Bitcoin Forum

Bitcoin could even become the online reserve currency.

Other Cryptocurrencies will continue to exist alongside Bitcoin just as other fiats exist along with the Dollar.
No need to eliminate other Cryptocurrencies in the name of fighting so called S*tcoins..
Crypto Maximalism or whatever it's called makes no sense. Different brands of thesame technology/products can exist together.  Apple for example started the modern touchscreen phone but it didn't try to eliminate Samsung or  other Android phones because they share similar features. It's against competition and free market.
Crypto world will encourage Free Market  better than any country on Earth.
Strong and fair rules will eventually take care of actual Scamcoins

Yes bitcoin can be the boss of the online world just like dollar of the fiat currency. The day is not far when bitcoin will be accepted by the mass and will have a online existence. People will understand how convenient it is and will realise the necessity of it. Waiting for such days eagerly.

This can be because the way BTC is increasing day by day it is huge because Dollar already ruling the economy but on the other hand BTC is ruling the internet based on this yes it can reach this position very soon.

I think this is so true and even if bitcoin doesn't have a real use case, it will surely be enjoying its first wave advantage thereby making it a lead to other cryptocurrencies. Many people don't even know any other cryptocurrency exists aside bitcoin.

Well, in order to develop the online world with BTC this field is really very helpful. Bitcoin has become one of the simplest ways of doing any transaction. People want to digitalize and thus BTC will create the innovations that will facilitate the human work. It is quite sure that in very recent time, BTC will become everyone’s need.

Bitcoin can't be become the daily payment system for a lot of people at the same time and it's not enough scalable. it will be suitable to become the crypto to store our value. I guess that the bitcoin has been doing it and so many people are saving their value through bitcoin and USDT. No need to remove other coin but just pick those coins are useful for us.

USDT is what people consider online reserve currency and not bitcoin, you can see why USDT could gain such huge market capitalisation within just short amount of time? It's because people are already consider USDT
as reserve currency, bitcoin is fluctuative but USDT is not. Realistically speaking, bitcoin is a gold of the online world and USDT is the dollar.

This field will be really very helpful in developing the online world. It will naturalize the human work by creating innovations. It has become the simplest way of doing transactions. BTC will become everyone’s need soon.

Bitcoin for quite sometime now had been playing a major role in online transactions. I have had the privilege of trading on other platforms aside cryptocurrency using bitcoin. Forex is a typical example of that, but i think crypto will make it more popular.

The reason why bitcoin still exist along with its competitor which better than it whether faster or cheaper. I think due to bitcoin is the first crypto and people more trust on it. On the other hand, not all people here use bitcoin as a payment option but as an investment tool. I personally use altcoin for purchasing something, bitcoin's fee is just too high I'm holding them like a gold.

Bitcoin is highly potential and promising. It has already proved itself in many ways and that is the reason why gradually it is facilitating the needs of people in general.

bitcoin is a currency, where you use it is not restricted by any means. and so far it is being used both online and offline.

the difference however is that other currencies have actual usage and are real but other cryptocurrencies are not real and have no usage. and in some cases have lots of issues and bugs and as the cherry on top they are insecure.

no need to fight them, they die on their own ;)

very true and i completely agree but also you should know that in the world there isn't just Apple and Samsung. there is also Applo and Sumsang and other weird names. for example you can google about Chinese copy products you can see they have nearly produced anything in the world with a similar name and similar looking logo (an apple logo with 2 bites taken out of it :D) and they are like the shitcoins of cryptocurrency world and real Apple and Samsung are the bitcoin of cryptocurrency world.

I think this era will continue to develop and try to create new things that will facilitate the human work. Bitcoin try to fulfill the peoples demand it already make the transaction process easy. More and more new feature add with it. I think bit coin is the perfect example of  digital currency.

Although these are two completely different scenarios but i will agreewith you inthe sense that btc is undoubtedly the biggest coin and is the most massively used coin, so yes as usd is the biggest in terms of global trade and transfers so yes we can corelate them as btc will soon become the household name.

I’m agree with you. Day by day bitcoin is becoming more popular around the world,that it can be a regular need later for everyone. Though there are many country who has accepted bitcoin for exchanging currency, there will be more to go.

I think the need is now becoming more realistic among the people. Bitcoin is becoming more popular day by day. One day it will be a local currency like dollar and euro.

Bitcoin is very popular much popular in the crypto currency market. It is known as digital currency so bitcoin will be to the online world what Dollar is the world economy.

Bitcoin is always ahead than the fiat currencies buddy, all you need to do is with the bitcoin is can do more than dollar or pounds. These fiat cashes are staying in the marketplace with the help of Rothschild family only. If they are killed or left away all the people will be find the independent usage from the bitcoin or altcoins/

Then I want to say you guys think wherever you guys are paying fees all the people while accessing debit cards, online payment, bank transaction fees and etc. If you compare all these things with the bitcoin's transaction fees it is 10 times better than fiat cash.

For me, Bitcoin will become more of a store of value both for the online world and the world economy. It would be like gold where wealth can be stored and preserved.

I think it will be the best fit for us to develop the online community with bitcoin. Bitcoin easy the transaction process. I believe bit coin will become everyone demand in future time. It design such a way that it will fulfill the future demand.

