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Author Topic: Are you OK with Bitcoin being called a token?  (Read 3274 times)
Real_Person (OP)
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September 21, 2017, 12:40:23 PM
Last edit: October 27, 2017, 02:13:22 AM by Real_Person
 #1

FAQ:
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.


``````````````
OP

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy
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September 21, 2017, 12:51:18 PM
 #2

i do not really care about them calling it Token,Precious Metal,Food or whatever.
sometimes they might be misspelled it because of lack of knowledge or differentiation in their view with us.
some of them think it was not a coin but instead it was a token or something like that.
for example look at that media and the publisher Jon Swartz,
based on his past article,seems like it was the first time he created this topic.
and i am really sure he told us that Bitcoin in form of 'Token' because of drama happened in the Chinese.
banning the ICOs based on Ethereum aka Token.


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September 21, 2017, 12:58:13 PM
 #3

Are you OK with Bitcoin being called a token?

It doesn't matter to me, those people that don't really know what bitcoin is will it as sort of token. No heart feelings bitcoin will be as is.

Do you need to be sent to crypto re-education camp?  Cheesy

If that is for free then I would be willing to be in there.  Grin

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September 21, 2017, 12:59:44 PM
 #4

I think it is called Bitcoin for a reason and not a token but I really don't care whatever they call but I would suggest they would just stick to its original name. And for as long as Bitcoins price or value stays the same then I really don't bother about what it will be called.
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September 21, 2017, 01:00:51 PM
 #5

people can call things whatever they like. they call bitcoin a "revolution", "get rich quick" and "to da moon",... others call it "ponzi", "fraud", "bubble",... and lots of things. none of them change anything about what bitcoin really is.

but it shows how poorly some people are educated. and how poor some of these articles are written by these poorly educated people.

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September 21, 2017, 01:20:24 PM
 #6

People have problem acknowledging what bitcoin is right now, a currency or an investment and you come with another idea?
You can call it digital gold or cryptogold or anything else cause it really acts like one but a token is a bit far fetched.

But that won't be a problem.
Before anything else BTC is called bitcoin and 99% of it's users don't give a damn what it is as long as it does it's job.

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September 21, 2017, 01:28:31 PM
 #7

Bitcoin is a coin but works like token. sometimes people thinks that coin must have physical form and bitcoin have none, in other hand token, don't have physical form and just a number really like bitcoin, no doubt that people who are not really into crypto world might be confused by this, even many people are also thinking that bitcoin is like mobile phone balance, that's absurd but real.
tbh, im ok with what bitcoin will be called by people, lol.
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September 21, 2017, 01:33:08 PM
 #8

Bitcoin is a coin but works like token. sometimes people thinks that coin must have physical form and bitcoin have none, in other hand token, don't have physical form and just a number really like bitcoin, no doubt that people who are not really into crypto world might be confused by this, even many people are also thinking that bitcoin is like mobile phone balance, that's absurd but real.
tbh, im ok with what bitcoin will be called by people, lol.

No matter people gonna to call it whatever they want but main idea is understanding the whole concept beyond bitcoin and other crypto coins.

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September 21, 2017, 01:33:44 PM
 #9

People can call bitcoin on names they want. Whatever it is. What's important is  how I treat bitcoin personally. For me it is the most valuable cryptocurrency that I would love to have. And I guess many of bitcoin users wont even care about it too. This is not actually a big deal since we know what really bitcoin is.
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September 21, 2017, 01:40:27 PM
 #10

how about you what do you want to called bitcoin donot offend mate, it doesn't matter what bitcoin called token or anything the important bitcoin have a beautifull future in crypto currency world in the digital currency and bitcoin have a good value, to help us to get good income and profits.

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September 21, 2017, 01:42:14 PM
 #11

I think it's fine. Let them call whatever they want. Only we have to believe in bitcoin and develop it. Someday, they will recognize their mistake.
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September 21, 2017, 01:49:19 PM
 #12

I really do not really care how they call it, the most important bitcoin prices can be stable at a high price and we can get it easily.

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September 21, 2017, 01:53:17 PM
 #13

I don't like Bitcoins or any crypto currencies being called tokens.  I prefer to think of them as currencies/coins/money/cash  to me, tokens are those things you get and the funfair from the penny machines to save up for a cat shaped pencil eraser!

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September 21, 2017, 01:54:21 PM
 #14

They can call is a pustulous blue waffle for all I care. Token? Who cares?

It's bitcoin to those in the know, and it's not even a coin as we normally think of them, so it really shouldn't even be referred to as that.  It's not even a token, nor are the other cryptocurrencies!  Wrap your head around that.  I've never actually seen bitcoin called a tojen anyway.  It's a nonissue for me.

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September 21, 2017, 02:15:07 PM
 #15

They can call is a pustulous blue waffle for all I care. Token? Who cares?

It's bitcoin to those in the know, and it's not even a coin as we normally think of them, so it really shouldn't even be referred to as that.  It's not even a token, nor are the other cryptocurrencies!  Wrap your head around that.  I've never actually seen bitcoin called a tojen anyway.  It's a nonissue for me.
Well as long as we know it's use and we know how to use and have it,then everything the want to call on it will be fine. There are alts that are called tokens especially when they came from ICO .
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September 21, 2017, 02:17:53 PM
 #16

i do not really care about them calling it Token,Precious Metal,Food or whatever.
sometimes they might be misspelled it because of lack of knowledge or differentiation in their view with us.
some of them think it was not a coin but instead it was a token or something like that.
for example look at that media and the publisher Jon Swartz,
based on his past article,seems like it was the first time he created this topic.
and i am really sure he told us that Bitcoin in form of 'Token' because of drama happened in the Chinese.
banning the ICOs based on Ethereum aka Token.


No matter what they call bitcoin as, what matters is that if we can really enjoy from the bitcoin. They can lower the class of bitcoin, they can call it as token, this doesn't change anything, any perception.
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September 21, 2017, 02:21:42 PM
 #17

I only care about the price and stability .. Call it whatever you like as far as im concerned
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September 21, 2017, 02:22:06 PM
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 #18

No, it suits better for the altcoins that don't even have a working product.

Calling it an asset or currency suits better. It gives an idea of something that is not only scarce, but also valuable and that has very important use cases.

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September 21, 2017, 02:24:21 PM
 #19

sometimes these articles are written by people who are not at all familiar with bitcoin and cryptocurrencies in general. sometimes it is a deliberate mistake, or even possibly they call it "token" because they don't want bitcoin to be a coin or a currency.

in the end it doesn't matter as long as it doesn't catch on! which i don't see it catch on so far. so we are good.

There is a FOMO brewing...
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September 21, 2017, 02:44:08 PM
 #20

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy


Look, i may sound like an overreacting monkey by saying this but, I am really not okay woth bitcoin being called a token. I strongly disagree with it. Even the thought alone makes me feel bad. Because i love bitcoin. I reapect it as much as i respect the one who made it(satoshi) together with its rich history that shped it to what it is today. So call me anything you want but i will still not favor anyone calling bitcoin a token. It is just wrong.
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