Aufar
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January 28, 2018, 03:20:26 PM |
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With the help of Bitcoin, you can transfer funds anywhere in the world for a minimal fee, regardless of the amount of transfers.
That's what I like about bitcoin is its volatile price so it's in your hands if you're lucky or not, whether you cashed it quickly or not.
Bitcoin makes me more productive and grateful for everything that bitcoin gives us.
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Ethan Becker
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January 28, 2018, 03:27:10 PM |
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Even the most tech savvy among us have a hard time wrapping their heads around Bitcoin. It's a hot topic and a frequent point of discussion among investors, entrepreneurs and stock traders, so you should want to know all about it.
For starters, here's an overly simplified explanation of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a central authority such as a government or bank. It's created by "miners," who use computers and specialized hardware to process transactions, secure the currency's network and collect bitcoins in exchange. Supporters say it allows for more secure transactions over the internet. That's in part due to blockchain, a technology that records cryptocurrency transactions chronologically in a public digital ledger.
Bitcoin is only eight and a half years old, but it’s the oldest and most highly valued cryptocurrency out there. In such a short time, it’s had a rocky and controversial history, but it’s also attracted a fair share of high-profile supporters. Click through to read 11 bits about Bitcoin that will make you at least sound like you know what you're talking about next time it inevitably comes up.
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Brian Goldman
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January 28, 2018, 03:31:02 PM |
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Dear Bitconfused, As you've noted, Bitcoin is a digital currency used to pay for a variety of goods and services. In many ways, it works the same as paper money with some key differences. Although physical forms of Bitcoin exist, the currency's primary form is data so you trade it online, peer to peer, using wallet software or an online service. You can obtain Bitcoin's either by trading other money, goods, or services with people who have them or through mining. The mining process involves running software that performs complex mathematical equations for which you're rewarded a very small portion of a Bitcoin. When you actually have some of the currency, you can then use it to purchase anything that accepts it. In some cases, Bitcoin is the only accepted form of payment and you'll have to acquire it in order to complete a transaction. While this basic explanation might answer most of your initial questions, it likely brings up quite a few more. Let's discuss how you can acquire Bitcoin and why you'd use it.
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Lwtelencio
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January 28, 2018, 03:33:39 PM |
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What do you like best about bitcoin? Decentralization, transparency or easier to move? Or just it makes you look cool? For me it's an easier to move which look cool also because bitcoin value price is much higher of all coins that make it more popular and valuable.I hope the value will increase more so that many people is inspired for joining this activity forum.
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Creepings
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January 28, 2018, 03:35:59 PM |
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The possibility. Bitcoin has only it's future ahead of it and it can be wildly successful, I hope it is. I hope it's able to be a safe alternative for people. I hope it's able to keep some bad practices in control. Competition is a good thing and competition among currencies in a country doesn't exist.
What is special and is an important reason why bitcoin becomes popular, is that it can move extremely fast and completely anonymous. In addition, users can use bitcoin to send money to others like sending a computer file anywhere without the cost of services, and no cost for services. I like the speed of bitcoin. If I use bank wire or moneygram or westernunion, it takes more time than bitcoin transfers. Bitcoin is very fast and this is making it amazing once again. I do not how it is fast in terms of transactions since there are some times where I transact bitcoin but still can receive it after some time unless you pay the miner's fee beautifully. I think the best thing about bitcoin now is that it is now on dip so when you invest on it, there is a high possibility of you getting a good profit when the bitcoin price pumps.
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hxk451
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January 28, 2018, 03:41:29 PM |
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What do you like best about bitcoin? Decentralization, transparency or easier to move? Or just it makes you look cool? The best feature of BTC that I like is that its an exceptionally inventive cash and it generally gives us a chance to acquire some additional cash whose esteem continues expanding over some stretch of time and that is never conceivable with fiat as whatever you win in fiat its esteem will be same even in future and it will never develop your riches.
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aisyah88
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January 28, 2018, 03:58:45 PM |
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let alone about the fascinating appeal of bitcoin inside it, and who has not yet heard about bicoin must think bicoin is about gambling, and we who do not know about the attraction in bitcoin do not think negarif and we must think fositif ..
