In this publication, I will tell you about what is Bitcoinhow he appeared that such a bitcoins mining how to get bitcoins, from which the Bitcoin course depends, as well as many other interesting facts About this cryptocurrency.

Another 8 years ago, Bitcoin did not exist. When he just appeared, no one knew anything about him, except for a small group of developers. For several years, Bitcoin scored crazy popularity, and allowed many people to earn a really huge money. But then the Bitcoin rate fell quite strongly.

To date, there is already a huge amount of Internet sites dedicated to Bitcoin, the cryptocurrency exchanges are functioning on which you can buy and sell bitcoins as well as any other exchange asset, exchange services that allow you to exchange bitcoins for any currency or. What is Bitcoin, and with which this is its popularity - about this below.

What is Bitcoin?

Bitcoin is the first and most popular cryptocurrency that does not have unified Center Emissions and allowing you to perform any operation anonymously, without user identification.

The term "bitcoin" is borrowed from English (Bitcoin) and formed by merging two words: bit (minimum unit of computer memory) and Coin (coin).

Like others, the bitcoins are "mined" by mining - the use of computer capacities producing complex computing operations. The only value that bitcoins are supported are also the performance of computing systems. This cryptocurrency has no central controls, they are replaced by cryptography: bitcoins are mined by all those who wanted around the world, and exactly how much the power of their computers allow.

Bitcoin has some similarities with electronic money, but the principles of complete anonymity, the lack of control and limited release distinguishes it from the work of electronic payment systems.

The number of bitcoins issued in circulation may be limited. Now it is planned to "get" only 21 million units of this cryptocurrency, however, this indicators are revised. It is calculated that such a number of bitcoins is planned to be mined until 2033.

1 Bitcoin is divided into fractional parts, the minimum of which is 0.00000001 Bitcoin (one stop-dollar part, a number with 8 decimal places). The minimum unit of Bitcoin is often called Satoshi - in honor of the founder of this cryptocurrency. Thus, 1 Bitcoin \u003d 100 million Satoshi.

In 2011, the American company released cash bitcoins in the form of coins of several denominations and gold-plated ingots that became the subject of collecting and to this day represent a large investment value.

Creator Bitcoin.

The creator of Bitcoin is considered the Japanese programmer Satoshi Dzamoto, who in 2009 first published the principle and proof of the work of this cryptocurrency in his postal distribution. And the first mention of cryptocurrencies as a new alternative settlement system belongs to the Japanese named Wei give and dates back to 1998.

Satoshi Nakamoto - A fairly veiled personality, it is likely that it is even a pseudonym, under which a whole team of developers is hidden. Nobody knows exactly whether the creator of Bitcoin was called Satoshi Dzamoto, whether there is such a person if he really lived in Japan, etc. For example, it is doubt that the entire description of Bitcoin was laid out on clean english languageAnd there was not a word in Japanese.

However, at the end of 2010, the one who called himself Satosha Dzamoto, declared full care from working on the concept of Bitcoin, and then the system continued to develop without his participation.

In fact, it is not so important who is the creator of Bitcoin, since he did not take any managerial functions for organizing the work of this system. Bitcoin code and its software are in open accessAnyone can use them and even make their changes.

Today, the control over Bitcoin does not carry out no one.

Although theoretically, many states and private companies could take control if not mining, then all bitcoins are in circulation, buying released on this moment Coins (their cost is only a few billion dollars). But in fact, it is unlikely that someone will resort to this, because in this case the cost of Bitcoin will greatly fall, and the buyer will be in huge losses.

How does bitcoin work?

The Bitcoin network is based on the so-called "blockchain" (block chain) and is a public register that stores data on all system transactions. All transactions are protected by electronic signatures of users - network participants, mining bitcoins and / or producing any operations.

For simple userwho does not want to delve into the technological processes occurring within the Bitcoin network, this system works similarly to any electronic payment system, eg, . That is, the same electronic wallet in which certain operations can be carried out, the input-conclusion, with the only difference that bitcoins can be obtained not only as payment or by sharing some currency, but also by mining - self-prey.

Bitcoin features.

Initially, Bitcoin was very local cryptocurrency used only by a limited circle of people who stood at the origins of its foundation. But then for several years turned into a gigantic large-scale system covering the whole world.

To date, Bitcoin operations are carried out not only on the set of stock exchanges, exchangers and other resources on the Internet, but also in many offline companies: stores, service centers and even state institutions. For example, in the United States, there are cases of issuance of salary by civil servants in Bitcoins, Bitcoin takes to pay in many restaurants, hotels, stores in a number of countries in the world.

In some Asian countries, bitcoins are actively used as an alternative to bank accounts and plastic cardsSince banking services in these countries is very expensive.

In Russia, Ukraine and other post-Soviet countries, Bitcoin has not yet received wide offline distribution, although in the Internet sphere is used quite actively. Moreover, in Russia, for example, they are planning to prohibit operations with Bitcoin at all, calling it a "monetary surrogate" - there is a corresponding bill that has not yet been adopted. Nevertheless, now in Moscow and St. Petersburg there are several well-known establishments (restaurants, hotels), which are still continuing to accept Bitcoin.

In general, Bitcoin's capabilities are currently expanding and growing.

Where to take bitcoins?

You can get bitcoins in four ways:

1. As payment for any goods or services (for example, you can pay off with bitcoins with you on some, on sites called "Bitcoin cranes", where you can perform certain works for bitcoins).

2. Buy bitcoins in the exchangers cryptocurrency for cash or non-cash money, the means of electronic payment systems (so-called. Input of bitcoins).

3. Buy bitcoins directly from another owner (it is more profitable because it is not necessary to pay the Commission of the exchange office, which may be considerable - up to 5% or more). These owners can be found on the forums and sites dedicated to Bitcoin.

4. Independent prey (mining) of Bitcoins. A special software is installed on the user's computer, which contributes to computing processes. shared network Bitcoin and generates cryptocurrency for its owner.

The popularity of Bitcoin.

The popularity of Bitcoin is due primarily to great opportunities for speculative earnings. However, this particular factor, at the same time, can become destructive for the entire system.

Consider 2 very demonstration examples.

Example 1. A student from Norway in 2009 bought 5,000 bitcoins, spending about $ 27 to surgery. In 2013, he sold this amount by hounding 885 thousand dollars, that is, increasing his capital in 4 years almost 33,000 times (!!!).

Example 2. In 2010, first the purchase of real goods for bitcoins was made. A resident of the United States bought 2 pizza worth $ 50 for 10,000 bitcoins. When in November 2013, Bitcoin's course reached his peak, this man wrote a heart-seeking post in his blog about his cryptocurrency on his blog, could now become the owner of a state of 9 million dollars.

The crazy growth of the Bitcoin course continued at all for a long time - just a couple of months - in October-November 2013. For the previous 4 years, Bitcoin's course rose to about $ 100 (moreover, this growth predominantly fell for 2013), and for these 2 months he took off more than 1100 dollars for Bitcoin (11 times).

The reason for this was the growth of speculative interest in this cryptocurrency: indeed, those who could buy in time and sell Bitcoin on time, could earn a really huge amount of money from small amounts.

However, then the Bitcoin course began to fall smoothly, and today it dropped about $ 250 per bitcoin. But taking into account the fact that the initial cost of Bitcoin was determined by the cost of electricity on his mining, it can be concluded that the rate of Bitcoin is still excessively high.

Other important moment, ensuring the popularity of Bitcoin - this is what Bitcoin is essentially a profitable and honest alternative, which many consider unfair and ineffective.

In fact, Bitcoin gives each wishes to produce money in equal terms with others, not depend on the state and its laws. Of course, such an idea finds support for many, which also ensures the popularity of Bitcoin.

Can Bitcoin depreciate?

Yes, maybe, like any asset, any currency in free circulation. If the demand for Bitcoin will begin to fall, and the proposal to increase, Bitcoin will begin to decline in market law. And may fall even to zero. Of course, this requires some serious fundamental reasons.

It is also important that bitcoins are not supported by some real money and assets, except for computing capacities spent on its production (they are already spent in the past, and there are no more). However, the same to a large extent today can be said about any real currency, because the binding emission of money to the golden stock, the dollar rate or something else has been canceled for about 40 years ago.

The most important reasons for the possible depreciation of the Bitcoina analysts are called the complete absence of its inflation, and the desire to take the turnover cryptocurrency under state control.

Bitcoin today.

Today, Bitcoin continues its development, the number of users of this system is steadily growing. The popularity of Bitcoin also gave rise to the creation of other cryptocurrency, which develop along with Bitcoin, but their popularity and opportunity are much less.

In some countries, including in Russia, with Bitcoin began to fight, explaining this concern about people, warning them from investing money into "monetary surrogates" and their possible loss, if the collapse of Bitcoin comes. However, in fact, such a struggle is most likely caused by the desire to concentrate the functions of the monetary emission, and therefore the power, in the hands of the state and prevent the formation of alternative sources of payment of payment funds, especially non-governmental state regulation.

Nevertheless, it is practically impossible to physically prohibit operations with bitcoins on the Internet. It is possible to limit their exchange for real money, banning the activities of such exchangers, but to prohibit bitcoins, it will be possible to access everyone computer deviceThat is still prohibited by the legislation of most countries as interference in privacy.

You have received some idea of \u200b\u200bwhat Bitcoin is from where it takes, as is used, which is due to its popularity and growth of the course. In further publications, I will also return to this fairly interesting and attention to this. Stay with us and to new meetings!

If you read this article - it's easy to guess that you have given interest in the loudest innovation of the financial world in recent years - cryptocompany, and first of all Bitcoin. Let's deal with what Bitcoin is and why so much conversations about it. Moreover, not only in social networks and forums, but also in central banks, special committees and governments of many countries of the world. Join the community and start using new digital money.

Term "Cryptovaya" - Direct translation of the English "Cryptocurrency", that is, a virtual currency protected by cryptography. First of all, cryptocurrency is a fast and reliable system of payments and remittances, based on the latest technologies and unscakenient to any government.

Bitcoin, Bitcoin, Bitcoin, BTC

Word "Bitcoin" Educated in English from "Bit" - the minimum unit of information and "Coin" - coin. Following the rules of English-Russian transcription, this term needs to be translated into Russian as "Bitcoin". Such writing is used by the official website of Bitcoin.org, Bitcoin Wiki, Wikipedia, Central Bank of the Russian Federation and other resources. Still widespread option " Bitcoin"There was from the first translation of the wallet interface based on direct transliteration.

The most common reduction from Bitcoin - BTC. - Usually applied in stock trade and finance articles. Cyrillic cut, BTKThe community did not fit.

