Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: CryptoGirl on October 25, 2017, 05:14:42 PM
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
-
Bitcoin - it is a new world with new opportunities! Alleluia, Bitcoin!
-
bitcoin is the virtual currency, the function is the same as the current currency, only klo bitcoin there is no physical form like the currency that we have been using for this, and for now bitcoin can only be used as a medium of exchange on the internet only, it also certain people who know bitcoin..
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
your post is answered for your subject. am i right?
-
Bitcoin is a digital currency, where you cannot only store on a digital wallet over the internet and you can only use with the help of the internet.
-
Bitcoin adlah mata uang digital yg telah terbukti
Mewujudkan smua mimpi" penggunanya..
Dan bitcoin bgitu sngat menjanjikan untuk masa depan..
-
bitcoin is the best of all cryptocurrency the highest in all virtual money ;)
-
It is the first decentralizedcrypto currency in this world.
Bitcoin was invented by an unknown person or group name Satoshi Nakamoto.
-
bitcoin is virtual money like dollars, which we can turn into money
-
Bitcoin is digital currency and it is our dream
-
Bitcoin is a digital currency and make u happy if u have so much bitcoin. :D
-
bitcoin is the future ;D
-
Bitcoin is a new technology we've never seen before, so a better way is to look at Bitcoin as a combination of different things that we know because Bitcoin makes it easy for you to move money, Bitcoin is a payment system, just like a bank transfer or credit card method, but Bitcoin is a little better.
Bitcoin resembles gold - this is why many people refer to Bitcoin as' digital gold 'or' Gold Bitcoin as gold that functions as money, but Bitcoin is very easy to transfer (transferable).
Bitcoin resembles the Internet because no one person or entity controls it, so anyone can use it as they wish. This is a very unique characteristic.
-
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.
And it is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! ... The price of bitcoin skyrocketed into the thousands in 2017.
And Bitcoin work by a transaction that transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.
-
Bitcoin is a digital currency or also called crypto-currency as i know this is a simple way of payment of any online transaction. Bitcoins can be also traded for goods or services with vendors who accept Bitcoins as payment.
-
Bitcoin is a worldwide/global and universal digital currency (cryptocurrency) that uses a public ledger system (called blockchain) to record & verify all transactions. a useful way of moving money yourself to the next person across international borders with no middle man like banks, thus resulting to very low costs. It is completely decentralised meaning it is not controlled by any government, regulating body, individual company, or person nit rather transactions are kept across a distributed network of computers with no single point of failure or single centralised control.
-
What is Bitcoin?
Bitcoin is a digital asset developed in 2009 by someone under the pseudonym of Satoshi Nakamoto (http://Satoshi Nakamoto). This digital asset is like gold, but only available in the digital world. The concept may sound like eGold, although it is actually much different.
Bitcoin as a digital asset has the following features:
1.Instant transfer in peer to peer.
Peer-to-peer itself means Bitcoin runs without having a central server. The storage servers are decentralized and distributed-shared to the various servers run by each user connected to the network.
2.Transfer to anywhere
Unlike gold, Bitcoin can be sent anywhere in seconds, whenever and wherever you want. Shipping with Bitcoin can happen only with a smartphone's capital and internet connection.
3.The transaction is irreversible, meaning once transferred it can not be canceled.
Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is willing to send the Bitcoin back.
4.Bitcoin is not controlled by any agency or government.
Bitcoin using the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in Blockchain. All transactions are recorded live, transparent, and spread over millions of servers. Those who want to alter or falsify Bitcoin transaction data, must hack millions of servers at the same time.
so little do I know about Bitcoin. :)
-
it is a digital currency (not physical cash) but can be used to make transactions over the internet. i hope this helps
-
As I know bitcoin is a digital currency that helps the market to grow according to its value it is also a digital assets of every individual who join crypto.
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
Bitcoin is the first decentralized digital crypto currency technology that was invented on 2009 named satoshi nakamoto.This is used as a mode of payment.
-
Bitcoin is first digital currency or cryptocurrency that supports online payments or online transactions and not to.mention. Bitcoin is the best cryptocurrency in the history.
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
Bitcoin for me is a digital assets that you have if you want to invest you will get a higher profits it is also called blockchain.
