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Title: Mainstream Post by: rememberme on April 14, 2015, 12:16:28 PM Which App/Company can bring massive BTC adoption to the world?
I think messaging apps with new features including BTC of course, can do it. Title: Re: Mainstream Post by: Lauda on April 14, 2015, 12:41:23 PM I'm not even sure that it could help much. We already have great companies on board such as Microsoft, Dell, Overstock, Newegg.
If you're looking at messaging apps then it would either be Viber of WhatsApp. Maybe we could get Viber to start accepting it, because to get WhatsApp on board we would have to get Facebook on board as well. Title: Re: Mainstream Post by: rememberme on April 14, 2015, 12:50:39 PM Which App/Company can bring massive BTC adoption to the world? Just ask yourself what you would like to buy with Bitcoin. For me it would be the most trivial things like groceries, so I'd be really happy if there was a service that would allow me to buy that with BTC.I think messaging apps with new features including BTC of course, can do it. If Bitcoin wants to succeed there have to be more ways of getting it like a possibility of getting part of your salary in Bitcoin and more ATMs. It can't only work one way. I agree, i was reading the white paper of SendChat "SendChat’s Store: In furthering empowering SendChat’s community, businesses will be able to sell their products and services through the SendChat store tab. All transactions can be performed in any cryptocurrency available in SendChat. Cryptocurrencies speed and ease of use will make a 1 click system in app purchasing the best option. This means consumers can focus on the purchase process and complete the transaction in a single click without reentering their payment details, making the payment process as fast and efficient as possible." Basically considering your Super-Market idea, if they have SendChat app (lets say Walmart) then you can do groceries with any crypto SendChat has. So imagine paying for your groceries with Doge or LTC? hahah Title: Re: Mainstream Post by: coinableS on April 14, 2015, 12:53:58 PM Circle or Coinbase or that new "mysterious" company 12 something? Anyway it's the company that simplifies bitcoin and makes it easy for the masses to understand and use. A month ago or so John Oliver made a joke about something being the only thing harder to spend than bitcoin. It has to useable by idiots in order to go mainstream.
Title: Re: Mainstream Post by: ChuckBuck on April 14, 2015, 01:00:19 PM Gaming!
Get one of those big mobile games that have those microtransactions to accept Bitcoins and advertise it heavily. Make it seem like BTC is the only way to get your loot: http://img1.wikia.nocookie.net/__cb20131024002827/plantsvszombies/images/6/61/GardenWarfareLogo.png http://thefusejoplin.com/wp-content/uploads/2015/02/candy-crush-soda-saga.jpg http://vignette4.wikia.nocookie.net/gow-fireage/images/3/3b/Wiki_logo.png/revision/latest?cb=20130923012616 Title: Re: Mainstream Post by: jjacob on April 14, 2015, 02:26:17 PM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. Integration with major telecom companies could provide a boost. Mobile penetration is increasing in the developing world. Title: Re: Mainstream Post by: rememberme on April 14, 2015, 02:38:39 PM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. Integration with major telecom companies could provide a boost. Mobile penetration is increasing in the developing world. Yea, out of all the whitepapers if read on this Mobile field (with BTC) SendChat is the most promising... lets see what they do. Title: Re: Mainstream Post by: GenTarkin on April 14, 2015, 02:47:04 PM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. You know whats interesting ... is purse.io is the place Ive probably used most of my btc ... its a great way to obtain btc & spend it =) Its a pretty unique application for bitcoin. Title: Re: Mainstream Post by: LiteCoinGuy on April 14, 2015, 02:47:15 PM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. MS is already working on BTC projects. they are pretty good with massive adoption ;) Title: Re: Mainstream Post by: thejaytiesto on April 14, 2015, 03:35:34 PM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. Official twitter tipping can singlehandedly make BTC explode to unprecedented highs. Imagine celebs using it to tip fans and stuff. Title: Re: Mainstream Post by: JayCoDon on April 14, 2015, 03:45:49 PM I think if Wal-Mart, Amazon, Overstock, or one of those large companies agreed to pay their vendors faster if they took bitcoin, we would suddenly see mainstream adoption.
Title: Re: Mainstream Post by: Lauda on April 14, 2015, 03:46:01 PM Gaming! Indeed. I've not even considered this on my first reply. Games that have a large userbase should definitely be targeted. I've heard of people buying thousands of $ worth of in-game gems/currency.Get one of those big mobile games that have those microtransactions to accept Bitcoins and advertise it heavily. Make it seem like BTC is the only way to get your loot: -snip- I guess some people really have money to spare for these kinds of things. Title: Re: Mainstream Post by: InvestONEr on April 14, 2015, 03:46:37 PM The BitNorm company.
Title: Re: Mainstream Post by: LiteCoinGuy on April 14, 2015, 03:51:18 PM I think if Wal-Mart, Amazon, Overstock, or one of those large companies agreed to pay their vendors faster if they took bitcoin, we would suddenly see mainstream adoption. Amazon already accepts Paycoin, they will never accept Bitcoin... /s Title: Re: Mainstream Post by: Amph on April 14, 2015, 03:56:38 PM there is only one thing that can truly make bitcoin mainstream in no time
the death of all fiat, but that is just a dream Title: Re: Mainstream Post by: randy8777 on April 14, 2015, 04:03:49 PM i hear people often say companies such as ebay, walmart, amazon will have a huge impact on bitcoin. i would think amazon by itself would already boost adoption.
