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Why Bitcoins?

Why Bitcoins?

Payment freedom – It is possible to send and receive any amount of money, small or big instantly anywhere in the world at any time. No bank holidays. No borders. No imposed limits. The network allows its users to be in full control of their money. Very low fees – Payments are currently processed with either no fees or extremely small fees. Users may include fees with transactions to receive priority processing, which results in faster confirmation of transactions by…

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What is a Bitcoin Wallet?

What is a Bitcoin Wallet?

A Bitcoin Wallet is your digital wallet where you can store your bitcoins. In your wallet you can also send and receive bitcoins, it is very similar to online banking. Basically there are two options to get a wallet. Option one is that you download a bitcoin client, or option two is that you use an online bitcoin wallet services. The difference between those two options is that with the bitcoin client all the coins are stored on your computer,…

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Bitcoin Trading

Bitcoin Trading

When it comes to bitcoin trading sites and services you really need to take a review on the site you want to trade on. Why? Because there are way to many sites, that will either scam you, or close down after a while. For example Mt.Gox, this was a big bitcoin trading site, and just decided to close one day, and they also got problems because of some manipulation on the bitcoins market price. This is why you should always take…

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BITCOIN PRICE EXCEEDS $600, HIGHEST IN ALMOST TWO YEARS

BITCOIN PRICE EXCEEDS $600, HIGHEST IN ALMOST TWO YEARS

Bitcoin reaches a new high of over $600 as trading in China, faced once more by a devaluing yuan, spikes. CoinTelegraph spoke to experts to investigate the reasons for such a price increase and learn their forecast for the future of Bitcoin value. The price of Bitcoin has passed $600. At time of writing, Bitcoin’s price had surpassed $630. This marks the highest the price of Bitcoin has reached in almost two years. The last time the price had reached…

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Bitcoins and Satoshi

Bitcoins and Satoshi

Bitcoin or in short form BTC is a decentralized digital currency that enables instant payments to anyone, anywhere in the world, without any fees. Bitcoin uses peer-to-peer technology to operate without any central authority or bank. The transaction management and money issuance are carried out collectively by the network. A satoshi (sat) is a small fraction of a Bitcoin (Btc). The unit has been named “satoshi” in collective homage to the founder of Bitcoin, Satoshi Nakamoto. Satoshi are to Bitcoin…

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