Author Topic: What is Bitcoin?  (Read 1767689 times)

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Offline bitcoinforum.comTopic starter

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

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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 »
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Offline cryptocoin

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Re: What is Bitcoin?
« Reply #1 on: April 12, 2013, 09:09:55 PM »
I always watch this video everytime I forgot what bitcoin is. Nice post. Thanks!
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Offline Big Truck

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Re: What is Bitcoin?
« Reply #2 on: May 31, 2013, 03:21:29 PM »
Awesome info thanks

Offline Coraline_Tez

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Re: What is Bitcoin?
« Reply #3 on: October 25, 2013, 03:20:53 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 sovereign press

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Re: What is Bitcoin?
« Reply #4 on: November 07, 2013, 05:00:17 PM »
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Offline Coraline_Tez

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Re: What is Bitcoin?
« Reply #5 on: November 07, 2013, 07:07:11 PM »
Great article!! Really nice insights. I think some people struggle with claiming bitcoin as a currency because it's not something that they can "hold." We can hold dollars and coins. Of course, the newest generation won't have any prob seeing btc as a currency since everything is digital to them as it is -- they don't know any different.

Offline s_matysik

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Re: What is Bitcoin?
« Reply #6 on: December 01, 2013, 02:40:18 PM »
This virtual currency, designed in 2008 by a person with the pseudonym Satoshi Nakamoto to be taken anywhere, anytime, is uncontrolled by any banking system, send money to another country instead take many hours it will take a few moments. You can be exchanged for other currencies, or with the help of a special program to kick bitcoiny, need a good graphics card.
In short bitcoin currency is simply the most perfect building blocks of numbers and letters coded so that they can not break ;)
« Last Edit: December 01, 2013, 02:42:19 PM by s_matysik »

Offline Jackie_zzlv

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Re: What is Bitcoin?
« Reply #7 on: January 04, 2014, 07:53:06 AM »
Awesome info thanks 8)

Offline ecoiner

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Re: What is Bitcoin?
« Reply #8 on: January 08, 2014, 06:28:35 AM »
Nice information thank you.

Offline SUEhoward

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Re: What is Bitcoin?
« Reply #9 on: January 21, 2014, 10:07:44 AM »
Just so you know, bitcoin is a p2p coin. This is the first ever cryptocurrency in the history. No one can outlaw or regulate it, even government authorities because it is purely decentralized. As the latest virtual mode of payment, BTC has also wide arrays of usages in different industries. Bitcoin evolves so fast so always keep yourself updated! That's a helpful video, btw.
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Offline seanwilliam1988

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Re: What is Bitcoin?
« Reply #10 on: January 31, 2014, 06:41:24 AM »
It’s a very controversial and new digital currency that is currently dominating the online casino industry and other types of businesses are starting to accept it, too.
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Offline CherryServers.Marius

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Re: What is Bitcoin?
« Reply #11 on: April 15, 2014, 06:33:56 AM »
great info and links, thanks for sharing
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Offline Charlie Prime

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Re: What is Bitcoin?
« Reply #12 on: April 15, 2014, 10:05:53 PM »
This videos is good for newbies...


Offline reymarkperry

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Re: What is Bitcoin?
« Reply #13 on: April 29, 2014, 08:47:17 AM »
Bitcoin might be a bit complicated for some, and they might find it hard to understand how it works. Here is a simplified illustration from BitcoinDaily infographic:
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Offline krasaan02

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Re: What is Bitcoin?
« Reply #14 on: May 02, 2014, 10:09:04 AM »
First time i see the video...

Thanks (Y)

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Re: What is Bitcoin?
« Reply #15 on: June 06, 2014, 02:52:35 PM »

Bitcoin? The new era money.
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Offline BitBull

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Re: What is Bitcoin?
« Reply #16 on: July 12, 2014, 12:36:43 PM »
Yes, Bitcoin is our next step and sooner or later financial institutions will have to either admit it and deal with BTC or lose great chances to get more profit.

Offline Shaun

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Re: What is Bitcoin?
« Reply #17 on: August 17, 2014, 05:14:28 AM »
Bitcoin is the greatest online currency with no fees involved where you can trade money to people in an instant! It is also a great site as there are also many ways to make money with bitcoin and it is like a savings account, making your money stored in it go up!!!AMAZING :)

Offline Evander Smart

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Re: What is Bitcoin?
« Reply #18 on: August 19, 2014, 02:41:33 AM »
Bitcoin is simply "The Future of Money"!
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Offline Asianconnect

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Re: What is Bitcoin?
« Reply #19 on: August 28, 2014, 10:02:51 AM »
That illustration really would help newbie to understand what bitcoin is.

Offline evander

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Re: What is Bitcoin?
« Reply #20 on: September 27, 2014, 02:14:27 AM »
Bitcoin is "The Future of Money".  And that's just it's first "app"!
Bitcoin will change how the world does business.  Forever.
Watch and learn.
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Offline icoin

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Re: What is Bitcoin?
« Reply #21 on: October 13, 2014, 10:07:55 PM »
this information is verified ?
tnx

Offline impressivegol

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Re: What is Bitcoin?
« Reply #22 on: October 17, 2014, 10:40:04 PM »
none of the videos ppl are referencing are showing up for me? is it just me or were they removed. thx

Offline princerobert

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Re: What is Bitcoin?
« Reply #23 on: December 10, 2014, 08:50:20 AM »
I like this video very much its very nice. I learned lot of information from this post. Thanks for sharing.

Offline trishs

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Re: What is Bitcoin?
« Reply #24 on: December 10, 2014, 10:18:35 AM »
Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

Offline XcoinCall

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Re: What is Bitcoin?
« Reply #25 on: December 15, 2014, 04:49:46 PM »
Really good info to share with less Bitcoin-savvy individuals.
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Offline William C

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Re: What is Bitcoin?
« Reply #26 on: March 11, 2015, 11:33:29 AM »
Hello Friend,


Bitcoin is the first cryptocurrency introduced as an open-source in 2009. Cryptocurrency is a medium of making currency exchange using cryptography, which is one of the most secure transaction mode. Bitcoin is more like gold than cash. For more details you can refer cryptextechnologies.com

Offline johnfxpips

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Re: What is Bitcoin?
« Reply #27 on: April 02, 2015, 10:08:51 AM »
Bitcoin is a currency, although digital, qualifies it for trading. It can be held, bought, traded, invested or stolen. The most extensively circulated cryptocurrency, originated in 2009 by someone (or some people) using the pseudonym Satoshi Nakamoto. It is produced by the process of “mining”, essentially using a computer’s processing power to work out intricate algorithms called “blocks.” Miners earn about25 Bitcoins once block is decrypted. This relies on GPU power. Another method of trading, is to basically exchanging fiat currency at a Bitcoin exchange.

Offline sm newrak

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Re: What is Bitcoin?
« Reply #28 on: April 12, 2015, 12:06:05 PM »
Bitcoin is a nothing but a from of digital currency.it is created and held electronically and no one controls it.Here is Bitcoin Gift card go ahead and check it out.

Offline Skrill2015

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Re: What is Bitcoin?
« Reply #29 on: May 15, 2015, 04:58:16 PM »
thanks for sharintg

Offline robertdexter

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Re: What is Bitcoin?
« Reply #30 on: June 01, 2015, 06:17:13 AM »
Thanks for sharing this thread from this I came to know what Bitcoin is.

Offline smeagol

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Re: What is Bitcoin?
« Reply #31 on: July 15, 2015, 06:52:53 PM »
Bitcoin is the future
I say this because it is a miracle after internet
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Offline johnlocke445

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Re: What is Bitcoin?
« Reply #32 on: July 24, 2015, 05:45:59 PM »
I know this forum is dedicated to Bitcoin, however does anyone know if this new Bitgold can be held in on paper wallets in the same way that bitcoin can be held on paper for security. I called the Bitgold support and they had no idea what cold storage or paper wallets were to the digital currency world.

Offline bitstampclone

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Re: What is Bitcoin?
« Reply #33 on: January 21, 2016, 01:03:00 PM »
Bitcoins can be used for online transactions between individuals. It is a type of digital currency which is based on encryption techniques. This currency trading doesn’t depends upon any centralized authority.

Offline RoyalBtcGames

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Re: What is Bitcoin?
« Reply #34 on: February 24, 2016, 05:26:35 AM »
Thanks for the post
I never knew that.

Offline reethushree

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Re: What is Bitcoin?
« Reply #35 on: February 26, 2016, 07:34:47 AM »
  Bitcoin is a digital currency (also called crypto-currency) that is not backed by any country's central bank or government. Bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.The bitcoin network is designed to mathematically generate no more than 21 million Bitcoins and the network is set up to regulate itself to deal with inflation. Bitcoins can be spent by initiating a transfer request from a Bitcoin address in the customer's wallet to a Bitcoin address in the vendor's wallet.
 Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger.


 

Offline nestingdoll

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Re: What is Bitcoin?
« Reply #36 on: February 29, 2016, 08:08:51 AM »
Awesome info thanks

Offline musicsavvy

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Re: What is Bitcoin?
« Reply #37 on: March 20, 2016, 04:02:14 AM »
bitcoin is simply the king of currency
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Offline mmodelivery

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Re: What is Bitcoin?
« Reply #38 on: April 25, 2016, 01:35:20 AM »
I am looking into the business of bitcoin!

Offline martin_john

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Re: What is Bitcoin?
« Reply #39 on: May 02, 2016, 07:57:51 AM »
I don't want to tell you what is Bitcoin. Just I want to tell you it's so important how you gonna get familiar with bitcoin.
The whole concept is a bit complex at the begging but keep going and try to read websites like techcoins.net and article about it to get more familiar with topic.

Offline GKE

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Re: What is Bitcoin?
« Reply #40 on: May 11, 2016, 07:32:30 AM »
BTC is digital currency and I am currently using it with my anx account~

Offline cinderalla_chen

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Re: What is Bitcoin?
« Reply #41 on: May 12, 2016, 05:59:35 AM »
It is  basically a digital currency, which would be traded.

Offline cinderalla_chen

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Re: What is Bitcoin?
« Reply #42 on: May 12, 2016, 06:06:12 AM »
if you're interested. I suggest you to check out this year's Cloud Asia Expo for the lastest development.

Offline Beth04

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Re: What is Bitcoin?
« Reply #43 on: May 17, 2016, 12:53:34 PM »
Bitcoin works via something called the blockchain. Every time you do a transaction, it gets included in a block (which is all the recent transactions bundled together) and every 10 minutes or so, that new block gets accepted into the stack of blocks called the blockchain. So that's how it works every 10 minutes the whole network breathes, and updates network wide with the new block of transactions. Mining serves the purpose of verifiying these new blocks.

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« Last Edit: May 17, 2016, 01:42:44 PM by Beth04 »

Offline andreanewman

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Re: What is Bitcoin?
« Reply #44 on: May 21, 2016, 10:16:56 AM »
A type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
« Last Edit: May 12, 2018, 03:43:15 PM by bitcoinforum.com, Reason: format »
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Re: What is Bitcoin?
« Reply #45 on: July 20, 2016, 12:54:32 AM »
Great article!! Really nice insights. I think some people struggle with claiming bitcoin as a currency because it's not something that they can "hold." We can hold dollars and coins. Of course, the newest generation won't have any prob seeing btc as a currency since everything is digital to them as it is -- they don't know any different.
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Offline ambericey

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Re: What is Bitcoin?
« Reply #46 on: August 16, 2016, 07:40:10 AM »
It's a great pleasure to hear your share and learn a lot.

