Bitcoin is mostly used today as an investment which would yield huge returns.The confirmation time is long and definitely it would be a big obstacle in accepting bitcoin for merchants.But since bitcoin payments cannot be reversed,merchants could give the products as soon as they see the unconfirmed message in their wallet.But there is a problem in that also.If we buy a product for $100 and we pay in bitcoin.If it takes about two or three days to confirm and at that time bitcoin price falls down,for example if our payment value becomes just $90 dollars,who would be willing to bare that loss?So it has to be solved at any cost.

It's very interesting to read and hear about because Japan has a very unique social problem that their elderly and retired populations is not proportional to their youth and working population. Maybe Bitcoin can inject rejuvenation and energy into their economy.

I think bitcoin will stabilize it's current price in the system soon, and if has reached and come up with a better price that can sustain a businesses; it could have minimal fluctuations like a fiat currency. Business owners doesn't want an erratic price movement in a currency, that's the main reason why a country's economy will fail, because of fast moving currency which suddenly fall down of a currency price value at exchange market. Nowadays if this $2000 plus will continue to remain productive and demand will eventually rises, there is no wonder we can set a stable price in the future with our bitcoin digital currency system.

I don’t think the number of persons is that important, the most important thing is the amount of money moving in the bitcoin economy, if even something as low as 1% of the world economy begins to move in bitcoin then we can expect prices that are ridiculous for bitcoin.

The UASF could make the price decrease but Its too soon to say, we need first to see what the services think about it and If they are going to support or not as not everyone made his mind yet. The way I see it is that the value of cryptocurrencies are not set by the marketcap but by the number of merchants, localshop, ATMs etc. It's also just a matter of supply, just like Ripple pumped their supply to gain a few billions in marketcap, It means nothing.

Bitcoin, the first decentralized digital currency, recently made news when it became the choice of currency for the cyber attackers who crippled computer networks around the world. After which, the value of the currency shot up and now stands at Rs 1,56,452.46 to even exceed the price of gold!

Here’s a look at the digital currency and what it means to investors

http://economictimes.indiatimes.com/markets/stocks/news/decoding-bitcoin-in-9-slides/everything-you-need-to-know-about-bitcoin/slideshow/58960656.cms

Between this Aug 1 deadline on scaling and ether going crazy I am a bit concerned. Media still going strong on bitcoin but wondering if the future is still bright for bitcoin.

This virus also ever attacks my laptop because I Download software which are offering you free Bitcoins and I need to reinstall windows just to remove the virus. My advice you don't Download any software which are offering you free Bitcoins as this are all hacking.

Yes sure can, I am saddened when the conversion of many currency from 3rd countries too far with USD and EURO, then the solution is the unification with 1 currency, if the world had 1 currency then the economy will be stable and not affected by inflation.

Japan has already declared bitcoin to be a legal currency and so we shall see many big companies and multinationals adopts bitcoins in near future. Since many of the companies in japan are multi-national, this means bitcoin will be adopted by such companies worldwide making it a real big booster for bitcoin itself.

Russian bankers released a statement May 26, saying that cryptocurrency should be legalized for circulation. This message comes from German Gref, who is head of the Russian Sberbank. Gref said there needs to be an honest and intelligible conversation about cryptocurrencies, because attempts to ban it have only caused problems in the past.
https://news.bitcoin.com/russian-bankers-push-to-legalize-cryptocurrency/

This could pump Bitcoin and alts if it comes.

The problem with bigger block sizes is that it increases centralization as it makes it harder for ordinary people to have their own full nodes. Additionally there is no limit to the requirements the network will need on block sizes because as you increase them and transactions increase you will keep needing to increase them and there is a limit to how far you can go.

As you have saw that the price of bitcoin reached to much higher and you saw that how faster the price of bitcoin increase and as the price is now reduced by some sellers so it is a golden chance for me to buy more coins. You also have to buy as much as possible because in a day or two the price will recover to $2700 and will resume to increase like before.

Leading japanese ATM manufacturer OKI has entered into Bitcoin ATM business.They are launching their first line of Bitcoin ATMs this month.The OKI electric company claims to be the first to develop world's first cash recycling ATM in 1982.It seems that all the companies who are pioneer in their fields are jumping into bitcoin industry to make utmost use of bitcoin development.