Topic: I found my reason, you can also find yours if you try - page 2. (Read 861 times)

How so unrealistic mate? Have you read the replies from other members? Few people are saying the same thing as I've said, the majority of my people don't know Bitcoin, some have heard about it but believe it to be some pyramid scheme, some just don't want to get involved, the result will surely be different since we are not from the same country.

Mind you, even if we are from the same country we won't get the same result per states, some areas or cities are well civilized than others, some lacks educational background more than others, without trying out this experiment you can just sit back and think about it, even how big the United Kingdom is so many people don't know about Bitcoin.

Till this day, money means everything for so many people, anything else apart from money is invalid, it was how I tried to teach some youths about Bitcoin and their teacher is the one saying they shouldn't give me the attention.

There is no official adoption of Bitcoin and cryptocurrencies in the United States, but yes, there is a growth in adoption by individuals and non-governmental companies in the United States, and this is a very important factor in the spread of Bitcoin around the world.

I do not expect that the United States will ever adopt Bitcoin, even if Trump wins, who seems to support Bitcoin, there will not be an official adoption, but there may be more lenient legislation and regulations that lead to the creation of an open environment that helps increase the spread and adoption.

It is true that in many parts of the country people don't know much about Bitcoin and its potential to transform financial life of the investors who hold it with firm belief in this digital asset for long term.  However, financial literacy about Bitcoin is gradually gaining momentum as its adoption is accelerating in the USA, leading economy of the world, which is very positive development.

The truth is OP part of the social experiment isn't realistic. I don't know where he lives but it's only in a few country that you can find majority of the people lack bitcoin knowledge.

And I also agree to the fact that people in your area and also in my area even though I don't know where you live or country, know at least little things about bitcoin but they just choose not to invest in it not that they don't literally know bitcoin. Most people just ignore bitcoin because of things they have heard about it but never had time to figure out if those things are true or not.

Same here in my country, most people don't know anything about Bitcoin and haven't even heard of it, few people around me have learned a little about Bitcoin through my constant talk.

But despite that, recently in my country, clicking on the screen has spread, especially among those young people who are looking for a job opportunity, they were attracted by Telegram games that depend on clicking only and they can get some free money when distributing airdrops, but they don't know what a wallet is and how it works and how to keep the seed or make a deposit or withdrawal, so this is a positive point for clicking games as they will have to learn these things.

You are absolutely right that it is still early to invest in Bitcoin as its true potential is marvelous and incredible given the fact that its supply bis limnited and fiat based currencies are going through inflationary pressure causing depiction in their value and making life of a common man.

Hence, it is wise decision to accumulate Bitcoin whenever market conditions are bearish and Bitcoin is available at comparetively lower price.

If you want to invest then there is no benefit in delay but it is wise to invest as soon as possible. Those of us who first saw Bitcoin in 2009 but didn't invest because we wanted to invest until now understand the importance of Bitcoin very well. Those who are not investing in Bitcoin now will have a lot of regret in the future and will look back on this day and ask why they didn't invest earlier.

Even in my country where bitcoin is still not used as payment in physical stores, I still believe that majority of the people has already been aware that bitcoin exists. It's just that they are not interested in bitcoin yet that's why they don't take some time to make a research on it.

And I'm not one of those who think bitcoin investment is already late. It can only be late if you keep missing opportunities to invest in bitcoin, while others have already been accumulating bitcoin as much as they can.

Bitcoin has already become so popular that many people would have at least heard of it from any of these sources like social media, TV, movies, series, songs, whatsapp groups etc...
I agree that some people might not have heard about bitcoin yet but the reason why some people are ignoring the question may be because of privacy concerns.
Not everyone likes such kind of an attention especially when it comes to bitcoin.

This is an encouragement to many people who has not started this journey already and am happy you brought this idea here, no one is late in this journey, the day you have the funds to invest is the day your own journey begin in Bitcoin, the people that invested last year thought that they came late just because of the price as at then but here we today, so for m I don't think that it is nice for people to keep discouraging themselves with this late to invest mindset, everything has its begining, if people keep saying they are late, the price of Bitcoin may pump to the level that they may regret not to have taken the adavantage of investing when they were suppose to do so.

I think people should be more concerned about the future of Bitcoin not the current price because the more we procrastinate, the more we are left behind, in nutshell, no one is regarded as a late comer in Bitcoin investment, just that some people failed to do the needful when they were supposed to do so or were unable to get the information or got it and refused to take it serious but the major thing is the readiness to invest and that readiness includes having the fundsavaioabke  and the zeal to invest without any form of discouragement, for me I believe the time is now to hold the bull by the horn and keep buying as little as you can steadily and continously to make a bulky portfolio and hold for a long-term.

A lot have actually heard about bitcoin but if you ask them to explain about bitcoin, they won’t say nothing. Simply because what they don’t know won’t make them interested to. I think the type of government we have also make this poor understanding about bitcoin becomes disregarded.

This only shows that when you are asking random people who are not bitcoin enthusiasts, you will realized that you are early with bitcoin. But if you go to the bitcoin community, there you might feel that you may be late with bitcoin investment, even if you know the real answer to what confuses you.

