What Is Bitcoin
Bitcoin (BTC) is the first ever cryptocurrency known to man, it was created on January 3, 2009 to a group or individual known as Satoshi Nakamoto. Bitcoin is used to make secure and instant transfers of value anywhere in the world. It is not controlled or insured by any bank, government or Federal Reserve. It is an open network that is managed by its users and investors. Bitcoin is an improvement to existing payment unlike any we have ever seen before; it can be sent all across the world. There are currently no transaction fees and you do not need to give your real name which adds some extra security benefits. Bitcoin is still in the early stages however, users can pay people for doing jobs, buying pizza, and you can even buy gift cards from Amazon all with bitcoin. As the world continues to grow and expand in the internet era more merchant will see the need and opportunity for bitcoin and other cryptocurrencies.
Why Should You Use Bitcoin
Bitcoin can be used to buy items anonymously online. Payments international are easy and cheap because bitcoin is not restricted to any county or regulations. Bitcoin is great for small businesses because there are zero credit card fees. Other people are strictly investing and holding bitcoin hoping that as the demand and acceptance continues to raise, so will the value of the currency. Bitcoin is safe to use because its core protocol can be viewed by anyone. The Currency has been vetted by thousands of security researchers from around the world and has proven to be reliable. Using bitcoin is very similar to using other online applications to send any emails or online banking. Just like Gmail or TD bank that asks you to enter your email and password before you can access your account, so does bitcoin.
Invest in Bitcoin
As previously stated many experts predict bitcoin will hit $1 million dollars in our lifetime, bitcoin is currently around $4300 per unit. This leaves a huge gap to fill for bitcoin and potentially a bigger reward for you the investor. As popular as bitcoin is becoming many people doubt that it will ever reach one million dollars and think it will ultimately be worthless. Bitcoin being the first cryptocurrency available is referred to as “gold” it has the highest value of all the cryptocurrencies and only 21 million units will ever be made. Besides bitcoin and litecoin no other cryptocurrency has a cap or limit to how many can be made. With a cap of only 21 million units this will not get inflated as paper money and will eventually become scarce when all of them have been mined.
Bitcoin Mining
People can earn bitcoins by mining them by using computers to solve complex math puzzles. This is essentially how bitcoin is created. Every 10 minutes a bitcoin miner is rewarded with 25 units. Once the bitcoin is mined it becomes part of the blockchain, which is a distributed database that is used to maintain a continuously growing list of records, called blocks. Bitcoins can be mined with special computers with large amounts of power and storage, which can be purchased here.
Value Of Bitcoin
Bitcoin is traded all across the world in dollars, yen, euros, and other currencies. Bitcoin can be traded 24 hours a day 7 days a week. The price is determined by the demand for buying or selling bitcoin, which means it, can fluctuate from day to day, even minute by minute. Because bitcoin is so new it can be very volatile meaning it can go up or down significantly from day to day.
How To Get Free Bitcoins (BTC)
There are a handful of ways to get free bitcoins, however, the payouts are rather small and can be time consuming. One of the easiest ways to get free bitcoins is to invest $100 or more in bitcoin, litecoin, or ethereum once you do this coinbase will give you $10 free dollars’ worth of bitcoin. Say you invest $100 in bitcoin, you will instantly get an addition $10 or 10% more of free bitcoins. Once you sign up using this link and get your $10 you can then refer other people to do the same by clicking on your unique affiliate link. Each time someone buys $100 or more of cryptocurrency they will earn $10 of bitcoin as a reward you will also own $10 worth of free BTC! It’s the gift of free bitcoins that keeps giving. Click here to sign up and receive your free bitcoins.
Bitcoin (BTC) is the first ever cryptocurrency known to man, it was created on January 3, 2009 to a group or individual known as Satoshi Nakamoto. Bitcoin is used to make secure and instant transfers of value anywhere in the world. It is not controlled or insured by any bank, government or Federal Reserve. It is an open network that is managed by its users and investors. Bitcoin is an improvement to existing payment unlike any we have ever seen before; it can be sent all across the world. There are currently no transaction fees and you do not need to give your real name which adds some extra security benefits. Bitcoin is still in the early stages however, users can pay people for doing jobs, buying pizza, and you can even buy gift cards from Amazon all with bitcoin. As the world continues to grow and expand in the internet era more merchant will see the need and opportunity for bitcoin and other cryptocurrencies.
Why Should You Use Bitcoin
Bitcoin can be used to buy items anonymously online. Payments international are easy and cheap because bitcoin is not restricted to any county or regulations. Bitcoin is great for small businesses because there are zero credit card fees. Other people are strictly investing and holding bitcoin hoping that as the demand and acceptance continues to raise, so will the value of the currency. Bitcoin is safe to use because its core protocol can be viewed by anyone. The Currency has been vetted by thousands of security researchers from around the world and has proven to be reliable. Using bitcoin is very similar to using other online applications to send any emails or online banking. Just like Gmail or TD bank that asks you to enter your email and password before you can access your account, so does bitcoin.
Invest in Bitcoin
As previously stated many experts predict bitcoin will hit $1 million dollars in our lifetime, bitcoin is currently around $4300 per unit. This leaves a huge gap to fill for bitcoin and potentially a bigger reward for you the investor. As popular as bitcoin is becoming many people doubt that it will ever reach one million dollars and think it will ultimately be worthless. Bitcoin being the first cryptocurrency available is referred to as “gold” it has the highest value of all the cryptocurrencies and only 21 million units will ever be made. Besides bitcoin and litecoin no other cryptocurrency has a cap or limit to how many can be made. With a cap of only 21 million units this will not get inflated as paper money and will eventually become scarce when all of them have been mined.
Bitcoin Mining
People can earn bitcoins by mining them by using computers to solve complex math puzzles. This is essentially how bitcoin is created. Every 10 minutes a bitcoin miner is rewarded with 25 units. Once the bitcoin is mined it becomes part of the blockchain, which is a distributed database that is used to maintain a continuously growing list of records, called blocks. Bitcoins can be mined with special computers with large amounts of power and storage, which can be purchased here.
Value Of Bitcoin
Bitcoin is traded all across the world in dollars, yen, euros, and other currencies. Bitcoin can be traded 24 hours a day 7 days a week. The price is determined by the demand for buying or selling bitcoin, which means it, can fluctuate from day to day, even minute by minute. Because bitcoin is so new it can be very volatile meaning it can go up or down significantly from day to day.
How To Get Free Bitcoins (BTC)
There are a handful of ways to get free bitcoins, however, the payouts are rather small and can be time consuming. One of the easiest ways to get free bitcoins is to invest $100 or more in bitcoin, litecoin, or ethereum once you do this coinbase will give you $10 free dollars’ worth of bitcoin. Say you invest $100 in bitcoin, you will instantly get an addition $10 or 10% more of free bitcoins. Once you sign up using this link and get your $10 you can then refer other people to do the same by clicking on your unique affiliate link. Each time someone buys $100 or more of cryptocurrency they will earn $10 of bitcoin as a reward you will also own $10 worth of free BTC! It’s the gift of free bitcoins that keeps giving. Click here to sign up and receive your free bitcoins.
Disclaimer: This is not investment advice; these are just my own opinions. Only invest the money you can afford to lose.
Disclaimer: This is not investment advice; these are just my own opinions. Only invest the money you can afford to lose.
