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Author Topic: Is bitcoin is the new era of currency?  (Read 72006 times)
batang_bitcoin
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July 06, 2017, 06:37:17 AM
 #661

As time goes on, Bitcoin will be generally accepted and at that time, Bitcoin is money or new currency in whole world lots of stablishments and stores accepts bitcoin and it can use to pay bill like internet,water and electric.

The time is fast and bitcoin is already becoming popular. People are using more crypto's in order to be dependent. That's why bitcoin is supposed to be the new era currency. And I've been using bitcoin for paying my bills and I don't have any inconvenience with it, I love bitcoin the way it is as the new era of currency.



 

 

 

 

 

 


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Drnice
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July 06, 2017, 07:00:56 AM
 #662

As time goes on, Bitcoin will be generally accepted and at that time, Bitcoin is money or new currency in whole world lots of stablishments and stores accepts bitcoin and it can use to pay bill like internet,water and electric.

The time is fast and bitcoin is already becoming popular. People are using more crypto's in order to be dependent. That's why bitcoin is supposed to be the new era currency. And I've been using bitcoin for paying my bills and I don't have any inconvenience with it, I love bitcoin the way it is as the new era of currency.
Bitcoin is truly the new currency to the era which is yet to come, because it has for now not been generally accepted but in the future it will be so familiar to everybody.
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July 06, 2017, 07:08:43 AM
 #663

As time goes on, Bitcoin will be generally accepted and at that time, Bitcoin is money or new currency in whole world lots of stablishments and stores accepts bitcoin and it can use to pay bill like internet,water and electric.

The time is fast and bitcoin is already becoming popular. People are using more crypto's in order to be dependent. That's why bitcoin is supposed to be the new era currency. And I've been using bitcoin for paying my bills and I don't have any inconvenience with it, I love bitcoin the way it is as the new era of currency.
Though the adoption is not yet that big but it's quite obvious this will continue to increase and will result to an increasing price as well. Imagine if this will widely used and governments will figure out how to regulate this, I am sure the confidence of the people will increase and they will use it without any doubts especially those people who loves to do online transaction, and we us investors will also be benefited due to increasing demand.

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July 06, 2017, 07:43:17 AM
 #664

Years back itself the new era in the currency has come to use, but it took little time to be popular. Now it has gained more and more support as a currency similar to the real currency though it has got only the virtual presence. After the card system, something to make an evolution in the currency system as well in a form of technology it has grown high.

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July 06, 2017, 08:53:16 AM
 #665

I think still need stage could ensure bitcoin is the new era of currency, confirming that too long a reason for blocking the bitcoin, this should be immediately solved.


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July 06, 2017, 08:58:27 AM
 #666

Yes, bitcoin is the new Internet money. I hope he will live forever and it will be possible with his help to earn and make purchases anonymously.

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July 06, 2017, 09:12:22 AM
 #667

As guess as my thinking, bitcoin is not a new era now. bitcoin acceptance issue is almost world wide right now & it is accepted some of bank of some countries.
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July 06, 2017, 10:37:36 AM
 #668

There is no perfect answer for this question. Still, some countries and banks not accepted the bitcoins. Of course, in some markets, Bitcoin is establishing its footprints. In future, bitcoin will have a great move. We will hope best.
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July 06, 2017, 10:44:03 AM
 #669

Bitcoin has a deflationary nature.
What is the main problem of the economy based on the deflationary currency? Stagnation. Roughly speaking, the constantly growing exchange rate encourages people not to spend money, but to accumulate them. In addition, the ability to profit from simple savings saves people from the need to produce goods and services. The result is a severe crisis of the entire economy, because society can not live in prosperity when no one does anything.
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July 06, 2017, 10:45:20 AM
 #670

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 has grown so much in this past years, and i hope it will continue to grow even more. Bitcoin has set new rules for future currency, and when we take a closer look we can see that one day bitcoin could be future currency. I have heard there are some restaurants in my country that accept bitcoin as way of paying, buy i have not been to any of those. More and more places start accepting bitcoin, and that is great.
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July 06, 2017, 10:52:41 AM
 #671

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?
Definitely,bitcoin is the new innovative currency.It was created by satoshi as a decentralized currency.But it could not be easily earned nowadays.The increasing demand for bitcoins has made it difficult to earn.It is the new money.It has revolutionized the world economy.Due to high transaction fee,it was difficult these much days to buy foods and other products.But after activation of segwit,we could expect to buy such goods easily.
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July 06, 2017, 11:10:39 AM
 #672

Bitcoin will definitely be the new era of currency. It is simple, easy to use and makes sense. The problem with normal currency is that it is centralised and is subject to a lot of external entities that can influence it negatively. The main good thing with bitcoin is that it is decentralised and that means that its stability and value only depends on its users. Bitcoin can not crash as its popularity is just starting to take off. Users will want its fast and convenient features that wired money and cash cannot provide. The only problem with bitcoin is that it might get replaced with an alternate coin such as ethereum. If it does not, then its safe to say that Bitcoin will be the new era of currency for the future. However, the decentralised way of operating a currency might mean less security features that it can provide for the end user/ holder of an account. In Australia, if your money gets stolen by an indivu al, the bank will replace it, no matter the  occasion - no matter the amount. Its hard to see Bitcoin wallets providing these features for its customers.
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July 06, 2017, 11:12:46 AM
 #673

