Bitcoin Exchanges

Secure exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with paypal, as many users request this feature. Ranking preference is also given for sites to buy bitcoin with credit card.

Check out each option on the following best bitcoin exchange list. Be sure to bookmark this page for future reference.

There are now many bitcoin exchanges you can choose from, and more flexibility in terms of payment options. Here are the best exchanges you can use to buy and sell bitcoins and other cryptocurrencies.

QuadrigaCX

The most convenient way to trade Bitcoins with the same day funding & withdrawal. When it comes to Volume, QuadrigaCX is the fastest growing Bitcoin Exchange in Canada, and one of the fastest growing exchanges in the world. Our rapidly increasing volume makes it easy to buy or sell Bitcoins at the best rate. Read full review

CoinBase

One of the most reputable bitcoin exchanges available, Coinbase is popular among fans of the ‘dollar cost averaging’ method, where users can automate bitcoin purchase every week or month. It is a no-fuss platform for just bitcoin buying and selling.

Cex.io

CEX.io is one of the oldest Bitcoin exchanges around. It started out in 2013 in London as a Bitcoin exchange and cloud mining provider. At some point its mining pool, known as Ghash.io, was so big it held 42% of the total network mining power.

Kraken

A trading-focused bitcoin service provider, Kraken appeals to bitcoin traders as you can leverage and even short on the platform. They are very reputable and was one of the first bitcoin exchanges to pass an independent audit.

Whether you’re a new bitcoin user looking to get your hands dirty with your first bitcoin wallet, or just looking for additional ways to earn free bitcoin, this section contains an up-to-date list of the best websites to help you get your virtual hands on Bitcoin and other cryptocurrencies.

Each of the sites below allows you to earn free bitcoin: some by viewing ads, some by answering captcha challenges, and some by doing crowdsourced work. If you’re looking to earn some free bitcoin, you came to the right place.

1. Make Bitcoin With Your Computer & Graphic card

You can make free Bitcoin with your computer power. This method is now easy, thanks to the new software which allow users easily set up and begin mining with their computers without having trouble to configure programmatically the scripts.

You have to signup for one of those websites, install their app and let it run when you want to make bitcoin.

NiceHash

NiceHash is a special multi-mining pool as it allows users to mine any hashing algorithm and to sell the hashing algorithm in the Nicehash hashpower exchange to users that want to buy a profitable mining contract. Read Review and how to setup

MinerGate

MinerGate is a mining pool created by a group of cryptocoin enthusiasts.

It is the first pool which provides service for merged mining. This means that while mining on our pool you can mine different coins simultaneously without decrease of hashrate for major coin.

2. Get Free Bitcoin from Bitcoin Faucets

Bitcoin faucets are websites that reward their visitors with some free fractions of BTC. Visitors can claim multiple times every day. Below are some of the best websites to claim free bitcoin as of the end of 2017

MoonBitco

One of the most popular bitcoin faucets, moon bitcoin. It is one of the most reputable, highest traffic, bitcoin faucets on the internet. The massive traffic allows advertisers to make greater payments for ad space, enabling visitors with more free bitcoin and guaranteed payouts.

Freebitco.in

Still remember when I discovered FreeBitco.in and was astonished with how well done the site is in comparison to other Bitcoin faucets, how fast the site loaded and after receiving my first payout how it has consistently been a reliable source of Bitcoins for me.

3. Reinvest to multiply

This is so obvious, if you want to get bigger piece of cake, just invest some pennies. Your investments are soldiers working for you. If Every-time you make some small amounts of BTC and you don’t really need it. Just invest it, you’ll get it back later with some profits.

The sweetest part is when you leverage your investments with referrals bonuses. In few months you have a gold mine working for you on autopilot,. Isn’t that sweet. So if you have few pennies or BTC, here are the best places to reinvest them :

CryptoShorts

Start Shorting Cryptocurrencies with price alerts by email for 1278 cryptocurrencies.

Receive price alerts every hour, with the ability to easily enable or disable alerts. Always know when the market price is decreasing and purchase at optimal times.

Cloud Mining

Cloud mining offers a unique option for mining with a low cost of entry as well as minimal risk and expense, which is opposite to traditional models of mining that involve procurement, maintenance and configuration of highly specialized hardware. View the Best Cloud Mining Providers of 2017

4. Learn more about cryptocurrency

Through step-by-step guides, you discover how to research and purchase your first virtual money. You then learn three proven buying strategies that can help you make quick profits or long-term gains.

Criptonario

Criptonario offers cryptocurrency information in Spanish, tips about creating portfolios and getting into the crypto world.

