How Does Cryptocurrency Gain Value?

Special integrated circuit machines for ASCI or application came into the Bitcoin mining market. The first machine arrived at the miner’s home in late January, and since then, ASCI machines have reportedly been sent to the miner’s Bitcoin mining facilities.

Because ASCI machines are specifically designed for Bitcoin mining, they are highly efficient machines in the work they are designed to do. High-end ASCI machines have a hash rate of more than 1 million per second. A typical CPU running a Bitcoin mining program has a rate of 1.5 hash per second.

Needless to say, the supply of ASCI machines is a game changer in the Bitcoin world. CPUs are no longer supported by the Bitcoin mining program, because a CPU that runs 24 hours a day will not see Bitcoin for several years, even if it is drilling in a pool.

This trend favors those interested in mining, as well as those who have thousands of dollars to use on expensive devices, as well as those who are the first to implement Bitcoin mining, which has benefited greatly from their initial mining efforts. These initial gains could become the latest and greatest hardware and device device to continue generating bitcoins in the future.

The development of ASCI is most detrimental to miners who run relatively powerful GPUs. The difficulty in successfully extracting the Bitcoin block has risen to a level where the cost of electricity can outweigh the cost that a GPU miner will see in Bitcoin year after year.

All these assumptions are closely linked to the stability of the price of Bitcoin. If Bitcoin stays around the current level of 30 usd, innovations will continue to move forward. ASCI has partially contributed to the rally that Bitcoin has seen in the last two months. The dollar exchange rate for Bitcoin has risen from $ 10 to $ 30. It is difficult to find such a profitable investment anywhere in the world, so it is natural that Bitcoin has attracted attention in recent days. Will this focus continue? If so, will it bring more research and volatility than stability in the young digital currency? Relative stability in the long run is a feature that Bitcoin must build to achieve its original goal of becoming a globally viable and competitive currency.

So will Bitcoin surpass the existing speculative tool label? The answer lies in a network of complex variables that cover a wide range of humanity: politics, psychology, finance, fear, freedom, privacy, security … Regardless of the outcome, it will be an interesting show.

Bitcoin is a digital currency based on a peer-to-peer network. It was introduced in 2009. What distinguishes this type of currency from the common currency used is that it is decentralized and does not depend on any bank or government agency. However, Bitcoin offers many advantages. For example, it has lower transaction fees than conventional payment mechanisms. Let’s take a look at the 4 benefits you can get if you invest in Bitcoin. Read on to find out more.

Multiple Uses

Initially, Bitcoin users used the currency to conduct ordinary financial transactions without paying many fees. Since then, the currency has been used for many other purposes.

In fact, Bitcoin uses blockchain technology to facilitate digital transactions. Therefore, all transactions are first checked and approved. In addition, all transactions can be viewed online through a database available on the blockchain website.

In addition, Bitcoins can be used for land ownership, insurance claims, and more. can be used to digitally trade securities. However, it should be noted that these uses are under development. Therefore, they have not yet become part of the mainstream.

However, the currency has been quite successful. Therefore, it made a revolution in the whole industry. According to many researchers, the value of Bitcoin will continue to grow in the future. Therefore, if you want to get a big return on your investment, it is a great idea to invest in BTC.

Expected Earnings

First of all, it should be noted that the potential return on investing in Bitcoin is higher than the potential loss. According to many cryptocurrency analyzes, bitcoin will become an international currency. In other words, the chances of losing money are lower than the chances of making significant gains. So, this is a safe investment.

If that happens, it will boost global trade. As a result, the value of Bitcoin will increase by 20,000 times its current value. However, this can only happen with the recognition of this currency as a reliable currency for domestic and international trade.

Interest in your investment

Because Bitcoin is considered a commodity currency, you can invest in Bitcoin just like you would invest money in any business using traditional fiat money. So you can earn interest on the money you invest. In addition, you can sell your Bitcoins after gaining value.

Easy Introduction

Interestingly, you don’t need to keep your Bitcoins for long in order to make a certain profit. Depending on how much money people transfer to the Bitcoin network, you can also make a profit in a short time.

