaption.

We can spread or talk about bitcoin to people but as long as we don't force or try to convince them to invest, I think they will have no reason to blame or criticize us if they lose. Also, popularizing bitcoin doesn't mean we have to spread about bitcoin everywhere all the time because sometimes it will cause trouble but if we see someone looking for investment opportunities, need to make money...There is nothing wrong with us introducing bitcoin to them.

In fact, bitcoin is still being promoted every day and we are the ones promoting bitcoin. Stories of making thousands of percent returns, becoming millionaires by investing in bitcoin...all are promoting bitcoin.

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Quote from: fullhdpixel on October 15, 2024, 06:52:30 AM

Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

we can play a part in making Bitcoin more valuable and that part is by preaching about Bitcoin to other people in other for them to invest.

That's totally unnecessary. We don't need individual preaching of Bitcoin to people because that doesn't work knowing people we tell about Bitcoin and ask them to invest might not generally be interested in it and if they do it because we are saying it's good, that could be bad for us if they see the price dropping after they make their investments. So we should let Bitcoin spread around on its own because it's capable of doing that, clearly.

Bitcoin has never been advertised or promoted by anyone anywhere in the world, but look at where it is today, and it will continue to spread around, reaching more people, and over time, more people will start showing interest in it and will definitely buy it as well. I't just a matter of time, we don't need to do anything for that, in my opinion.

Agree not totally necessary since not everyone would ever understand that we are giving them a favor to learn about bitcoin. Since for sure that there are more skeptical people would criticize us if we do that and its like they might think about we do hard sell bitcoin to them. So maybe best for them to discover it since bitcoin is so risky for new people and they might curse us especially if things not going in favor with them and they lose money for its volatility.

And yeah its never been promoted but the potential grows more bigger and exposure is organic due to its outstanding growth. For sure people would provably see the real potential of bitcoin especially if it perform so well and get more adaption.

fullhdpixel

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Quote from: SuperBitMan on October 11, 2024, 11:59:15 AM

we can play a part in making Bitcoin more valuable and that part is by preaching about Bitcoin to other people in other for them to invest.

That's totally unnecessary. We don't need individual preaching of Bitcoin to people because that doesn't work knowing people we tell about Bitcoin and ask them to invest might not generally be interested in it and if they do it because we are saying it's good, that could be bad for us if they see the price dropping after they make their investments. So we should let Bitcoin spread around on its own because it's capable of doing that, clearly.

Bitcoin has never been advertised or promoted by anyone anywhere in the world, but look at where it is today, and it will continue to spread around, reaching more people, and over time, more people will start showing interest in it and will definitely buy it as well. I't just a matter of time, we don't need to do anything for that, in my opinion.

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Quote from: bigmanik on October 14, 2024, 11:21:50 PM

Quote from: yhiaali3 on October 14, 2024, 10:27:21 PM

Bitcoin is becoming more and more popular all over the world, and of course it is the duty of every Bitcoin community to spread the word about Bitcoin to their families, friends, community and online.

But on the other hand, governments play a negative role in this matter, constantly spreading warnings and concerns about Bitcoin and its volatile nature and that it is a scam and is used for money laundering and supporting terrorism. This government propaganda contributes to scaring people away from Bitcoin so far.

But despite all this, we see how Bitcoin is constantly growing in popularity and confidence is increasing that it is a safe asset and a hedge against inflation, especially after the entry of large companies.

I believe the government's are scared that's why they are trying to defame Bitcoin's name because they can't control it for their selfish needs
well the earlier people see the truth about what the government is doing the better for them if they don't realise it on time by then we will be far ahead of them and the price of Bitcoin will be over the roof

Yeah, as it was said, I too think they aren't scared, they are after the regulation of the crypto and BTC too. Sure, they won't be able to do something to stop it, but they sure will do everything in their capacity to regulate the space, create reserves, create their own crypto in the form of CDBC, etc.

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Quote from: bigmanik on October 14, 2024, 11:21:50 PM

Quote from: yhiaali3 on October 14, 2024, 10:27:21 PM

Bitcoin is becoming more and more popular all over the world, and of course it is the duty of every Bitcoin community to spread the word about Bitcoin to their families, friends, community and online.

But on the other hand, governments play a negative role in this matter, constantly spreading warnings and concerns about Bitcoin and its volatile nature and that it is a scam and is used for money laundering and supporting terrorism. This government propaganda contributes to scaring people away from Bitcoin so far.

But despite all this, we see how Bitcoin is constantly growing in popularity and confidence is increasing that it is a safe asset and a hedge against inflation, especially after the entry of large companies.

I believe the government's are scared that's why they are trying to defame Bitcoin's name because they can't control it for their selfish needs
well the earlier people see the truth about what the government is doing the better for them if they don't realise it on time by then we will be far ahead of them and the price of Bitcoin will be over the roof

Maybe they are not scared, but they just don't know the real benefits since they are tied up with current financing system. They only believe that fiat still dominating that's why they can't accept the fact that there is emerging technology is now floating up which possible out fame their native currency. If they know how to handle it well and create a right law to regulate then then provably that they are still the one will benefit it. But they choose to ignore it and keep the old system dominate that's why bitcoin user experience something like being ignored or neglect towards this matters.

