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Topic: Future of Bitcoin Economics - page 32. (Read 34336 times)

legendary
Activity: 1918
Merit: 1728
April 21, 2017, 11:11:16 AM
I think I recall seeing that even one country has adopted it as their national currency. That is a step in the right direction for the future of bitcoin is strong indeed. The economic progress of the adoption of bitcoin is affected and the number of people using bitcoin. If those two things happen I believe bitcoin will be growing and the economy is getting stronger.I believe in the future of bitcoin will continue to grow as I'm sure there will be more people who will be using bitcoin

I don't think nationalisation of Bitcoin by any country is right thing to do. This will leads to concentration of mining fields in that country and country will partially become ruler of Bitcoin. We all using Bitcoin will be subject to policy of that country's rule. So rethink!

Isn't it happening right now? every country has a different view on bitcoin and have their different ways of handling it. some country may not even care right now but if the popularity of it boost on their country.  they will certainly regulate it. a nation to start adopting bitcoin as their national currency is a long way to go. the hardest part on that is when the central bank should create a reserve first thats why a large amountnof money need to be invest first on bitcoin.

Regulating the bitcoin is certainly a paralysed idea. Suppose my country is keeping the complete check of transactions within the country, how can you say they will peek in my wallets whom I am hosting on VPN/Proxy, etc. It is just a sweet dream away for Bitcoin reality made by some immatures.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
April 21, 2017, 11:05:36 AM
I think I recall seeing that even one country has adopted it as their national currency. That is a step in the right direction for the future of bitcoin is strong indeed. The economic progress of the adoption of bitcoin is affected and the number of people using bitcoin. If those two things happen I believe bitcoin will be growing and the economy is getting stronger.I believe in the future of bitcoin will continue to grow as I'm sure there will be more people who will be using bitcoin

I don't think nationalisation of Bitcoin by any country is right thing to do. This will leads to concentration of mining fields in that country and country will partially become ruler of Bitcoin. We all using Bitcoin will be subject to policy of that country's rule. So rethink!

Isn't it happening right now? every country has a different view on bitcoin and have their different ways of handling it. some country may not even care right now but if the popularity of it boost on their country.  they will certainly regulate it. a nation to start adopting bitcoin as their national currency is a long way to go. the hardest part on that is when the central bank should create a reserve first thats why a large amountnof money need to be invest first on bitcoin.
legendary
Activity: 1918
Merit: 1728
April 21, 2017, 10:08:33 AM
I think I recall seeing that even one country has adopted it as their national currency. That is a step in the right direction for the future of bitcoin is strong indeed. The economic progress of the adoption of bitcoin is affected and the number of people using bitcoin. If those two things happen I believe bitcoin will be growing and the economy is getting stronger.I believe in the future of bitcoin will continue to grow as I'm sure there will be more people who will be using bitcoin

I don't think nationalisation of Bitcoin by any country is right thing to do. This will leads to concentration of mining fields in that country and country will partially become ruler of Bitcoin. We all using Bitcoin will be subject to policy of that country's rule. So rethink!
newbie
Activity: 14
Merit: 0
April 21, 2017, 05:42:47 AM
I think I recall seeing that even one country has adopted it as their national currency. That is a step in the right direction for the future of bitcoin is strong indeed. The economic progress of the adoption of bitcoin is affected and the number of people using bitcoin. If those two things happen I believe bitcoin will be growing and the economy is getting stronger.I believe in the future of bitcoin will continue to grow as I'm sure there will be more people who will be using bitcoin
newbie
Activity: 13
Merit: 0
April 21, 2017, 05:32:00 AM
We all know bitcoin now reaches a fantastic price, of course bitcoin economy is very promising, many big banks and central banks began to glance at bitcoin and blockchain system to apply in the banking
sr. member
Activity: 1792
Merit: 264
April 21, 2017, 05:22:19 AM
true, the future of the bitcoin can not be predicted, hence the large number of users of the bitcoin depending on the demand factor in the bitcoin itself
legendary
Activity: 1232
Merit: 1029
April 21, 2017, 02:51:44 AM
The future of bitcoin is very promising, we see now the price of bitcoin reaches 1200 USD. The price is amazing, the security of the blockchain system makes many people and institutions want to adopt this system
Obviously, as time goes by bitcoin is going to become more and more popular and that leads to people using it more and more and the price getting higher and higher, and eventually it will get the attention of business owners and investors and we will be able to use it everywhere, and I think that even one day we want be able to do so people will learn from it and try to implement a similar blockchain technology into a new one.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 20, 2017, 03:26:34 PM
Some comments are very optimistic, that's what I noticed first. My opinion about bitcoin future is divided, I would like to cost more and to be adopted in the world, but how can that happen? I'm not familiar with potential of bitcoin even many here talk about it. Close friends don't wish nothing with bitcoins, and that push me away when I wish to invest in bitcoin, I think that many feel's like I do.
It does not matter what your friends think of the bitcoin and whether they want to invest in it or not, you should do what you think is right, if you think that bitcoin is a good investment and it has potential like everyone claims then go ahead and invest, many people don’t realize the fact that bitcoin can improve their financial state.