In short, investing in Bitcoin in 2019 is a great idea. Just make sure you follow the latest developments to take advantage of the opportunities available.

Of course, there must be a reason why online currency trading has become a popular phenomenon today, rather than just a trend. As the number of investors willing to invest in trading has grown rapidly, the market has become one of the most suitable options today. It was noted that even currency exchange sites have benefited greatly from this sudden increase in investors.

One potential reason is that forex trading has fewer rules than traditional markets. The reason for this is simply that it is not substantiated in one place. Investors from all over the world connect to the Internet 24 hours a day, where many transactions take place. There are few restrictions, and investors are much freer than their counterparts in stock trading or stock trading. The lack of restrictions also allows virtually anyone with a computer and internet connection to participate in the purchase and sale of currencies.

With the availability of forex guides and websites that have currency exchange software, investing has become especially easy, even for stay-at-home moms or students looking for additional sources of income. There are various strategies that investors can implement or formulate to be successful in foreign exchange trading. One of these strategies involves using market forces.

In addition to all the obvious advantages and benefits that Forex offers to its shareholders, the basic support structure offered by brokers and brokerage houses makes it easier for beginners to find their way in the market in as little time as possible. Training programs encourage investors to go beyond the currency changer when working with currency pairs to trade. With an improved support system, trading currencies, for example, is starting to look as easy as paying your bills online.

These training programs often come with fake accounts that you can use and manipulate to learn more about how the market is moving. By participating in training programs and taking a practical approach through dummy accounts, it should be easy enough for everyone to easily learn the ropes in currency trading. Similarly, brokerage firms and forex brokers have made it extremely easy for people to access the latest information, the latest market updates and technical analysis, advice, general rules and general market observations by making these documents available for online viewing on their websites. websites.

What more could you want with all these advantages and benefits? While it is true that there are risks in this trade, as in any other market, these risks can be easily avoided by firmly adhering to the concepts and principles that operate the currency trading or currency trading gears. Without this knowledge, you will have to rely on dumb chance or fate, and unfortunately, this can only result in many disasters.

Investors from all over the world are trying to make money in the volatile Forex market by trading the cryptocurrency Bitcoin. It is very easy to start trading online, but it is important to know that there are risks that are not taken into account for you.

As with any speculative or exchange market, Bitcoin trading is a difficult task, which can cost you a lot of money, especially if you don’t understand it properly. Therefore, it is important to know about the associated risks before deciding to start a business.

If you are a beginner interested in trading Bitcoin, then you must first understand the basics of trading and investing.

Avoid the common mistakes that new traders generally make

Invest wisely

Any type of financial investment can cause a loss instead of a profit. Similarly, with a highly volatile Bitcoin market, you can expect both gains and losses. It’s all about making the right decisions at the right time.

Most beginners are generally prone to losing money by making wrong decisions driven by greed and poor analytical skills. Experts say that if you are not ready to lose money, you should not trade. Basically, such an approach helps you to cope with the worst opportunities.

Diversify your portfolio

First, successful traders diversify their portfolios. If most of your money is spent on one asset, the risk increases. It is difficult for you to cover losses from other assets. You can’t lose more money than you invested, so avoid investing more in limited assets. This will help keep the negative trades large enough.

Second, investing more cash than you can afford will also cloud your ability to make sound decisions. In most cases, when the market shrinks a bit, you will be forced to choose “desperate sales”. Instead of continuing to decline, investors who over-invest in trade are forced to panic. The person will feel the desire to sell the holding at a lower price to reduce losses.

You will lose more money when the market recovers. This is because you have to save the same, but at a higher price.

Set Goals – Emotions blind you

When trading Bitcoin, setting a goal for each transaction is very important. This helps to lift your head, even in extremely unstable conditions. Therefore, in order to stop your losses, you must first determine the price.

The same rule applies to profit, especially if you control your greed. The advantage of setting goals is that you can easily prevent making decisions based on emotions.

Instead, you should try to improve your skills in reading charts and conducting market analysis. It is also advisable for new traders to close their lost positions within 24 hours to avoid paying interest again.