-
For me in a simple and funny idea that I guess thoughtful it is a coin.
Bitcoin is a coin but highly valued. It is the all time dream coin price ever in crypto life of coins.
One price of a coin can have an equivalent to house or car depends on house and car price.
-
For me Bitcoin is a form of virtual currency, created in 2009 by a mysterious person Satoshi Nakamoto as the world’s first crypto-currency.
-
Bitcoin is a cryptocurrency that has all the fundamental fuction of a fiat money. Like fiat money it could be used to pay goods and services aside from the fact that it could also be used for trading.
-
It is the new form of effective business in the world of investors, businessman, and supporters. It is also the future of currency all over the globe.
-
Bitcoin is a new currency that was created an unknown person . Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands...
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
Bitcoin is changing life of most people.
Bitcoin is a way of innovating of our economic system.
Bitcoin is a digital asset.
Bitcoin is limited
Bitcoin is decentralized
Bitcoin is the first digital crypto currency.
Bitcoin is owned by satoshi nakamoto.
-
Bitcoin is a internet money that you can transfer or change into real money. By doing some investment and trading. Which allows you to perform a legit business online. And bitcoin is a coin that you can withdraw or change into realy life money.
-
Bitcoin is the mother of all Coins.
-
For me bitcoin is a new digital currency that gave a opportunities to all people who knew about bitcoin and i think that bitcoin is our future in new world.
-
for me Bitcoin is the king of cryptocurrency and worldwide payment system, the system works without a central bank or single administrator.
-
I haven't seen the bitcoin whitepaper yet. Can someone post it here? Thank you ;D
-
Bitcoin is a proven digital currency.
It manifests all the dreams of its users.
And bitcoin is so very promising for the future.
-
Bitcoin is a market whose transactions are crypto or coin and transactions online
-
Bitcoin is digital currency, It is the first decentralized digital currency. Its conception is peer-to-peer and transactions take place between users directly.
Blockchain is a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.
-
Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
-
a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Base on my research😁😁
-
First of all, the generic term for Bitcoin is cryptocurrency, as Bitcoin is merely one kind of the multitude of other cryptocurrencies. And thus another question arises - what is cryptocurrency? Here's one very concise definition I came across the other day.
Cryptocurrency : a digital currency produced by a public network, rather than any government, that uses cryptography to make sure payments are sent and received safely.
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
I think Bitcoin is a tool for doing transactions over the internet and bitcoin does not exist wujutnya du real world, but I do not know if one day there is a real coin,
-
bitcoin is a digital currency as a manifestation of the development of technology and the internet. the various convenience offered in hopes of supporting people's lives makes the community more vibrant mobile, advanced and easy no doubt. cryptocurrency can be used as dealers ' selling like a fiat currency.
-
A type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. This thing is a key to improves the future and helps to create more innovate and globally competitive business investments, the key to change and improves the lives of the people.
-
Bitcoin is the first cryptocurrency built on the blockchain technology. We can say it is the mother of all cryptocurrencies
-
Bitcoin is the first decentralized digital currency use digital coins can send through internet and transfered directly person to person via internet without going through the bank or clearinghouse.Bitcoin has a lot of advantage compare to others.Your account cannot be frozen and there are no prior condition and arbitrary limits or personal whim.
-
Bitcoin is digital coin and the most popular in cryptocurrency.
-
bitcoin is a digital currency stored in a bitcoin wallet, which can be exchanged for whatever money.
-
bitcoin is a digital currency that can be stored in bitcoin wallet and adaya on the internet, but this currency is already recognized in other countries .
-
Bitcoin is a global electronic ledger.
-
bitcoin is the currency in the git that is in intetnet and adayain adaya in the internet wallet, bitcoin this new currency that already in agree i state other countries .
-
bitcoin is the currency in the git that is in intetnet and adayain adaya in the internet wallet, bitcoin this new currency that already in agree i state other countries .
-
Bitcoin adalah mata uang digital yang di simpan di walet,tapi itu banyak macam bitcoin,dari btc,cripto dan lain lain.
-
bitcoin is a new currency in the new world of money that there nominya not aday.itu is bitcoin.
-
Bitcoin is a digital currency in the form of coins that can be used to make transactions between countries easily and cheaply. The system used in bitcoin is easily seen by all users or open miners. The idea of making bitcoin was initiated by Satoshi Nakamoto.
