Bitcoin Forum
May 02, 2024, 05:00:40 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 7 8 9 10 11 12 13 14 15 16 17 »  All
  Print  
Author Topic: can you imagine bitcoin as your prime currency.  (Read 1446 times)
bitllionaire
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
May 09, 2018, 02:58:03 PM
 #81

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.
We also have the same expectation, i think that bitcoin will be te price currency in the future, we will be giving more preference to bitcoin as compare to fiat currency and that will be because that it will be more easy to use online currency as compare to fiat currency, we will become able to do shopping in any corner of the world. In fact bitcoin is now becoming popular and more and more people are entering in the world of bitcoin.
1714669240
Hero Member
*
Offline Offline

Posts: 1714669240

View Profile Personal Message (Offline)

Ignore
1714669240
Reply with quote  #2

1714669240
Report to moderator
1714669240
Hero Member
*
Offline Offline

Posts: 1714669240

View Profile Personal Message (Offline)

Ignore
1714669240
Reply with quote  #2

1714669240
Report to moderator
1714669240
Hero Member
*
Offline Offline

Posts: 1714669240

View Profile Personal Message (Offline)

Ignore
1714669240
Reply with quote  #2

1714669240
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714669240
Hero Member
*
Offline Offline

Posts: 1714669240

View Profile Personal Message (Offline)

Ignore
1714669240
Reply with quote  #2

1714669240
Report to moderator
1714669240
Hero Member
*
Offline Offline

Posts: 1714669240

View Profile Personal Message (Offline)

Ignore
1714669240
Reply with quote  #2

1714669240
Report to moderator
kjnfmplm
Jr. Member
*
Offline Offline

Activity: 364
Merit: 6


View Profile WWW
May 09, 2018, 03:01:56 PM
 #82

For me, I would like for cryptocurrency to remain as an investment rather than being the world's prime currency. Because of the high volatility of cryptocurrencies, it would be hard to use it as the global currency. Maybe, if that issue will be settled, then I would be happy to use it as such. But, looking at the current situation, I will use it as an investment and a source of income.
Paul23
Newbie
*
Offline Offline

Activity: 117
Merit: 0


View Profile
May 09, 2018, 03:13:58 PM
 #83

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I cannot imaging at negative thoughts all about, cause i would like to imaging the positive thoughts, if bitcoin will replace to fiat currency it just like a magic world when you paying at your basic needs that no need to bring in cash to your pocket all you need to do is to swipe or touch it ,(to your phone) it just simple as that. but if will happen i'm not pretty sure to absorb the hole system.because in my country bitcoin are only accept to subsidy as payment method through in basic need such as grocery ,monthly bill,etc.and not totally accept to run in the market at hole system as decentralized country.
rabs
Member
**
Offline Offline

Activity: 176
Merit: 12


View Profile
May 09, 2018, 03:24:55 PM
 #84

Imagination is first step to dream come in reality,It really amazing you pay Bitcoin against grocery,At hospital,and even pocket money to children Smiley.I think it can be possible sooner or later,Life will be digital and free from fiat money.
yanlap
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
May 09, 2018, 06:09:45 PM
 #85

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.
No my friend, it is not that the prices of products will decrease with an increase in BTC value. Basically, we will be paying an equivalent value in bitcoin but there will be fewer bitcoin to be paid. I hope you are getting my point. Whenever price of an asset rises, less amount of it can by the same product. Moreover, bitcoin is the best investment at the moment so governments should let citizens become rich this way.
7788bitcoin
Legendary
*
Offline Offline

Activity: 2282
Merit: 1023


View Profile
May 09, 2018, 06:17:19 PM
 #86

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
If majority of the merchant start accepting bitcoin, then why not, i am not sure about local purchases but if i am purchasing something online or want to send money, then i will be using bitcoin as the amount of cost i will save will be a good one compared to any other method.
yvesp110
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 501


View Profile
May 09, 2018, 08:12:42 PM
 #87

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.
Bitcoin is a digital currency and we imagine as our investment source and payment method somewhere that is very important for us to save our money and save more on low transaction rate that is negligible. This currency should be adopted and if countries adopt this digital currency then the economies of the countries will boost up as they will save a big budget on making paper notes.
Arlette Foxsparkle
Jr. Member
*
Offline Offline