Title: Re: Mainstream Post by: JayCoDon on April 14, 2015, 04:24:15 PM Just saying "we accept bitcoin" is not enough to gain mainstream adoption. Retailers need to offer an incentive to use bitcoin. So 10% off if you use bitcoin.
Title: Re: Mainstream Post by: TippingPoint on April 14, 2015, 04:45:43 PM Gaming! Get one of those big mobile games that have those microtransactions to accept Bitcoins and advertise it heavily. Make it seem like BTC is the only way to get your loot: I agree. That is the path. Title: Re: Mainstream Post by: cryptworld on April 14, 2015, 04:53:19 PM Mainstream companies of course
Google,Apple, Samsung,Amazon,Ebay,Paypal are the big companies that can make bitcoin more used with just one announcement Imagine they implement bitcoin in their payments systems or in their phones, it would be huge. Some of them are testing with bitcoin because they don't trust it yet, I hope they change their mind Title: Re: Mainstream Post by: ashour on April 14, 2015, 04:56:08 PM I think that once the banks and financial institutions realize that they can't kill bitcoin they will have to adapt it. If banks and stock exchanges start trading and accepting bitcoin then it will go mainstream. People trust banks more that bitcoin because they grew up with banks and etc, financial and banking apps that implement bitcoin will make bitcoin go mainstream.
Title: Re: Mainstream Post by: Lauda on April 14, 2015, 04:56:47 PM Mainstream companies of course Forget about Apple. We don't need them. They're evil.Google,Apple, Samsung,Amazon,Ebay,Paypal are the big companies that can make bitcoin more used with just one announcement Imagine they implement bitcoin in their payments systems or in their phones, it would be huge. Some of them are testing with bitcoin because they don't trust it yet, I hope they change their mind I'd personally like Google, Samsung and Amazon to join Bitcoin. It would be quite nice if you could pay for things in the Play store using Bitcoin. Although it would be more beneficial if companies such as Wallmart would adopt Bitcoin. People need 'more' reasons to buy Bitcoin. Being able to buy groceries is a pretty good reason? Title: Re: Mainstream Post by: TippingPoint on April 14, 2015, 05:20:03 PM Forget about Apple. We don't need them. They're evil. I'd personally like Google, Samsung and Amazon to join Bitcoin. It would be quite nice if you could pay for things in the Play store using Bitcoin. Although it would be more beneficial if companies such as Wallmart would adopt Bitcoin. People need 'more' reasons to buy Bitcoin. Being able to buy groceries is a pretty good reason? Samsung is a real possibility. Title: Re: Mainstream Post by: oblivi on April 14, 2015, 05:42:29 PM Mainstream companies of course Forget about Apple. We don't need them. They're evil.Google,Apple, Samsung,Amazon,Ebay,Paypal are the big companies that can make bitcoin more used with just one announcement Imagine they implement bitcoin in their payments systems or in their phones, it would be huge. Some of them are testing with bitcoin because they don't trust it yet, I hope they change their mind I'd personally like Google, Samsung and Amazon to join Bitcoin. It would be quite nice if you could pay for things in the Play store using Bitcoin. Although it would be more beneficial if companies such as Wallmart would adopt Bitcoin. People need 'more' reasons to buy Bitcoin. Being able to buy groceries is a pretty good reason? Title: Re: Mainstream Post by: Lauda on April 14, 2015, 05:53:45 PM I think Ebay is the most important. Its the biggest buy/sell place in the planet. BTC would be great there, because it would be way cheaper than using the scam that is Paypal with their abusive fees. Why would you say such a thing without doing research?Amazon revenue 2014 US$ 88.988 billion Ebay revenue 2013 US $16.05 billion Yes I know that Amazon has more products and that this doesn't show us the number of customers. However I'd definitely like the bigger of the two to join us. Samsung is a real possibility. Do you have some information or is this just something that you think is possible? Title: Re: Mainstream Post by: TippingPoint on April 14, 2015, 06:09:03 PM Do you have some information or is this just something that you think is possible? I believe that they are flexible, innovative, and have shown a preference for devices that use an open source operating system instead of a closed source operating system. And they are not directly under U.S. jurisdiction. In my opinion, those factors tend to make them potentially more receptive to Bitcoin than the others can be. Title: Re: Mainstream Post by: coinpr0n on April 15, 2015, 09:24:14 AM Google approval is probably as big as it gets. If Google evaded taxes by moving off shore and transacted in Bitcoin they would indeed be the Big Brother we've all been waiting for.
Title: Re: Mainstream Post by: crazyivan on April 15, 2015, 09:49:36 AM I would put my money on Wall Street. Once big investment funds start investing and trading BTC, it ll become mainstream and no different then any other commodity like oil, corn or gas. The problem is that none of these firm s gonna touch BTC unless there is the appropriate legislation in place, especially the one aimed towards consumer protection. So yes, we need some forum of lose legislation first.
