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ethereumhunter
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July 02, 2017, 02:38:00 PM |
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As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?
i think with internet connection in every where, the new era of digital currency will come and will know by many people and they will using digital currency. people now have two option for spending their money, with digital or with traditional way, but for crypto currency, as long as internet connection is exist, crypto currency will be stay as digital currency and there will be many option of digital currency that we can use. |
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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SvenBomvolen
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July 02, 2017, 02:41:34 PM |
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Not much. None of the crypto is applicable for daily use and to an average joe, it is still easier to use fiat than crypto. If anything, the only users that can be added are gamblers and speculators or traders.
That's right, but it's only beginning. Who knew about bitcoin five years ago? Only nerds. And today's price and bitcoin based project attract thousands of new users every day. Crypto-currencies are in demand and that fact makes the price to grow. |
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Hui8
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July 02, 2017, 03:57:25 PM |
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I think world will go crazy about the digital currency. It will get too condensed with investors and every currency might look like the same or will get same volume traded every time. Few people would be there to make the dishonest decision to make the world of digitalisation poor. However majority of them will be successful trader.
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mastadonballs
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July 02, 2017, 04:01:08 PM |
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Not much. None of the crypto is applicable for daily use and to an average joe, it is still easier to use fiat than crypto. If anything, the only users that can be added are gamblers and speculators or traders.
That's right, using Crypto Currencies as daily payments is one of our destinations. We can not predict how Bitcoin and other Altcoins will be in next 5 - 10 years but we all know that developers are doing their best to make that dream come true. |
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mastadonballs
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July 02, 2017, 04:04:21 PM |
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Not much. None of the crypto is applicable for daily use and to an average joe, it is still easier to use fiat than crypto. If anything, the only users that can be added are gamblers and speculators or traders.
That's right, using Crypto Currencies as daily payments is one of our destinations. We can not predict how Bitcoin and other Altcoins will be in next 5 - 10 years but we all know that developers are doing their best to make that dream come true. |
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webtricks
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Activity: 1918
Merit: 1728
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July 02, 2017, 04:28:51 PM |
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As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?
Depends upon how the cryptocurrencies are promoted. Bitcoin can be referred as "illegal drug money " by some, at the same time "anonymous donation money" by some. So we need to see when cryptocurrencies will reach 30-40% of world population, will it be in positive or negative manner. Believe me if it goes in positively manner, per capita living standard will rise many times. |
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Kabul
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July 02, 2017, 04:37:01 PM |
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Not much. None of the crypto is applicable for daily use and to an average joe, it is still easier to use fiat than crypto. If anything, the only users that can be added are gamblers and speculators or traders.
That's right, using Crypto Currencies as daily payments is one of our destinations. We can not predict how Bitcoin and other Altcoins will be in next 5 - 10 years but we all know that developers are doing their best to make that dream come true. Hope that it will come true and faster than we expect. Bitcoin has played an important role in the world economy and it will be better if some countries and companies accepting it. I want amazon to accept bitcoin right now |
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Betwrong
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I stand with Ukraine.
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July 03, 2017, 09:40:45 AM |
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As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?
When majority of the world is informed I think there will be 100 times more users of cryptocurrency than it is now. The price of Bitcoin will probably not rise 100 times though, because there are many other cryptos which people will be using. I'm with you with that because 100 times is a bit exaggerated on its price for now but who knows in the future. Altcoins is certainly catching up on bitcoin although the situation now is even though many of us are already using altcoins, our main cryptocurrency is still bitcoin. being informed is just a first stage, the question is are people willing to learn cryptocurrencies, do they have the resources for it? what i observed on the people around me is they come and go. they come because of money and when things get hard, they simply go. I Think there are still a majority of people that are not using bitcoin or not interested with it, and if you rate it in the percentage I think the number of people that is not interested is in a 80% and only 10% of people that has knowledge with it, if you don't believe me then go out and see for yourself by asking random person in your community if they know what is bitcoin and I think 1 out of 10 will say that they have not encounter the word yet or don't know anything about bitcoin. I don't know maybe it's true where you live, but where I live only 1% at best will say to that they heard something about Bitcoin. That's why I said that there would be 100 times more users of cryptocurrency than it is now if everyone was informed. 10% is a lot. There are 7.35 billion people in the world. Do you really think that 735 million are using Bitcoin or have knowledge about it? |
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mk4
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Activity: 2758
Merit: 3830
Paldo.io 🤖
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July 03, 2017, 10:21:45 AM |
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Not much. None of the crypto is applicable for daily use and to an average joe, it is still easier to use fiat than crypto. If anything, the only users that can be added are gamblers and speculators or traders.
