Bitcoin Forum

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

I think bitcoin has increased usage in all of those directions, bitcoin isn't growing just one way, it's growing to everywhere, now we see more casinos online, more gambling options, more investing options, even more dark markets and more local sites accepting btc. So, bitcoin isn't taking one way, it's growing as an economy.

Of course we want bitcoin more progress in many ways not only in single usage. We want more increase for both,trading,investment,payment method and many more because we want it to become more useful and useable in different ways and aspect. As the demand keep on growing i think the usage of bitcoin also increase in different criteria. Like fiat money because it is used daily by the people ,the usage of it is very high.

In every single aspect of course. If bitcoin gets increased usage, it's expected to get increased usage in every aspect. It will get usage in terms of bitcoin being either a SoV or a currency, or both. So it should pretty much cover almost every aspect, not just one or a few.

Preferably not with illicit purposes of course, but we all know that we can't do anything about that. People are going to use it for illicit purposes whether we like it or not(including fiat of course, not only bitcoin).

Even though bitcoin has the potential to go in any direction mentioned here and beyond. But predominantly it will be used as an investment because there is very less chance of finding a bitcoin merchant due to its price fluctuations.

Retails merchants are very sensitive to price movements because of the low margins in daily products. But 10-15% fluctuation in bitcoin price is very common which I believe is the main roadblock for cryptos to become a mainstream currency.

That's also the main reason why people prefers it as an investment.

I'd like to cling on the side of bitcoin being used increasingly in illicit activities, knowing full well that even with the help of CipherTrace in tracking where X amount went, it still is time-consuming and before the said algorithm catches the culprit, funds are already liquidated and the people behind it are already in hiding. Not that I want bitcoin to be used in such, but apparently that's what's happening, with cash being the second best option to launder money due to the existence of Swiss bank accounts that offer full protection to their clients.

my overall expectation is that it will be treated primarily as a store-of-value/investment because of its sound money properties. but people will obviously use it as money just like they do today so.....all of the above. i don't think people will stop using bitcoin as a currency; it's perfect for so many circumstances. i just don't think currency/medium of exchange is its primary use case.

Bitcoin is gaining more fame thanks to young businessmen who are trying to realize payment for food, for coffee or implement applications in the form of instant messengers in which they advertise or sell goods within the program, all of which is more interesting for new users.
https://i.imgur.com/KHHRq4m.jpg

Well, there is no major part that bitcoin will increase by its usage. Because all of OP's poll choices had different connections and the whole thought was having transactions. The more bitcoin have transactions it will circulate the Bitcoin price, but in my own bitcoin will go up if it and has massive adoption. Indeed, I still believed in the demand and supply in the crypto market.

Can I pick door #3?

What I think would push the price up is something else that bitcoin is not being used for. But I don't know what that is.

I see Bitcoin more as a type of investment rather than a preferred payment option. I dont use it as a payment option and I am not planning to for some time. I am sure there are many people like me who are trying to gather as much as possible for the next ATH. 

IMHO, at first the gambling scene has made commendable contribution to bitcoin. But now I think since it has been introduced and given exposure by the mass media. Most people that just known bitcoin uses it more as store of value.

At the end this is also my thought, in all of those uses that has been mentioned and even to those that haven't should be counted.

The main reason of increasing bitcoin usage is it's investment profile, this coin's price changes very often and in overall, you can make good profit by holding it for months.
On another hand gambling plays a good role too. No one wants to be it visible that they gamble when they have good job because it causes problems in some countries, bitcoin gives you possibility to have fun anonymously.
It's sad but money laundering plays a huge role there too.

Being honest and sincere, we still have a long way to go, we need to convince governments to agree to regulate this market, but as long as they are advantageous bitcoin regulations. we need to use bitcoin as a means of payment all over the world, imagine we can buy bread, chin or whatever food they sell in supermarkets using bitcoin, that will be a big win. We cannot be relaxed and think that all is well, because the truth is that it is not well yet. Many countries in the world only allow people to use bitcoin, they have not yet created bitcoin laws, we are still far from seeing all countries in the world accepting bitcoin as a means of payment.

i think the niche btc is currently missing is the gaming/app market. by this i mean using btc for ingame currency just like facebook done with credits but hopes to do with libra.

imagine having youtube where advertisers buy credit in btc and streamers get paid for thier video's in btc.
i know people will scream the blockchain wont cope. but this is not microtransactions per minute. but monthly deposit and withdrawal where the service is the custodian

i find it strange for bitcoin devs to advertise btc for microtransactions, but then say it cant cope at doing things like paying youtube broadcasters by the minute... the strange part is that youtube themslves dont even pay their broadcasters per minute anyway.

other idea's are the loyalty cards /gift cards. where instead of buying individual coffee's you buy a months worth in one go

I'd say alternate payment, but most of them are increasing at the same rate. Perhaps its simply a matter of people simply finding out about it.

