Bitcoin Forum

Bitcoin’s price and adoption go hand in hand. without growing adoption, we shouldn’t expect sustained price increases. After all, demand (and thus price) is a reflection of real-world usage. But here’s the challenge: Bitcoin can’t compete with fiat for everyday transactions yet. So how do we bridge that gap?

When we see Bitcoin’s price surge, it begs the questio... Will it remain just a speculative asset? If so, that makes it a risky long-term hold, especially if adoption stalls. Worse, if whales and corporations dominate supply, they could manipulate the market, turning Bitcoin into a game for the wealthy rather than the many. That would defeat its purpose entirely.

So if someone doubts Bitcoin’s future over these concerns, how do you convince them it’s here to stay and grow?

The fiat will depreciate more in price which will make the price of bitcoin to increase. Another is that the wealth in the world is increasing, which will make more money goes into buying bitcoin.

There could be a time the price may not really be volatile but bitcoin will still remain an appreciative asset in long term.

Before doing anything, first we should think...

1. Is technology here to stay or destined to be outdated by new technology?
2. Are we certain that Bitcoin won't become obsolete?
3. Can we take responsibility if all the things we said to convince the person fail?

For me, it is not wise to convince a person if we ourselves are not sure what will happen to the Bitcoin ecosystem in the future.  I think it is better to let the person decide and see for himself what Bitcoin is by providing him with essential links on information about Bitcoin.  Let the person conclude for himself, stay neutral, and only provide information.  Whether he will be convinced or not, let the facts speak.

There is a need for adoption for any technology or implementation to thrive.  After all, no matter how great the invention/creation is, if there are no people to use it, it will eventually stay in one corner and will be forgotten.

Price is consequence of value and value comes from use cases and utilities of Bitcoin that includes its blockchain security as well.

Price is zero if value is zero and you can see this fact with altcoins that can be very high in short term but in long term after a scam trend gone, shitcoins' prices will return to zero as should be.

Bitcoin success comes with mass adoption and without it, there will be no success like what we witness in 2025.

The Bitcoin founder Satoshi Nakamoto imagined about this future many years ago, he is like a time traveller.

Bitcoin’s future doesn’t hinge on mass adoption in the way most people think. It’s not about everyone buying coffee with it tomorrow. That’s a convenience layer problem. It’s monetary sovereignty. And people don’t adopt values overnight; they adopt out of necessity, not novelty. So does something need to be universally used to be fundamentally true or valuable? Gold has almost zero daily retail use. But it’s respected because of what it represents, not because you buy lunch with it. Bitcoin functions similarly.

Let’s say only 10% of the world adopts Bitcoin. But if that 10% includes regions facing high inflation, capital controls, collapsing currencies? That’s enough. It doesn’t need 8 billion users. It needs strategic, sovereign demand and it already has it. Argentina. Nigeria. Venezuala.

Now the fear around whales is legit. But fiat has whales too. Central banks are the whales. Bitcoin is just making that visible and opt-in. The wealth concentration in BTC is a mirror, not a malfunction. So the question becomes: do we want transparency with a chance to opt-out of the rigged fiat game or keep playing a game where the rules are hidden?

Well, I don't think it's necessary that Bitcoin must compete with Fiat. Bitcoin is being used by many people across the world, it is used as a means of pair to pair transaction and have made across borders transactions more seamless compared to the Fiat system. Can anything beat the fact that Bitcoin transaction across bothers is more seamless than Fiat? The growth of Bitcoin is limitless.

On the long run, Bitcoin can not still become a game for the rich because the rich can not be the only people to own Bitcoin, it's not possible. Am not saying that there are not going to be Bitcoin whales, some minor market manipulation but even if there's some minor manipulation, it would not keep Bitcoin price stable, after a minor shift in the market, the price will still normalize. Bitcoin is a volatile asset, price can not be completely controlled by a few rich people.

I don't think it's that necessary to convince anyone on that. Who convinced you? I assume you practically learned the way the system is programmed and you did your research well and was able to feel convinced, so other should.

Fiat currencies have always had problems and have no power to withstand inflation or recession, and this is exacerbated when an economic crisis occurs, so people will lose the value of the currency they have. Bitcoin has resilience and resembles the movement of gold and in conditions of economic chaos, people will definitely look for solutions to secure the value of the currency they have.

This belief can be a reference for why bitcoin can be the best choice even with the reasons for adoption as you are worried about. Bitcoin will always be a valuable asset in the long term, even if it is not as volatile as it is now, and we can find that reason in how bitcoin plays a role in conditions of economic chaos.

Bitcoin's uniqueness comes from its volatility as well.

If it didn't change in value, what would it be? Not as many people would be going for it (honestly).

As well as.. BTC is an alternative. Not Fiat killer, as many outlined already.

Bitcoin will never kick fiat out of usage because fiat is government money and government controls the world and increase inflation by printing more money. Satoshi never created bitcoin to take over from fiat but as an alternative payment to fiat like gold.

Bitcoin is resistant to censorship and institutional control which will make more people adopt bitcoin, and that will make the price of bitcoin to increase overtime. However, only 1% of the world have adopted bitcoin, what do you think will be the price of bitcoin if 20% of the world adopts bitcoin. Bitcoin price will go to the moon.

Depending on where the demand will come from, it we say that it will come from average joe and then we can used it as sound money and for everyday transaction, then Bitcoin might be adopted.


I think it will remain a speculative asset, or be a store of value, or hedge, again it's up to us whether what we want to do with Bitcoin itself. But for now, it's really the asset and everyone is here to make more money and to profit. Just simply but and HODL for a long term.

I don't have to convince them to stay, the market will speak for itself so that they're going to see how valuable Bitcoin is. While everything that adds up to contribute for its value is very well needed. They will also won't leave the ride until they are able to capitalize whatever they have to join here. And as for Bitcoin if it will remain as a speculative, yeah I think so but it won't only be a speculative asset because the time is already coming that many considers it as a means of transfer especially the new ones but for us, we already knew it from the beginning.

I don’t think so. We need to able to use btc to purchase stuff. Yes trading is also part of the adoption but it is not enough. If nobody uses btc to buy stuff then it is no different than another stock in the stock market. Btc will lose a good portion of its intrinsic value if nobody uses btc to buy stuff. It will get closer to a Ponzi scheme.

Why do people people buy and store gold? Because it has a real world use. People use it to make electronics, jewelry… It is not just a shiny metal.

Btc also has a very unique intrinsic property. It is the most secure crypto network which we use to transact money on. If people abandon using btc, then it is just another crypto.

I think no.

Bitcoin needs mass adoption because the more people own and invest in Bitcoin, the stronger Bitcoin is. Someone might attack the network or doing double spend because cost of doing double spend is cheaper/affordable, making people think Bitcoin is no longer secure.

