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Author Topic: Is bitcoin is the new era of currency?  (Read 71854 times)
South Park
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July 28, 2017, 04:47:12 PM
 #861

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?
One can definitely say that bitcoin as the main crypto currency is a new era in the history of the currency. The digital currency gives new opportunities for currency. However, one can hardly hope that bitcoin will be used for small purchases. Firstly, it's not entirely convenient. Secondly, in transactions bitcoin decent amount of commission.
The fee is what is making people reconsider using bitcoin as a way to make micro payments, but as soon as segwit is activated then I think there is going to be a drop in the fess you are going to pay, so bitcoin could be used once again to make those kind of payments.



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July 28, 2017, 05:17:16 PM
 #862

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?

A possibility. It really depends on how will it gain a mass adoption and the developments. Don't entertain ideas that Bitcoin will make fiats disappear since it is another thing and certainly it would not happen but I will not elaborate it. You can also take Japan for example and Hotels and also restaurants around the world who accepted Bitcoin which you can look up in google but only a few though it will surely increase.

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July 28, 2017, 07:59:22 PM
 #863

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?
One can definitely say that bitcoin as the main crypto currency is a new era in the history of the currency. The digital currency gives new opportunities for currency. However, one can hardly hope that bitcoin will be used for small purchases. Firstly, it's not entirely convenient. Secondly, in transactions bitcoin decent amount of commission.
Yes exactly opportunities for new currency because everyone know that bitcoin is leading currency at the top of the bottom which in old era there were medium of exchange were using it was very hard to understand nobody was getting the real test of good and services exchange because it was just exchanging by scale where currencies have changed the world.
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July 28, 2017, 09:00:58 PM
 #864

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 yes because bitcoin is new creation in new era modern, i hope bitcoin can use as real money in the world and all country accept it Smiley
Agree gan is currently no stranger to the world in the bitcoin began to be used as a means of transactions on the internet Wink
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July 29, 2017, 11:42:08 AM
 #865

that is right. it different from other curency. For me, Bitcoin is easy to get and I see that as a part-time job in free time.
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July 29, 2017, 12:05:29 PM
 #866

that is right. it different from other curency. For me, Bitcoin is easy to get and I see that as a part-time job in free time.
For me it's not a part time job because I stop my job for this. The amount that I make by focusing in bitcoin exceeds what I earn
in my day job, honestly I don't rely on just working getting paid with bitcoin but I rely more on my future investment.
That's how much I trust bitcoin, it will surely gonna make something big in my life.

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July 29, 2017, 03:26:54 PM
 #867

In the leading economies they always support Bitcoin and legally mix Bitcoin as it will surely develop in the future, and poor countries they will inevitably reject Bitcoin because Bitcoin is a threat to banks.

I don't think there will be a complete ban on Bitcoin in any country of the world because in such there Bitcoin will be more active under cover which will put the economy in the trouble so the best way to legalize it and use it for the betterment of the economy. No country can ban the use of the Bitcoin, they can just ban the legal conversion of Bitcoin to fiat currencies.
When a certain government will ban bitcoins then people will lose their interest of using bitcoin especially when the punishment is very hard.
Maybe we can still see some who are using it but most likely those users are using bitcoin for illegal activities because they are not afraid of the law anymore as in the first place that is their job to do illegal things.
well! You could be right but you cannot say it clearly that bitcoin will go down or not if I look at my own experience I never saw bitcoin getting down because the price of the bitcoin is increasing day by day and it is increasing the importance and the value of the bitcoin so bitcoin is a digital currency and today is the age of technologies so this is true bitcoin.
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July 29, 2017, 04:48:45 PM
 #868

In the leading economies they always support Bitcoin and legally mix Bitcoin as it will surely develop in the future, and poor countries they will inevitably reject Bitcoin because Bitcoin is a threat to banks.

I don't think there will be a complete ban on Bitcoin in any country of the world because in such there Bitcoin will be more active under cover which will put the economy in the trouble so the best way to legalize it and use it for the betterment of the economy. No country can ban the use of the Bitcoin, they can just ban the legal conversion of Bitcoin to fiat currencies.
When a certain government will ban bitcoins then people will lose their interest of using bitcoin especially when the punishment is very hard.
Maybe we can still see some who are using it but most likely those users are using bitcoin for illegal activities because they are not afraid of the law anymore as in the first place that is their job to do illegal things.
Even if a government bans bitcoin that does not mean the the whole world is going to do it at the same time, so there is space for bitcoin to keep growing, also at some point people will realize the benefits that bitcoin brings and will force their governments to accept bitcoin even if they do not want it.



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July 29, 2017, 05:50:36 PM
 #869

bitcoin is currently the best alternative to fiat currency. Fiat is slowly dying because people can see through it's scammines
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July 29, 2017, 07:38:54 PM
 #870

Even if a government bans bitcoin that does not mean the the whole world is going to do it at the same time, so there is space for bitcoin to keep growing, also at some point people will realize the benefits that bitcoin brings and will force their governments to accept bitcoin even if they do not want it.

Actually we can see that already. There are countries that already ban bitcoin but still we have a healthy community because other countries are opened about allowing bitcoin to be transacted in that country. Do other countries follow to ban also this cryto?

And on the positive side, while other countries ban and restrict the access of it on that country, there are countries who did just not allow the use of bitcoin but even legalizing it that's why we can a growing number of merchants accepting bitcoin payments.


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July 29, 2017, 09:52:37 PM
 #871

bitcoin is the new era, but dont forget ALTs are getting stronger too.. So diversify with BTC and your favorite alts  Grin
Alts are the way to get huge money gains if that is what you are looking for, if you invest in an ico and are from the beginning of the life of the coin and the coin goes to become successful then the gains can be amazing, especially if we take into account the time frame.
I don’t think so. If you need to earn really good amount of money, trading with bitcoins is the best option. Yeah! That’s absolutely true. If you really want to enjoy an enormous profit, keep hanging onto your coin when the prices are low.

