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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68737 times)
seven4smoke
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February 23, 2017, 07:21:21 AM
 #901

Yes bitcoin is the future of the money because slowly it is spreading all over the world everyone is coming to know about it

It will be a potential future money but the mainstream will not always be with bitcoin. The mainstream will be still with digital currency (fiat) of each country. But a lot of potential that government will choose to replicate bitcoin for the future money. I'm sure that bitcoin will has a position in the world of currency.
No government would drop its national currency. This will never happen. Even a small country whose currency is very low, will support the dollar or euro, because this is an international currency and all foreign exchange aktyvy in them. But paying taxes is also playing against bitcoin.
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February 23, 2017, 08:38:20 AM
 #902

It is normal for the people to be dubious during first stages of the technology. Bitcoin has many potentials that are yet to be developed. Who knows what might happen in the future of this remarkable technology.It is up to us to decide if we want to hold on until the end to see how high it could soar. Cheesy
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February 23, 2017, 08:43:41 AM
 #903

im super baked rn..
artows21
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February 23, 2017, 01:04:36 PM
 #904

I don't think BTC can be the futur of money because it's not enough famous. And I think bitcoin is like the gold,  it cost lots of money and it's interesting to invest in it but not everybody can buy gold and it's too rare for see it as money for everyone.
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February 23, 2017, 03:42:33 PM
 #905

yes, is it.. a reason is bitcoin's price year to year always increase..
and user bitcoin year to year always increase too
maybe if everyone know about bitcoin , bitcoin can be payment in store or market in the world..
No doubt, most of the people these days only use bitcoin because they only consider it as a way to make money and they don’t care about its future or the possibilities it can be good for the whole word, I am not saying that it is not don’t get me wrong, but if we can use it in any place like regular money or credit card it will save us the trouble of exchanging it to fiat and get it to become more and more popular

I strongly disagree with your attitude

While it is certainly true that many folks are rather opportunistic toward Bitcoin (i.e. they try to squeeze as much profit from it as possible), that doesn't by itself mean that these people don't care about Bitcoin future.
After all, if something lets you earn decent profits, it is quite natural that you would want it to stay around as long as possible. As to me, the real bad guys here are Bitcoin miners themselves who are basically shooting themselves in the foot by opposing due and overdue updates to Bitcoin


Disagree with you on that. The second they realize they either wont be able to make more money or something else that is more profitable comes along, they wont hesitate to drop bitcoin.

Everybodys high-fiving each other on the price continuing to go up, and talking about it going mainstream. Meanwhile, in the background it takes forever for a transaction to go through now. Sorry that does not make me confident in the "future of money".
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February 23, 2017, 07:05:35 PM
Last edit: February 23, 2017, 07:51:36 PM by deisik
 #906

yes, is it.. a reason is bitcoin's price year to year always increase..
and user bitcoin year to year always increase too
maybe if everyone know about bitcoin , bitcoin can be payment in store or market in the world..
No doubt, most of the people these days only use bitcoin because they only consider it as a way to make money and they don’t care about its future or the possibilities it can be good for the whole word, I am not saying that it is not don’t get me wrong, but if we can use it in any place like regular money or credit card it will save us the trouble of exchanging it to fiat and get it to become more and more popular

I strongly disagree with your attitude

While it is certainly true that many folks are rather opportunistic toward Bitcoin (i.e. they try to squeeze as much profit from it as possible), that doesn't by itself mean that these people don't care about Bitcoin future.
After all, if something lets you earn decent profits, it is quite natural that you would want it to stay around as long as possible. As to me, the real bad guys here are Bitcoin miners themselves who are basically shooting themselves in the foot by opposing due and overdue updates to Bitcoin

Disagree with you on that. The second they realize they either wont be able to make more money or something else that is more profitable comes along, they wont hesitate to drop bitcoin

Sorry, but you don't see the forest for the trees

If these folks are the bad guys (which seems to be your point), then them leaving Bitcoin would be a good development for it if things went massively awry (as you say). According to this train of thought, Bitcoin would be better off overall if these types weren't there at all. Basically, you can't have it both ways (i.e. seeing the same people as bad and good guys at the same time), but somehow I can't accept this conclusion as having any bearing on the real life. As to me, it is a win-win situation for Bitcoin and dudes which are profiting off it. Without them, Bitcoin would still be largely unknown to the world

Windpower
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February 24, 2017, 06:22:19 AM
 #907

Yes bitcoin is the future of the money because slowly it is spreading all over the world everyone is coming to know about it
It is a technology, not a piece of paper, and therefore with bitcoin is not so simple. Maybe the people and learn about Bitcoin and how it works, but for the rest of the people at least need to be educated. With bitcoin will not be easy and I think that more than half of humanity can not cope with the task.
I don't fully understand what you are trying to say, but I managed to understand the first part. It is true that Bitcoin is not a piece of paper, however it can be stored in a paper wallet, but it is still a form of currency. As more and more people know about it, they will talk about it, then their friends will talk about it and it will spread like a wild fire. Also, how is Bitcoin not as easy? If you are just a user and not mining, it is extremely easy to use Maybe not as easy as fiat where you can hand cash to someone, but it is not so hard that the majority of people can't use it.
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February 24, 2017, 06:29:30 AM
 #908

Really hope bitcoin can be used frequently, especially to make overseas payments which is very convenient. It's a improvement in globalization.  Wink

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February 24, 2017, 06:45:03 AM
 #909

I regret leaving bitcoin; last time 1Bitcoin cost like $600 now look where it is now; i would've made a really good investment. I only had like 0.5Btc in my account; im glad it gained value but i know i could've earned so much more if i stayed.