-
digital money where encryption techniques are used to regulate the creation of currency units and verify the transfer of funds, operating independently of the central bank. This is the key to improving the future and helping to create more innovation and globally competitive business investment,
-
Bitcoin is the first ever made crypto-currency being processed through blockchain technology, which is used as a replacement of money to buy commodities and pay services in some other countries. It is known in other terms like; digital money or even a digital gold due to its big and increasing value.
-
What you write has represented the true meaning of bitcoin. I might add a little, that bitcoin can provide many benefits to its owner. In addition to being financially profitable, bitcoin can also facilitate buying and selling transactions between bitcoin users.
-
Bitcoin is a business of crypto currency mining. Bitcoin itself is a Digital currency that can be used anywhere and in any country, depending on local conditions. Bitcoin is a profitable business. many ways in it to get money. and that is indeed a fact. because there are still many people who are hesitant to enter the Crypto Digital Money business.
-
Even if BTC is today in retreat, the change it has made on the market, in economics, finance and banking is simply impossible to evaluate. Thanks to it, blockchain technology is developed by the largest technology companies. Cryptocurrencies began to be the subject of even legislation! Thanks to Bitcoin's success, other cryptocurrencies develop.
-
Bitcoin is the king of Cryptocurrency in the crypto world. Bitcoin is the biggest coin market that has ever existed in the Crypto world. Bitcoin is the only coin that has a big influence on other coins on the market. and that causes more and more users to buy Bitcoin.
-
It is the first decentralizedcrypto currency in this world.
Bitcoin was invented by an unknown person or group name Satoshi Nakamoto.
Bitcoin is the pioneer of all the coins in cryptocurrency, so that is why it is the number coin and the most expensive among all.
-
Now i understad different betwen conventional digital aset such as T cash, BNI tap cash and others payment it need bank. Different cryptocurrency it is not use bank and it is easy to payment.
-
The mother of all virtual currency, this coins also offer a lot of campaign that can everybody surf and want's to earn regarding by joining any bounties and signature campaign. The coins called bitcoin are useful for all the people on crypto currencies, this coin can used any transactions on the digital currencies, a lot of people familiar about bitcoin.
-
Биткоин это самая первая в мире децентрализованная цифровая криптовалюта, появился Bitcoin (BTC) в 2009 году. Эта валюта принципиально отличается от всех ранее созданных электронных валют и платежных систем. Она не привязана ни к каким физическим активам или «официальным» валютам, а цена цифровой монеты биткоин, регулируется исключительно рыночным спросом и предложением т.е. там тем какую ценность вкладывают в нее сами люди, аналогично золоту например. У биткоина есть очень значительная схожесть с золотом — ограниченность запаса и общего количества. В случае с биткоином, его количество строго ограничено 21 000 000. И эта цифра еще без учета всех потерянных кошельков с лежавшими на них BTC, а раньше такое случалось часто т.к. пользователи халатно подходили к правильному хранению криптовалюты на биткоин-кошельках, ввиду того, что ценность монет на тот момент была не существенна
-
According to the designer of the system, Satoshi Nakamoto, - any central issue should be abolished and replaced by the personal (personal) emissions of the people themselves
-
Bitcoin is the first created cryptocurrency which is popularized through blockchain technology as a way of online payment for commodities and services in other countries. Through its popularity and usefulness, bitcoin become more valuable and known as the king of all crypto today.
-
Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the US Treasury calls bitcoin a decentralized currency. Unlike currencies in general, bitcoin is not dependent on trusting the main publisher.
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
For me bitcoin is a digital currency with the highest market capitalization and is also the first digital currency introduce in the market.
-
Bitcoin is a digital currency which is known also as crypto currency, that was being popularized and initiated through blockchain technology. Bitcoin as a replacement of money, it can be used to buy things, food, etc.., also used to pay services online.
-
For me bitcoin is the first digital currency introduce in the market and this is the most expensive coins among all coins available in the market today.
-
Bitcoin is an electronic currency created to facilitate transactions across the country at a lower cost. In addition, making transfers using bitcoin is faster than using bank transfers. Although bitcoin does not have a real form like fiat money, but bitcoin has very high value, so many people invest in bitcoin.
