What is Virtual Money?

[zhanyiguai261315]

The network virtual currency can be divided into three kinds!

The first is the familiar game currency.

The second category is a dedicated currency issued by portal or instant messaging service providers to purchase services within the site.

The third kind of virtual currency on the Internet, such as bitcoin (BTC), the monetary (FTC) Wright currency (LTC), etc.

[samcun]

virtual currency is a digitally-built currency, the entire system is based on chain blocks or blockchain. Starting from the issuance, the way transactions and records are all recorded in the blockchain decentralization network. So everyone can run this block chain server.

[gcckpxm62308]

About virtual currency, there are 03 different understandings:

    Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
    The type is not real value, not guaranteed by cash, gold, and valuable assets.
    The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.

The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.

In my opinion, bitcoin is non-existent money, it is not physical, it should exist on the Internet and it is an electronic money. But if it is cut off by power failure, it is very difficult to trade. This is also a drawback, so we still have Need to have a national recognition of the presence of banknotes read your explanation, I think I have a more in-depth understanding of the virtual currency, thank you.

[abbhatia]

This type of currency has been known for a long time in the form of customer incentive programs or loyalty programs.A lot of confusion exists around the terms virtual money and digital money. When we are talking about digital money, this concerns the categories M2 and M3 of the financial system (M1 are the physical notes and coins in circulation). Worldwide, more than 95% of the currencies is digital. Virtual money originally only referred to the currencies that did not live in the real world and were only exchanged online (typically in gaming systems). In a later phase, virtual currencies started to expand to the physical world and blurred the line between virtual and digital money.

[sadacoin]

Virtual currencies on the Internet, such as BTC and LTC, are electronic money generated by open source P2P software. Some people translate bitcoin as "bitkin" Network virtual currency. Mainly used for Internet financial investment, but also as a new currency can be used directly in life.

[fitty]

Virtual money/currencies are those assets that you cannot hold physically but you can spend freely online.Its just a web base/internet base type of financial spending and status.It acts same as the real fiat currency we are holding right now but just in different type and platform

[yj300316]

About virtual currency, there are 03 different understandings:

    Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
    The type is not real value, not guaranteed by cash, gold, and valuable assets.
    The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.

The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.

Virtual money is a digital asset that you can manage (such as investing, trading, etc)
You think bitcoin is unmanageable? Then what do the investors bought for, if their bitcoin unmanageable.

[coolcoinz]

But on the other hand, if you understand, not so many new topics appear for discussion. Conducted similar topics consider this issue a little differently. Therefore, I see no reason for such harsh criticism. Discussing the same question how good bitcoin from different sides is also boring. Moreover, in the section when discussing bitcoin, I have not yet encountered such a topic. It can be in other sections, in which the forum user can and do not go. Therefore, I do not see anything wrong with if the topics intersect with each other.

It's not about the relevance of the topics but about him leveling sock puppets by starting similar threads at the same time. Don't you see anything wrong with making a new account, starting a thread, making another account, starting a similar thread, and so on? I know that alts are allowed but what he's doing is called farming. And he knows it well because he didn't log back in after being exposed.

[MANKYAL]

Virtual currencies on the Internet, such as BTC and LTC, are electronic money generated by open source P2P software. Some people translate bitcoin as "bitkin" Network virtual currency. Mainly used for Internet financial investment, but also as a new currency can be used directly in life.

Yes bitcoin and all its altcoin can be consider as the virtual currency. In fact in modern time the user of virtual currency is now increasing from time to time, because of the increasing interest of the people. I think that their interest will continue increasing for a long time.

[joan26]

Virtual Money can be defined as a digital representation of value that is issued and controlled by its developers, and used and accepted among the members of a specific (virtual) community.
Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking authority

[Donceng]

virtual money has the same functions and benefits as other currencies, can is used for transactions and more. but the difference is this virtual money is often also called digital money, and bitcoin is one of the virtual money / digital money that is famous today so that now bitcoin become one of the digital currencies that are in great demand by the public in this world

[Joyceshiroor]

Virtual money is the imaginary or digital currency which dpes not exist in actual but have their values in electronic media or online values. These type of money are considered to be future currencies which does not exist in any form of paper,coin etc.

