Doamader
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November 04, 2016, 04:16:14 PM |
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Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
The most important besides the easy way to work with it, its for sure the low fees charged into the transactions and the high security level that bitcoins does has, something that till the moment no one were able to attack the network and still bitcoins doing that, like hackers do with bank system.
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Mastsetad
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November 04, 2016, 04:22:22 PM |
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Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place.
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Maslate
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November 05, 2016, 02:46:35 AM |
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Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place. Well, but we are not talking here of bitcoin as a complete global currency we are just becoming and for sure in the future that will be the path we are going. Every year there's a good improvement of the bitcoin economy and that is a good sign to achieve success in the future, so brothers and sisters here in the community, let us support bitcoin continuously.
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Caladonian
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November 05, 2016, 03:26:14 AM |
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Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place. well if theres a smoke theres always fire behind so when people from that place start using btc they should introduce it to much bigger audience that way we are also helping the chain to continue to grow up the more we invited to join btc investment the more value it will gives to this currency and for sure it can be globally in this coming new era.
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OrangeII
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November 05, 2016, 05:41:00 AM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Well, being a global currency is not that easy. require the consent of all parties to be able to realize it, and we know that there are still some places it illegal bitcoin, so at the moment is still very difficult to realize it. yeah, but I believe bitcoin has the potential to become a global currency
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Positid
Sr. Member
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BULL RUN until 2030
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November 05, 2016, 05:51:48 AM |
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Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.
Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place. well if theres a smoke theres always fire behind so when people from that place start using btc they should introduce it to much bigger audience that way we are also helping the chain to continue to grow up the more we invited to join btc investment the more value it will gives to this currency and for sure it can be globally in this coming new era. It's just a matter of time of what we need, bitcoin is already popular but only to us, let us just hope in the future bitcoin will continue to progress so more people will learn to use it and it would be good for the overall economy. I can promote bitcoin to my family but I know they do not have the interest like I do.
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KingdomHearts
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November 05, 2016, 06:58:19 PM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Well, being a global currency is not that easy. require the consent of all parties to be able to realize it, and we know that there are still some places it illegal bitcoin, so at the moment is still very difficult to realize it. yeah, but I believe bitcoin has the potential to become a global currency i think bitcoin already global currency and bitcoin getting more popularity because bitcoin is acceptable in everywhere for any transaction and bitcoin transaction is very much safe and secure and bitcoin very better for shopping than other crypto currency
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ged00u
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November 05, 2016, 07:09:03 PM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Well, being a global currency is not that easy. require the consent of all parties to be able to realize it, and we know that there are still some places it illegal bitcoin, so at the moment is still very difficult to realize it. yeah, but I believe bitcoin has the potential to become a global currency i think bitcoin already global currency and bitcoin getting more popularity because bitcoin is acceptable in everywhere for any transaction and bitcoin transaction is very much safe and secure and bitcoin very better for shopping than other crypto currency Most of gaming forums, hacking, cracking forums are using bitcoin as a type of service payment to charge so as to provide the best way for their members to charge many things. Along with these forums, Bitcoin is now becoming more familiar to the online marketplace. More and more people rarely use paypal, payza, skrill to pay for there online services
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Seansky
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November 06, 2016, 07:25:22 AM |
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I can also see that bitcoin is slowly replacing fiat in terms of online shopping and online services. Many merchants or people who offer goods or services now accepts bitcoin instead of paypal payment option. Bitcoin have already become a global currency. We just need to wait and see until many more people starts to acknowledge bitcoin and use it on a daily basis.
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Senor.Bla
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November 06, 2016, 07:40:44 AM |
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I can also see that bitcoin is slowly replacing fiat in terms of online shopping and online services. Many merchants or people who offer goods or services now accepts bitcoin instead of paypal payment option. Bitcoin have already become a global currency. We just need to wait and see until many more people starts to acknowledge bitcoin and use it on a daily basis.
bitcoin will probably become more global once more and more shops offer it. but i see a big obstacle that needs to be removed first. many feel the status of bitcoin is uncertain. so if the government will make it easy to pay your taxes for bitcoin earnings we can expect a lot more shops offering bitcoin.
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robocop3
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November 06, 2016, 08:22:01 AM |
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I think bitcoin will not become a global currency and even more, any currency will not become global. Many peoples who don't like bitcoin or dollar or euro, etc
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Betwrong
Legendary
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I stand with Ukraine.
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November 06, 2016, 08:49:46 AM |
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It's possible.. but someone must represent bitcoin and introduce it to the world and it would be a very hard job because there would be a lot of discussions, questions that needs to be answered and in the end all countries will decide if they're going to accept bitcoin as the world/global currency. I enjoyed bitcoin a lot for as long as I'm profiting money from it then that would be fine for me. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) We will go down to the lowest level in the community as we are only limited to transacting online. Do not expect that we can make all people adopt with bitcoin because only those who are educated with crypto currency will understand about bitcoin. Despite of the limited users, we can still call it as a global currency since it was accepted globally. I don't think it is necessary to be educated with crypto currency to accept Bitcoin. What percentage of the people who are using computers have an idea how they really work? I think it would be less than 1%. So it is enough to be convenient to use for most people to be used by them. Bitcoin is definitely becoming a Global Currency whether anybody wants it or not. It could be more on us because we are the users of bitcoin and not other people who does not have the idea of what bitcoin really is. Most of the businesses that are using bitcoin are so profitable, like take it for example a gambling industry, they are booming because of bitcoin and since gamblers are all around the world it will certainly grow.I'm not sure about whether it's a good thing or a bad thing. Gambling addiction is a disease and I'm really sorry for people who is suffering from it. But of course I know that prohibition is not the way to deal with it, so I'm not against the growing of the gambling industry. I just hope that in the future Bitcoin will be associated more with other businesses than gambling and illegal markets.
