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Author Topic: Help me in understanding bitcoins  (Read 2140 times)
KeeKit
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November 08, 2017, 10:42:14 PM
 #81

People's knowledge on cryptocurrency will always depend on how they understand the whole concept. A lot of cryptocurrency are now emerging and the originals are bitcoin. Websites and links are now accessible in big media platforms for anyone to get the information they need. One of the best is Ethereum! Let me add that the Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT. You may check this link for more information: www.propthereum.io
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November 09, 2017, 06:53:06 AM
 #82

Hey Guys,

Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.

Thanks,
Gaurav

Here is a Ted talk that explains pretty well the ABC of bitcoin

https://www.youtube.com/watch?v=Vzjtvt77mgc
selectaselectine
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November 09, 2017, 01:25:42 PM
 #83

The best thing to do is to read from the discussion. You can also Google it for more information.

Altas
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November 09, 2017, 01:29:08 PM
 #84

Bitcoin is all about self learning, one can just give an introduction or a small basic about its functioning. Rest needs to be learned upon one's own interest. More sources were available and the self learning makes the knowledge gained to be effective as well force to experiment the reality. When someone describes it won't be that effective.
saekotye07
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November 09, 2017, 01:31:04 PM
 #85

you can go to google if you want to know what bitcoin really is... because there some people still don't understand what is bitcoin.. and you can also read some  crypto currency related on bitcoin..

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November 09, 2017, 01:40:41 PM
 #86

Hey Guys,

Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.

Thanks,
Gaurav

I heard there was an article contest about the legend of satoshi the one who made bitcoin, I guess that article encompasses the core learning that you need in order to learn more about bitcoins.

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November 09, 2017, 01:47:33 PM
 #87

you can go to google if you want to know what bitcoin really is... because there some people still don't understand what is bitcoin.. and you can also read some  crypto currency related on bitcoin..
the forum itself already have a lots of information about bitcoin as you go further you can use the search function from this forum and start looking for any
idea that you wanted to know about this system, bitcoin would be a big lift for our financial capacity if we learned more about this investment, never stop looking for more enhance learning and keep seeking for more knowledge.
Haxor321
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November 09, 2017, 03:43:50 PM
 #88

Hey Guys,

Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.

Thanks,
Gaurav
Here are some practical ways for you to understand Bitcoin:
1. Bitcoin is a digital currency
2. Bitcoin can be a work, you need to be responsible to post for you to earn
3. You must be hardworking
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November 09, 2017, 04:08:20 PM
 #89

Bitcoin is online money also known as crypto currency after that you can buy bitcoins and or even earn it through here or other websites there are more coins they are called altcoins if you want to know more about you should also focus on trading then.
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November 09, 2017, 04:20:35 PM
 #90

BITCOIN is a digital currency, which is protected by passwords. It is the very secure currency and it is now known in market because of iys high potential. It has many features:-
1. It is digitalized crypto currency which can only be imagined and can be stored in e-wallet.
2. It has high market value because its demand is at peak.
3. It is the best way to invest money for long term investments.

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November 10, 2017, 08:20:28 AM
 #91

Hey Guys,

Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.

Thanks,
Gaurav
google is the best teacher to better understand bitcoin. in google all services are listed in it. to know google bitcoin provide knowledge that is so very transparent so what is needed google give it all
There are endless cryptographic forms of money yet the most progressive and most productive and most secured digital currency is the bitcoins the bitcoins is the most gainful quick and secured digital money ever so on the off chance that you need to win cash and needed to wind up noticeably a rich man by a wide margin than you ought to put your cash in bitcoins in light of the fact that after some time you will have much benefit then your desires so don't think simply put cash in bitcoins or it will past the point of no return.


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November 10, 2017, 10:23:34 AM
 #92

Do your own research. There are too many threads similar to this one. There are even newbie threads for newbies like you to understand bitcoin and this forum better. Several information about bitcoin is on the internet. It is impossible that no website had ever help you understand bitcoin.

Targusluxe
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November 10, 2017, 10:30:27 AM
 #93

To fully understand what bitcoin really is, you just have to always read. Everything about bitcoin can be found in the internet and you just need to search for it. Even here in the discussion, there are many things about bitcoins and everything connected to it.

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November 10, 2017, 11:20:30 AM
 #94

Hey Guys,

Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.

Thanks,
Gaurav

if you want to know more about bitcoin, can you search on google about bitcoin and in this forum. in addition you can also find information about bitcoin by asking your friends who understand about bitcoin.
I myself know more about bitcoin because I ask my friends a lot.
i hope this can help you ,,

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November 10, 2017, 11:34:00 AM
 #95

The best thing to do is to read from the discussion. You can also Google it for more information.

Well said, just read the thread, all the information about bitcoin and some questions are all open and can be read any time.

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November 10, 2017, 01:15:49 PM
 #96

Bitcoin is a network, and a currency. Like the internet is a network, and the world wide web is an application on that network. Bitcoin the network is like the internet, and bitcoin the currency is like the world wide web as it is the first application on the blockchain, which is the name of Bitcoin the network. There will be more applications but right now bitcoin the currency needs to scale worldwide first.



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November 11, 2017, 07:24:08 AM
 #97

All the information about bitcoin can be found all over the internet, it is scattered so it is your job to do the research, you have to take the time in order to understand something but for starters you can try google, definition of bitcoin, what it does, transacting with bitcoins etc. then as you go on you can check the beginners and help section on this forum for possible answer to your question. I don't think that there is a thread which will discuss everything. You have to do the work mate. If you are not going to do the effort might as well do not get involve in bitcoin at all. Reason why i said that is to save yourself from the hassle of getting scammed. You will encounter sites like that, earn bitcoin and the price is really good but at the end you will just get scammed.
Yes, I agree with you. There is no topic can explain all things about Bitcoin for him. If there is a topic likes that, it will be not free. He has to learn by himself.
It is not a difficult task to understand the Bitcoins and uses of cryptocurrencies in your financial matters because of the availability of Internet till all the day long. You can search via various engines for getting the best information required.

As far as the beginner level is concerned joining the signature campaign such as bounty would prove helpful in this regard. Learning is a gradual process obviously it was some time to grab the concept completely.
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November 11, 2017, 07:29:05 AM
 #98

Hey Gaurav i am sharing an easy understandable article with you. 

https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf 

I am sure this will help you a lot..
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November 11, 2017, 09:27:49 AM
 #99

In simple terms Bitcoin is a digital currency where the price changes every few minutes but expecting one day it will stop at a stage. Bitcoin can be taken anywhere and use them without taxation, I recommend you to join everyday here so you get information.

When I was new to this forum and left it but later came to know it will be the future of currency.

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November 11, 2017, 09:31:32 AM
 #100

You need to learn the basics first like what's a wallet, private and public keys, what's a cold storage, what's the blockchain, block rewards and fees , what's a hardfork and what's a fork in general aswell. Hope that helps.
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