Bitcoin Forum
January 19, 2019, 06:07:23 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: If bitcoin is worth $10.000, will fiat be worthless?
Yes - 46 (11.2%)
No - 364 (88.8%)
Total Voters: 410

Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 [100] 101 »
  Print  
Author Topic: If bitcoin price is $10.000, will fiat be worthless?  (Read 144410 times)
explosion
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
December 07, 2017, 04:23:57 PM
 #1981

The question is not in its price but rather in the scale it is spread all over the population... The majority of BTC users don't use it as a currency. Thus, fiat is needed
1547921243
Hero Member
*
Offline Offline

Posts: 1547921243

View Profile Personal Message (Offline)

Ignore
1547921243
Reply with quote  #2

1547921243
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547921243
Hero Member
*
Offline Offline

Posts: 1547921243

View Profile Personal Message (Offline)

Ignore
1547921243
Reply with quote  #2

1547921243
Report to moderator
1547921243
Hero Member
*
Offline Offline

Posts: 1547921243

View Profile Personal Message (Offline)

Ignore
1547921243
Reply with quote  #2

1547921243
Report to moderator
1547921243
Hero Member
*
Offline Offline

Posts: 1547921243

View Profile Personal Message (Offline)

Ignore
1547921243
Reply with quote  #2

1547921243
Report to moderator
CookingRaptor
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
December 22, 2017, 08:57:15 AM
 #1982

Ta al.. You'll certainly be skipped..eH..r
kyanscadiel
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
December 22, 2017, 10:19:33 AM
 #1983

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
Fiat will never be worthless. Fiat is what we use in our daily lives for our everyday expenses, even if Bitcoin hit the higher value Fiat will never be worthless at all. We can always use Fiat anytime we want and we can even buy a cup of coffee in any coffee shops paying for cash.

TetelQ
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
January 02, 2018, 06:12:41 PM
 #1984

No! I don't think it would be worthless because the bitcoin is really depending on it and the fact is that the price is made by it.
petramat
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
January 02, 2018, 07:29:01 PM
 #1985

fiat will never be replaced because it is more protected by the laws of every country, with fiat money we can buy one candy easily Cheesy.
Ma Nancy
Member
**
Offline Offline

Activity: 105
Merit: 10


View Profile
January 04, 2018, 09:10:05 AM
 #1986

Well its a no because if theres no fiat bitcoin is worthless.
portotoi
Full Member
***
Offline Offline

Activity: 280
Merit: 101


Blockchain with a Purpose


View Profile
January 04, 2018, 09:16:01 AM
 #1987

I just relaized that even if the bitcoin price will rise upto $10.000, or even higher that that, still the fiat will not be worthless. Because there are other circumstances ang instances that fiat is still needed.

CrazeCoinz
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
January 04, 2018, 01:51:41 PM
 #1988

This could not be happen. Fiat is will still part of our daily lives.
Even if the price of bitcoin will land to the moon.
Still the government will use fiat as currency.
Many people are not aware about bitcoin and it needs online connection to transact.
Here in my country, remote areas has no electricity considering we are now at 21st century.
randal9
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500



View Profile
January 04, 2018, 03:59:40 PM
 #1989

I just relaized that even if the bitcoin price will rise upto $10.000, or even higher that that, still the fiat will not be worthless. Because there are other circumstances ang instances that fiat is still needed.
of course, until the cryptocurrency has become worldwide, fiat will remain useful...maybe some will stop using it or they will use it less...but it won't go away from everyone's life
Potatohead
Full Member
***
Offline Offline

Activity: 355
Merit: 100



View Profile
January 04, 2018, 04:14:57 PM
 #1990

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

Well guess what, it just reached $20,000 ATH recently and went down a little. Fiat money didn't become worthless. Fiat money will still survive because bitcoin is not yet widely accepted by some country, even other countries banned it because they are scared that bitcoin would lessen the amount of income tax they would get.

parobber
Member
**
Offline Offline

Activity: 174
Merit: 11


View Profile
January 04, 2018, 04:17:03 PM
 #1991

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

Well guess what, it just reached $20,000 ATH recently and went down a little. Fiat money didn't become worthless. Fiat money will still survive because bitcoin is not yet widely accepted by some country, even other countries banned it because they are scared that bitcoin would lessen the amount of income tax they would get.

I think threads like this serve really well to show how far the crypto community has come, if bitcoin has a price in fiat then fiat isn't worthless. It's amazing how people didn't realise such things. Even if bitcoin was worth $100m fiat would still have a worth.

ELEMENTH
⇐ ● Blockchain for e-commerce ● Pre-ICO is LIVE ● ⇒
○ ○ ○ ➀ WEBSITEWHITEPAPERBITCOINTALKTELEGRAMTWITTERFACEBOOKREDDIT ○ ○ ○
PuraPuraBego
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 528


https://assetsplit.org/


View Profile
January 04, 2018, 06:30:42 PM
 #1992

Mystery has been solved.

