In what way bitcoin gets increased usage?

[adaseb]

I think in the early days its usage increased might of been due to the darknet markets but these days its usage increased exponentially by a investment and speculation asset.

Most people who invested in crypto in 2017 did it purely to "get rich" and didn't do it for the technology. They basically saw that Bitcoin was $1000 one day and next month it was $2000 and next week it was $3000 and then $4000 and so on... so fear of missing out turned in and they opened a coinbase account because they wanted to get rich and sell at $1 million a coin. This is why it spiked up to $20000 very quickly because the entire supply dried out for a few weeks and there was crazy demand. And this is why Bitcoin was on the news and got most people talking about it.

[Japinat]

I'm choosing gambling because I am here because of gambling and I believe fiat gamblers will find crypto gambling sites a good site to gamble.
At the current state, crypto gambling sites attracts a lot of gamblers since there is no regulation yet and we can easily play even without KYC.

When the market is not fully regulated yet, crypto will become a safe haven for gamblers who like to bypass the restrictions in their country and although I don't have the complete data, but I believe gambling is one major reason why crypto is growing.

[asajapheth]

There are always changes when bitcoin is involved. All the options you mentioned are factors that could influence the usage of BTC. I think centralised exchanges play a much bigger role now. If the trading volume is increasing in these exchanges, then new developers would be interested in incorporating BTC into their products.

[BestBitcoinBuyers]

Second layers and side chains that work with bitcoin for payments like Lightning Network and Liquid

Once we have 10-15 different options (with different trade offs) for using bitcoin and money, it's going to increase adoption 10X

[figmentofmyass]

Can I pick door #3?

What I think would push the price up is something else that bitcoin is not being used for. But I don't know what that is.

ah, the proverbial killer app? i've been hearing about this theory since i arrived in 2013 and i'm getting skeptical there is one. bitcoin is already the best form of money yet---we're talking on the scale of gold and fiat money. do we really need anything more?

[NavI_027]

Hmm, I think it might be gambling or trading (for me, investment already fall under this) are the fields where btc usage was greatly increased. I say so because I recently noticed that new gambling sites are sprouting more often than before. Have a look in Gamblimg Section and you'll see what I mean . Furthermore, we can't also deny that exchanges also play a huge role to crypto adoption because they serve as the bridge between traders (whether aspiring, new or old) and the market itself.
 
But on the other hand, I don't think dark web will be the first on the list because btc is not now the only crypto used in here, Monero is now starting to make its name in this illicit industry.

[Red-Apple]

why not all of the above?
bitcoin is growing in all fronts and all of them contribute to its adoption and the increased usage of it not just one. maybe in some fronts the usage is going to be more (like online payments that require more privacy such as paying for VPN subscription) but others still exist and contribute.

[antisocial77]

I wish all options become available soon but if people see bitcoin as an investment, that make bitcoin valuable in the first place.for now credit cards do their job perfect.so i didnt mark that option.

[iMark]

why not all of the above?
bitcoin is growing in all fronts and all of them contribute to its adoption and the increased usage of it not just one. maybe in some fronts the usage is going to be more (like online payments that require more privacy such as paying for VPN subscription) but others still exist and contribute.

Indeed, bitcoin is widely used in all aspect but the use of bitcoin is more dominant on investment only. although basically the use of bitcoin is for currency and payment methods. but bitcoin is more famous as investment and commodity only. maybe it's about the adoption of merchants that are still limited so that the use of bitcoin is more inclined or increased to investment.

[BrewMaster]

Can I pick door #3?

What I think would push the price up is something else that bitcoin is not being used for. But I don't know what that is.

ah, the proverbial killer app? i've been hearing about this theory since i arrived in 2013 and i'm getting skeptical there is one. bitcoin is already the best form of money yet---we're talking on the scale of gold and fiat money. do we really need anything more?

the "killer app" in my opinion doesn't have to be something really big and game changing. it can be pretty simple too. for example simply improving the user experience with wallets and easing the newcomers way in using bitcoin can really change a lot.

[BitValve]

For now most people will see it as an Investment, or "store of value". But what we really hope, is for people to see it as Alternate currency/payment method!

[rdluffy]

It's hard to define common people, am I common people or not?

But for the most people I think they want a lot of places accepting BTC as a currency, but these people wants to have BTC as investment too 
In my opinion, it's hard to get these 2, because as investment it's intereseting to have price fluctuations, and as payment, this is not good

[Capt00]

It's hard to define common people, am I common people or not?

You're the only one could answer that one. We never know about you, unless..

But for the most people I think they want a lot of places accepting BTC as a currency, but these people wants to have BTC as investment too  
In my opinion, it's hard to get these 2, because as investment it's intereseting to have price fluctuations, and as payment, this is not good

People never consider this crypto purely as a currency but instead, they consider this an investment. It came into like this just because not all establishment accepting cryptos until now and even me. Neither we like it or not, the situation will remain like this if the government won't support these.

[audaciousbeing]

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

If its going to be used by common people, the best way is to use it as a medium of exchange and that is when the usage will be on the high side. Other than that, its not achievable and the reason is that the option of investment is a faulty because a lot of people are risk averse and unless returns can be guaranteed, this is not an option to consider. The same thing applies to trading. Gambling on the other hand comes with its own detriment which is the default attitude a lot of people have towards the activity. So the suggestion is all efforts should be geared towards the use of bitcoin for daily activities as that is what can move the penetration deeper.

[nankers]

I think for now bitcoin growth in many ways. Investment, Gambling asset, Trading asset, Alternate payment, Darkweb source and many other maybe bring affect the development of bitcoin. But in my opinion, i think new regulations or actions from banks and the government greatly influenced the growth of bitcoin

[mk4]

Ill vote for all options rather than Darkweb usage. Only few people can access darkweb in the first place and also not all people wanted to commit crime using bitcoins. This would be the last thing people would do with it.

Just to clear things up a bit, when a person bought something through the darknet markets, it doesn't automatically make it a crime. While drugs and other illegal stuff are being sold there, it still completely depends on what the person is purchasing. I'm quite sure it wouldn't be a criminal offense to purchase a small bag of coffee beans on the darknet markets. There's nothing wrong with wanting to be anonymous(depending on the reason).

[carter34]

For the non experts and the less tech people, those that you called common people, I think their common usage of bitcoin would be for purposes of alternative payment and gambling. Those set of people who don't know other benefit of bitcoin would favour the payment alternative more and would not like to invest as asset for the fear of losing their money.

[yazher]

The way we are making it public to the other people and to educate them about it and not to miss to tell them the benefits of owning it like holding it for long. in these ways, we can really make them invest in bitcoin and effectively increased the usage of bitcoin and at the same time, the price will increase too.

But now the very important matter is we need to educate thse people who only see bitcoins as a bad investment scam so that they will know that they are not thinking the right thing and to clarify some misconceptions about bitcoin.

[rahmatullah9305]

It is well known about the Bitcoin and cryptocurrency markets that they fluctuate and are very unpredictable, each moving independently of most of the traditional indicators commonly used. bitcoin Still has a high appeal. If you want to invest bitcoin in a short amount of time, investors can make purchases from now on. When the price is reapproved at US $ 13,000 per BTC, investors can start taking profits.

[ralle14]

Mostly from investments and trading if I have a second option to vote in the poll but they're the same anyway. I also agree with the other replies all of it are increasing but the one that stands out more for me is what I voted because people always talk about the price of bitcoin and when that happens people would start to speculate on trades from certain exchanges. Gambling is probably the next activity because of bitcoin gambling sites not having KYC.