What is bitcoin?

[MrFuzzy DF Member Posts:141 Threads:38 Reputation -11]

What and the fuck is bitcoin?

[gdinero3 DF Member Posts:14 Threads:0 Reputation 0]

its one of the most oldest cryptocurrencies it just turned out to be the most expensive

[Sinners DF Member Posts:18 Threads:5 Reputation 0]

BTC is a type of crypto-currency that started in july of 2011, and was traded as an online currency by many places, such as large forums looking for donations and other business type places. It started out solving algorithms. The largest trading of these are done in markets like binance and coinbase. It is currently worth 17499.97USD as of the time of this post.

[Lightshade DF Member Posts:5 Threads:0 Reputation 0]

And now Bitcoin is down at 14631.33 US Dollar as of 9:53 PM 12/22/2017, its a very risky currency at the moment.

[theymademelogin DF Member Posts:14 Threads:0 Reputation 0]

BTC is a type of crypto-currency that started in july of 2011, and was traded as an online currency by many places, such as large forums looking for donations and other business type places. It started out solving algorithms. The largest trading of these are done in markets like binance and coinbase. It is currently worth 17499.97USD as of the time of this post.

Nah it never solved algorithms, there's just a tonne of computers hashing transactions (miners) until a  block's hash (a block is pretty much a chosen collection of transactions) meets the difficulty threshold - i.e. its hash is below a certain number.

[SheepHorder DF Member Posts:16 Threads:3 Reputation 0]

Also transaction fee is so fucking huge is not worth anything anymore. Good if you want to invest and keep it there. Not good if you want to buy coffee with it.

[KenKaniff DF Member Posts:14 Threads:0 Reputation 0]

Use Google dude lmao

[vabotv DF Member Posts:18 Threads:1 Reputation 0]

BTC is a type of crypto-currency that started in july of 2011, and was traded as an online currency by many places, such as large forums looking for donations and other business type places. It started out solving algorithms. The largest trading of these are done in markets like binance and coinbase. It is currently worth 17499.97USD as of the time of this post.

[tigerpop DF Member Posts:15 Threads:0 Reputation 0]

not sure if srs..

[mw5ghost DF Member Posts:7 Threads:0 Reputation 0]

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