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Topic: if you build it they will come? - page 2. (Read 1000 times)

full member
Activity: 364
Merit: 101
DanJoN
July 10, 2017, 03:38:06 AM
#11
all are hoping and saying that BTC will go Up.
as of my side It will happen, btc are getting stronger, many people are showing interest on it, so lets wait and the Big thing will happen soon Smiley
sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
July 10, 2017, 03:16:41 AM
#10
it is simply because adoption is a slow process and it is like this with any new technology. when computers were first introduced not everyone jump in the computer shops to buy them but today (nearly) everyone has a PC.

it is the same with bitcoin too. it takes time. first we need regulations, and it has been happening this year with Japan and multiple other countries.
then we need a more stable community with less debate and drama. so that new people can easily come in and feel welcome. right now if someone new comes in and googles bitcoin and goes to reddit they will surely run away from all of this!
then we need a more stable price so that bitcoin can be seen more than just a speculation tool and more like a currency. this will take much longer but we are at least half way there. the big swings are less common now and with more smaller swings.

these 3 in my opinion are the first most important steps.

why 99.95% of people will agree to the rare Bitcoin blockchain, making all early adopters (2009-2016) rich - and not look for better crypto solutions?

Because it is already adopted by many people and it is like Herbert2020 said, a slow process, so slowly people will start using Bitcoin. There is no united community of non bitcoiners who start saying hey, lets create our own cryptocoin and screw bitcoin.
legendary
Activity: 1946
Merit: 1137
July 10, 2017, 03:15:57 AM
#9
it is simply because adoption is a slow process and it is like this with any new technology. when computers were first introduced not everyone jump in the computer shops to buy them but today (nearly) everyone has a PC.

it is the same with bitcoin too. it takes time. first we need regulations, and it has been happening this year with Japan and multiple other countries.
then we need a more stable community with less debate and drama. so that new people can easily come in and feel welcome. right now if someone new comes in and googles bitcoin and goes to reddit they will surely run away from all of this!
then we need a more stable price so that bitcoin can be seen more than just a speculation tool and more like a currency. this will take much longer but we are at least half way there. the big swings are less common now and with more smaller swings.

these 3 in my opinion are the first most important steps.

why 99.95% of people will agree to the rare Bitcoin blockchain, making all early adopters (2009-2016) rich - and not look for better crypto solutions?

because there are 9995 reasons to agree to rare bitcoin instead of an altcoin.
- security (of the code and the network and the clients) and also the variety of wallets
- reliability (that it will always work, it won't go offline, since bitcoin hasn't but altcoins have many times)
- scarcity (bitcoin has a cap, it has a good distribution rate, it also as a good distribution) many altcoins either don't have a cap or they have huge supply and will never grow in price.
- it is already adopted and it is already very big. but nobody even knows about altcoins!
full member
Activity: 191
Merit: 100
July 10, 2017, 03:09:11 AM
#8
it is simply because adoption is a slow process and it is like this with any new technology. when computers were first introduced not everyone jump in the computer shops to buy them but today (nearly) everyone has a PC.

it is the same with bitcoin too. it takes time. first we need regulations, and it has been happening this year with Japan and multiple other countries.
then we need a more stable community with less debate and drama. so that new people can easily come in and feel welcome. right now if someone new comes in and googles bitcoin and goes to reddit they will surely run away from all of this!
then we need a more stable price so that bitcoin can be seen more than just a speculation tool and more like a currency. this will take much longer but we are at least half way there. the big swings are less common now and with more smaller swings.

these 3 in my opinion are the first most important steps.

why 99.95% of people will agree to the rare Bitcoin blockchain, making all early adopters (2009-2016) rich - and not look for better crypto solutions?
legendary
Activity: 1946
Merit: 1137
July 10, 2017, 02:59:14 AM
#7
with less than 5mln BTC left to mine, on the 8th year, with news worldwide - why the price is only 2500$ and not much higher? where are all the billions of people? where are all the FIAT's trillions?

it is simply because adoption is a slow process and it is like this with any new technology. when computers were first introduced not everyone jump in the computer shops to buy them but today (nearly) everyone has a PC.

it is the same with bitcoin too. it takes time. first we need regulations, and it has been happening this year with Japan and multiple other countries.
then we need a more stable community with less debate and drama. so that new people can easily come in and feel welcome. right now if someone new comes in and googles bitcoin and goes to reddit they will surely run away from all of this!
then we need a more stable price so that bitcoin can be seen more than just a speculation tool and more like a currency. this will take much longer but we are at least half way there. the big swings are less common now and with more smaller swings.

these 3 in my opinion are the first most important steps.
sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
July 10, 2017, 02:55:07 AM
#6
In case bitcoin becomes a global official currency, people will buy Bitcoin of people which have already got bitcoin´s, either for fiat (in the beginning) and then for goods or as payment for their work (when it is more and more famous).

This will take a generation - 20 years.
Yes of course  Cheesy

if you build it they will come? In my opinion yes, if there is no scaling problem (and we will have a few more sclaing problems, even IF segwit and the lighteningnetwork help now, I doubt that would be enough if 8billion people and companies use BTC)

Bitcoin only as store of value?
No, as atore of value AND daily used currency
full member
Activity: 191
Merit: 100
July 10, 2017, 02:44:03 AM
#5
In case bitcoin becomes a global official currency, people will buy Bitcoin of people which have already got bitcoin´s, either for fiat (in the beginning) and then for goods or as payment for their work (when it is more and more famous).

This will take a generation - 20 years.
if you build it they will come? In my opinion yes, if there is no scaling problem (and we will have a few more sclaing problems, even IF segwit and the lighteningnetwork help now, I doubt that would be enough if 8billion people and companies use BTC)

Bitcoin only as store of value?
sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
July 10, 2017, 02:37:03 AM
#4
In case bitcoin becomes a global official currency, people will buy Bitcoin of people which have already got bitcoin´s, either for fiat (in the beginning) and then for goods or as payment for their work (when it is more and more famous).

if you build it they will come? In my opinion yes, if there is no scaling problem (and we will have a few more sclaing problems, even IF segwit and the lighteningnetwork help now, I doubt that would be enough if 8billion people and companies use BTC)
full member
Activity: 191
Merit: 100
July 10, 2017, 02:33:19 AM
#3
It will happen, they will come like your Subject says "If you build it, they will come" they must be stuck in traffic.

It's all because of SegWit?
legendary
Activity: 1848
Merit: 1000
July 10, 2017, 02:13:14 AM
#2
It will happen, they will come like your Subject says "If you build it, they will come" they must be stuck in traffic.
full member
Activity: 191
Merit: 100
July 10, 2017, 02:07:55 AM
#1
with less than 5mln BTC left to mine, on the 8th year, with news worldwide - why the price is only 2500$ and not much higher? where are all the billions of people? where are all the FIAT's trillions?
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