Define world, in this article, they said ETFs, governments, and MicroStrategy now hold 31% of all Bitcoin supply (https://coinmarketcap.com/academy/article/0a639ad1-c943-468f-9895-bb48ad307a38).

The thing is though that bitcoin is not exactly looking to compete with fiat. It is its own currency and does not need to be compared to fiat because fiat will always be used for everyday transactions by a country or several. Bitcoin is for those who wants to make transactions with their privacy secured or maybe if they will be making big transactions and not wanting to wait for a long time for bank processes and such. Point is they have different purposes.
Bitcoin is safer as a long term hold because it has a fixed supply. It is almost guaranteed that it will keep growing in value due to its scarcity.
It is not my responsibility to do that but the simple answer is that several countries are also legalizing bitcoin and looking for ways to use bitcoin. Adoption may not yet be fully completed but it is starting. Many countries are looking to add bitcoin into their reserves as well. This is one example out of many politicians considering it:

https://talkimg.com/images/2025/04/17/x5yXJ.png
_{blockworks.co/news/brazil-bill-for-national-bitcoin-reserve (http://blockworks.co/news/brazil-bill-for-national-bitcoin-reserv)}

You have a good point, it's just like: can grass grow without water? That's not possible.

Honestly, Bitcoin adoption in the future may be more shaky than people think. I see more resistance over time. Especially the time that the crypto scam is now deterring people. CBEX was the latest in Nigeria, and over 1.3 trillion Naira was scammed in the name of crypto.

Of course, Bitcoin itself is innocent in this, but do you think many scammed victims would listen again? Also, the way Bitcoin is having its major bearish season is another problem, if it continues like this, only those experienced people and those with true minds and understanding will be investing in it. Perhaps, the institution's leverage will be the sustainability of the coin by then.

I do not see how this is related to the question OP asked. OP did not ask anything about double spending.

Another thing is that if a transaction has been confirmed already on the blockchain, double spending the coin is costly to do and you are referring to 51% attack if this is done intentionally and not chain reorg.

Microstrategy bitcoin is not belonging to a single person. Also ETFs is not belonging to a single person but owned by people that are buying its shares.

It is true that for its price to keep going up more people need to use it for real things not just guessing its price. Right now it is not easy to use Bitcoin for everyday shopping like regular money. That is big problem.
Bitcoin like safe place to keep money it can protect against prices going up in some places and it is way to send money across borders without anyone stopping it especially in countries where usual money system is not good.
And technology behind Bitcoin is getting better. Like we can see there is Lightning Network that is trying to make small payments faster. It is still worked on but it could help Bitcoin be used for everyday things in future.
And one more thing not everyone needs to use Bitcoin for small things. Big companies and banks are starting to see Bitcoin as real thing to invest in. This brings a lot of money and making Bitcoin popular.
Finally basic ideas behind Bitcoin are special. It is not controlled by governments and there is only limited amount of it. In world where governments can just print more money Bitcoin limited amount and independence make it appealing to people who want another option.  So even though there are problems Bitcoin is still developing it is being used in important ways big companies are getting involved and its basic ideas are strong. This is showing that Bitcoin is not just passing trend but it can change our mind that how we think about money.

Agreed. It's still not anticipated that there would be a scenario of sorts where 51% attack would even come to action.

Because, clearly,  there is no contestant such as that to be able to do so.

To begin with, I don't agree with the “just.” It is rather the best asset. Besides, do you think it's not enough? When bitcoin started, nobody knew whether it would succeed or not. It could have disappeared like in 2011 and look where it has gone.


You had more than 10 years to buy bitcoin very cheaply. If you had bought hundreds or thousands then you could now sell it to corporations or whoever for a fortune.


I don't.

Who says that BTC should compete with fiat in anything? In some imaginary scenario where a lot of people would start using BTC for daily on-chain transactions, this would, as always, create pressure on the mempool and transactions would become too expensive - but that's why we have LN which enables instant and super cheap transactions.


So far, long-term investing in BTC has definitely paid off, for some less, for others more - and no one will say that there is no risk in it, but not only because of volatility, but also because of the security aspect. If you're an investor who keeps your coins on a centralized crypto exchange, or in a hot wallet - or behaves irresponsibly when it comes to online security, then you have much bigger problems than volatility.

As for the manipulation of the wealthy, it seems to me that this game has been going on for years, but there's nothing we can do about it. The only thing we could do was to get ahead of them by buying most of the BTC in the early days and refusing to sell to them today - but the problem is that few people will turn down something like $100k for 1 BTC, right?


Why do you think you, I, or anyone else should convince someone to believe in something or not to believe? If someone is not sure if BTC can survive, grow and whatnot, I suggest you don't play financial advisor in an attempt to convince them of something. I have a very simple answer/message for those people - wait another 15 years and you will resolve some of your doubts.

There is absolutely no way to reach that peak. Satoshi never meant to build Bitcoin in the aspect that it would compete or overshadows the real-world usage of the fiats.
Bitcoin is an financial technology that one have to grow and considers it worth before adopting it while the fiat has become a traditional option for each and everyone without a second thought of how useful it could be in the case of making payments since it is centralized and the government can always come up with policies that can hinder the adoption of Bitcoin while the fiats is made a prior for the masses.

Talking about Bitcoin to bridge gaps with the fiats on daily basis usages for transactions can not be achieved due to the volatility of Bitcoin while the fiats is made stable values.
I think we should know that the most attractive possession of people towards Bitcoin is it volatility potential as a hedge to store values and not basically on daily usage for transactions otherwise, the interchanges for exchange on payments purposes will be weird when holds good values of it and wanting to make payments with it in a short time turns a low value due to it volatility.
But is just so good to buy and hold for investment otherwise, it would perform an effective negative bankrolls for the community users when adopted it for daily transactions.

Instead, let us seek how Bitcoin would be a most commodity that will surpass the stocks which of course it has gained global attentions and attractions with it volatile and decentralized potentials. The only problem allocated on Bitcoin to be at the global top is it technological accessibility which every exiting humans may not be up to the task of conveniently be adaptive to digital devices and technologies.
So you will while the fiats will only be a primary value for the masses in term of monetary transactions.

Yes it will succeed.

Once upon a time many people don't care about Bitcoin.

Some people believe that it is the next dot com and it will crash.

In 2012 and 2013 it was a boring era for Bitcoin, circulating supply was very low.

There are coins with billions in supply but the circulating supply are under a million, they survived even while not many people know about them.

Bitcoin will either grow fast or slower with or without many people getting on board.

Those who cherish decentralisation will keep using Bitcoin anyways.

What I would up is that the adoption may be halted - but never can be stopped ;)

Bitcoin compete with fiat? I don't think so. Infact, this should not be our concern because Bitcoin itself is not designed to compete with fiat, it's just an alternative currency and from all indications, it is obvious that Bitcoin now is not suitable to be used as an everyday currency due to volatility and transaction fees. Maybe in the future, Bitcoin's price may become more stable than it is now, this we can't be sure of. However,  for now, let's enjoy its benefits over fiat as a good store of value just like gold. When we get into the future, we will deal with anything that may arise. I am certain that whatever will arise in the future will definitely be for good.