Title: Re: Mainstream Post by: ChuckBuck on April 15, 2015, 02:43:42 PM Samsung is a real possibility. Do you have some information or is this just something that you think is possible? Samsung already has plans for Bitcoin... http://www.bloomberg.com/news/articles/2015-04-10/samsung-plans-to-take-bitcoin-technology-beyond-virtual-currency Quote Samsung Electronics Co. is working with International Business Machines Corp. to use bitcoin technology for new applications. While bitcoin’s price has almost halved in the past year and the prospects for the digital currency are uncertain, its underlying software is attracting companies like phone makers, carriers and banks. That’s because the technology can be tweaked to record changes in ownership of any asset in a public ledger using a distributed network of computers or mobile phones. It could help facilitate all types of online transactions. Samsung Research America, a division based in Silicon Valley, has researchers looking at using the so-called bitcoin blockchain to design better ways to verify “that what you say is authentic is authentic,” said Steven Rahman, director of strategy at the research division. Samsung makes electronics ranging from Galaxy smartphones to home appliances and TVs. The Suwon, South Korea-based company also runs music radio and video services, a mobile-payment service, and offers a variety of apps. “The blockchain technology is very interesting in general, and it can be applied in a lot of areas,” Rahman said. “Currency, it’s just the first use case. You could imagine that anything, like prescriptions, could be managed with the blockchain technology.” Samsung Research America usually develops technologies that may be used in commercial products in two to five years, he said, declining to provide further details about the bitcoin project. Storage Alternative The bitcoin blockchain could allow for cheaper money transfer and be used for storage of files like songs and videos, which currently require companies to either buy hundreds of servers or lease capacity from other service providers. Other companies have become interested in the technology. Orange SA’s Silicon Valley-based venture-capital arm has said it’s looking to invest in bitcoin startups. This year Nasdaq OMX Group Inc. licensed its technology to a bitcoin trading company, while the New York Stock Exchange invested in bitcoin startup Coinbase. Steve Tomasco, a spokesman for IBM, didn’t respond to a request for comment. Everybody in Silicon Valley loves them some Blockchain! The currency not so much, but thank goodness for that Blockchain invention. Thank you Satoshi!!! Title: Re: Mainstream Post by: ikydesu on April 15, 2015, 03:52:05 PM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. I think messaging apps not really effected, more big company will be effected i think, from gaming company especially! Steam! and i see samsung already plan to adopt bitcoin, thanks @ChuckBuck :) ~iki Title: Re: Mainstream Post by: crazyivan on April 15, 2015, 03:53:44 PM Samsung is a real possibility. Do you have some information or is this just something that you think is possible? Samsung already has plans for Bitcoin... http://www.bloomberg.com/news/articles/2015-04-10/samsung-plans-to-take-bitcoin-technology-beyond-virtual-currency Quote Samsung Electronics Co. is working with International Business Machines Corp. to use bitcoin technology for new applications. While bitcoin’s price has almost halved in the past year and the prospects for the digital currency are uncertain, its underlying software is attracting companies like phone makers, carriers and banks. That’s because the technology can be tweaked to record changes in ownership of any asset in a public ledger using a distributed network of computers or mobile phones. It could help facilitate all types of online transactions. Samsung Research America, a division based in Silicon Valley, has researchers looking at using the so-called bitcoin blockchain to design better ways to verify “that what you say is authentic is authentic,” said Steven Rahman, director of strategy at the research division. Samsung makes electronics ranging from Galaxy smartphones to home appliances and TVs. The Suwon, South Korea-based company also runs music radio and video services, a mobile-payment service, and offers a variety of apps. “The blockchain technology is very interesting in general, and it can be applied in a lot of areas,” Rahman said. “Currency, it’s just the first use case. You could imagine that anything, like prescriptions, could be managed with the blockchain technology.” Samsung Research America usually develops technologies that may be used in commercial products in two to five years, he said, declining to provide further details about the bitcoin project. Storage Alternative The bitcoin blockchain could allow for cheaper money transfer and be used for storage of files like songs and videos, which currently require companies to either buy hundreds of servers or lease capacity from other service providers. Other companies have become interested in the technology. Orange SA’s Silicon Valley-based venture-capital arm has said it’s looking to invest in bitcoin startups. This year Nasdaq OMX Group Inc. licensed its technology to a bitcoin trading company, while the New York Stock Exchange invested in bitcoin startup Coinbase. Steve Tomasco, a spokesman for IBM, didn’t respond to a request for comment. Everybody in Silicon Valley loves them some Blockchain! The currency not so much, but thank goodness for that Blockchain invention. Thank you Satoshi!!! There a difference between companies being interested in blockchain tech and use it for some kind of data transmission or even try to design their own coin at the top of it and companies being interested in BTC. Most of big ones like blockchain but are not yet sure about BTC. Cause blockchain is a free tech and does not need any special permit or regulatory framework. Title: Re: Mainstream Post by: JayCoDon on April 15, 2015, 03:59:14 PM I like the argument that Wall street getting involved will help bitcoin go mainstream. I think it depends on what you mean by mainstream. Opening bitcoin up as an investment? Sure, an ETF and Wall Street trading bitcoin will both help bitcoin grow a ton. If you're talking about the average user using it, then I think it's businesses participating intelligently with bitcoin.
Title: Re: Mainstream Post by: jjacob on April 15, 2015, 04:26:27 PM I like the argument that Wall street getting involved will help bitcoin go mainstream. I guess Wall Street will get in when Bitcoin is in its initial mainstream phase. The money will start flowing in only when those punters are sure there is money to be made. :) Title: Re: Mainstream Post by: JayCoDon on April 15, 2015, 04:50:47 PM If any Wall Street trader starting to actively trade bitcoin, they'd make tons. It's so volatile that they could really make plenty of money. I think Wall Street is going to really start getting involved over the next 3-6 months.
Title: Re: Mainstream Post by: ashour on April 15, 2015, 04:54:21 PM If any Wall Street trader starting to actively trade bitcoin, they'd make tons. It's so volatile that they could really make plenty of money. I think Wall Street is going to really start getting involved over the next 3-6 months. Well I hoe wall street starts trading bitcoin soon, this would bring more services to the bitcoin space, higher trading volume which is good liquidating bitcoin to fiat and vice versa and much more. It's just a matter of time until wall street gets involved in bitcoin trading.Title: Re: Mainstream Post by: JayCoDon on April 15, 2015, 04:56:21 PM With the news about Noble Markets launching soon, that should help get Wall Street in.
