Difference between Bitcoin and real money? - page 116.

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Quote from: batang_bitcoin on March 10, 2017, 05:16:38 AM

Quote from: betlord90 on March 09, 2017, 07:21:55 PM

The diffrerence of bitcoin and money is its trading. In bitcoin you can only trade it onlone or the means of modeen technology. On the other hand money is a physical trading which means you have to bring this certain amount to buy a necessity or needs. It is both the means of giving out an amount but it differs in its process.

Well in bitcoin we can trade it offline if you know the person that you'll trade with your coins. Otherwise, they are the same that way but depending on situation but most of the time bitcoin is being trade by people who doesn't know who they are trading to. And that's the best difference of these two, bitcoin = digital, fiat=physical.

True bitcoin can be exchange anytime any where i have friend who b uy it from me every month he want to stake 0.1 btc in wallet as his ensurance found. I have some local dealers that i know that do the same with some 5% fee, so both are in one way money or mean to pay/purchase some good or something else.

In the way of things but this is good both are good both are used and bitcoin will be future of everything in next several years.

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I noticed that only those people who are computer literate can use bitcoin, people that always active online and looking forward to make real money. Using bitcoin really needs internet connection and that's the only way for you to have access on it.

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Quote from: betlord90 on March 09, 2017, 07:21:55 PM

The diffrerence of bitcoin and money is its trading. In bitcoin you can only trade it onlone or the means of modeen technology. On the other hand money is a physical trading which means you have to bring this certain amount to buy a necessity or needs. It is both the means of giving out an amount but it differs in its process.

Well in bitcoin we can trade it offline if you know the person that you'll trade with your coins. Otherwise, they are the same that way but depending on situation but most of the time bitcoin is being trade by people who doesn't know who they are trading to. And that's the best difference of these two, bitcoin = digital, fiat=physical.

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for now all peoples use real money to transaction face to face without internet connection
anf i am sure all people can use real money but for bitcoin although can used for face to face transaction
but that transaction should need internet connection and the buyer/seller should know about bitcoin
and i am not sure if all buyes or sellers know about bitcoin and how to use it

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Quote from: NEWGOODOUBLE on March 09, 2017, 06:46:33 PM

Quote from: Christian13 on March 09, 2017, 06:15:16 PM

Bitcoins are an electronic form of money while real money is kind of tangible money.Bitcoins are rarely used in any country because they think that their money is safe and they didn't want create an bank to because it's needs more verication or paper works that you need if you want create a bank account.Bitcoins is very useful in every transaction because it does'nt need more paper works than real money.

bitcoin different from most real money. bitcoin not be controlled by anyone even when you're using bitcoin your identity will be confidential and would be more flexible different when you use real money usually will take the form of cash.

Agree with that big differences in real money if you have big amount of money and you want it to deposit in bank you need more requirements to open a bank account. In bitcoin no need your personal information to open an account. And easy to create just need an active email to make an account.

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Quote from: Kevin77 on March 03, 2017, 04:43:13 PM

Quote from: MONKEYJUNK on February 28, 2017, 05:25:03 PM

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

Risk is everywhere. Risk is also there if you use fiat money or real money instead of it but the fact is that if we see from the last 2 or 3 yearsor from the day it has developed to till now the price is keeps on increasing but if you use it only for investment purpose or trading purpose the bitcoin has no comparision with fiat. As it is important for daily life use because life is impossible without it.

Correct, there are risks on everything we do in our everyday life decisions, because we can't achieve victory if we are not going to take risk in our life. Bitcoin and real money do have a big difference, bitcoins price is not that fixed compared to the fiats price because of its fluctuation, in short, bitcoin is more valuable than fiat.

So, I would say that most of the people here preferred bitcoin than fiat, but for those people who didn't know about bitcoin, then obviously they would prefer fiat rather than bitcoin because earning bitcoin for them is complicated since they don't know about cryptocurrency.

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Quote from: Pattart on March 09, 2017, 09:11:54 PM

Quote from: jerowacik on March 09, 2017, 07:27:01 PM

the most contrasted the real money with bitcoin is price movement. bitcoin prices now moving up and down very quickly.
while the real money prices has not changed much.

I think compared to the currency of any country that has a rate that has not changed much or stable. bitcoin is more volatile and has a very high price. I do not know why bitcoin have very volatile prices

If you want to be a trader someday you should know why it's volatile, by looking at the difference between real money you can tell already that it's a different currency since it's decentralized. Because bitcoin is getting popular now, the demand also increases not only by the traders but those people who love to spend bitcoins whether they will use it in gambling or shopping online that helps for the circulation.