CryptoCurrencyFacts

Cryptocurrency facts take a simplified look at digital currency like bitcoin to help everyone understand what it is, how it works and its implications.

GoldenWoods Faucet

Nice new Bitcoin Faucet, Claim every 10 minutes. Sometimes buggy but has generous payouts.

Top List ICO

TopListICO is the ultimate ICO listing Cryptocurrency that helps you discover the best ICOs to invest in.

[Anybody can create his own digital paper wallet to store his bitcoins. The most known and used place is bitaddress.org which is a free and open source javascript algorithm that allows you to create bitcoin addresses. It has many cool options that you can try for yourself. There is no limit, create as many addresses as you want, it won’t hurt anybody 😉 Be very organized when you manage to send real bitcoins to these addresses, however, because the lost address is lost forever, with all bitcoins in it.

Getting started with digital paper wallets

Paper wallets are the most easy way to carry Bitcoins in everyday’s life and to store your bitcoins offline. You can create your own on your computer then print it or use it digitally.

  • The public key (left one) is used to receive payments only. You can share it with anybody. No one can steal coins from this address.
  • The Private key (right one) is used to send and withdraw Bitcoins. You should never show it to anybody because he will be able to withdraw your funds to anywhere he wants (Unless it is password Encrypted as I will show you little further).

Create a digital paper wallet For Bitcoin

A Digital paper wallet is very easy to use. It has no password nor any other kind of encryption, which means: losing it is like losing your real-life wallet. So don’t lose it and don’t share its private key. Share only the public key to receive payments.

TO CREATE YOUR ENCRYPTED DIGITAL PAPER WALLET, FOLLOW THESE EASY STEPS :

  1. Go to bitaddress.org
  2. Move your mouse over until you generate a 100% randomness. Once you finish, you will see the full menu to generate bitcoin addresses.
  3. If you want a simple bitcoin address, stay at Single Wallet and create new addresses. If you prefer a printable version with some art as shown below, go to Paper Wallet.
  4. Choose the number of addresses you would like to generate and the number of addresses per page then click Generate button.
  5. Click Print button once wallets are generated.
  6. That’s it. You made it.

Advices :

  • To be full secured you can save bitadress.org page to your computer by right clicking on the page and choosing save as... Then be sure to disconnect internet before creating any new addresses. clean your computer and restart before you connect internet again.
  • Never create address on a public or infected computer. If you are not sur if your computer got some worms or listeners then you cannot use it to create addresses, because risk of being hacked is too high.
  • The most safe way to create addresses is by using an offline computer running on linux tails or any other version which don’t store data on hard drive.

Create An Encrypted DIGITAL Paper Wallet FOR BITCOIN

Create An Encrypted DIGITAL Paper Wallet FOR BITCOIN

An Encrypted Digital Paper Wallet can be used the same way as a standard wallet. However it has one little exception : You should decrypt it with password associated to be able to send and withdraw bitcoins.  
To create your encrypted Digital Paper Wallet, follow these easy steps :
  1. Go to bitaddress.org
  2. (If not done yet) Move your mouse over until you generate a 100% randomness. Once you finish, you will see the full menu to generate bitcoin addresses.
  3. Go to Paper Wallet
  4. Check BIP38 Encrypt then choose a strong passphrase
  5. Click Generate button
  6. Click Print
  7. Done.

advices :

  • Even if your Bitcoin address is passphrase protected, it can be hacked if your password is too weak. These kind of passphrases “apple2015” “happyman” “ILoveYou” “King Kong” just won’t make it if someone got hands on your private key. Nowadays, computers with complete dictionaries will generate random passphrases and try them one by one by one to decrypt hacked wallets. weak passes will be cracked with no doubt. Always combine alphabet with few digits. 10 characters long, non significant passphrases can not be cracked.
  • If you forget you passphrase You can not decrypt your wallet therefore any bitcoins on it are lost. Always write down (Not on your computer) on a paper your passphrase and keep it in a secured place. You don’t need to write that this is the passphrase to your bitcoin wallet 😉 just encode it somehow on your favorite book for exemple.
  • If you have lot of bitcoins you should think of your family. If something happens to You. How can they access your bitcoin Wallet ?

