bitcoin is community. the existence of bitcoin itself is recognized by community.
so there is no need to verify whether bitcoin is real or not.
bitcoin is real and decentralized, community of bitcoin is very important.
Topic: How can you verify if a bitcoin is real? - page 4. (Read 1122 times)
Bitcoin is the real currency every one knows and the bitcoin livers do a lot for bitcoin and crypto and it can be verified through many ways like the transaction through this currency can show the actual position of this currency. And bitcoin is real because i have tested it for many ways like the value of bitcoin and if you hold bitcoin you can get more high value.
I think you must be more wisely when you are plAnning to buy some bitcoin and one important thing is you must buy only to the trusted website or market for bitcoin. Try to search.
Hi All,
First post so please be gentle!. I'm trying to get familiar with crypto currency and understand 'how it works'. I've reached a block and I'm hoping someone can shed some light on a particular point.
I understand the process of using public and private keys, back from the time when Phil Zimmermann created PGP. PGP allowed a user to encrypt a file, eg: an email/file (technically, just a bunch of ones and zeros) so that when the other user decrypted the file, they would see the words/file again. Or, to phrase it another way, the encryption was just a 'wrapper' for the content - ie, the words in my email or the file I sent.
Now, if someone sent me a bitcoin, how would I know what I was looking at? With an encrypted email, once decrypted I would be able to see something (text/file) and realise that I had actually received something. But, if someone sent me a bitcoin, what would I be looking at when I decrypted with my private key? A file filled with ones and zeros? Or maybe a simple text file with words inside saying, "Hey, this is 1 bitcoin!"
Can someone shed some light on what it I actually receive when I purchase a bitcoin and how I can verify that what I have 'in my hands', is actually a bitcoin and not just a bunch of ones and zeros? I understand that the blockchain is supposed to verify what is what but, what if I wanted to pass my bitcoin directly to you without the blockchain. Again, how would I know, what I received - was a bitcoin?
Thank you for your time and patience with my lack of understanding!
Regards,
Staffs Lebowski..
First of all brother , illegalisation of bitcoin is not that easy , though bitcoin is a decentralised currency, it doesn’t mean that there is no one who regulates the things for bitcoin, there are bunch of governing people who regulates such a huge crypto currency and yes’s when you receive bitcoin you will receive an notification, telling you that your account is credited with this amount of bitcoin and then there will be confirmation message by the block chain also , so in all these cases fraud is very rare.
First post so please be gentle!. I'm trying to get familiar with crypto currency and understand 'how it works'. I've reached a block and I'm hoping someone can shed some light on a particular point.
I understand the process of using public and private keys, back from the time when Phil Zimmermann created PGP. PGP allowed a user to encrypt a file, eg: an email/file (technically, just a bunch of ones and zeros) so that when the other user decrypted the file, they would see the words/file again. Or, to phrase it another way, the encryption was just a 'wrapper' for the content - ie, the words in my email or the file I sent.
Now, if someone sent me a bitcoin, how would I know what I was looking at? With an encrypted email, once decrypted I would be able to see something (text/file) and realise that I had actually received something. But, if someone sent me a bitcoin, what would I be looking at when I decrypted with my private key? A file filled with ones and zeros? Or maybe a simple text file with words inside saying, "Hey, this is 1 bitcoin!"
Can someone shed some light on what it I actually receive when I purchase a bitcoin and how I can verify that what I have 'in my hands', is actually a bitcoin and not just a bunch of ones and zeros? I understand that the blockchain is supposed to verify what is what but, what if I wanted to pass my bitcoin directly to you without the blockchain. Again, how would I know, what I received - was a bitcoin?
Thank you for your time and patience with my lack of understanding!
Regards,
Staffs Lebowski..
