Bitcoin is a new digital currency that was created in 2009. It allows for fast, low-cost global transactions without middlemen like banks. Bitcoins are created through mining by computers that verify transactions, and there will only ever be 21 million bitcoins. The value of bitcoin has fluctuated greatly since its creation based on media attention and adoption by merchants and investors. While it offers benefits like low fees and anonymity, bitcoin also carries risks like volatility, lack of regulation, and potential for illegal use. Its future will depend on regulatory decisions and whether it achieves widespread practical adoption.
Introduction of Bitcoin, explain for newbie and financial person, easy to understanding.
Language
English 99%
Thai 1% (only "Bitcoin in Thailand)
Agenda
- What is Bitcoin
- Bitcoin and Gold, The human economy evolved
- The Bitcoin bubble
- How to can get Bitcoins
- What is Bitcoin Mining
- Total Bitcoins in circulation
- Bitcoin Supply
- How long does it take to mine a single Bitcoin
- Bitcoin consumption power
- B-Commerce
- Silk Road Case
- Tulip Mania 2.0?
- Bitcoin in Thailand
- Reference
This presentation provide the brief knowledge of Bitcoin. Bitcoin is a cryptocurrency and a payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. Bitcoin was introduced on 31 October 2008 to a cryptography mailing list and released as open-source software in 2009. There have been various claims and speculation concerning the identity of Nakamoto, none of which are confirmed. The system is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. Which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency.
Bitcoin is a decentralized electronic cash system using peer-to-peer networking to enable payments between parties without relying on mutual trust. It was first described in a paper by Satoshi Nakamoto (widely presumed to be a pseudonym) in 2008. Payments are made in bitcoins (BTC's), which are digital coins issued and transferred by the Bitcoin network.
this PPT has the answer to the following question:
1)How Did It Start?
2)Where Do Bitcoins Come From?
3)What is the Vision of Bitcoins?
4)What is the Value of a Bitcoin?
5)Who Sells Bitcoins?
6)how to Buy Bitcoins Locally?
7)Why Would You Want Some
Bitcoin?
A introduction to Bitcoin for ecommerce merchants, held at Magento North East in Newcastle upon Tyne, September 2016.
The talk was given by Richard Carter, senior Magento consultant at ecommerce agency Peacock Carter Ltd.
There is an accompanying blog post on Bitcoin on the Peacock Carter blog at: http://www.peacockcarter.com/blog/bitcoin-ecommerce-guide-merchants/
Introduction of Bitcoin, explain for newbie and financial person, easy to understanding.
Language
English 99%
Thai 1% (only "Bitcoin in Thailand)
Agenda
- What is Bitcoin
- Bitcoin and Gold, The human economy evolved
- The Bitcoin bubble
- How to can get Bitcoins
- What is Bitcoin Mining
- Total Bitcoins in circulation
- Bitcoin Supply
- How long does it take to mine a single Bitcoin
- Bitcoin consumption power
- B-Commerce
- Silk Road Case
- Tulip Mania 2.0?
- Bitcoin in Thailand
- Reference
This presentation provide the brief knowledge of Bitcoin. Bitcoin is a cryptocurrency and a payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. Bitcoin was introduced on 31 October 2008 to a cryptography mailing list and released as open-source software in 2009. There have been various claims and speculation concerning the identity of Nakamoto, none of which are confirmed. The system is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. Which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency.
Bitcoin is a decentralized electronic cash system using peer-to-peer networking to enable payments between parties without relying on mutual trust. It was first described in a paper by Satoshi Nakamoto (widely presumed to be a pseudonym) in 2008. Payments are made in bitcoins (BTC's), which are digital coins issued and transferred by the Bitcoin network.
this PPT has the answer to the following question:
1)How Did It Start?
2)Where Do Bitcoins Come From?
3)What is the Vision of Bitcoins?
4)What is the Value of a Bitcoin?
5)Who Sells Bitcoins?
6)how to Buy Bitcoins Locally?
7)Why Would You Want Some
Bitcoin?
A introduction to Bitcoin for ecommerce merchants, held at Magento North East in Newcastle upon Tyne, September 2016.
The talk was given by Richard Carter, senior Magento consultant at ecommerce agency Peacock Carter Ltd.
