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Author Topic: Is bitcoin is the new era of currency?  (Read 72010 times)
coinenthu
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July 19, 2017, 09:39:21 PM
 #781

The technology underlying is not just new currency, its new era of everything
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July 19, 2017, 10:00:47 PM
 #782

The technology underlying is not just new currency, its new era of everything
Generally speaking I don't think that Bitcoin or any other cryptocurrency could be counted as "new era currency" for many reason but one of the main reason I see is that Fiat Currency is not yet phased out, cryptocurrencies are not even dominating the market yet compared to Fiat. In order to be called a new era currency it as a currency must be wildly accepted by people and more dominant compared to Fiat currency.
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July 19, 2017, 10:13:14 PM
 #783

bitcoin is the new era, but dont forget ALTs are getting stronger too.. So diversify with BTC and your favorite alts  Grin
Well definitely we'll get there. If we compare it to the fiats, it will be like the Bitcoin will be the dollars and these altcoins will be the other currencies, that's my opinion atleast.
This is a nice analogy, some people have been predicting a reversing where ETH surpass bitcoin in market cap, but I do not think that is going to happen anytime soon or at all since bitcoin is as you state the equivalent of the dollar, all the altcoins are priced in bitcoins that should be telling enough in my mind about the current state of things.
The reason why the bitcoin is the no.1 currency is the volatile of the bitcoin.
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July 19, 2017, 10:14:23 PM
 #784

He started this era. But, I think, the future is a variety of cryptocurrencies Roll Eyes
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July 19, 2017, 10:33:01 PM
 #785

It can be. Since bitcoin is popular worldwide it can be treated as a currency. Sooner or later it can be. I will feel grateful if that will happen so.


Why can you be so grateful if bitcoin becomes world currency? Do you get a lot of income from bitcoin? I think you should consider bitcoin as a byproduct! Because our income from bitcoin will not guarantee, because the price is not stable
It is simple if bitcoin becomes accepted and become a world currency then it is very likely that all our holdings in bitcoin are going to become extremely valuable, at that point it will not matter your source of income, but the amount of bitcoin you were able to save.

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July 19, 2017, 10:55:50 PM
 #786

Yes in the future you will be able to spend BTC as easily as you spend cash/debit/credit now. There will be wide acceptance by the business world its only a matter of time.
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July 19, 2017, 11:02:54 PM
 #787

The technology underlying is not just new currency, its new era of everything
Generally speaking I don't think that Bitcoin or any other cryptocurrency could be counted as "new era currency" for many reason but one of the main reason I see is that Fiat Currency is not yet phased out, cryptocurrencies are not even dominating the market yet compared to Fiat. In order to be called a new era currency it as a currency must be wildly accepted by people and more dominant compared to Fiat currency.
perhaps its just another alternatives for fiat using the digital system, bitcoin will or can only be called new era when its already proven the
main goal of being use by the masses are already been fulfilled bitcoin have a lots of time to prove itself and we as the early users will see
that things happen so fast and bitcoin already getting some attention from the mainstream.

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July 19, 2017, 11:11:55 PM
 #788

Yes, because the age and more modern technology will continue to advance, I'm sure bitcoin will be reckoned into the world's currency in the coming year.
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July 19, 2017, 11:37:45 PM
 #789

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 think it will soon be applied to some countries that have accepted Bitcoin like Japan, India, etc. Bitcoin can actually help us make money, but investing in it is risky. In addition, some countries that have adopted Bitcoin have followed a number of laws and have taken complete control of it. That made the nature of the coin disappear. I'm concerned about that

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July 19, 2017, 11:43:43 PM
 #790

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?

as long as I know, bitcoin was the first cryptocurrency that can be eraned in internet. bitcoin is not "new" now.

