Adoption! Finally?

[betty11]

Yes bitcoin is been adopted by tech companies, this will attract partnership with other companies in the future. Really, everyone wants to make a progressive profit and stay in business. If the current world economic must move faster and save operating cost, there is s need for our financial transactions to adopt cryptocurrency. 

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[Mpamaegbu]

We (myself included) are just being overtly optimistic with this idea of mass adoption for Bitcoin. I would think that nothing much has really changed with Bitcoin since last year. Price is still on a downward slide. One or two positive comments or reviews on Bitcoin doesn't really mean anything much. The way I see it this day, it's analogous to what happens with XRP - so much positive reviews, yet price isn't still encouraging.

[AppliedOptimal]

Well, then there is Sephora, Decathlon and many others joining the Bitcoin adoption movement.
According to this tweet major merchants in France will accept bitcoin in 2020!!! The news source says that this will be 25,000 retailers in total, and could be more.
If this does not help adoption, I don't know what will.

[BitHodler]

We (myself included) are just being overtly optimistic with this idea of mass adoption for Bitcoin. I would think that nothing much has really changed with Bitcoin since last year.

You're absolutely right there. Bitcoin's fundamentals haven't improved much, and the "mass" adoption of Bitcoin in shaky countries such as Venezuela people are talking about isn't of any significance either.

The value of the Bolivar has gone down so much that while the volumes as per the Bolivar standard has gone up considerably, but the actual US Dollar value of the volumes are consistently going down.

People have been generously rewarded this year with the bull run that peaked at $13.8k, which honestly speaking, came as a total surprise to me. My main target was $6k, while a lot people expected even lower levels....

[nicecrypto]

Now btc is given new and old user an opportunity to buy the dip, with btc you can't go wrong, we already seeing all the good news keep rolling in every time about big companies gradually accepting btc, bakkt just lunch 2 days ago for institutional investors,  Watford club has taken the bold step of showing off with btc logo on their Jersey and there are more such good news, more news will keep coming, btc is evolving.

[1Referee]

The way I see it this day, it's analogous to what happens with XRP - so much positive reviews, yet price isn't still encouraging.

Ripple the company has been doing quite well, but that's mainly the result of businesses using their xCurrent product, which they don't need XRP for.

Another thing is that Ripple has been selling insane amounts of XRP to entities well under the spot price, but with a contractual agreement that only X percentage of tokens can be sold annually. It translates into a constant flow of selling pressure, and while dozens of entities are only able to sell a small percentage, combined, the small percentages add up to a large percentage, hence the price that keeps going down.

In the end, Ripple is doing what pre-mine altcoin schemes have been doing for years, which is to dump their bags. Shouldn't be too surprising. 

[Duzter]

Adoption of technology has been found much than the adoption of bitcoin. We often get to know more and more marketplace accepting bitcoin into their businesses. Here the small business enterprises get paid directly in terms of bitcoin which contribute to a very small volume. Apart from this there is large scale business networks and chained networks accepting bitcoin. Those were happening through third party services. This is no big thing and it isn't perfect adoption of bitcoin. This will change as people have belief over technology but haven't used to a virtual asset.

[Questat]

These can make people be more optimistic about the adoption of Bitcoin but it is not that easy I am afraid. We see promising and concrete steps that were taken. Though beating the current system is too hard right now.

They will recognize cryptocurrency soon but don’t be afraid with the current situation of the market because it will stand up again and make the believers proud with bitcoin. The adoption is our last hope, we need more investors and be confident that it will happen next year.

Hopes or Hopeless?
It gives hopes to those who really believe in crypto but it seems to be hopeless to those in doubt.
We've been struggling with these difficulties since last year and quite to say that many had been quitting and have bad claims towards crypto. I'd find out that investors will have a big role in crypto development, they are the one who makes this thing alive.

[peter0425]

IMO holding bitcoin 100% counts as adoption.

You're buying and holding an asset you think will appreciate due to it's qualities. You don't need to be trading or buying with it to count towards the "adoption metric".

Exactly!!! So with all that being said in the end it’s HODL still the answer for Adoption

Whatever they said and done I will still Hold my coins till I reached my desired amount

[Bitcoin Seller]

Especially when big companies start making use of btc to pay staff salaries or buy company goods or services with btc then the real adoption would be taken place, for the btc awareness is gradually increasing, more will come as time passes, I think satoshi will agree with what btc have achieved so far.

Bitcoin will be finally adopted and accepted globally. Here is the latest news. According to information from France, there comes a surge in support for the use of BTC for different payments. Thirty brands and more than 25,000 stores will be able to accept BTC from users in the first quarter of 2020. This step will greatly facilitate the adoption of cryptocurrencies for many well-known brands.

[HarmonyA]

Bitcoin adoption is in process. The digital asset should be properly checked because we can out of greed be pushing for mass adoption while the poor masses suffer. Accepting a currency that is too volatile requires a lineal measure. Other Crypto assets should be backed in other for the market to be competitive. Just as we have in fiat (USD, EURO, Pounds etc). One particular currency shouldn't be dominant less we have an 'enslaved financial flow system'.

[Saint-loup]

We have lately been seeing a lot of big names dipping their fingers into the sweet profitable sauce through Bitcoin's variations and tasting it nicely these days. Names coming out are some of the highly used apps in terms of daily consumption of data through their customers over these apps:

- Japan's Messaging giant Line launches an in-built crypto exchange for their 80M userbase.

https://www.coindesk.com/line-officially-launches-crypto-exchange-for-80-million-users-in-japan

- Telegram raised $1.7 billion for its TON token development and released code recently as well as Coinbase is considering on adding it to their exchange.

https://www.coindesk.com/telegram-finally-releases-code-for-its-1-7-billion-ton-blockchain

- Japan's Retail Giant, also known as the "Amazon of Japan", Rakuten has officially launched a crypto exchange where they have now allowed spot trading services to their 850M customers.

https://cointelegraph.com/news/japans-retail-giant-rakuten-officially-launches-crypto-exchange/

And many more...

