Bitcoin Forum

what is the basis of bitcoin?

Hi guys can you tell me what the bitcoin basics really mean as it rises or decreases?
if so what?
As a novice here at bitcoin I still confused why this system is?


For those who share an opinion are most appreciative.

Bitcoin a global phenomena which is a a digital currency is a system used to send and recieve money via the internet to any any destination of the world that has access to the internet. it does not require a third party.

Bitcoin is first cryptocurrency and payment system in this world. It's basic digital currency and we get earn it without the real money, it's can be hold and we can't look it.
As I know the basic of price bitcoin rise and down is investor So if the alternate cryptocurrency/ coin is down because of bitcoin get down.

before you go in and invest in bitcoin of course you have to understand about the advantages and advantages of investing in bitcoin and with all the risks we get it one of the weaknesses and risks of investment with bitcoin its price can not be determined with certainty and the price tends to change

Bitcoin is always increasing and decreasing, and all can benefit from both the down and up side, and that's the basis I feel from the users and the influence of good and bad news.

Too sensitive with bad news, Bitcoin is too dangerous for beginners.
I began to see a lot of people who were prestigious with this situation, and started to panic.
this will worsen the market.
a difficult situation to endure.

I suggest digesting the white paper so you understand Bitcoin, and can follow discussions about its merits better:

https://bitcoin.org/bitcoin.pdf

The basis of the rise and fall of prices is usually caused by positive and negative news stories that can be made about the bubbles and the money that occurs.

The basis of bitcoin why bitcoin price is increasing or sometimes is  decreasing is the number of bitcoin use in every day because if the demand of bitcoin is low definitely the price of bitcoin is also low, because its depends to each other.

The basis of the rise in the price of bitcoin may be due to the decline in public confidence in bitcoin due to negative news stories about bitcoin, which have a negative impact on bitcoin prices.

The bitcoin has been transaction of money exchange to online.Bitcoin is the first example of a cryptocurrency, which is produced by people and businesses all over the world using advanced computer software that solves mathematical problems.the bitcoin individual are paper money system of using the doller currency. Bitcoin is a method of payment or transfer of value that is independent of governmental authorities like central banks that traditionally control money supply and the availability of currency in the global market. bitcoin is divisible so the growth potential for the exchange medium is decentralized method. One of the most interesting inventions that came  users of bitcoin project.

the basis of this crytocurrency bitcoin is to help people how to invest money online and to help trade their money with strangers or to other people

i think basics here do to is create an account in different trading site then monitor different kinds of coins there after that use that here in forum to do constructive post

If your a newbie here in forum better to keep reading first here then study that for your future in crypto because crypto is need to study

Another thing all here are worth it so spend your time here not like in other

The basis of bitcoin is Mining. Why drawing, because mining is a distributed agreement system used to confirm transaction queues by inserting them into blocks. Mining arranges chronological sequences in chain-blocks, protects network neutrality, and allows different computers to agree on the state of the system. To be confirmed, the transaction must be wrapped in a block that fits the very strict cryptographic rules and will be verified by the network. The rule is to prevent the previous block from being modified as it will cancel all subsequent blocks. Mining is also like a competitive lottery to prevent each individual by simply adding new blocks successively into blocks. Thus, no individual can control what is inserted into chains or substitute part of a chain-block to reverse the transaction. feel.

The basis of bitcoin is much more than the sole speculation on its price and if it increases or decreases. First of all, you should make yourself familiar with the blockchain technology and why it was created. A good start is the 9 page whitepaper by Satoshi Nakamoto released around 10 years ago: https://bitcoin.org/bitcoin.pdf

You can immediately start using Bitcoin without having to understand the technical details. After you install the Bitcoin wallet on your computer or mobile phone, it automatically creates your first Bitcoin address and you can create more addresses whenever you need them. You can give your Bitcoin address to your friends so they can pay you or vice versa. Very similar to how email works, except that the Bitcoin address can only be used once.

Many basis involves in bitcoin business, like on how people strongly used and accessed bitcoin, and the majority of total adaptation of bitcoin. That's why bitcoin until now still exist because of the good reputation on how bitcoin being managed by the generous creator. And the quality and value of bitcoin are the basis on why bitcoin more investors and capitalists invest on bitcoin business.

