Bitcoin Forum
November 01, 2024, 01:29:05 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7] 8 9 »  All
  Print  
Author Topic: [1 BTC Bounty] What is Bitcoin? *ENDED*  (Read 12394 times)
jackjack
Legendary
*
Offline Offline

Activity: 1176
Merit: 1280


May Bitcoin be touched by his Noodly Appendage


View Profile
June 12, 2013, 08:40:15 AM
 #121


BTCitcoin

is the Pioneering Digital Currency

laying the Worlds First Foundations towards the Future of a Unified,

Worldwide BTCanking and Monetary System

Powered not by Big Business or Nations who Hord Resources

and not even by Governments that Overreach their rightful domains

but by Ordinary People from all over World

just like You and Me.


Colors are always the first thing that raises my scam alert

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
JuenoMT
Member
**
Offline Offline

Activity: 101
Merit: 10


Founder of The Bit Bit Forum


View Profile WWW
June 12, 2013, 11:05:17 PM
 #122

***ALERT*** Irrational Paranoia  ***ALERT***


Colors are always the first thing that raises my scam alert


Exactly WHAT am I scamming??

It's just an attempt at a poetic twist on the BTCitcoin Ideaology (and 1 BTC  Roll Eyes) and besides, I am a primary visual spacial thinker, the colors are for emphasis and my own satisfaction, I think it makes it more interesting and noticable. After all, it inspired you to respond didn't it?

When's the last time you have seen the sun? ==> In real life? Tongue

jackjack
Legendary
*
Offline Offline

Activity: 1176
Merit: 1280


May Bitcoin be touched by his Noodly Appendage


View Profile
June 12, 2013, 11:21:47 PM
 #123

***ALERT*** Irrational Paranoia  ***ALERT***


Colors are always the first thing that raises my scam alert


Exactly WHAT am I scamming??

It's just an attempt at a poetic twist on the BTCitcoin Ideaology (and 1 BTC  Roll Eyes) and besides, I am a primary visual spacial thinker, the colors are for emphasis and my own satisfaction, I think it makes it more interesting and noticable. After all, it inspired you to respond didn't it?

When's the last time you have seen the sun? ==> In real life? Tongue

Wow someone needs to relax
All I was saying is that if I were new and someone advertised me something super ultra cool with colors and all, I'd be suspicious

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
zekesonxx
Newbie
*
Offline Offline

Activity: 42
Merit: 0



View Profile
June 13, 2013, 12:06:46 AM
 #124

Money today is based on trust in a central authority, such as the United States Treasury (USD) or the European Union (Euro). This keeps all finances private but is highly traceable and can be tracked back to a single person easily. Bitcoin is based on trust in highly-efficient and unbreakable math. All finances are public to everyone, however addresses have no person or organization associated with them (unless that person/org decided to publicly show their address in a official manner). Bitcoin is easy to use, albeit hard to acquire, and all forms of payment with bitcoin are irreversible.
JuenoMT
Member
**
Offline Offline

Activity: 101
Merit: 10


Founder of The Bit Bit Forum


View Profile WWW
June 13, 2013, 06:59:22 AM
Last edit: June 13, 2013, 10:07:01 PM by JuenoMT
 #125

***ALERT*** Irrational Paranoia  ***ALERT***


Colors are always the first thing that raises my scam alert


Exactly WHAT am I scamming??

It's just an attempt at a poetic twist on the BTCitcoin Ideaology (and 1 BTC  Roll Eyes) and besides, I am a primary visual spacial thinker, the colors are for emphasis and my own satisfaction, I think it makes it more interesting and noticable. After all, it inspired you to respond didn't it?

When's the last time you have seen the sun? ==> In real life? Tongue

Wow someone needs to relax
All I was saying is that if I were new and someone advertised me something super ultra cool with colors and all, I'd be suspicious


Ha! Cheesy Amusing, and I thought you were the one who needed to relax.

 No hurt feelings here, I may have misinterpreted your meaning and responded a liiitttlle heavy, but being tagged a scammer (which I am most certainly not) can be quite damaging in this forum. I have barely posted anything on bitcointalk.org and that tag has already been suggested on three occasions... sohh... ieye might bee joost ah weee bt sensahtuv. <==(think Irish accent) Wink

Edit:

Oh.... annnd byyee the waaayy... you wrote
Quote
super ultra cool with colors and all.

So ya Deew think its (with eco) "Sooppperr... err... er... Ullltrrraa... traa... aa... aa... Coowwell... ell... ell... ell."

