What is bitcoin - page 29. | Bitcointalksearch.org

ALEX765

member

Activity: 364

Merit: 10

https://cryptassist.io/

Quote from: The Monkey King on September 03, 2017, 07:30:43 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.

Bitcoin is our future money. It is also called a type of cryptocurrency. Bitcoin is decentralized and can be used as the mode of payment in some businesses or stores. It can also be use to send some funds wherever you are and or whenever you want to. Bitcoin also increases its value by itself. And I am hoping that as much as possible, people must know this already, especially to those people who are lacking some money, they must work in bitcoin.

but countries can stand up,for example, as Eto did China it's a mosaic to lower demand for it

Draketom

member

Activity: 109

Merit: 10

Quote from: JOSE2014 on October 27, 2017, 01:11:23 PM

Quote from: Aztek on October 27, 2017, 12:41:14 PM

Quote from: c++btc on September 03, 2017, 05:57:48 AM

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,

People can define bitcoin base on its form , characteristics or even how it move peoole specifically them. It is a good thing for us to know bitcoin well as a whole in order for us to used it in a more good way and for us to know the possibility and it's potential on investments, transaction and for us to earn more.

Bitcoin is a new currency that way created in 2009. Transaction made with no middle men meaning no banks. It will save you personal information. No one track your account it safe your account information. created name is satoshinakamoto. Bitcoin is future improvement. You will easy to learn the bitcoin process. You know the business process.

I agree with you that Bitcoin is future improvement.
I really believe in this. Bitcoin will surely have a positive impact in the future.
Its having a positive impact as at present already.
Bitcoin and cryptocurrencies has changed life of many people for good.

JOSE2014

sr. member

Activity: 294

Merit: 250

Quote from: Aztek on October 27, 2017, 12:41:14 PM

Quote from: c++btc on September 03, 2017, 05:57:48 AM

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,

People can define bitcoin base on its form , characteristics or even how it move peoole specifically them. It is a good thing for us to know bitcoin well as a whole in order for us to used it in a more good way and for us to know the possibility and it's potential on investments, transaction and for us to earn more.

Bitcoin is a new currency that way created in 2009. Transaction made with no middle men meaning no banks. It will save you personal information. No one track your account it safe your account information. created name is satoshinakamoto. Bitcoin is future improvement. You will easy to learn the bitcoin process. You know the business process.

Aztek

sr. member

Activity: 423

Merit: 250

Quote from: c++btc on September 03, 2017, 05:57:48 AM

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,

People can define bitcoin base on its form , characteristics or even how it move peoole specifically them. It is a good thing for us to know bitcoin well as a whole in order for us to used it in a more good way and for us to know the possibility and it's potential on investments, transaction and for us to earn more.

Xanxus024

full member

Activity: 434

Merit: 104

I always say bitcoin is a crytocurrency and satoshi nakamato is the creator of bitcoin.The curiosity about bitcoin is the higher value so everyone want to. earn it. I explained everything i know every time they asked about bitcoin. Well as far as i know bitcoin is decentralize so no bank or middle man are not involve in every transactions, bitcoin also known for trading, shopping online, buying online games. first you can earn using mining, solving captcha, faucet,watching videos to earn satoshi. Then I recommend them to join in this forum to learn more about bitcoin.

ankit05

full member

Activity: 392

Merit: 100

Bitcoin is a digital money because bitcoin's prize keeps growing and growing in the market. Bitcoin has become quite popular because big companies invest on bitcoin and people also make investments to earn profits.

black014

member

Activity: 84

Merit: 10

" SIMPLE BUT HARD WORKER"💪😁

Bitcoin is a digital currency or can also be called cryptocurrency with the ability to increase your income even if it is your part time job or a full time job. And can support our daily needs.

Streamlink

full member

Activity: 490

Merit: 100

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.

Yes there is no doubt that bit coin is one of the best crypto currency in the whole market as its price is persistently increasing, people are getting so much profit from it. Bit coin is also a unique currency which may be converted to any other currency within no time.

mjnick01

full member

Activity: 140

Merit: 100

bitcoin for me is a kind of resource you need to collect and multiply
because it will be in the future

Rudy_Third27

jr. member

Activity: 47

Merit: 10

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.

stepwilli

sr. member

Activity: 1046

Merit: 273

Quote from: Star_Bucks on October 23, 2017, 07:12:51 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.