What is Bitcoin? This is the first and most famous of the symbol and flagship of the cryptocurrency world, as well as the monetary unit of the same name, which is drawn inside the system. Further in this article we will tell how the cryptocurrency works, on the example of Bitcoin.

What is the most significant feature Bitcoan from the point of view of the economy? This is a digital product with a limited proposal, its algorithm is designed in such a way that a maximum of 21 million units may exist in the system, each of which is also called "Bitcoin". The emission schedule is defined programmatically and is known in advance. After the latest coins are generated, their number will not change. The bitcoine economy is built on a deflationary model, which causes concerns from many economists. But they do not find a practical justification.

In fact, such a relatively small amount of coins is quite enough for everyday calculations, since 1 Bitcoin is divided into 100,000,000 parts, which are called "Satoshi", in honor of the creator of the system. Sometimes the concepts of "Millibinkin" (MBTC, one thousandth) and "Microbitkin" (UBTC, one million) are used.

Bitcoin emission schedule

Bitcoin began with a concept - a document published on October 31, 2008 by a mysterious person who worked under the pseudonym Satoshi Nakamoto. Who is a real developer, one is a person or group - is still unknown, despite numerous journalistic investigations. From January 3, 2009, the practical implementation of this concept in the program code takes its origin. IN 18:45 Greenwich (22:45 MSK) 03.01.2009 The first block on the network was generated, the so-called genesis unit. This day is considered the birthday of Bitcoin and is celebrated by the community around the world.

What is the difference?

Features Bitcoin, distinguishing it from other types of electronic and paper money:

The complexity of the prey of bitcoin

Cryptocurrency in life

Initially, the Bitcoops were in demand only in the mathematician environment, cryptographs, as well as people, very much passionate about computer and network technologies. Then the Bitcoops served simply proof that electronic money is possible, not haraaled providing. Rather, they can be called an electronic analogue of gold - like gold, bitcoine is difficult to produce, its amount is limited, and the complexity of production over time is only increasing. In the fall of 2009, 1 BTC could already be checked for 0.8 cent. Since then, the history of exchange trading has begun, in which there were a lot of takeoffs and falls, high-profile bankruptcies and successful projects. Bitcoan transactions were first rare and episodic. The first and most famous purchase was held in May 2010 (at that time equivalent $ 25). Since then, the stock exchange rate was raised above $ 1000 and fell back to $ 150, but this is another story ...

At the early stage of the development of bitcoine, its popularity was created by the illegal online market Silk Road. Now Bitcoin does not depend on the same exchange or pool, and with illegal activities in cryptocurrencies, law enforcement officers learned to fight the same way as with other economic crimes.

Today Bitcoin is a modern digital currency that is perfect for calculating the Internet. More and more shops as one of the payment options. Easy and ease of opening an account in Bitcoins attract more people from developing countries to this digital currency. In many countries of Asia and Africa, the Bitcoin network replaces people hard to reach and expensive banking services. In developed countries, the POS terminals were distributed for calculations of bitcoins in stores, ATMs for cryptocurrency, hardware wallets for Bitcoine. There was a real boom of startups that use Bitcoin. It turned out that the blockchain technology is suitable not only for financial calculations, but also for distributed storage of data on various assets. There are already several thousand, created on the basis of bitcoine or from scratch.

A little about politics

The attitude of states to cryptocurrencies is very different. There is as an explicit encouragement - in Japan, Australia, Germany, the Netherlands, New Zealand, Singapore, various offshores, and serious restrictions capable of painting and prohibitive measures are Indonesia, China, Ukraine. Only hot Latin American in Bolivia and Ecuador decided on direct prohibitions.

Many governments chose the observation line with careful optimism are most of the European Union countries, the United Kingdom and Switzerland, the Federal Government of the United States, Canada and the countries of Southeast Asia. In most developed countries, financial legislation is adapted to regulate cryptocurrency, and soon this issue will be resolved.

About cryptocurrencies that can be paid on the Internet, today all network users know, and if you have not managed to learn about cryptocurrency we have. And although at the moment there are already more than a dozen different e-currencies, the express analysis of which you can view the link, still the palm of leadership among virtual money confidently keeps the very first cryptocurrency - bitcoin. In 2009, when Bitcoin appeared, the cost of one virtual coin was 1 $, and now its relevant.

What the bitcoin looks like

Since Bitcoin is a virtual currency, it looks not as familiar paper money and coins, but as an electronic file. Each monetary unit is a numerical function that will satisfy the conditions specified in the original code. Therefore, to understand what Bitcoin is, it is enough to see its code prescribed in the Wallet.dat file.

To understand in detail, what is the essence of Bitcoin's monetary units, you need to understand in the process of hashing and cryptography. But today the beginners do not need to study these complex concepts, since all processes are performed softwareAnd to earn and use bitcoins, so deeply delve into programming not necessarily.

The network users are enough to know that the bitcoin that can be paid on the network is the amount of the source code (hash function) is the so-called bitcoin address or a public key that can be transmitted to another user. This hash-sum is calculated automatically from the source key of the monetary unit, and this process does not work in the opposite direction. Therefore, any participant in the Bitcoin system can enlighte its public keys to all, but until he himself gives them to another user, no one can calculate them sourceSo, gain access to its cyber coins.

Coins Bitcoin.

Despite the fact that Bitcoin is Cybervalutoy, yet at present the mistake will argue that this money is only digital form. The fact is that there are already quite material coins Bitcoin made from metal. These coins are produced by both individuals and firms with their own bitcoin wallets.

