Get to know Bitcoin in five minutes.
Understand what is Bitcoin? within 5 minutes
Have you noticed that the cryptocurrency industry is getting more and more interesting among people of all genders and ages? Not even students, students themselves, that’s because a character is born. and made the digital currency widely known It can’t be anything other than ‘Bitcoin’, the hero of the crypto world.
Get to know Bitcoin in five minutes
So do you know Bitcoin well? Today we will take you to find out the answer together. The protagonist like Bitcoin, what exactly is it? Including the whole story about Bitcoin, a short, but understandable, complete, end in one place.
What is Bitcoin?
Bitcoin is a freely tradeable digital currency via a decentralized network called ‘blockchain’. Do not rely on middlemen to control. But every user on the network can access and verify every transaction that takes place on that blockchain.
If speaking simply Bitcoin is like a real currency that can be bought and sold over the internet. It’s just that it doesn’t have a shape. intangible But we can know every movement in our Bitcoin through a highly secure blockchain system. According to statistics, since the emergence of blockchain in the world I have never found any hacking or destruction of data. even once
Open the beginning of ‘Where did Bitcoin come from?’
If Bitcoin works like this. You want to see the face of the inventor of Bitcoin, right? Including the story behind it before it became the Bitcoin that it is today. We will tell you…
Bitcoin was created by a group of software developers who go by the pseudonym “Satoshi Nakamoto” to solve the problem of monetary manipulation and market manipulation. Thus, the idea was to create a currency that users could exchange freely. without going through an intermediary (Decentralised), but uses the technology behind the house (Blockchain) to help support the work instead.
This is the very first digital currency that pioneered the cryptocurrency space. And is considered the origin of working in the blockchain system which other cryptos Nowadays, they are all based on this system, such as competing coins like Ethereum, Litecoin, or other altcoins like Ripple (XRP).
3 Features That Make Bitcoin Special
Read here You have probably already begun to see images of our hero. That there is a place to go? But this is not all. Because we will take you to delve into the specialties that make Bitcoin the most watched and talked about of all digital coins.
1. Bitcoin can be mined, but limited to 21 million
It must be mentioned that Bitcoin will continue to be added to the market from mining, but the supply is limited to only 21 million worldwide. and when demand continues to increase Can you imagine what will happen? Of course, the value of Bitcoin will increase accordingly. This is the charm that makes traders wait to buy and sell bitcoins at the top.
2. Running on a good system…Decentralized
Your every move in Bitcoin is not controlled by an intermediary. or even any financial institution Allows you to freely exchange bitcoins in just a few minutes. In addition, the system can also record data from the first transaction. On the day you start owning Bitcoin as well.
3. Can be used to actually buy goods and services
Did you know that in addition to buying Bitcoin to make a profit? Nowadays in many Countries can also use Bitcoin to buy goods and services like real money, such as buying Windows apps in the US and other countries. The world has turned its attention to Bitcoin MiningBelgium
I want to play Bitcoin, how do I start?
You can choose to invest or play Bitcoin in 2 ways, namely Bitcoin mining. By buying your own digging machine But you may need to carefully calculate the cost and volatility of the Bitcoin value. And another popular method is trading bitcoins in the crypto market, which is open 24 hours a day through a platform that is legally open here with MiningBelgium Start trading cryptocurrencies easily Just apply for an account on the leading digital coin trading platform link (Follow the link)
Bitcoin good or not good?
The answer is playing bitcoins for real money. Because playing Bitcoin is speculating from the difference in the price of buying Bitcoin, known as “buy cheap, sell high profit”.
MiningBelgium
We are giving away 0.25 Bitcoin! Read here how to qualify.
Anyone who generates a sale from now through March 31 has a chance to win this prize.
The more sales, the more chance. Each sale is a lottery number.
We will announce the winner in the first week of April.
his prize is an additional opportunity to earn money.
Reference from
blog.bitkub.com/what-is-bitcoin-8e94e8b61b5e
Technology for a better life
Nowadays, our lives depend on technology for a better life to live more comfortably
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Hello, that was very informative, as someone not too familiar with cryptocurrencies, finding this article was fantastic. It was quick, to the point and very simple to grasp. I heard Bitcoin is the first coin and the best one, all others will not work out in the long run and that the price will go up a lot higher than it has, any opinions on Bitcoin growth? or is it better to just day trade it?
