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Is Bitcoin going to become more like cash?

  • Thread starter Thread starter Nat
  • Start date Start date
Floura said:
That's true, experience is what really matters in everything we do, if you don't have good experience you'll definitely suffer you might even lose a lot of cash.
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That's right, if you don't have experience you are expected to work hard in other to get it, I believe with experience you can do limitless, if you have good experience you'll stand a better chance of succeeding.
 
Bitcoin would definitely not be like cash even though it could be used for transactions online.
It is just a digital currency, and would never entirely replace cash.
 
Immilash said:
That's right, if you don't have experience you are expected to work hard in other to get it, I believe with experience you can do limitless, if you have good experience you'll stand a better chance of succeeding.
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You are on point, of you know what you are doing you can earn a considerable amount of money with it, staying in one place might not be a good idea you need to act right now.
 
Floura said:
You are on point, of you know what you are doing you can earn a considerable amount of money with it, staying in one place might not be a good idea you need to act right now.
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You can actually earn a considerable amount of money trading Bitcoin,or you can even decide to be investing on it, this are all good ways to earn money with Bitcoin online.
 
Immilash said:
You can actually earn a considerable amount of money trading Bitcoin,or you can even decide to be investing on it, this are all good ways to earn money with Bitcoin online.
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The level of volatility around bitcoin is very high and that is why it is the most volatile crypto coin.
The volatility calls for serious research to be done before you even try to invest in it.
 
Ononivami said:
The level of volatility around bitcoin is very high and that is why it is the most volatile crypto coin.
The volatility calls for serious research to be done before you even try to invest in it.
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That's right, but I don't think Bitcoin has a high volatility as that of forex pairs, of you are trading both cryptocurrencies and forex you can understand what I mean.
 
Immilash said:
You can actually earn a considerable amount of money trading Bitcoin,or you can even decide to be investing on it, this are all good ways to earn money with Bitcoin online.
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There's a lot of ways that use can use to earn money online with cryptocurrencies but you have to have a good experience before you can actually earn a decent amount of money.
 
Floura said:
There's a lot of ways that use can use to earn money online with cryptocurrencies but you have to have a good experience before you can actually earn a decent amount of money.
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If there is any niche in the internet business that needs a prior experience and a lot of technical know-how it is the cryptocurrency space and that is why you need to acquire the knowledge about it.
 
Floura said:
Well I don't think so, if Bitcoin become more like cash I believe most people will be interested In using Bitcoin online, I don't think Bitcoin is going to be more like cash.
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I doubt much if Bitcoin is going to be like the cash we use, what I noticed from Bitcoin is that, it save as source of exchange only in the online financial market.
 
Georgeadawara said:
I doubt much if Bitcoin is going to be like the cash we use, what I noticed from Bitcoin is that, it save as source of exchange only in the online financial market.
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The market capitalisation of Bitcoin is very huge and that she was that it is gradually becoming a household name and it is gaining popularity everyday.
 
Immilash said:
That's right, if you don't have experience you are expected to work hard in other to get it, I believe with experience you can do limitless, if you have good experience you'll stand a better chance of succeeding.
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Genie01 said:
Bitcoin would definitely not be like cash even though it could be used for transactions online.
It is just a digital currency, and would never entirely replace cash.
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I do not think that Bitcoin will become like cash or fiat currencies because both of them are very different from each other. Cryptocurrencies are digital currencies while fiat currencies are not.
 
Bitcoin can not be like cash. Its a digital currency that was made to spent online. Today, you can make purchases and do a lot of things online with bitcoin but I don't think it can be like cash.
 
I doubt if Bitcoin is becoming more like cash, a lot of people are now having interested in Bitcoin, I don't believe with the way Bitcoin is falling a lot of people will be interested in buying.
 
Good-Person said:
I do not think that Bitcoin will become like cash or fiat currencies because both of them are very different from each other. Cryptocurrencies are digital currencies while fiat currencies are not.
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You are right sir, Bitcoin will not become like cash but I think all of them are money and the only difference is that cryptocurrencies are just digital money that we make use online.
 
Immilash said:
You are right sir, Bitcoin will not become like cash but I think all of them are money and the only difference is that cryptocurrencies are just digital money that we make use online.
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Bitcoin may not become like cash in reality. But I think that it could become some sort of digital money as there are so many companies and different kinds of businesses that are accepting bitcoin.
 
Good-Person said:
Bitcoin may not become like cash in reality. But I think that it could become some sort of digital money as there are so many companies and different kinds of businesses that are accepting bitcoin.
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That's true, a lot of people and companies are accepting Bitcoin, Bitcoin will just be it's normal digital currency and nothing more, it's never going to be like cash.
 
Immilash said:
That's true, a lot of people and companies are accepting Bitcoin, Bitcoin will just be it's normal digital currency and nothing more, it's never going to be like cash.
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There are many companies that are accepting bitcoin but i think that such digital coins still needs to gain much more popularity as the value of currency has declined and the popularity has also declined due to low adoption.
 
Good-Person said:
There are many companies that are accepting bitcoin but i think that such digital coins still needs to gain much more popularity as the value of currency has declined and the popularity has also declined due to low adoption.
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You are right, Bitcoin don't really have good value at the moment, we have a lot of cryptocurrency out there that are way ahead of Bitcoin, I don't know why Bitcoin is that pupolar unlike other cryptocurrencies.
 
I wouldn't say it's like cash. People are reluctant to spend it on the premise it will go up in value over time. Cash as we know it is incentivized to spend as it diminishes in value over time
 
Nat said:
Yes it will replace physical cash in the farthest future. It is a form of exchange in some countries. People use to it to buy and sell items online. In a different decentralised world of it's own , self governing your currency gives you power and control over it . It wil happen eventually
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I think it could happen. Bitcoin is accepted in different places already. Other cryptocurrencies are gaining traction too.
 
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