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Topic: Most people dont even know what this is yet. - page 25. (Read 13513 times)

full member
Activity: 266
Merit: 122
The popularity of bitcoin is not wide as of this time most of the people does not aware of crypto currency I think that's the reason why bitcoin value is not that high and just starting to appreciate because it depends on the demand of people
sr. member
Activity: 700
Merit: 251
there is still few people know about bitcoin even in big city which have good technology and good internet connection. maybe they don't really know about what is new technology so they are not searching. there are many online store is not trying yet to accepting bitcoin as payment but the others store online is started to accepting bitcoin.

Bitcoin can draw attention of people only if it starts getting accepted at physical shops, malls or restaurants as the percentage of people who goes for offline shopping are higher in compare to that of online shopping so if people will come across that bitcoin is accepted as a mode of payment then will start to research about bitcoins and it will also create an awareness level in them.
Your point is valid but its need some hard work to convey peoples about this and its not stable just because of this most of shopkeepers not want to accept this if its came some stable then we can hope we have too many shops and other shopping places where peoples will enjoy with use of this bitcoins
hero member
Activity: 938
Merit: 500
there is still few people know about bitcoin even in big city which have good technology and good internet connection. maybe they don't really know about what is new technology so they are not searching. there are many online store is not trying yet to accepting bitcoin as payment but the others store online is started to accepting bitcoin.

Bitcoin can draw attention of people only if it starts getting accepted at physical shops, malls or restaurants as the percentage of people who goes for offline shopping are higher in compare to that of online shopping so if people will come across that bitcoin is accepted as a mode of payment then will start to research about bitcoins and it will also create an awareness level in them.
sr. member
Activity: 644
Merit: 250
Yes. Because how would they know if the people around them and also teacher wouln't know about this. They are lack of informations and ideas.
I think there is a lack of advertisement. As bitcoin is decentralized asset. Nobody care about making it more famous or putting any effort at high scale to advertise it. This restrains the growth as nobody is going to know about it naturally. Most of the people aren't even aware of it existence. This trend can only change if there is some large scale campaign to make Bitcoin popular. Might we in this forum can try something in that direction.
hero member
Activity: 2912
Merit: 541
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there is still few people know about bitcoin even in big city which have good technology and good internet connection. maybe they don't really know about what is new technology so they are not searching. there are many online store is not trying yet to accepting bitcoin as payment but the others store online is started to accepting bitcoin.
member
Activity: 115
Merit: 10
Yes. Because how would they know if the people around them and also teacher wouln't know about this. They are lack of informations and ideas.
hero member
Activity: 840
Merit: 516
Bitcoin around the world, that's right. Bitcoin in the community, I do not think so. Actually there are still many people who do not know and understand using bitcoin. As for the store or restouran way of payment using bitcoin only in certain cities, and even not much. For me personally hope bitcoin can be more popular again, and there will be many stores that way of payment using bitcoin, because it will facilitate payment of bitcoin users.
Every new innovation needs time to be accepted widely by people. Bitcoins have best technology so far and are successful in attracting big traders and markets. With time, their popularity will increase pushing their common use. We just need to be little patient to witness all this.
Many restaurants and other famous business have started accepting bitcoins but this is not very common yet. With time, bitcoins as a payment mode will become popular. It’s cool and your good luck if you can easily cash out your bitcoins and enjoying buying your favorite things.
full member
Activity: 200
Merit: 100
Yes, now a lot of people do not know about bitcoin, despite the fact that most have Internet. You need to tell as much as possible about it to all your friends and acquaintances.
sr. member
Activity: 882
Merit: 297
It is true that currently only a few countries have legalized bitcoin, and not all people are willing to trade using bitcoins, perhaps by the time they are willing to accept payments using bitcoin and must have a big influence in the real world that first recognizes paper currency

It will take a long time before that changes dude. People will always first recognize the currency they've known all their lives. Bitcoin is a revolutionary way of doing transactions and as with all revolutions that precede change, it's not going to be overnight that everyone will recognize it.

What you are saying is true and even it will be more soon recognized if it gets legalized as most of the traders are not accepting bitcoin as it is not legalized and tax status is pending. Once it gets legal status then you can see the growth of bitcoin very fast.
hero member
Activity: 1246
Merit: 529
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It is true that currently only a few countries have legalized bitcoin, and not all people are willing to trade using bitcoins, perhaps by the time they are willing to accept payments using bitcoin and must have a big influence in the real world that first recognizes paper currency

It will take a long time before that changes dude. People will always first recognize the currency they've known all their lives. Bitcoin is a revolutionary way of doing transactions and as with all revolutions that precede change, it's not going to be overnight that everyone will recognize it.
full member
Activity: 177
Merit: 100
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.