Title: Re: Mainstream Post by: Valta Crypto on April 15, 2015, 05:03:56 PM If any Wall Street trader starting to actively trade bitcoin, they'd make tons. It's so volatile that they could really make plenty of money. I think Wall Street is going to really start getting involved over the next 3-6 months. They stay away until there's unhackable decentralized exchanges. Title: Re: Mainstream Post by: Paashaas on April 15, 2015, 05:26:35 PM I would put my money on Wall Street. Once big investment funds start investing and trading BTC, it ll become mainstream and no different then any other commodity like oil, corn or gas. The problem is that none of these firm s gonna touch BTC unless there is the appropriate legislation in place, especially the one aimed towards consumer protection. So yes, we need some forum of lose legislation first. Maybe Gemini will do the job, it sounds a legit top-nutch exchange. Title: Re: Mainstream Post by: ashour on April 15, 2015, 07:28:49 PM I would put my money on Wall Street. Once big investment funds start investing and trading BTC, it ll become mainstream and no different then any other commodity like oil, corn or gas. The problem is that none of these firm s gonna touch BTC unless there is the appropriate legislation in place, especially the one aimed towards consumer protection. So yes, we need some forum of lose legislation first. Maybe Gemini will do the job, it sounds a legit top-nutch exchange. Title: Re: Mainstream Post by: crazyivan on April 16, 2015, 05:47:53 AM I would put my money on Wall Street. Once big investment funds start investing and trading BTC, it ll become mainstream and no different then any other commodity like oil, corn or gas. The problem is that none of these firm s gonna touch BTC unless there is the appropriate legislation in place, especially the one aimed towards consumer protection. So yes, we need some forum of lose legislation first. Maybe Gemini will do the job, it sounds a legit top-nutch exchange. Yes, I ve noticed this as well. After leaking the news about them being online before summer, no info at all. Why do you think this is? Still waiting for papers? Title: Re: Mainstream Post by: Hazir on April 16, 2015, 05:56:24 AM I know that the bitcoin is Mainstream when I will see that small signs in the windows of the shops in my city. You know, that little VISA, MasterCard etc. stickers but instead with Bitcoin logo - BTC
It doesn't have to be necessarily through one big company like Apple or Samsung that bitcoin will break through to the mainstream. I think we need just to raise mass public awareness of what bitcoin is and then everybody will follow. Title: Re: Mainstream Post by: Kprawn on April 16, 2015, 06:41:34 AM I think, incorporating Bitcoin into premium games, will do it. ;)
Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D Title: Re: Mainstream Post by: Hazir on April 16, 2015, 07:01:25 AM I think, incorporating Bitcoin into premium games, will do it. ;) While I understand you ideas and I share your opinion. I want to clarify some things.Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D 1. Tipping in game - this functionality won't work in titles like CoD or Starcraft imo. It only could work with titles where integration with people are part of the game like MMORPG. Let's be realistic. You are not gonna tip a dude who killed you in CoD, you instead will be more likely to blame him for cheating. 2. To this date no game company created any alt coin r within the meaning of that term. The closest project you can call alt currency in game is this: http://www.pcgamer.com/world-of-warcrafts-new-token-currency-sheds-a-quarter-of-its-value-in-one-day/ 3. Facebook is not the key here, many people are still not using it. It will however raise general public crypto awareness. Title: Re: Mainstream Post by: Amph on April 16, 2015, 07:06:11 AM I think, incorporating Bitcoin into premium games, will do it. ;) While I understand you ideas and I share your opinion. I want to clarify some things.Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D 1. Tipping in game - this functionality won't work in titles like CoD or Starcraft imo. It only could work with titles where integration with people are part of the game like MMORPG. Let's be realistic. You are not gonna tip a dude who killed you in CoD, you instead will be more likely to blame him for cheating. 2. To this date no game company created any alt coin r within the meaning of that term. The closest project you can call alt currency in game is this: http://www.pcgamer.com/world-of-warcrafts-new-token-currency-sheds-a-quarter-of-its-value-in-one-day/ 3. Facebook is not the key here, many people are still not using it. It will however raise general public crypto awareness. well you do not integrate bitcoin in those game, with tips, there numerous way to integrate it for example for CSGO, you can reward those who got the most kills ratio or the most score, or who come in the first 3 spots at the end of the match for starcraft is the same, you can base the reward on score or the position on the ladder at the of the season Title: Re: Mainstream Post by: Hazir on April 16, 2015, 07:33:24 AM I think, incorporating Bitcoin into premium games, will do it. ;) While I understand you ideas and I share your opinion. I want to clarify some things.Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D 1. Tipping in game - this functionality won't work in titles like CoD or Starcraft imo. It only could work with titles where integration with people are part of the game like MMORPG. Let's be realistic. You are not gonna tip a dude who killed you in CoD, you instead will be more likely to blame him for cheating. 2. To this date no game company created any alt coin r within the meaning of that term. The closest project you can call alt currency in game is this: http://www.pcgamer.com/world-of-warcrafts-new-token-currency-sheds-a-quarter-of-its-value-in-one-day/ 3. Facebook is not the key here, many people are still not using it. It will however raise general public crypto awareness. well you do not integrate bitcoin in those game, with tips, there numerous way to integrate it for example for CSGO, you can reward those who got the most kills ratio or the most score, or who come in the first 3 spots at the end of the match for starcraft is the same, you can base the reward on score or the position on the ladder at the of the season Title: Re: Mainstream Post by: Amph on April 16, 2015, 07:37:53 AM I think, incorporating Bitcoin into premium games, will do it. ;) While I understand you ideas and I share your opinion. I want to clarify some things.Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D 1. Tipping in game - this functionality won't work in titles like CoD or Starcraft imo. It only could work with titles where integration with people are part of the game like MMORPG. Let's be realistic. You are not gonna tip a dude who killed you in CoD, you instead will be more likely to blame him for cheating. 2. To this date no game company created any alt coin r within the meaning of that term. The closest project you can call alt currency in game is this: http://www.pcgamer.com/world-of-warcrafts-new-token-currency-sheds-a-quarter-of-its-value-in-one-day/ 3. Facebook is not the key here, many people are still not using it. It will however raise general public crypto awareness. well you do not integrate bitcoin in those game, with tips, there numerous way to integrate it for example for CSGO, you can reward those who got the most kills ratio or the most score, or who come in the first 3 spots at the end of the match for starcraft is the same, you can base the reward on score or the position on the ladder at the of the season wait i'm not taking about tipping, tipping could work well like you said in a mmorpg or those kinda of game, but for fps and rts, they could integrate an earning system directly in to the game that pay in bitcoin, i know that for now no one will due these(they are only doing it for the tournament), but it is certainly possible, it would attract more gamers as well Title: Re: Mainstream Post by: coinpr0n on April 16, 2015, 12:44:45 PM I'm not even sure that it could help much. We already have great companies on board such as Microsoft, Dell, Overstock, Newegg. If you're looking at messaging apps then it would either be Viber of WhatsApp. Maybe we could get Viber to start accepting it, because to get WhatsApp on board we would have to get Facebook on board as well. Do you think that WhatsApp will accept the payment of the sum (after using it for 1 year) in bitcoins? I know it's not the same but Telegram has a lot going for it, and seems to be more aligned with the Bitcoin ecosystem. Hope they introduce something like that into Telegram. Title: Re: Mainstream Post by: rememberme on April 16, 2015, 01:24:11 PM Its funny you mention Telegram, i saw SendChat is built on top of it.
Title: Re: Mainstream Post by: dothebeats on April 16, 2015, 02:24:04 PM I think, incorporating Bitcoin into premium games, will do it. ;) Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D If popular games like you've mentioned above start integrating bitcoin as a way of paying for in-game purchases, then the demand for bitcoins might see an appreciation. Also, die-hard gamers will surely look into getting bitcoins for online purchases because of its fast transactions and, well, anonymity. Title: Re: Mainstream Post by: manselr on April 16, 2015, 02:44:30 PM I think, incorporating Bitcoin into premium games, will do it. ;) I would love to see a multiplayer game like the elders scrolls, or minecraft itself, with a living real economy based on BTC (but of course in game it would need to have another game, since Bitcoin sounds too futuristic).Imagine "World of Warcraft" or "Starcraft" or "Call of Duty" and many of the big titles, having BTC built in for tipping {ingame} and on the forums. Any of the MORPG's can easily incorporate it and we will see a explotion in the demand for Bitcoin. Instead... These games are spending millions into creating their own crypto currencies and trying to re-invent the wheel. ??? The day, when "Facebook" adopt Bitcoin fully, will be the day when we "Go to the Moon" ;D Title: Re: Mainstream Post by: crazyivan on April 17, 2015, 07:09:41 AM This is what we need for mainstream adoption:
http://www.coindesk.com/nydfs-expects-final-bitlicense-very-soon/ Some form of consumer protection and it s going to be here soon. Title: Re: Mainstream Post by: Amph on April 17, 2015, 11:08:43 AM i want to add that bitcoin mainstream isn't only when bitcoin will reach a good price and will be used on large scale(adoption ecc...), but the real bitcoin mainstream will be available only when btc will be used directly, and it will not depend again from fiat
Title: Re: Mainstream Post by: Jybrael on April 17, 2015, 11:16:09 AM i want to add that bitcoin mainstream isn't only when bitcoin will reach a good price and will be used on large scale(adoption ecc...), but the real bitcoin mainstream will be available only when btc will be used directly, and it will not depend again from fiat Ofcourse mate. And I am looking forward to that with the release of Bitcoin related ATMs in a lot of different countries I think that might not be that far off in the future..just depends on how much we can market it and have people adopt it. Title: Re: Mainstream Post by: tzpardi on April 17, 2015, 11:20:40 AM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. I think companies that operates in the adult or gambling industry, there is the money. Title: Re: Mainstream Post by: coinpr0n on April 17, 2015, 01:13:11 PM i want to add that bitcoin mainstream isn't only when bitcoin will reach a good price and will be used on large scale(adoption ecc...), but the real bitcoin mainstream will be available only when btc will be used directly, and it will not depend again from fiat I would add that if/when Bitcoin goes mainstream it will be common to be paid for jobs in bitcoin. Once people are accustomed to receiving bitcoin they will eventually be accustomed to spending bitcoin too. No longer would exchanges be so necessary, except for the day-traders and hedging investments. Title: Re: Mainstream Post by: MicroGuy on April 17, 2015, 01:48:57 PM Which App/Company can bring massive BTC adoption to the world? Create an impenetrable online pharmacy that requires no prescription and is open to everyone worldwide and the Bitcoin dream will be realized. Title: Re: Mainstream Post by: rememberme on April 17, 2015, 01:55:02 PM Well someone uses drugs