The "dark" web and the normal web are about the same thing, one is more anonymous than the other, but that's it. Bitcoin is probably unsuitable there unless its perfectly legit activities (such as donating for a cause, or whatever).

Thing is, and this i have noticed, people with "good" fiat see little use for an alternative means of payment, because their fiat is so strong and handy, they think their banknotes and coins will retain their purchasing power forever, and because it only loses it about 2% yearly, it goes unnoticed to them.

While in my country we cannot live without digital payment, mostly in the form of debit card, simply because there are not enough banknotes around (you can only withdraw one (1) 50k banknote per day, equivalent to about 3 USD currently (currently the largest denomination, made a couple of months ago).

Preferences might not be the issue here since obviously if the bitcoin usage increases more, it will act now as the usual currency like what fiat is playing a role today. Whether for investment, gambling or any things listed on the poll - all are covered in general.

Now on what way will bitcoin gets increased its usage, it really needs a serious approach, by all means, e.g involvement of big companies, big people, celebrities, sports, and government (yes).

Well, still away too long before we can bitcoin being used as a pure global currency.

if you want increased usage then it is not a question of "where" but a question of people themselves and their willingness to spend bitcoin. i think that is the first step otherwise as long as people who own bitcoin don't want to spend it, then it won't matter where it is accepted as payment, they won't use it!

that willingness comes from price stability in my opinion which means we may be away from that target by at least a decade because price will continue rising for that long at least and that rise makes it remain volatile too.

another incentive would be lower fees. for example during 2017 Steam stopped accepting bitcoin payments because the fees were higher than most of the games they were selling! and we don't want that.

By some centralised second layers controlled by big companys.

What I refer is definately not lightning for it is a decentralised second layer.

Curently what most people want is to be slaves while thinking they are embracing freedom.

While we cannot deny that a fairly large percentage of transactions are being done on Dark markets and also online gambling, it is also fair to say that normal "legal" Bitcoin transactions are still one of the primary uses for Bitcoin.

Bitcoin was first introduced by Satoshi Nakamoto to serve as an alternative payment option, because centralized payment options had several problems. <These centralized payment options had too many restrictions and centralized authorities like Banks and Paypal abused their monopoly and consumers got burnt in the process.>

People asked for a borderless payment options with less restrictions and more control over their finances and Bitcoin provided for that.

I think in the early days its usage increased might of been due to the darknet markets but these days its usage increased exponentially by a investment and speculation asset.

Most people who invested in crypto in 2017 did it purely to "get rich" and didn't do it for the technology. They basically saw that Bitcoin was $1000 one day and next month it was $2000 and next week it was $3000 and then $4000 and so on... so fear of missing out turned in and they opened a coinbase account because they wanted to get rich and sell at $1 million a coin. This is why it spiked up to $20000 very quickly because the entire supply dried out for a few weeks and there was crazy demand. And this is why Bitcoin was on the news and got most people talking about it.

I'm choosing gambling because I am here because of gambling and I believe fiat gamblers will find crypto gambling sites a good site to gamble.
At the current state, crypto gambling sites attracts a lot of gamblers since there is no regulation yet and we can easily play even without KYC.

When the market is not fully regulated yet, crypto will become a safe haven for gamblers who like to bypass the restrictions in their country and although I don't have the complete data, but I believe gambling is one major reason why crypto is growing.

There are always changes when bitcoin is involved. All the options you mentioned are factors that could influence the usage of BTC. I think centralised exchanges play a much bigger role now. If the trading volume is increasing in these exchanges, then new developers would be interested in incorporating BTC into their products.

Second layers and side chains that work with bitcoin for payments like Lightning Network and Liquid

Once we have 10-15 different options (with different trade offs) for using bitcoin and money, it's going to increase adoption 10X

ah, the proverbial killer app? i've been hearing about this theory since i arrived in 2013 and i'm getting skeptical there is one. bitcoin is already the best form of money yet---we're talking on the scale of gold and fiat money. do we really need anything more?

Hmm, I think it might be gambling or trading (for me, investment already fall under this) are the fields where btc usage was greatly increased. I say so because I recently noticed that new gambling sites are sprouting more often than before. Have a look in Gamblimg Section (https://bitcointalk.org/index.php?board=56.0) and you'll see what I mean ;D. Furthermore, we can't also deny that exchanges also play a huge role to crypto adoption because they serve as the bridge between traders (whether aspiring, new or old) and the market itself.
 
