Bitcoin Forum

Other => Off-topic => Topic started by: superbestsite on June 01, 2020, 08:05:42 AM



Title: superbestsite
Post by: superbestsite on June 01, 2020, 08:05:42 AM
Bitcoin is a virtual cryptocurrency based on decentralization, adopting peer-to-peer network and consensus initiative, open source code, and using blockchain as the underlying technology. It was proposed by Satoshi Nakamoto in 2008 and was born in 2009.

The biggest difference with other virtual currencies is that their total number is very limited. The maximum number of Bitcoin agreements is 21 million to avoid inflation problems. The use of Bitcoin is through the private key as a digital signature, without allowing third parties such as banks, electronic payment platforms, etc., to allow individuals to pay directly to others. It does not rely on the issuance of a specific currency institution, and is generated through a large number of calculations according to a specific algorithm.https://www.superbestsite.com (https://www.superbestsite.com)


Title: Re: superbestsite
Post by: VOC on June 01, 2020, 08:55:27 AM
Yes, every year a bitcoin supply is burned and this will make the price of bitcoin expensive.


Title: Re: superbestsite
Post by: boyptc on June 01, 2020, 01:51:13 PM
What you said about bitcoin is a fact. And why you have to plug your newly launched website at the end?

Dates:   41 days old
Created on: 2020-04-21
Expires on: 2021-04-21

Yes, every year a bitcoin supply is burned and this will make the price of bitcoin expensive.
Burned?

If you're describing the halving, it's every 4 years.


Title: Re: superbestsite
Post by: zackchyi on June 02, 2020, 03:10:30 AM
Bitcoin is a digital currency issued as software. Bitcoin was released in 2009 by a mysterious character nicknamed Satoshi Nakamoto. This virtual currency can be exchanged directly by Internet-connected devices without going through any intermediary financial institution.
I understand that Bitcoin is simply like that.


Title: Re: superbestsite
Post by: peter0425 on June 02, 2020, 07:10:18 AM
Yes, every year a bitcoin supply is burned and this will make the price of bitcoin expensive.
Burned?since when that Bitcoin was being burned?

maybe what you mean is losing or being forgotten?but thats different from intentionally burned .

Bitcoin is a digital currency issued as software. Bitcoin was released in 2009 by a mysterious character nicknamed Satoshi Nakamoto. This virtual currency can be exchanged directly by Internet-connected devices without going through any intermediary financial institution.
I understand that Bitcoin is simply like that.

is there anyone here that asking about the history?we have read that since the beginning that we enter this market for how many years now lol.