Urban dictionary bitcoin

Bitcoin is an incredible intellectual and technical achievement,.If you do not want to be moderated by the person who started.Find all you need to know and get started with Bitcoin on bitcoin.org.Bitcoin, launched in 2009, is the most successful cryptographic currency to date.Bitcoin — electronic currency that can be transferred securely without the need of a third party.A fiduciary is a person who acts on behalf of another person, or persons to manage.

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Bitcoin is a worldwide cryptocurrency and digital payment system.


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Donald Trump Is Trolling the Media Into Oblivion. Jul 9,. according to the scholarly journal Urban Dictionary,.An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc.

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Unlike traditional currencies such as dollars, bitcoins are issued and.If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless.

Like any other asset, the principle of buy low and sell high applies to bitcoins.The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins.Encyclopedia Dramatica Facebook Reddit Twitter Urban Dictionary Wikipedia About. Bitcoin.The private key (comparable to an ATM PIN) is meant to be a guarded secret, and only used to authorize Bitcoin transmissions.Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity and universality.Courts have been turning to slang reference website Urban Dictionary when defining colloquial language where dictionaries fail to provide support.Bitcoin is an innovative payment network and a new kind of money.

Fraud Risk: While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins.All major scientific discoveries, no matter how original-seeming, were built on previously existing research.As a result, the price of bitcoin has to increase as its cost of production also rises.WorkForBitcoin brings together work seekers and prospective employers through its website.

Bitcoin has been successful due to its acceptance by drug and child porn sellers, and other criminal organizations.Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto.Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.

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Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction.Urban Dictionary defines a shmo as: A dumb person, a person that has ignorance and no reality of life. A. Momentum Monday and Banking on Bitcoin.Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013.

Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.Most Dictionaries Have Multiple Entries Describing Bitcoin L. Most Dictionaries Have Multiple Entries. to the Urban Dictionary.

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One bitcoin is divisible to eight decimal places (100 millionth of one bitcoin), and this smallest unit is referred to as a Satoshi.

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It was founded in July 2011 and as of February 2015 handles around 2.5% of all Bitcoin.

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Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).

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Many investor alerts have been issued by the Securities and Exchange Commission ( SEC ), the Financial Industry Regulatory Authority ( FINRA ), the Consumer Financial Protection Bureau ( CFPB ), and other agencies.Indeed, the value of the currency has seen wild swings in price over its short existence.

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Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments.

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