Sithum Chathumina
Bio
I am an experienced cryptocurrency trader and I am an expert in trading
Stories (230/0)
Crypto crash market volatility is testing investor will but crypto-enthusiasts still see a future for the asset class
Bitcoin, the first digital currency, stays a bellwether for the area. It hit a record-breaking high of more than US$68,000 (£55,600) in November 2021, when the general worth of the digital money market was near US$3 trillion. In the months since, in any case, most significant cryptographic forms of money have fallen by over 70% and bitcoin itself has dipped under US$18,000.
By Sithum Chathumina2 years ago in The Chain
Bitcoin Greenpeace says a code change could slash cryptocurrency energy use
Increasingly few individuals are utilizing bitcoin for computerized installments. In any case, bitcoin exchanges are consuming more energy than any other time in recent memory - a similar sum as the entire of Thailand. With a carbon impression identical to the Czech Republic's (around 114 million tons each year), bitcoin is counteracting other environmental wins.
By Sithum Chathumina2 years ago in The Chain
Beyond just cryptocurrencies, digital money has changed how we live
In straightforward terms, advanced cash can be characterized as a type of money that utilizes PC organizations to make installments. Short-of-breath media inclusion represents things to come capability of digital currencies, for example, Bitcoin has brought in computerized cash a hotly debated issue.
By Sithum Chathumina2 years ago in The Chain
Behind the crypto, the hype is an ideology of social change
Promotions for blockchain, NFTs, and digital currencies like Bitcoin appear to be all over the place. Crypto innovations are being advanced as a swap for banks; a better approach to purchase craftsmanship; the following enormous speculation opportunity, and a fundamental piece of the metaverse.
By Sithum Chathumina2 years ago in The Chain
WHY IS BITCOIN REVOLUTIONARY AND IS BITCOIN A SAFE INVESTMENT?
Bitcoin innovation works with a trustless monetary framework where borderless monetary exchanges can be concluded without middle people. While customary banking and installment frameworks intensely depend on trust, Bitcoin offers an exit from this framework with no outsider to determine the twofold spending issue and keep up with properties like restriction obstruction, permanence, and decentralization.
By Sithum Chathumina2 years ago in Trader
WHAT IS BITCOIN USED FOR
WHAT IS BITCOIN Involved FOR? Bitcoin's imaginative innovation offers valuable utility to each member, from people to organizations. Quick and simple, portable, worldwide installments can be performed through a straightforward output and pay strategy without requiring a difficult check process like know-your-client (KYC) manages regularly require. A buyer will show a QR code while the collector just has to examine it for the exchange to be handled and checked.
By Sithum Chathumina2 years ago in Trader
IS BITCOIN A GOOD INVESTMENT?
It is feasible to get ridiculously wealthy by putting resources into digital currency - - however, it is additionally truly conceivable that you lose the entirety of your cash. Putting resources into crypto resources is hazardous, however, can be wise speculation on the off chance that you do it appropriately and as a component of a broadened portfolio.
By Sithum Chathumina2 years ago in Trader
CAN BITCOIN BE CONVERTED INTO CASH?
While cryptographic money is another market, it's very unstable in light of the fleeting speculative premium. The cost of bitcoin dropped to $5851 from $19,378 in 2018, in only one year. In any case, the worth of other computerized monetary forms is very steady, which is uplifting news.
By Sithum Chathumina2 years ago in Trader
WHAT IS BITCOIN AND HOW DOES BITCOIN WORK
Bitcoin is a creative innovation that presents another money-related framework, in light of a shared organization of clients' hubs (PCs) without any middle people like national banks or any kind of monetary establishment.
By Sithum Chathumina2 years ago in Trader
How Blockchain Can Re-Invent the Global Supply Chain
After it arose in 2008, the innovation behind the world's most famous digital currency, Bitcoin, held court on the edges, standing out generally from new businesses and the monetary administration area. Notwithstanding, it has as of late begun to get a great deal of consideration as organizations continuously acknowledge it very well may be important for the overwhelming majority of different things other than following installments.
By Sithum Chathumina2 years ago in The Chain
The Basics of Cryptocurrency and the Way It Works
What makes this world so energizing is the unpredictability of the worth of digital money. The cost developments offer a ton of chances for dealers. Notwithstanding, this accompanies a ton of dangers too. Subsequently, on the off chance that you settle on investigating the market, simply ensure you do all necessary investigation and set up a gamble on the executive's system.
By Sithum Chathumina2 years ago in Trader