James Irvin

1602141690

Top 4 Incredible Benefits of Bitcoin (BTC)

Bitcoin (BTC) is a digital currency or cryptocurrency which is controlled by the decentralized network of users. Moreover, there are hundreds of cryptocurrencies are in active use today. By the way, Bitcoin is the most popular among the cryptocurrencies and used by most of the traders. Like traditional or fiat currencies, such as INR, USD, Bitcoin also have a value. The whole Bitcoin units can be divided into decimals. Presently, satoshi the smallest Bitcoin unit, or it can be referred to as 0.00000001 Bitcoin.

Bitcoin is one of the most popular cryptocurrency worldwide. It can also be used for purchasing goods that accept bitcoin payments. And also it can be exchanged to both the traditional as well as digital currencies, with the help of cryptocurrency exchange platforms like Koin Bazar, Binance, Paxful, etc. With the help of Bitcoin, you can use it for illegal purposes like buying illegal drugs from the dark marketplace.

There are many benefits of using bitcoins but the main advantage is that it has over traditional banks is the fact which allows international payments to go through without the worry of currency conversions.

Benefits of having a Bitcoin (BTC):

Moreover, Bitcoin has many benefits but here we going to look at the major benefits of bitcoin.

Low Transaction Fee:

The transaction fee for Bitcoin payments is very low when compared to credit and debit card payments. This should make it more advantaged for small business ventures.

No Third-Party Involvements:

The whole Bitcoin(BTC) transaction process is a peer to peer (P2P). There is no involvement of third parties. Nobody could freeze your assets.

Ecosystem is Safe:

Every Bitcoin wallet transaction is signed by the authenticated digital signature before it’s sent to the blockchain. The entire process is safe for storing and exchanging your cryptocurrencies.

Zero Risk Inflation:

Using bitcoins, there is no risk of inflation. Inflation occurs when the Government proceeds more money over the year while decreasing the purchase by the people. But this system is created basically for creating the purpose of being finite. Without the chances of providing more currency, the inflation threat comes down to zero. This is a benefit for both the buyer and the seller.

Wrapping Up:

Being an emerging and innovative technology, we will say that Bitcoin has the potential of changing the economy as we know it before. Thus, we can conclude that the adoption of this technology for a minimal cost is the best one for the businesses and buyers.

So, Are you planning to buy bitcoin in India from the best cryptocurrency exchange platform? Visit Koinbazar and complete the basic procedures.

#bitcoin #cryptocurrency #bitcointrading #bitcoinexchangeplatform #cryptoexchangeplatform #cryptotradingplatform

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Buddha Community

Top 4 Incredible Benefits of Bitcoin (BTC)
Fannie  Zemlak

Fannie Zemlak

1596816000

Savage Bitcoiners Volume 1: Interview with Psychedelic Bart

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Originally published on Citadel21.com April, 21 2020

NamePsychedelic Bart a.k.a. Psycho Bart

Country: United States

**How long have you been into Bitcoin and what got you interested? **

I’ve been into Bitcoin since 2013. I was initially drawn to BTC because I was a volatility junkie and I saw an opportunity to make more fiat. Over the years, I started to look into it more, take it seriously, and accumulate. Once you’ve figured out that Bitcoin is unstoppable, you’re deep in the rabbit hole.

How did you come up with your alias and why don’t you use your real name?

I came up with “Psychedelic Bart” because I grew up loving The Simpsons, Bart’s alter-ego El Barto, and Rob “Killer Acid” Corradetti’s artwork. I don’t use my real name because I value privacy.

Best Bitcoin experience and worst Bitcoin experience?

Best Bitcoin experience – befriending intelligent Bitcoiners over the years. It’s the best when you find people that are on the same wavelength as you. Worst Bitcoin experience – losing Bitcoin to trading shitcoins and leverage. I’ve learned my lesson.

What is the biggest fail you have ever seen in the Bitcoin world?

Mt. Gox. I didn’t get Goxxed but too many Bitcoiners got rekt from the shitty exchange. Learn from this and HODL YOUR OWN BTC.

What do you think about the Bitcoin markets volatility this last year?

Meh. You have to get used to the volatility because Bitcoin is still a new asset or else you’ll never make it out alive.

What are your thoughts on the upcoming halving and how will it affect price?

Not priced in! Most people still have no clue what Bitcoin is and the power it has. Bitcoin will moon again – it was designed to.

What is the biggest threat of COVID to the economy?

Government overreach destroyed Main St. and many small businesses.

What are your thoughts about the US Federal Reserve injecting so much money into the economy because of COVID?

Bbrrrrrrrrrrr.

How do you think this affects Bitcoin?

Anyone with a clue knows that the Fed is addicted to printing money and they’re not going to stop. More people are beginning to learn that Bitcoin is the best hedge.

Why do you think some people, especially noobs gravitate to shitcoins?

False advertising and unit bias. Shitcoiners lie and most people (even the really smart ones) are turned off from Bitcoin’s price.

What do you think most shitcoiners miss about Bitcoin?

That Bitcoin is light years ahead of everything else. Most people fall for the shitcoins’ marketing gimmicks, but when you take the time and figure out what the truth is, you’ll go all into BTC.

What do you have to say to shitcoiners who claim Bitcoin will fail?

Shitcoiners talk out of their asses all the time. I love this legendary quote: “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry” - Satoshi Nakamoto.

**Who is the biggest Bitcoin sell out that deserves to be put on blast? **

Trace Mayer. Imagine building your reputation for years, then ruining it in a span of weeks with Mimblewimble Coin and other nonsense.