You see ahead. You're out there, in the real world, showing people that Bitcoin isnt just some internet fad. You're demonstrating money's future one discussion at a time. Wow, so many people still dont get it. They're blindly missing their biggest chance. Its okay. It merely means believers have more to grasp.

Buy Bitcoin and educate others. Spreading the message will alter the world. Continue as you are. Buy, believe, and share knowledge. People, the future is bright. Your kind are leading the way. Its about becoming part of something groundbreaking, not just generating money. I promise thats the most thrilling.

I somehow agree with this only few knows about crypto in my area and even in my workplace, some of them only know the word but doesn't really know how it works or the price.
There are also some who thinks it is a scam or tool to use for money laundering.

You probably live in a very exposed area where people are familiar with cryptocurrency. Mind you, bringing airdrop into discussion is giving me a different feeling that those people might not have idea about bitcoin in particular but cryptocurrency in general. If I should use the same scale as yours, I will hardly get that number with full or little knowledge of Bitcoin. Although more than half of that scale number might be familiar with airdrop or cryptocurrency but not bitcoin or it's value. Moreover, those who might have heard about it will assume it as a scam or ponzi scheme.


I don't want to be specific but I'm confident it's Africa. The same thing is happening here and they are making people to believe bitcoin is a scam. Majority of these fraudsters claim to be a crypto trader but doing online fraud on a low key to cover their fraudulent acts.

Maybe in your country, but my result is based on my location, yours could be different, there are few educated people that I came across  and they claimed they know what Bitcoin is but that's it, they don't know the present price of 1 Bitcoin.

One claimed that his brother invested into Bitcoin, but he has no clue about the price because he have no interest. The truth is Bitcoin don't make fast money.

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I will like to let you know that youths in my country prefer crimes way of making money than going the right legit ways, I am not ashamed to pass the information out, most of them are into scams, I know this because there are many arrests on youths around the age of 18 to 28 that are into online frauds.

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I also rememeber in 2020 when I a was advicing youths to invest in Bitcoin, most of them told me that they can't wait for few years to make money by holding bitcoin, they claimed it is too far in the future, today they respect me, one said I have crazy patience in me. The fact is the youths of nowadays want to make money faster than anything.

I am impressed with your strategy. If someone does this then he will surely know whether he is late to buy Bitcoin or it is the right time for him. There are many people who stay away from buying Bitcoin with such thoughts. There are some who think that the price of Bitcoin has increased so much that there is no possibility of further increase. I will say the same to them that if many people don't know about Bitcoin yet then they will surely try to buy Bitcoin after knowing about it. But it must be remembered that the supply of Bitcoin is limited, so as people's interest increases, the supply of Bitcoin will not increase, due to which the price of Bitcoin will naturally increase.

If we look at the picture of Bitcoin chart from the past few years, we will be able to understand very well what stage Bitcoin was at that time and where it has reached at the moment. When Bitcoin was invented, no one could have imagined that the coin would become so valuable. But with the passage of time, the value of Bitcoin has moved upward and will continue to do so in the future.

When we have explained well what we have understood about Bitcoin to others and they say they need time to think about it, of course this is no longer our responsibility when they later try and also make mistakes later, but if they want to try the investment, of course we must be able to guide them until they really understand and don't let them make mistakes that make them lose money when running their investment.

You are right, if only they took the time to learn of course they would understand that investing in Bitcoin can be done according to the funds they have and also they can make a plan before they decide to run the investment so that they can run their investment well, because it is very unlikely they will be able to understand easily when they first try to invest so they have to try it first and continue to learn until they really understand the investment well.

I think your method might be flawed.... knowing about Bitcoin and buying it even if you know about it.... are no guarantee for it's future growth potential.

A lot of people might know about Bitcoin, but they only listen to the negative things they hear about it. (The media and the movie industry will often link Bitcoin to the worst things you can think of, like drugs and money laundering and sex trafficking and terrorism funding.)

We need people to educate other people about the "good" and "positive" things that can be done with this technology and those positive things that are done, that are not publicized in mass media.  

1.I'm not an extroverted person and I don't ask random strangers on the street about random stuff.
2.The fact that almost nobody knows anything about Bitcoin doesn't necessarily mean that Bitcoin will become mainstream in the future.
Perhaps Bitcoin still isn't user-friendly enough, so that the "average Joe" would accept it. You should ask yourself why would anyone invest in Bitcoin? Being your own bank and waiting for the price to hit the moon and the most obvious reasons, but most people hate taking risks and most people trust the fiat banking system(which is sad). Can you come up with more reasons why should everyone accept BTC? I definitely can't.

Most people will only say "I will think about it" when they hear others suggest them to take a look about Bitcoin. They don't decide to invest in Bitcoin at that moment because they think that they will do that after they study first. But in the end, they are not invest in Bitcoin at all and forget that. They have much time to start if they realizes about that especially Bitcoin is still so early to grow in all countries so those people can follow others to have Bitcoin. They don't understand that they don't have to buy Bitcoin in a large amount at once but they can buy Bitcoin gradually. They can prepare some money for Bitcoin investment and keep buying with small portion of Bitcoin. They can stop whenever they want because they decide how many Bitcoin they want to have.