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Topic: Bitcoin failed as a currency - page 57. (Read 7191 times)

full member
Activity: 471
Merit: 100
June 12, 2018, 06:02:16 PM
Bitcoin is very successful as a digital currency i think.Why you think or you asking about Bitcoin failed as a currency.Some reasons BTC day by day dumping,Media is number one fuder i think because they published news against BTC.
sr. member
Activity: 854
Merit: 250
June 12, 2018, 05:43:56 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 ?

of course could be with the advancement of technology and the need for the development of crypto currency needed by the society in the future
newbie
Activity: 14
Merit: 0
June 12, 2018, 05:25:09 PM
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full member
Activity: 658
Merit: 108
June 12, 2018, 01:44:40 PM
Due to volatile of bitcoin its failed as a currency but success as an investment because even during past year Bitcoin has raised so much.

If bitcoin fails as a currency, it will also fail as an investment in long term. Now people invest in bitcoin due to its potential to become a global currency. If it is proved that bitcoin won't be a currency, there won't be a high demand.
jr. member
Activity: 168
Merit: 2
June 12, 2018, 01:41:47 PM
between the way that is. save it in the Wallet you like. but the most important thing is.
always provide additional security.
do not hesitate WD in the cafe.
and always clean the phone from viruses and applications that are not clear where it came from .
copper member
Activity: 308
Merit: 0
June 12, 2018, 01:40:48 PM
Due to volatile of bitcoin its failed as a currency but success as an investment because even during past year Bitcoin has raised so much.
newbie
Activity: 98
Merit: 0
June 12, 2018, 01:40:07 PM
As a currency bitcoin may not be the success. But as an assert bitcoin is digital gold. Bitcoin is not the only cryptocurrency, it introduces revolutionise technology to the world. If, want stable the bitcoin we have created new bitcoin to stop the inflation.
jr. member
Activity: 140
Merit: 1
June 12, 2018, 01:34:53 PM
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.
jr. member
Activity: 131
Merit: 1
June 12, 2018, 12:24:36 PM
not In my opinion Bitcoin will only be our virtual asset and bitcoin will not be a national currency but bitcoin is made just for a form of investment so bitcoin will never become the national currency
legendary
Activity: 1904
Merit: 1000
June 12, 2018, 12:22:58 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 ?

We've called bitcoin plenty of terms already but it is mostly used as an investment. Many people has already succeeded from their investment here in bitcoin and I think we should atleast appreciate bitcoin as an investment. Maybe it has failed as a currency but still it is making a way to prove people that it's worth to be called as a currency in the future.

Me and some of my friends prefer to call bitcoin as an asset since the chance for bitcoin to be currency seems won't be allowed in the near future. But, although bitcoin can be used as investment only, that is already enough for me.
full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
June 12, 2018, 12:18:08 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 ?

We've called bitcoin plenty of terms already but it is mostly used as an investment. Many people has already succeeded from their investment here in bitcoin and I think we should atleast appreciate bitcoin as an investment. Maybe it has failed as a currency but still it is making a way to prove people that it's worth to be called as a currency in the future.
jr. member
Activity: 90
Merit: 1
full member
Activity: 280
Merit: 100
June 12, 2018, 06:42:05 AM
Yes, a strange question because bitcoin is like the basis of crypto-currencies. He is the most popular among all though now he is clearly not in shape. But in my opinion he will soon return to his top.
newbie
Activity: 51
Merit: 0
June 12, 2018, 04:23:17 AM
In today's state, bitcoin cannot be used as a mass means of payment, and in the future such as I believe will not change if not be more hard fork.
legendary
Activity: 1565
Merit: 1027
June 12, 2018, 03:58:17 AM
BTC is far from being a currency; it has to be regulated and stabilized first.

However, regulation will demolish one of BTC's pillars: decentralization.

Which one do we choose; regulation and stability or decentralization?
member
Activity: 72
Merit: 10
June 11, 2018, 07:32:16 PM
Bitcoin never failed as a currency because it is supposed to be a digital money to be used for online market / transactions. Some people think that bitcoin is too bad to be a currency, because the media/internet is ruining the reputation of bitcoin. They say that this thing is just a scam and useless, which in reality, it isn't. That's why governments are still unsure whether to make bitcoin as their legal currency to begin with. Hey but who knows what the future holds. Bitcoin might be the flow of money in the global market, and prove people wrong of what they think bitcoin is. People just use bitcoin as an investment now.
full member
Activity: 294
Merit: 100
June 11, 2018, 06:49:00 PM
I think that bitcoin did not work and started a new history of the world economy! Development kriptovalyuttsimvoliziruet the desire of the people with freedom. If you say that bitcoin failed as a currency, then why is everyone talking about it?
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
June 11, 2018, 06:53:21 AM
Actually i'm just always heard about bitcoin that this will be going to failed but nothing happen, Until now the bitcoin was strong and running to high price. And now the bitcoin was step in this year of 2018 and always a number one in the market. So bitcoin was not a failed of cryptocurrency.
drm
legendary
Activity: 1176
Merit: 1005
June 11, 2018, 06:36:18 AM
Many people believe that in order for bitcoin to survive, there must be a massive exodus to another platform, which will be more reliable and faster. Developers have worked out a solution called hard fork, thanks to which the Bitcoin Cash crypto currency was created. However, everyone understood that she might have her own problems, so another backup plan for another hard fork called Bitcoin Gold was also created.

Bitcore has bigger blocks than both bcash and gold and was there before any other fork was. Wonder why you didn't mention bitcore?
And fyi bcash or bitcoin gold are never part of a back up plan.
member
Activity: 154
Merit: 10
June 11, 2018, 06:34:15 AM
Many people believe that in order for bitcoin to survive, there must be a massive exodus to another platform, which will be more reliable and faster. Developers have worked out a solution called hard fork, thanks to which the Bitcoin Cash crypto currency was created. However, everyone understood that she might have her own problems, so another backup plan for another hard fork called Bitcoin Gold was also created.
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