how bitcoin is popular in your country ? - page 52.

vasrasus

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Quote from: torrentheaven on August 25, 2016, 10:21:58 AM

It will depend on population of country and the percentage of people aware about the bitcoins, if people are tech friendly and believe in innovative technology then they will surely start using it.

Correct in our country it didn't have any news yet on bitcoin but already lot of users of bitcoin forming groups in facebook and having a lot of members
it is definitely defends on how techy the people is or how they really want to have extra income.

shinratensei_

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Quote from: Oralmat on August 26, 2016, 12:13:45 PM

Quote from: Jeremycoin on August 26, 2016, 10:02:56 AM

Quote from: Oralmat on August 26, 2016, 09:49:18 AM

In my country, it is a big problem, because no one know about Bitcoin, even when i want to explain about the bitcoin and other crypto currenies than they never want to listen it, because they have no interest on it, and also my government not accept it, thats why my country's people not interested.

Then you must be the lucky one, because you're the only people who understand about Bitcoin.
Just because the government doesn't accept it, doesn't mean that it's illegal right?
By the way, have you tried to introduce Bitcoin to your family or some close friends.

Yeah, sure i am lucky one,
But bitcoin is not illegal in my country, actually, mostly people have no awareness about online's currencies, and also government has no main character in it, because it is not introduce in a high lever.

Okay, I'm included on the lucky one too, but different in my country the government is giving a guarantee for their civilians' freedoms and then it's very allowed for using bitcoin in my country and in this time maybe there are a nearly 100 hundred thousand in my country.

bitsoldiers

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bitcoin is popular in my country....in investment and trading and for goods and services...

uquid

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Quote from: calkob on August 26, 2016, 02:59:29 PM

Ireland has been pretty responsive to bitcoin and there is a lot of businesses that now accept bitcoin.

yes that really good new for us

calkob

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Ireland has been pretty responsive to bitcoin and there is a lot of businesses that now accept bitcoin.

phreaky

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Quote from: jak3 on August 26, 2016, 02:30:56 PM

If i say that in my country 40% of people liked it very much and rest of the 10% just liked the concept and maybe after somedays they will became intrested to join it

Wow that is a lot of people. Which country do you live in? Because i find it quite surprising so many people like bitcoin. Overall i think 40% of the people use creditcard and they got a large market cap. In my country bitcoin is still a baby waiting to grow up.

jak3

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If i say that in my country 40% of people liked it very much and rest of the 10% just liked the concept and maybe after somedays they will became intrested to join it

harizen

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I considered the stats of bitcoin users here in my country as enough to hold 10%-15% of the total bitcoin users in the world.

It was just for the users and it excludes all person that hear bitcoin. Some people here already heard the word bitcoin but most of them are not using it.

More importantly even with the small numbers of bitcoin users here in our country, there are local exchangers here that really has a good services on how we can use our bitcoin by any means.

randy8777

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here in the netherlands there are several places where you can spend your coins, but the most interesting places are too far away to be worth the trip. i want a supermarket here where i can spend my coins. that's what i am waiting for.

Kevin77

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Quote from: Fatanut on August 26, 2016, 08:02:34 AM

I think most of us can say that Bitcoin isn't popular in the whole world. So most of us can say that Bitcoin isn't popular in our country. Here in the Philippines, only a few actually uses Bitcoin. Most netizens just read some articles about it so whenever Bitcoin becomes a topic in a conversation, they can pretend as if they know a lot about it.

However, the number of people that are getting informed about bitcoin can only grow. I think after years and after a lot of people have a great experience with bitcoin, it'll be finally popular in most areas.

Not really. I can assure to you that bitcoin is popular in first world countries, especially in China.
As for our country, it's actually very popular since the number of active bitcoin users increase by the day and it currently has government support/backing using a third party company. Although there aren't really any physical stores that accept bitcoins.

sabbirshm

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I am sorry to say almost all people of my country doesn't hear about bitcoin they didn't have any knowledge about. I think only 0.1% people use bitcoin. So, In my country bitcoin is not popular so much.

bitcoinvestor

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Quote from: shane on August 25, 2016, 11:52:17 AM

pretty much bitcoin population in my country, it is evident in some social media group with many member, sometimes I also do not think, when many users in my city. in my country there is only one place selling bitcoin which has offices, namely in the city of Bali. in Bali you can use bitcoin for anything, such as renting a hotel and pay for other things.