But for sure adaption or growth for bitcoin is inevitable and in future for sure that they will find ways to adapt bitcoin since if they would never do that those leaders still ignore it will left behind by other who became bitcoin friendly country. So let them realize what they are missing and for sure that once bitcoin price reach at more highs then they would start to notice it and maybe try to participate in the scene.

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Quote from: yhiaali3 on October 14, 2024, 10:27:21 PM

Bitcoin is becoming more and more popular all over the world, and of course it is the duty of every Bitcoin community to spread the word about Bitcoin to their families, friends, community and online.

But on the other hand, governments play a negative role in this matter, constantly spreading warnings and concerns about Bitcoin and its volatile nature and that it is a scam and is used for money laundering and supporting terrorism. This government propaganda contributes to scaring people away from Bitcoin so far.

But despite all this, we see how Bitcoin is constantly growing in popularity and confidence is increasing that it is a safe asset and a hedge against inflation, especially after the entry of large companies.

I believe the government's are scared that's why they are trying to defame Bitcoin's name because they can't control it for their selfish needs
well the earlier people see the truth about what the government is doing the better for them if they don't realise it on time by then we will be far ahead of them and the price of Bitcoin will be over the roof

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Bitcoin is becoming more and more popular all over the world, and of course it is the duty of every Bitcoin community to spread the word about Bitcoin to their families, friends, community and online.

But on the other hand, governments play a negative role in this matter, constantly spreading warnings and concerns about Bitcoin and its volatile nature and that it is a scam and is used for money laundering and supporting terrorism. This government propaganda contributes to scaring people away from Bitcoin so far.

But despite all this, we see how Bitcoin is constantly growing in popularity and confidence is increasing that it is a safe asset and a hedge against inflation, especially after the entry of large companies.

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Quote from: adzino on October 11, 2024, 08:06:16 PM

I wouldn't say it is the best investment. Crypto currencies are extremely volatile. Choosing assets that are very volatile isn't the best decision to take. You are only supposed to invest in bitcoin if you can afford to lose everything.

I don't agree with you, bitcoin investment is considered the best among all cryptocurrency coins. Review the history of Bitcoin price growth and observe the upward trend of Bitcoin price growth. But yes investment has to accept risk ie whatever coin you invest in there is risk involved as crypto is volatile. So invest only as much as you can afford to lose.

Quote

Those group of people should never be involved in any kind of investment, not just bitcoin. Before making any investment, people should do their own research and try to learn about the investment. Investing blindly based on peoples word is the same as gambling and hoping to get lucky.

Those group of people should never be involved in any kind of investment, not just Bitcoin, are you trying to discourage everyone from investing by saying this. Before investing one must gain experience and research about investing so that they understand which coins will be considered the best for their investment. If you have investment experience then why should you blindly trust people and invest accordingly. Moreover, if you adopt DCA for Bitcoin investment, you can start investing even with little investment knowledge.

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Quote from: FortuneFollower on October 14, 2024, 01:21:52 AM

I wouldn't say that digitalization moves BTC more to mass adoption, for now, we can say that the institutions and some govs do start to see the value in it, creating reserves, ETFs, etc. But I don't think it will be used for online work or for work in general, Grin

Not on the official level, at least.

Even though you are right that the digitalization of jobs or online work doesn't have any direct link with Bitcoin and it's popularity, we can say that digitalization does make a difference considering the fact that when there are more people available digitally, there will be more people knowing about Bitcoin since we know Bitcoin is digital and someone who is away from the internet as a whole will barely come to know about cryptocurrencies because news and word about them spread online, mostly.

So someone who uses the internet, surfs around in social media platforms, and reads articles and stuff will be more likely to come to know about Bitcoin than someone who is more into offline stuff and never uses electronic devices much or the internet. In this sense, digitalization does make a difference in making Bitcoin more popular over time.

And, with the world moving with a great pace towards digitalization, Bitcoin doesn't need any promotion or anything because the word about it is spreading fast itself.

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Quote from: Sebas.tian on October 11, 2024, 10:44:00 PM

I don't think, Bitcoin investment is the best investment in the world OP, you mean if they offer you huge amount of funds to start an investment today and they stated the investment, estate investment, land and property investment and Bitcoin investment, meaning you will embrace Bitcoin investment and ignore others. There are many investment that is profitable than Bitcoin investment, because those investments required huge amount of capital before you can start such investment and you will going to double any amount you have use to start up the investment. I agree with you that Bitcoin has spread around the world to be more popular today, because it has helped nations to eliminated delay in transactions and it has also helped nations to reduced unemployment.

I don't know your location, but from my experience, Bitcoin seems to be one of the most profitable investments. Real estate might be profitable, but if you consider the growth of Bitcoin for many years, it will be clear that it will compete favorably with any lucrative real estate business globally. Don't also forget that investing in real estate comes with lots of responsibilities like maintenance and property taxes. Holding Bitcoin is just free of any expenses; all you need is a good wallet and patience.

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