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Topic: What is Virtual Money? - page 14. (Read 1440 times)

jr. member
Activity: 104
Merit: 4
January 31, 2018, 07:04:00 AM
#46
We could say that virtual money is a digital representation of money and currency used as a medium of exchange in virtual worlds such as gaming and etc.Moreover,it's an intagible material and it's somehow related to crypto since it's unregulated and usually controlled by the developers who made for a specific virtual users.Also,Virtual money has many variation depending on the company or developers who invented it since it's also a marketing strategy for those company in order for them to earned extra income by selling online products and services.
hero member
Activity: 770
Merit: 505
January 31, 2018, 03:25:51 AM
#45
Virtual money is money that can not be touched but only be seen virtually.
legendary
Activity: 1232
Merit: 1029
January 31, 2018, 02:56:47 AM
#44
Fundamentally no currency in this world as its intrinsic value as only government are providing some value to their currency. So, the do not need to confuse about virtual money based on how the currency is getting its value.

I mean to say it virtual money can be defined a money which is not having any physical form but having all the properties of traditional money. A virtual money can be an electronic money and it must be having all the buying power of what is a physical money is having.

This definition may differ for persons. But, a virtual money must be used to for all the purposes what a traditional money is meant for. Otherwise there will be no point of calling it a money.
newbie
Activity: 281
Merit: 0
January 31, 2018, 02:54:28 AM
#43
    Virtual money is a type of digital currency or digital representation of value,which changeable but untoucheable. It is different in regular money,because virtual money is not issued by a central bank or other banking authority.
full member
Activity: 178
Merit: 100
January 31, 2018, 02:49:23 AM
#42
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 from the word itself these are moneys that can only be seen inside your cellphone or computer. You cannot hold it physically because as i say it is only store inside your virtual wallet.But the advantage of it is you can use it to buy or to pay for your bills like a ussual money.

Virtual currency refers to non-real currency. Bitcoin is now a hubbub of speculation. Bitcoin has been accepted by some online merchants and traditional retailers. Due to the hot bitcoin, virtual currency is gradually becoming a hot topic.
newbie
Activity: 208
Merit: 0
January 31, 2018, 02:18:19 AM
#41
to my knowledge Virtual Money is money used to redeem / replace an item online. To have virtual money a person must have a virtual account that functions as a normal account if we save in a local bank. Wink
newbie
Activity: 224
Merit: 0
January 31, 2018, 02:11:25 AM
#40
virtual money is a money, that you can save it physically.
It is virtually, means you dont have its physic.
member
Activity: 308
Merit: 10
January 31, 2018, 02:11:07 AM
#39
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 from the word itself these are moneys that can only be seen inside your cellphone or computer. You cannot hold it physically because as i say it is only store inside your virtual wallet.But the advantage of it is you can use it to buy or to pay for your bills like a ussual money.
newbie
Activity: 22
Merit: 2
January 31, 2018, 02:07:06 AM
#38
Virtual Money can be defined as a digital representation of value that is issued and controlled by its developers, and used and accepted among the members of a specific (virtual) community. Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking authority. In this article, Sia Partners explains why “Virtual Money” could become really important, which are the main products and players in the market today and what are their main characteristics, risks and advantages. We also explain key concepts related to Virtual Money, such as “Mining” and “Blockchain”.
newbie
Activity: 27
Merit: 0
January 31, 2018, 02:05:25 AM
#37
Is virtual money the same as digital money?
A lot of confusion exists around the terms virtual money and digital money. When we are talking about digital money, this concerns the categories M2 and M3 of the financial system (M1 are the physical notes and coins in circulation). Worldwide, more than 95% of the currencies is digital. Virtual money originally only referred to the currencies that did not live in the real world and were only exchanged online (typically in gaming systems). In a later phase, virtual currencies started to expand to the physical world and blurred the line between virtual and digital money.
full member
Activity: 390
Merit: 100
January 31, 2018, 02:01:19 AM
#36
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.

Will ,in my simple definition of virtual money it is a digital currrency that no physical appearance,and compose of million integral numbers,that cannot seen or  touch by a person or in other word its is transparency.virtual money compose of bitcoin and altcoin in the world of cryptocurrency it is run through the block chain market with the help of internet technology,with decentralized processing through its own method and properties.

Based on my research, Virtual money is also known as virtual currency that is unregulated digital money which is being controlled and supplied by it's developers. It is being used and accepted among the fellow members of a particular virtual community. It is also a digital representation of value that is electronically transferred and stored.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
January 30, 2018, 04:41:18 PM
#35
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.

