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Topic: Is bitcoin is the new era of currency? - page 79. (Read 72081 times)

sr. member
Activity: 584
Merit: 256
August 11, 2017, 12:01:33 PM
I think Bitcoin has created a new era of currency. basically, Bitcoin has created a massive platform to make money by doing or making an investment in this sector. it has added huge price value so that people have got financially benefitted through this segment.it is also considered as a most profitable sector for saving and investment that is why Bitcoin has been considered as a pioneer of this virtual world.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 11, 2017, 11:52:41 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 a big possibility that bitcoin can become the new era of currency. It maybe right now is not that powerful like dollar but in the near
future bitcoin has a criteria to surpass dollar soon. But not in this generation but someday, I guess I'm still alive by when that times has come Cheesy

The problem is most of us think of it right now as a commodity. Currencies dont have a large price like this, and maybe that is why we think of it like gold.
For me, it is okay for now to be like that. But at the end of the day it must become a currency for all.
Upgrades will come and I think that will be the key for it to be lined up with other currency.
Even if just an online one, which is being accepted by different known merchants like amazon and ebay.  Grin
This is not exactly correct there are big denomination bills if I remember correctly there was even a 100k dollar bill at some point, if bitcoin becomes to valuable we could use mBTC or even lower units of account in order to more fully understand the price of bitcoin.
full member
Activity: 238
Merit: 100
August 10, 2017, 09:02:11 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.
newbie
Activity: 56
Merit: 0
August 10, 2017, 02:50:53 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.
member
Activity: 71
Merit: 10
August 10, 2017, 02:35:46 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?
legendary
Activity: 1092
Merit: 1001
August 10, 2017, 02:26:28 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.
member
Activity: 71
Merit: 10
August 10, 2017, 02:23:05 PM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
Money will not disappear forever, you have a wide prediction and I think it will not gonna happen.
Despite seeing the better price now, I am still not convince that there is a big population of the world already who have adopted with bitcoin.

Do you think the fact that it is now 3k + a coin will attract more people to invest in bitcoin or will it maybe push them towards smaller alt coins? 3k is a lot for most people and even though a lot of people are predicting it will eventually hit 25k+ it is probably hard to convince yourself to get started on something you already missed the boat on.

I was having this conversation with someone the other day. It's looking pretty likely that an investment of any size in bitcoin will pay off at this point, but it is hard to convince people that aren't already on board for crypto that paying over $3000 for one Bitcoin is a good investment. I do know a bunch of people who are interested in the smaller altcoins though like LiteCoin and NEO. Less risk I guess.

I think it's going to be hard to convince the older generation that crypto is the future, they want to be able to hold it.

That is pretty much exactly what my dad said about it. I have tried convincing him, showed him charts, how much I have made vs. my initial investment, etc, he just cant get past the fact that he cant physically pick it up. That obviously isn't everyone from that generation, but it's probably a pretty big percentage.
newbie
Activity: 56
Merit: 0
August 10, 2017, 02:16:15 PM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
Money will not disappear forever, you have a wide prediction and I think it will not gonna happen.
Despite seeing the better price now, I am still not convince that there is a big population of the world already who have adopted with bitcoin.

Do you think the fact that it is now 3k + a coin will attract more people to invest in bitcoin or will it maybe push them towards smaller alt coins? 3k is a lot for most people and even though a lot of people are predicting it will eventually hit 25k+ it is probably hard to convince yourself to get started on something you already missed the boat on.

I was having this conversation with someone the other day. It's looking pretty likely that an investment of any size in bitcoin will pay off at this point, but it is hard to convince people that aren't already on board for crypto that paying over $3000 for one Bitcoin is a good investment. I do know a bunch of people who are interested in the smaller altcoins though like LiteCoin and NEO. Less risk I guess.

I think it's going to be hard to convince the older generation that crypto is the future, they want to be able to hold it.
legendary
Activity: 1274
Merit: 1004
August 10, 2017, 02:06:52 PM
of course, Bitcoin is all about new era but it's just a vision of what we will get in our upcoming future. in around 10years we can see real future in front of our eyes. we can transact money from the air by just swiping our fingers in the air without having a mobile no need to keep those boring computers they will follow you where ever you go. I am a developer and I am 18 I have the understanding of what is possible now and if it is developed more what can we achieve.
hero member
Activity: 826
Merit: 529
August 10, 2017, 01:52:19 PM
I think so...
Bitcoin has created a new platform as a currency. It has added huge price value. So that many people have got much profit from this system. Not only that but also, Bitcoin is becoming a profitable and popular currency day by day. So it can be said that, Bitcoin has created a new era of a currency.
member
Activity: 71
Merit: 10
August 10, 2017, 01:45:03 PM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
Money will not disappear forever, you have a wide prediction and I think it will not gonna happen.
Despite seeing the better price now, I am still not convince that there is a big population of the world already who have adopted with bitcoin.

