The majority has probably the same way of being introduced to Bitcoin. But we can also say that there were some few that have just discovered it on their own.
With their curiosity, they're able to do some research and understand it eventually that it has the potential to become a good asset in the future. Those that have stayed didn't wrong themselves but instead right on what they have speculated about it.
The price of it will continue to move for as long as it can be and sky is the only limit that it has got. Let's see how high it will be for this cycle but $500k is possible in the future but I don't know how many cycles we need to go through for that price.
Topic: Bitcoin popularity. - page 6. (Read 1786 times)
Let us give Bitcoin time instead of forcing too many things on Bitcoin because of our very high expectations. You and I know that for each passing year, the number of people joining the Bitcoin family keeps increasing, although they are all here with different motives. The reason some of these people join the Bitcoin family and later lose interest in hodling, using and investing in bitcoin is because of some of the stories they were told by the so called promoters of Bitcoin. Some of us are only interested in increasing the number of Bitcoin's users so the price of bitcoin may increase. So, we tell them only the good things they want to hear and forget about some of the important aspects of Bitcoin they might likely meet.
Expectations about the price problem are when we are and invest when the price is already like today so we expect a bigger breakthrough so that we get a profit quickly but in the end this is not an answer because we have to be patient considering that this takes time and being in bitcoin does not necessarily make us a big profit instantly so that it makes the expected expectations with fast profits it is a mistake and the location of this mistake does not come from bitcoin but from ourselves who do not want to be patient in undergoing the process.
I agree, if someone tried to promote bitcoin to me I will be suspicious about their intentions, it was not until I discovered bitcoin by myself and I investigated what it was about that I decided to become part of this market on my own, and I am pretty sure most people follow a similar process, so it is better to let people to come around on their own, after all there are a lot of lies being spread on social media about bitcoin and some people do not know what to think about bitcoin anymore.
In my opinion, it would be suspicious as you have said especially when you don't know the person who wants to promote bitcoin to you. About discovering bitcoin or knowing about it is mucu better if you have someone close or someone you know who will guide you or teach you about bitcoin compared to learning on your own. That's also the reason why bitcointalk forum exists just for this reason which is to read, share, discuss and learn. 
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.
Let us give Bitcoin time instead of forcing too many things on Bitcoin because of our very high expectations. You and I know that for each passing year, the number of people joining the Bitcoin family keeps increasing, although they are all here with different motives. The reason some of these people join the Bitcoin family and later lose interest in hodling, using and investing in bitcoin is because of some of the stories they were told by the so called promoters of Bitcoin. Some of us are only interested in increasing the number of Bitcoin's users so the price of bitcoin may increase. So, we tell them only the good things they want to hear and forget about some of the important aspects of Bitcoin they might likely meet.Let us allow Bitcoin to promote itself naturally and we will know the real users of bitcoin. Taking it upon ourselves to promote Bitcoin so Bitcoin will gain more followers is not really neccessary, you cannot convince everyone to invest. I don't think Bitcoin is still hidden anymore, people will adopt bitcoin whether we like it or not.
Bitcoin is already popular even though I have met several people from several different countries who mentioned Bitcoin, but they do not know about it. It could be that the popularity level of Bitcoin is only 90% not 100%. What I am thinking right now is how you and I promote the advantages of Bitcoin to people so that they do not only see Bitcoin from the price side.
Don't miss out on the amount of supply that is still circulating to take part when Bitcoin is rare.
Don't miss out on the amount of supply that is still circulating to take part when Bitcoin is rare.
I’m not sure I’d say it is popular. It is still far more common that I come across someone who doesn’t care about it al all than seeing someone who actually owns some. Even the Google search information shows that Bitcoin interest is at a four year low. This is actually a good thing, as it means there is still plenty of upside left.
Each country may be different in popular level. But I already assume that Bitcoin is already popular because almost all of my social media platforms are always displayed news and content about bitcoin and other crypto.
I also always see that there is still a lot of potential that can give me the advantage of all the things that I pursue including the potential of Bitcoin itself.
90% I mean maybe because of my high confidence in Bitcoin that I read and follow here so that in my opinion Bitcoin needs people to convey related to its superiority as an innovation of digital currency.
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.
