Topic: Bitcoin failed as a currency - page 48. (Read 7191 times)
You can not say this about the currency for which you have the most part of the capitalization of the crypto-currency market. The number of investors and its correct development will leave it in the first place. And that it takes time.
what do you said that about bitcoin? I think bitcoin is the strongest cryptocurrency of all
You're right . It seems that bitcoin can hardly become currency in a short time. There are very few countries that pay attention and focus on developing it. Now it's more like an investment than a currency like the benefits it's about towards.
BTC was never meant to be a currency in the real sense of the word because currencies are always regulated by some central institution.
BTC was created to be something else:
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
Satoshi Nkamoto in Bitcoin: A Peer-to-Peer Electronic Cash System
BTC was created to be something else:
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
Satoshi Nkamoto in Bitcoin: A Peer-to-Peer Electronic Cash System
I'd rather agree with bitcoin as an investment
if made as currency, will be many obstacles especially in bitcoin price research
if made as currency, will be many obstacles especially in bitcoin price research
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 ?
Do you guys think that this can change in the long term ?
For cryptocurrencies, it will be very long journey earlier than they grow to be the mainstream opportunity to present-day cash currency payments and banking-based price structures. whether a brand new digital forex is released to take that location, or whether few of the prevailing-day famous cryptocurrencies stabilize over the coming few years to grab the spot, stays to be seen.
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'm afraid it can't It's still best trading and most secure for trading. While you can use any other coins for currency purposes. Do you guys think that this can change in the long term ?
It will change. One day, when everyone is no longer crazy about it. When the whales have liquidated and Bitcoin is moved to millions more people. I mean, this month, I still bought my regular subscription for something I use online, which I could not do before because I have no way to get a credit card. And I use Bitcoin, so I do not mind every month to pay for a small service, with my Bitcoin. It is not failed as a currency for people like me.
Why are you always blaming bitcoin, all the cryptos are failed as a currency.Bitcoin "has pretty much failed thus far on ... the traditional aspects of money," Bank of England Governor Mark Carney said.Authorities have been weary of virtual currencies because of their volatile nature and illicit activities involving their use.
I don't believe in your assert that bitcoin has failed.
Bitcoin is just starting. Very soon both the e-coomerece industry and offline commerce industry will accept bitcoin as a medium of exchange.
Bitcoin is just starting. Very soon both the e-coomerece industry and offline commerce industry will accept bitcoin as a medium of exchange.
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 ?
Maybe right now bitcoin is being used as a form of investment and not as a currency which it should supposed to be, but lets not forget that bitcoin has still all the characteristics to become the currency of the. future so don't looose hope. One day people will realize that. Do you guys think that this can change in the long term ?
for now a lot of black propaganda just to damage the reputation of bitcoin but I still believe in the future of this matter, bitcoin will be the main currency in the future. This can be achieved when more stores from different sectors begin to receive BTC as payment.
Bitcoin not totally failed as currency i think they are trying and making there system but still struggling till now no country legal the bitcoin when anyone of country support it than it will must make new ways in the digital market and strong own position.
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 ?
Well, bitcoin has failed as a currency since its all about the investment and some profit making. And it is not the original purpose of bitcoin creation. Hence, many crypto enthusiasts prefer more to use bitcoin for investment. And instead of payment method they are more fun in investments. I believe that bitcoin can only perform as a currency if some holder and inventors will decide to use them as a form of payment. Do you guys think that this can change in the long term ?
Yes, bitcoin can not be used as a currency. There are two main reasons for this. First, bitcoin is unstable and there is a risk of its collapse. Secondly, there is no country now that will agree to legalize it.
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 ?
Do you guys think that this can change in the long term ?
I think bitcoin not failed as a currency because it is good and trusted. Actually bitcoin now is so popular and famous because you can see it all over the world you can see it in the news, advertisement or even in the movie because there is so many people that is rich now because of bitcoin.
Bitcoin has really failed as a currency since its all about investment and profit making which was not the original purpose of its creation. Many crypto enthusiasts prefer to use bitcoin for investment instead of payment method which makes it to only be more useful on the internet alone. I believe bitcoin can only perform as a currency if investors decides to use it as a form of payment both online and offline.
Bitcoin can in any case be utilized as an advanced cash which can be utilized to convey items and administrations in return of bitcoins, for exchanging cash to outside nation it requires more exchange charges though on the off chance that you exchange support through bitcoins there is no issue as there is just low exchange charges for bitcoins to exchange everywhere throughout the world. Bitcoins can be considered as an advanced money and additionally speculation resource. Bitcoins will be in the standard of every single money related market inside the following ten years time.
yes right now bitcoin is failed as the currecneis because we don't use bitcoin like the other currencie like money or paypal, but it will be the good investment media and maybe someday if the bitcoin success the image bitcoin as the currencies will realized
bitcoin doesn't fail 
don't be negative
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