Topic: How influential is crypto worldwide? - page 2. (Read 758 times)
I feel like it's not as influential as it is right now and seeing that even with I perceived to be a small amount of influence that crypto is still increasing in value by day makes me full of hope that the more people getting into crypto then the more the price will increase and this is probably a start yet and we're not yet at what many thinks is the true peak of crypto so if that doesn't say anything about the potential of crypto then I don't know what others are waiting for.
Technology has made the world a smaller place and feel more cramped. Technological advances have bombarded people in various countries with too many choices. Let's take an example, Smartphones have become a necessity for every individual to contact and even see people all over the world. Bitcoin has also brought major changes in the financial system, Bitcoin technology is very revolutionary, because it can move finance and other business applications into the technological era.
With Bitcoin you can send money to various parts of the world anytime and anywhere without having to use the services of third parties such as banks or other institutions. As public trust in government continues to decline, Bitcoin which is not tied to any government or political system will likely continue to play a growing role in the global financial system.
With Bitcoin you can send money to various parts of the world anytime and anywhere without having to use the services of third parties such as banks or other institutions. As public trust in government continues to decline, Bitcoin which is not tied to any government or political system will likely continue to play a growing role in the global financial system.
back to human characteristics in general, where when you see successful people you certainly want to imitate them. What I mean by this is that when the bullish season comes, there will be many stories of successful people from cryptocurrency, this will be interesting news for bitcoin adoption, where many people will learn about it and want to be successful like the stories they hear. but this is like a double-edged sword, because there are many stories of people like this actually failing, until they end up reporting fraud on cryptocurrency
That is true, but people should be careful about not following that up until the bear season starts. Too many people see that and try to imitate what they see and when we are on the bull run they may actually do it, which makes them feel better and that's understandable, but we are talking about a situation at bull market.If you see people who made a lot of money during the bull, and you try to imitate it during the bear or start of the bear, then you are going to end up losing a lot of money. This is why you should not be trying to make the same, it is just not going to help you and it is going to end up having terrible reasons for you. I would highly suggest not trying to look at others and try to do the same thing, it is just not that possible.
back to human characteristics in general, where when you see successful people you certainly want to imitate them. What I mean by this is that when the bullish season comes, there will be many stories of successful people from cryptocurrency, this will be interesting news for bitcoin adoption, where many people will learn about it and want to be successful like the stories they hear. but this is like a double-edged sword, because there are many stories of people like this actually failing, until they end up reporting fraud on cryptocurrency
That is true, but people should be careful about not following that up until the bear season starts. Too many people see that and try to imitate what they see and when we are on the bull run they may actually do it, which makes them feel better and that's understandable, but we are talking about a situation at bull market.If you see people who made a lot of money during the bull, and you try to imitate it during the bear or start of the bear, then you are going to end up losing a lot of money. This is why you should not be trying to make the same, it is just not going to help you and it is going to end up having terrible reasons for you. I would highly suggest not trying to look at others and try to do the same thing, it is just not that possible.
back to human characteristics in general, where when you see successful people you certainly want to imitate them.
We get to see some kind of cleaned record fairytale.
How well do you know Elon Musk?
people believe to know and instead of running to church where their beliefs belong, they assume too much.
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.Just let them regret later on, when they find out the truth about cryptos because by that time I'm sure that the value of cryptos are already high enough because there are still factors which can lift its price even if the adoption won't grow. One example would be the halving event.
And this is something that more adoption can actually help with. It’s basic to know that the more adoption, the more people are talking about it. And when too many people are talking about something, the truth will always come out somehow. Or let’s assume that countries start accepting Bitcoin, the media will say good things because they’d see it as the government has validated it to be something worth venturing into.
And this is something that more adoption can actually help with. It’s basic to know that the more adoption, the more people are talking about it. And when too many people are talking about something, the truth will always come out somehow. Or let’s assume that countries start accepting Bitcoin, the media will say good things because they’d see it as the government has validated it to be something worth venturing into.
Just talk about in regards to crypto we have, Fraud and cheat are the classificated denominations we have to get away from.
Crypto and therefore Bitcoin have become synonyms for trading. Definitely not that good
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.Just let them regret later on, when they find out the truth about cryptos because by that time I'm sure that the value of cryptos are already high enough because there are still factors which can lift its price even if the adoption won't grow. One example would be the halving event.
And this is something that more adoption can actually help with. It’s basic to know that the more adoption, the more people are talking about it. And when too many people are talking about something, the truth will always come out somehow. Or let’s assume that countries start accepting Bitcoin, the media will say good things because they’d see it as the government has validated it to be something worth venturing into.
When this is considered, the suggestion that these cryptocurrencies could grow larger than some of the world's largest companies (as some, like Bitcoin, already have, is not an unreasonable one.
