Quote from: Sled on May 10, 2017, 03:38:16 AM

Quote from: jaysabi on May 09, 2017, 11:24:21 PM

Quote from: 187undercover on May 09, 2017, 02:00:27 AM

Quote from: Sled on May 09, 2017, 01:51:25 AM

Quote from: gsrcrxsi on May 09, 2017, 12:54:24 AM

Bitcoin is gaining popularity day by day and many more people are showing their interest in investing their money in bitcoins but its really hard to believe that almost everyone will start using bitcoins in next 5 years as bitcoin has not reached everywhere yet and it will take long time that everyone starts using bitcoins.

Yes that is right, 5 years is not enough for bitcoin to get a lot of users and almost everyone for using bitcoin because 5 years is not enough and there is still a lot of people who don't use bitcoin or even don't have idea about bitcoin, i think it will take at least 10 years for bitcoin to reach all people around the world because it is not that easy as we think.

It will atleast take a couple decades for people to actually adopt bitcoin as a payment method and for governments to approve of it. Right now, it has taken 10 years since bitcoin's inception for a major government to approve of bitcoin (Japan). 5 years is definitely not enough time for bitcoin to reach all people around the world.

Bitcoin has only been around since late 2008. It's not yet 10 years old. It's taken this long to come this far, and that's not very far at all when you consider notnknly the adoption rate, but the rate of awareness. I don't find it likely Bitcoin attains mass adoption in the long run, let alone any truncated or nearterm time period.

The bitcoin is still young but i think it will not take a lot of years to wait before the everyone will use bitcoin as their secondary currrency. Bitcoin popularity is now increasing and a lot of people and countries already noticed bitcoin as a good investment and also currency at same time and i think in 2022 the rate of people will use bitcoin will be around 40%.

40% is too big in 5 years and you know around the world there are still many who don't know bitcoin. much less for old people or parents because many of them say bitcoin is anonymous evil action. whatever long it takes to be used around the world long as bitcoin continues to grow it does not matter.