What is Bitcoin?? Bitcoin is a cryptocurrency and worldwide paying system..it is the first decentralised digital currency as it works without a Central Bank or single administrator.The network is peer to peer and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a block chain.Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
The graph shown above shows the increase in value of the currency since 2009.the value goes on appreciating while the number of bitcoins goes on depreciating.. So if you own a Bitcoin it could sum up to a large amount of money… Bitcoin value is divided upto 8 decimal places that is 0.00000000 so even the smallest values are recorded.
I am not very experienced in this type of system but the little knowledge I have can help me and you be great in life, at least it’s not too late. Bitcoins are gotten as a reward for a process known as mining.The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The participant who first solves the puzzle gets to place the next block on the block chain and claim the rewards. The rewards, which incentivize mining, are both the transaction fees associated with the transactions compiled in the block as well as newly released bitcoin…To start you off I will share with you a youtube video concerning what am talking about.
When you view that video by Marc Guerrero you will get a firm understanding about how the bitcoin currency exchange system works.yo will need to buy bitcoins from coinbase or any similar apps so that you may start investing.. Bitcoin is 100% better than money.. It’s because bitcoins are usable in any part of the world and in could be changed to most currencies. Bitcoins are extremely safe from any theft or hacks…to know more just download the following PDF:
With all that I know you will think twice about investing your money here..its a great way to be rich without a lot of struggle… In time I will be able to share my testimonies about this business.i thought I should let you know..to join the bitcoin currency exchange system please go to the following link and register your information there..
In that website there is also a guide to keep you in touch with what you need so that you may not get confused…earn real money.Comments are required..dont waste your time and money in anything else but this.