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Topic: how does it bitcoin work? (Read 4072 times)

sr. member
Activity: 280
Merit: 250
October 19, 2014, 05:47:31 AM
#66
bitcoin is used as a medium of exchange transactions cryptocurrency, bitcoin require a stable internet connection, a stable power source, the presence of back-up power when there is a blackout in the country lsitrik, bitcoin is currently used for buying and selling goods, and can also be exchanged with bitcoin fiat currency of any country ...  Roll Eyes
sr. member
Activity: 294
Merit: 250
October 19, 2014, 04:50:29 AM
#65
Most people buy bitcoin to use it for its purpose so actually smart people make bitcoin a money making machine by buying btc at least once a week and buy something with it then re sell that item because everything is cheaper with btc
member
Activity: 112
Merit: 10
☯YIN YANG KING☯
October 10, 2014, 01:51:30 AM
#64
Who doesnt want to make money by bitcoin?
newbie
Activity: 19
Merit: 0
October 08, 2014, 04:07:41 AM
#63
Hello,

thanks for all this information.
member
Activity: 109
Merit: 10
October 07, 2014, 08:54:04 PM
#62
I am surprised to see users are taking OP seriously when he only wants a money making machine...

Everyone wants it to be a money making machine.

I love your idea.. Smiley If it does, I wont be against it.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
September 29, 2014, 07:49:37 AM
#61
I am surprised to see users are taking OP seriously when he only wants a money making machine...

Everyone wants it to be a money making machine.

Bitcoin is money. Only difference is that, it is digital currency which we can't touch or feel though you can use it as a physical currency. Please understand that! If you really want to make bitcoin a 'MONEY MAKING MACHINE' then you shouldn't adopt this as it isn't what you think. Roll Eyes

  ~~MZ~~
hero member
Activity: 525
Merit: 500
September 29, 2014, 07:24:11 AM
#60
I am surprised to see users are taking OP seriously when he only wants a money making machine...

Everyone wants it to be a money making machine.

Well I guess by definition of the protocol it is literally a money making machine, but people shouldnt expect it to be a get rich quick scheme which is what a lot of people are unfortunately treating it as. Most people don't seem to care about bitcoin other than it being something that can expand their material wealth.
hero member
Activity: 561
Merit: 500
September 29, 2014, 07:17:29 AM
#59
Everyone wants it to be a money making machine.

Well then, I hope they can read this thread and understand the bitcoin project is not a money making machine.
newbie
Activity: 26
Merit: 0
September 29, 2014, 05:39:18 AM
#58
I am surprised to see users are taking OP seriously when he only wants a money making machine...

Everyone wants it to be a money making machine.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
September 24, 2014, 08:13:36 AM
#57
I am surprised to see users are taking OP seriously when he only wants a money making machine...

Who doesnt want money out of btc? Dont be a hypocrite.. This is practical talk.

Bitcoin is money

  ~~MZ~~
hero member
Activity: 614
Merit: 500
September 23, 2014, 05:56:27 AM
#56
I am surprised to see users are taking OP seriously when he only wants a money making machine...
hero member
Activity: 1106
Merit: 502
September 23, 2014, 02:26:39 AM
#55
What can  bitcoin do? How do you make itbecome a money making machine?

bitcoin is money, and you can easily look it up hard difficult: D
newbie
Activity: 31
Merit: 0
September 22, 2014, 06:25:21 PM
#54
I dont know if third world countries knew about this btc thing
newbie
Activity: 13
Merit: 0
September 22, 2014, 08:27:35 AM
#53
This is now my favorite post ever on bitcointalk Smiley

Why are you saying that this is your favorite?
member
Activity: 70
Merit: 10
September 20, 2014, 10:50:20 AM
#52
Bitcoin allows for non double spendable electronical currency, this solves everrrything.
hero member
Activity: 674
Merit: 500
September 20, 2014, 10:26:16 AM
#51
is like a money transfer am i right?

Quite different IMO.
For bitcoin transaction, there is no clearing house, no chargeback, and no way some persons/organizations/governments can stop the transaction. Smiley
sr. member
Activity: 277
Merit: 250
September 18, 2014, 10:54:27 PM
#50
This is now my favorite post ever on bitcointalk Smiley
legendary
Activity: 1736
Merit: 1001
September 18, 2014, 07:15:16 AM
#49
I love bitcoins but if i can once again buy an ounce of gold with 1 bitcoin i will have to trade a few. Smiley
newbie
Activity: 16
Merit: 0
September 18, 2014, 07:06:55 AM
#48
How does Gold make you am oney making machine?

Gold is a very marketable product. It is before and it is today. Aside from that, Gold is well adopted by each and every people in the world.

Yeah, but majority in this forum choose Bitcoin over Gold.
hero member
Activity: 770
Merit: 501
September 17, 2014, 03:20:44 PM
#47
here's a really good in-depth vid regarding OP's question.

"How Bitcoin Works Under the Hood"
http://www.youtube.com/watch?v=Lx9zgZCMqXE

you can find more explanatory vids and much more on documentary thread:
https://bitcointalksearch.org/topic/documentary-on-bitcoin-summary-thread-268955

edit: heh, just read title and not the actual question...

What can  bitcoin do? How do you make it become a money making machine?
lol...
ehm yea
perhaps make a startup
1. IPO
2. ??
3. Profit

 Grin

anyway, perhaps the vids can give you an answer...
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