Bitcoin to be international currency - page 101.

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Quote from: ASHLIUSZ on June 28, 2016, 02:07:22 PM

Quote from: useless4 on June 28, 2016, 10:54:03 AM

Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

thats true, it will always be hard for bitcoin to become something really big because then people will have to use bitcoins really regularly what is hard to achieve

i think we need to have way more shops with bitcoins and we need to make people be able to spend their bitcoins in order to pay their housing fees or something like that

There is no chance that Bitcoin would become the international currency even though it comes in form of paper money. It will be digital currency always and dollar is what that rules world always.

That depends on how you look at the current situation now, my understanding on international currency is very simple, bitcoins is widely use all around the world so regardless on the volume of users that would already quality the statement.

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Quote from: useless4 on June 28, 2016, 10:54:03 AM

Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

thats true, it will always be hard for bitcoin to become something really big because then people will have to use bitcoins really regularly what is hard to achieve

i think we need to have way more shops with bitcoins and we need to make people be able to spend their bitcoins in order to pay their housing fees or something like that

There is no chance that Bitcoin would become the international currency even though it comes in form of paper money. It will be digital currency always and dollar is what that rules world always.

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Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

thats true, it will always be hard for bitcoin to become something really big because then people will have to use bitcoins really regularly what is hard to achieve

i think we need to have way more shops with bitcoins and we need to make people be able to spend their bitcoins in order to pay their housing fees or something like that

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Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

If you ask me I would say the Bitcoin is already an international currency because everybody in the world who has access to the internet can make use of Bitcoin.
They can sure make some improvements here and there but I am sure that they will come in the future.

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Quote from: goldcoinminer on June 28, 2016, 10:04:17 AM

Quote from: VERUMinNUMERIS on June 28, 2016, 03:25:20 AM

Quote from: goinmerry on June 28, 2016, 02:30:52 AM

International online currency. That is possible and some are using it like that now. Example is a mother which is far away and sending money thru bitcoin to her daughter. But making it more popular is not that easy.

Online currency? That's not what Bitcoin is. It's gonna replace cash. It's not done virtual currency.

It's hard to see that although I like that to happen, bitcoin is good for online transaction but in general in cannot beat cash or dollar because of its simplicity. You can transaction dollar even without internet.

Bitcoin is so simple too. Send bitcoin to specific bitcoin address, wait for the confirmation on the transaction you made and that's it. All things done. Is that complicated enough?

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Quote from: VERUMinNUMERIS on June 28, 2016, 03:25:20 AM

Quote from: goinmerry on June 28, 2016, 02:30:52 AM

International online currency. That is possible and some are using it like that now. Example is a mother which is far away and sending money thru bitcoin to her daughter. But making it more popular is not that easy.

Online currency? That's not what Bitcoin is. It's gonna replace cash. It's not done virtual currency.

It's hard to see that although I like that to happen, bitcoin is good for online transaction but in general in cannot beat cash or dollar because of its simplicity. You can transaction dollar even without internet.

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Quote from: goinmerry on June 28, 2016, 02:30:52 AM

International online currency. That is possible and some are using it like that now. Example is a mother which is far away and sending money thru bitcoin to her daughter. But making it more popular is not that easy.

Online currency? That's not what Bitcoin is. It's gonna replace cash. It's not done virtual currency.

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Quote from: goinmerry on June 28, 2016, 02:30:52 AM

International online currency. That is possible and some are using it like that now. Example is a mother which is far away and sending money thru bitcoin to her daughter. But making it more popular is not that easy.

Yes, this is a good example. In addition, the amount of the contribution is much less than sending money through the banking system.
We do not need any exchange offices and do not need to stand there in line. Not to worry, if you fly as a tourist in a foreign country, that you will not have local money.

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International online currency. That is possible and some are using it like that now. Example is a mother which is far away and sending money thru bitcoin to her daughter. But making it more popular is not that easy.

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They already chose an international symbol: XBT. That's a good sign.

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Quote from: uname on June 27, 2016, 06:49:50 PM

Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

yeah bitcoin need a lot of things to become a global currency. but at least we can get to it slowly
because bitcoin development showed a good thing each year

As long as we see an improvement on a daily basis for bitcoin then that is a good implication that it will bring us to a good future if we stick with bitcoin, I know people are really investing because of the potential for this coin to make a big statement in the future and that is to be a popular international currency.

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Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

yeah bitcoin need a lot of things to become a global currency. but at least we can get to it slowly
because bitcoin development showed a good thing each year

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Bitcoin should go international but if it's not BTC then for sure another crypto.

