The existence of bitcoin is still lacking - page 2.

Kotone

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Quote from: daarul50 on April 21, 2018, 02:26:26 AM

As I toured the streets of downtown, I asked to question 10 people aged 25-30.

"Do you know of bitcoin or cryptocurrency?"

"Where do you get bitcoin information?" (If the answer to the first question is yes)

Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.

From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.

The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.

How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?

That is why we should have an active voice not just in the community but into the whole of the world as well. We should be active in campaigning and in helping other people especially the new one into transitioning seamlessly into the landscape of cryptocurrency. However I still do think that before we can really make an effort into the chaning of the regulation scheme we should first influence and drive the revoultion of our information to our peers firsto

danwanyd

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Bitcoin is not the mainstream. Six out of 10 people do not know bitcoin, so will any of these four people be willing to invest in bitcoin?

Bitcoin is not the currency most people accept, it's just a speculative asset.

fargoway

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Although, there are a lot of people aware of bitcoins their knowledge is still shallow in understanding how important and useful it could be.

Svafnir74

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Quote from: daarul50 on April 21, 2018, 02:26:26 AM

As I toured the streets of downtown, I asked to question 10 people aged 25-30.

"Do you know of bitcoin or cryptocurrency?"

"Where do you get bitcoin information?" (If the answer to the first question is yes)

Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.

From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.

The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.

How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?

I agree that people still know very little about cryptocurrencies. Although I think most people already know about bitcoin. With the exception of regions where difficult communication. For bitcoin to be recognized by all should take a long time. I think ten years.

Dmitry.Vastov

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Quote from: daarul50 on April 21, 2018, 02:26:26 AM

As I toured the streets of downtown, I asked to question 10 people aged 25-30.

"Do you know of bitcoin or cryptocurrency?"

"Where do you get bitcoin information?" (If the answer to the first question is yes)

Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.

From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.

The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.

How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?

I don’t think so that existence of bitcoin is still lacking because now a days bitcoin is going through very much of controversy that almost each and every country is now talking about the bitcoin where to centralise it or not and if you are saying that existence of bitcoin is still lacking then your statement is completely false . Though bitcoin has gone through many ups and downs, it doesn’t mean that bitcoin has no future with world economics, I am 100% sure that one day bitcoin will be the central currency.

Dmitry.Vastov

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Quote from: daarul50 on April 21, 2018, 02:26:26 AM

As I toured the streets of downtown, I asked to question 10 people aged 25-30.

"Do you know of bitcoin or cryptocurrency?"

"Where do you get bitcoin information?" (If the answer to the first question is yes)

Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.

From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.

The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.

How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?

I don’t think so because BTC is very sustainable crypto currency an resource which could never be exhausted and on contarary you are saying that the existence of bitcoin is still lacking then buddy I completely disagree with your statement because BTC is that virtual currency that has provided employment to millions of people and has helping a lot in reducing poverty to a very great extent and I don’t think that its existence is lacking anywhere.

marmeladko

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I agree with this information. I know some Bitcoin investors who don’t know how blockchain and Bitcoin network works. All of them invested in BTC because of ads or bloggers promotion on YouTube. People are lazy and want fast money instead of learning something new and understanding technologies.
Also mass media write that Bitcoin is risky and can give you a lot of profit. But where are education articles about blockchain and digital assets advantages?

ghiehhhh101

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Quote from: zenrol28 on April 21, 2018, 10:57:54 AM

In a survey, the less people you ask, the lower the accuracy of your survey. If you asked only 10 persons in a specific area, they cannot represent the whole population or even the area itself. It might be true that bitcoin is not known to that area but it doesn't mean that bitcoin is not known in the whole world.

yes its true, before i thought there are just few people who knew about bitcoin but then after joining in it i just realized that i am just one in a million people who knew it.

