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Author Topic: Bitcoin is Becoming a Global Currency  (Read 226329 times)
Sled
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November 08, 2017, 06:53:05 AM
 #2721

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.

I think US Dollar is still the most used business currency in the world. You are paying for most of your international deal with US Dollars after all. I don't think it will gonna change anytime soon. Bitcoin is definitely not a currency that will catch on globally at this time
Bitcoin is a currency but US Dollar is still the most used currency even until now because that is a universal money and a lot of countries are using that for a lot of decades and with US Dollar, there is no problem but they can also use bitcoin as a way of paying things internationally because bitcoin is also fast and secure but as of now, it is still an option.
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November 08, 2017, 06:59:52 AM
 #2722

I am waiting that goverments start to reserve bitcoin like gold or USD. then bitcoin will be a global currency.
Without a goverment reserve we can not call bitcoin a global currency.
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November 08, 2017, 07:03:05 AM
 #2723

As the days goes by, we can see how bitcoin also evolves and how it has been widely accepted by various countries worldwide. Bitcoin becoming a global currency is not impossible to happened years from now. As bitcoin continuous the flow of it's market, I'm sure it will be used and accepted all the more even the people who haven't heard of it now. We all know for the fact the bitcoin is so useful most especially on global transactions like changing the currency in USD, Euro, Yen, etc... this means, it is as if it's liquid matter that can be used well anywhere.

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November 10, 2017, 04:52:27 AM
 #2724

for bitcoin becoming a worldwide forex very first it need to have to be used more than all web site as an online payment. now the numbre of web site utilizing bitcoin grow working day by working day.and soon after bitcoin get to that it will be utilised in stores and other factors and in that minute we can say that bitcoin is a worldwide currency.it have a prolonged way to go and that will consider a lengthy time but if it continu like that it will come a day to reach that objective.
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November 10, 2017, 05:28:58 AM
 #2725

I am waiting that goverments start to reserve bitcoin like gold or USD. then bitcoin will be a global currency.
Without a goverment reserve we can not call bitcoin a global currency.

I guess that would not happen because bitcoin is not in their control, they can consider their own very precious but not their competitor.
Bitcoin is one of the best invention and I would say I like the current situation now, I don't know what will happen if the government will start to impose strict rules on us bitcoin holders.

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November 10, 2017, 06:40:37 AM
 #2726

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.

When it comes to the world of internet, yes. Bitcoin is the only reliable and most common cryptocurrency in the internet. This is why most probably people around the world prefer to use it. Hopefully, others will realize this too because it's for their own good.
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November 10, 2017, 06:53:23 AM
 #2727

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.

When it comes to the world of internet, yes. Bitcoin is the only reliable and most common cryptocurrency in the internet. This is why most probably people around the world prefer to use it. Hopefully, others will realize this too because it's for their own good.
There are a lot of crypto-currency that is always good in using online, bitcoin is just the most popular because it was invented first.
Bitcoin is not cheap anymore if you will compare with the fees on altcoins, the bigger the value of bitcoin increases, the more it's become expensive to transact.

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November 10, 2017, 06:59:55 AM
 #2728

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!

I don't think it's as clear cut as "governments won't be able to stop bitcoin."

Governments can and have done some awful things to control the people. They can certainly push bitcoin underground, which wouldn't be good. But the people control of this too. The people need to elect leaders that support the future they want to see. The people need to get more involved in politics. The people need to find their voice...then use it.

I agree, definitely bitcoin is manifesting to be the front runner global currency. It's the next best thing investors
are in to at right now. Then there's the government circumstances with bitcoin along with several nations. Governments
will get involve and influence bitcoin any day now. Certainly they have looked and ruminate on the subject. Everybody
is tapping into crypotcurrency today, it got the people's awareness and certainly that caught the government's attention.  
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November 10, 2017, 07:08:34 AM
 #2729

And that in no other country did I see their full adoption at the state level and, accordingly, equating to the national currency. While all this is virtual and only in words.
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November 10, 2017, 07:57:03 AM
 #2730

Bitcoin is already in the Bitcoin business, though because it is predictable The only worrying thing where the price is rising so high and down again, it is possible for Bitcoin to rise and fall in a volatile way when the market remains stable.

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November 10, 2017, 09:52:00 AM
 #2731

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.