There is an accompanying blog post on Bitcoin on the Peacock Carter blog at: http://www.peacockcarter.com/blog/bitcoin-ecommerce-guide-merchants/
Bitcoin 101: The Currency, The Network, The CommunityEarthsite
Bitcoin and the underlying technology of cryptocurrency is poised to revolutionize the world of banking and financial equity. Can Bitcoin make it through the volatile startup years and be adopted as a global currency? With an estimated 50,000 businesses now accepting Bitcoin and more than $100 million in venture capital investments, 2014 could be the tipping point for this new form of value exchange.
In this introductory presentation, you'll learn what Bitcoin is, why the technology is revolutionary and how you can get involved in the community. Find out how businesses can save 2-3% on credit card fees and have instant access to a global market. Discover how digital currencies are supporting thriving local economies. Don't miss this opportunity to educate yourself on the fundamentals of Bitcoin and see how you and your business will benefit.
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto,Bitcoin is a decentralised electronic currency which is not backed by any other currency as it is a stand-alone currency traded against other currencies.
The almost complete guide explaining Bitcoin, philosophy, history, technology, use, the good/bad, how to buy, trading, and its future.
Thanks a lot for a cup of coffee.... =)
Bitcoin : 1ChyUCv7Qqz5fqfb4QhUsYYGmeMfz99vr7
Bitcoin Cash : 18AH4EyLo7djvfKHuRxjVh1cWPJH93ppAx
Ethereum : 0x449fFDBBcD2328662B67Ba3103ce83834d140bf7
Litecoin: 32XW2vssbd2V2tY1MbsRdRoz4UAUw2G4j6
Dogecoin : A8zoTQk9RauhRDbvEQF1bhB5h7dFtVnveX
Preferred Crypto Exchange : Binance
https://www.binance.com/?ref=10955776
Thank you.
Introductory lesson for the Bitcoin and Blockchain Technology course of Milano Bicocca University (2017)
Video (in Italian) available at https://goo.gl/tbB4Pu
What is bitcoin? How does it work? How can you make money out of it? The bitcoin basics for Filipinos who want to understand and invest in the new digital currency.
Via Capgemini Consulting @CapgeminiConsul
BITCOIN
A Primer for Policymakers
BY JERRY BRITO AND ANDREA CASTILLO
Mercatus Center
George Mason University
3351 Fairfax Drive, 4th Floor
Arlington, VA 22201-4433
(703) 993-4930
mercatus.org
Bitcoin is the world’s first completely decentralized digital
currency.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Most interesting and creative presentation on Bitcoin for beginners.
This article contains information about history of Bitcoin cryptocurrency. What is Bitcoin? Whom was it created by? This article resumes the whole history of Bitcoin since 2008 to 2018.
Introduction to Bitcoin, prepared by Bitcoin Manchester to initially be presented at the Manchester Free Software Festival in February 2014.
Contents:
* What is money?
* What is good money?
* How does fiat money work?
* What is Bitcoin?
* How does Bitcoin work?
* Why is Bitcoin important?
Bit Coins are one most disruptive technologies in recent times with an impact that may ultimately be as big as the internet. Bitcoin uses peer-to-peer technology to operate with no central authority or banks. Managing transactions and the issuing of bitcoins is carried out collectively within a network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and anyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin is a virtual currency and the Bitcoin user experience will be very important for widespread adoption and use. In my talk I am going to talk about the evolution of currency, crypto currencies and Bit Coins. I will also discuss Bitcoin experiences and the Bitcoin platform eco-system, Bit Coin facts, and the possible future of Bit Coins.
Introduction to Bitcoins and CryptocurrencyUtkarsh Gupta
An approach to introduce Bitcoins and Cryptocurrencies which are believed to change the way we are going to transact in terms of money with one another.
Michael bowen | High risk specialist |Card not present transaction expert JayWigdore
In a day that more and more banks are shying away from the risk, Go Payment Pros has continued to fight for their clients to stay profitable. Go Payment Pros can place you High Risk Merchant Account with all the risk factors in mind. They don’t just place accounts, they help keep them alive. Call Go Payment Pros today and see the difference in true High Risk Payment Proces
Bitcoin 101: The Currency, The Network, The CommunityEarthsite
Bitcoin and the underlying technology of cryptocurrency is poised to revolutionize the world of banking and financial equity. Can Bitcoin make it through the volatile startup years and be adopted as a global currency? With an estimated 50,000 businesses now accepting Bitcoin and more than $100 million in venture capital investments, 2014 could be the tipping point for this new form of value exchange.
