Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
"Bitcoin's value largely come from a widespread assumption that certain promises will be kept forever. One of those promises is the block reward. If that is ever changed - no matter how slightly - then Bitcoin has a NPV of zero."
So I wondered for some time how the value of bitcoin works. And after few weeks I realize i don‘t have a f clue. Does someone of you guys know, cause the wiki only says that it differs between days. And what‘s your average value?
Anyone else noticed how the value of Bitcoin on coinmarketcap.com goes down $500+ within minutes, despite the daily percent going up? Then you refresh a few minutes later and it's back up $500+. This oscilation doesn't match other marketcap websites. Has anyone noticed this and/or has an explation for what's going on?
I was wondering on how a value is assigned to a privet key..?? I mean lets say you have 1 btc in your wallet and how is that 1btc assigned to your privet key, I think im still not precise with my question let me put it metaphorically, if you see a bank account your your money is assigned a value lets say $100 and that $100 is deposited in the bank and the bank persons set $100 to your account but what I don't understand is that since btc doesn't have a bank and its all done by proof of work what does that block contain the block that is solved in order for it assign that value to the privet key it baffles me coz the wallet doesn't have any file containing btc value, what is btc like what determines its value when we do a btc transaction what exactly is being transferred..? can you create a btc value of your own..?? if the btc is not hackable why cant you create your own algorithm that can be assigned to your privet key
AutoInvest - Automaticallys notifies you through email when your bitcoins value is increased by a specifc amount.
Hello! I've created a program called AutoInvest. For example, if I had 0.1 bitcoins, that's approximately 1.000 euros right now and I didn't want to manually check bitcoins value over time. This is why I've created AutoInvest so that it automatically notifies you through email when bitcoins value is increased by a specific amount. I've have a server where the program runs 24/7 you can fill out this form and I'll add you to the users to email. Let's take the same example using AutoInvest. I have 0.1 bitcoins, I want bitcoins value to be worth 5 more euro. So in the form under We'll notify you when bitcoins value is increased by I simple add 5 and select eur as the currency you can also pick btc as the currency. Something like this may already exist, but I created it anyway. Any suggestions is always greatly appreciated! Thank you!
Bitcoins Cashout - Current Bitcoin Value Exchange BTC To USD
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Explore the top 50 cryptocurrencies with Coinbase, including cryptocurrency price charts, crypto descriptions, and the latest price of Bitcoin and Ethereum. What Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto.It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to ... The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin. Bitcoin Price Today. Die-hard BTC supporters believe that bitcoin is the future; we are just scratching the surface. Considering the continuous rise of bitcoin in the market capitalization, it is one investment every investor needs to take advantage of it. The current market capitalization of bitcoin stands at an all-time high of $109 billion. Two-factor authentication (2FA) is a way to add additional security to your wallet. The first 'factor' is your password for your wallet. The second 'factor' is a verification code retrieved via text message or from an app on a mobile device. 2FA is conceptually similar to a security token device that banks in some countries require for online banking.
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