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February 13, 2018
Who decides the price of Bitcoin? and why Bitcoin prices are different in each exchange?
Bitcoin market price is changing with the balance of Supply and demand. The value itself is created because users believe Bitcoin currency is useful to the society and there are places which accept Bitcoin as payment. As Bitcoin is...
February 13, 2018
Why Bitcoin has its own value? How can a digital currency cost this much?
Reasons why Bitcoin Bubble can really happen in the near future.
February 13, 2018
How many Bitcoins will be created? Is it really limited?
By the miners from all over the world, Bitcoins will be generated until there is a total of 21 million bitcoins in existence. At this point, Bitcoin miners will probably be supported exclusively by numerous small transaction fees. Mo...
February 13, 2018
How Bitcoins are mined? Will I make profits by mining?
Bitcoin is created and rewarded to these "Bitcoin Miners", when they work for the Bitcoin network. Their work is to help processing transactions and securing the network using specialized hardware. You can join Crypto exchanges, wh...
February 12, 2018
How and where Bitcoins are created?
There is no central bank or owner of Bitcoin community, and Bitcoins are created/generated by "Miners" all over the world. This decentralized process called "mining" is a rewarding system and anyone can be a part of it as long as he/s...
February 12, 2018
Why Bitcoin cannot be regulated by financial authorities? Why are they banning the use of Cryptocurrency?
There are 2 main reasons why Bitcoin isn't regulated in any countries yet: The Bitcoin protocol itself cannot be modified by anyone without the cooperation of nearly all its users. The future of Bitcoin market and the possibiliti...
February 9, 2018
Can Bitcoin be used to illegal financial activities and crimes?
Just because Bitcoin is a money on the internet and doesn't have its own form of physical money, it doesn't mean that Bitcoin is illegal and an be used for financial crimes more than other types of currencies. Which can be explained ...
February 9, 2018
Is Bitcoin illegal to trade? How is it recognized by the regulators in the world?
Regarding to this topic, you must follow the rules set within your jurisdictions. Cryptocurrency market is a emerging market and it is very new. It may take time for each financial authority to take them in consideration to be inte...
February 9, 2018
Can anyone access to the lost Bitcoins and retrieve them? or are they lost forever?
Unless the person has the Private Key to access to Bitcoin funds, any lost Bitcoins will be lost and untouched forever. As it is impossible to find the Private Keys which are lost, you may consider that the funds are unavailable in th...
February 9, 2018
What happens if I lose Bitcoin's private key? Will the fund go away?
It is impossible to retrieve the Bitcoins if you have lost the Private key. The lost Bitcoins won't disappear or go away from the address, but will stay there forever. So what happens to the lost Bitcoin? Literally nothing. The fund...
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