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Johnny00
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October 11, 2016, 05:59:12 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
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chaosknight
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October 11, 2016, 06:37:30 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
I don't think that any other cypto can take over bitcoins as bitcoin is the king of cryptos and also holds huge market cap and people have more faith in bitcoin in compare to others. |
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gentlemand
Legendary
 Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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October 11, 2016, 06:40:42 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
Bitcoin is the only crypto actually being used for anything. Nothing else is coming within a fraction of its capacity being strained. The fancy claims made by faster alts may instantly fall apart if they were subjected to actual ongoing and heavy usage. But I'm not convinced any alt will ever be put to the test in that manner. |
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kryptqnick
Legendary
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Activity: 3150
Merit: 1392
Join the world-leading crypto sportsbook NOW!
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October 11, 2016, 07:14:26 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
What is wrong with transactions? Are there any faster transactions than Bitcoin ones? I am not sure whether it is the same to everyone.. Maybe it depends on the amount of money or something else, but my transactions take about a minute or two. Why is it that I see people often complaing that transactions are not fast enough? |
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rickadone
Legendary
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Activity: 1176
Merit: 1024
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October 11, 2016, 07:15:48 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
Bitcoin is the only crypto actually being used for anything. Nothing else is coming within a fraction of its capacity being strained. The fancy claims made by faster alts may instantly fall apart if they were subjected to actual ongoing and heavy usage. But I'm not convinced any alt will ever be put to the test in that manner. You must be right with one good and simple example of having quicker block time. Bitcoin is having 10 minutes gap whereas many altcoins are having fancy less than minute gaps. Quicker block time will lead to support double spending as network will not get enough latency to have all the information of all transactions happened between blocks. More abusing by double spending will be the problem they are going to face whereas bitcoin's future is bright as it has all the features to withstand any heavy usage too. (block size also will have its feasible solution soon). |
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youhgt2
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October 11, 2016, 08:21:21 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
I don't think that any other cypto can take over bitcoins as bitcoin is the king of cryptos and also holds huge market cap and people have more faith in bitcoin in compare to others. yes that is rigt to say, to me as a time will come when all the other crypto currencies will be merge in bitcoin and all the people of he world will be using bitcoin instead of fiat currency. |
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madwica
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October 12, 2016, 02:51:58 AM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
I don't think that any other cypto can take over bitcoins as bitcoin is the king of cryptos and also holds huge market cap and people have more faith in bitcoin in compare to others. yes that is rigt to say, to me as a time will come when all the other crypto currencies will be merge in bitcoin and all the people of he world will be using bitcoin instead of fiat currency. Bitcoin has unstable price and it is the thing that investor lured because they see the potential profit to be gain in bitcoin and it helps to have great future, we should continue to use bitcoin and promote bitcoin to other people because adoption can make bitcoin stronger life. |
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pinkpanther03
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October 12, 2016, 03:23:15 AM |
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Is bitcoin a future proof currency?
It can be a proof currency in the long run base in my opinion. It is because bitcoin was a type of currency that can be adopt by the whole countries all over the world. If they will only see the vision of it. But it will really take a long period of time before it happen. Surely, sooner or later they will realize the edge and benefits of bitcoin for individuals worldwide. |
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hisuka
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October 12, 2016, 03:30:07 AM |
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The bitcoin future seems good. Since bitcoin was already
used by other people and its really being popular also in
other countries. Bitcoin is in demand because many businesses
use this and wants to earn more of bitcoin.
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shinratensei_
Legendary
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Activity: 3150
Merit: 1025
Leading Crypto Sports Betting & Casino Platform
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October 12, 2016, 04:43:21 AM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
No for the place of bitcoin, but yes for the features of bitcoin be old features and if there are new features are better than bitcoin and I think the other crypto will take it. so for a long time ago the position of bitcoin can take over by the another coin. |
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Skaven
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October 12, 2016, 01:52:16 PM |
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Is bitcoin a future proof currency?
There is no proof of the future of the Bitcoin being good but I believe in Bitcoin so I think that Bitcoin is only going to become bigger later on. Bitcoin is already doing good right now so with in a couple of years it will improve. |
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Whosdaddy
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October 12, 2016, 04:07:18 PM |
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Is bitcoin a future proof currency?
