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Topic: Bitcoin is Becoming a Global Currency - page 99. (Read 226367 times)

hero member
Activity: 658
Merit: 500
August 04, 2016, 04:14:02 AM
The price of bitcoin is once again going to decrease in price, and with that situation it is impossible for bitcoin that it will ever become a global currency, for becoming a global currency it will have to attain a stronger stability.
Lol I think this is a cycle that is common in bitcoin. you can not say or correlate the situation is now happening with a few years to come. I think the price drops are common in bitcoin and maybe some more time bitcoin prices will rise again. and then drop back? I think it is a natural thing  ?
sr. member
Activity: 441
Merit: 250
August 04, 2016, 03:44:58 AM
The price of bitcoin is once again going to decrease in price, and with that situation it is impossible for bitcoin that it will ever become a global currency, for becoming a global currency it will have to attain a stronger stability.

As time goes on, the bitcoin infrastructure is built, the bitcoin price will be high and it will be more stable.
hero member
Activity: 896
Merit: 553
August 02, 2016, 08:07:03 PM
In a few years bitcoin will be the most popular currency in the world

Want to bet no?
full member
Activity: 138
Merit: 100
August 02, 2016, 09:03:51 AM
The price of bitcoin is once again going to decrease in price, and with that situation it is impossible for bitcoin that it will ever become a global currency, for becoming a global currency it will have to attain a stronger stability.
hero member
Activity: 3094
Merit: 929
August 02, 2016, 09:01:52 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.

Bitcoin is not becoming a global currency.Bitcoin IS a global currency.

It`s available worldwide and everyone is free to buy some.

Off course,there are  some countries that banned btc,but this isn`t a problem.
hero member
Activity: 896
Merit: 553
August 02, 2016, 09:00:37 AM
Bitcoin needs to stabilize before it becomes a global currency. People will see volatility and stay away.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
August 02, 2016, 08:56:55 AM
I don't think so, because bitcoins is still very young currency and many people can't understand that goverments of many countries will not allow to bitcoin become a legal currency till it's not profitable for them.
Well, bitcoin is not for everyone because not everybody knows how to use computer even with simple functions, this is only for people who usually transact online and bitcoin will give them benefits that they have not experience using their current payment system. It is becoming a global currency in the sense that almost all of the major countries are already using bitcoin and of course when major countries adopt then less developed countries will also follow.

In the future, using bitcoin is as easy as using the fiat online banking. You need only smart phone to do that.
It depends on how the people will adopt with it, if you are just basing your prediction with the people who have and knows how to use computers or smart phone then maybe you forget the half of the population of the world who are still under poverty.
hero member
Activity: 823
Merit: 500
SquidCoin.cash
August 02, 2016, 06:29:43 AM
In a few years bitcoin will be the most popular currency in the world
sr. member
Activity: 441
Merit: 250
August 02, 2016, 04:16:46 AM
I don't think so, because bitcoins is still very young currency and many people can't understand that goverments of many countries will not allow to bitcoin become a legal currency till it's not profitable for them.
Well, bitcoin is not for everyone because not everybody knows how to use computer even with simple functions, this is only for people who usually transact online and bitcoin will give them benefits that they have not experience using their current payment system. It is becoming a global currency in the sense that almost all of the major countries are already using bitcoin and of course when major countries adopt then less developed countries will also follow.

In the future, using bitcoin is as easy as using the fiat online banking. You need only smart phone to do that.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
August 01, 2016, 08:20:54 AM
I don't think so, because bitcoins is still very young currency and many people can't understand that goverments of many countries will not allow to bitcoin become a legal currency till it's not profitable for them.
Well, bitcoin is not for everyone because not everybody knows how to use computer even with simple functions, this is only for people who usually transact online and bitcoin will give them benefits that they have not experience using their current payment system. It is becoming a global currency in the sense that almost all of the major countries are already using bitcoin and of course when major countries adopt then less developed countries will also follow.
sr. member
Activity: 588
Merit: 250
August 01, 2016, 08:17:40 AM
I don't think so, because bitcoins is still very young currency and many people can't understand that goverments of many countries will not allow to bitcoin become a legal currency till it's not profitable for them.
sr. member
Activity: 441
Merit: 250
August 01, 2016, 07:01:24 AM
i think bitcoin will be powerful currency in the world, but its impossible that bitcoin is becoming a global currency and it is impossible that china ,US,Malaysia etc adopt bitcoin instead their own currency , bitcoin is just crypto currency which is recently just use for online purchasing .
but i think china personally support bitcoin too much, and adopting bitcoin or becoming a global currency does not mean that the use of fiat currency will come to zero. from becoming global currency mean that people will mostly use bitcoin instead of fiat curry because it will more convenient for them. i think in present time there will be a few countries where people may not using bitcoin. and hope that the ratio is increasing day by day.