I think that Bitcoin does not necessarily need to experience mass adoption and the fact is that now a fairly small percentage of people use cryptocurrencies, but at the same time Look How popular Bitcoin has become, everyone knows about it and the US President talks about it a lot.
I think that Bitcoin has reached a point of no return (in a good way), when the process can no longer be stopped and cryptocurrencies use it and it becomes popular. And there is nothing wrong with the fact that someone does not use it, the critical mass has already been reached, and the process really cannot be stopped.

I don’t understand what you meant by bitcoin doesn’t need a mass adoption, but for me I think bitcoin definitely needs more and mass adoption that it can get. Adoption isn’t only about the bitcoin price surge, gold isn’t widely adopted or widely traded but still the price is going up because of its advantage of be a good store of value. Same thing with bitcoin, it’s scarcity will actually cause it too going up because people have begin to lean towards bitcoin against fiat just because of inflationary conditions and the freedom that comes with using it.

Bitcoin need mass adoption in my opinion so as to have a decentralized supply of it and most importantly for someone like me looking to see it been used for payment method mass adoption will definitely encourages business owners into incorporating it into their business, so it definitely needs the mass adoption

I believe not. Gold isn't currently massively adopted, but I believe it's considered a success as an asset for thousands of years.


Ser, from your viewpoint, Bitcoin is merely a "speculative asset", which probably would make you not consider it a success. But from my viewpoint, Bitcoin is also a bet if the Federal Reserve/Central Banks will print money again because if they expand M2, then Bitcoin's price will surge.

Plus an Open Source project that was built from scratch, and has reached over $1 Trillion United States Dollars is already a SUCCESS.

Some things to clarify and define. What do you think is Bitcoin's purpose that can be entirely defeated?

For me, it's always been the case of P2P money, the original and still most important aspect of Bitcoin. And believe me, in the South especially, Bitcoin never lost its shine as that. I've been fortunate in my early Bitcoin journey to have met far more people using Bitcoin that holding it. They not only still use Bitcoin, they have more people and friends and business partners who use it too.

So what's mass adoption to you? I guess to most it's having access to Bitcoin on an app on the phone, but if it's just to speculate on, and you never need to open a wallet for it, does it count?

But if mass adoption means that some day, if I ask someone: "do you take Bitcoin", the answer is more likely "yes" than "no", then you're on my page. That "yes" is getting likelier for me with each time I ask. So I'm hopeful and happy, regardless of the noise about manipulation and corporate interests and regulations, etc.

According to the question by op, that can Bitcoin succeed without mass adoption? Well Bitcoin can not succeed without mass adoption. As a matter of fact Bitcoin growth is determined by demand and supply, meaning the number of people that buys and sells Bitcoin are the reason why Bitcoin is volatile in the market, but Bitcoin will be more successful if the mass adoption is based on buying and HODLing instead of buying and selling. The market formula for Bitcoin success is higher demand and less supply.


Bitcoin vs fiat is not a competitive market. Bitcoin functions as an alternative to fiat and will not compete with fiat instead work along side with fiat to make a good financial system. We can not bridge the gap between fiat and Bitcoin but both are important and useful. I even prefer Bitcoin to fiat because it is not affected by inflation instead it adds liquidity to Bitcoin during economy inflation. Because people buys more Bitcoin during inflation people used fiat to buy Bitcoin and stack, making Bitcoin grow higher and higher against fiat.

With the much volatility that Bitcoin is facing, I fear that governments are already finding ways to influence the value of Bitcoin and the level at which government is trying to penetrate the market is becoming scary and fearful because I fear a time where governments will team up to liquidate the price of the bitcoin in the long run. My assumptions might be wrong but the way the US government for instance is able to kind of influence the coin is concerning and I fear more interference in the future.

How many countries have legalized bitcoin? There are few, when I talk about legalization, I mean politicians passing laws in parliaments or senates. Many countries allow their citizens to use bitcoin, but they have not created laws on bitcoin to allow government institutions

to accept bitcoin as a payment method. That is why we see few people being able to pay their water and electricity bills using bitcoin, and we also do not see any government employee receiving their salary in bitcoin. For now, bitcoin is mostly used for investment.

A lot has already happened since Bitcoin's start, and it has been a long journey. Mass adoption is not the reason it has been important in the world. In my opinion, it has already succeeded because of its value, how people look at it, and how many businesses are investing.

Once we are near the end of Bitcoin supply, I think it will be more valuable than anyone might think. I guess it’s just believing in this that it is the future of finance.

I think Bitcoin will succeed even if the mass of people do not adopt it but it will not succeed if the mass of people do not accept it because I feel Bitcoin needs more acceptance than it needs adoption. People do not need to start using bitcoin to give it value, accepting the importance of it is enough to give it some value.

Acceptance by all and adoption by a few is enough to give it value.

Seriously, how do you differentiate between Acceptance & Adoption?

If you accept Bitcoin and don't use it, how well can it affect the market.

What Bitcoin need is adoption to be used differently, each demand causes the price to increase, who cares about acceptance when growing usage becomes a big thing.

Well, I don't still have that thinking that whale and the corporations would dominate the market or its supply so easily as there are many people who are also a key players in the market. For example; there are many institution and companies that are holding bitcoin which could make it that hard for whales to manipulate and maneuver the market so easily, such companies are; Marathon Digital, MicroStrategy, Riot platform, Hut 8, Tesla, Clean-spark, Galaxy Digital and many more, this companies are solely holders of bitcoin, and they are still accumulating bitcoin for long term benefits unlike the whales that keeps stirring and manipulating the market for little investors.

Do you mean that few people transacted with BTC or that there was very little BTC mined at all? I don't think even the first one is true, but I can definitely say that the second one has nothing to do with the real situation at the time.

By the end of 2013, we already had about 56% of all BTC mined, because the reward in the first 4 years per block was as much as 50 BTC, and even after that it was 25 BTC per block. People traded even then, otherwise Mt.Gox wouldn't have happened. Of course, it's difficult to compare what was there 10+ years ago with what we have today. Great progress has been made since then, there is no doubt about that.

If someone questions Bitcoin's future even after looking at its history, then there is nothing you can do. do to make them believe in it because Bitcoin's history speaks for itself, despite the things you are talking about, such as adoption, less usability when it comes to daily transactions, or long-term volatility due to adoption stalling, Bitcoin has managed to grow above $100k within a decade and a half. Besides, adoption won't stall unless something more trustworthy and useful comes into the market other than Bitcoin, but for now, it's the king.

