The Bitcoin Techniques | Bitcointalksearch.org

TimeTeller

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Quote from: Vaskiy on December 28, 2021, 06:03:06 PM

It is the common man's mind. As there is something connected to money people have started giving consideration and making use of it as investment, trading asset and on different needs. If this hasn't got anything associated with money making then the existence of bitcoin might have got faded in few years time.

People need time, slowly they'll know about the reason behind the innovation. Maybe by then real potential of the technology and elimination of middle man will be understood and used.

You have a point on that. When it comes to potential source of money, people will be interested.
And as we have observed these years, the value of btc increased a lot of times.
So this volatility factor attracted a lot of investors even if some of them don't believe on this market.
They are after for the potential profits, and only some of them later on, educate themselves what is this market all about.
But we can say, that most are attracted first by the high profits that they thought they can easily get.

ajochems

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The bitcoin was created to smash the monopoly of dollar over other countries.It was created by Sathoshi.He is found to the Japanese.But we don’t know huge knowledge about the Developers,except his name.Actually it was seems to hidden one by the Japanese government.Even they may get benefits from this bitcoin.Only the real person Sathoshi and Japanese government know this fact.

DapanasFruit

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More than a currency, Bitcoin is using the blockchain technology and this is the more revolutionary thing because if applied things can get better, be more transparent, open and forward-looking. Now, of curse, there can be some people who may have an opinion that blockchain technology can be overrated and it is because this technology should be applied before we can really see its value...this is what China is doing right now though they spurned Bitcoin nonetheless. In the next decades, we can see the blockchain technology to be evolving and there can be many variations and wide applications...in fact I can sense that generally we are just in the beginning phase of this whole thing so what we are witnessing these days can just be the tip of the iceberg - now let's hope the ice will not melt due to climate change, so to speak.

Vaskiy

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It is the common man's mind. As there is something connected to money people have started giving consideration and making use of it as investment, trading asset and on different needs. If this hasn't got anything associated with money making then the existence of bitcoin might have got faded in few years time.

People need time, slowly they'll know about the reason behind the innovation. Maybe by then real potential of the technology and elimination of middle man will be understood and used.

dataispower

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Quote from: Richycryp on December 28, 2021, 03:27:38 PM

Now this is an open opinions I want everyone to put our ideas and opinions together on the technology behind Bitcoin, It will be a good development if we can understand the chemistry behind Bitcoin. it not just buying and selling or looking at the chat, There Is some things behind this, Who really knows?

Their is nothing behind Bitcoin chemistry according to you, investment in bitcoin is the same like buying and selling to gather gain, Bitcoin don't have another value to buy it, is a rotational currency that you will use and buy anything you want and also make money with it, the only technology behind Bitcoin is to trade and make your profit and hangout of it totally and face another time to reinvest to make another profit

passwordnow

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It's blockchain, not the company but the technology itself.
https://www.investopedia.com/terms/b/blockchain.asp
https://en.wikipedia.org/wiki/Blockchain

And it's the one that's being used by some companies already and we're all very optimistic about the development of it, not just particularly for bitcoin and cryptocurrencies but also for those companies that have used the tech.

coupable

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Quote from: Richycryp on December 28, 2021, 03:27:38 PM

Now this is an open opinions I want everyone to put our ideas and opinions together on the technology behind Bitcoin, It will be a good development if we can understand the chemistry behind Bitcoin. it not just buying and selling or looking at the chat, There Is some things behind this, Who really knows?

Almost everybody here knows. Cheesy

Let's make it easier to you. So whatever your knowledge level, i suggest you to take a look at the bitcoin Whitepaper : https://bitcoin.org/bitcoin.pdf
And for all the questions that may accross your mind, use this board to as about those concerns : Beginners & Help

Richycryp

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Now this is an open opinions I want everyone to put our ideas and opinions together on the technology behind Bitcoin, It will be a good development if we can understand the chemistry behind Bitcoin. it not just buying and selling or looking at the chat, There Is some things behind this, Who really knows?

Topic: The Bitcoin Techniques (Read 183 times)