Topic: Bitcoin popularity. - page 4. (Read 1786 times)

There are now many communities spreading bitcoin and more on social media including education on Youtube.

Yeah most governments are like that where they say bitcoin is volatile “you have to be careful investing in BTC” sometimes propaganda like this is always there, but for the government I continue to increase more positive monitoring efforts because there are already taxes received by the government.

Bitcoin will definitely continue to grow given the increasing popularity especially when they see where some outside companies have bitcoin invested.
This will be their sense of trust in bitcoin.

People being skeptical about Bitcoin is no longer new, it has been so since it's invention, those who had the opportunity to invest in Bitcoin in it's earliest days must really have been regretting already at seeing what has become of it Bitcoin now and surely, the same will happen to as many who has the opportunity now and refused to see the true potentials that Bitcoin holds when Bitcoin will become more than what it is today. However, it is not by force neither is it compulsory to investment or utilize Bitcoin potential undoubtedly it is by choice and personal conviction enough to see Bitcoin as a coin worth investing on in order to make an informed investment decisions, and not because it is what every one else seems to be doing or saving. There can never be an end to market sentiments, wether negative or positive that is what we should know or always have in mind.

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.

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.

Those who stop Bitcoin investment after read some bad news will regret when they see Bitcoin price increase. They will not have a chance to make a big profit because they don't have many Bitcoin in the future. They must know that in Bitcoin investment, they must have patient waiting for the price grow so they hold their Bitcoin for some time while still accumulates more Bitcoin.

Bitcoin will become more popular in the future following the number of the investor that will increase. And if you want to see how big your profit, you should invest more using the money you can afford and wait for the time comes.

You don't need to worry with bad news because that will always come to make people afraid and worry with their Bitcoin investment.

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.

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.

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.

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.

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 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.

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.

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.

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.

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 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

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.

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.

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.

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.

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