Wendigo
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July 24, 2016, 02:44:03 PM |
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Well my 3 Bitcoin highlights would be these:
1. Your Bitcoin funds online will be absolutely private as long as you keep them there and don't cash out so the government will have no idea what you have been doing.
2. Bitcoin transactions are irreversible so this could be an advantage or disadvantage depending on the situation.
3. The Bitcoin market is highly volatile and resembles a stock market so Bitcoin in its current state doesn't act as a digital currency and more like an asset.
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yenxz
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July 24, 2016, 02:53:32 PM |
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Bitcoin same as other currencies . for now you can do many things with bitcoin . regardless of time and place . you can spend or invest your bitcoin . and I suppose it depends on your plans and desires in bitcoin . many people are already using bitcoin one of them by sending money to overseas seseorand without great expense. ( Keep in mind ) that is the new currency bitcoin , and bitcoin is making good progress in the past . still not too late for you to buy bitcoin as a long-term investment .
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PokerFace3
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July 24, 2016, 03:47:45 PM |
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Bitcoin same as other currencies . for now you can do many things with bitcoin . regardless of time and place . you can spend or invest your bitcoin . and I suppose it depends on your plans and desires in bitcoin . many people are already using bitcoin one of them by sending money to overseas seseorand without great expense. ( Keep in mind ) that is the new currency bitcoin , and bitcoin is making good progress in the past . still not too late for you to buy bitcoin as a long-term investment . Simple Bitcoins are digital currency set to change our monetary system in the near future. It is a currency that makes our transactions fast, easy and private. Currently bitcoins are more of a investment than currency due to it's high value !!!
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Nahl
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July 24, 2016, 03:53:34 PM |
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Some dude at the bus station wants to know what bitcoin is. you don't have much time and he won't be able to take in to much information. a simple look it up online won't do, because that's not interesting enough to read a lot of boring stuff online.
What are 2-3 short(!) key features of bitcoin, which i could tell him, so that he has a basic understanding what it is? And of course so he will be interested to learn more about it.
first of all does he understand what is digital currency because this is basic knowledge of bitcoin and if he understand i think with short words he will be understand about bitcoin because if he does not know anything about digital currency i think there will be difficult explain to him what is bitcoin only in short sentence also i considers bitcoin could not explain with only short explanation and if any person asking what is bitcoin in 2 or 3 words i guess this person basically not interested to bitcoin
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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July 24, 2016, 03:59:49 PM |
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There already was talk about this (there even was a contest for in-short version of what bitcoin is). Anyways i would say something like that bitcoin is a decentralized ledger where unit of payment is bitcoin, and sole owner of your coin is you. New coins are generated on average every 10 minutes, and are rewarded to people that process transactions, but are halved on average every 4 years, making bitcoin not only a secure and safe method of payment, but also a great investment or store of value asset.
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serjent05
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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July 24, 2016, 04:01:19 PM |
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Some dude at the bus station wants to know what bitcoin is. you don't have much time and he won't be able to take in to much information. a simple look it up online won't do, because that's not interesting enough to read a lot of boring stuff online.
What are 2-3 short(!) key features of bitcoin, which i could tell him, so that he has a basic understanding what it is? And of course so he will be interested to learn more about it.
I think the three function I can tell him re these. Bitcoin is fast and handy. He can easily transact with it with little to no time transaction. He can bring bitcoin with him anywhere and can use his smartphone as a wallet. It is safe and secure. It has a high level of security that is hard to crack, and it is up to him on how to set up private key or seed key. It can give him profit. It is a currency and at the same time an investment because off its volatility.
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JeffBrad12
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July 24, 2016, 04:07:26 PM |
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Some dude at the bus station wants to know what bitcoin is. you don't have much time and he won't be able to take in to much information. a simple look it up online won't do, because that's not interesting enough to read a lot of boring stuff online.
What are 2-3 short(!) key features of bitcoin, which i could tell him, so that he has a basic understanding what it is? And of course so he will be interested to learn more about it.
Just short answer the key features of bitcoin, you can manage your money without another parties intervention in it, try that and you will get another bonus features for this. We don't making a long explanation for them just telling about simple word can make them suspicious about it.
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Snorek
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July 24, 2016, 04:18:49 PM |
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Interesting question, I would pick these 3 key facts:
1. Bitcoin is fast, decentralized internet based currency which means it can't be controlled or banned by government. 2. Transactions are very cheap, in most cases you will pay less than 1 cent for sensing BTC to any place in the world. 3. Bitcoin is great speculative tool, if you buy 1 bitcoin now it could be worth 50% more in a 2-6 months.
