Why Bitcoin is the best future currency? - page 15.

BitHodler

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Quote from: Hazir on May 16, 2016, 04:26:27 AM

Quote from: Blacula X on May 15, 2016, 05:07:29 PM

Quote from: MaxTax on May 15, 2016, 04:25:51 PM

Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.

Huh?

Got sauce for this wackiness?

Bitcoin market cap is currently $7,120,170,555 with 15,548,125 BTC mined.
Paypal market cap is estimated to be over $50 billion (Paypal market cap was exactly at $46.6 billion in July 2015).

He is talking about transaction volume in terms of $$$.

Bitcoin transaction volume last 30 days 53,900,000 BTC = around $23,700,000,000

PayPal transaction volume last 30 days = $26,600,000,000

Bitcoin is very close.

arwin100

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Jack of all trades 💯

Physical money is still the very best currency because many people select dollars because it has law and rules by the top strongest ecomonic country in the world while bitcoin is just an e-currency and only cam be called the best crypto currency existing.

MaritiJames3

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Bitcoin is the future because its fully digital and is getting more popular everyday globally, I think there is a good chance that the bitcoin is gonna rise to a higher amount and is becoming a currency.

FabioDelcatto

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Quote from: ajun96 on May 15, 2016, 10:51:13 PM

Quote from: eternalgloom on May 11, 2016, 09:28:04 AM

The fact that no physical currency is involved does not make it the best currency in my opinion.
It's specifically the technology behind it and the decentralized nature of Bitcoin that make it the best future currency.

yeah decentralization make different bitcoin. although bitcoi created by someone but the creators can not control the bitcoin. and bitcoin could stand alone and dependent on the user.
more and more users, then the price will be higher bitcoin. this is the difference from other currencies

Bitcoin is digital money and as you also can see now you see also that there will be more people that is going to use some Bitcoin so that is perfect.
But we have also to promote it more and that is important to make it also more popular.

Viyamore

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Quote from: Josef27 on May 17, 2016, 12:45:46 AM

Because it was sent back in time to save us from the New world order. John Titor traveled back in time from 2030, and gave the bitcoin code to Satoshi. To save humanity from NWO control, and WW3. Cool

Is it true ?i only know that john titor is a time traveller but that is only a conspiracy theory that has blnot been proven.but if that reason will save humanity that will be a good one.

npredtorch

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Quote from: Junko on May 17, 2016, 12:31:19 AM

It is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

It is also easy to set up a wallet and it's completely transparent. Details of every single transaction that ever happened in the network is recorded and stored in the ledger/blockchain.

Yes! it is decentralized, and anonymous too! Transactions are transparent but being anonymous also give some bad reputation to bitcoin. Like using bitcoin as a MOP for deep web activities. It would be good if in the future, goverment security agencies will have some tool to locate physical address from the sender up to the receiver of a transaction, which can be use for security enforcement cause AFAIK there's no way to do that now.

"With great power comes great responsibility" - Bitcoin lol.

Josef27

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Because it was sent back in time to save us from the New world order. John Titor traveled back in time from 2030, and gave the bitcoin code to Satoshi. To save humanity from NWO control, and WW3. Cool

Junko

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It is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

It is also easy to set up a wallet and it's completely transparent. Details of every single transaction that ever happened in the network is recorded and stored in the ledger/blockchain.

delliaerd

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Quote from: romero121 on May 16, 2016, 04:20:31 AM

It gives digital access as there is no need of conversion when people travel country to country. I feel this reason stands first when we think of bitcoin to be the best future currency.

Yeah i couldn't agree more with you dude, bitcoin use internet access connection and don't need to make conversations if you want to transact some bitcoin, also the price is very low.

digaran

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🖤😏

You can have your own bank account in a few minutes , I mean how cool is that?
Without leaving your home.
Bitcoin made it happened for me.

Supercrypt

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Quote from: Doms on May 15, 2016, 11:09:27 PM

It's called the future because it is uncertain. Saying BTC is the best future currency is like saying I'm gonna be rich tomorrow. We all know that BTC has very good technology to back it, and supporters are increasing by the day. But with it being in its early stages, it's hard to tell if BTC will indeed be the best of its kind. We might wake up one day with a better version of crypto currency being touted as the next big thing.

Exactly. I don't quite get where the idea that bitcoin is the 'best future currency' came from because it just basically disregarded that there is no room for new 'bests'. It just removed the possibility of something better that might come by the next few decades, centuries even. But as far as I can see, bitcoin is the best future currency for our generation.

Hazir

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Quote from: Blacula X on May 15, 2016, 05:07:29 PM

Quote from: MaxTax on May 15, 2016, 04:25:51 PM

Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.

Huh?

Got sauce for this wackiness?

Bitcoin market cap is currently $7,120,170,555 with 15,548,125 BTC mined.
Paypal market cap is estimated to be over $50 billion (Paypal market cap was exactly at $46.6 billion in July 2015).

romero121

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It gives digital access as there is no need of conversion when people travel country to country. I feel this reason stands first when we think of bitcoin to be the best future currency.

Edwardard

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Bitcoin is spreading all over the world day by day. before five years bitcoin price was 30$ but now it is 450$. After 5 more years it will rise more and it will become the best future currency.

Doms

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It's called the future because it is uncertain. Saying BTC is the best future currency is like saying I'm gonna be rich tomorrow. We all know that BTC has very good technology to back it, and supporters are increasing by the day. But with it being in its early stages, it's hard to tell if BTC will indeed be the best of its kind. We might wake up one day with a better version of crypto currency being touted as the next big thing.

ajun96

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Quote from: eternalgloom on May 11, 2016, 09:28:04 AM

The fact that no physical currency is involved does not make it the best currency in my opinion.
It's specifically the technology behind it and the decentralized nature of Bitcoin that make it the best future currency.

yeah decentralization make different bitcoin. although bitcoi created by someone but the creators can not control the bitcoin. and bitcoin could stand alone and dependent on the user.
more and more users, then the price will be higher bitcoin. this is the difference from other currencies

Blacula X

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Quote from: MaxTax on May 15, 2016, 04:25:51 PM

Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.

Huh?

Got sauce for this wackiness?

angaper

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I think it is not good to be so overconfident about the future of bitcoin, my friend. Actually this new currency is still very recent in the history of economy and finances, and we don't have enough references to foresee with accuracy its future behavior, that is why at this moment I still prefer to rely on old options (dollars, metals, etc.)

MaxTax

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Quote from: toy4lov3rs on May 15, 2016, 04:14:23 PM

Quote from: Akupuniard on May 15, 2016, 01:34:48 PM

I don't know why bitcoin is the best future currency, maybe people will discover something new, bigger and better. You will never know what happen in future, that's what i'm thinkign.

That's true anything is possible with bitcoin, either it will skyrocket or simply disappear but we hope that it will reach to a new level in coming years.

I beg to differ. When it comes to new currency's there are not many alternatives. From the handful we have cryptography and more specific bitcoin has the most potential. Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.

toy4lov3rs

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Quote from: Akupuniard on May 15, 2016, 01:34:48 PM

I don't know why bitcoin is the best future currency, maybe people will discover something new, bigger and better. You will never know what happen in future, that's what i'm thinkign.

That's true anything is possible with bitcoin, either it will skyrocket or simply disappear but we hope that it will reach to a new level in coming years.

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