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Is the crypto currency Bitcoin a good idea?  where can we learn about bit coin? What are the pre requiremnt for bitcoin for creating bitcoin account?
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You need to have a bitcoin wallet which you can easily create on Blockchain or any other platforms for trading of bitcoins. 
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Bitcoin is a controversial topic, so opinions on its value can be quite varied. Generally, Bitcoin is seen as a good idea because it provides a decentralized, secure, and anonymous way to store, send, and receive money. However, there are some risks associated with using Bitcoin, such as its extreme volatility and lack of regulation, so users should take caution when investing.

In order to create a Bitcoin account, you will need a wallet to store your Bitcoin in. Most of these wallets require you to verify your identity, provide a form of payment, and download the wallet’s software. Additionally, you should ensure that you have a secure internet connection and understand the risks associated with using Bitcoin.

If you are interested in learning more about Bitcoin, there are many resources available online, including websites, forums, and tutorials. Additionally, there are various cryptocurrency exchanges which offer market analysis and advice on how to buy and sell Bitcoin.

14 Answers

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It's impossible to explain what exactly is Bitcoin in few words. But it is really useful in lots of payments because it's absolutely anonymous. Also, it's easy to exchange it for real money. Look here https://coinsbank.com/exchange​ for the cryptocurrency rates to understand more about it.

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Cryptocurrencies are digital currencies with no central account and no legal backing. They have no paper representation and are independent of a central economy. These currencies are completely virtual. The bitcoin network by Satoshi Nakamoto came into existence in 2009. Since then other forks of bitcoin and cryptocurrencies have evolved. 

To know whether bitcoin is good or bad, you need to know what it actually does. There are mixed reactions about this. The value of these cryptocurrencies aren't steady. They could rise fall drastically against the dollar. With Governments all over the world skeptical about bitcoin and other cryptocurrency, they are still being integrated. Transactions both online and offline all over the world are done with cryptocurrencies. I like to think of them as "unofficial currencies." 

There are different methods of acquiring bitcoins and cryptocurrencies. You can buy them with the current price against dollars, claim from faucets or mine them using mobile and computer. They have wallets online where you you can store them all unique to individual currencies. 
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Bitcoin is a virtual crypto currency that is mostly used online and there's nothing wrong with acquiring,buying or investing in Bitcoin provided one has the prequisite knowledge of what it entails to deal on Bitcoin with a profit. The only hinderance is that Bitcoin has no backings of any government and it voilatile too, so one should be very careful when trading with it to avoid too much loss since it a bit risky.
Bitcoin is a good source of payment since one can easily create a wallet to send and receive Bitcoin and this can be done anonymously and alot of people prefers annoymous transactions especially online.

Alot of sites are accepting Bitcoin as a means of payment so it a means of payment one can buy online with Bitcoin.
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Bitcoin which is a digital currency that is used for digital transactions by many online earners, it is usually a two parties affairs that doesn't require bank.  It value fluctuate which makes people to trade in it.  It is both good and bad to different people who have different opinions about it.
There are people of who have made money from bitcoin through mining, trading and gambling, to these set of people bitcoin is very good and worth the risk involved in it.
There are people who believe it a scam being the fact the coin is virtual and the annoymit in the transactions.
If you want to give bitcoin a trier you will need a wallet to store your bitcoin either a software or hardware wallets. The most common ones are the software Wallet that can easily be getting by signing up or downloading the app versions on playstore.  The common ones includes blockchain, coinomi, coinbase lino etc
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Bitcoin is a good option for transfering the money around the world. Bitcoin is bad if you it wants to replace your local currency. So what needs to be taken into an acocunt is how you use the bitcoin and how it is in practice. You can create bitcoin account with exodus type wallet or coinbase. 
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If you followed the trend of Bitcoin it was good to buy and hold at the beginning, because initially it was 1 bitcoin to 0.01 dollars, so people who bought at that stage and kept are rich now. But what you can do now is trading because I don't see the price of bitcoin going up any further. 
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Cryptocurrencies are digital currencies with no central account and no legal backing. They have no paper representation and are independent of a central economy. 
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Since coming to the market I have not known exactly how it works but am learning best to understand it. It's a new form of currency virtually which can do the tasks such as payments and exchanges 
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Investing in crypto assets is risky but can be a good investment if you do it properly. If you are interested in having a crypto account, you may visit netcoins.ca for the list of requirements for opening an account.
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Whether Bitcoin is a good idea or not is a matter of opinion. Some people view Bitcoin as an innovative new currency with potential to revolutionize the way people use money, while others view it as a risky, volatile investment. Ultimately, it is up to each individual person to decide if Bitcoin is right for them.

To learn more about Bitcoin, you can visit websites like Bitcoin.org and Bitcoin.com, which provide detailed information about the cryptocurrency. Additionally, there are numerous books and articles about Bitcoin and other cryptocurrencies.

In order to create a Bitcoin account, you will need a Bitcoin wallet, which is a secure digital wallet used to store, send, and receive Bitcoin. You will also need to purchase Bitcoin from an online cryptocurrency exchange or service, or in some cases accept Bitcoin as payment for goods or services.
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Bitcoin is good becaust you can use your bitcoin wallet to transact online,you can create your bitcoin account through blockchain.
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Go to the App store (iOS) or Google Play store (Android).

Search and download Coinomi.

Open the app and write down your 24-words recovery phrase. ...

Set a strong password.

Add bitcoin to your wallet.

Use your receiving address to receive bitcoin.
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In order to create a Bitcoin account, you will need a wallet to store your Bitcoin in. Most of these wallets require you to verify your identity, provide a form of payment, and download the wallet’s software. Additionally, you should ensure that you have a secure internet connection and understand the risks associated with using Bitcoin.
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Bitcoin is a decentralized digital currency that operates on a peer-to-peer network. To create a Bitcoin account, you generally need the following:


Wallet: You will need a Bitcoin wallet to store your Bitcoins. A Bitcoin wallet is a digital application or device that allows you to send, receive, and store Bitcoin securely. There are various types of wallets, including software wallets (desktop, mobile, or web-based) and hardware wallets (physical devices). Choose a wallet that suits your needs and preferences.


Internet Access: Since Bitcoin operates online, you will need a reliable internet connection to access your wallet, perform transactions, and interact with the Bitcoin network.


Personal Information: Some Bitcoin wallets may require you to provide personal information during the signup process, such as your name, email address, and possibly your phone number. This is to create your account and enhance security features like two-factor authentication.


Secure Password: When creating your Bitcoin account, you should choose a strong, unique password. It's recommended to use a combination of uppercase and lowercase letters, numbers, and special characters. Avoid using easily guessable or common passwords to protect your account from unauthorized access.


Backup and Recovery: It's crucial to create a backup of your Bitcoin wallet and store it securely. This backup, often represented by a series of words called a seed phrase, allows you to recover your wallet if you lose access to your device or forget your password. Follow the wallet provider's instructions for creating and securing your backup.


Security Measures: Bitcoin transactions are irreversible, and the digital nature of the currency makes it attractive to hackers. Take precautions to secure your Bitcoin account, such as enabling two-factor authentication



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