Tag Archives: currency

Bitcoin Digital Currency – How Does It Work?

For a few months now those wishing to purchase Casascius physical bitcoins using a credit card or PayPal have been served thanks to the online vendor Memory Dealers. The operator of Memory Dealers, Roger Ver (@RogerVer) announced however that PayPal is yet again in the process of putting a stop to the use of PayPal for purchasing bitcoins.

Memory Dealers will continue selling bitcoins until PayPal takes action, apparently. This means those wishing to buy have just a short while to get their orders in. Casascius products available through Memory Dealers include the 1.0 BTC Casascius physical bitcoin (both v1 and v2), the 10.0 BTC Casascius silver bitcoin (1 Troy Ounce .999 Silver Round), and more pricey offerings as well.

Casascius also sells all of the coins directly however when purchasing from their site bitcoins themselves are the only method of payment allowed.

Though bitcoin is a digital currency normally intended for online use, bitcoins can be made to have a physical form as well though each implementation has advantages and disadvantages. BitBills were the first physical bitcoin introduced in early 2011 and months later Casascius introduced their physical coins. PrintCoins.com have also been selling a paper-based physical bitcoin product as well. All three methods use a hologram to keep protected the private key, though the customer must trust that the issuer is honest and has a secure method for manufacturing.

Bitcoins are easy to use ,and now you can buy them in under an hour.Just fill out a cash deposit order ,drive to any branch of one of the big banks and deposit cash with the account details Quickco.in provide to you .

Then bitcoins arrive in you’r email inbox and you can do whatever you want with them.

  • No bank account needed
  • No exchange account needed
  • No bitcoin account needed

Bitcoin is global.

Bitcoins can be transferred to and from anywhere with internet like email. There are peer to peer nodes that support the bitcoin system all across the world. When someone sends bitcoins, they are visible to the reciever instantly, and can be spent within about 15 minutes.

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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.

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