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riphunter
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May 28, 2017, 08:10:00 AM |
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Bitcoin will definitely become a global payment method, you do not need to go out for bank transfer and care about cumbersome procedural issues, instead you will pay and get paid by bitcoin quickly and save a lot of time as well as effort
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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White Christmas
Sr. Member
 Offline
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
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May 28, 2017, 03:25:26 PM |
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Is not surprising, and the governments won\t be able to stop bitcoin.We have to hear good stuff about this coin,not only negative ones.I in bitcoin,and i believe will become the top global currency!
yeah sooner or later government will accept it completely. They wont stop bitcoin its now spreading all over the world and number of user of it is continue growing. Bitcoin will be a global currency we just need to wait. I know that it will going to happen in this time because it became more popular and many people now understand what bitcoin is. |
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yakushev
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May 28, 2017, 03:39:56 PM |
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Due to the legalization of bitcoin in Japan, its popularity has grown significantly. Many countries began to trust bikkoin more. It happened quickly and now we see new high prices of bitcoins.
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ecnalubma
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May 28, 2017, 07:13:47 PM |
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Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
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bitbob82
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May 28, 2017, 08:47:53 PM |
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from the deep observation of recent fluctuation or scenario of bitcoin, it can be said easily that bitcoin is becoming more popular and acceptable to the monetary world. basically, bitcoin is the best in a virtual world. but it needs to take some time to become a global currency. but I think it just a matter of time.
in fact a very little number of people are still know about bitcoin. and as soon bitcoin is introducing in different areas of the world, bitcoin is becoming more and more popular and people are accepting bitcoin, both for investment as well as to be use as currency. hope that in future bitcoin will become more and more popular. |
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bncbnc
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May 28, 2017, 08:54:08 PM |
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I noticed there is no thing that makes bitcoin becoming a global currency, the first thing to become a global currency is widely use and known (more than 50% of world population.
It is far from being global currency ,from it is not yet widely use and some countries were not able yet to catch up into technolgy. To be able btc knew there is a need for each country to fully use technolgy which seems impossible to happen. although the users of bitcoin are still not too many, but i am sure that the users of bitcoin are present in all over the world, even the users of bitcoin are present in the backward countries of the world. therefore i think we consider bitcoin as a global currency. the users of bitcoin are still continuously increasing, even in some area bitcoin is also use as fiat currency in local store for shopping. |
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JemmaColin
Member
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Activity: 100
Merit: 100
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May 28, 2017, 09:05:22 PM |
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Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope |
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Ziskinberg
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May 28, 2017, 09:57:54 PM |
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Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope You are looking at the current situation, bitcoin is still young so it's early to conclude what it can only do, we have a future and you have to believe that bitcoin is going to influence people's interest to use bitcoin especially when it is fully endorse by bitcoin companies and more if the government itself will have a good feedback on it. |
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tabas
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May 28, 2017, 10:15:12 PM |
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Due to the legalization of bitcoin in Japan, its popularity has grown significantly. Many countries began to trust bikkoin more. It happened quickly and now we see new high prices of bitcoins.
And we are now near to see bitcoin being used by almost everybody. But there's no need to say that bitcoin is becoming a global currency. It is destined to be like that and we are already enjoying the perks of using bitcoin. Even we are ordering some products offshore, we can pay with the use of bitcoin and ship it to us. |
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Sled
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May 28, 2017, 11:26:18 PM |
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Due to the legalization of bitcoin in Japan, its popularity has grown significantly. Many countries began to trust bikkoin more. It happened quickly and now we see new high prices of bitcoins.
And we are now near to see bitcoin being used by almost everybody. But there's no need to say that bitcoin is becoming a global currency. It is destined to be like that and we are already enjoying the perks of using bitcoin. Even we are ordering some products offshore, we can pay with the use of bitcoin and ship it to us. Those things that you said already are the sign of bitcoin is being a global currency and we need to say that bitcoin is becoming a global currency so a lot of people will be more interested when they heard that from you or from a promoter of bitcoin because being global currency means you can use it anywhere in the world without any complicated things to do. |
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mundang
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May 29, 2017, 12:04:21 AM |
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Im already seeing that my grand daughters and grandson is using bitcoin as a global currency in the next 30 years. No more fiat a cellphone and btc wallet is enough to make transactions on that time.
