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Author Topic: Is bitcoin is the new era of currency?  (Read 72010 times)
DannyDisco
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September 27, 2016, 03:05:31 AM
 #21

New era of currency maybe not, but Blockchain perhaps yes.

mruiter
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September 27, 2016, 03:09:35 AM
 #22

For me it's the only currency!

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Indrawan77
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September 27, 2016, 03:22:32 AM
 #23

Yes it is, bitcoin is the first digital currency that appears, it's the first step to decentralized and financial freedom, so bitcoin is the pioneer of the new era of currency and new currency for digital transaction
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September 27, 2016, 04:15:30 AM
 #24

Its one of many currencies though it is by far the best one, the best to transfer across the planet

quickly cheaply n efficiently, comparing the cost of Bitcoin to Fiat is like getting the same

amount of comparable energy output of the sun but only putting the amount of energy

in needed to light an LED diode, while with Fiat the output is the Energy of the Sun and

the cost is the energy input of the whole universe.

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September 27, 2016, 04:46:59 AM
 #25

I guess so
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September 27, 2016, 04:52:40 AM
 #26

Bitcoin, as of the moment, is the leading cryptocurrency available to us. We don't know if that will be the case 20 years from now, when everything will most likely be so technologically advanced. Will bitcoin be able to adapt to the fast changing times and be relevant in the future? I guess it is up to us who supports bitcoin and those developers who are in charge of making bitcoin the leader of the pack.
DannyDisco
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September 27, 2016, 04:56:45 AM
 #27

Well you guys have to understand that even as times move on, bitcoin will also evolve. Im looking forward to new use cases. The bitcoin team are always testing out new protocols.

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September 27, 2016, 05:05:29 AM
 #28

I think so, Bitcoin in the other country are now very popular like in the Australia, China, London, and etc. So it can be the new era sooner or later there is a big possibility to be happen. Smiley
thats right the potential of being recognized as a new era money is not far from this project as bitcoin already been used by some big countries anytime soon many countries will follow.
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September 27, 2016, 05:15:37 AM
 #29

I see bitcoon as a payment method for certain online services.
And I see bitcoins as a form of investment for people who are willing to put their money into a little bit more risky forms of investment.
But I don't see bitcoin to be the next us dollar.
The amounts that are traded and the market capitalization are still way to small to be able to talk about something like an era.

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September 27, 2016, 05:22:35 AM
 #30

If say about 10 000 000 people out of the estimated 7.8 billion people of the world are using it, it will not be seen as the new era of currencies. On the other side, Bitcoin has only been in circulation for about 7 years, or even less. We still have a long way to go, but because it is digital and fast, it would spread a lot quicker than fiat currencies. ^smile^

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davis196
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September 27, 2016, 06:14:31 AM
 #31

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?

I don`t think that bitcoin is trending worldwide,it isn`t that popular.

Yes, a lot of people think that bitcoin is the new era of currencies.

"Can we use it buying goods and etc. in the future?"-Why are you asking this?

JITENDERPAR3
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September 27, 2016, 06:24:27 AM
 #32

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?
yeah , in the future of bitcoin we will not only buy giid stuff only but we will receive our job payment in bitcoin . that will be a bright appurtunity for the bright future of bitcoin .
ajun96
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September 27, 2016, 06:28:29 AM
 #33

If say about 10 000 000 people out of the estimated 7.8 billion people of the world are using it, it will not be seen as the new era of currencies. On the other side, Bitcoin has only been in circulation for about 7 years, or even less. We still have a long way to go, but because it is digital and fast, it would spread a lot quicker than fiat currencies. ^smile^
I think the development of bitcoin will depend on the growth of users as well, so I think if bitcoin users reaches hundreds of millions of users or even reach 1 billion, I can imagine that bitcoin is very famous and popular, and very likely that era have bitcoin
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September 27, 2016, 06:37:22 AM
 #34

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 , it is new way of payment and new growing currency for the whole world . i think in the incoming time of future everywhere will a option for bitcoin . because of its huge it became a most succeful currency .
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September 27, 2016, 06:40:14 AM
 #35

I see bitcoon as a payment method for certain online services.
And I see bitcoins as a form of investment for people who are willing to put their money into a little bit more risky forms of investment.
But I don't see bitcoin to be the next us dollar.
The amounts that are traded and the market capitalization are still way to small to be able to talk about something like an era.
no one knows what will happen in the next era to come mate but for sure bitcoin will arise and will be recognized by many
countries it will make huge impact to all industry we shall continue to keep this cycle alive and let many people from our community
to recognized this coin.
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September 27, 2016, 08:01:42 AM
 #36

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 is best currency in the online market and many people earn from that, and you can buy foods, clothes or you can do online shopping by using your bitcoins. And there are some stores where you can buy things using bitcoins as a direct payment method. So bitcoin is also used in some offline stores. Hope you get your answer !!
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September 27, 2016, 11:44:44 AM
 #37

New era of currency maybe not, but Blockchain perhaps yes.

That is actually right because we can't expect Bitcoin to be able to survive in the future, because Bitcoin still needs so many improvement.
But the system (Blockchain) is already good, we just need to explore it a bit more.

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September 27, 2016, 12:20:08 PM
 #38

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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September 27, 2016, 12:29:05 PM
 #39

For today i think it is not but for couple years,decades later, it will become new era of currency in internet and will becoming one currency one world, there are not limited from people who use bitcoin around the world.
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September 27, 2016, 12:32:29 PM
 #40

Maybe but I think there is a low probability of it from happening since bitcoin till now depends on fiat to have a value, without fiat this time, bitcoin is nothing. It is a new value of currency in the internet but if it is in real life it is not since there are many people who still don't use it. Maybe in the future there will be a major event that will give bitcoin the push to overthrow fiat but the chance of it happening is low because fiat is backed up by banks and the government.
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