What is bitcoin? cryptocurrency?

indexWelcome to Bitcoin Basics! So let’s get started.

What is bitcoin?

You may have heard people talking about bitcoin. In a nutshell, bitcoin is a form of payment that holds value similar to a currency like the USD. Bitcoin is referred to at BTC. Here is the formal definition:

bit·coin
[ˈbitˌkoin]
NOUN
bitcoins (plural noun) · BTC (noun) · BTCs (plural noun)
a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank:
  1. “bitcoin has become a hot commodity among speculators and visitors at bitcoinbasics.cf” ·

    “If you want to buy something using bitcoin you need to make sure the seller accepts the cryptocurrency”
    • a unit of bitcoin:
      “bitcoins can be used for online transactions between individuals who learn online at bitcoinbasics.cf”

    What is cryptocurrency?

     

    1. cryp·to·cur·ren·cy
      [ˈkriptōˌkərənsē]
      NOUN
      cryptocurrencies (plural noun) · crypto-currency (noun) · crypto-currencies (plural noun)
      1. a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank:
        “decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation”
        imagescertificate

Add coin to your wallet, Dripbitcoin.tk Free Bitcoin faucet!

Free bitcoin can now be claimed via a great site we just found out about. It is new and well stocked, easy to use and claim, easy. Visit it now and claim free BTC Click here. To read more about bitcoin click here, to learn more about DOGE coin click here! Happy satoshi hunting.

 

Want to claim from this free faucet and get free BTC? Click here and go to the faucet now at dripbitcoin.tk .

FREE Bitcoin_.png

 

DogeCoin on the rise to $1 in 2018

Doge coin worth it?

In an article written 7 months ago, https://steemit.com/currencies/@zzaki8950/urgent-dogecoin-will-surpass-usd1-in-2018 the writer talks a lot of sense about the optimistic future for crypto currencies.

How much will it be worth in the future?

The article states $1 or even $10 a Doge is reasonable in five years.
& that Bitcoin’s future is in Macro transactions. $1,000,000 to 1 BTC

4991217edbcafb08afd7d866734ed44e_340x80

Doge may be one of the next skyrocketing buys for the crypto future. Doge started as a joke when it was first made and it was not expected to do very well. Historically the original surge was shocking making the creator an instant millionaire overnight.  We predict that Doge will be worth tons one day and we currently independently list Doge Coin at $0.49 each 1.0 DOGE. Contact us about info on DOGE.

We will trade for your DOGE, want to trade?

Click Here to go to the trade page and initiate a trade from BTC, LTC, or other to DOGE.

Click here to read more about Doge, LTC, BTC, & more.

 

BitCoin Group Cloud Mining 101

So you want to get into mining and your new. If your super new, like you just found out there is a funny word you heard called Bitcoin, then head over to this page for some basic info about Bitcoin & crypto-Currencies for beginners. If this is not you then read on below.

So mining, you pretty much use your computers power from the central processing unit and its energy to go thru hash codes which contain hidden bitcoin codes. You “mine” the codes and are awarded satoshi (bTC) for your computers work. The better the device or computer, the more cpu usage you can spare. Also remember not to over do it and let your computer have a break in between 30 minute cycles to keep your computer from heating up high.

So how can you get started with mining? A cool and free one we found was via faucethub, so you need a free account to link to your preexisting wallet for your payouts. You can start by clicking this link and begin mining. When you mine using this site the peak hours offer the best results, because you are group mining , often 2000 to 6000 people are mining the same code and you share rewards. Below is how a typical mining session screen will look using this mining program.

bitcoinbasicsmine

You can log in with multiple devices at the same time and increase your hash per second rate and increase your accepted hashes for more satoshi. We tested 3 devices at the same time, a cell phone, a tablet, and a computer. We enjoyed the results. Start mining now.

Screenshot_2017-12-18-20-54-19

 

To get started with mining for free bitcoin satoshi now, click here. 

USI tech is being called a scam

On a video recently surfacing, we find some strong evidence to stay away from USI tech. Seeing as the company lied about certain partners we feel you should be wary and research for yourself a little more.

In a tell all video, watch some of the facts and make your own decision. https://youtu.be/I0JwQOBkJQ8

We won’t be using USI TECH.

NEW UPDATE: 12/23

USI TECH Texas security update. Media calling USI Tech a scheme

http://www.chron.com/business/bizfeed/article/Texas-security-regulators-clamp-down-on-Bitcoin-12447698.php

Texas security regulators warned consumers about investing in USI-Tech Limited, a Dubai-based firm promoting low-risk, high-return investments tied to Bitcoin, an unregulated form of virtual currency