I’ve been trading with cryptocurrencies for almost 4 years now, and I’ll share my experience below. First let's check the definition of Pump and dump: A pump and dump scam is the illegal act of an investor or group of investors promoting a stock they hold and selling once the stock price has risen following … Continue reading Cryptocurrency Trading: Does Pump&Dump Strategy Works?
Bitcoin is transferred after initiation from the sender of the transaction through the internet. The sender isn’t required to be connected to the internet to sign the transaction, but he is required to be connected to the internet to declare his transaction to the network so that they can record it. A transaction even signed, … Continue reading Does User Have to Be Online to Receive Bitcoin Payment?
Being one of the largest exchanges of Bitcoin, Coinbase offers many advantages for its users. But, through the years, Coinbase started to act like traditional banks, which repelled many users. Besides having higher fees, Coinbase opened up other issues when it comes to serving customers. Coinbase started to integrate its business with traditional banking laws … Continue reading Top 5 Coinbase Alternatives
Mobile wallets are very similar to online wallets, but are supported by mobile devices. Full BTC client can't be run on the mobile device, so Simplified Payment Verification is utilized instead. This brings the security of the funds in question. In order to be considered safe the mobile wallet needs to meet these requirements: 1. … Continue reading Top 3 Bitcoin Mobile Wallets
Bistamp is one of the most reliable Bitcoin exchanges nowadays. They are very well-connected in the industry. The company has attracted significant investment from Pantera Capital, one of the biggest Bitcoin-specific venture capital investors, owned partly by Benchmark, Ribbit Capital, and Fortress Investment Group. They also work with Coinbase and other popular exchanges. In terms … Continue reading Bitstamp – a Safe Way to Buy, Sell and Store Bitcoins
A decentralized currency like Bitcoin can do much good for people of Africa. Bitcoin could provide a reasonable way for Africans to trade outside their traditional ways and outside their countries. Also, it could encourage people to invest money in countries of Africa through fast and simple channels like cryptocurrency networks. So, how is Bitcoin … Continue reading How is Bitcoin Used in Africa?
I’ll compare them by some of the most important features. Liquidity: Both Poloniex and Coinbase have high trading volumes. Number of trading pairs: Poloniex offer 80+ tradeable coins, and the majority has good liquidity. Coinbase offers Bitcoin and Ethereum trading. Margin trading: Poloniex offers margin trading in more than 10 altcoins. Coinbase doesn’t offer margin … Continue reading Advantages and Disadvantages of Poloniex over Coinbase
When transferring assets, money, goods or rendering a service, there almost always is a fee to uphold the standards of the economic scenario. Financial Institutions charge a fee every time money is moved from one bank account to another unless they have other motives to profit from your movement of funds. Banks are known to … Continue reading Does a Bitcoin Transfer Cause Money Loss?
Investing in cryptocurrencies is not always a guarantee of profit. In a broader sense, cryptocurrencies are not the place for investments in the traditional way, but a way to exchange value. Of course, there are many ways to make a profit out of that exchange since the value of cryptocurrencies varies day to day. To … Continue reading How to Choose Currency for Future Investment in Today’s Overflooded Market
There is no chance for Bitcoin deficit. Let’s start with facts: Number of Bitcoins is limited to 21 million (currently we have almost 17 million mined and in circulation) Every day, certain number of Bitcoins is lost due to various reasons (people forgetting the keys of their wallets, dying without telling about it, etc.) So, … Continue reading Possibilities of Bitcoin Deficit