The first lesson for beginners - what is Bitcoin, how do we use it and how do we get it? - Page 2 - For Beginners - CryptoTalk.Org Jump to content
Jeff J Carrel

The first lesson for beginners - what is Bitcoin, how do we use it and how do we get it?

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Bitcoin is the main currency in the field of cryptocurrencies and it is considered the parent currency of currencies and most currencies are linked to it, meaning there is a currency pair with Bitcoin

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The bitcoin is a great starting for the traders cauae every new trader will have a great chance to get profits through the invesing in the bitcoin.

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We can also earn BTC by working in different websites and we can also buy bitcoin. Businesses can make more profit by investing.

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Bitcoin is one of the high-value encrypted currencies that has proven its presence in the currency market and you can get it by working in this forum and linking your account to yobit and replacing the satushi coin you get with the Bitcoin currency

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Very good info and great article

But Bitcoin, dear, is very expensive, and the average person cannot afford to invest in it, and thus this thing is a bit difficult

There are also other currencies that are less expensive for ordinary members to use and invest in 

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Bitcoin is very valuable digital currency we cannot use it in our Billy life we should have to convert it into other currencies   according to our national currency then we use it in our daily life and people are also doing trading by using Bitcoin and earn through this forum we are on bitcoin and that's make a huge income.

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Thank you, my friend, for this useful topic and this information which contains many important benefits, especially for members who have recently joined the world of cryptography.

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Thank you so much friend for providing this important lesson to the new members about the bitcoin, and o think this is a complete guide to them about the bitcoin, so we hope to learn more of this from the senior members of the platform, thanks.

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Thank you for this important information that you provided to us, we must know everything about the mother currency, which is Bitcoin, and for me investing Bitcoin is now very profitable because its price rises a lot, and when its mining ends, its price is expected to reach 100 thousand dollars

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Excellent topic dear friend! I appreciate your efforts for writing such a great content. I want to add about bitcoin mining. As you stated that we can get bitcoin from binance, coinbase we can also mine bitcoin by planting bitcoin mining farm. You need electricity, a powerful system, a good internet connection to start your own mining system. This will generate you bitcoin satoshi and the rate depends on the hash rate that system generates. 

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On 1/25/2021 at 7:32 AM, Jeff J Carrel said:

What is Bitcoin?
Bitcoins stock is expected to be completed and set at 21 million units, reducing the risk of inflation. This inventory is "extracted" gradually, i.e. created by Internet users who use complex software to do so.

Fixed at 21 million units, Bitcoin stock has not yet been fully "mined." So far, about three-quarters of the stock has been traded. However, the rate of money production is halved every four years. Therefore, approximately 21 million units must be produced in 2033. Total inventory should not be reached until 2100; The price of Bitcoin is very volatile, as evidenced by the chart below:

 2076452672__.jpg.872e68a67fb86803e02e200fb8816bd1.jpg

 

 

What is the use of Bitcoin?
Bitcoins are used as a direct payment method online. However, they can be converted into dollars or euros in the markets offered for this purpose. Physical coins, which can be purchased online using either virtual Bitcoins or traditional payment methods, have been launched on eBay, BitMit, MemoryDealers or even HardBTC.

 

How do you get bitcoins?
To get Bitcoins in a simple and fast way, you should resort to internet platforms where you can buy them against the euro, dollar or any other currency (coinbase, binance ...).

In most of these platforms, bitcoins are purchased in three steps.

It is necessary first to open an account on bitcoin-Central by creating a username and password. It is then possible to finance this account in euros or in another currency by bank transfer.

The user should then refer to the application book for the site. This order book lists the prices that Bitcoin sellers want to replace the default currency with euros or any other currency.

Finally, you have to apply by submitting the purchase limit price, the maximum price you want to buy bitcoins. The order is executed only when a Bitcoin vendor offers a price below or equals the purchase limit price. Once the order is executed, the user's account is financed in Bitcoin and his holdings are transferred in euros or other currencies to the Bitcoin seller.

My dear friend thanks for providing such kind of useful information . this will help me a lot in future . Always post good content like this.

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Bitcoin is used depending on its volatility, it is obtained in various ways in the market, buying it, trading it, working for someone on the internet, mining or exchanging it between cryptocurrencies. Endless options, but depending on the options you take, you will win depending on your strongest area.

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Dear Bitcoin, is the first currency that was issued in the history of all cryptocurrencies. It was created in 2009 by an anonymous person named Satoshi Nakamoto. This person has created a very advanced financial system that calls the blockchain. This system has called a broker recently through a modern forum  Bitcoin in general and it was also created by the same person How do we get Bitcoin The matter is very simple dear You are in the right place to get the Bitcoin currency from a recent encryption forum in exchange for with you post it from the posts and receive feedback on the posts you share Thank you very much.

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Dear bitcoin is a cryptocurrry created in 2009 and means a better future for the global economy, so it is great and I hope it will achieve great goals soon thanks for this wonderful and useful participation. 

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Very well explained information and very useful for all the newbies who are unknown to bitcoin and it's importance so this post will help them to know the worth and use of btc.

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Welcome, my friend, before entering this platform they teach you about what this platform talks about and gives you basic information about Bitcoin, so this section for beginners is very useful

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Dear friend, Bitcoin is the online currency.  Which is limited to the internet only.  We can easily use Bitcoin from our own account in Crypto.  Bitcoin can be converted into any currency.  In many countries of the world it is being used like a conventional currency.  We can earn bitcoin through this post at Cryptotalk.

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Hello my friend
Bitcoin is a cryptocurrency that was created in 2008 under the name Satoshi Nakamoto
It is a strong currency now and it has a bright future of profits and also all traders and investors deal with it, so it is very popular, and there is also a great demand for it by huge companies around the world.
We can earn Bitcoin with our work on this forum when we publish at least 20 posts per day, and get paid for the useful post of 200 Satoshi.

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The first lesson is very important for the new members on this forum because the new members have no any idea about the Bitcoin advantages so I want to tell you that this is very valuable and thank you so much to share this valuable post for us

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Hello there greetings if you are a new member of this I congratulate you for joining this awesome platform in this platform you can earn money and gain knowledge at the same time I hope you learn in hardworking way and make money out of it and good luck

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Dear friend I am agreed with your information your information about bitcoins is very informative for us yes we have come to know about BTC in very more and deep thanks a lot for sharing this kind of information keep sharing we will follow your information in future working

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Thank you for that lesson.

Bitcoin is characterized by its constant volatility and providing all opportunities for sellers and traders by exploiting ups and downs to make a good profit

I noticed that bitcoin is a base currency if it goes up all the other currencies will go up with it.

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It is good and useful information for everyone, since the maximum limit of Bitcoin is 21 million pieces, this will be a reason for the continuous rise in its price, due to the institutions and investors storing this currency.

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