What is bitcoin - page 28. | Bitcointalksearch.org

shunga

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Quote from: fragout on September 03, 2017, 05:21:34 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.

Your right actually i really dont know what bitcoin is. But i just base of what i see in bitcoin that can give a clue what is bitcoin is so that i can identify easy what bitcoin is. For me bitcoin is a another money that can get online using internet. And also bitcoin get a job to every people dont have a job.

rfouziha

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If I want to explain about Bitcoin I simply says it is future currency presently successfully growing with the people who wants to grow. Bitcoin is created the job opportunity to the people who wants to grow as per their won job timing and comfort Bitcoin is future of the world cryptocurrency.

iamMhew

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Quote from: changcloy on October 27, 2017, 10:37:56 PM

Bitcoin can be used as a mode of payment and also bitcoin is a currency..i am also hoping that i can earn more bitcoin so that for my childrens future.Bitcoin is a big help for me.

yeah! you are mentioning what bitcoin features is, but the real point of this topic is not like you answered. i mean be more specific, someone wants to know what bitcoin totally is, because for me bitcoin is a great investment project ever made, i can earn in this bitcoin on some many ways not just by investing but for do/doing some activity that related in bitcoin (jobs/trades/investments). so in easiest means bitcoin is a great investment project that can give you a future success. thats the meaning of bitcoin for me.

cheehong714

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Bitcoin is decentralized and bitcoin can be used as the mode of payment in some business and also bitcoin can be used to send some funds wherever you are whenever you want,. bitcoin is increasing the value itself,

dominowalkr

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It is often thought as some game money tbh, we prob need more promotion on bitcoin to really raise awareness cause bitcoin will be the future.
Right now it kinda feels like only investors and business people know what bitcoin really is...

changcloy

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Bitcoin can be used as a mode of payment and also bitcoin is a currency..i am also hoping that i can earn more bitcoin so that for my childrens future.Bitcoin is a big help for me.

Mary ann Labor

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Bitcoin is digital money that you can transfer to another person without the need of a third party such as bank. It can be thought of as a digital equivalent of cash, and it can be used for secured and instant transfer of value anywhere in the world. What's advantage is, it is not controlled or issued by any bank or government.

ABIR HASAN

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In my opinion, Bitcoin is an investment system. There is a lot of money in it that helps a person to succeed .we are like bitcoin.

eann014

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Quote from: criza on October 23, 2017, 07:17:38 PM

Quote from: fragout on September 03, 2017, 05:21:34 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.

We all know that bitcoin is indeed one of the best cryptocurrency and its value is rising continuously. This things are what we usually hear when someone is talking about bitcoin. For me, bitcoin is more than this. For me it is a life changing event when I entered this. A lot of thing happened to me up until now and I am so grateful with bitcoin for the help it has offered to me. I can't say a thing but thanks to bitcoin for everything.

Life changing if indeed! Bitcoin really helped a lot of people nowadays and I think not just bitcoin but also some other coins that can help us earn for our daily needs and to have a good savings for our future. I am really grateful having knowledge in bitcoin and in this forum because if it’s not in this forum and I cannot actually learned a lot about everything about bitcoin and also about this forum.

Obito

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Quote from: fragout on September 03, 2017, 05:21:34 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 find bitcoin as a tool of getting some income. In a simple way of posting and promoting some company and with that you will earn and gain a profit from them. Bitcoin gives an opportunity to many people and makes many people to become more wealthy and informative with this.

a4techer

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Quote from: fragout on September 03, 2017, 05:21:34 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.

We are same im telling to him also that we have google try to research for some knowledge and to understand properly what is bitcoin or what is the purpose of bitcoin why it is existing but as also a user here im also giving him a short introduction about bitcoin and sharing some knowledge from my experience.

