Probably no, but i we can't be sure, Japan is going to make bitcoin legal currency and maybe other counries will follow Japan and bitcoin become fiat this year.
I think only a few countries that would legalize bitcoin. see bitcoin has great potential jadio will only be a few countries or even no country has legalized bitcoin. bitcoin will not be fiat
Topic: If bitcoin price is $10.000, will fiat be worthless? - page 70. (Read 145035 times)
Probably no, but i we can't be sure, Japan is going to make bitcoin legal currency and maybe other counries will follow Japan and bitcoin become fiat this year.
I think only a few countries that would legalize bitcoin. see bitcoin has great potential jadio will only be a few countries or even no country has legalized bitcoin. bitcoin will not be fiatProbably no, but i we can't be sure, Japan is going to make bitcoin legal currency and maybe other counries will follow Japan and bitcoin become fiat this year.
I think only a few countries that would legalize bitcoin. see bitcoin has great potential jadio will only be a few countries or even no country has legalized bitcoin. bitcoin will not be fiat
Fiat will obviously still have some value, it's not really worthless,But by then the world economy will be going through hyper-inflation.
Probably no, but i we can't be sure, Japan is going to make bitcoin legal currency and maybe other counries will follow Japan and bitcoin become fiat this year.
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a paymentand users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
It doesnt really need reach other, but yes its a form of medium that people can accept since thats the only way value bitcoin.
If there was a way to convert every existing person who holds btc for free, then we already be starting a new generation of money.
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a paymentand users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
If bitcoin gains physical shape in future then it can challenge fiat to some extent, but I don't think we will ever see bitocin in physical shape and people who find using fiat easy will continue to use it.
I don't that bitcoin can ever get a physical shape and the most important thing is that its not possible for bitcoin to reach to $10k price and even if achieves it fiat will always be there.
I think that this is an impossible condition, because we give the same a value.
so we can change for something as actually cash that probably is worthless if you take old price respect today (1900-2000)
so we can change for something as actually cash that probably is worthless if you take old price respect today (1900-2000)
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a paymentand users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
If bitcoin gains physical shape in future then it can challenge fiat to some extent, but I don't think we will ever see bitocin in physical shape and people who find using fiat easy will continue to use it.
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a paymentand users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a paymentand users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a paymentand users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
I do not think so highly Bitcoin soar to 10,000 although I hope so) While earlier people did not think that he will be worth $ 10
Anything is possible, it may reach some day there in future, but even if we see that high price I don't think fiat will be worthless as fiat is basic necessity of many people.
Believe me in that time of journey from $700 to $1000, there are really "LOTS" of big rally that will happen so why bother to wait for $1000 if you can earn more by taking advantage of every price's big rally
Lol, this is the same logic that people follow when the price goes down and they start catching falling knives in the hope that there will surely be rebounds and they will exit with profit...
Overall, this approach doesn't work very well
It will work very well if you don't make it approachable. Make sense.
Believe me in that time of journey from $700 to $1000, there are really "LOTS" of big rally that will happen so why bother to wait for $1000 if you can earn more by taking advantage of every price's big rally
Lol, this is the same logic that people follow when the price goes down and they start catching falling knives in the hope that there will surely be rebounds and they will exit with profit...
Overall, this approach doesn't work very well
To earn profit is on every rally i close to impossible. Even if you follow and analyze even trend. Eventually the unexpected will happen. Which is the exact reason
Why i've chose to buy on hold for a longer period.
Then go. Hold your BTC1 today and wait for $1000. In my part I will not wait for that $1000 and will start doing circulation from now. Let' sees who will get the most profit. Remember that by holding only the value are increases and not it's quantity.
Please take in mind that a good trader doesn't hold for really a longer period of time. He can't accumulate more coins and increase it's quantity if it will just hold their coins. They will have more profit by taking part of every big price wave rather than to hold long.
But maybe it will takes a longer time until it will reach that you never know.
I dont think goverment will allow that, fiat is still main currency
Fiat will always be used by people unless the government of the most powerful country in the world will declare the cashless society.
