Is Bitcoin entering the mainstream FINALLY?

[wmcleod]

i think the term bitcoin has entered the mainstream, but i don't think that its function has even approached normalcy in any society on earth, yet.

[1715114644]

1715114644

[1715114644]

1715114644

[Valerian77]

@niothor
You are not very friendly. And your stories sound very childish.

Anyways I will give you some examples for comparable mass adoptions (means forget your numbers):

 - Internet
In 1982, the Internet protocol suite (TCP/IP) was standardized (some expereiments before as ARPANET).
Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated information by 2007

DATE_____	NUMBER OF USERS	% WORLD POPULATION
Dec, 1995	16 millions	0.4 %
Mar, 2000	304 millions	5.0 %
Dec, 2005	1,018 millions	15.7 %
Sep, 2010	1,971 millions	28.8 %
Mar, 2013	2,749 millions	38.8 %

 - Web
On 6 August 1991, Berners-Lee posted a short summary of the World Wide Web project on the alt.hypertext newsgroup.
Currently with nearly 1/2 billion websites and at a growth rate of nearly 5% per month futurepredictions.com estimates nearly 1 billion active websites by the end of 2012.

(ref: How big is the Internet?
 
 - mobile phone
From 1990 to 2011, worldwide mobile phone subscriptions grew from 12.4 million to over 6 billion, penetrating about 87% of the global population and reaching the bottom of the economic pyramid.

 - SMS
The first SMS text message was sent from a computer to a mobile phone in 1992 in the UK, while the first person-to-person SMS from phone to phone was sent in Finland in 1993.

The first mobile news service, delivered via SMS, was launched in Finland in 2000, and subsequently many organizations provided "on-demand" and "instant" news services by SMS.

SMS is the most widely used data application, with an estimated 3.5 billion active users, or about 80% of all mobile phone subscribers at the end of 2010.

 - google
The domain name for Google was registered on September 15, 1997
In January 2013, Google announced it had earned $50 billion in annual revenue for the year of 2012.


To understand for little children - just take the diagram of hostnames - it may represent what Bitcoin will going to very good. Only a fool cannot see where this is going to. And remember IBMs reply to micro computers and PCs - that was the reason for Microsoft incredible rise.

[niothor]

@niothor
You are not very friendly. And your stories sound very childish.

Anyways I will give you some examples for comparable mass adoptions (means forget your numbers):

 - Internet
In 1982, the Internet protocol suite (TCP/IP) was standardized (some expereiments before as ARPANET).
Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated information by 2007

DATE_____	NUMBER OF USERS	% WORLD POPULATION
Dec, 1995	16 millions	0.4 %
Mar, 2000	304 millions	5.0 %
Dec, 2005	1,018 millions	15.7 %
Sep, 2010	1,971 millions	28.8 %
Mar, 2013	2,749 millions	38.8 %

 - Web
On 6 August 1991, Berners-Lee posted a short summary of the World Wide Web project on the alt.hypertext newsgroup.
Currently with nearly 1/2 billion websites and at a growth rate of nearly 5% per month futurepredictions.com estimates nearly 1 billion active websites by the end of 2012.

(ref: How big is the Internet?
 
 - mobile phone
From 1990 to 2011, worldwide mobile phone subscriptions grew from 12.4 million to over 6 billion, penetrating about 87% of the global population and reaching the bottom of the economic pyramid.

 - SMS
The first SMS text message was sent from a computer to a mobile phone in 1992 in the UK, while the first person-to-person SMS from phone to phone was sent in Finland in 1993.

The first mobile news service, delivered via SMS, was launched in Finland in 2000, and subsequently many organizations provided "on-demand" and "instant" news services by SMS.

SMS is the most widely used data application, with an estimated 3.5 billion active users, or about 80% of all mobile phone subscribers at the end of 2010.

 - google
The domain name for Google was registered on September 15, 1997
In January 2013, Google announced it had earned $50 billion in annual revenue for the year of 2012.


To understand for little children - just take the diagram of hostnames - it may represent what Bitcoin will going to very good. Only a fool cannot see where this is going to. And remember IBMs reply to micro computers and PCs - that was the reason for Microsoft incredible rise.

You continue on the path of stupidy my friend
Mainstream means majority
Cellphones weren't mainstream in 1990
Internet wasn't mainstream in 1995

Are they now? Yes!

Just because those things become used by most people in the world it doesn't mean they held 51% of the market share the day they were launched.

Credit cards are mainstream now.
Were they in 1970? NO.

You'll say the same about bitcoins in 2100.
Are bitcoins mainstream? Yeah , there are 900 millions users /day.
Were bitcoins mainstream in 2013 ? Hell no!

