For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
Bitcoin can replace fiat currencies. This is really the most hot question in town these days. Lets keep the volatility of bitcoin aside because the whole crowd hasn't yet joined the party. What are the other cons that it faces? the transaction fees! You need to pay around 10% of the money you are sending in form of a fees? While this amount in fiat is just $0.1 while doing NEFT/RTGS. Then comes the problem of time of transaction. Who will be willing to spend hours just checking whether the transaction has confirmed or not. So its impossible to use such a currency as a daily means of trade settlement. 
Topic: Is Bitcoin the next big thing? - page 16. (Read 2002 times)
Bitcoin absolutely is the evolution in the history of currency. It's changing the view of normal people about what is money.
Bitcoin is similar to Money Currency, They also have a serial number which is stored digitally. So if you like to transfer your currency note with bitcoin you only transfer these unique serial numbers.
Definitly not.
Bitcoin is not similar to currently used money.
Bitcoins do not have serial numbers.
You will never transfer any kind of 'serial' numbers. That would exactly the opposite of the blockchain technology.
really bitcoin is a next big thing ,because just two years before value of bitcoin was around $1800 , now it is reached $14000 , so it definitely shows that bitcoin is real next big thing . now bitcoin is gaining more popularity among all crypto currency , more and more people interested in investing on bitcoin crypto currency. i can say bitcoin real next big thing.
This is not even just as a result of the value increase alone. Yes, that has sparked a lot of interest for new investors and has even made the main believers right from the onset to believe in the main reason of using bitcoin and why they have to just keep holding. The popularity has really increased over the years and we are just starting as far as I am concerned, which makes the future to be perceived as one that would be the big one.
Bitcoin is the future it bounce back to 15000 usd now.
The latest form of currency is the virtually held digital currency called Cryptocurrency which has created a disruption in the market since the day it has been created in 2009.
Bitcoin has highest market cap As compare to all crytpocoins
Bitcoin is similar to Money Currency, They also have a serial number which is stored digitally. So if you like to transfer your currency note with bitcoin you only transfer these unique serial numbers.
The latest form of currency is the virtually held digital currency called Cryptocurrency which has created a disruption in the market since the day it has been created in 2009.
Bitcoin has highest market cap As compare to all crytpocoins
Bitcoin is similar to Money Currency, They also have a serial number which is stored digitally. So if you like to transfer your currency note with bitcoin you only transfer these unique serial numbers.
For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
Maybe focus on dollar or euro is too narrow.
The transition to bitcoin is much more easy in nations having no own state controlled stable currency.
Unfortunately most people in such nations do not have reliable and payable internet access.
For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
in my opinion bitcoin may not be able to replace the normal currency, because the normal currency is the currency characteristic of each country, with bitcoin the state can only recognize as a digital currency only.
Bitcoin created not to replaces fiat. It exist as alternative digital payment with decentralization system.
By the time, many people interest in Bitcoin much, they not using it as transaction payment, but for buying then hold as investment.
It is big thing which can change our region economy.
By the time, many people interest in Bitcoin much, they not using it as transaction payment, but for buying then hold as investment.
It is big thing which can change our region economy.
Bitcoin is surely the next big thing.
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yes, I think so. bitcoin would be a big thing in the crypto world. however, I think another great thing will also happen in the crypto world. like its bitcoin, coins like etherum would also follow the bitcoin glory.
in the future, bitcoin is not just a big thing in the crypto world but in our real life but the time is not yet come and there are many things that we should do for bitcoin. I am glad that I could be part of cryptocurrency although I just an ordinary person who search a way to make money and I hope I can see bitcoin will be the next big thing like the title.
Today their are many people access bitcoin and they really motivated themselves that bitcoin is really a big thing for them. As me also being a new junior member of bitcoin i also thinking repeatedly time to time that bitcoin is the next big thing to all people who access bitcoin because of the higher value. Bitcoin helps people in terms of needs. So when comes time that all people will access bitcoin it's finally the next big thing happened.
We must invest Bitcoin today because we will never know when the price goes up again. We all know the price is very unpredictable, sometimes the price will go up and down in just a day. But that is normal so don't panic if the price is decreasing but instead take that as opportunity to buy additional investment and hold for a long period of time until you reached you desired income. Many peola believe that the price of Bitcoin will rise by next year as speculated and they see the benefit of it. Bitcoin helped many people who made their better by trading so we also want to experience that. Just invest now to Bitcoin and hold.
No one can absolutely know that and it is good that we at least have some good level of sanity for a while now before we will start seeing some real big value later on. I still believe adoption has not really grown, and once the main value of bitcoin as currency starts, then we will see the main reason why a lot of people still start kicking in gradually.I am sure bitcoin is already the big thing and it is just a matter of time before we start seeing the reality kick in.
yes, I think so. bitcoin would be a big thing in the crypto world. however, I think another great thing will also happen in the crypto world. like its bitcoin, coins like etherum would also follow the bitcoin glory.
I think bitcoin don't want to replace our own government fiat bitcoin just want to be a secondary place where you can earn money to help our people who needs more money to help their needs and bitcoin is just a great currency that compares to our own fiat.
Bitcoin is ALREADY the big thing. At present, there is nothing tht can compete with bitcoin.
For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
I believe so. With whats' happening these days with regards to bitcoin's popularity, there is a high probability that bitcoin would be globally acknowledge as something where people can invest on and earn a lot. I mean look at Facebook and Youtube, even on these websites, bitcoin advertisements can be seen which attracts more people.
Right now bitcoin is a big thing, lot of hype has been created around it, however it would be difficult to see bitcoin replacing fiat currency, since fiat currency has been in the economy since forever and people trust it more than bitcoins
No one can predict what is going to happen in future and not any machine has been discovered that can even predict the future but as long as we have some analyzing skills and pattern detecting methods, we can predict at some level. Things may not come as exact as that one thing but still always hope that may our hopes comes true and bitcoins will lead us to an amazing life.
Maybe yes, maybe no. We don't know until when will btc continue its operation, but we could say that as of now, it's really a trend. It continues to develop and more and more people shows interest, joining and investing on btc. This could be one step ahead for the next big thing title.
Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
It's the advantage that anyone can earn more than 20% on the easiest way.
Think that you are a trader and within few hours you can gain 20% base on your total capital, isn't that the best advantage of all?
But you need to take time before you will have a life that way. And if you are not willing of investing that way then don't take the risk.
Hi,
You actually summarize the questions that every bitcoiners worry about. We don't know how to turn this volatile currency into a money that can be used in everyday life. We hope it will last. We bet on making large profits.
Truth is that we don't have the slightest idea about what will happen. But we are trying, hoping luck will be on our side!
Don’t be panic I am sure that in the future all the volatility of bitcoin will finish and it will be constant. Bitcoin is of course a big thing and that’s why more and more people are investing in bitcoin and in the near future bitcoin will be the mainstream. You actually summarize the questions that every bitcoiners worry about. We don't know how to turn this volatile currency into a money that can be used in everyday life. We hope it will last. We bet on making large profits.
Truth is that we don't have the slightest idea about what will happen. But we are trying, hoping luck will be on our side!
Although there are more than 1000 cryptocurrency in the market but bitcoin is the leading currency of the world. So I can say that volatility is not a big problem.
Volatility is one of the things that we should expect even later on as bitcoin stabilizes a little bit but that does not mean it will stabilize fully. Over time though, a lot of things would change; usage, the value, the way we all perceive it and so much more and even from now, we can all see the way things are gradually changing already.
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