Topic: Is Bitcoin Really The Future Of Money? - page 63. (Read 68812 times)

bitcoin is the future of investment ... fiat will still be there as long as bitcoin cant operate wit out the internet.. if that issue get resolve well theres no doubt then bitcoin will conquer the fiat world.

Maybe ? Because they have a lot of advance feature that could alter fiat currency, As of this moment. We are initially adapting its process and condition our ways of living to come up with cashless method.
Its all of us are benefited because processing transactions using btc are very fast and effortless..and it is very secure because the keys are highly encrypted and cannot easily robbed nor hacked by anyone else..

Here is a detailed step-by-step guide to how the events will unfold for Bitcoin (and the other cryptos) :

- Bitcoin will start dropping in value sharply
- Bitcoin promoters and investors will say that this has happened many times before
- In this forum especially all will be saying to buy because it is cheap, and many will say to hodl
- price drops further, and all promoters will keep saying we have seen this before and it is a good time to buy and hodl
- price drops further, and waiting transactions are now mounting rapidly because despite the cries of "hodl!" quite a few people want to get out. But the way Bitcoin works prevents all from exiting when they want to.
- The price to get your transactions through becomes very high, in reality meaning only people with large holdings of Bitcoin can afford to get out. And they do because they have in many cases bought at below 1000$ and therefore they want to take their profits.
- As it becomes clear price keeps declining and it is impossible to get out, the smaller investors start to panic. It is the same as being in a large building with many people and only one small fire exit when there is a fire
- Prices now decline to a level where the miners can only make money by charging very high prices for transactions
- The high prices for transactions and the low price of Bitcoin means that no smaller investors can now get out of Bitcoin
- The price stabilizes at a very low level and it is impossible for the small investors to get out as no miners can make money any more
- Nobody want to buy into Bitcoin because of the very high transaction fees
- Game over.

Yeah.I believe that Bitcoin is the future money.Because were using it now.Some of companies now are using Bitcoin.Number of user in Bitcoin nowadays is growing.

The good thing about this bloggers is they create positive speculations and investors are encouraged to invest their money on it and it makes the market circulate well. There are many business who are also investing in bitcoins because of the positive news about it.

The reason why it is valuable to have dollars, for example, is that the government will only accept this mode of payment when you pay taxes. Companies will exchange their goods and services also for dollars, but they do so knowing that money is the common  mode of payment people  use. it'll depend on the companies whether or not they'll start accepting bitcoins as a mode of payment (and some already do). I think bitcoin could replace some currencies around the world, but i don't think it'll replace money in all countries. Instead, it'll be something that works aside from money: an alternate mode of payment

Bitcoin can be used in terms of money due to technology..possibility is there..almost every body has a gadget that can access the internet..internet are being used world wide to process payment, bank transfer etc..so through the power of internet and mobile technology it can be used as money but it can never replace money not unless the world could agree on one value of currency..but because of differences of resources and government there will always be trade which will dictate the differences in value..but still hopping because if it does that means the whole world is uniting and setting aside its differences..

You can't predict because of its present value

There is no doubt that bitcoin is our future money because the value of bitcoin is have a potential to become more popular to all and bitcoin is the way to replace all banks corruption and this is more advantage than  our currency.

I see that prediction in so many forums, social media and blogsite. For me it can't become the future money. Why i say? Because it is virtual currency or fiat that can access only in online and offline. In the real world, there is a real money and the money in the world is first than bitcoin.

I think the future belongs to bitcoin. because of its many features,and the new blockchain technology,which is enough to unleash a new technological revolution.

Maybe, but I'm not too sure. I just want bitcoin to remain a virtual currency in the future without replacing the money. Money remains a legitimate means of payment for direct or online transactions, and bitcoin remains a virtual currency that is also used online. I want money to remain money and bitcoin remains a bitcoin.

There is hardly any reason to deny this fact that bitcoin is the best thing which this world has ever seen. The way bitcoin is making progress with each passing day is a proof of this thing that bitcoin holds a very bright future in the near future.

I am very much positive in this aspect that bitcoin is definitely going to be the future of money. Bitcoin is going to lead this world in the coming days.

Yeah i believed bitcoin is the future of money as we can see the value of bitcoin in the past years it has a huge increasing as years past by,

Well according to me the bitcoin is really unpredictable because the price of the bitcoin can be change any time as if the value of the bitcoin is high today then who knows tomorrow the value of the bitcoin will be high or not, I hope the bitcoin will give the best of the money in the future and we will see how fast the growth of the bitcoin will happen so I am really hopping the best and the future will be bright as much as I know.

I always see about that the bitcoin is the next future money of the world. But some bloggers counter it and make a prediction on what happens in bitcoin in the future. In my opinion, when bitcoin become a real future money in the world, it has a advantage and effect in the world or by country. It can totally help the business transactions of the people who work everyday to earn money. It can change the economy of the country by controlling it and use it to earn more money. And the last one i think is it change the value or percentage of the jobless people in or by country.

Yes I'm sure bitcoin is the money of the future, many have mimicked blockchain technology and it is proof that bitcoin will be excellent for smart people. And this really makes bitcoin a means of payment for all transactions, although gradually I'm sure it will happen.

Many days have been past, and there are some negative comments have been barked to the bitcoin. But still, where are we now? We are standing and remains the value of it. Bitcoin continue to make its value high and grow fast.

There is a possibility that it will be the future of money because our technology is rising and cryptocurreny will be our money in the future. But there is also a possibility that it will always be an alternative.

My brother or sister believe it or not. It is. Even now some big companies have accepted it has a mode of payment.