An Easy way to understand Bitcoin - page 8.

mynameisdon

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i am don(ripper's big daddy).i clean scammers.

Quote from: Digitalbitcoin on May 26, 2016, 03:48:17 PM

But in future there will be any other currency which can have more value than bitcoin.

Hope you will think about it. Its just beginning.

why you think so?
i don't think so and i am sure about this that bitcoin will always on peak.because its value is more more than other cryoto currency.in any case if this is possible,it will take too much time.people will keep buying btc because they are sure they can sell it to high rate.so circular of buy and sell will be continue. bitcoin will always top of other currencies because its demanded in high rate.

Digitalbitcoin

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I think bitcoin is not as easy to understand in depth with its advantages, futures, features, security majors and possibilities.

Bitcoin is real invention. And as my acknowledgement bitcoin is just a form of digital currency but the base is cryptography. Things associated with cryptography and blockchain makes it possible to give value to bitcoin.

Bitcoin is just one of altcoin as there are so many altcoins are now in market. Bitcoin is special because it has highest value of exchange in market. But in future there will be any other currency which can have more value than bitcoin.

Hope you will think about it. Its just beginning.

btvGainer

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Quote from: mynameisdon on May 11, 2016, 02:38:03 AM

Quote from: btvGainer on May 07, 2016, 04:49:37 PM

Quote from: mynameisdon on May 06, 2016, 09:56:14 AM

Quote from: luckyindia on August 28, 2014, 11:58:15 PM

If I put my hard earned Savings into BTC what is the guarantee that it will not b stolen Huh

well what is your income (5k,10k,20k,30k,80k)$ monthly???
i see on blockchain.info transaction of bitcoin of 2,50,400,500btc continuously and you ask what if store your money in btc.
bitcoin is secured with high security like bank.you should trust btc network as well as money in your bank.

Do not invest more than what you could afford to lose.This is the golden rule of any investment.Although btc has a good future, but investing all your savings in bitcoin at once is not what I would recommend.Instead go for small purchases every month

why are you recommending someone not to invest all saving in btc.and its not investment company to loose so we don't need any effort to loose.everyone knows btc rate will always go up.and also its high secured as bank security. so i suggest you not to suggest someone that putting money in btc is risky.

I dont agree with you because I believe that investing all savings in bitcoin is risky as one may loose up all his money to price fluctuations.

syahril

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Bountie- Do You Have Game?

thank for sharing

pneumatic5

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Quote from: Benson Samuel on January 18, 2014, 12:45:00 AM

https://medium.com/bitcoins-digital-currency/a9a8c094feaf

Nice one Easy to understand for anyone new

mynameisdon

sr. member

Activity: 322

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i am don(ripper's big daddy).i clean scammers.

Quote from: btvGainer on May 07, 2016, 04:49:37 PM

Quote from: mynameisdon on May 06, 2016, 09:56:14 AM

Quote from: luckyindia on August 28, 2014, 11:58:15 PM

If I put my hard earned Savings into BTC what is the guarantee that it will not b stolen Huh

well what is your income (5k,10k,20k,30k,80k)$ monthly???
i see on blockchain.info transaction of bitcoin of 2,50,400,500btc continuously and you ask what if store your money in btc.
bitcoin is secured with high security like bank.you should trust btc network as well as money in your bank.

Do not invest more than what you could afford to lose.This is the golden rule of any investment.Although btc has a good future, but investing all your savings in bitcoin at once is not what I would recommend.Instead go for small purchases every month

why are you recommending someone not to invest all saving in btc.and its not investment company to loose so we don't need any effort to loose.everyone knows btc rate will always go up.and also its high secured as bank security. so i suggest you not to suggest someone that putting money in btc is risky.

btvGainer

legendary

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Quote from: mynameisdon on May 06, 2016, 09:56:14 AM

Quote from: luckyindia on August 28, 2014, 11:58:15 PM

If I put my hard earned Savings into BTC what is the guarantee that it will not b stolen Huh

well what is your income (5k,10k,20k,30k,80k)$ monthly???
i see on blockchain.info transaction of bitcoin of 2,50,400,500btc continuously and you ask what if store your money in btc.
bitcoin is secured with high security like bank.you should trust btc network as well as money in your bank.

Do not invest more than what you could afford to lose.This is the golden rule of any investment.Although btc has a good future, but investing all your savings in bitcoin at once is not what I would recommend.Instead go for small purchases every month

mynameisdon

sr. member

Activity: 322

Merit: 250

i am don(ripper's big daddy).i clean scammers.

Quote from: luckyindia on August 28, 2014, 11:58:15 PM

If I put my hard earned Savings into BTC what is the guarantee that it will not b stolen Huh

well what is your income (5k,10k,20k,30k,80k)$ monthly???
i see on blockchain.info transaction of bitcoin of 2,50,400,500btc continuously and you ask what if store your money in btc.
bitcoin is secured with high security like bank.you should trust btc network as well as money in your bank.

Abhi9559

newbie

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itz very easy to understand...
thnx for sharing....

learncoin

newbie

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Nice article, and a bit outdated, for ex the robot doesn't put 50 coins in the piggy bank anymore...

btvGainer

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Quote from: Benson Samuel on January 18, 2014, 12:45:00 AM

https://medium.com/bitcoins-digital-currency/a9a8c094feaf

Indeed very good guide to understand bitcoin.I have found this short video about bitcoin on YouTube http://www.youtube.com/watch?v=ultLPNj-a8Y
And here is a mp4 version of this video for mobile users http://lmp4.com/video/view/41833177

xjukebox

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Experienced Virtual Assistant for Hire

Nice articles

buddycool

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aReally simple and easy to understand. ..
Whar are the lotteries you were talking about in the post?

mjp80

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It is very help full and simple information to understand.

Benson Samuel

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Landscaping Bitcoin for India!

Quote from: ?? on ??

your explanation is best .
but i want explain all the indian that bitcoin is also like paytm which has different name and widely use than paym .
it is also more secured like paytm or even more .

You can also add, that there is no single/ central point of failure.

btvGainer

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Quote from: Benson Samuel on January 18, 2014, 12:45:00 AM

https://medium.com/bitcoins-digital-currency/a9a8c094feaf

It is indeed very simple and helpful

Wapinter

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thanks for sharing.Helped me a lot

alpesh102

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thanks for the post its improves my knowledge regarding bitcoin..

mahi4ever

newbie

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Got to know many details.

But want to know more about many things say mining, about altcoins.please provide some threads to easy understand that.

maheshmahi

newbie

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Earning from bitcoin is little bit tough u will understand slowly as a newbie
This guide really helps

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