What Is Bitcoin?

[Shiversnow]

bitcoin is crypto curency,
crypto curency this mean digital curency, digital money and can convert fiat money , real money

Bitcoin for me is saviour, it is the first digital currency that very popular in the whole world. It give high profit  in our investment. A digital money that can be convert into cash  in easy transaction.

[suzane18]

Bitcoin is a digital currency and it has got very popular these days. When you name cryptocurrency the first thing that comes into mind is Bitcoin. There can be lot of things bought online using Bitcoin

[hunter50]

Bitcoin is the digital currency with block chain technology but it has an improvements and bitcoins is the job of others because using bitcoin you can earn money .it the first example of cryptocurrency .it is decentralized many people can extra income from it.

[lantan81383628]

Bitcoin is a digital currency with a constant volume of 21 million. It has the characteristics of decentralization, globalization and anonymity as the Internet.

Transferring bitcoin to the other side of the earth is as simple as sending an E-mail, with low costs and no restrictions.

Bitcoin has thus been used in cross-border trade, payments and remittances.

[shibisu]

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 something that is simple to understand.
If asked what is bitcoin (abbreviated BTC), then the simplest explanation is:

Bitcoin is a decentralized global transaction cash system. (Reported in Bitcoin.org), actually Bitcoin is:

a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution .

[michellee]

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 something that is simple to understand.
If asked what is bitcoin (abbreviated BTC), then the simplest explanation is:

Bitcoin is a decentralized global transaction cash system. (Reported in Bitcoin.org), actually Bitcoin is:

a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution .

it is better if he can take a visit at bitcoin.org and he can read by his self about bitcoin and he can try to learn about what is bitcoin. I think he can find much of information on that site especially the details about how to get the wallet for bitcoin because this is the main of bitcoin and we need a wallet to save our bitcoin.

[Aguilarwj]

Bitcoin is a website that you can earn money by using post there is so many ways to make an account for this.

[panganib999]

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 digital currency, done almost entirely in the net, it can be use like the normal fiat but not tangible in nature. Bitcoin is developed to simplify money transactions. The technology that is responsible for bitcoin's existence is called blockchain, which makes it decentralized in nature. It gave the consuming public a choice in where to put their wealth, since it is a good subject for exchange of value and services.

[Semar Mesem]

for me bitcoin is money that can be used to make payment of a transaction to make it very quickly, safe, easy, and practical. bitcoin is also an investment asset that is quite profitable for me

Everyone will say bitcoin is money or investment, this is because with bitcoin we can have both money and investment, with bitcoin then we can buy anything and we say investment because bitcoin value continues to grow so it becomes profitable.

[Old Bindu]

Bitcoin is, first of all, a unique technology. Blockchain is what makes bitcoin so unique. This is a new form of money. Money for the future.

[tushin4]

Bitcoin is an online based Investment. it's all processings perform through internet.nothing can be performed of Bitcoin without internet .that's why we can say that if there is no internet connection Bitcoin will become lame and there will be no value of Bitcoin.

[sophiastacruz]

Simply, bitcoin is a virtual/digital currency you can use to buy just like cash. Although the more people that would support it the higher thr value it would become.

[enwi]

which I know about bitcoin, I think bitcoin is a digital currency that has a fluctuating price and keeps increasing every year so investing in bitcoin will be very profitable

[sashulya7979]

Bitcoin is our salvation. With him we can safely not think about the fact that we need money to survive. He saves.

[Lutfor db]

Bitcoin is a type of coin. Bitcoin is the online currency. Bitcoin can not be sprayed. Bitcoin can not be sprayed. Bitcoin can be used to earn money. Bitcoin can be compared to gold. It can be rich in a short time using bitcoin.

[markusinvest]

btc is revolution in crypto and huge hype 

[soenaderecho10]

btc is revolution in crypto and huge hype 

For me bitcoin  is a kind of currency that you can invest in a longtermway and shorter way and many investors like a bitcoin to invest because of good pricing and you have a chance to buy a bitcoin in a low price.bitcoin is a virtual currency that you can see in cellphone or computer and you canot hold it because of digital mode.

[khanhtr]

Bitcoin is a very valuable electronic currency. The new $ 0.01 present value was just over $ 10k worth. Can be used to make transactions very fast and convenient for those who do not like to keep cash.

[Lorna111]

BITCOIN is cryptocurrency, digital money, no single institution controls the bitcoin network.
Now the leading cryptocurrency on the global market.

[heveantw]

Does internet is a new kind of country? in the new country , no laws no goverment, all thing is new, everyone can join it and bitcoin is the currency.