Bitcoin as payment system - page 47.

brascopck

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

Actually bitcoin already become as a payment system too right now, you can buy/sell something online and use bitcoin as the payment. People also use bitcoin for trading, pay a salary, gambling and many else. I'm sure many people will use bitcoin too in the future.

ipanks

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Quote from: thenameisjay on December 27, 2017, 06:44:35 PM

Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

I don't still see bitcoins as a sort of replacement for money in its totality but I see it as an aid to fiat money. Bitcoins and fiat money can work hand-in-hand to produce a feasible and stable monetary system. As of now, we first have to stabilize the price movement of bitcoins and complete the total supply in the circulation.

maybe we are on that way to see bitcoin as a new currency because some country is applying this like we know in japan and I think soon, in the future, many countries will realize and will follow their step. although there is many different argue about approving bitcoin but I think they don't get any agreement to use bitcoin as a payment system but once many government is applied bitcoin, I am sure that every country in the world will think about bitcoin and we have our chance to see bitcoin as a new payment system.

mrcash02

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Quote from: thenameisjay on December 27, 2017, 06:44:35 PM

Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

I don't still see bitcoins as a sort of replacement for money in its totality but I see it as an aid to fiat money. Bitcoins and fiat money can work hand-in-hand to produce a feasible and stable monetary system. As of now, we first have to stabilize the price movement of bitcoins and complete the total supply in the circulation.

In sintony with fiat, Bitcoin already works as an useful payment system. There are people living from their income from BTCs, so I think we have already passed the bubble thing level, prooved Bitcoin is more than that, more than a speculative currency and totally different from a Ponzi scheme. However, I don't think we can see the price becoming stable. It doesn't have regulation, the market is free and makes BTC's price moves fast up and down, it's part of Bitcoin's nature.

Dansamiv

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Quote from: losik43 on December 04, 2017, 05:36:59 AM

Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin Roll Eyes

Bitcoin is not only a currency, but Bitcoin is also a payment system with security and fast transactions. I think bitcoin will be a trend in the world of payment in the future.

NavI_027

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

How do you think, will we be using bitcoin as payment system?

Even though bitcoin is getting more popular and become more influential these days, I'm still not confident to say that it will definitely replace fiat someday when it comes to the system of payments. Though bitcoin has great potentials, our governments still disregarding this idea because of its loopholes. But who am I to predict bitcoin's future, let's just wait what will happen next.

Quote

Or it will stay as it is and this bubble blow up one day? Undecided

I disagree with you, I don't think it will blow up especially these times that btc never fail to become higher and stronger than before. (I hope so) I think it will crash including all the alts if we find a new system who is better than cryptocurrency.

thenameisjay

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

I don't still see bitcoins as a sort of replacement for money in its totality but I see it as an aid to fiat money. Bitcoins and fiat money can work hand-in-hand to produce a feasible and stable monetary system. As of now, we first have to stabilize the price movement of bitcoins and complete the total supply in the circulation.

WatchMaker

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Bitcoin was originally invented as an electronic currency to change how people use and handle money, but do it limited supply people started buying it as an asset just like gold.

sgenuine

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

I don’t see any signs that creators of Bitcoin are trying to transform its blockchain in a regular payment system. Some other currencies do it but not a Bitcoin. Maybe with the time something will be changed.

futuris

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

There is a probability. Bitcoin can even replace the dollar.

kinzey

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

As of now btc as payment will not be viable. Transaction fees is just not btc friendly. Maybe altcoins can be used. You get btc. Change some to the altcoin payment and pay for purchases.

dogeeeeeeee2

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Quote from: aleksandra_kickcity on December 27, 2017, 07:17:42 AM

Quote from: Blackwhite69 on December 26, 2017, 11:00:31 PM

That's a very good thing if Bitcoin has become a valid payment instrument. My opinion Wink

Good but slow Grin

Slow or not it's depending on your fee transaction. It could be just a minute if you're paying high fees.

soma50

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I'm not sure about this, but I think BTC will not fly for the future. Approximately 2018 will bring us bitcoin roll development.
I do not think its payment system will be temporary only. There will be a large payment system.

aleksandra_kickcity

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Quote from: Blackwhite69 on December 26, 2017, 11:00:31 PM

That's a very good thing if Bitcoin has become a valid payment instrument. My opinion Wink

Good but slow Grin

Blackwhite69

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That's a very good thing if Bitcoin has become a valid payment instrument. My opinion Wink

Asusnumbaone

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

It is not a possible event but it not impossible to happen. It will be hard for the elders to accept it as a payment system and also for the government because the bitcoin is tax exempted. It can only be possible if the government makes it own bitcoin system to control the bitcoin the the country but that is not easy because we all now that the bitcoin is a decentralized system.

markgayamo

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Yes, it can be possible to happen. It's good that there are countries already that accept bitcoin as a payment because the charge that is putted there is not big however i think that the there are countries that won't agree the idea of using bitcoin as a payment system. So as long as there are countries that disagree with this idea bitcoin will stay as it is.

Ronyx

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

Indeed Bitcoin's currency is multifunctional, where Bitcoin as a mode of payment and on the other hand as an investment for profit. It depends on what bitcoin is used, therefore the freedom of choice.

RobertoMakeli

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Quote from: losik43 on December 04, 2017, 05:36:59 AM

Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin Roll Eyes

agree with you, btc price will go up very strong in 2018, I hope its price over 50k

tats14

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Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 AM

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day? Undecided

And how do you see it's future?

Well bitcoin as a payment system is a good payment ever because you feel safe and you feel scam free, bitcoin as a payment is a very good idea and you can't scam bitcoin because it has many securities in bitcoin.

Renai0925

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There's really no way to say it with complete certain about the bitcoin's bubble, it's a fragile ticking time bomb for sure. Also, there are some countries out there already accepting cryptocurrencies as means of payment. So I guess that's a good start.

Topic: Bitcoin as payment system - page 47. (Read 6073 times)