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Author Topic: WHAT IS BITCOIN? HOW IT WAS STARTED?  (Read 298 times)
ProphetDaniel (OP)
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November 29, 2017, 06:54:28 AM
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I'm a newbie here. I just want to clarify something from the old members of this group. What actually bitcoin is? and how it was started and where it was started? Thank you for the knowledge..
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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MT123
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November 29, 2017, 06:55:11 AM
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https://bitcoin.org/
silvereign25
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November 29, 2017, 06:56:34 AM
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Just joined the bitcoin forum .. i wanna learn more about bitcoin .. more knowledge more power thanks for your help guys ..
kenjay11
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November 29, 2017, 10:03:27 AM
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If you are new to bitcoin you need to have a knowledge about it, because you will have trouble starting with bitcoin if you do not know anything about it. for you to have a knowledge about bitcoin, you need to read posts here in our forum but you can aslo read a posts in other forum, because besides my sister taught to me , I have learned about bitcoin through reading
damrianto
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December 02, 2017, 06:02:50 PM
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1. what is bitcoin? I see from my point of view this is an investment process that takes a great struggle to earn money.

2. how to get started? it takes a coach to get started and it takes science to get started. because it's so complicated.
Zekemporium
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December 02, 2017, 06:28:23 PM
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I'm a newbie here. I just want to clarify something from the old members of this group. What actually bitcoin is? and how it was started and where it was started? Thank you for the knowledge..

Bitcoin is the decentralised cryptocurrency, introduced in 2009. Mining is the only way to get new bitcoin. By mining one can mine blockchain which is nothing but bitcoin. Mining is nothing but solving mathematical algorithm to get block.
As bitcoin is decentralised it can be work from anywhere in world throgh internet on any device.
Hope this small basic information may help to introduce bitcoin to you.
jake zyrus
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December 06, 2017, 03:45:47 AM
 #7

Just joined the bitcoin forum .. i wanna learn more about bitcoin .. more knowledge more power thanks for your help guys ..
I just start to join in bitcoin forum and research about it. I search about the rules and regulations, do and don'ts for posting. And my son teach me how to join in bounty campaigns and how to answer properly the given question so that now I gain my knowledge.

aray80
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December 07, 2017, 05:47:52 AM
 #8

What exactly is bitcoin? I think Bitcoin is a kind of digital currency,
and how to start and where to begin? in my opinion is by following the bounties and trading ...
Al Amin
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December 07, 2017, 06:19:11 AM
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Bitcoin is a digital currency, that's as far as I know and how to get started is by preparing some money to have it, or you follow bounty. But before that of course you have to have some reference about bitcoin you have to dig a lot of knowledge about bitcoin before you play with bitcoin. you are on this forum is a good step to find info about bitcoin.

Malamok101
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December 07, 2017, 07:40:44 AM
 #10

make a bitcoin wallet first and then you've made it, raise your ranking here in the forum and join different campaigns to make money and think too, you need to read the rules in your campaign and be correct you do and do not post them on topics so you do not get tired of what you're doing and you're sure to earn you the campaign you'll be joining.

Skieleton
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December 07, 2017, 07:49:52 AM
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Bitcoins are generated by computing power of computers. In the initial assumptions, everyone was to be able to generate BTC on their own machines. As, however, the pool of coins that can be generated in this way (dug) is limited and closed with each subsequent BTC that goes into circulation, extends the time and level of difficulty of digging another virtual coin. For this reason, powerful "mines" of Bitcoins are created all over the world, consisting of hundreds if not thousands of cooperating processors, graphics cards and other components. In practice, this means that the average user no longer has the option of digging a virtual coin yourself. The only thing that remains is her purchase.

Historical events of Bitcoin's life.

03/01/2009 - Birth of the blockchain and the creation of the first block called "genesis".
09/01/2009 - The first version (0.1) of the bitcoin client
12/01/2009 - The first transaction in the bitcoin network
05/10/2009 - An exchange rate was established based on the cost of extraction. 1 $ = 1309 BTC
06/02/2010 - The first Bitcoin Marketplace - Bitcoin Market
22/05/2010 - First use of bitcoin as currency - Purchase of pizza for 10,000 BTC
17/07/2010 - Launch of the largest bitcoin exchange - Mt.Gox for several years
hadveach
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December 07, 2017, 07:57:23 AM
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bitcoin is a virtual currency that appeared in 2009, the maker is satoshi (a pseudonym). it begins in accordance with the conditions of the era that began sophisticated and all digital. for more details you can search for knowledge about bitcoin.
RobertoMakeli
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December 07, 2017, 07:59:39 AM
 #13

I'm a newbie here. I just want to clarify something from the old members of this group. What actually bitcoin is? and how it was started and where it was started? Thank you for the knowledge..
you have alot of thing to learn from internet, if you need something more specific, pm me
shadow404
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December 07, 2017, 08:08:04 AM
 #14

you can read on google to find out what is bitcoin, if in this forum sialhkan read some posts of the forum residents because of all that you can learn a lot about bitcoin
crustycrab666
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December 07, 2017, 08:14:55 AM
 #15

I think you are wrong subforum. please log in here https://bitcointalk.org/index.php?board=39.0 to get the answer you want. there are many such questions. you will get a lot of knowledge about bitcoin and how to get it.

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Phoenixpple
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December 07, 2017, 08:16:36 AM
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In short, bitcoin is a virtual currency. It's the first virtual coin.
The complex view is that bitcoin represents the entire encrypted currency, it is block chain technology, or you can think of it as an investment.
teilwalL05
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December 07, 2017, 08:27:32 AM
 #17

I think you have the very idea on what is bitcoin already, and in gaining knowledge in what really it is you can sure search the internet about its history and how does it start just like the rest of the people here suggested, but if you are asking on how you can certainly earn it all of the old ones in the forum can sure help you with it because there are certain ways in earning it in the forum not only bitcoin but other Cryptocurrency as well
samarahewasht
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December 07, 2017, 11:35:55 AM
 #18

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros  ,  they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
codered000
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December 08, 2017, 05:52:13 AM
 #19

Bitcoin is a digital currency or cyptocurrency It's a peer-to-peer transaction method without any administrator in between - like banks or government. Bitcoin started way back 2009 when Satoshi Nakamoto released it as an open source code.
Budugbass
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December 08, 2017, 06:23:29 AM
 #20

Just read a lot of many articles in google about bitcoin and everything that's related on bitcoin also the other cryptocurrencies, You will find a lot of basics knowledge of bitcoin itself.
From the first time I got to know about bitcoin.. I doing that, and I've asked to someone that was more experienced than me about bitcoin in my place where I live.
And after that, i find this forum and reading / learning more about how to earn money / profits from bitcoin.
Good luck and hopefully You would become a great Bitcoiner!!
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