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This Bitcoin basics video series will explain Bitcoin for beginners. You'll learn how Bitcoin works, and how to make money with Bitcoin. Many people are looking to mine bitcoin or trading bitcoin for profits. As a professional trader, my goal is to help you learn how to understand the opportunities and risks with the crypto-currency markets.
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Dude, you have an excellent introduction to bitcoin and I'm very interested in bitcoin and I'm try to learn everything I can before purchasing some bitcoin's so I will follow everything you post and if I have questions can I please reach out to you?
Hello Miles, well i can assist you to trade and earn some really good profits daily. I trade with an amazing strategy that ensures i make good profits. I can send you my strategy if you're interested kindly email me: [email protected]
Bitcoint is swindel of the banks. If you transfer your money from one bank to another then your money will be transferred with a car from one bank to another. If you buy bitcoint your money remains in the bank. :)
These are the BEST and most understandable videos I have ever found! The analytical way you have compartmentalized each subject is great for beginners. I have gotten very frustrated listening to a lot of videos that really don't explain anything. Absolutely the the most informative videos as far as I'm concerned!!
In 3 years from now, the entire world will be saying, “remember all that crypto-currency scam, bubble nonsense? How was I so gullible?”
People complain about criminal banksters running the baseless fiat monetary system. But at least the criminals have the laws and regulations, and a tax system, and a banking system on their side, and if all else fails, the fiat system is enforced by weapons.
Whereas, crypto currency is backed by the slippery foundation of the GULLIBLE FOOL THEORY. What a fraud.
Hi Solowsh, there are a few ways to set up a wallet, some are safe and some are not as safe. Creating a wallet on a website is the least safe option because you're accessing everything online and someone could intercept your connection when you sign into the website. Also, someone could hack the centralized website and steal everyone's coins. Next, you have wallet applications which you can download in your Apple or Google store. They don't (shouldn't) ask for personal information, all they ask for is a password and they give you 12 words to remember. Then you can see your coins on your phone app, and if something happens to your phone you can get a new phone, download the app and use your 12 word password to access your coins again. Thirdly, there's a cold storage wallet that you can buy called a Ledger Nano or a KeepKey. You create a wallet in the same way without giving any personal info, then you can the little device in a safe place in your home. It connects to any computer with a cord and completely disconnects when you're done. This is the safest way to store your coins since no one can access your wallet while you're not plugged into the computer and while your certainly not on the internet. Hope that helps! Chris Bell
Hi Sam, If you have $1,000 USD and use it to buy BTC, then your BTC grows in value, then you sell it for a total of $1,500 USD, it shows that you've profited. Your $500 USD profit is subject to tax from the IRS. However, if you buy BTC with $1,000 and it grows 10X to $10,000 but you never sell it back to USD, then you never have to pay tax on it. It's like watching the value of your home increase in which you won't pay tax on the profit until you sell. So, never sell and never pay taxes!
PS - Please get to grips, which takes hard work, with your chosen regulated Exchange's 'Education Systems', using 'demos' with your chosen Exchange mentor, before driving onto the live trading platform highway without the right driving tools and knowledge. That's like driving a car with no controls, right?
Hi - I have just done a thorough search, like I am sure a great deal of people have, of all of the 'suggested' Exchanges 'Chris Dunn' mentions on Wiki that you can track with the websites he provides. Lol, they have all been hacked and still owe customers money, are hiding it (more than likely) , have "lost customer funds" (ha, ha) and or, are not coming forth when approached and the etcs, if not diving, or have already dived, into liquidation. Seriously, admit that unless a regulated system is in place - NOW - the only ones benefiting are who? You decide...LOL x. LostCoin might be a better title for this alleged area for potential gain.
I've come across a lot of negative press which misled a lot. to be sincere I invest purely on fundamentals and having a proper risk management system in place, as the entry point is key. my investment has grown consistently using a strategy that was developed by Headwayanalysis putting together experience and knowledge obtained from years of trading. I'm currently Using H.W.A PHOENIX CLOUD which has risk reduction.
I have a question. I am a beginner now I didn't know much about bitcoin as a result now my account in bitcoin become negative in balance. Will I be able to recover from the negative balance? Can someone give me advice......
SCAM = vague, unknown, more questions than answers, mystery, no guarrentee insurance or protection.
