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Topic: Are you OK with Bitcoin being called a token? - page 11. (Read 3270 times)

full member
Activity: 313
Merit: 100
September 28, 2017, 01:29:57 PM
#50
The way they call it doesn't change what Bitcoin is. The problem is that it brings confusion for the average user. Calling it a currency, a digital currency or a cryptocurrency tells them more what it's all about.
Yes it is admissible and it can be said as token because it is token to the high profit and high earning. It is token to the global marketing and it allow us to shop everywhere in world yes it is a token and in coming future everyone will use this token.
full member
Activity: 210
Merit: 100
September 21, 2017, 12:54:35 PM
#49
The first time I heard the word bitcoin, it stuck in my mind that bitcoin is a type of currency. That is why I considered bitcoin as a currency not a token. They can call it whatever they want, but I prefer bitcoin be called a currency. A word token to me is not a currency, it is a thing entitled to exchange it for a particular product.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
September 21, 2017, 11:55:39 AM
#48
I am alright with people calling Bitcoin as a token. Frankly speaking to me, Bitcoin is in many forms. BTC might be an asset to someone, gold to another person and etc.
full member
Activity: 287
Merit: 100
Organic PR on Tier 1 media
September 21, 2017, 11:41:13 AM
#47
It's okay to me when people call bitcoin is called with token or whatever. Bitcoin gives me profit and all that matters. I'm happy with it.
yes it does not matter to change the name of bitcoin, we only want money, and we only offend bitcoin when its price made us lost ( I hope this ain't gonna happen)
sr. member
Activity: 756
Merit: 251
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September 21, 2017, 11:36:49 AM
#46
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy
It doesn't matter to me whether people call it token or digital gold or something else because i know what that person mean. People who are new to crypto in general don't know the difference between bitcoin and other token so it's understandable to be wrong. What matter is the value of bitcoin itself.
hero member
Activity: 2660
Merit: 551
September 21, 2017, 11:25:51 AM
#45
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy

I don't care whatever you called it, as long as it serves my purpose I don't see any problem with that. I haven't heard anyone here in the forum calling bitcoin a token though. The world token only existed in the altcoins. As long as bitcoin serves my purpose like having it converted to "physical" fiat and I can do whatever I want, I guess its OK with me. Don't make things complicated here, just focus on building your "token" and try to accumulate as you can.
newbie
Activity: 40
Merit: 0
September 21, 2017, 11:21:29 AM
#44
Isn't bitcoin a token technically? It is a reward given to the miners for maintaining, inserting blocks into the blockchain. But we can use it as a currency because we can buy things and services thru it. So, it does not matter if they call it token or coin. It is still bitcoin to us.
From what I know, token is something you use to represent something else, and which would be used for you to redeem this something else.

Currency is something you use to exchange for anything else.
hero member
Activity: 896
Merit: 521
September 21, 2017, 11:19:03 AM
#43
Until Bitcoin is called Bitcoin, I don't care which word follows it.

There won't be any effect. So relax!
hero member
Activity: 648
Merit: 502
September 21, 2017, 11:15:21 AM
#42
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
  Cheesy

