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zeingrind777
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May 06, 2018, 01:03:43 AM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
for me, bitcoin is a financial and economic revolution. with decentralized and transparent bitcoin properties, made me switch to using bitcoin with a blockchain system rather than fiat money with a conventional bank system |
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airdrophunter
Full Member
 Offline
Activity: 434
Merit: 100
The Exchange for EOS Community
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May 06, 2018, 01:56:19 AM |
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I can't imagine bitcoin as my base currency to pay for goods and services because bitcoin's drawback of being unaccessible during offline is the one reason why i could not see bitcoin as a prime currency. Not unless if this issue can be addressed before i can fully internalize bitcoin to ever replace fiat.
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Rollkal
Newbie
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Activity: 210
Merit: 0
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May 06, 2018, 02:42:03 AM |
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I never thought of this, because my country has not accepted the BTC, people do not understand what is BTC. I just joined btc for the purpose of speculation and make a profit.
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Caelanpelley
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May 06, 2018, 02:52:03 AM |
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I invest in bitcoin to make money but I do not think bitcoin will become its official currency. My intention is to invest only bitcoin when its value is high and when the price goes down I will stop investing. Buy and sell bitcoin but my ultimate goal is to convert them into cash for consumption.
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Obeng ketok
Newbie
Offline
Activity: 66
Merit: 0
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May 06, 2018, 02:52:30 AM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I do not imagine bitcoin being a currency. bitcoin is just a place to save money or invest. maybe you can speculate about bitcoin. |
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Omnipotent1
Newbie
Offline
Activity: 60
Merit: 0
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May 06, 2018, 03:53:04 AM |
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Don't get me wrong, I love Bitcoin, but I just find it hard to envision it as a primary currency. In terms of going out to eat, store, etc. It's not as simple as cash. Unless you meant buying stuff on line. I could see myself mostly using Bitcoin if I find a good online store that accepts it.
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arthotdog
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May 06, 2018, 04:25:18 AM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
No i cant,because theres only 21million bitcoins in circulation i wonder how huge the price of this if we will use it as prime currencies. Why not just respect what we ate having now,and besides we can use bitcoin freely even if fiats is existing so lets not make it a problem ,theres alot of things to consider than doing this an issue |
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d0flaming0
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May 06, 2018, 04:36:06 AM |
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i think it wont be really that successful, besides we all have fiats issued by the government and it was first centralized, so the idea of having a decentralized currency for a certain country is quiet troublesome and difficult one. let us just stay to where we are currently and let's just watch what will be the next decision or the flow of the economy, because of this we are just speeding things up.
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hahay
Legendary
Offline
Activity: 3458
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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May 06, 2018, 04:38:58 AM |
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Ever imagined such a thing, but I'm sure if that happens then bitcoin will not pull. I really enjoy bitcoin so far, so I guess bitcoin does not have to be a physical currency, because bitcoin is just an asset that is worth much better than gold. That's what I feel so far.
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coinfinger
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May 09, 2018, 05:29:37 AM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
My speculation is that bitcoin is the future currency and the whole world will use bitcoin for their daily needs. The world is turning towards cryptocurrency and no doubt bitcoin is the leading crypto in the world. So it is obvious that bitcoin will be the primary currency of the whole world. All other currencies paper, fiat and crypto will be dead in the future. |
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Digital_Lord
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May 09, 2018, 01:48:58 PM |
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Bitcoin is my money. Want to sell me something? Don't even bother unless you are selling it for bitcoin.
The creation of bitcoin is for using it and not for holding it in your wallet to make more money. I want bitcoin to be used by everyone in this world so that there will be only in currency in the world and there will be no need for any exchange of local money for payments in other countries. Bitcoin is my prime currency and I will use it for my daily needs. |
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supine
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May 09, 2018, 01:56:15 PM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
Yes, of course. It is actually a good thing to have it as our primary currency though we all know that it would take a lot of courage and patience for us to get there. It is really an advantage to have it as our currency because we could use it for our convenience. However, we must focus on educating people about what crypto is. |
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yoseph
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May 09, 2018, 02:19:57 PM |
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I seriously believe that Bitcoin is going to lose its investment characteristics if it’s becomes the prime currency that everyone uses and am not really in favor of that at all because I want to see it value grow over time as it always does.
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weblouartisan
Full Member
Offline
Activity: 448
Merit: 100
Lets Go Adab
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May 09, 2018, 02:22:50 PM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I will agree if the government will implement cryptocurrency as our primary use because the prices of goods or products will be cheaper since bitcoins is growing its value each day in the market depending on the amount of supply and demand. |
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Kim Ji Won
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May 09, 2018, 02:36:17 PM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
No, I can't consider bitcoin to be a currency that I will more often use than my local fiat money. Seeing as how it behaves in the market, it is a risk and a double edge sword if I will do so. I'd rather use physical money on my transactions. Maybe if I will see a more stable movement of bitcoin and fewer fluctuations, it can go hand in hand with fiat. |
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Master Third
Newbie
Offline
Activity: 161
Merit: 0
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May 09, 2018, 02:37:53 PM |
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yes and actually I am now totally convinced that bitcoin has the future to become the global crypto currency of the world, why because almost of the countries are using bitcoin and bitcoin is mostly the crypto that someone is needed just to convert his/her fiat or another altcoin into bitcoin and doing that is the only way to make trade, pay others transaction. In this reason if I try to think about it, I can say that bitcoin is indeed the global crypto in our future.
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Keyboard PC
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May 09, 2018, 02:43:06 PM |
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yes of course I can imagine when bitcoin will be the digital currency being one of the main payment and can be used for the whole world definitely bitcoin will be expensive because many will want to have bitcoin and total bitcoin will be less and less because supply already maximum can not be in production anymore.
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Xenoph0bia
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May 09, 2018, 02:52:21 PM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
At the current moment, I can't imagine Bitcoin to be my prime currency. Though the coin was the first to introduce the idea of decentralised currency in the financial market, still it would take a lot of years for the coin to head towards being a mainstream currency. Firstly the coin is too volatile to be a currency at the moment and stability is the major factor for any currency to be mainstream and is important for a strong economy. Also, the coin has not gained acceptance worldwide. There are still countries which have banned the coin. Another factor is that the coin does need some regulations so that it can't be used negatively. As long as these factors are not corrected, the coin can't be a prime currency in the future. |
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Jedzkie050617
Member
Offline
Activity: 476
Merit: 11
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May 09, 2018, 02:54:36 PM |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
Its really good if bitcoin can be our daily currency and we can spend it wherever we want, but in my country bitcoin as payment is prohibited and againts the regulation. I hope in future can make payment in merchant using bitcoin in my country Many are expecting that to happened but I also believe that it may happen but not soon. I think their is no problem with that as long as many will be benefited why not. My only hope if this will really happen is the transaction fees will be modified and lesser for the benefit of all the users. |
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newgal2017
Member
Offline
Activity: 337
Merit: 15
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May 09, 2018, 02:57:44 PM |
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Hypothetically speaking, bitcoin would be more acknowledged by different countries all over the world yet nothing is assured that these countries would also accept bitcoin beyond making it a part of business industry in their economy. The currency that each country has is their identity and some countries went through a lot of challenges to obtain freedom and independence from foreign race who are intruders with a motive of invading their countries. They must have been went to war, many have perished in the struggle, experienced prolonged process of succeeding into something that they have done for the welfare of their people, state and economy which includes currency. Making bitcoin as a primary currency is not a bad idea yet the history and origin of the currencies of flat money all over the world would be of what value now?
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