Do you Still believe in Fiat? - page 56.

MTBTT

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Quote from: asdalani on August 06, 2016, 07:28:38 AM

Quote from: BitcoinPC on August 05, 2016, 10:11:36 AM

Quote from: agustina2 on August 05, 2016, 08:35:25 AM

Quote from: stromma44 on August 05, 2016, 04:13:28 AM

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

No it's not. They aren't thinking much on the brighter side. There are lots of scam today but no one will be scam if they will not allow themselves to be scam.

Bitcoin is money so better they know the risk of investing elsewhere.

Yes, you are right, because recently bitfinex has been hacked, and it is not first time even it is more than one, but people never hate to bitcoins, and also those people who have a lost their amount in Bitfinex exchange, but they are still using bitcoins, but only the way of saving will be changed. Everyone know that it is a time of crypto currency and it is a easiest way to make profit and everyone can earn from crypto currencies.

The bitcoin price was quite high before the Bitfinex hack. Now the price is only $555. so it is good to buy some.

You sure it was because of the impact of bitfinex being a scam? I'm confused why bitcoin prices could go down just because a site to be a scam. do you explain the reason to me

jakelyson

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Quote from: agustina2 on August 05, 2016, 10:07:52 AM

Quote from: JessicaSe on August 05, 2016, 09:44:46 AM

Quote from: Superbitzz on August 05, 2016, 09:41:28 AM

Quote from: goldcoinminer on July 31, 2016, 04:19:48 AM

Quote from: ethereumhunter on July 31, 2016, 03:55:49 AM

i still believe in fiat, because in my offline life, there is no store that receive bitcoin as payment. because bitcoin still not accepting by every country and there are a few country that already accepting bitcoin as their payment. and if bitcoin is available on every store in my country, then maybe i use fiat as my investment Grin

Of course, the same with my country there are not much stores that are accepting bitcoins, if I cannot use fiat then I could not survive living in our country, bitcoin is just good for online transactions and investment as well but the truth is we need the two, fiat and bitcoins.

and that is the problem of every country, may be there are few states where there will be some shops where people are accepting bitcoin in their shop, like in Brazil there are some shops where they accept bitcoin for shopping, and same is the problem in my country, i think fiat money is the main important thing in our life, with our which we cannot even thing about life, therefore i do believe on bitcoin ,

Fiat is really important part of our lives as it can be easily used everywhere and same doesn't go with bitcoin at a moment as the usage of bitcoin is very limited.

Physical transactions is being dominated by the use of fiat currency. No way bitcoin can reach that kind of status so it's doesn't make sense to think that fiat is useless even for centuries to count.

Given time, bitcoin can be easily used just as you use credit card. It is just a matter of wide adoptation. If merchants will accept bitcoin, then technology that can ease use of bitcoin will follow. Tap card or qr codes can be used to ease the access of bitcoin during transactions. I think it will not take that long to happen.

greatr

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Quote from: asdalani on August 06, 2016, 07:28:38 AM

Quote from: BitcoinPC on August 05, 2016, 10:11:36 AM

Quote from: agustina2 on August 05, 2016, 08:35:25 AM

Quote from: stromma44 on August 05, 2016, 04:13:28 AM

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

No it's not. They aren't thinking much on the brighter side. There are lots of scam today but no one will be scam if they will not allow themselves to be scam.

Bitcoin is money so better they know the risk of investing elsewhere.

Yes, you are right, because recently bitfinex has been hacked, and it is not first time even it is more than one, but people never hate to bitcoins, and also those people who have a lost their amount in Bitfinex exchange, but they are still using bitcoins, but only the way of saving will be changed. Everyone know that it is a time of crypto currency and it is a easiest way to make profit and everyone can earn from crypto currencies.

The bitcoin price was quite high before the Bitfinex hack. Now the price is only $555. so it is good to buy some.

the price has already bounced back, in my opinion from now on the only possible way for the price is to go significantly up and make us all some good money

Xenophoto

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I think fiat has reached a dead end. Fiat might have other potentials but if we look at it right now, it's highly unlikely to improve/change. But fiat is still essential in our lives. We pay for things in real life in fiat, we can only use Bitcoin to buy something when we're online (at least at the moment). The number of establishments outside that accepts bitcoin as payment is really limited. Once the majority of consumers/customers embraces the idea of using bitcoin, it'll be a game changer to all the competent companies out there.

sirohige

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I believe, when the public has to know something valuable, and then much sought after, and it comes to the economy, will better be approved by the state, so that all can be set. and bitcoin need it, to be more useful.

elyas772

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Yes I believe because of a fiat currency is already incorporated and used in any country that is protected by state law each and has been recognized by the state.

umaOuma

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Quote from: asdalani on August 06, 2016, 07:28:38 AM

Quote from: BitcoinPC on August 05, 2016, 10:11:36 AM

Quote from: agustina2 on August 05, 2016, 08:35:25 AM

Quote from: stromma44 on August 05, 2016, 04:13:28 AM

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

No it's not. They aren't thinking much on the brighter side. There are lots of scam today but no one will be scam if they will not allow themselves to be scam.

