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Author Topic: What is the #1 Thing Bitcoins Needs Right Now?  (Read 2006 times)
newtothescene
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May 07, 2013, 02:02:37 AM
 #21

Super simple wallet.  As others have mentioned it needs to be "Grandma friendly" to allow for an easier adoption rate.  When one BTC was a few bucks people didn't feel so bad about messing around with $20 worth of coins to learn how things work with the client.  Now a few coins is more than most people have in entertainment/play money set aside for monthly usage.  The psychology of owning less than 1 of something combined with the high value of that one thing doesn't help us out.  We are in an "uncanny valley" so to speak where the value is high enough to limit how much people can play around with it and the value is too low for it to be awe inspiring. 

My idea for the grandma friendly wallet is something that can be easily setup on any device and allows some type of sync between the devices if setup on multiple devices.  Not sure if this exists but 2 factor authentication would be a plus for security but doesn't really help the adoption rate by non-tech folks.   

I made a small bit of $$ off some of the recent alt coin releases due to early mining.  Right now there are too many coins going on for a new person to take it all in.  When I am explaining the whole BTC thing to a new person who shows interest, I usually lose them somewhere around the alt coin discussion.  We should be free to release whatever crypto coin we want, but I think we need to really move towards better coins and not just copies of the two main coins. 

Mostly just some random thoughts to chime in Smiley
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convect
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May 07, 2013, 02:03:36 AM
 #22

The biggesting the BTC needs right now is a better way to buy them so more people have access.
MiningUnited
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May 07, 2013, 02:06:40 AM
 #23

The biggest thing BitCoin needs to the media to not scare people into thinking BitCoin is only used for crime related transactions.
whitefeather
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May 07, 2013, 02:08:01 AM
 #24

I am looking forward to more anonymous ways to convert BTC to USD, preferably with lower transaction costs. Moneypaks and Polish prepaid cards are fine but are not consistent and you really can't convert large amounts without going through lots of effort.
rik8119
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CEO WINC e. V.


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May 07, 2013, 10:37:50 AM
 #25

consumers that actually spend it, and merchants that actually accept it. in short, ubiquity.
I have heard BTC being referred to like a "store of value" currency such as gold, but gold is tangible. king tut's mask is made of gold, it is malleable, beautiful, a good conductor. it has intrinsic value. BTC needs to be used for it to evolve out of the geek-hobbyist thing it is now, despite the recent crazy performance it has seen. I really feel strongly that unless BTC is used widely, it will ultimately fail. but ofc it is an experiment, so fail is maybe the wrong word. If you don't use it you will lose it, that's my belief.


To have people spend their BTC you have to include some demurrage like in many other local currencys. When the money on your account vanish over time everybody whants to buy something for their BTC.

Demurrage - the easiest way to a human society.
sakamoto
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May 07, 2013, 11:42:45 AM
 #26

Luck
Netinterspac
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May 07, 2013, 12:22:43 PM
 #27

eshops that accepts btc
Endgame
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May 07, 2013, 12:32:54 PM
 #28

Bitcoin needs exchanges capable of handling high trading volume.
runam0k
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Touchdown


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May 07, 2013, 02:17:38 PM
 #29

pizza
Dominos or Pizza Hut, either one will do.  BTC for delivery to your door.
yukon
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May 07, 2013, 02:44:05 PM
 #30

if bitcoin's price settles and becomes stable, then acceptance can be much more widespread
noveltyglow
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May 07, 2013, 03:53:59 PM
 #31

More people
cp1
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Stop using branwallets


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May 07, 2013, 04:19:09 PM
 #32

A really easy way to get cash without giving your SSN and bank info to an exchange when all the exchanges seem to constantly be getting hacked.

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
MiningUnited
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May 07, 2013, 09:18:39 PM
 #33

Cp1, You might be interested in localbitcoins.com. Have you checked them out? Have heard good things. Great option for cash buyers and sellers!
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