Is Bitcoin Sound Money? - page 50. | Bitcointalksearch.org

amanojaku

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Quote from: ethereumhunter on September 27, 2016, 02:26:59 AM

i make bitcoin as money because when i make some amount of bitcoin then i know i will be make money too, because bitcoin is long term investment, i still hold my bitcoin until i decide how much of price i want to sell my bitcoin.

bitcoin is not gold, and gold is not bitcoin. bitcoin have its ways and the gold too. so don't debate about bitcoin and gold because we can not see that its not the same even as currency. better we are thinking about how we can make more money with bitcoin and gold and how much we can make it.

yeah both of them have own way
i totally agree with you man

ethereumhunter

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i make bitcoin as money because when i make some amount of bitcoin then i know i will be make money too, because bitcoin is long term investment, i still hold my bitcoin until i decide how much of price i want to sell my bitcoin.

bitcoin is not gold, and gold is not bitcoin. bitcoin have its ways and the gold too. so don't debate about bitcoin and gold because we can not see that its not the same even as currency. better we are thinking about how we can make more money with bitcoin and gold and how much we can make it.

entrepmind23

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Quote from: neochiny on September 23, 2016, 09:07:38 PM

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.

Honestly, I don't really care about the debate as to whether why bitcoin should be compared to gold and how is it that bitcoin has a value. As long as I can use bitcoin in earning and use it in my daily needs now by converting it to fiat since there is still limitations as to what bitcoin can buy then the debate for me by some authorities is irrelevant.

Rubberduckie

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Quote from: HabBear on September 23, 2016, 09:38:15 PM

I don't understand why people keep comparing gold to bitcoin within the context of currency. Gold hasn't been used as currency for over a hundred years. People wear gold and the buy it to keep as an investment (store of value). When was the last time you saw some one buying something with gold coins? The only reason gold coins are made is for investment purposes, it's nostalgic to have it in an actual coin form.

Further gold is a metal. Bitcoin is electronic, not tangible, it's different on so many levels.

Gotta agree with this gentleman. Gold I do think is important to have in
your portfolio (3-5%) but that's just for an investment. Bitcoin is an actual
currency that could be used.

If this was deadwood in the 1800's I would rather have gold lol.

raphma

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nobody can predict the future, but to me sounds reasonable to "bet" in a crypto as the main currency form in the future. Well, i dont see another crypto taking bitcoin place any time soon so lets buy more bitcorns.

shinratensei_

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BITCOIN JUST THE DIGITAL FORM OF MY MONEY but I like to call that more a digital goods it's very no sense if bitcoin is can call a money cause it's not having a factor for can get a value, but bitcoin is offering more for me rather than fiat, fiat is offering a value and bitcoin is offering the technology and easiest way.

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Quote from: toriyaki on September 24, 2016, 05:57:16 PM

Quote from: neochiny on September 23, 2016, 09:07:38 PM

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.

LOVE IS MONEY

thats nonsense in my opinion, money is not love at all and love can exist without money for sure

fatima zuhra

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yes in fact bitcoin is a sound money there is no doubt about this, i think the reason is that still most of the people have no idea about and most of the people do not believe on the income of bitcoin , and those who know about bitcoin and making money are continue their world fluently and earning money from bitcoin.

PremiumCodeX

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Bitcoin can be and is widely used as money. However, bitcoin is different than physical money in nature. For most people, we have yet to explain what gives bitcoin its value. In addition, we have yet to have them accept bitcoin. Bitcoin is not only money, though. Bitcoin is an investment, too, in itself.

bitbunnny

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Bitcoins are money. Maybe not in original sense but when you change it to fiat, that is money. You can also makew money with Bitcoin or for money. And you can spend it like money and it feels good like money. Then it must be money. Grin

BADecker

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Get a metal pan, maybe a pie pan. Drop some bitcoins into the pan. Listen to the sound of the bitcoins hitting the pan. Didn't hear anything, did you? Bitcoin is not sound money.

Cool

Paleus

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Quote from: Yakamoto on September 25, 2016, 12:29:35 AM

Bitcoin is probably the best form of money that you're going to be able to get in today's day and age, and that's kind of saying alot to be honest. We have digital, open-sourced and community-reviewed money worth more in a technical manner than what is issued by our governments. At what point did it become this bad?

Perhaps when we backed government money not with gold or previous metals but debt itself.

katiecbell

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Quote from: Prettygirl01315 on September 24, 2016, 08:16:07 PM

The only thing hard is how to earn bitcoin, how it works and how it grows?

There is no hard thing with the bitcoin because it is just another format of money. So, you will earn bitcoin similar to your fiat, or earn fiat, just convert it to bitcoins.

To know how bitcoin works, in to be intermediate to advanced user, but learning slowly will get you a clear idea about it.

To grow bitcoin, you need to go with safer methods, else you may get scammed.

Yakamoto

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Bitcoin is probably the best form of money that you're going to be able to get in today's day and age, and that's kind of saying alot to be honest. We have digital, open-sourced and community-reviewed money worth more in a technical manner than what is issued by our governments. At what point did it become this bad?

23dzmaz

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Oh yes, bitcoin = money. That's why many people using bitcoin too, because bitcoin is really worthy and you can earn money with bitcoin. You also can use bitcoin for buying something online.

Dudeperfect

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Thanks for bringing this topic on the board, this one is a really important debate among bitcoin users and other investors who don’t see value in bitcoin.

I believe that bitcoin is new and thus it might face serious accusations against it but on a personal level I see a great future in this technology. Yes, bitcoin might have some disadvantages but we shouldn’t forget that it is in evolution stage and yet to evolve 100%. In any circumstances, users decide the price of anything so in bitcoin, we the users put the value in it so yes it is valuable for us and since we are constantly growing, I see a good financial position for bitcoin in near future.

john2231

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Bitcoin is sounds .its real money we are just using it as virtual money here online but you can convert it into fiat that you can use anytime in your country.. if you invest in bitcoin we can say that this is your own business because bitcoin is growing daily and the price of bitcoin is increasing or decrease every month there is changes price so if you are buy and sell bitcoin you can earn a good amount if you know the sets for margins.

ice098

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Quote from: takingthis4 on September 24, 2016, 06:17:18 PM

Quote from: toriyaki on September 24, 2016, 05:57:16 PM

Quote from: neochiny on September 23, 2016, 09:07:38 PM

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.

LOVE IS MONEY

thats not true, money cannot buy you anything to be honest, though bitcoins are definitely the best money

Hahaha I do agree with you! You cant buy anything using money.! As my experience i cant buy her love to love me! Otherwise! Bitcoin sounds money for me! Cheesy

1 bitcoin! that is really a lot for me! You can buy a lot using that amount of bitcoin. Bitcoin is a Money and It sounds Gold for me! $$

Prettygirl01315

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When I heard about bitcoin its sounds money for me because of the group in the fb which name is "Pangkabuhayan sa Cyberworld" which are now "Pinoy Bitcoin". So it is not hard to know all about bitcoin in my case. The only thing hard is how to earn bitcoin, how it works and how it grows?

takingthis4

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Quote from: toriyaki on September 24, 2016, 05:57:16 PM

Quote from: neochiny on September 23, 2016, 09:07:38 PM

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.

LOVE IS MONEY

thats not true, money cannot buy you anything to be honest, though bitcoins are definitely the best money

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