Cours Du Bitcoin
Cours Du Bitcoin Described
The best way to learn about bitcoin, is to jump in and get a few in your "pocket" to get a feel for how they work. Despite the hype about how difficult and dangerous it can be, getting bitcoins is a lot easier and safer than you might think. In a lot of ways, it is probably easier than opening an account at a traditional bank. And, given what has been happening in the banking system, it is probably safer too. There are a few things to learn: getting and using a software wallet, learning how to send and receive money, learning how to buy bitcoin from a person or an exchange.
Before getting started, you will need to get yourself a wallet. You can do this easily enough by registering with one of the exchanges which will host wallet for you. And, although I think you are going to want to have one or more exchange wallets eventually, you should start with one on your own computer both to get a better feel for bitcoin and because the exchanges are still experimental themselves. When we get to that stage of the discussion, I will be advising that you get in the habit of moving your money and coins off the exchanges or diversifying across exchanges to keep your money safe. cours bitcoin offers excellent info on this.
What is a wallet?
It is a way to store your bitcoins. Specifically, it is software that has been designed to store bitcoin. It can be run on your desktop computer, laptop, mobile device (except, as yet, Apple) and can also be made to store bitcoins on things like thumb drives. If you are concerned about being hacked, then that is a good option. Even the Winklevoss* twins, who have millions invested in bitcoin, put their investment on hard drives which they then put into a safety deposit box.
*The Winklevoss twins are the ones who originally had the idea for a social networking site that became Facebook. They hired Mark Zuckerberg who took their idea as his own and became immensely rich. What do you need to know about having a bitcoin wallet on your computer?
Below you can download the original bitcoin wallet, or client, in Windows or Mac format. These are not just wallets, but are in fact part of the bitcoin network. They will receive, store, and send your bitcoins. You can create one or more addresses with a click (an address is a number that looks like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will see a field where you can copy and paste a number like this from a person you want to send money to and off it will go directly into that person's wallet. You can even create a QR code which will let someone take a picture with an app on their phone and send you some bitcoin. It is perfectly safe to give these out - the address and QR code are both for my donations page. Feel free to donate!
NOTE: This type of wallet acts both as a wallet for you and as part of the bitcoin system. The reason bitcoin works is that every transaction is broadcast and recorded as a number across the entire system (meaning that every transaction is confirmed and made irreversible by the network itself). Any computer with the right software can be part of that system, checking and supporting the network. This wallet serves as your personal wallet and also as a support for that system. Therefore, be aware that it will take up 8-9 gigabytes of your computer's memory. After you install the wallet, it will take as much as a day for the wallet to sync with the network. This is normal, does not harm your computer, and makes the system as a whole more secure, so it's a good idea.
Bitcoin is a big deal right now, but not everyone understands why. More importantly, not everyone understands whether or not Bitcoin is for them, and how they can get involved. Here are some of the most compelling reasons why you should use Bitcoin.
More secure than banks
The Bitcoin algorithm is as close to bulletproof as a computer program can get. Some of the best hackers and online security experts have taken a crack at it, and so far no one can find any weaknesses. The Bitcoin code has been described as masterfully written, the digital equivalent to Shakespeare.
Banking transactions, meanwhile, are under a lower level of security than Bitcoin. In many ways, Bitcoin has had to be more secure than the banks. After all, the banks have been around for centuries, and people understand how it works. But Bitcoin is the new, young upstart, and needs to prove itself.
That makes Bitcoin a target for those who would like to see it fail. But Bitcoin's inventor Satoshi Nakamoto kept this in mind while writing the Bitcoin algorithm. Go ahead, give it a shot. I don't think you'll be able to crack it.
Lower service fees than banks
Banking institutions charge high rates per transaction. The system is set up in a way that individual transactions between two people are impossible; they require a "trusted" third party to facilitate the transaction. And, naturally, the banks get to take a service fee for facilitating these transactions.
You can use escrow services with Bitcoin which take a service fee, but you don't have to. Because Bitcoin is based on P2P transactions, there are no service fees. Naturally, the banks aren't a big fan of Bitcoin because of this.
Low risk of inflation
The number of Bitcoins being created is set at a predetermined rate. What that means is there is no possibility of any government printing off more money to pay off their debts.
Whereas real world currencies lose a small percent of their worth every year, the price of Bitcoin seems to be getting steadily higher.
Low risk of collapse
When your currency is attached to a government, it depends on the stability of that government. You and I both know governments can fall, and when they do the currency they printed can sometimes become worthless. Take a look at the bills in your wallet. You worked hard for them. Can you imagine them one day becoming worth less than the paper they were printed on?
Because Bitcoin isn't attached to any government or central authority, it doesn't depend on any outside circumstances for its value. So long as the internet exists, Bitcoin will continue to exist and be valuable.
One of Bitcoin's best benefits is the fact that 3rd party disruptions are eliminated by it. Which means that authorities, freeze a Bitcoin consideration or banks along with other fiscal intermediaries don't have any expert whatsoever to interrupt person dealings. Bitcoin relies purely on the peer-to-peer program as previously mentioned before. Thus, Bitcoin's customers appreciate higher freedom when creating purchases than they are doing when utilizing traditional national values.Electronic values like the Bitcoin are not relatively old and also havenot yet been subjected to assessments that are main. Consequently, several believe there are specific dangers active in Bitcoin's usage. Regardless of Bitcoin's possible drawbacks, it is apparent that its merits are powerful enough to create it the best competitor to challenge traditional values within the future that is not too..
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