Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: mat_williams on April 26, 2016, 06:45:31 AM



Title: Bitcoin - A New Form of Money
Post by: mat_williams on April 26, 2016, 06:45:31 AM
Hey guys,

I am relatively new to the bitcoin world, and was fascinated at the fact of a concurrency. I have some questions about bitcoin, if any of you fine gentlemen (or gentlewomen) would be kind enough to answer:

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
What is Bitcoin - a brief history

Does it have the characteristics of money? Is it able to fulfill the functions of money?

How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Please provide some evidence for your answers, such as a link to the website the information came from. This is so I can verify validity of data, and explore more ideas discussed in the links that you send me.

Thank you all so much, may bitcoin prosper for eternity!



Title: Re: Bitcoin - A New Form of Money
Post by: OgNasty on April 26, 2016, 06:47:46 AM
Welcome. You've come to the right place to search for the answers to all your questions. Happy reading!


Title: Re: Bitcoin - A New Form of Money
Post by: mat_williams on April 26, 2016, 06:56:15 AM
Welcome. You've come to the right place to search for the answers to all your questions. Happy reading!

Sir, you seem like a reputed member of this forum. Could you kindly answer some of my questions?
Would be greatly appreciated :)


Title: Re: Bitcoin - A New Form of Money
Post by: qiwoman2 on April 26, 2016, 06:59:04 AM
Bitcoin can be considered money in many respects. It can easily be divided, it can be a store of wealth, it can be used for transactions, so in effect, I believe it can be classed as money. In real terms it will be classed as money if it's value goes up steadily over time, so we really need another 50-100 years to determine 100% if it can be classed as money. That is my own thought on this.


Title: Re: Bitcoin - A New Form of Money
Post by: xIIImaL on April 26, 2016, 07:35:56 AM
Hey guys,

I am relatively new to the bitcoin world, and was fascinated at the fact of a concurrency. I have some questions about bitcoin, if any of you fine gentlemen (or gentlewomen) would be kind enough to answer:

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
What is Bitcoin - a brief history

Does it have the characteristics of money? Is it able to fulfill the functions of money?

How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Please provide some evidence for your answers, such as a link to the website the information came from. This is so I can verify validity of data, and explore more ideas discussed in the links that you send me.

Thank you all so much, may bitcoin prosper for eternity!




First of all welcome to BTC world, Bitcoin is the digital currency which gonna rule the world in future. Please check the videos in Youtube as Bitcoin documentary, check the rate with preev site and main forums are Btctalk and reddit where you can find the people who knows well about bitcoin and uses.


Title: Re: Bitcoin - A New Form of Money
Post by: Sweetbtc on April 26, 2016, 07:37:50 AM
Yes, its a digital form of currency


Title: Re: Bitcoin - A New Form of Money
Post by: maku on April 26, 2016, 07:51:35 AM
Hey guys,

I am relatively new to the bitcoin world, and was fascinated at the fact of a concurrency. I have some questions about bitcoin, if any of you fine gentlemen (or gentlewomen) would be kind enough to answer:

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
What is Bitcoin - a brief history

Does it have the characteristics of money? Is it able to fulfill the functions of money?

How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Please provide some evidence for your answers, such as a link to the website the information came from. This is so I can verify validity of data, and explore more ideas discussed in the links that you send me.

Thank you all so much, may bitcoin prosper for eternity!


Why don't you see some great FAQ we have at https://bitcoin.org/en/faq (https://bitcoin.org/en/faq) It will answer most of your question in a efficient way.
If you want know some advanced info, please ask further question.


Title: Re: Bitcoin - A New Form of Money
Post by: mat_williams on April 27, 2016, 03:39:09 AM
Thank you very much for these links, I will read them and come back with further questions!


Title: Re: Bitcoin - A New Form of Money
Post by: mat_williams on April 28, 2016, 02:59:26 AM
would anyone else like to add their input  ::)


Title: Re: Bitcoin - A New Form of Money
Post by: MingLee on April 28, 2016, 03:02:15 AM
Go read the whitepaper if you haven't already, and look for some historical Bitcoin articles. Most of the hype starts around 2013, when the price hit $1.2k.

Aside from that, there have probably been a few timelines for Bitcoin published, and those would be good to look at to.


Title: Re: Bitcoin - A New Form of Money
Post by: boyptc on April 28, 2016, 03:05:15 AM
Welcome to the forum and yes bitcoin is a new form of money - digital/virtual currency. All of your answers were just around this forum you just need to read it.


