Posts

Showing posts from January, 2019

Bitcoin Trading – Get to Know about the Bitcoin Transactional Properties

Image
At its simplest, Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. You can also use Bitcoin (or BTC) , where you refer the purchaser to your signature, which is a long line of security code encrypted with 16 distinct symbols.                                      Everything about bitcoin needs research and if you still haven’t done any of it so far you should probably start working on it now. Even if it is to sell bitcoins in Australia it is important to understand the transactional properties of bitcoin so you know what you’re actually landing into. 1.  Irreversible:  After confirmation, a transaction can‘t be reversed. By nobody. And nobody means nobody. Not you, not your bank, not the president of the United States, not Satoshi , not your miner. Nobody. If you send money, you send it. Period. No one can help you, if you sent your funds to a scammer or if a hacker stole them from your computer. There is no