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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 67927 times)
salemon
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December 18, 2016, 09:03:32 AM
 #301

Bitcoin needs to survive the next 3 years. I think it will.
What happens then is that it will gain value like a fine wine.

Currency doesnt do that
Checking years are only suitable for wine or cognac, it's true. But in the case of all bitcoin very hard. I think that cryptocurrency strengthen their position, but to become the only currency in the world will not work for three years.
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December 18, 2016, 09:04:47 AM
 #302

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

Yes, I agree that there is no guarantee but bitcoin offers us a platform or template for possible Future Digital Money. As of today,bitcoin is acting as one of it, tough its not perfect but we are heading there with constant update and innovation.
Yes and I think that people also have something to deal with the future of bitcoin. It's not just about how fast bitcoin is updated or how much the price has gone up, it's also related to its users and the newcomers. Because a minority of people still thinks that bitcoin is something bad and dangerous, bitcoin's growth is slow down. So it's hard to say anything about the future.

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December 18, 2016, 10:55:09 AM
 #303

Bitcoin needs to survive the next 3 years. I think it will.
What happens then is that it will gain value like a fine wine.

Currency doesnt do that
It can. Bitcoin can live longer than three years, three decades and even three centuries. It is not easy to harm something unphysical. Nature, wind, age can damage physical things but it can never touch Bitcoin. The only way to kill Bitcoin is to knock down the whole Internet system.

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December 18, 2016, 11:07:42 AM
 #304

I won't say that bitcoin is the future of money, but it is definitely a revolution. Bitcoin has changed the way of internet payment system and people have started using bitcoin for investment as well. So I won't limit bitcoin as money. It is a innovation that has a power to change internet related business.

But on the other hand bitcoin doesn't qualify to be called as money as there is no central authority for bitcoin and no country is issuing that. So it is better we take bitcoin as it is without getting in to definitions. Bitcoin is a great payment system and an awesome investment which can fetch a much higher return that any other conventional investment.

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December 18, 2016, 11:47:49 AM
 #305

Bitcoin needs to survive the next 3 years. I think it will.
What happens then is that it will gain value like a fine wine.

Currency doesnt do that
It can. Bitcoin can live longer than three years, three decades and even three centuries. It is not easy to harm something unphysical. Nature, wind, age can damage physical things but it can never touch Bitcoin. The only way to kill Bitcoin is to knock down the whole Internet system.
Bitcoin can live forever having our support forever, it cannot be denied that bitcoin nowadays are very successful and that represents our trust with it. It will continue to be valuable as we continue to use it, and the more it becomes popular the more people will be adopting from different sides of the world, and which makes it an international currency and investment as well.

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delliaerd
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December 18, 2016, 11:56:35 AM
 #306

I won't say that bitcoin is the future of money, but it is definitely a revolution. Bitcoin has changed the way of internet payment system and people have started using bitcoin for investment as well. So I won't limit bitcoin as money. It is a innovation that has a power to change internet related business.

But on the other hand bitcoin doesn't qualify to be called as money as there is no central authority for bitcoin and no country is issuing that. So it is better we take bitcoin as it is without getting in to definitions. Bitcoin is a great payment system and an awesome investment which can fetch a much higher return that any other conventional investment.
Yeah I agree with you in some part of your statement. Becouse I still believe that bitcoin will be future of money to replace old fiat. Bitcoin was seen only used for internet paymemt system, yes that is right becouse it is how bitcoin works. Just imagine, people do barter fot transaction, then they use gold, then we use fiat and I think it is big chance for bitcoin to be future of money. Thats my opinion.

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December 18, 2016, 12:12:29 PM
 #307

I won't say that bitcoin is the future of money, but it is definitely a revolution. Bitcoin has changed the way of internet payment system and people have started using bitcoin for investment as well. So I won't limit bitcoin as money. It is a innovation that has a power to change internet related business.

But on the other hand bitcoin doesn't qualify to be called as money as there is no central authority for bitcoin and no country is issuing that. So it is better we take bitcoin as it is without getting in to definitions. Bitcoin is a great payment system and an awesome investment which can fetch a much higher return that any other conventional investment.
Yeah I agree with you in some part of your statement. Becouse I still believe that bitcoin will be future of money to replace old fiat. Bitcoin was seen only used for internet paymemt system, yes that is right becouse it is how bitcoin works. Just imagine, people do barter fot transaction, then they use gold, then we use fiat and I think it is big chance for bitcoin to be future of money. Thats my opinion.
Yah definitely. There are things to considered before you call it money. One of those is when it comes to physical aspect bitcoin is not quality because we don't see bitcoin physically but we know that bitcoin is a digital currency meaning just like an imaginary token in internet that can be exchanged.
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December 18, 2016, 01:32:47 PM
 #308

Bitcoin maybe will be future money, bit this is oly extended way. Bitcoin can not replace physical money
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December 18, 2016, 05:49:53 PM
 #309

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.
but i think we can expect that the future of bitcoin is really bright and going to be the future currency of the world. as the users of bitcoin are increasing continuously, therefore as the new generation are giving preference to online trading therefore i think that bitcoin will long lost.

