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
bitcoin revolutionary crytocurrency
Want to Know Bitcoin’s Value?
So, what's bitcoin's real value? The truth is, no one can agree. But that’s what two economists recently tried to determine during a night out, that is, they tried to figure out bitcoin’s value. They called their process Côtes du Rhône theory. Yep, you guessed it, that’s the wine they were drinking.
cryptocurrencies are here to stay
Smashing the Paradox
As the crypto revolution takes off, we will be able to leave a broken financial system behind. The slow, inefficient and expensive system that caused the GFC and the dotcom bubble. And by staying in the right cryptos, there is a way to profit from the revolution.
bitcoin price crash
Bitcoin Works!
The crypto market is no stranger to big numbers. Filecoin raised $187 million in one hour in its ICO. Ark — a ‘blockchain platform’ — went up 1,000 times. Nano, whatever that is, rose 3,747 times, transforming an initial investment of $500 into $1.8 million. And there may be more big gains coming in the crypto space. Very, very few people own cryptos. They represent a tiny percentage of money transactions.
crypto
You Could Have Made 70,000% by Investing in ‘Green Beans’
Why are cryptos so interesting for the area? Apart from the attractiveness of recent gains, inflation and hyperinflation are both quite common in the area. As Bloomberg reports, trading volume in cryptocurrencies has increased quicker in countries with capital controls and weakening currencies.
digital currencies and the blockchain
Private Currencies vs. Public Money
Blockchain is definitely allowing people to think about the future of money and how we use that money. And the rise of parallel currencies could increase competition for central banks. That is, if the central bank printed too much money and devalued the currency, people could flock to a more stable private currency.
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Want Some Free Bitcoin?
Well, not exactly free. It does require you to do some work. As Bauch told Gizmodo, he bought several cryptos and put them in individual wallets. Each piece in the series has a secret key embedded for each wallet. In total, there is about US$10,000 in crypto. Yet knowing cryptocurrencies this could be worth a lot more (or less) tomorrow.
Forget Bitcoin and Focus on Stocks
Forget Bitcoin and Focus on Stocks
Have you heard the latest news? Twitter banned advertisements on cryptocurrency initial coin offerings (ICOs). Bitcoin fell 7% on the news. It's currently trading below US$8,000 at the time of writing. Weeks of regulatory uncertainty has weighed on the digital currency.
bitcoin cryptocurrency money
Is This the Future of Money?
In a crisis, cash is king. But with physical cash disappearing, we are losing control over our own money. Cryptos, being outside of the system, could give you another option to access cash to buy necessities or move money in a time of crisis.
bitcoin dead?
Is Bitcoin Dead?
The truth is that bitcoin divides the financial community. US Securities and Exchange Commission may be cracking down on ICOs, but the crypto space doesn’t care. The fact that institutions like Goldman Sachs are investing in the crypto space and blockchain could mean that they are here to stay.
bitcoin price falling could be a good thing for investors
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.
bitcoin futures
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?
warren buffet
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.
bitcoin price crash
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.
crypto bubble
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.