But on the other hand, I don't think dark web will be the first on the list because btc is not now the only crypto used in here, Monero is now starting to make its name in this illicit industry.

why not all of the above?
bitcoin is growing in all fronts and all of them contribute to its adoption and the increased usage of it not just one. maybe in some fronts the usage is going to be more (like online payments that require more privacy such as paying for VPN subscription) but others still exist and contribute.

I wish all options become available soon but if people see bitcoin as an investment, that make bitcoin valuable in the first place.for now credit cards do their job perfect.so i didnt mark that option.

Indeed, bitcoin is widely used in all aspect but the use of bitcoin is more dominant on investment only. although basically the use of bitcoin is for currency and payment methods. but bitcoin is more famous as investment and commodity only. maybe it's about the adoption of merchants that are still limited so that the use of bitcoin is more inclined or increased to investment.

the "killer app" in my opinion doesn't have to be something really big and game changing. it can be pretty simple too. for example simply improving the user experience with wallets and easing the newcomers way in using bitcoin can really change a lot.

For now most people will see it as an Investment, or "store of value". But what we really hope, is for people to see it as Alternate currency/payment method!

It's hard to define common people, am I common people or not?

But for the most people I think they want a lot of places accepting BTC as a currency, but these people wants to have BTC as investment too  :D
In my opinion, it's hard to get these 2, because as investment it's intereseting to have price fluctuations, and as payment, this is not good

You're the only one could answer that one. We never know about you, unless..

People never consider this crypto purely as a currency but instead, they consider this an investment. It came into like this just because not all establishment accepting cryptos until now and even me. Neither we like it or not, the situation will remain like this if the government won't support these.

If its going to be used by common people, the best way is to use it as a medium of exchange and that is when the usage will be on the high side. Other than that, its not achievable and the reason is that the option of investment is a faulty because a lot of people are risk averse and unless returns can be guaranteed, this is not an option to consider. The same thing applies to trading. Gambling on the other hand comes with its own detriment which is the default attitude a lot of people have towards the activity. So the suggestion is all efforts should be geared towards the use of bitcoin for daily activities as that is what can move the penetration deeper.

I think for now bitcoin growth in many ways. Investment, Gambling asset, Trading asset, Alternate payment, Darkweb source and many other maybe bring affect the development of bitcoin. But in my opinion, i think new regulations or actions from banks and the government greatly influenced the growth of bitcoin

Just to clear things up a bit, when a person bought something through the darknet markets, it doesn't automatically make it a crime. While drugs and other illegal stuff are being sold there, it still completely depends on what the person is purchasing. I'm quite sure it wouldn't be a criminal offense to purchase a small bag of coffee beans on the darknet markets. There's nothing wrong with wanting to be anonymous(depending on the reason).

For the non experts and the less tech people, those that you called common people, I think their common usage of bitcoin would be for purposes of alternative payment and gambling. Those set of people who don't know other benefit of bitcoin would favour the payment alternative more and would not like to invest as asset for the fear of losing their money.

The way we are making it public to the other people and to educate them about it and not to miss to tell them the benefits of owning it like holding it for long. in these ways, we can really make them invest in bitcoin and effectively increased the usage of bitcoin and at the same time, the price will increase too.

But now the very important matter is we need to educate thse people who only see bitcoins as a bad investment scam so that they will know that they are not thinking the right thing and to clarify some misconceptions about bitcoin.

It is well known about the Bitcoin and cryptocurrency markets that they fluctuate and are very unpredictable, each moving independently of most of the traditional indicators commonly used. bitcoin Still has a high appeal. If you want to invest bitcoin in a short amount of time, investors can make purchases from now on. When the price is reapproved at US $ 13,000 per BTC, investors can start taking profits.

Mostly from investments and trading if I have a second option to vote in the poll but they're the same anyway. I also agree with the other replies all of it are increasing but the one that stands out more for me is what I voted because people always talk about the price of bitcoin and when that happens people would start to speculate on trades from certain exchanges. Gambling is probably the next activity because of bitcoin gambling sites not having KYC.

As for trading in bitcoin, I think that majority of people who know about bitcoin are just hodling it and not trading because in my own view, trading is more complicated than hodling. We are likely going to have traders in bitcoin in time to come and that will definitely make price to fly.
I thereby agree to your gambling idea as the next activity.