If you ask whether Bitcoin can grow without mass adoption or not, then I would say it depends on how the current adopters treat it. The demand won't go to zero, so there will at least be some demand no matter what, and on top of that, those who are already using it will keep trading it, so the demand will always stay above its supply and that's going to make it grow even if the pace becomes slow over time.

Bitcoin is still considered a speculative asset by traditional economists, although its success is undeniable if we look the history of Bitcoin since the beginning. And this success was reached without mass adoption, so it's totally possible it continues that way.

Whales, institutional investors and speculators are dominant in this market, without any doubts, but at same time, it's not a factor which prevents Bitcoin being successful too, because once again, it's a present factor since the early days of crypto market.

The point is that perfection will never be reached here. The real is far from ideal, what doesn't mean average investors are unable to be benefited by Bitcoin.

Bitcoin is thriving on the mass adoption worldwide this is how it was designed Without mass adoption we'd still have Bitcoin at $100. The mass adoption is driving it's price. This is what I think without any reference to anywhere but from what I have been . For now the more adoption the greater its price. There is also to not forget that institutional adoption is part of it too.

Honestly, the dream to have mass adoption for bitcoin may take a lot of processes, and there’s even no guarantee if it will gain global adoption in the long run. But here’s my point of view, if we’ll still see bitcoin 5–10 years from now and continue to reach its peak price, that is already a big success for bitcoin. No other digital currency has ever do that.

Success for bitcoin isn’t tied to its price nor its mass adoption, but its more on the demand and its utility case. If people continue to store and hold bitcoin, and people still use it as an investment and currency, hence success has already been achieved.

It has already been mentioned that not "every coffee" has to be paid with Bitcoin. But there are definitely areas where Bitcoin can compete:

- international transactions, as a competing system to SWIFT
- transactions for and to groups which are excluded from the financial system. Not only the typical "unbanked", but for example also people excluded by authoritarian regimes.
- private transactions you don't want to appear in the next personal data hack

There can be different types of success though. I would rephrase the original question into "Can Bitcoin achieve sustainable long term success without mass adoption"? And then my answer is no.

But even as a speculative asset I think it can succeed for several years more. Eventually, the hype will however die down, and we'll see "the mother of all bear markets" in this case, or a Super Bear Cycle. This will be the case when nearly all those who would buy speculative assets also own Bitcoin, and there's no "bigger fool" who would buy it.

Such a "Super Bear Cycle" could however work also like a healthy reset. People which are into Bitcoin for the tech and the censorship resistance maybe won't leave it and create slowly the base for "true" mass adoption.

You are correct and if bitcoin could rally up to this extent then there is a great progress unlike talking about the global adoption and might take a bigger time due to its volatility nature people wouldn't want to entrust everything they have into bitcoin, and like the person above me said "Not all coffee that worth paying with bitcoin" and course this is absolutely correct so the possibilities of taking out fiat or replacing fiat could be a major tussle in between different currencies across the world. I think the level bitcoin is now is actually what celebrating because nobody even had this believed that bitcoin still stand till date even after all the fight and attack yet bitcoin didn't fold or short down the government benefits but today they are enjoy and celebrating themselves for having acquired bitcoin in their portfolio. 

Mass adaptations will take too long to proceed. Uncertainties are still in the minds of the people around as they continue hearing negative stories and speculations. That scares them, actually, especially if they are not risk-takers.

But this doesn't mean that bitcoin is far from its success because it was not just the adaptations that made it sustainable, but also the repeated trades. We can't expect everyone to use bitcoin as payment, but at least they can do this for an investment. In the end, that still has a huge impact on its progress.

That is good point people who have really seen how Bitcoin has done over time know that it is strong and has grown a lot. You are right if someone still does not believe in it even after seeing all that there is probably no way to change their mind. Numbers and how quickly it has grown to be worth so much money show how well it has done.
Right now even though you can not easily use it for buying everyday things and its price changes more Bitcoin is still seen as most important one.
I also agree with what you think about its future even if most people do not start using it. People who already own and trade Bitcoin will probably keep wanting it so its price can not go to zero. Because people will keep trading it and there is not huge amount of it available its price will likely keep going up even if it happens more slowly over time.

Yes, Bitcoin will remain a speculative asset. There's no way for us to make Bitcoin the dominant currency for everyday purchases.
We can't have a high price without the whales and corporations buying BTC. Market manipulation is illegal and all corporations, banks and hedge funds that are manipulating any market should be punished by the law. The purpose of BTC was to be a censorship resistant currency, fully independent from central banks. Maybe the purpose of BTC was defeated several years ago, mostly because the BTC price growth is and was always dependent on central bank money printing and interest rates.

Can't we imagine a scenario where BTC would change its ways and turn into something different from the store of value we see it now?

Bitcoin is still in its early years, acceptance takes time. See how the internet began slowly but is now all around. Though its rise with lightning networks and other scaling approaches will not replace fiat tomorrow. 
Any new technology functions in the usual speculative period.  Remember Amazon or Google from their early days? They were unpredictable too, but genuine use finally drove their worth. The scarcity and decentralization of bitcoin provide it lifespan. 
Every market includes whales, but since Bitcoin's open character leaves no one entity in command. It grows increasingly harder to govern the more people own and utilize it. Though not flawless, it is better than conventional systems. 
If someone questions Bitcoin remind them if they’d have doubted the internet in the 90s, Change doesnt happen quickly yet the trend is apparent Bitcoin is expanding and its here to stay.

Yeah, a good comparison indeed.

Many forget how young BTC is. And how much is to to be done in the future.

And that's fine, as long the faith remains and BTC upholds its core values.

Acceptance of bitcoin is possible without reference to price. We could use bitcoin even at a price of $1.

And why do you need growth? I repeat, to use bitcoin, you don't need BTC to cost $10k, $100k or $1000k. This growth is profitable and needed only for speculators.

Real reflection as what? As a means of payment? No. Right now, bitcoin costs $80k. Does that mean bitcoin is widely used? No (actually yes, but as a speculative instrument). This is a speculative price based on investor's faith in the future growth of this asset, and therefore, they convert money into bitcoin.

I still don't see coffee or anything else being sold for bitcoin (except for isolated cases).

You should understand what you mean by mass adoption: use as a means of payment or as a speculative investment tool. In other words, BTC-mass adoption can have a completely different nature.

Would BTC be able to be talked so much about and be known to so many people and countries alike if it only cost 1$ each as of now?

I dont think anyone around Bitcoin for a few years expects sustained price
increases especially seasoned traders who are able to make decent gains off
of Bitcoins "volatility". Anyway is you "zoom out" of Bitcoins price chart its price
has been on an upward trajectory.


We cannot restrict anyone from using Bitcoin, its open source and decentralised
so I would stop worrying about it and look after your own corner of the Bitcoin space.

