Author Topic: What is Bitcoin?  (Read 1969509 times)

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What is Bitcoin?
« on: January 01, 2013, 03:45:04 PM »
What is Bitcoin?

Web definitions: A decentralised digital currency created in 2009; A client for the above currency.
(en.wiktionary.org/wiki/bitcoin)

« Last Edit: March 12, 2016, 03:30:42 PM by bitcoinforum.com »
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
Latest stable Bitcoin version
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Offline Pink dream

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Re: What is Bitcoin?
« Reply #330 on: November 30, 2021, 09:33:09 PM »

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I am very interested in this topic. Please tell me a source where I could study it in more detail?

Offline Aarvi Sinha

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Re: What is Bitcoin?
« Reply #331 on: December 13, 2021, 11:39:45 AM »
I must say, this thread is providing enough preparation to know the basics of the coin.

Offline Christopher Baumner

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Re: What is Bitcoin?
« Reply #332 on: December 15, 2021, 10:45:00 PM »
It's actually turning out to be a great way to invest, believe it or not. It's like watching the stocks go up and down every day. Keeps me on my toes.

Offline nirmala02

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Re: What is Bitcoin?
« Reply #333 on: December 24, 2021, 12:44:02 PM »
Bitcoin is a digital currency invest by many people for their investment. Now a day bitcoin or cryptocurrency is become popular investment for people to have a extra profit in their life.




Offline Iqranawaz

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Re: What is Bitcoin?
« Reply #334 on: January 07, 2022, 01:06:44 PM »
Bitcoin is described as a cryptocurrency or digital currency. In which record of transaction is maintained. It's like an online version of cash.

Offline ashgold

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Re: What is Bitcoin?
« Reply #335 on: January 13, 2022, 11:34:28 AM »
Bitcoin is one of the first virtual currencies to apply peer-peer era to facilitate immediate payments. The impartial people and agencies who personal the governing computing strength and take part withinside the Bitcoin network, are made out of nodes or miners.

There aren't anyt any bodily bitcoins, best balances stored on a public ledger that everybody has obvious get entry to to, that – together with all Bitcoin transactions – is validated through a huge quantity of computing strength. Bitcoins aren't issued or subsidized through any banks or governments, nor are person bitcoins precious as a commodity.

There are many Bitcoin supporters who consider that virtual forex is the future. Many of folks that advise Bitcoin consider that it helps a miles faster, low-charge fee machine for transactions throughout the globe. Although it isn't always subsidized through any authorities or principal bank, bitcoin may be exchanged for conventional currencies; in fact, its trade fee towards the greenback draws capacity buyers and buyers inquisitive about forex plays. Indeed, one of the number one motives for the boom of virtual currencies like Bitcoin is they can act as an opportunity to country wide fiat cash and conventional commodities like gold.

Bitcoins may be popular as a way of fee for merchandise bought or offerings provided. If you've got got a brick and mortar store, simply show a signal saying “Bitcoin Accepted Here” and lots of your clients may also nicely take you up on it; the transactions may be dealt with with the considered necessary hardware terminal or pockets cope with via QR codes and contact display apps. An on line enterprise can effortlessly take delivery of bitcoins through simply including this fee choice to the others it gives credit score cards, PayPal, etc.
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Offline Kaori Shimizu

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Re: What is Bitcoin?
« Reply #336 on: January 16, 2022, 08:03:09 AM »
I always watch this video everytime I forgot what bitcoin is. Nice post. Thanks!

Offline juila8989

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Re: What is Bitcoin?
« Reply #337 on: January 18, 2022, 04:56:23 AM »
which country is next to adopt bitcoin ?
A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences

Offline Iqra

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Re: What is Bitcoin?
« Reply #338 on: January 28, 2022, 10:45:31 AM »
Bitcoin cryptocurrency is one of the top cryptocurrency for crypto trading day in 2022 to yield efficiently short-term profit. At one time it hits the record of high price while sometimes it jumps or plunges for weeks. This is expected to reach new heights in 2022.

Offline Begaing

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Re: What is Bitcoin?
« Reply #339 on: February 15, 2022, 03:50:41 AM »
Unlike foreign exchange (forex), Bitcoin is a digital floating exchange pegged to the U.S. dollar. Contrary to gold, there is no underlying physical asset on which to base the price.

Offline CryptoMund

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Re: What is Bitcoin?
« Reply #340 on: February 16, 2022, 09:12:53 AM »
Hello everyone, this is my new website about crypto news related. I know there are a lot of things need to be done to make the website better. However, I hope you guys can give me some feedbacks about it.

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Re: What is Bitcoin?
« Reply #341 on: February 18, 2022, 10:37:46 AM »
Crypto PlatinX Is A Virtual Asset Powered By The BNB (Binance) Blockchain Technology. It Is A Non-Fungible, But Transferrable Digital Asset Stored In A Smart Wallet Through A Smart Contract.
PlatinX (PTX) stands out to be the future of crypto assets backed by one of world's most simplified, secured, and reliable blockchain technology viz. Binance (BNB). The crypto asset aims to rise unexpectedly over all the other crypto assets in the near future. Moreover, it can be traded on...

Offline gastonkilby

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Re: What is Bitcoin?
« Reply #342 on: February 22, 2022, 06:56:21 PM »
Nice post. Thanks!

Offline gastonkilby

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Re: What is Bitcoin?
« Reply #343 on: February 23, 2022, 05:55:23 PM »
I always watch this video everytime I forgot what bitcoin is. Nice post. Thanks!

Offline antonio george

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Re: What is Bitcoin?
« Reply #344 on: February 24, 2022, 10:12:18 AM »

a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.




 

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