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    Author Topic: Bitcoin failed as a currency  (Read 7214 times)

    • JustinMoser
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    August 31, 2018, 01:06:02 PM
     #1961
    It is not appropriate because bitcoin is a new currency and still it is unstable it needs time and I think it will become successful as a currency.

  • kniheant
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    August 31, 2018, 01:12:35 PM
     #1962
    in my opinion,I think that the bitcoin do not failed as a currency. Maybe there are some flaws tagt need to be considered but as for the record there are some coubtries that make the bitcoin as an official currency.

  • Tunapress
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    August 31, 2018, 03:21:05 PM
     #1963
    Bitcoin is still considerable as a currency, it is still circulating in the market as a medium of exchange in various countries worldwide, although it is  more popular as an investment choice, it gradually inches its way to succeed as a currency. The expansion of coverage and acceptance from big companies worldwide is a sign that bitcoin is still marching its way to become a stronger currency in its full potential.

  • knggtrrz
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    August 31, 2018, 03:31:28 PM
     #1964
    Quote from: Tunapress on August 31, 2018, 03:21:05 PM
    Bitcoin is still considerable as a currency, it is still circulating in the market as a medium of exchange in various countries worldwide, although it is  more popular as an investment choice, it gradually inches its way to succeed as a currency. The expansion of coverage and acceptance from big companies worldwide is a sign that bitcoin is still marching its way to become a stronger currency in its full potential.

    Yes, even if bitcoin failed to consider as currency now but time will surely come and it will become a currency in the future. We just need to believe and keep supporting the use of bitcoin.

  • callyf
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    August 31, 2018, 03:55:16 PM
     #1965
    The who asked about it that seen several answers of  that is why this  asked

  • pareshnakar
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    August 31, 2018, 03:57:55 PM
     #1966
    no its not faild because we know bitcoin future bright so in future we have show bitcoin as a currency so bitcoin is not a faild as a currency.
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  • Rohacsekne
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    August 31, 2018, 04:09:31 PM
     #1967
    High transaction fees and slow transactions are forcing people to use Bitcoin more as an investment.

  • Bgbolahan
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    August 31, 2018, 04:15:39 PM
     #1968
    Quote from: brawdias on April 23, 2018, 11:30:57 PM
    Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

    Do you guys think that this can change in the long term ?

    I usually regard bitcoin as currecy-asset having both attributes, can be use as a store of value and the same way valuable commodity.

  • TGD
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    August 31, 2018, 04:16:58 PM
     #1969
    Quote from: knggtrrz on August 31, 2018, 03:31:28 PM
    Quote from: Tunapress on August 31, 2018, 03:21:05 PM
    Bitcoin is still considerable as a currency, it is still circulating in the market as a medium of exchange in various countries worldwide, although it is  more popular as an investment choice, it gradually inches its way to succeed as a currency. The expansion of coverage and acceptance from big companies worldwide is a sign that bitcoin is still marching its way to become a stronger currency in its full potential.

    Yes, even if bitcoin failed to consider as currency now but time will surely come and it will become a currency in the future. We just need to believe and keep supporting the use of bitcoin.

    we are surely be sure for this that bitcoin are not as such to be failed for now cause there is a certain time that can happen in bitcoin that most of us can have to shocked for , by not even have to believe on this currency for.

  • Sabana1952
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    August 31, 2018, 04:31:15 PM
     #1970
    valuations are a big concern. A look at the value of bitcoin, the most popular cryptocurrency, reveals that it hit its peak of around $20,000 in December of last year, only to lose, over the next two months, almost two-thirds to less than $7,000. Another popular cryptocurrency, ethereum, has met with the same fate.

  • trauchot
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    August 31, 2018, 04:36:06 PM
     #1971
    I think you're right, most people are interested in earnings with the help of bitcoin, but also many companies use bitcoin technology to develop opportunities that were previously inaccessible. Perhaps everything would have changed if the bitcoin price had not changed that way how we see now, but this is currently impossible, so investment is currently the most profitable business.

  • vovanlau2
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    August 31, 2018, 04:42:08 PM
     #1972
    BTC is so young as currency. When people realize the real value of BTC, I think BTC will accept as currency for sure

  • Andika23
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    September 01, 2018, 06:06:40 PM
     #1973
    I think bitcoin does not fail as currency, it's just how bitcoin pay is different from fiat currency, how to pay bitcoin through online if fiat currency through cash.

  • Rj Manik
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    September 01, 2018, 06:46:13 PM
     #1974
    Bitcoin is often a cryptocurrency exchange that may be correctly operated on-line financial transaction, that may be satisfactory across the world. For that reason bitcoin will be the primary coming from all crypto throughout the coin market hat, which includes in exchanging podium, it seems like because of ideal. Last but not least, bitcoin are unable to don't succeed quickly, since can be better throughout the environment.

  • Elerntta
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    September 01, 2018, 07:58:27 PM
     #1975
    There is every chance that bitcoin will be used for its intended purpose. Due to the fact that it is not yet sufficiently developed in the world as a currency, it is actively used as an investment. It's better than not using it at all.
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  • WebTera
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    September 01, 2018, 09:26:11 PM
     #1976
    I think it is too early to talk about it, as bitcoin is just developing, its price is changing, it is still unstable, and it is too early to be a full-fledged currency. But his time will come.

  • bitvelk
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    September 01, 2018, 09:40:49 PM
     #1977
    Bitcoin was created not so long ago and achieved excellent success as an investment. But he makes a lot of successful steps towards the currency, so we should not yet discard it from the accounts. It is realized as a currency over time.
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  • Blessing97
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    September 01, 2018, 10:05:16 PM
     #1978
    Well, you have a really good and solid point. These days most persons want to just make some quick bucks by investing in bitcoin for the short or long term without really paying any consideration to its main purpose or the reason for which it was created in the first place. I guess we'll just have to wait and see what the future holds and if things would change in either direction.

  • thunderbitz2717
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    September 01, 2018, 10:39:01 PM
     #1979
    Quote from: brawdias on April 23, 2018, 11:30:57 PM
    Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

    Do you guys think that this can change in the long term ?


    No, if you are thinking that Bitcoin is not a currency, well you are wrong! due to if Bitcoin was being accepted as payment in other merchants businesses all over the world. And it is also being used for online transaction. Each country had their exchange where they can able to convert their Bitcoin to their Fiat currency. Which means, it is Bitcoin was being consider as currency thru online.

  • Star_Bucks
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    September 01, 2018, 11:16:25 PM
     #1980
    Quote from: brawdias on April 23, 2018, 11:30:57 PM
    Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

    Do you guys think that this can change in the long term ?


    Bitcoin is still on the process of getting into its goals, which is to be a currency. Maybe we don't really see any progress right now, but i think there are some news where people accepts bitcoin as a currency.
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