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Topic: What I need to know about bitcoin? (Read 263 times)

newbie
Activity: 53
Merit: 0
January 17, 2018, 08:45:18 AM
#24
Bitcoin is a protocol first and the money part just happens to be the first app written over it. Bitcoin is created as an alternative to regular money and is thus a medium of payment transaction and store of value. The primary purpose of Bitcoin is to establish itself as a payment alternative.
newbie
Activity: 6
Merit: 0
January 17, 2018, 04:06:55 AM
#23
There are a lot of things you have to learn about Bitcoin but you can know brieftly about it via this link: https://99bitcoins.com/know-common-questions/
full member
Activity: 126
Merit: 100
January 17, 2018, 12:00:41 AM
#22
May I recommend to check bitcoinwiki.org for that. You can find all the answers there
newbie
Activity: 85
Merit: 0
January 16, 2018, 06:32:42 PM
#21
You could also learn about different altcoins that could give you better investment returns than Bitcoin. This'll give you an opportunity to diversify and reduce the risk of holding only Bitcoin, and at the same time learn what makes Bitcoin different and unique compared to other similar technologies.
newbie
Activity: 126
Merit: 0
January 15, 2018, 06:29:37 PM
#20
At 1st you visit bitcoin official website to learn more about their terms and condition. Then you read some blog post and view some youtube video. Follow the market analysis report and bitcoin current rate. I think you learn fast about BTC.  Smiley Smiley
member
Activity: 221
Merit: 13
January 15, 2018, 05:26:33 PM
#19
Just take it step by step. You'll find out what you need to know in due time. It depends on your journey. For example if you plan to do a transaction from point A say your wallet to point B an exchange, you can read up on that.

Its best to combine learning with needing to know at that point some information.
member
Activity: 67
Merit: 10
January 15, 2018, 02:31:14 PM
#17
which I understand about bitcoin is a virtual money that can be used to transact selling and buying
jr. member
Activity: 52
Merit: 6
January 15, 2018, 02:10:09 AM
#16
I would recommend you to check https://en.bitcoinwiki.org/wiki/Main_Page for the basics. It's a very profund source about cryptos
newbie
Activity: 8
Merit: 0
January 14, 2018, 12:07:33 PM
#15
you need to learn deeply about bitcoin this forum is good for learn about btc  and and try to do something big  Wink
newbie
Activity: 28
Merit: 0
January 14, 2018, 08:17:00 AM
#14
You must understand the fundamenental of Bitcoin and Blockchain technology first, NOT trading, unless you are here to flip your capital, which is highly risked. I suggest you to learn some basic knowledge on YouTube, or you can afford, buy some reputable books. Do research online is a great way to start.

Since you already figure it out, start accepting it as a payment method for your business, buy some cryptocurrency that you think has potential. If you are really interested, help develop your favourite cryptocurrency, they should be open sourced and welcome helping hand from the public.

If you don't have money to buy but still want to get involved, you can join bounty campaign as suggested above to get your hands on cryptocurrency.

i went to this post to also seek the same question because im also new in crypto. thank you for the infrmation
newbie
Activity: 12
Merit: 2
January 14, 2018, 08:08:52 AM
#13
You need to create a wallet on some platform to get a Bitcoin address. There are different methods to do this, like Blockchain.info online software wallets or you can buy a hardware wallet.  Grin
newbie
Activity: 72
Merit: 0
January 14, 2018, 07:51:47 AM
#12
For me you should now try learning stuff on how to earn them and how the trading goes. Bitcoin or Altcoin are extremely volatile so its either you earn something or nothing
member
Activity: 182
Merit: 10
January 12, 2018, 02:26:24 AM
#11
For some time I`m interested in crypto currency and now I try to understand this structure. I`ve aready figured out whith blockchain, but I dont know what is next

it depend on where specifically in BTC you want to focus, you can try Trading, mining and things like this Campaign. those are different areas where you can grow your coins. try searching in Youtube for additional tips. just remember that there is no easy way of earning. you have to keep on striving to learn.
newbie
Activity: 40
Merit: 0
January 12, 2018, 01:09:22 AM
#10
try to follow rules of bitcoin.
learned about bounty campaings.
learn how the trade goes.
newbie
Activity: 15
Merit: 0
January 11, 2018, 11:43:22 PM
#9
Everything you need to know you can simply find at special sites like bitcoinwiki. There are also many youtube channels which can be really helpfull. Just be prepared to study a lot
newbie
Activity: 29
Merit: 0
January 11, 2018, 03:16:11 PM
#8
The rules and regulation of this forum.
The purpose of joining...
The ranking system....
Online wallets
Bounty campaign....
Trading.... System....
And many more.... Keep reading...
full member
Activity: 490
Merit: 102
January 11, 2018, 11:37:33 AM
#7
You must understand the fundamenental of Bitcoin and Blockchain technology first, NOT trading, unless you are here to flip your capital, which is highly risked. I suggest you to learn some basic knowledge on YouTube, or you can afford, buy some reputable books. Do research online is a great way to start.

Since you already figure it out, start accepting it as a payment method for your business, buy some cryptocurrency that you think has potential. If you are really interested, help develop your favourite cryptocurrency, they should be open sourced and welcome helping hand from the public.

If you don't have money to buy but still want to get involved, you can join bounty campaign as suggested above to get your hands on cryptocurrency.
newbie
Activity: 70
Merit: 0
January 11, 2018, 09:55:57 AM
#6
For some time I`m interested in crypto currency and now I try to understand this structure. I`ve aready figured out whith blockchain, but I dont know what is next

Here are some lectures on Bitcoin https://www.reddit.com/r/Bitcoin/comments/7il1sx/sixty_free_lectures_from_princeton_on_bitcoin_and/
You will learn a lot after you've watched them all.
Here are some guides https://blockgeeks.com/guides/

I think that would be enough for a start.
newbie
Activity: 112
Merit: 0
January 11, 2018, 09:49:00 AM
#5
Try to learn about bounty campaigns.....
This will be our next stage after learning the basic of basin..
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