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Topic: What is Virtual Money? - page 12. (Read 1440 times)

newbie
Activity: 21
Merit: 0
February 16, 2018, 06:46:32 AM
#86
virtual money is a also types of ditital currency... and also like bitcoin
full member
Activity: 406
Merit: 100
February 16, 2018, 06:20:51 AM
#85
For me the virtual money is almost the same as a normal paper dolat. They are in digital form but it is much more convenient because you do not need to use large quantities with you. Cool
newbie
Activity: 98
Merit: 0
February 16, 2018, 03:35:31 AM
#84
Virtual money is something that can not be touched. But still they can be translated into real. Otherwise they would not be called money
newbie
Activity: 28
Merit: 0
February 07, 2018, 09:40:22 AM
#83
 Virtual currencies such as bitcoin are neither good nor bad by themselves, but depend on the use made of them. Its boom and growth are accompanied by fraud and cybercrime, as with the physical currency.
full member
Activity: 210
Merit: 100
February 07, 2018, 08:11:34 AM
#82
About virtual currency, there are 03 different understandings:

    Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
    The type is not real value, not guaranteed by cash, gold, and valuable assets.
    The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.

The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.

Virtual Money can be characterized as a computerized portrayal of significant worth that is issued and controlled by its engineers, and utilized and acknowledged among the individuals from a particular (virtual) group. Not at all like normal cash, it is depending on an arrangement of trust and not issued by a national bank or other managing an account specialist
member
Activity: 276
Merit: 11
February 07, 2018, 02:22:13 AM
#81
Virtual money is money that is not visible or not real shape. But can be used for various transactions. One of the virtual money is bitcoin. This system uses virtual money denominated in coins. And the coin is worth as it has been specified by the developer or virtual money maker this virtual can be used for transactions only in certain environments only. And do not have attributes such as fiat money
member
Activity: 98
Merit: 16
February 07, 2018, 02:20:53 AM
#80
The virtual currency is the currency used in online transactions. True, that the virtual currency can not be affected. I am one of the users of virtual currency, because I like instant and fast things in a transaction. So, I use virtual money.
Fictitious currency transactions are conveniently located in the real currency, and their operation is convenient and does not require too much verification. Taking into account the exchange rate problem can leave us with unnecessary troubles.
full member
Activity: 257
Merit: 101
February 07, 2018, 02:01:06 AM
#79
Virtual money is almost the same as ordinary paper dollars. But they are in digital form. So much more convenient, because you do not have to wear large sums with you.
Virtual money is a value that is issued and controlled by its developers, and used and accepted among the members of a specific community.Type of unregulated, digital money.The european bank defined that virtual money is a digital.Virtual money is very modern now,I think it's because of the cryptocurrency in all over the world.You can have your fast transactions using this virtual money.
newbie
Activity: 216
Merit: 0
February 07, 2018, 01:52:40 AM
#78
The virtual currency is the currency used in online transactions. True, that the virtual currency can not be affected. I am one of the users of virtual currency, because I like instant and fast things in a transaction. So, I use virtual money.
member
Activity: 146
Merit: 10
February 07, 2018, 12:33:58 AM
#77
Virtual money is a type of digital money unregulated, it is also representation the value issued and control by its developers. It is accepted among the members of specific community. The european bank defined that virtual money is a digital.
newbie
Activity: 8
Merit: 0
February 06, 2018, 09:39:14 PM
#76
Virtual money is a kind of currency which you can buy anything in virtual world. Compared to our regular money this currency can buy through different country. Also government can claim tax on it.
newbie
Activity: 196
Merit: 0
February 04, 2018, 01:55:51 AM
#75
Virtual money is your money in a digital form.
It is a digital asset for me. very convenience
newbie
Activity: 81
Merit: 0
February 04, 2018, 01:52:24 AM
#74
Virtual money is like any other money in paper form, or even a token in arcade games, only that virtual is in digital form. Similar to your debit cards, but different in many ways.
One of the advantages of digital currency is it is more convenient and transactions are fast. Like you can send many hundreds of thousands of dollars to other parts of the world in just a click!
member
Activity: 101
Merit: 13
February 04, 2018, 01:42:07 AM
#73
Virtual currency refers to the Internet above a kind of virtual money out. Unlike virtual checks and wire transfers, the value of virtual currency can not be realized through bank transfer. Currently, it can only circulate in the online world. The virtual currency is released by various network agencies and does not form a uniform standard for distribution and management.
full member
Activity: 252
Merit: 100
February 04, 2018, 12:51:57 AM
#72
virtual currency is a currency that does not have physical as well as not visible shape. but many people are interested because this currency has more value as seen this currency is very practical and also has a high price ...
full member
Activity: 237
Merit: 100
February 04, 2018, 12:40:31 AM
#71
Virtual Money is the one we encountering right now. It is not seen because it uses electonics and devices for us to monitor are holdings. You need alway store your password on a safest place so noone will stole your money.
full member
Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
February 04, 2018, 12:01:17 AM
#70
Virtual currencies are online currency or digital currency and decentralized currency, such as BTC and LTC, ETH.and it is created by the electronic system  that is the arithmetic system. which is transaction by the online.it is Mainly used for internet financial.and it is used blockchain technology p2p.
Virtual Money is nothing but a digital portrayal of value that is managed by the developers and used by distinct territory. Virtual Money is an example of digital currency; virtual money is produced by mining, blockchain.
newbie
Activity: 149
Merit: 0
February 03, 2018, 11:58:22 PM
#69
As name implies, virtual or a digital money which is not existed in actual or in physical form and it is controlled/regulated by developers and programmers.
jr. member
Activity: 266
Merit: 5
February 03, 2018, 11:52:47 PM
#68
Based on the name ''Virtual'' that's mean doesn't have physical, this same with our currency in real life but virtual currency doesn't have any attributes. This currency based on Blockchain technology, you can use this for your payment menthod that's seem like buy online item, money tranfers and etc.
full member
Activity: 462
Merit: 100
February 03, 2018, 11:41:52 PM
#67
Virtual currencies are online currency or digital currency and decentralized currency, such as BTC and LTC, ETH.and it is created by the electronic system  that is the arithmetic system. which is transaction by the online.it is Mainly used for internet financial.and it is used blockchain technology p2p.
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