Bitcoin Forum

personally I want Bitcoin to go mainstream, call me an idealist but it will mean sound money for once globally and all the benefits for people globally.

BUT. I'm also selfish and if people aren't going to wise up and are more likely to trust the MSM then who gives a crap, its their problem I mean as long as I can store my wealth in Bitcoin, move it over borders protection in a currency crisis etc I couldn't give a rats ass if it goes mainstream. I know mainstream would boost the price a lot but even if we hardly have any growth in users and it remains a niche market the price will still eventually increase enough to make most people happy. So maybe people should stop crying for acceptance from the mainstream and give a finger to them rather than begging for legitimacy and regulation. Ironically it would make Bitcoin more attractive to many people as well. Bitcoin is like the weird misunderstood kid at school and instead of being aloof and confidently different many are wanting Bitcoin to make friends with the popular kids, its sad, wrong and a mistake. Where's the revolution spirit and anti establishment that I'm sure Satoshi wanted and made Bitcoin to counteract.

In a nutshell screw Bill gates, Screw Warren Buffet, Screw the FED's, Screw everyone who opposes democratization of money that puts power back with the people not governments and their printing presses. Seriously screw em and stop pandering to them. We need leaders in the crypto community that instead of wanting to build bridges all the time should be acting more like the Sex Pistols.  

Not at all.


And for exactly this reason. Bitcoin isn't to go mainstream overnight and will happen slowly over time. These get rich quicksters by definition aren't in it for the long haul and would probably dump their coins as soon as they can make a decent gain which will likely be premature in the grand scheme of things and looking at the full potential of bitcoin.

Bitcoin has to be more radically accepted for it to be a currency. No point having 50 bitcoins if you can't buy a bag of chips.

I'm actually not against getting rich, even quickly if that's the case but I don't need massive mainstream adoption to get rich from Bitcoin I just need the rest of the world to depend on rapidly inflating fiat. I know gold bugs often dismiss Bitcoin but it's a digital Gold in my mind even if not one single more person adopts it. And the reality is even if we do t have lots of people taking it we have many ways to convert it to capital goods or yes fiats. Fiats are fine in the short term, you just don't want to hold onto them for any extended length of time.

I honestly don't know why people suggest we can't buy much with Bitcoin. Especially easy if you live in North America.


http://www.overstock.com

Well, as a liberal, I definitely hope bitcoin goes mainstream

I would like to see Bitcoin going mainstream simply because it is so useful. Bitcoin is perfect for transferring value across borders: paying for products and getting paid for services.


"Mainstream" and "price" do not have to positively related. We can go mainstream and have a stable low price, and it's not a bad thing either. Bitcoin would loose it's speculative aspect and users will focus on its uses.


No, not really. This is a far too simplistic view of bitcoin users and supporters.

I'd prefer Bitcoin to be legal to use. I am not on the black markets in the Dark Web. So, I'd like to pay for stuff I really need in Bitcoin. There isn't a point in having money, I can't use.
I'd like to be able to buy Bitcoin on an exchange. I hope for decantralized exchanges to come this year, but I still want to pay online. I don't want to have to buy me Bitcoin in a dark corner in the middle of the night, cash only and always have to fear that the seller might be an undercover cop.
Yes, we need legitimacy or Bitcoin will die, since most people will just leave.
So, please spare me your romantic anarcho crap.

I think the general populus would immensely start understanding and caring about the technology once its released.
Right now, a lot of people understand the concept, but don't use it.

bitcoin's main problem for worldwide adoption has always been the volatility issue. with it going mainstream, I always expected the price to become more stable. I mean with higher market cap, it is harder for the speculators to control and manipulate the price. That's only my concern, or else I would be happy enough or would bother less on what happens outside my circle.

Are they selling Senior memberships on here to any retarded FED official that makes an offer?

What the hell are you talking about Bitcoin is legal. Who said mainstream means its more likely to become legal. You got it around the wrong way, if it stays a niche sector the establishment wont care, if it gets too big then they will come down hard on it more than likely. You hope for decentralized exchanges? What do you mean we already have them. And how do you think Bitcoin is just going to die? Do you really envision a time when every single person goes oh sod this I'm going back to the good old days of Western Union. So much wrong in such a senior poster it makes my eyes sting reading your post.

