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Topic: Target Market of Bitcoin - page 22. (Read 3008 times)

legendary
Activity: 1176
Merit: 1024
March 21, 2018, 04:38:37 AM
#98
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.
newbie
Activity: 168
Merit: 0
March 21, 2018, 12:45:47 AM
#97
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.
member
Activity: 182
Merit: 10
March 20, 2018, 07:49:41 PM
#96
your question is difficult to digest, maybe you mean is the purpose of this bitcoin market is created, is it so ?, when talking about the target is the target community, the goal is to empower the community in economic progress.
member
Activity: 420
Merit: 10
March 20, 2018, 06:41:12 PM
#95
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.



 I think the people, who want privacy with their wealth. Those investors , big groups of companies who joined decentralised digital currency are the target market of bitcoin.
full member
Activity: 532
Merit: 101
March 20, 2018, 02:43:01 AM
#94
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.
member
Activity: 994
Merit: 11
Daxetoken.net
March 20, 2018, 02:17:35 AM
#93
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.

        I think the target market of bitcoin first are those investors and businessman that can help to boost up and make it valuable coin and easily to understand and adopt bitcoin. Next are the community who are able to buy and sell bitcoins. people that understand also the uses and what bitcoin really is.
member
Activity: 168
Merit: 10
March 20, 2018, 02:00:43 AM
#92
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.
newbie
Activity: 88
Merit: 0
March 19, 2018, 11:21:52 PM
#91
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.
For me everybody is a target market of bitcoin. If you know how to use internet, if you have knowledge or wantinng to learn bitcoin it really does'nt matter if your young as young as 10years old if you are interested of it then you can be a target market or if your old too old but still able to move and comprehend then you can be a target market of bitcoin! Everybody is welcome it's just a mattef of intention!
full member
Activity: 756
Merit: 102
March 19, 2018, 09:14:00 PM
#90
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.
hero member
Activity: 2156
Merit: 531
March 19, 2018, 12:08:13 PM
#89
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.
the community involved using bitcoin and dare to take risks that will be faced is the main target of bitcoin market, whether it is big businessman or middle to lower class. Bitcoin can be very valuable because most people use it to serve as a form of investment so it has value in the cryptocurrency trading market.
jr. member
Activity: 97
Merit: 2
March 19, 2018, 07:59:29 AM
#88
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.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
March 16, 2018, 07:10:39 AM
#87
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.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
March 14, 2018, 02:27:05 PM
#86
The BTC network is controlled by all bitcoin users. Unless most BTC users agree to make a change, no one or organization can change or stop the BTC operation.

There are many problems with centralization. For example, central Banks can print money and plunder your wealth without your consent. Your money in the bank is not actually your money, but the bank's liabilities to you. You don't always get your money out of the bank. It's possible that the bank will only allow you to withdraw 60 euros a day, and it may even force you to confiscate your deposits.

Private property is sacrosanct, but people can't help it. In the BTC, these bad things will no longer exist. BTC is a monetary system that is completely out of the bank and only runs on the Internet. Even the law enforcement agencies cannot seize or confiscate bitcoin. The BTC network cannot be blocked unless the Internet is completely shut down. In the currency system, you can really master your money, not through bank your money, an indirect BTC in human history for the first time to use technical means to ensure the private property is inviolable.

So I say the goal of BTC is all of humanity.


Who said to you bitcoin is been controlled by the bitcoin user! There are some set of early miners who are all holding more than 70 percent of bitcoin in their wallet itself. You may find some richest bitcoin address of them.
Next to that fake news and negativity spreaded by banking corporates about bitcoin pull down the bitcoin value all the tme.
Bitcoin is only gateway to stop the corruption, avoid the banks from our life and make our life better. Money is everywhere in the world but not even single fiat note printed by the Government. Fed reserve shitty private organization.
sr. member
Activity: 910
Merit: 260
March 14, 2018, 01:58:41 PM
#85
Trading is important for the exchange the coin for any country currency. Trading market is helpful to for time to complete the process. So time is important for the trading process. Before start the trading check the process. If start the trading you complete with in one hours. If not complete you wait for one hours. After one hours it will be cancelled. So careful to handle the process. market places is helpful to for your future growth.
jr. member
Activity: 182
Merit: 4
March 14, 2018, 11:29:28 AM
#84
The BTC network is controlled by all bitcoin users. Unless most BTC users agree to make a change, no one or organization can change or stop the BTC operation.

There are many problems with centralization. For example, central Banks can print money and plunder your wealth without your consent. Your money in the bank is not actually your money, but the bank's liabilities to you. You don't always get your money out of the bank. It's possible that the bank will only allow you to withdraw 60 euros a day, and it may even force you to confiscate your deposits.

Private property is sacrosanct, but people can't help it. In the BTC, these bad things will no longer exist. BTC is a monetary system that is completely out of the bank and only runs on the Internet. Even the law enforcement agencies cannot seize or confiscate bitcoin. The BTC network cannot be blocked unless the Internet is completely shut down. In the currency system, you can really master your money, not through bank your money, an indirect BTC in human history for the first time to use technical means to ensure the private property is inviolable.

So I say the goal of BTC is all of humanity.
newbie
Activity: 266
Merit: 0
March 09, 2018, 01:06:17 AM
#83
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.
member
Activity: 322
Merit: 12
February 28, 2018, 01:35:01 PM
#82
As for Bitcoin's present situation now, I can say that Bitcoin is more likely to be utilized more by the younger generation as these people if not have more technical knowledge as compared to generation X or older people.
I think we all can agree that the millennial generation is more into finding new or innovative ways to better our present lives. But this doesn't by all mean that Bitcoin has no place for older generation, but I think it still needs to be proven more and let its advantages be known to those of the older generation.
Yes I agree with the idea that the no 1 target market of bitcoin nowadays are the millennial generations because they are technically on computer age, they have wide knowledge in terms of internet world and everything that the young ones are doing today almost related to internet sources, so it is more advantage to them in that situation, but then of course the older ones also are trying to be in the market as well, they also have the ability to do so, though slower compared to the so called millennial ones😊
sr. member
Activity: 1512
Merit: 316
February 26, 2018, 01:35:25 AM
#81
I can't say that BTC main target is to have new competition with Fiat all over the world, but of course, their main target user is people, as of the purpose of BTC and other crypto currency is to be used in digital transactions like paying of purchased items online.

I would their target is all those passionate individuals or organizations which want to make the best use of the technology and create a new space in this existing system. This will help every one to learn and earn and become more self depended rather than to work for others and also use this technology to ease the efforts and time it takes for doing work.
jr. member
Activity: 182
Merit: 1
February 26, 2018, 12:22:15 AM
#80
I can't say that BTC main target is to have new competition with Fiat all over the world, but of course, their main target user is people, as of the purpose of BTC and other crypto currency is to be used in digital transactions like paying of purchased items online.
member
Activity: 392
Merit: 11
February 25, 2018, 06:37:33 PM
#79
As for Bitcoin's present situation now, I can say that Bitcoin is more likely to be utilized more by the younger generation as these people if not have more technical knowledge as compared to generation X or older people.
I think we all can agree that the millennial generation is more into finding new or innovative ways to better our present lives. But this doesn't by all mean that Bitcoin has no place for older generation, but I think it still needs to be proven more and let its advantages be known to those of the older generation.
Bitcoin is very valuable so its target market is rich investors and rich countries. The bitcoin input opportunity is always shared by everyone but you also have to accept the fact that most bitcoins in the world are being held by wealthy investors and they are considered whales of this market.
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