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rio3233
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September 30, 2016, 10:55:23 AM |
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If bitcoin became a legal currency, many people will notice bitcoin and start using bitcoins. It will give a good impact into bitcoin for sure and the price of bitcoin can increase.
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ultrloa
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September 30, 2016, 12:47:21 PM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
Price will raise to 1000$ - 1500$ for one coin. That's huge.prediction but i think the price will be lesser and coins will be controlled if this coin will be controlled by the government, and also maybe the acceptance of bitcoin will spread and the numbers of users will increase if this coin will really became legal, the only thing disadvantage see's for bitcoin to became legal is the limit supply will be controlled by them and surely traders will stop earnings for tradings since the movements of bitcoin will became smaller. |
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easy68
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September 30, 2016, 02:08:20 PM |
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If bitcoin accepted as a legitimate currency, which will be included in the history, bitcoin prices will surge. Although I hope so, but this change is not realized in the near future, just ten years or twenty years.
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BitcoinExpart
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September 30, 2016, 02:40:32 PM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If bitcoin became a legal currency,This will be a big advantage for all of us specially who are associated with bitcoin deeply. In this case there's a big chance value of bitcoin will be increasing and everyone who owns a decent amount of btc will be rich.It will be possible when Bitcoin use by world wide not just in one country. |
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wowanstrong
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October 01, 2016, 03:52:05 PM |
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currently bitcoints already in use around the world. And if he becomes the official currency of the collapse the entire system of economic theory
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icecube45
Legendary
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Activity: 1218
Merit: 1000
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October 02, 2016, 07:52:03 AM |
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Yes if bitcoin be legal currency would definitely use it a lot and started to develop it into a business. Deployment of bitcoin will be very wide and big that many people use. Bitcoin will be greatly advanced if it becomes legal currency, but it was not easy for bitcoin.
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tabas
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October 02, 2016, 05:35:11 PM |
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Then the competition for all of us will going to be tough enough as that is going to add a lot of users if this is going to be implemented. And for sure many people are going to start up businesses with bitcoins so if making bitcoin is going to be a legal currency to a country then that is going to boost the whole bitcoin industry.
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pedrog
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Merit: 1031
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October 02, 2016, 06:31:01 PM |
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Then the competition for all of us will going to be tough enough as that is going to add a lot of users if this is going to be implemented. And for sure many people are going to start up businesses with bitcoins so if making bitcoin is going to be a legal currency to a country then that is going to boost the whole bitcoin industry.
Bitcoin is legal in most countries... |
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varyspro
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October 03, 2016, 01:52:02 PM |
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If bitcoints become legal currency, its value will rise. it will be convenient payment system worldwide. No need to convert currency. Exchange offices will be unnecessary
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pocarime32
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October 03, 2016, 02:10:26 PM |
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If bitcoin became a legal currency, it will be a good news for bitcoin. I'm sure many people will start using bitcoin and bitcoin become popular around the world. The price of bitcoin also increase.
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DomesticTrader
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October 05, 2016, 02:46:45 PM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
I think that the first thing that would be done is the government putting tax over it for some stupid reason which I am not going to agree with. What I do think that would be good is it becoming more secure which is a plus. |
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fatima zuhra
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October 05, 2016, 10:05:02 PM
Last edit: October 06, 2016, 07:19:18 AM by fatima zuhra |
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bitcoin will become more popular currency in the world if al the countries of the world accept itcoin as a legal currency. then more people will like to invest in bitcoin they will use bitcoin for multi purposes.
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MTBTT
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October 05, 2016, 10:29:43 PM |
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Bitcoin is world wide, so it would be hard for let say the US to make it part of it's currency.
yeah of course bitcoin will be more widely used by the world, I'm sure if bitcoin become legal it will be more new adopter anymore and I can assure that you will get the ease of using bitcoin |
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xIIImaL
Legendary
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Activity: 1372
Merit: 1005
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October 06, 2016, 02:39:30 AM |
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Bitcoin is world wide, so it would be hard for let say the US to make it part of it's currency.
yeah of course bitcoin will be more widely used by the world, I'm sure if bitcoin become legal it will be more new adopter anymore and I can assure that you will get the ease of using bitcoin As I know, in my surroundings most of people with project holding only knows about bitcoin. If bitcoin becomes legal in every country all out sourcing projects will be with btc and they will start project with Bitcoin in MNC as well. |
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bitlancr
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October 13, 2016, 03:15:25 PM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If that would happen then I think that they are going to put some kind of tax on it which I am not going to agree with because I have earned that. They are also going to ask more personal information and keep check of what you are doing with the Bitcoin. |
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Ryananda
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October 14, 2016, 08:18:12 AM |
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If the bitcoin currency became legal throughout the world that will make bitcoin is very easy to develop. Because certainly if bitcoin be legal currency will be used by many people in the world be it investment, transaction, or adopted as a method of payment.
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Jasad
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= jasad =
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October 14, 2016, 08:47:49 AM |
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If the bitcoin currency became legal throughout the world that will make bitcoin is very easy to develop. Because certainly if bitcoin be legal currency will be used by many people in the world be it investment, transaction, or adopted as a method of payment.
not as easy as you said kido , there a lot of work to do to make bitcoin much more established , but once bitcoin legalized as real currency and accepted in most country by each government , i think it is the real revolution of global economy. |
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drwtsn32
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October 14, 2016, 08:49:07 AM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
Price will raise to 1000$ - 1500$ for one coin. That is not impossible to happen but if that really came true, I'm sure that bitcoin will be more difficult to earn. As a legal currency, we shall expect more people to use it so the demand will increase, thus the price, thus the supply decreases. |
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deisik
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Merit: 1280
English ⬄ Russian Translation Services
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October 14, 2016, 08:57:55 AM |
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Then the competition for all of us will going to be tough enough as that is going to add a lot of users if this is going to be implemented. And for sure many people are going to start up businesses with bitcoins so if making bitcoin is going to be a legal currency to a country then that is going to boost the whole bitcoin industry.
Bitcoin is legal in most countries... As I understand it from what the OP meant to say in the opening post, he was referring to Bitcoin as a legal tender, with which you can legally pay (or collect, for that matter) taxes and duties. Given that, Bitcoin is nowhere near this, not in a single country (if we don't consider some pseudo "states" like Sealand). The Russian government was going to officially recognize it as a "foreign currency", though... But this still doesn't cut it as a legal tender |
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Umotand
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October 14, 2016, 05:55:32 PM |
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Then the competition for all of us will going to be tough enough as that is going to add a lot of users if this is going to be implemented. And for sure many people are going to start up businesses with bitcoins so if making bitcoin is going to be a legal currency to a country then that is going to boost the whole bitcoin industry.
Bitcoin is legal in most countries... As I understand it from what the OP meant to say in the opening post, he was referring to Bitcoin as a legal tender, with which you can legally pay (or collect, for that matter) taxes and duties. Given that, Bitcoin is nowhere near this, not in a single country (if we don't consider some pseudo "states" like Sealand). The Russian government was going to officially recognize it as a "foreign currency", though... But this still doesn't cut it as a legal tender The bitcoin might not be the legal tender. But if a government can accpet it as a tax payment, that is excellent. |
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