What are bitcoins, how do they work, how much do the cost and where do you get them and stor and spend. Use this thread to explain everything about bitcoins
A questionable source of currency, as far as I’m concerned. It’s also a most preferred way some consumers like to pay for services on the internet or dark web, because it’s supposedly difficult to track. I’m not overly comfortable with it.
If you buy lots of them, then the price will go up and my bitcoins will be worth more. I like that idea. You will probably get far better explanations if you just googled, "bitcoin explained". There are some great articles on the subject. They are currently at the highest price they have been in a few years. They are about US$16k for a single bitcoin at the moment. A few years ago they got up to about $US20k.
Good Alex Trebek Jeopardy question. RIP Bro I'll take Money for a $1000 v The most used scamming currency by North Korea's Room 39 v What are bitcoins?
how much do bitcoins cost? how and where do you buy them? and how many can you buy, how much etc minimum amount you can n buy
Based on the questions in the original posting, you are clearly not someone who has a strong interest in technology. They've been around for over a decade, and if you've never explored these questions until now, 2020, BTC are probably not for you. You have to trust the technology, which I do, but you also have to trust the market, which I do not, not yet anyway. First, read up on the technology - how ownership and transfer work. Unless you are a merchant and you have determined that you need to do business in BTC to avoid losing to competitors sales and clients you value, at least watch the market for a period of time before you jump in. If the market is a speculative bubble, which it may be, you don't want to be on the wrong side of the peak when the bubble bursts and the value plummets.
So put simply. You take some REAL money that actually exists, exchange it from some virtual money that does not exist in the first place, then watch it all go up in a puff of smoke. PS, would you like to buy some Willscoins, new issue tomorrow. You can spend them on some virtual food, Perfect pictures, then get as thin as a rake eating it.
