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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68801 times)
CyberKuro
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December 21, 2016, 11:23:11 AM
 #341

Cryptocurrencies including Bitcoin are the future whether someone like it or not. Sooner or later they will become equal to fiat money. New technologies are taking place of old ones and so it's in the world of finances. The development of cryptocurrencies can't be stoped anymore.
The development of cryptocurencies has never been a question as to whether or not it could be stopped, but how much it would catch on. No-one can stop anyone from changing or developing anything. We have to still see if it will continue to grow, but so far it is showing strong signs of continuing in its life span and cryptos probably aren't going anywhere.
That is what matter, how bitcoin could catch on/ equal to fiat money or more than it. where you can spend it at anytime, anywhere you want as an International accepted currency (need more than 15 years imo)
I have to disagree if cryptocurrency aren't going anywhere, where you have been all this 7 years of bitcoin rises?
I thought we know that bitcoin are going from nothing to $800 in value, many merchants and big companies accepted bitcoin payment even these are not enough for now. With all of those progress, bitcoin already reach the highest value of currency, what if more business, merchants start to join in bitcoin world? That's how bitcoin could catch on.
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December 21, 2016, 11:38:30 AM
 #342

Who know's maybe bitcoin really is the future of money we don't know what the future may bring
but this crypto currency is really rocking right now so let's just enjoy it while it last

If the main chain of the bitcoin can only accept few than 100 transactions per second, it will not be the major currency.
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December 21, 2016, 11:41:23 AM
 #343

No I guess it is far from possible. Bitcoin as I see it to myself is some form of payment method rather than some kind of currency. Payment method because like others you need to buy in order to have credit. Just like Bitcoin. Also we need to have full support of the government with what you are seeing as they will need to fully cooperate if they think Bitcoin is really the future.
think you do not have much knowledge about bitcoin and are not much involved in the payment system and ecosystem of bitcoin that is why you are thinking like that. If you give some more time to search about bitcoin then you will find that people are accepting bitcoin more than any other currency in their online dealings and now a number of larger companies also accept bitcoin and like to continue with that currency.
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December 21, 2016, 12:01:54 PM
 #344

Cryptocurrency and blockchain technology is the future and since a lot of people are developing interest by the day I think the younger generations are going to inherit it from their youth and it's dethrone future.
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December 21, 2016, 12:06:00 PM
 #345

Who know's maybe bitcoin really is the future of money we don't know what the future may bring
but this crypto currency is really rocking right now so let's just enjoy it while it last

It's going to last longer than you think. Bitcoin having a lower price means negative profit for miners and investors. The miners are the most important ones because they generate the Bitcoin we're all using. I think the price will skyrocket and it's going to be like that for a while - the recent events do not look like something good is about to happen soon!
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December 21, 2016, 12:06:25 PM
 #346

It will just be chaos when fiat is replaced.
One problem is electricity. Some will reason out there is this bitcoin paper wallet. Okay so where will you scan it?  Grin
Online money = bitcoin. But when you go out there is not much who can use that transaction. They dont have the scanners to do it and it would be a smooth deal if it will be with paper money.

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December 21, 2016, 05:06:11 PM
 #347

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.

Gaining popularity is a big strength to bitcoin. In order for bitcoin to be a money of the future, it will requires the support of the people and more people using it shows the trust and acceptance of bitcoin. Bitcoin has come out of all problems in flying colors and each time it does that, more people embrace bitcoin.


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December 21, 2016, 05:28:01 PM
 #348

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.

Gaining popularity is a big strength to bitcoin. In order for bitcoin to be a money of the future, it will requires the support of the people and more people using it shows the trust and acceptance of bitcoin. Bitcoin has come out of all problems in flying colors and each time it does that, more people embrace bitcoin.




Bitcoin popularity among the people is getting increased day by day. Recent days it has received a lot of users due to crisis that happened in various countries like China, India and so on. Also several countries have initiated plans for their own digital currency.

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December 21, 2016, 05:40:59 PM
 #349

Maybe yes, Maybe not . But I believe that as now bitcoin and cryptocurrencies are the closest who will be the future of money . We all know that day by day our technologies are getting better and improving  . I believe that the world will adopt with bitcoin . Like what if we have a global internet someday and its perfect for bitcoin right?

