bitcoin
Behold the Bitcoin, the original cryptocurrency; whether you're a skeptic or a bitcoin believer, get the lowdown on this controversial coin.
Cryptocurrency Investing Tips That Will Help You Trade
Being a Bitcoin billionaire is a dream that is achieved by very few—but desired by many. Most of us missed the Bitcoin gravy boat, but that doesn't mean that you have to assume that there's no longer an opportunity for profit. If you know how to handle your crypto well, you can make a huge profit and even set yourself for life.
By Ossiana Tepfenhart6 years ago in The Chain
Beginner's Guide to Creating Your Own Cryptocurrency
The Bitcoin boom has come and gone. Most of us have not gotten on that train quite yet, or if we have, have not been able to make the most money we could have made. If only we could have gotten in on the ground up, right?
By Rowan Marley6 years ago in The Chain
What Is the Future of Cryptocurrency?
For centuries, money was a straightforward concept. There was money that was guaranteed by a state or government. For most of human history, money was backed by gold—or just plain made out of the stuff. This was a status quo that seemed immutable for ages.
By Iggy Paulsen6 years ago in The Chain
Everything You Should Know About Cryptos Before You Begin Investing
The cryptocurrency circuit is one of the most popular trends in investing today. It's one that's known for heralding the introduction of the Initial Coin Offering, and for having one of the first currencies to top a value of $20,000 USD per unit.
By Cato Conroy6 years ago in The Chain
Bitcoin Accessories Every Crypto Holder Needs
With the popularity boom that Bitcoin has experienced, people are finding brand new ways to incorporate blockchain technology into a bunch of different industries, and some of them are nailing it already. Bitcoin itself has turned into its own industry, with companies and individuals coming up with tons of different ways to capitalize on its success.
By Skunk Uzeki6 years ago in The Chain
Best Bitcoin Alternatives in 2018
Bitcoin has become one of the biggest online investment sensations ever created—even if it's one of the most dangerous investments you can make. Even if you don't fully understand what blockchain technology is all about, you can appreciate the fact that Bitcoin soared in value almost tenfold within the span of a year.
By Iggy Paulsen6 years ago in The Chain
Reasons You Should Set Up a Coinbase Account Right Now
Coinbase is one of the largest cryptocurrency trading platforms in the world, and currently is a decentralized currency central. (See what we did there?) Saying it's famous is an understatement; it's the biggest cryptocurrency hub in the world.
By Ossiana Tepfenhart6 years ago in The Chain
What Is a 51% Attack Against the Bitcoin Network?
Blockchain technology is one of the best weapons against a slew of black hat hacker attacks. Blockchain can fight against DDoS attacks effortlessly, and also prevents alterations to the digital ledger that turns it into such excellent record keeping tech.
By Iggy Paulsen6 years ago in The Chain
Best Bitcoin Apps That Every Crypto Lover Should Download
Ah, Bitcoin. You are the cryptocurrency that has become almost synonymous with blockchain technology, the main driver in the massive cryptocurrency boom, and the inspiration for hundreds of other alternative coins currently on the market.
By Iggy Paulsen6 years ago in The Chain
How to Spot a Bitcoin Scam
With tax season among us, there are a lot of scams out there to lure unsuspecting victims into unknowingly handing over thousands of dollars to criminals. Bitcoin has become the easiest and newest way to scam individuals out of thousands of dollars. Here is what you need to know on how these scams work so you can protect yourself. Bitcoin has become one of the most popular and effective ways for thieves to con their victims and get away with it due to the fact that Bitcoin is a crypto-currency, which is impossible to trace because it operates through a complex series of blockchains on the internet. Once you complete a transaction through a Bitcoin ATM machine, your money is essentially gone unless you have access to the blockchain key. Your money is essentially gone because unlike wire transfers, Bitcoin transactions cannot be traced. If you get a call from someone claiming to be from Canada Revenue or the IRS and they insist that you owe thousands of dollars in "back taxes" and are pressuring you to pay the balance owing via Bitcoin, this is a clear indication that someone is attempting to scam you out of thousands of dollars. Keep in mind that because Bitcoin is not a regulated currency, the IRS in the United States and Canada Revenue will never accept Bitcoin as payment for "back taxes owed." EVER. If you find yourself in the midst of a Bitcoin scam, hang up and alert your local authorities. Intimidation is one of the key elements of what makes these scams so successful. Thieves will say things like, if you fail to pay the balance owing on your taxes, they will come to your house and arrest you, confiscate your passport etc. Bear in mind, that Canada Revenue or the IRS will never threaten to show up on your doorstep to demand payment. If you do owe money in unpaid taxes, Canada Revenue or the IRS will send a letter to you in the mail of an outline of what, if anything, is owed. They never make house calls. For them to do this would be a direct violation of your civil rights. If you owed thousands of dollars in unpaid credit card debt, it may go to a collection agency if you are not able to settle the outstanding debt. Collection agencies do not conduct house calls either. Again, this would be in direct violation of your civil rights. If you owe thousands of dollars in credit card debt, wouldn't you be suspicious if the person pretending to be from a collection agency, asked you to make a payment via Bitcoin? Bitcoin is not accepted as a legitimate form of currency because it is not regulated by any bank and therefore cannot be traced. See where I'm going with this? A credit card cannot payment cannot be made via Bitcoin because credit card companies are regulated by banks and can be traced by banks around the world. If you get a phone call from Canada Revenue or the IRS demanding that you pay via Bitcoin in "back taxes," try to jot the number down and alert your local authorities. This way, the authorities can make a possible trace as to where the call initially came from. The authorities can have a better chance of apprehending these criminals by catching them in the act and hopefully, bring them to justice. During tax season and all year round, always remain vigilant by never giving out thing like bank information, passwords among other personal information over the phone. If you do use credit cards to make purchases over the phone or online, be sure to check bank account and credit card statements on a regular basis. This way, if you do notice any suspicious activity, you can report it sooner than later. This will save you a lot of grief and money in the long run.
By Janelle Ouellet6 years ago in The Chain
Bitcoin & the Banks
Over the last few weeks Jamie Dimon, Chief Executive of J.P. Morgan, has been leading the charge against bitcoin and other cryptocurrencies. Given that J.P Morgan had revenues of over 90 billion dollars last year, it at first seemed odd to me that Dimon would be so vocal in his opposition. Yet he has repeatedly gone out of his way over the past few months to trash bitcoin, even going so far as saying it should be banned. Dimon is no fool. He knows bitcoin has the potential to upend the banking industry. This is precisely why he is trying to kill it before it gets even close.
By Steven Clark6 years ago in The Chain