Topic: Is Bitcoin ever be Mainstream? (Read 948 times)
what do you mean ever? it already is. what are we all doing here if it's not mainstream?
Maybe bitcoin has already crossed that line.
Every media I open online has already articles about bitcoin or crypto currencies.
And the good old tv news mention it more and more often as well.
I beliebve that a big part of the people in older generations, they have a negative attitude towads crypto currencies, no matter what.
But from the younger generations many of them are informed about bitcoin, some already have bitcoins.
In my opinion the step towards mainstream has alredy happened as good as it's possible.
Every media I open online has already articles about bitcoin or crypto currencies.
And the good old tv news mention it more and more often as well.
I beliebve that a big part of the people in older generations, they have a negative attitude towads crypto currencies, no matter what.
But from the younger generations many of them are informed about bitcoin, some already have bitcoins.
In my opinion the step towards mainstream has alredy happened as good as it's possible.
For purchasing some items, it might be used for payment. But, for little things such as buying bread or something, it is still far off to happen.
why not? we dont know about our future. the appearance of bitcoin has transformed all financial institutions in every country including private banks and central banks. do not be surprised if bitcoin will be used for small transactions such as buying milk to buy bread.
Bitcoin is mainstream right now it shows that the blockchain network is very fast than the generation of mobile network mainstream. Bitcoin will multiply its value for the next few months . this is a good start for everyone buy the dip while the whales are accumulating.
i hope bitcoin will be a part of the world and consider it as a good source of income or a job
Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?
Storing value mostly as it can be easily conveted into fiat which has a much higher acceptance rate. Since btc can be converted for a nominal fees it seems to be the best of both worlds. If supply was more it would definitely be a powerful currency. 
Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?
Yes it will hit mainstream as soon as this LN gets added on. Shouldn't be much more time now but probably because big update takes 6 month or something still.
A lot of people treat Bitcoin as their asset more than a means of spending. Which is why many would keep their Bitcoins rather than start spending them.
There are still a lot of problems and obstacles to conquer before bitcoin can go mainstream I feel. Transaction fees and the waiting time is getting worse by the day I feel.
I'm not really sure if Bitcoin will ever reach this level of mainstream aka. to be able to buy bread with it or pay taxes etc. in order for this to happen, BTC needs to beat the banks and everyone knows that this can't really happen at all. Yes BTC goes more and more mainstream with every single day and lots of new and new services start accepting BTC, but we are waaay waaay behind in order to start using Bitcoin in our everyday life.
Well if you are talking about bitcoins being a media mainstream, then yes it has become mainstream in terms of so much discussion being going around in the media and people becoming more and more aware about it,but if you are talking about its usage becoming mainstream, then it is gonna take some time, people are still relying on paper currency, since it is an age old system and therefore trustworthy, for bitcoins to become mainstream in usage its gonna take a lot of time
yes bitcoin is gradually going mainstream.. Well if you are talking about bitcoins being a media mainstream, then yes it has become mainstream in terms of so much discussion being going around in the media and people becoming more and more aware about it,but if you are talking about its usage becoming mainstream, then it is gonna take some time, people are still relying on paper currency, since it is an age old system and therefore trustworthy, for bitcoins to become mainstream in usage its gonna take a lot of time
I agree with your point of view, waiting for people to accept bitcoin may take time.
Most of the people are using Bitcoin as Asset these days but acceptance to stores are gaining, too. You can use Bitcoin Debit Cards, OverStock and some other reputed stores accepting Bitcoin and if you google a little, you would see there are lot posh houses are being sold with Bitcoins.
It depends on how one defines mainstream. For me, it is when it is government-regulated, millions of merchants accepting cryptocurrency and an exchange.
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Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?
I guess. But it is too early to tell. Bitcoins are just too small in terms of supply that is why we will have trouble using it on a day-to-day basis globally. If we are to use bitcoins everyday, it should have a stable price first and enough to supply the whole world with bitcoins. Bitcoins also must have gold reserves to make sure it is insured.
I think the same with you and I think it is difficult for bitcoin to get stable for the price because we do not yet reach the highest price and it still too volatile. maybe it is better to be like now and we can have a chance to make money from bitcoin and I think we can use the other coin to buy something and bitcoin will only an adjustment for that coins and the other. bitcoin itself needs many things before the price is stable and we need approvals from every government so people can free to use bitcoin in everywhere.
Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?
I guess. But it is too early to tell. Bitcoins are just too small in terms of supply that is why we will have trouble using it on a day-to-day basis globally. If we are to use bitcoins everyday, it should have a stable price first and enough to supply the whole world with bitcoins. Bitcoins also must have gold reserves to make sure it is insured.
could be like that, we can see what will happen in the future. If bitcoin can make daily life it might be similar to e-money
have bitcoin you can live anywhere
Don't think you will ever be able to use it mainstream until they sort out the processesing speed and high transaction fees. 2 to 3 transactions per second is not commercially viable for the mainstream businesses to ever use it. Can you imagine filling up the petrol tank and then sitting there for an hour ( if your lucky) while the payment is confirmed! Yesterday l had to send a 26 cents payment, that l could only pay in BTC, cost me $12.00 in transaction fee's. Not going to cut it commercially.
For purchasing some items, it might be used for payment. But, for little things such as buying bread or something, it is still far off to happen.
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