I never consider such questions because I have no control of what Bitcoin does
and I am not expecting anything like mass adoption to happen or volatility to be "solved"


I trued that a few years ago, none of my friends bar 1 took it up and guess what...
Bitcoin grew anyway! Better off not worrying about convincing others, Bitcoin
will grow organically and we should not expect Bitcoin to become mainstream
where everyone uses it daily for everything from a coffee to a car.

Bitcoin is decentralized and not controlled by an institution most of these sat holders are retail not whales or institutions, bitcoin will remain mighty in the future with a market that plays 24 hours and also a strong holder throughout history, speaking of speculative assets or not I think all assets are speculative but we know that if there is organized speculation on an asset it will see the asset sway according to the narrative brought on the news and it also happens to other assets if the same thing is done.

Adoption becomes an important point as a form of investor response to see the future of bitcoin, the more adoption the greater the possibility of price increases, seeing that today's adoption is still less than 10% of the world's population, so bitcoin is very likely to continue to increase, the more here it also turns out that many countries are starting to study bitcoin and its use, whether it is an alternative transaction tool or made as a backup asset or even an investment asset.

Don't say Bitcoin was designed to keep rising, honestly apart from the usage Satoshi made known to all, we were skeptical on what direction bitcoin was designed to follow. Now look at us, enjoying the benefit of mass adoption because it is one main factor that has affected Bitcoin in a way it keeps going up overtime. Have you imagined a scenario where everyone decides to sell of their bitcoin, the market will definitely crash. Instead of that happening, every day we see more enthusiast wanting to buy more of Bitcoin.

Bitcoin is here to stay and grow not just as a speculative asset but rather an asset that continues to solve the challenges of inflation. There will always be continuous interest and growth as long as it solves cross border payments

I also think that Bitcoin trends on mass adoption, as it's adoption is increasing it's demand will also increase which will always make the price to rally. If it were not for increasing adoption and demand I guess that it's price will be bellow $1. Presently Bitcoin is not trending as a digital cash for payments, what is driving it's adoption is that people are seeing it as a store of value. The demand for Bitcoin is increasing because it has become an asset for investment, that is what is driving it's adoption so far. When the adoption of Bitcoin saturates and almost everybody is holding it, that is when we can ask whether it can succeed without adoption.

Many coins solve that.

Many are not decentralized and trustworthy as BTC, though ;)

Mass adoption is subjective in my opinion, Bitcoin community can grow and there adoption alone is enough for Bitcoin, the more the community continues to grow so the adoption. Not until some bank or central bank want Bitcoin, they are just some catalyst I see as money liquidity to boost the growth of Bitcoin but even if they don't come, the community can become more mature and more money will be supplied to the Bitcoin just like the way it has been the conventional ways.

Adoption don't need to be force, you can see people like Blackrock and Micheal Saylor are buying everyday because they believe in Bitcoin and they believed the price will do something better tomorrow and other days after tomorrow. Look at the United state that has made all sort of promises with their adoption to make Bitcoin their central reserve but they played everyone but it was obvious from beginning, it's just that we only choose to listen to what we wanted to hear.

It should be natural, I definitely agree.

Otherwise, it's all a good sound in our ears like what we saw with the US, and much less actions toward achieving such a goal.

for what I have seen during these years, in most of the countries, people are now choosing (freely) to join bitcoin.
Why freely? because not all countries are seeing the "typical" issues like ATM withdraw interrupted (Cyprus), High inflation - corruption (many many countries)... and so on...
Even profits... who know is a new economic crisis could hit financial markets and create another crazy issue like what we have seen in these last years.
Probably at a certain point the whole society could suffer one /more of these issues (even new ones)... I would not surprised for big values and utility even without mass adoption.
 

The adoption you are referring to is to have more people use it on a day to day basis as a means of payment and then price would increase. If technology is put into place that allows for more usage or basically increase the number of use cases, it increases velocity of BTC units, but this is not unconditionally connected to price increases. There is an important distinction that must be made.

Compare it to gold and ask yourself what the use case of gold is for the average guy. You can now comment that gold can be used to manufacture jewelry or electric items and I agree. But since you are bringing up the case of day to day spending in essence, nobody uses gold for day to day payments. This is at least not the case for the vast majority of people. Yet gold' total market capitalization (https://bitcointalk.org/index.php?action=profile;threads;u=358873;sa=showPosts) is like 10x of that of bitcoin and payments is not a relevant use case at all for gold. In other words payments is not the one and only key for bitcoin to grow. More and more people will realize that it is the superior tool for value preservation and growth because velocity doesn't matter that much. It can have a huge impact if the whole world uses bitcoin for payments because it would have to have a certain amount of market capitalization in order to be able to serve transaction demand, leaving aside the bottleneck problem here.

The most important thing for bitcoin is to not get attacked in its core architecture. Exchanges will be hacked, people will be hacked, but not the network itself. It is funny sometimes how it is framed in public when an exchange gets hacked and the question is asked whether bitcoin is safe. Lockers do get robbed from banks, people get robbed off their watches. Cars get stolen. Credit cards get hacked. In some cases there is insurance and recourse, but in many cases it is not. But nobody would shout out that Rolex should be banned because a man got robbed or Visa or Mastercard should be shut down because data is sold on the dark net.

You should define what you mean by mass adoption. It is not like everybody owns gold. But there are some players owning a lot of it! In bitcoin the same will happen over time, some big players will come out on top and in this particular time, normal people have the opportunity to make use of this great innovation as an investment tool in the first place. If it becomes a major currency when technology is introduced for easy to use higher transaction capacity, in my opinion that is a plus. But for now I think it is clearly an investment tool and not a payment tool, but that doesn't reduce bitcoin's potential to grow beyond gold's market capitalization.

Let’s stop comparing bitcoin and fiat. Fiat has been the people’s official currency since then, bitcoin is still in its process for mass adoption. But I don’t think this becomes a disadvantage for bitcoin. Bitcoin’s value appreciates more compared to fiat, while fiat slowly depreciates in the long run.

However, when asked if bitcoin can succeed without mass adoption? Yes it will, no doubt about it. Even today, only few of us have been using bitcoin as a currency, the rest are seeing it as an investment. And yet, it continues to survive and stand still, and even the price surges high in time. So if it’s not a success yet, I don’t think we will be seeing bitcoin until now.

Interesting thinking, would that mean that maybe in the next 5 years we will experience a super bull run, followed by what you call Super Bear Cycle? My thinking is similar in the sense that things could "cool down" after the miners have done most of their work (which will happen in the next 5-6 years) and when we only have 1% BTC left to mine. Is it realistic to expect that things will not be the same as they are today when miners start to slowly exit the game?


I wonder how many people like that there are today and how many there will be in a few years, because it's no secret that most people are only interested in BTC for one reason. The base of those who are here for the technology and who believe that BTC is primarily a cryptocurrency is, in my opinion, very small.

