Is Bitcoin money? - page 151. | Bitcointalksearch.org

BitMaxz

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Quote from: carlerha on March 06, 2017, 06:38:43 PM

Quote from: Taki on March 06, 2017, 03:11:32 PM

Quote from: CEJ on March 06, 2017, 01:13:44 PM

I agree with the statement..bitcoin is a kind of money bt instead of liquid or paper cash it is in the form of computerized programs(i think so)...apart from this bitcoin cam be used to buy stuffs..so in a way it does have equal value to money

Bitcoin is money and no matter from which side to look on it's point. Yes, bitcoin has different form from that kind of money that we used to have all this time (gold/paper money), but you can use it the same way. Bitcoin is new and it has many things that makes it different from that kind of money that we used to use all this years (no inflation, decentralization). I think that makes people to afraid bitcoin somehow. But I'm sure with time bitcoin will have more and more users and it will stop to look so wired.

yes that is right to say that bitcoin is money. there is no doubt about this. we can use bitcoin in all over the world just like fiat currency and specially for online shopping and business bitcoin is the best option.

Also that is why we are here for bitcoin because we want to learn and earn bitcoin in order to use bitcoin to buy a service or product online or we scaling up and maybe if we are lucky to grow our bitcoin we can exchange bitcoin into high amount of value.. it is just gold or silver that has own value.. but different movement of the price.. it will be still things in the internet but if you exchange it turn into money.

carlerha

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Quote from: Taki on March 06, 2017, 03:11:32 PM

Quote from: CEJ on March 06, 2017, 01:13:44 PM

I agree with the statement..bitcoin is a kind of money bt instead of liquid or paper cash it is in the form of computerized programs(i think so)...apart from this bitcoin cam be used to buy stuffs..so in a way it does have equal value to money

Bitcoin is money and no matter from which side to look on it's point. Yes, bitcoin has different form from that kind of money that we used to have all this time (gold/paper money), but you can use it the same way. Bitcoin is new and it has many things that makes it different from that kind of money that we used to use all this years (no inflation, decentralization). I think that makes people to afraid bitcoin somehow. But I'm sure with time bitcoin will have more and more users and it will stop to look so wired.

yes that is right to say that bitcoin is money. there is no doubt about this. we can use bitcoin in all over the world just like fiat currency and specially for online shopping and business bitcoin is the best option.

jovs

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Quote from: chaord on September 21, 2010, 01:06:37 PM

I've said it before, but heck, I'll say it again because I think it's very important Wink

. I simply wish that there was some useful application specifically for a "network verified" bitcoin (since a bitcoin is just a piece of data). For example, if a PhD in Computer Science did a study and determined that a Bitcoin is the best seed value for a random number generator. I think when a use-value for bitcoin as an input to some productive cycle (software development?) is found, it will be a huge boon for the bitcoin community and also it's extrinsic exchange value.

Of course, adding businesses and such that accept bitcoin directly helps it's exchange value as well.

Bitcoin is like money. But it is not actually like fiat becuase it doesnt have physical bitcoin . But you can use bitcoin on transaction by the use of application wallet like coin.ph in this you can make transactions such as paying bills , buying load or even convert your bitcoin. So if you are thinking bitcoin is money , also think its characteristics.

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Yes of course bitcoin is money and anything that can be exchange to fiat cash is money, which can be use to buy on goods like food, gadgets, properties and for services like in shops of any types. Bitcoin money can be a source of fiat cash for your needs, which is also the same as earning from jobs you have on the country you are residing. It has more to do with the future of your life, you can use that for future projects in your home and also to invest a business as long you're hardworking for earning money.

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Quote from: Lecam on March 06, 2017, 03:56:30 PM

As i know when bitcoin launched in 2009 bitcoin is no value some told that bitcoin is scam and i think only some believe in bitcoin. So they are lucky now bitcoin is money if you got bitcoin in the year 2009 you are very rich now and you're a millionaire.

a lot of people who have hundreds or even millions of Bitcoin with no value at all In 2009, but they believe something that's unique and can continue to be produced will have value in future. And proved to be correct, bitcoin community managed to have its own trade market and become central exchange of all existing altcoin.

This is why bitcoin branded as a virtual currency is regarded as highly influential. Bitcoin reward will be exhausted in 2041 also gives effect people to have more demand, and will result in higher prices on a continuous basis.

jonnybravo0411

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Quote from: lionheart78 on March 06, 2017, 03:50:30 PM

Quote from: Rub3n on March 06, 2017, 02:57:04 PM

In The Netherlands court has decided it IS money. Get some!

