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WHAT IS BITCOIN Bitcoin is considered a common currency such as the dollar, yen, euro, among others.

Today the Bitcoin is very useful because it allows the exchange of goods and services as a normal currency, the difference between the Bitcoins and a normal coin is that Bitcoin is virtual, so many people have put their trust in it, and that presents new benefits, besides being practical and safe, taking into account that can be exchanged easily.

The Bitcoins not belongs to any region, country, continent, political or religious entity. It has the same value throughout the world, which makes it a decentralized currency. Plus it is not controlled by any financial bank transactions can be made only from person to person, allowing that they can not make changes to regional currencies changing Bitcoins to dollars or any other currency.



Counterfeiting of this virtual currency is impossible. Since it was created with an advanced cryptographic system. .

Currently, the Bitcoin is the currency in greatest demand worldwide i Forex, thanks to its security and its equivalent value in the world is calling the attention of mainstream users, as sellers, buyers, owners and diversity Host like Hostgator.

With this virtual currency is not necessary to worry about the falling value of the currency because its value is and remains adamant about its value.

Besides, no one can freeze or hijack your virtual money since only people with credentials can access this money. Another benefit is that bitcoin can access them 365 days of the year.

So, if you are owner or manager of a business, or a normal person does not waste time to start testing bitcoins as they allow financial Forex exchange between different people around the world.

The most important thing is that you can use from anywhere in the world.

 
 
 
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�������HOW CAN I BUY BITCOINS? The bitcoin is a digital currency that is revolutionizing the world with a new virtual system, safe, reliable and effective, therefore should not miss this great offer that makes internet. Most people are surprised at how efficient this monetary system, and wonder How to Buy? Then we will leave some recommendations about how to acquire them.

What is Forex?

WHAT AM I DOING WHEN I TRADE FOREX? Forex is a commonly used abbreviation for "foreign exchange," and it is typically used to describe trading in the foreign exchange market by investors and speculators.

For example, imagine a situation where the U.S. dollar is expected to weaken in value relative to the euro. A forex trader in this situation will sell dollars and buy euros. If the euro strengthens, the purchasing power to buy dollars has now increased. The trader can now buy back more dollars than they had to begin with, making a profit. This is similar to stock trading. A stock trader will buy a stock if they think its price will rise in the future and sell a stock if they think its price will fall in the future. Similarly, a forex trader will buy a currency pair if they expect its exchange rate will rise in the future and sell a currency pair if they expect its exchange rate will fall in the future.

 

WHAT IS AN EXCHANGE RATE?

The foreign exchange market is a global decentralized marketplace that determines the relative values of different currencies. Unlike other markets, there is no centralized depository or exchange where transactions are conducted. Instead, these transactions are conducted by several market participants in several locations. It is rare that any two currencies will be identical to one another in value, and it is also rare that any two currencies will maintain the same relative value for more than a short period of time. In forex, the exchange rate between two currencies constantly changes. For example, on January 3, 2011, one euro was worth about $1.33. By May 3, 2011, one euro was worth about $1.48. The euro increased in value by about 10% relative to the U.S. dollar during this time. Before making the purchase of bitcoins, funds will be added in your local currency to an exchange of virtual currency, which will make buying bitcoins. The main pages to purchase these bitcoins are: 1. Mt.Gox: This is the largest exchange network in the world. Here you can buy and sell Bitcoins quickly and safely. 2. Bitinstant.com: This site is the most advanced on the internet, here you can make big plans from any country.

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How does Bitcoin work?


From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.

Is Bitcoin really used by people?


Yes. There is a growing number of businesses and individuals using Bitcoin. This includes brick and mortar businesses like restaurants, apartments, law firms, and popular online services such as Namecheap, WordPress, and Reddit. While Bitcoin remains a relatively new phenomenon, it is growing fast. At the end of August 2013, the value of all bitcoins in circulation exceeded US$ 1.5 billion with millions of dollars worth of bitcoins exchanged daily.

How difficult is it to make a Bitcoin payment?


Bitcoin payments are easier to make than debit or credit card purchases, and can be received without a merchant account. Payments are made from a wallet application, either on your computer or smartphone, by entering the recipient's address, the payment amount, and pressing send. To make it easier to enter a recipient's address, many wallets can obtain the address by scanning a QR code or touching two phones together with NFC technology.

Is Bitcoin fully virtual and immaterial?


Bitcoin is as virtual as the credit cards and online banking networks people use everyday. Bitcoin can be used to pay online and in physical stores just like any other form of money. Bitcoins can also be exchanged in physical form such as the Casascius coins, but paying with a mobile phone usually remains more convenient. Bitcoin balances are stored in a large distributed network, and they cannot be fraudulently altered by anybody. In other words, Bitcoin users have exclusive control over their funds and bitcoins cannot vanish just because they are virtual.