How Would You Explain Bitcoin to a Newbie? - page 6.

spinach98

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Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

Bitcoin let's people money to anyone without a dictating central authority like a bank or PayPal with practically no fees.

trustdee

newbie

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Just say,

We outsmarted the government by inventing a kind of currency that is very secure and does not need bank.

marloupet10

newbie

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Quote from: Jerzzz on October 25, 2017, 11:00:08 AM

say what you experience before you are a newbie in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.

where can i find the signature campaign? -newbie

sharlene

newbie

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By telling him/her to watch videos in youtube about bitcoin.. and to read and read about bitcoin until they fully understand..

nelsledma

sr. member

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Quote from: faycel96 on October 25, 2017, 12:51:54 PM

bitcoin is a virtual currency that is somewhat similar to the known currencies of the dollar, the euro and other currencies, you can sell and buy bitcoin only online without a physical presence .

The way we should tell about bitcoin to the newbies is bitcoin forum because in this forum the newbie will better understand about bitcoin. What is bitcoin and why the people are investing in it. if we able to explain everything to the newbies then definitely they will take interest in bitcoin and by this way all the people in the communities will come to know about bitcoin and the value of bitcoin will go up.

Sid3d

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Quote from: HeRetiK on October 25, 2017, 11:10:10 AM

Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

There is a Russian expression - brevity is the sister of talent. In my opinion, the whole essence of Bitcoin is described in your words.

perfect999

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Quote from: adadaorlina on October 25, 2017, 12:30:32 PM

Tell him what Bitcoin is and share him a story how u start a new currency and how you learn and earn to it, introduced to him this message board forums where people interested in the technical details and the development of Bitcoin for more knowledge.

I think that all the new persons who are unaware of bitcoin should educated properly through the different aspects, like the future of bitcoin, the earnings through bitcoin, the safe and secure investment in bitcoin and so on. I think first of all we should teach the newbies what is bitcoin and why should you invest in bitcoin. What are the features of bitcoin, and when they understand they will invest in bitcoin.

IQeon

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Quote from: AGD on October 25, 2017, 11:19:28 AM

I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t

I know it. Really good suggestion.

Krishan_94

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bitcoin is the first crypto currency which started in 2009 at a rate of cents.. Now it is almost more than 5500$ worth.. Its a future investment and leading crypto currency at the present ..

masonli@M_27

newbie

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Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

bit coin is online money transaction we have to transfer one person to another person and one country to another country. it is completely online transaction and it we never to see. more secure and safe transaction and money earning site. so try to invest in to this. if we have to invest in to this coins and keep hold it few years then you are getting more profit from that. bit coin is future money it has great demand throughout the world. compare to paper currency bit coin has great demand so more people interested to buy it.

akishang

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Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

My answer would be on how it was explained to me. Provide the link to beginners & help section and have your buddy read the post in there. Explaining bitcoin will complicate things especially if someone was talking about bitcoin and have no idea about. When my friend was talking about it, I really don't understand a thing. I told him to send me the link and I will try to study it. Until now, there's a lot of things a don't know but I can learn things by reading the threads on this forum.

AmXProX

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Quote from: spinach98 on October 26, 2017, 05:23:21 PM

Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I will explain bitcoin to a newbie simply by telling that here in this site with bitcoin you can earn money, it is an additional source of income that you can do part time or fulltime. The more effort you exert the more money you can earn.

I think what you're going to explain to that person is this forum website not the bitcoin itself.
It is better to explain to the person if what is the potential of the coin in the future. And the
difference of the coin to gold and fiat currency.

spinach98

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Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I will explain bitcoin to a newbie simply by telling that here in this site with bitcoin you can earn money, it is an additional source of income that you can do part time or fulltime. The more effort you exert the more money you can earn.

Bytem3

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Check this guide: https://coincodex.com/article/27/new-to-cryptocurrency-this-is-how-you-start/

jekjekman

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Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

What is the need of explaining bitcoin to a newbie? To entice them on investing in bitcoin?
Here's what I do. If you want someone to understand bitcoin try to explain them economics,
supply and demand law. how money is working. once they understand it they will understand
how bitcoin works.

wahb

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Quote from: pat4cryptoreal on October 25, 2017, 02:59:15 PM

Just tell the person that bitcoin is a digital currency that is not being regulated by any Central Bank and it can be transfer through internet to any body in any part of the world just within some seconds

But I think it is not so easy to convince a person and specially a newbie. If you are going to explain bitcoin to a newbie, it is too much important that you must also have good knowledge about bitcoin. you can also give him a practical example of yourself, through which we can more easily convince a person about bitcoin.

HeRetiK

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Quote from: Nakamotish on October 25, 2017, 12:14:22 PM

Quote from: HeRetiK on October 25, 2017, 12:08:42 PM

I'm not sure I understand your question. What do you want to do? Get paid online? Use Bitcoin to buy stuff? Use Bitcoin to store money? Use Bitcoin as an investment?

There are a lot of use cases for Bitcoin, some for which Bitcoin more viable than others. You don't have to be rich for any of those, however.

Thank you, I can see you are a hero member here, you have done very well for yourself. I want to make money with bitcoin, please do you have some tips to share?

Well, in this case I will have to simply forward you to this thread:

https://bitcointalksearch.org/topic/general-how-to-earn-bitcoins-1629118

In the end the most effective way to get your hands on BTC is either by buying some BTC or by offering services / goods that people are willing to pay for.

Kolchin

newbie

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Я бы сказал это система в которой нужно разобраться и за ней будущее!!

penig

member

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Quote from: rainbow169 on October 25, 2017, 03:11:40 PM

Especially for Newbie who are aware of all the bad publicity about bitcoin, I will say it's a pyramid scheme, but a very very well run pyramid scheme, so much so that it may replace the previous best run pyramid scheme called gold.

most revealing advice so far. Ask why they might be interested in Bitcoin and pitch to that. You can tell them about anonymity, transactions to anyone in the world etc and they'll shrug their shoulders if none of this applies to them. You can start explaining about how it bypasses the banking system and they may well roll their eyes, do they care? Or you could pitch that its a global internet based investment that has grown from nothing, worth thousands, get involved and it has benefits of transactions etc.

Zorbak

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Quote from: Nakamotish on October 25, 2017, 10:29:11 AM

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

The most difficult it is that most of people they do not even know how FIAT works, they not even imagine that FED it is a private bank which sells USD to USA...even a lot of people still thinking that money it is backed by gold... so I think the best way it is to explain them how fiat works and after that explain what is bitcoin it is going to be very easy.

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