Bitcoin is capable of being developed by everyone. So to increase Bitcoin, many people use it to transact, such as for purchasing goods.

Many people feel that by transacting using Bitcoin is very easy and profitable. Even the use of Bitcoin is not subject to sales tax. So people prefer Bitcoin, making Bitcoin more popular and thriving.

Making resources as an alternative payment boost their reputation quickly than the other means. If people are aware that they are eligible to pay using different payment methods, this would allow them to at least attempt or try such for their personal convenience.

Cryptocurrencies, specifically bitcoin, has evolved throughout the years as an investment opportunity or as an alternative payment in purchasing goods. But this option is highly dependent on the merchants that accept bitcoin as a payment.

I remember before people were asking if Starbucks were to implement a payment option by using bitcoin as an alternative. There are lots of implications but what really stood out was making it as a platform for bitcoin's reputation and popularization around the community.

There is lots of reason why bitcoin uses increasing. The most important reason is alternative payment system. Due to high fee and centralized system people's are more encourage to use bitcoin instead of real money. People's could send money now everywhere in the world within second and by very low cost. On the other hand anonymity is another reason why more people's is interested on bitcoin and other crypto-currency. So can't say exactly a single reason for increase uses of bitcoin.

I think gambling because people buying it because they want to use it, and with this, there's a demand.

There's a lot of ways actually that bitcoin is useful but at this stage, since a lot of people can't afford to gambling using fiat, they find bitcoin a good alternative. With bitcoin, you can play in different gambling sites in the crypto space, and it's minimum is way lesser compared to fiat gambling and that makes it very attractive to gamblers.

Since day by day, we can't deny that the popularity of bitcoin is increasing, and all the usage of it from the poll is also increasing as well. I think it just matter of percentage but regardless of that, all usage is inevitably increasing.

All those you mentioned will be used by some investor but it is just depend on the investor itself. I get used to use bitcoin as an investment place because it is really promising although the common people think bitcoin is dangerous place to store their money. And also I use bitcoin gambling tool especially I'm playing dice thus far and sometime I use bitcoin as trading place. But I believe most people who have bitcoin will be use as an investment only. Although their countries is trying to accept cryptocurrency as payment system but I doubt most of them will use it as daily payment system.

If cryptocurrency price or value is still very high, it's unlikely that people will use them as daily payment method. Because they will feel it's too bad to use cryptocurrency for those kind of things, when the price can increase higher and higher. So people will tend to keep them and use them as investment rather than using it for a payment method or something. Even if bitcoin get accepted everywhere, i don't think many people will eventually use them to pay. But maybe if bitcoin price is stable and don't really change that much already, people won't really have interest to use them as investment. Maybe they'll gamble instead, or use them to pay for things.

I think it depends on the needs of the people who use it. However, it may be dependent on speculators in large numbers or the institutions with huge financial dominance. Besides legal issues and money laundering also affect Bitcoin.

I think the population is increasing slowly despite that, the transactions are blowing up. I think we don't need to do anything since it is already happening, as you've said it is inevitable since who would not want to transact a huge amount of money with a cheaper fee than the usual ones, right?

The people holding bitcoin would not use it now because they are expecting more from bitcoin, they believe that time will come when bitcoin will be stable and may stabilize on a very high price has predicted already by so many people in future, so the general mindset of people right now is to hold it as store of value, but the mistake we make with our mentality is that the fact we want it as store of value does not mean we should not embrace the usage part of it also which s the main factor that will facilitate the growth of the coin in value and also in popularity.

If we really want an increased usage of bitcoin, all we need is just not to hold it, but always be willing to spend it, then as we continue to spend and other merchants are encourage to receive it, you will see so many merchants too accepting it.

With more power comes more responsibilities. Bitcoin sure is a powerful technology but there are some problems with it.
For instance, lets assume the whole world starts utilizing bitcoin but since you know that the current volatility is itself too high for an asset just imagine how high it's volatility will reach if the whole world starts utilizing bitcoin. For it to be used globally, it's volatility should be decreased which is kind of difficult as per the current trend.

That is true but lets not forget that if bitcoin starts being utilized then this means that most of the people will use it as a payment method, mostly. Which is way better than using bitcoin as "short term investment" since most of the hodlers seem to be panicking when the price is falling, and everyone is selling. So, if bitcoin starts being accepted everywhere, people will use it and they wont really care much about volatility, since there should be very low volatility, if not none.

From the poll, I selected the option -alternate payment. Because this involves the masses.
If the bitcoin adoption will reach ordinary people from all walks of life, the demand will increase.
Consequently, with the steady increase of demand will increase the value of bitcoin.
If every merchant or shop will integrate bitcoin payment, we are heading to a massive adoption.

