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Topic: If bitcoin ever goes mainstream - page 11. (Read 29054 times)

sr. member
Activity: 420
Merit: 250
December 21, 2015, 03:33:05 PM
If bitcoin goes mainstream, it would mean we holder would be very wealthy.

The biggest holders could even become billionaire's
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 21, 2015, 03:31:51 PM
what do you mean by saying if it will go mainstream? it is pretty much mainstream already and it will start becoming more and more popular since now a lot of new people are getting interested in using bitcoins and new companies start accepting it i hope the price will start going up because of that

I think OP meant mass adoption. So many common people will start using bitcoin, but also in terms of e-commerce so many webshops starts accepting bitcoin for payments in their shop.
Such a thing would give the bitcoinomy a serious boost.
hero member
Activity: 658
Merit: 500
December 21, 2015, 03:09:37 PM
what do you mean by saying if it will go mainstream? it is pretty much mainstream already and it will start becoming more and more popular since now a lot of new people are getting interested in using bitcoins and new companies start accepting it i hope the price will start going up because of that
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
December 21, 2015, 02:58:33 PM
If bitcoin ever goes mainstream I'm sure that following will happen:
- Price increase
- Many more people will buy BTC and use it
- Many merchants will accept BTC
- We will become reach
- My friends will be sorry because they rejected my offer to buy BTC on time Smiley
We would become very rich if bitcoin becomes mainstream. Bitcoin is only a few years old and we are early adapters of this experiment.  If bitcoin goes mainstream your friends will be asking you for money  Roll Eyes

Bitcoin will become mainstream, it's only a matter of time before it happens, even if banks start using only their own blockchains, it will only bring us more exposure.
It's hard to explain bitcoin now to people, and move them from fiat to crypto, but if they get familiar with it with banks blockchain, it would be much easier for them to cross to bitcoin.
legendary
Activity: 1372
Merit: 1252
December 21, 2015, 02:07:29 PM
It's inevitable (that Bitcoin will go mainstream), but fiat isn't going anywhere any time soon.  Plenty of time for people to divest.  I know I'd keep some USD in a USD side chain. Grin
Actually it would be a good idea for governments to manage their money through a Biatcoin sidechain, but don't forget that this is a currency war and the powers that be are not going to give up on their hegemony so I don't expect them to nicely start using Bitcoin for anything to be honest. This doesn't mean Bitcoin can't go mainstream by itself without goverment approval.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 21, 2015, 02:05:41 PM
If bitcoin ever goes mainstream I'm sure that following will happen:
- Price increase
- Many more people will buy BTC and use it
- Many merchants will accept BTC
- We will become reach
- My friends will be sorry because they rejected my offer to buy BTC on time Smiley
We would become very rich if bitcoin becomes mainstream. Bitcoin is only a few years old and we are early adapters of this experiment.  If bitcoin goes mainstream your friends will be asking you for money  Roll Eyes

LOl you are right.
Because i stepped in mid 2014, I feel I was not there when the bitcoin thingy happened. But in terms of early adopters I (we) are still early adaptors.

The potential of bitcoin is big and yes so would we (early) adopters benefit more then the people who join this party later.
sr. member
Activity: 518
Merit: 250
December 21, 2015, 01:34:22 PM
If bitcoin ever goes mainstream I'm sure that following will happen:
- Price increase
- Many more people will buy BTC and use it
- Many merchants will accept BTC
- We will become reach
- My friends will be sorry because they rejected my offer to buy BTC on time Smiley
We would become very rich if bitcoin becomes mainstream. Bitcoin is only a few years old and we are early adapters of this experiment.  If bitcoin goes mainstream your friends will be asking you for money  Roll Eyes
newbie
Activity: 53
Merit: 0
December 21, 2015, 01:20:01 PM
Bitcoin is programmed to become increasingly scarce every four years, via block reward halving.

Just that alone renders it a viable option for those looking for an effective store of value. Forget the day/weekly/monthly volatility. Short term volatility means nothing if the thing that you're trading has 'PROGRAMMED' restriction of issuance. 
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
December 04, 2015, 04:54:42 PM
Another bad news for Bitcoin, especially because things were flourishing in Taiwan:

https://www.cryptocoinsnews.com/bitcoin-declared-illegal-in-taiwan/

I know nothing of Taiwanese law, though I have some experience with the 'crypto press' getting the details wrong (just sayin'). In Taiwan, does the FSC Chair actually have the power to enact normative law by simple proclamation?

