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Topic: Is bitcoin is the new era of currency? - page 77. (Read 72081 times)

sr. member
Activity: 505
Merit: 250
August 13, 2017, 01:19:20 PM
Bitcoin began to deserve to be called (digital) currency in new era. Because all current financial activities rely on internet technology, and bitcoin is cost effective, time saving and fast sparing solution in process.
full member
Activity: 360
Merit: 100
August 13, 2017, 12:36:11 PM
I think so. Bitcoin now being popular because of it's easy and hassle-free transactions, and as the time goes by getting bigger and bigger, it is no doubt will be the new era of currency, and as time passes by, people using technologies having access on the internet will surely tend to rely on bitcoins for transactions that require less work.
hero member
Activity: 778
Merit: 500
August 13, 2017, 12:14:26 PM
Yes i agree with your opinion as it has many advantages over paypal, bitcoin is open source too thats why anyone can contribute to help bitcoin grow and be stable as paypal is a private company And the improvements are based on the company's goals and mission.

Paypal still hold a major market share in online commerce and it will hold it's share (decreasing though) unless bitcoin goes mainstream. Be it bitcoin or an altcoin, the days for Paypal are counted.
sr. member
Activity: 336
Merit: 250
August 13, 2017, 11:43:15 AM
Bitcoin is already the new currency used to purchase goods and anything you want on internet whether is it legal or illegal !
We are already in the new era and already living the dream of free decentralized money .
The problem here is the lack of knowledge of this new cryptocurrencies field , lots of people worldwide don't even know the existence of this whole new "thing" . Introducing them to it is the 1st step towards the future .
full member
Activity: 196
Merit: 100
August 13, 2017, 11:22:55 AM
Yes i agree with your opinion as it has many advantages over paypal, bitcoin is open source too thats why anyone can contribute to help bitcoin grow and be stable as paypal is a private company And the improvements are based on the company's goals and mission.
hero member
Activity: 924
Merit: 512
August 13, 2017, 11:05:23 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?

No doubt bitcoin is the new currency and the currency for the future as well.

Bitcoin is about to change the whole financial world because more people are starting to believe in it despite the price volatility.

Bitcoin is decentralized, very soon it will change how people use money from "paper currency" to digital currency which is true cashless economy.   


We know this more clearly but why bitcoin is consider like this. Still, why bitcoin is not been adopted my developed countries in the world. There is big politics behind this is happening. I want China to take up bitcoin as the national currency to damage the European economy more properly.
hero member
Activity: 980
Merit: 507
August 13, 2017, 11:01:30 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?
Not yet, but can be the new era of currencies in the future if and only if a few countries try to officiallise it,then yes it can be. Then you can buy all the food you want using bitcoin in the future. Just because it is popular and definitely NOT earned easily it cannot be a new era of currencies just like that.
newbie
Activity: 14
Merit: 0
August 13, 2017, 10:57:01 AM
I think bitcoin is the first cryptocurrency ever. And it is the new era of currency. By earning it on the internet through campaigns, blogs and medias. But I can't agree with you that it is easy earning bitcoin. Cry
copper member
Activity: 658
Merit: 284
August 13, 2017, 10:47:21 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?

No doubt bitcoin is the new currency and the currency for the future as well.

Bitcoin is about to change the whole financial world because more people are starting to believe in it despite the price volatility.

Bitcoin is decentralized, very soon it will change how people use money from "paper currency" to digital currency which is true cashless economy.   
hero member
Activity: 686
Merit: 500
August 12, 2017, 05:57:01 PM
Yes, bitcoin is the gold of the new era.
If we're talking about the new value of currency in the internet, there are several cryptocurrencies except Bitcoin and Bitcoin is the most popular of them but I can't tell it the new value of currency so soon we've got a long way to go.
We are dreaming about the new money and Bitcoin is a candidate for that. It is still not legally accepted as a form of exchange I think it's too early to say that BTC is the new money.
If we're talking about if we can use it to buy foods and etc. Definitely yes, there are stores and banks that accepts Bitcoin I can name a few if you let me. But the point is, it is being used in some services and it can be use as an exchange to buy things. Don't worry Bitcoin are being used in that kind of things.

There are obviously tons of real world applications for Bitcoin, but it seems like most people now just want to buy it and hold onto it hoping to be millionaires in a couple years. No one wants to wind up like the pizza guy. Do you think that the fact that Bitcoin could eventually be worth 25k+ a coin will stop people from actually using it as a daily currency?

I can't imagine that it would stop people from spending BTC, but it may make them think twice about it. I don't think that there will ever be another "Pizza Guy", but there will always be people who wish they had just held onto it.


