Bitcoin Forum

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

We all know that bitcoin is a decentralized money and its purpose is to make transaction easier and cheaper.

But in this generation many people see bitcoin as a good alternative investment which is totally true and for me supporting crypto currency is a good help to promote this project to be used by all people in the future.

For me, Bitcoin is my one way ticket out of poverty and would help me a lot in the future. I would let my self be consumed by the cryptocurrency world.

is the bitcoin very important in your life to make money? or bitcoin just a financial support?
and how many hours a day do you spend focusing on Bitcoin?

i just got an info from my friend about Bitcoin where you can earn money and good for investment. Well I'm still new with the know how but i think it's true. ;D

In my own opinion, bitcoin can change my life and it can help me for my income while I'm studying.

It is a first decentralized peer to peer payment network that is powered up by its users with no middleman or no central authority.. its jut like a cash, a digital money.. and it can use for our daily need.. or more becoming source of income..

It's a way to hold something of value, transacted in a trust less, decentralized network. Decentralized and Trust less is key here because what it's aiming to do is take power away from banks. Why you say? Because banks are responsible to some of the most tragic economic crises. And they dont even have to pay for their mistakes because, they're simply too powerful to touch.

I think only learn what's BTC by internet that's enough. But if you want to hear from the members here, I will try to tell you!

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Maybe opinions of every members is different, but meaning to the same concept.
Thank you

Bitcoin is one of a cryptocurrencies now, it is a internet money.

Bitcoin is a decentralized, censorship resistant cryptocurrency that is secured by proof of work.

For more details, read the whitepaper and the developer documentation.

https://bitcoin.org/bitcoin.pdf

https://bitcoin.org/en/developer-documentation

I honestly am not an "expert" and do not understand it fully myself. But it helps to read the developer documentation over and over as a reference.

Bitcoin  is a cryptocurrency . Miners  , who solve the mathematical problems and mine this currency. It is  totally  online  process and also the blockchain technology. This is a digital  money. You can use this for your needs in life. You can got money from this and this is the  way to earning source in your life.  If you have  little money and you wants to invest in this,  this will be  the right choice  for you. Because maximum time this currency  hold a huge price and if you invest  with it you can gain a  good  amount. If you be a miner in future it will also be very helpful for you  in earning.

In my own opinion, bitcoin is the way or key for those people who are jobless.  Bitcoin can somehow help to fill all your needs. It can also help if you or your family have financial problem. In bitcoin, here you can easily gain huge amount of money without a hustle because all you gonna do is to buy and sell bitcoin, join some campaign and post about bitcoin and share the campaign you just joined. And, in order for you to have that jaw dropping amount of money, all you need is hardwork, patience, and be optimistic. Having those characteristics can greatly affect you as a good holder.

Bitcoin is a decentralized currency, which helps people to transact money faster and easily. It is the hope and motivation of every users to pursui their dreams. Discovering bitcoin mades my life complete, it gives me what I needed, I realized i can be independent on my own, and pay the hardworks what my family given to me. Bitcoin can change everyone life.

Bitcoin is the first cryptocurrency ever made. The person who created bitcoin uses the username Satoshi in this forum. Bitcoin uses a blockchain technology and this technology allows everyone to check how many bitcoin are already in the circulation. Right now the number of circulated bitcoin is 17 million bitcoins.  The maximum supply for bitcoin is 21 million bitcoins.

In the fiat currency the US dollar is the main currency being used by the world so we can trade with other countries since they will not accept our local currency. In the cryptocurrency world bitcoin is like that US dollar since we cannot have other coins or trade with it without trading to btc first.

In my opinion according to what I have learned for the last few months since I am started to know about blockchain and cryptocurrency. Bitcoin is a digital currency to which we can use to buy goods and services. Moreover, nowadays people realized that bitcoin is a good alternative way for investment specially during last year that the price of bitcoin rise. More people bacame interested even lots of ICO started. On the other hand, it gives an opportunity to more individual to earn income.

Excuse me,I just want to answer your question.For me,bitcoin is just a financial support.Sometimes I am spending 4-6hours a day for gaining new knowledge about it. Just a tip of advise,don't let bitcoin drive your life. You still need to have a quality time with your friends and family.Make it balance! ;)

Bitcoin and whole crypto was a key to freedom from central banks;) But now because of lots of greedy people and manipulation, it is just a new promising tech to store and transfer money.

in my view the bitcoin is the first digital currency in the modern era that makes it easy for us to make payment transactions between countries and local, and with bitcoin we can get a big advantage by way of investing with bitcoin

For me bitcoin is a cryptocurrency that can be use as a payment Alternative for fiat. Bitcoin is volatile so you can make profit by its price changes and also a good investment. also bitcoin is decentralized so no one can make control of it.  :)

For me bitcoin can reduce poverty in the world and help change someones life to become better. Bitcoin is a big help for me for the studying of my siblings. Bitcoin gives me high income in my investment. Bitcoin is very helpful to everyone.

