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Author Topic: Is Bitcoin Sound Money?  (Read 28008 times)
yourealion
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November 10, 2017, 01:33:06 AM
 #741

All understands, Bitcoin is electronic cash. New crpyo technologies are designed to save the people's precious time, secure the money and earn more money. Addititionally there is particular prevent stores to track the dealings in anytime.
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November 10, 2017, 01:38:04 AM
 #742

The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.

Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.

Which factors of bitcoin instill this validity of investment?

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Of course yes but this money is not fiat this money is digital in the internet but this is modern than fiat imagine you can use this even  you're at home just need internet if you have a wallet try to use coin.ph that is the best way wallet . Smiley

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November 10, 2017, 01:42:25 AM
 #743

the true currency is a true proven bitcoin, and you can turn it into real money with your country. so you do not have to worry because the bank receives bitcoin in various places around the world.

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November 11, 2017, 09:13:58 PM
 #744

Bitcoin sound income for my family's. Collect with loved ones although creating income from bitcoin trade. And i think it truly is greater, just require a laptop computer
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November 11, 2017, 09:22:17 PM
 #745

This coin belongs to the whole world, and not to any country. I think that soon bitcoin will be popular in all countries of the world.
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November 11, 2017, 09:31:14 PM
 #746

Bitcoin sound income for my family's. Collect with loved ones although creating income from bitcoin trade. And i think it truly is greater, just require a laptop computer
I do think that bitcoin is sound money since even though the value either increases or decreases due to supply and demand(like gold). I do like the fact that bitcoin can be transferred faster than gold(depending on where you and the buyer lives). I don't like the fact that sending bitcoins has a fee but I suppose that there is no way around that. I wonder what will happen when the maximum amount of bitcoin has been mined.bitcoin is becoming the exchange of future.and it is more then money..

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November 11, 2017, 10:53:58 PM
 #747

bitcoin is a digital cash it also can be use for paying bills specially in japan yes its a money .bitcoin is different from gold although they both used for investing.

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November 11, 2017, 11:15:28 PM
 #748

At this present time bitcoin is more valuable than gold has ever been and it makes sense to invest in it rather than gold although gold is physical and in decades time you will still have that gold the increase in bitcoin makes up for that depending upon how long you plan to hold it for.

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November 12, 2017, 02:27:57 AM
 #749

The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.

Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.

Which factors of bitcoin instill this validity of investment?

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For me if says bitcoin it is an job or work in online. The bitcoin is sounds money because if you says a bitcoiners he/she earned money here in bitcoin. Also bitcoin sounds income in my family and my other friends, some of my friends is bitcoiners they have more account that me so they earned money that I earned. Sometimes I nailed to them because their income or they earned is more than I earned.

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Canday
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November 12, 2017, 05:01:14 AM
 #750

Well, yes bitcoin is audio cash. But it has yet to ideal its system. It is nonetheless in its toddler stage and is currently expanding up. The potential is vibrant however.But when you compare it with gold, I believe the throne even now belongs to gold. Even ahead of contemporary civilization started, gold has currently its valuable benefit. Until finally now, its benefit is nonetheless there. It will last permanently.Bitcoin, on the other hand, is a solution of our present day times. A great technological invention, of program, but when every thing crumbles down to the ground, it means nothing any more. Whilst, gold continues to be gold.
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November 12, 2017, 06:55:28 AM
 #751

What is real money if i may ask? if you can buy and sell with any currency it should be seen as real money. To me i have used it in so many transactions so i see it as really money.

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November 12, 2017, 07:04:12 AM
 #752

Yes, Bitcoin has a amount or value that can exchange into money. Bitcoin in the future is a new form of money.

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November 12, 2017, 07:16:24 AM
 #753

Yes bitcoin is a kind of money that had a great value

syamster
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November 13, 2017, 05:45:14 PM
 #754

all i know of bitcoin is that i can use it to buy things, more than that like a gold its value could go up and down,bitcoin making life easier for payments and the transaction fees are lower than we expect.
Yes there is no doubt that bitcoin is very safe and sound digital currency and you can invest here as much as you can because I’m investing here from a long time and I did not see any problem or difficulties so you can invest here without any fear and even billionaire are also going o invest here so which mean bitcoin is totally sound.

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November 13, 2017, 06:21:05 PM
 #755

Bitcoin has already replaced regular currencies in some monetary spaces, and there is no gold in the federal or world reserves apart from maybe Switzerland, so for our common money, there is no physical backup, it is all a lie!
zanezane
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November 14, 2017, 05:41:00 AM
 #756

Yes bitcoin sounds money. Can earn it spend it you can even use bitcoin to pay bills and makes payment easier bitcoin has a great value.

PMmesexycoins
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November 14, 2017, 05:46:55 AM
 #757

Yes bitcoin sounds money. Can earn it spend it you can even use bitcoin to pay bills and makes payment easier bitcoin has a great value.

Maybe some day. Even if viable, right now I can't afford competitive fees on top of the actual payments.
SupportBitcoin
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November 14, 2017, 05:51:02 AM
 #758

Bitcoin has proven to be better than any fiat currency out there. And, if I can use it to buy things, I consider it real money!

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November 14, 2017, 06:33:05 AM
 #759

Bitcoin has proven to be better than any fiat currency out there. And, if I can use it to buy things, I consider it real money!
Yes, I totally agree with you. With many advantages, Bitcoin will become a real money if it is more popular.

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November 14, 2017, 06:47:58 AM
 #760

I do think that bitcoin is sound money since even though the value either increases or decreases due to supply and demand(like gold). I do like the fact that bitcoin can be transferred faster than gold(depending on where you and the buyer lives). I don't like the fact that sending bitcoins has a fee but I suppose that there is no way around that. I wonder what will happen when the maximum amount of bitcoin has been mined.
For me bitcoin is sound money, Because value of bitcoin is getting higher in the near future. And if you will willing to wait and satisfied the value then you can sell your bitcoin. And some of the bank now accept bitcoin and someday you can buy stuff using bitcoin.

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