In this introductory presentation, you'll learn what Bitcoin is, why the technology is revolutionary and how you can get involved in the community. Find out how businesses can save 2-3% on credit card fees and have instant access to a global market. Discover how digital currencies are supporting thriving local economies. Don't miss this opportunity to educate yourself on the fundamentals of Bitcoin and see how you and your business will benefit.
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto,Bitcoin is a decentralised electronic currency which is not backed by any other currency as it is a stand-alone currency traded against other currencies.
The almost complete guide explaining Bitcoin, philosophy, history, technology, use, the good/bad, how to buy, trading, and its future.
Thanks a lot for a cup of coffee.... =)
Bitcoin : 1ChyUCv7Qqz5fqfb4QhUsYYGmeMfz99vr7
Bitcoin Cash : 18AH4EyLo7djvfKHuRxjVh1cWPJH93ppAx
Ethereum : 0x449fFDBBcD2328662B67Ba3103ce83834d140bf7
Litecoin: 32XW2vssbd2V2tY1MbsRdRoz4UAUw2G4j6
Dogecoin : A8zoTQk9RauhRDbvEQF1bhB5h7dFtVnveX
Preferred Crypto Exchange : Binance
https://www.binance.com/?ref=10955776
Thank you.
Introductory lesson for the Bitcoin and Blockchain Technology course of Milano Bicocca University (2017)
Video (in Italian) available at https://goo.gl/tbB4Pu
What is bitcoin? How does it work? How can you make money out of it? The bitcoin basics for Filipinos who want to understand and invest in the new digital currency.
Via Capgemini Consulting @CapgeminiConsul
BITCOIN
A Primer for Policymakers
BY JERRY BRITO AND ANDREA CASTILLO
Mercatus Center
George Mason University
3351 Fairfax Drive, 4th Floor
Arlington, VA 22201-4433
(703) 993-4930
mercatus.org
Bitcoin is the world’s first completely decentralized digital
currency.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Most interesting and creative presentation on Bitcoin for beginners.
This article contains information about history of Bitcoin cryptocurrency. What is Bitcoin? Whom was it created by? This article resumes the whole history of Bitcoin since 2008 to 2018.
Introduction to Bitcoin, prepared by Bitcoin Manchester to initially be presented at the Manchester Free Software Festival in February 2014.
Contents:
* What is money?
* What is good money?
* How does fiat money work?
* What is Bitcoin?
* How does Bitcoin work?
* Why is Bitcoin important?
Bit Coins are one most disruptive technologies in recent times with an impact that may ultimately be as big as the internet. Bitcoin uses peer-to-peer technology to operate with no central authority or banks. Managing transactions and the issuing of bitcoins is carried out collectively within a network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and anyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin is a virtual currency and the Bitcoin user experience will be very important for widespread adoption and use. In my talk I am going to talk about the evolution of currency, crypto currencies and Bit Coins. I will also discuss Bitcoin experiences and the Bitcoin platform eco-system, Bit Coin facts, and the possible future of Bit Coins.
Introduction to Bitcoins and CryptocurrencyUtkarsh Gupta
An approach to introduce Bitcoins and Cryptocurrencies which are believed to change the way we are going to transact in terms of money with one another.
Michael bowen | High risk specialist |Card not present transaction expert JayWigdore
In a day that more and more banks are shying away from the risk, Go Payment Pros has continued to fight for their clients to stay profitable. Go Payment Pros can place you High Risk Merchant Account with all the risk factors in mind. They don’t just place accounts, they help keep them alive. Call Go Payment Pros today and see the difference in true High Risk Payment Proces
Introduction to Bit Coin Model describing the key underlying technological features, operational details, uses and applications. Implications for Mobile Operators.
The future of Bitcoin & 9 ways to improve itSam Wouters
Last weekend (8-9 October) they came together in Milan, Italy at Scaling Bitcoin #3. I was not present, but I still wanted to add value as I fundamentally believe an open blockchain like Bitcoin's can make the world a better place. So I went through all the transcripts on scalingbitcoin.org to create a (hopefully) clear overview of the future of Bitcoin for (potential) Bitcoin users.
