Author

Topic: Bitcoin for Beginners (Read 542 times)

newbie
Activity: 17
Merit: 0
October 12, 2017, 11:56:39 AM
#11
If you're planning to invest $1000 and more, I would suggest buying a hardware wallet (Ledger or Trezor). It is very easy to use and convenient and will most definitely keep your funds safe.
newbie
Activity: 7
Merit: 0
October 12, 2017, 06:32:54 AM
#10
Hi wanted to know more about merits and demerits of trading in digital currency?
member
Activity: 322
Merit: 10
October 11, 2017, 10:02:56 PM
#9
i am new to bitcoin and looking fowrd to go further. Bitcoin is very interesting hard pays

Me too Im a newbie and I am working hard to learn a lot regarding bitcoin.this site will really help a lot.you can learn a lot regarding bitcoin in this site and also if you work hard as well you can also earn for your future.
jr. member
Activity: 38
Merit: 3
October 11, 2017, 09:52:28 PM
#8
i am new to bitcoin and looking fowrd to go further. Bitcoin is very interesting hard pays
member
Activity: 336
Merit: 10
Your own digital self
October 11, 2017, 09:34:51 PM
#7
hi...nice to meet you. Iam new beginner, hope can learn from here
newbie
Activity: 1
Merit: 0
October 11, 2017, 09:29:08 PM
#6

It will be helpful. Thank you. Smiley
member
Activity: 322
Merit: 10
October 11, 2017, 08:40:49 PM
#5
for newbie best way to learn is experience and best  site to learn bitcoin is this site


For beginners you must need to search what bitcoin is.you need to know how much is 1 bitcoin so you will be aware and you need this site to learn more about bitcoin and also here you can earn bitcoins as well.
jr. member
Activity: 51
Merit: 10
October 11, 2017, 12:24:14 PM
#4
for newbie best way to learn is experience and best  site to learn bitcoin is this site
sr. member
Activity: 958
Merit: 256
Betking.io - Best Bitcoin Casino
October 10, 2017, 08:16:30 AM
#3
Leadership in the world that data is managed, digital methods of payment have become commonplace.

Credit cards, debit cards, PayPal and other payment systems provide us with an unprecedented variety of choices when paying for goods and services on the Internet. Alas, most digital payment methods have a common drawback: they leave traces over which governments and banks can easily find you. Even if you pay for something via PayPal, any payment can easily be traced back to the person who made it. But what if you do not want to feel with every purchase how Big Brother looks through your shoulder? Or here's a terrible example: what if you want to go online via VPN, but are afraid, because your government may well punish you by fine or imprisonment? If you are serious about anonymity and protection of personal data, you still have good news: you can pay bitcoins (Bitcoin). Let's look at the process of working with them step by step. To buy bitcoins you will need:

Computer, tablet or smartphone. Internet connection and electronic wallet Bitcoin

It is worth remembering that now the use of bitcoins is not allowed anywhere in the world. Some countries explicitly prohibit them, while others take a dual position in relation to the crypto currency. Before buying bitcoins, make sure that you do not violate the laws of your country.

Step 1: Understand what bitcoins are and how they work

There are several things that need to be understood before buying bitcoins. First of all, you should realize that they are a kind of crypto currency and do not depend on any central bank.

Bitcoins exist regardless of traditional currencies, such as the British pound, the US dollar or the euro. They first appeared in 2008 - less than 10 years ago - and until now very little is known about where they came from and who invented them. But what is a crypto currency, and who "coins" digital coins?

In this respect, bitcoins resemble gold and other precious metals, which once were provided with paper money: bitcoins are mined. Only instead of waving a pick, the person extracting bitcoins, forces the processor of his computer to solve incredibly complex mathematical problems. In exchange for spent CPU time, he gets bitcoins. This process is called mining. The process of bitcoin exchange passes through the P2P system, that is, directly between users; you do not need intermediaries. However, payments and mutual settlements are fixed in a special register, which exists in distributed form among numerous nodes. To date, bitcoins are the main anonymous tool for digital payments in terms of the number of users and the total cost of currency.

Step 2: Get the address

Now that you already know a little bit about bitcoins, it's time to get an address. In fact, this is an analogue of the bank account number. Each user in the system has its own unique address, which consists of a very long and complex sequence of characters and numbers. However, the user is not bound to a single address. It can get many addresses and store them in a digital bitcoin-purse. Sites that will allow you to create such a purse, countless. Keep in mind that losing a password on any of these sites means once and for all to lose access to your money. Use the password database or other secure means of recording sensitive information when registering your wallet. In the process of registration, you will receive a URL that will lead to your wallet.

