Author: CRYPTO WORLD

If you are about to explore Bitcoin, there are a few things you should know. Bitcoin lets you exchange money in a different way than with usual banks. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases! Securing your wallet Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows…

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Bitcoin Exchanges – Places to buy bitcoin in exchange for other currencies. Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. WARNING: Using cryptocurrency exchange is not like using usual trade exchange, volatility can be extremely high during each trading day ! International Bisq Bitstamp Bitwage Kraken Local Bitcoins Europe AnyCoin Direct Bitcoin.de BitPanda BL3P Paymium The Rock Trading Argentina SatoshiTango Australia Bitcoin Australia CoinJar…

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Bitcoin is a currency. I often hear and read opinions that it is merely a commodity which might be used as a means of payment since it does not meet some parameters which define the currency. Plus ça change… (i.e. “the more it changes, the more it’s the same thing”). The textbooks of biology are being re-written, theoretical physics constantly brings new interpretations of how does the universe look like and how does it work, … It is time to realize that no system is permanent (not even the financial…

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Tulipmania gripped the Netherlands in the 1600s as the price of tulip bulbs skyrocketed. Bitcoin has been compared to tulipmania. When the tulip bubble collapsed, much of the Dutch economy was unaffected, which is likely the case if bitcoin ever collapses, according to Capital Economics. Tulipmania is a famous period in the 1600s when the Netherlands was enraptured by tulip bulbs, sending their prices sky high before collapsing in a spectacular fashion. Recently, people have been comparing bitcoin to that period in history because of the cryptocurrency’s meteoric rise, and…

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Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges. The primary theory about the astonishing rally being put forward by investors on social media is…

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ICOs have opened to the general public investments in blockchain ventures. In the third quarter of 2017 alone, ICOs raised more than $1.3 billion for crypto ventures — approximately five times more than funding raised through venture capital in the blockchain space. There were more than 200 ICOs in 2017, and conducting due diligence on all of them would be extremely time-consuming, even for a knowledgeable analyst, let alone an amateur investor. This is compounded by the fact that blockchain is still considered to be an early-stage technology, with new…

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Hackers emptied the entire contents of a digital wallet belonging to NiceHash, a cryptocurrency company. NiceHash didn’t say how much was stolen, but customers speculate that it could total around $63 million in bitcoin. Many of the funds belonged to the company’s customers, who use the site to exchange their computer processing power for cryptocurrency. The contents of a digital wallet belonging to cryptocurrency company NiceHash, which included potentially millions of dollars worth of customers’ bitcoin, was stolen in a major security breach early Wednesday. The hack affected NiceHash’s payment…

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Popular software wallets Parity for handling of Ethereum cryptocurrency stopped working on 6 November. Smart contract containing library that defined functioning of the wallets was accidentally killed and wallets‘ owners therefore lost ability to send their ETH tokens. More than 500.000 ETH, or 150 million USD, is now frozen on the defunct Parity wallets. Affected are all multi-signature Parity wallets created after 20 July 2017, when contract on Ethereum blockchain containing the library was updated in answer to previously discovered security bug through which tokens of more than 30 million…

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