Post
Topic
Board Bitcoin Discussion
Re: 200,000,000 USD is being transfered daily using bitcoin!
by
Lauda
on 03/03/2017, 08:04:03 UTC
I thought as much because the amount looks too huge but if it is indeed credible then Bitcoin is really going places and I have no doubt the rate at which it is rising in price might propel a lot of us into riches.
Shitpost #1.

Wow that is huge amount of bitcoins and money that are being transferred everyday and that is living proof that the bitcoin is getting much bigger and stronger day by day.
Shitpost #2.

This is one of the factors that cause the price of the bitcoin continues to skyrocket, I bet the price of the bitcoin can reach $2.000 so that I hold all bitcoin which I have.
Shitpost #3.

-snip-
If Swift and chips that handles bigger amount of transaction every year, bitcoin could exceed those numbers in the future, maybe around 20-40 years later. I mean we can compare the value of bitcoin has been spread = for 44 years equal to the current age of Swift or anything else.
Bitcoin should not, and will not compete with the likes of Swift. People are truly delusional around here and have no idea what they're talking about. Bitcoin can not compete on-chain with a centralized payment system. That is just not possible.

200 Million is really huge and this means one thing for us bitcoin holders. we're getting richer everyday if anyone isn't happy about that, i don't know what will make you happy because more money means more pussies. very slow confirmation these days though.
It means almost nothing. Shitpost #4.

Doing a comparison with other systems would be fair, if we had the statistics of these systems at the same stage where Bitcoin is now. < Did they process the same amount or less than Bitcoin at the time
N0. Bitcoin should not be compared with other payment systems. I don't understand how people don't see the false comparison. Bitcoin is primarily a currency and a platform. Swift, Visa or whatever are not currencies.