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February 24, 2017, 07:15:10 AM
 #910

I regret leaving bitcoin; last time 1Bitcoin cost like $600 now look where it is now; i would've made a really good investment. I only had like 0.5Btc in my account; im glad it gained value but i know i could've earned so much more if i stayed.

Only few stays with bitcoin during its down time, as more and more gets disappointed when they see dips and mini crash in price. What most of us is not expecting is that it still has a future. I my self was already using bitcoin when it hit more or less $200. But I don't regret it as I am not yet earning that time.

Anyway, as for the future of money, I am still thinking that our local currencies will survive long and not being changed by bitcoin.  Smiley

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February 24, 2017, 11:18:19 AM
 #911

probabili not the future of money as because bitcoin don't have any rules and regulation and doesn't have characteristic of a real money. so there are many currency developed now a day by taking concept of bitcoin and even government of our nation had also started the project in dark.
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February 24, 2017, 11:19:21 AM
 #912

Well I sure hope it becomes the future of money hehe Wink
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February 24, 2017, 02:56:30 PM
 #913

I highly believe that bitcoin is really the future of money because it gives a lot of ideas on the future development of money like making our money digital so we can use and transfer it easily on the air and nothing to worry about. One of the reason why bitcoin is the future of money is it only requires small fees in doing transactions and that is the best for any kind of person who does transactions on daily basis so i think, it is really true that this is the future.
Bitcoin0916
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February 25, 2017, 08:42:45 AM
 #914

I really like bitcoin because it convenient Grin Grin
Agree, with bitcoin transactions secure and make us convenient. And the most important thing is bitcoin can we make an investment in the future. When many people do not believe fiat money then bitcoin is an answer to counter inflation. I sure bitcoin is the future money and will replace fiat money.
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February 25, 2017, 09:29:24 AM
 #915

I really like bitcoin because it convenient Grin Grin
Agree, with bitcoin transactions secure and make us convenient. And the most important thing is bitcoin can we make an investment in the future. When many people do not believe fiat money then bitcoin is an answer to counter inflation. I sure bitcoin is the future money and will replace fiat money.
I agree to all your statement but that "will replace fiat money" I doubt that because that is impossible thing to happen, can you imagine what is needed to defeat fiat? and that is the government of a certain country. Bitcoin will never replace fiat and bitcoin will just be an addition to the payment system of the country.
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February 25, 2017, 09:37:06 AM
 #916

I really like bitcoin because it convenient Grin Grin
Agree, with bitcoin transactions secure and make us convenient. And the most important thing is bitcoin can we make an investment in the future. When many people do not believe fiat money then bitcoin is an answer to counter inflation. I sure bitcoin is the future money and will replace fiat money.

No, I have a different idea when it comes to convenience. Stucked transaction isn't a convenience to me, and of course the tx fee that keeps on rising isnt' a conveneince to me. Imagine if we can't bribe viabtc anymore or if it is too busy as there are many in the queu.

In the future, fiat will still be there, or the governments will create a digital form of it and under its circulation is under its control, and of course, since it is for the good of everyone, tx fees might be free.
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February 26, 2017, 11:34:49 AM
 #917

yes, is it.. a reason is bitcoin's price year to year always increase..
and user bitcoin year to year always increase too
maybe if everyone know about bitcoin , bitcoin can be payment in store or market in the world..
agree. each year, bitcoin have fared much better, and it will make bitcoin has many users. probably only a matter of time until bitcoin used by all people in the world. bitcoin development will make it into the money in the future.
yes , i feel many user use bitcoin because profitable ..
and i feel no one user bitcoin use it if bitcoin useless and not worth further

 
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February 26, 2017, 12:08:48 PM
 #918

I regret leaving bitcoin; last time 1Bitcoin cost like $600 now look where it is now; i would've made a really good investment. I only had like 0.5Btc in my account; im glad it gained value but i know i could've earned so much more if i stayed.
But it's still better that you came back and started all over again than leaving it for good Grin Rapidly fluctuation with the upgoing trend is bitcoin's nature so you can still gain lots of profit if you try hard. So no need to worry and regret, just keeping up with it as bitcoin will be fully developed and become main currency in the future.

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February 26, 2017, 12:19:57 PM
 #919

I regret leaving bitcoin; last time 1Bitcoin cost like $600 now look where it is now; i would've made a really good investment. I only had like 0.5Btc in my account; im glad it gained value but i know i could've earned so much more if i stayed.
I've not left BTC anytime from the first time I know about it (maybe more than 1 year). But the fact that, I'm just a student so I can not spend all of my money to buy 0.5-1BTC and then waiting for its price growing up. I've read little news and research about bitcoin, and I'm kind of sure that bitcoin will not break down easily, plus, there are many benefits when you using bitcoin so the price get higher too fast last few months is not make me feel so surprise but I'm feel regret because I haven't borrowed money from friends or family to buy it when its price just about $400
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February 26, 2017, 12:32:22 PM
 #920

I regret leaving bitcoin; last time 1Bitcoin cost like $600 now look where it is now; i would've made a really good investment. I only had like 0.5Btc in my account; im glad it gained value but i know i could've earned so much more if i stayed.
I've not left BTC anytime from the first time I know about it (maybe more than 1 year). But the fact that, I'm just a student so I can not spend all of my money to buy 0.5-1BTC and then waiting for its price growing up. I've read little news and research about bitcoin, and I'm kind of sure that bitcoin will not break down easily, plus, there are many benefits when you using bitcoin so the price get higher too fast last few months is not make me feel so surprise but I'm feel regret because I haven't borrowed money from friends or family to buy it when its price just about $400
If you are a student I would not recommend you to play such a risky game. Think about the fact that there is always a chance to buy at $ 1000. and sell at $ 600. If you took 1000 where you then take the money to pay $ 400? Always be careful with such a investment. It's like in a casino. someone always wins and someone loses.
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