If bitcoin price is $10.000, will fiat be worthless? - page 54.

peta4e

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Quote from: mirakal on October 09, 2016, 09:02:42 PM

Quote from: AndySt on October 09, 2016, 08:42:09 PM

Quote from: Ziskinberg on October 09, 2016, 08:26:17 PM

Definitely and we can only achieve that if we continue to support bitcoin.
Our future is bright because more and more people are adopting with bitcoin and we are very bless that we belong to the early phase, now it will matter if we will take this opportunity to invest as in the future the price will certainly grow substantially and we will be able to earn from our investment.

The whole question of how long the process will take and there does not appear during this time a new alternative in the digital world.

In my opinion we cannot determine what would be the exact time it will happen, but of course if you are a bitcoin believer you are optimistic that the future of bitcoin will bring your profit with your investment. Just start to invest now, even if you will just slowly save in bitcoin that is already a great move.

Bitcoin definitely has a great future ahead so try to collect as much as you can at a moment as price will be much higher in future which will bring huge profits for you if you have enough bitcoins.

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Quote from: AndySt on October 09, 2016, 08:42:09 PM

Quote from: Ziskinberg on October 09, 2016, 08:26:17 PM

Definitely and we can only achieve that if we continue to support bitcoin.
Our future is bright because more and more people are adopting with bitcoin and we are very bless that we belong to the early phase, now it will matter if we will take this opportunity to invest as in the future the price will certainly grow substantially and we will be able to earn from our investment.

The whole question of how long the process will take and there does not appear during this time a new alternative in the digital world.

In my opinion we cannot determine what would be the exact time it will happen, but of course if you are a bitcoin believer you are optimistic that the future of bitcoin will bring your profit with your investment. Just start to invest now, even if you will just slowly save in bitcoin that is already a great move.

AndySt

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Quote from: Ziskinberg on October 09, 2016, 08:26:17 PM

Definitely and we can only achieve that if we continue to support bitcoin.
Our future is bright because more and more people are adopting with bitcoin and we are very bless that we belong to the early phase, now it will matter if we will take this opportunity to invest as in the future the price will certainly grow substantially and we will be able to earn from our investment.

The whole question of how long the process will take and there does not appear during this time a new alternative in the digital world.

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Quote from: BeGoods on October 09, 2016, 07:28:37 PM

Quote from: Hamtard on October 04, 2016, 12:30:19 PM

Quote from: BeGoods on October 04, 2016, 07:12:59 AM

Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

I think prices will play an important role for the survival of bitcoin itself, it seems you should see a thread about "bitcoin does price matter?" you can see how high prices could increase the level of interest in bitcoin users to use, so the high prices will be necessary,

If the bitcoin price keeps on rising, people's will be interested in it and it will be used quite a lot.

thats true high prices will add interest for someone to use bitcoin, but I think that the price of $ 10k would be impossible to happen? although I hope it happens because it can provide many benefits for everyone, but I think the price it would be difficult to grasp

Definitely and we can only achieve that if we continue to support bitcoin.

Our future is bright because more and more people are adopting with bitcoin and we are very bless that we belong to the early phase, now it will matter if we will take this opportunity to invest as in the future the price will certainly grow substantially and we will be able to earn from our investment.

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Quote from: Hamtard on October 04, 2016, 12:30:19 PM

Quote from: BeGoods on October 04, 2016, 07:12:59 AM

Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

I think prices will play an important role for the survival of bitcoin itself, it seems you should see a thread about "bitcoin does price matter?" you can see how high prices could increase the level of interest in bitcoin users to use, so the high prices will be necessary,

If the bitcoin price keeps on rising, people's will be interested in it and it will be used quite a lot.

thats true high prices will add interest for someone to use bitcoin, but I think that the price of $ 10k would be impossible to happen? although I hope it happens because it can provide many benefits for everyone, but I think the price it would be difficult to grasp

peta4e

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Quote from: Noctis Connor on October 05, 2016, 08:48:14 AM

Quote from: iqlimasyadiqa on September 10, 2016, 08:24:00 AM

for me not. because bitcoin has its place, respectively. bitcoin digital currency is currently on computerized ecosystem.
bitcoin price increase will not affect the financial system in the world.

i think usd affects the price of bitcoin when the usd are strong or increase the bitcoin price too is increasing right ? i think bitcoin will be more strong after the election in US not sure with this but maybe bitcoin will be increase you are right there that bitcoin is on currently computerize and i will be help economy worlds soon.

Yeah even I think that price will rise after the US election but it will not affect fiat in any sense I guess, as it can make fiat worthless only if maximum people gets switch to bitcoin but that is not happening at a moment.

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Quote from: iqlimasyadiqa on September 10, 2016, 08:24:00 AM

for me not. because bitcoin has its place, respectively. bitcoin digital currency is currently on computerized ecosystem.
bitcoin price increase will not affect the financial system in the world.

i think usd affects the price of bitcoin when the usd are strong or increase the bitcoin price too is increasing right ? i think bitcoin will be more strong after the election in US not sure with this but maybe bitcoin will be increase you are right there that bitcoin is on currently computerize and i will be help economy worlds soon.

