Stable price would definitely encourage more people to use bitcoin as the mean of payment rather than investment and subject of speculation. In that case I would definitelly use Bitcoin for international payments instead of PayPal. That's first place where Bitcoin can compete with fiat payments.

We should have in mind, that banking systems also evolve to make payments more convenient. Today, using fast money transfer when shopping online is more comfortable than any method of BTC payment. Moreover people have feeling, that it's completely secure as provided by their bank. I can see no reasons for BTC to replace fiat money.

You need to choose what kind of effort you'd be ready to make in order to get "free" bitcoins:
- risk (investment/gambling)
- time
- knowledge/skill (in case of paid tasks)
As mentioned previously: any BTC you make had to be first put in to ecosystem by investing real money by someone. And this money comes outside BTC universe.

Some possible reasons:
- People do not even heard about Bitcoin
- they do not treat BTC seriously
- they do not see any reason to being involved in BTC
- they associate BTC with criminal activities and/or gambling only
- they could be discouraged by price volatility
- technical background can be discouraging as well

I think that actual meaning of BTC 'value' is an obstacle for adopting it as a common cash system. People see Bitcoin as a subject of speculation, that they also can participate in. How anyone can think about spending BTC on daily basis if its market price can swing +25%/-25% during one week? It would be like: "Oh god, suddenly I have 25% less money in my wallet, even though I haven't spend a satoshi!".
In other hand, if blockchain would suffer serious technical problems due to network traffic, people could stop using that even for trading.
  

Cash has one, undisputed advantage comapring to any electronic payment method - it's completely anonymous and it's almost impossible to trace back transaction history. Of course, there are some entry/end points like bank account transfers, but still we can simply avoid banking system and use cash.It's even more suprising when some officials or journalists raise the problem of the using bitcoins in criminal purposes, when cash money can be used there as well. The main barrier for cash money usage is the distance - all transactions have to be made face-to-face, but in my opinion it would still have it's niche and it's here to stay, along with cryptos.

The really challenging task is to explain what is Bitcoin to non-techy generation of our parents/grandparents. Young people these days can more likely understand some virtual conceptions (regarding digital information processing), therefore even without any special technical background there should be no problem to introduce idea of BTC to them.

Still BTC is an opportunity to earn some extra $$ rather than everyday tender of payment. It can't be treated like this when value volatility is that high. Imagine, you get your salary 100% in bitcoin and try to not think if in two weeks your money would be worth less or more than now 

That's good question. If we think about wide adoption of Bitcoin, we should be aware of the network efficiency and capabilities. Many people dream about bitcoin revolution and fiat replacement, but it won't happen without constant BTC network reliability improvements and development. 

Wondering how many people are actually afraid of the 1200$ point, as the highest BTC price in  history. I think we can expect 1200-1300$ max this year.

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Name: vrm86
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Agree. Mining farm owners just can't hold all incomes for future speculations, when they have to pay workers, electricity, maintenance etc. Yes, they earn decent amount, but don't thing than can affect BTC global market in that scale. too many people and businesses from all over the world are already involved in this.

It would be great opportunity for millions of people to even heard anything about bitcoin. But does it have any advantages comparing to e.g. Google Play payments, which are simple as a click (after you verify your card)?

Same chance for being scammed (while gambling you'd have at least some fun ). Have similar BTC amount and decided to hold - it's far less entertaining than active investing, but it's the exact thing, that early adopters did

Have to mention, that BTC already was as twice more valuable as now. Price shouldn't be considered as main success indicator.

One important question is: what do you call a "bottom"? IMO there is a line that BTC won't cross - with that amount of people interested in bitcoin it's almost impossible for the price to fall below 100$.

I don't getr it - what is the problem in earning bitcoins when living with parents, especially if you managed to have "awesomely high" income? I'd say it should be even easier.

People are loosing their money everyday in much more ways than bitcoin gambling. Moreover, the same gambling can easilly occur with fiat money. The bad thing about BTC is that there is lack of trustworthy financial products dedicated to Bitcoin. Each of them can be "hacked" in any moment.

Does bitcoin network is able to handle enormous number of transactions like in world-wide banking system? At the moment I am not sure.

Too many people are involved in Bitcoins already and/or are keeping an eye of BTC market to let price falling that low. I think, that price won't fall below 100$ anymore.