Topic: Why do you love Bitcoin? - page 12. (Read 4531 times)
What I love in Bitcoin, there is big factor on my free time after work, I can earn extra money in here if I work hard on it. It will help also to our crisis days like the salary is not enough for the whole month expenses. So lucky to know Bitcoin. Hoping to invest more in here.
How Bitcoin appeared
At the end of October 2008. e-mail subscribers of the resource gmane.comp.encryption.general received a message from the sender named Satoshi Nakamoto. The message contained a description of the essence and properties of the created crypto currency called bitcoin. The subscribers were explained that the new virtual currency unit is reliably protected from fraudulent operations, does not depend on any organizations, and provides an opportunity for its anonymous use to its owners. All information about the new crypto currency was also posted on bitcoin.org.
However, the history of bitcoins history, or rather, to say, the prerequisites for its creation were known much earlier. Even 10 years before bitcoin appeared, the advantages of creating uncontrolled crypto currency were described in his novel by Neil Town Stevenson. And researcher Nick Szabo up to 2005 worked on creation of electronic money system Bitgold. He argued that the virtual currency will not be subject to inflation. In addition, it can not be faked and stolen.
First deals
2009 is considered the year when bitcoin appeared. In January of this year the bitcoin application was launched for the first time. The starting money block in this system was generated by Satoshi Nakamoto, the bitcoin creator. A few days later, the first operation of transferring the bitcoin crypto currency from the account of one user to another was made.
There is a natural question: how much did bitcoin cost when it appeared, and where did these monetary units come from? It turns out that bitcoins were generated by users on computers. The bitcoin course in the end of 2009 fluctuated in the range of 700-1600 units. for 1 dollar. He was published on the resource NewLibertyStandard. The scheme of its calculation was primitive before the outrage. Based on the average power of the computer processor, multiplied by the price of electricity in the US and divided by the number of bitcoin generated by the site's creator.
Interesting to know! The first serious transaction, accomplished with the help of bitcoin, was the purchase of pizza. In May 2010, one of the users of the forum said that he was ready to pay 10 thousand bitcoin for pizza. At that time, the real cost of the pizza was 25-30 dollars.
The year 2011 was marked by the appearance of the MtGox exchange, which became the first platform on which it was possible to exchange bitcoin for ordinary money.
What is secured by bitcoin?
In contrast to conventional money, bitcoin is not backed by absolutely no material values. Neither the banks nor the issuing fund are engaged in supporting the course of the crypto currency. How then can you trust this virtual monetary unit, if the owner does not have any financial guarantees?
The fact is that the one who came up with the crypto currency was not going to back it up with gold or shares. This payment system has completely different properties. The pricing in it is completely dependent on real demand and supply on bitcoin. In this it is difficult to believe the people who encountered different financial pyramids. But, the fact is that bitcoin is created in this way - its value will only increase with time. This is because the cost of creating each new coin exceeds the cost of the previous one.
Who invented bitcoin and why, if there is no system of protecting depositors, and the value of virtual coins is not protected by anything? The point is that bitcoin was designed as an independent decentralized system for anonymous transactions. This currency has no "shadow" owners. Its stability is not able to affect either government bodies or large corporations.
To convince users that bitcoin is a serious project, and not the next pyramid, the following facts can be:
bitcoin has the highest degree of protection from falsification (it is almost impossible to generate keys or to forge existing ones);
each transaction has a complex security system consisting of at least 6 confirmations;
bitcoin mining is impossible without expensive computer equipment;
the number of goods and services that can be bought is constantly growing, paying for them with bitcoins;
Change in the protocol of the system is possible only if there is agreement of 90% of the members of the community.
Interesting to know! Every minute in the world there are at least 100 transactions involving bitcoin. This is a convincing proof of the prospects of the crypto currency.
satoshi pokamoto without a face Who is he, a brilliant inventor named Satoshi Nakamoto?
To this day, the question remains: who invented bitcoin? The history of creating a new crypto currency bitcoin refers to Satoshi Nakamoto. Is he judging by the name of a Japanese? Or, nevertheless, this is the conditional name of a group of people engaged in the creation of bitcoin, and wished to remain anonymous?
Very interesting is the analysis of the name of the one who invented bitcoin. If you translate from the Japanese "Satoshi", then literally it will sound like: "wise", "resourceful" or "clear thinking". The beginning of the name "Naka" in Russian means: "relationship" or "inner environment". The second part of Moto is translated as "foundation" or "origin". Is not it a very suitable name for the creator of a cardinally new, cunning financial algorithm?
