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Topic: Difference between Bitcoin and real money? - page 52. (Read 114883 times)

full member
Activity: 224
Merit: 100
December 11, 2017, 06:55:34 AM
   Bitcoin is not real money, it has some advantages and disadvantages as well. Best advantage is a price as for me, look at the past, bitcoin exists 8 years and price is always grows, so why would you not multiply your dollars by it? Have you seen any gamble you can get profit from by 9 years? Well except if you are cheater
hero member
Activity: 2590
Merit: 644
December 11, 2017, 06:45:47 AM
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?

In order to be able to give up a small amount of money and you will make big money. That is why you should invest money in bitcoin, other real money bitcoin in value. The value of bitcoin is higher than cash and bitcoin is a kind of money regardless of bank or government, so I think bitcoin is really better than real money.
Bitcoin is just better than the real money in the type of being an investment but after that then real money is still better than bitcoin, we need to accept that. Real money doesn't need fee because you don't need to execute a transaction and wait for a confirmation because once you pay your items at the cashier then there will be no fee and it will be instant which is convenient for day to day basis.
full member
Activity: 308
Merit: 101
December 11, 2017, 06:29:56 AM
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?

In order to be able to give up a small amount of money and you will make big money. That is why you should invest money in bitcoin, other real money bitcoin in value. The value of bitcoin is higher than cash and bitcoin is a kind of money regardless of bank or government, so I think bitcoin is really better than real money.
member
Activity: 336
Merit: 10
December 11, 2017, 06:26:35 AM
The difference between bitcoin and real money?for me bitcoin is the best than money because if bitcoin is become a payment system no one can get your bitcoin if your money is you use is a thief can get easily get your money
full member
Activity: 510
Merit: 102
December 11, 2017, 04:51:31 AM
They are both currency in common but it only happens that bitcoins is increasing its value periodically while fiat is not unless you place it on the time deposit inside the bank. That's also the reason why bitcoins is better than fiat.
Yes, they are both currency but the big difference is that Bitcoin is a virtual currency while the real money is a real currency. You cannot use bitcoin without internet since it system will need of internet connection in every transaction but the real money can buy anywhere in the corner.
full member
Activity: 448
Merit: 100
Lets Go Adab
December 11, 2017, 04:43:41 AM
They are both currency in common but it only happens that bitcoins is increasing its value periodically while fiat is not unless you place it on the time deposit inside the bank. That's also the reason why bitcoins is better than fiat.
newbie
Activity: 53
Merit: 0
December 11, 2017, 04:39:19 AM
Bitcoin is a digital currency which can be use online for transactions without necessarily coming in contact with the trading party physically while real money is mostly use physically
full member
Activity: 268
Merit: 100
December 11, 2017, 04:33:32 AM
Well, the two of them are still money, with the difference is that cryptocurrency like the bitcoin is digital and can change value through time which is unpredictable, while real physical money is what we use everyday.

People view bitcoins as a way to earn money by investing with real money with a risk, while some view it as a way to make online transactions and transfer big amount of cash easier.
member
Activity: 308
Merit: 14
December 11, 2017, 04:29:43 AM
The  major different between bitcoin and real money, is digital currency, which can solely accessible online through internet, without internet you can't access it, but real money you can torch, fell, and real money is widely accepted in their various home country, while bitcoin solely accepted after conversion to home currency, before it can be use.
full member
Activity: 346
Merit: 103
December 11, 2017, 04:26:57 AM
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?


For me based on my observation, the primary difference between bitcoin and real money is that they do noy use in the same platform in which they are both different characteristics. Real money is being used in real world ofcourse as a currency while the bitcoin is used digitally currency such in buying online, working online and earning online.
sr. member
Activity: 411
Merit: 335
December 11, 2017, 04:24:20 AM
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?


There are many differents between the two, the real money and the bitcoin. But for me the main difference between the two is that real money is the only currency we are using as of today and I think it will never be change or replaced by bitcoin yet bitcoin is the currency we use ditigal and somehow will be in digital only and continuously will take progress.
newbie
Activity: 14
Merit: 0
December 11, 2017, 04:09:25 AM
They are both a currency. The difference is that bitcoin only exist because it needs internet access. Unlike real money that can be available online or offline.
sr. member
Activity: 924
Merit: 275
December 11, 2017, 03:44:15 AM
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?

There are many difference between bitcoin and fiat money. Bitcoin is a digital currency that you can only access it by using internet while fiat money is the money that we can see in our daily lives. Fiat money is the money that is tangible.
member
Activity: 168
Merit: 10
December 11, 2017, 03:41:01 AM
I would say real money keep they value constant way too much, while Bitcoin doesn't, today you have 1 $ in your pocket, the next day you are a milionaire.
full member
Activity: 445
Merit: 100
December 11, 2017, 03:37:11 AM
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?

It is the form which is the difference between real currency and Bitcoin and also on its function. Bitcoin is a digital curremcy which means that it doesn"t have a physical form unlike real currencies like dollars and the likes. Also real currency is centralized which is unlike Bitcoin that is decentralized.
member
Activity: 183
Merit: 10
December 11, 2017, 03:34:13 AM
If you invest your own currency into bitcoin, your money will be big because Bitcoin has a big value. You can change you Bitcoin into real money. Bitcoin is a famous digital currency and it's different from real money. You can only transact the money through online and it's a fastest way to transfer money to another account or country.
newbie
Activity: 67
Merit: 0
December 11, 2017, 03:22:48 AM
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?


Frankly speaking, Bitcoin is not a way to minimize tax but to facilitate money in digital world. You can convert your money to any currency. World is emerging and no need any currency controlled by anybody. Thats why bitcoin or other coins will keep growing.
member
Activity: 100
Merit: 13
Work smart, Play hard
December 11, 2017, 02:48:37 AM
Bitcoin is a digital currency which uses blockchain for transactions. So if we were to compare security wise, cryptocurrency is definitely a lot safer compared to cash dealings.
sr. member
Activity: 734
Merit: 250
December 09, 2017, 05:34:41 PM
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?

of all your questions I think the answer you are still hesitant in investing in bitcoin I suggest you analyze more read and predict yourself whether sure your investment will be successful or its result will be nil then next up you will go forward what backwards
Really your point is good that there is no need of registration, age and no restriction. A simple thing you need is that access to the internet. Bitcoin is fast in processing on the other hand you need of bank for store money. There is too much time spent in processing. Taxes are applied on real money. Bitcoin is independent of all taxes. There no other person or party involve in your transaction. In fact Bitcoin has many big advantages over the physical money.
full member
Activity: 420
Merit: 100
December 09, 2017, 01:19:22 PM
There is a big difference between the bitcoin and real money. First bitcoin is more convenient to use since you can enter to a transaction without paper works,
less manual procedures and time saver. Another thing bitcoin provides immunity against the threat of inflation which does not the real money have.
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