What is bitcoin - page 41. | Bitcointalksearch.org

felipe04

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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.

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

super5star

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Quote from: noictib on September 11, 2017, 10:38:19 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 you should tell your friend about the bitcoin in that way as he needs much .
If you friend needed much money in his life then you should tell him that bitcoin is that way of making money which is not easily available with another legit option .
And if your friend is already rich but still want to get into bitcoin then you should say that bitcoin is a way of the payment worldwide and also a better way to make payment secretly and openly because everything will remain open but no one can make sure that who made that payment .
So here a types of the people needed type to type answer .
Here in my nieghbourhood a friend told me to expand , i said him directly that it is a better way of payment and now today he has the business in online to make top-up mobile recharge and another online stuff to make buy sell .
So decide yourself that in which way it will be better to talk with him .

Bitcoin is the digital currency. It is not printed form of currency like Euros and dollars etc is not cash money. It prices vary according to business. It is electronic based money which can be used for trading across the world. This is the reason people are supporting bitcoins because they want an international currency.

Baby Dragon

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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,

Well, I agree that bitcoin is decentralized because you can control your own bitcoin and money. Furthermore, bitcoin is a digital money and currency that you may use in different od transaction. I think bitcoin will be our future money and it will become world currency in the future.

gadimbrut

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Bitcoin is a virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. This currency is like Rupiah or Dollar, but only available in the digital world. The concept may be like eGold, though in fact much different, bitcoin is great for short-term or long-term investments, that's what I know about bitcoin

noictib

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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 you should tell your friend about the bitcoin in that way as he needs much .
If you friend needed much money in his life then you should tell him that bitcoin is that way of making money which is not easily available with another legit option .
And if your friend is already rich but still want to get into bitcoin then you should say that bitcoin is a way of the payment worldwide and also a better way to make payment secretly and openly because everything will remain open but no one can make sure that who made that payment .
So here a types of the people needed type to type answer .
Here in my nieghbourhood a friend told me to expand , i said him directly that it is a better way of payment and now today he has the business in online to make top-up mobile recharge and another online stuff to make buy sell .
So decide yourself that in which way it will be better to talk with him .

tobatz23

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Bitcoin is a form of digital currency created and held electronically. No single entity controls it and aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world using software that solves cryptographic problems. Bitcoin is the first example of a growing economic industry known as cryptocurrency. It can be thought of as cash for the Internet.

kuyaJ

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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 you can say is "bitcoin is the money that you can earn or a true money". In that case he/she might curious so he/she get search on how to earn bitcoin.

ufaiz50

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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 as long as you can answer questions from your friends it's good because google might not give the information your friend wants. it will be easier for you to suggest him to find answers on google but it will take a long time for your friends to understand.

xfaqs01

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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.

Everytime a friend or someone ask me about this quesrion i always slightly answer them the basic and would refer them always to a site with more information such as coindesk.com/information

Portia12

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It is a computer controlled currency that use for tradings,investment,gambling and other related needs of a individual. Thats my simple answer i dont need to explain more for some purposes. Not all people know about bitcoin and its hard to explain its because it is just a virtual curreny not real money.

albertorma

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I say it is a decentralized currency that can not be controlled by banks, that you can send anywhere anytime. Explaining more would be too technical for most people. If they ask I'm happy to answer any questions, like what blockchain is, how transaction works...

soy

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Personally, I always tell the same story: if today you want to send $ 10 to the other end of the world, you will have to go through western union and send it will cost you 10 times the price. With the BTC, you can send money to anyone, anytime, any time, securely and instantly. And then I add that no state, no banking institution will be able to regulate this, nor even to own it, one is its own banker!

ModGirl

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Quote from: Streamlink on September 09, 2017, 06:06:44 AM

Quote from: supercanada1 on September 04, 2017, 02:08:13 AM

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,

nice elaboration mates! Bitcoin is digital currency that is invented for the online payment of the things we need to buy online in 2009 and till now the price and the demand of the bitcoin is increasing and soon it will be as high as we dreamed for. Bitcoin is a plat form in which we can get what we want we need to focus and keep patience as we are doing and trust me bitcoin is going to rock in the coming future as well so for me bitcoin is my whole life because it is a digital currency and digital currency is the need of the digital world.

Bitcoin is basically a new crypto digital currency, which was created by some anonymous personality named Satoshi Nakamoto, I think Chinese in 2009. The starting price of one bitcoin was just 5 US dollars and now in 2017 one bitcoin is equal to almost 5000 US dollars. Bitcoin is usually used for online purchasing and payments. You can also hold your bitcoin to earn some money while the price goes high.

Bitcoin is one of the crypto currencies known that doesn’t exist physically but have a lot significance in digital world. It found in 2009 by an unknown guy. No one expected that one day bitcoin will be famous all around the world but now the tech lovers are investing more and more in it because they know that bit coin is going to be global currency one day. Bit coins are mostly used for sale/purchase of product online.

TheBTCAlex

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I guess I am a tech kind of guy, so I can imagine myself giving you a full explanation about bitcoin and its various features, but that is definitely not something to do here, there are plenty of threads already out there, and probably google too.
However, if someone asks me this question, I would probably give them some feature comparison of BTC and fiat (which is what most people currently use btw), and tell them about some cool features about BTC, like how there are loads of ways to earn it, its decentralized nature, and fast transactions, and how it is definitely to be the currency of the future.

ameliana

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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...

Streamlink

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Quote from: supercanada1 on September 04, 2017, 02:08:13 AM

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,

nice elaboration mates! Bitcoin is digital currency that is invented for the online payment of the things we need to buy online in 2009 and till now the price and the demand of the bitcoin is increasing and soon it will be as high as we dreamed for. Bitcoin is a plat form in which we can get what we want we need to focus and keep patience as we are doing and trust me bitcoin is going to rock in the coming future as well so for me bitcoin is my whole life because it is a digital currency and digital currency is the need of the digital world.

Bitcoin is basically a new crypto digital currency, which was created by some anonymous personality named Satoshi Nakamoto, I think Chinese in 2009. The starting price of one bitcoin was just 5 US dollars and now in 2017 one bitcoin is equal to almost 5000 US dollars. Bitcoin is usually used for online purchasing and payments. You can also hold your bitcoin to earn some money while the price goes high.

supercanada1

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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,

nice elaboration mates! Bitcoin is digital currency that is invented for the online payment of the things we need to buy online in 2009 and till now the price and the demand of the bitcoin is increasing and soon it will be as high as we dreamed for. Bitcoin is a plat form in which we can get what we want we need to focus and keep patience as we are doing and trust me bitcoin is going to rock in the coming future as well so for me bitcoin is my whole life because it is a digital currency and digital currency is the need of the digital world.

DoublerHunter

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Bitcoin is the digital money and one of the thing that will become game changer in the future. Bitcoin is not controlled by anybody even the government or either an organization doesn't control bitcoin so it is completely freedom and because of bitcoin we can easily earn money without going out from our house and by just the help of the internet and our computer we can be millionaire through bitcoin.

The Monkey King

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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 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.

bololord

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Quote from: Janation on September 03, 2017, 06:17:59 AM

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,

Bitcoin do not increase it's own vale by itself, because if it can do it, bitcoin will be having a great price even in it's first release. The value depends on the users of the digital currency, the more the user, the higher the value. The same with the price, the higher the demand, the higher the price.

Yeah but for me bitcoin is our futurr money and i hope as much as possible people should know it early .especially to troublesome or poorpeople like me . becuase this is the answer to reduce our poverty.

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