Offline KingdomFire

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Re: What is Bitcoin?
« Reply #47 on: August 28, 2016, 07:00:26 AM »
Bitcoin is one of those things that's really hard to explain what it is to someone, but it's easy to use..

Offline jeraldskie11

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Re: What is Bitcoin?
« Reply #48 on: October 26, 2016, 02:27:19 AM »
Thanks for this information! I hope it can help. :)
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Re: What is Bitcoin?
« Reply #49 on: October 28, 2016, 01:44:59 PM »
Bitcoin is a freedom of choice
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Offline IWILLDOIT

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Re: What is Bitcoin?
« Reply #50 on: November 08, 2016, 07:29:23 AM »
Thank you for the info.

Offline petsae

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Re: What is Bitcoin?
« Reply #51 on: December 14, 2016, 11:03:28 PM »
This infographic is great! Thanks!
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Re: What is Bitcoin?
« Reply #52 on: January 21, 2017, 08:36:41 PM »
As per Bitcoin Wikipedia
"Bitcoin is a cryptocurrency and a payment system".
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Offline cooorwinww

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Re: What is Bitcoin?
« Reply #53 on: February 09, 2017, 08:38:02 AM »
thanks

Offline the-bitcoiner

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Re: What is Bitcoin?
« Reply #54 on: March 01, 2017, 09:10:24 AM »
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.

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Re: What is Bitcoin?
« Reply #55 on: March 05, 2017, 12:12:45 PM »
Bitcoin Basic Concepts

Bitcoin is a shared ledger.  It is essentially a spreadsheet that shows how many bitcoins each account contains.  All the complications come from the need to make sure it is valid and everyone see the same ledger.
 The current state of the ledger is determined by a decentralized and trustless consensus.  It cannot be controlled at any central point.
Bitcoin “mining” is the process of adding transactions to the ledger and is done by solving math problems that take substantial computational power.
The “consensus” is achieved by users and “miners” deciding to run compatible versions of the software and enforcing the consensus rules.
Users can run “nodes” using peer-2-peer connections that shares the ledger.  By running a full node a user can completely verify all transactions without the need of a third party service.
Nodes enforce the rules by only broadcasting transactions and sections of the ledger that fit within the consensus rules.
A user can easily verify the shared ledger took a huge amount of computational power to create as a way of trusting it is real.
Miners get transaction fees and “block rewards” as an incentive to use their computer power.
The “block rewards” are a way to initially distribute the currency and are cut in half about every 4 years until all 21 million bitcoins are distributed in 2140.  Due to the nature of “halving” most bitcoins are distributed during the first few halvings.  It was 50 Bitcoins for the first 4 years and is currently 25 Bitcoins.  In 2016 it will be 12.5 and in 2020 it will be 6.25.
Bitcoin addresses are secure because the numbers are so large that all the computers in the world cannot come close to cracking it.
A Bitcoin can be broken down to 8 decimal digits so each one has 100 million pieces.
A Bitcoin transaction can be used to indirectly store information in the permanent shared ledger without trusting a third party.

For more info check my blog --->>> tips-and-tricks-bitcoin.blogspot.com
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Offline brethheaden

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Re: What is Bitcoin?
« Reply #56 on: March 14, 2017, 04:28:11 PM »
For quick understanding, consider Bitcoins as Coins in the form of bits (010101.......). Yes it is a digital currency with a promising future.

Offline jiajiannnnn

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Re: What is Bitcoin?
« Reply #57 on: April 04, 2017, 12:45:52 PM »
Bitcoin is both a cryptocurrency and an electronic payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto

Offline tungsonmtp

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Re: What is Bitcoin?
« Reply #58 on: April 13, 2017, 02:28:26 PM »
I always watch this video everytime I forgot what bitcoin is.
Nice post. Thanks!
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Offline Genesis

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Re: What is Bitcoin?
« Reply #59 on: April 19, 2017, 02:55:51 PM »
Basically bitcoin is a digital currency that become success of so far and as we all know digital or virtual this isn't like a physical money and bitcoin can only be stored in your bitcoin wallet .Bitcoin as we all know was made by Satoshi Nakamoto but never been confirmed who is this person or is he really the maker of bitcoin.

Offline the-bitcoiner

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Re: What is Bitcoin?
« Reply #60 on: May 05, 2017, 10:38:22 AM »
I still don't understand completely how crypto currencies work

Offline squadus

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Re: What is Bitcoin?
« Reply #61 on: May 27, 2017, 11:55:45 PM »
The blockchain has so much potential. Not just for financial services, but digital assets of all kinds. :)

Offline stlords

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Re: What is Bitcoin?
« Reply #62 on: May 31, 2017, 11:38:44 AM »
Hey it's really cool.. I heard from my friend about this bitcoin, later even m using it and I'm getting usefull from this bitcoin.. Thanks a lot..

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Offline rpggal33

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Re: What is Bitcoin?
« Reply #63 on: June 26, 2017, 06:00:49 AM »
I think it is a form of cybercurrency.

Offline oheysmith

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Re: What is Bitcoin?
« Reply #64 on: June 26, 2017, 07:15:00 AM »
Bitcoin has tremendous ultra potential value.

Offline Key

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Re: What is Bitcoin?
« Reply #65 on: July 05, 2017, 02:30:51 PM »
This videos is good for newbies...



hahahahah
Will the real Bitcoin please stand up, please stand up, please stand up

Offline rakesh889

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Re: What is Bitcoin?
« Reply #66 on: July 07, 2017, 01:10:14 PM »
Bitcoin is a type of cryptocurrency. It is one of the first digital currencies to use peer-to-peer (P2P) technology to facilitate instant payments. It is a user as well as a tech-friendly digital currency and thus public can access it easily. Nobody owns or controls Bitcoin.

Bitcoins are traded easily with the help of transfers between the sender and receiver through wallets. A wallet is a small personal database that can be stored on your computer drive, smartphone, tablet or somewhere in the cloud through which one can buy and sell BTC.

Bitcoins are made and circulated through a self-governing process of ‘mining’. It is referred to as self-governing because only 21 million total BTC will be allowed to exist ever, out of which almost 11 million BTC have been mined already and are in current circulation.


Offline GeorgeSoro

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Re: What is Bitcoin?
« Reply #67 on: July 07, 2017, 10:45:13 PM »
What is Bitcoin?

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





awesome post
:)

Offline rakesh889

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Re: What is Bitcoin?
« Reply #68 on: July 20, 2017, 07:02:51 AM »
I have got a very good article for all the newbies, http://blog.flitpay.in/need-know-bitcoins/ [nofollow]

Offline girish.laathar

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Re: What is Bitcoin?
« Reply #69 on: July 24, 2017, 11:06:40 AM »
Bitcoin is a type of digital currency in which encryption techniques are used to generate digital currency. To know more about blockchain apps and software, visit the Draglet website.

Offline cashonly

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Re: What is Bitcoin?
« Reply #70 on: August 02, 2017, 01:31:12 AM »
I am a newbie on Bitcoin field! I have a question as a new member. So there was something going on between Bitcoin and Segwit? on August 1th?? can anyone tell me what was it about?

Offline dollarfx

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Re: What is Bitcoin?
« Reply #71 on: August 14, 2017, 08:03:57 AM »
I am a newbie on Bitcoin field! I have a question as a new member. So there was something going on between Bitcoin and Segwit? on August 1th?? can anyone tell me what was it about?


I have actually no idea about segwit but i know about Bitcoin.

Offline AmaitKumar

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Re: What is Bitcoin?
« Reply #72 on: August 24, 2017, 11:41:14 AM »
Bitcoin is basically a digital crypto-currency that can be earned by variety of ways. In ancient times, mining of Bitcoins was done by using various network of computers from around the world. But now a days, with the enhancement in crypto world, bitcoins are mined effectively with easy and fair way.

Offline tlindpreico

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Re: What is Bitcoin?
« Reply #73 on: August 29, 2017, 09:18:02 AM »
Thank you for the video. How can i get my first coins?

Offline bragen

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Re: What is Bitcoin?
« Reply #74 on: September 05, 2017, 03:49:05 AM »
BITCOIN is a digital money of course..lol
Contest= https://steemit.com/cryptocurrency/@cryptonewz/open-money-bounty-contest-program [nofollow] (End : October 19, 2017 at 11:59 PM PDT)

Offline dollarfx

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Re: What is Bitcoin?
« Reply #75 on: September 06, 2017, 08:04:39 AM »


Thanks for the information as i was looking for ways on how i can earn the free bitcoins.

Offline Romanova

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Re: What is Bitcoin?
« Reply #76 on: September 08, 2017, 08:04:54 AM »
Отличный пост, спасибо)
Обращаем Ваше внимание — обмены производится только по заявке на сайте 1-online!

Offline dillema018

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Re: What is Bitcoin?
« Reply #77 on: September 18, 2017, 12:57:45 PM »
Bitcoins are completely virtual coins designed to be self contained for their value with no needs for bank to move and store the money. Once you have bitcoin, they behave like physical gold coins, they possess value and trade if they were nuggets of gold in your wallet/pocket. You can use your bitcoins to buy goods, items and pay bills.

Offline dashboard1

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Re: What is Bitcoin?
« Reply #78 on: September 22, 2017, 12:35:31 PM »
Learned a lot for a newbie like me. Many thanks. :)

Offline Setrionf

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Re: What is Bitcoin?
« Reply #79 on: September 23, 2017, 02:46:17 PM »
good explanations

Offline dashboard1

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Re: What is Bitcoin?
« Reply #80 on: September 26, 2017, 12:16:19 PM »
Thank you for these hreat discussion.. learned a lot. :)

Offline jjackson

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Re: What is Bitcoin?
« Reply #81 on: September 27, 2017, 02:50:13 PM »
yeah, much interesting and usefull information...not only for newbie)

Offline bitoye

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Re: What is Bitcoin?
« Reply #82 on: September 28, 2017, 10:32:09 AM »
Bitcoins are the virtual form of currency which are first introduced in the form of white paper.
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Offline icoholder

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Re: What is Bitcoin?
« Reply #83 on: October 11, 2017, 06:15:39 PM »
Bitcoin is a cryptocurrency created 8 years ago. It uses decentralised technology for secure payments and storing money that doesn't require banks or people's names. Now bitcoins are very popular. The future behind the crypto market.

Offline technogeek

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Re: What is Bitcoin?
« Reply #84 on: October 16, 2017, 05:34:28 AM »
Bitcoin is a virtual money in which privacy methods are used to manage the creation of currency and authenticate the fund’s transfer, working independently of a central bank. Two individuals can use it for an online transaction to each other.  In the last couple of weeks, you have apparently listened about Bitcoin uprising, a digital money that has been evolving at a good rate over the last several years. Bitcoin was lately in the news because of the virus attack in European countries along with others; i.e. [/size]Ransomware WannaCry[/color][/size]. These cyber-attacks were one of the largest attacks of this kind, affecting the systems around the world; and the anonymous hackers asked Ransom in Bitcoins. This is because transactions of Bitcoins are practically untraceable.[/color]

Offline cointech

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Re: What is Bitcoin?
« Reply #85 on: October 31, 2017, 01:12:31 PM »
Thanks, very helpful stuff.

