Bitcoin Forum

As we all know, Bitcoin is already used worldwide.
It's not official payment on the net yet, but I've listed many random accounts by Blockchain and I see some owners "Total Received" amounts are 3 digits, which is not small.
I don't know if it is allowed here, but I'll list some, just curiosity is it "normal" that someone can have (and now) that much coins?


For example,

4130 here
https://blockchain.info/address/15Jka9dPLEw1JAYPeRD2tYngZfUT48zCAX

2049 here
https://blockchain.info/address/1MPxhNkSzeTNTHSZAibMaS8HS1esmUL1ne

788 here
https://blockchain.info/address/14Dhs1bNFEzidY5V1YrVyvYW1jszT5oFUD

775 here
https://blockchain.info/address/1Niv1UeCy3VVf2J6STK4mmWLz43d4wcspM

282 here
https://blockchain.info/address/14txxKe2LTiXeshaXafa7eLPdyS6FyRVkD

232 here
https://blockchain.info/address/1KN9dZJeyjhkARGh1Smws8JcBXG1yLJTEz

207 here
https://blockchain.info/address/1BqsBJqp1bhRFqh1wAthuoBfG9rSx97f3h

125 here
https://blockchain.info/address/1Ff3ZGBP6oaR4tjAzmKknVyFuXqaNrkyDa

and so on.


There is a ton of transactions and addresses, you can explore a whole day.

Now, my question is:
If so much and wide used, why, simply - why not accepted global yet?
It's simple question. It is being used for a very long time. We saw all (good and bad) sides of it.
Then what is waiting for acceptance?

Probably some of the addresses generated are used only once and not used again. And also take note that some may have lost privkey.

Global acceptance takes time. To be able to be widely-accepted as a form of payment, bitcoin's price must be not too volatile so that merchants won't have a hard time selling their products to a loss.

The "total received" value is not the amount that the address holds. For example, the 4130 address currently holds only 17 BTC.

Anyway, an address with 4130 BTC is equivalent to a bank account with $1 million. Do you consider that abnormal?

To answer your question, bitcoins are accepted globally, just not by many people. Bitcoin hasn't been around that long so it is not surprising that it is not widely accepted, but acceptance continues to grow.

It's not long time?
How much time is long enough to get accepted?

It is accepted and used globally but just not by all

It is used globally but not accepted.
By accepted I want it:

- pay bills by Bitcoin
- add funds to PayPal by Bitcoin
- withdraw funds from PayPal to Bitcoin
- buy / pay on eBay, Amazon, and so with Bitcoin
- buy a car with Bitcoin
- pay a dinner with Bitcoin
... and 100000 things more... that's accepted.

How about thinking of a situation where u can buy/sell like ebay/amazon but it is some other site dealing with bitcoin ?

It is accepted globally, just that not everyone accepts it, because they are not aware of the advantages of it.
And tend to not enter after hearing about all the hacks and the volatility that occurs.

I don't understand you?

You are unsure about what are you writing.
If it is accepted, then why I can't use it everywhere I want?
Globally accepted.

There is no centrall authority for bitcoin so all of us as community must promote Bitcoin and educate ppl how to accept and use it. It is long way in front of us to achieve good world wide acceptance and usage.

Yes I agree with that.
But isn't that already been done?
If some gigantic company accept it and spread just a few words about it in good marketing campaign it will be clearly explained to mass.
Example, Microsoft, it started accepting payments for XBOX in Bitcoin. But why not for all products? Why stop there?
Google is waiting still, why?
PayPal did nothing yet about it, why?
All those would mean alot for it.

1000btc is a worth a lot now. In bitcoin early days, 1000btc is $1000, or may be a week/month's mining. I suspect a number of those early miners are holding on to those mined coins. These people who have hundreds of bitcoins are very real.

They might still be analyzing the security n volatility of BTC..! Im sure they all would have thought about accepting it..by now.!