Title: Re: Bitcoin - A New Form of Money
Post by: ebliever on April 28, 2016, 03:06:57 AM
I suggest reading the Guides at Coindesk. Some of it is a little dated but overall it will give you a good education on bitcoin including with respect to your questions:

http://www.coindesk.com/information/


Title: Re: Bitcoin - A New Form of Money
Post by: btccashacc on April 28, 2016, 03:17:06 AM
Quote
What is Bitcoin - a brief history
Well, i think you might check this link and read or watch them one by one properly.
https://www.youtube.com/watch?v=Um63OQz3bjo
https://www.youtube.com/watch?v=Gc2en3nHxA4
https://en.bitcoin.it/wiki/Help:FAQ

Quote
Does it have the characteristics of money? Is it able to fulfill the functions of money?
For transaction like other currency, of course Yes.


Quote
How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
In my country, there are more than 151.680 members are already registered on our local exchanger


Title: Re: Bitcoin - A New Form of Money
Post by: boyptc on April 28, 2016, 03:19:11 AM
Quote
What is Bitcoin - a brief history
Well, i think you might check this link and read or watch them one by one properly.
https://www.youtube.com/watch?v=Um63OQz3bjo
https://www.youtube.com/watch?v=Gc2en3nHxA4
https://en.bitcoin.it/wiki/Help:FAQ

Quote
Does it have the characteristics of money? Is it able to fulfill the functions of money?
For transaction like other currency, of course Yes.


Quote
How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
In my country, there are more than 151.680 members are already registered on our local exchanger

I would like to add also to OP to try to visit this thread https://bitcointalk.org/index.php?topic=7269.0
this would be  helpful for him.


Title: Re: Bitcoin - A New Form of Money
Post by: mobnepal on April 28, 2016, 03:33:19 AM
Yes bitcoin is like virtual money without any physical assets supporting it. Its more like digital gold, and can be traded in real life trading market in different pairs like btc-usd, btc-eur etc. Bitcoin is quite popular in europian and american community so there is lot more space for its expansion in adoption which is good point in view of elite trader. So if you are asking this to get into bitcoin, than i suggest you to buy some before it get pumped after upcoming halving.

Bitcoin is the first of its kind and is most popular crypto currency but there are also many altcoin starting from modifying some functions of bitcoin.


Title: Re: Bitcoin - A New Form of Money
Post by: SanaButt on April 28, 2016, 03:44:39 AM
Yes bitcoin is a new form of money. Bitcoin is online famous currency and the way of earning is easy , most of the qualities are here in bitcoin, in that reason people like it more than others currencies. you can use bitcoin, in investment, trading, and also gambling but it depend on you how can use it and get profit. 


Title: Re: Bitcoin - A New Form of Money
Post by: delliaerd on April 28, 2016, 03:53:19 AM
Yes bitcoin is a new form of money. Bitcoin is online famous currency and the way of earning is easy , most of the qualities are here in bitcoin, in that reason people like it more than others currencies. you can use bitcoin, in investment, trading, and also gambling but it depend on you how can use it and get profit. 

Quite sure, bitcoin is new form of money which have called Cryptocurrency.  This new currency can used by anonymously and easy if you would use it  . Moreover many other advantages of the features of bitcoin.


Title: Re: Bitcoin - A New Form of Money
Post by: Mumbeeptind1963 on April 28, 2016, 03:54:24 AM
Bitcoin is a new form of money. A money that can gain profit without doing anything just wait only the price to increase so thats it. I think bitcoin now is ahead to real money. Because this currency is not just only money that you need, this is the money that can earn money.


Title: Re: Bitcoin - A New Form of Money
Post by: n0ne on April 28, 2016, 06:59:24 AM
Bitcoin is a new form of money. A money that can gain profit without doing anything just wait only the price to increase so thats it. I think bitcoin now is ahead to real money. Because this currency is not just only money that you need, this is the money that can earn money.

Bitcoin has evolved as a new form of currency with its digital form. Digital currency has been used as an payment as well as a earning.


Title: Re: Bitcoin - A New Form of Money
Post by: matanx on April 28, 2016, 07:20:37 AM
it is hard to say it is money or not?
it has similar characteristic of money but it also lack of goverment support(military or none military way)
it has service provider like bank(E.G. Hong Kong ANX)


Title: Re: Bitcoin - A New Form of Money
Post by: thend1949 on April 28, 2016, 11:26:08 AM
Bitcoin is a new form of money because we can use it as money . we can use it as real as money but money has a physical appearance the bitcoin dont have physical appearance.


