cryptonomics

When first looking in to buying Bitcoin, it can seem quite daunting. There are so many places to buy and sell. From my experience, I have found that the easiest way to buy and hold Bitcoin is to use Coinbase , even if our opinions don't align... The reason I have selected Coinbase is mainly because it is easy to use, and has a simplistic set up that doesn't require you to divulge, and verify, too much personal information. To set up, simply go to coinbase.com ,  or download the Coinbase app. Enter your First name, Last name, email, password, select your state, verify that you are not a robot, and agree to the 'terms and conditions'. Bam, that simple. *Update: they require more information including a photo ID Setting up a method of payment is quite easy, especially on the app. Once you add the card, and the card has been validated (which can take up to a few hours), then you can be a happy/unhappy Bitcoiner. I like coinbase for the simplicity, sleek design, a...

Advanced Micro Devices released Vega (not Frontier edition) today. It is sold out across the board on New Egg . Meanwhile, Ethereum's network hashrate has jumped up by 6 TH/s overnight. Currently at 86.7 TH/s Zcash's network hashrate seems to be climbing higher, but there is no way to be certain just yet. This is the second time this year that AMD has released a new GPU that has sold out the days of launch. The first was AMD's RX 570/580 which sold out very quickly at a price of ~$300. The new Vega GPUs have a starting price of $400 (Vega 56) and higher end of $699 (Vega 64). From what I have seen, these cards will do a great job mining for what you pay for them (around 35-45 MH/s). So if you are looking to buy, good luck. They will be sold out for a while. The RX 570/580, which was released around April 2017, is still impossible to get unless you are willing to pay double. Nvidia's GPUs are good for mining, but are generally too expensive. Miners have comp...

Bitcoin was highlighted on CNBC where the Bitcoin enthusiast set a target of 25,000 to 50,000 USD per coin, see it here BTC is trading around 3,575 USD and has had a steady ascent over the past week of 26% *BTC chart here BCH (Bitcoin Cash) seems to be continuing its wild ride, investers/traders still are uncertain of its future, as it has become another spinoff of Bitcoin. Current price is around .09 BTC. It is down 5% on the week, but up 12.8% on the day. It's intraday high peaked at .1 BTC *BCH chart here ETH (Ethereum) had a boost with other altcoins, which saw it peak at .094 BTC, since then it has had a pull back and is currently trading around .084 BTC or 300 USD. On the day it is down about 5% *ETH chart here ZEC (Zcash) had a nice little bump from ~.062 BTC ON 08.07, surged up to .075 BTC (08.08), but has erased almost all of its gains leaving it at a current level of .064 BTC *ZEC chart here LTC (Litecoin) although a one week chart has LTC down 13% against B...

There are copious amounts of websites that offer ways to exchange cryptos. A few that will be discussed are Coinbase, Bitstamp, Poloniex, Bittrex, Gatehub, and Bitfinex. These exchanges never close; so you can buy/sell anytime/any day. I also added Circle, just cause. *refer to end for abbreviation Coinbase Simple and clean user interface Buy and Sell BTC/ETH/LTC with local currency Instant credit card purchases, bank accounts take 3-5 days high fees Bitstamp.net Exchange BTC, XRP, USD or EUR 98% of digital funds stored offline If you want to try trading cryptos: Poloniex Exchange/Lending 2.5x leverage Chatbox (trollbox) which can be entertaining Two Factore Id *Sometimes Poloniex has issues, and their customer service seems inexistent  Kraken Offers 5x leverage trading tools *seems sluggish at times Bittrex Offers 190+ cryptos US Based (if you are into that, deals with US regulations Gatehub.net Trade multiple currencies...

If Bitcoin's destination is the moon, it hasn't started its launch sequence. Cryptocurrencies are not in a bubble. There are just over 16 million bitcoins in circulation today with a market cap of just under $40 billion (Crypto Currency Market Capitalizations). The US currently has over $1.2 trillion dollars in circulation today (How Currency...). Bitcoin can be used in the global market, while USD is mainly used in the US. 16 million bitcoins to help assist a global economy. Supply is there, and demand is slowly ticking up. Retailers and Banks haven't decided to accept cryptocurrencies yet. As cryptocurrencies assimilate into the global economy, the value for Bitcoins will continue to all time highs. Image from coinbase *You do not need to buy a full bitcoin/alt-coin. Exchanges let you buy less that .01 of a crypto.