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December 18, 2016, 05:51:09 PM
 #310

yeah bitcoin is the future of money because bitcoin is very much popular currency and bitcoin getting more popularity day to day and a lot of people adopting bitcoin for the future and a huge number of people store their money in bitcoin.
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December 18, 2016, 06:02:50 PM
 #311

Cryptocurrency  is future. Not only BTC. In future we will see more new cryptocurrency. 
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December 18, 2016, 06:15:04 PM
 #312

yeah bitcoin is the future of money because bitcoin is very much popular currency and bitcoin getting more popularity day to day and a lot of people adopting bitcoin for the future and a huge number of people store their money in bitcoin.

Bitcoin will be the future of money, based upon the adoption of bitcoin over the entire country. If bitcoin doesn't go high as expected sure bitcoin acceptance makes it more popular. Sometimes bitcoin as a form of currency will get alternate currency form based upon the country's needs.

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December 18, 2016, 07:31:56 PM
 #313

several people tried to hack , ruin its reputialtion , scam  and many things more but we the daily bitcoin users are using our bitcoins as the day we are using on the first day nothing is beimg cahanges and till now no wallet is directly hacked.yes ofcourse if its your own fault then you might have lossed your coins but its a best system


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SvenBomvolen
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December 18, 2016, 07:39:17 PM
 #314

Bitcoin is not the future of money, bitcoin is money. There are a lot of currencies in the world, as we have a lot of currencies on the internet, but only few currencies stand out, and that is what happen with bitcoin.
I don't know if bitcoin will be the future of currencies, but I knows it's the present, and a lot of people are making real money with bitcoins, so let's continue, go go go.

I still think that the bitcoin is going to be the future because everything will be digital and I think once upon a time there needs to be a global currency that can be used everywhere on the world.
https://yabtcl.com/?ref=4831

   Did you just post your referral here for some bitcoin lottery? That is not allowed to do on this forum as I know, and oh boy you gone off topic a bit here. I think your lottery has nothing to do with this topic, what did you think about before you posted this?
   
   I agree with Eric, in future everything will be digital, like in some movies we watch, and bitcoin can be very well accepted in that environment, everything is going in that way, just look how many people are obsessed with mobile phones, social networks, how much people are addicted on internet.
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December 18, 2016, 07:42:11 PM
 #315

I think, Bitcoin is the future of alternative money. It demonstrates several innovations that are working out well today and will work even better with future's technology. A problem is that BTC's complicated to develop, but I can imagine blockchain based technologies rising in the future, if not BTC then an altcoin.

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lakisis
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December 18, 2016, 07:51:25 PM
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Cryptocurrency  is future. Not only BTC. In future we will see more new cryptocurrency. 
i do not think that other crypto currency will be future of money and i think just bitcoin will be future because bitcoin is very much stronger and popular crypto currency and bitcoin is very useful currency and it acceptable and available in everywhere for online transaction. 
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December 18, 2016, 07:56:46 PM
 #317

Cryptocurrency  is future. Not only BTC. In future we will see more new cryptocurrency. 
i do not think that other crypto currency will be future of money and i think just bitcoin will be future because bitcoin is very much stronger and popular crypto currency and bitcoin is very useful currency and it acceptable and available in everywhere for online transaction. 

Thinking this way is foolish and naive. Yes, Bitcoin is currently more popular and as you say stronger in terms of value per unit, but there are some serious altcoin contenders up and coming. The whole cryptocurrency "scene" is still in its infancy and basing such predictions on just a few years history is foolish. I believe bitcoin will maintain a strong presence, at least for the next few years, but who knows what will happen in the next 5, 10 or even 20 years.
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December 18, 2016, 08:02:21 PM
 #318

Soon or late bitcoin will be found, the fact the younger people are addicted to cellphones isnt something new, the world is getting more conected, and bitcoin its a currencie online, soo give time till someone make something revolutionary with phones and bitcoin. I do believe bitcoin will force and expose all beneficts of a digital currencie, instead the currently printed money.
alphablitzer
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December 18, 2016, 08:18:12 PM
 #319

Soon or late bitcoin will be found, the fact the younger people are addicted to cellphones isnt something new, the world is getting more conected, and bitcoin its a currencie online, soo give time till someone make something revolutionary with phones and bitcoin. I do believe bitcoin will force and expose all beneficts of a digital currencie, instead the currently printed money.

They will be considered the future money just because of it's an opportunity to be an investment and way of transactions. I agree that the world is more connected more than ever and people uses their smartphones as a part of their everyday life. Cryptocurrency is still new compared to fiat and it's almost based on old ways of trading. It could save the environment also.
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December 18, 2016, 08:39:25 PM
 #320

Cryptocurrency  is future. Not only BTC. In future we will see more new cryptocurrency. 
You may be right but the success of bitcoin is not far away so we can see it the first crypto currency which will be successful and which will establish first after that it will be much hard for other coins to compete bitcoin.

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