Activity: 196
Merit: 2


View Profile
May 09, 2018, 09:55:24 PM
 #88

Yes why not! Can we considered bitcoin as our primary currency as long as bitcoin helps us and it gives us opportunities to earn money I think for me I will considered this as my main currency. However with the unstable value of cryptocurrency at the market we are afraid for our investment because we think maybe sometimes the price of bitcoin will drop down. But don't worry about that event it is normal you should trust yourself and believe in bitcoin as your survivor in yhe future.
youdacapt
Sr. Member
****
Offline Offline

Activity: 1806
Merit: 295


View Profile WWW
May 09, 2018, 10:05:27 PM
 #89

we are accustomed to living with the USD as a world currency converter, there is skepticism if bitcoin becomes the highest successor then the condition of economic civilization will change completely into digital system.

There will be a lot of controversy because bitcoin can not be intervened and can have any potential. I imagine this can happen but it will create instability for an indefinite time, the world needs further adaptation to make it real.
genocide
Full Member
***
Offline Offline

Activity: 258
Merit: 100



View Profile
May 09, 2018, 10:31:57 PM
 #90

Bitcoin is my money. Want to sell me something? Don't even bother unless you are selling it for bitcoin.

Yes, it is sometimes use as money because we can use this for payments and for some transactions accepting bitcoin and I can consider it as my prime currency sometimes but in reality it is not considered to be the prime currency because of its volatility.
Best Dreams
Full Member
***
Offline Offline

Activity: 1008
Merit: 101


View Profile
May 09, 2018, 10:43:32 PM
 #91

Imagination is first step to dream come in reality,It really amazing you pay Bitcoin against grocery,At hospital,and even pocket money to children Smiley.I think it can be possible sooner or later,Life will be digital and free from fiat money.
Yes now it is very easy to pay for all kind of good using bitcoin, we can easily pay for a lot of things now using bitcoin currency and we can buy even daily needs using bitcoin to pay, already some areas has become cashless society and they are using digital currency only, as time passing worth and power of bitcoin is increasing more and more, in my place as well bitcoin is really possible to be first currency because I have noticed people interest for bitcoin more than fiat.
NavI_027
Full Member
***
Offline Offline

Activity: 1232
Merit: 186


View Profile
May 09, 2018, 10:58:07 PM
 #92

Well, for me there's no problem at all, I'll agree with that because now all I need is my phone and an internet connection wherever I go. Even my expenditures if I go to other countries wouldn't become a problem at all since btc is no need to be converted.

The bottomline, I'm willing to use btc as a primary currency but the problem is I don't see any opportunities here to do so. Though crypto is not restricted here in our country, it still not well known and broadly implemented. Nevertheless, i'm still hopong that it will change someday.
BaraxLo
Hero Member
*****
Offline Offline

Activity: 910
Merit: 512



View Profile
May 10, 2018, 10:30:03 AM
 #93

I can’t use Bitcoin as my main currency, because it is not fully accepted where I live. Well, the government doesn’t really consider it as illegal, but the thing is that people are not interested in using Bitcoin. Well, why would they even make use of it? I even got into Bitcoin because I was working online as of then, before I came across and found it to be quite interesting. That’s how I started working on it and started investing and making money out of it.
Mpamaegbu
Legendary
*
Offline Offline

Activity: 2674
Merit: 1208


Once a man, twice a child!


View Profile
May 10, 2018, 10:44:51 AM
 #94

Bitcoin is my money. Want to sell me something? Don't even bother unless you are selling it for bitcoin.
Bigup RodeoX! I have read about your exploits in Africa and what you are doing to bring Bitcoin awareness to that great continent. But aren't you facing challenges of buying/selling your stuff in Bitcoin in Africa, considering the fact that apart from South Africa and Nigeria all other countries in Africa are blind towards this technology? I would like to read from you on this poser.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Barrueco
Jr. Member
*
Offline Offline

Activity: 154
Merit: 1


View Profile
May 10, 2018, 10:52:57 AM
 #95

This is not science-fiction. In my country, there is some big economist who considers this probability. Many countries don't want to trade with USD between them. Russia, of course, the biggest of these countries. We are going to use our fiat in the near future that's sure but maybe we are going to use BTC as our prime currency

▰▰▰▰ BLACK ▰▰▰▰
 ▰▰▰▰ Insurance Company on Blockchain  ▰▰▰▰
http://www.black.insure/
Digital_Lord
Hero Member
*****
Offline Offline

Activity: 1498
Merit: 502


👉bit.ly/3QXp3oh | 🔥 Ultimate Launc


View Profile WWW
May 10, 2018, 11:11:37 AM
 #96

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.

