Nimbulan
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July 12, 2016, 05:39:07 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? it is pretty much impossible to check how much users use bitcoins, i think that bitcoin will be international currency as in the future there will be more people using it
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hermanhs09
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July 12, 2016, 10:35:32 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? it is pretty much impossible to check how much users use bitcoins, i think that bitcoin will be international currency as in the future there will be more people using it It is not possible as you said,but actually there are some kind of "cheats" that you can use to assume, how much people is using bitcoin at the moment.It is volume,but you can never say from it how many users are in btc industry,because one may have 0,02 btc and another one : 4 or even more :]
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STT
Legendary
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Activity: 4088
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July 12, 2016, 11:43:24 PM |
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I imagine it would be mostly about concurrent users of the network, they still wont be able to identify computers automatically transacting and actual people behind it but I think the most reliable method to measure bitcoin would be peak use or concurrent transactions. Most people wont be using two phones at once to send bitcoin even if they had two wallets so that should be more accurate.
I think thats why blocksize is being an issue, too many users and the tiny spammy coins are taking up space from the bigger players sending hundreds or more. Surely if block reward halves, the transaction cost is going to rise to compensate but maybe thats not the plan
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neochiny
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July 13, 2016, 03:36:35 AM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing.
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Hatuferu
Legendary
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Activity: 1092
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https://trueflip.io/
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July 13, 2016, 07:41:28 AM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. I didn't know that we are that many, I am sure that in our country we cannot reach 10,000 for bitcoin users. That makes me invest more because this people will not let their investment die so we need to ride with them also.
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shane
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July 13, 2016, 08:00:55 AM |
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i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin
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senyorito123
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July 13, 2016, 08:21:35 AM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. I didn't know that we are that many, I am sure that in our country we cannot reach 10,000 for bitcoin users. That makes me invest more because this people will not let their investment die so we need to ride with them also. Maybe not now but in coming future you will just surprise that you can mingle some fellow bitcoin enthusiast in the future, bitcoin is really rising and everyday the volume of users are keep increasing and for bitcoin using as transaction online money around the globe well theres no doubt bitcoin now can be called legitimate global currency since it was used by all race of people in online world.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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July 13, 2016, 08:29:19 AM |
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i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin
You see that in your country? I dont see one in ours yet. I think businessmen are thinking so much about it and how they will profit out of it. Maybe there are too much risk that is why they cant start yet.
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Jmild1
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July 13, 2016, 12:18:07 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. Upon reading articles we're just 2-3 million of people who currently use bitcoin. 100 million is possible but not this year. It is a big jump if ever that happens, and for that to happen on that year it will be a small chance like 5%. We need a possible cause for how we can reach 100 million users in year 2016.
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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July 13, 2016, 12:24:52 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. Upon reading articles we're just 2-3 million of people who currently use bitcoin. 100 million is possible but not this year. It is a big jump if ever that happens, and for that to happen on that year it will be a small chance like 5%. We need a possible cause for how we can reach 100 million users in year 2016. 2-3 million were a cool numbers, we will absolutely grow, my concern is not today but today is my interest because it is the opportunity to invest and be rich tomorrow.
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peta4e
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July 13, 2016, 12:34:00 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. Upon reading articles we're just 2-3 million of people who currently use bitcoin. 100 million is possible but not this year. It is a big jump if ever that happens, and for that to happen on that year it will be a small chance like 5%. We need a possible cause for how we can reach 100 million users in year 2016. 2-3 million were a cool numbers, we will absolutely grow, my concern is not today but today is my interest because it is the opportunity to invest and be rich tomorrow. This is the right time to invest in bitcoin as price is not too high at a moment, price will be beyond our expectations in future and it will be more harder to invest in future.
