Value of bitcoin - page 2. | Bitcointalksearch.org

richardsNY

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Quote from: Tiktik on November 24, 2017, 02:16:04 PM

I think bitcoin is better that actual money like USD or PESO. why ? cause in bitcoin its only digital. they cant steal your money easily they cant rob you. because its digital no one can hold it in hands. so for me bitcoin is better than actual money that we can touch. and in this cryptocurrencies we can assure that we are secure.

Who is 'they'? Bitcoin and how you take care of your overall security are two different things. Nowadays viruses are more than ever focused on stealing people's crypto currencies, and at the same time, hackers constantly try to find a weak spot to exploit and empty hot wallets of services. If people with your mentality just assume that nothing can happen to their coins just because it's Bitcoin, they likely will find out how important their own security measures are when things go horribly bad for them (coin loss as result). At the end of the day, people only learn when things go wrong, unfortunately.

bitcad4u

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Quote from: Yankeestyle on November 24, 2017, 02:17:34 PM

Now a days bitcoin is increasing so i would like to say that bitcoin value is un predictable so i would love to say that we should invest into bitcoin because it is the time to twice our investment into bitcoin so i would prefer to people to buy bitcoin because bitcoin is most precious asset to hold.

Bitcoin is a digital currency system and it's today rate was very high and today rate of bitcoin are $8117 across and it increase day by day so in future it Cross the $10000 in December end and it is used for all online process because it's a digital currency system so in future all online process it can used so this are the value of bitcoin.

Yankeestyle

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Now a days bitcoin is increasing so i would like to say that bitcoin value is un predictable so i would love to say that we should invest into bitcoin because it is the time to twice our investment into bitcoin so i would prefer to people to buy bitcoin because bitcoin is most precious asset to hold.

Tiktik

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I think bitcoin is better that actual money like USD or PESO. why ? cause in bitcoin its only digital. they cant steal your money easily they cant rob you. because its digital no one can hold it in hands. so for me bitcoin is better than actual money that we can touch. and in this cryptocurrencies we can assure that we are secure.

frowsiter

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

It is better in some way and it is not in some other ways. I mean the whole digital platform is best creation of the Satoshi sir but what we miss here is the essence of using the hard cash that is needed in emergency cases where there is no electricity, or may be no way of paying the online payment. At that time we may miss the use of bitcoin or any other crypto currency which are completely online. So there it is where it lack the confidence of using the real time money there is hard cash. So its not just about the comparison and pointing out the bad side of the bitcoin but it is completely positive way of looking at it and making the development like that. So may be there need little more updates so that bitcoin be considered as real value currency over the actual money.

In other ways it is greatest currency we have blessed with or may be an asset we could say really. There is security of our investment and plus with bitcoin our money grows over the time and thats added advantage of decentralised nature of the bitcoin. So yeah in many ways it is better than the actual money. :-)

ps

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I don't think is it better the thing is that is the future ... electronic money is the future as shown in the serie " Mr Robot "

seizetehday5

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

First off bitcoin is money we gotta start understanding that and stop comparing it to "actual" money. Knowing that it is money I think it is the same thing as using real money with obvious drawbacks you cannot use it all the

time. This drawback is obvious and big but I expect it to be less of a problem in the coming years therefore then making it better to use. Long answer short no right now bitcoin is not "better" than "actual" money.

FrueGreads

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

Right now I think there is no point in using bitcoin, at least not the way we use actual money. Bitcoin can be used on very specific situations, where it might be better than using money, like making an international transfer, or buying a very expensive item, but if you do any of these things, then you should really replace the spent bitcoin right away, or you might lose money, since they are still very cheap.

For instance, you want to make a big international transfer, and you have enough fiat and bitcoin to do that. You can make the transfer using bitcoin, and in this case, the fees and the transaction times will be way better than what you would get with the fiat trasnfer. Once you do this, you should buy the same amount of bitcoins you just spent with fiat, so that you are not losing value if the bitcoin price increases.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

Yes it would be. If I only could be using it for all my everyday needs...
The acceptance is so small that in most places you'd have to jump into a car and spend $100 on fuel just to get to a store that accepts it.

Quote from: etherflyerofficial on November 24, 2017, 11:49:49 AM

Definitely using BTC is better than using fiat money! Why? because it can be traded anywhere and it's intangible and convenient!

Maybe we are living in different worlds or times but it can't be traded anywhere. You are limited to exchanges and their number is really small compared to the number of banks for instance.