Let us give Bitcoin time instead of forcing too many things on Bitcoin because of our very high expectations. You and I know that for each passing year, the number of people joining the Bitcoin family keeps increasing, although they are all here with different motives. The reason some of these people join the Bitcoin family and later lose interest in hodling, using and investing in bitcoin is because of some of the stories they were told by the so called promoters of Bitcoin. Some of us are only interested in increasing the number of Bitcoin's users so the price of bitcoin may increase. So, we tell them only the good things they want to hear and forget about some of the important aspects of Bitcoin they might likely meet.Let us allow Bitcoin to promote itself naturally and we will know the real users of bitcoin. Taking it upon ourselves to promote Bitcoin so Bitcoin will gain more followers is not really neccessary, you cannot convince everyone to invest. I don't think Bitcoin is still hidden anymore, people will adopt bitcoin whether we like it or not.
Bitcoin has been showing itself for a long time and continues to prove itself. Bitcoin has been preferred as an investment tool for a long time as a proven investment tool after traditional investment tools. Bitcoin is known by many people. Some of the people who know Bitcoin invest and some do not, but Bitcoin's awareness is increasing every day. There is no need to worry about Bitcoin's awareness anymore.
Bitcoin naturally introduces itself and its users are increasing every day. Time is the best advertisement for Bitcoin and Bitcoin is becoming more and more known as time goes by.
I’m not sure I’d say it is popular. It is still far more common that I come across someone who doesn’t care about it al all than seeing someone who actually owns some.
If only popularity would have meant, the multitude that picks interest or those that are actively investing in Bitcoin but no, only a handful of persons take it this serious.You would find a good number of persons that might have heard of Bitcoin but, don’t give 2 cents about it still. They don’t see anyway it could actively affect their life or what use it might be to them.
Even the Google search information shows that Bitcoin interest is at a four year low. This is actually a good thing, as it means there is still plenty of upside left.
Yeah, it is. It ensures price isn’t explosive in its increase and somehow ranges about a level due to the demand on it. This in turn gives investors an opportunity to come in at a some worth fair price but, you still don’t find a lot of persons taking up the investment. Partly due to the inflation that is happening everywhere and as such, people don’t have enough to spare and maybe they just don’t care. 
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.
Let us give Bitcoin time instead of forcing too many things on Bitcoin because of our very high expectations. You and I know that for each passing year, the number of people joining the Bitcoin family keeps increasing, although they are all here with different motives. The reason some of these people join the Bitcoin family and later lose interest in hodling, using and investing in bitcoin is because of some of the stories they were told by the so called promoters of Bitcoin. Some of us are only interested in increasing the number of Bitcoin's users so the price of bitcoin may increase. So, we tell them only the good things they want to hear and forget about some of the important aspects of Bitcoin they might likely meet.Let us allow Bitcoin to promote itself naturally and we will know the real users of bitcoin. Taking it upon ourselves to promote Bitcoin so Bitcoin will gain more followers is not really neccessary, you cannot convince everyone to invest. I don't think Bitcoin is still hidden anymore, people will adopt bitcoin whether we like it or not.
To get rich from bitcoin it's too late because we won't get an exponential increase like in previous cycles that could be thousands of percent in a few years, if we look at the ATL (all time Low) in the current cycle it counts 3-4 times if we buy bitcoin from its lowest price in this cycle, then if you want to get 10 times to 15 times it might take 1 cycle to three cycles, but that's with the current count, it could be that bitcoin adoption occurs massively, such as the world recognizing bitcoin as a transaction tool or value as a foreign exchange storage asset throughout the country then 20x or more can happen again.
I don't think it's too late to get rich from Bitcoin. We can't predict the future; we might experience a high increase in the price in the future. If more big companies accept it as payment and more nations adopt it as legal tender or reserve currency, we might experience an excessive. It also depends on how much investors are willing to put in and how long they are willing to wait. Bitcoin will probably grow more popular if we talk about decentralization, immutability, financial independence, transparency, and other features of Bitcoin than if we talk about its potential ROI. The former will attract solid supporters, the latter opportunists.
Only a few people are concerned about privacy and freedom. Most of them only have an interest in making money from investing in Bitcoin. And it is becoming difficult to enjoy privacy in this world because the government is gradually making it harder to carry out any transaction without KYC. A survey of why people are engaged in the Bitcoin space will show that majority came for profit. 
Frankly speaking, this is the best investment for people with small and medium capital who want to get rich in the shortest time. Bitcoin is considered the best investment, most of this claim comes from retail investors like us because we see it as the only way to become rich.
But if we look at the big picture and evaluate objectively, bitcoin is just a high-return but high-risk investment, it is not the best investment, you are right.
