The concept of cryptocurrency was created in 1991. However, the first real implementation was done in 2008 by Nakamoto. The first question arises, what is cryptocurrency. Currency is a financial setup that is transferred between two parties. Initially, problems such as the double-error method arose, although the problem was later solved by concepts such as …
Monthly Archives: November 2022
The importance of cryptocurrencies as a medium of financial transactions
Today, the global economy is moving towards a fully digital ecosystem, so everything from money transfers to investments is going paperless. And cryptocurrency is the latest addition to the field of digital payments. Cryptocurrency is basically a medium of exchange like regular currencies like USD, but it is primarily designed to exchange digital information. And …
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Is It Time To Review Cryptocurrencies Holding?
At the time of writing, Bitcoin was approaching a new high of USD 20,000 per bitcoin. What has changed since the last time you reached that top? Crazy Covid The Covid19 situation has changed the way people do many things. Technology has entered the forefront of everyday life. Things that used to be done physically …
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Cryptocurrency for beginners
In the first days of its launch in 2009, several thousand bitcoins were used to buy a pizza. Since then, the cryptocurrency’s meteoric rise to $65,000 in April 2021, after a nearly 70 percent drop to around $6,000 in mid-2018, has been blowing the minds of many people: crypto-currency investors, traders, or just plain curious. …
Surviving Beyond the FOMO – How to pick a winning ICO project for long-term value
In a world driven by hype and FOMO [Fear Of Missing Out]It’s becoming clearer every day that a serious crypto enthusiast needs to make a case for choosing a token to help them capture money in a world where real viable projects are hard to find and good projects with long-term prospects are even harder. …
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Bitcoin: All there is to it?
If you spent $27 on Bitcoin when Satoshi Nakamoto created it in 2009 your investment would be worth over $37,000,000. Considered to be the greatest investment vehicle of all time, Bitcoin has seen a meteoric rise throughout 2017 going from $777 to $17,000. Making millionaires out of opportunistic investors and leaving financial institutions speechless, Bitcoin …
Fed Rate Cuts – Will They Help Stocks?
Last month, the Fed took the drastic step of cutting rates in half, for a total of 125 basis points. And with a 225 basis point drop since last fall, what does that say about the stock’s return? Let’s look at the historical data. Since 1950, the Fed has cut more than 200 basis points …
Cryptocurrency: Fintech Disruptor
Blockchains, sidechains, mining – clandestine cryptocurrency terminologies keep piling up by the minute. While introducing new financial terms in a complicated financial world may seem counterintuitive, cryptocurrencies offer a vital solution to one of the biggest obstacles in today’s money market: the security of transactions in the digital world. Cryptocurrency is a defining and disruptive …
The "The experts" All cryptos are doing badly
Bitcoin hit a high of nearly $20,000 about a month ago, on December 17th. As I write, the cryptocurrency is below $11,000…a loss of about 45%. It’s more than that 150,000 billion dollars lost market cap. Cue lots of hand-wringing and gnashing of teeth in the crypto commentary. It’s neck and neck, but I think …
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Things you need to know about Bitcoin Black
What is Bitcoin Black? Bitcoin Black is essentially a cryptocurrency of the people, by the people for the people. It will be approved for use as a peer 2 peer payment system that returns power to the people. If we talk about Bitcoin, Bitcoin has failed in that, the real value comes from the real …
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