To reveal the secret, who really is this great inventor, hiding under the name of Satoshi Nakamoto, so nobody has succeeded. The only thing known reliably about who created bitcoin, is that this person has a very unusual thinking. This confirms Jeff Garzik - one of the main developers of the system. He argues that the principle of writing the code of the ingenious inventor of crypto currency does not fit into the level of intelligence of a typical software engineer.
Specialists say that Satoshi Nakamoto is a very wealthy person. After all, at the end of 2013, he owned the amount of bitcoin, which, in terms of dollars, amounts to 1 billion.
Now this person has left the affairs connected with system bitcoin. He said this in 2011. But, he is sure that his brainchild, bitcoin, is in the reliable hands of a team of professionals led by Gavin.
The history of bitcoin is unusual. It is shrouded in a haze of mystery, which hangs around the name of the main creator. But, the fact remains: the ingenious invention works, and the new crypto currency becomes more popular every day.
At the end of October 2008. e-mail subscribers of the resource gmane.comp.encryption.general received a message from the sender named Satoshi Nakamoto. The message contained a description of the essence and properties of the created crypto currency called bitcoin. The subscribers were explained that the new virtual currency unit is reliably protected from fraudulent operations, does not depend on any organizations, and provides an opportunity for its anonymous use to its owners. All information about the new crypto currency was also posted on bitcoin.org.
However, the history of bitcoins history, or rather, to say, the prerequisites for its creation were known much earlier. Even 10 years before bitcoin appeared, the advantages of creating uncontrolled crypto currency were described in his novel by Neil Town Stevenson. And researcher Nick Szabo up to 2005 worked on creation of electronic money system Bitgold. He argued that the virtual currency will not be subject to inflation. In addition, it can not be faked and stolen.
First deals
2009 is considered the year when bitcoin appeared. In January of this year the bitcoin application was launched for the first time. The starting money block in this system was generated by Satoshi Nakamoto, the bitcoin creator. A few days later, the first operation of transferring the bitcoin crypto currency from the account of one user to another was made.
There is a natural question: how much did bitcoin cost when it appeared, and where did these monetary units come from? It turns out that bitcoins were generated by users on computers. The bitcoin course in the end of 2009 fluctuated in the range of 700-1600 units. for 1 dollar. He was published on the resource NewLibertyStandard. The scheme of its calculation was primitive before the outrage. Based on the average power of the computer processor, multiplied by the price of electricity in the US and divided by the number of bitcoin generated by the site's creator.
Interesting to know! The first serious transaction, accomplished with the help of bitcoin, was the purchase of pizza. In May 2010, one of the users of the forum said that he was ready to pay 10 thousand bitcoin for pizza. At that time, the real cost of the pizza was 25-30 dollars.
The year 2011 was marked by the appearance of the MtGox exchange, which became the first platform on which it was possible to exchange bitcoin for ordinary money.
What is secured by bitcoin?
In contrast to conventional money, bitcoin is not backed by absolutely no material values. Neither the banks nor the issuing fund are engaged in supporting the course of the crypto currency. How then can you trust this virtual monetary unit, if the owner does not have any financial guarantees?
The fact is that the one who came up with the crypto currency was not going to back it up with gold or shares. This payment system has completely different properties. The pricing in it is completely dependent on real demand and supply on bitcoin. In this it is difficult to believe the people who encountered different financial pyramids. But, the fact is that bitcoin is created in this way - its value will only increase with time. This is because the cost of creating each new coin exceeds the cost of the previous one.
Who invented bitcoin and why, if there is no system of protecting depositors, and the value of virtual coins is not protected by anything? The point is that bitcoin was designed as an independent decentralized system for anonymous transactions. This currency has no "shadow" owners. Its stability is not able to affect either government bodies or large corporations.
To convince users that bitcoin is a serious project, and not the next pyramid, the following facts can be:
bitcoin has the highest degree of protection from falsification (it is almost impossible to generate keys or to forge existing ones);
each transaction has a complex security system consisting of at least 6 confirmations;
bitcoin mining is impossible without expensive computer equipment;
the number of goods and services that can be bought is constantly growing, paying for them with bitcoins;
Change in the protocol of the system is possible only if there is agreement of 90% of the members of the community.
Interesting to know! Every minute in the world there are at least 100 transactions involving bitcoin. This is a convincing proof of the prospects of the crypto currency.
satoshi pokamoto without a face Who is he, a brilliant inventor named Satoshi Nakamoto?
To this day, the question remains: who invented bitcoin? The history of creating a new crypto currency bitcoin refers to Satoshi Nakamoto. Is he judging by the name of a Japanese? Or, nevertheless, this is the conditional name of a group of people engaged in the creation of bitcoin, and wished to remain anonymous?
