monica69
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October 06, 2017, 09:42:49 AM |
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However, if you are looking for investment to increase, Bitcoin will be the most efficient way. The decision making process can be hard, but I recommend you to investigate Bitcoin and collect all of the knowledge about it. Actually, nowadays there is no differences between Bitcoin and real money according to usage.After that, you can earn lots of money and use both of the ways. Bitcoin is as real as the money that we are using everyday. The physical aspect is where the big difference comes in. There is still a long way to go before bitcoin becomes a mainstream currency but we will get there slowly, when most people get to see the benefits of using digital currencies instead of our traditional fiat money.
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Christian Noja
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October 06, 2017, 10:01:34 AM |
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Difference between this two are BITCOIN is a digital currency or electric money is distinct from physical (such as banknotes and coins). It exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Bitcoin is a payment method which exists only in electronic form and is not tangible. ... Digital currencies can be used to purchase goods and services but can also be restricted to certain online communities such as a gaming or social networks. Digital currency is also known as digital money and cybercash
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greatestwhitetwinpack
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October 06, 2017, 10:11:36 AM |
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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?
On my own opinion Money is what we use every day to pay our liabilities, and this includes currency and, to a much bigger extent, our bank account. And bitcoins are considered the new digital currency and just like real money. It can be bought over the internet as well as it can be used to purchase items from different online businesses.
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xander ford
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October 06, 2017, 10:17:52 AM |
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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?
[/quYou can acquire some and keep them, and they'll still be worth what they used to be (in the same way that a dollar is still worth a dollar, not that it'll still buy what a dollar used to.ote]
For me Bitcoin is you can acquire some and keep them, and they'll still be worth what they used to be (in the same way that a dollar is still worth a dollar, not that it'll still buy what a dollar used to. And money is a store of value a medium of exchange and lastly is a unit of account.
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waichi
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October 06, 2017, 10:31:35 AM |
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It is totally different. Bitcoin is not a money. It is an asset but it is not a money. Money is something that we can use to buy things right away. We may use Bitcoin to buy things but we have to convert it in fiat before we can use it to buy things.
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radhekrishna
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October 06, 2017, 10:34:13 AM |
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The normal money would not give you profit while investing because rates of bitcoins varies daily moreover it is restrictionless currency no government will point you for endless transactions no matter how much amount you are transacting in this zone and last but not least your money in bitcoin is in safest zone then other regular system you are using since. And one more think everything needs risk when you try new you have to trust it first only then it will work.
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lagracia
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October 06, 2017, 11:10:52 AM |
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From what I've read, money is simply described as our medium of exchange it is what we used everyday to buy everything we need and it is widely accepted, while Bitcoin is a type of money but it is not widely accepted, it can also used to pay or buy but for online businesses only or maybe, where it is widely accepted. We can keep bitcoins, we can also acquire them and they are still worth as they used to be, bitcoins can be converted and can be bigger as it should be.
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svendoto23
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October 06, 2017, 11:23:01 AM |
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Decentralized and no one will be able to control or manipulate the bitcoin distribution while money is being distributed by big or major banks all over the world. Fiat is one of the old and major currency used by people while bitcoin is the new thing a digital currency using all the connected computer using the internet and maybe it'll take over the fiat in these coming or couple of years to come if it is being accepted in the world.
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ammaryasser0097
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October 06, 2017, 02:22:07 PM |
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btc different way to get money
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Naughty Princess
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October 06, 2017, 03:42:45 PM |
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It is totally different. Bitcoin is not a money. It is an asset but it is not a money. Money is something that we can use to buy things right away. We may use Bitcoin to buy things but we have to convert it in fiat before we can use it to buy things.
Actually bitcoin now can be use for payment in large enterprises and company who accepts bitcoin. Those who does not accept bitcoin such as small enterprises can be paid by local currency that is why we need to convert it. Bitcoin is also money,the only difference is being decentralized and volatile. I consider bitcoin as money that can be use for faster and more convenient transactions.
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123kape123
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October 06, 2017, 03:52:27 PM |
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There are many differences of bitcoin and real money.. bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.
