Is Bitcoin the next big thing?

[brontosaurus]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Bitcoin can replace fiat currencies. This is really the most hot question in town these days. Lets keep the volatility of bitcoin aside because the whole crowd hasn't  yet joined the party. What are the other cons that it faces? the transaction fees! You need to pay around 10% of the money you are sending in form of a fees? While this amount in fiat is just $0.1 while doing NEFT/RTGS. Then comes the problem of time of transaction. Who will be willing to spend hours just checking whether the transaction has confirmed or not. So its impossible to use such a currency as a daily means of trade settlement.

[Shenzou]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Bitcoin can replace fiat currencies. This is really the most hot question in town these days. Lets keep the volatility of bitcoin aside because the whole crowd hasn't  yet joined the party. What are the other cons that it faces? the transaction fees! You need to pay around 10% of the money you are sending in form of a fees? While this amount in fiat is just $0.1 while doing NEFT/RTGS. Then comes the problem of time of transaction. Who will be willing to spend hours just checking whether the transaction has confirmed or not. So its impossible to use such a currency as a daily means of trade settlement.

All of what you are saying is true, and maybe people are not using bitcoin as a currency because they see it as an investment, and maybe the transaction time and fee prevent it from becoming one, but bitcoin and cryptocurrency is still in its early stages, it is true that it made huge progrees and made an impact on the world, but threre is still much to go, and with the develpement and the updates to the network that are constantly being made there will be no suprise that we will see bitcoin being use as a currency by everyone.

[PrinceCaspian]

For sure it is, bitcoin is the next big thing as you can see in the market that it keeps on going up and i think that the adoption is yet to come for bitcoin in the next year since it have gotten exposed to the public this 4th quarter of the year and i really believed that bitcoin will be costing more than ten folds in 2018.

[SixOfFive]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

I think Bitcoin development is the revolution in financial world in 21 century. In term of tech. development, BTC invention is the most imp and popular invention of 21 century. So i can say that Bitcoin is not a next big thing, It is the Best and BIG thing of 21 century .

[shillberting]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Because if they are smart and enter in at a smart time and entry then they stand to gain a lot. Cryptos are risky and they also stand to gain to lose a lot but that is what makes these markets so great. If you do your homework and you play your cards correct you can take yourself out of poverty in no time it only requires time, effort, and some brains.

[R.A.Y]

you need to know that today bitcoin has become a big thing in the world, bitcoin has grown very rapidly from the beginning and has a positive progress for investors or its users.
we should realize that the change in bitcoin value is very fast and not easy to predict, but bitcoin remains one of the favored investment by the community that can provide good benefits for its investors.

[winteroxalis]

I don't see any wrong if Bitcoin turns to be future currency however It's really depends on what will be next economic state where the national bank will depends on.

Digital money like Bitcoin becomes valuable enough if the government accept/introduce the innovation of future monetary money.

I'm excited to know if Bitcoin will stands still in the next coming years.

I'm not a fan of Bitcoin yet. I never tried using it purchased and sell something. But my hands are open for an opportunity.

[darewaller]

yes right now bitcoin is the big thing for any people because as we know that bitcoin in this year have the increase value, this situation makes all investor want to invest and getting profit from bitcoin, so popularity of bitcoin is increased too, and makes all people wan to have bitcoin even the big company see and learn about bitcoin and want to use bitcoin as their payment of their products

Yes, everyone knows it is the big thing in market now, but the question goes like this– is bitcoin the next big thing? Which is likely pointing out to the future of cryptocurrencies. As for me, there are other cryptocurrencies that are really competing, and if no care is taken, Bitcoin might fall and find itself below these other coins in the market. Bitcoin really needs some improvement. As of now, many Investors are running off to something much better.

