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Lesson 2: Essentials Of Bitcoin

Thu Jun 21, 2018 4:52 pm

Lesson 2: Essentials Of Bitcoin
You learned you can use a wallet to protect and access your money. Bitcoins are stored in a public ledger called the blockchain, and you can buy bitcoins at exchanges and ATMs. Moreover, bitcoin is not printed like regular money. It’s discovered or ’mined’ by a network of computers worldwide. Until bitcoin becomes an established currency for payments globally, it will probably continue to be more popular among traders and price speculators rather than with the general population. As a result, the price is subject to the market forces of supply and demand which, at this point, goes hand in hand with the trends and whims of speculators. As a result, the price can move suddenly and sharply up or down in response to new events.

If you have any questions regarding this lesson, please post below and one of our helpful staff or community members should be able to assist you.
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Fabulka
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Re: Lesson 2: Essentials Of Bitcoin

Thu Feb 28, 2019 4:56 pm

I understand how the foundations of Bitcoin. But how often is it possible to change the price of bitcoin?
Hi)

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