Why do you love Bitcoin?

[nicolesalv]

I love bitcoin because its the crypto currency and its the king of the crypto.
It hasa lot of use cases.
I can exchange it to any other crypto.

Why do you love Bitcoin?
Why are you interested?

I love bitcoin because it gives me extra income to fulfill my  family needs. I earn bitcoin by joining signature  campaign.  It also helps me in paying my bills. A lot of students also joining bitcoin to pay there tuition fees that there parents cannot afford. Bitcoin really helps a jobless person in earning by any forms.

very true, I love bitcoin too because of the opportunity that it bring us. the opportunity to earn extra amount of money in which it could help me and my family.

[CryptoPsycho]

Bitcoin is very interesting interesting for me and in general i love bitcoin because of revolution it have made. We got alternate way of economy and mony managment.

[LaitHonor]

The main crypto currency bitkoin (bitcoin) on Wednesday evening strengthened near the mark of 7 thousand dollars, according to the data of trades.

According to the portal CoinMarketCap, as of 22.37 Moscow time, bitcoin rose by 0.95% - to 6.909 thousand dollars. At the Bitfinex exchange, the crypto currency grew by 1.12%, to 6.909 thousand dollars, to OKEx - by 1.05%, to 6.91 thousand dollars.

Alternative crypto currencies are also becoming more expensive: Ethereum - by 2.69%, to 420.89 dollars, Ripple - by 1.78%, to 0.5 dollars, Bitcoin Cash - by 0.15%, to 652.45 dollars, Litecoin - by 0.13%, to 114.56 dollars. Capitalization of the market, according to CoinMarketCap, is currently $ 270.38 billion. Bitcoin accounts for approximately 43% of the entire crypto-currency market.

"The stabilization of the bitcoine rate at just below 7 thousand dollars is not a disappointment, it inspires. The fall has been replaced by consolidation, and this is a sure sign of the projected growth, "RIA Novosti said. Plekhanov Konstantin Ordov.

Other analysts pay attention to the negative news background, in particular, to strengthen regulation in the circulation of virtual currencies in different countries. "Volatility is low - the bulls are fighting for support in the region of 6.75-6.6 thousand dollars per coin. The trend remains "bearish," and so far there are no hints of a reversal, and the constantly appearing negative news does not allow quotations to grow, "said eToro analyst Mikhail Mashchenko.

[kanayaTabitha]

Yes i love bitcoin because this is the one that i earn a lot of money very indemand and promising coins in the crypto,this is a big help to my family needed and thankfull for that.i hope that many people to known about bitcoin because this is also big help to them and bitcoin technology using blockchain. a highly developed technology in the era of digitalization.

[LaitHonor]

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.

[magix]

What I love in Bitcoin, there is big factor on my free time after work, I can earn extra money in here if I work hard on it. It will help also to our crisis days like the salary is not enough for the whole month expenses. So lucky to know Bitcoin. Hoping to invest more in here.

[clex_us]

I love Bitcoin because my life is changing and the real deal in my life. Because of the bitcoin, I feel I will succeed soon, because of something and bitcoin from nothing. Now, in my life, I am making huge changes that I have the power to support my family and self.

[human2021]

The reason I like Bitcoin is because it can bring me wealth. Although the current market conditions are very bad, but I still continue to hold it, because I believe it has room for growth, I will wait until its price reaches the height I want to sell it.

[Ziyad07]

because it helps us get a lot of profit, since my bitcoin life has changed and my point of view in my life has changed into something that makes me more and more successful. because I can buy what I want but because I change for the better.

[Mystika]

I love bitcoin maybe because it's easier for me to use transactions that use bitcoin of course, and nobody can use it just as your bitcoin password is secure, and even faster to gain bitcoin

[Ferrari76]

Saya suka bitcoin karena membuat hidup saya stabil secara finansial dan itu adalah raja koin.

[Umar001]

I personally love bitcoin, because it gives financial independence, bitcoin has help many peoples financially, many students paid their tuition fees through bitcoin, indeed bitcoin is life changer.

[wormgummy019]

I love bitcoin because its the crypto currency and its the king of the crypto.
It hasa lot of use cases.
I can exchange it to any other crypto.

Why do you love Bitcoin?
Why are you interested?

There are many reasons why I really love bitcoin. One of the reason is that I can earn money in a short and easy way in bitcoin. Another is that with the help of bitcoin I can help my parents in our daily expenses and I can spend my own money without soliciting money to my parents. And lastly, In bitcoin, it has a very easy transaction.

[Inovasi87]

I really love bitcoin because it helps me in so many ways, before I was plain housewife and has 2 kids so I just  feel that I'm a less person because of that but when bitcoin came into my life my life change and my point of view in my life was change into something that makes me more me and more successful in life not only in financial because I can buy what ever I want but because I change for the better.

[pekavcilar01]

I'm earning money. This is the most important reason for me.
Coin stock exchange is a good place to make money. People are getting good money on this count. There are millions of dollars worth of winners.
I have a lot of friends who turn their small investments into big investments.

[MDEVIL]

I really love bitcoin because its helps me in so many ways. It can save our future life to better. Bitcoin give me financial freedom and Independence. Its very helpful for me and my family.

[waqasniaz007]

 I love bitcoin. But I never took the moment to explain why because the reasons are not relevant Bitcoin is the first implementation of a technology that I believe in. I believe this technology gives our generation reasonable chance to make this world better, not perfect, but just better. Better for my generation, and much more prosperous for my children.

[ofelia25]

I love bitcoin because a lot of people change their life because of this and not only mo, regardless of the race, status, age, gender we are all free here to do cryptocurrency there is no limit how much we will invest or what.

[Bervelukan]

It is true that I really like bitcoin and as you say it is also what I like, and also because bitcoin has a good confidence and also an increasing price every year that is perfect for investing.

[786SehrishAkhtar]

I love Bitcoin because its a first unique concept which removes Banks major fee and make the transaction faster than banks