Cryptocurrency Global Wealth


 THE FASTEST WAY TO EARN & LEARN ABOUT CRYPTO FREE

Y O U R D I G I T A L D N A      2015      

 


COINMARKET CAP

TIP: Bitcoin is now in record gains, so what does this mean? It means you now have the chance to benefit off Altcoins that now exceed over one billion dollars in Market Capital. Here are the Cryptocurrencies to add to your wealth portfolio. 
1. Ethereum           5. Bitcoin Gold
2. Ripple                 6. Dash
3. Litecoin               8. Cardano
4. Bitcoin Cash       9. IOTA

"BITCOIN CORE WILL ALWAYS BE NUMBER ONE OF THE CRYPTO SPACE PERIOD"
                              
   Keep an eye out for Monero and Zcash
           

BASIC KNOWLEDGE

Bitcoin is a new type of electronic currency which occurs just like the digital numbers you see in your bank balance. However bitcoin can’t be redeemed as bitcoin cash rather it can be traded for currencies like USD, EURO, POUNDS or any other fiat currencies (Paper Money) etc.

Just like we can trade gold and silver. Although we can’t redeem it for physical bitcoin cash but we can print it as paper coin which in future can be converted into digital bitcoin again.

Bitcoin is known as one of the first cryptocurrency.Bitcoins are fixed on a public ledger, the “Blockchain”. Anyone can check ownership by checking this ledger.
This makes it difficult to commit fraud:
You can’t spend someone else's bitcoin, because everyone knows who owns them (from the ledger.)
You can’t spend the same coin twice because the network keeps the ledger up to date and there’s only one ledger. If you did try to spend it twice, everyone would know.

How does it Work?
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. This activity is called mining and is rewarded by transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins for an optional transaction fee.
How can we get some Bitcoin?
To get a higher amount of bitcoin you have to buy it with trading. Local bitcoins is one of the major sites where you can buy bitcoin directly from your local currency where exactly we have to crawl through the offers to see offers accepting local currency. Some other trading sites are btc-e.com, coinbase.com etc.
How to get Started?
As like other digital currency you also need to create an account to receive and send bitcoin. You can get your own bitcoin address from blockchain.info or from coinbase.com . Bitcoin address does not look like email or id it is a long combination of number and words like 1Dh6DMABkc6iPoCrScuzhmH3EW8bjqzY86.
What is the value of Bitcoin?
The value of bitcoin is high with respect to trading. It is the most fluctuating electronic currency which is beneficial in terms of trading. Its value depends on demand and availability. Its value has jumped from 0.10$ to 1000$ in past. As of today, its value is 229$ which was 249$ a week before that’s why we consider it as most fluctuating currency.

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