Just imagine a guy spending his bitcoin BTC0.01 every month is just for me a big loss. Imagine that every year he spends almost BTC0.12. Then it would be very upsetting that after a few years, it's equal value is  $1000.
it’s not that much loss as you say, we buy bitcoin to make your life better so far making life better we have to spend bitcoins to full fill our wishes. Spending 0.01 bitcoin per month is not a big loss it is good way to use bitcoin. If I had bitcoin then I might also spend them in this way, and make my children happy and give them everything they want.
sr. member
Activity: 484
Merit: 251
August 12, 2017, 12:27:53 PM
Yes Bitcoin has all the potential to be a new era of currency. I believe some other altcoins also have this potential. More importantly, bitcoin brought a huge shift of how we think about money. More and more people realize the usefulness of crypto money. The total usage and market cap is very small compared to classic currencies but this is changing day after day.

Today we are already at 130bn+ USD total marketcap

And this is how it looked around the date this post was made last year... Compare the two and think a little how much money poured into the crypto world in 11 months.
https://coinmarketcap.com/historical/20160918/

Hope that it will soon be legalized in many countries around the world. Bitcoin is good and it needs to be used as a legal currency. Many people are expecting to use bitcoin in anywhere and buy anything with their bitcoin. If it happens, the price of bitcoin will be over $20000
member
Activity: 114
Merit: 10
August 12, 2017, 12:13:11 PM
The era to which bitcoin belongs is the digital era. There is no other digital coin right now that is as trusted as bitcoin. And so there is no other coin in the new era but bitcoin.
member
Activity: 78
Merit: 10
Linux Geek
August 12, 2017, 12:10:03 PM
I firmly believe that bitcoin is sort of like a new radio/telephone/TV, an innovation quite possibly as big as the internet. I believe goverments will not run money in the future. Bitcoin is here to stay and there is no stopping it.
newbie
Activity: 29
Merit: 0
August 12, 2017, 11:51:31 AM
Yes Bitcoin has all the potential to be a new era of currency. I believe some other altcoins also have this potential. More importantly, bitcoin brought a huge shift of how we think about money. More and more people realize the usefulness of crypto money. The total usage and market cap is very small compared to classic currencies but this is changing day after day.

Today we are already at 130bn+ USD total marketcap

And this is how it looked around the date this post was made last year... Compare the two and think a little how much money poured into the crypto world in 11 months.
https://coinmarketcap.com/historical/20160918/
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
August 12, 2017, 11:16:40 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 the new currency you may now use it to buy a lot of things online and with latest global trend very soon Bitcoin will dominates the financial world. 
Since we are living in the modern era where every thing is digital we can say that bitcoin is the new currency because it has a lot of advantages such as fast transactions online on buying things but it can never replace the actual money because it can be bigger than that.
I dont know if i am right about this, But i believe was the first crypto currency in the system and its invention ushered in the era of cryptocurrencies and now we have a lot of them now and there is more coming into the world now. Crypto Currency is definitely the future.
sr. member
Activity: 406
Merit: 253
August 12, 2017, 11:07:13 AM
Bitcoin is a new opportunity. To the era of crypto currency, you need a lot of changes. On the market the crypto currency bitcoin does a lot of competitors. Now they are still very behind, but if nothing is done then bitcoin could lose the shirt of the leader.
full member
Activity: 462
Merit: 102
August 12, 2017, 11:06:05 AM
As long as my memory serves me well, bitcoin is the only currency exist in internet. Bitcoin as the first crypto currency surpass all imaginable trends in virtual world. It is ended the new era of unpredictable existence and evolutions.
newbie
Activity: 21
Merit: 0
August 12, 2017, 11:00:24 AM
Yeah, for me this is indeed a true revolution. Bitcoin is changing everything is payment, it is definitely a new era. Brace yourself that you are in so early, because yes, we are still early investors.
hero member
Activity: 1680
Merit: 655
August 12, 2017, 10:50:12 AM
We can consider it as one because other than fiat currency and credit cards this is one of the major movements that push our generation to obtain a new and unique way to pay. Bitcoin is a new currency who also has a value in its fiat counterpart, we are now seeing Bitcoin as some kind of currency from online shops accepting it to local stores making it a mode of payment I can say Bitcoin is a mode of payment.
sr. member
Activity: 1050
Merit: 252
August 12, 2017, 10:46:52 AM
Of course bitcoin is a new innovation of digital currencies capable of functioning equivalent to fiat currencies
in terms of digital currency yes bitcoin can make that functions but in most uses fiat still recognize as the main one, we really cant change that fact
that bitcoin is just another system to help out fasten the transactions though we are looking forward for more improvement out from this new
innovative currency.
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