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nichu
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December 30, 2015, 12:40:44 AM |
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The only difference that Bitcoin has in relation to fiat currency is that fiat is backed up by goverments
Well, ask this to deposit members of portugal bank and italian bank that have crashed un december 2015. Deposits are not available at this time ... even it's below 100 000 euros. protection of FIAT ? Safety of FIAT ? No ... they have no money in vault at the end. it's true, when some government crash you have a nice zero in your portfolio, when bitcoin crash it's most likely a dump that will recover so having a centralized system with a so called "backed up from the government" is a double egde for the value of your funds What about investing in Gold bullion? Will that serve as a reliable protection for the value of my money? Just asking hypothetically in case this scenario happens when the governments crash.  in case of a financial meltdown or war investing in gold or silver is the best bet and this has being the case for a very long time. |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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GettingGains
Newbie
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Activity: 6
Merit: 0
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December 30, 2015, 12:42:10 AM |
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yes, bitcoin is real money to me. though i do not use it in real life, i use it exclusively on the internet, still real to me.
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CreativeCarol
Member
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Activity: 70
Merit: 10
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December 30, 2015, 12:46:08 AM |
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Of course it is. There's so much that can be bought with it specifically in electrical engineering work.
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nerFohanzo
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December 30, 2015, 03:09:54 AM |
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yes, bitcoin is real money to me. though i do not use it in real life, i use it exclusively on the internet, still real to me.
Yes and if bitcoin is offering you by which you can buy any damn thing that it becomes real for you, as the country where I live in I dont have that opportunity to buy any physical product as I mainly use it for online purchase or transfers as here there are no physical shops who accepts bitcoins and that is the sadest thing to have but in future I hope that the things will change and we would be having shops that accepts bitcoins. |
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RealBitcoin
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December 30, 2015, 05:01:59 AM |
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Nice to see more and more people realizing that bitcoin is real money.
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omahapoker
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December 30, 2015, 05:23:38 AM |
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Bitcoin is not real money to me.Bitcoin is virtual or illusion online money.
It can't be touched so it is not a real money.
Bitcoin is just number which is visualized on our monitors, but yeah it is real money because we can buy things.
It's 'machine to machine' transactions but it makes sense to us, same like the e-banking money.
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ajun96
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December 30, 2015, 09:13:00 AM |
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absolutely not. at least not in my country yet.
in my country also, many countries prohibit bitcoin for many reasons, however we should obey the government |
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Alaki
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December 30, 2015, 09:32:05 AM |
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No bitcoin is fun. Sometimes it works as real money though .
As the world will progress in the digital field it will start getting value as real money
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Rudsild
Newbie
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Activity: 30
Merit: 0
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December 30, 2015, 09:34:43 AM |
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yes, bitcoin is real money to me. though i do not use it in real life, i use it exclusively on the internet, still real to me.
It does not matter when you use it. If you can buy anything with it, it has a function of money. |
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PantFire
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December 30, 2015, 12:23:49 PM |
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If you can buy/trade with something, it is a real currency, as long as it is some minimal amount of universal acceptance.
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bithasher
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December 30, 2015, 12:32:43 PM |
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Bitcoin is real money to me because I can use it just like money to purchase things.The difference is I dont have lot of places to spend it in rest there is no difference in both.
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blackmachinegun
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December 30, 2015, 02:34:13 PM |
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Bitcoin is not real money to me.Bitcoin is virtual or illusion online money.
It can't be touched so it is not a real money.
Bitcoin is just number which is visualized on our monitors, but yeah it is real money because we can buy things.
It's 'machine to machine' transactions but it makes sense to us, same like the e-banking money.
You cannot refer to bitcoin as an illusion, although its form is digital, bitcoin is not an illusion, because bitcoin is real many stores that accept bitcoin for payment options |
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BigBoy89
Legendary
Offline
Activity: 1512
Merit: 1011
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December 30, 2015, 03:50:21 PM |
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Bitcoin is not real money to me.Bitcoin is virtual or illusion online money.
It can't be touched so it is not a real money.
Bitcoin is just number which is visualized on our monitors, but yeah it is real money because we can buy things.
It's 'machine to machine' transactions but it makes sense to us, same like the e-banking money.
You cannot refer to bitcoin as an illusion, although its form is digital, bitcoin is not an illusion, because bitcoin is real many stores that accept bitcoin for payment options Bitcoin is not illusion it's real because you can buy products using it and exchange it for other currencies from Bitcoin traders and if you think that something which cannot to touched or felt is not real then what about those savings which we do at banks? Do you think banks have all in cash ? It's just a digital thing if all the customers wants their money back from bank at the same time then they will not have that money to give you because it is all digital. |
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lorylore
Legendary
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Activity: 1470
Merit: 1002
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December 30, 2015, 04:49:13 PM |
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well anything is also not real if there is no demand for it. why is gold and silver valuable for money, cause they create a demand for it. why is a country currency value for money, cause they can use it to purchase items, why is diamond value to be bought? to be honest, bitcoin has no value if there is no demand for it. however bitcoin is often being used by a lot of people for it provides some benefits that no other currency can do. it is send and receive in an instant, no need 3 days waiting time for bank transfer etc. no reverse trade which is gd for seller etc. so as long there is a unqiue demand, bitcoin is real money.
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jt byte
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December 30, 2015, 05:43:10 PM |
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Offcourse it is real, As real as those money bills in your pocket.
If you can't appreciate the money in your pocket you should either donate it or give it away.
Trreating bitcoin as some kind of 'bogus' money is just plain ridiculous.
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ausbit
Legendary
Offline
Activity: 1330
Merit: 1019
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December 30, 2015, 07:38:17 PM |
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Bitcoin is not real money to me.Bitcoin is virtual or illusion online money.
It can't be touched so it is not a real money.
Bitcoin is just number which is visualized on our monitors, but yeah it is real money because we can buy things.
It's 'machine to machine' transactions but it makes sense to us, same like the e-banking money.
You cannot refer to bitcoin as an illusion, although its form is digital, bitcoin is not an illusion, because bitcoin is real many stores that accept bitcoin for payment options Bitcoins is a digital money I can say, which we see it in our computer laptops, tab or mobile through online, which transfer the amount to our bank account or buy any goods. Now it true many of the online stores accepting Bitcoins. |
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ajun96
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December 30, 2015, 11:00:46 PM |
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No bitcoin is fun. Sometimes it works as real money though .
As the world will progress in the digital field it will start getting value as real money
I think we can make bitcoin in tangible form, in addition to digital so that everyone considered that the bitcoin is real money |
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knightkon
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December 30, 2015, 11:06:24 PM |
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Offcourse it is real, As real as those money bills in your pocket.
If you can't appreciate the money in your pocket you should either donate it or give it away.
Trreating bitcoin as some kind of 'bogus' money is just plain ridiculous.
If you happen to find anyone who treats bitcoin as fake money, ask them to send their fake money to you!! or me for that matter!! I actually have 8 customers who downloaded a faucet on their phone and they cash in with me every week or two. They do not get much for it, for they only have around .005 or so, but that is enough for a free pop at my place!!. |
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LinaMay
Member
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Activity: 70
Merit: 10
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December 31, 2015, 02:42:16 AM |
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It doesn't matter. I use Bitcoin as real money.
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Outlander
Legendary
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Activity: 1218
Merit: 1000
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December 31, 2015, 03:14:52 AM |
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Why not? As long as I can use it to buy products on store or online, or able to exchange it to dollar. Bitcoin becomes popular now. In a few years' time bitcoin will become standard way of payment, same as paypal or skrill etc
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