Advantages of bitcoins
1. Payment Freedom
It is possible to send and receive bitcoins anywhere in the world at any time.
2. Less transaction Fees
No fee to receive bitcoins. You can choose your transaction fee and many wallets let you control how large a fee to pay when spending.
3. Risk Free
Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information.
4. Highly secured
Bitcoin payments can be made without personal information tied to the transaction thus offers strong protection against identity theft.
5. Neutral and Transparent
All information about the Bitcoin money supply is available on the block chain and anybody can verify and use in real-time.
Getting started with bitcoin
Bitcoin Cash (BCH) is a top digital currency and continues to grow as people learn about its breakthrough potential as a peer-to-peer digital payment system.
Here are three steps to help you get started using Bitcoin Cash right now.
How And Where To Spend Bitcoin
As Bitcoin Core (BTC) and Bitcoin Cash (BCH) gain mainstream appeal, merchants and individuals are flocking to the cryptocurrency due to its convenience, and security.Keep reading to see where you can spend your BTC online for goods and services all around the world.
Now Bitcoin is taking its place, as evidenced by the performance of the two assets overtime.
Bitcoin, for instance, rallied last week, as conventional gold and stocks faltered, due to anxiety over the direction of interest rates and world trade. The “people’s currency” gained 13.95% in early in the week and 22.81% in the last 30 days. Meanwhile, the SPDR Gold Trust lost 2.31% and 2.51% over the same period, and the S&P500 lost 3.53% and 4.93%.
Bitcoin displayed a similar pattern last year. It rallied as North Korean dictator Kim Jong-un was launching missiles over Japan, and as China was trying to write its own navigation rules in South China Sea.
Hard to say, as there are hardly any “fundamentals” to judge whether Bitcoin is undervalued or overvalued at these levels. Still, there are a couple of bullish signs for the digital currency worth noticing.
One of them is that Bitcoin is beginning to behave like the ‘new gold,’ shining in times of extreme uncertainty that take over Wall Street.
There was a time when gold would shine as Wall Street faltered. That was long time ago, when it was the hedge against uncertainty. It was the asset where investors could park their cash in times of political and economic turmoil.
Have a Vision for the Future
Much of preparing for an ICO involves a solid vision, and thinking about how you can shape the future economy through a company’s cryptocurrency. It’s essential to align the short term mission by providing a positive trading experience that maximizes the trader’s profit. Focusing on the long term cryptocurrency ecosystem, financial derivatives and future services is equally important to overall success.
Learn to Navigate Cryptocurrency Regulations
Though cryptocurrency and ICOs are trending, the industry is still lacking regulations, which creates ups and downs for businesses.If you are new to the industry, getting to know other ICOs is vital, and reading up on case studies can help you to quickly understand how the industry is regulated.
Strengthen the confidence and legitimacy of your ICO
As with any new industry, legitimacy is a big hurdle to overcome - this is especially true for cryptocurrency.
Marketing and publicity are also important for legitimizing ICOs. Some solid ICO projects do not have effective marketing plans and channels to promote themselves, so they get lost in the shuffle when other ICOs scams take center stage. Be careful that your ICO faces all of these challenges.
Launching an ICO
We are in the midst of the blockchain era, and many believe that cryptocurrency is the next frontier in the world of money and finance. Launching an Initial Coin Offering (ICO) can be a great mark of success for a cryptocurrency platform.
THIS IS WHO CONTROLS BITCOIN
As a decentralized system by design, it can be difficult to see where the real power lies in Bitcoin. There are a number of different players in the ecosystem (e.g. miners, hodlers, exchanges, developers), but one entity has more power than the others in terms of what types of protocol improvements will be made.
The hodlers have the biggest impact on the bitcoin price due to the effect they have on the supply of available Bitcoin. …