How to Buy Bitcoins

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PerfektPay is one interface, where you can enjoy trade cryptocurrencies under one roof. Through Perfektpay, you can also keep a track on value of Cryptocurrency, and can take the decision of Buying or selling instantly.

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What is digital currency ???:

What is digital currency ??? Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins ) that exhibits properties similar to physical currencies, but allows instantaneous transactions and borderless transfer-of-ownership. Both virtual currencies and cryptocurrencies are types of digital currencies, but the converse is incorrect.

What is cryptocurrency ???:

What is cryptocurrency ??? A cryptocurrency (or crypto currency ) is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies , or specifically of digital currencies . There were more than 710 cryptocurrencies available for trade in online markets as of 11 July 2016, but only 9 of them had market capitalizations over $10 million.

List of cryptocurrencies :-:

List of cryptocurrencies :- Bitcoin - BTC Ethereum – ETH Ripple - XRP Steem - STEEM Litecoin - LTC Ethereum Classic – ETC Dash - DASH NEM - XEM and many more…

Now, we will discuss about one of the cryptocurrency:-:

Now, we will discuss about one of the cryptocurrency:-

Queries about bitcoin ::

How did it get started? How is the currency created? Why does it have value? Who controls the value? Who Accepts Bitcoin? How Would I buy some Bitcoins? Why would I want some Bitcoins? Problems with Bitcoin currency. Queries about bitcoin :

How Did It Start ?:

How Did It Start ? In 2009 A technical paper was posted on the internet by Satoshi Nakamoto titled Bitcoin: A Peer-to- Peer Electronic Cash System form of It described a system of cryptocurrency that was not backed by any government or any existing currency. Interestingly, there is no such person. It’s a pseudonym .

Where Do Bitcoins Come From ?:

Where Do Bitcoins Come From ? Bitcoi n i s based on solvin g an e ncrypt io n formula which re q uires extreme amo u n t s of computing power. Each time you solve a portion of the formula you earn a “Bit Coin.” Websites like Deepbit.net help you set up the mining formula. Companie s b e gan t o se l l hardware ca l l e d gate array miner s to en h ance t h e processing speed. Only 21 million Bit Coins will ever exist Nearly all Bitcoins have been mined and are now in circulation.

What is the Vision of Bitcoins ?:

Bitcoins are intended to be digital currency . Buyers and sellers will use them and eliminate all the middlemen such as credit cards, ATM machines, etc. Bitcoins will be safer than carrying a plastic card. Bitcoins will be an international currency with no exchange transaction f e es. What is the Vision of Bitcoins ?

What is the Value of a Bitcoin ?:

What is the Value of a Bitcoin ? Bitcoins are like diamonds or gold – no intrinsic value. As more people want to buy Bitcoins, sellers will charge more. It’s a free market and as wild as you can imagine. No rules, regulations or oversight. Speculators who think Bitcoins will be successful, buy as many as they can and hold them price appreciation. If 21 million Bitcoins are in circulation and current price is $500, then total market value is ~$10 Billion.

Who Sells Bitcoins ?:

Who Sells Bitcoins ? Larger Buyers go to Exchanges An Exchange is a website with significant software and funding There are at least 25 Bitcoin Online trader in the India alone We can buy and sell the bitcoins using our bank account We can get the list from localbitcoins.com

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