Fiat will become the 1st choice currency but cashless society will be implemented.
Very simple and it only takes you 2 seconds to complete the transaction which is great of course.
It will be very difficult for Bitcoin to gain ground when it comes to paying with large amounts in retail stores.
With small amounts you don't need to wait for any confirmations but you will when the amount is getting higher.
Believe me in that time of journey from $700 to $1000, there are really "LOTS" of big rally that will happen so why bother to wait for $1000 if you can earn more by taking advantage of every price's big rally
Lol, this is the same logic that people follow when the price goes down and they start catching falling knives in the hope that there will surely be rebounds and they will exit with profit...
Overall, this approach doesn't work very well
It will work very well if you don't make it approachable. Make sense.
Believe me in that time of journey from $700 to $1000, there are really "LOTS" of big rally that will happen so why bother to wait for $1000 if you can earn more by taking advantage of every price's big rally
Lol, this is the same logic that people follow when the price goes down and they start catching falling knives in the hope that there will surely be rebounds and they will exit with profit...
Overall, this approach doesn't work very well
To earn profit is on every rally i close to impossible. Even if you follow and analyze even trend. Eventually the unexpected will happen. Which is the exact reason
Why i've chose to buy on hold for a longer period.
Then go. Hold your BTC1 today and wait for $1000. In my part I will not wait for that $1000 and will start doing circulation from now. Let' sees who will get the most profit. Remember that by holding only the value are increases and not it's quantity.
Please take in mind that a good trader doesn't hold for really a longer period of time. He can't accumulate more coins and increase it's quantity if it will just hold their coins. They will have more profit by taking part of every big price wave rather than to hold long.
But it is hard to predict and that is the problem.
I dont think goverment will allow that, fiat is still main currency
Fiat will always be used by people unless the government of the most powerful country in the world will declare the cashless society.
Fiat will become the 1st choice currency but cashless society will be implemented.
I believe in this project because it helps the people to do transactions of a very cheap price and we do away with bank transactions which mostly charges us with unreasonable amount.
I dont think goverment will allow that, fiat is still main currency
Fiat will always be used by people unless the government of the most powerful country in the world will declare the cashless society.
Fiat will become the 1st choice currency but cashless society will be implemented.
Believe me in that time of journey from $700 to $1000, there are really "LOTS" of big rally that will happen so why bother to wait for $1000 if you can earn more by taking advantage of every price's big rally
Lol, this is the same logic that people follow when the price goes down and they start catching falling knives in the hope that there will surely be rebounds and they will exit with profit...
Overall, this approach doesn't work very well
It will work very well if you don't make it approachable. Make sense.
Believe me in that time of journey from $700 to $1000, there are really "LOTS" of big rally that will happen so why bother to wait for $1000 if you can earn more by taking advantage of every price's big rally
Lol, this is the same logic that people follow when the price goes down and they start catching falling knives in the hope that there will surely be rebounds and they will exit with profit...
Overall, this approach doesn't work very well
To earn profit is on every rally i close to impossible. Even if you follow and analyze even trend. Eventually the unexpected will happen. Which is the exact reason
Why i've chose to buy on hold for a longer period.
Then go. Hold your BTC1 today and wait for $1000. In my part I will not wait for that $1000 and will start doing circulation from now. Let' sees who will get the most profit. Remember that by holding only the value are increases and not it's quantity.
Please take in mind that a good trader doesn't hold for really a longer period of time. He can't accumulate more coins and increase it's quantity if it will just hold their coins. They will have more profit by taking part of every big price wave rather than to hold long.
No it wouldnt happen if 1BTC=$10.000 maybe you mean $10k it still small for affect to fiat value, maybe if it was $1M then I think it will be a different story but I dont think btc will reach that
Even I don't think fiat will become worth less ever. no matter if bitcoin price will reach 1million $ also. (which is almost impossible) fiat will not be worthless. because local currency have its own value.. I know some countries where local currency have not any value against Dollar. like Afganistan and Iran.. so any other currency won't affect another currency.
When most of people are becoming to use bitcoin how we can expect fiats will be same as old days.
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