Everyone who's going to hear about bitcoin has heard about it - page 2.

stromma44

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Quote from: Amph on May 08, 2015, 07:47:31 AM

Quote from: torrentheaven on May 08, 2015, 05:01:42 AM

I Simply Don't Agree.

Ask the people from Developing Countries. The reply would be What the hell is this?? There are many regions where they do not have access to internet many doesn't know what the smart phone is?? How can you expect that they are aware of bitcoins?? Still long way to go.

those must be the minority, because i know that even africa are aware of bitcoin, how could any others industrialized country did not know about it? sry but it sounds like bullshit

Country means entire country as a whole. Just look at the population of China & India and half of the population would be minors that means 50% of population doesnt know what bitcoin is and even the educated people are not aware about the bitcoins Industrialised country doesn't mean that everyone is aware of all the technologies.

Amph

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Quote from: torrentheaven on May 08, 2015, 05:01:42 AM

I Simply Don't Agree.

Ask the people from Developing Countries. The reply would be What the hell is this?? There are many regions where they do not have access to internet many doesn't know what the smart phone is?? How can you expect that they are aware of bitcoins?? Still long way to go.

those must be the minority, because i know that even africa are aware of bitcoin, how could any others industrialized country did not know about it? sry but it sounds like bullshit

shulio

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Quote from: torrentheaven on May 08, 2015, 05:01:42 AM

I Simply Don't Agree.

Ask the people from Developing Countries. The reply would be What the hell is this?? There are many regions where they do not have access to internet many doesn't know what the smart phone is?? How can you expect that they are aware of bitcoins?? Still long way to go.

Not only on the developing countries but even in the country where the majority of bitcoin trader is like china. I suspect still a lot of people hasnt heard about bitcoin yet. It is normal because some people are not aware of such technology yet. Especially something like bitcoin which is used as trading tools

torrentheaven

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I Simply Don't Agree.

Ask the people from Developing Countries. The reply would be What the hell is this?? There are many regions where they do not have access to internet many doesn't know what the smart phone is?? How can you expect that they are aware of bitcoins?? Still long way to go.

Whitehouse

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I watched the first episode of the documentary series Pot Barons of Colorado yesterday about the cannabis industry there and it was interesting that banks were shutting down their business accounts and refusing to work with them and as such they were forced to keep millions of dollars in their store and carry dangerous amounts around to make business transactions. Bitcoin seems like it could be a real benefit to the cannabis industry if the laws don't change on a federal level which they are unlikely to do for quite some time. There's so many benefits to many industries and they just need to realize this but will they or how long will it take?

digicoinuser

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There is still people who don't know what Bitcoin is that could benefit from its use.

gadman2

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My daughter is 1 month old today and she hasn't heard about it. But she will.

Pro_Crypto_Marty

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Bitcoin promoter. Pro Crypto tee wearer. Nice guy.

Quote from: MakingMoneyHoney on May 05, 2015, 03:19:06 PM

Quote from: jehst on May 05, 2015, 10:48:47 AM

Quote from: ObscureBean on May 05, 2015, 10:45:14 AM

I think we still have a ways to go, we need more big companies under our belt to be able to really reach the layperson. I believe Overstock is currently the biggest retailer we have which is really awesome, it's just a bit of a shame that they don't seem to have Bitcoin mentioned anywhere on their front page, it's only when you go to pay that you get the option. People need to be able to see the Bitcoin logo more places online, if the word Bitcoin is always popping up, eventually some will try to learn more about it.

I've seen the PerfectMoney, Webmoney, and other logos about 10,000 times. I've never felt the desire to learn more about them. Why? Because I'm doing fine with the things I'm using now. I won't start using something new unless I get a big discount. It might be the same with most people and bitcoin.

As most people on this thread have pointed out, knowing about Bitcoin, has no relation to knowing what Bitcoin is, or why it's useful. I had heard of Bitcoin 2 or 3 years before actually looking up more information on what it was. As soon as I understood what it was, I was hooked.

As jehst said, people may have seen the word Bitcoin or heard it mentioned, but they don't go looking for information on what it is.

IMHO, for a large population of people to understand what it is, there needs to be a specialized nationwide commercial in each country about what is wrong with fiat money, and why Bitcoin solves those problems. Play it enough, and you'd have a LOT of new interested people.

I also wouldn't neglect the power of word-of-mouth. I've done some street-campaigning for charities like Doctors Without Borders. When this type of solicitation first began, many people had no idea what some of these charities were, even though they're pretty big. Now, I stop people on the street and most of them know what I'm talking about and had even learned about it from another person like me.

It might be difficult to apply that strategy to Bitcoin but I feel like combining media exposure with person to person interaction with informed people would make a big difference.

