Category Archives: News

2018 Top Pics in Undervalued Cryptocurrencies: Gridcoin (GRC)

Gridcoin compensates the coin miners (researchers) for participating in BOINC projects that may lead to advances in medicine, biology, mathematics, science, climatology, particle and astrophysics, thus providing real benefits to humanity. Gridcoin compensates researchers for contributing computational power towards BOINC research using an energy-efficient Proof-of-Stake process, instead of generating heat and using computational power for a Proof-of-Work algorithm. Gridcoin differs from other scientific cryptocurrencies in its ability to support many different kinds of scientific projects and is only limited by what is currently broadcast over the BOINC […]

More info

The World’s 1st FULLY AUTOMATED CryptoCurrency Software

Crystal balls for profit-telling? What your future self would tell you… Imagine getting a message from “future you” … telling you after seeing it unfold about one of the biggest financial opportunities of your life. It’d be like having a crystal ball telling you how to profit. In a few short years – if not sooner – more people are going to make more money with cryptocurrency than in practically ANY other market.   That’s not fortune telling, it’s reality. There are already over 1300 cryptocurrencies trading […]

More info

Fiat Money Explained

Fiat money is money that a government declares is legal tender. Fiat refers to the government order. It’s from the Latin, like so many of our legal words, and it means “let it be done.” The government looks at the notion that paper bills can be legal tender, and says, “let it be done.” Gold-backed money, also known as hard currency, is money that can be converted to actual gold. It used to be this way. Your dollar was as good as gold. On August 15, 1971, […]

More info

Watch Your Cryptocurrency Wallet

A bitcoin wallet is software that connects you to the bitcoin network. This is the first step in acquiring bitcoin. You know how it is when you send someone an email. You have to have an email address, a password, and a way of connecting to the network. It can be webmail or a program such as Thunderbird or Outlook. You open up your email program and send an email to someone, using the email address that they gave you. The email is sent using your email […]

More info

Most Known And Traded Cryptocurrencies

Other Cryptocurrencies Imitation is the sincerest form of flattery. Since the success of bitcoin, other cryptocurrencies have emerged. In 2014, these were the big contenders in the cryptocurrency world – PeerCoin aka PPCoin, Litecoin, Ripples, Gridcoin and Dogecoin. At the end of 2017, these are the top five contenders, according to one source. 1. Litecoin (LTC). Launched 2011. 2. Ethereum (ETH). Launched 2015. 3. Zcash (ZEC). Launched 2016. 4. Dash (used to be Darkcoin). Launched 2014. 5. Ripple (XRP). Launched 2012. 6. Gridcoin (GRC). Launched 2012. Looking […]

More info

Should You Invest in Bitcoin?

People are looking for a good and fast way to grow their money. Bitcoin seems to be the answer to the big question, where should you invest? The cautious among us tend to be skeptical. Bitcoin is a digital currency. You cannot carry it around in a bag or store it in your safe. You cannot run your fingers through a pile of bitcoins on your bed. If you stop and think about it, most of us don’t do that with cash. A paycheck is electronically deposited […]

More info

What is Bitcoin Cash?

The size of the bitcoin block has bothered a number of developers, miners, and others involved in the popular cryptocurrency. It seems that the limit of 1 megabyte as the block size means that only 7 transactions can be handled in one second. Because of the number of transactions increasing, this can cause the system to lag. On August 1, 2017, the protocol was changed making the block size limit 8 megabytes. The result was that the new currency was not the same as the bitcoin core […]

More info

What is Bitcoin Forking?

Forking is when the basic protocol of bitcoin has been changed and suddenly the blockchain splits. There is a fork in the road. One of the limitations of bitcoin that seems to plague many users is the size cap on the block. One megabyte seems to be too small to make sense. In 2010, it might have been okay but in the streaming world of today, it seems to be prohibitive. Developers tried to find ways to improve bitcoin, at least to their way of thinking, their […]

More info

Bitcoin Misadventures

We learn from our mistakes. In the world of bitcoin, there have been some real doozies of mistakes. Anyone who has ever lost or misplaced a password can relate to the common problem of bitcoin owners who have lost their private key. There is no second chance of recovering from this blunder. This is why it is recommended to write it down on paper and store a copy of it in several safe digital places. Of course, once someone has your keys, they can have your coin. […]

More info

Where to Buy Bitcoins and Where to Spend Them

There is a slight difference between how to buy bitcoins and where to buy them. How to is all about the wallet and exchanges and the typical sources. Where to buy bitcoins digs a little deeper into some of the alternatives to exchanges and setting up your own shop that takes bitcoins. Some larger areas have bitcoin ATMs. The prices are comparable to exchanges. This is a convenient process. Looking at the prices for the middle of December 2017, these are the prices at a bitcoin ATM […]

More info
1 2 3 4