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Topic: bitcoin is the currency of the future? hahaha - page 2. (Read 455 times)

newbie
Activity: 172
Merit: 0
I think it's true that bitcoin will be the currency in the future as technological advances will probably facilitate delivery to all access through bitcoin and will make bitcoin into future currency later on. Cheesy
newbie
Activity: 13
Merit: 0
I think if btc does not make any changes then its future will not change. It is very difficult to manage an anonymous money market.
member
Activity: 280
Merit: 15
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Bitcoin is definitely a currency of the future. Fees are quite high but it is a matter of time before they will decrease. They have increased due to large amount of transactions in the mempool and growing Bitcoin value (note that transaction fees in BTC haven't changed). Don't you think that Bitcoin is promising? Bitcoin was the first cryptocurrency so it should be obvious that it won't be perfect.
sr. member
Activity: 307
Merit: 250
yes it is, because many companies started accepting BTC and one example is KFC Canada.
Wow, you can buy processed chicken for BTC, how does that change anything or prove it's the currency of the future? How many people do you think will pay a fee of $10 to buy  food worth $5?

Bitcoin is not suitable for use as a micro-payment due to the problem of expensive transaction fees and the confirmation time is quite long. If this mass can be resolved, then bitcoin can be a very effective payment alternative.

That's true. All we're doing here is speculating on whether it can be upgraded and fully accepted around the world. It's not that hard to make the fees lower and transactions faster. Unfortunately it requires miners to "vote" and this is a huge problem. I'm investing with a hope that we can one day reach a consensus and upgrade the network. If not my money will go down the drain.

Well, if you buy KFC for large parties of 2500 people and pay $5000, a $10 fee wouldn't really matter, would it?
Though, I must agree with you. In its current condition, Bitcoin is very incapable of doing what it's made for. It's not anonymous, not a good payment system, not very decentralized, as most of the Bitcoins are "Made in China" nowadays.
Even if we "upgrade" Bitcoin, which isn't a very easy thing to do, I doubt it would make it as good as its competitors.

I feel like we should just all switch to an other good crypto, which is actually capable of taking over the world.
newbie
Activity: 31
Merit: 0
Bitcoin is even the current currency ( this is the future ) .
Sad to say it but bitcoin is nowadays for rich persons coz its transaction fees are really upper than the normal values, it's mostly for store not for daily use
sr. member
Activity: 420
Merit: 266
But why not! I seriously think that Bitcoin as well as other alternative crypto currencies have a great future and good potential. Bitcoin is constantly increasing and becoming more popular, the user community is increasing every day.
sr. member
Activity: 602
Merit: 259
Your anger is completely understandable because there is no other way to understand this problem but show our emotions to dev. And after doing that we could just hope that their bullshit forks will solve the problem soon. Yes, the transactions has become difficult to handle lately and most of the people are not making any progress in it and thats why the market is not moving upwards. So that another disadvantage from the traders perspective and we hope that it will get resolved sooner than we could think.

There is no real use for the bitcoin currency in the real world because there are better options available than this and thus it makes the bitcoin look like very bad. You are true on your fronts and there is nothing to hide. Plus one.
newbie
Activity: 189
Merit: 0
bitcoin is the currency of future after some years its price is increases
yup you are right the price is defiantly increasing
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
yes it is, because many companies started accepting BTC and one example is KFC Canada.
Wow, you can buy processed chicken for BTC, how does that change anything or prove it's the currency of the future? How many people do you think will pay a fee of $10 to buy  food worth $5?

Bitcoin is not suitable for use as a micro-payment due to the problem of expensive transaction fees and the confirmation time is quite long. If this mass can be resolved, then bitcoin can be a very effective payment alternative.

That's true. All we're doing here is speculating on whether it can be upgraded and fully accepted around the world. It's not that hard to make the fees lower and transactions faster. Unfortunately it requires miners to "vote" and this is a huge problem. I'm investing with a hope that we can one day reach a consensus and upgrade the network. If not my money will go down the drain.
full member
Activity: 168
Merit: 100
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Bitcoin still in young age and people still developing it. I expect these problems to be solved in future or Bitcoin will be dominated by a stronger altcoin.
full member
Activity: 266
Merit: 122
There are really some issues in bitcoin that needs to be polish before it can be consider as the main currency in the future and what we are experiencing right now like those fluctuations in price and high transaction fees are some of those thing that developers need to look into. But the good thing there is really a big possibilities that bitcoin can sustain the market and prove to be a useful currency of the world
copper member
Activity: 658
Merit: 284
The bitcoin had a great and successful year in 2017 as the bitcoin price went from $952 to reaching up to $20,000 in the mid-December 2017. The bitcoin still have a great potential now and the future, but the problem with bitcoin is people are complaining about paying high transaction fees and experiencing very slow transactions due to the bitcoin network congestion. And for the bitcoin to thrive, really thrive we must figure the way out to solve these issues.
full member
Activity: 560
Merit: 102
Bitcoin is not suitable for use as a micro-payment due to the problem of expensive transaction fees and the confirmation time is quite long. If this mass can be resolved, then bitcoin can be a very effective payment alternative.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.
The state of bitcoin is not on a really high note from when i started and it is not at all possible to send micro transactions for some time now and i do not expect to do so in the near future too until lightning network is implemented,if not the exposure it had in the past year might burn out everything when the majority finds the new technology not conducive for smaller transactions but only good at sending large transactions around the globe.
sr. member
Activity: 396
Merit: 250
Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10. Grin
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTC has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.

I'm not sure but maybe it's too early to say this. If btc does not change in the future, becoming a global currency is quite difficult. The transaction is going on anonymously now, the management is quite difficult, then the money market will be very complex and the government will not accept it.
newbie
Activity: 126
Merit: 0
yes can change the world in the future
full member
Activity: 161
Merit: 100
Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10. Grin
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTС has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.


You seem to "know" quite a lot for a newbie.
sr. member
Activity: 588
Merit: 250
I am worried about the bubble issue, and I want to secure my assets. I invest half of it in real business. to keep if one day Bitcoin is completely lost.
full member
Activity: 966
Merit: 104
While I do not see the necessary capacity for bitcoin, that it becomes the currency of the future. Now he has very big problems with transactions and nobody corrects them, bitcoin developers are silent. Such a currency of the future can not be. Now there are many digital coins with much better functionality, which may well become the currency of the future.
full member
Activity: 308
Merit: 100
OP i think some bad or negative of bitcoin or crypto in your place are base on modern ways now so you need to understand that and if you say no future at bitcoin it's already happen now because crypto run by so many conveniece that can brings.I think your angry because the of crypto in you is no good but if you have knowledge in all about crypto i'm sure your not going to say not good here in your post,Moreover your post is not constructive and not good at all so better for you to do are read different topics here in forum.
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