Quote from: redsun114 on February 15, 2018, 06:03:48 AM

Quote from: andrei56 on February 10, 2018, 02:58:11 AM

Quote from: Kevin77 on February 08, 2018, 10:22:55 AM

Quote from: andrei56 on February 04, 2018, 03:02:12 AM

Quote from: pinkflower on February 03, 2018, 07:06:55 AM

Supermine said it right. We are in the early days of cryptocurrencies as a whole. Try going out of your house and see if you can find a BTC accepting store near you. You found none? Of course you did. Thats because theres less than 5% of the world's population use or own cryptocurrencies.

True, the fact there is a lot of money invested in bitcoin and alts does not meant that we have reached any kind of big adoption, I have yet to see a single store in my country accepting bitcoin and if I saw it I will buy whatever they are selling just to support them, I still think we are below 1% when it comes to adoption, so this should be very telling because once we reach 5% or 10% I think we are going to see a chain reaction in which most stores will begin to accept bitcoin.

On a large scale we are not even close. However, I still want to believe we are going to be getting past the adoption phase pretty soon. Is it not becoming obvious ?

First, some investors are still scared and looking to see if it is right to get in or not, some have taken the bold step, institutions gradually are stepping, the LN will increase the speed of transactions and make bitcoin even more usable, once we hit those stage, we are going to even be getting past the growth phase, so for now, I will say we are just there in between the adoption and growth phase.

I hope you are right, while I have not being holding my small amount of bitcoin for as long as many people in the forum I cannot wait any longer I want to see bitcoin making a great and visible progress, while having a high price is nice I still do not see bitcoin being accepted anywhere, people in my country despite the high prices show no interest in bitcoin so it is painfully slow the progress bitcoin is making every day.

I think of legalization of the bitcoin to be the best thing and this will help in bringing more name to bitcoin and other than this, this legalization of bitcoin will also help you in making things easier for you. Bitcoin is at its early stages of their adoption but the thing is it is gaining more and more reputation and the fame of bitcoin is continuously increasing, thus helping them in having more money.

Yes I agree. If only some come will let bitcoin come in to their economy in the legal means. Im sure it will bring great help to one's economy. Because many people get interested and then later on they will also encourage to invest. That how huge the impact of legalization of trend currency in one's economy.