Steemit - Wow. What an amazing idea.

in #bitcoin7 years ago (edited)

This is my very first post here in steemit.

I discovered it after hearing someone mention steem and steam power on a YouTube video. For the rest of the video, he was talking about Bitcoin and that he was going to buy more steem with it.

That was the only clue I had that steem had something to do with cryptocurrencies - so I did a little digging. That's another way of me saying I 'Googled' it.

And now, here I am writing my first post!

Aren't cryptocurrencies exciting?

I remember hearing about Bitcoin on the TV news back when it was launched. I thought it was a fantastic idea even back then.
I also remember thinking how I would like to own some of this new form of money.

As the years passed there would be the occasional mention of it in the news: It's gone up in value. Someone lost a hard drive with millions of dollar worth of Bitcoin on it. More people becoming Bitcoin millionaires, and so on.

I had no idea how to get any. Although I knew how to create a web page or two, my skills with the technical and programming side of computing were (and still is) lacking.

Eventually I started watching YouTube videos about Bitcoin and discovered I could get some through a process called Mining. Then just as I thought I could connect my PC to some server somewhere and mine bitcoin, it became clear that my computer would not be powerful enough and I would need a 'rig' set up using a bunch of expensive graphic cards...

I always seemed to be two or three steps behind the times when it came to getting my hands on Bitcoin. I eventually settled for joining a mining pool - one day.

It wasn't until mid-May 2016 when I purchased my first bitcoin. I remember opening an account with Coinbase and buying part of a Bitcoin which I thought was very expensive at the time. $390 they were!

In January 2017 I purchased a Mining Plan with Genesis Mining and have been enjoying a daily deposit of BTC into my wallet ever since.

I've also lost a few Bitcoins on... OK I'll say it... scams.

Mostly though when I've purchased Bitcoin it's been to send somewhere as payment.

I also have a little Ethereum and Litecoin too just to hold on to as an investment.

But my very first Cryptocurrency I ever owned was a coin called ScotCoin!

Yes, there is a coin out there called Scotcoin and I had at one time 300,000 of them!

I think I still have 50,000 somewhere.

These coins were set up for the people of Scotland, which is where I'm from surprisingly enough.

My first ever cryptocurrency purchase was with Scotcoin! I bought an inspection lamp of all things from someone living not too far from me who also had a Scotcoin wallet.

I'm not sure just how popular Scotcoin will become as most people would just use Bitcoin anyway, which is the backbone of Scotcoin.

Now, here I am writing my first post in steemit, and looking to expand my steem holdings!

I also wish to learn how to use exchange sites like Bittrex as I love the idea of trading cryptocurrencies. It's time for me to watch more YouTube videos and educate myself some more.

I'll never stop learning as I know that I don't know what I don't know.

Billbillbrighton.jpg

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Welcome to the platform it is a great place to be, even if you don't have money to invest, you can earn it here and invest it back in. It is awesome.

Any good advice for a starter my lady?

Create your own original content. read and comment on 10 to 20 times as many posts as you create. Join Steemit.chat with the same user name you use here so people can find you easy. Write and post from the heart. Be you

Cool. Thanks for the advice :-)

Thanks for the welcome @tecnosgirl :-)

hi @billthomson Welcome to steemit. I like to learn more like you too or we can share idea and learn from each other.

Thanks for the welcome @channypong :-)

Welcome to the hood Brotha!

Thanks for the welcome @jonsnow1983 :-)

Welcome, I hope you enjoy it here.

Thanks for the welcome @carltong, I'm sure I'll get to understand it better the more time I spend here :-)

Welcome aboard Bill. Is that a cup of 'Pete's Coffee' your drinking in the pic?

I could say no, it was mine. I paid for it... LOL. To be honest, I've no idea. I was in Brighton one weekend. Went for a walk. Stopped for a coffee. No idea of the brand.

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