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Here, I will provide Information on How to Get Bitcoin (BTC) and other coin-coins such as Dogecoin, Litecoin and others.
What is Bitcoin? Bitcoin is a virtual currency that can only be used in the digital world. Bitcoin has attracted a lot of people these days, because in November 2017 Bitcoin has broken its 100 million Bitcoin number, and is expected to continue to rise.
Bitcoin can be obtained through the Website and Applications android, and how to play it very diverse.
And before you search for Bitcoin, a Bitcoin seeker is required to have a Wallet Bitcoin, you can read an article on how to create a Wallet Bitcoin account here, and information about Wallet here.
How to get Bitcoin
To get this Bitcoin there are various ways, there are the Faucet, Deposit, and Mining.
- Faucet
The faucet is tasty and not just the content of Captcha and the like, but Bitcoin is obtained in small quantities.
- Deposits
The deposit that generates Bitcoin by sending some of Bitcoin from us, and hoping to come back many times over.
- Mining
Mining is producing Bitcoin by mining, mining is divided into two namely Mining (using the tool) and Cloud mining (without tools).
And many more.
To generate Bitcoin there are many sites to get free Bitcoin and Deposit, for these sites is by click here, then select Cryptocurrency menu.
Bitcoin world / Cryptocurrency pretty much The term is often spoken, here are 28 meanings that you must know:
Wallet
Wallet is a Wallet required by all Bitcoin or Cryptocurrency owners.Cryptocurrency / Altcoin
Cryptocurrency / Altcoin is a digital coin-coin other than Bitcoin like Dogecoin, Bitcoin cash, Litecoin, Ethereum and others.Faucet
Faucet is a site that will give money for free to someone who successfully completed certain requirements.Mining
Mining is mining the coin, there are two types of mining that is with the tools (hardware) and mine disitus mining (cloudmining).PayOut (PO)
PayOut is a payment from a site to an account.Withdraw (WD)
Withdraw is the process of transfer coin to account.Scam
Scam is the designation for sites that will not toll.Ripper
Ripper in the virtual world is defined as a fraud.Trade
Do the activity of selling and buying on site Exchanger Bitcoin.Exchangers
Exchangers are electronic / e-money money sites.Return On Investment (ROI)
Return On Investment Is the return of the inner amount of coin from an investment.Deposits (Depos)
Deposit is a word that is often used if someone invests.Investment (Invest)
Investment is the process of investing and profit from capital that has been invested.Satoshi / Sat
Satoshi is the unit of sound in the mention of the amount of Bitcoin. Example: 0.00000001 so the mention is 1 Satoshi.BTC
BTC is the largest unit of Bitcoin known as BTC and 1 BTC can be split up to 8 decimal digits.mBTC
mBTC stands for millibitcoin, which is a smaller unit of Bitcoin. 1 mBTC = 0.001 BTC.Bits
Bits same as satoshi, bits are also fractions of nominal bitcoin other than called bits commonly called ubtc. But 1 bit more than satoshi. 1 bit with 100 satoshi or 0.00000100 bitcoin.Peer to peer (P2P)
Peer to peer can also be interpreted to transact without a third party.HYIP
Hyip is short for High Yield Investment Program. One of the programs in doing business online.Pumps
The pump is raising the bitcoin price.Dump
The dump is the price down the bitcoin.Electronic money / Digital
Electronic money or digital money is money used in internet transactions by electronic means.Initial Coin Offering (ICO)
ICO is a fundraising effort to build applications related to blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger.Bitcoin address
The Bitcoin address is your bitcoin address, before you must have a Wallet account.Cut losses
Cut loss is the step in which we have to sell the parent, this action is done when the coin price drops drastically, this action is taken already no bigger.Legit
Legit is the name for a paid site, another name is Paying.Payment
Payment is the type of payment, this is asked when will Withdraw.Nuyul
Nuyul is multiplying the account and if caught the web owner will be blocked
Commonly used terms / phrases in the world of Bitcoin / Cryptocurrency.
The bitcoin price surprisingly broke through US $ 19,000 for the first time on Thursday (07/12), in just under 24 hours after breaking through US $ 14,000.
In trading at the Coinbase exchange market, bitcoin prices briefly touched its highest level at US $ 19,340 before falling more than 20% to US $ 15,198.63. Then at 4 pm New York time, bitcoin is trading at US $ 16,362.99.
Bitcoin 1
Often there are significant price differences on different bitcoin exchange exchanges. A number of big names on Wall Street welcomed the presence of the most popular digital currency, including co-founder Fundstrat Tom Lee and investor Bill Miller. One family in Holland even risked everything for bitcoin.
On the other hand, some are skeptical and doubt their future. How about yourself, do you also doubt the bitcoin? Compiled from the CNBC page, Friday (8/12/2017), following the opinion of a number of leading investors:
Jamie Dimon
According to Dimon, bitcoin is a form of 'deception'. At a conference hosted by CNBC and institutional investors, he said bitcoin was not the real thing and the journey would end.
At another conference held by Barclay, JPMorgan Chase's CEO even said that the bitcoin phenomenon is worse than the tulip bubble and will not end well.
Tulip flower fever (Tulipomania) is a state that once swept the Netherlands in the 17th century, when speculators sold virulent tulips that were virtually worthless at exorbitant prices. The condition did not end well.
Michael Novogratz
"I think this [digital currency] will be the biggest 'bubble' in our lifetime," said the former Fortress hedge fund manager at a CoinDesk bitcoin conference. "This is a 'bubble' and there is a lot of 'cheating'. We saw many projects and some funded, they really look like Ponzi. There are many 'foams' and 'cheats' in this exciting way, "he continued, referring to a false investment mode that pays profit to investors.
Novogratz's statement came shortly after he predicted that bitcoin could touch US $ 40,000 by the end of 2018 as well as an increase in other cryptocurrencies such as ethereum.
Mark Cuban
According to this billionaire, it does not matter if you invest up to 10% of your savings in high-risk investments, including bitcoin and ethereum. "Let's just say you've lost your money," he told Vanity Fair.
Jim Cramer
"Bitcoin is a pure gamble," said Cramer, a former hedge fund manager and renowned author.
"It's like Monopoly money. Obviously, there are people who use it. If you ever say anything bad about it, like there will be a bitcoin mafia that comes after you. But that is a peculiarity that has nothing to do with us as investors, "he continued.
"I mean, if you want to gamble, go to Vegas. Vegas is an amazing place. "
Howard Marks
"In my opinion, digital currencies are nothing but unfounded modes (or perhaps pyramid schemes), based on a willingness to assume value on something little or nothing more than what people would pay for it," said investor and co-chairman Oaktree Capital.
Tony Robbins
"I think [bitcoin] is uncertain. I do not know anything. I see it like Vegas. In other words, you can bet if you are ready to lose, "said billionaire and author of 'Money: Master the Game'.
Robbins himself directs some of his money to risky things but does not rely on it. The principle is, "I know this is what I invested just for fun, I know I can lose, this is Vegas."
Jack Bogle
"Avoid bitcoin just as you avoid disease outbreaks, obviously?" Says the founder of the investment management firm Vanguard in response to a question that appears in an ac