What is a BitCoin?
So there is a boom in the market and the reason behind the boom is BITCOIN, so for some of you, this may sound a strange or new word but believe me this strange word is the future of currencies and many things, so here we begin
WHAT IS A BITCOIN:-
Bitcoin is a sort of online currency and no country owns it that means it's totally decentralized no single institution controls it so it is very very famous in anarchists. but more likely I would say bitcoin is cryptocurrency in technological manners. (I will write a post about cryptocurrency later )
or in some more satisfactioning words, you can read this from bitcoin.com itself
SO WHO CREATED THIS:-
Bitcoin was introduced on 31 October 2008 to a cryptography mailing list and released as open-source software in 2009.There have been various claims but rumors say it's Satoshi Nakamoto a Japanese programmer.(they never leave a chance to amaze the world with their skills).
but I can't find if this man is real or not
WHAT YOU CAN DO WITH IT:-
since it has the capability to amaze everyone by its raising price many international companies like ford and Microsoft started accepting bitcoins as payments. via bitcoins, you can buy physical goods, gift cards, even traveling packages also.
check this list:-
BUT DO YOU HAVE BITCOINS??:-
So here a question arises how I can earn bitcoins and use them if it is digital then how I am supposed to keep it???
but don't worry keep reading and you will get your answers :-)
1. How can I earn BITCOINS ??
SO there are few ways to earn Bitcoins legally (i am not gonna tell you about illegal ways:-D)
1. MINING :-
yes, you can mine bitcoin as gold but not in mountains. bitcoin mining is a procedure of solving large mathematical calculations. and as other minirals, it has a certain amount that anyone can mine.
2.BUY/TRADE:-
If you can't mine it buy it there are many companies and wallets offering to convert your paper currency to bitcoin. but beware of scammers there are many , Here I am giving you some links of bitcoin wallets where you can buy and keep your bitcoins safely.
1.Coinbase
Coinbase is a web wallet service that aims to be easy to use. It also provides an Android web wallet app, merchant tools and integration with US bank accounts to buy and sell bitcoins.
https://coinbase.com/
2.XAPO
Xapo combines the convenience of an everyday Bitcoin wallet with the security of an insured deep cold storage vault. Xapo Debit Card links to your Xapo Wallet and allows you to spend bitcoins at millions of merchants all around the world
https://xapo.com/
3.BitGo
BitGo is a high-security multi-sig wallet, which protects your bitcoin from theft and loss. You maintain full custody; BitGo cannot spend or freeze funds. BitGo wallets are easy to use and offer advanced security features such as spending limits and multi-user access.
https://www.bitgo.com/
this were some popular bitcoin wallets.
but you can earn bitcoin via many online money making websites also i will post a artical about it so keep reading keep visiting :-)
WHAT IS A BITCOIN:-
Bitcoin is a sort of online currency and no country owns it that means it's totally decentralized no single institution controls it so it is very very famous in anarchists. but more likely I would say bitcoin is cryptocurrency in technological manners. (I will write a post about cryptocurrency later )
or in some more satisfactioning words, you can read this from bitcoin.com itself
"Bitcoin is different than any currency you’ve used before, so it's very important to understand some key points. Unlike government-issued money, that can be inflated at will, the supply of bitcoin is mathematically limited to twenty-one million bitcoins, and that can never be changed.Bitcoins are impossible to counterfeit or inflate. You can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to block, and bitcoin wallets can’t be frozen. Short of turning off the entire world's internet, and keeping it turned off, the Bitcoin network is unstoppable and uncensorable.
While Bitcoin brings unparalleled freedom, it also requires increased user responsibility, but the rewards are well worth your time. Read on to learn how to save 20% on everything from Amazon thanks to Bitcoin. Or you can direct questions to lots of other Bitcoin users in our Bitcoin forum."
SO WHO CREATED THIS:-
No one knows who the hell satoshi Nakamoto is you can check this link they are more professional on this Click here....................... |
but I can't find if this man is real or not
Nakamoto worked with people on the open-source team but took care never to reveal anything personal about himself.