For me bitcoin is the evolution of money and will change how we purchase products and services.
The main topic should be what is blockchain? Bitcoin is just the surface, if you would do some research about the blockchain you will be amazed of how it will transform our daily lives.

I think no need for this topic because we already see here in forum what can bitcoin brings and what is it

Another thing study crypto here in forum because it's worth it

Bitcoin is digital currency that can move with just a little click at your phone in other place or in other country

bitcoin is virtual money in today's modern era, with today's electronic sophistication we can get a big advantage by joining and investing in bitcoin, and with bitcoin we can get out of poverty and with bitcoin also change the lives of its users to prosper

Okay so you are guy who understand the language of people but not the articles. Yeah that kind of people are always there in the classroom too!  :D

To be honest the Bitcoin itself is very vast subject to talk about and not everyone can gain you most of the knowledge in single post. However I will try to explain it in a completely different topic created for the noobs like you. So just keep watching my post and I will edit it with the link in here. So stay tuned with me. I will try to make it as descriptive as it could be. I understand how difficult it is to know all the things in one place.

I want to give a less technical and more pragmatic definition. Bitcoin is a democratic currency not based on the power of governments and central banks but on the shared acceptance and trust of users.

bitcoin is a digital currency in the form of investments and easy-to-use transactions, to gain profit in the long run and short.

Bitcoin is the world's first crypto currency. Therefore, the most popular, and has a very high price compared to other currencies. Bitcoin is decentralized and does not subordinate to the countries of the world. Therefore, each user can anonymously make a transaction with any person in the world. This is more convenient than the classical monetary method

for me, bitcoin is a future currency that help us to improved our life,and bitcoin is a like a job that we can earn money in a easy way,transact to other in a easier and fastest way.

I think bitcoin is a decentralized virtual currency that can not be controlled by any party. and now bitcoin has been widely recognized by investors around the world who point out that bitcoin is not just for doing transactions as they do but bitcoin has now become a very lucrative investment asset financially. that's only part of my knowledge of bitcoin and of course there's still another assumption about bitcoin.

As far as I know,  or according to my own understanding and knowledge about bitcoin , bitcoin is a cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography.it had two components , the ownership and a distributed network that maintains a ledger of balances of bitcoin-the-token.

Actually Bitcoin is everything to me. Bitcoin is an asset to me because it has filled my money problem. it is a part of my life  because at present I cannot think anything  without Bitcoin. and at last it is my life changer because it has bought happiness in my life.

My concept about is very simple , it starts with digital currency and ends with earning opportunity for me. :-)

Well I always like to be straight and as being non technical guy I am pretty sure that I better look at it as earning opportunity as it's technical development and other aspects doesn't really excites me in first place. Also, I would say bitcoin is something that is hard to believe at first place due to its ever growing prices and sometimes they touch the sky which makes us think twice whether this is a real or not. But yes, it's real thing and you can actually live upon it if managed properly. :-)

Bitcoin is peer to peer money that is decentralized. This is the money you really own and there is no interception from governments.

Bitcoin is a digital currency and worldwide payment system. It's the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.

Bitcoin in ten simple words: anonymous, decentralized, digital, free, volatile, public, fast, risky, international, fiduciary.

bitcoin is a digital currency that is decentralized that means it can not be controlled by any party. Bitcoin is the most popular and has a very high price compared to other currencies.

Yes it is true as what your friend doing as long as you will work hard and have dedication in life even if you have failures it doesn't matter as what they have said you can learn through your own experiences.

Bitcoin I think is very capable of relying on someone to improve the economic system because with the help of a very fast exchange rates cause traders to become enthusiastic in the search for income every time.

Bitcoin can be described as a peer-to-peer digital currency that is fast, secure, decentralized, and can be acceptable worldwide. Bitcoin transactions are smooth, instant, and more cheaper compared to our traditional banking system which is slow, expensive, and centralized with zero privacy - OMG, that's awful! The banks must be allowed to die for good. ;D

Bitcoin is first the chief of crypto/digital currency,it only work for people that are cryptofanatics, bitcoin is like an investment for me that is secured, I like it alot..

Bitcoin is one of kind of source of extra income, because we have the freedom to earn, that needs of knowledge. The bitcoin is a currency that we can invest anytime. It may helps a lot to the people.

For me, bitcoin is a kind of source of extra income because bitcoin can buy anything especially your everyday needs and it can help us for our tuition

Bitcoin is a form of decentralized money which are developed on Blockchain technology, that enables transaction without the intervention of any middle ground. To me, Bitcoin is the opportunity that enables not just to have some asset, rather earn value profit from it.

in my opinion bitcoins plays a vital role in the electronic currency.... it is a good source of investment as it gives sufficient returns to  the investors...it is a better options to invest there in..

Bitcoin is an introduction to trading. I started trading in Bitcoin many years back as a teenager when it was worth around $500 per Bitcoin, and it (along with other cryptocurrencies) provided me with an insight into how trading works.

For some, Bitcoin is the only thing they would ever trade; people enjoy the volatility and the risk involved, but also the potential for reward. Personally, I prefer safer stock options to trade, but Bitcoin has been invaluable in making me a better trader, and smarter financially.

