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Author Topic: What is bitcoin  (Read 7816 times)
stayeduptolate
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October 28, 2017, 08:51:58 AM
 #301

Bitcoin is one type of CryptoCurrency currency. It was created in year of 2009 by a unknown peoples, later they are known as satoshi Nakamoto. Bitcoin can be used by many companies because due to bitcoin online transition made easy and safe because bitcoin didn't work under company or country. Small companies like bitcoin much because by using it they did not pay extra credit charge for it. Transition through bitcoin doesn't need any third man means no banks. Their no transaction fee apply and doesn't need to give real name
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October 28, 2017, 10:34:26 AM
 #302

In a nutshell, Bitcoin is a decentralized encrypted digital currency that is not trackable yet. You also need no medium to send or receive such currency from any corner of the world.
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October 28, 2017, 10:37:36 AM
 #303

Bitcoin is digital currency which can be used a source of online transaction by doing online trading.it was initially launched in 2008 and these days almost every one can do a sort of online trade through bitcoins
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October 28, 2017, 11:14:12 AM
 #304

Bitcoin is digital currency which can be used a source of online transaction by doing online trading.it was initially launched in 2008 and these days almost every one can do a sort of online trade through bitcoins
We can use bitcoin in many things Like, Investing, Trading, Exchanging it, or maybe buy using bitcoin from the internet. It's the first cryptocurrencies that made in 2009 by satoshi nakamoto, which he's until now anonym. So conclude is one of the bestest technogy created in our century, A very good opportunity to a lot of people to collect and work online to get this coin.

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October 28, 2017, 12:08:24 PM
 #305

I think you can just explain that bitcoin is crypto currancy which can be made in the choice of investment that provides benefits and if stored price in the future will be more expensive
Pakar11220
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October 28, 2017, 02:06:37 PM
 #306

Bitcoin is an online crypto currency.it is not present in physical form, it can also used for trading and exchange activity and you can also buy anything online.
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October 29, 2017, 11:28:25 AM
 #307

Bitcoin is a digital currency and new currency and so many people call it online currency. it has no physical existence. It was created in the year of 2009 by the unknown person. you can use bitcoin in many things such as  Investing, Trading, Exchanging etc. 

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October 29, 2017, 11:36:50 AM
 #308

Bitcoin created in the year 2009 and it is created by the unknown person. Bitcoin is a digital or online currency. actually it is virtual currency and it is first digital currency in the world. you can learn more about this matter you can search  google.

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October 29, 2017, 11:59:41 AM
 #309

Bitcoin is another currency that exist only in internet and networks. It is created by an unknown geek that only known with his name Satoshi Nakamoto and nobody's claimed the creator of this blockchain technology.
tevayo
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October 29, 2017, 12:06:50 PM
 #310

Bitcoin is nothing but a virtual currency or a medium of conducting digital transactions, just like any other digital     Bitcoin is digital and decentralized – With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners  Ease of online shopping: As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.    Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
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October 29, 2017, 12:14:07 PM
 #311

Bitcoin is nothing but a virtual currency or a medium of conducting digital transactions, just like any other digital     Bitcoin is digital and decentralized – With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners  Ease of online shopping: As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money.    Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.
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October 29, 2017, 12:22:57 PM
 #312

haha i get some answers like 'oh yeah i saw it on TV that useless shit' or 'oh that is so risky, they say the bubble is going to burst any time now' or even 'oh you made that much money? but it's not real money like, it's like you need to sell it in order to get money?' And the list goes on. Serously poeple are just not ready for it yet, they need to learn about it in their own pace. No need in bombing people withinfo because people will always listen to the media or people who studied economics and those are the people who are not giving bitcoin the best image.

skarais
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October 29, 2017, 12:37:25 PM
 #313

I think Bitcoin is a decentralized digital currency that is now gaining in popularity.
Bitcoin can also be used to send donations of funds to anyone and whenever you want.
I think if you want to send money through bitcoin it will be easier and practical With bitcoin we can send it easily,precisely and accurately whenever we want.

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nguyuh
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October 29, 2017, 12:39:47 PM
 #314

Bitcoin is decentralized and bitcoin can be used as the mode of payment in some business and also bitcoin can be used to send some funds wherever you are whenever you want,. bitcoin is increasing the value itself,

Bitcoin do not increase it's own vale by itself, because if it can do it, bitcoin will be having a great price even in it's first release. The value depends on the users of the digital currency, the more the user, the higher the value. The same with the price, the higher the demand, the higher the price.
Yeah but for me bitcoin is our futurr money and i hope  as much as possible people should know it early .especially to troublesome or poorpeople like me . becuase this is the answer to reduce our poverty.
is not future money, bitcoin is future asset that can make us rich.
mhayandal
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October 29, 2017, 12:44:46 PM
 #315

bitcoin increases the value by itself, bitcoin is our future money you can pay your payment by using the bitcoin this can be a source of income.

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October 29, 2017, 12:49:22 PM
 #316

Bitcoin is the first crypto currency ever introduced in Internet. Its a virtual currency.Its exist only in Internet. it has no physical note or coin.People think its the future of currency.Day by day Bitcoin is gaining popularity and the value of it is increasing highly.We can trade in online by using Bitcoin. It can also used as a source of income.
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October 29, 2017, 12:55:43 PM
 #317

Bitcoin is a currency and a network. The network is the Blockchain, which is one big public ledger that keeps track of whatever thing value is on it, and Bitcoin is the currency to use on this network to express value.
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October 29, 2017, 01:00:36 PM
 #318

if i, if anyone ask me what is bitcoin, yes i answer it with simple, that bitcoin is digital currency, for more details please see youtube or google.
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October 29, 2017, 01:09:13 PM
 #319

bitcoin is a digital currency that is known to be non-existent physically but has many important meanings in the digital world and usually bitcointalk is used for online purchases and payments, you also hold your bitcoins to invest to make a lot of money until the price is high.
argiyan.tri
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October 29, 2017, 01:10:38 PM
 #320

sometimes if anyone asks me what bitcoin I explain simply as what I know.
if he still does not understand better recommended to browse the internet.
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