Interested in learning more? Check out my website or book me as a speaker: http://samwouters.com/
Twitter: https://twitter.com/SDWouters
LinkedIn: https://www.linkedin.com/in/samwouters
What is Bitcoin and How is it related to Satoshi Nakamoto White Paper.pdfSuraj Sharma
Well the terms like bitcoin & block chain are being coined and referred to everywhere over the internet or over any investment or financial platform the reason being its increasing popularity and the mammoth returns that people have made by investing in these avenues.
Although the concept of bitcoin is known to many but still there are many that are confronted with this question that what is a bitcoin and how does it work? so, in this blog I have made a sincere effort to explain the same in the easiest of manner for you to understand this concept. So as we move ahead we will dive in this concept of What is Bitcoin? How is it related to White paper of Satoshi Nakamoto? to understand the basics of bitcoins and how would its future be like.
The term crypto currency is being coined everywhere due to its increased popularity worldwide, it is being looked at with great aspiration to park one’s money for a lucrative and manifold return. One can well imagine the return percentage on his/her investment in bitcoins by the fact that 1 bitcoin was worth $0 in 2009 and it now values at $55,353 (at the time of writing this article).
This means you could have been a millionaire or a billionaire if a reasonable investment was made in bitcoins in 2009 and was to be redeemed now.
Cryptocurrency- A Digital asset as a medium of exchange:
Crypto currency is a digital asset that is designed in such a manner that it offers the benefits of a medium of exchange like any other currency, so you can buy any item in exchange of these digital assets that you possess from the seller that accepts these forms of payments.
These digital assets are stored in computerized databases as they do not exist in physical form, using strong cryptography to secure the transaction records.
Decentralized Cryptocurrency Explained in Easy:
Whenever these digital currencies are minted, mined or created by the originator , the process is said to have exercised a centralized control, however when these are further disseminated to larger groups a decentralized control is said to have exercised. Each cryptocurrency functions through a distributed ledger technology that is typically known as block chain technology that serves as a public financial transaction database.
Although there are several other Cryptocurrencies that exist in the digital world and they too have offered good returns over a period of time, but the major issue involved in these digital currencies is that they are not backed by any of the apex bank of any country nor do they are traded in any banking channel.
Usually these digital currencies or cryptocurrencies that are not backed by any government or banking channel have no intrinsic value and nor do they will have in future.
Their values are derived purely on the basis of market forces of demand and supply and are a private fiat money. The market of these digital assets is highly volatile and have no capping on their price increase or decrease.
Bitcoin is a peer-to-peer electronic cash system and the first truly decentralized network for sending and receiving value over the Internet. This presentation gets into the details of the technology and answers common questions related to the bitcoin, how it works.
Embark on an inspiring journey into the world of digital finance with this captivating PowerPoint presentation on the pioneer of cryptocurrency, Bitcoin. Be amazed when you discover the transformative power and game-changing capabilities of this groundbreaking innovation. Enter a world where traditional banking meets cutting-edge technology as we delve into the birth and evolution of Bitcoin. We shine a light on its enigmatic creator Satoshi Nakamoto, revealing the groundbreaking concept of blockchain that lies at the heart of this digital marvel. Enjoy the unparalleled benefits that Bitcoin has to offer. Free us from the control of financial intermediaries and experience first hand the decentralized nature where individuals have complete control over their own funds. Find out how Bitcoin implements unprecedented privacy and security measures to ensure every transaction is confidential and non-peeping. Feel the adrenaline rush as we uncover Bitcoin's incredible potential to revolutionize the global economy. Marvel at its ability to enable lightning-fast peer-to-peer transactions across borders, eliminate expensive intermediaries, and reduce transaction costs to a fraction of the traditional methods. Let's see how Bitcoin's limited supply and deflationary nature can protect us from the devastating effects of inflation and preserve our hard-earned wealth. As we continue our presentation, we'll delve into the myths surrounding Bitcoin, dispel skepticism, and shed light on doubts about its volatility. Gain a deeper understanding of the underlying factors driving Bitcoin market dynamics and separate fact from fiction. Be captivated by captivating imagery, captivating stories, and real-life success stories surrounding Bitcoin's rise to fame. See how early adopters became millionaires overnight and how multinationals are integrating this digital currency into their business processes. Witness the unstoppable momentum behind Bitcoin's global adoption as more individuals and businesses realize its intrinsic value. Join us on an exciting quest for cryptocurrency pioneer Bitcoin and witness the transformative power within. Get ready for an immersive experience that will captivate your audience and leave them hungry to learn more about this dynamic digital revolution.
