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Topic: Digital money or virtual currency? - page 15. (Read 4174 times)

member
Activity: 266
Merit: 10
July 08, 2018, 04:18:07 AM
with the aid of many social media available, very soon crypto publicity will be high. bitcoin is not just here today , it took time. nothing good comes easy. well , in my country people are gradually accepting cryptos, infact we have many local merchant sites where you can convert your coin to fiat
Bitcoins and many other coins in the cryptocurrency market have been of great interest to the media over the years, making it even closer to people around the world. This trend will not stop and will grow stronger over time as demand grows.
full member
Activity: 1008
Merit: 101
July 06, 2018, 06:26:15 PM
In the country I stay, though many think of it as a scam but the remains that knows about the technology abuse the system. I am pretty sure it just like in other countries, most of the little that knows about it derived joy is scamming others.
Yes some people don’t believe in bitcoin just like you have mentioned because they are saying it is just a way of scamming and wastage of time, but beyond that there are a lot of countries who have embrace the new technology, same as in my place people are really hoped about the presence of crypto currency, they are having patience about the movement of the market because now coming age is going to be the age of crypto currency so better of accept it as digital money as now everything is converting to digital system.
legendary
Activity: 1120
Merit: 1000
July 06, 2018, 06:04:27 PM

Gradually crypto currency enters our life, we can already pay some goods or services with crypto currency. I think that over time, trust will grow
There is no doubt that people are continuously increasing the use of bitcoin and that is only because that they know about the importance and benefits of bitcoin, i think that after few years most of the people of the world will be using bitcoin for their shopping.
full member
Activity: 462
Merit: 100
July 05, 2018, 10:57:03 AM
If i am not mistaken, your country knows that bitcoin is just a currency used in paying online and online alone?. This is particularly wrong. It is just normal to a country which has a low cryptocurrency adoptation rate. They can understand the cryptocurrencies function in time when it gets popular to your country. Its a good start indeed. Atleast they are aware that bitcoin exists.
Right, in due time people will be more aware that aside from online transactions there's also a good possibilities that system will be created to adopt bitcoin payments, though still far from that but I constantly believing that someday the economy will find other means of payment transactions and
blockchain will be maximized its usage, government needs to see the potentials of this system in order to adopt with developments and innovations
coming from the digital era.
Bitcoin will be used just online because it is internet base currency and has no physical shape and online currency will only be used in online shopping and payment.  I think the acceptance ratio will increase with the passage of time and one day it will take over the currency market. The future is that of cryptocurrency and bitcoin is the king of cryptocurrency.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 04, 2018, 03:48:32 PM
with the aid of many social media available, very soon crypto publicity will be high. bitcoin is not just here today , it took time. nothing good comes easy. well , in my country people are gradually accepting cryptos, infact we have many local merchant sites where you can convert your coin to fiat
Some time ago many social media websites banned ico ads on their platforms and if cryptocurrencies keep becoming more popular and governments feel threatened by this I do not have doubts that governments will ask social media websites like Facebook to prohibit any kind of comment or post in their platform that promote cryptocurrencies, this may seem impossible for some but the possibility is there.
newbie
Activity: 39
Merit: 0
July 04, 2018, 01:40:16 PM
with the aid of many social media available, very soon crypto publicity will be high. bitcoin is not just here today , it took time. nothing good comes easy. well , in my country people are gradually accepting cryptos, infact we have many local merchant sites where you can convert your coin to fiat
member
Activity: 462
Merit: 10
July 04, 2018, 12:49:38 PM

Gradually crypto currency enters our life, we can already pay some goods or services with crypto currency. I think that over time, trust will grow
newbie
Activity: 18
Merit: 0
July 04, 2018, 10:15:23 AM
Depending on the government each country has accepted crypto or not and the nation's population that
full member
Activity: 1750
Merit: 118
July 04, 2018, 08:54:02 AM
I think they are both to be called that way because cryptocurrency is just a numbers to your computer software but it has it value. It does not have a physical appearances like fiat or gold. The value of which was driven by the investors that believe in cryptocurrency.


Yes i agree. Cryptos are also called digital money or a virtual currency in other terms becuse cryptos doesnt still have a physical form. though despite of being a digital , many people do still believe on its power . that is why cryptocurrencies are still growing even bettter because of their support.