In 2017, Bitcoin experienced a huge increase, and people made a lot of money in the process. Today, Bitcoin is one of the most profitable markets. If you are just a beginner, you may want to do your homework before investing in Bitcoin. Here are 5 expert tips to help you avoid some common mistakes when trading Bitcoin.

1. Learn the Basics First

You may want to learn the basics first to get a better idea of ​​how to buy and sell Bitcoin. In addition, you may want to read reviews of popular Bitcoin exchanges to find the best platform.

As with other financial investments, you may want to find ways to protect your investment. Make sure your assets are safe against fraud and cyber attacks. After all, security is the most important aspect of any type of investment.

2. Consider the market value

It is not a good idea to make such a decision based solely on the price of the coin. However, the value of a cryptocurrency is only valid if it takes into account the current supply in circulation.

If you want to buy Bitcoin, do not pay too much attention to the current value of the currency. Instead, you may want to consider total market capital.

3. Invest in Bitcion instead of Mining Bitcoins

The Bitcoin mining industry is rapidly gaining popularity. At first, earning Bitcoin by breaking cryptographic puzzles was not so difficult. Later, it was possible to withdraw Bitcoin only in special data centers.

These centers are full of machines designed for Bitcoin mining. If you want to build a mining center at home today, you may have to spend millions. So it is better to invest in Bitcoins.

4. Diversify your investments

New Bitcoin investors have a short-term passion for cryptocurrency. In fact, you can diversify your investment risk with Bitcoin. If you invest wisely in cryptocurrency, you can enjoy the rewards you earn by investing in Forex. All you need to do is put together a solid risk management strategy.

In other words, you may not want to put all your eggs in the same basket. So you may want to invest in other cryptocurrencies as well.

5. Set clean goals

Since Bitcoin is a new market, you may have difficulty knowing the right time to trade Bitcoin. The value of Bitcoin is volatile, so you need to have clear targets for profit and loss.

You may not want to make a mistake by making investment decisions based on your feelings. Taking wise steps can help you minimize losses and make good progress.

In short, if you are going to invest in Bitcoin, we suggest you follow the tips given in this article. This will help you to make wise decisions and at the same time be on the safe side. Just make sure you avoid common mistakes when managing this business.

We all knew that 1 BitCoin was worth more than $ 13,000, then suddenly collapsed and is now worth only $ 6,000.

People never know and do not understand the reason for this enemy, and I will explain it to you.

Initially, there was a total amount of BitCoin created by developers, and once it became valuable, there was a need to create more. Didn’t you all understand that? Let me explain better.

Imagine that from the beginning, bitcoin developers initially created 10,000,000 BitCoins. Now, 10,000,000 BitCoins have been put into circulation for individuals, so when 10,000,000 BitCoins are already owned by individuals around the world, their value began to rise.

Now the developers saw that their cryptocurrency had gained more value, but fewer individuals owned it, and more had to be created in order for more people to own it.

And what better way to generate more BitCoin?

If

1 BitCoin = $ 13,000.

Then

10,000,000 BitCoin = $ 130,000,000,000.

So there are $ 130,000,000,000 on the internet.

Then the idea came to the designers!

Let’s lower the price of BitCoin and use the remaining amount to generate more BitCoin.

I mean:

Since BitCoin has set up $ 130,000,000,000 on the internet, lower the price and earn more.

I mean

1 BitCoin = $ 13,000, then Now

1 BitCoin = $ 6,000

Thus, 2.2 BitCoin can be created from 1 BitCoin.

Now the question is, where is the newly created BitCoin?

It’s everywhere on the Internet !!!

It’s on every website you visit.

It’s on every social media platform.

It’s all over the world !!

He is in North America.

It is in South America.

He is in Africa.

He is in Asia.

It is in Europe.

Scattered everywhere !!!

All you need to do is start mining it.

How do you start extracting this cryptocurrency now?

There are many BitCoin Mining programs that I would recommend Web’Miner.

This is a program developed by Soft Tech Geeks in China. I have used it a lot, I use it whenever I want and I get a lot out of it.

Some will say, why are you sharing now?

Some will say, if it’s that easy, why not just Mine? So you can get everything for yourself.