Life is too short to gamble on a total unknown. As an American you guys should be glad that the $$DOLLAR$$ is the all mighty reserve currency and thank the USA gov for it. Don't be ungreatful dogs and talk down dollar. If you are so worried of currencies, just invest in real tangiable assets (house, business, properties) that creates income. No matter the unites of currencies, gold, bitcoin #@#, your assets' values will be in demand that will create INCOME, be it whatever units of currencies (income is the real undenialbe value of the time). And DON'T over think, too much thinking of problems, dooms day is a desease. Think positive, think good, and good happens. Class is dismissed, lol : )
The video seems to be informative with nice idea ,but i have tried so many mining systerm ,even with the video i doesn't make any amount of Bitcoin rather i keep on loosing ,but you can give a try to Mr johns systerm to see how profitable it working for me now .you can contact him ([email protected])
Hi, Chris Just started watching some of your videos on youtube that you published in December 2013 which were great and easy to follow what you were talking about. What I would like to know have you're published any recent videos about Bitcoin as the market trade of Bitcoin has changed a lot since 2013 with the introduction of Auto Trading Software. I am trying to find out a bit more about Bitcoin trade so I don't make the same mistake I previously made with trading Stocks with fly by night stockbrokers that have vanished. Any help would be appreciated, Cheers Sean
Really appreciating the more advanced information you've all been providing recently.The only ICO I am keeping an eye on is SciDex. They are creating a new marketspace for scientific data. As an engineer I totally support and want them to succeed!
Hello Cassidra Cheek, not at all this is one of the best times to invest big and make some life changing profits daily. For more info on how to invest and make some amazing profits daily email me: [email protected]
Hi Chris, I`m new to Cryptocurrencies. Recently I came across RAINBOW Currency. They have this SAFEZONE and BLOCKCHAIN. Is this another Cryptocurrency following in the footsteps of Bitcoin? Looking forward to your comments.I appreciate your videos and your professionalism.
Essentially, here is a scam and no one knows who started it. That is brilliant. How does he know that there is no central location governed by any country? Every person controls bitcoin? That right there tells you it is bull. If everyone controls bitcoin, any one person could instantly shut it down if they control it, right? I am done; this has scam written all over it. Scams do make people at the top tons of money; good luck.
Though very encompassing, your lectures are so detailed. Oh My God, I have a lot more to gain From you PLEASE REMAIN MY MENTOR. I am heading a team of potential BITCOIN traders and with you we all ca be much more fruitful. Thanks
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To be a true independent currency, doesn't Bitcoin need to be untethered from the Dollar? Right now people are using Bitcoin to earn more dollars. To be a currency, shouldn't I be using Bitcoin to earn more Bitcoin only?
Besides my question below let me add that no one figures in the A.I. element to BitCoin .Let me elaborate with some well known facts.
The World Bank and the Federal Reserve would love to see the elimination of physical cash.
Next we have BitCoin created out of thin air by the mysterious Satoshi Nakamoto.
Bitcoin is hack proof.......well not exactly, so while Bitcoin grows so does the technology of known A.I. development grows also. Note keyword" known". A A.I. could hack Bitcoin, and a A.I. could have created Bitcoin. A Central Bank controlled A.I. could have created Bitcoin in an effort to rid the world of hard cash, something banks and government taxing agencies would love. Hell a A.I. most likely controls the Central Bank and all your conspiracy organizations that you can conjure.
Now that being said I move very cautiously with Bitcoin investment, I for one do not want to see the removal of hard cash it would be the end of my business and many small businesses like mine. I do think Bitcoin is here to stay but would advise all to do thorough research and don't invest more money than you can throw away, in other words if you can't afford to lose a $1000 dollars than don't invest until you can.
You absolutely have a valid point. It's all maintained by computers and technology is moving so fast it's hard to keep up. Right now computers are smarter than humans could ever hope to be. As it is right now the US could not even function without them. That kind of scary.
I love you. I played a mmorpg when I was a teenager where I absolutely feel in love with what was referred to as "merchanting". I was able to become one of the most richest and powerful person in the game quickly due to these same exact simple tactics. No body could understand how I could become rich so fast which boggled my mind because all I would is would watch the market group people into categories (like rich poor average) then do the opposite of what everyone else did. I loved studying the people and trying to predict what they would do in the near future. Then doing it while they are doing something else. So then I can sell those items once they inflate. Eventually I got so rich I could completely inflate or deflate the market haha. I loved it. I finally found my purpose in life and what I want to do.
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.