Bitcoin versus other offline currencies

[denny27]

Well it seems from seeing the development of the era to the present, many people seem to thinking wanna be closer to this digital currency compared to the offline currency due to various on its advantages.
In addition to many people who are currently doing investing / buying-selling bitcoin, since already several countries has legalized bitcoin as a medium of payments.. many people are also currently opening various businesses with bitcoin payments.
Basically I think, as time goes by.. the people are more likely would be to keep up with the new things.

[Biggapp]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Bitcoin is not controlled by the government which means that they cannot manipulate on their own selves the financial market which they can on fiat and bitcoin will have more market value in the future which is going to $1M possibly.

There is a very huge difference in between bitcoin all other offline currencies. The most basic difference is that bitcoin do need internet connection because it is an online currency unlike all other offline currencies. In addition to this, bitcoin can also help you in having a lot of money by simply keeping bitcoin in your wallet because of its volatile nature unlike all other offline currencies. Moreover, there is no one in this world which is controlling bitcoin because of its decentralized nature.

[yanlap]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

Bitcoin is the top leading coin in the world of digital money and is making more reputation with each passing day. There is a very huge difference in between bitcoin and all other offline currencies. The most basic difference amongst them is that you need to have an internet connection in order to regulate bitcoin. While there is no such need in case of offline currencies. Moreover, bitcoin is also a good way of investing money unlike offline currencies.

[Bagaji]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Welcome to the forum and crypto currency in general, the market value of Bitcoin cannot be compared to any offline currency or fait currency in the world. Bitcoin is the world wide currency that its value is increasing day after day and no any fiat currency  appreciate in value like Bitcoin any where in the world. The percentage of people who own Bitcoin is still insignificant and as it get more adoption on daily basis and that its value will continue to increase of which no offline currency or fait currency in the world has such adoption.

[Webetcoins]

Well it seems from seeing the development of the era to the present, many people seem to thinking wanna be closer to this digital currency compared to the offline currency due to various on its advantages.
In addition to many people who are currently doing investing / buying-selling bitcoin, since already several countries has legalized bitcoin as a medium of payments.. many people are also currently opening various businesses with bitcoin payments.
Basically I think, as time goes by.. the people are more likely would be to keep up with the new things.

All the digital currencies which have been introduced to this world are gaining a lot of fame amongst the people. The increasing demand of most of the coins in crypto world is a proof of this thing that all the crypto coins especially bitcoin is going to have a wonderful future. All other offline currencies can only be used for spending money. None of them can serve in an away bitcoin can help us in making money.

[ivrynx]

there is no doubt that bitcoin is a great investment and as well as a currency since we can do transactions at a much easier way and faster than offline currencies, if you are referring to fiat, in which it is offline. in terms of value, bitcoin has a higher value compared to fiat, since bitcoin gained the trust of people through time and had shown that it can be both currency and asset, however for fiat, it will depend upon you location, where you live, for example in my country, our fiat's value decreases through time due to inflation and as well as the dollar's influence, well as for bitcoin, if you have 1 bitcoin in your country and it can buy a car, your 1 bitcoin can also buy a car in other countries, since the value of bitcoin is the same on every country, and for me that is already a good reason, why you should choose bitcoin over offline currencies.

[Flowzer]

I think bitcoin has more market value than other offline currencies. because bitcoin is more suitable for short or long term investment. the often rising bitcoin price will make you get a big profit if you have bitcoin. than stable fiat money can not afford a large profit like bitcoin. now bitcoin is becoming more popular than fiat money.

[tricker01]

I think bitcoin has more market value than other offline currencies. because bitcoin is more suitable for short or long term investment. the often rising bitcoin price will make you get a big profit if you have bitcoin. than stable fiat money can not afford a large profit like bitcoin. now bitcoin is becoming more popular than fiat money.

Aside from that investing in bitcoin is much profitable compared to offline currencies, because if you hold your bitcoin in the wallet it was rapidly increasing their price. Moreover value of offline currency are not gain profit if in case that the Fiat is on your hand

[youngagethinker]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Extensive research is what will cut these, a newbie wants to learn so give him the forum, give him the proper references and explain him the blockchain. If ever he will deny all of your efforts and don't still believe in the blockchain then so be it.

Of course the fiat still have the largest market value, but BTC is catching up, I think in the next 5 years, it will already surpassed the Dollar reserve, why? Global adoption man, fiat has been here for about a hundred or thousand years, IF bTC will be adopted by as many of us, he will dethrone fiat that easily and governments, banks businessman and laws will try to not let that happen.

[allohha]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Extensive research is what will cut these, a newbie wants to learn so give him the forum, give him the proper references and explain him the blockchain. If ever he will deny all of your efforts and don't still believe in the blockchain then so be it.

Of course the fiat still have the largest market value, but BTC is catching up, I think in the next 5 years, it will already surpassed the Dollar reserve, why? Global adoption man, fiat has been here for about a hundred or thousand years, IF bTC will be adopted by as many of us, he will dethrone fiat that easily and governments, banks businessman and laws will try to not let that happen.

Bitcoin has a lot of competitors, as well as with the exact opposite Bitcoin is a competitor for many currencies. You are a bit mistaken about the banking system and the government, because all these structures are very quickly oriented in real modern conditions. The government is most likely the world leader of Bitcoin in order to have control over the income of users, just as banks can earn their president with the help of crypto currency.

