Bitcoin versus other offline currencies

[jayhawk1]

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.

There is no doubt that bitcoin is number one currency all over the world. All other currencies paper, fiat or cryptocurrency are far behind from bitcoin, there is no comparison between bitcoin and any other currency. One can see the market cap and value of one bitcoin then he will decide by himself which in is more valuable. There is only dollar in offline currencies which is used all over the world and no other currency can be used worldwide.

[kucritt]

bitcoin versus offline currencies, what i love in crypto or bitcoin is, there are no inflation, so the stock in the world of that coin is limited, like in bitcoin the stock in this world only 21 million so i think the price of bitcoin is more stable than other currencies in the world. and the second, every people can use bitcoin as the currencies, they just register theis account in online wallet or offline wlalet

[Sorliand]

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 ?

you can explain it if you use repaid credit cards
Bitcoin have high value like price say also blockchain must future control

[yvesp110]

          Bitcoin is decentralized cryptocurrency with greater value compared to offline currency but it is digital and intangible asset and not all know about it. Unlike the offline currency which is toucheable and we can see with our eyes and even a child know it.

All the offline currencies can only be used as mode of payment and buying of different sort of things and household things. On the other hand, bitcoin is not only a currency but it is also widely used for investing of money and then making out more amount of money from that money. Unlike bitcoin, no regular currencies do need to have an internet connection in order to operate.

[Lucifer777]

then would you mind me asking how you handle losses?  e.g., http://bitcointalk.org/index.php?topic=35678.msg474452#msg474452

[futile-resistance]

Bitcoin is the main and first crypto currency to have its own stand and vision. Bitcoin is the father of all coins no matter what they say bitcoin now overpasses gold when it comes to growth of interest. As of now there is no greater project than bitcoin.

It was very pretentious to say that no project that had happened would have passed btc. Many people thought that gold silver and iron would be a form of trading for the rest of their lives, but here comes the paper notes, cheaper, easier to make, and abundant material.

Today btc goes beyond that and offers several things that no currency has, but as an adept the theory that humans are evolutionary beings surely in the distant future we will find others to transfer values.

[aslamnur28]

Bitcoin could beat other offline currencies with the global transactions. I want to trade with a friend in US ? No more paypal, it's Bitcoin.

[batang_bitcoin]

Bitcoin could beat other offline currencies with the global transactions. I want to trade with a friend in US ? No more paypal, it's Bitcoin.

Comparing bitcoin other offline currencies is absurd. We know the main differences of bitcoin to those currencies. And you are talking about PayPal? It needs internet so it can't be considered as something "offline" and besides it's a payment processor not a currency itself so if you are dealing with that thing you must understand that they are totally different.

[maarx]

Bitcoin could beat other offline currencies with the global transactions. I want to trade with a friend in US ? No more paypal, it's Bitcoin.

Comparing bitcoin other offline currencies is absurd. We know the main differences of bitcoin to those currencies. And you are talking about PayPal? It needs internet so it can't be considered as something "offline" and besides it's a payment processor not a currency itself so if you are dealing with that thing you must understand that they are totally different.

Lot more differences are there. Bitcoin as a leading currency in the currency market, has shown its benefits and gains to the investors and to its holders. We can keep adding benefits one by one, no tax, no third party required, no more time to spend, no worries on physical theft, no bank required. Only the wallet has to be set secured. No other offline currency has taken over bitcoin value and its unique features as of now. Now, slowly every one has started circulating bitcoin by accepting globally for almost all the stuffs they do online, it can be either purchasing things with bitcoin.

[batang_bitcoin]

Bitcoin could beat other offline currencies with the global transactions. I want to trade with a friend in US ? No more paypal, it's Bitcoin.

Comparing bitcoin other offline currencies is absurd. We know the main differences of bitcoin to those currencies. And you are talking about PayPal? It needs internet so it can't be considered as something "offline" and besides it's a payment processor not a currency itself so if you are dealing with that thing you must understand that they are totally different.

