How much closer is Bitcoin to being mainstream, and how do you gauge that? I noticed more ATMs in recent years, but other that haven't seen too many other signs.
I would say that bitcoin is already very mainstream, as there are atm's, and it's accepted some places. It's discussed on social media like the platform we're using right now and all. 
Topic: How much closer is Bitcoin to being mainstream? (Read 1169 times)
Bitcoin is already mainstream. Information about it is already out on big media platforms. The volume of people who knows about it is increasing as much as how the value of cryptocurrency is rising. It is already an acknowledge form of online payment globally.
Well Bitcoin is far far from being mainstream, I think we will have to wait at least 10 to 20 years before Bitcoin go mainstream.
But I do think that other cryptocurrency is going to be mainstream faster than Bitcoin, since Bitcoin technology is clearly outdated by other coins today.
But I do think that other cryptocurrency is going to be mainstream faster than Bitcoin, since Bitcoin technology is clearly outdated by other coins today.
I think it's also like that, it takes a long time for bitcoin to be mainstream, not so easy to do such thing. if the bitcoin is already mainstream it will support the rising bitcoin price.
How much closer is Bitcoin to being mainstream, and how do you gauge that? I noticed more ATMs in recent years, but other that haven't seen too many other signs.
With all sincerity, bitcoin is still far from getting to the mainstream but the attention is gradually. Hopefully in the next ten years, we might get there and if things are being fast tracked with the level of work being done, we might get there faster but the challenges are equally there and one thing is see posing a threat is the several forks and that is an issue of consideration.
The confusion is not about the people already involved who knows when the fork happened but the people that will be coming in the next 5 year. A lot of this forks are claiming to be the real vision of the founder and the question is, what is that vision. This will go a long way in creating a confusion in the minds of authorities and multi nationals on which one exactly to adopt.
How much closer is Bitcoin to being mainstream, and how do you gauge that? I noticed more ATMs in recent years, but other that haven't seen too many other signs.
We can't really gauge how closer btc is to being mainstream. Though we think that more people are now aware of it, we're still not yet reaching the 5% of the population. And with that then it's safe to assume that it is very far from being mainstream. I think this is due to the fact that even people heard of btc they have no idea how it works. Mostly (if not all), tech inclined people are the ones who have the more understanding and have the initiatives to study cryptocurrency. There are more people who tends to steer away from things they don't understand simply because they don't want complications especially if they are busy working on their day jobs.
Last night on one national television in my country Serbia had reportage "Life in bitcoin mine". First I was surprised, I didn't expect to see anything about bitcoins while I was searching something to watch, and surely I didn't expect to see something about bitcoins on national channel.
I believe this is a good step forward, one television already started advertising bitcoin, in my country many older people are watching national televisions and now awareness of crypto currencies are slowly coming in my country too. Bitcoin is already mainstream in some countries, in mine that is in beginning. Soon bitcoin will be mainstream in all world.
I believe this is a good step forward, one television already started advertising bitcoin, in my country many older people are watching national televisions and now awareness of crypto currencies are slowly coming in my country too. Bitcoin is already mainstream in some countries, in mine that is in beginning. Soon bitcoin will be mainstream in all world.
Bitcoin to be similar to mainstream currency is not possible in the short or within few years time. The growth that has been happening with bitcoin is much bigger, but the capital volume is not that similar to the conventional currency. So being mainstream is not gonna happen.
There are some cities in which there is a growing number of merchants accepting Bitcoin as a payment in most of the countries but if we are talking about global scale, the current situation is not even near to the scenario where we can call Bitcoin a mainstream thing.
However, I am impressed with the growing number of merchants and ATMs supporting Bitcoin because down the road, it will spread in the rest areas in most of the countries. Even though we don't have a Bitcoin-friendly market environment as of now, I am sure we will have a good picture in next 5 to 10 years.
5 to 10 years is a good range of time for bitcoin to have a good environment and friendly government because as you can see that the bitcoin is not acceptable until now but if the bitcoin will have good records and progress in the next 5 to 10 years then i think that it will be enough for the government to become positive about bitcoin and fully accept it.However, I am impressed with the growing number of merchants and ATMs supporting Bitcoin because down the road, it will spread in the rest areas in most of the countries. Even though we don't have a Bitcoin-friendly market environment as of now, I am sure we will have a good picture in next 5 to 10 years.
Not only the government decisions but media attention and positive coverage, mouth publicity, existing exchanges & merchants are collectively putting the efforts to build a positive perception about Bitcoin but still, it will take some time to inculcate the awareness of the various aspects of the cryptocurrencies. That's why I think that the time span of 5 to 10 years is an ideal period to see the results of current efforts on a global scale.
Bitcoin is already mainstream. Big media platforms are writing articles about it. Also when you look the unconfirmed transactions, the amount increases every second. It passed PayPal's marketcap a couple of weeks ago. PayPal is quite mainstream, even my mother knows it.
