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[CoinOn]

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[BurstIncomeAsset]

What exactly is the threshold for Bitcoin be considered mainstream?

With a few millions of bitcoin users it is far from being mainstream, anyway.

I think the biggest obstacle for mainstrain adoption is the difficulty to get mainstream adoption is the difficulty to invest with fair rates.Most of the exchanges are without proper regulations.

Also have full responsibility for their money isn't for everyone.

[Whiplash Wally]

One day closer than it was yesterday.

[DaMut]

For now we can not see it because it is too complicated for them who does not have any technical knowledge and for a lazy person,
It will be mainstream when everything is ready and fully operated,for now we can heard about Bitcoin ATM and only in some country implement that,we need to successfully implement it first and then slowly planting it around the world.it should be take a years to fo this,but at least we should understand that Bitcoin still has a lot of room to grow.

We need to make something more easier and other people can start to learn it,and we need to fix the problem about transaction fees and else to gain more momentum.

One day closer than it was yesterday

That was the best statement to describe it all

[Aura]

Bitcoin is already mainstream. Big media platforms are writing articles about it. Also when you look the unconfirmed transactions, the amount increases every second. It passed PayPal's marketcap a couple of weeks ago. PayPal is quite mainstream, even my mother knows it.

[The Alchemlst]

I don't know a specific gauge but I think bitcoin will be considered mainstream if it will be available for almost all basic services as a mode of payment or some side street food that you can purchase through bitcoins.

[Potato Chips]

Bitcoin is already mainstream. Big media platforms are writing articles about it. Also when you look the unconfirmed transactions, the amount increases every second. It passed PayPal's marketcap a couple of weeks ago. PayPal is quite mainstream, even my mother knows it.

uhhh i don't think so. mainstream means a dominant trend to the point that it'll become a basic knowledge that almost all people knows. as i see bitcoin now, its not even close

to that. the trick is to pay attention in your surrondings? Have you asked your peers if they know bitcoin? i bet odds are low to that. Is it easy to look for merchants who accepts

it? no because they are very scarce as of now. Although having said that, bitcoin is growing constantly and the odds of having it mainstream is not low

[User365]

Far.

I am a bitcoin enthusiast but this is true. A freind of mine which is not into bitcoin, recently visited japan (which should be the bitcoin friendliest country) and had not the slightest contact with it.

To go mainstream we need old powerful people to retire. So my guess maby 10 to 15 years if it still exists then (I hope so).

[Schocksen]

Press releases are raising extremely. More and more people are hearing about BTC, Ethereum etc. I think we are on a good way. But it is still a long way to go.

[rasmadisulaiman]

Bitcoin is far from the mainstream. It took a long time to make bitcoin into mainstream in my country. I measure it by looking at people who are not currently using bitcoins.

[marky89]

How much closer is Bitcoin to being mainstream, and how do you gauge that?  I noticed more ATMs in recent years, but other that haven't seen too many other signs.

One of the ways to gauge it is regulatory involvement and institutional investment options. These things tend to be purely reactive; they are not the "early adopters" of a technology. The fact that Bitcoin is getting so much attention from these groups (e.g. CFTC formally registering LedgerX for swap execution, or the new Bitcoin ETF to be listed on Canadian markets) says that it is definitely here to stay.

Commodities market insiders are also indicating that the SEC is getting closer to approving an ETF in the US as well. Once that happens, a big potential pool of investors could have access to BTC options.

[StockBet.com]

It's far from mainstream.

This is bad and good news.

It's good news because the price still has a long way to go, to reflect mainstream.

[LeGaulois]

Press releases are doing nothing other than inside the crypto community. The average Joe who never heard about Bitcoin etc is not going to read coindesk etc...
Comparing with paypal marketcap is so useless and oesn't bring anything valuable

[24core]

I think we are very close. I see a handful of restaurants accepting bitcoins in the US. Cryptocurrency is the future and I believe it will continue to gain popularity as our economy struggles.

[Seansky]

How much closer is Bitcoin to being mainstream, and how do you gauge that?  I noticed more ATMs in recent years, but other that haven't seen too many other signs.

I think bitcoin is far away from being mainstream and I gauge that by looking at the current number of users it has now. It can also be clearly seen that it is far from being mainstream not just because of the current number of users, but because bitcoin still has it's bad image to some people. They think bitcoin is illegal money or whatsoever so for bitcoin to be mainstream, it needs to be made clear to them that btc is safe and good to use. Besides that, it needs more exposure.

[Chrystora123]

I think about the next 5 years, people who know bitcoin will be more and more, bitcoin will become more famous and mainstream than now , and will used in life everyday ..

[darkangel11]

Much closer thanks to Japan, but still not close enough. You can see that there are people working every single day to take us there, but it really is a struggle.
Bitcoin is facing many obstacles on its way and may never reach a goal of becoming a secondary currency, though I'd just like to see it accepted worldwide. Not as a mainstream currency, but like a foreign one. For the people to know what it is and how to use it and be able to transact if needed.

[eckmar]

not very close. It all comes down to fees. If fees are low people may just start using it for paying for food etc. That way it will become common knowledge.

[HeRetiK]

Bitcoin is already mainstream. Big media platforms are writing articles about it. Also when you look the unconfirmed transactions, the amount increases every second. It passed PayPal's marketcap a couple of weeks ago. PayPal is quite mainstream, even my mother knows it.

Nah... Bitcoin has become more widely known and people are just starting to realize that there might be something to it, that's true. But it's still quite far from mainstream, albeit we're slowly getting there.

Knowing about something and using it are two very different things. A lot of people knew about cars, computers and the internet before the general populace started using them.

PayPal's market cap is a useless metric in this regard, unfortunately. It will be mainstream once the userbase is the size of PayPal.

[Yakamoto]

How much closer is Bitcoin to being mainstream, and how do you gauge that?  I noticed more ATMs in recent years, but other that haven't seen too many other signs.

You gauge a lot of "progress" for Bitcoin by determining whether or not people are actually using it, and one major incident, such as walking to your local grocer and seeing that they are accepting Bitcoin, would be a pretty good indicator of how Bitcoin is doing on the world stage, and how it is being integrated into the rest of the economy. If you start seeing people talking about Bitcoin or paying with Bitcoin very consistently, then you know for a fact that it has become "mainstream". Beyond that there isn't much.