In my opinion, bitcoin for me is financer, for obviously can support financial needs, but it depends in own strategies on how it wisely manage their bitcoin.

If I were to avoid any real, existing definitions, I'd say that it's a way to hide from government control and intervention. Since the government is using us as work horses for its own benefit, being able to hold and move our wealth without anyone knowing about it gives us back the freedom that we've lost centuries ago. Bitcoin is a way for the little guy to remain independent and be able to say no and leave the country if he doesn't like its policies. That's why it became so popular among the Chinese, because it's not that easy to take everything and leave a socialist country. You're a cog in the machine and cogs can't just jump from one machine to another.

For me, bitcoin is a source of income, a financer, because bitcoin help us gain big profit, to support our family financially and for future expenses. Bitcoin as what i learned is the first decentralized digital currency, the most convenient among all the crptos. You can make transactions without third party, means no bank, no fees to be deducted for the services.

Bitcoin is the revolution. A safe haven for people who are worried about the future. A currency that doesn't inflate, the first of its kind.
In my opinion even if it won't become the world currency it will show people how it's done and they will keep making better ones until we finally get rid of fiat.

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never be done more from one time.

Bitcoin will be considered as a great provider to those who are in needs. It touch lives to be more extreme for every challenge.

Bitcoin is crypto currency that is acceptable all over the world, and also use for purchasing of goods and services, with lesser charges, in other words bitcoin has race men from graze to Grace, and also in the future use, I have been benefited from bitcoin, and is an asset.

For me, Bitcoin is a good alternative investments.  It's a one way ticket out of poverty where you can earn money if you are a good in this cryptocurrency world. It's help a lot of people who is a positive outlook of it.

I see my opinion about bitcoin as a tool to help improve the quality of life.

Bitcoin is the way to catch a development early for me. As of the period we have been living in, we are too late for technological development and opportunity. But the Bitcoin revolution is just getting started. For this reason, I do not think I missed this development.

For me bitcoin is an  alternative money or digital money that we can used in order to pay our transaction online. Bitcoin is also a decentralize and the transaction being made is private and anonymous. Also bitcoin can help those jobless and an alternative investment.

Bitcion is a new technology form into innovations an exchange  of profitable  business transformation of money  that are useful in the community can improve our knowledge and the society.

To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as "bitcoin.".... :)

Bitcoin is a digital asset and simetimes called as digital currency because it can take function as currency like fiat money.It was created and introduced by satoshi nakamoto in japan in 2009. It is operated under decentralized blockchain system with no issuer or regulator and limited supply.It can be used as investment instrument for investors.

For me, Bitcoin is cryptocurrency and Bitcoin is a good way to earn money easily. You can invest in Bitcoin, buy using Bitcoin and sell your Bitcoin. There are so many benefits and opportunities in Bitcoin. Also, there is a flaws or risks in bitcoin (many to mention). Bitcoin is volatile, you will never know when will the price increase or decrease and Bitcoin is decentralize so no one can take control of it.

Popularly bitcoin is a decentralized money and its purpose is to make transaction easier and cheaper. But in my own opinion, bitcoin is a decentralized ''digital money'' technology developed by Satoshi Nakamoto to liberate people from financial bondage.

Bitcoin is a kind of job that can undermine your lifestyle toward the edge of success.

For me, bitcoin is a ladder for other cryptocurrency's
Because Market will depend on the bitcoin.

Bitcoin is the future nothing more nothing less...

BTC bitcoin is a bubble. so it is looks so good and colorful to me. but always have an apprehend to disappear I mean vanished. 

Bitcoin is not a magic stick or get quick money scheme. In fact, it is just another form of money having some more benefits as compared to that of the traditional payment system. Most of us have invested in it for the purpose of earning speculative gains (I am not against it) but I believe that we should give first preference to use it as a mode of payment because that's what Bitcoin is all about in its core.

Bitcoin a cryptocurrency. bitcoin all over the world in many popular.
bitcoin many popular has people of desire, the chance to all win with all of the popular happened.

I believe that bitcoin is the digital currency of the future, which at this stage is only at the beginning of its recognition by the world and development

In my opinion, Bitcoin is a digital currency and it is one of the sources of income. Bitcoin improves human life and reduces the number of unemployed people from the country. Bitcoin liberates people from the curse of poverty. Bitcoin is one of the best profits and the best source of investment for large businesses and money for future.

Bitcoin is a digital and global money system currency. It allows people to send or receive money across the internet, even to someone they don't know or don't trust. Money can be exchanged without being linked to a real identity. The mathematical field of cryptography is the basis for Bitcoin's security.

A Bitcoin address, or simply address, is an identifier of 26-35 letters and numbers, beginning with the number 1 or 3, that represents a possible destination for a bitcoin payment. Addresses can be generated at no cost by any user of Bitcoin. For example, using Bitcoin Core, one can click "New Address" and be assigned an address. It is also possible to get a Bitcoin address using an account at an exchange or online wallet service.

I think bitcoin is a high value digital currency and attracts a lot of people.