Bitcoin bitcoins btc invest bitcoin investment investing in bitcoin how to invest in bitcoin investing bitcoin bitcoin investment trust how do i invest in bitcoin btc double my bitcoins double bitcoins double my btc double btc bitcoin doubler multiply bitcoins bitcoin multiplier increase bitcoins free bitcoin free bitcoins free btc

Bitcoins bitcoin btc double bitcoin double btc double my btc double my bitcoins double my bitcoin bitcoin doubler double btc btc doubler invest bitcoins investing bitcoin investing in bitcoins bitcoin investing guide trust bitcoin invest sites sites bitcoin investing websites best websites top sites top websites to best websites to invest my bitcoins where to invest my bitcoins where to invest btc top btc investing websites best btc investment multiply bitcoins multiply bitcoin multiply btc increase bitcoins multiply your bitcoins increase bitcoin bitcoin multiplier btc multiplier free bitcoins free btc mining mining double your bitcoin in 24 hours bitcoin investment bank should i invest in bitcoin 48 hours bitcoin investment fund 72 hours hyip bitcoin 96 hours 100 hours how to sell bitcoins how to sell bitcoin technology

Companies stock can i make money with bitcoin how to make money with bitcoin bitcoin secret bitcoin tricks best opportunities bitcoin mining bitcoin price bitcoin stock how to get bitcoins cheap bitcoin discount bitcoin bitcoin exchange bitcoin exchanges bitcoin news bitcoin market bitcoin wallet best bitcoin wallets top bitcoin wallets btcoin trading wallet where to buy bitcoins where to buy bitcoins online where to get bitcoins where to get how to get free bitcoins bitcoin trading secrets how to increase your bitcoin where to invest your bitcoins best tricks top opportunities how to invest your bitcoins trust where to buy btc bitcoin market price investing in bitcoins btc market prices bitcoin investing strategy how to stock can i make money with bitcoin profit system bitcoin lending bitcoin gambling guide bitcoin gambling secrets how to gamble with bitcoin bitcoin betting tricks best bitcoin gambling secrets mining stocks companies startups best way to how to gamble with bitcoin and win bitcoin betting techniques bitcoin gambling hack bitcoin generator bitcoin hacks bitcoin secrets bitcoin double spend bitcoin guide how to invest in bitcoin stock bitcoin guides how to hack bitcoin how to steal bitcoins bitcoin betting hacks bitcoin investors 2015 multiply your bitcoins should i buy bitcoin where to where should i invest my bitcoins is bitcoin a good investment bitcoin mining for beginners why should i buy bitcoins why buy bitcoins where to buy bitcoin best top bitcoin invest strategies best strategies best btc investment opportunities where to purchase bitcoins for cheap buy bitcoins with credit card buy bitcoins with paypal buy bitcoins online with bank account buy bitcoins with credit cards buy bitcoins with paypal account how to double spend bitcoin best downloads top bitcoin downloads top bitcoin hack downloads best bitcoin hacks best bitcoin hacking tools hacking tools number 1 bitcoin download hacks download hacking software bitcoin hacks btc hacking software bitcoin hack software invest btc bitcoin hacking software free btc hacking tools free bitcoins download hacks bitcoin mining calculator top bitcoin invest websites investing in bitcoin best number one bitcoin invest site best bitcoin invest site top websites best website #1 bitcoin investing site top best invest all my bitcoins invest my bitcoins best how do

