What is Bitcoin, How to Buy/Sell/Invest in BTC
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Bitcoin is an open-source, peer-to-peer, digital decentralized concurrency. Powered by the Blockchain technology, its defining characteristic is its decentralization, i.e. the lack of central governing authority, such as a central bank or a ministry of finance. Bitcoin's issuance and circulation are ensured by regular users via a process known as "Bitcoin mining". Bitcoin can be sent anywhere, anytime, (almost) for free, and with little regard for national borders or government/bank-imposed restrictions.
How Buy Bitcoins easily?
Good News about future Bitcoin cryptocurrency: Cryptocurrencies are now worth over $600 billion. This is more than the net worth of Amazon or Facebook. Owing to its continual growth, many great projects have emerged that are... The Great Bitcoin Meltdown is Coming (prepare now and get rich)
JEFF BROWN, EDITOR THE NEAR FUTURE REPORT
If you suspect Bitcoin is going to crash, I just want you to know, you’re right.
I’ve worked at the forefront of Silicon Valley technology for more than 26 years.I’ve worked at the forefront of Silicon Valley technology for more than 26 years.
And I’m writing today to tell you the truth about the Bitcoin that no one else will tell you…
It’s true… One Bitcoin is now worth more than ten times the price of one ounce of gold.
WHAT IS BITCOIN?
Satoshi Nakamoto wrote the original Bitcoin code and released it under an MIT open source license in 2009. Today it is the first successful decentralized digital currency. It is mathematically limited to issue only twenty-one million bitcoins and this can never be altered. Bitcoin is not like any government issued (fiat) currency. It cannot be randomly and easily inflated, manipulated, counterfeited, frozen or destroyed by an external party. With a bitcoin wallet you can send, receive and otherwise transact anywhere in the world without permission or the need for a bank account or credit history. With Bitcoin, your money is completely back in your control. It creates unrestricted financial freedom for everyone.
The Bitcoin market and blockchain ecosystem is constantly changing and evolving, here is the latest depiction of it in one image.
Credit: RedChip Companies, Inc.
HOW TO CHOOSE A BITCOIN WALLET
Your bitcoin wallet is an application that stores, sends and receives bitcoins and it’s all you need to use bitcoin. There are many different bitcoin software and hardware wallets available. When choosing a wallet you need to decide whether you want to control and hold your own bitcoins or if you would prefer for someone else to do this for you. You are not restricted to one wallet and can have as many as you like. Hardware wallets tend to be more safe than software wallets, with mobile wallets being arguably the least secure way to store bitcoins. While we cannot guarantee the security of a bitcoin wallet, here are a few links to some of the more popular hardware and desktop software wallets which we use ourselves: Software (hot) wallets:
HOW TO BUY BITCOIN
Bitcoin can be bought from a variety of sources. You can most easily buy bitcoin online using a bitcoin exchange or brokerage service fiat currency or a credit card. Bitcoin exchanges most frequently only operate in only specific countries and with specific fiat currency & BTC exchange pairs. Look for a bitcoin exchange that is operating in your country and in your desired currency before creating an account. You can also buy or sell your bitcoin back to an exchange at the current market price on the exchange or you can sell large amounts of bitcoin over-the-counter (OTC) with the assistance of the largest exchanges. Private in-person bitcoin sales and purchases can be unsafe and are not encouraged for new users. Special 2-way bitcoin ATMs can also be a convenient way to buy & sell bitcoin in many locations worldwide. While we cannot guarantee the safety & security of your bitcoins at an exchange, here are a few links to some of the more widely used exchanges that have not lost bitcoin to hackers and that we use ourselves:
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How Buy Bitcoins easily?