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The biggest step to be taken is for people to start realising they get more control once the blockchain technology hits. They are afraid of the transparancy and can't yet see the beauty in regulating your own data. Like you said, it will take time, but once it's there, it will be huge!

Blockchain will be slandered in the media (ironically to our benefit in the short term) until major corporations unilaterally hit some critical mass point. The market caps are so minuscule if you think about it that crypto is like invisible to the mainstream ATM

I hate to be that guy, but "losing", not "loosing". Sorry!

Nice post.

The awakening is nigh! We, the awakened!

Clif high Webbot predicts bitcoin on its way to $2300 next...end of year  $10k?

Whether you’re an individual trying to get access or you’re a pensioner with lots of money tied up in the market, you’re going through these intermediaries that don’t represent you very well. [Bitcoin] creates a much more level playing field, and hopefully, it will reduce the complexity of the financial system.

Another way for the rich to get richer. And hopefully a few of the of us can go along for the ride without losing our shorts along the way.

Stepping back and taking the 50,000-foot overview, the thing I hope and pray for is that corporate entities and organizations step in and see the benefits of blockchain technology and invest themselves in it *before* banks and governments come in and try to regulate and prohibit cryptos as a "threat" to the conventional economy of the world.

I'm not saying cryptos wouldn't *survive* such efforts... just suggesting that if a lot of corporate "power players" are already on the blockchain bandwagon it's going to be a *lot harder* for government and regulatory intervention to to have real teeth. It's one thing to regulate a $50 billion "alt economy" to its knees... quite something else to regulate cryptos if the market cap were $5 *trillion.* Few legislators would want that much blood on their hands...

I already have experienced the *edges* of interference, here in Washington state... my Poloniex account was deactivated because the state is making it super hard for crypto exchanges here (with regulations and fees) because "someone" determined that many in the marijuana industry (legal here) were using BTC and alt coins as a way to bypass fees and taxes. 

You're right, patience is essential. The most recent parallel I can think of is called "The Internet." When I first got email and online access (1993) it was considered a strange hangout for "extremely nerdy geeks and creepy pedophiles." I would say it was a good TEN years before the "creepy" image faded in the background and a phrase like *"my mom is on the Internet"* became commonplace... and it really didn't "go big" till Facebook got serious traction.

With the higher attention in the main stream media regarding cryptoland, I also hope this pushes the cryptospace to come up with compelling services around the existing cryptos. Some of the cryptos have those, but most of them not really. I also hope not that many new cryptos will be launched, otherwise it is gonna be a blood bad sometime in the future. When that happens, this will not be good news.

More and more people will use cryptocurrencies, especially when people see the benefits. It is very strange that in the age when you can send an almost instant message to the other side of the world, and money transfers can take days. with cryptocurrencies sening money is way faster than with tradional banks en money transfers.

In my near surroundings, I have not felt a change yet. I hope this will change soon.

I feel somewhat happy that I told most friends and family members about crypto at least once so when this things skyrockets I feel a little less guilty.

I've had the same feeling. Blockchain technology is not far from becoming the mainstream. Great post:)

great info

We are at the cusp of mainstream adoption. A year from now if this momentum keeps up we will all be set for life. 
https://media.giphy.com/media/3oz8xsRKgCWlzkqT7y/giphy.gif

Wipro, an IT company receives email threat of $100 million in bitcoin as ransom. Using this news, media is projecting bitcoin as money for scammers, they are hiding the true facts.

Bitcoin just hit $1,700.

Well being that I am a newbie to cryptocurrency and to all coins bit (see?), i agree that your bubble is a lot smaller than those in it might think.  It is growing as im seeing more and more friends starting to ask questions and look into it.  Ive learned a lot in the past week or so and look forward to learning more.  Its only took me 4 years to even know what a bitcoin was.  :)

Thanks for your posts, they help educate the masses  (which benefits everyone) a lot!