Topic: Most people dont even know what this is yet. - page 29. (Read 13573 times)
Yes, I believe that a lot of people don't know about Bitcoin yet. Upon hearing the term "Bitcoin", most people would react confused because they haven't heard about it before. I've seen an increase in bitcoin users but I believe that most people still don't know about it. In my community, Bitcoin is still unfamiliar to most and the establishments present do not accept it yet as a payment system. Even most of my family and friends don't know about it, except for the select few whom I shared my knowledge with.
Considering people around me, I agree on that. Most people don't even know it. And I'm working in the technology world, computer engineer. A lot of curious people but not knowing what is that actually.
It is strange that people in the technology world are not that aware of Bitcoin. It is maybe because they work in silos. Otherwise people would have come across Bitcoin one way or another.
I think there must be some people who do not really know about bitcoin. Let alone people who do not understand more about bitcoin technology is a virtual currency that uses technology as a way to transact. This is what some people still do not dare to use bitcoin as a transaction tool. The price of the unstable bitcoin may even be one reason. This makes the shop that sells its wares do not want to use bitcoin as a means of transaction. Especially among parents who are more than they are not so interested in using technological means to transact. They are more interested in transacting real, ie using fiat as a means of transaction. This needs a long realization.
There is no doubt in this that older generation has still majority of those people who belong to old school of thought. They will not easily trust bitcoins and promote them. For them all that is unseen is fake. According to them, bitcoins can be hacked any time leaving them ruined. I hope they will soon realize the real power of bitcoins. Yes and when I told my parents about bitcoins they were not at all interested in knowing more about bitcoins or investing their money in it as they have a fear of loosing money and they are the people who are even scared of using debit/credit cards for shopping as they feel that their bank account will get hacked so its really hard to convince them to use bitcoins.
The percentage of the people who are well aware of the benefits of owning bitcoin or the businesses accepting it may seem low at present but it has grown for sure and the growth has been consistent and that's what matters the most. The era of cryptocurrencies has just begun and it will continue to grow for many more years to come and that's a fact almost everyone of us will agree with so wait a little more and even the people who have either little or no knowledge of bitcoin will be adopting and using it in their day to day life more frequently than we do it now.
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. Even bitcoin has been already widely use in the worldwide basis, there still instances that when you ask someone about bitcoin cryptocurrency, there are still answers that they do not know that there is an existing cryptocurrency type which is bitcoin in our era. This only shows that bitcoin is still not that widely spread, legalize and used by all the people in different countries maybe because there is no information gathered to let them know that this thing do really exists and starting to be beneficial to everyone 
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. 
I think there must be some people who do not really know about bitcoin. Let alone people who do not understand more about bitcoin technology is a virtual currency that uses technology as a way to transact. This is what some people still do not dare to use bitcoin as a transaction tool. The price of the unstable bitcoin may even be one reason. This makes the shop that sells its wares do not want to use bitcoin as a means of transaction. Especially among parents who are more than they are not so interested in using technological means to transact. They are more interested in transacting real, ie using fiat as a means of transaction. This needs a long realization.
There is no doubt in this that older generation has still majority of those people who belong to old school of thought. They will not easily trust bitcoins and promote them. For them all that is unseen is fake. According to them, bitcoins can be hacked any time leaving them ruined. I hope they will soon realize the real power of bitcoins. 
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...
Exactly. I'd like to think that fiat currencies have essentially maxed out their potential, and bitcoin has just barely begun.
This is why i believe in bitcoin in the long term, people still don't know about this apart from a very very small percentage elite. Bitcoin has the potential in future to be widely adopted because of the fact that when fiat currencies collapse(which is imminent), everyone will be looking for an alternative.
And by simple math and economics you can tell that when more people use btc, demand rises. Supply will stay around the same due to halving. And that will mean bitcoin price will go up.
Yeah that's true most people doesn't know Bitcoin yet so this is our chance to get lots of Bitcoin because once every one used Bitcoin it willl become in demad and we have a limited supply of Bitcoin only so the price will surely go up.
yes that is true but i think bitcoin is now becoming more popular with the passage of time.
Yeah that's true most people doesn't know Bitcoin yet so this is our chance to get lots of Bitcoin because once every one used Bitcoin it willl become in demad and we have a limited supply of Bitcoin only so the price will surely go up.
yes that is true but i think bitcoin is now becoming more popular with the passage of time.For now i was thinking if amazon will accept bitcoin as payment i think bitcoin will be more popular and more price will be increased..
Yeah that's true most people doesn't know Bitcoin yet so this is our chance to get lots of Bitcoin because once every one used Bitcoin it willl become in demad and we have a limited supply of Bitcoin only so the price will surely go up.
yes that is true but i think bitcoin is now becoming more popular with the passage of time. in fact the users of bitcoin are continuously increasing which is making bitcoin more popular and people are showing more interest in bitcoin to invest their money there.which is in fact increasing the popularity of bitcoin.
Over here, I think those who are involved are even doing in with high level of secrecy not allowing anyone else to know but quite a number of people I know have heard about bitcoin but using it, they believe its going to be a serious task and because there are no stores that accept which could even give it more popularity then there is no need. The investing part comes with a lot of risk of losing which a lot of time won't want to take as well.
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 I'll do the same thing here in my place no one recognizes bitcoin. It's a community that only depends with fiat and they don't even do online transactions or payments through PayPal. There are some friend of mine that I didn't know they are also in bitcoins, well we feel sorry for them that they didn't know bitcoin yet.
Yeah that's true most people doesn't know Bitcoin yet so this is our chance to get lots of Bitcoin because once every one used Bitcoin it willl become in demand and we have a limited supply of Bitcoin only so the price will surely go up.
Considering people around me, I agree on that. Most people don't even know it. And I'm working in the technology world, computer engineer. A lot of curious people but not knowing what is that actually.
It is strange that people in the technology world are not that aware of Bitcoin. It is maybe because they work in silos. Otherwise people would have come across Bitcoin one way or another.
It's getting more and more mainstream each and everyday. Especially with people like Floyd Mayweather promoting stox and crypto.
Years ago credit cards were not quite widespread and most people prefered cash. The same with btc, it just needs some time to gain ground.
In the Netherlands people seem to become quit aware of Bitcoin´s existence since it gets covered in the news pretty often. Unfortunately the news also often points out warnings about bubble signs, making people reluctant to do further research.
Well, it is the EU after all, the governments won't want to give up their power over their citizens and so they're going to do as much as possible to maintain the power structure. If they let their citizens start to get interested and invested in Bitcoin, there would be a shift away from the attempted EU conglomerate economy, and this would result in the lessening of power in a socialist, pre-authoritarian state. That's something they can't have to maintain the hierarchy as they have it developed now.You're likely not going to get anything positive about Bitcoin in the news. Even if it grows stronger and becomes a major economic tool, it will be classed as something not for the average person, too expensive, all kinds of BS built to dissuade people from getting involved.
In the Netherlands people seem to become quit aware of Bitcoin´s existence since it gets covered in the news pretty often. Unfortunately the news also often points out warnings about bubble signs, making people reluctant to do further research.
Considering people around me, I agree on that. Most people don't even know it. And I'm working in the technology world, computer engineer. A lot of curious people but not knowing what is that actually.
This is the reason we are first people know Bitcoin and have opportunity get rich if can keep our Bitcoin until it famous. I think the day Bitcoin famous and happening soon because this year have many breaking news talking about the growth of Bitcoin. Jump to: