What is Bitcoin?


Over time, bitcoins have become a well-known and popular form of currency. But what exactly is Bitcoin? The following article will review the entries and exits of this coin that appeared out of nowhere and spread like wildfire. What makes it different from normal coins?
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Bitcoin is a digital currency, it is not printed and never will be. They are maintained electronically and no one has any control over them. Produced by individuals and companies, creating the first form of money known as cryptocurrency. While normal currencies are seen in the real world, Bitcoin runs through billions of computers worldwide. From Bitcoin in the United States to Bitcoin in India, it has become a world currency. However, the biggest distinction it has from other currencies is that it is decentralized. This means that no specific company or bank has one.
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Who created it?

Satoshi Nakamoto, a software developer, proposed and created Bitcoin. He saw it as an opportunity to have a new currency in the central authority’s free market.

Who prints it?

As mentioned above, the simple answer is no one. Bitcoin is not a printed currency, but a digital one. You can even make online transactions using Bitcoins. So you can’t produce unlimited bitcoins? Absolutely not, Bitcoin is designed to never “extract” more than 21 million bitcoins in the world at once. Although they can be divided into smaller quantities. One hundred millionth part of a Bitcoin is called “Satoshi”, in honor of its creator.

What is Bitcoin based on?

For appearances primarily and for conventional use, Bitcoin is based on gold and silver. However, the truth is that Bitcoin is actually based on pure math. It also has nothing to hide, as it is open source. So anyone can examine it to see if it works as it says.

What are the features of Bitcoin?

1. As mentioned above, it is decentralized. It is not owned by any specific company or bank. All the programs that extract bitcoins form a network and work together. The theory was, and it worked, that if a network goes down, money will still flow.

2. It is easy to set up. You can set up a Bitcoin account in a matter of seconds, unlike large banks.

3. It is anonymous, at least the part that your Bitcoin addresses are not linked to any kind of personal information.

4. It’s completely transparent, all transactions that use Bitcoins are displayed in a large graph, known as a blockchain, but no one knows it’s you, as there are no names connected.

5. Transaction fees are tiny and compared to a bank’s fees, small and rare Bitcoin fees are almost useless. It’s fast, very fast. Anywhere you send money, it will usually arrive within minutes after you process it.g. It is not repudiable, that is, once you send your bitcoins, they are gone forever.

Bitcoin has changed the world tremendously and how we view money. Many people wonder if it is possible to make a living from Bitcoins. Some have even tried it. However, Bitcoin is part of our economy now, it is a unique type of currency and will not disappear any time soon.



6 advantages of investing in cryptocurrencies


The birth of Bitcoin in 2009 opened doors to investment opportunities in a whole new type of asset class: cryptocurrency. Many entered the space early.
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Intrigued by the immense potential of these fledgling but promising assets, they bought crypts at affordable prices. As a result, the 2017 bullfight turned them into millionaires / billionaires. Even those who did not participate much got decent profits.
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Three years later, cryptocurrencies are still profitable and the market is here to stay. You may already be an investor / trader or thinking about trying your luck. In both cases, it makes sense to know the benefits of investing in cryptocurrencies.
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Cryptocurrency has a bright future

According to a report entitled Imagine 2030, published by Deutsche Bank, credit and debit cards will become obsolete. Smartphones and other electronic devices will replace them.
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Cryptocurrencies will no longer be seen as marginalized, but as alternatives to existing monetary systems. Its advantages such as security, speed, minimum transaction rates, ease of storage and relevance to the digital age will be recognized.
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Specific regulatory guidelines would popularize cryptocurrencies and increase their adoption. The report predicts that there will be 200 million cryptocurrency wallet users by 2030 and nearly 350 million by 2035.
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Opportunity to be part of a growing community

#IndiaWantsCrypto by WazirX campaign recently completed 600 days. It has become a massive movement that supports the adoption of cryptocurrencies and blockchain in India.
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In addition, the recent Supreme Court ruling overturning RBI’s ban on cryptocurrency banking from 2018 instilled a new rush of confidence among Indian bitcoins and cryptocurrencies investors.
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The Edelman Trust 2020 Barometer Report also notes people’s growing faith in cryptocurrencies and blockchain technology. According to the findings, 73% of Indians rely on cryptocurrencies and blockchain technology. 60% say the impact of cryptocurrency / blockchain will be positive.
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By being a cryptocurrency investor, you will be part of a thriving and fast-growing community.

Increased profit potential

Diversification is an essential rule of investment. Especially during these times when most assets have suffered heavy losses due to the economic difficulties caused by the COVID-19 pandemic.
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Although investment in bitcoin has yielded a 26% return since the beginning of the year so far, gold has returned 16%. Many other cryptocurrencies have recorded a three-digit ROI. Stock markets, as we all know, have performed sadly. The price of crude oil crashed markedly below 0 in April.
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Including bitcoin or any other cryptocurrency in your portfolio would protect the value of your fund in such uncertain global market situations. This fact was also impressed by billionaire macro hedge fund manager Paul Tudor Jones when a month ago he announced his plans to invest in Bitcoin.
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Cryptocurrency markets operate on 24X7X365

Unlike regular markets, cryptocurrency markets operate throughout the day, every day of the year without fatigue. This is because digital currency systems are designed essentially using cryptographically protected software code snippets.
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The operational plan does not involve human interference. Therefore, you can trade cryptocurrencies or invest in digital assets whenever you want. This is a great advantage. Cryptocurrency markets are very efficient in this way.
For example, Bitcoin has successfully processed transactions with 99.98% uptime since its inception in 2009.

Tweet: https://twitter.com/fernandoulrich/status/1185368277557620736

No documentation or formality is required

You can invest in bitcoin or any other cryptocurrency anywhere, anytime without unnecessary terms and conditions.

Unlike conventional investment options, where an absurdly high amount of documentation is required to prove yourself an “accredited investor,” cryptoinvestment is free for everyone. In fact, this was the intended goal behind the creation of cryptocurrencies. The democratization of finance / money.
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To buy any cryptocurrency WazirX, you must open an account for which you only need to provide some basic information, including your bank account information. Once verified, in a few hours, it will be fine.

Sole property in investments
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By purchasing bitcoins or any other cryptocurrency, you become the sole owner of that particular digital resource. The transaction takes place in a peer-to-peer agreement.
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Unlike bonds, mutual funds, stockbrokers, no third party “manages your investment” for you. Name the buying and selling traits whenever you want.
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User autonomy is the biggest advantage of cryptocurrency systems that it provides incredible opportunities to invest and build a corpus in your core capital “independently”.
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These were some of the advantages of investing in cryptocurrencies. We hope you find them useful and compelling enough to start your cryptocurrency investment journey.
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The investment mistake Otha Anders made


In 2015, an old Louisiana gentleman charged at a nearby bank a load of 55-cent plastic water jugs he had collected for the previous 45 years. After counting the last penny, Otha Anders received more than $ 5,130 as a total of her pennies. That exceeds 510,000 cents. To the general public, this news probably sounded wonderful, but to all American numismatists who collect and buy coins for fun and profit, Anders lost a lot of money.

According to the News-Star of Monroe, La., Anders referred to each of his pennies as a “God-given incentive that reminded me that I would always be grateful.” However, in the Anders case, a “penny saved” may be more than “a penny earned.” Many of those who charged for instant cash would have been worth more money.

Since Anders began hoarding pennies in 1970, he would have collected many pennies of “wheat” that hit the Mint between 1909 and 1958. Even today, there are still many pennies of “wheat” in penny rolls. and circulating changes. When he started saving in 1970, he would have found many pennies of wheat in very good condition. For the past 45 years, most of each of these cents would have more value than a penny.

According to RS Yeoman’s “Guide Book of United States Coins 2015,” wheat penny values ​​ranged from $ 0.10 in good condition to several hundred dollars in an “almost” uncirculated state. In addition, the guide records some extremely rare pennies that were worth up to $ 5,000 in uncirculated conditions. However, it would be impossible to estimate the numismatic value of the entire collection; each coin should have been examined by reputable coin traders who could have helped him sell his collection, but it is easy to imagine that Anders would have earned more than $ 20,000 if he had had the patience to make them. evaluate.

In addition to the numismatic value, there is a precious metal value for the price of the entire weight of the copper coin. All American copper coins struck up to 1981 contained 95% copper. According to the website “InvestmentMine”, in 2015 the average value of copper was $ 2.86 a pound. All Anders pennies weighed more than 2,800 pounds. So if you chose all the coins, we would multiply 2,800 pounds and 2.86 the sum in copper would have been a total of about $ 8,000. However, a conservative estimate of the number of copper cents was 75%, we would get about $ 6,000, which is about $ 900 more than he received.

While Anders received more than $ 5,100 for his huge collection, he could have achieved much more if he had taken the time to evaluate them all for a numismatic format. However, the good news is that if you live in or near Louisiana, you could buy a lot of penny rolls from local banks and you’ll probably find some of these wheat cents with a higher rating.


Brief history of Bitcoin


Bitcoin is the most important cryptocurrency in the world. It is a peer-to-peer transaction and currency system based on a consensus-based decentralized public record called a blockchain that records all transactions.

Now bitcoin was planned in 2008 by Satoshi Nakamoto, but it was the product of many decades of research in cryptography and blockchain and not just the work of a single man. It was the utopian dream of cryptographers and free trade advocates to have a decentralized currency without borders based on the blockchain. His dream is now a reality with the growing popularity of bitcoins and other currencies around the world.

Now the cryptocurrency was first deployed on the consensus-based blockchain in 2009 and the same year it was first traded. In July 2010, the price of bitcoin was only 8 cents and the number of miners and nodes was quite lower compared to tens of thousands at the time.

Within a year, the new alternative currency had risen to $ 1 and was becoming an interesting prospect for the future. Mining was relatively easy and people made money earning business and even paying with it in some cases.

Six months later, the currency had doubled again to $ 2. Although the price of bitcoin is not stable at a certain point, it has long shown this pattern of insane growth. In July 2011, the currency was beautiful and reached the record price of $ 31, but the market soon realized that it was overvalued compared to the gains made on the ground and corrected it back to $ 2.

In December 2012 there was a healthy increase to $ 13, but soon enough the price would explode. Within four months through April 2013, the price had risen to a whopping $ 266. It was later corrected to $ 100, but this astronomical price increase increased stardom for the first time and people started debating a real world scenario with Bitcoin.

It was at that time that I met the new currency. I had my doubts, but as I read more, it became more clear that the currency was the future, as I had no one to manipulate or impose it. Everything had to be done with total consensus and that was what made him so strong and free.

Thus, 2013 was the advancing year of the currency. Large companies began to publicly favor the acceptance of bitcoin and the blockchain became a popular topic for computer programs. Many people thought then that bitcoin had fulfilled its purpose and would now be established.

But the currency became even more popular as bitcoin ATMs were established around the world and other competitors began to flex their muscles at different angles of the market. Ethereum developed the first programmable blockchain and Litecoin and Ripple began to be faster and cheaper alternatives to bitcoin.

The magic figure of $ 1,000 was first breached in January 2017 and has since increased fourfold until September. It’s really a remarkable success for a currency that was only worth 8 cents just seven years ago.

Bitcoin even survived a tough fork on August 1, 2017 and has risen almost 70% since then, while even Bitcoin’s cash fork has achieved some success. All this is due to the attractiveness of the currency and the stellar blockchain technology behind it.

While conventional economists argue that it is a bubble and that the whole cryptographic world would collapse, it is not. There is no such bubble, as it is an observable fact that it has, in fact, eaten away at the shares of fiat currencies and monetary transaction companies.

The future is extremely bright for Bitcoin and it is never too late to invest in it, both in the short and long term.


Breaking news about currency trading


Currency trading on the stock exchanges allows traders to generate income and never have to leave the comfort of an office or home. Currency trading is now available on any computer and the markets are open twenty-four hours a day and five days a week.

What is FOREX

Forex is the term for trading foreign currencies on world currency exchanges. Currency trading allows nations to accumulate foreign exchange reserves for use in purchasing and economic business. Investors become part of the process and try to buy a foreign currency that changes to a lower rate, with the possibility that the exchange rate will change and the currency will be worth more at a later time. Much of the forex trading is done daily and there are computer programs and applications to assist in the buying and selling procedures. Many applications will perform operations automatically when foreign currencies reach a certain exchange rate compared to other currencies. Larger banks and stock exchanges such as CITI can help in forex trading and manage investor accounts.

Breaking news

There are several websites that provide up-to-date news on currency exchanges. Any investor who wants to get a return on their investment should keep up with the latest forex markets. Websites, such as http://news.tradingcharts.com/forex/headlines/Forex.html, will keep investors up to date on all breaking news about Forex. These websites analyze the market information continuously and report on all the market trends. The following trends, such as the declining value of the euro during the financial crisis in Ireland, and the concentration of the British pound against the euro allow investors to quickly adjust trading strategies to enter the right market and avoid losses. Currency exchanges operate on the same principles as any open trading market, being aware of changes allows investors to maximize returns and reduce risk.

For all breaking news about currency, an investor would be advised to subscribe to a news service that stays on top of the markets and automates the trading process. The cost of these services will be covered by upward operations that maximize the return each day.


How to use Forex News to make money


Time is all in the forex market. Currency news plays an important role in helping brokers know when to buy and when to sell. It informs them of future fluctuations and informs them of what to do about it. To know when is the right time to operate, you need to be informed of the different market events. You also need to know how to analyze them and respond accordingly.

In its entirety, the foreign exchange market has great potential for exploitation. It is actually the largest market in the world. Traders need to follow the different market trends to be successful in this lucrative business. They also need to know what is going on in the foreign market. Different events and factors can affect currency prices. Currency news also informs them of changes in the global field.

There are three main factors that are considered to greatly affect prices: political events, interest rates, and inflation rates. If an influential political leader dies, it has a big effect on his country’s currency. Natural disasters also play a role in the influence of currency prices.

That said, traders need to be interested in and access forex news. It is good that it is very accessible. Different forex trading companies offer their traders pieces of currency news. They keep their traders up to date on financial, social and political events that may affect the foreign exchange market. The trader can also access currency news. It is widely available in various special newsletters and websites.


Currency trading in the news


One method used by many traders is known as news trading. In short, since much of what currencies do is based on economic news and indicators, after news and announcements of government statistics (employment figures, housing start, manufacturing capacity, etc.) you can give a real idea of ​​what a currency can make a particular country.

It becomes even simpler if you consider that the US dollar is involved in 90% of all foreign exchange transactions. So you can focus on what’s happening in the United States if you don’t have time to follow all eight major currencies: the US dollar, the pound sterling, the euro, the Swiss franc, the Japanese yen, the dollar Canadian, Australian Dollar and New Zealand Dollar.

If you have a little more time, you can at least control the main news published periodically by governments. The following list shows when some of the major countries in the world publish their news. Also, of course, when considering news, there are events that have unpredictable effects, such as earthquakes, terrorist attacks, and civil unrest, to name a few, that can also affect currencies.

8:30 – 10:00 USD in all hours EST.

Japan JPY 18:50 – 23:30

Canada 7:00 – 8:30 CAD

UK from 2:00 to 4:30 GBP

Italy: 3:45 – 5:00 EUR

Germany from 2:00 to 6:00 EUR

France from 2:45 to 4:00 EUR

Switzerland 1:45 – 5:30 CHF

New Zealand NZD 16:45 – 21:00

Australia 17:30 – 19:30 AUD

And you can go to almost any good trading website and find a cheap calendar that should contain the main launch schedules. For example, the US employment report usually appears on the first Friday of each month with figures from the previous month. Other versions are usually timed in a similar way. Some versions are more important than others, although it changes depending on the situation. Again, for example, the main U.S. interest rate can be a very revealing indicator of what the U.S. Federal Reserve intends to do with the U.S. money supply.

An increase in the rate indicates a tightening of supply and a decline indicates a loosening of supply. However, now, with the US economy in a bad state and the rate at 25%, it is very unlikely that any change in the rate will occur, so this indicator will probably not affect Forex in the near future (this article was written March 31, 2010).

An indicator in the US that is quite important at the moment is the employment figure. The main factor hindering the US economy and impeding growth is the lack of jobs. Therefore, the economy, and most likely the dollar, will probably not strengthen until this situation is alleviated. If a large number of jobs are reported they could make traders more bullish against the dollar, creating a business opportunity.

There are many other factors that can be considered and many of these will be addressed in future articles that will focus on news trading.


Facebook increases its Blockchain division with a new boss


Technology giants are exploring blockchain and Facebook will not be left behind. According to reports, the company has promoted one of its senior engineers, Evan Cheng, as engineering director for its new blockchain division.

Activation of the blockchain division

Last May, the head of Facebook Messenger, David Marcus, had announced leaving the post to help the company explore the uses of blockchain technology.

“I’m setting up a small group to explore how to make the most of Blockchain through Facebook, starting from scratch,” Marcus announced via a post on his Facebook page. This came months after the announcement by Facebook CEO Mark Zuckerberg, who began exploring the possible uses of cryptocurrencies for Facebook. Blockchain is the support technology behind cryptocurrencies brought to fame by Bitcoin.

Joining Marcus is now another Facebook chief engineer.

We take the blockchain seriously

Now that one of his senior engineers has moved into the blockchain division, the social media giant looks more serious than ever. Evan Cheng’s LinkedIn profile supports his transfer as he recently became Blockchain’s engineering director. Previously, Cheng was known as the head of Facebook’s Programming and Runtime Languages. He had held the post for three years.

Previously, Cheng was with Apple and worked as a senior manager of Low-Level Tools. He also has experience in later engineering and compilation technology. Cheng’s career showed him a tweet about blockchain. In addition, he previously acted as a divider for various blockchain initiatives / projects such as ChainLink and Zilliqa.

“It means it is [Cheng’s promotion] not just an exploratory project, ”TechCrunch cited a source who controls blockchain space. According to the same source, putting Cheng in the blockchain division means the project is important because he knows one or two things about scalability and performance.

As of the first quarter of 2018, Facebook has more than 2 billion monthly active users worldwide, making it a likely target of security threats due to the large amount of valuable information it currently has. . In recent news, the company has been involved in various data breach scandals in which data from 87 million Facebook users was gathered and used in political campaigns. Despite this, the number of monthly users still increased by 13% compared to the first quarter of 2017. Seeing the significant impact of social media in today’s society, it’s time for Facebook and similar social networking sites to find ways to protect its users from unscrupulous manipulations.

Facebook’s step to explore blockchain can be one of the steps to solving these problems. With blockchain’s decentralized, unchanging design, it bodes well for streamlining processes and enhancing security for data handling in many industries.


Investing in digital media: what opportunities are being considered?


Do you currently have a digital media technology or digital media company or other media related companies and are considering raising capital? This is one of the sectors much sought after by angel, venture capital and other investors. However, as technology and industry evolve, the definition of “New Media” or “Digital Media” or “Internet Media” is becoming broader. For capital seekers, it’s a big trend, as it means more companies are now expanding their mandate to include “media” assets. In this article, we revealed our latest interviews and conclusions from VCs and Angel Investors on what types of sectors and segments they will be looking for in 2010.

What are they looking for?

In essence, the term Media / Digital Media generally applies to companies whose business activities are engaged in:

1. Internet media

Broadly speaking, this means “website” business, a fund manager suggested that they analyze similar companies on eBay, Amazon and other web retailers; another fund manager suggested news websites with a single, selective target audience; such as the Hispanic news portal or a certain Internet television as investment opportunities.

2. Digital media technologies

Broadly speaking, technologies that can stream multimedia content, such as video clips and video broadcasts. Particular examples are digital technologies that can enhance the images of sporting events or digital remote control or specific digital technologies used on the iPhone or for real estate agents, for example.

3. Social networking websites

There are more and more fund managers separating it as an investment class. This is a particular area of ​​interest and can get the attention of investors, essentially that if you are able to run a great social networking website, you will essentially own a very large database and be able to use it for marketing and for other purposes, it is a very powerful and low cost company that can grab the attention of venture capital investors.

4. Digital market research and digital marketing

Investors are struggling to come up with a universal term for this industry. Ultimately, this applies to companies that use the digital / online platform for services, including market research. A good example is my friend’s business, which has over 400,000 members, and is a perfect platform for conducting market research, has attracted $ 10 million from venture capitalists.

One area that many have not realized the potential of is market research and digital marketing agencies; this has been a booming particular area for venture capital investment; as they are low-cost, scalable companies; and usually fast growing companies due to new technologies and the concept introduced around online media.


When will the next market crash happen?


If I was only paid for every prediction of the next market crash, I would be very rich. We are so used to brainwashing that most of us don’t even realize how much this happens 24 hours a day, 7 days a week.

Fact: You are not thinking for yourself, they are constantly telling you what to think

The permanent barrier of financial means that only serves a purpose that is to make you do something that is not to your benefit, but that fills your offers in one way or another, has reached a point beyond ‘excess. Today you just can’t activate CNBC, Bloomberg or any other news channel without brainwashing you. They are no longer news.

I periodically receive emails from so-called “top market analysts” telling me about the big crash. A big accident means we have to see a price drop of at least 15% in a short period of time.

Artificially induced fear rules the world of trade and investment

I only have one question: What happened to the big gold rally predicted by analysts as respected as Martin Armstrong over the past two years?

I don’t know about you guys, but I’m fed up and tired of these hysterical market calls designed to get your attention and flatter the egos of their producers. If I make the same market call long enough over time, it will happen.

Unfortunately, this is not the worst:

Our brain simply cannot cope with this constant overload. If you think listening to the news will help you become a better marketer, think again. All it does is lead to a deep-rooted insecurity that makes your mind susceptible to authority, fueling insecurity, greed, and dysfunctional business behaviors.

Today everyone has the status of a guru who has appeared on television at least once

The whole gurus industry is a media machine designed to disenfranchise you and make a lot of money from the many business foresight services. Without realizing your conscious awareness, your brain is addicted to this kind of overwhelming information. If I were to ask you to stop listening to the news starting today for the next week or so, it would be very difficult for you to do so.

Most of what you are told is a simple manufacture, not based on reality

Still, the story sells itself to you repeatedly from many angles that you finally believe it. Welcome to the biggest brainwashing machine out there.

Fact: Most so-called gurus are brilliant at selling and lousy at trading

I know quite a few of them and have seen their trading accounts. Believe me, you will be shocked.

I wonder: how many times have you gotten caught up in a trade you’ve done just because you’ve been influenced by the opinion of some trader who is extremely knowledgeable and competent? It scares me to think. I did too. In fact, I lost a lot more money following the advice of other traders, brokers and famous analysts who failed to lose my own style.

Distinguishing what is true for your business psychology and personality and separating wheat from straw is a high order.

Most marketers ’brains are simply not trained to manage their minds in a constructive way that serves them. They are too immersed in their unconscious addiction to know in advance where the market is going. I know talking very harshly, unfortunately, is one of the few truths out there. Freeing yourself from the addiction to market news is one of the kindest things you can do for your brain and your business account.