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SirChiko
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January 01, 2015, 07:16:49 PM
 #21
Quote from: AnonBitCoiner on January 01, 2015, 12:11:39 AM
Quote from: the joint on December 31, 2014, 11:53:53 PM
Quote from: moko666 on December 31, 2014, 11:35:03 PM
yes it will replace fiat
you can find a lot of merchants accepting this for payment where they were accepting CC or other methods only in past
its on the way to be an alternate to fiat, its currency of future

A replacement is something entirely different than an alternative.

If it does ever even come to this, it'll take a long time. Regardless of speculation, I don't see fiat disappearing anytime soon.
We would need to get the fiat supporters down as first and take power intou our own hands as people not the 1% of rich.
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wesk1212 (OP)
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January 02, 2015, 02:22:52 AM
 #22
Quote from: Beliathon on January 01, 2015, 02:59:22 AM
Quote from: wesk1212 on December 31, 2014, 11:22:36 PM
Bitcoin was just an investment? Im coming closer to conclude that
So was oil.

i dont understand how you could compare OIL and BTC
could you elaborate please?
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January 02, 2015, 02:25:59 AM
 #23
yeah but so far all you can do with bitcoin is probably travel (Expedia), buy computers (dell, newegg) and furnitures (overstock) (USA, i live in USA)
come on, lets be realistic.
im a bitcoin fan too but for a such technology, 2014 was very disappointing.
If this continues, bitcoin is nothing but just an investment tool for people in year 2013/2014
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January 03, 2015, 12:47:51 AM
 #24
momentum is building

the price is not a reflection

bitcoin is cheaper now at $300 than it was at $60 imo, all things considered
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January 03, 2015, 12:50:00 AM
Last edit: January 03, 2015, 06:17:05 PM by colinistheman
 #25
I predict bitcoin will begin replacing fiat around 2040.

I have absolutely nothing to back up this statement.
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January 04, 2015, 05:48:54 AM
 #26
Quote from: wesk1212 on January 02, 2015, 02:22:52 AM
Quote from: Beliathon on January 01, 2015, 02:59:22 AM
Quote from: wesk1212 on December 31, 2014, 11:22:36 PM
Bitcoin was just an investment? Im coming closer to conclude that
So was oil.

i dont understand how you could compare OIL and BTC
could you elaborate please?



In the sense that they're investments. He's analogizing, and if you read the article that he hyperlinks, you can see why


 

 

 

 

 

 


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January 04, 2015, 05:50:42 AM
 #27
Quote from: colinistheman on January 03, 2015, 12:50:00 AM
I predict bitcoin will begin replacing fiat around 2040.

I have absolutely nothing to back up this statement.
Some people believe in the world ending in the year 2014, some believe in a magical baby being born, I believe in bitcoin taking over fiat.

I mean, something had to be fucking true sometime...
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January 04, 2015, 06:23:42 AM
 #28
Personally I prefer the word "investment" to be dropped altogether or even in any way associated with bitcoin. It's causing all the price volatility and that only ends up attracting people looking for fast and personal gain rather than seeing the coin succeed.
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January 04, 2015, 07:01:51 PM
 #29
Honestly also, im afriad that the idea of crpyto currency is now not mew to people theyll start making there own crypto and abandon btc like equador?
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