Traders are always concerned about the volatility of Bitcoin. It is important to know what makes the value of this particular digital currency highly volatile. Just like many other things, the value of “Bitcoin” also depends on the rules of supply and demand. If the demand for Bitcoin increases, the price will also increase. On …
Monthly Archives: January 2023
Is cryptocurrency the future of money?
What will the future of money look like? Imagine walking into a restaurant and looking at the digital menu board of your favorite combo meal. But instead of being priced at $8.99, it shows as 0.009 BTC. Could crypto really be the future of money? The answer to this question depends on the general consensus …
Best Cryptocurrencies of 2018: What Are the Best Alternatives to Bitcoin?
Important: This post should not be considered investment advice. The author focuses on the best coins in terms of actual usage and adoption, not from a financial or investment perspective. In 2017, crypto markets set the new standard for simple profits. Almost every piece or chip made incredible returns. “A rising tide floats all boats,” …
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Getting started with crypto
Investing in the cryptocurrency market space can be a bit daunting for the traditional investor, as investing directly in cryptocurrency (CC) requires using new tools and adopting some new concepts. So if you decide to dip your toes into this market, you’ll want to have a very good idea of what to do and what …
Cryptocurrency: The New Sensation
The concept of cryptocurrency was introduced in 1991. However, the first real implementation was done in 2008 by Nakamoto. The first question arises what is cryptocurrency. It is a financial arrangement where currency is transferred between the two countries. Early on, problems such as the double fault method arose, although the problem was later solved …
Guide to Buying Bitcoin – An easy 3 step guide to buying your first Bitcoin
Looking for a guide to buying bitcoins? Wondering where to start? People have many misconceptions about Bitcoin, the first widely known and accepted cryptocurrency in the entire world. Many people think, for example, that only hackers and shady people use it. However, Bitcoin is actually going mainstream, with everyone from TigerDirect to Expedia.com to Dell …
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Cryptocurrency mining
Cryptocurrency mining is an endless game in this digital world. Bitcoin, the first decentralized currency, introduced in early 2000. Cryptocurrency mining is a complex procedure for verifying transactions and adding them to the public ledger (blockchain). This record of past transactions is called a block chain because it is a chain of blocks. The blockchain …
Cryptocurrency and Tax Challenges
Cryptocurrencies have been in the news lately because tax authorities believe they can be used for money laundering and tax evasion. Even the Supreme Court appointed a special team to investigate black money recommended to discourage trade in such currency. While China has reportedly banned some of its largest operators from trading in bitcoin, countries …
Crypto market analysis
Cryptocurrency has been around for a while and there are numerous papers and articles on the basics of cryptocurrency. Cryptocurrency is not only booming but also opening up as a new and reliable opportunity for investors. The crypto market is still young, but mature enough to pour enough data to analyze and predict trends. Although …
Cryptocurrency for beginners
In the early days of its launch in 2009, several thousand bitcoins were used to buy pizza. Since then, the cryptocurrency’s meteoric rise to $65,000 in April 2021, following its heart-stopping drop in mid-2018 by around 70 percent to around $6,000, has boggled the minds of many people – crypto investors, traders or just curious …