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MaxTax
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March 19, 2016, 08:21:20 PM |
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Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.
Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money. Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in market cap and trading. But in no way will it replace it. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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JessicaSe
Legendary
 Offline
Activity: 840
Merit: 1000
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March 19, 2016, 09:26:30 PM |
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Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.
Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money. Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in market cap and trading. But in no way will it replace it. Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical. |
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n0ne
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March 20, 2016, 06:09:35 AM |
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Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.
Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money. Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in market cap and trading. But in no way will it replace it. Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical. Yes its really difficult to replace paper currency. Bitcoin will get its physical form and this will surely make the circulation as well usage high. |
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Mr. Big
Member
Global Moderator
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Activity: 2296
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While my guitar gently weeps!!!
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March 20, 2016, 06:12:58 AM |
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i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money.
That is right, IMO, I don't see bitcoin replacing our currencies..the both may co exist in the market, but money would still be dominant of the two...even after this lifetime.. |
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bestluck
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March 20, 2016, 06:13:32 AM |
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No, it cannot happen as all the curency has its own country which support it and bitcoin is also a money , and bitcoin is still too young for to compete these currencies which have super owners.
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trenchflaint
Newbie
Offline
Activity: 42
Merit: 0
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March 20, 2016, 06:15:17 AM |
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Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.
Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money. Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in market cap and trading. But in no way will it replace it. Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical. Yes its really difficult to replace paper currency. Bitcoin will get its physical form and this will surely make the circulation as well usage high. I doubt bitcoin will get into a physical form to be used in the market,bitcoin physical form is for collectible only. Who would create such money and government will not allow any person to use that in their country. |
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n0ne
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March 20, 2016, 06:23:25 AM |
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Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.
Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
i will not believe if bitcoin could replace money,even it happen,i'm sure we all on this forum was not exist,need more than 50 year for bitcoin to really replaces money. Bitcoin will not be replace any fiat money or currency. Since it is only digital. It may be that bitcoin will outcompete them in market cap and trading. But in no way will it replace it. Yes it is really difficult for any digital currency to replace paper currency, bitcoin will be used more in future but for only digital shopping and not the physical. Yes its really difficult to replace paper currency. Bitcoin will get its physical form and this will surely make the circulation as well usage high. I doubt bitcoin will get into a physical form to be used in the market,bitcoin physical form is for collectible only. Who would create such money and government will not allow any person to use that in their country. But to get high number of adoption bitcoin needs to get its physical form. There are lot users who just believe in physical form of currencies. |
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Farma
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Merit: 1001
Leading Crypto Sports Betting & Casino Platform
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March 20, 2016, 08:00:22 AM |
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No, it cannot happen as all the curency has its own country which support it and bitcoin is also a money , and bitcoin is still too young for to compete these currencies which have super owners.
you're right, bitcoin is still too young to replace the currency, but it also does not everyone know using bitcoin. even the money has also been used for a long time and the longer use bitcoin, the longer also with the use of money |
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alisafidel58
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March 20, 2016, 10:35:46 AM |
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I consider bitcoin as money as i am able to buy stuff with it,if you are talking about paper money the for sure it will replace paper money in the future.
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Altcoinsupporter
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March 20, 2016, 11:16:27 AM |
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I consider bitcoin as money as i am able to buy stuff with it,if you are talking about paper money the for sure it will replace paper money in the future.
Well yes it is money but it's only digital money. How would say it replaces fiat money. IF there is not internet available? It don't/won't. So no this is impossible to happen. |
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LarryHocks
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March 20, 2016, 12:48:57 PM |
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I consider bitcoin as money as i am able to buy stuff with it,if you are talking about paper money the for sure it will replace paper money in the future.
Well yes it is money but it's only digital money. How would say it replaces fiat money. IF there is not internet available? It don't/won't. So no this is impossible to happen. How can those to be interchangable? They both offer a different kind of audience a service. So they can't be exchanged nor replace each other. At best bitcoin would be able to grow it's marketcap. |
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tampazeus
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March 20, 2016, 02:21:53 PM |
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I consider bitcoin as money as i am able to buy stuff with it,if you are talking about paper money the for sure it will replace paper money in the future.