.
.TONUP..
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
▄▄███████▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄█████▄░▄▄▀█████▀▄████▄
▄███████▄▀█▄▀██▀▄███████▄
█████████▄▀█▄▀▄██████████
██████████▄▀█▄▀██████████
██████████▀▄▀█▄▀█████████
▀███████▀▄██▄▀█▄▀███████▀
▀████▀▄█████▄▀▀░▀█████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀███████▀▀
▄▄▄███████▄▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄██████████████▀▀█████▄
▄██████████▀▀█████▐████▄
██████▀▀████▄▄▀▀█████████
████▄▄███▄██▀█████▐██████
█████████▀██████████████
▀███████▌▐██████▐██████▀
▀███████▄▄███▄████████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀▀███████▀▀▀
▄▄▄███████▄▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄█████████████████████▄
▄████▀▀███▀▀███▀▀██▀███▄
████▀███████▀█▀███▀█████
██████████████████████
████▄███████▄█▄███▄█████
▀████▄▄███▄▄███▄▄██▄███▀
▀█████████████████████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀▀███████▀▀▀
.
...JOIN NOW...
1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
May 10, 2018, 11:18:20 AM
 #97

The bottomline, I'm willing to use btc as a primary currency but the problem is I don't see any opportunities here to do so. Though crypto is not restricted here in our country, it still not well known and broadly implemented. Nevertheless, i'm still hopong that it will change someday.

Instead of waiting for things to start rolling, try contribute yourself by raising awareness locally. The longer you are doing nothing to force through changes, the longer it takes for other people around you to do it. It makes sense as well, because if you aren't spending any of your coins, or not showing merchants locally that you have that incentive, why would they accept Bitcoin?

People here are quite hypocrite. They expect Bitcoin to be a currency, and even blame it some times for not being that, but they don't do anything to change it.

I have this year basically 'forced' people selling goods locally to accept Bitcoin because I am not going to use fiat. I gave them a choice, you continue relisting your products online where no one is buying them, or you can accept my Bitcoins and you can have it sold right now, and so it happened. Cheesy

Funny thing is that he was asking me later on whether or not I'm interested in buying more stuff with Bitcoin. That's real life adoption taking place. Wink
ralle14
Legendary
*
Offline Offline

Activity: 3178
Merit: 1876


Metawin.com


View Profile
May 10, 2018, 12:10:18 PM
 #98

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
If more people starts using Bitcoin in the future and the price starts to blow up it can still be usable by dividing the amounts in to smaller pieces. They could do some changes if necessary for now we'll stick with what we currently have which is satoshis.

but I doubt that happens someday, because people are greedy and just do things for their own interest
That sounds unfair. Don't lose hope though maybe it'll happen once your country assigns a new leader.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
netil
Member
**
Offline Offline

Activity: 150
Merit: 12


View Profile
May 10, 2018, 12:29:43 PM
 #99

To present such a scenario is how to present humanity on Mars or victory over cancer. Such a scenario is inevitably realized, it just takes time. the generation of Buffett and his ilk will never be allowed to dominate bitcoin.

▂ ▃ ▅ ▆   LUCRE ▬ DON'T HODL; TRADE!   ▆ ▅ ▃ ▂
✓ BITCOIN & CRYPTO CURRENCY ALGORITHMIC TRADING & SIGNAL SERVICE ✓ 
▌▐ ▬▬▬▬▬  Twitter ⬝  Telegram ⬝   Facebook ⬝  Youtube ⬝  Meduim   ▬▬▬▬▬ ▌▐
1kings
Member
**
Offline Offline

Activity: 187
Merit: 10


View Profile
May 10, 2018, 01:29:33 PM
 #100

BTC or any other crypto is far from that. I can't even assign 1% of my current transaction to it.
Pages: « 1 2 3 4 [5] 6 7 8 9 10 11 12 13 14 15 16 17 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!