(Topic ID: 200502)

Somebody explain Bitcoin to me


By Pinballlew

2 years ago



Topic Stats

  • 1,721 posts
  • 165 Pinsiders participating
  • Latest reply 19 days ago by Zampinator
  • Topic is favorited by 31 Pinsiders

You

Linked Games

No games have been linked to this topic.

    Topic Gallery

    There have been 78 images uploaded to this topic. (View topic image gallery).

    Screenshot_20200312-094655_Coinbase.jpg
    IMG_4773 (resized).JPG
    200% (resized).png
    VIBE currency (resized).png
    bro (resized).jpg
    download (1) (resized).png
    6B8D3263-F782-4607-B519-2310EB57F2FB (resized).jpeg
    mystery_bitcoin_buyer (resized).jpg
    DVSzWr9V4AAQzJj.jpg large (resized).jpg
    1517625430361 (resized).jpg
    market (resized).png
    IMG_4227 (resized).JPG
    IMG_4226 (resized).JPG
    13EF5B98-12BB-418D-BD2A-7EE4AB8A86D0 (resized).png
    what_bubble (resized).jpg
    F5D9E5A1-A76D-4785-969B-5BEF8B4A60BA (resized).jpeg

    You're currently viewing posts by Pinsider kerryimming.
    Click here to go back to viewing the entire thread.

    #164 2 years ago
    Quoted from CaptainNeo:

    I did, and I don't understand who creates the coins and how they are giving them value.

    A "coin" is no more than a digital "address", a 160-bit number that represents a value of bitcoins. If you lose that number you lose your bitcoins, period. The only known hacks so far are people stealing bitcoin addresses; in the case of Mt.Gox, from the inside.

    There is a very good tutorial on BitCoin at Khan Academy, web search for "khan academy bitcoin". There are 5 parts but it's not that long.

    Promoted items from the Pinside Marketplace
    From: $ 9.99
    Eproms
    Matt's Basement Arcade
    $ 5,899.00
    Pinball Machine
    Operation Pinball
    $ 54.99
    Cabinet - Shooter Rods
    Lighted Pinball Mods
    $ 239.99
    Lighting - Led
    PinballBulbs
    $ 60.00
    Playfield - Plastics
    Ramp-O-Matic
    $ 430.00
    Cabinet - Armor And Blades
    MI Pinball Refinery
    $ 25.00
    Cabinet Parts
    Flashinstinct
    $ 85.00
    Playfield - Toys/Add-ons
    G-Money Mods
    $ 9,099.00
    Pinball Machine
    Operation Pinball
    € 3.70
    Flipper Parts
    Buthamburg
    $ 84.95
    Cabinet - Shooter Rods
    PinBoss Mods
    $ 9.99
    Eproms
    Matt's Basement Arcade
    $ 14.95
    Playfield - Toys/Add-ons
    ULEKstore
    $ 79.99
    Cabinet - Armor And Blades
    PinGraffix Pinside Shop
    $ 79.99
    Cabinet - Armor And Blades
    PinGraffix Pinside Shop
    $ 27.99
    Eproms
    Matt's Basement Arcade
    $ 26.50
    Playfield - Toys/Add-ons
    The MOD Couple
    From: $ 9.99
    Eproms
    Matt's Basement Arcade
    $ 18.99
    Eproms
    Matt's Basement Arcade
    $ 40.00
    Gameroom - Decorations
    Arcade Arts
    $ 76.95
    Cabinet - Shooter Rods
    Super Skill Shot Shop
    $ 9,599.00
    Pinball Machine
    Operation Pinball
    $ 9,000.00
    Pinball Machine
    Operation Pinball
    $ 69.99
    Playfield - Toys/Add-ons
    Lighted Pinball Mods

    You're currently viewing posts by Pinsider kerryimming.
    Click here to go back to viewing the entire thread.

    Hey there! Got a moment?

    Great to see you're enjoying Pinside! Did you know Pinside is able to run thanks to donations from our visitors? Please donate to Pinside, support the site and get anext to your username to show for it! Donate to Pinside