Bitcoin is money so better they know the risk of investing elsewhere.

Yes, you are right, because recently bitfinex has been hacked, and it is not first time even it is more than one, but people never hate to bitcoins, and also those people who have a lost their amount in Bitfinex exchange, but they are still using bitcoins, but only the way of saving will be changed. Everyone know that it is a time of crypto currency and it is a easiest way to make profit and everyone can earn from crypto currencies.

The bitcoin price was quite high before the Bitfinex hack. Now the price is only $555. so it is good to buy some.

Yes this is the best time to invest money in bitcoin as price is not too high at a moment and it will rise in coming days so if you don't buy now you will regret in future.

asdalani

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Quote from: BitcoinPC on August 05, 2016, 10:11:36 AM

Quote from: agustina2 on August 05, 2016, 08:35:25 AM

Quote from: stromma44 on August 05, 2016, 04:13:28 AM

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

No it's not. They aren't thinking much on the brighter side. There are lots of scam today but no one will be scam if they will not allow themselves to be scam.

Bitcoin is money so better they know the risk of investing elsewhere.

Yes, you are right, because recently bitfinex has been hacked, and it is not first time even it is more than one, but people never hate to bitcoins, and also those people who have a lost their amount in Bitfinex exchange, but they are still using bitcoins, but only the way of saving will be changed. Everyone know that it is a time of crypto currency and it is a easiest way to make profit and everyone can earn from crypto currencies.

The bitcoin price was quite high before the Bitfinex hack. Now the price is only $555. so it is good to buy some.

BitcoinPC

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Activity: 812

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Quote from: agustina2 on August 05, 2016, 08:35:25 AM

Quote from: stromma44 on August 05, 2016, 04:13:28 AM

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

No it's not. They aren't thinking much on the brighter side. There are lots of scam today but no one will be scam if they will not allow themselves to be scam.

Bitcoin is money so better they know the risk of investing elsewhere.

Yes, you are right, because recently bitfinex has been hacked, and it is not first time even it is more than one, but people never hate to bitcoins, and also those people who have a lost their amount in Bitfinex exchange, but they are still using bitcoins, but only the way of saving will be changed. Everyone know that it is a time of crypto currency and it is a easiest way to make profit and everyone can earn from crypto currencies.

agustina2

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Activity: 2436

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Quote from: JessicaSe on August 05, 2016, 09:44:46 AM

Quote from: Superbitzz on August 05, 2016, 09:41:28 AM

Quote from: goldcoinminer on July 31, 2016, 04:19:48 AM

Quote from: ethereumhunter on July 31, 2016, 03:55:49 AM

i still believe in fiat, because in my offline life, there is no store that receive bitcoin as payment. because bitcoin still not accepting by every country and there are a few country that already accepting bitcoin as their payment. and if bitcoin is available on every store in my country, then maybe i use fiat as my investment Grin

Of course, the same with my country there are not much stores that are accepting bitcoins, if I cannot use fiat then I could not survive living in our country, bitcoin is just good for online transactions and investment as well but the truth is we need the two, fiat and bitcoins.

and that is the problem of every country, may be there are few states where there will be some shops where people are accepting bitcoin in their shop, like in Brazil there are some shops where they accept bitcoin for shopping, and same is the problem in my country, i think fiat money is the main important thing in our life, with our which we cannot even thing about life, therefore i do believe on bitcoin ,

Fiat is really important part of our lives as it can be easily used everywhere and same doesn't go with bitcoin at a moment as the usage of bitcoin is very limited.

Physical transactions is being dominated by the use of fiat currency. No way bitcoin can reach that kind of status so it's doesn't make sense to think that fiat is useless even for centuries to count.

JessicaSe

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Quote from: Superbitzz on August 05, 2016, 09:41:28 AM

Quote from: goldcoinminer on July 31, 2016, 04:19:48 AM

Quote from: ethereumhunter on July 31, 2016, 03:55:49 AM

i still believe in fiat, because in my offline life, there is no store that receive bitcoin as payment. because bitcoin still not accepting by every country and there are a few country that already accepting bitcoin as their payment. and if bitcoin is available on every store in my country, then maybe i use fiat as my investment Grin

Of course, the same with my country there are not much stores that are accepting bitcoins, if I cannot use fiat then I could not survive living in our country, bitcoin is just good for online transactions and investment as well but the truth is we need the two, fiat and bitcoins.

and that is the problem of every country, may be there are few states where there will be some shops where people are accepting bitcoin in their shop, like in Brazil there are some shops where they accept bitcoin for shopping, and same is the problem in my country, i think fiat money is the main important thing in our life, with our which we cannot even thing about life, therefore i do believe on bitcoin ,

Fiat is really important part of our lives as it can be easily used everywhere and same doesn't go with bitcoin at a moment as the usage of bitcoin is very limited.

