Definition and Bitcoin History:
Bitcoin is a new currency that was created in 2009 by an unknown person using alias name : Satoshi Nakamoto. Transactions are made without middle men and banks. There are no transaction fees and no need to give your real name. Bitcoin is unique form of currency and just like ordinary general files. The file is encryption of unique codes that make no equal to one another. And as mp3 files or word file you have in your computer device, bitcoin files can also be stored in a computer or flash disk or software called bitcoin wallet. In addition, bitcoin can also be saved in bitcoin storage services on the internet cloud server.
Here, I will Briefly Describe Three Steps in Generating Bitcoin.
STEP ONE : You must create a wallet
Wallet is a place to collect/store your bitcoins that you have obtained from various generating bitcoin sources. To get the address of bitcoin wallet, please register on Coinbase (click Here) or Xapo or Blockchain.
STEP TWO : How to get free bitcoin?
There are many ways to obtain/generate bitcoins. They could be obtained freely without any charge and without a penny or we could also make investment on the way to get bitcoin. The following ways explain how to get free bitcoins without requiring capital.
Getting free Bitcoin; see the article at the link below :
1.1 Faucet Bitcoin
1.2 Spin Bitcoin Faucet; This faucet is offered by ePay.
Dogecoin Faucet; Dogecoin is one altcoin (alternative coin) that are most often committed by bitcoin hunters to increase the coffers of bitcoin. Here are some popular altcoin faucet that you can run.
STEP THREE : Using your Bitcoin
You could sell-buy your bitcoins wisely for the sake of convenience, along with fellow bitcoin users in world’s largest bitcoin market. Bitcoins can be used to buy merchandise anonymously. In addition to international payments, it could be used easily and cheap, because bitcoins are not tied to any country regulation. More merchants are beginning to accept bitcoin where you can buy web hosting services, pizza or even manicures.
Price per one bitcoin is varied every day. It is fluctuating significantly and it could have low value, and in the next day will be very high. Therefore, the hackers everywhere, issues concerning burglary account number is true. It is needed to utilizing a number of safety with various kinds of patterns and logarithms in order to enhance the security of the account of each member belonging. This is done to limit the movement of the hackers and build the convenience of the bitcoin users and future transaction tools.
If You Want to Know and Learn More about Bitcoin, You Could Enhance your Bitcoin Knowledge by using these Manuals :
- Get Results faster and better than everyone else : How you too can shape your mind and thoughts to create the dreams you thought were impossible.
- Bitcoin Income Kit : Here is exactly how you can make $100 in 10 minutes without traffic and without technical know how.
If you still have any questions regarding bitcoins, please don’t hesitate to contact me and get in touch with me if you ever need anything.