SteamKOSale
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May 08, 2016, 08:15:56 AM |
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Maybe is the correct answer
you can't say at this point what will happen in the future
in that time i see many online shopping use payment gateway with bitcoin so. i hope:)
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eddyubachs
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May 08, 2016, 08:21:34 AM |
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I don't think so especially in third world countries where people don't have access to internet will never know what bitcoin is and how to use it, existence of fiat will always there.
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target
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May 08, 2016, 08:39:00 AM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Not everyone will use bitcoin still. a better coins maybe just be preferred to be used later I'm just not sure which. ETH or Dash maybe. Cryocurrency as a whole will be used my many particularly for the online transactions so it may surpass paypal due to the issues they have about disputes. |
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Cyaren
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May 08, 2016, 08:42:25 AM |
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Yes, I think so. I believe that bitcoin is fundamentally a better system than fiat.
Fiat is completely unstable, and therefore, must be replaced either before or immediately after it collapses.
The best solution for it is Bitcoin, or precious metals. I believe both of these two options will work.
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Dekker3D
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May 08, 2016, 08:56:06 AM |
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I think not, unless we can cover majority of the population with Internet connection. Plus by 2022, who knows what issues bitcoin will be having with a bigger blockchain size. Who knows, what will be the waiting time for confirmation in few years time. Altcoins are actually a lot better when it comes to speed of transfer.
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BTCdoaA
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May 08, 2016, 11:20:23 AM |
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Unfortunately as today the is no exact figure on how many members used bitcoin for 2016 . But as many sites start to accept bitcoin as a fundamental payment gateway this will definitely increase the rates of people using BTC by 2022.
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justspare
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May 08, 2016, 11:31:01 AM |
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There is really no way to tell whether people will be using Bitcoin at that time. I would think that some people will be using it and some wouldn't.
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zimmah
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May 08, 2016, 11:41:53 AM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
banks are starting to do a very good job at making themselves impopular with the masses, it won't take long at this rate for people to turn their backs on banks anyone who is slow to learn will get left behind and raped by the banks |
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Hatuferu
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May 08, 2016, 11:48:45 AM |
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I am optimistic about that, if we continue to spread the value of bitcoin in our life people will understand and there will be a massive adoption of it. It big merchants, financial institution will be convince to integrate bitcoins in their businesses also that would be a very positive sign plus in the future we have to go cashless.
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SebastianJu
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May 08, 2016, 10:19:36 PM |
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Even if 1% of the world population uses bitcoin, or 70 million people in the world, the bitcoin price will be hundreds times higher.
The bitcoin price would be specifiially less volatile which would improve trust in bitcoin as a currency that holds value... |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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blackmachinegun
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May 08, 2016, 10:58:30 PM |
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Even if 1% of the world population uses bitcoin, or 70 million people in the world, the bitcoin price will be hundreds times higher.
nope I do not think like that users will greatly affect the price of bitcoin. if the user is only 1%, then prices will fall very sharply because the user is not proportional to the number of bitcoin, and bitcoin demand is very small so the price will be very small |
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DOGE12321
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May 08, 2016, 11:08:25 PM |
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It is said that bitcoin will destroy the fiat system but I believe that if this happens the world will change completely because banks and a lot of things will go out of the market.
Yeah, well the basic trend is that when the price increases the number of people using it would increase too. However, it is unlikely that nearly everyone would use BTC by 2022.  |
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bamboylee
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May 08, 2016, 11:10:27 PM |
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No I do not think it will used by everyone because there will still be other big currency's like the dollar that will be used more than the dollar.
This is not only the rule for the dollar but also for the euro, the bitcoin will maybe used a lot more but still not by everyone, from that we are still far away.
Yes, the supporter of dollar which is I think only USA will not leave dollar for their international use in order to give strength to their currency, the same will do Europeans, they are now in the struggle to make their currency No.1 , so they will not leave it for bitcoin easily. They do not have to give up the dollar or any currency. Bitcoin can be used an alternative payment scheme and that is enough. As long as everybody knows and uses bitcoin, it is good. We can treat bitcoin as ankther currency and it does not need to shutdown other currencies. |
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DOGE12321
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May 08, 2016, 11:12:43 PM |
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Even if 1% of the world population uses bitcoin or 70 million people in the world, the bitcoin price will be hundreds of times higher.
nope I do not think like that user will greatly affect the price of bitcoin. if the user is only 1%, then prices will fall very sharply because the user is not proportional to the number of bitcoin, and bitcoin demand is very small so the price will be very small Wouldn't Bitcoin demand be higher as there is a larger population of people using it. That would mean that the price could increase. Not only this a greater population may increase the number of miners present and the price may increase. |
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DOGE12321
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May 08, 2016, 11:24:57 PM |
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There is really no way to tell whether people will be using Bitcoin at that time. I would think that some people will be using it and some wouldn't.
I agree with you. It may even be a reality that Bitcoin would become worthless like worth a few cents or completely die down. On the positive side, it may hit $1000. So it is very unpredictable. |
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DOGE12321
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May 08, 2016, 11:30:18 PM |
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I don't think so especially in third world countries where people don't have access to the internet will never know what bitcoin is and how to use it, the existence of fiat will always there.
That might change in the future. Already many countries have access to a small supply of wifi. I think it is our responsibility to spread BTC around the world. If by 2022 no one knows about BTC we have no one to blame but ourselves. |
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European Central Bank
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May 09, 2016, 12:48:49 AM |
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Nope. That's only six years away. This shit is gonna take a long time for most people to come around to the idea. No one likes change very much and there's nothing scarier to most people than changing what they think about money, that's if they think about it at all.
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Hatuferu
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May 09, 2016, 06:05:18 AM |
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Nope. That's only six years away. This shit is gonna take a long time for most people to come around to the idea. No one likes change very much and there's nothing scarier to most people than changing what they think about money, that's if they think about it at all.
As I am a believer in Bitcoin, I believe in that year almost everyone will be using bitcoins, the technology is very fast and most of the businesses nowadays adopt to technology for easy, fast, and secured transactions and bitcoins offers a lot of benefits in achieving their goals. |
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FabioDelcatto
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May 10, 2016, 03:20:28 PM |
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I dont think so that it will happen and that is because there are now still a lot of people that dont even know what Bitcoin is and how it works and that is the problem.
But maybe it will be also more worth and that many people are going to use it but you never know.
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OrangeII
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May 10, 2016, 04:09:29 PM |
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I dont think so that it will happen and that is because there are now still a lot of people that dont even know what Bitcoin is and how it works and that is the problem.
But maybe it will be also more worth and that many people are going to use it but you never know.
I also do not think it will happen, but I think bitcoin is approved in many countries and can be used as an alternative to money or means of transaction |
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