There is no proof of the future of the Bitcoin being good but I believe in Bitcoin so I think that Bitcoin is only going to become bigger later on. Bitcoin is already doing good right now so with in a couple of years it will improve. There will not be any need of any new proof other than what bitcoin had achived in the past. Usually, all things are speculated based on past performance. Bitcoin is having very good track of growth in last ~6 years. Hopefully bitcoin will repeat those growth again, so we can believe into bitcoin that it will have very good future. |
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audaciousbeing
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October 12, 2016, 04:38:31 PM |
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Is bitcoin a future proof currency?
There is no proof of the future of the Bitcoin being good but I believe in Bitcoin so I think that Bitcoin is only going to become bigger later on. Bitcoin is already doing good right now so with in a couple of years it will improve. There will not be any need of any new proof other than what bitcoin had achived in the past. Usually, all things are speculated based on past performance. Bitcoin is having very good track of growth in last ~6 years. Hopefully bitcoin will repeat those growth again, so we can believe into bitcoin that it will have very good future. There is nothing whatsoever that does not have a future, inclusive of bitcoin but he funny thing is that no one knows the future for certain as we can only make predictions by holding some factors constant and in the real sense, all factors cannot be held constant. So in the foregoing, I would also make the prediction of what I see about bitcoin which is more acceptance at the same time more regulations, in addition to increase in the value from today. |
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serjent05
Legendary
Offline
Activity: 2898
Merit: 1260
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October 12, 2016, 04:45:45 PM |
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Is bitcoin a future proof currency?
There is no proof of the future of the Bitcoin being good but I believe in Bitcoin so I think that Bitcoin is only going to become bigger later on. Bitcoin is already doing good right now so with in a couple of years it will improve. Lol, what proof are you looking? The only proof we can see in Bitcoin is the code and the community around it. Isn't million of supporter enough to tell you that Bitcoin has future and it is very good? If you are still in doubt, you can check the code of it if it is ready to be upgraded anytime the situation needed an update or add-on feature. I think bitcoin have both. |
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Sunflower1992
Newbie
Offline
Activity: 13
Merit: 0
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October 12, 2016, 04:48:03 PM |
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Bitcoin will be featured regularly in the Remittance World  |
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Aamir1
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October 12, 2016, 04:57:06 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
There would probably be some solution to slow transactions in near future but i personally have never experienced any delays in transactions, maybe it occurs when you are sending more than one bitcoin which i never did. |
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prabowo96
Full Member
Offline
Activity: 238
Merit: 100
it's showtime
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October 12, 2016, 06:01:45 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
Not necessary... It depends where people use the coin, for example, bitcoin isn't a good deal for a market but it's ok to online shops and others transactions... For sure good altcoins have a space too in the world. |
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greBit
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October 12, 2016, 07:04:13 PM |
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Transactions need to be faster. can't have this hold up. Other currencies will take over?
There would probably be some solution to slow transactions in near future but i personally have never experienced any delays in transactions, maybe it occurs when you are sending more than one bitcoin which i never did. There is no problem in transaction time if you add higher fees and I am sure you will never face the problem of delay in confirmation and time and your transaction will get confirmed in maximum 20 minutes. |
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newcoins1978
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October 18, 2016, 02:18:00 PM |
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Is bitcoin a future proof currency?
Not sure on what the future of the Bitcoin is going to be like because looking in to the future of the Bitcoin is impossible. You never know what is going to happen to the Bitcoin, it may die or it may be even bigger. |
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elDano
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October 18, 2016, 02:21:53 PM |
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i think that bitcoin is going to replace all worlds money because the technology is really great and it is impossible for governments to have impact on bitcoins also its impossible to hack this technology
I think there's a potential bright future. I don't think it's going to be replacing other money anywhere near our lifetimes. Governments could do plenty to strangle it if they chose to. Right now all they have to do is shut down all the exchanges and it's pretty much good night. A small hard core of Bitcoin only commerce might remain but most users and almost all businesses would fall away. You realise that Bitcoin does not exist in a vaccuum? That other trends exist that put that scenario in doubt? The only way Bitcoin will fail to replace other currencies in your lifetime will be if you're already almost dead. I dont think that the future of the bitcoin will be that positive becuase lot of peopel are not getting much attention to the future of the bitcoin they life today and want to make money right now. |
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