How to open bitcoin

Today there is a very large number of cryptocurrencies. The cryptocurrency market (“virtual” or “electronic” money) is successfully functioning and makes it possible to analyze the dynamics of the cost, supply and demand of about 90-100 different currencies. Among the largest in terms of capitalization are: Bitcoin, Ethereum, Monero, Litecoin, NEM, Ethereum Classic, Augur, Dash, Ripple, MaidSafeCoin and others.

Bitcoin Development

Bitcoin is the most common and expensive cryptocurrency. The term “bitcoin” is borrowed from the English language (“bitcoin”) and formed by merging the words “bit” (computer memory unit) and “coin” (coin).

Bitcoin is the first and most famous of the cryptocurrencies, the flagship of the cryptocurrency world. Bitcoin began its existence with a concept document, which was published on October 31, 2008 by a programmer under the pseudonym Satoshi Nakamoto. On January 3, 2009, the practical implementation of this concept in the program code begins.

At first, bitcoins were in demand only among mathematicians, cryptographers and programmers.

At an early stage in the development of BTC, its popularity was ensured by the Japanese exchange MtGox and the illegal online market Silk Road. Today, Bitcoin does not depend on one exchange or pool, and law enforcement officers have also learned to deal with illegal activities in the field of cryptocurrency circulation, as well as with other economic offenses.

This virtual currency has the advantages of being decentralized, all transactions involving it are anonymous, and there is no emission center. Trade transactions are carried out only in electronic format, and transactions for the purchase of this currency can be carried out through online exchanges (for example, BTC-E). With the help of special exchange offices in online networks (WebMoney) or through a Forex broker (FXOpen), cryptocurrency can be exchanged for the main currencies of the world. Also, bitcoins can be obtained as a result of accepting payment for the goods and services provided, or through the purchase directly from another owner. The latter option is considered profitable, since it does not provide for a commission inherent in an exchange office.

During the 9 years of its existence, bitcoin has become widespread in the Internet space. The number of companies that accept payments with this cryptocurrency is increasing every day. Among them are Virgin Galactic, The New York Times, CNN, Reuters, Zynga, Overstock and Tiger Direct, as well as the American divisions of the Red Cross organization that accept donations in bitcoins.

A fairly powerful impetus to the development of the Bitcoin system was its inclusion as one of the payment methods for goods in the world’s largest online store eBay. This event took place in April 2015.

Advantages and disadvantages of bitcoin

Virtual currency benefits:

  • high adaptability to the environment;
  • high speed of operations;
  • low maintenance costs;
  • decentralization of functioning;
  • free access to virtual currency;
  • high innovative potential;
  • Financial inclusion
  • creating competition from the traditional banking business.

Disadvantages of virtual currency:

  • low awareness and difficulty for potential consumers to understand;
  • lack of legal tender;
  • high volatility;
  • impossibility to cancel the agreement if the seller fails to fulfill its obligations;
  • low transparency;
  • threats;
  • the ability to commit financial crimes;
  • absence or insufficiency of consumer protection;
  • high probability of bankruptcy.

How to open a bitcoin wallet?

Opening a wallet is a pretty serious business. However, the professionals of the Author24 portal will easily talk about the algorithm for creating a virtual account.

To do this, you need to go through the procedure for registering a new wallet:

  1. Choose a service. Each user has the right to choose the site or service that is closest to him. The most correct solution is a website with a clear way to create an electronic currency.
  2. Fill out the form and create a password. Almost all sites go through this stage, so there is nothing to be afraid of. Fill in all the empty fields of the account and proceed to the next step.
  3. Mnemonic key to enter. The system will assign a mnemonic key to be stored on the computer. At the final stage, after entering your login and password, your new bitcoin wallet will open.