website where to invest my bitcoins btc invest website btc investing website btc investing website btc investments btc investment site best btc investment site sites to invest my bitcoins website where you can invest your bitcoins sites where you can invest your bitcoins sites where you can invest my bitcoins solution solutions sites invest my bitcoins where should i invest my bitcoins firm best where hyip bitcoin 2016 stock now how to where to where to invest my btc where to invest my bitcoins best btc investments best investing in bitcoin sites top should i invest in bitcoin 10 btc investing sites top btc investment websites best bitcoin investments best opportunities bitcoin mining software bitcoin gambling software bitcoin betting software best bitcoin gambling websites mining pool top bitcoin mining pools highest paying bitcoin mining pools top paying bitcoin mining pools best paying bitcoin mining pool bitcoin mining profitable bitcoin mining hardware mining hardware buy cheap bitcoin mining hardware best bitcoin mining hardware bitcoin secrets bitcoin tricks bitcoin btc price buy bitcoin instantly where to buy bitcoins instantly with credit card buy bitcoins with paypal account where to buy bitcoins instantly using paypal is bitcoin a good investment for the future bitcoin gambling secrets bitcoin gambling tricks best bitcoin gambling sites best websites to gamble bitcoins top bitcoin gambling websites how to win at bitcoin gambling bitcoin gambling guide strategy trust return today investing bitcoin for the future website for investing bitcoins website website where to how to invest my bitcoins website for bitcoin investments invest coins coin investment mining bitcoin mining investment Bitcoin Invest investment investing 100 interest rate money double money x2 usa online payments digital cryptocurrencies startups Volabit Satoshi Tango Electronic Cash System Miners BTC Forex FXOpen trading broker btc doubler Crypto account Litecoin LTC Namecoin NMC Peercoin PPC bitcoin investors 24/7 leverage trader trade spread margin commission Address Bit Block Chain Confirmation Cryptography Double Spend Hash Rate Mining Private Key Signature Wallet Block Anonymity Cryptocurrency Digital Money Virtual trust Currency bitcoin invest invest with bitcoin how to bitcoin as an investment how to bitcoin as investment bitcoins

investment investing in bitcoin bitcoin how to as an investment how can i invest your bitcoins how to invest your bitcoin can you invest in bitcoins why can you return strategies where to how to where to can i when to how to invest with bitcoin bitcoin price bitcoin value bitcoin stock bitcoin chart bitcoin stock symbol bitcoin etf bitcoin stock price should i bitcoin stock exchange bitcoin shares btcoin trading fund bitcoin share price bitcoin quote bitcoin currency bitcoin price chart bitcoin value chart virtual money bitcoin fund bitcoin stock chart currency investment mining invest bitcoin stock invest bitcoin casino and earn 2016 online uk sites and earn daily online atm bitcoin invest advice invest against bitcoin australia a good idea invest in a bitcoin mining pool invest in a bitcoin mining company best company bitcoin invest calculator canada chart currency cloud mining mining company cara invest-bitcoin.com double dice exchange etf bitcoin invest fund for dummies forum from india for bitcoin free gambling bitcoin invest games guide good or bad google or gold invest bitcoin hyip how to hourly interest stock invest investing in bitcoin in bitcoin mining now uk or litecoin companies startups should i where can i should i 2014 should 2013 kaskus investments like bitcoin or litecoin invest in things like bitcoin invest my bitcoin mining pool miner no minimum bitcoin-invest.in mmgp bitcoin invest now news bitcoin invest or not invest bitcoin.org profit system profit system review bitcoin price invest reddit invest-bitcoin.com review shares startup bitcoin invest script strategy shop should situs invest to bitcoin bitcoin invest trust tips technology bitcoin to invest or not tempat invest using bitcoin can u vs litecoin invest with bitcoin winklevoss bitcoin wykres invest invest your bitcoin 0.001 invest 0.01 bitcoin invest 0.05 bitcoin 2015 200 investing bitcoin 2014 fund 2013 double bitcoins legit double bitcoin in 100 hours double bitcoin in 24 hours double bitcoins in 72 hours bitcoin hyip deep web 12 hours

