Bitcoin
Seminar
on the topic
Prepared
By
H.Madhavi
Contents Outline
Introduction – What is Bitcoin?
History – Who created Bitcoin?
Blockchain – Digital ledger
Things you need to know about Bitcoin
How to get started with Bitcoin
Types of Bitcoin wallets
How to buy Bitcoin wallets
Steps for sending Bitcoins
How does transactions takes place
How to avoid Bitcoin fraud
BTC & BCH
Bitcoin Price
Conclusion
Bitcoin
Bitcoin
Introduction…Contd
o Bitcoin is a network that
enables a new payment
system and a completely
digital money.
o It is a peer – to – peer
payment system
introduced an open source
software in 2009, by
developer Satoshi
Nakamoto.
Bitcoin
Bitcoin is the first
implementation of a
concept called “Crypo –
currency”, which was
first described in 1998
by Wei Dai.
The first Bitcoin
specification and proof
of concept was
published in 2009 in a
cryptography mailing list
by Satoshi Nakatomo.
Bitcoin
Bitcoin
Unlike traditional payments, Bitcoins are sent from one person to another without
going through banks or other middlemen.
No Central Command
Your Bitcoins are controlled by you and you alone.
No one can ever prevent you from sending or receiving Bitcoin.
Bitcoin
Secure Your Wallet
Bitcoin
Bitcoin
The Bitcoin network is always on and working at full capacity
regardless of time or date.
Bitcoin
Bitcoin can be bought and sold from online exchanges using dollars,
euros, and other currencies.
Bitcoin
Bitcoin can also be purchased using a credit card.
Bitcoin
Users can even swap cash for Bitcoin at special ATMs or by using
over-the-counter (OTC) services that match buyers with verified
sellers nearby.
Bitcoin
Bitcoins are stored on your smartphone,
computer, or other mobile device using
software called a ‘bitcoin wallet’.
Bitcoin
With a Bitcoin wallet, you can spend or receive Bitcoin with ease from
your smartphone.
Bitcoin
Bitcoin
DESKTOP HARDWARE
MOBILE - ANDROID
BLACK BERRY IOS WINDOW
S
WEB
Bitcoin
How to Buy Bitcoin
Using a Credit Card
Input your
Bitcoin address
and select a
desired purchase
amount
Input Billing Info
How to Buy Bitcoin
on an Exchange
Choose
Exchange
Setup
Account
Connect
Bank
Select Amount
to Purchase
Bitcoin
• Download a
Bitcoin Wallet
Step 1
• Add Bitcoin to
Your Wallet
Step 2
• Use a Bitcoin
Wallet to Send
and Receive
Bitcoin
Step 3
Copy the receiver’s public Bitcoin address (or scan QR code)
Open your wallet and navigate to its “Send” feature, paste the receiver’s address into
the appropriate field
Specify the amount you want to send
Confirm that the address and amount are both correct
Send
Bitcoin
Bitcoin
Fake Bitcoin Exchanges
Fake Bitcoin Wallets
Phishing Scams
Ponzi Scams
Bitcoin
Bitcoin
Bitcoin
Bitcoin is Better than Cash
Available Globally
Cannot be Counterfeited
Cannot be Diluted
Use Online or In Person
No Central Bank
Bitcoin
Bitcoin

Bitcoin

  • 1.
  • 2.
    Contents Outline Introduction –What is Bitcoin? History – Who created Bitcoin? Blockchain – Digital ledger Things you need to know about Bitcoin How to get started with Bitcoin Types of Bitcoin wallets How to buy Bitcoin wallets Steps for sending Bitcoins How does transactions takes place How to avoid Bitcoin fraud BTC & BCH Bitcoin Price Conclusion Bitcoin
  • 3.
    Bitcoin Introduction…Contd o Bitcoin isa network that enables a new payment system and a completely digital money. o It is a peer – to – peer payment system introduced an open source software in 2009, by developer Satoshi Nakamoto.
  • 4.
    Bitcoin Bitcoin is thefirst implementation of a concept called “Crypo – currency”, which was first described in 1998 by Wei Dai. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakatomo.
  • 5.
  • 6.
    Bitcoin Unlike traditional payments,Bitcoins are sent from one person to another without going through banks or other middlemen. No Central Command
  • 7.
    Your Bitcoins arecontrolled by you and you alone. No one can ever prevent you from sending or receiving Bitcoin. Bitcoin Secure Your Wallet Bitcoin
  • 8.
    Bitcoin The Bitcoin networkis always on and working at full capacity regardless of time or date.
  • 9.
    Bitcoin Bitcoin can bebought and sold from online exchanges using dollars, euros, and other currencies.
  • 10.
    Bitcoin Bitcoin can alsobe purchased using a credit card.
  • 11.
    Bitcoin Users can evenswap cash for Bitcoin at special ATMs or by using over-the-counter (OTC) services that match buyers with verified sellers nearby.
  • 12.
    Bitcoin Bitcoins are storedon your smartphone, computer, or other mobile device using software called a ‘bitcoin wallet’.
  • 13.
    Bitcoin With a Bitcoinwallet, you can spend or receive Bitcoin with ease from your smartphone.
  • 14.
  • 15.
    Bitcoin DESKTOP HARDWARE MOBILE -ANDROID BLACK BERRY IOS WINDOW S WEB
  • 16.
    Bitcoin How to BuyBitcoin Using a Credit Card Input your Bitcoin address and select a desired purchase amount Input Billing Info How to Buy Bitcoin on an Exchange Choose Exchange Setup Account Connect Bank Select Amount to Purchase
  • 17.
    Bitcoin • Download a BitcoinWallet Step 1 • Add Bitcoin to Your Wallet Step 2 • Use a Bitcoin Wallet to Send and Receive Bitcoin Step 3 Copy the receiver’s public Bitcoin address (or scan QR code) Open your wallet and navigate to its “Send” feature, paste the receiver’s address into the appropriate field Specify the amount you want to send Confirm that the address and amount are both correct Send
  • 18.
  • 19.
    Bitcoin Fake Bitcoin Exchanges FakeBitcoin Wallets Phishing Scams Ponzi Scams
  • 20.
  • 21.
  • 22.
    Bitcoin Bitcoin is Betterthan Cash Available Globally Cannot be Counterfeited Cannot be Diluted Use Online or In Person No Central Bank
  • 23.
  • 24.

Editor's Notes