Because they don't know how to or they are too lazy to find out how bitcoins can free you from poverty. If everyone is claiming that something is good (and I'm saying this in general, not just bitcoins in particular), you will probably find it good as well. We're not some special snowflake that despise things.

I told my friend back then that bitcoins released me from poverty. He was all like "Meh. Okay dafuq. What a scammer". I was so disappointed in them that I just continued doing my thing. After a couple of months, I started to buy the things that I want although I can already afford it for a long time (like, months ago when I started bitcoins). And then all of a sudden, they got interested about bitcoins.

From a google quote: "First they laugh, then they copy." That's exactly what happened to me.  Cool

When money talks, bullshit walks

But people are envious overall, I see it even here when some folks are trying to deliver a personal attack against me now and then (but they forget that karma is a bitch and she takes her job seriously), so you'd better lead a humble life and not show off when you have dough. Just reinvest the money and spend part of it on your health and family (if you have one). Remember that friends are okay when they don't get in the way
member
Activity: 150
Merit: 10
April 20, 2017, 10:38:02 AM
The future of bitcoin is very promising, we see now the price of bitcoin reaches 1200 USD. The price is amazing, the security of the blockchain system makes many people and institutions want to adopt this system
hero member
Activity: 798
Merit: 500
April 19, 2017, 10:57:07 PM
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Yeah definitely right.Bitcoins future depends on the future and currenct users if they will push bitcoins through the financial system of the world and if the world will adopt it.
full member
Activity: 238
Merit: 100
April 19, 2017, 10:48:57 PM
I feel that bitcoin is one designed to brighten the future, bitcoin aka always goes like this with a great economy, no need to worry, bitcoin will give something that makes us know what the future is like.

Do not forget to invest in bitcoin as a broke and very good storage.
legendary
Activity: 1232
Merit: 1000
April 19, 2017, 08:39:16 PM
future depends on our bitcoin users bitcoin.

That is the reason I use bitcoin whenever possible. That is the real transaction helping the bitcoin economy.

That is a noble thing to do. But please also make sure that you purchase bitcoins on exchanges, to replace the bitcoins that you have spent.
It is probable that the merchant who accepts your bitcoins will sell them and convert to fiat.
sr. member
Activity: 364
Merit: 250
April 19, 2017, 02:07:55 PM
In the eyes of some, government-backed currencies are coming to an end. To this small group of true believers, central banks like the Federal Reserve destabilize the economy and will bring an end to the supremacy of the dollar. Bitcoin, a completely virtual cryptocurrency, has captured the imaginations of libertarians and gold-standard lovers the world over as the dollar’s long-term replacement. Bitcoin was born into a world that had already begun to move away from paper transactions. Without the influence of governments or central banks, bitcoin truly operates like a free market system. However, despite having a passionate following, security concerns and volatility have plagued bitcoin. As a result, the cryptocurrency has little chance of replacing any national currencies. Nevertheless, virtual payment services like PayPal and bitcoin will likely continue to grow, as the economy moves increasingly toward a nearly paperless world. They may even push paper currency to the brink of obsolescence.
sr. member
Activity: 714
Merit: 261
April 19, 2017, 11:51:58 AM
Indeed no body can really predict what bitcoin will cook in the future but at least we can have some idea from critics reviews. The daily news, updates and on going trades can result into closest possible assumption of bitcoins future. We have advance techniques of predicting things, so it's not like that we can't predict anything but we can have some idea. And my prediction says bitcoin is going to be way too profitable for us.
full member
Activity: 227
Merit: 100
April 19, 2017, 11:35:50 AM
future depends on our bitcoin users bitcoin.

