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Author Topic: Describe, what is bitcoin? (your own opinion)  (Read 511 times)
Cryptogid
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March 30, 2018, 07:33:34 PM
 #41

Bitcoin is first the chief of crypto/digital currency,it only work for people that are cryptofanatics, bitcoin is like an investment for me that is secured, I like it alot..
Noilee
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March 31, 2018, 07:08:57 AM
 #42

Bitcoin is one of kind of source of extra income, because we have the freedom to earn, that needs of knowledge. The bitcoin is a currency that we can invest anytime. It may helps a lot to the people.
Djbeats
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March 31, 2018, 07:46:28 AM
 #43

For me, bitcoin is a kind of source of extra income because bitcoin can buy anything especially your everyday needs and it can help us for our tuition
jasydoggye
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March 31, 2018, 11:06:47 AM
 #44

Bitcoin is a form of decentralized money which are developed on Blockchain technology, that enables transaction without the intervention of any middle ground. To me, Bitcoin is the opportunity that enables not just to have some asset, rather earn value profit from it.
Hitesh Ohri
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March 31, 2018, 01:32:00 PM
 #45

in my opinion bitcoins plays a vital role in the electronic currency.... it is a good source of investment as it gives sufficient returns to  the investors...it is a better options to invest there in..
Iambic
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March 31, 2018, 01:38:10 PM
 #46

Bitcoin is an introduction to trading. I started trading in Bitcoin many years back as a teenager when it was worth around $500 per Bitcoin, and it (along with other cryptocurrencies) provided me with an insight into how trading works.

For some, Bitcoin is the only thing they would ever trade; people enjoy the volatility and the risk involved, but also the potential for reward. Personally, I prefer safer stock options to trade, but Bitcoin has been invaluable in making me a better trader, and smarter financially.
Dinomoves
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March 31, 2018, 01:46:30 PM
 #47

In my opinion, bitcoin for me is financer, for obviously can support financial needs, but it depends in own strategies on how it wisely manage their bitcoin.

♦ taucoin.io       │       THE ACTIVE UNIT       │       taucoin.io ♦
darkangel11
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March 31, 2018, 03:01:10 PM
 #48

If I were to avoid any real, existing definitions, I'd say that it's a way to hide from government control and intervention. Since the government is using us as work horses for its own benefit, being able to hold and move our wealth without anyone knowing about it gives us back the freedom that we've lost centuries ago. Bitcoin is a way for the little guy to remain independent and be able to say no and leave the country if he doesn't like its policies. That's why it became so popular among the Chinese, because it's not that easy to take everything and leave a socialist country. You're a cog in the machine and cogs can't just jump from one machine to another.
Fasdartin
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March 31, 2018, 03:54:26 PM
 #49

in my opinion bitcoins plays a vital role in the electronic currency.... it is a good source of investment as it gives sufficient returns to  the investors...it is a better options to invest there in..
For me, bitcoin is a source of income, a financer, because bitcoin help us gain big profit, to support our family financially and for future expenses. Bitcoin as what i learned is the first decentralized digital currency, the most convenient among all the crptos. You can make transactions without third party, means no bank, no fees to be deducted for the services.
pixie85
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April 01, 2018, 08:08:31 PM
 #50

Bitcoin is the revolution. A safe haven for people who are worried about the future. A currency that doesn't inflate, the first of its kind.
In my opinion even if it won't become the world currency it will show people how it's done and they will keep making better ones until we finally get rid of fiat.
andregunawan1
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April 02, 2018, 08:44:59 AM
 #51

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never be done more from one time.
Bughah
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June 02, 2018, 06:07:17 AM
 #52

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.  Smiley

Bitcoin will be considered as a great provider to those who are in needs. It touch lives to be more extreme for every challenge.
bright4mech
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June 02, 2018, 06:33:44 AM
 #53

Bitcoin is crypto currency that is acceptable all over the world, and also use for purchasing of goods and services, with lesser charges, in other words bitcoin has race men from graze to Grace, and also in the future use, I have been benefited from bitcoin, and is an asset.
royalparade01
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June 02, 2018, 06:34:29 AM
 #54

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.


For me, Bitcoin is a good alternative investments.  It's a one way ticket out of poverty where you can earn money if you are a good in this cryptocurrency world. It's help a lot of people who is a positive outlook of it.
rameshrajan1000
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June 02, 2018, 06:50:32 AM
 #55

I see my opinion about bitcoin as a tool to help improve the quality of life.
funchiestz
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June 02, 2018, 06:53:42 AM
 #56

Bitcoin is the way to catch a development early for me. As of the period we have been living in, we are too late for technological development and opportunity. But the Bitcoin revolution is just getting started. For this reason, I do not think I missed this development.
Cutieh01
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June 02, 2018, 07:03:22 AM
 #57

I see my opinion about bitcoin as a tool to help improve the quality of life.

For me bitcoin is an  alternative money or digital money that we can used in order to pay our transaction online. Bitcoin is also a decentralize and the transaction being made is private and anonymous. Also bitcoin can help those jobless and an alternative investment.
CoinstarF
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June 02, 2018, 07:05:11 AM
 #58

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.  Smiley

Bitcion is a new technology form into innovations an exchange  of profitable  business transformation of money  that are useful in the community can improve our knowledge and the society.
btc02190110
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June 02, 2018, 07:18:41 AM
 #59

To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as "bitcoin.".... Smiley
cabitu
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June 02, 2018, 07:28:48 AM
 #60

Bitcoin is a digital asset and simetimes called as digital currency because it can take function as currency like fiat money.It was created and introduced by satoshi nakamoto in japan in 2009. It is operated under decentralized blockchain system with no issuer or regulator and limited supply.It can be used as investment instrument for investors.
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