I am absolute noob with bitcoins where should I start? - page 3.

elllee

member

Activity: 252

Merit: 10

Just read trends about rules and regulation in this forum. Make some research about the topic that make you interesting.

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

i will recommend any bitcoin beginners books
just search online

Ninja Sword

member

Activity: 176

Merit: 10

in my opinion, the way to start is to accept the advice of the biggest, full members, hero, legendario, read this forum, and not be afraid , I'm following this

grandmasters2

newbie

Activity: 30

Merit: 0

Yes dyor before buying anything people tell you to buy.

carlos09

newbie

Activity: 14

Merit: 0

im a newbie too start reading and explore or watch youtube so that you know what you gonna do. im just like so keep exploring...😁

cryptodyn

newbie

Activity: 50

Merit: 0

This forum is a good start. Also have a look on youtube and use the right keywords, then you'll have thousands of hours of videos about Bitcoin, Litecoin, wallet, etc.

nier00

full member

Activity: 176

Merit: 100

Hi,
You can find here https://bitcointalksearch.org/topic/terminology-126798
Commonly used abbreviations, words, names and phrases on bitcointalk/crypto community.
Good luck!

SaikiranChotu

newbie

Activity: 24

Merit: 0

Yes you should start here itself.Go to some channels here and read what you dont know and read more and more.

NakkaShashi

newbie

Activity: 23

Merit: 0

Read news
1) follow bitcoin channels on youtube
2) follow BCT regularly

praveenkumarjb

newbie

Activity: 22

Merit: 0

Start reading topics here on BCT.You will gain some basic knowledge

unknownman

newbie

Activity: 1

Merit: 0

I'm newbie too. Just reading and trying some faucer first to know what it work.

Avity

member

Activity: 112

Merit: 10

Quote from: mk4 on November 05, 2017, 09:37:45 PM

You really just need to simply read. ALOT. Just like with any other skill, field, or subject you want to learn or get in to. Here's a great guide compilation that can get you started with the basics.

A Beginner's Guide to Blockchain Technology: https://www.coindesk.com/information/

Exactly, start reading, everything you see about bitcoin everywhere.

bitcoin.org is a good place to start with bitcoin questions. Altcoins can be found in the subsection Altcoins in this forum, but it is basically any cryptocurrency other than bitcoin. There are some great youtube videos and tedtalks about it as well.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

You really just need to simply read. ALOT. Just like with any other skill, field, or subject you want to learn or get in to. Here's a great guide compilation that can get you started with the basics.

A Beginner's Guide to Blockchain Technology: https://www.coindesk.com/information/

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

i will recommend any bitcoin beginners books
just search online

bbymi

member

Activity: 80

Merit: 10

Altcoin - alternative coin
Faucet - gives away free btc or other coins, initial purpose was to spread knowledge of btc
Wallet - your "bank account" for cryptocurrencies
Wallet address - your account number
Satoshi - 1) the creator of btc Satoshi Nakamoto, 2) cents of btc

Everything else is in youtube, search topic for beginners so you won't get the technical stuff

bbymi

member

Activity: 80

Merit: 10

Bitcoin is to internet as $ is to US but has no physical form.Forget about all the math stuff coz you won't be doing that, what matters is it's real currency, no backing, decentralized (no one can ever control it or manipulate it's value so it all depends on supply or what the miners create and the demand, which is quite high coz it's used worlwide), it's peer to peer (no third party needed to send money anywhere, banks are useless now) and is instant (or not really at the click of a finger, maybe a few minutes to an hour, compared to clearing etc in banks).

ritot

full member

Activity: 308

Merit: 100

if ul like watch go first youtube

biskut

newbie

Activity: 1

Merit: 0

I am absolute beginner with bitcoins. I just found out about this currency a few weeks ago from newspaper. I did some research on my own and what I have found so far is that it is a currency that is "mined" with computers (where does it come from, who issues it, is there any gold/petroleum backing it?). I am confused by this whole mining process, a lot of sites I visited say you need to solve complex mathematical problems to earn or mine bitcoin. What is this "complex" mathematical problem? Is it something like SETI@Home? Do some research labs/universities offer incentive in form of coins?
All the guides that I have found so far are either very technical or plain vanilla that leave out a lot of questions. Is there any guide that is not too technical yet explains the technical stuff in plain English?
Thanks.
-B

EDIT:

And if someone could explain the terms like altcoin, faucet, wallet, satoshi etc. that'd be really appreciated.

Thanks.

Topic: I am absolute noob with bitcoins where should I start? - page 3. (Read 1469 times)