Quote from: Wind_FURY on November 30, 2016, 02:37:54 AM

Quote from: Dafar on November 29, 2016, 04:57:25 AM

Quote from: buwaytress on November 29, 2016, 04:32:45 AM

Quote from: chesthing on November 21, 2016, 01:42:50 AM

Quote from: The Pharmacist on November 21, 2016, 01:20:25 AM

Eh, I'll believe it when I see it. I do think something along these lines is coming, but none of us knows when or to what extent adoption is going to rise. Having hope and really bullish thoughts doesn't really help anyone, and that sort of thing can be detrimental to your wallet.

People need a real reason to use bitcoin over fiat, and so far I haven't seen really compelling reasons. That's heresy, I know, but to me bitcoin works much better as an investment tool and store of value than as a currency to be adopted for spending. But we'll see.

But without real utility, why is it a good investment and store of value? without a reason to use it, why does it have any value at all?

This is exactly the question to put forward when prediction of increased adoption is suggested.

The simple "here and now" benefits of crypto that would spur adoption are the low fees and anonymity. The fees are climbing and exchangers nullify anonymity.

And there is no real utility. All utilisation now is created and not meeting existing needs.

Change that and adoption will spiral out of control=)

WTF are you talking about? It has value the same way gold has value, yet it is a much better version of gold. It's a hedge against market dynamics, a borderless store of value and protection against inflation and capital controls, these are all real utility that is happening now.

Lol at people trying to rate bitcoin with day-to-day shopping use when it's not ready for that yet. Let bitcoin grow in the phase it strives in now until it's ready for the next phase... it will be less volatile then and there are a lot of good developments in the works (sidechains, LN)

Bitcoin's use will never be for that. The current system used for day to day shopping works perfectly. The banks and the payment processors that are established are all giving efficiency and convenience to their users so Bitcoin has no place in it. Where Bitcoin thrives and will thrive more is in the black market and online dark markets simply because the banks do not serve that space.

Another one of these guys....