Looking to succeed in bitcoin trading? One great way to make this happen is to listen to those who have already succeeded in this brave new investment world. A perfect example is Tim Enneking, a hedge fund manager who holds the all-time annual performance records for both funds (5,556.39 percent) and also […]
Bitcoin investors still have one big problem. When they try to explain bitcoin to friends and family, they get the question, “Isn’t bitcoin the money that people use to buy drugs online?” Even today, when a single bitcoin bought one year ago would have produced a 900% return, many people […]
What happens to your bitcoin if you die? If you are like many people, you may not have given this much thought. After all, it is not a pleasant topic. However, if you have a spouse or children as dependents, you should absolutely consider your digital currency holdings in your […]
Diversification plays an important role in investing, even in the case of digital currencies. By holding a broad portfolio of different digital currencies, you may be able to add returns as well as reduce the single currency risk you would face if you only made a bitcoin investment. When constructing […]
The bitcoin market has been idyllic. Despite some moments of minor downshifting in market position, the value of bitcoin is twice today what it was in July 2017 and four times what it was in March 2017. However, this market tranquility is unlikely to last. Since September 1, the market […]
When making your first bitcoin investment or when using bitcoin as an online spending currency, it is important to be aware of the fact that there is no uniformity among states in the US regarding bitcoin regulations. Different laws apply to the sale of bitcoin in different states and the […]
It recently came to light that the Revenue Service (IRS) has been using bitcoin transaction tracking software in an attempt to identify citizens who have not been paying capital gains tax on their bitcoin investments. Interestingly, in 2015, the same year when the IRS purchased the tracking software from blockchain […]
News about bitcoin wallet seizures has filled the news of late. In April 2017, a self-described prolific bitcoin trader had his bitcoin and transaction records seized on allegations of money trafficking and financing illicit activities. In June, the popular wallet provider Coinbase has reportedly seized wallets from users based in […]
In August 2017, the bitcoin blockchain split into two blockchains to create a new digital currency called “bitcoin cash.” The reason behind this was the ongoing discussion in the bitcoin community on how to best address bitcoin’s scalability challenges. In this article, you will learn about the difference between bitcoin […]
According to the Cambridge Center for Alternative Finance, there are three million altcoin users worldwide as of May 2017. “Cryptocurrencies such as bitcoin have been seen by some as merely a passing fad or insignificant, but that view is increasingly at odds with the data we are observing,” said Dr. […]