Offline neowebwallet1

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Re: What is Bitcoin?
« Reply #86 on: November 04, 2017, 11:43:14 AM »
Bitcoin is pseudonymous, meaning that funds are not tied to real-world entities but rather bitcoin addresses. Owners of bitcoin addresses are not explicitly identified, but all transactions on the blockchain are public. In addition, transactions can be linked to individuals and companies through "idioms of use" (e.g., transactions that spend coins from multiple inputs indicate that the inputs may have a common owner) and corroborating public transaction data with known information on owners of certain addresses.

Offline BillRox

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Re: What is Bitcoin?
« Reply #87 on: November 09, 2017, 11:10:32 AM »
BTC oldest and most popular crypocurrency now.

Offline cryptos digital

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Re: What is Bitcoin?
« Reply #88 on: November 14, 2017, 07:12:44 PM »
Have a look on cryptos.digital .. all about altcoins, crypto FAQ, Glossar and more ;)


Offline cointech

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Re: What is Bitcoin?
« Reply #89 on: November 17, 2017, 05:01:29 PM »
Wow, nice infographic!

Offline TeamLeadCrypto

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Re: What is Bitcoin?
« Reply #90 on: November 18, 2017, 02:22:27 PM »
BTC - Real and profitable crypto currency

Offline obizcoin.ico

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Re: What is Bitcoin?
« Reply #91 on: November 21, 2017, 07:25:14 AM »
Simple explanation of bitcoin
How bitcoin works ?
What is blockchain ?


Bitcoin price change can be attributed to multiple factors.
Economic Factors - Supply / Demand fluctuations
Public Sentiments - Sentimentals attached to ownership of bitcoins
Charts and Trends - Technical analysis trends can have impact on price change
Market News - Banks or reputed individuals and other institutions forming opinions on Bitcoin survival and future
Legal Impositions - Governments posing restricitions or liberaliing use of bitcoin can have a critical impact
Security - Security concerns like hacking into popular exchanges can hurt sentiments in the short run
Mining Difficulty - In the case of proof-of-work blockchains such as Bitcoin, the mining difficulty of a coin can also have a direct relationship with its price.
Obizcoin ICO is developing a BOT to automate business processes for SMEs and Startups. This BOT is developed on AI and Blockchain Technology thus enabling organisation to organize and scale up.

Offline MaxZara87

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Re: What is Bitcoin?
« Reply #92 on: November 22, 2017, 01:49:45 PM »
I know what BTC is but this video will be good and accessible explanation for my family

Offline Zabercoin

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Re: What is Bitcoin?
« Reply #93 on: November 22, 2017, 04:19:46 PM »
For those who use bitcoins, this is the method of investing, which is the most popular today. And for some people, it is something incomprehensible and unknown)

Offline Expertofcrypto5

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Re: What is Bitcoin?
« Reply #94 on: November 23, 2017, 10:42:55 AM »
  Bitcoin is a story about freedom of money, since both these theses are most brazenly violated in this payment system. Bitcoin does not issue any of its administrative centers. New money appears in the system as a reward for those who managed to create a new block using the hash selection method (which is what it is - see below).
  There is no compulsory arbitration of transactions: money is transferred from one participant to another without the participation of third parties. No commission system, no restrictions: free movement of funds to anywhere in the world.
There is no central place for storing information about transactions. All operations are written to a database, which is stored distributed, on each client computer of the network. And the information on transactions on the principle of the torrent is replenished, by disseminating data from one participant in the system to another.
There is no built-in system of binding money and personalities. Money is completely separate from the person, anonymous.
Bitcoin - this is so unusual money that an unprepared person can be difficult to delve into all the "breaking the canons" features of this currency. Therefore we will analyze the mechanism of their action in stages in order to understand the whole architecture.

Offline Bitcoin_Novoline

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Re: What is Bitcoin?
« Reply #95 on: November 25, 2017, 07:37:29 PM »
nicely presented article

Offline Uncle Blade

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Re: What is Bitcoin?
« Reply #96 on: November 28, 2017, 04:40:40 AM »
I have only been crypto for a few months and have loved it!

Join me on my journey!


Offline KevinMalbort

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Re: What is Bitcoin?
« Reply #97 on: December 01, 2017, 06:44:46 AM »
Nice and easy video!
as for me BTC is a good way to invest in the future, as we can see the growth of bitcoin is growing and is gaining more popularity. And it's only begining

Offline Bitcoin_Novoline

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Re: What is Bitcoin?
« Reply #98 on: December 02, 2017, 01:32:13 PM »
Bitcoin is simply life :)

Offline The Bitcoin Mann

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Re: What is Bitcoin?
« Reply #99 on: December 05, 2017, 11:58:04 PM »

Offline Garden

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Re: What is Bitcoin?
« Reply #100 on: December 07, 2017, 12:35:32 PM »
That's a pretty funny cartoon about bitcoin=) Bitcoin is really convenient although not many people were able to appreciate it. It's still quite a profitable investment.

Offline Cryptobee2018

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Re: What is Bitcoin?
« Reply #101 on: December 19, 2017, 10:06:05 PM »
 NICE info link thanks for sharing

Offline BillRox

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Re: What is Bitcoin?
« Reply #102 on: December 20, 2017, 12:15:17 PM »
nice video! Bitcoin is something with which I fall asleep when I watch information on stock exchanges and then with what I wake up every day

Offline Michael Richard

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Re: What is Bitcoin?
« Reply #103 on: December 29, 2017, 12:48:55 PM »
You can’t really understand about Bitcoin like that, if you want to understand about it, then you need the proper expert guide. Please don’t think any expert is FREE enough to come and guide you like that. Everything has its own cost. And people who invest in knowledge are one who is always happy and successful.

I have put my money into learning, it has really helped me in a major way not just to understand how this industry works, but also to do with ways I could go about earning. I am lucky to found James; [EDITED]!
« Last Edit: February 22, 2018, 01:20:49 PM by bitcoinforum.com, Reason: Link removed. »

Offline BlockTechnology

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Re: What is Bitcoin?
« Reply #104 on: January 02, 2018, 01:13:33 PM »
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin uses the technology of the future - blockchain. At the moment, the most common crypto currency in the world

Offline cryptorated

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Re: What is Bitcoin?
« Reply #105 on: January 12, 2018, 06:54:59 AM »
Bitcoin is a digital currency which uses peer-to-peer technology to facilitate instant payments. The transaction of bitcoin is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The below figure helps you to better understand the working of bitcoin.


Offline OliviaBell

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Re: What is Bitcoin?
« Reply #106 on: January 12, 2018, 07:20:44 AM »
Bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.

Offline francofunghi

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Re: What is Bitcoin?
« Reply #107 on: January 12, 2018, 10:35:07 AM »
Bitcoin is p2p payment system with limited token supply

Offline cryptojean

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Re: What is Bitcoin?
« Reply #108 on: January 12, 2018, 02:36:17 PM »
It is a dream ;-)

Offline NEXT{}2

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Re: What is Bitcoin?
« Reply #109 on: January 28, 2018, 01:37:04 PM »
Great article!! Really nice insights. I think some people struggle with claiming bitcoin as a currency because it's not something that they can "hold." We can hold dollars and coins. Of course, the newest generation won't have any prob seeing btc as a currency since everything is digital to them as it is -- they don't know any different.
I completely agree

Offline NEXT{}2

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Re: What is Bitcoin?
« Reply #110 on: January 28, 2018, 01:41:45 PM »
Very nice post. Thanks!

Offline MaxXXXX

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Re: What is Bitcoin?
« Reply #111 on: January 28, 2018, 02:03:55 PM »
this is the greatest discovery

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Re: What is Bitcoin?
« Reply #112 on: February 07, 2018, 02:17:42 PM »
Btc most popular crypocurrency now!

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Re: What is Bitcoin?
« Reply #113 on: February 09, 2018, 06:47:34 AM »
Thanks everyone for their answers and help!

Offline BlockTechnology

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Re: What is Bitcoin?
« Reply #114 on: February 10, 2018, 11:38:27 AM »
Board of Intermediate and Secondary Education Multan was established in 1968 and it is also located at the Gol Bagh Gulgasht Colony, Multan. BISE Multan has the jurisdiction of Multan, Khanewal and Lodhran schools and colleges and Multan Board is also responsible to conduct the matric and inter annual exams. The main aim of BISE Multan is to raise the standard of education in the Multan schools and colleges located in its jurisdiction and also manage their annual exams of SSC and HSSC at the respective dates.
BISE Multan has maintained its own schedule to conduct the annual exams of 9th and 10th classes. When the process of receiving of the admission forms is finished then Multan board issues SSC date sheets along with the Matric roll number slips of the candidates on their mailing addresses. The date sheet is issued to the students for the matric class in February as the annual exams of 9th and 10th classes are conducted in the month of March. Similarly, HSSC date sheet of the annual exams of intermediate class is issued in March while the annual exams of HSSC in the month of April. Approximately 24,000 students appear in the annual exams of Matric class while about 13,000 students appear in the FA/FSc annual exams. Multan board takes three months in the preparation of the annual exams result, which is also updated on its official website.
bisemultan.result2018.pk
It does this have to do with bitcoin?

Offline Anita_S

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Re: What is Bitcoin?
« Reply #115 on: February 14, 2018, 03:25:21 PM »
in the video that I saw for the first time when meeting with bitcoin

Offline HashGains

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Re: What is Bitcoin?
« Reply #116 on: February 15, 2018, 09:46:25 AM »
Bitcoin is latest trending currency but its not real it is a digital or can say virtual currency. You can purchase anything from Bitcoin. You can buy goods, services, you can pay bills etc.

Offline Moi2x

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Re: What is Bitcoin?
« Reply #117 on: February 22, 2018, 12:36:35 PM »
Thank you so much for the videos and information it really help me to understand the bitcoin, it help us to communicate easier with the use of bitcoin without any hassle with the help of the Internet access which is globally trending

Offline tuma

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Re: What is Bitcoin?
« Reply #118 on: February 25, 2018, 10:59:11 PM »
usefull info , thanks

Offline Sensiyorum

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Re: What is Bitcoin?
« Reply #119 on: February 26, 2018, 09:45:40 PM »
Btc most popular crypocurrency now!
I think that after the recent bitcoin price slump, demand for it has indeed a little bit decreased, and a lot of investors have actually suffered from such a rapid price drop.

Offline CryptoCZ

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Re: What is Bitcoin?
« Reply #120 on: March 05, 2018, 02:11:03 PM »
I think that after the recent bitcoin price slump, demand for it has indeed a little bit decreased, and a lot of investors have actually suffered from such a rapid price drop.
The volume of trading fell sharply after correction, and throughout the market, and not just in bitcoin

Offline bitcoindetect

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Re: What is Bitcoin?
« Reply #121 on: March 08, 2018, 08:12:51 PM »
I personally think that bitcoin and cryptocurrency will be used solely for gaming and gambling in the near future.

Offline Shaneshane

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Re: What is Bitcoin?
« Reply #122 on: March 13, 2018, 02:16:00 PM »
I really love watching the video..
Bitcoin help me to earn money and provide the needs of my kids.😘😘😘 love bitcoin.