The network goes a lot of horror stories about people who have lost access to their wallets or accidentally threw a hard drive. Sometimes lost bitcoins today would cost millions of dollars.

Step 3: Buy Bitcoins So, you registered a purse and got the address. Now you need to visit the site where you can buy bitcoins. As in the previous case, you have an almost endless choice. By the way, if you do not want to register an address and a purse on a third-party resource, note that most sites selling bitcoins offer tools for working with a purse.



Thank you for the information. True, many of them have long known, but it will never hurt to refresh some messages. This is a very good material for beginners!
newbie
Activity: 56
Merit: 0
October 10, 2017, 06:23:07 AM
#2
To buy Bitcoins or other Cryptocurrencies with money you have several options. Here is a list
with a few providers:

https://anycoindirect.eu/en
https://bitonic.nl/en/
https://www.litebit.eu/en/buy/bitcoin
https://www.coinmama.com/

https://imgur.com/a/ubgYl
member
Activity: 62
Merit: 10
Radical prolongation of life through cryonics
October 09, 2017, 10:58:37 PM
#1
Leadership in the world that data is managed, digital methods of payment have become commonplace.

Credit cards, debit cards, PayPal and other payment systems provide us with an unprecedented variety of choices when paying for goods and services on the Internet. Alas, most digital payment methods have a common drawback: they leave traces over which governments and banks can easily find you. Even if you pay for something via PayPal, any payment can easily be traced back to the person who made it. But what if you do not want to feel with every purchase how Big Brother looks through your shoulder? Or here's a terrible example: what if you want to go online via VPN, but are afraid, because your government may well punish you by fine or imprisonment? If you are serious about anonymity and protection of personal data, you still have good news: you can pay bitcoins (Bitcoin). Let's look at the process of working with them step by step. To buy bitcoins you will need:

Computer, tablet or smartphone. Internet connection and electronic wallet Bitcoin

It is worth remembering that now the use of bitcoins is not allowed anywhere in the world. Some countries explicitly prohibit them, while others take a dual position in relation to the crypto currency. Before buying bitcoins, make sure that you do not violate the laws of your country.

Step 1: Understand what bitcoins are and how they work

There are several things that need to be understood before buying bitcoins. First of all, you should realize that they are a kind of crypto currency and do not depend on any central bank.

Bitcoins exist regardless of traditional currencies, such as the British pound, the US dollar or the euro. They first appeared in 2008 - less than 10 years ago - and until now very little is known about where they came from and who invented them. But what is a crypto currency, and who "coins" digital coins?

In this respect, bitcoins resemble gold and other precious metals, which once were provided with paper money: bitcoins are mined. Only instead of waving a pick, the person extracting bitcoins, forces the processor of his computer to solve incredibly complex mathematical problems. In exchange for spent CPU time, he gets bitcoins. This process is called mining. The process of bitcoin exchange passes through the P2P system, that is, directly between users; you do not need intermediaries. However, payments and mutual settlements are fixed in a special register, which exists in distributed form among numerous nodes. To date, bitcoins are the main anonymous tool for digital payments in terms of the number of users and the total cost of currency.

Step 2: Get the address

Now that you already know a little bit about bitcoins, it's time to get an address. In fact, this is an analogue of the bank account number. Each user in the system has its own unique address, which consists of a very long and complex sequence of characters and numbers. However, the user is not bound to a single address. It can get many addresses and store them in a digital bitcoin-purse. Sites that will allow you to create such a purse, countless. Keep in mind that losing a password on any of these sites means once and for all to lose access to your money. Use the password database or other secure means of recording sensitive information when registering your wallet. In the process of registration, you will receive a URL that will lead to your wallet.

The network goes a lot of horror stories about people who have lost access to their wallets or accidentally threw a hard drive. Sometimes lost bitcoins today would cost millions of dollars.

Step 3: Buy Bitcoins So, you registered a purse and got the address. Now you need to visit the site where you can buy bitcoins. As in the previous case, you have an almost endless choice. By the way, if you do not want to register an address and a purse on a third-party resource, note that most sites selling bitcoins offer tools for working with a purse.
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