Bitcoin is a cryptocurrency which is said to have the potential on becoming the strongest currency in the world. This rumors spread ever since the bitcoin hit its hard pump making it to the top for a very long time. Even though bitcoin has faced a great obstacle during the banning of bitcoin in China, it was still able to overcome it and recover back and higher. This just proves how bitcoin is making its own name in the history o currencies.

Yes it was really a very hard time for bit coin when china ban bit coin in their country but bit coin had shown it hardness and durability that it sustained for that period and now a day’s bit coin is that king of crypto and digital currencies of the market as due to the uncountable advantage of bit coin for its investors.

criza

full member

Activity: 574

Merit: 108

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.

Star_Bucks

full member

Activity: 263

Merit: 102

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.

Bitcoin is a cryptocurrency which is said to have the potential on becoming the strongest currency in the world. This rumors spread ever since the bitcoin hit its hard pump making it to the top for a very long time. Even though bitcoin has faced a great obstacle during the banning of bitcoin in China, it was still able to overcome it and recover back and higher. This just proves how bitcoin is making its own name in the history o currencies.

cryptosifu

sr. member

Activity: 378

Merit: 251

Highest risk investment. It can make you or break you.

airdnasxela

sr. member

Activity: 728

Merit: 254

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 have different definitions of bitcoin, some will say it's just a cryptocurrency while some will say its a business. For me, bitcoin is one of the greatest oppurtunity I've ever had in my life. Without it, I don't think I would be this bountiful. Bitcoin is the best currency for me and it's complexity is insane. The value of it is volatile that's why I think it's more exciting knowing that you have the chance to earn high or low depending on the pump or dump that may occur.

aeternus

sr. member

Activity: 686

Merit: 250

Quote from: Krispin47 on October 19, 2017, 11:15:04 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.

Whenever someone asks me about bitcoin, I simply tell them that it is a cryptocurrency which is said to be the number one and the most proven and tested currency for a long while. I always tell the to try it and search further more about the details about it. I don't make my explanations complicated because I know that they are just new from hearing about bitcoin so it would be better if I will narrow it down so they may know it and understand it more.

Sometimes it is better to keep things simple if you do not do that then people may lose interest, that is what I do as well, when people ask me about bitcoin I just tell them enough to keep them interested and then if they ask me again I tell them that I will explain bitcoin more in depth to them if they want but that they need to research it first, those that aren't really interested never take the time to research bitcoin but those that are interested will always find time to do it.

jake zyrus

full member

Activity: 798

Merit: 121

Quote from: Janation on September 03, 2017, 05:47:21 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 think this is a thing I usually encounter when someone wants to know what is bitcoin. Some of them, they just ask out of curiosity but there are still people who would ask me because they want to invest or put their money and time on it. But I think if they are really desperate to know what is bitcoin, they will be willing to find an answer without asking me all of it. I am the same at my first time here but I did not ask my friends so much about it but I've watch a lot of videos, read a lot of article to know more about it. You must not bear their problem but you just need to guide them.

Bitcoin for me is a opportunity. Opportunity to learn, how to become a successful in life. Bitcoin teach you how to earn a big money from saving and trading to communicate to other. Bitcoin for me is like information technology in currency how to trade and invest.

lienfaye

hero member

Activity: 3024

Merit: 629

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.

When someone ask me if what is bitcoin i simply answer its a digital currency that can only be use online, the value is flactuating so if you hold your coins in the wallet it can either increase or decrease.

But for a person who dont use internet my explanation would be too long because they are having a hard time to understand it especially the older ones.

Mazda17

full member

Activity: 392

Merit: 101

Quote from: c++btc on September 03, 2017, 05:57:48 AM

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,

Good opinions and ideas and I agree with all your reasons, that bitcoin is a payment mode in some business as well as an agreed deal and bitcoin can be used to send funds wherever you are.

xBitHodler

member

Activity: 112

Merit: 10

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.

Topic: What is bitcoin - page 29. (Read 7914 times)