Bitcoin differs in price because of the law of supply and demand. With over 16m coins circulating, which is much lesser than other crypto currency. The demand is high but the supply is low that is why the price rises high while when the investors dump it will make the price drop because the supply will be abundant.

investing with bitcoin is advantageous if we can make use of it and be practically transparent but we also need to know also the shortcomings of bitcoin investment in price and its value is not certain the value and the exact price

At the heart of the Bitcoin system are not gold or confidence in the emission center, but mathematical calculations. There is a clear and understandable algorithm by which crypto-monet extraction takes place. No one government or the Central Bank can change their meaning. Today this client is used by people on the whole planet, and practice confirms that the program rejects everything that is slightly different from the given algorithm. Its code, as well as all programs, are open to everyone. Therefore, any person can be convinced of their following the given algorithm. Moreover, you can create your own client and if it functions on the principles of Bitcoin, then it can be used to perform a variety of operations.

Bitcoin is the first example of Cryptocurrency, which is produced by people and businesses around the world using advanced computer software that solves math problems.

Bitcoin can be divided so that growth potential for exchange media is a decentralized method. one of the most exciting discoveries that come Bitcoin project users.

That's why Bitcoin still exists because of the good reputation of how Bitcoin is managed by generous creators. and the quality and value of Bitcoin is the basis why Bitcoin more investors and capitalists invest in the Bitcoin business.

The basis of Bitcoin as a method of payment. While the increase in price or decrease in Bitcoin price is supported from market demand and supply. The point Bitcoin is ceyptocurrency that has fluctuative properties, according to market demand.

And please include the investor and ther panic selling of their coins. It can also affect the rise and low of rate of bitcoin. So if you're a holder, please learn to be patient and not be a panic investor. Don't sell it because it's low, the possibility of it to increase the rate. It depends on your decision though, just be chill.

Bitcoin attracted many people to invest because bitcoin is like gold in digital world. Many people believe bitcoin will become single currency on internet and people around the world will using it to make transaction on internet

bitcoin is the world's first digital currency. bitcoin using peer to peer systems does not require intermediaries. decentralized means not centralized and not controlled by any government, and uses blockchain technology.

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In my own opinion, as days go by the market value of Bitcoin goes down maybe it because some of the investor are still confusing. When you invest in Bitcoin as of this time think that you will invest  an amount which you can afford to lose.

many basic factors that make bitcoin prices up or down. first is the news, this strongly supports bitcoin price up or down. if the news about bitcoin is very good. surely the price will tend to go up and up. and going the other way around. second is the chart. this is second support, when there is no news about bitcoin. the whale will communicate with the candle. and confirm the price up and down. third is whale manipulation. this is when news and charts do not support.

Since our scales of comparison of are still linked to Fiat currencies I'm assuming what you meant by the rise and fall is how it's worth stands against a currency such as the US dollar. You could have meant to ask about the factors that are involved in the rise and decline of its value. One interesting piece of information about Bitcoin is that it can either go up or down or go down within the 10 minute period that it is being within, Causing a complication for both sender and receiver.

As for the smooth decrease in the rate of bitcoin, it occurs in a downward long-term trend in small-volume trades. The speed of reducing the cost of bitcoins is affected by bad news, as well as by experienced players with large assets.

Bitcoin through price increases and higher is also down, but from the cycle you can take advantage if you are proficient in tranding..

Probably it could be economics law of supply and demand where if bitcoin's demand is high then surely bitcoin's price will increase. On the other hand, if bitcoin's supply is more due to some investors had dump in effect price could possibly decline. Another factors contributing to bitcoin's dip were FUD and negative news that could affect bitcoin in general since bitcoin is volatile in nature.

