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Topic: Is Bitcoin Really The Future Of Money? - page 118. (Read 68805 times)

sr. member
Activity: 1400
Merit: 420
December 02, 2016, 09:26:14 AM
Cryptocurrency is the future no matter how bad we don't want it, because we are on a technology age where our daily lives is depending now in using modern gadgets that is using world wide web.

 Trading with a fast and most efficient time will win this time of age, and that's what Cryptocurrency can able to do, with the most fastest and less transaction fees payment platform, people will eventually migrate using it. But nobody can really tell what will happen next.
hero member
Activity: 1148
Merit: 528
December 02, 2016, 03:22:10 AM
Bitcoin will gets used as a money in the future. Recent days more and more digital currencies have been coming into existence. But bitcoin has got increased potential for which, when days of digitalization happens over the entire world or at least in few nations.

I think to be able to use bitcoin just like paper money, it needs lots of development and upgrade to the point people can use it in their daily lives.  But i terms of government used money, bitcoin will never be used as  official money of any nation.  It may have an impact to the financial system but it will always an alternative to fiat money.
Yes, people are adopting bitcoin and using it for different options like fiat currercy, but actually still in most of the area there are not enough facilities available to use bitcoin in local markets, and on other side. I believe as soon as the users of bitcoin will increase, it will put pressure on governments and they must start thinking about how to legalize bitcoin.
legendary
Activity: 1176
Merit: 1024
December 01, 2016, 07:57:13 AM
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology: the World Wide Web. http://blockgeeks.com/questions/what-is-your-future-predictions-of-bitcoin/#comment-604
Actually Bitcoin is declared waste or dead many times but mainly it is declared by the writers or some bloggers and not by the user or bitcoin officially statement So we can say loudly that it is future currency of online world .
They also know bitcoins would never die, but to catch the headlines and to make the viewers read their news they make such rash comments. If they were to bet their house on the statement they are making then no such predictions would have been made. Usually I never bother about those type of statements.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
November 30, 2016, 10:44:47 PM
Of all the articles I found through the internet and with the talks that I listened to, it is very likely that it will be the future of money. By having it as a future money, we can have paperless transactions and just note the transaction ID. You can have a digital address book also (with the softwares of wallets) with the transaction already in it, you just have to label. (Depending on your wallet). Money described by Merriam-Webster is a generally accepted as a medium of exchange, and Bitcoin is accepted as a medium of exchange, so it is already considered money.
full member
Activity: 154
Merit: 100
November 30, 2016, 09:07:56 PM
Monero is the future.
Bitcoin is old news, man.
Get with it!
For system I look that Monero is better than Bitcoin. And I sure, bitcoin is money right now, I predict that someday there will be money that could replace the bitcoin, so my advice is don't ever store the bitcoin too much and long.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
November 30, 2016, 08:59:01 PM
bitcoin is money for me. bitcoin can participate replace the dollar in the future. with various features of bitcoin bitcoin then I am sure that will be a financial payment media most widely used.

