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Author Topic: Is bitcoin is the new era of currency?  (Read 72008 times)
KrisAlex18
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June 27, 2017, 12:51:58 PM
 #601

Due to the fact that bitcoin is making a big noise. We can conclude that bitcoin might be the future's currency for the new era. It is easy to access and can be converted into cash to buy stuffs. And also we can say this because the new era is all about improvement of technology and bitcoin is accessed through it.
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June 28, 2017, 07:35:39 AM
 #602

Bitcoin right now is mostly used for online purchases, in my opinion, Bitcoin will grow a lot since it has been receiving a lot of media attention, especially after the Japan incident with it accepting bitcoin now. Probably in the future when bitcoin becomes more widespread Bitcoin will probably be used frequently especially for smaller purchases like buying online items
Bitcoin indeed is the new era of currency right now. And it is a good investment for pur future so we should earn now and worryless. Our world has been changing we should go with the flow of the changing technology now. And it will be easy for us to have money for the future. Bitcoins is the new era.

Many people still do not agree to believe that our world has changed. Some live as before and do not want to use new technologies. Only a small number of people accepted the Cryptocurrency. But there is a chance that in the future this amount will increase
Yes, a lot of people do not agree with the statement that the world is changed but its because of the difference of the life style of people of different countries. Peoples in third world countries have limited access to the internet and the local market structure for sale and purchases of commodities. But still I believe that bitcoin is the new era of currency after barter and traditional currency system.
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June 28, 2017, 07:48:42 AM
 #603

Lol funny to hear this because i know for sure that the bitcoin is not holding that long if the goverment is getting informations about the payments they make with illegal activities they need to find something else and that wont be good for the price of the bitcoin off course.
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June 28, 2017, 08:41:39 AM
 #604

It seems like it will happen because bitcoin will grow rapidly in new era.
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June 28, 2017, 12:45:54 PM
 #605

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
It can be, because as all we know it is exchangeable into a real money now. I think in the future we do not need to exchange it to a real money because we can buy things and stuff using it, using bitcoins. As of now there is some establishments who entertained and accepted bitcoin as a payment and with that i can assumed that in the future it will be our new modern currency.
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June 28, 2017, 01:30:27 PM
 #606

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
It can be, because as all we know it is exchangeable into a real money now. I think in the future we do not need to exchange it to a real money because we can buy things and stuff using it, using bitcoins. As of now there is some establishments who entertained and accepted bitcoin as a payment and with that i can assumed that in the future it will be our new modern currency.
For sure in the future we will able to use our bitcoin to buy things and services without worrying if they are accepting bitcoin or not because a lot of stores now are thinking about accepting bitcoin because they finally realized the significance of bitcoin as a currency. Bitcoin is one of the best currency so far so it is not possible to see it over the world as an accepted payment option.
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June 28, 2017, 01:55:08 PM
 #607

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
It can be, because as all we know it is exchangeable into a real money now. I think in the future we do not need to exchange it to a real money because we can buy things and stuff using it, using bitcoins. As of now there is some establishments who entertained and accepted bitcoin as a payment and with that i can assumed that in the future it will be our new modern currency.
It was necessary immediately to say then such a future will happen. The fact is that in the next 10 or 20 years I think people will not be ready to completely switch to the digital currency. But Bitcoin Of course it will be one of the currencies given to the chutney to earn real money. Although in my opinion it is not suitable as a means of payment for crypto currency.
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June 28, 2017, 02:06:52 PM
 #608

The fact that the state today completely want to translate the calculations of citizens and businesses by bank transfer, then it really is. The digital currency is very much being introduced into everyday life and I think that it will be very quick to switch to a full digital payment of all accounts. Bitcoin can also be very fast, but only after the legalization of the country's crypto currency.

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June 28, 2017, 03:12:44 PM
 #609

The fact that the state today completely want to translate the calculations of citizens and businesses by bank transfer, then it really is. The digital currency is very much being introduced into everyday life and I think that it will be very quick to switch to a full digital payment of all accounts. Bitcoin can also be very fast, but only after the legalization of the country's crypto currency.

