baghdatis1990
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Miracle Tele
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April 21, 2019, 01:01:45 PM |
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There is no button called "download" to download the money from the internet, and they come out through the floppy hole. You probably refer to the method of withdrawing money from the internet. For example, on the crypto market, transactions are used based on the addresses generated by virtual wallets, and finally the money can reach your Visa card. For more details you have enough information on this forum.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Razick
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April 21, 2019, 01:11:48 PM |
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I do not understand the technical aspects So if I'm wrong, people will correct me. People download the wallets, they do not download bitcoin. People mining bitcoin, they do not download bitcoin. https://www.bitcoinmining.comI believe that there is a great difference between bitcoin and download music, video, photos from the internet In support to your statement, there is really a big difference between bitcoin and music, video and other media. Also bitcoin cannot be downloaded but we can download wallet instead. Mining bitcoin and sending bitcoin works differently from sending videos and music. When you send music and video you can send that media to almost everyone. This means that there is duplication, however if we talk about cryptocurrency, it is a different thing. There are certain protocols to follow and it works through a blockchain technology, wherein you cannot send twice what you already send. The very technology of the Blockchain is such that there can be no duplication. In other words, once a transaction has been sent, it is final. There can be no double-spending or copy transaction since the Blockchain only allows for 1 transaction which all parties (nodes) must verify. If they detect something wrong, such as an attempted double-spend transaction, then it will simply be denied. |
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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tungaqhd
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April 21, 2019, 01:48:09 PM |
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It's not true because Bitcoin and Cryptocurrency is not stored in your devices. The only thing you own is the private keys to access your coins in the network, and the transaction history will be download and save in your computer.
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spadormie
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April 21, 2019, 02:12:00 PM |
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The term is not appropriate to use. It should be you are downloading bitcoin wallets such as Electrum. And then you are transferring wallet from one wallet to another. It's not downloading, it should be transferring.
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leetcoiner
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April 21, 2019, 02:18:17 PM |
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As for me, this is some kind of nonsense. How can I download Bitcoin. If, as it were, there is no such button. What kind of nonsense are you carrying. Maybe this is just a copy of the cryptocod?
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GelaiThePom
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April 21, 2019, 02:29:22 PM |
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OP’s wording is not right about downloading but I get his point. “Downloading” can be a layman’s term for mining bitcoin to anyone haven’t heard anything about bitcoin mining. We leave our PCs waiting for our files to finish downloading and there’s a slight difference with mining. The big difference is we’re lending or sharing our resources when it comes to mining. Right now, I’m finding a good exchange worthy of my gpu mined coins these past years and I found this one called Bittreo that have a big OTC trade bonuses. |
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sheenshane
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Cashback 15%
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April 21, 2019, 05:31:17 PM |
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I still remember the day where we were not able to browse through google and it keeps on saying that we had big traffic in fact that we don't browse that much. We also spent big data without knowing where it came from. That's the point that we started to have internet security and found out that our pc was generating and mining bitcoin without our notice. We were very alarmed and felt robbed since we don't ever suspect that there are things like this.
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jak3
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April 21, 2019, 05:50:31 PM |
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Bitcoin or any other crypto assets are not even close to the process of downloading. downloading involves breaking down your data into very small packets called data packets which are then sent through the internet connections. and when they reach other end or their source they recreate the files but with bitcoin, it is not like that. bitcoin is just a public ledger which is published over the network. So, when a miner mines bitcoin blocks they are actually setting their machines into a process similar to password searching, imagine trying every password in the world until a block gets unlocked. that's why more powerful PC's can calculate the hash faster and can try a lot of passwords.
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naturerock
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April 21, 2019, 08:12:34 PM |
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As for me, this is some kind of nonsense. How can I download Bitcoin. If, as it were, there is no such button. What kind of nonsense are you carrying. Maybe this is just a copy of the cryptocod?
Well there was a bitcoin inflation bug in the past but that was patched pretty quickly. Maybe a new one will be discovered in the future? |
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Ailmand
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April 21, 2019, 08:24:26 PM |
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I think the right term that you should use is mining. Downloading virtual money straight to our computers isn't possible, because if money or bitcoin is downloadable, everyone will surely get rich. If you're pertaining to mining, then you could really have virtual money like bitcoin in time.
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fuathan
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April 21, 2019, 09:16:07 PM |
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I do not understand the technical aspects So if I'm wrong, people will correct me. People download the wallets, they do not download bitcoin. People mining bitcoin, they do not download bitcoin. https://www.bitcoinmining.comI believe that there is a great difference between bitcoin and download music, video, photos from the internet No, you are not downloading anything. People register to the Bitcoin blockchain says they have that amount of coin. |
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mistanama
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April 21, 2019, 11:37:12 PM |
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I think the right term that you should use is mining. Downloading virtual money straight to our computers isn't possible, because if money or bitcoin is downloadable, everyone will surely get rich. If you're pertaining to mining, then you could really have virtual money like bitcoin in time.
Yes, it is called mining. Mining is a lot harder now because the cryptocurrencies and the mining softwares now requires a more powerful type of machine or gpu and that costs a lot of money for a person to afford it and it is not a wise investment for now to buy some gpus because the price of the cryptocurrency are recently low compare to the past prices and it is better to just put it straight to cryptocurrency. |
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Gaff
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April 21, 2019, 11:51:12 PM |
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It's not true because Bitcoin and Cryptocurrency is not stored in your devices. The only thing you own is the private keys to access your coins in the network, and the transaction history will be download and save in your computer.
Indeed, bitcoin was stored only in virtual presentation but the most important aspect was your security to access it. Blockchain network access can only be appreciated if you transact your coins through internet, but with offline wallet or local wallet you still can't see your asset without the power of Internet connection. You should have to make sure that your confidential information won't be exposed online to other individuals, because once it was breached possible loss of funds might occur. |
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cryp24x
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April 22, 2019, 05:41:21 AM |
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I think English is not the native tongue of TS so he have expressed himself thru Layman's term which all of us can relate and understand.
He uses the word "like" so it is probably his interpretation of "downloading" to "mining". As he have compared it to music, movies and anything on the internet. I think he just want to emphasize that " money" has greater value that this because you can use it to purchase something that we need.
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