[jayhawk1]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Bitcoin for me is an asset that has a high selling price. Bitcoin is not a currency, so I guess bitcoin can not be compared with currency. If bitcoin is compared to gold, I'm sure it is the right question.

I believe that with offline coins he meant the fiat. If yes I answer you, for the governments to keep the fiat circulating and necessary the production of new currencies in the market every day, not only to replace the lost notes but also to maintain the ones that are already spent.

Already with the virtual currency this would be unnecessary, because even as it is not physical and is not spent over time would not need maintenance, at most some security updates, which is the standard of all technology.

[wxxyrqa]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Bitcoin for me is an asset that has a high selling price. Bitcoin is not a currency, so I guess bitcoin can not be compared with currency. If bitcoin is compared to gold, I'm sure it is the right question.

I believe that with offline coins he meant the fiat. If yes I answer you, for the governments to keep the fiat circulating and necessary the production of new currencies in the market every day, not only to replace the lost notes but also to maintain the ones that are already spent.

Already with the virtual currency this would be unnecessary, because even as it is not physical and is not spent over time would not need maintenance, at most some security updates, which is the standard of all technology.

Well, or the user does not look at Bitcoin in different ways, because for some Bitcoin it's a high-tech art, and for someone it's an investment. although for most Bitcoin it's just an opportunity to make money.

[gesdan]

if you want currencies that can make some profit if you just save it in a long term you need to see bitcoin, because you can save bitcoin but you also make an investment on it, because right now the price of bitcoin is unbelieveable, in Q1 of this year bitcoin onlu have a value unser $1100 but you can see right now that the price of bitcoin is more than $11000 so its mean that bitcoin have a big changes less than 1 year, so if you make an invesment to day how about next year or next 2 years? is it will increasing or decreasing?

[THAHIRHAJI]

Bitcoin is cryptocurrency  and the offline currencies fiat both have different concept and also having their own and different value. Bitcoin is the future currency which is giving very big returns to its investors and holding bitcoin itself giving very big returns as profit to its investors, Bitcoin is not accepted by all as it is fully depend up on internet technology and it is at present not provided to the whole world and believe that in future can be possible. But offline currency it is not dependent as it is fully independent accepted every nook and corner this is the advantage and disadvantage of bitcoin and offline currency.

[Sophia29]

For now US dollar still the king of the forex market specially this December,
Bitcoin is the king of Cryptocurrency and Crypto investment
Fiat or Offline Currency and Bitcoin can be both good benefit to our economy if we fix some of the issues flaged

[thesmallgod]

offline currencies price in dollar are fixed compare to bitcoin. bitcoin can be use as an asset as well as commodity the coin have tendency to grow in value and can also diminish in value. bitcoin acceptance is growing daily and millions of transactions are made every day online using this digital currency. bitcoin have become most traded ecurrency is the world and this continue to rise due to more acceptance and media hype which seems to favour the coin investors.

[supercanada1]

if you want currencies that can make some profit if you just save it in a long term you need to see bitcoin, because you can save bitcoin but you also make an investment on it, because right now the price of bitcoin is unbelieveable, in Q1 of this year bitcoin onlu have a value unser $1100 but you can see right now that the price of bitcoin is more than $11000 so its mean that bitcoin have a big changes less than 1 year, so if you make an invesment to day how about next year or next 2 years? is it will increasing or decreasing?

Bitcoin is no doubt the top rated crypto currency and it is becoming the most demanding currency in the entire world. There is a huge difference in between bitcoin and all other offline currencies. The most important thing is that none of the regular currencies is having this much of worth as bitcoin is having now-a-days. In addition to this, bitcoin is also considered as mode of investment along with using it as an online currency.

[Granxis]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Extensive research is what will cut these, a newbie wants to learn so give him the forum, give him the proper references and explain him the blockchain. If ever he will deny all of your efforts and don't still believe in the blockchain then so be it.

Of course the fiat still have the largest market value, but BTC is catching up, I think in the next 5 years, it will already surpassed the Dollar reserve, why? Global adoption man, fiat has been here for about a hundred or thousand years, IF bTC will be adopted by as many of us, he will dethrone fiat that easily and governments, banks businessman and laws will try to not let that happen.

Bitcoin has a lot of competitors, as well as with the exact opposite Bitcoin is a competitor for many currencies. You are a bit mistaken about the banking system and the government, because all these structures are very quickly oriented in real modern conditions. The government is most likely the world leader of Bitcoin in order to have control over the income of users, just as banks can earn their president with the help of crypto currency.

Governments wanted to control Bitcoin, but they used other methods because it was impossible to control. Some governments have chosen to ban Bitcoin, a way to tax. If Usa takes out its own electronic currency, the crypto stock market will become completely chaotic.

[richardsNY]

If Usa takes out its own electronic currency, the crypto stock market will become completely chaotic.

Nope. Governmental crypto currencies are nothing more than an extension of the rotten system of the government. It grants them more control over people than ever before, and the sheeps that follow everything the government comes up with, will always remain operating within that system. Another aspect is that their crypto currency is tied to their fiat currency, and thus there will be no long term investment possibilities. All long term positions in these currencies will end up in you losing purchasing power just like people do with fiat already. It's nothing more than centralized garbage meant to trap people into the system even further....

[bons]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.