sader1
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July 09, 2018, 01:53:47 PM |
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No, I don't think so. If bitcoin failed as a currency why every people talking about it, why it is so famous. I think it is very successful.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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leostrong.mo
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July 09, 2018, 02:00:26 PM |
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Because BTC's price volatility is too strong, many people think that BTC as a currency is a failure!
This is because BTC has not been accepted by many countries and is easily manipulated by people!
When BTC is accepted by more people and the price of using BTC will be stable!
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mlgblockchain
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July 09, 2018, 02:10:34 PM |
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No, I don't think so. If bitcoin failed as a currency why every people talking about it, why it is so famous. I think it is very successful.
Bitcoin sure is famous and to some extent it is successful. Not just successful, it is very successful. BUT, you should realize by now that Bitcoin is not successful as a coin. People all over the world is using BTC but none of them use it as a currency. We might use it as a currency in the long run but I don't think it's going to happen any time soon. |
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12tribes
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July 09, 2018, 02:16:15 PM |
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Bitcoin did not fail as a currency, no. It was and is still used as an instrument of payment. it will continue to see usage and patronage as the countries continue to embrace it. the bitcoin will continue to find value among crypto enthusiasts and lovers.
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ngefek berat
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July 09, 2018, 02:29:37 PM |
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I think it is still very difficult for bitcoin to be made as a currency in the various of the country because with the concern of the majority of countries when receiving bitcoin is still often the case will result in investors remain patient in the next few years.
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sinta23
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DogData
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July 09, 2018, 02:54:21 PM |
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I think it is still very difficult for bitcoin to be made as a currency in the various of the country because with the concern of the majority of countries when receiving bitcoin is still often the case will result in investors remain patient in the next few years.
indeed every country it was was with this. because they also think that the risk of bitcoin is sometimes very high. so this makes every country anticipate. |
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Aponkye1
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July 09, 2018, 02:59:12 PM |
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Well i agree with you that bitcoin has failed as currency which was supposed to be used in our daily lives because most cryptopreneurs are holding it as an asset. But i believe this would change with time as we move from a world of fiat currency to digital currency which would require one to use his/her digital currency. If that happens there would be more bitcoin in the system.
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Menthil85
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July 09, 2018, 03:09:54 PM |
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bitcoin is made as currency, but bitcoin can not achieve its purpose, it can be said to fail to say no, because in some countries also have used bitcoin as a means of payment, for example in online stores, but bitcoin also can be used as an asset for future investment, and the price is also on top of other coin coins, it means bitcoin still has a very bright future for its holders.
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jannatakter
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July 10, 2018, 02:29:33 AM |
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Bitcoin is not a natinal currency but in the future bitcoin may be a popular exchance we will achieve such a goals.I think it is very successful.
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whoisyourking
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July 10, 2018, 03:59:48 AM |
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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 ?
This is already attached to bitcoin those investors who really dont know what the true uses of bitcoin they dont really into the signifant value of bitcoin, the only thing theycwant to bitcoin is the value and their profit. |
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zelenkova
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July 10, 2018, 12:33:16 PM |
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Now more and more organizations and various enterprises are starting to accept payment in bitcoins, but at the same time we can still earn on its growth, thereby it can be called also an asset on which you can earn in addition to payment.
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yusupjatigumilar
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July 10, 2018, 12:39:24 PM |
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bitcoin fails to become a currency because many countries consider illegal bitcoin if used as a means of transaction, this is because if bitcoin is used as a means of the transaction then it is feared that the country's currency will weaken its exchange rate
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timmy2toes
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July 10, 2018, 01:01:21 PM |
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Hi all,
First post, but surely the whole cryptocurrency landscape is to young to call on weather its a failure or not.
Bitcion is still extremely young in terms of currencies of the world. I think in ten years or so we could make a better call on weather its a success or failure.
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penetrak
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July 10, 2018, 01:02:00 PM |
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Thanks to the technology that makes Bitcoin work, it is a means of safe and fast money transfer instead of the means of payment. When it comes to transferring value, bitcoin is a premium asset. Whether it's transactions in cents or millions, bitcoin is one of the few means that makes such transfers almost free and instantly around the world. Bitcoin may become a currency in the future, but it would have to accept it globally, so far it is considered an investment.
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acord00
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July 10, 2018, 01:08:03 PM |
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Actually bitcoin does not fail as currency. But, bitcoin is struggling to become an acceptable currency worldwide. Not an easy thing for new currencies like bitcoin gain confidence in everyone's heart. Not to mention the state policy that prohibits bitcoin as a transaction tool. Certainly, it is certain that they are not open with new technology. I see that bitcoin already showing progress as currency. Bitcoin creates paper currency and bitcoin sets up multiple ATMs in several countries. Of course this bitcoin effort should be appreciated.
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Man From The Future
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July 10, 2018, 10:44:00 PM |
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Most people have bitcoin as their investment asset, not as currency for payment or transaction process. This is due to the instability of bitcoin price, so people are reluctant to use them. Someday if the bitcoin price is stable, I'm sure bitcoin will be the currency as it should be.
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blue_dragon
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Powered by Artificial Intelligence & Human Experts
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July 10, 2018, 10:55:40 PM |
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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 bitcoin is successful in being a currency because it is being used by many people and that is one thing that has the bitcoin, being popular to our world so that it has a power. |
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banoi
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July 11, 2018, 03:36:09 AM |
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It's just money for speculation and no real value. Because virtual currency is forever virtual currency
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dead_m92
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July 11, 2018, 04:07:04 AM |
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it has not failed yet, i think that bitcoin has a huge path to keep recovering before something bad happens, it is more than alive for me and it will keep going on for more than years
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Sijan677
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July 11, 2018, 06:03:59 AM |
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Let us wait for Bitcoin to finally reach a certain level of stability and we will see how it will function more as a currency rather than as a speculative asset.if the bitcoin price can be stable maybe bitcoin used as currency will be the main choice for the community due to the speed and convenience of transaction services provided by bitcoin in the system.
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