Bitcoin is Becoming a Global Currency - page 67.

pinkpanther03

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Quote from: benjamindees on March 28, 2014, 03:31:21 AM

For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.

True, there are some other country, really accepted bitcoin to their place. It sounds good to hear, isn't? so its really good for now to buy and keep our bitcoin for the future. because it will increase sooner or later at the right time.

Zisove28

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Quote from: markyminer on January 24, 2017, 10:24:25 AM

Quote from: bitllionaire on January 23, 2017, 08:39:04 AM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

actually still majority of people are not aware of bitcoin and specially in backward countries where most of the people do not have any access to internet or they do not afford the expenses of internet, so as time pass the users of bitcoin are increasing and hope that very soon bitcoin will be use by the majority of people. and then we will enjoy the facilities of bitcoin as currencies in most of the areas.

although bitcoin is not used my majority of people but still it is a global currency, because the users of bitcoin are present in all over the world.

That's for sure. Bitcoin has long been a world currency. It is used worldwide. Though few people, but still used. In the future it will continue to grow in popularity and more and more people will be able to join the Bitcoin community

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Quote from: markyminer on January 24, 2017, 10:24:25 AM

Quote from: bitllionaire on January 23, 2017, 08:39:04 AM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

actually still majority of people are not aware of bitcoin and specially in backward countries where most of the people do not have any access to internet or they do not afford the expenses of internet, so as time pass the users of bitcoin are increasing and hope that very soon bitcoin will be use by the majority of people. and then we will enjoy the facilities of bitcoin as currencies in most of the areas.

although bitcoin is not used my majority of people but still it is a global currency, because the users of bitcoin are present in all over the world.

I think we can say that bitcoin us used already by more people niw tban before but for me to consider something as a obal currency, it sbould be widely used as it is wihout being converted to fiat. People all over the world are using bitcoin yes, but mostly to transfer money or for gambling, but if you're going to use it for actual purchase, it would still be converted to fiat as i don't think there are too many establishments around the world that accepts bitcoin as itself.

markyminer

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Quote from: bitllionaire on January 23, 2017, 08:39:04 AM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

actually still majority of people are not aware of bitcoin and specially in backward countries where most of the people do not have any access to internet or they do not afford the expenses of internet, so as time pass the users of bitcoin are increasing and hope that very soon bitcoin will be use by the majority of people. and then we will enjoy the facilities of bitcoin as currencies in most of the areas.

although bitcoin is not used my majority of people but still it is a global currency, because the users of bitcoin are present in all over the world. bitcoin service is now available in all over the world with same value. people are now taking interest in bitcoin and the reason is that bitcoin is the number one digital currency that is providing you the facilities of online business trading and shopping as well as you can use it in local shops also where the shopkeepers allow you for shopping using bitcoin.

Ewinsane

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Quote from: wahb on January 22, 2017, 06:32:43 PM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

i think bitcoin is already a global currency because you can find the users of bitcoins everywhere in the world, having same value everywhere, and hope that now people will become able to use bitcoin for several services like to pay utility bills and so many other purposes.

yeah bitcoin is already a global currency and you are that the users of bitcoin in the whole world and bitcoin useful internationally nowadays and i hope bitcoin will be more using in the future than Dollar.

disconnectme

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Quote from: babo on January 23, 2017, 08:52:34 AM

only thieves and bankers say "bitcoin is bad"
in italy this shit man

http://www.corrierecomunicazioni.it/digital/45423_bitcoin-patuelli-troppa-anarchia-non-investirei-un-centesimo.htm

say bitcoin is a scam!!! a banker .. one banker man say bitcoin is scam... god

Can you see the irony of life, this people have been stealing people's income for a long time, because there is something new in town that threatens their businesses, they said is bad. Bitcoin has more than 10 million users and still counting, time will tell who is right

Bitcotalk

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Quote from: wahb on January 22, 2017, 06:32:43 PM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

i think bitcoin is already a global currency because you can find the users of bitcoins everywhere in the world, having same value everywhere, and hope that now people will become able to use bitcoin for several services like to pay utility bills and so many other purposes.

But currently dollar is used much for international business and bitcoin is not yet started by the governments so we cannot say that it is now a global currency but we can say that it is an international currency because it is available and in used for every country.

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Quote from: babo on January 23, 2017, 08:52:34 AM

only thieves and bankers say "bitcoin is bad"
in italy this shit man

http://www.corrierecomunicazioni.it/digital/45423_bitcoin-patuelli-troppa-anarchia-non-investirei-un-centesimo.htm

say bitcoin is a scam!!! a banker .. one banker man say bitcoin is scam... god

Many people are saying that bitcoin is scam not only one person even my friends when i was introduce bitcoin they said that bitcoin is scam but the fact the y really do not know about it..
Because of anonymity and bitcoin are live in online they are afraid of scam because news are always giving some online warnings about scammers that is why people are always thinking scam first even bitcoin is not really a scam if they know bitcoin well

babo

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only thieves and bankers say "bitcoin is bad"
in italy this shit man

http://www.corrierecomunicazioni.it/digital/45423_bitcoin-patuelli-troppa-anarchia-non-investirei-un-centesimo.htm

say bitcoin is a scam!!! a banker .. one banker man say bitcoin is scam... god

bitllionaire

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Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

actually still majority of people are not aware of bitcoin and specially in backward countries where most of the people do not have any access to internet or they do not afford the expenses of internet, so as time pass the users of bitcoin are increasing and hope that very soon bitcoin will be use by the majority of people. and then we will enjoy the facilities of bitcoin as currencies in most of the areas.