Criminals will like the fiat more than the bitcoin. Fiat cash is anonymous and untraceable. The bitcoin is traceable.
sr. member
Activity: 252
Merit: 250
i think bitcoin will be powerful currency in the world, but its impossible that bitcoin is becoming a global currency and it is impossible that china ,US,Malaysia etc adopt bitcoin instead their own currency , bitcoin is just crypto currency which is recently just use for online purchasing .
but i think china personally support bitcoin too much, and adopting bitcoin or becoming a global currency does not mean that the use of fiat currency will come to zero. from becoming global currency mean that people will mostly use bitcoin instead of fiat curry because it will more convenient for them. i think in present time there will be a few countries where people may not using bitcoin. and hope that the ratio is increasing day by day.
full member
Activity: 196
Merit: 100
I think that bitcoin cryptocurrency will become global currency after about 5 to 10 years bevause only 1% online payment are doing with bitcoin cryptocurrency so it is not monent for that now maybe even more than 10 years.
hero member
Activity: 994
Merit: 502
bitcoin if the price reaches $ 1000, maybe a lot of the media will begin to re-find information and disseminate information about bitcoin. if it teresbar to the whole world, and received a positive response from the public, of course it will have a positive impact on bitcoin, and bitcoin can only be received in every country in the form of legal, and it makes it a global currency by itself

That is right. But the bitcoin price is not ready to be $1000 yet. The adoption level is too low at the moment.

The 1000$ price youve mentioned are already happened back on year 2013 and guess what? It didnt reach to media or even to other online people just like me, bitcoins price would not provably tell its faith but rather than the volume of user will surely make it more known and price will surely follow to get another attraction to it.

And since at this time global people doing trades,transaction etc. I can say its already a global currency since we can used it already to buy goode online and use by peer to peer people.
Very well said mate, I believe it is a global currency although the number of users is not that really big compared to the total number of population in the world. Bitcoin path is going great and the future is bright, the number of new players are increasing and in due time we will be a popular community with BITCOIN.
Bitcoin still has not reached mass adoption, there are signs that the currency's use is making slow but steady progress. Further, average daily bitcoin transactions increased 50%. So in future it may become the digital global currency.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
bitcoin if the price reaches $ 1000, maybe a lot of the media will begin to re-find information and disseminate information about bitcoin. if it teresbar to the whole world, and received a positive response from the public, of course it will have a positive impact on bitcoin, and bitcoin can only be received in every country in the form of legal, and it makes it a global currency by itself

That is right. But the bitcoin price is not ready to be $1000 yet. The adoption level is too low at the moment.

The 1000$ price youve mentioned are already happened back on year 2013 and guess what? It didnt reach to media or even to other online people just like me, bitcoins price would not provably tell its faith but rather than the volume of user will surely make it more known and price will surely follow to get another attraction to it.

And since at this time global people doing trades,transaction etc. I can say its already a global currency since we can used it already to buy goode online and use by peer to peer people.
Very well said mate, I believe it is a global currency although the number of users is not that really big compared to the total number of population in the world. Bitcoin path is going great and the future is bright, the number of new players are increasing and in due time we will be a popular community with BITCOIN.
legendary
Activity: 2758
Merit: 1228
bitcoin if the price reaches $ 1000, maybe a lot of the media will begin to re-find information and disseminate information about bitcoin. if it teresbar to the whole world, and received a positive response from the public, of course it will have a positive impact on bitcoin, and bitcoin can only be received in every country in the form of legal, and it makes it a global currency by itself

That is right. But the bitcoin price is not ready to be $1000 yet. The adoption level is too low at the moment.

The 1000$ price youve mentioned are already happened back on year 2013 and guess what? It didnt reach to media or even to other online people just like me, bitcoins price would not provably tell its faith but rather than the volume of user will surely make it more known and price will surely follow to get another attraction to it.

And since at this time global people doing trades,transaction etc. I can say its already a global currency since we can used it already to buy goode online and use by peer to peer people.
sr. member
Activity: 441
Merit: 250
bitcoin if the price reaches $ 1000, maybe a lot of the media will begin to re-find information and disseminate information about bitcoin. if it teresbar to the whole world, and received a positive response from the public, of course it will have a positive impact on bitcoin, and bitcoin can only be received in every country in the form of legal, and it makes it a global currency by itself

That is right. But the bitcoin price is not ready to be $1000 yet. The adoption level is too low at the moment.
hero member
Activity: 2072
Merit: 503
bitcoin if the price reaches $ 1000, maybe a lot of the media will begin to re-find information and disseminate information about bitcoin. if it teresbar to the whole world, and received a positive response from the public, of course it will have a positive impact on bitcoin, and bitcoin can only be received in every country in the form of legal, and it makes it a global currency by itself
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Bitcoin is the most strongest currency around the world, chart showing this how healthy it moving to the moon and how people love it than any other currencies, soon it will be the global currency when other people will recognize this and start using this into their daily life like other normal currency.

It's not the strongest, that is offcourse the dollar, but it has grown to a top 10 currency. Of this I am positive.
With more time we can even aim for a ranking in the top 5

I agree that bitcoin is not the strongest currency around the world.  The proof  of it is the lack of  local store transacting with bitcoin as their payment processor.  I think It will take another decade for a  digital currency to be rank the 2nd strongest curreny in the world.  Why? It's hard to beat fiat money especially dollars.
We cannot expect that bitcoin is the strongest because we are still in the early phase, so the main concern now is to make bitcoin stable so that major business will adopt and more users will be adopting and we will increase and will be huge in the future.
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