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Author Topic: Difference between Bitcoin and real money?  (Read 113828 times)
Hasbro27
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November 01, 2017, 07:01:48 PM
 #1821

bitcoin is more profitable because bitcoin values ​​continue to grow, and many people trade their money into bitcoin, this may be a change in the investment world that bitcoin puts it in and leaves the complicated system to the easier ones by using bitcoin.
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November 01, 2017, 07:28:34 PM
 #1822

bitcoin is more profitable because bitcoin values ​​continue to grow, and many people trade their money into bitcoin, this may be a change in the investment world that bitcoin puts it in and leaves the complicated system to the easier ones by using bitcoin.

True, at least till today the price of bitcoin keep rising. Bitcoin and real money has it own usability for me, both are different. I use real money to fulfill my daily needs, which I can't do it with bitcoin. While bitcoin itself is my method to increase or grow my real money.

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November 01, 2017, 09:59:23 PM
 #1823

Ever earned a dollar and after 6 months it was worth 2 dollars? No. Welcome to BTC. BTC is risiky, but very Profitible. It is incresing very fast and will go on like that for the next time.
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November 01, 2017, 10:26:56 PM
 #1824

bitcoin is a way to earn money by investing or working ways that can produce a coin not with a form of real money but this time can be money by selling it, unlike with real money by getting it only need work all day later the money is liquid and can be thank that's the difference.

Bitcoin is a digitized cryptocurrency. Yes it is a form of money  but can only used through online transactions. It is a good way of using it specially when your sending money to other person while real money is a form of cash that can be used to pay for any transactions excluding digitized. We can hold the real money in our hands and we can spend it without the presence of internet.

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November 01, 2017, 10:30:05 PM
 #1825

This depends of your definition of "real money", because the paper money and the bitcoin are extreme different, while one is better for the every day use and dont require a knowledge of the use of the currency, the other is better to make internet payments and get more privacy for you.

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November 01, 2017, 10:59:39 PM
 #1826

Welcome to Bitcoin and to the Forum!

The questions you're asking are great ones. However, they're also questions that you can find answers to REALLY easily on this forum or Google. I'd encourage you to do some reading here and then come up with some more specific questions.

I can help get you started with some simple answers.

Why would I invest in bitcoin? All sorts of reasons ranging from pure curiosity to love of new technology to investment diversification. Bitcoin is used as currency to buy things and as a store of value, i.e., a place to house your savings with hopes of value appreciation or hedging against the depreciation of stocks or savings held in fiat currency. One example often used is that of Cyprus. Are you familiar with the country of Cyprus and it's severe monetary crisis from a few years back? It was so bad that the Cyprus government controlled how much money their citizens could take out of their banks. Think about that. That government telling you that you can't access your very own money! How scary is that? Bitcoin offers an alternative. No government (currently) can seize control of your bitcoin, this represents safety and security.

What's the difference between bitcoin and dollars? Bitcoin isn't regulated by any government. It isn't created "out of thin air" as fiat currency is. There will only ever be a finite amount of bitcoin, which controls it's value. Once all bitcoin is mined there will be 21 million in existence, that's it. No one can ever create more (as is done every year with fiat currency). When fiat currency is created by central banks they reduce the value of the existing currency in the market, which results in inflation of prices. This is why the price of every day things (that haven't changed in 50 years, like groceries or utilities) have gone up in price over time. There's a lot of other differences, but it's better for you to read up on them.

Why would I gamble with bitcoin? I don't, but if you want to you can gamble for significantly smaller portions of money (like cents as opposed to dollars or tens of dollars). And you can do it from the convenience of your computer.

Here are a few links for you to explore:

Feel free to respond with other questions. I think you'll get better response if you educate yourself a bit first and then come back with more specific questions.

Have you bought any bitcoin yet? Do you have a wallet yet? (If you don't, PM me and I'll set you up and give you some bitcoin)

Good luck to you!
You can easily enumerate the difference between money and bitcoin because real.money is touchable and the price is stable while bitcoin is digital and needs internet to access it and the value of bitcoin is unstable.

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November 01, 2017, 11:34:44 PM
 #1827

Many more simply do not think about the great opportunities that they can present investment in bitcoin. I think that the first thing a business should be interested in how to invest their earnings in bitcoin. Tax inspection will not be able to track this.
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November 01, 2017, 11:41:32 PM
 #1828

You can't "print" BTC,it has a limited supply and there is no way there can be created more of it-so the first big difference is that BTC has limited supply.Another one is that BTC can be send in whatever quantities with little fees and relatively small confirmation time,which makes it a much preferrable way of payment,at least for me,because of how easier it is to actually make a transaction
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November 01, 2017, 11:44:20 PM
 #1829

Different between bitcoin and real money in my opinion is we can know how much bitcoin in the world and there are not people who can make manipulation about it and we don't know how much real money who be printed.