Do you think the fact that it is now 3k + a coin will attract more people to invest in bitcoin or will it maybe push them towards smaller alt coins? 3k is a lot for most people and even though a lot of people are predicting it will eventually hit 25k+ it is probably hard to convince yourself to get started on something you already missed the boat on.
sr. member
Activity: 798
Merit: 253
August 10, 2017, 12:51:37 PM
It is becoming step by step a new currency for the digital world. It won't change fiat, but it's value could  make people start showing interest on this amazing coin, and it could be the new era in the history of currency.
yeah I do agree it is being step by step it is time to take a good step to earn through the currency of the era the bitcoin, it will be beneficial to you and it will increase the popularity of the bitcoin through it you will get a good income if you will spend time with bitcoin you will learn more and more process to make money today money is the need of the era and the bitcoin is the source for it  if you are good at bitcoin then you can spend a good life even if you don’t have good income.
hero member
Activity: 2590
Merit: 644
August 10, 2017, 03:50:34 AM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
Money will not disappear forever, you have a wide prediction and I think it will not gonna happen.
Despite seeing the better price now, I am still not convince that there is a big population of the world already who have adopted with bitcoin.
Even though, a lot of people wants to adopt bitcoin, it is not that easy for them because there is already a difficulty to get bitcoin since it is only limited so if all the people or if the world wants to adopt bitcoin then it will become impossible to give all people a part of bitcoin but bitcoin can be still the new alternative currency which is the best option so far.
hero member
Activity: 952
Merit: 500
August 10, 2017, 02:48:27 AM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
Money will not disappear forever, you have a wide prediction and I think it will not gonna happen.
Despite seeing the better price now, I am still not convince that there is a big population of the world already who have adopted with bitcoin.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
August 10, 2017, 01:45:54 AM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
In my view 2008 is marked to be the new era of currency. Maybe it haven't gained more support, but what it has gonna make by the upcoming years is big. Little by little from a storage token it has got into usage as one among the accepted currency. Hope this will serve as the changing solution for the upcoming generation to go full on digital currency usage.
newbie
Activity: 56
Merit: 0
August 10, 2017, 01:40:30 AM
Not yet. It will be when it gets accepted as the new currency but it won't be for many years... we will just wait and see. Smiley

yeah but many years in crypto time might be six months!
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
August 10, 2017, 01:39:43 AM
I think the year 2050 will be the era of Cryptocurrency because the money will disappear forever and we are forced to use Bitcoin in payment methods, this will be very convenient for all of us because when the payment we need only Bitcoin
hero member
Activity: 3052
Merit: 606
August 10, 2017, 01:36:55 AM
It is becoming step by step a new currency for the digital world. It won't change fiat, but it's value could  make people start showing interest on this amazing coin, and it could be the new era in the history of currency.
I agree. Bitcoin will not change or replace fiat. both of these kinds of currency will support each other and make the world become better. Currently, there have been many organization are learning about bitcoin and start to use bitcoin as an optional payment method. One day, I believe that everyone on this planet will use bitcoin as a true currency
This is likely to happen in the future because of the recent boom in the Crypto market that has made Bitcoin prices continue to rise, so people are investing in the CryptoCurrency market a lot and many are predicting the future of the market this will replace everything
The future is bright as what we believe, as crypto is getting more popular now, new players will come into the market and that would cause an increase in demand. People should realize that they should ride now before this price will rise to the moon, it's an easy money if you believe because you just need to risk your money and trust success will continue.
newbie
Activity: 29
Merit: 0
August 10, 2017, 01:29:16 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?

Getting bitcoin is not as easy as you write. But, there is a possibility, bitcoin can be used for all payments
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
August 10, 2017, 01:20:32 AM
It is becoming step by step a new currency for the digital world. It won't change fiat, but it's value could  make people start showing interest on this amazing coin, and it could be the new era in the history of currency.
I agree. Bitcoin will not change or replace fiat. both of these kinds of currency will support each other and make the world become better. Currently, there have been many organization are learning about bitcoin and start to use bitcoin as an optional payment method. One day, I believe that everyone on this planet will use bitcoin as a true currency
This is likely to happen in the future because of the recent boom in the Crypto market that has made Bitcoin prices continue to rise, so people are investing in the CryptoCurrency market a lot and many are predicting the future of the market this will replace everything
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