EOT, a Sleeper Coin Crypto Dreams are Made of

With the meteoric rise in the Bitcoin price, everyone is looking for the next big thing and thus we have the rise in new currencies, tokens and the ever popular ICO [Initial Coin Offering].  Traders and investors alike are looking for the “magic coin” that could make their dreams come true.   However, as with everything in life, these dreams don’t come true easily and most new cryptocurrencies will end up on the scrapheap of despair.   The Rise of Tokens and the ICO   The ease with new tokens can…

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How to Bitcoin #6 – Mining Bitcoin

NEW ZEALAND – Guest Writer –The sixth in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of how BTC is electronically processed, we call it mining.   Electronically Processing BTC Mining   As mentioned in the introduction, BTC is processed by computing power and recorded in a public ledger (Blockchain) with the help of a network of computers. The processing of BTC transactions is termed ‘mining’. BTC mining rewards people with computer power by generating…

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How to Bitcoin #5 – Ways to Make Money with Bitcoin

NEW ZEALAND – Guest Writer –The fifth in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of how to make money with BTC.   Buying and Selling A way to make money is to buy BTC/alt-coins at a low value and to sell at a higher value on an Exchange. Selling BTC as mentioned above can be done in any currency. Most large Exchanges allow users to trade back to US dollars. Another method would…

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How to Bitcoin #4 – Storing Bitcoin

NEW ZEALAND – Guest Writer –The fourth in the series of “How to Bitcoin” articles introducing you to Bitcoin and what you can do with the cryptocurrency.  Here is an overview of how to store your Bitcoin.   You can store Bitcoin or altcoins in the following ways:   Paper Wallet Offline Online Encrypted Hardware Device Encrypted Software Wallet   Each method offers both pros and cons.   A paper-wallet is just that, a special code (address + keys) that is then printed out on a piece of paper. You…

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Ledger user loses £25 000 of Crypto

Quoted from Reddit: – I have not used my Ledger in a week, today I decide to check the value of my XRP, Litecoin and Dash only to discover that all of them showed up as zero and had been transferred somewhere else yesterday all around the same time at 7:30pm.     I am not sure how this is possible as I have not access my Ledger in a week. I do not know what do to as the total value is over £25000, has by currency been stolen…

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The difference between online and offline Bitcoin Wallets

Bitcoin is going to change the lives of many people as there are so many people in the world without banking facilities. More than 2,5 billion adults globally are unbanked – can Bitcoin will change this statistic?   Get your copy of What is Bitcoin This e-book on Amazon explains what Bitcoin is, it explains that Bitcoin (BTC) is a virtual currency, digital not physical, and independent of banks. Useful links and resources for the newbie and advanced Bitcoiner or cryptocurrency enthusiast.   Please leave your questions and comments below:

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