BTC-CRYPTOCURRENCY And BLOCKCHAIN

Btc Mining Faqs are simple and this page will explain it. Most of your questions can be answered by notes given below and if not, register with your name and email on the right of this page. You will be contacted with an email address to send your concerns.  Therefore…

Bitocoin is an household name these days. An International Currency that is worth thousands of times more than major currencies. A Global Currency For Everyone That Uses It

Bitcoin is a completely global and open system of money

A global currency that anyone can take part in without asking permission, registering for an account, or showing Id. All you need to do is download an app just like you would download a browser for participating on the web. Therefore… without registering with anyone or creating an account, you can just download a bitcoin wallet. Thus… you can receive and send bitcoin. Also, buy anything with bitcoin and anywhere and also send and receive money instantly and with no interest charges or custodians.

Sign up for FREE and Start Mining Bitcoin right here.. get your reference link and create teams of miners that all Earn in Bitcoins.
All you need is a computer and internet!

The following videos are a good break for knowing how bitcoin works and a little about its long term impact: Thus…

START HERE

Signup then download the Smartminer program and install it on your computer. THAT’S IT -It’s that simple. 

BTC Trends Are On Fire

btc

Bitcoin is an innovative payment network and a new kind of money

The following videos are a good break for knowing how bitcoin works and a little about its long term impact: Thus…

For some more great intro videos check out Andreas Antonopoulos’s YouTube playlists, he is a known bitcoin educator out there today. Also have to give mention to James D’Angelo’s Bitcoin 101 Blackboard series. Typically…

Lots of additional video resources can be found at the videos wiki page or /r/BitcoinTV. As such…

The truth is, your computer can mine bitcoins and generate a dollar value of over $11,185. per bitcoin .  Therefore… this is nothing to sneeze at or play with! The moment I got this ‘golden’ opportunity (Bitcoin is gold), I jumped right in. Bitcoin isn’t going away anytime soon; -paper money is! The taxation of the Federal Reserve and will soon be over! Inflation will disappear! Thus…

What is Bitcoin?

Bitcoin is a currency that exists on the Internet –it is created on the Internet. As such… It really serves the need of the Internet generation. Bitcoin does not belong to any government and is not controlled by any bank. Also, It’s not a company; and it’s not a product or a service. Of course…

It’s an internet command or algorithm; a method of communication just like we would use email or the web. It does not belong to anyone. It is a shared public good on the internet. Thus… Bitcoin is a digital currency and payment system. Also… It is open-source –meaning that, it’s controlled collectively by the users in the network. Therefore…

Bitcoin uses peer-to-peer (person to person) technology. It operates with no central authority or banks. Thus… Issuing bitcoins and managing transactions is carried out collectively by the network. Also…

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

STEP 1

SIGN UP HERE THEN DOWLOAD THE SMARTMINER PROGRAM FOR BITCOIN MINING :

  • 100% no cost to you (FREE)
  • This is 100% REAL, and
  • It is also %100 REAL EASY. 

AFTER INSTALLING SMARTMINER PROGRAM GO HERE AND LOOK FOR STEP 2.

People search intensely for how to get bitcoin and bitcoin mining for quite some time now. #btc #bitcoin  #cryptocurrency #blockchain -Mining consist of your computer processing information from ‘blocks-of-information –blockchain -the network through which all bitcoin transactions takes place, in the form of a global spreadsheet. As such, it is information about  online (transactions that are encrypted end to end for security). Btc users all over the world provides the info -just like the internet works. It’s an algorithm your processor breaks down or Mine for bitcoin. By Mining into the blockchain you are able to find bitcoin – just like digging for gold. In addition…

What is Mining?

When you mine into the blockchain you are actually securing and authenticating the information in the chain. Securing each transactions between person to person.by digging into it -like finding gold. If you find a bitcoin you get to keep it. Additionally…

You can also buy bitcoin btc

There are exchanges out there where you can easily convert dollars to bitcoin, whether it be Canadian, US, or Euro or whatever… Similarly… they will transfer them back to you in whatever currency you want.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.

Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare

Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.

Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google “1 bitcoin in (your local currency)

You could also market or sell anything on ebay or wherever asking for payment in bitcoin. Also, someone can transfer their bitcoin to you from their mobile phone and once you have verified on your computer or phone that you got it… you can just walk away! Also…

BTC WALLET APP btc

A bitcoin wallet app will allow you to transfer bitcoin from device to device –BTC is easy to use!. Therefore… you will have your bitcoin wallet on your device and it’s a secure place to keep your bitcoins for when you want to use it. Send bitcoin from your computer, tablet, smart phone, or other device, to anyone, anywhere in the world, day or night. As such…

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.

Bitcoins can be used for direct payments -person to person, you can also use it online for tons of retailers! Over 500 retailers online are taking bitcoins for various goods and services! As a matter of fact…

Coinmap99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.

There are also lots of charities which accept bitcoin donations, such as WikipediaRed CrossAmnesty InternationalUnited WayACLU and the EFF. You can find a longer list here.

Secure! Bitcoin Uses Strong Crypyography

Bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications.

With bitcoin you can “Be your own bank” and personally secure your bitcoins OR you can use third party companies aka “Bitcoin banks” which will hold the bitcoins for you.

  • If you prefer to “Be your own bank” and have direct control over your coins without having to use a trusted third party, there are many software wallet options here. However, OMINEX is a good one.

Open! Fully decentralized

Bitcoin is open-source. Nobody owns it, the most popular client is maintained by a community of open-source-developers. Furthermore…

Fair. Minimal Fees

Using bitcoin network (blockchain) is free, except for a voluntary fee you can use to speed up transactions processing.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;

  • 1-3% savings over credit cards or PayPal.
  • No chargebacks (final settlement in 10 minutes as opposed to 3+ months).
  • Accept business from a global customer base.
  • Increased privacy.
  • Convert 100% of the sale to the currency of your choice for deposit to your account. In addition… choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.

 

Illegal Activity – There are websites you may have heard of like the ‘silk road’, where you can go on to purchase things like drugs only with bitcoin. Illegal activity takes place everywhere and bitcoin – being just like cash…with nameless transfers; can be a great way to pay for illegal things. However…

Billions of dollars are being laundered every year in cash. Only a fraction of that happens with bitcoins. When it comes to crime? that is an arena in which bitcoin is way behind.

If you are seriously interested in mining bitcoins?

START BITCOIN MINING NOW!

For more info on the faqs: 

BITCOIN MINING FAQS