Help me in understanding bitcoins

[marjil]

easy to understand and then preventing as banned account and if you learn the rules of the BITCOIN

This is good advice. It is quite easy to understand but you do need to read up and research to get a full understanding. I suggest use the forum as a starting point to ask questions of things you don't understand and that way you will learn more.

[miradorme]

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

At first I don't understant what is bitcoin too. So, I decided to research about what is bitcoin, how it works, what will we get in bitcoin, how can we earn, and what its origin. So I suggest that of you want to understany what bitcoin is, make your own research about it and explore how to earn from it.

[19nataliya12]

What is bitcoin Bitcoin (Bitcoin) appeared in 2008 - right after the Occupy Wall Street movement accused large banks of abusing borrowers' funds, cheating customers, interfering with the financial system and exorbitant fees. The pioneers of bitcoin dreamed of transferring responsibility for transactions to sellers, removing intermediaries, canceling interest rates and making transactions transparent in order to eradicate corruption and limit fees. They created a decentralized system in which everyone could control their own funds and understand what was happening to them. In a relatively short time, bitcoin has gained impressive popularity. It is accepted by companies all over the world: from such giants as Dell (NYSE: DVMT), Expedia (NASDAQ: EXPE), PayPal (NASDAQ: PYPL) and Microsoft (NASDAQ: MSFT) to a private clinic in Warsaw and Burger King franchisees in Russia.

[RavRider]

So i think if you are not new in to this world, you shoulb be capable to use google to search for informations. There are so many text online like on wikipedia or other sites who explain bitcoin exactly form a to z. And if you cant understand what you reading, there are tons of videos on youtube, who explain you with pictures and videos how the blockchain ecosystem works. In the cryptoworld, its a must to make own researches, otherwile your invest will all be unprofitable.

[noormcs5]

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

Now on internet every information about bitcoin is available and i rely if you search on google then sure you will find every answers of your questions about bitcoin. But you could see in all around you then you will judge about ecosystem of bitcoin and about origin the bitcoin, So you should take first step to start trading or investment on bitcoin then sure you will know about bitcoin it work or not. But for me, I have good experience from bitcoin that's why i suggest you try it.

[potpotjames]

Bitcoins are a virtual currency.  The currency is stored locally between peers.  The currency (bitcoins) is transferred from computer to computer.  Every transaction (transfer of bitcoins from one computer to another) is verified by "mining" for bitcoins.
After reading many, many different articles all over the internet, I still didn't have a good idea of what bitcoins were, how they could be made, and if it was possible for the average person to use them.  The first few things I read, they were made out to sound like you had to have a computer science degree to get them.

However, after reading on about them, I learned that they are a type of currency that is 100% virtual.  There is no government that regulates the currency, like almost every other single currency in the world.  Instead, it is all virtual.  The bitcoins that you own are stored on your computer.  You can sell these bitcoins for real US or Canadian dollars.

[zafaryaqoob]

I would recommend you to Join some news websites like Coindesk, there publish daily basis Bitcoin news you can learn there everything about Bitcoin.

[DoublerHunter]

Bitcoin is a cryptocurrency which is created by Satoshi Nakamoto which is anonymous until now and bitcoin is a great source of income because the possible income that you can get in bitcoin is pretty high and that is why bitcoin is such a very popular cryptocurrency in most of the part of the world since the opportunity for them to earn is huge.

[heureca]

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 have watched some interesting video about BTC and criptocurrency at all in Yuotube. It was easy explanation of blockchain technology there. Try to find it

[Dmitry.Vastov]

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, the king of all cryptocurrencies, invented by one Japanese named SATOSHI NAKAMOTO  and I would like to thank him for such a great and innovative invention because BTC is a boon for the humanity and it works on number of investors investing into BTC, greater the investors, greater will be the valuation, u can mine bitcoin either by joining survey campaign or just convert your paper currency into BTC by investing into it.

[powtela]

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 one of cryptocurrency which is basically a digital currency.
This currency of form and storage is digital. The inventor of Bitcoin for the first time was Satoshi Nakamoto from the United States.
in the bitcoin ecosystem there are user, miner, exchange, and merchant.
Bitcoin consists of three parts: block chain, mining network, and wallet. In order to understand how Bitcoin works, we must understand how each part works.

[olatslodi]

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.

[newBIeT]

Aside from looking into beginner's section thread, i do encouraged you to look for Mr. Google. All you want to know are their just read.
Still, I think this post is just one of those thread that tolerates spamming of posts. I am not being rude but I think before getting into Bitcoin its natural to do one's job in researching what he's getting into. Just my opinion.

[guschinaa]

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 an online virtual currency. It was started by  an unknown person refereed to as Satoshi Nakamoto and it works on block chain technology.

[cpkozak]

Bitcoin is a form of "decentralized" digital currency, with no central bank or supervisor, Bitcoin traffic is provided by its network of users who are financially motivated. Bitcoin's core is the Blockchain database, a public ledger that allows anyone to authenticate the transaction. from transactions made a few minutes ago to the very first transactions that were made.

[Crislyn4116]

Bitcoin is a digital currency uses by the people in the deep web before they created the blockchain. The blockchain is very helpful in bitcoin because of it the transactions can be traced. And the people in the deep web will not use bitcoin as a money laundry and makes the bitcoin popular.

[ayunturk]

How investor cash bitcoin?

[kiddddddd]

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

BTC is the first successful digital cryptocurrency created by anonymous Satoshi Nakamoto year 2009 compare to other altcoins BTC is a legit coin it is made as a new mode of payment while some altcoins are scams but mostly they project themselves as better substitutes to Bitcoin. you can also search for further information on Youtube on how BTC works or just read everything here in the forum. Actually, I learn 70% of everything I know in BTC here in the forum.

[joanshu]

My dear friend you being a newbie need quite sometime to learn about bitcoins and how it works.You got a long way to go to understand what bitcoins and learning on how it works will take you more time as you are not able to find out what  bitcoins and what technology it follow is blockchain technology you can learn more about bitcoins from online recourses.There are several online and offline ways in which you can learn about bitcoins.There are even institutions which will help you learn about bitcoins.You can even learn about it by posting you threads in this forum but don't listen to every some may even try to prank you.

[jonas5222000]

bitcoin was running by blockchain,this blockchain are we need now for these era because its fast for transaction, bitcoin also depend on the blockchain speed for faster transaction.