@nextgencoin
I meant what i posted as a metaphora. But then my statement is true if you think of it in global terms. Sure bitcoin is going places. But wouldn't you want to see how far it can really go? :)

Oh the "establishment", I see. You should smoke less of that cheap weed. That shit makes you paranoid.
Btw. I earned my Senior membership and I am not even from the USA.

 do you mean like 10,000 btc for a pizza ? :)

I care. More than getting "rich" off the few BTC I have, just to silence the Bitcoin hating trolls. Priceless. They are already getting quieter even now.

But most people don't live in North America.

I live in Mexico (still North America, but still not the USA). I can't do much here yet.

Actually my honest belief is Bitcoin will go 'mainstream' at some point but it will be opposed at every point of the journey. I just wish Bitcoin leaders were a bit more confident about it eventually taking over everything like a good virus. So we can get to that stage in a cool way with a swagger or slightly begging to be let into the party.

The fact is this, the American dollar and financial system simply can't stand strong forever and when that's clear to mom and pop and that Bitcoin is unaffected or has benefitted from it then you will struggle to hold back Bitcoin even if you wanted to.

You are closer than I am, international shipping is your friend. I dont think it's shameful to convert to fiat before you buy stuff.

I also care, bitcoin must go mainstream, this is our biggest challenge.

Just because you consider others ignorant in bitcoin or cryptocurrencies , doesn't mean they don't gain the same advantages as you when it comes to trading with it.

We all should care.
If Bitcoin goes mainstream its value will increase a lot, so we will earn more.
We will also have much more opportunity to use our bitcoin funds for buying different digital products, holidays trips, e-books etc.
Yes, we should care because anything good happens with btc impact us in positive way :)

What? No. Anything you want to buy online can be done with Bitcoin now.


I could care less if Bitcoin goes mainstream. I actually welcome people to stay with their fiat, I have told my family and people that I care about how to buy bitcoins and continue to do that for them (I wish they had listened to me at $17/BTC). But the same losers that vote for Obama and Romney. The same people that have destroyed the US. They get what they deserve and they deserve to be late to Bitcoin.

If Bitcoin usefulness as a currency was frozen to its current use, it would still be 10x more useful than fiat. But I know there are thousands of people out there working to advance it.

Right now it can be used to pay for anything online, can be used for remittance, used as a store of value, can be used for gift cards for most major retailers in the US.

The two things that would make things easier for me personally would be a Bitcoin bill pay service and hopefully this Indego point of sale service working out where over 25 million retail shops in Europe will be able to accept Bitcoin.

I care too. It's not about just wanting to get rich quick but I think it needs to gain at least some mainstream adoption for it to be seen as a viable currency. After all, what good is a currency that you can't spend?

Why do you need it to be seen as a viable currency? If you can spend it now, why worry about how others see it?

I believe that to reach mainstream adoption, we need to have the whole infrastructure in place. A cryptocurrency ecosystem already in place. Mainstream users just need to click BUY WITH BITCOIN and that's it.

But we can't really spend it now. Sure there are a few places here and there but zero places on the highstreet.  I think everybody wants to be able to spend their coins but until people can actually spend it in many places in the real world then it's still going to be seen as just a niche thing for geeks sadly.

It needs to go mainstream and the price will be more stable which has some kind of correlation. The more the adoption rate is, the more stable of the price! Ppl will adopt it and experience the benefit of it comparing with the traditional fiat!

I think we all want bitcoin to go mainstream. The speculators do to make a profit and the believers do because we actually want to buy shit with it.


What do you base this on? I don't think it going mainstream will necessarily make it more stable.

I agree with you.
We all want bitcoin to go mainstream because we will have many more ways to use bitcoin, spend it on buying many digital goods...
This will also create higher demand for bitcoin and this will eventually helps stability of bitcoin, price will go up etc.
We definitely need more average bitcoin users and mustn't become exclusive club or stay in some marketing niche.
Such scenario can kill bitcoin in long term. 

I want bitcoin to go mainstream to challenge the banking system. We want bitcoin to succeed just to prove we are able to see the potential right from the beginning when the majority is dismissing it. I am not supporting bitcoin for profit, I have too little to matter.

On the long view, any time you accept fiat in exchange for control over any quantity of bitcoin, you have made a poor decision both ethically and financially.

