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Author Topic: What is the basis of bitcoin?  (Read 767 times)
jjacob
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May 14, 2018, 06:17:40 PM
 #121

The basis of Bitcoin is decentralized trust. If you get your head around that, you will have no problems with anything else. All the other arguments - block size, transaction cost, confirmation time, etc are parameters which are incidental. Decentralized trust was the real breakthrough.


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MBAPOLIN
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May 14, 2018, 06:51:19 PM
 #122

I am new user but I think bitcoin decentralized trust.Bitcoin is the new improve marketing.it is first cryptocurrency and worldwide payment system.
UmerIdrees
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May 14, 2018, 06:55:46 PM
 #123

Bitcoin is a new Innovation of the world in the form of digital currency.
Can be used as domestic and foreign payment transactions.
Can also receive and send money in small or large quantities with a very fast time without involving other parties.

If you want to know when the price of Bitcoin rises and falls, consider the response of the Bitcoin Cryptocurrency market.
Or read on, find out about Bitcoin in the Forums. So you can have a better understanding of Bitcoin

In simple words, Bitcoin is a digital currency which cannot be touched like FIAT currency, It is a virtual currency.

Aragorn_125
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May 14, 2018, 07:00:14 PM
 #124

Bitcoin in the first place is a very convenient way of payment, as it is easy to use and it is very famous because it was learned as the first coin cryptocurrency and cryptocurrency market, I think it is now and holds bitcoin.

makolz26
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May 14, 2018, 07:10:39 PM
 #125

Bitcoin is a new Innovation of the world in the form of digital currency.
Can be used as domestic and foreign payment transactions.
Can also receive and send money in small or large quantities with a very fast time without involving other parties.

If you want to know when the price of Bitcoin rises and falls, consider the response of the Bitcoin Cryptocurrency market.
Or read on, find out about Bitcoin in the Forums. So you can have a better understanding of Bitcoin

In simple words, Bitcoin is a digital currency which cannot be touched like FIAT currency, It is a virtual currency.
Indeed! That is why most of the people does not want it because they are afraid that anytime it can have no value or it can be hacked by someone, since you cannot physically touch it unlike cash.
Godef
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May 14, 2018, 07:36:27 PM
 #126

what is the basis of bitcoin?

Hi guys can you tell me what the bitcoin basics really mean as it rises or decreases?
if so what?
As a novice here at bitcoin I still confused why this system is?


For those who share an opinion are most appreciative.
The basis of bitcoin is primarily his performance, after all, a good indicator was in the beginning of his wrstlemania, was shown a good rise, PA is now he just gets up on his rightful place in the market.
jackjones53
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May 14, 2018, 09:30:14 PM
 #127

Growth and price drop? in my opinion everything is clear, the crypto-currency market works by the same rules as all the others. The only difference is that market capitalization is still too small, so large players can change the price as they need!
Odlanyer
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May 21, 2018, 08:41:31 AM
 #128

The basis of bitcoin is  decentralized trust because bitcoin is first cryptocurrency and worldwide payment system and it is very famous to many and easy to use and bitcoin is a future money that can help to daily needs.
riuzfairus
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May 21, 2018, 09:27:53 AM
 #129

Bitcoin is a virtual or digital currency that has been developed around 2009,Bitcoin as well as the Rupiah and Dollar, only bitcoin is available in the digital world. In short it may sound like eGold, but bitcoin is still a bitcoin that is actually much different from eGold.
MicaleFalcon
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May 21, 2018, 11:52:51 AM
 #130

bitcoin is the subject of world wide interest and the rise and fall in the strategy i think.
Saiful Islam777
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May 25, 2018, 06:17:07 PM
 #131

Bitcoin is the world's first cryptocurrency and it earns the money in modern way. Bitcoin is a lot of money basis. So many people benefit from investing.
sungaiyangderas
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May 26, 2018, 05:04:48 AM
 #132

Bitcoin is the first example of cryptocurrency, which is produced by people and businesses around the world using computer software, individual bitcoin is a paper currency system using doller currency. Bitcoin is a method of payment or value transfer that is independent of government authorities such as a central bank that has traditionally controlled the money supply and currency availability in the global market.
CoinstarF
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May 26, 2018, 05:14:12 AM
 #133

what is the basis of bitcoin?

Hi guys can you tell me what the bitcoin basics really mean as it rises or decreases?
if so what?
As a novice here at bitcoin I still confused why this system is?


For those who share an opinion are most appreciative.
investing with bitcoin is advantageous if we can make use of it and be practically transparent but we also need to know also the shortcomings of bitcoin investment in price and its value is not certain the value and the exact price

Bitcoin has it's own originality basis upon the users consumers and investors who's until now still managed well we don't feel afraid of down prices is volatile it may goes up.
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