How can Bitcoin be Hacked?

I don’t have deep understanding of the technical side of blockchain programming, but the concept of Bitcoin’s blockchain is simple – it is a distributed ledger that is located in multiple places simultaneously. It means […]

Will the Cancellation of SegWit2x Fork Cause Massive Bitcoin Sell Off?

Yes – there has already been recorded a massive sell off until now (Nov 10), the second day after the cancellation. Today, Bitcoin has fallen over 9.2%, which is a huge decline – from $7,123 […]

What are the Chances of Becoming a Bitcoin Millionaire?

Chances are very big – for example, if you invested $500,000 in Bitcoin in mid-September 2017 at $3300-$3500, then you would become a millionaire within six weeks, as the price more than doubled. If you […]

Which Exchange is Better for Day Trading, Poloniex or Bitfinex?

It is rather difficult question to answer since both the Poloniex and Bitfinex have their own flaws and advantages. Nevertheless, important thing is what is better for a person in question, since it depends on […]

Who Changes the Bitcoin Price?

Bitcoin price is influenced by every individual in possession of the currency and every subject on the market. Entire community affects the price of Bitcoin. Bitcoin is something else, but it is a market as […]

How to Make a Profit from Bitcoin?

If it is up to an individual that is creative and resourceful there are numerous ways for generating profit through Bitcoin network. Every day there are new ideas and concepts that get funded by Bitcoin […]

How much Money do Bitcoin Miners Make?

It depends on the miners. However, today it’s not profitable for average persons to mine Bitcoins. Now only specialized companies and pools can generate profits. AntPool is the largest Bitcoin miner as of now. It […]

Is Bitcoin a Good Investment Now?

So let’s see what the situation right now is. Now that SegWit2X was cancelled and all the plans for the November fork were stopped, Bitcoin lost over $800 within 30 minutes: However, it recovered some […]

How Exactly is Value Created in Cryptocurrency?

When it comes to the value of cryptocurrencies, it differs from one coin to another. If we take into the perspective the two largest crypto communities, such as Bitcoin and Ethereum we will see that […]

Does Ethereum Has More Intrinsic Value Than Bitcoin?

It is quite difficult to determine which of them has “more intrinsic value” since both of the cryptos mentioned have their own up and downsides. Still, both of the mentioned have great intrinsic value that […]