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Topic: What is bitcoin - page 38. (Read 7914 times)

member
Activity: 120
Merit: 10
September 30, 2017, 01:50:28 AM
#87
This is so boring question for all.Because the world Known what is Bitcoin.just a small answer i give you, Bitcoin is decentralized digital cryptocurrency.Every digital currency market using this coin.
hero member
Activity: 2702
Merit: 672
I don't request loans~
September 29, 2017, 08:49:14 PM
#86
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 first ask why are they interested, because you will know what specifically they are trying to ask based on their answer. And from that, you'll be able to answer their question as they want it to be answered. And then you'll just add facts and informations about Bitcoin and how does it users earn profit. And also from that, they may search for themselves on articles or on this forum. The only thing that you need to do is to tell them what Bitcoin is in general and simple things about it.
full member
Activity: 392
Merit: 101
September 29, 2017, 08:41:27 PM
#85
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 idea, I like your opinion. A little bit extra to me that bitcoin is a virtual currency that can be used online transactions, therefore bitcoin can also be used as a payment mode in various businesses and bitcoins as a fund shelter for many who are genuinely interested in the business.
full member
Activity: 294
Merit: 102
September 29, 2017, 08:38:16 PM
#84
I would say something like: Imagine the most valuable and profitable currency, Well in crytocurrencies which are virtual currencies Bitcoin would be represented in this way, being the most popular virtual currency due to its constant growth, its fluctuations are totally controlled by the supply and demand of the market, there is no government intervention, taxes or additional fees for use, Besides due to  is limited number of them their value is increasing more and more, making it ideal for investments, capital increase or safeguard your savings of inflation.
sr. member
Activity: 966
Merit: 250
September 29, 2017, 07:29:57 PM
#83
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.



a practical way is to involve them in concrete evidence. be it from direct internet learning. and about the benefits of bitcoin on me. I think it would be more effective to make them believe and believe. it can make them interested and follow the steps that I do.
member
Activity: 94
Merit: 10
September 29, 2017, 07:14:28 PM
#82
I think, bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros, bitcoin is virtual currency that is can be only access using a computer and another gadets , bitcoin can provide job, all you need is internet connection and computer etc. Bitcoin is a hope.
hero member
Activity: 658
Merit: 500
September 29, 2017, 06:39:15 PM
#81



