Topic: Bitcoin failed as a currency - page 6. (Read 7191 times)
What is the difference between Bitcoin and Monetary? You know, the currency is only circulated when the exchange of cryptocurrency takes place.
I think in the long term Bitcoin will gradually be accepted as a means of delivering the team as the purpose of its formation. 
Currently I find Bitcoin too successful to be a speculative asset and many people know it. But there will be a long time to be able to apply bitcoin as a means of payment.
I believe that in the future if the Bitcoin price becomes more stable, that it could potentially be used as a currency. For right now though it still remains too volatile.
Being a volatile on its market price does not have any relevance to bitcoin as a failed currency. When you say currency actually it is a medium for an exchange to a transaction being made and as we all know that bitcoin had it like when you invest in an ICO projects where BTC could be used as a payment.
People will always make money on what they can earn, so it's no surprise that bitcoin from a promising currency has grown into a promising investment. However, my opinion is that bitcoin is good in the long run, and not as a means for speculation.
In the event that for the long haul feasible for bitcoin to be used as a methods for installment however,the part of government is expected to give a feeling that all is well with the world to somebody on the off chance that you need to put resources into bitcoin.
Bitcoin can't change in the long term. Bitcoin will be successful in the coming years because many companies are supporting bitcoin. Bitcoin will be more successful in the future even though there are situations that the price fall. I hope that many countries accept bitcoin so that the people in that country can invest money.
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 am sure that investing in bitcoin in the long run can potentially make a big income, but we have to be good at using funds, before we start investing in bitcoin, make sure your funds are free, hoping all countries want to pass bitcoin as their currency Do you guys think that this can change in the long term ?
The question is: Where will you have most of your value, in bank deposit money, or in bitcoin cash.
Bitcoin should be the world currency. But with the price not stable, bitcoin cannot be used for currency This takes a very long time. For bitcoin to become the world currency
It is a failed currency already.
Thanks to failed developers. The smart ones left long ago to support Bitcoin Cash
Thanks to failed developers. The smart ones left long ago to support Bitcoin Cash
Bitcoin is a good coin and it is a useful currency. I believe that bitcoin will become more popular and it means that bitcoin is not a failure currency.
I think so too. I think we just need to be patient in allowing society to learn more about the concept of a digital currency before they embrace it --just like the internet. The benefits of a digital currency are far too great to be ignored, correct?
Bitcoin is a good coin and it is a useful currency. I believe that bitcoin will become more popular and it means that bitcoin is not a failure currency.
Bitcoin was developed as a technology that would allow all payments to be made anonymously and transparently. Technology that should not have hosts, be decentralized. But as we know, the anonymity of bitcoin under a big question. Decentralization is also in question. As a result, I think bitcoin has not achieved its goals.
But bitcoin brought the technology of blockchain into the world and now we have altcoins which in some aspects more advanced than bitcoin and this can be the future
But bitcoin brought the technology of blockchain into the world and now we have altcoins which in some aspects more advanced than bitcoin and this can be the future
I don't think that Bitcoin is a failure. Bitcoin helped a lot of people. And by that, it is a living proof that Bitcoin is not a failure but a success. The first ever cryptocurrency exist. It is the good example for the main coins why they exist in the market. I strongly believe that Bitcoin is a success
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 ?
This can change, but only when the price of bitcoin stabilizes and fluctuates in the range of not more than 10%.Do you guys think that this can change in the long term ?
In practice, such a stable price is unfavorable to traders who make their money by buying in the dip and selling in the highs. So I think we will see great volatility of crypto for yet another several years.
Bitcoin is not stable, but but for now, there's no chance that bitcoin will be used as currency. If bitcoin become stable maybe it might be possible that bitcoin will become currency.
I think we can't be sure with that statement in 2018. BTC has a long way to success though but I think it will get more popularity soon so people can use it in different ways
I can not agree with that argument because BTC is so young as a currency and there is no stable platform for it to be used as a method of payment. I hope that it will be changed son and BTC will be a global currency.
The unpredictability in Bitcoin is somewhat worried for something expected to be a store of significant worth. In any case, the basic certainty is that it is being bought for theory, and not as a store of significant worth or methods for trade. The quantity of examiners predominates the quantity of individuals who buy Bitcoin for some down to earth utilize. Theory fits fast purchasing and offering moves, while individuals who really utilize a money hold tight to it. I trust that when Bitcoin use as a down to earth money surpasses that of examiners, the unpredictability will diminish.
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