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Author Topic: Hello and why I believe Bitcoin is a good technology  (Read 318 times)
Manila Tanaka (OP)
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June 30, 2024, 10:40:32 AM
 #1

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka
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June 30, 2024, 10:55:59 AM
 #2

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Hello to you too mate!

Of course Bitcointalk community has been a great backbone to bitcoin which is also a reason why it was created to help enlighten people and put there difficulties into a simple step.
Alot of people like me and you always believe that bitcoin is difficult to understand but primarily it's very simple, you only have to put in the work and learn. if you dedicate more time to reading articles and learn the basics then it wouldn't be as difficult as it's speculated.

Of the more interesting part of bitcoin journey is the fact that it's not limited to anyone whether you have bitcoin knowledge or not you stand a chance to collect as much bitcoin as you can, along the line you might want to understand and learn is a process so while purchasing and all of that you will learn just the way I'm learning.

Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

From my little stay here in Bitcointalk forum, this people here are so great at it that no questions asked here are not solved and I believe you can notice that too. We've got lots of people here and knowledge is being shared.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka
Of course it seems it's too late to invest but we've got motivations and a reason to invest in bitcoin to matter what. since bitcoin has not yet been mined finished we can still buy and keep them sefely too.
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June 30, 2024, 10:59:37 AM
Merited by pooya87 (4)
 #3

It might be late and Bitcoin seems to be still very unobtainable
Bitcoin is very obtainable. You don't have to buy one unit of Bitcoin, it can be broken down and you'll get $1000 worth or $100 or $10, whichever amount is closer to your reach.
You're also not late, Bitcoin is in its second decade and is still only used by a small minority of the world population. You're early.

Do your reading across the forum, if you're looking to buy search up best exchanges and processes, best wallet to store in and how to secure that wallet.

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June 30, 2024, 12:22:53 PM
 #4

Bitcoin is very obtainable. You don't have to buy one unit of Bitcoin, it can be broken down and you'll get $1000 worth or $100 or $10, whichever amount is closer to your reach.
Bitcoin is perfect for DCA strategy (Dollar Cost Averaging) because you can buy any increment of bitcoin that fits your available capital. The smallest unit of Bitcoin is satoshi, more about Bitcoin units is below.

[Did you know?] Bitcoin Table of Units

If purchase is planned on centralized exchanges, you have to read their pages with information on minimum trade (assume it is $10), minimum withdrawal and withdrawal fee to have more detailed plan on your investment, DCA and withdrawal.

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You're also not late, Bitcoin is in its second decade and is still only used by a small minority of the world population. You're early
It is actually not too late. People said they are late in 2013, 2014, and even in 2020 or 2021. Now many people wonder they are late and will not join this market but they will be regretful next year, then jump in at ATH and stuck in a bear market.

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June 30, 2024, 12:29:33 PM
 #5

While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult,

It's too early to start making conclusions about the difficulty of Bitcoin. If you truly want to learn about Bitcoin, you should have a aim or purpose on why you want to learn. Is it solely for the money aspect, or to understand how Bitcoin works, or for both reasons. I don't know about others, but I think learning about how Bitcoin works gives you a better chance to interact and also understand ideas that other forum members are trying to pass.

In as much as the money aspect of Bitcoin is important, the technology aspect shouldn't be exempted either. Acquiring the knowledge of Bitcoin technicalities is so interesting.

Here is a statement I was able to quote from the book: The internet of money(volume one), which was a huge motivation to me.

Quote from: Andreas M. Antonopoulos
If you understand that bitcoin is a technology and not just a currency, you can truly grasp the importance it
has.
Reference: https://drive.google.com/file/d/1ldSYNJBGIOTPtS3-q0eP_UNon8XN9sJ6/view



Quote
we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

Of course, here on BTT, we have not just experts, but also those with experience that are already in the game, and can help you clear every doubt and wrong ideology regarding Bitcoin technology and investment, but you have your own part to play by learning and reading across materials that are Bitcoin related. Try as much to ask questions, because anything concerning Bitcoin does not work base on assumption.



Quote
It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I think Upgrade00 has provided an answer to this.

Pmalek
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June 30, 2024, 12:33:12 PM
 #6

It's never too late to start. Don't look at Bitcoin as only a way to make money and lots of it. Bitcoin is financial independence, and you can't be late to that.
I saw a great tweet the other day where the poster compared Bitcoin with the internet. The tweet showed an article posted decades ago saying that the internet doesn't have many use cases, and how many people are already giving up on it. Look where we are today, and how important internet is in everyday life. That's the crossroads where Bitcoin is right now. It's a technology many people are skeptical about and the elites are trying to hamper. It's still early on.

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June 30, 2024, 07:57:56 PM
 #7

Hey there! Welcome to Bitcointalk!

Trust me, when I first started lurking around here trying to soak up some Bitcoin knowledge, my head was spinning! Between the price swings, big institutional investors and early adopter whales, it can all feel so unfair, like the deck is stacked against us little guys.   

