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Topic: What is bitcoin - page 7. (Read 7911 times)

newbie
Activity: 112
Merit: 0
March 22, 2018, 11:36:02 AM
I think bitcoin is verry important in our life. Because I see huge person use bitcoin work and the person enjoy a verry good and Bright future.
jr. member
Activity: 448
Merit: 5
March 22, 2018, 11:34:17 AM
for me the bitcoin is a job where you earn a great deal because if you invest in bitcoin it might be that your income is large because the price of bitcoin always goes down and does not stop.
full member
Activity: 392
Merit: 100
March 22, 2018, 11:29:21 AM
bitcoin is a cryptocurrency you can use this to trransact  peer to peer and the value of it is not stable it is always changing and if we talk about bitcoin the word RISK because bticoin is so risky to invest if you dont know all about this and bitcoin is the best way and best solution to all people to get income by trading and investing.
jr. member
Activity: 112
Merit: 1
March 22, 2018, 11:26:57 AM
what about bitcoin I do not really understand, what I know bitcoin nowadays a lot in use someone to be used as an investment of their money to get big profit, as until now the price is still very expensive, although bitcoin has decreased far from the highest rate, but I'm sure that bitcoin will again skyrocket again.
newbie
Activity: 33
Merit: 0
March 22, 2018, 11:21:58 AM
when my friend asking some question like that, and he not a computer whiz
i clearly answer in some simple, it just like a gold but in digital internet world and much valuable then gold it self
and why the price is high, is because people need that to use as payment for another people, so it likes a gold in medival era
newbie
Activity: 57
Merit: 0
March 22, 2018, 11:18:05 AM
Bitcoin is the future money.Bitcoin is a digital currency.It was developed in the year 2009 by someone under the pseudonym of Satoshi Nakamoto.Bitcoin is great for short term or long term investments.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
March 22, 2018, 11:17:26 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 digital currency that is widely used on the internet . Bitcoin is also good for long term investment because of the market's volatility so those who are taking a marketing course and also know how to trade safely will obviously get rich in just a few months of trading in the market.
newbie
Activity: 34
Merit: 0
March 22, 2018, 11:15:14 AM
Bitcoin is my life.Bitcoin change my economic life. For bitcoin I am lead good life.
newbie
Activity: 126
Merit: 0
March 22, 2018, 11:10:03 AM
Bitcoin is one of the most digital currency of the crypto world.many people believe that this coin.bitcoin is the grandfather for of coins.bitcoin is a good business and it helps to many people that is depending their knowledge to computer.this is the most and highest value in the crypto world.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
March 22, 2018, 10:49:34 AM
Whenever I got ask about it I would just simply tell them that it is a crypto currency,
And if they still continue to ask I would tell that it is a money in the internet .
When someone ask me what is bitcoin I answered it a cryptocurrency that give me high income. It is income for me cause it give high profit in my investment. And if they continue asking, I prefer to say you must join and experience the good life in bitcoin and earn money in the internet.
newbie
Activity: 140
Merit: 0
March 22, 2018, 09:43:41 AM
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
member
Activity: 238
Merit: 10
March 21, 2018, 10:11:07 AM
Bitcoin is a network of global consensus, which creates a new payment system and completely digital money. This is the first decentralized p2p payment network, which is serviced by its own users, without central authorities or intermediaries. From the users' point of view, Bitcoin is very similar to cash for the Internet. Bitcoin can also be regarded as a leading accounting system with triple entry.
full member
Activity: 392
Merit: 106
March 21, 2018, 09:30:40 AM
Actually Bitcoin is an investment.this investment is totally online based. all processing of Bitcoin are process through internet connection. if there is no internet connection then Bitcoin will become lame. so to keep Bitcoin active internet connection is must.
newbie
Activity: 210
Merit: 0
March 21, 2018, 09:03:38 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.


Since  I'm new here in bitcoin my knowledge about this is quite little but when I tell this to my friends I should suggest them to look for internet for more details about this.
newbie
Activity: 121
Merit: 0
March 21, 2018, 08:50:26 AM
bitcoin is a currency that can be exchanged and traded online and has no control, it is completely confidential and no fraud.
newbie
Activity: 238
Merit: 0
March 20, 2018, 02:37:14 PM
Bitcoin is an indescribable currency. It is running in the current market. Although not all cases exist. But Bitcoin is the best in Crypto currency.
member
Activity: 308
Merit: 10
March 20, 2018, 02:25:49 PM
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 can give every information i know about cryptocurrency and help my friend to be knowledgeable about cryptocurrency because there are a lot of new traders today in the market who are losing a huge amount of their investment because of reckless investing and panic selling.
sr. member
Activity: 1071
Merit: 253
March 20, 2018, 02:20:18 PM
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.
The first thing that i will tell them is PROFITEERING BUT VERY RISKY,and other extended words that may attract them to check and invest,though i will not push them to do so,because i dont wanna be blamed when they fail in cryptocurrency,whats important is the additive to their mind about this
Now risk is no more in bitcoin as it is now very famous and popular so people trust to invest in bitcoin on the behalf of high profit, well if you will tell them about the right way of investment then they will not be lose as they will earn, try to convince people by telling them right thing about bitcoin, as if we invest in bitcoin at time of low price and we hold it for the long time without panic selling then it is profit worthy and RISKFREE CURRENCY AND INVESTMETN.
newbie
Activity: 47
Merit: 0
March 20, 2018, 12:58:23 PM
So, we found out that when sending Bitkoynov, in reality there is no real forwarding. Instead, the virtual currency is copied to the recipient's address from the sender's purse.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
March 20, 2018, 11:30:25 AM
Bitcoin is decentralize form of payment and this is a degital currency called crypto currency. Or in simply we called it the future of payment is bitcoin. Some of my friend asking me about this and when i start explaining them they feel so boring and change the topic LOL! Well l, its there choose to do it so i work with my self on bitcoin.
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