What is Bitcoin? Bitcoin Explained Simply (2020 Updated)

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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popcoin: Bitcoin drama

this subreddit is closed. if you would like to moderate the subreddit, please [message the moderators](/message/compose?to=/popcoin).
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rEvolution Reddit

We are an activist hivemind based on the principles of **equality, freedom and democracy**. Fighting for the [free flow of information](https://youtu.be/iY57ErBkFFE), we will operate as a free and open subreddit.
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08-31 08:56 - 'Very new to Reddit as a poster! Might not have done it the correct way (expecting to put some explanation under the photo, but app wouldn't let me) / Anyway, I buy and sell antiques as a hobby. I am holding bitcoin and w...' by /u/MDantiquesuk removed from /r/Bitcoin within 707-717min

'''
Very new to Reddit as a poster! Might not have done it the correct way (expecting to put some explanation under the photo, but app wouldn't let me)
Anyway, I buy and sell antiques as a hobby. I am holding bitcoin and wanted to link the two. Just posted this as a story on my antiques page (MDantiquesUK on socials) hoping it adds incentive to new comers to bitcoin, encouraging them to get in the market as well as creating a new way of buying antiques.
Use new currency, to buy old things!
Any feedback would be appreciated. Any follows on social media (MDantiquesUK on Twitter, insta and Facebook) would be appreciated.
Any sales using bitcoin would be greatly appreciated!
[Instagram]1
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: MDantiquesuk
1: w*w.i*stagr*m*co*/md**tique*uk/?*l=en
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Bitcoin mentioned around Reddit: Once you earn it you get my explanation or do you get my explanation or do you get to keep it for the new Star Wars Jedi: Fallen Order — Official Reveal Trailer /r/SubredditSimulator

Bitcoin mentioned around Reddit: Once you earn it you get my explanation or do you get my explanation or do you get to keep it for the new Star Wars Jedi: Fallen Order — Official Reveal Trailer /SubredditSimulator submitted by cryptoanalyticabot to cryptoall [link] [comments]

Bitcoin mentioned around Reddit: Once you earn it you get my explanation or do you get my explanation or do you get to keep it for the new Star Wars Jedi: Fallen Order — Official Reveal Trailer /r/SubredditSimulator

Bitcoin mentioned around Reddit: Once you earn it you get my explanation or do you get my explanation or do you get to keep it for the new Star Wars Jedi: Fallen Order — Official Reveal Trailer /SubredditSimulator submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Bitcoin Lightning Network vs Nano - Video explanation and demonstration /r/nanocurrency

Bitcoin mentioned around Reddit: Bitcoin Lightning Network vs Nano - Video explanation and demonstration /nanocurrency submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Bitcoin Lightning Network vs Nano - Video explanation and demonstration /r/nanocurrency

Bitcoin mentioned around Reddit: Bitcoin Lightning Network vs Nano - Video explanation and demonstration /nanocurrency submitted by cryptoallbot to cryptoall [link] [comments]

I just stumbled upon the best explanation of money and bitcoin in the Technology sub-reddit. More people should read it!

I just stumbled upon the best explanation of money and bitcoin in the Technology sub-reddit. More people should read it! submitted by CryptoBudha to Bitcoin [link] [comments]

~9000 USD withheld by bitcoin with no explanation, no answer from support for a month, no help on reddit, this is unacceptable!

5th thread on reddit for the same exact issue, here is the summery:
Conclusion: Coinbase has failed to provide a way for their customer (me) in order to do what they asked and verify my ID information and resolve this misunderstanding that their glitchy system has caused us and they are continuing to go silent and answer all other threads but mine.
Next step: I am contacting US justice department and FDIC directly and will raise my issue to them now, further more I will contact a few of the news channels and websites and will show them all the evidence of what coinbase is doing to me so that they can publicly shame them and make sure others will know how coinbase treats their customer.
If I don't get my issue resolved this week, the above steps will be done starting Monday 17th.
submitted by Ariaa_ to CoinBase [link] [comments]

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 18 of no funds and no explanation. /r/Bitcoin

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 18 of no funds and no explanation. /Bitcoin submitted by cryptoallbot to cryptoall [link] [comments]

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 18 of no funds and no explanation. /r/Bitcoin

