Is Bitcoin money? - page 120. | Bitcointalksearch.org

Lecam

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Quote from: lol3c on May 08, 2017, 06:30:17 AM

Quote from: fikihafana on May 05, 2017, 08:15:32 AM

in a short words yes bitcoin is a money Cheesy

, in other words bitcoin is more than money

That is true. Bitcoin is more than money. Bitcoin is a revolution, a new technology and a type of long term investment. I dont know why there are still many people ignore the benefits of Bitcoin

Bitcoin is a digital money which can be used by everyone in buying or purchasing online. You can also use it to invest, it can be trade to altcoins, and can be used to gamble online. Bitcoin is money, but not just money, it can also become the fruit of your income. Yes, you can earn if you have the knowledge of manipulating your bitcoin in a different ways. Even in holding your bitcoin you can earn profit if its price will rise. Trading is the best way of earning bitcoin so if you have lots of it, you can do that.

Bunsomjelican

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Yes, for me bitcoin is money because I can convert it into a real cash/money. All my expenses was came from bitcoin, in my daily routine in life. As in all my billings payment came from bitcoin so thanks to bitcoin that I found it.

Ekanenf

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Quote from: hugolp on September 23, 2010, 12:01:19 AM

Quote from: theymos on September 21, 2010, 12:50:17 PM

Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

Bingo!

Well, the term money is right, but we have to be more specific about this, because there is a lot of money, like the fiat, that we use in the real world and the virtual money that we are using in the internet to buy stuffs and so on which is called cryptocurrencies. The term "Money" is the fiat, because it is the term that we are used on calling the currency that we are using in our everyday lives.

xiboothrezi

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bitcoin more than money, bitcoin is commodity, bitcoin is great investation

MintCondition

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Quote from: SHAWN-MIDWAYS on May 09, 2017, 03:52:58 AM

Quote from: Farma on May 09, 2017, 03:41:34 AM

Quote from: bitcoinstress on May 09, 2017, 03:17:52 AM

No matter how other people think for me bitcoin is money even though it is a kind of virtual currency which can be used only in online.

Bitcoin is money, but most people also use it as an investment tool, especially for moments like this. See the rapidly rising bitcoin price development, making people see bitcoin as a more profitable investment tool, rather than seeing it as money.

Very true, Bitcoin has become more than just money
that is why it has grown to be popular as it accommodates every bodies needs from using it as a trading asset, to a form of long or short term investment tool, some use its technology but it will remain as digital money as its popular form.

It is more than a money. Bitcoin can be a good source of income since it does not requires a lot of knowledge, we just need some time and understanding a little of trading and investing. To be able to success here we must learn to make research in every transactions we will be making and we should do extra care on our details and information to avoid getting hacked.We can make money thru bitcoin we just need to work for it.

SHAWN-MIDWAYS

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Quote from: Farma on May 09, 2017, 03:41:34 AM

Quote from: bitcoinstress on May 09, 2017, 03:17:52 AM

No matter how other people think for me bitcoin is money even though it is a kind of virtual currency which can be used only in online.

Bitcoin is money, but most people also use it as an investment tool, especially for moments like this. See the rapidly rising bitcoin price development, making people see bitcoin as a more profitable investment tool, rather than seeing it as money.

Very true, Bitcoin has become more than just money
that is why it has grown to be popular as it accommodates every bodies needs from using it as a trading asset, to a form of long or short term investment tool, some use its technology but it will remain as digital money as its popular form.

Farma

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Quote from: bitcoinstress on May 09, 2017, 03:17:52 AM

No matter how other people think for me bitcoin is money even though it is a kind of virtual currency which can be used only in online.

Bitcoin is money, but most people also use it as an investment tool, especially for moments like this. See the rapidly rising bitcoin price development, making people see bitcoin as a more profitable investment tool, rather than seeing it as money.

bitcoinstress

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No matter how other people think for me bitcoin is money even though it is a kind of virtual currency which can be used only in online.

Azkabal

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Oh, maybe this is not money in full, but it fulfills the function of money, cause we can use bitcoin for buing and selling. So, I think that it can be called a full currency.

nachius

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Quote from: Jemzx00 on May 08, 2017, 12:58:25 PM

Quote from: Meowth05 on May 08, 2017, 12:49:24 PM

Quote from: kiba on September 21, 2010, 12:53:39 PM

Quote from: theymos on September 21, 2010, 12:50:17 PM

Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

Yes. It doesn't matter what nation-states think bitcoin is.

