Help:FAQ - Revision history

Sysadmin: Fixed formatting, missing capitalization, misplaced punctuation some spelling and small repetition issues

2025-08-30T22:09:51Z

Fixed formatting, missing capitalization, misplaced punctuation some spelling and small repetition issues

← Older revision		Revision as of 22:09, 30 August 2025
Line 3:		Line 3:
	== General ==		== General ==
	=== What is Bitcoin? ===		=== What is Bitcoin? ===
	Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants. As P2P cash, ~~bitcoin serve~~ the monetary functions of a "medium of exchange" and occasionally, as a "unit of account." Bitcoin's programmatic decaying issuance ~~rate–the~~ operation of [[~~https://en.bitcoin.it/wiki/Controlled_supply~~\|~~bitcoin's~~ periodic "halving" function]]~~–further~~ adds the monetary function of a "store of value" against fiat currency systems. Exhibiting three related, but independent monetary qualities, bitcoin presents a transformational form of money detached from centralized financial systems.		Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants. As P2P cash, Bitcoin serves the monetary functions of a "medium of exchange" and occasionally, as a "unit of account". Bitcoin's programmatic decaying issuance rate – the operation of [[Controlled supply\|a periodic "halving" function]] – further adds the monetary function of a "store of value" against fiat currency systems. Exhibiting three related, but independent monetary qualities, bitcoin presents a transformational form of money detached from centralized financial systems.

	=== What are bitcoins? ===		=== What are bitcoins? ===

Mcclintock: /* What is Bitcoin? */

2025-08-22T17:24:20Z

What is Bitcoin?

← Older revision		Revision as of 17:24, 22 August 2025
Line 3:		Line 3:
	== General ==		== General ==
	=== What is Bitcoin? ===		=== What is Bitcoin? ===
	Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants.		Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants. As P2P cash, bitcoin serve the monetary functions of a "medium of exchange" and occasionally, as a "unit of account." Bitcoin's programmatic decaying issuance rate–the operation of [[https://en.bitcoin.it/wiki/Controlled_supply\|bitcoin's periodic "halving" function]]–further adds the monetary function of a "store of value" against fiat currency systems. Exhibiting three related, but independent monetary qualities, bitcoin presents a transformational form of money detached from centralized financial systems.

	=== What are bitcoins? ===		=== What are bitcoins? ===

WikiR: Removed broken links (gocelery.com, bipsmarket.com, bitit.gift) and outdated content (Cubits.com, inactive since 2021) to ensure the accuracy and relevance of the article.

2025-02-18T23:53:37Z

Removed broken links (gocelery.com, bipsmarket.com, bitit.gift) and outdated content (Cubits.com, inactive since 2021) to ensure the accuracy and relevance of the article.

← Older revision		Revision as of 23:53, 18 February 2025
Line 13:		Line 13:
	There are a variety of ways to acquire bitcoins:		There are a variety of ways to acquire bitcoins:
	* Accept bitcoins as payment for goods or services.		* Accept bitcoins as payment for goods or services.
	* You can buy bitcoins from ~~[https://www.bitit.gift/ Bitit]~~ [https://www.coinbase.com/buy-bitcoin Coinbase], [https://paybis.com/ PayBis], ~~[http://cubits.com/ Cubits]~~, [https://www.coincorner.com CoinCorner~~], [[File:BIPS.gif\|20px\|link=https://bipsmarket.com]] [https://bipsmarket.com BIPS Market~~], [https://circle.com Circle~~], or [http://gocelery.com/ Celery~~].		* You can buy bitcoins from [https://www.coinbase.com/buy-bitcoin Coinbase], [https://paybis.com/ PayBis], , [https://www.coincorner.com CoinCorner], [https://circle.com Circle].
	* The most common way to buy bitcoins are the [[Buying bitcoins\|Bitcoin Exchanges]].		* The most common way to buy bitcoins are the [[Buying bitcoins\|Bitcoin Exchanges]].
	* There are several services where you can [[Buying_Bitcoins_(the_noob_version)\|trade them]] for traditional currency. There are price comparison websites where you can compare prices at various exchanges, brokers, and dealers, for example, [https://exchangerates.pro ExchangeRates.Pro]		* There are several services where you can [[Buying_Bitcoins_(the_noob_version)\|trade them]] for traditional currency. There are price comparison websites where you can compare prices at various exchanges, brokers, and dealers, for example, [https://exchangerates.pro ExchangeRates.Pro]

Bandicooteggs: /* See Also */

2020-12-21T22:26:14Z

Nikki888: /* Can I buy bitcoins with Paypal? */

2020-11-16T14:07:37Z

Can I buy bitcoins with Paypal?

← Older revision		Revision as of 14:07, 16 November 2020
Line 52:		Line 52:

	Buying Bitcoins from individuals this way is still possible, but requires the seller to have some trust that the buyer will not file a claim with PayPal to reverse the payment.		Buying Bitcoins from individuals this way is still possible, but requires the seller to have some trust that the buyer will not file a claim with PayPal to reverse the payment.