Superbitzz

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Quote from: goldcoinminer on July 31, 2016, 04:19:48 AM

Quote from: ethereumhunter on July 31, 2016, 03:55:49 AM

i still believe in fiat, because in my offline life, there is no store that receive bitcoin as payment. because bitcoin still not accepting by every country and there are a few country that already accepting bitcoin as their payment. and if bitcoin is available on every store in my country, then maybe i use fiat as my investment Grin

Of course, the same with my country there are not much stores that are accepting bitcoins, if I cannot use fiat then I could not survive living in our country, bitcoin is just good for online transactions and investment as well but the truth is we need the two, fiat and bitcoins.

and that is the problem of every country, may be there are few states where there will be some shops where people are accepting bitcoin in their shop, like in Brazil there are some shops where they accept bitcoin for shopping, and same is the problem in my country, i think fiat money is the main important thing in our life, with our which we cannot even thing about life, therefore i do believe on bitcoin ,

agustina2

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Activity: 2436

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Quote from: stromma44 on August 05, 2016, 04:13:28 AM

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

No it's not. They aren't thinking much on the brighter side. There are lots of scam today but no one will be scam if they will not allow themselves to be scam.

Bitcoin is money so better they know the risk of investing elsewhere.

stromma44

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Activity: 952

Merit: 1000

Quote from: DashTron on August 05, 2016, 04:10:22 AM

Quote from: dezoel on August 05, 2016, 03:56:47 AM

Quote from: goldcoinminer on August 05, 2016, 03:48:56 AM

Quote from: greBit on August 05, 2016, 03:16:15 AM

Quote from: Kewatia on August 05, 2016, 03:14:20 AM

Quote from: asdalani on August 01, 2016, 12:48:55 PM

Quote from: 0day on July 31, 2016, 04:15:28 PM

First point is that bitcoin is being used by every country their citizens just need an internet connection to take start with it, and it is true that bitcoin is not accepted by offline shops but you can easily use it online for shopping those things which you need for your offline life, and if bitcoin started to be accepted in offline life then I think the fiat will be converted by everyone to bitcoin in order to make it secure and to use t there.

That could happen. But it will take several decades for the bitcoin to be widely used in every country.

The Infrastructure for the digital coins are being built, in the mean time, the digital currency will become more popular.

Bitcoin has started to gain popularity now and we are seeing many more users who are getting into bitcoins, once bitcoin gets recognition at global level it will become more popular.

The journey of bitcoin is so fruitful because everyday we are making the new adopters proud,this should continue in order to get the number of adoption that will make bitcoin great, and for me it requires time and ti will only happen in the future as we are in the early phase now.

Yes we need to give some time to bitcoin to grow as bitcoin is still new to many people and many of them don't know how to use it, but things will move positively in future.

And it should be avoided to scare people away. If I think of the recent hack, that is something the owners of the exchanges really should learn a lesson from.
Keep the sites safe in order to keep the peoples trust in bitcoin.

Ongoing scams are the major reason that is keeping people away from bitcoin as they have fear of loosing their money and that is logical as no one wants to loose their hard earned money.

DashTron

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Quote from: dezoel on August 05, 2016, 03:56:47 AM

Quote from: goldcoinminer on August 05, 2016, 03:48:56 AM

Quote from: greBit on August 05, 2016, 03:16:15 AM

Quote from: Kewatia on August 05, 2016, 03:14:20 AM

Quote from: asdalani on August 01, 2016, 12:48:55 PM

Quote from: 0day on July 31, 2016, 04:15:28 PM

First point is that bitcoin is being used by every country their citizens just need an internet connection to take start with it, and it is true that bitcoin is not accepted by offline shops but you can easily use it online for shopping those things which you need for your offline life, and if bitcoin started to be accepted in offline life then I think the fiat will be converted by everyone to bitcoin in order to make it secure and to use t there.

That could happen. But it will take several decades for the bitcoin to be widely used in every country.

The Infrastructure for the digital coins are being built, in the mean time, the digital currency will become more popular.

Bitcoin has started to gain popularity now and we are seeing many more users who are getting into bitcoins, once bitcoin gets recognition at global level it will become more popular.

The journey of bitcoin is so fruitful because everyday we are making the new adopters proud,this should continue in order to get the number of adoption that will make bitcoin great, and for me it requires time and ti will only happen in the future as we are in the early phase now.

