the reason bitcoin could fail is that only nerds and drug dealers use it .. the mom and pops around the world don't give a fuck
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
You are on to something. Bitcoin will only succeed if there is adoption by society. Right now, people seem satisfied with debit/credit cards, paypal, etc. People don't see why they should change what they are currently using and move to Bitcoin, especially since Bitcoin continues to fall in value.
In theory, this would seem to be the case. But in reality, the bigger corporate adoption = a shitload more coins being dumped into the market daily from companies instantly cashing in their btc's and not wanting to risk losing their ass from price volatility.
In essence, bitcoin is flawed and doomed because of this. It's a catch 22, really. Bitcoin was a novel idea with great 'idealistic' virtues which would work perfectly in a PERFECT world. Unfortunately, some things just work out better on paper than in practice.
Bitcoin is now really only a haven for neckbeards, fraudsters, and investors/shorters/flippers. And usually when you see a forum reply, you know who falls into which of the above categories.