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Topic: The phrase to describe Bitcoin (Read 1845 times)

full member
Activity: 182
Merit: 100
September 26, 2017, 05:24:31 AM
#69
The Phrase to describe Bitcoin is
 "FUTURE ECONOMIC REVOLUSTION"
"A new hope for the dreamer to be rich"
full member
Activity: 193
Merit: 100
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September 26, 2017, 04:51:21 AM
#68
"Digital and decentralized by nature, Bitcoin is both more liquid and more safe as a storage of wealth than physical gold. Protected from government control and usable worldwide"
"And is a big help in reducing unemployment and gives a person his own time of work", because you only need to sit back and relax at your home and you can be at front of your computer when you're in the mood to do your part here in Bitcoin. So its a big oppurtunity to get an income
hero member
Activity: 882
Merit: 500
September 23, 2017, 05:06:22 AM
#67
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."
I think two lines can explain well about the bitcoin well .
1) It is a mode of payment where no one will exists between the sender and receiver .
Here this line is very unique itself because in my lfie i seen that most of the NRI are using this mode of payment and saying that they sare saving much money from transaction charges with 2-3$ .
2) it is a assets available in the online and we can invest in it .
Since the demand is going investment day by day so people are attracting toward it , opposite of it the supply is going down , so it is a better option for us to invest for long term and make profit .
I hope these two point are describing the bitcoin well .
legendary
Activity: 1204
Merit: 1028
September 23, 2017, 04:58:23 AM
#66
Maybe it's not so easy to explain Bitcoin in just one sentence but for me Bitcoin is global currency for everyone in the world, new opportunity to make better living for everyone. That is how I see it. It can have various forms because it can be used as money, asset, investment. So, it's currency with many faces and that is the great advantage.
Yes it is not as easy task to describe bitcoin in few words. But one thing I want to explain that the value and importance will have to be accepted by all the people in the world. why? Because bitcoin has given a more and more high earning to many people than any other business in the world. In short I will say just that bitcoin is the new digital currency all over the world of the coming era.
newbie
Activity: 33
Merit: 0
September 19, 2017, 11:56:00 AM
#65
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."
Its interesting how government has become synonymous with bad things. Even Bitcoin needs some form of governance. De-centralised, peer to peer, democratic, are these not the same values we should strive for with governments.
full member
Activity: 355
Merit: 100
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September 19, 2017, 11:47:01 AM
#64
The new form of currency , that could help for the innovation on transactions. In the first place bitcoin is a form of currency which is a part of the technology where it could actually give people a way to deal with transaction in a more fast and reliable way. It is a good thing to consider because it could also a opportunity for people to earn and to have a profit in the future.
newbie
Activity: 8
Merit: 0
September 19, 2017, 11:27:09 AM
#63
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Free from government oppression-yes,but not free from miners,"hard fork supporters",big holders trying to manipulate the market price and "off-chain" supporters.I think the term "crowd-economy" is meaningless,what are you trying to say with this?Every economy is a "crowd economy".Obviously we need people (crowd) to have an economy.

For me, bitcoin is not just a just...something that will gain people's trust. HAPPYBITCOINING! HAPPYALNG!
member
Activity: 72
Merit: 10
September 14, 2017, 07:22:17 AM
#62
I would say that "Bitcoin is the famous online business to earn money easily, because bitcoin is not illegal in our country" Bitcoin can help some people to be out from poverty. Because it helps to pay for some cause and buy what you needs.
sr. member
Activity: 686
Merit: 250
September 12, 2017, 11:04:23 PM
#61
if you already understand the bitcoin system and understand about bitcoin well then you will not be difficult to explain bitcoin to others. so my advice, you better learn and understand well what is bitcoin first, so you do not trouble to explain bitcoin to people.
Explaining bitcoin is not as easy as you may think, many people do not understand how the economy works and they do not see a necessity for something like bitcoin to exists on the first place so it is going to take a lot of time to explain something like bitcoin for those that are unaware of the problems with the current economic system.
legendary
Activity: 2912
Merit: 1068
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September 11, 2017, 02:18:40 PM
#60
Maybe it's not so easy to explain Bitcoin in just one sentence but for me Bitcoin is global currency for everyone in the world, new opportunity to make better living for everyone. That is how I see it. It can have various forms because it can be used as money, asset, investment. So, it's currency with many faces and that is the great advantage.
sr. member
Activity: 686
Merit: 250
September 11, 2017, 01:45:12 PM
#59
Do not fool yourself, governments can still do a lot to slow down Bitcoin, if they wanted to do that. They can ban merchants from accepting it and they can even force banks not to service Bitcoin exchanges. The problem is, Bitcoin comes with several advantages too and they cannot ignore that.

