Topic: What Is Bitcoin? (Read 5051 times)
Bitcoin is the new currency.
Bitcoin is digital money and can convert fiat money, real money
BTC is also a kind of money, but most countries don't agree with this kind of money, just like in China you can't buy things in dollars or other countries' currencies. But you can replace the dollar with the yuan to the supermarket to buy things, so that the supermarket is willing to sell you, replace the dollar with the yuan, which has a can change the rate is fluctuant Buying and selling the currency in the network is to buy low coming to high profits.
maybe we can use bitcoin for the online activity and only exchange bitcoin into fiat if we want to buy something or we don't have any money. for me, bitcoin is another money from online jobs that I can use to make more money and it's another investment that I can have with small money but it will give a big profit in the long term. but we cannot use bitcoin to things in the supermarket right now and it's only available in the country that accepting bitcoin as a new payment system gateway.
Bitcoin is a type of computerized money, made and held electronically. Nobody controls it. Bitcoins aren't printed, similar to dollars or euros – they're delivered by individuals, and progressively organizations, running PCs all around the globe, utilizing programming that tackles scientific issues
bitcoin is a number of the technical currency number of the released of the open source code. This virtual coin can be exchanged directly with the Internet device without having to go through an intermediary financial institution.
Bitcoin consists of two words: "bit" - the basic unit of information in binary form, and "coin" means "money" in English. Experts say the first bitcoin virtual currency formed in the system on January 3, 2009.
Bitcoin will begin trading on the MtGox trading platform in June 2010 and will be used to trade commodities and assets by 2013.
Bitcoin will develop in the future
Bitcoin consists of two words: "bit" - the basic unit of information in binary form, and "coin" means "money" in English. Experts say the first bitcoin virtual currency formed in the system on January 3, 2009.
Bitcoin will begin trading on the MtGox trading platform in June 2010 and will be used to trade commodities and assets by 2013.
Bitcoin will develop in the future
BTC is also a kind of money, but most countries don't agree with this kind of money, just like in China you can't buy things in dollars or other countries' currencies. But you can replace the dollar with the yuan to the supermarket to buy things, so that the supermarket is willing to sell you, replace the dollar with the yuan, which has a can change the rate is fluctuant Buying and selling the currency in the network is to buy low coming to high profits.
Bitcoin is a decentralised digital currency. Bitcoin was the first and most valuable cryptocurrency ever.
Yes, and Bitcoin has a fast transaction and not held by the government. We have a freedom to use it whatever we want. And it is our another source of income.Ofcourse yes, The Blockchain technology doesn’t require and obliged us to use Bitcoin. You have your own feewill and you are free to use Bitcoin. If you tried to work with it, Then that’s a nice thing. But if you didnt, Well it’s your choice. But, I’m always saying to you that Bitcoin is one of the good investments that will able you to gain a lot of profits. Because of its demand and decentralization.
For me, Bitcoin is a secured and decentralized digital currency which is not held by the government. It has a fast transaction that many people happy for that. And it is the most valuable coins in cryptocurrency.
Bitcoin is an essential revelation or first critical achievement of data innovation to make a decentralized and secure installment framework and something use for capacity, and reviewing data, including the qualities advanced portrayal. Dissimilar to the customary installment framework and conventional PC systems, bitcoin isn't oversee or controlled the activity by some other concentrated specialist or any organization. All I knew the bitcoin is acquainted with entire world as an open source venture.
Bitcoin is a decentralised digital currency. Bitcoin was the first and most valuable cryptocurrency ever.
Yes, and Bitcoin has a fast transaction and not held by the government. We have a freedom to use it whatever we want. And it is our another source of income.
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017.
Many words that describe bitcoin was already stated above, and I agree with that. In our presents day when it comes with bitcoin, there's a lot things to make when it comes financial. Bitcoin is a universal curenccy because it is decentralized and peer to peer, bitcoin is an asset or investment.
The first thing that comes to mind is crypto currency, digital money, electronic money. But if I am asked about it by a really interested person, I can talk about bitcoin for a long time.
If I was asked what bitcoin is, I would answer quite simply, it is a digital currency, which implies a complete decentralization.
I think bitcoin is a digital currency that gives a bright future for its users.
for example bitcoin can create financial freedom for the owner or managers, but need to have its process first.
for example bitcoin can create financial freedom for the owner or managers, but need to have its process first.
Here before me already said it all. I can only add that bitcoin is a chance for each of us and a chance for all of humanity to really change something in this world.
before proceeding to the explanation of mining and bitcoin-system, it is worthwhile to open up more fog and tell about the creator of bitcoin, about which practically nothing is known, which makes it much more attractive.
It takes some effort to protect your privacy with Bitcoin. All Bitcoin transactions are posted publicly and instantly on the network, which means that everyone can see the balance and transactions of any Bitcoin address.
Bitcoin is a digital currency in the form of P2P. Point-to-point transmission means a decentralized payment system.
, unlike most of the currency, the currency monetary authorities don't depend on the specific issue, it is according to the specific algorithm, through a lot of calculation, the currency economic use of the P2P network composed of many nodes in a distributed database to identify and record all transactions, and the use of cryptography security currency to ensure that each link of the design.
The total number of bitcoins with a strong scarcity will be permanently limited to 21 million. So now more and more people are investing in bitcoin.
, unlike most of the currency, the currency monetary authorities don't depend on the specific issue, it is according to the specific algorithm, through a lot of calculation, the currency economic use of the P2P network composed of many nodes in a distributed database to identify and record all transactions, and the use of cryptography security currency to ensure that each link of the design.
The total number of bitcoins with a strong scarcity will be permanently limited to 21 million. So now more and more people are investing in bitcoin.
I think bitcoin is the most online currency in the world. And I think bitcoin is a job for me because we earn money to bitcoin. And it early develop our life.
Jump to: