olya_n
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January 23, 2018, 07:51:44 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 also tell them to google it if they want more information. Honestly it's fucking annoying when people that are clueless start making all these questions. It's going to be easy for them to just start doing some research. I tell them that it's a decentralized currency but it's better used as a store of value rather than a currency because it's honestly pretty stupid to spend your BTC on groceries when you know it's going to go up, similarly to how it's stupid to buy groceries with gold. I absolutely agree with you. Very much annoying questions about bitcoin from people who have not previously heard about this type of currency. And annoying questions of people who know about bitcoin, but for some reason are afraid to invest in it. But these people still get bored with questions ... I tell them this: "Google to help" |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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hibiscus
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January 23, 2018, 08:24:17 AM |
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Bitcoin is a digital decentralized cryptocurrency ,started at the year 2008 by an unknown person or company named as Satoshi Nakamoto.Anyhow It is globally accepted and the transaction is done easily and cheaply without a middleman interference.Transactions are done with person to person from wallet to wallet.In the beginning the price was too low and by last year the price shooted up like rocket speed.
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ZIM17
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January 23, 2018, 10:15:00 AM |
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bitcoin is a cryptocurrency and payment system around the world. This is the first decentralized digital currency since the system works and we make it easier to send money to bitcoin without passing the central bank these transactions are proven by nodes of the network by using cryptography and recorded in a public distribution with the ledger of a blockchain.  |
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Wittycoin
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January 23, 2018, 10:41:22 AM |
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Bitcoin is a digital money where it has no physical appearance and can only used online as an asset or to buy goods. It is a cryptocurrency.
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Jaemouns
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January 23, 2018, 10:56:21 AM |
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bitcoin is a cryptocurrency and payment system around the world. This is the first decentralized digital currency since the system works and we make it easier to send money to bitcoin without passing the central bank these transactions are proven by nodes of the network by using cryptography and recorded in a public distribution with the ledger of a blockchain. Bitcoin is the number one and the highest cryptocurrency which the value price really upgrading.This is the best of all cryptocurrency coins which people really need to earn and invest because of it's unique and understimated value.It is the most popular coin and the number one in online investment. |
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Hilga
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January 23, 2018, 10:59:14 AM |
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Bitcoin is basic virtual money, payment the world, First Altcoin, make many people reach, easy and fist earn bitcoin, Good for invest long time.
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Umar001
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January 23, 2018, 11:08:40 AM |
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Bitcoin is the, is the decentralized crytocurrency and worldwide pay system,. Its the decentralized digital currency as the system work without a central bank or a single administration. Bitcoin is a digital currency.
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Nabobs Robi
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January 23, 2018, 11:12:05 AM |
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What is Bitcoin? In general it can be said that Bitcoin is a kind of valuable offline currency. According to chrome or according to demand its price is low.
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maichimoto
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January 23, 2018, 11:26:02 AM |
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decentralized cryptocurrency
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bajigur894784
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January 23, 2018, 11:34:42 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 think, there is no simple answer to answer the question of those who first heard of bitcoin. it will always be a long explanation. it will always be confusing and complicated to find the right explanation to answer their questions. and.. me too always take a shortcut . that is, directing them to google. |
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alquimje
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January 23, 2018, 11:36:23 AM |
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Bitcoin is a currency which the value can be either increasing or decreasing. Its value depends on the availability of the bitcoin in the market. If there are a lot of bitcoin available the demand is low decreases the value but if bitcoin is running out the demand is high increasing the value.
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gvnsrbtc
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January 23, 2018, 11:38:02 AM |
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Conversation:
Someone who knows nothing about BTC:What is bitcoin?
Me: Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency and bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
Someone: Hmmm. Am i going to be rich or not?
Me: Byeeee...
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hafeezbaloch
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January 23, 2018, 11:41:06 AM |
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it is digital currency. and we cannot take it by hand physicaly.. we just softly watch it and we can use it for our best.
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Mantisa83
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January 23, 2018, 11:45:58 AM |
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Bitcoin’s crazy great jump in price over 2017 has taken the world’s most popular cryptocurrency from a curiosity into a begrudgingly valued asset by governments. I will invest.
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Jerald
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January 23, 2018, 12:00:44 PM |
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Bitcoin is a kind of cryptocurrency which is now a popular crypt, and it will give us a good future and also the future of Bitcoin.
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Al-e_x
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January 23, 2018, 12:20:12 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.
Yes indeed I like that too often, I think it's a natural thing if a friend or community asked like that, Meraka also definitely want to go forward and want to change to be better than before, And this bitcoin one of which will make the future we are bright .. If I prefer to explain to friends or community by sitting together while explaining and immediately practice it, because in this way! in my opinion will be easier to understand by friends and community. And in addition to telling my friends to read articles or videos about this digital currency. |
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buternasek
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January 23, 2018, 02:54:18 PM |
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I will explain clearly to my friend
bitcoin is a digital currency, bitcoin is a digital asset and a long-term investment
Bitcoin is not like gold, bitcoin is more practical, can be sent anywhere and anytime
and also a place to make money
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Boysisig207608
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March 20, 2018, 04:24:09 AM |
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For me, bitcoin as many of us know is the king of cryptocurrency and with that being said bitcoin has the highest value in the crypto market today in which attracts many users and investors making the bitcoin community grow day by day. Bitcoin for me is my way to freedom... yes with bitcoin I am sure that I can be able to achieve the freedom that I've been dreaming of for a very long time now.
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cj131005
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March 20, 2018, 04:28:09 AM |
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bitcoin is a digital and is a cryptocurrency and payment system. this is a easy to get the solved in your problem about the coin or other ..
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andylowe
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March 20, 2018, 05:00:25 AM |
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For me, bitcoin as many of us know is the king of cryptocurrency and with that being said bitcoin has the highest value in the crypto market today in which attracts many users and investors making the bitcoin community grow day by day. Bitcoin for me is my way to freedom... yes with bitcoin I am sure that I can be able to achieve the freedom that I've been dreaming of for a very long time now.
Bitcoin for me is a digital gold that really do can help many people for their living. Bitcoin is a unique transaction that really can help your future becomes better. Bitcoin is the safest transaction that everyone can use. It is also the very great source of income for everybody and this is a freedom for everybody. |
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