What is BITCOIN?
Bitcoin (BTC) is a digital currency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system.
Secure Strong cryptography. Bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications.
Maybe you've heard of Bitcoin—it wants to shake the entire global economy, and has become the financial bubble du jour with a skyrocketing value. It's online money—an alternative to dollars and euros. Well what's that mean? It's complicated, but we break it down.
The U.S. has the dollar. Japan has the yen. Now some people are trying to invent a new currency that's not tied to any country or government. It's called bitcoin. Bitcoin is a lot like cash — for the online universe. It doesn't actually exist in the physical world. You can't hold ...
An open source P2P digital currency. Bitcoin is a digital currency, a protocol, and a software that enables. Instant peer-to-peer transactions; Worldwide payments
Is Bitcoin the new gold? Some former gold bugs certainly think so. And its value has skyrocketed in recent months. Last week, Bloomberg.com columnist Paul Ford opined they could now be the world's last currency safe haven. But many readers at this point are probably wondering ... what exactly is
Bitcoin is digital money. Use it to store value and purchase things online.
About Bitcoin A bit of history. Bitcoin is one of the first implementations of a concept called crypto-currency, which was first described in 1998 by Wei Dai on the cypherpunks mailing list.
More information on http://www.weusecoins.com This video is a short animated introduction to Bitcoin, made possible with donations from the Bitcoin community. We'd like to ...
Bitcoin is a decentralized, digital-only currency. It has no central monetary authority. Instead, a peer-to-peer computer network maintains transactions and "creates" Bitcoins through a process called mining. Users and their transactions are anonymous; there are no international exchange rates to
1 General. 1.1 What are bitcoins? 1.2 How can I get bitcoins? 1.3 Does Bitcoin guarantee an influx of free money? 1.4 Can I buy bitcoins with Paypal? 1.5 Where can I find a forum to discuss Bitcoin?
Dear Lifehacker, Everywhere I go, I see Bitcoin popping up more and more. Many web services accept payments in the form of Bitcoin, and some even sell their homes for the stuff. I know it's a digital currency, but where does it come from and how is its value determined? More importantly, should I
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All about What is a Bitcoin, Bitcoin Exchange, Bitcoin Market, Bitcoin Calculator and Earn Bitcoins
Much has been written about Bitcoin of late. About how it is crashing one minute and not the next, and how people are losing real cash through its widely variable rates. But what is Bitcoin? From where has this strange currency suddenly sprung, at least into the public conciousness? And why should
For a currency that hardly anybody understands, Bitcoin is a hugely popular and highly valued way of buying and selling. It is a form of Internet money that can be used to make purchases online, and some companies exclusively accept Bitcoins. In fact, it's so big that the value of ...
The dollar, euro and yen might be the primary language of currency traders today, but online, all the talk is about bitcoins. The digital currency has been around for nearly two years now, but it burst onto the radar of the mainstream world in June, when Gawker published a story about an underground
Bitcoin is a decentralized global currency. A Bitcoin is created from the processing power used to handle Bitcoin transactions.
The Beginner's Guide to Bitcoin is the easiest way to learn what Bitcoin is, how to purchase bitcoins, and how to use them.
Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.
What is bitcoin? ... ⇐ Use this menu to view and help create subtitles for this video in many different languages.
You've probably noticed people talking and tweeting endlessly about "Bitcoin" lately. The Economist finds it intriguing while GigaOM's Matthew Ingram points out several problems with it. It's even gotten the attention of economic heavyweight Paul Krugman, who has said it's like a reimplementation of
Interested in learning more about Bitcoin? Merchant Warehouse covers this new payment technology in the latest entry to our Resource Center "What is?" section.
European based bitcoin exchange ... What is Bitcoin? Tomorrow's Money. Bitcoins are the equivalent of Internet cash.
Much has been written about Bitcoin of late. About how it is crashing one minute and not the next, and how people are losing real cash through its widely
With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange.
