Bitcoins: Discovering the Basics of Cryptocurrency, Blockchain and the New Digital Money: Learning All About This Controversial Cryptocurrency

By Edward Harrod

Did you know that in 2010, two pizza costs 10,000 Bitcoins?

That is worth over 100 million dollars in today's money.

As you can see, Bitcoin increases its value.

And it does so at a lightning speed.

You see, in 2010 one Bitcoin is worth 8 cents. Today, it's close to $10,000 dollars a piece! That's 12,500% increase!

What will be it's value a year from now? Would you let yourself be left behind?

We are experiencing the biggest happening in the way we used money. Digital currencies aren’t new, but with the discovery of Bitcoin, it felt like there is a whole new world just waiting to be discovered.

People who started investing early got a big piece of the pie. But don’t let that stop you!

It is intimidating at first, especially when you hear terms that you haven't heard before: asics, armory, block, ryzen, scrypt, radeon, eos, nano...

Aren't those alienated words? That was my first impression too.

And I have to be honest, the new terms do not stop from multiplying.

No worries though, I GOT YOU.

In this book, we'll cover:

How you can make money on Bitcoin even if you have zero experience Step by step tutorial on buying your first digital coin Understanding the terminologies What makes Bitcoin a Valuable investment Decide if it is right form of investment for you Avoid Scams and False promises How To Buy and Sell Bitcoin with one Click What Everyone Must Know about Bitcoin Mistakes You Need To Avoid When You Want To Trade Profitably Step by Step Ways so Can Start Mining Bitcoin How to Start Investing on a Limited Budget Interesting Facts I Bet You Never Knew About Bitcoin Know when to HODL and when to go out, to earn Profitably!

And much MUCH more!!!

PLUS, You'll Also Get Free Instant Access to a Free Report on How to Double Your Money with Cryptocurrency.

By understanding Bitcoin, you will no longer be limited to the old fiat currencies that we used. No longer will the bank can control the way you spend money.

And the best thing... your money can multiply fast if you have the proper knowledge to do so.

So if you are still on the edge of trying, and feel that it's too late... you still have time!

That’s how sure I am that I have the answer to your problem – I CAN help you understand Bitcoin and give you a kick to finally start making more money.

So if you want to jump at the opportunity and learn about Cryptocurrency, just scroll up and click the BUY NOW button and start your Crypto journey today!

• Language: English
• Publisher: Limitless Impact LLC
• Release date: Nov 8, 2017
• ISBN: 9781979322874

Book preview

Bitcoins:

Discovering the Basics of Cryptocurrency, Blockchain and the New Digital Money

Learning all about this Controversial Cryptocurrency

By Edward A. Harrod

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© Copyright 2017 by Edward A. Harrod. All rights reserved

Disclaimer: No part of this publication may be reproduced or transmitted in any form or by any means, mechanical or electronic, including photocopying or recording, or by any information storage and retrieval system, or transmitted by email without permission in writing from the publisher. While all attempts have been made to verify the information provided in this publication, neither the author nor the publisher assumes any responsibility for errors, omissions, or contrary interpretations of the subject matter herein. This book is for entertainment purposes only. The views expressed are those of the author alone, and should not be taken as expert instruction or commands. The reader is responsible for his or her own actions.

Adherence to all applicable laws and regulations, including international, federal, state, and local governing professional licensing, business practices, advertising, and all other aspects of doing business in the US, Canada, or any other jurisdiction is the sole responsibility of the purchaser or reader. Neither the author nor the publisher assumes any responsibility or liability whatsoever on the behalf of the purchaser or reader of these materials. Any perceived slight of any individual or organization is purely unintentional.

Thank you for taking the time to get a copy of this book: Bitcoin: Discovering the Basics of Cryptocurrency, Learning all about this Controversial Cryptocurrency

This book covers the topic of Bitcoin, and will teach you everything you need to know about this new currency.

It becoming famous that you can no longer ignore it. And you will be able to jump in while others still don’t have a clue of what is happening. That means you can buy while the price is low, and can make money early.

At the completion of this book, you will have a good understanding of what Bitcoin is all about and be able to apply that information if you choose to do so.

Congratulations on taking the first step to learning this new digital currency. I hope you find this book to be helpful!

Your FREE Gift

As a way of saying thanks for your purchase, I’m offering a free blueprint that’s exclusive to readers of my books. I know it is not easy to learn a new thing, especially that cryptocurrency is not easy to understand. With this report, you’ll learn how to double your money this 2018.

Would you let yourself get left behind? People who heard about Cryptocurrency in 2016 said they should have jump and invested back in 2010. And the people who found out about it in 2018 said they should put their money last year.

By looking at this blueprint, you will get the best chance of making it big this 2018!.

Click here to get your FREE BLUEPRINT

Table of Contents

Chapter 1: Introduction

Chapter 2: Bitcoin Basics

Chapter 3: The Need for Bitcoins

Chapter 4: Owning Bitcoins

Chapter 5: The Dark Side of Bitcoin

Final Thoughts on Bitcoin

Conclusion

About The Author

Chapter 1: Introduction

The whole concept of Bitcoin is quite challenging to comprehend, even for the most tech-savvy individuals. Usually, it’s a lot easier to understand when you’re actually using the digital currency already. Bitcoin is a frequent topic among entrepreneurs, investors, and traders. And if you want to learn about it without investing first, there’s a long way to go.

To start off, here’s a simple explanation for you:

Bitcoin is a kind of digital currency which isn’t controlled by any financial institution, government or central authority. Miners create Bitcoins using computers with specialized hardware. They also use the computers to protect the whole network and process transactions. In exchange for what they do, the miners collect bitcoins. Bitcoins use blockchain technology to work. This technology records all the transactions in chronological order on a virtual ledger.

As we progress through the different topics, you’ll be able to understand the different aspects of Bitcoin. We’ll start with a more in-depth definition of this virtual currency.

Defining Bitcoins

For years, cryptocurrencies have emerged and they have grown in popularity quite rapidly. And the most well-known and widely-used kind of cryptocurrency is Bitcoin. It’s a decentralized form of currency, which means that no single authority has control of it. You can use Bitcoins to purchase merchandise or services, just as long as the merchants accept them as payment.

Bitcoin transactions are digital and anonymous. They make use of hash codes which are heavily encrypted. These transactions are done across a P2P network. This network keeps track of all the transactions. It also verifies the transactions made between