You must have heard the name a lot in the news recently and might be asking yourself what is Bitcoin? Bitcoin isn’t new –it has been operational since 2009 – but it is now getting more coverage than ever...
The recent rave surrounding cryptocurrencies and the blockchain technology behind them is known to many. The cryptocurrency world has opened the doors to many avenues in digital currency and it can be expected that this trend leads to a...
Bitcoin isn’t regulated at all – which is why we love it. It runs on free market principles. That is great but with is also come some risks. The biggest risk is using a bitcoin service that you shouldn’t...
Digital currency bitcoin has been experiencing a rapid rise in the last couple of months. Indeed, to be exact, the value of bitcoin has reached a record high. While investors and stakeholders both fail to understand the reasons behind...
When you go across the internet, you have certain expectations pertaining to your experience on the World Wide Web. You want and expect to connect with any website that you want and hope that your cable or phone operator...
After getting to know about the cryptocurrency rave, you must be wondering about the possible advantages and disadvantages that are associated with Bitcoins. There are quite a few advantages and disadvantages that make bitcoins a hot topic of debate.
Here...
Bitcoins are all the rage these days because their price keeps going up. Everyone wants to invest in them and earn money through them. If you have also seen how much the price of Bitcoins has increased over the...
We all know that wallets are for storing your money. However, we can see why there would be confusion about what a bitcoin wallet is. Bitcoins are a digital currency, and so why would you need a wallet for...
The process of creating (or mining as it is more colloquiallyreferred to) consists of a ‘distributed consensus system’ that the entire bitcoin network uses, in a bid to ensure the unique confirmation of all the virtual transactions that take place...
As a matter of fact, there are certain ways and means through which not just bitcoin, but many other types of digital or virtual currencies can and indeed are taxed, as such.
The key point, when it comes to trading...