Unlike other currencies, Bitcoin is underwritten not by a government, but by a clever cryptographic scheme. For now, little can be bought with bitcoins, and the new currency is still a long way from competing with the dollar. But this explainer lays out what Bitcoin is, why it matters, and what
So you’ve been seeing a bunch of websites start taking something called “Bitcoin” but you have no idea what it is, whether you should use it or how you can get started with it. As its name suggests, Bitcoin is a type of digital currency. Here’s what else you need to know about it.
Filling in as host of the Peter Schiff Show, bestselling author Tom Woods interviews Erik Voorhees of BitInstant about Bitcoin, and takes listener calls. Visit these sites ...
Step 1 - Get a wallet. The Original Bitcoin Client is free, open-source software. The current version is 0.8.1, you can download it here: Windows
What is a Bitcoin? How did you pay for your coffee this morning, by cash? By credit card? If a growing number of bank-fearing techies have their way, you'll soon be able to pay for that mocha latte through an untraceable virtual currency called Bitcoin. As of this month, Bitcoins are worth over a
Bitcoin is attracting attention as a wildly volatile, all-digital currency. How does it work? How are criminals taking advantage of it? How risky an investment is it? In this Bitcoin explainer, WSJ's Jason Bellini has The Short Answer.
Bitcoins have plunged more than 75 percent in the past 2 days, with the "Power Lunch" crew and Business Insider's Henry Blodget.
Basic Bitcoin Explanation. Bitcoin is an open source project that was launched 3 January 2009, and is now used by more than a million people world wide
Are we at the threshold of a new currency era? Bitcoin has exploded in popularity in recent months, leaving analysts conflicted as to its value. Is it real money?
Description of Bitcoins. ... What is Bitcoin? Bitcoin is the world’s first digital like-cash currency.
You've probably heard a lot about Bitcoin over the past few weeks, but we'll forgive you if the details are still a little hazy. So allow us to help... Bitcoin is essentially a digital currency - a form of money stored in an owner's online "virtual wallet", free from the control of governments or
Watch the video What Is Bitcoin? on Yahoo! Finance . Bitcoins have plunged more than 75 percent in the past 2 days, with the "Power Lunch" crew and Business Insider's Henry Blodget.
Slush's bitcoin mining pool ... News. 21.05.2013 Bug in bitcoind caused many invalid blocks generated in recent hours.
The virtual currency enables direct payment over the Internet between two individuals by skipping the middle man, such as a bank or credit card company. Bitcoin transactions — with fees that are much lower than what financial institutions charge — rely on cryptography to prevent ...
I tried to break it down to someone yesterday. It went like this: BitCoin is a digital Internet currency. Think of it as an counterfeit-proof electronic dollar which is not manipulated by a central authority such as the Federal Reserve.
Bitcoin Definition - Bitcoin is a digital cryptocurrency made up of processed data blocks used for online and brick-and-mortar purchases. Because.. ...
What does MH/s, GH/s mean? These abbreviations stand for the hashing power that your miner is generating. MH/s stands for megahash per second and GH/s stands for gigahash per second.
Bitcoin is a decentralized digital currency created by the pseudonymous entity Satoshi Nakamoto. It is subdivided into 100-million smaller units called satoshis. It is the most widely used alternative currency, with the total money supply valued at over 100 million US dollars.
One of the more interesting developments of the electronic age of money has been the rise of Bitcoin, a decentralized digital currency. If you're not familiar with it or you're confused by what bitcoin is, you're not alone. It's actually a fairly sophisticated and complex form of money. That's ...
From the official site: Bitcoin is a digital currency, a protocol, and a software that enables instant peer to peer transactions, Worldwide payments, Low
Bitcoin is the first decentralized digital currency that enables instant payments to anyone, anywhere in the world using the Internet. The transactions are done directly from person to person without the involvement of a bank in between by using Internet.
A summary of Bitcoin for the lay person. ... Bitcoin Bitcoin is the most successful digital currency ever created. Millions of dollars of Bitcoins are traded daily!
Bitcoin News 21 May 2013 Adrianne Jeffries - Why won’t Bitcoin die? 19 May 2013 Bitcoin Magazine - Bitcoin 2013: Day 1 19 May 2013 Bitcoin Magazine - Bitcoin 2013: Day 2
Earn free BitCoins by completing offers and surveys. Get started in the BitCoin economy for free.
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