What is a Blockchain? Bitcoin Basics #1 - (For complete beginners).

697 views · Published 9 January 2018 · 15:01 · Indexed 22 September 2026

Channel: Kryptographyk · 2018 · Science & Technology

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Hey guys! 


I thought I’d visit, maybe revisit for some of you, the complete basics again, in a new series, called “Bitcoin Basics”.

This is aimed at complete beginners or those that may have been around for a while but who don’t yet fully understand the basic technology underlying Bitcoin and crypto currency.

Let me know if you guys would like more videos on the basics like this!


Peace out!
JJ.


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Don’t delay people, you are still early adopter’s! BUY BITCOIN TODAY!!

JOIN THE DISCORD SERVER HERE! 
https://discord.gg/y2rg4dM

If you appreciate what I do, and want to help me stay working at this full time, then please consider supporting the channel on Patreon. If a few of you give 2 dollars a month then I’ll be able to scrap the computer business and stay in this 100%!!
https://www.patreon.com/kryptographyk

Buy a LEDGER NANO S and keep your crypto safe, I CANNOT STRESS THIS ENOUGH!!
https://www.ledgerwallet.com/r/5823

For Australians hoping for a quick and easy way to buy a whole lot of different cryptos for AUD, check out CoinSpot here: (JUST MAKE SURE TO SELL THE COINS FROM WITHIN THE SITE AND TRANSFER AUD OUT OF YOUR ACCOUNT TO AVOID HIGH PRICES/FEES)
https://www.coinspot.com.au/?affiliate=PY3UY

Otherwise for a simpler alternative, or if you’re in another country, choose COINBASE:
https://www.coinbase.com/join/5984653832cc4f01c75e2fe6
But please be aware you will have to send the coins to another exchange like Bittrex or Binance to be able to buy other Alt-Coins.

CoinMama is another option to buy Bitcoin with a VISA or MASTERCARD and a great way to get around Coinbase’s initial tiny weekly limits. COINBASE AND EVERYWHERE ELSE IS CONGESTED RIGHT NOW AS WELL SO THESE GUYS COULD BE ANOTHER OPTION FOR YOU.
https://www.coinmama.com/?ref=kryptographyk
Or try cex.io here: https://cex.io/r/0/up115089862/0/
Another option is Binance: https://www.binance.com/?ref=16183206
Or gate.io: https://gate.io/signup/724434

If you want to buy IOTA, please do so at Bitfinex, (personally I do most of my trading at Bittrex but I LOVE Bitfinex’s charts!
https://www.bitfinex.com/?refcode=ReJfeWj8aP
NOTE: BITFINEX ALSO NOT ACCEPTING NEW ACCOUNTS ‪UNTIL 15TH JANUARY‬ SO GET AN ACCOUNT ON ONE OF THE ABOVE OPTIONS ASAP!

USE CODE: DMt2e0 with ANY purchase for an instant 3% discount with GENESIS MINING. 
https://www.genesis-mining.com/
(This is for those who are INTENT on trying cloud mining, believe me, Genesis are best in the biz!)

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