This website was created as a way to inform people about the best cryptocurrency exchanges and to teach about cryptocurrencies.
I’ve been involved in the crypto world for many years, and I started getting interested in it back when Bitcoin was only $10.
I had the chance to buy a lot of Bitcoins at that time, but I didn’t know what they were, so I missed it. I still kick myself over that mistake.
A few years later I heard about another cryptocurrency called Ethereum and I actually bought some. Since then I’ve also invested in other altcoins such as Litecoin, Ripple, Dash and Monero.
I’m also a big fan of decentralized exchanges and have used EtherDelta and IDEX quite a lot over the past year. There is a new exchange called AirSwap (ICO ended on October 10th) that is supposed to be launching soon which looks really promising.
I will be updating this blog regularly with news articles related to cryptocurrencies as well as reviews of different exchanges and currencies.
The world of cryptocurrency is one of the exciting and fast-growing industries. As more and more people, companies, and governments are becoming aware of the existence of digital currencies, we are witnessing a dramatic increase in the value and popularity of crypto coins.
The most popular cryptocurrency, Bitcoin, has gained over 20% in the last two weeks. But Bitcoin is not the only currency that you can buy or trade. There are plenty of other altcoins that can offer excellent returns on your investment. And this is exactly why investors need to become aware of other cryptocurrencies.
So what is an altcoin? An altcoin refers to all cryptocurrencies except for Bitcoin. It’s a combination of two words: “alt” (alternative) and “coin” (abbreviation for cryptocurrency). These alternative cryptocurrencies aim to provide solutions to some of the issues that affect Bitcoin such as speed and transaction costs.
There are over 700 altcoins out there today and they are gaining traction fast. The five largest coins by market cap after Bitcoin – Ethereum, Ripple, Litecoin, Dash, and Monero – have all seen their values rise in recent months. They each have their own strengths and weaknesses depending on how you plan to use them so it’s worth doing some research before you invest
This Bitcoin blog is designed to give you the best in crypto news and information on the web. Our goal is to provide you with the most current and up-to-date information available. We are committed to giving you the best, most updated information on cryptocurrency and bitcoin as possible.
What are Cryptocurrencies?
Cryptocurrencies are digital currencies that use cryptography for security, making it difficult to counterfeit. Bitcoin was created in 2009 by Satoshi Nakamoto (pseudonym). Other cryptocurrencies have since emerged including: Litecoin, Namecoin, PPCoin, Ripple and so many more. These digital currencies make transactions easy and secure and can be used to buy merchandise anonymously. With many companies accepting the change and others getting ready to, bitcoins are an extremely fast-spreading currency. Small businesses aren’t missing out on the action; many small shops have made the switch as well.
Q: Why do people want/use them? What are they for?
A: People want them for quick payments without huge transaction fees. They are “an Internet of Money” – a distributed worldwide decentralized digital money unlike any government or bank control. Transactions take place between users directly through the use of cryptography, without an intermediary. These transactions are verified by network nodes
The most popular cryptocurrency is Bitcoin, whose price is regularly tracked in the major business news outlets. But this isn’t the only digital currency out there.
In fact, the overwhelming number of cryptocurrencies can make it hard to keep track of which ones have performed well over the last year.
However, we’ve put together a list of the top performing cryptocurrencies for 2017 that you might want to consider investing in if you’re looking to jump into cryptocurrency investing.(Note: These are not investment recommendations. Investing in any asset class involves risk, and you should never invest more than you can afford to lose.)
Best Cryptocurrency to invest in 2018
Bitcoin is the oldest and most popular digital currency in the market. It was created in 2009 by Satoshi Nakamoto, but the developer’s true identity has never been verified. Bitcoin transactions are recorded on a public ledger called the blockchain and each payment is verified by a massive amount of computing power. Bitcoins are not issued like traditional currency, they are digital and “mined” by powerful servers over time. It was designed to have a fixed supply of 21 million coins.
The value of bitcoins fluctuates constantly and the underlying value of bitcoin is based largely on faith. It’s important to know that there is always some risk attached because it’s still an experimental system.
However, Bitcoin has proven itself to be highly resistant to attack, providing excellent security for its users and their funds with minimal costs. In addition, Bitcoin has a history of strong price stability and its volatility is usually lower than other major currencies. It’s important to remember that the value of Bitcoin can change quickly so it’s always advisable to check on its current value before buying any bitcoins.
Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. It follows the ideas set out in a whitepaper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified.
Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account.
Bitcoin is the first cryptocurrency, a concept that was discussed in the late 90s. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list. The concept was presented by a person or group known as Satoshi Nakamoto. The real identity of Satoshi Nakamoto has been a mystery since that time, with various theories on who the individual or group may be.
In 2014, researchers at the University of Kentucky found “robust evidence that computer programming enthusiasts and illegal activity drive interest in bitcoin, and find limited or no support for political and investment motives.”
I’ve previously written about how I think Bitcoin and the other cryptocurrencies are going to be the biggest bubble of our lifetime. That doesn’t mean it’s not worth investing in. In fact, the returns of some cryptocurrencies have been remarkable, even for those who got in at much higher prices than today.
The reality is that we’re still very early in this market, and there’s a good chance we’ll see many more bubbles (and crashes) in future. So if you’re thinking about buying some Bitcoin or another cryptocurrency, don’t treat it as a long-term investment – treat it as a short-term speculative play.
Of course, if you do decide to get into Bitcoin or another cryptocurrency, you should remember that they’re extremely volatile assets. That means they can go up or down by 10% or more in a single day, so you need to be careful with your money – don’t invest more than you can afford to lose.