What is bitcoin? And should you invest in it?

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.
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Bitcoin Bakersfield CA

Local Bakersfield bitcoin Community BitcoinBakersfield.com is dedicated to providing basic information about bitcoin to anyone interested in learning about this new technology & innovation called bitcoin, listing local Bakersfield locations currently accepting bitcoins, helping merchants looking to accept bitcoin, and networking opportunities for Bakersfield, CA bitcoiners.
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TrustCoin - A New and Exciting Secure Digital Currency

TrustCoin (sign: TC) is a decentralized digital currency based on American Copyright laws, utilizing the jpg lossy image compression format.
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My friend said I should invest in Bitcoin, should I? Heard its like some electronic coin...like fake money lol. Hahaha not falling for that.

Next I am going to be investing money in fake houses built online lol.
I tell ya, conmen everywhere. That reminds me, I need to see the new episode of the Apprentice.
submitted by thedogt to Stuck10YearsBehind [link] [comments]

Why You Should Invest in Bitcoin?

Why You Should Invest in Bitcoin? submitted by AusfinexExchange to u/AusfinexExchange [link] [comments]

Tim Draper Interview: Millenials should invest in Bitcoin

Tim Draper Interview: Millenials should invest in Bitcoin submitted by JoyEllis to Bitcoin [link] [comments]

Millennials should invest in bitcoin, billionaire investor says (current BTC/USD price is $8,660.43)

Latest Bitcoin News:
Millennials should invest in bitcoin, billionaire investor says
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

Tim Draper: Millennials Should Invest In Bitcoin

Tim Draper: Millennials Should Invest In Bitcoin submitted by CryptoCrunchApp to CryptoCrunchApp [link] [comments]

Ray Dalio Claims no one Should Invest in Bitcoin or Have Cash

Ray Dalio Claims no one Should Invest in Bitcoin or Have Cash submitted by Ranzware to BitNewsLive [link] [comments]

Top Reasons Why You Should Invest In Bitcoin - Likeitgirl

With the introduction of Bitcoin in the market, we can be sure to be free from any central governing authority, which will make our transaction fees cheaper. To make transactions with bitcoin, you can use your bitcoin wallet or go to some cryptocurrency exchange where there is no need for currency conversion to make transactions
submitted by hellenjones260 to u/hellenjones260 [link] [comments]

Top 10 Reasons Why You Should Invest In Bitcoins

1. No Third Parties

No one is able to tamper with bitcoins. This is because the database stores every redundant copy of the transaction. The worst incident that can happen is where a bitcoin owner is forced to send the currency to somebody else. Since no government agency is involved, the government is not in a position to freeze someone’s wealth. This gives Bitcoin users absolute freedom.

2. No Taxes

With Bitcoin transactions, there is no third party. Even the government is not able to influence these transactions in any way. There will never be a viable way of implementing a Bitcoin taxation system. If taxes were to be paid, then it would have to be voluntary payments by the traders without any forceful influence.

3. No Tracking

Unless a Bitcoin user publicizes his or her wallet address, individual transactions cannot be traced to anyone. Apart from the wallet owner, no one else will know how many bitcoins the wallet owner has. In the event that a wallet address is publicized, generating another address is a very easy thing to do. People find this level of privacy to be very appealing.

4. Transactions Cannot Be Reversed

As with the common payment systems, the sender of money can order a reversal of the funds. If for instance you have already delivered goods to a client and he orders a payment reversal, you stand to lose a lot as a seller. This digital currency is the only payment method that has no reversal. Once a payment has been made, that’s it.

5. No paperwork

Unlike the paperwork required to open bank accounts, to transfer funds or to receive funds, Bitcoin transactions do not involve any form of paperwork. No proof of address, no ID card, and no passport is required for one to start trading in Bitcoins. What one needs is just a wallet and an address. You can have as many addresses as you want, no one limits you.