Only money can make the value of bitcoin increase or decrease. No one can manage bitcoin and bitcoin is considered as a tool to transfer money from one person to another.
So the higher the capitalization of the bitcoin, the more people invest in bitcoin, the bitcoin price will be higher. That is according to my experience and understanding. Hope it will answer your question. ;)

Bitcoin is digital money used for the secure and instant transfer of value anywhere in the world. It is not controlled or issued by any bank or government, instead it is an open network, which is managed by its users. Much in the way email improved communication by making it fast and cheap, bitcoin is an improvement on existing payment methods that were not designed for the Internet age.

                       IMO OP you must avoid creating threads like this, you can try to read and look for answers here and outside the forum without creating threads around, this may seem rude but this has been talked a lot in this forum and FYI the moderators already posted some guidelines and some rules to all the newcomers.

BTC is a first peer-to-peer distributed and decentralized digital currency based on cryptography. It's introduced by an anonymous "Satoshi Nakamoto" in 2009 ( see its whitepaper to learn more). Its price goes up and down like any trading item gold, silver, oil, equity goes up and down.

Indeed at first bitcoin is enabled like that but because bitcoin price is getting higher and fee or transaction also longer is it still suitable if bitcoin become concept of a payment?

Bitcoin it's the first digital currency and cryptocurrency. The bitcoin price depends on the amount of bitcoin purchased or invested.

Bitcoin is the first cryptocurrency and payment system in the world. This is a digital currency is a global phenomenon which is a digital currency is a system used to send and receive money via the internet to any destination of the world that has access to the internet. it does not require a third party. As I know the basic rise in bitcoin prices and down is investors. So if the alternative cryptocurrency / coin drops because bitcoin down.

The price of bitcoin depends on market.
If theres a lot of investors bitcoin price will rise.
Also the supply and demand also help the price of bitcoin to increase.
Bitcoin has only limited supply so once the supply is decreasing the value of it increases,
Also when alot of bitcoin holders panicked and sell their bitcoins it could make the market value decrease.
There's also an effect to the bitcoin price if some huge bitcoin holders countries decided to banned bitcoin.
As the value decreases it has a good and bad effect.
The new investors woult take it as an oppurtunity to invest while the bad is that the old bitcoin holders will suffer alot if the value decreases.
Also most of ICO's will suffer if the price of bitcoin decrease.

Small wonder that Bitcoin emerged in 2008 just after Occupy Wall Street accused big banks of misusing borrowers’ money, duping clients, rigging the system, and charging boggling fees. Bitcoin pioneers wanted to put the seller in charge, eliminate the middleman, cancel interest fees, and make transactions transparent, to hack corruption and cut fees. They created a decentralized system, where you could control your funds and know what was going on.

Bitcoin has come far in a relatively short time. All over the world, companies, from
REEDS Jewelers, a large jewelry chain in the US, to a private hospital in Warsaw, Poland, accept its currency. Billion dollar businesses such as Dell, Expedia, PayPal, and Microsoft do, too. Websites promote it, publications such as Bitcoin Magazine publish its news, forums discuss cryptocurrency and trade its coins. It has its application programming interface (API), price index, and exchange rate.
Problems include thieves hacking accounts, high volatility, and transaction delays. On the other hand, people in third world countries may find Bitcoin their most reliable channel yet for giving or receiving money.

At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. The purchaser decodes the code with his smartphone to get your
cryptocurrency . Put another way; cryptocurrency is an exchange of digital information that allows you to buy or sell goods and services.The transaction gains its security and trust by running on a peer-to-peer computer network that is similar to Skype, or BitTorrent, a file-sharing system.
Buy Bitcoin here
Bitcoin Transactional propertie

I only know that the basics of bitcoin are from supply and demand and how people do with their bitcoin in the market. you don't have to confuse with all of this, you need to learn about how to get bitcoin by many ways, how to buy and sell and to make a profit from bitcoin, how to control your emotion. and if you only think about the system, it will need a long time before you can understand and maybe you are too late to take apart from taking a profit from bitcoin.

Bitcoin has only limited supply so once the supply is decreasing the value of it increases.
Bitcoin attracted many people to invest because bitcoin is like gold in digital world.basics of bitcoin are from supply and demand.

The price of bitcoin increase or decreases based on the demand. It is just like any other valuable material like gold. Both are limited in nature and people like them.

Bitcoin is a currency which provides monetary value and investment.
The basis of bitcoin is the currency ratio just like other local currencies in the whole world. Through the increase of market value or the value of this coin we can obtained profit easily.

Bitcoin prices are based on supply and demand, and if demand is much higher then bitcoin prices will soar. In addition, the circulation of negative news will have an effect on the demand-supply law and that is why bitcoin values are unstable.

The basic definition of bitcoin is to use a database that is distributed and distributed to the P2P network node to the transaction journal, and uses cryptography to provide basic security functions.

Bitcoin is the genesis of another form of money called cryptocurrency, it gives birth to blockchain technology and develop by Satoshi Nakamoto.

ITS USES
It is use as a method of payment
It helps to transfer money globally
It is save, fast and secure and many more

Bitcoin is the first cryptocurrency and payment system in the world. With the basic digital currency and we can get it without real money, On the other hand, people in third world countries can find Bitcoin as their most reliable channel to give or receive knowing only that the bitcoin basics come from the offer and demand and how people are doing with their bitcoin in the market.

the basic of bitcoin i think bitcoin is a digital currency that operates on decentralized database or blockchain.
bitcoin can increase or decrease depends on the market demands. if many peoples want to buy bitcoin, its price will increasing.

I hope so. At its simplest, Bitcoin is either virtual currency or reference to the technology. Btc is a digital currency. You can make transactions by check, wiring, or cash. You need to understand it first. You can also use Bitcoin (or BTC), where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols. There is no country that can control btc. The purchaser decodes the code with his smartphone to get your cryptocurrency. That is because btc is meant for people and the world. There is no regulation that rule or control btc, so the price can go up and down just like right now.

Bitcoin is a digital currency, we get it without real money,
bitcoin can help invest money online, bitcoin more investors and capitalists invest in bitcoin business, that's why bitcoin ampe is still there

at the heart of bitcoin lies the principle of blockade :)

it means these are chains like steel that will be a burden for the current paper money regimes

Depends on what you mean. The basis of bitcoin is its decentralized blockchain system. And the price of bitcoin can be influenced by many factors. First of all, it is the capitalization of the bitcoin market. And factors such as positive news about bitcoin, the growing popularity of the blockchain and its widespread use can also influence. And so on.

Bitcoin is a digital currency than can be trade to other currencies and different assets. Since then, it's normal for tge decrease and increasing of its price. Moreover, there's a unique yet advance but very complex features of Bitcoin that other assets never had.

I'm confused on what are you really confused about!! See bitcoin is basically a digital currency and works like any other currency you hold except for a few differences. And those few differences are that bitcoin is not tangible like the fiat currency notes or coins you may hold, bitcoin is simply stored in digital wallets in encrypted form. The value of bitcoin fluctuates like anything, its like from 0-100 in no time. So it definitely proves to be an attractive investment opportunity. Then another point of difference is that bitcoin system is entirely decentralized and nobody can control it, like you home countries' currency being controlled by the respective governments.

This is a crux of what bitcoin may mean to a layman. And for the advanced knowledge or somewhat technical if you may want, go for some good books for beginners. Also you will find some threads here on this forum that may add to your knowledge.

BTC is based on block chain technology! BTC is built on block chain network is the application!

Block chain technology has realized a special mode of trading in economic society - "decentralization"!

One of the reasons why bitcoin is magic for many is the lack of understanding of its technical part. The fact is that bitcoin is based on several technologies, which appeared relatively recently. Therefore, it is very difficult to explain this in plain language without technical terms and foreign words, which are understandable only to savvy specialists. But still it is possible, if you clarify some basic principles.

Bitcoin is built on the trust of the value community without any basic values and guarantees other than the community.

The basis of bitcoin is much more than the sole speculation on its price and if it increases or decreases. First of all, you should make yourself familiar with the blockchain technology and why it was created.The basis of bitcoin why bitcoin price is increasing or sometimes is  decreasing is the number of bitcoin use in every day because if the demand of bitcoin is low definitely the price of bitcoin is also low, because its depends to each other.

