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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Bitcoin Cash: Peer-to-Peer Electronic Cash (BCH)

Bitcoin Cash (BCH) brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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What is bitcoin mixing? Is it legal?

Sounds risky asf. Do people actually put their coins at risk for this?
submitted by Wheres_ma_source to Bitcoin [link] [comments]

What Is Bitcoin’s Intrinsic Value?

What is the value of Bitcoin? It’s a question that’s been asked since the innovative asset first appeared on message boards, and it’s only persisted as its value and usage has grown.
But while one definitive answer to this question remains elusive, that doesn’t mean it’s not worth exploring. In fact, examining this question in all of the many ways it can be answered can help savvy investors and traders clarify their own notions of value.
In a new report entitled “Bitcoin & Intrinsic Value,” Kraken Intelligence, our team of analysts, attempts to provide just this perspective, summarizing where believers and skeptics stand in the debate and analyzing how different definitions of value might be extended to bitcoin.
In the report, we examine the value of Bitcoin through all of its potential lenses, including:
In our full report, we explore this question further, applying common valuation models from the world of real estate, collectibles and fiat currencies.
DOWNLOAD FULL REPORT HERE.
submitted by kraken-jeff to BitcoinMarkets [link] [comments]

What is Bitcoin? A brief history of BTC to share with your friends and family.

What is Bitcoin? A brief history of BTC to share with your friends and family. submitted by jprichardson to Bitcoin [link] [comments]

What is Bitcoin Mining?

What is Bitcoin Mining? submitted by 99promitsaha to CryptoCurrency [link] [comments]

What is Bitcoin SV (Satoshi Vision)?

What is Bitcoin SV (Satoshi Vision)? submitted by Karpaty to CryptoCurrency [link] [comments]

What Is Bitcoin's Intrinsic Value?

What Is Bitcoin's Intrinsic Value? submitted by kraken-jeff to Bitcoin [link] [comments]

What Is Bitcoin’s Intrinsic Value? New Kraken Intelligence Report

What Is Bitcoin’s Intrinsic Value? New Kraken Intelligence Report submitted by kraken-jeff to BitcoinUK [link] [comments]

What is Bitcoin? A brief history of BTC to share with your friends and family.

What is Bitcoin? A brief history of BTC to share with your friends and family. submitted by jprichardson to CryptoCurrency [link] [comments]

What Is Bitcoin Backed By?

What Is Bitcoin Backed By? submitted by vlad_localbitcoins to localbitcoins [link] [comments]

What is Bitcoin Wallet? How to use it? -

What is Bitcoin Wallet? How to use it? - submitted by Mr_SauravKT to BitcoinTutorial [link] [comments]

What Is Bitcoin Mining: A Step By Step Guide

What Is Bitcoin Mining: A Step By Step Guide submitted by hannaflores108 to u/hannaflores108 [link] [comments]

What is Bitcoin In Hindi https://snappymovie.com/what-is-bitcoin-hindi/ #bitcoin #bitcoins #makemoneyonline #makeMoneyFromHome #bitcoinbank

What is Bitcoin In Hindi https://snappymovie.com/what-is-bitcoin-hindi/ #bitcoin #bitcoins #makemoneyonline #makeMoneyFromHome #bitcoinbank submitted by princesatiza100 to u/princesatiza100 [link] [comments]

What is Bitcoin Cash and some exchanges to try out!

Bitcoin Cash (BCH) came about in August 2017 after a hard fork and a split in the Bitcoin blockchain. Bitcoin Cash is a direct result of the constant debates and many opinions about the future of Bitcoin’s scalability and mass adoption.

Bitcoin vs. Bitcoin Cash

Bitcoin’s blockchain has grown exponentially in recent times. This means that many more users are using the cryptocurrency, which is slowing down the network.
The limited Bitcoin block size of 1 MB means that blocks are filling up quickly, resulting in a long queue of unconfirmed transactions. As a result, at peak times, transactions have become slow and expensive.
Bitcoin cash, on the other hand, was initially created with an 8MB block, which was later on increased in size to 32MB. This change allows for more transactions to be processed in each block mined.
Many see this as a step forward in terms of how best to scale the network.
Bitcoin Cash opposers remain adamant that it’s simply a short-term fix that doesn’t solve the problem in the long run. Also, they claim there’s no implementation of ideas such as Segwit to help effectively break transactions down into smaller, more manageable pieces.
Bitcoin Cash (BCH), Sometimes referred to as Bcash, is a fork of Bitcoin (BTC). When a fork occurs on a Blockchain, the currency is basically duplicated.
This means that anyone with Bitcoins in his possession at the time the fork occurred, got credited with the same amount of Bitcoin Cash.