 However i think if cryptos will have their physical form like we have in fiat or regulr currencies , i think the adoption for it will still inflate more instantly due to the fact that most of the population will now have a trust in it if they are actually seeing it in real world.
full member
Activity: 238
Merit: 100
July 04, 2018, 07:10:06 AM
In the country I stay, though many think of it as a scam but the remains that knows about the technology abuse the system. I am pretty sure it just like in other countries, most of the little that knows about it derived joy is scamming others.
newbie
Activity: 140
Merit: 0
July 04, 2018, 04:46:45 AM
I think they are both to be called that way because cryptocurrency is just a numbers to your computer software but it has it value. It does not have a physical appearances like fiat or gold. The value of which was driven by the investors that believe in cryptocurrency.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
July 04, 2018, 04:19:20 AM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
In this world except of few countries most of them are under developing country , so absolutely conditions are equally same .
But here we can see that few countries are taking better descion of regulation over the cryptocurrency use but few of them are totally against it and few are totally in confusion that whether they declare cryptourrency as illegal or not.
Here in my country right now a big discussion going one , which was started at date 3 July , now next hearing is at 20 July ,so here we may expect for the perfect result , since first day Result of the hearing Results into negative for bitcoiners because they gives stay to the rule of the RBI over the banks to not to make any deal with cryptourrency exchange with fiat .
Here we can have only positive expectations only because we have only capacity to use cryptourrency for better only   , here hope will result into at any result of the court hearing.
member
Activity: 308
Merit: 10
July 04, 2018, 03:09:28 AM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

It is so sad to hear that in your country they do not still understand Bitcoin and they just think Bitcoin investment is a gambling, chance, black red. Maybe they think it that way because they lack of knowledge about the bitcoin and they just believe on what they have heard about the bitcoin. Here in our country bitcoin is used by half of our population here in our country. Maybe in your country they do not want to believe because they cannot see how they can earn from bitcoin. I know many are still confused what is bitcoin all about and how they can earn from it. There are many way how you can earn from bitcoin, you just need to learn and study the bitcoin so you will know and understand the real bitcoin.
newbie
Activity: 25
Merit: 0
July 03, 2018, 09:01:51 PM
Only few in my country believe in blockchain. Majority sees it as fraud but hoply they will improvement knowledge.
full member
Activity: 476
Merit: 100
July 03, 2018, 08:54:20 PM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?


You should invest while learning it. The fundamentals are going to be there after a few years but some of their operating system will definitely change because of our fast-paced tech so don't dive into it too much unless you are a dev and going to work in a blockchain industry.
jr. member
Activity: 252
Merit: 4
July 03, 2018, 04:47:54 PM
I prefer virtual currencies for making profit. And also for the ease of transacting. Which is less cost effective.
Digital money is the present mode if exchange.
You still mist convert to fiat to make purchases
newbie
Activity: 59
Merit: 0
July 02, 2018, 01:36:33 AM
Will ,everyone of us here  have a different opinion,but if you ask me now my opinion what should i do,if that  lucky things happen to me, will im not giving up my trading,but i withdraw some of my investment to buy all what i want and  buy a house and lot for my siblings shelter,and providing all that there needs,because all of this graces given from heaven,so i want  to share it to my family,and give some few things to the orphanage foundation and church donation.all this things planning i want to do this,if that happen to me in the future Gods grace given to me.
newbie
Activity: 92
Merit: 0
July 01, 2018, 06:14:29 PM
In my country there has been a massive reception for Bitcoin in the last two years, people now actively trade BTC everyday and the number keeps increasing, it's amazing how fast my country men and women accepted Bitcoin.
newbie
Activity: 108
Merit: 0
July 01, 2018, 03:07:20 AM
Over time, all countries will understand the benefits of bitcoin.  Many even in developed countries do not know why bitcoin is needed and what advantage it gives.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 30, 2018, 05:14:58 PM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
We must understand that we are different, most people are average and they do not want to take any risk, so if the situation in your country is good they will have comfortable but simple and boring lives, we are willing to take a risk with a new technology and a new way to understand the economy that if successful it will change everything around the world, and that kind of thinking is not easy to find.
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