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Author Topic: what is the future of virtual currency like bitcoin ?  (Read 4932 times)
darefreads
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June 08, 2018, 07:21:55 AM
 #381

The future of virtual currency like bitcoin really depends on the people on a country if how will agree of using them to our daily needs and I hope every people will soon gonna like the virtual currency like bitcoin. As I see here in my country some people are agree of using it in their paying their payments in some shop stores  that's why we may say that it is not hard to say that the future of bitcoin will gonna success.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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katiepower
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June 08, 2018, 08:59:08 AM
 #382

I am convinced that there will be no one global currency. Each cryptocurrency has its own unique properties and scope. If bitcoin is a "digital gold", then Monero focuses on increased anonymity.
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June 08, 2018, 09:49:43 AM
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 #383

I am convinced that there will be no one global currency. Each cryptocurrency has its own unique properties and scope. If bitcoin is a "digital gold", then Monero focuses on increased anonymity.
It seems so, I also believe that the future of cryptocurrency will continue to improve because in addition can be used for direct transactions then with cryptocurrency also serve as a very profitable future investment.
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June 08, 2018, 10:22:02 AM
 #384

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.
You can clearly see that bitcoin is internally recognized indirectly, many countries have issued bitcoin-related laws and consider bitcoin as a legal currency for taxation. Therefore, I believe you should consider investing in long-term bitcoin, buying and keeping one bitcoin for up to two years, you will be able to lose a lot of profit.
Koko1200
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June 08, 2018, 10:57:00 AM
 #385

Some experts say, bitcoin and other cryptocurrencies would take place of a regular economy that we have right now.
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June 08, 2018, 12:13:58 PM
 #386

Since its creation in 2009, Bitcoin and many other digital currencies have rapidly gained popularity. Today, all over the world, it's not uncommon to overhear people chatting about digital currency or related topics. the virtual future of bitcoin is very positive.
RKSummer
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June 08, 2018, 12:27:43 PM
 #387

Well as technology begins to evolve i think that in the future the cryptocurrencies will take over and this will be the new way of payment. However, Bitcoin has more benefits than any method of payment.

The virtual currency (cryptocurrency) will survive until the future. It is always here to stay. Day by day, bitcoin and other cryptocurrency become popular. And because of the benefits given by bitcoin, many are now using it. And that is a good sign that bitcoin and other cryptocurrency will last and still remain.

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DRVX
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June 08, 2018, 05:36:01 PM
 #388

The future of bitcoin looks promising as of now. I believe Bitcoin will survive in the long term unless a vastly better technology replaces it. The thing Bitcoin provides that people see as so beneficial is it’s lack of centralized control. The centralized control aspect of currencies IS the part that people who use Bitcoin are trying to escape from.

I am sure that in future, Bitcoin and the other really good cryptocurrencies will be growing. It will last for many years. Blockchain technologies will be used in many spheres of our life, and they will become very popular.
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June 08, 2018, 08:07:17 PM
Last edit: June 10, 2018, 03:49:25 PM by South Park
 #389

I am convinced that there will be no one global currency. Each cryptocurrency has its own unique properties and scope. If bitcoin is a "digital gold", then Monero focuses on increased anonymity.
The good thing is we do not need to have only one currency, there is going to be a dominant currency, like the dollar right now or the British pound before that, right now the dominant cryptocurrency is bitcoin, and it is going to be the most dominant cryptocurrency for the foreseeable future but that may change, after all if satoshi nakamoto created bitcoin what it is stopping another satoshi nakamoto out there to create something even better.

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ROB18
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June 08, 2018, 08:24:15 PM
 #390

Our world is becoming more digital nowadays and in the future almost all people will be doing things on a digital way. And I believe blockchain, bitcoin, cryptocurrency in general is the answer to this change. Our current system will not be able to cope up with it unless we shift to the digital way.