Base on my researching that said the money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. And the bitcoin is there is no central authority creating new money or clearing transactions.
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FasTroy
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October 06, 2017, 10:44:21 PM |
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It is totally different. Bitcoin is not a money. It is an asset but it is not a money. Money is something that we can use to buy things right away. We may use Bitcoin to buy things but we have to convert it in fiat before we can use it to buy things.
I don't agree with you, We can use bitcoin to buy things in the internet or maybe in some real shops in few countries, so absolutely it's a money. Sometimes we didn't need to convert in real money to buy things, we can use it directly to buy things. Anyways, I think the diffence between bitcoin and real money is one is virtual and the other one is real, also the volatility of price.
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milandres0207
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October 06, 2017, 11:15:29 PM |
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Bitcoin for me is money, because what money does can also of bitcoin. Like for example paying bills online ar shoping through internet you can use bitcoin to pay the things that you buy the only difference is you can handle it through your arms but through your computer or cellphone with internet access you can use it. But the characteristic of both is same.
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gilabusuk1
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October 06, 2017, 11:26:14 PM |
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Bitcoin for me is money, because what money does can also of bitcoin. Like for example paying bills online ar shoping through internet you can use bitcoin to pay the things that you buy the only difference is you can handle it through your arms but through your computer or cellphone with internet access you can use it. But the characteristic of both is same.
bitcoin is money but in digital form so for proof in its form does not exist because of its nature but for its function is equal to money even exceeds the ordinary money that is only for transactions
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btcjocan
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October 06, 2017, 11:27:12 PM |
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It is totally different. Bitcoin is not a money. It is an asset but it is not a money. Money is something that we can use to buy things right away. We may use Bitcoin to buy things but we have to convert it in fiat before we can use it to buy things.
I don't agree with you, We can use bitcoin to buy things in the internet or maybe in some real shops in few countries, so absolutely it's a money. Sometimes we didn't need to convert in real money to buy things, we can use it directly to buy things. Anyways, I think the diffence between bitcoin and real money is one is virtual and the other one is real, also the volatility of price. The volatility of bitcoin price really affects how people who've invested asset can make possibilities to aim for higher bitcoin values, but if we compared it to fiat money virtual currency can be very much appreciated when it comes to profitable earnings. The investments that people are trying to focus with is to aim for better future that will have to gain huge price as well.
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bitcoinjames6
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October 06, 2017, 11:30:30 PM |
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Something that bitcoin brings that other fiat money doesn't bring, at least in theory, is the finite nature of bitcoin, as the cap of minted coins is only supposed to hit 21 million.
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balakang00
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Platform for Investing in Cryptocurrency and ICOs
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October 06, 2017, 11:33:27 PM |
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Well bitcoin and real money can be invested or can be use in payments however the difference between bitcoin and real money is that real money is more easier to use in payments than bitcoin. Some company or stores don't accept bitcoin as payment so in order to use bitcoin you need to conver it into real money.
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valentine401
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October 07, 2017, 12:43:32 AM |
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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?
If you have a day job or just by looking at the salary of every worker. Then you will notice that they have tax and multiple deductions coming from government compare to working on ico's or rather called campaigns. The only deduction you will get will be depending on the market price of the current coin.
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gilangIDR
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October 07, 2017, 12:49:52 AM |
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The difference between bitcoin and real money is only in the form and manner of use. As for the function remains the same. Bitcoin is used as the same means of payment as real money. The era of digitalization has changed everything, bitcoin provides us with ease in a growing variety of online transactions.
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ufaiz50
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October 07, 2017, 01:12:41 AM |
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The difference between bitcoin and real money is only in the form and manner of use. As for the function remains the same. Bitcoin is used as the same means of payment as real money. The era of digitalization has changed everything, bitcoin provides us with ease in a growing variety of online transactions.
I agree with you because bitcoin and real money have the same functionality as currency and means of payment. but because of the advancement of the technological era the bitcoin provides convenience and benefits to its owners. but for online transactions the bitcoin it's very expensive and long to confirm so I suggest to use another cryptocurrency.
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