What Is Bitcoin?

[Ruri Kurosaki]

Bitcoin is a virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. This currency is like Rupiah or Dollar, but it is only available in the digital world. The concept may sound like eGold, although it is actually much different.

[JohnBitCo]

Bitcoin is a digital currency. It is also know as cryptocurrency.it is internet money.this is easy and fast way of saving money with the help of Internet.

As far as i know its a currency and it have no fixed price .Mostly people buy it and hold them until the price rise. There's a lot of way to gain bitcoin like Signature campaigns, Trading, Mining or even gambling etc .Its a digital currency and mother of all digital currency. After Bitcoins people develop a lot of altcoins but none of them matches the bitcoin.

[assyla]

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is an Internet money or a virtual money which means it is not tangible. It can be mined in computer with the use of Internet. It has no fixed value so it is always changing.

[ranz_18]

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator.

[khan149]

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is a number one digital currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name.A very safe currency

[8Habits]

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is a number one digital currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name.A very safe currency

There is a transaction fees in every bitcoin transactions you make like sending bitcoin to other bitcoin wallet address and depositing it to trading platforms or online casino sites where you want to play or gamble. However, overall bitcoin is just awesome.

[carlos01]

is a digital currency created in 2009 and its creation schedule is c ++ the creator is unknown and the good thing about this is decentralized and open source

[bulacarango]

Bitcoin is an unidentified currency but has a face value in the market
It is created by the belief of man

[TiffanyLien23]

Bitcoin is the King of all the cryptocurrency.

[RAmondragon]

Bitcoin is gold internet money (cryptocurrency) run under the unique and strong block chain. This is considered as payment transaction on other countries.

[Bitcoinislifer09]

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is a cryptocurrency the first decentralized digital currency or it is like a job in many people.These transactions are verified by network nodes and recorded in a public called a blockchain.It is used also in the online transcations like paying bills and etc.It is invented by people that is unknown.Bitcoin can also be held as an investment.

[mintomia199]

bitcoin is digital currency of the today's world.it is more popular than any other currency.it has a plenty of use in online games,trading and other services.it is also a peer to peer network which makes it more famous.

[montefalco09]

Bitcoin is an innovative payment network and a new kind of money.

[DoublerHunter]

I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.

For example, I will start with the obvious: Bitcoin is internet money

Is this a perfect explanation? Of course not. This is where you come in.

Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.

The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.

Make sense?

So I will repeat the starting point: Bitcoin is internet money

Bitcoin is a cryptocurrency the first decentralized digital currency or it is like a job in many people.These transactions are verified by network nodes and recorded in a public called a blockchain.It is used also in the online transcations like paying bills and etc.It is invented by people that is unknown.Bitcoin can also be held as an investment.

I agree with you that bitcoin is a job for many people because this is the way for them to make more money because of the different opportunities to have a job and source of income in bitcoin. Bitcoin is a really great opportunity for almost all things from being secured currency to great investment and also for becoming a very high income kind of work because you can earn up to x5 of your average income in the real world.

[hype]

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator.

full source here.
https://en.m.wikipedia.org/wiki/Bitcoin

[Tatalk]

SATOSHI  NAKAMOTO, the god father of bitcoin, is the founder of bitcoin and became the 247th richest person in the world because of his invention. Bitcoin is a virtual currency and most famous among all cryptocurrency. Though not under governmental panel, this bitcoin has gain the valuation of more than $9k. Bitcoin being the online mode of investment, provides employment to millions of people. Bitcoin is simply a internet money where one could buy and sell their bitcoin according to their profit.
Overall, bitcoin is a boon for the planet.

[handsomes]

bitcoin is a internet currency used by many things and can be used in good and bad its a money based coin where you can trade it for money and earn with other bitcoin productions like (mining,investing,trading etc.)

[patchot]

Bitcoin is a cryptocurrency and worldwide payment system.
It is the first decentralized digital currency – the system works without a central repository or single administrator.The network is peer-to-peer and transactions take place between users directly through the use of cryptography, without an intermediary.These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

[rgcoin]

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.

[Vadimvasily]

Bitcoin is a virtual currency not unlike any other coin you might have come across while playing online games, except the technology is much stronger.