You have accepted violence-backed fiat scrip, thereby tacitly endorsing its legitimacy and value. In doing so you make our world a more violent and less democratic place.

http://www.exohuman.com/wordpress/wp-content/uploads/2013/04/bitcoin_300-597x247.jpg

To be crystal clear, I am arguing that as bitcoin (and geopolitics) downsizes fiat marketcaps by orders of magnitude, the more democratic and less violent the affected societies will become.

We need mainstream adoption to have a high stable price, basically.

I still can't wrap my head around the effect of large retailers coming on board (Amazon, Walmart etc)... are the buyers really going to outpace the quick dumps?

Yep they will, amazon and walmart is huge.

I personally care if Bitcoin goes mainstream.  In fact, I want it to go mainstream.

I want to be able to buy cheap boxers at Walmart, buy diapers on Amazon, or fill up on gas at the gas station using Bitcoin as a payment method.  I want to book all my trips in BTC, not have to worry about exchange rates when travelling abroad, and send money to my great nana in the Philippines without exorbitant fees or long wait confirmation times.

I know there's ways to do this with Bitcoin, but still in roundabout ways, indirectly.  There's Gyft, and Purse.io, and Rebit.ph, etc etc

What I'm talking about is when Bitcoin use is 1 click directly without 3rd party, without getting redirected to Coinbase or Bitpay and waiting for 6 confirmations, without copy and pasting a BTC address.

Either by QR scan code or NFC or some sort of smart payment processor that does everything behind the scenes without me checking BlockChain.info every 10 minutes to see if the confirms are finally going through.

I want Bitcoin to hit the mainstream badly, but I know we're still a ways to go before we're ready for primetime.  That said I believe in continued patience, as I see so many things in the pipeline, the startups, the investing, the development, the continued adoption by retailers.  

Going mainstream isn't a bad thing.  If anything it'll lead to more funding, more interest, more brilliant people wanting to get involved, and we get to see this grass roots movement go full tilt and change the establishment in a great way.

They have guns and will kill/torture me if I refuse to use the Fiat their masters give them.

We all want bitcoin to go mainstream obviously, and its not only because we want the price to be higher, but also so that we can use our funds the way we want to without everyone knowing where we farted.
And to get critical mass, we dont need another hype the puffs and settles, no.. we need to do what we do, spend our bitcoins, continue to better it, continue developing aps and software thats bitcoin related, and show
the world why bitcoin is awesome replacement for copy-paste fiat.

cheers

...

BTC going mainstream would clearly give us (and soon-to-be adopters) more options and more ways to use Bitcoin.  IMO that is an unequivocal good thing.  It would likely make segments happy too (eg, merchants who avoid 3% credit card fees).

But, for now I am happy enough that PM dealer providentmetals.com (http://providentmetals.com) takes BTC (there are about three other gold dealers who do as well).  THIS for me is important.

I would also like more options for spending BTC overseas when we travel (Peru, Europe).  Or even taking local FIAT$ form a foreign ATM in case I needed local money...

It's irrational not to care if Bitcoin goes mainstream. Bitcoin is either better or worse than fiat. If it's worse, it's irrational to want it to go mainstream. On the other hand, if it's better, it's irrational not to want it to go mainstream.

I'd love this considering how much I've invested in the currency.
God knows how much I hate PayFraud!

I am sure everyone cares if it goes mainstream . Almost everyone cares when technological advances happen.

Almost no one cares. Almost everyone feels entitled to the benefits, but almost no one considers the (usually externalized) costs.

I want Bitcoin to go mainstream. 

Bitcoin solves a problem - frictionless, conversion-free transfer of value from person to person, world wide.

There are a thousand people standing there wanting to get their hands in your pocket whenever you want to transfer value from one place to another, for whatever reason -- western onion, visa, innumerable currency exchanges, bankers with foreign-exchange fees, money order companies, etc ad nauseam. 

Bitcoin.  Bam.  Go get a job, you goddamn parasites, and try to be productive for a change.

Bitcoin is one stroke that cuts out a whole bunch of commerce-impairing middlemen and toll-takers rent-seekers and obstructionists.  It's going to be regulated, monitored, and taxed.  Because it's money, and that shit happens to money.  But it's not going to be systematically stolen by powerful crooks without leaving any evidence, the way other kinds of money are, because blockchain == evidence.  The petty corrupt can't steal Bitcoin and then pretend that it hasn't been stolen.

That is the primary reason I want it to be adopted.

As an investment?  Short term, if/while it grows with increasing adoption, that's high risk but high potential gain.  Long term?  Not so great.  In the long run, it doesn't represent a group of people using assets to  be productive, and bluntly when nobody's working their assets off, nobody's getting paid.  So returns measured in constant units, in the long run, must tend to zero.  Whether that happens at value zero (meaning complete and utter failure) or at value N>0 (meaning stabilized prices after adoption) it's going to happen.

If it has value in the long run, then it will be useful in portfolios an inflation hedge and a counterbalance against overexposure to the financial-services sector, like gold.  But once it's been adopted, it won't be the primary basis of a portfolio that's actually profitable.

Bitcoin will continue to gain value so long as three things remain true:

-Supply is scarce (21 million btc)
-Energy (for mining) is scarce (no infinite free energy technology)
-Capitalism is the method by which we distribute goods and resources

Of these three, only the demise of capitalism is probable in our lifetime.

That gain in value is an illusion brought about by measuring value in inflating currencies.  It will be worth larger numbers over time, not larger wealth.

Getting rich on other people's work only happens if you've loaned them money or otherwise ensnared them in a debt-based system, and the beauty of Bitcoin is that it's NOT debt-based.  People who actually produce wealth and don't owe loans they have to pay back, and aren't enmeshed in a gigantic loan made via the whole currency and banking system they use?  They get to keep the wealth they produce.   People who just sit there holding some coins and expect other people's work to make them rich, post adoption, are going to find that it just doesn't work.  At least, I devoutly hope so.  Insofar as I'm idealistic, that's the ideal. 

Bitcoin is second-order productive -- it doesn't directly produce value that can go into someone's pocket.  What it does, ideally, is to cut out middlemen, remove market friction and resistance, and thereby make all the first-order productive stuff that does put money into people's pockets  (people working their assets off) work better.

All of you should care about getting BTC into the mainstream physique, its the only way to balance the price. High money flow = more stability.

It is not a question of whether Bitcoin goes mainstream or not, it is instead a question of whether people wish to truly control their own money/value/worth.

Right now Bitcoin is being marginalized and contained by way of governments and their imposing laws, and will soon be nothing more then another digital payment system.

People are supposed to control their government, to direct and guide their government for the betterment of the majority population.  However, this simply is not the case, in that the government is entirely opposed to the people, and does what it must in order to maintain said control over the people.  It maintains this control by way of fiat currency and with all of the laws that are designed to protect it, and with all of the agencies employed to enforce said protection.

Cryptocurrencies at this point in time are only as good as are they valued against fiat currency, hence, they are nothing more then tokens in a digital payment processing system.  It does not matter that the ledger (blockchain) is not centralized, because the entry and exit points to fiat currency is centralized, and is highly controlled by government, which is why the government maintains such control over the people.

When people vote for a President, it is not their vote (or majority thereof) that elects a President, instead, a President is elected by the Electoral College vote, and so by design, it will NEVER matter who you vote for because you (the people) under design of government are not empowered with such privilege.  But even if you were, it still would not matter because you are giving your vote (proxy) to a President that will not be accountable to you (the people), but instead will be subservient to the puppeteers (the ones that are really in charge, the underlying powers, aka Zionist bankers, the ones that control fiat currency).

Every aspect of fiat currency is controlled by people that are beyond government, hence government law has no rule over them.  Yet, government law has absolute rule over the people.  So, until the people get control of their government, they will have no hope or chance to control value and worth and the exchange thereof, apart from trading and bartering possessions.  

Back when the United States government was formed, it was not possible for people to travel across the country on trains, or fly on airlines.  As such, it took considerable effort to travel from one state to the next, and was often met with accident, injury, and death.  So, to that end and at that time, it made sense for the people of each state to give their proxy to select individuals (congressmen, senators), whom themselves would travel to DC and be representative of their state.  But along came the train and with it the ability to travel from one coast to the other in a matter days.   Then came flight, and it was then possible for any senator or congressman to travel to DC in matter of hours.  And in-between these also came the wire and then the telephone, and so collectively it became possible for any given state to reclaim their individual rights to vote (both as a state, and as individuals within the state), which meant people no longer needed to give their proxy to a select few.  Finally, the computer came, and then the modem came, and then BBSes, and then the Internet, and by 2000 there was absolutely no good reason why the states and the federal government needed to be run by only a select few individuals.

