Bitcoin Info

The Top 10 Cryptocurrencies

(1) Bitcoin (BTC) (Mineable Coin) :

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.

(2) Ethereum (ETH)(Mineable Coin):

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.

(3) Bitcoin Cash (Mineable Coin):

Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash. It is a fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow it to grow and scale. Anyone who held Bitcoin at the time Bitcoin Cash was created became owners of Bitcoin Cash. This means that Bitcoin holders as of block 478558 (August 1st, 2017 about 13:16 UTC) have the same amount of Bitcoin Cash as they had Bitcoin at that time. If your Bitcoins are stored by a third party such as an exchange, then you must inquire with them about your Bitcoin Cash. Any transactions after the August 1st ledger split are completely separate between Bitcoin and Bitcoin Cash. This means any Bitcoin acquired after the split does not include any Bitcoin Cash, and any Bitcoin Cash does not include any Bitcoin.

(4) Ripple (XRP) (Coin):

Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally.

(5) Litecoin (LTC) (Mineable Coin):

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

(6) Iota (MIOTA) (Coin):

The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network. The importance of micropayments will increase in the rapidly developing IoT industry, and paying a fee that is larger than the amount of value being transferred is not logical. Furthermore, it is not easy to get rid of fees in the blockchain infrastructure since they serve as an incentive for the creators of blocks. This is what makes Iota so attractable.

(7) Dash (DASH) (Mineable Coin):

Dash aims to be the most user-friendly and scalable payments-focused cryptocurrency in the world. The Dash network features instant transaction confirmation, double spend protection, anonymity equal to that of physical cash, a self-governing, self-funding model driven by incentivized full nodes and a clear roadmap for on-chain scaling to up to 400MB blocks using custom-developed open source hardware. While Dash is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem, its two-tier network structure offers significant improvements in transaction speed, anonymity and governance.

(8) Bitcoin Gold (BTG) (Mineable Coin):

Bitcoin Gold is a fork of the Bitcoin blockchain. At block 491407, Bitcoin Gold miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency is born.

(9) Monero (XMR) (Mineable Coin):

Monero is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes. Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe. Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions. Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

(10) Nem (XEM) (Coin):

NEM is the world’s first Smart Asset blockchain. Built from the ground up for enterprise-grade performance, NEM’s blockchain technology delivers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more. NEM’S power is exposed through a straightforward and secure developer interface so that you can deploy your blockchain solution in record time. Whether you are building the next best mobile app or bringing blockchain into your existing business infrastructure, NEM makes blockchain work for you.

NEM’s Smart Asset system allows anyone to completely customize how they use the NEM blockchain, with a robust set of features including domain-like namespaces and full on-blockchain Multi-signature control. Any application can access these features through NEM’s simple API allowing easy integration within mobile apps, existing business infrastructure or contract logic. The NEM public blockchain provides an open and self-scaling platform for developers.

 

Source sited from coinmarketcap.com

 

Bitcoin Tips

How to Send and Recieve Money With Bitcoin

The bitcoin system is one of the first types of crypto-currency which has existed in the market since January 2009. What makes bitcoin different from regular currencies is the fact that bitcoin uses cryptography to monitor and control the creation and transfer of the currency between different parties. Bitcoins are generated over time at a diminishing rate, and the maximum amount of bitcoins in the market at one time is 21 million units. The usage of bitcoin eliminates the need of a third party when it comes to completing online transactions.

What makes bitcoin different from other online currency systems like Paypal is that the currency is decentralized. This means that no group or organization has a control over it. This is unlike real currency that is monitored by central authorities. Real currency is controlled in terms of the printing and distribution of coins and notes to the public. And compared to other online payment systems, there are little to zero charges to transfer bitcoins. Using bitcoins will be especially useful for businesses which carry out a majority of its transactions online.

To start using bitcoins, all you need is a bitcoin wallet. Since bitcoin is a virtual currency, you cannot hold it physically, unless you exchange it for goods and services. Your e-wallet is where your bitcoins are kept secure. E-wallets are convenient and easy to use. You can find many bitcoin wallet providers like My Wallet from blockchain.info.

Your bitcoin wallet can also be accessed via your smartphone. Having a smartphone will enable you to sell and buy bitcoins wherever you are. Apple blocks bitcoin wallets from its App Store. But if you are an Android user, many mobile apps are available for you to transact using bitcoins.

And if you feel that your bitcoin wallet is unsafe, you will want to have desktop clients to store actual bitcoins onto your laptop or PC. When you start a wallet, remember to save the file on the computer and back up the file. Make multiple backups if you feel insecure. Using bitcoins give users a sense of safety, as they are not relying on other parties like banks to take care of their funds. Most users will prefer to use the original software which has been around since the inception of bitcoins – the Satoshi Client.

After creating your wallet, you are on the way to selling and buying bitcoins. There are many ways that you can obtain this online currency. The methods include buying it from various sellers, receiving it in the form of product sales, doing actions and fulfilling conditions to obtain free bitcoins and also by mining bitcoins – only for advanced users. Bitcoin is a growing currency and will most definitely be one of the top items in the online world in the near future. For more information about bitcoins and bitcoin wallet, feel free to search the Internet for more information. With the usage of bitcoins, you will be able to earn extra income and you will have an additional way to receive and make virtual payments.

Be Sure to Keep Up With The Latest Bitcoin News

Bitcoin is a revolutionary solution and a great option for fiat currencies which have dominated the world for quite a lot of time now. However, the major issue with this crypto-currency is that it is volatile and its exchange rate fluctuates like any other currency, and for that reason it is essential for you to read the latest Bitcoin news to know the latest exchange rates.

If you have been keeping an eye on the news recently, you must have observed that there have been a lot of fluctuations in the prices. The prices went higher in the early part of the year and then went down a lot after a couple of months. Such a fluctuation in the prices is what you should be aware of to rule out any losses.

Most of the news on Bitcoin is being disseminated by online media which brings the latest happenings in the world, what are the governments’ reactions, what people and stakeholders in particular think about this crypto-currency, etc. The online news portals for Bitcoin are the one-stop source; however, make sure they have some credibility.

Bitcoin Exchange Rates for Informed Trading

Like Forex trading, Bitcoin trading too needs informed decisions on the part of traders, as without it they cannot earn a lot of money that they would otherwise. Nonetheless, it is always suggested that traders visit the online Bitcoin news portals and know the exact exchange rate before purchasing or selling the virtual currency.

Bitcoin News for Customers and Ordinary Users

Not everyone is into Bitcoin trading as a lot of the Bitcoin users are customers who wish to use the crypto-currency to buy products and goods from shops and outlets. Bitcoin news providers also publish news about the organizations, portals, outlets, etc. accepting Bitcoin in exchange. Such information helps customers use Bitcoin and not the traditional payment methods.

The online news portals bringing the latest Bitcoin news also analyze the fluctuating prices, what are the major indicators that are affecting the Bitcoin market, what will the future be of this virtual currency, etc. It is important for Bitcoin users to know what is happening to it; this can only be done reading the latest Bitcoin news, reviews, etc.

Bitcoin’s world is news; so many governments and countries have not yet decided how they should treat the crypto-currency. The most important aspect is that governments are worried about the use of the currency for contraband activities and tax avoidance, Bitcoin news brings info on the changing policies to help stakeholders.

Bitcoin Miracle Guide

More Info About Bitcoin

Trading Bitcoins at the Bitcoin Exchange

You can buy Bitcoin from a Bitcoin exchange; however, there are dozens of brokerage firms that are offering Bitcoin trading services and they even sell them to buyers. Thus, for traders who are looking to cash in the golden opportunity in the trading of digital currency, there are plenty of options. Nevertheless, buying Bitcoin from a safe and secure source is always better an option than buying from retailers who may fraud you.

According to traders the important factor that they need to keep in mind is to buy Bitcoins for anything like Bitcoin trading or for personal uses, they should always buy them from the source that is known for authentic services e.g. Bitcoin exchange, brokerage firm. Some top notch sources such as Bitcoin exchange, brokerage firms, retailers, etc. are offering Bitcoin at attractive costs; traders need to find the onethat brings the best offer.

Bitcoin Exchange Have Different Prices

One thing that comes to mind when buying Bitcoin from exchanges is that there are different prices for the same currency. Many customers are confused about this; however, each exchange has its own cut in it and maintenance charge. Thus, there are various reasons that these Bitcoin exchange keep different prices from one another.

Generally, CoinBase.com is one option for buyers who are looking for a Bitcoin exchange.

Some other options for traders include Bitcoin exchanges such as localbitcoins.com, BitStamp, BlockChain, etc. These have become reliable sources and provide better buying experiences on average for traders or buyers. However, after buying Bitcoins, buyers or traders need to search a brokerage firm that offers Bitcoin trading services if they wish to expand the earnings. Some people keep Bitcoin with them and sell when the prices are higher.

However, not all people buy Bitcoin for trading; rather, they keep them for shopping. Traders who are looking for Bitcoin trading may look for the brokerage firms that offer Bitcoin trading services. There is no lack of such brokers; for instance, you can trade Bitcoin with some brokers such as P AvaTrade, ZoomTrader, SetOption, etc. These brokerage firms offer attractive services for Bitcoin traders and help them get better returns trading Bitcoin anywhere in the world.

For Trading Cryptocurrencies (Bitcoin, Litecoin, Ripple, Etc.) use these sites:

 

https://litecoins101.com/Local Bitcoin Trade

https://litecoins101.com/Local Trading US

https://litecoins101.com/Coinbase Trade

Sign up at any of the above sites and receive a free Bitcoin (as pictured)

 

Sign up at any of the sites (Above) on this page and receive a free Bitcoin (as pictured) actual size shown These Bitcoins are real (Gold Plated) coins and have NO Bitcoin Value, to receive the Bitcoin sign up at one of the sites above, make one trade and send confirmation of trade by email to: [email protected] or use the Contact form on this site to confirm your purchase to receive your coin and you will receive the pictured Bitcoin (Bitcoin has no Bitcoin value).

 

Please allow 4 to 6 weeks for delivery after confirmation has been sent to receive your “Physical Bitcoin,” these Bitcoins have NO real BitCoin Value and can not be used to buy, sell, or trade Bitcoins. These Physical Bitcoins are hard to find, and usually can only be brought once you own bitcoins using your “BitCoin Wallet.”

Please send and email to: [email protected] or use the Contact form on this site to confirm your purchase to receive your coin.

Introduction to Bitcoins

Bitcoins are a digital currency created in 2001 by Satoshi Nakamoto. It is based on open source software and P2P networks with no central authority or issuers. The coins are saved on your computer in a wallet file or in a third party wallet. They can be exchanged between anyone with a Bitcoins address. The database of transactions is spread across a peer to peer network. They also use digital signatures to ensure they are only spent once and by the person who owns them.

They are created by a process known as Bitcoin mining. This is where you use CPU power on your computer in order to generate them. This also generates the encryption keys which keep bit coins secure. By generating the encryption you are rewarded with Bitcoins for your effort.

While the transactions are public the transactions themselves are psudeononymous. Many people who are concerned about privacy like to use Bitcoins for this reason.

They are bought and sold through exchange sites. There they can be exchanged into traditional currencies like the Dollar or Euro or for virtual world currencies like the Linden dollar.

Bitcoins have no central control so they cannot be controlled by any government or authority. There are also no chargebacks.

There is a limit to how many can be created. There can be 21 million Bitcoins in total. This is to avoid the currency from becoming worthless from overproduction like fiat money. Diminishing geometric expansion combined with the expansion of Bitcoins provides an incentive for early adopters.

There are some scenarios for failure that could happen to Bitcoins. These include a currency devaluation, a declining user base and a global government crackdown on the software and exchanges.

In order to get started to generate and trade Bitcoins you have to download and install what is called a Bitcoin client to your computer. This will give you the Bitcoin wallet and address. When people want to pay you give them your Bitcoin address and they send it to there.

If you want to make Bitcoins you are going to have to mine them. You do that by giving up your processing power to the Bitcoin network so it can encrypt transactions. You can create one block every ten minutes. Every block is 50 Bitcoins. You can use your computer to generate them when you are not using it or create mining rigs dedicated for that purpose.

Bitcoins are a true 21st century currency. If you want to see how currencies of the future will be like download the Bitcoin client and start mining and trading today.

Learn more about BitCoins from these sources:

https://litecoins101.com/Trade Secrets

Cryptocurrency Secrets Training Program

https://litecoins101.com/Coinbase Trade

Trade with Coin Base

https://litecoins101.com/Bitcoin Rush

Bitcoin Rush, Learn everything you need to know about Bitcoins

https://litecoins101.com/Investment Signals

Bitcoin Pro Signals, know when to buy and when to trade

https://litecoins101.com/Learn to Invest

Learn how to invest in Bitcoins

https://litecoins101.com/Get Started With Bitcoin

Get Started with Bitcoins

Where to Buy Bitcoins From Reliable Bitcoin Exchanges

There are so many Bitcoin exchanges and sources like Mt.Gox, Silk Road, BitPay, BitInstant, SatoshiDice, Butterfly Labs, Blockchain, Bitstamp, Coinabul, etc. you need to finalize on the one that is the most reliable. These are some leading names in the Bitcoin economy that have made their special place for their services to customers; however, it is your personal decision that should be dependent on your information and scrutiny.

Nonetheless, available for people who want to invest or trade in BTC, there are a few things you should know before you get started and want to buy Bitcoin. Additionally, transferring your money over to an exchange can be an arduous process at times; therefore, it will get easier in the future. However, for now, you need to select a Bitcoin exchange or brokerage firm that brings you Bitcoins without much hassle.

Bitcoin Exchanges and Bitcoin Brokerage Firms

Bitcoin may not be easily available as there are certain restrictions in the US and several other countries on the amount you can buy. Thus, if you are able to objectively evaluate a few things before deciding on one, it will be better for you. You may visit the websites that provide you easy process and user-friendly Bitcoin buying and selling. Here you can pay in your currency and buy Bitcoin.

You need to consider the liquidity that Bitcoin exchange has as Bitcoin is traded on a market where people are both looking to purchase or sell the currency, and it is important for you to know this. Additionally, it is liquidity that helps you understand about the genuineness of the Bitcoin exchange i.e. the more buyers and sellers there are the more liquidity that Bitcoin exchange has. Thus, look for a Bitcoin exchange that has a large number of customers.

For instance, you can also buy Bitcoin from Coinbase, a popular Bitcoin exchange that offers services for only US customers. Thus, if you are in the US, you can definitely benefit from this organization as it has several rich features e.g. it provides an easy process of Bitcoin buying which is quite important for first timers.


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