Advantages like, additional tax income and tourist opportunities and new job opportunities. Do not forget that Bitcoin users are voters too and there are currently millions of users/voters using Bitcoin. ^smile^
This is why bitcoin is a double edged sword for them, if they ban bitcoin then that is only going to create an even more underground economy that they do not control, but if they fully accept it bitcoin has the potential to create many jobs but it is also a disruptive technology and such technologies always change the way things are and some people are going to be affected because of that.
newbie
Activity: 28
Merit: 0
September 10, 2017, 06:35:20 PM
#58
At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.
sr. member
Activity: 1484
Merit: 323
September 10, 2017, 05:55:17 PM
#57
"Digital and decentralized by nature, Bitcoin is both more liquid and more safe as a storage of wealth than physical gold. Protected from government control and usable worldwide"
It is undeniable that bitcoin serves as a decentralized crypto-currency that could be used in transaction, investments , trading or ways that could give price a chance to earn and a opportunity to have a profit. It is a good thing to have bitcoin becasue it could also serve as a future currency for fast and reliable transaction.
newbie
Activity: 14
Merit: 0
September 10, 2017, 03:06:40 PM
#56
The phrase to describe Bitcoin:

Bitcoin is a form of investment.
full member
Activity: 229
Merit: 100
September 10, 2017, 11:32:51 AM
#55
"future" is what I want to describe bitcoin. Using bitcoin will make us anonymous and avoid the government from tracing us. Moreover, you can easily control your property without using any third party such as banks. You are fully controlling your funds through bitcoin. Moreover, every transaction on the blockchain is true, you can not fake it or fraud people by creating fake bitcoin.
hero member
Activity: 1246
Merit: 529
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September 10, 2017, 09:00:33 AM
#54
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Well for me, it opened up my eyes to a broader view of the market, that's not controlled by governments and banks. More options, more opportunities safer and faster transactions, i didn't give a damn about all these until i became aware of.bitcoin
legendary
Activity: 3514
Merit: 1280
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September 09, 2017, 01:50:56 AM
#53
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

"Bitcoin is full of controversy"  This is how I describe Bitcoin.   Eversince bitcoin had been involved in several controversies.  From being first decentralized blockchain, and being the currency of illegal trades down to different opposite ideas that results in forks and splits.   The controvery of opposing political agenda of opposing groups, the segwit and higher blocks debates,  the banning of Bitcoin and eventually acceptance of China.  Bitcoin controvery never stop.

Completely disagree with you... Bitcoin is not full of controversy at all... I don't even know where you get that from. Sure, sometimes there is drama or big news, but not really a lot of controversy.

I agree with the previous poster (with whom you disagree)

It is not that other coins are not filled with their own variety of controversy (e.g. Ethereum itself is a can full of worms of its own). Even Litecoin likely has certain issues and its own array of difficulties as well as a few skeletons in the cupboard. Bitcoin is just a top currency even in terms of controversial issues which are constantly and consistently plaguing it. We can't know what its price would be if there were none (or just less), but Bitcoin still rises despite its controversial nature or state (I mean, over long term, of course)
legendary
Activity: 1218
Merit: 1007
September 09, 2017, 01:48:31 AM
#52
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

"Bitcoin is full of controversy"  This is how I describe Bitcoin.   Eversince bitcoin had been involved in several controversies.  From being first decentralized blockchain, and being the currency of illegal trades down to different opposite ideas that results in forks and splits.   The controvery of opposing political agenda of opposing groups, the segwit and higher blocks debates,  the banning of Bitcoin and eventually acceptance of China.  Bitcoin controvery never stop.

