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[franky1]

people who only care about a bitcoin-> fiat price rise think this is the order in which bitcoin will go mainstream
1)advertise to investors why bitcoin is good to hold
2)advertise legit/trust gateways/exchanges to buy bitcoin
3)hope retailers will jump onboard so that investors can then spend new profits away from exchanges..

yet people that understand bitcoin and want bitcoin as its own successful currency to never need FIAT again say this is the idea
1) advertise to retailers the benefits of accepting bitcoin
2) make bitcoin wallets userfriendly and easy/fast for customers to pay a retailer onchain or offchain
3) advertise to regular people that they can buy everything from toilet roll -> houses.. using this 'techy digitial gold thing'

i personally ignore anyone that only cares about the fiat price increase.. as they are missing the whole point of what bitcoin is or what 'mainstreaming' actually implies.
so lets concentrate on legit, secure, and insured wallets that users can pay  to retailers superfast and easy. then show retailers how easy it is to set up an address and how much their customers will like paying with bitcoin

[Daniel91]

Bitcoin will become mainstream when ''big companies'' like paypal, Amazon, Google etc. accept bitcoin as payment option.
They will do it when many people ask them to add bitcoin as payment option.
So, we need many happy bitcoin users and many ''big'' companies which accept bitcoin.
How to achieve it, I don't know really.
We should educate average internet users about bitcoin, advertise a lot....

[franky1]

We should educate average internet users about bitcoin, advertise a lot....

no point teaching your grandparents about bitcoin until there is a userfriendly wallet and actaully a retailer for them to buy their knitting needles..

i think it is for the likes of coinbase and bitpay to really push retailers.. and for us to help them by searching out the email address of CEO's of shops we actually use. and ask the ceo about bitcoin.

i have done this to a few retailers and they have came on board.. all it takes is people to email companies.. then the company will see the demand and requests to help them decide.. then bitpay/coinbase can set them up without headaches..

only then when retailers are ready, will the average joe see 'use' of bitcoin.. and then advertising to average joe would be worth it

[SwagGirl]

I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:

1) Lack of organized promotion campaigns


2) Lack of earning bitcoin methods & bitcoin jobs


3) Lack of a good guide to newbies


4) Lack of a bitcoin "search engine"


5) Lack of a major global financial-economic crisis


6) Lack of a more integrated & united community


7) Lack of social Idols promoting/endorsing/using their influence to help bitcoin


8] Lack of a stable lending system

Nice summary of topics that bitcoin is lacking in order to achieve critical mass.
However most topics are about informing the general public about bitcoin and promoting its use cases.
These topics can be addressed by the community as identified by your list.
However; it will be mainly new businesses who see an opportunity in these bitcoin use cases and who will invest and promote their use case to the general public.

Significant sums of money spent on ongoing promotions over many years is what it will take. Whey else does AMEX, WU and other payment systems continue to spend hundreds of millions yearly. It is a process.

[Frost]

Bitcoin will not go mainstream I guess, it's just interesting for some geeks and traders like us.

[TibanneCat]

Bitcoin will not go mainstream I guess, it's just interesting for some geeks and traders like us.

That would depend on what you consider as mainstream
If Bitcoin can get a userbase comparable to Paypal in the next 5 years, I would already consider that a success and mainstream enough for the time being

[RealBitcoin]

Nice summary of topics that bitcoin is lacking in order to achieve critical mass.
However most topics are about informing the general public about bitcoin and promoting its use cases.
These topics can be addressed by the community as identified by your list.
However; it will be mainly new businesses who see an opportunity in these bitcoin use cases and who will invest and promote their use case to the general public.

Its not necessarly in order of importance, but its listed as my top suggestions that need to be tweaked.

 I hope entrepreneurs and influential people (of bitcoin) read my thread and get inspiration from my ideas and implement them.

[NorrisK]

Damn I forgot about this thread

Well I have to maintain it, so I added a point 8] Bitcoin lending.

It is also crucial to have a stable lending system (filtering out scammers), because its a good opportunity to increase the BTC economy & membership.

(Hopefully some entrepreneurs read my thread and absorb my ideas)

While I think bitcoin lending is a great idea and will definitely be needed, it is a recipe for a new age of banks.

The only thing banks will be used for in the future is lending money, safe keeping is not required anymore and cahs distribution is not required.

[RealBitcoin]

Damn I forgot about this thread

Well I have to maintain it, so I added a point 8] Bitcoin lending.

It is also crucial to have a stable lending system (filtering out scammers), because its a good opportunity to increase the BTC economy & membership.

(Hopefully some entrepreneurs read my thread and absorb my ideas)

While I think bitcoin lending is a great idea and will definitely be needed, it is a recipe for a new age of banks.

The only thing banks will be used for in the future is lending money, safe keeping is not required anymore and cahs distribution is not required.

But that's a great transition. Let's face it, you cannot get rid of the banking system.

However you can reform it, and with bitcoin you can get rid of fiat money, while still keeping the banks as allies.

