Bitcoin Forum

Hey pals,
I would to like to know about bitcoin adoption in your cities and please let here know, If bitcoin adoption happens for worldwide transaction and business goods purchasing means what will happen?
Then what governments will do?

Bitcoin is still going strong, and with Steam coming on board soon, we will see a whole generation of young people coming this way. I am optimistic that 2016 will be the year where Bitcoin adoption will surge and mainstream adoption will follow. SegWit and upgrades to the protocol will change the scaling options to prepare for this and we will see some good prices for the rest of the year.

The Halving event will also bump things in the right direction for us to have a good Xmas. 

Bitcoin world most strong currency you can look over recent charts and surveys which are indicating about it is natural growth and adoption around the world, as time is passing it getting more attention from very big merchants and community growing more bigger so no doubt this year it will be more stronger currency than before.

in my country there is no significant adoption yet, people mostly don't know about bitcoin and those who know what bitcoin is are only using faucets to earn peanuts and sell them for fiat.

but i hope this changes in the future, and i think if it becomes globally accepted then government will definitely regulate bitcoin because they will have no other choice.

I do not care what will be done by the government. as long as I do not use bitcoin for things that are illegal then all will be fine. bitcoin adoption is very good, and it can make a profit in the future but at the moment I have not fully done that

Government no need to give anything to bitcoins and its community. As we see bitcoin price pump now that will increase soon. Halving is the main key present So wait for that go to Skyrocket...

I still wonder as to why people keep creating threads that are indirectly just baseless speculating.

That means that Bitcoin has become a global currency. Nothing special; you could say "goal reached" at that point.

Nobody really knows, and those that do write something in regards to it are just speculating.

No, it isn't.

Coins.ph is doing a wonderful job in getting bitcoin used here in the Philippines. Bills, phone credits, payments, remittances, and more. The only thing I really need right now here is a bitcoin debit card that I can use locally. 

In my country i haven't seen any adoption (at least in my city), nobody talks or has heard about bitcoin so it's hard to introduce them into the bitcoin world. About your question what will government do, they will probably apply tax when business sell through bitcoin.

Government will not support if the bitcoin affects the circulation of their own national currency. Right now if users go through the bitcoin technology surely more will adopt as price is increasing in a stable manner.

Bitcoin use is still very low here and not many bitcoiners. However, if bitcoin becomes a popular worldwide currency, local government is not going to let it go without getting tax from the use of it.

I really don't see government getting into it to support it, but we will see the great adaption in coming years once bitcoin gets popular across the globe.

in my country bitcoin grow so fast in last year and 2014,but now its not like past,seems slow and many people start leave bitcoin. and i'm sure this is will make goverment still comfor to watch out bitcoin movement in my country.

if bitcoin continues the way it is growing, with the stable price rise then i would expect a big popularity for bitcoin in the near future (this year) which will lead to bigger adoption and much higher price that will stay instead of falling back.
and i hope because of this in my country they start accepting bitcoin more.

the good news is that bitcoin is becoming much more stable of an
investment option

People freaked in the past with how volatile the prices were.

In 24 days bitcoin price are more stable than gold. It is a good sign ppl tends to see bitcoin as alternative to the traditional way of storing value. http://blogs.wsj.com/moneybeat/2016/04/19/is-bitcoin-becoming-more-stable-than-gold/

But we don't know how long it will be stable, as it is really difficult to imagine price stability in bitcoin, but if it is stable then it will attract many new users to adapt bitcoin.

I think for bitcoin is unacceptable in a country will be quite difficult. the state will provide a lot of rules in bitcoin. of course it will be difficult for bitcoin
I have never found a country that legalized bitcoin?

All the Governments are corrupted and it goes same in all countries, and they know how powerful bitcoin is and what impact it can create in future if it gets legal certificate and they are worried about it.

If this happen the bitcoin currency will turns into real money currency, but i think it will happen in the future worldwid because now it seems that little amount of people know this bitcoin.. So if you want to happen this as soon as possible , introduce it in the company that you know so that they need to think.if it is good to accept bitcoin worldwide

exactly my friend, bitcoin no need by anyone permission for use it but If you want to accept it in shop or in any real state then definitely you have to take allow by government after that you can do anything otherwise it is illegal.

Bitcoin adaption will be the greatest achievement for bitcoin and to users i think it can gain more trust in business sector and many people will starting to like it even haters will love this because for its achievement gains. But before it comes proper bitcoin education must be given to business sector so they can truly understand and get the proper idea on how to get benifits if they stake and adopt bitcoin.