All we're doing is saying bitcoin as something else other than its economic reality.

Yes this is really a great opportunities to many people who want to invest in bitcoin but many people have panic because of the rapidly increasing price so bitcoin so they think that they need to invest right now.

Bitcoin is just like other altcoin that can has pump and dump process in price just like any other things like gold, fiat money etc,. in market. Just as Theymos said bitcoin is money too. But unlike any other things bitcoins pumps very often and has been steadily increasing for the past years and experts are saying that bitcoin's price will increase upto 2000-2500$ at the end of the year.

Nothing ever pumps forever, and never dumps. If it does, it's not a pump and dump. Bitcoin has genuine value, and large spikes in the price cannot be compared to a pump and dump.

Jemzx00

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Quote from: Meowth05 on May 08, 2017, 12:49:24 PM

Quote from: kiba on September 21, 2010, 12:53:39 PM

Quote from: theymos on September 21, 2010, 12:50:17 PM

Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

Yes. It doesn't matter what nation-states think bitcoin is.

All we're doing is saying bitcoin as something else other than its economic reality.

Yes this is really a great opportunities to many people who want to invest in bitcoin but many people have panic because of the rapidly increasing price so bitcoin so they think that they need to invest right now.

Bitcoin is just like other altcoin that can has pump and dump process in price just like any other things like gold, fiat money etc,. in market. Just as Theymos said bitcoin is money too. But unlike any other things bitcoins pumps very often and has been steadily increasing for the past years and experts are saying that bitcoin's price will increase upto 2000-2500$ at the end of the year.

Rinder

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Yesterday i asked a developer, that looks doesnt know at all what is bitcoin, and his words were it will worth 0,10 dollars into 2-3 years, i had almost said a lot of things about what he dont know about, but well. But atleas he knows it worths money, soo i do use bitcoin the same way i do use fiat saving, as well investing it.

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Quote from: kiba on September 21, 2010, 12:53:39 PM

Quote from: theymos on September 21, 2010, 12:50:17 PM

Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

Yes. It doesn't matter what nation-states think bitcoin is.

All we're doing is saying bitcoin as something else other than its economic reality.

Yes this is really a great opportunities to many people who want to invest in bitcoin but many people have panic because of the rapidly increasing price so bitcoin so they think that they need to invest right now.

youdacapt

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Quote from: lol3c on May 08, 2017, 06:30:17 AM

Quote from: fikihafana on May 05, 2017, 08:15:32 AM

in a short words yes bitcoin is a money Cheesy

, in other words bitcoin is more than money

That is true. Bitcoin is more than money. Bitcoin is a revolution, a new technology and a type of long term investment. I dont know why there are still many people ignore the benefits of Bitcoin

Because bitcoin requires considerable understanding of the environment or community, many people dare not speculate on this because majority of countries do not consider it legal. Knowing that there is no state role in bitcoin makes many people less likely to be uninterested. As we know today bitcoin prices are already very high as a currency entity, maybe this is the turning point for introducing bitcoin more broadly.

lol3c

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Quote from: fikihafana on May 05, 2017, 08:15:32 AM

in a short words yes bitcoin is a money Cheesy

, in other words bitcoin is more than money

That is true. Bitcoin is more than money. Bitcoin is a revolution, a new technology and a type of long term investment. I dont know why there are still many people ignore the benefits of Bitcoin

Straux

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To me, bitcoin isn't a money. It's an asset. I don't like to see bitcoin as a currency that will easily be traded and is good at it. It's not. Trading cash and the like is totally free and requires no internet connection.

Bitcoin is more like gold. It's good at being a nice way to save your money, but not good at being traded 24/7, in public and private.

Harlot

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Quote from: Betwrong on May 08, 2017, 03:49:58 AM

Quote from: Kasabus on May 08, 2017, 03:24:47 AM

Quote from: DoublerHunter on May 08, 2017, 02:46:13 AM

Quote from: TechnoMusic on May 06, 2017, 03:15:32 PM

Yea,bitcoin is money but it is not like other kinds of money.Bitcoin is crypto currency internet money which you can see only online on internet and not like thing which you can touch.You can buy bitcoin in bitkonan and sell also and you can keep your bitcoins in bitkonan wallet and wait them until they grow.

