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Author Topic: Is bitcoin is the new era of currency?  (Read 72010 times)
DoublerHunter
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May 20, 2017, 06:42:32 AM
 #481

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.
I agree with you, in the next few years or even decades the blockchain technology is one of the leading technology that is used around the world because blockchain is one of the beautiful creation because it is decentralized and also fast and safe because they can't track you down once you sent a transaction or cryptocurrency to another person.
Salazarian
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May 21, 2017, 03:37:46 PM
 #482

I see many people out of work now who can't find jobs in the real world, working and freelancing to earn Bitcoin and other digital currencies. I think for many people this is the only way forward and the only way to survive. I see on Facebook now most of my friends only talk about Bitcoin this and Bitcoin that and post all about Bitcoin on their walls.

I myself apply it very well where I've decided resign from my main job just to focus on bitcoin.
This gives a big effect if we spend a lot of time focusing on the crypto trading market, this is new era of financial freedom.
You are right and you have taken a good step to focus on crypto currencies. It will give the benefit to both, you and to the bitcoin, With your this decision now you will get a good time for to focus on bitcoin and you will get more skills in earning with bitcoin and then you will not need any other job for earning for your life.
Well yeah giving time to the bitcoin trading is very good step. I am personally involved in the trading and am looking to give it a full time and quit my job etc. because we can easily make that money in a week from the trading which I get from the office in a month as a salary for working 10 hours a day.

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May 21, 2017, 04:11:48 PM
 #483

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

Since were in technology world now or being millenial and nos. of peoplr were into convenient banking for online transactioms and payment, it can be a new era for lot of techie user and business minded people gladly appreciate bitcoin.

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Prettygirl01315 (OP)
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May 21, 2017, 04:12:46 PM
 #484

I see many people out of work now who can't find jobs in the real world, working and freelancing to earn Bitcoin and other digital currencies. I think for many people this is the only way forward and the only way to survive. I see on Facebook now most of my friends only talk about Bitcoin this and Bitcoin that and post all about Bitcoin on their walls.

I myself apply it very well where I've decided resign from my main job just to focus on bitcoin.
This gives a big effect if we spend a lot of time focusing on the crypto trading market, this is new era of financial freedom.
You are right and you have taken a good step to focus on crypto currencies. It will give the benefit to both, you and to the bitcoin, With your this decision now you will get a good time for to focus on bitcoin and you will get more skills in earning with bitcoin and then you will not need any other job for earning for your life.
Well yeah giving time to the bitcoin trading is very good step. I am personally involved in the trading and am looking to give it a full time and quit my job etc. because we can easily make that money in a week from the trading which I get from the office in a month as a salary for working 10 hours a day.

Quiting your daily job is not necessarily because it is consistent. trading is no assurance that you will earn, hence you can lose to so just do your job and still do trading. trading is a long time investment so you dont need to stress yourself on the dumps that you are seeing.
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May 21, 2017, 04:37:50 PM
 #485

I think so, Bitcoin as opening a new era of finance and economics. The birth of BItcoin based on blcokchain hierarchical technology is the foundation for many more types of money later on. The value of Bitcoin is very high and it is dominating the electronic money world. Bitcoin has gone through gold. However, to earn Bitcoin it is not as easy as you say, we need to spend a lot of time and effort to get it. If you have some skills then you can earn more
lisa255
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May 21, 2017, 04:47:28 PM
 #486

I think so, Bitcoin as opening a new era of finance and economics. The birth of BItcoin based on blcokchain hierarchical technology is the foundation for many more types of money later on. The value of Bitcoin is very high and it is dominating the electronic money world. Bitcoin has gone through gold. However, to earn Bitcoin it is not as easy as you say, we need to spend a lot of time and effort to get it. If you have some skills then you can earn more

Now, it's difficult to make any money, not just bitcoin. But unlike the national currency, bitcoin will rise in price and this will give us additional income. This is a very convenient way to store and multiply capital

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May 21, 2017, 05:09:32 PM
 #487

I think so, Bitcoin as opening a new era of finance and economics. The birth of BItcoin based on blcokchain hierarchical technology is the foundation for many more types of money later on. The value of Bitcoin is very high and it is dominating the electronic money world. Bitcoin has gone through gold. However, to earn Bitcoin it is not as easy as you say, we need to spend a lot of time and effort to get it. If you have some skills then you can earn more

Now, it's difficult to make any money, not just bitcoin. But unlike the national currency, bitcoin will rise in price and this will give us additional income. This is a very convenient way to store and multiply capital
Bitcoin is a awesome and great alternative payment methods and we are getting benefits of the price increase..
If you have your own business i am sure that you can gain a lots of profit because of the price increase
But for now it is really hard to make bitcoins if you dont have any business or service that you can offer you can only earn few bitcoins but since the price was increase we can gain a good profit with small bitcoins..

