Most people dont even know what this is yet. - page 16.

Sidas_Crew669

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Quote from: finzyoj on September 23, 2017, 04:16:23 AM

Quote from: radjie on September 20, 2017, 06:32:52 AM

Not many people know about bitcoin and very useful for bitcoin users including me, because we first know about the usefulness of this BTC and also its benefits so that if one day bitcoin is known all over the world then bitcoin price will increase and we will get more profit from it.

All people around the world will not be aware what bitcoin is including its usage and benefits without commercialize it on tv. But once they know about it they will make way to learn and earn from it also. Spreading the word about bitcoin for family and friends is helpful for them to know and learn, have income, and invest in bitcoin as time comes.

One thing that can help bitcoin become the largest and most widely used digital currency by everyone is to provide as much information as possible to everyone. Because if someone does not know something it will definitely ignore it, but the way you say about providing information about bitcoin to family or friends is slightly less provide higher benefits. Because I'm sure most of our family and friends will think differently or think that we are successful people and can be a place to find a solution to their economy.

KnightElite

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

That is one of the problem of the bitcoin, many people in our society is not yet aware to the bitcoin. It seems that we need to make a move to spread our knowledge for them to learn what is bitcoin.

nethan1btc

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Quote from: raven7886 on September 24, 2017, 02:50:21 AM

Quote from: bhabygrim on September 20, 2017, 12:47:33 PM

Quote from: Rozita on August 13, 2017, 05:34:44 PM

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.

I think it would be great if people who can invest big amount of money to bitcoin would know about bitcoin and it's potential. It would help bitcoin price to grow, which is good for those who started early in bitcoin. The more people who know about bitcoin the more investors bitcoin has. So, whether only few or many would know about it, I don't care as long as I'm earning.

Thanks for that perfect answer you gave Rozita.
The fact that bitcoin has gotten to this stage today is because we all know about it and what it has to offer and we decided to buy in at any cost. If we had not and no one bothered about it, it might still be hovering around $1 and probably most people would have just dumped the little they have now since there is no prospect and that is if anyone will even be ready to buy.

The more people get to know about bitcoin, the more the demand and the more the value increases, so Rozita may need to have a rethink on that statement.

Many people have discovered the bitcoin through social media,I wonder if it will show on tv so many people will know about it.Bitcoin is already popular all over the world,but still in each country there are few bitcoin enthusiast you will encounter.

arbelian

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

True most people don't even know about bitcoin and also if it exist or not. Some show curiousity about it but still they do not believe in it they only think that this is a scam. It is hard to tell people about bitcoin because they just ignore the introduction to it. Well time will come that they will knew it and would regret that they ignore it.

raven7886

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Quote from: bhabygrim on September 20, 2017, 12:47:33 PM

Quote from: Rozita on August 13, 2017, 05:34:44 PM

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.

I think it would be great if people who can invest big amount of money to bitcoin would know about bitcoin and it's potential. It would help bitcoin price to grow, which is good for those who started early in bitcoin. The more people who know about bitcoin the more investors bitcoin has. So, whether only few or many would know about it, I don't care as long as I'm earning.

Thanks for that perfect answer you gave Rozita.
The fact that bitcoin has gotten to this stage today is because we all know about it and what it has to offer and we decided to buy in at any cost. If we had not and no one bothered about it, it might still be hovering around $1 and probably most people would have just dumped the little they have now since there is no prospect and that is if anyone will even be ready to buy.

The more people get to know about bitcoin, the more the demand and the more the value increases, so Rozita may need to have a rethink on that statement.

seraph_the_wise

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Although many people "know of it", since its been in the media for good and bad reasons alike, they are not really aware of how disruptive it is. They have heard of this newfangled "digital money", they have the concept in their heads, but not yet grasp how it works at even a superficial level, nor the profound changes it will bring to our economic system. How it will change ownership, trust, bank relations, citizen-state relations, privacy, cross-border transactions, etc. On the business side, things are even worse, as entrenched business are very risk averse and don't want to lose control or revenue.
Its changing, but it takes time. And its going to be up to us, to bring more people on board, one pitch at the time.

Kotone

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

Of clurse even if bitcoin is more rampant now than before there are still a considerable amount of people that doesnt know or who still doesnt realize what the power of bitcoin can do to their lives and in their business. Most people are now hust starting and its up to us to further it.

Vinaa77

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

indeed bitcoin not so well known in store shop payments. only certain stores accept bills with bitcoins. it is very rarely found in Indonesia my country

uztre29

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Yes, just wait. Bitcoin is still on its infancy stage. It is still developing. Do not worry. Its popularity is increasing. Individuals getting to know Bitcoin are increasing. Businesses and companies accepting Bitcoin as a payment are increasing. It just needs time. I believe someday Bitcoin will be known worldwide.

matuson

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Quote from: wolfgang56 on September 23, 2017, 05:23:04 AM

Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

The sad reality about bitcoin is this yet some people wants to make it legalize already. How can you make a thing to be legal if it is not yet that popular? I think people should teach people how things work on bitcoin in that case people will recognize bitcoin.