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This is an exciting article. I purchased bitcoin a number of years ago and have had fun watching it grow. I have made some money, but I have had a lot of fun acquiring bitcoin and watching it. I have also invested in a few other cryptocurrencies. I was exciting to follow the link you offered to begin mining and also promoting Mining Belgium. I am not completely clear on how this works but I going to do more research. Your explanation about Bitcoin was quite clear and will help those not familiar with cryptocurrency. Thanks for this information.
Thank you for the message wish you luck :))
The fear of losing cash gripped many folks when cryptocurrency first came out. But we are getting to understand its safety and indestructibility. Thank you for this opportunity to earn from creating content. It is not only to earn but to learn about this emerging market. And as I research bitcoin, I will know more about the topic. See you in mining-Belgium
Thank you for the message. There are always good opportunities. Good luck to you.
Very interesting facts about Bitcoin. I first heard the term from Richard Pryor in the 1980s with the movie “Superman” His character worked for IBM, and he found a way in writing a coding sequence to take from IBM several million dollars by having the computer provide him the .005 of every employee’s check! I do not remember which one of the series that story was in, but I remember the story!
Since Mr Pryor passed away several years ago, I find it interesting that there are those who are taking the secret he found to a new, MACRO level! In my day, it was seen as a fabrication and a fantasy….Amazing how it is changing society now!
I love your down to earth explanation in terms everyone can understand. Perhaps resizing your banners and other media advertisements to make them a little smaller will give the webpage a more fluid look? Thank you for your unique insights, Well Done!
Thanks for the great informative text and advice, I’m working on customizing and putting up banners. Update the website thank you very much
Came across this article after searching google to learn more about bitcoin. As I found a service that would like to use but only acceptable payment is bitcoin, however bitcoin gets a lot of bad press because individuals using to scam people and resulting in prison time. After reading your great post about the understanding of bitcoin, I believe will use bitcoin now to pay for services. I have shared your information on social media to help others who don’t understand bitcoin like me.
Thank you for the message Yes, be very careful now. must find a company that can be trusted and thanks for the advice
I really liked how you explained what it is as I knew of it but never really understood it! I also loved how at the end you give the tips on how to get started myself as I’ve wasted so much time watching videos on how to get into it but only feeling lost at the end and giving up. How long have you been involved in the bitcoin space?
Thank you for the message I’ve been playing bitcoin awaits for a long time but I don’t take it seriously. i am in switzerland Now Bitcoin is very important and I got a contact from MiningBelgium give me a word of public relations and I went to study and saw that It’s a great opportunity if people who are looking to invest. Because at the end you see a clear designation. and i believe really reliable
This was a refreshing article about Bitcoin. Bitcoin stepped into the world´s spotlight and left some people weary. The intention was good. but it was new and scary for some.
Then after a while, Bitcoin got some traction and then the smart people who bought/gambled on it were rich indeed.
Then Bitcoin took a dive. I still believe the concept of Blockchain is a good one.
Bitcoin right now is considered to be worth watching because in the future there may be surprises.
Your article on Bitcoin is terrific! It will give lots of information to people who don’t know what it is or how it works. As for me, when I heard about Bitcoin for the first time, I thought it was a scam. How I regret! I would probably be a multi-millionaire by now, lol. But I think that it will be the currency of the future and you can escape the official monetary system with it.
Thank you for the message I agree with your opinion, apart from gold, it’s Bitcoin. which now many countries around the world Bitcoins can be received as a payment for goods.
Interesting article. I am also vaguely familiar with Bitcoin. Although I will admit, I have never purchased or mined bitcoin itself, I have mined with the Coin App. Cryptocurrency is huge right now, so following Blockchain development is pretty intriguing! What are some of your favorite apps to use to mine?
Thanks for the message, I’ve been playing with the Revolut app for almost five years now, not taking it seriously. But enough if you know MiningBelgiumI think you should go in and try it out.
Thanks for writing this article as I am not too familiar with crypto currencies or any other type of digital currency. You had great points in your article and it was easy to understand. I now know there are multiple types of cryptocurrencies other than just Bitcoin and that they can be used and accepted for goods and services not just as an investment!
Yes, now very interesting about Bitcoin. because it is something worth investing in right now because the world is very important right now