They're doing a wonderful job indeed. I, too, leave in the Philippines. If you want to get your bitcoins out of an ATM machine, you can use coins.ph (http://coins.ph)'s cardless withdrawal though.


Bitcoin is increasing ATM, I think it will become stable at 440-450$ for a couple of days. As for the future, in 12 weeks I think the price will increase drastically.

In my country, Bitcoin still not very well known by people. And about the government, they do not admit Bitcoin as a currency there for there's no regulations about Bitcoin. But however, they do not forbid people to use Bitcoin. So we can use Bitcoin with our own risk.

in Indonesia,bitcoin not too exploding now,its smoothly spreading by people in social media group or local forum,but they have some people who really concern and make good profit. the goverment still avoid bitcoin for legal payment.

The governments might compete with bitcoin and build their own blockchain if it destroys their currency in the future but i know this will be unlikely gonna happen.

I doubt if Reserve banks will turn to Bitcoin, but many banks might develop their own in-house private Blockchains to transfer currency cheaper than

existing services like Swift. You might even see transfers between different banking groups with their own Blockchain technology in the future. I

cannot see why these banks are dumping millions into the development of their own tech, if they could just have used Bitcoin. Barclays and Circle

has made the best choice to go with Bitcoin and they are saving millions in development cost.  ::)

Well the adoption rate in the city I'm residing at the moment is very poor since only few stores accept it (bus travel agency and an online exchange with physical store) and AFAIK there's only another one that accept it in another city, that is a shoe store. If adoption happens worldwide then traditional monetary systems would be used in a lesser manner. Regarding governments, no one could tell it since it should happen in the first place.

bitcoin in USA going very well so far,not as i hope,but its enough to make me comfort with any advantage to use and spent bitcoin. i dont too much care about goverment,but i wish they can deal with bitcoin soon.

in my city not many stores or people using bitcoin and still less popular than fiat but i had found several online stores has adopt bitcoin and my government doesn't admit bitcoin as currency but if any people still use bitcoin it is still allowed because using bitcoin not violate the law and regarding your questions about bitcoin will adoption for worldwide transaction i think too early talking about that because for some countries using bitcoin is illegal

Lol bitcoin development and growth is slow in a country that has a little internet network. even in my town only I knew about bitcoin. I've been looking for about bitcoin group in my town and I did not find it. It is unfortunate. when would be wonderful if we can transact directly with bitcoin in one city :D

It's the same for me, unfortunately.
Nobody around me know or cares about Bitcoin.
In fact, most people are scared even to use Internet for Internet banking or online purchases :)
I can just spend my Bitcoin funds online or keep in the wallet and wait for price increase.
I really hope this situation will change but not optimistic in short term.

yeah exactly If all government will allow bitcoin after that they wouldn't get any taxes and few government's value will be also loosen and they can't make make money that's why they are not allowing to use biitcoin... Only few country are allowing it. 

Bitcoin's mainly a convoluted way of sending your local currency around. That's definitely usage but it would be nice to see some hints of a proper closed loop developing. That'll come with time. And as for my own country there's virtually nothing anywhere.

Unfortunately, I dont see bitcoin being much more than a store of value and for transferring large blocks of money around the globe. The transaction time is too long for day to day retail. But i'm sure there are plenty of alts that can fulfill this function, or even if Paypal adopted bitcoin, they could make interaccount transactions instant. But paypal is too afraid of the technology to do that.

I see this kind of comment a lot, and find it deeply disturbing that you somehow think that people's activities need to be 'legalized'.

Isn't it obvious that,, by default, all activities are 'legal' (breathing, walking, running, dancing)?
Then on top of that there exist regulations/laws/rules to prohibit certain activities 'for the good of society'.

So laws are activity blacklists. You seem to want a country to whilelist bitcoin, but it doesn't work that way.
Is there even one country where everything is illegal unless a law permits it?

More specifically responding to your comment:
The best you can expect from a gov is that they 'legalize' bitcoin by saying 'we will never make it illegal'. Expecting any organization with more than 2 members to make a decision like that when they don't actually need to is just  silly.

i doubt that they will ever do that as all the cryptos that are decentralized are not prefered by governments and if the crypto is centralized people will definitely not choose it over bitcoins

i think that bitcoin adoption will be really fast pretty soon as more and more people will start using it on regular basis, and in the future the price will grow even more in my opinion

Government from most of european and american country have already noticed about bitcoin as adoption is so use and cryze for bitcoin is increasing there day by day. Among asia china is driving force for crypto currency market, chinese love bitcoin. But still we need more merchants rather than only attracting traders and manipulation bitcoin market. Bitcoin should be accepted wherever visa is accepted in which bitcoin based visa card provider could be crucial.

