Bitcoin price took a deep plunge There is a huge drop in crypto-currency prices earlier this week following a move by the Chinese government to ban new Chinese Yuan deposits at BTC China, the country’s biggest Bitcoin exchange. This was followed by an order by China’s central bank to payment processors in the country to Continue reading “Bitcoin price took a deep plunge”
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China Banks told not to use Bitcoin
China Banks told not to use Bitcoin There are many speculations that much of the latest Bitcoin and Litecoin bubble originated from China. It doesn’t take an observant eye to realize that the bubble may have just burst. But the long term outlook for Bitcoin and Litecoin still looks good, if not better for some. Continue reading “China Banks told not to use Bitcoin”
How to mine Bitcoin – Beginners Guide
How to mine Bitcoin – Beginners Guide Bitcoin value has exploded recently with the intervention of Federal Reserve Chairman, Ben Bernanke where he commented that “they may hold long-term promise” during last week’s U.S. Senate hearing on the Potential Risks, Threats and Promises of Virtual Currencies. It is introduced in 2009 as a peer-to-peer payment Continue reading “How to mine Bitcoin – Beginners Guide”
5 Top Bitcoin alternatives
5 Top Bitcoin alternatives Bitcoin is a crypto-currency that functions as a peer-to-peer digital currency without the intermediation of a central authority. Lately, with the price surging, it has generated a great deal of interest with investors and parties interested to get in to the Bitcoin market. But Bitcoin is actually not the only option. Continue reading “5 Top Bitcoin alternatives”