Thats great! its means that  bitcoins is more famous  than in US dollar.Maybe soon becoming a global currency if its is regulated all over the world with   the government.the problem is the bitcoin price is volatile in the market sometimes its pump,and sometimes its dump.

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November 10, 2017, 09:57:44 AM
 #2732

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.
Thats great! its means that  bitcoins is more famous  than in US dollar.Maybe soon becoming a global currency if its is regulated all over the world with   the government.the problem is the bitcoin price is volatile in the market sometimes its pump,and sometimes its dump.

Can you imagine if bitcoin is the world's number one currency and they can not be controlled by the government? then the world will return to an age where everyone will become greedy and use all means to collect it, this is not true, bitcoin will become global currency, but USD or other strong currencies should remain the main benchmark.

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November 10, 2017, 11:02:23 AM
 #2733

Yes I also think that bitcoin is becoming a worldwide currency and more people are interested to know about it, how they can treat it.

Maybe in the 2049, not the Blade Runner movie if I'm wrong, just kidding. If people could understand the people needs they could appreciate the  bitcoins importance and it should be on people's speak and if the majority's on bitcoins well it is the chance to choose.

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November 10, 2017, 11:03:57 AM
 #2734

If bitcoin a currency there there will be a paper bitcoin or anything that has physical  Undecided
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November 12, 2017, 09:22:34 AM
 #2735

Around the digital globe it'll definitely be considered a global forex, because it is a forex of everyone and isn't of a specific nation.
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November 12, 2017, 04:42:10 PM
 #2736

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.
Thats great! its means that  bitcoins is more famous  than in US dollar.Maybe soon becoming a global currency if its is regulated all over the world with   the government.the problem is the bitcoin price is volatile in the market sometimes its pump,and sometimes its dump.

Can you imagine if bitcoin is the world's number one currency and they can not be controlled by the government? then the world will return to an age where everyone will become greedy and use all means to collect it, this is not true, bitcoin will become global currency, but USD or other strong currencies should remain the main benchmark.

better like this alone, not until you imagine it is achieved, if it is achieved it will be troubling the people who do not know about bitcoin. just do not let the people become greedy. because greed is useless.

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November 12, 2017, 04:51:40 PM
 #2737

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.
Thats great! its means that  bitcoins is more famous  than in US dollar.Maybe soon becoming a global currency if its is regulated all over the world with   the government.the problem is the bitcoin price is volatile in the market sometimes its pump,and sometimes its dump.

Can you imagine if bitcoin is the world's number one currency and they can not be controlled by the government? then the world will return to an age where everyone will become greedy and use all means to collect it, this is not true, bitcoin will become global currency, but USD or other strong currencies should remain the main benchmark.
It is true! bitcoin can become global currency in the future but the fiat currency will remain in our society. People will hard to adapt the cryptocurrency and if that happen, our society will be messy.

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November 12, 2017, 05:01:46 PM
 #2738

I'm not sure I would class some of those countries as 'major' ... but there is a general sense now that bitcoins are leaving the USA, and at an accelerating rate.

I really hope bitcoin to be one of the global digital currencies in the future
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November 12, 2017, 05:48:22 PM
 #2739

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.

This is true because bitcoin is becoming word-wide known and it is becoming famous as time goes by. A lot of rich and well-known people and even countries are starting to view bitcoin as a good long-term investment. That's why bitcoin market is getting big and it's price is continuing to increase day by day.

 
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November 14, 2017, 12:50:26 PM
 #2740

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.
Thats great! its means that  bitcoins is more famous  than in US dollar.Maybe soon becoming a global currency if its is regulated all over the world with   the government.the problem is the bitcoin price is volatile in the market sometimes its pump,and sometimes its dump.

Can you imagine if bitcoin is the world's number one currency and they can not be controlled by the government? then the world will return to an age where everyone will become greedy and use all means to collect it, this is not true, bitcoin will become global currency, but USD or other strong currencies should remain the main benchmark.
It is true! bitcoin can become global currency in the future but the fiat currency will remain in our society. People will hard to adapt the cryptocurrency and if that happen, our society will be messy.
As your said, we don't need to wait more time. We are using Bitcoin as a global currency for our payment in worldwide. I don't use Credit card or Paypal for my transaction to other countries. I'm using Bitcoin and cryptocurrency for my online payment method, as long as the deal accept cryptocurrency for payment.

Time off to sleep ... ( ̄︶ ̄)~
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