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Author Topic: Bitcoin is not a currency?  (Read 1945 times)
Keeminakar
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March 14, 2018, 12:15:29 PM
 #281

Bitcoin can be quite a full-fledged cryptocurrency, just its time as a means of payment has not yet come. You'll see in the future will be very real to go to the store and pay for your purchases of bitcoin.

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damrianto
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March 15, 2018, 07:11:23 PM
 #282

the international financial services agency says bitcoin is not a digital currency but a virtual currency and not an effective currency to use. Indeed, virtual currencies such as bitcoin and litecoin are difficult to adopt as conventional currency.
however, due to its independent status alias knows no national borders, then the virtual currency has the potential to attract merchants.
Minerall
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March 18, 2018, 11:51:56 AM
 #283

Bitcoin was long ago acknowledged to be a currency, a cryptocurrency to be precise. And it's very popular now and quite a lot of people try to pay with it.
xamil
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March 18, 2018, 11:57:05 AM
 #284

Maybe he told that because he was paid buy other currwncy that want bitcoin to destroy. But hes not completely did because most people are believe that bitcoin will last longer and accept the reality that bitcoin is now our digital currency that lessen our work in buying. Helping us to have extra income or even as our full time job.
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March 18, 2018, 12:31:31 PM
 #285

Of course, bitcoin is a currency.  It was created as alternative currency. It is called  digital currency.
kukuli
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March 18, 2018, 05:17:31 PM
 #286

I strongly disagree very approximately bitcoin is not a currency. Bitcoin is a currency, a cryptocurrency were by yourself exist in computer and could get your hands on any item online. I think the difference with the currency and the crypto one is the currency has a value and an actual visualization while the crypto is in addition to has a value and but without actual visualiziation. But yet the VALUE is indicated, bitcoin is a currency.
blx18
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March 18, 2018, 05:30:52 PM
 #287

Bitcoin would like to be a currency, but so far it is only good for speculation. It does not behave like a store of value and is too volatile for means of payment.
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March 18, 2018, 05:35:15 PM
 #288

He is just the same with any individual that stating his opinion about bitcoin and about cryptos, but it was his point of view and that's his own thoughts...
As for us, we are hoping that one day Bitcoin will be a global currency...because that our opinion.
guxu219
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March 25, 2018, 04:19:47 AM
 #289

truly needless to say as indicated by some individuals bitcoin as a cash nonetheless I concur with what he aforementioned. i believe bitcoin is associate degree instrument that utilizations blockchain innovation with a virtual frame thus visible of its benefits as a strategies for money exchange or obtain altcoin various people decision it as cash.
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March 25, 2018, 05:21:33 AM
 #290

In my own opinion about, The arguments in bitcoin is a currency or not maybe it depend on individuals are using bitcoin.But in the real world bitcoin is not a currency right now because we didnt recognized by the central bank as reserve currency in the future.we have our present currency we cannot use two currency in one county.If you have bitcoin you can convert it first into our real currency for buying anything in the store.
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March 25, 2018, 05:53:59 AM
 #291

We can say that bitcoin is not a currency. It is an assets.
But as it is trending day by day we hope it is going to be one currency all over the world in coming days.
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March 25, 2018, 06:00:57 AM
 #292

Bitcoin is all about the users self interest and completely depends upon the users preference. When it is comes to currency a physical backing is a must and in particular bitcoin doesn't have a physical backing. It is completely backed by technology and this makes bitcoin an asset and the usage similar to physical fiat makes it a currency.
rightway00372018
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March 25, 2018, 06:04:34 AM
 #293

yes right in my opinion bitcoin is a digital asset. because the price is very expensive, bitcoin can be called as currency if the price tends to be stable in my opinion

Although bitcoin is digital but this is still consider as currency
masterchief001
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March 25, 2018, 06:05:22 AM
 #294

I think bitcoin is a currency. But this is a currency that is not fixed because there is a rise, sometimes a decrease. This currency depends on the player psychology and the dynamics of the economy. It is like stock, it also has a trading floor and its value also depends on the trading platform.
Blackrosek
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March 25, 2018, 06:07:39 AM
 #295

I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?

It is not classic currency, and this do not mean that it is bed, it differs and this fact is the value of the bitcoin.

Bitcoin is not a complete currency. It's a virtual money,Which helps people economically. bitcoin is a valuable asset for everyone .
piebeyb
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March 25, 2018, 06:29:33 AM
 #296

I might just say this time yet, but we'll see the next few years when 21 million bitcoins have been discovered and see that how bitcoin works better than currency Smiley

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March 25, 2018, 06:33:55 AM
 #297

I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?

I don't agree. Because we all know that bitcoin is calle "Decentalized CURRENCY" that the difference is we used it in some online transactions. I know that bitcoin is also differeny frome the miney we used today yet I believe that we may consider bitcoin as currency but in different type because physical money is the one we used in everyday while bitcoin is online use.




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Javed zaman
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March 25, 2018, 06:47:16 AM
 #298

Maybe Warren Buffet do not consider bitcoin as a currency, but we should not rely on anybody's choice of opinion. We have the right to choose our opinion.
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March 25, 2018, 06:53:31 AM
 #299

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March 25, 2018, 06:58:03 AM
 #300

I think so. Bitcoin in my opinion is just a market so that we can invest and make a profit from investing in it, also say bitcoin is a currency I think is not right.
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