Hello and why I believe Bitcoin is a good technology - page 2.

Zlantann

legendary

Activity: 1022

Merit: 1091

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

Welcome to the forum buddy.

The Bitcoin system is not difficult to understand if you have an interest in it. Although it is a broad field with some forms of technicalities, you can still understand the basic concept. You also decide to focus on some specialized areas like the technical and mining sectors. You just need to be exposed to the right learning materials and people for you to gain mastery of these sectors. Many people in my country have not been able to buy Bitcoin because they don't know that it could be bought in bits. OP you don't need to have money to buy one Bitcoin before you can own it. You can buy some units based on your financial strength.

I will also suggest to you OP that you spend more time reading instead of creating threads. When it comes to Bitcoin education, this forum is one of the best. I hope your stay here will be fruitful.

Tmoonz

sr. member

Activity: 308

Merit: 256

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

It never too late and Bitcoin is still very much obtainable, and it doesn't seems to be as difficult as you say, firstly you to understand that Bitcoin investment is not a quick and get rich quick scheme, it requires patient and alot of it for any one to truly enjoy the full benefits of Bitcoin, the DCA strategy of accumulating Bitcoin ha s made very easy for any kind of Bitcoin investors since you will not be buying a Bitcoin but a fraction of Satoshi as much as comfortably as you can be either weekly or monthly irrespective of price point on different intervals. It is expected that you invest when there is money readily available for investment after taken care of whatever might have been considered to be a basic needs and a provisional emergency funds, investing from your disposable income will allow to invest more comfortably without selling too soon when you are meant to be accumulating Bitcoin. However, you are welcome to Bitcointalk forum and Bitcoin space I wish the best as you navigate the forum and explore in your Bitcoin journey.

letteredhub

sr. member

Activity: 644

Merit: 262

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I do have this perspective about bitcoin that despite what the price is now compared to very price of early times past we haven't yet gotten to that stage where anyone should think that they are coming late to invest in bitcoin. It's what and how you utilize the opportunity within the time you got on board that very much matters. There's still open opportunity to make profit for a long term investment.

When obtaining your bitcoin make sure you have to store your coins in a self-custodial wallet like electrum, never leave your coins in a CEX as it's not safe. Here's a link you can use to have more insight about electrum wallet and how it looks like https://bitcointalksearch.org/topic/m.37162163

Aside electrum you can check for extra safe wallets for bitcoin below:
Which Bitcoin wallet to use (by Lauda) https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151

Stalker22

legendary

Activity: 1526

Merit: 1359

Hey there! Welcome to Bitcointalk!

Trust me, when I first started lurking around here trying to soak up some Bitcoin knowledge, my head was spinning! Between the price swings, big institutional investors and early adopter whales, it can all feel so unfair, like the deck is stacked against us little guys.

But heres the thing - Bitcoin doesnt care about fairness. Its a cold, hard protocol doing its thing whether we understand it or not. There arent any slices of pie being handed out. You have got to put some skin in the game if you want to get some. Luckily this forum is filled with articles and fiery debates from Bitcoiners way smarter than me. I may not understand it all yet, but I keep finding gems that help me learn how to get my little piece of the action. Stick around and you might just get yours too!

Pmalek

legendary

Activity: 2730

Merit: 7065

It's never too late to start. Don't look at Bitcoin as only a way to make money and lots of it. Bitcoin is financial independence, and you can't be late to that.
I saw a great tweet the other day where the poster compared Bitcoin with the internet. The tweet showed an article posted decades ago saying that the internet doesn't have many use cases, and how many people are already giving up on it. Look where we are today, and how important internet is in everyday life. That's the crossroads where Bitcoin is right now. It's a technology many people are skeptical about and the elites are trying to hamper. It's still early on.

Felicity_Tide

full member

Activity: 168

Merit: 138

cout << "Bitcoin";

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult,

It's too early to start making conclusions about the difficulty of Bitcoin. If you truly want to learn about Bitcoin, you should have a aim or purpose on why you want to learn. Is it solely for the money aspect, or to understand how Bitcoin works, or for both reasons. I don't know about others, but I think learning about how Bitcoin works gives you a better chance to interact and also understand ideas that other forum members are trying to pass.