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Quote from: torrentheaven on May 07, 2015, 03:50:46 PM

I think there are many people who have heard about the bitcoins but don't know the actual functioning of bitcoin. So i dont agree with the above thread that everyone has heard about the bitcoin. Hearing about a bitcoin n knowing it thats make a vast difference.

I'll have to agree. I've stumbled upon several people that have heard the word but have no idea what bitcoin is. And to be honest, the whole concept sounds too good to be true at start. When I try to introduce it to friends they struggle to believe that you can use it to transfer money anywhere, at any time with close to zero costs and no restrictions at all. More people will learn how to use it day by day, I'm just hoping that the pace this keeps happening ramps up.

But hey, there are middle-aged people that refuse to use the internet still, why would we would they use bitcoin just by hearing about it?

torrentheaven

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I think there are many people who have heard about the bitcoins but don't know the actual functioning of bitcoin. So i dont agree with the above thread that everyone has heard about the bitcoin. Hearing about a bitcoin n knowing it thats make a vast difference.

BillyBobZorton

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Quote from: jehst on May 04, 2015, 09:23:12 PM

You're not going to find a middle class guy who is remotely tuned in to CNBC or Yahoo/Google Finance who hasn't heard of bitcoin by now.

In the past, bitcoin expanded into new demographics. It started with the Slashdot crowd in 2009. Then the Wired/Silk Road article crowd in 2011. Then expanding more towards the VICE/Reddit/CNBC crowd in early 2013. By late 2013, it was on major network television in places like China, Russia, India, etc. You can't be a Wall Street Journal reader or a Google Finance reader without having read about bitcoin. It's been on the front page multiple times.

The next push won't be expanding into a new demographic. It will have to be on the strength of the technology itself.

I heard of Bitcoin years before I even cared to actually use it. "Hearing about Bitcoin" in some vague headline doesn't mean understanding what the fuck is Bitcoin and why you are literally retarded if you aren't getting in at specially the current mega low price. But you know what? People that chose to ignore Bitcoin don't deserve benefiting from it, so fuck them, they'll be late and sorry, we'll be sooner and celebrating.

shulio

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Quote from: jehst on May 07, 2015, 10:49:46 AM

Quote from: shulio on May 07, 2015, 10:43:05 AM

Quote from: jehst on May 07, 2015, 10:38:04 AM

Quote from: ebliever on May 07, 2015, 07:23:01 AM

In 1955 most people had heard about "computers" in the U.S. Doesn't mean they were using them. Ditto with cell phones in 1990, or GPS technology around that time. So it's fallacious to say we are anywhere near a ceiling based on minimal awareness.

Yes, which brings us to the "strength of the technology" point. People heard about computers in 1950s to a sort of saturation level. Then it took improvements in the tech to foster further adoption. I believe the "easy-gains" (of speculative investment and attention) that come from expanding from obscurity into celebrity are over. Now bitcoin will (or won't) progress based on what it can actually do. I'm not saying any kind of ceiling has been reached, except the ceiling of novelty.

Why do you think that bitcoin cant progress on it is now? Bitcoin may not have a lot of space for progress but atleast it is the technology that will be use in the future. Furthermore what we need is just to educate people on how awesome bitcoin is if you compared it to fiat

Many reasons. Two that come to mind:

1. The bitcoin ecosystem is rife with hacks, theft, and fraud. It's not ready for grandma to use.
2. Scalability.

We are working on these things. Bitcoin's current state is not suitable for most regular people's use.

Fiat is surrounded with the same things as well , theft, fraud, launder and such but I agree that it will be hard for a grandma to use especially it involves in copying and paste-ing address which is hard for the old person to do. But all this reason doesnt mean that we cant educate people in using it. The same thing with computer, all I remembered that it takes a lot of cash just to learn Microsoft Words when there is a "computer" coming into my country

jehst

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21 million. I want them all.

Quote from: shulio on May 07, 2015, 10:43:05 AM

Quote from: jehst on May 07, 2015, 10:38:04 AM

Quote from: ebliever on May 07, 2015, 07:23:01 AM

In 1955 most people had heard about "computers" in the U.S. Doesn't mean they were using them. Ditto with cell phones in 1990, or GPS technology around that time. So it's fallacious to say we are anywhere near a ceiling based on minimal awareness.

Yes, which brings us to the "strength of the technology" point. People heard about computers in 1950s to a sort of saturation level. Then it took improvements in the tech to foster further adoption. I believe the "easy-gains" (of speculative investment and attention) that come from expanding from obscurity into celebrity are over. Now bitcoin will (or won't) progress based on what it can actually do. I'm not saying any kind of ceiling has been reached, except the ceiling of novelty.