First of all brother , illegalisation of bitcoin is not that easy , though bitcoin is a decentralised currency, it doesn’t mean that there is no one who regulates the things for bitcoin, there are bunch of governing people who regulates such a huge crypto currency and yes’s when you receive bitcoin you will receive an notification, telling you that your account is credited with this amount of bitcoin and then there will be confirmation message by the block chain also , so in all these cases fraud is very rare.
In my opinion, using the verified exchanges is the best possible way to check this out. When you go to sites that aren't well-known, don't sell bitcoins not to face scammers. I think it is better to be on the safe side
i dont't think there are fake bitcoin i mean if there are any i dnt know,but i know there are fake sites that seems real or legit but are not.bitcoin is always real once you get it in your wallet its real.you only fake sites that tells you to pay for something that is not real,it is not like fiat that people can duplicate it shows in your transaction history when you recieve or release bitcoin,.watch out for fake sites.
bitcoin actually real it's just bitcoin is a digital currency, meaning only a number of digits that are on some blocks that must be figured out, it is precisely that smells this digital which is very useful in the future because with digital not too require very expensive to make.
Actually you can verify your investment if its real by simply getting involved in legit or legal sites or companies,
because you have a high level of assurance which gives you a high guarantee that all investments are legit. So you must spend your money in legit sites.
because you have a high level of assurance which gives you a high guarantee that all investments are legit. So you must spend your money in legit sites.
Hi All,
First post so please be gentle!. I'm trying to get familiar with crypto currency and understand 'how it works'. I've reached a block and I'm hoping someone can shed some light on a particular point.
I understand the process of using public and private keys, back from the time when Phil Zimmermann created PGP. PGP allowed a user to encrypt a file, eg: an email/file (technically, just a bunch of ones and zeros) so that when the other user decrypted the file, they would see the words/file again. Or, to phrase it another way, the encryption was just a 'wrapper' for the content - ie, the words in my email or the file I sent.
Now, if someone sent me a bitcoin, how would I know what I was looking at? With an encrypted email, once decrypted I would be able to see something (text/file) and realise that I had actually received something. But, if someone sent me a bitcoin, what would I be looking at when I decrypted with my private key? A file filled with ones and zeros? Or maybe a simple text file with words inside saying, "Hey, this is 1 bitcoin!"
Can someone shed some light on what it I actually receive when I purchase a bitcoin and how I can verify that what I have 'in my hands', is actually a bitcoin and not just a bunch of ones and zeros? I understand that the blockchain is supposed to verify what is what but, what if I wanted to pass my bitcoin directly to you without the blockchain. Again, how would I know, what I received - was a bitcoin?
Thank you for your time and patience with my lack of understanding!
Regards,
Staffs Lebowski..
network will definitely reject it, and you can't create new Bitcoin without having 51% of Bitcoin mining hashing power. So if you receive Bitcoins in your Bitcoin wallet it is surely an authentic one, or if you are still not satisfied, you can copy the transaction ID of your transaction and paste it on block explorer, if you can see that your Bitcoin is recorded there or the transaction status is confirmed then it is real. First post so please be gentle!. I'm trying to get familiar with crypto currency and understand 'how it works'. I've reached a block and I'm hoping someone can shed some light on a particular point.
I understand the process of using public and private keys, back from the time when Phil Zimmermann created PGP. PGP allowed a user to encrypt a file, eg: an email/file (technically, just a bunch of ones and zeros) so that when the other user decrypted the file, they would see the words/file again. Or, to phrase it another way, the encryption was just a 'wrapper' for the content - ie, the words in my email or the file I sent.
Now, if someone sent me a bitcoin, how would I know what I was looking at? With an encrypted email, once decrypted I would be able to see something (text/file) and realise that I had actually received something. But, if someone sent me a bitcoin, what would I be looking at when I decrypted with my private key? A file filled with ones and zeros? Or maybe a simple text file with words inside saying, "Hey, this is 1 bitcoin!"
