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delliaerd
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February 02, 2016, 02:52:33 AM |
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As real as real is.
My name says everything. Bitcoin is real money, true free and independent money.
No fiat can ever be as real as BTC!
For each people have different feel about bitcoin. A half of them beliefs that bitcoin is real money. But a half other using bitcoin as only virtual money. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Za1n
Legendary
 Offline
Activity: 1078
Merit: 1011
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February 02, 2016, 03:03:40 AM |
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It still has a long way to go to become real money. For the most part is is only as real as the amount of fiat it can be exchanged into. Even the merchants accepting it are pretty much an illusion, as most of them are using a services such as bitpay, where the transaction is immediately converted into fiat. Until we get to the point that a majority of merchants are happy to keep the BTC and not instantly get it converted, and further when they can use that BTC to purchase their supplies from the upstream supply chain, who again further purchase resources and labor with BTC, it is simply a token representation of fiat.
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kevin go
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February 02, 2016, 03:10:18 AM |
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i can not say that it is real for me, i can not touch it or hold it in my hand so its pretty hard to imagine that
Bitcoin is a digital money...so how can you touch it?just only appear in internet..if you wanted to touch you can convert it to dollar.. And why must we touch it?..the fact is we can earn , buy/sell a things and do transfer in there..so for me its a real money |
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BitPACK
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February 02, 2016, 03:11:42 AM |
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As i could buy stuff, yes.
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TTMNewsMJ
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February 02, 2016, 03:33:33 AM |
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Yes it is a real money for me.
You can use the bitcoin if you want to buy a stuffs in online.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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February 02, 2016, 05:32:04 AM |
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As i could buy stuff, yes.
Great! Where do you buy your stuffs? Many here have the same experiences as yours maybe it is really the best way so that people will think it is the real money. Buy stuffs and physical goods, touch it and feel the power that bitcoin did to buy that. |
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sirohige
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February 02, 2016, 08:36:50 AM |
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i can not say that it is real for me, i can not touch it or hold it in my hand so its pretty hard to imagine that
can you touch your money in internet banking? the money in internet banking is "just only numeric" no more bank can manipulate the number, or he can edit your money from $100.000 to $10.000 (imposible but bank can do it) in bitcoin no people can edit it, no people can manipulate bitcoin balance (if you use full client bitcoin wallet) so are you think money in your debit card is not real ? like bitcoin at your wallet? |
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MaritiJames3
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February 02, 2016, 09:12:06 AM |
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Bitcoin is of course real money to me. You could simply buy a lot of things with it and so it is for my defenition certainly real money.
It would be strange if people think it's not real money.
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SirLancelot
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February 02, 2016, 09:22:31 AM |
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Bitcoin is of course real money to me. You could simply buy a lot of things with it and so it is for my defenition certainly real money.
It would be strange if people think it's not real money.
Many people still consider bitcoin not as a real money with different factors... The lack of availability of bitcoin accepting merchants and still finding bitcoin as an investment are some of them. |
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arbitrage
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February 02, 2016, 11:20:09 AM |
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Bitcoin is better than real money.
Money and investment and kind of shares that you can trade and get more..
Everyone now wants to have small part of cake.
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mavrick951
Member
Offline
Activity: 97
Merit: 10
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February 02, 2016, 11:29:37 AM |
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This debate is caracteristic of journalists and academics. They also dispute what to call bitcoin. Some media outlets do make a distinction between "real" money and bitcoins, while others call bitcoin real money. it's digital currency. It's currency. It's money  |
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Nameless Coin
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February 02, 2016, 12:06:29 PM |
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Bitcoin is of course real money for me. You can buy things, and you can go redeem it for things.
So why would not it be so. I think it has a value.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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February 02, 2016, 01:01:21 PM |
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Bitcoin is of course real money for me. You can buy things, and you can go redeem it for things.
So why would not it be so. I think it has a value.
Yes it is. It is now lined up with other commodities and currencies. It is also been monitored 24/7. That is why it is considered real. Some might not think it is not. But why would they put it there if it doesnt have existence. |
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equilibriator
Member
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Activity: 67
Merit: 10
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February 02, 2016, 01:31:09 PM |
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BTC can be exchanged for USD and be used to buy any item available in the market, They can also be used directly to buy a wide category of options in sites or places accepting BTC directly, BTC is real money IMO.
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jostorres
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February 02, 2016, 02:15:12 PM |
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Bitcoin is of course real money for me. You can buy things, and you can go redeem it for things.
So why would not it be so. I think it has a value.
Yes it is. It is now lined up with other commodities and currencies. It is also been monitored 24/7. That is why it is considered real. Some might not think it is not. But why would they put it there if it doesnt have existence. Yes, bitcoin is one of the competitor for both commodity as well as for currencies. Still the reason for many people are not considering bitcoin as real money, they are unable to find enough options to spend their bitcoins. |
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el-magnifico
Member
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Activity: 66
Merit: 10
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February 02, 2016, 02:26:14 PM |
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Anything that can be used to buy items online or offline or be exchanged to money to do the same is real money in my opinion, Bitcoin is real money and an interesting concept too.
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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February 02, 2016, 03:31:24 PM |
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Bitcoin is of course real money for me. You can buy things, and you can go redeem it for things.
So why would not it be so. I think it has a value.
It does have value, currently $374 worth of value. You're right it is real money of course it is, just different to what we're used to. Real money for the internet- digital currency. I guess the only thing that matters is it real money to you? Me? Yes it is and the more people feel it is real or better than real money will make it real money. Real money used to be gold and silver until receipts for the gold was issued then people accepted paper receipt money as real money. In short it is whatever the people choose it to be and soon will be accepted by all as the best of real money. |
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watashi-kokoto
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February 02, 2016, 03:32:20 PM |
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No it's just virtual  It'll disappear once the electricity goes off |
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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February 02, 2016, 03:35:08 PM |
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Anything that can be used to buy items online or offline or be exchanged to money to do the same is real money in my opinion, Bitcoin is real money and an interesting concept too.
Yes, even I am considering bitcoin as a real money, the current situation of bitcoin adoption in my country stopping me from using bitcoin as a real money. Hopefully in near future, I may find more merchants to spend my bitcoins. |
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Brad Pitt
Member
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Activity: 64
Merit: 10
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February 02, 2016, 03:37:54 PM |
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To me money is only money whether people have faith in it. Something could be money to some but not others. The only difference between fiat money and monopoly money is the faith people have in it. If people lost their faith in fiat and stopped using it then it would become worthless. Same applies to bitcoin or anything else. If you regard it as money and people accept it as payment for something then it's money.
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