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tabas
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October 02, 2017, 10:51:23 PM |
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Just simply tell them that bitcoin is virtual currency that isn't backed up by the government. And it's not only a virtual currency but it's more of an investment and asset nowadays. Give them an example on how it's so called an investment and how you are profiting with it. But if you want a twitter type answer, you can do this, #digitalmoney #investment #real #virtualcoin #future.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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BitFinnese
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October 02, 2017, 11:00:00 PM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Definitely will tell him to google it and after that, I will explain the basic to at least trigger his interest. I believe information on the site is much precise than what we will explain to them. Since most of us is not a programmer, nor know the whole information about Bitcoin (majority here just know how to send and receive bitcoin from a third site, I have met people who do not know how to create a wallet in electrum) it is best to advise them to search what Bitcoin is. It saves us a lot of time and the one looking for an answer will have a robust source of information. |
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blockman
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October 02, 2017, 11:03:23 PM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Giving the clearer answer base on your thought should be like this but first don't be confuse on what you are about to answer when someone asks you about bitcoin. Be confident that you are knowledgeable than them. When someone asks me about bitcoin I usually answer that it's a coin that was generated by super computers and it's only found in the internet, virtual money simple as that. |
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Hotel_Prodeo
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October 02, 2017, 11:07:20 PM |
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For me bitcoin is an easy opportunity to gain wealth, we all know that the current bitcoin price continues to increase so it becomes the main choice of future investment. Let's make life better with invest bitcoin.
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tetangga cakep
Member
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Activity: 99
Merit: 10
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October 02, 2017, 11:27:52 PM |
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Bitcoin is our All future money. This is also called a kind of cryptocurrency.
Bitcoin is decentralized and can be used as a mode of payment in some businesses or stores.
It can also be used to send some funds wherever you are and or whenever you want.
Bitcoin also increases its value by itself.
And I hope as much as possible, people must already know, especially for people who are short of money, they have to work in the field of bitcoin.
In addition you can also hold your bitcoin to make money while Waiting for high prices.
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cryptotsunami
Member
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Activity: 114
Merit: 12
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October 02, 2017, 11:53:12 PM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I just tell them in a way that they could easily understand. Whenever someone ask me what is bitcoin, I just say "it's a virtual money that increase its value". Plain and simple. |
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leirou
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Activity: 112
Merit: 10
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October 02, 2017, 11:59:59 PM |
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Bitcoin/BTC is a digital currency that was created by a person or a group of person named Satoshi Nakamoto. They’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
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Sihab76
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October 03, 2017, 02:31:49 AM |
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bitcoin is digital electrical currency which a bank can not maintain.it is online unseen money which is easily transmitted into different currency. a brief discuss having in google.....
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DoublerHunter
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October 03, 2017, 02:32:39 AM |
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Bitcoin/BTC is a digital currency that was created by a person or a group of person named Satoshi Nakamoto. They’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
It is just created by satoshi nakamoto and he is only one person. Satoshi Nakamoto created bitcoin because he want to change the system of our financial system because inflation rate is the main reason why people can become rich too because the prices of the goods are going up so the ability to buy goods for a poor person is getting lower so bitcoin will become a life saver for them to fight inflation. |
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Fasdartin
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October 03, 2017, 02:49:30 AM
Last edit: October 04, 2017, 12:17:58 PM by Fasdartin |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
We know the meaning of bitcoin if we search on google and what is used. Everywant you know about the bitcoin is found on the google and some in the forum. the history of the bitcoin, who made the bitcoin and others topic about bitcoin will found in the google or in this forum.now the challenge is i think what is bitcoin for me or for you ? And if answer that i must compare the bitcoin into growing trees. Bitcoin is just growing and growing umless you take the root even though that the branch broke it will grow again and again. |
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100%succes
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October 03, 2017, 03:14:42 AM |
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I think bitcoin is the virtual currency available in the digital world, bitcoin can also be sent to me.
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denny27
Full Member
Offline
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
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October 03, 2017, 05:56:43 AM |
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If the one of my friend has who just heard about bitcoin and asking what bitcoin it is to me, first i will explain it all i known about bitcoin as well as how to earn it. In addition i will give him some proof of how to get the bitcoin i've done, and i will also tell him to learning more or increase his knowledge by reading a lot in google articles and invited him come to this forum for learning more about bitcoin.
