Bitcoin: How Cryptocurrencies Work

Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems.

Hosted by: Michael Aranda

Special Thanks: Dalton Hubble

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  • mac-homer inodeo

    I got my payment here invest now

  • Sebastian Rod

    Nice, the energy keeps beeing the most important value for the money, or bitcoin.

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  • Andy Liang

    I have no idea what your saying



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  • Richard Goldsberry

    Anybody else uses Kriptomat to buy crypto? The EU licenses and direct fiat pair is really great for me.

  • Pamela Ann

    Very good theory. If you look at the information and history of humans, we're somewhat predictable over time. How it will correctly play out is hard to tell, and you illustrated that nicely in your chart. I had hoped you might extrapolate another line onto that chart of the various technologies. Would be nice to see what a possible time span it might take considering the increasing velocity of scientific discoveries. Technically speaking, blockchain has had the potential to exist as early as the first internet networks. The need for it, or it's discovery, has taken a while since the earliest computers communications. I think the industry leaders are now adopting more than anyone can imagine, so the switch from fiat to a digital asset will be very easy. It's in their best interest. Already several stock exchanges have said they are going to switch to blockchain securities trading in as little as one year. Will be crazy to see the financial industry make a small sidestep into blockchain. I like your ideas and you illustrate them well this way. The current trend of hodling currency for life from a financial point of view is a wrong strategy for profiting. There is a significant difference between stocks which can be based on professional advice held and currencies (cryptocurrency), and this is because most of them are hypes and highly speculative. I have made over $80,000 in the last two months day trading my BTC which I am sure would be a fantasy if I where hodling. I used a trading system developed by Mrs. Bertha, and with her trading pattern and signals, Im aiming for higher highs. If you have any inquiries, you can reach her on {officialforextrade247 @gmail,|com<>

  • Mac Gyver

    "math problems" who is the customer paying to have the math problems fixed?this is the scheming talk bankers used in the financial crisis in 2008

  • Richard Bensom

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  • Jovetj

    I "love" how the comments are flooded with scammers and adverts for everyone's famous get rich quick scheme cryptocurrency or cryptobroker. What a joke.

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  • Murtuza Husain

    Good explanation with great analogies!

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  • Hulagu Mongke

    Pal, slow down a bit and take a breathe

  • Scott Wiseman

    thanks for the like. Hey I like to teach people and I have to say when someone it doing a great job!

  • Liz Natasha

    Somebody tell all youtubers we dont care about intros...i always skip😂

  • Jovetj

    Nothing is worth anything unless someone else thinks it is. I wouldn't pay two cents for any cryptocurrency, because it has no value to me. The only reason any cryptocurrency "has" value is because others have been made to believe that it does. Hurray for them.

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  • Split Spade

    You talk about being confusing as hell lol I still don't understand

  • Rolland Johnstone

    In just about 12 months, BTC has made a drop of over 80% from a peak of $19,800 to less than $4,000 and I wonder how silly those that kept talking of $100,000 and more look now. Seriously, how much more evidence do we need that cryptocurrencies are purely speculative bubbles that are best treated as such and milked at the moment? The only space for investing is in real companies doing actual business with real currency valuation. My forecast for the long-term value of bitcoin is 0$, 0€, 0£, 0¥. Don’t get me wrong, I am not a crypto hater, in fact, I am above average financially but I still have a strategy which I implement with which I make a minimum of $30,000 monthly for a couple of months already. Even though I get assistance from Mr. James Long with trade strategies and signals, I still trade on my own so I don’t have to grant anyone access to my trade account (funds). What I do is seek his opinion on the markets as he is a very seasoned analyst and trader and then I use his signals which are very simple to use in placing trades and in the process, I learn a lot from him. You can mail him** (jameslong241 @ gmail. com) if you need his assistance too. A word of caution, never mix emotion with coins if you want to succeed and you have to be brutal as well i.e sell, buy, and trade when you have to follow the rules and always seek help if you are not already a master trader and are not making good and consistent profit on your own already.

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  • Jp

    This is over all a great video but an explanation of a "nonce" is an extremely important part of understanding what makes bitcoin work.

  • Kelly Ella

    Have been on this YouTube for a while not until I met hachercheung@gmail,com he generate me 4BTC to my blockchain wallet you can also contact him and give him a try or via WhatsApp +1 845-293-3085 I’m sure you won’t regret meeting him

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  • Geddoe

    Couple of days ago didnt know much about cryptocurrencies.Few days later....brb going to the mine and i will check my faucets 😉😂

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  • Joseph C Ethan

    to invest in cryptocurrencies and earn profitable wages you need an encoded system that helps you bypass all crypto market risks which i apply in my trades to identify accurately when any crypto, small cryptos or digital currencies will grow or rise. The system is programmed at an encoded rate to optout portfolio when price is going low.. It will also sell off or switch to higher cryptocurrency keeping you on maximized payout.. I have made over $10k every three days with this, without losing a dime.. For example before bitcoin started dropping the system predicted that it will drop at $4550.. And at $4180 the price dropped to an all time low of $3512. just days back, it predicted that bitcoin will rise to $4000, and its no coincidence that bitcoin is $4120, getting a 33% increase, and i am very positive when i say it will rise to about $6000 soon as it has been predicted by the system. the system works perfect with BTC, BCH ETH DOGE, CARDANO, to name a few. If you can just have little hope and positivity and follow my instructions i can guide new and aspiring crypto traders to become successful trading cryptocurrencies and digital currency. do not let this december crypto bubble pass you by

  • Arik Karim

    In 2:15, is that my boi CGP Grey????

  • Brad Sylvester

    Is the exchange that has 20+ languages and direct fiat pairs?

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    wow.... a whole new world for me

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    Great site for cryptocurrency earnings !!! Chat and get crypt! Many games for cryptocurrency !!!

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    I really want to be a member of bitcoin

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  • KennetPausE92

    The last 2 months, I have made over $60,000 from trading bitcoin but my success never started that way as I had made substantial losses before my turning point in the Crypto space. I bought 2Btc last year which quickly rose in the bull run but eventually lost Most of it and sold off what was left. That was the last I would ever have to do with bitcoins until I was introduced to Brandon Gaston first of, he asked to know my trade experience. He then gave me a quick insight on what to Look out for when choosing a platform and a bunch of other things most experienced traders may never tell you. Most importantly, he introduced me to his specially designed layout and provided me with professional advice and accurate trade signals. With his system,Trading has become easy and profitable and I just want to spread the word and thus help as many that are in my previous unfortunate situation. For all questions, you can reach out for his help on this (Gastonbrandonn@gmail. Com) WhatsApp + 44 7482877027

  • Kenneth Ross

    Sounds like if your electric gets shut off means your bankrupt???What's up with that?? Also ya gotta have a divice or computer..whats up with that???Sounds like way to many problems....way to many...what or where is simple in this??????

  • Dale Schaible

    With the system Mr Harry mark George uses I haven't seen any losses in my trade with him.

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  • colins swiss

    Do you know you can still make money regardless of the Ongoing SAGA? It's very simple to understand that with no pain there is no gain.Thank you for your endless insights,For many of us, it’s great to hear all sides of the crypto-market. I still want to use this medium to appreciate who ever posted about Bryan Miller three months ago, You are part of my Success Story. I know the market is crashing daily and the Drop in price is very Discouraging, But Trading is the only way out in times like this, Hodling isn't investment advice, I Suffered more losses as a Hodler compared to when i got into full time Trading. I have been able to Earn some profits to cover up for the debts i owed with my 2months of experience trading with MORGAN's Strategy ,He is down to earth and always ready to serve, tho He charged me after I made profits, but it was worth it.he is reliable, honest, consistent and very experienced, Trading Is the only way out Now, why we wait on the better days ahead of us, to get more info about My Coach on his /Telegram-@bryan.c24options Number +1-214-531-6805 )

  • cglees

    But still....where does the actual value come from?

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