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Topic: Bitcoin: Should you stay or should you go? - page 28. (Read 34212 times)

sr. member
Activity: 490
Merit: 255
Yes you can dream, but in my opinion you loved bitcoin more than your own currency? or you will substitute  your own currency to bitcoin?

Your word is so confusing but what I know is you never substitute your own currency because you still need your fiat to get something out there and

not in this bitcoin. May be some of your fiat can change to some bitcoin but not all

But he said that bitcoin will replace fiat some day and they need fiat some day. So that i could say he more likely to used bitcoin than his cultured fiat money.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
I will ask you should you stay or go once next global crisis comes around!
legendary
Activity: 1078
Merit: 1000
Yes you can dream, but in my opinion you loved bitcoin more than your own currency? or you will substitute  your own currency to bitcoin?

Your word is so confusing but what I know is you never substitute your own currency because you still need your fiat to get something out there and

not in this bitcoin. May be some of your fiat can change to some bitcoin but not all



I'm prefer it to stay because we can have more advantage as efficient transaction. Every process are instant result and it means everybody can enjoy it rather than using our own currency ( high fee and a quite low speed of transaction )

Yes its true high fee but low speed of transaction? I dont think so my country have that kind of problem? What I do know is whenever I start trading

using fiat I guess the fiat directly goes to our bank wallet and its speed of transaction sometime can be better than bitcoin too. But I dont know about

others country may be I can be wrong
legendary
Activity: 1148
Merit: 1006
Black Panther
I'm prefer it to stay because we can have more advantage as efficient transaction. Every process are instant result and it means everybody can enjoy it rather than using our own currency ( high fee and a quite low speed of transaction )
legendary
Activity: 3472
Merit: 10611
~~
Yes you can dream, but in my opinion you loved bitcoin more than your own currency? or you will substitute  your own currency to bitcoin?
bitcoin is not dependent on fiat and it is not a substitute for fiat either. at least not yet it isn't.

what bitcoin's price is, depends on many things but not fiat.
legendary
Activity: 1946
Merit: 1137
I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay.
but before that, there should be enough usage for bitcoin so that it becomes logical to convert your fiat into bitcoin. other than that, bitcoin is just an investment that you buy low to sell high.
sr. member
Activity: 490
Merit: 255
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it
They say that bitcoin is alternative payment because it can but items or things through shopping online, they can also pay their payments through bitcoin.

for some maybe for other it is a fully replacment of the fia scam

we can say that for big merchants it will be used as an alternative, but for private user(for some of them) bitcoin is a replacement of fiat in any way
But bitcoin are only depends on the price of fiat money, bitcoin will not exist if they not need a fiat money.

this is a bad logic and you know it, bitcoin not depend at all from fiat, it just use fiat as a measure of it's value, because it is convenient, nothing more

i've already explained how you can give a value to bitcoin without the need of fiat, just with initial estimation by using barter(in the case there will not be fiat one day, not gonna happen, but one can dream right?)
Yes you can dream, but in my opinion you loved bitcoin more than your own currency? or you will substitute  your own currency to bitcoin?
legendary
Activity: 1092
Merit: 1000
more companies start to recognize it and Venture Capitalists start to invest in bitcoin startups, it will become more mainstream. The sky is the limit.
legendary
Activity: 3248
Merit: 1070
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it
They say that bitcoin is alternative payment because it can but items or things through shopping online, they can also pay their payments through bitcoin.

for some maybe for other it is a fully replacment of the fia scam

we can say that for big merchants it will be used as an alternative, but for private user(for some of them) bitcoin is a replacement of fiat in any way
But bitcoin are only depends on the price of fiat money, bitcoin will not exist if they not need a fiat money.