Make crypto as your bank.
BingoDog
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May 21, 2017, 05:12:34 PM
 #488

Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.

malaj
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May 21, 2017, 06:30:08 PM
 #489

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.

 Bitcoin started this and now we see a lot of altcoins making up a real digital currency world where we see no sign of paper money etc. No more involvement of government in regulating the currency as digital currency is decentralized and control by the people themselves.

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concept2
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May 21, 2017, 06:38:54 PM
 #490

Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
it can be stopped by other altcoins if Bitcoin can not improve the blockchain system, decrease the fees and increase the speed of transaction. bitcoin has proved that currently, it can not maintain a significant number of users and if the situation can not be fixed, Bitcoin will be defeated by other altcoin
Prettygirl01315 (OP)
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May 21, 2017, 07:02:44 PM
 #491

Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
it can be stopped by other altcoins if Bitcoin can not improve the blockchain system, decrease the fees and increase the speed of transaction. bitcoin has proved that currently, it can not maintain a significant number of users and if the situation can not be fixed, Bitcoin will be defeated by other altcoin

we cannot do about it at this moment, the slow transaction is being resulted from the more users of the blockchain technology of bitcoin.Hence , I know that Bitcoin is now taking action from that problem and now trying to resolve all the mess from that problem.
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May 21, 2017, 07:12:05 PM
 #492

Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
it can be stopped by other altcoins if Bitcoin can not improve the blockchain system, decrease the fees and increase the speed of transaction. bitcoin has proved that currently, it can not maintain a significant number of users and if the situation can not be fixed, Bitcoin will be defeated by other altcoin

we cannot do about it at this moment, the slow transaction is being resulted from the more users of the blockchain technology of bitcoin.Hence , I know that Bitcoin is now taking action from that problem and now trying to resolve all the mess from that problem.

I hope that is actually what is happening now.
But we dont have the facts to back it up so we are all waiting for this
Just because bitcoin grew in price doesnt mean they should be abusing it.
It is and should be the vice versa.
The lower it is the more will use it and profits will come faster to those who buys smaller fees.

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May 21, 2017, 07:30:56 PM
 #493

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 a great innovation and definitely it is the new world currency. Currently it is being used for mostly online transactions but with the increased adoption, we may see people using it for food and other item in future. But bitcoin is not made to replace fiat in any way. So if it doesn't happen, I don't see any reason for worry. Because bitcoin is mainly investor's heaven. No other investment will give us that much profit which bitcoin can give.

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May 21, 2017, 07:43:28 PM
 #494

Bitcoin is definitely next level stuff. And it is the 1st wave of the next level. The super wealth will participate in the next level.

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May 21, 2017, 08:29:46 PM
Last edit: May 24, 2017, 07:46:45 PM by Ravion
 #495


It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.
Some countries in Northern Europe are already implementing laws that are promoting a cashless society. When all money becomes digital, the only difference between Bitcoin and digital fiat money will be, do you want the government to be backing the currency or not. There won't be any other difference.



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May 21, 2017, 08:41:51 PM
 #496


It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.
Bitcoin will only be able to compete with fiat in whatever form if certain implementations such as lightning network are being put to work.

Bitcoin as it is simply can't compete with fiat in daily situations. Look at how much difficulties we have to go through to even make pools signal support for SegWit.

Imagine how that will be with lightning network. Miners will work against Bitcoin even harder than they are doing right now with SegWit. Miners aren't happy that they will lose influence when lightning network is implemented.

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May 21, 2017, 08:54:01 PM
 #497


It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.
Bitcoin will only be able to compete with fiat in whatever form if certain implementations such as lightning network are being put to work.

Bitcoin as it is simply can't compete with fiat in daily situations. Look at how much difficulties we have to go through to even make pools signal support for SegWit.

Imagine how that will be with lightning network. Miners will work against Bitcoin even harder than they are doing right now with SegWit. Miners aren't happy that they will lose influence when lightning network is implemented.

I agree at this current state, bitcoin cannot compete in mainstream yet.  There are lots of improvement needed for bitcoin to be able to compete against fiat currency but  I believe, if bitcoin is not the new era of currency, it at least give way for the development of  the new era currency.

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May 21, 2017, 09:19:30 PM
 #498


It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.



That is the prediction of many experts, the future will hold a innovative world where people start to relax and robots do their work, they will be paid and pay without handing any money and nust tapping on your phone or computer. I think that time bitcoin will not be a digital currency, but a digital asset, with its price, it is like more than an asset, than a currency.
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May 21, 2017, 11:46:55 PM
 #499

Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
yes there is no doubt  about this. it is really the new era, as the new generation is already taking too much interest here as they are interested in online business and shopping.
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May 22, 2017, 12:26:45 AM
 #500

Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
yes there is no doubt  about this. it is really the new era, as the new generation is already taking too much interest here as they are interested in online business and shopping.

In this technology generation , online money were in demand ,it does provide a convenient for its user who are too busy or having a full schedule. Its a new era for it seems to be the most appropriate online money that have all we need.

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