What is bitcoin - page 24. | Bitcointalksearch.org

LANZ777

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Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

For me as of now as l've seen in our place bitcoin is the best way to have inscome.ln our place bitcoin gives life to people.All un employed at home is having un icome because of bitcoin.Bitcoin is a digital money that can get cash easily.

naitik01

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Bitcoin is the digital money. It is called a type of cryptocurrency. bitcoin is freedom from us cash and fear.We can get Bitcoin anywhere through internet.

1020kingz

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Bitcoin is a form of digital money (cryptocurrency) that has its own value, but the difference of bitcoin and real money is bitcoin is increasing its value in due time, many of my friends always asking me what is bitcoin, but I dont explain them what bitcoin really is, I just say to them that they can earn profit when they invest in bitcoin and ask them to search to the internet on how bitcoin really works and what it is. Its better to refer them to the internet to search for it rather than explaining what it is.

sunno330

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Bitcoin is a crypto currency, which is online based. Any thing you want to do this. Most of the matter is you can get more profitable way from bitcoin. You can buy alt coin, and can make more profit and you can rich yourself. Bitcoin is so good any other currency.

Dewi08

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Bitcoin can be everything that makes people who hold it will make it easier for businessmen to transact between countries, but many risks must be accepted for the holder in any case they still have to be careful to choose their investment to get to a larger profit .. .

thehero

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bitcoin is a digital currency can be used for online transactions and also payments.

Dudeperfect

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When I think about it, I believe that it is a payment system with a clever code like never before that is giving us the more benefits as compared to the traditional payment systems. This enables us to transfer values without permission and intervention of the third party even on a global level. Since it is in the early phase, there are the chances of speculative gains down the road but preliminary it is a payment system.

Adioliver

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Yes this is a question which boggles even the minds of people who know a lot about bitcoins.Even I find it hard to explain what is a bitcoin when someone asks me about it.Actually it's so complicated that we can never finish defining it.I would say that bitcoin is a high technology based digital currency which was created in 2009 by an anonymous genius known as Satoshi,his whereabouts are still unknown.Bitcoin is known as "The Father of cryptocurrencies" as it is the first of it's kind.Bitcoin is a currency with unstable value i.e it's value keeps on fluctuating from time to time.

tanu01

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Bitcoin is a digital crypto currency. for the past few years, bitcoin has maintained it's price value in the market.

cherrymobile

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Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

Bitcoin is the first cryptocurrency and this is popular to all people especially to investor thats whybitcoin continiously to increaase bitcoin for me is a hope for all people because it can give a money for us to buy and pey our debts and bills etc.

Tiktik

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Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

Bitcoin is a digital currency that many goverments hate this because bitcoin can not control by any goverment and this bitcoin is working because of the internet you can use mining trasing investing and etc to get this bitcoin is profitable.

ictin

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I think I will answer that Bitcoin is a kind of money which investor can invest in it and earn the profit. Besides, It can be used for transaction payment without the third party.

corroze

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for me bitcoin is not just a currency that works for payment transactions but now bitcoin has become an asset that is really valuable to my life and of course for all other bitcoin users,
the role of bitcoin is so great on the economic changes that occur to each user, and is able to reduce the unemployment rate in this country, although currently the role of bitcoin can not be maximized by the government in my country but of course its contribution can be obtained by all users in the country this.

Bakote16916

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Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

This is what I most often experience, some of my friends many who want to know what it is actually bitcoin and how to get it, I also can only explain a little what I know bitcoin is a virtual currency equal to dollar. which distinguishes bitcoin exists only in the digital world. How to get it can be from the signature campaign. That's all I can explain to them because I myself still have a lot to learn and they understand a bit and are interested in bitcoin.

saymon320

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bitcoin is a one kind of digital currency, its popularity day by day increasing.that's why I loved most bitcoin.

Ains_sama

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I also often get questions like that, what is bitcoin.? and I always answer bitcoin is digital currency or digital gold, but when they ask more details, I suggest to googling, because I also can not explain in detail. but if they ask briefly I always set an example between gold and bitcoin. and also the equation

rimjimrain996

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Ranly123

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Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

I would suggest them to go search for bitcoin in searching sites, and would tell them to try and understand how they would earn through bitcoin. I know it is not easy to enterpret what it is that you know about bitcoin but atleast we can enlighten them what it should be done in order for them to learn more about bitcoin.

sathvik112

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Quote from: Alfinopogi on November 02, 2017, 09:20:36 PM

Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

what is bitcoin ? for me Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

For me bitcoin is an advanced digital currency also a secured currency reason why notes may crush or tear but not the bitcoin.

Bitcoin is also a good trading, if we are still not experiencing the advanced bitcoin currency then being in the advanced infrastructure generation we are still making our moves like the dumb.

I recommend strongly this is the best way. Also to be added billgates is not a common man. He is a multi millionaire where as he spoken about bitcoin.

Alfinopogi

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Quote from: fragout on September 03, 2017, 06:21:34 AM

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.

what is bitcoin ? for me Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

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