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pitiflin
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August 02, 2017, 01:18:58 PM |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Maybe it is a global currency, good that such things happen for Bitcoin. Bitcoin being traded amongst local currency can not be good option always. People get arrested because of this is what I have heard. But this can also result in good things like when people see with their own eyes that bitcoin is a good thing to invest on. I am glad that some currencies take over the USD $ after many years. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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RomanPetrush
Full Member
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Activity: 630
Merit: 123
Join @Bountycloud for the best bounties!
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August 02, 2017, 01:28:08 PM |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Maybe it is a global currency, good that such things happen for Bitcoin. Bitcoin being traded amongst local currency can not be good option always. People get arrested because of this is what I have heard. But this can also result in good things like when people see with their own eyes that bitcoin is a good thing to invest on. I am glad that some currencies take over the USD $ after many years. The structure that owns USD has enough power to find the way how to take the control of Bitcoin currency. Probably, BTC will replace the USD. But the "owners" will stay. |
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manyu22
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August 02, 2017, 01:36:49 PM |
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If bitcoin becomes the world's currency it might be possible. Because bitcoin at this time have many who use it.  |
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Biggapp
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August 02, 2017, 02:00:56 PM |
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Its almost becoming very known now. will soon be a global currency and banks are gonna go crazy when this happen. The more they kept out of the mainstream media, its always on the social media like facebook where people are 24/7.
Already it is a global currency because now many countries accept as legal currency. So it has already proved that has become a global currency. Very soon many countries will start accepting as their payment option. if you comparing it with dollar or pound like fiat then sorry brother you are wrong. it takes a long way to reach their level. yeah but in the world of cryptocurrency yes it is a global currency from the day it has started and i don't think there is any altcoin that can replace it in the future. it was global currency it is global currency and it will be in the future. well you are right that the price of the bitcoin and the market importance is still under growing it is not so much popular as the fiat money and the dollar is, dollar and pounds are being use since very long but we cannot neglect the value and increasing price of the bitcoin as it is being very common and popular soon it will be as equal to the other currencies. |
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fanbeila
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August 02, 2017, 02:02:05 PM |
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Bitcoin has become famous all over the world.Big celebrities as well as normal people are talking about it.It has been legalized in japan and soon to be legalized in south korea as well as india.Russia and china have already started regulating bitcoins instead of banning it.Bitcoin only deserves to be called as a global currency as it does not belong to any country.Its common to people all over the world and what is needed is just a laptop and access to internet.
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Tukang Becak
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August 02, 2017, 05:10:58 PM |
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It seems there are still many issues to be solved, especially the problem of transaction confirmation that continues to slow even now more than 200k transactions have not been confirmed.
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Kabul
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August 02, 2017, 05:43:05 PM |
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all county will accept bitcoin as payment and exchange same day. and bitcoin will be the global currency. And increase rapidly and unstoppable even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin
yes that is right that at the end all the countries will accept bitcoin but i think it will take a lot of time because still only japan has accepted bitcoin and the reason is that in japan the bitcoin users are more and therefore they consider bitcoin as legal currency. Well, nowadays so many big countries are receiving bitcoin, but I do not think that's maximal yet. Maybe currently bitcoin is still in development, I feel that bitcoin will also become a global currency, because big countries have started to accept bitcoin as a legal transaction tool. Bitcoin has been a global currency since it was created and there will be nothing change in this. Even if the country ban bitcoin, it will still be used by people over the world. Legalizing bitcoin only make the more people notice about it. Bitcoin is good and it needs to be used everywhere. People need to learn more about bitcoin because it is one of the safest way to keep your property |
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azguard
Legendary
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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August 02, 2017, 07:26:52 PM |
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all county will accept bitcoin as payment and exchange same day. and bitcoin will be the global currency. And increase rapidly and unstoppable even a government can not stop bitcoin .and bitcoin will be legal to the all county not just bitcoin but all crypto currency like ethereum and litecoin
yes that is right that at the end all the countries will accept bitcoin but i think it will take a lot of time because still only japan has accepted bitcoin and the reason is that in japan the bitcoin users are more and therefore they consider bitcoin as legal currency. Well, nowadays so many big countries are receiving bitcoin, but I do not think that's maximal yet. Maybe currently bitcoin is still in development, I feel that bitcoin will also become a global currency, because big countries have started to accept bitcoin as a legal transaction tool. Bitcoin has been a global currency since it was created and there will be nothing change in this. Even if the country ban bitcoin, it will still be used by people over the world. Legalizing bitcoin only make the more people notice about it. Bitcoin is good and it needs to be used everywhere. People need to learn more about bitcoin because it is one of the safest way to keep your property Bitcoin is not just currency globally, it much more some consider it at value similar to gold, the more you have it the better. But you are wrong about the safest way we saw many times wallet and even exchanges got hacked but when you look at bank this is far safer way to keep money. |
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epitome
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August 02, 2017, 08:36:00 PM |
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It seems there are still many issues to be solved, especially the problem of transaction confirmation that continues to slow even now more than 200k transactions have not been confirmed.