Source:
https://news.bitcoin.com/apps-gone-crypto-popular-apps-are-adding-crypto-capabilities/

Still need anything more to believe that Bitcoin is actually being adopted worldwide and everyone has now started taking advantage of this old-yet-highly addictive global cryptocurrency (asset) already?

Finally, something great is gonna come to us, Bitcoiners.

You forgot the korean messaging giant Kakaotalk and its cryptocurrency KLAY, the other messaging service Keybase with XLM and Samsung with its half-hard wallets on its new phones.

[Artemis3]

You forgot the korean messaging giant Kakaotalk and its cryptocurrency KLAY, the other messaging service Keybase with XLM and Samsung with its half-hard wallets on its new phones.

This is not Bitcoin adoption but altcoin adoption, It is useless if they only use their own coin within their apps.

Why not have each company issue their own altcoin then? Exchanging will be lots of fun!

[Saint-loup]

You forgot the korean messaging giant Kakaotalk and its cryptocurrency KLAY, the other messaging service Keybase with XLM and Samsung with its half-hard wallets on its new phones.

This is not Bitcoin adoption but altcoin adoption, It is useless if they only use their own coin within their apps.

Why not have each company issue their own altcoin then? Exchanging will be lots of fun!

It's useless for who or what? I don't understand what you mean.
The announcement of Libra made the price of Bitcoin pump, because it was considered as a big news for cryptocurrencies adoption in general.
Moreover, OP talked about TON and telegram, so he seems to think in the same way.

[minersday]

The adoption of cryptocurrency into the mainstream financial transactions will gradually happen but it might take a long time. Japan has been one of the countries that seem to understand the main ideology of Bitcoin and cryptocurrency in general. I'm not surprise at the level of adoption in Japan. 

[coin-investor]

We have lately been seeing a lot of big names dipping their fingers into the sweet profitable sauce through Bitcoin's variations and tasting it nicely these days. Names coming out are some of the highly used apps in terms of daily consumption of data through their customers over these apps:

- Japan's Messaging giant Line launches an in-built crypto exchange for their 80M userbase.

https://www.coindesk.com/line-officially-launches-crypto-exchange-for-80-million-users-in-japan

- Telegram raised $1.7 billion for its TON token development and released code recently as well as Coinbase is considering on adding it to their exchange.

https://www.coindesk.com/telegram-finally-releases-code-for-its-1-7-billion-ton-blockchain

- Japan's Retail Giant, also known as the "Amazon of Japan", Rakuten has officially launched a crypto exchange where they have now allowed spot trading services to their 850M customers.

https://cointelegraph.com/news/japans-retail-giant-rakuten-officially-launches-crypto-exchange/

And many more...

Source:
https://news.bitcoin.com/apps-gone-crypto-popular-apps-are-adding-crypto-capabilities/

Still need anything more to believe that Bitcoin is actually being adopted worldwide and everyone has now started taking advantage of this old-yet-highly addictive global cryptocurrency (asset) already?

Finally, something great is gonna come to us, Bitcoiners.

We have been on the adoption mode since 2017, when Bitcoin hit an alltime high but back then people are adopting Bitcoin because of yield in investing, but now it's a different scenario companies and countries are adopting it because of its resiliency, we are past the bubble stage and if you will not get in past, you lose some of the market shares and profits.

We are reading the news coming from big companies but there are also small companies adopting it, that are not landing on big media
it's a cumulative action on every sector.

[joromz1226]

In our generation now, bitcoin has been adopted in different big companies that are related into technology, and most of the merchants also adopted it too. And most of countries also regulate the blockchain technology and being registered too. Now I review on the articles you mentioned in the first page, I just noticed that all of it was referring to crypto directly but not in bitcoin itself in my observation.

[tippytoes]

It would only be a matter of time before everyone finally accept Bitcoin as a payment method.
Every year more and more people,company or business are accepting cryptoas a payment so for me we are near on being able to use it as a regular currency,
Since crypto made a huge noise back in 2017 we are seeing some big names entering crypto industry promoting it.
The only question here is do you see it as a currency for payment or just a stock for investment?

For me, I am in crypto for both reasons. Sometimes I used crypto for payment online and at the same time I see it as an investment because as much as possible, I don't want to spend my bitcoin to unnecessary things. But I guess, we will find more users to be in the investment side. Because of its volatility, a lot are hoping that it will jump to a higher level to get their profit as much as possible. But with big companies establishing their own currencies, it means they do believe on the capability of blockchain technology. That is a big plus in the crypto business because we will gain more credibility and exposure because of these giant institutions.

[shoreno]

I review on the articles you mentioned in the first page, I just noticed that all of it was referring to crypto directly but not in bitcoin itself in my observation.

bitcoin is also a crypto  . its already understood that when they say crypto or use crypto they are also refering to btc's   . bitcoin is also the main crypto and if ever there are store and merchants that will support crypto , bitcoin is probably the first one that they will use  . when it comes to adoption  ,adoption is already started even before when bitcoin got boomed  .  many sites , gambling sites , online shopping sites , and other offline stores are now accepting crypto and btc payments so its not really new at all to see news like this  .

[Youghoor]

In as much that some countries are showing massive acceptance and usage for  Bitcoin and some cryptocurrencies, it does not significantly present massive adoption in the entire world. Its gonna take a long period of time for people to really adopt to the use of cryptocurrencies in their daily business transactions. This is due to the fact that just a hand full of people in the world are aware of cryptocurrency and to even think of using them as a medium to trade for goods and services.