Decrypt your Encrypted Digital Paper Wallet

It is very easy to decrypt your bitcoin digital paper wallet Once you have the Passphrase 🙂 Decrypting your Digital Paper Wallet with bitaddress.og :

  1. Go to bitaddress.org
  2. (If not done yet) Move your mouse over until you generate a 100% randomness. Once you finish, you will see the full menu to generate bitcoin addresses.
  3. Go to Wallet Details
  4. Enter your Private key then click View Details button. You will see new field appearing.
  5. Enter the passphrase then click Decrypt BIP38 button.
  6. If You entered the exact passphrase then your decrypted private key will appear below, plus you will see it encoded in a number of different formats.
  7. Scroll to Private Key WIF Compressed which is a representation of your real private key.
  8. Use this key to send Bitcoins. (Keep this key secret)

ADVICES :

  • If someone got hands on your Private Key WIF Compressed then he will be able to send and widthdraw your coins even if you still have your digital paper wallet BIP38 password encrypted.

NiceHash offers flexible mining options to the cryptocurrency mining community members. It allows people to buy and sell mining power while enabling the users to make use of their own devices to mine cryptocurrencies. A specialized software offered by the platform, allows individuals to connect their computers, GPUs, AISC machines, rig farms and more.

NiceHash overview

NiceHash is unique in that allows miners with old or unused mining hardware to sell their hashing power online to people looking to cloud mine, so anyone with an old miner lying around can earn money from NiceHash. NiceHash supports a range of cryptocurrency algorithms including Bitcoin, Bitshares, EmerCoin and Digibyte (SHA 256 algorithm); Litecoin, DogeCoin, FedoraCoin (scrypt); LeoCoin, DASH, Fuelcoin, StartCoin, VCash (X11) and a lot more. Rest of the supported cryptocurrencies include Hellemmic Coin, AmberCoin, Mxcoin, HTMLCoin, Mary Jane, Talkcoin, FeatherCoin, OrbitCoin, PhoenixCoin, Vertcoin, Crypto, Vanillacoin, DGB-Qubit, Decred, Ethereum, Ethereum Classic Zcash and more.

The platform offers lots of flexibility when it comes to purchasing the hashing power. Buyers can select the cryptocurrency they would like to mine, choose the mining pool they want to connect to and even the price they are willing to pay for the hashing power while placing the order.

                    SECURITY

NiceHash has a pretty standard security setup including secure web pages and two-factor authentication, making it much safer for its users to log in and enter confidential details. There is always a risk of NiceHash’s cloud mining service being hacked, so it is advisable to not leave large amounts of BTC in your user account.

Customer Support

NiceHash is said to have a responsive and efficient customer support that can be reached by email or by raising a support ticket on the platform. Most of the frequently faced issues by the customers are already listed in the FAQ section of the website, which makes it easier for the users to troubleshoot the problems or get their queries addressed without having to interact with the customer support team.

Setup

  1. SignupHere
  2. Download the program
  3. Install the program
  4. Run it
  5. Put your wallet address
  6. Click on the button benchmark and run the benchmark
  7. Enable the GPU or the CPU both can aswell
  8. Click Start ! Done

Conclusion

NiceHash is more of a cloud mining hashpower trading platform than a cloud mining service. However, they both share many striking similarities. The company seems to have a good track record so far. Users keep receiving payments and services as advertised. Factoring the service, years of operations and the experience of some of the users, NiceHash could be something worth exploring, especially if you have an old miner/computer lying around and would like to sell hashing power.

NiceHash is operating since 2014 and it’s the only cryptocurrency investment marketplace where miners (sellers) can mine different altcoins and get regular and anonymous payments directly in Bitcoins and buyers (investors) can get the opportunity to rent affordable hashing power (cloud mining) and direct it to the pool of their choosing. This way, both miners and buyers profit from the diversity of the marketplace. Visit NiceHash

Electrum Overview

Electrum is a Bitcoin wallet for Windows, Mac, Linux and Android. created by German computer scientist Thomas Voegtlin in 2011. Voegtlin estimates that about 10% of all Bitcoin transactions are sent using Electrum. Electrum can be used to create secure offline cold storage. An offline computer is used to generate the master public and private keys. The master public key is then scanned into an online computer. The online computer is used to receive payments, while the offline computer securely signs transactions. One of Electrum’s unique features is its send from ability. An HD Bitcoin wallet contains many different inputs. When it comes time to spend, it is silly to spend a 1 BTC input if only 0.01 BTC must be spent. The Electrum send from ability allows wallet owners to select which input(s) are used in transactions. Selected inputs can also be frozen, and won’t be included automatically in any outgoing transactions.

Features

Electrum is lightweight and syncs fast, but is a feature packed Bitcoin wallet. Electrum supports multisignature wallets and two-factor authentication. The wallet is open source and its source code is available on GitHub.