This volatility will continue and all users with different interest of holding bitcoins will be served and satisfied.

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Quote from: jerowacik on March 09, 2017, 07:27:01 PM

the most contrasted the real money with bitcoin is price movement. bitcoin prices now moving up and down very quickly.
while the real money prices has not changed much.

I think compared to the currency of any country that has a rate that has not changed much or stable. bitcoin is more volatile and has a very high price. I do not know why bitcoin have very volatile prices

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Quote from: jerowacik on March 09, 2017, 07:27:01 PM

the most contrasted the real money with bitcoin is price movement. bitcoin prices now moving up and down very quickly.
while the real money prices has not changed much.

Well being volatile is one of the feature of bitcoin that is why traders loving it, also it is decentralized as well so the price movement is clearly due to the supply and demand. While real money is controlled by the government, they can easily generate more bills if there is a shortage why with bitcoin the supply is limited only so if the demand increases that means money for the investors who holds it.

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the most contrasted the real money with bitcoin is price movement. bitcoin prices now moving up and down very quickly.
while the real money prices has not changed much.

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The diffrerence of bitcoin and money is its trading. In bitcoin you can only trade it onlone or the means of modeen technology. On the other hand money is a physical trading which means you have to bring this certain amount to buy a necessity or needs. It is both the means of giving out an amount but it differs in its process.

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Quote from: NEWGOODOUBLE on March 09, 2017, 06:46:33 PM

Quote from: Christian13 on March 09, 2017, 06:15:16 PM

Bitcoins are an electronic form of money while real money is kind of tangible money.Bitcoins are rarely used in any country because they think that their money is safe and they didn't want create an bank to because it's needs more verication or paper works that you need if you want create a bank account.Bitcoins is very useful in every transaction because it does'nt need more paper works than real money.

bitcoin different from most real money. bitcoin not be controlled by anyone even when you're using bitcoin your identity will be confidential and would be more flexible different when you use real money usually will take the form of cash.

I think bitcoin is one form of money. Because basically money :

"Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context] or is easily converted to such a form. (Wikipedia)"

and I think bitcoin can do all that, but bitcoin prices are volatile making it an advantage to be exploited.

I think the use of bitcoin is relative. For some people might be flexible but for some people who do not understand about bitcoin technology can be a tricky thing. Thank you

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Quote from: Christian13 on March 09, 2017, 06:15:16 PM

Bitcoins are an electronic form of money while real money is kind of tangible money.Bitcoins are rarely used in any country because they think that their money is safe and they didn't want create an bank to because it's needs more verication or paper works that you need if you want create a bank account.Bitcoins is very useful in every transaction because it does'nt need more paper works than real money.

bitcoin different from most real money. bitcoin not be controlled by anyone even when you're using bitcoin your identity will be confidential and would be more flexible different when you use real money usually will take the form of cash.

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Bitcoins are an electronic form of money while real money is kind of tangible money.Bitcoins are rarely used in any country because they think that their money is safe and they didn't want create an bank to because it's needs more verication or paper works that you need if you want create a bank account.Bitcoins is very useful in every transaction because it does'nt need more paper works than real money.

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Quote from: South Park on February 28, 2017, 03:50:05 PM

Quote from: Theb on February 26, 2017, 12:33:59 PM

Bitcoin has something the Fiat currency does not have and it is frequent volatility. Its one of the reason why you need to invest or not in Bitcoin, depending on your perspective. In volatility traders will automatically love it because they know when to buy and sell. But if it is not your type of risk them definitely Bitcoin investing is not for you.

Volatility exist on fiat too, but since there are so many fiats around the world sometimes we may not notice, countries that are in bad shape are the ones that suffer from the greatest volatility, and that affect their citizen on a profound way.

Yeah I think the main and the most prominent difference between both is that the use of both is for different purpose. You cannot use bitcoin for daily life use like real money. The mostly use of bitcoin is of investment trading and most of the people use it for earning rather than to use it for daily use.

