Hottest 'value' Answers - Bitcoin Stack Exchange

What is Bitcoin

1) Bitcoin is a fixed supply, a first-of-its-kind, global-in-scale, voluntary, decentralized open-source digital currency and payment system that enables direct, peer-to-peer, borderless, pseudo-anonymous, nearly-instantaneous or nearly-free and irreversible cash-like transfers of value, working on the largest, most powerful and also the most secure decentralized computing network on the planet. The first currency and money system in the history of mankind which has no counter-party risk to hold and to transfer. (c) Capt_Roger_Murdock
2) Fast transactions, no waiting for checks to clear, no chargebacks (merchants will like this), no account freezes (look out Paypal), no international wire transfer fee, almost no fees of any kind, no minimum balance, no maximum balance, worldwide access, always open, no waiting for business hours to make transactions, no waiting for an account to be approved before transacting, open an account in a few seconds, as easy as email, no bank account needed, extremely poor people can use it, extremely wealthy people can use it, no printing press, no hyper-inflation, no debt limit votes, no bank bailouts, completely voluntary. This sounds like the best payment system in the world! (c) Trace Mayer, J.D.
3) Back in 1994 when Amazon was just getting started the bricks-and-mortar merchants were asked how they would respond to Amazon. They were asked "What's your Internet strategy?" And their collective response was along the lines of ... "Our what?"
It's 2017. The question now is ... "What's your Bitcoin strategy?" (c) Stephen Gornick
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Stephen Gornick. 26.4k 11 11 gold badges 58 58 silver badges 137 137 bronze badges. 9 What happens if I buy Bitcoins and the price goes down? ... There are plenty of private individuals who value Bitcoin for international money exchange, its low cost trading capability, its irreversability, its lack of a central authority and its upper limit on ... While Bitcoin may not need traditional governments, the very consensus process by which Bitcoin operates is an example of governance. So far, that governance has operated loosely without much formal structure — and this has worked well. The key point of this post is that Bitcoin is now at a stage where the current process is no longer adequate. Stephen Gornick and Adrian. Bitcoin difficulty adjustments. ... with the economic value of billions of dollars. Bitcoin network is one of the most powerful computer networks on the planet. It's a ... Stephen Gornick Stephen Gornick 26.4k 11 11 gold badges 60 60 silver badges 137 137 bronze badges When I buy a gold or silver coin I have the coin with value, as silver and gold are needed to build computers and other things. The Bitcoin Mining Algorithm From A Programmer's Viewpoint. block proof-of-work algorithms mining-theory block-header This page: Blocks said mining is actually to solve a mathematical problem, but reading Block hashing algorithm doesn't give much help.I also tried reading bitcoind source code, but reading code takes much more time than reading documentation:) And I have written a simple json ...

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let the bitcoin pumpage begin! Disclaimer: The information I discuss in the videos on this channel are only the views of myself and are not to be taken as financial advice. I know a lot of people compare bitcoin to gold, and in a sense this is a good point - older generations have seen gold as a safe store of value, just as our younger generation sees gold as being ... Watch the real time price movement in Bitcoin Trading. Get the real time market update and news on Bitcoin. On the live video: We will showcase live price of... 24/7 Live Bitcoin Price and BTC Significant Trades This stream shows the Bitcoin Price, BTC Price on global exchanges, and BTC trading! This is an automated stream. Please feel free to embed or ... This video is unavailable. Watch Queue