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Topic: What is the basis of bitcoin? (Read 787 times)

newbie
Activity: 154
Merit: 0
May 26, 2018, 12:14:12 AM
what is the basis of bitcoin?

Hi guys can you tell me what the bitcoin basics really mean as it rises or decreases?
if so what?
As a novice here at bitcoin I still confused why this system is?


For those who share an opinion are most appreciative.
investing with bitcoin is advantageous if we can make use of it and be practically transparent but we also need to know also the shortcomings of bitcoin investment in price and its value is not certain the value and the exact price

Bitcoin has it's own originality basis upon the users consumers and investors who's until now still managed well we don't feel afraid of down prices is volatile it may goes up.
member
Activity: 158
Merit: 10
May 26, 2018, 12:04:48 AM
Bitcoin is the first example of cryptocurrency, which is produced by people and businesses around the world using computer software, individual bitcoin is a paper currency system using doller currency. Bitcoin is a method of payment or value transfer that is independent of government authorities such as a central bank that has traditionally controlled the money supply and currency availability in the global market.
newbie
Activity: 238
Merit: 0
May 25, 2018, 01:17:07 PM
Bitcoin is the world's first cryptocurrency and it earns the money in modern way. Bitcoin is a lot of money basis. So many people benefit from investing.
newbie
Activity: 102
Merit: 0
May 21, 2018, 06:52:51 AM
bitcoin is the subject of world wide interest and the rise and fall in the strategy i think.
newbie
Activity: 30
Merit: 0
May 21, 2018, 04:27:53 AM
Bitcoin is a virtual or digital currency that has been developed around 2009,Bitcoin as well as the Rupiah and Dollar, only bitcoin is available in the digital world. In short it may sound like eGold, but bitcoin is still a bitcoin that is actually much different from eGold.
member
Activity: 350
Merit: 10
May 21, 2018, 03:41:31 AM
The basis of bitcoin is  decentralized trust because bitcoin is first cryptocurrency and worldwide payment system and it is very famous to many and easy to use and bitcoin is a future money that can help to daily needs.
full member
Activity: 294
Merit: 100
May 14, 2018, 04:30:14 PM
Growth and price drop? in my opinion everything is clear, the crypto-currency market works by the same rules as all the others. The only difference is that market capitalization is still too small, so large players can change the price as they need!
full member
Activity: 378
Merit: 100
May 14, 2018, 02:36:27 PM
what is the basis of bitcoin?

Hi guys can you tell me what the bitcoin basics really mean as it rises or decreases?
if so what?
As a novice here at bitcoin I still confused why this system is?


For those who share an opinion are most appreciative.
The basis of bitcoin is primarily his performance, after all, a good indicator was in the beginning of his wrstlemania, was shown a good rise, PA is now he just gets up on his rightful place in the market.
sr. member
Activity: 714
Merit: 254
May 14, 2018, 02:10:39 PM
Bitcoin is a new Innovation of the world in the form of digital currency.
Can be used as domestic and foreign payment transactions.
Can also receive and send money in small or large quantities with a very fast time without involving other parties.

If you want to know when the price of Bitcoin rises and falls, consider the response of the Bitcoin Cryptocurrency market.
Or read on, find out about Bitcoin in the Forums. So you can have a better understanding of Bitcoin

In simple words, Bitcoin is a digital currency which cannot be touched like FIAT currency, It is a virtual currency.
Indeed! That is why most of the people does not want it because they are afraid that anytime it can have no value or it can be hacked by someone, since you cannot physically touch it unlike cash.
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
May 14, 2018, 02:00:14 PM
Bitcoin in the first place is a very convenient way of payment, as it is easy to use and it is very famous because it was learned as the first coin cryptocurrency and cryptocurrency market, I think it is now and holds bitcoin.
hero member
Activity: 2464
Merit: 877
May 14, 2018, 01:55:46 PM
Bitcoin is a new Innovation of the world in the form of digital currency.
Can be used as domestic and foreign payment transactions.
Can also receive and send money in small or large quantities with a very fast time without involving other parties.

