Bitcoin Forum

Other => Beginners & Help => Topic started by: Nakamotish on October 25, 2017, 03:29:11 PM



Title: How Would You Explain Bitcoin to a Newbie?
Post by: Nakamotish on October 25, 2017, 03:29:11 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Jerzzz on October 25, 2017, 04:00:08 PM
say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: HeRetiK on October 25, 2017, 04:10:10 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Nakamotish on October 25, 2017, 04:11:00 PM
say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.

I was not able to join the bitcoin buzz for a long time, because i could not understand how it works.
How can you make a bigginer easily understand bitcoin?


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: setifien19 on October 25, 2017, 04:16:29 PM
Simply tell'em it's a 6000 $ per unit  ;) ;) he will run from starting statue​ to pro one ... Just tell him it's a virtual money that doesn't exist physically​ , it's a new tech allowing people to send money online in a decentralised way ; in such case there's no need for 3rd part


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: AGD on October 25, 2017, 04:19:28 PM
I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Emoclaw on October 25, 2017, 04:20:59 PM
I'd tell them that Bitcoin is a trustless, transparent, peer-to-peer decentralized digital currency. But that depends on how technologically literate the person is generally. I wouldn't say that to an older person who might not be as familiar with technology as younger people.
I would then direct them to this page: https://bitcoin.org/en/faq & this forum.
And tell them to Google any additional questions they have.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: beatleap on October 25, 2017, 04:21:36 PM
I would tell them to read satoshi whitepaper themselves thats the only way they will be able to understand it and they can revisit it when they don't understand anything.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Mikasa77 on October 25, 2017, 04:24:45 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I can explain to a newbie how bitcoin works in a very simple to complex way. Ofcourse,  they are just a beginner so they wouldn't understand the deep side of bitcoin. I will first let them to become interested about bitcoin by telling them my own experience, hard work, dedication I've spent to earn money and knowledge here. After that, if I've already seen the curiousty in their eyes,  then I will them to them what are the ways to access it and also I will give them some beginners tips  so that they would not experience too much difficulty in joining bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Xzhyte on October 25, 2017, 04:27:42 PM
say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.

That's right. I actually just watched some youtube videos and some googled information. That's where I found out about this forum. Then almost everything I know about bitcoins right now was from this forum.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Terry05 on October 25, 2017, 04:28:57 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I will used the internet to explain to him/her what is bitcoin and usage of bitcoin in every day life. then if he/she already have an idea, I will teach him how to earn and invest in bitcoin to gain profit.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: buwaytress on October 25, 2017, 04:29:55 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

That's a lot like the version I tell them too! I actually just say it's just like a currency, it's digital and it doesn't need you to trust a bank or service to make sure you can send and receive it. Let's face it: this is how most of us first learnt about Bitcoin... the trustless, decentralised P2P nature came in next and that got us hooked.

It's way too early to show people technically complex videos and guides. I recall that experiment in 2014 when MIT students were given Bitcoin. More than half immediately converted it to cash, and only a handful of the rest went on to learn and understand Bitcoin properly. It's not as easily understood by the majority of people.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Tamim121 on October 25, 2017, 04:30:34 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
Bitcoin is the digital currency. It's very useful and helpful. You can get money by this.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Nakamotish on October 25, 2017, 04:35:37 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: killerfrost on October 25, 2017, 04:36:45 PM
I think I should introduce them to this forum, maybe they will learn a lot about Bitcoin. In addition, they will change their outlook on virtual currencies. In addition, you can explain them by giving them the definition, development and value of Bitcoin at the present time.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Hawkers7 on October 25, 2017, 04:46:04 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

We just need to accept the fact the some of the people don't know bitcoin yet. Some of them know and become interested of it but do not know how to start bitcoin. In order for you to explain the concept of bitcoin in a simplest way to them is to ask them first what is their knowledge about bitcoin. It could be your starting point and that is knowing where you coukd start explaining to them about the concept of bitcoin. After knowing how far their knowledge is, start explaining and correcting the false ideas they have said. And then tell them to get access unto it and how they can earn due to their hardwork and determination.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: kakoli akter jhumu on October 25, 2017, 04:47:11 PM
As far as i have learned about bitcoin as a beginner......it's a virtual currency  and my easiest way to make someone understand is to tell him/her that it's a digital money system to send and receive money from unknown people.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Dilladupak on October 25, 2017, 04:57:06 PM
my friends are many who understand this forum, but with them still can not figure out how it works to get.  and they know that I have studied the science or the result of bitcoin so they need help for me, with the little time I use to encourage them, by reading in this forum they finally understand a lot now,


with them making a little investment in trading for the right way of generating a lot of results  and even every day, eventually many of my friends to date have many successes.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: HeRetiK on October 25, 2017, 05:08:42 PM
"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?

I'm not sure I understand your question. What do you want to do? Get paid online? Use Bitcoin to buy stuff? Use Bitcoin to store money? Use Bitcoin as an investment?

There are a lot of use cases for Bitcoin, some for which Bitcoin more viable than others. You don't have to be rich for any of those, however.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Nakamotish on October 25, 2017, 05:14:22 PM
"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?

Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?

I'm not sure I understand your question. What do you want to do? Get paid online? Use Bitcoin to buy stuff? Use Bitcoin to store money? Use Bitcoin as an investment?

There are a lot of use cases for Bitcoin, some for which Bitcoin more viable than others. You don't have to be rich for any of those, however.


Thank you, I can see you are a hero member here, you have done very well for yourself. I want to make money with bitcoin, please do you have some tips to share?


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: adadaorlina on October 25, 2017, 05:30:32 PM
Tell him what Bitcoin is and share him a story how u start a new currency and how you learn and earn to it, introduced to him this message board forums where people interested in the technical details and the development of Bitcoin for more knowledge.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: faycel96 on October 25, 2017, 05:51:54 PM
bitcoin is a virtual currency that is somewhat similar to the known currencies of the dollar, the euro and other currencies, you can sell and buy bitcoin only online without a physical presence .


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Pinkris128 on October 25, 2017, 05:56:11 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
I would going to tell all my experience here in using bitcoin. But before that I will explain how bitcoin work and what bitcoin is by giving an example so that it will be easy for them to understand it. Giving an example is the best way for me because its like an evidence that you can show to them. I will also give them some articles about bitcoin that they can read if they are really interested on it.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: carlisle1 on October 25, 2017, 06:29:17 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

Well if ever I saw that they are really interested to know the essential things on bitcoin then I will be willing to explain it to them . Explaining it to them is not that really hard it will be only complicated for them if we are going to put such words as "you can earn money here" because their focus will not be on bitcoin but to the way that they can earn, just tell them what is its purpose, what makes it to be good to consider on its purpose, what bitcoin is capable of and the common question from others is "how come bitcoin has a value" .


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Zeveru1001 on October 25, 2017, 06:33:53 PM
Perhaps now, there is no need to explain anyone about bitcoins as already bitcoins are much famous and are most working cryptos ever. Bitcoins will definately grow more on it self without any publicity.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Jafri101 on October 25, 2017, 06:34:13 PM
I shall tell him about the crypto world 1st relating it to online shoppings. Aftrr that ill introduce cryptocurrency's concept and its price. I can say that when one will hear its initial price and the price its having now,will dedinitely atttact the newbie.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Nisharawal on October 25, 2017, 06:48:05 PM
Explaining about the bitcoin is really what matter's the most for its growth and now explaining more about the bitcoin is what makes feel good when we teach the guy who is in need of using bitcoin transactions at the most important level. Actually i was referred to this forum and about bitcoin from one of my friend's clear explanation and today even i am referring bitcoins to my friends,to my relatives and also about this forum. there is No need to worry about anything you just need to explain in simple and understandable way with recent or past example like this "Peer to Peer payment gateway system with less commission" and i am sure that you will explained in much better way.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Fretcy on October 25, 2017, 07:09:09 PM
I would say how bitcoin started, when it started, its uses on the world and so on, bitcoin protocol was started in 2009 as a digitized currency by the pseudonym satoshi Nakamoto. Bitcoins are stored in a wallet only the user's have sole right to control their own wallets, bitcoins can be transferred from any where in the world to anyone without a third party involvement unlike banks, this system has brought financial freedom to everyone and all the bitcoin transactions are recorded in the public ledger called the blockchain technology anyone can keep track of the bitcoins in the blockchain technology. Bitcoin is a good investment option as the value of bitcoins always keeps on booming over time.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Fancyax on October 25, 2017, 07:14:25 PM
It's hard to explained to people not already interested in new technologies and online money.
Start by explaing banking system and how bitcoin is the opposite of classic banks.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: jhnnicob on October 25, 2017, 07:56:38 PM
I would tell them that bitcoin is like a money the you can buy anything online or its a some kind of gold that you can mine online and I also explain to them that it is a digital concurrency. To make them clearly understand what it is I allowed them to see my digital wallet.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: pat4cryptoreal on October 25, 2017, 07:59:15 PM
Just tell the person that bitcoin is a digital currency that is not being regulated by any Central Bank and it can be transfer through internet to any body in any part of the world just within some seconds


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: rainbow169 on October 25, 2017, 08:11:40 PM
Especially for Newbie who are aware of all the bad publicity about bitcoin, I will say it's a pyramid scheme, but a very very well run pyramid scheme, so much so that it may replace the previous best run pyramid scheme called gold.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Zorbak on October 25, 2017, 08:12:45 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

The most difficult it is that most of people they do not even know how FIAT works, they not even imagine that FED it is a private bank which sells USD to USA...even a lot of people still thinking that money it is backed by gold... so I think the best way it is to explain them how fiat works and after that explain what is bitcoin it is going to be very easy.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: penig on October 25, 2017, 08:45:59 PM
Especially for Newbie who are aware of all the bad publicity about bitcoin, I will say it's a pyramid scheme, but a very very well run pyramid scheme, so much so that it may replace the previous best run pyramid scheme called gold.

