BITCOINS SECRETS, HOW TO EARN BITCOINS AS FAST AND EASY, BECOME AN EXPERT EARNING BITCOINS.

Bitcoins secrets, How to earn Bitcoins easily :

Bitcoin is a currency, and nowadays it is a revolutionary new way to become millionaire , Bitcoin is a digital currency of the new era, not relying on any bank or government, which started few years ago as an open source project . It was considered by many as just another creation of Internet geeks before it took the financial world by storm this year and was suddenly raised to the ranks of major world currencies. 

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If you jump in fast, you can be one of those who’ll reap all the benefits. Remember,the early bird catches the worm! Embrace the new e-currency,free of any government and bank limitations. Bitcoin is an absolutely new revolutionary concept: digital currency of a new era, product of an open source project created by Japanese geek Satoshi Nakamoto, called “Bitcoin: A Peer-to-Peer Electronic Cash System”. A purely peer-to-peer version of electronic cash allows online payments to be sent directly from one party to another without going through financial institutions like banks and government control. Bitcoin puts an end to Banking system parasites: Forget the ridiculous bank wire fees and commissions. 

Bitcoin is taking over the world! It was created in 2009 as an online currency that isn’t controlled by the U.S. Federal Reserve or any other central authority and just in August of last year, the exchange rate for one Bitcoin was $ 10 usd. This may seem high until you realize that today, one Bitcoin is worth roughly $ 115 usd dollars ! While you may think Bitcoin is solely a digital currency, it is already taking over the world with thousands offline ATM machines that let you exchange Bitcoin for traditional cash! 

Since Bitcoin is a currency, you can use it in exactly the same way you use any other electronic money: you open a digital wallet that can be installed on your computer or on your mobile phone and you use this wallet to pay or receive money. This is as safe (or maybe even safer) than any other digital wallet, it uses cryptography with public and private keys and all the yada-yada that guarantees security of all your electronic transactions; for example, for credit card payment or home banking. If you are a safety geek, I can assure you, I have not ever heard about any fraud that resulted from interception and cracking a transaction secured in this way. 

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Most of the computer crimes are related to breaching credit card storage systems (which simply does not exist in this case) or simply intercepting a user typing or other manipulations on the user’s own computer via various malware (this type of interception can only be excluded on the user level by properly securing one’s computer). The advantages of Bitcoin stem from the fact that your transactions do not pass through any central office,bank, etc. The transactions take place between two persons and involve the entire network to approve its validity. No banks mean that the cost of transaction is kept very low. On top of that, your account cannot be frozen, it will not depend on failing banks, bad credit history etc. Opening an account does not require any prerequisites. Just your email address is enough. Nowadays, you can use Bitcoin for almost everything: purchase music, software, hosting, video games, betting, auctions like eBay... You can even rent apartments and buy houses using Bitcoin! Nobody expected Bitcoin to gain this much traction, but it is taking over the world faster than you might think. 

Sounds too good to be true? It is true! That is why more and more retailers worldwide already sell Bitcoin. Nowadays, you can spend your bitcoins on everything from Amazon vouchers and T-shirts to apartment rentals in Berlin. If you have your own internet business, you can accept Bitcoin too. That is easy. Moreover, you can trade your bitcoins exactly the same way you can trade euros or dollars and gain money on its rate fluctuations. Just recently, a worldwide electronic money and online payment system WebMoney, which has more than 11 million users, started processing bitcoins. Besides purses nominated in US dollars, Euros or Russian roubles, you can also open a WMX-purse nominated in bitcoins and use it to exchange bitcoins against other currencies or to buy goods or services. What is Bitcoin? How does it work? How to make money with it? — This is what this book is about. By the end of our ebook, you will learn how you can profit with Bitcoin on Autopilot! 

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How it started this movement: From old mining days to taking over the world. Bitcoin as a concept was invented by a person nicknamed Satoshi Nakamoto in his/her paper “Bitcoin: A Peer-to-Peer Electronic Cash System”, which was, of course, published electronically and is available on the bitcoin site for anyone who’s interested. The essence of the entire idea is, as Nakamoto says, “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” He points out that since this system runs transaction irreversibly and not through Multicore GPU mining system (from Bitcoin Wiki) 

Any financial institution, the transaction cost is drastically reduced and trust in the system is improved. Any two willing parties can perform transaction without any trusted third-party (the distributed network plays a role of the third party). The actual Bitcoin is a file containing the chain of digital signatures of all previous owners. This approach prevents double-spending of any particular coin and eliminates the need of the central system. Any new transaction is broadcasted to all the nodes (peers) and the nodes can check validity of the coin by verifying the previous transactions. This makes counterfeiting essentially impossible. By the way, you can also earn your Bitcoins the “hard way” by helping the system to verify secure transactions. This process is called “mining” and requires a lot of computational power, typically multicore GPU system, like shown in the figure below taken from Wiki, or even specialized bitcoin miners . The algorithm is designed in such a way that mining becomes more and more complex and less and less profitable with the time. Spoiler: Stay tuned! By the end of our ebook, you will learn how you can profit with Bitcoin on Autopilot without need for Mining! 

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 Nowadays everything is possible. Bitcoin has become a valid currency, just like anything else. Contrary to other currencies, it is not backed by any government or organization, it does not have any gold value behind it. However, as we all know, being backed by a government does not protect currencies from huge fluctuations in price. In the end, the price of any currency is defined by offer and demand. If the currency is useful, if you can buy something for it, it will retain its value. Bitcoin started very low. The first documented purchase was 10,000 BTC (that is the official currency symbol for Bitcoin) for $25-worth of pizza. Since that, the value of Bitcoin has increased dramatically: BTC is currently trading at around $100 for a single bitcoin. More than 250,000 users use Bitcoin on a daily basis. What can I use my bitcoins for? As I already mentioned above you can buy things and services for it. Many merchants are using it. Funnily enough, it is getting very popular with sex shops and internet sites selling illegal drugs. They both use another very important feature of bitcoins: their anonymity. Since the system Amount of bitcoins in circulation is decentralized and cracking the complete transaction history is close to impossible, Bitcoin becomes quite popular in this kind of trade as well. However, if you would browse through the blogs to find out what is the most popular use of bitcoins, you will notice that by far the most popular is investment. On one hand, many believe that Bitcoin is destined to grow .

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