The process of release of such coins is made as follows:

1. A coin of original design is cast from any metal
2. On one side of the coin is applied with a nominal - 0.1 BTC, 0.5 BTC, 1 BTC, 10 BTC, etc.
3. Then the unique bitcoin address is generated for each coin, which is applied to it and closes the hologram
4. From above, the hologram is prescribed the first 8 symbols of the public key so that the buyer of the coin can make sure of its authenticity.

Metal Bitcoin coins are simply carriers of unique bitcoin addresses and do not have advantage over Bitcoin in electronic form.

Emissions of new bitcoins

One of the main differences between Bitcoin from other financial systems is decentralization. This means that the system has neither the owner or administrators or centralized management. Bitcoin owners are all participants in the system, and each user of the network theoretically can engage in the emission of this currency.

Emissions, or more precisely, bitcoin mining. In order to generate a new bitcoins block containing 25 coins, a complex calculus is made to search for the source code, which would be suitable for the conditions of the system. If we talk simple wordsIt can be said that the codes of the new Bitcoin are simply selected by the method of intersecting random numbers and comparison them with the original conditions.

Minning Bitcoins on a computer and ASIC: profitability of "farmer" activities in 2017-2018

At the very beginning of the existence of the system, the process, as bitcoins (mining) are created, was quite simple and fast, and even users having a PC average power could produce new blocks. But the more Bitcoin mined, the stronger the search for new source keys is complicated.

To choose a suitable hash function, there are very large computing power today.

Therefore, the people engaged in emissions (mining) Bitcoin equip farms for mining, which use specialized powerful equipment, which is intended for the only purpose - generating new Bitcoin blocks.

How to Main Bitcoins in 2018: in the pool or independently?

Technology Blockchain

The entire Bitcoin system works on blockchain technology. This means that absolutely all transactions performed with each Bitcoin block are recorded in an open database, and each user system can track them. All blocks in the blockchain are interconnected into a continuous chain, and it is impossible to make changes to the base in the database. Database registers are not stored in one place, but on thousands of users of users who are participants in the system. The registry is constantly automatically updated and complemented by the data and on the new produced Bitcoin blocks, and the perfect transactions.

At first glance, such openness and transparency of all transactions gives huge opportunities for fraud, but in fact, everything is exactly the opposite.

Since the database is decentralized and is located immediately on hundreds of thousands of computers to hack it, you need to have access at least half of all PC users of the system, which is not possible in principle. And that is why it is impossible to spend the same bitcoin twice - the transaction record will instantly appear in the registry, and reuse the same Bitcoin address the user can no longer.

Bitcoin cryptocurrency advantages

Bitcoin cryptocurrency popularity is due to the benefits of these cyber money before bank cashless payments. And the most important "pluses" of bitcoins can be called the following:

• Lack of commissions for transaction
• Full anonymity of both sides of the transaction
• A steady and consistently growing course of cybervalutu, due to the fact that the Bitcoin is not tied to the dollar or to euro or any other currency
• Transparency of transaction and the ability to track all translations of each Bitcoin
• Great transaction rate
• No possibility of a payer to withdraw a transaction after confirming the transfer
• Very high system safety and practically complete invulnerability to hacker attacks.

23.08.17 251 950 0

What is bitcoins

And is it possible to earn on them

From the beginning of 2017, Bitcoin rose 4 times.

Money that does not exist are more expensive than oil and gold. I'll tell you how you can earn.

Antonina Asanova

i tried to trade bitcoins on the stock exchange

In May of this year, I tried to trade by Bitcoins. In 2 weeks earned 30%. Then a month lost 15%. While this article will prepare, I can rejected 15% again, and I can lose even more.

Trade in cryptocurrent - the occupation is risky. This is what you should know if you love this risk.

ATTENTION

What is Bitcoin

Bitcoin is digital money. There is no physically this currency, there are only special registries in which accounting is made, how many bitcoins and who translates them. These magazines are called blockchas.

It looks like non-cash payments in banks are arranged: when you pay the card in the store, you also do not convey any physical money or gold to anyone. Just somewhere in the banking registry is prescribed your operation.

Bitcoins differ from the usual currency by the fact that the registers are stored not centrally in banks and payment systems, but simultaneously on all computers that are busy by Bitcoins. Anyone can with all the bitcoins in history.

Registries are protected by cryptography. It is impossible to fake them at the same time. It is impossible to rewrite the data in blocks and declare that someone has millions now. Bitcoin in this sense is quite protected. True, there is already an attack that allows you to pay twice with the same bitkins twice, so it is not possible to say that Bitcoin is absolutely safe.

Where bitcoins come from

The usual currency issues the state. It is very indirectly related to the reserves of gold, but in fact it is not connected with anything - how many state needs, so much it will print.

Bitcoins are not associated with some one state. New Bitcoin units appear in the process of how computers in this payment network serve the needs of the same network.

For example, somewhere in China, a person paid bitcoins for pizza. This operation must be written to the registries on all computers that are connected to the Bitcoinet network. To record an operation in the registry, you need to make it a special signature, like a surge stamp. This signature must be calculated, this is a complex computer task.

Somewhere in Venezuela, there is a computer that serves a bitcoinet network. He just calculated this cryptographic signature. As a sign of gratitude, the owner of this computer receives a remuneration in the form of Bitcoin-penny.

