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Topic: Target Market of Bitcoin - page 21. (Read 3008 times)

newbie
Activity: 70
Merit: 0
April 07, 2018, 08:10:45 AM
Japan's new leader Bitcoin market
Regardless of all this, many experts expressed optimism towards Bitcoin. Some analysts, including Max Kaiser (head of RT's Keiser Repor) confirmed their short-term target price for Bitcoin. More importantly, Kaiser explained that the Japanese market is likely to overtake China in the coming months, as China continues to isolate itself from the global Bitcoin industry. Kaiser was accurate with his vision of the short-term Bitcoin trend. Most traders from China have already switched to the Japanese market Bitcoin exchanges, as predicted by Kaiser.
Today, Japan officially became the world's largest Bitcoin stock market, surpassing the United States by a staggering 50.8% stake in Bitcoin's global exchange market. At the same time, the volume of trading on the Chinese exchange market Bitcoin fell from 15 percent to 6.5 percent, despite the continuing operations of OKCoin and Huobi.
sr. member
Activity: 1400
Merit: 269
April 04, 2018, 12:49:47 AM
I guess people from a well develop country that has good economic status with lots of middle class or higher class citizens like the first world. We can't really teach bitcoin if a country is still suffering from poverty, has no electricity, no internet connection. So for now that would be the best target for bitcoin. People who can use internet of things.
newbie
Activity: 116
Merit: 0
April 04, 2018, 12:16:10 AM
Target terbaik untuk pemasaran adalah mereka yang pengambil risiko dan tertarik dengan crypto. Dari pengusaha hingga karyawan biasa. Semua individu dipersilahkan untuk bergabung selama mereka bersedia menginvestasikan uang dan waktu untuk belajar dari cryptocurrency.
newbie
Activity: 140
Merit: 0
April 03, 2018, 11:37:49 PM
The ultimate goal of bitcoin is to replace traditional paper money and become the universal currency of the world, and is now moving towards that goal.

At present, bitcoin people directly transfer money to people - no intermediary agency is involved, no third party performs supervision or set restrictions.

Easy to use, quick.
member
Activity: 168
Merit: 10
March 30, 2018, 11:22:46 AM
I think it is the millenials. It is because they are the ones who are digitally inclined. They don't reject new technologies invented since they know it will benefit them. Unlike the old people, they want the old way because they are much familiar with it.
newbie
Activity: 168
Merit: 0
March 30, 2018, 09:45:33 AM
Really, I do not know your question. But if it is about the goal of bitcoin. That is becoming a popular payment method all over the world. And they get a share of success because we've seen that Dell, Microsoft accepts bitcoin as the payment method for their product. And there are many retailers in the world that accept bitcoin. However, the popularity and value of bitcoins are increasing and can not be controlled. Will they really change their original purpose?
member
Activity: 350
Merit: 11
March 30, 2018, 08:52:41 AM
target? a bit confusing too to answer, but bitcoin is the digital currency, which means their target internet users, or arguably oranmg-people who are looking for income on the internet
full member
Activity: 308
Merit: 101
March 30, 2018, 07:55:42 AM
I’m not really understanding your question. Do you mean what’s the target of Bitcoin as in what price that is set to be achieved or do you mean those that Bitcoin was meant for, or do you mean the reason why it was made?

If you mean the target in price, then there is no particular target. As long as there is demand from the people, it will keep on fluctuating and will keep on achieving new higher rates.If you mean those it was meant for, then it’s meant for investors and not just everybody. And if you the reason why it was made, then there are lots of reasons.
newbie
Activity: 139
Merit: 0
March 25, 2018, 06:22:18 PM
Bitcoin price breaks $10,000 for the first time - November 28, 2017

and i think growing 3 month ago
Well 10k is not a big deal because price of bitcoin has become more than this now and it can get more high if you will concentrate with your investment to let it grow without panic selling, I think bitcoin experts have fixed the price of bitcoin for this month more than 20k dollar so I am dreaming very high, 10k has become an old price now, it is time to think bigger and get bigger profit with this pump in price of bitcoin, so gradually merit of bitcoin is getting high and it is increasing for sure.
newbie
Activity: 168
Merit: 0
March 25, 2018, 09:00:23 AM
the target market of bitcoin is you! and the people who are using the coin to trade...bitcoin is a currency - it is a tool being paid to certain product or sevices rendered.