6. Appreciating Value

From a few cents when it was introduced back in 2009, Bitcoins are now worth more than $7,000. Analysts foresee that within the next 10 years, one bitcoin will be worth more than $100,000. The value of Bitcoins has been tremendously increasing. Its value more than doubled between March and November 2017. By investing in Bitcoins, you are investing in your future.

7. With Bitcoins, You Can Access Markets That Were Historically Inaccessible

In 2016, there were about 2.3 billion people that could access the internet. Most of then use mobile phone internet. Some of them are not able to access the traditional systems of money exchange. This means that such individuals are able to transact using Bitcoins because the traditional banking facilities are out of reach for them. With this, it means that bitcoin is set to grow bigger and bigger.

8. Lower Charges and Fees

Bitcoin transactions cost very little as compared to normal transactions. Since no third party is involved, Bitcoins are moved by the users between themselves without any additional costs. Through the Bitcoin online exchange platforms, one is able to transact for free. Bitcoin fee is normally 0.005 bitcoin parts for every transfer. A normal international inter-bank transfer costs hundreds or even thousands of dollars.

9. No Theft Identity

With credit cards, for instance, when you give a merchant your information, what he does is to pull the specified amount from your card. Some merchants are manipulative and might initiate more money than agreed. Credit cards are prone to hacking and identity theft. With Bitcoin, it is the opposite. The owner of the Bitcoins sends exactly the amount that he or she wants to send.

10. Immediate Settlements

Traditional debt settlements systems always take time. For bank transfers to be initiated and completed, it might take several days or even weeks, depending on the location of the two parties. Payments have to be verified, and this results in time wastage. Bitcoin transactions are completed within a few minutes, regardless of the geographical locations of the parties. By just pressing the send button, the transactions is soon completed without any unnecessary delays.
submitted by aj_gulmayo to Bitcoin [link] [comments]

Why Cryptocurrency Beginners Should Invest In Bitcoin Instead Of Bitcoin Cash

Why Cryptocurrency Beginners Should Invest In Bitcoin Instead Of Bitcoin Cash submitted by slacker-77 to Bitcoin [link] [comments]

MRW my 75 year old mother asks if she should invest in Bitcoin

MRW my 75 year old mother asks if she should invest in Bitcoin submitted by palmerry to reactiongifs [link] [comments]

Here's Why You Should Invest In Bitcoins This Holiday Season

Here's Why You Should Invest In Bitcoins This Holiday Season submitted by BitcoinLibertarian to Bitcoin [link] [comments]

J.Lo and A-Rod Backed a Fintech Play. They Should Invest in Bitcoin Next

J.Lo and A-Rod Backed a Fintech Play. They Should Invest in Bitcoin Next submitted by cryptoallbot to cryptoall [link] [comments]

Venture capitalist: More institutions should invest in Bitcoin, great custody solutions ensure crypto stays secure

Venture capitalist: More institutions should invest in Bitcoin, great custody solutions ensure crypto stays secure submitted by n4bb to CoinPath [link] [comments]

My Grandpa asked if he should invest in Bitcoin

I got an unexpected call from my grandpa minutes ago - he wants to invest in bitcoin! He told me he was going to buy a thousand us dollars of btc and see how it goes. The wise man just keeps getting wiser!
I never expected bitcoin to become so popular so quickly. I'm just grateful my grandpa thought of me when he needed someone to talk to about this crazy internet money.
submitted by amusciano to Bitcoin [link] [comments]

J.Lo and A-Rod Backed a Fintech Play. They Should Invest in Bitcoin Next

J.Lo and A-Rod Backed a Fintech Play. They Should Invest in Bitcoin Next submitted by n4bb to CoinPath [link] [comments]

“You Should Invest In Bitcoin Before Early 2019 ON THIS BASIS” – BTC Bull Tom Lee Tells PRO Secret

“You Should Invest In Bitcoin Before Early 2019 ON THIS BASIS” – BTC Bull Tom Lee Tells PRO Secret submitted by Rufflenator to 3bitcoins [link] [comments]

