Is Bitcoin Really The Future Of Money? - page 125.

Chizuo

newbie

Activity: 33

Merit: 0

Quote from: lol3c on November 13, 2016, 08:52:39 AM

Well some people may see bitcoin no more than a scam and it might still have problems as hackers try to destroy it but look at the bright side, bitcoin's price is increasing everyday and the majority of people are changing their mind about this cryptocurrency so why don't have faith in it. It's worth a try Grin

Ya just like you said,many people said bitcoin is useless and scam especially because of black market site in deepweb.Last 3 year before price for bitcoin is rising,one of my friend said that.And today,see what happen,bitcoin price is more higher than us dollar.

Tyrantt

hero member

Activity: 1022

Merit: 564

Need some spare btc for a new PC

Quote from: Renji Abarai on November 13, 2016, 09:57:19 PM

I believe that bitcoin is the future of money. As you can see now,bitcoin has billions of dollars in market capitalization and it will go up further .Next year there are many projects are lineup. The next year and further are exciting for bitcoin.

Every upcoming year isbgetting more exciting and better for bitcoin. I dont believe that 2017 will have a huge impact on btc, but 2019/2020 will have more bigger and wider influence on people all around the world.

Tyrantt

hero member

Activity: 1022

Merit: 564

Need some spare btc for a new PC

I wouldn't call it the future of money, more likw the future of spending and getting that money.

Renji Abarai

full member

Activity: 230

Merit: 100

I believe that bitcoin is the future of money. As you can see now,bitcoin has billions of dollars in market capitalization and it will go up further .Next year there are many projects are lineup. The next year and further are exciting for bitcoin.

madwica

hero member

Activity: 714

Merit: 531

I think bitcoin is really have future as digital currency this was good to all users that bitcoin will last longer which is we can earn lot of money in bitcoin and also the good services of bitcoin will be very usable in the future.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: shinratensei_ on November 13, 2016, 06:28:48 PM

Quote from: Vuizel on November 13, 2016, 05:19:02 PM

Quote from: CyberKuro on November 13, 2016, 04:14:54 PM

Yes it is, digital currency now becoming the new face of payment and in the future for sure.
Actually, people already used digital money as method of payment since we use credit card or something similar to, at least no money show up in transaction unless you are going to bank and pay it. Whatever, the idea is to make any transaction but you shouldn't have bring money, so was bitcoin invented but more better than banks system. We all already know why, bitcoin has so many advantages than paper money.

Its a good currency but its also how you are looking towards it, I think that the future of the money is pretty okay but not that well because of the fact that the bitcoin can replace it in my eyes.

Indian, they have been happening a disaster in their economic sections, and attack the Fiat sector. In pulling a large. The Fiat has tremendous value in their community. And in fact, it has been a serious disaster for them. You might be having a correct on all of your said. looking forward the bitcoin has more of the implementation by all.
And bitcoin has more powers for it.

There's no problem with that if you trust bitcoin and you loses your trust with fiat, it must be properly evaluated base on the situation as that crisis you are talking about does not really happen all over the world. India is just a small country and they do not have a strong economy like the US or China.

shinratensei_

legendary

Activity: 3332

Merit: 1034

Leading Crypto Sports Betting & Casino Platform

Quote from: Vuizel on November 13, 2016, 05:19:02 PM

Quote from: CyberKuro on November 13, 2016, 04:14:54 PM

Yes it is, digital currency now becoming the new face of payment and in the future for sure.
Actually, people already used digital money as method of payment since we use credit card or something similar to, at least no money show up in transaction unless you are going to bank and pay it. Whatever, the idea is to make any transaction but you shouldn't have bring money, so was bitcoin invented but more better than banks system. We all already know why, bitcoin has so many advantages than paper money.

Its a good currency but its also how you are looking towards it, I think that the future of the money is pretty okay but not that well because of the fact that the bitcoin can replace it in my eyes.

Indian, they have been happening a disaster in their economic sections, and attack the Fiat sector. In pulling a large. The Fiat has tremendous value in their community. And in fact, it has been a serious disaster for them. You might be having a correct on all of your said. looking forward the bitcoin has more of the implementation by all.
And bitcoin has more powers for it.

