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Author Topic: Is Bitcoin 'real money' to you?  (Read 70619 times)
blackmachinegun
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February 21, 2016, 08:51:05 AM
 #1161

I always take bitcoin seriously and as a real money. Bitcoin has its own importance to me. Bitcoin gave me lots of business opportunities and now I treat it like real money and beyond that also.
Gold also can provide many benefits and you can make a lot of business with the gold, you can also invest in gold,
but the gold, never mention gold as currency? why ?
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 21, 2016, 11:24:09 AM
 #1162

When I started reading on Bitcoin, I thought this was just an Internet token

LOL , for me bitcoin is like another bullshit on internet when I was first time told by my friend, but then I got my first bitcoin and exchange it into real money, then I said "it's not bullshit, it's real, maybe I'm gonna rich haha", but seriously, slowly I'm changing my way of looking at bitcoin, it's real money

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February 21, 2016, 11:52:36 AM
 #1163

When I started reading on Bitcoin, I thought this was just an Internet token

LOL , for me bitcoin is like another bullshit on internet when I was first time told by my friend, but then I got my first bitcoin and exchange it into real money, then I said "it's not bullshit, it's real, maybe I'm gonna rich haha", but seriously, slowly I'm changing my way of looking at bitcoin, it's real money
just like me, the first time I think about bitcoin is about tokens that are used for gambling, but once I know more deeply, it is bitcoin digital currency on the Internet just like paypal

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diodio5
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February 21, 2016, 12:06:00 PM
 #1164

it is hard to consider bitcoin as real money when sometimes you have to wait half an hour to get a confirmation on a transaction so that you can be sure you have received the money (bitcoin)!
lol if you send fiat money by post. and it takes 1-4 days. it is longer than the confirmation bitcoin, would you say that fiat money is not real money? is only analogy
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February 21, 2016, 12:12:39 PM
 #1165

I don't see why not cuz you can seel with loalbitcoins and get cash with no waiting
so for me it is

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February 21, 2016, 01:16:19 PM
 #1166

If you can use it to do trading and other people accept it, then it's real money for me.




That's right, besides, you can't convert it to dollar if it has no value or it has no worth to be converted and exchanged into dollars..  Smiley

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February 21, 2016, 01:21:44 PM
 #1167

If you can use it to do trading and other people accept it, then it's real money for me.




That's right, besides, you can't convert it to dollar if it has no value or it has no worth to be converted and exchanged into dollars..  Smiley
yeah me too.
to me, i feel bitcoin is like real money because i can buy goods with it and i can exchange it into my country currency  Grin
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February 21, 2016, 01:24:19 PM
 #1168

If you can use it to do trading and other people accept it, then it's real money for me.




That's right, besides, you can't convert it to dollar if it has no value or it has no worth to be converted and exchanged into dollars..  Smiley
I think gold can convert to fiat. is it gold real money Roll Eyes
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February 21, 2016, 03:08:48 PM
 #1169

it's not a real money, bitcoin is only "digital money" , i think real money is something where you can use it for "real trading" and you can hold it with "real hand" ......
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February 21, 2016, 03:20:25 PM
 #1170

Yes bitcoin is real money to be because its worth real money and you can buy a lot of things with it online.
In my opinion its real money for sure, it has almost every thing that can money do also.

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February 21, 2016, 04:11:55 PM
 #1171

Well as long as it can be use for purchase things , I can categorize bitcoin as real money. Still the different is we can hold with our hand.
IMO, bitcoin provide more security against crime attempt since if the theft did not own private key, our "digital money" can't be stolen
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February 21, 2016, 04:43:37 PM
 #1172

Yes bitcoin is real money to be because its worth real money and you can buy a lot of things with it online.
In my opinion its real money for sure, it has almost every thing that can money do also.
You are right. It has a value for everyone so that must be real money to us. I must think why not ?
You can do many things with it and many people want it. It is money worth. You can buy things with it.
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February 21, 2016, 04:46:13 PM
 #1173

since i can and have bought real things with it i guess its as real as any other money
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February 21, 2016, 05:06:34 PM
 #1174

since i can and have bought real things with it i guess its as real as any other money
Yeah that's true anything that you can buy we consider it as real money.. honestly i use bitcoin for my daily needs.. i withdraw my bitcoins and buy a foods and use it to pay my internet bills monthly..

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February 21, 2016, 05:19:09 PM
 #1175

when the local bank added the BTC exchange to there e-banking system that was date I started to accept them as "real
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February 21, 2016, 05:27:02 PM
 #1176

For me is real money,although not yet sufficiently accepted so you must convert BTC in fiat to buy some staff.But there are many ways to spend BTC online and with time BTC has a great chance to become a very popular currency.

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February 21, 2016, 05:37:12 PM
 #1177

Personally it is real money, of course if you can trade only 1 bitcoin for real good and even for 400 Fiat money.

So bitcoin really has grown as a real currency in my opinion.

I do see bitcoin more as a investment and not as to shop or gamble with because the value can go so much higher.

But with paper money people do a lot of dumb stuff do (Casino, Booze, Sports)

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February 21, 2016, 08:07:49 PM
 #1178

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?

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February 21, 2016, 11:01:14 PM
 #1179

Personally it is real money, of course if you can trade only 1 bitcoin for real good and even for 400 Fiat money.

So bitcoin really has grown as a real currency in my opinion.

I do see bitcoin more as a investment and not as to shop or gamble with because the value can go so much higher.

But with paper money people do a lot of dumb stuff do (Casino, Booze, Sports)



There can no doubt as to if bitcoin is real money. Since you can use it to purhase items it means it has purchasing power.
The availability of bitcoin and acceptance by many vendors makes money to the masses.

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February 21, 2016, 11:05:10 PM
 #1180

Bitcoin is real for a lot of people including myself since I spend fiat money, which is real money for me, to purchase this currency to use it as real money.
So yes, it is just as real to me as the fiat I use to buy it with.

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