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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226329 times)
Thymoty
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October 12, 2017, 11:21:23 AM
 #2581

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.

this is happening, but I think as long as there is no legality and recognition from the world, the US Dollar will still survive as a benchmark of world currencies,

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btctube
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October 12, 2017, 12:59:28 PM
 #2582

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.

this is happening, but I think as long as there is no legality and recognition from the world, the US Dollar will still survive as a benchmark of world currencies,

But then bitcoin will also sit along with the USD which more than likely going to be preferred by more individuals in the coming years. The price of BTC is evidently obvious why its rising every now and then. They may be successfully be painting btc's reputation but it will survive with such a high price.
MonaLeeTracy
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October 12, 2017, 02:00:48 PM
 #2583

Bitcoin is not yet a global currency and has many problems.If bitcoin can solve its problems, it will be a global currency.

it is true that bitcoin is not yet global in countries, because the bitcoin has not been acknowledged by the state as a workplace that can generate revenue so far.
w5pn73
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October 12, 2017, 02:05:41 PM
 #2584

I belive bitcoin became an internation currency a while ago and not recently. I don't remember that i've witnessed a currency reaching this value as it surpassed 5000$ just today. Number of useres is getting more and more day by day and that's what will make it number one used currency online if it is not alreasy number one. And what makes it the best, is it proprieties. The fees are so small compared to the money sent from account to account and it is leave no trace or history. It means you are totally safe when you do business with bitcoin.
Yes the transaction fees of bitcoin are much lower than the payment method that we are using in our community that's why it encourage more investors to invest in bitcoin and also the benefits when we are holding the bitcoin on which our money can grow and earn a good profit from bitcoin.

Fee's for microtransactions are quite high in my opinion. I still feel like people are using btc mostly for investment purposes instead of using it as a currency.
Sled
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October 12, 2017, 02:08:58 PM
 #2585

I belive bitcoin became an internation currency a while ago and not recently. I don't remember that i've witnessed a currency reaching this value as it surpassed 5000$ just today. Number of useres is getting more and more day by day and that's what will make it number one used currency online if it is not alreasy number one. And what makes it the best, is it proprieties. The fees are so small compared to the money sent from account to account and it is leave no trace or history. It means you are totally safe when you do business with bitcoin.
Yes the transaction fees of bitcoin are much lower than the payment method that we are using in our community that's why it encourage more investors to invest in bitcoin and also the benefits when we are holding the bitcoin on which our money can grow and earn a good profit from bitcoin.

Fee's for microtransactions are quite high in my opinion. I still feel like people are using btc mostly for investment purposes instead of using it as a currency.
Bitcoin is created for being an investment indeed and not a currency. Bitcoin is a way of making our money grow by holding our bitcoin and not selling it for short term because it is like gold that the longer that you are holding it then the bigger amount of profit that you could possibly get at the end of the day of your investment. It is more on being an investment and it will be just used as a currency if you really need it.
kafeelniazi
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October 12, 2017, 02:27:34 PM
 #2586

I'm honestly shocked by how many people are getting aware of BTC in the last few months...
dude that is due to its price..
it's just beginning! in start people think bitcoin as a scam coin but now when they see many people get profited through bitcoin, they make their self involve into it and also get profited. in future i think business men store their profits in bitcoin wallets!

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October 12, 2017, 02:34:49 PM
 #2587

Yes that's true, many countries start adopt with the bitcoin and also people investing here some money to earn and profit by the bitcoin. Bitcoin is cryptocurrency easy exchange with our local currency.
Visbay
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October 13, 2017, 06:24:44 AM
 #2588

As you can see you see indeed that Bitcoin is getting more popular and that is because the world is also getting more digital and that is quite nice because it will be perfect for Bitcoin. The only thing that must change is the value and it must be more acceptable.
Bitcoin is a global currency of the world in future. It is becoming more and more popular in the world and have increasing number of its users from all over the world than any other crypto currencies. People use bitcoins for making their future investments and trade them to make money.
Regardless of the user's purpose in using bitcoin. bitcoin continues to grow and develop. bitcoin continues to spread throughout the world. various urban and rural communities began to recognize bitcoin including my city. there are at least dozens of people who use bitcoin and dozens of others are getting to know bitcoin. it only takes a few years then bitcoin coverage has reached worldwide
Yes I agree with you there is a possibility that in future bitcoin can be a global currency because the way it’s going popular and stronger so it’s easy for bitcoin to become global currency and if we sell some develop countries have already accepted bitcoin and the people are going to take advantage of it and the most important thing about bitcoin is a high price.
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October 13, 2017, 12:18:43 PM
 #2589

Every single region has at minimum a solitary person who use bitcoin. So in one particular sort it has presently a global currency but in other phrases of controllability and international acceptance it will take time to emerge as a global currency.
anklas
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October 13, 2017, 12:31:14 PM
 #2590

Yes bitcoin is becoming a global currency because of its popularity and value that gives interest to every investors and keep on investing to it.

