Topic: What is bitcoin - page 27. (Read 7914 times)
Bitcoin is another currency that exist only in internet and networks. It is created by an unknown geek that only known with his name Satoshi Nakamoto and nobody's claimed the creator of this blockchain technology.
Bitcoin created in the year 2009 and it is created by the unknown person. Bitcoin is a digital or online currency. actually it is virtual currency and it is first digital currency in the world. you can learn more about this matter you can search google.
Bitcoin is a digital currency and new currency and so many people call it online currency. it has no physical existence. It was created in the year of 2009 by the unknown person. you can use bitcoin in many things such as Investing, Trading, Exchanging etc.
Bitcoin is an online crypto currency.it is not present in physical form, it can also used for trading and exchange activity and you can also buy anything online.
I think you can just explain that bitcoin is crypto currancy which can be made in the choice of investment that provides benefits and if stored price in the future will be more expensive
Bitcoin is digital currency which can be used a source of online transaction by doing online trading.it was initially launched in 2008 and these days almost every one can do a sort of online trade through bitcoins
We can use bitcoin in many things Like, Investing, Trading, Exchanging it, or maybe buy using bitcoin from the internet. It's the first cryptocurrencies that made in 2009 by satoshi nakamoto, which he's until now anonym. So conclude is one of the bestest technogy created in our century, A very good opportunity to a lot of people to collect and work online to get this coin.
Bitcoin is digital currency which can be used a source of online transaction by doing online trading.it was initially launched in 2008 and these days almost every one can do a sort of online trade through bitcoins
In a nutshell, Bitcoin is a decentralized encrypted digital currency that is not trackable yet. You also need no medium to send or receive such currency from any corner of the world.
Bitcoin is one type of CryptoCurrency currency. It was created in year of 2009 by a unknown peoples, later they are known as satoshi Nakamoto. Bitcoin can be used by many companies because due to bitcoin online transition made easy and safe because bitcoin didn't work under company or country. Small companies like bitcoin much because by using it they did not pay extra credit charge for it. Transition through bitcoin doesn't need any third man means no banks. Their no transaction fee apply and doesn't need to give real name
I just say to them to google and do your research because explaining every bit of it and in detail is quite difficult and irritating sometimes to because of lot of questions asked ,so i ask them to search google and if there any doubt or query that i can solve i will surely help.
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.
Bitcoins are electronic currency, otherwise known as 'cryptocurrency'. Bitcoins are a form of digital public money that is created by painstaking mathematical computations and policed by millions of computer users called 'miners'.
Bitcoin is a new currency created by an unknown peron with an alias Satoshi Nakamoto. Transactions are made with no moddle men.,meaning no bank. More merchants are beginning to accept them wherein you cannuse them as payment at the restaurant.,buying online games etc. You can convert it into your own currency.
Some just buy bitcoin as their invesstment taking risk and hoping that they’ll go up in value.
Some just buy bitcoin as their invesstment taking risk and hoping that they’ll go up in value.
This is a great question. I also wonder what is bitcoin? Where does it come from? Why is it created by a person or group of people?
Bitcoin is the virtual currency of why converting to real money? Those are the questions I have not answered since I started playing
bitcoin. Now, I just think that bitcoin is simply a coin and I can make a big profit from it . You should not understand it if you do not
know what you want, what do you need?
Bitcoin is the virtual currency of why converting to real money? Those are the questions I have not answered since I started playing
bitcoin. Now, I just think that bitcoin is simply a coin and I can make a big profit from it . You should not understand it if you do not
know what you want, what do you need?
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 will going to answer him or her honestly. Bitcoin is a cryptocurrency that we can use in the virtual world. But bitcoin can bu used also as a source of income. 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 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.
It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. Bitcoin was the first practical implementation and is currently the most prominent triple entry bookkeeping system in existence.
All I did was tell them that bitcoin is cryptocurrency, and if they still do not understand or even do not know what cryptocurrency is then I tell them to google it because I feel less expert to explain what bitcoin is. I also know about bitcoin mostly by myself, because I'm finding out for myself.
i think its the basic cryptocurrency withheld in all cryptocurrencies,others depend on it
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If my friend asks me what is bitcoin, maybe my answer will be "search it at google. Google can elaborate the meaning of bitcoin as much as I can elaborate it to you". Google is very good at explaining things. You just need effort and time to do it. I don't like to explain bitcoin because me, myself is learning about it.
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.
is a virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. This currency is like Rupiah or Dollar, but it is only available in the digital world. The concept may sound like eGold, although it is actually much different. 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 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. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.
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