Bitcoin: All It’s Hyped Up to Be?

Bitcoin

Had you spent $27 on Bitcoin when it was created by Satoshi Nakamoto in 2009 your investment would now be worth over $37,000,000. Widely regarded as the greatest investment vehicle of all time, Bitcoin has seen a meteoric rise during 2017 going from $777 all the way to $17,000. Creating millionaires out of opportunistic investors …

CONTINUE READING

Bitcoin – Yes or No? Should You Invest in Bitcoin?

Bitcoin

Wondering if you should invest in Bitcoin? If you’ve been around any kid of financial news lately, you’ve no doubt heard about the meteoric rise in the world’s most well-known cryptocurrency. And if you’re like a lot of people right about now, you’re probably wondering, “Bitcoin – yes or no?” Should you invest? Is it …

CONTINUE READING

How to Convert Bitcoins to Dollars

How to Convert Bitcoins to Dollars

Exchanging bitcoins to an useful currency. Bitcoins seem to have been heralded by most as the currency of tomorrow, but there are only a handful of sites that agree to accept them. Luckily for us, transforming bitcoins to a workable currency like dollars is simple and plain. If you desire to be aware of just …

CONTINUE READING

What Makes Bitcoin So Volatile?

What Makes Bitcoin So Volatile

Traders are always concerned about ‘Bitcoin”s volatility. It is important to know what makes the value of this particular digital currency highly unstable. Just like many other things, the value of ‘Bitcoin’ also depends upon the rules of demand and supply. If the demand for ‘Bitcoin’ increases, then the price will also increase. On the …

CONTINUE READING

Bitcoin Vs Goldcoin

Bitcoin Vs Goldcoin

Bitcoin… Monetary Nirvana? If you don’t know what Bitcoin is, do a bit of research on the internet, and you will get plenty… but the short story is that Bitcoin was created as a medium of exchange, without a central bank or bank of issue being involved. Furthermore, Bitcoin transactions are supposed to be private, …

CONTINUE READING

Cryptocurrency’s Rocky Road: China’s ICO Ban

Cryptocurrency’s

In the wake of China’s ICO ban, what befalls the world of cryptocurrencies? The biggest event in the cryptocurrency world recently was the declaration of the Chinese authorities to shut down the exchanges on which cryptocurrencies are traded. As a result, BTCChina, one of the largest bitcoin exchanges in China, said that it would be …

CONTINUE READING

Prepping for a Cryptocurrency World: China Edition

Prepping for a Cryptocurrency World

Over the past year, the cryptocurrency market took a series of heavy punches from the Chinese government. The market took the hits like a warrior, but the combos have taken its toll in many cryptocurrency investors. The market lackluster performance in 2018 pales in comparison to its stellar thousand-percent gains in 2017. What has happened? …

CONTINUE READING

Cryptocurrency and Taxation Challenges

Cryptocurrency and Taxation Challenges

Cryptocurrencies have been in the news recently because tax authorities believe they can be used to launder money and evade taxes. Even the Supreme Court appointed a Special Investigating Team on Black Money recommended that trading in such currency be discouraged. While China was reported to have banned some its largest Bitcoin trading operators, countries …

CONTINUE READING

Here’s Why the Cryptocurrency Dash Puts Bitcoin to Shame

Why the Cryptocurrency

Everywhere, you see headlines with impressive thousand percent gains for “coins” like bitcoin. But what gives them value? When have you ever used bitcoin? The truth is that it’s not practical right now, primarily due to the amount of time it takes to complete a transaction. But there are other coins out there that are …

CONTINUE READING

Types of Cryptocurrency Wallets and Their Overall Security Aspect

Types of Cryptocurrency Wallet

There exists various types of cryptocurrency wallets to allow users store and access their digital currencies in different ways. The question that is relevant in this context is how far are these wallets secure. Before taking up the security aspect, it is helpful to understand the various types or varieties of cryptocurrency wallets that exist …

CONTINUE READING

close