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  • cqwww 6:39 pm on January 3, 2017 Permalink | Reply
    Tags: bitcoin, BTC, cryptocurrency   

    Another chance to consider Bitcoin 

    As we have economic uncertainty in several countries around the world, you have to think where the world’s elite are looking to put their money, and there’s a notable faction of them choosing digital crypto currencies, specifically Bitcoin. It’s went up around $200 USD in the last month alone since the Trump win. I bought some this afternoon, and have made 3 figures by the time I got home to write this. On top of all of this, it’s the 8th anniversary of Bitcoin today!

    Bitcoin Prices Dec 2016

    Bitcoin Prices Dec 2016 via CoinDesk

    If you’re interested, you can find an exchange like Kraken.com and create an account. Once you have an account, go to their verification section under settings and go through as many tiers as you’re comfortable. Then you’ll need to transfer money from your bank there — at which point you can purchase/trade any of the digital crypto currencies they offer. Once you have your bitcoin, I recommend you create a wallet and remove your bitcoin from the exchange (in case the exchange is ever hacked, as many have been) and keep it on a USB stick or something more fancy like Trezor. (I just bought their multi-pack with a friend, let me know if you want the third one)

     
  • cqwww 7:19 am on March 19, 2013 Permalink | Reply
    Tags: bitcoin, cypherpunks, digital currency, dolla, dolla dolla bills, money   

    Big day for bitcoins! 

    If you’ve never heard of bitcoins, they are a decentralized digital currency based on an open-source, peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009.

    Today was a big day for bitcoins for two reasons; the U.S. Financial Crimes Enforcement Network (FinCEN) released the US Treasury Guide on Virtual Currencies. But more importantly it’s the first day they traded over $50 per $1USD!

    Bitcoin Graph

    Bitcoin trades from the last year

    If you want to get started with bitcoins, check out the weusecoins.com Getting Started page.

    If you want to practice using it, you can send me a fraction of a bitcoin at my bitcoin wallet address: 1P2qXeETYqf7b9XnkDjdqKmFZsEtuoJty6.

     

     
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