;D most revealing advice so far.  Ask why they might be interested in Bitcoin and pitch to that.  You can tell them about anonymity, transactions to anyone in the world etc and they'll shrug their shoulders if none of this applies to them.  You can start explaining about how it bypasses the banking system and they may well roll their eyes, do they care?  Or you could pitch that its a global internet based investment that has grown from nothing, worth thousands, get involved and it has benefits of transactions etc.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Kolchin on October 25, 2017, 08:54:03 PM
Я бы cкaзaл этo cиcтeмa в кoтopoй нyжнo paзoбpaтьcя и зa нeй бyдyщee!!


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: HeRetiK on October 25, 2017, 10:31:34 PM
I'm not sure I understand your question. What do you want to do? Get paid online? Use Bitcoin to buy stuff? Use Bitcoin to store money? Use Bitcoin as an investment?

There are a lot of use cases for Bitcoin, some for which Bitcoin more viable than others. You don't have to be rich for any of those, however.


Thank you, I can see you are a hero member here, you have done very well for yourself. I want to make money with bitcoin, please do you have some tips to share?

Well, in this case I will have to simply forward you to this thread:

https://bitcointalk.org/index.php?topic=1629118.0

In the end the most effective way to get your hands on BTC is either by buying some BTC or by offering services / goods that people are willing to pay for.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: wahb on October 25, 2017, 11:24:05 PM
Just tell the person that bitcoin is a digital currency that is not being regulated by any Central Bank and it can be transfer through internet to any body in any part of the world just within some seconds
But I think it is not so easy to convince a person and specially a newbie. If you are going to explain bitcoin to a newbie, it is too much important that you must also have good knowledge about bitcoin. you can also give him a practical example of yourself, through which we can more easily convince a person about bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: jekjekman on October 26, 2017, 09:36:19 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

What is the need of explaining bitcoin to a newbie? To entice them on investing in bitcoin?
Here's what I do. If you want someone to understand bitcoin try to explain them economics,
supply and demand law. how money is working. once they understand it they will understand
how bitcoin works.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Bytem3 on October 26, 2017, 09:57:30 PM
Check this guide: https://coincodex.com/article/27/new-to-cryptocurrency-this-is-how-you-start/


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: spinach98 on October 26, 2017, 10:23:21 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?


I will explain bitcoin to a newbie simply by telling that here in this site with bitcoin you can earn money, it is an additional source of income that you can do part time or fulltime. The more effort you exert the more money you can earn.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: AmXProX on October 26, 2017, 10:55:45 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?


I will explain bitcoin to a newbie simply by telling that here in this site with bitcoin you can earn money, it is an additional source of income that you can do part time or fulltime. The more effort you exert the more money you can earn.

I think what you're going to explain to that person is this forum website not the bitcoin itself.
It is better to explain to the person if what is the potential of the coin in the future. And the
difference of the coin to gold and fiat currency.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: akishang on October 27, 2017, 06:27:02 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

My answer would be on how it was explained to me. Provide the link to beginners & help section and have your buddy read the post in there. Explaining bitcoin will complicate things especially if someone was talking about bitcoin and have no idea about. When my friend was talking about it, I really don't understand a thing. I told him to send me the link and I will try to study it. Until now, there's a lot of things a don't know but I can learn things by reading the threads on this forum.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: masonli@M_27 on October 27, 2017, 07:47:52 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

bit coin is online money transaction we have to transfer one person to another person and one country to another country. it is completely online transaction and it we never to see. more secure and safe transaction and money earning site. so try to invest in to this. if we have to invest in to this coins and keep hold it few years then you are getting more profit from that. bit coin is future money it has great demand throughout the world. compare to paper currency bit coin has great demand so more people interested to buy it.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Krishan_94 on October 27, 2017, 07:53:15 AM
bitcoin is the first crypto currency which started in 2009 at a rate of cents.. Now it is almost more than 5500$ worth.. Its a future investment and leading crypto currency at the present ..


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: IQeon on October 27, 2017, 10:30:57 AM
I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t
I know it. Really good suggestion.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: perfect999 on October 27, 2017, 11:56:19 AM
Tell him what Bitcoin is and share him a story how u start a new currency and how you learn and earn to it, introduced to him this message board forums where people interested in the technical details and the development of Bitcoin for more knowledge.
I think that all the new persons who are unaware of bitcoin should educated properly through the different aspects, like the future of bitcoin, the earnings through bitcoin, the safe and secure investment in bitcoin and so on. I think first of all we should teach the newbies what is bitcoin and why should you invest in bitcoin. What are the features of bitcoin, and when they understand they will invest in bitcoin.



Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Sid3d on October 27, 2017, 02:32:00 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."

Or is that too shallow a description?
There is a Russian expression - brevity is the sister of talent. In my opinion, the whole essence of Bitcoin is described in your words. :)


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: nelsledma on October 27, 2017, 03:23:47 PM
bitcoin is a virtual currency that is somewhat similar to the known currencies of the dollar, the euro and other currencies, you can sell and buy bitcoin only online without a physical presence .
The way we should tell about bitcoin to the newbies is bitcoin forum because in this forum the newbie will better understand about bitcoin. What is bitcoin and why the people are investing in it. if we able to explain everything to the newbies then definitely they will take interest in bitcoin and by this way all the people in the communities will come to know about bitcoin and the value of bitcoin will go up.



Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: sharlene on October 27, 2017, 03:52:26 PM
By telling him/her to watch videos in youtube about bitcoin.. and to read and read about bitcoin until they fully understand..


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: marloupet10 on October 27, 2017, 05:16:35 PM
say what you experience before you are a newbie  in then i look some campaign free to join the newbie and I make a new thread to help what my first step to join signature campaign. i want to be a wide reader this forum.
where can i find the signature campaign? -newbie


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: trustdee on October 27, 2017, 07:18:38 PM
Just say,   

We outsmarted the government by inventing a kind of currency that is very secure and does not need bank.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: spinach98 on October 27, 2017, 11:28:41 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?


Bitcoin let's people money to anyone without a dictating central authority like a bank or PayPal with practically no fees.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Deathgamer on October 27, 2017, 11:32:18 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
Bitcoin is the digital currency. It's very useful and helpful. You can get money by this.



Bitcoin let's a lot of people to send money to anyone without a dictating central authority like a bank or PayPal with practically no fees.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: mk4 on October 28, 2017, 02:02:27 AM
bitcoin is the first crypto currency which started in 2009 at a rate of cents.. Now it is almost more than 5500$ worth.. Its a future investment and leading crypto currency at the present ..

Stop telling people about bitcoin being an investment or a moneymaking scheme. Bitcoin is made as a global currency without borders. Bitcoin can definitely be a good investment, but it isn't made for that.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Velkro on October 28, 2017, 03:33:45 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.

True revolution that you won't understand because even most tech people dont understand, but put all ur money in, you will be millionaire.
Sadly this D:, because thats true, even tech people cant comprehend bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: namjey on October 28, 2017, 03:41:55 AM
I think it's really have to explain the entire bitcoin to newbie, but I had to i would just show the graph of the price change of bitcoin and the person would just learn abou the bitcoin on the internet :)


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: CryptoNubee88 on October 28, 2017, 06:25:31 AM
Bitcoin is a digital currency, just imagine it as money that comes from other country, it can be used as investment for future, that is how my friend explained it


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: scorpionso on October 28, 2017, 01:05:30 PM
imagene that there is no printed money and you carry your in your phone


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: laguseklik on October 28, 2017, 01:31:22 PM
when I got this kind of question, I'll ask them to check it out in google... There are so many info about bitcoin today, it will be dificult to explain it few years ago..  ;D  ;)


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Topkek on October 28, 2017, 01:37:26 PM
It's basically fake internet monopoly money ponzi scheme but with tulips


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: loremz on October 31, 2017, 01:35:33 AM
You jisy simplify your experience and share to your mate or friend about bitcoin how it works


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: ZFXToken on October 31, 2017, 02:47:46 AM
Simplest way?

A protocol that holds monetary value.



Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Ruffian14 on November 02, 2017, 05:24:04 AM
tell them that this is a digital currency that you can use in many ways like online banking.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: asy7 on November 02, 2017, 09:46:48 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I know definitely, that even explanation of BTC and blockchain in the easiest way won`t be understood by my granny)


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Kyrgyzguy on November 02, 2017, 01:36:36 PM
I think to explain about the bitcoin for a newbie, you need to think it through correctly so as not to confuse him


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Honglee on November 02, 2017, 03:24:56 PM
Is a Currency!! Is a Digital type Currency! Is money!!

What is Decentralize! How to do How to use!


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: annango on November 03, 2017, 07:14:56 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

First you should explain for them " What is bitcoin? " after you need to show how did bitcoin increase from 2014 - 2017


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: cryptokath19 on November 06, 2017, 09:50:27 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

For me i will explain Bitcoin in a simple explanation, That Bitcoin is a digital currency that can be used through online and has a different stored wallet that can be used Send and Receive Transaction. Bitcoin has a many ways to used like on buying thru online shop, can used on trading and last can sell on thru peer to peer to become a money


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Adil Amim on November 06, 2017, 06:59:21 PM
In simple, Bitcoin is a digital currency and the best part is no one controls it.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: robert.gn on November 07, 2017, 01:11:21 AM
I will explain,bitcoin is virtual money a lot of people use it to send or receive to another person,with wallet your created by yourself


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: KarenTalk on November 07, 2017, 03:12:42 PM
I will explain,bitcoin is virtual money a lot of people use it to send or receive to another person,with wallet your created by yourself

Bitcoin is a decentralized online payment system and digital cryptocurrency.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: bitgov on November 07, 2017, 04:23:03 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
Bitcoin is a virtual currency that has some value in dollars and still increase cause of popularization and getting more and more users everyday. It's suplies are something like 21 million.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: samyang2x on November 09, 2017, 11:04:35 AM
Also a newbie here.Still do not know what to do but I am asking some of my friends who introduced me to bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: winer432 on November 09, 2017, 11:17:31 AM
I explain that  bitcoin is an e-currency that you can buy anything same as paper money, and then I show them my bitcoin saving and treat them to the fast food using my money coming from my bitcoin savings.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Naing7 on November 09, 2017, 04:48:33 PM
Bitcoin is a digital crypto currency that is not controlled by any country's central bank or government. Bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.
Each user's Bitcoins are stored in a program called a digital wallet, which also holds each address the user sends and receives Bitcoins from.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Eleven86 on November 09, 2017, 06:49:03 PM
It is a digital currency that is not runned by any government and central bank.It is a peer to peer payment system.Transfer through internet anywhere in the world.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: jccrypto on November 09, 2017, 07:19:56 PM
Check out the easy-to-understand and concise guides here for beginners: https://www.commonlounge.com/community/fd3723ae8ca042538b52ca684cb1ba02!


