What is bitcoin - page 34. | Bitcointalksearch.org

bentong talong

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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.

Bitcoin is a cryptocurrency that is known to be a great and successful wherein many investors are being involved in. It is digital money which makes life more efficient in terms of transactions of money in all the place in the world. It can be accessed by anyone as long as he is aware on what it is and he is willing to give his time to it. Although the definition of bitcoin is simple, there are still a lot of complicated things in it which is needed to be well understood by those who are going to use it.

xiboothrezi

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Simply bitcoin is the digital currency.
the easiest way of learning is direct practice. one of them by finding information on google. then, if anything new is not understood it may be asked.

Apes

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Quote from: Adam on September 22, 2017, 05:14:29 PM

If someone ask me something about bitcoin I...wake up Grin

bitcoin maybe if anyone asks is difficult to explain, because it takes a really understanding that can be understood .. bitcoin money is not in the form of money, work through the internet transact in exchange for in making money .. all that there is a process of what results which is done inside bitcoin .. bitcoin is very helpful and can realize the desire ..

Wagako

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Quote from: ameliana on September 09, 2017, 06:30:04 AM

I am also lazy to give an explanation about Bitcoin,when people start a lot of questions.I end their questions with answers just search on google...

Bitcoin is an online cryptocurrency where in it able us to buy online through this payment.

Cranidos

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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 often caught into this question and cannot explain it. I will just tell them that bitcoin is a digital money that works within the web. Others cannot fully understand that so i just tell them to look on the internet, which is the best resource for knowledge about bitcoin. It all started with the internet, in the first place. Then I will follow up a fact that I am enjoying bitcoin because of its financial help to me. So that's it, then they will become interested to bitcoin.

hitesh123

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Bitcoin is simple to understand the cash which you cannot see and hold, which makes bitcoin as a virtual currency. Every transaction like buy, sell, send and receive held electronically through a network which operates on the blockchain.

satish37

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Diigital currency which uses decentralised technology for secure payments is called Bitcoin, it is not paper or mining coin. Caped by

system no more than 21m registration numbers. It is Solution to a mathematical problem. Solving a problem decreases Bitcoin, creation

reward, is Bitcoin. runs on the blockchain, a decentralised ledger.

( Remember these words :- Digital, decentralised technology(Ledger), block chain, cryptographically ,hard fork).

Firefly Foundation

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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. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.The system is peer-to-peer, and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.

kpcian

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Bitcoin is nothing but a virtual currency that makes people's lifestyle easy. Bitcoin has provided a lot of opportunities to transact with a low fee and comfortable payment system. not only that but also Bitcoin is giving us some profitable mechanism that makes it popular across the world.

Rosa Paula

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I have heard that Bitcoin is a visual currency.It has won the whole crypto world.Moreover Bitcoin is a decentralized coin who born in 2009.

dificanovi

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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 think bitcoin a kind of digital currency that has no physical but we can use as a means of payment. bitcoin can be used as a source of income because it is easy and the price is high.

Granslam

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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 all know that bitcoin is first cryptocurrency and bitcoin is a digital money that can convert it into real money and it is powered by internet but for me bitcoin is a blessings for all people becuase it can help a lot of people like me.

Fatemablabla

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I'm Matured Now

Bitcoin is a digital currency which help you to earn more. It can play the same role as money and gold

cydrix

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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.

My technics on teaching is not effective seriously lol im just starting and someone told me im for now a richkid because i can buy things i want now then theyre envy at the same time want to earn then as my frst mission is to provide to an answer that what is bitcoin it was no easy task for a beginner me it doesnt appear on google its just vague answers so i tried asking someone that what is bitcoin then he definitely told me that it is a digital currency that is a digital wallet with no limits or whatsoever and it is decentralized no strings attached and it also involves anonymity tge highest limit value is still unknown so better get ready for the future success of bitcoin

GOODNESS

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From the question, it will be advisable if we look first at the word BITCOIN which tends to denote a special and generally accepted crypto currency which is widely accepted as a form of legal currency. It is a digital money, not only to serve in national community or countriy , but its generally accepted internationally, by merchants, organizations, industrialist, economist, international countries world wide.Its acceptance and usage by countries nationally and internationally cannot be overemphasizes. Bitcoin can be traded in many countries of the world, and the value is quite appreciative even in the face of global dangling economy. further inquiry can be sought from google.

ngefek berat

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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.

if I explain bitcoin With the knowledge that has been owned and sometimes also less detail. Therefore I continue to suggest that people often find out about the meaning that is still not understood by utilizing the existence of Google so that later they while learning and no trouble after entering the bitcointalk forum.

assyla

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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.

Bitcoin is an example of cyptocurrency in which it is a Virtual money that is not tangible. Bitcoin can be used in Legal and Illegal Transactions. That many people want to have one because it has a high value.

Avity

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A fair form of currency created by the people for the people that stands on trust through math, not on someone's word.

sclmte

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Quote from: cutecute on October 05, 2017, 10:18:17 AM

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.

What is Bitcoin this is the question that is always asked to me then when I answer them honestly they don't believe in me. So now when somebody ask me about it I’m always say that why don't you google it so you know what bitcoin is, why you don’t make a research so you know all the information and you know how it works.

Your right. Like me, as a newbie i researched first before i joined in bitcoin. I also read some post messages before going to post. And based on the article and the messages her in this forum i found it interesting. Thanks to this forum for sharing your knowledge. Its a big help for us newbie.

onyek16M

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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.

ussually i answer bitcoin is fiat money but it is digital currrency can use payment and can for investing then you can use bitcoin as livelihood like trade on it.investing and trade is profitable
after that i suggest my friend to read in internet what is bitcoin and how to work it

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