Cryptocurrencies are once again grabbing the spotlight with Bitcoin leading the price recovery back to its ATH levels. The bull market is fueled by institutions that buy Bitcoin with their cash reserves in order to protect their wealth and escape the claws of inflation.
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Ethereum’s cryptocurrency, Ether (ETH), works just like any other crypto. In order to trade it for other crypto and fiat currencies and use it to purchase things, you should have a proper wallet where you can keep your cryptos. If you’ve used e-wallets such as PayPal, then you’re familiar with how these things work. Still, there are a couple of
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2 problems with Bitcoin affected trading this past week. The first problem is scalability and the second is accessibility. Those problems made competitors appear more attractive. The first problem: Bitcoin scalability The problem with scale was supposed to be solved by the introduction of SegWit2X. Over the last few years, more Bitcoin users have flooded the network, and this means
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So What is Bitcoin Anyways? Bitcoin is the the world’s most popular cryptocurrency. Cryptocurrency is a form of money that relies on cryptography and computer technology to secure its payments and usually the currency’s generation, maintenance and control is not controlled by a central authority as opposed to the “money” we see everywhere. How is Bitcoin Controlled and Recorded? Bitcoin
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Introduction to Bitcoin I read an article recently from 2013. CNN Money reported “… A British man threw a hard drive containing more than $9 million in bitcoin into the trash. The device is now buried under a mountain of garbage at a landfill site in Wales. It will be almost impossible to find. James Howells got rid of the
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