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Quote from: delliaerd on March 03, 2017, 09:35:17 PM

Quote from: Kevin77 on March 03, 2017, 04:43:13 PM

Quote from: MONKEYJUNK on February 28, 2017, 05:25:03 PM

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

Risk is everywhere. Risk is also there if you use fiat money or real money instead of it but the fact is that if we see from the last 2 or 3 yearsor from the day it has developed to till now the price is keeps on increasing but if you use it only for investment purpose or trading purpose the bitcoin has no comparision with fiat. As it is important for daily life use because life is impossible without it.

bitcoin actually has more advantages compared to fiat, in use bitcoin is more practical for everyday life if all sellers accept bitcoin. although I hope that bitcoin transactions can be faster, in terms of speed transact face to face, fiat indeed faster if it does not need to give change. but in terms of strength, bitcoin is still superior to fiat. because no matter how bad the condition of the world economy will not be too adversely affected the price of bitcoin. although bitcoin is a new concept of currency, I think we should not hesitate to bitcoin.

Yes, I do not believe ever that bitcoin will be faster for everyday life. It is inconvenient to hold a credit card through the terminal, or to get out of his pocket and pay off kupyuru. And how many people in the world are able to enjoy all bitcoin or even work with him. There are people who have not mastered even the internet or because of other reasons bitcoin they simply not available. It is to this law that Bitcoin is the currency of a particular community of people and no more and no less.

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Quote from: Kevin77 on March 03, 2017, 04:43:13 PM

Quote from: MONKEYJUNK on February 28, 2017, 05:25:03 PM

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

Risk is everywhere. Risk is also there if you use fiat money or real money instead of it but the fact is that if we see from the last 2 or 3 yearsor from the day it has developed to till now the price is keeps on increasing but if you use it only for investment purpose or trading purpose the bitcoin has no comparision with fiat. As it is important for daily life use because life is impossible without it.

bitcoin actually has more advantages compared to fiat, in use bitcoin is more practical for everyday life if all sellers accept bitcoin. although I hope that bitcoin transactions can be faster, in terms of speed transact face to face, fiat indeed faster if it does not need to give change. but in terms of strength, bitcoin is still superior to fiat. because no matter how bad the condition of the world economy will not be too adversely affected the price of bitcoin. although bitcoin is a new concept of currency, I think we should not hesitate to bitcoin.

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Quote from: Kevin77 on March 03, 2017, 04:43:13 PM

Quote from: MONKEYJUNK on February 28, 2017, 05:25:03 PM

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

Risk is everywhere. Risk is also there if you use fiat money or real money instead of it but the fact is that if we see from the last 2 or 3 yearsor from the day it has developed to till now the price is keeps on increasing but if you use it only for investment purpose or trading purpose the bitcoin has no comparision with fiat. As it is important for daily life use because life is impossible without it.

Yah, bitcoin rising up faster than fiat as what i see. Life is a risk, we are here to risk our time via posting to earned money(bitcoin) Vice versa They are there to risk time in work also to earned ( Fiat). This days Bitcoin Become popular everyday lapsed, as what i see bitcoin can now spent on foods,shop, health payment and other stuff like what fiat for, fiat doesn't produce any faucet,miner like what bitcoin has, bitcoin are more convenient to used than fiat or real money (for me).

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Quote from: MONKEYJUNK on February 28, 2017, 05:25:03 PM

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

Risk is everywhere. Risk is also there if you use fiat money or real money instead of it but the fact is that if we see from the last 2 or 3 yearsor from the day it has developed to till now the price is keeps on increasing but if you use it only for investment purpose or trading purpose the bitcoin has no comparision with fiat. As it is important for daily life use because life is impossible without it.

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Quote from: Theb on March 03, 2017, 12:07:14 PM

Quote from: South Park on March 02, 2017, 03:12:39 PM

Quote from: Meuh6879 on February 27, 2017, 08:06:32 PM

Bitcoin is a store of value because it can operate without government.
Money don't.

You are thinking in fiat not in money, money used to be independent of governments, anyone with gold and silver could create their own coins out of those materials, but then the governments decided they were not trustable and created for themselves the monopoly of coinage, with the terrible consequences that has carried out.

Actually the government is just trying to protect their country's economy, what do you think will happen if a foreigner enters the country with a lot of gold and silver and decided to buy everything in that country? Of course it would be disastrous it will be a country owned by a foreigner who can control everything in it. Also a currency of a country os a reflection on how they are doing economically it is their indicator of success

That won't work out the way you think

If some dude found an unlimited source of gold, he still wouldn't be able to buy everything. How come? The reason is that money (even if it is gold) cannot buy everything. Money cannot buy power, for example, since power is not bought, it is taken (with force, not money). If this dude is wise, he might buy enough for himself and would try to work his way into power using his wealth (provided he wants that in the first place). But ultimately, how high he could climb would depend on his intelligence, surely not on how much gold he has

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