How to Buy Bitcoins (1)

About This Presentation

How to Buy Bitcoins (1)


PerfektPay is one interface, where you can enjoy trade cryptocurrencies under one roof. Through Perfektpay, you can also keep a track on value of Cryptocurrency, and can take the decision of Buying or selling instantly. – PowerPoint PPT presentation

Number of Views:191


Transcript and Presenter's Notes

Title: How to Buy Bitcoins (1)

(No Transcript)
What is digital currency ???
  • Digital currency or digital money is an
    Internet-based medium of exchange distinct from
    physical (such as banknotes and coins) that
    exhibits properties similar to physical
    currencies, but allows
  • instantaneous transactions and borderless
  • Both virtual currencies and cryptocurrencies are
    types of digital currencies, but the converse is

What is cryptocurrency ???
  • A cryptocurrency (or crypto currency) is a medium
    of exchange using cryptography to secure the
    transactions and to control the creation of
    additional units of the currency.
  • Cryptocurrencies are a subset of alternative
    currencies, or specifically of digital
  • There were more than 710 cryptocurrencies
    available for trade in online markets as of 11
    July 2016, but only 9 of them had market
    capitalizations over 10 million.

List of cryptocurrencies -
  • Bitcoin - BTC
  • Ethereum ETH
  • Ripple - XRP
  • Steem - STEEM
  • Litecoin - LTC
  • Ethereum Classic ETC
  • Dash - DASH
  • NEM - XEM
  • and many more

Now, we will discuss about one of the
Queries about bitcoin
  • How did it get started?
  • How is the currency created?
  • Why does it have value?
  • Who controls the value?
  • Who Accepts Bitcoin?
  • How Would I buy some Bitcoins?
  • Why would I want some Bitcoins?
  • Problems with Bitcoin currency.

How Did It Start ?
  • In 2009 A technical paper was posted on the
    internet by Satoshi Nakamoto titled Bitcoin A
    Peer-to- Peer Electronic Cash System

form of
  • It described a system of cryptocurrency that was
    not backed by any government or any
  • existing currency.
  • Interestingly, there is no such person. Its a

Where Do Bitcoins Come From ?
  • Bitcoin is based on solving an encryption formula
    which requires extreme amounts of
  • computing power.
  • Each time you solve a portion of the formula you
    earn a Bit Coin.
  • Websites like help you set up the
    mining formula.
  • Companies began to sell hardware called gate
    array miners to enhance the processing speed.
  • Only 21 million Bit Coins will ever exist
  • Nearly all Bitcoins have been mined and are now
    in circulation.

What is the Vision of Bitcoins ?
  • Bitcoins are intended to be digital currency.
  • Buyers and sellers will use them and eliminate
    all the middlemen such as credit cards, ATM
    machines, etc.
  • Bitcoins will be safer than carrying a plastic
  • Bitcoins will be an international currency with
    no exchange transaction

What is the Value of a Bitcoin ?
  • Bitcoins are like diamonds or gold no intrinsic
  • As more people want to buy Bitcoins, sellers will
    charge more.
  • Its a free market and as wild as you can
  • No rules, regulations or oversight.
  • Speculators who think Bitcoins will be
    successful, buy as many as they can and hold
    them price appreciation.
  • If 21 million Bitcoins are in circulation and
    current price is 500, then total
  • market value is 10 Billion.

Who Sells Bitcoins ?
  • Larger Buyers go to Exchanges
  • An Exchange is a website with significant
    software and funding
  • There are at least 25 Bitcoin Online trader in
    the India alone
  • We can buy and sell the bitcoins using our bank
  • We can get the list from

Contact Us
Perfekt Capital Limited,Unit 804 8F Boss
Commercial Centre28 Ferry Street, Yau Ma
Tei,Kowloon, Hong Kong
Email Customer Support
Global Phone Support 852 6024 5489
Write a Comment
User Comments (0)