Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin become a daily currency???
by
syamster
on 13/04/2018, 05:05:16 UTC
I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis.  so now I want to ask the question do you think we will see if it can be used as a daily currency???  or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis.  in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin,  but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/


it will take some time, but I really believe it is going to happen. Main problem now is the volatility, people are afraid to hold bitcoin and spend it because it might lose the 20% of value overnight
Well if you want to earn something you will have to take the risk and you will have to work hard to rise your rank,. Price of bitcoin never reaming the same if you see the price of bitcoin is getting down then you will have to hold your bitcoin with high patience and never think about selling your bitcoin at the panic rating. If today bitcoin lose the value at 20% then it is sure that the price will increase once again, at the 40% so mean profit will be double than the lose.