All Answers (7) 1  Quantile is moor common definition. It include The 2-quantile is called the median, The 5-quantiles are called quintiles. See link bottom. http://en.wikipedia.org/wiki/Quantile http://en.wikipedia.org/wiki/Quantile. Jul 25, 2014 2  Â·. Thank you Igor for providing the definition of quantiles.
Bitcoin is similar, although it is significantly more traceable and expensive than cash. Traceability can be critical to certain transactions. If someone wants to buy illegal goods like illicit drugs, cash is ideal because it does not produce a record of the transaction that can easily by traced or associated with the payor or payee.
Bitcoin means different things to different people. For some, it is a future of freely moving currency untied to any central bank. To others, it is a purely digital entity of questionable value and dubious origin. But what is Bitcoin, in the most basic sense? In most casual conversations, you can get away with knowing that bitcoin is, basically, a digital currency.