See that OP?? Grin <==(blatant self promotion)

EDIT(again):Besides,  Angry your spagetti god is no match for my infinitely variable, ever elusive, undefinable and unprovable  Shocked Supper Dupper  Shocked beyond any other dupper deity... so THERE!! Tongue


spiral_mind
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
June 13, 2013, 09:08:07 AM
Last edit: June 13, 2013, 06:16:58 PM by spiral_mind
 #126

Bitcoin is a revolution in social systems just as much as in currency. It represents hope for a better world. On its face Bitcoin is a private, secure, and efficient form of currency based upon cryptography and distributed p2p networking that can be used anywhere there is access to computers and the internet. What makes Bitcoin different from other currencies is how it prevents foul play.

Rather than using threats of punishment (like government backed currencies) to prevent people from cheating the system (which is inefficient and usually not completely effective) the community has programmed Bitcoin to make behavior which further stabilizes the system the most profitable choice of action. Attempting to guess the private & public key pairs that control access to Bitcoin users' funds would take so many calculations it is practically impossible. That computing power could be far more efficiently used to generate new Bitcoins directly instead. This narrows the ways to get Bitcoins down to either buying them (which increases the value of Bitcoins held by everyone else) or submiting computing power to the network (which makes it more secure).

Both efficiency and user confidence an order of magnitude better than the current centralized banking system is possible using Bitcoin. Beyond just currency Bitcoin represents a new leap forward in human civilization that will be backed by collective voluntary action rather than direct coercion by central authorities. Bitcoin is living proof that humanity can work together to create a better world.
Fizpok
Sr. Member
****
Offline Offline

Activity: 344
Merit: 250


View Profile WWW
June 13, 2013, 01:20:44 PM
 #127

Once upon a time, a great Satoshi Satori Master was approached by students.
- Tell us, Teacher, what is the essence of a Bitcoin? They asked.
- Hm... The master said. Imagine the sound of clapping with two hands. Imagined? This is what money are about.
And now, imagine the sound of the clap with one hand. This is what the Bitcoin is about.

Enlightened, students left the Master's meditation place, and only one youngest student hesitated and then asked:
- But Teacher, if there is only one hand moving, what makes the actual noise?
The Teacher smiled and answered, his voice deep and divine:
- The Government does, he said.

If you like this post, please donate to breastfeed the homeless: 1ErCqJbDkxXGBKjNgF2Rs2cygAu9MJAcGf

Ethereum Programming Guide
Create Solidity contracts: Step-by Step Hands-on Guides.
Stunna (OP)
Legendary
*
Offline Offline

Activity: 3192
Merit: 1279


Primedice.com, Stake.com


View Profile
June 13, 2013, 06:46:20 PM
 #128

Picking a winner in two more days!  Smiley

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
rouf553
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
June 13, 2013, 07:46:00 PM
 #129

Bitcoin is the most valuable currency in the world.
BitKoot
Member
**
Offline Offline

Activity: 113
Merit: 10



View Profile
June 13, 2013, 08:36:22 PM
 #130

My 2nd entry:

Bitcoin is a currency which can be send anywhere in the world from anywhere in the world. You can send very small amounts as easily, fast and reliable as very large amounts. You don't have to pay high fees. And you can do all this from any computer or your phone.
DaFool
Member
**
Offline Offline

Activity: 84
Merit: 10



View Profile
June 13, 2013, 08:59:43 PM
Last edit: June 13, 2013, 09:10:12 PM by DaFool
 #131

From what I understand I would answer that Bitcoin is a cloudbanking solution where the banking accounts and the transactions are stored in a common file, the "Blockchain". This file is known to every client but can't be manipulated because the clients compare the version of their file to the version in the network in realtime, thereby making it impossible to manipulate it without controlling more than 50% of the network.

The new data of transactions is fed into the Blockchain with a very hard to break cryptic algorythm. (That's why people refer to Bitcoin as a CRYPTOcurrency.) Computing power of so called "miners" help to weave this new information into the Blockchain, rewarding them with new "bitcoins" that they recieve for processing that new information.

This system is decentralized and is an alternative to centralized monetary systems that are open to manipulation by the institutions that run it (the banks). Since the common file can't be changed by anyone, the need to trust a central institution becomes obsolete and the integrity of the monetary system could be restored.

Next time someone asks you what Bitcoin is you can quote me on that and send 1 BTC to this adress: 19jQ4w1iNNGzc4qfHtrTfJZjMeqntBAXmg  Wink




http://btcinvest.net/bitcoin-mining-profit-calculator.php - check it out! ✓ next difficulty + time left ✓ customizable monthly (diff + USD/BTC) increasements ✓ device lead time ✓ update: auto-compares device costs to BTC-buy profit ♥ 1btciBCKb59TbzNj5QzC2EXWDARxtJL1f
BTC: 19jQ4w1iNNGzc4qfHtrTfJZjMeqntBAXmg
freedomno1
Legendary
*
Offline Offline

Activity: 1806
Merit: 1090


Learning the troll avoidance button :)


View Profile
June 13, 2013, 10:37:38 PM
 #132

Thought about it more

Bitcoin is a user participated currency exchange, people have the option to choose to participate or not, unlike Fiat currencies bitcoins are backed by people itself and it is the people who decide its value.

