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Topic: 6 things bitcoin introduced to us - page 2. (Read 3325 times)

hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
September 16, 2014, 11:02:30 PM
#33
The most important one for me is the ability to make a transaction without the need of a third party or a middleman.  Low fees, fast transaction times, just being a secure place to put money no one else can access and the other features not currently being used that I'm not so familiar with.
hero member
Activity: 612
Merit: 500
September 16, 2014, 10:48:27 PM
#32
Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Other than bitcoin and altcoins, is there any way you can send your money to someone across the globe without a 3rd party involved?
I guess not. Grin
sr. member
Activity: 322
Merit: 250
September 16, 2014, 11:16:01 AM
#31
I love how Satoshi approached the concept of double spending. We can make many copies of digital data, e.g. people copy software and sell it as counterfeit or pirated copies. We may face the same problem with digital currency – one can copy the digital currency (let’s suppose USD10) and use it as many time as he/she like (as many notes of USD10). Satoshi solved this problem by showing all transactions in a public list. Whenever a new transaction is made, its validity is checked by confirming from the list that the digital currency was not used before. This way, no one can copy the currency and use it for more than one time. It’s a simple but effective idea to stop double spending of the same bitcoin.
newbie
Activity: 42
Merit: 0
September 16, 2014, 07:52:36 AM
#30
Bitcoin taught me how to save and buy something I really want.
sr. member
Activity: 1036
Merit: 275
September 09, 2014, 09:00:59 PM
#29
no chargeback that is the best.
hero member
Activity: 759
Merit: 502
September 09, 2014, 06:56:48 PM
#28
Global currency without need of a central authority. Bitcoin become very strong now since so many merchants accepting it, 1 or maybe 2 next years and every major merchant will accept Bitcoin - it tells something about Bitcoin!
legendary
Activity: 2296
Merit: 1014
September 09, 2014, 02:58:11 PM
#27
freedom of payment, keeping your money safe (password in ur head and noone can take it without)
full member
Activity: 153
Merit: 100
September 09, 2014, 02:54:49 PM
#26
Freedom to exchange money globally without the reality of borders or centralized institutions. Beautiful.
newbie
Activity: 14
Merit: 0
September 09, 2014, 10:25:14 AM
#25
Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Go and check on white paper.
member
Activity: 103
Merit: 10
September 09, 2014, 07:59:41 AM
#24
Total fredom to manage your value, call it money, assets, or whatever, but freedom.

So are you a firm believer of it huh.. What will you do if it drops below $300?
newbie
Activity: 56
Merit: 0
September 08, 2014, 09:18:57 AM
#23
Total fredom to manage your value, call it money, assets, or whatever, but freedom.
full member
Activity: 154
Merit: 100
PAMINTA 101
September 08, 2014, 09:15:34 AM
#22
In my opinion, anonymity mostly Smiley
but being anonymous makes it hard to get your btc if you are scammed or the like.
member
Activity: 93
Merit: 10
Imagine Me and You
September 07, 2014, 10:30:01 PM
#21
Anonymity! Smiley That is why I love btc
newbie
Activity: 44
Merit: 0
September 07, 2014, 11:34:53 AM
#20
In my opinion, anonymity mostly Smiley
legendary
Activity: 1134
Merit: 1002
September 07, 2014, 10:14:10 AM
#19
Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Bitcoin transaction is so much better than bank wire or bank transfer, in the sense of speed and cost.
Also, the decentralization property makes it that no one can stop the bitcoin tx as well.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 07, 2014, 09:57:17 AM
#18
decentralization, mining, faster transaction, tax free(maybe not now), just that lol, 6 are too many
legendary
Activity: 1218
Merit: 1007
September 07, 2014, 08:41:44 AM
#17
Low tx fees!
member
Activity: 93
Merit: 10
Imagine Me and You
September 07, 2014, 07:45:49 AM
#16
Is it possible that you can change your bitcoin and credit it to your paypal.

You can use Virwox to sell bitcoin for SLL and further sell SLL for bitcoin.
Or, you can sell bitcoin to another person for paypal on localbitcoins and currency exchange here, but you need to be careful with scammers.

So will be the price still the same in the coin index?
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
September 05, 2014, 04:53:05 PM
#15
I think it introduced a lot of people into markets. They started following the Bitcoin price, maybe did a few trades gained/lost some money and started to familiarize themselves with the respective terms, TA, patterns, etc.
hero member
Activity: 653
Merit: 500
September 05, 2014, 02:41:08 PM
#14
Is it possible that you can change your bitcoin and credit it to your paypal.

You can use Virwox to sell bitcoin for SLL and further sell SLL for bitcoin.
Or, you can sell bitcoin to another person for paypal on localbitcoins and currency exchange here, but you need to be careful with scammers.
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