Your title says one thing but your post asks another question.
Anyways, answering to your title, the usage of bitcoin can be increase through mass adoption of crypto currencies. To do that we will need to spread the knowledge of bitcoin around the world.
To answer your post, it will be used more as an investment. Even online crypto gambling casinos will also increase, no doubt!

considering the crypto space currently, Bitcoin is used in all aspect of the things you have mentioned above. People are either investing into it or trading, gambling and using it as an alternative payment option. There are no particular aspect which can be considered as to have the most increased usage.

Bitcoin increasingly growing in all fields. But i would better think that "investment" is in higher usage of it. And yeah gambling because it is the main coin so it is often times used in gambling. Otherwise we can't also deny that it is widely used in darkwebs because of anonymous transactions given by btc. The crypto market is progressing, whether it can br use in different fields but the main goal is to widely spread the mass adoption.

The fact that new coins are produced means the money supply increases by a planned amount, but this does not necessarily result in inflation. If the supply of money increases at the same rate that the number of people using it increases, prices remain stable. If it does not increase as fast as demand, there will be deflation and early holders of money will see its value increase

All of the choices helped to increase the usage of Bitcoin globally.

At this moment, the ratio of the users of cryptocurrency in the world to the total number of people worldwide is very low but I believe that this will increase in the succeeding years. If many people will become rich in the future because of crypto, they can share it to other people to spread awareness. If many people will be financially free with the help of crypto then they can share it worldwide. The fact that crypto is very volatile makes the investors to not invest into this.

Everyone may have unique purpose on using bitcoin but we can tell which of the choices OP given are bitcoin is mostly in demand.
Investment and trading does not increase an increase of usage because they are just using bitcoin to gain profit based on the price fluctuation, but when we say of usage, when people likes to gamble and the crypot space offers a lot of gambling sites that are competitive, that way a demand is created.

I think all of the ways you use bitcoin will be in demand after the widespread spread of cryptocurrencies.But most of all probably as an alternative payment.

Bitcoin gets popularity from its benefits, mostly because of its monetary value and you can earn from it as well, Investment is a very common representation of Bitcoin to common people, the increase of bitcoin value if such a good promotion. If it will increase in usage, it's possible that it came from an increase of transactions, investors, and traders.

You are right, the ratio is still very low, and all we just need is the exposure, we still need many things that will expose those other people out there to the technology of cryptocurrency and that is exactly what most of these altcoins were built for.

Every altcoin you see in the market represents a company, and all these companies have their market target, which they were supposed to attract with their real use case, but most of these altcoins that are meant to perform this function are typical failure and we see us waiting for regulation to bring these aware to those people, meanwhile, it was supposed to the through our activities and activities of those altcoins projects.

But, we all believe that as we progress in this little way, we will eventually reach out to the whole world.

It gets into the point that the demand will high and makes prices also be high. But it isn't just stop over there, placing into the main reason for its creation is to be used as currency and it is only realized when small and big establishments accept this as another form of currency. And from that, we can expect there is a huge growth in usage.

Bitcoin can only increase its usage when people come to realize the true purpose behind the creation of Bitcoin and how relevant it is in terms of how it can be easily sent or received at any part of the world you find yourself.  People just need to understand what bitcoin is and the main idea behind this crypto coin before its usage can be increased...

Every altcoin represents a company? Definitely not. A lot of the altcoins are set up by scammers, and then we have those that are set up by either some nerds or hobbyists. After that there are a bunch of tokens that do actually represent a company, but even that has no real meaning with how they have turned out to fail and/or scam people just as hard.

Eventually we might go in that direction if security tokens become a thing as people initially hyped them up to be, but that doesn't really have much to do with crypto anymore with how security tokens resemble to stocks more than crypto currencies.

The purpose of altcoins has always been to function as speculative investment, which helps keeping a lot of Bitcoins out of direct circulation. In that sense they are doing their job exceptionally well. Mission completed. Ask most altcoin traders what their goal is, you'll find out that it is to stack satoshis.

From my point of view, the use of Bitcoin is increasing because of the increasing number of users. And one of the most obvious reasons. And of course they come to trade and invest in Bitcoin. And the growth of this usage will continue.

Increasing the use of Bitcoin there are many ways. I think we can sample the country of Japan, that Bitcoin in this country is already regulated by the government. So to develop certainly very easy, such as:

1) Bitcoin is used as a means of payment
2) Many large stores that provide payment via crypto.