You fail to understand a simple thing!
Cars we're not mainstream when they were invented , nor the internet nor the mobile phones , not google , not bitcoin not even fire.
Most of those really become , bitcoin has all the time to become on too but until that, as I said before , it's 149 950 000 uses/day short of it

[Valerian77]

Most of those really become , bitcoin has all the time to become on too but until that, as I said before , it's 149 950 000 uses/day short of it

My friend - you miss the fact by magnitude. People are tired of paying debts, credit card fees and work for a completely corrupt finance industry - criminals in suits - believe me I know what I am talking about probably much better than you.

For Bitcoins it means - as soon as the 'normal' people start to trust in Bitcoin you can forget VISA, WU, PP etc - they will be gone. That is no question of numbers anymore. For everything else refer to the WWW growth and shorten it to 10 years - the first 5 are gone already.

[niothor]

Most of those really become , bitcoin has all the time to become on too but until that, as I said before , it's 149 950 000 uses/day short of it

My friend - you miss the fact by magnitude. People are tired of paying debts, credit card fees and work for a completely corrupt finance industry - criminals in suits - believe me I know what I am talking about probably much better than you.

For Bitcoins it means - as soon as the 'normal' people start to trust in Bitcoin you can forget VISA, WU, PP etc - they will be gone. That is no question of numbers anymore. For everything else refer to the WWW growth and shorten it to 10 years - the first 5 are gone already.

So you acknowledge it hasn't happened yet. Thank you for not wasting my time.
Now , really , ..... what was the point of all the data and copy paste you have done?

Ps. A trivia,I was going to use if you continued you're nonsense:
Right now there are more people undergoing a sex change than people using bitcoin.

[Valerian77]

Ps. A trivia,I was going to use if you continued you're nonsense:
Right now there are more people undergoing a sex change than people using bitcoin.

Nice reply - you continue your unsubstantiated unfriendly talk starting with:
"It doesn't fu*** matter"

Hope you got your lesson.

[Tirapon]

You'll say the same about bitcoins in 2100.
Are bitcoins mainstream? Yeah , there are 900 millions users /day.

2100? I'd be suprised if Bitcoin is still in use, it will probably have been replaced by then. I expect mainstream adoption will occur much quicker than that: let's see where we are by 2020.

[balanghai]

We need more businesses to adopt bitcoin as payment option and make cloud mining as known as it could for more individual adoption.

[Lauda]

We need more businesses to adopt bitcoin as payment option and make cloud mining as known as it could for more individual adoption.

This. Bitcoin has to be accepted on some local level. Once someone sees "Bitcoin accepted here", they will surely start asking question.

[niothor]

You'll say the same about bitcoins in 2100.
Are bitcoins mainstream? Yeah , there are 900 millions users /day.

2100? I'd be suprised if Bitcoin is still in use, it will probably have been replaced by then. I expect mainstream adoption will occur much quicker than that: let's see where we are by 2020.

It was just an example to make a blinkered hothead zealot understand the difference between it is and it will be.
I pretty much doubt there will be any kind of user (visa/bitcoin/toothpaste) on this planet by 2100 , the way things are going.

[Valerian77]

The current adoption speed is much faster than anything the world has seen before. The real question is not if it will go mainstream finally but more how the lifecycle of Bitcoin looks like. What will happen after 30 to 50 years when other positions take over the role of Bitcoin ?

[Zangelbert Bingledack]

good vid http://www.youtube.com/watch?v=A2Cjo7CHh6w

GREAT vid. Thanks.

[rpietila]

Cars we're not mainstream when they were invented , nor the internet nor the mobile phones , not google , not bitcoin not even fire.
Most of those really become , bitcoin has all the time to become on too but until that, as I said before , it's 149 950 000 uses/day short of it

Nice way to put it! If we assume that bitcoin is 10 times overvalued now, it still leaves plenty of upside.

[b!z]

i think the term bitcoin has entered the mainstream, but i don't think that its function has even approached normalcy in any society on earth, yet.

Well, if people use the term, they should at least know what it means... right?

[Lauda]

i think the term bitcoin has entered the mainstream, but i don't think that its function has even approached normalcy in any society on earth, yet.

Well, if people use the term, they should at least know what it means... right?

Obviously they don't know what it means exactly.

[b!z]

i think the term bitcoin has entered the mainstream, but i don't think that its function has even approached normalcy in any society on earth, yet.

Well, if people use the term, they should at least know what it means... right?

Obviously they don't know what it means exactly.

It's possible that they will do research on Bitcoin, and start to use it. There are many businesses which have just recently started to accept Bitcoin. On r/bitcoin you always see "___ restaurant/shop accepts Bitcoins now"

[theecoinomist]

There are still not enough infrastructure supporting bitcoin for mainstream usage so no.

I have the feeling alot of companies are working on this. There is still a lot of first mover spots in different industries.. Even banks could benefit form integrating bitcoins, or they could eventually be left out in 10-20+ years

[crazy_rabbit]

Looks like I was wrong. USA Today says Bitcoin is starting to enter the mainstream.

And if it wasn't then their article will certainly help that to happen.

:-)

http://www.usatoday.com/story/news/nation/2013/11/21/businesses-embrace-bitcoin/3666279/