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Author Topic: Difference between Bitcoin and real money?  (Read 110686 times)
pallang
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November 02, 2017, 12:04:23 PM
 #1861

The differences between Bitcoin and real money is that Bitcoin can only be used on online and while real money can be use anywhere and very easy to use in any transactions

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November 03, 2017, 05:08:15 PM
 #1862

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?

you are not totally right because you can convert your money in doller but you can not trade with doller because the price of doller not goes down and up sharply but in btc there is sharp and big down and fall and increaee in the rate day per day happened . so bitcoin provides us a way to get better way for trading .
and second thing is the no. of people wants to buy btc are more than the dollet buyer .
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November 03, 2017, 05:14:59 PM
 #1863

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.
The real difference between money and bitcoin is the price because we all know that bitcoin has high value on online market. In addition to that, bitcoin doesn't have exact value unlike real money that has exact value in market. Lastly, the price of bitcoin is volatile.


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November 03, 2017, 05:16:51 PM
 #1864

Bitcoin is a untouchable asset or currency as we feel it on basing our interest.
Real money is a touchable or tangible asset or currency where we can understand.
Choosing depends on our choice in the same way if you ask me bitcoin or real money then i say depends on your interest reason why at the end no one like to take a blame.
In the same way difference between bitcoin and real money is well said above. Keep rocking with bitcoin. Smiley

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November 03, 2017, 05:18:50 PM
 #1865

In banks, transfers between accounts take an average of 3-5 working days or more, if they are foreign transfers. In the transaction currency, the crypt is instantaneous. However, when working with large amounts, it is recommended to wait for several confirmations in the transaction network, usually it takes less than an hour.

AND THIS IS A SIGNIFICANT PLUS
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November 03, 2017, 05:27:14 PM
 #1866


Personally for me, a very big advantage - the fact that there is no complicated registration, age and no restrictions.

To get started, you do not need anything other than access to the Internet.

You download the Bitcoin client to your computer or smartphone, it generates the address of your wallet.

From now on, you can receive and send Crypto currency.
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November 03, 2017, 05:42:09 PM
 #1867

There is a technological advantage

Excellent divisibility, simple transfer and verification of the authenticity of virtual coins, while preserving many advantages of cash.
sunno330
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November 03, 2017, 05:50:26 PM
 #1868

Main Difference is bitcoin is online based, and real money means hand cash.
Bitcoin is crypto currency and Real money has survive Reality and it has value near all quality people.
Bitcoin value will know only Crypto based people.
Bitcoin is great all over the world.  Cool

saedasda
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November 03, 2017, 05:56:36 PM
 #1869

I think the difference between bitcoin and real money is the supply because government can produce money if they needed.

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November 03, 2017, 06:00:00 PM
 #1870

The differences between Bitcoin and real money is that Bitcoin can only be used on online and while real money can be use anywhere and very easy to use in any transactions
Already have cryptosecurity in some parts of the world!Also shops with Platov in bitcoins.So bitcoin becomes the world currency of the future

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November 03, 2017, 06:27:21 PM
 #1871

Bitcoin is Blockchain based. Bitcoin is anonymous digital money that is encrypted, secure, provides fast transfer, low transfer cost, and does not require intermediaries for transfer. Bitcoin  is a system that works much better than real money.


     
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November 03, 2017, 06:37:21 PM
 #1872

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?

of all your questions I think the answer you are still hesitant in investing in bitcoin I suggest you analyze more read and predict yourself whether sure your investment will be successful or its result will be nil then next up you will go forward what backwards

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November 04, 2017, 06:22:05 AM
 #1873

seen from the form is clearly different, if bitcoin shaped digital while real money in the form of physical, if viewed from its use may bitcoin much more effective than real money because using bitcoin to conduct transactions have fewer risks
Both have their own importance .We cannot deny their importance. Paper money is used nowadays for buying and selling in daily routine. People prefer both in order to make their living easy and meet their financial needs. Paper money help in fulfilling needs and bitcoin is providing easy ways of investment and gaining multiple benefits and huge amount of profit

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November 04, 2017, 08:49:27 AM
 #1874

seen from the form is clearly different, if bitcoin shaped digital while real money in the form of physical, if viewed from its use may bitcoin much more effective than real money because using bitcoin to conduct transactions have fewer risks
Both have their own importance .We cannot deny their importance. Paper money is used nowadays for buying and selling in daily routine. People prefer both in order to make their living easy and meet their financial needs. Paper money help in fulfilling needs and bitcoin is providing easy ways of investment and gaining multiple benefits and huge amount of profit
Everyone has their own preference and they will choose what give them benefits, for majority of the people paper money is more useful to them
as they do not need to go online to transact, however for business minded people they can use bitcoin to benefit on the fast and cheap transaction fee.

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November 04, 2017, 09:52:31 AM
 #1875

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?


Bitcoin is a decentralized and a digital cryptocurrency that is being become popularized. Bitcoin continues to increase is price. Bitcoin helps other people who don't have jobs. Fiat is being legalized by government for exchanging goods, product and services. Fiats' value is determined by the supply and the demand among the market. You should convert your money to bitcoins because it continuously increasing its value or price.

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November 04, 2017, 10:18:18 AM
 #1876

The biggest difference between bitcoin and fiat money is bitcoin was the more faster and secured transaction than fiat money bitcoin also easy to transact and most lower price and fee
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November 05, 2017, 05:05:51 AM
 #1877

Bitcoin is digital money while real is physical money  We have used both  of them to buy anything in the market. bitcoin you can online shopping & real money both online and offline shopping in the market bitcoin money .
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November 05, 2017, 07:08:50 PM
 #1878

AFAIK Bitcoin is more advanced than any normal cash. It helped me in love with its method of freedom to make use of and send it around the globe simply with a single click. It is more better to use it as remittance to transfer money to our loved ones with comfort and ease.
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November 05, 2017, 07:13:21 PM
 #1879

I think the difference is apparent, bitcoin may be the latest electronic payment program and cash is only set number however the value always down vs rising cost of living usually
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November 05, 2017, 07:34:35 PM
 #1880

The biggest difference between bitcoin and fiat money is bitcoin was the more faster and secured transaction than fiat money bitcoin also easy to transact and most lower price and fee
In my opinion,  the only difference is that bitcoin can rise in value whereas fiat money cannot do that.  It's anonymity is also an advantage but  it's greatest difference is that bitcoins can be deemed as an asset as well.



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