24 Hour High 24 Hour Low 24 Hour Change 24 Hour Volume Market Cap

Bitcoin price

A Beginner’s Guide to Bitcoin (BTC): Introduction to the Cryptocurrency World

getting started with bitcoin

Getting started with Bitcoin shouldn’t be difficult and to help out, we’ve created a detailed introduction to bitcoin for beginners that will make things easier. Everything you need to know about bitcoin and cryptocurrency is found below. What is bitcoin and how does it work, what are blockchains, Bitcoin miners (and how does Bitcoin mining work), and how do cryptocurrencies work? These are just some of the questions we’ll try to answer.

Throughout history, people have used a variety of methods to exchange value between each other. At the beginning, people transacted with commodities with an intrinsic value such as livestock, seeds, gold, and silver. Less valuable commodities were also used, such as cowry shells or beads.

These methods of transactions were gradually replaced by coins and paper money. Later on, commodity-backed money appeared, which consisted of items representing the underlying commodity (for instance: gold certificates).

For the longest time, currencies were privately issued; governments did not claim a formal monopoly over the issue and use of money within their territories- and people were free to transact in the way the deemed proper.

Continue reading A Beginner’s Guide to Bitcoin (BTC): Introduction to the Cryptocurrency World

What is a Bitcoin Hard Fork? Here’s What You Need to Know

Software development has used the term “forks” for a very long time as a way to describe a change in protocol, and since blockchain technology is based on software code it shouldn’t be surprising to know that this technical term is used in connection with Bitcoin and other cryptocurrencies.

Because forks are fairly common we should understand what they are and why they occur, and the logical place to begin with our study of forks is with Bitcoin, since it was Bitcoin that started the cryptocurrency revolution.

Continue reading What is a Bitcoin Hard Fork? Here’s What You Need to Know

10 Ways to Earn Cryptocurrency (Bitcoin, Ethereum, Litecoin)

If you’re looking for a way to earn some Bitcoin you’ve come to the right place. This article will tell you 10 different ways in which you can earn Bitcoin and other cryptocurrencies online. Just remember I said earn though. These aren’t giveaways, and you’ll need to contribute something, whether that be your time, your computer’s processing power, or something else.

You’ll find that some of the methods I give you below are both quick and easy, but also yield very small returns. Other ways will yield more cryptocurrency, but will also require more work, or in-depth knowledge about cryptocurrencies and market forces.

Continue reading 10 Ways to Earn Cryptocurrency (Bitcoin, Ethereum, Litecoin)

Bitcoin Security: How to secure your Bitcoin Transactions and Investments

Responsibility is the price of freedom

Let’s be honest – cryptocurrencies aren’t user-friendly just yet. Securing crypto assets isn’t as easy as we’d like it to be; it takes some skill, dedication and a bit of patience to secure your bitcoins properly.

Every now and then we hear a newsworthy story of some guy who lost a considerable amount of money because he lost the private keys to his wallet, got hacked, or the third-party service provider that had custody over his private keys got hacked.

Continue reading Bitcoin Security: How to secure your Bitcoin Transactions and Investments

Two Reasons Why Bitcoin Above $7,000 Could Become A ‘Norm’

Bitcoin’s unexpected price jump saw the cryptocurrency jump almost $600 in just over thirty minutes of trading on Tuesday, July 17, 2018. By Wednesday morning, the price settled at $7,370, with signs of continued upward movement.

Naturally, many investors are worried about a potential pump-and-dump cycle, while others throw caution to the wind and dive into the market head first. Is this a sustainable price leap, or merely a short-term jump before crashing back into bear market territory?

Continue reading Two Reasons Why Bitcoin Above $7,000 Could Become A ‘Norm’

The Complete BitPay Review for Beginners

When Bitcoin was first introduced in 2009 with the concept of “digital cash”, it created waves among those who wanted everyday transactions to move to a futuristic system.

The move from conventional to digital transactions would have meant ease of use by cutting back repeated visits to the bank, higher accessibility with payment procedures being just a screen away. In addition, it meant economic freedom from otherwise high execution charges that have always been attributed with international or even large-scale local transfers.

Continue reading The Complete BitPay Review for Beginners

News