Is Bitcoin trusted to put your real money - page 29.

BeGoods

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Quote from: CryingMidget on April 03, 2016, 01:26:59 AM

Quote from: defcon23 on April 02, 2016, 12:19:48 PM

bitcoin is really volatile.. so i would say : invest in bitcoin not more than you can lost ... Wink

Bitcoin is trusted to put real fiat money!! I prefer not large amount of money to be put very small amount will benefit you as even if there arises certain bans it won't affect you much as you have invested or put small amount.

what is the evidence or proof that bitcoin is trusted? bitcoin has a very high fluctuation dude
bitcoin could have died or price drops very quickly at any time? it may happen right
so keep alert for bitcoin. I can not call bitcoin secure or trusted

martinacar

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I do trust the bitcoin as real money because its easy ti pay with and its very secure plus it also has a great future ahead.
I think after all there is a good chance the bitcoin will be more worth soon or later this year.

ronaldo40

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Quote from: delliaerd on April 06, 2016, 02:10:30 AM

Quote from: hunterx on April 06, 2016, 01:29:02 AM

Yes bitcoin is trusted to put your money. Because bitcoin is real money.

Actually, Bitcoin is Cryptocurrency ( online money ) which you can use it as real money. Buy, pay something with bitcoin like you use real money .

I dont think so. yes bitcoin is money online. but bitcoin is still difficult to use as payment, because it is still rare for it. although there is, most can only buy credit. as you know, that are rarely online store that accepts bitcoin and even in the real world still rare.

delliaerd

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Quote from: hunterx on April 06, 2016, 01:29:02 AM

Yes bitcoin is trusted to put your money. Because bitcoin is real money.

Actually, Bitcoin is Cryptocurrency ( online money ) which you can use it as real money. Buy, pay something with bitcoin like you use real money .

hunterx

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Yes bitcoin is trusted to put your money. Because bitcoin is real money.

xxxDD

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Quote from: avw1982 on April 06, 2016, 12:59:49 AM

Quote from: dhimasnk on April 05, 2016, 10:36:09 PM

I believe bitcoin can keep my money but as a security I would not put all my money in the form of bitcoin

Lot of people out there, very greedy in investing, they buy many bitcoin, they think would make a profit quickly in bitcoin, and then the price went down, and they are frustrated. The first is that you have to be patient and ready to afford to lose ,bitcoin is very safe

People nowaday forget this important rule

jethrorn99

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Quote from: jakelyson on April 05, 2016, 11:38:06 PM

Quote from: ronaldinho_07 on April 01, 2016, 09:10:15 AM

Well i dont like real the banks system,taking all months a fee to hold my money if isnt at savings,soo they force you to use their service otherwise you will get a fee,bitcoin you can store 0,10btc and return after 1 years that the ammount will keep there,security were one of the concerns of bitcoin concept,the hash protects the bitcoin.

That is the bank system for you. If there is no transaction for a period of time, they will start getting your money until nothing is left. Plus, their interest rates is so meager. You can only earn a few cents in a year. While in bitcoin, you can store your money as long as you want and you won't lose any. In fact, it will grow in value since the price is continuously getting high.

At least bank is still more safer than bitcoin. If your bitcoin is stolen , then it's gone . (except you got insurance, which is rare for btc)

But if your money in bank got stolen, bank still have insurance to cover your money again later on.

avw1982

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Quote from: dhimasnk on April 05, 2016, 10:36:09 PM

I believe bitcoin can keep my money but as a security I would not put all my money in the form of bitcoin

Lot of people out there, very greedy in investing, they buy many bitcoin, they think would make a profit quickly in bitcoin, and then the price went down, and they are frustrated. The first is that you have to be patient and ready to afford to lose ,bitcoin is very safe

delliaerd

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Quote from: nostal02 on April 05, 2016, 11:22:36 PM

Quote from: dhimasnk on April 05, 2016, 10:36:09 PM

I believe bitcoin can keep my money but as a security I would not put all my money in the form of bitcoin

Putting all your money in bitcoin will not be good option if you want to invest in bitcoin,its better if you put half of your money in bitcoin and the rest into savings so that you will still have some spare money.

Actually, no problem if you keep all of your money in bitcoin but you must oversee the price of bitcoin. And keep rotating your bitcoin in some business or make hard effort to growing up your bitcoin.

jakelyson

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Quote from: ronaldinho_07 on April 01, 2016, 09:10:15 AM

Well i dont like real the banks system,taking all months a fee to hold my money if isnt at savings,soo they force you to use their service otherwise you will get a fee,bitcoin you can store 0,10btc and return after 1 years that the ammount will keep there,security were one of the concerns of bitcoin concept,the hash protects the bitcoin.

