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WHAT IS CRYPTOCURRENCY?

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

Put another way, cryptocurrency is electricity converted into lines of code with monetary value. In the simplest of forms, cryptocurrency is digital currency.

Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.

Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them. That’s different from fiat currencies where financial institutions can always create more, hence inflation. Bitcoin will never have more than 21 million coins in circulation. The technical system on which all cryptocurrencies are based on was created by Satoshi Nakamoto.

While hundreds of different cryptocurrency specifications exist, most are derived from one of two protocols; Proof-of-work or Proof-of-stake. All cryptocurrencies are maintained by a community of cryptocurrency miners who are members of the general public that have set up their computers or ASIC machines to participate in the validation and processing of transactions.

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HISTORY OF CRYPTOCURRENCY

The first cryptocurrency was Bitcoin. Bitcoin was created in 2009 by a pseudonymous developer named Satoshi Nakamoto. Bitcoin uses SHA-256, which is a set of cryptographic hash functions designed by the U.S National Security Agency. Bitcoin is a cryptocurrency that is based on the proof-of-work system.

In April 2011, Namecoin, the first altcoin, was created to form a decentralized DNS to make internet censorship more difficult. In October 2011, Litecoin was released and became the first successful cryptocurrency to use scrypt as its hash function rather than SHA-256. This gave the general public the ability to mine for litecoins without the purchase of specific hardware such as the ASIC machines used to mine Bitcoin.

Litecoin began receiving media attention in late 2013 – reaching a market cap of $1 billion. Ripplecoin, created in 2011, was built on the same protocol as Bitcoin but services as a payment system – think of it like a Paypal for cryptocurrencies that supports any fiat currency, cryptocurrency, commodity or even frequent flier miles.

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FUTURE NOW CRYPTO CURRENCIES

The technology world is changing too, the money could not be left behind, since the birth of ls crypto currency or digital currency more known the bitcoin, other digital currencies have come to light, this expected growth in giant steps bitcoin has made other developers or programmers realized the coins crypto is not a game or something that can not be used, realized that it is the world's monetary future and have decided to create their own currencies many of these equally safe or more than the same bitcoin.

Some of these coins As dashcoin or litecoin grow at rates that were not expected, remain online for more to be said that will disappear as happened with bitcoin, for many people this type of exchange is not yet well known, and more some do not even know how to use them, but only to look at google or another search engine to find that on the web and in many parts are accepted and there are sites like shapeshift.io currency exchange, where it is easy to share any crypto type of currency for another and this makes it easy to use them for what you want.

Another factor has been important in the use of the currencies are Faucets crypto calls, these pages have highly helped the growth and use of crypto are pages where users enter and are gifted these coins, from its beginnings as faubtcshis faucet bitcoin thought and is its principal ideal encourage the use of bitcoin and crypto other currencies for that.

We did not want to be alone in using bitcoin as currently it's very well known and already many people know how to use, we now want an opportunity to give other currencies like the dashcoin litecoin, and we strongly believe that these two currencies have a long future ahead, mining cost is minimal and profits can be very high.

We hope that within a near future we making within 3-5 crypto coins are known to most people and these can be used anywhere to buy or sell, so there is nothing more to support developers, making known to the common people these coins for use by suit them and see that the change is now.

AUTOMATIC FAUCETS BITCOINS, A GOOD START TO INVEST

Automatic faucets bitcoins are sites offering different types of activities performed in order to obtain satoshis, which equals 0.00000001 bitcoins, but in a striving to perform any of the actions that show these webs month, you can get even up to 2 bitcoins.

These activities may be, log into other joint pages, making clicks, watch videos bitcoins varied and even see any ads just advertising, but beneath it is the great opportunity to acquire some virtual small coins that eventually will be clearly profitable for start investing in this world of criptomonedas.

But the best thing is that as the name implies, automatic faucets of bitcoins are the easiest in which it is not necessary to make many activities, but they themselves are self-monitored to click and view ads without your participation this, either in a range of 1 hour or as they can be configured to time.

Among the most used as this type of faucet examples is the Moon Bitcoin, in which you must first register with your email and progressively go automatically generating satoshis, lower the bitcoins but level also has a tota chance to win prizes if you open a personal account in the Xapo wallet that identifies this faucet special.

Nothing registration with Xapo wallet, you can get even satoshis 5000 with other actions can add up enough to reach up to 1 bitcoin if possible, working to start investing in this business of great current interest. But if you want choose other automatic faucets of bitcoins, you have a wide range of options, which offer benefits at all costs and you can not miss. Uses this great way to enter the system and become part of the bitcoins currencies without investing a penny.

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WHAT IS BITCOIN?


While the new Bitcoin virtual currency is a system that has taken important part in electronic finance today, with this consensus and networking, it leads to a configuration consisting of a purely digital method of payment.

This is one of the first technological currency that is completely decentralized networks in their maintenance and extension of benefits because it can be used by users without any central authority respectively. The bitcoin currency, has been designated as a reinforcing economy working with a system criptodivisas, applicable to many business conducted on the Internet.