Bookmakers generally make a prediction that the probability of a 55% closing of the 2018 Bitcoin will be below $ 5000. So far I do not believe in Bitcoin.

The future is not so far when people will exchange local currency with bitcoin. Recently some banks of Europe has been started accepting bitcoin. Soon there will be more bank who will follow them.

bitcoin was invented to make our life's easy and more comfortable and it is doing that very well,  we don't have think much or follow any formal before deal with it and of course we can do transactions  from the any part of the world until that country does ban bitcoin trading over there

bitcoin market is definitely a world wide currency system. best part is it doesn't need much formalities or you don't need to pay taxes based on your income it was invented to make our l8fe comfortable and make easy transactions

have a look at this: https://twitter.com/kerooke/status/1035244689752870912

BTC is already surpassed many nation states in terms of circulation. BTCBTCBTC

I agree. Natural selection always determines the weak and strong players. Then only in the case of crypto currency, it is necessary that investors understand what kind of coin they are buying.

Yes, in the future Bitcoin will replace the impact of the dollar in the world. Bitcoin is a fairer coin that people will embrace.

Bitcoin has already made life easier for people and has become the number one online currency. Now, in order to conduct some transaction, we do not need to go to the bank, but simply connect to the Internet.

Hopefully, obviously there's no guarantees though. That's the risk that we're all taking, could be a different coin aswell.

BTC is close to replace usual money and crypto is close to replace economics too, it will be very funny to loof after this situation and their going to the aim.

over time, shitcoin will die by itself. there are lots of shitcoin available and it's not just a competitor's problem or like apple and samsung, but this shitcoin isn't worthy to become crypto or investment. look, if the goal of the shitcoin creator has been reached, then the coin will be leave it. who lost? coin holder or investor. is this worth keeping quiet? of course not.

The crypto market is completely indexed to the dollar. All virtual money, the real value is determined in dollars. The virtual market is dominated by Bitcoin. But the dollar is both the virtual market and the real market.

People have been using BTC for various online transactions. In future more people might feel the need of using BTC as online market is expanding almost everywhere. Analogically, BTC for online world is like Dollar for real world.

Bitcoin has already become the most valuable crypto in the online world. I guess BTC will continue to be that way where other crypto will also be exist as the market is known to be free market.

For that to happen the blockchain of bitcoin needs to get a lot more quicker and not get jammed as soon as it gets certain amount of interest. Right now even today we are paying too much for smaller numbers, like buying a 99 cent thing online with bitcoin could be really a pain in the ass so thats really not a great way to be the online worlds dollar.

For that to happen the fee of sending money should be either free or really insignificant like couple cents at most and it needs to be a lot quicker, like nano levels of quicker for that to be real. Can it happen ? Of course. Will it happen anytime soon? Not a chance in hell with this pace.

Sounds very real and I think that it will be really so. A lot of people compare BTC's value with gold or dollar, and I think that it can be true because BTC is very spread.

The US dollar will undoubtedly leave the world economy in time. And how quickly this will happen - depends on the development of the crypto industry. Bitcoin will win.

Indeed, that is the condition of the current cryptocurrency world.
Every altcoin always looking up to anything that happened to Bitcoin, when ever the bitcoin rise, the alt coin will be following and vise versa.

I think a stable coin like USDT and TruUSD will be better to be considered as online reserve currency because they are not volatile like Bitcoin and other altcoins. A reserve currency should be very stable and Btc is not.

Bitcoin is already becoming a world currency, it can be paid almost anywhere in the world, and there are more and more shops that accept payments

I agree with you Bitcoin is not that much scalable to handle daily transaction by the masses and it's better store of the value. We need the other cryptocurrency on the other hand which are scalable to hand the mass transaction when cryptocurrency will hit mainstream. Very soon in future we will be seeing domination of cryptocurrency on the online payments. Dollars is the world's currency and most of the foreign trades by numerous countries carried out with the dollar only.

It's too early to make definitive estimates in the blockchain world. I'm sure bitcoin will be a starting point for payment tools of the future.

I agree that what you say, does not need to remove the ancient ones even though there are new ones. because precisely the new one will be strong if there are ancient ones who will continue to accompany

This is true, I mean so far it already is. Since all of the coins are compared against bitcoin anyway. It already is that way for now. And when mass adoption begins then bitcoin would be the coin that is worth the most out of all of the coins and the dominance of bitcoin over the market will be even more. Bitcoin has always managed to evolve to suit the market

This is what it already is right now if I am not mistaken, I mean if you look at it right now all of the other coins now get their value from the value of bitcoin which helps to cement its position as the best coin in the market and with time the dominance of bitcoin is going to increase and it is going to become even stronger as time goes on

Not all coins are completely worthless and just a possible pump and dump. They are made for a reason, like bitcoin. The coins that are produced can be used to power up their platforms. Most of the coins right now are less security coins and most utility coins.

Mostly that is what we are looking at right now given the fact that bitcoin is the coin that gives all of the other coins their value and it is the most popular coin, the most widely used coin and the most invested in. That is why for years to come bitcoin is going to maintain market domination for over fifty percent and that would mean that it is basically the dollar of the crypto world

this can be a field for us to develop the online world with bitcoin. bitcoin makes it easy for us to make any transaction. I am very sure that bitcoin will become everyone's needs later. because the era will continue to develop and create innovations that further facilitate human work.