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Author Topic: The future of Bitcoin  (Read 67125 times)
deisik
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August 12, 2016, 06:09:52 PM
 #1161

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Add to this the fact that it is impossible to send your money nowhere and next to impossible to send it to a wrong payee (that would require you to go totally nuts), while with Bitcoin you can shoot yourself in the foot even easier than you could fall off a log...

In this aspect Bitcoin is like a hand grenade with the pull ring removed

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August 13, 2016, 02:42:14 AM
 #1162

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Add to this the fact that it is impossible to send your money nowhere and next to impossible to send it to a wrong payee (that would require you to go totally nuts), while with Bitcoin you can shoot yourself in the foot even easier than you could fall off a log...

In this aspect Bitcoin is like a hand grenade with the pull ring removed
I can say that other form of payment could also be fast but with bitcoin the it is not only fast but it is also cheap, imagine how much you can save if you are transacting regularly online, maybe this is the reason why smart people are using bitcoin to transact online rather than their bank accounts.
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August 13, 2016, 06:48:56 AM
 #1163

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Add to this the fact that it is impossible to send your money nowhere and next to impossible to send it to a wrong payee (that would require you to go totally nuts), while with Bitcoin you can shoot yourself in the foot even easier than you could fall off a log...

In this aspect Bitcoin is like a hand grenade with the pull ring removed
I can say that other form of payment could also be fast but with bitcoin the it is not only fast but it is also cheap, imagine how much you can save if you are transacting regularly online, maybe this is the reason why smart people are using bitcoin to transact online rather than their bank accounts.
Definitely very fast, what I like about bitcoin is you do not need to fill in a lot of information when transferring online, you just need to send it a the right bitcoin address and then you are good to go, other payment processors does not have that and they may even freeze your funds if there is something wrong they will see.

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Aamir1
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August 13, 2016, 04:47:48 PM
 #1164

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
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August 14, 2016, 06:27:00 AM
 #1165

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable.
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August 14, 2016, 07:34:13 AM
 #1166

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable.
That should happen in the future, bitcoin should increase in value because it will become more popular, the system is really great where it is the best currency so far in terms of online transaction, and that benefits should be experience by more people to attract them to adopt.

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August 14, 2016, 07:37:28 AM
 #1167

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable.
That should happen in the future, bitcoin should increase in value because it will become more popular, the system is really great where it is the best currency so far in terms of online transaction, and that benefits should be experience by more people to attract them to adopt.

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.

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August 14, 2016, 08:51:13 AM
Last edit: August 14, 2016, 10:10:50 AM by deisik
 #1168

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.

Multiple hacks and scams all over the place as of recent don't add up much to this trust. Indeed, it is in no case a fault of Bitcoin itself, but you still can't escape that bad publicity Bitcoin gets in the press. So regular people will continue to stick to their preferred, time-tested ways of saving money...

Even if they work no longer

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August 14, 2016, 09:00:04 AM
 #1169

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable.
That should happen in the future, bitcoin should increase in value because it will become more popular, the system is really great where it is the best currency so far in terms of online transaction, and that benefits should be experience by more people to attract them to adopt.

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.
Definitely it has, when an ordinary people will know about bitcoin and he would understand how it works, he would easily be attracted because it gives the opportunity for some individual to invest and transact smoothly in online transactions. This bitcoin has so much to share for its users and we can get the best benefits.
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August 14, 2016, 09:43:22 AM
 #1170

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable.
That should happen in the future, bitcoin should increase in value because it will become more popular, the system is really great where it is the best currency so far in terms of online transaction, and that benefits should be experience by more people to attract them to adopt.

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.
Definitely it has, when an ordinary people will know about bitcoin and he would understand how it works, he would easily be attracted because it gives the opportunity for some individual to invest and transact smoothly in online transactions. This bitcoin has so much to share for its users and we can get the best benefits.
We are the new generation of supporters on the new generation of money, it is just right that we must help spread the information about bitcoins as it could help more people to experience the benefits of transacting online and savings as well.

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August 15, 2016, 06:11:35 AM
 #1171

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.

Multiple hacks and scams all over the place as of recent don't add up much to this trust. Indeed, it is in no case a fault of Bitcoin itself, but you still can't escape that bad publicity Bitcoin gets in the press. So regular people will continue to stick to their preferred, time-tested ways of saving money...

Even if they work no longer

Exactly, the evil and criminal activities always leave a bad reputation among people about bitcoin eventhough bitcoin itself is never guilty for such actions but the people who use it in that way are, still the people hearing those news from the press would take their steps back from bitcoin.
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August 15, 2016, 08:09:19 AM
 #1172

i am sure the future of biotcoin will be so good and bitcoin will be more stronger in the future.
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August 16, 2016, 02:59:56 PM
 #1173

That's right, i don't know about bitcoin becoming an alternative currency but i can surely say that bitcoin is the best currency for online transactions because it is easy to send and receive and way more faster then other currencies used online.

Bitcoin is mainly for online financial transaction domination so it's considered as the best currency when in terms to online transaction.

