Do you Still believe in Fiat? - page 67.

ajun96

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Quote from: Cybertron00 on June 12, 2016, 09:10:11 PM

I still believe in Fiat. Because of fiat I can buy my daily needs no problem. I also believe in Bitcoin too but I always trade them to fiat so that I have something to spend for my daily needs. Grin

yeah for this period may fiat continue to thrive in the future but no one knows about it? but I will always believe the bitcoin. fiat give this order in state finance and transactions per day. I do not know what to do if there is no fiat? still using barter Lol

dezoel

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Quote from: Altcoinsupporter on June 14, 2016, 11:17:28 AM

Quote from: jamesl22 on June 13, 2016, 05:29:18 PM

Quote from: AsaroUk on June 13, 2016, 05:12:32 PM

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Exactly, we can say that fiat is enjoying monopoly at a moment involving huge number of users who prefer to use it as they find it easy and very convenient.

I know that you can see now that the value of Bitcoin is going to rise and you will become greedy and that is bad, just wait a longer time until the value will be higher and sell it on the moment when you think it will be enough profit.
But the risky thing is that it is hard to know what will truly happen with the value of Bitcoin because there is also a chance that it can reduce.

There is no high price or low price of bitcoin, if you are comfortable with the price then without thinking twice you should sell your coins and grab the profits.

Altcoinsupporter

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Quote from: jamesl22 on June 13, 2016, 05:29:18 PM

Quote from: AsaroUk on June 13, 2016, 05:12:32 PM

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Exactly, we can say that fiat is enjoying monopoly at a moment involving huge number of users who prefer to use it as they find it easy and very convenient.

I know that you can see now that the value of Bitcoin is going to rise and you will become greedy and that is bad, just wait a longer time until the value will be higher and sell it on the moment when you think it will be enough profit.
But the risky thing is that it is hard to know what will truly happen with the value of Bitcoin because there is also a chance that it can reduce.

JessicaSe

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Quote from: Galiatram on June 14, 2016, 10:57:14 AM

I have never believed

Quote from: Hirose UK on March 21, 2016, 02:40:19 AM

Quote from: The Sceptical Chymist on March 20, 2016, 05:48:04 PM

Lol wat??

You don't have to believe in fiat, it exists and it works for day to day transactions. Don't know about its future.

agree. I myself never think to believe in fiat or other currencies. just use what are available to use as long as they're legal, or no one forbids us to use it, or the advantages are not too much.
fiat itself is not forbiden, is legal and currency. so just use it, don't need to believe in, that's all.

i neve rbelieved in fiat before because the bitcoin came you know this is more my time. So i never wanted to use fiat and i think that is the same for allot of people.

So you mean to say that you never use fiat and only use bitcoin? I don't think that is possible as bitcoin is not that popular yet and only fiat can take care of that.

Galiatram

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I have never believed

Quote from: Hirose UK on March 21, 2016, 02:40:19 AM

Quote from: The Sceptical Chymist on March 20, 2016, 05:48:04 PM

Lol wat??

You don't have to believe in fiat, it exists and it works for day to day transactions. Don't know about its future.

agree. I myself never think to believe in fiat or other currencies. just use what are available to use as long as they're legal, or no one forbids us to use it, or the advantages are not too much.
fiat itself is not forbiden, is legal and currency. so just use it, don't need to believe in, that's all.

i neve rbelieved in fiat before because the bitcoin came you know this is more my time. So i never wanted to use fiat and i think that is the same for allot of people.

eddyubachs

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Quote from: BitcoinPaw on June 13, 2016, 06:26:34 PM

Fiat will be always actual for everybody, cause goverment manipulating and trying to increase fiat everytime but anyway bitcoin is really better.

Bitcoin is better only for its users, but people who are not aware about bitcoins yet don't have any other option, either they will use fiat or credit cards for making purchases.

benjidaimio

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Whether you believe in it or not, fiat will always be there.

nururochac

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Quote from: AsaroUk on June 13, 2016, 05:12:32 PM

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Fiat is made just out of thin air, I doubt fiat nowadays the time I've been introduce to bitcoin, but of course fiat is important to me because thats what we use to buy things. But as I see articles that fiat is just made out of thin air by banks thats the time I had doubt with it.

