Quote from: smooth on October 14, 2014, 08:47:34 PM

Quote from: rdnkjdi on October 14, 2014, 06:56:08 PM

. A growing acceptance of crypto in general (vs the current stagnation). Everyone I know now knows about bitcoin without me telling them. None of them show much interest in it. Adoption has ceased as everyone knows and anyone who wants to use it is. This is much the same with XMR. Everyone who wants to use it / be in on it now is. Most people who own bitcoin and are semi regulars in the crypto world know about it.

Yes I describe this as a crypto dark age. There just isn't much going on in terms of opening of new markets or increased demand for the technology (broadly speaking I include both XMR and BTC here). Look at the BTC chart over the past 10 months. In the moment it seems like a lot is going on with daily/weekly pumps and dumps, China bans, MtGox implosion, but zoomed out you just see stagnation and slow decline.

It will take something new and important to break out of this pattern.

Most people among my connections are crypto-virgins and as I have been talking them about bitcoin, they answear me in two ways: 1) It is a bubble, I wish I knew it when it costed like sub 10 usd 2) Bitcoin - so what (meaning: it doesn't bring anything new into my life, I have credit card which works fine and I have a bank account which also works fine)?

In my opinion, bitcoin is facing now huge challenges, it actually doesn't bring anything new for average Joe since via Credit cards you can do all the things you are doing via bitcoin. Personally the only thing which attracts me to bitcoin is the price increases - there is not enough essence in "innovation".
People who adopt bitcoin are doing it mostly due political reasons (they are liberals). Now as all the liberals have adopted bitcoin, how should it change its ideology to attract the masses who are not liberals.
What I am trying to say is that bitcoin adoption is based too much on political ideology instead of tech innovation (which it doesn't obviously have radically enough).

Monero is a right step forward. There are people who simply want to be background with their money and they want to hide their wealth.
Bitcoins can be confiscated but it is much harder to confiscate Moneros due to anonymity feature.