WHAT YOU CAN DO WITH IT:-
since it has the capability to amaze everyone by its raising price many international companies like ford and Microsoft started accepting bitcoins as payments. via bitcoins, you can buy physical goods, gift cards, even traveling packages also.
check this list:-
List of Companies Who Accepts Bitcoins as Payment!
Many companies are accepting bitcoins, many are not. Here is a list of the biggest (and smaller) names who accepts bitcoins as a currency.
- WordPress.com – An online company that allows user to create free blogs
- Overstock.com – A company that sells big ticket items at lower prices due to overstocking
- Subway – Eat fresh
- Microsoft – Users can buy content with Bitcoin on Xbox and Windows store
- Reddit – You can buy premium features there with bitcoins
- Virgin Galactic – Richard Branson company that includes Virgin Mobile and Virgin Airline
- OkCupid – Online dating site
- Tigerdirect – Major electronic online retailer
- Namecheap – Domain name registrar
- CheapAir.com – Travel booking site for airline tickets, car rentals, hotels
- Expedia.com – Online travel booking agency
- Gyft – Buy gift cards using Bitcoin
- Newegg.com – Online electronics retailer now uses bitpay to accept bitcoin as payment
- 1-800-FLOWERS.COM – United States-based online floral and gift retailer and distributor
- Dell – American privately owned multinational computer technology company
- Wikipedia – The Free Encyclopedia with 4 570 000+ article
- Steam – Desktop gaming platform
- The Internet Archive – web documentation company
- Bitcoin.Travel – a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world
- Pembury Tavern – A pub in London, England
- Old Fitzroy – A pub in Sydney, Australia
- The Pink Cow – A diner in Tokyo, Japan
- The Pirate Bay – BitTorrent directories
- Zynga – Mobile gaming
- Tesla – The car company
- 4Chan.org – For premium services
- EZTV – Torrents TV shows provider
- Mega.co.nz – The new venture started by the former owner of MegaUpload Kim Dotcom
- Lumfile – Free cloud base file server – pay for premium services
- Etsy Vendors – 93 of them
- PizzaForCoins.com – Domino’s Pizza signed up – pay for their pizza with bitcons
- Whole Foods – Organic food store (by purchasing gift card from Gyft)
- Bitcoincoffee.com – Buy your favorite coffee online
- Grass Hill Alpacas – A local farm in Haydenville, MA
- Jeffersons Store – A street wear clothing store in Bergenfield, N.J
- Helen’s Pizza – Jersey City, N.J., you can get a slice of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register
- A Class Limousine – Pick you up and drop you off at Newark (N.J.) Airport
- Seoclerks.com – Get SEO work done on your site cheap
- Mint.com – Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more
- Fancy.com – Discover amazing stuff, collect the things you love, buy it all in one place (Source: Fancy)
- Bloomberg.com – Online newspaper
- Humblebundle.com – Indie game site
- BigFishGames.com – Games for PC, Mac, and Smartphones (iPhone, Android, Windows)
- Suntimes.com – Chicago-based online newspaper
- San Jose Earthquakes – San Jose California Professional Soccer Team (MLS)
- Square – Payment processor that help small businesses accept credit cards using iPhone, Android or iPad
- Crowdtilt.com – The fastest and easiest way to pool funds with family and friends (Source: crowdtilt)
- Lumfile – Server company that offers free cloud-based servers
- Museum of the Coastal Bend – 2200 East Red River Street, Victoria, Texas 77901, USA
- Home Depot – Office supplies store
- Kmart – Retail products store
- Sears – Clothing and household products, electronic store
- Gap, GameStop and JC Penney – have to use eGifter.com
- Etsy Vendors – Original art and Jewelry creations
- Fight for the Future – Leading organization finding for Internet freedom
- i-Pmart (ipmart.com.my) – A Malaysian online mobile phone and electronic parts retailer
- curryupnow.com – A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area
- Dish Network – An American direct-broadcast satellite service provider
- The Libertarian Party – United States political party
- Yacht-base.com – Croatian yacht charter company
- Euro Pacific – A major precious metal dealer
- CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin
- Straub Auto Repairs – 477 Warburton Ave, Hastings-on-Hudson, NY 10706 – (914) 478-1177
- PSP Mollie – Dutch Payment Service
- Intuit – an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
- ShopJoy – An Australian online retailer that sells novelty and unique gifts
- Lv.net – Las Vegas high-speed internet services
- ExpressVPN.com – High speed, ultra secure VPN network
- Grooveshark – Online music streaming service based in the United States
- Braintree – Well known payments processor
- MIT Coop Store – Massachusetts Institute of Technology student bookstore
- SimplePay – Nigeria’s most popular web and mobile-based wallet service
- SFU bookstore – Simon Fraser University in Vancouver, Canada
- State Republican Party – First State Republican Party to accept bitcoin donations (http://www.lagop.com/bitcoin-donate)
- mspinc.com – Respiratory medical equipment supplies store
- Shopify.com – An online store that allows anyone to sell their products
- Famsa – Mexico’s biggest retailer
- Naughty America – Adult entertainment provider
- Mexico’s Universidad de las Américas Puebla – A major university in Mexico
- LOT Polish Airlines – A worldwide airline based in Poland
- MovieTickets.com – Online movie ticket exchange/retailer
- Dream Lover – Online relationship service
- Lionsgate Films – The production studio behind titles such as The Hunger Games and The Day After Tomorrow
- Rakutan – A Japanese e-commerce giant
- Badoo – Online dating network
- RE/MAX London – UK-based franchise of the global real estate network
- T-Mobile Poland – T-Mobile’s Poland-based mobile phone top-up company
- Stripe – San Francisco-based payments company
- WebJet – Online travel agency
- Green Man Gaming – Popular digital game reseller
- Save the Children – Global charity organization
- NCR Silver – Point of sales systems
- One Shot Hotels – Spanish hotel chain
- Coupa Café in Palo Alto
- PureVPN – VPN provider
- That’s my face – create action figures
- Foodler – North American restaurant delivery company
- Amagi Metals – Precious metal furnisher
BUT DO YOU HAVE BITCOINS??:-
So here a question arises how I can earn bitcoins and use them if it is digital then how I am supposed to keep it???
but don't worry keep reading and you will get your answers :-)
1. How can I earn BITCOINS ??
SO there are few ways to earn Bitcoins legally (i am not gonna tell you about illegal ways:-D)
1. MINING :-
yes, you can mine bitcoin as gold but not in mountains. bitcoin mining is a procedure of solving large mathematical calculations. and as other minirals, it has a certain amount that anyone can mine.
2.BUY/TRADE:-
If you can't mine it buy it there are many companies and wallets offering to convert your paper currency to bitcoin. but beware of scammers there are many , Here I am giving you some links of bitcoin wallets where you can buy and keep your bitcoins safely.
1.Coinbase
Coinbase is a web wallet service that aims to be easy to use. It also provides an Android web wallet app, merchant tools and integration with US bank accounts to buy and sell bitcoins.
https://coinbase.com/
2.XAPO
Xapo combines the convenience of an everyday Bitcoin wallet with the security of an insured deep cold storage vault. Xapo Debit Card links to your Xapo Wallet and allows you to spend bitcoins at millions of merchants all around the world
https://xapo.com/
3.BitGo
BitGo is a high-security multi-sig wallet, which protects your bitcoin from theft and loss. You maintain full custody; BitGo cannot spend or freeze funds. BitGo wallets are easy to use and offer advanced security features such as spending limits and multi-user access.
https://www.bitgo.com/
this were some popular bitcoin wallets.
but you can earn bitcoin via many online money making websites also i will post a artical about it so keep reading keep visiting :-)
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