Bitcoin going to 10k today/. Get ready for the biggest pump you've ever seen.
legendary ? u sure ? how people loan use btc ? , you so kill much many people human .Is that supposed to be English?
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 39. (Read 145078 times)
Is that supposed to be English?
If the price of bitcoins was to go that high hodlers and most bitcoiners will be selling off their bitcoins for fiat and might cause more demand for fiat itself but I think this would negatively affect the bitcoin price as their would be more supply than demand causing the bitcoin price to drop faster than imagined!!
People are just securing profits. They have been doing that at the time the price jumped from a few bucks to like $100, and it still happens. Did it impact Bitcoin negatively? Nope. As long as the demand is increasing, which I am sure it will continue to happen in the coming years, then we'll be enjoying the higher going price for a couple of more years. Especially when you consider that the store of value aspect that allows people to store money outside the banking and governmental system, is only getting more interesting in current times where people get sick and tired of the interference from governments. Bitcoin is the ultimate safe haven tool.
I dont agree with that. Fiat cant be worthless even if bitcoin reaches that price how many years we have been using fiat in our daily transactions even the bitcoin appear in past years.
It wont really happen since bitcoin is getting its value from fiat and how would fiat would become worthless? If it would become useless then bitcoin might be considered as the global currency but i think it wont happen anytime soon. Fiat would still remain since its been regulated byt the government and they would not let this thing to happen for sure. It would be used for more generations and will still exist no matter what.Yes it is not going to happen as we already using fiat in the long run and the government will not even agree that they will devalue fiat just because of bitcoin. Because bitcoin is still decentralized and the government doesn't have power to control the supply and regulate it.
Fiat gets used for a long time. As quoted above because of decentralized nature bitcoin cannot be regulated by government but it can ban into their country. In this way can regulate the reduction in supply. In this manner it can be slowed down even if the serials similar to currency were made for respective coins.
If the price of bitcoins was to go that high hodlers and most bitcoiners will be selling off their bitcoins for fiat and might cause more demand for fiat itself but I think this would negatively affect the bitcoin price as their would be more supply than demand causing the bitcoin price to drop faster than imagined!!
This is the result if bitcoin price will get more higher than the spected price we need fiat to sell off our bitcoin and fiat is the only way where we can trade our bitcoin into real money and use that as physical money to buy some of our needs and to supply our monthly expenses. 
how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less"if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ?
hmm , but the serial number of each production btc indispensable , BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil, then what about mining that generate new BTC? how new blocks appear? , if in my opinion, BTC can still be manipulated , if the value of BTC remains 1 billion in circulation, while the real money to bolster the existing BTC 1000 bilion $ , then there will be a monopoly in the BTC itself, there is no fall in the price of BTC
if you curious about how new blocks were made then you should read this : http://bitcoin.stackexchange.com/questions/7330/whats-the-process-of-creating-a-block-on-the-blockchain
By the way what is "BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil" Maybe you forgot to switch your translator?
how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less"if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ?
hmm , but the serial number of each production btc indispensable , BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil, then what about mining that generate new BTC? how new blocks appear? , if in my opinion, BTC can still be manipulated , if the value of BTC remains 1 billion in circulation, while the real money to bolster the existing BTC 1000 bilion $ , then there will be a monopoly in the BTC itself, there is no fall in the price of BTC
if you curious about how new blocks were made then you should read this : http://bitcoin.stackexchange.com/questions/7330/whats-the-process-of-creating-a-block-on-the-blockchain
By the way what is "BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil" Maybe you forgot to switch your translator?
Bitcoin going to 10k today/. Get ready for the biggest pump you've ever seen.
legendary ? u sure ? how people loan use btc ? , you so kill much many people human .
Bitcoin going to 10k today/. Get ready for the biggest pump you've ever seen.
how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less"if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ?
hmm , but the serial number of each production btc indispensable , BTC dapat betapa berharganya karena ada dukungan keuangan dari uang riil, then what about mining that generate new BTC? how new blocks appear? , if in my opinion, BTC can still be manipulated , if the value of BTC remains 1 billion in circulation, while the real money to bolster the existing BTC 1000 bilion $ , then there will be a monopoly in the BTC itself, there is no fall in the price of BTC
how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less"if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ?
how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question if whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less"if whether if " hehe , verynice argument , but how the circulation real money ? " if and only if " btc have serial number , such as money ?
how long ? , 10 years ? , but where money real ?
In that main post. it's use "If" so it's considered as conditional sentence and no need to be happen,it's just a question whether if the price reached $10,000 what's gonna happening to the fiat. if you're waiting for it maybe it will need time more than 10 years to be realized or even less
how long ? , 10 years ? , but where money real ?
I dont agree with that. Fiat cant be worthless even if bitcoin reaches that price how many years we have been using fiat in our daily transactions even the bitcoin appear in past years.
