Coinbase is at least a decent exchange when you consider their huge client base. However, it does not mean other exchanges cannot boast the same or even better features. Let’s compare Coinbase to some of its greatest competitors: As of today, end of September 2017, Coinbase is available in 32 countries, including the US, Canada, … Continue reading Is Coinbase a Good Exchange?
Bitcoin is definitely a great investment option, and here is why: It’s the first, most popular and still most important cryptocurrency. Bitcoin’s market share is almost 50%. Considering that there are over 1000 coins out there, half of the market is an impressive figure. Global Charts | CoinMarketCap 99% of the coin ATMs out there … Continue reading Should I Invest in Bitcoin?
I think that Bitcoin can reach that target – I mean it has this potential at least in theory. However, it does not mean that this is exactly what is to happen. No-one knows the future. If some governments suddenly try to regulate it and limit its potential, Bitcoin can fluctuate in a sideways trend … Continue reading Will Bitcoin Rise to $50,000 in the Next Few Years?
Here are two of them: IOTA IOTA is a coin created for the Internet of Things. Today, it costs $0.5413, but it has a great potential to grow. Here are IOTA’s advantages and forte points: - IOTA allows almost zero cost transactions; - Its system is infinitely scalable; - One can make offline transactions with … Continue reading Which Cheap Cryptocurrency Under $1 has Huge Potential?
According to the Whattomine.com the highest profits could be acquired from mining the following cryptocurrencies: Zclassic(ZCL) - with current profitability of 177 percent and a 7-day profitability of 260 percent Zcash (ZEC) - with current profitability of 179 percent and a 7-day profitability of 131 percent Nicehash-Equihash - with current profitability of 150 percent and … Continue reading Cryptocurrency with the Highest Mining Profitability
Let’s take note of the variables and constants in this scenario. Amount of Bitcoins in the network (supply) is constant since the cap is placed at 21 Million Bitcoins. Demand is a variable. Death of the person having been foretold is a constant. Let’s reconsider the situation. A person owning a set number of Bitcoin … Continue reading What Happens if Someone with 100,000 Bitcoin Dies?
Bitcoin mining is completely legal, but be careful because authorities in many countries are still not familiar with the technology. How does mining work? People are sending Bitcoin over the network all the time, but unless someone records all these transactions, nobody would be able to keep track of who made which payment. The Bitcoin … Continue reading How Mining Cryptocurrencies like Bitcoin Works
Bitcoin is a type of digital currency. It's completely decentralized, meaning that no one controls it. Bitcoins (BTC) aren’t printed and don't exist in physical form like dollars or euros – people produce them by running computers all around the world, using software that solves mathematical problems. Bitcoin was the first example of money category … Continue reading Why Bitcoin is so Valuable
Blockchain is a data structure that enables the creation of a digital ledger of transactions and shares it within a distributed network of computers. It utilizes cryptography to allow each participant on the network to use the ledger in a secure way without a central authority. Once a block of data is recorded and placed … Continue reading How Blockchain Benefits Security
In short-term - nothing. Long term impact exists, especially if we observe huge number of cases and not each one individually. So, what happens? Let’s start with facts: Number of Bitcoins is limited to 21 million (currently we have almost 17 million mined and in circulation) Every day, certain number of Bitcoins is lost due … Continue reading The Impact on the Bitcoin Economy When You Lose Your Bitcoin Wallet