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Yadstiker
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October 03, 2017, 06:21:54 AM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Definitely will tell him to google it and after that, I will explain the basic to at least trigger his interest. I believe information on the site is much precise than what we will explain to them. Since most of us is not a programmer, nor know the whole information about Bitcoin (majority here just know how to send and receive bitcoin from a third site, I have met people who do not know how to create a wallet in electrum) it is best to advise them to search what Bitcoin is. It saves us a lot of time and the one looking for an answer will have a robust source of information. Exactly right, and of course if someone was being interested, it doesn't really mean you have to feed up all the answers he would ask, but probably let him be independent and seek his own answers. Because actually, if you keep on depending into someone it will only lead that you don't have that much knowledge on what you are going through, as for an example, Bitcoin, you need to learn it by yourself and have your own knowledge and understanding about this matter if you are really willing. |
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kutongcoin
Member
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Activity: 76
Merit: 10
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October 03, 2017, 07:02:02 AM |
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Bitcoin is a form of digital currency, created and held electronically.No banks needed for you to transact and no need to give your real name.
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dart vader
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October 03, 2017, 07:12:36 AM |
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Bitcoin is peer-to-peer cryptocurrency system that allows online transactions using a unit of exchange called Bitcoins.It came into existence in 2009.It is decentralized i.e.without any involvement of government.It can be seen as the alternative of government's flat currencies such as Us Dollars or Euros or an alternative to the pure commodity currencies such as gold or silver coins.Each Bitcoin transaction is recorded in Blockchain .They are either mined or purchased with standard national currency. Bitcoins are kept in Bitcoin wallets which are accessed through smartphone or computer using internet.
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FrankNoland
Copper Member
Sr. Member
Offline
Activity: 560
Merit: 253
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October 03, 2017, 07:15:47 AM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
I would explain bitcoin to a newbie in a way that he will be able to understand and maybe somehow develop some interest. In my opinion, bitcoin simply means internet money that can be transferred between peer to peer. There is no need to provide your names and they is no middle man, it is completely decentralised. Bitcoin was created in 2009, by the programmer(s) named Satoshi Nakamoto. Only 21 million bitcoin were created and around 16 million are in circulation. Bitcoin has been gaining popularity and recognition throughout the years and now a lot of countries are adopting it and starting to use it. |
Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
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bitcad4u
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October 03, 2017, 07:17:28 AM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Definitely will tell him to google it and after that, I will explain the basic to at least trigger his interest. I believe information on the site is much precise than what we will explain to them. Since most of us is not a programmer, nor know the whole information about Bitcoin (majority here just know how to send and receive bitcoin from a third site, I have met people who do not know how to create a wallet in electrum) it is best to advise them to search what Bitcoin is. It saves us a lot of time and the one looking for an answer will have a robust source of information. Exactly right, and of course if someone was being interested, it doesn't really mean you have to feed up all the answers he would ask, but probably let him be independent and seek his own answers. Because actually, if you keep on depending into someone it will only lead that you don't have that much knowledge on what you are going through, as for an example, Bitcoin, you need to learn it by yourself and have your own knowledge and understanding about this matter if you are really willing. Bitcoin is a one type of currency and it is called as digital currency and i find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome is called bitcoin. |
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TonyMark
Member
Offline
Activity: 135
Merit: 11
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October 03, 2017, 07:26:29 AM |
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Bitcoin is a digital currency and payment system that is completely different from usual currencies. It is the first invented cryptocurrency by Satoshi Nakamoto (2009). It’s called as decentralized digital asset or digital gold.
Bitcoin is an open source software which means that not any particular person, company or nation owns it (just like the internet). This follows peer-to-peer network i.e. 2 or more participants can transact individually without an involvement of bank or any central authority. Network servers authenticated such transactions and stored in public distributed ledger i.e. called the blockchain.
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novhitadaloma
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October 03, 2017, 07:43:46 AM |
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Bitcoin can be used as a legitimate payment, and bitcoin also provides business opportunities for you.
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josephpogi
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October 03, 2017, 08:01:55 AM |
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Based in my research bitcoin is cryptocurrency and digital and it can use peer to peer so that's why bitcoin is so fast to transact becuase bitcoin powered by internet and you can use this to pay your bills and etc. |
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