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Extr22 on November 09, 2017, 07:31:20 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

Virtual money have value more than gold can send it globally without ID or exchange it . not need bank only wallet and bitcoins


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: baxxx on November 09, 2017, 11:54:00 PM
Its the future :)


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Decimation on November 10, 2017, 01:00:02 AM
Bitcoin in a nutshell

Pretend you are in math class, your teacher tells you to solve problems using equations, you and all your friends and classmates start doing different problems, if you successfully answer a math problem, you are given a cookie. Those cookies are Bitcoins and you are the teacher, and your classmates are the computer, you command your computer. You tell your computer to mine (solve problems), and in return you are given a small amount of Bitcoin (cookies).


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Fathurrahman27 on November 10, 2017, 02:28:54 AM
First, when we want to teach a newbie about bitcoin, we must have a very patient attitude and understand how bitcoin works to make everyone successful with the cryptocurencies. After that, teach them step by step about what is mining / faucet / trading or ect. and the last let them try to work alone.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: PepperaOnIt on November 10, 2017, 03:03:22 PM
i will explain this in the way i will convince them to join me in this bitcoin forum like, you can get a lots and thousand dollars in this bitcoin in easy way like you are doing in facebook. i can also say that if you invest in bitcoin, it is like having a gold that can make the price high every month.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: @chad on November 12, 2017, 10:24:19 AM
Bitcoin is a digital asset designed to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: syberwolfen on November 12, 2017, 02:31:14 PM
Bitcoin is a digital asset designed to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency.

In other words bitcoin is a digital currency where you can have control over your money and not the bankers and you can transfer it to any part of world within hours and it's the future of digital currency.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: maxamus on November 12, 2017, 03:44:47 PM
i will explain this in the way i will convince them to join me in this bitcoin forum like, you can get a lots and thousand dollars in this bitcoin in easy way like you are doing in facebook. i can also say that if you invest in bitcoin, it is like having a gold that can make the price high every month.

You started well the best way of explaining bitcoin to someone new to btc is making them use it and portraying the benefit of bitcoin which new user can understand only through this forum and only when he/she starts using it real time.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: thedarksun on November 12, 2017, 09:33:49 PM
Its the future :)
Haha the easiest one to understand, but just want to admire that it is possible that it will be normal currency for everyone.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: KatieLone on November 13, 2017, 12:25:00 AM
I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t

I think this says it in plain engish


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: jazmuzika217 on November 13, 2017, 01:10:55 AM
Thats a tough question. For me, explaining bitcoin to someone whos totally new to this is a very hard task. Especially older ones, we had to admit that young people are most technical than grandma and grandpa. But i really do believe that it just depends on the person explaining the BTC. I had read some comments/reply regarding to this and i found out that theres a lot of videos and articles that really explain well about BTC.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Hello_Bubble_World on November 13, 2017, 01:52:24 AM
How Would You Explain Bitcoin to a Newbie?
BTC has value because of limited supply and an increasing number of people who accept it as money. If they want to know more, mention the "crimes and scandals" are the fault of humans and also happen with paper money.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: febryza on November 13, 2017, 04:27:21 AM
just explain them that bitcoin is a virtual money, and it's become cryptocurrency in worldwide that should be connect to internet to use it.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: GijdRi on November 13, 2017, 08:18:17 AM
I would say it is controlled decentralized haos


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: quincyemerald on November 13, 2017, 08:41:41 AM
Please I need detailed explanation of what bitcoin is.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: sousou123 on November 13, 2017, 09:34:47 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
Bitcoin is a virtual currency,  it's very easy to use ,show him some youtube video


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: echeverialavi on November 13, 2017, 10:22:08 AM
I would show some movie and give some sourses to read.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: doreraj on November 13, 2017, 11:27:16 AM
it's pretty much depend what the person is what is his background...
for each human experience and type of understanding some new information in general the easies way will be different.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Hello_Bubble_World on November 14, 2017, 02:53:49 AM
Bitcoin in a nutshell

Pretend you are in math class, your teacher tells you to solve problems using equations, you and all your friends and classmates start doing different problems, if you successfully answer a math problem, you are given a cookie. Those cookies are Bitcoins and you are the teacher, and your classmates are the computer, you command your computer. You tell your computer to mine (solve problems), and in return you are given a small amount of Bitcoin (cookies).

Cookies?   :D
https://i.pinimg.com/736x/af/a5/76/afa576e570d3c48d5d18cc3afec6226e--triple-chocolate-chip-cookies-chocolate-chips.jpg

Your explanation is unique, good job.