Well yes it is money but it's only digital money. How would say it replaces fiat money. IF there is not internet available? It don't/won't. So no this is impossible to happen. How can those to be interchangable? They both offer a different kind of audience a service. So they can't be exchanged nor replace each other. At best bitcoin would be able to grow it's marketcap. Bitcoin will be used and accepted more in future but it cannot replace fiat for sure, as many countries are still not aware about bitcoins, they will continue using fiat. |
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el kaka22
Legendary
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Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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March 20, 2016, 07:23:19 PM |
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I think Bitcoin is already money, but if you mean if Bitcoin will replace fiat that's not impossible but need timing and more support for this crypto currency
Yes i think he mean fiat , and i don't know if Bitcoin will be able to replace fiat in our nearest future, but i am sure Bitcoin is growing up daily and reaching a high level of success till now please stop living in cloud cuckoo land, half the globe do not have internet connectivity....... crypto has been built to fail, a couple of nukes worth of EMP and ALL OUR cryptos are dead, make the most of our hobby while we still can, but please give up the dumb retarded pipe dreams!!!! It is true that half of the world has no any internet connectivity but I think if they do not any internet connectivity then they are not in the position to take part in international business as they don’t have any money for living. While crypto currency is for digital international transactions. |
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Hellacopter
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March 20, 2016, 10:05:41 PM |
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I think Bitcoin is already money and full used currency like fiat and other currencies used worldwide online and offline, we can use Bitcoin to sell and buy items or exchange it into fiat easily
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nejibens
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March 20, 2016, 10:16:59 PM |
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Bitcoin replaces the money? dude, bitcoin is already money so your question didn't make a sense for me.
We can use Bitcoin as other currencies so it's money
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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March 20, 2016, 10:28:42 PM |
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I think Bitcoin is already money and full used currency like fiat and other currencies used worldwide online and offline, we can use Bitcoin to sell and buy items or exchange it into fiat easily
When it comes to online payments, Bitcoin is a much better payment tool than fiat currency. But offline, fiat has still a huge advantage over Bitcoin. Especially with large amounts. I think it will take a few years before we see this change significantly. Bitcoin must rule both online and offline. Then we can say Bitcoin is better than all fiat currencies in every aspect. |
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JesusHadAegis
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March 20, 2016, 10:54:45 PM |
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Bitcoin replaces the money? dude, bitcoin is already money so your question didn't make a sense for me.
We can use Bitcoin as other currencies so it's money
Gotta agree with that. I'm more comfortable spending btc money. off course converting it to other currencies. Cause i have yet to spend btc on Dry goods. But i use btc on many online transactions. |
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gilangIDR
Legendary
Offline
Activity: 1526
Merit: 1001
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March 20, 2016, 11:01:15 PM |
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today bitcoin have replaced the function of money for me. now 50% of my financial transactions using bitcoin. ranging from paying electricity, water, phone vouchers, electronic items and daily needs. for me bitcoin has replaced real money. bitcoin is the future for me. and I am very happy to use bitcoin.
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angaper
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March 20, 2016, 11:14:58 PM |
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Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
Of course I have no doubt that there will be an increasing number of stores accepting bitcoin (and there will be many other options to exchange indirectly bitcoins for goods), but it does not mean that bitcoin will become the main currency of the world, because of the great volatility and uncertainty about its future development. |
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knowhow
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March 20, 2016, 11:16:55 PM |
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Well bitcoins would be a good way to pay online,but when i go shop at some place here,i see the price and the discount gaved if i pay with fiat instead cards... and i may say its around 10% less or something like that,i believe bitcoin may slowly enter at this market but will it be able to offer better discounts and better price in the end?No,fiat has full power bitcoin may hit deeply some companies ,but take down fiat wont happen.
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