ainaya1994
Newbie
 Offline
Activity: 159
Merit: 0
|
 |
July 28, 2018, 09:38:51 AM |
|
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 ?
maybe in the long run bitcoin could just be a regular currency but the odds are very small so I think bitcoin will be onward to be an investment ... |
|
|
|
|
|
pinoyden
|
|
July 28, 2018, 09:45:31 AM |
|
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 ?
maybe in the long run bitcoin could just be a regular currency but the odds are very small so I think bitcoin will be onward to be an investment ... Bitcoin cant possibly become a regular currency because it is not a government/bank based . bitcoin is a crypto and they are only meant for online usage but bitcoin did not ever failed as a currency because many stores and merchants are now already using it as a payment method although many people are just only using their bitcoin as an investment tool because it is already known that bitcoin can increase its value in the long run. |
|
|
|
|
gorkin0606
Member
Offline
Activity: 140
Merit: 10
|
|
July 28, 2018, 09:59:50 AM |
|
I think that we will see even greater growth of bitcoin. It can happen in the next few years.
|
|
|
|
Cryptotissue
Member
Offline
Activity: 150
Merit: 10
|
|
July 28, 2018, 10:03:38 AM |
|
Bitcoin has not failed as a currency. As it stands now bitcoin is a currency and the same time a means to invest in. For the investment aspect of bitcoin, it will not be a long term thing, bitcoin will gradually gain a fix market price in some few time to come....
|
|
|
|
|
cosmicart
Jr. Member
Offline
Activity: 378
Merit: 3
|
|
July 28, 2018, 10:06:41 AM |
|
i don't think it did fail, people use bitcoin for transactions, there things you can use bitcoin in paying for, even as good as purchasing a car, it has never gone out of the context of being a currency.
|
|
|
|
|
|
Marry Finch
|
|
July 28, 2018, 10:48:54 AM |
|
The meaning of the currency is in its stability and circulation. Bitcoin is deflationary in nature, and this means a constant increase in price and the interruption of bitcoin into an asset, rather than into a currency.
|
|
|
|
|
|
Malam90
|
|
July 28, 2018, 11:01:17 AM |
|
Bitcoin is not a real currency. It is the world's first digital currency. Now a days, people use Bitcoin to pay utility bill, restaurant bill, car loan payment, and payment transfer from P2P. It is not a failed currency today but it is useful digital currency.
|
|
|
|
|
|
osmo
|
|
July 28, 2018, 11:22:13 AM |
|
it may be that today most people use bitcoin just as an investment, but actually bitcoin serves as currency too, bitcoin is not used as currency because still few countries legalize bitcoin, if more and more countries that legalize bitcon then bitcoin will be widely used as currency
|
|
|
|
TradeParty
Newbie
Offline
Activity: 70
Merit: 0
|
|
July 28, 2018, 11:24:35 AM |
|
We cannot say that btc is or is not going to be a successful currency. It has become a great source of investment and income. as its market and its stability, i think it will be a currency one day.
|
|
|
|
|
InboundMercury
Newbie
Offline
Activity: 70
Merit: 0
|
|
July 28, 2018, 11:26:35 AM |
|
I thing, Btc will be a successful currency one day. It has become a source of income now a days. so it can be say that, people will use it for online transaction.
|
|
|
|
|
MaxApple147
Newbie
Offline
Activity: 70
Merit: 0
|
|
July 28, 2018, 11:29:36 AM |
|
Btc will take more time to establish as an independent currency. But it will go a long way to achieve its goal to be a currency in future. Many people are using btc for many purposes now. so we can imagine it's bright future.
|
|
|
|
|
|
bitterdog
|
|
July 28, 2018, 11:43:18 AM |
|
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 ?
Like we all already know, basically bitcoin has two main function, to be a currency and to be a medium of investment. But, in the middle of the proccess, bitcoin as a medium for investment is more popular than to be a currency. Maybe its because for currency, bitcoin is still facing many obstacle in the permission from country thats why bitcoin is more popular to be a medium for investment. But, i hope in the future, bitcoin can balancing its role to be a currency and to be a medium for investment. |
|
|
|
Khalp1
Newbie
Offline
Activity: 154
Merit: 0
|
|
July 28, 2018, 12:35:07 PM |
|
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 has not gotten into something like real currency because it is not a currency but rather something closer to a commodity (digital commodity), something like the digital version of gold without the intrinsic use. |
|
|
|
|
samiul12
Newbie
Offline
Activity: 91
Merit: 0
|
|
July 28, 2018, 12:47:28 PM |
|
I think bitcoin is now more valuable than regular currencies. Because now bitcoin is controlling other currency and we are addicted to it like a regular investment. And it is so long much more successful in digital business and everyday many people are joining this digital market. So in future it can take the place of other currencies.
|
|
|
|
|
blackandred
Newbie
Offline
Activity: 154
Merit: 0
|
|
July 28, 2018, 12:57:28 PM |
|
it is still too early to draw conclusions. bitcoin is still in its early stages . it has not stabilized. Now, its users are all over the world. as a currency, it embraces such a wide range of users. it has been successful .
|
|
|
|
|
|
Allan Ramanda
|
|
July 28, 2018, 01:02:40 PM |
|
I think bitcoin is not a currency, but an asset that we can keep in the long run, then sell it when the price goes up. currency is everyone's use for exchange tools, and is supported by all sides like the government. while bitcoin is still many countries that can not accept bitcoin.
|
|
|
|
|
|
ir.yance
|
|
July 28, 2018, 02:29:30 PM |
|
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 does not fail to become a currency but has not yet arrived for that time. I do not want to say bitcoin fails to be a currency because now there are some countries that have received bitcoin as currency, we can use bitcoin in that country as a means of payment. |
|
|
|
|
|
rasmadisulaiman
|
|
July 28, 2018, 02:48:29 PM |
|
Of course it is too early to assume that bitcoin fails as a currency, I think times will continue to change in the world of incredible bitcoin investment, in the future we do not know what will happen about bitcoin, I am optimistic bitcoin can be a world currency, see now more and more use altcoin.
|
|
|
|
jumail
Member
Offline
Activity: 353
Merit: 28
Productive housewife
|
|
July 28, 2018, 11:43:42 PM |
|
I do not think it's a failure, but it's not effective. Especially for the payment of micro-payment. Fee transactions can be higher than the bill to be paid. So, in some ways like instant transaction and small scale, I think fiat is more effective.
|
|
|
|
|
maraclariss14
Member
Offline
Activity: 234
Merit: 10
|
|
July 28, 2018, 11:57:15 PM |
|
I do not think it's a failure, but it's not effective. Especially for the payment of micro-payment. Fee transactions can be higher than the bill to be paid. So, in some ways like instant transaction and small scale, I think fiat is more effective.
I agree it is not a failure, because it will be considered by some countries as their permanent currencies, Bitcoin has a lot of potential in the future. |
|
|
|
|
|