In my country, people are currently new to it and also a large number of the community has not heard its name yet, I tink it will take some time, but the peopel who are with bitcoin have good knowledge about bitcoin and are using normally it for their online services, purchase and other transactions etc.

In my country people adopt it for earning it with different ways available online and in that while they learn good about bitcoin and after that when they come to know about the places where bitcoin is used for purchase they do purchase with it.

I'm yet to bump into anybody else in the south east of the UK that actually uses bitcoin. It's better than it was a few years ago when nobody had even heard of it, but I still haven't found anybody else that actually holds any or uses it. (This excludes those I directly know through btc lending and such, obviously)

I did meet someone random in the SW UK who was a Bitcoin user. It felt a little strange to meet an actual live human who was a little like me.

Lighten up over time users will continue to grow. included in your surroundings I was also quite surprised when my college friends already know about bitcoin.
it proves that they continue to grow. we see the future later

LMAO. I've never met someone who uses btc nor someone who has ever visited bctalk forum in his life. People here are just not interested about making money in BTCTC. They're all like "lulz" "scam" "lame". I hope someday I get to meet someone who's active in this forum too.

I have real life friends that are into Bitcoin and I have online acquaintances from my country who are avid Bitcoin users as well. I haven't had the chance to attend any Bitcoin gatherings or conferences yet but I am planning to attend one if the right opportunity arises. We have Bitcoin ATM's and online retailers that accept Bitcoin but I would like to see some offline advertisement as well because right now it's pretty much non-existent.

Hello Dear Friend !
You come to Somalia we bitcoin meetup and conference with you !
Somalia freedom and Bitcoin friends !

Yeah the development is sure, comparing with the previous years the improvement is very good, now as halving is coming near the price will increase heavily and as a result we can see a good adaptation in the coming years.

haha, where do you live?

i used to think people in my country never heard of bitcoin before but i checked localbitcoins.com and saw that there is a lot of people from my country there that are trading bitcoin.

also i did a google search in my language about bitcoin and found some sections on forums that are dedicated to those who are into bitcoin.

bitcoin is not still so popular here but there is still many who have heard about bitcoin and used it before.

That's really good thing bro. even I have friends in forum I use to have a chat in Skype or whatsapp to discuss about bitcoin problems and about buying and selling.

I think the adaption of bitcoin has started to move up and many new users are investing their money into it and the future of bitcoin will be dependent on adaption level.

I live in the Philippines. Well in my area at least, people aren't interested in bitcoin. They are all into being famous and following all the social media trends. I don't think the BTCTC adoption is pretty good in my area. But in other countries like USA, UK, a lot of people are aware of bitcoins. In my country most bitcoin users are those people from the city who do nothing but surf the internet. Maybe they stumbled upon some bitcoin stuff and get interested with it.

Even before the days of sudden rise in the price bitcoin adoption has started to increase. Now it has helped new adopters to understand it easily. In future the adoption is expected to reach at least half the world population.

In the UK I think there is a good bit of adoption, there are a couple of legit exchanges setup which are based in London, there is one major games store CEX that accepts bitcoin payments and pays in bitcoins for your old equipment.

I have seen a few local shops as well that accept bitcoin and we even have a couple of ATM machines.

They care about it only because it is hard to collect taxes from bitcoin transactions and bitcoin services can produce quite high revenue.
That is the only problem government has with bitcoin or any other cryptocurrency. As for the impact of bitcoin - it is not as huge as we might seem to think.
Blockchain tech will have more impact on fintech that bitcoin anyway.

yes in my cities bitcoin adoption has some good speed, a number of peoople are going to adopt it but a good percent of them are going to adopt bitcoin because to earn it and they are buying bitcoin so as to hold them for some long time and to earn a good amount with the price increase in the halving etc.

Bitcoin adoption increases and I believe these forum also helps in creating healthy relation with friends and can create new relations.

Yeah bitcoin is helping in creating new relations, as whenever I trade on localbitcoins to convert my bitcoin to bank account, I keep on recommending them to visit this forum and many of them are now part of this forum.

Blockchain tech is useless without Bitcoin because a blockchain without a decentralized currency is just a more fancy excel spreadsheet which is pretty dumb to advertise this as some sort of breakthrough, so don't fall for it, all those corporations talking about the blockchain are just in denial about Bitcoin taking over.

I am seeing almost no bitcoin awareness, much less growth, in my country. A few people know about it and are taking it as an opportunity to earn some money, but not really using it.

Yup this is the condition in my country.very few people are using bitcoin. Sometimes in future more people will be aware and get the profits from bitcoin.