I strongly agree on your opinion that, many basic factors that make bitcoin prices up or down, first is the news, this strongly supports bitcoin price up or down. And adding also my opinion that, Bitcoin is a currency which provides monetary value and investment, The basis of bitcoin is the currency ratio just like other local currencies in the whole world. In addition, Bitcoin is the genesis of another form of money called cryptocurrency, it gives birth to blockchain technology and develop by Satoshi Nakamoto. On the otherhand, Bitcoin is built on the trust of the value community without any basic values and guarantees other than the community.

The price of bitcoins is mainly controlled by supply and demand just like other things (for instance Gold). However, you see a  lot of volatility as it is a new concept and there is manipulation by big whales as well.

Bitcoin is an innovative digital token system that fully satisfies the requirements of sound money: durability, transferability, divisibility, scarcity, recognizability and fungibility.Bitcoin is all of those things, and all of it is backed by an enormous distributed network of bitcoin miners and a worldwide network of bitcoin nodes. How much value depends on how much people trust bitcoin and how widely used it is, and because that is not knowable at this point, bitcoin is very volatile in relation to other currencies.

Bitcoin is a cryptocurrency that easy to payment transaction. Bitcoin is also use in trade. The value of bitcoin is gold. People can also earn from bitcoin.

This is the oldest currency and popular also.It has many qualities that attract everyone.Btc demand is widespread because it's price isn't stable, volatile.The basis foundation of Btc is to work on the internet and demand is more than the other coins.

Basic Definition of Bitcoin for Beginners Understanding Bitcoin, is the first virtual currency developed in 2009, by Satoshi Nakamoto.

Bitcoin is a payment system in its core but it is based on a whole new concept called Blockchain which takes benefit of the decentralization. So each and every user is the owner of the network and there is no centralized authority to control it. However, the price of each Bitcoin is based on the demand and supply in the market (Refer law of demand and supply) and there are several factors which affect the price. I would recommend you to spend as much as time in reading posts on this forum. Start with beginners and help section where you will get answers to most of your queries.

the people here have answered all your questions.
but I suggest only understand with Bitcoin and better understand with Bitcoin price movements and that is enough to help you in investing

bitcoin is a cryptocurrency whose movements can never be predicted with confidence and confidence in bitcoin and ups and downs of prices depending on demand and sales it seems to me if it is wrong I apologize in advance

Bitcoin is not all about of price, but bitcoin is a future technology in the world
Company and anything field is started to use the blockchain technology. bitcoin is based on blockchain technology.

Well the basics you need to learn is that, if you really want to get rid of crypto world especially bitcoin, you really need to invest your time and money, and worst of all, crypto world is a battle of risk. If you aren't able to wait and you are not ready to have a loss, well you do not belong here. You're on the right place to reasearch about what you want to learn. Just read, encode and decode.

If my knowledge bitcoin including a coin that has good prospects in the future because of the difficult transactions to commit fraud make a country can be interested to apply it as a blockchain system later.

high speed. The transaction is instant and the confirmation time is usually completed within 10 minutes.

If technically, the bitcoin is based on the code, it can also be considered that the base of bitcoin is composed of the power of computing, which is made up of a large number of network operations. From the point of view of the market, bitcoin's foundation is the community, which is supported by the investors of the community.

Bitcoin is the first cryptocurrency, but it is not perfect at all:

1.It is slow, 3 trans per sec
2.Cheap fees if you transfer big sums, but it is not suited for small sum transactions (too expensive)

Bitcoin was fabricated by Associate in Nursing unknown person or cluster of individuals beneath the name Satoshi Nakamoto and discharged as ASCII text file software system in 2009. Bitcoins area unit created as a gift for a method referred to as mining. they'll be changed for different currencies, products, and services.

To increase or decrease the bitcoin based on the price or market selling from bitcoin itself.
if many investors and bitcoin prices in the world is stable then in the market could be up.
besides the driving factors such as negative news ban on the use of bitcoin in a country also influential in the ups and downs of prices because it reduces investors.
but for me if I'm sure with this bitcoin investment, I'll get what I want.
so for beginners do not be afraid of failing to keep trying and keep learning

I was going to think you would know better than spreading falsehood and scaring newbies at the end of the day. Bitcoin is not anything dangerous, rather delving into it as with any other sphere without good understanding of what it's all about and what to expect, is what defines dangerous. Can you also say a car is dangerous or is it the driving without experience and licence?

