Greetings to you all, dear forum users!
So, you are interested in e-currency trading, is that so? Well, your interest is very understandable indeed. This form of investment opportunity has really taken off lately. More and more shrewd operators are flocking to the market sector. They are...
Blockchain is not a financial pyramid.
To see this, one should understand what a financial pyramid (also called an investment pyramid) is. This is a system for receiving profit via constantly attracting money from new participants. That means the profit of the first participants is paid at the...
Blockchain and bitcoin based on it, as any new revolutionary technology, have their drawbacks. The mechanism of ‘proof-of-work’ consensus uses enormous volumes of electricity, cryptocurrency is used for speculations and sometimes in illegal activities.
But to say that because of that the...
How Safe are Bitcoin Paper Wallets?
A bitcoin paper wallet is a public and private key printed on paper or a piece of plastic. It is an offline wallet and is referred to as a type of “cold storage”. This means that it is an extra-secure storage that is not connected to the Internet which can be...
Did you know that only one third of mined bitcoins participate in the turnover? The rest of bitcoins do not move among the wallets.
Of course, this can partially be blamed on hodlers, but it is highly likely that the access to inactive wallets was simply lost or the coins were forgotten by...
During the weekend our Chief Analyst decided to calculate how much on average a person could have earned on bitcoin for the last 5,5 years.
Of course, the received data cannot be absolutely accurate — otherwise we would have needed to get an access to all transactions of exchanging, appearance...
From the date of its creation in 2009, Bitcoin is an open-source project. But despite all its openness, up to date no one knows, who is the person behind the creation of Bitcoin and who is Satoshi Nakamoto?
Let’s elaborate on what is known so far. The first step was taken in 2007 with the...
Today we carry on with our crash course for beginners in the cryptocurrency market. We will tell about technology that underlies almost every cryptocurrency and about the features of this technology.
Blockchain technology differs from a traditional data base by the principle of organizing...
Back in February, the Shift Card service, which used to issue debit Visa cards with a possibility of using cryptocurrencies, announced their closure.
But the service was succeeded by one of the largest cryptocurrency exchanges Coinbase. The representatives of the exchange announced launching...
What did people use for trading before money was invented? Find out how the first coins were created, why paper money was first introduced and all the discoveries and social changes that led to our current monetary system.
Before money people used bartered goods as payment; for example, animal...
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All of us heard many times that cryptocurrencies are only good for trading in the darknet and for laundering money. We sometimes even get requests from journalists to give comments on such questions about illegal deals with cryptocurrencies.
But let’s sort out, can bitcoin be really used for...