Most people dont even know what this is yet. - page 18.

Clover_Faith

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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...

Actually it's really good that all of people don't not know yet the bitcoin. If all people know what bitcoin is they all try to use bitcoin until the currency and the profit of bitcoin affect because of the user of bitcoin.

randythered

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Quote from: NewBet on September 20, 2017, 05:26:58 PM

There was a poll done recently, and most people involved in Bitcoin believe that by 202, still under 3% of the population will even own any Bitcoin at all.

Do you have any reference to this poll? Would be interesting to check it out. It's strange to think how popular bitcoin is already given that it is such a niche market, imagine if it really did go mainstream?

agentx44

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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...

You could really waste a lot of time finding people who accepts bitcoin as payment, why won't you hust exchange your bitcoins into real money so you could buy the things that you wanted. There are still many people who don't know about bitcoin because bitcoin is very invisible in some countries.

NewBet

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There was a poll done recently, and most people involved in Bitcoin believe that by 202, still under 3% of the population will even own any Bitcoin at all.

Lumining

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Quote from: EdenHazard on September 20, 2017, 01:56:27 PM

Quote from: taxmanmt5 on September 20, 2017, 12:31:45 PM

In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.

that is not the point, we are living in the world where internet have been the primary needs just like you need to eat. so i think in most places internet available already , the point are when even a classy full of technology store won't adopt a new big thing like bitcoin.

they could do it easily btw. just the matter of time to make them convinced and feel not fear using bitcoin with its volatility.

Amazob, Ebay etc will have to accept Bitcoin one day, and then the smaller stores will follow. Some german online shops for computer hardware accept Bitcoin already.

Lumining

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

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.

I think the big investors heard about Bitcoin already. The last will have heard of it lasdt week because of JP Morgan who was all over the world on the media because he made an interview over cryptos.
Bill Gates and other rich men also said that they believe in a huge rise in the future, so the big guys surely heard of it already.

EdenHazard

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Quote from: taxmanmt5 on September 20, 2017, 12:31:45 PM

In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.

that is not the point, we are living in the world where internet have been the primary needs just like you need to eat. so i think in most places internet available already , the point are when even a classy full of technology store won't adopt a new big thing like bitcoin.

they could do it easily btw. just the matter of time to make them convinced and feel not fear using bitcoin with its volatility.

bhabygrim

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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.

taxmanmt5

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In order to use bitcoins you need internet and not everyone uses internet . Most of people don't know how internet/computer works so maybe its the main reason why Most people don't even know what this is yet. For knowing or starting buying selling bitcoin, you need to have basic know how of the Internet so how will those people operate and use bitcoin who are totally uneducated.

julius caesar

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Quote from: ymirymir on August 13, 2017, 06:15:41 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.

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.

Yes it is true, we can be rich when the time comes that most of the people soon is part already of bitcoin and it may increase bitcoin's value, but for me it is not bad to share with those who is need since it doesnt need fee to create an account which is good , but a side of me dont feel like talking about bitcoin in a circle of my family cause different perspective comes in like its illegal, scam and shits me out,

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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...

Not all individual knows about bitcoin only people who can use gadgets can get what is bitcoin.

fishbonez11

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Just consider it a privilege to be amongst the first few who already knew about bitcoin. Yes, more people may mean higher bitcoin price, but it will also mean a tougher competition for everyone. You now have the opportunity to make yourself expert and profit more now ahead of ohers.

radjie

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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.

Sled

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Quote from: michellee on September 20, 2017, 06:11:15 AM

Quote from: Morgann on September 20, 2017, 01:25:03 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...

Because not all individual knows about bitcoin only few elders i think dont know how because not all elders knows how to use computer or smartphone.

the older people don't think about the technology like blockchain and they don't care what it is, as long as they can live with peace in the every day. but for people which is 40 years old until 60 years old, I think they have passion to know what is bitcoin and if we have opportunity to explain to them, I think we can teach them to know more about bitcoin.

Most of the people who doesn't care about the technology of bitcoin they are mostly old people because they have a mindset that it is so complicated for them so they will not catch it up and it is just for the millennials which is not true. If we have time and will then try to teach people specially the people who are old so they can have a part time source of income to support their needs like medicine for maintenance.

michellee

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Quote from: Morgann on September 20, 2017, 01:25:03 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...

Because not all individual knows about bitcoin only few elders i think dont know how because not all elders knows how to use computer or smartphone.

the older people don't think about the technology like blockchain and they don't care what it is, as long as they can live with peace in the every day. but for people which is 40 years old until 60 years old, I think they have passion to know what is bitcoin and if we have opportunity to explain to them, I think we can teach them to know more about bitcoin.

Nascor

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yeah, it's gonna take a while but people will eventually catch up with it. Integration is very low currently due to low adoption, but as the technology and solutions get better the more people will find it useful to transact via BTC

Freezingel

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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...

Yeah it's true, there's more people know bitcoin in developed country rather than developing country and the fact that there's still a lot of people who don't know bitcoin means that there's still a lot of room for development and the price to soar higher with more demand coming later on.

Mehedi72

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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...

Really? this is a very wondering matter. Well then i would like to share my knowledge about bitcoin to those people including my friends who does not know even a simple thing about bitcoin because i wouldn't mind if they learn about bitcoin, able to earn some money and able to help their family economically... Cheesy

Vegeta_Sama

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True indeed even people in my country barely know about Bitcoin.
I think the only reasonable answer to this is that there is no media coverage on Bitcoin.
I guess even the media doesn't know about it and they know why aren't they telling the public about it.

denny27

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As times passes i'm sure peoples will knowing more what bitcoin is, and what it's used for. Technology is growing and peoples are will be going to keep up with the times and will know more things including bitcoin which has now proven to be the driving force of our personal finances. In my country specifically in one of the cities there are even companies like restaurant that have already received payments through bitcoin, this proved bitcoin was popular and perhaps even more popular in the future and will be more known by many peoples.

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