                     BENEFITS

Fast – the client does not download the blockchain, it requests that information from a server. No delays, always up-to-date. Safe – Your private keys are encrypted and never leave your computer. Your wallet can be recovered from a secret phrase. You can also keep your private keys offline, and go online with a watching-only wallet. Private – Your private keys are not shared with the server. You do not have to trust the server with your money. Your private keys are encrypted and never leave your computer. The server does not store user accounts. You are not tied to a particular server, and the server does not need to know you.

Simplicity

The install process is pretty simple and straightforward. It also has the option to work with the hardware wallets I’ve stated above. Setting up the wallets take a little more than a minute. The user interface of the actual wallet is pretty straightforward. You have different tabs at the top which allow you to choose between “send”, “receive” and other wallet related options.

in all it’s pretty simple. My only concern is that for a newbie this wallet may still be confusing as it focuses on functionality and not user experience. Meaning, if I know nothing about Bitcoin and download this wallet I will not know what any of the stuff here means.

Conclusion

To sum things up – Electrum is a great fast, secure and stable wallet, however, it does not suit beginners. The wallet has seemed to come a long way since it first started out and it also gained massive trust in the Bitcoin Reddit community. So if you know a little bit about Bitcoin this is definitely a good choice.

Visit Electrum]]> [Electrum is a lightweight wallet. It connects to external servers run by other Electrum users to query blockchain data. While this setup eliminates long sync times, it is less private than full wallet clients like Bitcoin Core or Armory. Visit Electrum]]>[If you’re just getting started with Bitcoin, then you’ll want to learn about all of the different ways you can store your coins. The Bitcoin wallet is the file that stores your private keys. These keys are what are used to sign transactions for certain Bitcoin addresses, so the person who owns the private key is the one who owns the bitcoins. Let’s take a look at the different kinds of Bitcoin wallets that allow you to store and manage your private keys.

Desktop Wallets

The original Bitcoin wallet was a desktop client that allowed one to send and receive Bitcoin transactions from the comfort of their home computer. There are many different types of Bitcoin desktop clients available now, and the one you decide to use really depends on your specific needs. Power users who wish to have as many advanced security options as possible should stick with Armory, while individuals looking for a simple, light client may find that Electrum better suits their needs. Best Open Source bitcoin Wallet

Online Wallets

Online wallets offer a bit more flexibility when it comes to using Bitcoin. These wallets are usually available on every platform, which makes them a bit more flexible when it comes to using Bitcoin for any type of payment during the day. Any website that stores your bitcoins for you in the cloud can be viewed as an online wallet. For example, every user of xapo is given an online Bitcoin wallet as soon as they sign-up for an account. Other popular online wallets include blockchain.info and Coinbase. It’s important to take extra security precautions when using this type of wallet, and turning on two-factor authentication is recommended by all online wallet providers.

Mobile Wallets

If you’d like to pay for goods and services with Bitcoin in physical store, then you’ll need to download some kind of mobile wallet. These wallets work in the same way as the desktop wallets, and the only difference is that they run on smartphones rather than desktops and laptops. The most popular standalone wallet is simply called “Bitcoin Wallet”, but there are also other offerings available. One of the newest options is called Hive Wallet, and the developers plan to integrate a variety of different cryptocurrencies into the software.

Multi-sig Wallets

A multi-signature wallet is a special kind of wallet that offers enhanced security options for users. With this type of wallet, there are actually multiple signatures required to send bitcoins to another user on the Bitcoin network. For example, with GreenAddress.it, every transaction must be signed by both the user and GreenAddress. The fact that both the user and the wallet provider have to sign each transaction means that GreenAddress has the ability to block transactions that seem suspicious. This means that a hacker would not be able to simply empty out an account after successfully getting around a variety of other safeguards. It should also be noted that these types of wallets can be used to bring more security to 0-confirmation transactions, as long as the merchant also trusts the wallet provider. In addition to GreenAddress, BitGo and Armory also have multi-signature features as integral parts of their wallets. It is expected that more wallets will add enhancements related to multi-signature addresses over time.

Hardware Wallets

Hardware wallets are often referred to as the “holy grail” of Bitcoin wallets due to their combination of security and convenience. One of the main issues with storing bitcoins is that anyone who puts bitcoins on a compromised computer will lose those bitcoins in a matter of seconds. The level of security found on most computers connected to the Internet today makes using Bitcoin almost impractical, which is why hardware devices have been developed solely for the purpose of signing Bitcoin transactions. When using a device such as the TREZOR Bitcoin wallet, the private keys attached to one’s Bitcoin addresses are stored in a separate device connected to the computer via USB. This attachment is not allowed access to the Internet, which means a user’s bitcoins can remain secure even on a computer infected with malware.

  • Ledger, the most secured Bitcoin Wallets

Paper Wallets

Paper wallets are a form of storage where the private key to a particular Bitcoin address is printed out on a piece of paper. This is another form of offline or “cold” storage where it is impossible for a hacker to steal the bitcoins through an Internet connection. Although these types of wallets are useful when it comes to enhancing the security of one’s Bitcoin wallet, it’s also rather inconvenient to use paper wallets for everyday spending. These wallets are usually reserved for long-term storage because the private key from the piece of paper must be transferred to an online wallet before those funds can be used.

What is Bitcoin?

If you try to find out about Bitcoin from someone on the Internet, you’re probably going to get a variety of different answers. Some will call it “digital cash”, while others will claim it is “gold 2.0”. While these short descriptions do a good job of pointing out what Bitcoin can be used for in today’s society, it’s usually a better idea to understand Bitcoin as a technology instead of a currency or payment system. Once you understand the protocol, it becomes easy to see what kind of implications the P2P payment network could have on the financial world. https://vimeo.com/duncanelms/bitcoinexplained

Bitcoin as a Ledger

In its simplest form, Bitcoin is nothing more than a ledger of accounts. If you created a spreadsheet on your computer with two columns (account numbers and balances), you would essentially have what is at the core of the Bitcoin protocol. You may be thinking that this kind of account ledger is nothing new, but the difference with Bitcoin is that the ledger is completely decentralized. This means that no one party is in control of changing account balances on the Bitcoin payment network. Instead of having PayPal or Wells Fargo keep track of everyone’s accounts, Bitcoin completes the task in a distributed manner.

Who Can Make Changes to the Ledger?

The only person who can make a change to a particular Bitcoin account is the person who holds the private key (kind of like a password) to that account. Instead of sending a message to a centralized server that you would like to take 5 bitcoins from your account and send them to Frank, you actually sign a cryptographically secure message that is routed throughout the entire network. Cryptography is at the center of what makes Bitcoin possible in the first place. Digital signatures cannot be forged, which is why the entire network can know the right person is sending out a transaction to the network. A malicious actor would have to steal the private key attached to a Bitcoin address if they were going to try to steal the bitcoins because only the person who controls that private key can determine what happens to those bitcoins.

Why is a Decentralized Ledger Important?

This is the first time that digital ledger has not had a central party controlling each account on the network, and the implications of this advancement in computer science could reach out further than just the world of banking and finance. The fact that the ledger is not controlled by a third party means there is no chance for censorship. If someone does not like a transaction made by one of the users on the Bitcoin network, there is nothing that individual can do to stop it. One of the best examples of this point was when Visa, Mastercard, PayPal, and others blocked donations to Wikileaks. Users of Bitcoin were still able to make donations because there is no company behind Bitcoin who could stop users from making transactions to a certain Bitcoin address.

How are New Bitcoins Created?

If something is going to be used as money, then it’s important to understand the supply of that particular commodity. The Bitcoin network creates new bitcoins on a transparent schedule, and the new bitcoins are awarded to Bitcoin miners who basically do the accounting for the Bitcoin protocol. At present time, 25 bitcoins are created roughly every ten minutes, but the amount created on this regular schedule is cut in half every four years. Although many people claim that bitcoins are deflationary, the reality is that they will be inflationary until the number of bitcoins on the network reaches 21 million. At that point, no new coins will be created, and bitcoins will become deflationary as the supply decreases due to people losing their coins from time to time.

What are the Benefits of Using Bitcoins as Money?

Due to Bitcoin’s decentralized and autonomous nature, it comes with many benefits that cannot be found with traditional currencies and payment systems. These benefits are what have attracted users to the protocol in the first place, so let’s take a look at some of the key perks of using bitcoins as money:

Censorship resistance – This point cannot be mentioned too much. This is the core of the bitcoin’s value proposition as a currency, and it’s what provides that underlying bit of value that all currencies need in the early stages of development. The ability to send value across the world without having to ask for permission is a very powerful idea, especially in certain parts of the developing world.

Lack of counterparty risk – Before the bitcoin, every form of digital money had some form of counterparty risk. Whether you’re talking about digital USD held in your bank account or bars of gold held in a vault by e-gold, the fact of the matter is that these forms of money require you to trust a third party to actually have the physical commodity that’s backing up the digital currency. Bitcoins do not need any backing because the fact that they’re censorship resistant give them value on their own. This means that users of Bitcoin can handle their own private keys and hold their bitcoins like cash.