The ban could be an exaggeration, but the kidnapping with a ransom in bitcoin seems to be a fact. It's always bad press.
legendary
Activity: 3374
Merit: 1824
December 04, 2015, 02:47:37 PM
If bitcoin ever goes mainstream I'm sure that following will happen:
- Price increase
- Many more people will buy BTC and use it
- Many merchants will accept BTC
- We will become reach
- My friends will be sorry because they rejected my offer to buy BTC on time Smiley
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
December 04, 2015, 02:22:18 PM
Another bad news for Bitcoin, especially because things were flourishing in Taiwan:

https://www.cryptocoinsnews.com/bitcoin-declared-illegal-in-taiwan/

I know nothing of Taiwanese law, though I have some experience with the 'crypto press' getting the details wrong (just sayin'). In Taiwan, does the FSC Chair actually have the power to enact normative law by simple proclamation?
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
December 04, 2015, 01:51:08 PM
Another bad news for Bitcoin, especially because things were flourishing in Taiwan:

https://www.cryptocoinsnews.com/bitcoin-declared-illegal-in-taiwan/
hero member
Activity: 770
Merit: 509
November 25, 2015, 09:53:55 AM
The true Bitcoin economy is p2p, that is, creating an address and start accepting payment yourself directly from your customers, fans, or whatever that is that you do. That's the whole point. I couldn't care less what those payment processing companies do or if they go bankrupt.
full member
Activity: 210
Merit: 100
November 25, 2015, 08:42:41 AM
percentage of the amount of the total expenses on one year. But even 1% would be huge and would imply a very high price for bitcoin. However, according to the mentioned Gresham's Law, bitcoin will be hoarded and only rarely spent.
waiting for this happen Grin
legendary
Activity: 1232
Merit: 1091
November 25, 2015, 08:35:54 AM
The problem isn't those companies or their opinion.

The problem is the apparent fact underlying their opinion: the number of users of bitcoin hasn't grow as expected.

How do you know the amount of new Bitcoin users have not increased as much as people were hoping for? Is there even a way to measure such growth?
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
November 25, 2015, 07:44:48 AM
The problem isn't those companies or their opinion.

The problem is the apparent fact underlying their opinion: the number of users of bitcoin hasn't grow as expected.
legendary
Activity: 1442
Merit: 1016
November 24, 2015, 09:11:02 AM
Systems of payment that accept bitcoin and retailers are complaining that the number of users that pay with bitcoin hasn't increase at the expected rate. Some are expanding their accepted means of payment to overcome this:

http://www.businessinsider.com/circle-bitreserve-bitpay-struggle-lack-of-bitcoin-adoption-2015-11





I don't really care about those businesses.Especially Circle(funded by Goldman Sucks), and bitreserve as Uphold, which CEO said some time ago that Bitcoin will not survive the next 5 years.

Furthermore Uphold is imo just a bunch of liars.Wanna have Example?!

Latest twitter post by Anthony Watson:"We're not moving away from Bitcoin.We have been , are and will be bullish on Bitcoin".

https://twitter.com/AnthonyWatson/status/668989799013847040

And then you have to deal with this: https://medium.com/@captaincloudmoney/the-internet-of-money-is-here-c33e5af8140d#.srmi4ilv6

Quote

Because Money is information + value, and because the only way to substantiate the value of IP-based assets is via a transparently-held reserve of real assets, it follows that the venture that enables the Internet of Money will be a centralized service, a hub with billions of spokes radiating from it.

Bitcoin fails as Internet money
despite being an IP-based asset, because there is no central authority backing its value. Bitcoin’s effort to remedy the abuses of banks and central banks via a trustless decentralized money system ultimately fails because bitcoin isn’t money.

Imo forget these sneaky companies!They are two-faced and don't give a sh** about Bitcoin!Ignore them!Avoid to use them!
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
November 24, 2015, 07:29:56 AM
Systems of payment that accept bitcoin and retailers are complaining that the number of users that pay with bitcoin hasn't increase at the expected rate. Some are expanding their accepted means of payment to overcome this:

http://www.businessinsider.com/circle-bitreserve-bitpay-struggle-lack-of-bitcoin-adoption-2015-11



hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
November 23, 2015, 09:22:28 AM
Talking about mainstream?
Here check it out: http://www.arnhembitcoinstad.nl/#kaart
Thats some promotion right there.
full member
Activity: 140
Merit: 100
November 23, 2015, 08:39:44 AM
I think that we are witnessing the first step Bitcoin in mainstream. At this point only the US, but you know what's gonna happen shortly ..

https://www.cryptocoinsnews.com/coinbase-launches-first-bitcoin-debit-card-u-s/
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