March 6, 2014

Welcome To My Bitcoin Blog

Hello and welcome to my new and exciting blog where I will discuss the various ways to make money with bicoin!  This exciting new digital currency has already made both rich men poor, and poor men rich with it’s meteoric rise in price, followed by it’s immediate tumble after troubles with the Silk Road scandle, and then the problems MtGox was having!

We will teach you the most popular ways to try to make money in the bitcoin industry including the two most popular methods which are mining bitcoins, and trading bitcoins.  We will also cover some cool stuff like automated trading bots which are a great way to make some extra coin with the digital currency as well as bitcoin alternatives!

These are very exciting times at hand and the worlds financial systems are literally crumbling around us.  Bitcoin and other online currencies alike offer up a prospective way to trade goods and services without the need for giant financial organizations and world banks.

Bitcoin has remained strong on most exchanges, even in the shadow of insane speculation about it’s future, which I do believe is a very good sign!

So we’ll be covering lots and I hope you stick around to learn about it!


July 3, 2016

Bitcoin drive gains currency in Germany

When it was launched 4 years ago, few people took it seriously, today making use of Bitcoin, the virtual payment system, is obtaining ground.A growing number of companies are accepting the electronic currency as a choice to cash.Al Jazeera's Nick Spicer reports from Berlin.

July 1, 2016

BTC Robot – An Introduction To Automated Bitcoin Trading

Click here to obtain your copy of Bitcoin Robotic before it goes out.

Go here for my evaluation of BTC Robot:

Finally, below is the proof that BTC Robotic functions:

BTC Robotic Transcript


My name is Egor Kotov As well as I' m among the programmers of the Bitcoin Robotic! Now you understand that Bitcoin is …

a) A Crypto-Currency that is decentralized and irrepressible by government establishments.

b) Enhancing in appeal with more and more companies approving Bitcoins!

c) Tradable right into USD or EUR or any currency you like! (of course, even withdrawable using a debit card!).
and also the most crucial point.

d) That we have established a Bitcoin Robotic that earns bitcoins automatically every day, 7 days of the week, 24 Hr each day!

Today, I'm visiting show you a bit on just how the Bitcoin Robot runs, so remain tuned and also listen … this could be the single most important video clip you could enjoy this year!

The Bitcoin Robotic that we established is NOT a trading robotic in the good sense of the word … it does not trading currencies like forex or stocks … at the same time, this means that there are no fees to pay, no compensations of any kind of kind deducted from your revenues, no restrictions in account dimension, no leverages (filled with air money like in forex that is not truly there), and also best of all, no-one can manage or see your deals … it' s 100% confidential.

So just how does the Bitcoin Robotic make money?

Simple! While Bitcoin gains traction and an increasing number of fans discover bitcoin, this audience is INEXPERIENCED … no wonder; besides, bitcoins are an entirely new principle therefore, you can't actually expect that every person is an expert bitcoin trader from the start, right?

Nonetheless, the interest is high and also a lot of people intend to purchase Bitcoin as they think the price of bitcoins will certainly climb … while this may be real to a level, that's NOT exactly how the Bitcoin Robot we developed runs.

We do n`t presume the cost will certainly constantly go up … nevertheless, we have the clear presumption that people acquire bitcoins OVERPRICED.

The exact same thing happens when a new product launches … when a brand-new console or a preferred product is released that lots of people will certainly purchase even more of then offer on at 200% plus costs … and they do SELL IT! Just because the need is high and individuals (especially individuals with money!) have no determination to wait!

As with every commodity or stock, the Bitcoin cost is based after demand. There are a few large markets (completely independent from bitcoin as a money itself) that permit people to buy and sell their bitcoins … as well as here lies the possibility for profits … as brand-new financiers purchase bitcoins they hesitate to wait until the rate is low … they want to purchase bitcoins here, now! They do not care if the cost is higher throughout daytime compared to it goes to night time … they do not think of weekends with smaller activity and tuesdays with optimal rates …

That's where the Bitcoin Robotic enters into play … sitting there like a hawk 24 Hr every day, it monitors the big markets instantly. The Bitcoin Robot does not require to make a few huge orders … it could implement hundreds of small orders a day … something no human can or would certainly want to do … constantly in search of the cheapest rate to purchase as well as the greatest cost to offer!

June 30, 2016

Bitcoin wins over Germany amid US digital currency probe

Germany's turning itself into a magnet for Bitcoin fans. This week, the radical digital currency was acknowledged for legal and tax obligation functions in the nation. RT's Peter Oliver records.


