More than ten governments in the world have banned Bitcoin and other cryptocurrencies, including China, Israel, Morocco and Bolivia. An important thing to consider is that not all governments have banned cryptocurrency in the same way. First, Bitcoin and its Blockchain technology are bringing something new to the world. They are advancing the concept of … Continue reading Why Is Bitcoin Being Banned in Many Countries?
Bitcoin is becoming more popular each day, and there are many people who are starting their own blogs on cryptocurrency topics, sharing their knowledge with others who are eager to learn. One can learn about Bitcoin on various sites, through youtube channels, or through various free online courses. Here are few of them that can … Continue reading What Are the Best Sites for Learning About Bitcoin?
Bitcoin is a digital currency that emerged in 2009. It exists only in cyberspace and doesn't have a physical form. It can be exchanged for goods, services or other currencies, virtual or physical. Unlike physical money issued by banks and regulated by governments, Bitcoin uses a distributed ledger called the blockchain. It is a peer-to-peer, … Continue reading Is Bitcoin Prone to Cyber Crime?
Although buying Bitcoin is a lot easier today than it used to be, there are still some issues. First of all, a Bitcoin wallet is needed because almost all exchanges require one. After getting a wallet, you need to make an account, choose a paying method and to connect your account/wallet to a credit or … Continue reading Where Can I Buy Bitcoin Using Paypal?
Maybe it is, maybe it isn’t. When it comes to cryptocurrency trading, timing is the most challenging thing. At the end of February 2018, Bitcoin fluctuated at a range between $9,000 to $11,000. Does it make sense to buy it for this price? It depends on your intention. If you want to record a high … Continue reading Is This the Right Time to Buy Bitcoin?
One of the most trusted ICOs for 2018 is Telegram, though I don’t know how profitable it might be. Telegram is the popular cloud-based messenger founded by Russian Pavel Durov. This year, the company plans an ICO for its Telegram Open Network, a blockchain-based ecosystem for the messenger. It is already the largest ICO in … Continue reading What Is the Most Trusted and Profitable ICO for 2018?
As of today, Coinbase has no plans to close, at least according to what we know. Does it scam anyone? Well, no but Coinbase has many issues. One of the most recent problems, which happened from January to February 2018, was a glitch in the exchange’s system which charged clients multiple times for a single … Continue reading Is Coinbase Really About to Shut Down?
Yes, Coinbase is a legal company. It has licenses from several US states, and it is authorized by the New York State Department of Financial Services (DFS) to trade Ethereum and Litecoin. DFS also approved four more companies at that time: XRP II, Circle Internet Financial, Gemini Trust Company, and itBit Trust Company. As a … Continue reading Is Coinbase Legal?
Paper currencies and cryptocurrencies only have value because people think they have value. Some currencies are backed by gold or other precious metals; others are backed by nothing but hot air. Even in this case, a currency can have value because people think it has value and use it as a unit of exchange. This … Continue reading Which Companies Accept Bitcoin as Payment?
Different criteria can be used to determine which cryptocurrencies are the most popular. No matter which criteria is used, everyone would agree that Bitcoin is most popular and there are a number of reasons for this. It was the first cryptocurrency in the world, it has unique properties, the transaction speed is really fast in … Continue reading What Are the Most Popular Cryptocurrencies?