BitcoinPaw

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Fiat will be always actual for everybody, cause goverment manipulating and trying to increase fiat everytime but anyway bitcoin is really better.

jamesl22

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Quote from: AsaroUk on June 13, 2016, 05:12:32 PM

I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

Exactly, we can say that fiat is enjoying monopoly at a moment involving huge number of users who prefer to use it as they find it easy and very convenient.

AsaroUk

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I still believe in the fiat of course, the bitcoin will never replace this in my eyes due to the fact Fiat is way too big.

tygeade

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Quote from: useless4 on June 13, 2016, 04:49:42 PM

i dont believe in fiat at the moment to be honest, i hope that bitcoin will be much bigger than fiat and change it one day

That is never possible, bitcoin will be more powerful in future but that doesn't mean it can replace fiat so easily, people have more faith in fiat in compare to bitcoins.

useless4

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i dont believe in fiat at the moment to be honest, i hope that bitcoin will be much bigger than fiat and change it one day

torrentheaven

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Quote from: nururochac on June 13, 2016, 02:49:13 PM

Quote from: socks435 on June 13, 2016, 02:25:48 PM

Quote from: outatime1 on June 13, 2016, 02:23:53 PM

I would prefer that we didn't need fiat,but the reality is that we need it to survive because it is the official currency of my government. I don't think that will change any time soon.

Its impossible to change fiat because we are already use it if we use bitcoin i think old people are other people didnt know bitcoin how it works.. so its impossible that fiat will be not useful..

I agree that its impossible to change fiat for today but if the technology will continue to boom and adapted by mass of population all over the world, we might see a digital currency world.

The world is getting digital for sure but the fact is there is a certain percentage of population who are totally unaware about the technology and they really don't care unless fiat is taking care of them.

nururochac

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Quote from: socks435 on June 13, 2016, 02:25:48 PM

Quote from: outatime1 on June 13, 2016, 02:23:53 PM

I would prefer that we didn't need fiat,but the reality is that we need it to survive because it is the official currency of my government. I don't think that will change any time soon.

Its impossible to change fiat because we are already use it if we use bitcoin i think old people are other people didnt know bitcoin how it works.. so its impossible that fiat will be not useful..

I agree that its impossible to change fiat for today but if the technology will continue to boom and adapted by mass of population all over the world, we might see a digital currency world.

Vikingr

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Fiat is money initiated by the government and maintained by banks and other government financial institutes and they give guarantee for it, fiat mean every person has that much amount of wealth with government, so everyone believe on fiat.

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Quote from: stromma44 on June 13, 2016, 02:26:33 PM

Quote from: outatime1 on June 13, 2016, 02:23:53 PM

I would prefer that we didn't need fiat,but the reality is that we need it to survive because it is the official currency of my government. I don't think that will change any time soon.

Governments will never allow any digital currency to replace its local currency, as fiat currency is an identity of the respective country and will exist forever.

States come and go throughout history, fiats get reset from time to time (or just abandoned and forgotten like Zimbabwean dollar), and only gold keeps its shine over centuries

stromma44

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Quote from: outatime1 on June 13, 2016, 02:23:53 PM

I would prefer that we didn't need fiat,but the reality is that we need it to survive because it is the official currency of my government. I don't think that will change any time soon.

Governments will never allow any digital currency to replace its local currency, as fiat currency is an identity of the respective country and will exist forever.

socks435

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Quote from: outatime1 on June 13, 2016, 02:23:53 PM

I would prefer that we didn't need fiat,but the reality is that we need it to survive because it is the official currency of my government. I don't think that will change any time soon.

Its impossible to change fiat because we are already use it if we use bitcoin i think old people are other people didnt know bitcoin how it works.. so its impossible that fiat will be not useful..

outatime1

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I would prefer that we didn't need fiat,but the reality is that we need it to survive because it is the official currency of my government. I don't think that will change any time soon.

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