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Author Topic: 6 things bitcoin introduced to us  (Read 3253 times)
barneystinkcoin (OP)
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September 03, 2014, 10:59:55 AM
 #1

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?
CryptoCarmen
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September 03, 2014, 11:47:39 AM
 #2

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

I suggest you to go read white paper. All changed a bit, but basically is still the same.
DubFX
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September 03, 2014, 05:30:06 PM
 #3

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?
Better anonymity, almost no fees, faster transactions, peer to peer transactions so no 3rd party etc etc...find the white paper. 
mrhelpful
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September 03, 2014, 05:34:29 PM
 #4

Its a safe haven for big players who make a lot of money, since they can buy all the btc and cash it out when they please.
bitsmichel
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September 03, 2014, 06:08:04 PM
 #5

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Yes, a new technological concept and system which can be used online.

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September 03, 2014, 07:26:26 PM
 #6

1 - Decentralized payment system without need of a central reliable authority.

and why 6, not 4 or 10? Because of the 6 confirmations people say we need to "confirm" a transaction?
virtualx
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September 03, 2014, 11:50:16 PM
 #7

1 - Decentralized payment system without need of a central reliable authority.

and why 6, not 4 or 10? Because of the 6 confirmations people say we need to "confirm" a transaction?
This thread has 6 confirmations now (question was the 1st)  Grin

Quote
Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?
A system for electronic transactions without relying on trust. Payments is just one application.

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MicroGuy
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September 04, 2014, 12:44:49 AM
 #8

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

It opened the door for a new "Golden Era" in digital currency. Hehe
BunsenBurner
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September 04, 2014, 06:47:39 PM
 #9

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?
Better anonymity, almost no fees, faster transactions, peer to peer transactions so no 3rd party etc etc...find the white paper. 

You pretty much summarize the benefits of bitcoin. Smiley

For the white paper, you can find it on https://bitcoin.org/bitcoin.pdf

tanaka
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September 05, 2014, 03:32:08 AM
 #10

1 - Decentralized payment system without need of a central reliable authority.

and why 6, not 4 or 10? Because of the 6 confirmations people say we need to "confirm" a transaction?
This thread has 6 confirmations now (question was the 1st)  Grin

Quote
Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?
A system for electronic transactions without relying on trust. Payments is just one application.

How fast can you exchange your bitcoin into real dollars?

Bit N Roll
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September 05, 2014, 03:50:27 AM
 #11

1 - Decentralized payment system without need of a central reliable authority.

and why 6, not 4 or 10? Because of the 6 confirmations people say we need to "confirm" a transaction?
This thread has 6 confirmations now (question was the 1st)  Grin

Quote
Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?
A system for electronic transactions without relying on trust. Payments is just one application.

How fast can you exchange your bitcoin into real dollars?
Is it possible that you can change your bitcoin and credit it to your paypal.
MaryKris
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September 05, 2014, 05:38:04 AM
 #12

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

It opened the door for a new "Golden Era" in digital currency. Hehe

What Golden era are you talking about?

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JeffDeChesare
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September 05, 2014, 10:56:40 AM
 #13

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

It opened the door for a new "Golden Era" in digital currency. Hehe

What Golden era are you talking about?

The The Golden Era of Innovation, sending ad receiving money without paying to any third party and there's still more to come.
BunsenBurner
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September 05, 2014, 07:41:08 PM
 #14

Is it possible that you can change your bitcoin and credit it to your paypal.

You can use Virwox to sell bitcoin for SLL and further sell SLL for bitcoin.
Or, you can sell bitcoin to another person for paypal on localbitcoins and currency exchange here, but you need to be careful with scammers.

minerpumpkin
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September 05, 2014, 09:53:05 PM
 #15

I think it introduced a lot of people into markets. They started following the Bitcoin price, maybe did a few trades gained/lost some money and started to familiarize themselves with the respective terms, TA, patterns, etc.

I should have gotten into Bitcoin back in 1992...
altcoinlady
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September 07, 2014, 12:45:49 PM
 #16

Is it possible that you can change your bitcoin and credit it to your paypal.

You can use Virwox to sell bitcoin for SLL and further sell SLL for bitcoin.
Or, you can sell bitcoin to another person for paypal on localbitcoins and currency exchange here, but you need to be careful with scammers.

So will be the price still the same in the coin index?

nizamcc
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September 07, 2014, 01:41:44 PM
 #17

Low tx fees!
Ayers
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September 07, 2014, 02:57:17 PM
 #18

decentralization, mining, faster transaction, tax free(maybe not now), just that lol, 6 are too many

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silvestar
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September 07, 2014, 03:14:10 PM
 #19

Just a bit of research here. What are the things that bitcoin introduced us to? Is there any?

Bitcoin transaction is so much better than bank wire or bank transfer, in the sense of speed and cost.
Also, the decentralization property makes it that no one can stop the bitcoin tx as well.
whitefly
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September 07, 2014, 04:34:53 PM
 #20

In my opinion, anonymity mostly Smiley
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