Yeah, bitcoin is money, though it has good feature, I am afraid that it might not be the future of money, though it can be considered as a money/currency in the future, but I am sure that it is not going to play the main role in money system. If in case the bitcoin become the future of money, well, I don't think that it will still be called as bitcoin, I am sure a lot of changes have already been made to cope up with the situation.
legendary
Activity: 1162
Merit: 1000
November 30, 2016, 08:00:46 PM
bitcoin is money for me. bitcoin can participate replace the dollar in the future. with various features of bitcoin bitcoin then I am sure that will be a financial payment media most widely used.
sr. member
Activity: 434
Merit: 250
November 30, 2016, 07:20:16 PM
Monero is the future.
Bitcoin is old news, man.
Get with it!
full member
Activity: 303
Merit: 112
November 30, 2016, 07:19:31 PM
Bitcoin is not the future of money, bitcoin is money. There are a lot of currencies in the world, as we have a lot of currencies on the internet, but only few currencies stand out, and that is what happen with bitcoin.
I don't know if bitcoin will be the future of currencies, but I knows it's the present, and a lot of people are making real money with bitcoins, so let's continue, go go go.
newbie
Activity: 3
Merit: 0
November 30, 2016, 07:02:10 PM
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology: the World Wide Web. http://blockgeeks.com/questions/what-is-your-future-predictions-of-bitcoin/#comment-604
yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase  to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos Smiley
i don't think it would be a future money by judging the increasing value. IMHO, Bitcoin can be the future money because of its flexibility and virtual so people can use it wherever they want.
please don't judge me, i just a beginner on this world. thanks  Smiley
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
November 30, 2016, 02:58:49 PM
Yes, Bitcoin is the future of money. It has got a lot of innovations and it is better than fiat in many aspects. It can be proclaimed dead and called a ponzi, but it is still living and it sure is not a scam or any kind of scheme. It is a currency like many people thought the future money would be.
full member
Activity: 171
Merit: 100
November 30, 2016, 02:56:06 PM
When Satoshi Nakamoto created a currency, he designed bitcoin deficit imitating gold. Total of 21 million bitcoins can be created. And as a reward for the unit will be reduced to 0.78 BTC will lead to an even greater tendency to accumulate. First of all, because the more coins are stored, the greater must be their purchasing power - a classic deflationary model.
legendary
Activity: 1400
Merit: 1009
November 30, 2016, 02:07:46 PM
Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
Regulations are bad for bitcoin, it defeats the purpose of bitcoin. if you're inserted in regulated coin then wait for few years and the government will probably make their own coins.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 30, 2016, 01:46:17 PM
I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
For me it is impossible government will never accept or granted to be a physical money.. bitcoin will be still great to use online because of technology.. we are in new generation many people are want all to be easy..so bitcoin is one of the advance payment method than the other payment method hat it takes 7 business days before you can receive the money..

Banks are evolving too

And Bitcoin gives them a good incentive to evolve faster. As they say, even if didn't exist, it should have been created, just to give them a good kick in the ass. I don't make international payments, so I can't possibly voice my opinion on that, but internal money transfers nowadays are pretty fast. Though I can't really say whether it is thanks to Bitcoin or not (most likely Bitcoin has nothing to do with that)
full member
Activity: 194
Merit: 100
November 30, 2016, 01:45:43 PM
I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
Cryptocurrency Most experts agree that the Bitcoin is destined to become a major e-commerce cryptocurrency in the future. But it is possible and very different future Bitcoin. The vast majority of people hold bitcoin as a speculative tool, not as a means of mutual settlements.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
November 30, 2016, 01:38:47 PM
I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
For me it is impossible government will never accept or granted to be a physical money.. bitcoin will be still great to use online because of technology.. we are in new generation many people are want all to be easy..so bitcoin is one of the advance payment method than the other payment method hat it takes 7 business days before you can receive the money..
hero member
Activity: 1204
Merit: 500
November 30, 2016, 01:19:27 PM
I feel that bitcoin does have the potential to be money in the future. but, I think the public or the government will not accept it quickly, because bitcoin is also supporting the illegal transaction, so it will probably increase the use of illegal drugs in the community. but, maybe someday things will change, and bitcoin really accepted as money in the future
legendary
Activity: 1638
Merit: 1046
November 30, 2016, 01:01:18 PM
Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
There is some doubt that cryptocurrency will play a major role in our lives in the next 5-10 years.
there is no assurance that bitcoin will stay long to live. but  bitcoin is strong and many people are adopting bitcoin and more good news we will heard soon or this coming 2017 that can be push bitcoin to live long..
But i am disagree that it can be a major role in our lives unless if 25% of people or more are using bitcoin..
sr. member
Activity: 252
Merit: 250
November 30, 2016, 12:47:58 PM
Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
There is some doubt that cryptocurrency will play a major role in our lives in the next 5-10 years.
hero member
Activity: 3052
Merit: 685
November 30, 2016, 04:04:45 AM
Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
Base on our speculation it will be the future of money but that is not what majority of the people in this world are thinking, we are just to positive yet we forget to be realistic enough. I am actually waiting for the time bitcoin will be regulated, then maybe I'll try to weight things up and make the right prediction for the future. We badly need massive adoption which is not yet happening.
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