bit coin ppt- how to mine digital currencies?
I am sure you are aware of
the fact that bit coins is a decentralized and peer to peer digital currency
system designed to give online users the ability to process transactions via
digital unit of exchange known as bit coins. Now in simple terms bit coin ppt is a virtual currency and
this bit coin system was created in the year 2009 by an undisclosed programmer.
Since then bit coins have
managed to garner huge attention as well as controversy as an alternative to US
dollar, EUROS, and commodity currencies like gold and silver. Let me remind you
that bit coin has not attained much attention in the world of business and
finance before the year of 2009.
Bit coins rose to prominence
in the 2011-2012 when it gained over 300% and it has gained a 400% growth in
its value. As a result venture capital firms and investors around the world
continue to pay importance to this crypto currency. Let me remind you that in
the first half of 2014 venture capital firms invested $ 57 million in bit coins
in the first quarter followed by another $ 73 million in the second quarter and
this amounted to total of 130 million which is really a big investment.
Now this statistics which I
have stated proves beyond doubt that bit coins are really worth your investment
and this begs the question how can you really buy and invest in bit coins? In
my opinion the easiest and the least complicated method to invest in bit coins
is by purchasing bit coins.
There are a lot of established
firms mainly in the US as well as abroad which are generally involved in the
business of buying and selling bit coins. Now if you are living in the US then
coin base is the place you should be looking for since residents of the United
States have the option to sync their coin base wallets with their bank
accounts.
This means that your future
payment transfers are made hassle free and this trading firm gives you the
option of automatic bit coin buying from time to time. For example if you are
really interested in purchasing $50 in bit coins at the beginning of each month
then coin base allows to you set up an auto buy for the amount.
Though the bit coin mini
bubble might burst and this can scare off a few novice investors but this is
actually a consistent occurrence. Now the important thing to realize is that
each time the bit coin ppt currency
recovers it jumps to an even higher value since the currency is volatile in
nature and very profitable.
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