script legit double spend attack bitcoin double spend attempt bitcoin accidental double spend bitcoin double address bitcoin double speed attack bitcoin address double what is a bitcoin double spend bug bitcoin double bottom double bot bitcoin bitcoin double spending bug bitcoin check double spend bitcoin double spend detection bitcoin difficulty double depense bitcoin double exploit bitcoin double spend example free bitcoin double geometric method get bitcoin double hash double bitcoin 100 hours invest btc bitcoin double spend hacker news in one hour double bitcoin in 48 hours double your investing in bitcoin bitcoin in 24 hours double your bitcoin in one day double spending in bitcoin double my bitcoin bitcoin double mining double geometric method bitcoin make bitcoin double or nothing bitcoin double precision bitcoin double payment bitcoin double spend protection double paiement bitcoin bitcoin double pay bitcoin-qt double spending double your bitcoins reddit bitcoin double spend bitcoin double sha256 bitcoin double spend tool bitcoin double spend script bitcoin double sha terpercaya bitcoin double top bitcoin double transaction bitcoin double trouble double your bitcoin tor bitcoin double up double vpn bitcoin double spend bitcoin wiki bitcoin why double hash bitcoin why double sha256 double your bitcoin double your bitcoin in 100 hours 2015 bitcoin miner bitcoin mining hardware bitcoin calculator bitcoin hardware mining bitcoins bitcoin rate mining hardware bitcoin miner calculator trust bit mining bitcoin mining difficulty litecoin mining calculator btc miner mining for bitcoins btc mining calculator bitcoin hash rate bitcoin hash bitcoin profit calculator bitcoin difficulty chart bitcoin mining rate bitcoin hash calculator bitcoin mining speed bitcoin hashrate bit mining calculator difficulty bitcoin script free legit bitcoin doubler 2017 btc doubler download script free download bitcoin doubler monitor bitcoin doubler script nulled bitcoin-doubler bitcoin doubler review software anonymous bitcoin-doubler avis what is a bitcoin-doubler.com review bitcoin check double spend bitcoin-doubler.com double-bitcoins.com bitcoin difficulty detect double spend bitcoin double depense fund http //bitcoin-doubler.com/ is legit bitcoin doubler legit 2016 bitcoin double or nothing opinie paga sites doubler ses bitcoin double bitcoin 100 hours double bitcoin 24 hours double bitcoin 2015 bitcoin bitcoins investing in bitcoin btc double my bitcoins trust


Ultimate Investment Solutions for Ƀitcoin
  • invest bitcoin btc doubler free bitcoins
  • investing in bitcoins bitcoin investment free btc
  • bitcoin doubler bitcoin mining investing bitcoin

Invest Bitcoins and get double of your investment after just five days.

(min 0.01 Bitcoins)

BtcInvest® offers a great way to invest bitcoins by providing the hottest bitcoin investing service on the Internet. BtcInvest® is the best option when it comes to doubling or multiplying your bitcoin investments.

We have developed tools which allow us to invest safely on different online trading platforms.

We have studied the Bitcoin marketplace very closely, as well as other digital currencies, and we have build BOTS with AI (Artificial Intelligence). We have also created a database with all the trading volumes available on digital currencies and which is updated daily, allowing the bots to spot different patterns in price movement. The BOTS use different strategies, and they are capable of adapting to any online trading platform. Simple BUY and SELL orders (calculated by complex algorithms) placed on different trading platforms have the leverage and ability to manipulate the markets.

Having more BTC involved in our investments would allow us to get a higher return on investments for us and for investors.

That is why we have launched this website, where you can make an investment, and we will give you a 100% interest rate within five days; this means that your investment will be doubled when returned to you within the following five days (120 hours).

All you have to do is decide how much BTC you want to invest, and just go to the Invest Now tab, enter your Bitcoin Address, push the button "Invest Bitcoin", and transfer some Bitcoins to the address provided. Your investment will be doubled and will be transferred to your wallet within five days (120 hours). (Please note, we do not accept investments below 0.01 Bitcoins; transfers of less than 0.01 Bitcoins will be returned to the sender.)

Our Clients

  • bitcoin bitcoins
  • free btc bitcoins
  • free bitcoin increase bitcoins
  • bitcoin hyip invest bitcoin
  • increase bitcoins double my btc
  • double my bitcoins btc doubler
  • double my bitcoin multiply bitcoins
  • btcoin trading invest in bitcoin

BtcInvest offers an incredible way to invest bitcoins! Investing your bitcoins is the number one best bitcoin secret and trick in the bitcoin gambling realm. Similar to bitcoin mining, you are able to discover the biggest and best bitcoin secrets on how to steal bitcoins and how to invest in them. Stealing BTC is not something anyone should be doing and is highly frowned upon by the bitcoin gambling community. There are several bitcoin generator downloads and top paying bitcoin best kept secrets and other bitcoin guides out there that you need to be aware of when entering the world of free bitcoins. You always need to watch out for new companies pretending to have some of the best secrets to making money with bitcoin. We can offer you top strategys that normally cost a fortune of bitcoin stock to purchase. One way to increase your bitcoin wallet size and multiply the amount of bitcoins you own in your Blockchain wallet hacks-free interface is to download free bitcoins and bitcoin tools that claim to protect you and bitcoin cold storage hacks. Check out best btc hacks and best btc investing websites, or even profitable bitcoin investing secrets. You ask yourself "Can I make money with bitcoin?", and the answer is yes. Cheapest bitcoins are usually bought instantly on the spot with credit cards, PayPal, or even a bank account. Some bitcoin services offer to multiply, double, triple, or even 100 times fold your bitcoin in just a matter of hours.

The best ways to make money with bitcoin is to invest bitcoins on a daily basis and find out about bigger and better that will surely double your bitcoins or triple your btc within 24 hours, 48 hours, 72 hours, 96 hours, or 100 hours. Bitcoin news sites often have links on their sites to free btc and other info on where to buy bitcoins instantly for the best price or the best bitcoin market rates. Trade secrets show us that we are the smartest service on the Internet today. Bitcoin betting techniques have shown us over time that gambling with bitcoins and bitcoin gambling secrets are very good ways to increase your bitcoins. Discount bitcoin always sounds nice but it doesn't always seem to give the best bitcoin mining secrets. It's possible that sites that tell us where to buy bitcoins don't compare to websites that provide downloads to bitcoin gambling hacks and other free downloads to the best bitcoin gambling hacking tricks on the bitcoin market. Bitcoin exchanges such as CoinBase have been investing and doubling their since the beginning and know all the best tricks to bitcoin double spend hacking. It might be wise to do a study on the bitcoin profit system or look up bitcoin mining tutorials, or even how to hack bitcoin videos. Just be careful for the bitcoin gambling hacks when they come for your free BTC that you collected from bitcoin faucets. It might just be easier to win free bitcoins and enter your information in free bitcoin giveaways and awesome bitcoin sweepstakes. Winning bitcoins is one of the funnest things but investing in the bitcoin stock is the best way to go about borrowing or lending bitcoins.

Many people realize that the best places to buy btc is online. Bitcoin investments turn into free bitcoins when it comes down to it. It takes a lot of time and skill to know how to double spend a good amount of BTC and successfully duplicate your bitcoin investment in under 24 hours. If you want to know how to always win bitcoin on the biggest and most popular bitcoin gambling websites you need to look no further and head over to our bitcoin betting techniques guide center. It will show you how to bet with bitcoins and all the best bitcoin secrets and bitcoin gambling strategies known to the gambling community. Other bitcoin startups might not be as expensive but bitcoin mining hardware always comes with a high price. It's a shame that bitcoin has so much to do with negative actions such as bitcoin double spending, bitcoin hacks, bitcoin generator hack, bitcoin generators, bitcoin mining hack, bitcoin downloads, download bitcoin hack, best bitcoin mining investment tricks, bitcoin lending scam, and other bitcoin software downloads. It would be nice if the Internet contained more on where to buy bitcoins using paypal or even bitcoin blockchain hacks. There are so many articles on the web that pertain to bitcoin gambling hacks, how to steal bitcoins like a pro, bitcoin scams, bitcoin mining pool hacks, mining pool hacking, bitcoin exchange hacking, and even show you where you can buy bitcoins with constant bitcoin gambling winning secrets and never lose bitcoin gambling tricks. There are however lots of websites that contain links to cheap bitoin mining hardware and extremely profitable bitcoin mining technology.

