What is Bitcoin? 3 Things to Know About the Cryptocurrency

New to Bitcoin? Confused? Need help? You've come to the right place.

Bitcoin is an internet based decentralised currency. Similarly to Bittorrent, but Bitcoin uses a public ledger called the blockchain to record who has sent and received money. It's very new, and for many very confusing. BitcoinHelp aims to rectify this. Whether it be explaining how it works, how to use it, how to buy Bitcoins, how to integrate Bitcoins into your business. Sharing your successes as well as failures in order to help others is also gladly received. Ask away!
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r/torrents - Torrenting Discussion and News

But you wouldn't download a new Director of Talent
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Leverage Your Cryptocurrency

Leverage is a decentralized platform that allows people to store and invest their wealth in a decentralized cryptocurrency, and earn a substantial interest on investment. The Leverage Platform (LVP for short) features a genuine, trustworthy and traceable lending platform with complete data sharing and absolute information transparency.
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Can someone explain to me bitcoins and the 'hodl' culture? /r/Bitcoin

Can someone explain to me bitcoins and the 'hodl' culture? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] Can someone explain to me bitcoins and the 'hodl' culture?

The following post by PM_ME__YOUR__BUTT is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7dkhwr
The original post's content was as follows:
The way I see it, a commodity needs a utility. Otherwise, the only purpose for early buyers is that it increases in price by having late buyers buy it. Late buyers only buy it in hopes that other people later buy it.
  • That's unsustainable. There is a limit of people in the world. Eventually, without an actual utility, it will stop growing.
  • If markets do not adopt bitcoin, then it has no adoption rate. No adoption rate = you can't use your bitcoins except for big things like buying cars or houses and you have to negotiate with merchants and agree to pay the fees.
  • Bitcoins are not like actions. Actions get their value from the utility that the company brings forward to society. Apple trades are worth x because apple is performing well. Bitcoin only gets its' value because more people are buying into it.
We need to find a utility for bitcoin or its' lifetime will be shorter than expected.
EDIT: the word "except"
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

u/Dm_Me_Your_Bitcoin Explains how America forced most of it's People of Color to migrate to large coastal states in their parents & grandparents generations; then geographically made their votes worth 1000+ times less than that of their mostly white counterparts, that live in the middle states

submitted by RedditorFrom2053 to bestof [link] [comments]

I got tired of everyone asking me about Bitcoin, and spending hours explaining it to them, so I decided to write an "ultimate beginners guide to cryptocurrency". Would love your feedback/suggestions.

This article covers what bitcoin is, how to buy it, what crypto interest platforms are, how to use them, how to mitigate your risk intelligently, and has a bunch of extra sources for diving deeper down the rabbit hole.
Please keep in mind, this article is specifically written for early majority types—financially well off people who are not looking to change the world (like most of us) but instead just to protect their money in the face of infinite QE and zero interest rates savings.
There is an infinite amount of stuff written for people like us, and if the early majority cared, they would already be reading it.
Thus, diving deep in to things like mining, or "ending the fed", or hammering ad infinitium "not your keys not your coin" is not what I'm going for.
With that said, would love to hear your feedback and any improvements/corrections, and feel free to (if you think its any good) share with your friends who you too are tired of explaining Bitcoin to as well :P
The Ultimate Beginner's Guide to Cryptocurrency (Everything You Need to Know to Hedge Against Inflation with Crypto)
submitted by _mok to Bitcoin [link] [comments]

r/Bitcoin'er asks "Can someone explain these price drops? It happens with bitcoin too. I set a stop loss for £12.75, and this sudden drop and bounce caused the sell to occur then price rises back to its stable level. This has shot me in the foot a few times to me now"

Bitcoin'er asks submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

I’ve spent hours looking for a video I seen on this bitcoin reddit. It was explaining bitcoin and comparing it to draws. The video explains in depth the numbers involved with bitcoin. I need help finding it! If anyone knows of this video please send it to me!”

submitted by kaz2727 to Bitcoin [link] [comments]

Can someone explain these price drops? It happens with bitcoin too. I set a stop loss for £12.75, and this sudden drop and bounce caused the sell to occur then price rises back to its stable level. This has shot me in the foot a few times to me now

Can someone explain these price drops? It happens with bitcoin too. I set a stop loss for £12.75, and this sudden drop and bounce caused the sell to occur then price rises back to its stable level. This has shot me in the foot a few times to me now submitted by pearljaminator to Bitcoin [link] [comments]

[ Bitcoin ] Can someone explain to me what’s the biggest difference of WBTC, RenBTC, tBTC? Thanks.

[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by Pokeymonkey [link]
Pokeymonkey your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
submitted by anticensor_bot to u/anticensor_bot [link] [comments]

"I was concerned about the scalability of Bitcoin and satoshi responded to me saying that if I don't understand, he doesn't have time to explain it to me. So, I went on and created 3 of the highest performance blockchains out there." - Dan Larimer #THUGLIFE

submitted by ColinTalksCrypto to eos [link] [comments]

I got tired of everyone asking me about Bitcoin, and spending hours explaining it to them, so I decided to write an "ultimate beginners guide to cryptocurrency". Would love your feedback/suggestions. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

10-15 01:35 - 'Coul someone explain to me the context of this meme' (self.Bitcoin) by /u/Impawa removed from /r/Bitcoin within 1304-1314min

