bitcoin

Hello, you have come here looking for the meaning of the word bitcoin. In DICTIOUS you will not only get to know all the dictionary meanings for the word bitcoin, but we will also tell you about its etymology, its characteristics and you will know how to say bitcoin in singular and plural. Everything you need to know about the word bitcoin you have here. The definition of the word bitcoin will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofbitcoin, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
See also: Bitcoin, BitCoin, and bitcóin

English

Etymology

The bitcoin (proper noun sense 1) logo.

From bit (binary digit) +‎ coin,[1] coined by Satoshi Nakamoto, believed to be a pseudonym for one or more people, in the domain name bitcoin.org registered on 18 August 2008; and in the title of the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System”, a link to which was posted on the cryptography mailing list metzdowd.com on 31 October 2008:[2] see the quotation.

Pronunciation

Proper noun

bitcoin

  1. (uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.
    Hypernym: cryptocurrency
    We do not accept bitcoin at this store.
    • 2008 October 31, Satoshi Nakamoto , “Bitcoin: A Peer-to-Peer Electronic Cash System”, in Bitcoin.org, archived from the original on 2025-01-04:
      Bitcoin: A Peer-to-Peer Electronic Cash System [] What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. [] In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions.
    • 2011 December, Benjamin Wallace, “The Rise and Fall of Bitcoin”, in Wired, San Francisco, Calif.: Condé Nast Publications, →ISSN, →OCLC, archived from the original on 2025-01-02:
      man named Satoshi Nakamoto posted a research paper to an obscure cryptography listserv describing his design for a new digital currency that he called bitcoin.
    • 2014, Dale Blake, “Getting and Selling Bitcoins”, in Bitcoin Guide for Beginners: Bitcoin Trading and Mining Made Easy, La Vergne, Tenn.: Mihails Konoplovs, →ISBN:
      [Bitcoins] do not depend on the state banks, but are created through mining. Mining is also called as hashing. It is a process of solving complex math problems using those computers which run bitcoin software.
    • 2015, Scott Green, “Bitcoin Growth and Trends”, in Bitcoin: The Ultimate A–Z of Profitable Bitcoin Trading & Mining Guide Exposed! (The Blokehead Series), Milan: Scott Green, →ISBN:
      Other e-commerce sites that accept bitcoin are: Bitcoinshop.us which offers products like watches and air conditioners and ships to people within the United States; [] Travel booking websites also start to accept bitcoin sales on flights, hotel bookings to at least 200,000 hotels and railway Amtrak through their platforms.
    • 2016, Prypto , “Bitcoin Security”, in Bitcoin for Dummies (For Dummies), Hoboken, N.J.: John Wiley & Sons, →ISBN, part III (Using Bitcoin in Business), page 137:
      Individual bitcoin users are not the only driving force in terms of securing the bitcoin network. Over the past few years, dedicated bitcoin nodes have been added to the network with the sole purpose of receiving and broadcasting new bitcoin transactions to other users and nodes on the network.
    • 2017 June, Andreas M Antonopoulos, “Introduction”, in Tim McGovern, editor, Mastering Bitcoin: Programming the Open Blockchain, 2nd edition, Sebastopol, Calif.: O’Reilly Media, →ISBN, page 11:
      Find a friend who has bitcoin and buy some from him or her directly. Many bitcoin users start this way. This method is the least complicated. One way to meet people with bitcoin is to attend a local bitcoin meetup listed at Meetup.com (https://meetup.com).

Alternative forms

Noun

bitcoin (plural bitcoins or bitcoin)

