Critical mass may have been hit, the sky is the limit

farfiman

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Re: Critical mass may have been hit, the sky is the limit

November 14, 2013, 11:01:06 AM

#41

Quote from: Mageant on November 13, 2013, 09:22:51 PM

I don't see any mass use yet.

A lot of people know about Bitcoin now but are not investing.

Not critical mass of use yet- but critical mass in the media. EVERYBODY is talking about.
Every newspaper, every TV station that talks about economy, every magazine, blog.. you name it

Even my 80 yr old father asked me to explain what it is.
( he read about it in Time Magazine in the article about the darknet)

We just need the development of hardware/software to catch up and make it EASY to use and keep safely.

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Mageant

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Re: Critical mass may have been hit, the sky is the limit

November 14, 2013, 11:37:02 AM

#42

Hm, maybe a critical mass of sorts has been hit after all.

Check out this report from in-person bitcoin purchases in Vancouver:
http://www.reddit.com/r/Bitcoin/comments/1qlulv/went_to_buy_10k_of_bitcoin_today_lineups/

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Odrec

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Re: Critical mass may have been hit, the sky is the limit

November 14, 2013, 12:09:02 PM

#43

Quote from: Sage on November 13, 2013, 08:49:04 PM

How do you come to this conclusion?

Nope... we are far from critical mass. More technology has to be in place for that tipping point to be reached.

Yep, the infrastructure surrounding bitcoin is still not robust enough.

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calian

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Re: Critical mass may have been hit, the sky is the limit

November 15, 2013, 09:12:11 AM

#44

I heard Vancouver's getting 5 more ATMs. When will the other cities of the world catch up?

hieroglyph

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Re: Critical mass may have been hit, the sky is the limit

November 15, 2013, 11:58:09 PM

#45

I personally would say this is the beginning stages of critical mass. Not that many people of all age groups acquiring bitcoin IMO. There is still going to be volatile swings in the price but I'm very optimistic of the coming months for sure.

Nice to here others opinion on the topic though lets hope more people adopt BTC and cancel out all the scammers trying to steal them.

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⇾ Re: Critical mass may have been hit, the sky is the limit

November 17, 2013, 11:41:45 PM

#46

Quote from: hieroglyph on November 15, 2013, 11:58:09 PM

Yes this is what I'm saying, this is the beginning of critical mass. My 60 year old parents in-law has independently heard about Bitcoin, without me ever telling them. They have nearly no technical knowledge, they just read news. They asked me what Bitcoin was, and were very surprised to hear that I was already in Bitcoin for over 2 years.

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