This situation will continue for a very long time. All users of bitcoin keep their savings and hope to earn on the price increase. From sellers there is simply no demand for the purchase of goods with bitcoin. There is no demand there will be offers. We need to change the approach to the use of bitcoins.

Spontebob

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

I'm not surprised anymore about this matter because I know that it is just normal that not everyone is aware on what bitcoin is. The thing is that bitcoin is not yet legalized all over the world so don't expect that everyone you'll meet on the way has an idea about bitcoin. Maybe they will say that they have heard it but haven't tried it yet. This thing is one of the issue that makes us wonder how come people don't have any idea about bitcoin in their life yet.

wolfgang56

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

The sad reality about bitcoin is this yet some people wants to make it legalize already. How can you make a thing to be legal if it is not yet that popular? I think people should teach people how things work on bitcoin in that case people will recognize bitcoin.

Kim Domingo

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

Well that is a sad reality but it is really true. There are still lots of people who do not know yet about bitcoin cryptocurrency just like here in my country because the information about it is not widely spread also the bitcoin usage is not that observable because only minimal number of people have been using and knowing it since then. The reason why people still do not know it is because they do not evenly feel its existence due to the fact that there is no direct impact happening to them related to bitcoin usage. But sooner or later when they do know bitcoin well, those stores and people you have asked will surely know bitcoin.

bentong talong

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

I think most of the people as of today are aware that bitcoin exist but still some of them are unaware of what it's purpose and process is. They are unaware of the oppurtunity they may attain if ever they will get the chance to know bitcoin more. They think that it's just a simple cryptocurrency which is just normal but I'm pretty sure they will be surprised if they will understand and know the value of bitcoin. This can more probably change their life.

Ajinomoto40

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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 though bitcoin is insanely famous nowadays, you still can not disregard the fact that some of the people don't know it yet. Considering the fact that it is not yet legalized throughout the whole world, it simply means that not everyone knows it yet. There's a large possibility that they've one heard it but to the point that they researched about it, I don't think so. But still I know somewhere someday bitcoin will be known by bitcoin.

coynedterm

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Quote from: mikegosu on September 23, 2017, 04:40:44 AM

Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

i agree most of the people dont know what bitcoin is. few people have heard about it most of them are teenagers or business minded or ivestors. some will know or learn about when their friend told them or saw in the advertisements.
oething bitcoin is not easily adopted by goverment because they dont know what it is, thats why they didnt legalized it fast.

Yeah , true . Once i told about it to one of the shopkeeper in my city , since he asked me much about the bitcoin to accept as an payment but at last when i told him about the confirmation system then he got angry and said that what will happen if will not able to use in any bad circumstances of unconfirm transaction . And also he asked me about the legality , as i was saying true Everything , so he saud that he will not accept Bitcoin as payment until it will legalise fully in the country because he was aftraid that what will happen if the money that he has get useless after ban like things.
So here i think a main factor by the government also , who is not clear toward any clear decision of the bitcoin ( in most of the countries ) .

mikegosu

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Quote from: SmallCapCoins on August 13, 2017, 04:58:49 PM

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...

i agree most of the people dont know what bitcoin is. few people have heard about it most of them are teenagers or business minded or ivestors. some will know or learn about when their friend told them or saw in the advertisements.
oething bitcoin is not easily adopted by goverment because they dont know what it is, thats why they didnt legalized it fast.

usmanov123

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Chikuntv

I slowly become this annoying person who talks about BTC all the time after watching Antonopoulos vids for a few days in a row. I feel like most plp will not understand it anyway (they just not interested in theory) and get used to it like using paper money and plastic cards.

Fatanut

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Well I do agree that most people don't even know what bitcoin is. Some might have heard about it, but not everyone is capable of learning things by their own. Some will just learn about bitcoin once it has become mainstream and there are tutorials out there that spoon feed everyone. I don't consider bitcoin to be a topic that should be learned by everyone. There are individuals that know about thermodynamics, philosophy, statistics, and so on.. but you don't see them expecting other people to know about it. It requires other bodies of knowledge and bitcoin is pretty much the same. Only thing is that bitcoin requires lesser knowledge that these stuffs.

fiulpro

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Well... The media is preety important... In all this stuff..
And... There is ... Generally no news about bitcoins...in the news right now so not a very large sector of community knows about it... Soon enough when the bitcoins will rise and the media will cover it.. People will come flocking to ask you about what it is and how it works... 😂

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