It wont really happen since bitcoin is getting its value from fiat and how would fiat would become worthless? If it would become useless then bitcoin might be considered as the global currency but i think it wont happen anytime soon. Fiat would still remain since its been regulated byt the government and they would not let this thing to happen for sure. It would be used for more generations and will still exist no matter what.Yes it is not going to happen as we already using fiat in the long run and the government will not even agree that they will devalue fiat just because of bitcoin. Because bitcoin is still decentralized and the government doesn't have power to control the supply and regulate it.
They won't devalue fiat because of bitcoin
The thought of Bitcoin may not even cross their minds when they would be going to dump their currency. Governments may want to devalue national currencies for a lot of reasons. For example, the common cause is trade imbalance, i.e. a country may be exporting more goods than it imports, and thus it is forced to balance exports and imports through currency devaluation. But that doesn't in the least mean Bitcoin cannot profit from these devaluations handsomely as it already does
I dont agree with that. Fiat cant be worthless even if bitcoin reaches that price how many years we have been using fiat in our daily transactions even the bitcoin appear in past years.
It wont really happen since bitcoin is getting its value from fiat and how would fiat would become worthless? If it would become useless then bitcoin might be considered as the global currency but i think it wont happen anytime soon. Fiat would still remain since its been regulated byt the government and they would not let this thing to happen for sure. It would be used for more generations and will still exist no matter what.Yes it is not going to happen as we already using fiat in the long run and the government will not even agree that they will devalue fiat just because of bitcoin. Because bitcoin is still decentralized and the government doesn't have power to control the supply and regulate it.
I dont agree with that. Fiat cant be worthless even if bitcoin reaches that price how many years we have been using fiat in our daily transactions even the bitcoin appear in past years.
It wont really happen since bitcoin is getting its value from fiat and how would fiat would become worthless? If it would become useless then bitcoin might be considered as the global currency but i think it wont happen anytime soon. Fiat would still remain since its been regulated byt the government and they would not let this thing to happen for sure. It would be used for more generations and will still exist no matter what. 
I dont agree with that. Fiat cant be worthless even if bitcoin reaches that price how many years we have been using fiat in our daily transactions even the bitcoin appear in past years.
No i dont think that fiat would be worthless when the bitcoin price goes up at 10k$. First thing is you will be converting bitcoin into fiat to be able to spend it your country. You can only use bitcoin online,but fiat is the well known currency we used in different country.
It does not work that way because the price of bitcoin is basically base on fiat, without fiat bitcoin would not reach that amount. Just by simply understanding that bitcoin will never be the mainstream currency like what others are thinking will make us appreciate the value of fiat and bitcoin.I would agree, bitcoin can't be mainstream currency which over 20% people of the population on this planet will use it, since bitcoin designed as alternative currency and have limited supply.
Government will not just let their currency fall, it's have been here since the 11th century when first time paper money introduced.
many weaknesses for bitcoin because it is really needs internet to be make transaction.. there is some place that there is still no internet.. like in our province here in my country.. you need to go to the top of the hill before you can get a signal for internet..
For places which has physical problems to get internet, bitcoin may not be popular and worth using. That is a good reason why fiat stills rules large in those countries and people dont get the basic internet facilities yet. However times are changing and we may soon see better amenities of life with improved conditions later on.
In these godforsaken places even fiat couldn't be used efficiently
Just imagine that all purchases as well as any other financial transaction should be carried out with cash money exclusively. If you wanted to transfer a certain amount to someone, that would require physical movement of bills from one place to another, i.e. transfer of funds in the literal sense of the word. Without proper means of communication any money would suck heavily, and organizing circulation of money would be hell in and of itself
If the price of bitcoins was to go that high hodlers and most bitcoiners will be selling off their bitcoins for fiat and might cause more demand for fiat itself but I think this would negatively affect the bitcoin price as their would be more supply than demand causing the bitcoin price to drop faster than imagined!!
That's not true. If bitcoin's price is 10,000$, it's most probably because people have been using it for so long already and mass adoption has already happened. People wouldn't do panic selling and even create a significant demand for fiat because the price of bitcoin wouldn't increase this much by just a short period of time. It would take years for bitcoin to reach this price and bitcoin holders would most likely to hold their coins even longer because the price is already high. They would just withdraw sufficient amount of bitcoins for them to buy stuffs that they want. They don't have to withdraw all of them at once.
Internet its something that in the next years should be at all places, and if not for free it will require a small fee to use it, the world its conected and this is something wont change. A big value of each bitcoin will make harder to the most to get them, im not able to get 1 btc at the current price, i cant imagine buying it with those value. Fiat will be always used, some people dont trust internet, others dont know how a computer works, this should change on the next 20 years, since young people will help.
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