-
bitcoin for us is a digital currency, by the way we use it for investment and transactions, because for us it's also a good way we can get more profit both in the long run and in the short term because the price of bitcoin every day also increases.
-
Currency bitcoin is easy to use to get more profits, and in the form of investments and transactions.
-
Your explanation is almost the same as yours. For me Bitcoin is a non-digital digital currency that is on the internet and is used by the entire world community to transact online without going through third parties, such as banks. Currency is on a distributed database called blockchain.
-
Even if BTC is in retreat, the change it has made in the market, in economics, finance and banking is simply impossible to evaluate. Thanks to it, blockchain technology is developed by the BIGGEST technological companies. And cryptocurrencies began to be the subject of even legislation. Thanks to Bitcoin's success today, other cryptocurrencies are developing, such as ETH or the growing popularity of the FTO, but also the science and the IT world. Will bitcoin end, if blockchain end? Definitely yes. But never in the opposite way.
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
My opinion is that, Bitcoin is a virtual currency not physical. Even It has limited supply. Bitcoin only used in online not offline.
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
For me bitcoin is the first crypto currency introduce in the market and it ranks also as the top rank crypto currency among all coins introduce in the market today.
-
Bitcoin - it is where all this began.
-
BTW maby someone is interested to see short move how it all started: https://newsroom.futurocoin.com/fto-series-ep02-how-cryptocurrencies-were-created/
-
Bitcoin is first made as coins it has built his legacy in cryptoworld this is first major coins who made a big name in cryptocurrency so i guess this is unbeatable coins today.
-
Funs of Bitcoin should be happy to see last changes in market: https://frontend.coindeal.com/market/markets.html.
-
Thank Aileen for the links. This move https://newsroom.futurocoin.com/fto-series-ep02-how-cryptocurrencies-were-created/ is indeed interestinf for real begginers like me.
And for the market... thanks for good news :)
-
bitcoin is a digital currency, and in a good and easy way for us to use in investing in bitcoin, so we will also get better profits, because bitcoin prices also increase every day.
-
Bitcoin is an electronic money used for electronic transactions made in 2009 by Satoshi Nakamoto. The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the US Treasury calls bitcoin a decentralized currency.
-
Bicoin is the most popular digital crytocurrency.This coin has a volatile market price value.We can have a giod profit from it.
-
In my opinion, bitcoin is the result of the concatenation of blocks that have been resolved from blockchain technology, which form digital assets. In this case there are 21 million coins that must be solved on a computer block or blockchain, and the result is a valuable asset with a high value.
-
Bitcoin is a web cash that you can move or change into genuine cash. By doing some venture and exchanging. Which enables you to play out a genuine business on the web. Furthermore, bitcoin is a coin that you can pull back or change into genuine cash.
-
Bitcoin is a digital currency created to facilitate payment systems. Bitcoin was created with a decentralized system that can be controlled by everyone. Besides being used as payment, bitcoin can also be an investment asset
-
According to them Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network.
-
Bitcoin aside from being a digital currency, bitcoin is often regarded as digital gold which can be priced because it has high value. So it's no wonder that nowadays bitcoin is used more investment than payment.
-
I hope all knows about bitcoin they not want to describe what isit
-
Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage
So to do digital trade transactions, you have to be careful because of the rapid drop and rise of prices
-
Is anyone gping to the international forum on blockchain, cryptocurrency and mining - Blockchain Life 2018? It is in November 7-8 in St. Petersburg (Russia): https://coindeal.com/news/coindeal-is-registration-sponsor-of-blockchain-life-2018.
They will talk among others about how to create successful ICO? What to do when crypro market is falling? Investments to the future: how to choose the right way. Sounds very interesting.
-
many people think bitcoin is confusing even though bitcoin can be understood simply.
bitcoin is digital money created by satosi saka moto in 2009 known as BTC .
-
Bitcoin is an electronic money. Bitcoin allows for anonymous ownership
-
bitcoin is a digital currency that is on the internet, but many say bitcoin is difficult, but for me it's not easy, it's easy, and opportunities for all of us ..
-
bitcoin is a digital currency, one of the coins in cryptocurrency, more often used for investment tools because the price is very high, often sold, but many countries use it to exchange goods online .
