Topic: Bitcoin as the currency of the future? - page 6. (Read 8512 times)
I think yes, this will be the universal currency in the future because of computer trends. An online or shopping market is now available that you can use bitcoins purchased or to shop online. And also the use of bitcoin to invest.
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
I can see that is possible for bitcoin to be an alternative currency in the future, and if the government allows it to be. We all know many people now usinh bitcoin for paying their bills and other online transactions. If the mass adoption of bitcoin continue to grow, maybe we can see bitcoin as an alternative currency in the future. 
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Probably. But it doesn't necessarily reflect that with the high price bitcoin has, we have more chance that bitcoins will ever be a currency of the world. We have to consider the quantity of bitcoins. Imagine having the world has the primary demand for bitcoins. That would need a lot of bitcoins.
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
It's highly unlikely. Bitcoin will never be widely use as a CURRENCY. It will still be use as an investment, specially in the future. More people will know more about it and will be INVESTING on it rather than using it as a currency.
This will be the case for all other crypto-currency.
Bitcoin's original purpose was to be a decentralized currency in which you have total control of. As we can see from the previous years study in the beginning of the year the price of bitcoins was less than $ 1000 USD and by the year ending it reached up to $ 19000 USD which is a good sign for all the investors as they could earn good returns from their investment.
yes, bitcoin is definitely the currency of the future as more and more people are getting to adopt its use. sooner than later the world will
I agree with your point. I think bitcoin will flourish, bitcoin will be legal in the world and it will become the world's currency in the future.
Bitcoin is already making waves worldwide despite the backlash and everything. I believe 2018 has been one of the harsh and tough times for bitcoin but it's been effectively resilient in that the volatility is reduced as compared to 2017.
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Yes , It is true. I believe it. Bitcoin will be as currency in the future.
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Actually, bitcoin has a big chance to become future virtual currency and if this thing happen I think it has a positive effect on bitcoin community and industry. Furthermore, I hope it would happen because many people will get benefit from it like they pay their bills instantly and without any hassle. I hope bitcoin will become our world currency that can be use both online and offline.
First: At the moment, the currency is completely unregulated. That’s a source of joy for Libertarians, but a source of concern for potential investors. A panel of traditional and non-traditional investors at the conference all agreed that some level of regulation has to be in place before Bitcoin goes completely into the mainstream. It’s worth noting that Mr. Andreessen himself is now a Venture Capitalist who has investments in Bitcoin-based technologies. So he’s got a vested interest in its success. However, he’s not just a Venture Capitalist. He’s also a visionary who gave us the world’s first browser, Netscape. The man knows his stuff.
Second: Bitcoin’s value is not backed by anything real or tangible. The “gold standard,” as Mr. Krugman points out (using the words of fellow economist Brad deLong), holds an implication that when push comes to shove, gold can be traded for its own intrinsic value. It’s shiny, pretty, and people like to own it. Bitcoin has no such basis in reality. Of course, most countries, including the United States no longer tie their currency to the gold standard anyway. That standard began eroding in 1933 under President Franklin Roosevelt and was effectively ended in 1971 under President Richard Nixon. But Krugman argues (as does Mr. deLong), that it’s still in there somewhere. It creates the “floor” of what a dollar is worth. I know there are lots of people that would disagree with that statement, or who would say that floor is very far below-ground. I’ll let them duke it out. What’s clear is that the value of a Bitcoin is volatile. Treat it like a stock, and try to amass a lot of it, and you could take a serious financial bath.
Third: Bitcoins are not so easy to buy. The unregulated nature of the currency makes it hard to be sure you are dealing with a credible party. The self-descriptive site “howtobuybitcoins.info” starts with a warning to be very careful with your money. This is an area where regulation could really help.
Second: Bitcoin’s value is not backed by anything real or tangible. The “gold standard,” as Mr. Krugman points out (using the words of fellow economist Brad deLong), holds an implication that when push comes to shove, gold can be traded for its own intrinsic value. It’s shiny, pretty, and people like to own it. Bitcoin has no such basis in reality. Of course, most countries, including the United States no longer tie their currency to the gold standard anyway. That standard began eroding in 1933 under President Franklin Roosevelt and was effectively ended in 1971 under President Richard Nixon. But Krugman argues (as does Mr. deLong), that it’s still in there somewhere. It creates the “floor” of what a dollar is worth. I know there are lots of people that would disagree with that statement, or who would say that floor is very far below-ground. I’ll let them duke it out. What’s clear is that the value of a Bitcoin is volatile. Treat it like a stock, and try to amass a lot of it, and you could take a serious financial bath.
Third: Bitcoins are not so easy to buy. The unregulated nature of the currency makes it hard to be sure you are dealing with a credible party. The self-descriptive site “howtobuybitcoins.info” starts with a warning to be very careful with your money. This is an area where regulation could really help.
It is true that the price rise is a fact that the price rise is not a good void for good coins or things, but at the same time it does not matter, it is not the factor of determining whether Bitcoin is going to turn into future currencies, because only in the past six years now and Bitcoin is still in the future An international foreign currency exchange is adopted as the medium because the names are foreigners There are some other things that come up for a currency in which the value of this is increasing and its value is minimized.Now let's buy many things online by bitcoin. Bitcoin is the digital coin which we use in all fields of Bitcoin in the future.
When I first heard about bitcoin in 2013, why did not I pay attention to it, but now I see that they are gaining popularity and already in many online stores you can buy goods and services for bitcoins.
Bitcoin is capable to be the currency of future; there's a lot of peope are believing that Bitcoin can strive for more. If people will keep investing or working on it, it can be used worldwide. I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
It is the currency at present also...but not the permanent one...to become the permanent one it needs to reduce transaction fees and time.
When I first heard about bitcoin in 2013, why did not I pay attention to it, but now I see that they are gaining popularity and already in many online stores you can buy goods and services for bitcoins.
maybe bitcoin will be the currency of the future, because already many bitcoin users in every country, and bitcoin price is currently very high, if bitcoin will continue to rise may be the currency of the future
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
it's true I think that this cryptocurrency can beat the currency in another country according to the selling price and an ups and downs bitcoin prices on offer, could be up or down.according to our intelligence in processing our own finances and determine the price as well, afraid instead of profit instead of loss in us for not getting any profit at all.
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
It is possible, bitcoin is Highly Secured, Shield Against Economic Problems, Fluctuating Value , Ease For Criminals, Lack Of Strong Framework . These are the pros and cons of bitcoin expert says. Bitcoin may have taken a dip, while numerous other cryptocurrencies vie for the spotlight. But that doesn’t mean cryptocurrency itself is about to crash.
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
It's possible a big possibility that bitcoin will be the future currency, We don't know if there would be events or site that can affect Bitcoin. We know that bitcoin progressing everyday increasing value of bitcoin and users buying and selling bitcoin or joining campaigns, Bitcoin becoming more popular now in the world and in the Philippines the bright future of bitcoin is amazing and exciting. Bitcoin can be able to sustain as the King of all cryptos and more peoples joining bitcoin in coming years.
Because being the first then it is natural that bitcoin is the most popular, of course this has a big impact on cryptocurrencies because almost all coins or tokens are dependent on bitcoin prices.
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