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ipungadhi
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May 29, 2017, 01:17:15 AM |
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Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope For now bitcoin has only a small community. But know that bitcoin is growing and growing? Users keep coming. And hope to make bitcoin global currency continue to exist? |
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NEWGOODOUBLE
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May 29, 2017, 03:00:59 AM |
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Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope To be a global currency is certainly not an easy thing. I recognize bitcoin is still very far away to be able to reach it, but chances are it will always have a look at the potential of bitcoin in the future? |
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Bedebah
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May 29, 2017, 04:16:26 AM |
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After Japan and South korea officially legalize bitcoin then bitcoin will immediately receive to many State and bitcoin is becoming a global currency. I think need about 10 years again.
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CasinoRoyal.one
Newbie
Offline
Activity: 46
Merit: 0
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May 29, 2017, 05:38:27 AM |
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Can it really become THE global currency when there is only 21million available? I guess the only way it would be possible is when satoshi start having a much higher value and the adoption of charging in satoshi. But what happens when 1 satoshi is worth more than a loaf of bread or pint of milk?
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EdenHazard
Legendary
Offline
Activity: 2674
Merit: 1048
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May 29, 2017, 06:19:06 AM |
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Due to the legalization of bitcoin in Japan, its popularity has grown significantly. Many countries began to trust bikkoin more. It happened quickly and now we see new high prices of bitcoins.
And we are now near to see bitcoin being used by almost everybody. But there's no need to say that bitcoin is becoming a global currency. It is destined to be like that and we are already enjoying the perks of using bitcoin. Even we are ordering some products offshore, we can pay with the use of bitcoin and ship it to us. not only japan , at the same time russia reported legalizes bitcoin as currency too. and it is just make the cryptocurrency market went crazy in the last three weeks , going up and down so fast leading to people curiousity and it is also make the demands keep increasing day by day. and of course more merchants available to accept bitcoin around the world. |
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Schuyler
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May 29, 2017, 06:51:00 AM |
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Due to the legalization of bitcoin in Japan, its popularity has grown significantly. Many countries began to trust bikkoin more. It happened quickly and now we see new high prices of bitcoins.
And we are now near to see bitcoin being used by almost everybody. But there's no need to say that bitcoin is becoming a global currency. It is destined to be like that and we are already enjoying the perks of using bitcoin. Even we are ordering some products offshore, we can pay with the use of bitcoin and ship it to us. Those things that you said already are the sign of bitcoin is being a global currency and we need to say that bitcoin is becoming a global currency so a lot of people will be more interested when they heard that from you or from a promoter of bitcoin because being global currency means you can use it anywhere in the world without any complicated things to do. In theory, bitcoin is already a global currency because anyone from any part of the world that has access to the internet can readily have access to bitcoin as well. Even in some countries where it is banned or there's some strict regulation, some people can't be prevented from using it. And because bitcoin is still an infant compared to gold and fiat, it clearly has a lot of ways to go before it becomes a universal currency where it will be readily acceptable, much like what the status of the dollar is right now. |
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mantra
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May 29, 2017, 06:55:38 AM |
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As should be obvious now in bitcoin, it is straightforwardly turned into a worldwide cash in various nation. Why did I said that things? It is on account of in Japan Bitcoin was legitimately announced as cash in a few spots of their nation, in the event that I am not mixed up, and now China is the following holding up wanting to make bitcoin to their nation to wind up noticeably a lawful money as well.
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1059
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May 29, 2017, 07:01:57 AM |
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Considerably it is there's no other currency or monetary can outrank bitcoin in terms sending and recieving money in the fastest way. Including low fees and controlled transactions that banks hardly can't offer.
I can not imagine how Bitcoin can be a global currency. Reality bitcoin is the currency for a narrow circle of people who deal with crypto-currencies and this community have very narrow scope I can only read this as "According to my very limited knowledge and experience, Bitcoin can't do anything." Okay I'll admit that bitcoin is a currency that's currently being used only by maybe even less than 1 million. But we're just starting. It wouldn't take much for the userbase to blow up once major countries start recognizing bitcoins. Bitcoin can be a global currency because everyone can access it, everyone can look at the transaction history, and everyone can use it even when the government says no to it. The majority of people are inclined to use cryptocurrency as well since most of us are already using Paypal. Newcomers don't have to understand the technical part of bitcoins, they only have to use it in order to experience it's advantages. |
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radamiel
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May 29, 2017, 07:09:25 AM |
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Well bitcoin is prevalent to a few nations, yet not all have acknowledged bitcoin as far as its legitimateness. Bitcoin is as yet a ware, so bitcoin is a long way from being a worldwide cash yet. I say not yet on the grounds that its a long way from being embraced comprehensively. In spite of the fact that it has come to the extent that Africa as far as its utilized, they are still some like India who don't care for it. So for the time being, not yet, but rather soon it will end up being a worldwide money.
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