I don't even care if it was called a sushi because in the end of the day what matters is what it can offer and what its potential inside. The name will represent its outside but even whatever what we're calling it in the end of the day those who will believe will believe. And those people won't judge it by a mere name in my opinion.
hero member
Activity: 1148
Merit: 504
September 21, 2017, 11:07:37 AM
#41
Isn't bitcoin a token technically? It is a reward given to the miners for maintaining, inserting blocks into the blockchain. But we can use it as a currency because we can buy things and services thru it. So, it does not matter if they call it token or coin. It is still bitcoin to us.
newbie
Activity: 40
Merit: 0
September 21, 2017, 11:07:31 AM
#40
It is absolutely fine with me somebody calls Bitcoin- token, however, by doing so they actually demonstrate the lack of their knowledge in the sphere, which discredits what they are talking about, no matter how logical it might seem. On the other hand, it's not an awful mistake of course, but sometimes it can be unpleasant
Yeah, I also think this person would be demonstrating lack of knowledge about it. In this thread only I have seen a lot of more appropriate names for it: currency, cryptocurrency, digital currency, asset, digital asset or the simplest one, coin.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
September 21, 2017, 11:02:13 AM
#39
I am absolutely OK with it if bitcoin  is being called a token.  Because by name it can call by token but its price will not change by calling it as token. Lol
hero member
Activity: 1148
Merit: 500
September 21, 2017, 10:57:45 AM
#38
That doesn't matter. Bitcoin or token or whatever they call it. It is still valuable digital asset. It's just a mistake from a reporter. They don't really know bitcoin that's why they say things like that. It's better to call bitcoin a token than call it a scam. I doesn't matter to me what people treat bitcoin. As long as it gives me profit. I'll be fine.  But the reporter should do a deeper study before publishing. They looked like  noobs
legendary
Activity: 924
Merit: 1006
September 21, 2017, 10:43:26 AM
#37
It does not really matter, but there is a difference between a "coin" and "token" tokens are usually useless.
But they are both cryptocurrencies.

a coin has more functions usually. Unless someone codes a really good token.

Since I'm get used for coin, I'm prefer coin usage rather than token especially when my transaction report , all using coin word
Maybe I need some time to adapt token word especially that I know bitcoin over 3 years and I'm still learn it until now
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
September 21, 2017, 10:39:11 AM
#36
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy

Is this really a big deal? It's not making sense. Just let it that and don't stressed out.

As long as we/they know what it were referring then we can called it whatever we want. For a newcomer that wil encountered that called for bitcoin, well a real seeker will find it's way to know what a thing is really all about so in the end they will realized the appropriate term.
full member
Activity: 350
Merit: 101
Tontogether | Save Smart & Win Big
September 21, 2017, 10:36:25 AM
#35
It does not really matter, but there is a difference between a "coin" and "token" tokens are usually useless.
But they are both cryptocurrencies.

a coin has more functions usually. Unless someone codes a really good token.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
September 21, 2017, 10:34:45 AM
#34
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy
The one with little bit of knowledge about cryptocurrency will never refer bitcoin as token, token means something created as sidechain over mainchain of another cryptocurrency. Like many tokens are created as sidechains of waves and ETH main chain.

Bitcoin should always be referred as king of crypto.
sr. member
Activity: 332
Merit: 250
I like the clowns and the little dogs
September 21, 2017, 10:34:27 AM
#33
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy

It's a valid question, and defining your terms is important. But it
doesn't hurt BTC in any way, no matter what you call it. Call it a
shoe, it's still $4k.

The risk you run into by using terms interchangeably is things
that aren't as good being called the same thing, giving it a false
veneer of utility or respectability. Like OneCoin, nothing but a Ponzi
scheme, but so many people were/are just interested into getting
into the new hottness without doing any research of their own,
making the lazy decision and ending up getting screwed. We've seen
these things come and go in this ecosystem, and you always get
the newcomers saying things like "I got mine, so I don't care if it's
a Ponzi", justifyingother people getting ripped off in favor of themselves.
But as we know about Ponzis, they are only sustainable for so long,
then everyone's fucked.

I kinda flew off on a tangent there. I guess my point is call BTC
whatever you want. It's not actually a token, nor is it actually a coin.
It's a method of bookkeeping. Know your basics before buying based
on a name or label.
legendary
Activity: 3010
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 21, 2017, 10:32:47 AM
#32
It does not matter to me too, sometimes people tend to use words to easily explain something that is quite hard to explain technically.  As long as Bitcoin function as it is, the name or the aliases used for it does not matter.  It is even called the digital gold because of its capability to store value and we have no issue about that.  So I guess calling bitcoin "token" as form of comparison how bitcoin works is fine to me.
full member
Activity: 210
Merit: 100
September 21, 2017, 10:30:47 AM
#31
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy


It can be called shit for all I care, I will buy, I will hold and I will keep using it. In some ways, it is a token. And part of bitcoins beauty is that people just cannot make up their minds on what it is.
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