Title: Re: Bitcoin - A New Form of Money
Post by: Vaskiy on April 28, 2016, 03:26:15 PM
Bitcoin is a new form of money because we can use it as money . we can use it as real as money but money has a physical appearance the bitcoin dont have physical appearance.
Yeah it has no physical appearance but we can earn more from it just we want to wait for its price increase, it is anonymous decentralized and has unique features than other currencies which makes it the best currency in the crypto world.


Title: Re: Bitcoin - A New Form of Money
Post by: ZOOM007 on April 28, 2016, 03:33:46 PM
Hey guys,

I am relatively new to the bitcoin world, and was fascinated at the fact of a concurrency. I have some questions about bitcoin, if any of you fine gentlemen (or gentlewomen) would be kind enough to answer:

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
What is Bitcoin - a brief history

Does it have the characteristics of money? Is it able to fulfill the functions of money?

How popular is it? In which countries is it popular? Do people trust/have faith in it? What would be its trend of popularity?
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Please provide some evidence for your answers, such as a link to the website the information came from. This is so I can verify validity of data, and explore more ideas discussed in the links that you send me.

Thank you all so much, may bitcoin prosper for eternity!


Hello, And welcome to the BTC world

There are already many threads Running here, if you can simply go through other threads you will get the Idea how this forum work and How you can earn money from this forum. But still if you dont have time i can do this for you.
You can earn money in Different ways from this Forum

By Joining any Signature campaign here.
How to Join a signature campaign >> Just go to service section and Check the Signature campaign in that Section. You will Different Signature campaigns threads. And You will also see the Different pay scale levels for the Different Level.
On this Forum there are different Activity level which will increase as your account gets older, and As your activity will increases your pay scale also will increases.
So Dont get panic in the beginning  on seeing the pay scale, Just do hard work here to get some nice activity level & Try to gain some Knowledge about this forum.

Other Money earning method is if you dont have skill there is section called Gambling>> Games and rounds On this Section there are free giving away of BTCs Where you are able to earn some free BTCs.

If you Have Skills to offer, you can earn alot from this section >> Service .... On this section you can offer your skills like Graphic designing, Web designing, Promotions, SEO, Signature Designs etc etc

Try to read these Threads too: 
TUTORIAL: How to Earn Bitcoins for Newbies!>> https://bitcointalk.org/index.php?topic=1244332.0
[New] What is a Sig Campaign?>> https://bitcointalk.org/index.php?topic=1352964.0
Best way to earn Bitcoins? >> https://bitcointalk.org/index.php?topic=1006151.0
How can I earn money in this forum?>> https://bitcointalk.org/index.php?topic=1144701.0
I would suggest u look in each and every forum and sub forums and start posting and discussing about everything.. eventually u will get to know how things work. U can earn by many wayshere are few ways given https://bitcointalk.org/index.php?topic=1244332.0
If u need indept of things, please ask specific so u get the answer


Title: Re: Bitcoin - A New Form of Money
Post by: culexevilman on April 29, 2016, 05:08:09 AM
Bitcoin is too valuable to be used just for money.


Title: Re: Bitcoin - A New Form of Money
Post by: jasondeadz09 on May 04, 2016, 12:29:38 PM
A new form of money yet has a big value. :)


Title: Re: Bitcoin - A New Form of Money
Post by: Taki on May 04, 2016, 12:44:33 PM
Well, I heard about it long time ago and even heard information that all the bitcoin system is just one of version of some pyramid and it faild. But maybe a year ago my boyfriend get involved in all this and he pushed me to join. In the beggining i was very sceptical about it, but after he could withdraw his first 60$ that he made from zero - I began to believe. And now i'm here :)


Title: Re: Bitcoin - A New Form of Money
Post by: dearbesz on June 19, 2016, 05:33:27 PM
 Bitcoin - A New Form of Money?

yes it is a new from of money.
Bitcoins is no difference to a real money due to here in my country
some of the banks here accepting bitcoins. :)


Title: Re: Bitcoin - A New Form of Money
Post by: dearbesz on June 19, 2016, 05:40:48 PM
it is hard to say it is money or not?
it has similar characteristic of money but it also lack of goverment support(military or none military way)
it has service provider like bank(E.G. Hong Kong ANX)

hi, just wanna say my side about what you said, it isnt hard to say Bitcoins is money or not?
all member in this forum they believe that Bitcoin can give them a savings. which means Bitcoins has difference to a real money
due to there both useful as payment. ;) :D


Title: Re: Bitcoin - A New Form of Money
Post by: socks435 on June 19, 2016, 05:48:51 PM
Bitcoin for me is just like a piece of gold not a money thats why bitcoin turning into money because bitcoin has own price.. the same as gold..
I dont accept that bitcoin will be involve in government it will be corrupted.