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NoNetwork
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October 13, 2017, 12:54:05 PM
 #2591

I'm honestly shocked by how many people are getting aware of BTC in the last few months...
Well because of its price, that's definitely the main reason why more and more people are being familiar with Bitcoin. If we are going to be practical enough when it comes to investing I mean, may people wanted to gain a lot of profit and to be honest its not that hard to earn Bitcoin, you just need basic skills in computer or other gadgets, then learn things that are related to Bitcoin and that's it.
Ngewex Yuk
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October 13, 2017, 06:09:09 PM
 #2592

If more and more users and their loyal it is not impossible bitcoin into global currency because everyone increasingly feel the benefits and advantages of using bitcoin than fiat money.

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October 13, 2017, 06:29:25 PM
 #2593

I think it is possible for bitcoin to become a global currency because of how fast bitcoin is growing. You can see bitcoin reaching almost 6k while 2 weeks ago it was 3k. This is why i think bitcoin will even reach higher numbers and can easily be the second paying method instead of usd.
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October 13, 2017, 07:40:49 PM
 #2594

I think it is possible for bitcoin to become a global currency because of how fast bitcoin is growing. You can see bitcoin reaching almost 6k while 2 weeks ago it was 3k. This is why i think bitcoin will even reach higher numbers and can easily be the second paying method instead of usd.

Price don't mean a thing in this many don't want to use this cuz price is let say unstable. Cuz of this many will think twice between this, if price someday becomes stable then sure it will be possitive outcome for global usage.

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October 14, 2017, 08:15:06 AM
 #2595

Yes,bitcoin has now almost become a global currency now.It has made its value also to rise very high.That's why china and russia have started to worry about its progress.They never thought that bitcoin would grow this much big and they have started to take actions against it.On the other hand,most countries like japan,vietnam,australia,philippines have started welcoming it by either legalizing or regulating it.Localbitcoins.com is now providing service of buying and selling bitcoins for local currencies in more that 249 countries.That clearly shows that bitcoin has almost become a global currency.

Whatever actions taken against it,nothing has able to stop its progress and its marching towards the price of $5,000.
Yes its true bitcoin is going to become a global currency because the easy bitcoin is going popular and stronger and also his price so I think there is no doubt that bitcoin can become a globe currency and also some countries have accepted bitcoin and still, more countries are going to accepted it people they trust on bitcoin and they support bitcoin from beginning.
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October 14, 2017, 08:20:47 AM
 #2596

well, bitcoin is almost a currency ruler on the internet, in other words, bitcoin has defeated its rivals, because the soaring rise in bitcoin prices is proof that bitcoin is still badly needed for many people. maybe bitcoin is potentially a global currency on the internet.

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October 14, 2017, 08:42:38 AM
 #2597

well, bitcoin is almost a currency ruler on the internet, in other words, bitcoin has defeated its rivals, because the soaring rise in bitcoin prices is proof that bitcoin is still badly needed for many people. maybe bitcoin is potentially a global currency on the internet.


The current increase on its price on the exchanges only proved that more and more people is trusting the currency and beginning to accept it's existing as an alternative for fiat.

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October 14, 2017, 11:25:37 AM
 #2598

On the virtual planet it will absolutely be a world-wide forex, as it is a currency of everybody and is not owned by a specific region.
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October 14, 2017, 01:24:02 PM
 #2599

yes, I believe, very soon, Bitcoin is becoming a global currency.now a days,it is a good position. So in future, anyone will think, it wil be a better position than now...

I agree to that the bitcoin is getting in a good position. In the future, if we will have a lot of demand for bitcoin in the future then i think that it will be enough for the government and other people to think that bitcoin is a great currency and they will accept it and use it as a mode of payment in every aspects possible. Bitcoin is great and it will be the key for the people to open the door of being successful.
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October 14, 2017, 01:47:59 PM
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Yes, bitcoin is become a global currency. it is now a.digital currency.

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