Behold the Bitcoin, the original cryptocurrency; whether you're a skeptic or a bitcoin believer, get the lowdown on this controversial coin.
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.
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.
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.
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.
Here's Why the Bitcoin Market Is Today's Netflix and Why You Should Start Building It Right Now
You might have some doubts about Bitcoin and cryptocurrency as a whole, but take note of this important and profound fact: At one time, BLOCKBUSTER was big in DVDs, games, and media.Pierre Roustan, Author of THE CAIN LETTERS and SCARY HORROR STUFF!
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.
How To Make Money Off Bitcoin Without Actually Owning It
Cryptocurrency is hotter than ever, and Bitcoin remains the gold standard among electronic, decentralized currency out there. Everyone wants to know how to make money off Bitcoin, but the truth is that it often seems to boil down to buying Bitcoin.
What Is BitPay?
There is so much to know about cryptology and cryptocurrencies that all the info and contexts can get all get bogged down in a number of confusing, big words. Simply put, BitPay is nothing more than a global bitcoin payment service provider that utilizes bitcoins in the exchange processes for merchants, bridging the real world of commercial goods with the digital reality of cryptocurrencies. In that case, you should probably know the brand name business that accept bitcoin before you sign up for BitPay.
Is Bitcoin Contributing to Global Warming?
Let's say you've made millions thanks to cryptocurrency. You know that humanity has 32 years left to offset the amount of carbon dioxide it's put into the atmosphere. After that there's no going back. At the same time, you know that cryptocurrency has given you more power than the average person. So what can you do? You toss and turn at night, asking yourself, "Is Bitcoin contributing to global warming?" But you already know the answer before you even ask the question.
5 Cities That Let You Buy Real Estate with Bitcoin
Bitcoin is a type of cryptocurrency and it’s also a worldwide payment system. While it’s the first decentralized digital currency, it’s the most popular cryptocurrency up to date. You can use Bitcoins to regulate the generation of unites of currency as well as verify the transfer funds and operating solo of a central bank. Since it's already a global phenomenon, you can actually buy real estate with Bitcoins.
With the recent cryptocurrency boom still prevalent, many of us have wondered what it would have taken to become a millionaire. Sure, for some of us, this number was actually reachable. We just never thought BTC would have taken off like it did. For others, we didn’t know what cryptocurrency was until it was too late. Regardless, the secret is now out. Is there still a chance to make millions on cryptocurrency? Anything is possible with the right tools, mindset, and strategy. Here are the top five cryptos and what you would have needed to buy in order to become a millionaire.
Pedophiles Break the Bank!
At the start of development, cryptocurrency has been highly misunderstood. In the beginning, many believed it to be a decentralized bank with untraceable transactions.