Good designers are smart, they limit mining. The idea did not belong to a single person or a certain group of people.

The idea was that everyone in the world should have this cryptocurrency.

If you need help with Bit Coin mines, you can contact us

SOFT TECH GEKS

softtechgeeks@gmail.com

Thanks

Cryptocurrency has introduced not only the fastest way to transfer money, but also a new institution to trade and make money in addition to stocks and other goods. Although you can buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue trading with cryptocurrency. There are many exchanges where Bitcoin trading is safe and secure, and many advanced services also help customers. As a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is advisable to look at the opinions of some people before giving up one. Below is a brief overview of the world’s best Bitcoin exchanges.

CoinBase: This is probably one of the most well-known and largest Bitcoin trading exchanges with direct and binary object trading through the wallet. CoinBase was founded in 2012 by finding a venture for Y-Combinator and has grown rapidly since then. Its many options for depositing and withdrawing cash, wallet capabilities with numerous signature options for instant, more secure transfers between two CoinBases, Bitcoin deposits are insured against any loss, and more. Europe and the United States, which allow operations to be carried out without hindrance. It has relatively low transaction fees and offers a large number of Altcoin trades as well as Bitcoin trades.

CEX.IO: One of the oldest and most well-known exchanges, launched in 2013, as the Bitcoin Trading Exchange in London and also as an assistant to cloud mining. Later, its mining capacity increased so much that it captured about half of the network’s mining potential; but is now closed. CEX.IO allows customers to expand their Bitcoin trading to a greater extent, and it has the ability to offer Bitcoin immediately at the requested price. However, this exchange requires a slightly higher exchange rate, but this is offset by the security and opportunities that allow a multi-currency transaction (Dollar, Euro, and Ruble) to receive Bitcoin.

Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. Ethereum, as well as this highly liquid exchange for Bitcoin, has better options such as leveraging, margin financing and multiple order trading. In addition, Bitfinex offers customizable GUI features, limit, stop, stop, market, and more. offers many types of orders such as. The exchange also offers about 50 currency pairs that can be traded and easily withdrawn for everyone. One of the largest exchanges in terms of trading volume, Bitfinex offers a nickname for trades and only for some services that require identification. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.

Bitstamp: Founded in 2011, it is the oldest exchange offering cryptocurrency and Bitcoin trading. Most respected, because despite being the oldest, it has never been under security threat, and until recently. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin and Ripple, and is also available in mobile applications in addition to trading from the website. It has excellent support for European users or traders with Euro Bank accounts. Security is an improved and cold storage type, meaning coins are stored offline. So you can say that it is absolutely impossible for any hacker to leak. Finally, the sophisticated user interface shows that it is for professionals, not for the inexperienced user, and offers relatively low operating fees.

Kraken: It is one of the largest Bitcoin trading exchanges in terms of liquidity, euro cryptocurrency trading volume and Canadian Dollar, US Dollar and Yen trading figures. Kraken is the most respected exchange managed by the turmoil of cryptocurrency trading, and at the same time has managed to keep client amounts safe, regardless of the breakdown of other exchanges. With 14+ cryptocurrency trading objects, the user can deposit fiat and cryptocurrency with the same withdrawal ability. However, it is not suitable for beginners, but it has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is his public confidence and his first demonstration of volumes and prices at Bloomberg Terminal.

Passive income ideas were the trend theme of 2018, the waves are slowing down a bit this year, but the fact has never changed that people are constantly looking for ways to increase their earnings and enjoy financial independence. In this article

In 2018, I will share the top 10 passive income ideas that create waves and how you found them. passive income opportunities In 2019, in those ideas. But if you are familiar with the topic first, your first question is what is passive income?

Passive income simply means residual income, that is, money that does not require much time and effort over time from work you have done in the past or in a job you are doing now. In other words, passive income is the money you earn from part-time work. The money you earn from your work is different from the active income – the salary.

The biggest question people often ask is whether they will be able to live on their passive income. If you run your passive income sources and build a residual income stream, you may come to the point where your passive income can be equal to what you earn in your daily work. The goal is to create a large flow of passive income so that the result is equal to or greater than what you earn in your daily work. Even if you quit your main job and the system works automatically, your money comes in to pay the bills, you just manage it.

I think the question on your mind right now is whether there is something you can do part-time that will bring you almost full-time income. Yes, there is, in fact there is! We present the top 10 passive income ideas of 2018

1. Affiliate Marketing: Affiliate Marketing offers a great opportunity for people who don’t have their own product to take another person’s good product and make a profit from every sale they make. This is one of the easiest ways to start earning passive income.

2. E-book publishing: If you have an idea that can solve a specific problem, Kindle Publishing offers an easy way to place and publish it in book form. Publishing a book has never been so easy. Many people ask if there is a job you can start without money. This is one. Everything is free, if you can write, edit your book, create an attractive cover and write a good description for your book, you can start earning money right away.

3. Cryptocurrency: Cryptocurrency gained good attention in 2018 as a source of residual income generation. There are two ways to make money with cryptocurrency. That is trade and mining. The good thing about this system is that you can trade from your mobile phone.

4. Network marketing: Network marketing or multi-level marketing is one of the oldest businesses around, a system where you start from the bottom and go to the top. While multi-level marketing doesn’t sound like noise, big companies use it to bring hot products to market, and individuals use it to reach great heights and earn both passive and massive profits for themselves.

5. Freelancing: probably where people go to see different types of digital work for them, work up, fiver, elance and so on. Have you heard about websites like. If you have one of the skills required on a daily basis from these sites, you too can start earning money right away, such as writing articles, editing articles, book cover design, website development, and more.

6. Blogging: Yes, even though the market seems saturated, people still make money from blogging. There are many more tools that make it easier for everyone to create a blog and promote it. Blogging is a good way to start earning passive income, but it is not the fastest way to start earning passive income. As mentioned, it’s also one of the surest ways to build a reputation and a longer-lasting residual income stream if done right.

7. E-commerce: It used to be for big companies, but today anyone can create an e-commerce store and start selling digital products online with WordPress and woocommerce plugins.

8. Drop Shipping: This involves selling physical products through well-established e-commerce platforms such as Aliexpress and Amazon. You don’t have to do any hard work, just research the best-selling products and promote them in your custom e-commerce store connected to the main platform, and ensure that the product is delivered by the company when choosing a profit.

9. Mobile apps: There are more smartphones than people in the world today. And what power does these devices have? Mobile applications. If you have an idea that can solve the problem, here is your chance to get a residual income. You do not need to be a programmer to create a mobile application. All you have to do is come up with an idea and submit it to a programmer on one of the previously mentioned independent websites.

10. Video Blogging: YouTube is currently the second most popular website in the world. If you are interested in video, here is an opportunity to earn a passive income. With the AdSense program and the affiliate program, YouTube allows video content creators to profit from the platform.

These are the top ten passive income ideas that will be a trend in 2018. If you want to start earning passive income in 2019, then you can consider one of them as a starting point to build your residual income stream. But if you are already making passive income online, I would like to know how many of these passive income ideas you have tried or earned.

Over time, bitcoins have become a very popular and popular form of currency. However, what exactly is Bitcoin? The following article will look at the inflows and outflows of this currency, which originated from nowhere and spread like wildfire. How does it differ from ordinary currencies?

Bitcoin is a digital currency, it is not printed and never will be. They are conducted electronically and no one controls them. They are produced by the people and businesses that created the first form of money known as cryptocurrency. Although normal currencies appear in the real world, Bitcoin passes through billions of computers around the world. From bitcoin in the US to bitcoin in India, it has become a global currency. However, its biggest difference from other currencies is that it is decentralized. This means that no specific company or bank is its owner.

Who created it?

Satoshi Nakamoto, a software developer, proposed and created Bitcoin. He saw this as a chance to have a new currency in the market, free from the central government.

Who prints?

As mentioned earlier, the simple answer is none. Bitcoin is digital, not a printed currency. You can even make online transactions using Bitcoins. So you can’t issue unlimited bitcoins? Absolutely not, Bitcoin has never been designed to “mine” more than 21 million bitcoins in the world at the same time. Although they can be divided into smaller quantities. One hundred million of Bitcoin is called “Satoshi” in honor of its creator.

