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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68737 times)
Yuuto
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November 30, 2016, 08:02:50 AM
 #221

It could be but I dont really see it being the future of money.
Rahees bro you are new and hence maybe you don't know but already most sites have start accepting bitcoins, must be a reason, no ? for that same reason the shops in real life are also moving towards modernization and accepting bitcoins.

It is just not happening quick enough for some reason though or maybe the progress is too slow from real life shops and markets.

Bitcoin offers quick transactions with out third party and their fees. It may become future of money. We just need to wait and make bitcoin more convenient

Absolutely. People needs to be more patient than they currently are with bitcoin technology. I've got a few friends that thinks bitcoin is already dead, simply because the price has not increased since 2013.

But the price is not all that matters - it's the community, the actual software itself, and the adoption.
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November 30, 2016, 08:17:47 AM
 #222

Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.

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November 30, 2016, 09:04:45 AM
 #223

Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.

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November 30, 2016, 05:47:58 PM
 #224

Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
There is some doubt that cryptocurrency will play a major role in our lives in the next 5-10 years.
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November 30, 2016, 06:01:18 PM
 #225

Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
There is some doubt that cryptocurrency will play a major role in our lives in the next 5-10 years.
there is no assurance that bitcoin will stay long to live. but  bitcoin is strong and many people are adopting bitcoin and more good news we will heard soon or this coming 2017 that can be push bitcoin to live long..
But i am disagree that it can be a major role in our lives unless if 25% of people or more are using bitcoin..
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November 30, 2016, 06:19:27 PM
 #226

I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
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November 30, 2016, 06:38:47 PM
 #227

I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
For me it is impossible government will never accept or granted to be a physical money.. bitcoin will be still great to use online because of technology.. we are in new generation many people are want all to be easy..so bitcoin is one of the advance payment method than the other payment method hat it takes 7 business days before you can receive the money..

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November 30, 2016, 06:45:43 PM
 #228

I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
Cryptocurrency Most experts agree that the Bitcoin is destined to become a major e-commerce cryptocurrency in the future. But it is possible and very different future Bitcoin. The vast majority of people hold bitcoin as a speculative tool, not as a means of mutual settlements.
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November 30, 2016, 06:46:17 PM
 #229

I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
For me it is impossible government will never accept or granted to be a physical money.. bitcoin will be still great to use online because of technology.. we are in new generation many people are want all to be easy..so bitcoin is one of the advance payment method than the other payment method hat it takes 7 business days before you can receive the money..

Banks are evolving too

And Bitcoin gives them a good incentive to evolve faster. As they say, even if didn't exist, it should have been created, just to give them a good kick in the ass. I don't make international payments, so I can't possibly voice my opinion on that, but internal money transfers nowadays are pretty fast. Though I can't really say whether it is thanks to Bitcoin or not (most likely Bitcoin has nothing to do with that)

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November 30, 2016, 07:07:46 PM
 #230

Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
Regulations are bad for bitcoin, it defeats the purpose of bitcoin. if you're inserted in regulated coin then wait for few years and the government will probably make their own coins.
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November 30, 2016, 07:56:06 PM
 #231

When Satoshi Nakamoto created a currency, he designed bitcoin deficit imitating gold. Total of 21 million bitcoins can be created. And as a reward for the unit will be reduced to 0.78 BTC will lead to an even greater tendency to accumulate. First of all, because the more coins are stored, the greater must be their purchasing power - a classic deflationary model.
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November 30, 2016, 07:58:49 PM
 #232

Yes, Bitcoin is the future of money. It has got a lot of innovations and it is better than fiat in many aspects. It can be proclaimed dead and called a ponzi, but it is still living and it sure is not a scam or any kind of scheme. It is a currency like many people thought the future money would be.

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December 01, 2016, 12:02:10 AM
 #233

Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology: the World Wide Web. http://blockgeeks.com/questions/what-is-your-future-predictions-of-bitcoin/#comment-604
yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase  to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos Smiley
i don't think it would be a future money by judging the increasing value. IMHO, Bitcoin can be the future money because of its flexibility and virtual so people can use it wherever they want.
please don't judge me, i just a beginner on this world. thanks  Smiley
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December 01, 2016, 12:19:31 AM
 #234

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.
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December 01, 2016, 12:20:16 AM
 #235

Monero is the future.
Bitcoin is old news, man.
Get with it!

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December 01, 2016, 01:00:46 AM
 #236

bitcoin is money for me. bitcoin can participate replace the dollar in the future. with various features of bitcoin bitcoin then I am sure that will be a financial payment media most widely used.
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December 01, 2016, 01:59:01 AM
 #237

bitcoin is money for me. bitcoin can participate replace the dollar in the future. with various features of bitcoin bitcoin then I am sure that will be a financial payment media most widely used.

Yeah, bitcoin is money, though it has good feature, I am afraid that it might not be the future of money, though it can be considered as a money/currency in the future, but I am sure that it is not going to play the main role in money system. If in case the bitcoin become the future of money, well, I don't think that it will still be called as bitcoin, I am sure a lot of changes have already been made to cope up with the situation.

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December 01, 2016, 02:07:56 AM
 #238

Monero is the future.
Bitcoin is old news, man.
Get with it!
For system I look that Monero is better than Bitcoin. And I sure, bitcoin is money right now, I predict that someday there will be money that could replace the bitcoin, so my advice is don't ever store the bitcoin too much and long.
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December 01, 2016, 03:44:47 AM
 #239

Of all the articles I found through the internet and with the talks that I listened to, it is very likely that it will be the future of money. By having it as a future money, we can have paperless transactions and just note the transaction ID. You can have a digital address book also (with the softwares of wallets) with the transaction already in it, you just have to label. (Depending on your wallet). Money described by Merriam-Webster is a generally accepted as a medium of exchange, and Bitcoin is accepted as a medium of exchange, so it is already considered money.

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December 01, 2016, 12:57:13 PM
 #240

Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology: the World Wide Web. http://blockgeeks.com/questions/what-is-your-future-predictions-of-bitcoin/#comment-604
Actually Bitcoin is declared waste or dead many times but mainly it is declared by the writers or some bloggers and not by the user or bitcoin officially statement So we can say loudly that it is future currency of online world .
They also know bitcoins would never die, but to catch the headlines and to make the viewers read their news they make such rash comments. If they were to bet their house on the statement they are making then no such predictions would have been made. Usually I never bother about those type of statements.
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