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goldcoinminer
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July 13, 2016, 12:59:21 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. Upon reading articles we're just 2-3 million of people who currently use bitcoin. 100 million is possible but not this year. It is a big jump if ever that happens, and for that to happen on that year it will be a small chance like 5%. We need a possible cause for how we can reach 100 million users in year 2016. 2-3 million were a cool numbers, we will absolutely grow, my concern is not today but today is my interest because it is the opportunity to invest and be rich tomorrow. This is the right time to invest in bitcoin as price is not too high at a moment, price will be beyond our expectations in future and it will be more harder to invest in future. We should be optimistic and hope that the price will be x10 in the future, if that is in our mind we can easily convince ourselves to invest with the current price, we have nowhere to go but up and that should be one thing we need to remember.
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nururochac
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July 13, 2016, 03:27:26 PM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. Upon reading articles we're just 2-3 million of people who currently use bitcoin. 100 million is possible but not this year. It is a big jump if ever that happens, and for that to happen on that year it will be a small chance like 5%. We need a possible cause for how we can reach 100 million users in year 2016. 2-3 million were a cool numbers, we will absolutely grow, my concern is not today but today is my interest because it is the opportunity to invest and be rich tomorrow. You have a valid point there. It's better to invest now because we can still classify ourselves as early adopters since there are still few that uses bitcoin which is 3million, still not big and still a good time to invest. It also means that there's a chance we can hit 300k value once we hit billion of users using bitcoin.
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PokerFace3
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July 13, 2016, 05:56:43 PM |
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Bitcoin is already an international currency. It is a digital money and therefore it is not issued by, backed by, or tied to any particular nation or government. The only thing is Bitcoins are not very popular and many nations haven't really allowed the use of the cryptocurrency. But it's convience is attracting many people everyday.
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Jimbola3
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July 14, 2016, 07:41:49 AM |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? here's the link of the article that i read ( http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/) it's for you to decide if it is valid or not, but having 100m active users is a good thing. Upon reading articles we're just 2-3 million of people who currently use bitcoin. 100 million is possible but not this year. It is a big jump if ever that happens, and for that to happen on that year it will be a small chance like 5%. We need a possible cause for how we can reach 100 million users in year 2016. 2-3 million were a cool numbers, we will absolutely grow, my concern is not today but today is my interest because it is the opportunity to invest and be rich tomorrow. This is the right time to invest in bitcoin as price is not too high at a moment, price will be beyond our expectations in future and it will be more harder to invest in future. Yeah for sure the price will reach its peak in the near future and about bitcoin becoming the international currency soon more people will know about it and it will be the most used currency.
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praprata
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July 14, 2016, 01:54:25 PM |
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You can say that Bitcoin is an international currency because not matter where you are in the world you can make use of it. The thing they should go for in the future is that you are going to be able to pay with Bitcoin at stores in real life.
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nejibens
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July 14, 2016, 01:58:50 PM |
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Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
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hyudien (OP)
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July 15, 2016, 04:39:10 AM |
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Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
I know if no one is able to stop bitcoin , but many are still many places that do not support the bitcoin . May be not only not support but did not accept bitcoin whose prices fluctuate because of fear of loss that would be obtained.
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goldcoinminer
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July 15, 2016, 05:29:04 AM |
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Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
I know if no one is able to stop bitcoin , but many are still many places that do not support the bitcoin . May be not only not support but did not accept bitcoin whose prices fluctuate because of fear of loss that would be obtained. If you are living in a remote area then that is given that bitcoins will be useless, you an internet to operate the transactions and I can say the bitcoins have already gone to far in terms of success because even in our country many are already aware and using bitcoins.
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mirakal
Legendary
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Activity: 3304
Merit: 1292
Leading Crypto Sports Betting & Casino Platform
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July 15, 2016, 07:34:46 AM |
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Bitcoin is already an international currency, it's used easily worldwide and nobody could ban it, it's even used a lot better than fiat sometimes.
I know if no one is able to stop bitcoin , but many are still many places that do not support the bitcoin . May be not only not support but did not accept bitcoin whose prices fluctuate because of fear of loss that would be obtained. If you are living in a remote area then that is given that bitcoins will be useless, you an internet to operate the transactions and I can say the bitcoins have already gone to far in terms of success because even in our country many are already aware and using bitcoins. In less developed countries they have already been using bitcoins although some establishments has not offered to accept bitcoins, the internet unites us in using bitcoins since it is internet money.
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