You dont want the banking system as your enemy, so keep them your allies with this new form of capital based lending (not fiat money ponzi schemes)

[NorrisK]

Damn I forgot about this thread

Well I have to maintain it, so I added a point 8] Bitcoin lending.

It is also crucial to have a stable lending system (filtering out scammers), because its a good opportunity to increase the BTC economy & membership.

(Hopefully some entrepreneurs read my thread and absorb my ideas)

While I think bitcoin lending is a great idea and will definitely be needed, it is a recipe for a new age of banks.

The only thing banks will be used for in the future is lending money, safe keeping is not required anymore and cahs distribution is not required.

But that's a great transition. Let's face it, you cannot get rid of the banking system.

However you can reform it, and with bitcoin you can get rid of fiat money, while still keeping the banks as allies.

You dont want the banking system as your enemy, so keep them your allies with this new form of capital based lending (not fiat money ponzi schemes)

Sounds good. I guess we need larger institutions that can actually enforce loans to be paid.

Current lending services are just crying to get people scammed, I guess some form of ID will always be required for lending to avoid getting scammed.

[RealBitcoin]

Sounds good. I guess we need larger institutions that can actually enforce loans to be paid.

Current lending services are just crying to get people scammed, I guess some form of ID will always be required for lending to avoid getting scammed.

Yes but its more than that, either they need cross platform verification (verify their bitcointalk accounts, only member and higher ranks can get loans, etc.)

Or they need to implement an escrow system, to protect lenders from scammers.


A risk management specialist can easily spot scammers and can filter out 99% of scams easily. Thats whats needed.

[Kprawn]

One BIG promotion or gaming tournament with huge prize money, would push Bitcoin adoption through the roof. The only problem is, most people are in this for the profit.. not to

fund a $1 000 000 prize pot. Someone should start a crowd funding to sponsor something like this and then find a platform to run this on.

If one major game adopt Bitcoin as a in-game payment option, things will change quickly. Has anyone attempted to approach them? Blizzard / Midway / Westwood Studios / SNK

Relic / Ubisoft / Origin Systems / PopCap Games / EA / Nintendo ..... We only need one.  ... the rest will follow. 

[RealBitcoin]

One BIG promotion or gaming tournament with huge prize money, would push Bitcoin adoption through the roof. The only problem is, most people are in this for the profit.. not to

fund a $1 000 000 prize pot. Someone should start a crowd funding to sponsor something like this and then find a platform to run this on.

If one major game adopt Bitcoin as a in-game payment option, things will change quickly. Has anyone attempted to approach them? Blizzard / Midway / Westwood Studios / SNK

Relic / Ubisoft / Origin Systems / PopCap Games / EA / Nintendo ..... We only need one.  ... the rest will follow. 

Thats a 1 way deal.

I think an advertising campaign is more efficient, this would only lure people from 1st world countries. Lets give a chance for the rest of the world too.


An ADSENSE+ Facebook + Twitter campaign for 1-2 million $ would really boost bitcoin's membership.

[makcik]

Bitcoins , though being an awesome currency are still not considered to have a place on the mainstream line. Here are some of the reasons for it.
(1) It is still not used widely , many people are still not using it as being used less in their territory or country.
(2) Bitcoins still don't have any official management community, this creates problems for the people as scams and frauds are getting increasing and there's no official community to look after it.

[Coin Market]

Bitcoin will not go mainstream I guess, it's just interesting for some geeks and traders like us.

Main stream media are reporting bitcoin and banks are talking about block chain technology and adopt it in banking system. It is all happening now.

Bitcoin is going to main stream.

[RealBitcoin]

Man this Taiwan ban of bitcoin really annoys me. They will regret this later as they miss many bitcoin startups that could boost their GDP.

Oh well, that is "democracy" isnt it. The bitcoin startups will just find another place with more friendly enviroment.

[Bud Spencer]

BTC is only for online shopping.

[RealBitcoin]

Regarding my 1) point:

I am still thinking that the gamer/gaming industry is underdeveloped in bitcoin. And i`m not talking about gamblers. I`m talking about video gamers.

So I was just looking at the news and saw this:

www.voxelus.com


Basically this is a gaming platform or content creation platform that used his digital currency. It is in funding phase now but after it gets out it can become really big.


Think of it like this: It can help gamers familiarize themselves with cryptocurrencies, and then eventually get to use Bitcoin too.


So the 180 billion $ gaming market can get a hold of bitcoin too

[Laila10]

Make it sense though

[gripflierGO]

Bitcoins , though being an awesome currency are still not considered to have a place on the mainstream line. Here are some of the reasons for it.
(1) It is still not used widely , many people are still not using it as being used less in their territory or country.
(2) Bitcoins still don't have any official management community, this creates problems for the people as scams and frauds are getting increasing and there's no official community to look after it.

That's true, there are still many countries who are still not aware about the bitcoins and the people who are highly educated but still not aware about the bitcoins and if they have heard the word bitcoins but haven't used it, and that is the reason bitcoin is lacking behind so once it is widely used and accepted it would go and hit the mainstream.