Linked Questions

6
votes
1answer
8k views

Where does the money I get from mining bitcoin come from? [duplicate]

Bitcoin noob here. Where does the money I get from mining bitcoin come from? Does bitcoin mining means I "steal" from other people? If yes, should I fear this probability of being robbed while I ...
3
votes
1answer
187 views

Who decides the block reward in Bitcoin?

I know that when a miner mines a block, he will be rewarded with some bitcoins. But who decides how much bitcoin he will get? If it is decided by all the miners (as they are the ones verifying ...
3
votes
1answer
491 views

How Does BitCoin's Economy Work? [duplicate]

I just heard about BitCoin for the first time today, and I'm confused. My understanding of economics may not be the best, but I do know that money, as in the paper and coins we use in everyday life, ...
1
vote
1answer
139 views

How can't a malicious attacker generate bitcoins on his private network?

I'm new to the cryptocurrencies world and I'm trying to understand how all this stuff works, so expect a really noob question. Suppose there's a user which generates a number of addresses and sets ...
1
vote
1answer
859 views

What is the cost of setting up a bitcoin account

does it 'cost' anything to set up an account? If bitcoins are virtual, why/how does an exchange rate work?
1
vote
1answer
637 views

How sign the first transaction's signature?

In bitcoin, each transaction's signature is signed with previous owner's private key. Then, how sign the first transaction's signature?
0
votes
1answer
46 views

If Bitcoins aren't tied to a conventional currency, how did they get so valuable? [duplicate]

I would appreciate it if someone could provide me with some insightful information.
0
votes
1answer
374 views

What is the real value of bitcoins [duplicate]

I have a lot of confusion about bitcoin. What is the real worth of a bitcoin. For instance currency used to be backed by gold but now a days its fiat currency all around us.
0
votes
1answer
128 views

What exactly are Bitcoins? [duplicate]

I've heard the term several times. I know that it's an online currency, but I'd like to know more, without having to search too hard. My main questions: What can bitcoins be used for? Where does one ...
0
votes
1answer
379 views

How is the real world value of bitcoins generated? [duplicate]

I do not understand where the value of the bitcoin comes from. In old times people were trading in gold or silver. They began to deposit the gold coins in banks and started to trade with these ...
-1
votes
1answer
130 views

In India how does one accept or give Bitcoin? Do we also get a physical coin for a Bitcoin? [closed]

I heard about Bitcoin and its endless possibilities to use Bitcoin irrespective of a particular geographic location. But my doubt is How does one accept and give a Bitcoin, Does it have its own market ...
-1
votes
1answer
424 views

how to determine bitcoin price [duplicate]

I want to know how the price is determined daily for bitcoins. I know that exchanges determine it based on the exchanges that happens in their bitcoin-exchange site. But lets take there is a new ...
-1
votes
1answer
368 views

Where does the money come from? [duplicate]

Where does the Bitcoin money come from? You know how banks distribute money, how does someone have enough money to distribute bit coins which can be turned into money?
-2
votes
1answer
1k views

process to list cryptocoins in exchangers

I have a cryptocoin which is 50% premined. I want to list it on exchangers. How can I do it? Please mention the process to list cryptocoins in exchangers and also where can I get the list of best 50 ...
5
votes
0answers
3k views

What gives bitcoins value? What are bitcoins backed by? [duplicate]

Possible Duplicate: Where do bitcoins come from and what give them its value? Often times people ask (shortly after muttering something beanie babies), What gives bitcoins value? What are they ...

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