I agree with you because it is not worth comparing bitcoin with fiat currencies because both can coexist without the need for any kind of competition. Bitcoin is a pretty good asset in maintaining value while fiat currencies depreciate all the time. In bad economic conditions, fiat currencies experience a much greater level of problems because their value continues to decrease so there is no certainty of holding.

But even so, we don't need to make excessive comparisons because the centralized financial system is still the choice of many people in living their lives. But when talking about assets that have value, choosing bitcoin as a step for certainty is a much better choice.

 👍

Its success is that it presents a practical example that a form of "money" without a central authority is POSSIBLE, and what made it possible is the way Satoshi implemented Proof Of Work - Make it difficult/expensive to edit/append the ledger, then at the same time make it rewarding if you're honest.

Satoshi probably wasn't a mere "programmer", but an actual scientist/mathematician who thought a lot about the game theory behind decentralized systems.

Bitcoin: If we refer to the buyer, of course the mass/adoption is greatly affecting the development of bitcoin and the price of bitcoin itself where if the user sells and buying means: buying and releasing it does not have a big impact on the price of Bitcoin.

We understand bitcoin in the creation limited 21 million pieces, the meaning is increasingly rare, of course the more expensive the price, the thinking of logic and common sense and if the adoption or hold in the long run in large quantities, automatically the influence on the price of bitcoin is very large.

Just like one item in a limited creation, with mass adoption and hold for a long time, it is certain that the item is rare and expensive, different from the goods bought and sold again, without holding the item will not be expensive in the market, because consumer demand is easy to get, it is thoughtI am a layman.

I think alot of people don't consider bitcoin as a medium of exchange for their every day transaction. They consider it more as a state of value, a long term investment plan that would yield them enough profits over time. Yes demand would drive price higher so will scarcity and to be bitcoin limited supply also plays a crucial role in the price.
We see how bitcoin adoption grew over the years, we didn't need to convince anyone to invest in bitcoin but with over time bitcoin prove to everyone what it can do in the nearest future. Now we have government and institutions trying to also get their hands on bitcoin.

There are a lot of reasons why BTC would succeed without mass adoption, and one of such reasons is that it has no single point of failure, other reasons include decentralization, censorship resistance, permissionless, etc, there would always be people who look for this features, and such people would buy BTC.

Whales can of course manipulate the price and they have been doing it, but it is only a short term thing. I believe BTC has a lot of use cases, that it cannot end up as only a 'speculative asset', so i don't think this threatens BTC's long term success.

Not necessarily. I think a super bull run would be probably triggered by some more long-term adoption. Be it companies and states buying it as strategic reserves, or a more relevant usage as payment tool. This would mean that in this case would not see the Super Bear Cycle, instead after the Super Bull Run the volatility would slowly cool down, but the usage patterns would stabilize.

For your scenario, my question is: How could a Super Bull Run be triggered without any news which hint to some adoption? This would mean a purely speculative super bull run.

One possibility for that to happen is if a "expected" bear market happens to be much lighter than before, e.g. Bitcoin only falling 30 or 40% instead of 70 or 80%. This could eliminate panic but actually trigger FOMO. But I also don't know if this is possible without some increased "real" adoption, as in a purely speculative scenario I expect panic dumps to be still frequent.

Normally my Super Bear scenario is different: as I recently discussed in another thread (https://bitcointalk.org/index.php?topic=5538320.msg65291894#msg65291894), the growth rates in bull runs have decreased approximately by 60-70% between each cycle. If this tendency continues, Bitcoin's price would be capped at $250,000 or at most $300,000, and the bull runs would become weaker. This would actually be the opposite scenario of a Super Bull: FOMO doesn't build up anymore, this means there is constant sell pressure, while potential for panic dumps still is there.

For all these reasons I think actually a Super Bull would be a positive sign in most cases. It would instead be a warning sign if the upside volatility continues to decrease without new non-speculative adoption steps.

Here I don't really understand the connection. A decrease of mining as a consequence of the mining rewards lowering in USD (until now, BTC managed to equilibrate the loss by halvings) would not have direct a direct impact on the market. Miners of course also have periods where they hodl coins and others where they sell, and thus they are somewhat important market participants. But I believe other factors to be much stronger, like "reatailer sentiment" and concrete adoption steps (big company investing in BTC for example, BTC becoming leading means of international transactions).

There is still hope for a "trickling in" of convinced Bitcoiners from those who are in for speculative reasons. But in the case the community becomes more passive, this trickling in may actually halt, and then after the Super Bear things would look quite bleak.

You are right that btc is not fiat killer or a replacement for fiat but as an alternative that is different from fiat but many people still wants to use it the same or similar to fiat currency and also as a means to earn money which many will say that btc is also an asset hence the debate about whether the btc is an asset or not. It's not just about its volatility but also how btc is made where no entity is behind btc like the fiat where the government has control over it.

States and large private companies can use it if they are sanctioned, or if they just don't want to use banks for any reason, because it's the main advantage of Bitcoin, you can use it without needing a third party like a bank or an exchange and nobody can censor your transactions or reverse them for whatever reason, so even if mass populations don't adopt it as a currency for daily expenses, Bitcoin can still succeed if more countries and large companies choose to use it for trading goods at an international level.

https://finance.yahoo.com/news/vaneck-confirms-china-russia-settling-183029821.html
https://www.themoscowtimes.com/2025/03/14/russia-using-crypto-in-chinese-and-indian-oil-trade-reuters-a88370
https://www.reuters.com/business/energy/russia-leans-cryptocurrencies-oil-trade-sources-say-2025-03-14/

Sanctioned or not sanctioned, citizens, companies, governments can use it if they want publicly or secretly, legally or illegally ans surely using it secretly, anonymously and legally would be a better choice for any entity or person.

Bitcoin success starts from its idea, early developments with discussions in Cypherpunks, the launch of Bitcoin Genesis block, the Run Bitcoin (node) from Hal Finney, the first Bitcoin peer to peer transaction from Satoshi Nakamoto to Hal Finney, a first successful trade of bitcoin for pizza and later events like first exchange ...

Its success, in other words, come from small step by step but with great achievement and milestone for Bitcoin, before it comes to times of mass adoption. Mass adoption can not come without any small earlier things.

In addition to the discussion, I think Bitcoin success is relative to its goal.  Does its goal includes mass adoption? If it does not, then we can conclude that Bitcoin has already succeeded; if it includes mass adoption, then Bitcoin is halfway there.

Reading the simplified version of the whitepaper in this article: https://osl.com/academy/article/bitcoin-whitepaper-simplified-for-everyone

We can see the purpose and goal of Bitcoin and verifying whether the purpose and goal is fulfilled:

Purpose.of.Creation.and.Key.Concept..................................	Status
Decentralization of control	✅
Peer-to-peer transactions	✅
The blockchain ledger	✅
Cryptographic security	✅
Anonymity and transparency	✅

Vission.of.Financial.Freedom......................................	Status
To Empower individuals	✅
To Reduced reliance on banks	✅
Greater financial inclusion	✅
To Enhanced privacy in transactions	✅
Provide Opportunities for innovation in finance	✅

That said, Bitcoin is already successful in its implementation.

That’s definitely a way to look at it but then again, what’s success without mass adoption? There isn’t any success without mass adoption. It doesn’t matter if cryptocurrency serves as money or not. If it doesn’t retain all the qualities of money which the most important of it is its general acceptance, then it haven't been success as money. It’s a global currency and so should be accepted by a lot of merchants across the globe.

Let me say this as a reminder, bitcoin is created to be used as a currency, an alternative mode of payment next to fiat. However, I can say that until now, we are still working on its process since global adoption has not yet to happen.

But honestly, I don’t see it as a failure for bitcoin. The fact that bitcoin has already given us a lot of advantages and opportunities to be in profits, that reason alone justifies that bitcoin has already been successful. Although not in terms of a currency, but as an investment wherein everyone here is taking advantage of it.

But adopting bitcoin as a currency, payment method is completely different from adopting bitcoin as an asset, an investment.

In terms of investment and assets, it can be said that bitcoin has been successful in being recognized by legitimate and world governments. But in terms of currency, it has been a complete failure because hardly any government or country recognizes it as currency. El Salvador is the only country that has legalized bitcoin as a currency but that is not enough to say that bitcoin has succeeded in its goal of becoming a currency.

So to say bitcoin can't keep up transaction wise is to forget what bitcoin is, at it's core...code.  The blockchain is programmable and has been "updated" "enhanced" whatever you want to call it by elite cryptographers/Dev team ..and one of those geniuses is a mod here so I will quote from a recent article that discusses his work (Greg Maxwell and if Greg happens to see this post, congrats on the award!)

"As open-source software, Bitcoin relies on voluntary contributors to maintain, review, and improve its codebase. Unlike a traditional company, bitcoin has no central authority, making the work of developers like Wuille and Maxwell critical to its continued success. Both have played pivotal roles in ensuring bitcoin remains robust, secure, and a practical tool for financial freedom.

“Wuille and Maxwell’s efforts have demonstrably made bitcoin a practical human rights tool for millions of people, especially so many who labor under authoritarian regimes and financial repression across the globe,” the Finney Freedom Prize announcement stated.

Their contributions have helped bitcoin become a powerful financial resource for individuals worldwide, particularly those in repressive environment". - https://bitcoinmagazine.com/press-releases/pieter-wuille-and-gregory-maxwell-receive-the-finney-freedom-prize

Mass adoption is somewhat already here..with ETFs , love or hate em, it's changed the game.  Just look at how stable btc's price has been throughout this craziness in the US/stock markets for months now.  IMO bitcon HAS already succeeded.  I transact w/it often. Always will.  Others will as well and more will follow. 

It's difficult to convince skeptics of Bitcoin's future because they usually have pre-existing opinions that are difficult to change. However, we can try to provide some evidence from the current reality we live in.

I mean, if you look around you at what's happening around the world, from the economic crisis due to the tariff war, to inflation, to the uncertainty surrounding the dollar and traditional fiat currencies, you'll find that all of this has prompted many governments and institutions to search for reliable alternatives, Bitcoin being one of them.

Many governments have begun to consider establishing a strategic reserve of Bitcoin alongside gold, and some have begun considering using Bitcoin to settle international payments. All of this indicates the increasing certainty in Bitcoin compared to the uncertainty surrounding fiat.

Bitcoin is becoming increasingly popular as an investment asset, funds and companies are starting to add it to their portfolios, not as a manipulative asset, but as a long-term investment. I also think that over time, Bitcoin will become increasingly popular as a reserve for states that want to adopt a corresponding law on Bitcoin reserves.

And the idea of ​​Bitcoin as a means of payment will most likely not take root, because the more expensive it becomes, the less attention it will attract from the population, who will consider it too expensive an asset.

Although, the "Super Bull Run" is already happening today, no? Zoom out to the maximum.

Plus long-term adoption would definitely help in the Bitcoin price surge, but I believe it's not entirely necessary because even if Bitcoin currently stays as a mere "speculative asset" - yes like GOLD, the expansion of the money supply will ensure that its price, and therefore its market value will keep going up.

Without adoption, everything will stagnate and have no trust whatsoever. In bitcoin this also applies regardless of whether the adoption comes from the government whose goals are different from what bitcoin wants to achieve. On the other hand the government will continue to maintain fiat as a means of transaction in any way, fiat is always their option to control finances. Regarding this gap, we will review the policy where several countries place bitcoin as a commodity asset and I think this is still quite good.

Bitcoin's power is in being independent of traditional systems, independent of authorities. It is a tool of digital economic freedom, especially now, when geopolitics is unstable and governments try to control everything.
Mass adoption doesn't have to mean "paying for coffee with BTC". It can mean over a billion people using BTC as savings, or for big purchases. I don't think Bitcoin will replace fiat any time soon. But it's okay, it doesn't have to.

They are doing many things to achieve that ultimate goal of controlling their citizen financial flows better, with AML/ KYC policy, with stricter regulation on stable coins, with their developments, trials, tests and launches of their CBDCs, and more.

There are ways for people to choose for maintaining privacy and anonymity but there will be less choices with time and the world becomes more less freedom from speech to finance. I believe Bitcoin can provide us best decentralization, censorship resistance but to have privacy and anonymity, we need to do many things practically and can not rely only on Bitcoin.

https://www.lopp.net/bitcoin-information/privacy.html
https://bitcoiner.guide/privacy/

Bitcoin wasn't designed to compete with fiat for everyday transactions, but it was designed to compliment transactions in a fast, reliable and unique manner that exclude the influence of third party involvement in it's transactions. Hence, Bitcoin is ought to be used in transactions where we intend to remain anonymous, while fiat continues to be used for our everyday transactions.

The best way to convince such people who have doubt about the future of Bitcoin, due to how whales holders and corporations could dominate supply and manipulate the market is the buy the amount they can always afford to lose, and not invest all their hard earned money in Bitcoin with the whole intention that it's price will always skyrocket and not fall.

We can't ignore fiat anyway, because fiat is still running the world. Without mass adoption, we can't imagine Bitcoin would reach such a price. So why do you think Bitcoin will succeed without mass adoption? Even the US government is adapting to Bitcoin since they decided to consider Bitcoin reserves. What else do we need when a powerful country is adopting Bitcoin?

To be honest, without mass adoption we can't see Bitcoin succeed. Who will use Bitcoin if there is no point to spend it? So adaptation is mandatory to grow Bitcoin. We are witnesses of massive adaptation, and it will not stop very soon. So we can get ready to see Bitcoin higher and higher.

Have no Trust? But Bitcoin is trustless?
 
  ¯\_(ツ)_/¯

I believe that, currently, even if Bitcoin is adopted as a mere asset to be HODLed, not transacted, it WILL NOT stagnate. Plus HODLing Bitcoin isn't merely "holding". It's actually a bet that the Federal Reserve and other Central Banks around the globe WILL print more money and expand the money supply.

Expansion of Money Supply = Bitcoin Price Surge, No Stagnation.

 8)

That gap is not easy to fill, we might not able to fill it ever. Sooner or later bitcoin will collapse. Its like make money while it last. Crypto currencies incur high % of fee for every transaction as compare to regular currency. In the start of this whole crypto thing, they pitched the anonymity concept, that to no longer exists.

Tons of other factors. Unless you are a really big whale who can change the direction of the market, be careful.

Exactly my point that's when it comes to believe and conviction it should be solely a thing of personal than doing it because it is what others seems to be doing or talking about, the truth is that efforts to input when the belief and conviction is personal will apparently be different from doing it in the light of what others are doing, surely there is higher probability of of Bitcoin doing even more better in the future but yet there is no guarantee but considering the percentage of those yet to know about Bitcoin which is very low, in my own view adoption will increase because of high want of technology and digital lifestyle Bitcoin has a long way to go and we all have to take responsibilities for our own actions.

I think Bitcoin adoption is continuously increasing. When Bitcoin was founded in 2009, the number of Bitcoin users was very low, but at present, that number has increased significantly and it will spread even more in the future. The common people are not only considering Bitcoin as a trading tool, they are now seeing Bitcoin as a store of value. Along with gold, people are now becoming interested in accepting Bitcoin. Especially the new generation is considering Bitcoin as more valuable than gold. Moreover, since Bitcoin has a fixed supply, people are more enthusiastic about accepting it.

It is not something that everyone will use like fiat because to use it, it is necessary to have minimum technological knowledge. It is not that Bitcoin will be universally used or everyone will have to use it. Bitcoin is a blessing for those who prefer a decentralized system and want to secure their assets.

That won't be enough to make them stay. But that's a good reason for those that have understood the logic and comparison about the early days of internet and then how it's still early for them to see Bitcoin before reaching a million. We need adoption, mass or not, as long as there are people using Bitcoin for payments and mostly for being a store of value, the price of it is likely to increase for the upcoming years to come. Looking on how it performed for the past decade, isn't it enough for these people to look at that reason?

Bitcoin is becoming a very good part of every day life it's more of our Fiat currencies that we spend every day this is because awareness about Bitcoin is increasing which has impacted much on the adoption level I see a bright future for Bitcoin because more people are starting to see the value and potentials that Bitcoin has , Bitcoin is one of the most successful projects or inventions that anyone has ever done in recent times and even though much people didn't give it much attention in the beginning that narrative is changing fast.


Everyday more people are adopting crypto currency infact in this present level that Bitcoin is with or without mass adoption Bitcoin is going to be a success this is because people has seen Bitcoin as a store of value and many has even seen it more from a business point of view so I don't see the possibility of Bitcoin having problems because Bitcoin has proven overtime that it can survive with or without much crowd

Without adoption it will be rendered in relevance and bitcoin future depends on its growth just because of the kind of reputation that bitcoin holds it have built it self to have become useful and bitcoin is competing with some top investment in the world of investment ratings.

And I know that people did not want to accept Bitcoin in the first place and people that trusted bitcoin are wondering how it will appreciate and see bitcoin today its just as if they did not waste there time at all because a lot of people would have heard about it and they won't even care because they prefer to put there money in a safe place.

And from the beginning people need to actually accept it that when it comes to some circumstances they need to take risk and the risk the early investors have taken have paid off so never underestimate anything.

I'll convice those by saying bitcoin is supported by mass adoption so yes, it's really difficult for bitcoins to survive without mass adoption. The more people hold bitcoins, the more secure the network is. Also the price will only rise if the demand rises which again needs mass adoption. So to see bitcoins succeed mass adoption is really important. I don't see any reason why common people won't treat bitcoin as an investment & monetary asset. Bitcoins possess all the qualities a good investment tool should have so it can definitely be reached to masses.

The word of bitcoin is already spreading like fire with bitcoins touching $100k. We already are eyeing mass adoption so much better can be expected in the future. I'm positive with bitcoins and so are hundreds of thousands of people with me.

But there are people who define "Mass Adoption" differently. Their definition is for Bitcoin to actually be used to succeed, which "succeed" is probably defined differently as well. Because if they define "Mass Adoption" and "Success" that way, then we can probably agree that, currently, Bitcoin has neither "Mass Adoption" as a currency and therefore hasn't found "Success" yet.

But in actuality, is Bitcoin an unsuccessful Open Source project? I believe not. It's our generation's Tour de Force.

I'm curious how much of an impact would usage as an increased payment tool eventually have on bitcoin's value. Because I think an increase in usage as a payment tool is the step after bitcoin broadly became the safe haven for storing value. To have an impact on bitcoin's price, the sender of bitcoin and the receiver of bitcoin would have to remain within the network and not exit it via a payment provider into fiat money. An increase in payments alone wouldn't do much I think, unless it goes hand in hand with all parties staying in bitcoin as then they would have to hold bitcoin in order to be able to transact in bitcoin.

If payments increase because it is made easier to get in and out, the impact would be limited as it would come down to the velocity of fiat - bitcoin - fiat - bitcoin, and I think this the price effect could perhaps be negligible. It has to become a unit of account that people trust and they don't use it only as a payment tool, but then exit the network because of volatility risk.

I assume you are implying that the whole scenario changes when bitcoin becomes more than a bridge, like a basic payment tool where users realize an incentive to have bitcoin at their hands in order to transact at favorable conditions, whether that be speed, price, privacy...

Lately, there’s been barely any major news about Bitcoin adoption, just small bits here and there. Most of the hype is just speculation, ‘Bitcoin will hit $100K+ because X company invested’ or ‘Y country might make it a reserve asset.’ But that’s still just investment talk - HODLing, not real-world use. So where’s the actual adoption? When do we see people using Bitcoin instead of just hoarding it?

Bitcoin won't collapse bro, it has the structural points for building. Limited supply so no inflation. While US money is printings every day. The day will eventually come when the bills value will lower than the printing paper . It's all a number game in fiat , But Bitcoin is build for overcome this.

This about the possibility have on bitcoin.

Has Bitcoin not already succeeded without mass adoption because Bitcoin is being talked about everyday and if it wasn't successful, it won't be a subject that the media are always discussing and the government of different countries are looking for ways to legalized it or banned it for government still seeing Bitcoin as a threat to the economy of their country. Bitcoin needs the mass adoption but it's not going to force it on itself because for the few people that are making use of Bitcoin, Bitcoin can still survive with them. Bitcoin doesn't need new people to survive, it's a currency that can strive with the few adaptors that it already but adding more people will make Bitcoin more successful. Bitcoin isn't there to compete with fiats for everyday transactions.