Title: Re: Mainstream Post by: Q7 on April 17, 2015, 02:32:31 PM I always thought gaming with a large fan base will be the one making the difference especially when it is adopted as an in-game currency. Or another potential area is the trading marketplace where bitcoin is one of the payment currency. Either way both will have the largest impact considering the volume to attract new users who will be spending a lot
Title: Re: Mainstream Post by: dothebeats on April 17, 2015, 04:23:32 PM i want to add that bitcoin mainstream isn't only when bitcoin will reach a good price and will be used on large scale(adoption ecc...), but the real bitcoin mainstream will be available only when btc will be used directly, and it will not depend again from fiat I would add that if/when Bitcoin goes mainstream it will be common to be paid for jobs in bitcoin. Once people are accustomed to receiving bitcoin they will eventually be accustomed to spending bitcoin too. No longer would exchanges be so necessary, except for the day-traders and hedging investments. Exactly. The above-mentioned scenario could drastically increase the demand for bitcoins because companies are using it as wages for their employees. Also, if it sees widespread adoption, using bitcoins as a payment for day-to-day transactions would only be a normal scenario for us. Well someone uses drugs Illegal activities that happened/is happening in the Deep Web and other places tainted bitcoin's image in the eyes of the people who are not yet involved in this cryptocurrency. It is bad, yes, but still it paved a way for people to search and look upon this currency. Also, we cannot deny the fact that every currency available in this world is tainted by illegal activities and crimes, which I think isn't that far from bitcoins. I always thought gaming with a large fan base will be the one making the difference especially when it is adopted as an in-game currency. Or another potential area is the trading marketplace where bitcoin is one of the payment currency. Either way both will have the largest impact considering the volume to attract new users who will be spending a lot Gaming companies could really help bitcoin gain a wide-audience due to the impact of their games in the masses. If in-game items and currencies can be purchased with bitcoins, then there will be another option for hardcore gamers to pay for their top-ups and accessories in-game. Personally (without bias and stuff like that), I would use a payment system that would really help me get my desired items in-game without hassles and issues. The fast transaction that is present within the bitcoin network could help me achieve my goal, and as a gamer, I wouldn't want my games to be delayed by waiting for what I pay for; I would always want to be in every action there is with top-ups that could help me play with ease and advantage over the others, and I think bitcoin would probably help me in that. Title: Re: Mainstream Post by: rememberme on April 17, 2015, 04:26:06 PM Illegal activities that happened/is happening in the Deep Web and other places tainted bitcoin's image in the eyes of the people who are not yet involved in this cryptocurrency. It is bad, yes, but still it paved a way for people to search and look upon this currency. Also, we cannot deny the fact that every currency available in this world is tainted by illegal activities and crimes, which I think isn't that far from bitcoins.
^Fully aware of this, SilkRoad. Thanks for elaborating on the thread. Title: Re: Mainstream Post by: dothebeats on April 17, 2015, 04:53:54 PM Illegal activities that happened/is happening in the Deep Web and other places tainted bitcoin's image in the eyes of the people who are not yet involved in this cryptocurrency. It is bad, yes, but still it paved a way for people to search and look upon this currency. Also, we cannot deny the fact that every currency available in this world is tainted by illegal activities and crimes, which I think isn't that far from bitcoins. ^Fully aware of this, SilkRoad. Thanks for elaborating on the thread. And don't forget that fiat money is also involved in different transnational crimes and illegal activities. Money laundering, drug and human trafficking, any illegal activity that you can think of, also works within fiat. Illegal activities are more evident in fiat compared to bitcoin, and that alone would be pretty discouraging as a user of fiat if you might ask me. But oh well, people have been accustomed in using fiat, and I'm pretty sure that they will have a hard time switching to cryptos sooner or later even though fiat is more tainted with stains of evil. Title: Re: Mainstream Post by: D05GTO on April 17, 2015, 06:56:35 PM I agree with dothebeats. Game economies could really be a big thing by using Bitcoin. Although, most of the companies want to profit off their in game currencies. Man the Everquest series and Sony- Station Cash.
Don't really have a problem with maybe alts using that market. One of the ones I'm waiting on that will come out in Beta in mid may is Blakezone. http://www.blakezone.com/ Game designed by the dev of Blakecoin. Looks like a good start to me. Good games takes lots of time to develop though. Title: Re: Mainstream Post by: Hydros on April 17, 2015, 07:46:53 PM It would work great in third world countries where people can send money home to their families easily and without a large fee compared to going through banks etc.
Title: Re: Mainstream Post by: aeno19 on May 06, 2015, 01:46:53 PM One of the company that can make bitcoin popular is online shop/online market
if the online shop uses bitcoin as a payment, the costumer will know about bitcoin. Title: Re: Mainstream Post by: louise123 on May 06, 2015, 02:12:11 PM One of the company that can make bitcoin popular is online shop/online market if the online shop uses bitcoin as a payment, the costumer will know about bitcoin. Many online shops accept Bitcoin. Many retail stores accept Bitcoin too. We didn't see it go mainstream yet. You know why? Because it's still too early ;) Title: Re: Mainstream Post by: totemITnow on May 06, 2015, 04:17:37 PM The trick is having companies take btc but not having them dump it for fiat.