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June 30, 2016

Bitcoin gains mainstream interest after ‘outlier’ appeal

Bitcoin, an electronic currency, has appealed to modern doubters of government-issued money, along with global criminals that are eager and also able to maximize a totally free enterprise. Yet mainstream financiers are taking notification. Paul Solman reports on the possibility, advantages as well as dangers of this crypto-currency.

June 30, 2016

Trace Mayer: Bitcoin Could Be Greatest Bull Market of All Time

Jason Burack of WallStforMainSt had Bitcoin entrepreneur, attorney as well as financial scientist, Trace Mayer back on a podcast for a Third time.

During the 46 minute interview Jason asks Trace if Bitcoin is in a blister and also Trace makes a sound argument for why Bitcoin is not in a bubble and also its fast cost increase has been driven by principles. Trace believes hedge funds as well as opposite large money trend investors are not driving Bitcoin's rate means up over its principles as the amount of individuals using Bitcoin online and also at bricks and mortar shops, restaurants, etc is quickly growing.

Jason then asks Trace if he believes silver and gold financiers are currently disposing their steel to chase after Bitcoin higher.

Jason likewise asks Trace regarding the large information over the last month how Bitcoin is currently accepted by Baidu in China.

Lastly, Trace talks about the recent Congressional hearings concerning Bitcoin today. Trace thinks Congress has altered their mind about Bitcoin and that they favor it because it will create jobs.

Jason is likewise able to ask Trace concerning just how Bitcoin is currently tired as well as if he assumes the IRS or United States Dept. of Treasury will significantly transform the tax laws to single out Bitcoin and also struck its American owners with heavy-handed windfall earnings tax obligations or tax obligation Bitcoin as a collectible so Bitcoin gains would certainly be taxed as ordinary income at a really high revenue bracket on significant gains.

Links to Trace's sites:

Hyperlinks to articles talked about in podcast:

Please check out the Wall surface St for Key St web site here where you can currently obtain a FREE duplicate of our Petro Profit File which we sold for $150/copy!

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June 30, 2016

The Bitcoin Mining Game Has Changed – Make money with Bitcoin trading

Leading "Bitcoin Mining" software program choices. You could still "earn money with bitcoin" without mining. Exactly how? through trading
Visit my site to find out more regarding trading:

If you urge to mine bitcoin read on:
Needless to mention the freight of ASCI equipments are an online game changer within the Bitcoin globe. C.P.U.s aren't any longer also supported by Bitcoin mining bundle as a result of a CPU running twenty four hrs daily would doubtless not see a Bitcoin for years, albeit it definitely was mining in an exceedingly pool.

An this is frequently not all. this is usually a 1 of a form issue anywhere you'll make cash by not doing anything nonetheless departure your Bitcoin mining rig activated. actually it all relies on just what percentage location system you willing to take a position.

ASCI or application-specific microcircuit machines have shown up within the Bitcoin mining market. the main equipment found a miner's variety in late January as well as ever since files are flowing in of shipped ASCI devices locating their technique into miner's Bitcoin mining rigs.

Lately i have been investigation bitcoin mining as a supply of passive financial gain. I've set that this is often horribly completely various from trying to produce money by company venture online content. to possess a chance of gaining something in the slightest level, it needs a moderately significant initial financial investment.

Because ASCI makers location system created specifically for the job of mining Bitcoin, they're very efficient equipments at just what they're developed to try and also do. High coating ASCI makers have a per 2nd hash price of over one million. A common C.P.U. running Bitcoin mining package features a per 2nd hash price of one.5.

So nonetheless are you able to create cash from this?. Well, in theory, your laptop computer will become a node within the network that processes and also confirms the transactions. With each blockchain that's processed a brand new block of twenty five coins, rate around $2500 at today's prices, is developed. this is commonly called bitcoin mining.

Additionally bitcoin mining can not sustain permanently. A restriction is about into the system, with the block dimension being halved each four years, that the rise in total money is proscribed. in an extremely few year's time there'll be way less brand-new coins produced compared to there area unit presently.

Slovenia: The Tax obligation Administration of Slovenija cost-free a news release on the twenty third of December worrying tax of electronic moneys. The declaration really did not state factors to consider or illegality issue on Bitcoin. but the Slovenian government has devised a tax structure for Bitcoin. The Slovenian federal government won't acknowledge Bitcoin as a currency or as partner plus, and also no monetary gain tax obligation are asked for. alternative Bitcoin gains like businesses dealing with Bitcoin or Bitcoin mining undergo native tax.
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August 25, 2014

What Are Bitcoin Wallets?

A Bitcoin wallet is a web service that stores and manages your Bitcoins and address details from a remote location. Since such websites run on instances of Bitcoin software, you can access your wallet online without necessary having to first install Bitcoin software on the device you’re using. This way, you can use your mobile device, a computer in the local cyber and other suiting platforms.