Firstly, Bitcoin does not have a need to grow bigger than those industries. Finances is a game of the centralized, corporate world and they have so many tricks to keep winning that game. Bitcoin is not about the numbers game, it js an alternative to that entire system. An escape from the financial trap that the governments have set up.
Bitcoin can never outgrow those industries as it would require support from government and they won't until Bitcoin becomes centralized if it does then it would lose t essence and the reason why it was invented, I think more adoption is needed so that people can accept Bitcoin as payment system which is possible only when more people starts using it. Because if we don't have adoption you will be just transacting numbers and end user would not be able to utilize Bitcoin for any purpose
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.Just let them regret later on, when they find out the truth about cryptos because by that time I'm sure that the value of cryptos are already high enough because there are still factors which can lift its price even if the adoption won't grow. One example would be the halving event.
How would this work? In the case of your friends calling it a scam, I can bet that they do not have interest and simply puts that label on Bitcoin.
A friend of mine was sceptical but as he sent me some values over LTC he now sees it with different eyes.
In the end Crypto is innocent when it comes to guilt. Scams are perpetrated by humans.
Lets get back on track.
I estimate between 20 and 40 million but I fear that that number is a digit too high already.
Be it as it may, the numbers are all worth applauding.I estimate between 20 and 40 million but I fear that that number is a digit too high already.
Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.
I give out the whitepaper that helps a lot to understand the root of Bitcoin and crypto.
The same friends complaining about fraud had a hard time resisting the millions and billions of OPM (Other People Money) it takes character to resist temptations.
How would this work? In the case of your friends calling it a scam, I can bet that they do not have interest and simply puts that label on Bitcoin. How then do you get someone who doesn’t have interest to read the Bitcoin whitepaper? You can imagine how enormous it is and not as easy as an article. I think you may just need to point of solid points about Bitcoin for them, give them examples of the things that it has done. But in my thoughts, they wouldn’t want to read the whitepaper.
Lets get back on track.
I estimate between 20 and 40 million but I fear that that number is a digit too high already.
I estimate between 20 and 40 million but I fear that that number is a digit too high already.
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.
Because there is a disadvantage or disadvantages of something does it mean it shouldn’t be used or created? Nothing is perfect. Fiat and banks weren’t perfect and that brought about the creation of Bitcoin which too isn’t perfect. There’s always a downside to everything, and Bitcoin isn’t an exemption. Many more scam cryptocurrency projects (which will give cryptocurrency bad name) will come but it should be expected because everyone can’t be good.
Frankly it seems we have very less number of users in the crypto sphere. There is simply no way to tell the exact number of peeps using the crypto because you cant predict them by number of addresses. I mean its unpredictable how many addresses one person is creating on everyday basis if not then monthly basis! It doesnt even give the slightest idea to the survey input. So I highly doubt we have 400 million users of crypto or bitcoin alone. There are multiple services, online shops, exchanges, gaming institutes, sports and gambling sites, faucets and not limited to just them who are using BTC as mode of payment. They also have auto address generator thus creating virtually N-number of addresses world wide. I would like to consider that users with crypto holding Vs share market is definitely not worth it. As mentioned in couple of posts, its also about the timeline. We are throwing a brand new asset and trying to compare it with legends who wander the earth since ages. 
We can definitely say that there are tens of millions of them, we can't know the exact number, but it's clear that the number is somewhere at 10+ million without a doubt, that much is known and sure. I feel like we need to focus on something that we could benefit from.I get that we may not be all that great at what we do, but we need to be careful at what we can do, and in this case it means that we are a great big population that taken bitcoin from nothing to a trillion dollar marketcap, that is the power that we have among these people. So it's influential, it's definitely something that can influence enough people to make something go to a trillion dollar market cap, and that is definitely what the question was about as well.
Frankly it seems we have very less number of users in the crypto sphere. There is simply no way to tell the exact number of peeps using the crypto because you cant predict them by number of addresses. I mean its unpredictable how many addresses one person is creating on everyday basis if not then monthly basis! It doesnt even give the slightest idea to the survey input.
Very well said.
Bitcoin’s decentralized feature allows a lot of us to be able to own bitcoin and transact with bitcoin without having to sacrifice our own privacy this feature hinders statistics to get an accurate read of how much people are there holding bitcoin i mean a lot of us probably would not admit having bitcoin in real life due to security reasons
Bitcoin has only been around for not even two decades but its development has come so far
Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.
I give out the whitepaper that helps a lot to understand the root of Bitcoin and crypto.
The same friends complaining about fraud had a hard time resisting the millions and billions of OPM (Other People Money) it takes character to resist temptations.
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.
And in the end they realized their misunderstanding of Bitcoin, so I think those who don't respond and even judge Bitcoin negatively just ignore it because in the end they will regret it.
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.
More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.
I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.
its just ridiculous.
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