But you know even fiat or other currencies can also experience fast transactions and it's present in most of the countries now like here in our country where sending money to an account is just one click away.

Yeah that is true, but you also certainly know that bitcoin will much more profitable for us, because the price of bitcoin is unstable and it is a value added that is highly visible to everyone using bitcoin. Bitcoin is better for investment because the prices are quite promising, but not yet suitable for bitcoin transactions because the law will not be clear for bitcoin

Even though the price of bitcoin is unstable at the moment. It is much less volatile than three to four years ago.

Maybe the price is quite less volatile then the times before but it has never been stable and it will always be like this i guess till there are investors and sellers the price will keep growing and dropping like this.
i believe that bitcoin could see upside market moves in the near future even though price is less volatile and unstable.
That should happen in the future, bitcoin should increase in value because it will become more popular, the system is really great where it is the best currency so far in terms of online transaction, and that benefits should be experience by more people to attract them to adopt.

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.
Definitely it has, when an ordinary people will know about bitcoin and he would understand how it works, he would easily be attracted because it gives the opportunity for some individual to invest and transact smoothly in online transactions. This bitcoin has so much to share for its users and we can get the best benefits.
We are the new generation of supporters on the new generation of money, it is just right that we must help spread the information about bitcoins as it could help more people to experience the benefits of transacting online and savings as well.

The bitcoin developers could not even code the 2MB block size increase to help ease the congestion of the network traffic. That is quite disappointing.
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August 16, 2016, 03:25:52 PM
 #1174

The bitcoin developers could not even code the 2MB block size increase to help ease the congestion of the network traffic. That is quite disappointing.

I don't think they have much problem coding it. I mean anything technical what could prevent them from doing just that (and a whole lot more). The problem is really deeper than that. Miners (the real driving force behind Bitcoin development) seem not to be particularly interested in the block size increase, and that's really sad...

That short-term interests and minute concerns overrule and take over concepts and ideas working for long-term Bitcoin success

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August 16, 2016, 03:30:17 PM
 #1175

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.

Multiple hacks and scams all over the place as of recent don't add up much to this trust. Indeed, it is in no case a fault of Bitcoin itself, but you still can't escape that bad publicity Bitcoin gets in the press. So regular people will continue to stick to their preferred, time-tested ways of saving money...

Even if they work no longer

Anyway those bad publicity could also turn up good. It could prevent from people to be joining those scam sites or other ones where you sign up and might get hacked.

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August 16, 2016, 03:33:50 PM
 #1176

Bitcoin has gained popularity and trust from the people in recent times and we can expect that it will be followed in future too which can lead to higher price in future.

Multiple hacks and scams all over the place as of recent don't add up much to this trust. Indeed, it is in no case a fault of Bitcoin itself, but you still can't escape that bad publicity Bitcoin gets in the press. So regular people will continue to stick to their preferred, time-tested ways of saving money...

Even if they work no longer

Anyway those bad publicity could also turn up good. It could prevent from people to be joining those scam sites or other ones where you sign up and might get hacked.

People will just stay away from Bitcoin altogether. How can it possibly be good for Bitcoin? And those who lost their money in alleged hacks (which in fact might be well disguised scams like that of Bitfinex or Cryptsy), will they ever want to touch Bitcoin again despite the fact that Bitcoin itself is not at fault?

Once bitten twice shy

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August 16, 2016, 09:24:41 PM
 #1177

i am sure the future of biotcoin will be so good and bitcoin will be more stronger in the future.
i agree with you that bitcoin future will be more shine and bright and i am sure more people will be get awareness about bitcoin then bitcoin will be more stronger in the future.
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August 16, 2016, 09:32:02 PM
 #1178

i am sure the future of biotcoin will be so good and bitcoin will be more stronger in the future.
i agree with you that bitcoin future will be more shine and bright and i am sure more people will be get awareness about bitcoin then bitcoin will be more stronger in the future.
What is the basis of your beliefs? There must be what the facts are, or at least projections, which are based on an analysis of other indicators. Today we can see is not very stable price for cryptocurrency.
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August 16, 2016, 09:42:41 PM
 #1179

i am sure the future of biotcoin will be so good and bitcoin will be more stronger in the future.
i agree with you that bitcoin future will be more shine and bright and i am sure more people will be get awareness about bitcoin then bitcoin will be more stronger in the future.
What is the basis of your beliefs? There must be what the facts are, or at least projections, which are based on an analysis of other indicators. Today we can see is not very stable price for cryptocurrency.

This had to be expected. The price volatility will only increase with time even if the price itself is set to rise in the future. In fact, the higher prices would accommodate even more volatility up to a point when Bitcoin is no longer usable for anything but trading...

Not that it is extremely usable for anything else right now

Doamader
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August 16, 2016, 10:34:15 PM
 #1180

Im exited as i saw a thread from the owner of megaupload and he is coming with a new project related to bitcoin, this thread has raised my expectations about bitcoin on the next year, if bitcoin achieves more people, milions extra people demand and supply will start working at bitcoin, and price will raise fast and keep stable.
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