After six years of creation, this digital currency has sustained a common way to configure multiple payment business conducted online and under a reliable structure to be strengthening over time, in terms of value is concerned. Bitcoin its name refers to currencies and as such, it works globally, certainly. One of the important aspects of this currency in particular, is that there has been endorsed by government agencies of any country but depends entirely on the central transmitter.

Also, they do not require intermediaries to conduct transactions unlike conventional banks, and opened for driving a constant utility code. For its part, the bitcoin is controlled exclusively by a system that has no specific technology owners, because it is regulated and managed by each user in the world.

Although programmers are constantly towards overcoming the ease of their method, they could not figure out a different currency protocol which always relied from the start. For the proper use of this currency must have an excellent combination between each of the users, as only depends on the confidence of each supporter.


THE FUTURISTIC CURRENCY BITCOIN, VIEW WITH GREAT POTENTIAL

Technology with its broad progress has been impressed with the passing of the years, good choices they have to make money even without illegal actions or unproductive, referentemente, as is the case with the futuristic currency bitcoin.

Good surprises have been met expectations based on the system and progressively criptomonedas have seized method best elements of both to invest and to its constant use in many types of shops and services of different headings. Opt for a better economy centered on an online system provided by virtual currencies with excellent benefits.

Today, the business with the futuristic currency, bitcoin is a highly functional method and used to invest, it is also possible to buy virtual goods seeing profits quickly and significantly. Above all, this type of criptomonedas are currently used in several niches, including those associated entertainment virtual world to the real world.

Within the definition of bitcoin, this is known as an electronic currency that can be used in many countries of the world and that despite all the obstacles that now presented, is intended to be purely used as part of an economic powerhouse of the future. Best of futuristic currency, bitcoin is being completely decentralized and tax-free, ensures little or minimal inflation for all users who choose to use in different areas.

Moreover, the identity of all beneficiaries who use bitcoins, is fully protected which provides support and security for any transaction with these criptomonedas. Each of these electronic coins is generated by netizens to solve cryptographic algorithms and consequently make operations, movements with great confidence, and this is another reason for choosing this method of payment.


HOW TO BUY BITCOIN?

Bitcoin virtual currency has been revolutionizing the world of digital economy with a payment system that is a novel concept for users today. But before using it, you may normally have many questions on your side, the most frequent that how to buy with bitcoin is that even though this money market is widely used and functional, not everyone knows the key this particular system. You can get many benefits from this specific currency, all through web pages that accept them as payment. Usually the coins bitcoin miners sell their bitcoins in the online market, which you can use to acquire an option to buy on sites like bitcoin


- Square: is a platform where the payment is enabled through this digital currency, making immediate payments safely and without distrust by the seller of the service.

- Destinia: This site is one of the web sites that can also be used to buy bitcoin, travel tickets and promotions to the destination you want in seconds. Book your best options for travel in record time.

- Newegg: a portal to get all the elements you need for the world of technology and computing. Add everything in your cart and then confirms the purchase with bitcoin payment and can give you opportunities in certain discounts or offers, depending on the season.

- Foodler: it is a perfect site for dishes and menus to the day and hour delivery service to speed up the payment process from the cryptocurrency. Do not neglect this great opportunity to enjoy a meal prepared in seconds with convenient online payment option food.

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WHAT IS AN EXCHANGE RATE?

The foreign exchange market is a global decentralized marketplace that determines the relative values of different currencies. Unlike other markets, there is no centralized depository or exchange where transactions are conducted. Instead, these transactions are conducted by several market participants in several locations.

It is rare that any two currencies will be identical to one another in value, and it is also rare that any two currencies will maintain the same relative value for more than a short period of time. In forex, the exchange rate between two currencies constantly changes. For example, on January 3, 2011, one euro was worth about $1.33. By May 3, 2011, one euro was worth about $1.48. The euro increased in value by about 10% relative to the U.S. dollar during this time.

BITCOIN MINING

Sending and Receiving Money With Bitcoin Mining

The Bitcoin Mining framework is one of the first sorts of crypto-cash which has existed in the business sector since January 2009. What makes bitcoin different from general monetary forms is the way that bitcoin utilizes cryptography to screen and control the creation and exchange of the money between different gatherings.

Bitcoins are created after some time at a lessening rate, and the greatest measure of Bitcoin Mining in the business sector at one time is 21 million units. The utilization of bitcoin wipes out the need of an outsider with regards to finishing online exchanges.What makes Bitcoin Mining different from other online coin frameworks like Paypal is that the cash is decentralized.

This implies no gathering or association has a control over it. This is not at all like genuine cash that is checked by focal powers. Genuine cash is controlled regarding the printing and dissemination of coins and notes to people in general. What's more, contrasted with other online installment frameworks, there are little to zero charges to exchange bitcoins.

Utilizing bitcoins will be particularly helpful for organizations which complete a greater part of its exchanges on the web.To begin utilizing Bitcoin Mining, everything you need is a bitcoin wallet. Since Bitcoin Mining is a virtual cash, you can't hold it physically, unless you trade it for products and administrations.

Your e-wallet is the place your bitcoins are kept secure. E-wallets are advantageous and simple to utilize. You can discover numerous bitcoin wallet suppliers like My Wallet from blockchain.info. Your bitcoin wallet can likewise be gotten to by means of your cell phone. Having a cell phone will empower you to offer and purchase bitcoins wherever you are.

Apple pieces bitcoin wallets from its App Store. Be that as it may, if you are an Android client, numerous versatile applications are accessible for you to execute utilizing bitcoins. Also, if you feel that your bitcoin wallet is dangerous, you will need to have desktop customers to store real bitcoins onto your portable PC or PC.

When you begin a wallet, recollect to spare the record on the PC and go down the document. Make various reinforcements if you feel shaky. Using Bitcoin Mining give clients a feeling of security, as they are not depending on different gatherings like banks to deal with their assets. Most clients will like to utilize the first programming which has been around since the initiation of bitcoins - the Satoshi Client.


In the wake of making your wallet, you are en route to offering and purchasing bitcoins. There are numerous ways that you can get this online coin. The techniques incorporate purchasing it from different venders, accepting it as item sales, doing activities and mining so as to satisfy conditions to get free bitcoins furthermore bitcoins - just for cutting edge clients.

Bitcoin is a developing coin and will most unquestionably be one of the top things in the online world sooner rather than later. For more data about bitcoins and bitcoin wallet, don't hesitate to look the Internet for more data. With the utilization of Bitcoin Mining, you will have the capacity to acquire additional wage and you will have an extra approach to get and make virtual installments.

WHAT AM I DOING WHEN I TRADE FOREX?

Forex is a commonly used abbreviation for "foreign exchange," and it is typically used to describe trading in the foreign exchange market by investors and speculators. For example, imagine a situation where the U.S. dollar is expected to weaken in value relative to the euro. A forex trader in this situation will sell dollars and buy euros. If the euro strengthens, the purchasing power to buy dollars has now increased.

The trader can now buy back more dollars than they had to begin with, making a profit. This is similar to stock trading. A stock trader will buy a stock if they think its price will rise in the future and sell a stock if they think its price will fall in the future. Similarly, a forex trader will buy a currency pair if they expect its exchange rate will rise in the future and sell a currency pair if they expect its exchange rate will fall in the future.

WHAT IS THE RIGHT PRICE BITCOIN?


Bitcoin price changes minute by minute, so it's important to stay informed about the latest price of Bitcoin every moment.

Why change the value?

Do you currently everyone is wondering what is the real price? because we see the recent history should have taught Bitcoin and the lesson that: nobody knows what the appropriate exchange rate. That will be discovered by the many interactions that take place in the market. There is no definitive answer to either absolute or topic.

The steady growth of technology and the formation of economic value are endless. In the 7th birthday, just Bitcoin again with the monotony and its price has increased to over US $ 350, way to US $ 400. And then, of course, is back in the news. Everyone wants to know the origin of the new price increase.

It is speculated that he might be being driven by the demand that occurs in China, where bad news regarding the economy continues to accrue. Whatever the reason may be, there is something that Bitcoin is perhaps the most promising innovation of our time, an innovation that points to a future in which the exchange of information is commodified, immutable and universal. Not only it can revolutionize the way they do and negotiate contracts and titles.

It could become a global currency, operating outside state and national banking structures as work for 500 years. You could break the monopoly of money model has been in place for thousands of years. If you’re just getting your feet wet with cryptocurrency, all the technical jargon can seem overwhelming.

It’s important to learn, but for now, If you’re just interested in trading and investing, having a basic common-sense understanding of business, consumer demand, and economics is enough to give you an edge over other traders (at the moment). Most of the current batch of traders are early cryptocurrency adopters, cryptocurrency “miners,” programmers, and basically people that are more tech savvy than business/market savvy.

They’re focused on small technological innovations that help build hype for a coin in the short term, without giving much thought about how the coin will exist outside of the exchanges and crypto community.So let’s get started. First buy some Bitcoin. There are some exchanges that will let you purchase specific cryptocurrencies for USD, but it’s a better idea to buy Bitcoin first. With some Bitcoin, you can trade into and out of every other cryptocurrency on the market, on every crypto exchange.

Remember: you don’t have to buy a whole Bitcoin ($390 as of writing this); you can purchase Bitcoin in fractions known as Satoshis; for example, 500k Satoshis equals 0.005 Bitcoin. The safest, most popular place to purchase Bitcoin is coinbase.com, however you can also go to an exchange that has a USD-BTC pairing to try to trade USD for Bitcoin at a cheaper rate.

Now that you have some Bitcoin, it’s time to find an exchange. The most reliable exchange I’ve found is Bittrex.com. There are other exchanges: some are good, some are bad, some have been shut down already — the Mt. Gox scandal might ring a bell. Some people are discouraged from cryptocurrency altogether when there’s news of an exchange getting shut down or coins being stolen, but I see all of this as a right of passage for any new market that is still in its infancy.