Why do you think that bitcoin cant progress on it is now? Bitcoin may not have a lot of space for progress but atleast it is the technology that will be use in the future. Furthermore what we need is just to educate people on how awesome bitcoin is if you compared it to fiat

Many reasons. Two that come to mind:

1. The bitcoin ecosystem is rife with hacks, theft, and fraud. It's not ready for grandma to use.
2. Scalability.

We are working on these things. Bitcoin's current state is not suitable for most regular people's use.

shulio

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Quote from: jehst on May 07, 2015, 10:38:04 AM

Quote from: ebliever on May 07, 2015, 07:23:01 AM

In 1955 most people had heard about "computers" in the U.S. Doesn't mean they were using them. Ditto with cell phones in 1990, or GPS technology around that time. So it's fallacious to say we are anywhere near a ceiling based on minimal awareness.

Yes, which brings us to the "strength of the technology" point. People heard about computers in 1950s to a sort of saturation level. Then it took improvements in the tech to foster further adoption. I believe the "easy-gains" (of speculative investment and attention) that come from expanding from obscurity into celebrity are over. Now bitcoin will (or won't) progress based on what it can actually do. I'm not saying any kind of ceiling has been reached, except the ceiling of novelty.

Why do you think that bitcoin cant progress on it is now? Bitcoin may not have a lot of space for progress but atleast it is the technology that will be use in the future. Furthermore what we need is just to educate people on how awesome bitcoin is if you compared it to fiat

jehst

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21 million. I want them all.

Quote from: ebliever on May 07, 2015, 07:23:01 AM

In 1955 most people had heard about "computers" in the U.S. Doesn't mean they were using them. Ditto with cell phones in 1990, or GPS technology around that time. So it's fallacious to say we are anywhere near a ceiling based on minimal awareness.

Yes, which brings us to the "strength of the technology" point. People heard about computers in 1950s to a sort of saturation level. Then it took improvements in the tech to foster further adoption. I believe the "easy-gains" (of speculative investment and attention) that come from expanding from obscurity into celebrity are over. Now bitcoin will (or won't) progress based on what it can actually do. I'm not saying any kind of ceiling has been reached, except the ceiling of novelty.

spazzdla

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Quote from: jehst on May 04, 2015, 09:23:12 PM

You're not going to find a middle class guy who is remotely tuned in to CNBC or Yahoo/Google Finance who hasn't heard of bitcoin by now.

In the past, bitcoin expanded into new demographics. It started with the Slashdot crowd in 2009. Then the Wired/Silk Road article crowd in 2011. Then expanding more towards the VICE/Reddit/CNBC crowd in early 2013. By late 2013, it was on major network television in places like China, Russia, India, etc. You can't be a Wall Street Journal reader or a Google Finance reader without having read about bitcoin. It's been on the front page multiple times.

The next push won't be expanding into a new demographic. It will have to be on the strength of the technology itself.

So like.. 1% of the population has heard of BTC... such large % ...........

ebliever

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In 1955 most people had heard about "computers" in the U.S. Doesn't mean they were using them. Ditto with cell phones in 1990, or GPS technology around that time. So it's fallacious to say we are anywhere near a ceiling based on minimal awareness.

Whitehouse

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All the people in the Asian and African remittance markets haven't heard about it. All the people in the gambling industry haven't heard about it. All the people in the adult/sex industry haven't heard about it. Those are three huge industries that both merchants and consumers/users can benefit from bitcoin and there's many more. Bitcoin probably hasn't even reached more than a few percent of its true potential. It can easily go global so I disagree massively with this thread.

zendantom

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Quote from: CoinBateman on May 06, 2015, 03:01:36 PM

Hearing about bitcoin is a long shot from knowing the uses, and adopting it some aspect of their life.
Even in countries such as Korea where Bitcoin ATM's are everywhere, hardly any businesses will accept bitcoin and more so, the general public are still at large oblivious to what exact it is.

Bitcoin does have some challanges and hurdles, which to the general public is quite hard to overcome.
Over time, i expect alot of the services developed for bitcoin will help people get into crypto with little barriers of entry.

Very Rightly Said. Nobody is interested in keeping an eye on financial news so how can we expect that they have heard about bitcoin. Everyone is busy with their own businesses and thinking how to make money they should start looking for diversification and thats only possible when they know what exact bitcoin is.

CoinBateman

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Hearing about bitcoin is a long shot from knowing the uses, and adopting it some aspect of their life.
Even in countries such as Korea where Bitcoin ATM's are everywhere, hardly any businesses will accept bitcoin and more so, the general public are still at large oblivious to what exact it is.

Bitcoin does have some challanges and hurdles, which to the general public is quite hard to overcome.
Over time, i expect alot of the services developed for bitcoin will help people get into crypto with little barriers of entry.

Topic: Everyone who's going to hear about bitcoin has heard about it - page 2. (Read 4122 times)