Topic: Difference between Bitcoin and real money? - page 21. (Read 114814 times)
Bitcoin is called as cryptocurrency purposely created to be circulating only in the internet and the only thing that you can do to earn big from here is to have patience to hodl it while the price is rising until it can reach to tour set expected amount. Fiat money has no life to make it high in value unless is a nation's economy is at good hand. But it is a benefits for the nation not for your own.
the main difference is, bitcoin is digital and the other is not. but you can convert it somehow to an online asset.
Another is, bitcoin value or price is very volatile and it may go down and shoot up drastically, as opposed to say dollar money is pretty stable and doesn't change value much as digital currencies do.
Also transaction in sending bitcoins is much faster in comparison with real money.
Finally, you can also transact using bitcoin, at least in outlets where it is accepted.
But yes, bitcoin is a good investment
Another is, bitcoin value or price is very volatile and it may go down and shoot up drastically, as opposed to say dollar money is pretty stable and doesn't change value much as digital currencies do.
Also transaction in sending bitcoins is much faster in comparison with real money.
Finally, you can also transact using bitcoin, at least in outlets where it is accepted.
But yes, bitcoin is a good investment
Yeah, definitely that is one of the questions in my mind is why we should convert our money into Bitcoin, where converting it into Bitcoin will make a lot of risk and saves you time by not converting it.
But for me as an investors I want to put my money where it can grow and change it price/value over time, that is one of the reasons for me for changing my money in to Bitcoin and if the value of the Bitcoin goes high then it's like putting my money in the stock market that is how I see it.
But for me as an investors I want to put my money where it can grow and change it price/value over time, that is one of the reasons for me for changing my money in to Bitcoin and if the value of the Bitcoin goes high then it's like putting my money in the stock market that is how I see it.
well, bitcoin can offer anonimousity at the first place that real money can't offer online. all transactions made with the real money should be detailed and traceable unlike bitcoin it has so many features to offer and also it is widely used now adays in online transactions. but we should be careful in doing transactions using bitcoin as it is prone to scam.
Real money is a paper. It exists, you can touch it, you can do whatever you want with it. However, it's hard to stay anonymous when it comes to real cash. Bitcoin comes with this amazing feature, providing you anonymity and the freedom of choice. You can create as many accounts as you want if you want to "camouflage" yourself. It doesn't exist physically, but it does exist online and this is what technology is about.
Bitcoin is a digital money that is a handy transactional tool and also as a future investment of a constantly changing price will be the advantage of making many people interested in bitcoin. Real money can not be invested, or we keep for a long time.
Beda bitcoin with physical, physical money money using banks to save money. While specific applications using bitcoin wallet to store
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
If you're just going to transfer your bitcoin immediately for something else, then there isn't a difference between the two.
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
More anonymity, don't have to rely on banks, provable wealth on no obfustication of where the coins came from on the blockchain. The list goes on.
Bitcoin is a virtual currency.It doesn't exist in the kind of physical from that the currency and coin were used to exist while real money is used for payment in any goods and services.They have differences but still it helps you to use for your everyday needs and also for your future.
The first difference is of course that the bitcoin is digital and real money is not digital, another thing is that the bitcoin is globally and other currency's are not this at all.
physical money which is in paper or simple form, does have a physical form. Bitcoin is decentralized unlike the real currency concentrated by different governments. The main difference is appearance. Bitcoin is a digital currency which means it has no physical form because it is virtual
There are a lot of difference between real money and bitcoin, one of those difference is that bitcoin is much safer than real money because nobody can steal it from you specially when its secured but real money can be stolen by snatchers from you.
real money or fiat money is a currency backed by the government, its something you can keep physically, while bitcoin is a form of currency which you dont have to really carry around in physical form, its a complete digital currency.
If you take into account the advantages of bitcoins such as transferring anywhere in the world an infinitely high amount of money or the fact that the cue ball has the lowest commission, then the difference between cash is tangible, you will not lose the transfer and will be satisfied
For me the difference of Bitcoin and real money is that Bitcoin can grow Bitcoin value can increase as the time go by Bitcoin have a bigger value than a money because money cant go bigger value like if you have $100 dollar it cant go to be a huge value but in Bitcoin if you have 1 Bitcoin when you buy its value just starts at $4000 but it can go huge and bigger and bigger like it can turn up to $13000.
yes definitely bitcoin price rise time to time unlike real money they have fixed value
For me the difference of Bitcoin and real money is that Bitcoin can grow Bitcoin value can increase as the time go by Bitcoin have a bigger value than a money because money cant go bigger value like if you have $100 dollar it cant go to be a huge value but in Bitcoin if you have 1 Bitcoin when you buy its value just starts at $4000 but it can go huge and bigger and bigger like it can turn up to $13000.
Bitcoin is tax free but Real money is not tax free.Bitcoin can't be use in every shop or markets.But real money is eligible in every shops and markets.If we transfer bitcoin it's untraceable but real money transfer is traceable.Real money will never die or banned but bitcoin can be banned or vanished.
There are many differences of bitcoin and real money.. bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.
Bitcoin is a digital currency where you can use it anywhere. Not literally anywhere but it can be converted into cash from you wallet anytime. Money is a currency where you can only pay through face to face transaction or even through banks.
The similarity is that crypto currency is the same currency, which in some countries can already be paid, you can transfer from one purse to another and invest it in another asset. And the difference is that not all countries have adopted crypto currency as a means of payment and this currency is difficult to identify
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Bitcoins is very profitable because of the markets volatility, the different between fiat and bitcoins is that, there are a lot of invests who are coming in the market each day and because of that, the value of bitcoins is keep on increasing while real money needs to be placed on the bank in order for it to grow.
definitely if you hold bitcoins then maybe tomorrow you'll have more unlike real money you only have what you have
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Bitcoins is very profitable because of the markets volatility, the different between fiat and bitcoins is that, there are a lot of invests who are coming in the market each day and because of that, the value of bitcoins is keep on increasing while real money needs to be placed on the bank in order for it to grow.
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