Most Popular posts of Bitcoin
The Bitcoin Revolution
by
Rohan Beorgo
Bitcoin is a digital currency that was first proposed in Oct 2008. Curiously, the proposer had a pseudonym Satoshi Nakamoto and started dissociating himself from any of the developments related to the currency from 2010. Nobody knows who he was. The currency came into existence starting with the genesis block created by Satoshi. The operation was started on 3rd January, 2009 by starting a free source project on Source Forge. In the four years since then, the number of units in circulation has reached more than 10.5 million units. This is half the total number (21 million) of units this currency can ever have, and is hard coded into the system as designed. This is designed to be reached by the year 2040. A Bitcoin unit or BTC can be divided into 100 million units in trade operations. These smaller units are known as satoshis...
http://ezinearticles.com/?The-Bitcoin-Revolution
id=7577039 - Mar 25, 2013
The Reality Of BitCoin
by
Mark D Shapiro
Although Bitcoin has its charms, it is proprietary and is not part of, or backed by, any government. Only a finite number of Bitcoins have been created, which helps make Bitcoins seem to be more valuable than they actually are. By limiting the number of coins made, combined with the hype, have pushed up the price of Bitcoins.
http://ezinearticles.com/?The-Reality-Of-BitCoin
id=7607204 - Apr 04, 2013
Bitcoins Crime
by
Todd J Burmeister
Whether you think Bitcoins are the currency of the future or a passing gimmick, you cannot deny that some folks have already made millions. So with the attraction of "easy" money comes crime. And the crime is getting bigger and more sophisticated.
http://ezinearticles.com/?Bitcoins-Crime
id=6365207 - Jun 20, 2011
The Bitcoin Mining Game Has Changed
by
Robby Andrews
ASCI or application-specific integrated circuit machines have arrived in the Bitcoin mining market. The first machine arrived at a miner's home in late January and ever since reports have been trickling in of shipped ASCI machines finding their way into miner's Bitcoin mining rigs.
http://ezinearticles.com/?The-Bitcoin-Mining-Game-Has-Changed
id=7520219 - Feb 23, 2013
What Is Bitcoin And How To Learn About It?
by
Thomas Champeval
Bitcoin is decentralized digital currency which is owned by none. Government has no control over it. It uses peer to peer networking and cryptographic proofs to operate the system. Bitcoin is issued, operated and transferred by Bitcoin network. The system is controlled and made fraud free by recording transactions in block chain, a public history record, once they are validated with a proof of work system.
http://ezinearticles.com/?What-Is-Bitcoin-And-How-To-Learn-About-It?
id=7002064 - Apr 14, 2012
Is the Bitcoin an Alternative to Fiat Currency?
by
Ray Fristenson
Recently there has been a lot of talk about a new virtual currency called the Bitcoin that is growing very rapidly, its gaining a lot of media attention and its value has increased dramatically. The current financial turmoil in Europe and around the world has also made people invest in alternatives to fiat currency such as the Bitcoin. For most people it is strange that someone can take seriously a currency that is not backed by a Government or central institution, but that is the precise advantage of this coin.
http://ezinearticles.com/?Is-the-Bitcoin-an-Alternative-to-Fiat-Currency?
id=7570856 - Mar 22, 2013
Do You Know What a Bitcoin Is?
by
Matthew Zorn
Recently, I had someone ask me about Bitcoins. I most certainly had heard of them before, but I was not able to provide an answer that I felt was acceptable. So, I decided that a little education on the matter was in order.
http://ezinearticles.com/?Do-You-Know-What-a-Bitcoin-Is?
id=7609954 - Apr 05, 2013
Legitimate Way to Make Money Online
by
Emeka O Peters
Learn about the legitimate way to make money online when you read the content of this article. It talks about the legitimate ways to make money online starting from today.
http://ezinearticles.com/?Legitimate-Way-to-Make-Money-Online
id=7251466 - Aug 26, 2012
Representational Monetary Identity
by
Mirelo Deugh Ausgam Valis
Let us analyze what happens in commercial banking. First, we have a deposit. Then, we have a loan of up to a fraction (of 90%) of this deposit. Finally, the borrower can deposit the borrowed money into another bank account, in the same bank or not. Suddenly, the trillion dollar question emerges: is the borrowed money in these two bank accounts... the same? On the one hand, the answer is yes: all borrowed money came from the original deposit -- so it is that same original money. On the other hand, the answer is no: all money deposited into the borrower's account possibly stays in the original depositor's account -- so it is not that same original money. How can that be?
http://ezinearticles.com/?Representational-Monetary-Identity
id=7509434 - Feb 21, 2013
Mastering the Financial Universe
by
Darren Suprina
What might happen if currency itself became a completive market, where any corporation could release its own placeholders of value, and use them to buy and sell goods and services? Backed by faith (like the Dollar); redeemable for goods and services (like the Dollar). Usable anywhere without exchange.
http://ezinearticles.com/?Mastering-the-Financial-Universe