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Author Topic: The Bitcoin adoption isn't stopping  (Read 315 times)
oktana (OP)
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February 11, 2021, 10:39:40 AM
 #1

Anyone seen the article by MasterCard? Nothing give me more inspiration like the intro - "Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world."

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."

I feel pleased to see how unstoppable Bitcoin becomes on a daily basis. As I once said, the chances of Bitcoin going down reduces every single day. More investors, More adoption, More users.... And so on.
This year will be great for Bitcoin! We think last year was the best? Didn't you read the new about Tesla?!
Looking forward to more big companies adopting Bitcoin.

Read: https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/



 

 

 

 

 

 


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February 11, 2021, 10:59:28 AM
 #2

Right, when Paypal join crypto, just a matter of time before Visa or Mastercard rushing and preparing their infrastructure for a massive upgrade to cover bitcoin and other crypto as another payment method.

Although bitcoin is really growing, doesn't mean that it will not go down. It is still one of the best investments but at the risk is still there. But this is welcoming news indeed, but the biggest news is still Elon Musk and Tesla investing into bitcoin.

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February 11, 2021, 11:07:38 AM
 #3

The best is yet to come. We're very overwhelmed with the adoption that was just announced and it's not the final thing to see, there's still some good news in store for bitcoin and for the cryptocurrencies in general.

Those rumors are becoming real. Once Mastercard has already adopted bitcoin, we will see the reaction of other big companies that are still in doubt about accepting and adopting bitcoin. There's this now the Tesla domino effect.

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February 11, 2021, 11:19:31 AM
 #4

Well I guess it's enough to say Bitcoin adoption isn't stopping since. As you notice every year Bitcoin was gradually increasing its value even before the 2017 ATH and 2021 ATH.
This year is different because big investors like institution and billionaires realized how Bitcoin was so successful and it's continued adoption and popularity.

R


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oktana (OP)
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February 11, 2021, 11:20:15 AM
 #5

Although bitcoin is really growing, doesn't mean that it will not go down. It is still one of the best investments but at the risk is still there.

No doubts that there's risk. But the risk keeps on reducing as more investors and users troop in. The more it has value(I do not mean price value though), the less risky it is.



 

 

 

 

 

 


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February 11, 2021, 11:27:30 AM
 #6

Adoption has just begun that is why we are going to expect something great to come very soon. This kind of news makes doubtful individual to make a move and invest. Investors keep on rising every single day same with the adoption.


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February 11, 2021, 11:47:16 AM
 #7

But if the adoption was with a payment platform, it wouldn't make the bitcoin market any better. good, because bitcoin will probably be even more functional as an online payment, but the percentage increase in the market may not be this big.

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February 11, 2021, 11:52:47 AM
 #8

Well I guess it's enough to say Bitcoin adoption isn't stopping since. As you notice every year Bitcoin was gradually increasing its value even before the 2017 ATH and 2021 ATH.
This year is different because big investors like institution and billionaires realized how Bitcoin was so successful and it's continued adoption and popularity.

Bitcoin adoption really don't stop even way back then, many people are adapting the bitcoin and cryptocurrency because they see that there are so many famous people who is using and investing on bitcoin just like for example Elon Musk who is the richest man in the world invest in bitcoin. Many people are starting to adopt this bitcoin due to many people are currently accepting it as an investment form. Soon billionaires and millionaires will invest in bitcoin and also will adopt it.



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March 29, 2021, 06:17:20 PM
 #9

The adoption Bitcoin  and altcoins is getting wider by the day. Institution and financial bodies are gradually getting on board. I think, Cryptocurrency have to stay.
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March 29, 2021, 07:59:24 PM
 #10

More trust = more acceptance.
Part of the development is the increasing acceptance of crypto money in business. It's still not that easy at the moment, but bitcoin shouldn't be a paycoin either. But more and more people are accepting BTC on the internet and in physical stores. Bitcoin and other cryptocurrencies have established themselves as investments, a trend that investors such as banks and companies are increasingly jumping on.

In Germany, more and more well-known companies are accepting Bitcoin as a means of payment. These include, for example, Lieferando, Microsoft and Greenpeace or gambling providers increasingly lure with online casino bonuses if you want to pay in Bitcoin.

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March 29, 2021, 08:15:35 PM
 #11

The adoption Bitcoin  and altcoins is getting wider by the day. Institution and financial bodies are gradually getting on board. I think, Cryptocurrency have to stay.
We are still a decade old but we have seen soo much difference when it comes to recognition and adoption which isnt really similar into those early years here on crypto.
It isnt really stopping and there's no doubt with that because we wont be reaching out these prices and entire market cap if we dont really make out some progress or development.
Sooner or later we would see more merchants and companies will really be integrating cryptocurrencies into their businesses even though it might not turns out to be in full
scale due to different government perceptions and views but at least there are still whom do really considering it out which is really a good news for us crypto supporters.

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March 29, 2021, 08:49:32 PM
 #12

I have always expected this kind of global wave in the digital currency world, the world is moving towards digital currency and it adoption by institutions and firms brought with it cryptocurrency mainstream usage. I believe the best is yet to come.
It will be best if many will start early, the moment thatI started to trust crypto especially bitcoin as an investment is already a best decision and maybe also to other users. As the community and users keeps on growing many will be inspire more to study and start investing seeing how many individuals changed life through its adoption. It will keep growing and growing as if it’s already normal to buy, trade and hold bitcoin as well cryptocurrency. Hopefully, it can be more o use in real life usage or atleast a easier access when like having more crypto atm that can be used when there’s a need for cashout.