Today, we have every technology to engage in direct democracy, wherein we need not elect officials for the purposes of giving them our proxy.  Instead, we the people can vote directly on any and every issue concerning them and their state, and concerning them and their federal government.  Elected officials should only SERVE the will of the people, where the people vote and make the decisions, and the elected officials do the actual job of making sure the decisions are implemented.  

The blockchain could today, at this very moment, be used in each state and by the United States for the purposes of direct democracy voting, wherein the people hold the ledger and account (thus having true accountability), wherein people may 'pay to play' as it relates to what they do and do not want, such as war, or having potholes repaired on their local street.  There is no good reason why the people's money should go into a blackhole government that itself decides what it should do, or rather, is told what to do by those who create and control the fiat currency.  Until people wake up to this fact, and until people actually do something about this, then advents like Bitcoin will come and go, becoming slaves to the fiat currency against which they are valued, of which the people has no control over such value.

If Bitcoin going mainstream means that the average Joe pays less in taxes than that's great! Otherwise I think only the halves will benefit
from mainstream acceptance.

Bitcoin is not about paying less taxes.
Read the white paper.

Improved and enhanced. not hostile bitcoin

You're sick. And I find it disgusting that such Nazi propaganda is regularly included as offhand remarks on this forum without being challenged. Your society/government/money is not controlled by evil Jewish puppeteers. This was also not true in Germany in the 30s. It's just an idea that appeals to many, many sick people in the world.

I don't care if bitcoin goes mainstream. One of the reasons I like bitcoin is it allows me to be independent of a support system for Nazis like Eric Jarvies. I suspect the mainstream likes participating in a system that supports Nazis like Eric Jarvies. If I'm right about that, then fuck the mainstream.

The problem with the totalitarian state, is that people generally give up their sovereignty and give their support and money to people who trample on others' rights. It has nothing to do with race, words, symbols or uniforms. You think that you watch out against the evil, while you in fact are a part of it.

Bitcoin won't mean paying less taxes. If anything it's just another thing for them to tax and they will. If people get caught avoiding paying it they'll also go to prison.


I don't really se  what is Nazi about it. Zionists exist but I don't buy into most conspiracy theories about them.

What do you mean by 'go mainstream'? I don't think Bitcoin will be used universally to buy groceries or pay for a cup of coffee. I believe it will be used as some sort of back bone or a store of value - much like gold, real estate, etc. It will find its niche no one can even predict these days!

Your comment seems to mean, "I don't see what is Nazi about saying 'Zionist bankers are the puppeteers who are really in charge'." I'm not sure how to respond to this beyond saying we seem to have very different ideas about what the Nazis believed.

That's all it was ever supposed to be.  Bitcoin is a digital payment system that doesn't have a central point of failure and doesn't divert money into the hands of an owner. 

All this crap about bringing down banks and governments is just that -- crap -- and always has been.  We're not revolutionaries here, or if we are we're laughably ineffective ones.  We're just working out a more efficient way to transfer value. Even if we figure out a more efficient way to transfer value, banks and governments have legitimate jobs they are still needed for and can legitimately get paid for doing. 

And transferring value more efficiently does not make anyone an enemy of the state or crap like that; on the contrary it makes the commerce on which the state depends stronger.  If it works this is the sort of thing that earns gratitude and Nobel prizes, not the sort of thing that earns enmity and censure.  Sure, there'll be a few disgruntled money transfer businesses like Western Union.  Boo fuckin' hoo.  Nobody important gives a crap about them, any more than they gave a crap about the coal-oil companies that went out of business when cities electrified their street lighting.

Also?  Quit framing with broad racist stereotypes.  It makes you look like a goddamn hatemongering tool.

Broad stereotypes?  If I refer to a group of United States citizens whom own/control a large banking conglomerate as being 'American bankers,' could that really be construed as a stereotype?  Much less a racist comment?

I fail to see any derogatory remark in that statement, similarly, similarly, I fail to see any in the 'Zionist banker' remark either.

And why J. J. Phillips felt compelled to inject anything Nazism is beyond me... perhaps if the context included Germany ~70 years ago, but it didn't.  It merely and only delved into United States matters.

 :)