Is Bitcoin actually ready to go mainstream?

[Bit_Happy]

No matter what amount of BTC is in your wallet:
(In your opinion) Is/Are there (or could there be) any important undiscovered major bugs, and/or are you worried about that topic?
How about 'endless' frauds/scams? Etc, etc....

Is Bitcoin actually ready to go mainstream?

[tokeweed]

Honestly?  Nope.

[Undermood]

Not yet! There are some underlying issues needed to be addressed before the masses adoption! Such as security issues, easy application, regulation, mining centralization, price volatility etc. PPl basically want the secured ,easy to use , appreciated currency,

[Lauda]

Not yet! There are some underlying issues needed to be addressed before the masses adoption! Such as security issues, easy application, regulation, mining centralization, price volatility etc. PPl basically want the secured ,easy to use , appreciated currency,

Exactly. We also need some prunning or compression for Bitcoin Core. Syncing taking hours isn't really helping.
It will take a few more years till the infrastructure is ready for mainstream adoption. When some people don't know how to do something simple as take a screenshot on their PC, how do you expect them to use something as complicated as Bitcoin?

[Billy Hlapinnio]

I don't think so 

[Amph]

Not yet! There are some underlying issues needed to be addressed before the masses adoption! Such as security issues, easy application, regulation, mining centralization, price volatility etc. PPl basically want the secured ,easy to use , appreciated currency,

i don't think bitcoin need 100% regulation(and it won't happen because bitcoin is implementing a better anonymous tech in the future, we know those two things can't work together) to go mainstream

security isn't bitcoin related but exchange related and mining centralization isn't an issue, it was intended by satoshy itself....

so the only left thing to resolve is price volatility, which is the epitome of the adoption

[porcupine87]

I don't think people will use Bitcoin like they use dollar today. I think the potential is something like Circle in the middle term. Am I correct to say that Circle is something like PayPal, but Circle uses Bitcoins for transfering dollar and is therefore cheaper than PayPal?

[randy8777]

at this point not really. a few thing have to be updated first via a fork. most important is to increase block data to 20mb as suggested. that will be massive.

[Elwar]

More people need to start using bitwage.co to convert all or part of their paychecks to bitcoins.

We need a viable replacement for brawker.com. Possibly via OpenBazaar?

[redsn0w]

No matter what amount of BTC is in your wallet:
(In your opinion) Is/Are there (or could there be) any important undiscovered major bugs, and/or are you worried about that topic?
How about 'endless' frauds/scams? Etc, etc....

Is Bitcoin actually ready to go mainstream?

Obviously : NO , at the moment bitcoin is not ready to go mainstream. A lot of people still prefere the FIAT values, with all the defects (but it is still good for some people / respect the bitcoin).

Not yet! There are some underlying issues needed to be addressed before the masses adoption! Such as security issues, easy application, regulation, mining centralization, price volatility etc. PPl basically want the secured ,easy to use , appreciated currency,

i don't think bitcoin need 100% regulation(and it won't happen because bitcoin is implement a better anonymous tech in the future, we know those two things can't work together) to go mainstream

security isn't bitcoin related but exchange related and mining centralization isn't an issue, it was intended by satoshy itself....

so the only left thing to resolve is price volatility, which is the epitome of the adoption

Why some people want that bitcoin it becomes mainstream, it is not 'made' to become mainstream.

[rjclarke2000]

Not yet! There are some underlying issues needed to be addressed before the masses adoption! Such as security issues, easy application, regulation, mining centralization, price volatility etc. PPl basically want the secured ,easy to use , appreciated currency,

Exactly. We also need some prunning or compression for Bitcoin Core. Syncing taking hours isn't really helping.
It will take a few more years till the infrastructure is ready for mainstream adoption. When some people don't know how to do something simple as take a screenshot on their PC, how do you expect them to use something as complicated as Bitcoin?