Bitcoin Wallet Types

Web Wallet

Web wallets are the most convenient type of wallet simply because you can access your funds from any device connected to the internet. They are any online storage medium that can hold your bitcoins such as PC’s, Mobile phones, websites etc.

Cold Wallet

A cold wallet is by definition is any wallet that is not connected in any way to the internet. It can exist on any type of memory device such as a USB Key or SD Card provided it is not plugged into a networked computer or laptop. A paper waller is another form of a cold wallet and can simply be a QR Code or hand written note with your privacy key on it.

Software Wallet

A software wallet exists behind a secure piece of software.

Hardware Wallet

This is one of the newer types of wallets. They can only be access with physical contact from a hardware device in order to make a transaction.

How Do You Create Your Own Bitcoin Wallet Online?

Creating a Bitcoin wallet is fast and simple. However, make certain that your internet browser is secure before proceeding by following Bitcoins secure practices.

There are three ways that you can create a Bitcoin wallet: on your mobile device, your desk top computer and on the web. Of the three, the web option is the best. It’s secure. It’s accessible on multiple platforms. You won’t risk loosing data if you loose your mobile device or when your hard disk fails.

Simply open an account with Bitcoin and provide a strong password. You won’t be able to change the password once you’ve created it. Attach an email address since it will be vital when you’re backing up data. This way you will have created your e-wallet and ready to start transacting.

Why use bitcoin wallet?

  1. It’s a secure mode of transacting online since users aren’t required to submit personal details-passwords, emails and usernames.
  2. Since few details are required when creating an e-wallet account, the set up process is pretty simple and fast.
  3. You can access your account balance by simply checking with the block chain-which shows transactions successfully completed.
  4. A Bitcoin wallet comes with private key’s for secure transactions. To add to this, you can transfer your key between accounts provided the wallet code and associated data.
  5. Transaction fees are low in comparison to other platforms. No credits cards are required.

What are the risks of using Bitcoin Wallets?

Though modern Bitcoin wallets are largely secure through encryption and provisions of private keys, they’re still subject to manipulations. For starters, if another Bitcoin user has access to your private keys, they can spend your Bitcoins. Secondly, if wallet service providers compromise on adyou don’t constantly back them up. It’s not uncommon for individuals to loose Bitcoins in millions when their storage disk crash.

August 25, 2014

What Is Bitcoin?

If you are new to the world of Bitcoin, and don’t really know what it is, please watch this video below which will explain the concept.

August 25, 2014

How To Ensure Your Bitcoin Security

As easy as it is to move money across the internet using bitcoin, there are risks associated with it. It is possible for malicious people to violate your privacy, track your spending or worse, steal your money. Fortunately, there are some bitcoin security measures that you can use to protect your precious digital currency and your spending habits from being displayed to unauthorized persons. Some very useful ones are as follows:-

Have Separate Wallets

Ensure that the spending wallet is not the same one that has all your bitcoin holdings because all your savings will be vulnerable to various types of infiltration. Since there is no limit to the number of bitcoin wallets one can have, take advantage of this and have several for your own security.

Avoid Keeping Your Savings In A Web Wallet

There have been increasing cases of hacking of web wallets. As much as these web wallets are convenient, they should only be used as the place to put small amounts of money that you will use after a short time. Keeping only small amounts for spending in your web wallet will ensure that you don’t suffer a great loss when it gets hacked. Know that bitcoin is very different from a credit card and in case you ever lose money through fraud, there are very minimal chances of getting it back.

Guard Your Privacy

Avoid sharing your private keys with anyone. This is because you will allow them to know the amount of bitcoins that you have. This is a private matter and you should never provide any personal details for anyone to guess what you have in your wallet. Take measures to ensure that your spending isn’t tracked by keeping personal information a private as possible. Make sure there is no connection between your wallets by for example using a mixing service to transfer funds between them. This will make it harder for hackers to violate your privacy.

Consider Cold Storage

Consider keeping your wallet’s private key in an offline storage medium for adequate protection. It could be a plain text file stored in a USB key or simply a QR code printed on a paper. For any bitcoin transfer to take place the QR code has to be scanned or the private key has to be manually entered into the application. You could also encrypt your private keys as an additional security measure so that in case someone discovers them, they simply can’t use them without your password.

However, don’t ever save your bitcoins in a wallet that is stored in your computer because you are still highly susceptible to an attack like a Trojan horse attack. The attacks occur frequently because the bitcoin wallet applications usually store their data in predictable locations.

There are more bitcoin security measures you can employ but with the above security measures, you can have a safer bitcoin experience and avoid the unfortunate event of someone tracking your spending and stealing your precious hard-earned bitcoins. This will save you a lot of frustration and loss.