Things You Need to Know About Bitcoin Black

What is Bitcoin Black?

Bitcoin Black is basically the cryptocurrency of the people, of the people for the people. It was adopted to be used as a peer 2 peer payment system that gives power back to the people.

If we talk about Bitcoin, Bitcoin has failed in it, the real value comes from the real use of the ecosystem and empowering people. Bitcoin transactions are slow and expensive, and as such Bitcoin is relatively centralized. Bitcoin takes people’s power away because it is manipulated so well and through cycles that discourage participants from cryptocurrency in general.

People buy bitcoin to get rich, not to get involved in the ecosystem. One percent elite take advantage of bitcoin and create discouragement, strategically raising the price and attracting entry for the dream of wealth and throwing away coins for their benefit. In fear of adoption. Bitcoin is completely controlled, bombed and manipulated at will, for many different reasons.

Bitcoin Black aims to solve these problems because the coin is a cryptocurrency with a fair distribution Airdropped in 1 Million wallets before the IEO where all funds go to groups in the community voted by the community to continue the project with a focus on equitable distribution, mass. adoption, usability, education, ease of access, ease and community.

The goal is to make it a truly decentralized autonomous network that gives back power to the people. He was not a member of one group, but a member of several branches of the community.

Distribution of Coins

Bitcoin Black aims to have an airdrop of at least 1 million wallets initially of no more than 0.5% of the supply owned by 1 founding member making it a truly decentralized cryptocurrency.

The project has a pre-sale of 2.5% of the total supply of almost 900 Million coins.

If we look at the IEO, 7.2 billion IEO coins will be allocated to several community foundations that will help the community continue the project in the future.

Counterpart funding for maneuvering (about 5%). The part used for the stability control fund to eliminate the possibility of early manipulation of low volumes and maintain monetary stability.

Finally, the prizes for introducing the application will be 14.4 billion coins.

Introducing 30 million members with an increasing rate of new users. A method of carrying coins in every school / university / workplace and community yard.

General Supply

The maximum supply was 36 billion coins.

Rewards

3.6 billion coins to be earned by members who help share Airdrop.

Simple social sharing platform with one click. Share a social message that provides an introduction to the encrypted video and the app download link that will allow your friends to download it. Currently the platform is active and working well.

RENEWAL

The most innovative are the transactions that are free of charge. You can send black bitcoin to anyone for free. Transactions are instant and you can send money as easily as sending a message.

Wallets are easy to access and very easy to use.

Conclusion

Black Bitcoin has a fair amount of money distributed to the masses with so much supply spread that it can generate little volatility by synchronizing bombs and dumps and lead to a stronger price. Black Bitcoin is the next bitcoin. You can register for the airdrop by clicking here. I was hoping that someone back in 2008 would join me in the Bitcoin airdrop. Bitcoin Black can change lives and we want to tell it to as many as possible.

how "Crypto" Working on Currencies – A Brief Overview Of Bitcoin, Ethereum & Ripple

“Crypto” – or “crypto currencies” – is a type of software system that provides transactional functionality to users via the Internet. The most important part of the system is theirs decentralized nature – usually given by blockchain database system.

Blockchain and “crypto currencies” have become major elements of the global zeitgeist recently; often as a result of the “price” of Bitcoin skyrocketing. This brings millions of people to join the market, with many “Bitcoin exchanges” suffering a lot of infrastructure stresses as demand rises.

The most important point to be aware of about “crypto” is that although it actually serves a purpose (cross-border transactions via the Internet), it does not provide any financial benefit. In other words, its “intrinsic value” is strictly limited by the ability to transact with other people; NOT to store / spread value (which is how most people look at it).

The most important thing you need to know is that “Bitcoin” and so on payment networks – NOT “currencies”. It will be covered deeper in a second; the most important thing to realize is that “getting rich” in BTC is not a case of giving people any better economic situation – it is the only process that will be able to buy “coins” in a lower price and sell it higher.

