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Author Topic: When will be see bitcoin as international currency?  (Read 21156 times)
BitLinkInvestments
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September 10, 2016, 12:22:19 PM
 #221

by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.
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September 10, 2016, 12:42:42 PM
 #222

by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.
is there any reason for you to predict that in 2020 there will be financial crisis or it's just unreasonable speculation or just say it's just bullshit
I could agree with your point that in few years maybe bitcoin's price will be skyrocketing but talking thing that's not happened yet without any reason is just nonsense

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September 10, 2016, 01:08:34 PM
 #223

Bitcoin as an international currency I guess it was not possible. Because bitcoin digital currency is so it can not become an international currency. If you want to become an international currency bitcoin must create a form that could be used in real life. Highly unlikely I think digital currency could become an international currency.
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September 10, 2016, 01:15:28 PM
 #224

Well, if you look it from the perspective that Bitcoin is available everywhere, in any country in the world, in digital form, than Bitcoin is already international currency.
Original purpose of bitcoin is not to replace offline money but to offer new, revolutionary way of payments online and it's vision for financial freedom and how to get rid from the banks.
So, I don't think really that Bitcoin will ever become ''true'' money and replace some official currency in the world, in any country.

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Aamir1
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September 10, 2016, 03:42:28 PM
 #225

by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.

No one can really know when that is going to happen, it does not depend on the price though price would automatically grow up if it gets adopted everywhere but basically it depends on adoption level to make bitcoin accepted internationally.
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September 10, 2016, 03:45:15 PM
 #226

by 2020 easily.

We will see very soon another financial crisis similar to 2008.  Btc will skyrocket.

No one can really know when that is going to happen, it does not depend on the price though price would automatically grow up if it gets adopted everywhere but basically it depends on adoption level to make bitcoin accepted internationally.

Yes if we find massive adoption in future then it will become an international currency and it will also take price to higher level, but I don't think that it will happen sooner.
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September 10, 2016, 03:48:20 PM
 #227

Bitcoin as an international currency I guess it was not possible. Because bitcoin digital currency is so it can not become an international currency. If you want to become an international currency bitcoin must create a form that could be used in real life. Highly unlikely I think digital currency could become an international currency.

I think bitcoin is possible to be an international currency but it will takes a long time to be an international currency. But it's possible for bitcoin, maybe for the next 5 years.
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September 10, 2016, 03:49:18 PM
 #228

No government would ever adopt a currency that's so easily concealed
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September 10, 2016, 03:52:49 PM
 #229

possible, but bitcoin prices should be stable as other currencies. because it is too risky if the bitcoin price volatility into currency international.
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September 10, 2016, 03:59:43 PM
 #230

Bitcoin as an international currency I guess it was not possible. Because bitcoin digital currency is so it can not become an international currency. If you want to become an international currency bitcoin must create a form that could be used in real life. Highly unlikely I think digital currency could become an international currency.

I think bitcoin is possible to be an international currency but it will takes a long time to be an international currency. But it's possible for bitcoin, maybe for the next 5 years.
I think its already been international currency because anywhere you can use bitcoin online but you can not use it locally you can exchange them depends where you are from.. But i think almost world wide are using bitcoin or collecting bitcoin.
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September 10, 2016, 04:30:01 PM
 #231

possible, but bitcoin prices should be stable as other currencies. because it is too risky if the bitcoin price volatility into currency international.

I don't think it is just stability in prices we need, what is more important is that governments will treat bitcoin the same as any other currencies.
This will create room for speculators to trade bitcoin on more exchanges, while consumers can use it to pay for goods.
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September 10, 2016, 04:56:25 PM
 #232

Bitcoin is not an  international currency yet , its usage is too limited and  many people are still not aware about, it can be international  currency only when it will be widely  used and accepted.
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September 10, 2016, 05:00:30 PM
 #233

Bitcoin is not an  international currency yet , its usage is too limited and  many people are still not aware about, it can be international  currency only when it will be widely  used and accepted.

People from majority of countries have started using it but still we need more development in bitcoin infrastructure and once it is done in future we may see it used at international level.
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September 10, 2016, 06:47:35 PM
 #234

Well, if you look it from the perspective that Bitcoin is available everywhere, in any country in the world, in digital form, than Bitcoin is already international currency.
Original purpose of bitcoin is not to replace offline money but to offer new, revolutionary way of payments online and it's vision for financial freedom and how to get rid from the banks.
So, I don't think really that Bitcoin will ever become ''true'' money and replace some official currency in the world, in any country.
That is exactly the case, we need to consider. Bitcoin is already being used globally so it can be considered international currency. I am kind of tired of seeing people asking when will bitcoin take over and change the currencies in the world.
Bitcoin and fiat aren't even the same thing.
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September 10, 2016, 09:27:44 PM
 #235

Maybe we will see this soon, cause i heard somewhere that Japan want to accept bitcoins as legal currency, but anyway nowdays it's still banned somewhere Grin

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September 10, 2016, 09:50:27 PM
 #236

People are divided about this question, many think bitcoin will become international currency soon, and even more people thinks bitcoin is international currency already. I belong to group that believe that bitcoin is international. All signs are here, people from all over the world are here, trading and exchanging bitcoins in any currency they wish. What we need more, what kind of proof would satisfy people who don't believe yet? Bitcoins can just become more accepted and used in this world.

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September 10, 2016, 11:25:07 PM
 #237

possible, but bitcoin prices should be stable as other currencies. because it is too risky if the bitcoin price volatility into currency international.
I think that's not a problem even though the price of bitcoin is not stable or fluctuating I'm sure there are many people who would be interested in bitcoin. even the main attraction or magnetism of bitcoin is due to fluctuations? and many people from all over the world started using bitcoin for that reason
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September 10, 2016, 11:43:00 PM
 #238

I think bitcoin will never be international currency because its already international currency online.. and world wide.
because i think every each country know about bitcoin..
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September 10, 2016, 11:44:54 PM
 #239

As people are awarding of bitcoin & its potential.When we can see bitcoin as international currency? Huh

now bitcoin is "The International Crypto currency" and i think all people who know bitcoin will be accept bitcoin as payment processor.
i think bitcoin can't replace Us dollar as number 1 currency, but if chnese release his offiicially cryptocurrency im sure chinese can beat Us dollar.

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September 10, 2016, 11:49:46 PM
 #240

I think bitcoin will never be international currency because its already international currency online.. and world wide.
because i think every each country know about bitcoin..
I definitely agree with you. Bitcoin is already used all over the world and I doubt any country would declare Bitcoin as their official currency.
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