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What is Bitcoin and how does it work? Is it legal? Who's behind it?

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What is Bitcoin and how does it work? Is it legal? Who's behind it? What is Bitcoin? Bitcoin is the first global, decentralized currency that allows you to send money from one person to another without involving a third party broker, such as a bank. You only need your computer to make transactions because Bitcoin is fundamentally software. As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it. You might think that the lack of control could mean chaos, but that’s not true at all. That’s because Blockchain, the technology behind Bitcoin is one of the most accurate and secure systems ever created. How Does Bitcoin Work? A blockchain is a ledger that keeps records of digital transactions. Instead of having a central administrator, like a bank or the government, blockchain organizes data in batches ( What is a blockchain, and why is it growing in popularity? ) called blocks. These data batches use cryptographic val...

What is Bitcoin's killer app?

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What is Bitcoin's killer app? BITCOIN  :- With bitcoins, you can buy webcasting services, pizza or even manicures, reports  MONEY: Personal Finance News & Advice . Bitcoin was a currency created in 2009 by a mysterious software developer. He calls himself Satoshi Nakamoto. No one has ever met him, and it is not clear if he is one person or several people.Bitcoin does not use printed money. It is digital only. The currency is created on computers by a community of people across the globe. Anyone can join that network, or group, according to  CoinDesk Bitcoin and Blockchain News . This network processes transactions made with the digital currency. Bitcoins are stored in a “digital wallet” over the Internet or on the user’s computer. There is not an unlimited amount of bitcoins. With bitcoins, there are no banks or fees. Users do not register with their real names. Merchandise can be bought without the user showing her or his identity. Bitcoins are not...

How do I deposit money into Bet365 from India? Is it possible to earn INR 200000 using Bet365? Is it legal to bet through bet365 from India?

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Is it possible to earn INR 200000 using Bet365? YES ! It’s Very Possible to Earn 200000 in Bet365. as I mentioned 2 Screenshots where you can see the winnings of mine from 09/03/17 to 15/03/17. Its very simple to earn money in  BET365  , but Should Take Risk to Earn more. THE MORE RISK = THE MORE MONEY  . Taking Risk is  OK  but always try to be in  SAFE ZONE  . Just Play only the game you Know, never run for money let money follow you. For more Betting tips please follow me, and NEVER TRUST ANY BROKERS FOR DEPOSIT OR WITHDRAW of your MONEY. How do I deposit money into Bet365 from India? Listen and read carefully else you can face legal action against you. Never use SBI cards for depositing money in to online book markers sites like bet365 or betfair or  betway  or  1xbet  . Always use Nettler,Bitcoin or skrill for gambling transaction. Always means always. If you are from India I suggest for 1xb...

Bitcoin (btc currency) Explained! How to get free bitcoin?

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I am going to try to make it as simple as possible. There are two guys, Hulk & Batman. Batman wants to transfer 1,000 rupees to Hulk. So, Batman goes to his bank in Gotham and transfers 1,000 rupees to Hulk’s bank account in Ohio. Now, the bank cashier will make a note of the transaction, either in a cash register or an online data sheet. He will give it a transaction number, and also note down the name of the two parties involved. Understand the fact that whenever you transfer money, the bank is the third party which gets involved to note down the credentials of the transaction. What if there was no bank required to make a transaction? So, when Batman transfers money to Hulk through Bitcoins, all the information related to it is handled by a blockchain. A block chain is a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly. It is a continuously growing list of records, which has the time sta...

Is Bitcoin real or fake?

Is Bitcoin real or fake? Bitcoin is here to stay, but to answer you question,  we have to look at what Bitcoin has now become . Initially it was seen as a method for lowering the costs and barriers of transactions between people. However, as the price of Bitcoin has risen (along with its transaction fees), it has moved more towards being seen as a store of value. Bitcoin is a financial asset. As with assets like gold, or even the US Dollar, what will define Bitcoin as being ‘real’ will be the perception people have of its value. Gold is metal, aside from use in jewellery or electronics, its use as an asset is minimal. But as with Bitcoin having a finite number of coins, the scarcity attached to the supply of Gold results in it being seen as valuable. Some factors that could diminish Bitcoin’s perception as a store of value are: Regulation  can’t stop Bitcoin, but it can stop liquidity entering Bitcoin. If large scale institutional money is restricted from enteri...

Is bitcoin to risky to invest now? Is this the right time to hold Bitcoin? Will Bitcoin die this year? How do you explain Bitcoin to a 6-year-old?

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Is bitcoin to risky to invest now? You probably want to know if Bitcoin can make you money, right? The question is first of all what is the real goal that Cryptocurrency catch you attraction? If the answer is -  Fast Money Making(?) -  I cannot really help, but if you are looking for a long-term investment, then  Hodl, be patient. Before entering to any type of investment you should be aware of the risks, aware of upcoming fundamentals and compare competition. Invest your time in your own education and research before you risk your money. With or without our approval, Bitcoin has become a thing, and for those who jumped on it early, a very profitable one. Many are asking themselves if it is too late to invest, and I think that it is never too late to start investing. I truly believe that the biggest added value of that you can receive from cryptocurrencies is the knowledge of how the future modern world will look like. Any idea that you might ha...

bitcoin price prediction for 2017, 2018, 2019 and 2020?

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Bitcoin has been the top-performing currency in the world in six of the past seven years, climbing from zero to a new high value of about $15000. But the cryptocurrency isn't anywhere close to its potential, according to Jeremy Liew, the first investor in Snapchat, and Peter Smith, the CEO and cofounder of Blockchain. In a presentation sent to Business Insider, the duo laid out their case for bitcoin exploding to $50,000 by 2018, 2019, 2020.  Their argument is based on increased interest in bitcoin, thanks to: Bitcoin-based remittances Remittance transfers, or electronic money transfers to foreign countries, have  almost doubled  over the past 15 years to 0.76% of gross world product, data from the World Bank shows. You can earn 1 Bitcoin right now  by using cloud mining . "Expats sending money home have found in bitcoin an inexpensive alternative, and we assume that the percentage of bitcoin-based remittances will sharply increase with greater bitcoi...