Is Bitcoin the next big thing?

[ActiveWizard77]

Come to think of it. Bitcoin right now is already considered as the big thing on the internet and in the world. Its popularity had surpassed our expectation before when it was just starting.

[cheann20]

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?

 Yes I do believe that bitcoin is now high thing and it will give benefit to me and to several people who are investing bitcoin and holding. Bitcoin transaction is now not very high and it is fast now in future bitcoin was nor very expensive but bitcoin transaction fees was very high and it is now proved that as much chances bitcoin has for people not everyone has capacity now to buy it..

[Tungsten-1]

For now bitcoin is really a big thing and i guess this can be bigger after a year, many rich people invest their money to get huge profit but of course its not about always on profit ,you need to face that fact that if you invest on bitcoin there is also a chance that you can also lose your money.

The price of bitcoin is so high that the risk involved in investing now is really huge as the possibility of a crash could scare any small time investors ,one thing is certain,the price wont go higher all the time,there will be a time when there is a correction,make sure you ride the market and book your profits in time and play safe.

Agreed but the thing is you actually need to take such kind of risks in your life if you actually want to change your life in a positive manner. I am very much sure that bitcoin will never ever disappoint the ones who invested in bitcoin. The market of bitcoin does fluctuate but it does not mean that it will go down all the time. It will rise high and it will for sure help its investors in making money.

[ngefek berat]

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?

If to change the normal currency may not necessarily because bitcoin has a fluktuatif price value So many people will reject it.But if the use of investments is very suitable Because the benefits can be obtained in a fast period and able to help meet all the economic needs every day

[maaydin]

The volatility of an asset is a dangerous thing as it can create huge loss but at the same time it can make huge earnings because in stock market in order to make a 20% profit you should wait around 3-4 weeks.

[Omega Weapon]

Your statement is full of contradicory remarks about each other. First off, bitcoin isn't supposed to replace the whole traditional currency scheme already existing; bitcoin is supposed to co-exist with it and give people better options to have more control over their money. Second, I'd invest in bitcoin because it already has proven itself. Look at the charts, it's already the biggest thing around. Lastly, institutional investors are now drooling over the gains of bitcoin and have since tried to enter the market through futures that they offer in their platforms.

True bitcoin is only meant to be another option, it is highly likely that bitcoin is going to replace the current economic system, banks and governments that benefit greatly from it are never going to allow it, but bitcoin can be used as an investment and as a store of value, just look at the price, I do not have much bitcoin and yet the benefits I have gotten are remarkable and I'm sure those benefits are going to get even better in the next years.

[jaysabi]

Bitcoin isn't likely to be the next big thing. By all appearances, Bitcoin is on the wane and other alts will replace it as more useful, faster, and cheaper alternatives. Right now, Bitcoin is at capacity and the mempool is overflowing with unconfirmed transactions. This has pushed the transaction fees through the room which makes Bitcoin rather worthless for commerce. On top of that, the solution being worked on is the Lightning Network, which is a centralized system that takes transactions off the blockchain in order to free up capacity. So essentially, the solution to Bitcoin's problems is for Bitcoin to stop being decentralized and start being centralized? In 2018, I'm looking for Ethereum, Ripple, and Bitcoin Cash to likely pass Bitcoin in market cap as people flee BTC for more useful and cheaper cryptos.

[Dmitry.Vastov]

Todays world is an faster growing world.  In this world everybody wants to follow trendy and innovative thinks which makes their life easier. Bitcoin satisfy both the mentioned thing. In the economic sector bitcoin will be the next big thing. Bitcoin changes the way of living like money transaction. It provide end to end uninterrupted money transaction in which no third party interfere. Bitcoin help people to know the benefits of virtual currency. Bitcoin involved both directly and indirectly reduce unemployment issues. Its innovative technology and software make it next big thing

[Sengoko]

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 will no replace fiat in just very easy way. Bitcoin needs to build itself just to prepare this kind of situation before anything will comes straight to be the king.

If you talk about Bitcoin  replacing paper money on its own then it is not possible, not in a near thousands years. It is a good crypto coin but definitely due to some reasons it cannot wipe out fiat or paper money. The foremost reason is the total number of Bitcoins that are available to the whole world.  We all know this amount is not sufficient for the present world population. However, I have this vision that one day we will be living in a cashless society.

[alphaomega.f]

it could be a big thing, actually, in terms of it having a possibility of increasing to a value that's unimaginably high but has a possibility of decreasing also, well everybody knows the fluctuation of its market cap,  but if you perceive it as in terms of bitcoin used as an exchange of fiat currency, that's not gonna happen because butcoin is not made for that.