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March 29, 2021, 09:03:08 PM
 #13

Anyone seen the article by MasterCard? Nothing give me more inspiration like the intro - "Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world."

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."

I feel pleased to see how unstoppable Bitcoin becomes on a daily basis. As I once said, the chances of Bitcoin going down reduces every single day. More investors, More adoption, More users.... And so on.
This year will be great for Bitcoin! We think last year was the best? Didn't you read the new about Tesla?!
Looking forward to more big companies adopting Bitcoin.

Read: https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/

It's great to see someone who actually shares my joy when I saw the news today. I am especially glad because this is coming from MasterCard, a renowned financial institution. I am glad that Mastercard have finally see the benefits of having control over one's money and the other numerous benefits bitcoin and other cryptocurrencies offer to us.
Believe me you, there will other companies that will follow suit. Mastercard has taken a giant leap  and several will follow in its footsteps. I am sure this will accelerate the adoption of bitcoin in the mainstream world

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March 29, 2021, 09:09:23 PM
 #14

Although bitcoin is really growing, doesn't mean that it will not go down. It is still one of the best investments but at the risk is still there.

No doubts that there's risk. But the risk keeps on reducing as more investors and users troop in. The more it has value(I do not mean price value though), the less risky it is.
Definitely, according to what Microstrategy investment said about bitcoin making it to the $10Tr there is  a possibility that it volatility will drop very minimal while some quarters said when it CMC reaches towards $100Tr then we can ruin out the issue of volatility and the risk level we see today won't exist IMO. Within these movement be rest assure that it price will always go sideways.  It adoption level wasn't as it was before the 2017, there is fast moving of this investment among institutional investors.

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March 29, 2021, 09:36:00 PM
 #15

More than 1 month and a half from this and what happened? Nothing?
I am glad to read such news but I am very sceptic about Mastercard. They were very anti-crypto, blocking every cent coming from Bitcoin then they announced that they will adopt it. Hmm we will see.

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March 29, 2021, 09:38:51 PM
 #16

I don't usually like to use market cap as a metric to judge progress, but Bitcoin became one of the fastest assets to reach a trillion dollars market cap, reflecting the trust people having on it and their willingness to buy regardless of the price changes; 11 years ago, investors were willing to pay $10 for 1 Bitcoin, today they'll pay $60k for that exact same Bitcoin.

There is a lot of room for improvement as we're still in the very early phases of adoption, there are a lot more retail and institutional investment that can get sucked up by Bitcoin.

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March 29, 2021, 09:42:04 PM
 #17

I have always expected this kind of global wave in the digital currency world, the world is moving towards digital currency and it adoption by institutions and firms brought with it cryptocurrency mainstream usage. I believe the best is yet to come.

True that. The best is yet to come for Bitcoin and the entire crypto space. I believe that even at the current user size and our current pace, it would take a couple more years before we get full adoption of cryptocurrencies. We are likely seeing the second wave of adoption that's why we see so many new firms and funds getting attracted to crypto. With time, we would see crypto being used at a global scale.

More trust = more acceptance.
Part of the development is the increasing acceptance of crypto money in business. It's still not that easy at the moment, but bitcoin shouldn't be a paycoin either. But more and more people are accepting BTC on the internet and in physical stores. Bitcoin and other cryptocurrencies have established themselves as investments, a trend that investors such as banks and companies are increasingly jumping on.

In Germany, more and more well-known companies are accepting Bitcoin as a means of payment. These include, for example, Lieferando, Microsoft and Greenpeace or gambling providers increasingly lure with online casino bonuses if you want to pay in Bitcoin.

Similarly, in Nigeria, Bitcoin is now used as a means of exchange for Quid Pro Quid deals. The fact that Bitcoin payments are borderless without those business days delays and middlemen regardless of transactions bottlenecks here and there. Soon, it won't be long now.

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March 29, 2021, 10:02:32 PM
 #18

No way it's stopping especially now that it has received more traction from the people of the internet. If anything the rate of it's adoption is so fast we can say it is viral at this point. Biggest contributor for such eventuality is of course it's current price which hasn't dropped severely after reaching 60k. Another is the active participation of a few personalities over the internet in letting people know about the wonders of bitcoin, with Elon spearheading such movement.
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March 29, 2021, 11:54:56 PM
 #19

No way it's stopping especially now that it has received more traction from the people of the internet.
Yes, the adoption will always continue and be unstoppable. Bitcoin didn't only attract random people on the internet, but it already attracted famous people in the world. This actually makes the adoption of Bitcoin be more massive. People should more trust Bitcoin if famous people like Elon Musk joining Bitcoin investment.

The investment of Elon Musk has made huge and positive impact on bitcoin which also help its value to keep on the rise. Not only that, big institutional investors are now investing in bitcoin so months or years from now, bitcoin usage will be more in demand to the people. Its adoption will never stop and will continue to upgrade until bitcoin price would come to its peak.

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March 30, 2021, 01:46:33 AM
 #20

This year has been the best Bitcoin year, not only this year Bitcoin reached the ATH price, but the Bitcoin adoption process has grown very rapidly.
It's no wonder that finally Visa and Mastercard who adopted Bitcoin followed Paypal, which first joined cryptocurrency. Especially now that Tesla is
not only investing in Bitcoin but accepting Bitcoin payments as well. So Bitcoin adoption will not stop, but it will continue to advance more faster.

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