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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226329 times)
CryingMidget
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April 23, 2016, 07:25:24 AM
 #721

Bitcoin will be later in the future the most used payment method and that is because you already can see now that Bitcoin is getting more used and have more value so that is nice.
Stores make Bitcoin also more acceptable because they know that more people are going to use it to pay and more people are also get to know about Bitcoin and that is nice.

Only that will take some time because it must first becoming also more popular, so it is maybe possible after some 20 years or something.

Bitcoin is definitely virtual currency and it is definitely an interesting concept. The problem with Bitcoin is that unlike the dollar, gold or land there is nothing actually backing it up other than the internet people trust. So I don't think it will become a global currency.

For me it is just starting. Bitcoin can make a big entrance now in the financial forex markets. If this happens we are really in for a treat.
New money means more demand.

Bitcoin is getting more popular no doubt about that but cannot visualize to see it as a global currency and if it wants to be a global currency then it needs awareness at all the levels.

Bitcoin is getting more popularity but if some more form of promotion leads to big adoption it may soon evolve as a alternate currency than getting changed as a global currency.

As bitcoin matures and stabilizes any country that has a financial crisis's people will get to consider it as an alternative . I think the network effects of this type of adoption are what will allow bitcoin to become the world's reserve currency
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chaosknight
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April 23, 2016, 07:45:42 AM
 #722

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
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April 23, 2016, 11:23:34 AM
 #723

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.

Yes bitcoin might be global currency of people in near future because many people use it now. And i can see in future people use this day by day as their transaction fees many transaction successfully done easy with less hassle and i think for this price rise event it will can catch more eyes of stakers and i think it is the good running of bitcoin as we can see it for future is bright.

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April 23, 2016, 11:42:49 AM
 #724

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
you are right. it takes a long time, because currently only a portion of the world's population who know and understand about bitcoin. most of them only see the bad side of the bitcoin for now
MTBTT
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April 23, 2016, 12:06:17 PM
 #725

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
I think bitcoin this time is not so popular yet. there are still many people do not know about bitcoin.
You can see the evidence to ask the people around you. bitcoin takes a long time to become global currency
mark coins
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April 23, 2016, 12:47:14 PM
 #726

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
I think bitcoin this time is not so popular yet. there are still many people do not know about bitcoin.
You can see the evidence to ask the people around you. bitcoin takes a long time to become global currency

Bitcoin needs some more time to be the best of all, and it can be done only if there great level of adaption, if adaption is less it can never become global currency.
n0ne
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April 23, 2016, 05:07:05 PM
 #727

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
I think bitcoin this time is not so popular yet. there are still many people do not know about bitcoin.
You can see the evidence to ask the people around you. bitcoin takes a long time to become global currency

Bitcoin needs some more time to be the best of all, and it can be done only if there great level of adaption, if adaption is less it can never become global currency.

Bitcoin needs lot time to evolve as a global currency. Due to the increased adoption people may prefer as an alternate payment gateway but never fees this to be a global currency as its not legalized.

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April 24, 2016, 01:51:27 AM
 #728

it will take time, but steam accepting it might help get the ball rolling.

it will certainly get some more exposure, and the more stores and services that accept it the faster bitcoin becomes globally accepted.
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April 24, 2016, 01:58:04 AM
 #729

If it happens at all it's going to take decades. The internet and mobile phones took long enough and they do nothing but enhance your life and don't require educating yourself and questioning the world around you, let alone risking your money. In the meantime it's going to get healthier in its own steady way.
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April 25, 2016, 06:22:50 AM
 #730

Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
you are right. it takes a long time, because currently only a portion of the world's population who know and understand about bitcoin. most of them only see the bad side of the bitcoin for now
Most people who know about bitcoin but has not joined in bitcoin are those who know bitcoin of media and knows only of bad things alone. but I think that only some people if they knew about bitcoin. most people will be interested and definitely try to join as my friend
bitcoin-hunter
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April 25, 2016, 08:36:04 AM
 #731