In as much as the money aspect of Bitcoin is important, the technology aspect shouldn't be exempted either. Acquiring the knowledge of Bitcoin technicalities is so interesting.

Here is a statement I was able to quote from the book: The internet of money(volume one), which was a huge motivation to me.

Quote from: Andreas M. Antonopoulos

If you understand that bitcoin is a technology and not just a currency, you can truly grasp the importance it
has.

Reference: https://drive.google.com/file/d/1ldSYNJBGIOTPtS3-q0eP_UNon8XN9sJ6/view

Quote

we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

Of course, here on BTT, we have not just experts, but also those with experience that are already in the game, and can help you clear every doubt and wrong ideology regarding Bitcoin technology and investment, but you have your own part to play by learning and reading across materials that are Bitcoin related. Try as much to ask questions, because anything concerning Bitcoin does not work base on assumption.

Quote

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I think Upgrade00 has provided an answer to this.

SquirrelJulietGarden

hero member

Activity: 1442

Merit: 775

Quote from: Upgrade00 on June 30, 2024, 05:59:37 AM

Bitcoin is very obtainable. You don't have to buy one unit of Bitcoin, it can be broken down and you'll get $1000 worth or $100 or $10, whichever amount is closer to your reach.

Bitcoin is perfect for DCA strategy (Dollar Cost Averaging) because you can buy any increment of bitcoin that fits your available capital. The smallest unit of Bitcoin is satoshi, more about Bitcoin units is below.

[Did you know?] Bitcoin Table of Units

If purchase is planned on centralized exchanges, you have to read their pages with information on minimum trade (assume it is $10), minimum withdrawal and withdrawal fee to have more detailed plan on your investment, DCA and withdrawal.

Quote

You're also not late, Bitcoin is in its second decade and is still only used by a small minority of the world population. You're early

It is actually not too late. People said they are late in 2013, 2014, and even in 2020 or 2021. Now many people wonder they are late and will not join this market but they will be regretful next year, then jump in at ATH and stuck in a bear market.

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

It might be late and Bitcoin seems to be still very unobtainable

Bitcoin is very obtainable. You don't have to buy one unit of Bitcoin, it can be broken down and you'll get $1000 worth or $100 or $10, whichever amount is closer to your reach.
You're also not late, Bitcoin is in its second decade and is still only used by a small minority of the world population. You're early.

Do your reading across the forum, if you're looking to buy search up best exchanges and processes, best wallet to store in and how to secure that wallet.

Ivystar5

newbie

Activity: 17

Merit: 4

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.

Hello to you too mate!

Of course Bitcointalk community has been a great backbone to bitcoin which is also a reason why it was created to help enlighten people and put there difficulties into a simple step.
Alot of people like me and you always believe that bitcoin is difficult to understand but primarily it's very simple, you only have to put in the work and learn. if you dedicate more time to reading articles and learn the basics then it wouldn't be as difficult as it's speculated.

Of the more interesting part of bitcoin journey is the fact that it's not limited to anyone whether you have bitcoin knowledge or not you stand a chance to collect as much bitcoin as you can, along the line you might want to understand and learn is a process so while purchasing and all of that you will learn just the way I'm learning.

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

From my little stay here in Bitcointalk forum, this people here are so great at it that no questions asked here are not solved and I believe you can notice that too. We've got lots of people here and knowledge is being shared.

Quote from: Manila Tanaka on June 30, 2024, 05:40:32 AM

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

Of course it seems it's too late to invest but we've got motivations and a reason to invest in bitcoin to matter what. since bitcoin has not yet been mined finished we can still buy and keep them sefely too.

Manila Tanaka

newbie

Activity: 0

Merit: 0

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

Topic: Hello and why I believe Bitcoin is a good technology - page 2. (Read 319 times)