Bitcoin

You’ve probably heard of bitcoin by now. That whimsical internet money that everyone seems to be talking about.

It’s divided the financial world unlike anything we’ve seen before. Some people believe it will usher in a new era of payments, others think it’s ballooning into the biggest scam the world has ever seen.

Either way it’s hard to ignore bitcoin and its incredible growth in recent years. Whether it’s going up or down it certainly isn’t boring. But you’re probably wondering what it even is?

Is it a currency? Is it a store of value? Is it a security?

The short answer is: It could be all three or it could be none of the above. Bitcoin is unlike any other financial instrument we’ve ever seen. And it’s still evolving right in front us every day.

Which is probably why you’re here.

Understanding what bitcoin is

Here we aim to demystify everything there is to know about bitcoin. We’ll help you understand what it is, what’s going on with it and maybe even tell you why you should or shouldn’t buy it. Including analysis on why the price is where it currently sits, and more importantly, where it’s headed.

Whether you’re a complete novice, or an experienced pro, we cater to everyone. Throwing away the unnecessary jargon and bias to bring you the cold, hard truth of the matter.

We can’t promise it will be easy, but we will keep it as simple as possible. After all, we’re here to help you make up your own mind on the matter. Believe us, it will be worth the effort in the long run.

Whether you’re an avid supporter or staunch critic, bitcoin isn’t going away anytime soon. Which is why it’ll be worth staying one step ahead of the rest. This is your chance to get a leg up over the mass media and the rest of the mainstream rabble.

The crypto craze

While you may be familiar with bitcoin, you’ve got to understand it’s not the only asset like it. Cryptocurrencies or ‘cryptos’ have burst onto the financial scene lately. You may have heard of some of them, such as: ethereum, ripple or litecoin.

These cryptos represent an entirely new marketplace. One where bitcoin is king. An investment market that is unlike any the world has ever seen.

The volatility in the crypto market is truly something else. Prices can see percentage gains in the hundreds or even thousands in mere hours. But, they crash just as hard, and just as fast. It’s unlike anything we’ve ever seen before. Which is why you have to keep your wits about you.

No room for dumb money

While bitcoin and cryptos represent a huge new opportunity there are still risks. There’s no regulation, no one to call when things go wrong, no rules at all. Make no mistake. This isn’t for the unprepared.

But, if you’re willing to learn and be patient there is opportunity. And a massive one at that.

You’ve already taken the first step by reading this, but there is more to learn. Find out everything you need to know about bitcoin today by reading the stories below.

Read more
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Why the Falling Bitcoin Price Is Good for Crypto Investors
A crashing bitcoin market has scared many people. But that could be a good thing. It means all the people speculating on cryptos are most likely pulling out of the market. Leaving it wide open to everyone that believes in the long-term potential of this technology.
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An Important Day for Bitcoin
The first month of bitcoin futures trading has been interesting to say the least. It’s taken place against a backdrop of bitcoin rising 50% in a few weeks, only to fall 50% weeks later. So, what do we know now that bitcoin futures have been around for over a month?
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Why Buffett’s a Broken Clock on Bitcoin
Warren Buffett admits he doesn’t know anything about bitcoin, but still predicts they will end badly. Unfortunately for his legions of supporters, the ‘Oracle of Omaha’ has a track record of missing out on big tech trends.
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Bitcoin Price Tumbles on Clampdown
The bitcoin price has tumbled since the beginning of the week. In the last 48 hours, the price of bitcoin has dropped over 15%, to a low of US$14,365.88. At time of writing bitcoin is recovering.
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Cryptos Are in Fin de Bubble Mode
Cryptos are clearly in Full Bubble mode. The original premise of bitcoin was that the quantity of the new currency was limited by the unbreakable bonds of its governing algorithm. Alas, new cryptos seem to be coming online faster than 100,000 bolívar notes from Venezuela’s central bank.
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Why Blockchain Could Outrun Bitcoin in 2018
Not everyone has the stomach for such a turbulent investment rollercoaster like Bitcoin. The uncertainty about the future of cryptos remains palpable. In the meantime, blockchain technology continues to prove itself as well-grounded tech with revolutionary potential. And the companies that have utilised it effectively have been rewarded with immense success.
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Why 2018 Could Be the Year of Bitcoin
Part of Bitcoin's value is based on what it can currently do — namely store and transfer your wealth in a decentralised non-government controlled system — and part on what it will be able to do in the future. It’s the second part I want to talk about today. That’s the part the critics overlook. Because 2018 is set to be a very exciting time for bitcoin development.
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Where the Real Risk Resides
Individual investors aren’t a systemic risk. Individuals don’t have a large enough access to borrowed capital (loans) to create that risk. The risk, as always, is in the hands of the know-it-alls and big heads on Collins Street, Martin Place, Wall Street, and in the City of London.
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Bitcoin to Hit $100,000 in 2018?
It appears one of the world’s biggest tech investors has been quietly buying up bitcoin. 2018 should see some big strides in their technical progress. The big money knows this and is starting to move in. But they don’t want to show their hand yet.
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The Three Most Remarkable Surprises of 2017
In summary, bitcoin helped us to understand money. Donald Trump helped us understand politics. And negative interest rates left us confused and depressed. Of the three remarkable things that happened in 2017, negative interest rates may be the most remarkable of all. They shouldn’t exist.
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The Investors Making Huge Gains without Bitcoin
In spite of all the market shocks that should have crippled bitcoin, it’s up an incredible 1,564% as at last night. Of course, these stomach-churning drops of 40–50% aren’t for every investor. Yet there are other ways to make bitcoin-like gains potentially without delving into the cryptocurrency market. And many of those opportunities are to be found on the ASX.
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Why Are Banks So Keen to Kill Off Bitcoin?
Powerful banking institutions have been quick to ridicule cryptos. Of course, the government doesn’t like the idea of a decentralised power having control over the money supply. The central bank/government duopoly over the money supply is what it prefers. So the government have a vested interest in maintaining the current monetary system.
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Cybercrime Becomes Violent as Cryptos Soar
When considering cybercrime, most people think of this brand of untraceable theft. One that seems to be an unfortunate reality for crypto owners. But evidently, cryptos can still be stolen the old-fashioned, gun-to-the-head way.
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How the Fake Boom Ends
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Bitcoin: The Folly of Millennials
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