Describe, what is bitcoin? (your own opinion)

[qweqwe2121]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

[jemarleon]

We all know that bitcoin is a decentralized money and its purpose is to make transaction easier and cheaper.

But in this generation many people see bitcoin as a good alternative investment which is totally true and for me supporting crypto currency is a good help to promote this project to be used by all people in the future.

[charlotte04]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

For me, Bitcoin is my one way ticket out of poverty and would help me a lot in the future. I would let my self be consumed by the cryptocurrency world.

[qweqwe2121]

For me, Bitcoin is my one way ticket out of poverty and would help me a lot in the future. I would let my self be consumed by the cryptocurrency world.

is the bitcoin very important in your life to make money? or bitcoin just a financial support?
and how many hours a day do you spend focusing on Bitcoin?

[nishikido]

i just got an info from my friend about Bitcoin where you can earn money and good for investment. Well I'm still new with the know how but i think it's true.

[Killerbulate]

In my own opinion, bitcoin can change my life and it can help me for my income while I'm studying.

[boybitcoin]

It is a first decentralized peer to peer payment network that is powered up by its users with no middleman or no central authority.. its jut like a cash, a digital money.. and it can use for our daily need.. or more becoming source of income..

[Notcalculator]

It's a way to hold something of value, transacted in a trust less, decentralized network. Decentralized and Trust less is key here because what it's aiming to do is take power away from banks. Why you say? Because banks are responsible to some of the most tragic economic crises. And they dont even have to pay for their mistakes because, they're simply too powerful to touch.

[acha1217]

I think only learn what's BTC by internet that's enough. But if you want to hear from the members here, I will try to tell you!

what's is bitcoin? (in my mind)

Bitcoin is the first virtual currency based on blockchain technology which created by Satoshi Nakamoto on 2009, In my mind, Bitcoin come to make our payment method to be easier and good for long term investment

Maybe opinions of every members is different, but meaning to the same concept.
Thank you

[heartwreck]

Bitcoin is one of a cryptocurrencies now, it is a internet money.

[Wind_FURY]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

Bitcoin is a decentralized, censorship resistant cryptocurrency that is secured by proof of work.

For more details, read the whitepaper and the developer documentation.

https://bitcoin.org/bitcoin.pdf

https://bitcoin.org/en/developer-documentation

I honestly am not an "expert" and do not understand it fully myself. But it helps to read the developer documentation over and over as a reference.

[Ray55]

Bitcoin  is a cryptocurrency . Miners  , who solve the mathematical problems and mine this currency. It is  totally  online  process and also the blockchain technology. This is a digital  money. You can use this for your needs in life. You can got money from this and this is the  way to earning source in your life.  If you have  little money and you wants to invest in this,  this will be  the right choice  for you. Because maximum time this currency  hold a huge price and if you invest  with it you can gain a  good  amount. If you be a miner in future it will also be very helpful for you  in earning.

[Kirito-kun]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

In my own opinion, bitcoin is the way or key for those people who are jobless.  Bitcoin can somehow help to fill all your needs. It can also help if you or your family have financial problem. In bitcoin, here you can easily gain huge amount of money without a hustle because all you gonna do is to buy and sell bitcoin, join some campaign and post about bitcoin and share the campaign you just joined. And, in order for you to have that jaw dropping amount of money, all you need is hardwork, patience, and be optimistic. Having those characteristics can greatly affect you as a good holder.

[Ljanesanti]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

Bitcoin is a decentralized currency, which helps people to transact money faster and easily. It is the hope and motivation of every users to pursui their dreams. Discovering bitcoin mades my life complete, it gives me what I needed, I realized i can be independent on my own, and pay the hardworks what my family given to me. Bitcoin can change everyone life.

[Xester]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

Bitcoin is the first cryptocurrency ever made. The person who created bitcoin uses the username Satoshi in this forum. Bitcoin uses a blockchain technology and this technology allows everyone to check how many bitcoin are already in the circulation. Right now the number of circulated bitcoin is 17 million bitcoins.  The maximum supply for bitcoin is 21 million bitcoins.

In the fiat currency the US dollar is the main currency being used by the world so we can trade with other countries since they will not accept our local currency. In the cryptocurrency world bitcoin is like that US dollar since we cannot have other coins or trade with it without trading to btc first.

[nadbucs]

In my opinion according to what I have learned for the last few months since I am started to know about blockchain and cryptocurrency. Bitcoin is a digital currency to which we can use to buy goods and services. Moreover, nowadays people realized that bitcoin is a good alternative way for investment specially during last year that the price of bitcoin rise. More people bacame interested even lots of ICO started. On the other hand, it gives an opportunity to more individual to earn income.

[akihiro101117]

For me, Bitcoin is my one way ticket out of poverty and would help me a lot in the future. I would let my self be consumed by the cryptocurrency world.

is the bitcoin very important in your life to make money? or bitcoin just a financial support?
and how many hours a day do you spend focusing on Bitcoin?

Excuse me,I just want to answer your question.For me,bitcoin is just a financial support.Sometimes I am spending 4-6hours a day for gaining new knowledge about it. Just a tip of advise,don't let bitcoin drive your life. You still need to have a quality time with your friends and family.Make it balance!

[Vit83]

Bitcoin and whole crypto was a key to freedom from central banks;) But now because of lots of greedy people and manipulation, it is just a new promising tech to store and transfer money.

[dzaqira09]

Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

in my view the bitcoin is the first digital currency in the modern era that makes it easy for us to make payment transactions between countries and local, and with bitcoin we can get a big advantage by way of investing with bitcoin

[paulo013]

For me bitcoin is a cryptocurrency that can be use as a payment Alternative for fiat. Bitcoin is volatile so you can make profit by its price changes and also a good investment. also bitcoin is decentralized so no one can make control of it.