That's right, using Crypto Currencies as daily payments is one of our destinations. We can not predict how Bitcoin and other Altcoins will be in next 5 - 10 years but we all know that developers are doing their best to make that dream come true. Hope that it will come true and faster than we expect. Bitcoin has played an important role in the world economy and it will be better if some countries and companies accepting it. I want amazon to accept bitcoin right now Hopefully indeed. We, or the devs just needs to make bitcoin a tiny bit more "newbie" friendly. Especially for the older people, they wouldn't have a clue on what private keys and recovery phrases are. Yes we have coinbase, but I don't think that's the best solution for this. Just to let you know, you can purchase on amazon via bitcoin using purse.io; but yea I get what you mean, it would be alot better if amazon directly accepted bitcoin.  |
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senin
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July 29, 2017, 06:53:55 AM |
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Crypto currency will still be convenient to calculate for greater purchases. To pay for small purchases, the calculation in digital currency, on the one hand, is not very convenient, and on the other hand, due to the need to pay commissions, may not be financially profitable. Therefore, some part of the market will be serviced by traditionally paper money.
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Przemax
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July 29, 2017, 12:58:02 PM |
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We are going towards the legitimisation the idea of cryptocurrency in the public mind. The more the bitcoin lives the more its sustainable in the eyes of the masses. All of the doom and gloom stories are proven to not be true. That is why if we will keep the course we are on, the btc will look more secured. That could lead us to new unknown frontiers. Only time and God could tell for sure.
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btc-facebook
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November 03, 2017, 02:24:56 AM |
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Let's take a look on bitcoin value right now , that's the fact that bitcoin getting popular around the world.
I can see bitcoin will stand in same level just like fiat in the future for example : it can be use for daily transaction or other official transaction.
So just keep bitcoin eurphoria and spread it out to your friend and family !
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ictin
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Look ARROUND!
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November 03, 2017, 04:10:36 AM |
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With the advantages of cryptocurrency, I think in near future, most people who can connect to the Internet will use Bitcoin and altcoins. They will invest in Bitcoin and use altcoins for transactions payment (both of individuals and companies).
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MaryCris
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November 03, 2017, 11:29:35 AM |
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There are many cryptocurrencies emerging now and as years go by, these cryptocurrencies are advancing remarkably! One of the top blockchain of cryptocurrency is Ethereum. It can execute code that can specify conditions under which transaction will happen called Smart Contract that is executed without any outside interference, and will even happen regardless of that fact that something might happen to a computer on the distributed database. It is a good time to invest! The Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT.
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senin
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November 04, 2017, 11:42:04 PM |
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Even in countries such as Russia, China, more than 80 percent of the population does not know about bitcoin. This suggests that the crypto currency has still great opportunities for growth. In the future, I think, there will be a developed infrastructure for the use of crypto currency, and altcoins will not need to be exchanged via bitcoin. Now, in fact, the crypto currency is at the stage of its origin.
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alfs75
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platform for everyday business
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November 13, 2017, 09:16:37 PM |
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As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?
As far as i know cryptocurrency have a great vision towards in the future,there dreams to accomodate all over the worlds being as no 1.digital currency all over the nation ,to be take over in fiat money.bitcoin and the bank are collaborated each other.and being regulated all over the world. |
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Adrazan
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November 13, 2017, 09:53:36 PM |
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So many people have heard of Bitcoin but not all know how it's being use because it is strange to them in terms of it's application
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conceivedspoon2
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November 13, 2017, 10:00:52 PM |
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The direction is clear with our journey. I just hope and believe the world will accept the way it comes. It caught people unaware due to the fact the economies of the world didn't see the era of the cryptocurrency coming. There must be a law backing the exercise. But sincerely its taking far because every business now seems to have their businesses around blockchain. It's really massive, government, banks and every individuals must just embrace and give it a good path to follow.
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Chachacoin17
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November 13, 2017, 10:05:35 PM |
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So many people have heard of Bitcoin but not all know how it's being use because it is strange to them in terms of it's application
Well i believe that in bitcoin we are going to go success bitcoin really a good source of an extra income and it can be more profitable in every hour of the day because of its unstable price so if we continue to do botcoin and continue to earn huge amount and if this huge amount that we get into it should be use in a proper way of using no doubt on it we are going to success. Ee only have to have more patience and continue dreamer life is like a wheel dont be ashame to do new thing it can be better someday. |
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Dexion
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November 13, 2017, 10:06:45 PM |
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yes, nowadays many people in every country know about bitcoin, but if they only know I think it will not affect bitcoin, but if all the world people join, to invest in bitcoin, trading, etc., then of course it will affect bitcoin prices, when many people are mining and bitcoin supplies are getting scarce, then bitcoin prices will be high. and today we see it happening.
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