What Is Bitcoin?

[Lovemae]

Bitcoin is the first cryptocurrency. This is made by the technology that can convert thru real money..

[changcloy]

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 and the first currency, it was invented under the name of Mr. Satoshi Nakamoto and created in 2009. Bitcoin can be transact all over the world with out knowing the identity of individual also.It has the most highest value and the top 1 of the list in the coinmarketcap.

[RioAnjay]

Bitcoin is a currency in digital form that can be converted into local currency in general, can be used as a means of buying and selling transactions.

[Darkstare]

what bitcoin is for me to say that I'm just a bit new here bitcoin is important and it's great to help me and you let us take care of bitcoin because it's great for net profit bitcoin.

[colmenajose]

Bitcoin is the more popular cryptocurrency, with blockchain technology, of a decentralized nature.

[Amelial]

Bitcoin is a good business, we just invest a small money and can earn a big money. With bitcoin we can change our financial and life way.

[anklas]

As general Bitcoin is a digital / virtual currency that circulate around the internet. It can be stored in digital wallet that is secured by our private keys and other secured passwords to be able to secure it from hackers. It can be use as payment in different transactions as well it can be an investment. It is a very good investment because of the higher income possibility. Thats why i keep on investing specifically for long term to be able to generate good profit for my future and for my family.

[michellee]

as I know, bitcoin is digital currency which available on the internet and many people right now use bitcoin as their new investment. bitcoin itself could be a new source to make money for many people and now they open their eyes just to see that bitcoin exists among them without any difficult to buy. we can buy bitcoin at many places especially in localbitcoin and we can directly buy with the existing seller in that site and they can send the bitcoin to our wallet.

[Prettyme]

Decentralized truth ledger.

for me in my own opinion bitcoin is a a virtue that can change your life it is one of business that you can give your trust and also a business that you can invest your money and your money that sure it will grow thats how bitcoin really can change my life ,

[Df9898]

BTC like money can use for transaction and BTC have high value and can use for business and much more and BTC popular and world know about BTC

[ghost07]

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

for me bitcoin is our future currency because it is decentralized.  in the future bitcoin will be used as a payment global because it is already legal to all country.

[AlexAtom]

bitcoin is a digital currency, digital asset, that you can use for payment, investing, and trading.
You can read many information on this forum about it.

[sdas90]

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

Now a days, bitcoin is most important decentralized digital currency and secure payment system and bitcoin is the first online currency all over the world. bitcoin use blockchain technology i think it will be future money.

[andilau]

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized[a] digital currency. Its conception is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography 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

[websoftwareengineer]

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 and we can use it to buy products online just like credit cards. Bitcoin is also good for long term investment since the value is increasing as the time goes by depending on the markets flow, there is no doubt that bitcoins is an asset but still we can call it as a currency.

[favor222]

I think bitcoin is a place where you can invest a little money and get huge payout.

[jasonmattson]

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency. Its conception is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

[wave1002012]

We all know that bitcoin is a digital currency this means that bitcoin is design
only for people who adapt digital technology.

[Moons Trader]

BitCoin was first, and thats what give it a power to grow. There are many new cryptocurrency projects like Nebula Network which are much innovative, faster, with solid backing etc., but the market is young and most of people know only btc

[Hernandez44]

Bitcoin is a cryptocurrency and worldwide payment system.It is the first decentralized digital currency .