<<…..ASSALAM O ALIKOM…..>>
In this topic I will discuss you what is bitcoin and how to get bitcoin so please be carefully read this topic let started.
What is a Bitcoin and how does it work?
A transaction is a transfer of value between Bitcoin a
pocket-size case for holding papers and paper money that
gets included in the block chain. Bitcoin pocket-size keep a
secret piece of data called a private key or seed, which is used to sign
transactions, providing a mathematical proof that they have come from the owner
of the wallet.
How do you get a Bitcoin?
First, get yourself a bitcoins wallet.
Next, you will need a place to store your new bitcoins. In
the bitcoins world,
they're called a 'wallet' but it might be best to think of them as a kind of
bank account. Bitcoin Depending on the security levels you want,
different packet-size will provide different levels of security.
Are Bitcoins legal?
It is legal to use bitcoin in
the United States, and payments are the
subject matter to the same taxes and reporting the bitcoin
requirements as any other currency. There is no physical bitcoin for touch bitcoin currency the way there is a dollar,
euro or pound.
What is the One bitcoine price in some country?
856,922.82 Pakistani Rupee.
504083.64 Indian Rupee.
6299.52 Euro.
10205.61 Brunei Dollar.
60756.89 Hong Kong Dollar.
825151.32 Japanese Yen.
. 30425.10 Malaysian Ringgit.
What type of currency is Bitcoin?
Bitcoin is a digital a
useful or valuable quality designed by its inventor, Satoshi Nakamoto, to
work as a currency. It is commonly referred to with terms like digital
currency, digital cash, virtual currency, electronic currency, or
crypto currency.
How do I make money with Bitcoin?
No one made money creating the program; it's
free and open source! However, there are people who make money by
"laborer who works in a mine ".
From the bitcoin wikipedia page:Bitcoins are
awarded to Bitcoin "laborer
who works in a mine " for the solution to a difficult
proof-of-work problem which confirms transactions and prevents double-spending.
How do you sell Bitcoins for cash?
Services like Local Bitcoins and BitQuick can help you
accept cash payments for bitcoin online. You
create a sell order on one of the sites. Once a buyer accepts
your offer, they are given your bank account details. Buyers then make a cashdeposit
to your bank account
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