Title: Re: Mainstream Post by: MUFC on May 06, 2015, 04:31:39 PM The trick is having companies take btc but not having them dump it for fiat. Doesn't matter. Money is going in and out of bitcoin all the time and this is no difference, what we really need is more demand to lower the supply so more merchants are desperately needed. This whole thing about merchants exchanging their coins for cash which in turn lowers the value is a myth and based on faulty logic Title: Re: Mainstream Post by: LFC_Bitcoin on May 06, 2015, 04:55:41 PM What's the biggest shop in the world?
Amazon is the biggest online marketplace in the world so if Amazon accepted bitcoin we'd probably be moon bound. Ebay accepting bitcoin as payment would be huge too. There are only ever 21 million bitcoins to be mined so I pray we get some huge merchants accepting us soon. Maybe if apple accepted bitcoin as a payment option for their apps that's be massively bullish too. All it takes is 1 or 2 massive organisations to start accepting bitcoin & it could hopefully be a domino effect. I'm from the UK but I bet Costco accepting bitcoin would be massively positive too. Title: Re: Mainstream Post by: sana54210 on May 06, 2015, 05:15:49 PM Bitcoin takes time to become mainstream, i think any company which has huge userbase, restricts its payment method to bitcoins, can have a huge impact, or if facebook enables an option where people can transfer money to others bank account using bitcoin and facebook as a mediator, it will have a huge impact and atm it is just an unclear dream :)
Title: Re: Mainstream Post by: Amph on May 06, 2015, 06:55:41 PM One of the company that can make bitcoin popular is online shop/online market if the online shop uses bitcoin as a payment, the costumer will know about bitcoin. Many online shops accept Bitcoin. Many retail stores accept Bitcoin too. We didn't see it go mainstream yet. You know why? Because it's still too early ;) i dont think so, it's due to the fact that they are still working with fiat too, as long as you can choose fiat, the average people will choose, it they need to force people to use bitcoin, is the only way to fast forward the adoption Title: Re: Mainstream Post by: rememberme on May 08, 2015, 08:25:05 PM The trick is having companies take btc but not having them dump it for fiat. +1 Title: Re: Mainstream Post by: tyz on May 08, 2015, 09:28:00 PM I thought a lot about this topic. One of my conclutions: Think about, Bitcoin and Gold have common characteristics. Why hasn't Gold been reached mainstream adaption as payment section yet? It is a secure value storage since thousands of years. Because it is not practical for most of the people. Like Bitcoin it is only interested for a small group of idealists and speculators.
Title: Re: Mainstream Post by: rememberme on May 09, 2015, 10:13:08 AM Bills are cheaper to manufacture, gold was used as currency before.
To conclude, Bitcoin is like Gold but easy to manufacture, hence the possibility of mainstream adoption Title: Re: Mainstream Post by: jacktheking on May 09, 2015, 10:25:22 AM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.
Title: Re: Mainstream Post by: shulio on May 09, 2015, 10:34:29 AM One of the company that can make bitcoin popular is online shop/online market if the online shop uses bitcoin as a payment, the costumer will know about bitcoin. Many online shops accept Bitcoin. Many retail stores accept Bitcoin too. We didn't see it go mainstream yet. You know why? Because it's still too early ;) i dont think so, it's due to the fact that they are still working with fiat too, as long as you can choose fiat, the average people will choose, it they need to force people to use bitcoin, is the only way to fast forward the adoption There is a risk that people will not purchase anything from that shop it if accepts bitcoin only because using fiat is much more easier than using bitcoin. Forcing people to accept bitcoin only not a good idea but making it side by side will always make people choose fiat more for this case Title: Re: Mainstream Post by: Daniel91 on May 09, 2015, 12:54:00 PM One of the company that can make bitcoin popular is online shop/online market if the online shop uses bitcoin as a payment, the costumer will know about bitcoin. Many online shops accept Bitcoin. Many retail stores accept Bitcoin too. We didn't see it go mainstream yet. You know why? Because it's still too early ;) i dont think so, it's due to the fact that they are still working with fiat too, as long as you can choose fiat, the average people will choose, it they need to force people to use bitcoin, is the only way to fast forward the adoption There is a risk that people will not purchase anything from that shop it if accepts bitcoin only because using fiat is much more easier than using bitcoin. Forcing people to accept bitcoin only not a good idea but making it side by side will always make people choose fiat more for this case I don't think that such idea is realistic. Merchants will never accept only one way of online payment, no way. They will always try to implement as many payment options as possible, in order to be convenient for many customers as possible. If ''big'' merchants will accept BTC or not depends mostly of number of users using bitcoin every day. If many people ask amazon and other big merchants to add bitcoin as payment option, they will do this. So, everything depends on us first, bitcoin users. Go out and force them to accept us :) Title: Re: Mainstream Post by: s.mouse on May 09, 2015, 02:23:11 PM I thought a lot about this topic. One of my conclutions: Think about, Bitcoin and Gold have common characteristics. Why hasn't Gold been reached mainstream adaption as payment section yet? It is a secure value storage since thousands of years. Because it is not practical for most of the people. Like Bitcoin it is only interested for a small group of idealists and speculators. Probably because gold is absolutely rubbish as a currency. It's just not practical at all. Bitcoin is far superior than gold as a currency in every imaginable way. Title: Re: Mainstream Post by: Slark on May 09, 2015, 03:54:31 PM I think if government would incorporate bitcoin payments it would be it - a total revolution. But it won't happen probably. So maybe that if companies like Apple, Google, Samsung or major retailers like Walmart or Amazon would acknowledge bitcoin then it would be awesome leap for bitcoin. But again - Microsoft is accepting bitcoin AFAIK and nothing really changed so... I am not so sure anymore... :/
Title: Re: Mainstream Post by: redsn0w on May 09, 2015, 03:59:20 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : "when the technology will be too far ahead it will be really a problem." I think if government would incorporate bitcoin payments it would be it - a total revolution. But it won't happen probably. So maybe that if companies like Apple, Google, Samsung or major retailers like Walmart or Amazon would acknowledge bitcoin then it would be awesome leap for bitcoin. But again - Microsoft is accepting bitcoin AFAIK and nothing really changed so... I am not so sure anymore... :/ The government can't control at 100% bitcoin.... so I think if bitcoin wants to "succeed" (against the actual economic system) the actual type of goverm. should die (it is not compatible with BTC). Title: Re: Mainstream Post by: Amph on May 09, 2015, 04:44:12 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price amazon instead is really needed as they have a huge volume, even bigger than ebay, they could rise adoption to a whole new level Title: Re: Mainstream Post by: redsn0w on May 09, 2015, 04:47:01 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Title: Re: Mainstream Post by: moriartybitcoin on May 09, 2015, 11:40:21 PM Oddly, adoption is going down not up .. just check the volumes of the major exchanges. Mainstream adoption is still a long way off ..
