Bitcoin Digital Currency Explained

bitcoin-beginnerDid you know that the Bitcoin currency  gained 1,000% in value earlier this year? What is it that makes this virtual currency so  special? Should you join this increasingly popular payment system?

What’s a Bitcoin?

The idea for Bitcoin currency came from a developer named Satoshi Nakamoto. The real-world identity of Satoshi is still unknown. One has to admire that one individual created an unheard of digital currency out of nothing but the execution of CPU cycles. A process that to date has been without fault and will continue to build more Bitcoins as time goes by.

When people say “Bitcoin” they are referring to one of two things:

  1. A digital currency
  2. A payment system used for sending and receiving money online.

As a digital currency, Bitcoins have to be created by some means. Bitcoin Mining is the method of creating Bitcoins by solving complex mathematical puzzles (using a computer of course) and then storing the digital Bitcoin into a digital wallet.

Bitcoin Beginner: A Step By Step Guide To Buying, Selling And Investing In Bitcoins

[asa gw_medium_image]B00DKLZLB4[/asa] A low cost way to understand the Bitcoin universe is this Step-by-Step guide by Author Sam Patterson – Bitcoin Beginner: A Step By Step Guide To Buying, Selling And Investing In Bitcoins.

This book for Bitcoin beginners, like you, takes you by the hand, answering questions about the history behind the Bitcoin revolution; how the Bitcoin system works – no overly technical language here and which online and offline markets to buy Bitcoins at. It also covers:

  • Surprising ways to get free Bitcoin exposed
  • How to earn in Bitcoin
  • The safest online wallet providers
  • How you can maximize security
  • How to get safely paid in Bitcoins
  • Where you can pay with your Bitcoins
  • What the future holds for Bitcoin – a must read!
  • How to stay on top of the latest Bitcoin developments

Bitcoin: Currency of the future?

Don’t worry about intimidating terms like blockchain, wallet, private key, or mining. You will learn about them step by step in the only Bitcoin guide you will ever need.

This guide explains exactly what Bitcoin is, how it works and how you can obtain Bitcoin, store them safely, spend them, and even create them yourself.

I found Bitcoin very complicated and wanted to know more about this topic. That’s why I bought this book. In this guide the author gives you everything you need to know in order to understand the system and get started, the advantages & disadvantages of digital money, the history & the future of Bitcoin, etc., etc.

All you need to know about Bitcoin

For “dummies”, like Sam Patterson himself once was, a subject needs to be broken down into bite-sized chunks. After years of experimenting extensively with Bitcoin, Patterson brings you a no-fluff, step-by-step Bitcoin guide that will get you started in the new economy. [asa gw_more]B00DKLZLB4[/asa]

Bitcoin Made Easy

[asa gw_medium_image]1484094190[/asa] This book will teach you the ins and outs of Bitcoin. It will introduce you to the concept, explain step by step how to get set up, and go in depth into the different services and issues that come with buying and selling Bitcoin!



This book covers Bitcoin Basics; Sending Payments; Creation of Bitcoins and using Bitcoin Myths. It also covers:

  • Downloading a Wallet
  • Securing Your Wallet
  • Bitcoin Clients & Software
  • Mining Bitcoin Exchanges
  • Where to Use Bitcoins.

If you are having trouble getting into trading Bitcoin or just don’t yet get the concept this book definitely helps out. I had tried to sign up and go through the process of learning online but purchasing the book made it much easier. The explanations were clear and to the point and made for a pleasant read. Definitely recommend for all the new Bitcoin fans! [asa gw_more]1484094190[/asa]

Bitcoin Exposed: Today’s Complete Guide to Tomorrow’s Currency

[asa gw_medium_image]1489598669[/asa] Bitcoin has been brooding within the tech community over the last few years. However, within the past few months, Bitcoin has exploded into the mainstream and is being covered in every notable new source with commentary almost everyday.

Everyone’s Been Asking – What is Bitcoin?

Learn the Ins and Outs of Bitcoin – the elusive new currency, including Bitcoin Mining, how to buy, sell and invest, and how you can achieve long term profits!

What is this mysterious currency?

Most people (even those doing the reporting) understand very little about this internet phenomenon. Bitcoin is a decentralized “crypto-currency” that puts the power in the hands of the people and takes it away from the banks and government.

Learn the ins and outs of Bitcoin. This book, Bitcoin Exposed, will teach you how to quickly get set-up with a Bitcoin account and reap all the rewards of this online currency.

Bitcoin Exposed will teach you how to:

  • Quickly get set-up with a Bitcoin wallet
  • Buy goods over the internet with the click of a mouse
  • Transfer money to friends
  • Make completely anonymous transactions
  • Bitcoin Mining and how to become a “Bitcoin Miner”
  • Profit with Bitcoins and investing secrets

Note from Authors – Mark Solomon & Daniel Forrester

“Bitcoin is not just a way for hackers to buy obscure products on the internet. It has evolved into a robust, versatile online currency that anyone can use to buy products, trade, or increase their business’s sales potential. Reap the benefits of becoming an expert on this new currency with this new tell-all book”

Our BONUS Insight: An in-depth analysis of the current problems and potential pitfalls of Bitcoin, as well as the exponential profits early investors may reap from acquiring Bitcoins now. [asa gw_more]1489598669[/asa]

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