keskass
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March 04, 2018, 02:07:59 PM |
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Currently I think not, the price is still very volatile. I will never sell my item for $10 while I buy $30. There's no way I'll wait until the bitcoin price goes up so I can sell my good.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Bitcoinismylife12345
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March 04, 2018, 02:08:22 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
That's the original vision of the one who made it, Satoshi, to use bitcoin as a digital currency without third parties involved. However, as the time goes by, bitcoin became an investment to a lot of its users and storage for wealth for big investors. I see it positively, cause why not? Using bitcoin as a payment to a lot of things that we're buying can be a great help, easy transactions, more cheaper and no taxes. I am thinking and hoping that we can achieve it in the near future. |
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saiful1234
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March 04, 2018, 02:16:44 PM |
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Bitcoin is not money. It has no from like dollar and euros. So it is currency not money.
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Harper6
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March 04, 2018, 02:23:33 PM |
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Yeah it is true that, bitcoin as money. I think, bitcoin really improves of this world and improves of our personal life. Because bitcoin always gives our highest money. So I think, cost of bitcoin is better and I can say that, bitcoin as money.
I also feel bitcoin is just like money and most people need it. Yes, it's true that today the bitcoin is getting high and helps to improve the lives of most people. The more you work, the more you will be able the more you get bitcoin and you can also use them in daily life, and the bitcoin is serving as much money, I agree with you. |
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waskaplung
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March 04, 2018, 02:37:51 PM |
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For bitcoin and the whole crypto-currency and the future. Invest and earn Crypto currency now. In 5 years you will be happy, having a different credit currency
I don't think so because That's low single-digit gains, so say the economists. "Digital currencies should be thought of as low/zero return or hedge-like assets, akin to gold." Bitcoin is no match for the dollar. The biggest rival to the dollar today, other than the euro and yen in terms of trade, is China's renminbi, not some cryptocurrency. |
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jakelyson
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March 04, 2018, 02:40:38 PM |
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As you say, it is the future of money. Maybe someday we can spend it as we please but that will have to take a long time before it happens. Lots of things needs to be fixed first. Like, government regulations about bitcoin, tx time and fees. These things are not impossible to achieve but takes time. I am positive this will happen someday.
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White Christmas
Sr. Member
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Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
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March 04, 2018, 02:43:24 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
We can do that but not all of us. First of all, not all the people as well as some retailers have an idea about bitcoin and other crypto currencies. Maybe in the future, there will be some retailers that will accept bitcoin and other crypto currencies as a way of payment. In that way, we can now use bitcoin to buy something we need or want. |
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zwiggel
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March 04, 2018, 03:09:46 PM |
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right. bitcoin is like money. Bitcoin can trade and pay for cash. But the bitcoin value always changes and the money is not changed.
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yudhistira
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March 04, 2018, 03:13:32 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
In my opinion, this will be quite difficult if the fees and the speed of the transactions remain the same as they are now. In my opinion, sooner or later, the crypto currencies will become a part of everyday life, but perhaps not through the BTC.  |
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Destroyeroff98
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March 04, 2018, 03:15:30 PM |
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That would be very interesting. I like the idea to have credit, debit cards with Bitcoins.
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kaizerblitz
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March 04, 2018, 03:15:52 PM |
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I think it will work if bitcoin become actual money that will replace fiat currency maybe the world will changes and the good is that your money will secured.
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bucker steemit
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March 04, 2018, 03:20:04 PM |
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of course I personally consider this as a negative thing. I think for now bitcoin can not yet be a substitute for money in terms of payment terms. you know the movement of bitcoin is very fluctuating and that's one cause bitcoin can not be called as a means of payment.
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heureca
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March 04, 2018, 03:22:11 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
Despite of transaction fee decrease I think that BTC is investment tool but not payment tool. There are other criptocurrencies that will be more suitable for payments |
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ukw
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March 04, 2018, 03:24:35 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
BTC is the basis for the future development of money in my opinion, and what will happen, we only have to see for ourselves. To consider such a thing is a difficult task. |
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iamsange
Sr. Member
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Seabet.io | Crypto-Casino
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March 04, 2018, 03:39:06 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
i think for now it is not really efficient. Fees still be problem. people wouldn't want to pay fee that higher than price of something that they buy. maybe for something online like software or program that usually have high price, bitcoin can help |
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safarabela
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Activity: 353
Merit: 4
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March 04, 2018, 03:47:18 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
Yes, bitcoin you can use as a means of payment to buy food as long as the grocery store receives payment from bitcoin. But I prefer to use local money to buy all my needs. And for bitcoin I prefer to be an investment. |
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Crystacool
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Activity: 98
Merit: 0
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March 04, 2018, 03:49:15 PM |
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
I think this is the best development of bitcoin. Now the value of bitcoin is high. People can exchange bitcoin for legal tender, and I think bitcoin can now be regarded as money. |
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Beremat
Full Member
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Activity: 263
Merit: 100
YGOLD is a Defi platform
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March 04, 2018, 03:52:11 PM |
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of course in the future BTC can be used as money but this need some conditions. the first, BTC team must solve BTC problem about the speed and the high fee. the second, most of countries in the world have to accept BTC and the last, BTC price must be stable
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jeysonserafini1
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March 04, 2018, 04:01:04 PM |
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Bitcoin is not money. It has no from like dollar and euros. So it is currency not money.
Yeah , it's a scale to calculate money not money, like USD or euros. Actually it's a currency for people to transfer from this kind of currency to another. |
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Ismat Morshed
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March 04, 2018, 04:06:45 PM |
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Bitcoin is already used as a currency, to buy and sell goods and services online, but it is not yet really used offline.I prefer to use local money to buy all my needs. And for bitcoin I prefer to be an investment. But I believe that Bitcoin is in fact money and it is even better than fiat currencies in many ways.
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