How to Bitcoin #6 – Mining Bitcoin

NEW ZEALAND – Guest Writer –The third 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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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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2017 Blockchain and Cryptocurrency Hacks, Scams and Attacks

As the total cryptocurrency value continues to rise, so do the hacks, scams, and attacks in our new digital economy.  From false ICO’s, wallet hacks and deliberate scams, approximately $490 million was taken from the unsuspecting. CoinDesk examines the seven biggest cybercrimes involving the blockchain and cryptocurrency.  Watch this short video to learn more.       Read the full article – Click Here      What are your predictions for 2018?   Click on the links below to see what some are predicting. Give a Crypto Gift this year, no…

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More Bullish Bitcoin Price Predictions for 2018

Tom Lee, a market strategist from Fundstrat, is buying in this so-called “Bitcoin pullback”.  He has now increased his mid-2018 Bitcoin price target to $20000 from the initial prediction of $11,500.   No doubt the price has dipped due to profit taking, however, newcomers to this market could be running scared thinking they have already lost.  For fear of losing out (FOMO), some people have mortgaged their homes, while others bought on credit – consider this, the rule of thumb is never to invest more than you can afford to lose in…

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Give a Crypto Gift this year, no more socks or soap-on-a-rope!

The festive season is upon us… which means gifting time to family and friends!  Many of us are racking our brains for inspiration trying to come up with innovative and different gifts this year… as we do every year.  No more socks, soap-on-a-rope, beard shaving aprons or gnomes for the garden.  This year, give a gift that could potentially set your loved one free… help them open a wallet and give them crypto… or if they are already an investor, give them more!   Follow EOT – Encryption of Things on…

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Cryptocurrency Exchange Hires Award-winning Design Consultancy for Leading-Edge App

LONDON, December 5, 2017 /PRNewswire/ The UK’s only dedicated multi-cryptocurrency exchange, London Block Exchange (LBX) has hired EY-Seren, part of consultancy firm EY, to create a first-of-its-kind app to allow UK consumers to trade freely and easily in cryptocurrency. The award-winning consultancy will design the app alongside a full cryptocurrency trading platform.   Due to launch in December, the LBX app offers full trading functionality and will include Sterling to crypto exchange across four major digital currencies (Bitcoin, Litecoin, Ripple and Ethereum) – with more added in the new year.   The…

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Brit-Coin Bonanza: UK Heads to Cryptomarket

LONDON, November 30, 2017 /PRNewswire/ The meteoric rise in the value of the cryptocurrency Bitcoin has sent the UK rushing to enter the market. The London Block Exchange, which opens its doors to the public in December has seen a five-fold increase in trading account sign-ups since Bitcoin hit the $10,000 mark.   Several other digital currencies have also seen huge surges, such as Ethereum, Iota and Dash. CEO and founder Benjamin Dives said: “Bitcoin is now Britcoin as the UK crypto-curious flood to the market. Our secure and easy to use exchange has…

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The Great Bitcoin China Showdown

China has banned ICO’s and Bitcoin trading is next – Exchanges have been ordered to shut down their Chinese operations. This sudden development begs some questions:- Will Bitcoin mining be affected? Will compliant exchanges reopen with stricter rules and regulations? Is China developing a sovereign digital currency?   Bitcoin is proving to be resilient … once again.       Smartphones are coming to a blockchain near you, Futuretech on BitVault – Click here to listen     Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave…

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BitVault® Announces Integration of EOT Wallet (Encryption of Things)

In an exciting development, the Worlds First Blockchain phone and crypto communicator, the BitVault®, has announced that the Encryption of Things cryptocurrency, EOT, will be integrated into the phone.  EOT can be used for secure calling, secure messaging as well as for in App purchases on the BitVault Appstore.         The BitVault was recently introduced to the FinTech community at London FinTech Week where the functionality was demonstrated to very interested and rather intrigued delegates.  The BitVault is a revolutionary new product that is built around security and privacy enabled…

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