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Topic: Most people dont even know what this is yet. - page 10. (Read 13505 times)

sr. member
Activity: 588
Merit: 256
which makes many people do not know about bitcoin because bitcoin can not be inaugurated its existence in all countries even the use of bitcoin can not be felt by everyone. if bitcoin can be made in the form of cards like Atm and each payment can be changed into bitcoin form then everyone can use bitcoin like they use atm card which always exist in each user's wallet.
full member
Activity: 350
Merit: 100
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...
YUP i think 80 percent of all people in the world did'nt know what is cryptocurrency becauase people focus on other course or in regular job . in my country 70percent of people dont know about bitcoin because in my country there are many people scared in scam so that's why they did'nt believe to bitcoin .
hero member
Activity: 1078
Merit: 507
Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
Yes. Now the price  is  keep  on increasing  by the increase  in  bitcoin  users. Since only 30% of world population  will know about  the  bitcoin  so. After 5-6 years  the bitcoin  will be legal in all the country. And it will replace  the  dollar  at that time. Bitcoin  will be known  by the all people  in this world.
Can you please show some proofs about on your claim regarding on 30% of the entire population on the world do know about bitcoin. I dont think so into those numbers knowing yet that bitcoin isnt really been considered on many places.There are some but only small in numbers.30% is too much to presume maybe 5-10% would be more realistic or even less.

I totally agree as 30% is a huge amount of population worldwide, moreover bitcoin replacing Dollar will be very tough as investors and CEO of big banks will try every possible way that Bitcoin don't became powerful and replaces fiat currency as it will reduce their profits and it can lead to eliminate the scope of banks in the world means losing of finical power to a greater extent.
hero member
Activity: 2786
Merit: 646
Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
Yes. Now the price  is  keep  on increasing  by the increase  in  bitcoin  users. Since only 30% of world population  will know about  the  bitcoin  so. After 5-6 years  the bitcoin  will be legal in all the country. And it will replace  the  dollar  at that time. Bitcoin  will be known  by the all people  in this world.
Can you please show some proofs about on your claim regarding on 30% of the entire population on the world do know about bitcoin. I dont think so into those numbers knowing yet that bitcoin isnt really been considered on many places.There are some but only small in numbers.30% is too much to presume maybe 5-10% would be more realistic or even less.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
Yes. Now the price  is  keep  on increasing  by the increase  in  bitcoin  users. Since only 30% of world population  will know about  the  bitcoin  so. After 5-6 years  the bitcoin  will be legal in all the country. And it will replace  the  dollar  at that time. Bitcoin  will be known  by the all people  in this world.
newbie
Activity: 25
Merit: 0
Yes i just started with this last week because my friend told me i noticed that in my country very few people know what bitcoin is and what it can do i hope maybe in the future more people will realize the advantages of bitcoin.
newbie
Activity: 10
Merit: 0
I agree but we can teach them to learn about it we can show them what options they could have if they invest in bitcoin and what their profits would be so they will become intrested in this too.
hero member
Activity: 1078
Merit: 507
Still, after 8-9 years of Bitcoin it is still popular among very few people. But in the recent time it's popularity is increasing and thereby increasing it's price and more opportunities for everyone. Everyday people are joining bitcoin making it more large everyday, due to which Bitcoin is being accepted at many hotels and casinos. Also the increase in demand will help the bitcoin price to rise making it a profitable investment in the future.
newbie
Activity: 28
Merit: 0
We are nonetheless midway to popular use in a handful of many years maybe I feel it will be different but now it is extremely little when compared.
full member
Activity: 504
Merit: 102
I don't get too surprised that just very few people understand it or know it. It is highly technical and technology require high knowledge. Hence, less industrial society find it difficult to grapple with due to its processes.
As we all know that there is a lot of illiteracy in the world, and this is the reason why most of the people don’t know about bitcoin. They are not aware of bitcoin that is because they don’t want to think big and get big. They don’t use their mind to think about anything good.
hero member
Activity: 779
Merit: 500
Hey, guys, you will not believe... But I really know a few normal, regular people, who work at their work, who have families, children, do shopping and so on. But they even don't know... e-mails!!! Really, they can not use computer at all. And they consider themselves - normal, usual people. They work 12 hours a day and when they come home, they hardly have power to get to the sofa and switch on TV. So wht BITCOIn are we here talking about???  Wink


Absolutely right were still on the beginning of bitcoin era. Most people don't know what is bitcoin or a digit currency now a days. But it becoming the most uses as mode of payment by other people and that well accepted by merchants becoming popular in this present years.

