Adoption! Finally? - page 2. | Bitcointalksearch.org

Bitcoin Seller

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Quote from: Mulann2 on September 23, 2019, 10:41:37 AM

Especially when big companies start making use of btc to pay staff salaries or buy company goods or services with btc then the real adoption would be taken place, for the btc awareness is gradually increasing, more will come as time passes, I think satoshi will agree with what btc have achieved so far.

Bitcoin will be finally adopted and accepted globally. Here is the latest news. According to information from France, there comes a surge in support for the use of BTC for different payments. Thirty brands and more than 25,000 stores will be able to accept BTC from users in the first quarter of 2020. This step will greatly facilitate the adoption of cryptocurrencies for many well-known brands.

peter0425

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Quote from: lightningmelo on September 20, 2019, 06:04:22 PM

IMO holding bitcoin 100% counts as adoption.

You're buying and holding an asset you think will appreciate due to it's qualities. You don't need to be trading or buying with it to count towards the "adoption metric".

Exactly!!! So with all that being said in the end it’s HODL still the answer for Adoption

Whatever they said and done I will still Hold my coins till I reached my desired amount

Questat

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These can make people be more optimistic about the adoption of Bitcoin but it is not that easy I am afraid. We see promising and concrete steps that were taken. Though beating the current system is too hard right now.

They will recognize cryptocurrency soon but don’t be afraid with the current situation of the market because it will stand up again and make the believers proud with bitcoin. The adoption is our last hope, we need more investors and be confident that it will happen next year.

Hopes or Hopeless?
It gives hopes to those who really believe in crypto but it seems to be hopeless to those in doubt.
We've been struggling with these difficulties since last year and quite to say that many had been quitting and have bad claims towards crypto. I'd find out that investors will have a big role in crypto development, they are the one who makes this thing alive.

Duzter

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Adoption of technology has been found much than the adoption of bitcoin. We often get to know more and more marketplace accepting bitcoin into their businesses. Here the small business enterprises get paid directly in terms of bitcoin which contribute to a very small volume. Apart from this there is large scale business networks and chained networks accepting bitcoin. Those were happening through third party services. This is no big thing and it isn't perfect adoption of bitcoin. This will change as people have belief over technology but haven't used to a virtual asset.

1Referee

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Quote from: Mpamaegbu on September 24, 2019, 02:46:44 PM

The way I see it this day, it's analogous to what happens with XRP - so much positive reviews, yet price isn't still encouraging.

Ripple the company has been doing quite well, but that's mainly the result of businesses using their xCurrent product, which they don't need XRP for.

Another thing is that Ripple has been selling insane amounts of XRP to entities well under the spot price, but with a contractual agreement that only X percentage of tokens can be sold annually. It translates into a constant flow of selling pressure, and while dozens of entities are only able to sell a small percentage, combined, the small percentages add up to a large percentage, hence the price that keeps going down.

In the end, Ripple is doing what pre-mine altcoin schemes have been doing for years, which is to dump their bags. Shouldn't be too surprising. Roll Eyes

nicecrypto

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Now btc is given new and old user an opportunity to buy the dip, with btc you can't go wrong, we already seeing all the good news keep rolling in every time about big companies gradually accepting btc, bakkt just lunch 2 days ago for institutional investors, Watford club has taken the bold step of showing off with btc logo on their Jersey and there are more such good news, more news will keep coming, btc is evolving.

BitHodler

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Quote from: Mpamaegbu on September 24, 2019, 02:46:44 PM

We (myself included) are just being overtly optimistic with this idea of mass adoption for Bitcoin. I would think that nothing much has really changed with Bitcoin since last year.

You're absolutely right there. Bitcoin's fundamentals haven't improved much, and the "mass" adoption of Bitcoin in shaky countries such as Venezuela people are talking about isn't of any significance either.

The value of the Bolivar has gone down so much that while the volumes as per the Bolivar standard has gone up considerably, but the actual US Dollar value of the volumes are consistently going down.

People have been generously rewarded this year with the bull run that peaked at $13.8k, which honestly speaking, came as a total surprise to me. My main target was $6k, while a lot people expected even lower levels....

AppliedOptimal

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Well, then there is Sephora, Decathlon and many others joining the Bitcoin adoption movement.
According to this tweet major merchants in France will accept bitcoin in 2020!!! The news source says that this will be 25,000 retailers in total, and could be more.
If this does not help adoption, I don't know what will.

Mpamaegbu

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We (myself included) are just being overtly optimistic with this idea of mass adoption for Bitcoin. I would think that nothing much has really changed with Bitcoin since last year. Price is still on a downward slide. One or two positive comments or reviews on Bitcoin doesn't really mean anything much. The way I see it this day, it's analogous to what happens with XRP - so much positive reviews, yet price isn't still encouraging.

betty11

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Yes bitcoin is been adopted by tech companies, this will attract partnership with other companies in the future. Really, everyone wants to make a progressive profit and stay in business. If the current world economic must move faster and save operating cost, there is s need for our financial transactions to adopt cryptocurrency.

vladimirhf

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The common ground for all to use bitcoin is the mobile phones, almost the entire population in the world uses phones and since these developments like telegram and LINE is now developing their project, its sure to be a good sign for adoption. Its a gradual adoption though which isn't making an impression for users who are new to crypto. They expect quick changes but the prices going to the different direction.

Will make a big difference when smartphones' operation systems start coming with cryptocurrency wallets by default, and I think this day is near. The adoption may be so fast as the adoption of the smartphone happened. According to the news, the phone sales have been decreasing, they have reached a stagnation point. Prices need to fall, it's the only way to reach and connect more people.

