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Topic: The beginning of bitcoin (Read 717 times)

newbie
Activity: 1
Merit: 0
August 03, 2018, 07:06:13 AM
#95
It is considered as a property similar to traditional coins (paper money, coins) in many countries.
Can not feel by touch like traditional coins. That is with Bitcoin you can not handle, see.
The Bitcoin network is not controlled by any state agency, it is completely free.
Bitcoin owner information is completely anonymous, specifically, you send Bitcoin to someone else's wallet but you can not tell who that person is, ie no government or bank knows the other side is Who.
Transaction fees are quite low and can transfer money from one country to another very quickly.
If you transfer money wrongly to someone else's wallet, it's not a refund mechanism like other remittance methods.
The process of transferring the BTC from one wallet to another wallet is done by computers all over the world, so hackers can not hack all of them at the same time to crash it. (This is related to the Bitcoin buffalo term, we will learn it in another article.)
The number of block chains is the place to record transaction information, it is very well preserved. Currently, if the user is not negligible to disclose login information, no one can hack this ledger.
newbie
Activity: 15
Merit: 0
August 02, 2018, 03:22:35 PM
#92
The beginning of every single cryptocurrency is kind of bumpy with lots of ups and downs. I have a lot of faith in my investment AML Bitcoin (abtc). which is gaining strength and pushing hard each day.
newbie
Activity: 49
Merit: 0
August 03, 2018, 09:43:02 AM
#88
the best way to understand bitcoin origins is to read its whitepaper. its just about 9 pages, very informative
newbie
Activity: 28
Merit: 1
August 03, 2018, 08:37:22 AM
#87
Bitcoin is not entirely new.
It is a new recipe that combines previously invented technologies.
Bitcoin was created in 2008 by Satoshi Nakamoto. People still don't who he or she is or if it was a single person or a team.
Bitcoin network is a group of computers, which all have a copy of the database, the blockchain. Their copies are continuously being updated.

If you are still not sure what it is, read this article: https://finrazor.com/news/back-to-basics-what-is-bitcoin.
newbie
Activity: 10
Merit: 0
August 03, 2018, 07:18:26 AM
#86
Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
You can do a research about this and that's better!
such as but they want to learn the words from this user on this website
newbie
Activity: 27
Merit: 0
August 03, 2018, 07:02:13 AM
#85
Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?

I learned that Bitcoin was created by the anonymous Shatoshi. No one knows where he is, what he does. To better understand you can search on multiple channels of information.
newbie
Activity: 27
Merit: 0
August 03, 2018, 05:22:24 AM
#84
The question is really too simple. I think you should find out and read the Bitcoin forums. Previously, I also took the time to learn about it and now I have a profitable investment in Bitcoin co. If you really care, you will find a lot of useful information about Bitcoin.
newbie
Activity: 224
Merit: 0
July 27, 2018, 05:09:04 AM
#83
Based on my own understanding and research, Satoshi Nakamoto was the person who invented the bitcoin. He has a good project, good community, good whitepaper and also a good roadmap which leads him to being a successful. He has a lot of knowledge about cryptocurrency. He studied everything as well and after the bitcoin became successful, other altcoin and tokens was born to copy the concept of satoshi. To become a successful also like Satoshi Nakamoto.
newbie
Activity: 12
Merit: 0
July 25, 2018, 12:12:49 AM
#82
a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin.
newbie
Activity: 77
Merit: 0
July 24, 2018, 11:48:43 PM
#81
History Bitcoin started when one of the Cryptocurrency (Crypto Crypto) was created by Satoshi Nakamoto in 2009 Bitcoin is electronic money.
jr. member
Activity: 58
Merit: 1
July 24, 2018, 04:05:12 PM
#80
Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?

One more fundamental question is Who Invented Bitcoin?

Is it Nick Szabo? OE was it Harold Finney? People are searching for them in google all day long...

Who is your leading candidate?

Here is a short article about the possibilities
https://101blockchains.com/who-is-satoshi-nakamoto-bitcoin/
jr. member
Activity: 966
Merit: 1
July 23, 2018, 11:41:32 PM
#79
Bitcoin is a digital  currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto.
You can Research more from yotube or google.i think can understand very easil.
Thank you   
member
Activity: 158
Merit: 15
July 23, 2018, 08:36:13 PM
#78
jr. member
Activity: 448
Merit: 1
July 12, 2018, 11:02:09 AM
#77
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. About 10 years ago the majority of the world he was getting butchered by the wealthy's financial interests, so a group of individuals set out to change the way we view currencies and the way the financial markets operate. They were looking for a way to create a digital currency.
newbie
Activity: 154
Merit: 0
July 12, 2018, 09:57:57 AM
#76
The start of this story was very slow and unpopular whereas when it comes to increasing in popularity bitcoin had become a household name this could be to the adoption of bitcoin by many of the giants on fight investment world bor by the winkles twins who made this a success nobody really knows,



full member
Activity: 387
Merit: 100
July 06, 2018, 07:35:35 AM
#75
Yesterday I read a thread here on the forum and the guy referred to a very interesting infographic. Which shows how the price of bitcoin fell and rose. How it was buried and revived. Read and emphasize important points.
https://prnt.sc/k3aoka
newbie
Activity: 24
Merit: 17
July 01, 2018, 06:06:48 PM
#74
A long time ago a person with the name Satoshi Nakamoto had a great idea...

Time-Line:

* 2007: Satoshi Nakamoto had the idea of bitcoin and started coding

* 18th August 2008: Satoshi registered the domain bitcoin.org at anonymousspeech
* 31. October 2008: Satoshi created the whitepaper about bitcoin and sneded it to a cryptographing mailing list

* 3rd January 2009: Satoshi mined the genesis block and starts the network. That was the beginning of bitcoin
* 9th January 2009: Satoshi published Bitcoin Core v0.1

*2010: Laszlo bought a pizza with bitcoins. This was the first physically purchase with bitcoins
*13th. December 2010: Satoshi left us

*April 2011: Satoshi said that he went on other things. After that statement nobody heard anything about satoshi again.
newbie
Activity: 140
Merit: 0
June 30, 2018, 09:05:42 PM
#73
Bitcoin was born in 2009 because of satoshi nakamoto, and hd also the fiest user of it . And until now Bitcoin are still very popular .
newbie
Activity: 238
Merit: 0
June 30, 2018, 02:32:23 PM
#72
The beginning of the bitcoin story was with Satoshi Nakamoto who has still kept identity as an anonymous person and started to integrate the financial world with the technology of blockchain in 2009, at that time bitcoins was worth only few cents but then as more coins were mined it increased to thousands of dollars.
newbie
Activity: 11
Merit: 0
June 30, 2018, 12:22:19 PM
#71
The first Bitcoin transaction was made when Satoshi Nakamoto sent 10 bits of code to the Hal Finney cryptanalyst on January 12, 2009, as soon as the Bitcoin software was first released.
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