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What is bitcoin ATM machine ?

Blockchain

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By the use of blockchain security the ATM's are also getting secured and having secured coins call bitcoins. Bitcoin ATM is beneficial when you use your credit card to buy something online, cryptocurrencies require authentication in order to access them. To get more detail you can go to Blockchain.

Posted on Apr 25, 2017

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Posted on Jan 02, 2017

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How does Bitcoin Blockchain work and what are the rules behind it?


Blockchain is simply a way of confirming digital transactions between digital currencies. Not much to it! Electrum Bitcoin Diamond Wallet

Dec 05, 2017 | The Computers & Internet

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How blockchain voting technologies are used?


A blockchain is a distributed ledger. Instead of one company being in charge of a central database, everyone who sets up a node on the network has a copy of it. Blockchain Technology is used because of the following:
1. Complete voting system
2. Focused on security: multiple audit trails, including paper and the blockchain
3. Uses innovative techniques that are not present in any other voting system
4. Customizable ballots provide a familiar interface for voters
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Apr 25, 2017 | Computers & Internet

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How to buy bitcoin from blockchain ATM's ?


You can Buy/Sell bitcoins locally with direct cash. You can meet with each other in your respective local place and exchange your Currency or Digital currency. You can buy it from Blockchain. As it has following features:
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Apr 25, 2017 | Computers & Internet

1 Answer

What is Bitcoin?


Bitcoin is Digital Money. It works just like bits of information. Very long digital codes that represent a verified, unique representation of money. This can be transferred Peer to Peer, or Person to Person and eliminates the need to have banks. It is very popular in countries where currency has depreciated rapidly. People in those countries have moved to Bitcoin, which can be spent normally through EFTPOS and VISA and MASTERCARD Debit Cards at Retail. Eventually, digital money will naturally replace cash money. You can diversify your savings into Bitcoin to hedge against currency devaluation, which is a very real thing world wide. For more information contact www.glynmaclean.com

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What is bitcoin minning


Bitcoin Mining is the process by which Bitcoin Digital Currency is created. Mining verifies transactions on the Blockchain (a ledger of transactions, a copy of which is 'distributed' widely across computers worldwide, peer to peer) and a reward is given to the successful verification of these transactions. The awards add up and eventually (with quite some difficulty) a Bitcoin is created. Therefore a Bitcoin Miner is very much like the Federeal Reserve, because they literally create money. In fact you, yourself can become a Bitcoin miner from as little as US$25. Bitcoin is Digital Money. It works just like bits of information. Very long digital codes that represent a verified, unique representation of money. This can be transferred Peer to Peer, or Person to Person and eliminates the need to have banks. It is very popular in countries where currency has depreciated rapidly. People in those countries have moved to Bitcoin, which can be spent normally through EFTPOS and VISA and MASTERCARD Debit Cards at Retail. Eventually, digital money will naturally replace cash money. You can diversify your savings into Bitcoin to hedge against currency devaluation, which is a very real thing world wide. For more information contact www.glynmaclean.com

Apr 21, 2014 | Computers & Internet

5 Answers

Bitcoins, good or bad?


Bitcoin is good!
In some countries, it is treated as a precious property just like gold. Bitcoin mining is a process in which bitcoin digital currency is created.
The idea behind the creation of bitcoin is to have a currency form which is free from the control of any particular authority.
Bitcoin enables a peer to peer decentralized payment method which is approved by its users. You can be able to get more necessary details about bitcoins from Bitcoin Economics.
The bitcoins economy works with the help of its different parts including mining, transaction, the blockchain, etc.
what-is-bitcoin-and-how-bitcoin-can-affect-indian-economy-2t0qx2c1q5dmkbu10ecb4ckt-4-0.jpg

Feb 11, 2014 | Computers & Internet

1 Answer

Bitcoin history


Bitcoin was created by Satoshi Nakamoto (assumed to be a psudonym) and consists of a ledger which is distributed across computers, Peer to Peer called a blockchain. This ledger records tranasactions. Bitcoin Mining is the process by which Bitcoin Digital Currency is created. Mining verifies transactions on the Blockchain (a ledger of transactions, a copy of which is 'distributed' widely across computers worldwide, peer to peer) and a reward is given to the successful verification of these transactions. The awards add up and eventually (with quite some difficulty) a Bitcoin is created. Therefore a Bitcoin Miner is very much like the Federeal Reserve, because they literally create money. In fact you, yourself can become a Bitcoin miner from as little as US$25. Bitcoin is Digital Money. It works just like bits of information. Very long digital codes that represent a verified, unique representation of money. This can be transferred Peer to Peer, or Person to Person and eliminates the need to have banks. It is very popular in countries where currency has depreciated rapidly. People in those countries have moved to Bitcoin, which can be spent normally through EFTPOS and VISA and MASTERCARD Debit Cards at Retail. Eventually, digital money will naturally replace cash money. You can diversify your savings into Bitcoin to hedge against currency devaluation, which is a very real thing world wide. For more information contact www.glynmaclean.com

Jan 27, 2014 | Computers & Internet

4 Answers

Are there different kinds of virtual currencies or is bitcoin the only one?


Yes, there are lots of other virtual currencies available but bitcoin is the most used one.
People across the whole world use bitcoin as it acts as a real currency. People also prefer to use cryptocurrency exchange services online which are safe and easy to use.
These platforms are useful for exchanging, selling and buying cryptocurrency easily.
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Oct 24, 2013 | Computers & Internet

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