Tuesday, May 14, 2024

WORD OF THE DAY

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How Do I Buy Bitcoin?

The benefits of bitcoin, decentralized currency, peer-to-peer transactions, fast & secure cross border transactions, are vast. However, since it is a digital, universal currency;...

How Can I Mine Bitcoin?

Mining is the process which new coins are created and given to computers to help maintain the blockchain network.   The computers or humans that...
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What Are The Risks in Cryptocurrency?

Like ANY type of investing, there are risks.  In cryptocurrency, there are very serious risks, given the sheer nature.   The largest of them is...
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Types of Digital Wallets

Choosing a wallet for you cryptocurrency is a critical component in buying Bitcoin and other cryptos. You must consider security, ease of use, ability...
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How Is The Value of Bitcoin Determined?

The value of Bitcoin is determined by the price the market is willing to pay for it.   There are other factors in what actually...
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How Many Bitcoins Are There?

There will only be 21 million Bitcoins in the world. At that point, no new coins will be issues. The cap is expected to be hit...
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What Is Digital Currency?

Digital currency, also known as Cryptocurrency, or Virtual money, is a type of currency that purely exists in the digital form.   Digital currency holds...

What Is the Smallest Fraction of Bitcoin?

A Bitcoin can be divided out to eight decimal places, so you can send someone or buy 0.00000001 Bitcoin.   The smallest fraction of a...
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Is Bitcoin Anonymous?

Bitcoin is anonymous because anyone can open a Bitcoin address and send or receive coins with giving their identity.   There is no central bank...

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Types of Digital Wallets

Choosing a wallet for you cryptocurrency is a critical component in buying Bitcoin and other cryptos. You must consider security, ease of use, ability...

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How Many Bitcoins Can I Buy?

You can buy as many Bitcoins as your heart (and bank account) desires.  However, it likely makes sense to start with how much Fiat currency...

Top 10 Altcoins

Like anything that is traded on an exchange, the "top" 10 fluxuates - especially in crypto. However, there are the usual suspects that linger in...

What Is the Smallest Fraction of Bitcoin?

A Bitcoin can be divided out to eight decimal places, so you can send someone or buy 0.00000001 Bitcoin.   The smallest fraction of a...

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