Author Archives: Webguy

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 […]

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What is Market Capitalization?

What is “Market Capitalization” and how is it calculated? Market Capitalization is one way to rank the relative size of a cryptocurrency. It’s calculated by multiplying the Price by the Circulating Supply. Market Cap = Price X Circulating Supply. How are the prices calculated for the various cryptocurrencies? Price is calculated by taking the volume weighted average of all prices reported at each market. Sources for the prices can be found on the markets section on each cryptocurrency page. For example, Bitcoin’s markets. What is the difference […]

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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 […]

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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 […]

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New Bitcoin ATMs In Asia

A new step for Bitcoins, a Bitcoin ATM is coming out and this time in Asia. This new ATM will be based on Hong Kong. more specifically Mongkok area, and according to the operators it will be functional by the March-April time period. The adapters of this new Bitcoin ATM concept announced they will be offering the best Bitcoin price through a partnership with Bitcashout.com an established exchange. The ATM will provide a comfortable user-end, fast transactions, and security to provide the most customer-friendly service. This new […]

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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 […]

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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 […]

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Easy Payments Using Bitcoins

Bitcoin is a new and innovative digital currency that can be accessible online, regardless of where you are. The bitcoin system is based on crypto-currency and it is acceptable all around the globe. Bitcoin works using a peer-to-peer (p2p) technology and operates without the need of a central authority or a oversight body. Bitcoin is a valuable form of virtual currency, as there is only a maximum of 21 million units in the market at a certain time. Besides that, new bitcoins are generated at a diminishing […]

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