Is Bitcoin 'real money' to you? - page 26.

Luqman

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Quote from: Brian Dean on January 22, 2016, 01:34:49 AM

I am starting to feel more comfortable with Bitcoin compared to PayPal transactions.

Hopefully the price rises and I get some profit from what I bought.

Welcome to crypto world, enjoy the lower fee at your transaction than using Western union or Paypal.. Call it freedom

nerFohanzo

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Quote from: knowhow on January 21, 2016, 12:49:18 PM

Bitcoin is worthing 400 dollars a bit above it ,soo a thing or something that has worth is money atleast as i know,the thing is we dont have yet a market to spend our bitcoins ,we will see bitcoin growing slow on the next years or maybe boom,the thing is if shops ,markets must allow to pay with bitcoin as soon as they allow people will come to bitcoin.Atleast to save some money montly.

Yeah we need more merchants that accepts bitcoin as a mode of payment, then only bitcoin will hit the mainstream and become more stable, but looking at the present scenario, it might take decade in third world countries, as they are not aware about the bitcoins, at a moment bitcoin is taking care of my basic expenses, so it is real money for me, and I wish bitcoin gets widely used and widely accepted across the globe.

blazsqd

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for me yes, yes its real money. it's just digital, not held physically like a paper dollar.

umaOuma

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Quote from: Brian Dean on January 22, 2016, 01:34:49 AM

I am starting to feel more comfortable with Bitcoin compared to PayPal transactions.

Hopefully the price rises and I get some profit from what I bought.

Bitcoin is always better then paypal transactions as paypal has heavy transaction fees and bitcoin is very cheap and fast, and I convert my bitcoin to fiat currency so bitcoin becomes real to me as I can buy goods online, convert it to fiat and even transfer it to my bank account in fraction of minutes.

danherbias07

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Leading Crypto Sports Betting & Casino Platform

Quote from: Brian Dean on January 22, 2016, 01:34:49 AM

I am starting to feel more comfortable with Bitcoin compared to PayPal transactions.

Hopefully the price rises and I get some profit from what I bought.

And you can do more transactions if you get more profit. Great thing is it is moving really great. It like a temperature where it rises and falls. Just be sure your on the right spot when that happens.

rickadone

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Quote from: Whosdaddy on January 19, 2016, 02:35:53 AM

Quote from: davinchi on January 19, 2016, 02:33:06 AM

Quote from: nebuzen on January 19, 2016, 01:38:59 AM

According to Wikipedia, "Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form."

So I don't know what you mean by "real money." But since you can use Bitcoins to perform payments for goods and services and repayment of debts, I would consider it "real money."

But the purpose of this thread is to share the present status of bitcoin ecosystem in your county/city which allows you to use bitcoin as real money or not.

Secondly some bitcoiners, view bitcoins as investment and saving bitcoins even they are having many opportunities to use bitcoin as real money.

Yes, bitcoin can be a real money or an investment based on your view, amount of holding bitcoins and bitcoin payment adoption in your city.

In our city it will take some time to get established, as there are minimum people know about it. Uneducated did not even hear its name. And about the value of bitcoin, it is currently widely used as investment to increase his/her fiat with the increasing value of bitcoin.
So, for me bitcoin is still investment.

Brian Dean

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I am starting to feel more comfortable with Bitcoin compared to PayPal transactions.

Hopefully the price rises and I get some profit from what I bought.

ajun96

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Quote from: OrangeII on January 21, 2016, 12:17:51 PM

Quote from: Ya-ing on January 21, 2016, 11:35:13 AM

Well, it is real money for me. But the fact it isn't real money for everybody in the planet makes I risk it a little more than regular fiat.

you're just like me, me, all of which have value is something real, not just because the price is high but bitcoin is a very great work of art, this is so real to me Grin

because they do not know about bitcoin, litecoin has not spread in their area so it can not be accepted bitcoin their environment.

foxbitcoin

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Quote from: Luqman on January 21, 2016, 10:54:58 PM

Quote from: Amph on January 21, 2016, 03:38:54 AM

Quote from: Luqman on January 21, 2016, 03:26:53 AM

Quote from: Amph on January 19, 2016, 06:44:27 AM

Quote from: Luqman on January 19, 2016, 05:20:32 AM

No, because I cant use it to pay something in my local region yet.. I hope soon there some shop in my region accepting bitcoin.

you can use it online, come on, anyone on this planet, minus third world have access to internet, there is really no excuse anymore to use bitcoin

i think people are more scared to lose their money when they buy bitcoin, that's the real reason, they still see it as an asset for investment, when bitcoin is more of a young currency

But it will takes much fees if use it for online thing, because I have to pay extra for shipping. That will cost much from my wallet.

well that is true for fiat also, so what's your point there? usually when you buy online you have fat better choice than with phisical shop

To be honest, I dont really like buying outside my country, it will take much fee. I would rather buying with fiat on online shop that cited in my country.