in some countries you can find some shops that sell food can be paid by bitcoins, shops that sell stuff, etc.
Yes bitcoin was not new in this time because many of us used it for a long time. I don't believe that its easy to earn it. Why? Because bitcoin is a money you should also to exert your time and effort to rarn it. Bitcoin was the best currency when it comes to virtual currency because until it is just under the fiat. Still there are things that it cant do like a real currency.
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July 19, 2017, 11:48:55 PM
 #791

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 bitcoin is the new money in the internet that you can buy these and those but it's not necessarily mean this is the future currency.
The future is still fiat and this will be use for many decades. Fiat can be use with all levels of society that you didn't needed to learn like bitcoin. No hassle and more convenient to use. Msybe bitcoin is enough in the internet and let's not complicate things for others.
Not to brag anything but bitcoin is virtual currency and fiat is real currency.

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July 20, 2017, 12:55:48 AM
 #792

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 the new innovative currency which has revolutionized the whole world economy.High transaction fee was a major problem for bitcoin to be accepted as a payment.But since it has been almost solved now,it would be soon accepted as payment for buying our day to day needs.

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July 20, 2017, 12:59:27 AM
 #793

After a segment, and the price goes up high, maybe it will also be the beginning of the era of bitcoin currencies. Well, in addition to making the price go up, people will also start using bitcoin in the real world, I hope this development can have a positive effect.
I agree to you. The price will go up after the August 1 and this is the new era for the bitcoin. Bitcoin will face again different obstacles but I know bitcoin will all survive it and surpass it. I know many people will agree about the bitcoin is the new era of currency.

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July 20, 2017, 01:09:35 AM
 #794

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 the new innovative currency which has revolutionized the whole world economy.High transaction fee was a major problem for bitcoin to be accepted as a payment.But since it has been almost solved now,it would be soon accepted as payment for buying our day to day needs.

i am sure that many of us will say bitcoin is the new value and new era of currency in internet as many of us know paypal, wu, payza, perfect money and else. in future, i guess bitcoin will be new money to buy or to save it as we know bitcoin is one of the investment, but this should be agree by all country. without this bitcoin is just for money to buy in internet only. we don't have to waiting for long time because for now, we can start to buy foods and others, especially in country which bitcoin is legal and i am sure we can found store offline accepting bitcoin as payment.



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July 20, 2017, 01:33:47 AM
Last edit: September 05, 2017, 04:58:25 PM by Shady
 #795

Bitcoin seems to lead to riches for many after the prices soar continuously. The economy will likely handle it's weight, especially with it's drive to innovate new territory + patents for services.

Only my inspiration put on this has the select term that mining the first day was a choice picked over buying land and sitting on percent. I've picked Internet Marketing over cryptocurrency and now am learned in both.

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July 20, 2017, 02:40:04 AM
 #796


Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. Life never provides warranties or guaranties for success. It only provides possibilities and opportunities to convert them into success:)

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July 20, 2017, 08:27:57 AM
 #797

Btc is the new era currency or not which depends on Social awareness. If everyone likes and accepts btc deals then btc is the new era of money. So, what if the opposite? Of course btc would be something like a very trivial and ridiculous thing. I'm sorry for saying so but it's true. At present there are many countries with a lack of sympathy towards btc and certainly do not accept btc deals.

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July 20, 2017, 09:43:55 AM
 #798


Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. Life never provides warranties or guaranties for success. It only provides possibilities and opportunities to convert them into success:)


But with the government intervention to act against bitcoin then for sure this will not progress, we cannot freely transact online and convert bitcoin into fiat without the support of the government, we badly need them to continue the progress and we will be benefited with our investment.

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sunneybitc
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July 20, 2017, 11:12:14 AM
 #799

Frankly bitcoin is new era of currency it is digital currency and decentralized money, easy to send and receive the money.good investment plan also.
kafiddrhman
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July 20, 2017, 11:46:41 AM
 #800

Bitcoin is an innovation about the digital currency that has a function equivalent to real currency and has a high value. And the existence of bitcoin can improve the economy of its users in various countries. With all the ease in transaction make bitcoin growing rapidly.
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