Buying Bitcoin Cash in 3 Simple Steps

Step 1: Get a Bitcoin Cash Wallet

Before you can buy Bitcoin Cash, you’ll need a Bitcoin Cash wallet to store it in. Hardware wallets that support Bitcoin Cash include industry leaders Ledger and TREZOR.
Both Ledger and TREZOR provide functions for you to use Bitcoin Cash as you would any other cryptocurrency. Both have also introduced the ability to claim your funds if you already owned Bitcoin at the time of the Bitcoin Cash hard fork.
Additionally, there are a variety of software wallets you can use to store Bitcoin Cash as well.
Exodus provides a great user experience with a seamless coin exchange service known as Shapeshift built in.
Edge is a mobile wallet for iOS and Android that supports multiple cryptocurrencies including Bitcoin Cash. It also has a variety of features allowing you to buy cryptocurrencies and exchange them from within the app.
Electron Cash is a clone of the awesome Electrum wallet for Bitcoin. If you’re used to Electrum, then you’ll have no problem jumping on board with its sister technology.
Other wallets that support BCH include Keepkey, BTC.com, Bitpay, and Coinomi. You can view all available wallets on the official Bitcoin Cash website.
Once you have your wallet, you will need your Bitcoin Cash address. It’s a long string of letters and numbers that start with either a “1” or a “3” — similar to normal Bitcoin addresses.
Since many people got confused and started sending Bitcoins to Bitcoin Cash wallets and vice versa, a new format was invented for Bitcoin Cash. The format, called “Cash Address” is 42 characters long and starts with a “p” or a “q”. Here’s an example:
qpm2qsznhks23z7629mms6s4cwef74vcwvy22gdx6a
Keep in mind that Cash Addresses are just a representation of original Bitcoin Cash addresses. This means that the same address can be represented in two different ways (normal format or Cash Address format).
Not all wallets support Cash address format.

Step 2: Find a Bitcoin Cash Exchange

Most Bitcoin exchanges will also allow you to buy Bitcoin Cash, here are top ones around.
Buy Bitcoin Cash Through eToro
eToro allows users from around the world to buy and sell Bitcoin Cash with a variety of payment methods.
eToro is more aimed towards investing in BCH for making a profit in fiat currency (i.e. Dollars, Euros, etc.) rather than actually using it. That being said, eToro does give you access to your coins and allows you to send coins from eToro to other people.
If you use eToro for investment only, you don’t actually need a Bitcoin Cash wallet as you won’t be withdrawing the coins.
*75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are not offered to US users. Cryptoassets are highly volatile unregulated investment products. No EU investor protection.
Buy Bitcoin Cash Through Coinmama
Coinmama, one of the oldest exchanges around, allows you to buy Bitcoin Cash with a credit card, debit card or SEPA transfer. Coinmama accepts users from almost all countries around the world.
Buy Bitcoin Cash Through CEX.io
CEX.IO, based in London, is a trusted, experienced name in the industry, having been around since 2013. You can choose from a selection of cryptocurrencies on the site, including Bitcoin Cash.
The exchange has a brokerage service (easier to use, more expensive) and a trading platform (cheaper but more complex).CEX accepts credit cards, debit cards, wire transfers and SEPA.
Buy Bitcoin Cash Through Coinbase
Coinbase is a reputable Bitcoin exchange that supplies a variety of other services including a wallet, a trading platform (Coinbase Pro) and a Bitcoin debit card.
If you’re a beginner, it’s probably best to use the brokerage service which is a bit more expensive, but easier to use. Advanced users can use Coinbase Pro to buy Bitcoin Cash with lower fees.
Coinbase accepts debit cards and wire transfers.
Buy Bitcoin Cash Through Bitstamp
Bitstamp, the oldest exchange around, supports the trading of BCH to Bitcoin and direct purchases with US dollars or Euros. There’s also an option to buy Bitcoin Cash with your credit card at a higher price.
If you know your way around Bitcoin trading platforms it’s best to use that service and not the credit card service since you’ll save substantially on fees.
Other options to purchase Bitcoin Cash include Bitfinex, Cryptmixer, Kraken, Poloniex, HitBTC, and more (you can view all available exchanges on Bitcoin Cash’s website).

Step 3: Transfer the BCH to your wallet

As usual, I recommend that you never leave money on an exchange.
Once you’ve finished buying your Bitcoin Cash, move it to your own wallet (the one you chose in step 1). You can then follow the status of your transaction using a Bitcoin Cash block explorer.
Once you receive three confirmations for your Bitcoin Cash, you can safely say you’ve completed the process.

