Tag Archives bitcoin

Blockchains are distributed peer-to-peer networks that can have many different applications. Bitcoin is the mother of all blockchain technology and it acts as a financial network, ledger, software, currency and asset. We’re dealing with new technology that can simultaneously integrate multiple functions, which is why regulators have a hard time defining cryptocurrencies. Blockchains can be quite […]

Theft and human error are the greatest risks to bitcoin and cryptocurreny holders. There are many benefits to using Bitcoin just as long as you keep your private keys secure. Transactions are irreversible which makes it very difficult to recoup lost funds. For those who are new to crypto, here are three simple steps to […]

Bitcoin is a paradigm shift that’s changing the way we perceive money. It allows individuals to have full control over their finances without needing to go through a bank. Many investors are starting to use bitcoin as a long term store of value and hedge against financial uncertainty. If you’re new to Bitcoin and feel […]

Bitcoin’s bull trend is likely the result of new money coming into the markets. Since the supply is limited, new market demand can increase buying pressure on the price. With the current halving of mining rewards the creation of new coins are reduced, which adds to the scarcity. Unlike the parabolic bull market of 2013 […]

Bitcoin is known for its aggressive bull trends. There are many risks associated with owning bitcoin such as volatility and keeping your coins secure from hacks. That said, there are also many positive benefits for including bitcoin in your portfolio. #1: Store of Value Although bitcoin has its bear cycles like any other market, the long […]

blockchain

Technology is evolving so quickly that our social habits are constantly being upgraded to adapt to new paradigms. Disruptive technology often starts off in the fringes of society amongst a dedicated group of innovators and early adopters, yet slowly integrates its way into mainstream culture. An example of this, is the blockchain revolution. The internet […]

Last week bitcoin broke out above prior resistance at $470, after coiling up inside a 6 month ascending triangle. China is the driving force of this bull trend, taking a 5-10% lead over the USD markets. The breakout happened on the exact day that China devalued the Yuan at over a five-year low.   The […]

As a new payment method, bitcoins are gaining acceptance among consumers and businesses around the world. Recognized as a payment that circumvents the hassle of currency exchange and offers alternatives to credit and debit cards, bitcoins are now being used in more places than you may realize. As The New York Times explained about bitcoin’s […]

Compared to most countries in the world, Russia has a had a hard stance when it comes to bitcoin. In fact, in February 2014, Russia’s General Prosecutor’s Office stated “The official Russian currency is the ruble. The use of any other monetary instruments or surrogates is forbidden.” The office added, “The anonymous payment systems and […]

Despite the presence of Uber and Lyft, Taxis are still a popular option for tourists and commuters who are either on a budget or don’t own a smartphone. And, with cab companies starting to accept payment methods like Apple Pay, Android Pay, or Samsung Pay, the ability to catch and pay for a cab has […]

Start Getting Paid Today
Due allows you to send money and get paid instantly.
Try Due for free

Pin It on Pinterest