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Bitcoin is a digital currency. It makes it possible to send and receive money over the internet without and interference from 3rd party actors like banks. The transactions work thanks to a "ledger system" were computers keep track of who sends and receives money. This is possible thanks to the blockchain were miners use computers to solve mathematical equations to solve the ledger functions. When a miner solves an equation they also get a reward for that. I personally use this website for info about crypto: coinworld.io
What else can I help you with?
Where accepts bitcoin?
Over 100,000 merchants worldwide have begun accepting cryptocurrency payments in the form of bitcoin, ethereum, bitcoin cash and the Gemini dollar. You can use bitcoin to buy a gift card and then shop at those retailers or another one of the 200-some that they work with, including giants like Nike, Target and Starbucks. Bitcoin is looking like normal currency in future.
How many Bitcoins can I buy with 1000 dollars?
The number of Bitcoins you can buy with $1,000 depends on the current price of Bitcoin. For example, if Bitcoin is priced at $50,000, you could purchase 0.02 Bitcoins with $1,000. To determine the exact amount, simply divide your budget ($1,000) by the current price of Bitcoin. Always consider transaction fees, as they can affect the total amount you can buy.
Have all the bitcoins been mined?
No, not all bitcoins have been mined yet. The total supply of Bitcoin is capped at 21 million, and as of now, a significant portion has been mined, but it is estimated that the last bitcoin will not be mined until around the year 2140 due to the decreasing block rewards from the mining process. Bitcoin's issuance rate halves approximately every four years, further extending the timeline for the complete mining of all bitcoins.
How much is one bitcoin?
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Which bitcoins should I invest in?
When considering investing in Bitcoin, it is important to research and choose established and reputable cryptocurrencies like Bitcoin (BTC) itself. It is advisable to consult with financial experts and consider factors such as market trends, security, and long-term potential before making any investment decisions.
Can you buy drugs with Bitcoin?
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Are bitcoin generators illegal?
Yes, Bitcoin generators that claim to create free or easy Bitcoin are typically illegal and often fraudulent. These scams may deceive users into providing personal information or money without delivering any actual cryptocurrency. Additionally, engaging in or promoting such activities can violate laws and regulations in many jurisdictions. It's important to acquire Bitcoin through legitimate exchanges or mining methods.
What is Edison's renegade currency?
The Bitcoin is Edison's renegade currency.
What's the price of a Bitcoin?
$378.88 USD as of the second of December 2014
What are some ways to make cash from home?
You can start your own business from home, it could be anything. Work at home jobs are great too. You could even become a bitcoin miner with your own personal computer!
Where accepts bitcoin?
Over 100,000 merchants worldwide have begun accepting cryptocurrency payments in the form of bitcoin, ethereum, bitcoin cash and the Gemini dollar. You can use bitcoin to buy a gift card and then shop at those retailers or another one of the 200-some that they work with, including giants like Nike, Target and Starbucks. Bitcoin is looking like normal currency in future.
How many Bitcoins can I buy with 1000 dollars?
The number of Bitcoins you can buy with $1,000 depends on the current price of Bitcoin. For example, if Bitcoin is priced at $50,000, you could purchase 0.02 Bitcoins with $1,000. To determine the exact amount, simply divide your budget ($1,000) by the current price of Bitcoin. Always consider transaction fees, as they can affect the total amount you can buy.
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Rising inflation and the potential for even more stimulus continues to push people to safe-haven assets. Increased adoption from payment applications like PayPal will give far more people easy access to cryptocurrency. Publicly traded companies purchasing Bit coin shows a high level of confidence in its appreciation. Learn more about how to profit here: ht tp s : // cu tt .ly / Pmh7qDN
Who were its first miner?
The first miners of Bitcoin were individuals who participated in the network shortly after its launch in 2009. The most notable among them was Satoshi Nakamoto, the pseudonymous creator of Bitcoin, who mined the first block, known as the "genesis block," on January 3, 2009. Other early adopters and enthusiasts also joined in mining as the network began to grow, contributing to the initial distribution of Bitcoin.
How do you get out of Bitcoin?
If you buy your BTC on your exchanges, you can sell it at a higher price. That's what I do when I am short on Netcoins.
Does the NYA still exist today?
No, the New York Agreement (NYA) is no longer active today. It was initially created in 2017 as a scaling agreement for Bitcoin that ultimately led to the creation of Bitcoin Cash. However, the NYA itself is no longer in effect.
Can I use bitcoin without internet?
No, I don't think so. All transactions have to be shared among several computers - in other words, a network is required. And since many of those computers are far away from you, you need the Internet.
