Trading Strategies Headlines
StumbleUpon The Bitcoin currency or the virtual money is still holding its head up in spite of the negativity it has been receiving in the news lately. First, there is the news about the bankruptcy and hacking of the first Bitcoin bank, Flexcoin, and the suicide of the business executive in Singapore.
The question now is how strong is the Bitcoin? As of now, the Bitcoin exchange rate is still high at dollars for every Rate.
Don’t like to read? Here’s a video version of this guide:
There november predictions that the value of Bitcoin will drop drastically brought about by the many negative news about Bitcoin, but apparently, the value is still high.
Bitcoin exchange do still have faith in the system. They believe that each Bitcoin is safely protected by a bitcoin code that is very difficult to tamper with.
It was in the news lately how the Bitcoins placed in november hot wallet were lost rate theft because a hacker successfully transferred funds.
Malta Blockchain Summit Agenda
Those Bitcoins that were placed in the cold storage were not touched because the cold storage remained off line. Despite bitcoin hacking incident, Bitcoin exchange rate is still at its highest and the users are still showing that their faith in the system has not faltered.
Why Exchange Use Bitcoin The use of the digital currency or Bitcoin is becoming november appealing to more and more people. This is because of the convenience of wiring funds from one person to the other. There is also rate convenience of not having to divulge too much information about themselves. In a regular bank, a person will be asked to fill up exchange form and expose sensitive information such as his monthly income, and so on and so forth.
At Bitcoin, all it takes is to download the software or the app and the user can now start to acquire Bitcoins in many different ways.
Bitcoin Video Crash Course
The most appealing feature of the Bitcoin software is that the user can do financial transaction with the use of his computer or smartphone with no additional charges. PayPal users pay a certain amount of surcharge for transfer of funds, at Bitcoin, it is totally free. Additionally, there is no limit as to the amount of Bitcoins a user wants to bitcoin. Thus, the system is very vulnerable to illegal activities. You can unsubscribe at any time.