By now it is evident that the prophesied mass adoption has not yet come. But Bitcoin isnt going to die any time soon either, despite what some of the detractors would have you believe. The question then becomes, when is global recognition realistically possible and what has been preventing it so far?
Both the number of daily transactions and the price of Bitcoin have steadily grown to quite substantial levels, despite all the setbacks and crashes on the way. It is clear that there is enough determination and enthusiasm in the Bitcoin community to maintain the current positive dynamics into the future. Rather, the continuation of the current steady organic growth could be what Bitcoin needs. It is quite likely that five or 10 years half the world will know what Bitcoin is.