Very interesting is the analysis of the name of the one who invented bitcoin. If you translate from the Japanese "Satoshi", then literally it will sound like: "wise", "resourceful" or "clear thinking". The beginning of the name "Naka" in Russian means: "relationship" or "inner environment". The second part of Moto is translated as "foundation" or "origin". Is not it a very suitable name for the creator of a cardinally new, cunning financial algorithm?
To reveal the secret, who really is this great inventor, hiding under the name of Satoshi Nakamoto, so nobody has succeeded. The only thing known reliably about who created bitcoin, is that this person has a very unusual thinking. This confirms Jeff Garzik - one of the main developers of the system. He argues that the principle of writing the code of the ingenious inventor of crypto currency does not fit into the level of intelligence of a typical software engineer.
Specialists say that Satoshi Nakamoto is a very wealthy person. After all, at the end of 2013, he owned the amount of bitcoin, which, in terms of dollars, amounts to 1 billion.
Now this person has left the affairs connected with system bitcoin. He said this in 2011. But, he is sure that his brainchild, bitcoin, is in the reliable hands of a team of professionals led by Gavin.
The history of bitcoin is unusual. It is shrouded in a haze of mystery, which hangs around the name of the main creator. But, the fact remains: the ingenious invention works, and the new crypto currency becomes more popular every day.
Yes i love bitcoin because this is the one that i earn a lot of money very indemand and promising coins in the crypto,this is a big help to my family needed and thankfull for that.i hope that many people to known about bitcoin because this is also big help to them and bitcoin technology using blockchain. a highly developed technology in the era of digitalization. 
The main crypto currency bitkoin (bitcoin) on Wednesday evening strengthened near the mark of 7 thousand dollars, according to the data of trades.
According to the portal CoinMarketCap, as of 22.37 Moscow time, bitcoin rose by 0.95% - to 6.909 thousand dollars. At the Bitfinex exchange, the crypto currency grew by 1.12%, to 6.909 thousand dollars, to OKEx - by 1.05%, to 6.91 thousand dollars.
Alternative crypto currencies are also becoming more expensive: Ethereum - by 2.69%, to 420.89 dollars, Ripple - by 1.78%, to 0.5 dollars, Bitcoin Cash - by 0.15%, to 652.45 dollars, Litecoin - by 0.13%, to 114.56 dollars. Capitalization of the market, according to CoinMarketCap, is currently $ 270.38 billion. Bitcoin accounts for approximately 43% of the entire crypto-currency market.
"The stabilization of the bitcoine rate at just below 7 thousand dollars is not a disappointment, it inspires. The fall has been replaced by consolidation, and this is a sure sign of the projected growth, "RIA Novosti said. Plekhanov Konstantin Ordov.
Other analysts pay attention to the negative news background, in particular, to strengthen regulation in the circulation of virtual currencies in different countries. "Volatility is low - the bulls are fighting for support in the region of 6.75-6.6 thousand dollars per coin. The trend remains "bearish," and so far there are no hints of a reversal, and the constantly appearing negative news does not allow quotations to grow, "said eToro analyst Mikhail Mashchenko.
According to the portal CoinMarketCap, as of 22.37 Moscow time, bitcoin rose by 0.95% - to 6.909 thousand dollars. At the Bitfinex exchange, the crypto currency grew by 1.12%, to 6.909 thousand dollars, to OKEx - by 1.05%, to 6.91 thousand dollars.
Alternative crypto currencies are also becoming more expensive: Ethereum - by 2.69%, to 420.89 dollars, Ripple - by 1.78%, to 0.5 dollars, Bitcoin Cash - by 0.15%, to 652.45 dollars, Litecoin - by 0.13%, to 114.56 dollars. Capitalization of the market, according to CoinMarketCap, is currently $ 270.38 billion. Bitcoin accounts for approximately 43% of the entire crypto-currency market.
"The stabilization of the bitcoine rate at just below 7 thousand dollars is not a disappointment, it inspires. The fall has been replaced by consolidation, and this is a sure sign of the projected growth, "RIA Novosti said. Plekhanov Konstantin Ordov.
Other analysts pay attention to the negative news background, in particular, to strengthen regulation in the circulation of virtual currencies in different countries. "Volatility is low - the bulls are fighting for support in the region of 6.75-6.6 thousand dollars per coin. The trend remains "bearish," and so far there are no hints of a reversal, and the constantly appearing negative news does not allow quotations to grow, "said eToro analyst Mikhail Mashchenko.
Bitcoin is very interesting interesting for me and in general i love bitcoin because of revolution it have made. We got alternate way of economy and mony managment.
I love bitcoin because its the crypto currency and its the king of the crypto.
It hasa lot of use cases.
I can exchange it to any other crypto.
Why do you love Bitcoin?
Why are you interested?
It hasa lot of use cases.
I can exchange it to any other crypto.
