Basics of bitcoin

This bitcoin animation tells you the basics of bitcoin and why we think it’s such an important innovation! Our address: 1MCKW9AkWj3aopC1aPegcZEf2fYNrhUQVf Tr…
Video Rating: 4 / 5

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25 comments

  1. Inside Bitcoins

    This #bitcoin animation tells you the basics of bitcoin and why we think
    it’s such an important innovation.

  2. MultiMasterqueef

    if(i_have==(bitcoin*=21000000))
    you_have=(bitcoin=0); //?

  3. Yet you still pay ‘contribution’ for BitCoin transactions… still the same
    shit as a real money.

  4. Great video on #bitcoin 

  5. Phillip Hallam-Baker

    Deflation is actually a serious economic problem. Japan has been in a
    deflation for over a decade and the result is massive unemployment and a
    stagnant economy.

    BitCoin isn’t an ‘investment’ either. An investment is backed by income or
    assets or both. BitCoin is pure speculation, buying a commodity that has no
    intrinsic worth in the hope that a greater fool will buy it from you in the
    future.

    This video does not explain anything, it merely asserts that BitCoin is
    better.

  6. Reinoud Vaandrager

    A good introduction video to #bitcoin 

  7. Curtis Brownley

    Basics of Bitcoin new video – its good.
    http://youtu.be/QyVeHC4X2eA

  8. Lean what #Bitcoin is with this great video!

  9. Love this video. Clear, concise explaination. Or is it just the cool
    accent? 🙂

    

  10. But like fiat-currencies it is’nt backed by anything

  11. Very bad voice over :(

  12. As much as I like your video, the deflation argument is just plain and
    provably wrong.

    There is no such thing as a free lunch in financial markets. Bitcoin value
    will never go up predictably, that would be a free lunch. Instead it rises
    ‘now’ to whatever level it is expected to go in the future given supply and
    demand predictions.

    Supply is totally predictable, so it becomes irrelevant in the markets.
    Future demand is very uncertain, will Bitcoin be generally adopted? That is
    what causes price fluctuations.

    http://zeroprofits.blogspot.nl/
    or
    http://www.forbes.com/sites/timothylee/2013/04/11/bitcoin-doesnt-have-a-deflation-problem/
    

  13. Another great promotional video. 

  14. Bitcoin Puerto Rico

    Great intro video!

  15. An excellent video about #Bitcoin

  16. So Excellent, this Video: Basics of Bitcoin: http://buff.ly/1oyOMPF

  17. Basics of bitcoin

  18. Great video

  19. Shared. Well done.

  20. Great video, please add spanish subtitles!

  21. Bitcoin For Dummies

    Great video, well done!

  22. http://bit.ly/1n5h1kU
    Wow..! it is shocking that 1 Bitcoin was worth $79
    last year (2013) and this year (2014), 1 Bitcoin is
    worth over $800. This currency is growing exponentially
    in front of our eyes. I remember when I passed the opportunity
    if buying Bitcoins when 1 Bitcoin was only under 1 dollar, lucky
    I bought some Bitcoins last year and now I am smiling. If I bought
    them back then at under a dollar I would be a multi-millionaire..!

  23. FasterTutorialsCom

    Basics of bitcoin -animation

  24. Bitcoin Geekster

    Nice intro video to bitcoins!

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