Low costs – Although the state of transaction fees in the Bitcoin payment network could change in the future, the system is still relatively cheap right now. Transactions usually cost roughly $0.05 at present time, which is a large improvement over the $0.30 base fee that is involved with most credit card models. Other projects, such as Open Transactions, should be able to bring transaction costs down even more while also maintaining a payment model that is not centralized.

Fast transactions – Bitcoin transactions are instant, and they are then confirmed into the Bitcoin blockchain roughly every ten minutes. Each confirmation increases the security of a past transaction, and no other payment model in the world can offer these kinds of absolute payments in such a short period of time.

Lack of chargebacks – There are no chargebacks in Bitcoin, which means merchants don’t have to worry about a past customer reversing a transaction after a product has been delivered. This removes the costs of fraud prevention for the merchant, and consumer protections can still be built on top of the Bitcoin blockchain for people who need an extra safety net.

Transparent monetary policy – The rate at which bitcoins are mined is easy for everyone to see, so there is no reason to worry about problems related to inflation. Various central banks around the world are notorious for robbing their citizens through the inflation tax, which is why some view the bitcoin as a proper hedge during periods of excess money creation.

Privacy – Although Bitcoin is not anonymous by default, it can be used in ways that are extremely private with the right tools. Work is also being done to improve the anonymous nature of Bitcoin transactions, and it should not be too long before features such as stealth addresses and trustless mixing allow users to enjoy the possibility of user-friendly anonymity.

It is clear that there is value in bitcoins as money, but we have still yet to see just how valuable they will turn out to be. Bitcoin has turned out to be successful in areas of finance where there is the most friction up to this point, but we will have to wait to see if it expands out into the mainstream over the long term.

]]>Chaos and collapse 2008.The subprime mortgage crisis led to the Fed printing squillions of dollars under the quantitative easing program. This was rapidly followed by a deep recession worldwide. The next event was the European Sovereign debt crisis which led to a loss of confidence in Government issued currencies.

It was from the eye of this perfect storm that emerged the great crypto currency BITCOIN.

Since the birth of the internet, there have been movements to create virtual currencies. However early attempts could not solve the DOUBLE SPENDING problem. Put simply if digital money is just information then the same Token could be duplicated and spent twice. The way around this is to verify whether or not a token has been spent by a verified trusted source. Whilst a central authority could be used it also creates weakness in the system by having a single breaking point. BITCOIN bypassed this by utilizing whats called the blockchain a public ledger of transactions where each transaction is verified by an extensive, decentralized network of computers. AUGUST 2008 Bitcoin.org is registered.

“Satoshi Nakamoto is Japanese for “Thinking clearly inside the foundation”

In October 2008 BITCOIN DESIGN PAPER IS REGISTERED and thus Bitcoin was born. satoshi Nakamoto likely a pseudonym is the founder of the protocol. No one knows the true identity of this person or group but what is know is- Satoshi Nakamoto is Japanese and the translation is roughly “Thinking clearly inside the foundation” Satoshi made a final programming contribution in 2010 and then the reigns were handed over to Gavin Andresen, Bitcoin’s current lead developer. In January 2009 The so-called genesis block is released along with some Bitcoin software and the first Bitcoin are available.

