Bitcoin’s price and adoption go hand in hand. without growing adoption, we shouldn’t expect sustained price increases. After all, demand (and thus price) is a reflection of real-world usage. But here’s the challenge: Bitcoin can’t compete with fiat for everyday transactions yet. So how do we bridge that gap?
Has Bitcoin not already succeeded without mass adoption because Bitcoin is being talked about everyday and if it wasn't successful, it won't be a subject that the media are always discussing and the government of different countries are looking for ways to legalized it or banned it for government still seeing Bitcoin as a threat to the economy of their country. Bitcoin needs the mass adoption but it's not going to force it on itself because for the few people that are making use of Bitcoin, Bitcoin can still survive with them. Bitcoin doesn't need new people to survive, it's a currency that can strive with the few adaptors that it already but adding more people will make Bitcoin more successful. Bitcoin isn't there to compete with fiats for everyday transactions.