We have to face the fact that cryptocurrencies are not all created equal. There are some important differences from one currency to the next, and even within a single currency explains Brian Colombana. Additionally, there is a lot of confusion surrounding them, especially for newcomers who have heard many rumors about these currencies without understanding their true nature. This article will help you get through some of this confusion and guide you toward a better understanding of the different kinds of cryptocurrency wallets, what they can do for your digital finances, and which ones might be best suited for your… Read More »Brian Colombana- How to get a cryptocurrency wallet
The first thing you need to know about getting rich quickly with cryptocurrency is that there’s no such thing says Brian Colombana. Did your nephew promise he’d give you a bunch of bitcoin if you just send him a few bucks? Did a friend from high school say that she invested in bitcoin and thinks you should too? Great news! The latest investment fad involves buying up cryptocurrencies and hanging onto them until they increase in value by an exponential amount. Sound familiar? That’s because it almost exactly mimics the hot-off-the-presses get-rich strategy from last year: buying up marijuana stocks.… Read More »Brian Colombana- How to Get Rich Quick with Cryptocurrency Investing
Virtual currencies such as Dogecoin, BitCoin and LiteCoin are all the rage. Yet, when it comes to keeping your wallet safe, many people don’t take the necessary precautions explains Brian Colombana. Here’s a rundown of what you need to know to stay on top of your digital currency. Take Control: It’s Your Money. Here are 5 Key Tips: First and foremost: You can’t “lose” cryptocurrency if no one else has it in the first place! The only way they go missing is if you fail to keep them safe. This means safeguarding any device that is used for transacting cryptocurrencies… Read More »Brian Colombana explains How to Keep Your Cryptocurrency Safe
How to Mine Bitcoin Gold Bitcoin Gold is a Hard Fork that allows you to mine Bitcoin with GPU. BTG implements a new PoW algorithm, Equihash, that makes mining decentralized again says Brian Colombana. Satoshi Nakamoto idealistic vision of “one CPU one vote” has been replaced by a reality where the manufacture and distribution of mining equipment have become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole. By changing Bitcoin’s proof-of-work algorithm from SHA256 to Equihash, all of the specialized SHA256 mining… Read More »Brian Colombana- How to Mine Bitcoin Gold [BTG]: Complete Beginners Guide
If you aren’t familiar with the term ‘cold storage’ then I suggest reading my previous article first says Brian Colombana. In this tutorial, we will be using a Linux live boot disk to securely generate an offline bitcoin wallet and address. For those of you who are already familiar with cold storage, we’ll go through some slight variations on the process and use an Ubuntu desktop distribution as opposed to a minimal Debian install like previously. The main goal is to make sure that the entire wallet creation process takes place on an un-networked machine, meaning it’s never touched by… Read More »Brian Colombana explains How to secure your bitcoins offline – Cold storage guide
If you’re new to the cryptocurrency scene, you might have heard this term being thrown around in conversations says Brian Colombana. You’ll also see it on newsfeeds and websites that have anything to do with cryptocurrencies. Before we go any further, let’s try to understand what does ICO means? An Initial Coin Offering is similar to an IPO (initial public offering) but for cryptocurrencies. To put it simply, people are able to purchase newly issued tokens with crypto coins like ethereum or bitcoin. It’s safe to say that they are quite popular nowadays since a lot of projects using this… Read More »Brian Colombana- How to Understand Cryptocurrency Terms like Icon, Hard Fork, and Soft Fork
It’s been a remarkable year for Bitcoin – the world’s first decentralized cryptocurrency – and its underlying blockchain technology says Brian Colombana. At the start of 2014, one Bitcoin was worth around $20. By November it had skyrocketed past $420 a coin with a market cap of over $4 billion. But while much of the excitement has been focus on how bitcoin could disrupt current payment systems and makes lots of early investors rich, another cryptocurrency is rapidly catching up: Ethereum. The buzz about this platform began slowly earlier this year when it built momentum amongst developers looking for more… Read More »Brian Colombana- Is Ethereum ‘The Next Bitcoin’? Is It the Next Big Thing After Bitcoin?
Ethereum has been the first choice for many ICOs lately, but that’s going to change soon says Brian Colombana. Stellar Lumens and Ripple are both gaining a lot of attention from investors as they’re seemingly positioning themselves as a replacement for Ethereum. The question is which one will be at the top first? In this article, we’ll compare both cryptocurrencies and try to predict who might have an advantage in 2018. We’ll also look into how these platforms work, their market caps as well as some other important details you need to know about before investing in either XLM or… Read More »Brian Colombana- Ripple (XRP) vs Stellar Lumens (XLM): Which Coin Will Perform Better?
Forex trading with bitcoin is a new way many are choosing to invest their money. While this method of currency trade may be convenient, the fluctuating value of bitcoin makes it difficult for those who are more experienced says Brian Colombana. As with any type of financial transaction, there are advantages and disadvantages associated with forex trading using bitcoins. The following will explain some of these pros and cons so that an individual can determine if they should give the Fintech industry a shot. Disadvantages Associated With Trading Forex Using Bitcoin The average individual or professional trader does not have… Read More »Brian Colombana- The Advantages and Disadvantages of Trading Forex Using Bitcoin
Brian Colombana- The Best Bitcoin Wallet Review – Everything You Need To Know Before Start Buying BTC
The best Bitcoin wallet is open-source, secure, and easy to use. It’s available on all major platforms says Brian Colombana. This article gives an overview of the best Bitcoin wallet options, how they work, and what to look for when selecting the right wallet for your needs: If you want to buy Bitcoins quickly in a convenient manner, then buying directly from an exchange may be your best choice. However, if you choose to go down this route it’s really important to take your time and do some research before choosing where you buy Bitcoins from so that you don’t… Read More »Brian Colombana- The Best Bitcoin Wallet Review – Everything You Need To Know Before Start Buying BTC