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Topic: Bitcoin is not Money, is Faith - page 5. (Read 871 times)

sr. member
Activity: 812
Merit: 256
May 25, 2018, 12:21:59 AM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.
One sentence is very good ( Grin Grin Grin) , but as with all other valuables, people compare to USD or gold! For counting things like Bitcoin! It is surely that!
But I always believe in Bitcoin and the Altcoin has a good development direction!
legendary
Activity: 1414
Merit: 1039
May 25, 2018, 12:10:31 AM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

You have to value Bitcoin if you want to have faith in it though... No one will want to support something that has no value to it right? The reason people support US currency for example is because the government offers it value. Otherwise, cash is simply just another piece of paper. It has value because everyone in the US gives it value. Similarly, Bitcoin has value through its supporters. With that value comes more supporters and faith. I don't think you can say that you don't want to value Bitcoin at all because that just ends up being a pretty ludicrous idea for a lot of people who are currently supporting it.
jr. member
Activity: 170
Merit: 6
(┛❍ᴥ❍)┛彡Axi
May 25, 2018, 12:07:10 AM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

to convince bitcoin to not believe the bitcoinay money where you get it in bounties where they pay it's faith because anyone has it as bitcoin knows who it really is.
member
Activity: 700
Merit: 10
May 25, 2018, 12:03:12 AM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

Bitcoin is like revolutionary monetary system and its transparant ledger. Bitcoin can grow so fast in past few years because many people or community believe on bitcoin can bring prosperity for others.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
May 24, 2018, 11:47:05 PM
Well we all have our different perspectives and opinions, we may treat Bitcoin and other cryptocurrency whatever we want we just need to use it right. Bitcoin is a currency and we use it as currency, some use it as investment, some use it as way to gain profit. We all have our fair share of what we think about Bitcoin. What's important is that we use Bitcoin right and keep using it as users.
My said mate and from my own perspective I see and use bitcoin as financial opportunity which some called investment because i'm financial stable through the investment I done with it.
hero member
Activity: 1666
Merit: 701
May 24, 2018, 11:29:47 PM
I prefer to call the bitcoin 'money' like gold and silver instead of calling it 'currency' like usd, cny, idr etc., because bitcoin is like gold but better.
Bitcoin and gold have much in common: Scarcity, Universality, Value increase in time of crisis and inflation, Operation outside the banking system,
Nevertheless Bitcoin is advanced form of gold, as evidenced by a number of advantages:
Excluding the possibility of forgery, No need to carry it, Use as a means of payment, No risk of confiscation, Convenience and safety
member
Activity: 658
Merit: 10
Rangers Protocol
May 24, 2018, 11:25:53 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

If we don't let value bitcoin in money so how can we know the exact price of one bitcoin if there is no basis to measure it.

How can you change the world in just holding bitcoin? How can you have the desire to hold it if you don't know the future of this coin?
member
Activity: 308
Merit: 10
AMA BCT
May 24, 2018, 11:21:33 PM
You can call bitcoin is money. Bitcoin helps you make a lot of money from trading and investing in the cryptocurrency market. You can pay for Bitcoin services very quickly and conveniently. Countries use bitcoins to trade and the economies of those countries are developing.
member
Activity: 181
Merit: 10
Industry 4.0 is called Bitcoin
May 24, 2018, 11:09:03 PM
Bitcoin is nt money it is faith it is religion it is occult science it is mania it is more than technology and money in real
yes they are different but you are confident you will have money on bitcoin and grow well if you have faith
For someone who acts like you're a big boy trader (porfolio probably around 1k as well right?) you fail to understack that if bitcoins were to die the market were to die? no matter how much you promote bitocin clones like bcash or litecoin if bitcoin dies the rest comes with it, but you're new I assume, classic normie who came in when the price went to 20k in december please go away
jr. member
Activity: 350
Merit: 2
May 24, 2018, 10:54:36 PM
Bitcoin is nt money it is faith it is religion it is occult science it is mania it is more than technology and money in real
yes they are different but you are confident you will have money on bitcoin and grow well if you have faith
newbie
Activity: 105
Merit: 0
May 24, 2018, 10:53:03 PM
We know that bitcoin is a virtual currency .Morever we can say it is an online currency.Allthough there is no existence  of cryptocurrency,it has a  really value in the world. So we can fluently say bitcoin is money
 Smiley
member
Activity: 179
Merit: 10
May 24, 2018, 10:51:39 PM
Well we all have our different perspectives and opinions, we may treat Bitcoin and other cryptocurrency whatever we want we just need to use it right. Bitcoin is a currency and we use it as currency, some use it as investment, some use it as way to gain profit. We all have our fair share of what we think about Bitcoin. What's important is that we use Bitcoin right and keep using it as users.
newbie
Activity: 140
Merit: 0
May 24, 2018, 09:57:57 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

I think, Bitcoin is money and faith. We all know that bitcoin, helps us to buy something we need. So it may sees as money. And also give us faith, yes, bitcoin helps us a lot, to help your financial, give income for jobless etc.
jr. member
Activity: 112
Merit: 2
May 24, 2018, 09:46:23 PM
BitCoin is a virtual currency that can be used to transact online. If asked how this form of currency, which is clearly not like the form of physical currency issued by a bank and not the currency of a country. The shape of this unique currency is just a file like common files in my opinion.
member
Activity: 336
Merit: 14
May 24, 2018, 09:21:01 PM
I do have faith in bitcoin. People who don’t believe in cryptocurrency lacks the knowledge or simply just too lazy to do some research. I made a lot of money thru bitcoin. Smiley
newbie
Activity: 84
Merit: 0
May 24, 2018, 09:20:21 PM
Bitcoin is both money and faith. We all know that bitcoin, helps us to buy something we need. So it may sees as money. And also give us faith, yes, bitcoin helps us a lot. I know some users here are lack of financial that's why they entered bitcoin world. And we know, step by step, bitcoin will be the key to help the people around the world and it makes sense.
sr. member
Activity: 798
Merit: 250
May 24, 2018, 09:10:33 PM
Bitcoin is both: money, and faith. It is already a powerful currency and a profitable asset as well, but people cant earn real money with this coin without real faith and patience. The real believers of BTC earned a lot of money by holding their bitcoins for long years.
jr. member
Activity: 35
Merit: 0
May 24, 2018, 09:03:01 PM
I am agree as the Bitcoin really not hold any price but it is revolution of decentralization in which people have faith. So faith is required to sucess of blockchain
member
Activity: 672
Merit: 12
May 24, 2018, 08:37:46 PM
Fiat currency in itself also have no value.  Paper currency are just promissory notes issued by central banks on behalf of their governments.   People have just faith in those papers.  They know that they will sure get their desires goods and services in exchange for those paper notes whenever needed.  
In some way different bitcoin is digital crypto for which people have faith .  Bitcoin was made to be used as currency but people made it as an instrument of investment.  So it's value keeps fluctuating.  Buyer may gain or loss due to this character.  
But as it is decentralized currency so not backed by any government promise to pay.
Of course faith is major factor of its liking by the people in addition to its other characteristics.
full member
Activity: 299
Merit: 100
May 24, 2018, 08:23:13 PM
You can not dictate everyone what do they have to do with their bitcoins. It depends on them and not on you. If you want to just hold, you can hold my friend. But if they wanted to trade or convert it into fiat, then let it be.
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