Its the future :)

OP did ask for something simple, and you came through.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: CryptoAssasin on November 14, 2017, 04:32:37 AM
Bitcoin is an online money and can only be use through online transactions, online investments and money transfer internationally. It changes its price depending on the stocks and demand on the market.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Torbeks on November 15, 2017, 10:40:56 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
I will tell them that bitcoin is good to get some extra money and they can use it as a side line or a full time and they can trust bitcoin and they need to rank up first so they can join in every signature campaign they want.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: thinkpad99 on November 15, 2017, 05:58:02 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
I will tell them that bitcoin is good to get some extra money and they can use it as a side line or a full time and they can trust bitcoin and they need to rank up first so they can join in every signature campaign they want.

You can find many interesting information on Youtub. If you are struggling with some specific problem you can safely write here, there will definitely be someone who can help you.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: podopdof00 on November 17, 2017, 01:03:38 PM
bitcoin is the first crypto currency which started in 2009 at a rate of cents.. Now it is almost more than 5500$ worth.. Its a future investment and leading crypto currency at the present ..


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: henryjo on November 17, 2017, 03:48:27 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
For me i will explain that bitcoin is one of the currency cyber/online as like currency in the real world. Same as currency in the real world such as usd/aud or usd/gbp, bitcoin can be traded also. The different is bitcoin only exist to be currency in the cyberspace/online world.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: franpote on November 17, 2017, 04:26:05 PM
Bitcoin is a very cool thing, having bought it or started to mine at the beginning of its creation, people have become millionaires.

So do not be afraid of the new, you need to be able to take risks  :D


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: xanderlex on November 17, 2017, 04:33:36 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
Bitcoin is one of the digital currency that very promising to invest. Bitcoin launched at 2009 was priced only around $10 and now 2017 bitcoin almost touch $8000.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: viptr on November 18, 2017, 08:59:07 AM
Thanks for your post, I have a bit of understanding about bitcoin :D


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Plutonema on November 18, 2017, 12:14:48 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I think explanations will far not enough to make someone understand it. For me, I'll will just explain that it is a cryptocurrency based on blockchain technology which born to make financial field better because of its system like decentralized, timestamps and many more those pointing in transparent financial system, like there will no double transaction, manipulation and something like that.

Then it become famous because its price and inspire many other coins established. I just will explain like that and will refer he/she to googling it for more detail :D

Because I think explanation will not never enough to make someone really understand.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: EvaGC on November 18, 2017, 03:39:47 PM
I'm always having a hard time trying to explain my friends. Lately what I do is recommend a good documentary and then take it from there, so I can explain further when they have a good base


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Majesty0109 on November 18, 2017, 06:16:53 PM
First of all explain them the history of bitcoin , the meaning of bitcoin, who controls bitcoin and lastly on how to get started in bitcoin.

The best way to learn about Bitcoin is to get some and experiment.about how to set up your own Bitcoin wallet, how to acquire bitcoins, and how to use bitcoins to help you get going.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: chadzscript on November 19, 2017, 05:07:49 AM
I think if i am going to explain bitcoin to my friends i think it is good to show them your money because of bitcoin show them what you are doing to make your money grow because of bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Prinox2 on November 19, 2017, 01:28:31 PM
after briefly telling him that bitcoinBTC is a digital currency like other cryptos, and how important it is to invest in it, i'll quickly go more of practical in explaining bitcoinBTC to a newbie; that's by simply let him  compare the exchange rate between the present year and the last 3years.

the difference in the exchange rate will catch his interest to invest.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Leeke on November 19, 2017, 01:44:02 PM
Lol, well as a newb still - I tell anyone that asks that Bitcoin is the flagship of the crypto-currency world. And that crypto-currency is digital currency that is created from using dedicated computing power or bought and sold through exchanges just like stocks etc which can either be used for investing in like gold, or used like fiat currency for day to day transactions dependant on the crypto you have. I also tell them that all of this happens semi decentralized from governments and banks depending on your location in the world and that you can use it to move money around the world without traditional forex restrictions.

The responses I have to put up==> all I'm doing is giving my computing power to Russian hackers and that most likely I'm supported drug dealers and terrorists and mobsters and that all my computers are most likely just ovverrun with viruses and that I'll end up paying 10x in power what I can make on mining....

Verdict - don't explain crypto to a group of negative people. Just tell them its an digital asset and if they want in to go research it themselves.







Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: bad_taste on November 19, 2017, 01:55:15 PM
If my grandma ask me: What is the Bitcoin?, I'll tell her that this is a new kind of golden grandma,
For more information read Wikipedia ;D


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: aveon on November 19, 2017, 03:17:59 PM
If my grandma ask me: What is the Bitcoin?, I'll tell her that this is a new kind of golden grandma,
For more information read Wikipedia ;D
Sure, wiki is a great help here) Frankly, I would probably start from p2p system using torrent tracker file exchange.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: podopdof00 on November 20, 2017, 04:54:24 AM
I had a good time reading this thread thanks for all of the comment that written here ! a really big help for newbies like me! hope to work in near future here with you guys .