The situation that something far more better than bitcoin is invented is still possible that is why the future is always something to look forward too .

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December 21, 2016, 08:49:15 PM
 #350

It can be the future of the bitcoin but that is still hard to say right now lets hope it will be the future of the money, I would love to pay with it.
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December 21, 2016, 09:36:50 PM
 #351

It can be the future of the bitcoin but that is still hard to say right now lets hope it will be the future of the money, I would love to pay with it.

That is right, it is still not time to talk about the bitcoin at the future. Well, what really matters is its price, its users and its demand. If there are low price, it means the demand if bitcoin is very low and can be shut. If bitcoin's users is low also its price will go down . Having a low demand also will mean a low price and user. So lets try to introduce bitcoin to our friends, our relatives. It may help to make the bitcoins price, demand, and users to go higher.

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December 21, 2016, 10:05:30 PM
 #352

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.

Gaining popularity is a big strength to bitcoin. In order for bitcoin to be a money of the future, it will requires the support of the people and more people using it shows the trust and acceptance of bitcoin. Bitcoin has come out of all problems in flying colors and each time it does that, more people embrace bitcoin.



yes that is true and to me i think as the new generation really need a online crypto currency which can provide onlne buying and selling facilities and i think bitcoin will be the first choice of the people.

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December 21, 2016, 11:30:31 PM
 #353

Maybe yes, Maybe not . But I believe that as now bitcoin and cryptocurrencies are the closest who will be the future of money . We all know that day by day our technologies are getting better and improving  . I believe that the world will adopt with bitcoin . Like what if we have a global internet someday and its perfect for bitcoin right?

The situation that something far more better than bitcoin is invented is still possible that is why the future is always something to look forward too .
as you say, maybe yes and maybe no. very difficult to guess, whether bitcoin will actually be received as currency outside the internet or not. but, this time, has become the currency bitcoin on the internet, even the best currency. one thing I am sure, that bitcoin will be something that is well known in the future. although not used as currency, I know that bitcoin will be used as a means of transaction.

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December 22, 2016, 01:50:32 AM
 #354

It can be the future of the bitcoin but I do not think that this will happen to be honest, it has a good future but its not so good of course.
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December 22, 2016, 02:00:33 AM
 #355

Cryptocurrency and blockchain technology is the future and since a lot of people are developing interest by the day I think the younger generations are going to inherit it from their youth and it's dethrone future.
blockchain technology is the future i thinks same with you blockchain technology that develops and oversee crypto.
in the future no one knows what will happen whether bitcoin is still there or already replaced

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December 22, 2016, 02:16:50 AM
 #356

It can be the future of the bitcoin but I do not think that this will happen to be honest, it has a good future but its not so good of course.

I also do not have the feeling it will, the fact is that banks are way too powerful and will stop this for sure when this only happens a bit already.
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December 22, 2016, 02:26:06 AM
 #357

It can be the future of the bitcoin but I do not think that this will happen to be honest, it has a good future but its not so good of course.
Online currency or digital currency, yes it is. But since it is still new, we just not say it will happen but we have to put it in action, good thing adoption is great for bitcoin this year as evidence by the price increase, and hope this will continue to realize what we are liking to happen.

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December 22, 2016, 02:29:21 AM
 #358

It can be the future of the bitcoin but I do not think that this will happen to be honest, it has a good future but its not so good of course.
Online currency or digital currency, yes it is. But since it is still new, we just not say it will happen but we have to put it in action, good thing adoption is great for bitcoin this year as evidence by the price increase, and hope this will continue to realize what we are liking to happen.

Indeed if it stays growing like this it has a chance, the chance is not big but it does in the first place even have a chance to accomplish it soon or later.
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December 22, 2016, 02:54:13 AM
 #359

Crypto currency is a new technology that bring us an easy way to save and spend our money. Bitcoin is one of cryptocoin inside it.
I don't say bitcoin is not good, but next in the future there will be a technology can replace bitcoin with blockchain development. Imho

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December 22, 2016, 04:50:50 PM
 #360

It can be. From the begging you can see a stable situation concerning the price. And if you think all the benefits and how important have been, you can say that it is the future of money Wink
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