Bitcoin failed as a currency

[thihieu6541]

I do not believe that Bitcoin is only good for investment, Bitcoin is a digital currency from its inception. It has met the aspiration for settlement of goods and services which is major characteristics of currency. Bitcoin can go for both and infact its for both.

[1714180961]

1714180961

[1714180961]

1714180961

[sri.bima]

Yes I think bitcoin better be an investment of course, with the presence of altcoin of course bitcoin have to move from as currency melainnkan very high investment. the value of investing bitcoin can be redeemed or channeled in altcoin which has every benefit that people need with each portion of altcoin. I prefer bitcoin as an investment because for what altcoin is created if bitcoin should remain as a currency or other money flow activity such as paying for public activities, I think it's a waste of time.

[Polina Malina]

Bitcoin should not be just an investment. I think that Satoshi did not create it for this. It was created for people to make it easier to make payments, be independent of the state and earn.

[kristen09192]

Bitcoin is an online virtual currency. It has no real existence. Bitcoin's price is always variable. As once government encourages people in businesses can also start using it as it becomes legalize and also an effective mode of payment method.

[Gondwanaland]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

Bitcoin now is still in the process so we can’t say that the bitcoin will failed as a currency. Yes bitcoin now sees in the investment site but atill there are people who sees that it is a currency because they can ise the bitcoin as a a money to pay there needs in life.

[PerLasz]

In my opinion we can't stop the word change the way that it should be because sometimes change is necessary to implement for the demand base on the situation. The demands that certain  gives signal to change that also base on what the needs of the market.

[TommyJr]

Bitcoin is not failed i the case of currency it is just the matter of time.

[pastan]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

At the present moment bitcoin actually lacks of the features, that he was meant to have to become the currency. But in the future everything will change with lightning network. Block size can be increased too.

[ucingucingan]

Failed as a currency kareba many countries that mencekalnya as a substitute currency transactions of the state, because if used as a substitute currency then the country is feared will experience economic crisis, maybe bitcoin will be successful as an investment commodity

[baho11]

In my own opinion bitcoin never failed as a currency only price decline but being a currency is still on the top.
We are not to based this time only but also the positive and good investments bitcoin has done.

[DimensionsOfHell]

I do not even know what should happen to bitcoin collapsed. capitalization of it is still on the first place, they also warm up the news of the media, which tell us about the fortunes of some investors, investing in it earlier and that its price will continue to grow. probably it's just a heating up of interest.

[saurav111]

Not i think. With Bitcoin's current price decline, we all know that now is the right time to buy Bitcoin. This price drop can be a frightening specter for some people, but for people who are not afraid of risk and have known Bitcoin for a long time, they will see this as an opportunity to get as much profit as possible. Do not wait to buy and collect Bitcoin as much as possible, because we do not know what will happen in the future in the near future or in the long term. It's possible that Bitcoin's price will decrease to lower, and Bitcoin's price will probably increase soon. So you should make the most of this opportunity.

[gesdan]

yes right now bitcoin is not the currencies but bitcoin be the investment media which is bitcoin failed to be digital currencies that can be used by many people in the world, but i think its because many country is not agree with bitcoin system, i think if bitcoin system is legal in all country bitcoin will be the currencies across the world

[mklost]

Bitcoin always will remain as digital currency. We can't hope bitcoin as a real currency. That is not possible for many reasons. Bitcoin is the decentralised digital currency; No one knows who is the actual inventor of bitcoin. We heard Satoshi Nakamoto's name, but no one knows him online or physically. Governments can't control bitcoin for its anonymous transactions facility. Besides these, bitcoin price is not stable, and it is too much volatile. Bitcoin price remains volatile forever. So, as a real currency bitcoin is failed. Though you can't say, bitcoin is a fail where bitcoin is not a real currency.

[666Kleopatra]

Bitcoin is just gaining popularity. Only 1 person with 1000 used ever beatcoin. There is still no critical number of participants when the bitcoin system will be able to reverse the course of history and capture the whole world including daily small financial operations

[camily.june24]

I think it wouldn't. Besides, by that, bitcoin has been purposely working.If you try to look at now, many investors are now into Bitcoin because they want to have profit rather than use bitcoin as payment method.

[Miles123]

Bitcoin is not a failed as a currency because it has the highest value and no one can control that money even the governments. If you are old here of using this forum, then you already know how bitcoin important to us.

[xbl1008]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

you may not feel it now but in the future when the volatility is low and the market is bigger that we see it now where as nearly all of us is using bitcoin as a means of exchange you will appreciate it much better, but if you really look deeper to what it can do as of now it functions as a currency like what it does in forex a center of exchange for other digital currency without bitcoin there will be no altcoins.

[Silenox]

This is relative, the initial idea was that everyone would mining with CPU, which was spoiled by Asics. It is very volatile compared to fiat, but 1 Bitcoin is always 1 Bitcoin, this has incredible value. The "problem" is how much fiat it takes to get a fraction of Bitcoin, which makes it so volatile.

[Altf4]

I do not think bitcoin failed as currency, because it has establish in the cryptoworld, it is not recognized in the outside  world , but some of the banks ,stores , establishment and industries, are starting to accept bitcoin, but in the digital world  where bitcoin is circulating  the bitcoin have reach a milestone , and it is so popular coin in the coin market, so I can say that bitcoin so successful crypto.