Completely disagree with you... Bitcoin is not full of controversy at all... I don't even know where you get that from. Sure, sometimes there is drama or big news, but not really a lot of controversy.

 Grin Grin  It is your point of view so I won't go against your pov, but i would suggest you to read bitcoin history.  if there is something controversial then it is labeled controversy.  It won't be controversial if it is not labelled as such.  For the heads up from google search.

Quote
con·tro·ver·sy
ˈkäntrəˌvərsē/Submit
noun
disagreement, typically when prolonged, public, and heated.
"he sometimes caused controversy because of his forceful views"
synonyms:   disagreement, dispute, argument, debate, dissension, contention, disputation, altercation, wrangle, wrangling, quarrel, quarreling, war of words, storm; More

Hm, I don't know how else I should describe a hard fork with chain split than using the term controversy.
We already had one this year and heading to the next one soon.
So from my point of view, we have drama, we have contoversy, more than necessary.
I would disagree that a fork is "controversy", it's more of a change being given to the blockchain which allows for potential fixes under the right circumstances. If a fork was a controversy, there would often be a lot more discord within the community than what we saw happening. Even with the recent fork, there was a small minority which didn't want to do through with it but they all eventually capitulated. BCH is doing ok, but not spectacular, on exchanges.
hero member
Activity: 910
Merit: 501
September 09, 2017, 01:33:27 AM
#51
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

"Bitcoin is full of controversy"  This is how I describe Bitcoin.   Eversince bitcoin had been involved in several controversies.  From being first decentralized blockchain, and being the currency of illegal trades down to different opposite ideas that results in forks and splits.   The controvery of opposing political agenda of opposing groups, the segwit and higher blocks debates,  the banning of Bitcoin and eventually acceptance of China.  Bitcoin controvery never stop.

Completely disagree with you... Bitcoin is not full of controversy at all... I don't even know where you get that from. Sure, sometimes there is drama or big news, but not really a lot of controversy.

 Grin Grin  It is your point of view so I won't go against your pov, but i would suggest you to read bitcoin history.  if there is something controversial then it is labeled controversy.  It won't be controversial if it is not labelled as such.  For the heads up from google search.

Quote
con·tro·ver·sy
ˈkäntrəˌvərsē/Submit
noun
disagreement, typically when prolonged, public, and heated.
"he sometimes caused controversy because of his forceful views"
synonyms:   disagreement, dispute, argument, debate, dissension, contention, disputation, altercation, wrangle, wrangling, quarrel, quarreling, war of words, storm; More

Hm, I don't know how else I should describe a hard fork with chain split than using the term controversy.
We already had one this year and heading to the next one soon.
So from my point of view, we have drama, we have contoversy, more than necessary.
hero member
Activity: 2828
Merit: 611
September 09, 2017, 01:25:50 AM
#50
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."


Bitcoin can change everything. I personally agree that bitcoin changes the way I live. Because of bitcoin, I learned how to manage my time by making my list containing every agendas. Before, a day will pass that I only finish only one tasks but now everything is in balance.
yes you are right i also like you, i am now more disciplined in managing the time for having to divide between real life with this forum.
That’s great if you are able to manage our time very well now with the help of our respected member. Time management is an important rule to live a prosperous life. Only people who live a disciplined life can succeed in life, those who waste time always stay at lower levels of the society.
Very well said! This is what I think too. There is nothing in life which you can get without being discipline in your life. You need to be disciplined in your life and need to take care of your time in as much efficient way as you can. As we know, time is money. So it is up to you whether you make out money or not.
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