Title: Re: Mainstream Post by: Amph on May 10, 2015, 07:12:21 AM I hope you realize that these stores will quickly convert into fiat, so ebay or Amazon accepting Bitcoin will only only result in more dumps. People have to be paid in Bitcoin for the cycle to be complete. You already can spend coins in many different stores or just buy Amazon gift cards if you want to shop there. Getting Bitcoin is actually more difficult than spending it and I can't imagine the whole world using exchanges to buy coins on a daily basis. they will help stabilize the price and rise the bitconi acceptance all over the world, not to mention, that more people will feel secure about using bitcoin, the dump was already happened with other big merchants when they started using bitcoin, but then it was mitagated with time Title: Re: Mainstream Post by: BTC_Superman on May 10, 2015, 07:37:07 AM I think all social media like facebook, twitter can play a vital role if they accept Bitcoin for advertisement.
Title: Re: Mainstream Post by: Pingu on May 10, 2015, 07:50:20 AM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely. Title: Re: Mainstream Post by: Wolframite on May 10, 2015, 08:17:09 AM Which App/Company can bring massive BTC adoption to the world? I think messaging apps with new features including BTC of course, can do it. Using btc in all possible fields will make it more adoptive ... More ATM would help Title: Re: Mainstream Post by: redsn0w on May 10, 2015, 11:39:09 AM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely. What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov. Title: Re: Mainstream Post by: YellowandGreen on May 10, 2015, 03:02:40 PM As someone who has skirted around the bitcoin discussion for a while, observing but never engaging, its selling the idea of bitcoin that has always seemed like the biggest obstacle to mainstream acceptance. Not only describing what it is and how it works - but why. Keeping in mind you rarely can keep anyones interest for that long in the modern age. I remember hearing a talk on it last year, where everyone in the room had already bought into the idea (it was at a tech company), and the energy and excitement in the room was palpable. I get home and try and convey that energy to my friends and family, but it just didn't translate. There was too much to explain (and I'm pretty good with words.
Does anyone else find this to be the case? Title: Re: Mainstream Post by: gentlemand on May 10, 2015, 03:11:05 PM As someone who has skirted around the bitcoin discussion for a while, observing but never engaging, its selling the idea of bitcoin that has always seemed like the biggest obstacle to mainstream acceptance. Agreed. But right now there really isn't any reason for a first worlder to take the plunge apart from the occasional heavy discount from Newegg etc. There's a risk they'll make a balls up with their coins and the idea of paying a premium for a currency so you can spend it in places that accept what you already have in your bank account doesn't make sense. Circle and Coinbase have small premiums but it's still an extra cost. In other countries you might be looking at paying 10% or more for the honour of obtaining BTC to spend. The people who are excited now are those with vision and it's the future potential that's inspiring them. The average person looking at an early 90s internet message board would not have gotten a boner. If they could look at that and foresee youtube then they would've been all over it. Not many think that way. The reasons to compel someone to have a dabble don't exist yet beyond pure curiosity. Those reasons will come with time. They might be positive or scary. Title: Re: Mainstream Post by: AtheistAKASaneBrain on May 10, 2015, 03:27:40 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely. What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov. Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC? Title: Re: Mainstream Post by: redsn0w on May 10, 2015, 03:37:25 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely. What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov. Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC? Finally someone that have understand my words, bitcoin will never replace the FIAT currencies until those type of money will die (with all his gov. and banks). so basically bitcoin is not compatible with this actual economic system, and no one can say the contrary. Title: Re: Mainstream Post by: YellowandGreen on May 10, 2015, 03:47:36 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely. What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov. Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC? Finally someone that have understand my words, bitcoin will never replace the FIAT currencies until those type of money will die (with all his gov. and banks). so basically bitcoin is not compatible with this actual economic system, and no one can say the contrary. I agree with that, but bitcoin can become mainstream without necessarily replacing FIAT currencies. I personally think it will be bitcoin's lack of international boundaries will see if gaining popularity within the travel sphere. Title: Re: Mainstream Post by: Amph on May 10, 2015, 05:49:28 PM If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft. It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting ::)). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said : ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor). Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely. What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov. Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC? i've already said that in another thread, but i want to repeat it here, you can pay taxes with bitcoin there are services for that, like cashila and bitbill.eu for europian , and many other who to play safe and be regulated can pay using those site, without all the hassles of using fiat |
