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Author Topic: Bitcoin versus other offline currencies  (Read 12700 times)
yizhaks
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December 14, 2017, 05:04:27 PM
 #141

Bitcoin was there first, and as a result it has the highest trust and biggest value
GoodLuck2
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December 15, 2017, 05:36:31 PM
 #142

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
I don’t really think so that there is any way possible using which we can make a comparison in between bitcoin and other real-world currencies. There is no match of bitcoin with all the paper currencies available. Bitcoin is far more beneficial both in terms of holding as well as investing. Whereas, paper money is only suitable for spending and it has nothing to do with investment just like bitcoin.
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December 15, 2017, 05:58:06 PM
 #143

why compare bitcoin against offline currencies because obviously cash or offline currencies are the most used by people around the world rather than bitcoin but indeed the trend has been change that digital currencies being so popular now and invest at them is good for long term but do not forgot that volatile always be the main problem for bitcoin and cash already defeat bitcoin from this case because cash is pretty much stable than bitcoin
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December 15, 2017, 06:41:52 PM
 #144

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 like other currencies but bitcoin is father or king of all so that have high value.

Demand who make one have more market value also demand make direct effect.
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December 15, 2017, 10:05:32 PM
 #145

why compare bitcoin against offline currencies because obviously cash or offline currencies are the most used by people around the world rather than bitcoin but indeed the trend has been change that digital currencies being so popular now and invest at them is good for long term but do not forgot that volatile always be the main problem for bitcoin and cash already defeat bitcoin from this case because cash is pretty much stable than bitcoin

And don't forget that cash or offline currencies are backed up and supported by the government so it only means that it is safe to use and recommended by the authorities. All of us as citizens are just following what will be the government is going to dictate and tell what's good and bad. Comparing bitcoin to these currencies is something that really doesn't add to the value of knowledge that we wanted to know more about bitcoin.



 

 

 

 

 

 


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December 15, 2017, 11:40:56 PM
 #146

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
Bitcoin is so far the most stable and comparatively better crypto currency comparative to other crypto currencies and there are number of reasons behind the success of Bitcoin over other crypto currencies. Market shifts have some of contribution of the investors and general public, and as of now the most trusted crypto currency which has won the confidence is bitcoin. Not only bitcoin is proving itself worthy enough but also meeting the demands.
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December 15, 2017, 11:42:43 PM
 #147

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 stands agains't any other offline currency and has no comparation in between, yes you can compare between other blockchain related coins not even with tokens.
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December 18, 2017, 04:53:50 AM
 #148

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


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December 19, 2017, 05:22:31 PM
 #149

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.

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December 20, 2017, 03:43:49 AM
 #150

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.
I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking.
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December 20, 2017, 03:34:53 PM
 #151

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.
I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking.
i do understand your doubts on bitcoin of hacking incident but i would say it would really need to take how many years for it to happen which quantum computers would really able to affect bitcoin. Comparing it on offline currencies then i would say fiat would really be still no. 1 no matter what and bitcoin is just really an alternative digital currency not only benefiting on its actual usage but also on the opportunity on making money.

R


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December 21, 2017, 02:36:41 AM
 #152

Actually there is no other offline currencies, all the money can be transferred to a digital system. We see a lot of money as just numbers. So all the money started to become virtual due to credit cards and ATMs.



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Rainbot
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December 21, 2017, 03:38:25 AM
 #153

I don't see that bitcoin compete with offline currencies because bitcoin is different from fiat and until now, bitcoin cannot be used for payment. maybe only few country that allows bitcoin to be a payment but the rest is not giving the permission to do this. for now, I think the only fiat that has many market value because we can use fiat in everywhere but of course, we need to exchange that fiat to local currency so we can start to use.



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eagleman
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December 21, 2017, 08:54:44 AM
 #154

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 ?