Bagaji

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

Actual money? Money is money just that we have fait currency which i believe is what you are referring to as actual money or currency and digital currency which could be refer to as crypto currency all of them serve the same purpose though Bitcoin as an assets as compared to fait currency and that is why people prefer Bitcoin over fait currency .

mark_salcedo618

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the value of bitcoin will continouosly growing based on the charting that experts made and it will pump to 15k this January 2018. so I suggest that you buy or convert your paper money to crypto currency. BITCOIN.

esckalayd

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I understand bitcoin is translated into real dollars but my biggest concern with government acceptance and how one major nation (e.g China) can demonetize and devalue BC overnight by no longer mining or no longer accepting BC. Today in the US i think we get by due to the vague understanding of how it works, which is why our government sees it as a commodity (like gold).

On the other hand, how do you feel about major banks and investors getting into BC? Shouldn't this help stabilize the market?

sr32703

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Bitcoin is a great used as a long-term investment.
Everyone too much love bitcoin & I also. Bitcoin is a high crypto currency & easy to make transaction to anyone.

jalato.143

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Quote from: PX-Z on November 24, 2017, 12:06:17 PM

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

if I find myself bitcoin is better than paper money, because bitcoin is very easy to make transactions and the price is also very high as well.

Yes i agree with you, bitcoin is easy to use, and like you said it's easy to make transaction to other. And if you hold bitcoin, you can gain your profit even without doing anything rather than our actual money that's why i choose bitcoin.

the value of the bitcoin is very high in market, also the rate of rising in the value of bitcoin is high. bitcoin is high crypto currency and a high value than all fiat currencies. I think the use of bitcoin is not good holding of the bitcoin or investing in bitcoin is very good to make some more money from bitcoin. use of bitcoin is not good because you will fulfill your need and will your benefit.

Kprawn

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Nope..... Cash is still King. {It is 100% anonymous and it is accepted everywhere} I am a big Bitcoin supporter, but I am not blind to it's

shortcomings. We also have some scaling issues that are holding us back from greatness. The scaling issues are causing more problems with

high fees. {when Bitcoin is spammed and when miners starts to mine other forked coins} Angry

AVAMONEY

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

If you means actual money are cash fiat, for now it is still better using cash for doing transaction in real.
Bitcoins, has advantages to be using in online transaction, when you need sending sum of money to your friend abroad, you can using bitcoins for fast transaction that can received confirm by your friend in some mins / hours.

karmamiu

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Quote from: zhekinsp on November 24, 2017, 12:14:02 PM

Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

Bitcoin have both advantages and disadvantages so think before you investing on bitcoin.Bitcoin price keeps increasing everyday if you invest on bitcoin now your investment will grow many time in some years and bitcoin transaction is fully anonymous so olno one can trace your transaction.
But no one knows bitcoin price will rise upto what so the risk of your investment in bitcoin is high.And while you are making bitcoin transaction there will be a fee but there is no transaction fee for fiat transactions.

Yes! I truly agree with it. As of now bitcoin has been used as an investment, compared to fiats which are literally being used for methods of buying goods, but sometimes when its crucial moment, or in buying things or what you needed online, you can rely on bitcoin as currency, unlike fiats that has a lot process before you can buy goods online, bitcoin has automatically design to provide the needs online such as transactions and for being an online currency.

zhekinsp

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

Bitcoin have both advantages and disadvantages so think before you investing on bitcoin.Bitcoin price keeps increasing everyday if you invest on bitcoin now your investment will grow many time in some years and bitcoin transaction is fully anonymous so olno one can trace your transaction.
But no one knows bitcoin price will rise upto what so the risk of your investment in bitcoin is high.And while you are making bitcoin transaction there will be a fee but there is no transaction fee for fiat transactions.

PX-Z

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Quote from: jamzjosef on November 24, 2017, 08:17:03 AM

Do you think using bitcoin is better than using actual money?

if I find myself bitcoin is better than paper money, because bitcoin is very easy to make transactions and the price is also very high as well.

Yes i agree with you, bitcoin is easy to use, and like you said it's easy to make transaction to other. And if you hold bitcoin, you can gain your profit even without doing anything rather than our actual money that's why i choose bitcoin.

Yarsk

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Bitcoin is more of an investment then currency, so bitcoin is best store then to be use as a means of payment for goods and services. When you save your bitcoin you stand to gain either from it increase in price or trading to make make your gain at the end of the trading period. Because when you spend your bitcoin you stand to incurre cost like the transaction fee from blockchain and you loose you bitcoin but if you save your coin you always stand to gain from the steady rise in price of bitcoin in price the exchange market.

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