  1. (countable, computing, finance) A unit of the bitcoin (proper noun sense 1) cryptocurrency.
    Synonyms: , BTC, XBT (all symbols)
    This item costs one bitcoin.
    • 2008 November, Alex Marchand, “What is Money?”, in Dissolving Dollars: Exposing the Debt-based Insanity behind Modern Money, [S.l.]: 451° Publishing, published April 2015, →ISBN, page 12:
      The value of fiat money is determined by legal means (legal tender laws). In other words, fiat money is anything the government says in money. For instance, if the government says an IOU or a bitcoin is money, then it is money. The major currencies of the contemporary world are fiat money.
    • 2011 December, Benjamin Wallace, “The Rise and Fall of Bitcoin”, in Wired, San Francisco, Calif.: Condé Nast Publications, →ISSN, →OCLC, archived from the original on 2025-01-02:
      Users willing to devote CPU power to running a special piece of software would be called miners and would form a network to maintain the block chain collectively. [] The first miner to solve each puzzle would be awarded 50 new bitcoins, and the associated block of transactions would be added to the chain. [] [Satoshi] Nakamoto himself mined the first 50 bitcoins—which came to be called the genesis block—on January 3, 2009.
    • 2013, Elda Watulo, John Davidson, “Making a Hash of It”, in How to Make Money Online With Digital Currency Bitcoins (Entrepreneur Book Series; 8), [S.l.]: JD-Biz Publishing, →ISBN:
      Each time you succeed in creating a hash, you are rewarded with 25 bitcoins, the block chain is updated and all the users on the network are notified. This serves as an incentive to keep mining the bitcoins and keep the bitcoin transactions working.
    • 2014, Kinsley Wallace, “How to Invest and Trade Bitcoins”, in Bitcoins: How to Invest, Buy and Sell: A Guide to Using the Bitcoin, : Speedy Publishing, →ISBN:
      They buy bitcoins at a lower price then sell them at a higher value.
    • 2017, Chris Burniske, Jack Tatar, Cryptoassets: The Innovative Investor’s Guide to Bitcoin and beyond, New York, N.Y.: McGraw-Hill Education, →ISBN, page 177:
      But consider that a significant amount of bitcoin is also being held by investors. Those investors do not plan to sell their bitcoin for some time because they are speculating that due to its utility as MoIP, demand will continue to rise and so too will its value. Currently, roughly 5.5 million bitcoin, or US$5.5 billion worth at the price of US$1,000 per coin, is held by the top 1,000 addresses recorded in Bitcoin's blockchain.

Derived terms

Subdivisions of bitcoin
Other terms

Translations

References

  1. ^ Bitcoin, n.”, in OED Online Paid subscription required, Oxford: Oxford University Press, December 2024; bitcoin, n.”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.
  2. ^ Zoë Bernard (2017 December 2) “Everything You Need to Know about Bitcoin, Its Mysterious Origins, and the Many Alleged Identities of Its Creator”, in Business Insider, archived from the original on 2018-06-15.

Further reading

Anagrams

Dutch

Etymology

From English bitcoin.

Pronunciation

Noun

bitcoin m (plural bitcoins, diminutive bitcointje n)

  1. bitcoin

Finnish

Etymology

English bitcoin

Pronunciation

Noun

bitcoin

  1. bitcoin

Declension

Inflection of bitcoin (Kotus type 5/risti, no gradation)
nominative bitcoin bitcoinit
genitive bitcoinin bitcoinien
partitive bitcoinia bitcoineja
illative bitcoiniin bitcoineihin
singular plural
nominative bitcoin bitcoinit
accusative nom. bitcoin bitcoinit
gen. bitcoinin
genitive bitcoinin bitcoinien
partitive bitcoinia bitcoineja
inessive bitcoinissa bitcoineissa
elative bitcoinista bitcoineista
illative bitcoiniin bitcoineihin
adessive bitcoinilla bitcoineilla
ablative bitcoinilta bitcoineilta
allative bitcoinille bitcoineille
essive bitcoinina bitcoineina
translative bitcoiniksi bitcoineiksi
abessive bitcoinitta bitcoineitta
instructive bitcoinein
comitative See the possessive forms below.
Possessive forms of bitcoin (Kotus type 5/risti, no gradation)
first-person singular possessor
singular plural
nominative bitcoinini bitcoinini
accusative nom. bitcoinini bitcoinini
gen. bitcoinini
genitive bitcoinini bitcoinieni
partitive bitcoiniani bitcoinejani
inessive bitcoinissani bitcoineissani
elative bitcoinistani bitcoineistani
illative bitcoiniini bitcoineihini
adessive bitcoinillani bitcoineillani
ablative bitcoiniltani bitcoineiltani
allative bitcoinilleni bitcoineilleni
essive bitcoininani bitcoineinani
translative bitcoinikseni bitcoineikseni
abessive bitcoinittani bitcoineittani
instructive
comitative bitcoineineni
second-person singular possessor
singular plural
nominative bitcoinisi bitcoinisi
accusative nom. bitcoinisi bitcoinisi
gen. bitcoinisi
genitive bitcoinisi bitcoiniesi
partitive bitcoiniasi bitcoinejasi
inessive bitcoinissasi bitcoineissasi
elative bitcoinistasi bitcoineistasi
illative bitcoiniisi bitcoineihisi
adessive bitcoinillasi bitcoineillasi
ablative bitcoiniltasi bitcoineiltasi
allative bitcoinillesi bitcoineillesi
essive bitcoininasi bitcoineinasi
translative bitcoiniksesi bitcoineiksesi
abessive bitcoinittasi bitcoineittasi
instructive
comitative bitcoineinesi

Further reading

French

Etymology

Borrowed from English bitcoin.

Pronunciation

Noun

bitcoin m (plural bitcoins)

  1. bitcoin

Derived terms

Hungarian

Etymology

Borrowed from English bitcoin.

Pronunciation

Noun

bitcoin (plural bitcoinok)

  1. bitcoin
    Hypernyms: kriptovaluta, kriptopénz

Declension

Inflection (stem in -o-, back harmony)
singular plural
nominative bitcoin bitcoinok
accusative bitcoint bitcoinokat
dative bitcoinnak bitcoinoknak
instrumental bitcoinnal bitcoinokkal
causal-final bitcoinért bitcoinokért
translative bitcoinná bitcoinokká
terminative bitcoinig bitcoinokig
essive-formal bitcoinként bitcoinokként
essive-modal
inessive bitcoinban bitcoinokban
superessive bitcoinon bitcoinokon
adessive bitcoinnál bitcoinoknál
illative bitcoinba bitcoinokba
sublative bitcoinra bitcoinokra
allative bitcoinhoz bitcoinokhoz
elative bitcoinból bitcoinokból
delative bitcoinról bitcoinokról
ablative bitcointól bitcoinoktól
non-attributive
possessive – singular
bitcoiné bitcoinoké
non-attributive
possessive – plural
bitcoinéi bitcoinokéi
Possessive forms of bitcoin
possessor single possession multiple possessions
1st person sing. bitcoinom bitcoinjaim
2nd person sing. bitcoinod bitcoinjaid
3rd person sing. bitcoinja bitcoinjai
1st person plural bitcoinunk bitcoinjaink
2nd person plural bitcoinotok bitcoinjaitok
3rd person plural bitcoinjuk bitcoinjaik

Derived terms

(Compound words):

Polish

Polish Wikipedia has an article on:
Wikipedia pl
bitcoin

Etymology

Unadapted borrowing from English bitcoin.

Pronunciation

Noun

bitcoin m animal

  1. bitcoin (decentralized cryptocurrency)

Declension

Further reading

  • bitcoin in Polish dictionaries at PWN

Portuguese

Portuguese Wikipedia has an article on:
Wikipedia pt

Alternative forms

Etymology

Unadapted borrowing from English bitcoin.

Pronunciation

 
  • (Brazil) IPA(key): /bi.t͡ʃiˈkɔ.ĩ/, /bit͡ʃˈkɔ.ĩ/
    • (Southern Brazil) IPA(key): /bit͡ʃˈkɔ.ĩ/, /bi.t͡ʃiˈkɔ.ĩ/

Noun

bitcoin m or f (countable and uncountable, plural bitcoins)

  1. (uncountable) bitcoin (a cryptocurrency)
    Hypernym: criptomoeda
  2. (countable) bitcoin (a unit of the bitcoin)

Further reading

Romanian

Etymology

Unadapted borrowing from English bitcoin.

Pronunciation

This entry needs pronunciation information. If you are familiar with the IPA then please add some!

Noun

bitcoin m (plural bitcoini)

  1. bitcoin

Declension

singular plural
indefinite definite indefinite definite
nominative-accusative bitcoin bitcoinul bitcoini bitcoinii
genitive-dative bitcoin bitcoinului bitcoini bitcoinilor
vocative bitcoinule bitcoinilor

Spanish

Etymology

Borrowed from English bitcoin.

Pronunciation

  • IPA(key): /ˈbidkoin/
  • Rhymes: -idkoin
  • Syllabification: bit‧coin

Noun

bitcoin m (plural bitcoins or bitcoines)

  1. bitcoin (a cryptocurrency)

Alternative forms

Further reading

Swedish

Noun

bitcoin c

  1. bitcoin (a digital currency used for payments over the internet)

Further reading