Is Now A Good Time To Buy Bitcoins?


If you have been following the news for the past month or so, you will undoubtedly see one or two stories about Bitcoin. For many years, this cryptocurrency has been a favorite of Magic The Gathering fans and those who wish to achieve chemical addiction without the authorities chasing them.

However, with the passage of time, Bitcoin is gradually entering the mainstream market and is expected to become a real substitute for government-issued currency. Most importantly, Bitcoin is steadily growing on the “stock exchange”, which makes smart day traders a fortune. Can you be one of those day traders? Does your favorite online store use Bitcoin? Let’s explore below so that you can better understand why you should buy Bitcoin now.

The exchange rate is temporarily favorable

Most people who choose to buy Bitcoin do so in order to gain investment value. A little over a year ago, bitcoins were worth about $40 each. Last month, the currency reached a record high of around US$206, and it has been stable at the range of US$100. Make a fortune by buying bitcoins and selling them at the right time.

Last month, the mini Bitcoin bubble burst, which scared away some novice investors. But this is actually the same situation. The important thing to realize is that every time the currency recovers, the currency jumps to a higher value. It is volatile; but very profitable. In addition, due to the limited number of bitcoins that exist, the value of bitcoins is expected to continue to rise in the foreseeable future.

The new website uses Bitcoin every day

What is driving this growth? More than speculation, this will cause Bitcoin to collapse like many other cryptocurrencies in the past. Bitcoin survived and continues to grow because it is actually being adopted online. Currently, this is limited to a single exit. So far, online clothing stores, service providers (coding, design, etc.) and other “novel” products constitute the majority of Bitcoin adopters; but they are only the first wave.

Currently, PayPal is trying to find a way to incorporate Bitcoin into its current model, which may mean that partner eBay is not behind. This will lead to a surge in the use of Bitcoin online. However, there is also an offline state, and the first Bitcoin ATM was opened earlier this month. Content aggregation site Reddit published an article earlier this week describing a convenience store with its own “We Accept Bitcoin” label, and the only thing that hinders them is better implementation.

Bitcoin is still in the “bottom” stage

The biggest reason you should buy Bitcoin is that the currency is still in the bottom layer. All indicators indicate that in the near future, the value and implementation of currency will take a huge leap. Those who have already invested in Bitcoin, as well as those who jump into Bitcoin in the near future, will see a huge return on investment.

Will you make a wise choice, or will you kick yourself for missing the next big thing?


Getting Started With Cryptocurrencies


Investing in the cryptocurrency market space is often complicated, especially for traditional investors. This is because direct investment in cryptocurrency requires the use of new technologies, new tools and the adoption of some new concepts.

If you decide to put your toes in the CryptoCurrency world, then you will need to clearly know what to do and what to do.

Whether it is Bitcoin, Litecoin, Ethereum or any of the 1,300 tokens, buying and selling cryptocurrency requires you to choose an exchange where you can trade the desired product.

As the most famous decentralized cryptocurrency, Bitcoin occupies a dominant position in the field of cryptocurrency, so that sometimes the terms encryption and bitcoin are used interchangeably. However, the fact is that there are other cryptocurrencies that can also be used to make crypto investments.


Litecoin, also known as the “Gold and Silver of Bitcoin”, is an open source decentralized payment network that does not require intermediaries to operate.

How is Litecoin different from Bitcoin? Well, the two are similar in many ways, but the block generation of Litecoin is much faster than the generation of Bitcoin. This makes investors around the world willing to accept Litecoin.

Charlie Lee, a former engineer at Google, founded Litecoin in 2011. Although Litecoin does not have the anonymity technology of Bitcoin, recent reports indicate that Litecoin is more popular than Bitcoin due to its persistence. Another factor that supports Litecoin is the Bitcoin SegWit technology, which means secure peer-to-peer currency transactions without the need to participate in exchanges.


Launched in 2015, Ethereum is a decentralized software platform that allows distributed applications and smart contracts to operate normally without interference from third parties. The currency is Ethereum, just like the accelerator in the Ethereum platform. In the leading cryptocurrency field, Ethereum. It is the second top choice after Bitcoin.

Zero cash

Zcash gained attention in the second half of 2016 and focused on solving the problem of anonymous transactions. To understand currency, let us think of it as “If Bitcoin is like HTTP to make money, Zcash is HTTPS”.

Currency provides the option of shielding transactions to maintain transparency, privacy and security of transactions. This means that investors can transmit data in the form of encrypted codes.


Dash was originally called Darkcoin and is a more selective version of Bitcoin. It was launched by Evan Duffield in January 2014 under the name Xcoin. It is also known as Decentralized Autonomous Organization or DAO for short. The token aims to eliminate all major limitations of Bitcoin. At present, Bitcoin has occupied an important position in the field of cryptocurrency.

An alternative to virtual currency that can guarantee secure and anonymous transactions through a peer-to-peer network is cryptocurrency. The key to making a lot of money is to make the right investment at the right time. Compared with earning daily income, the function of the cryptocurrency model does not involve any intermediary as a decentralized digital mechanism. In this distributed cryptocurrency mechanism, continuous activities are published, managed, and approved by the community peer-to-peer network. Cryptocurrency is known for its fast transactions on any other means (such as digital wallets and other media).

In addition to the content discussed above, other top cryptocurrencies include Monero (XMR) and Bitcoin Cash (BCH). EOS and ripple (XRP).

Although Bitcoin is the trend leader and leads the competition, other currencies also occupy an important position and are giving priority to growth every day. Considering the trend, other cryptocurrencies will have a long way to go and may soon give Bitcoin a difficult period to maintain its position.

If you decide to make a speculative investment in this disruptive technology and want to get all current and future advice, please contact “Top Coins”.


The "Experts" Are Getting Crypto All Wrong


Bitcoin peaked a month ago, on December 17, reaching a high of nearly $20,000. At the time of writing this article, the price of the cryptocurrency is less than $11,000, which is a loss of about 45%.Not only US$150 billion Lost market value.

In the encrypted comment, there are a lot of hand twisting and gnashing of teeth. This goes hand in hand, but I think that people like “I tell you” have an advantage over “excus makers”.

Here’s the thing: unless you just lost your Bitcoin shirt, it doesn’t matter at all. Moreover, the “experts” you might see in the press did not tell you why.

In fact, the collapse of Bitcoin is really great… because it means that all of us can stop thinking about cryptocurrencies altogether.

The death of Bitcoin…

In a year or so, people will not talk about Bitcoin in the grocery store or on the bus like they do now. This is why.

Bitcoin is the product of helplessness. Its designers made it clear that this cryptocurrency is a response to the government’s abuse of legal currencies such as the US dollar or the euro. It should provide a virtual currency-based, independent, peer-to-peer payment system. This virtual currency cannot be devalued because they are limited in number.

Abandoned this dream long ago and turned to support primitive speculation. The irony is that most people are paying attention to Bitcoin because it seems to be an easy way to get more fiat currency! They don’t own it because they want to use it to buy pizza or to refuel.

In addition to being a bad electronic transaction method, Bitcoin is very slow and annoying, but as a speculative tool, the success of Bitcoin makes it useless as a currency. If the appreciation is so fast, why would anyone spend it? When the currency depreciates rapidly, who will accept it?

Bitcoin is also a major source of pollution. Just completing a transaction requires 351 kilowatt-hours of electricity-which also releases 172 kilograms of carbon dioxide into the atmosphere. This is enough to power an American home for a year. So far, all the energy consumed by Bitcoin mining can power nearly 4 million American homes a year.

Paradoxically, Bitcoin as an old-fashioned success Speculative game -Not the intended use of its liberals-attracted repressive actions by the government.

China, South Korea, Germany, Switzerland and France have implemented or are considering banning or restricting Bitcoin transactions. Some intergovernmental organizations have called for concerted action to curb the obvious bubble. The US Securities and Exchange Commission once seemed likely to approve financial derivatives based on Bitcoin, but now it is hesitant.

According to “The European Union is implementing stricter rules to prevent money laundering and terrorist financing on virtual currency platforms. It is also studying ways to restrict cryptocurrency transactions.”

One day, we may see a fully functional and widely accepted cryptocurrency, but it will not be Bitcoin.

…But a boost to crypto assets

Ok. Overcoming Bitcoin allows us to see the true value of encrypted assets. That’s it.

To use the New York subway system, you need a token.You can’t use them to buy other things…though you can Sell ​​to people who want to use the subway more than you.

In fact, if the supply of subway passes is limited, an active market may emerge. Their transaction price may even exceed the original cost.It all depends on how many people miss you Use the subway.

In short, this is the scene of the most promising “cryptocurrency” other than Bitcoin.They are not money, they are Token -If needed, enter the “encryption token”. They are not used as general currency. They are only good on the design platform.

If these platforms provide valuable services, people will need these encrypted tokens, which will determine their prices. In other words, encrypted tokens will have a certain value, and people can cherish what you can get from related platforms.

That would make them Physical assets, with Intrinsic Value -Because they can be used to get things that people cherish. This means that you can reliably anticipate revenue or service flow by owning such encrypted tokens. Crucially, you can measure future income streams based on the price of encrypted tokens, just like we calculate the price-to-earnings ratio (P/E) of stocks.

In contrast, Bitcoin has no intrinsic value. It has only one price-a price determined by supply and demand. It cannot generate future revenue streams, and you cannot measure anything like the price-to-earnings ratio.

One day, it will become worthless, because it will not allow you to get anything real.

Ether and other crypto assets are the future

Crypto tokens are definitely like It’s like a currency. It is traded on a cryptocurrency exchange with the code ETH. Its symbol is the Greek capital Xi character. It is mined through a process similar to (but less energy consuming) Bitcoin.

But Ethereum is not a currency. Its designers describe it as “the fuel for running the distributed application platform Ethereum. This is a form of payment by the platform’s customers to machines that perform requested operations.”

The Ethernet token allows you to access one of the most complex distributed computing networks in the world. It is encouraging that large companies are collapsing with each other to develop practical, practical uses.

Because most people who trade it don’t really understand or care about its true purpose, the price of Ethereum has bubbled and bubbled like Bitcoin in recent weeks.

But in the end, Ethereum will return to a stable price based on the demand for computing services it can “buy” for people.This price will represent actual value Can be priced in the future. It will have a futures market, as well as exchange-traded funds (ETFs), because everyone will have a way to assess their underlying value over time. Just like we deal with stocks.

What is this value? I do not know. But I know it will be more than just Bitcoin.

My suggestion: Get rid of your Bitcoin and buy Ether the next time it drops.


5 Mistakes Most Bitcoin Buyers Make


Nowadays, buying Bitcoin is not easy. Some buyers make costly mistakes when trying to get a return on investment for the first time. Therefore, you may have to be careful when buying. Here are 5 common mistakes made by Bitcoin buyers. Make sure to avoid these errors.

wrong address

When buying Bitcoin, make sure to enter the correct address. If the address is wrong, the transaction cannot be reversed and you will lose money forever. Unfortunately, if you enter the wrong address, this error cannot be corrected.

Therefore, please don’t forget to double check your address to make sure it has no errors. It doesn’t take hours to view the details. It is best to ask a friend or family member to check your details.


Buying Bitcoin in person is a good idea. You should pay hard-earned money only after the transaction is completed. It is best to get multiple confirmations. Therefore, you may need to wait patiently to ensure that there will be no problems in the future. This is especially important if you are investing a lot of money.

payment method

One of the most common ways to pay online is to use PayPal or a credit card. The reason is that these methods are very convenient. In addition, they can save you a lot of money. However, please remember that to enjoy this convenience, you will have to pay a higher fee. For example, you will have to face the issue of chargebacks.

Therefore, it is best to choose a cheaper payment method. For example, you can make a bank transfer. This is especially important if you spend a lot of money on a regular basis. In the long run, it can save you a lot of money.

Missed opportunity

We know that people have made a lot of money by buying and selling Bitcoin. However, if you just make a purchase because you don’t want to miss this profitable opportunity, you need to reconsider.

Buying Bitcoin without a solid strategy is a bad idea. As with any other purchase, you need to do your homework before investing in Bitcoin. Therefore, it is important to keep a solid strategy in mind.

the study

Nowadays, the process of buying Bitcoin and other currencies is very simple. The reason is that there are many exchanges and many payment methods to choose from. But the problem is that all of us are prone to making mistakes, especially when we buy something for the first time. Therefore, it may take some time for you to make a purchase.

In short, if you avoid the above mistakes, you can safely buy Bitcoin without worry. Just make sure you have the basic knowledge of cryptocurrency. Hope this helps you make an informed decision.


Bitcoin Thrives Against All Odds


Since it is currently popular, I want to announce that I will launch my own cryptocurrency next week.

We call it “gold coins”.

No, this is too selfish.

How about “muttcoin”? I have always had a soft spot for mixed breeds.

Yes, it is perfect-everyone loves dogs.

This will be the biggest thing since fidgeting.

Congratulations! When my new coin is released next week, everyone reading this book will get a muttcoin.

I want to distribute 1 million muttcoins equally. Spend them wherever you like (or where anyone will accept them!) anytime, anywhere.

what is that? The cashier at Target said, they won’t accept our Muttcoin?

Tell those skeptics that muttcoin has a scarce value-only one million muttcoins will exist. Most importantly, it has the full trust and trust of the desktop 8 GB RAM.

In addition, remind them that 10 years ago, Bitcoin couldn’t even buy a pack of chewing gum. Now, one bitcoin can buy a lifetime supply.

And, just like Bitcoin, you can safely store muttcoin offline, away from hackers and thieves.

It is basically an exact copy of the properties of Bitcoin. Muttcoin’s decentralized ledger has unbreakable cryptography, and all transactions are immutable.

Still don’t believe that our mutant currency will be worth billions of dollars in the future?

Well, this is understandable. The truth is that launching a new cryptocurrency is much more difficult than it seems, if not absolutely impossible.

This is why I think Bitcoin has reached these heights in various situations. And because of its unique user network, it will continue to do so.

Of course, there are setbacks. But each of these setbacks ultimately led to higher prices. The recent 60% plunge is no different.

The miracle of Bitcoin

The success of Bitcoin lies in its ability to build a global network of users who are either willing to transact immediately or store it later. Future prices will depend on the growth rate of the network.

Even in the face of severe price fluctuations, the adoption of Bitcoin continues to grow at an exponential rate. There are 23 million wallets open worldwide, chasing 21 million bitcoins. In a few years, the number of wallets may increase to include the 5 billion people on the planet connected to the Internet.

Sometimes, the motivations of new cryptocurrency exchangers are speculative; other times, they seek a store of value away from their own currency. Last year, new applications such as Coinbase made it easier to join new users.

If you haven’t noticed, when people buy Bitcoin, they will talk about it. All of us have a friend who bought Bitcoin and never shut up. Yes, I feel guilty about it – I’m sure there are quite a few readers.

Perhaps subconsciously, the holder becomes a cryptocurrency expert because it is in their own interests to persuade others to buy, that is, to increase the value of their holdings.

Spreading the gospel-spreading good words-Bitcoin miraculously caused the price to rise from $0.001 to the most recent $10,000.

Who would have imagined that its pseudonymous creators were fed up with the oligopoly of the global banking industry and launched an intangible digital resource that could rival the value of the world’s largest currency in less than ten years?

No religion, political movement or technology has witnessed these growth rates. Again, humans have never been so closely connected as they are now.

Money concept

Bitcoin was originally an idea. To be clear, all money-whether it is shell money used by primitive islanders, gold bullion or US dollars-starts with a single idea. The idea is that the user network will value it equally and will be willing to provide you with something of equal value in the form of money.

Money has no intrinsic value. Its value is purely external-only others consider it worthwhile.

Look at the dollars in your pocket-just a fancy paper with a one-eyed pyramid, stippled portraits and signatures of important people.

In order to function, society must treat it as an accounting unit, and merchants must be willing to accept it as payment for goods and services.

Bitcoin has shown an incredible ability to connect and connect to a network of millions of users.

One bitcoin is only worth the price that the second person is willing to pay for it. However, if the network continues to expand at an exponential rate, then the limited supply will indicate that prices can only go in one direction…higher.

Bottom line

Bitcoin’s nine-year rise has experienced huge volatility. It was revised by 85% in January 2015, and other revisions exceeded 60%, including a significant reduction of 93% in 2011.

However, with each of these corrections, the network (measured by the number of wallets) continues to expand rapidly. When some speculators see their value drop, new investors with margin see the value and become buyers.

The abnormal level of volatility is actually what caused the Bitcoin network to grow to 23 million users.

Hey, maybe we just need to use Muttcoin’s price fluctuations to attract new users…


How to Use a Free Bitcoin Generator


Bitcoin is a new type of cryptocurrency designed by Satoshi Nakamoto in 2007 and was born in the business world in 2009 and is widely accepted by many investors because it guarantees a higher return on investment. Bitcoin is used as an alternative currency in many countries. By providing generous returns and easy conversion policies, many Bitcoin companies have been established to expand their customer base in various countries. Bitcoin generators are becoming a new trend, doubling or tripling the total investment.

The company is still providing a security foundation for its investors, but it is still affected by market fluctuations. The most modern software and hardware solutions make ordinary people understand that Bitcoin companies encourage customers to make more and more investments and provide more High income and earned millions of dollars. Their return on investment.

How to use Bitcoin generator

In order to learn how to use the free bitcoin generator, first open the bitcoin software on the desktop screen. Now connect it to your Internet server, because it is secure and anonymous, you can easily generate problems or multiply them without any trouble. Therefore, the main step to double your Bitcoin is to deposit money first. To deposit money, you need to enter your Bitcoin wallet address in the deposit box. Now, your wallet window opens, and from there transfer your money to the deposit box. To do this, click the send button and paste your Bitcoin deposit address to transfer funds to the Bitcoin software to double your amount. You will see a notification of successful payment transfer in the Bitcoin software window. Now, this Bitcoin currency will be converted to software currency, and after a few minutes, the amount will automatically double. Now, click the “Deposit” button to see the deposit amount and the amount doubled. Then click the refresh button to get a complete summary of the transaction, for example, if you deposit 0.10 bitcoins, the doubled amount in your wallet will be 0.20 bitcoins. Now to withdraw your bitcoin funds, you need to go to your bitcoin wallet, click the receive button from there, and copy the address in the pop-up window. The next step is to paste the address into the Bitcoin withdrawal column and click the withdrawal button. The whole process will take some time, but when it is finished, you will see a notification on the screen stating that “Bitcoin has been received” and the Bitcoin will appear in your wallet.

Bitcoin generators are an easy way to make money. Bitcoin works based on an encryption protocol. Bitcoin is a symbol of currency, through which users can use Bitcoin (not actual currency) to receive and send currency transactions. Bitcoin generator is a programming software that can double or triple your Bitcoin in 5 to 10 minutes, while the balance in your Bitcoin wallet is very small. There are many companies that offer free bitcoin generators, but you need to do in-depth research before investing, because many of them are fraudulent. Bitcoin is a new generation of new currency and has a broad scope in the future.


Getting Started With Crypto


For traditional investors, investing in the cryptocurrency market space may be somewhat difficult, because direct investment in cryptocurrency (CC) requires the use of new tools and the adoption of some new concepts. Therefore, if you decide to enter this market, you will have a good understanding of what to do and what to expect.

Buying and selling CC’s requires you to choose an exchange to trade the product you want to buy and sell, whether it is Bitcoin, Litecoin or any of the more than 1,300 other tokens. In the previous version, we briefly introduced some of the products and services provided by the exchange to give you a better understanding of different products. There are many exchanges to choose from, and they all do things in their own way. Find things that are important to you, such as:

-Deposit policies, methods and fees for each method

-Withdrawal policy and fees

-Which fiat currency do they use for deposits and withdrawals

-The products they trade, such as cryptocurrency, gold, silver, etc.

-transaction fee

-Where is this exchange located? (USA/UK/Korea/Japan…)

Be prepared for the detailed and lengthy Exchange setup process, because Exchange usually wants to know a lot about you. This is similar to setting up a new bank account, because the exchange is a broker of valuables and they want to make sure that you are who you are and that you are a trustworthy person who is worth trading. It seems that “trust” is gained over time, because exchanges usually only allow a small amount of investment to start.

Your Exchange will reserve CC storage space for you. Many offer “cold storage”, which simply means that your coins will remain “offline” until you instruct them to be processed. There are many news reports that the exchange was hacked and many coins were stolen. Consider whether your coin is in the bank account of the exchange, but remember that your coin is only digital, and all blockchain transactions are irreversible. Unlike your bank, these exchanges do not have deposit insurance, so be aware that hackers will always do their best to obtain your cryptocurrency there and steal them. Exchanges usually provide password-protected accounts, and many exchanges offer two-factor authorization schemes-in order to prevent hackers from hacking into your account, serious consideration is required.

Given that hackers like to prey on exchanges and your account, we always recommend that you use a digital wallet to store coins. Moving coins between your Exchange account and wallet is relatively easy. Make sure to choose a wallet that can handle all the coins you want to buy and sell. Your wallet is also the device you use to “spend” coins with merchants who accept CC payments. The two types of wallets are “hot” and “cold”. Hot wallets are very easy to use, but they expose your coins to the Internet, but only on the computer, not on the Exchange server. Cold wallets use offline storage media, such as dedicated hardware memory sticks and simple hard copy printouts. Using cold wallets will make transactions more complicated, but they are the safest.

Your wallet contains a “private” key that authorizes all transactions you want to initiate. You also have a “public” key shared on the network so that all users can identify your account when transacting with you. When a hacker obtains your private key, they can move your coin wherever they want, and this is irreversible.

Despite all the challenges and huge volatility, we are confident that the underlying blockchain technology will change the rules of the game and will completely change the way transactions are conducted.


Things You Should Know About Bitcoin Black


What is Bitcoin black?

Bitcoin black is basically the people’s cryptocurrency, and the people are the people. It will be used as a peer-to-peer payment system that will give back power to people.

If we talk about Bitcoin, then Bitcoin has failed. The real value comes from the actual use of the ecosystem and the empowerment of people. Bitcoin transactions are slow and expensive, and it can be said that Bitcoin is somewhat concentrated. Bitcoin is able to control human power because it is strictly manipulated and has gone through various cycles, making participants generally reluctant to use cryptocurrency.

People buy Bitcoin to get rich, not to participate in the ecosystem. One percent of the elite use Bitcoin and feel frustrated, increase prices strategically, attract wealth that enters their dreams, and abandon coins for profit. Fear of being adopted. For many different reasons, Bitcoin can be controlled, pumped and manipulated at will.

Bitcoin Black is committed to solving these problems, because the token is a cryptocurrency. It was airdropped to 1 million wallets before the IEO. All funds will flow to the community groups voted by the community to promote the development of the project. The focus is on fair distribution. , Mass adoption, usability, education, ease of use, simplicity and community.

The goal is to make it a truly decentralized autonomous network, returning power to the people. He does not belong to one group, but to many branches of the community.

Coin distribution

Initially, Bitcoin Black’s goal was to airdrop to at least 1 million wallets, of which no more than 0.5% of the supply owned by 1 founding member, making it truly a decentralized cryptocurrency.

The pre-sale of the project accounts for 2.5% of the total supply, which is nearly 900 million coins.

If we look at IEO, 7.2 billion IEO tokens will be distributed to multiple community foundations, which will help the community to push the project forward in the future.

Counterpart funds are used for manipulation (about 5%). A part of the Stability Control Fund is used to eliminate the possibility of early manipulation of small transactions and maintain currency stability.

In the end, the reward for introducing the application will be 14.4 billion coins.

30 million members have been introduced and the proportion of new users has increased. A way to bring coins to every campus/university/workplace and community.

Total supply

The maximum supply is 36 billion coins.


Members who helped share Airdrop asked for 3.6 billion coins.

One-click simple social sharing platform. Share social messages, which provide an introduction to the encrypted video and an application download link, which your friends can download. Currently, the platform is active and running well.


The best innovation is the fee-free transaction. You can send Bitcoin hacks to anyone for free. The transaction is instant, and you can send money as easily as sending a message.

The wallet is easy to access and very simple to use.

in conclusion

Bitcoin black has a fair and large-scale distribution of currency, and its supply is widely distributed. It will generate smaller fluctuations through simultaneous pumping and dumping and lead to more stable prices. Bitcoin black will become the next Bitcoin. You can register for the airdrop by clicking here. I hope someone as early as 2008 can include me in the Bitcoin airdrop. Bitcoin black will change lives, and we want to tell this as much as possible.


Learn About the Bitcoin Trading


Bitcoin is the latest form of digital currency used by many traders and investors. Bitcoin can be traded on any exchange market, but this is a risky attempt because you may lose your hard-earned money. Please be cautious before proceeding.

About Bitcoin:

Although Bitcoin is in digital form, it is the same as currency. You can save, invest and use it. Cryptocurrency once circulated in the market and produced Bitcoin. The event started in 2009 and its nickname is Satoshi Nakamoto. Since the beginning of this year, the price of Bitcoin has jumped from US$2 to US$266, so it has been widely welcomed. This happened in February and April. It is said that a process called mining uses powerful computer algorithms called blocks to generate bitcoins. After the block is decrypted, you will get about 50 bitcoins. Usually, it takes a lot of time to solve a problem, which may take about a year. If you can’t do this, then there is another medium for obtaining these bitcoins. That is, you only need to buy them.

Bitcoin’s work:

When you buy Bitcoin, you will exchange your physical currency and obtain digital currency in the form of Bitcoin. It’s very simple, if you want to exchange currency, you must first pay to get the currency. The same is true for Bitcoin. You pay the current Bitcoin exchange rate. Suppose it is 200 dollars, so you pay 200 dollars and get one bitcoin. Basically, this is a commodity. Most exchanges in the market make money by transferring currencies in the market. They earn U.S. dollars by offering these bitcoins and get rich immediately. But the truth is that it seems easy to make money by converting Bitcoin to U.S. dollars, so these exchanges are also easy to lose money.

Become a market participant:

There are several ways to become a participant in the Bitcoin market. The easiest way is to buy a dedicated computer and install some bitcoin mining software, and then start decrypting the blocks. It is said that this process is the easiest method, but it is very slow.

If you want to make money faster, you must form a team. You should organize a Bitcoin pool consisting of four to five members. You can then form a mining pool and decrypt these blocks faster than individuals. Eventually you will decrypt multiple blocks at the same time.

The fastest way to make money with Bitcoin is that you should directly enter the market. Look for a reputable and reliable Bitcoin exchange in the market. You must first register yourself. Sign up and register for an account, and then you must respond to the confirmation accordingly. This will keep you up-to-date on all valid stocks of Bitcoin. You can trade Bitcoin on any online trading platform. Some companies have even begun to accept Bitcoin payments.


What Is an ICO in Cryptocurrency?


ICO is short for Initial Coin Offering. When launching new cryptocurrencies or crypto tokens, developers provide investors with a limited number of units in exchange for other major cryptocurrencies, such as Bitcoin or Ethereum.

ICO is an amazing tool that can quickly invest development funds to support new cryptocurrencies. Assuming there is sufficient demand, the tokens that can be provided during the ICO can be sold and traded on cryptocurrency exchanges.

The Ethereum ICO is one of the most famous successes, and with our presentation, the popularity of the initial token product is growing.

Brief history of ICO

Ripple may be the first cryptocurrency issued through an ICO. In early 2013, Ripple Labs began to develop the Ripple payment system and generated approximately 100 billion XRP tokens. These are sold through an ICO to fund Ripple’s platform development.

Mastercoin is another cryptocurrency that also sold millions of Bitcoin tokens during the 2013 ICO. Mastercoin aims to tokenize bitcoin transactions and execute smart contracts by creating a new layer on top of the existing bitcoin code.

Of course, there are other cryptocurrencies successfully funded through ICOs. As early as 2016, Lisk raised approximately $5 million in its initial coin offering.

Nevertheless, the Ethereum ICO conducted in 2014 may be the most prominent ICO to date. During its ICO, the Ethereum Foundation sold ETH at a price of 0.0005 Bitcoin each, raising nearly 20 million U.S. dollars. As Ethereum harnesses the power of smart contracts, it paves the way for the next generation of initial coin offerings.

Ethereum’s ICO, the secret of success

Ethereum’s smart contract system has implemented the ERC20 protocol standard, which sets the core rules for creating other compliant tokens that can be traded on Ethereum’s blockchain. This allows others to create their own tokens that comply with the ERC20 standard and can be directly traded in ETH on the Ethereum network.

DAO is a remarkable example of the successful use of Ethereum smart contracts. The investment company raised $100 million worth of ETH, and investors received DAO tokens in exchange to enable them to participate in the governance of the platform. Sadly, DAO failed after being hacked.

Ethereum’s ICO and its ERC20 agreement outline the latest generation of crowdfunding-based blockchain-based projects through the Initial Coin product.

This also makes it very easy to invest in other ERC20 tokens. You only need to transfer ETH, paste the contract into your wallet, and the new tokens will appear in your account, so you can use them as you wish.

Obviously, not all cryptocurrencies have ERC20 tokens on the Ethereum network, but almost all new blockchain-based projects can initiate initial token issuance.

Legal status of ICO

Regarding the legality of ICOs, there is a little jungle. In theory, tokens are sold as digital goods rather than financial assets. Most jurisdictions have not yet regulated ICOs, so assuming the founders have experienced lawyers in the team, the entire process should be paperless.

Even so, some jurisdictions are already aware of ICOs and are already working to regulate ICOs in a similar way to the sale of stocks and securities.

As early as December 2017, the US Securities and Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC is preparing to stop ICOs that they believe are misleading investors.

In some cases, the token is just a utility token. This means that the owner can simply use it to access a certain network or protocol, in which case they may not be defined as financially safe. However, stock tokens designed to increase value are very close to the concept of security. To be honest, most token purchases are made specifically for investment purposes.

Despite the efforts of regulators, ICOs are still hovering in the gray legal realm, and entrepreneurs will not try to benefit from the initial token issuance until a clearer set of regulations is implemented.

It is also worth mentioning that once the regulations reach their final form, the cost and effort required to comply with the regulations may make ICOs more attractive than traditional financing options.

Final words

For now, ICO is still an amazing way to fund new crypto-related projects, and there have been many successful projects, and there are many more.

However, keep in mind that everyone is launching ICOs these days, and many of these projects are scams or lack a solid foundation to thrive and make them worth investing in. Therefore, you should definitely conduct thorough research and investigate the team and background of any crypto project you might want to invest in. There are multiple websites that list ICOs, just do a search on Google and you will find some options.