-
dulu saya bingung bagaimana cara mencari uang mudah semenjak saya menemukan bitcoin,saya merasa bitcoin seperti mata pencaharian di masa depan.
-
Aileen thanks for the link. This is very interesting event. Are you panning to go there? Blockchain Life 2018... I wonder if they do something similar in France sometime.
-
This is a new generation of decentralized digital currency, created and working only on the Internet. No one controls it, currency is emitted by the work of millions of computers around the world using a program for calculating mathematical algorithms. This is the essence of Bitcoin.
-
bitcoin is a digital currency that we can use to buy something we want. By saving bitcoin we will be happy. enough to hold bitcoin. we will get a big profit bro
-
bitcoin is the virtual currency, the function is the same as the current currency, only klo bitcoin there is no physical form like the currency that we have been using for this.
-
bitcoin is a currency in gital that functions the same as a currency. it's just that if bitcoin can't be seen its physical form like the currency that we have used for everyday and bitcoin can only be used as a medium of exchange on the internet. and only certain people know bitcoin
-
Your explanation is correct. That Bitcoin is a non-physical digital currency on the internet that uses the Blockchain system as its mainstay in managing its finances. Bitcoin itself is a future digital currency that will affect the economy throughout the world and can be a future currency.
-
No problem Habbib. I have one more. maby you will be interested with this article where they give some tips about how to change life by cryptocurrency: https://medium.com/@CoinDeal/what-can-change-during-one-month-coindeal-answers-b19791fe3b99. I found it very usefull.
-
Aileen you are are hard-working bee using free time to search for knowlegde. I am very impressed. Thanks for sharing.
-
bitcoin is digital gold which can have an effect on its users both from negative and positive effects .
-
LOL Habbib, thanks. I had some spare time and wanted use it efficiently. So I searched for knowledge that I wanted share with others after. I belive in potential of cryptocurrency but only when you have foundation of knowledge.
-
Bitcion is a future digital currency is like a gold or dollar that exchange money ...the unknown person mr SATOSHI NAKAMOTO IS THE FOUNDER OF BITCION ..BUT WE CAN USE IT AT INTERNET ONLY. .BITCION IS non physical. .unlike are currency now that WE used at daily of our lives.
-
in my point of view, Bitcoin is virtual money where his physical cannot be seen, but the functionality and benefits can be felt. virtual money where it is not bound and tied by a specialized agency. but rather are decentralized and highly volatile.
-
bitcoin is a virtual currency, its function is the same as today's currency, only if bitcoin has no physical form like the currency that we have used for this, and for now bitcoin can only be used as an exchange tool on the internet, it is also people certain people who know bitcoin and besides that Bitcion is a future digital currency like gold or dollars
-
Bitcoin is a digital currency that can only be accessed via the internet and who has Bitcoin then his life will be financially happy
-
Bitcoin is a digital currency or a decentralized global transaction cash system. Bitcoin itself is a pure peer-to-peer cash version that will allow online payments to be sent directly from one party to another without going through financial institutions.
-
Bitcoin is digital currency the system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and help electronically. Bitcoins aren't printed, like dollars or euros- they're produced by computers all around the world, using free software.
-
I came to know about bitcoin as a dangerous, evil underground currency which is used to do all the evil deeds of "Dr. Evil" and other cyber crimes. Well, time passes and now I'm vouching for it.
Because , i found a list of cryptocoin Of all this coins, only a few along with bitcoin has survived. Even if all the coins would be accepted, not sure how many would be of real use.
It is the origin of history which will change the future financial protocol system of universe.
-
Bitcoin is a digital currency with decentralized market position. You can invest in it as you invest in different assets like gold, oil, silver, etc. Bitcoin has not achieved the goals of a regular currency as far as I think, what do you people think in this regard?
-
Bitcoin is the most potential coin in crypto history that no other altcoins can defeat its popularity and the all time price hike. It is also the possible beginning of the digital era in the future.
-
Bitcoin is a digital asset developed in 2009 by someone with a pseudonym Satoshi Nakamoto. This digital asset is like gold, but is only available in the digital world. The concept might sound like eGold, although it's actually a lot different.
