When Was Bitcoin Created? Here's Everything about Its Origins

New to Bitcoin? Confused? Need help? You've come to the right place.

Bitcoin is an internet based decentralised currency. Similarly to Bittorrent, but Bitcoin uses a public ledger called the blockchain to record who has sent and received money. It's very new, and for many very confusing. BitcoinHelp aims to rectify this. Whether it be explaining how it works, how to use it, how to buy Bitcoins, how to integrate Bitcoins into your business. Sharing your successes as well as failures in order to help others is also gladly received. Ask away!
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Grams Helix Bitcoin Mixer

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the fed reserve wants to create fedcoin, you saw a glimpse of it in the first covid stimulus. what is stopping them from fully implementing it and how would it affect the adoption of bitcoin?

i want to invest a good percentage of my money in bitcoin to hedge against the collapse of the us dollar as the worlds reserve currency, but whats stopping the federal reserve from say:
ex: “today we are fully adopting the fedcoin. every citizen will have an account at the federal reserve and we will give you (insert fedcoin amount here) for every USD you have. all national debt will be erased/adjusted and we will be renewing the fedcoin as the worlds strongest reserve currency!”-mr. government
majority of people in the US would immediately adopt fedcoin without even thinking twice, whatever their government tells them to do, theyll do it. so wouldnt a stunt like this would really hurt bitcoin?
help me understand.
submitted by sendddit to Bitcoin [link] [comments]

I'm new to the crypto idea, I heard Monero is better to BitCoin. How do I use it, including creating wallets and how do I keep it safe from hackers? Also can it be converted into dollar bills? I heard Australia is considering going cashless, so I'm getting a bit nervous about other regions.

...Oh and converting between Bitcoin and Monero safely,
submitted by PurpleIsTruth to Monero [link] [comments]

(Serious) Who created bitcoin? How is this still a mystery?

submitted by calvinwashere2 to AskReddit [link] [comments]

the fed reserve wants to create fedcoin, you saw a glimpse of it in the first covid stimulus. what is stopping them from fully implementing it and how would it affect the adoption of bitcoin? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

(Serious) Who created bitcoin? How is this still a mystery?

submitted by urlradar3 to askweb [link] [comments]

So what happened to all that big talk about how when there is a disaster or widescale collapse, Bitcoin will be stable and it's holders will emerge to create a bright new world?

Oh right, it was bullshit.
submitted by A_Year_Of_Storms to Buttcoin [link] [comments]

AANTONOP: Bitcoin Q&A: How is a Multisig Address Created?

AANTONOP: Bitcoin Q&A: How is a Multisig Address Created? submitted by sexyama to BitcoinTutorial [link] [comments]

DeFi for Bitcoin on RSK is expanding. Find out more IOVLabs CEO Diego G. Zaldivar on the current state of Bitcoin DeFi, and how RSK and RIF are creating a complete financial system that holds true to the same values of openness and neutrality as Bitcoin

submitted by Maritu_ to rootstock [link] [comments]

AANTONOP: Bitcoin Q&A: How is a Multisig Address Created?

AANTONOP: Bitcoin Q&A: How is a Multisig Address Created? submitted by sexyama to BitcoinTutorial [link] [comments]

Bitcoin Q&A: How is a Multisig Address Created? | Blockchained.news

submitted by Thornsb to BLOCKCHAINEDNews [link] [comments]

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal.

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal. submitted by Crypto-Guide to Bitcoin [link] [comments]

How difficult is it to create a new bitcoin exchange?

A look at CoinMarketCap will show a plethora of exchanges. Some are established; others obscure. Some accept fiat; others just crypto. Some are international; others more localized.
How easy (or difficult) is it to create a new exchange? To make the process simpler, it will only accept bitcoin and alts and does not bother with any KYC.
What’s required from a technical (programming) side? Does the site need to be built from scratch? Or is their an established template(s)?
What’s needed from a financial perspective? How much would the site cost – creation, maintenance, employees, infrastructure? How do the owners of the smaller exchanges find the money to get started?
Let’s say the site processes bitcoin and some other altcoins. Does it need a “hot wallet” of all those coins? Or does it dip into wallets it holds on other exchanges as and when the need arises? How does this work?
I am curious if anyone can shed some light on how this idea might work in practice.
submitted by bintytinty to Bitcoin [link] [comments]

Bitcoin was not created to be a store of value - why? Because this already exists, i.e., Gold, and like Bitcoin its market realized in 2009 that fiat is not worth the paper it’s printed on. Here is how people ran to the store of value in 2009. Why fix the store of value while fiats are the problem?

Bitcoin was not created to be a store of value - why? Because this already exists, i.e., Gold, and like Bitcoin its market realized in 2009 that fiat is not worth the paper it’s printed on. Here is how people ran to the store of value in 2009. Why fix the store of value while fiats are the problem? submitted by wisequote to btc [link] [comments]

Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet (current BTC/USD price is $9,193.91)

Latest Bitcoin News:
Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

"There is a ton of good news coming for the BSV platform over the next 6 weeks. Book explaining how Craig created Bitcoin by reputable journalist, CoinGeek and Genesis and some other things that are still confidential. Its going to be a fun few weeks."

submitted by CityBusDriverBitcoin to bsv [link] [comments]

When is a bitcoin created and how do miners receive rewards for mining it?