Vuizel

jr. member

Activity: 59

Merit: 10

Quote from: CyberKuro on November 13, 2016, 04:14:54 PM

Yes it is, digital currency now becoming the new face of payment and in the future for sure.
Actually, people already used digital money as method of payment since we use credit card or something similar to, at least no money show up in transaction unless you are going to bank and pay it. Whatever, the idea is to make any transaction but you shouldn't have bring money, so was bitcoin invented but more better than banks system. We all already know why, bitcoin has so many advantages than paper money.

Its a good currency but its also how you are looking towards it, I think that the future of the money is pretty okay but not that well because of the fact that the bitcoin can replace it in my eyes.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Itty Bitty on November 06, 2016, 05:50:47 PM

Sending "value" directly peer to peer over the internet (not using a 3rd party like Paypal), when the only thing of real world value your computer can send directly to a peer's computer is a bit of voltage in the form of ones and zeros, sure does seem like a Ponzi scheme at first glance. Turns out that's really not the case, if you have the wisdom of Satoshi....

Though it does make Bitcoin look like a Ponzi of sorts, exactly this turns Bitcoin into money and gives it value as money (so called transactional utility). But what actually makes Bitcoin into a pyramid-like scheme is its speculative nature. I guess over 90% of Bitcoin value comes due to the expectation and hopes of Bitcoin holders to sell their stashes at a higher price to someone else. This feature is a characteristic of such a scheme, where payments to earlier members are made from the money of newly recruited members. This scheme is sustainable only as long as the new members cover the expenses of the old ones through the expansion of its user base (so called "adoption") or the old members don't intend to cash out immediately. With Bitcoin both of these factors are at play. In this way, it could be said that most of Bitcoin value comes through a sort of multilevel pyramiding...

And only a small part of its value comes through real utility described in the quoted post

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: CyberKuro on November 13, 2016, 04:14:54 PM

Yes it is, digital currency now becoming the new face of payment and in the future for sure.
Actually, people already used digital money as method of payment since we use credit card or something similar to, at least no money show up in transaction unless you are going to bank and pay it. Whatever, the idea is to make any transaction but you shouldn't have bring money, so was bitcoin invented but more better than banks system. We all already know why, bitcoin has so many advantages than paper money.

The paper money is losing participation on transactions even more. People are doing digital transactions a lot. That is why I believe Bitcoin will be the future currency. It's an easy system to pay for anything everywhere with low fees.

The negative point in my opinion is the safe when using crypto-currencies. Local currencies and banks are still safest to store money than Bitcoin wallets, doesn't matter the wallet kind. For the future, it must be upgrated.

CyberKuro

hero member

Activity: 798

Merit: 506

Yes it is, digital currency now becoming the new face of payment and in the future for sure.
Actually, people already used digital money as method of payment since we use credit card or something similar to, at least no money show up in transaction unless you are going to bank and pay it. Whatever, the idea is to make any transaction but you shouldn't have bring money, so was bitcoin invented but more better than banks system. We all already know why, bitcoin has so many advantages than paper money.

TokenGuy

newbie

Activity: 40

Merit: 0

Quote from: lol3c on November 13, 2016, 08:52:39 AM

Well some people may see bitcoin no more than a scam and it might still have problems as hackers try to destroy it but look at the bright side, bitcoin's price is increasing everyday and the majority of people are changing their mind about this cryptocurrency so why don't have faith in it. It's worth a try Grin

Bitcoin is not a scamming currency/investment and I think that it can become a very big currency to be honest, its just how you also look at it of course.

Bitcoinsummoner

hero member

Activity: 1484

Merit: 624

Maintain Social Distance, Stay safe.

Quote from: serjent05 on November 13, 2016, 01:14:12 PM

Quote from: Mr.grin on November 13, 2016, 12:38:37 PM

I believe that today many are saying that bitcoin is money on the internet, and of course it is the truth. Well, no need to wait for the future, the current bitcoin has also demonstrated its quality as a currency. Well, it is currently very difficult to use bitcoin real world, but on the internet is very easy to use the BTC. bitcoin future may also be easily used as money in the real world

There is this thing called adoption stage. And bitcoin is in that phase. The reason of this difficulty in using bitcoin in real world stuff is that bitcoin had never been recognized by the government as currency or to some extent like that. but as we notice, bitcoin had started a revolution where innovation in financial system had been greatly affected to the extent that it make them consider the use the technology used by bitcoin with some modification according to their likings.