-
BTC is in the retreat now, but despite this fact, the change it has made in the market, in economics, finance and banking is simply impossible to evaluate. Thanks to it, blockchain technology has become a topic that has been developed by the largest technological companies. Cryptocurrencies began to be the subject of even legislation (not to mention mass consciousness, mass media and art). Thanks to the success of bitcoin, other cryptocurrencies are developing today. However, I do not recommend investing too much in BTC. This is no longer a game for ordinary players. And these rumors about the price manipulation ... It's better to invest in altcoins - in my opinion. I've invested in the FuturoCoin altcoin (good exchange rate now due to BTC crash) and I hope it will bring me profits.
-
Bitcoin is a digital payment tool that can become a trading system for a market.
and bitcoin has the greatest value in this crypto world
-
Bitcoin is a digital -non physical - currency that exists over the internet.
The currency exist over a distributed database called blockchain.
Technically having bitcoins means that you are listed on ledger book as having an amount of this currency.
Please provide any simpler explanations if you have any.
your post is answered for your subject. am i right?
I hope you read the post to the end? Provide any simpler explanations if you have any.
Bitcoin - Its an internet money for the new generation of technology.
-
Bitcoin is a decentralized digital crypto currencies that can be store at digital wallet like MyEtherewallt.This coin market price value is so volatile but it is very valauble and profitable on all crypto coin now.
-
Bitcoin is a digital currency. It is also called the king of the cryptocurrency market. Bitcoin was created by Satoshi Nakamoto.
-
Bitcoin is a digital technology that is used as a valuable exchange tool, bitcoin is like money, and as the first cryptocurrency that is most sought after by many people
-
Bitcoin keeps me online every day in front of the computer.
This makes me comfortable because Bitcoin can make money by keeping my room quiet while sleeping. LOL
-
Bitcoin (BTC) as a digital asset has a feature as instant transfer in peer to peer. More comfortable and easy to use. And I think you also understand this.
-
in my opinion bitcoin is the strongest coin with high value and high volume in the cmc, the price of btc can control the market and it can take many year to have a altcoin can change bitcoin
-
Bitcoin is simply a decentralized virtual currency whose core feature is high volatility.
And it's only used in the Cryptocurrency space for carrying out transactions.
-
Bitcoin is a first decentralized currency that is use as a medium of exchange without the interfarance of a third party. Just like the early stages of money where transactions started by the barter system to cowries to gold, to fiat which we are now, Bitcoin will be a revolution that must happen and it is here to stay..
-
in my opinion bitcoin is a digital currency that has a very high exchange rate, bitcoin also has very sophisticated technology that makes its price can be high because the demand is also very high.
-
I think the people here know what bitcoin is and the technology that is owned by bitcoin.
-
Bitcoin is digital coin, with high volume and price, it can lead the Crypto market with high volume, and it can bring more profit for everyone who hold it
-
Bitcoin is a virtual online digital cryptocurrency which was invented by Satoshi nakamoto in 2009 July. In cryptocurrency world bitcoin is the king.
-
Bitcoin is a global currency which is invented by Satoshi nakamoto sir in 15 July 2009 which makes world changed. I support bitcoin the most.
-
Bitcoin is a virtual online digital binary currency which is invented by the famous gentleman named Satoshi nakamoto in July 2009.
-
Bitcoin is called cryptocurrency or digital currency. Bitcoin is the future of digital currency.
-
Bitcoins can be used for online transactions between individuals.
-
In my own definition, I see Bicoin as a means of payment that can be done without time and place, for example if we are going to make payments overseas, we must go to the bank and through certain processes, and we must come to the bank at the time the bank is open, and we get the fee, with Bitcoin we can make transactions anytime and anywhere and not get a fee.
-
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.
-
Bitcoin is the king of the cryptocurrency market. It was created by Satoshi Nakamoto. Bitcoin is a digital currency. Bitcoin is most popular coin.
-
for me bitcoin is the currency in the digital and new one day it will replace the currency, and the bitcoin currency is very suitable to save and invest .
-
Bitcoin is still a debate throughout the world because the system cannot be explained in detail in a short time.
It took several days to learn how Bitcoin works.
And until now Bitcoin is still controversial in some countries.
-
Bitcoin is a digital currency and there are many ways to use transactions and investments, in an easy and safe way you can use it.
