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Topic: Bitcoin versus other offline currencies - page 9. (Read 12759 times)

sr. member
Activity: 952
Merit: 251
December 13, 2017, 02:33:39 PM
Offline currencies are not more profitable that you think because is not more valuable in the market not like bitcoin such as the gold money in internet or in the market wich is you can buy whatever you want using online internet easy kind of transaction that not do in offline currencies so bitcoin is much upgrade money thats what I think.
You are right bitcoin is now above all and no currency and no investment is better than bitcoin. I can see in future bitcoin will be the only currency that will decide your future. Nothing is equal to it even not gold as well because if we talk about gold then it’s very hard to hold for the long time and all the time you will remain worry about the safety and so bitcoin is better than all so hold for the long time without any fear.
hero member
Activity: 756
Merit: 505
December 13, 2017, 03:29:29 AM
I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.

I think each has its own fair share of pros and cons. Nevertheless, let me share with you why Bitcoin is more promising as of moment. Bitcoin is an evolution of how money system should be in this age and time. FIRST, it exists online. Its expertise verily exists online in the sense that any hackers cannot just intrude into your accounts without gratifying himself with too much work. Of course, you should know that fiat system also exists online however its database is not as heavily encrypted as that of Bitcoin. Take for example the name of your bank account vis-a-vis the name of your Bitcoin account. You can see that it is in Bitcoin that you experience a much coded persona than that of fiat system.
member
Activity: 378
Merit: 10
December 12, 2017, 08:19:52 PM
I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
full member
Activity: 378
Merit: 103
December 12, 2017, 08:11:15 PM
The definite bitcoin difference is. The bitcoin crypto currency that does not have physical prices and bitcoin prices that tend to change can be very high over gold and fiat depending on how much demand. very well invested our money. good for online transactions and big payouts, because bitcoin value is very high compared to other currencies.
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
December 12, 2017, 09:16:48 AM
For now bitcoin is a very promising form of investment and for now of course there are many investors who continue to enter the world of crypto to date this makes bitcoin very promising for a long-term investment when compared with fiat currency in general other than that bitcoin is a crypto currency that is not from any party that can be strictly controlled either from the government or other institutions bitcoin is a very pure form of investment with the control of individuals without any centralization and of course this can making bitcoin great if we compare it with other fiat currencies. so I think bitcoin is a virtual currency that can not be doubted for a great existence and will become a currency that can be used in the future.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
December 12, 2017, 03:05:43 AM
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
the most obvious bitcoin is a digital currency that has no official physical form like offline currencies.
Bitcoin is more than just a currency it can also be used as an investment.

Which one has more market value and why do you think so ?
This is easy.. of course bitcoin has the most value
full member
Activity: 560
Merit: 100
December 12, 2017, 01:54:39 AM
Offline currencies are not more profitable that you think because is not more valuable in the market not like bitcoin such as the gold money in internet or in the market wich is you can buy whatever you want using online internet easy kind of transaction that not do in offline currencies so bitcoin is much upgrade money thats what I think.
full member
Activity: 140
Merit: 100
December 12, 2017, 01:47:03 AM
Bitcoin and Fiat money are different in so many ways and in many different aspects. One of which is that bitcoin can only be use with the help of the internet without it there's no way you can use bitcoin and other transaction that involves bitcoin. While fiat money is always available anytime and everytime.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
December 12, 2017, 01:12:02 AM
Simple answer for this bitcoin will gain more value day by day but the offline currencies or fiat will lose their value day by day.Bitcoin can not be stolen from you so you no need to worry about thieves.No taxes so you can save more money through crypto currency.
member
Activity: 140
Merit: 20
December 11, 2017, 06:50:35 PM
Bitcoin and other offline currencies are two different concepts which is contradict each other and also contribute each other. Bitcoin is a cryptocurrency invented for the world people who need their money should give revenue to them and travel along with the technology and keep the secrecy and not depend on anyone or any institution also no need to pay tax for my hard earn money. Offline currencies are directly opposite to the cryptocurrencies. If you hold bitcoin it will appreciate but offline currency of any country cannot do it.
If we talk about taxes, then all existing currencies in any country have to do with taxation, but Bitcoin will never pay tax unless it is legalized. Although it seems to me that the legalization of the crypto currency will only strengthen its spread throughout the world.
Bitcoin is the currency that can easily to earn without any taxes, while offline currency is hard to get with a lot of taxes. However in reality offline currency or fiat is the most usable compared to bitcoin. Since bitcoin were only used thru online market, like eBay and so on.
full member
Activity: 1093
Merit: 103
December 11, 2017, 12:54:49 PM
Bitcoin and other offline currencies are two different concepts which is contradict each other and also contribute each other. Bitcoin is a cryptocurrency invented for the world people who need their money should give revenue to them and travel along with the technology and keep the secrecy and not depend on anyone or any institution also no need to pay tax for my hard earn money. Offline currencies are directly opposite to the cryptocurrencies. If you hold bitcoin it will appreciate but offline currency of any country cannot do it.
If we talk about taxes, then all existing currencies in any country have to do with taxation, but Bitcoin will never pay tax unless it is legalized. Although it seems to me that the legalization of the crypto currency will only strengthen its spread throughout the world.
member
Activity: 160
Merit: 14
December 10, 2017, 11:35:21 PM
Bitcoin and other offline currencies are two different concepts which is contradict each other and also contribute each other. Bitcoin is a cryptocurrency invented for the world people who need their money should give revenue to them and travel along with the technology and keep the secrecy and not depend on anyone or any institution also no need to pay tax for my hard earn money. Offline currencies are directly opposite to the cryptocurrencies. If you hold bitcoin it will appreciate but offline currency of any country cannot do it.
newbie
Activity: 55
Merit: 0
December 10, 2017, 10:56:18 PM
I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins. Cheesy Grin
legendary
Activity: 1232
Merit: 1091
December 10, 2017, 04:39:46 PM
If Usa takes out its own electronic currency, the crypto stock market will become completely chaotic.

