I think there are only 2 ways that crypto currencies can become more universally accepted in the world we live in. Firstly, more stability in the value of the coin. People want to know that the value doesn’t dramatically change from day to day activities. Secondly, more adoption by big retailers such as Amazon or Walmart. We need to have more places to be able to spend crypto in order for people to take it more seriously.
Topic: Why isn't crypto going mainstream? (Read 2141 times)
Crypto does not go through because it is not common to anyone and some do not know this crypto, perhaps in the next few years it might be known, but if it is named and mailed
Perhaps some already got burned in 2013 during the previous hype ?
I know a guy that had that happen.
Get it ?
You are stupid noobs yammerin' on in your greedy short sighted ICO facade chamber.
Keep thinking you know things noobs.
EDIT:
I lost count how many times some kid told me in crypto he/she found some coin "boring".
Every time i hear that i am blown away.
It's a currency.. use it.
Calling yourself an "investor" ?
Then act like it.
Show me an investard that buys into ICO's for long term support.
It doesn't happen.. they buy and they dump.. for profits ASAP.
Bitcoin / FIAT profits.
While talking shit like an idiot every step of the way..
Mainstream ?
What is there to get mainstream ?
Buying shitcoins for ROI's ?
Not everyone wants to get involved in shady sketchy bullshit for BTC profits.
I think when the public sees what is going on here they smell FUD.
And so they should.
Shouldn't an outsider watching this stuff have Fear, Uncertainty and Doubt about it all ?
Seems appropriate to me.
At this point in time I think it's too technical, and as of recently there is a pretty high entry price.
It is just a matter of time when it will become a matter of necessity for business, government agency and many organization will start looking for most crypto project that are developing product that make money for their owner and make life easy for client and customers .
It will be - you have to remember although bitcoin has been around for years and has only recently had recognition in the media in a positive light (ignore silk road) the past two years.
People do not understand block chains and cryptocurrencies, once it gets adopted you will see a rise in mainstream and new money flooding in.
People do not understand block chains and cryptocurrencies, once it gets adopted you will see a rise in mainstream and new money flooding in.
Crypto currency isn't going mainstream because it is hard for them to understand the meaning of Bitcoin and what is the value of it.Some people always give a negative opinion about it.
I'm personally not sure why Crypto isn't going mainstream yet since i hear it all over the news.
I recently read an article from TheNextWeb and they mention Bitcoin and Ethereum will be everywhere? - Heh how soon will that be.
If you want to read about it, here's the link: https://thenextweb.com/contributors/2017/09/29/bitcoin-ethereum-will-soon-everywhere-reals/#.tnw_QPO9ybFP
How many people do you think are already aware about cryptocurrency globally ? We are also still at the adoption phase with a whole lot of development still going on gradually, governments are still contemplating and we are already talking about going mainstream ? I recently read an article from TheNextWeb and they mention Bitcoin and Ethereum will be everywhere? - Heh how soon will that be.
If you want to read about it, here's the link: https://thenextweb.com/contributors/2017/09/29/bitcoin-ethereum-will-soon-everywhere-reals/#.tnw_QPO9ybFP
It is one step at a time, and we won't even need to ask all these questions as we will glaringly see it ourselves. Rome was not built in a day and we cannot expect cryptocurrencies to take a huge turn just within a year.
However market cap is x10 in the last year and imo more and more of a framework/eco-system is developing. Especially for BTC and ETH. Might take a couple more years but hopefully we'll get there.
I'm personally not sure why Crypto isn't going mainstream yet since i hear it all over the news.
I recently read an article from TheNextWeb and they mention Bitcoin and Ethereum will be everywhere? - Heh how soon will that be.
If you want to read about it, here's the link: https://thenextweb.com/contributors/2017/09/29/bitcoin-ethereum-will-soon-everywhere-reals/#.tnw_QPO9ybFP
How many people do you think are already aware about cryptocurrency globally ? We are also still at the adoption phase with a whole lot of development still going on gradually, governments are still contemplating and we are already talking about going mainstream ? I recently read an article from TheNextWeb and they mention Bitcoin and Ethereum will be everywhere? - Heh how soon will that be.
If you want to read about it, here's the link: https://thenextweb.com/contributors/2017/09/29/bitcoin-ethereum-will-soon-everywhere-reals/#.tnw_QPO9ybFP
It is one step at a time, and we won't even need to ask all these questions as we will glaringly see it ourselves. Rome was not built in a day and we cannot expect cryptocurrencies to take a huge turn just within a year.
Hey guys,
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
What hold us back is of the eraly stage of cypto, not all people are aware of it or know how to use crypto, and also companies accepting crypto is srill minimal. Maybe in the near future companies will come and invest on crypto and accept crypto as payments for services.
