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BitCoin Information Section

Bitcoin is different than any currency you’ve used before, so it's very important to understand some key points. Unlike government-issued money, that can be inflated at will, the supply of bitcoin is mathematically limited to twenty-one million bitcoins, and that can never be changed.

Bitcoins are impossible to counterfeit or inflate. You can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to block, and bitcoin wallets can’t be frozen. Short of turning off the entire world's internet, and keeping it turned off, the Bitcoin network is unstoppable and uncensorable.

While Bitcoin brings unparalleled freedom, it also requires increased user responsibility, but the rewards are well worth your time. Read on to learn how to save 20% on everything from Amazon thanks to Bitcoin. Or you can direct questions to lots of other Bitcoin users in our Bitcoin forum.

Bitcoin will do to banks what e-mail did to the postal industry.

~ Rick Falkvinge

What is BitWatchers

BitWatchers is a quickly growing web community that's completely devoted to the market that's surrounded BitCoins since it's creation in the last decade and a half.

At BitWatchers, our aim is completely devoted to all aspects of the BitCoin Market. From Mining to Buying, Selling, Trading, to Wallet Creation, to use, and more; Our goal is to help everyone, new and professional, understand BitCoins in general, and BitCoin trading.

This includes more than providing a safe place to trade, though. As our community continues to grow and outpace other developing communities we'll be bringing you in-depth coverage from speculation markets, price fluctuations, Wallet Reviews, and development, as well as information about other Cryptocurrencies and how BitCoin compares and continues to exceed all expectations.

We hope you'll continue to use BitWatchers in the years to come, as we're hoping with your help we can continue to grow, expand, and adapt to all of our user's needs.

The BitWatchers Team

Bitcoin is the beginning of something great. A Currency without a government. Something necessary, and imperative

~ Nassim Nickolas Taleb

Bitcoin Forum

Who The Fuck Is
Satoshi Nakamoto?

The Charlie Shrem

Bitcoin Mining Is Dead

It’s fast

When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster.

Transactions can be instantaneous if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. Or, they can take around 10 minutes if a merchant requires the transaction to be confirmed. That is far faster than any inter-bank transfer.

It’s cheap

What’s that you say? Your credit card transactions are instantaneous too? Well, that’s true. But your merchant (and possibly you) pay for that privilege. Some merchants will charge a fee for debit card transactions too, as they have to pay a ‘swipe fee’ for fulfilling them. Bitcoin transaction fees are minimal, or in some cases free.