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Topic: What has changed? Is it moving forward? - page 8. (Read 19085 times)

newbie
Activity: 65
Merit: 0
January 29, 2019, 02:38:14 AM
#70
I'm sure that the moment will come when the exchanges will boil up on the number of transactions and new users! I'll get it already! At the moment there is no price increase, but as they say: "wait for the storm after a lull". Growth must necessarily occur sooner or later.
copper member
Activity: 294
Merit: 1
January 29, 2019, 02:03:19 AM
#69
First , bitcoin has not replaced fiat and I am sure it's not happening anytime soon.
Both fiat and bitcoin clearly have their functions and it goes to say that bitcoin cannot function as fiat likewise fiat functioning as bitcoin.
One is decentralized while the other is centralized.
Poles apart.
The market was relatively stable prior to 2017 that saw one of the most talked about market surge in the history of Cryptocurrency.
That's why we are where we are today .
member
Activity: 322
Merit: 17
January 28, 2019, 05:31:59 PM
#68
is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it?

why do you think bitcoin has ever been replacing fiat in first place?

bitcoin was not meant to "replace" anything, specially not fiat and as far as i can tell Satoshi didn't create  bitcoin to "replace" anything either. bitcoin exists as the alternative digital cash system that offers a great  deal of freedom because of its decentralization. and the fact that more shops are now accepting bitcoin, or even a couple of countries that have adopted bitcoin as a legal way of payment aka a currency doesn't mean bitcoin is replacing fiat.
That's true
But the strange and strange that the price of btc associated with Fiat , in the sense that the relationship is reversed between them.
Here I am talking about the price of the btc , which is a fraction of the value of the btc
Which constitute a major shift towards
 a new global financial system that frees peoples from the domination of the current financial system.
legendary
Activity: 2184
Merit: 1302
January 28, 2019, 04:45:27 PM
#67
For now it is not late to get into the system,as the network is in its prime,and now the prices are low for one to purchase large amounts of coins.
For now we cannot say that cryptocurrency is replacing fiat,neither do we believe it will,and we know that they can work closely together,you for sure are not late and can tap into the networks repertoire.
Just invest with a reduced amount and cut down on your risks
sr. member
Activity: 1193
Merit: 251
January 28, 2019, 03:49:48 PM
#66
Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction
It seems to me that all these options are suitable for today's explanation of cryptocurrency.While you were resting, many ICO collected large sums, many new cryptocurrencies appeared.You are not late for the crypto train, and therefore study the market as soon as possible and start investing.
legendary
Activity: 2436
Merit: 1362
January 28, 2019, 03:04:57 PM
#65
Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley





Firstly bear in mind that bitcoin was not designed to replace FIAT,
it was designed as an alternative payment system. Today it has
been adopted as both a trading commodity and an investment.
Thats 3 utilities which it has become.

There are no processing speed or transaction fee problems any
more and they will become less so going forward.
Check out SEGWIT and LIGHTNING
sr. member
Activity: 1701
Merit: 308
January 28, 2019, 03:01:46 PM
#64
Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

It has not changed much in over the four years you were away. The adoption has increased and also attention from government and external industries.
Bitcoin is not slowly replacing fiat, I do not think it is meant to replace fiat currencies.
It is an alternative currency
Until a number of times the SEC rejected Bitcoin ETFs, and it was indeed impossible to replace Fiat. Bitcoin is only a long-term trade and investment in the past. The biggest change now is the ubiquitous market game by big holders.
jr. member
Activity: 140
Merit: 2
January 28, 2019, 11:27:36 AM
#63
Crypto world is expanding unlike in the past due to the use of latest technology by making transactions more secure convenient and reliable and that is something expected because from 2009 to until now the IT field has developed immensely so currency cryptocurrencies has become more effective for businesses and  that is the reason majority of companies are trying to launch there own digital currencies to target crypto communities are gain more income
jr. member
Activity: 196
Merit: 1
January 28, 2019, 10:57:00 AM
#62
I think that cryptocurrencies are a good alternative to traditional fiat. But neither banks nor governments use it now. We need some time before accepting crypto. IT would be great if some companies will start accepting bitcoin as a payment. It might be a good first step.

With bitcoin acceptance in governments and other major organizations crpyotcurrencies will definitely have a chance to move forward that they are doing right now because due to lack of acceptance by majority of centralized governments or companies there progress is very slow when considering past years and that is why majority of altcoins are not yet adopted into any businesses but with the above change in the bitcoin world I think it can give a good push for cryptocurrencies to move forward with confidence
hero member
Activity: 3052
Merit: 606
January 28, 2019, 10:31:52 AM
#61
The cryptocurrency market is rapidly progressing and does not stand still. Many new coins appear on the market every day. Nevertheless, Bitcoin still keeps at the very top.
Yes.I have seen that the current market condition is not that bad but it's not also very positive and progressive.Although we have seen a short price increase but then,it will also bounce back a day after.But i think we should not lose hope because bitcoin may surprisingly skyrocket again and bring us to the moon again.So we should keep trusting bitcoin and should not doubt its high volatility.
member
Activity: 658
Merit: 10
Rangers Protocol
January 28, 2019, 06:13:55 AM
#60
Here in this forum you will learn a lot of things both informative and none informative its up to you to handle every aspect. During your days reading and searching you will find out something new and old information base on other experiences. You will learn from them. Leaning and be patient is very necessary to be able to observe correctly the particular coin that you would probably invest.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
January 26, 2019, 10:21:42 AM
#59
Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley




Cryptocurrency as you know it, hasn’t changed much. Yes, there have been advancements   and one of which is that it can be acquired with many means. The originally known means is via trading, then some other means too, but by being in this platform with us, the most common means is via ICO – initial coin offering.
Welcome back to the crypto world.


Technology is moving very fast in crypto currency. Compare the bitcoin transactions times and other new currencies which are relatively new and you will see the difference. Bitcoin only hides the person who is sending receiving the coins, while Privacy coins can only hide transactions themselves and you never know which address send to which address.
sr. member
Activity: 1428
Merit: 251
January 26, 2019, 02:12:15 AM
#58
What change in cryptocurrency market is many project created and many new exchanger with OTC feature. Beside that, bitcoin ETF will happen in this year if BAKKT start launching. Many good thing happen in the future and i am believe crypto is good long term investment
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
January 25, 2019, 09:38:01 PM
#57
Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley





This is a very good tool to use for long-term investment, only a handful of people who have high patience in order to get big profits, does not mean not good, the matter of gold is used for real investment not with bitcoin which is an uncertain price. when compared to fiat currencies that have unchanged prices.

Maybe you don't have friends who have good knowledge about Cryptocurrency, to encourage your belief that Cryptocurrency will easily replace fiat currencies, I know with doubts that you know Bitcoin in 2014 and for 3 years you are resting, so you don't realize you passing a moment of a very good moment, when bitcoin has a very fantastic price, when you rest for 3 years, so you are influenced by people who do not have high confidence and patience.
member
Activity: 139
Merit: 13
January 25, 2019, 08:26:57 PM
#56
Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley





Cryptocurrency is certainly moving forward but in oder for us to see they replace fiat at least for a certain extend it might take several years because today the entire market it self in a bearish condition and even many potential Altcoin's in the past are traded for garbage prices so like bitcoin the stability is less at the moment in many cryptocurrencies but there is adoption into businesses specially targeting online retail market, Shopping business so even slowly majority of crypto are moving in a successful path
member
Activity: 798
Merit: 10
January 25, 2019, 07:34:47 PM
#55
Cryptocurrency market growing more bigger compare 2014. Bitcoin highest price at $20k and right now below $4000. I think cryptocurrency market will survive in this bear market. BAKKT will launch bitcoin ETF and i think this will make bitcoin price rising again
sr. member
Activity: 1092
Merit: 269
January 25, 2019, 05:53:01 PM
#54
I think that cryptocurrencies are a good alternative to traditional fiat. But neither banks nor governments use it now. We need some time before accepting crypto. IT would be great if some companies will start accepting bitcoin as a payment. It might be a good first step.

indeed crypto is technological advancement for now, but the conditions we want are also not as smooth as we imagined, because most every government in the country does not approve of crypto circulating, and is used by its people. so sometimes this also quite inhibits the development of crypto in the future.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
January 25, 2019, 05:30:36 PM
#53
Hi All,

I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world.

I would like to get back into it but first I would like to find out what is cryptocurrency today.

Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

Please help me catch up a little Smiley


What you are seeing today is basically what has been going on fiat won't replace Cryptocurrency, bitcoin is down today due to its nature and other Coin follow its lead. Is not all about the speed of transaction everything is working fine is just due to FUD around that makes things look different.
jr. member
Activity: 187
Merit: 1
January 25, 2019, 05:12:05 PM
#52
Many things have changed, to cite one which I think is the most important, the people have started to think for themselves. With the past hype on bitcoin and cypto in general, many people didn't act prudently and just bought in because of the trend without knowing the underlying tech. Because of this, they got burnt. So now, we are left with people who use their head.
For the first time in history, the bitcoin community is separated. 2009-2015 everyone who had ever entered the bitcoin space was supportive of the projects, now most early devs and proponents have either cashed out or gone into other coins they see more potential in.
That and the fact that 2017 were bananas, backed by nothing but greed. Stupidity is limitless but money is limited - so a downturn was obvious to predict.
I do regret starting to sell as early as $4,000 in 2017 but that's life.
member
Activity: 378
Merit: 10
January 25, 2019, 04:47:51 PM
#51
I think that cryptocurrencies are a good alternative to traditional fiat. But neither banks nor governments use it now. We need some time before accepting crypto. IT would be great if some companies will start accepting bitcoin as a payment. It might be a good first step.
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