[Ctn]

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.

It is not and the same thing as you wold work for the normal job. You always have to work for earning things and bitcoin is no other thing than that. Anyway it has its own advantages over the fiat and other valuable things, where it grows when we keep it as it is. :-)
Bitcoin currently in the situation where the paling issues continues even after they said that it was resolved in the last big hard fork. The continued hype of the transaction fees and problems arising due to that will kill the bitcoin popularity or at least it may decrease it in the near future. So it is threat to bitcoin being next big thing stuff!

It will stay on the top no matter what because most of the crowd believes in the bitcoin only but again what we can say about the other rivals of it who are already jumping like crazy now a days. :-)

[jrrsparkles]

Come to think of it. Bitcoin right now is already considered as the big thing on the internet and in the world. Its popularity had surpassed our expectation before when it was just starting.

Yes you are correct bitcoin is already considerd as a big thing in today economy but in some countries bitcoin is not allowed to use legally by people for their regular use but in future all countries in the world surely accept bitcoin legally so definitely bitcoin is the best and big thing in future .

[Kolly]

Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario ...
 wether Bitcoin can replace normal currencies ...

bitcoin is not supposed to "replace" fiat. and it was never the plan. it is like saying when Paypal started back in 1998 it was supposed to replace all traditional money!

bitcoin is like an option, a secondary currency that is decentralized and free of censorship and government control. anybody from anywhere in the whole world can use it the way they like without answering to anyone.

Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

this has nothing to do with bitcoin being the "next big thing" or "replacing fiat".
and to answer your question, many people are investing in bitcoin because it is volatile! you don't see a trader jumping up and down saying the asset i bought to make profit is not moving at all, woot woot.

Bitcoin is a next big thing this kind of crypto currency is dominating the big countries.But some countries didnt know about bitcoins so we must continue to teach people about btc and getting well known all over the world.

[3la9l_kolbaCa]

bitcoin is the biggest thing for me right now though it is just a system but it is the powerful system , the security of it so very much. bitcoin is the most valuable coin in the cryptocurrency right now meaning almost all of the altcoins are depending on it.

[Wylie330]

Once the hard cap has already reached, the price will become stable. Volatility will never be an issue since the supply has been distributed. Its price is not a big deal since people do not support Bitcoin just because it increases in value. Bitcoin has supported by many because of its features that could really help our world to become free and better.

[jaysabi]

Once the hard cap has already reached, the price will become stable. Volatility will never be an issue since the supply has been distributed. Its price is not a big deal since people do not support Bitcoin just because it increases in value. Bitcoin has supported by many because of its features that could really help our world to become free and better.

I don't see a reason volatility will decrease when all the coins are mined. It's not the change in supply that's driving the volatility, it's speculation by buyers, and there's no reason to expect speculation to abate once all the coins are mined. The speculation is a type of mania, and the more volatile it is, the more volatile it is likely to become. It's a feedback loop. Have a stable supply and that doesn't do anything to the mania necessarily.

[Sadlife]

Bitcoin was never meant to replace fiat but meant to be a secondary choice or alternative payment for people who wants decentralized,  free from regulations and not controlled by governments type of currency. Yes it is very volatile that's why it manage to make money millionaire's in just hours or days with it's insane price leaps, it may go down but it eventually recovers. That's why people invest in it.

[james23]

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 is going next big thing because it gives people more hope and provide everything it changes life of everybody

[etron]

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?

addressing your question bitcoin will replace normal currency, it is not possible because the normal currency is a currency characteristic of each country, if it will change the normal currency into bitcoin that will happen no more countries will become a government (unreasonable) and if you want about bitcoin investment try here www.daneel.io an investment place that can help you in cryptocurency that will shake the world of crypto, and here can help you anytime.

[Budugbass]

Bitcoin is a crypto currency that indeed will be a big thing, even at right now it seems to be a big thing for many people due of the many advantages that can be obtained as well as the benefits in the transaction which more simple.
But although bitcoin has become a big thing, I don't think bitcoin will replace / shift the regular currency, I think it will remain an alternative currency that would be continue to coexist with a regular currency like a dollars in the various countries.

Anyway, I think not everyone was interested on investing in bitcoin, many are still unaware of bitcoin and are not even interested at all because of some thinkings or opinions.
And for the people who are interested on investing in bitcoin, this is certainly due bitcoin has been proven having a price movements or a very natural price changes that's certainly in a certain period it would be tends lead to a higher.