So that crypto users are given the ease to develop their assets. The Japanese Government, of course, will benefit from the taxes generated from crypto.

That is right, and we just need to understand that it is a gradual process, another country we can see that has fully supported cryptocurrency is Switzerland also, and they have regulated it in such a way that even their banks are not scared of crypto any longer which is why they could be giving license by their financial regulator to run cryptocurrency related activities legally.

I think this is why some of those countries like china and us are also beginning to calm down, as they have seen that solid nations like Japan and Switzerland has implemented it and has recorded some improvement on the growth of their economy through it.

Hence, this is how adoption will continue to grow and usage also will continue for bitcoin till the whole world gets accustomed to it.

All of these methods help Bitcoin to increase its usage. However, the options end there. But what makes Bitcoin valuable will have much more use cases, and it is called Blockchain.

If bitcoin will grow up like in 2017 one more time, that means people will invest in it more funds in future.

I said trading asset. I am glad to see so many people say alternative payment method. Then investment than trading asset. Darkweb uses votes at 11% which I do not understand since it is mostly clueless people who do not know better who think crypto is only used on the darkweb.

The value of every crypto increase base on the fact that bull is coming and adoption is getting stronger , every one want to be part of the so called digital currency with a store of value and getting a good idea of future advantage.

The demand and supply market mainly determine the out come of the price with a very strong hype when ever there is grey news.

The vote results from the poll doesn't mean anything because others can simplly vote for what they like(as said from the OP) rather than the obvious or most common answer. Also a lot of replies said all of the above.   

Once it spikes up again it will also correct eventually which is the bad part when there's a big price change.

We shouldn't involve the government to regulate the market price for us cos they would like to manipulate it. Remember ``bitcoin shouldn't be controlled by any by any government. Our dream focus is for bitcoin to be accepted globally

Perhaps what has been done in some countries uses Bitcoin as an alternative to payment. In developed countries such as Japan, some stores already provide tools for payment using Bitcoin. The Bitcoin system is so unique that people will be interested to keep expanding it. Japan is well known to the country has intelligent technology.

Gambling is also very interesting to develop Bitcoin because in some countries gambling is also confirmed. So earning from gambling also contributes big to the country. If Bitcoin is used for such investments, of course it will also increase revenue for the country.

The problem is that bulls are not coming, it’s just a decision of some part of people who manipulate market without volume.

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

When majority of the people are just here buying btc to invest, I'm afraid we would not see a massive adoption in the future.
People needs to understand that why people are investing now is because they are seeing the potential of bitcoin as a mainstream currency, therefore the success of our investment solely depends on the adoption that people will be able to use bitcoin as normal currency in their daily living.

When crypto projects start making projects with an actualy backing and reason to be then crypto will naturally be used more and that would include bitcoin.


It will happen when better projects come along and you can actually spend your crypto on things you can profit from and goods.
Sort of like a spendable investment.

I think for that we need some market regulation, it's too "crazy" now for regular investors.

it's not easy to get into the habit of people who have been using fiat for a long time by changing it.
Even though crypto has begun to be known, there are still many countries that cannot accept it as legal payment. so it takes time even though it can happen.

I cannot see how this surpasses that of the gambling industry. Investment of Bitcoin is nothing close to that of Gambling in terms.of Bitcoin popularity. Bitcoin has drawn many notable gamblers to the the use of Bitcoin and this has make Bitcoin more popular among all other cryptocurrencies, also, we have witness many campaigns on this exalted digital currency platform than that of the investment platforms which you have stated.  Gambling will further get Bitcoin closer to the masses and to potential gamblers around the world.

Having bitcoin as another mode of payment was the one of the primary reasons why it was first generated by Satoshi Nakamoto. What we need to encourage other marketplace and online stores is to accept bitcoin as payment so that crypto enthusiasts can spend their cryptocurrencies. This would really grow the usage of bitcoin especially with the increase in the adoption of cryptocurrencies and blockchain technology.

There are many ways to develop Bitcoin. As you mentioned that it can develop Bitcoin. Perhaps the investments and trades listed are often done. I will try to develop the same as the payment media.

Now the technology develops so many people want something instant and fast. So that each country can give permission for Bitcoin can be used for transactions. I am sure if every country legalizes Bitcoin, the development will be faster. We know that there are still countries that prohibit Bitcoin.

Websites such as Stripe and Steem, which used to accept Bitcoin earlier has stopped doing so. Many of the stores that used to accept Bitcoin as a mode of payment earlier have stopped accepting them recently. The reason is very simple. Very few people are using Bitcoin for making payments now, as its exchange rates are rising very fast.

