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Topic: Is Bitcoin money? - page 80. (Read 112173 times)

legendary
Activity: 1036
Merit: 1002
September 20, 2017, 06:56:05 PM
Of course Bitcoin is money,it is the cyber gold, it represents the value, that's why we all hold onto it.
It is tue you can convert bitcoin inyo fiat whenever you want whenver you are bitcoin bitcoin is Everywhere nowadays lud technology so soon will be implemented with bitcoin that everyone will have interest to use it to buy online and other things.
hero member
Activity: 770
Merit: 500
September 20, 2017, 06:49:21 PM
Of course Bitcoin is money,it is the cyber gold, it represents the value, that's why we all hold onto it.
yes there is no doubt about it that bitcoin is money, as we can use it in many places just like fiat currency for shopping and so many other purposes. for example in Brazil there are a lot of shops where the shopkeeper are accepting bitcoin, i am sure that very soon we will be able to use bitcoin for shopping in all over the with even from our local shops.
hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
September 20, 2017, 06:24:27 PM
Is Bitcoin money? is a digital currency that can only be found on the internet. This digital currency has a fantastic price and is the best digital money until now or even 10 years. you will be very lucky to have Bitcoin because Bitcoin is very profitable if invested in the long-term.

nowadays bitcoin not only found on Internet. bitcoin expanded into real world not only found in Internet, we can use bitcoin in larger range. in some countries there is available bitcoin atm which we can use so bitcoin is not only limited in internet
sr. member
Activity: 424
Merit: 250
September 20, 2017, 06:17:35 PM
Is Bitcoin money? is a digital currency that can only be found on the internet. This digital currency has a fantastic price and is the best digital money until now or even 10 years. you will be very lucky to have Bitcoin because Bitcoin is very profitable if invested in the long-term.
sr. member
Activity: 756
Merit: 268
September 20, 2017, 05:29:29 PM
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.

+1 agreed.  It's a commodity, a digital store of value.

I also think that bitcoin is money because you can use bitcoin to buy stuffs and to pay bills that's why many people are using bitcoin as a source of income because it is a good way to earn money and use it as a transaction. I believe that one day bitcoin will be the new global currency and it will be used by everyone in the world in the near future.
newbie
Activity: 28
Merit: 0
September 20, 2017, 01:28:00 PM
Bitcoin is a money because it can be exchanged...& the value is the highest than any other currency...Though it has no form or shape
full member
Activity: 414
Merit: 100
September 20, 2017, 01:26:09 PM
I think bitcoin is virtue money and only exist in the digital world.bit coin has many advantage,quickly,easily,anytime and anywhere you can do transactions.bitcoin already accept as means of payment,it is not same money but you can pay some payment.you can buy something with bitcoin.and most important thinks you can earn with bitcoin.money make money Grin
sr. member
Activity: 392
Merit: 250
September 20, 2017, 01:15:04 PM
never think that bitcoin is money, or a tool in exchange, because you will lose money when you use it as money, make bitcoin as an investment in the future will give you an advantage.
Yeah mate I agree with your statement, our success in bitcoin depends on how we see bitcoin, if we see bitcoin as money then as you said we will lose them, but if we look at bitcoin as an investment then we will benefit our future
sr. member
Activity: 504
Merit: 250
September 20, 2017, 01:02:18 PM
never think that bitcoin is money, or a tool in exchange, because you will lose money when you use it as money, make bitcoin as an investment in the future will give you an advantage.
hero member
Activity: 835
Merit: 502
September 20, 2017, 11:49:48 AM
I think bitcoin money. Because bitcoin provide one of the main money's target - universal equivalent for exchange between people for goods and services.
member
Activity: 186
Merit: 10
September 20, 2017, 01:51:55 AM
Bitcoin is a new kind of money because it is stated there that "money is use as a medium of exchange" and since bitcoin is used in some exchanging transaction, we can consider bitcoin also as a money though it is not common in other countries.
hero member
Activity: 686
Merit: 500
September 20, 2017, 01:31:55 AM
Yes,bitcoin was early used as a currency when its price was very low.People used bitcoins to buy products and to pay for services.At that time,they were unaware of bitcoin's potential.But now,since its price has increased very high,people now started to treat it as a valuable return giving investment and they just don't want to spend it to buy any products which could be bought just with the fiat money.
full member
Activity: 714
Merit: 101
This Is Promissing Project
September 19, 2017, 11:40:28 PM
Clearly, bitcoin is money, money is a valuable means of exchange, whereas bitcoin also has value, in fact I think it is currently highest among other currencies in any country, but bitcoin is a digital currency that has no shape and form.
newbie
Activity: 33
Merit: 0
September 19, 2017, 11:14:52 PM
It is not money. It's digital currency. And it's also a artificial money as we usually call.
hero member
Activity: 1078
Merit: 501
September 19, 2017, 11:09:52 PM
even better than money, we all know that money has many weaknesses, bitcoin looks perfect so I'm sure bitcoin is better than money.
really Bitcoin is better than money, how to get even better Bitcoin than money. money must work real, Bitcoin works online.
Agree, we can just convert the bitcoin into fiat to use it anywhere we wanted. Bitcoin just can be use online unlike money that we can use anywhere we wanted. I like how bitcoin works and maybe I still wanted bitcoin even if it is still the same in the future. We can still buy online using bitcoin but we cannot use bitcoin personally to stores. But for me it is still good as it is.
hero member
Activity: 896
Merit: 500
September 19, 2017, 11:01:59 PM
Of course Bitcoin is money,it is the cyber gold, it represents the value, that's why we all hold onto it.
Yeah I totally agree with you, Bitcoin is a "GOLD" in the future, this is will be
a assets for us, also I think Bitcoin can will be a great money to buy some products in Internet.
sr. member
Activity: 1288
Merit: 253
September 19, 2017, 10:52:32 PM
Bitcoin is the most successful virtual currency in history, unfortunately the majority of countries do not want to acknowledge legally because of its unstable nature, I have confidence that decentralization will continue to bring price volatility, especially in the crypto market.

Supposedly many Japanese crypto experts are involved and explain their regulatory system in this forum because they consider the bitcoin legal and equivalent to the yen, but it still seems not transparent globally.
sr. member
Activity: 294
Merit: 250
September 19, 2017, 10:51:43 PM
Of course Bitcoin is money,it is the cyber gold, it represents the value, that's why we all hold onto it.

the valuebof of bitcoin came from everyone who buy bitcoin in other word they put their money and change it to bitcoin. they buy some amount of bitcoin and giving trust that their money is equal with amounts of bitcoin they have been bought. Bitcoin made as cryptocurrency that people believe that it is has a value although the value came from themselves by putting their money into bitcoin.
hero member
Activity: 551
Merit: 500
September 19, 2017, 10:43:37 PM
Of course Bitcoin is money,it is the cyber gold, it represents the value, that's why we all hold onto it.
full member
Activity: 756
Merit: 103
September 19, 2017, 10:41:58 PM
Yes, Bitcoin is money not a paper as we see can exchange for local currency at any time. This is a new type of Digital money where we can use for betting, gambling etc.
In these days we see lot of online shops accepting Bitcoins to sell their goods.
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