Official opponents of the use of military-technical cooperation cite two main disadvantages of virtual currency. Firstly, the anonymity of the transfer of funds prevents the state from controlling their movements, which makes it possible to freely withdraw funds from the country, and it is also a tool for developing the market for illegal goods (drugs, weapons, contraband, etc.). Secondly, the deflationary nature of the currency leads to a reduction in household spending and an increase in their savings. And this negatively affects the economy of the country as a whole. That is why most countries are opposed to the use of military-technical cooperation. Central banks and regulators around the world are afraid of cryptocurrencies due to the lack of controls.

When, after many sleepless nights, the diploma is finally ready, I want to pass it and forget it. But the university will not lag behind the student so easily. After all, the full text of the diploma was read only by the supervisor, and a whole commission will gather to evaluate it. Therefore, in many respects, his assessment depends on how the student defends his diploma.

So what is a successful defense?

  • Competent protection text
  • positive diploma review
  • confident answers to commission questions

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our specialists will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our specialists will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our specialists will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

Speech structure

Of course, what exactly to say in the defense depends mainly on the topic of the thesis and on what exactly is written in it, but there are general recommendations that are suitable for everyone.

  • First of all, we need to greet the members of the evaluation committee. (“Dear members of the attestation commission! Your attention is presented to the final qualifying work on the topic …”)
  • Introductory part. Here you need to reveal the topic and identify the issues that are raised in the work.
  • Relevance of the topic. At this stage, it is important to prove the relevance of the chosen topic and the degree of its development in other people’s works. Indicate the subject, object, objectives and purpose of the study.
  • Theme disclosure structure. Here you just need to list the paragraphs that are in the work and briefly describe them.
  • Problem statement. To confirm the relevance of the topic, it is necessary to state the problem and indicate the debatable opinions on this matter.
  • Conclusions. At the end of the speech, the commission should hear the conclusions that the student came to in the course of writing the diploma, in which there are ways and methods for solving the stated problems.

On the one hand, it seems that it is much easier to write a graduation speech than the diploma itself. However, high-quality speech is a skillful squeeze out of the work, as well as its competent presentation. And it often happens that a diploma is written with the highest score, and a student gets a worse grade. Therefore, if there is a lack of self-confidence, you can order a speech on our website. And then the probability of failure due to bad speech will disappear. After all, we give a twenty-day guarantee for the work, and if something does not suit you, you can demand that the author finalize the order for free. We make sure that students are satisfied, so if the final version of the work does not meet the stated requirements, you will get your money back.

Formal requirements

When writing a speech for a thesis, you must also take into account that there are purely formal requirements.

  • Time. Do not forget that there are many students, but only one commission. Therefore, the time for a defensive speech is regulated and ranges from 5 to 7 minutes. At the same time, you should remember about the time that will be spent on commission questions.
  • Intonation. Where, no matter how on the defense of a diploma, is it important to win over listeners? Therefore, it is better not to read the speech monotonously, making accents with intonation.
  • Style. When presenting a speech, it should be remembered that the main goal is understanding on the part of the commission. Therefore, you should not be too smart, but you can’t switch to colloquial speech either. In this matter, you need to observe the golden mean.
  • Pronouns. As in the diploma itself, it is important to remember during the defense that although the author of the diploma is clearly spelled out, there are a lot of true owners of knowledge reflected in the work (the authors of all the sources the student relied on plus the supervisor), so first-person pronouns are not appropriate here.
  • Questions. After the end of the speech, questions from the commission will inevitably follow, and you need to be ready for them. Suggested questions should be written down in the course of writing the thesis, work through all the questions that arose during the pre-defense, and you can also look at the questions at the end of chapters from textbooks on this topic.
  • Pre-protection. In such a matter as defending a diploma, it is better not to be presumptuous and neglect pre-defense. On it, you can practice giving a speech and write down possible questions from the audience. This will allow you to feel more confident in the official defense.

Of course, these are only recommendations, and no one forces you to strictly follow them. However, the rejection of some positions during the defense will create additional questions from the certification committee, which is not always loyal. Therefore, it is best to think through all possible questions and answer them in advance in a defensive speech. Then the teachers will have a minimum of questions, and they will be grateful for the saved time.