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July 29, 2017, 11:39:46 PM
 #872

I agree with that...  Because  of the trending happening in bitcoin world wide, and you can easily to exchange it with real money,  i believe now that bitcoin is the currency in the virtual world.  We can use bitcoin to make our future become better someday and because of that you will become rich...
Right. Our world has been change yearly due to the fast changing of the technology. We can say that bitcoin is  the new era of it. And we can say that in few more year to go bitcoin will wifely spread and it will become the new ear of currency. So lets wait for it. And keep our goals with bitcoin.

We should really keep our goals into our motivations and this proved to everyone around the world that bitcoin can be a new era of currency. This implementation will take a long time to become reality to other people.
It takes a lot of time that Bitcoin will be considered as a new currency. The feature of Bitcoin was the same as the real cash, you can buy things, foods, house, and etc. Many possible to happen during Bitcoin transaction. Transaction failed and the result of losing your Bitcoin. We won't assured that transaction will be made is safe and secured.













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July 29, 2017, 11:56:41 PM
 #873

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 FIAT will still remain but Bitcoin will lift some significant burdens from it in the nearest future
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July 30, 2017, 03:20:08 AM
 #874

I don't agree that earning Bitcoins is easy. Unles yo country few satoshies from faucets. You need lot of time, effort and knowledge to earn decent amount of Bitcoins. Bitcoin is already accepted like money by it's users although isn't formaly regulated like this. At least not in many coutries. Hope that in the future will be fuly accepted like money in the whole world.
yes, Bitcoin can be the new era of currency. It maybe for now bitcoin was accepted as payment in different merchants all around the world.  but not as declare as new world currency maybe after a decades before it happens.
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July 30, 2017, 09:26:52 AM
 #875

I don't agree that earning Bitcoins is easy. Unles yo country few satoshies from faucets. You need lot of time, effort and knowledge to earn decent amount of Bitcoins. Bitcoin is already accepted like money by it's users although isn't formaly regulated like this. At least not in many coutries. Hope that in the future will be fuly accepted like money in the whole world.
yes, Bitcoin can be the new era of currency. It maybe for now bitcoin was accepted as payment in different merchants all around the world.  but not as declare as new world currency maybe after a decades before it happens.

i think for now, bitcoin is not already yet as currency but i am sure in future if many people is using bitcoin and many country is approve bitcoin, bitcoin will be as currency. but for now, i think we can enjoy bitcoin as an investment and we can try to increase the amount by doing  many ways.

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July 30, 2017, 09:36:16 AM
 #876

I don't agree that earning Bitcoins is easy. Unles yo country few satoshies from faucets. You need lot of time, effort and knowledge to earn decent amount of Bitcoins. Bitcoin is already accepted like money by it's users although isn't formaly regulated like this. At least not in many coutries. Hope that in the future will be fuly accepted like money in the whole world.
yes, Bitcoin can be the new era of currency. It maybe for now bitcoin was accepted as payment in different merchants all around the world.  but not as declare as new world currency maybe after a decades before it happens.

i think for now, bitcoin is not already yet as currency but i am sure in future if many people is using bitcoin and many country is approve bitcoin, bitcoin will be as currency. but for now, i think we can enjoy bitcoin as an investment and we can try to increase the amount by doing  many ways.
Enlargement of block size will make the bitcoin price higher, it's because the transaction is so fast. I'm sure, will be so many people who take advantage of this bitcoin transaction capabilities. This might just be the beginning of the lyrics of bitcoin as a legitimate transactional tool on the internet.

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July 30, 2017, 09:37:24 AM
 #877

People still don't understand what bitcoin is. Most expect that bitcoin will be recognized by state authorities. Lol. Do not you understand that no people should expect from government handouts, and the government should do what the people want. People should use bitcoin and not pay attention at all to other currencies. With bitcoin you are the owners and not the government.
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July 30, 2017, 09:38:51 AM
 #878

I don't agree that earning Bitcoins is easy. Unles yo country few satoshies from faucets. You need lot of time, effort and knowledge to earn decent amount of Bitcoins. Bitcoin is already accepted like money by it's users although isn't formaly regulated like this. At least not in many coutries. Hope that in the future will be fuly accepted like money in the whole world.
yes, Bitcoin can be the new era of currency. It maybe for now bitcoin was accepted as payment in different merchants all around the world.  but not as declare as new world currency maybe after a decades before it happens.

i think for now, bitcoin is not already yet as currency but i am sure in future if many people is using bitcoin and many country is approve bitcoin, bitcoin will be as currency. but for now, i think we can enjoy bitcoin as an investment and we can try to increase the amount by doing  many ways.
Enlargement of block size will make the bitcoin price higher, it's because the transaction is so fast. I'm sure, will be so many people who take advantage of this bitcoin transaction capabilities. This might just be the beginning of the lyrics of bitcoin as a legitimate transactional tool on the internet.
Each describes its work with Bitcoin and other crypto currency in its own way. This is easy for one, but difficult for another. But still I think that it's worth comparing with physical labor, which is not comparable to sitting next to the computer and watching the exchange rate of coins. It seems to me that there are some priorities and we always adhere to them.

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July 30, 2017, 10:03:48 AM
 #879

It maybe called the new era of currency because it is through the internet so it is like a modern day currency or like a futuristic kind of currency. And it is possible it could be newest currency added to the market once it'll be centralized.
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July 30, 2017, 04:12:15 PM
 #880

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 ..Massive rate of adoption of BTC by many countries will make this and many other transactions possible in the future
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