Why there's a need for bitcoin to be compared to other offline currencies? They have their advantages and disadvantages. Here are my shot with the difference of bitcoin vs offline currencies.
1. Bitcoin is online and can't be used offline but we can store it through offline hardware.
2. There's a need for a bitcoin transaction to get confirmed first before it will arrive to the receivers address.
3. Offline currencies are controlled by the gov't and you know how the gov't rules everything.
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December 21, 2017, 09:20:04 AM
 #155

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.
I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking.
i do understand your doubts on bitcoin of hacking incident but i would say it would really need to take how many years for it to happen which quantum computers would really able to affect bitcoin. Comparing it on offline currencies then i would say fiat would really be still no. 1 no matter what and bitcoin is just really an alternative digital currency not only benefiting on its actual usage but also on the opportunity on making money.
of course there are always doubts that will be felt by many people if bitcoin can be used as world currency. In modern times like now always appear criminal that can harm many people, let alone bitcoin can only be used online of course many hackers who try to use it by stealing valuable assets that do not use a bitcoin purse that is completely safe.
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December 21, 2017, 01:27:08 PM
 #156

if you talk about the store in offline and use that currencies in offline activity i will said that offline currencies is better than bitcoin, because all people that sell something want to receive the payment with offline money and maybe they dont want to receive in bitcoin payment, but if it talks about investment i think bitcoin is the winner because bitcoin have a great value right now, and have a good future

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December 21, 2017, 07:50:30 PM
 #157

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.
I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking.
i do understand your doubts on bitcoin of hacking incident but i would say it would really need to take how many years for it to happen which quantum computers would really able to affect bitcoin. Comparing it on offline currencies then i would say fiat would really be still no. 1 no matter what and bitcoin is just really an alternative digital currency not only benefiting on its actual usage but also on the opportunity on making money.
of course there are always doubts that will be felt by many people if bitcoin can be used as world currency. In modern times like now always appear criminal that can harm many people, let alone bitcoin can only be used online of course many hackers who try to use it by stealing valuable assets that do not use a bitcoin purse that is completely safe.
There is no doubt that anything on internet can be hacked, it is just matter of time when hackers will be able to knock the doors of bitcoin holders. The best thing about this currency is that this is decentralized and has no central command, so it makes the people viable to secure the bitcoin from hacker, which means that all the people who have bitcoin, will keep the security of the bitcoin up to date and if there will be any loop hole for the attackers, it will be secure before exploitation.
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December 22, 2017, 01:03:37 AM
 #158

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.
In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.


You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.
I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking.
i do understand your doubts on bitcoin of hacking incident but i would say it would really need to take how many years for it to happen which quantum computers would really able to affect bitcoin. Comparing it on offline currencies then i would say fiat would really be still no. 1 no matter what and bitcoin is just really an alternative digital currency not only benefiting on its actual usage but also on the opportunity on making money.
of course there are always doubts that will be felt by many people if bitcoin can be used as world currency. In modern times like now always appear criminal that can harm many people, let alone bitcoin can only be used online of course many hackers who try to use it by stealing valuable assets that do not use a bitcoin purse that is completely safe.
There is no doubt that anything on internet can be hacked, it is just matter of time when hackers will be able to knock the doors of bitcoin holders. The best thing about this currency is that this is decentralized and has no central command, so it makes the people viable to secure the bitcoin from hacker, which means that all the people who have bitcoin, will keep the security of the bitcoin up to date and if there will be any loop hole for the attackers, it will be secure before exploitation.
That's why I keep observing in different online wallet and always looking their security measure. From reference number,email back up, private key, offline database or what ever and many more. But some wallet says that , they are NOT bank and advise to "don't keep" too much money( bitcoin )  for some reason ( maybe when in case of losing money ).
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December 22, 2017, 04:19:36 PM
 #159

btc is so volatile. needs so many corrections. it could only be a store of value.

keep it up.
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December 23, 2017, 12:43:15 PM
 #160

Bitcoin is very different from the real currency, the real currency is supported by the government and the world bank so its value very rarely decline unless there are conflicts or other problems within a country. Bitcoin prices are influenced by demand and demand so much that Bitcoin has a high price compared to the previous year.
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