That is the bank system for you. If there is no transaction for a period of time, they will start getting your money until nothing is left. Plus, their interest rates is so meager. You can only earn a few cents in a year. While in bitcoin, you can store your money as long as you want and you won't lose any. In fact, it will grow in value since the price is continuously getting high.

nostal02

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Quote from: dhimasnk on April 05, 2016, 10:36:09 PM

I believe bitcoin can keep my money but as a security I would not put all my money in the form of bitcoin

Putting all your money in bitcoin will not be good option if you want to invest in bitcoin,its better if you put half of your money in bitcoin and the rest into savings so that you will still have some spare money.

dhimasnk

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I believe bitcoin can keep my money but as a security I would not put all my money in the form of bitcoin

uname

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Quote from: beerlover on April 05, 2016, 08:43:05 AM

Quote from: Vladimir1988 on April 04, 2016, 04:14:58 AM

Bitcoin is real money

That is the real answer which everyone have to understand, they should have to accept that bitcoin is money, real money, it is actually another currency just like all other currency and is used for the virtual use for international transactions.

yeah bitcoin like another currency of course of course safe. will not die in a short time. which became little unsafe rapid price movements. you have to know about it dude

JDW

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I honestly think it is good to put some money on bitcoins(investing it) because of the future it has.
The bitcoin itself is growing these days plus it has a good future for its price also so I think the answer is yes for sure.

PakistanHockeyfan

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Quote from: Zaun on April 05, 2016, 07:02:08 PM

Quote from: joinal on April 05, 2016, 06:17:06 PM

Quote from: beerlover on April 05, 2016, 08:43:05 AM

Quote from: Vladimir1988 on April 04, 2016, 04:14:58 AM

Bitcoin is real money

That is the real answer which everyone have to understand, they should have to accept that bitcoin is money, real money, it is actually another currency just like all other currency and is used for the virtual use for international transactions.

yes I admit bitcoin is real money but bitcoin has something that makes their prices very fast and difficult to be stable, so it can enable one poeple loss in one day if they put money in bitcoin
if the current price drops,

Its right what you are saying but think also about the fact most likely the price is also going up again so I think this is no problem at all.
Of course there are some risks involved with the bitcoin but this is also logical in my eyes because its a investment.

Exactly. Investments don't always come with a stable outcome.

Zaun

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Forza Roma

Quote from: joinal on April 05, 2016, 06:17:06 PM

Quote from: beerlover on April 05, 2016, 08:43:05 AM

Quote from: Vladimir1988 on April 04, 2016, 04:14:58 AM

Bitcoin is real money

That is the real answer which everyone have to understand, they should have to accept that bitcoin is money, real money, it is actually another currency just like all other currency and is used for the virtual use for international transactions.

yes I admit bitcoin is real money but bitcoin has something that makes their prices very fast and difficult to be stable, so it can enable one poeple loss in one day if they put money in bitcoin
if the current price drops,

Its right what you are saying but think also about the fact most likely the price is also going up again so I think this is no problem at all.
Of course there are some risks involved with the bitcoin but this is also logical in my eyes because its a investment.

joinal

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Quote from: beerlover on April 05, 2016, 08:43:05 AM

Quote from: Vladimir1988 on April 04, 2016, 04:14:58 AM

Bitcoin is real money

That is the real answer which everyone have to understand, they should have to accept that bitcoin is money, real money, it is actually another currency just like all other currency and is used for the virtual use for international transactions.

yes I admit bitcoin is real money but bitcoin has something that makes their prices very fast and difficult to be stable, so it can enable one poeple loss in one day if they put money in bitcoin
if the current price drops,

chaosknight

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Quote from: Bitcotalk on April 05, 2016, 03:25:09 PM

Quote from: stromma44 on April 05, 2016, 07:52:02 AM

Quote from: Hellacopter on April 05, 2016, 07:47:51 AM

Yes Bitcoin is trusted enough to put my money , and in fact i think it's already real money like fiat and other currencies. We can use bitcoins to make our deals and trades so it's for sure trusted

Yeah and we are also investing our fiat to buy bitcoins, so it is trusted for sure, and I think bitcoin is the safest currency in compare to fiat as no one can steal it very easily.

Yeah, it is more safe when a physical store adopt it then he can secure his money by collecting them to bitcoin wallet, and one of the benefit of bitcoin for them is that, they will be their own bank.

The two major benefits are that you have your own bank and you have total control on your money and the other benefit is your money will grow in future if you hold for a long time.

randy8777

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Quote from: Blackmet on April 05, 2016, 03:08:04 PM

Sure it's trusted and a lot of people will support me on it. Bitcoin is pseudo stable currency and i hope it will become a real currency and will be equal to fiat.

bitcoin is already a real currency, and it's even better than fiat in many aspects. the only thing that fiat still has a huge lead over bitcoin, is that offline payments with fiat are much better. if at some point bitcoin becomes stronger in "offline" payments, then bitcoin will be much better than fiat currencies in every aspect. i am waiting for that day.

Bitcotalk

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Quote from: stromma44 on April 05, 2016, 07:52:02 AM

Quote from: Hellacopter on April 05, 2016, 07:47:51 AM

Yes Bitcoin is trusted enough to put my money , and in fact i think it's already real money like fiat and other currencies. We can use bitcoins to make our deals and trades so it's for sure trusted

Yeah and we are also investing our fiat to buy bitcoins, so it is trusted for sure, and I think bitcoin is the safest currency in compare to fiat as no one can steal it very easily.

Yeah, it is more safe when a physical store adopt it then he can secure his money by collecting them to bitcoin wallet, and one of the benefit of bitcoin for them is that, they will be their own bank.

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