Bitcoin

  • What's so special about Bitcoin?
  • The price of Bitcoin has had it tough over the last year. But just because the price is down, it doesn't mean that there isn't amazing potential with the digital currency and the technology it uses. So what is so special about the technology that Bitcoin uses? And how can you get your slice of the action? Read on to find out… The special thing about Bitcoin is the blockchain The t... ››› more
  • [29 January 2015]
  • Bitcoin: What happened in 2014 and what lies ahead
  • In its short life, 2014 was by far the worst year for Bitcoin. The digital currency shed a massive 67%. That means it earns the worst performing ‘currency' award of last year. So far, 2015 isn't looking much better for Bitcoin. Two weeks ago it plummeted another 47% to $170. Now it's back around $265. Let's take a closer look at what's going on and what may lie ahead… What happened... ››› more
  • [28 January 2015]
  • [Infographic] Everything you need to know about Bitcoin in a nutshell
  • There's no denying that digital currency, bitcoin, has taken the world by storm. Not just as a trading mechanism, but as a viable investment opportunity too. But many investors are still sceptical about the currency and how it works. In the infographic below, we reveal the ins and outs of bitcoin including how it works and how you can use it to make serious money in 2015. To sha... ››› more
  • [06 January 2015]
  • WARNING: Bitcoin is doomed for failure
  • We all get excited when new technology arrives on our doorstep. But, not all new digital platforms will end up surviving. Take Bitcoin for example, the media describes Bitcoin as the currency of the future... I think not! It's a currency destined for disaster. You see, Bitcoin is a digital currency (Cryptocurrency). The transactions take place between users, directly via a comput... ››› more
  • [20 November 2014]
  • Now you can store your Bitcoin in a South African wallet…
  • This week saw the arrival of the first Bitcoin wallet developed in South Africa. The wallet's main focus is its ease of use whether you're new or experienced when it comes to Bitcoin. And it looks like it has hit the mark with its appealing interface. Let's take a closer look at this latest Bitcoin development in South Africa… A proudly South African Bitcoin wallet BitX has just l... ››› more
  • [19 November 2014]
  • Could a Bitcoin stock exchange become a reality?
  • The CEO of NASDAQ-listed Overstock.com recently launched a wiki page to explore the idea of a Bitcoin stock exchange. Patrick Byrne came across 13 other groups working on similar ideas. He's now created a division within his company to drive this idea from a dream into a reality. So what's the idea behind the Bitcoin stock exchange? And what would be the advantages of such an exchange? L... ››› more
  • [23 October 2014]
  • Two major advantages of using Bitcoin as a currency
  • If someone had said to you a couple of years ago about using a digital currency to pay for goods, you might have dismissed the idea. But Bitcoin is now growing in popularity and the idea of using a digital currency is no longer such a strange concept. With Bitcoin the most popular digital currency out there, what would be the advantages of using it? Let's take a closer look… Bitco... ››› more
  • [18 September 2014]
  • Can you put your faith in Bitcoin?
  • Bitcoin is really starting to take the world by storm. It's displaying all the signs of going mainstream. As more people adopt it, this will lead to even more people using it. Bitcoin has the potential to change the banking system and the way regulatory authorities conduct their business. But the question is, can you trust it? Let's take a closer look… The advantages of Bitcoin ... ››› more
  • [17 September 2014]
  • It's just a matter of time before the price of Bitcoin starts to soar
  • Over the last couple of months, the price of Bitcoin has struggled somewhat. Some analysts put this down to the number of people mining the digital currency and selling it on straight away. Adding to this flood of Bitcoin to the market are merchants. Instead of holding onto Bitcoin, they're turning them into real cash. These two factors are putting downward pressure on the price, but it ... ››› more
  • [08 September 2014]
  • Getting started with Bitcoin: The four types of Bitcoin wallet you can pick from
  • Before you can even think about buying Bitcoins, you need to have somewhere to store them. For this you need a Bitcoin wallet. There are four different types of Bitcoin wallet available. So what are the differences? And how safe are each of them? Let's take a closer look… Bitcoin wallet #1: Desktop wallets Desktop wallets don’t depend on a third party service, so that can be adv... ››› more
  • [18 August 2014]
  • Where to look to make money from Bitcoin
  • There are a lot of similarities between Bitcoin and the discovery of gold. The gold rushes that ensued discoveries of the yellow metal led to furious mining. Those that got in early made a lot more money than those who were slower to get in on the action. You can say the same for those who got into Bitcoin mining in its early days. So what can you learn from the parallels between gold mi... ››› more
  • [17 August 2014]
  • Eight tips to help keep your Bitcoin safe from cybercrime
  • As a digital currency, Bitcoin is growing in popularity. But Bitcoin has had its fair share of controversy. This includes the theft of Bitcoin. So if you're seriously considering getting into Bitcoin, how can you ensure that your Bitcoins are safe? Read on to find out what you need to do… Buying into Bitcoin Just last month, South African payment processor PayFast announced that i... ››› more
  • [14 August 2014]
  • Digital currency uncovered: How to start using Bitcoin
  • Using digital currencies as a means of paying for things may have you terrified. But the good news is, you don't have to be. Using digital currencies like Bitcoin is actually not as difficult as you might believe. And it's also a lot safer to use than you might think. So if you're desperate to start using Bitcoin, how do you start? Read on to find out… The ins and outs of getting ... ››› more
  • [13 August 2014]
  • If you want to follow the big money, you have to consider Bitcoin
  • The interest in Bitcoin is rapidly growing. In the US this year alone, six new Bitcoin hedge funds have appeared. So what does this tell us about Bitcoin? Does it indicate that the future is looking good for the digital currency? Let's take a closer look… Big investors are ploughing money into Bitcoin funds The launch of so many Bitcoin hedge funds this year is a very strong indic... ››› more
  • [28 July 2014]
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