			In November 2020, PayPal announced that all account holders in the US would be able to buy and sell cryptocurrencies including Bitcoin through its platform. The news followed its announcement in October 2020 that it would introduce options for cryptocurrency buying and selling, through a partnership with Paxos Crypto Brokerage.

	Also [https://paybis.com/ PayBis] allows you to buy Bitcoins with PayPal. You may find other exchanges and individuals willing to accept Paypal for Bitcoins at [https://exchangerates.pro ExchangeRates.Pro], price comparison of cryptocurrency exchanges and p2p market.		Also [https://paybis.com/ PayBis] allows you to buy Bitcoins with PayPal. You may find other exchanges and individuals willing to accept Paypal for Bitcoins at [https://exchangerates.pro ExchangeRates.Pro], price comparison of cryptocurrency exchanges and p2p market.

Sr.ganador: /* Can I buy bitcoins with Paypal? */ removed dead link ti bitbuy.in and added price comparison

2019-06-17T09:29:33Z

Can I buy bitcoins with Paypal?: removed dead link ti bitbuy.in and added price comparison

← Older revision		Revision as of 09:29, 17 June 2019
Line 53:		Line 53:
	Buying Bitcoins from individuals this way is still possible, but requires the seller to have some trust that the buyer will not file a claim with PayPal to reverse the payment.		Buying Bitcoins from individuals this way is still possible, but requires the seller to have some trust that the buyer will not file a claim with PayPal to reverse the payment.

	Also ~~[https://bitbuy.in/ bitbuy.in] and~~ [https://paybis.com/ PayBis], allows you to buy Bitcoins with PayPal.		Also [https://paybis.com/ PayBis] allows you to buy Bitcoins with PayPal. You may find other exchanges and individuals willing to accept Paypal for Bitcoins at [https://exchangerates.pro ExchangeRates.Pro], price comparison of cryptocurrency exchanges and p2p market.

	=== Where can I find a forum to discuss Bitcoin? ===		=== Where can I find a forum to discuss Bitcoin? ===

Sr.ganador: /* How can I get bitcoins? */ added price comparison link

2019-06-17T09:17:53Z

How can I get bitcoins?: added price comparison link

← Older revision		Revision as of 09:17, 17 June 2019
Line 14:		Line 14:
	* Accept bitcoins as payment for goods or services.		* Accept bitcoins as payment for goods or services.
	* You can buy bitcoins from [https://www.bitit.gift/ Bitit] [https://www.coinbase.com/buy-bitcoin Coinbase], [https://paybis.com/ PayBis], [http://cubits.com/ Cubits], [https://www.coincorner.com CoinCorner], [[File:BIPS.gif\|20px\|link=https://bipsmarket.com]] [https://bipsmarket.com BIPS Market], [https://circle.com Circle], or [http://gocelery.com/ Celery].		* You can buy bitcoins from [https://www.bitit.gift/ Bitit] [https://www.coinbase.com/buy-bitcoin Coinbase], [https://paybis.com/ PayBis], [http://cubits.com/ Cubits], [https://www.coincorner.com CoinCorner], [[File:BIPS.gif\|20px\|link=https://bipsmarket.com]] [https://bipsmarket.com BIPS Market], [https://circle.com Circle], or [http://gocelery.com/ Celery].
	* The most common way to buy bitcoins are the [[Buying bitcoins\|Bitcoin Exchanges]]		* The most common way to buy bitcoins are the [[Buying bitcoins\|Bitcoin Exchanges]].
	* There are several services where you can [[Buying_Bitcoins_(the_noob_version)\|trade them]] for traditional currency.		* There are several services where you can [[Buying_Bitcoins_(the_noob_version)\|trade them]] for traditional currency. There are price comparison websites where you can compare prices at various exchanges, brokers, and dealers, for example, [https://exchangerates.pro ExchangeRates.Pro]
	* You can also buy bitcoins using [http://nationalbitcoinatm.com Bitcoin ATMs] that are locally in your area.		* You can also buy bitcoins using [http://nationalbitcoinatm.com Bitcoin ATMs] that are locally in your area.
	* Find someone to trade cash for bitcoins in-person through a [https://en.bitcoin.it/wiki/Category:Directories local directory].		* Find someone to trade cash for bitcoins in-person through a [https://en.bitcoin.it/wiki/Category:Directories local directory].

Belcher: /* I'd like to learn more. Where can I get help? */ Remove bitcoin.com link

2019-05-13T15:16:11Z

I'd like to learn more. Where can I get help?: Remove bitcoin.com link

← Older revision		Revision as of 15:16, 13 May 2019
Line 391:		Line 391:
	* Listen to [http://omegataupodcast.net/2011/03/59-bitcoin-a-digital-decentralized-currency/ this podcast], which goes into the details of how bitcoin works		* Listen to [http://omegataupodcast.net/2011/03/59-bitcoin-a-digital-decentralized-currency/ this podcast], which goes into the details of how bitcoin works
	* Ask questions on the [http://bitcoin.stackexchange.com Bitcoin Stack Exchange]		* Ask questions on the [http://bitcoin.stackexchange.com Bitcoin Stack Exchange]
	* Use [http://bitcoinx.io BitcoinX.io] to help beginners learn about reputable Bitcoin exchanges and Bitcoin wallets

	==See Also==		==See Also==

Belcher: /* How long does "synchronizing" take when the Bitcoin client is first installed? What's it doing? */ Remove broken link and linked to other pages in wiki

2019-01-08T23:33:38Z

How long does "synchronizing" take when the Bitcoin client is first installed? What's it doing?: Remove broken link and linked to other pages in wiki

← Older revision		Revision as of 23:33, 8 January 2019
Line 281:		Line 281:
	=== How long does "synchronizing" take when the Bitcoin client is first installed? What's it doing? ===		=== How long does "synchronizing" take when the Bitcoin client is first installed? What's it doing? ===

	The popular Bitcoin client software from bitcoin.org implements a "full" Bitcoin node: It can carry out all the duties of the Bitcoin P2P system, it isn't simply a "client". One of the principles behind the operation of full Bitcoin nodes is that they don't assume that the other participants have followed the rules of the Bitcoin system. During synchronization, the software is processing historical Bitcoin transactions and making sure for itself that all of the rules of the system have been correctly followed.		The popular [[Bitcoin Core\|Bitcoin client software]] from bitcoin.org implements a [[Full node\|"full" Bitcoin node]]: It can carry out all the duties of the Bitcoin P2P system, it isn't simply a "client". One of the principles behind the operation of full Bitcoin nodes is that they don't assume that the other participants have followed the rules of the Bitcoin system. During synchronization, the software is processing historical Bitcoin transactions and making sure for itself that all of the rules of the system have been correctly followed.

	In normal operation, after synchronizing, the software should use a hardly noticeable amount of your computer's resources.		In normal operation, after synchronizing, the software should use a hardly noticeable amount of your computer's resources.
Line 287:		Line 287:
	When the wallet client program is first installed, its initial validation requires a lot of work from your computer's hard disk, so the amount of time to synchronize depends on your disk speed and, to a lesser extent, your CPU speed. It can take anywhere from a few hours to a day or so. On a slow computer it could take more than 40 hours of continuous synchronization, so check your computer's power-saving settings to ensure that it does not turn its hard disk off when unattended for a few hours. You can use the Bitcoin software during synchronization, but you may not see recent payments to you until the client program has caught up to the point where those transactions happened.		When the wallet client program is first installed, its initial validation requires a lot of work from your computer's hard disk, so the amount of time to synchronize depends on your disk speed and, to a lesser extent, your CPU speed. It can take anywhere from a few hours to a day or so. On a slow computer it could take more than 40 hours of continuous synchronization, so check your computer's power-saving settings to ensure that it does not turn its hard disk off when unattended for a few hours. You can use the Bitcoin software during synchronization, but you may not see recent payments to you until the client program has caught up to the point where those transactions happened.

	If you feel that this process takes too long~~, you can download a pre-synchronized blockchain from [http://eu2.bitcoincharts.com/blockchain/ http://eu2.bitcoincharts.com/blockchain/]. Alternatively~~, you can try an alternative ~~"lite" client~~ such as ~~Multibit or a super-light client like electrum~~, though these clients have ~~somewhat~~ weaker security~~, are less mature,~~ and ~~don't contribute to the health of the P2P network~~.		If you feel that this process takes too long, you can try an alternative [[lightweight node]] such as [[Electrum]], though these clients have weaker security and privacy. See also: [[Full_node#Why_should_you_use_a_full_node_wallet\|Why should you use a full node wallet]]

	==Networking==		==Networking==

Harding: Undo revision 65498 by RunCPA (talk)

2018-06-25T21:49:44Z

Undo revision 65498 by RunCPA (talk)

← Older revision		Revision as of 21:49, 25 June 2018
Line 19:		Line 19:
	* Find someone to trade cash for bitcoins in-person through a [https://en.bitcoin.it/wiki/Category:Directories local directory].		* Find someone to trade cash for bitcoins in-person through a [https://en.bitcoin.it/wiki/Category:Directories local directory].
	* Participate in a [[Pooled mining\|mining pool]].		* Participate in a [[Pooled mining\|mining pool]].
	* If you have a lot of ~~[https://cryptocomes.com/cryptocurrency-cloud-~~mining~~-vs-~~hardware~~-mining-which-is-more-profitable mining hardware]~~, you can solo mine and attempt to create a new [[block]] (currently yields 12.5 bitcoins plus transaction fees).		* If you have a lot of mining hardware, you can solo mine and attempt to create a new [[block]] (currently yields 12.5 bitcoins plus transaction fees).
	* Visit sites that provide [[Trade#Free_Samples_and_Offers\|free samples and offers]].		* Visit sites that provide [[Trade#Free_Samples_and_Offers\|free samples and offers]].

← Older revision		Revision as of 22:26, 21 December 2020
Line 394:		Line 394:
	* Ask questions on the [http://bitcoin.stackexchange.com Bitcoin Stack Exchange]		* Ask questions on the [http://bitcoin.stackexchange.com Bitcoin Stack Exchange]

	==See ~~Also~~==		==See also==

	* [[Man page]]		* [[Man page]]