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Quote from: BeGoods on October 05, 2016, 08:04:00 AM

Quote from: Hamtard on October 04, 2016, 12:30:19 PM

Quote from: BeGoods on October 04, 2016, 07:12:59 AM

Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

I think prices will play an important role for the survival of bitcoin itself, it seems you should see a thread about "bitcoin does price matter?" you can see how high prices could increase the level of interest in bitcoin users to use, so the high prices will be necessary,

If the bitcoin price keeps on rising, people's will be interested in it and it will be used quite a lot.

thats true high prices will add interest for someone to use bitcoin, but I think that the price of $ 10k would be impossible to happen?
although I hope it happens because it can provide many benefits for everyone, but I think the price it would be difficult to grasp

We don't know whether bitcoin can ever achieve that price in future or not and even if it touches that price then people will prefer to convert it to fiat as everyone needs paper money for their day to day usage.

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Quote from: Hamtard on October 04, 2016, 12:30:19 PM

Quote from: BeGoods on October 04, 2016, 07:12:59 AM

Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

I think prices will play an important role for the survival of bitcoin itself, it seems you should see a thread about "bitcoin does price matter?" you can see how high prices could increase the level of interest in bitcoin users to use, so the high prices will be necessary,

If the bitcoin price keeps on rising, people's will be interested in it and it will be used quite a lot.

thats true high prices will add interest for someone to use bitcoin, but I think that the price of $ 10k would be impossible to happen?
although I hope it happens because it can provide many benefits for everyone, but I think the price it would be difficult to grasp

Sandroxa

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Off course wont the fiat be worthless because fiat is also uised by lots of peopel and they also want to use bitoins so they canuse both to make money with both you will never know the price fo te fiat when the price of the bitcoin is 10k

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Quote from: michelle1845 on September 03, 2016, 08:14:15 PM

Yes, it could be worthless, but it would take time to achieve this... many people still will continue to use fiat money for many years, before that happen.

Indeed fiat has been existing for very long right now and they have a very big foundation which you can't just hit trough.
For fiat to be worthless there needs to be a big chain of events in alot of years or else it will not happen at all. I don't think bitcoin could make fiat worthless.

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Quote from: hakanbalta577 on October 05, 2016, 12:35:56 AM

My vote is no and as i expexted many others 89% also do think the same because fiat has its own market and it doesnt matter whatever the price of bitcoin will reach i can never ever replace the fiat currency because its not only depends upon price but there are other different features of fiat as well and most important thing is worldwide accpetance.

Yeah it is a no because whatever is going to be the value of one bitcoin still fiat will remain unless the government is going to make the fiats will be useless. And if they are going to spread a news that fiat is not anymore usable then for sure that is the time when bitcoin is going to be usable. But as of today, fiats will be fiats and will be used.

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My vote is no and as i expexted many others 89% also do think the same because fiat has its own market and it doesnt matter whatever the price of bitcoin will reach i can never ever replace the fiat currency because its not only depends upon price but there are other different features of fiat as well and most important thing is worldwide accpetance.

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Quote from: ajun96 on October 04, 2016, 08:25:43 PM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

I agree with you, how high the price of bitcoin was not going to make bitcoin defeated fiat fiat or shifting of position, I think adoption would be more important than the high price of bitcoin, so if the adoption goes well it will be better than the high price of bitcoin

It would really need an enormous adoption on bitcoin for which it would reach it price $10k per coin which is too high to speculate though but as i said earlier even how bitcoin would be developed theres still no chance that it would replace fiat on its place.

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Quote from: HarryKPeters on December 13, 2015, 10:04:13 AM

It won't become useless, governments will find a way to use fiat in their favor. You're still going to need fiat to exchange your bitcoins.
It will take years for the whole world to adapt to bitcoin.

And not gonna happen that fiat will be worthless because in the first place bitcoin is still dependent in fiat, the value is measured in dollars so we need to be smart of asking questions that is non sense. The final answer is bitcoin will not replace fiat or will ever make fiat worthless now and in the future.

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Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

I agree with you, how high the price of bitcoin was not going to make bitcoin defeated fiat fiat or shifting of position, I think adoption would be more important than the high price of bitcoin, so if the adoption goes well it will be better than the high price of bitcoin

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Quote from: blackmachinegun on October 04, 2016, 06:03:26 PM

Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

nope i think high prices will be necessary to exist on bitcoin, I'm not sure users will continue to use bitcoin bitcoin when prices are very low or moderate,
the greater the price of bitcoin, the more users will come imo

The greater the price of Bitcoin the more money the early adopters make, but there isn't really all that much to back up the concept that more people will flock to Bitcoin if the value goes up. For all we know it will drive away people because they view it as too expensive or not worth taking part in.

As long as Bitcoin doesn't go low and slowly grows at the very least, people will keep using it.

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Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

nope i think high prices will be necessary to exist on bitcoin, I'm not sure users will continue to use bitcoin bitcoin when prices are very low or moderate,
the greater the price of bitcoin, the more users will come imo

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Quote from: BeGoods on October 04, 2016, 07:12:59 AM

Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

I think prices will play an important role for the survival of bitcoin itself, it seems you should see a thread about "bitcoin does price matter?" you can see how high prices could increase the level of interest in bitcoin users to use, so the high prices will be necessary,

If the bitcoin price keeps on rising, people's will be interested in it and it will be used quite a lot.

BeGoods

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Quote from: dezoel on October 04, 2016, 05:40:51 AM

Quote from: Zadicar on October 04, 2016, 05:36:28 AM

Quote from: coynedterm on October 04, 2016, 01:40:52 AM

Quote from: virtualx on December 13, 2015, 05:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

Yes and fiat will always exist no matter how higher price bitcoin achieves in future as there are many people who will prefer to use only fiat and won't bother about bitcoins.

I think prices will play an important role for the survival of bitcoin itself, it seems you should see a thread about "bitcoin does price matter?" you can see how high prices could increase the level of interest in bitcoin users to use, so the high prices will be necessary,

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