Bitcoin failed as a currency

[Esteler]

I think Until now, we can not say that bitcoin fails as currency. Because we do not know how much it helps us when the time comes that bitcoin will rise quite rapidly.
What kind of prices are on the news as it sounds that by 2020 bitcoin will become more expensive and become a digital commodity asset and I think it's time to buy bitcoin now before it's too late for us to have dream hopes of success.

[tumokatok]

Bitcoin can only be used for the digital world like computers and the internet world which means bitcoin will never be physical money. and in my opinion bitcoin has become very successful by being a digital currency

[jojohamasa]

Everything is available in the cryptocurrencies market
It is not possible to determine the success or failure of the bitcoin in such a short period
And if you want the truth, it is closer to success
It has adopted large trading sites on the Internet
But has already mining  it and has become a recognized means of payment in some important countries
I believe that the currency will mature in its performance and become a bitcoin recognized globally and will play an important role in the global economy

[Maheshkumar_Hrangkhawl]

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 was supposed to be used as a currency. But Satoshi Nakamoto never said that Bitcoin's sole purpose is being a currency. It is just one of the many uses of Bitcoin. BTC can be used as a currency, as an investment asset or as a store value for your wealth.

[agatha90]

Most of the people know bitcoin because they can invest the coins with the lure of big profits, so people know the bitcoin currency luck for those who invest in it.

[vladimirjune]

You have a point, but remember this one, Bitcoin has been abandoned long time ago and keeps on rising because people adopted it and it is the first digital currency. It looks like a investment scheme but i belive other coin will replace bitcoin soon.

[xiahui135]

bitcoin is not a currency. it is a digital asset.

[eipeng]

No one can predict what will happen to bitcoin. Today we have blood market but tomorrow is different. All i need to do is to wait for the future and what it brings to us.

[Kola]

I do not think so. It is not for regular life at the mometn. For me, Bitcoin is enough as another coin exchange currency in the exchanger. Because I never use Bitcoin to shop for certain items. As long as Bitcoin has demand and Value, Bitcoin can we call a successful cryptocurrency.

[love_you_much]

That is so. I think this is just a market for us to invest and make a profit and it will not become a currency because of the high volatility. And day traders have created this volatility as they buy and sell constantly.

[sulec70]

I think no because bitcoin is used for online transaction and the price of bitcoin is not stable, but if bitcoin become stable maybe it might be possible that bitcoin will become currency, but for now, there's no chance that bitcoin will be used as currency.

The other reason every country have their own currency so where do you think the country of bitcoin?

Bitcoin is decentralized and we couldn't just credit it to China or other countries as their currency.

I think so.Due to unstable price and no central bank as issuer and regulator, bitcoin can not be used as fiat money as expected. It is.more preferred to be investment instrument than as payment.method. It.is quite risky when it is acceptable as payment instrument for unstable price.

[Baby Dragon]

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 failed as a currency i think it will not happen because bitcoin now is successful. Bitcoin is still growing and many people around the world are still introduced the bitcoin.

Bitcoin is very popular all over the world and now continues increasing and successful. Many people are interested to join in bitcoin cause they bitcoin give them successful life in the future and I think bitcoin it will be a currency in the coming future because the benefits and advantage given by bitcoin.

[pencuri hati]

for me bitcoin does not fail as the current currency because bitcoin still persist with cryptocurrency. and many of the people who transact through bitcoin. i think it does not fail.

[AurumService]

Today it failed but tomorrow it will rise. Volatility is the main advantage of e-money.

[r1a2y3m4]

How can you say that a thing could be put through as an investment and does not include money? How's that? Is that what you're saying? Well, honestly you're someone who does not understand bitcoin for a fact .

[yaghoniyu]

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 ?

I think we can not say it now for the future is still a bright with bitcoin. For now bitcoin is high volatile, but I still believe in the future of this, bitcoin will be a major currencies in the future. We will see it.

[Aryadwipanggah]

in the long run too I'm not sure bitcoin can change as a currency in general, bitcoin price instability becomes the main obstacle bitcoin unacceptable so the currency and will only be an investment asset

[Laily alie]

I think it's hard to change in the long term. As the cost of bitcoin trading is high, it is unstable. I think crypto can be used instead of cash but another kind of crypto money, not bitcoin

[tumokatok]

bitcoin does not fail as currency. but I think bitcoin is one of the promising investments that can be converted into local currency, because bitcoin is also a digital currency that gains more trust from the global community

[david tien]

I believe that bitcoin is a profitable currency. Many have succeeded in investing here. bitcoin is going on a lot in the whole world now Yet bitcoin can not be used for daily expenses.