Offline miri

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Re: What is Bitcoin?
« Reply #123 on: March 14, 2018, 12:16:50 PM »
Bitcoin was designed with many unique features to become a payment option, store of value or simply an alternative digital currency. Since its history it's moving on extensively to find and prove the best niche for Bitcoin, not only in the crypto space but the way it's integrated into the modern everyday life all over the world. Bitcoin has still much of potential, that can hopefully be realized to transform life for better.

Offline bitpay

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Re: What is Bitcoin?
« Reply #124 on: March 16, 2018, 09:48:24 AM »
Bitcoin is a first digital decentralised cryptocurrency.

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Re: What is Bitcoin?
« Reply #125 on: March 23, 2018, 08:44:15 AM »
Hi,

I check best answer and I get lot of information about bitcoin. Thanks for your information and tips.

Regards
YondoCoin

Offline yazzy

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Re: What is Bitcoin?
« Reply #126 on: April 11, 2018, 02:07:23 PM »
Really helpful! I actually wanted to try out bitcoin hence joined this forum.  Thanks for sharing the vid!  Crypto is totally the future and there's so much it can offer to a lot of people wanting to dive in.

Offline Zoey_iam

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Re: What is Bitcoin?
« Reply #127 on: April 13, 2018, 09:57:49 PM »
Awesome info! Thanks for sharing this video!  It's a must watch specially to those who are just starting out or having an interest about bitcoin.

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Re: What is Bitcoin?
« Reply #128 on: April 21, 2018, 09:12:29 AM »
BITCOIN IS MONEY FOR THE INTERNET USERS.

Offline Joe Williams

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Re: What is Bitcoin?
« Reply #129 on: April 28, 2018, 11:24:57 AM »
Great info. Thanks

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Re: What is Bitcoin?
« Reply #130 on: April 30, 2018, 12:21:55 PM »
Bitcoin is the future)

Offline Haran

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Re: What is Bitcoin?
« Reply #131 on: May 04, 2018, 05:36:19 PM »
Bitcoin is the leading cryptocurrency with a value of 1BTC=$8000 currently. You can trade this coin as its value fluctuate due to the liquidity of the market. The currency has a bright future, so if you have the Bitcoin then you will be a wealthier person in the near future.

Offline Coinini

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Re: What is Bitcoin?
« Reply #132 on: May 08, 2018, 02:16:26 PM »
BTC is an archetype of cryptocurrencies but it has no real value, poor speculation. I thing that future of market are coins like Nebula Network with solid backing and rock stable rate independent from BTC.

Offline Nimiq King

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Re: What is Bitcoin?
« Reply #133 on: May 15, 2018, 05:46:50 AM »
Awesome information in here! I'm going to pass it to a friend to introduce him :)

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Re: What is Bitcoin?
« Reply #134 on: May 17, 2018, 05:03:28 AM »
Bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.

Offline Haran

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Re: What is Bitcoin?
« Reply #135 on: May 30, 2018, 03:10:37 AM »
Bitcoin is the wonder of the current century which has gathered the attention of the whole world. Now, people have stories to share and convince others about the viability of this coin. I think it is the future leader of the currency world. What do you think folks?

Offline crypterum

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Re: What is Bitcoin?
« Reply #136 on: May 30, 2018, 10:38:04 AM »
Like your definitions)

Offline BestW1shes

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Re: What is Bitcoin?
« Reply #137 on: May 30, 2018, 11:28:26 AM »
Bitcoin is cryptocurrency, created by nakamoto

Offline andrewbenson

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Re: What is Bitcoin?
« Reply #138 on: June 07, 2018, 10:44:01 AM »
Good article...the good product sell himself...that's why I had invested only on MUSDcoins and BTC

Offline BestW1shes

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Re: What is Bitcoin?
« Reply #139 on: June 09, 2018, 02:17:12 PM »
BTC is a great archetype of cryptocurrency! However I prefer more innovative projects. I thing that soon we will see alt coins with rock stable rate independent from BTC. There is already Nebula Network - decentralized storage cloud with emission mechanism tied to the supply (in form of computational power and disc space). Thanks of solid backing it's rock stable. May it be a solution for investor fears?
Many investors fear volatility

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Re: What is Bitcoin?
« Reply #140 on: June 13, 2018, 07:05:53 AM »
i new in bitcoin...


thank for support video

Offline JerryHenry

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Re: What is Bitcoin?
« Reply #141 on: June 20, 2018, 10:30:56 AM »
Bitcoin is the world's first cryptocurrency, a type of electronic cash. It is the primary decentralized digital currency. It offers lower fees with Worldwide payments. It enables users to trade among themselves exclusively.
Bitcoin is open-source; its design is public, no one possesses or controls Bitcoin and everybody can take part. Through a large number of its unique properties, Bitcoin allows exciting uses that couldn't be covered by any past payment system.
Get the most popular news from the cryptocurrency world.

Offline Cryptoagent007

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Re: What is Bitcoin?
« Reply #142 on: June 23, 2018, 07:36:52 PM »
Hi everybody, as per opportunity of earning cryptocurrency Ethereum and exchanging bitcoins into Ethereum and conversely I would like to emphasize new cryptoplatform Stepium. This is reliable crypto platform based on affiliate marketing with a wide range of opportunities.

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #143 on: June 26, 2018, 12:30:13 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.
BTC is a simple to use and safe.
Bitcoin is one of the most important inventions in all of human history.

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #144 on: June 26, 2018, 12:31:06 PM »
Bitcoin is the world's first cryptocurrency, a type of electronic cash. It is the primary decentralized digital currency. It offers lower fees with Worldwide payments. It enables users to trade among themselves exclusively.
Bitcoin is open-source; its design is public, no one possesses or controls Bitcoin and everybody can take part. Through a large number of its unique properties, Bitcoin allows exciting uses that couldn't be covered by any past payment system.
You can also buy a house with bitcoin, and it's not as hard as you may think.

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #145 on: June 26, 2018, 12:31:58 PM »
You just need one thing: For the buyer and seller to agree on exchanging bitcoin for the property.

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #146 on: June 27, 2018, 04:48:40 PM »
What is Bitcoin?

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

Bitcoin is the world's first cryptocurrency, a form of electronic cash. It is the first decentralized digital currency: the system works without a central bank or single administrato

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #147 on: June 27, 2018, 04:50:15 PM »
You just need one thing: For the buyer and seller to agree on exchanging bitcoin for the property.
With Arabian Escapes
You can also buy a house with bitcoin

Offline BestW1shes

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Re: What is Bitcoin?
« Reply #148 on: July 07, 2018, 12:39:57 PM »
With Arabian Escapes
You can also buy a house with bitcoin
It is a pity that not all countries have so far extended

Offline Isabella85

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Re: What is Bitcoin?
« Reply #149 on: July 16, 2018, 01:00:58 PM »
Thanks for such a thorough explanation! I found grasping the idea of cryptocurrencies rather difficult until now. We live in strange times.
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Re: What is Bitcoin?
« Reply #150 on: August 10, 2018, 06:03:15 AM »
Bitcoin is digital currency and is not owned by a central government or a central bank. It can be sent from one person to another person in the world throught internet, even to an unknown person. All the transaction details are stored in internet and there is no physical papers.
Blockchain Development
Blockchain Technology
ICO services

Offline bitbud

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Re: What is Bitcoin?
« Reply #151 on: August 10, 2018, 06:09:57 AM »
Some really nice explanations, thanks for that!
I needed this channel when I tried to explain my mum what bitcoin actually is - she thought I'm doing something illegal.
Hopefully I can bring her this topic closer now (:

Offline amadeussitoi

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Re: What is Bitcoin?
« Reply #152 on: August 13, 2018, 01:04:51 PM »
Some really nice explanations, thanks for that!
I needed this channel when I tried to explain my mum what bitcoin actually is - she thought I'm doing something illegal.
Hopefully I can bring her this topic closer now (:


Hahah, actually I'm not surprised mums can think so. Monero for example is used all over the Dark Net (where you can buy, share and sell anything illegal).


And yes, explanations here are very helpful, thanks to you all!

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #153 on: August 19, 2018, 05:01:59 PM »
What is Bitcoin?

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

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.

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Re: What is Bitcoin?
« Reply #154 on: August 19, 2018, 05:03:43 PM »
I always watch this video everytime I forgot what bitcoin is. Nice post. Thanks!
Bitcoin allows exciting uses that could not be covered by any previous payment system.

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #155 on: August 19, 2018, 05:06:25 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.
Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part[/size][/font][/size]. Through many of its unique properties.[/color]

Offline JosefinaCrane

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Re: What is Bitcoin?
« Reply #156 on: August 20, 2018, 10:42:42 AM »
I am a new to this forum and I am very much aware about the spamming, but what I came to when I was new, here is an article from investopedia, where they have a complete explanation  related to bitcoin confusion, as there are so many contents around the globe where you always find something new, but when its comes to the basic this one I really prefer to share.



www dot investopedia dot com / tech / what-is-bitcoin

Offline SarahApple

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Re: What is Bitcoin?
« Reply #157 on: August 21, 2018, 01:00:44 PM »
Thanks Josefina!

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Re: What is Bitcoin?
« Reply #158 on: August 24, 2018, 01:09:46 PM »
Bitcoin is first digital cryptocurrency

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Re: What is Bitcoin?
« Reply #159 on: August 29, 2018, 06:12:04 AM »
What is Bitcoin?

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



Hey nice, Thank you!
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Re: What is Bitcoin?
« Reply #160 on: September 10, 2018, 10:28:58 AM »
thank you all for such useful information!

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Re: What is Bitcoin?
« Reply #161 on: September 12, 2018, 03:35:51 PM »
Bitcoin is digital cash which eliminated one of the biggest disadvantages of digital cryptocurrencies faced before they took off, called double spending. With no intermediate authority to settle transactions and verify them, it was possible to spend the same funds twice.



Read full article here: coinswitch.co/info/bitcoin/what-is-bitcoin
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Re: What is Bitcoin?
« Reply #162 on: September 25, 2018, 02:33:38 AM »
Awesome!.....

Offline JosefinaCrane

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Re: What is Bitcoin?
« Reply #163 on: September 27, 2018, 08:21:36 AM »
In very simple terminology Bitcoin is a form of digital currency. It is considered to be the first form of digital currency or cryptocurrency. Unlike our regular currency it is not issued or controlled by central authority such as banks or financial institutions. As per the information mentioned on the website Bitcoin.org Bitcoin means:- Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.

Offline lynkarya

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Re: What is Bitcoin?
« Reply #164 on: October 02, 2018, 05:08:31 AM »
A longer article on bitcoin features https://ninja.org/blog/what-is-bitcoin/

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Re: What is Bitcoin?
« Reply #165 on: October 02, 2018, 09:52:41 AM »
VERY helpful topic!

Offline swminershop.com

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Re: What is Bitcoin?
« Reply #166 on: October 03, 2018, 12:26:19 PM »
very helpful

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Re: What is Bitcoin?
« Reply #167 on: October 08, 2018, 11:52:15 AM »
Bitcoin is a cryptocurrency, or a digital currency, that uses rules of cryptography for regulation and generation of units of currency. Bitcoin is the talk of the town these days. This sent a negative signal to the world in relation to Bitcoin.

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Re: What is Bitcoin?
« Reply #168 on: October 25, 2018, 06:43:41 AM »
hello i am new member and i am still understanding what bitcoins are *sorry for bad english
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Offline AndrejWarhola

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Re: What is Bitcoin?
« Reply #169 on: October 26, 2018, 11:24:59 AM »
To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as "bitcoin."