Nope. Governmental crypto currencies are nothing more than an extension of the rotten system of the government. It grants them more control over people than ever before, and the sheeps that follow everything the government comes up with, will always remain operating within that system. Another aspect is that their crypto currency is tied to their fiat currency, and thus there will be no long term investment possibilities. All long term positions in these currencies will end up in you losing purchasing power just like people do with fiat already. It's nothing more than centralized garbage meant to trap people into the system even further....
hero member
Activity: 1400
Merit: 536
December 10, 2017, 04:33:09 PM
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Extensive research is what will cut these, a newbie wants to learn so give him the forum, give him the proper references and explain him the blockchain. If ever he will deny all of your efforts and don't still believe in the blockchain then so be it.

Of course the fiat still have the largest market value, but BTC is catching up, I think in the next 5 years, it will already surpassed the Dollar reserve, why? Global adoption man, fiat has been here for about a hundred or thousand years, IF bTC will be adopted by as many of us, he will dethrone fiat that easily and governments, banks businessman and laws will try to not let that happen.
Bitcoin has a lot of competitors, as well as with the exact opposite Bitcoin is a competitor for many currencies. You are a bit mistaken about the banking system and the government, because all these structures are very quickly oriented in real modern conditions. The government is most likely the world leader of Bitcoin in order to have control over the income of users, just as banks can earn their president with the help of crypto currency.
Governments wanted to control Bitcoin, but they used other methods because it was impossible to control. Some governments have chosen to ban Bitcoin, a way to tax. If Usa takes out its own electronic currency, the crypto stock market will become completely chaotic.
sr. member
Activity: 798
Merit: 253
December 10, 2017, 04:26:21 PM
if you want currencies that can make some profit if you just save it in a long term you need to see bitcoin, because you can save bitcoin but you also make an investment on it, because right now the price of bitcoin is unbelieveable, in Q1 of this year bitcoin onlu have a value unser $1100 but you can see right now that the price of bitcoin is more than $11000 so its mean that bitcoin have a big changes less than 1 year, so if you make an invesment to day how about next year or next 2 years? is it will increasing or decreasing?
Bitcoin is no doubt the top rated crypto currency and it is becoming the most demanding currency in the entire world. There is a huge difference in between bitcoin and all other offline currencies. The most important thing is that none of the regular currencies is having this much of worth as bitcoin is having now-a-days. In addition to this, bitcoin is also considered as mode of investment along with using it as an online currency.
full member
Activity: 1498
Merit: 129
December 10, 2017, 11:33:33 AM
offline currencies price in dollar are fixed compare to bitcoin. bitcoin can be use as an asset as well as commodity the coin have tendency to grow in value and can also diminish in value. bitcoin acceptance is growing daily and millions of transactions are made every day online using this digital currency. bitcoin have become most traded ecurrency is the world and this continue to rise due to more acceptance and media hype which seems to favour the coin investors.
member
Activity: 70
Merit: 10
December 10, 2017, 10:15:49 AM
For now US dollar still the king of the forex market specially this December,
Bitcoin is the king of Cryptocurrency and Crypto investment
Fiat or Offline Currency and Bitcoin can be both good benefit to our economy if we fix some of the issues flaged
member
Activity: 112
Merit: 10
December 10, 2017, 08:28:29 AM
Bitcoin is cryptocurrency  and the offline currencies fiat both have different concept and also having their own and different value. Bitcoin is the future currency which is giving very big returns to its investors and holding bitcoin itself giving very big returns as profit to its investors, Bitcoin is not accepted by all as it is fully depend up on internet technology and it is at present not provided to the whole world and believe that in future can be possible. But offline currency it is not dependent as it is fully independent accepted every nook and corner this is the advantage and disadvantage of bitcoin and offline currency.
full member
Activity: 616
Merit: 100
December 10, 2017, 06:55:01 AM
if you want currencies that can make some profit if you just save it in a long term you need to see bitcoin, because you can save bitcoin but you also make an investment on it, because right now the price of bitcoin is unbelieveable, in Q1 of this year bitcoin onlu have a value unser $1100 but you can see right now that the price of bitcoin is more than $11000 so its mean that bitcoin have a big changes less than 1 year, so if you make an invesment to day how about next year or next 2 years? is it will increasing or decreasing?
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