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Topic: Is bitcoin is the new era of currency? - page 66. (Read 72081 times)

full member
Activity: 798
Merit: 182
October 16, 2017, 07:24:28 AM
That is the main purpose when they created the coin, to have a new currency that is not controlled by any banks or country.
Now banks are interested in bitcoin technology, central banks are beginning to delve into bitcoin and the underlying blockchain technology that promises to speed up clearing and settlements. So no one can ignore that bitcoin is the new era of curreny, I we wouldn't need the worthless fiat.
sr. member
Activity: 1246
Merit: 285
October 16, 2017, 07:13:11 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?
Of course. but I'm not sure if we are still alive in those days. it would be nice to use bitcoin on all payments. and by that time, flying cars had become their transportation. that's what's in my head. Grin
sr. member
Activity: 560
Merit: 250
October 16, 2017, 07:04:34 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?

Bitcoin is not a new virtual currency that exists today because bitcoin already existed in 2009 and already has a selling price.
Only my bitcoin is known in the current year due to a surprising increase in selling prices every year.
member
Activity: 76
Merit: 10
October 16, 2017, 06:22:30 AM
Maybe. Bitcoin is the new era of currency. It can be bought and sold in exchange for traditional currency. Bitcoins will be transferred directly to the created personal account and can be readily use to purchase goods, services, other products and transactions online.
sr. member
Activity: 339
Merit: 250
October 16, 2017, 06:07:39 AM
I think so. bitcoin is something great. digital currency that really makes it easy for every user. and the popularity of bitcoin is now getting better.
sr. member
Activity: 336
Merit: 250
October 16, 2017, 05:52:10 AM
That is the main purpose when they created the coin, to have a new currency that is not controlled by any banks or country.
newbie
Activity: 41
Merit: 0
October 16, 2017, 05:47:21 AM
Prerequisite to be a forex I have go through that bitcoin can not be classified into a new currency. Even though it is japan permit or legalize there
member
Activity: 70
Merit: 10
October 16, 2017, 03:00:25 AM
Yes Bitcoin is the new era of currency. It is voluntary, decentralized, and open source. This money will only continue to grow and get better because of that and that's just what it's doing.

What about its volatility, for me as a merchant its very inconvenient to accept BTC for my product/service because people still tend to calculate everything in fiat and price of BTC changes very fast relative to fiat? BTW, are there any BTC-based projects who are trying to tackle this issue?
newbie
Activity: 56
Merit: 0
October 15, 2017, 05:40:12 PM
Since bitcoin is getting popular and getting utilised by numerous folks in the planet I feel this will be a possible type of currency before long and this will support many people in the world.And it has more characteristics and before long it will be a Socialized forex
sr. member
Activity: 459
Merit: 251
October 15, 2017, 03:43:39 PM
Yes Bitcoin is the new era of currency. It is voluntary, decentralized, and open source. This money will only continue to grow and get better because of that and that's just what it's doing.
full member
Activity: 462
Merit: 100
October 15, 2017, 02:16:49 PM
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?


Well you can say that. In my country we can already use bitcoin to load up our cellphones to call or send messages. So, I think in the future bitcoin can do more.
full member
Activity: 258
Merit: 100
October 15, 2017, 02:03:12 PM
Bitcoin captures a new era of currency, namely the digital currency, which provides people with additional opportunities, convenience, anonymity, accessibility and ease of management of crypto currency without any third parties. Crypto currency in recent years has so increased its influence in society, that now almost all states are forced to reckon with this force and try to establish rules for its circulation and can not prevent its further spread. The advantages of the crypto currency have already been assessed by the broad masses of the population of different countries, the demand for it has grown so much that it threatens the established financial and economic systems of different countries.
sr. member
Activity: 490
Merit: 250
October 15, 2017, 01:55:08 PM
using the new era of technology through internet connection the bitcoin as cryptocurrency is now very popuplar and trending worldwide the first digital currency using of fast and progressive system bitcoin can easy to used for the transaction bitcoin the new value in the world in currency and you can exchange into cash money.


Bitcoins are so developed and popular all over the world that for a few years or maybe a couple of years they will enter the market openly and maybe even partially replace the official currency. It seems to me that if the situation continues to develop, there is nothing to stop it.
hero member
Activity: 661
Merit: 500
October 15, 2017, 01:46:37 PM
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?
Once the demand and popularity skyrockets it can easily overcome low value currencies, and gain goodwill in the financial market. It will take some time before it becomes an Era of new currency, as it's still relatively obscure.
jr. member
Activity: 336
Merit: 2
October 15, 2017, 01:34:26 PM
Bitcoin is a very clear and clean currency which can be directly and easily converted to cash. bitcoin is a new value of currency on internet because now at most of the online work bitcoin is used for money exchange as it is more safe, secure and anonymous method of money transfer between peoples. I is new money for people who always do online transaction and it is in the same way for me a online currency. Yes we can use bitcoin to buy things or products. This is not about future many online shopping sits or stores have already started accepting bitcoin as a payment and now bitcoin has already taken place of currency in many places. So bitcoin has a great potential in it because of which it is used world wide as the biggest digital currency.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
October 15, 2017, 01:14:27 PM
Most people are already buying food and drinks with it, including myself.  Wink ... We have Bitcoin meetups at my local pub, and we buy beer

and food every time and we pay with Bitcoin. I also buy fast food at food vendors who accepts Bitcoin in my area. The problem in my

opinion is the legislation, where is some countries Bitcoin is not seen as a currency.  Angry

I also buy food, drinks and family purposes from my work from bitcoin. I have to exchange bitcoin to the currency in my country, because in my country there is no store that received payment with bitcoin.
Even you can use Bitcoin to purchase anything, do you want to spend a lot of money to pay the transaction fee and wait more 15 minutes for your transaction get confirm? Bitcoin is good for investment, but it is not useful when you use it for real-life or daily with current function of Bitcoin.
full member
Activity: 2548
Merit: 217
October 15, 2017, 12:19:54 PM
using the new era of technology through internet connection the bitcoin as cryptocurrency is now very popuplar and trending worldwide the first digital currency using of fast and progressive system bitcoin can easy to used for the transaction bitcoin the new value in the world in currency and you can exchange into cash money.
member
Activity: 70
Merit: 10
October 15, 2017, 11:34:52 AM
I'm very skeptical about one thing, check out this statistics: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
70% of all bitcoins are owned by less than 1% of all addresses. If bitcoin was supposed to be decentralized, how does this statistics support the decentralization case?
Some top miners could just make an agreement and corner the market for example, or perform the 51% attack, e.t.c.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
October 15, 2017, 10:56:10 AM
Is bitcoin is indeed the new era of currency and the rest of crypto though right now there are only limited establishment that is using bitcoin as a payment but as the community grow the adaptation of people with bitcoin will also grow. So who knows in the next 3 to 5 years all stores will accept bitcoin when we shop.

I think bitcoin is a new era of currency, but bitcoin has not been accepted by all countries, only a few countries have received bitcoin. I hope a few more years bitcoin will soon be accepted in my country.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
October 15, 2017, 10:33:28 AM
Most people are already buying food and drinks with it, including myself.  Wink ... We have Bitcoin meetups at my local pub, and we buy beer

and food every time and we pay with Bitcoin. I also buy fast food at food vendors who accepts Bitcoin in my area. The problem in my

opinion is the legislation, where is some countries Bitcoin is not seen as a currency.  Angry

I also buy food, drinks and family purposes from my work from bitcoin. I have to exchange bitcoin to the currency in my country, because in my country there is no store that received payment with bitcoin.
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