Tag Archives: bitcoin

What is Bitcoin Mining? Paypal Bitcoin

The only way to send money electronically has always been to rely on a centralized intermediary, say someone like PayPal. And what PayPal does is it keeps track of the amount of money that I have in my account. Say I loaded it from my bank account or I got paid by another PayPal user, and then PayPal lets me send the PayPal Bitcoin.

Won’t let me send more money than I ever have, and will tell somebody else whether they’ve received money from me. PayPal just keeps this ledger of transactions. So with PayPal, there’s one ledger and it’s held by a company PayPal. In the PayPal Bitcoin network that ledger is distributed across every participant, so anybody who’s connecting to the network has a copy of it on their computer in full, going all the way back to the history of the network when it was first created in 2009.

Now, how does new information get added to that ledger? Well, that’s this role that miners play. They listen for transaction messages that are validly signed on the network.

And they bundle them into what we call a block. They announce this block and they say, “Now, you all take this and add this to your copy of the ledger. We call that ledger a block chain because the miner has just announced a block and that block is mathematically linked to all the blocks in the past. They’re chained together like a big long string. What they’re doing is providing a public good, they’re relaying transactions, validating signatures, putting them into a block, adding that block to the block chain and distributing that to all the people on the network.

They’re given a reward by the network for performing this public good. And that reward comes in two different ways. One, a Crypto Swami Bitoin Miner is allowed to stick in the ledger of transactions for that ten minutes, one special transaction. And if it says, “I, the miner pay myself 12.5-bit points,” and they came from nowhere.

This is the only time on the Bitcoin network that anyone is allowed to ever have a transaction that didn’t have any inputs, that literally created money out of thin air. At some point, somebody started calling this activity of getting new Bitcoins by providing this public good on the network, mining. It’s like digging into the side of a mountain and getting gold.

decentralized currency

How to Use the Bitcoin ATM Near Me

 What’s up everyone, so I’ve got a very kind of offbeat interesting topic to talk about today. The guys over at Crypto Swami contacted me about doing a video and I was a little skeptical at first. I looked into it a bit more and I actually think this is a really cool idea, I think this is going to be a really fun video. Today we are going to be looking at physical bitcoin ATM’s. Okay, so for a lot of the kind of tech heads and the people that are really into crypto, it might have you scratching your head a little bit.

Why do you need a physical bitcoin ATM? And to a certain sense I understand that viewpoint. We have alternatives to bitcoin ATM near me on Crypto Swami called Changelly. But the reality is we are still in the fledgling stages of crypto adoption. I mean we are so early on that curve at this point.

     And one of the biggest threats to bitcoin adoption in my opinion is people just being straight up scared away because they think that its all this crazy tech and they’ll never be able to understand it, and its complicated.

    And I love what the idea of the bitcoin depot ATM’s brings, because it gives people something they’re comfortable with, it gives you the ability to walk into a physical store, nothing but cash and a wallet app on your phone and you can get started with bitcoin. I think that it really, it kind of takes out a lot of the legwork that ends up scaring people off. With crypto exchanges you’re dealing with insecurity of funds, you know you don’t have your keys, in terms of registration you’re looking at all kinds of different levels of KYC, long times to be approved. I mean I remember when I first setup coinbase it took me a couple of weeks before I was even able to be fully approved and be making decent sized purchases. This is the reason Crypto Swami adopted a modern Bitcoin ATM called Changelly on the website. So I really think this kind of, it provides a nice easy bridge for a completely crypto “noob” to just step in, actually take some cash, turn it into bitcoin, and start their bitcoin journey.

   Okay, so bitcoin ATM’s what do you actually need to get in there and get started? Its real simple, you need to have a bitcoin wallet. My suggestion would be for a new user, go to Cryptoswami.net Its a very simple interface, easy to set up. Its available on the website sidebar, the app store for android, plus apple mobile wallets so you might have to do a little dabbling on crypto swami changelly widget to see which options are available over there.

    And obviously, you’re going to need cash to make the purchase and you’re going to need an ATM. So the bitcoin Depot guys have over 500 different bitcoin ATM’s all throughout the US. It is super simple to find them, I actually have one not even ten miles away, its literally on my drive back from the office.

But its super simple, head over to bitcoindepot.com, right there on the front page they’ve got a great interactive map and you can go in, pick your state, zoom in, figure out where there is an bitcoin ATM near you and after that you’re pretty much set to go.

The only thing to keep in mind is of course, there is going to be a fee just like there would be with any bitcoin ATM or crypto transaction, but were going to look at that once I get over to the bitcoin ATM itself.

       And you know one of the things that really, these guys were really adamant about is the level of ease with which you can get into this. So were going to take a look at this and the goal is to have this entire thing done, five minutes, no questions asked from start to finish, you go from cash to bitcoin. So lets get up, I’m gonna take you guys on a little trip, I’m going to hop in my car, I’m going to head down to the bitcoin ATM and were going to take a look at actually getting this started, I’m going to walk you through everything you need to do, the little registration/verification. I’m going to do a larger purchase so that we can do the “KYC”, they actually use state id to do that which is so much simpler than anything that you’re going to do online.

So anyways, lets hop in the car were going to ride over there and check this out.  Alright, I’m over at the bitcoin ATM now. Excuse my videoing, this is my first time with this gimble so it is quite a different experience for me. Beautiful machine though. And lets check out how to get this going. Alright, so were going to buy some coins.


 Lets see, were going with $20 to $250. Alright, we need to verify so were going to enter our number. Which I guess we can do with that keypad. So that number can be entered with the keypad down here. Alright. Obviously I have…sharing the account, we wont be doing that, but we are sharing this experience, so were going to agree to the terms. And lets see, enter my name Crypto Swami in here.

Alright, were going to agree to the terms here. Enter the email address. Alright, there we go, were going to confirm that. And lets see, its going to send us a code which we are going to enter in here.

And there we go.

 Okay, so were going to create a random pin. Not going to show that to you guys obviously. Alright. Okay. And, were going to go with bitcoin.  And for this one, lets see, scan. Its got our scanner down there. And I’ve got another device here. And there we are. So now… Lets see, I’m trying to enter it in the wrong spot there, there we go.  That up, and there we go. Alright, and there we are. We’ve got ourselves some bitcoin! Alright guys, so as you can see its really not the craziest thing, this has me super excited because I cant tell you how many tutorials there are out there on how to get crypto, how to get started, and there’s just so much legwork you know, with any of the non-physical ways of doing this.

     So hopefully this gave you guys a much better idea of how simple it is to get started, especially with one of these bitcoin ATM’s, I think this could absolutely be revolutionary.

      And realistically moving forward, I think crypto is going to be everywhere within a decade. So, I really think these guys have kinda come in ahead of the curve. And having bitcoin ATM’s out there is going to be absolutely huge, because I wouldn’t be shocked if you’re seeing them just as frequently as traditional ATM’s within the decade. So anyhow I hope you enjoyed this, and go find yourself a bitcoin depot ATM and get yourself started in bitcoin.

Crypto: Will the Bitcoin Dream Succeed?

  In 2021, the price of a single bitcoin, the leading cryptocurrency broke 60 000 and the market value of all cryptocurrencies reached a staggering 2.5 trillion dollars. Bitcoin’s promise to create a new decentralized financial system beyond the control of governments and banks has captured the imagination of the world. It’s become a bit of a social phenomenon. Mark Zuckerberg, the boss of facebook, has pet goats and he’s named them max and bitcoin, but so far the bitcoin dream has not been realized.

   Rather than becoming a new form of money, bitcoin, has become a highly volatile investment asset. Creating big winners. Bitcoin Trading Investors have said its price skyrocketing during the pandemic and big losers. The crypto valuation lost a third of a trillion dollars just overnight for the believers, bitcoin is still a digital stepping stone towards a utopian future for the skeptics. The crypto market is nothing more than a digital casino, too volatile to be trusted.

 So what will become of the bitcoin dream? What is Bitcoin?  It all started in 2009, somewhere in the world, a shadowy figure hiding behind the name of satoshi nakamoto created the very first bitcoin. It was the start of a digital revolution. Bitcoin and the thousands of cryptocurrencies market that have followed are nothing like actual coins.

 They are code recorded on a digital ledger that gets longer and longer as more people use them and embedded in nakamoto’s code for the first batch or block of bitcoins was a newspaper headline. Bitcoin’s creator put that headline in the first block because he wanted to send a signal. He wanted to show that people were looking for alternatives after the financial crash and the question that people were asking is: can we trust financial institutions with our money and bitcoin? Was the response? Trust is at the heart of the current financial system, banks and other financial institutions control how money flows around the economy.

 Faith that their ledgers are accurate is vital. This is because money is simply a social convention. It exists and has value, because we agree that it does. This agreement only works because we put trust in financial institutions such as banks. Bitcoin does not require trusted.

 Institutions nakamoto wanted to create a secure system that did not rely on any trust at all. To achieve this, the coins are registered on a revolutionary technology called a blockchain, which is a ledger of transactions that is not held by a centralized institution. Instead, transactions are verified and logged by a network of computers all over the world. In a process known as mining. We’re combining this for two purposes: one is to put new bitcoin in circulation and the second one, which is also essential, is to verify transactions on the network [ Music ].

 But it’s a complex process. If someone wants to make a transaction, everyone on the network is alerted, the transactions are verified by so-called miners. First, they check the transactions are legitimate. Once a miner has checked a few thousand transactions, they group them together in a block. That’S the easy part.

 The bitcoin miners then race for the right to add this block to a string of those previously made known as the blockchain. To do this, they compete to solve a complex numerical problem. The miner that solves it first sees their block added to the chain and they are rewarded in bitcoin. This whole process is incredibly energy intensive and is contributing to the climate crisis. As of may 2021, bitcoin mining used more electricity annually than the whole of the Netherlands.

 To keep bitcoin scarce and to help maintain its value, the number of bitcoins that can be mined is capped at 21 million. To date, almost 19 million bitcoins have been mined, but it cannot yet be classified as money for something to be considered money. It has to work in three ways as a medium of exchange as a store of value and as a unit of account for all the main functions of money that you can think of. Actually so far, bitcoin is not superior to the solutions that we already have, which are shared money and other ways of paying, and that’s you know the main reason why it you can’t really call it the currency now, here’s why fundamentally, bitcoin is a string of code With limited use like a gold bar, it doesn’t produce any revenue, but compared with the price of gold, the value of a single bitcoin is hugely volatile, and a single tweet can change people’s faith in it as a future currency. As a result, its price moves wildly up and down as people buy and sell it, and, unlike the dollar, there’s no central bank or government to defend its value.

 This volatility also makes bitcoin very hard to use as a medium of exchange. So a seller on amazon is unlikely to accept bitcoin for their goods as the following day. The price could vary dramatically, as happened on may 19. 2021. The price dropped almost 8 000 in less than an hour, but that’s not stopping el salvador.

 The central american country has become the first to adopt bitcoin as legal tender. It’s a major gamble. Bitcoin doesn’t really work as a means of payment because it’s very inefficient it can process only 10 transactions per. Second. When you know visa, the credit card company can do as much as 24 000 per second, so if bitcoin doesn’t work as a way of paying for things, what gives it value like shares and bonds, it’s also traded as an investment.

 This has led to a speculative mania where teenagers have become millionaires. It’s not just a maybe a get-rich-quick scheme as a lot of people put it, but i see it as the future of currency and others have lost it all. Literally in 2013, one unlucky man in wales even scoured a rubbish dump for a hard drive containing 7500 accidentally discarded bitcoins. Without that file, there is no way of getting the money back, because there is no central um central server that records a log of it today that hard drive would be worth 218 million dollars, if only he could find it, but investing in cryptocurrency is no longer For early adopters and armchair investors, it’s attracting attention from some of the world’s biggest banks, including morgan stanley, which now offers investors access to bitcoin funds, but even cautious buy-in from some financiers brings greater scrutiny. Banks are taking tentative steps to get into bitcoin.

 Regulators are watching this closely and so far they’ve only allowed a limited set of things that banks can do. They can provide access to the market to clients, but they can’t bet on the market themselves, for example using their own capital, and regulators are also wary, because bitcoin has a dark side: so bitcoin has been used to fund criminality or to launder money. Uh, if you venture on the dark web for example, which i did for an article recently you’ll find that everything from stolen credit card details to to drugs is priced in bitcoin. There’s has also been a lot of theft from crypto exchanges and a lot of fraud, and it’s not just criminality that is ringing alarm bells. Leading economists have warned that bitcoin is a dangerous bubble destined to burst and join the graveyard of historically hyped-up investments like the tulip mania of the 1630s, where the price of tulip bulbs rose sharply before spectacularly crashing or the dot-com boom in the late 1990s in 2018.

 There was reason to believe the skeptics might be right: the sharp surge and later drop in the price of bitcoin mimicked, these historic bubbles, a pattern which continued into the first half of 2021. The price soared to over 60 thousand dollars only to fall again. The bitcoin market is very fragile in 2020 and 2021 we’ve seen these students, you know sharp drops in in price on the basis of very little and then they partially recover, for you know other bits of news that that are completely unpredictable supporters, see cryptocurrency as a Burgeoning asset class with real value more like gold than tulips, but the jury is still out on whether the comparison is accurate, bitcoin or another cryptocurrency might become. You know relatively stable or trusted asset class like gold, but it’s too early to tell because you can see today as soon as people think it’s no longer a good investment, then dumb and plummets and value with it. Perhaps the biggest winner from its climb is bitcoin’s.

 Mysterious inventor satoshi nakamoto, assuming of course that nakamoto is a real person who is still alive, they’re thought to own more than 1 million bitcoin, currently worth around 37 billion dollars. Bitcoin may yet become a stable asset like gold or prove to be a bubble that bursts spectacularly. But one thing is for certain: the utopian dream of bitcoin becoming a new form of money beyond the control of governments and central banks is still as elusive as the technologies creator. Visit Crypto Swami for Bitcoin and Crypto News.

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Are cryptocurrencies a good investment ?

Cryptocurrencies are good investments if you want to get direct
exposure to the demand for digital currencies, but a safer option is to
buy shares of those companies that deal with cryptocurrencies.
Cryptocurrency mining stocks are also an option you can consider.

It’s possible to get filthy rich by investing in cryptocurrency in 2021. But you could also lose all of your money. How can both be true? Investing in crypto assets is risky but also potentially extremely profitable.

With cryptocurrency being young, and the market being historically
volatile, there is no ‘yes or no’ answer about the wisdom of investing
in cryptocurrency. It is with this in mind that we cover some pros and
cons and friendly (but not professional) advice.

Is cryptocurrency safe and a good investment ?

Just like anything else in life, cryptocurrencies come with their own
baggage of risk. Whether you trade cryptos, invest in them, or simply
hold on to them for the future, you must assess and understand the risks
beforehand. Some of the most talked-about cryptocurrency risks include
their volatility and lack of regulation. Volatility got especially out
of hand in 2017, when the price of most major cryptocurrencies,
including Bitcoin, skyrocketed above 1,000 percent and then came
crashing down.

How to invest in cryptocurrency

VEJA ATÉ O FINAL!😱Curso Mestres do Bitcoin 3.0 Funciona?Mestres do Bitcoin Vale a Pena?Depoimento

VEJA  ATÉ O FINAL!😱Curso Mestres do Bitcoin 3.0 Funciona?Mestres do Bitcoin Vale a Pena?Depoimento
✅Site Oficial:👉https://bit.ly/Curso-MestresdoBitcoin…
✅Site Oficial:👉https://bit.ly/Curso-MestresdoBitcoin…
===========================================================
Olá pessoal nesse vídeo contei a minha experiência com o curso Mestre Do Bitcoin 3.0 muitas pessoas não te fala a realidade e nesse vídeo falei justamente isso, então se não deseja se arrepeder assista até o final para que possa entender.
✅Curso Mestres Do Bitcoin 3.0 Como Fuciona?
O curso mestres do bitcoin 3.0 foi desenvolvido para pessoas que queiram iniciar no mercado de criptomoedas, ele vai te ensinar do zero todo passo a passo, em vídeo aulas indo dos passos iniciais até ao avançado, você vai aprender e ver na prática do início ao fim como fazer um investimento altamente lucrativo, multiplicável e escalável.
✅Curso Mestres Do Bitcoin 3.0 Funciona ?
Sim o curso mestres do bitcoin 3.0 funciona muito bem, independente se você for Iniciante, intermediário ou avançado, todo o treinamento foi desenhado para te ajudar a potencializar seus resultados
Curso Mestres Do Bitcoin 3.0 Funciona Mesmo ?
Muitos alunos do curso estão conseguindo ganhar muito dinheiro através do mercado de criptomoedas, através do conteúdo que o curso ensina, você também vai receber certificado 
Curso mestres do bitcoin 3.0 funciona mesmo!
Curso Mestres Do Bitcoin 3.0 Benefícios:
– tudo sobre o mercado de criptomoedas;
– vídeo aulas indo dos passos iniciais até ao avançado;
– investimento altamente lucrativo, multiplicável e escalável;
✅Curso Mestres Do Bitcoin 3.0 Onde Comprar?
Para você comprar o curso mestres do bitcoin 3.0 original é necessário se garantir que esta no site oficial do curso, pois esta tendo muitos golpes e pessoas vendendo o curso falso, tome cuidado.
✅Site Oficial:👉https://bit.ly/Curso-MestresdoBitcoin…
✅Site Oficial:👉https://bit.ly/Curso-MestresdoBitcoin…
#cursomestresdobitcoin #mestredobitcoin3.0 #cursomestredobitcoin3.0funciona
VEJA  ATÉ O FINAL!😱Curso Mestres do Bitcoin 3.0 Funciona?Mestres do Bitcoin Vale a Pena?Depoimento
VEJA  ATÉ O FINAL!😱curso mestres do bitcoin 3.0 Funciona?Mestres do Bitcoin Vale a Pena?Depoimento
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Will Crypto and Bitcoin Be a New Asset Class?

