Where are we going with cryptocurrency? - page 3.

Yakamoto

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Quote from: Amph on June 19, 2017, 04:30:57 AM

crypto attract new investors because it's a new territory to be discovered, and investors like to invest in something new that have potential like crypto especially bitcoin and ETH

the value will continue to increase which will bring more increase, i believe crypto is the safest bet now, there is no other better return on any investment out there

I'm thinking that it is very easy to equate the gold rush with what we're seeing within the crypto markets right now, that's essentially why everything is going up in value. I kind of want to start being more involved with it, and start getting in on some of the "panning" people are doing, but at the same time selling the shovels and sieves makes me money, albeit less.

Hutalar

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Quote from: ocid on June 18, 2017, 11:27:31 PM

Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

If all that happens bitcoin capable of known by many people then surely more and more the offline merchants who use payment with bitcoin, So with that everyone traveling will definitely not forget to bring their gadgets because with it they can make transactions everywhere either with barcode bitcoin or the other.

Yes for sure as because of the increasing price of Bitcoin is now high and most of the merchants are able to get bill through Bitcoin and now we can hope the future of Bitcoin will be the most popular currency. Soon our governments will also accept it and it will become legal currency. Its most price is increasing in investment and trading for sure the future of Bitcoin is bright and through Bitcoin our future is secure. online payment made life very easy and Secure.

Amph

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crypto attract new investors because it's a new territory to be discovered, and investors like to invest in something new that have potential like crypto especially bitcoin and ETH

the value will continue to increase which will bring more increase, i believe crypto is the safest bet now, there is no other better return on any investment out there

DoublerHunter

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We are going to be rich with cryptocurrency because if we buy now and hold it for long term then it will make us rich because bitcoin is like a real estate property that year after year the price is keep going up and the only winners in the end are long term people so i don't think any kind of negative thoughts because bitcoin already gave me good life.

Fatanut

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Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

Honestly, I think that there would be lots of dramas as we grow in numbers. Just like in everything else, humans tend to destroy things over simple and silly stuffs. There would be people, might even grow to teams, spreading FUD out there just so they can pump/dump the coins that they like. People will be busy trading. Never have I seen a bitcoin user that didn't eventually go full time on trading by quitting their day job. I guess it's because we have very low pay rate in my country but I also talked to some people in slack. They also quit their day job to go all in in making money from cryptocurrencies. We all want a money making method in which we can decide when to do work, and when to take a rest.

crwth

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The always answer and the optimistic answer is up. Of course, the prices of the cryptocurrency will rise because we are in the technological age, and nothing will stop that because technology helps us so much. There are always surprises with Bitcoin and sometimes the alternative coins, maybe someday it would be priced so like ten thousand USD.

slaman29

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That's a really good question now, especially if you accept that this so-called mainstream adoption is starting to happen. I see Bitcoin being asked on Twitter and IG a lot now, even as ads are found on facebook. People who have never heard it will now quickly understand crypto.

We saw all the new entrants this year. Imagine next year!

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

My head says, as Bitcoin become more mainstream the price will skyrocket and the majority of the hoarders will sell to the rich. < Fiat millionaire investors and traders > The distribution of bitcoins will change hands and will be hoarded as a investment and not as a currency. Bitcoin will replace some of the traditional safe haven commodities, like Gold and Silver. You will also see various new versions of Bitcoin, but these will be centrally controlled private/permissioned Blockchains. < Your GovCoins / BankCoins > These coins will replace cash as a currency, because it can be tracked and monitored. ^grrrrrrr^

My heart says, Bitcoin will stay on top as the global currency and commodity. ^smile^

coynedterm

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Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

I think not every people would like to accept the cryptocurency , the reason behind this factor is that people have the habit to have the traditional money , since few of them knows about the Bitcoin bit they don't want enter in it and also they don't know how to deal also with them .
So the future of the cryptocurrency will don't matter a thing for those traditional people .
So I think here few numbers of the people in this world who want to go with the future where we can make a small small deals without any much taxation and charges and also our life will digital like the technology in our practical life .
But this is the reality few people in this world don't want cryptocurrency to remain exists because they are thinking that it is money rotation only .

iqlimasyadiqa

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Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

I think in the future bitcoin will become a very popular currency. With its development now bitcoin may well be the currency recognized by the government of a country. But support factors such as trust and enthusiasm should be demonstrated by bitcoin users today are important.

Amevalentine

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It is true that more and more interest in the business world to use crypto currency in the market, but this can not be used maximally for the payment of daily needs, but for assets, or trading, its good using.

romero121

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Quote from: ufaiz50 on June 18, 2017, 11:21:03 PM

Quote from: Sniper44 on June 18, 2017, 02:14:19 AM

Quote from: xuan87 on June 18, 2017, 02:08:54 AM

There are a lot of people knew about crypto currencies especially bitcoin, the number of people that aware of bitcoin has been up very fast, most of my friends knew about bitcoin but not all of them want to used bitcoin, because they always heard the bad news about bitcoin so they thought that bitcoin is a criminal coin, we still need to increase the bitcoin popularity so everyone aware of bitcoin potential, if everyone had the same vision bitcoin could be become big and useful

maybe it is just a difference in the crowd or something else but i have never heard anyone (in real life) say they think bitcoin is "criminal coin". they may not fully understand it or make a lot of mistakes thinking blockchain.info is the only way to use bitcoin like how paypal is the only way to use paypal money but the mentality of "bitcoin is for criminals" died a long time ago.

maybe those who call bitcoin are criminal coin due an anonymous bitcoin system. maybe they reading some article about bitcoin to be a tool to fund terrorist acts because I've seen such articles.

