A blockchain is a digital ledger that stores mostly monetary-related data. It’s a decentralised system that helps a variety of businesses operate without the constant worry of being hacked. Naturally, many people wonder why they should switch to this system, instead of using the already established database as a way of keeping records. Granted, a […]
Author: bitamp
What Can You Buy with Bitcoin?
In the early days of Bitcoin, many who believed in the cryptocurrency’s potential power believed that it would soon be the biggest alternative to traditional currency in the market. While that has happened to some degree, these days, Bitcoin is primarily used as a long-term investment or traded like any other asset. One of the […]
What is a Bitcoin Mining Pool? How to Join Bitcoin Mining
If you’ve done any reading about Bitcoin recently, you may know that one great way to make some Bitcoin is to mine it. Many miners decide, though, not to go it alone as the power of one just can’t compete with the mining pools out there today. Understanding exactly what a mining pool is, though, […]
Can Stolen Bitcoin Be Recovered?
You’ve likely seen the headlines before – Bitcoin stolen! It has happened to high profile Bitcoin owners. It has happened to average individuals who were just interested in using Bitcoin as an alternative to traditional currency. In fact, it is estimated that more than 1 million Bitcoins have been stolen from exchanges and traders on […]
How Can You Tell It Is a Bitcoin Scam?
The number of Bitcoin profit scams is on the rise. You may see a giveaway scam that promises to double the amount you send. You may even see it promoted by some of your favorite influencers on social media, but only because their accounts were hacked. At any rate, you don’t want this to happen […]
How Do I Cash Out Bitcoin to My Bank Account?
Bitcoin is an attractive option for many. The market is hot, and despite the tumble it took in 2017, it’s quickly getting hotter thanks to the financial problems from the COVID-19 outbreak. It’s a great investment and a great way to get away from traditional fiat currency, but if you want to withdraw Bitcoin wallet […]
How to Get Free Bitcoin
Buying Bitcoin is an excellent investment, but if you’re like many people, you may not be able to buy quite as much Bitcoin as you’d really like to hold. Fortunately, there are other ways to get Bitcoin. In fact, there are even way to get free Bitcoin. Are you interested in how to get free […]
How to Buy Bitcoin Without ID
If you’re getting ready to make your first Bitcoin purchase, you may already be a bit confused at the extensive choices involved. If you do any amount of reading, you probably know that just buying Bitcoin can be a bit overwhelming, and if you need to buy Bitcoin without ID, that can be even more […]
Investing in Bitcoin
There are many different ways to buy Bitcoin today – through exchanges, through your broker, and maybe even through a previous owner. If you’re new to the world of Bitcoin, though, you may want to weigh the risks and benefits of Bitcoin investing before you actually make a decision to include it in your portfolio. […]
How to Buy Bitcoin with PayPal
Cryptocurrency has been around for more than a decade, and these days, there are more ways than ever to buy Bitcoin. There are trading platforms that let you use your debit or credit card, and you can even make a purchase with a bank transfer. One of the most popular ways to buy Bitcoin (as […]