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Topic: Bitcoin is not Money, is Faith - page 6. (Read 871 times)

newbie
Activity: 220
Merit: 0
May 24, 2018, 08:21:28 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

I do not think so, I consider Bitcoin to be real money. I believe in the future all the world will use it in parallel with paper money. It will bring real value to all of us.
full member
Activity: 616
Merit: 100
May 24, 2018, 07:58:17 PM
it's not easy like that, there are many aspects that make bitcoin succeeds in the world, not just faith, but it needs to confession from many people in the world especially from government, after that we can make the bitcoin succeeds in the world. first of things is a confession from many people and government
sr. member
Activity: 520
Merit: 250
May 24, 2018, 06:45:17 PM
I would still think of bitcoin as money and at the same time by faith because some use it to make payments and some hold on to it because they will believe it will be worth more in a few years.
I don't treat it as money for the moment since there is only limited personal or real application of it in real life, It's more of an savings or investment or probably having more faith that it will increase in value that I don't spend it in not so important things.
sr. member
Activity: 420
Merit: 250
May 24, 2018, 06:41:52 PM
I would still think of bitcoin as money and at the same time by faith because some use it to make payments and some hold on to it because they will believe it will be worth more in a few years.
full member
Activity: 952
Merit: 104
May 24, 2018, 06:40:05 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

No need to explain about this issue every people know what is bitcoin or the whole virtual currency importance as new hope of people become get chance to change their lives become better. and i will correct you mate bitcoin have expensive value that's the reason bitcoin converting in to cash money because had an value in the market. faith is important to get positive reaction in the life.
full member
Activity: 438
Merit: 100
May 24, 2018, 06:34:03 PM
bitcoin is virtual money faith is to believe what it can do to change your future, they believe that the value of it would increase in the high value besides bitcoin was always surprise us on the price of it before the year end.
full member
Activity: 378
Merit: 100
May 24, 2018, 06:32:06 PM
Bitcoin is not a real currency but as a digital currency or fiat that can be converted into real money so that people who use bitcoin can provide a better life color in the future. Faith depends on people who use bitcoins that are positive just like buying a piece of land, gold and effort for their daily lives. Cool
copper member
Activity: 224
Merit: 3
May 24, 2018, 06:27:17 PM
Very cool, I agree with you to a very large extent, only if we would not get enticed when it hits some strangely high levels.
member
Activity: 378
Merit: 10
May 24, 2018, 05:59:21 PM
Its just a traded digital currency. There are many things that affects bitcoin as a currency that almost all cryptocurrencies depend on.
hero member
Activity: 672
Merit: 500
May 24, 2018, 02:56:54 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.
All of those who have their money in bitcoin have faith in it and do not value it by money and they have faith that it will grow in the future and the future will be of it. Because of that the price of bitcoin is not reducing less than a particular value.

While those who do not faith in it already withdrew their money and because of the the price of it reduced from $20k to the value of today but they still have their eyes on the price of bitcoin and when some other investors will come to invest then the price of it will increase again and those who were afraid will start to believe on bitcoin and the price of bitcoin will again increase from more than $20k.
newbie
Activity: 123
Merit: 0
May 24, 2018, 02:51:18 PM
one of the pressing issues now. I support, bitcoin is a security. something that can gild or ruin you if you just invested your money. that's how I think
member
Activity: 266
Merit: 12
May 24, 2018, 02:47:18 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

If your faith in bitcoin is just to keep on holding it, how could it even change the world and your world. Try to trade or make it grow, then it will give you profit. In that way, it will change your world. Even your profit in bitcoin, if you share it to the poor, then you are changing the world. Still, bitcoin involves money.
newbie
Activity: 123
Merit: 0
May 24, 2018, 02:43:31 PM
and here you are right! it's a security, not money. money can be called other crypto projects, and bitcoin - this is something else!
member
Activity: 140
Merit: 10
May 24, 2018, 02:31:12 PM
that's for sure. the belief of people in the new technology and in what it brings to people. new principles, freedom and anonymity, as well as honesty
hero member
Activity: 994
Merit: 504
May 24, 2018, 02:29:02 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

Faith? We should be doing something for it and not hoping for someone to do it for us. We just have to help ourselves promote and use Bitcoin in a nice way so that people may tend to invest in it as well.
member
Activity: 224
Merit: 10
May 24, 2018, 02:23:28 PM
I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

Bitcoin is an investment, a currency which means money is involve. How could we regard it as faith well in fact, it is created or developed as a currency. Yes, there is faith that it may top the world as a currency but not solely as faith.
sr. member
Activity: 615
Merit: 258
May 24, 2018, 02:19:11 PM
To my own opinion I can say that bitcoin is money and faith because this is the two things that you needed to be successful in this kind of business.
In short you have a faith to your decisions also in terms of business because this is the way that you will earn an income or profit in this business.
newbie
Activity: 112
Merit: 0
April 12, 2018, 09:09:37 AM
the way you is bitcoin is all about perspective. how do you see money? if gold, diamond etc money to you? for me, anything of value/worth is money. is bitcoin valuable and of worth? yes, it is so bitcoin is money
newbie
Activity: 98
Merit: 0
April 12, 2018, 08:17:16 AM
It's a kind of money with faith on it, faith that we believe that it will soon be approved and accepted globally  and money that we can use also to purchased things...
sr. member
Activity: 574
Merit: 250
April 12, 2018, 08:12:53 AM
Many argue that the BTC is not a currency but trust, however, if we think of the modern monetary dynamics on both the euro and the dollar front, fiat currency is pure trust too.
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