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Author Topic: bitcoin is the currency of the future? hahaha  (Read 441 times)
OuterTech
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January 12, 2018, 11:19:14 PM
 #81

In fact, as the Bitcoin rate continually decreases, Bitcoin still has many disadvantages, so few think it will be the global currency of the future. But one thing I must say for sure is that cryptocurrency will be the future of finance and money. It will completely replace the current monetary system within the next 30 years.

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markint
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January 12, 2018, 11:21:18 PM
 #82

It is true that at this moment bitcoin seems quite limited in its functionality as a currency, however none of these limitations is absolute, as solutions can gradually be found to improve its performance. However, I must admit that everything related to digital technologies tend to be gradually displaced by increasingly sophisticated emerging technologies, so there is no doubt that sooner or later there will be more advanced cryptos that will end up leaving the current "King" in oblivion.
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January 12, 2018, 11:28:17 PM
 #83

Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10. Grin
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTC has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.

I'm not sure but maybe it's too early to say this. If btc does not change in the future, becoming a global currency is quite difficult. The transaction is going on anonymously now, the management is quite difficult, then the money market will be very complex and the government will not accept it.
I don't think it is difficult at all for bitcoin. Because there are so many people these days who are aware of how huge bitcoin is right now. Probably will likely become a main currency in the future but i don't think it will replace the dollar or euro's. Bitcoin will probably only be used to do high payments.
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January 12, 2018, 11:28:34 PM
 #84

I think personally, bitcoin is the currency of the future. The high cost of bitcoin transactions, which is very prominent at the time of small transactions, could lose many users in a few years. But in my opinion, bitcoin will always be the best investment, and the people who invest will need more ways to make quick and cheap deals.
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January 12, 2018, 11:33:28 PM
 #85

Your doubts about Bitcoin's future are understandable as Bitcoin's rates are falling at such a fast pace, and there is a lot of negative news from Bitcoin. But that will only temporarily reduce the Bitcoin exchange rate, predicting that the next six months it will rebind strongly, surpassing $20,000.

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January 12, 2018, 11:39:25 PM
 #86

Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10. Grin
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTC has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.

You got a point.
Nowadays it's hard to use bitcoin for small transactions since the fees are outrageous.
But that doesn't mean that there is not solution for that.
As you may know there is no school where you get to learn  to become a "bitcoin engineer".That makes bitcoin development a bit slower however some updates are planned to solve this problem like SegWit,lightning  network etc..






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ladydark
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January 12, 2018, 11:42:26 PM
Last edit: January 14, 2018, 11:22:05 PM by ladydark
 #87

Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10. Grin
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTC has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.

Bitcoin does not suit for micro transactions now.I hope that bitcoin was not created for buying a cup of coffee.When lightning network gets activated,then all transaction issues related to bitcoin would get solved.Also,i hope that its mainly bought as an investment which would give good returns in a small span of time and not bought by hose keepers and grandmas for transaction purpose.

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January 12, 2018, 11:43:38 PM
 #88

it can be but it has to adjust in some ways and resolve problems like congestion
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January 12, 2018, 11:48:33 PM
 #89

the ETH is more likely to be really the currency of the future, bitcoin still exists because it is the first known but little by little it loses its place of dominant
Eth is just the same as Bitcoin. If you think that bitcoin cannot be the future currency so that its neither bitcoin or eth will become a currency of the future. But for now, I have a faith and not just me. More people put their faith in bitcoin as they hope that it will be the future, though we cant used bitcoin to small payments, sooner or later this problem will be fix.

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January 13, 2018, 03:46:38 PM
 #90

Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10. Grin
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTC has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.


Today it's really hard to call bitcoin currency, but I'm sure that it will be a valuable asset in the future. Bitcoin brings a huge profit and it's stupid to spend it on buying coffee.
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January 13, 2018, 03:54:05 PM
 #91

Yes, Bitcoin is the future currency. Aready cryptocurrecy gain so much popularity. And alteady a lot of Country and multinational company started accepeted Bitcoin officialy. Day bye day Bitcoin become very popular.
btcprospecter
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January 13, 2018, 05:46:13 PM
 #92

How people can't call it a currency is becoming more apparent if someone can trade it for goods or services then surely it is a currency. Bitcoin has become more of a store of value. Like op said the transaction fees are the issue that starts to stand in the way of the future of bitcoin.

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January 13, 2018, 06:26:47 PM
 #93

Sure you are right bitcoin will have issues if it does not solve its problems. But the problems are quite solvable especially if you look at how other coins function. LN is going to solve the speed and fee problem the only big one that remains is being anonymous and that can be solved by updating code too!

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hatshepsut93
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January 13, 2018, 06:42:19 PM
 #94

Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTC has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."


You are making the same mistake that so many noobs are making- getting into something you don't understand and then thinking you are an expert who can predict future paradigms. In reality, Bitcoin has a very high learning curve, you have to spend weeks and months reading books, papers, articles and discussions to start understanding how it works. Meanwhile, altcoin marketers are preying on noobs and selling them centralized systems masquerading as cryptocurrencies. So, if you really value your money, you should spend your time studying the technology instead of blindly believing what other people say, because eventually centralized and worthless coins will die, and you don't want to be a bagholder when it'll happen.

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January 13, 2018, 06:43:56 PM
 #95

what's so funny? millions of people are using it daily. the joke's on you.

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January 13, 2018, 06:50:46 PM
 #96

Yes why not , Bitcoin can be the betterment currency in the future. But nowadays people find some problems those who want the usage of Bitcoin in daily use and the transaction fee acting as a block in the future for goods and services

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