Bali is the land of bitcoin. In Indonesia bitcoin is well known among the internet users for only few percent from total users. After all, bitcoin hasn't popular yet in all community itself.

krishna1

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People in my country see it on negetive sence they are scared of it and do not trust any online stuff even if they have have not tried it and some of their relative tried it

martinacar

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Quote from: Ewinsane on August 26, 2016, 11:04:29 AM

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .

Well it depend really where you live, i know in my country and in a way many west europeans country bitcoin is very popular by techy people. The amount of non techy people is growing though.
Which tell us here in europe bitcoin is becoming more and more established.

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Quote from: Jeremycoin on August 26, 2016, 10:02:56 AM

Quote from: Oralmat on August 26, 2016, 09:49:18 AM

In my country, it is a big problem, because no one know about Bitcoin, even when i want to explain about the bitcoin and other crypto currenies than they never want to listen it, because they have no interest on it, and also my government not accept it, thats why my country's people not interested.

Then you must be the lucky one, because you're the only people who understand about Bitcoin.
Just because the government doesn't accept it, doesn't mean that it's illegal right?
By the way, have you tried to introduce Bitcoin to your family or some close friends.

Yeah, sure i am lucky one,
But bitcoin is not illegal in my country, actually mostly people have no awareness about online's currencies, and also government has no main character in it, because it is not introduce in a high lever.

greBit

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Quote from: leowonderful on August 26, 2016, 11:08:43 AM

Quote from: Ewinsane on August 26, 2016, 11:04:29 AM

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .

It's not guaranteed that the price of bitcoin will go up; there's a very good chance at any chosen point in time, but trading can yield much more money, and is a very useful resource. It also takes quite a bit of money and time, and price can and will stagnate. You probably won't earn big profit if you only buy a small amount of bitcoin. It's still a popular option with many people, but I prefer trading and investing my bitcoin. Buy low, sell high isn't a very reliable way of making money, and it's generally not fast.

When it comes to trading bitcoins, it requires great level of patience as we cannot expect that price will touch to moon overnight, we may see price drop after we purchased and at that time the role of patience will come into play.

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Quote from: Ewinsane on August 26, 2016, 11:04:29 AM

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .

So you are talking abou speculation and trading.
Yes it's true that speculating with Bitcoin is right now it's biggest network effect.
And there's nothing wrong about that.
Funny is that I started trading Bitcoin and cryptos in general first before I started forex trading as well.
In general it's the other way around. The pro traders found with Bitcoin another great high volatile market they could make lots of money with.

leowonderful

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Quote from: Ewinsane on August 26, 2016, 11:04:29 AM

There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .

It's not guaranteed that the price of bitcoin will go up; there's a very good chance at any chosen point in time, but trading can yield much more money, and is a very useful resource. It also takes quite a bit of money and time, and price can and will stagnate. You probably won't earn big profit if you only buy a small amount of bitcoin. It's still a popular option with many people, but I prefer trading and investing my bitcoin. Buy low, sell high isn't a very reliable way of making money, and it's generally not fast.

Ewinsane

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There is maximum people using bitcoin as investment they buy bitcoin with low price and then until wait for increase its price to higher amount when bitcoin price go to rise up then many people sell it or use it as currency and i think its good way to earn big profit from bitcoin and these reasons make bitcoin bitcoin more popular in any country .

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Quote from: Corenin on August 26, 2016, 10:32:57 AM

Quote from: serjent05 on August 26, 2016, 10:30:23 AM

In my country, I think bitcoin isnt that popular but it is beginning to be popular. But the problem is that. Im afraid people might get a bad impression about bitcoin since it is advertized by networking company and taking advantage of the ignorance of people about bitcoin and blockchain. I just hope those company won't run with their members money coz i don't wanna see another bad news about bitcoin activities.

Yeah and the main reason people hesitate in investing their money in bitcoin is that they have fear of loosing their money and that is the major drawback with bitcoins.

you right , investing in bitcoin also high risky of investment. Nobody can give out guarantee for profit.
some scam company already try give customer 20% >200% profit guarantee before they stolen money and disappear !

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