How do you take a screen shot of your pc? ;-)

[redsn0w]

Not yet! There are some underlying issues needed to be addressed before the masses adoption! Such as security issues, easy application, regulation, mining centralization, price volatility etc. PPl basically want the secured ,easy to use , appreciated currency,

Exactly. We also need some prunning or compression for Bitcoin Core. Syncing taking hours isn't really helping.
It will take a few more years till the infrastructure is ready for mainstream adoption. When some people don't know how to do something simple as take a screenshot on their PC, how do you expect them to use something as complicated as Bitcoin?

Exactly! Some people don't know how to use a computer and we 'are thinking' (or maybe better would like) that btc will go mainstream... really amazing! I still prefer bitcoin for some usage, and FIAT currencies for other things and I am thinking that they can co-exist (with some 'limitation' in the future).

[Lauda]

Exactly. We also need some prunning or compression for Bitcoin Core. Syncing taking hours isn't really helping.
It will take a few more years till the infrastructure is ready for mainstream adoption. When some people don't know how to do something simple as take a screenshot on their PC, how do you expect them to use something as complicated as Bitcoin?

How do you take a screen shot of your pc? ;-)

I didn't say of my PC, I said on their PC or in other words of their desktop.
Stop going off topic on discussions.

More people need to start using bitwage.co to convert all or part of their paychecks to bitcoins.

We need a viable replacement for brawker.com. Possibly via OpenBazaar?

We do need it because it kinda counters bitpay if we're talking about the market.
We are all waiting for OpenBazaar.

[BrianM]

I think it is not a matter if bitcoin is ready for the people, it is a matter if people is ready for bitcoin.
The thing is, that common people are terriable with IT. We need a whole new generation of people, who has been brought up with computers, playing with tables since they could crawl.
Like metioned, most basic task as taking a screen shoot is complicated to the common joe.

when the new generation is grown up, and get in the age where they start to earn money... then is it time... it will be the new age of money. The age of bitcoin. I think it will take about 10-15 years.
My theorem is called "The tablet therom", take the time then the tablet pc became mainstream and add 20 years (for that generation to grew up). Then is it time.

[bornil267645]

The community is still too small, the market volume is too small, and the price volatility is still at large. So in my opinion it should take more time to establish and then try to break in the world's economy.

[tokeweed]

The community is still too small, the market volume is too small, and the price volatility is still at large. So in my opinion it should take more time to establish and then try to break in the world's economy.

[Q7]

If it is not ready then the question is when will it be ready? I think we should be more worried about bitcoin getting accepted and going mainstream than the other way round. Or either way both should be moving parallel where the infrastructure and code improvement can be done along the way and at the same time promoting and bringing bitcoin to the masses.

[shulio]

Is Bitcoin actually ready to go mainstream?

No , it is not yet ready before the price stabilized which cant be happening in a short time because not everyone like to hold of a currency that its value is not stable. Not all people take the risk of volatility.

If it is not ready then the question is when will it be ready?

It will be ready after the value of bitcoin stabilized or atleast until it gets popular enough, expect some companies to announce that they accept bitcoin

[BADecker]

Still waiting for a time when whole wallets can be encrypted is such a way that they can be transferred to another person, and the first person will not be able to use any of the addresses therein, and the second person will have control of the addresses to use as his. In addition, nobody else will be able to transfer a wallet he happens to find, unless he has the right PGP address for that wallet.

When this happens, Bitcoin will be deemed so strong and anonymous that investors will flock to mining.

Authorities will realize that they don't have any control anymore, so they will start shutting the big mining operations down. After this is done, they will start going door-to-door after all the bitcoins they can arrest people for holding.

[Slark]

Bitcoin is not ready to go mainstream and I am afraid that in its current state it never will be able. There are some problems with bitcoin that cannot be solved easily (or ever).
The main problem is long confirmation times. Usually confirmation time is not a issue at all and whole transaction is done in a minute. But there are times when it took more that 15 minutes.
And confirmation times cannot be lowered because it is part of bitcoin security system, lowering it would risk whole bitcoin network. So for now bitcoin may be good for online shopping but it won't be possible to buy groceries in supermarket with it probably. That is the problem.