The bitcoin wiki is a great place to start.
https://en.bitcoin.it/wiki/FAQ
https://en.bitcoin.it/wiki/Introduction
Topic: New Guy - Introduce me to Bit Coins (Read 1648 times)
You can start from http://www.coindesk.com/information/what-is-bitcoin/
And then follow on the links below based on the questions that start poping up in ur mind
And then follow on the links below based on the questions that start poping up in ur mind
The main point I would convey is that you are saved from whatever shit your country regulators do with this currency since it is not in regulator's reach. Also, saved from stupid bank/paypal rules, costs etc.
https://bitcointalksearch.org/topic/new-to-bitcoin-start-here-7269 visit this thread. Use search option to know more.
When you buy shares of Reliance. You know, your investment is backed by physical assets. They've lands, factory, building, planes etc.
So, when you inject 1 crore in Reliance. You're injecting 1 Crore because you believe that invest will be worth more in few years.
On contrary, when you buy shares worth of 1 crore some R&D company working on genes, medicine or any other knowledge base. What you invest into actually? Well, they might have one small building with few equipment's not with much net worth. But, your actually investment will keep company going. You invest because you understand their research and its importance in future. Those company necessary do not many assets like Reliance. They have much more valuable things- human capital, research paper, PhD's and double PhD's working for company, pending patents, other on-coin research that might prove bring new medicine or breakthrough in market. If successful, that company will be worth million, billions or trillions.
Now, lets come to Bitcoin. Consider Bitcoin as share in evolving technology that will have various implications in future financial system. Bitcoin is share of open-source R&D company whose every detail is in public domain. Now, questions comes? What technology it provides?
To name few:
1. Remittance at low cost.
2. Evolution in Payment system.(decentralized payment network)
3. Fiction less money.
4. Memory etc.
So, question is why should one invest into Bitcoin rather than Reliance or some company doing R&D on genes or medicine?
1. Bitcoin is global company, other local company depending on their origination.
2. Bitcoin is still in early phase. Those company moving towards maturity.
3. Bitcoin shares are valid all over world. Reliance shares only in local stock exchange.
4. Bitcoin shares have high divisibility. Reliance does not have divisibility. For example, if you have share of Reliance( say $100) and wish to sell half of share and keep rest with you in time of need. This won't be possible. On other hand, if you have bitcoin(say $500) and wish to sell. You can do it anywhere. You can sell half(for $250), quarter($125) or even 1/100 part of it for $5 dollar.
Share of Bitcoin will be convertible to currency and goods.
Once side of polygon it was!
So, when you inject 1 crore in Reliance. You're injecting 1 Crore because you believe that invest will be worth more in few years.
On contrary, when you buy shares worth of 1 crore some R&D company working on genes, medicine or any other knowledge base. What you invest into actually? Well, they might have one small building with few equipment's not with much net worth. But, your actually investment will keep company going. You invest because you understand their research and its importance in future. Those company necessary do not many assets like Reliance. They have much more valuable things- human capital, research paper, PhD's and double PhD's working for company, pending patents, other on-coin research that might prove bring new medicine or breakthrough in market. If successful, that company will be worth million, billions or trillions.
Now, lets come to Bitcoin. Consider Bitcoin as share in evolving technology that will have various implications in future financial system. Bitcoin is share of open-source R&D company whose every detail is in public domain. Now, questions comes? What technology it provides?
To name few:
1. Remittance at low cost.
2. Evolution in Payment system.(decentralized payment network)
3. Fiction less money.
4. Memory etc.
So, question is why should one invest into Bitcoin rather than Reliance or some company doing R&D on genes or medicine?
1. Bitcoin is global company, other local company depending on their origination.
2. Bitcoin is still in early phase. Those company moving towards maturity.
3. Bitcoin shares are valid all over world. Reliance shares only in local stock exchange.
4. Bitcoin shares have high divisibility. Reliance does not have divisibility. For example, if you have share of Reliance( say $100) and wish to sell half of share and keep rest with you in time of need. This won't be possible. On other hand, if you have bitcoin(say $500) and wish to sell. You can do it anywhere. You can sell half(for $250), quarter($125) or even 1/100 part of it for $5 dollar.
Share of Bitcoin will be convertible to currency and goods.
Once side of polygon it was!
Sign up on reddits bitcoin sub forum and coindesk for slightly more advanced readings
If you are new, first you need a wallet.
I can give you a list of pages you can visit and have fun with bitcoins. but the best you can do its keep reading bitcointalk.org, here you will found all you need about Bitcoin.
I can give you a list of pages you can visit and have fun with bitcoins. but the best you can do its keep reading bitcointalk.org, here you will found all you need about Bitcoin.
I am introduced to Bitcoins Recently , but as i understand i am a bit late.
So Please tell me which posts or Sites should i read first ?
Please Give me a Head Start .BTCBTC
So Please tell me which posts or Sites should i read first ?
Please Give me a Head Start .BTCBTC
You can earn free bitcoins from sharing photos & Videos http://www.bitlanders.com/register?c=gr234234__318301__0__0
I am introduced to Bitcoins Recently , but as i understand i am a bit late.
So Please tell me which posts or Sites should i read first ?
Please Give me a Head Start .BTCBTC
So Please tell me which posts or Sites should i read first ?
Please Give me a Head Start .BTCBTC
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