5 Things to Know Before Investing in Bitcoin (2020 Updated)
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Bitcoin - The Currency of the Internet
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.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
I want to get my dad investing in Bitcoin / crypto and he's asked for evidence from respected experienced investors who believe and are investing themselves..testimonials... What's the best approach and resources? He's generally a safe investor (tracker, low yield funds) however after a few wines he's starting to look his pension pot and have a play around
Why invest in Bitcoin? 1. Bitcoin critics turning a 180° 2. Bitcoin is #34 in world currencies, beating New Zealand 3. Russia Dumping U.S. Dollar 4. Warren Buffet sells Banks buys GOLD🥇 5. It's just getting started 📉
Looking for a good video that sums up why bitcoin is a good investment to someone who doesn’t know much about crypto. Trying to get some buddies to hop on the boat but aren’t convinced with what I have told them based on the research I have been doing for a while now. Any recommendations? Thanks!
Asked to invest in bitcoin after having a debt paid.
Hello all, I recently submitted a statement on a Twitter page that is well known for having people with small debts get them paid off. I was contacted and offered to have my debt paid. Once the payment was made, he is now telling me to invest in bitcoin to make a profit to help me make more money. But he's giving me his virtual wallet and is hounding me to do it saying he will watch over the investment. Its making me uncomfortable and I worry that he will try to take the payment back. I've asked around on the page and everyone says he is a legit donor. What should I do? Is this a scam? Is it something I should do? Should I be worried?
I know I probably sound stupid but I’ve been thinking about it for a while now, and I’m really interested in buying a few of them, how would I go about doing so? I looked online and all the websites seem very sketchy I was hoping maybe some of the experts here could help me out, thanks
I want to invest in Bitcoin but I don't know how I feel about making the early adapters rich. Should I care?
The winklevoss twins and other "whales" will become massively rich if Bitcoin goes to the moon. I guess it's the same as stocks but this is a currency. Does anyone else have any mixed emotions on this?
The value of Bitcoin is heavily dependent on the faith of investors, its integration into financial markets, public interest in using it, and its performance compared to other cryptocurrencies. Note: Bitcoin with a capital “B” references Bitcoin the network or Bitcoin the payment system; bitcoin with a lowercase “b” references bitcoin as a currency or bitcoin the currency unit. Why Invest in Bitcoin? It seems silly to some people that one bitcoin can be worth thousands of dollars. What makes bitcoins valuable? Bitcoins Are Scarce “Bitcoin at its most fundamental level is a breakthrough in computer science – one that builds on 20 years of research into cryptographic currency, and 40 years of research in cryptography, by ... Investing in Bitcoin may lead to success, but as a beginner, it’s best to know exactly what you’re getting into. There are no guarantees when it comes to investing! This beginner’s guide will show you exactly where to start and how to invest in Bitcoin. How to Invest in Bitcoin for Beginner’s 1. Buy a Secure Crypto Wallet Read our guide to the Best Bitcoin Mining Software. Exchanges for Investing in Bitcoin. Exchanges are the most straightforward and popular method for acquiring Bitcoin. There are well over 100 operational Bitcoin exchanges worldwide, but steering clear of exchanges that are known for wash trading and sticking with major reputable exchanges is the most prudent move.
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