Bitcoin is Becoming a Global Currency - page 71.

lol3c

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Quote from: Mastsetad on January 03, 2017, 12:52:01 PM

Quote from: CloudStrife on January 03, 2017, 12:43:27 PM

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.

Well, I think Bitcoin have been already a global currency for many years but nobody want to accept that fact. Most of the people scared to use Bitcoin because they think it is illegal and not worth to try this new innovation. Nowadays, our world is rapidly developing and I believe they will soon realize the Bitcoins' benefits and people will use it in any corner of the world. This future, I believe is not very far

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Quote from: nara1892 on January 03, 2017, 06:35:36 PM

Quote from: ged00u on December 30, 2016, 04:06:48 AM

Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.

Even though we are still not even 1% of the total world's population but I can see that bitcoin will be a global currency since its users are found in every region of the world. And that is making bitcoin more popular because we can simply use it no matter where you are in this world as long as you both are accepting and using it, it doesn't matter.

Just because you can use it in different countries does it not make it a global currency. I could make an altcoin and send two friends to two different counties to make some transactions. Would you call that an global currency? The problem is still acceptance. If it is not accepted everywhere then it is not a currency. I could walk all day today and would find no one that would take my Bitcoins as payment.

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Quote from: Mastsetad on January 03, 2017, 12:52:01 PM

Quote from: CloudStrife on January 03, 2017, 12:43:27 PM

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.

I agree with you. Bitcoin has the potential to become a global currency, but it's not yet, less than 2% world population use bitcoins yet, it's too little amount of persons using bitcoins. To be global currency this number should be higher.
When the economy starts working properly and bitcoin be used as normal currency and not only to make profit holding, trading, gambling, it will be a global currency and of course, when more persons around the world start using it.

nara1892

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Quote from: ged00u on December 30, 2016, 04:06:48 AM

Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

I agree thay bitcoin is already a global currency. why? because when many people around the globe use bitcoin, it means that it is global currency. besides, many countries now accept bitcoin as a currency. so no doubt that bitcoin is global currency.

Mastsetad

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Quote from: CloudStrife on January 03, 2017, 12:43:27 PM

It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

Bitcoin can be called a global currency in the sense that it is usable in any corner of the world, but in not the sense as you said of being used by all the world because we are still too far away from that, we are still not even 5% of world's population, so for becoming global in that sense, we still need years.

CloudStrife

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It think it's still too early to say that Bitcoin is a global currency. The reason is not the fact that some countries restrict the use of it, since there are actually a few countries taking such measures.
The main reason, in my opinion, is that there is still a small percentage of people using the currency compared to the number of people around the globe. So, it's not yet a global currency, but I think we can say Bitcoin is on the way for this.

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Quote from: Drago2016 on December 29, 2016, 03:32:38 PM

Quote from: carlerha on December 29, 2016, 03:02:15 PM

Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

actually majority of people do not know about bitcoin and most of people who even know about it but not going to use it, i thin they need more an more advertisement about bitcoin so that they start trusting bitcoin, hope after adopting bitcoin by the majority of people bitcoin will really become a global currency.

Yes, Bitcoin advertising needs. This will ensure good growth of its price. And then certainly he will be the main currency in every country in the world

For years now when we wanted to make people use something new in their lives and make them replace it with something that is used to we advertise for it, but bitcoin has never got the attention that it deserves therefor it was not implemented into the society, so if we want it to become a global we have to introduce it to people.

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Quote from: Senor.Bla on December 30, 2016, 12:34:28 PM

Quote from: transabox on December 30, 2016, 11:09:50 AM

Quote from: RajaJudi on December 30, 2016, 10:36:58 AM

Quote from: Senor.Bla on December 30, 2016, 10:10:49 AM

Quote from: Sled on December 30, 2016, 08:10:33 AM

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future.

Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

Why do not you want to see what Bitcoin has become an international currency. He took a major place in the lives of many people. And it can be used anywhere in the world

You can say that Bitcoin is an international currency, but just because it is not fixed to one nation. Internationally known and used it what many want, but we are not there jet. Not even close. I can not use it everywhere, because only very few stores accept it. This is a crucial point.

you're right, we do not know whether bitcoin will become an international currency or not, but I believe it will begin on the Internet. people will believe that bitcoin will be a good source of income, and fast. when bitcoin has been made in the form of real, then I'm sure just takes some time until bitcoin known and used as currency in the world.

Senor.Bla

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Quote from: transabox on December 30, 2016, 11:09:50 AM

Quote from: RajaJudi on December 30, 2016, 10:36:58 AM

Quote from: Senor.Bla on December 30, 2016, 10:10:49 AM

Quote from: Sled on December 30, 2016, 08:10:33 AM

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future.

Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

Why do not you want to see what Bitcoin has become an international currency. He took a major place in the lives of many people. And it can be used anywhere in the world

You can say that Bitcoin is an international currency, but just because it is not fixed to one nation. Internationally known and used it what many want, but we are not there jet. Not even close. I can not use it everywhere, because only very few stores accept it. This is a crucial point.

ardentvolcanoes

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it is not yet becoming a worldwide/global currency as there are so many countries who doesn't adopt bitcoin until now, we can already say that it is if there are many places or establishments in many countries where you can already use and spend your bitcoins . it will be a global currency in the future but as of now bitcoin still need to reach the full adoption around the world .

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Quote from: RajaJudi on December 30, 2016, 10:36:58 AM

Quote from: Senor.Bla on December 30, 2016, 10:10:49 AM

Quote from: Sled on December 30, 2016, 08:10:33 AM

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future.

Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

Why do not you want to see what Bitcoin has become an international currency. He took a major place in the lives of many people. And it can be used anywhere in the world

Senor.Bla

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Quote from: RajaJudi on December 30, 2016, 10:36:58 AM

Quote from: Senor.Bla on December 30, 2016, 10:10:49 AM

Quote from: Sled on December 30, 2016, 08:10:33 AM

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future.

Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

The idea is this. Let us assume a hundred fold increase in Bitcoin users. You can expect a huge price increase because of this. We then are still talking of a world population of under 10% using Bitcoin. But a price of well over $10 000. But why would people then prefer Bitcoin over an other altcoin that is as good or even better then Bitcoin with a much smaller price? I just think the would go for a cheaper altcoin.

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Less is more

Quote from: Senor.Bla on December 30, 2016, 10:10:49 AM

Quote from: Sled on December 30, 2016, 08:10:33 AM

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future.

Although the number of bitcoin user is small, there is a significant increasing in the number of people who start to use it. What problem we may face if Bitcoin prices are higher ? can you tell me details about what you are saying ? I do not think it is a problem at all. It is a great chance for Bitcoin become a real global currency

Senor.Bla

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Quote from: Sled on December 30, 2016, 08:10:33 AM

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

The awareness of Bitcoin is rising, but the total number of user is still relatively small. The price is also rising, but at a much bigger rate. If the price will keep excelling the rise of the user base, then we will have a problem in the future.

Sled

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Bitcoin- in bullish time

Bitcoin can really become a global currency and we already witnessing its progress to that goal. Bitcoin has a very high potential to reach that label called 'global currency' and it will become easier for bitcoin if other people will start using bitcoin from now on. Promoting bitcoin on different sites can lead us to that.

goldcoinminer

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Quote from: ged00u on December 30, 2016, 04:06:48 AM

Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

That's only few of the stores or establishment that adopted with bitcoin, but the biggest adopters so far are the gambling industry. Wherever you go in the crypto, online gambling exists and they do not only accept bitcoin but altcoins as well. That's the sign that they're expanding their business.

ged00u

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Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

In my mind, Bitcoin has been already a global currency for many years. People are now using Bitcoin everywhere online, especially in some online marketplace. Thebot.net, mpgh.net, etc, all these places very very love Bitcoin. Even Steam has accepted gamers to use Bitcoin in order to buy games. It is wonderful, right? I hope that in the future, we will witness the Bitcoin adoption in many countries. It will be the most important event to Bitcoin.

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Quote from: Drago2016 on December 29, 2016, 03:32:38 PM

Quote from: carlerha on December 29, 2016, 03:02:15 PM

Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

actually majority of people do not know about bitcoin and most of people who even know about it but not going to use it, i thin they need more an more advertisement about bitcoin so that they start trusting bitcoin, hope after adopting bitcoin by the majority of people bitcoin will really become a global currency.

Yes, Bitcoin advertising needs. This will ensure good growth of its price. And then certainly he will be the main currency in every country in the world

We are actually doing it already, we advertise bitcoin that's why we see where it is now. With our continuous support to patronize it, the price goes up as it becomes popular resulting to people adopting to it.

Drago2016

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Quote from: carlerha on December 29, 2016, 03:02:15 PM

Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

actually majority of people do not know about bitcoin and most of people who even know about it but not going to use it, i thin they need more an more advertisement about bitcoin so that they start trusting bitcoin, hope after adopting bitcoin by the majority of people bitcoin will really become a global currency.

Yes, Bitcoin advertising needs. This will ensure good growth of its price. And then certainly he will be the main currency in every country in the world

carlerha

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Quote from: Ewinsane on December 27, 2016, 03:58:15 PM

Bitcoin could become a global currency but it will take years, I really have no doubts about that its all a matter of time before it will happen.
The bitcoin is the future of all currency's because everything is gonna be digital plus it now already has a step ahead on other currency''s.

actually majority of people do not know about bitcoin and most of people who even know about it but not going to use it, i thin they need more an more advertisement about bitcoin so that they start trusting bitcoin, hope after adopting bitcoin by the majority of people bitcoin will really become a global currency.

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