Topic: Isn't bitcoin Money? Aren't there only 2 ways to earn bitcoin? - page 2. (Read 1989 times)

Your post shows only you been gone for long time, look at your post makes absolutely no sense. Yes Bitcoin is money and if you look around there a very active thread discussing this. It's a crypto currency that made many rich. Also for your earnings questions again there a very active thread which is going on. You can earn by facuets, signature campaigns, give aways and if you know coding and graphic design many contest out here.

Actually now bitcoin already a trusted currency. From security aspect bitcoin is very strong , see the price it is very high and many factors else. But about bitcoin protect your wealth i think it depends on your treat with bitcoin. When you can 'playing' bitcoin on right way that will protect your wealth even possible to makes you more rich.

You can earn food by working either a legal or illegal job, does that mean that food is money too?

You earn literally everything legally or illegally, and for most people on this forum there's an incredibly high chance that they earn all of their money legally. I would be surprised otherwise, for the most part.

Bitcoin is not money, it is a digital currency but it has some functions the same as money. There are not only two ways to earn Bitcoin but many more ways. You can ask or look in this forum. There are polls here asking what are the best ways to earn Bitcoin.

this has more to do with philosophy , gold may be considered as money for some people and others may find it not
and by earning yes in order to earn bitcoins you have to do the same things you do to earn money
but as I said it's more a philosophy thing    you can say that you earn 20 bottles of water hourly if you are interested in water and same thing in bitcoin or anything else as long as it has some value

yes in such place where people cannot use bitcoin directly for shopping and other purposes, so there they for convert bitcoin into local currency and then use it according to their own wishes.

That's probably what I thought, more over, all fiat money can be exchanged to bitcoin.

I guess it may reach 1500$ within 2017.

You can earn Bitcoins the same way as you earn fiat money.

Just get paid in Bitcoins instead. 

Bitcoin is really a money and there is a lot of ways to earn bitcoin by doing signature,trading,freelance and investment. Money (fiat) and the Bitcoin is always involved in that two ways to make money which is legal and illegal because that is pretty normal in our world, most of the people choose to earn bitcoin in a clean and legal way while other want to earn bitcoin in a faster but dirty (illegal) way like selling drugs or any kind of illegal stuff in the black market.

So yes, putting it in simple words, as you say, there are only two makes to make Bitcoin legal and illegal. Now obviously you can earn bitcoin in any way that you can earn fiat including those methods there is mining which is essentially making bitcoin from scratch(you can compare with this to printing of paper money). The thing about BTC being money is that it is money as long as people accept it in exchange of goods, i.e as long as bitcoin has value.

I don't understand the purpose of surely you want to know that bitcoin is money. Indeed bitcoin is not money, but by making sales or use bitcoin can we get the money. You know your trading system..?? , are all being traded is money. >?? . So, all the things that can get money does not have to be concerned about the physical. Because it is increasingly to the fore, the need of a person is always changing and we are have to have a work that is useful is not wrong. Because it is a work created to help and solve a problem that does exist in certain products and unresolved
 

Well, what is ''definition'' of money for you?
If you use money to buy something and also you can use bitcoin to buy something, than what is the difference?
Regular money you can earn through regular work, investments, trading, gambling etc.
What about bitcoin? It's the same.
You can earn bitcoin through regular work, investments, trading, gambling etc.
Yes, unfortunately, criminals also likes bitcoin because of anonymity, no government control...

 

Answering your previous question, I would like to say that most of the economists and experts dont call bitcoin as a money, but as a different currency.
Bitcoin just simply does not meet a requirements to call it "money", but it is just a different way to hold your funds- a digitial currency.

Bitcoin obviously can protect your wealth, because it is something known, and trusted, even when the price is volatile.
Another good thing about it, is that you can have your wealth with you everywhere- in the web. You dont have to hold a wallet with you , which contains hundreds of bank notes with you, you can just hold a paper wallet or a smarthphone with access to all that wealth.

You forgot mining, the original method of earning money in bitcoins, there has been nothing like bitcoin ever, it's a new thing and a revolutionary one.
I know people often think mining is not profitable but why wouldn't they think differently?
Bitcoin mining is investing in the future, you buy ASICs and point them towards a profitable pool and start accumulating, then you pay your bills from pocket and you just keep mining for 1-2 years and then when price was high enough you'll sell to ROI and profit greatly at the same time.
Sooner you start mining the better the chances to mine with less difficulty.

And of course your wealth is safe with bitcoin, even if someone dumps 2m coins and cause a 50% market crash it's still worth to note that some one or few people are buying those 2m coins but taking advantage of a dump and getting cheap coins but they're actually buying them because then in term they'll want to use it in their businesses with other people.

Why do you think people willing to pay $1185 per coin right now? because they know if they wanted to mine 1 bitcoin it'd take them time and they'd to risk much more buying miners and waiting to ROI not mentioning the electricity cost, so if you think people(mining farms)will reduce their hash power instead of increasing it and they'll stop manufacturing miners? well that will only cause other miners take their place and start mining, rest assured bitcoin difficulty will not go down but only up up and up making it harder to mine thus price going higher and higher.

People do make things just to earn bitcoin its either on legal or illegal way since bitcoin does have a value which be considered as money too we can actively exchange it to local fiat and make use of it on our daily lives or on our needs.Yes it can be obtain buy doing legal and illegal and Bitcoin is money or shall we say a digital currency which means or be considered as money after all.

Hmm, then why gold still has its own value without a government says so?

If for 2013 we put 1200$ (November) instead of 100$ (spring), this would look a bit different:

2013 1 Ƀ = 1200 USD
2014 1 Ƀ = 600 USD
2015 1 Ƀ = 220 USD
2016 1 Ƀ = 1100 USD
2017 1 Ƀ = 1280 USD

Conclusion could be: "It doesn't seem that BTC price could reach 1500$ in next few years, as it couldn't achieve that in last 4 years." Just the matter of interpretation

Yes bitcoin can be earned just like money but till now you can only earn bitcoin by working online.
But you can simply buy bitcoin with whatever you can earn from offline job.

Yes you can earn bitcoin with both legal and illegal way, but you can easily run away with whatever you can earn from illegal way. 

Yes, Bitcoin is money.

As far as I can tell, there are 5 ways to acquire bitcoin:

• Provide a product or service and receive bitcoins for the value you have provided
• Exchange your local currency (or any other currency) for bitcoins
• Beg and hope to receive bitcoins out of the charity in someone else's heart
• Gamble bitcoins and hope that you are lucky enough to win more than you lose
• Scam, steal, or otherwise take bitcoins from someone else