Why do you love Bitcoin?
Why are you interested?
I love bitcoin because it gives me extra income to fulfill my family needs. I earn bitcoin by joining signature campaign. It also helps me in paying my bills. A lot of students also joining bitcoin to pay there tuition fees that there parents cannot afford. Bitcoin really helps a jobless person in earning by any forms.
very true, I love bitcoin too because of the opportunity that it bring us. the opportunity to earn extra amount of money in which it could help me and my family.
I love bitcoin. Because bitcoin is the king of cyrpto and it is always gonna be like this.
I love bitcoin because its crypto currency and the king of crypto are called.
I can convert it to any other crypto.
Bitcoin future is bright.
I can convert it to any other crypto.
Bitcoin future is bright.
Bitcoin made my life more colorful, I'm grateful to him. Here is an example of what I achieved with the help of bitcoin, I flew in 2017 to rest in another country, and did not spend a penny from my earned at the plant. Thank you again bitcoin. You are a true friend
I really like bitcoin because it helps me in many ways. It makes our life financially stable and it makes things difficult for everyone who wants to earn an income. It helps us in building a better future by just learning and embracing bitcoin. Bitcoin is really the king of cryptocurrency and I can not imagine my life financially stable without bitcoin because I got financial help from bitcoin. I not only love money but also the knowledge that bitcoin taught to everyone. I like how super easy to use and very convenient when it comes to transactions, but the thing I like best about bitcoin is, it is for a meaningful long-term investment if I invest in it, my future will be adequately secured. On the other hand, I like bitcoin because it gives me a chance or a way to earn money and can keep all my needs and desires even though I am new here but trying very hard to get bitcoin and the first time my friend introduced bitcoin in I can say that I'm very interested in him.
I love the concept of Bitcoin, or frankly any cryptocurrency which the world, or any society, country or eco-system collectively agrees can be used as a store of value and means of exchange. Bitcoin can not be control by any so Called government and you not be track with the amount you sent. You are the owner of your money nobody can control it for you. Bitcoin can be used in other to send money to when exchange rate is high in converting to other currency. Bitcoin can be used to make investment internationally. Payment can be made with easy anytime any motion.
I love bitcoin because it helps us to many people.and it is the king for of all coin.it has a lot of use cases and the value of crypto currency is high and high.the cost is too low so that I really love with bitcoin.
I strongly believe that bitcoin will become a digital currency in the future, so even if prices are low, people still like bitcoin because bitcoin often helps many people.
I love bitcoin, because it gives us a chance to earn easy extra income and our knowledge are more improve. It can really supports my needs especially in our financial. There's a big chance that we become rich and we can earn a good amount of profit. Its a best source of income of all people, and we believe that the price is getting more higher in the future and this is the most secured currency.
I love bitcoin because it give me a chance to have a better life while I am studying. It says that I can have a better life with the help of it because of the things that can do in bitcoin. I am also interested in bitcoin because nowadays bitcoin is very popular in the world.
I like bitkoyn, because it is universal. When I had an extra hundred dollars, I decided to go out to the crypto currency market when bitkoyn was another 4000. With a small amount, I started buying several other currencies, thus earning and increasing the number of bitcoins. When I need real money, I make an exchange and get the dollars. It is very convenient
In addition to the benefits of bitcoin, there are many advantages, so I like bitcoin. Bitcoin's future is good.
I like bitcoin because of the fact that it forms a more independent and fair system for issuing banknotes. this means a lot for ordinary people. besides, there is no both the personalization of the owner of money, and the persons accepting for payment these banknotes. this explains the growing popularity of bitcoins among residents of different countries. There is an increase in confidence in this payment system.
Freedom
i love bitcoin because it helps people so much who is in need and joblesss. it lessen the number of people who is un-employed. i am intersted in bitcoin because of the income i can get in just joining in any bounty campaigns.
For me i really love bitcoin, because it is easy to be very profitable with bitcoin, and i love bitcoin because the future of it is secured and very bright, and i love bitcoin because it is open for everyone. Everyone in this world has also a chance to earn profit and everyone in this has a chance to be rich. For me, I love bitcoin because it’s may source of income. As a student, it is difficult to find a part-time job that will fit into your schedules, tasks, and chores. But in bitcoin, you can efficiently manage your time it’s because you can do your responsibility anytime. Also, I love bitcoin because I earn huge money that I use to pay the bills, tuition fees, and other financial problem. 
We love bitcoin because it helps us to earn big profit, to support our financial needs. It helps students to earn for their tuition, it helps jobless people to get money for a living, it helps us to support our family financial and for future. I love bitcoin because its a financer/lifesaver for us. I will always love bitcoin because bitcoin always help us in term of financial support. Jump to: