Bitcoin Tsunami

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Showing posts from September, 2017

The #FutureOfMoney Is Here!

Have you heard of #Bitcoin and other #Cryptocurrencies? If you have not, then google them And if you have, then Do you know that as at yesterday, 1 bitcoin was exchanging for $4, 199.23? Do you know that 1$ is exchanging for N370 (conservative) Can you do the arithmetic of converting 1 bitcoin to Naira? Are your eyes popping out of their sockets? What if I told you that earning bitcoin is not rocket science and that there are online sites where you can earn reasonable amount of bitcoin doing very simple tasks that you do everyday on the internet, would you be interested to know of such opportunities? If your answer is yes, then drop your names and whatsapp number and I shall send you more information PS Only serious inquirers are invited please!!!

What Are The Advantages And Disadvantages Of Bitcoin?

What Are The Advantages Of Bitcoin? i. Payment freedom – It is possible to send and receive bitcoins anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Bitcoin allows its users to be in full control of their money. ii. Choose your own fees – There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it’s possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to fiat currency and depositing funds directly into merchants’ bank accounts daily. As these services are based on Bitcoin, they can be offered for much lower fees than with PayPal or credit card networks. iii. Fewer risks for m

So, What Exactly Is Bitcoin?

What is Bitcoin? Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. Who created Bitcoin? Bitcoin is the first implementation of a concept called “cryptocurrency”, which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has si

What Is Bitcoin?

Every country has its own currency. Estonia and the Eurozone have the Euro, Russia has the Rouble and the USA has US Dollars, Nigeria has the Naira and Ghana has the Cedi. We exchange money in banks or specialized foreign exchanges, transfer it worldwide and invest it. In our times of technological innovation it is safe to say that most, if not all money transfers are conducted through the Internet. Is it then such a great surprise that an online currency such as Bitcoin has emerged? Interest in the currency has grown towards the end of 2013 due to significant spikes in the currency’s value, but let’s start from the beginning. In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency – cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of value. Cryptocurrency, just

21 Days Bitcoin Challenge With Dr. Jerry - the First

Hello Friend A new month is about to come upon us. It will be the 10th month of the year 2017, just two months will be left for the year to end. I am sure that one of your resolutions for 2017 is to make more money but the way things have gone so far, that dream is yet to be achieved, I know because I am also in this Country and I know that the National Economy has severely affected our Personal Economies that we are all striving to make a difference in our income. By now, you would have known about the #WorldOfCryptocurrency which is the #WorldOfDigitalCurrency of which #Bitcoin is the #HighestPriced so far. Bitcoin has become the #NewFaceOfMoney and which is in the driver's seat for financial and business transactions all over the world. Some Countries have already recognized bitcoin as a means of payment for their services and very soon it will hit our shores too. Nigeria is already implementing the Cash Light policy and it won't be far now when

The Great March Towards Digital Currency Has Began - #BitcoinRush

CryptoCurrency is MASSIVE! A Solution not a Trend. To put it simply, it is your Money in Digital Form. It will empower those people who have No Bank Accounts. It will facilitate faster financial transactions. It cannot be counterfeited. It is like Facebook which is digital, global and networked. It is carried through the internet via a very Powerful Blockchain Technology which has been the most powerful invention since the birth of the internet. And soon, it will replace the US Dollar as world-reserve currency. Google Countries such as Russia and the People's Republic of China, Central Banks, and the economic analysts and groups, such as the Gulf Cooperation Council, have expressed a desire to see an independent new currency replace the dollar as the reserve currency. - And yet, there are over 400 types of CryptoCurrencies out there but there will be only one CryptoCurrency that will be used globally. This is the year that you

What Are Digital Currencies?

Digital currencies are precisely what they sound like: currencies kept and transferred electronically. They are an internet based medium of exchange or currency distinct from physical coins and banknotes, but allows for borderless transfer-of-ownership and instantaneous transactions. Real digital currencies date back to 1990s. The first digital currency was E-gold, created in 1996 and backed by gold. Liberty Reserve was another digital currency that was founded in 2006; the currency allowed users to convert euros or dollars to Liberty Reserve Euros or Dollars, and exchange them freely with one another at a fee of 1%. Both services were believed to be used for money laundering. Consequently, they were inevitably shut down by many governments such as the USA. Emerging in 2005, QQ coins and Q coins were used on Tencent QQ’s messaging platform as a kind of commodity-based digital currency. In China, Q coins were so effective that they were believed to

Welcome To Our Blog

Welcome To Our Blog Hello Friend I have the pleasure to welcome you to our Blog with the title - #BitcoinTsunami If you are current with respect to the World Economy, and you should be really because it also impacts on the Nation's economy and on your own Personal Economy, then you would have been hearing about Bitcoin and other Digital Currencies which have been making the head line news since 2008. This Blog is dedicated to this digital currency phenomenon that is quick on the heels of the World's leading economists and is threatening to send paper money (analogue currency) into the waste paper basket. It is being speculated that as at this moment, BITCOIN is worth much more than GOLD and lots of people all over the world including Nigerians have been benefitting from the largesse that Bitcoin and other digital currencies have to offer. The Blog will give you real time information on happenings in the world of digital currency (Bitcoin, E