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Author Topic: What is bitcoin?  (Read 15747 times)

Offline Arendra

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Re: What is bitcoin?
« Reply #15 on: October 30, 2020, 02:00:28 PM »
Bitcoin in my view is a digital currency as well as an asset for investment. Where the value will always go up and down. This Bitcoin is produced from a technology. which eventually becomes a currency and is traded on the crypto market.
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Re: What is bitcoin?
« Reply #15 on: October 30, 2020, 02:00:28 PM »

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Offline azmirihaque

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Re: What is bitcoin?
« Reply #16 on: October 30, 2020, 04:06:54 PM »
As a full member, these are very sly question. You should obviously know what is Bitcoin and who is inventor. A newbe can make such question. But it is unexpected from a full member. If you have less knowledge about it, I suggest you to study on it more and more. You can read the forum post attentively and also search on google.

Offline UNIVERSE

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Re: What is bitcoin?
« Reply #17 on: October 30, 2020, 11:09:35 PM »
Search on Google and you will find thousands of definitions and explanations about Bitcoin. And no one donor it. It was created by Satoshi Nakamoto. ANd to get it, people are mining BTC.
Actually, this is a very old question but it can be said that many newcomers are here to look for more about Bitcoin and crypto

Offline Black ID

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Re: What is bitcoin?
« Reply #18 on: October 31, 2020, 01:48:05 PM »
I think bitcoin is the first coin to exist in crypto. Bitcoin is an asset that we can use to invest in online. Even though it is not visible, the value is there and real. In fact, many ordinary people are more familiar with the word bitcoin than cryptocurrency.
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Offline gotbounty

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Re: What is bitcoin?
« Reply #19 on: October 31, 2020, 11:49:43 PM »
I don't really understand what you mean here. Bitcoin is the first coin created by Satoshi in modern digital coins. The donor? You mean Satoshi or who? I think there are many people who become the donor, not only Satoshi.
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Offline Psycho

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Re: What is bitcoin?
« Reply #20 on: November 01, 2020, 07:39:48 AM »
Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency is a type of money that is completely virtual. It's like an online version of cash. People can send Bitcoins or part of one to your digital wallet, and you can send Bitcoins to other people.
I would be happy if you could tell me how to use bitcoin.
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Offline H2O

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Re: What is bitcoin?
« Reply #21 on: November 01, 2020, 09:31:30 AM »
WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a king of cryptocurrency and a virtual currency which developed in 2009 July by Satoshi nakamoto. But I don't know who is the denor of bitcoin. But I mean who donor.. Actually people, investors, traders are the donor of bitcoin.

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Re: What is bitcoin?
« Reply #21 on: November 01, 2020, 09:31:30 AM »


Offline debra

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Re: What is bitcoin?
« Reply #22 on: November 01, 2020, 11:42:37 PM »
Everyone who was involved in Bitcoin development, deserve to get honors. Bitcoin is a great asset and now be a part of human life. It is absolutely a new way for the human to get money and to put their funds for future investment. I also did it and I believe in the bright future of Bitcoin.
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Offline Tanzeeljaan

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Re: What is bitcoin?
« Reply #23 on: November 09, 2020, 05:54:40 AM »
Bitcoin is a digital currency that allows transactions to be made without the interference of a central authority. The Cryptocurrency system is a peer-to-peer open source software meaning computers are part of a mining process for coins.


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Re: What is bitcoin?
« Reply #25 on: November 09, 2020, 09:53:35 AM »
Bitcoin is a digital currency which in my opinion is very good because it has a very limited supply so it can have a very expensive price, take advantage of bitcoin price movements to find a lot of profit.

true, especially now that it is entering the third halving which is clear that the supply will decrease and the demand will increase, so the economic law will have an effect where if there is demand for more than the amount of material then the price will increase.

about the op questions about bitcoin there are many explanations which I think are sufficient and understandable.
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Offline Altcoin1998$

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Re: What is bitcoin?
« Reply #26 on: November 09, 2020, 12:27:53 PM »
WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a digital currency which already accepted b several countries and some businesses organizations, a few days ago PayPal accepted bitcoin, bitcoin cash and litecoin as their payment system.
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Offline IvugeoEvolutionCoin

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Re: What is bitcoin?
« Reply #27 on: November 09, 2020, 03:40:27 PM »
WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a digital currency which already accepted b several countries and some businesses organizations, a few days ago PayPal accepted bitcoin, bitcoin cash and litecoin as their payment system.
bitcoin is a digital currency that has a very expensive price, while for bitcoin donors there is no because bitcoin price movements depend on interactions between buyers and sellers on the exchange.

Offline Master107

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Re: What is bitcoin?
« Reply #28 on: November 09, 2020, 04:23:04 PM »
It is a digital currency and the founder of crypto world.
Donor? Maybe you want to say is creator. BTW, the name Satoshi Nakamoto is a very popular name. It is a person or a group that started Bitcoin.

Offline azmirihaque

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Re: What is bitcoin?
« Reply #29 on: November 09, 2020, 04:44:48 PM »
I think, it is a foolish question from a Full member. A newbe can make such question but how a full member can make such question. If you don't know about bitcoin, how you have raised your rank. You should study more. Yet I can describe a concept. A Bitcoin is a digital token with no physical existence that can be sent electronically from one user to another around the world. Satoshi Nakamoto in the inventor of this system.

 

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