Bitcoins are a decentralized form of crypto currency. Meaning, they are not regulated by a financial institution or the government. As such, unlike a traditional bank account, you do not need a long list a paperwork such as an ID in order for you to establish what’s known as a …
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Introduction to Bitcoin
Bitcoin has been in the news the last couple of weeks, but a lot of people are still unaware of them. Could Bitcoin be the future of online currency? This is just one of the questions, frequently asked about Bitcoin. How Does Bitcoin Work? Bitcoin is a type of electronic …
Read More »Bitcoin – Yes or No? Should You Invest in Bitcoin?
Wondering if you should invest in Bitcoin? If you’ve been around any kid of financial news lately, you’ve no doubt heard about the meteoric rise in the world’s most well-known cryptocurrency. And if you’re like a lot of people right about now, you’re probably wondering, “Bitcoin – yes or no?” …
Read More »What Makes Bitcoin So Volatile?
Traders are always concerned about ‘Bitcoin”s volatility. It is important to know what makes the value of this particular digital currency highly unstable. Just like many other things, the value of ‘Bitcoin’ also depends upon the rules of demand and supply. If the demand for ‘Bitcoin’ increases, then the price …
Read More »Bitcoin Vs Goldcoin
Bitcoin… Monetary Nirvana? If you don’t know what Bitcoin is, do a bit of research on the internet, and you will get plenty… but the short story is that Bitcoin was created as a medium of exchange, without a central bank or bank of issue being involved. Furthermore, Bitcoin transactions …
Read More »The IRS Takes A Position On Bitcoin
Bitcoin used to be something like Schrodinger’s currency. Without regulatory observers, it could claim to be money and property at the same time. Now the Internal Revenue Service has opened the box, and the virtual currency’s condition is established – at least for federal tax purposes. The IRS recently issued …
Read More »What Is Bitcoin and Is It a Good Investment?
Bitcoin (BTC) is a new kind of digital currency-with cryptographic keys-that is decentralized to a network of computers used by users and miners around the world and is not controlled by a single organization or government. It is the first digital cryptocurrency that has gained the public’s attention and is …
Read More »Bitcoin Buying Guide – Easy 3-Step Guide to Buying Your First Bitcoin
Looking for a Bitcoin Buying Guide? Wondering where to start? People have a lot of misconceptions about bitcoin – the very first widely known and accepted cryptocurrency worldwide. A lot of people think for example that only hackers and shady people use it. However bitcoin is actually going mainstream with …
Read More »Smart Bitcoin Strategies To Accumulate Gold Bullion
I have heard about bitcoin a couple of years back in 2013 and never expected it to grow into a strong cryptocurrency it is today. At the time of writing this article, it is trading on the market at a value higher than gold. This opened a window to many …
Read More »5 Merits of Bitcoins That You Didn’t Know
Most people have heard of the term Bitcoin but don’t have a clear idea of what it really is. Simply defined, Bitcoin is a decentralized, peer to peer, digital currency system, designed to give online users the ability to process transactions via digital unit of exchange known as Bitcoins. In …
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Bitcoin Crypto Currency