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 18 of no funds and no explanation. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 17 of no funds and no explanation. /r/Bitcoin

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 17 of no funds and no explanation. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Most accurate explanation of how VPN works. /r/ProgrammerHumor

Bitcoin mentioned around Reddit: Most accurate explanation of how VPN works. /ProgrammerHumor submitted by SimilarAdvantage to BitcoinAll [link] [comments]

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 17 of no funds and no explanation. /r/Bitcoin

They banned me on the Cointiger Telegram Channel, so here we go on Reddit: Day 17 of no funds and no explanation. /Bitcoin submitted by cryptoanalyticabot to cryptoall [link] [comments]

[Draw #59] It’s almost time to see who our winner is, the draw awaits!

Here’s the part where we get one in the crowd.

TL;DR - This post is for the sole purpose of choosing a winner. If you commented in this [Drawing Thread], you are entered in the drawing and don't need to do anything else. By 16:00 UTC, the winner will be selected. The Bitcoin (BTC) blockchain will be used to pick this winner. This can be verified at any device running Python 3.5, and you do not need to own Bitcoin in order to participate.
Additionally, all information to replicate the Drawing at home is available on Dropbox and GitHub, scroll down for more information.
Importantly, this post WILL NOT BE EDITED in order to keep the integrity of the Drawing. To verify this, there will not be an asterisk during the time passed since its creation. The winner will be announced in a stickied comment.
DISCLAIMER: Some of the information may be unrevised, but procedures are the same as prior draws. Thank you.
Off Topic:
The [Discussion] Thread at /millionairemakersmeta is open. All comments are welcome there for any inquiries.
[Discussion for Fall and Winter 2020-2021]: https://old.reddit.com/millionairemakersmeta/comments/iw8mse/_/
Explanation!
The Bitcoin (BTC) blockchain will be used to choose a winner. Once the time listed has passed, there will be an active check to determine the blockchain's winning hash. Like before, this subreddit will wait for the 3rd Block after the time (being 16:00 UTC) to select the winner.
If a block is discovered by 15:59 UTC, it will not be counted towards the counter of three blocks. If it's discovered by 16:00:00 UTC, then it will decrease the counter. This can be checked by seeing the timestamp given to it by blockchain explorers.
You are able to see how this subreddit will verify the winner by checking the GitHub repository, which also includes a back-up plan in case of an emergency.
Standard Protocol:
This post will not be edited! This is to prevent tampering of the hash or files by any of the moderators. To prove this, look for the lack of an asterisk near the time since creation.
To verify if a hash for a file is that of Draw #59, upload the file of choice to a SHA-256 generator, and match it with its respective hash output. The result you receive should be the same as what is listed here.
If you are interested in doing this for yourself, download Python 3.5 or better and follow the path to the folder labeled: MM59
Status Reports:
I will be commenting on the progress of the drawing via the comments, so other users can keep track of the progress. These comments will be pinned at the top of the post and be distinguished. Most likely, after 1:00 PM ET, the pinned comment will be announcing the winner.
If you can run Python yourself and follow the instructions, you will be able to find the winner. Make sure the hash released from the blockchain and the total number of participants match with what is described below. In addition, thank you for your patience.
Information Used For Draw #59:
GitHub Repository: https://github.com/lilfruini/CommentGathering-MillionaireMakers/tree/masteMM59 SHA-256 of Comment IDs: 6bdfd8d448bad1a0e13011f269b1d1d6b83416a872b0ea79493c075d53506461 SHA-256 of Authors: ed70c96c86ec382e462e8c045e2a9fcdd6b8665b4e6fdd4f180185508e97bc10 SHA-256 of DQed Age: 89db4164e849a1a5638eaf69249b552fe475c7091c9f34792b0907d367fec80e SHA-256 of Multiple Posters: f3c08ddbec20b198b0f8fc5fca351919aa856b4a9bb03993fbe003021b367dc9 SHA-256 of Truncated IDs: acca048cd9bc8dfaf8d65987c45c31d704955e69fc8af141105b9af4573a8a73 Block Selection: The Third Bitcoin Block After 18 October 2020 - 16:00:00 UTC Total Participants: 7,252 
submitted by MakerOfMillionaires to millionairemakers [link] [comments]

