Is bitcoin is the new era of currency? - page 44.

twicezeroiszero

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Borderless for People, Frictionless for Banks

Quote from: Finestream on December 10, 2017, 08:37:44 PM

Quote from: gundala on December 10, 2017, 06:36:26 PM

Of course. bitcoin is designed to be effective in the future. now in some countries that legalize bitcoin, can use it to make payments. however, in order for the payment process as you mentioned it can be maximized, I have to have a system improvement where there is no pending during the transaction, and the fee for the transaction can be minimized.

That's the job of the miners, they the price is currently high because the value of bitcoin is increasing and I think that only problem now is the high transaction fee or the miners fee because everything else were working smooth. Soon we will perfect what we have notice now as the deficiency of the system and people trust that it will happen because we have seen big money are coming to invest for the future of bitcoin.

No, you are wrong.
The normal fees of Bitcoin is very small when the Bitcoin is still a cryptocurrency not famous.
I remember it just around 10k satoshi for transaction get confirm within one hour, but currently, look at the normal fee, ~30k-50k to get confirm within one hour and the Bitcoin value not low as the past.

Creating N Action

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Yes I agreed that bitcoin.is th new era of currency. Why? Because is now trending in worldwide. It is decentralize and it is obsolete. We all know that bitcoin is the popular crytocurrency.In bitcoin, we can need a long period of time to become a bitcoin millionaire. We need a hardwork so that we get more money that we can use it for our daily need and other financial problem. Bitcoin can use when we want to shopping. Though bitcoin is not yet new in other country, it is the new cryptocurrency now. In today's generation we are all dependent on the newly technology that's why this is the new cryptocurrency. Lastly, it is the new era of currency because we can now use bitcoin to the money transaction through the used of internet and gadgets.

chichiah

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I can say YES because it was a new way of currency how to transact your cash tru software/technology. It was one digital cash that you can transact like payment of bills and it was one of digital assets.

stormivy14

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Yes, bitcoin is the new era of currency. It is an innovation, many people around the world are amazed because of its a digital currency that worth so much, and easy to earn.

Gategold

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Yes, bitcoin is the new era of currency. Bitcoin is faster, valuable and more secure than real money. I heard that many countries are trying to adopt blockchain technology. It sign that bitcoin will replace the paper money.

Hy1085

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It can be after dealing with the enormous transaction fees, and the possibility to be hacked.

loof99

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 AM

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

Yes, there is no doubt for me that it will happen. When I saw the information about the exchanges between the bitcoin and local currencies,
it’s quite impressive because they execute wonderful performance. If they become consistent on what they doing, nothing is such impossible to them.

deepika the crypto girl

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We used gold for trading, then cash comes in picture, then net banking credit card/debit card /wallets. Now it’s bitcoin time. Change is the natural phenomenon, In next 10 years we would see something else. Nothing is impossible$$$$$$$$BITCOIN$$$$$$$$

Jf Annie

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 AM

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

I strongly believe it is. As we can use it as real currency so we can buy or cell it as well as exchange it with real currency. So its future is bright.

Ryanpogi

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possible, this bitcoin may be the currency to be because demand is rising. hopefully so It would make $ as we know it obsolete and it could become a global standard instead of having numerous currencies.

Finestream

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Quote from: gundala on December 10, 2017, 06:36:26 PM

Of course. bitcoin is designed to be effective in the future. now in some countries that legalize bitcoin, can use it to make payments. however, in order for the payment process as you mentioned it can be maximized, I have to have a system improvement where there is no pending during the transaction, and the fee for the transaction can be minimized.

That's the job of the miners, they the price is currently high because the value of bitcoin is increasing and I think that only problem now is the high transaction fee or the miners fee because everything else were working smooth. Soon we will perfect what we have notice now as the deficiency of the system and people trust that it will happen because we have seen big money are coming to invest for the future of bitcoin.

ellabanana

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Well, that's the aim of cryptocurrency and I believe it will be soonest already especially Bitcoin, it's gaining popularity nowadays.

iamKiko218

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Let me correct you that Bitcoin isn't that easy to earn. It needs much hardwork, patience, and determination to be able to earn it. Anyway, Bitcoin have been use as mode of payment in numerous websites over the internet in the past few years until now so it's not new anymore. In some countries, they also use bitcoin as payment when buying foods in a convenience store. For now, bitcoin will continue to be the form of payment on the internet only. Due to our government which has the power to decide on what currency a country will use in our daily lives, it's hard to say if it'll be the new era of currency that will replace our current currency now.

gundala

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Of course. bitcoin is designed to be effective in the future. now in some countries that legalize bitcoin, can use it to make payments. however, in order for the payment process as you mentioned it can be maximized, I have to have a system improvement where there is no pending during the transaction, and the fee for the transaction can be minimized.

cexylikepie

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Quote from: bryant.coleman on December 10, 2017, 12:26:55 PM

Quote from: danpaz on December 10, 2017, 12:07:11 PM

Bitcoin will be worlds currency and this is only happens if we fix some of the major problem involving transaction speed and its cost which is why also some are still doubting its future

Transaction fee and speed may be a major problem, but I don't think that cost per coin is a major issue. Because every Bitcoin is divisible by 100 million. This is an advantage which the other fiat currencies such as the United States Dollar and the Japanese Yen lack. So even if the price of Bitcoin increases to $100,000 per coin, it is not going to affect its usage.

This is true if you just use Bitcoin as an asset for trading and do not use Bitcoin for micro payment. Currently, Bitcoin is not useful to using as a currency. We should use Bitcoin for investment or trading and limit our transaction in Bitcoin as more as we can. The transaction fees always increases when the Bitcoin price increases.

ohlawdy

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- "Bitcore (BTX) - The Future is Now"

I think cryptocurrency are , i don't see btc as a currency right now. More something that holds value.
Maybe they can find a solution to the scalability of btc.

Fasdartin

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Quote from: Treshkilling on December 09, 2017, 10:07:31 AM

It's definitely a step forward in the global economy and Yes, it's the future currency, as it has several advantages compared to the present, such as for example, fast transactions and interest-free payment

I think bitcoin is can be a new era of currency because if you look around to your surrounding you see the changes of the world because of technology, so if bitcoin is only use in online, in a few years it can be use it as a alternative currency for any transaction that accept bitcoin as payment. And for now bitcoin used only in online, later on it will become new currency but if that happen accept the changing that might happen in bitcoin.

cryptosy

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Bitcoin is a currency,a digital currency which can access with the help of internet and tachnology. This is a new innovation that can make change especially in the world of economy.

tmawheba

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Yes we should accept that bitcoin is the new era of currency. We should upgrade ourselves according to the time and technology which bring changes in life we should and have to accept the next generation development which is cryptocurrency it will give us the freedom of holding money and give you the additional income by increasing the value of it is the revolution in currency that's why bitcoin the cryptocurrency is new era currency.

Sasuke102001

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Bitcoin was created with the view of it being the new era of currency and yes it bitcoin can be said to be on the way of becoming the new era of currency. But the current transaction fees and time taken by the transaction can pose a challenge to bitcoin being the new era of currency. itcoin has the potential to become the face of new world currency soon.

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