Tuesday, September 26, 2017

About Bitcoin



What is Bitcoin?

Bitcoin in a decentralized digital currency. It's money that doesn't belong or controlled by any government or central bank. You could think about it like the Internet of money or money that works like files sharing programs.
Bitcoin was invented in 2008 and since then has gained a market cap of over $40 billion. Today it's estimated that millions of people around the world are using Bitcoin as a store of wealth, investment vehicle and an actual currency for exchange.

Where do I store my Bitcoins?

Bitcoins are stored inside a Bitcoin wallet. Just like you use an email software to manage your emails (i.e. Outlook or Gmail), you need a Bitcoin wallet to manage your Bitcoins. A bitcoin wallet helps you send, receive and store Bitcoins.
Bitcoin wallets come in many forms. Mobile wallets, desktop wallets, web wallets and even hardware wallets. Where ever the wallet is installed (e.g. your mobile phone) that's were your Bitcoins are stored. Don't have a Bitcoin wallet yet? Click here to choose one.
13:14

What can you do with Bitcoins?


There are many uses for Bitcoin these days. For starters, Bitcoin can be used to shop online at leading sites like Expedia, Overstock, Microsoft, Dell and more! As Bitcoin becomes more mainstream, more and more businesses are adopting Bitcoin as a payment method.
Many countries around the world are experiencing financial turmoil and in many cases the citizens are the ones who end up getting hurt. Bitcoin is an alternative to the current banking system and allows you to be in full control of your money without a need for a bank.

Can I buy less than one Bitcoin?

bitter.io - Free bitcoin, bitcoin advertising, ptc
Today, one Bitcoin is worth almost 3,000 US dollars. Luckily Bitcoin can be divided up to 8 decimal points, meaning you can buy 0.5 Bitcoins, 0.02 Bitcoins or even 0.00000001 Bitcoin (the smallest amount of Bitcoin available, also known as a Satoshi).
Bitcoin was invented in 2009 by Satoshi Nakamoto. No one really knows who Satoshi Nakamoto is but his legacy continued until this day. Today, the Bitcoin protocol is maintained by developers around the world who help update and upgrade the open source.



If you like this guide and would like to do a donation to me, you can donate to the below:

Bitcoin (BTC): 1CxXyr8XepnMWjBPFAERRg7sZNpmirFcZB

Ripple (XRP): rL12t8WFDHDF8QN4iUzC3jNU2WddYRCGk9

Monero (XMR): 44VxXWC2o713phf5otf35vJQ9UDJQgvf58WgAd7UPNsV5Aj33VyMhxu3gF1nzjnRx17aSENaoB9h8Bwr3u9cfJmdKnJM6bv

You may like the below artcles as well:

15 comments:

  1. Crypto gives you live updates on every cryptocurrency on the market. This comprehensive listing details the Price, Market Cap, Volume and Circulating Supply for every Cryptocurrency you want to know about.

    ReplyDelete
  2. Earn FREE Bitcoin simply by using Google Add referrals and earn $1000s of bitcoin
    How to get bitcoins with referral network and earn more
    Invest your time and effort inviting new users and you will guarantee a high passive income for yourself for a long time

    ReplyDelete
  3. Promax7 is The world’s most consumer grade miner. Most power - efficient Ethereum bitcoin miners. Our R&D team has developed compact and efficient miners PROMAX 7.1 and PROMAX 7.2, ethereum miner,GPU Miners,Promax Miner 7.1 & 7.2,Cryptocurrency Hardware ,Bitcoin Miner 2018,ethereum GPU Miners,Latest Miner, Cryptocurrency, ethereum Miner We have tested our devices for the highest performance and in toughest conditions

