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Author Topic: Bitcoin as the currency of the future?  (Read 8457 times)
Suzobo
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October 22, 2017, 10:41:57 AM
 #241

Hope this will help you understand the evolution of the technology over time with adoption.
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October 22, 2017, 11:13:05 AM
 #242

if bitcoin become a main currency in the city maybe not because no one digital currencies replace the flat money becuse if the flat money all people can use it without the "equipment" like pc / smartphone internet, there are many people that dont have the "equipment"


Personally, I think bitcoin has the potential to partially replace the currency in highly developed countries. Surely this process will last a certain period of time, but if the bitcoin continues to grow, then who knows what will continue.
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October 22, 2017, 12:15:00 PM
 #243

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

Bitcoin's price and popularity are rising day by day and I think it is obvious that, this risings are the reasons of curiosity and interest of the people. Maybe in the future, daily using of bitcoin can be more common, but now, the people are using it as an investment way.
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October 22, 2017, 08:34:52 PM
 #244

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Bitcoin is already a virtual currency. But I think in the near future there are more people that will use it. In that case the demand will increase but the supply will just be the same. Then it is a good thing that will affect the price. The higher the better, most specially for the long time holders Smiley

That is correct. That is the thing that makes bitcoin even more expensive in the future. As the supporters of bitcoin are multiplying very fast, the demand also goes along. The direct effect would be the increase of price. The world is becoming digital and bitcoin is getting more useful along with it.
As now bitcoin is frequently used now all across the world and by seeing its profit margin this thing can be predicted easily that one day whole world will accept it as world currency because it has potential to deliver maximum out of it and bitcoin is the key road toward the development and progress and as it is now the most of the countries are accepting it frequently and that day is near when it will be global currency.
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October 22, 2017, 09:38:42 PM
 #245

Bitcoin will absolutely be the currency of the future because it is the most scarce asset available and this cannot be changed because of the immutable network that it functions on.

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October 22, 2017, 10:53:05 PM
 #246

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

I guess so. We're going digital now. We make everything more easy and convenient in just a click of our fingers. Bitcoin is the leading digital or virtual currency. Earning it has gradually spreading to the world. As future currency its so possible.
Yes in future bitcoin will be used as future currency because bitcoin is now available everywhere and now it has a credit card as well so the use of bitcoin is now very high and recently bitcoin is arrived to many smaller countries also so as the use of bitcoin become high so definitely it will be use in future with high price.
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October 30, 2017, 04:26:39 AM
 #247

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Bitcoin is already a virtual currency. But I think in the near future there are more people that will use it. In that case the demand will increase but the supply will just be the same. Then it is a good thing that will affect the price. The higher the better, most specially for the long time holders Smiley

That is correct. That is the thing that makes bitcoin even more expensive in the future. As the supporters of bitcoin are multiplying very fast, the demand also goes along. The direct effect would be the increase of price. The world is becoming digital and bitcoin is getting more useful along with it.
As now bitcoin is frequently used now all across the world and by seeing its profit margin this thing can be predicted easily that one day whole world will accept it as world currency because it has potential to deliver maximum out of it and bitcoin is the key road toward the development and progress and as it is now the most of the countries are accepting it frequently and that day is near when it will be global currency.

It looks like the whole world is going to adopt bitcoin at some point but it isn't clear as to when yet because there are a lot of people stilol not in the known and some have deliberately decided not to get involved and so for mass adoption of bitcoin i think it's definitely going to take one or two more generations after us .
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October 31, 2017, 07:44:20 AM
 #248

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Bitcoin is already a virtual currency. But I think in the near future there are more people that will use it. In that case the demand will increase but the supply will just be the same. Then it is a good thing that will affect the price. The higher the better, most specially for the long time holders Smiley

That is correct. That is the thing that makes bitcoin even more expensive in the future. As the supporters of bitcoin are multiplying very fast, the demand also goes along. The direct effect would be the increase of price. The world is becoming digital and bitcoin is getting more useful along with it.
As now bitcoin is frequently used now all across the world and by seeing its profit margin this thing can be predicted easily that one day whole world will accept it as world currency because it has potential to deliver maximum out of it and bitcoin is the key road toward the development and progress and as it is now the most of the countries are accepting it frequently and that day is near when it will be global currency.

It looks like the whole world is going to adopt bitcoin at some point but it isn't clear as to when yet because there are a lot of people stilol not in the known and some have deliberately decided not to get involved and so for mass adoption of bitcoin i think it's definitely going to take one or two more generations after us .

Most likely to be that way. We see that bitcoin is progress and being just that is sometimes good enough for changes that can happen any time. We see that some are adopting it in fully with every day trade some are skeptic and banning bitcoin for good.
This is something that was talk about for lot and still many wait to see result from Japan at the end of this year were this was good move from them.