Although Satoshi Nakamoto invented Bitcoin as a mode of payment, it is hardly being used for that purpose now. The vast majority of the users are treating it as an investment asset, and using for long-term investment. You can't blame them really. Under current circumstances, Bitcoin is looking very attractive against the manipulated national currencies and the overpriced stocks.

It would be cool if gas station networks such as Shell and mobile operators began to accept cryptocurrency, but so far it is not beneficial for them.

The number of fields that Bitcoin is used is getting bigger and bigger day by day. So, Bitcoin gets increased usage on every fields that are in the options and it will continue to go on like that.

Being adopted by known establishments can acquire more people to learned to use this system, from that point it will increase the usage of this system as end users itself are the ones that will demand the increased of numbers of usage, it's important to have more support coming from established businesses in all sectors as bitcoin can be use as an alternative way from institutional payment process.

I see that every country many people are playing gambling.
So Bitcoin can be developed through gambling assets.
Gambling if such as in Hongkong, is able to provide a great income for the country.
Bitcoin will experience a large demand if it can be used as a gambling asset.

Then there are many more that can develop Bitcoin.
Like alternative payments, it will be a top choice for Bitcoin users who want to use it to buy and sell online.

Money in gambling business is really huge. If the government is open to this option that they will openly accept bitcoin in this business but just make sure that those gambling establishments are paying their respective dues, they can generate a lot of money from this business alone. But alternative payment is one good option to have mass adoption because individuals from all walks of life can utilize this as payment method in their everyday necessities.

As for me, gambling assets are not serious method to mass adoption of btc paymets, it will be better to make btc like PayPal.

Alternative payment is the best option to increase Cryptocurrency assets. If everyone uses Crypto as a common currency will make it more popular, traders will increase the Crypto they own through business activities. I believe alternative payment is the best solution that makes cryptocurrencies more popular.

In future I would like to buy a car or a house with btc in any tropical region.

Used for online payment by major e-commerce platforms worldwide. Besides, the money laundering also affects the value of BTC increase or decrease

I am glad we are all talking towards this direction now because it has all been about asset and investment since we got to know about bitcoin, and this is not helping the situation of cryptocurrency because everyone just keeps buying and holding it and for how long will that help the value of bitcoin or any cryptocurrency when the main push for cryptocurrency value itself is the usage.

We all need to start using cryptocurrency for payments so that there can always be demands for it often, using it as payment will surely increase the usage of it, and that is the only thing that can sustain it. I know with time, the usage of cryptocurrency will increase and gain more popularity if we can just get the government to regulate the cryptocurrency industry for us.

I don't think money laundering will have a bigger effect on the price of Bitcoin especially if the money will be converted to fiat. I think what you mean was the whales manipulating the market to make a sudden effect to create a new rally for a bull trap or bull run. What i think is that Bitcoin will get increased usage if there is a lot of adoption of Bitcoin that is going to happen.

We need to talk about bitcoin to our officials and then they will transfer intercontinental tranches using cryptocurrency. I think that the total volume will increase at times after that.

I go for investment, those days when they're discovering bitcoin, the actual usage of it was for investment because it has possibilities to grow up. Expertise in the stocks market tried to invest in bitcoin since the potential of bitcoin to reach thousands of dollars was too high.

• Bitcoin for investors — what the experts think (https://www.ft.com/content/d8160ea6-df5c-11e7-a8a4-0a1e63a52f9c)

Since it has reached $10,000 already and it's another milestone in the bitcoin community, people get more interested by investing more after the bull run in 2017. The alternate payment is just an option recently, they created it to be more essential to investors.


Idk why alternate payment has more votes than investment? I mean, investments are the reason why some platforms and merchandise are accepting bitcoin because of its potential in investment. So I'm wondering if those people who voted alternate payment are really here because they invested or just receiving money from the bounty?

When we say of adoption or massive adoption, it means there is an increase of usage not in specific industry only but in different industry.
That is what we like to happen and to make it possible, we need to have a government that is pro crypto so they will be able to do a fair regulation that would benefit majority of the bitcoin users.

The market now is quite not fully regulated yet, there are scams everywhere so the risk is high, when its regulated, we will see more and more people starting to adopt as regulation could increase the confidence of the users, right now, people view bitcoin more as an investment rather than a payment system of a currency, hopefully int he fully it will change to the opposite.

I believe Bitcoin will further boost its use case dominance by making it as an alternative payment solution which is quite the case

right now! Over time, more merchant adoption of BTC will result to it being accepted as a mainstream instrument that will help

merchants facilitate a seamless payment solution which could increase productivity and efficiency to their respective businesses.