If searching for a site on where to buy bitcoins you don't have to look very far. Bitcoins are always around us and new secrets are always surfacing every day. There are lots of tutorials on how to buy bitcoins instantly and where to invest bitcoins safely. Sometimes if you get lucky you will be able to get free bitcoins all the time but a better way to get totally free bitcoins and completely free BTC is to watch videos on where to invest my bitcoins as well as investing bitcoin secrets and even bitcoin invest profit system practices. We hope that this information has helped your bitcoin wallet grow every day and make you so rich with bitcoin that you don't know what to do with all of it. Bitcoin investing guides can help a lot and show you where you should be investing your bitcoins on a daily, weekly, monthly, and even yearly basis. There is no hidden secret trick to bitcoin investors, just look right next to you and you'll probably see a free bitcoin sticker. Often we find ourselves in some of the best opportunities and we are too blind to act on them and mulitply our bitcoins. We need to be doubling our bitcoins every day, constantly, seven days a week. Investing in bitcoin mining hardware startups isn't always the best option when it comes to investing your btc. Just do some research on where to invest bitcoins and you should find out that BtcInvest is the only good option and soon you'll realize that it's the very best site on the entire internet.

As bitcoin prices dominate headlines, you might be wondering whether you should invest in the popular cryptocurrency. Probably not: It's just too volatile. The virtual currency is known for wild fluctuations in price. The value of one bitcoin—which was created in 2008 by an anonymous programmer or group of programmers—reached its all-time high of $1,165.89 in November 2013 before taking a major dive, according to CoinDesk data. Since then, prices have more or less inched up, and at the turn of the year, they started to approach record highs. On Thursday, the value of a bitcoin reached $1,153.02. However, later Thursday morning, prices suddenly fell by about $200. "Liquidity dried up—no shorts, no sellers, which means a volatile little bubble formed quickly," Peter Smith, chief executive of bitcoin wallet Blockchain, told CNBC. Those sudden ups and downs would be bad news for your portfolio. Although bitcoin had a more than 100% return on investment in 2016, it's also five times more volatile than the S&P 500, said Campbell Harvey, a professor of finance at Duke University, who described bitcoin as "an extremely risky investment." Even if you were to buy bitcoin low and sell high, you still might not see the big payday you're hoping for. "You try to sell it, and by the time the order goes through, the price may have dropped," said Matthew Elbeck, a professor of marketing at Troy University. "It's really, really not worth it for the ordinary consumer." If you do choose to take the plunge and buy a bitcoin, make sure it's a very small part of your diversified portfolio—and that you can afford to lose your investment. "I would never recommend this on a stand-alone basis," Harvey said. Still, for some people living internationally—like Venezuelans plagued with a shortage of cash and those in China, where the government has restricted movement of capital outside of the country—bitcoin presents an attractive option to get ahold of cash, Harvey said. Its rising popularity in these countries are part of the reason behind bitcoin's recent surge. Regardless of bitcoin's ups and downs, the technology behind it—particularly the blockchain, the common ledger that the virtual currency uses—could have a long-lasting impact as a medium of exchange. As Harvey told MONEY's Taylor Tepper in 2015:

Should You Invest In Bitcoin?

That’s a decision you’ll have to make on your own, but what you should consider are the fact that Bitcoin still remains one of the most watched and speculated currencies of all time.  Here are a few very interesting fact regarding bitcoin, and something to think about when pondering if this coin will rise to astronomic heights, or shrivel and fade away.

Deciding on whether to invest in Bitcoins or not, should not be based on it’s USD-Bitcoin pricing valuation at the moment.  That number is no where near it’s real mark.

Research Bitcoin, what it is used for, what it would do for society, and if you believe it’s going to be adopted, then invest in it.  Never purchase what you cannot afford to lose, and don’t take more risk than you are comfortable with.

Decide how you want to invest in bitcoin as there are many ways to acquire it.  You can and ride it’s price value then sell it.  Many currency traders use to handle their trades for them automatically.  You can buy a select amount of coins, and hold onto them.  You can try your hand at and generate them that way.

No matter what you do, Bitcoin is sure a fun and interesting thing to watch!  We hope you like this information and come back to visits soon.

Please leave your comments below!

 

Bitcoin: Virtual money or risky investment? By Claes Bell • Bankrate.com In an age when most of our money is little more than electrons in our banks' computers, it may feel like bitcoins and other virtual currencies aren't that different from the dollars you directly deposit into your account each week or the 401(k) account that holds your nest egg. But bitcoins are different. It is an online currency that can be transferred through a computer or smartphone without an intermediate financial institution. While it's true that many investors these days experience their portfolios primarily as numbers on a computer screen, owning a stock means you have a small piece of something that's at least partially tangible. That is, the company has offices, factories and other assets. Similarly, all those blips in your checking account can be withdrawn as cash and carried around in your wallet, and that cash is backed by the financial -- and literal -- firepower of the U.S. government. Share this story LinkedIn Delicious Reddit Stumbleupon Email story On the other hand, bitcoins exist almost exclusively as entries on a giant virtual ledger stored on computers worldwide. While the purely digital nature of bitcoins may make some uncomfortable, it does have a major upside: A user's bitcoins can't be frozen by an angry government, and the movement of bitcoins in and out of a country can't be prevented, says Jelena Mirkovic, a computer scientist and assistant professor at the University of Southern California's Information Sciences Institute. Bitcoins are created or issued by a central bank. They are created by "miners," who solve one of a series of increasingly complex math problems through a combination of computing power and luck, Mirkovic says. A miner who solves the problem gets to put his name next to a predetermined number of bitcoins on a ledger, which records all bitcoin transactions and is constantly shared and updated by a peer-to-peer network similar to the original version of the music-sharing service Napster. The number of bitcoins and the speed at which they can be created is mathematically limited, with successful mining that earns fewer and fewer bitcoins over time until the number reaches a little less than 21 million. That's when it stops. "You're trying lots of different combinations to find the solution," Mirkovic says. "There is not a way to solve this quickly, so you have to just do a lot of trials in order to find the answer, and that's what controls the market. That's what guarantees that you can't just manufacture lots of coins." An unconventional currency When it comes to actually making day-to-day transactions, bitcoins aren't yet as useful as conventional currency, Mirkovic says. At the moment, only a handful of businesses, mostly online, accept bitcoins as payment, including blogging site WordPress and Reddit. You know how if someone steals your debit card information and makes a bunch of purchases, you can report the theft and get your money back? That doesn't happen with bitcoins, which puts the onus for security squarely on users. In order to make a bitcoin transaction, you need a "private key" that corresponds to the bitcoin address where your coins are held. That key consists of a code consisting of a long string of numbers and letters, which bitcoin users can keep on a slip of paper or in a file on their computer. Programs called "wallets" also can be used to keep track of a user's private keys. Without that key, it's pretty much impossible for a thief to steal a user's bitcoins, Mirkovic says. But should someone manage to gain access to a bitcoin owner's hard drive though malware or other means and steal their private keys, they could use it to transfer that owner's bitcoins to themselves. Once done, such transactions, like all bitcoin transactions, are permanent and irreversible. To prevent that, bitcoin users should consider storing their private keys on a separate computer than the one they use for day-to-day transactions and browsing so that they're out of reach of hackers, Mirkovic says. Compared to more conventional investments such as stocks or bonds, the market for bitcoins is still in its infancy. Read more: https://www.bankrate.com/finance/investing/bitcoin-virtual-money-risky-investment-1.aspx#ixzz4ZCR7u6gk Follow us: @Bankrate on Twitter | Bankrate on Facebook

In this article, we’ll talk about Investing in bitcoin, and if it’s a smart play or not.  There’s a few factors at play other than the price of bitcoin that you should be aware of before making your decision.  We’ll also cover a few ways to invest in the digital currency.

Bitcoin has been one of the most amazing currencies to watch in the history of mankind.

First of all, the value of Bitcoin is only as strong as the trust that the Bitcoin community places in it, which means it holds an intrinsic value and not a real value such as gold, silver or land.  Those commodities will always hold value, and can be traded no matter what happens in the world.  If someone were to pull the plug on our power grid, bitcoin would literally become absolutely worthless in an instant.  So would paper currencies however, so their existence has actually provided precedence for the creation of the new digital currency.

So while the faith we maintain as a society in our technological advancement grows, it also paves the way for this new phenomenon of Bitcoins and all other alt-coins.

The value of a single bitcoin rose quickly in 2013 to a record $1200 per bitcoin.  This was mainly due to a large number of quick profit opportunists jumping on the new gold rush.  It’s value has since fallen to less than half of it’s high, while the world still tries to figure out what exactly is bitcoin, and how it will become useful to the general public.