Hope you were following the upgrades and the news that we have already upgraded the network and hope you know the upgrade is done to nullify these issues in the first place and allow people to transact at a lower price like we used to do in the past,wait for some time until everything is resolved and it will be back to normal. |
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Paid Piper
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August 02, 2017, 11:43:06 PM |
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This is true that the bitcoin is becoming a global currency because of the different adoption of the government for bitcoin and it is really happening because a lot of countries are already adopted bitcoin or just starting to adopt it but we can already see the effect of it in the market price of bitcoin which is already on a high position.
i think there is no doubt that bitcoin is already the global currency of the world. and i think its popularity is still increasing. |
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Rinder
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August 03, 2017, 12:13:13 AM |
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Bitcoin does give us freedom im part, because in any moment a countrie can dig and make it ilegal and start hunting, frozen banks accounts, and well in the general would be hard to survice with just bitcoins, since it would require a place to exchange or a interested person, but the power of a countrie does scare me since they can do almost they wanna.
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Ziskinberg
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August 03, 2017, 02:59:19 AM |
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Bitcoin does give us freedom im part, because in any moment a countrie can dig and make it ilegal and start hunting, frozen banks accounts, and well in the general would be hard to survice with just bitcoins, since it would require a place to exchange or a interested person, but the power of a countrie does scare me since they can do almost they wanna.
Definitely, it's a real freedom that we never experience in the past, the government always said they will protect us and our personal information but banks can easily expose everything we have. We need to ensure although we trust banks but not fully trust everything we have, bitcoins is here to provide transparency of our transaction and provide security of our money or investment as we are the only one who can access and view it. |
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mostkey
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August 03, 2017, 03:20:40 AM |
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Bitcoin does give us freedom im part, because in any moment a countrie can dig and make it ilegal and start hunting, frozen banks accounts, and well in the general would be hard to survice with just bitcoins, since it would require a place to exchange or a interested person, but the power of a countrie does scare me since they can do almost they wanna.
No matter how strong their country will never be able to control the use of bitcoin, we may have seen some news related to controlling the use of bitcoin. But it really will never happen, even as strong as any country trying to try |
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the rise
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August 03, 2017, 05:14:29 AM |
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Bitcoin does give us freedom im part, because in any moment a countrie can dig and make it ilegal and start hunting, frozen banks accounts, and well in the general would be hard to survice with just bitcoins, since it would require a place to exchange or a interested person, but the power of a countrie does scare me since they can do almost they wanna.
No matter how strong their country will never be able to control the use of bitcoin, we may have seen some news related to controlling the use of bitcoin. But it really will never happen, even as strong as any country trying to try They are easy to intervene bitcoin, they only target only for bitcoin exchanger, if the exchanger does not cooperate, it will be permanently closed. Many things make bitcoin steps stunted, but I think if the government doesn't legalize them with the rules they have, they are aware of destroying the potential of a large bitcoin tax source. |
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Dux2K
Legendary
Offline
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
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August 03, 2017, 06:00:38 AM |
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Bitcoin is global currency only one problem there is. Not so many still know about it and if they know they lack access to internet to use it. Think this is only problem but when is solved this will make price boom high.
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Shamie1002
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August 03, 2017, 06:04:56 AM |
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Yes it is not impossible because of massive adoptation. In my country it is accepted. There is an application wallet that is exclusive to use here. And it has its own features that includes transactions like paying bills and even be a load retailer too.
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mostkey
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August 03, 2017, 06:05:04 AM |
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Bitcoin does give us freedom im part, because in any moment a countrie can dig and make it ilegal and start hunting, frozen banks accounts, and well in the general would be hard to survice with just bitcoins, since it would require a place to exchange or a interested person, but the power of a countrie does scare me since they can do almost they wanna.
No matter how strong their country will never be able to control the use of bitcoin, we may have seen some news related to controlling the use of bitcoin. But it really will never happen, even as strong as any country trying to try They are easy to intervene bitcoin, they only target only for bitcoin exchanger, if the exchanger does not cooperate, it will be permanently closed. Many things make bitcoin steps stunted, but I think if the government doesn't legalize them with the rules they have, they are aware of destroying the potential of a large bitcoin tax source. Indeed the government will take huge advantage of taxes for bitcoin use, but will it be effective if bitcoin transactions are taxed for the government? Whether it will only increase the transaction burden only ?? |
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hritevanz
Member
Offline
Activity: 182
Merit: 10
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August 03, 2017, 07:30:10 AM |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
It's not possible that bitcoin can be a global currency in the future but then i would say that it will be processed for so many years because the government will be the one to decide about it. Since bitcoins really helped a lot in transactions, then why not bitcoins become our global currency. |
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mysacrifice
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August 03, 2017, 07:37:29 AM |
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It is just the matter of time. Maybe not so soon but it will become global currency.
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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August 03, 2017, 02:54:43 PM |
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Bitcoin is global currency only one problem there is. Not so many still know about it and if they know they lack access to internet to use it. Think this is only problem but when is solved this will make price boom high.
to me i think in present time there may be very little number of people who do not have any access to internet but the rest of the people have good access to internet. |
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