I always liked the investment system. like a lot of investment in force.
but I prefer investing in bitcoin and allcoin. because it is very likely in terms of profit. although there is always a risk.
Risk is in every business but there is not that much kind of risk in bitcoin, bitcoin allow you to hold investment in the time of low prices and this is one of the best thing, bitcoin is evergreen and always profit giving investment and the reason why to believe in bitcoin is that bitcoin has made a lot of people rich and they are the proof how important it is.
full member
Activity: 368
Merit: 104
September 29, 2017, 01:01:02 PM
#80
It is an electronic or digital currency that works on a peer-to-peer basis.This means that it is decentralised and has no central authority controlling it.Like currency notes, it can be sent from one person to another, but without a centralbank or the government attempting to track it.The system depends on cryptography to control the creation of the currency
The modern form of currency can be called as digital currency and this is the most profitable and everlasting investment of this era and it make people rich in no of days and it can be used for the online shopping from the store from any corner of world where this is accepted.
full member
Activity: 566
Merit: 102
September 29, 2017, 10:11:12 AM
#79
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.
in my first time i also like that i always what is bitcoin,how can i earn,what i have to do here, at more many times like that so i understand them because bitcoin is hard to know specially if your a 40 ages plus because they didnt have computer in that time or they know about computer but they dont have
Bitcoins is the everlasting and most profitable investment in the world so there is no chance to be in trouble using bitcoin so one should not think about his loss only concentrate on market and will get high benefit and then will never know what loss is so no need to worry and just invest and wait for right time and get fruit from what you sow.
full member
Activity: 264
Merit: 100
September 29, 2017, 09:26:16 AM
#78
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 for me is a digital currency which makes the transactions all over the world easier than ever. It is a decentralized cryptocurrency which means it is free from the hand of the government or any organization. It enables anyone to have a job or work that may bring them great money by simply working hard on it. It is also the very first cryptocurrency which has proven and tested it's capability over the years of its existence.
full member
Activity: 273
Merit: 100
September 29, 2017, 09:23:24 AM
#77
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 am going to be asked what bitcoin is, I would define it as one of the most effective way to earn money and it is something that can help you a lot in dealing with your financial problems. Many people are already going hard for bitcoin because of it's capability to make you rich. All you need to do is to know what you are doing and be responsible so that you may get what you really want from it which is, for sure, money.
full member
Activity: 307
Merit: 101
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September 29, 2017, 09:20:57 AM
#76
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 definition with bitcoin. Some will answer that it is cryptocurrency but if it was me I will answer that it is the best and most effective currency. Some will say that it is a form of job but for me it is a job that will enable you to earn large amount of money in any ways possible. Some will consider it as a currency but for me it is the currency that changed my life and helped me managed my financial problems.
full member
Activity: 201
Merit: 100
September 29, 2017, 09:20:15 AM
#75
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 were to define bitcoin, I would describe it as the cryptocurrency that helps a lot of people, it does not set any limitations with it users and all you need to be is to be knowledgeable and aware with the things that you are doing here. It helps also in making every individual's life more convinient in terms of the way they hold their money. Many people are comitting on it already and it does not surprise me anymore and I hope it would keep up on being successful.
full member
Activity: 518
Merit: 100
September 29, 2017, 09:17:44 AM
#74
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 anyone ask me about bitcoin I tell bitcoin is my future. If any friend interested about it I suggest some blog article that regularly discussion about bitcoin and her price and invest way.
sr. member
Activity: 546
Merit: 250
September 29, 2017, 09:07:51 AM
#73



I always liked the investment system. like a lot of investment in force.
but I prefer investing in bitcoin and allcoin. because it is very likely in terms of profit. although there is always a risk.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
September 29, 2017, 08:56:54 AM
#72



I think it's very simple. if we divide more time to tell the people we want to teach. this is a matter of how you give education and understanding in a simple, yet easy to understand way.
full member
Activity: 448
Merit: 101
September 29, 2017, 08:50:35 AM
#71
I think bitcoin is verey important and interesting subject.it's price at a time highlevel up.someone people income money in bitcoin.bitcoin is a cryptocurrency a digital money.bitcoin is one of the major and power full electronics currency among the cryptocurrency for the forth coming digital world.
Bitcoin is a digital currency based upon blockchain technology. Mining is the process used for bitcoin transaction verification and releasing more of them. Other than that, it has some extraordinary characteristics like high level security, decentralization, volatility, anonymity, fast cheap transactions and high profits.
member
Activity: 84
Merit: 10
September 27, 2017, 01:56:11 PM
#70
Bitcoin means an electronic or digital currency and which will become a game changer in the future. Bitcoin is not controlled by any government or company, so its complete freedom and bitcoin can easily make money through internet and our computer.
sr. member
Activity: 756
Merit: 268
September 27, 2017, 01:16:07 PM
#69
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.
In my own opinion, bitcoin is virtual currency that is can be only access using a computer and smartphones which needed a internet connection. Bitcoin can be consider a job because some people are dependent because of bitcoin which canhelp people to earn big money.
sr. member
Activity: 994
Merit: 252
September 27, 2017, 12:46:16 PM
#68
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 anyone asks me what bitcoin is, I would say a few special points of bitcoin. If they want to learn more deeply, I will give them materials to find out for themselves. Want to know what bitcoin is, the fastest way is to learn through google, video, newspaper ... I do not think I have enough time to explain thoroughly
If someone asks me about what bitcoin is then I would probably tell him that it is one of the digital currency that has become common nowadays as a way to earn money or dealing with financial matters at both the national and international level .The other detailed threads and its usage are topics of concern for the one who wants to get practically into the world of BTC .It entirely depends upon the eagerness of the knowledge seeker because various platforms such as signature campaigns, social sites and Google being the best of them are available round the clock to clear the confusions.

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