Different between bitcoin and real money is just both have money. Bitcoin is an online trading that people can make a lot of opportunity to make more money. Real money is worst thing that you know how to learn manage or to manipulate in every cash out to buy things.

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November 01, 2017, 11:50:38 PM
 #1830

bitcoin is a way to earn money by investing or working ways that can produce a coin not with a form of real money but this time can be money by selling it, unlike with real money by getting it only need work all day later the money is liquid and can be thank that's the difference.

Bitcoin is a digitized cryptocurrency. Yes it is a form of money  but can only used through online transactions. It is a good way of using it specially when your sending money to other person while real money is a form of cash that can be used to pay for any transactions excluding digitized. We can hold the real money in our hands and we can spend it without the presence of internet.
I agree.Bitcoin is a non-taxable form of money wherein people are free to earn as an income as much as they can with no intervention from the government while real money or paper money is monitored by the government and is highly taxable depending on the amount of your income.And bitcoin of course has really a high value compared to real money even though bitcoin fluctuates every now and then.

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November 02, 2017, 12:37:27 AM
 #1831

Bitcoin can do more things as it is a transaction ledger that records transactions and is also limited in Supply. Fiat currency is unlimited and central banks can print more and more of it, thus making it more and more worthless as the years go by.
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November 02, 2017, 12:45:54 AM
 #1832

I know that a bitcoin is a cryptocurrency  and you can do anything and buy like loads using online and real money is so unlimited in bank you can create and create a money ..more money thats why you can also buy anything that you want ..bitcoin and real money is the same .
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November 02, 2017, 12:46:18 AM
 #1833

The first difference in bitcoin and real money is of physical existence,  bitcoin is virtually concept while real money has  existence.  Bitcoins is continously growing up and it's price are skyrocketting but real money is only a mode of currency,  although bitcoin in itself become a investment as it's prices keep on increasing. Bitcoin is trending,  everyone wants to buy bitcoin.  Bitcoins has been tax free and easy transaction method but cash leads to transaction fees,  taxes by the government.
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November 02, 2017, 12:51:19 AM
 #1834

The main difference between Bitcoin and real money is the value of it in a time period. Real money does not change quickly in value because many will by affected by its value (inflation and deflation) while bitcoin is dependent on the market like a stock in which it fluctuates and you can earn by simply investing and selling when the value changed.

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November 02, 2017, 01:04:58 AM
 #1835

As those that has commented before have rightly said there exist a gap between bitcoin and faint money, first think about the decentralized nature of bitcoin that is to say bitcoin is not subject to law of any country that no central that control bitcoin and secondly bitcoin transactions are tax free since no government control it, bitcoin is not subject under any law to be tax for any reason. Thirdly bitcoin transactions is very fast and convenient.

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November 02, 2017, 01:06:33 AM
 #1836

Bitcoin can do more things as it is a transaction ledger that records transactions and is also limited in Supply. Fiat currency is unlimited and central banks can print more and more of it, thus making it more and more worthless as the years go by.
The limitation in supply of bitcoin is make bitcoin much better than fiat. The another big difference between real money (fiat)  and bitcoin is the government and other institution cannot control bitcoin but they can easily manipulate fiat by print it which cause to inflation or by  other way, for example FED can raising the interest rates that makes the growth on dollars borrower's finance is slower and even stunt.

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TonixGaming_14
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November 02, 2017, 01:38:36 AM
 #1837

I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?

When I discovered bitcoin I was vety curious how you will earn it I explore and understand in the I learn a lot and earn even it is very small amout . But one day I will invest my money to bitcoin to earn lot .
The difference of bitcoin to dollar/money. MONEY have taxes and you will easy earn an it while bitcoin have no tax it digital currency and it is secure .
Zubayer
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November 02, 2017, 01:54:45 AM
 #1838

Main difference of bitcoin and real money is value, real money is money which we use everyday. But bitcoin ia not like real money, it have to exchange with other. Bitcoin is also one kind of money but it's not real money.
Kakawate
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November 02, 2017, 02:04:30 AM
 #1839

I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?


Well, cryptocurrency has more advantage, you can earn more and faster than in $, faster increase in rate also means uounwill earn profit even though your just holding your bitcoin, unlike dollar or anyother fiat or paper money. Investments are also doubled or even multiplied to as many as you can't even imagine, that is the advantage of bitcoin.

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greenclub09
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November 02, 2017, 02:06:32 AM
 #1840

bitcoin is a digital currency which is used for trading and investments on internet, it can not be traced and anonymous, and no taxes, not much people know about bitcoin. however, real money dont have much advantages like bitcoin but it is the most common used on the world, i can be accepted at anywhere.
 

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