Bitcoin Forum
December 05, 2016, 06:42:48 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: How does Bitcoin work? Technical news  (Read 372 times)
GordHuff
Newbie
*
Offline Offline

Activity: 2

Article researching and various web news


View Profile WWW
August 06, 2011, 11:51:56 AM
 #1

Because it is a peer-to-peer exchange, related to the central authorities have no more money or have to track transactions. Instead, "this action is jointly managed by the network. Technology news declared " Bitcoin value of a trade-only users who wish to come to accept it. This is a "global, personal, and untraceable," says Britain's Guardian, and "Preferred Financial Libertarians, geeks, business, and, possibly, a system for drug kingpins."

Article researching and various web marketing expert. I’m seeking technology news actually newest one.
1480963368
Hero Member
*
Offline Offline

Posts: 1480963368

View Profile Personal Message (Offline)

Ignore
1480963368
Reply with quote  #2

1480963368
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Sepp
Newbie
*
Offline Offline

Activity: 15


View Profile
August 06, 2011, 12:34:23 PM
 #2

Because it is a peer-to-peer exchange, related to the central authorities have no more money or have to track transactions. Instead, "this action is jointly managed by the network. Technology news declared " Bitcoin value of a trade-only users who wish to come to accept it. This is a "global, personal, and untraceable," says Britain's Guardian, and "Preferred Financial Libertarians, geeks, business, and, possibly, a system for drug kingpins."

Right now, Bitcoin seems to generate excitement and expectation of would-be speculators and miners as in a gold rush. Lots of people upgrading their computers in an effort to spend some electricity to mine the coins (the goldrush) and lots of people actually buying Bitcoin to sit on them in the expectation that their value will go up and the owner gets a bit richer.

There is precious little going on by way of trading with bitcoins, as far as I understand.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!