If you want to know when the price of Bitcoin rises and falls, consider the response of the Bitcoin Cryptocurrency market.
Or read on, find out about Bitcoin in the Forums. So you can have a better understanding of Bitcoin

In simple words, Bitcoin is a digital currency which cannot be touched like FIAT currency, It is a virtual currency.
newbie
Activity: 27
Merit: 0
May 14, 2018, 01:51:19 PM
I am new user but I think bitcoin decentralized trust.Bitcoin is the new improve marketing.it is first cryptocurrency and worldwide payment system.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
May 14, 2018, 01:17:40 PM
The basis of Bitcoin is decentralized trust. If you get your head around that, you will have no problems with anything else. All the other arguments - block size, transaction cost, confirmation time, etc are parameters which are incidental. Decentralized trust was the real breakthrough.
member
Activity: 350
Merit: 14
May 14, 2018, 01:02:23 PM
what is the basis of bitcoin?

Hi guys can you tell me what the bitcoin basics really mean as it rises or decreases?
if so what?
As a novice here at bitcoin I still confused why this system is?


For those who share an opinion are most appreciative.
Bitcoin is the new improve marketing. A digitalized currencies. It can be use as a payment transactions etc. Do a research or go to forum to find out more about btc rises or decreases. Better to do a research first about the history and how bitcoin works before you invest. So that, you can help your self.
newbie
Activity: 47
Merit: 0
May 14, 2018, 11:32:29 AM
Bitcoin is a new Innovation of the world in the form of digital currency.
Can be used as domestic and foreign payment transactions.
Can also receive and send money in small or large quantities with a very fast time without involving other parties.

If you want to know when the price of Bitcoin rises and falls, consider the response of the Bitcoin Cryptocurrency market.
Or read on, find out about Bitcoin in the Forums. So you can have a better understanding of Bitcoin
sr. member
Activity: 672
Merit: 271
May 14, 2018, 11:11:19 AM
Bitcoin is a first cryptocurrency and worldwide payment system. It is based on the concept of decentralization, implying that it works without any central authority or an administrator. It works with a help of a technology known as blockchain. Blockchain is a decentralized public ledger that records the transactions. Bitcoin has many advantages like anonymity, fast speed, international payments, etc. The basis of its movement is merely change in demand and supply as it moves with free control of the market. 
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
May 14, 2018, 08:45:44 AM
There are many basics of bitcoin for which it is being used like a craze and the major one are like, using the bitcoin because the transactions are fast and instantaneous and also the time taken for confirmation of the block or a transactions takes only a few minutes. Second major point is that there is no charges for transferring any big amount either by the banks or any other third party and there is also no need to pay tax unless you show it in your taxation or in your bank account.
newbie
Activity: 112
Merit: 0
May 14, 2018, 08:18:28 AM
bitcoin is a cryptocurrency and a worldwide payment system. it is a decentralised digital currency which makes regulation impossible as it gives you absolute control. it is a system without a central bank or single administrator. the peer to peer network and transaction is one that can be done directly between users without an intermediary. the transaction will just be verified by network nodes through the use of cryptography and recorded in a ledger called the blockchain
member
Activity: 72
Merit: 10
May 14, 2018, 08:08:07 AM
Bitcoin a global phenomena which is a a digital currency is a system used to send and recieve money via the internet to any any destination of the world that has access to the internet. it does not require a third party.

Bitcoin in the future will occupy the highest position in all digital coins, with a huge platform and rich diversity bitcoin to become a co-investor of many investors, bitcoin is the place to send and receive money. fast and convenient to satisfy many investors,
newbie
Activity: 76
Merit: 0
May 14, 2018, 08:06:50 AM

it is better to watch the training videos in YouTube, a good version of the profile of iTuber, well, or someone else. There you will learn everything you need to know!
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