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Author Topic: Is bitcoin is the new era of currency?  (Read 72079 times)
cexylikepie
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October 15, 2017, 05:57:26 AM
 #1221

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 don't think earning bitcoin is as easy as you have stated. But this is true that these days bitcoin can be used in almost everywhere including many supermarkets to hotdog shops. Even we can book flights with bitcoin, on the other hand with bitcoin debit cards even in the places where bitcoin is not accepted directly we can pay there with those bitcoin cards easily.

Bitcoin is evolution in the fiancial sector and yes it is new era of currency.

 True, it is not that easy to earn but bitcoin has become popular that we can use it paying our bills like elctricity and water. We can even use it in buying stuffs online. Deposting money to the bank. Sending money to our family. It became a source of our income because it is easy to covert i into cash. 
I do not know the popularity of Bitcoin in your country, but in my country, I can not use it to pay my bills as your said, I just can use Bitcoin to buy stuffs online, but it has many limits and there are not much seller accept Bitcoin as a payment method. Unless I sell my Bitcoin and exchange to FIAT, then I can use it to purchase these things.
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October 15, 2017, 07:28:21 AM
 #1222

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?

Imagine bitcoin's value today as it drastically rises up to 5K+ USD. Opportunities pouring in for some who are unemployed over the past few years when they stumble upon the luck that bitcoin brings. I can say it's a life-changing coin which is referred to as the new gold of this era. Lots of establishments were already using it as means of payment to buy products or services and if you can notice, lots of ICOs are already popping that are also promoting for a new cryptocurrency.

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October 15, 2017, 07:35:23 AM
 #1223

The bitcoin is the future and it will swap the financial market like super sonic.the next generation of financial transaction.

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October 15, 2017, 07:42:06 AM
 #1224

The good news is that Bitcoin is already being used in Asian countries, USA, some part of the world, you can pay services by using Bitcoin ( utilities and power, TV channels, broadbands ). I don't know how long would it take to make Bitcoin a legal form of money but to pay these services using Bitcoin is a very good starting point.
The bad news is that there are people against it ( banks, banker, government, billionaires ) because it can ruin their businesses and it can become a great threat for them because they will lost grasp on people's pockets. The government is against it too because of lack of control and the freedom it gives to people.
Only the future will tell, this is just the first chapter of Bitcoin and there are more pages to be open.
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October 15, 2017, 07:43:09 AM
 #1225

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?
Correct me if im wrong i think bitcoin is not that popular yet it is not trending mate yet too some or limited people with some knowledge only knows about bitcoin though it is popular on criminals on the internet. Yes it might be the new era of the currency but it is way back then and still making progress it has implemented on many banks and such like mastercards that you can cashout in any banks  on a sending basis  . Though it is a currency with no limits and such interest coming from it no currency has gone even a half of bitcoin so maybe it is
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October 15, 2017, 09:06:06 AM
 #1226

The bitcoin is the future and it will swap the financial market like super sonic.the next generation of financial transaction.
That's an ambitious prediction, we will be very rich if that will happen because with the limited supply and massive demand
1 btc could be a million dollar. Everyone has their own prediction based on what they see on the market and the potential with bitcoin but
I will stay conservative and based my prediction on the power of the government which I believe bitcoin cannot eliminate.

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October 15, 2017, 03:33:28 PM
 #1227

Most people are already buying food and drinks with it, including myself.  Wink ... We have Bitcoin meetups at my local pub, and we buy beer

and food every time and we pay with Bitcoin. I also buy fast food at food vendors who accepts Bitcoin in my area. The problem in my

opinion is the legislation, where is some countries Bitcoin is not seen as a currency.  Angry

I also buy food, drinks and family purposes from my work from bitcoin. I have to exchange bitcoin to the currency in my country, because in my country there is no store that received payment with bitcoin.

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October 15, 2017, 03:56:10 PM
 #1228

Is bitcoin is indeed the new era of currency and the rest of crypto though right now there are only limited establishment that is using bitcoin as a payment but as the community grow the adaptation of people with bitcoin will also grow. So who knows in the next 3 to 5 years all stores will accept bitcoin when we shop.

I think bitcoin is a new era of currency, but bitcoin has not been accepted by all countries, only a few countries have received bitcoin. I hope a few more years bitcoin will soon be accepted in my country.