Will ,in my simple definition of virtual money it is a digital currrency that no physical appearance,and compose of million integral numbers,that cannot seen or  touch by a person or in other word its is transparency.virtual money compose of bitcoin and altcoin in the world of cryptocurrency it is run through the block chain market with the help of internet technology,with decentralized processing through its own method and properties.
full member
Activity: 266
Merit: 100
January 30, 2018, 02:03:48 PM
#34
Are you the same person who made the following thread?
What is the algorithm money?
https://bitcointalksearch.org/topic/--2834664

Because you obviously made:
What is Electronic Money?
https://bitcointalksearch.org/topic/--2834630

It certainly looks like you're leveling by making similar threads with your main and your alts.

To compare:
Name:   myson2009
Date Registered:   11 January 2018, 06:16:34

Name:   goodpeople222
Date Registered:   11 January 2018, 06:14:41

Stop making useless threads and spamming mr. sock puppet.



uh oh,. i smell trouble. ..

but seriously though, why the hell would you even do this op? i mean, if you are gonna have an alt, at least make every alt like your main account. or at least don't be so obvious that you only are after post counts. although it is allowed to have alts here in the forum, it would be pretty nice if you put effort in every alt that you own and not just make the same thoughts on the posts of both alts. doing something like this is really bad for the forum because it obviously blocks out some better topics.  i hope this will be an eye opener for ya. try to look at the meta section and read back a lot. might give you some healthy fear. don't wait for the worse to happen op, change while you can.



great job noticing man, you deserve a merit.
legendary
Activity: 1904
Merit: 1074
January 30, 2018, 12:52:28 PM
#33
In my opinion there are a difference between Virtual money and Crypto currencies. Virtual money can be in-game tokens or

some counter party token. It can be electronic food stamps or vouchers. Once Cryptographic algorithms is involved, it should

be labelled as Crypto currencies. {If it is not Bitcoin, then it is a Alt coin} The difference is very important, because not all

digital "money" is the same.  Wink
copper member
Activity: 294
Merit: 0
January 30, 2018, 12:50:48 PM
#32
Virtual money is the imaginary or digital currency which dpes not exist in actual but have their values in electronic media or online values. These type of money are considered to be future currencies which does not exist in any form of paper,coin etc.
member
Activity: 251
Merit: 10
January 30, 2018, 10:27:08 AM
#31
virtual money has the same functions and benefits as other currencies, can is used for transactions and more. but the difference is this virtual money is often also called digital money, and bitcoin is one of the virtual money / digital money that is famous today so that now bitcoin become one of the digital currencies that are in great demand by the public in this world
member
Activity: 168
Merit: 10
January 30, 2018, 10:13:40 AM
#30
Virtual Money can be defined as a digital representation of value that is issued and controlled by its developers, and used and accepted among the members of a specific (virtual) community.
Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking authority
newbie
Activity: 4
Merit: 0
January 30, 2018, 10:04:17 AM
#29
Virtual currencies on the Internet, such as BTC and LTC, are electronic money generated by open source P2P software. Some people translate bitcoin as "bitkin" Network virtual currency. Mainly used for Internet financial investment, but also as a new currency can be used directly in life.
Yes bitcoin and all its altcoin can be consider as the virtual currency. In fact in modern time the user of virtual currency is now increasing from time to time, because of the increasing interest of the people. I think that their interest will continue increasing for a long time.
legendary
Activity: 2814
Merit: 1192
January 30, 2018, 09:57:36 AM
#28
But on the other hand, if you understand, not so many new topics appear for discussion. Conducted similar topics consider this issue a little differently. Therefore, I see no reason for such harsh criticism. Discussing the same question how good bitcoin from different sides is also boring. Moreover, in the section when discussing bitcoin, I have not yet encountered such a topic. It can be in other sections, in which the forum user can and do not go. Therefore, I do not see anything wrong with if the topics intersect with each other.
It's not about the relevance of the topics but about him leveling sock puppets by starting similar threads at the same time. Don't you see anything wrong with making a new account, starting a thread, making another account, starting a similar thread, and so on? I know that alts are allowed but what he's doing is called farming. And he knows it well because he didn't log back in after being exposed.
jr. member
Activity: 154
Merit: 1
The P2P Marketplace For Digital Content
January 29, 2018, 01:19:38 AM
#27
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 is a digital asset that you can manage (such as investing, trading, etc)
You think bitcoin is unmanageable? Then what do the investors bought for, if their bitcoin unmanageable.
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