Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: uzair on August 28, 2018, 03:04:35 PM
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I have read a post of an expert and he said that "Dont call Bitcoin is virtual money, you should call Bitcoin as "electronic filler" correctly, calling it "virtual" is completely wrong.
Since it comes from the "virtual" currency, that is the money used in a certain community, for example, you add money to the game, the money in the game is called virtual currency, and it can not be converted. Real money in real life, if so, its value will also push down.
Bitcoin is global and used to buy as much value as real money, and it can convert real money into great value, this is the world's most valuable currency."
What do you think about this opinion, bro?
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Before I used to call it virtual money because I thought it's really for a game (There's a game before that accepting bitcoin as a credit or type of payment to buy items) then after some years being here I don't really considered bitcoin as a virtual money because for me bitcoin will be the future of all currency.
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It is his personal opinion. Since people call Bitcoin as a virtual currency, I think we should follow what most people say. Just ignore him.
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I have read a post of an expert and he said that "Dont call Bitcoin is virtual money, you should call Bitcoin as "electronic filler" correctly, calling it "virtual" is completely wrong.
Since it comes from the "virtual" currency, that is the money used in a certain community, for example, you add money to the game, the money in the game is called virtual currency, and it can not be converted. Real money in real life, if so, its value will also push down.
Bitcoin is global and used to buy as much value as real money, and it can convert real money into great value, this is the world's most valuable currency."
What do you think about this opinion, bro?
If Bitcoin prices passes the 15K, then all the money and all the investors will return to Bitcoin to maximize their earnings. After that, Bitcoin price will go higher and higher as it did last year.
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Before I used to call it virtual money because I thought it's really for a game (There's a game before that accepting bitcoin as a credit or type of payment to buy items) then after some years being here I don't really considered bitcoin as a virtual money because for me bitcoin will be the future of all currency.
So it just shows that bitcoin is a good way to invest. It is a sure investment.
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It is his personal opinion. Since people call Bitcoin as a virtual currency, I think we should follow what most people say. Just ignore him.
Bitcoin is the most dominant currency with roughly a 35% market cap dominance over the entire cryptocurrency market cap.
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bitcoin is more like a hodler of values. It is like gold, whereby itself may not have any purpose but it retain and it grow in value at a steady pace. That is why we say bitcoin is like gold.
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Before I used to call it virtual money because I thought it's really for a game (There's a game before that accepting bitcoin as a credit or type of payment to buy items) then after some years being here I don't really considered bitcoin as a virtual money because for me bitcoin will be the future of all currency.
So it just shows that bitcoin is a good way to invest. It is a sure investment.
For me yes it is a sure investment but we will take a high risk because we all know that at any moment that price coud go dipper or go higher where we bought some of it. But in terms of long term yes it is we just need to invest at a dipped time of bitcoin.
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So true. Bitcoin is not Virtual money that can only be used for certain communities or applications. Bitcoin is Universal which means it can be used and accessed by any community and anywhere in the country. Evidenced by the many countries that begin to recognize crypto money as a digital currency, then crypto or Bitcoin can not be a virtual currency.