Bitcoin is not that ordinary money or currency because bitcoin is so powerful and advanced in terms of being a currency. Bitcoin is the new type of currency and a lot of people using it right now and keep buying it from different sites. I didn't hear that name bithokan but i think it is an online site and i don't think it is good to keep your bitcoins there for a long time because it is too risky for you to risk your money and the hackers might steal your bitcoins.

I love bitcoin and I can consider myself as ordinary person, for me it's not hard to understand bitcoin if it can help you.
Maybe people are more incline with the conventional way even if they can be help with the new system, they are hesitant to try.
For me, bitcoin is revolutionary, it will help the financial system more successful due to fast transaction.

Unfortunately transactions are not always fast these days. For example the Average Confirmation Time in the last 180 days ranges from 20 minutes to 150 minutes, and sometimes one have to wait over 24 hours for the first confirmation.

Bitcoin is better than money to me in many regards, but we have to admit that transactions are not as fast as we want them to be.

Yes but Bitcoin transaction times are not a way to define if Bitcoin is a money or not. And they are right about online sitws accepting Bitcoin as a mode of payment because even Businesses look at Bitcoin with something of more value compared to Fiat currency or they just like the fact that they are opening up to new customers who prefers to transact online with Bitcoin. Although some countries don't recognize Bitcoin as a currency it never stopped their citizen to use it in their daily lives.

nmaryrai

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Quote

Unfortunately transactions are not always fast these days. For example the Average Confirmation Time in the last 180 days ranges from 20 minutes to 150 minutes, and sometimes one have to wait over 24 hours for the first confirmation.

Bitcoin is better than money to me in many regards, but we have to admit that transactions are not as fast as we want them to be.

Yes, today bitcoin confirmation becomes progressively longer. And that's just the lack of bitcoin. Though in modern times, speed is also very reliable. The rest, bitcoin is money also future assets.

Betwrong

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Quote from: Kasabus on May 08, 2017, 03:24:47 AM

Quote from: DoublerHunter on May 08, 2017, 02:46:13 AM

Quote from: TechnoMusic on May 06, 2017, 03:15:32 PM

Yea,bitcoin is money but it is not like other kinds of money.Bitcoin is crypto currency internet money which you can see only online on internet and not like thing which you can touch.You can buy bitcoin in bitkonan and sell also and you can keep your bitcoins in bitkonan wallet and wait them until they grow.

Bitcoin is not that ordinary money or currency because bitcoin is so powerful and advanced in terms of being a currency. Bitcoin is the new type of currency and a lot of people using it right now and keep buying it from different sites. I didn't hear that name bithokan but i think it is an online site and i don't think it is good to keep your bitcoins there for a long time because it is too risky for you to risk your money and the hackers might steal your bitcoins.

I love bitcoin and I can consider myself as ordinary person, for me it's not hard to understand bitcoin if it can help you.
Maybe people are more incline with the conventional way even if they can be help with the new system, they are hesitant to try.
For me, bitcoin is revolutionary, it will help the financial system more successful due to fast transaction.

Unfortunately transactions are not always fast these days. For example the Average Confirmation Time in the last 180 days ranges from 20 minutes to 150 minutes, and sometimes one have to wait over 24 hours for the first confirmation.

Bitcoin is better than money to me in many regards, but we have to admit that transactions are not as fast as we want them to be.

Kasabus

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Quote from: DoublerHunter on May 08, 2017, 02:46:13 AM

Quote from: TechnoMusic on May 06, 2017, 03:15:32 PM

Yea,bitcoin is money but it is not like other kinds of money.Bitcoin is crypto currency internet money which you can see only online on internet and not like thing which you can touch.You can buy bitcoin in bitkonan and sell also and you can keep your bitcoins in bitkonan wallet and wait them until they grow.

Bitcoin is not that ordinary money or currency because bitcoin is so powerful and advanced in terms of being a currency. Bitcoin is the new type of currency and a lot of people using it right now and keep buying it from different sites. I didn't hear that name bithokan but i think it is an online site and i don't think it is good to keep your bitcoins there for a long time because it is too risky for you to risk your money and the hackers might steal your bitcoins.

I love bitcoin and I can consider myself as ordinary person, for me it's not hard to understand bitcoin if it can help you.
Maybe people are more incline with the conventional way even if they can be help with the new system, they are hesitant to try.
For me, bitcoin is revolutionary, it will help the financial system more successful due to fast transaction.

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