'''
I saw this meme on a spanish forum saying the following:
It translates>> Crypto newbie holding their DeFi tokens *insert image of struggling man *
Apparently it was funny but i´m new to this so i need explanation. Also about the DeFi concept
[for some reason this was taken down on bitcoin begginers]1
'''
Coul someone explain to me the context of this meme
Go1dfish undelete link
unreddit undelete link
Author: Impawa
1: *review.**dd.it/r9yv7*5*ezs51*png?*idth=*50&f*r*at=png*amp;au*o=**b*&***1*67c*bc4d5f*b99627****6480*8*9*861b*98*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Coul someone explain to me the context of this meme (x-post from /r/Bitcoin)

Coul someone explain to me the context of this meme (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Can someone explain to me what’s the biggest difference of WBTC, RenBTC, tBTC? Thanks. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

10-12 19:26 - 'Can someone explain to me what’s the biggest difference of WBTC, RenBTC, tBTC? Thanks.' (self.Bitcoin) by /u/Pokeymonkey removed from /r/Bitcoin within 212-222min

'''
[removed]
'''
Can someone explain to me what’s the biggest difference of WBTC, RenBTC, tBTC? Thanks.
Go1dfish undelete link
unreddit undelete link
Author: Pokeymonkey
submitted by removalbot to removalbot [link] [comments]

J.K. Rowling: “I don’t understand bitcoin. Please explain it to me.”

J.K. Rowling: “I don’t understand bitcoin. Please explain it to me.” submitted by eragmus to Bitcoin [link] [comments]

I’ve spent hours looking for a video I seen on this bitcoin reddit. It was explaining bitcoin and comparing it to draws. The video explains in depth the numbers involved with bitcoin. I need help finding it! If anyone knows of this video please send it to me!” (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Explain Bitcoin to me like Oscar explains a surplus to michael in the office.

My brother has invested a small 50, it's now up to 61.31 or something like that I'll have to talk to him when he gets here and ask. Anyways, explain this to us please. Not trying to get rich, just mildly interested and would like to know more.
EDIT: its 63.31
submitted by LuciferWuu to BitcoinBeginners [link] [comments]

u/Dm_Me_Your_Bitcoin Explains how America forced most of it's People of Color to migrate to large coastal states in their parents & grandparents generations; then geographically made their votes worth 1000+ times less than that of their mostly white counterparts, that live in the middle states

submitted by unremovable to unremovable [link] [comments]

u/Dm_Me_Your_Bitcoin Explains how America forced most of it's People of Color to migrate to large coastal states in their parents & grandparents generations; then geographically made their votes worth 1000+ times less than that of their mostly white counterparts, that live in the middle states

submitted by SexandTrees to TheFightThatMatters [link] [comments]

Explain to me child-pays-for-parent transaction in a simple way (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Can someone explain to me how does investing In bitcoin work?. I’m not sure if I’m wording it right but I’m trying to find out if I invest let’s say 500 In bit coin what would my return be if bitcoin hits 20,000.

submitted by My_Perception_92 to Bitcoin [link] [comments]

Can someone explain to me which idiot has given the anti-BCH that we will remove the thing that makes Bitcoin Cash deflationary (21 million BCH limit)

submitted by RowanSkie to btc [link] [comments]

Bitcoin: How Cryptocurrencies Work - YouTube How to buy Bitcoin for Beginners - YouTube Don’t Understand Bitcoin? This Man Will Mumble An ... SELL YOUR BITCOIN & CRYPTO NOW? SOON? NEVER? Let Me Explain BITCOIN TO $18,000 BY JULY 2020!!! Here's Why...

Explain this blockchain. Miners are in charge of making sure bitcoin transactions made by users are recorded and legit. Simply put, they do this by grouping every new bitcoin transaction made ... ELI5 Bitcoin – Explain Bitcoin Like I’m Five. Let’s just say there’s you and me in a room, and I hand you a dollar. I gave the dollar to you, and now you have it and I don’t. We didn’t need anybody else to verify the transaction, and I can’t take it back unless you give me it back. That dollar is yours now to do whatever you like ... What is Bitcoin Summary. Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see.Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. Explain Bitcoin to me. January 9, 2019 Tristan Johns. Most Bitcoin articles get rushed up in the price movements of Bitcoin, and there's a place for that. This article, instead, will focus on the technical and InfoSec aspects of Bitcoin, and will aim to provide an understanding of the Bitcoin network and protocol. Bitcoin has been spoken of repeatedly in the news, nearly always on the topic ... The best way to explain how Bitcoin works is to go through an example of how things function behind the scenes when a user sends or receives a transaction on the network. Let’s run through both sides of a transaction from the perspective of two hypothetical users: Bob and Alice.

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Bitcoin: How Cryptocurrencies Work - YouTube

Today in crypto! I explain when to sell your Bitcoin, Ethereum, and crypto and share some ideas that will help you take profits. 🔥 WEALTH MASTERY https://... Thanks to Away for sponsoring this video! Go to https://www.awaytravel.com/techquickie and use promo code techquickie to get $20 off your next order! Bitcoin... In today's episode, I am going to look at bitcoins explosion past $10k and explain why bitcoin is likely headed to $18k by July 2020. Join me... These are my... Baffled by bitcoin? Confused by the concept of crypto-currencies? Well, fear no more. In 190 seconds we explain what bitcoin actually is, where the idea came... Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems. Hosted by: Michael Aranda Special Thanks: Da...

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