bitcoin cannot replace currency in the world because price is not stable - page 15.

candy27

member

Activity: 104

Merit: 13

maybe you are true but also wrong
in fact that ups and downs of coins is natural because of demand and also popularity of coins
after the downs of coins BITCOIN to be specific is will grow even bigger and much higher than what you think
bitcoin for me is alternative money and yes for me it will never replace fiat

Yes, but not by such large percentages. the massive movements in a single day make it risky to use as a merchant because you can't set a price for your goods in bitcoin because you simply don't know what you are going to get. Which means merchants are still pricing in dollars, which defeats the whole purpose.

nurulbd

newbie

Activity: 315

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It is ture that, Bitcoin cannot replace currency in the world.It also ture that, bitcoin is the safe currency in the world.

bololord

full member

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Merit: 101

Quote from: facenew111 on July 07, 2017, 01:40:42 AM

bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency

Yes i think you're right becausee the value of bitcoin is not stable it changing every second day month and year but if you see the value of bitcoin it's to high so it's good to invest or hold it and wait until it bump up to $100000 i believe in bitcoin that in future this is our currency.

Mei1418

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Activity: 294

Merit: 101

of course bitcoin still can not replace the world's currency as you say, judging by the price that bitcoin is still not as stable, it is very troublesome when bitcoin is made into a fixed currency in a world where people will feel restless and confused because of the bitcoin price every minute it changes continuously, maybe for now still can not, but did not rule out that bitcoin can also replace the current world currencies, everything is not impossible

N@p$t3r

member

Activity: 99

Merit: 10

Quote from: facenew111 on July 07, 2017, 01:40:42 AM

bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency

USD is accepted by almost every country that is why it's price is stable. Just wait for the global acceptance of bitcoin and you'll tell your self that you are wrong.

pinkliar

full member

Activity: 262

Merit: 100

Quote from: 8Habits on October 31, 2017, 03:09:15 AM

Quote from: danggoron on October 31, 2017, 02:36:15 AM

in my opinion, bitcoin can not replace currencies around the world, but bitcoin can be an acceptable alternative payment in the world. because bitcoin provides convenience in transactions that are limited in distance.

bitcoin is just an alternative to use as a tender for a service or products online for consumers. it also is potential for investment these days and when the price reaches its pinnacle level, i should say that the most patient investors who hold bitcoins will be very wealthy Wink

bitcoin has it own name that people will look for or will see this for their new transaction and the transaction wherein go with our new generation of technology it has no intention replacing fiat currency but the thing is the intention of this is being popular as what bitcoin is.

crustez00

full member

Activity: 196

Merit: 100

Yeah i agree with your opinion about bitcoin cannot replace currency in this world. because of the unstable prices, it became hard to use bitcoin as payment. price growth percentage too extreme for such a currency. better to be an long term investment

but hope in the future its prices is stable so it can replace some real world currencies

shi07

member

Activity: 122

Merit: 15

Long Live BTC

I dont think bitcoin can ever replace fiat. The country's currency is the basis wherein their economic growth is being measured, one thing that in my opinion bitcoin is not capablenof due to its fluctuating value.

wellsontheja

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Activity: 210

Merit: 100

Quote from: facenew111 on July 07, 2017, 01:40:42 AM

bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency

I aggred with you bitcoin will never replace fiat curency because the prices is not stable even if the prices is so high and aside that bitcoin is not had physical form and only had digital form ans to acces that you need internet so if you don't had internet you can't acces that, and in some countries the development of the Internet has not advanced enough so it is still difficult.

pjwaffle

full member

Activity: 539

Merit: 100

BIB Exchange

lol? Why don't you just think about Bitcoin? How about Tether? Its price is usually stable about $1. It is useful to payment.

Siopao

full member

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Merit: 120

If bitcoin would replace fiat it should have a stable value because the businesses of a country and its economic growth is based on a country's currency so I think in that idea alone, bitcoin can't replace fiat. It is bitcoin's main factor - the "roller coaster" value and a country can't keep up with that kind of infrastructure. So let's just enjoy bitcoin and use it where it's beat suit for (e.g. online purchases, invesment etc)

dali_masmoudi

full member

Activity: 210

Merit: 100

I totally agree with you sir. Everyone is becoming insane about Bitcoin and they want it to be the first currency in the world but actually it can not be.
Economics says that Bitcoin will have a big fall someday because there is no reserve it and there no strong country supporting it (like US, UK, Russia ...).
It is true, first of all it has to be stable and then we can talk about globalizing Bitcoin.

Timoteus

member

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Merit: 10

I hope in future price will be stable

btcbrother

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🌟ATLANT ICO ENDING SOON🌟

The more money, o market cap, that flows into Bitcoin, the more the price will increase and the more the price will be stable.

King Sastro

sr. member

Activity: 630

Merit: 251

Exactly, to be used legally of course bitcoin prices should be stable, it can not imagine if bitcoin prices go up and down to hundreds of percent in a day so that will make the price of goods become chaotic.

Skyshark

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Activity: 505

Merit: 100

Quote from: facenew111 on July 07, 2017, 01:40:42 AM

bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency

I think bitcoin has lots of possibilities and one of it is replacing our current currency. We can see that bitcoin is going no where but up, and more and more people are just being attracted by its unending possibilities, even big investors are just rushing to be in cryptocurrency or the cryptoworld.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: danggoron on October 31, 2017, 02:36:15 AM

in my opinion, bitcoin can not replace currencies around the world, but bitcoin can be an acceptable alternative payment in the world. because bitcoin provides convenience in transactions that are limited in distance.

bitcoin is just an alternative to use as a tender for a service or products online for consumers. it also is potential for investment these days and when the price reaches its pinnacle level, i should say that the most patient investors who hold bitcoins will be very wealthy Wink

Yankeestyle

member

Activity: 126

Merit: 10

Quote from: BlackRacerX on October 31, 2017, 02:23:42 AM

Quote from: facenew111 on July 07, 2017, 01:40:42 AM

bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency

If bitcoin was to replace fiat money as a whole, it has to be stable first in order to achieve this. If doesn't stabilize the way it should be, then it wouldn't be a viable candidate to replace fiat money. Fiats are stable that's why it's an ideal currency barter with stores. Bitcoins, on the other hand, is so unstable that at some point, prices go up drastically and goes down drastically as well.

In the event that doesn't balance out the way it ought to be, at that point it wouldn't be a reasonable contender to supplant fiat cash. Fiats are steady that is the reason it's a perfect money bargain with stores. Bitcoins, then again, is unstable to the point that eventually, costs go up radically and goes down definitely too.

danggoron

full member

Activity: 560

Merit: 102

in my opinion, bitcoin can not replace currencies around the world, but bitcoin can be an acceptable alternative payment in the world. because bitcoin provides convenience in transactions that are limited in distance.

CryptopreneurBrainboss

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eXch.cx - Automatic crypto Swap Exchange.

Yes that's true, looking out the current situation but with time Bitcoin will prove itself and take her rightful position as king of all Currency

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