As to date, there are only few countries accepting the coin to paid to a purchase product... it is widely use as "digital asset" my term to trade in the marketplace to earn huge income as the price of the coin is getter higher. if u exchange your fiat money to the coin in lower price then sell it to big price it would means profit. depending on the price variance that dectates your profit.
sr. member
Activity: 2366
Merit: 332
March 24, 2018, 04:04:26 PM
I think when target group or target market in economics, is simply saying the class of people that a product is made for, its purpose and uses For instance, there are some products that are for adults and children, so we can say that the group for diapers are children and not adults  Shocked.
 
I can say that the target group for bitcoin is the people, the users. That is, the people who believe it and are investing on it.
legendary
Activity: 1288
Merit: 1036
March 24, 2018, 02:10:36 PM
Bitcoin is the global currency, so the target audience is not really a group or type of person (and not just humans in the futuristic AI world). But the majority of users will be people who value privacy, globalization, and decentralization. It's gaining in popularity with libertarian and anarchic types but has evolved into a more diverse audience as more and more people are attracted to it, and it's becoming easier to use.
The target market may vary in different countries because every region of the world has its own dynamics. Online shopping is the major target which bitcoin has locked and pursuing it with all its strength and it may soon take over this in some countries because of more securities being offered.

In other countries, it will take some time but after the governments will get involved, soon it will be implemented in those parts of the world.
Bitcoin is no doubt one of the best thing one can have in our life and that we can surely have a huge profit if we keep on investing our money into it. Bitcoin is such a coin which can help you in so many places and that it can be used anywhere in this world. However, this will take some time and that it very tough for the bitcoin to have such a good reputation in the international market.
I always imagine one thing so far, that if I had missed this, what would I have told my kids when they grow up ?
That I did not have access to internet or afraid to take risk? Bitcoin has shown great potentials and it is still showing a really huge one. So far, we have gotten to see how things have turned out with the government trying to embrace it rather than condemning it, and if we get to see this happen, this may start being a door for mass adoption kicking in.
member
Activity: 238
Merit: 12
I was quet but i was not blind
March 24, 2018, 09:57:32 AM
Bitcoin price breaks $10,000 for the first time - November 28, 2017

and i think growing 3 month ago
member
Activity: 332
Merit: 12
March 24, 2018, 06:49:45 AM
Kindly enumerate all the target market of Bitcoin.

Many people now loves doing bitcoin because of the advantages of doing so but the fact is many of them are still not aware of what does the Bitcoin do and how does it work. And the list of knowledge about Bitcoin is too small.
Thats why I am asking now, who must be the Target Market of Bitcoin?
Thank you.

Bitcoin users run bitcoin client software on a computer called a node.

A large number of node computers are connected to each other to form a web of peer-to-peer networks.

The decentralization of bitcoin is called the blockchain. This is one of the simplest descriptions of how bitcoin works, and of course the actual running of bitcoin is far more complex than that.

The advantages of bitcoin in international remittances have led to the spontaneous use of bitcoin in some import and export trade.

I'm sure there will be more industries using bitcoin.
Agreed, all those who have invested their money into bitcoin combine to form a peer-to-peer network and that because of which bitcoin is being termed as a decentralized currency because there is no one who is governing bitcoin or controlling it. All of us have compete right to come and invest our money into bitcoin and that we can also make our lives far better by doing so.
member
Activity: 448
Merit: 10
March 23, 2018, 05:36:34 PM
I think target market of bitcoin is not only one person,or any one community.target market of bitcoin are those people,who believe decentralized and cryptocurrency.who believe bitcoin,also who want to earn money.
No doubt bitcoin is not only a single parent currency but it has huge family, in which some members are investors, some are traders, some are gamblers and some are only holders so it is not about a city it is not about a country, bitcoin is our world currency, if we want to earn high profit then we will have to prepare our self about the falling and rising market of bitcoin, we will have to fix our own target price in your mind at the time when you invest then wait till you get your target profit from bitcoin.
legendary
Activity: 1652
Merit: 1057
March 23, 2018, 09:04:42 AM
I think the true target market for me with bitcoin in the long term would be the cliche phrase "Banking the unbanked". But I really do think this is true. Smart phones now are everywhere and this is basically all you need along with access to the internet to now transfer funds outside of the banking system so I think this is both the most ethical target market and also potentially the most profitable.
Now banking is non banking only because people trust bitcoin more than bank, there are a lot of reasons for it as it is very easy to carry all the time your money with you if you use bitcoin but not fiat money, it is very easy to transfer a lot of bitcoin within few minutes so they found it reliable to use as compare to banking system, I think bitcoin gonna target banking system for fast payment and in future it gonna be only way to settle good marketing.