Yes we need to give some time to bitcoin to grow as bitcoin is still new to many people and many of them don't know how to use it, but things will move positively in future.

And it should be avoided to scare people away. If I think of the recent hack, that is something the owners of the exchanges really should learn a lesson from.
Keep the sites safe in order to keep the peoples trust in bitcoin.

dezoel

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Activity: 2044

Merit: 1075

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Quote from: goldcoinminer on August 05, 2016, 03:48:56 AM

Quote from: greBit on August 05, 2016, 03:16:15 AM

Quote from: Kewatia on August 05, 2016, 03:14:20 AM

Quote from: asdalani on August 01, 2016, 12:48:55 PM

Quote from: 0day on July 31, 2016, 04:15:28 PM

First point is that bitcoin is being used by every country their citizens just need an internet connection to take start with it, and it is true that bitcoin is not accepted by offline shops but you can easily use it online for shopping those things which you need for your offline life, and if bitcoin started to be accepted in offline life then I think the fiat will be converted by everyone to bitcoin in order to make it secure and to use t there.

That could happen. But it will take several decades for the bitcoin to be widely used in every country.

The Infrastructure for the digital coins are being built, in the mean time, the digital currency will become more popular.

Bitcoin has started to gain popularity now and we are seeing many more users who are getting into bitcoins, once bitcoin gets recognition at global level it will become more popular.

The journey of bitcoin is so fruitful because everyday we are making the new adopters proud,this should continue in order to get the number of adoption that will make bitcoin great, and for me it requires time and ti will only happen in the future as we are in the early phase now.

Yes we need to give some time to bitcoin to grow as bitcoin is still new to many people and many of them don't know how to use it, but things will move positively in future.

goldcoinminer

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Activity: 952

Merit: 500

Quote from: greBit on August 05, 2016, 03:16:15 AM

Quote from: Kewatia on August 05, 2016, 03:14:20 AM

Quote from: asdalani on August 01, 2016, 12:48:55 PM

Quote from: 0day on July 31, 2016, 04:15:28 PM

First point is that bitcoin is being used by every country their citizens just need an internet connection to take start with it, and it is true that bitcoin is not accepted by offline shops but you can easily use it online for shopping those things which you need for your offline life, and if bitcoin started to be accepted in offline life then I think the fiat will be converted by everyone to bitcoin in order to make it secure and to use t there.

That could happen. But it will take several decades for the bitcoin to be widely used in every country.

The Infrastructure for the digital coins are being built, in the mean time, the digital currency will become more popular.

Bitcoin has started to gain popularity now and we are seeing many more users who are getting into bitcoins, once bitcoin gets recognition at global level it will become more popular.

The journey of bitcoin is so fruitful because everyday we are making the new adopters proud,this should continue in order to get the number of adoption that will make bitcoin great, and for me it requires time and ti will only happen in the future as we are in the early phase now.

greBit

hero member

Activity: 714

Merit: 500

Quote from: Kewatia on August 05, 2016, 03:14:20 AM

Quote from: asdalani on August 01, 2016, 12:48:55 PM

Quote from: 0day on July 31, 2016, 04:15:28 PM

First point is that bitcoin is being used by every country their citizens just need an internet connection to take start with it, and it is true that bitcoin is not accepted by offline shops but you can easily use it online for shopping those things which you need for your offline life, and if bitcoin started to be accepted in offline life then I think the fiat will be converted by everyone to bitcoin in order to make it secure and to use t there.

That could happen. But it will take several decades for the bitcoin to be widely used in every country.

The Infrastructure for the digital coins are being built, in the mean time, the digital currency will become more popular.

Bitcoin has started to gain popularity now and we are seeing many more users who are getting into bitcoins, once bitcoin gets recognition at global level it will become more popular.

Kewatia

sr. member

Activity: 299

Merit: 250

Quote from: asdalani on August 01, 2016, 12:48:55 PM

Quote from: 0day on July 31, 2016, 04:15:28 PM

First point is that bitcoin is being used by every country their citizens just need an internet connection to take start with it, and it is true that bitcoin is not accepted by offline shops but you can easily use it online for shopping those things which you need for your offline life, and if bitcoin started to be accepted in offline life then I think the fiat will be converted by everyone to bitcoin in order to make it secure and to use t there.

That could happen. But it will take several decades for the bitcoin to be widely used in every country.

The Infrastructure for the digital coins are being built, in the mean time, the digital currency will become more popular.

Pbitcoin

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Activity: 112

Merit: 10

Fiat or forex to most here is a stable currency so you must believe in it or you just won't use it. And who can honestly say they don't use it most of the time when they are purchasing this i n their daily lives? Huh

It is a necessary evil most would say to because they would like the option to be able to use bitcoin 100% in their daily lives too. Grin

Topic: Do you Still believe in Fiat? - page 56. (Read 75146 times)