NightCloudz07

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Quote from: pereira4 on September 03, 2017, 05:37:07 AM

Quote from: fragout on September 03, 2017, 05:21:34 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 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.

bitcoin is earning a money

Md Saad

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I face such type of question now and then, Usually, I tell them who want to know this thing with a great curiosity that Bitcoin is a decentralized currency along with a virtual money. I also suggest them to do a research because there are a lot of articles, Blog, video regarding knowing the Bitcoin. So it's better to start googling to gain information about it. Some of them have a tendency to invest or saving Bitcoin but they don't have any proper idea about Bitcoin. I also tell them Bitcoin is like a cryptocurrency.

calandra78

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I know bitcoin is an electronic or digital money made in 2009 by sathoshi nakamoto. bitcoin is also often referred to as a currency that is decentralized and bitcoin can only be spent by people who have it. bitcoin can only be stored in a computer and be able to transfer funds around the world quickly and safely with a low cost. bitcoin is one of the first implementation of the so-called cryptocurrency.

mobilestrike

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Quote from: aeternus on October 21, 2017, 03:55:11 PM

Quote from: Cmoh on October 14, 2017, 12:59:45 PM

Bitcoin is nothing but same value as of your fiat currency but called as digital currency. It has a great feature that it's transactions are done anonymously with peer-to-peer. Today the Bitcoin value has grown a millionth of times.

Bitcoin is not the same as fiat if it was then we will not be here, while there are many differences one of the best is that bitcoin has a hard limit on the amount of bitcoin that are going to be printed and that is what makes bitcoin extremely valuable and that is why the price does not stop going up, since every four years the block reward gets halved and less and less coins enter the market.

Bitcoin is very profitable currency now a day. People asked about Bitcoin to invest their money in it. Their main question is that the process of how to invest or trade on it. Bitcoin is crypto currency, it is bank independent and no third party is involved in it. For further details I simply refer them Google for it. Bitcoin is most profitable and secure.

aeternus

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Quote from: xBitHodler on October 21, 2017, 06:34:51 PM

I treat Bitcoin as a long term investment. It's also a good way to store my money. I don't trust bank anymore, everything I put there belongs to them. Bitcoin allows me to become my own bank. I don't have to worry about additional fees and contracts because everything is clear, you have to pay only one transaction fee which you can set at your will.

That is the right way to look at things people think they have money in the bank but they are wrong, any money that you have in the bank belongs to the bank and to no one else they can always create an excuse to not give that money back to you and they often do exactly that.

Mizan007

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Quote from: Rudy_Third27 on October 27, 2017, 09:43:55 AM

I think this bitcoin is a virtual currency, this currency is the same as the rupiah or dollar but only in the digital world.
the features of bitcoin are allowed for ownership without any identity and transfer of wealth. Bitcoins can be stored on our personal computers via a wallet file format that we have and bitcoin can also be transferred to anyone like friends, or agents who want to buy bitcoins we melaluli internet in a wallet address he has.
there are many types of bitcoin examples of its trading bitcoin, bitcoin mining and invest bitcoin, bitcoin this feature and its system quite interesting and the most I like this bitcoin pay us.

Bitcoin is one of the trust cryptocurrency and our future money. It is a digital payment method in online. Bitcoin always increases its value by itself. Bitcoin is now good invest sector. You can easily earn a good profit from here.

colvis

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Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency,
as the system works without a central repository or single administrator.

JOSE2014

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Quote from: marzuk on October 27, 2017, 01:52:51 PM

Bitcoin is the most valuable and popular currency of the the present. Which may change the game in future. Bitcoin is a type of business for which you have to risk to benefit. Bitcoin dose not control any government or any organization, so Bitcoin is completely independent. Bitcoin is a currency that will help keep you future and family safe. In a word Bitcoin is a high income source.

Bitcoin is future currency. If will growth for the future. It was created 2009. Created name Mr.satoshi nakamoto. Bitcoin is safe to use and it will give the more information and save your personal information any one can't track your account. It good saft to use your. Bitcoin is give to more opposition and if you get the more information the future investing.

marzuk

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Bitcoin is the most valuable and popular currency of the the present. Which may change the game in future. Bitcoin is a type of business for which you have to risk to benefit. Bitcoin dose not control any government or any organization, so Bitcoin is completely independent. Bitcoin is a currency that will help keep you future and family safe. In a word Bitcoin is a high income source.

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