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October 31, 2017, 07:50:25 AM
 #249

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

I think, if more people will use bitcoin and that our government will legalize bitcoin in every country, then it is highly possible for bitcoin to be our international currency. I think that would be great and very convinient, not only to few people that uses bitcoin, but also to the economy of the country in which bitcoin is being legalized.

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October 31, 2017, 08:21:54 AM
 #250

No doubt, that thanks to Bitcoin the future will be differently shaped. With new highs that are tested every week, lately, the digital currency even worth $6300 according to CoinDesk, a new record after the barrier of $6000 was hitte last week. But for sure is not the end of the price story of BTC, with the approaching Segwit2x fork, the price will just tend to go higher and higher... Sky is the limit, not just in price but in adoption as well. 
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October 31, 2017, 08:29:54 AM
 #251

Nothing can replace real money
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October 31, 2017, 08:31:16 AM
 #252

I don't believe that bitcoin will be a future currency, but I do believe that within the upcoming years more and more countries will start dealing with mobile transactions (like China) and with that - bitcoin will start coming in place more strongly.
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October 31, 2017, 08:44:41 AM
 #253

Probably bitcoin will become one of the main currency in 1 or 2 year
I had same opinion when I introduce bitcoin, and I thought the same as you now that bitcoin in couple years can become main currency.

No doubt, that thanks to Bitcoin the future will be differently shaped. With new highs that are tested every week, lately, the digital currency even worth $6300 according to CoinDesk, a new record after the barrier of $6000 was hitte last week. But for sure is not the end of the price story of BTC, with the approaching Segwit2x fork, the price will just tend to go higher and higher... Sky is the limit, not just in price but in adoption as well.  
If price tend to go higher and higher and sky is the limit bitcoin can't be a currency, many people in the world will not be able to use it, its expensive now for many people who will be able to afford it when it reaches the sky? Now you will say there are decimals, but I don't think its practical. Bitcoin will be valuable asset, and people will be able to use it anywhere just like now its better to save bitcoin then use it. Currency needs to meet needs of the all people in the world, bitcoin will be unreachable for many, and that is why I started to change my mind slowly about this matter after years in bitcoin. Time will tell what will happen, but to me bitcoin will be first and most expensive, but currency will be some other altcoin.



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October 31, 2017, 08:45:15 AM
 #254

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
indeed the price of bitcoin increased significantly. but if the sign will be my future virtual currency is still less so sure. it is because until now there are still few countries that resist bitcoin. and many people still exchange bitcoins with currencies from their own countries so instead of buying something with the bitcoin currency itself. but it still depends on merchants who accept bitcoin as a method of payment. if a lot of merchants who want to receive payment through bitcoin like using paypal is certainly bitcoin can be categorized can be a virtual currency.

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October 31, 2017, 01:27:04 PM
 #255

i believe that bitcoin has a future and can be able to sustain the all cryptos in the future many people are interested toward as it progressing day, but if the government wont accept it rather than create their own currency that is corrupt i think.

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October 31, 2017, 02:13:26 PM
 #256

In my opinion, bitcoin is undoubtedly, as the currency of the future.
Bitcoin has become a trend as well as a new choice of transactions in the internet world.
The more bitcoin users today, making this digital currency more popular.
The development of bitcoin in some developed countries is very rapid, for example in Japan that has made the legal bitcoin in the country.
So no doubt for the next few years will be many countries who want to follow the footsteps of japan.
If so many countries legalize bitcoin in their country, it is not impossible that bitcoin will become the world's currency.

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November 01, 2017, 09:21:31 AM
 #257

Hi, I'm interested in promising projects. Have u heard about StopTheFakes.io? This project solves the real problem and enters the market with trillion turns. What do u think about it? Look at it https://bitcointalk.org/index.php?topic=2336365.
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November 01, 2017, 09:26:51 AM
 #258

It is already the currency of today. I think the most proper name would be - the currency of internet. It is a logical marriage between useful and easy to use.
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November 01, 2017, 09:27:11 AM
 #259

I don't think of this happening in the future though we might see some more shops that will be open to transactions using bitcoins but I do not think it will be so big that it will change the currency of a country.
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November 01, 2017, 09:53:17 AM
 #260

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

Well its starting to turn out to be the most used currency online and since internet is the gateway to future I think bitcoin would be able to continue to adapt and take benefits as internet improves in the near future and since it has become an investment choice of most people in the present then maybe it will truly become the currency of the future whether offline or online.  The increase price is a sign of high demand and somewhat limited supply which makes it exciting for me to try and earn some bitcoins and other cryptocurrencies.

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