The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren't printed, like dollars or euros – they're produced by computers all around the world, using free software.


It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography.

Offline emma.lee1890

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Re: What is Bitcoin?
« Reply #170 on: October 28, 2018, 05:33:06 PM »
Each Bitcoin is basically a computer file which is stored in a 'digital [/size]wallet[/color][/size]' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital [/color][/size]wallet[/color][/size], and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the [/color][/size]block chain[/color]

Offline shariarporosh

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Re: What is Bitcoin?
« Reply #171 on: October 29, 2018, 06:44:09 AM »
very informative post, thanks for sharing with us this valuable info, now I have got a clear concept about It.  I appreciate

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Re: What is Bitcoin?
« Reply #172 on: October 31, 2018, 09:30:53 AM »
Bitcoin become the reserve currency of the world
-- No clue, but I bet a bunch of people hopes so

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Re: What is Bitcoin?
« Reply #173 on: November 09, 2018, 05:29:57 PM »
Nice Video, Thanks for sharing
Invest In Cryptocurrency The Right Way http://bit.ly/next_exploding_coin

Offline coinologist

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Re: What is Bitcoin?
« Reply #174 on: November 13, 2018, 12:06:29 PM »
Great information, Thank you!

Offline AndrejWarhola

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Re: What is Bitcoin?
« Reply #175 on: November 15, 2018, 12:33:50 PM »

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Re: What is Bitcoin?
« Reply #176 on: November 24, 2018, 07:56:15 PM »
Many useful links. Thanks guys

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Re: What is Bitcoin?
« Reply #177 on: November 27, 2018, 01:59:09 AM »
hello. i am new here. its a good thing i watch the video. very informative and gives me an idea of how bitcoin runs in the digital web today. i hope i can learn more thank you

Offline Areding

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Re: What is Bitcoin?
« Reply #178 on: November 27, 2018, 09:14:08 AM »
For me, cryptocurrency is a way to quickly pay off someone, without spending on significant commissions. I know for sure that my transfer will quickly reach any country and will not be delayed for several days or weeks by a bank employee. As a bonus, the crypt also allows you to pay anonymously.

Offline cryptocrazy247

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Re: What is Bitcoin?
« Reply #179 on: December 02, 2018, 06:28:41 AM »
well said  :) :)
cryptocrazy247

Offline Tatyana

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Re: What is Bitcoin?
« Reply #180 on: December 03, 2018, 02:32:04 PM »
In nowadays cryptocurrency is not more then exchange money between rich people, politicians, criminals and luckies, who invested money in right time in right place.

This is my own subjective opinion, but in my country this type of payment is only for middle and upper class people. I hope it'll change in near future.

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Re: What is Bitcoin?
« Reply #181 on: December 27, 2018, 04:30:46 AM »
Bitcoin was invented by Satoshi Nakamoto in 2009. Bitcoin is a cryptocurrency, or a digital currency, that uses rules of cryptography for regulation and generation of units of currency. Bitcoin falls under the scope of cryptocurrency and was the first and most valuable among them. It is commonly called a decentralized digital currency.
At the current moment in time, Bitcoin is hovering around $6,500, remaining relatively flat over the last 30 days.

 

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Re: What is Bitcoin?
« Reply #182 on: January 07, 2019, 09:12:01 AM »
Bitcoin is a decentralized, peer-to-peer electronic crypto currency. There is no governing body or issuing authority for Bitcoin. Bitcoin network operates on cryptographic protocol and the public database is fault tolerant and resistance to corruption. Bitcoin network operateswithout a central repository or a centralized administration and the transactions directly takes place between users. 

Bitcoins can be converted to other real world currencies and can be used for payment. Bitcoins are created by mining. Mining is the process by which volunteers known as miners lend their computing power to verify transactions and record them in a public ledger. Miners keep the network secure.
kavya sahu

Offline michaellyamm

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Re: What is Bitcoin?
« Reply #183 on: January 14, 2019, 10:03:35 AM »
Bitcoin is a crypto-currency with a innovative payment network that forms a decentralized, peer-to-peer payment system, without the control of any centralised authority.

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Re: What is Bitcoin?
« Reply #184 on: January 25, 2019, 10:48:12 PM »
A Kiwi comedian just did a new comedy sketch about BTC. It's actually really funny and true too. Makes you realise that even a lot of people who invest in BTC don't understand what it is! Worth a watch:
index=1&list=PL0l0jMOUtacv-WO-QDgy7PUuOlcRc51PE

Offline Norman

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Re: What is Bitcoin?
« Reply #185 on: February 18, 2019, 02:50:25 PM »
Bitcoin is new money.



Offline anyything

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Re: What is Bitcoin?
« Reply #188 on: March 19, 2019, 09:11:20 AM »
thanku. this information had been useful for me :) :) ;) :D ;D

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Re: What is Bitcoin?
« Reply #189 on: March 20, 2019, 01:36:41 PM »
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from devotee to user re the peer-to-peer Bitcoin network without the dependence for intermediaries

Offline popeye

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Re: What is Bitcoin?
« Reply #190 on: March 21, 2019, 10:12:48 PM »
new generation of decentralized digital currency, created and working only on the Internet))

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Re: What is Bitcoin?
« Reply #191 on: March 22, 2019, 09:50:46 PM »
This thread is great, there are so many good information here.
Good job!

Offline maks-ivanov89

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Re: What is Bitcoin?
« Reply #192 on: March 24, 2019, 08:38:05 PM »
Hello, everyone, how are you doing? I trade bitcoin, and I would like to know your thoughts on the future direction of the coin?
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Offline enzio23

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Re: What is Bitcoin?
« Reply #193 on: March 25, 2019, 07:31:25 AM »

With kids learning common core math they'll be able to explain to their parrents one day

Offline maks-ivanov89

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Re: What is Bitcoin?
« Reply #194 on: March 27, 2019, 05:55:51 PM »
The main thing is that they will understand in the future
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Offline RaimondRandom

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Re: What is Bitcoin?
« Reply #195 on: March 28, 2019, 11:11:57 AM »
HODL!!!

Offline Peter Jack

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Re: What is Bitcoin?
« Reply #196 on: May 02, 2019, 11:51:53 AM »
What is Bitcoin Wallet?
A crypto wallet or bitcoin wallet is similar as bank account. It permits you to add, store and send bitcoins and altcoins. These wallets contain addresses, private keys, public keys, and hash keys that allows you to transact on the network.
Multiple types of bitcoin wallets are available in the market to trade bitcoin:
1. Desktop Based
2. Hardware Based
3. Mobile Based
4. Web Based


Why Bitcoin Wallet?
Complete control over private keys – A crypto wallet where you own and control your keys.
Backup & security – Seed backup keys, addresses, and pin codes.
User-friendly – Elegant UI for fast and easy use.
Cross-device wallet – Compatible on different operating systems.

Offline OllieCrypto

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Re: What is Bitcoin?
« Reply #197 on: May 11, 2019, 05:54:05 AM »
bitcoin is lifeeeeeeeeeee
at least, it might change some peoples lives by showing them that government approval isn't necessary for their currencies.
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Offline mybitmix

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Re: What is Bitcoin?
« Reply #198 on: May 15, 2019, 11:35:19 PM »
Bitcoin change live of many people! I hope btc price will be high!

Offline Dannev

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Re: What is Bitcoin?
« Reply #199 on: May 20, 2019, 04:19:06 PM »
Thanks for this video. It's quite useful.

Offline bart8e

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Re: What is Bitcoin?
« Reply #200 on: May 29, 2019, 09:13:55 AM »
That's very broad topic. To me - Bitcoin is the currency of the future

Offline killy_93

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Re: What is Bitcoin?
« Reply #201 on: May 29, 2019, 10:17:52 AM »
That's very broad topic. To me - Bitcoin is the currency of the future
Well, maybe, but I'm 100% sure that this is still distant future. For now, Bitcoin is only a virtual money, it doesn't exist to many many people

Offline ExchangeRatesPro

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Re: What is Bitcoin?
« Reply #202 on: May 29, 2019, 12:44:55 PM »
For some, Bitcoin IS the Future =)
Real-time #Bitcoin & #Cryptocurrency price comparison: finding the best rates to buy, sell, exchange 34 crypto + 152 fiat currencies @ 255 countries @ exchangerates.pro

Offline Lily_Olive

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Re: What is Bitcoin?
« Reply #203 on: May 29, 2019, 10:44:21 PM »
Well very informative post..
Bitcoin is a digital assets  in form of currency...

Offline Mermaid

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Re: What is Bitcoin?
« Reply #204 on: June 07, 2019, 11:15:29 PM »
For some, Bitcoin IS the Future =)


I guess, not for some - already fo many

Offline Paul88

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Re: What is Bitcoin?
« Reply #205 on: June 12, 2019, 02:01:11 PM »
Well, maybe, but I'm 100% sure that this is still distant future. For now, Bitcoin is only a virtual money, it doesn't exist to many many people
Exactly.
Virtual money.
Acceptance, Usage in the real world.
As for now, Bitcoin is a currency substantially only within the cryptosphere

Offline Fereyjo

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Re: What is Bitcoin?
« Reply #206 on: June 20, 2019, 07:59:06 PM »
Some consider Bitcoin to be the future currency, and I prefer to live for today and not to depend on the rate of digital currency)

Offline Walahala 777

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Re: What is Bitcoin?
« Reply #207 on: July 05, 2019, 08:34:53 AM »
What is Bitcoin?

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


Offline Antony Jax

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Re: What is Bitcoin?
« Reply #208 on: July 06, 2019, 08:36:23 AM »
Really interesting! thank you

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Re: What is Bitcoin?
« Reply #209 on: July 08, 2019, 01:25:13 PM »
Bitcoin is just a set of characters and code records that's all
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Offline Ivette80

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Re: What is Bitcoin?
« Reply #210 on: July 14, 2019, 10:11:37 AM »
What is Bitcoin?

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



WOW thank you!

Offline sakalabid77

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Re: What is Bitcoin?
« Reply #211 on: July 15, 2019, 10:48:34 AM »
bitcoin very most!
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Offline Ivette80

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Re: What is Bitcoin?
« Reply #212 on: July 16, 2019, 09:55:54 AM »
Bitcoin is just a set of characters and code records that's all


It seems tha everyone can create a new crypto,in my idea is so complicated!

Offline lanevsky

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Re: What is Bitcoin?
« Reply #213 on: July 19, 2019, 12:26:27 PM »
Bitcoin is one of the most powerful cryptocurrency. Due its decentralization can push traditional approaches to cash flow control to the back of the board.

Offline SrinivasanP

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Re: What is Bitcoin?
« Reply #214 on: July 31, 2019, 05:50:15 PM »
I always watch this video everytime I forgot what bitcoin is. Nice post. Thanks!
Every new user in cryptocurrency seeking answer of the question. Thanks for uploading the video.

Offline Chilli19

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Re: What is Bitcoin?
« Reply #215 on: August 05, 2019, 10:02:31 AM »
 you can pay with Bitcoin in KFC!  have you seen this?

