Bitcoin explained: Here's everything you need to know - CNET
Bitcoin 101 - CoinDesk
Bitcoin: Die News des Jahres 2020 – kommt der Bitcoin für ...
How does Bitcoin work? - Bitcoin
Mimblewimble is the name of a [whitepaper](https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.txt) published in 2016 by pseudonymous contributor. The paper proposes a radical restructuring of the Bitcoin protocol in order to massively improve privacy and scalability of the digital currency. It is named after the Tongue-Tying Curse in Harry Potter because it aims to prevent users from saying too much about their transactions.
The official Reddit of GoldBars GBS, the original Gold Bullion crypto virtual commodity based on real world gold. 240 million bars of 400 ounce gold mimicking the real world commodity market for the benefit of creating new wealth free from any single point of control or ownership.
http://twitter.com/forex_in_world/status/1276597298848583682Bitcoin Weekly Forecast: US stocks and Bitcoin concepts to justify Bitcoin’s future https://t.co/prZniq6Hx2— FOREX IN WORLD (@forex_in_world) June 26, 2020
Bitcoin was born in 2009. It is a kind of encrypted digital assets built on a global distributed network without the participation of central banks and third-party organizations. The characteristics of decentralization and non-tampering of Bitcoin have overcome the shortcomings of high cost, low efficiency and information in the hands of a few people.
wiki.bitcoin is down (timing out) - where can I get a full rundown on all bitcoin concepts?
Hi there, I am interested in learning more about bitcoin. I looked at btc/wiki, which appears well structured, but each link goes to wiki.bitcoin.com, which times out at the gateway. Is there an alternative source I can look at which will give me all the details? Thanks!
[HIRING] Teach bitcoin concepts to newbies (San Francisco Bay Area)
We are looking for someone to teach basic bitcoin concepts to complete newbies. This would be a two hour class and cover basic things like what bitcoin is, how to open a bitcoin account, how to protect yourself etc.
Some of my big concerns with bitcoin in the wake of Silk Road, from an experienced real world trader fairly new to the bitcoin concept.
There are many things about this I could go into after commenting, studying, reading, and thinking much about bitcoin and silk road today (after hearing about it some time ago). Few thoughts: I think a lot of the technology & cryptography geniuses (not being sarcastic) involved in bitcoin and various spinoff ideas need to study markets, trading, fiscal policy and currency in depth. Especially the history of trading. See a book called "Extraordinary Popular Delusions & The Madness Of Crowds", among others, for example. See the internet bubble late 90s/early 2000s. See the Mortgage crisis, where risky mortgages were packaged as safe ones. Many many examples throughout history going back to the invention of money. The many flaws in the current bitcoin system are fairly clear to me as an experienced trader in the "real world". One main red flag thing to look into is "how easily can I cash out my bitcoin holdings for real US/Euro/Pound currency if I need/want to." Seems extremely illiquid on the cashing out side (similar to how some sports betting and poker sites have been in the past). A true "run on the bank" would cause immediate panic and market shutdown -- look at the what the "flash crash" did today to the infrastructure of the bitcoin market, not to mention the prices. And a lot of "banks" would disappear into the night, not redeeming/cashing out.
2 Was there ever a currency, commodity or anything else that was issued with a strict calendar time limit of when they would stop producing it? That inherently promotes hoarding and artificially boosts the value. Why would you spend the currency on goods instead of saving/investing it, if the supply is limited and will eventually stop (because it is then destined to be in shortage). The only place really worth spending it is illegal markets that don't accept credit cards and established currency. It likely will collapse on its own weight, otherwise 1 bitcoin would end up equaling $1 million or $1 billion or more (good luck cashing that out for real legal goods or an accepted currency). Talk about inflation. It actually reminds me more of a global electronic version of Beanie Babies and baseball cards that were issued in strict limited edition amounts - not a currency. You could perhaps compare it to diamonds (rather then gold), where a couple of producers attempt to strictly limit the supply each year in order to (in my view) artificially maintain high prices) -- but diamonds are a beautiful rare gem (and a real thing) that has held value over time (and women like them, they are sparkly).
3 Despite the bells and whistles of the various entrepeneurial websites, the regulations and rules that make for organized stock/bond/currency markets around the world are not present at all in the bitcoin "market". Among other things, there are no put options available to bet on downside, no short selling, no margin, no interest rate on holdings (that might be a good thing) ... but the biggest problem is no liquidity, oversight and established legitimate places of trade. Hence why "exchanges" and websites go belly up, are fraudulent, get hacked, have 7 day delays when the market gets busy, etc. There are prices 10%, 20% different on different websites at the same time ... not to mention the massive (and probably hidden) buy/sell spread price these "exchanges" are charging. In modern world liquid markets trading, any real arbitrage is usually immediately closed for example.
There's much more I could pick apart in it, but I'm tired. Bottom line is that currently bitcoin is a wild west hacker's and scammer's paradise and buyer beware (if you ever want to cash out). Creating a virtual mountain of virtual gold out of thin air that is pre-determined to be "tapped out" of gold in 40 years (or whenever) sounds like the Wizard of Oz to me. If you want to appoint me as the Jessie Livermore / Alan Greenspan / SEC Commissioner / Warren Buffett / Goldman Sachs of the bitcoin world, I would consider it, but payment only in real world currency :D
After cultivating the concept and technology, in 2011, Nakamoto turned over the source code and domains to others in the bitcoin community, and subsequently vanished. (Check out the New Yorker's ... Our studio decided to make a concept for Bitcoin — the most popular cryptocurrency in the World. This is the first decentralized digital currency ever, so we decided to build up its identity from scratch, from logotype up to unique futuristic ATMs. We i… Bitcoin allows all users to make transactions without any kind of intermediary, and transactions are verified by several users. This system is called blockchain and basically transmits data in a decentralized and transparent way. Thus, it is not necessary to rely on a third party for the data to be checked, decreasing the chances of fraud. Der Bitcoin nimmt nach der Korrektur auf unter 9.000 Dollar wieder Fahrt auf. Für positive fundamentale Impulse sorgt mal wieder PayPal. Denn die Pläne des Payment-Giganten, Bitcoin in sein ... The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their ...
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