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When cryptocurrency started to gain momentum not too long ago, the curiosity surrounding Initial Coin Offerings (ICOs) also thickened. ICOs have been a fertile ground not only for start-up businesses to thrive but also for buyers to invest in audacious yet promising projects. Before you start thinking about taking part in an ICO, it is important for you to first be familiarised with what it is and how it works. What is an ICO? An initial Coin Offering is a...
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Getting to Know Litecoin In recent years, cryptocurrency has become nothing short of a global phenomenon. The advantages of a decentralised network where people can securely transact in just a few seconds have appealed to investors all over the world, and merchants have flocked and started to adopt this technology. The magic of cryptocurrency paved the way for more people to create more altcoins. More and more digital currencies are being introduced in the market, and one of them is...
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Altcoins and Tokens: Which Is Which? Cryptocurrency swept the world off its feet when it was launched. Many people were quick to do their research and invest in it, anticipating that digital currencies would someday become widely accepted throughout the world. They predicted right, and today, we find that cryptocurrency can be a very interesting investment. Altcoins and Tokens Cryptocurrencies are digital currencies that are not controlled by a central authority. Their decentralised nature is due to blockchain technology, which...
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As the old saying goes, money is the root of all evil. However, like most things in this world, everything has a good side and a bad side. It is often in the hands of humans whether to use something for good or for bad. The same goes for the emerging cryptocurrency Bitcoin. It has grown in popularity and use since 2014 as more major retailers adopt virtual currency. While Bitcoin offers a more secure and convenient way to conduct...
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Bitcoin has undoubtedly created a buzz all over the world. In the advent of cryptocurrency literacy, more and more people have gone crazy over buying and selling Bitcoins. But with this buzz comes more digital currencies that stood in their own niches. Litecoin is one of them. The use of Litecoin and its blockchain technology is very similar to Bitcoin’s. However, Litecoin was made for faster and cheaper transactions. As BTC experienced drastic changes in price, so did Litecoin. Specifically...
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There is no doubt about the success of Bitcoin around the world. Since it started booming, a lot of people grew more curious and wanted to find out what the buzz was all about. Bitcoin did not only penetrate the financial market and the entire web, but also disrupted them. It is now bigger than just a blockchain technology. It created a niche of its own. It continues to live and enable its users to manipulate and grow their assets....
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Have you ever heard of the name Satoshi Nakamoto? If you have, then you must be one of the many avid players in the cryptocurrency world. They say he/she/it is (or they are) the one who’s behind Bitcoin and its formulation. It’s amazing to talk about a name that sounds like a real person but is actually just coined for an unknown identity. And even when Bitcoin started booming all over the world, the real person or people behind the...
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Cryptocurrency has opened an entirely different venue for virtual exchanges since it began booming. Digital assets have been moved to and fro, and the value of the currencies have risen and dropped at a quick pace. Australia is one of the countries that have managed to impose regulations on trading and using the blockchain technologies such as that of Bitcoin. And while a lot of people go crazy about Bitcoin, Ethereum also paved its way to be recognised in the...
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Cryptocurrencies have become a mainstay of financial news since Bitcoin made headlines in 2017 for its exponential growth in value. Bitcoin has been around for several years, but it was only last year that it reached peak values. It remains as volatile as ever, opening 2018 with a 28% decline in January. It’s still more valuable than the rest of the altcoins, and it may take more time before it reaches stability.   What is Bitcoin? Bitcoin is a digital...
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These days, Bitcoin is almost a mythical asset. There was a report of a man buying $27 worth of bitcoins back in 2009, forgot about it, then received a return of 3,281,500% when he sold it in 2013. Bloomberg had an entire article about Bitcoin millionaires. There’s an 18-year-old who became a Bitcoin millionaire. And something called the Crypto Castle in San Francisco seems to be creating these crypto nouveaux riches like a factory. But before you jump in on...
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