Is bitcoin is the new era of currency? - page 93.

Gastotade

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Colletrix - Bridging the Physical and Virtual Worl

Quote from: PokerFace3 on July 09, 2017, 09:00:07 AM

Quote from: Basmic on July 05, 2017, 08:03:56 AM

Quote from: lecongnhan123 on July 05, 2017, 07:55:05 AM

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 ofcourse we can use Bitcoin for that because Bitcoin is money but I don't think buying foods or something like that will not be so common because of Bitcoin fess and long time confirmations, it's not suitable for that kind of payments.

I also do not like the high price for small transactions. It is also not possible to use bitcoin to trade. If the situation does not change the fact bitcoin can turn into a bubble. It is impossible to invest in currency and expect this income.

Since the value of bitcoin is so high it is not sometimes feasible for some people to use it for smaller transactions but in the end different people can be comfortable with different scenarios.

For people who do not want to use bitcoin on smaller transactions, other crypto-currencies like altcoin are available for smaller transactions. But as mentioned before every person’s tastes differ but using the same scenario bitcoin being used for larger transactions is rather beneficial for the same person.

That's why we should have idea on where we could make the most out of it and where can be the more beneficial factor that we can have is it in bitcoin or in alts. Alts for transactions and bitcoin for savings is the best.

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Quote from: Basmic on July 05, 2017, 08:03:56 AM

Quote from: lecongnhan123 on July 05, 2017, 07:55:05 AM

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 ofcourse we can use Bitcoin for that because Bitcoin is money but I don't think buying foods or something like that will not be so common because of Bitcoin fess and long time confirmations, it's not suitable for that kind of payments.

I also do not like the high price for small transactions. It is also not possible to use bitcoin to trade. If the situation does not change the fact bitcoin can turn into a bubble. It is impossible to invest in currency and expect this income.

Since the value of bitcoin is so high it is not sometimes feasible for some people to use it for smaller transactions but in the end different people can be comfortable with different scenarios.

For people who do not want to use bitcoin on smaller transactions, other crypto-currencies like altcoin are available for smaller transactions. But as mentioned before every person’s tastes differ but using the same scenario bitcoin being used for larger transactions is rather beneficial for the same person.

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Quote from: Senja Kemuning on July 07, 2017, 10:56:33 PM

Ideally new era of currency should be perfect and no disadvantages, the most important feature is the speed, security, low cost and could be accepted for all transactions (online and offline), I see bitcoin it's not there yet.

I agree but still bit coin is improving aggressively, it has overshadowed paypal which was a good source of transferring money, now bit coin is here. You can purchase online with bit coin, you can even buy property in some advanced countries. It is fully spread online and in future it will be accepted offline too as a confirmed currency.

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Quote from: revo1044 on July 05, 2017, 02:13:44 PM

yes i think that Bitcoin is truly making a difference in the usage accessibility of currency.

If we talk about the internet, Bitcoin has taken over all the online payment systems and in the near future it will be the only crypto currency used by the world for online shopping, I believe.

But talking about outside the internet, I agree that the government will be putting some hurdles in the beginning and what they need is , taxes and stuff. Even then I think that the Bitcoin will mostly be used instead of paper money.

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Quote from: pisston on July 08, 2017, 09:17:54 AM

Quote from: thanh806t on July 08, 2017, 08:53:03 AM

I think so, it is not far fetched to see and think of a system where you scan a wallet through some hardware wallet (Even Trezor now has that, let alone the future) and you send the payment automatically for shopping in a market, This can happen easily even now with just a simple wallet generating software and hardware wallets.

Perhaps you are right, and the fact is that there are so many future hopes for Bitcoin. At least every user has his future plans for bitcoin. Crypto currency is becoming more and more popular today and I think that in this respect those people who use crypto currency are lucky.

That's true, bitcoin will be the new era of currency or will be known as the future coin. It does have a lot of potential and growth plus development too so it won't be that long when we could buy anything over the counter with bitcoin, I mean who knows what the future will bring.

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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?

Precisely, The bitcoin now is you can use everywhere and anywhere but first make sure you will exchange it to money saying that you can use to buy using bitcoin is not real deal but if you will exchange it you can buy more stuff so in my opinion yeah, bitcoin is the new era of currency and many countries now are starting to adopt it.

pisston

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Quote from: thanh806t on July 08, 2017, 08:53:03 AM

I think so, it is not far fetched to see and think of a system where you scan a wallet through some hardware wallet (Even Trezor now has that, let alone the future) and you send the payment automatically for shopping in a market, This can happen easily even now with just a simple wallet generating software and hardware wallets.

