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Topic: Most people dont even know what this is yet. - page 26. (Read 13573 times)

sr. member
Activity: 530
Merit: 250
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You are right about that! 99% of people have no idea what Bitcoin is and yet it is already worth $4,000+ just imagine in a few years it will be a fortune!
sr. member
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
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 the number one thing to do as a Bitcoin user, to share what is Bitcoin but there are some people saying that they don't like to share knowledge about Bitcoin because their profit might lessen. They dont know that it is very important to share their knowledge about bitcoin to everyone, it can make it widely known and accepted.
sr. member
Activity: 496
Merit: 250
Ceck me in livestream twith
that give you reason for investments in btc when 20/30% off worlds people used btc the valore will bee very high maybe 20k/30k
soo for sure btc not die veey soon so go investing in btc
sr. member
Activity: 644
Merit: 250
If we go by statistics provided by many institutions, then only some millions know about Bitcoin or in general cryptocurrencies. That account for less than 1% of world's population(7 billion). so, I would say not most rather almost everyone don't have any idea about Bitcoin or are confused about it. So, if you know about Bitcoin and are investing in it. Then you can officially say you are one of million. There is lack in advertising effort. Even where Bitcoin has been legalized, people don't have any idea about it. I have friends in Japan and they know nothing about Bitcoin. This is still an initial phase. There is long to go.
full member
Activity: 126
Merit: 100
You should be glad that they don't know it yet. Just save your bitcoins until they all do, after that, welcome to the rich club.  Grin
newbie
Activity: 7
Merit: 0
The more people know bitcoin the better for people who had already or are into bitcoin,  although just people knew about it and gladly I am enjoying every bit of working and earning via bitcoin I am very sure as more people join this world of cryptocurrencies  there is so much opportunities that is going to opened up for we that are already into it.
Bitcoain is a smart solution to help the economy for us. I'm sure the development is very good because if everyone understands about bitcoin and knows it will be interested and try to learn it in order to help its economy.
sr. member
Activity: 490
Merit: 262
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This is one of the reasons why investing in bitcoin is not yet too late. Just imagine when it is in the peak of its popularity and then many people will buy bitcoin and its price will go high. We are very lucky to know about bitcoin today.

Right, it will be a great advantage to start now in learning what is bitcoin and more importantly earning it. Many people still don't know what bitcoin is and if mor people will invest in the future, bitcoin's price will get higher and higher eventually.  Many people ignored bitcoin when its price was at its lowest and it had been a big mistake for them. To be honest, I wish I have known bitcioin much earlier because with its price now, it is hard for me to invest.
newbie
Activity: 24
Merit: 0
Where have you done this?
full member
Activity: 686
Merit: 107
This is one of the reasons why investing in bitcoin is not yet too late. Just imagine when it is in the peak of its popularity and then many people will buy bitcoin and its price will go high. We are very lucky to know about bitcoin today.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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.
Sooner it will be a trend,it just needs some adoption by the big companies like malls, restaurants . Once it implemented ,people will get curious and might try it. So for now let's do our best to have more of it until it will be too hard to have some for it will be too expensive .
full member
Activity: 287
Merit: 102
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.
hero member
Activity: 770
Merit: 500
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...
This really means that there are lot of people that have not yet about bitcoin maybe there are times that they only heard it but they didn't hesitate to ask what it is. They just ignored bitcoin as well as ignoring the opportunities to earn bitcoin for their future. I'm glad that I was one of early people that already know about bitcoin and bitcoiner's that already earn some bitcoins, it's like a blessing for me.
People will hardly accept accept bitcoin in local stores, so what you have to do is use your Bitcoin debit card, if you have one. The only stores that can easily accept bitcoin is online stores, but if you go around expecting local stores to do that, then you’re wasting time.
I do agree with you. RIght now, there are not many stores that accept bitcoin and finding these kinds of store will waste your time. And I do not think that bitcoin debit card can do that. I usually cash out my bitcoin whenever I want to buy something. It is very fast since I know reliable seller
sr. member
Activity: 2660
Merit: 339
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...
This really means that there are lot of people that have not yet about bitcoin maybe there are times that they only heard it but they didn't hesitate to ask what it is. They just ignored bitcoin as well as ignoring the opportunities to earn bitcoin for their future. I'm glad that I was one of early people that already know about bitcoin and bitcoiner's that already earn some bitcoins, it's like a blessing for me.
People will hardly accept accept bitcoin in local stores, so what you have to do is use your Bitcoin debit card, if you have one. The only stores that can easily accept bitcoin is online stores, but if you go around expecting local stores to do that, then you’re wasting time.
legendary
Activity: 1806
Merit: 1521
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.