For the Venezuelan, who installed the computer in the Cryptographic Signature Calculation Mode, it looks like this: his computer is rustled there, and the Bitcoin-penny is dripped into account. The computer seems to produce bitcoins, although in fact he just encrypts and sends other people's operations. This is called mining - as if "mining" bitcoins.

In fact, the bitcoins themselves are also mined, but surgum to protect registries. Bitcoins - this is a fee For service.

Mining is a separate big topic. In a nutshell: Equipment is expensive, the efficiency is low, you will have to compete with Megawative Chinese mining clusters, which are built on the basis of power plants. We still write about the mining a separate article.

Why do you need bitcoin

Cryptocurrency allows you to translate money under the pseudonym and without the participation of banks. This is relevant for transactions with people and companies from outside the CIS countries.

Bitcoins can buy a ticket "Airshbaltik", Dell. You can even donate the funds of the Buddhist temple in Seoul.

Where accepts bitcoins for payment - Map from UseBitcoins.info

Bitcoins traded on the stock exchange, money invest in them.

Since 2015, Bitcoin has risen from 200-300 dollars to 4000 and continues to grow. It made cryptocurrencies interesting for investments and speculation.

Interest is heated by success stories. In 2009, the Norwegian student Christopher Koch Naobum bought bitcoins for 24 dollars. He remembered an investment after 4 years, when his condition reached 885 thousand dollars. And I bought an apartment in Oslo on a part of the money invested.

Bitcoin wallets are used for transfers and payment services. They store digital keys required for transactions. If you lose a private key, then the money will disappear forever. They cannot be returned by calling the bank. The bitcoins system does not have a single center, nor the regulator.

Under the pseudonym - it is not anonymous

Bitcoin operations registers contain the entire history of operations for all the time on all wallets. If you bought something bad for bitcoers, and then somehow it became known that this wallet is listed, then the interested person can see all your operations.

For example, if you bought a ticket for bitcoins and indicated when paying your personal data, then interested special services will be able to identify you.

There are, of course, the means of complete anonymization of payments, but they are expensive.

It is legal?

The Central Bank and Rosfinmonitoring warned against the use of bitcoins. At the same time, the State Duma is preparing a bill that legalizes the purchase of cryptocurrency for use abroad and trade in Bitcoins.

While the appeal of bitcoins does not regulate the government, banks and other companies cannot sell them. Cryptovaya exists in the world of dashing nineties. They can be bought from individuals, in Internet exchangers or on trade exchanges.

Important explanation

We provide a basic scheme for the purchase and sale of bitcoins through the exchanger and the stock exchange. All examples in rubles to be clear.

There is no universal way. If you have your Cryptovaya Trade Recipe - come in the comments.

How to buy bitcoin through exchanger

Internet exchangers work on the same principle as street, changing euro and dollars. They buy bitcoins at a price below the stock exchange rate, sell - more expensive. At the difference earn.

Many popular exchangers: bestchange.ru, okchanger.com, localbitcoins.net. They can change rubles to the main cryptocurrencies.

I compared the course on different platforms and chose Lockalbitcoins. Purchase cryptocurrency took 10 minutes. Another 20 minutes of Bitcoins went to my wallet.

How to use. We enter the sum that the bitcoins we want to buy. Choose the lowest course and a suitable payment method. Most often offer the exchange of owners of Sberbank accounts and Kiwi.

If the seller agrees to the transaction, it reserves the desired amount. When you list him rubles, he will send to your bitcoin wallet. Now you can buy something or translate coins to a more secure wallet on a PC or flash drive.

Minuses. The exchange rate in the exchanger is greatly overestimated.

Commission. Lockalbitcoins takes a commission for the output of money 0.00039629 BTC. I invested a thousand rubles, and received bitcoins by 826 rubles. Transactions were absorbed 17.4%.

For large sums of the commission less. Exchanges can be agreed on individual conditions.

Nobody regulates exchanger market on the Internet. No one guarantees the security of transactions. If you doubt - do not translate money or try to exchange a small amount first. Take into account the gigantic commission of exchangers when buying goods or investment in Bitcoins.

How to buy bitcoins through the stock exchange

Exchange is the Internet Playground for Cryptovaya Trade. They meet sellers and buyers of bitcoins. If the sellers are more, the course drops. If more buyers are growing.

To register on a small cryptocurrency exchange, enough addresses email. Large platforms require enter a name, address, date of birth and telephone. The greater the amount that you change, the more personal data will have to reveal.

At the end of July, the largest stock exchange was closed, which worked with rubles, - BTC-E.com. There remained smaller stock: Exmo.me, LiveCoin.net, Cex.io. When choosing, pay attention to two points: Currency sales rate and money input system. Some exchanges accept Yandex-money and Kiwi.

If you need to exchange several thousand dollars, choose a large stock exchange. On small sites may not be enough sellers. The most significant stock exchanges - Bitfinex.com, kraken.com, bittrex.com.

We write not only about digital money, But also about other investment instruments, ways to save on the usual things and accumulate the financial pillow.

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My experience. I approached the ExMo Exco Exchange. I translated rubles to her through Kiwi. Although now this method has already been excluded. The money was going on the stock exchange for almost 2 hours. Translation into Bitcoins Instant.

How to use. First, replenish the bill on the stock exchange. We put rubles to the electronic wallet. On the site of the exchange, click the "Replenish Rubles" button. We choose the payment method, the amount and translate the money.

