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Author Topic: MASS ADOPTION OF BTC  (Read 894 times)
Kasabus
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September 11, 2019, 11:43:32 AM
 #101

Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."


What do you think guys? how many years do we need for all people using BTC?
it's possible but in my opinion, bitcoin is still in the process of acceptance and before it happens it will need a few more years

We never expect for the fast and punctual approach towards crypto. Yes, we witness how it gains popularity but we can't deny that still a lot of question behind. Crypto development still ongoing and have to spread widely but the sad note is that many of us aren't able to enjoy it since some countries are opposing crypto and more worst they banned crypto totally.

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September 11, 2019, 04:15:33 PM
 #102

Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."


What do you think guys? how many years do we need for all people using BTC?

We are moving in the right decision, everything you need to know about Bitcoin is here on the internet and especially on Youtube, in fact I have one guy asking me when I login in the internet cafe asking what is this Bitcoin, because there were a lot of commercial or ads about Bitcoin, everywhere in Youtube and on the internet.

I told him to just use the computer in front of him and Google what is Bitcoin, I was so busy then but I ask him to bookmark some important Bitcoin sites to gain more information about Bitcoin, I'm pretty sure more and more people are going to ask about Bitcoin.

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September 11, 2019, 05:17:14 PM
 #103

Nobody can say with absolute certainty when this will happen but for as long as btc still exist, mass adoption will definately come, people will most likely use btc to transact, in the main time btc is taking one step at a time to achieve mass adoption, everyday we hear news of different company accepting btc, that's a sign of what will come in future.
I think the only thing that can pave way for mass adoption is when government approves the use of cryptocurrency generally which I know that in doing so, they will be specific on the coin that would really be supported, and when it comes to the most reliable coin that even government would always be in support of, it would be bitcoin.

It is when bitcoin is being pronounced legal that we can see mass adoption, and that is why there is need for the government to really be encouraged about the use of cryptocurrency, but unfortunately, scammers are sending a wring signal to the government, and some of them rather than seeing bitcoin as a proposed global currency, they are seeing it as scam, but I know that their perspective view of it will change one day and they will see the true picture of bitcoin and what it is.
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September 11, 2019, 06:59:29 PM
 #104

Nobody can say with absolute certainty when this will happen but for as long as btc still exist, mass adoption will definately come, people will most likely use btc to transact, in the main time btc is taking one step at a time to achieve mass adoption, everyday we hear news of different company accepting btc, that's a sign of what will come in future.
I think the only thing that can pave way for mass adoption is when government approves the use of cryptocurrency generally which I know that in doing so, they will be specific on the coin that would really be supported, and when it comes to the most reliable coin that even government would always be in support of, it would be bitcoin.

It is when bitcoin is being pronounced legal that we can see mass adoption, and that is why there is need for the government to really be encouraged about the use of cryptocurrency, but unfortunately, scammers are sending a wring signal to the government, and some of them rather than seeing bitcoin as a proposed global currency, they are seeing it as scam, but I know that their perspective view of it will change one day and they will see the true picture of bitcoin and what it is.

I think that everyone understands that a full adoption and legalization of Bitcoin will never be never accepted among all countries. We can count on 50% of positive decision about BTC of all countries but 100% will never be
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September 11, 2019, 08:40:07 PM
 #105

The application of Bitcoin to be know and be use worldwide, there will be much development on the technology before this will happen. The current status of cryptocurrency and Bitcoin has not been seen as the type that will give worldwide adoption we need, but the future of the industry will surely give mass adoption someday where bitcoin will be use with almost everything around us. We have seen  what 10, years have brought us, and another will give more adoption than the present.

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September 11, 2019, 09:02:27 PM
 #106

No one knows how many years it is going to take for people to completely adopt bitcoin or other crypto currencies. In fact, crypto currencies might become absurd if something better comes out and replaces it. But I can assure you, we are slowly adopting bitcoin and the usage of crypto currencies. Look at how many online shops are popping up that accepts bitcoin. See how people are using the blockchain technology to develop new project which are helping us in numerous ways. The process of adoption is slow but noteworthy.

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September 11, 2019, 09:55:51 PM
 #107

I think that in 2020 the number of people involved in crypto should grow significantly. I look from my own experience and see that over the past few years an incredible number of people have learned about crypto due to popularization in everyday life. In my opinion MASS ADOPTION OF BTC will become in 5 years
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September 11, 2019, 11:10:43 PM
 #108

What do you think guys? how many years do we need for all people using BTC?

Looking at the current state of technology in the world's ecosystem,  its gonna take a while before Bitcoin will becomes a mainstream digital currency for mass adoption. It can be estimated that about 5% of the world's population is aware of the existence of Bitcoin and in order for mass adoption, the remaining 95% needs to be aware of it for mass adoption.
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September 12, 2019, 02:06:32 AM
 #109

I think everyone talks about mass adoption and when it's going to happen. But lest we forgot, before we can go on that state, I believed that regulations should be put in the first place before people starts to use bitcoin around the world.

So far regulations is too gray and bleak at this point. Definitely, financial governing bodies have discussed it in this years G20 summit meeting. But without clear and concise regulatory framework this innovation might take years to take out and be recognize.

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September 12, 2019, 03:26:57 AM
 #110

Yeah yeah, everyone will eventually get into the game and I think it's already happening. People have been using Bitcoin at a very good rate of late so I think the adoption is currently on its way happening. I believe since the number of Bitcoin users keep on growing each year, we'll get to the mass adoption stage one day.
Gradually, Bitcoin will meet the mainstream adoption and there is clear indication looking at the yearly report on Bitcoin adoption every year since its inception. Now Bitcoin has dominated the crypto market to about 70% and this shows how popular Bitcoin has become. It has now become the crypto spectacle to all investors.

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September 12, 2019, 06:35:50 AM
 #111

What do you think guys? how many years do we need for all people using BTC?
We just cannot say how many years exactly. It would be more of "it will take more time" before people, if not all, at least most of the population, will use cryptocurrencies. Though it is now somehow evident that there are already a number of people from all across the world who are using cryptos, there is still a lot to work on. I mean, the mass adoption of crypto still have a long road to take.

But, I think we can see positive news regarding crypto because there are more and more establishments which consider cryptocurrencies, especially btc, as a mode of payment for their services. If this continues, then our wait will soon be over for crypto's mass adoption.

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September 12, 2019, 06:43:27 AM
 #112

We need to wait for Bitcoin to return to the $ 20,000 price level. Because that will create a new trending and we will know how much influence Bitcoin has. If Bitcoin can make a more significant impact than 2017, I believe that after 5 years Bitcoin can be popular worldwide.

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September 12, 2019, 06:46:56 AM
 #113

We need to wait for Bitcoin to return to the $ 20,000 price level. Because that will create a new trending and we will know how much influence Bitcoin has. If Bitcoin can make a more significant impact than 2017, I believe that after 5 years Bitcoin can be popular worldwide.
I was also thinking it will bring positive energy in the market, reaching that price means BTC will have to make a new ATH and the market might be very lively that time since possible FOMO might also be created.

The question now is, when are we going to see that $20,000, this year we are already lucky BTC rise back to $10,000 so it's too much to expect a new ATH this year since we just started at $3K+ this year. $10,000 is a major recovery already but of course we cannot underestimate BTC, it could rise anytime that we will not see it coming.

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September 12, 2019, 08:46:17 AM
 #114

I'm sure it takes its time to mass adopt such an innovation
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