Bitcoin at a glance

[koussai999 1986]

It is the spiritual father of cryptocurrencies and the field of electronic encryption for payment as a whole. I think it is one of the most powerful cryptocurrencies and one of the most cryptocurrencies in which investment is safe.

[Ndayebo8 0]

It is a wonderful invention for many and has received great attention and imposed itself in the world of finance and business. Bitcoin is very good in the present and in the future. So I am always with Bitcoin transactions, Bitcoin is a special currency to me.

[Izeal 4404]

On 12/24/2019 at 1:27 AM, Wijaya007 said:

Bitcoin (BTC) is known as the first open source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin does not have a centralized server used for its company. issuing, transactions and saving, because it uses a distributed network public database technology called blockchain, which requires electronic signatures and is supported by proof of work protocols to provide security and legitimacy of money transactions. The issuance of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. At present, the Bitcoin market capitalization exceeds $ 138 billion and this is the most popular type of digital currency. Buying and selling cryptocurrency is available through a special Bitcoin exchange platform or ATM

Other people say's bitcoin is digital currency but for me it's future. Because it's technology and the blockchain system is out of world. As most of the people won't know it's actual value but they would know in future because they gonna rule the financial power throughout the world.

[JuanBerbesi23 199]

On 12/24/2019 at 7:08 AM, Migo said:

Bitcoin has very big space, and if we want to understand it good then we need a lot of time, thanks anyway for this glance and bitcoin will be the future of both the real and digital world 

Bitcoin is the king, this cryptographic world is made up of thousands of currencies, but all or most of them are looking for btc in pairs, those that shelves from the beginning of btc will appreciate it more, even all cryptos dream of surpassing it.

[Cryptomint 433]

Yes this is a little details about the Bitcoin but now this is not a small topic we all know that we have a big journey of the Bitcoin ahead.

[yonkii 3205]

Ok. Thanks for giving us this short version of an introduction to Bitcoin. There is a lot more than that and beginners need to do a lot of research on Bitcoin as still most don't understand the difference between the blockchain and Bitcoin, or don't know how Bitcoin works at all. I didn't know either any of these but after joining Cryptotalk I learned and I am now more capable to explain most terms and processes in Bitcoin.

[zhoutong 2188]

It is a good explanation in short but only this doesn't give the best features bitcoin has and why it is considered to have competitive advantage over the banks and the national currency.

[Sykkuno 2887]

Bitcoin is also available for institutions and they use grayscale investment trust for this, buying in large quanitities. This is probably expected to increase for years and it will keep making the Bitcoin price rising for a while.

[Zeshan Khalid 2577]

This is a very useful post for the people who are trying to seek information regarding Bitcoin. Bitcoin have been the most promising cryptocurrency throughout the years.

[Syriana 350]

Bitcoin is old and has a strong foundation that uses many and very important features, including that it is decentralized, not supported by a state or any bank, and is easy to deal and send

[Mella 3680]

You are gave a very good idea about Bitcoin and I am thanks my dear because with this that said in the post it is how we can describe the Bitcoin feature to other people that ask about it and how it is works. Also we are dive in more knowledge for each of these parts and we can describe more if we are ask. Good post thanks for giving it to us.

[Maya20 1048]

Bitcoin depends mainly on the principles and aspects of encryption, and the currency is available all over the world and does not need complicated requirements or things to use it, and I believe that Bitcoin will have a wonderful future.

[Kafon 0]

It also carries a very high risk ratio because prices are controlled by supply and demand. For example, whoever bought in 2017 and the prices went down and did not sell had the opportunity this year to exit without losses. So I recommend proper risk management to avoid any sharp slippage that could burn your money.

[Hamza 2.2 631]

Bitcoin is a sort of cohen from which we can bring in a great deal of cash and its cost is available yet we anticipate that it should increment in worth and it is a decent cash and we can get significantly more cash-flow from it and now it is over the top expensive.

[annayks 2314]

Exactly. You said it all in this post. I think that it is something that every beginner should learn and it would have helped me a lot to find such a complete answer when I was looking for Bitcoin for the first time. When discussing Bitcoin we also have to explain that it is complete freedom and allows everyone to be part, doesn't ask for ID and for trust score systems, it is decentralized and running as a system worldwide with noone controlling it.

[godislovefll 1880]

This project is great and it will continue to be, BTC is the best thing that has happened in the digital age since thanks to BTC new cryptocurrencies have been promoted that today many are a success and that pose many solutions to problems with Fiat money, BTC is what best.

[Abdul1168782 572]

Yes you are right and this was the first and amazing discovery of nakamoto. And he give the same currancy to the whole world. And facilitates the world which no one can imagine. This was a great work by a great person.

[bogdanoff 3173]

While Bitcoin is performing great and has all these remarkable attributes that are rare to find all in one currency the problem is that it is becoming less of a currency as time passes. There is discussion on this and the majority of the earlier members think this is not a currency, at least not anymore. It was used as this earlier but then everyone stopped spending Bitcoins as they show the prices rising too fast.

[cryptovlek 2597]

On 12/23/2019 at 9:42 PM, Wijaya007 said:

Bitcoin (BTC) is known as the first open source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin does not have a centralized server used for its company. issuing, transactions and saving, because it uses a distributed network public database technology called blockchain, which requires electronic signatures and is supported by proof of work protocols to provide security and legitimacy of money transactions. The issuance of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. At present, the Bitcoin market capitalization exceeds $ 138 billion and this is the most popular type of digital currency. Buying and selling cryptocurrency is available through a special Bitcoin exchange platform or ATM

This is a great explanation. I couldn't find a flaw in this and it just gives everything to the audience. It is what the title says exactly, Bitcoin at a glance. I have knowledge of most of these parts, except perhaps cryptography that I understand what it is although I don't know exactly how it is performed in the Bitcoin software.

[Barbarellah 2225]

Today Bitcoin is considered by many as virtual gold and its market capitalization today has already reached $ 342,689,037,294. Bitcoin is the legacy that Satoshi Nakamoto left us with the dream that the world would free itself from the corrupt system that fiat money implies where banks are the ones who get the most out of our money.

[kryptonick 2659]

At a glance it is the most modern money we have. Of course it is not perfect, it has slow transcations and fees usually are very high, making it terrible as a currency. It is mostly speculative but the core concept of this technology cannot be overlooked. There are people that don't see bitcoin as an investment but as a protection.

[Mahmod aljarah 1383]

But the surprise, and the question that comes to my mind is how was he able to maintain his price value against all currencies? What is the secret that lies here?

[Jromz 2158]

Great summary about Bitcoin, its origin, fundaments and aims. This should be of huge help for beginners that want to gain familiarity about this fantastic asset. It's also worth to mention that Bitcoin is based on a deflationary model, in which emission of new bitcoins is halved approximately every 4 years and it has a limited supply of 121 millions, as opposed to fiat currency that gets printed out of thin air, causing inflation. 

[Goyaa 2414]

Bitcoin is the king of cryptocurrencies, bitcoin is the first and only cryptocurrency to have the highest price. That's because the supply of bitcoin is limited and is the first coin, Bitcoin became very popular in 2017. Currently bitcoin has shown its resilience and is the most popular among other cryptocurrencies.

[percare 3192]

Bitcoin except from all of these has given the blockchain to the world that is a safe and secure method of storing information or transactions and if it is performed in decentralized way it will be unbreakable. I have hopes that the real value of Bitcoin will be understood next year.