Archive | bitcoin

Instead of Buying Bitcoin, Play This Bitcoin Trading Game

I’ve lost over $300,000 worth of bitcoin so far. Now’s the bit where I’m supposed to tell you it’s all fake, and I only lost it in the cryptocurrency trading simulation game Bitcoin Flip. But no, I actually bought $400 worth of bitcoin back when it was cheap, then left it in the hands of […]

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Should You Buy Bitcoin?

We’ve already told you how to buy Bitcoin and other cryptocurrencies. But should you? In the video above, Coin Talk podcast hosts Aaron Lammer and Jay Caspian Kang say yes…but they have some caveats. (In further conversation, they compare buying crypto to playing video games or gambling.)Read more… Continue Reading at http://lifehacker.com

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How to Win at Bitcoin, With Aaron Lammer and Jay Caspian Kang

This week our guests are the hosts of Coin Talk, a podcast about Bitcoin, cryptocurrencies, and the blockchain. Journalists Aaron Lammer and Jay Caspian Kang talk to us about their show, their own adventures trading crypto, and the weird culture of ICOs, conmen, and speculators that Aaron calls “Coinworld.”Read more… Continue Reading at http://lifehacker.com

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The “bitcoin of ticketing” aims to cut down on ticket fraud

Hardcore music fans have long been detestful of scalpers and their ilk of third party ticketing websites, like StubHub. Thankfully, two recent graduates from Imperial College London – Annika Monari, 25, and Alan Vey, 24 – have created what they’re calling a “bitcoin of ticketing” system in the hopes of altogether eliminating the problem of […]

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How to Use the New Bitcoin Price-Checking App by CoinMarketCap 

iOS: Cryptocurrency-tracker CoinMarketCap is one of the most popular websites around—both for Blockchain enthusiasts and financially minded folk. Today, the site is celebrating its fifth birthday by launching a (long overdue) iPhoneapp to help you check the price of Bitcoin and other cryptocurrencies on the go.Read more… Continue Reading at http://lifehacker.com

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4 Things You Need To Know About Cryptocurrencies

2017 was the year when cryptocurrencies became mainstream. Bitcoin lead the race and went from trading for under $1,000 in January 2017 to an all-time high of over $20,000 in December 2017. Now everybody seems to be talking about Bitcoin, with mainstream media running nonstop sensational stories on the subject. It is obvious to me […]

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Everything You Could Possibly Want to Know About Cryptocurrency Is Now All in One Place

Over the past few months, I’ve written a lot of articles trying to demystify the world of cryptocurrency (from the coins themselves to blockchain to what it means for your taxes), but there’s still a ton left to cover. You could probably spend the rest of the year reading about cryptocurrency and still have more…Read […]

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Tether: How a Cryptocurrency You’ve Never Heard of Could Tank the Price of Bitcoin

Bitcoin is crashing, but you probably already knew that. However, If you haven’t spent the past few weeks desperately refreshing CoinMarketCap (or one of the other sites that tracks the value of cryptocurrencies) you may have missed a shocking drop that’s erased much of the value built up over 2017.Read more… Continue Reading at http://lifehacker.com

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What to Know About Monero, the Black Market Cryptocurrency That’s Going Mainstream

Over the weekend, we learned that hackers were using YouTube ads to take over computers and force them to mine cryptocurrency. These types of attacks (known as cryptojacking) are only becoming more common, but a closer look at the practice reveals that it’s usually tied to one particular currency: Monero.Read more… Continue Reading at http://lifehacker.com

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How Much Should I Regret Not Buying Bitcoin?

The first bitcoin transaction ever was by man who bought two pizzas. That arrangement would be worth over a $100 million today. Regret was baked into Bitcoin from the beginning. Last year, somewhat inexplicably, Bitcoin’s price rose more than 1,000 percent. That number has since dipped, but a single bitcoin is still,…Read more… Continue Reading […]

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How to Buy Bitcoin With a Credit Card—and Why You Probably Shouldn’t

The price of Bitcoin is the lowest it’s been in weeks, and you may want to get in in on the action before its value shoots back up again (assuming it ever does). There’s nothing wrong with investing some money in cryptocurrency—as long as it’s money you can afford to lose—but a growing number of […]

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50 Cent reportedly made millions in bitcoin from 2014 album sales and forgot until now

50 Cent is erring towards the former as far as”get rich or die tryin’” goes. The rapper, who previously filed for bankruptcy protection in July of 2015, only to be discharged in 2017, sold a $60-million share in Effen Vodka just last year, appears to now have realized he reportedly made millions after accepting bitcoin for his last album.Despite […]

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How One Person Caused the Price of Cryptocurrencies to Plunge

It’s no secret that the value of Bitcoin and other cryptocurrencies can be volatile, but on January 8th the entire market took an unprecedented plunge—one that it still hasn’t recovered from. At the time, there was no shortage of factors to blame, from the threat of crypto-regulation by national governments to …Read more… Continue Reading […]

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