For this purpose, in looking at “crypto”, you need to first understand how it works, and where its “value” lies …

Decentralized Payment Networks …

As already mentioned, the key thing to remember about “Crypto” is that it is usually a decentralized payment network. Consider Visa/Mastercard without the central processing system.

This is important because it highlights the real reason why people are actually starting to look into the “Bitcoin” proposition more deeply; it gives you the ability to send/receive money from anyone around the world, as long as they have your Bitcoin wallet address.

The reason why it puts a “price” on different “coins” is because of the misconception that “Bitcoin” will somehow give you the ability to make money by being a “crypto” asset. No.

the only The way people make money on Bitcoin is because of the “rise” in its price – buying “coins” at a short price, and selling it at a much higher price. While this is good for a lot of people, it’s actually based on the “greater fool theory” – essentially stating that if you can “sell” coins, it’s a “greater fool” than you.

This means that if you’re looking to join the “crypto” space right now, you’re looking to buy any “coins” (even “alt” coins) that are cheap (or not expensive), and ride as they raise the price until you sell it later. Since none of the “coins” are backed by real-world assets, there is no way to estimate when/if/how it will work.

Future Progress

For all intents and purposes, “Bitcoin” is a spent force.

The epic rally in December 2017 signaled mass adoption, and while its price is likely to continue to grow into the $ 20,000+ range, buying one of the coins is now a big gamble to make it happen.

Money wise is already looking at most “alt” coins (Ethereum/Ripple etc) that have a relatively low price tag, but continue to grow in price and adoption. The key thing to look at in the modern “crypto” space is the way in which different “platform” systems are actually used.

Such is the rapid “technology” gap; Ethereum & Ripple is like the next “Bitcoin” – with a focus on how they can give users the ability to actually use “decentralized applications” (DApps) on top of their underlying networks to get a work tool.

This means that if you look at the next level of growth in “crypto”, it will almost certainly come from the different platforms you can identify there.

The Multilayered Cryptocurrency

Questions have arisen as to whether bitcoin has become a multilayered system. Well, the answer is yes. This article seeks to outline the different layers in which bitcoin is located. It’s all yours!

Have you ever heard of those who call bitcoin as digital gold? Clearly, crypto-currency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise even higher. However, it is also known that the coin can gain or lose 50% of its value overnight. This has led to investors ’speculations but the coin is nonetheless a“ digital gold ”. And on the question of whether bitcoin is a multilayered system, it should be noted that bitcoin exists in two main layers. These are mining and the semantic layers.

The mining layer

This is the layer where the coin is made. In addition to bitcoins, ether is also created in this layer. After creating the coins, the valid blocks of bitcoins are transferred to the ledger. Here, making money is done. It should be noted that the currency is generated from transactions contained in blocks of bitcoins. Blocks are known as transaction fees. Money can also be generated from the network itself, or you can say ‘‘ out of thin air ’’. The main advantage of generating money from the network is that it provides incentives to miners.

The Semantic Layer

It provides a very important platform. The semantic layer is the layer where bitcoins are used as a means of payment. It also provides a platform for bitcoins to be used as a store of value. The layer seems very important, doesn’t it? Holders of the bitcoin currency sign valid transactions that announce the start of the transfer of bitcoins between nodes in the semantic layer. The transfer can also be made by making smart contracts. Smart contracts transfer coins between different accounts.

The lightning network

You may not have heard of the lightning network. This is the latest invention launched by the bitcoin community. This layer has the ability to run on top of bitcoin. With this invention, comes an application layer that is on top of bitcoin. Very exciting. The most interesting aspect is that its amount is also applicable to payment. This can be made possible by bringing its value among the people. With the invention of the lightning network, bitcoin can become a transportation layer as well as an application layer.

Currently, the value of bitcoin is estimated at about $ 9 billion US. It is also known that bitcoin is a decentralized cryptocurrency. This means it will operate without the control of a bank or an administrator. Bitcoin is definitely taking over the crypto world.

Also importantly, that is why the technology used during bitcoin mining is called blockchain technology. It works by allowing the distribution of digital information, and not copying. Cryptos is really an exciting topic and in the near future bitcoins could catch up with our mainstream currencies.

5 Mistakes Most Bitcoin Buyers Make

Nowadays, it is not easy to buy Bitcoin. Some buyers make some costly mistakes when they try to earn some return on their investment for the first time. So, you may want to be careful in making this purchase. Given below are 5 common mistakes made by Bitcoin buyers. Make sure you avoid these mistakes.

Wrong Address

Make sure you enter the correct address to purchase Bitcoin. If the address is wrong, the transaction cannot be reversed, and you will lose your money forever. Unfortunately, you can’t correct this error if the address you entered is incorrect.

So, don’t forget to triple check your address to make sure it’s free of errors. It doesn’t take time to go through the details. It’s best to ask a friend or family member to check your details.

Confirmations

It’s a great idea to buy Bitcoin in person. You only need to give your hard earned money when the transaction is complete. It’s even better to get a lot of confirmation. So, you can be patient to make sure there are no issues later. This is especially important if you are investing a large amount of money.

Method of payment

One of the most common ways to pay online is to use PayPal or a credit card. The reason is that these methods are more convenient. Plus, they can save you a lot of money. However, keep in mind that you will have to pay a much higher fee to enjoy this convenience. For example, you have to deal with chargeback issues.

Therefore, it is better to choose a cheaper method of payment. For example, you can make a bank transfer. This is especially important if you regularly spend large amounts of money. In the long run, it will save you a lot of money.

Lost Opportunity

We know that people make a lot of money by buying and selling Bitcoin. However, if you make this purchase just because you don’t want to lose this opportunity to make money, you need to think again.

Buying Bitcoin without a solid strategy in place is a bad idea. As with any purchase, you need to do your homework before you can invest in Bitcoin. Therefore, having a strong strategy in mind is the most important.

Research

Nowadays, the process of buying Bitcoin and other currencies is straightforward. The reason is that there are many exchanges and many payment methods to choose from. But the problem is that we all have the potential to make mistakes especially when we buy something for the first time. So, you can take your time before buying it.

In short, if you avoid the mistakes described above, you can buy Bitcoin safely and without worries. Just make sure you have a basic knowledge of cryptocurrencies. May this help you make wise decisions.

Bitcoin vs Goldcoin

Bitcoin … Monetary Nirvana?

If you don’t know what Bitcoin is, do a little research on the internet, and you’ll get a lot … involved. In addition, Bitcoin transactions must be private, anonymous. Most interestingly, Bitcoins have no real existence in the world; they are only available in computer software, as a kind of virtual reality.

The general idea is that Bitcoins are ‘mined’ … interesting term here … by solving a difficult mathematical formula –is harder as more Bitcoins are ‘mined’ in existence; again interesting- a computer. Once done, the new Bitcoin is placed in an electronic ‘wallet’. Then it is possible to sell real objects or Fiat currency for Bitcoins … and vice versa. In addition, since there is no central issuer of Bitcoins, they are all highly distributed, thus resisting ‘management’ by authority.

Natural Bitcoin promoters, those who have benefited from Bitcoin’s growth, insisted loudly ‘sure, Bitcoin is money’ … etc … Well, Fiat promoters shouted just as loudly that paper money for money … and we all know that Fiat paper is not money in any way, because it lacks the most important qualities of real money. The question is whether Bitcoin qualifies as money … don’t think it’s the money of the future, or the best money ever.

To find out, let’s look at the attributes that define money, and see if Bitcoin qualifies. The three important qualities of money are;

1) money is a strong store of value; the most important attribute, as there is no stability of value the function of the nomerire, or unit of measure of value, fails.

2) money is the nomborire, the unit of account.

3) money as a medium of exchange … but other things can also perform this function ie direct barter, the ‘netting’ of things being exchanged. Also ‘trade goods’ (chits) that temporarily hold value; and finally mutual credit exchanges; ie eliminating the value of promises fulfilled through the exchange of fees or IOU’s.

Compared to Fiat, Bitcoin is less bad as a medium of exchange. Fiat is only accepted in the geographic domain of its issuer. Dollars are not good in Europe and so Bitcoin is accepted internationally. On the other hand, very few retailers now accept Bitcoin payments. Unless acceptance grows geometrically, Fiat wins … despite the cost of exchange between countries.

The first condition is more difficult; money should be a solid store of value … now Bitcoins have gone from a ‘value’ of $ 3.00 to around $ 1,000, in just a few years. It is about so far from a ‘stable value store’; as you get! In fact, such wins are a perfect example of a speculative boom … like Dutch tulip bulbs, or junior mining companies, or Nortel stocks.

Of course, Fiat also failed here; for example, the US Dollar, the ‘primary’ Fiat, has lost more than 95% of its value in a few decades … neither fiat nor Bitcoin qualifies as the most important currency; the capacity to store value and preserve value over time. Real money, which is Gold, has shown the ability to hold value not only over centuries, but over eons. Neither Fiat nor Bitcoin have this vital capacity … both fail as money.

Finally, we come to the second virtue; to be numerical. Now this is really interesting, and we can see why Bitcoin and Fiat fail as money, by looking closely at the ‘nomborire’ question. Numeraire refers to the use of money not only to store value, but to an understanding measure, or comparison of value. In Austrian economics, it is considered impossible to actually measure value; after all, value is only in the human consciousness … and how can anything be measured in consciousness? However, through the principle of Mengerian market action, which is the interaction between bid and offer, market prices can be established … if only for a while … and this market price is expressed in terms in nomborire, the best -selling benefit, money.

So how do we establish the value of Fiat …? Through the concept of ‘purchasing power’ … that is, the value of Fiat is determined by what it can sell … a so -called ‘basket of goods’. But his clear implication is that Fiat has no value in itself, rather value flows from the value of the goods and services it can sell. The cause flows from ‘bought’ items to Fiat numbers. After all, what’s the difference between a dollar bill and a hundred dollar bill, other than the number it’s printed on … and the purchasing power of the number?

Gold, on the other hand, is not measured by what it sells; however, remarkably, it is measured on another physical scale; by weight, or mass. One gram of Gold is more than one gram of Gold, and one ounce of Gold is more than one ounce of Gold … whatever number is engraved on it, ‘face value’ or otherwise. The reason is Fiat’s rival; Gold is measured by weight, an intrinsic quality … not by purchasing power. Now, do you have any idea the value of an ounce of Dollars? There is no such thing. Fiat is only ‘measured’ by an ephemeral number … the number it prints, the ‘face value’.

Bitcoin is far from numerical; not only is it a number, like Fiat … but its value is measured by Fiat! Even if Bitcoin becomes internationally accepted as a medium of exchange, and even if it manages to replace the Dollar as the accepted ‘nomborire’, it will never have an intrinsic dimension like Gold. Gold is unique in measuring true, immutable physical quantity. Gold is unique in retaining value for thousands of years. There is nothing else that mankind can reach with this unique combination of qualities.

In conclusion, while Bitcoin has some advantages over Fiat, namely anonymity and decentralization, it has failed in its monetary acquisition. Its advantages are also questionable; the intention is to limit the ‘mining’ of Bitcoins to 26,000,000 units; that is, the ‘mining’ algorithm gets harder and harder to solve, then impossible after 26 million Bitcoins have been mined. Unfortunately, this announcement could be the death knnell of Bitcoin; already, some central banks have announced that Bitcoins will be a ‘reservable’ currency.

Wow, that sounds like a big step for Bitcoin, doesn’t it? After all, the ‘big banks’ seem to accept the true value of Bitcoin, don’t they? What this really means is to recognize banks that they can exchange Fiat for Bitcoins … and the actual purchase of 26 million Bitcoins is planned to cost as little as 26 Billion Fiat Dollars. Twenty-six billion Dollars isn’t even the slightest change for Fiat’s printers; it’s about a week’s worth of printing the U.S. Fed alone. And, once Bitcoins are bought and locked in the Fed’s ‘wallet’ … what useful purpose can they serve?

No more Bitcoins left in circulation; a perfect corner. If there are no Bitcoins in circulation, how can the Earth be used as a medium of exchange? And, what can Bitcoin issuers do to protect against such a fate? Change the algorithm and add 26 million to … 52 million? To 104 million? Join the Fiat printing parade? But then, through the quantity theory of money, Bitcoin will start to lose value, just as Fiat allegedly loses value through ‘over-printing’ …

We come to the important issue; why look for ‘new money’ when we already have the best money, Gold? Afraid to confiscate Gold? Lack of anonymity from a troubled government? Brutal tax? Fiat money legal laws? All of the above. The answer is not in a new form of money, but in a new social structure, one with no Fiat, no Government spies, no drones and swat teams … no IRS, border guards, TSA thugs … on and on. A world of freedom not oppression. When it’s over, Gold will continue its old and important role as honest money … and not a moment ago.

Step by Step Guide to Bitcoin Investing

Well, like almost everything in life — if not —, you have to buy it before you can invest in it. Investing in Bitcoin can be very challenging, and that’s if you don’t have the step put in front of you.

First you need to know that Bitcoin is a type of cryptocurrency, one of the earliest digital currencies, invented, designed and developed by Satoshi Nakamoto, and it was released to the public in 2009.

And from there, updates as well as improvements are made by a network of highly experienced developers and the platform is partially funded by the Bitcoin Foundation.

As bitcoin has become a hot topic of interest and many people are investing in it, there is no harm if you can also acquire a digital wealth. It is interesting to note, back in 2012, Bitcoin companies were only able to raise $ 2.2 Million.

Despite the price drop this year, the cryptocurrency continues to grow with users and traders accepting it as payment.

So how do you get involved in the action? Investing in Bitcoin for the average Joe can be simple as he will only buy a few directly.

Buying it has now become simple, with many companies in the United States and everyone involved in the buying and selling business.

For U.S. investors, the easiest solution is Coin Base, which is a company that sells BTC to people at a mark that is typically about 1% of today’s market price.

If you prefer traditional exchanges, Bit Stamp can be a great option because you will not only sell to the company, but to the users.

The company only acts as a middleman. Liquidity is higher and you will almost always find someone else to take the other side of your trade.

Fees start at 0.5% and go down to 0.2% if you have sold more than $ 150,000 in the last 30 days. These are all in their own ways, investment mediums, because the more you buy BTC, the more profit you will make if you choose to keep it or sell it to other traditional buyers more higher price than you buy using real companies.

You can also buy bitcoins in another way of exchange. One of the most popular routes for offline is Local Bitcoins, which is a website that puts you in touch with potential buyers and sellers. When buying, the coins are locked from the seller’s escrow, where they can only be issued by buyers.

But buying bitcoins offline needs to be done with some extra precautions, which are always common, just like you would when meeting a stranger. Meet during the day in a public place and if possible, bring a friend.

Bitcoin is about the hottest thing online right now. Investors and venture capital firms are betting it’s here to stay. For the average Joe, many ways exist to get into investing and buying Bitcoin.

In the US, the most popular channels are Coin Base, Bit Stamp and Local Bitcoins. Each has their advantages and disadvantages, so do your research to find the one that works best for you.

The Benefits of Paying With Bitcoin

Because virtual currencies have a unique character, they offer many advantages over traditional currencies. Over the past few years, the world of digital currency has undergone many positive changes. There are many cryptocurrencies, but Bitcoin is one of the most popular. In this article, we will look at some of the most well-known advantages of paying with Bitcoin. Read on to find out more.

1. User Autonomy

For many users, digital money allows them more freedom than conventional money. People have better control over how they spend their money. The good thing is that they no longer have to deal with an intermediary like the government or a bank.

2. Kindness

Another advantage is that the items purchased with Bitcoin are discrete. Only the user can publish their Bitcoin transactions. In addition, transactions do not have their name next to them. Other than that, these transactions are almost impossible to track back.

Basically, each transaction has a different Bitcoin address. But that doesn’t mean these transactions are impossible to track back. So, if you don’t want to let others know where you spend your money, you can use cryptocurrencies to make payments.

3. Peer-to-Peer Focus

Another big advantage of the Bitcoin payment system is that it is peer-to-peer based. In other words, users can receive and send payments without obtaining permission from any authority. Payments can be made within seconds as long as the user is connected to the internet.

4. No Banking Fees

Unlike traditional fiat currencies, Bitcoin does not come with any deposit fees, overdraft fees or minimum balance fees. So, you don’t have to worry about maintaining your account or paying the balance.

5. Low Transaction Fee

Often, foreign purchases and regular wire transfers come with costs and exchange fees. Since cryptocurrencies do not require the involvement of the government or any intermediary institution, the transaction cost is minimal. If you are a traveler, this can be a huge advantage for you. In addition, bitcoin transfers are very fast, eliminating the need for authorization and long waiting times.

6. Mobile Payments

As with any online payment system, cryptocurrency users will be able to pay through their mobile phones as long as they are connected to the internet. So, they no longer have to travel to their bank to buy. In addition, you do not have to show your personal identity to complete the transaction.

7. Accessibility

Sincere users can receive and send Bitcoin using their computer or smartphone, without having to join a traditional bank or other authority. In addition, users do not have to use their credit cards to pay. Therefore, Bitcoin allows more accessibility than other options you can try.

Long story short, these are just a few of the main advantages of making Bitcoin payments over using the traditional payment method. Hopefully, this article will help you better understand cryptocurrencies.

Bitcoin and How to Make Money With It

Hello there,

This is my first article here so hopefully it will be approved, I will share some points about bitcoin and blockchain.

For those of you who don’t know what Bitcoin let me put it like this, Bitcoin is a currency that cannot be controlled by any bank or any government, it is basically a virtual currency and can be purchased online using real money.So then apart from a decentralized currency what is his advantages, well you can transfer bitcoin anywhere in this world without a lot of fees, you can be 100% anonymous while doing transactions thanks to a technology called blockchain.So what is the great thing about this you might ask, well let me tell you when it first launched it was worthless but now 1 bitcoin = 6,689.35 $ which is some pretty impressive growth isn’t it ?.

So how does this thing grow you may be asking, I’m good at telling you how to maintain a blockchain you really need to have something called a ledger where all the transactions should be noted and in order to be a block in a blockchain a hashing function needs to be resolved. and making bitcoin by solving hashes is called Mining Bitcoin.

To solve the hashing function people usually use graphics cards but over time bitcoin has become more difficult to mine and dedicated hardware called ASIC miners have been introduced.

That’s why people who spend their time and money mining and bitcoin will be rewarded with bitcoins and as more and more people become part of this blockchain its value will increase.

so how can I make money bitcoin, there are two ways

1.you can sell bitcoin/altcoin (any cryptocurrency other than bitcoin is called altcoin, yes there are thousands of them)

2.you can mine them yourself

Both of these methods have their own advantages and disadvantages, because bitcoin is controlled by anyone it is so unreliable that one day it could cost 10,000 $ and the next day it could fall into 100 $. Trading actually means buying bitcoin for real money and praying that its price will go up and selling it when it does go up. This method is very risky and you may lose more money than you make a profit.

Or you can choose to mine bitcoins, but here’s what you need to keep in mind, mining hardware is more expensive and mining requires a lot of electricity, as well as the difficulty of mining is increasing every day so you don’t get profits without long initials. investment.

The said bitcoin trading and mining are two great ways to make money if you know what you are doing.

Crypto TREND – Second Edition

In the first edition of CRYPTO TREND we introduced Crypto Currency (CC) and answered many questions about this new market space. There is a lot of NEWS in this market every day. Here are some highlights that give us a brief look at how new and exciting this market place is:

The largest futures exchange in the world to create a futures contract for Bitcoin

Terry Duffy, president of the Chicago Mercantile Exchange (CME) said “I think sometimes in the second week of December you see our [bitcoin futures] contract for listing. Today you can’t shorten bitcoin, so there’s only one way to do it. You can buy it or sell it to someone else. So you create a two -sided market, I think it’s always more efficient. ”

CME intends to launch Bitcoin futures by the end of the year pending a regulatory review. If successful, it will give investors a practical way to go “high” or “short” on Bitcoin. Other traders of Exchange-Traded Funds have also filed for bitcoin ETFs that track the future of bitcoin.

These advances have the potential to allow people to invest in the crypto currency space without directly owning CC, or using the services of a CC exchange. The future of Bitcoin will make the digital asset more profitable by allowing users and intermediaries to hedge their foreign exchange risks. That will increase cryptocurrency adoption by traders who want to accept bitcoin payments but are wary of its unchanging value. Institutional investors are also used to trading regulated futures, unaffected by money laundering concerns.

The CME move also suggests that bitcoin has become too big to ignore, as the exchange seems to have held back the futures of crypto in the recent past. Bitcoin is just all that is discussed by any of the brokerages and trading firms, which suffer amid rising but not usually peaceful markets. If the future of an exchange, it is almost impossible for any other exchange, such as CME, to reach, because size and liquidity are important in derivatives markets.

“You can’t ignore the fact that it’s become so much more of a story that won’t go away,” Duffy said in a CNBC interview. There are “mainstream companies” that want to access bitcoin and there is a “huge demand” from clients, he said. Duffy also thinks that bringing institutional traders to the market will make bitcoin less volatile.

Japanese village to use crypto currency to raise capital for municipal transformation

The village of Nishiawakura in Japan is researching the idea of ​​conducting an Initial Coin Offering (ICO) to raise capital for the revitalization of the municipality. This is a very new approach, and they can ask for national government support or ask for private investment. Many ICOs have serious problems, and many investors doubt that any new token has any value, especially if the ICO turns out to be another joke or scam. Bitcoin is definitely not a joke.

INITIAL SENTENCE – (ICO)

We didn’t mention ICO in the first edition of Crypto Trend, so let’s talk about it now. Unlike an Initial Public Offering (IPO), where a company has an actual product or service being sold and you want to buy shares in their company, an ICO can be held by anyone who wants to start one. new Blockchain project with the purpose of creating. a new sign in their chain. ICOs are unregulated and several have become total shams. A legitimate ICO can instead raise a lot of money to fund the new Blockchain project and network. It is common for an ICO to generate a high token price near the start and then sink back into reality soon after. Because an ICO is easy to maintain if you know the technology and have some money, there is a lot, and now we have about 800 tokens to play with. All of these tokens have a name, they are all crypto currency, and apart from the very well-known tokens, such as Bitcoin, Ethereum, and Litecoin, they are called alt-coins. At this time Crypto Trend does not recommend joining an ICO, as the risks are extremely high.

As we said in Issue 1, this market is the “wild west” right now, and we recommend caution. Other investors and early adopters have made huge profits in this market space; however, there are many who have lost much, or all. Governments consider regulations, because they want to know the nature of each transaction so they can tax them all. They all have huge debts and are tied up for money.

Currently, the crypto currency market avoids many government and conventional banking financial problems and pitfalls, and Blockchain technology has the potential to solve many problems.

A good feature of Bitcoin is that the creators choose a limited number of coins that can be produced – 21 million – thus ensuring that this crypto coin is never raised. Governments can print as much money (fiat currency) as they want and hoard their money until they die.

Future articles will examine specific recommendations, however, make no mistake, early investing in this sector is only for your most speculative capital, money you may lose.

CRYPTO TREND can be your guide when and when you are ready to invest in this market space.

Stay Tuned!

Bitcoin Buying Guide – Easy 3 -Step Guide to Buying Your First Bitcoin

Looking for a Bitcoin Buying Guide? Wondering where to start? People have a lot of misconceptions about bitcoin – the first known and accepted cryptocurrency in the world.

Many people think for example that only hackers and shadow people use it. However, bitcoin actually dominates everything from TigerDirect to Expedia.com to Dell and even Subway that accepts bitcoin payments today.

Why is it so popular?

Well, bitcoin has many benefits over other currencies. For example, you can send bitcoins to someone as payment without having to go through the bank’s middleman (and hit the extra fee). It is also faster than sending money via bank wire or transfer. You can send bitcoins to someone and they will receive the coins in seconds.

With all of this, it’s no surprise that many people are now trying to buy bitcoin for the first time. However, it’s not as easy as going to your bank and withdrawing bitcoins-or going to a store and digging up some hard earned money for bitcoin.

The system will operate somewhat differently than that. This Bitcoin Buying Guide will discuss a few things you need to know before you buy – so you can buy safely and securely.

First of all, while the price can be over $ 2000 us per coin, you don’t have to buy an entire bitcoin. Most places will allow you to buy shares of a bitcoin in the amount of $ 20. So you can start small and walk from there as you become more comfortable with the way things move.

Second, this article is for general purposes only and should not be considered financial advice. Bitcoin can be risky and before buying and any purchase you should consult your financial advisor to see if it is right for you.

So here are 3 quick steps to buying Bitcoins:

#1 Get a Bitcoin Wallet

The first thing to do before you buy your coins is to get a virtual wallet to store your coins. This wallet is a set of text that people can use to send you bitcoins.

There are several different types of wallets including those you download to your phone or computer, online wallets and even offline, cold storage wallets.

Most people want to get a wallet on their phone or computer. Popular wallets include Blockchain, Armory, Bitgo MyCelium and Xapo.

It’s usually as simple as downloading the wallet to your phone as an app or downloading software to your computer from the wallet’s main website.

#2 Deciding Where to Buy

There are several types of places to buy and each one is a little different. There are online merchants that will sell you bitcoins directly for cash (or bank wire or credit card).

There are exchanges where you can buy and sell bitcoins from others – similar to a stock market. There are also local exchanges that link you to sellers in your area who are looking to sell.

There are also ATMs where you can go to shop with cash and send your coins to your wallet in minutes.

Every bitcoin trader has their advantages and disadvantages. For example, ATMs are good for privacy, but they’ll charge you up to 20% above the current price, which is ridiculous. (At the BTC price of $ 2000, that’s $ 400! So you pay $ 2400 instead of $ 2000).

Wherever you decide to buy, remember to do your research and work with a reliable seller with a good reputation and strong customer service. First -time buyers especially have questions and may need additional support to help them with their first transaction.

Take your time and research different places to buy before you decide. Items to consider include coin prices, surcharges, payment methods and customer service.

#3 Buy Bitcoin and Transfer It to Your Wallet

Once you find a place to buy, prepare your funds (for example you can send a wire transfer or use your Visa to fund your account). Then wait for a good price. (Bitcoin prices fluctuate regularly 24 hours, 7 days a week). Then place your order when you are ready.

When your order is filled and you already have your coins, you want to have them sent to your wallet. Just enter your bitcoin address and ask the seller to send you your bitcoins. You should be able to see it visible in your wallet within minutes to an hour (depending on how fast the seller sends it).

Voila, you are now a bitcoin owner. You can now send coins to pay for other items and services, or hang them up for a rainy day.

One last thing to remember: bitcoin is still in its infancy. There are a lot of price fluctuations and money can be at risk. Don’t buy more bitcoins than you can afford to lose.