Bitcoin can't be the shortest time to get rich, even you bought at $15K and sell it at $72K, you only multiplying for 4.8x, if you invest for $1K, now you money turn become $4.8K, it's not a big number.But if we look at the big picture and evaluate objectively, bitcoin is just a high-return but high-risk investment, it is not the best investment, you are right.
It can be shortest time to get rich if you trade with leverage.
The best investment needs to meet many criteria such as: popularity, safety, profit margin, liquidity...Bitcoin is not the best investment.
To get rich from bitcoin it's too late because we won't get an exponential increase like in previous cycles that could be thousands of percent in a few years, if we look at the ATL (all time Low) in the current cycle it counts 3-4 times if we buy bitcoin from its lowest price in this cycle, then if you want to get 10 times to 15 times it might take 1 cycle to three cycles, but that's with the current count, it could be that bitcoin adoption occurs massively, such as the world recognizing bitcoin as a transaction tool or value as a foreign exchange storage asset throughout the country then 20x or more can happen again.
I don't think it's too late to get rich from Bitcoin. We can't predict the future; we might experience a high increase in the price in the future. If more big companies accept it as payment and more nations adopt it as legal tender or reserve currency, we might experience an excessive. It also depends on how much investors are willing to put in and how long they are willing to wait. Bitcoin will probably grow more popular if we talk about decentralization, immutability, financial independence, transparency, and other features of Bitcoin than if we talk about its potential ROI. The former will attract solid supporters, the latter opportunists.
Only a few people are concerned about privacy and freedom. Most of them only have an interest in making money from investing in Bitcoin. And it is becoming difficult to enjoy privacy in this world because the government is gradually making it harder to carry out any transaction without KYC. A survey of why people are engaged in the Bitcoin space will show that majority came for profit. 
To preach Bitcoin as an investment, to exhort people to convert their fiat into Bitcoin may not be that effected, at least compared to just preaching Bitcoin. To talk about Bitcoin itself will probably convince more than when you simply talk about its price.
Bitcoin will probably grow more popular if we talk about decentralization, immutability, financial independence, transparency, and other features of Bitcoin than if we talk about its potential ROI. The former will attract solid supporters, the latter opportunists.
Bitcoin will probably grow more popular if we talk about decentralization, immutability, financial independence, transparency, and other features of Bitcoin than if we talk about its potential ROI. The former will attract solid supporters, the latter opportunists.
Bitcoin will hit $500,000 & beyond but you have to be patient. Bitcoin is a get rich slow investment. It will happen but you are not going to become a millionaire overnight. Buy Bitcoin regularly for many years & you will be very comfortable financially in 20 years.
Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.In other words, Bitcoin is like most profitable investments that requires time to mature and yield rewards. Truly, no long term buyer that ever regretted purchasing Bitcoin. Those who do, didn't have the patience to continue holding, and as it works, they'll go back to see how much their sold btc is now worth in recent market value. For instance, the proposed US government bitcoin reserve is based on a 20 years interval, because it's rare not to see significant changes in price after holding btc to that length of time.
Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.
Seriously the urge to actually get more returns from bitcoin investment is growing and I will say people or investors are getting it wrong to me because the expectations for a pump sometimes aren’t realistic most especially in correspondence to the time frame, bitcoin even in future doesn’t turns you outrightly to billionaire like you have put it out to be, it depends on the amount you put into it if you ask me.
The era where bitcoin actually pumps and does a 100x is gone now if you ask me because the volatility is something that is decreasing as years grow by and seriously i don’t see bitcoin doing a more than 3 in each halving cycle (bull run) from now. So possibly over a 3 halving cycle a 10x is realistic to me than than 15x so making it to millions or billions will require you to have huge capital.
To get rich from bitcoin it's too late because we won't get an exponential increase like in previous cycles that could be thousands of percent in a few years, if we look at the ATL (all time Low) in the current cycle it counts 3-4 times if we buy bitcoin from its lowest price in this cycle, then if you want to get 10 times to 15 times it might take 1 cycle to three cycles, but that's with the current count, it could be that bitcoin adoption occurs massively, such as the world recognizing bitcoin as a transaction tool or value as a foreign exchange storage asset throughout the country then 20x or more can happen again.
Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.
Seriously the urge to actually get more returns from bitcoin investment is growing and I will say people or investors are getting it wrong to me because the expectations for a pump sometimes aren’t realistic most especially in correspondence to the time frame, bitcoin even in future doesn’t turns you outrightly to billionaire like you have put it out to be, it depends on the amount you put into it if you ask me.