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: maianh09 on November 20, 2017, 05:27:35 AM
Encourage them by imparting them experience before you are also a newbie. You should teach them how to get free bitcoin normally newbies like them still prefer free


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: bright4mech on November 20, 2017, 05:02:55 PM
Bitcoin is a universal currency accept across the nation and served as cash, for buying and selling online.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: chviadu888 on November 21, 2017, 12:35:41 AM
You should provide the link to beginners & help section and have your buddy read the post in there. Explaining bitcoin will complicate things especially if someone was talking about bitcoin and have no idea about.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Flexusio on November 23, 2017, 01:53:46 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

LoL, I never thought before u asking like this. I also will freeze a while when someone ask about this and want to be explained.
I will just explain that bitcoin as part of a financial technology revolution. It is a desentralized cryptocurrency using blockchain-based system that. It can be mined and the value is hold on a basic economic principle, it's supply and demand. And I will ask him/ her to googling it to find out by his/her self.
I will very underlined explanation about how to get it in order to prevent him/her not to get unlucky with many scammers out there.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Perseusallen on November 23, 2017, 02:07:22 PM
Most of the time I always explaining how bitcoin works and what it is. So first I will discuss bitcoin like its not a cryptocurrency. I will say bitcoin is just like a dollar. But they can't touch it. No government hold bitcoin so people will freely mine it. Then they will ask you why bitcoin value has very large. Then I would answer them like this. Bitcoin price is very large because bitcoin has a limited stocks. Bitcoin are limited becase 21,000,000 bitcoin only had made. So time by time bitcoin will grow up his value.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Sanu Simon on November 23, 2017, 02:52:10 PM
Being a newbie to the bitcoin needs more learning. The same is possible with our forum and for reference can go through Google and other sources. This is how I've been insisted to follow to make myself strong in using of bitcoin and to gain good knowledge about it.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Bryan13 on November 23, 2017, 03:20:32 PM
I will tell him/her to watch something video tutorial about bitcoin, or tell him/her to read forums or something they need to know on internet about bitcoin. And i will tell, just have much patience here, so in the future i know all of your that invest here will have a nice result 😊


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Crypto Nerd on November 23, 2017, 03:56:05 PM
Just another sorcery and demagogy runs by reptilians...


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: vivilast on November 25, 2017, 06:49:15 AM
maybe i will need a website or blog that know and interpret about bitcoin


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: BlackRock on November 26, 2017, 02:25:27 AM
I think I should introduce them to this forum, maybe they will learn a lot about Bitcoin. In addition, they will change their outlook on virtual currencies. In addition, you can explain them by giving them the definition, development and value of Bitcoin at the present time.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: david_019 on November 26, 2017, 04:00:11 AM
I think the easiest way to explain and very effective way about Bitcoin
to newbie is lead him here in this forum with you. Instruction alone
without your presence sometimes newbie still confuse.



Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: vhiancs on November 26, 2017, 06:10:09 AM
for me  we don't have the responsibility to explain everything about bitcoin currency to newbie like me, they should read the articles first and all information before we enter in this forum and become bitcoiner, because of that we will be more successful because we are hardworking, I did not say that we can not ask for help to others, we might ask for a suggestion of higher ranks. where do we start.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Lecam on November 26, 2017, 11:24:31 AM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I would tell him or her the opportunities that we can do to earn using bitcoin. I'll start with a simple investment where one can earn without practically doing anything, but just buying because bitcoin's value increases. I will also tell him or her about trading where we trade to earn more bitcoin. I'll encourage that person to join in campaigns as well to earn bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: yeezycheezy on November 26, 2017, 06:06:51 PM
bitcoin is a big money that cant help us and earn just log in to bitcointalk and i will help you for your inquiries that improve your staying in the websites . bitcoin can help you financially if you really want . but must need to learn


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: jmiro1 on November 26, 2017, 06:28:20 PM
If you want to give the person a brief idea about bitcoin, then you can just say that It's a decentralized money and let him/her a some videos like this
https://www.youtube.com/watch?v=yTxmR0n6sCc
https://www.youtube.com/watch?v=VrRBq3niQM0

If you want to give a better image then look for a longer video  ;D :D


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: yeezycheezy on November 27, 2017, 11:41:10 AM
i will tell him that we can earn bitcoin ! without investing . we just need to explore and ill show my money to them and i tell them this is my my money that i earn in bitcoin .


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Getcoinsite on November 27, 2017, 03:11:20 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
bitcoin and the whole crypto CAN MAKE YOU RICH thats the simplest way to explain bitcoin to the newbies,from that point they will be willing to learn more about crypto and they will research it by them selves.

And understanding bitcoin needs focus and dedication to formally learn what this all about and what can give you for future


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: godfredmanu on November 27, 2017, 03:26:07 PM
Bitcoins is online currency for internet users to make transactions. It is mined like gold and diamond in a technology called blockchain.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: NERDNERDNERD on November 27, 2017, 04:21:34 PM

I want to learn more about crypto and from my experience, I feel that conferences could be a good way to learn... I found this one https://blockshowasia.com/ and I'm thinking to go


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: tumar on November 27, 2017, 06:27:02 PM
I will explain,bitcoin is virtual money a lot of people use it to send or receive to another person,with wallet your created by yourself


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: MuffinMaster on November 27, 2017, 06:58:55 PM
maybe i will need a website or blog that know and interpret about bitcoin
Or just let him read on his own cause making knowledge from others is next step, after making some thoughts and getting information by hisself (in my opinion).


