What Is Bitcoin? - page 8. | Bitcointalksearch.org

richmcrich

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Merit: 507

Quote from: Granslam on November 17, 2017, 10:57:25 PM

Quote from: skyline247 on July 02, 2017, 01:27:21 AM

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is the first cryptocurrency an ld it is a digital money you can use this to transaction very fast because it peer to peer actually bitcoin is money because you can convert it into fiat money / real money to buy anything that you want.

At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transaction by checking wiring, or cash.Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the block chain.

Bitcoin is decentralized, anonymous, easy to setup,tax free and totally transparent. It is so fast and as currency used on different websites as well.

RahulRana

newbie

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Bitcoin is a digital currency. It is also know as cryptocurrency.it is internet money.this is easy and fast way of saving money with the help of Internet.

Ais08

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Bitcoin is the currency of the future, where everyone easily gets it, and bitcoin greatly facilitates its users to transfer money quickly and accurately, as well as it's business as well as other things ...

ravancharles

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Bitcoin is a kind of cryptocurrency that can use to earn and as a source of investment.

@ace

newbie

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Bitcoin is a form of digital currency, created and held electronically. An Easy and fast way to earn money. It's decentralized, bitcoin network isn’t controlled by one central authority, transparent and use for more transaction over the network.

MuhamadDikri

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Activity: 1022

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Working Hard?? Working Smart!!

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most common currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never be done more from one time.

. "google source "

jekjekey

newbie

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Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name.

Rahul5577

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Activity: 238

Merit: 10

Quote from: ArIMy11 on July 26, 2017, 10:11:43 PM

Quote from: skyline247 on July 02, 2017, 01:27:21 AM

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is a worldwide cryptocurrency and digital payment system.It is called the first decentralized digital currency. I knew the bitcoin is introduced to whole world as an open source project.

cyriljundos

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Activity: 432

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Bitfresh - iGaming with 90s UI

for me about bitcoin is important because of this you can raise money even at home and it can be very helpful in family and in
You and your children will inherit it with my children

Larry Lantern

newbie

Activity: 155

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Bitcoin is the world's famous crypto currency. Where you can change internet money into fiat money. Created by the "satoshi nakamotoS"

MiF

sr. member

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Buzz App - Spin wheel, farm rewards

Quote from: Matimtim on November 21, 2017, 04:24:04 PM

Bitcoin is the universal currency, you are able to use who you are, even you are Pilipino,American is anot a matter.

Bitcoin is digital money that's allowed to use as means of payment specially in online shopping. Bitcoin is easy to use, easy to send and to receive with other where they are.

Yes, It is a digital cryptocurrency wherein you are able to purchase something that you need through online. It is money in the internet wherein you can change it into a real money. It is really easy to use and working in here you can gain much income that you can give to your family wherever they are.

awawo

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Bitcoin is a digital currency which is decentralized that mean is not under any authority of central bank of any country,

Ultimist

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I think only the lazy does not know what bitcoin is. And most who know consider it a bubble, but nothing will take another 5-10 years and it will be the main method of calculation in the stores. I believe.

Matimtim

full member

Activity: 868

Merit: 108

Bitcoin is the universal currency, you are able to use who you are, even you are Pilipino,American is anot a matter.

Bitcoin is digital money that's allowed to use as means of payment specially in online shopping. Bitcoin is easy to use, easy to send and to receive with other where they are.

readygoaw

full member

Activity: 476

Merit: 105

Of course, everybody will tell you that this is the first cryptocurrency that has managed to grow from several cents in 2009 to over $8000 this November. For me Bitcoin is a sense of freedom, freedom from taxes and the way to earn for living.

Larry Lantern

newbie

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Is The world's most famous crypto currency (internet money) which can be converted into fiat money. You can get bitcoin through the internet.

Anita1873

full member

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Bitcoin is a digital currency of crypto market that can be transfer to another person without a bank account. In fact Bitcoins are not issued by any bank or government, So people wants to keep it like gold.

seanskie18

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Activity: 391

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SOL.BIOKRIPT.COM

Bitcoin is a hope for everyone. It is also the new currency that is digital based. It can be used in paying bills, paying online shopping and loads online.

BraveSpirit

newbie

Activity: 25

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Bitcoin is the first digital currency worldwide that was created in 2009. It is created and held electronically like in computers. Bitcoin is the origin of all cryptocurrencies existing nowadays. The good thing in bitcoin is that it is decentralized, no one controls over it unlike in a bank and any transactions made in bitcoin are free of charge. Also, bitcoins received will be stored in a bitcoin wallet.

Raisul Islam

newbie

Activity: 99

Merit: 0

Bitcoin is cryptocurrency.it's a digital currency also.in this crypto world bitcoin is the king of coin.thank you.

Topic: What Is Bitcoin? - page 8. (Read 5029 times)