What does the blockchain mean to you? Bitcoin is an electronic money,
while Ethereum is known as the “globe computer,” a computer system that
customers all over the globe can utilize together, powered by the
blockchain. In the “world computer”, we would be able to build and
release our own applications, which would function seamlessly together
to finish jobs; we would additionally be able to conserve our
information onto the world computer. This suggestion, and all the
opportunity it has, has actually delighted me from the initial day I
became aware of Ethereum. There are many other tasks available intending
to develop a better “world computer.” Yet I have actually established a
various sight by asking one easy inquiry:
Does the blockchain requirement to be a “world computer system”?

The truth is, prior to the blockchain, we already had a “globe computer
system.” We called it “cloud computing.” The solutions supplied by cloud
computing can be accessed by individuals around the world. With these
solutions, we can develop as well as deploy our very own applications
and save application information. Applications can after that utilize a
communication procedure such as HTTP and a public API user interface to
work together and also finish jobs. In the last few years, cloud
computer has actually continued to develop, from IaaS to PaaS to FaaS.
Cloud computer’s degree of abstraction is obtaining greater and also
higher, its capabilities are expanding more and more powerful, and also
its usage is coming to be an increasing number of hassle-free.

If you are wanting to utilize blockchain as a globe computer, you need
to admit that the blockchain is inferior to the cloud computing platform
in several facets: the cloud computer platform can support endless
throughput and also offer near-perfect privacy defense in between
individuals. However we understand that the negative aspects of
blockchain are not the outcome of laid-back errors. However, Satoshi
recognized exactly what he/she wanted. In his/her opinion, it was
worthwhile to surrender something for that objective.

Is coming to be a “world computer” truth goal of the blockchain? Do we
need to make use of the blockchain as a “world computer system”? I have
been asking myself these inquiries.

crypto

Is XRP The New Bitcoin? – Article #1

Is XRP The New Bitcoin? – Article #1

Ripple “XRP” is by far one of the best cryptocurrency to invest in 2021.  There are a variety of reason’s many experts considers XRP to be the next Bitcoin.  At only $1.34 a share, I want to highlight an March 9, 2021 article that appear on Nasdaq.com:

Here’s Why Ripple XRP Could Be the Crypto Option to Own Right Now

As far as cryptocurrencies go, Ripple (CCC:XRP-USD) is a micro-cap option compared to juggernauts Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD).

xrp-1-300x169.jpg

Source: Shutterstock

That said, investors in XRP appear to like the growth trajectory of this smaller cryptocurrency relative to its larger peers.

Indeed, as any “investment” grows to a formidable size, long-term growth prospects tend to decline.

Those bullish on a growth area ought to focus on the smaller-cap players. That is, if investors think such companies (or in this case, cryptocurrencies) have a shot at growing their influence relative to their peers.

Here’s a look at why XRP stock could be a winner among its peer group for such investors.

Ripple Built for Business

When XRP was initially designed, investors had a goal in mind. Ripple’s founders wanted to create a cryptocurrency designed specifically for real-world use cases. This is an extremely important fact, and one investors need to take seriously.

Personally, my take on cryptocurrencies is that most digital coins don’t have a visible path to becoming a ubiquitous payment method. The case can be made that various digital tokens are certainly a store of value. However, as far as being “currency-like” in common every-day transactions, cryptocurrencies have little utility.

