What do you want to Buy with Bitcoin?

[bentong talong]

Well, it may depend on how much am I getting. Because if the value is less than expected, I would rather hold than sell but if the exchange rate is higher, I could buy things that are available for that value...

Yes, it depends on how much Bitcoin I have. If I have a large amount of Bitcoin, I will buy house or invest to other business, but If I have a small amount of Bitcoin, I will hold it for a while until the value gets higher.

[1715462372]

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[1715462372]

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[gtx1060aa]

my expectation of this bitcoin is to find the capital to open my own business so I can be a successful person with this bitcoin and can be sufficient for everyday needs and can make my family happy

[otong]

which I want to buy with bitcoin ie home and car. after the second was realized I wanted to raise my parents' hajj. then I also want to do good deeds and do good with bitcoin.

[Bitcoin2009]

How Bitcoin appeared
At the end of October 2008. e-mail subscribers of the resource gmane.comp.encryption.general received a message from the sender named Satoshi Nakamoto. The message contained a description of the essence and properties of the created crypto currency called bitcoin. The subscribers were explained that the new virtual currency unit is reliably protected from fraudulent operations, does not depend on any organizations, and provides an opportunity for its anonymous use to its owners. All information about the new crypto currency was also posted on bitcoin.org.

However, the history of bitcoins history, or rather, to say, the prerequisites for its creation were known much earlier. Even 10 years before bitcoin appeared, the advantages of creating uncontrolled crypto currency were described in his novel by Neil Town Stevenson. And researcher Nick Szabo up to 2005 worked on creation of electronic money system Bitgold. He argued that the virtual currency will not be subject to inflation. In addition, it can not be faked and stolen.

First deals
2009 is considered the year when bitcoin appeared. In January of this year the bitcoin application was launched for the first time. The starting money block in this system was generated by Satoshi Nakamoto, the bitcoin creator. A few days later, the first operation of transferring the bitcoin crypto currency from the account of one user to another was made.

There is a natural question: how much did bitcoin cost when it appeared, and where did these monetary units come from? It turns out that bitcoins were generated by users on computers. The bitcoin course in the end of 2009 fluctuated in the range of 700-1600 units. for 1 dollar. He was published on the resource NewLibertyStandard. The scheme of its calculation was primitive before the outrage. Based on the average power of the computer processor, multiplied by the price of electricity in the US and divided by the number of bitcoin generated by the site's creator.

Interesting to know! The first serious transaction, accomplished with the help of bitcoin, was the purchase of pizza. In May 2010, one of the users of the forum said that he was ready to pay 10 thousand bitcoin for pizza. At that time, the real cost of the pizza was 25-30 dollars.

The year 2011 was marked by the appearance of the MtGox exchange, which became the first platform on which it was possible to exchange bitcoin for ordinary money.

What is secured by bitcoin?
In contrast to conventional money, bitcoin is not backed by absolutely no material values. Neither the banks nor the issuing fund are engaged in supporting the course of the crypto currency. How then can you trust this virtual monetary unit, if the owner does not have any financial guarantees?

The fact is that the one who came up with the crypto currency was not going to back it up with gold or shares. This payment system has completely different properties. The pricing in it is completely dependent on real demand and supply on bitcoin. In this it is difficult to believe the people who encountered different financial pyramids. But, the fact is that bitcoin is created in this way - its value will only increase with time. This is because the cost of creating each new coin exceeds the cost of the previous one.

Who invented bitcoin and why, if there is no system of protecting depositors, and the value of virtual coins is not protected by anything? The point is that bitcoin was designed as an independent decentralized system for anonymous transactions. This currency has no "shadow" owners. Its stability is not able to affect either government bodies or large corporations.

To convince users that bitcoin is a serious project, and not the next pyramid, the following facts can be:

bitcoin has the highest degree of protection from falsification (it is almost impossible to generate keys or to forge existing ones);
each transaction has a complex security system consisting of at least 6 confirmations;
bitcoin mining is impossible without expensive computer equipment;
the number of goods and services that can be bought is constantly growing, paying for them with bitcoins;
Change in the protocol of the system is possible only if there is agreement of 90% of the members of the community.
Interesting to know! Every minute in the world there are at least 100 transactions involving bitcoin. This is a convincing proof of the prospects of the crypto currency.

satoshi pokamoto without a face Who is he, a brilliant inventor named Satoshi Nakamoto?
To this day, the question remains: who invented bitcoin? The history of creating a new crypto currency bitcoin refers to Satoshi Nakamoto. Is he judging by the name of a Japanese? Or, nevertheless, this is the conditional name of a group of people engaged in the creation of bitcoin, and wished to remain anonymous?

Very interesting is the analysis of the name of the one who invented bitcoin. If you translate from the Japanese "Satoshi", then literally it will sound like: "wise", "resourceful" or "clear thinking". The beginning of the name "Naka" in Russian means: "relationship" or "inner environment". The second part of Moto is translated as "foundation" or "origin". Is not it a very suitable name for the creator of a cardinally new, cunning financial algorithm?