Bitcoin is probably geared toward the younger generations. Computers, the internet, and emails were always harder to learn for the older generations but the younger people grew up with these technological advances so they were used to it from a young age. The same is happening with Bitcoin and other cryptocurrencies. The younger generation will be more used to it and will understand better than older generations. It's going to take time for Bitcoin to catch on but it will happen gradually. At some point, Bitcoin will be as well known as smartphones.
As your said, Bitcoin needs to wait much time to more popular, it can not grow in a short time as few years and become famous or common like Dollar or FIAT soon. Therefore, when you invest into Bitcoin for long term, you should to have a see long time as 10-20 years for receive the best profits.
sr. member
Activity: 1484
Merit: 254
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...

even in our place bitcoin is not yet known. only the students and small number of people know about it. those people who knew about bit coin are the person who are member of it. the people who are earning from it and those people who know how to manage an account in it.
The main factor is because bitcoin is banned in almost all countries so few people are interested in bitcoin, few people especially students are curious about new things and after getting to know they try to get free, after proven profitable course dare to invest.
sr. member
Activity: 812
Merit: 262
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...
Yes because bitcoin is not expose to those kind of people. Only people who have lot of time to find or search about it. Bitcoin also doesnt legalized and still it cant be traced and i think that is also the reason why some doesnt know what bitcoin is. Maybe if they used technology more and read some article about bitcoin they will find it out and can have some knowledge about it.
member
Activity: 176
Merit: 10
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...

even in our place bitcoin is not yet known. only the students and small number of people know about it. those people who knew about bit coin are the person who are member of it. the people who are earning from it and those people who know how to manage an account in it.
full member
Activity: 308
Merit: 108
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...
Yes, and we have to accept that. We need to share to people what bitcoin is all about and we, who are already users, can find ways how to convince people to use some. I believe time will come everyone will know about this cryptocurrency and we will make bitcoin popular that we can buy or shop using bitcoins, and I believe that is not bad for the people.
sr. member
Activity: 1078
Merit: 250
We are not yet in bitcoin application stage globally. And it's true, maybe only about 0.1% of people who really know and use bitcoin. This would be an opportunity for us who had already jumped. While we wait bitcoin known to many people in the world with fantastic value at that time.
hero member
Activity: 1008
Merit: 537
We still in the first stage that is growing with a limited group of people around it, i dont believe we are 5% from total people around the world, this is the number i believe knows or heard about bitcoin, since not all had invested or considering to make it, unless they country legalize it. Its pretty clear bitcoin has potencial to keep collecint more and more value over time, and Japan legalized price has boom, now imagine the rest of the world join bitcoin, it would push bitcoin into 50k-100k within months.

Yes true I think.Since bitcoin is the digital currency. It needs some more time to reach the 50% of people. Once if the bitcoin is Replaced the dollar means, it will be know by all of the People in this world.But I think bitcoin will reach the maximum value of 6500$.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
I think it is really good that most of the people don't know what is bitcoin. This means that we are among the 1% (not sure about the percentage) of people that have known bitcoin sooner. That time when all of people know what is bitcoin and need that for their life, the price will be much higher than today. So we will be rich.


Totally agree with this, just imagine if bitcoin spread out through out the world. People would panic and would want to learn how to earn BTC, the competition on earning bitcoin would be too high. The tendency is, earning through bitcoin would be lesser.
If this happens I think it is more useful in the future, its true that the competition on earning would be high but there will also come new opportunities like more local stores will accept bitcoins because the more users of bitcoin will tend to make its price stable rather than what is happening now. And also more online stores or e-commerce that would be based on bitcoin and will need professional in the filed of IT.
full member
Activity: 266
Merit: 100
It is lucky for us that we know bitcoin sooner than the others because of you think of holding bitcoin right now we have the edge to earn more on it than the others due to its rising price. Let us just hope that someone will try to regulate the bitcoin will not happen because it might cause to slow down the rising price of bitcoin or even going down just like in stocks.
full member
Activity: 434
Merit: 103
Bitcoin is still a very small niche market despite how much it has grown in the last years. It is both quite frightening and very encouraging to think of it in that way because it shows how much more potential there is for bitcoin to grow in the future.
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