    ReplyDelete
  4. The first video-based classified world market. UVD token sale is live 5/7/18! Huge referral bounty program available 6% Follow us Socially:-
    https://twitter.com/?lang=en
    https://www.facebook.com/Uvidify-Ltd-435523743573807/
    https://www.instagram.com/uvidify_token/
    https://medium.com/@uvidify
    https://www.reddit.com/user/UVidify_Official/
    https://github.com/UVIDIFY
    https://bitcointalk.org/index.php?action=profile
    https://www.youtube.com/watch?v=QX3M8Ka9vUA

    ReplyDelete
  5. The website is For Sale in Auction at Flippa! Reserve only $10k! The Premier Bitcoin Advertising Platform. Get targeted traffic to your website bitcoin advertising Earn Bitcoin from Ads on Your Site. Want to buy Or Know More Visit:-
    https://flippa.com/9756160-bitcoinadvertising-com

    #Bitcoin #Advertising #Crypto #Cryptocurrency

    ReplyDelete
  6. Ivyn Software Suite is a set of products, made up of several software modules, included for free, that provide powerful business tools, capable of creating an extended network of users and services. Ivyn Software Suite and Ivyn Mining Farm Our platform lets parties “e-merge” in the smart economy, offering a crypto payment solution without incurring in any exchange and time delays.

    ReplyDelete
  7. Sign up & promo
    New accounts get $20 bonus just send email to support@maxhashing All
    new accounts in May part of $500 giveaway. Mining, Bitcoin and Investments 3 accounts will randomly get $500 bonus. (have to have a deposit to qualify)

    ReplyDelete
  8. QuarkChain CHANGING THE WORLD WITH REVOLUTIONARY BLOCKCHAIN TECHNOLOGY QuarkChain BLOCKCHAIN TECHNOLOGY A High-Capacity Peer-to-Peer Transactional System.Presale round has begun! 35% BONUS

    ReplyDelete
  9. The QuarkChain ICO (QKC Token) is using an evolved 2-layer architecture to create blockchain scalability using sharding technology. We have witnessed their Testnet achieve 2,000 transactions per second (TPS) and their current goal is 10,000 TPS. The QuarkChain ICO (QKC Token) While other projects are aiming for similar scaling, QuarkChain's technology may become viable before some competitors - a focus which may have been at the expense of developing a community and partnerships to actually use it. Outstanding prospect.

    ReplyDelete
  10. Are you into Bitcoin and other crypto coins? Then Cointific is a must follow for you! Bitcoin, Ethereum, Ripple, IOTA To follow the latest news, recent prices and historical charts of Bitcoin, Ethereum, Ripple, IOTA, etc.

    ReplyDelete
  11. ContentBox is the content payment infrastructure built by CastBox, one of the largest spoken audio platform with 15M active users. ContentBox brings 15 million users to the crypto world The
    EPIC and ContentBox/CastBox team are working closely together for the launch of their token first offered on EPIC.

    ReplyDelete
  12. Cryptomedia - Crypto New Media
    bitcoin and blockchain news Visit for Blockchain, Bitcoin, Ethereum, Altcoin, ICO bitcoin blockchain crypto all in one #Cryptomedia

    ReplyDelete
  13. Bitcoin casino, gambling and betting - It is now possible to use your Bitcoin's and many other types of crypto currencies to play on Bitcoin casino sites. You can deposit Bitcoins as well as other types of blockchain currencies. Play with your bitcoins Also you will receive your winnings in the same currency as your deposited. Bitcoin's is up in time, why this opportunity has been highly sought after by players around the world and, of course, also in Denmark.

    ReplyDelete
  14. Earn Bitcoins while using Google Chrome. Add CryptoTab to your Chrome and start earning Bitcoins. Get CryptoTab - Easy way for Bitcoin Mining. Develop the network and get your rewards! Invite your friends, family and associates by your personal link and make many times more money! Get more than 1 BTC!

    ReplyDelete
  15. An online system that allows users to resell this system (Reselller Program) with a commission profit of 50% of the system price This system provides double profit to resellers with Reward & Incentive companies through this system project involves database, digital products and marketing.

    ReplyDelete