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Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

It literally can't do this. It's a digital asset, it can't manifest physically because verification is done digitally and the ledger is kept digitally. "Bitcoins" themselves don't even exist, it's just a concept. The ledger, which only exists digitally, is where the value is stored, and it's only called a "coin" as an analogy because that's something everyone in the world is familiar with already - physical money.

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Quote from: goldcoinminer on June 27, 2016, 09:25:07 AM

Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

That would be easy to realize, right now we need to have the support of the government to attract more users, then everything will follow.

We don't need governments, we need people who can make expose bitcoin. I am more than happy to see Mark Z. or Bill Gates supporting bitcoin rather than the governments that thinking to benefit in bitcoin once they support it.

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Quote from: 23dzmaz on June 27, 2016, 08:23:54 AM

I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

That would be easy to realize, right now we need to have the support of the government to attract more users, then everything will follow.

23dzmaz

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I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.

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Yup Bitcoin is used at international level and its usage is increasing day by day.
Another main thing is it is easily convertible to home currency also. Due to daily price variations people always buy and sell so it can easily convertible to home currency and also used as international currency.

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Quote from: Hatuferu on June 27, 2016, 02:46:39 AM

Quote from: harizen on June 27, 2016, 01:36:13 AM

Quote from: Maslate on June 27, 2016, 01:07:40 AM

Quote from: harizen on June 26, 2016, 11:18:45 PM

Quote from: Cyaren on June 26, 2016, 05:40:08 PM

Quote from: hyudien on June 26, 2016, 05:09:34 PM

Quote from: Stedsm on June 26, 2016, 04:17:02 PM

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.

Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.

LITERALLY, bitcoin is an international currency.

On the other hand, bitcoin doesn't used much actively like other international currency.

But if people will treat this currency as currency and not on investment purposes somehow it will take bitcoin as a global currency.

Exactly, but with the present situation the massive adoption still not happening and only when that happens we can witness that price of bitcoins to be great, we need volume to make bitcoins sustainable and to improve the going concern of the bitcoin.

Well since most of people are gaining benefits from treating as an investment, we can't really see such active usage of bitcoin circulating in the merchant world.

So just take the ride since we are gaining advantages here.

Of course it is good to ride but I just feel so risky with the current price movement, that can be easily manipulated and if this crazy whales will manipulate the price we can lose big enough. This time is only good for the investors and for me it is better if we see a massive adoption.

If that's the case, then just ride every trend that those crazy whales will start. We have nothing to do with that so take part of every trend they will started as part of coverup to those risk.

No doubt that without them, we can't gain profits from price fluctuations.

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Quote from: harizen on June 27, 2016, 01:36:13 AM

Quote from: Maslate on June 27, 2016, 01:07:40 AM

Quote from: harizen on June 26, 2016, 11:18:45 PM

Quote from: Cyaren on June 26, 2016, 05:40:08 PM

Quote from: hyudien on June 26, 2016, 05:09:34 PM

Quote from: Stedsm on June 26, 2016, 04:17:02 PM

It is already an international currency, the thing you want to clarify can be considered fine, but it is not possible currently as you need to exchange your coins for fiat. There are places though, where people have started accepting bitcoins, but that won't make a big difference unless it becomes acceptable all over the world.

Do you think the meaning of international itself, so you could say bitcoin already an international currency? Huh

YEah bitcoin is already an international currency technically because it is used all over the world, there is not one place that i know of that has not used bitcoin EVER in their entirety. Bitcoin is already an international currency.

Thanks, good luck building your bitcoins.

LITERALLY, bitcoin is an international currency.

On the other hand, bitcoin doesn't used much actively like other international currency.

But if people will treat this currency as currency and not on investment purposes somehow it will take bitcoin as a global currency.

Exactly, but with the present situation the massive adoption still not happening and only when that happens we can witness that price of bitcoins to be great, we need volume to make bitcoins sustainable and to improve the going concern of the bitcoin.

Well since most of people are gaining benefits from treating as an investment, we can't really see such active usage of bitcoin circulating in the merchant world.

So just take the ride since we are gaining advantages here.

Of course it is good to ride but I just feel so risky with the current price movement, that can be easily manipulated and if this crazy whales will manipulate the price we can lose big enough. This time is only good for the investors and for me it is better if we see a massive adoption.

Topic: Bitcoin to be international currency - page 101. (Read 94961 times)