Bitcoin for Beginners: How to Buy Bitcoins, Sell Bitcoins, and Invest in Bitcoins

Minoan Marketing
59
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Bitcoin for Beginners

Bitcoin has taken the world by storm. The reasons are obvious.

With the value of Bitcoins increasing by 1,000% in less than a year, Bitcoins have been a lucrative investment for many.

Bitcoins can offer privacy to individuals that their own currencies do not offer.

Bitcoins offer safety from the inflation caused by the widespread money printing going on throughout the world.

Bitcoins are an international currency and are free of countries and borders

In Bitcoin for Beginners - How to Buy Bitcoins, Sell Bitcoins, and Invest in Bitcoins you will learn about:

What Bitcoins are
The history of Bitcoins
How Bitcoins work
How Bitcoin mining works
How to use Bitcoins
The Benefits of Bitcoin
Bitcoin wallets
Using Bitcoin as a currency
Investing in Bitcoins
And much more

Many avoid Bitcoins because they seem too complicated. Bitcoin for Beginners is an easy to understand, plain English guide that is free of complicated and confusing technical jargon. You will learn all about Bitcoins in a simple, straight forward way that is easy to understand.

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Additional Information

Publisher
Minoan Marketing
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Published on
Jan 8, 2014
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Pages
60
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Language
English
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Genres
Business & Economics / E-Commerce / Internet Marketing
Business & Economics / E-Commerce / Online Trading
Business & Economics / Personal Finance / Investing
Business & Economics / Personal Finance / Money Management
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Content Protection
This content is DRM protected.
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Read Aloud
Available on Android devices
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Eligible for Family Library

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 The Digital Coin Revolution - Crypto Currency - How to Make Money Online
Table of Contents
The Digital Coin Revolution
Crypto Currency
Make Money Online
Muhammad Naveed & John Davidson
What Cryptocurrency Really Is
An Introduction to Cryptocurrency
What is the Function of this Digital Coin?
Forms of Cryptocurrency
Bitcoin (BTC)
Litecoin (LTC)
Altcoins
Advantages and Key Features of Cryptocurrency:
Some Drawbacks of the Cryptocurrency
Cryptocurrency Are Being Accepted by More Websites Everyday
Places Where Cryptocurrency is Accepted and the Incentives it Gives to Involved Persons
Methods to Generate Money through Cryptocurrency:
Comparison of the Two Methods, Investing and Mining:
Research before Making the Plunge
Continuously Evolving:
Great Potential for Growth:
How to Get Your Very First Cryptocurrencies
Cryptocurrency Still Has a Long Way to Go
Mining Cryptocurrency
What’s a Mining?
Solo Mining
Pooled Mining
Stratum Protocol
CPU Mining
GPU Mining
Recommended GPU:
ASIC Mining
FPGA Mining
Economics of Mining
How Newbies Should Mine for Cryptocurrency
Is This the Right Time for BTC Mining?
Profitability of Mining
Network Mining Limits and Market Caps
Trading Cryptocurrency
Legitimate Economic Activity with Cryptocurrency
Merchant Processing
Underground Economic Activity with Cryptocurrency
Political
Privacy
Technical Barriers
Government Regulations
Conclusion

In this book learn what the Digital Currency Revolution is all about. Learn how you can set up your own digital vault and start earning your own digital cash on your very own computer. Learn how to mine digital currency.

What Cryptocurrency Really Is.
For the purpose of making easier transactions, the world, throughout history, has assigned pressed coins in old times to trade products and in present, printed currency was invented. However, this has increased the number of countries that are getting trapped into debt or for sure are facing difficulties in meeting the needs of their fiscal targets in modern era’s functions of mass Demand and Supply on an international level. The trend towards a financial society that is more centralized has changed towards seeking decentralized money that could sidestep regulations of a specific nation towards the needs of international market.
It is a system of payment that eliminates the requirement of a financial intermediary between two parties wanting to transmit money using the internet. It is a less costly method and at times, it’s totally free. The transaction is kept unnamed as well. A man named Satoshi Nakamoto invented a new type of digital currency that could use the method of Peer-to-Peer (P2P) System, in 2008. This network itself is commonly referred as individual’s network that is decentralized and these individuals don’t need to know each other essentially. This system would allow the network that is decentralized, to work mutually cracking Algorithms by using high-powered rearranged Graphics Cards probably cracking a block that yielded the reward of cryptocurrency. Here Satoshi wanted to be the first one to crack and collect the profits of the famous "Genesis Block" in 2009. After his hard work and huge reward, a number of enthusiasts of computer hardware are attracted to it and are seeking to obtain a piece from this newly discovered digital gold pit for themselves.
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