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Bitcoin is a Currency Born into the Digital Age

What is Bitcoin?Bitcoin isn’t actually a coin. Nor is it a piece of paper or anything physical you can hold or put in your pocket. It has no bank or regulator. It’s a computer code that exists on the internet on a thing called the blockchain, a ledger of transactions. Anonymity originally made bitcoin and other digital currencies popular for illegal activities, especially on the internet. But retailers gradually warmed to accepting bitcoin, and there are even bitcoin ATMs. Online trading sites allow people to buy and sell it in fractions of a whole, meaning ordinary people don’t have to plunk down a big bundle of money all at once to get a piece of the action.

How do you buy it? To buy it, you have to get a so-called digital wallet to store your coins and then link to a place where you can buy them. Coinbase is one such site. It’s an app where you create an account and link it to your bank and then use it to buy, sell and store coins. There is a transaction fee. Banks and financial companies have taken a keen interest in the blockchain concept, seeing uses for it in securities settlement, payments and other transactions far beyond tracking a digital token. But bitcoin has some obvious problems, extreme price volatility being just one. What are the risks? Futures industry participants, including major banks that clear securities transactions, have warned about the risks to the system if the bitcoin price collapses and people trading bitcoin futures get hit with margin calls. And if the origins of bitcoin aren’t sketchy enough — created by a shadowy and unverified person or persons going by the name Satoshi Nakamoto — sites where it has been trading and where people store their coins in virtual wallets have been subject to hacking and theft. Just this week some $70 million of bitcoin was stolen from a site called NiceHash, and the previously best-known exchange, Mt. Gox, collapsed in 2014 after 850,000 bitcoins, then-worth $450 million, went missing. No less than JPMorgan Chase CEO Jamie Dimon and billionaire investor Warren Buffet have called it, respectively, a fraud and a mirage. Though on Friday, Dimon told CNBC he was open to the use of cryptocurrencies if properly controlled and regulated. Will it last? Bitcoin bulls point to its scarcity value as a reason it will have staying power. Only 21 million bitcoins will be in existence. To “find” them, people do something called mining, which means using a computer and a lot of electricity to solve math problems that unlock bitcoins as a reward. By devoting resources to developing blockchain technology, banks have legitimized it, but the question is whether bitcoin will last. Thomas Peterffy, the CEO of Interactive Brokers and a pioneer in the markets in his own right, is allowing his brokerage customers to trade the futures starting Monday, with a big 50 percent margin and hefty $5 per-contract fee. “I’m extremely curious. This is an amazing thing,” he said on CNBC’s “Fast Money” on Thursday. The price could go over $100,000 before it crashes to nothing, he said. “How silly people are it’s just amazing to me.” Understand Bitcoin and Crypto Currencies, learn more about the company, our training program, and how YOU can start earning from the Bitcoin BOOM, GET STARTED FREE NOW

Bitcoin as The Potential Revolutionary Game-changer of 21st Century

Bitcoin has the potential to be a real game-changer. Right now, billions of people around the world cannot get a bank account and cannot make international transactions. Bitcoin changes all this. If you have access to the Internet, you no longer need a bank account, credit card, or other legacy payment method. Indeed, armed with just a basic smart phone and a free Bitcoin wallet app, you’ve got everything you need to start sending and receiving money right now.

Bitcoin was one of the most talked about things in the world in 2017 with meteoric highs paving the way for the preeminent cryptocurrency bursting into mainstream consciousness. Well, not only can you make purchases with Bitcoin, For the first time ever, anyone can send or receive any amount of money with anyone else, anywhere on the planet, conveniently and without restriction. It’s the dawn of a better, more free world

Internet has dramatically changed the world…And digital, decentralized currency like Bitcoin appears to be the next revolution. Bitcoin is one of the most important inventions in all of human history. As Bitcoin boomed, more people looked to take advantage of the appreciation in value which saw some luxury items, from mansions to custom cars, go on sale - not in dollars, but in Bitcoin.

Bitcoin isn’t owned by anyone. Think of it like email. Anyone can use it, but there isn’t a single company that is in charge of it. People everyday of their lives use email, they probably have no idea how it works under the covers, but they use it because it’s simple, free, easy, and allows them to send messages anywhere in the world for free. It’s the same thing with Bitcoin, send money anywhere in the world for free





Bitcoin’s price is determined by the laws of supply and demand. Because the supply is limited to 21 million bitcoins, as more people use Bitcoin the increased demand, combined with the fixed supply, will force the price to go up. Because the number of people using Bitcoin in the world is still relatively small, the price of Bitcoin in terms of traditional currency can fluctuate significantly on a daily basis, but will continue to increase as more people start to use it. For example, in early 2011 one Bitcoin was worth less than one USD, but in 2015 one Bitcoin is worth hundreds of USD. In the future, if Bitcoin becomes truly popular, each single Bitcoin will have to be worth at least hundreds of thousands of dollars in order to accommodate this additional demand.

Bitcoin transactions are seen by the entire network within a few seconds and are usually recorded into Bitcoin's world wide ledger called the blockchain, in the next block. There are several ways to buy Bitcoin, but trusted exchanges are a great way to acquire Bitcoin. Because there are inefficiencies in the traditional banking system, exchanges will sometimes have slightly different prices. If the difference is too great, traders will buy low on one an exchange and sell high on another and close the gap. If an exchange constantly has substantially different prices than others, it is a sign of trouble and that exchange should be avoided.

Bitcoin transactions are irreversible. This means that no one, including banks, or governments can block you from sending or receiving bitcoins with anyone else, anywhere in the world. With this freedom comes the great responsibility of not having any central authority to complain to if something goes wrong. Just like physical cash, don’t let strangers hold your bitcoins for you, and don’t send them to untrustworthy people on the internet As with everything else, do your research and find an exchange you can trust. It’s also a good idea not to use an exchange as a wallet. Move your Bitcoin to your personal wallet so that you have control over your funds at all times. You can view our list of Bitcoin exchanges here.


YOU can to be an active participant in this revolution both with Bitcoin and potentially other cryptocurrencies as well,,,Earn money in three different ways by referring borrowers, lenders, or your friends to our Bitcoin site and get up to 50% of our transaction fees percentage of the Bitcoin loan origination fee for the lifetime of the customer instantly in bitcoin to your wallet.

Want to be ahead of the masses on this HUGE wealth transfer in Bitcoin? Invest in bitcoin easily and securely at the Peer to Peer Bitcoin marketplace connecting buyers with sellers to buy, sell and send bitcoin with over 300 ways to pay for bitcoin including bank transfers, gift cards, Paypal, Western Union, Moneygram, your personal debit/credit cards and many more. Simply click here to select how you want to pay and type in how much Bitcoins you need.

Take Advantage of the Bitcoin and Understand Bitcoin and Crypto Currencies, make extra money and positioning yourself to take full advantage of the Bitcoin and Cryptocurrency worldwide BOOM! Learn more about the company, our training program, and how YOU can start earning from the Bitcoin BOOM. Click here to GET STARTED FREE NOW

It is easier than you think. Join the bitcoin revolution. Start making money in one of the fastest growing industries of the decade. Work from home or from any location. No prior experience is necessary. All you need to begin is some bitcoin and a PayPal account. Our system does the rest. The process is completely automated. It is easier than you think. Click here

Sign up here for Free account to start referring clients.,,It only takes a few minutes. Place your affiliate link on your website, social media page, or another place. You can also refer people offline by giving them a promo code and when users sign up through your affiliate link or with promo code and place a transaction, you receive commissions in Bitcoin, too—paid instantly to your Bitcoin wallet!