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What is Bitcoin?


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What is Bitcoin?

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  #1 (permalink)
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  #2 (permalink)
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Bitcoin Gaining Validity Fuels Rally in Virtual Currency: Tech - Bloomberg

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  #3 (permalink)
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i like bitcoint payment system...
It's very secure payment system in forex world..

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  #4 (permalink)
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I think Bitcoin is the next big thing... read in the WSJ recently that the Chinese are as usual suspect and trying to block BC payments. Paranoics! They should launch their own Bitcoin exchange insted... even more money coming in this way

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I wonder if the Target store hack of personal info will stir more interest in bitcoins

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  #6 (permalink)
Budapest + Hungary
 
 
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I'm pretty new to bitcoins, so I'm very glad I've found this thread! Thanks for the great video!

All the best,
Dunstan

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  #7 (permalink)
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WTIcrude View Post
Anyone knows a good trading platform [for analysis purposes] where one can trade it ? it moves more than gold.

gdax.com is Coinbase's exchange for BTC, ETH and LTC.

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  #8 (permalink)
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It sounds too good to be true... It is important to understand that cryptocurrency has its disadvantages too. But for newcomers in crypto market the attached video should be very useful. Some kind of introduction to the crypto basis.

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  #9 (permalink)
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Bitcoin cannot be competitor for Ethereum or some other promising crypto. In difference from ETH it seems to have no bright future. I’d like also to pay your attention at MGO, provided by MobileGo. Especially after the start of cooperation between MobileGo and Xsolla.
What do you think about the prospects of MGO token? Can it be a competitor for ETH or bitcoin?

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  #10 (permalink)
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Bitcoin is a decentralized Peer-to-Peer form of digital money backed by security of the blockchain.

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  #11 (permalink)
Russia, Siberia
 
 
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Bitcoin is not handy for money transfer. One mistake(when you copy a BTC wallet number, for example) and you lost your money.
Huge transactions comission(today it 7 $).
It is hard to buy something for bitcoin.

But , but, but.
You take a 1000$ and buy some Bitcoin. Then, create a wallet on your local computer. Send to it your bitcoin.
And now...
Nobody can freeze, arrest, steal your Bitcoin.
And this is a big advantage.

You and only you have full control of it. Until somebody access your private key.

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