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Topic: Is Bitcoin still a people's currency? - page 5. (Read 1259 times)

hero member
Activity: 1890
Merit: 831
December 28, 2019, 06:17:44 PM
#63
First things first , bitcoins or anything here cannot survive without people , they use it , that's why it's there and the thing is even if the popularity of bitcoins will decrease in the near future , it won't die , because right now it's roots are embedded too deep in the market and it's providing jobs for a lot of people who are not being able to get anything through the government sector and that is a really good thing that they are able to work this way .
It is still for people and it will remain to work for people .
sr. member
Activity: 1638
Merit: 300
December 28, 2019, 06:17:40 PM
#62
There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.

Why would it excite people? If we will be talking about using it, that would really annoy people since they will not adjust that quickly with the changes. In terms of investing, despite a lot of people being patient, there are still a lot of people thinkong that this is a huge risk and they should be careful im dealing with it. Yes it is exciting but just when you see it is progressing not falling.
full member
Activity: 721
Merit: 100
December 28, 2019, 06:09:10 PM
#61
There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.
legendary
Activity: 3668
Merit: 6382
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December 28, 2019, 02:35:18 PM
#60
PS. At the next bubble, media will tell about investing into Bitcoin.. probably near to the ATH, leaving others disappointed/angry against Bitcoin as soon as it'll start dropping.
You think it is done on purpose? We know how mainstream media is entangled with the big bucks industry, could it be that this is their plan of making crypto repugnant to ordinary, non-tech people? Seems like a plan, also motive is obviously there so...
I think it is somewhat deliberate, something is cooking and bitcoin isn't in the menus.

I'm not certain it's a campaign done on purpose.
Clearly some things are done on purpose = because somebody has paid for that, but most news are just driven by how much "extraordinary" the thing is, so it may catch attention.
They don't care about you, me or Bitcoin. They care about their revenues, about keeping people interested to stay on their channel and.. watch the commercials between whatever they're telling.
sr. member
Activity: 1960
Merit: 370
December 28, 2019, 01:31:34 PM
#59
Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment.
Most people really sees bitcoin as an investment and not a currency anymore because of its price. Not being hypocritical I also have it as an investment because of the potential earnings when the price pumps.


Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.
So flexible it has a pair on every coin no doubt on it because bitcoin was the first created coin.Bitcoin adoption is getting great these days, perhaps we will be seeing a good start with 2020.
sr. member
Activity: 1344
Merit: 270
December 28, 2019, 12:03:51 PM
#58
Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment. Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.
Keep support when bitcoin existing with higher price only, but when bitcoin keep with lower price every one will left bitcoin because not profitable anymore, the same thing like ICOs investment project when giving much profit with higher price after coin listing many investor glad for investing with ICO, but look after many ICO failed how many people still remember and want join with  ICO.
legendary
Activity: 2954
Merit: 1155
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December 28, 2019, 11:52:23 AM
#57
Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment. Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.
legendary
Activity: 2870
Merit: 2474
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December 28, 2019, 11:50:02 AM
#56
I think cryptocurrencies introduced by the government are unlikely to succeed because they look like fiat currencies.

They will make them look like Bitcoin, but with a "trusted" government regulator to give them credibility in the eyes of the gullible and trusting public.
sr. member
Activity: 1372
Merit: 261
December 28, 2019, 11:45:15 AM
#55
In order for Bitcoin to be widely used later, the immediate goal is to make people understand and know that Bitcoin and the future will be used or replaced for fiat currency. Once recognized and accepted by national governments, Bitcoin will be stronger in the future.
People recognize bitcoins as a invesment like stock market and also bitcoin will not replace fiat because the price of this are volitle and not good to use in buying products.  And i think bitcoin will become future but as a alternative payment system only  .
sr. member
Activity: 939
Merit: 256
December 28, 2019, 11:24:15 AM
#54

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding.
A lot of people are still skeptical about bitcoin and the cryptocurrency market because they believe in what the media is trying to tell them. The government doesn't like bitcoin and cryptocurrencies so they're backing those who speak ill of bitcoin. I even know there are people who are spending their money on hiring media to post negative news about bitcoin and cryptocurrencies.


Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
I think cryptocurrencies introduced by the government are unlikely to succeed because they look like fiat currencies.
hero member
Activity: 1249
Merit: 506
December 28, 2019, 11:07:48 AM
#53

but on the security side, the digital world is not 100% really safe
Without any method of storage 100% secure, even the banks with the most rigorous security can be stolen.
Cryptocurrencies may be the trend of the future, but it needs to overcome many major hurdles to achieve that goal.
hero member
Activity: 2828
Merit: 611
December 28, 2019, 11:01:59 AM
#52
A lot of people I see that are into Bitcoin don’t really do it because they are interested in Bitcoin, but because they just want to make money and that’s it. I have even seen some people that have made profits through cryptocurrency and after they have made a lot of profit they then decide to quit and even discourage others. Their reason for discouraging others is what I still don’t understand, is it because they are trying to stop others from being rich like them or are they giving others good advice and stopping them from taking risks? Shocked. I don’t really understand.

But anyway, I believe that as time goes on the true fans will begin to adopt Bitcoin for the real purpose.
member
Activity: 462
Merit: 16
December 28, 2019, 09:18:31 AM
#51
Yeah Bitcoin is one of most promising coin in crypto markets,people can easily use this coin and sent it all over the world.
sr. member
Activity: 1120
Merit: 272
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December 28, 2019, 08:44:40 AM
#50
I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

Since 2017,bitcoin is an asset for the rich crypto elite.It used to be the people's currency 5-6 years ago,but not anymore.

It doesn't mean that bitcoin will stay as the people's currency because it is the most used these past few years. Look at bitcoin now, it's volatility is occuring and we have nothing to do about it. Maybe we just need to wait and become a people's currency again.

No matter how long, no matter how hard for the bitcoin, but i'll still believe that bitcoin will be the best crypto 4 to 5 years from now.
newbie
Activity: 90
Merit: 0
December 28, 2019, 08:23:59 AM
#49
Yes, bitcoin is decentralized currency and no.1 in coinmarketcap and coingecko.com, this is usecase and peoples currency. It is a internet money and nobody stop them.
sr. member
Activity: 882
Merit: 258
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December 28, 2019, 08:11:18 AM
#48
some interesting news I saw on youtube when many countries will not use dollars, is this what is called a fiat collapse so that entry within seconds will collapse as a whole, if that happens the dollar is not used again by some countries will become worthless, I'm waiting for this to happen maybe it will benefit bitcoin as a currency but not for small people if the value is high, it could be others like Libra or Ethereum used as a currency for small people, bitcoin is still the currency for all people supporting crypto
I have been able to read some article about that fiat collapse in which the natural currency of the of the country has been collapsing and because of it they are using dome digital currency in order to be used as their own currency for a month and etc. That's right if the fiat collapse all over the world then probably it would be a hard time for those people who only used fiat in order to support their daily needs but for us crypto enthusiast it would be good and better because we already know how to use cryptocurrency or digital currency in many aspects.
People will use bitcoin,litecoin, ethereum, and libra for them to be their personal currency in the future and it is very good for us then.
hero member
Activity: 2268
Merit: 709
December 28, 2019, 08:01:12 AM
#47
Of course yes, it is even more the currency of the people. The real question is instead: do people want freedom or do they want to be more and more slaves?
sr. member
Activity: 1890
Merit: 261
20BET - Premium Casino & Sportsbook
December 28, 2019, 07:42:20 AM
#46
some interesting news I saw on youtube when many countries will not use dollars, is this what is called a fiat collapse so that entry within seconds will collapse as a whole, if that happens the dollar is not used again by some countries will become worthless, I'm waiting for this to happen maybe it will benefit bitcoin as a currency but not for small people if the value is high, it could be others like Libra or Ethereum used as a currency for small people, bitcoin is still the currency for all people supporting crypto
jr. member
Activity: 188
Merit: 1
December 28, 2019, 05:53:19 AM
#45
In order for Bitcoin to be widely used later, the immediate goal is to make people understand and know that Bitcoin and the future will be used or replaced for fiat currency. Once recognized and accepted by national governments, Bitcoin will be stronger in the future.
sr. member
Activity: 1120
Merit: 255
December 28, 2019, 05:08:44 AM
#44
I think, Bitcoin is not going to become the only currency in the world. It's going to become the only public ledger in the world. other currencies and assets will use that ledger to record ownership, which allows all sorts of assets to be used as money, including fiat. It's just that any fiat where the issuing bank continues to print will see the price of it's fiat fall so much that the extra liquidity they tried to create vanishes. at which there is no advantage to printing and it stops.
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