It was explained by above comments. I could pay many products using btc, like domain, gift cards, host etc. I could use btc to donate to charity as well, receive some incomes in btc for the online jobs.

Luqman

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Quote from: Amph on January 21, 2016, 03:38:54 AM

Quote from: Luqman on January 21, 2016, 03:26:53 AM

Quote from: Amph on January 19, 2016, 06:44:27 AM

Quote from: Luqman on January 19, 2016, 05:20:32 AM

No, because I cant use it to pay something in my local region yet.. I hope soon there some shop in my region accepting bitcoin.

you can use it online, come on, anyone on this planet, minus third world have access to internet, there is really no excuse anymore to use bitcoin

i think people are more scared to lose their money when they buy bitcoin, that's the real reason, they still see it as an asset for investment, when bitcoin is more of a young currency

But it will takes much fees if use it for online thing, because I have to pay extra for shipping. That will cost much from my wallet.

well that is true for fiat also, so what's your point there? usually when you buy online you have fat better choice than with phisical shop

To be honest, I dont really like buying outside my country, it will take much fee. I would rather buying with fiat on online shop that cited in my country.

Luqman

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Quote from: Newcoins2020 on January 21, 2016, 03:32:59 AM

Quote from: Luqman on January 21, 2016, 03:26:53 AM

Quote from: Amph on January 19, 2016, 06:44:27 AM

Quote from: Luqman on January 19, 2016, 05:20:32 AM

No, because I cant use it to pay something in my local region yet.. I hope soon there some shop in my region accepting bitcoin.

you can use it online, come on, anyone on this planet, minus third world have access to internet, there is really no excuse anymore to use bitcoin

i think people are more scared to lose their money when they buy bitcoin, that's the real reason, they still see it as an asset for investment, when bitcoin is more of a young currency

But it will takes much fees if use it for online thing, because I have to pay extra for shipping. That will cost much from my wallet.

Well that is just beter to collect bitcoin and trade or or hold it.
For shopping online is just better to just fiat for the in your country for shopping.

Bitcoin is nice to but something when if they are some discounts like in Black Friday.

I'm thinking this, well I would rather use fiat for buying something, I dont really like buying something outside my country, cause the fees..

Kevin77

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Quote from: randchingo on January 21, 2016, 03:11:20 AM

In my opinion real money is money that can be used to purchase services and obtain goods, This can be done by BTC in a large number of fields plus BTC can be exchanged to USD and plenty of other currencies through exchanges and then used to buy items, it's real cash IMO

Yes friend Agree with you BTC is real cash now a day because there is nothing which you cannot do with BTC. If you are not able to use it then must try bitcoin debit cards. Hence now a day’s BTC is real cash because it is used in purchasing online and also offline in the form debit cards.

knowhow

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Bitcoin is worthing 400 dollars a bit above it ,soo a thing or something that has worth is money atleast as i know,the thing is we dont have yet a market to spend our bitcoins ,we will see bitcoin growing slow on the next years or maybe boom,the thing is if shops ,markets must allow to pay with bitcoin as soon as they allow people will come to bitcoin.Atleast to save some money montly.

OrangeII

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Quote from: Ya-ing on January 21, 2016, 11:35:13 AM

Well, it is real money for me. But the fact it isn't real money for everybody in the planet makes I risk it a little more than regular fiat.

you're just like me, me, all of which have value is something real, not just because the price is high but bitcoin is a very great work of art, this is so real to me Grin

jtipt

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Quote from: LuckyYOU on January 21, 2016, 10:01:47 AM

Quote from: jtipt on January 21, 2016, 09:54:48 AM

No, i would always have that thought of cashing out my BTC as soon as the price raises. I dont think its more real because maybe you cant use it for everyday activities atleast yet. I am a person who does not keep more than $100.

Bitcoin could become it's own currency one day.
Where bitcoin could be independent from any fiat.

I guess that's a good thing but it's not happening in near future. We might as well get half life 3 before this happening lol Cheesy

Ya-ing

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Well, it is real money for me. But the fact it isn't real money for everybody in the planet makes I risk it a little more than regular fiat.

smodern

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I feel bitcoin is more 'real' than normal fiat money.
Which can be tinkered with and produced with quantitative easing endlessly. Wink

manselr

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A lot of people have been living on Bitcoin only for the past 4 years, ask if they think if Bitcoin si or isnt money. I think its pretty stupid to still be arguing if its or isn't money.

morantis

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They are frivolous because of the way that they get the Bitcoins. Whether it be from mining or something else that actually took little effort, they take on the hint of "found money". The same would be true if you were walking down the street and found a $20 that you did not immediately need for anything. You would blow it on something useless. It is not the fact that Bitcoin is what it is, it is the fact that they did not work a 40 hour week to obtain the BTC.

allthingsluxury

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You can buy goods and services with it. You can accept earnings in it, you can pay bills with it. So yes, it is money.

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