Bitcoinpro (OP)
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December 16, 2015, 03:32:08 AM |
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its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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Sturgeon
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ドラゴンスピ
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December 16, 2015, 03:37:42 AM |
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"The economy depends about as much on economists as the weather does on weather forecasters" Jean-Paul Kauffmann "The risk / reward ratio is nuts. Playing with altcoins is like picking up pennies on the highway" BlindMayorBitcorn
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Bitcoinpro (OP)
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December 16, 2015, 03:47:13 AM |
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it already has and the market capitalization is staggerring around a Trilliion as a guess, to replicate the entire Cryptosphere
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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tobacco123
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December 16, 2015, 04:32:45 AM |
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Hmmm... I think we should be more ambitious... Bitcoin: Global currency of the Earth, the Moon, the Mars... the Universe!
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MyBTT
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December 16, 2015, 04:33:32 AM |
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its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
Indeed. In bitcoin we trust.
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Yakamoto
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December 16, 2015, 04:41:56 AM |
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I hate to say this, but Bitcoin is too small overall in order for it to be the currency of -whatever-. And I don't mean small as in user base, I mean the divisions are too small.
As it stands, if every satoshi was worth $1, the market cap would be ~2.1 trillion, if I remember correctly, and thus would be too small to replace the current monetary system. Hypothetically it could, but there would be too many outstanding debts, or anything really, in order for it to be able to fully integrate itself into society.
I can see it becoming a global currency since we see a collapse of the current economic system, but that's only because most other money won't mean much anymore.
It is certainly global if you mean it can be transferred anywhere with ease, however.
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jerowacik
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December 16, 2015, 04:57:22 AM |
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I am not sure at this time due to various economic and administrative considerations. but someday will happen. bitcoin will become a global currency.
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DimensionZ
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Shit, did I leave the stove on?
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December 16, 2015, 05:08:00 AM |
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I think it's fitting to say space currency too because there will be satellites in outer space broadcasting the blockchain soon.
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helloeverybody
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★YoBit.Net★ 350+ Coins Exchange & Dice
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December 16, 2015, 07:22:41 AM |
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Id agree that so a worldwide currency its doing pretty well, and although it's valued more than usd I'd say usd is still used worldwide more.
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hunnaryb
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December 16, 2015, 07:53:04 AM |
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Just because its more expensive than USD, doesn't mean its better.
BTC is barely used anywhere at all. Which makes it alot less 'valuable' in my eyes.
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hunnaryb
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December 16, 2015, 08:19:50 AM |
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its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
That is baseless wild speculation. It does not give a time line. I can safely say bitcoin will not be worth more than US dollar in terms of market capitulation in 5 years. We'll never have the market cap of USD. I'm sure there are some economists out there that can prove mathematically why.
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davinchi
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December 16, 2015, 08:22:49 AM |
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its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
How we can say 450 time more valued when the units of USD and bitcoins are not same. But regardless of value, we are experiencing that bitcoin has many obvious reasons to become the global currency of Earth. In this aspect bitcoin will replace gold to be the international medium of exchange.
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n2004al
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December 16, 2015, 08:56:48 AM |
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its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
Very few words and very full and high meaning. It could be enough the fact that bitcoin worth 450 times the value of us dollar (which the most powerful currency of the world) to understand the power of bitcoin. But I think that is nothing compared to the hopes of everyone of us. Can anyone imagine the importance of someone rich with bitcoin? How was possible to not buy more when the price was 40-50 us dollar (the time of my presentation with it)?
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Jeremycoin
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𝓗𝓞𝓓𝓛
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December 16, 2015, 09:51:15 AM |
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Hmmm... I think we should be more ambitious... Bitcoin: Global currency of the Earth, the Moon, the Mars... the Universe!
Nope, you're too ambitious for this. We don't even know that they're using a currency system for doing a trade. Unless, if you mean that human will make a colonial on those planets and using Bitcoin as the currency.
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faucet used to be profitable
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Velkro
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December 16, 2015, 09:55:02 AM |
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its easily the strongest cryptocurrency valued 450 times more than the US dollar
the first Super currency and the best store of wealth due to its cryptographic network strength
and people often forgot about that, its first currency in the world without borders its unique, its special, people will recognize its qualities in time
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krunox123
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December 16, 2015, 10:05:16 AM |
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Approved. Bitcoin is a global currency of Earth, no doubts about that. Sadly, my friend don't give a fuck about Bitcoin.
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Life sucks.
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zimmah
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December 16, 2015, 10:11:52 AM |
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Just because its more expensive than USD, doesn't mean its better.
BTC is barely used anywhere at all. Which makes it alot less 'valuable' in my eyes.
Just wait a few years, the USD is losing its status as world reserve currency and globally accepted unit of trade, Bitcoin can and will fill the gap. China, Russia and Europe will try to contest with each other to replace the dollar, but eventually Bitcoin will be the best to fill that role.
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eternalgloom
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December 16, 2015, 10:24:18 AM |
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Just because its more expensive than USD, doesn't mean its better.
BTC is barely used anywhere at all. Which makes it alot less 'valuable' in my eyes.
I agree that in the global sense, Bitcoin is indeed barely used anywhere. But I'm still able to buy almost anything with Bitcoin, either by paying the merchant directly in Bitcoins or through various gift cards that can be purchased with Bitcoin. Heck, there are even a number of bars in my home city where I can pay with Bitcoin. Given that Bitcoin is still extremely new, I'd say it's doing pretty good in terms of adoption by merchants.
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ATguy
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December 16, 2015, 10:25:15 AM |
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It is certainly global if you mean it can be transferred anywhere with ease, however.
Thats reasonable, Bitcoin is really currency without borders and not controlled by any country - pretty much ideal in global trade. But Bitcoin cannot replace USD and other currencies because with maximum 5 transactions per seconds, it is not enought, even if you increase 1000x the thoroughput (1GB blocks ), it is not enought for replacing all other currencies
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croato
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December 16, 2015, 10:35:45 AM |
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I dont think Bitcoin need to compete with US$. For now it should dig his way to become main currency of internet and best/cheapest way to send money worldwide.
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