But heres the thing - Bitcoin doesnt care about fairness.  Its a cold, hard protocol doing its thing whether we understand it or not.  There arent any slices of pie being handed out.  You have got to put some skin in the game if you want to get some. Luckily this forum is filled with articles and fiery debates from Bitcoiners way smarter than me.  I may not understand it all yet, but I keep finding gems that help me learn how to get my little piece of the action.  Stick around and you might just get yours too!

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June 30, 2024, 09:17:08 PM
 #8

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.
I do have this perspective about bitcoin that despite what the price is now compared to very price of early times past we haven't yet gotten to that stage where anyone should think that they are coming late to invest in bitcoin. It's what and how you utilize the opportunity within the time you got on board that very much matters. There's still open opportunity to make profit for a long term investment.

When obtaining your bitcoin make sure you have to store your coins in a self-custodial wallet like electrum, never leave your coins in a CEX as it's not safe. Here's a link you can use to have more insight about electrum wallet and how it looks like  https://bitcointalk.org/index.php?topic=3774520.msg37162163#msg37162163

Aside electrum you can check for extra safe wallets for bitcoin below:
Which Bitcoin wallet to use (by Lauda) https://bitcointalk.org/index.php?topic=1631151.0
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July 01, 2024, 05:07:00 AM
 #9

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

It never too late and Bitcoin is still very much obtainable, and it doesn't seems to be as difficult as you say, firstly you to understand that Bitcoin investment is not a quick and get rich quick scheme, it requires patient and alot of it for any one to truly enjoy the full benefits of Bitcoin, the DCA strategy of accumulating Bitcoin ha s made very easy for any kind of Bitcoin investors since you will not be buying a Bitcoin but a fraction of Satoshi as much as comfortably as you can be either weekly or monthly irrespective of price point on different intervals. It is expected that you invest when there is money readily available for investment after taken care of whatever might have been considered to be a basic needs and a provisional emergency funds,  investing from your disposable income will allow to invest more comfortably without selling too soon when you are meant to be accumulating Bitcoin. However, you are welcome to Bitcointalk forum and Bitcoin space I wish the best as you navigate the forum and explore in your Bitcoin journey.

.
Duelbits
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July 01, 2024, 07:20:45 PM
 #10

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

Welcome to the forum buddy.

The Bitcoin system is not difficult to understand if you have an interest in it. Although it is a broad field with some forms of technicalities, you can still understand the basic concept. You also decide to focus on some specialized areas like the technical and mining sectors. You just need to be exposed to the right learning materials and people for you to gain mastery of these sectors. Many people in my country have not been able to buy Bitcoin because they don't know that it could be bought in bits. OP you don't need to have money to buy one Bitcoin before you can own it. You can buy some units based on your financial strength.

I will also suggest to you OP that you spend more time reading instead of creating threads. When it comes to Bitcoin education, this forum is one of the best. I hope your stay here will be fruitful.

R


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July 01, 2024, 07:54:53 PM
 #11

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.
Understanding bitcoin is all about how dedicated you are to learn about it, you have a whole community to guide you through the journey as they have with every other newcomer and there is no better place to start your journey.

It’s never too late to hop on the bitcoin train and bitcoin is not unobtainable, yes the price is high to obtain a whole bitcoin but it’s mandatory to buy a whole bitcoin you can purchase bitcoin in batches with any amount you can afford at that time and if you do that continuously in no time you would have accumulated aa whole lot of it.

Welcome on board mate, don’t hesitate to ask questions the community members will always be there for you. Don’t be lazy to read and carry out research on your own it will be helpful as well.

 
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R


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July 01, 2024, 08:07:25 PM
 #12

Welcome mate to Bitcointalk forum,on this forum you'll get to learn, explore and enhance your knowledge about Bitcoin.Don't ever take it to yourself that your too late to the Bitcoin community,you came here to learn about Bitcoin so you just have to be focused and dedicate your time and energy to learn from experienced bitcoiners on the forum.When I got my account registered,I spent time to learn from high rank members because they've been into Bitcoin for years and they have the experience that I don't have.Understanding Bitcoin as most newbies will say it's difficult,but it isn't if only you choose to learn from experienced bitcoiners and DYOR.Adopting DCA strategy and buying small units of Bitcoin (Satoshi) gives a newbie more confidence to never think he/she is too late in the Bitcoin industry.
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July 01, 2024, 08:20:12 PM
 #13

why I believe Bitcoin is a good technology
Because Bitcoin is an electronic cash system that has many conveniences and freedoms.

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

The Bitcoin Whitepaper is reading that needs to be read to the end several times to find an idea of ​​what Bitcoin is, even though later you will find other readings that discuss Bitcoin.
If I were an expert on Bitcoin technical matters, perhaps I would serve you well via the bitcointalk forum utilizing the personal message function.

Anyway you are right. This Bitcoin forum is the most open place to discuss Bitcoin as long as you are willing to do so.

R


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July 01, 2024, 10:34:37 PM
 #14

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
It’s not too late to buy some Bitcoins. Even though the price of 1Bitcoin today is high, you can buy fractions of bitcoin occasionally using DCA strategy. This will help you accumulate more Bitcoins and build your crypto portfolio at your own pace and financial strength. BTW I love the way you started the thread, We are all Satoshi.

