guide to bitcoin

The Ultimate Guide To Bitcoin (Updated 2018)

in Crypto 101/News/Use Bitcoin by

This is ICOfriends Ultimate Guide To Bitcoin. We aim to make this guide the one-stop shop for everything related to BTC. You will know everything from the bare basics to the future of Bitcoin after reading the articles in the manual. Enjoy!

Table of contents

  1. What is Bitcoin: Understanding The Basics
  2. Bitcoin Benefits
  3. Bitcoin Wallets: Everything You Need To Know
  4. 5 Ways To Buy Bitcoin
  5. How To Sell Your Bitcoin
  6. Inside Bitcoin Transactions: How It All Works
  7. Where Can You Spend Bitcoin? Here Are The Places
  8. How To Accept Bitcoin Payments For Your Business
  9. The Best Bitcoin POS Terminals For Your Business
  10. Can Bitcoin Scale?
  11. Bitcoin Law: What Are The Rules?
  12. Who Created Bitcoin? An Overview of Satoshi Nakamoto
  13. Understanding Bitcoin Charts
  14. Bitcoin Mining: How It Works
  15. Want To Mine Bitcoin? Here’s How To Set Up
  16. Bitcoin Mining Pools: Collective Mining Power
  17. The Most Popular Bitcoin Mining Pools
  18. Bitcoin Forums: Where To Discuss Bitcoin
  19. What Is Bitcoin Cash?

guide to bitcoin

The Ultimate Guide To Bitcoin

You can find all the Bitcoin-related topics in the 19 sections here below.

1. What is Bitcoin: Understanding The Basics

What is Bitcoin exactly? Read this article to get a broad summary of the original cryptocurrency.

2. Bitcoin Benefits

This article will help shed some light on why you ought to use it. We provide you with eight rock solid reasons for why Bitcoin is excellent. It gives you more control over your money, and can even save you some loan. It’s also fast, convenient, and safe. Read on to find more factors!

3. Bitcoin Wallets: Everything You Need To Know

You need a Bitcoin wallet before you can own Bitcoin What is a Bitcoin wallet even? Here we go through the definition and some of the choices you have. There are mobile, online, desktop, hardware, and even paper wallets. Read this post to comprehend the distinction in between them all, in addition to which ones are the very best.

4. 5 Ways To Buy Bitcoin

The Bitcoin exchanges aren’t the only places you can buy Bitcoin. There are many more choices on the table. This guide to Bitcoin covers Bitcoin ATMs, Bitcoin debit cards, peer-to-peer exchange platforms, and cryptocurrency exchanges. You can likewise learn how to buy Bitcoins with your card — or cash if you feel safer using conventional approaches. Finally, we also list the best buying locations to get you started.

5. How To Sell Your Bitcoin

The same places that let you buy Bitcoin usually also enable you to sell them. Here we cover the cryptocurrency exchanges, P2P platforms, and ATMs where you can sell your Bitcoins.

6. Inside Bitcoin Transactions: How It All Works

This guide to Bitcoin will teach you everything about Bitcoin transactions. You will discover transaction inputs and -outputs, in addition to what the difference is in between private- and public keys.

guide to bitcoin

7. Where Can You Spend Bitcoin? Here Are The Places

Now that you have a Bitcoin wallet with Bitcoins in it, you may wish to spend some of them. Where do you start? Fortunately, numerous locations now accept Bitcoin as a method of payment from video gaming and sports to vacations and lodging. The possibilities are endless. You can even enlist accountants and lawyers for Bitcoins. Finally, there are some musicians and dining establishments accepting Bitcoin. Check out on to learn everything about it!

8. How To Accept Bitcoin Payments For Your Business

Small businesses can readily receive Bitcoin payments. Read this article to find out how. We also touch on how to get yourself a Bitcoin POS system. You can discover a bit about marketing and tax in a Bitcoin context.

9. The Best Bitcoin POS Terminals For Your Business

This short article lists the best Bitcoin POS terminals for your business. If you’re considering getting a POS system, then read this guide!

10. Can Bitcoin Scale?

You might have heard that Bitcoin can’t scale and that the system will ultimately congest. This post describes Bitcoin’s scalability problem, as well as a few of the proposed ways out of the situation. Continue reading to learn more about SegWit, SegWit2x, Schnorr signatures, and forks in the blockchain.

11. Bitcoin Law: What Are The Rules?

Given That Facebook, Google, Twitter, Reddit, and others banned the advertising of ICOs, numerous people have questioned the legality of Bitcoin. Read this post to understand your rights when it comes to buying, selling, utilizing, and mining Bitcoin. We also list which countries Bitcoin is legal in, along with which nations have banned it.

12. Who Created Bitcoin? An Overview of Satoshi Nakamoto

Satoshi Nakamoto is the creator of Bitcoin, but not much more is understood about him than that. Here we cover the quick history of the mysterious developer, where he is from, who he worked with, and when he left. We also note a few of the possible people who’ve been believed to be Nakamoto.

guide to bitcoin

13. Understanding Bitcoin Charts

Bitcoin trading is not that different from trading stocks, forex, or shares. This guide to Bitcoin will teach you about analyzing line charts and candlestick charts. You’ll also find out where to find them and how to read them.

14. Bitcoin Mining: How It Works

What is Bitcoin mining and how does it work? This guide to Bitcoin discusses the various software and hardware that’s needed. We’ll also cover the legality and profitability of Bitcoin mining.

15. Want To Mine Bitcoin? Here’s How To Set Up

This post goes more thorough about Bitcoin mining. Here you will learn more about hash rates, energy consumption, and the Bitcoin client. We likewise discuss more particular hardware questions such as CPU/GPU, FPGA, and ASIC.

16. Bitcoin Mining Pools: Collective Mining Power

Mining Bitcoin on your own is not as simple as it was before. That’s why Bitcoin mining pools have been created. We inform you precisely how to get started with a Bitcoin mining pool.

17. The Most Popular Bitcoin Mining Pools

If Bitcoin mining pools look like the best way for you, then this short article is a must-read. We tell you about the very best Bitcoin mining pools, their benefits and costs, and how you can join them.

18. Bitcoin Forums: Where To Discuss Bitcoin

Can’t get enough of Bitcoin? Neither can we. This post lists all the online and offline locations where you can go over Bitcoin. Discover Bitcoin online forums, subreddits, Telegram, and other social networks groups. Read on to find out where you can chat with fellow Bitcoin fans.

19. What Is Bitcoin Cash?

Bitcoin Cash (BCH) is not to be confused with Bitcoin Core (BTC). Bitcoin Core is the original cryptocurrency, and Bitcoin Cash is an off-shoot resulting from a fork in the Bitcoin blockchain. Read how it happened here.

I’m a freelance writer and full-time curious person. My main interests are philosophy, politics, art, culture, science, and how they’re all interlinked. When I’m not writing, I’m fronting a band, producing records, and making videos. I’m also currently working on launching a YouTube channel that will focus on culture and politics. I think blockchain technology is fascinating because of the huge potential it has to revolutionise not only the financial sector, but society as a whole.