As for OP main concern, Bitcoin is the first approach to sanitize our comatose monetary system by bringing safety, trust and cost less to play. Those are exquisite qualities people have been looking for over the years and the recognition that Bitcoin is an answer is the reason the demand for Bitcoin will continue to soar and recover after every attempts to clip its wings or to take the wind out of its sails.

The bitcoin has been transaction of money exchange to online.
Bitcoin is the first example of a cryptocurrency,
which is produced by people and businesses all over the
world using advanced computer software that solves mathematical problems.
Many basis involves in bitcoin business,
like on how people strongly used and accessed bitcoin, and the majority of total adaptation of bitcoin.

Bitcoin is a new technology we've never seen before, Bitcoin allows you to move money, Bitcoin is a payment system, same as a bank or credit card transfer method, a payment method or value transfer that is independent of government authorities such as a central bank that traditionally controls the amount money supply and currency availability in the global market and Bitcoin slightly better.

In my opinion, The fluctuation in price is caused by the transactions using bitcoin, whether great or small. Specifically, the transaction is the buy and sell process. These process causes the change in bitcoin circulating supply, through buying and selling. I also think that the bitcoin follows a formula that serve as the basis of change in price whenever any of the transactions was taken place. But this is just an theory and may be true or not.

Bitcoin is the first crypto currency that alows transfer and payment system in the world. It's a digital currency where we can put our money and make it grow and we can get earn without using the real money.

As we all know, bitcoin is the first cryptocurrency and payment system in this world. It is also the basic digital currency. We can earn also earn bitcoin without the use of the real money. We can also hold our earnings in bitcoin. As I also know, the basic price of bitcoin rises up and also gets down. So if the value of alternate cryptocurrency gets down then it is because of the low value of bitcoin.

The basis of bitcoin is trading Bitcoin we must have a goal so as not to be confused, because sometimes beginners, especially Bitcoiner Idealis often confused must collect Bitcoin or just pursue profit in selling Bitcoin. If you've decided to become a Bitcoin Trader then sorry you have to bury the soul of your Idealist Bitcoiner deeply. Remember we are here to collect rupiah from the difference between selling and buying not Bitcoin.

For me, my basis to join bitcoin, is to secure how it could be in tge future will be in bitcoin. And to make sure that i follow the rules and regulations that the campaign gave to me there polices and terms and conditon to make it posible.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

Bitcoin is a new technology we've never seen before, so a better way is to look at Bitcoin as a combination of different things that we know:
First, because Bitcoin makes it easy for you to move money, Bitcoin is a payment system, just like a bank transfer or credit card method, but Bitcoin is a bit better.
Second, Bitcoin resembles gold - this is why many people call Bitcoin a 'digital gold'. Imagine Bitcoin as gold that serves as money, but Bitcoin is very easy to transfer (transferable).
Thirdly, Bitcoin resembles the Internet because no one person or entity controls it, so anyone can use it as they wish. This is a very unique characteristic.

For price increases and down bitcoin itself is the investor and market price cycles.

Bitcoin differs in that it is not created by any nation or state, but is made up of a network of computers around the world. It was created nearly 10 years ago and it is also Banks or government control and it is invested heavily by investors

The technology behind bitcoin is the blockchain.
The blockchain is now recognized by many countries.
Bitcoins and blockchains are inseparable. ;D

yea bitcoin is  really easy going and dangerous, BUT if you use it wisely and ethically there's no more problem with that. Jah bless

Bitcoin is a global phenomenon that is a digital currency is a system used to send and receive money via the internet to every destination of this world is a basic digital currency and we can get it without real money, it can be arrested and we can not see it

Bitcoin is a virtual / digital currency.

The basis of bitcoin is a place where to invest stocks or planting shares whose payments use digital payments that are different from other investments.

there are so many basis of bitcoin, Bitcoin is both a type of digital token and virtual currency, it is an online payment system, bitcoin is the first cryptocurrency worldwide, so there is no control over bitcoin, no goverment or central bank control Bitcoin. if you want to invest in bitcoin know first how it works so you do not lose what you invested.

Bitcoin is built on the trust of the value community without any basic values and guarantees other than the community. Bitcoin is N1!

The currency is just the product of the blockchain technology and that's the most important thing. To know more about Bitcoins, you will have to learn more about the Blockchain technology.

Bitcoin is a first of digital crypto currency in the world.bitcoin can make quickly eran+profit in the crypto world.bitcoin already cross the worldwide.I know that bitcoin is the best currency all the crypto section.

It was designed to be  a payment system but current situation is quite different. People are treating it just as an investment option to make money.

This results in a scenario where every one wants to accumulate as many bitcoins as he can and does not like to pay using it.

I think bitcoin base is a digital currency trying to provide a solution for the community because I see the future seems to be not too use of paper money anymore, I see today has started to develop digital currency.

I think the bitcoin base is the internet. Bitcoin is the digital currency it operates around the world. So the internet is very important for bitcoin.

The background of the development of financial technology is the existence of problems related to payment and investment systems that occur today. Thus a decentralized fintech is born, can be used as a means of payment (though not maximized now), commodities for trading, and as an investment tool.

Kindly clarify if what you really need to know. If you want to know why does Bitcoin have value and how the value was determined, then this is my response.

There are 3 important factors affecting Bitcoin's value.
1. Scarcity
2. Utility
3. Supply and Demand

1. Scarcity
Bitcoin is like gold which has limited supply. That is the reason why it is scarce.

2. Utility
Bitcoin nowadays is well-known and is used as an alternative mode of payment. It is also used in trading and investment. Profits can easily generate through Bitcoin so many have gained its benefits.

3. Supply and Demand
The volatility of Bitcoin is one of its characteristics. The Scarcity, as well as Utility, affects the Supply and Demand of Bitcoin on the market. That is the reason why price change of Bitcoin was so often and can change over time.

Blockchain. Crypto money is very valuable on this. It is very important that the system is both reliable and fast.
Thanks to cheap transfers, people prefer this system. Many projects are now blockchain-based.

Been the first Cryprocurrency acceptable for the exchange of goods and services, it's just a matter of time before it stabilises. As the awareness grows, the value if Bitcoin grows.

The most important basis of Bitcoin is its technology, blockchain technology.  It is very convenient to transfer any sums to any point in the world and pay small commissions.

Unlike Fiat money units, virtual digital assets have no material embodiment. That is why they exist and develop only within a virtual network. Bitcoin is an open electronic payment resource with which you can make financial transactions with the same currency.Unlike fiduciary title signs, the issue of which is controlled by the government regulator of a particular country, the issue of Bitcoin is made absolutely different rules. I think I told you how bitcoin is the basis!

Bitcoin is not meant to behave like our fiat. It is meant to decrease and increase so do not worry about it just be ready to experience that. Our normal fiat loose value as the days goes by but bitcoin is meant to gain value as the day goes by.

Do you mean the fundamental value? It's value lies within its ability to skip the middleman. There was no such thing in banking since forever. You always had to trust someone to do the math, to move the money from place to place, and you never knew who fucked up. Now you know. The only person that can do it is you.

Small wonder that Bitcoin emerged in 2008 just after Occupy Wall Street accused big banks of misusing borrowers’ money, duping clients, rigging the system, and charging boggling fees. Bitcoin pioneers wanted to put the seller in charge, eliminate the middleman, cancel interest fees, and make transactions transparent, to hack corruption and cut fees. They created a decentralized system, where you could control your funds and know what was going on.

Some of the problems or events that occur in the world seem to be an influence on bitcoin prices. Then the unbalanced demand and sales can also have an effect.

bitcoin is a very easy-to-use digital currency base for existing payment methods because safer, safer bitcoins are more convenient at cheaper and faster than using regular currency. not only that bitcoin also can provide benefits for those of you who understand how to trade properly and correctly.

it is better to watch the training videos in YouTube, a good version of the profile of iTuber, well, or someone else. There you will learn everything you need to know!

