the first thing that should happen is that people stop just doing Hodl and start using bitcoin to make payments, while people are focused on things like these:
Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Patternmost people will be buying with the objective of making big profits and they will not be thinking about using bitcoin as a means of payment and consequence Is we will see the big increase and then big fall because the whales are in charge and many people also like to surf the wave of whales
Transactions are restricted. In many countries, Bitcoin and other cryptos are not yet accepted as a mode of payment. There are still countries wherein cryptos are not yet legal and not yet supported. The main use of crypos at this moment is still related to investment purposes. No matter how people in this industry wanted to use cryptos for daily purposes, they cannot do a thing because of the legality of Bitcoin and cryptos. And we cannot blame them because they would be deprived from using cryptos as a traditional digital currencies. And reality check, there will be more years to come for cryptos to be used in daily services.