What is Bitcoin? for {steemit}

COIN-CRYPTO | What it is Bitcoin? Bitcoin is a digital currency called cryptocurrency. Bitcoin is a currency cryptocurrency with the highest scores. Bitcoin does not have a physical form like its other currencies. Bitcoin can be a currency for online transactions or trade rupiah.

History bitcoin:
Bitcoin appeared in 2009. By the origin of Japanese man named Satoshi Nakamoto. According to some sources that the man from Japan has actually been  doing research since 2007 but it was only introduced in 2009.

Bitcoin uses P2P technology without a central authority. All  functions such as the issuance of bitcoin, prosses transactions and  verification carried out collectively by the network, without a central  supervisor or agency to oversee operations. Bitcoin  can be stored on a personal computer in a file format wallet or stored  by third-party providers such as blockchain wallet, Coinbase, xapo etc. And regardless of the bitcoin can be sent via the Internet to anyone who has a bitcoin address.

How transksi By Bitcoin:
How to transact with bitcoin is very easy, you need is a wallet. Make your bitcoin wallet blockchain, Coinbase, xapo etc. Transfer bitcoin was the same as using i-banking transfers. only in bitcoin has an address of its own address. Address address was also difficult to memorize so it should be noted only.

How to Search for Bitcoin:
Many ways to earn bitcoin is to buy, faucet, cloud mining and mining machines. Explanation faucet, cloud mining and mining machines.
Faucet is a website / web that provide free bitcoin his usual just by typing captcha. But so is the income from the faucet little and too tired. Cloud Mining is the solution or by mining bitcoin mining by buying her usual speed in the form of GHS. While  the machine Mining is mining bitcoin with its own engine regular buy  his machine first and seriap mining machine has its own pace. If mining machines we also have to pay electricity and require an Internet connection. Now there are also games that pay player with bitcoin example android game coin flapper.

Values ​​and units of Bitcoin:

BTC = Bitcoin
mBTC = milli bitcoin
μBTC = micro bitcoin

1 BTC = 100,000,000,000 Satoshi
1 BTC = 1000 mBTC (milli Bitcoin)
1 mBTC = 100,000 Satoshi
1 μBTC = 100 Satoshi
1 mBTC = 0.001 BTC
1 Satoshi = 0.00000001 BTC

conclusion:
Bitcoin is a digital currency that can enable you to transact online, and is also easy to use.

Losses Bitcoin:
Bitcoin prices can fluctuate up or down depending on the market as well as the rupiah to the dollar changing

Bitcoin advantages:
Make it easy for online bertansaksi because now many e-commerce sites that offer payment via bitcoin.

Bagaigaman bitcoin works? see the video below bitcoin picture of what it is in English.

Source From: http://coin-crypto.blogspot.co.id/p/apa.html#ixzz4FQMQaECg