Help me in understanding bitcoins

[selectaselectine]

The first thing you need to do is to read kore about Bitcoin. Every information that you need is already given here in the Forum. All you have to do is to make reading a habit. Plus, anything you need to know is easily accessed since the internet is just one click away.

[SummonKing2]

It's easy to learn bitcoin. of course you need to be intimidated. Bitcoin was invented as a peer-to-peer system for online payments that does not require a trusted central authority. Since its inception in 2008, Bitcoin has grown into a technology, a currency, an investment vehicle, and a community of users.

[tanjiran]

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

It's easy to learn bitcoin when you study it every day you will definitely learn how to do it. It seems almost impossible to explain ״What is Bitcoin” to someone who is new to it. After going through every possible tutorial I decided that the main reason people don’t understand what Bitcoin is, is due to the fact that the explanation is usually too technical. So I decided to create my own.

it's the most effective way. learning by reading. it would be more effective to share and ask a senior who is more knowledgeable about bitcoin. how to join the group chat telegram, facebook, whatsap, etc.

[nemesis_]

To understand bitcoin more, you have to read. I suggest you read Satoshi Nakamoto's white paper. "Bitcoin: A Peer-to-Peer Electronic Cash System". Also, you can learn through reading in some relevant threads that can be found here. Threads from Bitcoin Discussion, Economics, etc, will surely give you new information that is helpful in familiarizing bitcoin. Furthermore, you need to explore more.

[shata]

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

Bitcoin is a cryptocurrency, it means it is a digital currency in the internet. Many countries has been accepted bitcoin as legal cryptocurrency. You can earn bitcoin in many ways, By investing in many sites, buying and selling, trading, mining and joining signature campaigns and bounty campaigns. Bitcoin is decentralized and not controlled by government. Bitcoin is volatile unlike fiats or physical money.

[TheWinnerBro]

It is difficult to explain in the forum, so for you to know the bitcoin you need first to search on google or watch youtube so you better understand the basics you need to know, when you know the descriptions you'll ask others here in the forum for you to easily understand.

[gcckpxm62308]

I think your best bet is to find out about bitcoin through web searching, and it's hard to analyze everything here.

[migolmigol]

First I would like to define Bitcoins. Bitcoins as so called a cryptocurrency that is best described as a digital currency. It is being transacted through the internet and has special characteristics like transactions being unknown. Also, unlike the fiat currency, Bitcoins are not regulated by any government or central bank. Which makes it very volatile and good for trading. However in today's time, Bitcoin became more famous spiking up it's value. And also inspired others and created competition against it in the crypticurrency industry that's why we have so many coins lately.

[n0ne]

It is something that needs the self interest to know better. In the early days it is difficult to know much about bitcoin as well experiment the true necessity of bitcoin. Now we have got more such opportunities and several sources that describe bitcoin to be understood with ease.

[burner2014]

It is something that needs the self interest to know better. In the early days it is difficult to know much about bitcoin as well experiment the true necessity of bitcoin. Now we have got more such opportunities and several sources that describe bitcoin to be understood with ease.

Also important to learn bitcoin on ourselves, don't just rely here in forum watch youtube, search google and all the necessary sites that you need to know for you to learn, and important thing as well is that don't just after the money or the reward when you have fully understand bitcoin just hold and the money will just follow after holding for many years.

[stampeditor]

Bitcoins can be used as a currency and an asset. You can learn more abut how people are earning their btc in many parts of this forum.

[aray80]

In my opinion, news about bitcoin can be found all over the internet, you should take the time to understand something but for beginners you can try google, definition bitcoin, what is it? then as you proceed, you can check the answers to your questions ...

[Arisgado]

It is difficult to explain in the forum, so for you to know the bitcoin you need first to search on google or watch youtube so you better understand the basics you need to know, when you know the descriptions you'll ask others here in the forum for you to easily understand.

[maximkretov]

Simply put, the word "bitcoin" refers to either the virtual currency or the technology on which it is based. You can make transactions with currency — pay for purchases, receive transfers and exchange it for cash. A special address encrypted with a 16-character key is used for transactions. The buyer decodes the code to transfer bitcoins to the specified address. In other words, cryptocurrency is a digital exchange that allows you to buy or sell goods and services.

[dahliaz]

https://docs.google.com/spreadsheets/d/1f-E-ydF_Reogbj40VNta2EWQmfe40H2IaevJwN5i7n4/edit?usp=sharing

this is a boot-camp that has all sorts of tutorial videos to get you up to date on crypto. it also includes quizzes to test your knowledge.

also here's a good telegram signal channel to get you started.. https://web.telegram.org/#/im?p=@mcsignalspublic

[mrbamboo]

I share short. Bitcoin is a currency, is virtual currency. Bitcoin has features unlike cash. Bitcoin makes every transaction happen quickly and conveniently, for both buyers and sellers. And, more importantly, this problem comes in a very private way because of the security features of virtual currency. Others do not know how you will use your money. Want to learn more about Bitcoin, please read the information on this forum offline. Dear.

[Rossy Akbar]

Well, it's depend on you,  if you wanna make your rank up faster to join any project, you can find the information here in this forum. All the thing you wanna know is in here,  you can find it in social media also, but it's kinda all back to you. The only thing you need to do is just keep reading, looking for the news update,  keep participating in any single thread,  give your opinion with an absolutely great post and be patience.

[rinkujaglan]

You can get information about bitcoin with the help of google and wikipedia, can be found all over internet. It was first cryptocurrency since start in 2009, if you are novice you can take help section on this forum for possible answer to your question and here you can earn money with work and invest here.

[emanjun]

Thank you ..Let me go over the beginners section and see if I can consolidate anything which might help beginners like me on this forum

You have a point. All newbie's like me are needed someone who can explain what is bitcoin all about and on how to do it well. A lot of newbies had become curious because they dont know how to deal with another people.

[sana54210]

I think your best bet is to find out about bitcoin through web searching, and it's hard to analyze everything here.

You can find a lot of stuff here to know about Bitcoin and you will come to know about its accents. Knowing about the advantages and disadvantages (only your carelessness) and the start of Bitcoin requires knowledge all the things can be fined here easily on the Bitcointalk forum.

Bitcoin is useful and necessary currency to understand about because if you want ease in your daily works then Bitcoin helps you in all that works and make them easy for you.