Topic: Twenty amazing secrets about bitcoin (Read 839 times)

Just wanted to point that out, the typo   Also, I thought that bitcoin wallets COULD be hacked? o.O  Overall, it looks like a hard-written piece of work

These are not secrets actually but features.

Also there will be more coming.Add those too.

Apart from that, there are a lot more problems in the post. To name a few,

Seriously, you expect the price to keep on increasing 76 times every year?

Millions of altcoins? Definitely not.
And millions of people holding altcoins lol?

Recently?


I will stop here, but I believe my point is clear.

"Bitcoin is more important than the internet" doesn't make much sense. Bitcoin's freaking existence depends on the internet

"20 Amazing Facts about Bitcoin" would be a lot better thread title. Good information either way!

No offense these don't seem like secrets lol. It's more like 20 good things about bitcoin.

There was something I did know about Bitcoin in that wall nice
For example I did not know that the delay could be that long above my level on how the coding for that works and how to set the custom scripting still this is a neat collection of tidbits.
That and the ratio is now up to 6000 Times the top 500 super computers my goodness that is some sweet processing power.
Thanks for sharing.

1.interesting programming money



Bitcoin wallet is like individual credit card ,you can set and save your bitcoin .Some new wallet version can programme it .
You can set some functions like GPS on your mobile phone .If your children leave the city ,it can lead the wallet not to close .
You also can set “treasure hunting ”procedure .If you use in correct places and time ,the coin will release suddenly .
You can set a date to use bitcoin –the bitcoin must be used until their 18-year-old birthday or Christmas .

2.using bitcoin to buy physical goods first



Bitcoin price is not set by any committees or governments .
The citizen Laszo Hanyez from florida may be famous for buying the most expensive pizza .He also creates the history to buy physical goods by bitcoin first .
He bought 2 pizzas (about 30dollars )from Papa John’s Pizzas
By 10000trunk bitcoin on June ,2010.The price is about 5 million dollars today .
At that time ,one bitcoin is about 0.33 dollars .
3.Bitcoin creates billionaires .



Bitcoin price increased from 13dollars to 1000dollars in 2013.
According to the speed ,today, people who own 1 bitcoin will be a millionaire within 2 years .
4.Bitcoin is not alone .



Since bitcoin is popular ,people have created millions of other digital currency .Litecoin ,dotcoin ,dogcoin and others .　　
Millions of people buy replacing currency ,expecting bitcoin miracle will appear in other currency again .
5.The fastest mega computer in the world .



Recently ,the calculating ability to protect bitcoin network is 6000 times stronger than the group of mega computers from Fortune Global 500.


6.Bitcoin wallet is amazing .


Before buying bitcoin ,you can set your individual bitcoin wallet .Its ID amount is the same as atomicity .
So you can set endless wallets and they are free .New wallets can be used two or more passwords to protect .
7.Bitcoin on the mobile phone



Recently ,25-dollar mobile phones are developed .
It’s estimated that mobile phones on the world is more than humans .
Many poor countries use mobile phones rather than cable telephones .
Without electric supply ,they use solar energy to charge every day .
Most people from developing countries don’t go to banks ,but banks can send them bitcoin and mobile phones .
Sending digital currency has been proved to help villages move off poorness .It also expands their world .
8.Bitcoin trading places



Gathering Online EXchange”。
The first online bitcoin trading place is Mt.Gox .Its name is “Magic The Gathering Online Exchange ”.
Its trading amount is high .When bitcoin value is less than 1 dollars ,it has been founded .
However ,when prople found that bitcoin can make more money than cards ,the company is over burthen .
More than half trading places have closed .
In America ,large financial companies are building up their trading places ,which may be supervised and protected .
9.give up bitcoin but not bit .



Recently ,one bitcoin is divided into 8 decimals .
Bitcoin community chooses to divide bitcc into 6 decimals ,its unit is bit .
Bit is a part of bitcoin .You should spend 1 million bit in buying one bitcoin .
Today ,100 dollars can buy 0.2 bitcoin or 200,000bit .The amount is the same ,but which may let you feel much richer ?
10.your account is on a dot .
In the future ,bitcoin billionaires will save their bitcoin in a dot .
When you use internet ,you can input your account and password .
Your account will be saved on public account book .You can read it through internet .
11.Forget money laundering ,otherwise ,your behavior will be recorded



Any trade will be recorded by the public account book and will be shared .It can not be changed .
After bitcoin trade ,the record will be saved forever .You can open or close your wallet information and control its confidential degree freely .
Once bitcoin is transferred to some public wallet address ,the trade will be kept track secretly .
12.most trade is born in gambling .



The gambling website “atoshidice ”has gained about half trading amount of bitcoin .
Provably Fair is a website ,which can verify the times clients gamble by an independent probabilistic system ,Moreover ,it has been proved to be fair through mathematics .
13.Who trade with paper money ?



Flat leak shows in time that who is using legal currency to buy or sell bitcoin in the world .
14.bitcoin may be legal currency in some poor countries



Bitcoin total value is over the value of 100 kinds of legal currency from 160 countries .Some people inquire whether someday its legal currency will be replaced by bitcoin .
15.Bitcoin is more important than internet .



Large companies invest several hundred million dollars to small bitcoin companies in 2014.。
Experts and scientists often talk about whether bitcoin and internet can change the world ,and which is more important .
Marc Andreessen，
Marc Andreessen,one of the experts talking about bitcoin , has developed the first WEB browser Mosaic.He often recalls how his friend and he changes internet .
As reference ,most Americans use internet after 7 years .
16.Pay more attention to bitcoin network growth .



As time goes by ,bitcoin network builds up and grows up all over the world gradually .Its development is similar to the internet .
17.Stealing money may not happen in the future .



New digital wallet need at least two passwords ,or more .
It includes the marauding from government to public because many countries can gain people’s bank accounts easily .
Individuals can add more passwords .
18.prevent Stealing



Bitcoin payment is equivalent to cash ,so retailers don’t need bank accounts .
If they use bitcoin payment , hackers attack (Neiman marcus and Michael)will not happen .
Bitcoin payment is not payment promise ,it’s full payment .
19.No authorization



Many people don’t have bank accounts all over the world ,so they can not borrow money .
Bitcoin don’t need any bank accounts or trust guarantee .They can buy or sell anything on any market by bitcoin .They don’t need the authorization from the court .
You are your bank ,you don’t need any authorization .
20.As currency ,bitcoin starts just now .



Bitcoin network and chain have the functions ,including recording owners ,headline ,copyright ,trademark ,family and cars and so on .It’s notary .
All records are dispersed .Node information are shared and copied to computers by the whole bitcoin network .Individual work is to transfer fund from one account to another ,It need learning because the process can be automatic.


Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can  correct it.
Source http://www.yibite.com/article-3522-1.html