Can someone shed some light on what it I actually receive when I purchase a bitcoin and how I can verify that what I have 'in my hands', is actually a bitcoin and not just a bunch of ones and zeros? I understand that the blockchain is supposed to verify what is what but, what if I wanted to pass my bitcoin directly to you without the blockchain. Again, how would I know, what I received - was a bitcoin?
Thank you for your time and patience with my lack of understanding!
Regards,
Staffs Lebowski..
I will try to state it as simple as possible that people of ordinary intelligence can easily comprehend.
You cannot send a Bitcoin to anybody without the blockchain technology because Bitcoin's existence heavily depends on the blockchain technology. They are intertwined that you cannot separate one from the other- with the supreme exception that you would only want to have something to do with the blockchain technology. Like for example, governments, public and private companies are all after the blockchain technology only, leaving behind Bitcoin. So from here, you can say that the blockchain technology can be used even without Bitcoin. Although in the latter situation, I wonder how they will be able to carry this out.
You cannot send a Bitcoin to anybody without the blockchain technology because Bitcoin's existence heavily depends on the blockchain technology. They are intertwined that you cannot separate one from the other- with the supreme exception that you would only want to have something to do with the blockchain technology. Like for example, governments, public and private companies are all after the blockchain technology only, leaving behind Bitcoin. So from here, you can say that the blockchain technology can be used even without Bitcoin. Although in the latter situation, I wonder how they will be able to carry this out.
Airdrop here also if you are interested. Marìnecoìn is conducting a great airdrop currently. They are using proof of promotion to fairly distribute 20,000 *MTC* for each promotion completed. Time dilution technology is being used insure fair distribution. Machine to machine transactions add value to this coin for long term success. marìneco.ìn
Well, a strange question you could think of, dude) As far as I know, bitcoin can't be transmitted outside the blockchain
bitcoin is real, it is exist on blocks. It is a data that stored on a blockchain if im not wrong.
every year the block is added (mined) for a certain amount. Bitcoin exist because it is everywhere.
every year the block is added (mined) for a certain amount. Bitcoin exist because it is everywhere.
Some people like to feel their investment like cash. But it is not possible in case of things like stocks. However, now there are bitcoin ATMs being installed in some countries and you can easily en-cash your bitcoins suing those ATMs. Once you have used such an ATM, you will realize that bitcoins are real.
for me I can prove that bitcoin is true because I'm receiving a bitcoin from grace and I'm investing in trading for a great deal and gradually improving my lifestyle
If someone sent you bitcoin than just take the transaction id of that transaction and paste it on any online bitcoin block explorer websites and if you see your transaction coming up than that bitcoin is valid and for real and also check for the confirmation of that transaction before taking it as valid.
Bitcoin does not have any physical form so it's difficult to verify it by apperance. Basically, all you have to do is to use a proper wallet which is designed only for accepting Bitcoin. There are plenty of wallets available for all platforms. Android - Coinomi, Samourai. Windows - Bitcoin Core, Electrum and so on. If you will get incoming transaction then you will know that the bitcoins you are offered, were real. If someone sends you "fake" bitcoins then it won't even show up in your wallet because it stays up-to-date with only 1 network which is Bitcoin network.
bitcoin is real, it is exist on blocks. It is a data that stored on a blockchain if im not wrong.
every year the block is added (mined) for a certain amount. Bitcoin exist because it is everywhere.
every year the block is added (mined) for a certain amount. Bitcoin exist because it is everywhere.
Why many people don't believe in bitoon? Japan has using bitoon already as their money. Won't you still do not believe that bitoon is real?
the point is that you don't encrypt anything with public key cryptography in Bitcoin, it is used only for signing instead...you send bitcoins you sign a transaction which says which public key will be able to send these coins in the future...transaction is then validated by the entire network and miner's add it into a block. If miner's add an invalid transaction into a block, their block will be considered invalid by the rest of the network and other miners will ignore their block as it never happened....
yeah, pretty much it's all you need to get your bitcoins verified, as well as be sure to purchase/trade them at reliable sources.
Jump to: