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Bitcoin

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Would it be a good idea for you to Invest in bitcoin or stock market? Which Is Right for Your Portfolio: bitcoin or stock market? Stock markets have been a significant method of investment for quite a while. Compared to that, bitcoins customarily have been drawn as a digital currency. Although, bitcoin’s principal use, its application is not limited only to this. Despite its unpredictable nature, bitcoin has ended up to be a reasonable alternative…

Cryptocurrency has been catching a lot of attention for the past few years. There are a lot of debates surrounding this ‘next big thing’ and Bitcoin in gambling. However, financial analysts, traders, bankers, stock market experts have been a bit sceptical about it. But now with the world being pushed into quarantine and lockdown, it’s been speculated that cryptocurrency might actually be a good substitute. In fact, some believe it to be the money of the…

“Well, I think the bitcoin mining calculator is working. There may be other currencies like it that may even be better. But in the meantime, there’s a big industry around Bitcoin.- people have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.” -Richard Branson, Founder of Virgin Galactic What is a bitcoin: Before we learn about the biggest tools of Bitcoin Mining lets get a…

What is Bitcoin? As the features of Bitcoin is a digital currency created in January 2009 following the depression of 2008 and the housing market crash in the USA and in most developed and developing countries worldwide. A digital currency implies any means of payment that exists purely in electronic form. It’s not tangible like a dollar note or a coin. The payment made is accounted for and transferred using computers. Digital money is exchanged…

Ever wondered that there could be a medium of exchange that is not a currency? Not like Rupees, Dollars, or Euros? While some of you might have heard of cryptocurrencies, there is a lack of awareness among masses regarding its meaning and usage. Cryptocurrencies are e-currencies or electronic forms of cash. Among a lot of cryptocurrencies that have evolved over a period of time, Bitcoin is a first example of cryptocurrency. Unlike traditional currencies which…

Ethereum was launched in 2014 by a band of coders. It was designed with a basic concept that anyone can easily code any type of app along with deploying it on blockchain. As far as ethereum token is concerned, then they are digital assets that is built on ethereum blockchain. So in short ethereum is a platform that is probably used to create smart contracts that will represent digital assets called ethereum token. So today…

With the introduction of Bitcoin in 2009, the whole world’s currencies are no longer subjected to commodity or political authority. Bitcoin is basically a currency system based on mathematics. It is not concerned with any type of authority and commodities of the physical world. Thus the prices of Bitcoin are based on pure free-market dynamics of demand and supply with the help of independent exchange platform. But there are certain concerns that have been raised…

Although Litecoin and Bitcoin are direct competitors still they are similar in certain ways. Litecoin was originally coined and developed by Charlie Lee in 2011.There were times when Bitcoin was used, mining difficulty was increased due to competition within the network. This issue was solved only after accounting for electricity and mining cost by using Application Specific Integrated Circuit(ASIC) miners. In order to avoid this ASIC miners Charlie Lee developed Litecoin which was more memory…

Storing Bitcoin in a secure manner is a tough task. Nowadays one cannot risk to store the Bitcoins in computer as they are vulnerable to hackers. Technically as well if the Bitcoin is secured with strong passwords, once a hacker gets access to your wallet, it cannot be saved. Thus the best idea to keep your Bitcoin safe is to store it in a Bitcoin address that is not in your wallet. Thus there are…

CampBx is basically a platform where one can easily buy and sell bitcoins for US dollar. The main purpose of this platform is to provide stability and security. Due to its strong emphasis on security, it is audited automatically by MacAfee on regular basis. Also it has a special feature i.e. Google authenticator that uses two factor authentication and dedicated servers in a secure data centre. Apart from this Campbx also follows US laws and…