Offline killy_93

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Re: What is Bitcoin?
« Reply #216 on: August 06, 2019, 01:54:07 PM »
Bitcoin is one of the most powerful cryptocurrency. Due its decentralization can push traditional approaches to cash flow control to the back of the board.
That's right, Bitcoin is powerful. I strongly believe that cryptocurrencies (including Bitcoin) are our future!

Offline smithclark124

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Re: What is Bitcoin?
« Reply #217 on: August 08, 2019, 07:29:27 AM »
simple a money that you did't have.  :P  By the way really a great idea of Bitcoins in cryptocurrency.
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Offline Ivette80

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Re: What is Bitcoin?
« Reply #218 on: August 08, 2019, 09:29:30 AM »
Bitcoin? The new era money.


maybe could be,the important is to buy it in the right moment!

Offline hiepnguyen18792

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Re: What is Bitcoin?
« Reply #219 on: August 15, 2019, 03:10:39 AM »
just trust and hold bitcoin
Trang thông tin bitcoin và tiền điện tử  <a href="*Link Removed*;

Offline idena

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Re: What is Bitcoin?
« Reply #220 on: September 07, 2019, 02:05:20 AM »

Thanks.

Is there forum section dedicated to wallets?

Offline AskGamblers

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Re: What is Bitcoin?
« Reply #221 on: September 18, 2019, 09:53:32 AM »
Bitcoin is the light at the end of the tunnel.

Offline davidbspin

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Re: What is Bitcoin?
« Reply #222 on: September 27, 2019, 04:34:46 AM »
Thanks for the info.

Offline Adalberto

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Re: What is Bitcoin?
« Reply #223 on: October 01, 2019, 05:13:46 PM »
good info and links, thanks for sharing

Offline VCC_Exchange

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Re: What is Bitcoin?
« Reply #224 on: October 04, 2019, 08:27:45 AM »
I think that definition is still a little bit too simplified and may be misleading. Transferring money through blockchain may have low fees and decentralized, but for people who don't know how to code, they still have to rely on third-party with somewhat kind of fees. Am I right?

Offline Harryhwilliam

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Re: What is Bitcoin?
« Reply #225 on: October 07, 2019, 08:36:34 AM »
What is today's BTC Predication so that I can buy on Crypto Exchange Platform?

Offline bossmarket1

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Re: What is Bitcoin?
« Reply #226 on: October 10, 2019, 04:57:07 PM »

Is BTC Predication Safe For Investment?

Offline trader88

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Re: What is Bitcoin?
« Reply #227 on: October 11, 2019, 07:09:35 AM »
Yeah great video! Has someone here bought anything from a bitcoin?

Offline Harryhwilliam

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Re: What is Bitcoin?
« Reply #228 on: October 15, 2019, 10:55:12 AM »
Satoshi Nakamoto created this foremost cryptocurrency of  the world Bitcoin by the pseudo name  in the early 2008. He hided his identity in the time of creating this digital gold and is still mysterious. Nobody can tell you who he is. Bitcoin was used some time later from its introduction in 2009 by the crypto enthusiasts across some part of the world.

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Re: What is Bitcoin?
« Reply #229 on: October 18, 2019, 11:58:03 AM »
Bitcoin is a digital/[/size]virtual[/color][/size] currency like any currency it can be exchanged for other currencies. The easiest way to get bitcoins is just to buy them on an exchange[/color][/size]. [/color][/size]A [/color][/size]currency[/color][/size] code is generally built from the two-digit ISO 3316 country code and a third letter for the [/color][/size]currency[/color][/size]. [/color]

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Re: What is Bitcoin?
« Reply #230 on: October 31, 2019, 10:45:50 AM »
11 years down the line since the Bitcoin whitepaper has been published! That`s pretty solid when we see how much effort has been put in into the crypto sphere and Bitcoin development itself.
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Offline seekingtrader

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Re: What is Bitcoin?
« Reply #231 on: November 01, 2019, 06:10:25 AM »
Is BTC Predication Safe For Investment?
Of course it is.
 

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Re: What is Bitcoin?
« Reply #232 on: November 06, 2019, 07:28:46 AM »
Niche info, Bitcoin (₿) is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user
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Offline rossy0309

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Re: What is Bitcoin?
« Reply #233 on: November 12, 2019, 08:32:40 AM »
did someone find something about satoshi nakamoto?
i mean something relevant not rumors
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Offline Jace1

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Re: What is Bitcoin?
« Reply #234 on: November 14, 2019, 11:20:27 AM »
did someone find something about satoshi nakamoto?
i mean something relevant not rumors
no solid evidence yet

Offline daianapotter

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Re: What is Bitcoin?
« Reply #235 on: November 15, 2019, 06:08:35 PM »
did someone find something about satoshi nakamoto?
i mean something relevant not rumors


I think we will never know who he/she really was.

Offline filc321

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Re: What is Bitcoin?
« Reply #236 on: November 19, 2019, 10:05:39 PM »
Bitcoin has not badly risen  all this time.

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Re: What is Bitcoin?
« Reply #237 on: November 22, 2019, 11:41:21 AM »
Nice post .  Thanks for sharing such a information.

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Re: What is Bitcoin?
« Reply #238 on: January 03, 2020, 05:37:10 PM »
in love bitcoin.
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Re: What is Bitcoin?
« Reply #239 on: January 12, 2020, 01:25:49 PM »
hey, great post boss!
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Re: What is Bitcoin?
« Reply #240 on: January 18, 2020, 05:23:58 AM »
Bit coin is a digital currency which doesn't need any banking system
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Offline wesley3WZ

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Re: What is Bitcoin?
« Reply #241 on: April 06, 2020, 12:36:58 AM »
What I wonder is, who is a the creator of BTC ?

Offline praxantpacific

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Re: What is Bitcoin?
« Reply #242 on: April 11, 2020, 07:36:54 PM »
Bitoin, the first cryptocurrency, is a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments to make financial transactions. :) :)

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Re: What is Bitcoin?
« Reply #243 on: April 15, 2020, 10:05:03 PM »
Thanks for share the video.
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Offline Frank876

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Re: What is Bitcoin?
« Reply #244 on: April 21, 2020, 12:05:53 PM »
Bitcoin is the most popular cryptocurrency, it is a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin blockchain network without the need for intermediaries. It is mostly used for online payment, electronically if there is an agreement between buyers and sellers.

Offline bloggo

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Re: What is Bitcoin?
« Reply #245 on: April 28, 2020, 09:55:57 AM »
Bitcoin - it is the thing, which showed us that money can be used in another way.
Many years people thought, that only fiat money, oil and gold can cost something. But it's not true. Even some digital things, which you can touch and see can cost something.

Offline ChelliSo

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Re: What is Bitcoin?
« Reply #246 on: May 01, 2020, 07:03:12 PM »
In short, Bitcoin is a virtual currency or reference to technology. You can make transactions by check, transfer, or cash. You can also use Bitcoin (or BTC), where you direct the buyer to your signature, which is a long line of security code encrypted with 16 different symbols. The buyer decodes the code with his or her smart phone to get your crypto-currency. In other words, crypto-currency is an exchange of digital information that allows you to buy or sell goods and services. The transaction acquires its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file sharing system.

Offline GGLex

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Re: What is Bitcoin?
« Reply #247 on: May 01, 2020, 09:27:09 PM »
Nice info! thanks

Sometimes I have troubles defining bitcoin to other people, this video makes things easier

Offline NutMEX

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Re: What is Bitcoin?
« Reply #248 on: May 06, 2020, 12:42:57 PM »
It is a lifeboat for the economy during the crisis

Offline Dan_D

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Re: What is Bitcoin?
« Reply #249 on: May 15, 2020, 07:16:11 AM »
Thanks for valuable info!
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Offline Shital

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Re: What is Bitcoin?
« Reply #250 on: May 15, 2020, 09:36:37 AM »
Bitcoin was invented by someone using the name Satoshi Nakamoto. It is a digital and global money system currency which allows people to send/receive money across the internet, even to someone they don't know. Money can be exchanged without being linked to a real identity.

Offline Johnkite

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Re: What is Bitcoin?
« Reply #251 on: May 26, 2020, 06:57:35 AM »

In the field of blockchain, people usually misunderstand and confuse between terms like bitcoin and blockchain. Even though both are related to each other, there is a huge difference between their roles. The vast majority of people who know about blockchains, from around the world think that both words are the same, but, as a matter of fact, one is a complementary factor to another. The term bitcoin came from the bitcoin blockchain. There are a lot of misconceptions among people about how cryptocurrency is related to the blockchain.
The word bitcoin was first introduced in the world of blockchain by an anonymous person called Satoshi Nakamoto, whose origins still remain unknown.  The term bitcoin was penned for the world's first-ever blockchain called “Bitcoin” blockchain in which Nakomoto introduced the world’s first decentralized cryptocurrency also named the same. Now the first blockchain was invented and named as bitcoin, the bitcoin cryptocurrency was running smoothly on the bitcoin blockchain. The whole world got interested in the newly arrived cryptocurrency and all started to buy it.As the demand is directly proportional to the price the wide demand for the first cryptocurrency got purged and it reached its peak. The price purge of the bitcoin was a tremendous surprise for the entire world. It also attracted investors around the globe to make a big-time investment.At that time when everyone was so busy buying bitcoin, another blockchain got introduced to the market called Ethereum. The ethereum was more advanced than the bitcoin blockchain in terms of software development. It introduced a feature called “smart contract” which was a viable source for the entire software development field.After the arrival of many more blockchain, the confusion between blockchain and bitcoin also rose. Many people around the globe began to interpret that the blockchain and the bitcoin are the same.
Reference : Blockchain EXPERT Blogs

Offline farelbaru33

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Re: What is Bitcoin?
« Reply #252 on: June 11, 2020, 08:17:40 AM »
Bitcoin is a currency that has a lot of interest, I'm very interested in talking about bitcoin, thank you for being reminded about bitcoin.

Offline ZenQual

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Re: What is Bitcoin?
« Reply #253 on: June 24, 2020, 11:17:38 PM »
Bitcoin is a currency that has a lot of interest, I'm very interested in talking about bitcoin, thank you for being reminded about bitcoin.
This is undoubtedly the case, especially the charts as it fluctuates today is a good reminder to me.
I am fond of trading and exchanging cryptocurrenci

Offline cheapshop

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Re: What is Bitcoin?
« Reply #254 on: June 30, 2020, 10:55:54 PM »
nice . i like this video

Offline Davidson1987

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Re: What is Bitcoin?
« Reply #255 on: July 03, 2020, 10:22:49 AM »
Thank you for the info

Offline tyuk

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Re: What is Bitcoin?
« Reply #256 on: August 11, 2020, 09:01:24 AM »
Bitcoin is the most powerful and expensive cryptocurrency in the world.
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Re: What is Bitcoin?
« Reply #257 on: August 26, 2020, 12:42:54 PM »
Thanks for great information!  :)

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Re: What is Bitcoin?
« Reply #258 on: August 26, 2020, 01:09:54 PM »
Nice video, very good for learning about Bitcoin

Offline Tiffany

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Re: What is Bitcoin?
« Reply #259 on: September 03, 2020, 08:37:35 AM »
« Last Edit: September 19, 2020, 06:15:34 PM by bitcoinforum.com, Reason: video format »

Offline Selina Mary

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Re: What is Bitcoin?
« Reply #260 on: September 07, 2020, 07:01:01 AM »
What is Bitcoin?