I guess that you can call Bitcoin a global currency because everyone with internet can make use of it this makes this currency pretty unique. So Bitcoin is indeed a global currency but still has to attract more people to make that name really true.
Ulloa
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April 25, 2016, 01:20:27 PM
 #732

You see also that Bitcoin is getting more popular in using and the reason is because the world is getting more digital and that is quite nice for the currency itself so that is quite nice.
But the bad thing of Bitcoin is that you never know from before what will happen with the value in the future.
Piltover
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April 25, 2016, 01:52:48 PM
 #733

You see also that Bitcoin is getting more popular in using and the reason is because the world is getting more digital and that is quite nice for the currency itself so that is quite nice.
But the bad thing of Bitcoin is that you never know from before what will happen with the value in the future.

Indeed, the bitcoin is getting bigger everyday because everyday there are coming more users, the only downside is indeed that the bitcoin is unpredictable.
I think if the bitcoin will get bigger it also will be more stable and at the end more predictable.
FabioDelcatto
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April 25, 2016, 02:53:25 PM
 #734

You see also that Bitcoin is getting more popular in using and the reason is because the world is getting more digital and that is quite nice for the currency itself so that is quite nice.
But the bad thing of Bitcoin is that you never know from before what will happen with the value in the future.

Indeed, the bitcoin is getting bigger everyday because everyday there are coming more users, the only downside is indeed that the bitcoin is unpredictable.
I think if the bitcoin will get bigger it also will be more stable and at the end more predictable.
Bitcoin will be later a global currency and as you can see now you see also already that the halving is coming and it is becoming more popular so that is quite nice.
But you never know what will happen with the halving and that can be bad for the users.
StoreBit
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April 25, 2016, 03:12:44 PM
 #735

Yes, a time will come that bitcoin will be a global currency but that will occur only on online world, for online digital businesses, for offline businesses it will not be possible that bitcoin become global currency,but if every store started to use online/digital system for their payment then I thinkit will have chances to become global currency.
hawkins
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April 25, 2016, 03:45:43 PM
 #736

Yes, a time will come that bitcoin will be a global currency but that will occur only on online world, for online digital businesses, for offline businesses it will not be possible that bitcoin become global currency,but if every store started to use online/digital system for their payment then I thinkit will have chances to become global currency.
everything is still unclear, but we can look at it later. if bitcoin is always popular and always evolving with the times, perhaps bitcoin could become a global currency
avw1982
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April 25, 2016, 06:29:21 PM
 #737

Yes, a time will come that bitcoin will be a global currency but that will occur only on online world, for online digital businesses, for offline businesses it will not be possible that bitcoin become global currency,but if every store started to use online/digital system for their payment then I thinkit will have chances to become global currency.
everything is still unclear, but we can look at it later. if bitcoin is always popular and always evolving with the times, perhaps bitcoin could become a global currency

Bitcoin is already a global currency in the terms of cryptocurrency.
phreaky
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April 25, 2016, 08:15:48 PM
 #738

You see also that Bitcoin is getting more popular in using and the reason is because the world is getting more digital and that is quite nice for the currency itself so that is quite nice.
But the bad thing of Bitcoin is that you never know from before what will happen with the value in the future.

Indeed, the bitcoin is getting bigger everyday because everyday there are coming more users, the only downside is indeed that the bitcoin is unpredictable.
I think if the bitcoin will get bigger it also will be more stable and at the end more predictable.

The bitcoin is getting bigger everyday and I think it can be possible, although the problem is the banks.
The banks will never let this happen they want to destroy the bitcoin!
BitcoinPaw
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April 26, 2016, 04:19:00 AM
 #739

I don't really think so, bitcoin is really good crypto currency but in some countries many people don't even know about bitcoin and also they don't really want to change smth.

Vaskiy
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April 26, 2016, 05:18:44 AM
 #740

I don't really think so, bitcoin is really good crypto currency but in some countries many people don't even know about bitcoin and also they don't really want to change smth.
As it is new most countries are not aware of bitcoin, also once its demand increases it will be spread worldwide but I think all the countries won't accept bitcoin with great interest as it is always a threat to the country's banking systems. So it is difficult for bitcoin to become the global currency.

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