Therefore we should start earning bitcoin right now so that we will become rich in the near future. I believe that someday bitcoin has been accepted by local areas because I believe that in a digital country we need a digital money and If that so bitcoin will become a necessities of people.
its not that easy as you think earning bitcoin is still working hard as you could, it is not like just you are only playing around or tricking some children to earn money. well it is also nice and one of the advantage that even if we are not an early adopters we have been working for a while and we know how is it done, compared to other people that doesn't give care to opportunities and just sticking to what they commonly known.
sr. member
Activity: 280
Merit: 250
It is true that currently only a few countries have legalized bitcoin, and not all people are willing to trade using bitcoins, perhaps by the time they are willing to accept payments using bitcoin and must have a big influence in the real world that first recognizes paper currency
full member
Activity: 420
Merit: 100
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.

Therefore we should start earning bitcoin right now so that we will become rich in the near future. I believe that someday bitcoin has been accepted by local areas because I believe that in a digital country we need a digital money and If that so bitcoin will become a necessities of people.
sr. member
Activity: 448
Merit: 251
Yeah right! Most people don't know this yet, even in public store's and market, are not accepting bitcoin as payment, since there are only few people have broad knowledge on it.. they tend to invest because this might be our money in the future.. and we all agreed that it is not yet recognized by everybody.. investors are craving to collect bitcoins, for they know that the value will rose up higher and higher in upcoming years..
I agree with you. In my local area, there is no store or shop that accept bitcoin. Most of the people know about bitcoin but only a few of them truly invest their money in it. And investors are the one who put most of their money in bitcoin. Many bitcoiners only care about the profit they have and they sell all of their bitcoin whenever they have a chance
full member
Activity: 196
Merit: 100
Yeah right! Most people don't know this yet, even in public store's and market, are not accepting bitcoin as payment, since there are only few people have broad knowledge on it.. they tend to invest because this might be our money in the future.. and we all agreed that it is not yet recognized by everybody.. investors are craving to collect bitcoins, for they know that the value will rose up higher and higher in upcoming years..
sr. member
Activity: 1162
Merit: 251
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 it is not yet legal to most of the countries. And the legalization will be the way for the retailers to recognize what Bitcoin is. Or if it will be demanded by their customers. That's the advocacy of Bitcoin, which is to ebcourage more people, organizations and companies to invest, use and be one of the Bitcoin community to make its demand higher. If we will be able to encourage more people, it will be more popular to the market.
I think without legalization bitcoin will still spread to all corners of the world. But its spread is not massive or slow I admit that there are still many people who don't know about bitcoin. But it is a natural thing because bitcoin is still young. but over time. people will start to recognize bitcoin because bitcoin spreads
sr. member
Activity: 658
Merit: 256
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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's why we need to encourage more people into Bitcoin. If more people will be awared om the advantages of Bitcoin and how profitable it is, its demand will increase. And in the line with that, it will be recognized by the locals, retailers, companies and the likes that will lead for Bitcoin to be accepted as a currency once proven that it is potent enough.
copper member
Activity: 1330
Merit: 899
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There are 8 billion people living day after day and working hard outside of the internet in the real world and only less than a billion other people are active internet browsers, from this 1 billion people only half truly need something like Bitcoin, a decentralized currency and half of them yet are unaware of it for now, there are currently less than 100 million people engaged and invested in crypto and yet look at the prices, they're skyrocketing.
Indeed when the number of people involved doubles we will see huge increases in all the crypto prices, buy before it's too late should we write on paper and hold in front of cameras.lol
newbie
Activity: 46
Merit: 0
Full adoption can take 5-10 more years. But people still use it to transfer funds easily and quickly. There is continuous money flowing in from investors as well, adoption will happen. Technology only gets better over the years. bitcoin is still a new thing to many, it will be amazing to see how it evolves from here on as this year it got the most publicity and hype. Also the entire market cap is still undervalued by a ton.
hero member
Activity: 798
Merit: 500
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.
Indeed , it its actually true that the support of people is can consider as one of the vital part for Bitcoin development. So if people are going to be a part of Bitcoin in a form of having transactions, investment and trading could result a good effect on Bitcoin development and progress. Just imagine all people dealing with the same form of transaction and having a universal crypto-currency that can be used in transaction wherever and whenever. So it is a good thing to consider adverting Bitcoin to other people for them to experience the system of Bitcoin in terms of faster transactions.
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