Topic: What is bitcoin - page 10. (Read 7911 times)
Bitcoin is the, is the decentralized crytocurrency and worldwide pay system,. Its the decentralized digital currency as the system work without a central bank or a single administration. Bitcoin is a digital currency.
Bitcoin is basic virtual money, payment the world, First Altcoin, make many people reach, easy and fist earn bitcoin, Good for invest long time.
bitcoin is a cryptocurrency and payment system around the world. This is the first decentralized digital currency since the system works and we make it easier to send money to bitcoin without passing the central bank these transactions are proven by nodes of the network by using cryptography and recorded in a public distribution with the ledger of a blockchain. 
Bitcoin is the number one and the highest cryptocurrency which the value price really upgrading.This is the best of all cryptocurrency coins which people really need to earn and invest because of it's unique and understimated value.It is the most popular coin and the number one in online investment.
Bitcoin is a digital money where it has no physical appearance and can only used online as an asset or to buy goods. It is a cryptocurrency.
bitcoin is a cryptocurrency and payment system around the world. This is the first decentralized digital currency since the system works and we make it easier to send money to bitcoin without passing the central bank these transactions are proven by nodes of the network by using cryptography and recorded in a public distribution with the ledger of a blockchain.
Bitcoin is a digital decentralized cryptocurrency ,started at the year 2008 by an unknown person or company named as Satoshi Nakamoto.Anyhow It is globally accepted and the transaction is done easily and cheaply without a middleman interference.Transactions are done with person to person from wallet to wallet.In the beginning the price was too low and by last year the price shooted up like rocket speed.
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I also tell them to google it if they want more information. Honestly it's fucking annoying when people that are clueless start making all these questions. It's going to be easy for them to just start doing some research. I tell them that it's a decentralized currency but it's better used as a store of value rather than a currency because it's honestly pretty stupid to spend your BTC on groceries when you know it's going to go up, similarly to how it's stupid to buy groceries with gold.
I absolutely agree with you. Very much annoying questions about bitcoin from people who have not previously heard about this type of currency. And annoying questions of people who know about bitcoin, but for some reason are afraid to invest in it. But these people still get bored with questions ...
I tell them this: "Google to help"
Bitcoin is a digital currency and a currency which is going to replace paper currency in future. You may refer your friends or family to google bitcoin or suggest them some youtube videos about bitcoin for a clear understanding. Bitcoin not only used as digital currency, it is one of the best investment for bullish growth and also you can brief them about the block chain technology used in crypto which is an advanced technology.
What is bitcoin? Bitcoin is one of digital money or cryptocurrency . Bitcoin can use to invest and cans used to pay bills or to transac.
Bitcoin is a known to everyone which is a source of funds and kinda business that everyone can avail. Bitcoin is a worldwide cryptocurrencies and digital payment system in which we can transact and the currency of this will be use as way of payment. During transaction it is transparent and real. Bitcoin also is a new currency which everyone knew what bitcoin goes in it. The progress is so fast and the development is build.
Bitcoins is a worldwide crypto currency and digital payment system. Also it is as a decentralised digital currency as this system works without a authority.
Transaction are made between people's without an intermediary. These transaction are verified by network node and recorded in block chain.
It can be exchanged in return of currency or services or goods. Bitcoin is becoming an investment.
Its popularity is growing and the price is increasing too.
Transaction are made between people's without an intermediary. These transaction are verified by network node and recorded in block chain.
It can be exchanged in return of currency or services or goods. Bitcoin is becoming an investment.
Its popularity is growing and the price is increasing too.
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! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017.
Bitcoin is like an online bank worldwide, thru bitcoin you can buy or sell, mining and trading.
Bitcoins is very profitable and is good for long term investment because the value of bitcoins is increasing consistently and you need.Bitcpin can help you so much especially in your financial needs.It can make ypir financial status change.
Bitcoin is a virtual digital currency, the demand for money, if we are not willing to use bitcoin, then it has no circulation purposes, that is worthless. If there are many people who use bitcoin, then the demand for money exceeds supply, the value of money is added, just as the appreciation of the renminbi.
The concept of bitcoin is hard to understand for those without an in-depth knowledge of bitcoin. In general, I would simply say that it's a digital transaction that we can learn more from Google.
Bitcoin is the first of the cryptocurrencies presently being employed as digital currency to pay for goods and services and also a means of payment.
That's simply put.
That's simply put.
Bitcoin has best and most skilled developer.Has biggest and most secure network ,first crypto created blockchain , father of all alts, use as mode of payments, is an investment, our future money.
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
It is indeed a complicated question and not answerable by simple explanations. So e asked me before but not what is bitcoin. They asked how they could start in bitcoin so it means they already have an idea of what bitcoin is and no need more explanations. If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Bitcoin is a crypto currency a digital money,it is our future money. Bitcoin can be used as the mode of payment in some businesses or stores.
It has the highest value in the crypto market today, it's a good source of income, and for investment, it gives profit. We can use bitcoin for payments through internet, to pay our bills as well as shopping online. Bitcoin is very profitable and valuable currency. It was created by Satoshi Nakamoto.
It has the highest value in the crypto market today, it's a good source of income, and for investment, it gives profit. We can use bitcoin for payments through internet, to pay our bills as well as shopping online. Bitcoin is very profitable and valuable currency. It was created by Satoshi Nakamoto.
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