Quote from: ir.yance on August 04, 2018, 03:18:40 PM

Quote from: KingScorpio on July 30, 2018, 01:51:59 AM

for those that still actually think that bitcoin is going to be the monopolistic future world currency

this is how it will look like,

marketing slogan looks also familiar with the mindset of many bitcoin supporters.

if we look at the current state of the crypto currency market, it is unlikely that bitcoin will become the world currency. now the market is experiencing a very strong shock, there is often a decline and it is difficult to rise again.

This will take time to happen.Bitcoin is used by only a small percentage of people only.Many people have no idea about bitcoin and cryptocurrencies.Bitcoin is even banned in some nations and it is also very risky as it is unstable and very volatile.Bitcoin is decentralised so no central bank or government supports it.Since bitcoin is a new concept so people are not accepting it easily.People are still preferring fiat although it has some advanatges over fiat currency.