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Topic: Bitcoin failed as a currency - page 31. (Read 7191 times)

full member
Activity: 290
Merit: 100
July 18, 2018, 05:56:13 PM
this is not true you can see how far bitcoin now no altcoins will arrive if no bitcoin and this is infamous in wholewide world so bitcoin is successful currency.
legendary
Activity: 1372
Merit: 1027
Dump it!!!
July 18, 2018, 05:55:07 PM
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I like to think of bitcoin as the best currency for large sums of money as the fees incurred here are way below what fiat service providers would charge, but the problem with most of us is we choose to use bitcoin for micropayments which we require almost instantly as we want it to compete with the likes of mastercard or Visa but right now its not yet there but with LN it might stand a chance and be used as a currency by everyone once more.
sr. member
Activity: 812
Merit: 262
July 18, 2018, 05:40:27 PM
Bitcoin will not failed in any aspects on the crypto currency. If these coin failed, why bitcoin will remain on the no. 1 spot in the market cap.

Bitcoin is strong, best community and service in the industry of digital currency.
Yes it didnt fail to be a currency if its then it didnt help many people in their financial need like me. In fact bitcoin has a big role now in any one who used it because it provides money that we need in order for us to survive. Bitcoin was so useful and very benifcials so how did you say that it failed to be as a currency?
member
Activity: 364
Merit: 13
July 18, 2018, 05:32:12 PM
No, I do not think so. Bitcoin will survive in a limited world. Bitcoin prices have started to grow now. I think prices will rise further at the end of this year, the price of last year will cross.

The OP is not talking about the price. The OP is talking about the use of bitcoin as a payment system. Even if the price rise 1000 rimes, that problem must be solved.
member
Activity: 216
Merit: 10
July 18, 2018, 05:17:11 PM
I don't think it failed as  a currency but maybe the time is not up for it to be used fully as digital currency where people could spend it in their daily activities. We just have to give it sometime for more platforms to announce their acceptance of bitcoin because that is the only way it can be used as a currency, to purchase an item and for that to happen there has to be some platforms to accept it.
newbie
Activity: 196
Merit: 0
July 18, 2018, 09:14:01 AM
Bitcoin is an online virtual currency. It has no real existence outside of internet. Bitcoin's price is always heavy variable.
If Bitcoin's price was at a fixed price, it could have become a real currency instead of fiat money in future.
full member
Activity: 277
Merit: 100
July 18, 2018, 09:08:01 AM
I think Bitcoin is currently the currency that is a digital currency. If Bitcoin is not a currency, automated people will not be able to invest bitcoin. Because all these investors are looking for profits with bitcoin prices that fluctuate up and down.
Most likely if everyone in this world knows about the vast bitcoin information, I'm sure this bitcoin will be the real currency of all countries.

I think that bitcoin is our money in the future. In new few years most people in the world will be using cryptocurrency and beat going as well as a famous of them. If you want to feel benefits you must invest into it right now.
newbie
Activity: 64
Merit: 0
July 18, 2018, 07:17:20 AM
No, I do not think so. Bitcoin will survive in a limited world. Bitcoin prices have started to grow now. I think prices will rise further at the end of this year, the price of last year will cross.
full member
Activity: 350
Merit: 100
July 18, 2018, 06:59:37 AM
Bitcoin will not failed in any aspects on the crypto currency. If these coin failed, why bitcoin will remain on the no. 1 spot in the market cap.

Bitcoin is strong, best community and service in the industry of digital currency.
newbie
Activity: 25
Merit: 0
July 18, 2018, 06:55:44 AM
I don't think bitcoin failed as a currency. We cannot compare it to fiat currency because its virtual and its serves a different purpose. As long as virtual transaction is concerned, I think bitcoin is doing fine.
full member
Activity: 476
Merit: 111
July 18, 2018, 06:54:45 AM
BTC will not fail
newbie
Activity: 280
Merit: 0
July 18, 2018, 06:50:34 AM
It is a misunderstanding of many people. Bitcoin will not be destroyed. Cryptocurrency role is very much of bitcoin. Bitcoin will live forever. For many months the price is low, so many people think bitcoen is falling. But I do not think that, bitcoin will come back in the past. Prices have started to increase, the current price is $ 7400. The price will increase further, the use of bitcoin will increase day by day.
copper member
Activity: 409
Merit: 1
The Standard Protocol - Solving Inflation
July 17, 2018, 01:29:08 PM
Bitcoin is hard to use as a daily payment, but that does not mean bitcoin fails as a currency. Bitcoin is a cryptocurrency, so its use is not like fiat currency.
jr. member
Activity: 103
Merit: 2
Writer
July 17, 2018, 01:20:46 PM
Only casinos or big projects are paying in bitcoins.

Rubbish.

Many normal individuals, like myself, are paying for things in bitcoin.

Kapyong
jr. member
Activity: 30
Merit: 2
July 17, 2018, 10:25:24 AM
I understand you perfectly because bitcoin was created initially to be used as a digital currency but right now most people are holding as an asset. Well let us not give up hope on this great idea which was born by Satoshi. I think a time would come when most institutions and organizations would agree to accept bitcoin so that people can use bitcoin in their daily transactions.
newbie
Activity: 83
Merit: 0
July 17, 2018, 10:15:38 AM
Bitcoin is a market for investment and it will make a profit and give us a lot of money but to say it is money I think this is not true.
newbie
Activity: 4
Merit: 0
July 17, 2018, 10:12:33 AM
Bitcoin has not failed has a currency,you just can conclude  and say bitcoin has failed has a currency,it's pretty young it's not even up to ten years,has time goes on more and more people will begin to adopt it has a legal tender.
jr. member
Activity: 57
Merit: 1
July 17, 2018, 09:45:51 AM
It will soon be a currency. Let's just give it time. Bticoin is still young and we just have to wait for the future.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
July 17, 2018, 05:34:30 AM
Bitcoin is not failed as a currency. We just need to hope that bitcoin will rise again. It's just part of the life of the bitcoin. It goes down and goes up. It will be back and make the people use of the bitcoin as a currency. I'm just waiting for it and hoping that it will be soon.
I do not have a general prediction with you. My personal opinion is that Bitcoin has a huge potential for becoming a currency. I made this prediction based on the potential of Bitcoin and what it has done. Actually Bitcoin has been used in many transactions and it makes this process faster and safer.
member
Activity: 167
Merit: 10
July 17, 2018, 05:27:15 AM
Bitcoin is not failed as a currency. We just need to hope that bitcoin will rise again. It's just part of the life of the bitcoin. It goes down and goes up. It will be back and make the people use of the bitcoin as a currency. I'm just waiting for it and hoping that it will be soon.
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