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July 02, 2024, 06:04:19 AM
 #15

It's never too late to start. Don't look at Bitcoin as only a way to make money and lots of it. Bitcoin is financial independence, and you can't be late to that.
I saw a great tweet the other day where the poster compared Bitcoin with the internet.
Some posts from Woonomic for comparison between Bitcoin and Internet adoption.
https://x.com/woonomic/status/1676998096751038464
https://x.com/woonomic/status/1580258488684400640

Bitcoin and Internet have different roles in societies and Bitcoin is weaker than Internet because the world need the Internet before something better than Internet discovered. With Bitcoin, the world still operate without Bitcoin blockchain but Bitcoin won't die easily. After 15 years, it matures enough and no longer is easily to die.

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July 02, 2024, 06:37:30 AM
 #16

Bitcoin and Internet have different roles in societies and Bitcoin is weaker than Internet because the world need the Internet before something better than Internet discovered. With Bitcoin, the world still operate without Bitcoin blockchain but Bitcoin won't die easily. After 15 years, it matures enough and no longer is easily to die.
Bitcoin can become as important for money as the internet is for sharing and finding information. They are, of course, different technologies, but revolutionary in their own ways. Regarding internet, we are in an era where it's very difficult to live without it. It's not just a source of information, but businesses and the financial world depend on it. You almost can't be an independent person in 2024 without knowing how to use the internet.

Bitcoin hasn't reached such levels of importance yet and perhaps it never will. You don't have to own bitcoin to be able to transact on the financial market. But if you want to move money according to your own rules and without intermediaries to any corner of the world, bitcoin is the best way to do that. Regulation is only going to be stricter in the future, especially if the nightmare known as CBDC comes to life. Bitcoin is a way to circumvent that regulation and remain in control of your money.

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July 02, 2024, 07:30:45 AM
 #17

Hello, dear Satoshis
  First of all welcome to the bitcoin forum mate. Since you are new here, I suggest you follow the forum rules.
Quote
It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.
It's never too late to buy bitcoins there is still plenty of time it is readily available and obtainable. You can buy bitcoins with any amount of money you can afford. You can buy bitcoins for $5, $10, $50 or even $100 if you have the money. Since you are a beginner get experience about investing before investing and don't think that investing in Bitcoin will make you rich overnight. Many people's fortunes have changed by investing in Bitcoin so try to hold Bitcoin for a long time and invest regularly with that belief.

R


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reagansimms
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July 02, 2024, 12:23:14 PM
 #18

Hello also Manila Tanaka.
Welcome to the Bitcointalk forum which can help you understand more deeply about Bitcoin.

Here you can get what you are looking for, especially regarding Bitcoin. Every new member who joins will always receive a welcome from the seniors and are ready to help you in the future. As long as you consistently take the time to learn about Bitcoin, you will gain broader knowledge here. It's never too late as long as you have the desire, always consistently visit the forum to get what you want to look for and take advantage of every opportunity you have.

 
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Parvati_j
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July 02, 2024, 09:16:21 PM
 #19

Hello, dear Satoshis

Bitcointalk has been playing a big role in Bitcoin history and I want to take part. While it is not easy to understand Bitcoin, we all have a chance to understand and collect Bitcoin.
Because Bitcoin is so difficult, we have experts to explain us details and once Bitcoin education will become more available and easier to understand for normal people, Bitcointalk seems to be a great place for a start.

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
When we can obtain some Bitcoin, we also need to store it safely.

I hope, Bitcointalk will be a good provision.

Manila Tanaka

Op from you claims, Bitcoin is not as difficult as you say it is. In fact Bitcoin is very easy to hold or make transactions with. All you need is a wallet with some Bitcoin or SATs and a public key to send to. Bitcoin can be very easy to understand it is very self explanatory. From your Google search results you can get a complete guide to help make wallet, secure it, make deposit and start holding. Though learning from experts here will definitely aid a better understanding and you can actually learn from their experience.

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July 03, 2024, 05:27:00 AM
 #20

It might be late and Bitcoin seems to be still very unobtainable but as always, Bitcointalk is still at it and everyone deserves his fair share in Bitcoin.
It’s not too late to buy some Bitcoins. Even though the price of 1Bitcoin today is high, you can buy fractions of bitcoin occasionally using DCA strategy. This will help you accumulate more Bitcoins and build your crypto portfolio at your own pace and financial strength. BTW I love the way you started the thread, We are all Satoshi.

I like your statement, it is never too late, and any one can possibly buy Bitcoin if the money is there and readily available for investment since it must not be buying a whole Bitcoin but a fraction of Satoshi, I have heard so much about the DCA strategy of buying Bitcoin either weekly or monthly irrespective of the current price of Bitcoin, Bitcoin investment is both for the average man and the rich everyone has the the opportunity of buying Bitcoin if only proper planning and financial budgets are made properly, but one major thing I have learnt is that Bitcoin investment is not a quick and get rich scheme such that patient is required at a very high esteemed in order to be accumulating Bitcoin and hold for a long time which will put you in a good profits.
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