[raven7886]

yes right now bitcoin is the big thing for any people because as we know that bitcoin in this year have the increase value, this situation makes all investor want to invest and getting profit from bitcoin, so popularity of bitcoin is increased too, and makes all people wan to have bitcoin even the big company see and learn about bitcoin and want to use bitcoin as their payment of their products

Yeah, and despite all that is going on right now, I still believe that bitcoin still has a lot of time to keep improving and a lot of things changing in the long run which absolutely shows that bitcoin is really going to be a big thing in the future.
As long as what we have keep going, and then we start seeing people who really believe in bitcoin and its usage, then we will end up seeing the great part of bitcoin.

[Drnice]

Bitcoin is a crypto/internet currency that is decentralized and free from the governmental control, owned by nobody and originated with the human intelligence. But fiat has been in existence right from the birth of every nation(s). This is why bitcoin cannot replace fiat cause it can't be monitored or controlled.

[unneros]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Because they believe it will increase or decrease by 20 percent in a few hours will make them profitable. You can earn huge profits in a few hours why not want to invest in it?

[RavenHood]

In my opinion, yes bitcoin is the next big thing because of the evolution of technology may be in the future bitcoin become the legal cryptocurrency. If we are talking about bitcoin’s capability bitcoin has a huge potential, and you can use it easily. Bitcoin is a digital currency that you can use to buy the things that you want in online if they accept it, but the acceptance of bitcoin is very low.  Maybe in the future bitcoin’s acceptance will increase.

[Jemzx00]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

It cannot replace a currency because it is very unstable. And people invest on bitcoin just because the money moves fast and it is about the right timing, when you invest in a lower price and then the price jumps high, then you will generate a great amount of profit. And that is how bitcoin became popular for many people who knows how to invest right with cryptos.

[SkyFlakes]

this has already been discussed before, and this question is the same, of course for those who want to know bitcoin should bear a high risk, so those who want to invest in bitcoin should be ready in every way, bitcoin can not replace the original money. bitcoin is just a digital investment tool.

I agree with that and given the fact that Bitcoin is being recognised nowadays soon it will be making its name towards people who dont accept and know it yet, it will introduced to difderent establishment for them to acwuire with this currency and be profitable itself, I see this platform being one of the greatest hits of the technology die to its potentials.

[chris molty]

"the big thing" it was not when it went from $ 1 to $ 16k?

[Omega Weapon]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

Because bitcoin gives you true ownership of your money, the money in your bank account is not yours, you put it there but banks can confiscate it for any reason they may like and sometimes you do not have to do anything wrong in order to lose your money, Cyprus a few years ago confiscated part of the money on the bank accounts of people, and believe me that is going to happen again.

[Sexie]

For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

.                   I think big thing in a sense of beng digital currency. Using that for investment , especially those rich people in this business ,where they can Hide their assets from government regulations. In this case those investors can Help also the miners . Digital currencies in my opinion can never replace  local currencies, because of Its features, unlike local currencies that you can spend it anytime without even a gadget.

[_Dawid_]

OF course bitcoin is a new big thing, but what do you mean exacly? What is big thing for you? Huge price, value, popularity?
Bitcoin of course introduced the world into blockchain tehcnology which is a very good advantage for him. Everyone will always remember about bitcoin, but it won't change the world the way you think it will. I think even closer to its is Ripple (low cost of transactions) or just banks whom are testing a blockchain technology. We will see how will it end, because both sides want to win the battle.

[migolmigol]

Actually, it is already the "big thing". This is because the value of Bitcoin now has already surpassed all the other investments. That is why many and predicting that it is the next bubble that will burst. However, this was being said even before when the price is twice as low. But look at it now. It may have a big decreased lately but it is going back up again and the social media is keeping on the hype of it. Which is why I think it is now the big thing. It is now the time of Bitcoin.

[intoy_victor]

Yes bitcoin really next big thing. Its really big thing right know. Not only its trending its because bitcoin has a high price value and many investors are investing here in bitcoin because they want to earn more there profit. Bitcoin is big thing because it is new kind of currency that you could earn by working and receive payment buy digital only.