We bring rubles to the Exmo Examision

Now we buy bitcoins. On the site of the exchange, we choose the currency pair of Bitcoin Rubles. We find the "Purchase, BTC" block and enter the required amount.

Minuses. Exchange sometimes block output of funds for 1-2 days after replenishing the account. Explain these rules of payment systems. Lock information is indicated on the money entry page.

Commission. For the introduction of rubles, exchanges take 4-6%. More exchanges charge a commission from each transaction. As a rule, it is 0.1-0.3%. At the output of bitcoins, the Commission is also 0.001 BTC. As a result, 805 rubles remain out of the thousand.

You can save, if you use a dollar or euro card, as well as register in international payment systems MoneyPolo or Advcash and replenish through them. In this case, the exchange can credit funds at all without commission.

To pick up the most convenient and cheap method of exchanging, you will have to register on several services. Come up in advance where you will record passwords.

Anonymous ways to enter and output money is more expensive than legal and much rislard. Use bitcoins - I don't care what to walk down the street in a mask, but with transparent pockets. The system does not open the owner of the wallet, but all transactions are written in the open block. Sometimes civil service managed to connect Bitcoin wallets with real people On the ip address or shipping addresses.

To achieve anonymity, users translate money several times between new Bitcoin wallets, use the Anonymous Tornet network and Bitcoin mixers - for example coinmixer.se. In the mixer of the transaction of different users, they are crushed and mixed. As a result, there is a secret, who, how much and to whom it translated. The service costs 1-3% of the amount.

On Lockalbitcoins and Forums, you can find a person who will exchange bitcoins for cash. To track them is also almost impossible. However, this method of exchanging is very risky: on the forums you can stumble upon fraudsters and stay without money.

How to sell Bitcoin

Suppose since you bought bitcoins, their course has grown so much that there are all your costs for commissions and translations. It's time to sell bitcoins and pick earned money. In this situation, you can take advantage of exchanger again or withdraw money through the stock exchange.

Experience. I carry out funds from the ExMo Exco Exchange. Of all the output methods, I choose the cheapest - the Capitalist.net service. Translation from the exchange on the card takes less than a minute.

How to use. We register in the "capitalist". In the wallet of the exchange, we choose the output of rubles and enter the account number "Capitalist". Then we translate money to the "visa" or "mastercard" card.

Commission. You can translate bitcoins on the stock exchange without a fee. "Capitalist" takes 2.5% for the transfer card.

Do not translate bitcoins before you will be sent for them rubles. Transaction in Bitcoins can not be canceled.

How to make money on bitcoins

In the network you can find a lot of training videos, blogs and forums, where they promise an income of 20% per month. Total meaning: buy bitcoins at the minimum course with minimal commissions and sell at the maximum rate, but also with minimal commissions.

It seems that the currency is simply trading, but do not risk at once. The Bitcoin course varies very quickly and sharply. To begin with, try trading the amount that is not sorry to lose. When it turns out to earn consistency, you can play large.

Less risks during trend trading. To do this, you need to make money on the stock exchange, wait for the moment when the course fell and only begins to grow. And then buy bitcoins and wait when the course reaches the peak. With such a strategy, it is safe to keep bitcoins on the stock exchange, but to translate them to a separate wallet.

Bidding on the stock exchange is a job. Players follow the exchange rate constantly, are checked with Chinese stock exchanges. In order not to skip the course fluctuations, you can download the Bitcoin ParanoIC app. As soon as Bitcoin starts to fall or grow, the alarm clock will work. Bells can be put on bitcoinwisdom.com.

You can also earn money on ICO, Initial Coin Offering is an analogue of crowdfunding or exit to the stock exchange. You are inserted into a new company, startup, and for it get tokens - like shares. If you are lucky and the company will grow, get income.

At the time of writing this article, the ICO procedure, as well as much more in the area of \u200b\u200bcryptocurrency, is almost no longer regulated and is not protected. Companies can go to ICO without a product and real business, just to collect money from depositors and go to the sunset. Therefore, invest in the company at your own risk.

Still invested in new cryptocurrency. In addition to Bitcoin, there are several hundreds of hundreds. The Monero currency rate over the past year grew 40 times, from 14 to 585 dollars. Etherumer and Dash rose in price by 17 times.

Attachments in ICO and new cryptocurrencies are highly discovered. To appreciate the prospects of the startup, you need to understand the blockchas and business.

Remember

1. Cryptovaya - risky lesson. Bitcoin still did not go beyond the experiment. In Russia, he was not legalized. No your rights are protected here.
2. Take care of the protection of the wallet and securely save the passwords. Lost keys can not be restored.
3. Check out the services commissions before transferring funds. Transactions can eat 10, and 15, and even 20%.
4. Do not translate bitcoins before confirming that you have been transferred to currency for them. Transactions with cryptocurrencies can not be canceled.
5. If you keep money in Bitcoins, follow its course.
6. Start trading from the amount that is not sorry to lose.
7. Professional trading on Bitcoin is a full-fledged job. If someone promises guaranteed earnings without effort, most likely, this someone will work for you.

In the eyelid transaction, the appearance of cryptocurrencies was a breakthrough in the global market. You can use Bitcoin - what it is simple understandable words, experts will easily explain. How to buy it, why do you need such electronic money? Cryptovaya fulfills the role of non-comional, anonymous alternative to official, reinforced currency resources. Buy BTC is possible on specialized stock exchanges, but to spend - not everywhere: due to the anonymity of cryptocurrency, a priori is considered illegal.