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: thinkpad99 on November 29, 2017, 10:34:46 PM
Being a newbie to the bitcoin needs more learning. The same is possible with our forum and for reference can go through Google and other sources. This is how I've been insisted to follow to make myself strong in using of bitcoin and to gain good knowledge about it.

At the beginner's place, first of all I would take care of the good security of my coins, good protection is the basis. At the beginning I would not invest huge sums because it is easy to lose by excessive risk. All you have to do is be patient and step by step you will reach the goal.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Chhor on November 29, 2017, 11:02:56 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?
I'm totally new and very interested in using Bitcoin to payoff my loans and hopefully my house.
Is it advisable to borrow more to hopefully make this happen.
As I'm paying interest and looking for Bitcoin to be my saviour.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: storm28021990 on December 02, 2017, 09:40:52 PM
I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t
thank for share. but I don't know how to get free btc, can u help me


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Futureblnr on December 04, 2017, 11:44:01 AM
I'm totally new and very interested in using Bitcoin to payoff my loans and hopefully my house.By the way, have anyone heard about my time coin project? Its kind of encouraging you spending time in the internet by tokens. Its not new idea but its interesting how tokes could be available for everyone.




Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Rhencylopez2315 on December 04, 2017, 12:24:51 PM
Read! Read! Read and understand every posts and comments of others so that you can learn 😊


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: cryptogear90 on December 04, 2017, 01:18:12 PM
Hello everyone!

Just started my youtube channel! Please check out my videos here for some tutorials!

How to mine bitcoin on laptop: https://www.youtube.com/watch?v=CKhIjfROjZo&t=4s

how to use whattomine.com: https://www.youtube.com/watch?v=urWEuzQjLKE&t=1s

Remember to like, comment and subscribe!

Cryptogear


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Makar88 on December 05, 2017, 09:28:45 AM

What is Bitcoin (bitcoin, btc, Btk, bitcoin) in simple words? This is a new generation of decentralized digital currency, created and operating only on the Internet. No one controls it, currency issuance occurs through the work of millions of computers around the world, using a program to calculate mathematical algorithms. This is the essence of bitcoin.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Cryptoryx on December 05, 2017, 09:48:59 AM
In my opinion, one of the best ways to actually understand a new topic would be "Explain like Im five" kind of articles / videos.
When you understand the core and the basics of anything, it becomes simpler to move forward with it.
I like this video - https://www.cryptoryx.com/what-is-bitcoin/

Goes through the general idea of what is Bitcoin in less than 2 minutes.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Micerker J. Meyer on December 05, 2017, 10:14:16 AM
It's a cryptocurrency


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: MegaTurtle on December 05, 2017, 03:15:56 PM
Bitcoin is a very promising project and Bitcoin payments are available all over the world in the near future, all you need is to buy bitcoin right now.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: thinkpad99 on December 05, 2017, 03:29:22 PM
Bitcoin is a very promising project and Bitcoin payments are available all over the world in the near future, all you need is to buy bitcoin right now.

It's quite a difficult task, so I do not do it. My friend told me about Bitcoin a few years ago and I did not believe it myself, which is why I know that others will also understand what a virtual coin is.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: bribed on December 05, 2017, 04:01:30 PM
I always explain Bitcoin or cryptocurrencies by explaining what the blockchain is. In general I do that with the example of a phone book. A distributed ledger, as the blockchain is, is like a public phonebook (register) where everyone has the same copy of, if anyone makes a change in it, everybody has to verify the change. Its hard to explain this in english to me. In my language I can explain it pretty good I think, and most of the time people understand it after I explained it to them.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: imsotiredofmoviereboots on December 06, 2017, 12:20:30 AM
It is the new money but in digital form. As simple as that.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: Kiki Rusma on December 06, 2017, 01:30:40 AM
I first listen to bitcoin from friends is quite interesting with the benefits he received, then I search for more information on google, there I learn one by one to get to the trading, so tell me what your experience of the benefits and risks that may happen.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: chathura on December 06, 2017, 01:43:14 AM
If you want to know what is Bitcoin, how you can get it and how it can help you, without floundering into technical details, this guide is for you. It will explain how the system works, how you can use it for your profit, which scams to avoid. It will also direct you to resources that will help you store and use your first pieces of digital currency.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: BLAST2MARS on December 07, 2017, 08:56:07 AM
Bitcoin is going to replace the old dirty cash that is controlling us in many, many years and it freed us from the corruption and high-inflations.


Title: Re: How Would You Explain Bitcoin to a Newbie?
Post by: @ment.ion on December 13, 2017, 02:51:50 PM
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

As newbie, I prefer not to get explanation from other people before I get knowledge from my own research.
Then when someone explain to me, I'm not blind at all. And it's become something like enrichment.
That's my preferences as a newbie, and I'll do the same when I have to explain to newbies.
I'll let them get their own references first, and I will explain and complete information he/she didn't get.