What is Bitcoin based on?

Bitcoin is based on gold and silver in appearance and for traditional use. But the truth is that Bitcoin is actually based on pure mathematics. There is nothing to hide because it is open source. So anyone can look at it to see if it works as they claim.

What are the features of Bitcoin?

1. As mentioned earlier, it is decentralized. It does not belong to any specific company or bank. Each program that produces bitcoins forms a network and they work together. The theory was that if a network collapsed, money would still flow.

2. Easy to install. Unlike large banks, you can create a Bitcoin account in seconds.

3. This is anonymous, at least in part because your Bitcoin addresses are not associated with any personal information.

4. It is completely transparent, all transactions using bitcoins are shown in a large diagram known as a blockchain, but no one knows that it is you, because no name is associated with it.

5. Transaction fees are small and compared to a bank commission, rare and small commissions Bitcoin payments are close to nothing. It’s fast, very fast. Wherever you send money, it will usually arrive a few minutes after processing.g. This is undeniable, which means that once you send your Bitcoins, they will disappear forever.

Bitcoin has changed the world and our view of money a lot. Many people are wondering whether it is possible to live with bitcoins. Some have even tried it. However, Bitcoin is now part of our economy, a unique type of currency, and it will not disappear soon.

Blockchain is an undeniably skilled invention that has revolutionized the global business market. Its evolution has brought greater benefits not only to businesses but also to its beneficiaries. However, as it opens to the world, a view of its operational activities is still unclear. The key question for everyone is – what is a blockchain?

For starters, Blockchain technology acts as a platform that allows digital data to be transferred without the risk of duplication. In a sense, it has laid the foundation for a new kind of Internet space. Originally designed to deal with Bitcoin – while trying to explain to the layman the functions of its algorithms, hash functions and digital signature features, today technology enthusiasts are finding other potential uses for this flawless invention that could lead to a start. a completely new business process in the world.

Blockchain is a kind of algorithm and data distribution structure for managing electronic funds without the intervention of any centralized administration, to determine in all respects, programmed to record all financial transactions, as well as everything of value.

Blockchain’s business

Blockchain can be understood as a Distributed Ledger technology originally developed to support Bitcoin cryptocurrency. However, after severe criticism and rejection, the technology was redesigned for use in more productive work.

To give a clear picture, imagine a table that is practically multiplied by tons among many computing systems. And then imagine that these networks are designed to update this schedule from time to time. This is what a blockchain is.

The information stored in Blockchain is a shared sheet that is periodically reconciled. This is a practical way to talk about many obvious benefits. However, blockchain data is not available in one place. This means that everything stored there is open to public view and inspection. In addition, there is no centralized data storage platform that can be compromised by hackers. It accesses more than a million computing systems side by side, and anyone with an Internet connection can consult its data.

Sustainability and authenticity of the blockchain

Blockchain technology is something that minimizes internet space. Stylish in nature. As with providing information to the general public through the World Wide Web, the original data blocks are stored on a blockchain platform that is visible to all networks in the same way.

It is important to note that a blockchain cannot be operated by a single person, institution or individual, and there is no point of failure. Just as the Internet has proven itself as a sustainable space for the past 30 years, as blockchain continues to evolve, it will play the role of an original, reliable global stage for business operations.

Transparency and indestructible nature

Industry veterans claim that the blockchain is conscious. He practically checks himself from time to time. Its network is similar to self-checking technology, known as blockchain, which coordinates every operation that takes place on a regular basis.

This gives rise to two main features of the blockchain – it is very transparent and at the same time can not be broken. Every operation that takes place on this server is included in the network, so everything is always visible to the public. In addition, editing or omitting information about a blockchain requires a great deal of effort and strong computing power. Among them, fraud can be easily identified. Therefore, it is called indestructible.

Blockchain users

There are no set rules or regulations regarding who will use or can use this flawless technology. Although its potential users are only banks, commercial giants and global economies, the technology is open to the day-to-day operations of the general public. The only drawback Blockchain faces is global acceptance.