**Who are some of the most hardcore Bitcoiners you know and why? **

The most hardcore Bitcoiners are the ones that build, code, and HODL. Nothing beats skin in the game. Big shoutout to the contributors who write and review code.

**What Bitcoin startups or companies are you most excited about? **

Too many LOL. Coinkite, BTCPay, Samourai, Wasabi, River Financial, Unchained Capital, Cash App, Swan Bitcoin, LN Strike, Lolli, Fold App, Blue Wallet, myNode, Casa, and much more.

**What are your goto Bitcoin storage options? **

Coldcard Wallet. I recommend using it with a long passphrase for most people, multisig for the advanced crowd.

Any tips you want to give to people new to Bitcoin?

HODL your own keys, get used to the volatility, and dollar cost average.

Name some of your favorite information sources and/or podcasts in the space.

Stephan Livera, Tales from the Crypt, John Vallis’s Rapid-Fire podcast, Fun with Bitcoin podcast, Bitcoin Pleb Talk podcast, bitcoin-only.com, and of course Bitcoin Twitter.

Any last words of wisdom?

Think for yourself and never give up your freedom.

For more Bitcoin Articles check out www.citadel21.com!

Pirate Beachbum_ has been into Bitcoin since 2014 and doesn’t consider himself anyone special. Over the years he has written dozens of articles about Bitcoin, and interviewed many of the top minds in the space. Most people know him from co-founding a rogue group of Bitcoiners, who call themselves the Bitcoin Taco Carnivore Plebs, with his good friend Hodlonaut._

#bitcoin #savage-bitcoiners #citadel21 #hackernoon-top-story #bitcoin-spotlight #bitcoin-maximalism #bitcoin-price #btc

Lisa joly

Lisa joly

1624557600

WOW Bitcoin Just hit $31K// My Top 10 Ways to Get More Bitcoin in 2021

Hey guys, in this video i talk about my top 10 ways to get more Bitcoin with what you currently have in your situation. It’s all about making some small sacrifices now and leverage BTC this year. Bitcoin is expected to smash through it’s All time high and have a massive bull run in 2021. A sense of urgency on your part is need if you want to take advantage of the current price of BTC now before it goes to $40k and beyond.

📺 The video in this post was made by Crypto expat
The origin of the article: https://www.youtube.com/watch?v=FZ7Gmvc-5nM
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #get more bitcoin #wow bitcoin just hit $31k// my top 10 ways to get more bitcoin in 2021 #top get more bitcoin

Abigail betty

Abigail betty

1624323600

How to Buy Bitcoins in 2021? (4 different methods reviewed). DO NOT MISS!!!

Here’s a quick guide for buying your first Bitcoin:
Step 1 – Get a Bitcoin wallet
Step 2 – Find your Bitcoin address
Step 3 – Go to Coinmama and choose the amount of Bitcoin to buy
Step 4 – Enter your Bitcoin address and payment information
That’s how to buy Bitcoins in a nutshell. For a detailed explanation watch the complete video, here’s what I’ll cover:

0:51 - Bitcoin wallets in a nutshell
1:47 - How many Bitcoins should you buy?
2:44 - Choosing a Bitcoin exchange
4:53 - Trading platforms vs. Brokers
6:20 - Registration + KYC
6:55 - Moving your Bitcoins from the exchange
7:44 - Bitcoin ATMs
8:31 - Buying from an individual
📺 The video in this post was made by 99Bitcoins
The origin of the article: https://www.youtube.com/watch?v=tuUO-Q4_b5c
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #bitcoins #how to buy bitcoins in 2021 #buy bitcoins #how to buy bitcoins in 2021? (4 different methods reviewed)

John Garcia

John Garcia

1624237200

Bitcoin Price Targets & Trade Setups l BTC Technical: Open Interest & Key Fibonacci Levels

Following the recent price action in the BTCUSD chart I thought it would be fitting to update everyone on my view on the market. Taking a look at some key levels to watch for potential trade setups using technical analysis. We also discuss gauging the strength in market trends using volume and open interest along with a few other useful tools when it comes to charting.
Timestamps:
0:00 Intro
0:30 Trend Shifts & Open Interest
2:30 Short Term Trade Setups
5:15 Symmetrical Triangle Macro Trend Breakout
5:50 Potential Swing Trade Setup
8:30 Contemplating the Downside
9:25 Analyzing Moving Averages
11:35 Closing Thoughts
📺 The video in this post was made by Invest Global
The origin of the article: https://www.youtube.com/watch?v=fDxS1_1vPr8
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #bitcoin price targets #btc #bitcoin price targets & trade setups l btc technical: open interest & key fibonacci levels #btc technical analysis

John Garcia

John Garcia

1624207020

El Salvador's New Bitcoin Citizenship By Investment Program + Passport - CBI for 3 BTC?

Today we discuss El Salvador’s recent moves to adopt bitcoin as legal tender and implement a new citizenship by investment program where investors will be able to acquire the passport with just 3 BTC. I explain my thoughts on this move from a global perspective with other countries looking for safe havens against the continued decline in fiat currencies and how Bitcoin can provide a first mover advantage opportunity for those willing to take on some of the political and economic risk it may bring in the short term. We also review the passport, geographical location, history of the old currency & some important things to keep in mind as far as safety goes in El Salvador. Enjoy!
📺 The video in this post was made by Invest Global
The origin of the article: https://www.youtube.com/watch?v=tgTYSuzbzQE
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #btc #el salvador's new bitcoin citizenship #cbi for 3 btc #el salvador's new bitcoin citizenship by investment program + passport analysis - cbi for 3 btc?