Almost all around the world have known bitcoin, they are studying bitcoin, because in addition can be a tool of transactions such as cash, bitcoin can be one of the savings that can be a bigger flower in waktubmendatang, so from that many consider bitcoin as a type of currency new
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June 28, 2017, 06:31:46 PM
 #610

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Bitcoin digital currency system is difficult to become the currency of the future, because the confidence and acceptance of the conventional currency is still so great.At the world level is still the paper currency as a legitimate and dominant payment instrument used by a wide audience.
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June 29, 2017, 01:58:47 PM
 #611

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

Using bitcoin to buy food in the future is not far to happen.  As time passed by, technology rises. So, more people learn how to use cryptocurrencies on their daily transactions.  More countries and establishment nowadays recognize bitcoin as a new form of currency. Just imagine, if we can use bitcoin in all of our daily transaction, you can do everything even you don't have cash on hand.  I am so excited to see that happen.
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June 29, 2017, 02:08:54 PM
 #612

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Yes its a new currency in the internet because it is number 1 virtual currency. I consider bitcoin as a money because I can used it like that. In just converting it into fiat. I can now hold it and buy what I want. As of now bitcoin cant buy foods and other things but I think if government will accept it in the future then it can be used for that.

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June 29, 2017, 02:18:54 PM
 #613

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.
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June 29, 2017, 02:27:41 PM
 #614

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

Using bitcoin to buy food in the future is not far to happen.  As time passed by, technology rises. So, more people learn how to use cryptocurrencies on their daily transactions.  More countries and establishment nowadays recognize bitcoin as a new form of currency. Just imagine, if we can use bitcoin in all of our daily transaction, you can do everything even you don't have cash on hand.  I am so excited to see that happen.
and i think that is already happening in some places, for example in Brazil there are some shops who are accepting bitcoin for shopping there and may be there are some restaurant who are also accepting bitcoin from their customers. and i am also very much hopeful that very soon we will also be able to use bitcoin in our shops  for shopping.
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June 29, 2017, 02:27:46 PM
 #615

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.
You might be right though I am pretty sure that Bitcoin is only helping the other Currencies within the world to survive and get into places much faster than they could before.

Digital Payments is what's bringing more Currencies close to each other while having the Government act like they don't like it then they build a system similar to it.

 
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June 29, 2017, 03:01:47 PM
 #616

I don't think that countries with a strong currency like the USD or EUR will use Bitcoin on a mass scale, however, Bitcoin will be extremely useful where fiat currency failed. Hopefully, people in failed states will recognize the universality of bitcoin and will adopt it. There will be resistance from the government since dictatorships always want to control the currency, but if the people prevail it can pave the way for a financial revolution in the world.
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June 29, 2017, 03:54:44 PM
 #617

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.

Paypal, VIsa, Mastercard are established players. They can't be dislodged easily. Only when the advantages of Bitcoin (in terms of price saving) become apparent, will Bitcoin stand a chance.


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June 29, 2017, 04:01:24 PM
 #618

I see bitcoin very well and easily taking the place of currency and becoming a globally used one, replacing them might be a hard thing but I see bitcoin usable worldwide (in addition to other currencies) in a way similar to USD now, being accepted everywhere.
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June 29, 2017, 04:05:16 PM
 #619

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.

The fun part being that Bitcoin offers the benefits of both virtual payments AND cash. Once scaling and the fee market is resolved, that is :/

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June 29, 2017, 08:26:13 PM
 #620

In one way or another Bitcoin is representing the next era of coins.
We can never know if bitcoin will hold as #1 currency and there might be an amazing new coin that will try and eventually succeed to replace the bitcoin.

It's hard to replace bitcoin more hard, because bitcoin is the most established and the most famous of all the other crypto currencies and now you should know that bitcoin has become legalized by few countries and more countries are thinking about its legalization now, so if the other coin come out to compete with bitcoin then it will be very difficult for them to take the place of bitcoin, however some coins are present but even they did not win over bitcoin, so bitcoin will be as # 1 forever and the new era of currency.
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