Take a look at a cool Bitcoin history Diagram The Next Gold Rush Has Already Started… Here is a cool diagram showing you the evolution of Bitcoin currency : Bitcoin cash’s surge above $500 today is changing more than just the the net worth of its investors and users. The rising price is also creating the incentive for miners to dedicate computing power to the bitcoin cash blockchain, one that could find them moving away from bitcoin. With the new push, bitcoin cash miners are making around 2% more mining on bitcoin than they do on bitcoin cash. And that spread could further increase with an upcoming adjustment on bitcoin cash that will make it even easier to mine. Block 479,808 (set for this weekend) will likely trigger a difficulty adjustment downwards 50%, and if the prices of bitcoin and bitcoin cash stay the same, this means miners will make almost double on bitcoin cash what they would on bitcoin. However, even with this threshold met, not all things are equal on both chains. Source : coindesk.com The bitcoin offshoot, bitcoin cash, soared Friday after indications the alternative digital currency could achieve its goal of speeding up transactions. Bitcoin cash rose 40 percent from Thursday’s close of $460.53 to briefly hit $655 Friday afternoon, according to CoinMarketCap. That’s the highest since bitcoin cash touched $756.93 on Aug. 2, the day after bitcoin split into bitcoin and bitcoin cash. However, the volatile surge was even greater when considering bitcoin cash hit an intraday low of $293 Thursday before climbing to $460.53, according to CoinMarketCap. On Wednesday morning, bitcoin cash “miners” successfully demonstrated that the digital currency could support an eight megabyte block, versus the original bitcoin’s one megabyte. Blocks are part of the blockchain technology behind digital currencies like bitcoin that limit transaction speeds. Bitcoin has had its ups and downs since its introduction in 2009, but it’s been on a rocket-ship ride of late. On Sunday, it surpassed the $4,000 mark for the first time. While their units of measurement are not comparable, the falling price of gold and rising price of bitcoin is still nonetheless, significant. Demand for gold, which investors flock to in times of uncertainty and volatility, has fallen since the election on a stronger dollar, signs of future interest rate hikes, and potentially business-friendly policies that may arise from the Trump administration. Those potential regulatory changes would raise the chances of higher-yielding stocks. Some investors consider bitcoin a safe haven that’s comparable to gold. Like gold, the digital currency isn’t tied to one country or central bank. When a particular country experiences a political or economic crisis, its national currency can often take a nosedive; it’s global nature and usage make bitcoin more insulated from such problems. Despite their similarities, there’s one key difference: Gold has been much stabler than bitcoin, as we can see in this chart from Statista, which is based on data from Coindesk and onvista. So, for investors looking for a safe bet, the precious metal is still the way to go. The general consensus among the investment community is that the price is in a mammoth bubble territory and it would crash. After all, we have witnessed a number of crashes in the equity market since its birth. The NASDAQ, the blue-chip index, experienced a massive crash on the back of the tech bubble when it fell by 78% in the 30 months ending 2002.

 

The market has not only recovered from that level in the preceding years but it has made record highs, and to date, it is up nearly 26%. Just to put things in perspective, the NASDAQ index is up 486% from its tech crash low…

For illustrative purpose, there is more global audience force of attraction behind Bitcoin as compared to the largest stock market in the world, US. There is a limited supply and the currency simply cannot be counterfeited. It is more than perfect for the new technological world. Consumers are shopping more on the internet and Bitcoin is competing with other currencies in this space. Given its massive popularity and availability across all continents, internet entrepreneurs are launching more products focused specifically on these markets. Over time, we are going to get more products such as futures, ETF, options due to high demand and that would make the price more stable. Important Events To Look Out For this month, we are up nearly 64% and the race towards the 5000 mark is on. Potentially there are two important events that you want to keep a close eye on. Firstly, on the 22nd of August SegWit, the technological innovation would be put to test to carry out the first real world Bitcoin SegWit transaction. If all goes according to the plan, it would spur more confidence and it is more likely to attract new capital. On November 22, it will be nearly three months that SegWit will be activated and the New York Agreement road map has planned a Bitcoin hard fork which would result in double the block size.

Read Full Story from Forbes As we already know: A blockchain is used to record all transactions ever made with Bitcoin. This block chain allows anyone’s current balance to be checked. It also ensures that any transactions that are being made are definitely authorized by the individual sending the bitcoins. Cryptography is used to ensure the blockchain cannot be interfered with or become corrupted. In addition, Private Keys (like very long randomly generated passwords) are used on every transaction to act as a digital signature for the person spending the bitcoins. This ensures hackers cannot spend other people’s money. The whole system runs on a peer-to-peer network, relying on individuals personal PCs rather than a central data center. This huge collection of individual’s computers all process the data needed to ensure the fast running of transactions. This processing is called mining.

Highly randomized algorithms are used to ensure that any one person can never possibly predict or know whose transactions they might be processing. This further removes the possibility of abuse.mining-for-bitcoin As an incentive to individuals to provide their hardware for performing these services, the mining process also periodically mints new Bitcoins, and rewards them to the owners of mining equipment. Bitcoin has a defined maximum number of coins that will ever be produced. This keeps the scarcity and desirability in check.As at the time of this report there are around 13,000,000 in ciculation this amount will be capped to 24,000,000]]

The Art of making Bitcoin and other Crypto Currencies

Preface

The main purpose of this guide is to provide ideas and information on how to safely use Bitcoin and Bitcoin services to avoid many undesirable and harmful effects that others have experienced. Ideas can only be overcome by other ideas. Money and force are impotent against ideas. The abandonment of sound money is the chief reason, if not the only reason, that the world has become such a dangerous place. Bitcoin, being merely open-source software code, is a powerful idea and tool to counteract these evils.