As a system that has nothing to hide it is far more transparent accessible and convertible than all of the worlds fiat currencies. With lower fees for money transfers, for trading and even for providing aid and funding directly to disaster zones virtual currencies have the potential to change the world.


Believing in Bitcoins and it's ability to change the world
dwdoc
Legendary
*
Offline Offline

Activity: 966
Merit: 1000


- - -Caveat Aleo- - -


View Profile
June 14, 2013, 12:21:50 AM
 #133

Bitcoin is digital money which can be instantly and reliably emailed anywhere.
jaywaka2713
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


aka 7Strykes


View Profile
June 14, 2013, 02:43:53 PM
 #134

Bitcoin is digital money which can be instantly and reliably emailed anywhere.

Just a note, email would be the wrong terminology. Transferred, Sent, or Utilized would be better terms.

Fizpok
Sr. Member
****
Offline Offline

Activity: 344
Merit: 250


View Profile WWW
June 14, 2013, 02:58:59 PM
 #135

Think of Fiat as Dinosaurus. They were huge and strong, and there was time they ruled the Earth.
Now think of Bitcoin and Mammals.

If you like this post, please donate to breastfeed the homeless: 1ErCqJbDkxXGBKjNgF2Rs2cygAu9MJAcGf

Ethereum Programming Guide
Create Solidity contracts: Step-by Step Hands-on Guides.
alberthrocks
Newbie
*
Offline Offline

Activity: 50
Merit: 0


View Profile
June 14, 2013, 04:35:10 PM
 #136

Short and sweet you say? Voila:

BTCitcoin - a little coin that can do great things. Smiley

1KsySqfN4tmbLBznowjam8qvbsQ5twKVZP
dwdoc
Legendary
*
Offline Offline

Activity: 966
Merit: 1000


- - -Caveat Aleo- - -


View Profile
June 14, 2013, 04:38:56 PM
 #137

Bitcoin is digital money which can be instantly and reliably emailed anywhere.

Just a note, email would be the wrong terminology. Transferred, Sent, or Utilized would be better terms.

Email as in:
To email: To electronically mail: To electronically send.

Also, the end user experience off sending and receiving bitcoin from and to a wallet address is very much like sending and receiving email.
jaywaka2713
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


aka 7Strykes


View Profile
June 14, 2013, 04:41:35 PM
 #138

Bitcoin is digital money which can be instantly and reliably emailed anywhere.

Just a note, email would be the wrong terminology. Transferred, Sent, or Utilized would be better terms.

Email as in:
To email: To electronically mail: To electronically send.

Also, the end user experience off sending and receiving bitcoin from and to a wallet address is very much like sending and receiving email.

True, but in terms of mass adoption with the majority of people, the term email is directly related to sending emails. It's true definition isn't actually understood by most.

BitcoinBarrel
Legendary
*
Offline Offline

Activity: 2016
Merit: 1028


Fill Your Barrel with Bitcoins!


View Profile WWW
June 14, 2013, 04:42:15 PM
 #139

Bitcoin is a Decentralized Peer-2-Peer Digital Cryptocurrency

Bitcoin is an Open-source Financial Network



        ▄▄▄▄▄▄▄▄▄▄
     ▄██████████████▄
   ▄█████████████████▌
  ▐███████████████████▌
 ▄█████████████████████▄
 ███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
 ██████████████████████▀
 ▀████████████████████▀
  ▀██████████████████
    ▀▀████████████▀▀
.
.....
.....
.....
.....
.....
.....





dwdoc
Legendary
*
Offline Offline

Activity: 966
Merit: 1000


- - -Caveat Aleo- - -


View Profile
June 14, 2013, 04:50:14 PM
 #140

Bitcoin is digital money which can be instantly and reliably emailed anywhere.

Just a note, email would be the wrong terminology. Transferred, Sent, or Utilized would be better terms.

Email as in:
To email: To electronically mail: To electronically send.

Also, the end user experience off sending and receiving bitcoin from and to a wallet address is very much like sending and receiving email.

True, but in terms of mass adoption with the majority of people, the term email is directly related to sending emails. It's true definition isn't actually understood by most.

Bitcoin is digital money which can be instantly and reliably sent or received anywhere just like email.
Pages: « 1 2 3 4 5 6 [7] 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!