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~Bitcoin~
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July 24, 2016, 04:24:48 PM |
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Ask him to search not what is bitcoin, but search how bitcoin works. Some of the key features; 1. there will be no midman when you send money from your wallet to another. 2. You are the only one person who have access to your bitcoin and no any bank/government can touch your bitcoin/money. 3. Nobody can track you with only knowing your bitcoin address (complete anonymity).
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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July 24, 2016, 04:25:29 PM |
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Interesting question, I would pick these 3 key facts:
1. Bitcoin is fast, decentralized internet based currency which means it can't be controlled or banned by government. 2. Transactions are very cheap, in most cases you will pay less than 1 cent for sensing BTC to any place in the world. 3. Bitcoin is great speculative tool, if you buy 1 bitcoin now it could be worth 50% more in a 2-6 months.
Don't want to rain on your parade but 1 bitcoin isn't really that "fast" compared to other ways of internet payments (PP.skrill,AP..just to name a few), even tho it has great advantage over them as well 2 transactions are much more expensive then what they used to be, just try making a 0 fee transaction these days.. it used to work.. 3 great thing to speculate on - definitely , but it could just as easy go down 50% in same time range.
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7788bitcoin
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Activity: 2282
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July 24, 2016, 05:45:42 PM |
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Some dude at the bus station wants to know what bitcoin is. you don't have much time and he won't be able to take in to much information. a simple look it up online won't do, because that's not interesting enough to read a lot of boring stuff online.
What are 2-3 short(!) key features of bitcoin, which i could tell him, so that he has a basic understanding what it is? And of course so he will be interested to learn more about it.
I think you just need to prepare a "name card" for promoting bitcoin- which includes the features of bitcoin and the person can read over again. Include some small amount like 1mBTC and tell the person that it worth $0.50! You might want to check the address again in future to see how long it takes for the 1mBTC to be claimed.
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CroSany
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July 24, 2016, 05:50:59 PM |
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I would be very happy if somebody ask me about bitcoin because then more refferal commission will come for me and nore rich pupils in my country better for country but is it poor that only 1% online payments in my country are with bitcoin ,too small % pff.
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CoinBreader
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July 24, 2016, 07:18:46 PM |
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i will say him 4 points of bitcoin 1)explain the digital money & how to convert from btc to fiat or likewise 2)trade swings 24/7 3)what was the price last year and where it is now , so buy some bitcoin and forget about them for X years, 4)watch Bitcoin the movie!
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angaper
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July 24, 2016, 08:07:25 PM |
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If you are really interested in teach others about bitcoin, perhaps you should be more committed to learn firstly about this ecosystem with seriousness, and fortunately there are lots and lots of available information on the Internet. This personal research could be also useful for you to increase the quality of your posts here because you can't depend all the time on the support of others to understand this altcoin ecosystem.
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Raja_MBZ
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July 24, 2016, 08:51:03 PM |
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1. An asset of earth like Gold. 2. Digital currency that has made the banks and money transfer systems (such as WU/Moneygram) afraid. 3. Search bitcoin on Google.
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KonceptCars
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July 25, 2016, 02:21:41 AM |
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You should have opened with, "How would you like to be your own bank?"
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Strongkored
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Fully Regulated Crypto Casino
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July 25, 2016, 02:28:43 AM |
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You should have opened with, "How would you like to be your own bank?" I think if we use bitcoin, we did not become a bank because bitcoin just like other currencies. Better read this article. Bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services, such as wealth management, currency exchange and safe deposit boxes. There are two types of banks: commercial/retail banks and investment banks. In most countries, banks are regulated by the national government or central bank. http://www.investopedia.com/terms/b/bank.asp
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Kotone
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July 25, 2016, 02:30:48 AM |
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Some dude at the bus station wants to know what bitcoin is. you don't have much time and he won't be able to take in to much information. a simple look it up online won't do, because that's not interesting enough to read a lot of boring stuff online.
What are 2-3 short(!) key features of bitcoin, which i could tell him, so that he has a basic understanding what it is? And of course so he will be interested to learn more about it.
*Bitcoin is Anonymous, meaning you didn't know whos sending/accepting bitcoin, you didn't know his/her address. *Bitcoin is a Lightweight, you can withdraw at any time, you can also send anytime. *Bitcoin is Growing, people are now accepting Bitcoin in their lives as well as their businesses. *Bitcoin is intangible, you can't be robbed at certain places and also you don't need some cards to withdraw. Just your own account.
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qiwoman2
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Oikos.cash | Decentralized Finance on Tron
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July 25, 2016, 06:42:11 AM |
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I would say the following: Bitcoin is very cheap to send form person to person, otherwise known as low transaction fees. Bitcoin can be a store of wealth a bit like gold and silver but easier to carry around. Bitcoin is not created by some government or printing press and it has a limited supply. I think for now that might peak their interest.
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