Lot of negativity is getting spread about bitcoin through different sources. This is simply because of the mistakes that caused with certain users. Mainly when a user ia new to bitcoin easily gets trapped by scammers and such incidents make them spread negativity regarding bitcoin, while few accept their mistake and try to correct it.

DOGE12321

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Hopefully, it would be most of the population. Then the price would rise. Bitcoin was built in a certain way. If the price doesn't rise to a higher number, then Bitcoin would most probably die off. This is because block reward would essentially cease by 2140.

doomistake

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Quote from: ladydark on June 18, 2017, 12:57:37 AM

Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

More people are aware of bitcoin today yet there are people of considerable volume who don't know about bitcoin.If every one knows about bitcoin,its demand would increase more increasing its price as bitcoin supply is limited.Bankers would lose their control over the society more.More unemployed people would get opportunity to earn through bitcoin.

Many people do know about bitcoin, but they are just ignoring it, they just want to earn fiat since this is the only thing they know. Most of the people thought bitcoin was just a scam that is why they are hesitating to do it. Cryptocurrencies could lead us to something that we are not expecting to, I mean the good way. This cryptocurrencies, I believe could make our world a better place, to change things to a better one.

Some of the countries already adopted bitcoin, already make as their cryptocurrency, for example is Japan, and I think this is one of the reason why bitcoin's price is not going down that far unlike to its past few years which its price was really low.

ocid

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Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

If all that happens bitcoin capable of known by many people then surely more and more the offline merchants who use payment with bitcoin, So with that everyone traveling will definitely not forget to bring their gadgets because with it they can make transactions everywhere either with barcode bitcoin or the other.

ufaiz50

hero member

Activity: 1666

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Quote from: Sniper44 on June 18, 2017, 02:14:19 AM

Quote from: xuan87 on June 18, 2017, 02:08:54 AM

There are a lot of people knew about crypto currencies especially bitcoin, the number of people that aware of bitcoin has been up very fast, most of my friends knew about bitcoin but not all of them want to used bitcoin, because they always heard the bad news about bitcoin so they thought that bitcoin is a criminal coin, we still need to increase the bitcoin popularity so everyone aware of bitcoin potential, if everyone had the same vision bitcoin could be become big and useful

maybe it is just a difference in the crowd or something else but i have never heard anyone (in real life) say they think bitcoin is "criminal coin". they may not fully understand it or make a lot of mistakes thinking blockchain.info is the only way to use bitcoin like how paypal is the only way to use paypal money but the mentality of "bitcoin is for criminals" died a long time ago.

maybe those who call bitcoin are criminal coin due an anonymous bitcoin system. maybe they reading some article about bitcoin to be a tool to fund terrorist acts because I've seen such articles.

justspare

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Activity: 1022

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Quote from: ubitcoin on June 17, 2017, 03:39:50 AM

Quote from: bamboylee on June 13, 2017, 02:41:36 AM

Not much. None of the crypto is applicable for daily use and to an average joe, it is still easier to use fiat than crypto. If anything, the only users that can be added are gamblers and speculators or traders.

Now a days it is a digital age where everyone is aware of new technologies and its benefits so it is no longer for that everywhere in the world people will start using cryptocurrencies for daily life usage. Because of its high demand and the much using a lot of people are aware of cryptocurrency and still not much enough for it. It is increasing more and more now in trading marketing and investing as well.

Today is the age of Technology and people are no doubt aware of a technologies in old age bitcoin was not invented people were using some other currency they are of many other names they invested and then vanished but now a new and most adorable technology is invented and being used by all around the world not just now but in future as will we will become more and more advanced cities and a very well developed work so we can set Bitcoin is a start of new well develop and well advance state.

cafucafucafu

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Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

If we can get enough people to adopt bitcoin and therefore have a mass adoption, then this is truly special.

Essentially what is going to happen if we get, say 50% of the world's population to start using bitcoin, we are going to basically get the central banks, commercial banks, all of them out of business because they've just lost 50% of their customers! This in turn will make them have to reduce their competitiveness because they're not raking in as much anymore. This will fuel more people investing in bitcoin.

What i see happening is that bitcoin is going to see a lot of growth in userbase over the next few decades and that's what is going to ultimately fuel the increase in bitcoin price.

babysweetTiger0401

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Quote from: isabella01 on June 13, 2017, 02:22:07 AM

As soon as majority of the world is informed and knows about digital currency, what do you think will happen? No matter how good it sounds to traditional banking, how much of the population will make cryptocurrency grow?

That would depend in the adaptation of the community of bitcoin believer, due to nowadays crytptocurrency is not like bitcoin were it can be used online payment, billings, online shopping and saving bitcoin.

Sniper44

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Quote from: xuan87 on June 18, 2017, 02:08:54 AM

There are a lot of people knew about crypto currencies especially bitcoin, the number of people that aware of bitcoin has been up very fast, most of my friends knew about bitcoin but not all of them want to used bitcoin, because they always heard the bad news about bitcoin so they thought that bitcoin is a criminal coin, we still need to increase the bitcoin popularity so everyone aware of bitcoin potential, if everyone had the same vision bitcoin could be become big and useful

maybe it is just a difference in the crowd or something else but i have never heard anyone (in real life) say they think bitcoin is "criminal coin". they may not fully understand it or make a lot of mistakes thinking blockchain.info is the only way to use bitcoin like how paypal is the only way to use paypal money but the mentality of "bitcoin is for criminals" died a long time ago.

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