It's not about that. With grey markets, there are always entrepreneurs who are willing to test the law in order to gain the first mover advantage. We've seen that in the cryptocurrency markets to a large extent. There are bitcoin/crypto services that offer service to all countries.

At this point, it's still a matter of gaining mainstream confidence. For years, governments and central banks have been discouraging people from investing in cryptocurrencies like Bitcoin. Only recently are we starting to see mainstream acceptance. And that's what the average joe wants to see -- mainstream acceptance.
full member
Activity: 377
Merit: 100
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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...
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.
legendary
Activity: 1806
Merit: 1521
The misinformation in our place is the culprit why it is not popular in our place. If it is done on the internet they will associate it in a pyramiding scam or ponzi scheme scam. In our place only if you are an internet geek , a social media enthusiast or investor most probably you know crypto currency.

Most governments and central banks have been pushing this line for years. A couple years ago, US Congressmen were calling for it to be banned. The European central bank warned the public against investing in cryptocurrencies like Bitcoin.

But now, things are changing. Even in the recent BTC-e indictment, the Department of Justice conceded that there are many legitimate uses for Bitcoin and cryptocurrencies in general. That type of concession would have been unheard of even 2-3 years ago. So I do think the narrative that we hear from governments is, and will be changing to a more positive tone emphasizing regulation.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Problem is that people only know these currencies: USD, Euro and national currency, no one looks around to see bitcoin. It needs time to become known, maybe 50 year will be enough to be bitcoin known for 80% of people. There isn't as great community on bitcoin as bitcointalk, there are really huge amount of people but that would be absolutely higher if people knew bitcoin. Everyone needs a little help when starts bitcoin and also there is no other more informative way to learn basics and pros than bitcointalk.
newbie
Activity: 54
Merit: 0
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...
Bitcoin is not yet legal in many countries so naturally if you still find people who do not know about bitcoin, bitcoin users are also mostly anonymous so before bitcoin is legal in many countries, then we would not be able to easily find stores that accept payments with bitcoins.

You hack accounts, and now you think you are a Bitcoin expert? Stop talking shit and give me my account back: https://bitcointalksearch.org/topic/i-got-the-account-back-bitcointalk-account-with-the-name-frost-stolen-2106900
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
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 it is true. Bitcoin cryptocurrency and even Alternate Cryptocurrency are still cannot be recognize by other people even these are already been widely used worldwide. Maybe because other places around the globe does not yet have an access to it so people living around the vicinity do not even know its existence. There are some cases that due to the reason that it is not yet legalize on a certain place that is why bitcoin usage is abundant and do not been even advertise to let people know that it was existing.
legendary
Activity: 938
Merit: 1002
yep in my country also they don't even know what is bitcoin. some companies online accepting bitcoin as a payment but they're not investing in bitcoin they 're just using bitcoin as a payment method.but look bitcoin is now popular now because forbes featured it when bitcoin price reach $4000 barrier that's awesome about news they can make a thing more popular.
This is really the truth. It surprises me a lot that in my state I see no one talking about Bitcoin. I seem to be the only one that knows about Bitcoin, because when I mention, people look confused, and ask questions about it, which I try to explain. But still at the end, they end up not being interested. Some of them even forget the name. Though some states in my country has large numbers of Bitcoin users, but there is none where I leave.
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