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



Bitcoin is a digital currency.

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Re: What is Bitcoin?
« Reply #261 on: September 16, 2020, 12:48:46 PM »
Wikipedia, of course, is correctly written, but over the past couple of years, bitcoin has become very popular both as a means of trade and a means of payment.

Offline mzk23

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Re: What is Bitcoin?
« Reply #262 on: September 21, 2020, 05:59:39 PM »
It's a nice video, but IMHO it needs a little update.
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Offline 24ATM

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Re: What is Bitcoin?
« Reply #263 on: September 22, 2020, 12:17:10 PM »
this is already known to almost everyone, since bitcoin is becoming the world currency

Offline gabrielm

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Re: What is Bitcoin?
« Reply #264 on: October 07, 2020, 04:25:54 AM »
Hello everyone, here I have just registered in the forum and I have found it incredible in terms of bitcoin, it seems to me today is the best way to invest our money with great possibilities of doubling our money in the future, for example it fascinates me this way of investing and whenever I can I am in constant investment

Offline My24pay

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Re: What is Bitcoin?
« Reply #265 on: November 16, 2020, 09:02:12 PM »
Bitcoin is the king of cryptocurrency)

Offline Wit-Ku

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Re: What is Bitcoin?
« Reply #266 on: November 25, 2020, 09:21:43 AM »
Bitcoin is a digital currency that you can use to buy, place orders online, send money to anyone you want anywhere in the world, or even consider it as an investment.
The kites always rise with adverse winds.

Offline ScottyP

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Re: What is Bitcoin?
« Reply #267 on: December 05, 2020, 03:26:47 PM »
Thank you a lot for sharing this info!

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Re: What is Bitcoin?
« Reply #268 on: December 06, 2020, 03:55:57 PM »
I think by now everyone here know what BTC is.I just wonder how it will develop from now on.

Offline AnaBC

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Re: What is Bitcoin?
« Reply #269 on: December 09, 2020, 03:32:55 PM »
It's exactly the type of video you can show to a parent if they have questions about the big-bad-wolf that is Bitcoin and blockchain technology. Very easy to understand!

Offline MerraN

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Re: What is Bitcoin?
« Reply #270 on: January 07, 2021, 07:55:11 AM »
Hi everyone. I am a new member in this area and I have started my work as a journalist... I'd like to know this industry better and I would love to start writing articles about the whole Crypto world. Hope I could use your help there if necessary. Thanks to you all.

Offline CameronAlsop

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Re: What is Bitcoin?
« Reply #271 on: January 14, 2021, 10:54:58 AM »
THank for explaining this in a video, it is much easier to understand

Offline lovelydaytoday

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Re: What is Bitcoin?
« Reply #272 on: January 18, 2021, 03:15:57 PM »
thanks so much for explaining this. Appreciate the effort.

Offline FXOpen Trader

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Re: What is Bitcoin?
« Reply #273 on: January 19, 2021, 05:59:24 AM »
yes this is a Nice and Informative definition about the Bitcoin

Offline ismcapitals

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Re: What is Bitcoin?
« Reply #274 on: January 24, 2021, 11:29:05 AM »
Yes bro you are right

Offline Wanjoina

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Re: What is Bitcoin?
« Reply #275 on: February 02, 2021, 10:07:39 PM »
Bitcoin is first digital cryptocurrency

Offline Blockchain Advisors

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Re: What is Bitcoin?
« Reply #276 on: March 03, 2021, 03:38:06 PM »
What is Bitcoin?

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



thanks for sharing. I will share it to others too so that they can easily understand what Bitcoin is

Offline Nayana Patil

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Re: What is Bitcoin?
« Reply #277 on: March 19, 2021, 10:25:45 AM »
Thank you for sharing such valuable information.

Offline Nayana Patil

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Re: What is Bitcoin?
« Reply #278 on: March 19, 2021, 10:36:24 AM »
Thank you for the topic, it was greatly explained

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Re: What is Bitcoin?
« Reply #279 on: March 21, 2021, 05:40:59 PM »
Bitcoin is a cryptocurrency that will only develop

Offline KateAlex

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Re: What is Bitcoin?
« Reply #280 on: March 23, 2021, 05:04:46 PM »
Cool! Thank you

Offline Jurodda

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Re: What is Bitcoin?
« Reply #281 on: April 16, 2021, 10:01:15 AM »
Bitcoin - a very complex Process. Well, there are those that can be very easy to explain complicated things.

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Re: What is Bitcoin?
« Reply #282 on: April 24, 2021, 04:53:14 PM »
Bitcoin is a virtual currency created and stored in cyberspace without any controlling authority. Unlike euros or dollars, bitcoins are not printed. On the contrary, this currency is produced by individuals and businesses, also known as bitcoin digging farms, which have become increasingly popular recently. The production uses computer resources and special software that solves various mathematical tasks.
Bitcoins can be used to pay for online purchases. In this respect, the cryptocurrency is equivalent to conventional currencies such as the euro or the dollar, which are also used in cyberspace.

The main feature that distinguishes it from traditional currencies is decentralization. As we have already mentioned, there is no single institution that controls the money-making process. For some people, this seems like a big advantage, as no huge bank can control their money.

Is there a limit to the "excavation" of bitcoins?

Really so. According to the protocol (rules followed by the currency network), the maximum number of "excavated" bitcoins is 21 million. Be that as it may, this electronic currency can be broken down into smaller units. The smallest possible unit is one hundred millionth of bitcoin, named Satoshi in honor of the founder.

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Re: What is Bitcoin?
« Reply #283 on: April 24, 2021, 04:58:15 PM »
There are several important features that fundamentally distinguish cryptocurrencies from traditional currencies.

Decentralization
The bitcoin network is not controlled by a single central body. Each computer that "digs" the currency and confirms payments contributes to the operation of the network, so the whole network consists of many individual entities and manages the currency. This means that one central government cannot make changes that have dire consequences or deprive people of money, as the European Central Bank did in Cyprus in 2013. Even if any part of the network disconnects from the Internet, the circulation of money does not stop.
Easy to get started
Traditional banks force people to go through many different procedures just to open a bank account. To open an account for payments or trade, people have to overcome even bigger mazes of bureaucracy. It only takes a few moments to open a bitcoin account and it costs nothing.
Anonymity
Users may have multiple bitcoin wallets that are not associated with their name, address of residence, or other personal information. This by no means means that you can get rid of responsibility for your actions.
Transparency
Every order made with bitcoin currency is recorded and stored in a huge database called a blockchain. If you use a bitcoin wallet in public, anyone who wants to can find out how much money is or has been in it, but no one can find out who owns it. There are certain actions that people can take to hide their activities on the bitcoin network. For example, do not use the same address for multiple orders or transfer many bitcoins to the same address.
Price of payments
One of the main advantages of bitcoins was the low cost of payment orders, but with the sharp increase in the number of transfers in this currency, the price of transfers also increased significantly. The Bitcoin community is currently looking for solutions to eliminate this problem.
Sparta
Payment in bitcoin currency will reach the recipient as soon as the currency network processes the payment information. Theoretically, the duration of the order should be only a few minutes, but due to the high loads of the plaster, the orders currently take significantly longer.
The possibility to recover the order does not exist
When bitcoins leave the wallet, there is no going back. Unless the recipient himself returns them back.

Offline Shital

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Re: What is Bitcoin?
« Reply #284 on: May 05, 2021, 02:16:18 PM »
Bitcoin is a cryptographic money designed in 2008 by an obscure individual or gathering of individuals utilizing the name Satoshi Nakamoto. The cash started use in 2009 when its execution was delivered as open-source programming.

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Re: What is Bitcoin?
« Reply #285 on: May 11, 2021, 08:41:46 PM »
Bitcoin is a type of cryptocurrency. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to. All bitcoin transactions are verified by a massive amount of computing power.

Offline justinpeter

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Re: What is Bitcoin?
« Reply #286 on: May 12, 2021, 01:06:00 AM »
I am very glad to watching this informative video about blockchain technology! thanks all

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Re: What is Bitcoin?
« Reply #287 on: May 26, 2021, 07:34:28 AM »
Would you like to buy BTC -60% discount?

I want to launder these bitcoins, I'm in China and I want
to exchange them to another user who can get a benefit from
these bitcoins product hacks. Sion more than 261 Bitcoins product of the Bitfinex hack. I'll change at 60.%
discount each Bitcoin for other cryptocurrencies (example:
for every $ 10,000 you send others
cryptocurrencies I will send 25,000 USD in Bitcoin)

I do this so I can use clean cryptocurrencies and
that other people make money because the pandemic is gone
many poor people in the world.

it's over $ 9 million in Bitcoin. lots of money to wash.


3PrNGUWxfUFkQN15PkTcjXYb2HWcF8VHN8

261.24222337 BTC
Contact: zedt953@onionmail.org
Telegram: @minotaur45

Offline Change Hero

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Re: What is Bitcoin?
« Reply #288 on: May 26, 2021, 12:38:11 PM »
What is Bitcoin?

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



Have you guys heard about the ChangeHero? An instant cryptoexchnage platform! Totally approved! Check my profile for the link!

Offline AnastasiiaGrid3892

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Re: What is Bitcoin?
« Reply #289 on: May 27, 2021, 01:56:20 PM »
Thanks for information. In addition, I would recommend you to read this article, it's quite useful: https://baxity.com/how-to-withdraw-bitcoins-to-a-bank-account [nofollow]

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Re: What is Bitcoin?
« Reply #290 on: June 01, 2021, 04:22:56 AM »
I have the 261Bitcoins wallet of the Bitfinex Hack 2016

In August 2016, Bitfinex announced devastating news. The hackers had infiltrated the popular Hong Kong-based exchange and stole 119,756 bitcoin worth approximately $ 72 million in the largest hack of its kind to date. Since then, hackers (Us) have sold much of those BTC through obscure deals and below market prices.

This time I have access to more than 261 BTC from that portfolio. and I want to sell them. Exchange for other cryptocurrencies, I know this post will cause a stir and possibly the administrator will remove it and be banned from this forum, but before that, I leave my contact at Onionmail.org for us to make the deal, I want to exchange BTC for other cryptocurrencies that offer a 50% discount%

It is evident that I cannot send these BTC to an exchange because they would be blocked, so I turn to this forum to launder BTC .
I only handle one contact and it is for serious inquiries: sershr@onionmail.org
Telegram: @minotaur45

Offline coindavid

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Re: What is Bitcoin?
« Reply #291 on: June 01, 2021, 07:43:03 AM »
What is Bitcoin?

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



Thanks for your nice Video about Bitcoin.

Offline ronaldomadina

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Re: What is Bitcoin?
« Reply #292 on: June 01, 2021, 07:46:35 AM »
So, Now you can do reliable and secure investment on this platform of Firebird247, which is a combination of worldwide traders who stop the damage from the foreign exchange market and provide investors with stable profit returns. Invest in the most valuable market in the world and make the most profit and start earning profit with safety now.


Offline Shital

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Re: What is Bitcoin?
« Reply #293 on: June 02, 2021, 06:28:01 PM »
I feel like trading in Forex is still a bit less risky than investing it in Bitcoin. There is no doubt the element of risk present in Forex Trading, but at least we could predict it somewhat with Trading strategies. 

