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Author Topic: Difference between Bitcoin and real money?  (Read 114803 times)
zhinaivan
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November 26, 2017, 07:12:49 AM
 #2081

Well, in my point of view, bitcoin nowadays is trending in social world because of its usefulness to the people. Its so friendly user and even a newbie person can easily adapt on it and be benifited as well. All you have to do is to be open minded and eventually feel more cozy on it.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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creative-raju33
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November 26, 2017, 07:14:20 AM
 #2082

As a thought Bitcoin is a crypto-currency. So as the aspect value of the coin is in the internet world. But on the other-hand the real money is the visible money which is real currency in real world for any exchange as the purpose of business.
rasmadisulaiman
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November 26, 2017, 07:19:22 AM
 #2083

Bitcoin has a difference with real money can be seen from the advantages of both. I see bitcoin has a greater advantage than just real money. We can see firsthand that bitcoin is getting more and more expensive and is now worth $ 9032.

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Jannatul Shefa
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November 26, 2017, 07:53:24 AM
 #2084

Bitcoin and real money have some differences.Real money is carriageable.But you can't carry bitcoin as it's an online currency.In shop you need real money because they don't accept bitcoin.
Bitcoin offer you benefits in virtual world not in real world.

Bakote16916
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November 26, 2017, 09:04:16 AM
 #2085

If I argue Basically the bitcoin currency is the same as the real currency we can use to buy something we need and everyday needs only if bitcoin currency exists only in the digital world and real currency like for example the dollar is in the real world. so I think we seem to understand what a bitcoin currency is and it is clear that the difference between it and bitcoin can be traded and we can also convert bitcoin into real money if we want to trade it.
James_H
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November 26, 2017, 09:50:15 AM
 #2086

the real difference is bitcoin is a crypto currency that can not be used for everyday use because for everyday use we depend on our national currency, while bitcoin is more dominant for online transaction usage, that's my opinion Smiley
Nanot
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November 26, 2017, 10:00:30 AM
 #2087

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?

Difference between money and bitcoin . Bitcoin was a investing that consider as electronic money while real money is what we used in every country . Bitcoin is better because its promotes progress in term of economical progress that leads into succes through increasing its level quality and cost.

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November 26, 2017, 10:19:42 AM
 #2088

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?


Both can be used for payment, it is true. However, the increase in the value of money is not the same as bitcoin. Bitcoin is volatile, and because of that it's volatility can be used as an advantage. We all know that we can use it as an investment because of it's changing value, and that can't be done with money.
xvids
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November 26, 2017, 10:19:56 AM
 #2089

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?


I think there's a lot of difference between money and bitcoin. For starters, money cannot be mined unlike bitcoin, right? Also, we cannot trade money for another money, and even if we do, the increase would not be the same as trading bitcoin. I think there are more but it will be too many to mention.

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November 26, 2017, 10:29:53 AM
 #2090

The difference between the two bitcoin is a digital currency with a high value. We can use it as an online payment or transaction while real money is the currency that we have every nation and can be use in our daily lives.

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patimahsunda
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November 26, 2017, 10:32:41 AM
 #2091

I think bitcoin is not regulated by banks and it is also decentralized. Unlike the real money that can be arranged by banks and also the government.
WannaCry
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November 26, 2017, 10:33:37 AM
 #2092

The difference between the two is quite obvious. We are able to invest on bitcoin which we cannot do with our money. The good thing about money though, is it is what we currently use as of now, bute I think some day it iwll be phased out.
wew13
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November 26, 2017, 10:35:48 AM
 #2093

There's a lot of difference between bitcoin and the real money. Bitcoin is a digital money and you can hold it anytime.
Blondy12
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November 26, 2017, 10:39:04 AM
 #2094

there are lots of difference between bitcoin and dollars. first, it is much easier to use bitcoins in any transactions like paying your bills just at home through online. and the advantages of converting a real money into bitcoins is as we all noticed bitcoins value just keep on rising while real money don't.
katarin2030
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November 26, 2017, 10:59:36 AM
 #2095

There's a lot of difference between bitcoin and the real money. Bitcoin is a digital money and you can hold it anytime.
Bitcoin is a modernised currency in a sense it can be used for the digital activity, it's an easy way of doing trading and investments.But the real money is a physical currency that you can feel, see and can transact directly and issued by the governments.
Gotumoot
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November 26, 2017, 10:59:50 AM
 #2096

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?


Difference between bitcoin and real money? With real money you can buy everything you want, shops, malls, and other things you can afford. What is the difference between bitcoin in real money? In bitcoin you just have the money in your account. It's just a stock, but you'll grow it bigger than the price you expect or expect. Here for bitcoin you will earn more, not like real money? have you been holding? just steady and not growing. But in bitcoin you can be sure to grow and increase the money you hold Smiley.
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November 26, 2017, 11:04:55 AM
 #2097

There are some obvious differences between real money and bitcoin. With bitcoin you can buy anything at any time. But with bitcoin you cannot use it at any time at any place. Real money is tengible but bitcoin is in tengible . if you hold bitcoin its value will increase but money will never change in value.

kiddeon123
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November 26, 2017, 11:14:51 AM
 #2098

the real difference between bitcoin and real money is bitcoin is a cryptocurrency which means that it is a type of currency that are made up of bunch of codes and conplicated algorithm and also it can be used al over the world. Real money however is a physical money that you can touch, used to buy things and etc, but there is more to bitcoin, it can be used in trading and etc.

Creating N Action
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November 26, 2017, 11:20:58 AM
 #2099

We can invest on bitcoin which we cannot do in our money. Even the bitcoin and the real money have own purpose, Ofcourse Bitcoin can use in online business. we can buy our daily needs and also important things, we can pay our bills and other matters through the use of real money.The real money can touch it or the so called on hand money while bitcoin cannot. The value of bitcoin changing anytime.It can be high and sometimes it is low unlike the real money, it is constant. The real money can't cahnge the value itself. For me, bitcoin have more advantages than the real money. Bitcoin can considered as job while real money not. I observed that bitcoin is now trending in the social media that is very useful for the millennials. Though bitcoin is getting famous, the real money is much popular to many people. And especially, in bitcoin, there's no tax to be pay but in the real money, they have taxes to be pay.

Goldberg007
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November 26, 2017, 11:24:50 AM
 #2100

Bitcoin  is a digital currency, it can be use online,real money is a hard currency, it can be touch, feel and use anytime.
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