To reveal the secret, who really is this great inventor, hiding under the name of Satoshi Nakamoto, so nobody has succeeded. The only thing known reliably about who created bitcoin, is that this person has a very unusual thinking. This confirms Jeff Garzik - one of the main developers of the system. He argues that the principle of writing the code of the ingenious inventor of crypto currency does not fit into the level of intelligence of a typical software engineer.

Specialists say that Satoshi Nakamoto is a very wealthy person. After all, at the end of 2013, he owned the amount of bitcoin, which, in terms of dollars, amounts to 1 billion.

Now this person has left the affairs connected with system bitcoin. He said this in 2011. But, he is sure that his brainchild, bitcoin, is in the reliable hands of a team of professionals led by Gavin.

The history of bitcoin is unusual. It is shrouded in a haze of mystery, which hangs around the name of the main creator. But, the fact remains: the ingenious invention works, and the new crypto currency becomes more popular every day.

Long but very interesting writing and analysis, I think it's just a matter of time to get all the nations and everyone to accept bitcoin, with the improving global economic conditions will certainly have a big impact on the future of bitcoin.

[Faxmate]

I really want to buy a house, if I rely on salary as a factory employee of course very difficult, with his bitcoint I really hope I can buy a house, I am very sure bitcoint can make my dream to buy a house.

Be hoped because bitcoin will surely give you a house of your own choice, bitcoin benefit is very high but we just need to use it sell. Price of bitcoin currency is increasing more and more,  I want to buy a car I want to buy all my daily needs with bitcoin, for me market is getting high with time so I know bitcoin will give me safe and secure future. So I am planning for best output with my bitcoin this year, and buying a house with bitcoin is very easy it is not a big deal.

[gtx1060aa]

The first thing I want to buy with bitcoin is agricultural land  for my parents, also I would like to put-up my own business like grocery store and bitcoin will be my source of fund.

[icomap24]

Personally, I like travelling and I dream to make journey around the world. And I want to improve my house and make it more comfortable and presentable.

[Ralphson]

BTC is amazing.I just love it,however, im planning to own a mansion and some cool mercedes benz with it lol..just wanna be a millionaire with it thats all

[gtx1060aa]

My one and only ultimate goal that I set on myself that someday I could have this with the help of bitcoin and I think I made a right choice today, I made a right decision where I gonna spend my time to earn money, and that is doing earning bitcoin.

[wewe123]

If I have the chance of gaining from bitcoin and I can have bitcoin my first priority in using this bitcoin is to invest it to the education of my children, send them to the prestigious school that offer a very high quality education, and if I have more I want to buy a beautiful situated land in our area that are my priority to buy from bitcoin.

[P60]

Personally, I like travelling and I dream to make journey around the world. And I want to improve my house and make it more comfortable and presentable.

Me too, I really want to travel so if I will earn money using Bitcoin, it would be great opportunity to make my dream come true; also, I would like to invest my remaining money to different businesses.

[marabanda]

Actually a lot of things)
I would in general like bitcoin to become much more popular in terms of options that you can buy for it. However, at the moment there is a huge number of difficulties, which most likely will not be solved in the near future.

[Naughty Princess]

Well, it may depend on how much am I getting. Because if the value is less than expected, I would rather hold than sell but if the exchange rate is higher, I could buy things that are available for that value...

Yes, it depends on how much Bitcoin I have. If I have a large amount of Bitcoin, I will buy house or invest to other business, but If I have a small amount of Bitcoin, I will hold it for a while until the value gets higher.

When I get good amount of bitcoin, I can will buy a land. Land is good investment either. The price of land cost a million nowadays. It is good to place your money in other things that it will be useful for the future. For now I am earning bitcoin to built our house for us to live comfortably. Little investment to other assets will make it big for the long time. There will be a good place for bitcoin to spend of, which is business.

[Evakotel]

I want to buy with bitcoin is that cars, motor, shoes, shirts, computer, house and lots and etc. There are so many things that I want to buy with bitcoin because that is my dream. I will also buy a car for my grandparents because that is their dream and I will travel the world with my family and friends.

[Yarsk]

In this new year I plan to make a lot of positive achievement through bitcoin if possible to own the first mining farm in my country and at the same time buy myself a good home and also a car that can support my movement buying new mining equipment and also own an exchange site.

[gtx1060aa]

To me I would like to purchase all most everything with
bitcoin, because when you are using bitcoin to purchase
goods you get allot of discount of the merchant goods

[ghost07]

for this day when i receive a big income to my bounty campaign im planning to buy my own car because im a traveler. car will be good to invest because it is very useful in my side as traveler. i dont need house and lot this time because i have already.

[brightology]

if i have bitcoin now, and you ask me what to buy, with my bitcoin? already i have a road map of the year to achieved, that achievement keep on hold because of no cash to ex-acute the plain, first thing i need to buy is to settle an agriculture farm, and by equipment and follow the other process to the establishment of that project, that is my dream. it we help to empower youth through employment, already it has create a job opportunity.  

[quirman77]

I want to buy a house and have my own car, so I can focus more on working in this crypto currency.

[PauloLuks]

I want to buy a lambo and a big house in Beverly Hills. I also want to buy a big boat and maybe the entire facebook company. It will be awesome. I will implement bitcoin as payment for facebook services.