what is the future of virtual currency like bitcoin ? - page 25.

South Park

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Quote from: Hube950 on June 08, 2018, 04:30:06 PM

I see a future for cryptocurrency where there is a financial freedom from these establishment: governments, central banks and large financial institutions.

Where governments and financial institutions embrace the digital currency innovation to run daily lives and transactions without restrictions

What you are saying is contradictory how we can gain independence from all of those entities you mention but they also embrace cryptocurrencies? And even if those entities embrace cryptocurrencies why we will need to use them? Cryptocurrencies do not need any benevolent middleman, that is the whole point of cryptocurrencies which means that if there is a takeover by cryptocurrencies most of those entities will be weakened considerably.

Freddie Aguiluz

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Quote from: nursahath07 on November 16, 2017, 09:45:33 AM

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.

Virtual currency in the future will be huge, in the future all things will be digitalized so digital money will be needes so tge transaction will be easy.

kenharry

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Virtual currency has a future in the world economy.The success of Bitcoin since 2010 is an indication that the world is ready for virtual currency. The upward trend in ICO investments also attest that blockchain technology has a future.

NevejElad

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The future depends upon the management of bitcoin, if the bitcoin is still been promoted the usual way then ,it will be continue for the future to come, the future of bitcoin depends also to the support and trust of the customers ,the investors and the people around bitcoin.

iMark

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Quote from: Koko1200 on June 08, 2018, 05:57:00 AM

Some experts say, bitcoin and other cryptocurrencies would take place of a regular economy that we have right now.

Its impossible to happen I think, although the world will get more sophisticated and cashless currencies will get more popular I don't think that crypto will take over the world financial system, I think fiat will have a digital version as well to fit the era, crypto? may have a good future, but will not take over the fiat position

lastnumber

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The future of virtual money like Bitcoin is a trend, a popular form of transaction for business and people. Bitcoin's security and safety is a factor that users are always interested in. But with the condition, there is a consensus from the government for the use of Bitcoin as a legitimate currency. This has not been accepted in my country.

Aristus

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Yeah! It is true that bitcoin is doing great, the very unique digital money that grows beyond what anybody can expect and this makes it price more valuable. But I do not think it is advisable to make as a payment for every working person, this can only be advisable if bitcoin volatility will stop. Look at people who are easily panicking when bitcoin crash, how much more if the bitcoin comes from your salary and sees it crashing.

SirLancelot

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Virtual currencies are even more reliable these days in doing a lot of things. It can serve for various purposes which includes investment, making peer-to-peer transactions, savings and a lot more than I can count. I believe that in the nearest future they will be very useful to all of us.

There are lots of people that has been able to become rich through the help of virtual currencies like Bitcoin, so maybe I should count that as creating job opportunities.

Quote from: Agamatal123 on June 08, 2018, 07:13:58 AM

Since its creation in 2009, Bitcoin and many other digital currencies have rapidly gained popularity. Today, all over the world, it's not uncommon to overhear people chatting about digital currency or related topics. the virtual future of bitcoin is very positive.

Yes the future of virtual currency is very positive. But I doubt the idea that it will one day be used to replace our conventional currencies, that is never going to happen. Conventional currencies that we are using now has taken over and you can’t change that.

Virtual currencies doesn’t even have what it takes to be used as a replacement for fiat. Fiat is very stable all-round, and can also be used electronically, just like making use of you bank app to send and money in your country or maybe using other servers like PayPal.

Redhead5

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Quote from: Koko1200 on June 08, 2018, 05:57:00 AM

Some experts say, bitcoin and other cryptocurrencies would take place of a regular economy that we have right now.

I think virtual curency like bitcoin will have a great future because there are some countries now legalize bitcoin and they start build up laws that would make bitcoin income titled to pay taxes in order to help their economic growth. With this lawful transition I think all cryptocurrencies has a great chances to be legalize in the future but it mlght be takes a long long time to go before it happen.

F.I.L.F

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Quote from: ROB18 on June 08, 2018, 03:24:15 PM

Our world is becoming more digital nowadays and in the future almost all people will be doing things on a digital way. And I believe blockchain, bitcoin, cryptocurrency in general is the answer to this change. Our current system will not be able to cope up with it unless we shift to the digital way.

future development will certainly be more sophisticated, with the existence of blockchain technology for now is good enough for the future.
and bitcoin alone for now can change our lives for a better future and will be of much use later on with real life full of digital technology of course.

artichandra

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No one knows the future of a crypto currency like bitcoin will be what. But since the crypto currency has many advantages whether the crypto currency will not be used anymore?

Hube950

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I see a future for cryptocurrency where there is a financial freedom from these establishment: governments, central banks and large financial institutions.

Where governments and financial institutions embrace the digital currency innovation to run daily lives and transactions without restrictions

Redredred

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Bitcoin has a lot of potentials as revolutionary digital currency. Coinmarketcap.com reported the market capitalization of Bitcoin as $167 billion. This is an an amazing attainment looking at the number of years it has been in existence. This shows that its future and potentials could not be accurately predicted.

ROB18

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Our world is becoming more digital nowadays and in the future almost all people will be doing things on a digital way. And I believe blockchain, bitcoin, cryptocurrency in general is the answer to this change. Our current system will not be able to cope up with it unless we shift to the digital way.

South Park

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Quote from: katiepower on June 08, 2018, 03:59:08 AM

I am convinced that there will be no one global currency. Each cryptocurrency has its own unique properties and scope. If bitcoin is a "digital gold", then Monero focuses on increased anonymity.

The good thing is we do not need to have only one currency, there is going to be a dominant currency, like the dollar right now or the British pound before that, right now the dominant cryptocurrency is bitcoin, and it is going to be the most dominant cryptocurrency for the foreseeable future but that may change, after all if satoshi nakamoto created bitcoin what it is stopping another satoshi nakamoto out there to create something even better.

DRVX

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Quote from: Cloak1 on June 05, 2018, 05:47:09 PM

The future of bitcoin looks promising as of now. I believe Bitcoin will survive in the long term unless a vastly better technology replaces it. The thing Bitcoin provides that people see as so beneficial is it’s lack of centralized control. The centralized control aspect of currencies IS the part that people who use Bitcoin are trying to escape from.

I am sure that in future, Bitcoin and the other really good cryptocurrencies will be growing. It will last for many years. Blockchain technologies will be used in many spheres of our life, and they will become very popular.

RKSummer

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Quote from: speeder on March 10, 2018, 07:32:57 AM

Well as technology begins to evolve i think that in the future the cryptocurrencies will take over and this will be the new way of payment. However, Bitcoin has more benefits than any method of payment.

The virtual currency (cryptocurrency) will survive until the future. It is always here to stay. Day by day, bitcoin and other cryptocurrency become popular. And because of the benefits given by bitcoin, many are now using it. And that is a good sign that bitcoin and other cryptocurrency will last and still remain.

Agamatal123

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Since its creation in 2009, Bitcoin and many other digital currencies have rapidly gained popularity. Today, all over the world, it's not uncommon to overhear people chatting about digital currency or related topics. the virtual future of bitcoin is very positive.

Koko1200

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Some experts say, bitcoin and other cryptocurrencies would take place of a regular economy that we have right now.

bennie4

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Quote from: nursahath07 on November 16, 2017, 09:45:33 AM

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.

You can clearly see that bitcoin is internally recognized indirectly, many countries have issued bitcoin-related laws and consider bitcoin as a legal currency for taxation. Therefore, I believe you should consider investing in long-term bitcoin, buying and keeping one bitcoin for up to two years, you will be able to lose a lot of profit.

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