Topic: Where does Bitcoin came from? - page 3. (Read 1305 times)
as i know that bitcoin created by satoshi nakamoto, they found "bitcoin" at the first time and develop that coin until know, so its make The smallest unit in bitcoin called satoshi, because it taken by the founder satoshi nakamoto
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
for the answers you need all in the bitcointalk forum to explain in detail many of the time I need to answer your question with bitcoin is the digital currency for more obviously read more reviews in bitcointalk 
When a miner cracks an algorithm to record a block of transactions to a public ledger called a blockchain. When the “block” is added to a “blockchain” new Bitcoins are created.
There are some really good videos documenting bitcoin and it's growth. Pretty much everyone on this thread have provided most the information on how it started and how it works.
Bitcoin uses a database that is distributed and spread to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin come from a technology that is known as blockchain. It is an online algorithm where mining happens. You can assume it as a mathematical problems with gradual increase in difficulty. Once you got an answer right, we call it blocks. Once a block is discovered, the algorithm moves to higher difficulty and it required even better power to solve the problem. The process is known as mining. Instead of human brain, the computing power is used for mining and to discover the blocks.
Now the difficulty of that algorithm is so high, it can't be solved by a normal computing power. You will need expensive rigs and a lot of mining power which make mining exclusive to a certain community. While only a minor percentage of people is mining, a whole lot more people is looking to earn in bitcoins which creates a robust demand where the supply is low compared to the demand. So people are willing to pay higher price for bitcoin which increases its price. So that is an overview of bitcoin as per my understanding and I hope it will help you understand the basics.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
I think this is coming from japan the one who first founder of bitcoin is a certain "Satoshi Nakamoto" if i'm not mistaken, then followed by the other founder which will continuously support and provide BITCOIN until now, and now Bitcoin is famous in America, Europe and Asia, but here in the Philippines is not so popular and i hope someday Bitcoin is a primary use for all Philipino's to become less poverty.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin was created by a person (or group of people) who did not want to reveal their identity, nicknamed Satoshi Nakamoto. So far, there have been many speculations about Satoshi, but the guesswork is still speculation, and we still do not know who Satoshi really is because all the people who are "suspected" refuse to be. myself. Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
According to my research Bitcoin was created by unknown person or group under the name Satoshi Nakamoto.
Bitcoin is created by so called "satoshi nakamoto" but no one knows if it is just a name of a single group or just a person.Even though there are many articles and inveatigationa to know the truth about satoshi us, there are still no concrete evedence to date. But it is not important who create bitcoin because it is designed to be viewed and reviewed by anyone without the influence of the creator, meaning it is independent. As time pass by many people such as mathemathecians, prigrammers and developers continue to improve criptography and arrives on what we are being benifited today.
Bitcoin came from an idea of a person called Satoshi Nakamoto where he is so sick and done of the fiat or the financial system since then so he do a lot of research and studies about creating a great concept of type of money and that is when bitcoin born. Bitcoin is created in 2008 and launched in 2009 and right now it is slowly revolutionizing the world because of its beautiful concept.
What exactly is the concept of bitcoin? can you explain it the the simplest way? Thanks.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin was created in 2009 by Satoshi Nakamoto. The early presence of Bitcoin is also characterized by the first 50 Bitcoins in the world produced through the system, later known as "Genesis Block". 
Bitcoin created in the beginning of 2009 by a person or a group of people called "Satoshi Nakamoto", No one know him/them. So the bitcoin core build, In this time many people think that bitcoin is just a scam project, and never interssed in it, but there is some people invest on it too much and believe that it will may succeed in the future, and by now, they are billionaires.
Bitcoin came from an idea of a person called Satoshi Nakamoto where he is so sick and done of the fiat or the financial system since then so he do a lot of research and studies about creating a great concept of type of money and that is when bitcoin born. Bitcoin is created in 2008 and launched in 2009 and right now it is slowly revolutionizing the world because of its beautiful concept.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin was created by Satoshi Nakamoto and there is no proof whether this name belongs to a person or a group of people. Many people claim that Satoshi Nakamoto has died. He is the father of bitcoin and also the blockchain technology. In the beginning, people tended to use bitcoin in the deepweb. HAckers, criminals use bitcoin to buy many things such as drug, human, illegal stuff on the darknet. Then, people figure out how important and amazing bitcoin is and they started buying bitcoin as an online investment. Bitcoin is newly created by the activity called mining. Only when you have gadgets can you mine bitcoin.
The story behind The Origin of Bitcoin is quite Intresting and mysterious the origin is said to be done by Some Satoshi Nakamoto But his Identity is Still remains a Mystery. He Introduce Bitcoin by publishing a letter and there is how the whole world of Bitcoin Starts From a Script.
this is good answer, with many miners, we stock bitcoin still available at market hold.
this is good answer, with many miners, we stock bitcoin still available at market hold.
There's a set limit of 21 million Bitcoin to be created. Currently, we are sitting at 16 million blocks. Originally, 50 Bitcoin as created every 10 minutes by miners who created "blocks". These blocks verified Bitcoin transactions. Four years later, the reward was reduced to 25 btc. Now, in 2017, the reward is 12.5 btc. It will continue to go down until we hit 21 million coins.
this is good answer, with many miners, we stock bitcoin still available at market hold.
What will happen if we reach 21M BTC? Will the value go down?
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
bitcoin came from one of the it specialist who called named bitcoin as anonymous 
this is good answer, with many miners, we stock bitcoin still available at market hold.
this is good answer, with many miners, we stock bitcoin still available at market hold.
There's a set limit of 21 million Bitcoin to be created. Currently, we are sitting at 16 million blocks. Originally, 50 Bitcoin as created every 10 minutes by miners who created "blocks". These blocks verified Bitcoin transactions. Four years later, the reward was reduced to 25 btc. Now, in 2017, the reward is 12.5 btc. It will continue to go down until we hit 21 million coins.
this is good answer, with many miners, we stock bitcoin still available at market hold.
As far i know bitcoin was created by a japanese who is satoshi.i dnt knw anything else.i should have learn about it.
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