The era where bitcoin actually pumps and does a 100x is gone now if you ask me because the volatility is something that is decreasing as years grow by and seriously i don’t see bitcoin doing a more than 3 in each halving cycle (bull run) from now. So possibly over a 3 halving cycle a 10x is realistic to me than than 15x so making it to millions or billions will require you to have huge capital.
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.
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.
The level to which bitcoin have come so far does not really need us to advertise it further or spread the word anymore. It’s going to do its part to spread its word with the level of adoption it has achieved so far in the world. Bitcoin adoption may get slower due to the number of people that embrace it but it doesn't mean it is not going to achieve its stride in the long run. We just have to be patient and continue embracing the technology to the best that we can, but it’ll definitely reach the peak which it’s aiming at.
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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.
That is a very wrong narrative that people share about bitcoin and that has made it very hard for some other people to embrace it after they don’t get the expected result after some periods of time they’re told they’ll become rich. The bitcoin market is very vast and needs proper understanding and knowledge before venturing into it. Most people that leave early are those that get it wrongly or put their expectations way higher what they’re suppose to be expecting of the system.
Bitcoin is on the lips of people, and I don't think that bitcoin is still a baby like back in 2010. The US presidential election campaigns have made bitcoin more famous because that has been the center of attention to win more votes for themselves. This is one of the reasons why preaching bitcoin to anyone is not that important anymore, since bitcoin is now speaking for itself. Anyone who is adamant to adopt bitcoin is based on their own ignorance and pride, apart from those living in interior places who don't have access to modern technology. Bitcoin is still in its transition state and that should be the main reason why one should adopt it, and make investing in bitcoin his priority so that he can accumulate a good quantity before the price skyrocket to a price that only the rich can afford. A time is coming that those who have bitcoin investment will outsmart those who have traditional investment in riches, because inflation will affect anything tradition.
As days go by, more and more Bitcoin will grow in popularity. So I think there is a need to forcefully inform those who don't know about it or who don't have knowledge about modern technology. If someone who doesn't know about this can be coerced into investing, he'll think you're a fraud when the price of Bitcoin drops. The price of Bitcoin has increased significantly compared to the past. It will increase in future but no one can say exactly when it will increase. I think if someone comes to bitcoin with interest and positive thinking, he should be given proper information.
If we look at from the beginning of the emergence of Bitcoin until now, then we can see that the development of Bitcoin has been very good and for some people who do not understand well, of course they have to start learning and it would be better if they could try to invest in these assets for their future, when someone is not familiar with the investment will certainly consider it a scam but when they have understood it, of course it will always be trying to be able to accumulate these assets as their future investments.
It is true that the current price of Bitcoin has experienced a very high increase compared to the beginning of its appearance and anyone who is very confident that the asset will continue to increase, of course will try to be able to invest in order to enjoy profits in the future.
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 already popular even though I have met several people from several different countries who mentioned Bitcoin, but they do not know about it. It could be that the popularity level of Bitcoin is only 90% not 100%. What I am thinking right now is how you and I promote the advantages of Bitcoin to people so that they do not only see Bitcoin from the price side.
Don't miss out on the amount of supply that is still circulating to take part when Bitcoin is rare.
I’m not sure I’d say it is popular. It is still far more common that I come across someone who doesn’t care about it al all than seeing someone who actually owns some. Even the Google search information shows that Bitcoin interest is at a four year low. This is actually a good thing, as it means there is still plenty of upside left.
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.
You said some very common talks about Bitcoin. All of this are already discussed more and more times. Bitcoin is not still now too much popular as an investment because it is too much volatile. And I know many countries still not permitted is as a legal currency.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.
- I will say about some barriers why Bitcoin is not the best or a perfect investment in current situation. Because we should know about pros and cons too. The first one is it is not legalised in many countries and it is very very volatile that's why our investment is moving up and down. But for future Bitcoin is absolutely big opportunity to invest in.
- another reason you said that Bitcoin pumps because of its demands but sometimes it's not true. Bitcoin certainly pumps because of crypto whales and FOMO buying . Sometime Whales by a lot of Bitcoin to pump it and they make a trap and pump the price of Bitcoin after that they suddenly dump it again by selling their holdings. And many times FOMO buying of Bitcoin push a lot to pump it and people rush to buy more. That's why an unexpected pump occurs.
So we should think smartly about our investment. We can buy Bitcoin for long term holdings in bear market not in a bull market. And still now I think short term holdings is good for small investors.
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