Btcvilla

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Well, that's exactly what happens in real life. especially for people who are not so familiar with the internet world. regardless of what you do, I do not think that can be a powerful indicator of every research you do on a small scale. perhaps, in some developed and prosperous developing countries there will be differences in the mindset of the people.

avoxosuccesful

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Bitcoin doesn't lack existence as we would never be able to use it what it does lack for me i'll say its awareness ,understanding and recognition.in your country or area what is the volume of people talking about bitcoin?people needs to know about bitcoin and its existence in our country's cause this sh** is real.there are hardly people who study's or research about something in the world today.spread the word.

ace4549

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I think ita not lacking because the company of bitcoin will still alive no matter ehat happens, because they performed a excellent services and provide a wonderful service.
Therefore they will stay here longer in our industry and will serve the people.

khaled0111

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We can't make de decisions based on a survey where you asked juste 10 people.
We should ask at least 1000 people to have better results.
It's not your fault, at least you made an effort.
If we admit that 40% of people know about Bitcoin, I think it is a good result and more than I expected.

eaLiTy

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Quote from: stompix on April 21, 2018, 10:43:59 AM

Asking 10 people in the street a question is nowhere near conducting a global survey.
And BTW, how did you guess their age, especially in quite a narrow gap (25-30) ?

That is how global surveys are conducted now a days. Cheesy

They will conduct a survey of ten people and then try to calculate the percentage, that is the exact reason why Hilary won the polls conducted before the elections. Grin

Quote from: mu_enrico on April 21, 2018, 10:59:57 AM

IMO the best way is to educate people and frequently talk about bitcoin

Not about investment part, but about decentralize, open, borderless, etc..

Good luck with that, if you find people who are interested in it, they already know those things, if you find someone who is willing to study new things then you can teach him, the worst part is that the common citizens wont understand anything you say because they are not familiar with the subject and i personally have experience teaching novice users and you will become mad after a few hours. Cheesy

It is a bit easy to teach people with trading experience better even if they do not know about the technology.

tabas

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Quote from: daarul50 on April 21, 2018, 02:26:26 AM

How can bitcoin materialize into the world's currency if people do not know what bitcoin is?

Maybe those people you asked doesn't have interest in investments, technology or assets. It also depends on what type of person you are asking but go in a street that's mainly full of business establishments or banks are close to each others. Your title says that existence of bitcoin is lacking? No bitcoin isn't lack of it, what bitcoin lacks is this.

Quote from: stompix on April 21, 2018, 10:43:59 AM

It's awareness or recognition or understanding...pick a synonym.

squatz1

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Quote from: dominional on April 21, 2018, 03:52:51 PM

The existence of bitcoin is still lacking in some places because of lack of internet connection in that community or state, what can make bitcoin to thrive is internet connection that will make people to be aware of it. No internet no bitcoin

Most of the world has an internet connection, I would have to say it is about 80 percent or more of the world at least has access to an internet connection (be it either public or private connection)

So I wouldn't blame on this, I would blame on it bitcoins volatility and other problems which is related with bitcoin and the tech itself (tx fees, tx confimration time, etc) That's the real problem here.

thescimitarr

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This is really an issue that needs to be dealt with. Instead of showing ads leading to some websites to buy bitcoin, we should literate people about bitcoin. And most of the people are attracted to crypto just because they think they'll make huge profits from it. And in the lack of knowledge, it turns out that most of them incur losses.

kodtycoon

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Yes indeed the spread of bitcoin is still not evenly distributed in every city, therefore there is nothing short to realize something to be great. Bitcoin only once shocked the world with its high prices, if bitcoin has stagger the world often and has surprised many people all over the city with its price that can penetrate the latest value later, it will be possible in the future bitcoin becomes more popular and will increasingly many are interested in investing in bitcoin.

ogtejiri

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Although the fanbase of Bitcoin is far better now than what it used to be few years back, there is still much room for growth. And Bitcoins success is enough to spread its existence to all and sundry; however should everybody introduce @least one person who is yet to know anything about Bitcoin will culminate in a rapid growth.

dominional

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The existence of bitcoin is still lacking in some places because of lack of internet connection in that community or state, what can make bitcoin to thrive is internet connection that will make people to be aware of it. No internet no bitcoin

squatz1

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If you're going to try to use this as data to show people that bitcoin exists, you're going to have to go to different parts of the world, different areas (rural, urban, suburbs) and so on and so forth. And ask these people, I'll tell you that there are probably a lot fewer people that know about bitcoin. The US (or other first world countries) may have a good exposure to bitcoin and these new emerging techs, but other parts of the world don't.

We are lacking in adoption by businesses though, I can tell you that much. That's just by trying to buy stuff online with bitcoin.

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