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?
Definitely,bitcoin is the new innovative currency.It was created by satoshi as a decentralized currency.But it could not be easily earned nowadays.The increasing demand for bitcoins has made it difficult to earn.It is the new money.It has revolutionized the world economy.Due to high transaction fee,it was difficult these much days to buy foods and other products.But after activation of segwit,we could expect to buy such goods easily.
Segwit is such a big help for bitcoin and also for the users of bitcoin because it will help the bitcoin user to transact faster and easier without having any problem like the slow confirmation time that is already a problem for about a few months. Bitcoin is getting crowded and this kind of upgrade for its system will give more chance to other people to still experience the promised features of bitcoin.
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July 06, 2017, 11:25:54 AM
 #674

As time goes on, Bitcoin will be generally accepted and at that time, Bitcoin is money or new currency in whole world lots of stablishments and stores accepts bitcoin and it can use to pay bill like internet,water and electric.
The more advanced the bitcoin technology will become known because the world will begin to know that digital currency will be better to use and that's when bitcoin became the only currency that fits in that era and bitcoin will begin to be received in various places, it will happen soon
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July 06, 2017, 07:40:09 PM
 #675

As time goes on, Bitcoin will be generally accepted and at that time, Bitcoin is money or new currency in whole world lots of stablishments and stores accepts bitcoin and it can use to pay bill like internet,water and electric.

The time is fast and bitcoin is already becoming popular. People are using more crypto's in order to be dependent. That's why bitcoin is supposed to be the new era currency. And I've been using bitcoin for paying my bills and I don't have any inconvenience with it, I love bitcoin the way it is as the new era of currency.
Bitcoin is truly the new currency to the era which is yet to come, because it has for now not been generally accepted but in the future it will be so familiar to everybody.

Not actually generally accepted, the people and the countries aren't that aware that there is a crypto that is existing and that is bitcoin. But look on how fast Japan did adopted bitcoin in their country, there are a lot of stores now that accepting bitcoin. We know they are a country that is very good in terms of technology so that's a good thing to be considered.



 

 

 

 

 

 


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July 07, 2017, 08:15:53 AM
 #676

bitcoin there are already nearly 10 years and its impact in the field of economics was not significant, I do not agree if it says bitcoin is new era of currency.
When we say the new era of currency that means we will be surpassing the popularity of the currency that are regulated by the government, and IMO this will not happen since the power of the government is very strong as they make and regulate laws. Bitcoin is still the best currency but only considered as crypto currency only, which is a tool to transact online with ease but not possible without people who spend their fiat to convert with bitcoin.
Bitcoin should be considered the new of currency with a few simple facts. No other currency has achieved so much and increased its value by a huge market except for bitcoin.

In over a mere 8 years, the value of bitcoin has increased from a few cents in 2008 to twenty-six hundred dollars in 2017. Crypto-currency especially bitcoin has also taken the online market including the global market like a wildfire. It has already surpassed many other currencies and is still rapidly increasing its value.
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July 07, 2017, 12:34:22 PM
 #677

bitcoin there are already nearly 10 years and its impact in the field of economics was not significant, I do not agree if it says bitcoin is new era of currency.
When we say the new era of currency that means we will be surpassing the popularity of the currency that are regulated by the government, and IMO this will not happen since the power of the government is very strong as they make and regulate laws. Bitcoin is still the best currency but only considered as crypto currency only, which is a tool to transact online with ease but not possible without people who spend their fiat to convert with bitcoin.
Bitcoin should be considered the new of currency with a few simple facts. No other currency has achieved so much and increased its value by a huge market except for bitcoin.

In over a mere 8 years, the value of bitcoin has increased from a few cents in 2008 to twenty-six hundred dollars in 2017. Crypto-currency especially bitcoin has also taken the online market including the global market like a wildfire. It has already surpassed many other currencies and is still rapidly increasing its value.
Bitcoin is already considered as a currency and the other countries only should do is to accept bitcoin and apply its system in their country because bitcoin is keep on growing and accepting bitcoin and applying it on their current system will help them in a lot of ways and also in overall economic growth because bitcoin is a good cryptocurrency and also an investment.
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July 07, 2017, 02:08:58 PM
 #678

On my opinion base on my observation bitcoin is the new era of currency because formerly we use of barter treading and that time people didn't use money  but now we are using money by means of payment in form of coins and paper money and also now there is a bitcoin, it is a digital money discovered and exist in this word  and accepted by means of payment. Bitcoin is the most efficient money right now.

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July 07, 2017, 02:30:59 PM
 #679

On my opinion base on my observation bitcoin is the new era of currency because formerly we use of barter treading and that time people didn't use money  but now we are using money by means of payment in form of coins and paper money and also now there is a bitcoin, it is a digital money discovered and exist in this word  and accepted by means of payment. Bitcoin is the most efficient money right now.
It seems that there are still many issues to be solved, we all know that the confirmation of transactions up to a week continues to increase, even more than 300k reports declare unconfirmed transactions, this is certainly worrisome because if users continue to increase then more and more problems.
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July 07, 2017, 03:04:44 PM
 #680

Yeah, new era of currency indeed because this age is already the digital age. Currency is slowly turning into an online currency. It is almost time to say goodbye to fiat. But let's just wait for bitcoin to really prove it can replace fiat all the way.
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