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Author Topic: Is bitcoin is the new era of currency?  (Read 72010 times)
GreatOrchid
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August 10, 2017, 07:26:28 PM
 #981

Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.
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August 10, 2017, 07:35:46 PM
 #982

Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.

There are obviously tons of real world applications for Bitcoin, but it seems like most people now just want to buy it and hold onto it hoping to be millionaires in a couple years. No one wants to wind up like the pizza guy. Do you think that the fact that Bitcoin could eventually be worth 25k+ a coin will stop people from actually using it as a daily currency?
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August 10, 2017, 07:50:53 PM
 #983

Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.

There are obviously tons of real world applications for Bitcoin, but it seems like most people now just want to buy it and hold onto it hoping to be millionaires in a couple years. No one wants to wind up like the pizza guy. Do you think that the fact that Bitcoin could eventually be worth 25k+ a coin will stop people from actually using it as a daily currency?

I can't imagine that it would stop people from spending BTC, but it may make them think twice about it. I don't think that there will ever be another "Pizza Guy", but there will always be people who wish they had just held onto it.
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August 11, 2017, 02:02:11 AM
 #984

Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.

There are obviously tons of real world applications for Bitcoin, but it seems like most people now just want to buy it and hold onto it hoping to be millionaires in a couple years. No one wants to wind up like the pizza guy. Do you think that the fact that Bitcoin could eventually be worth 25k+ a coin will stop people from actually using it as a daily currency?

I can't imagine that it would stop people from spending BTC, but it may make them think twice about it. I don't think that there will ever be another "Pizza Guy", but there will always be people who wish they had just held onto it.


Just imagine a guy spending his bitcoin BTC0.01 every month is just for me a big loss. Imagine that every year he spends almost BTC0.12. Then it would be very upsetting that after a few years, it's equal value is  $1000.
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August 11, 2017, 04:52:41 PM
 #985

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, there is a big possibility that bitcoin can become the new era of currency. It maybe right now is not that powerful like dollar but in the near
future bitcoin has a criteria to surpass dollar soon. But not in this generation but someday, I guess I'm still alive by when that times has come Cheesy

The problem is most of us think of it right now as a commodity. Currencies dont have a large price like this, and maybe that is why we think of it like gold.
For me, it is okay for now to be like that. But at the end of the day it must become a currency for all.
Upgrades will come and I think that will be the key for it to be lined up with other currency.
Even if just an online one, which is being accepted by different known merchants like amazon and ebay.  Grin
This is not exactly correct there are big denomination bills if I remember correctly there was even a 100k dollar bill at some point, if bitcoin becomes to valuable we could use mBTC or even lower units of account in order to more fully understand the price of bitcoin.

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Md Saad
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August 11, 2017, 05:01:33 PM
 #986

I think Bitcoin has created a new era of currency. basically, Bitcoin has created a massive platform to make money by doing or making an investment in this sector. it has added huge price value so that people have got financially benefitted through this segment.it is also considered as a most profitable sector for saving and investment that is why Bitcoin has been considered as a pioneer of this virtual world.
krisnt80
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August 11, 2017, 05:08:16 PM
 #987

Its funny to see bitcoin as new currencie, but its true, sometime ago a friend mine we were talking and he said i do miss when 0,05 btc were 20 dollars, in the future some people will calculate their salary based into bitcoin, if companies were paying with bitcoin and bought at 1k dollars nowadays they are able to save a part of those.. i mean btc 3k soo a boss can pay 3 months into 1, bitcoin will change the world to better.
Lancusters
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August 11, 2017, 05:10:07 PM
 #988

Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.

There are obviously tons of real world applications for Bitcoin, but it seems like most people now just want to buy it and hold onto it hoping to be millionaires in a couple years. No one wants to wind up like the pizza guy. Do you think that the fact that Bitcoin could eventually be worth 25k+ a coin will stop people from actually using it as a daily currency?
This creates problems for bitcoin. We see that everyone wants to be a millionaire, due to higher prices, people do include the pump and this can lead to collapse. To reduce the cost of transactions for online stores. You need to stimulate trade with bitcoins. Without this, bitcoin will not survive.
cryptodrzej
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August 11, 2017, 07:08:33 PM
 #989

  If it is cryptocurrency is becoming more acceptable for payment in different places around the world, that is just another reason to travel more.
coinplus
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August 11, 2017, 08:22:39 PM
 #990

I think it cannot be the world currency because some country do not agree to bitcoin like china. If bitcoin is the world currency how about other people that want an old money?.
It could be. It has become the most trusted and popular cryptocurrency nowadays. And most of the investors of Bitcoin from China. But I think Bitcoin will soon be legalized. It will be acceptable. But everything is just hope. Maybe Bitcoin will be the new era of currency someday.
Bitcoins have made their way into daily transactions in many parts of different countries like Japan. And once the use of crypto currency is legalized then obviously bitcoins will be the new era of currency.

With its increasing popularity and users, we can predict that in future it will be dominating all other currencies. Obviously bankers and many governments do not want this to happen because they do not want people to have full control over their money. So patience is the requirement of the present for Bitcoin lovers. Let's just hope it becomes acceptable by everyone all over the world.
RestinStJames
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August 11, 2017, 09:01:35 PM
 #991

Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.

