Skip to main content

Posts

Cryptocurrencies: What You Need to Know

For those who are unfamiliar, cryptocurrencies are a form of digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies have gained in popularity in recent years as their value has increased. As of June 2017, the total value of all cryptocurrencies in circulation was over $80 billion. While this is a relatively small amount compared to the global money supply, cryptocurrencies are still a nascent technology and their future value is difficult to predict. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Some merchants, such as Overstock.com, allow customers to pay with Bitcoin. There are also a growing number of brick-and-mortar businesses that accept Bit
Recent posts

What is Bitcoin?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Why Bitcoin? Bitcoin has several advantages over traditional currencies. For one, bitcoins are immune to inflation or deflation. They are also easy to transfer, and can be used anywhere in the world where there is an internet connection. Finally, bitcoins are secure and difficult to counterfeit. How to Buy Bitcoin The most common way to buy bitcoins is through bitcoin exchanges, such as Coinbase or Bitstamp. You can also buy bitcoins from individuals in person or online. How to Store Bitcoin The safest way to store bitcoins is in a bitcoin wallet. The

Bitcoin, Ethereum, Cryptocurrency: How to Make Money

Bitcoin and Ethereum are cryptocurrencies, digital tokens that allow you to conduct transactions using cryptography. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin and Ethereum are the two most popular cryptocurrencies, and both have seen substantial price increases in 2017. How to Buy Bitcoin To buy Bitcoin, you will need to create a Bitcoin wallet. A Bitcoin wallet is a digital wallet that stores your Bitcoin. There are many different Bitcoin wallets, but the most popular wallets are Coinbase and Blockchain. Coinbase is a digital wallet that is available on your phone or computer. Blockchain is a digital wallet that is available online. To buy Bitcoin on Coinbase, you will need to create a Coinbase account and link your bank account or credit card. Once your account is verified, you can buy Bitcoin by clicking on the Buy/Sell tab and selecting Bitcoin. You can also buy Bitcoin on Blockchain by creating

Bitcoin, Ethereum, Cryptocurrency, and Finance

Bitcoin, Ethereum, and other cryptocurrencies are digital assets that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Ethereum, the second largest cryptocurrency by market capitalization, was created in 2015. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Bitcoin and Ethereum are the two most popular cryptocurrencies, but there are many others. Cryptocurrencies are highly volatile and can experience large price swings. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Bitcoin and Ethereum are the two most popular cryptocurrencies, but there are many others. Cryptocurrencies are highly volatile and can experience large price sw

What is Bitcoin?

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Nakamoto implemented the system in 2009 as a way to create and trade digital currency independent of any central authority. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created through a process called mining. Miners are rewarded with bitcoins for verifying and committing transactions to the blockchain. Bitcoin can be used to purchase goods and services online and can also be exchanged for traditional currencies. What is Ethereum? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014. The

Bitcoin, Ethereum, Cryptocurrency, Finance, Exchange, Making Money, Prosperity, Small Business, Entrepreneur, Assets, Joint Ventures, Real Estate Professional, Real Estate, Commercial Real Estate

Bitcoin and Ethereum are two of the most popular cryptocurrencies in the world. Bitcoin is the first and most well-known, while Ethereum is the second largest cryptocurrency by market cap. Both offer unique benefits and drawbacks for investors. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin and Ethereum are the two most popular cryptocurrencies, but there are many others, including Litecoin, Ripple, and Dash. Cryptocurrencies are often traded on decentralized exchanges, which are exchanges that do not require users to create an account and deposit funds. Instead, traders can buy and sell cryptocurrencies directly with each other. Cryptocurrencies can also be traded on traditional exchanges, such as the New York Stock Exchange or the Chicago Mercantile Exchange. Bitco

Bitcoin, Ethereum, Cryptocurrency, Finance, Exchange, Making Money, Prosperity, Small Business, Entrepreneur, Assets, Joint Ventures, Real Estate Professional, Real Estate, Commercial Real Estate

Bitcoin, Ethereum, Cryptocurrency, Finance, Exchange, Making Money, Prosperity, Small Business, Entrepreneur, Assets, Joint Ventures, Real Estate Professional, Real Estate, Commercial Real Estate Bitcoin, Ethereum, Cryptocurrency, Finance, Exchange, Making Money, Prosperity, Small Business, Entrepreneur, Assets, Joint Ventures, Real Estate Professional, Real Estate, Commercial Real Estate Bitcoin, Ethereum, Cryptocurrency, Finance, Exchange, Making Money, Prosperity, Small Business, Entrepreneur, Assets, Joint Ventures, Real Estate Professional, Real Estate, Commercial Real Estate