What is bitcoin

[qwerty_2134]

For me, Bitcoin is the easiest way to earn money, although it so hard at first because bitcoin is all about rank. The higher the rank, the higher the income you will get. So I suggest everyone to rank up first before joining campaign and start earning alot of money.

[tarek7988]

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
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.

[Faith Joy]

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.

Bitcoin is an aid for people in able to gain and to earn so much money, I always tell the same story: if today you want to send $ ten to the other end of the world, you will have to go through western union and send it will cost you ten times the price. With the BTC, you can send money to anyone, anytime, any time, securely and instantly. And then I add that no state, no banking institution will be able to regulate this, nor even to own it, one is its own banker.

[dyewic]

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,

I agree to you that bitcoin is decentralized and bitcoin can be used as the mode of payment in some business online and can be used to send funds wherever you are or whenever you want. Bitcoin is a decentralized truth ledger and a digital currency that involves in blockchain and cryptocurrency. You can earn bitcoins in many ways that can sure you'll be a millionaire someday and the ways on how you can earn bitcoins are Mining, Trading, Gambling, Investing on bitcoin related businesses, Joining in signature campaigns here in the forum.

[Aaroenz0r]

If I am asked about Bitcoin, I will tell him that Bitcoin is a kind of special money, you can't touch, you can't see, but it will earn money for you. 

[Noilee]

Bitcoin is an internet money and most popular currency today, its an international currency. Bitcoin is easy to earn money that we need only a skills and knowledge. Its easy to use because you can use it anywhere in the world and use as payments on online transactions, its a secure and safe way for you to send money anywhere in the world, no fees and the transaction is fast. Bitcoin is best investment and a source of income.

[TrueCryptonaire]

Bitcoin, the category creator of blockchain technology, is the World Wide Ledger yet extremely complicated and no one definition fully encapsulates it. By analogy it is like being able to send a gold coin via email. It is a consensus network that enables a new payment system and a completely digital money.

It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. Bitcoin was the first practical implementation and is currently the most prominent triple entry bookkeeping system in existence.

[Alfinopogi]

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.

what is bitcoin ? for me Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

[sathvik112]

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.

what is bitcoin ? for me Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

For me bitcoin is an advanced digital currency also a secured currency reason why notes may crush or tear but not the bitcoin.

Bitcoin is also a good trading, if we are still not experiencing the advanced bitcoin currency then being in the advanced infrastructure generation we are still making our moves like the dumb.

I recommend strongly this is the best way. Also to be added billgates is not a common man. He is a multi millionaire where as he spoken about bitcoin.

[Ranly123]

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 suggest them to go search for bitcoin in searching sites, and would tell them to try and understand how they would earn through bitcoin. I know it is not easy to enterpret what it is that you know about bitcoin but atleast we can enlighten them what it should be done in order for them to learn more about bitcoin.

[rimjimrain996]

i am a student, i was complete a online course from [www.google.com]US ONLINE CENTER[/www.google.com], This Really Nice Center For All, You Can Try Here, For Lea  Online Money Making. 

[Ains_sama]

I also often get questions like that, what is bitcoin.? and I always answer bitcoin is digital currency or digital gold, but when they ask more details, I suggest to googling, because I also can not explain in detail. but if they ask briefly I always set an example between gold and bitcoin. and also the equation

[saymon320]

bitcoin is a one kind of digital currency, its popularity day by day increasing.that's why I loved most bitcoin.

[Bakote16916]

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.

This is what I most often experience, some of my friends many who want to know what it is actually bitcoin and how to get it, I also can only explain a little what I know bitcoin is a virtual currency equal to dollar. which distinguishes bitcoin exists only in the digital world. How to get it can be from the signature campaign. That's all I can explain to them because I myself still have a lot to learn and they understand a bit and are interested in bitcoin.

[corroze]

for me bitcoin is not just a currency that works for payment transactions but now bitcoin has become an asset that is really valuable to my life and of course for all other bitcoin users,
the role of bitcoin is so great on the economic changes that occur to each user, and is able to reduce the unemployment rate in this country, although currently the role of bitcoin can not be maximized by the government in my country but of course its contribution can be obtained by all users in the country this.

[ictin]

I think I will answer that Bitcoin is a kind of money which investor can invest in it and earn the profit. Besides, It can be used for transaction payment without the third party.

[Tiktik]

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.

Bitcoin is a digital currency that many goverments hate this because bitcoin can not control by any goverment and this bitcoin is working because of the internet you can use mining trasing investing and etc to get this bitcoin is profitable.

[cherrymobile]

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.

Bitcoin is the first cryptocurrency and this is popular to all people especially to investor thats whybitcoin continiously to increaase bitcoin for me is a hope for all people because it can give a money for us to buy and pey our debts and bills etc.

[tanu01]

Bitcoin is a digital crypto currency. for the past few years, bitcoin has maintained it's price value in the market.

[Adioliver]

Yes this is a question which boggles even the minds of people who know a lot about bitcoins.Even I find it hard to explain what is a bitcoin when someone asks me about it.Actually it's so complicated that we can never finish defining it.I would say that bitcoin is a high technology based digital currency which was created in 2009 by an anonymous genius known as Satoshi,his whereabouts are still unknown.Bitcoin is known as "The Father of cryptocurrencies" as it is the first of it's kind.Bitcoin is a currency with unstable value i.e it's value keeps on fluctuating from time to time.