bitcoin
Behold the Bitcoin, the original cryptocurrency; whether you're a skeptic or a bitcoin believer, get the lowdown on this controversial coin.
Digital Assets
The 21st century has brought forth many changes to civilization. Several human operations have been redefined by technological advancements. This advent has helped several individuals, improved business outfits, redefined market structure, etc. So, looking at the title, the first question that comes to mind is, what are digital assets? Simply put, digital assets are valuable commodities that exist in binary format as data with also the right to use. These can come in various forms such as documents, multimedia files, emails, online marketplaces, cryptocurrencies, etc. These assets are kept on storage devices such as hard disks, computers, cloud, online wallets, etc. It is important to recognize that asset is a legally recognized term, thus, any valuable commodity that doesn’t come with a right to use isn’t considered a digital asset. Also, when is an asset said to have a locked in financial value? An asset is said to have a locked financial value when its owners are restricted from selling their assets. This condition is many at times a government-related factor, which can come in form of regulations, taxes, etc. Over time, many commodities are being classified as digital assets. In 2015, Bitcoin was classified as a digital asset by Forbes. Bitcoin is an online currency (i.e. cryptocurrency) that exists on an encrypted platform called the blockchain, which exists as a public ledger that records all transactions.
By Oladokun Opeyemi8 years ago in The Chain
Signs Bitcoin Will Stay Around for Decades
As the most volatile and historical of all the cryptocurrencies, there is much debate around the longevity of Bitcoin and crypto in general. While the digital payment system established the blockchain technology we know and love today, it's difficult to say how it will last in the long term.
By Dr. Ethan Levi8 years ago in The Chain
10 Things That Need to Happen for Bitcoin to Skyrocket
The December 2017 Bitcoin crash was one that devastated people who were into cryptocurrency. Many people, after seeing thousands of dollars disappear in an instant, chased in the remaining money they had invested in Bitcoin and gave up. No one could blame them.
By Iggy Paulsen8 years ago in The Chain
How to Minimize Risk in Your Crypto Portfolio
Never putting all of your eggs in a single basket is good sense in many different parts of modern life, particularly in investing. This is why diversification is a common approach to any sort of investing. To minimize risk in your crypto profile means diversifying, but that is not as simple as it sounds. Though risk management in other areas of finance are relatively straightforward, experts rightly point out, "Technically, diversifying away risk in a crypto-only portfolio could be difficult." It's one of the things no one tells you about investing in crypto.
By James Lizowski8 years ago in The Chain
How to Accept Bitcoins in Your Store
Should you accept Bitcoins in your store? Whether in the real world (i.e. a brick and mortar establishment) or among the many online stores, it is important to consider the acceptance of digital currencies as a payment option. Because it is the most recognized, long-lasting and used cryptocurrency, it makes sense to accept Bitcoin, which is becoming very valuable in our society. Yet, the big question is "how?" Just how do you begin to accept them in your store?
By Bill Shaffir8 years ago in The Chain
How Bitcoin Will Become Valuable in Our Society. Top Story - June 2018.
Bitcoin is not just a buzzword, and it's time that mainstream media stops behaving like it is. It has proven to be a valuable investment and a trailblazer in both finance and tech industries—and an investment that continues to blossom.
By Ossiana Tepfenhart8 years ago in The Chain
Reasons You Should Add Cryptocurrencies to Your Retirement Portfolio
Cryptocurrencies and blockchain technologies are blowing up in a big way. Financial advisors, Wall Street, hedge funds, and more are looking into this new type of asset class even more so than traditional investments.
By Conrad Morningstar8 years ago in The Chain
Best Cryptocurrency Facebook Pages to Follow for Advice & Other News. Top Story - May 2018.
Facebook is not a platform I typically approve of. In fact, I don't have a Facebook because its privacy issues are terrible and it has bad psychological effects. I think that Mark Zuckerberg is a criminal, and honestly don't understand how so many people are okay with having all their personal information mined for "social" reasons.
By Cato Conroy8 years ago in The Chain
Everything You Need to Know About Using Cryptocurrency in a Nonprofit
There are a lot of things that people tend to associate with the term "cryptocurrency." Some call cryptocurrency like Bitcoin the "new criminal currency." Others hear the word "crypto" and think about Bitcoin wallet scams. Even more hear cryptocurrency and start talking about new ways to invest in crypto without actually owning coins.
By Ossiana Tepfenhart8 years ago in The Chain
What You Should Do if You Bought Bitcoin at the Top
Ah, Bitcoin. You are a great investment for some, but definitely remain one of the most dangerous investments you can make on a whole. For some people, the danger was well worth it and led to them being real Bitcoin millionaires.
By Rowan Marley8 years ago in The Chain