-
Bitcoin is a digital currency, a virtual currency. It is the king of all cryptocurrencies. Its benefits are numerous, it serves as a means of payment and a medium of exchange.
-
It is decentralized.
It is Peer to Peer
It empowers the power.
-
Bitcoin - it is a new world with new opportunities! Alleluia, Bitcoin!
Nice definition.. Bitcoin is a virtual online digital binary currency. It is a new era of world and already it has created better atmosphere in the global economy. Bitcoin developed by Satoshi nakamoto team.
-
It is decentralized.
It is Peer to Peer
It empowers the power.
Hi. I can explain what is peering? The first time I meet such a definition in cryptocurrency.
-
Bitcoin is a decentralized digital currency without a central bank or a single administrator that can be sent from user-to-user on peer-to-peer bitcoin networks without the need for intermediaries. Bitcoin is cryptocurrency, a form of electronic money.
-
In my opinion, Bitcoin is a decentralized digital currency without a single central bank or administrator that can be sent from user-to-user on peer-to-peer bitcoin networks without the need for intermediaries at very cheap and safe costs.
-
Bitcoin is a digital coin and it has a high value also volume and lead the market base on the price go up and down
-
For me, bitcoin is just a means of earning money, as it used to be for animals in rice, so now it trades with bitcoin for real money. The other thing is about the same blockchain but that's another thing :D
-
Bitcoin is a virtual currency created to reduce the circulation of coins and paper, bitcoin is well made using the blockchain system
-
Bitcoin is a virtual online digital binary currency which is invented by the famous gentleman named Satoshi nakamoto.
-
it's true that bitcoin is a digital currency that is in online internet transactions, and we who have bitcoin are already registered on the Blockchain, and we have become part of the Blockchain.
-
Bitcoin is a virtual money, it is also called digital money. We can use it with the help of internet and cell phones. Bitcoin is a digital money that can be used to transact anything.
-
Bitcoin was the first popular cryptocoin. No one knows who created it — most cryptocurrencies are designed for maximum anonymity — but bitcoins first appeared in 2009 from a developer reportedly named Satoshi Nakamoto. He has since disappeared and left behind a Bitcoin fortune.
-
Bitcoin is the king of cryptocurrency. Which sole purpose is to make an environment where payment can be made easier regardless of border, country or continent
-
Bitcoin is a currency a form of electronic cash.decentralized digital currency and central bank or a single administrator that can be send to user or peer bitcoin.
-
Bitcoin is an easy-to-use and easy-to-process digital currency to benefit from the many things you want to do, both in trade and in other matters.
-
it's true with everything you say, that bitcoin is a digital currency that can only be made transactions in the internet world, and all bitcoin owners are listed in the database, and I strongly believe that bitcoin is a very good currency for currencies future, which will always have an increase in the price value.
-
it's true that bitcoin is a digital currency that only exists and only for transactions in the world that require internet networks, and bitcoin has very high prices and very fast price increases.
-
Bitcoin is a virtual currency created to reduce the circulation of coins and paper, bitcoin is well made using the blockchain system
What you mean by "reduce the circulation of coins and paper"? What coins? It is true that Bitcoin is created to fix the problem on Fiat. But I am not sure if it is created to reduce Fiat. Bitcoin is a new revolution in the financial sector. In the future, I think both of them will be used together.
-
Future of bitcoin is secure. Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency. Powered by its users, it is a peer to peer payment network that requires no central authority to operate. I suggest you give cryptolinks.com a go. They accept various payment methods, including Bitcoin.
-
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from devotee to user are the peer-to-peer Bitcoin network without the dependence for intermediaries.
-
Bitcoin is a digital currency that is fast, secure, decentralized and yet acceptable all the world.
Bitcoin was invested as a digital store of value and also a payment option, built on a new technology called blockchain.
-
Bitcoin is a digital currency that is fast, secure, decentralized and yet acceptable all the world.
Bitcoin was invested as a digital store of value and also a payment option, built on a new technology called blockchain.
It is evident. For me, Bitcoin is the best investment that helps me organize my life and make it much better.
-
"Some people also recognize Bitcoin as a representative of Blockchain industry. However, Bitcoin is actually just an application of Blockchain. It means Bitcoin is not showing all the aspects and advancements of Blockchain technology. Bitcoin is a cryptocurrency which can be used to replace fiat money in financial transactions. Bitcoin offers anonymity, transparency and security to its users."