Bitcoin in the future will occupy the highest position in all digital coins, with a huge platform and rich diversity bitcoin to become a co-investor of many investors, bitcoin is the place to send and receive money. fast and convenient to satisfy many investors,

bitcoin is a cryptocurrency and a worldwide payment system. it is a decentralised digital currency which makes regulation impossible as it gives you absolute control. it is a system without a central bank or single administrator. the peer to peer network and transaction is one that can be done directly between users without an intermediary. the transaction will just be verified by network nodes through the use of cryptography and recorded in a ledger called the blockchain

There are many basics of bitcoin for which it is being used like a craze and the major one are like, using the bitcoin because the transactions are fast and instantaneous and also the time taken for confirmation of the block or a transactions takes only a few minutes. Second major point is that there is no charges for transferring any big amount either by the banks or any other third party and there is also no need to pay tax unless you show it in your taxation or in your bank account.

Bitcoin is a first cryptocurrency and worldwide payment system. It is based on the concept of decentralization, implying that it works without any central authority or an administrator. It works with a help of a technology known as blockchain. Blockchain is a decentralized public ledger that records the transactions. Bitcoin has many advantages like anonymity, fast speed, international payments, etc. The basis of its movement is merely change in demand and supply as it moves with free control of the market. 

Bitcoin is a new Innovation of the world in the form of digital currency.
Can be used as domestic and foreign payment transactions.
Can also receive and send money in small or large quantities with a very fast time without involving other parties.

If you want to know when the price of Bitcoin rises and falls, consider the response of the Bitcoin Cryptocurrency market.
Or read on, find out about Bitcoin in the Forums. So you can have a better understanding of Bitcoin

Bitcoin is the new improve marketing. A digitalized currencies. It can be use as a payment transactions etc. Do a research or go to forum to find out more about btc rises or decreases. Better to do a research first about the history and how bitcoin works before you invest. So that, you can help your self.

The basis of Bitcoin is decentralized trust. If you get your head around that, you will have no problems with anything else. All the other arguments - block size, transaction cost, confirmation time, etc are parameters which are incidental. Decentralized trust was the real breakthrough.

I am new user but I think bitcoin decentralized trust.Bitcoin is the new improve marketing.it is first cryptocurrency and worldwide payment system.

In simple words, Bitcoin is a digital currency which cannot be touched like FIAT currency, It is a virtual currency.

Bitcoin in the first place is a very convenient way of payment, as it is easy to use and it is very famous because it was learned as the first coin cryptocurrency and cryptocurrency market, I think it is now and holds bitcoin.

Indeed! That is why most of the people does not want it because they are afraid that anytime it can have no value or it can be hacked by someone, since you cannot physically touch it unlike cash.

The basis of bitcoin is primarily his performance, after all, a good indicator was in the beginning of his wrstlemania, was shown a good rise, PA is now he just gets up on his rightful place in the market.

Growth and price drop? in my opinion everything is clear, the crypto-currency market works by the same rules as all the others. The only difference is that market capitalization is still too small, so large players can change the price as they need!

The basis of bitcoin is  decentralized trust because bitcoin is first cryptocurrency and worldwide payment system and it is very famous to many and easy to use and bitcoin is a future money that can help to daily needs.

Bitcoin is a virtual or digital currency that has been developed around 2009,Bitcoin as well as the Rupiah and Dollar, only bitcoin is available in the digital world. In short it may sound like eGold, but bitcoin is still a bitcoin that is actually much different from eGold.

bitcoin is the subject of world wide interest and the rise and fall in the strategy i think.

Bitcoin is the world's first cryptocurrency and it earns the money in modern way. Bitcoin is a lot of money basis. So many people benefit from investing.

Bitcoin is the first example of cryptocurrency, which is produced by people and businesses around the world using computer software, individual bitcoin is a paper currency system using doller currency. Bitcoin is a method of payment or value transfer that is independent of government authorities such as a central bank that has traditionally controlled the money supply and currency availability in the global market.

Bitcoin has it's own originality basis upon the users consumers and investors who's until now still managed well we don't feel afraid of down prices is volatile it may goes up.