Progressing adoption

[joshy23]

Hm, hard to say how the broad picture looks like.
Maybe the transaction volume processed by payment gateways is decreasing, but the number of BTC transactions per day seems to be growing according to https://www.blockchain.com/charts

The transaction per day that continuing to grow is one of the proof that the adoption is occurring. In my community, there are more people who interested to use bitcoin in their daily transaction. There are now also many Bitcoin atm in my community and it seems that many people are really interested to use and buy bitcoins.   

That's a good news there, adoptions are being seen coming from transactions that has been done daily, more businesses and individuals are been
attached with crypto process, after some time we will see massive that will bring this system to be more useful from daily transactions that will
be process from each countries who already cater bitcoin/crypto.

[1714756204]

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[SkustaClee]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

We the bitcoin users should do a way where we can promote bitcoin to others. The adoption will not occur if we will not do something. I keep influencing my friends to patronize bitcoin for them to get also opportunities and benefits. There are now many people that I influenced who sharing their information to others, it is like a domino effect where people are becoming aware to blockchain technology.

[ethereumhunter]

Hm, hard to say how the broad picture looks like.
Maybe the transaction volume processed by payment gateways is decreasing, but the number of BTC transactions per day seems to be growing according to https://www.blockchain.com/charts

The transaction per day that continuing to grow is one of the proof that the adoption is occurring. In my community, there are more people who interested to use bitcoin in their daily transaction. There are now also many Bitcoin atm in my community and it seems that many people are really interested to use and buy bitcoins.   

That's a good news there, adoptions are being seen coming from transactions that has been done daily, more businesses and individuals are been
attached with crypto process, after some time we will see massive that will bring this system to be more useful from daily transactions that will
be process from each countries who already cater bitcoin/crypto.

I am sure we will see the transaction will bigger than now because of the adoption process continue. We can hope that soon, many people will know about bitcoin and they will use bitcoin too. But yes, we need to give time for bitcoin itself to introduce in everywhere so many more people will come to bitcoin world especially if they can see the opportunity that bitcoin can give to them.

[Halmater]

Adoption of Bitcoin in payment or money transfer in traditional markets is a very complicated issue and needs to be tailored for each area. In addition, legal regulations need to be established. Of course, the issue of taxation is also a matter of contention. For many reasons such as these, slow progress is made in the adoption of bitcoin, but I think that this issue will be completely resolved within a considerable period of time.

[cizatext]

Bitcoin adoption have not come to a standstill and if you take your time to note the number of transactions being carried out on the bitcoin network you will discover that the level of bitcoin adoption is on the increase and at that the price may be on the decline but even at that bitcoin is still the first choice when it comes to making online payments.

[tenakha]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

I agree with you completely. The developments regarding the adoption of Bitcoin have been increasing everyday. After I do not think that going against it can be easy and these developments are a sign that we will get what we want. In course of time, the status will reach higher level as people understand.

[serjent05]

I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

It is true. Not only that bitcoin is a cheaper alternative to credit cards but bitcoin is also a good thing to those who do not have credit cards at all. If only there will be more and more markets or merchants that would agree to accept bitcoin as a mean of payment, it could indeed open a door to a wider adoption of bitcoin but I think merchants are afraid to trust bitcoin on this matter.

[blueteam09]

Merchant/mass adoption will most likely happen when some cryptocurrencies are imposed by the authorities on the masses,-more like what Facebook is trying to do with its proposd stablecoin. Adoption won't happen naturally in this case. There is currently no incentive to attract people to cryptocurrency.

Accepting anything from the government brings great risks to the level of influence. Stablecoin has the same stability as USD, but this will not attract investors because it is difficult to make a profit. Venture investors don't have anyone interested in stable coin because it's like shit.

[reality18]

Bitcoin has come this far and its growth in terms of adoption is apparently incredible now as compared to some few years back. However, the growth seems to have slowed down and this is largely due to the long bear market. People and investors are now waiting for the signal of the bull market before they jump in the scene again.
For Bitcoin to meet mass adoption and achieve most of its goals, developers of games, and other relevant apps who are cryptocurrency enthusiasts must integrate it as the major payment method because the online gaming industry is fabulously growing.

[Peashooter]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

Until there is no progress in the price of bitcoin and even the market are now down. But, now there are progress in adopting just like what I hear in the Philippines where there a bank who will launch cryptocurrecy ATM. So because of this the demand of cryptocurrencies will might increase and the market will start to rise again.

[jrrsparkles]

The number of unconfirmed bitcoin transactions were increased comparing to the previous month which descibes that people are interested in bitcoin still so nothing to worry about the adoption for now,it will happen when we meet the bull run.Lot of negative news from the media about crypto currencies can lesser the growth but they neve can affect in the longer term.

