Bitcoin Forum
May 10, 2024, 09:35:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: For beginners just a defination of what is bitcoin.  (Read 842 times)
ad2041 (OP)
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
November 21, 2015, 02:04:59 PM
 #1

BitCoin used in the online world is a new Exchange type Casino chips. BitCoin who spent money in real life, advantages or could be exchanged. BitCoin as a currency using the Internet to purchase goods and services. BitCoin system with very high security. This is a financial transaction creates confidence in the lane – We change a BitCoin or real money through BitCoin dealer, and many other MtGox exchanging real money for. No organization of any monetary value of BitCoin 1 BTC statistics maximum and less than us $ 1 to us $ 30. The total value of BitCoin just 21 million remain confined to BTC.
1715333748
Hero Member
*
Offline Offline

Posts: 1715333748

View Profile Personal Message (Offline)

Ignore
1715333748
Reply with quote  #2

1715333748
Report to moderator
1715333748
Hero Member
*
Offline Offline

Posts: 1715333748

View Profile Personal Message (Offline)

Ignore
1715333748
Reply with quote  #2

1715333748
Report to moderator
1715333748
Hero Member
*
Offline Offline

Posts: 1715333748

View Profile Personal Message (Offline)

Ignore
1715333748
Reply with quote  #2

1715333748
Report to moderator
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715333748
Hero Member
*
Offline Offline

Posts: 1715333748

View Profile Personal Message (Offline)

Ignore
1715333748
Reply with quote  #2

1715333748
Report to moderator
1715333748
Hero Member
*
Offline Offline

Posts: 1715333748

View Profile Personal Message (Offline)

Ignore
1715333748
Reply with quote  #2

1715333748
Report to moderator
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
November 21, 2015, 02:16:28 PM
 #2

Are these your explanations for beginners? If so, then they aren't that good. Bitcoin is definitely not a "new exchange type casino chips". Bitcoin is so much that it is quite hard to correctly describe it in a few words. There are a lot of great videos on youtube for newbies that are both short and non technical.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
RustyNomad
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250



View Profile WWW
November 21, 2015, 02:23:37 PM
 #3

Good effort but a bit way off the mark.

Have to agree with Lauda, if you are not that familiar with bitcoin then rather find a couple of good youtube videos and post a short summary and link for each.
foxkyu
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000


View Profile
November 21, 2015, 05:03:27 PM
 #4

BitCoin used in the online world is a new Exchange type Casino chips. BitCoin who spent money in real life, advantages or could be exchanged. BitCoin as a currency using the Internet to purchase goods and services. BitCoin system with very high security. This is a financial transaction creates confidence in the lane – We change a BitCoin or real money through BitCoin dealer, and many other MtGox exchanging real money for. No organization of any monetary value of BitCoin 1 BTC statistics maximum and less than us $ 1 to us $ 30. The total value of BitCoin just 21 million remain confined to BTC.
To explain bitcoin for beginner with 'casino chips' scenario it's become harder to understand. Even for me.

I think the easiest way is to give some bitcoin to other, and then they can feel the benefit of using bitcoin rather than fiat.
zeaderza
Hero Member
*****
Offline Offline

Activity: 896
Merit: 502



View Profile
November 21, 2015, 05:15:54 PM
 #5

Bitcoin is a digital currency.
I like Bitcoin because is decentralized,anonymous and free.
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
November 22, 2015, 09:34:17 AM
Last edit: November 23, 2015, 07:59:29 PM by Amph
 #6

bitcoin is simply a decentralized money, no authority behind it that control it, this is everything you need to know
Mickeyb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

Move On !!!!!!


View Profile
November 22, 2015, 10:02:21 AM
 #7

Bitcoin is a digital currency.
I like Bitcoin because is decentralized,anonymous and free.

It is decentralized. It is not completely anonymous, but more semi anonymous! It's more anonymous than bank account but definitely less anonymous than cash.

It is also not free. It cost money to hold the whole Bitcoin network operational and secure! It also cost money to send transactions, not too much granted but it still does cost something!
sartorpc
Sr. Member
****
Offline Offline

Activity: 300
Merit: 250


View Profile
November 22, 2015, 06:13:02 PM
 #8

Bitcoin is an electronic coin used as currency for adquiring many goods
Laosai
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
November 22, 2015, 06:45:31 PM
 #9

I don't think that definition will help beginners. IMO that will just confuse them, you should make it more simple. Personally when I introduce bitcoin to someone, I always say first that it is a computer money Grin That's the simplest way I can tell to a beginner Cheesy

Possum577
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250

Loose lips sink sigs!


View Profile WWW
November 23, 2015, 05:34:36 AM
 #10

BitCoin used in the online world is a new Exchange type Casino chips.

Yeah, because we want people new to bitcoin to think that these are "casino chips"...

What a really, really bad explanation of bitcoin, let alone very awkwardly written. By the way, it's spelled "definition", not "defination".

lihuajkl
Legendary
*
Offline Offline

Activity: 1596
Merit: 1000


View Profile
November 23, 2015, 05:46:29 AM
 #11

just google what is bitcoin! You could find many materials or video to read or watch for you to easily understand it.
I got one for you http://coinour.com/index.php/2015/10/26/what-is-bitcoin/ 
Snorek
Legendary
*
Offline Offline

Activity: 1400
Merit: 1001



View Profile
November 23, 2015, 02:05:31 PM
 #12

Mentioning MtGox in any bitcoin related topic is not really good idea when you are explaining bitcoin idea to a newbie. Definition of bitcoin may vary and it can be described as:
internet of money, cryptocurrency, digital commodity, payment method and more. For easy access to good tutorials and info I recommend www.bitcoin.org
jonnybravo0311
Legendary
*
Offline Offline

Activity: 1344
Merit: 1023


Mine at Jonny's Pool


View Profile WWW
November 23, 2015, 10:12:01 PM
 #13

I've got a better definition for you:

Bitcoin is magic internet money!

OK, all joking aside... OP, you might want to actually learn about Bitcoin before trying to define it for others.  That mishmash of words thrown together in your post... yikes.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!