What is Bitcoin

Decentralized currency that no bank or exchanger does not control, has always been a nightmare of the global financial system. It is scattered around the globe, it works only online, no one is provided, and each user in the world can affect the course without leaving the computer. At the same time, the computing function of the server is growing, which in the system may look like a continuous operation. Bitcoin is that it is such simple words, you can describe this: Mathematical calculations generate a production process into a small part of the computer code.

Who invented

The first developer of unique complex mathematical cryptocurrency was Satoshi Dunzamo in 2006. Two years later, cryptographic documents were sent to them, in which for the first time in history described what Bitcoin is. Later, in 2009, Satosha Doboto created the first client software, allowing controlling the work of cryptocurrency, the speed of creating blocks. Who invented Bitcoin and his icon is still unknown, because Under the pseudonym Satoshi, a person worked, whose real data remained a mystery.

For what is needed

Bitcoin is that it is such simple words, it is impossible to explain without wondering why it is necessary and how cryptocurrency works. The main plus of the electronic tool for storing money is the absence of a commission or a minor value. Bitcoin needs people who wish to achieve 100% efficiency of their business, exchange coins electronic view Any point in the world. Translations without a fee, complete anonymity, the security of the recipient's money and the sender from the government intervention - here are the advantages and features of the Bitcoin and the use of another cryptocurrency.

Technical characteristics of Bitcoin.

Bitcoin is an information unit, a certain excerpt of a computer code, expressed in mathematical computing of computer capacities. The Bitcoin feature is that it is an independent digital unit, which does not affect other currencies and payment systems, the Bitcoin economy is completely independent. One Bitcoin (1 BTC) has certain specifications:

• formation of the information block: every 10 minutes;
• award for the block: 25 coins;
• number of Bitcoin in the world: 21 million;
• the complexity of the structure varies: through 2016 blocks (2 weeks).

Open initial code

Development and commissioning of cryptocurrency is carried out with an open initial code. This means that most users can make changes to the Bitcoin structure. In addition, open source code allows any user personal computer Start mining, "Major", electronic money. Such an approach to the development of Bitcoin instantly eliminates errors in the system, helps to rapidly develop the network of the exchange and Major Bitcoin.

Technology Blockchain

Block chain containing information and built according to a specific scheme is called blockchain. Such a block chain grows and performs the distribution function, database classification. It is necessary for transactions, exchange operations with cryptocurrency Bitcoin. The formation of blocks occurs at a time of the multiple "miners", after which they go to a special base (blockchain). Blocks contain all information about transactions, cryptocurrency owners. The number of bitcoins does not affect the rate of formation of block branches.

Protection of transactions using electronic signatures

Electronic signature Bitcoin - what is such simple words: a password assigned to a new account. When registering in the Bitcoin network, all users have unique signature keys. Only with their help it is possible to carry out a transaction from your account. In addition, there is the possibility of creating a common account of several people with multi-type. To transfer the currency, it will require the introduction of personal identifiers at least two thirds of the account holders.

Where bitcoins appear from

No reinforced cryptocurrency appears by the efforts of users using it that distinguishes computing power to the processing of all transactions. Mining Bitcoin - What is this simple reasonable words, how does an electronic cryptocurrency appear? Bitcoin has no transaction processing center, so users take on the task of providing computing processes. For the spending of the resource of your computer, they get a strictly defined amount of BTC. Total per day can appear up to 3,600 units of currency.

Who is engaged in emissions

The Bitcoin's emission is clearly limited, it is possible to intervene in this process only by transferring the system of computing power to its computer. People engaged in this are called miners, and for their services they get produced daily in a limited amount of Bitcoin. Such lesson is currently beneficial only to owners of large firms, members of large pools. Smaller farms are already working hard with the tasks provided by the Bitcoin system.

How many bitcoins in the world

Not supported by traditional currency resources capable of self-reproducing through the execution of certain programs on network users computers will instantly depreciate. To prevent this, an artificial restriction is created that does not give the number of Bitcoin in the world to become more than 21 million. All these millions are reliablely secured by computer capacities financial transactions on the network. Currently, 14 million was mined. Due to the constant complication of the mining algorithm, the emission of the last Bitcoin is expected in 2140.

What is provided cryptocurrency Bitcoin

Bitcoin is that it is such simple words, you can describe as a complicated version of the emerging economy of the country with an inheveraged gold mining. Not mined resource is worth nothing but the promises of a person to buy it in the future. The use of cryptocurrencies is built on the same principle: it appears due to the demand, which gives rise to himself. The cost of Bitcoin is determined by the confidence of people to the system, willingness to carry out transactions with its help, which is why the financial pyramid or bubble arises, and this is a negative feature of Bitcoin.

The difference between Bitcoin from cash

Electronic cryptocurrency has a number of striking differences from the usual money and other valuable financial assets. Bitcoin have the following differences:

1. Decentralization. There is no Central Network Control Body, it is distributed to all computers used for computing resources and mining bitcoins. The decentralized system uses a special program code that regulates the operation of the network participants and the emission schedule.
2. Irreversibility of transactions. After the cryptocurrency is translated from one destination to one of the online wallets to another (for example, Webmoney), it is impossible to return it to the initial account.
3. Restriction of emissions. Mathematical algorithms are built so that the generation of coins is closed. The total number of bitcoins will never change.
4. Lack of or low commission when translating. A feature of Bitcoin is the absence of any intermediaries during transaction, thanks to which the commission is not charged. A small percentage of the Commission may be under transactions with bank accounts.
5. Is inflation affect the course. World inflation is isolated from the financial economy, so inflation does not have any impact on the course, unlike conventional currencies.