“You Should Invest In Bitcoin Before Early 2019 ON THIS BASIS” – BTC Bull Tom Lee Tells PRO Secret

“You Should Invest In Bitcoin Before Early 2019 ON THIS BASIS” – BTC Bull Tom Lee Tells PRO Secret submitted by ososru to Bitcoin4free [link] [comments]

06-04 00:34 - 'I Should invest in Bitcoin right now 19-02-2019.' (weekly-daily-analysis.co) by /u/atktaouabdallah removed from /r/Bitcoin within 105-115min

I Should invest in Bitcoin right now 19-02-2019.
Go1dfish undelete link
unreddit undelete link
Author: atktaouabdallah
submitted by removalbot to removalbot [link] [comments]

Can you give me a reason why I should invest in Bitcoin?

First I thought that bitcoin is a great thing and will certainly be a part of our future, but the use of bitcoin gets destroyed by the big fluctuations due to the fact that the biggest part of bitcoin owners are traders and not people who actually use them. Also I'm a beginner and not sure that Ive truly grasped the concept of bitcoin.
submitted by skeletongrandma to Bitcoin [link] [comments]

Why Cryptocurrency Beginners Should Invest In Bitcoin Instead Of Bcash

Why Cryptocurrency Beginners Should Invest In Bitcoin Instead Of Bcash submitted by ebaley to Bitcoin [link] [comments]

A friend said I should invest in bitcoin...

A friend said I should invest in bitcoin... submitted by doodlebug1700 to funny [link] [comments]

So basically I should invest in bitcoin and use it like a savings account?

I just put extra money that I have inside and it grows as a benefit (or drops)?
submitted by NewWonderer to Bitcoin [link] [comments]

Should You ACTUALLY Invest In Bitcoin? - YouTube Should You Invest in Bitcoins? - YouTube 5 Reasons Why You Should Invest In Bitcoin - The European ... Should You Invest In Bitcoin? - YouTube Should You Buy Bitcoin? - YouTube

That is just one reason why you should invest in Bitcoin, take a look below to see more solid arguments for getting yourself involved in the cryptocurrency market. 1. Buy Low Sell High – Ability ... So should a thoughtful person invest in bitcoin? Here are the three key factors to consider. 1. Diversification. Here’s one of the first rules of investing. I tell everyone this: know how to ... Should I Invest in Bitcoin? To summarize, if you are thinking about investing in Bitcoin, it is absolutely fundamental that you recognize that the space is highly speculative. Not only is there a chance that you could make double-digit losses, but you could also lose your investment in its entirety. Fully in-line with these ultra-high risk levels is the potential to make significant gains. If ... Why should you invest in Bitcoin? There are several reasons that prompt people to invest in bitcoin. We have listed some of the most prominent reasons below. Adaptation of bitcoin; Like anything new, it needs to be adopted on a large scale. Bitcoin regulation also needs to be adopted. But we’re now seeing businesses use bitcoin on a large scale. You will find that businesses are doing a lot ... You should not invest in Bitcoin. The reason why is that it’s not an investment; just as gold, tulip bulbs, Beanie Babies, and rare baseball cards are also not investments. These are all things ...

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Should You ACTUALLY Invest In Bitcoin? - YouTube

All topics ranging from Personal finance to saving, investing, how to manage and grow wealth and with some ranting in the middle. I'm here to help everyone g... Should You Invest in Bitcoins? There is a lot of noise in the market place these days about the digital currency Bitcoin. This is a relatively new type of cu... https://rebrand.ly/rawealthpartners1 Get More Info Now 5 Reasons Why You Should Invest In Bitcoin - The European - Truths, invest in bitcoin What Is Regal As... I share with you Why You Should Invest In Bitcoin Today! Bitcoin is the biggest investment in history in the last decade of 10 years. This goes for any other... My 5 Step Money Making Blueprint: https://www.ryanoscribner.com/start Follow Me On Instagram: @ryanscribnerofficial ___ FREE Resources From Ryan Academy (3 E...

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