Is Bitcoin ever be Mainstream?

[btccashacc]

Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?

For now it's a big no bitcoin's fee it is too high, people will not pay something that the fee is higher than the item, besides that long confirmation is the main reason here... Maybe the alternative such bitcoin cash is suited for this case, bitcoin itself is not suited for small transaction it's kind of like an asset not as a currency.

[sunno330]

Actually, you are talking about using bitcoin in everyday work. But it has not spread so much, but it will expand in roughly all the cases. In that case, you can make payments for everyday work with it.

[genset88]

Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?

Bitcoin is not yet the mainstream and has not been legally recognized, but I think within three years if Bitcoin continues to grow, it will be recognized by the government and will be monetized. to transaction

[HappyLocust41]

Isn't it already the mainstream coin of all crypto coins? Not sure if I understand the question correctly.

[PPleaseman]

Hello. i dont think its mainstream. A lot of people have heard of it but they dont know what it can do or what it is supposed to do. Crypto and bitcoin will become mainstream in 2018 i think. There are a lot of projects (especially in the Ethereum ecosystem) that will lift cryptos up (before the great fall and then the rise again

Cheers

[vv181]

We can see today that Bitcoin is still lack of acceptance in the mainstream. But I believe in the future the scenario will likely to happen, many people will consider accepting payments with Bitcoin and possibly with other cryptocurrencies too. The cryptocurrencies scene is hard for ordinary people to well-understand about it so, I expect its need a time for people to acknowledge it.

[lucifer2]

Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?

yes you can buy bitcoin for bread, phone, car, an appartment, etc. if seller trust about value bitcoin.

today more and more bitcoin users as transactions. despite being banned by the government and the state.

not to use bitcoin as not as nasty as buying drugs

[herecomesjohnny]

There are many new companies that are starting to accept the Bitcoin as one mean of their payment offer. Bitcoin is changeable and transaction with that coin are connected with the mainstream users and management but nevertheless, Bitcoin has high fees right now and buying the simple cheap things like the bread or the cigarettes in the stores or something else could cause nonprofitable transactions on both ends. Bitcoin will stay at the top of the coin chain for a very long time and it will be included in more and more companies as the payment mean but it will never become mainstream currency like FIAT.

[lunnatic]

Actually Bitcoin will be mainstream very soon, much people already know about this currency. If we looking the popularity of Bitcoin now it will be make Bitcoin increase the value. And it will make some famous outlets will accept Bitcoin as payment.

[morsuperuser]

For purchasing some items, it might be used for payment. But, for little things such as buying bread or something, it is still far off to happen.

[majest3]

Don't think you will ever be able to use it mainstream until they sort out the processesing speed and high transaction fees. 2 to 3 transactions per second is not commercially viable for the mainstream businesses to ever use it. Can you imagine filling up the petrol tank and then sitting there for an hour ( if your lucky) while the payment is confirmed! Yesterday l had to send a 26 cents payment, that l could only pay in BTC, cost me $12.00 in transaction fee's. Not going to cut it commercially.

[Hoangz176]

have bitcoin you can live anywhere

[Vin183~]

could be like that, we can see what will happen in the future. If bitcoin can make daily life it might be similar to e-money

[BlackRacerX]

Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?

I guess. But it is too early to tell. Bitcoins are just too small in terms of supply that is why we will have trouble using it on a day-to-day basis globally. If we are to use bitcoins everyday, it should have a stable price first and enough to supply the whole world with bitcoins. Bitcoins also must have gold reserves to make sure it is insured.

[ethereumhunter]

Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?

I guess. But it is too early to tell. Bitcoins are just too small in terms of supply that is why we will have trouble using it on a day-to-day basis globally. If we are to use bitcoins everyday, it should have a stable price first and enough to supply the whole world with bitcoins. Bitcoins also must have gold reserves to make sure it is insured.

I think the same with you and I think it is difficult for bitcoin to get stable for the price because we do not yet reach the highest price and it still too volatile. maybe it is better to be like now and we can have a chance to make money from bitcoin and I think we can use the other coin to buy something and bitcoin will only an adjustment for that coins and the other. bitcoin itself needs many things before the price is stable and we need approvals from every government so people can free to use bitcoin in everywhere.

[Nilda]

It depends on how one defines mainstream. For me, it is when it is government-regulated, millions of merchants accepting cryptocurrency and an exchange.

[bitfocus]

Most of the people are using Bitcoin as Asset these days but acceptance to stores are gaining, too. You can use Bitcoin Debit Cards, OverStock and some other reputed stores accepting Bitcoin and if you google a little, you would see there are lot posh houses are being sold with Bitcoins.

[ohtmvhbli]

Well if you are talking about bitcoins being a media mainstream, then yes it has become mainstream in terms of so much discussion being going around in the media and people becoming more and more aware about it,but if you are talking about its usage becoming mainstream, then it is gonna take some time, people are still relying on paper currency, since it is an age old system and therefore trustworthy, for bitcoins to become mainstream in usage its gonna take a lot of time

I agree with your point of view, waiting for people to accept bitcoin may take time.

[bitcoinfrings]

Well if you are talking about bitcoins being a media mainstream, then yes it has become mainstream in terms of so much discussion being going around in the media and people becoming more and more aware about it,but if you are talking about its usage becoming mainstream, then it is gonna take some time, people are still relying on paper currency, since it is an age old system and therefore trustworthy, for bitcoins to become mainstream in usage its gonna take a lot of time

yes bitcoin is gradually going mainstream..

[ZZ8ZZ]

I'm not really sure if Bitcoin will ever reach this level of mainstream aka. to be able to buy bread with it or pay taxes etc. in order for this to happen, BTC needs to beat the banks and everyone knows that this can't really happen at all. Yes BTC goes more and more mainstream with every single day and lots of new and new services start accepting BTC, but we are waaay waaay behind in order to start using Bitcoin in our everyday life.