Quote from: 20kevin20 on December 10, 2016, 06:26:27 PM

Quote from: deisik on December 10, 2016, 05:24:15 PM

Quote from: 20kevin20 on December 03, 2016, 10:45:05 PM

Quote from: MMA on December 03, 2016, 10:41:53 PM

Quote from: n0ne on December 03, 2016, 07:42:21 PM

If every nation adopts cashless system, bitcoin will surely be the currency of the future days. The reason is that no other digital currency has got acceptance and popularity similar to bitcoin though lots of digital currencies have got existed.

yes that is a fact that there is not any other currency which be compare to bitcoin, hope that bitcoin will be the future of money, as people are continuously accepting bitcoin and bitcoin is becoming more and more popular.

The idea of Bitcoin will be recreated, but Bitcoin will never become the currency for any country. These Elites are seeking to control everything they can. Bitcoin is like their enemy - they would be dead without having counted each step we make and as much information as they can.

That is highly unlikely

If Bitcoin was the worst enemy of the elites they could without much ado either buy it directly or outmine every miner out there. Bitcoin is too tiny to be the worst enemy of anyone of that calibre. If it ever lives up to that, we will certainly see some action toward or against it. Though the elites would likely choose to use it to their own advantage

Look at India. Many people are looking for Bitcoin right now, so many that they are using a premium price for 1BTC: $1200! That's insane. If you found out your bank notes will be valued at $0 tomorrow.. Wouldn't you prefer using Bitcoin instead of who knows what else? Bitcoin, Gold and Silver are the most used ones in India at the moment. Bitcoin is their enemy because it's anonymous. Anonymous things are their targets. The future of money will be virtual, but it certainly won't be an anonymous one.

It is in fact debatable how many people are actually looking for Bitcoin right now in India. And so high a price seems to confirm that the number of these people is not very great, though this is obviously counterintuitive. Really, if so many people were looking for bitcoins, then its price would have skyrocketed everywhere, and not just in India alone. Don't forget that India has a population of more than a billion...

There should be other reasons explaining such price, provided it is really so in the first place