Author: John Smith
Bitcoin Cryptocurrency is buzzing all over the world, whether you are on the internet or any media. It is one of the most exciting and craziest things happened that comes into existence in the last few years only. More importantly, you can earn an awesome return by bitcoins trading or you can keep it for a long term. You may be heard about Stocks, Commodities, Forex, and now a new currency called Bitcoin trading that impacts greatly on our lives. In this beginner’s guide to Bitcoin cryptocurrency, you will get to know the A B C of Bitcoin. About Bitcoin…
For some time now, I have been closely observing the performance of cryptocurrencies to get a feel of where the market is headed. The routine my elementary school teacher taught me-where you wake up, pray, brush your teeth and take your breakfast has shifted a little to waking up, praying and then hitting the web (starting with coinmarketcap) just to know which crypto assets are in the red. The beginning of 2018 wasn’t a lovely one for altcoins and relatable assets. Their performance was crippled by the frequent opinions from bankers that the crypto bubble was about to burst. Nevertheless,…
The price of bitcoin skyrocketed in the year 2017. Coinbase, one of the world’s largest cryptocurrency exchanges, was in the right place at the right time to capitalize on the spike in interest. Even so, Coinbase isn’t interested in taking its crypto gains for granted. To stay ahead in a much larger cryptocurrency market, the company is plowing money back into their master plan. Up until 2017, the company’s revenue was reported at $1 billion and over $150 billion of assets were traded across 20 million customers. Coinbase, a San Francisco based company, is known as the leading cryptocurrency trading…
The statistics could no longer be ignored. Most ICOs tank, and stay tanked, once the tokens get to the crypto exchanges, after the frenzy and ‘FOMO’ attending the crowdsale is over. Most watchers keeping track of the ICO phenomenon universally agree that the trend in the last few months has been for ICOs to lose value post-crowdsale, with many buyers waiting in vain for the ‘moon’ they were promised, once the cryptocurrency hits an exchange portal. What is however not being discussed is the principal reason why we are witnessing this phenomenon, and what participants in a crowdsale, including the…
One of the many goals when crypto currency (CC) was first invented was to establish a secure digital system of transaction. The technology used was Blockchain, and still is. Blockchain systems were designed to be impervious to problems often found with online financial systems using older technology – – problems such as account hacking, counterfeit payment authentications, and web site phishing scams. Blockchain itself runs on peer-to-peer global record-keeping networks (distributed ledgers) that are secure, cheap, and reliable. Transaction records all around the world are stored on blockchain networks, and because these records are spread out over the whole community…
The Bitcoin is a cybercurrency that has attracted a lot of media attention over the last couple of years, and continues to do so. Bitcoin was set up by an anonymous group or individual in 2009, who used the pseudonym Satoshi Nakamoto, after whom the smallest unit of Bitcoin currency is named. It is the first and arguably the most widely known cryptocurrency. Originally only of interest to the internet elite, the Bitcoin has gained wider appeal in recent years and commands respect in its own right on the foreign exchange. How does Bitcoin work? The finer details of how…
The popularity of the digital currency is growing day by day. Bitcoin is one of the well-known cryptocurrency. It enables people involved to earn and purchase currency without any regulation from a bank or a central authority. Transactions take place directly between the users. Currently, cryptocurrency has its dedicated segment of users and search interest in cryptocurrency or Bitcoin is growing at an enormous pace. It is because of the below benefits offered in using cryptocurrency: • Digital currency is being favoured as they are more secure than the other currency. Only the owner has access to his account, and…
The emergence of cryptocurrency is already taking over in our daily transactions. Cryptocurrency is a digital asset that exists in the crypto world with many referring to it as ”digital gold”. But what really is cryptocurrency? You must be wondering. This is a digital asset intended to be used as a medium of exchange. Clearly, this is a close substitute for money. However, it uses a strong cryptography to secure financial transactions, to verify the transfer of assets and control the creation of additional units. All cryptocurrency is either virtual currency, digital currency or alternative currency. It is imperative to…
Bitcoin is a virtual currency. It doesn’t exist in the kind of physical form that the currency & coin we’re used to exist in. It doesn’t even exist in a form as physical as Monopoly money. It’s electrons – not molecules. But consider how much cash you personally handle. You get a paycheck that you take to the bank – or it’s autodeposited without you even seeing the paper that it’s not printed on. You then use a debit card (or a checkbook, if you’re old school) to access those funds. At best, you see 10% of it in a…
It would be true to say that Bitcoin has enjoyed a real explosion as far as popularity goes when we are talking about cryptocurrency. This very popular cryptocurrency has hit among investors, traders and consumers and everyone is working to make a kill trading in Bitcoin. It has so much to offer as far as lower fees, transaction speed and increasing value which could be the reason why most people choose it for their trading. This is, however a turbulent market and to make it big you need to be a very smart trader when selling and buying it. With…