Topic: Is Bitcoin Sound Money? - page 13. (Read 28558 times)
obviously many investors are investing money into bitcoin, this is a new breakthrough to get a big advantage especially now that bitcoin prices seem uncontrollable, so many people want to profit from here.
Recently Steam stopped accepting bitcoin as a form of payment (because of high fees) what answer the OP's question in the negative way: bitcoin is not sound currency, it is currently only the investment vehicle, and I am afraid it may sink eventualy as well. I have read that even opening Lightning Network will not solve bitcoin's high fees problem, as you have to pay a fee to open and close a lightning tunnel.
So a call to developers: please fix bitcoin and do it soon!
So a call to developers: please fix bitcoin and do it soon!
I'm not going into all that debate and whatnot, all I know is that I can use bitcoin to buy things,
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
The thing is that it is very expensive to pay your bills. There was a user in the forum today who complained he payed like 2.5 dollars fees for a transaction and it is still unconfirmed after 23 hours. Look at the number of unconfirmed transactions. It is currently more than 140k.
I am not so sure that bitcoin can be said to be a viable option to pay bills. Have you actually tried to pay bills with bitcoin?
Bitcoin really the king of investment now, better that any commodity out there, Gold has no doubt holds intrinsic value more truer than bitcoin but many trader buy bitcoin because of its usability in the internet world and on ground, sounds money yes
The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
Yes, it is. It results a lot of money, the price is increasingly Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
Bitcoin sounds money in a sense that you can make transaction using bitcoin as a tool or mode of payment in online world. Some online job offers bitcoin as payment for services rendered. You can also convert it into flat in case you want to use it outside the web. ,
Bitcoin is money that can be used for online transactions and needed to convert into fiat to be able to accept as payment in small enterprises. Money and Bitcoin has same in use the only difference is that being centralized and decentralized where bitcoin has no fixed value and can increase and decrease anytime.
Bitcoins doesn't sound money because bitcoin is money, bitcoins increase and decrease and that's because of money. Here you can earn money based on your knowledge and the more risky it is the more money you'll get. I have a stable job right now and I do bitcoins at the same time because here my 1 month of income can only earn by just a week. And here anytime you want you can earn, so many people are into it and that's all because of money.
BITCOIN doesnt sounds money ! bitcoin is money ! bitcoin give pleasures to so many people of the world , they invested some amount and look what and where they are now ! what are they having and what they will have more in the near future! bitcoin is REAL money and it may replace FIAT sooner or later ! i wanna see bitcoin reach the milestone of 20,000 USD!
That is true, bitcoin is a money and that is why people are going crazy just to get some bitcoin or earn it because they know that the price of bitcoin will continue to go up in the next few months and years. In the future, bitcoin maybe will be priced by 6 digits us dollars which will become the very big achievement or milestone for bitcoin.Do you have any doubt in that.I am dam sure Bitcoin will replace the DOLLAR and then entire currency System.Bitcoin is became stronger than stronger day to day.Soon the digital currency bitcoin will replace the FIAT.Now the bitcoin crossing many peak,just now it crossed 14,600$.It happening like a imagination.Good luck holders.
BITCOIN doesnt sounds money ! bitcoin is money ! bitcoin give pleasures to so many people of the world , they invested some amount and look what and where they are now ! what are they having and what they will have more in the near future! bitcoin is REAL money and it may replace FIAT sooner or later ! i wanna see bitcoin reach the milestone of 20,000 USD!
That is true, bitcoin is a money and that is why people are going crazy just to get some bitcoin or earn it because they know that the price of bitcoin will continue to go up in the next few months and years. In the future, bitcoin maybe will be priced by 6 digits us dollars which will become the very big achievement or milestone for bitcoin. The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
Bitcoin is really money. I have now many money because of the bitcoin. All of my funds are came from the bitcoin. I can say that the bitcoin is the bridge for me to become a millionaire someday. Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
BITCOIN doesnt sounds money ! bitcoin is money ! bitcoin give pleasures to so many people of the world , they invested some amount and look what and where they are now ! what are they having and what they will have more in the near future! bitcoin is REAL money and it may replace FIAT sooner or later ! i wanna see bitcoin reach the milestone of 20,000 USD!
Yes bitcoin is a kind of money that had a great value
Right, Bitcoin has a value and can be use as mode of payment so it's really sounds money. It's is just that, it is a digital currency that you cannot hold; but it can be converted to other types of currency that will allow you to use it worldwide. Thus, it is absolutely a money and somehow better than money that we're using right now. 
It sound like a bank for me it is good to deposit your money in bitcoin rather than bank. Bitcoin was the future and fiat currency will defeat by bitcoin.
It does not sound money, it is a real money in a form of virtual money. Though it does not accept as a form of currency which you can buy things or transact to some business but bitcoin can be convert to a real money for you to buy luxuries, food, clothes, gadgets or to even transact to some business. So it really does sound MONEY, a MONEY out of digital world however bitcoin is in the state of not being accepted some countries does not accept bitcoin so in some perception it cannot be called a money in those countries who does not accept bitcoin but for me that bitcoin is legally accepted in my own country, bitcoin sounds money and a genuine money.
In my opinion, yes bitcoin sound money. I’m a student that needs a part-time job, but it is hard to find a job that will fit into your schedule. When I ask my friend how he earns an extra cash, he told me about bitcoin, after that, I’m willing to learn about bitcoin, and now I’m making money because of bitcoin.
Bitcoin sounds money in a sense that you can make transaction using bitcoin as a tool or mode of payment in online world. Some online job offers bitcoin as payment for services rendered. You can also convert it into flat in case you want to use it outside the web. ,
The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
yes that's right, bitcoin is money in the internet that you can exchange with currency in accordance with your country.
The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
For me,Bitcoin is a money/currency. i can use it for buying things, i can convert it to fiat.Bitcoin so far the best currency of this time Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
Which factors of bitcoin instill this validity of investment?
Watch Video
Bitcoin does sound a lot of money, people are becoming a millionaire out of thin air. As an investor you shouldn't be afraid of investing some of your money on something.
I think how bitcoin can be use to purchase commodity and services digitally is an advantage factor versus gold. The use of bitcoin other than trading is increasing and it is going forward on it's mainstream usage. So yes, bitcoin is money.
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