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betohell
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November 06, 2016, 09:35:49 AM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
true yeah I agree with you, look at the many benefits can you get when you use bitcoin I believe bitcoin just need advertising to let everyone know about bitcoin and they will start using bitcoin, I'm sure it
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Vaslime
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Cryptotalk.org
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November 12, 2016, 12:11:10 PM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
true yeah I agree with you, look at the many benefits can you get when you use bitcoin I believe bitcoin just need advertising to let everyone know about bitcoin and they will start using bitcoin, I'm sure it That is true. The bitcoin need more promotion to make it known to many people. At present, there is no active promotion.
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hurain
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November 12, 2016, 03:27:07 PM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
to me bitcoin is already a global currency but still it need popularity so that all the people of the world start using bitcoin, we still need to introduce bitcoin to our friends, our relatives and our family also, hope that a time will come when all the people of the world will be using bitcoin.
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goldcoinminer
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November 14, 2016, 07:17:58 AM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
to me bitcoin is already a global currency but still it need popularity so that all the people of the world start using bitcoin, we still need to introduce bitcoin to our friends, our relatives and our family also, hope that a time will come when all the people of the world will be using bitcoin. We keep pushing bitcoin and will be popular in the future, the price is increasing so we have to be positive also as more people are adopting bitcoin and we are getting bigger as a community and as a world in the crypto. The price will depend on our trust and our trust should create demand.
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groll
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November 15, 2016, 02:47:03 AM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Right now, bitcoin is increasingly adopted by all because of its good feedback among the users. All we need to do now, as bitcoin users, is to promote bitcoin to many people so that we could come to a near possibility of making bitcoin as a global currency, in a sense that we could make transactions across borders with the use of bitcoin as payment.
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STT
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November 15, 2016, 03:25:15 AM |
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I think bitcoin will not become a global currency and even more, any currency will not become global. Many peoples who don't like bitcoin or dollar or euro, etc
You are correct on the population but thats not how its defined I think. Both Dollar and Euro are reserve currencies which means they are carried by most central banks of the world as a major security to trade in global commerce, since a population is using the central banks reserve when handling their FIAT currency it means all those populations are in part using dollar and euro to trade. Those two big FIAT notes probably cover more then two thirds of the worlds population which sounds incredible but consider for example the Bank of China holds some of the largest dollar reserves in the world and so is backing its own notes used by over a billion people with dollar also euro. These are very much global currency, its a long stretch to see central banks carry bitcoin. I dont think its impossible but its some years off yet, even a big trading nation like United Kingdom with its sterling is only held as a small percentage. They have major centers requiring payment in sterling at least in part, so Bitcoin which can make no demands like this is not held as a reserve asset at all so far. Some high finance speculative merchant banks might have bitcoin or a bitcoin etf kind of deal , I know some banks are holding shares in gold mines as an asset to trade against. Famously JP morgan purchased a silver mine but also short sold the live traded price for silver on demand contracts. Large banks arent yet involved with bitcoin like that, its not global yet
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TheGodFather
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November 15, 2016, 04:26:03 AM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Right now, bitcoin is increasingly adopted by all because of its good feedback among the users. All we need to do now, as bitcoin users, is to promote bitcoin to many people so that we could come to a near possibility of making bitcoin as a global currency, in a sense that we could make transactions across borders with the use of bitcoin as payment. you're right bitcoin is growing because of the feedback of the users like us that's why they're investing in btc the more investor the more btc will grow. todate bitcoin is known as cryptocurrency that's there still people who don't know about what is bitcoin. that's why im encouraging my friends to invest in bitcoin to gain profit which is a good start for a new user of bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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arseaboy
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November 15, 2016, 05:49:25 AM |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Right now, bitcoin is increasingly adopted by all because of its good feedback among the users. All we need to do now, as bitcoin users, is to promote bitcoin to many people so that we could come to a near possibility of making bitcoin as a global currency, in a sense that we could make transactions across borders with the use of bitcoin as payment. you're right bitcoin is growing because of the feedback of the users like us that's why they're investing in btc the more investor the more btc will grow. todate bitcoin is known as cryptocurrency that's there still people who don't know about what is bitcoin. that's why im encouraging my friends to invest in bitcoin to gain profit which is a good start for a new user of bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Indeed mate.. because of us we're encouraging some of our closes friends and relatives to invest with bitcoins and that's why we are growing.. however, it may sound appealing to others but some don't seem like they interest with it. So I believe it would really take a lot of years before bitcoin will become a global currency.
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