That is the reason I use bitcoin whenever possible. That is the real transaction helping the bitcoin economy.
full member
Activity: 252
Merit: 100
March 29, 2017, 09:50:31 AM
future depends on our bitcoin users bitcoin.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
March 27, 2017, 07:04:11 AM
Some comments are very optimistic, that's what I noticed first. My opinion about bitcoin future is divided, I would like to cost more and to be adopted in the world, but how can that happen? I'm not familiar with potential of bitcoin even many here talk about it. Close friends don't wish nothing with bitcoins, and that push me away when I wish to invest in bitcoin, I think that many feel's like I do.
It does not matter what your friends think of the bitcoin and whether they want to invest in it or not, you should do what you think is right, if you think that bitcoin is a good investment and it has potential like everyone claims then go ahead and invest, many people don’t realize the fact that bitcoin can improve their financial state.
Coinplus know the right thing but too carefull to say, cause u will still determine everything. No matter the price of bitcoin today u will still make your money. U may not get it cheaper. For those u who bought at higher price, they should check their wallet by December if they wont smile
sr. member
Activity: 504
Merit: 250
March 27, 2017, 06:50:02 AM
Some comments are very optimistic, that's what I noticed first. My opinion about bitcoin future is divided, I would like to cost more and to be adopted in the world, but how can that happen? I'm not familiar with potential of bitcoin even many here talk about it. Close friends don't wish nothing with bitcoins, and that push me away when I wish to invest in bitcoin, I think that many feel's like I do.
It does not matter what your friends think of the bitcoin and whether they want to invest in it or not, you should do what you think is right, if you think that bitcoin is a good investment and it has potential like everyone claims then go ahead and invest, many people don’t realize the fact that bitcoin can improve their financial state.

agree.. why settle for less if you know you can be merry?

dont bother if your friends are discouraging you for now. as long as you have that enough information of what bitcoins hold for you in the near future then do what you can do for now before its too late. its already been proven for hoe many times of how strong bitcoin is no matter how many difficulties it has been encountered. also, if you want o be more familiar on bitcoin, what really is it, hoe does it work, its pros and cons, i suggest do a lot of research and read more articles, news and blogs of which you can find basics for bitcoin. try to watch videos on youtube where it is more easy to understand some of the videos there.. i hope someday you bitcoin will have a huge positive feedback in your life. Smiley
legendary
Activity: 1008
Merit: 1060
March 27, 2017, 05:44:21 AM
Some comments are very optimistic, that's what I noticed first. My opinion about bitcoin future is divided, I would like to cost more and to be adopted in the world, but how can that happen? I'm not familiar with potential of bitcoin even many here talk about it. Close friends don't wish nothing with bitcoins, and that push me away when I wish to invest in bitcoin, I think that many feel's like I do.
It does not matter what your friends think of the bitcoin and whether they want to invest in it or not, you should do what you think is right, if you think that bitcoin is a good investment and it has potential like everyone claims then go ahead and invest, many people don’t realize the fact that bitcoin can improve their financial state.

Because they don't know how to or they are too lazy to find out how bitcoins can free you from poverty. If everyone is claiming that something is good (and I'm saying this in general, not just bitcoins in particular), you will probably find it good as well. We're not some special snowflake that despise things.

I told my friend back then that bitcoins released me from poverty. He was all like "Meh. Okay dafuq. What a scammer". I was so disappointed in them that I just continued doing my thing. After a couple of months, I started to buy the things that I want although I can already afford it for a long time (like, months ago when I started bitcoins). And then all of a sudden, they got interested about bitcoins.

From a google quote: "First they laugh, then they copy." That's exactly what happened to me.  Cool
legendary
Activity: 1386
Merit: 1058
March 27, 2017, 03:51:08 AM
Some comments are very optimistic, that's what I noticed first. My opinion about bitcoin future is divided, I would like to cost more and to be adopted in the world, but how can that happen? I'm not familiar with potential of bitcoin even many here talk about it. Close friends don't wish nothing with bitcoins, and that push me away when I wish to invest in bitcoin, I think that many feel's like I do.
It does not matter what your friends think of the bitcoin and whether they want to invest in it or not, you should do what you think is right, if you think that bitcoin is a good investment and it has potential like everyone claims then go ahead and invest, many people don’t realize the fact that bitcoin can improve their financial state.
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