[Kprawn]

In my opinion there are a difference between Virtual money and Crypto currencies. Virtual money can be in-game tokens or

some counter party token. It can be electronic food stamps or vouchers. Once Cryptographic algorithms is involved, it should

be labelled as Crypto currencies. {If it is not Bitcoin, then it is a Alt coin} The difference is very important, because not all

digital "money" is the same.  

[redhondaxrm125]

Are you the same person who made the following thread?
What is the algorithm money?
https://bitcointalk.org/index.php?topic=2834664.0

Because you obviously made:
What is Electronic Money?
https://bitcointalk.org/index.php?topic=2834630.0

It certainly looks like you're leveling by making similar threads with your main and your alts.

To compare:
Name:   myson2009
Date Registered:   11 January 2018, 06:16:34

Name:   goodpeople222
Date Registered:   11 January 2018, 06:14:41

Stop making useless threads and spamming mr. sock puppet.

uh oh,. i smell trouble. ..

but seriously though, why the hell would you even do this op? i mean, if you are gonna have an alt, at least make every alt like your main account. or at least don't be so obvious that you only are after post counts. although it is allowed to have alts here in the forum, it would be pretty nice if you put effort in every alt that you own and not just make the same thoughts on the posts of both alts. doing something like this is really bad for the forum because it obviously blocks out some better topics.  i hope this will be an eye opener for ya. try to look at the meta section and read back a lot. might give you some healthy fear. don't wait for the worse to happen op, change while you can.


great job noticing man, you deserve a merit.

[hastag_80]

About virtual currency, there are 03 different understandings:

    Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
    The type is not real value, not guaranteed by cash, gold, and valuable assets.
    The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.

The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.

Will ,in my simple definition of virtual money it is a digital currrency that no physical appearance,and compose of million integral numbers,that cannot seen or  touch by a person or in other word its is transparency.virtual money compose of bitcoin and altcoin in the world of cryptocurrency it is run through the block chain market with the help of internet technology,with decentralized processing through its own method and properties.

[Casmania]

About virtual currency, there are 03 different understandings:

    Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
    The type is not real value, not guaranteed by cash, gold, and valuable assets.
    The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.

The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.

Will ,in my simple definition of virtual money it is a digital currrency that no physical appearance,and compose of million integral numbers,that cannot seen or  touch by a person or in other word its is transparency.virtual money compose of bitcoin and altcoin in the world of cryptocurrency it is run through the block chain market with the help of internet technology,with decentralized processing through its own method and properties.

Based on my research, Virtual money is also known as virtual currency that is unregulated digital money which is being controlled and supplied by it's developers. It is being used and accepted among the fellow members of a particular virtual community. It is also a digital representation of value that is electronically transferred and stored.

[Julian Page]

Is virtual money the same as digital money?
A lot of confusion exists around the terms virtual money and digital money. When we are talking about digital money, this concerns the categories M2 and M3 of the financial system (M1 are the physical notes and coins in circulation). Worldwide, more than 95% of the currencies is digital. Virtual money originally only referred to the currencies that did not live in the real world and were only exchanged online (typically in gaming systems). In a later phase, virtual currencies started to expand to the physical world and blurred the line between virtual and digital money.

[James Newman]

Virtual Money can be defined as a digital representation of value that is issued and controlled by its developers, and used and accepted among the members of a specific (virtual) community. Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking authority. In this article, Sia Partners explains why “Virtual Money” could become really important, which are the main products and players in the market today and what are their main characteristics, risks and advantages. We also explain key concepts related to Virtual Money, such as “Mining” and “Blockchain”.

[Pinoyfan]

About virtual currency, there are 03 different understandings:

    Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
    The type is not real value, not guaranteed by cash, gold, and valuable assets.
    The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.

The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.

Virtual money from the word itself these are moneys that can only be seen inside your cellphone or computer. You cannot hold it physically because as i say it is only store inside your virtual wallet.But the advantage of it is you can use it to buy or to pay for your bills like a ussual money.

[juiceannabel]

virtual money is a money, that you can save it physically.
It is virtually, means you dont have its physic.