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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226328 times)
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June 18, 2016, 09:21:11 AM
 #981

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.
Due to the current low adoption rate, there are still long way to go before the price will be stable. As Bitcoin is improving in its features and usability, the advantages of it is showing up gradually and ppl will realize it.
On the other side, USD dollar will show its disadvantages of being centralized currency, such as inflation, transfer fee, counterfeited notes, space to carry etc.
I don' think it's low already, base on what I know we have already achieved the massive adoption. The price is the evidence it is continue to rise and we are benefiting of what is happening. This is a good year for and will continue in the succeeding year, the whales cannot manipulated anymore and we will be dominating the world in the near future.

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June 18, 2016, 11:30:28 AM
 #982

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.
Due to the current low adoption rate, there are still long way to go before the price will be stable. As Bitcoin is improving in its features and usability, the advantages of it is showing up gradually and ppl will realize it.
On the other side, USD dollar will show its disadvantages of being centralized currency, such as inflation, transfer fee, counterfeited notes, space to carry etc.
I don' think it's low already, base on what I know we have already achieved the massive adoption. The price is the evidence it is continue to rise and we are benefiting of what is happening. This is a good year for and will continue in the succeeding year, the whales cannot manipulated anymore and we will be dominating the world in the near future.
That is low but the overall performance is high, if you have a good time to analyze the situation, bitcoin has been existence with less than 10 years as far as I know but look what we have already accomplish now. We are already outperforming other assets that is so popular already and we will bury them in the future.

R


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June 18, 2016, 11:41:19 AM
 #983

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.
Due to the current low adoption rate, there are still long way to go before the price will be stable. As Bitcoin is improving in its features and usability, the advantages of it is showing up gradually and ppl will realize it.
On the other side, USD dollar will show its disadvantages of being centralized currency, such as inflation, transfer fee, counterfeited notes, space to carry etc.
I don' think it's low already, base on what I know we have already achieved the massive adoption. The price is the evidence it is continue to rise and we are benefiting of what is happening. This is a good year for and will continue in the succeeding year, the whales cannot manipulated anymore and we will be dominating the world in the near future.

You just think there are already a mass adoption since you are engage in bitcoin everyday. If you will look outside the box, the real adoption score is not that great in numbers.

Price increase is because of demand but it doesn't mean that all purchases came from a different person. What I mean is, Person A just increase it's quantity of coins to take advantage of the trend so in here demand increase in same person. This is what happen today in most cases.

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June 18, 2016, 11:50:41 AM
 #984

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.
Due to the current low adoption rate, there are still long way to go before the price will be stable. As Bitcoin is improving in its features and usability, the advantages of it is showing up gradually and ppl will realize it.
On the other side, USD dollar will show its disadvantages of being centralized currency, such as inflation, transfer fee, counterfeited notes, space to carry etc.
I don' think it's low already, base on what I know we have already achieved the massive adoption. The price is the evidence it is continue to rise and we are benefiting of what is happening. This is a good year for and will continue in the succeeding year, the whales cannot manipulated anymore and we will be dominating the world in the near future.

You just think there are already a mass adoption since you are engage in bitcoin everyday. If you will look outside the box, the real adoption score is not that great in numbers.

Price increase is because of demand but it doesn't mean that all purchases came from a different person. What I mean is, Person A just increase it's quantity of coins to take advantage of the trend so in here demand increase in same person. This is what happen today in most cases.
Market manipulation is something to expect in an unregulated market. The thing is that bitcoin is becoming bigger and bigger, and thus more and more difficult to manipulate (the plenty of public markets also make it much more difficult to manipulate it without any suspicion)



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June 18, 2016, 11:55:29 AM
 #985

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.
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July 04, 2016, 08:33:23 AM
 #986

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.
I believe that first country to adopt bitcoins will the most powerful country, I wish it could happen in the US to gain more adopters that would help the community to grow bigger.

R


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July 04, 2016, 12:41:22 PM
 #987

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.
I believe that first country to adopt bitcoins will the most powerful country, I wish it could happen in the US to gain more adopters that would help the community to grow bigger.
Well I think that would be true man because the first country to adopt bitcoin will have so many bitcoin then before the other countries realize and switch to bitcoin too the first country will have many bitcoin's in it's disposal.
These are good points but I guess it would take little longer for the countries to adopt bitcoin. There are infinite opportunities using bitcoins. It is truly
becoming the global currency making our financial works more convenient. Bitcoins will unify and complement global e-commerce.
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July 04, 2016, 01:08:25 PM
 #988

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.

Bitcoin has already made its mark in the digital currency world and now it is considered as a threat to the FIAT. In next decade of so, we can see bitcoin becoming the Digital Global currency of the world.

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July 04, 2016, 01:23:55 PM
 #989

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.

Bitcoin has already made its mark in the digital currency world and now it is considered as a threat to the FIAT. In next decade of so, we can see bitcoin becoming the Digital Global currency of the world.

Maybe that is right or maybe not. We are not fortune tellers here. We just predict or speculate. We cannot really see the future but we can see now that there aint a lot of people that are in to it. Perhaps, we should be focusing on that first to make it a global currency in the near future.

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July 04, 2016, 01:27:11 PM
 #990

It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.

Bitcoin has already made its mark in the digital currency world and now it is considered as a threat to the FIAT. In next decade of so, we can see bitcoin becoming the Digital Global currency of the world.
thats true, most of the people that now about the cryptocurrencies already knows about bitcoins too because bitcoin is the most popular crypto right now that is invesnted

in my opinion bitcoin might become a global currency really soon in this way allowing us all to make some good amounts of money, i hope that no currencies will be better than bitcoin

 
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July 04, 2016, 01:33:23 PM
 #991

I anticipate UK leaved Europe comite now pond will drop from Market and the world will find a unique currency like btc that has no depending on market it will happen soon
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July 04, 2016, 01:55:04 PM
 #992

Bitcoin is used in allot of countrys and i think that it will be the biggest cryptocurrencie of the world only because they have the most users
of all the other ones. So if we are saying that bitcoins will be a global currency that is really true for sure.
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July 04, 2016, 02:49:42 PM
 #993

Bitcoin is used in allot of countrys and i think that it will be the biggest cryptocurrencie of the world only because they have the most users
of all the other ones. So if we are saying that bitcoins will be a global currency that is really true for sure.
Its true indeed.We just need to wait few years until it is going to happen but we can already see people call it global currency because of many reasons:
you can pay someone who is 5000 km away just in a short while-try to do this with bank transfer lol it would take years haha
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July 04, 2016, 05:18:02 PM
 #994

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st.  if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd  USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

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July 05, 2016, 01:59:42 AM
 #995

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st.  if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd  USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.
I think we are making a great job doing some kind of advertisements online and for me that would already help to attract more users to be interested with bitcoins and to be aware of the benefits it brings.

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July 05, 2016, 05:36:00 AM
 #996

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st.  if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd  USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

Awareness campaign would cost something right? So who would pay for that? That is one problem.

USD is an investment yes. It is money itself and also investment. I know some people who cant move their USD to their local currency because they are waiting for it to increase. Every cent counts on them.

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July 05, 2016, 05:44:16 AM
 #997

Tell them US dollars are not a safe waiting area, they should not hold just one thing hoping the bet will pay off in their favour.    Hold a little gold is not so radical when Dollar was linked to it directly as recently as the seventies.   They dropped gold because they didnt want to control their fiscal spending, it would lose votes so if you buy gold you buy the original dollar without the political overspending which does not profit the country especially.  Spread between old and new currency seems a better stance then waiting on tip toes hoping nobody will lose balance

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arseaboy
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July 05, 2016, 06:27:35 AM
 #998

the idea is just the same bitcoin is just like any currency the more demands it takes the more prices to increase as far as I know there's a lot of people now which already aware about this currency and working on it together with the community awareness will increases more and value will be depend on its users and investors.

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Enotche
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July 05, 2016, 06:41:50 AM
 #999

Many believe that cryptocurrency - is the air, nothing, it can not be touched, to cash, then it does not exist. But this is not the case. Cryptocurrency Bitcoin in general and in particular have long been full participants in real life. With this money you can purchase goods from online stores, and in some countries even order food to your home or to pay a hotel booking.
Perhaps we are witnessing the birth of a new currency, which will unite all countries? Time will tell ...
Schuyler
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July 05, 2016, 07:20:02 AM
 #1000

I think bitcoin will become a global currency only when we make aware everyone from this currency, and in our business we accept only bitcoin and not any other currency .

Awareness isn't quite a big deal. Actually with the current of numbers of bitcoin users it's enough to become this crypto a global currency. But still it isn't considered as a global currency? Because in most of the cases, bitcoin used to get profits. Yes, an investment and that isn't the role of a global currency.

1st.  if you want to be globally known, you need to have an awareness campaign, so bitcoin awareness is needed to make it globaly known and thus for the global adoption.
2nd  USD is also considered as investment or any other currency due to it's inflation and deflation thing, that is why FOREX is there. even the stock exchange. So how can you say investment isn't role of a global currency?
Pretty much little by little Bitcoin is Becoming Global currency since any one from the world can use Bitcoin and Buy stuff online or pay bills thru 3rd party.

Awareness campaign would cost something right? So who would pay for that? That is one problem.

USD is an investment yes. It is money itself and also investment. I know some people who cant move their USD to their local currency because they are waiting for it to increase. Every cent counts on them.
I think exchanges can spend a little on advertising to reach a wider audience. It is not asking too much if we see them take the lead in this endeavour. After all, they would stand to gain more potential clients if they do a good job of communicating the benefits bitcoin bring.
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