Comparing the market cap in connection with Paypal is not the best method to decide if bitcoin is mainstream already or not. Maybe the market cap is already similar, but the number of processed transaction per second... Bitcoin is far away from Paypal's processing power, and really far away from VISA and MasterCard's processing power. We need some technical solution to increase the processed transactions, but the solution is on it's way years ago. Sooner or later we are going to have a solution, that will enable bitcoin to be mainstream. 
It's already a mainstream since ICOs are growing more these days raising for bitcoin and other alternate cryptocurrencies to support their project. It's market value being dominant (even if it has not reached its peak yet) against all alt coins is enough to prove that it's already the mainstream of cryptocurrency world.
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We are getting there but not as much as we want too. News like overstock.com has made profit on shares a few days ago was pretty much good news to help move companies into adopting it, the problem is getting the general public to adopt it, still many people know what bitcoin is. IF each of us can talk about it daily and condition it into peoples minds, then maybe we can bring it through the mainstream faster than what it is now.
When bitcoin was first introduced it was on the exciting things it started to gain momentum very quickly and before you knew it, it was in the mainstream at this point it is on everyone's mind to earn.
We're getting there. I've noticed more and more storefronts are starting to display the "Bitcoin Accepted Here" sign around town. Just today I was visiting my family and we talked about Bitcoin. My mom asked what its purpose was if noone uses it. I did a google search and found a gas station up the road and a couple local restaurants accepted in. She was surprised since its not a large city.
Hmm, care to share which country you are in and what city it is? I haven't seen any of it here in mine, though I would say that my country won't be the first ones to adopt bitcoin. But so far, I haven't seen many post about people sharing about stores already placing signs that they accept bitcoins.
Though, I heard a lot of good things about the lightning network, it could possibly speed up the implementation of bitcoin payment systems once it gets released.
Same here. It would be convenient if bitcoin as a payment were to be available in my country.
In light with this, I am happy to say that the popularity for bitcoin has been increasing here in my country. It's still not mainstream, yet it's no longer just an unfamiliar term for most. It's been gaining some attention by the business and financial sector, and I've been seeing it all over social media. Just recently, I saw a news article from our local news website.
Bitcoin still has a long way to go before it becomes mainstream - it'll even experience some road bumps along the way but it is definitely on the road towards becoming mainstream.
How much closer is Bitcoin to being mainstream, and how do you gauge that? I noticed more ATMs in recent years, but other that haven't seen too many other signs.
Even the use of ATM will further distant Bitcoin from the anonymous status of its holders it seeks to protect. This is even a cog in the wheel of its progress for me. Besides that, I really think Bitcoin is still far removed from being mainstream. The 21million total supply (which is really infinitesimal compared to global population) and the erratic nature in price are two major issues for the Bitcoin to contend with. Also have full responsibility for their money isn't for everyone.
Bitcoin is already mainstream. Big media platforms are writing articles about it. Also when you look the unconfirmed transactions, the amount increases every second. It passed PayPal's marketcap a couple of weeks ago. PayPal is quite mainstream, even my mother knows it.
correct. not only from articles, even on youtube already have ads. Bitcoin is one of the most popular virtual currencies. Since its emergence in 2009, although in the beginning there may still be some people who are skeptical about this asset, in fact now Bitcoin is growing in number of users around the world.
Oscar Darmawan, CEO of Bitcoin Indonesia, in 2016 ago, targeted Bitcoin Indonesia users two years to reach 500 thousand.
that is, the more bitcoin years the public recognizes.
How much closer is Bitcoin to being mainstream, and how do you gauge that? I noticed more ATMs in recent years, but other that haven't seen too many other signs.
Actually, it is obvious that Bitcoin is already on mainstream. The demand is continuously rising making its market valur more expensive. To think that it already have a value of 6000$ it is consider to be on mainstream since it is now widely known especially to the investors Also, its narket value is way larger compared to other coins. So yes, it is already on mainstream. 
i think we are still far for bitcoin to being mainstream because many people in out there still don't know bitcoin and i think we will need more years to make bitcoin known by globally. but there is possible that in next year, many people will attract to bitcoin and they will figure out what is bitcoin and why bitcoin is being famous among the other. i think right now, people have many question why the price now is too expensive especially for people from the government and they will curious, why this is happen with bitcoin because bitcoin itself is still in young age.
Bitcoin is a liitle bit near to be accepted by everyone but still way too far to being mainstream. Being in the mainstream is very hard to attain because it means an overall change in the system of our currency; there are so much things that bitcoins must accomplish first. Bitcoins are hindered to become legal and adopt our current systems that we have at the present because of its loop holes and disadvantages. As long as opposers of btc see something wrong in using it then they will try and try to pull it down.
So I think bitcoin must prove something more in order to convince all for its implementation. Let's just wait for the mean time and trust in its potentials.
So I think bitcoin must prove something more in order to convince all for its implementation. Let's just wait for the mean time and trust in its potentials.
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