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VBCryp@
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January 28, 2018, 04:16:25 PM |
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Bitcoin is a digital currency used to pay for a wide range of goods and services; it is not controlled by a central authority such as the government or the bank. Those who are using bitcoin allow safer transactions over the internet. For me, it's easier to move that is also cool also because the bitcoin value is much higher than that of all other coins.
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Mazda17
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January 30, 2018, 03:49:35 AM |
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I like Bitcoin cause its simpler to transact, very fast to receive and cheaper and its decentralized. It helps build everyone's dream, keeps on rising though it falls sometimes, transparent and way secure than bank.
The presence of bitcoin often helps to build the dream of many people even slowly, let alone bitcoin leads to easier transactions and also invests therefore the best bitcoin in the business world.
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klim80
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January 30, 2018, 04:54:17 PM |
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Bitcoin is simple and fast it is easy to use and everybody can understand it easily . Bitcoin price is increasing day by day. Also bitcoin trading, investment giving us more profit. Apart from that,the security and the decentralization
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TheGreatUnknown
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January 30, 2018, 05:08:07 PM |
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The whole system from how it was created and from how the transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. How the ideas and concept of the bitcoin was made. Also it helps a lot of people, I know some unemployed who earns some profit through bitcoin. I just love the whole concept of it.
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timshk
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January 30, 2018, 05:09:55 PM |
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Best part of bitcoin is anonymity. It is a future of money. There is no money at all.
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Baijit20
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January 30, 2018, 05:21:36 PM |
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bitcoins are the future of money may be a bit of an exaggeration. Sure, a decentralized, market-driven approach to currency sounds very good...like the fact that no central authority can block my money and also like low transaction fee.
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AleksandrKosov
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PITCH – THE FUTURE OF OPPORTUNITY
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January 30, 2018, 06:35:43 PM |
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First, it is an opportunity to make money. Secondly, it is an excellent alternative to money transfer systems between countries. I do not like banks and for me bitcoin has opened the world of crypto currency and their interesting opportunities. Thirdly, I'm interested in blockchain technology and its application in practice, I'm sure it will be able to change the world for the better.
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Marry Finch
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January 30, 2018, 06:53:59 PM |
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Bitcoin is the currency of the future, the basis of a new economy. Bitcoin, like many other crypto currencies, is gaining huge popularity. This is a digital currency, which is an electronic payment system based on mathematical calculations. The idea of Bitcoin is to effect the exchange of coins without the "help" of the central authority, in electronic form, more or less instantly and at the lowest possible cost. For Bitcoin, you can buy anything on the Internet, like for dollars or euros, and it is also traded on exchanges, like other currencies. But the most important difference between Bitcoin and other forms of money is decentralization. No institution in the world controls it. This basically explains the popularity of Crypto-currency, and in particular Bitcoin.
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yogaantoni
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January 30, 2018, 06:58:07 PM |
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I like bitcoin because of decentralization. With the convenience of transacting with anyone without any details. It is also liked to be able to benefit greatly from Bitcoin.
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oppochain
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January 31, 2018, 03:41:09 AM |
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I like Bitcoin's growth potential and appreciation, and the nature of its digital trading is set to continue its appreciation in the coming years.
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vhiancs
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--=oOo=--
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January 31, 2018, 04:50:41 AM |
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What do you like best about bitcoin? Decentralization, transparency or easier to move? Or just it makes you look cool? I thins many people and want bitcoin because of assorted reasons such as they want money to supoort their daily expenses, support for their tuition fees, money for bill, etc.I though bitcoin currency has many benifits to make our lives much easy. And I beleive in bitcoin no matter what it takes because of it's potential.
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De Suga09
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January 31, 2018, 05:00:26 AM |
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The possibility. Bitcoin has only it's future ahead of it and it can be wildly successful, I hope it is. I hope it's able to be a safe alternative for people. I hope it's able to keep some bad practices in control. Competition is a good thing and competition among currencies in a country doesn't exist.
Bitcoin has an efficient and speedy feature. It makes transactions easier and faster. This is also a good investment butof course we must accept and face the fact of its probabilities.Bitcoin as people say is like a bubble. Thiscould one day just burst but at this moment bitcoinis on its high time.
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vanjava
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January 31, 2018, 05:40:15 AM |
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I like bitcoin in terms of bitcoin prices that are very volatile and unpredictable and a very fantastic price for 1 bitcoin.
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