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Author Topic: Why Bitcoin is the best future currency?  (Read 15392 times)
repdev
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December 08, 2016, 06:11:43 PM
 #281

Bitcoin is the only cryptocurrency to survive for more than 7 years in a row, no other crypto will ever have this title on its belt because the only way to achieve that feat is to make a time machine and go back in time and invent it before bitcoin was invented which is impossible, therefore bitcoin will always be the most trusted, the most solid crypto in the planet.

Yeah, following bitcoin more and more digital currency came into existence but none other than bitcoin had survived long as well haven't grown high as bitcoin. This makes it the best future currency in digital form.
Ok there is a cryptocurrencies that survived too long too such as dogecoin and especially Litecoin but the problem with these coins is that they didn't grow in numbers of users nor in the price as bitcoin
Bitcoin is simply the money of the future

History teached us how many good projects are out there, Bitcoin will always be the first but it's only a matter of time and coins like Zcash will have mass adoption.
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December 08, 2016, 07:07:16 PM
 #282

History teached us how many good projects are out there, Bitcoin will always be the first but it's only a matter of time and coins like Zcash will have mass adoption.
Most probably you are wrong. I'm very much sure there no altcoin will be capable to replace bitcoin by any means.

Like many people said here, They are just applications whereas only bitcoin is the true currency.
We are in need of a currency system not just applications. Bitcoin is the best a currency for present time itself and it is going to be more perfect in future.

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December 08, 2016, 07:56:02 PM
 #283

We must agree that is it best only under certain circumstances. To be more specific, we need to live in a prosperous world with no big social problems comparing to what we have now. It would be the best then, because of its pure essense (no matter, just like the OP said), is under no gov control and thus anonymous and without taxation.

       


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December 08, 2016, 09:53:24 PM
 #284

The best reasons are:
No physical currency involve!
Well, I don't think so as physical currency has it own primacy to financial services and medium of exchange.
There are some areas that you need physical currency to pay for, and the global currency is still gold since BC until we die.
Bitcoin could be the best because of how people treat and use it as major medium of exchange, we all know why bitcoin is primary candidate for the best currency but still it's too early to say.

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December 08, 2016, 11:21:58 PM
 #285

Bitcoin is the only cryptocurrency to survive for more than 7 years in a row, no other crypto will ever have this title on its belt because the only way to achieve that feat is to make a time machine and go back in time and invent it before bitcoin was invented which is impossible, therefore bitcoin will always be the most trusted, the most solid crypto in the planet.

Yeah, following bitcoin more and more digital currency came into existence but none other than bitcoin had survived long as well haven't grown high as bitcoin. This makes it the best future currency in digital form.
Ok there is a cryptocurrencies that survived too long too such as dogecoin and especially Litecoin but the problem with these coins is that they didn't grow in numbers of users nor in the price as bitcoin
Bitcoin is simply the money of the future

History teached us how many good projects are out there, Bitcoin will always be the first but it's only a matter of time and coins like Zcash will have mass adoption.
although potential and projects bitcoin very nice every time but I think that bitcoin will not be able to shift the fiat of the major currencies, but I still always think that bitcoin currency will become famous in the future
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December 09, 2016, 04:36:33 AM
 #286

Well the fact that has made my online life change from a living hell into a heaven in terms of functionality it's, it's highlight and it's just going to improve even more in the future. Many companies use it now and many are interested to acquire it. It's fee is a huge difference to other monetary ways. You can literally create it with computing power and couldn't be any cooler than that. It doesn't restrict you (for everyone). And the best one is, no government controls it.

You are definitely right dude, in fact here in my country some of the Multi-level companies are adopting the system of bitcoin in their marketing scheme. And we also have restaurant who accepted bitcoin in civilized place of course and etc.

                                 
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December 12, 2016, 10:31:46 AM
 #287

If the majority of the countries in the world and the international business institutions accepted the bitcoin as a legal currency to be used in any global transactions, then we can say that bitcoin has the best future.

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December 12, 2016, 12:33:20 PM
 #288

Even today the price for bitcoin is high, but after the next halving in four years the price will be even higher. Some experts predict 2000$ and some even higher. That's why bitcoin is the best future currency.
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December 12, 2016, 12:46:22 PM
 #289

Even today the price for bitcoin is high, but after the next halving in four years the price will be even higher. Some experts predict 2000$ and some even higher. That's why bitcoin is the best future currency.
We cant assure bitcoin to get go 2000$ in the future , because in the past years bitcoin get and go up to 1000$ and suddenly dump into 200$ something, We can assure the price but bitcoin is a very good cryptocurrency we can rely on.

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December 12, 2016, 12:57:44 PM
 #290

Even today the price for bitcoin is high, but after the next halving in four years the price will be even higher. Some experts predict 2000$ and some even higher. That's why bitcoin is the best future currency.
We cant assure bitcoin to get go 2000$ in the future , because in the past years bitcoin get and go up to 1000$ and suddenly dump into 200$ something, We can assure the price but bitcoin is a very good cryptocurrency we can rely on.
The all time high that we reached back in 2013 was a false one as it was purely done by MtGox's bot manipulation. I somehow wish it didn't happen as we would reach an all time high right now.

But you're right, we can't just assume the price will reach a certain price in the thousands as there are no guarantees when it comes to Bitcoin.

But we also can't deny that things are moving forward pretty much in the right direction with the activation of SegWit most likely happening in 2017.

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December 12, 2016, 01:13:47 PM
 #291

The best reasons are:
No physical currency involve!