Contents

Get Your Virtual Hands On Bitcoin ………………………………………………………………. 1 Preface……………………………………………………………………………………………………….. 1

Introduction to Bitcoin………………………………………………………………………………… 3

How to get your virtual hands on Bitcoin ? ………………………………………….. 4

-Get free Bitcoin from Bitcoin Faucets ………………………………………………………….. 4

-Make Bitcoin With Your Computer & Graphic Card ………………………………………. 5

-Make Bitcoin with Cloud Mining Providers ………………………………………………….. 6

-Reinvest to multiply …………………………………………………………………………………… 7

Bitcoin Knowledge …………………………………………………………………………………. 8 Wallets……………………………………………………………………………………………………….. 8 Transactions………………………………………………………………………………………………. 10 Mining………………………………………………………………………………………………………. 11

The Blockchain………………………………………………………………………………………….. 13 Exchanges…………………………………………………………………………………………………. 14

Trade shares …………………………………………………………………………………………….. 14

Alternative coins……………………………………………………………………………………….. 15

Buy and Sell Bitcoin & other cryptocurrencies……………………………………………….17

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What is IdeaCoin

The idea of IdeaCoin system is very simple and profitable. They have created bots (IDEABOT) which monitor more than 12 exchanges and other sources for the appearance of new coins in their listing. After the appearance of the coin on the exchange, the system analyzes the coin indicators, more than 24 parameters and decides whether to buy this coin for profit or not. After the bots have made the purchase of coins, they further analyze the market for a sharp increase in the value of the bought coins (pump) and if it occurs, then sell these coins in several steps, making a very high profit in the system. Sign up for IdeaCoin 8% bonus: IdeaCoin

IdeaCoin ICO

So the Idea Coin ICO will begin on the 20th of November(TODAY). It will finish on December 10th. There will be 15 million tokens for sale, and a total of 16.5 million tokens with the referral system in place rewarding users.

Getting into the ICO – or as most people say it out loud; initial coin offering will be a difficult task. By looking at previous lending platforms we can see that EthConnect had such unstable server issues that many people were unable to buy. Not only were the servers frequently offline, but the coins would sell out so fast when they came online that it was almost impossible for anyone without a bot to purchase. The reason these tokens or coins as many call them, sell out so fast is due to the return on investment after the ICO is complete.

Idea Coin Price Predictions

IdeaCoin ICO Price: $1.00 IdeaCoin Price in 3 months: $15 Returns: 1500%

Partnership program

When you invite new participants, we pay you the commissions in coins IDEA COIN. We will offer you various types of partnership rewards.

IdeaCoin Binary Bonus

For every number of coins invested to Lending Program you will get credits 1:1 (it means, that a user, who invested $2000, will generate you 2000 credits in the correspondent binary leg). When more than 2500 credits pile up in right or left binary leg, you close one binary cycle. 1 binary cycle makes you a bonus of $100 at the account of Lending Wallet. Maximum number of binary cycles at 24h is 4 cycles.

IdeaCoin Trading

You can make a serious profit at the internal (or external) exchange by purchasing coins IDEA COIN and their resale for a higher price. In order to allow professional traders to join us, we launch our coin to big external exchanges, where you can buy and sell them.

IdeaCoin Mining

The special to IDEA COIN is the name. This is because of its extraordinary ability to be mined by every IDEA COIN user from home. It is said, that it is impossible to create gold at home. You have to work hard to find it. IDEA COIN works in a similar way. With the big difference, that your mint is your home. With the technology of IDEA COIN you are able to create IDEA COIN with your computer or special hardware (ASIC). IDEA COIN can be mined with X11 algorithm .To earn a reward through PoW mining IDEA COIN, download the IDEA COIN wallet for your operating system.

IdeaCoin Stacking

Why can you earn profit from Staking? As IDEA COIN blockchain technology will give you bonus you when you hold your coin and your coin will be used to stake. It is a way to confirm transaction for the system, the more you keep IDEA COIN, the more bonus you earn from Staking. This means that if you just hold your coin in your wallet over time, and your coins are not used for Staking, you could miss substantial benefit. So if you have IDEA COIN that you are not involved in lending or trading then you should be involved in staking.

Get Your hands on IdeaCoin

Visit IdeaCoin Today and get 8% bonus

IdeaCoin IdeaCoin is an investment platform that provides lending, staking and a trust network. IdeaCoin aims to be a high quality, profitable and a reliable service/platform. They hope to bring you maximum profits safely and securely, whilst also maintaining stability in this very volatile and sometimes crazy crypto currency world. If you’ve seen UCoinCash or CryptoXChanger you’ll be familiar with how a lending platform works, however I’ll run through the basic idea(haha funny I know) of how IdeaCoin works.