Tag: services February 2015

What To Do With Bitcoin

Bitcoin has been around since 2009, but it wasn’t until 2017 that it really started to take off. In January of that year, one bitcoin was worth around $1,000. By the end of the year, its value had shot up to nearly $20,000. Since then, the value of bitcoin has fluctuated, but it has generally […]

What Is The Value In Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How Is Bitcoin Generated

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known as mining. They can be exchanged […]

What Is The Rate Of Bitcoin

The rate of Bitcoin is the speed at which it is being transferred between wallets. The rate can be measured in terms of satoshis per second (sat/s) or in terms of US dollars per day. The average rate of Bitcoin over the past year has been around $2,500 per day. However, this rate has been […]

What Is Bitcoin Made Of

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

What Is Bitcoin In Layman’s Terms

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

What Is The Point Of Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How To Invest Into Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How To Earn Money From Bitcoin

Bitcoin is a digital currency that allows people to conduct transactions without the need for a third party. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a […]