There is Many reason why bitcoin is the best future currency :

1.Bitcoin is easy to understand for everyone.
2.Bitcoin price is increasing rapidly so many investor believed in bitcoin and investing more on bitcoin.
3.Bitcoin giving us many ways to earn money and make our life better.
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December 12, 2016, 04:55:26 PM
 #292

The best reasons are:
No physical currency involve!

because bitcoin has a lot of great features including being decentralized which means no other people has a control and can impose a huge amount of tax and its fluctuating price which usually rising and increasing continuously and of course because bitcoin can provide you a service of faster, reliable, and convenient transaction which you are hassle-free .

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December 12, 2016, 08:51:33 PM
 #293

because bitcoin is a currency of the most recent and has a very simple system. use bitcoin gives us easy access, with these conditions, bitcoin can be used as a single currency in the future.

Its the best future currency because of the comfort and convenience that has provided to the users worldwide and it even changes more lives of the people particularly on additional financial needs. Possiblity of future currency will make a lot of sense that everyone is a part of change that will dominate other fiat currency to be the most powerfull currency which is the crypto currency.
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December 12, 2016, 09:20:00 PM
 #294

because bitcoin is a currency of the most recent and has a very simple system. use bitcoin gives us easy access, with these conditions, bitcoin can be used as a single currency in the future.

Its the best future currency because of the comfort and convenience that has provided to the users worldwide and it even changes more lives of the people particularly on additional financial needs. Possiblity of future currency will make a lot of sense that everyone is a part of change that will dominate other fiat currency to be the most powerfull currency which is the crypto currency.
For me bitcoin is the best future currency because of no hassle to use unlike other currency online that it takes a long time before you can verify and use your account properly. bitcoin just register and make wallet is enough an buy bitcoins to have funds your wallet and you use it instantly without hassle..
The other advantage of bitcoin you can transfer money fast world wide.. this is the fastest if we compare it into remittances.

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December 12, 2016, 10:08:01 PM
 #295

Even today the price for bitcoin is high, but after the next halving in four years the price will be even higher. Some experts predict 2000$ and some even higher. That's why bitcoin is the best future currency.
We cant assure bitcoin to get go 2000$ in the future , because in the past years bitcoin get and go up to 1000$ and suddenly dump into 200$ something, We can assure the price but bitcoin is a very good cryptocurrency we can rely on.
I was thinking you guys were going to highlight the reasons the price of bitcoin have been on the increase and especially in recent times as that should be what can make it the best future currency?

There are lot of reasons why bitcoin is the best future currency, but I think the main one lies on the fact that bitcoin is decentralized and not regulated by any government, so they can't manipulate it as they do fiat currencies.


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December 12, 2016, 10:24:27 PM
 #296

It is not the matter that a physical shape is available or not but it is the future's best currency because of its convenience and freedom which is the aim of the people in future and with that now everything is going to be available in digital form so everyone will want that virtual currency.

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December 12, 2016, 10:49:09 PM
 #297

because it is the most valued  and the highest price in all crypto currencies,
and no third parties authorize to manage your own money.
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December 13, 2016, 03:00:47 AM
 #298

Even today the price for bitcoin is high, but after the next halving in four years the price will be even higher. Some experts predict 2000$ and some even higher. That's why bitcoin is the best future currency.
We cant assure bitcoin to get go 2000$ in the future , because in the past years bitcoin get and go up to 1000$ and suddenly dump into 200$ something, We can assure the price but bitcoin is a very good cryptocurrency we can rely on.

yes its true and we don't want to get in this situations, don't we? bitcoin offering many benefit for people which is use bitcoin as payment transaction, with the lower fee than bank transaction, we can access our wallet in everywhere, we can make transaction with every people that have bitcoin wallet and the most important is we can manage our bitcoin as bank, and this is why bitcoin is the best future currency in every country and for every people.

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December 13, 2016, 06:12:20 AM
 #299

The best reasons are:
No physical currency involve!

There is  no physical currency with fiat these days.

There are still tons of it to go around, and there will still be tons of it to go around for a while to come. The problem I have with it, is the health risks involved with the handling of physical cash. We are exposed

too a lot of germs and bacteria and even viruses, when we handle physical money. Test has shown traces of faeces and blood on most of the money we use, and even drugs like cocaine. Our cash is filthy and

there are some serious bugs going around, for us to keep on handling it physically. { Ebola / Flu etc...} See this article : http://www.economist.com/node/21564529/

Regarding bugs and germs, what do you think would happen when we all start tapping our phones en mass against NFC terminals? The same thing as with cash: Massive transfers of germs, bacteria and virusses.

The only way to avoid most of these (non airborne) is by making a truly wireless method that does not require any physical touch against a central terminal that touches more than one person.

Bitcoin is a paperless, bank-less, state-less currency that allows people to pay directly for goods and services. The coins themselves are made by computers solving a set of complex math problems, and people who use their computers to make coins and record transactions are called miners.

The value of a bitcoin has fluctuated wildly since 2009 but now hovers between $400 and $450. To spend it, users buy bitcoin and transact using a third-party app such as Coinbase. Rather than a central authority validating transactions, all transfers are recorded on a public ledger. It can be used to pay for coffee, dinner or software from online stores as well as some real-world shops.

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December 13, 2016, 01:13:22 PM
 #300

Physical cash is not involved, and as long as we dont save our PINs and Private Keys here and there, bitcoin is a hell lot of secure. The chance of getting physically assaulted will also become less due to introduction of bitcoins. Moreover faster transaction fees and anonymity will also add up to the benefits of bitcoins. Getting profits is also easy enough from sports betting, and trading, and there are a lot of ways to earn, so it can be the best future currency.
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