[Oceat]

The number of unconfirmed bitcoin transactions were increased comparing to the previous month which descibes that people are interested in bitcoin still so nothing to worry about the adoption for now,it will happen when we meet the bull run.Lot of negative news from the media about crypto currencies can lesser the growth but they neve can affect in the longer term.

I don't think the number of unconfirmed transactions was increasing from the previous year like last 2017 where a lot of people are suffering from the days of delays or even weeks per transactions. As what i have seen in the chart it seems that it is gradually increasing after the bull run yet bouncing back and forth. This just means that there are lots of progress in the adoption of Bitcoin.

https://www.blockchain.com/charts/n-transactions

[teejayrichard2]

i totally agree with your idea, we need massive adoption for bitcoin now in other for us to see it grow. if merchants should adopt its use and offer customers some discount if they trade with bitcoin, it will make bitcoin greatly adopted for use by so many people. This is a step we all should take and let everyone in.

[Bitfling]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

Until there is no progress in the price of bitcoin and even the market are now down. But, now there are progress in adopting just like what I hear in the Philippines where there a bank who will launch cryptocurrecy ATM. So because of this the demand of cryptocurrencies will might increase and the market will start to rise again.

We can not force merchant to accept bitcoin as payment, its depend on government regulation. Merchant will accept bitcoin if government regulate bitcoin. Adoption will happen step by step and not too fast because bitcoin is decentralized cryptocurrency.
I am glad that philipines will have their own bitcoin ATM and hopely this make people more have knowledge about bitcoin and crypto

[reality18]

I have strong hope that eventually Bitcoin and cryptocurrency will grow incredibly massive in its adoption. Day after day, new people get to know about cryptocurrency and as the technology gets refined with more developments, the patronage will gradually increase irrespective of the resistance it may meet along the way.

[shesheboy]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

Until there is no progress in the price of bitcoin and even the market are now down. But, now there are progress in adopting just like what I hear in the Philippines where there a bank who will launch cryptocurrecy ATM. So because of this the demand of cryptocurrencies will might increase and the market will start to rise again.

We can not force merchant to accept bitcoin as payment, its depend on government regulation. Merchant will accept bitcoin if government regulate bitcoin. Adoption will happen step by step and not too fast because bitcoin is decentralized cryptocurrency.
I am glad that philipines will have their own bitcoin ATM and hopely this make people more have knowledge about bitcoin and crypto

Thats good to know that many countries are now slowly adopting cryptos . whats even gooder is that they are now building bitcoin powered atm's for more easier trades  . btw ive seen alot of merchants online that are now accepting crypto as a source of payment and they didnt care at all even if cryptos are not centralize or regulated because they knew that cryptos are too useful and can boom in the future . thats why its good if they are first to suport it because their costumers can easily trust them in the future .

[iMark]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

I agree with you completely. The developments regarding the adoption of Bitcoin have been increasing everyday. After I do not think that going against it can be easy and these developments are a sign that we will get what we want. In course of time, the status will reach higher level as people understand.

if the development of bitcoin progresses every day, why the price of bitcoin  doesn't see a progress? is it there a correspondence and relation between the development of bitcoin adoption and the prices that occur on the market right?

[BTMBitcoinVN]

Bitcoin needs that one killer app to bring in new users.  Look at how many of these video games gets hundreds of millions of users per month.  If some revolutionary service or game only takes BTC as payment that would be groundbreaking.

What's the chance any of the major companies doing this? Just imagine the loss in revenue from the potential users that will refuse to adapt.

[ethereumhunter]

Bitcoin needs that one killer app to bring in new users.  Look at how many of these video games gets hundreds of millions of users per month.  If some revolutionary service or game only takes BTC as payment that would be groundbreaking.

What's the chance any of the major companies doing this? Just imagine the loss in revenue from the potential users that will refuse to adapt.

Don't worry, they will learn from the loss, and they will know how to solve or recover the losses. The new people who come to bitcoin will see the new opportunity for using bitcoin and not only to spend bitcoin itself, but also to save more and more bitcoin. I think the adoption progress continue and when the time comes, we will see many people will use bitcoin and not just for the payment method.

[Burogh]

Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

I agree with you completely. The developments regarding the adoption of Bitcoin have been increasing everyday. After I do not think that going against it can be easy and these developments are a sign that we will get what we want. In course of time, the status will reach higher level as people understand.

if the development of bitcoin progresses every day, why the price of bitcoin  doesn't see a progress? is it there a correspondence and relation between the development of bitcoin adoption and the prices that occur on the market right?

I dont see relation between bitcoin price and adoption on our life or merchant. The price always determined by demand and supply and i think its about market speculation. Adoption happen should not considering on the price but on the technology or functionality