I think that people who really want to make money will have a look at how many crypto or potential crypto users there are and decide if they want to support crypto payment options. I think it would be best to accept all payments options esspecially online. Many times I have left some online shops only because hey never accepted bitcoin. The ones that accept bitcoin I used. It doesn't cost much to start using a bitcoin payment options and people really should

As I remembered Pornhub or a similar source of porno industry made available crypto deposits, is it true or false?

I think it's related to the investing more likely.

In every of these ways except gambling I guess.

To develop this Bitcoin I think it will be the same as other technologies.
In today's digital age, Bitcoin is perfect for helping us in our daily activities.
We are expanding this Bitcoin into alternative payments, for example,
People love to shop online, so Bitcoin can be used as a medium for payment.
And in any online shopping can provide promotions for people who pay using Bitcoin, possibly a 20% discount up to 50%.
This will certainly attract a lot of people's attention, so they will buy Bitcoin.
Thus he was able to develop Bitcoin, even in daily life.

Since getting to know cryptocurrency a few years ago, the most prominent and most widely used is as an alternative payment, commodity trading, and investment. Cryptocurrency provides many conveniences and opportunities to improve these three aspects. If we want to earn money in the digital age by utilizing technological developments, of course cryptocurrency is the best alternative, not to be missed.

Yes, that is true.
Pornhub accepts cryptocurrency.
I think it will a good start for the porn industry too, and if there are other similar websites which can be accepted cryptocurrency, then it will help the growth of cryptocurrency on the internet.
More people will see a new payment system available, so they don't have to use a credit card to pay or subscribe to those sites.
As long as there are more websites can integrate their system into cryptocurrency, and they can add a cryptocurrency payment button in the product sale page on their website, people will see and will curious about cryptocurrency.
But the big important things that will help cryptocurrency to boost the existence and the growth of cryptocurrency is by approving from the government so the cryptocurrency can grow fast in under the government regulations.
But that will not easy as many countries still not approve cryptocurrency as a new payment system.

Crypto currency or crypto market in general is a big market, and unfortunately, only a small number of altcoins are legit as most of the coins coming from ICO generation in the past are now scam coins and other are gone already. If we want to invest, we need to focus on legit project in altcoins and of course the most popular and dominant coin which is bitcoin. If this market will grow, that's because of bitcoin's demand since currently the dominant rate of BTC is so high.

Therefore, we should hold more BTC than altcoins and continue to support by using this coin in our online transaction, if you are gambler, you will surely enjoy using bitcoin for your online betting as it gives more convenient over fiat use in gambling.

It would be interesting to try to legalize marijuana and prostitution using blockchain technology in some countries? How do you like that idea?

I think the best way to increase Bitcoin usage would be to incentivise businesses and merchants to start accepting it as payment. That would really create a domino effect IMHO, but this activity needs to be organised efficiently starting locally in every country then expanding.

The goal is to offer the people the way to satisfy their day-to-day needs by using BTC/crypto.

I guess one of the best way to increase usage of Bitcoin is to make people use it as a payment option and I hope there will be a site that will offer exclusive discounts and promotions for those who will pay using Bitcoin. Maybe a store or a mall that accepts Bitcoin only or an in demand product that can be bought using Bitcoin.

Maybe the increase of usage of bitcoin by all means on those you’ve mentioned are already done but something is missing and that is the popularization.
Bitcoin must be in all aspect not just those you mentioned .people worldwide must be in crypto for this all to be in effect and for everyone to take place
Cryptocurrency is risky indeed but this is also beneficial and that’s what people must understand and accept

The use of Bitcoin is increasing everywhere. Bitcoin is the big transaction in a moment.Many companies are now abandoning banking services and accepting bitcoin services. Due to the convenience of fast transactions.

We like to assume too much, is there any research that you have done that really shows that investors have abandoned bank services? It would be impossible for now for investors to really abandoned bank services for whatever purpose that they need the bank for because they still dealt with fiat, and it is you and I that have not encouraged the total acceptance of bitcoin as payment of goods and services.

The market is more used for asset purpose and this is creating lots of volatility, as long as the volatility is there for w, it may be difficult for them to really do without bank and the only thing that can make volatility reduce too minimum is when we start using it as payment tool, then it will be more recognized as currency than asset.

Holding is using. It's creating market pressure and removing coins from the overall pool.

Aside from that, it's certainly good that some people trade using bitcoin. However, we should assume that's a very tiny percentage of the market and valuation.