Perhaps you are right, and the fact is that there are so many future hopes for Bitcoin. At least every user has his future plans for bitcoin. Crypto currency is becoming more and more popular today and I think that in this respect those people who use crypto currency are lucky.

thanh806t

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I think so, it is not far fetched to see and think of a system where you scan a wallet through some hardware wallet (Even Trezor now has that, let alone the future) and you send the payment automatically for shopping in a market, This can happen easily even now with just a simple wallet generating software and hardware wallets.

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Quote from: ~Bitcoin~ on September 26, 2016, 08:03:45 AM

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 don't think earning bitcoin is as easy as you have stated. But this is true that these days bitcoin can be used in almost everywhere including many supermarkets to hotdog shops. Even we can book flights with bitcoin, on the other hand with bitcoin debit cards even in the places where bitcoin is not accepted directly we can pay there with those bitcoin cards easily.

Bitcoin is evolution in the fiancial sector and yes it is new era of currency.

Sure. We can say Bitcoin is the new era of currency. Why? Because more and more people know and start to use Bitcoin as a second job, a second income. And many countries are going to build some local exchange for citizen who need to change Bitcoin into cash (It is similar to ATM nowaday)

xFiber

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I personally believe it will be the start of a new era of currency, bitcoin (and therefore cryptocurrency) is a revolutionairy invention in my opinion. And I hope this will change the world for the better.

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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?

Basically, we can use Bitcoin to buy anything you want as long as there are people that accept Bitcoin for that transactions but I think Bitcoin will not be used to buy things but other currencies because Bitcoin is not optimized for micro payments which are really important in our lives.

seattletu

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Yes, it is the replace of currency that will see in future. In world wide it is tending now, with in years Bitcoin is the trendsetter in currency. our future generation depends on bitcoins only and they do transactions with bitcoins only.

Ashbite

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Yes , bitcoins are the new currency. Future can u imagine no currency in world, everything transactions are doing by Bitcoins only. we can buy anything in online. we can huge amount of transactions with bitcoins only.

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Quote from: Senja Kemuning on July 07, 2017, 10:56:33 PM

Ideally new era of currency should be perfect and no disadvantages, the most important feature is the speed, security, low cost and could be accepted for all transactions (online and offline), I see bitcoin it's not there yet.

well a lots of discussion involving this concern and yes for now we can say that bitcoin is not really ready yet in terms of servings those features that you mention but surely we will able established this and we will see the most or best way that we can use in digital generation.

Senja Kemuning

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Ideally new era of currency should be perfect and no disadvantages, the most important feature is the speed, security, low cost and could be accepted for all transactions (online and offline), I see bitcoin it's not there yet.

seattletu

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I can yes , Bitcoins are earning money and easily we can convert Bitcoins to our currency. Now a days Bitcoins are world wide famous and future also Bitcoins will rule the market.

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Quote from: stephanirain on July 07, 2017, 08:03:25 PM

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?

In my own personal opinion bitcoin is really the new currency in the internet because you can really easily earn and you can exchange it into a real money. But the problem is the government cannot approved that bitcoin can be a legal currency. We still need to wait for tgeir approval to make bitcoin really legit.

Be clear. Already it's legit and functional in a better way than scams, governments always have different opinion on digital currency. This is just because of the early encounters that happened in the bitcoin in the silk road and other similar cases. They fear legalizing might affect their growth. Probably when they look the big growth from the Countries that have legalized bitcoin other countries too prefer legalizing.

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Currency is now evolving lots of cryptocurrency blooming on the web and become popular to people. I think in the near future we will use this currency in everything we want and use.

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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?

In my own personal opinion bitcoin is really the new currency in the internet because you can really easily earn and you can exchange it into a real money. But the problem is the government cannot approved that bitcoin can be a legal currency. We still need to wait for tgeir approval to make bitcoin really legit.

FLoving

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Quote from: LegendOF45 on July 07, 2017, 09:30:59 AM

Quote from: Matimtim on July 07, 2017, 09:08:58 AM

On my opinion base on my observation bitcoin is the new era of currency because formerly we use of barter treading and that time people didn't use money but now we are using money by means of payment in form of coins and paper money and also now there is a bitcoin, it is a digital money discovered and exist in this word and accepted by means of payment. Bitcoin is the most efficient money right now.

It seems that there are still many issues to be solved, we all know that the confirmation of transactions up to a week continues to increase, even more than 300k reports declare unconfirmed transactions, this is certainly worrisome because if users continue to increase then more and more problems.

That issue will also be solved sooner and as the demand of a digital system is more higher that is why it will not take time that the digital currency bitcoin will take the place of the paper money and all over the world this currency will be used for their dealings and for every type of transactions.

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