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Things To Know About The Best Investment Company
« Reply #294 on: June 15, 2021, 11:21:38 AM »

Well, now you can do reliable and secure investment on the platform of Firebird247, which is a combination of worldwide traders who stop the damage from the foreign exchange market and provide investors with stable profit returns. Invest in the most valuable market in the world and make the most profit and start earning profit with safety now.




Offline CryptoStar19

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Re: What is Bitcoin?
« Reply #295 on: June 17, 2021, 02:21:03 PM »
Bitcoin is the hardest soundest store of value in the world. It's the best investment option we have had in years and a certainty in terms of tremendous ROI over time. We should all be grateful bitcoin exists, furthermore we should all be grateful that we have the privilege of knowing about bitcoin while it's still in relatively early stages of adoption.

Offline CryptoStar19

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Re: What is Bitcoin?
« Reply #296 on: June 22, 2021, 01:42:48 PM »
Bitcoin is the financial savior that is accessible to the average joe... it's the great economic equalizer of our generation.

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Re: What is Bitcoin?
« Reply #297 on: June 24, 2021, 05:57:38 PM »
Each Bitcoin is considered to be a computer file which would be stored in a 'digital wallet' app on a smartphone or computer. People could be sending Bitcoins or even part of it to your digital wallet, and you could send Bitcoins to other people. Every single transaction would be recorded in a public list known as the blockchain.

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Re: What is Bitcoin?
« Reply #298 on: July 03, 2021, 09:15:34 AM »
Graphic Design Course Helpful in designing visual content to convey knowledge to a huge audience. It is a combination of Communication and Graphic Design and is presented with the help of photographs, colors, typography, pictures, and icons in a form of Visual Content.

Offline Shital

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Re: What is Bitcoin?
« Reply #299 on: July 06, 2021, 05:39:45 PM »
Bitcoin is considered to be basically a computer file that would be stored in a 'digital wallet' app on a computer or smartphone. People could send Bitcoins to your digital wallet, and you could send Bitcoins to other people. Every single transaction is considered to be recorded in a public list which is known as the blockchain.

Offline sakurakimura1012

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Re: What is Bitcoin?
« Reply #300 on: July 14, 2021, 06:20:29 AM »
Some countries and cities could use Bitcoin as a legal currency for trading. But most of them are not. As time went by, I believe the virtual currency will be used to replace the physical money. And now, what is NFT and is it related to Bitcoin?

Offline CryptoStar19

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Re: What is Bitcoin?
« Reply #301 on: July 14, 2021, 01:33:59 PM »
Bitcoin's in the world's first digital store of value.

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Re: What is Bitcoin?
« Reply #302 on: July 16, 2021, 05:24:02 PM »
Bitcoin is a decentralized digital currency that you would be able to purchase, sell and exchange directly, without an intermediary such as a bank.

Offline Culttoday

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Re: What is Bitcoin?
« Reply #303 on: July 21, 2021, 10:02:50 AM »
Bitcoin is high-level money made in January 2009. It follows the considerations set out in a whitepaper by the bewildering and pseudonymous Satoshi Nakamoto.  The identity of the individual or people who made the innovation is as yet a secret. Bitcoin offers the guarantee of lower exchange charges than conventional online installment instruments and, not at all like officially sanctioned monetary standards, it is worked by a decentralized position.
Bitcoin is a sort of cryptographic money. There is no physical bitcoin, just correspondence kept on a freely available report that everyone has direct permission to. All bitcoin trades are affirmed by a huge proportion of handling power. Bitcoin isn't given or supported by any banks or governments, nor is an individual bitcoin important as an item. In spite of its anything but being legitimate delicate in many pieces of the world, bitcoin is famous and has set off the dispatch of many other cryptographic forms of cash, overall implied as altcoins. Bitcoin is ordinarily contracted as "BTC."

Offline NoPanic007

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Very little in this life can compare with the joy of winning a grand prize in a play internet sweepstakes at home from the comfort of your home. This is the ultimate advantage of gambling with the top online sweepstake casinos. The fun never stops, and the prizes keep getting better and better; once you identify the best games to focus your chances on. Many gamblers are looking for a way to earn real money through amazing online sweepstakes games.
 

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Re: What is Bitcoin?
« Reply #305 on: July 26, 2021, 05:53:26 PM »
Trading bitcoin is considered to be just like trading anything else on an exchange. You could trade dollars for euros through forex, as well as dollars for bitcoins on the exchanges. It is quite similar, but it would be depending on the idea that it would be traded on an actual currency

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Re: What is Bitcoin?
« Reply #306 on: August 04, 2021, 04:47:36 AM »
great way to invest for me

Offline FR05

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Re: What is Bitcoin?
« Reply #307 on: August 05, 2021, 06:31:29 AM »
Bitcoin is a valuable asset that can be invested as well. In Tokenomy bitcoin and other stable coins such as USDT can be invested and pay interest up to 12% a year

Offline cashisking86

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Re: What is Bitcoin?
« Reply #308 on: August 09, 2021, 02:34:31 PM »
Going to the moooon!

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Re: What is Bitcoin?
« Reply #309 on: August 10, 2021, 05:32:09 PM »
Bitcoin is the next best way to invest after Forex Trading. But it also depends on the knowledge and skills that you possess.

Offline Jeff larin

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Re: What is Bitcoin?
« Reply #310 on: August 10, 2021, 08:52:00 PM »
Omg thanks for the videos

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Re: What is Bitcoin?
« Reply #311 on: August 16, 2021, 06:15:45 PM »
Bitcoin is a digital or virtual currency that was formulated in 2009 that utilizes peer-to-peer technology for facilitating instant payments.

Offline Jeff larin

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Re: What is Bitcoin?
« Reply #312 on: August 19, 2021, 05:28:50 AM »
Try this site if you are into crypto https://coinmooner.com it is great with a lot if users and easy for starters like you

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Re: What is Bitcoin?
« Reply #313 on: August 21, 2021, 06:13:02 PM »
Nice site, thanks for sharing it here, it would be very much helpful for all the candidates present here.

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Re: What is Bitcoin?
« Reply #314 on: August 22, 2021, 08:15:43 PM »
Bitcoin is the most popular cryptocurrency and I doubt that will change anytime soon.

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Re: What is Bitcoin?
« Reply #315 on: August 27, 2021, 11:53:46 AM »
it is the future, basically

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Re: What is Bitcoin?
« Reply #316 on: August 31, 2021, 06:02:46 PM »
Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without going through a middleman like a bank.

Offline Sakshamj

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Re: What is Bitcoin?
« Reply #317 on: September 04, 2021, 02:03:42 PM »
Bitcoin is a digital or virtual currency created in 2009 that uses peer-to-peer technology to facilitate instant payments.

Offline dutchy1986

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Re: What is Bitcoin?
« Reply #318 on: September 10, 2021, 03:26:13 PM »
Good to have a brief description about it as it becomes more and more in to everyone’s life. I wish I knew what I knew now when I first purchased some 8 years ago

Offline Shital

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Re: What is Bitcoin?
« Reply #319 on: September 10, 2021, 06:12:10 PM »
Bitcoin, which you often know as cryptocurrency, a virtual currency or a digital currency, is a type of money that would be completely virtual, like an online version of cash.

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Re: What is Bitcoin?
« Reply #320 on: September 11, 2021, 03:21:03 AM »

hey everything you want to know about bitcoin is right here.  Also if you guys like mining for bitcoin and serving the web you might want to check this out, its a good boost in CryptoTab mining.  The more you use the browser the more coins you get.  I really didnt believe it at first but it actually pretty cool.  Hope everyones day is good and hope everyone gets a little bitcoin before it goes up in value. :)https://cryptotabbrowser.com/landing/22/27353567

Offline lipav58

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Re: What is Bitcoin?
« Reply #321 on: September 17, 2021, 09:43:42 AM »
You are waiting for bitcoin to be worth 100,000

Offline AlfredMan

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Re: What is Bitcoin?
« Reply #322 on: September 21, 2021, 03:31:56 PM »
hello everyone

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Re: What is Bitcoin?
« Reply #323 on: September 23, 2021, 02:04:54 AM »
Bitcoin is a form of currency but is now in digital form. You can use it to buy just like your other currencies that are physical
Techsog is a professional blog for the present time that provide constant update on social media tips, Techsupport, CRYPTO Update,  Reviews, Android App

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Re: What is Bitcoin?
« Reply #324 on: October 03, 2021, 07:38:24 AM »
Tokenomy.com is a digitally licensed asset investment platform, which offers a wide range of crypto-based financial services

Offline Elisa9222

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Re: What is Bitcoin?
« Reply #325 on: October 03, 2021, 07:43:04 AM »
Tokenomy is a digitally licensed asset investment platform, which offers a wide range of crypto-based financial services

Offline CarlosGH

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Re: What is Bitcoin?
« Reply #326 on: October 04, 2021, 09:43:40 PM »
We found a lot of interesting information, in the near future we will consider these proposals

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Re: What is Bitcoin?
« Reply #327 on: October 06, 2021, 06:35:45 AM »
Please donate any amount of BTC for my brothers liver surgery.
BTC address: 3DKHqwWeri7XiYCBvgX4kGvxk5HJhHVt9P BTC NETWORK

Offline dutchy1986

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Re: What is Bitcoin?
« Reply #328 on: October 08, 2021, 04:20:59 PM »
Good place to start when you’ve first heard of it

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Re: What is Bitcoin?
« Reply #329 on: October 16, 2021, 05:14:41 PM »
For me, bitcoin is an opportunity to pay or get paid quickly. At the same time, no one knows who paid whom and for what.

Offline reecerispoli

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Re: What is Bitcoin?
« Reply #330 on: October 27, 2021, 01:00:12 PM »
Great article!! Really nice insights. I think some people struggle with claiming bitcoin as a currency because it's not something that they can "hold." We can hold dollars and coins. Of course, the newest generation won't have any prob seeing btc as a currency since everything is digital to them as it is -- they don't know any different.


Thanks buddy good  information on there

Offline jason7343

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Re: What is Bitcoin?
« Reply #331 on: November 03, 2021, 10:08:09 AM »
Thanks for sharing info.

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Re: What is Bitcoin?
« Reply #332 on: November 03, 2021, 01:53:42 PM »
Lot of thanks for your topic!
Informujemy jak zarabiać na kryptowalutach

Offline darogger007

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Re: What is Bitcoin?
« Reply #333 on: November 04, 2021, 04:10:36 PM »
Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software and cryptography. A public ledger records all bitcoin transactions and copies are held on servers around the world.

Offline cryMaryyy

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Re: What is Bitcoin?
« Reply #334 on: November 06, 2021, 11:03:57 PM »
Good post

Offline MrDonnae

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Re: What is Bitcoin?
« Reply #335 on: November 07, 2021, 02:15:13 PM »
What is Bitcoin?

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

Thank You for info!

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Re: What is Bitcoin?
« Reply #336 on: November 10, 2021, 06:41:46 PM »
Awesome info. Thank you!

Offline dryad2031

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Re: What is Bitcoin?
« Reply #337 on: November 11, 2021, 10:27:22 PM »
These posts are so helpful for beginners

Offline AnastasiaSin

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Re: What is Bitcoin?
« Reply #338 on: November 18, 2021, 08:37:45 AM »
it's surprising that I have already watched this video about bitcoin several times (the one in the first message), but every time someone asks me what bitcoin is, I have a stupor and I cannot explain it normally

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