There are obviously tons of real world applications for Bitcoin, but it seems like most people now just want to buy it and hold onto it hoping to be millionaires in a couple years. No one wants to wind up like the pizza guy. Do you think that the fact that Bitcoin could eventually be worth 25k+ a coin will stop people from actually using it as a daily currency?
This creates problems for bitcoin. We see that everyone wants to be a millionaire, due to higher prices, people do include the pump and this can lead to collapse. To reduce the cost of transactions for online stores. You need to stimulate trade with bitcoins. Without this, bitcoin will not survive.

Well then, I guess the real question is how do you convince people they aren't buying the proverbial million dollar pizza and get them to actually spend their BTC?
MMA
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August 11, 2017, 09:11:53 PM
 #992

I think Bitcoin has created a new era of currency. basically, Bitcoin has created a massive platform to make money by doing or making an investment in this sector. it has added huge price value so that people have got financially benefitted through this segment.it is also considered as a most profitable sector for saving and investment that is why Bitcoin has been considered as a pioneer of this virtual world.
yes that is right and bitcoin is the new emerging currency which is now the most important part of the life of the new generation, because the new generation is now using bitcoin for online shopping and even for running an online business which is in fact the new trend of the people and which is in fact increasing from time to time.
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August 11, 2017, 09:42:08 PM
 #993

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 currency you may now use it to buy a lot of things online and with latest global trend very soon Bitcoin will dominates the financial world. 

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August 12, 2017, 03:53:48 AM
 #994

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 and the best part is that we are just at the beginning of the revolution so if you play your cards right you could become one of those people that became really rich by investing in bitcoin and other cryptocurrencies.
Bitcoin has really big chance to make a big revolution. Technological advances have shifted many things, shopping activities that had occurred in the market, is now beginning to shift in virtual stores that exists in cyberspace. This kind of change is certainly able to bring it's own benefits when responded wisely. Collect bitcoin as much as possible before big price increases happen.
Correct people do not see these changes because the changes are very gradual, I remember the days before search engines existed, I needed to have a list of links that were useful and then search engines emerged and after some time goggle came out and now we cannot imagine our lives without Google, bitcoin is going to be similar.
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August 12, 2017, 05:44:45 AM
 #995

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 currency you may now use it to buy a lot of things online and with latest global trend very soon Bitcoin will dominates the financial world. 
Since we are living in the modern era where every thing is digital we can say that bitcoin is the new currency because it has a lot of advantages such as fast transactions online on buying things but it can never replace the actual money because it can be bigger than that.
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August 12, 2017, 05:49:07 AM
 #996

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 currency you may now use it to buy a lot of things online and with latest global trend very soon Bitcoin will dominates the financial world. 
Since we are living in the modern era where every thing is digital we can say that bitcoin is the new currency because it has a lot of advantages such as fast transactions online on buying things but it can never replace the actual money because it can be bigger than that.
It can't replace the current form of money that we have because it has a limited supply which will be lacking in the future because of the possible demands in the market. As long as possible we should accumulate bitcoin as much as we can and keep it for at least 2 years so we can have a chance to become rich without waiting for a long time.
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August 12, 2017, 06:45:14 AM
 #997

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?

Our generation is called as the Technology driven era. So the innovation in currency with the use of technology, alsa known as Cryptocurrency, is popular in our generation. The most used and most famous cryptocurrency for now is "bitcoin".

With this reason, I agree that bitcoin is the new era of currency with the use of technology. As for now, you can exchange it in real cash. Maybe in the future it will be used as normal money, used by the world.

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tanginamoo
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August 12, 2017, 06:55:38 AM
 #998

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?

Our generation is called as the Technology driven era. So the innovation in currency with the use of technology, alsa known as Cryptocurrency, is popular in our generation. The most used and most famous cryptocurrency for now is "bitcoin".

With this reason, I agree that bitcoin is the new era of currency with the use of technology. As for now, you can exchange it in real cash. Maybe in the future it will be used as normal money, used by the world.

Bitcoin is the most used cryptocurrency and most popular. I agree that it will become the new era of currency. I believe that it will dominate the other cryptocurrency even the real money, in the future.

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August 12, 2017, 07:20:54 AM
 #999

I think Bitcoin has created a new era of currency. basically, Bitcoin has created a massive platform to make money by doing or making an investment in this sector. it has added huge price value so that people have got financially benefitted through this segment.it is also considered as a most profitable sector for saving and investment that is why Bitcoin has been considered as a pioneer of this virtual world.
Yes, you're right, I have the same opinion as you. Bitcoin has indeed created a new era of electronic money in the world. Bitcoin came out about 10 years ago when electronic money was not growing well and its value was quite low, but now it is completely different, its value is rising quite high and being invested by many. Bitcoin's blockchain system seems to have become a common platform for later altcoins. Bitcoin has also changed a lot of people's opinions about it, its value soaring in recent years has made many people curious about it, so many people chose it to invest to make a profit.
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August 12, 2017, 07:26:48 AM
 #1000

Our generation is called as the Technology driven era. So the innovation in currency with the use of technology, alsa known as Cryptocurrency, is popular in our generation. The most used and most famous cryptocurrency for now is "bitcoin".
Bitcoin is the only true crypto which has impacted the world like nothing else.I used to believe Etherum could stand by chance but before it could blow up,it's growth already stuck to a point where people doubt it's usefulness.

With this reason, I agree that bitcoin is the new era of currency with the use of technology. As for now, you can exchange it in real cash. Maybe in the future it will be used as normal money, used by the world.
You can still use it as normal money to buy whatever you want.Lot of merchants accept bitcoins,you just gotta find out the right ones.
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