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Author Topic: Is Bitcoin 'real money' to you?  (Read 70619 times)
omahapoker
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November 01, 2015, 02:35:37 PM
 #141

yes, I also see it as real money. But the Problem is, that others don't see it that way Sad
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 01, 2015, 02:44:48 PM
 #142

Yes , it is real money for me! I can use it to pay many things! Even I can convert btc to the balance in my debt card for real life spending as well! PayPal were getting down for a few hours, which made me believe the potential of it in the near future!
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November 01, 2015, 02:49:14 PM
 #143

For me bitcoin is real money because its just like a credit card that you can withdraw anytime to buy anything you want...
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November 01, 2015, 03:46:16 PM
 #144

Nope, because in my region I can't buy anything with bitcoin..
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November 01, 2015, 03:57:39 PM
 #145

There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.

What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'

Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.

Why do you think this attitude has developed and where do you stand yourself?

for me bitcoin is a long term investment
scott btc
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November 01, 2015, 04:07:26 PM
 #146

absolutely not, i use for my second money here

if i'm not have enough money to buy something i will use it to be my real money.
OrientA
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November 01, 2015, 06:17:23 PM
 #147

Nope, because in my region I can't buy anything with bitcoin..

Can you do something to promote bitcoin?

In a few years, there might be a shop near you accepting bitcoin. I hope bitcoin is widely used.
pjsonowal
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November 01, 2015, 06:31:47 PM
 #148

I nowadays do so many transactions with bitcoins so its now like a real currency for me. However i use local currency but no that much.  Smiley

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November 01, 2015, 08:23:18 PM
 #149

no bitcoin is virtual money and in my region is not many shops accept bitcoin as a payment. but i like trade bitcoin to get some profit

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November 01, 2015, 09:42:36 PM
 #150

Nope, because in my region I can't buy anything with bitcoin..

you can buy stuff online, if there are not physical shop there, problem solved, unless there are issues with abroad shipping

if instead you have difficulty to buy bitcoin, would be another story
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November 01, 2015, 09:45:28 PM
 #151

Well. the whole idea of what is and what is not "real money" is a bit ambiguous.  I've been researching micro-economies for sometime and I've encountered economies that have used everything from cigarettes, ramen soups, and artwork to just plain community status.  So, from my research, "real money" is anything that can be exchanged for any other thing within the system from which it originates.

Surprisingly, commodities, such as cigarettes, have an intrinsic price stability factor in that they are also consumable and "semi" perishable which negate the inflationary aspect of many other controlled currencies.

Bitcoin is different because it has additional attributes that are only recently being understood and applied...Bitcoin is "real money" plus some.
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November 02, 2015, 03:38:03 PM
 #152

Well. the whole idea of what is and what is not "real money" is a bit ambiguous.  I've been researching micro-economies for sometime and I've encountered economies that have used everything from cigarettes, ramen soups, and artwork to just plain community status.  So, from my research, "real money" is anything that can be exchanged for any other thing within the system from which it originates.

Surprisingly, commodities, such as cigarettes, have an intrinsic price stability factor in that they are also consumable and "semi" perishable which negate the inflationary aspect of many other controlled currencies.

Bitcoin is different because it has additional attributes that are only recently being understood and applied...Bitcoin is "real money" plus some.

Even bitcoin is a commodity, we can use bitcoin as money. In old days were exchanging things for things. In coming future people are going to do the same thing. They're going to exchange bitcoin for their daily needs. This way bitcoin going to be the real money for people.
smith coins
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November 02, 2015, 04:06:07 PM
 #153

As long as you can withdraw it to the real cash money.
Then i consider it as a real money, but basically it is virtual.
As long as bitcoin belongs only to someone it is real.

Bitcoin is virtual, it is stored digitally. However, it is also real.

I can use bitcoin to buy goods. I have bought computer components, motherboards. I have used it to pay my phone bill.

So bitcoin is useful. It is real.

Bitcoin is useful that is more than true,
But the word 'real' i consider something that it is real can be touched etc..
By buying many different things from digital to physical goods i consider as 'real'
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November 02, 2015, 04:35:49 PM
 #154

It is pretty much real if you try to use it on physical goods.
Also you can easily exchange and even go buy silver with it. So yes it is real.
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November 02, 2015, 04:37:31 PM
 #155

I bought a good video card in BTC for my bro's desktop computer for less than 0.2BTC

Of course it is real money!

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November 02, 2015, 04:41:08 PM
 #156

I feel bitcoin is more 'real' than normal fiat money. Which can be tinkered with and produced with quantitative easing endlessly.
Bitcoin is constant and transparent, unlike government money, we have no idea how many new banknotes are printed everyday.
OrientA
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November 02, 2015, 07:36:32 PM
 #157

I feel bitcoin is more 'real' than normal fiat money. Which can be tinkered with and produced with quantitative easing endlessly.
Bitcoin is constant and transparent, unlike government money, we have no idea how many new banknotes are printed everyday.

The main reason I like bitcoin is that it has limited supply, unlike traditional fiat, which can created from thin air easily.
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November 02, 2015, 10:17:50 PM
 #158

I think soon it will be real money. But could take some all people to understand the feature
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November 02, 2015, 10:22:16 PM
 #159

bank can not freeze my bitcoins.
bitcoin is more than money.




it's work people money.
Harry Hood
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November 02, 2015, 10:26:19 PM
 #160

There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.

What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'

Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.

Why do you think this attitude has developed and where do you stand yourself?

How do you know that people gambling with bitcoin wouldn't gamble with their fiat also? The bitcoin gambling sites are much easier to get to than fiat gambling sites. People pouring btc investments in to "bullshit investment schemes" would do the same with their fiat, only there are much future bullshit investment schemes with fiat...because those markets are regulated.

It's SUPER EASY to obtain coins! A freebitco.in faucet is free and requires an email address to join, you "claim free bitcoin" once and you can gamble it on their site. Xapo too! See the link in my profile if you don't believe me.

I think you're projecting a lot of hunches onto a population of people that likely isn't acting any different than they would with any currency.

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