Conclusion

It’s apparent that Bitcoin Cash has still not gained full acceptance by large parts of the cryptocurrency community. It still sits firmly in second place to its older brother in terms of both price and usage.
Bitcoin Cash has the advantage of being the first major split that has garnered acceptance. Most forks after it didn’t receive nearly enough attention from the community or the media.
However, with internal conflicts inside its founding team and accelerated Bitcoin development for scalability solutions, I’m not sure if there’s an actual use case for Bitcoin Cash other than price speculation.
submitted by MonishaNuij to MonMonCrypto [link] [comments]

What is Bitcoin Mining: A Step by Step Guide||TheBitcoinMagazine

Most people think of the stock market as they decide to invest. Today, traditional investors have discovered that Bitcoin is one of the most lucrative investment opportunities. However, there are various ways to invest in it, and Bitcoin Mining is one of them. If you’re not sure ‘what is Bitcoin Mining,’ this guide will help you understand what you need to know about it.
submitted by hannaflores108 to u/hannaflores108 [link] [comments]

What is Bitcoin? A brief history of BTC to share with your friends and family. (x-post from /r/Bitcoin)

What is Bitcoin? A brief history of BTC to share with your friends and family. (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

What Is Bitcoin’s Intrinsic Value? Our New Kraken Intelligence Report Explores

What Is Bitcoin’s Intrinsic Value? Our New Kraken Intelligence Report Explores submitted by kraken-jeff to Kraken [link] [comments]

What is Bitcoin? A brief history of BTC to share with your friends and family. (x-post from /r/Cryptocurrency)

What is Bitcoin? A brief history of BTC to share with your friends and family. (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

What is Bitcoin In Hindi And how to make money from Bitcoin

What is Bitcoin In Hindi And how to make money from Bitcoin submitted by princesatiza100 to u/princesatiza100 [link] [comments]

What is Bitcoin In Hindi https://snappymovie.com/what-is-bitcoin-hindi/ #bitcoin #bitcoins #makemoneyonline #makeMoneyFromHome #bitcoinbank

What is Bitcoin In Hindi https://snappymovie.com/what-is-bitcoin-hindi/ #bitcoin #bitcoins #makemoneyonline #makeMoneyFromHome #bitcoinbank submitted by princesatiza100 to u/princesatiza100 [link] [comments]

What Is Bitcoin’s Intrinsic Value? Our New Kraken Intelligence Report Explores

What Is Bitcoin’s Intrinsic Value? Our New Kraken Intelligence Report Explores submitted by kraken-walter to CryptoCurrency [link] [comments]

Bitcoin SV Explained - What is Bitcoin?

Bitcoin SV Explained - What is Bitcoin? submitted by Deadbeat1000 to bitcoincashSV [link] [comments]

What is Bitcoin Mining? (x-post from /r/Cryptocurrency)

What is Bitcoin Mining? (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

What is Bitcoin? A brief history of BTC - YouTube What is Bitcoin? - YouTube What is Bitcoin? Bitcoin Explained Simply for Dummies ... What is Bitcoin? - Bitcoin 101 - YouTube What Is Bitcoin - A Simple Explanation - YouTube

Bitcoin (Währungskürzel BTC) ist eine digitale Kunstwährung. Sie wird momentan hauptsächlich bei einigen Online-Diensten akzeptiert. Da es sich bei Bitcoins nicht um ein gesetzliches ... „Der Bitcoin Macht Menschen Reich. Und du könntest dich weiterentwickeln zum Nächsten Millionär.“ Ein verlockender Slogan, der sich in der Realität aber nicht halten lässt. Zum Millionär wird man mit dem Einsatz der Software mit sehr, sehr großer Wahrscheinlichkeit nicht. Also sollte man lieber direkt mit gemäßigten Erwartungen an dieses experimentelle Investment herangehen ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bitcoin Robots werben damit, diesen Traum möglich zu machen. Solche Robots sind automatische Handels-Software, die mit ihren eigenen Algorithmen die Märkte analysieren und selbstständig Trades setzen. Sie handeln mit den Kryptowährungen, diesem volatilen, risikoreichen „digitalen Gold“. Bitcoin Code ist einer dieser Robots. Bitcoin ist die derzeit wohl bekannteste digitale Währung. Außerdem ist der Bitcoin die erste Kryptowährung, bei der Methoden der Verschlüsselung erfolgreich angewandt wurden, um ein sicheres ...

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What is Bitcoin? A brief history of BTC - YouTube

A short introduction to how Bitcoin Works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most excitin... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... A quick guide on the Bitcoin blockchain and how to buy BTC with a wallet. How to mine cryptocurrency: https://www.youtube.com/watch?v=U9JIanRXsfU Coinbase: h... In this introductory episode, you’ll discover exactly what Bitcoin is, and how today’s two most popular versions of Bitcoin differ from one another. Remember... Get Bitcoin Here (and $10 of free Bitcoin!): https://www.coinbase.com/join/58c8d740d0190f01af2284b7 What is Bitcoin? Bitcoin is a decentralized cryptocurrenc...

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