What is Bitcoin?
Bitcoin is a new digital currency created in 2009 by an unknown person or group of persons known by the pseudonym like Satoshi Nakamoto, whose identity remains a secret.
Bitcoin was created with the goal to revolutionize the traditional financial system, using peer-to-peer technology and hardcore math. Considering the currency from the point of view of the average user, bitcoin is largely similar to cash for transactions on the Internet. The system is peer-to-peer, and all transactions occur directly between users, without middlemen. These transactions are verified by network nodes and recorded in a public distributed Ledger called the block chain.Because the system operates without a Central node or one administrator, bitcoin is the first decentralized digital currency. Steps for a transaction of this cryptocurrency any state authorities including banks not controlled. So, one of the most important things which we should remember when we start thinking about what bitcoin is, in a word, the answer is not to pass. Bitcoin is a platform that hosts digital book where people can produce, store and sell bitcoins, a digital form of currency obtained by using a computer algorithm and is not tied to any Central authority. Bitcoins are electronic currency, otherwise known as “cryptocurrency”. Bitcoin is a form of digital public money created by painstaking mathematical computations, and controlled by millions of users computers, called “miners”. Bitcoin is, in essence, electricity converted into long strings of code that have monetary value.
Bitcoin is a virtual coin allows you to carry out various kinds of transactions in the network of Internet is the purchase of goods and payment for various services, all the transaction made by the transfer of crypto — coins from your wallet to the wallet of the seller. Data crypto — coins can also be postponed until better times, because the value of bitcoin is growing annually in value. Bitcoins are comparable with real gold coins: they possess the same value as real gold bars. Wallet, where are our coins is a small personal database that is stored on a personal computer, on your smartphone, on your tablet, or somewhere in the cloud.
The value of bitcoin changes daily; these values it is possible to track in such places as the blockchain, Coindesk. There are more than two billion dollars of bitcoins. Bitcoins will stop being generated when the total number reaches 21 billion coins that is expected to be around 2040. As of 2017, was created more than half of these bitcoins. Crypto — currency bitcoin is not regulated by anyone and is completely decentralized. No national Bank or national mint, and no insurance coverage of depositors.The currency is Autonomous and not collateral, which means that bitcoin is not fixed precious metals. Bitcoins are managed by “miners”, a huge network of people who bring their personal computers in the Bitcoin network. The miners take on the role of rousinov and auditors for the transactions of bitcoin.
How to open a Bitcoin wallet?
The creation of a cryptocurrency wallet procedure is quite simple, after you create it, you will immediately be able to accept and send payments. To open a Bitcoin wallet go to most popular website purse Blockchain.info and click on the button Create your wallet. After this form opens with fields for entering registration information.
Enter your E-mail, new password, podtverjdat password. To e-mail you will receive an email with a link to confirm your mailing address and your identifier will be required to log into your new Bitcoin wallet. So fill in the e-mail is important.
You must create a very strong password, preferably at least 8 characters. After that, be sure to save and write down your password and ID in multiple places for reliability. As a forgotten password cannot be restored. In your wallet you will see your unique bitcoin address.
The exchange of bitcoins for rubles or any other currency and Vice versa buying bitcoins
If you have no coins of bitcoin or other cryptocurrencies, to buy these coins you will be able through the most popular, convenient, intuitive stock exchange cryptocurrency Exmo.me .Cryptocurrency exchange EXMO is today one of the largest Russian stock exchanges to exchange and trade cryptocurrencies, one of the TOP 10 global exchanges in terms of trading. EXMO continues 2013 and provides quality service to users. Exchanger EXMO helping to buy or sell bitcoin with a guarantee of receipt of funds. All operations are performed in semi-automatic mode, quickly and reliably. The exchanger ensures the safety of all your data at all exchanges.EXMO allows the exchanger to exchange your Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, such currencies as American dollar, Euro, Ruble, Hryvnia. After the procedure of verification, you can withdraw currency that is available on Payeer, Money Polo, Qiwi, Yandex Money, Okpay, Webmoney, AdvCash, MTS, Beeline, MegaFon, Bank card Visa/Mastercard or Bank account. In this system, some of the lowest transaction fees.Only use trusted and reliable exchangers, such in the online market exchange of cryptocurrencies is very small, the exchanger EXMO is one of the top exchanges in the cryptocurrency market.
Online bitcoin casinos
Daily game for bitcoins in the online casino becoming more and more popular. In the current year 2017 nearly all online bitcoin casino offering instant deposits and withdrawals. Every minute in the list of the bitcoin casino hosts more than 10,000 bets, that makes them stand out among many and makes them very reliable. Many players sometimes the question arises, what is licensed online bitcoin casino differs from the usual license of the online casino?
First, the bitcoin casino is well known for its instant payouts. Few players know about this fact, but bitcoin casino pays out much faster than a casino on a normal platform because of the fact that Bitcoin transactions are instant.
Secondly, bitcoin casinos offer a high level of anonymity. If you prefer not to provide information about yourself, including the most casino, it is about who you are, a bitcoin casino, this is the place. Most casinos do not even require that your email address has been specified when registering the account, while remaining 100% anonymous!
What is the difference between such symbols as BTC, mBTC, and uBTC?
BTC is a common abbreviation for currency of bitcoin. A thousandth of a BTC is called Milli Bitcoins and denoted as mBTC (millimetron), and a millionth of BTC is called a micro-bitcoin and written as uBTC (microbutton). It is very important to note, because bitcoin casinos thousandth mBTC is a very popular unit for betting on the game. There are other common unit of Bitcoin used in the field of encrypted currencies such as the dBTC, which is a tenth of BTC and cBTC (centibitcoin), which is a hundredth part of the bitcoins.
1 BTC = 1 bitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millimicron
0.000 001 BTC = 1 µbtc = 1 microbikini
0.000 000 01 BTC = 1 Satoshi = 1 sa-Shi
In this section, presents a list of only trusted online bitcoin casino, which are regularly monitored and reviewed by the special organizations and they all have licenses. And you don’t have to worry about the reliability of the presented casino. Play only in trusted, licensed online bitcoin casino.