Bitcoin price today BTC to USD market cap.pdfFranck La Rocca
As of 4:11 p.m., the price of Bitcoin is $16,171.30, changing -2.19% from the previous day. The market capitalization of the tokens was $310,785,787,847.95 after the recent fluctuations in the price of bitcoin. Bitcoin has had a shift of -65.00% so far this year. According to the CoinDesks Digital Asset Classification Standard, Bitcoin is categorized as a currency (DACS).
Unlock the secrets of profiting from the cryptocurrency revolution with "Bitcoin Explosion: Don't Miss Out on the Gold Rush!" This comprehensive eBook is your ultimate guide to understanding, investing in, and profiting from Bitcoin and the exciting world of cryptocurrencies.
Are you intrigued by the rise of Bitcoin and want to seize the opportunities it offers? Whether you're a novice looking to get started or an experienced trader seeking advanced strategies, this eBook has you covered.
Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency - is a type of money that is completely virtual. It's like an online version of cash. You can use it to buy products and services, but not many shops accept Bitcoin yet and some countries have banned it altogether.
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"
This guide is all about explaining Bitcoin and cryptocurrencies in simple terms. Here's what it covers:
Bitcoin is a type of digital money, and cryptocurrency is a digital currency. A few years ago, people didn't know much about these terms, and some thought they were just a passing trend.
Bitcoin is one of the famous and widely used decentralized currency in the world since it's creation. Here is the presentation on Bitcoin will help you understand more about it.
Hope this will help
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
2. An Introduction to Bitcoin
Table of Contents
October 2013
Buzz of Bitcoin – What People Are Saying? …………………………... Page 1
What is Bitcoin? …………………………………………………………….……... Page 2 - 3
What is the USD Conversion Rate? ……………………..………………… Page 4
Why Do Bitcoin Have Value? ……………….………………………………… Page 5
How are Bitcoins Tracked? ………………….……………………………….… Page 6
What is Bitcoin Mining? ………………………………………………………… Page 7 - 8
Bitcoin versus Gold ……………………………………………………………….. Page 9
Who Accepts Bitcoin and Who Invests? ………………………….……. Page 10
Risks of Bitcoin ………………………………………………………………………. Page 11 - 12
How to Get Bitcoins ………………………………………………………………. Page 13
Bitcoin Online Gambling ……………………………………………………..... Page 14
Future of Bitcoin ………………………………………………………………….... Page 15
4. What is Bitcoin?
• Bitcoin (BTC) is a new kind of currency introduced in
2009. It’s the first decentralized electronic currency not
controlled by a single organization or government
• Bitcoin is an open source project that anyone can
validate its security and stability
• All over the world people are trading millions of dollars
worth of bitcoin every day
• Trades are made with no middle man and no credit card
companies
It’s a startup currency which has never
happened before.
2
5. What is Bitcoin? continued
.
• Transactions are fast, borderless, nearly free, and transactions are irreversible
• Digitally distributed crypto-currency with no central authority
• Transferred between its users on the bitcoin network from a computer,
printout, coins, or cell phone
• Creation of new bitcoins are “mined” by computers running the network
• They are a scarce resource and there will only be 21 million bitcoins created
o approximately 11.5 million bitcoins currently in circulation
• Bitcoins are divisible to 8 decimal places yielding a total number of
21 x 1014 currency units. (reference table below)
1 BTC……………………..1 bitcoin
0.01 BTC…………………1 cBTC (bitcent)
0.001 BTC……………….1 mBTC (millibit or mbit)
0.0001 BTC……………..1 uBTC (microbit or ubit)
0.00000001 BTC …….1 satoshi
3
6. What is the USD Conversion Rate?
Market Capitalization (billions)
2.75
2.50
4
2
2.25
2.00
3
1.75
1
1.50
1.25
1.00
0.75
0.50
0.25
0.00
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Oct 13
1.
2.
3.
4.