What I can state is that you are not by any means the only one in this and there is truly not a lot you can do to somebody who isn't prepared to learn it will simply be an entire exercise in futility which is something I don't anticipate that anyone will participate in. Whatever I do is simply to discuss it with any individual who considerations to tune in and proceed onward so it will be on record that I did my standard in illuminating you yet you disregard my expressions of counsel.When it turns out to be substantially more adequate and unmistakable by the more extensive gathering of people, maybe there is the likelihood for digital money to go standard.
Because the mainstream is owned by system compliant entities and they have of course no interest to advertise a for us people fair currency system.
If crypto currencies would benefit the established system, you can be rest assured that it would be positive advertised in the daily press.
If crypto currencies would benefit the established system, you can be rest assured that it would be positive advertised in the daily press.
And the fact that we've seen so many recent attacks from the mainstream, be it governments or JP Morgan, does seem to indicate that they now see cryptocoins as a genuine threat... which shows that cryptocoins are having more and more of an impact on the mainstream.
You have to remember that this is still new technology and it is in the front of most people's mind. You throw down the term "bitcoin" everyone has heard of it.
Also the fact is now that celebs have started to endorse cryptocurrencies it will be just a matter of time. I would sit back and wait my friend
Also the fact is now that celebs have started to endorse cryptocurrencies it will be just a matter of time. I would sit back and wait my friend
This is why i dont talk want to talk about bitcoin in my family or even if im in computershops because i think they will call me weird, bitcoin is not that like i see, they said its just a name of coin.
Crypto is going mainstream bud, nothing happens overnight, not anything this big anyway, its kreeping thru all the side streams prettysoon it will hit the rivers and overflow into the oceans.BOOM
Human nature gets in the way, as it tends to do. It is difficult to stabilize prices in a world where people would rather play the market and get instant gratification by re-selling their coins for as high a price as possible. Stable prices don’t just happen by accident. They require a carefully constructed foundation. A stable currency needs a stable ecosystem first.
With a truly stable currency, on the other hand, you can have currency conversion, remittance, ATM withdrawals and other financial services with lower fees than fiat systems. In other words, it can be used as intended — as money. This is what will ultimately attract a mainstream audience and will actually incentivize them to make the switch to cryptocurrency.
With a truly stable currency, on the other hand, you can have currency conversion, remittance, ATM withdrawals and other financial services with lower fees than fiat systems. In other words, it can be used as intended — as money. This is what will ultimately attract a mainstream audience and will actually incentivize them to make the switch to cryptocurrency.
Every new technology or change takes time in acceptance and Its natural. People who were trading through Traditional modes took time to accept the digital revolution some were against it, some in favor but lastly all did accept it as a part. The most prominent factor that is affecting its acceptance is the paramount concern is whether it can satisfy customer needs and deliver value in a better way. well, time is the key.
Hey guys,
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
just leave your friends and prove it real that in bitcoin can earn a tremendous income so that they will feel the consequences after humbling you before and they could have asked for your help to teach him from scratch. I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
I see, here in the Netherlands, mainly negative views on crypto and bitcoin in the media. Today there was an article in a national newspaper about ICO's that was mostly talking about scams, pyramid games, easy ways for companies to generate money without having to deal with regulations, etc.
These views are caused by many (the majority?) of ICO's that indeed seem scammy and fraudulent. The actually legit well-managed ICOs suffer from this image. For mainstraim adaptation, it certainly has to be regulated in some way.
Another thing is the association many people have between bitcoin and the black market/criminals. Furthermore, people don't understand the technology so it is 'scary'. I think mass adoption can only start with some viral campaign that educates people and makes them enthusiastic, but that is only possible after regulations have been adopted that make people feel secure against hackers and scams.
These views are caused by many (the majority?) of ICO's that indeed seem scammy and fraudulent. The actually legit well-managed ICOs suffer from this image. For mainstraim adaptation, it certainly has to be regulated in some way.
Another thing is the association many people have between bitcoin and the black market/criminals. Furthermore, people don't understand the technology so it is 'scary'. I think mass adoption can only start with some viral campaign that educates people and makes them enthusiastic, but that is only possible after regulations have been adopted that make people feel secure against hackers and scams.
Hey guys,
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
I don't get what's holding us back. Every time I talk about crypto with a family member or someone at work their eyes glaze over.
I feel like I'm the weirdo talking about klingon mating rituals!
Which makes me wonder - why are we still on the fringe? What could we do to take blockchain technology and make it accessible for everyone?
Anyway, that's my rant for today...
What do you think?
I keep thinking I'm late as I didn't get involved until 2017. But in fact I'm just late relative to most people on this forum. In fact I'm very early compared to the population at large.
Mainstream adoption will come, we're heading there slowly. The non-crypto world needs to catch up and develop the right infrastructure. Look at something like Ethereum smart contracts. People say this could underpin the next iteration of the internet. Yes it could, but it's still in the future. We need to be patient.
It's too easy to scam or to be scammed for common people at cryptoworld. It's really anarchy. Government institutes trying to adopt this market but it will take pretty much time.
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