Bitcoin have lots of adoption already been done unlike before when i was newbie. i am one of the old part time job online but paying in usd since i saw before that there is no company are paying bitcoin like other advertising networks but right now i saw they are also paying in bitcoin so it means bitcoin is adopting good and more people knows it.. if you are internet business owner online you should know the different payment processors like bitcoin until you can added it to your payment method list in your company.. now i think this is just starting point of bitcoin and more adoption will come..

serjent05

legendary

Activity: 3052

Merit: 1281

Get $2100 deposit bonuses & 60 FS

Quote from: Mr.grin on November 13, 2016, 12:38:37 PM

I believe that today many are saying that bitcoin is money on the internet, and of course it is the truth. Well, no need to wait for the future, the current bitcoin has also demonstrated its quality as a currency. Well, it is currently very difficult to use bitcoin real world, but on the internet is very easy to use the BTC. bitcoin future may also be easily used as money in the real world

There is this thing called adoption stage. And bitcoin is in that phase. The reason of this difficulty in using bitcoin in real world stuff is that bitcoin had never been recognized by the government as currency or to some extent like that. but as we notice, bitcoin had started a revolution where innovation in financial system had been greatly affected to the extent that it make them consider the use the technology used by bitcoin with some modification according to their likings.

krishna1

sr. member

Activity: 322

Merit: 250

i am a boy who studied according to my own needs i studied all the subjects i like and thats the reason i am so successful today and when i learmed about bitcoin i then and there know's that it is the future of money system. i have understanded how banks and money sustem works in ebery contry and felt the diffrence in bitcoin and them.it really is worth giving time for

Daffadile

hero member

Activity: 1162

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Quote from: thejaytiesto on November 13, 2016, 08:49:36 AM

I don't know about money as far as fiat-like usage goes, but it is the future of "gold". People will start putting their money on bitcoin more and more and less on gold. We have seen how gold is collapsing in the recent days and Bitcoin has stood better this Trump elected scenario.

Once we have the lightning network and sidechains we will for sure see people using it in a fiat-like usage too.

Yes this is true but is is not an evolution form gold. We already have digital currency and it is called a bank account. We withdraw using our card and get paper. Nothing to do with gold. It is worth something because people say it is, just like bitcoin. Basically all these things are just easier and easier methods to make trades without having to actually trade in gold and silver and food and salt and stuff. So you see carrying a huge bag of salt to trade with is not great when you can have a piece of paper that is to the value of that salt and now the buyer and sell no longer need to carry massive amounts of salt around but rather pieces of paper or coins. So if one was to bring that paper or coin to someone else they would get the correct value and also they can buy anything they like and a vendor will not say no. What if a vendor does not want salt and wants a cow ?? Lol all it is is just to make things easier.

Mr.grin

legendary

Activity: 1218

Merit: 1000

I believe that today many are saying that bitcoin is money on the internet, and of course it is the truth. Well, no need to wait for the future, the current bitcoin has also demonstrated its quality as a currency. Well, it is currently very difficult to use bitcoin real world, but on the internet is very easy to use the BTC. bitcoin future may also be easily used as money in the real world

kryptqnick

legendary

Activity: 3332

Merit: 1404

Join the world-leading crypto sportsbook NOW!

I think that Bitcoin is the Future monay but only for some period of time. We came through 2 World wars and now live in a relatively peaceful world. That means that it's time for some changes and further development of science. This is why BTC appeared and why it will be popular in the near future. However, when the bad time comes with too many social problems - BTC will become absolutely useless.

wilson_bitbybit

jr. member

Activity: 58

Merit: 10

Quote from: ameerrosic on November 06, 2016, 05:03:14 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

These people, proclaiming the death of Bitcoin, simply do not understand the power of an open source project. Bitcoin, in addition to being decentralized, has many collaborators around the world who work in the best possible way to make the network more efficient, and this will help Bitcoin to reach new levels.

Selly Arumsari

sr. member

Activity: 602

Merit: 250

Quote from: ameerrosic on November 06, 2016, 05:03:14 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

yes , i think bitcoin is future money .. evident by looking at the price change from year to year outline always ride

Topic: Is Bitcoin Really The Future Of Money? - page 125. (Read 68828 times)