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Topic: Everything you need to know about the Bitcoin - page 2. (Read 265 times)

sr. member
Activity: 1134
Merit: 342
unfortunately many people are afraid that one person owns Bitcoin formation and one day they will get all the money. and we can not tell these people. more precisely they do not want to understand.
newbie
Activity: 100
Merit: 0
What I know about bitcoin is that bitcoin has a decentralized system that everyone can see or see, and there's no cancellation after the bitcoin is sent, so we need to be more careful in trading in bitcoins or storing your bitcoin or paswod private key.
jr. member
Activity: 176
Merit: 1
Presale is live: BitPenta.com
It's true with all that you say, that no one will be responsible for losing your bitcoin if you mis-transfer or lose bitcoin with anything else.
hero member
Activity: 2324
Merit: 513
Catalog Websites
Add that everyone is treating bitcoin not only as cash but also an asset.
newbie
Activity: 42
Merit: 0
Bitcoin is a form of decentralized currency
Bitcoin isn’t owned by anyone. Think of it like email. Anyone can use it, but there isn’t a single company that is in charge of it.
Like everything, Bitcoin’s price is determined by the laws of supply and demand.
There are several ways to buy Bitcoin, but trusted exchanges are a great way to acquire Bitcoin.
 Like with every other form of currency, an exchange (like a bank) that stores your Bitcoin can be hacked and money stolen.
 
hero member
Activity: 1106
Merit: 638
Bitcoin...

The shortest summary of everything one needs to know about Bitcoin ever. Yet, it does quite a complete job.

The best advice - treat bitcoin like cash, don't entrust it with anyone!
newbie
Activity: 1
Merit: 0
you are right. too many things out there to be careful of
newbie
Activity: 23
Merit: 10
Bitcoin isn't claimed by anybody. Anybody can utilize it, yet there isn't an organization that is accountable for it. Bitcoin transactions are irreversible. This implies nobody, including banks, or governments can square you from sending or accepting bitcoins with any other individual, anyplace on the planet. With this flexibility comes the colossal obligation of not having any focal expert to whine to if something turns out badly. Much the same as physical cash, don't give outsiders a chance to hold your bitcoins for you, and don't send them to dishonest individuals online.
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