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Redredred
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June 08, 2018, 08:55:45 PM
 #391

Bitcoin has a lot of potentials as revolutionary digital currency. Coinmarketcap.com reported the market capitalization of Bitcoin as $167 billion. This is an an amazing attainment looking at the number of years it has been in existence. This shows that its future and potentials could not be accurately predicted.
Hube950
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June 08, 2018, 09:30:06 PM
 #392

I see a future for cryptocurrency where there is a financial freedom from these establishment: governments, central banks and large financial institutions.

Where governments and financial institutions embrace the digital currency innovation to run daily lives and transactions without restrictions
artichandra
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June 08, 2018, 09:33:05 PM
 #393

No one knows the future of a crypto currency like bitcoin will be what. But since the crypto currency has many advantages whether the crypto currency will not be used anymore?
F.I.L.F
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June 08, 2018, 09:39:55 PM
 #394

Our world is becoming more digital nowadays and in the future almost all people will be doing things on a digital way. And I believe blockchain, bitcoin, cryptocurrency in general is the answer to this change. Our current system will not be able to cope up with it unless we shift to the digital way.

future development will certainly be more sophisticated, with the existence of blockchain technology for now is good enough for the future.
and bitcoin alone for now can change our lives for a better future and will be of much use later on with real life full of digital technology of course.
Redhead5
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June 08, 2018, 10:04:03 PM
 #395

Some experts say, bitcoin and other cryptocurrencies would take place of a regular economy that we have right now.

I think virtual curency like bitcoin will have a great future because there are some countries now legalize bitcoin and they start build up laws that would make bitcoin income titled to pay taxes in order to help their economic growth. With this lawful transition I think all cryptocurrencies has a great chances to be legalize in the future but it mlght be takes a long long time to go before it happen.
SirLancelot
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June 09, 2018, 10:34:51 AM
 #396

Virtual currencies are even more reliable these days in doing a lot of things. It can serve for various purposes which includes investment, making peer-to-peer transactions, savings and a lot more than I can count. I believe that in the nearest future they will be very useful to all of us.

There are lots of people that has been able to become rich through the help of virtual currencies like Bitcoin, so maybe I should count that as creating job opportunities.

Since its creation in 2009, Bitcoin and many other digital currencies have rapidly gained popularity. Today, all over the world, it's not uncommon to overhear people chatting about digital currency or related topics. the virtual future of bitcoin is very positive.
Yes the future of virtual currency is very positive. But I doubt the idea that it will one day be used to replace our conventional currencies, that is never going to happen. Conventional currencies that we are using now has taken over and you can’t change that.

Virtual currencies doesn’t even have what it takes to be used as a replacement for fiat. Fiat is very stable all-round, and can also be used electronically, just like making use of you bank app to send and money in your country or maybe using other servers like PayPal.
Aristus
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June 09, 2018, 04:41:39 PM
 #397

Yeah! It is true that bitcoin is doing great, the very unique digital money that grows beyond what anybody can expect and this makes it price more valuable. But I do not think it is advisable to make as a payment for every working person, this can only be advisable if bitcoin volatility will stop. Look at people who are easily panicking when bitcoin crash, how much more if the bitcoin comes from your salary and sees it crashing.
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June 10, 2018, 09:02:07 AM
 #398

The future of virtual money like Bitcoin is a trend, a popular  form of transaction for business and people. Bitcoin's security and safety is a factor that users are always interested in. But with the condition, there is a consensus from the government for the use of Bitcoin as a legitimate currency. This has not been accepted in my country.
iMark
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June 10, 2018, 11:05:55 AM
 #399

Some experts say, bitcoin and other cryptocurrencies would take place of a regular economy that we have right now.
Its impossible to happen I think, although the world will get more sophisticated and cashless currencies will get more popular I don't think that crypto will take over the world financial system, I think fiat will have a digital version as well to fit the era, crypto? may have a good future, but will not take over the fiat position
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June 10, 2018, 11:36:17 AM
 #400

The future depends upon the management of bitcoin, if the bitcoin is still been promoted the usual way then ,it will be continue for the future to come, the future of bitcoin depends also to the support and trust of the customers ,the investors and the people around bitcoin.
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