Electronic money Bitcoin - Benefits and Disadvantages

Like any financial system, bitcoins have their advantages, disadvantages when used, mining, forming a cousa exchange with other monetary currencies. Among the benefits are distinguished:

• simple and understandable use;
• ease of production;
• anonymity;
• decentralization;
• lack of commission.

The following characteristics consider disadvantages:

• transparency;
• irreversibility of transactions.

Simplicity and availability of use

The growth of popularity cryptocurrency is due to the simplicity of using Bitcoin services. Earn bitcoins can any computer owner in several ways. Bitcoin Electronic Currency uses user equipment for special Services For volumetric information processing. Millions of computers registered on the network contribute to the growth of the system performance, while users receive remuneration at a favorable course.

Full anonymity

All systems cryptocurrency are completely anonymous. For transactions, acquisitions and investments, they do not require any passport data from the user, only data is enough electronic wallet. The user can convene an infinite number of addresses and wallets without binding personal data. However, each transaction must be registered under certain number And stored in the database.

Transparency of operations

The information block system retains all the operations carried out by electronic bitcoin accounts. The main disadvantage of transparency of operations -pobility. Anyone can explore all the transactions on a specific account. To ensure complete anonymity, it is necessary even for a single transaction to open a new wallet or an account.

Where to take bitcoins

You can get bitcoins in the property in several ways. However, the process can be associated with some difficulties. For example, exist a large number of fraudulent sites listed fake bitcoins. You can detect a false electronic currency only when you try to spend it.

The methods of obtaining completely free bitcoin practically does not exist. After the rapid growth of the cryptocurrency course occurred, such services for obtaining free electronic coins ceased to exist. To obtain bitcoins, any method requires the costs of certain resources. Basic ways to obtain bitcoins:

1. Cranes. One of the easiest ways to receive Bitcoin. The user must only click on advertising banners and rollers, but the cost of the transition is very small.
2. Mining (Mining). Those who are engaged in mining will use the video card to receive cryptocurrency by using computer computing power. There are many farms on bulk bitcoins.
3. Work paid by Bitcoin. There are special exchanges offering work paid by bicoins. After completing a small task, the employer lists the e-currency on the artist's wallet.
4. Coupon haircut. You can get big profits, giving bitcoins to the debt to other users. However, it should be remembered that transferring the currency to recover back it in the case of fraud is impossible.
5. Purchase cryptocurrency. You can purchase electronic currency for money on bitcoin Exchanges At favorable exchange courses.

What is bitcoin cranes

Any specialized Bitcoin distributors to resource visitors existing mainly through the sale of advertising places on the site are called Bitcoin Cranes. Logging to such resources is free, but requires mandatory registration in a simplified form: Introduction of the email address and purse number. Cranes work as follows: The owner places advertisements, and visitors go to the advertiser's website, click advertising. At the same time, it lists the electronic currency (1 Satoshi - the conditional penny of Bitcoin).

The more transitions on different advertisements - the more "dripping" virtual coins. An additional condition for some resources is the presence of a user on the site for some time (from one to five minutes). In addition, the number of paid transitions to the same site for one user may be limited relative to the time interval (for example, once a hour or day), therefore bitcoins are obtained very slowly.

How Bitcoin works - mining cryptocurrency

The number of bitcoins in the world and daily emission are strictly limited to 21 million, 3,600 units. Maine Bitcoin is that it is such simple words, it is easy to explain. To generate and make calculations for these 3,600 units of cryptocurrency, servers are sent to the computers of users engaged in mining special mathematical tasks, on the solution of which a significant resource of the power of the processor and the video card is spent - this process is the name of the mining.

Bitcoin is charged for solving these tasks, and works with cryptocurrency symbols. What is more in the world, the harder to achieve the task. The difficulty of production is that already now the deduction of mathematical powers of the machine with difficulty cope with the development of Bitcoin, so this method of earnings for the creators is unprofitable.

Online wallet

In order for the user a Bitcoin currency, it is necessary to register a wallet. Main function Electronic Bitcoin Wallet - Store an individual secret key used to access the address on which the cryptocurrency is stored. Transactions are processed only when providing a key. There are wallets for computers and smartphones in the form of an application. Technically, they are the same, they work in one algorithms, but "sharpened" by the owners of the wallets of a certain device with characteristic software.

What can I buy on bitcoins

The use of cryptocurrency in Russia is almost not developed. Bitcoins can be spent or exchanged for some companies (for example, airBaltic), in restaurants and cafes. On the world market for bitcoins sell yachts, cars of some firms (TESLA), real estate. The main problem of purchases for e-currency consists in a small number of trading platforms that take bitcoins and another cryptocurrency. Banks allow exchange electronic currency For dollars, euros or other real currencies. The possibility and conditions of such translation or exchange must be clarified by specific banks.

Abroad is gaining popularity to invest, investment of own funds in cryptocurrency. Due to the fact that the Internet currency Bitcoin is generally not dependent on the global economy, inflation does not affect it, and the means retain their purchasing power without risk of huge losses in the transaction chain. The negative features of Bitcoin is the instability of global cryptocurrency exchange systems, the impossibility of making money transfers in the Bitcoin currency.

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