Mandanai
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
January 04, 2018, 06:43:40 PM
 #1993

until now bitcoin already more than $ 10k fiat money is still valuable it seems fiat money cannot be replaced.
mohammedfaiz143
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
January 04, 2018, 06:45:37 PM
 #1994

The good old days when bitcoin worth 15000 $ was an unrealistic dream.

            ▄▄████▄▄
        ▄▄██████████████▄▄
      ███████████████████████▄▄
      ▀▀█████████████████████████
██▄▄       ▀▀█████████████████████
██████▄▄        ▀█████████████████
███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
 ▀▀██████████████████████▄▄
     ▀▀██████████████████████▄▄
▄▄        ▀██████████████████████▄
████▄▄        ▀▀██████████████████
█████████▄▄        ▀▀█████████████
█████████████▄▄        ▀▀█████████
██████████████████▄▄        ▀▀████
▀██████████████████████▄▄
  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



.SEMUX
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
Quote
kalawang
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
March 15, 2018, 03:45:51 PM
 #1995

All of that is true, but it is not something easy to do. Because all people would use something new, when there is already a body or company that can guarantee all the things that will happen in the future, if it is indeed a good thing happened. I think everyone now accepts the bitcoin, however they still doubt will use it because it is indeed bitcoin does not yet have a clear legal entity and also will not be a company or a person who guarantees the bitcoin. But it all depends on the future. just wait and see the results
ArnoldChippy
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
March 15, 2018, 07:09:42 PM
 #1996

I just relaized that even if the bitcoin price will rise upto $10.000, or even higher that that, still the fiat will not be worthless. Because there are other circumstances ang instances that fiat is still needed.
of course, until the cryptocurrency has become worldwide, fiat will remain useful...maybe some will stop using it or they will use it less...but it won't go away from everyone's life

To me i think that even if bitcoin become worldwide, fiat will remain useful, because in most of the backward countries people still do not have knowledge about computer and internet, they even do not have access to internet, even in some places people do not have the facilities of using internet, therefore i think that it will take a lot of time.

▄▄▄▄
▐████▌
▀██▀
▐▌
▄██▄
▄▄▄▄ ▐████▌ ▄▄▄▄
▐████▌ ▀▀▀▀ ▐████▌
████  ▄▄▄▄  ████
▐████▌
▄▄▄▄        ▄▄▄▄  ▀██▀  ▄▄▄▄        ▄▄▄▄
▐████▌      ▐████▌  ▐▌  ▐████▌      ▐████▌
▀██▀  ▄▄▄▄  ▀██▀  ▄██▄  ▀██▀  ▄▄▄▄  ▀██▀
▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌
▄██▄  ▀██▀  ▄██▄  ▀██▀  ▄██▄  ▀██▀  ▄██▄
▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌
▀▀▀▀  ▄██▄  ▀▀▀▀  ▄██▄  ▀▀▀▀  ▄██▄  ▀▀▀▀
▐████▌      ▐████▌      ▐████▌
▀▀▀▀  ████  ▀▀▀▀  ████  ▀▀▀▀
▐████▌      ▐████▌
▀▀▀▀        ▀▀▀▀
ivy|..FACILITATING SECURE, TRANSPARENT...........
..
BUSINESS PAYMENTS ON A GLOBAL SCALE....

..─────────  ❱❱  WHITEPAPER  ❰❰  ─────────..
|
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|.JOIN US NOW!.|
GamingBro
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
March 15, 2018, 08:32:37 PM
 #1997

Bitcoin don't make influence on fiat at my opinion and when price was $20K fiat didn't change price. At my opinion people just overrating bitcoin.

Hadji
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
March 15, 2018, 08:34:57 PM
 #1998

Yes it will be useful if its price is fixed to 10k, plus minus one thousand. The backward strange is not worth considering at all, they have other values.
signaturecoin
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
April 04, 2018, 12:32:57 PM
 #1999

Many businessmans are using fiat in their business because they're trusting fiats in terms of business. Since bitcoin has been noticed by many people, many investors invest in Bitcoin. If 1btc=$7500, Fiat will not become worthless because we all know that this is the real money, physical money and you will buy it everywhere you want unlike bitcoin. Indeed, I will say that there's not possibility that fiat will necome worthless.
nur rochid
Full Member
***
Offline Offline

Activity: 532
Merit: 100


“Tackling Climate Change Using Blockchain”


View Profile
April 08, 2018, 11:32:41 AM
 #2000

Many businessmans are using fiat in their business because they're trusting fiats in terms of business. Since bitcoin has been noticed by many people, many investors invest in Bitcoin. If 1btc=$7500, Fiat will not become worthless because we all know that this is the real money, physical money and you will buy it everywhere you want unlike bitcoin. Indeed, I will say that there's not possibility that fiat will necome worthless.
fiat users are bigger than bitcoin, if bitcoin reaches any price i think it will not affect fiat, if btc skyrocket i guess people are investing into btc to make a profit not to transact like fiat

Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 [100] 101 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!