Bitcoin mentioned around Reddit: Price explanation EOS /r/eos

Bitcoin mentioned around Reddit: Price explanation EOS /eos submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Bitcoin Discussion • reddit: Chase closed Erik Voorhees credit card account with no explanation and wont talk to him about it -WalterRothbard

submitted by btcforumbot to BtcForum [link] [comments]

Bitcoin mentioned around Reddit: Money itself is the secret weapon of the Deep State. Here's an explanation of how it works and how we can counter it to liberate ourselves. /r/C_S_T

Bitcoin mentioned around Reddit: Money itself is the secret weapon of the Deep State. Here's an explanation of how it works and how we can counter it to liberate ourselves. /C_S_T submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Top Minds immediately and completely accept the Russian Government's explanation for the Syrian gas attack. /r/TopMindsOfReddit

Bitcoin mentioned around Reddit: Top Minds immediately and completely accept the Russian Government's explanation for the Syrian gas attack. /TopMindsOfReddit submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Explanations of pure scam: 65,000 USD stolen by HitBTC /r/LordOfScammers

Bitcoin mentioned around Reddit: Explanations of pure scam: 65,000 USD stolen by HitBTC /LordOfScammers submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Does my explanation of bitcoin mining make sense? /r/NoStupidQuestions

Bitcoin mentioned around Reddit: Does my explanation of bitcoin mining make sense? /NoStupidQuestions submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: [US] Basic tax explanation from a non-CPA /r/NiceHash

Bitcoin mentioned around Reddit: [US] Basic tax explanation from a non-CPA /NiceHash submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Any explanation for sudden drop? /r/FunfairTech

Bitcoin mentioned around Reddit: Any explanation for sudden drop? /FunfairTech submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: [US] Basic tax explanation from a non-CPA /r/NiceHash

Bitcoin mentioned around Reddit: [US] Basic tax explanation from a non-CPA /NiceHash submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Pros and Cons of Bitcoins I tipped Bitcoin (Cash) all over Reddit. Here's what happened. Why Is Bitcoin is Pumping? BE CAREFUL! Bitcoin: How Cryptocurrencies Work - YouTube What is Blockchain ? - Explained (BEST ANIMATION) - YouTube

Bitcoin : More widely accepted, easier to buy. ... Alipay, and Moneygram. A full explanation of how to make a bitcoin purchase on Localcryptos follows below. If you can’t access Localcryptos, or ... Bitcoin explanation. After we got to know the bitcoin currency and its real impact on the ground in the financial world and global markets. We come to the concept of explaining bitcoin how is trading on bitcoin, or in a correct sense how can I get bitcoin, according to what is circulated by the Bitcoin coin owner, Satoshi Nakamoto, the Bitcoin coin is present in a limited number on the world ... Bitcoin was the first widely adopted cryptocurrency, and was created in 2009 by Satoshi Nakamoto. No one knows who Satoshi is, the developer could be a guy, gal, or a group of people. And here’s ... What is Bitcoin Summary. Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see.Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. still my favourite explanation of bitcoin. MEDIA. 12 comments. share. save. hide. report. 85% Upvoted. Log in or sign up to leave a comment log in sign up. Sort by. best. View discussions in 1 other community. level 1. 4 points · 1 hour ago. And now she gets it even less... level 1. 4 points · 32 minutes ago. How many more times are we going to post this in a month? level 2. 1 point · 12 ...

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Pros and Cons of Bitcoins

Reddit bitcoin community: http://reddit.com/r/bitcoin Bitcointalk: http://http://bitcointalk.org/ Explanation on bitcoins: http://www.weusecoins.com/en/ The only real innovation of blockchain is bitcoin ( r/Bitcoin Reddit ) subreddit: r/Bitcoin ☕ If you appreciate my work and would like to buy me a cup of coffee, feel free to do so here: https ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume... what is blockchain what is blockchain technology what is blockchain bitcoin what is blockchain technology in banking what is blockchain wallet what is blockc... BE CAREFUL!!! - Why Bitcoin is Pumping In Today's Bitcoin Video I will be taking a look at some simple explanations for Bitcoins price today, a word of caution surrounding how to approach BTC, and ...

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