Being a popular form of currency, bitcoins are gaining worldwide recognition today, as a result, many people have shown interest in buying them. Although many financial leaders suggest that people stay away from this form of cryptocurrency due to its fluctuating value, it is still being adopted at a rapid rate. To buy bitcoins, you …
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The reason for the Bitcoin crash
We all knew the time when 1 bitcoin was worth more than $13,000 and then it suddenly crashed and now it’s only worth $6,000. People never seem to know or understand the reasons for these crashes and I will explain it to you. There was a total amount of BitCoin that the developers generated from …
The basics of cryptocurrency and how it works
In the times we live in, technology has made incredible advances compared to any time in the past. This evolution has redefined human life in almost every aspect. In fact, this evolution is an ongoing process and hence human life on earth is improving day by day. One of the latest inclusions in this aspect …
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What is Bitcoin and its features?
Introduction to Bitcoin Bitcoin is an advanced form of currency used to buy things through online transactions. Bitcoin is not tangible, it is completely controlled and made electronically. Care should be taken when contributing to Bitcoin as its price is constantly changing. Bitcoin is used to exchange various currencies, services and products. Transactions are done …
Why have banks banned the purchase of cryptocurrencies using their credit cards?
The wave of banks banning cryptocurrency purchases using their credit cards is growing, with Wells Fargo now included in this type of ban. A number of other banks, such as Chase, Bank of America, Citigroup and others, are also part of this new trend to restrict cryptocurrency purchases. It appears that debit cards can still …
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Things you should know about Bitcoin Black
What is Bitcoin Black? Bitcoin Black is basically a cryptocurrency of the people, by the people for the people. It will be adopted for use as a peer 2 payment system that gives the power back to the people. If we talk about Bitcoin, Bitcoin has failed to do that, the real value comes from …
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Importance of using Cryptex Locker
Introduction: Cryptocurrency is a relatively new concept. Doing transactions using cryptocurrencies requires good knowledge. This area is growing rapidly and becoming very popular. At the same time, hackers started adopting newer methods to cause trouble and steal all the currencies. But it is possible to provide protection with digital currencies to avoid huge losses. This …
Bitcoin Cryptocurrency – Understanding the Basics
It has been more than a decade since cryptocurrency started to fascinate people through social media and especially over the internet. Bitcoin was able to rank among the best cryptocurrencies today, no one knows about the exact origin of the currency, but it appeared in mid-2008 in connection with the Japanese pseudonym “Satoshi Nakamoto”. So, …
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7 advantages of cryptocurrency
Cryptocurrency is a digital alternative to using credit cards or cash for everyday payments in various situations. It continues to grow as a viable alternative to traditional payment methods, but it still needs to become more stable before it is fully accepted by ordinary people. Let’s look at a few of the many benefits of …
Bitcoin Mining and Security, Part 2
Let’s recap on crypto security and if you need to, check out part one. Bitcoin security is important. Your bitcoin or any other cryptocurrency has a unique address or identification or private key. Therefore, you need to understand how important it is to keep it safe. If you lose it, it’s hard to recover it, …