I will follow in this decision. and of course, the creator won't fail to describe it as cryptoCurrency. So definitely Bitcoin is money. I won't play smarter than the creator/developer telling Bitcoin is not money Wink

. Aside from that we have seen the property of money being attached to Bitcoin and performing it well.

To be more precise, every user sees bitcoin what he needs. To whom this is an investment, for someone it is money, with the help of which it can buy something. I consider bitcoin as a commodity, through which I can get more real money. I do not have the capacity to save now. But I will try.

Lecam

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As i know when bitcoin launched in 2009 bitcoin is no value some told that bitcoin is scam and i think only some believe in bitcoin. So they are lucky now bitcoin is money if you got bitcoin in the year 2009 you are very rich now and you're a millionaire.

lionheart78

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Quote from: Rub3n on March 06, 2017, 02:57:04 PM

In The Netherlands court has decided it IS money. Get some!

I will follow in this decision. and of course, the creator won't fail to describe it as cryptoCurrency. So definitely Bitcoin is money. I won't play smarter than the creator/developer telling Bitcoin is not money Wink

. Aside from that we have seen the property of money being attached to Bitcoin and performing it well.

Taki

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Quote from: CEJ on March 06, 2017, 01:13:44 PM

I agree with the statement..bitcoin is a kind of money bt instead of liquid or paper cash it is in the form of computerized programs(i think so)...apart from this bitcoin cam be used to buy stuffs..so in a way it does have equal value to money

Bitcoin is money and no matter from which side to look on it's point. Yes, bitcoin has different form from that kind of money that we used to have all this time (gold/paper money), but you can use it the same way. Bitcoin is new and it has many things that makes it different from that kind of money that we used to use all this years (no inflation, decentralization). I think that makes people to afraid bitcoin somehow. But I'm sure with time bitcoin will have more and more users and it will stop to look so wired.

Rub3n

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In The Netherlands court has decided it IS money. Get some!

SHAWN-MIDWAYS

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Quote from: CEJ on March 06, 2017, 01:13:44 PM

I agree with the statement..bitcoin is a kind of money bt instead of liquid or paper cash it is in the form of computerized programs(i think so)...apart from this bitcoin cam be used to buy stuffs..so in a way it does have equal value to money

Indeed bitcoin is money because it has a value and can be used as a medium of exchange for goods and services!

Quote from: AdarshSonar on February 18, 2017, 12:28:17 PM

No it's not exactly a form of money but it's a digital value exchange medium which we know as cryptocurrency.

This sounds contradictory to what bitcoin is suppose to be Roll Eyes

DarkIT

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Quote from: Wowcoin on February 16, 2017, 05:03:37 AM

Bitcoin is money in a digital form and can be exchanged to fiat cash money. It can be sustainable source of income that could be use in spending for your needs and wants. More people even use btc for gambling online and they prefer using it rather than fiat currency.

Well, it can be said bitcoin is money on the internet, but most people regard it as a tool for gambling, or tools used for trading. but, it makes bitcoin higher popularity. Well, perhaps not maximized bitcoin used as currency.

CEJ

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I agree with the statement..bitcoin is a kind of money bt instead of liquid or paper cash it is in the form of computerized programs(i think so)...apart from this bitcoin cam be used to buy stuffs..so in a way it does have equal value to money

20kevin20

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Quote from: splitups on February 15, 2017, 04:58:50 PM

it's exchangeable for USD, it has value and people who are willing to Pay to get it, which is the exact definition of a currency in my book.
Money isn't necessarily banknotes or gold, Credit Cards, Gift Cards and PayPal already made that clear, BTC is something that has a certain value therefore money.

It's more of a commodity version of a currency. The impressive thing is the fact that it costs a thousand times more than the USD does, and the price goes even higher. It starts to get more popular in business, so we can really consider it's a currency.

AdarshSonar

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No it's not exactly a form of money but it's a digital value exchange medium which we know as cryptocurrency.

Altas

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Yes I do agree that bitcoin is a money. we can do transactions with this bitcoin. We also can buy things in online with the help of bitcoin.

SFL

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Yes i think bitcoin is virtual money through which you can do any transaction. But it is still unavailable in manh countries...

Wowcoin

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Bitcoin is money in a digital form and can be exchanged to fiat cash money. It can be sustainable source of income that could be use in spending for your needs and wants. More people even use btc for gambling online and they prefer using it rather than fiat currency.

Bitcoins09

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Yes Bitcoins very payment !

Meliodasama

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yes its just because bitcoin come from real money
but bitcoin i think just coin was stored at online
many people can claim bitcoin from faucet

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