- HBWallet
-
Bitcoin is decentralized virtual or digital money that can only be accessed through internet assistance. This can be used for any transaction in the world.
-
I think most people already know about bitcoin. With its phenomenal value it makes bitcoin more popular and many like it. Digital money can only be accessed by the internet.
-
digital currency that can only be controlled through an internet network and decentralized. that's a bitcoin that people often talk about.
-
Digital currency (digital money, electronic money or electronic currency) is a balance or a record stored in a distributed database on the Internet, in an electronic computer database, within digital files or within a stored-value card. Examples of digital currencies include cryptocurrencies, virtual currencies, central bank digital currencies and e-Cash.
-
I remember every time my friends ask me about what Bitcoin is. Every time I explain to them is about the digital asset. And when they are still confused and not know about it although have been told using some source from the internet, I will say about " do you know stocks?, it is like it for trading or investment, but it is different". It can be also used for payment.
And at least, they know that BTC has made me get earning. LOL
-
thanks everyone for explaining in really simple words)
-
Bitcoin is a technology we've never seen before, so here's the best way Bitcoin can be seen on the torque of different cheeses which we know because bitcoin makes it easy for you to transfer money. Wikipedia is better.
-
digital currency that can only be controlled through an internet network and decentralized.
I think we still cannot say it is a digital currency as only a few countries use it as a payment tool. Many people still use it for digital assets, people trade and invest in Bitcoin. By the way, in my opinion, once you state "decentralized", it means no control even if in internet space, bro.
-
I think it's easier for people to know what bitcoin is? Bitcoin is a currency in the form of digital data that can be traded or as a means of payment
-
Bitcoin is a digital currency which is used in blockchain technology and Controlled or work by internet. It can be used for any kind of payment.
-
Bitcoin is on of the best coin in crypto currenc. As Bitcoin is merely one kind of the multitude of other cryptocurrencies. And thus another question arises - what is cryptocurrency? Here's one very concise definition I came across the other day.
-
Bitcoin Is a digitall currency, a function is crypto currency, There is no physical form like the currency we use for it. Bitcoin can only be used as a means of exchange.
-
Bitcoin is designed to liquidate gamblers.
Buy and hodl strategy does not work!
You are better off creating business around crypto!
-
I think the outline of the meaning of bitcoin has been well explained by the OP and perhaps added to by other colleagues. does not need a broader discussion but the meaning of bitcoin is more important, namely bitcoin is a very profitable investment for those who really do it wisely and without panic because it can make big money.
-
Bitcoin may be a sort of cryptocurrency money dollars yen etc are often exchanged by hand but not within the case of token currency. Symbolic currency exists only within the sort of information within the world of the web. There are over thousand symbolic coins round the world these include bitcoin ethereum litecoin ripple.
-
Bitcoin is the best online Crypto in the crypto market. Bitcoin is a digital online virtual cryptocurrency which has value and service. Bitcoin first founded by a individual group of people, or a person named Satoshi nakamoto in July 2009.
-
Bitcoin is a transaction tool like paper money, it's just that bitcoin is not in physical form but in digital form, and bitcoin can be used as an investment such as gold and silver
-
Bitcoin is the king of cryptocurrenc. One of the reasons behind the increase in the price of bitcoin is that it makes it attractive to people over a short period of timeThat is why it has become one of the attractions of the current growth price Also, many people become interested in investing in it in a very short time
-
Bitcoin is king of crypto currency.Bitcoin is a first crypto currency implemented in blockchain technology.bitcoin is one of the first,other coins are only alternative coins.Also bitcoin is very promising coin for investments and more profitable.
-
Bitcoin is a digital currency that is very useful for the future.
-
Bitcoin is digital money where encryption techniques are used to control the creation of currency units and to verify the transfer of funds. Many still use it for digital assets, people trade and invest in Bitcoin. And so another question arises - what is cryptocurrency? Here’s a very brief definition I’ve come across the other day. Cryptocurrency is a medium through which people can buy and sell their bitcoins.
-
Bitcoin is a cryptocurrency a new currency that was created in the 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men banks! Bitcoin can be used to book on Expedia, shop for furniture on Overstock.