CrMg
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October 15, 2017, 04:34:52 PM
 #1229

I'm very skeptical about one thing, check out this statistics: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
70% of all bitcoins are owned by less than 1% of all addresses. If bitcoin was supposed to be decentralized, how does this statistics support the decentralization case?
Some top miners could just make an agreement and corner the market for example, or perform the 51% attack, e.t.c.
kotajikikox
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October 15, 2017, 05:19:54 PM
 #1230

using the new era of technology through internet connection the bitcoin as cryptocurrency is now very popuplar and trending worldwide the first digital currency using of fast and progressive system bitcoin can easy to used for the transaction bitcoin the new value in the world in currency and you can exchange into cash money.

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October 15, 2017, 06:14:27 PM
 #1231

Most people are already buying food and drinks with it, including myself.  Wink ... We have Bitcoin meetups at my local pub, and we buy beer

and food every time and we pay with Bitcoin. I also buy fast food at food vendors who accepts Bitcoin in my area. The problem in my

opinion is the legislation, where is some countries Bitcoin is not seen as a currency.  Angry

I also buy food, drinks and family purposes from my work from bitcoin. I have to exchange bitcoin to the currency in my country, because in my country there is no store that received payment with bitcoin.
Even you can use Bitcoin to purchase anything, do you want to spend a lot of money to pay the transaction fee and wait more 15 minutes for your transaction get confirm? Bitcoin is good for investment, but it is not useful when you use it for real-life or daily with current function of Bitcoin.

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October 15, 2017, 06:34:26 PM
 #1232

Bitcoin is a very clear and clean currency which can be directly and easily converted to cash. bitcoin is a new value of currency on internet because now at most of the online work bitcoin is used for money exchange as it is more safe, secure and anonymous method of money transfer between peoples. I is new money for people who always do online transaction and it is in the same way for me a online currency. Yes we can use bitcoin to buy things or products. This is not about future many online shopping sits or stores have already started accepting bitcoin as a payment and now bitcoin has already taken place of currency in many places. So bitcoin has a great potential in it because of which it is used world wide as the biggest digital currency.

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dancingnancy
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October 15, 2017, 06:46:37 PM
 #1233

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?
Once the demand and popularity skyrockets it can easily overcome low value currencies, and gain goodwill in the financial market. It will take some time before it becomes an Era of new currency, as it's still relatively obscure.
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October 15, 2017, 06:55:08 PM
 #1234

using the new era of technology through internet connection the bitcoin as cryptocurrency is now very popuplar and trending worldwide the first digital currency using of fast and progressive system bitcoin can easy to used for the transaction bitcoin the new value in the world in currency and you can exchange into cash money.


Bitcoins are so developed and popular all over the world that for a few years or maybe a couple of years they will enter the market openly and maybe even partially replace the official currency. It seems to me that if the situation continues to develop, there is nothing to stop it.
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October 15, 2017, 07:03:12 PM
 #1235

Bitcoin captures a new era of currency, namely the digital currency, which provides people with additional opportunities, convenience, anonymity, accessibility and ease of management of crypto currency without any third parties. Crypto currency in recent years has so increased its influence in society, that now almost all states are forced to reckon with this force and try to establish rules for its circulation and can not prevent its further spread. The advantages of the crypto currency have already been assessed by the broad masses of the population of different countries, the demand for it has grown so much that it threatens the established financial and economic systems of different countries.
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October 15, 2017, 07:16:49 PM
 #1236

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?


Well you can say that. In my country we can already use bitcoin to load up our cellphones to call or send messages. So, I think in the future bitcoin can do more.
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October 15, 2017, 08:43:39 PM
 #1237

Yes Bitcoin is the new era of currency. It is voluntary, decentralized, and open source. This money will only continue to grow and get better because of that and that's just what it's doing.



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Turiettly
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October 15, 2017, 10:40:12 PM
 #1238

Since bitcoin is getting popular and getting utilised by numerous folks in the planet I feel this will be a possible type of currency before long and this will support many people in the world.And it has more characteristics and before long it will be a Socialized forex
CrMg
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October 16, 2017, 08:00:25 AM
 #1239

Yes Bitcoin is the new era of currency. It is voluntary, decentralized, and open source. This money will only continue to grow and get better because of that and that's just what it's doing.

What about its volatility, for me as a merchant its very inconvenient to accept BTC for my product/service because people still tend to calculate everything in fiat and price of BTC changes very fast relative to fiat? BTW, are there any BTC-based projects who are trying to tackle this issue?
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October 16, 2017, 10:47:21 AM
 #1240

Prerequisite to be a forex I have go through that bitcoin can not be classified into a new currency. Even though it is japan permit or legalize there
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