Yes, in sending our money to anywhere our money is much easy with bitcoin, we wish that in your place bitcoin is established as in my country, in my country it is not fully adopted by all of the people but still a good number of people have adopted it.

There are no countries where it is adopted (yet). But as we all can see more and more countries got a bigger audience of bitcoin supporters; both on the investment side as the spending side.
This is progress and eventually it will become adopted by the masses.

bitcoin adoption in my city is not massive,not special and just like other city in europe and asia,one that makes different bitcoin adoption in each city is population and how good their technology movement in that city,its will give influance to bitcoin adoption.

Yes, in most of the countries, this is the problem. Very few people know about this currency. It is our responsibility and duty to convenience people so that they may use bitcoins in their daily transactions. More the people re aware of it, more it will be adopted soon. Once its adopted everywhere, then we will see the rise of this digital currency very fast.

See, I'm not sure whether or not people know about Bitcoin and choose to ignore it or if they truly don't know about it. From my experience a lot of people have heard of Bitcoin but choose to ignore it for one reason or another. Maybe we should switch from trying to get people to hear about Bitcoin to convincing people Bitcoin isn't as bad as it sounds?

Even without much of promotion through media or some other ways bitcoin has got lot adoption. As said when we users continue spreading to our known people huge adoption occurs.

Bitcoin is strong currency. I can sell it only online. I think if bye anything of bitcoin then it,s batter. bitcoin future is good.

I haven't seen or heard any advertisements about Bitcoin yet in my country and that just goes to show we are still early in the adoption phase and there is a long way to go till Bitcoin becomes mainstream but I am sure we are on the right track. I think Genesis Mining are doing it right with their provocative billboard ads and stuff because it catches people's attention and makes them want to check out Bitcoin out of curiosity. We don't need to convince new Bitcoin users of anything they can decide for themselves if Bitcoin will make a difference in their lives or not simple as that.

Once people get strong faith in bitcoin they won't leave it, it's our role to create the faith among the people, only then adaption level increases, we can use media support too. If this continues people starts to use bitcoin and enjoy its benefits forever.

In my country people adopt it for earning it with different ways available online and in that while they learn good about bitcoin . Thats the best possible way

Itis taking time in adoption but soon it will be accepted everywhere

bitcoin is currently used by many merchants in my place. bitcoin already adopted and recognized by the e-commerce company in the world renowned. I think next bitcoin will become the standard legal tender in the world. bitcoin very bright future and I want to be part of a bitcoin began today.

Where are you from? I can barely find an establishment here in my place that accepts bitcoin. In the capital of my country, there are some establishments accepting bitcoin as a payment. Some even let you convert your cash into bitcoin but there's so much transaction fee, sadly.

I've got the same question. There are maybe 3/4 shops which accept bitcoin. In other shops you have to use other payment methods. In the non capital cities there are literally none that accept bitcoin (at least that i am aware of).

In my city ... but what really ..in the country or anything like that just yet, and questioned whether it will even exist.

We need, for example for payment terminals. For example, in transport. The shops reading devices to pay. Simply put, you need to develop the technology for the introduction and use of cryptocurrency, as well as propaganda among the people. Not everyone is familiar with cryptocurrency, and with the help of the media should be taught these things.

I guess I am the only bitcoin user in my city though it has more than 2 million population.If bitcoin is adopted even by 50% of total world population,it will make governments accept it and give legal acceptance

Spread the word. Spread the joy.
If you even make 10 people in your close circle of friends aware of bitcoin, it will help increase adoption.

The more people use bitcoin for payments, the more liquidity there will be in the market, which in turn will result in less volatility of the price, and by that, it will encourage more people and even businesses to use bitcoin. People will realise that it’s the easiest, fastest and cheapest way to move money in the world.

Global adoption is rising daily as you can. See the volum.e of users keep rising daily and daily as you can see in fb crypro related group now their so many nationalities uses bitcoin to there daily life they do transaction to it in their daily baisis and what is lacking for is the adoption in business sector although some business online accept it now but big online stores dont accept it for now like ebay and amazon. And let see for future maybe they will accept because they see many user of bitcoin using it.

I think bitcoin and its future adoption will be good.And if bitcoin can be a mode of payment in any stores or business out therr that will be much appreciated by bitcoin user.Since that steam will now launch bitcoin as mode of payment for their games or game credits.I think thats the start of adopting bitcoins to physical world,the start of bitcoin to be use as real money and spend it physically

that so my question is. how many users are mengadiopsi bitcoin in every year? and require more years to bitcoin could become a global currency? I just want to see the future of bitcoin