Lot more differences are there. Bitcoin as a leading currency in the currency market, has shown its benefits and gains to the investors and to its holders. We can keep adding benefits one by one, no tax, no third party required, no more time to spend, no worries on physical theft, no bank required. Only the wallet has to be set secured. No other offline currency has taken over bitcoin value and its unique features as of now. Now, slowly every one has started circulating bitcoin by accepting globally for almost all the stuffs they do online, it can be either purchasing things with bitcoin.

That's the main use of bitcoin now, it is not used today being a cryptocurrency but it is now used as an investment and that's why everyone is holding it. We don't have to worry about physical theft but if you are not that responsible for keeping your private keys then you can be hacked and you can lose your money easily. It all depends on how you can depend on bitcoin vs other offline currencies.

[kyanscadiel]

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 ?

Comparing bitcoin against "offline currencies" you mean to say cash? or a thing that has an economical value like jewelries, mostly with precious gold, silver, bronze, etc? If you are looking for what's the real market of bitcoin, try to check out coinmarketcap.com and for the market value of fiat money/cash, the government or your country will tell it how much it was valued. While with the precious things I mentioned try to explore this chart http://www.kitco.com/charts/

m. We all know that they are very different in all aspects, but both are very useful for all of us. Both currency bitcoin/ fiat money has it's own market value, we can use them both in our financial needs. Bitcoin is a modern alternative of payment system wherein we can only have transactions thru the use of the internet. Fiat money is what we use everyday without any hassle of using the internet. Therefore both are very important and there is no need to compare because they are both useful.

[ausbit]

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.

There is a huge difference in bitcoin and other cryptocurrency because most of the people are investing only in bitcoin and the reason is high margin of profit. There is no comparison between bitcoin and any other currency. Now many people are investing in ETH, LTC, Ripple but bitcoin has its own value in the market. No doubt bitcoins the king of cryptocurrency world and will remain the king forever.

[cutikanzilong]

bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.

[allohha]

bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.

and you look at how things stand today, because Bitcoin transactions are no longer hours, but days. The same time if you exchange real currency, or make payments, then they are implemented almost instantly.

[Carmen01]

They have different value so i think it's good to know that because for me we need btc and fiat like in btc we can save our money here with your own bank that you only know and in fiat you can save that only in bank so you need to trust other person in your money so i say that's the good in saving money because we're more secure in saving our own money at all.

[Tungsten-1]

They have different value so i think it's good to know that because for me we need btc and fiat like in btc we can save our money here with your own bank that you only know and in fiat you can save that only in bank so you need to trust other person in your money so i say that's the good in saving money because we're more secure in saving our own money at all.

The most basic difference which I have observed in between bitcoin and all other offline currencies is that bitcoin can also be used as a very good way of investing as the market value of bitcoin increases with every passing moment. On the other hand, the market value of other currencies hardly increase. Moreover, you do need to have an internet connectivity in order to get thing done related to that of bitcoin.

[1BTC EQUALS 1CAR]

Bitcoin is a global currency stronger than US dollars. It's going to make our economies more progressive and fiats are subject to inflations which makes it worst for average people.

[Aworiss]

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 better for big investment you can save 1 M dollar in your pocket and very safety.

market cap for bitcoin less than cash or gold but  it is rising more than it.

[TheGreatPython]

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 ).

In my opinion bitcoin is far better than any other offline currency because it is not only a usable currency; it is also a very profitable coin business. If I have one bitcoin today and the price rise up to 30000 dollars in the next year I will make about 15000 dollars without any struggle.

Other thing is that crypto is usable all over the world and there is no need to exchange your local currency into the required one for your purchasing in some different country.

[Sengoko]

          Bitcoin is decentralized cryptocurrency with greater value compared to offline currency but it is digital and intangible asset and not all know about it. Unlike the offline currency which is toucheable and we can see with our eyes and even a child know it.

Yeah this is the difference in virtual and real currency. Bitcoin is digital and no one can see it but when you invest in bitcoin you will see the profit of your investment.

There is a lot of difference other than real and digital or tangible and intangible and that is the market cap and worldwide use if bitcoin and the high profit ratio. Offline can be used in only local markets while bitcoin is usable all over the world without any need of exchange.