I'm kind of new to this so if I make mistakes, I'm sorry.
  1. If I'm not wrong the goal is to solve problems and try to find a random hash that has a lot of 0's at the beginning and if I'm not wrong a lot of hashes make up a bitcoin, so what defines that number? Also, is bitcoin made up of a lot of those hashes with 0's at the beginning?
  2. Once a new bitcoin is created, how do the miners get credited? Do they get bitcoin to their bitcoin wallet, if so, how? if not, how? Also, what defines exactly how much they get and who gets it? Let's say there are 2 miners in total and the first one has already been mining for a few days while the other just starts and solves the problem in 10 minutes, who gets rewarded and how much?
  3. If I randomly solve a hash on my computer and get the needed amount of 0's at the beginning and everything matches and it's the right one, what does that mean? what do i do? Did I manage to "create" a new bitcoin? If so, how much and how do i get rewarded and in this situation am i the only getting the reward or not? Also, how do i get the reward? How can I let the world know that I solved it?
submitted by SilenceBRB to Bitcoin [link] [comments]

How to Create a Bitcoin Wallet That is Most Safe and Secure in a Very Easy Way?

submitted by Mr_SauravKT to Best_BitcoinWallet [link] [comments]

"There is a ton of good news coming for the BSV platform over the next 6 weeks. Book explaining how Craig created Bitcoin by reputable journalist, CoinGeek and Genesis and some other things that are still confidential. Its going to be a fun few weeks."

submitted by cryptorebel to bitcoincashSV [link] [comments]

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal.

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal. submitted by Crypto-Guide to keepkey [link] [comments]

BTG was created to offer a fair option, even to small miners, by creating a truly decentralized network.The mining stats show how hashrate is distributed among 13 + different services. miningpoolstats.stream/bitcoingold #gpu #mining #cryptocurrency #bitcoin #decentralized @miningpoolstats

BTG was created to offer a fair option, even to small miners, by creating a truly decentralized network.The mining stats show how hashrate is distributed among 13 + different services. miningpoolstats.stream/bitcoingold #gpu #mining #cryptocurrency #bitcoin #decentralized @miningpoolstats submitted by Asabmoni to BitcoinGoldHQ [link] [comments]

Everybody in Bitcoin should know this piece of history of money: How a banking cartel created the FED in 1913. The new threat is again an industry cartel. Don't allow it. Keep Bitcoin under control of users, people.

Recommended read: "The Creature of Jekyll Island" by Edward Griffin. (Jekyll Island is where the bankers met, the creature is the FED)
submitted by Amichateur to Bitcoin [link] [comments]

Can a country who's inflation rate is astronomically high like Vietnam just make a new currency, like how Bitcoin was just created out of nowhere, and use that as their standard instead?

Secondary question, could the US buy Bitcoins and use those to pay off the national debt?
Hows about using said purchased Bitcoin or other crypto currency for any future projects/endeavors?
submitted by Xiaxs to NoStupidQuestions [link] [comments]

What is Bitcoin? Bitcoin Explained Simply for Dummies ... How to Create A Bitcoin Wallet Account - YouTube How Are Bitcoins Created? How to create a bitcoin wallet  Beginners Tutorial  BTC ... How Are Bitcoins Created?

Why was Bitcoin Created? Included in the very first block of the Bitcoin blockchain is the following headline, taken from a British newspaper. “Chancellor on brink of second bailout for banks.” The headline included in Bitcoin’s first block. Image credit: The Times. Bitcoin was released directly after 2008. The whole financial system was in trouble at the time and central banks started ... Free bitcoin wallets are available for all major operating systems and devices to serve a variety of your needs. For example, you can install an app on your mobile device for everyday use or you can have a wallet only for online payments on your computer. In any case, choosing a wallet is easy and can be done in minutes. Choose your wallet. Get Bitcoin. You can get Bitcoin by accepting it as a ... Bitcoin was created by Satoshi Nakamoto, (almost certainly) a pseudonym, that no one has been able to conclusively connect to an actual person or group of people to this day. Nakamoto vanished from the internet in 2011, leaving few clues as to who they might be. Over the years, many people have publicly claimed to be Satoshi, all failing to support the statement with indisputable facts. In an ... Miners secure the Bitcoin network and process transactions. Without miners, Bitcoin would be vulnerable to attack and become worth nothing. In return for their security and processing services, miners are rewarded with new bitcoins (and transaction fees). Why was Bitcoin created? Mac. Follow. Oct 14, 2017 · 7 min read. To some, the fact that Satoshi, the “inventor of Bitcoin”, is an unidentified person or group of people, raises some red flags ...

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What is Bitcoin? Bitcoin Explained Simply for Dummies ...

Who ACTUALLY Created Bitcoin - Duration: 12:47. The Infographics Show Recommended for you. 12:47. How transactions are verified in Bitcoin Blockchain - Longest chain rule explained - Duration: 5 ... This video will show you how to create a bitcoin wallet account. To set up a bitcoin wallet account click on the link below: https://login.blockchain.com/#/s... Simple tutorial for beginners about how to create a cryptocurrency wallet and securely back up Bitcoin and Bitcoin Cash funds. BTC.com is a cryptocurrency wa... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... In this module you will learn how bitcoins are created and why miner distribution is one of the key measures of bitcoin network security. Here is a free link for the first 100 sign-ups to the ...

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