eternalgloom
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Activity: 1792
Merit: 1283
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May 11, 2016, 02:28:04 PM |
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The fact that no physical currency is involved does not make it the best currency in my opinion.
It's specifically the technology behind it and the decentralized nature of Bitcoin that make it the best future currency.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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relq
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May 11, 2016, 02:33:08 PM |
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Because only bitcoin that have a huge price for each bitcoin and you can earn it freely, like do faucets or signature campaign. Other currency can't do this though.
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Qunenin
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May 11, 2016, 02:36:56 PM |
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Bitcoin has so many features. most importantly it is tax free.
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DashCoinDark
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May 11, 2016, 03:21:53 PM |
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Bitcoin will be the future payment method and that is because you also can see now that it becomes more popular more used and the most important more acceptable and that is nice.
People like Bitcoin because you can earn money with it but it is also easy to use for us and that is the best thing.
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Harpua
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Activity: 224
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Spastic dead-eyed hound.
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May 14, 2016, 11:30:21 PM |
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Bitcoin has so many features. most importantly it is tax free.
Well if you are thinking in the "short term", then yeah, it will be "tax free" to some extent... but you also have to think about if it were to become the future[/i] currency which refers to long term. Unless you are an anarchist and believe that everyone can just do whatever the fuck they want, then yeah that's ok to think about... but if you are like the rest of civilization, then you know that there is a small need for taxes to help pay for stuff in your community. |
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traderbit
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May 15, 2016, 05:40:04 PM |
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1) There's no Physical Form. So it's harder to get stolen.
2) The price is stable and rising. Unlike those currency that got high inflation. So, BTC is a great money for investment.
I think the opposite of the 1), it is easy to be stolen when it is digital because the hackers can be sometimes be untraceable. 2) bitcoin price is not stable it changes very often, but bitcoin has a potential to be applied more than it is now. It is no the best currency now around this time but you have to know that you can earn a lot of money with it and that is quite nice for the people who already have Bitcoin. But it can takes a long time until the value will be more worth and it can be bad for you because you need also the patience for it. It is not guaranteed that you will get profit after the halving of after few years. It is the best currency because everything is open, and all the transaction are public, but the worst thing is that once the bitcoins are gone these can't be refunded like paypal does. |
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Ultrafinery
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Merit: 10
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May 15, 2016, 05:44:46 PM |
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Truth. Altho I think there are other in-game currencies. |
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ekoice
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May 15, 2016, 05:47:31 PM |
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Because only bitcoin that have a huge price for each bitcoin and you can earn it freely, like do faucets or signature campaign. Other currency can't do this though.
Yes i do agree with this since bitcoin offers a lot of options to earn and raise its profit where as no paper currency has this kind of benefits that's why its popularity in future will make it the best future currency. |
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Rotator
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May 15, 2016, 05:53:40 PM |
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Actually i'm not sure if bitcoin is best.. But it is first and it is most adopted coin of them all. All this can be changed. Bitcoin must evolve, to respond best to all users requirements..This way will stay best, but this will is very hard and comprehensive job.
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Blitzboy
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May 15, 2016, 06:21:15 PM |
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I think we cant called bitcoin as currency its a kind of electronic coin or ecurrency.. which is its just a alternative to use for usd to buy online stuffs..
But if we compare bitcoin in altcoin bitcoin still the best because of the value of each bitcoin..
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pneumatic5
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★Bitvest.io★ Play Plinko or Invest!
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May 15, 2016, 06:34:02 PM |
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The best reasons are:
No physical currency involve!
Because the Demand is very high and supply is going to be lesser than demand |
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Akupuniard
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May 15, 2016, 06:34:48 PM |
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I don't know why bitcoin is the best future currency, maybe people will discover something new, bigger and better. You will never know what happen in future, that's what i'm thinkign.
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mindrust
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May 15, 2016, 06:55:21 PM |
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Why? Because it is the first and the original.
Can you live in a world without Coca-Cola? Just like that, you can't live in a world without Bitcoin. It will be always there and be the safest choice.
All others like (M)etherium and LightCoin will stay like imitations
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chennan
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Activity: 1316
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May 15, 2016, 08:48:37 PM |
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I think we cant called bitcoin as currency its a kind of electronic coin or ecurrency.. which is its just a alternative to use for usd to buy online stuffs..
But if we compare bitcoin in altcoin bitcoin still the best because of the value of each bitcoin..
The value of Bitcoin doesn't make it automatically better. Sometimes the value of something in a market that can be easily traded on exchanges, such as bitcoin, can sometimes be manipulated. Plus, it's been not a secret that Bitcoin has been having some problems dealing with issues that's currently going on "under the hood". Block size, fungibility, etc... these are all stuff other altcoins are working on, and these could possibly upset Bitcoin if Bitcoin's blockchain infrastructure can't handle the stress of the network and be able to function like it's supposed too. |
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DimensionZ
Sr. Member
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Shit, did I leave the stove on?
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May 15, 2016, 09:12:22 PM |
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If the value of Bitcoin keeps on constantly changing it doesn't make it automatically a better digital currency because people would not like it if they need to recalculate the worth of things every time they make a transaction throughout the day due to the volatility of Bitcoin. The best future currency in my opinion must be stable and fast without waiting for many confirmations. Bitcoin is perhaps the first version or the foundation if you will for future digital currencies. Only time will tell what will be the one to conquer the world. It might be Bitcoin who knows  |
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toy4lov3rs
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May 15, 2016, 09:14:23 PM |
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I don't know why bitcoin is the best future currency, maybe people will discover something new, bigger and better. You will never know what happen in future, that's what i'm thinkign.
That's true anything is possible with bitcoin, either it will skyrocket or simply disappear but we hope that it will reach to a new level in coming years. |
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MaxTax
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May 15, 2016, 09:25:51 PM |
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I don't know why bitcoin is the best future currency, maybe people will discover something new, bigger and better. You will never know what happen in future, that's what i'm thinkign.
That's true anything is possible with bitcoin, either it will skyrocket or simply disappear but we hope that it will reach to a new level in coming years. I beg to differ. When it comes to new currency's there are not many alternatives. From the handful we have cryptography and more specific bitcoin has the most potential. Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin. |
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angaper
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May 15, 2016, 09:54:11 PM |
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I think it is not good to be so overconfident about the future of bitcoin, my friend. Actually this new currency is still very recent in the history of economy and finances, and we don't have enough references to foresee with accuracy its future behavior, that is why at this moment I still prefer to rely on old options (dollars, metals, etc.)
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Blacula X
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May 15, 2016, 10:07:29 PM |
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Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.
Huh?  Got sauce for this wackiness? |
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ajun96
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May 16, 2016, 03:51:13 AM |
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The fact that no physical currency is involved does not make it the best currency in my opinion.
It's specifically the technology behind it and the decentralized nature of Bitcoin that make it the best future currency.
yeah decentralization make different bitcoin. although bitcoi created by someone but the creators can not control the bitcoin. and bitcoin could stand alone and dependent on the user. more and more users, then the price will be higher bitcoin. this is the difference from other currencies |
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