Nov 12 – Feb 13: Consistent Bitcoin price from early adopters
Feb 13 – Jun 13: First media attention and Cyprus banking crisis led to large price increase and drop
Jun 13 – Aug 13: Stable, but still volatile, market price with Government debates and new company announcements
Aug 13 – Oct 13: China learns about bitcoin, Silk Road black market bust brings trust and investors enter market
•
•
•
Rolling 12 price change $11.14 USD per BTC to over $200
Market cap has grown to $2.4bn (115%) during 2013
First purchase was a delivered pizza for 10,000 bitcoins, current pizza value: $2,023,200 Source: blockchain.info
4
7. Why Do Bitcoins Have Value?
Bitcoin has value because of its nearly free global transfers, political
neutrality, scarcity, divisibility, privacy, resolute property ownership,
credibility, and free “bank” accounts
•
Significantly reduces payment friction, transfer cost, and expenses to businesses
•
Spends like cash, transfers not subject to chargebacks
•
Elimination of identity theft, no counterfeiting, significant reduction of payment fraud
•
High privacy, protection of individual rights, pseudo-anonymous (users choice)
•
Protection from monetary policies and risk (confiscation, inflation, debasement)
•
Based on mathematic algorithms. Transparency replace a central authority
o Distributed peer-to-peer network ensures software stability by consensus
o Open source code is public to review and replicate
•
Competition currencies called “altcoins” (Peer-to-Peer coin, Litecoin, Feathercoin, etc)
Source: Western Union 2013 Conference – Emergence of Digital Currencies Presentation
5
8. How are Bitcoins Tracked?
•
Every transaction is maintained on a public ledger called the “blockchain”
o Public ledger of all transactions assembled and shared within the network
o Dividing coins creates a new chain that can still be traced back to its creation
o Computers maintain the blockchain’s credibility through group consensus
How Transactions Work Through the Chain
0.5 BTC
one new bitcoin
is created
original owner’s
current amount
seller receives payment,
new chain is created
0.25 BTC
0.125 BTC
1 BTC
0.125 BTC
0.5 BTC
Black squares represent the
original holder’s transactions
Grey squares represent
merchants receiving payment
0.25 BTC
two merchants receive
bitcoin as payment
Source: themisecircle.org
6
9. What is Bitcoin Mining?
Bitcoin mining creates new bitcoins, guarantees transaction
legitimacy, and is handled by PCs running the free software.
These computers verify and store trades made on the network.
Miners are rewarded with new bitcoins and transfer fees for their service
•
Mining bitcoin is comparable to buying lottery tickets, a user exchanges processing power for
the chance to win bitcoins
•
The faster a computer mines (more processing output), the higher their odds of winning
•
Bitcoin mining has created a hardware industry within itself with high gross sales, new
technologies of computer chips have been developed to mine more efficiently
•
Miners calculate their profitability through expected return on investment versus
hardware investment and power consumption
7
10. What is Bitcoin Mining? continued
•
11.5 million bitcoins have always been mined of the total 21 million
•
This system evenly distributes bitcoins in a fair and mathematically ensured basis
•
.
The difficulty to generate bitcoins are automatically adjusted to the total power of the network
itself, this results in a predictable timeframe until 21 million coins will exist in 2033
Bitcoins in Circulation (millions)
21
18
15
12
currently 21 million bitcoins (55% of total) has been mined
9
6
3
0
’09
’10
‘11
’12
’13
‘14
’15
‘16
’17
‘18
’19
’20
‘21
’22
’23
’24
’25
’26
’27
’28
’29
’30
’31
’32
’33
Years
Source: Quartz.com
8
11. Bitcoin as an Investment
vs
1. Definite owner at time of holding
2. Hard to “mine”
3. Limited resource (21 million)
4. Can’t be copied
5. Easily divisible
6. Easy to transport, secure, and hold
7. Digital
1. Definite owner at time of holding
2. Hard to mine
3. Limited resource (on earth)
4. Can’t be copied
5. Relatively divisible
6. Difficult to transport, secure, and hold
7. Physical
Source: Trukhin Roman, Software Developer
9
12. Who Accepts Bitcoin?
•
•
Bitcoin payment processors Bitpay, Coinbase, and Blockchain combined report over 20,000
merchants and 1 million users. Merchants can also accept bitcoin and get paid in dollars
Baidu’s, Chinese version of Google, announcement to accept bitcoin drove up the price
Who Invests in Bitcoin Companies?
