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Author Topic: Is bitcoin is the new era of currency?  (Read 72081 times)
RedX
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May 18, 2017, 01:18:45 AM
 #461

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?


No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
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May 18, 2017, 01:24:17 AM
 #462

I think we could call it the new money in the internet,
And yes we could buy some stuff using bitcoin if the seller would agree to use bitcoin as a payment method,
There are some shop that is already accepting bitcoin as a payment method.
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May 18, 2017, 05:24:31 AM
 #463

I think we could call it the new money in the internet,
And yes we could buy some stuff using bitcoin if the seller would agree to use bitcoin as a payment method,
There are some shop that is already accepting bitcoin as a payment method.
Well actually it depends on what you are doing with bitcoin, if you are just spending it there is no way to call it as money because you will not earn from. The best people who can call bitcoin as money are those who are earning it through investing or those who do the job and they are paid.

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May 18, 2017, 06:30:43 AM
 #464

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?


No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
That will probably happen, we just need big companies to adopt with bitcoin and then life would be easy
because transaction is fast and we do not need 3rd party.

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May 18, 2017, 06:48:15 AM
 #465


No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
Yes it is very possible to happen and it is not just the new era of currency but it is also the new era for investment. We are in the technology era where everything is going to be fine so you better get going and ride along with bitcoin because this is the future and the new generation of money.

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MintCondition
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May 18, 2017, 07:54:53 AM
 #466

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?


No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
That will probably happen, we just need big companies to adopt with bitcoin and then life would be easy
because transaction is fast and we do not need 3rd party.

This might really happen since bitcoin been patronize by investors and businessman,than to invest real stock better invest in bitcoin with fast and convenient transactions bitcoin can offer.

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May 18, 2017, 08:13:40 AM
 #467

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?


No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
That will probably happen, we just need big companies to adopt with bitcoin and then life would be easy
because transaction is fast and we do not need 3rd party.

This might really happen since bitcoin been patronize by investors and businessman,than to invest real stock better invest in bitcoin with fast and convenient transactions bitcoin can offer.
If i have extra money, i will not think twice but just buy bitcoin and hold them for long term because if we base on the price chart or history chart the price of bitcoin is always going up and it is a sign that there is more chances if we continue to hold our bitcoin for long term and be patience if we experience some loss.
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May 18, 2017, 08:33:11 AM
 #468

I think we could call it the new money in the internet,
And yes we could buy some stuff using bitcoin if the seller would agree to use bitcoin as a payment method,
There are some shop that is already accepting bitcoin as a payment method.

If bitcoin can survive the problems that it has this year then it could be the new era of currency. But if it cannot handle all the pending transactions sooner or later bitcoin will be overtaken by other alternative coins. We just hope that bitcoin could survive the problems it has and will be accepted by many countries around the world. More power to bitcoin.
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May 18, 2017, 08:42:45 AM
 #469

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?


No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
Well, there are a few websites on which there are houses and nice sports cars for sale and the seller also accepts bitcoins.
There is no doubt that we are heading towards mass adaption and once it is achieved, we being the early investors will be benefited and our lives will be changed, till then just hold your bitcoins.

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May 18, 2017, 09:19:05 AM
Last edit: May 18, 2017, 09:33:22 AM by deisik
 #470

I think we could call it the new money in the internet,
And yes we could buy some stuff using bitcoin if the seller would agree to use bitcoin as a payment method,
There are some shop that is already accepting bitcoin as a payment method.

If bitcoin can survive the problems that it has this year then it could be the new era of currency. But if it cannot handle all the pending transactions sooner or later bitcoin will be overtaken by other alternative coins. We just hope that bitcoin could survive the problems it has and will be accepted by many countries around the world. More power to bitcoin

We may not live up to that

So far Bitcoin has been the only currency that has suffered from this issue (I refer to transactions being chronically underconfirmed), and Bitcoin proved to be pretty robust and resilient in these conditions. Let's be honest here, despite all the noise and outcries we constantly hear now and then, it didn't crash. In fact, it is still on the rise, and its price seems to the best criterion or indicator of Bitcoin's current state. We don't know how other currencies would behave in similar circumstances. Maybe, some "unexpected consequences" will arise that will make a Bitcoin successor fail miserably

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May 18, 2017, 09:28:31 AM
 #471

I am never sure that bitcoin will be a new era of currency, until now there has not been an official bank accept bitcoin so bitcoin difficult used en masse. Maybe need more than 15 years again to be new era of currency.

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May 18, 2017, 09:57:40 AM
 #472

I am never sure that bitcoin will be a new era of currency, until now there has not been an official bank accept bitcoin so bitcoin difficult used en masse. Maybe need more than 15 years again to be new era of currency.

But it do has the potential to be one really when finally that most countries all over the world has decided to accept Bitcoin and be a part of the lives of many then that would be nice and would certainly benefit us all unless the government's regulation is unfair regarding Bitcoin like putting a high tax with this and branded those who do not comply as crminals and punish them of course for whatever penalty stated but if they release a regulation to benefit all and is fair then there will be no real problem with Bitcoin and Government.
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May 18, 2017, 01:05:17 PM
 #473

I think not for now but there will be time that time will come that this bitcoin will be discovered and grow and will be use as a new currency on the new era. Bitcoin will be successful and become not only an electronic money but will be a country currency of money. That bitcoin will be used in the market as money in change of products.
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May 18, 2017, 01:13:49 PM
 #474

I think not, to be the new era of currency certainly membuhkan the speed of transactions even up to the size of the bitcoin transactions a second, the slower the user when no more than 5% of the world population.
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May 18, 2017, 02:05:39 PM
 #475

I think not, to be the new era of currency certainly membuhkan the speed of transactions even up to the size of the bitcoin transactions a second, the slower the user when no more than 5% of the world population.

Yes, your right about it. Only few people know about the it, and even the banks and government know it but still counter it because they didn't fees or taxes, i guest it's not the new era today but hopefully it will be someday.

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May 18, 2017, 11:57:22 PM
 #476

We need scaling and segwit with increased block size. It cannot be the currency of the new era for poor countries and other lesser off countries. Other countries actually use the dollar and have almost no fees on doing so when they exchange it.  BTC has huge fees compared to how much money poorer countries make, so thees countries will continue to use the dollar. We need to get fees lower.
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May 20, 2017, 05:03:27 AM
 #477

in my opinion, that's very true fact at present. many countries are taking consideration approving as a currency, on the other hand, some countries have already approved bitcoin in recent year. 
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May 20, 2017, 05:06:26 AM
 #478

Bitcoin is a digital currency that is currently in great demand by many people. Many advantages possessed by bitcoin compared to other payment media. Speed and ease of being the main slogan of bitcoin. I am currently convinced that the future bitcoin can become a currency recognized by the government. So the bitcoin is basically the same as the current money. The main difference is in terms of shape and physical.
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May 20, 2017, 05:11:35 AM
 #479

Yes! Because nowadays people like to use bitcoin because of its animosity  and easy to use, Also now bitcoin is our number crypto-currency. And some point today companies now are partner with using bitcoin.

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May 20, 2017, 06:38:04 AM
 #480

I could certainly say cryptocurrencies are new era of currency if not bitcoin alone. Moreover, it is not just about currency. Blockchain technology is itself a big innovation. It provides decentralised transactions between everyone and in future between everything when Internet of Things will become more prominent.
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