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jt byte
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October 27, 2015, 06:18:53 PM |
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For me yes, it is a real money which you can live from it.
Bitcoin is becoming so much popular and it will 'replace' a bit the fiat money online.
Because the fees are less and easy to send/receive. I have few friends who lives by selling btc.
I can understand from your post that not only Bitcoin is a real money, but also bitcoin become the source making live many people worldwide. And it's normal noticing the increasing of btc's prices last weeks Well if it is more than money what would it be? I think the system itself is something innovative in the new industry. Decentralized, low transaction fee, a bit anonymous and many other benefits. Going to watch this movie to see what people made there: Bitcoin The End of Money as We Know It |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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randy8777
Legendary
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Activity: 896
Merit: 1000
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October 27, 2015, 06:24:49 PM |
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to me bitcoin is real money, an investment, and freedom. bitcoin can be different things at once. that's what i like about bitcoin.
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OrientA
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October 28, 2015, 12:05:55 PM |
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Its easy to attract users who treat btc not a real money to play poker/dice games. but if you treat btc as real, you will tend to purchase something for its value.
In long term, most of the transaction will be purchase of goods or services. Gambling will form a very small part of bitcoin transaction. bitcoin will be real money eventually. |
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gentlemand (OP)
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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October 28, 2015, 12:06:53 PM |
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In long term, most of the transaction will be purchase of goods or services. Gambling will form a very small part of bitcoin transaction. bitcoin will be real money eventually.
I'm sure the people running the gambling sites regard it as real enough. Gambling's a natural niche. I don't think it'll be going anywhere soon. |
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Q7
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October 28, 2015, 12:22:46 PM |
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Well it's not because they don't see bitcoin as a real money, they do. Sometimes it's greed at play here. Since parking bitcoin idling doesn't earn them anything as the amount stays the same they would rather gamble and have some fun with it even though potentially they will end up losing all those coin
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disamsal
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October 28, 2015, 01:05:36 PM |
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it is a saving something option for me  |
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Timeline
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Offline
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
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October 28, 2015, 01:54:27 PM |
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Yes it is real money to me highly volatile though.
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Coinminer11
Member
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Activity: 104
Merit: 10
Never risk more than what you're willing to lose
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October 28, 2015, 01:58:55 PM |
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You can monetize anything so long as someone is willing to trade you for it. Btc is money to me. I can buy and sell almost anything for Btc.
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If you are reading this, you have too much time on your hands hahaha! If you're still reading this consider sending me some btc to my wallet on my profile. Pennies make dollars and dollars make my life more interesting. Seriously though stop reading this! LOL
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NeuroticFish
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Activity: 3668
Merit: 6372
Looking for campaign manager? Contact icopress!
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October 28, 2015, 02:03:57 PM |
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It's more like an asset than money. Imho a "concept" closer to money would have been dogecoin if it would have had success. Money need to have much bigger supply, so everybody would afford to have at least 1000 units. BTC is more like electronic gold. Sounds good too  |
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leex1528
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October 28, 2015, 03:41:17 PM |
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It's more like an asset than money. Imho a "concept" closer to money would have been dogecoin if it would have had success. Money need to have much bigger supply, so everybody would afford to have at least 1000 units. BTC is more like electronic gold. Sounds good too You say you need to have a lot of supply in order to have it be a currency? Technically Bitcoin provides tons and tons of supply. So I think you are a little off. Remember, it is a lot of satoshis in order to actually get 1 Bitcoin. |
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Aswan
Legendary
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Activity: 1734
Merit: 1015
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October 28, 2015, 03:43:36 PM |
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Money need to have much bigger supply, so everybody would afford to have at least 1000 units.
1000 Satoshis are pretty cheap today. |
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2pak
Member
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Activity: 70
Merit: 10
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October 28, 2015, 03:51:32 PM |
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yes! bitcoin for me is real money because i can use it in paying some goods and service,
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Bit_Happy
Legendary
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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October 28, 2015, 03:57:47 PM |
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Is Bitcoin 'real money' to you?
Yes, I previously enjoyed gambling with small amounts of BTC and the winning/losing felt very real.
Bitcoin can be used for so many things, it clearly is money.
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smith coins
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October 28, 2015, 04:10:50 PM |
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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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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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October 28, 2015, 04:43:14 PM |
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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 may be right with respect to the physical character of bitcoin. But with respect to real usage and applications, we can find bitcoin more friendly and can be used any sectors. In my experience I find bitcoin as a real money. |
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pereira4
Legendary
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Activity: 1610
Merit: 1183
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October 28, 2015, 04:46:08 PM |
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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.
Are you kidding me. So money is money because it can be touched? You must be living in the 19th century. All modern money doesn't exist, it's just numbers on computers. Physical money will be gone in 2 decades or so, no one will use cash. It will all be digitalized. Money is money if it gives you what you want to exchange with it. That's all. The people of the past used physical stuff to trade because they didn't had any better options. |
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smith coins
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October 28, 2015, 05:13:57 PM |
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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.
Are you kidding me. So money is money because it can be touched? You must be living in the 19th century. All modern money doesn't exist, it's just numbers on computers. Physical money will be gone in 2 decades or so, no one will use cash. It will all be digitalized. Money is money if it gives you what you want to exchange with it. That's all. The people of the past used physical stuff to trade because they didn't had any better options. Since you can't touch it it is not yours, believe it or not. I know that money is being digitized but it will not be disappear as you are stating. And since we are in the bitcoin community and our deals are from/to other countries bitcoin is good because of the low transaction fees. |
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mtnsaa
Legendary
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Activity: 1568
Merit: 1000
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October 28, 2015, 05:16:21 PM |
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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.
Are you kidding me. So money is money because it can be touched? You must be living in the 19th century. All modern money doesn't exist, it's just numbers on computers. Physical money will be gone in 2 decades or so, no one will use cash. It will all be digitalized. Money is money if it gives you what you want to exchange with it. That's all. The people of the past used physical stuff to trade because they didn't had any better options. I think what he means is that Bitcoin has no real intrinsic value as gold has. One can argue that fiat doesn't have that also, it's just paper, but of course we all know it's not the same, that's another debate for another time. |
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techboy2
Newbie
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Activity: 84
Merit: 0
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October 28, 2015, 05:38:14 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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smith coins
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October 28, 2015, 05:44:31 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.
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. |
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