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Topic: The phrase to describe Bitcoin (Read 1820 times)

full member
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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
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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
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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
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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
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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
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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
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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
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September 10, 2017, 03:06:40 PM
#56
The phrase to describe Bitcoin:

Bitcoin is a form of investment.
full member
Activity: 229
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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
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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
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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.
copper member
Activity: 1050
Merit: 500
September 07, 2017, 09:45:50 PM
#49
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
hero member
Activity: 700
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September 07, 2017, 08:38:28 PM
#48
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.
copper member
Activity: 1050
Merit: 500
September 07, 2017, 06:01:06 PM
#47
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.
full member
Activity: 140
Merit: 100
September 07, 2017, 04:25:55 PM
#46
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 a brilliant discovery, which has changed the lives of many people in the World become the better, returning justice to us who have been snatched away by the cruel system (the Bank). Bitcoin belong for everyone, and will be the future we build."
hero member
Activity: 812
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September 07, 2017, 03:40:35 PM
#45
Bitcoin is a online currency or a coin like everyone calls it but with it you can do many activities which is either banned or is not worth. Example trading , gambling , funding a credit card and many more. The phrase would be ' No one liked me first but now i don't like anyone'
sr. member
Activity: 364
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September 07, 2017, 09:27:17 AM
#44
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."

My phrase that I thought to describe bitcoin is "Bitcoin, the future of those people who are in poverty". We all know that poverty is one of the problem of each country. Yes some country has just minimal poverty rate but in my country poverty rate is very high. But by the help of bitcoin it reduces the poverty rate in our country. Because bitcoin is just easy to earn even you are undergraduate.
sr. member
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September 07, 2017, 09:09:55 AM
#43
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.
newbie
Activity: 2
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September 06, 2017, 06:02:51 PM
#42
"Global Currency for the global village".
sr. member
Activity: 420
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September 06, 2017, 05:39:01 PM
#41
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.

Well, is that related to the topic? They're asking for a phrase to describe bitcoin under this thread. For instance, my phrase is: You have not limits with bitcoin, either in crypto markets or in daily life.
full member
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September 06, 2017, 05:32:29 PM
#40
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.
full member
Activity: 1232
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September 06, 2017, 05:23:35 PM
#39
If will describe bitcoin in a phrase, I'll say "Bitcoin is a life changer". Bitcoin gives many advantages to us because it makes our transacations faster than before and even a student like me can now earn money (I really hope soon) even I'm still
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."
If I will describe bitcoin in a phrase, I'll say a " A Life Changer" . Bitcoin gives many advantages to us because it makes our life easier; it brings us faster transactions than before and even a student like me who are not yet able to find a source of income can earn money now Smiley (I hope very soon).

newbie
Activity: 1
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September 06, 2017, 01:39:08 PM
#38
Bitcoin is tough to spend and today isn't very useful.

In it for the long run.
legendary
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September 06, 2017, 09:24:08 AM
#37
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.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.

Probably the post really would mean the general and with the most people in it and thats the community. I kind of like this idea because most issues in this community is how the government could handle or manipulate btc users in there own economy. Not totally free in some countries but at least it is not easy for the for an entity to control btc.
I guess early adapters has the advantage when it comes to the market and I think those late adapters would be the ones suffering if what you have said is true about someone whose manipulating or behind the prices. Anyway there are so many possibilities that can happen, maybe those late adapters may surpass those early birds i think.
hero member
Activity: 896
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September 06, 2017, 09:21:26 AM
#36
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."

The phrase you said can be determine with the word 'decentralize' as any other altcoins also claiming of. Bitcoin nowadays is not free anymore at all because of this high fee in transactions that sending a micro payments is regretful.

But let's hope that the scaling of bitcoin will help this transaction fees to go low again so that almost free transaction fee is achievable again and people will use micro payments again.
There is a significant drop in fees right now. Segwit effects have started showing. Today only I send 0.2 BTC with Network fees of 0.0005 and my transaction got confirmed in less than half an hour. If you are not able to reap benefits of low fees, then problem is with your wallet provider. They are charging you more. Kindly look into it
hero member
Activity: 1120
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September 06, 2017, 09:02:36 AM
#35
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.
,yes it is, and it should be. one thing you need is discipline, it is a matter of choice form what you want and what you need the most and as an example is time management. if you just keep on complaining you were cramming and your schedule is to tight, then you are not well disciplined. Back to bitcoin, it needs patience and as well time management and discipline.
"With faith, discipline and selfless devotion to duty, there is nothing worthwhile that you cannot achieve." -Quaid e Azam Muhammad Ali Jinnah-
Discipline is essential for success in life and a person should practice it in every field of his life. Time is money and smart people do not waste such precious asset. Bitcoin is no more different than other matters of life in this perspective.
sr. member
Activity: 378
Merit: 250
September 06, 2017, 05:49:32 AM
#34
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."

The phrase you said can be determine with the word 'decentralize' as any other altcoins also claiming of. Bitcoin nowadays is not free anymore at all because of this high fee in transactions that sending a micro payments is regretful.

But let's hope that the scaling of bitcoin will help this transaction fees to go low again so that almost free transaction fee is achievable again and people will use micro payments again.
sr. member
Activity: 798
Merit: 258
September 06, 2017, 05:42:14 AM
#33
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 can get every material things in this world to achieved all of my dreams through Bitcoins"
I think this one is enough to say that I am much very happy of doing bitcoin as part of my life now. Wink
full member
Activity: 588
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September 06, 2017, 04:09:52 AM
#32
For me the best phrase to describe bitcoin is "In order for you to get rich, you have to be making money even if you are asleep". This phrase best describes bitcoin for me because I think one would be a hypocrite if you do not admit you are here for the money, and we all are here for the money; thus through bitcoin or even altcoins they are constantly moving its price every minute so even if you are asleep the capital you are investing in these coins are moving.

Wow I like that phrase also. It really described how and what bitcoin can make us rich.
Meaningful and catchy. Yeah we're all here because of money and bitcoin can give this to us if we're smart and wise trader. With the right capital and right choice of coins becoming rich will be within reach by our hands.
legendary
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September 06, 2017, 03:26:07 AM
#31
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^
legendary
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September 06, 2017, 03:05:25 AM
#30
For me the best phrase to describe bitcoin is "In order for you to get rich, you have to be making money even if you are asleep". This phrase best describes bitcoin for me because I think one would be a hypocrite if you do not admit you are here for the money, and we all are here for the money; thus through bitcoin or even altcoins they are constantly moving its price every minute so even if you are asleep the capital you are investing in these coins are moving

But this phrase is not about Bitcoin

Though it is certainly applicable to Bitcoin speculators and profiteers as well, while some will never forget to add that this is against Bitcoin nature and Satoshi's vision. Virtually the same can be said in respect to any investment, and, in fact, this is what Warenn Buffett said. He said (and I fully agree with him) that if you don't find a way to make money while you sleep, you will work until you die
sr. member
Activity: 503
Merit: 250
September 06, 2017, 02:32:11 AM
#29
For me the best phrase to describe bitcoin is "In order for you to get rich, you have to be making money even if you are asleep". This phrase best describes bitcoin for me because I think one would be a hypocrite if you do not admit you are here for the money, and we all are here for the money; thus through bitcoin or even altcoins they are constantly moving its price every minute so even if you are asleep the capital you are investing in these coins are moving.
The part of having money even asleep were indeed true, we can actually have in bitcoin anytime ,indeed "Bitcoin is the future, many will depend on it to be successful".
sr. member
Activity: 812
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September 06, 2017, 02:13:12 AM
#28
For me the best phrase to describe bitcoin is "In order for you to get rich, you have to be making money even if you are asleep". This phrase best describes bitcoin for me because I think one would be a hypocrite if you do not admit you are here for the money, and we all are here for the money; thus through bitcoin or even altcoins they are constantly moving its price every minute so even if you are asleep the capital you are investing in these coins are moving.
hero member
Activity: 490
Merit: 501
September 06, 2017, 01:42:32 AM
#27
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."

The dream that bitcoin can be the vehicle so that we can get away from the control and undue influence of the government is just a myth...a big myth in fact. The recent announcement from China on ICO is just a tip of the iceberg on this fact. The government can easily ban Bitcoin if it wants to...in case it would decide that Bitcoin is causing unnecessary troubles for them and they can do it anytime. We are just lucky that many government authorities are right now using their heads by accepting Bitcoin but must be under some strict regulations and rules that everybody must follow.

How Bitcoin would evolved in this environment we have right now remains to be seen and it is hard to predict where cryptocurrency as a whole is heading to. Later on there can be developments that can hinder further growth for Bitcoin or on the other hand there can be changes that can push the Bitcoin movement forward with much vigor and momentum...let's hope that in the end it is the latter that will make it.
sr. member
Activity: 686
Merit: 250
September 05, 2017, 11:27:52 PM
#26
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.
While what you say is is the complete truth I think that was bound to happen, people try to get an edge and that is why we see miners trying to push their own agenda, the whales trying to manipulate the price, and common people supporting forks so they get more airdrops.
member
Activity: 60
Merit: 10
September 05, 2017, 07:55:00 PM
#25
Bitcoin is like the other actual currencies, the difference is just it is traded and held in digital way and through technology. I also serves as an investment as it has it's own rate.
full member
Activity: 172
Merit: 100
September 05, 2017, 07:44:31 PM
#24
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 the financial instrument which provides great profits to its investors.

Personally like this one above, I created it. And the one below too.

Another one could be: Bitcoin is the free economis system where everybody has the same rights on blockchain.
sr. member
Activity: 672
Merit: 250
September 05, 2017, 06:52:02 PM
#23
"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 very technical but it is true. It is a quite fact that bitcoin is a digital and a way crypto-currency form currency that offers faster and reliable transaction for price to deal with a good earning in the future. And it is intangible so it more likely to have security in terms of transaction.
sr. member
Activity: 1372
Merit: 255
September 05, 2017, 06:19:42 PM
#22
Bitcoin is a digital gold as the price is increasing steady time after time. In the few years we can see Bitcoin in 5 to 6 figures
full member
Activity: 418
Merit: 100
September 05, 2017, 06:13:57 PM
#21
bitcoin is a future money technology that is designed to be free of inflation and in the circulation of bitcoin without any intervention from the government, unlike money that circulation is always monitored by the government. it's in my opinion
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
September 05, 2017, 06:09:24 PM
#20
"Free money."

(Free as in freedom)


On a more serious note I would describe cryptocurrencies as "permissionless, decentralized, digital cash".
hero member
Activity: 910
Merit: 523
September 05, 2017, 05:58:34 PM
#19
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 don't think so, Government could ban bitcoin and you won't say free from the oppression of governments.
Bitcoin is King of cryptocurrencies, the first one and the most trusted digital currency, even there are some coins that literally better than bitcoin but doesn't mean people will divert their support. I consider bitcoin as a better monetary systems that still on development, inside and outside.
full member
Activity: 150
Merit: 100
September 05, 2017, 04:49:01 PM
#18
As for me, bitcoin is a newcomer in financial world, which represents its own ideas and the ways of trading. But as all newcomers it would be replaced by a better one and more stable coin Smiley
I agree with you.. and every newcomer have his enemies.
sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
September 05, 2017, 12:32:47 PM
#17
As for me, bitcoin is a newcomer in financial world, which represents its own ideas and the ways of trading. But as all newcomers it would be replaced by a better one and more stable coin Smiley
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
September 05, 2017, 12:03:22 PM
#16
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.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.

By which people, I'm sorry?

In Bitcoin it is miners mixed with big holders who rule it (which are often the same folks). If we remove miners from the equation (I guess that would mean a PoS coin), we are still left with big holders. And this is how things end up eventually, i.e. a small group of people grabs most of everything in the end. I'm curious if some coin would make any economic sense if it couldn't be hoarded. If it doesn't (which seems to be the case), then the whole story behind the "people currency" is inherently wrong and entirely false
sr. member
Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
September 05, 2017, 12:00:23 PM
#15

Yeah free from oppression of government but don't know for how long. The china already started showing off their government skills by shutting down the ICO which is ethereum based but still a trouble maker announcement. I can't get rid of that news and it correlates to everything on this forum. That's a headache now.

Anyway, in other perspective off course bitcoin is whole new currency with pure form of fiat embedded deep inside it when it gets published in the world after few years. I'm sticking to that thought a lot now. The progress is going great in the world of crypto which names our bitcoin more stable and long sustainable coin or crypto.
hero member
Activity: 868
Merit: 535
September 05, 2017, 11:03:27 AM
#14
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."

It is good, but to be honest it attacks the government too much. Remember, without governments then there would only be utter chaos in the world.
Governments were made for the purpose of further progressing a civilized society. Where the citizens pay for the government so it can function as it is
necessary for the survival of all the citizens.
full member
Activity: 443
Merit: 110
September 05, 2017, 10:07:53 AM
#13
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.
,yes it is, and it should be. one thing you need is discipline, it is a matter of choice form what you want and what you need the most and as an example is time management. if you just keep on complaining you were cramming and your schedule is to tight, then you are not well disciplined. Back to bitcoin, it needs patience and as well time management and discipline.
sr. member
Activity: 475
Merit: 500
September 05, 2017, 08:44:06 AM
#12
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.
member
Activity: 122
Merit: 23
September 05, 2017, 08:39:12 AM
#11
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.
sr. member
Activity: 658
Merit: 251
September 05, 2017, 07:25:40 AM
#10
My life changes when I know bitcoin, I am a housewife who only uses social media just to find old friends but now know my bitcoin is more colorful by just sitting in front of my monitor can get additional income for shopping.

The phrase to describe Bitcoin : "Hopefully with Bitcoin my dream will come true"  Grin
member
Activity: 70
Merit: 10
September 05, 2017, 06:23:35 AM
#9
The most important phrase to describe Bitcoin is Rich.
legendary
Activity: 2562
Merit: 1441
September 05, 2017, 06:01:11 AM
#8
Bitcoin could be one of the greatest inventions & innovations made in decades.

It could cause a widespread revolution in financial and banking industries where people are forced to rethink the way they've done things over the last 50 years and realize a better method has been found which makes our old ways of thinking about those things obsolete.

The segway was once hyped as being the next big thing. From a historical perspective its difficult to think of anything that has the potential to completely change how we think about and use money the way that bitcoin has. That could be significant within the grand scheme of things.
sr. member
Activity: 546
Merit: 250
September 05, 2017, 05:51:03 AM
#7
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.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.

Probably the post really would mean the general and with the most people in it and thats the community. I kind of like this idea because most issues in this community is how the government could handle or manipulate btc users in there own economy. Not totally free in some countries but at least it is not easy for the for an entity to control btc.
sr. member
Activity: 2660
Merit: 339
September 05, 2017, 03:44:30 AM
#6
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.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.
full member
Activity: 364
Merit: 106
September 02, 2017, 11:42:06 AM
#5
I would say that bitcoin is "a breath of fresh air for the modern financial system". We constantly see how in all countries there are financial crisis. It's a death sentence for the existing financial system. Only bitcoin will help people to survive the time of troubles.
legendary
Activity: 1918
Merit: 1728
September 02, 2017, 10:51:52 AM
#4
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."

Though apparently it seems to be free from government's regulations but in practical it isn't.
As far as if we remain in Bitcoin ecosystem, there isn't any worries. But when we either leave or enter Bitcoin arena by selling or buying it for fiat respectively, we are under radar of government. For newcomers only viable instrument to get Bitcoins is buying them for cash and when they do so they aren't anonymous anymore.

PS: Topic is in wrong section. Move it to 'Bitcoin Discussion'. 
newbie
Activity: 50
Merit: 0
September 02, 2017, 10:13:23 AM
#3
"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"
hero member
Activity: 3164
Merit: 937
September 02, 2017, 07:00:50 AM
#2
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.
member
Activity: 119
Merit: 10
September 01, 2017, 06:03:41 PM
#1
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."
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