All it's going to take is ONE user-friendly, practical App

[BitcoinBarrel]

That gets viral like Pokemon Go with integrated Bitcoin application, and Bitcoin will be going SuperSonic.

There is easily a million+ people that have heard of Bitcoin and have not had the adequate motivation or desire to invest into it. Once an application exists that makes it easy for the average person to start using Bitcoin with their every day life, it's over. The flood of people coming into the market will drive the price to incredible levels.

It is just a matter of time before SOMETHING takes off.

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[Shiroslullaby]

Very true.
I'm waiting for the day I wake up and see a thread "Amazon now accepts Bitcoin directly", check the exchange price, and see price of Bitcoin has almost doubled.

One popular app or big website becoming BTC integrated will have the possibility to make a huge difference in user base and drive the demand to new levels.

[michkima]

Maybe we should make a viral game? Like flappy bird that will get the whole world hooked in the game. Then probably we can get a lot of people to know and understand bitcoin. The pokemon go app is a no go with us because it is under licenses of corporations that we could not touch. An easier route is that flappy bird game. We just need a potential viral idea!

[Kprawn]

Well it all sounds wonderful, until it happens. Then Bitcoin will "crash" within the first week... because we cannot {with the current block size}

accommodate mainstream adoption.  PayPal can handle around 10 million transactions per day.... The only way, we will be able to handle that

kind of traffic, would be to take it to off-chain transactions or in future SegWit/LN type technologies. There is no use for people to wait

3 hours for their transactions to be confirmed...  

[BitcoinBarrel]

Well it all sounds wonderful, until it happens. Then Bitcoin will "crash" within the first week... because we cannot {with the current block size}

accommodate mainstream adoption.  PayPal can handle around 10 million transactions per day.... The only way, we will be able to handle that

kind of traffic, would be to take it to off-chain transactions or in future SegWit/LN type technologies. There is no use for people to wait

3 hours for their transactions to be confirmed...  

All people have to do is put a *slightly higher fee and transaction speed increases. Since I have been adding a measely 0.00003 BTC to my fee, most of my transactions have been confirming in under 30 minutes. You have to figure that much of the lag in confirmations is do to the dust transactions from faucets, dice sites, etc. If blockchain.info would update their recommended fee algorithm that would speed things up considerably.

[The Sceptical Chymist]

Pokemon go is a practical app?

I have to play the party pooper here and say that what you're suggesting would more than likely bring on another unsustainable 2013-type bubble, not the slow, sustainable growth bitcoin needs.  And I don't think bitcoin needs to be thrust upon the masses. 

[BitcoinBarrel]

Pokemon go is a practical app?

I have to play the party pooper here and say that what you're suggesting would more than likely bring on another unsustainable 2013-type bubble, not the slow, sustainable growth bitcoin needs.  And I don't think bitcoin needs to be thrust upon the masses. 

I'm not saying Pokemon Go is practical, but using the viral nature of it as an example. Perhaps Uber would be better fitting.

[Bitcoinsummoner]

It is hard to find a good app to be just like a pokemon go that can be viral fast. if you can be a game developer or app maybe it is a good idea to make an app is a game like mmorpg games that can be play in mobile which is more people right now are using mobile so it can be work just like pokemon go..
Like before that there is flappy coin which is just to play that game and earn bitcoin if you win..

[piloder]

That gets viral like Pokemon Go with integrated Bitcoin application, and Bitcoin will be going SuperSonic.

There is easily a million+ people that have heard of Bitcoin and have not had the adequate motivation or desire to invest into it. Once an application exists that makes it easy for the average person to start using Bitcoin with their every day life, it's over. The flood of people coming into the market will drive the price to incredible levels.

It is just a matter of time before SOMETHING takes off.

Pokemon go could be used as reference about how people are crazy about games actually teenagers but i don't think those same teenagers will be interested in bitcoins.

Talking about user friendly apps there are many bitcoin wallet apps available on playstore but hardly they get 1 lakh+ downloads which shows people are only crazy about games not about financial apps like bitcoin wallet.

Using bitcoin have already been easy with many bitcoin web wallets, bitpay like services etc but its the people who still scares to try new thing and as bitcoin is a way to keep their hard earned money they have bigger fears of losing all their savings because they keep hearing about many negative things relation to bitcoin hyped by medias.

[julian071]

The obvious thing to build a good wallet for mobile phones, with good functionality. Like Gulden has for example. Or with the functionality that Dash will have once Evolution is done. But right now that's not really useful, as fees are too high and capacity too low to accomodate many more users. That's too bad because others will beat BTC to it.