10
13. How to Get Bitcoins
Buy In-Person
• LocalBitcoins matches local buyers and sellers
• Open air bitcoin exchange meet up groups
such as Satoshi Square buy and sell in-person
• Private bulk-purchase sellers
• Bitcoin ATMs swap cash for BTC
Buy On a Currency Exchange
• Coinbase connects to your bank account
and is the easiest method
• Bank wires, cashiers checks, SEPA
transfers, and other methods are
accepted on other exchanges
11
14. Risks of Bitcoin
• Potential money laundering and illegal activity
o Silk Road market sold drugs online for BTC
o The alleged creator was arrested and the FBI
seized over $20 million worth of bitcoins
• News, politics, and economy can impact price
• The market may determine bitcoins don’t have
ample utility or better solutions arise
• Like physical currency – bitcoins can be subject to
theft or be lost
• Few consumer protections – no complaint center
from credit card companies or PayPal
• Some economists debate against bitcoin’s
inherent deflationary characteristics
o No access to inflate or print more
o Users may not make purchases if they know
the value will increase
o Fear a hoarder society instead of consumer
12
15. Risks of Bitcoin continued
.
What are US Regulators Saying?
•
•
•
Texas federal judge rules ‘Bitcoin is a currency’
22 bitcoin companies in New York were subpoenaed for information about their AML practices
The US Treasury’s Financial Crimes and Enforcement Network (FinCEN) and states debate regulation
“the Federal government has taken an active interest in understanding bitcoin.“
– Bitcoin Foundation
“Digital currencies are just a financial service and those who deal in them are a financial institution.”
“…Not only are we going to be transparent [with regulatory discussions], but we're going to introduce
you to the whole regulatory community.”
– FinCEN Rep
What are International Regulators Saying?
•
•
•
•
•
Germany recognizes bitcoin as “private money”, is now legal tender
Chinese government’s TV network ran two bitcoin documentaries
China Banking Commission said “We have…no plans to introduce regulatory policies for bitcoin.”
India’s central bank says it is ”watching”, has no intention of regulating the currency now
Canada’s FINTRAC sent letters to bitcoin exchanges confirming they are not money service
businesses and explaining they are exempt from strict money-laundering laws
Sources (in order): NBC News, Forbes, Washington Post, CoinDesk, CNBC, Chinese Television Network,
finance.sina.com.cn, The Economic Times, theregister.co.uk
.
13
16. Bitcoin Online Gaming
• Gambling online with bitcoins is similar to unrated cash handle in slot machines
o Simple, immediate results, and anonymous
o Circumvents a player’s tax and domestic law requirements
• Online gambling historically contributed %50 of total bitcoin transactions by volume
• Online gambling websites prove fairness through the Blockchain (transfers are public)
o Anyone can calculate total bets, win, and loss
o Gaming sites distribute free earnings reports
• Started with the launch of SatoshiDice
o Company sold for $11.5 million (126K BTC) to an anonymous buyer
o Generated $50K - $200K per month in revenue with 183% average monthly growth
• Competitor JustDice reported 2,800K BTC earned in August ($400K)
• There are currently over 100 bitcoin online gambling websites
Sources (in order): Forbes, Blockchain.info, CalvinAyre.com, Bitcoin Magazine
14
17. Future of Bitcoin
Potential Effects
1. Bitcoin’s future depends on regulatory
decisions, mass adoption, and practical uses
2. Take market share away from credit card
companies, ATM machines, purchases made
online, and other investment opportunities
3. Venture capital and entrepreneur involvement
4. Automated departments within corporations
from digital software and development
5. Increase individual’s financial privacy, rights,
and security
6. Free bank accounts to the over 50% of Earth’s
population that doesn’t have one
7. Cost savings from decreased work load
8. Preferred method of international trade,
internet purchasing, and money remittance
Bitcoin helps ordinary people
•
•
Argentina’s mismanagement of its currency has
led to inflation, capital controls, and the
destruction of family savings
People are using “old Android phones” to
acquire and store bitcoins
Source: Gigaom.com
Probable Effects
•
•
•
•
Bitcoin will promote more digital currencies,
new competition for banks and Government
issued fiat currency
More markets will learn about bitcoin and spike
the price, it will remain volatile
Entrepreneurs will use bitcoin to solve issues
and more investors will enter
US government will have the harshest law set
pertaining to digital currency
15