this is a bad logic and you know it, bitcoin not depend at all from fiat, it just use fiat as a measure of it's value, because it is convenient, nothing more

i've already explained how you can give a value to bitcoin without the need of fiat, just with initial estimation by using barter(in the case there will not be fiat one day, not gonna happen, but one can dream right?)
sr. member
Activity: 266
Merit: 250
I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay.
newbie
Activity: 55
Merit: 0
I should stay . It so easy  to earn and convert 
sr. member
Activity: 490
Merit: 255
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it
They say that bitcoin is alternative payment because it can but items or things through shopping online, they can also pay their payments through bitcoin.

for some maybe for other it is a fully replacment of the fia scam

we can say that for big merchants it will be used as an alternative, but for private user(for some of them) bitcoin is a replacement of fiat in any way
But bitcoin are only depends on the price of fiat money, bitcoin will not exist if they not need a fiat money.
hero member
Activity: 728
Merit: 500
Bitcoin is here, and it works. It survived quite successfully series of malicious attacks and scams, and bursting of a speculation bubble
legendary
Activity: 3248
Merit: 1070
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it
They say that bitcoin is alternative payment because it can but items or things through shopping online, they can also pay their payments through bitcoin.

for some maybe for other it is a fully replacement of the fiat scam

we can say that for big merchants it will be used as an alternative, but for private user(for some of them) bitcoin is a replacement of fiat in any way
legendary
Activity: 1946
Merit: 1137
I'm of the view Bitcoin is still in its infancy and is comparable to the internet in 90s . I'm confident we're gonna see an explosion in interest AND price before 2016

hodl hodl hodl you can't go wrong, , if things around BTC goes wrong ,you will have a wallet containing a bit of history of the Internet Smiley

it is better not to invest, and have faith in anything blindly. i mean if you want to buy some bitcoin (just a small amount) and hold just to be involved. or you want to have some fun, it is ok.
but if you want to invest some money in bitcoin, if things go wrong (not saying it would but) you are going to lose serious money.
legendary
Activity: 868
Merit: 1006
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it


And how that isn't an alternative to the traditional fiat system?
I don't see national currencies being replaced by Bitcoin, but I see a very strong Bitcoin in the future and a way to do what you can do with fiat, but in a decentralized open source way, and that is what an alternative is. Both fiat and Bitcoin will exist.
sr. member
Activity: 490
Merit: 255
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it
They say that bitcoin is alternative payment because it can but items or things through shopping online, they can also pay their payments through bitcoin.
legendary
Activity: 1540
Merit: 1016
You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.

Bitcoin is not created to become alternative payment, where do you get this idea from?You are so wrong on this, It is created to be a decentralize currency that not depends on any authority from any jurisdiction and to be a currency where the supply cant be increased or decreased on how the authority wish it
full member
Activity: 182
Merit: 100
well said the internet were the same way as bitcoin is currently i cant live without internet currently... my family away i use it to talk and others... with bitcoin i can pay for some things currently it will explode on the next years ,lands on sale for bitcoin... i saw it already lol

internet has become the necessity for all of us and we wish that same would be with the bitcoins in the future that it becomes the necessity and wherever we go to make a payment they should say that we only accept bitcoins as a mode of payment. No Fiat, No Credit Card..Sorry  Grin

You think bitcoin would be the main currency? That was never their motive and neither should it be. It defeats the complete idea, it is an alternative mode of payment. It will always be an alternative.
legendary
Activity: 3472
Merit: 10611
I'm of the view Bitcoin is still in its infancy and is comparable to the internet in 90s . I'm confident we're gonna see an explosion in interest AND price before 2016

hodl hodl hodl you can't go wrong, , if things around BTC goes wrong ,you will have a wallet containing a bit of history of the Internet Smiley


If you hold make it sure that you hold it for a longer period of time. Then only you would make profit out of it so having patience and keeping in a cold storage for a longer period of time would be a better option and you simply cannot afford to leave bitcoins at a moment.
i agree. i think you have to make up your mind about what kind of investor you want to be. if you believe in bitcoin and consider its future bright, you should buy at a point that you feel comfortable and then hold it for long term.
but if you want to day-trade and just profit from the swings and more importantly you have confidence that you can do this, then you can invest short term and get the profits.
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