banks were still stable and legit than bitcoin , therfor many people will always prefer to use and put their hard earned money in banks than in investing on bitcoins. im pretty sure banks woudnt allow bitcoin to partner with their service because they think bitcoin can give them a threat if ever bitcoin becomes popular to the public because bitcoin will become more credible if banks and other big names will partner with it. however this might also affect that price of bitcoin because it will now become less volatile if it is regulated by banks.
Well, everybody have their own preference and in as much as most people are still trying to play safe, they would not want to put in what they cannot risk into bitcoin anyway. I would not be so sure of anything, because with the way cryptocurrency is going and the idea and perception governments are beginning to have about it.

I would not be surprised in the long run if banks find a way to benefit from it. Bitcoin however, cannot be regulated by banks with respect to your last statement, it still remains decentralized and nothing changes that unless the protocol is changed.

Apparently, it is a free world and no one is exempted from the show and some may have their skepticism but we also have to understand that over time, a lot of things can change and that can start turning to some hope for them. I still so much believe that over time, there would be some mass adoption which would help sky rocket the price, but for now, I guess the market is for only those who are willing to take the risk to be a part of the future.
member
Activity: 406
Merit: 10
March 23, 2018, 07:30:46 AM
I think target market of bitcoin is not only one person,or any one community.target market of bitcoin are those people,who believe decentralized and cryptocurrency.who believe bitcoin,also who want to earn money.
full member
Activity: 490
Merit: 100
March 22, 2018, 04:02:40 PM
I personally believe that the target market of Bitcoin are the millenials. It is because they are the ones who doesn't resist change and advancement. They will most likely adapt Bitcoin especially if it is helping them.
The millennial obviously have an upper advantage anyway, with the fact that they reached their adulthood in the jet age. The old cargos are just living borrowed time presently and they are still so much in the past while just living in the present, since it is always going to be hard for them to easily adapt to the strong change in technology.

Additionally the target market is somehow still restricted to those who have access to the internet easily, since without that, you are in total darkness from the digital world.

Well apparently yes because here in my country the majority of people knows bitcoin is in the young age between of 15 years old up to 28 years old. Some people that are in their 30s have just a limited knowledge about this. No wonder the age bracket of it is the one young ones that's use their time in computer especially in internet. Their interest heightened as they're more exposed to new technology so we can somehow concluded that at least 60% of bitcoin users are millenials.
Beautify of bitcoin is that people of any age can use it, there is no restrictions for people to use bitcoin, if they want to earn they can earn high amount of profit and they will not suffer any kinds problem, as much as you think that being lack of knowledge is the bridge between achieving target then it is not like this as they can get fast and fine information and knowledge from bitcoin forum and they can take help in facebook group discussion or from you tube, so be calm bitcoin is going to achieve target nothing can stop bitcoin way of success.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
March 22, 2018, 03:09:49 AM
I think the true target market for me with bitcoin in the long term would be the cliche phrase "Banking the unbanked". But I really do think this is true. Smart phones now are everywhere and this is basically all you need along with access to the internet to now transfer funds outside of the banking system so I think this is both the most ethical target market and also potentially the most profitable.
We all know the worth of bitcoin in much better way and that there is no way of doubting the capabilities of the bitcoin and that its power to change the living style of anyone why is not having enough of the money to have a better living for now.

Every single person who can know about bitcoin after some time or knows about bitcoin can invest his money into bitcoin and that bitcoin can help him in having a better living.

hero member
Activity: 1022
Merit: 503
March 21, 2018, 07:10:37 AM
#99
I personally believe that the target market of Bitcoin are the millenials. It is because they are the ones who doesn't resist change and advancement. They will most likely adapt Bitcoin especially if it is helping them.
The millennial obviously have an upper advantage anyway, with the fact that they reached their adulthood in the jet age. The old cargos are just living borrowed time presently and they are still so much in the past while just living in the present, since it is always going to be hard for them to easily adapt to the strong change in technology.

Additionally the target market is somehow still restricted to those who have access to the internet easily, since without that, you are in total darkness from the digital world.

Well apparently yes because here in my country the majority of people knows bitcoin is in the young age between of 15 years old up to 28 years old. Some people that are in their 30s have just a limited knowledge about this. No wonder the age bracket of it is the one young ones that's use their time in computer especially in internet. Their interest heightened as they're more exposed to new technology so we can somehow concluded that at least 60% of bitcoin users are millenials.
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