This article we are writing for who hearing Bitcoin At first time. Lets start to read our small article about what is bitcoin and what is it usage.
Personally What i understood about bitcoin ?
Bitcoin is same like currency and what we do with normal currency ,something we can do with bitcoin electronically. Bitcoin is the form of digital currency , its created and held electronically. Most people think that it is something wrong i am not capable to use it and most importantly may be chance of loss is higher. Because every common People who thinking making money with Internet is “Cheating”. Because they don’t know more about bitcoin that’s why people thinking like these.
The main features of bitcoin is ,it is not centrally controlled. There is no human influence in bitcoin transaction. So most of bitcoin transaction are secured related to other currency. Bitcoin is started in the year of 2009 and its initial price was some “cent” only. Within few years its price rapidly grown to $1000.You know why it grown very fast..? it’s simple , bitcoin created well trust among investors . but due to some problem the price of bitcoin is going down to $200-$250. But in last few month the demand of bitcoin was increased ,the price of bitcoin increased to more than $1000 in jan 2017.
Bitcoin Price Till Now
Actually no one controls bitcoin and it is not printed like Dollar and Euro. So there is no fear about loss of money. Bitcoin uses peer-to-peer technology to operate with no central authority or bank. All transaction are managed and controlled by the network”. Bitcoin was invented by Satoshi Nakamoto, who published the invention on 31 October 2008 in a research paper called “Bitcoin: A Peer-to-Peer Electronic Cash System”. It was implemented as open source code and released in January 2009.
How Is Bitcoin Address (Sample Bitcoin Address)
Where To Get My Own BTC Address ?
There are lot of source for getting bitcoin address. If you are new in this field please click below for getting best bitcoin wallet
Where To Buy First Bitcoin ?
There are lots of way to buy bitcoin. So you can buy with online wallet like Paypal, Payza, Perfect Money etc.. and use debit or credit card for buying bitcoin. If you buy with Credit Card then most website need verification to avoid fake and scam transaction. But you don’t Worry We will help you to buy Bitcoin Without Verification.
Are You Indian ?
If you are indian then we will show you best way to buy bitcoin because i am from india. Please click Below for buying bitcoin instantly from india.
Is Bitcoin Safe ?
The Bitcoin technology – the protocol and the cryptography – has a strong security track record, and the Bitcoin network is probably the biggest distributed computing project in the world. Bitcoin’s most common vulnerability is in user error. Bitcoin wallet files that store the necessary private keys can be accidentally deleted, lost or stolen. This is pretty similar to physical cash stored in a digital form. Fortunately, users can employ sound security practices to protect their money or use service providers that offer good levels of security and insurance against theft or loss.(Credit goes to bitcoin.org)
What is the Use of Bitcoin ?
1. Send Anywhere Of The World Without Any Risk
2. Buy Product From Online And Pay as Bitcoin
3. There No Transaction For Sending And Receiving Bitcoin
4. Pay Your Hosting Charge With Bitcoin
5. Trade Bitcoin With Fiat currency And Other Cryptocurrency
6. Able To Do Mobile Top Up With More than 150 Countries.
7.No One Can Steal Your Money.
8.All Transaction Are Fast and Have Proof Of Every Transaction We Made
9.Use Bitcoin As Investment Purpose.
10. There Is No Central Control Over Bitcoin…Your Bitcoin is Yours.
We are happy to sharing what we known about bitcoin. So if you find any mistake about our article then please contact us rectifying our mistake. Thanks of reading and If you liking it please share it to any of social network.