I’m not going to want to be paid in a currency that could appreciate or depreciate by double-digits on a daily basis. Buying that loaf of bread becomes a lot more difficult to do when we’re talking about six or seven decimal places, in the case of Bitcoin.

However, XRP was designed to handle payments. Specifically, XRP solves a key problem in cross-border payments involving two disparate currencies. The XRP decentralized blockchain technology allows for transactions to be settled almost instantaneously.

For those aware of how the SWIFT process works, this technology is a huge upgrade. Having a transaction approved in as little as 3-5 seconds as opposed to 1-5 business days is a real-world upgrade.

XRP2-300x180.jpeg

Ripplenet a Big Deal

Another key factor to consider is XRP’s existing global payment platform, Ripplenet. This is a decentralized network using XRP’s ledger and the XRP cryptocurrency to provide a global payments platform for users.

This platform is widely used globally and is growing in its influence, though perhaps maybe not to the degree many have expected in recent years.

The advantage of using Ripplenet is mainly related to the transaction headaches caused by international transfers. There’s a lot to do when undertaking a foreign transaction.

Where to buy RPX?

Loading up an account with foreign currency is eliminated with Ripplenet. As is paying a (sometimes hefty) currency exchange fee to a financial institution. Of course, waiting for days to have the transaction cleared can be the most annoying part.

Ripplenet provides businesses with a cheaper and more efficient option. Transactions are settled immediately, and in the local currency on both sides. This is obviously advantageous to large multinational companies and those with cross-border banking needs.

The Bottom Line on Ripple

In general, cryptocurrencies are still nascent in respect to wide-spread usage. However, as I’ve pointed out, the real-world use cases for XRP are attractive.

Accordingly, I think investors with a bit of “fun money” and the inclination to bet on these speculative assets might want to consider Ripple. As far as long-term bets go (and I view all cryptocurrencies as speculative long-term bets), Ripple’s use case is certainly interesting. I like the highly-applicable nature of XRP relative to its crypto peers.

The extent to which XRP continues to grow its share of the ForEx transfer market remains to be seen. However, I like the targeted niche Ripple and XRP operate in right now. This is a cryptocurrency with a purpose.

That said, I’d caution investors to invest only what they can afford to lose in XRP, or any of its competing crypto options right now. It’s impossible to say what the market capitalization of these digital tokens could (or should) be, so trade carefully.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.

The post Here’s Why Ripple XRP Could Be the Crypto Option to Own Right Now appeared first on InvestorPlace.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

That being said, imagine if you bought 100 shares of “XRP” today.  100 shares x 1.34 = $134.00. Do the math.  If XRP does as good as many expect them to, your $134 investment can easily skyrocket your returns:

If / When XRP hits $50, 100 shares would be worth $5,000

If / When XRP hits $100, 100 shares would equal $10,000

Imagine if / when XRP hits $1,000.  With only 100 share would equal $100,000.  The SKY could be the beginning.  Not even the limit.

Remember, the naysayers said Bitcoin would NEVER make it when it was $1 a share (11 years ago).  Today it is Bitcoin is worth $56,000

Click-to-buy-XRP-300x158.png

Spread the news.  Share this article!