However the speed at which the currency is being adopted by huge corporations is staggering. 

Address

A Bitcoin address is similar to a physical address or an email. It is the only information you need to provide for someone to pay you with Bitcoin. An important difference, however, is that each address should only be used for a single transaction.

Bit

Bit is a common unit used to designate a sub-unit of a bitcoin - 1,000,000 bits is equal to 1 bitcoin (BTC or B?). This unit is usually more convenient for pricing tips, goods and services.

Bitcoin

Bitcoin - with capitalization, is used when describing the concept of Bitcoin, or the entire network itself. e.g. "I was learning about the Bitcoin protocol today."
bitcoin - without capitalization, is used to describe bitcoins as a unit of account. e.g. "I sent ten bitcoins today."; it is also often abbreviated BTC or XBT.

Block

A block is a record in the block chain that contains and confirms many waiting transactions. Roughly every 10 minutes, on average, a new block including transactions is appended to the through mining.

Block Chain

The block chain is a public record of Bitcoin transactions in chronological order. The block chain is shared between all Bitcoin users. It is used to verify the permanence of Bitcoin transactions and to prevent double spending.

BTC

BTC is a common unit used to designate one bitcoin (B?).

Confirmation

Confirmation means that a transaction has been processed by the network and is highly unlikely to be reversed. Transactions receive a confirmation when they are included in a and for each subsequent block. Even a single confirmation can be considered secure for low value transactions, although for larger amounts like 1000 US$, it makes sense to wait for 6 confirmations or more. Each confirmation exponentially decreases the risk of a reversed transaction.

Cryptography

Cryptography is the branch of mathematics that lets us create mathematical proofs that provide high levels of security. Online commerce and banking already uses cryptography. In the case of Bitcoin, cryptography is used to make it impossible for anybody to spend funds from another user's wallet or to corrupt the block chain. It can also be used to encrypt a wallet, so that it cannot be used without a password.

Double Spend

If a malicious user tries to spend their bitcoins to two different recipients at the same time, this is double spending. Bitcoin mining and the block chain are there to create a consensus on the network about which of the two transactions will confirm and be considered valid.

Hash Rate

The hash rate is the measuring unit of the processing power of the Bitcoin network. The Bitcoin network must make intensive mathematical operations for security purposes. When the network reached a hash rate of 10 Th/s, it meant it could make 10 trillion calculations per second.

Mining

Bitcoin mining is the process of making computer hardware do mathematical calculations for the Bitcoin network to confirm transactions and increase security. As a reward for their services, Bitcoin miners can collect transaction fees for the transactions they confirm, along with newly created bitcoins. Mining is a specialized and competitive market where the rewards are divided up according to how much calculation is done. Not all Bitcoin users do Bitcoin mining, and it is not an easy way to make money.

P2P

Peer-to-peer refers to systems that work like an organized collective by allowing each individual to interact directly with the others. In the case of Bitcoin, the network is built in such a way that each user is broadcasting the transactions of other users. And, crucially, no bank is required as a third party.

Private Key

A private key is a secret piece of data that proves your right to spend bitcoins from a specific wallet through a cryptographic Your private key(s) are stored in your computer if you use a software wallet; they are stored on some remote servers if you use a web wallet. Private keys must never be revealed as they allow you to spend bitcoins for their respective Bitcoin wallet.

Signature

A cryptographic signature is a mathematical mechanism that allows someone to prove ownership. In the case of Bitcoin, a Bitcoin wallet and its are linked by some mathematical magic. When your Bitcoin software signs a transaction with the appropriate private key, the whole network can see that the signature matches the bitcoins being spent. However, there is no way for the world to guess your private key to steal your hard-earned bitcoins.

Wallet

A Bitcoin wallet is loosely the equivalent of a physical wallet on the Bitcoin network. The wallet actually contains your which allow you to spend the bitcoins allocated to it in the block chain. Each Bitcoin wallet can show you the total balance of all bitcoins it controls and lets you pay a specific amount to a specific person, just like a real wallet. This is different to credit cards where you are charged by the merchant.