Mulann2

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Especially when big companies start making use of btc to pay staff salaries or buy company goods or services with btc then the real adoption would be taken place, for the btc awareness is gradually increasing, more will come as time passes, I think satoshi will agree with what btc have achieved so far.

ethereumhunter

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Quote from: pooya87 on September 20, 2019, 10:26:07 PM

can we really consider these as "adoption"? sure they are helping the adoption but to me the term means when people start using bitcoin. for example what happened in Japan where you can actual shops in the cities accepting bitcoin as payment.

these articles are mostly talking about big names wanting to make profit from the volume that already exist from traders. and the second article is not even related to bitcoin, it is another fundraising!

I'm with you too because adoption totally is still far. We are seeing people who have found bitcoin as an area of investment and they are buying hugely, leveraging on its volatility.

The adoption is still on the process, and I think that is trying to reach people from over the world. People who are joined in the bitcoin world, use bitcoin as the investment, a new way of making money, and they are trying to introduce bitcoin to other people. That will be great if that action can be done in other places because that will help bitcoin to grow more.

fullhdpixel

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Once bitcoin gets adoption from these big countries, then the remaining ones is very little, I have seen many big projects that has started using cryptocurrency and some even developing their like the ones you mentioned, and if they were not being supported by the government, they would not have gotten to the stage of boldly making their intention know to the public.

Bitcoin is just starting to grow now and I believe that we will still have many other big projects that we are not hearing of no, also start their own cryptocurrency development. The funny part of the adoption is that even musicians that are popularly known are beginning to create their own crypto too and they are advising it without the fear of government, crypto has really come to stay.

Prettyme

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Quote from: meanwords on September 20, 2019, 10:13:54 PM

I knew Japan knows the capabilities of Blockchain and they are the first to be taking advantage of it. With more adoption happening in the parts of asia, more people might be able to adopt Bitcoin as asia is the largest continent in the world. Even those people with financial problem might get a chance to be free. We might get to see someday that those countries who banned cryptocurrency will use it.

Yes youre right asia is the biggest continent and expected that bitcoin will be more popular in countries of asia. They will never adopt bitcoin if they dont see the potentials of it. Japan is a modernized and a developed country they know what they do in terms of their economy so i think japan notice the value of bitcoin thats why they wers now adopting it.

serjent05

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Quote from: mk4 on September 21, 2019, 12:10:57 AM

Ehh. While new exchanges are always good for better competition, new exchanges != adoption; in my opinion at least. In the case of Line's built-in crypto exchange, it's probably just another 'feature' of the app that most non-crypto people are going to ignore. Though I'm definitely not complaining, if anything, this just gives more legitimacy to bitcoin or cryptocurrencies to those "bitcoin is a scam" people, but it definitely doesn't guarantee adoption.

I see it the other way though. Once a person or a company uses a technology, it is adoption for me. Whether they wanted to take advantage of the technology or the potential profit it may bring, once a technology is embraced and implemented it is an adoption.

And we both agree in a certain degree that these institutional company that "adopted" (possibly added in your term, referring to the bolded one) Bitcoin will help prove that Bitcoin is not a scam. Anything that can clear the doubts of the masses towards Bitcoin is a good move IMHO.

Quote from: Lizzylove1 on September 21, 2019, 02:33:04 PM

Some persons are waiting for their government signal to tell them that bitcoin is the way to go in this and next generation, I am scared they might have loss too much before their government finally speak out, they just might have loss out much from what we are enjoying. More tech giants will follow the step of Gram.

Indeed with these institution embracing Bitcoin and approval of financial institution for sure those who have doubt in Bitcoins may acknowledge that Bitcoin is not a scam.

Pab

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Quote from: ChrisPop on September 21, 2019, 01:43:45 AM

Adoption is going to be a long-term process like it was with the telephone and internet. Of course that big companies with large userbases represent great advancements in terms of adoption indeed. However there is still a long way to go. My take is that the biggest "target" for Bitcoin and cryptocurrencies are the unbanked peoplew which are billions. As a friend said there are more people with access to internet than access to potable water.

I agree with you.Adoption needs to take time.News about Rakuten are great.Japan did his paper work regarding cryptocurrencies .USA did not still USA is not so much friendly to crypto but Bakkt is launching.I count much more on Bakkt E-Commerce than his futures. Futures are only about trading and price e-commerce is about real use

Lizzylove1

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Some persons are waiting for their government signal to tell them that bitcoin is the way to go in this and next generation, I am scared they might have loss too much before their government finally speak out, they just might have loss out much from what we are enjoying. More tech giants will follow the step of Gram.

error08

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No doubt about bitcoin adoption in Japan since the government allows it, more exchanger like Rakuten joins the party is a good thing for sure.
But it's a different story in other countries, not all of them regulate bitcoin as a legal payment method due to some flaws and risk, look at bitcoin's ETF.
One thing for bitcoin mass adoption; only if the government state we can transact bitcoin on a daily basis such as in Japan, it still a long way to go for us who live outside those bitcoin-friendly countries.

fiulpro

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We are working and receiving payments in bitcoins plus all these campaigns and people here are actually all who have adopted Bitcoins but it does gains a lot more weight when these big companies finally plan on giving bitcoins the appreciation they deserve .
This is a great list , kinda makes your hopes go up .
Also at the same time bitcoins logo has been seen on the players tee and more and more people are taking interest in it ...
Now kids gonna ask their mom's ..what does that logo means and this is the kind of thing that might affect the next generation .

Topic: Adoption! Finally? - page 2. (Read 725 times)