where to buy ripple

How to make money online trading bitcoin cryptocurrency

 So you want to learn how to make money online trading bitcoin and crypto currencies? If this is the start of your journey into the Blockchain form of digital money called crypto for short, welcome aboard! In order to get started making money online on the bitcoin or ethereum network you are going to need a digital crypto wallet. Crypto currency wallets come in 2 types A) Online Crypto Exchange which are considered ‘centralized’ meaning you use a website to access your crypto currency portfolio holdings. The advantages are easy graphical user interface (GUI) like CoinBase. This type of crypto currency platform usually requires an email address and KYC (Passport or Drivers Lic.) requirements for banking. This is the easiest way to convert money from your checking account or credit card accounts into Bitcoin or Ethereum. The disadvantage is the the ‘centralized exchange’ has the ‘Private Keys’ (Secure Encrypted Codes) to your Bitcoin and other crypto currency holdings. 
        Bitcoin and Ethereum blockchain networks were created for peer-to-peer exchange. Which is a ‘decentralized platform’ were No-One but You the crypto holder holds the ‘Private Keys’ (Secure Encrypted Codes). You can sign up for a crypto-wallet thru the APP Store of your cell phone or Web-Browser Crypto Wallet using Meta-mask which gives you the ‘Private Keys’ of ‘Encryption codes’ upon sign up. What gives Bitcoin and Ethereum Value? Encryption 
        The Blockchain network of Bitcoin and Ethereum use large amounts of computer power and computer resources to solve math mathematics to solve and verify complex equations (Blocks). Each computer in the network verifies the answer to the mathematical equation. The group or network of computers that solves each (Blockchain) equation gets rewarded in Bitcoin or Ethereum. Bitcoin and Ethereum use two different types of computers to ‘Hash’ these math problems. Thus Bitcoin and Ethereum networks operate differently. But many cryptocurrency projects (Thousands) have come online since Bitcoin was started.
        Once you get your bitcoin or ethereum digital wallet and you (Saved Your Private Keys!) you can buy bitcoin online using your credit card or bank account. Look you started making money online with crypto currency already! Now you might want to try a bitcoin crypto currency day trading platform. Being new you might want to paper trade until you get the hang of crypto trading. Since there are so many crypto currency exchanges and platforms there is always crypto trading arbitrage. This is the price difference between different platforms and exchanges. Using a crypto trading arbitrage software helps to remove the price swings in bitcoin trading. 
        Social Signals which come from crypto currency news can be tested and copied using aa automated crypto bot market place and platform. Crypto Hopper provides crypto signals and strategies in the form of crypto trading templates called hoppers. You can paper trade your crypto currency portfolio holdings and copy the signals and strategies of crypto traders who have back tested there own artificial intelligent (AI) software. This platform makes it easy to test your own crypto trading signals and even sell your social crypto signals inside the marketplace.

How to make money online trading bitcoin cryptocurrency

 So you want to learn how to make money online trading bitcoin and crypto currencies? If this is the start of your journey into the Blockchain form of digital money called crypto for short, welcome aboard! In order to get started making money online on the bitcoin or ethereum network you are going to need a digital crypto wallet. Crypto currency wallets come in 2 types A) Online Crypto Exchange which are considered ‘centralized’ meaning you use a website to access your crypto currency portfolio holdings. The advantages are easy graphical user interface (GUI) like CoinBase. This type of crypto currency platform usually requires an email address and KYC (Passport or Drivers Lic.) requirements for banking. This is the easiest way to convert money from your checking account or credit card accounts into Bitcoin or Ethereum. The disadvantage is the the ‘centralized exchange’ has the ‘Private Keys’ (Secure Encrypted Codes) to your Bitcoin and other crypto currency holdings. 
        Bitcoin and ethereum blockchain networks were created for peer-to-peer exchange. Which is a ‘decentralized platform’ were No-One but You the crypto holder holds the ‘Private Keys’ (Secure Encrypted Codes). You can sign up for a crypto-wallet thru the APP Store of your cell phone or Web-Browser Crypto Wallet using Meta-mask which gives you the ‘Private Keys’ of ‘Encryption codes’ upon sign up. What gives Bitcoin and Ethereum Value? Encryption 
        The Blockchain network of Bitcoin and Ethereum use large amounts of computer power and computer resources to solve math mathematics to solve and verify complex equations (Blocks). Each computer in the network verifies the answer to the mathematical equation. The group or network of computers that solves each (Blockchain) equation gets rewarded in Bitcoin or Ethereum. Bitcoin and Ethereum use two different types of computers to ‘Hash’ these math problems. Thus Bitcoin and Ethereum networks operate differently. But many cryptocurrency projects (Thousands) have come online since Bitcoin was started.
        Once you get your bitcoin or ethereum digital wallet and you (Saved Your Private Keys!) you can buy bitcoin online using your credit card or bank account. Look you started making money online with crypto currency already! Now you might want to try a bitcoin crypto currency day trading platform. Being new you might want to paper trade until you get the hang of crypto trading. Since there are so many crypto currency exchanges and platforms there is always crypto trading arbitrage. This is the price difference between different platforms and exchanges. Using a crypto trading arbitrage software helps to remove the price swings in bitcoin trading. 
        Social Signals which come from crypto currency news can be tested and copied using aa automated crypto bot market place and platform. Crypto Hopper provides crypto signals and strategies in the form of crypto trading templates called hoppers. You can paper trade your crypto currency portfolio holdings and copy the signals and strategies of crypto traders who have back tested there own artificial intelligent (AI) software. This platform makes it easy to test your own crypto trading signals and even sell your social crypto signals inside the marketplace.