Topic: Most people dont even know what this is yet. - page 2. (Read 13571 times)
Yes it is true bitcoin is internet connected currency that’s why many people are even don’t know this currency. Bitcoin is digital currency and most of the people are illiterate so it is very hard for them to use and to earn bitcoin. But it is now become influencing people life it provide them money apart from job holders it is facilitating people life.
I also think that there are a few of people who know bitcoin.I also think the the amount of the number who know about bitcoin is just 1-2%.So we are the beginners of btc.I feel that people should know about bitcoin.So it's just the matter of time for bitcoin to become popular in every country
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 barely agree with it. Most of the people don't have any idea about bitcoin. Some may hear it but they're not interested. If they'll just know the value of it maybe most of them will focus on getting rich through it.
because when people say investment the what people think first is stocks forex they are only familiar with that kind of investment and they fear to try something new so keep away from such thing like bitcoin to avoid risk not knowingly they are missing a lot of things when they are not checking it why don't they read or search about it like trying to read the whitepaper satoshi had make, it will be the same sh!t that will happen when people said that the internet idea is a joke way back 1995 now everybody is using the internet and they missed a lot of opportunity like when google and facebook is very cheap when you don't want to risk you will not gain something
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 most of people dont even know it yet because bitcoin is not really familiar and in my point of view it is okay for me because we are few and we can earn alot of money because we are few so that we can get rich if we work hard here in this site.
Yeah, Bitcoin will become the premium way for people to pay online because feasibility and many other advantages, all people want to make more money for their family, price will increase people will more rich
Except nobody is using bitcoin to pay for stuff online. The vast majority of bitcoin is held as a speculative investment. There is an investment thesis that bitcoin will increase in value because it will become indispensable to future commerce, and it in no way is playing out that way. Bitcoin has become a hype machine, and the higher it climbs, the more the hype builds. People see new highs as validation that they're investing geniuses for recognizing this trend, when in fact, they're just piling on a bandwagon with little economic regard for the consequences or thoughts of utility. And the issue of utility is an important one, because without it, bitcoin is a bubble. When momentum runs out, the bubble bursts. So the best thing for bitcoin would be people using it as a currency and not a speculation vehicle, and in order for that to happen, it has to stop being so volatile, which is what has drawn so many people into it in the first place. It's a Catch-22.
Perhaps they have not updated the technology information as we do. Aside from asking you about Bitcoin, they will not know many other payment methods because it is not popular and not used much in them. So, Bitcoin is still very strange to many people, especially those who are not affected by it and do not want to be affected.
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 same %age is everywhere in the different parts of the world which is maybe good for us who have started using this platform and bitcoins before the large %age of people come to know. As it could be profitable for us in the future as the price of bitcoin will eventually rise with the demand . Then at that time even the trading would become more easier for us as we would already be having some bitcoins and we could use them in daily use in the stores.
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 with this, and I think that most people in our society needs to know about bitcoins. We must encourage them to learn and lately use bitcoins. Because it can really be a good help. It may not be enough to end poverty but its can be a tool to help them sustain a good living.
Truth, many people don't know about bitcoin. If a survey regarding bitcoin will be conducted, let's say 100 respondents maybe only 5 of them or less has knowledge about bitcoin. Lucky for those who knows about it because they will have a chance to earn more money and improve their life. And i am happy that i am one of them.
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...
Yah I also experienced that. When I share my information about bitcoin to my professor in research, he didn't have a information about bitcoin. Also my classmates are have lack information about bitcoin. It seems that bitcoin is still not popular.
Being amongst the first who knew bitcoin is actually an advantage. That means you can make the most investing and earning building up what you have.
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 for now there's only few people who knows about bitcoin. And when the time people discover about bitcoin there will be a positive and negative consequences like if they found out about this the volume in cryptocommnunity will increase and can cause a higher demand while the negative is it will be tough for us join in signature and bounty campaign in this forum since it will be crowded. here too, many people join forum but to little people that know what is bitcoin.
no matter how much people know or dont know, some day they will know what is bitcoin
no matter how much people know or dont know, some day they will know what is bitcoin
In my opinion i think that they already know about bitcoins and also how much the value of it but they do not really know how to earn it. Maybe if everyone know's how this forum works then everyone will focus on earning bitcoins and reduce the employment rate of country.
Yeah, Bitcoin will become the premium way for people to pay online because feasibility and many other advantages, all people want to make more money for their family, price will increase people will more rich
Except nobody is using bitcoin to pay for stuff online. The vast majority of bitcoin is held as a speculative investment. There is an investment thesis that bitcoin will increase in value because it will become indispensable to future commerce, and it in no way is playing out that way. Bitcoin has become a hype machine, and the higher it climbs, the more the hype builds. People see new highs as validation that they're investing geniuses for recognizing this trend, when in fact, they're just piling on a bandwagon with little economic regard for the consequences or thoughts of utility. And the issue of utility is an important one, because without it, bitcoin is a bubble. When momentum runs out, the bubble bursts. So the best thing for bitcoin would be people using it as a currency and not a speculation vehicle, and in order for that to happen, it has to stop being so volatile, which is what has drawn so many people into it in the first place. It's a Catch-22.
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...
Maybe because there is till people who live under poverty who doesn't even know what is cryptocurrency. As a third world country here in my country we have so many poor people and mostly the upper class only knows what is bitcoin because poor people will not think about bitcoin anynore if they barely eat 3 meals a day so that is why here in my country bitcoin is not yet that popular but I hope they will learn about it soon that will might help them to leave living under poverty.I think we should all understand that this Bitcoin revolution will take some time for all to understand and comprehend fully and so the merchants will follow when we get there. We have a lot to do in reaching out to the untold in our respective communities.
Indeed, to achieve the full functionality of bitcoin and can be used by everyone will definitely take a relatively long time due to the fact that currently there may be few bitcoin user users in the world, but if the growth of adoption is done by each country will surely speed up the progress of bitcoin. so no more people who do not know bitcoin.
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...
Maybe because there is till people who live under poverty who doesn't even know what is cryptocurrency. As a third world country here in my country we have so many poor people and mostly the upper class only knows what is bitcoin because poor people will not think about bitcoin anynore if they barely eat 3 meals a day so that is why here in my country bitcoin is not yet that popular but I hope they will learn about it soon that will might help them to leave living under poverty.I think we should all understand that this Bitcoin revolution will take some time for all to understand and comprehend fully and so the merchants will follow when we get there. We have a lot to do in reaching out to the untold in our respective communities.
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...
It is because everyone will not believe BTC just because they can't even hold or even see that crypto thing. I can't blame them for not believing in BTC and consider it as a scam because I am also one of those person who did not believe easily in BTC but after listening with my friends and reading in this forum it makes me realized that i was wrong for not relieving what BTC can do to us.
I agree with you because it is actually very unkown in my country a few people know about bitcoin and the most of them don't believ in bitcoin or don't know how to start with it.
Agreed. They don't believe because it involves money. People in my country are all traumatized of scamming due to different incident they see on television.
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