babo

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The hacker spirit breaks any spell

the benefits that we can get are plenty and for all
some do not will go well.. i mean BANKS

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Quote from: mornabo on January 22, 2017, 08:28:11 PM

Quote from: coinfast on January 22, 2017, 02:42:32 PM

I hope that one day he will become a global currency Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time

bitcoin have some sort of appeal to many people like an anonymous, decentralized, high prices, and more. it makes bitcoin increasingly popular in many places. rest assured that bitcoin will become increasingly well-known and widely used

Widely used does not mean used by majority of people in this world. I do not see that happening in the future, it's very limited in terms of benefits we can get, the investing opportunity will probably not majorities interest, they just want to use a currency that they can transaction with convenience and bitcoin is not what they are looking as it is good for online transaction only.

mornabo

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Quote from: coinfast on January 22, 2017, 02:42:32 PM

I hope that one day he will become a global currency Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time

bitcoin have some sort of appeal to many people like an anonymous, decentralized, high prices, and more. it makes bitcoin increasingly popular in many places. rest assured that bitcoin will become increasingly well-known and widely used

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Quote from: wahb on January 22, 2017, 06:32:43 PM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

i think bitcoin is already a global currency because you can find the users of bitcoins everywhere in the world, having same value everywhere, and hope that now people will become able to use bitcoin for several services like to pay utility bills and so many other purposes.

there maybe some criteria for a currency to be called as global currency ,
not just it is used almost in every country around the world ,
but also how much percentage people use the currency , how much they spend etc ,
for me personally bitcoin not yet become a global currency , a lot of people don't know bitcoin yet.

BitFinnese

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Quote from: wahb on January 22, 2017, 06:32:43 PM

Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

i think bitcoin is already a global currency because you can find the users of bitcoins everywhere in the world, having same value everywhere, and hope that now people will become able to use bitcoin for several services like to pay utility bills and so many other purposes.

Indeed it was even at the start. We all know that the purpose of bitcoin is to be able to have a transaction thru peer to peer meaning a direct transaction between individual without any middleman. This automatically means transact anyone all over the world and that makes Bitcoin to be a global currency.

wahb

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Quote from: Flamma on January 22, 2017, 11:03:30 AM

Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

i think bitcoin is already a global currency because you can find the users of bitcoins everywhere in the world, having same value everywhere, and hope that now people will become able to use bitcoin for several services like to pay utility bills and so many other purposes.

coinfast

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I hope that one day he will become a global currency Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time

oxygen88

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Bitcoin price is too high now, maybe more people are using it and higher demand

Flamma

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Bitcoin is a global currency but still categorized as Digital Currency. Bitcoin is already popular around the world. It is currently being used for online shopping and other transactions with lesser fees. I believe that as time goes by, Bitcoin will become a major part for payments and its value will still go up.

Senor.Bla

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Quote from: deisik on January 22, 2017, 09:45:50 AM

Quote from: Senor.Bla on January 21, 2017, 02:07:43 PM

Quote from: shield132 on January 21, 2017, 12:29:49 PM

I can't understand why people here thinks that bitcoin isn't global currency but it will become in future.
Wallet is available for everyone, you don'y need bank account and no one controls your transactions, it's first cryptocurrency and most known and trustful, ICO's are mostly in bitcoin and mining datacenters are worldwidely, so how can't you to call it global currency?

The answer to your question is simple. Because hardly anyone is accepting Bitcoin. How can it be a currency if i am not able to pay my rent? How can it be a currency if i can not buy my bread with it?

I don't particularly disagree with your point

But, on the other hand, if you lived outside the US, could you pay with the US dollars your utility bills elsewhere directly (barring some small countries which use the dollar as their official currency)? I guess you can't, but could you thus consider dollars as not a global currency? If you can't either, was is global currency then? There are specific cases where you can pay with dollars, but basically the same can be said about Bitcoin as well. For example, how many online casinos use the US dollar (or any other fiat, for that matter) as a money token for gambling? I don't think that a lot, but I think that the volume gambled in Bitcoin online casinos by far exceeds the volume gambled in fiat ones (compared on the dollar basis, of course)

I do not think there is a global currency. Maybe this is a thing of the future. USD and EUR are just the next best thing, Bitcoin is not even close, although the idea of Bitcoin has potential.
Whether Bitcoin online casinos gamble a greater volume then fiat casinos (on and off and different currencies) i can not say, because i do not know the numbers. But the number of people and the high amounts that are gambled in fiat seem hard to beat in Bitcoin, where i expect quite a lot of fake volume.

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