[RyNinDaCleM]

Very true.
I'm waiting for the day I wake up and see a thread "Amazon now accepts Bitcoin directly", check the exchange price, and see price of Bitcoin has almost doubled.

One popular app or big website becoming BTC integrated will have the possibility to make a huge difference in user base and drive the demand to new levels.

Overstock is among the largest retail websites and it made very little difference to the price. It pumped but quickly fell back. IMO Amazon will be quite similar. what is needed is grocery stores, mortgage companies and utilities all to accept it. At that time, the stage will be set to price in BTC and pay employees and buy from the warehouse in BTC directly...making a complete cycle in Bitcoin economy.

[notme]

Very true.
I'm waiting for the day I wake up and see a thread "Amazon now accepts Bitcoin directly", check the exchange price, and see price of Bitcoin has almost doubled.

One popular app or big website becoming BTC integrated will have the possibility to make a huge difference in user base and drive the demand to new levels.

Overstock is among the largest retail websites and it made very little difference to the price. It pumped but quickly fell back. IMO Amazon will be quite similar. what is needed is grocery stores, mortgage companies and utilities all to accept it. At that time, the stage will be set to price in BTC and pay employees and buy from the warehouse in BTC directly...making a complete cycle in Bitcoin economy.

Overstock is #21.  Amazon is #1 and has 50X the sales of O.co.  Not to mention, Amazon also has the AWS business line, which is a much more natural fit for btc than retail sales.

http://wwd.com/business-news/financial/amazon-walmart-top-ecommerce-retailers-10383750/

[kwukduck]

Yea we just need that killer app. You realize bitcoin is already operating at maximum capacity right? A big influx of new users would cripple the entire network. It would quite litterally be the "killer" app.
Bitcoin DOES NOT SCALE! When do you guys get this?

[Huge Black Woman]

Yea we just need that killer app. You realize bitcoin is already operating at maximum capacity right? A big influx of new users would cripple the entire network. It would quite litterally be the "killer" app.
Bitcoin DOES NOT SCALE! When do you guys get this?

I know you a troll, but you probably right bout this.  Do any of these coins scale?  An' I don't think there gonna be any one app that bring in the users.  Even if Amazon start takin' it, people still gonna want to use cash money.

Maybe if the prison system started takin' it for tha commissary?

[richardsNY]

Honestly, it's already easy to use and obtain Bitcoin in the well developed world. I can't really see or think of an app that is capable of enhancing the user experience even more. Everything is already easy. That aside, even if there is a certain app that is decent enough to get people motivated and interested, then it will be of very short term as hypes mostly don't last very long.

[BitcoinBarrel]

How would the network be crippled with 1 Million new users in a day? You don't need to use the network to generate a new Bitcoin Address. What would be the result of 1 million unconfirmed transactions? It's not like the blockchain will create a black hole... or would it?? 

[European Central Bank]

considering the thousands of super sharp minds involved in bitcoin you have to wonder why such an app hasn't arrived yet. bitcoin's still a solution to a problem most people don't know or care about.

[Red-Apple]

Well it all sounds wonderful, until it happens. Then Bitcoin will "crash" within the first week... because we cannot {with the current block size}

accommodate mainstream adoption.  PayPal can handle around 10 million transactions per day.... The only way, we will be able to handle that

kind of traffic, would be to take it to off-chain transactions or in future SegWit/LN type technologies. There is no use for people to wait

3 hours for their transactions to be confirmed... 

All people have to do is put a *slightly higher fee and transaction speed increases. Since I have been adding a measely 0.00003 BTC to my fee, most of my transactions have been confirming in under 30 minutes. You have to figure that much of the lag in confirmations is do to the dust transactions from faucets, dice sites, etc. If blockchain.info would update their recommended fee algorithm that would speed things up considerably.

it is not a matter of higher fees and getting confirmation faster, as Kprawn said at this point if a big thing like what you suggested (pokemon,...) happens and lots of new users start using bitcoin all their transactions are going to accumulate on top of each other because there is no more space in any blocks to include them.

[BitcoinBarrel]

Why is Block size an issue? Is there a limit on the number of blocks at a time?

[notme]

Why is Block size an issue? Is there a limit on the number of blocks at a time?

The network will throttle itself to around 10 minutes/block.  It can exceed this short term, but it will slow down on the next retargeting if it does.

With 1MB blocks, bitcoin can only handle about 3.5-7 transactions per second (depending how you approximate the average transaction size).