A Beginner’s Guide to Bitcoin

  • Bitcoin is an emerging encrypted form of digital money, or cryptocurrency, that’s growing in popularity and value internationally.
  • As bitcoin has gained popularity around the world, investors started funding and trading with companies operating in bitcoin and has since created a bitcoin marketplace, much like the stock market.
  • The bitcoin bubble is no different.
  • Regardless of my personal feelings about it, the market cap is $137B today and just passed a significant threshold where 1 bitcoin equals over $4,000 USD.
  • A lot hinges on how much of bitcoin can stay true to its current form with the presence of oversight.

Originally posted at TheMenloHouse.com.
It’s possible that in the last few years, you’ve stumbled across a person or company that uses bitcoin. But…
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Smart Investment for the Middle Class: BitShares

  • Every day there seems to be a new story about an average Joe who bought some Bitcoin years ago for a few hundred dollars and turned that small investment into a fortune, buying a new house, car or retiring early.
  • Fortunately, the cryptocurrency sector is overflowing with opportunity and there may just be the “next Bitcoin” waiting to take off!
  • The cryptocurrency BitShares could potentially be the next “Apple” or “Bitcoin” and it is currently trading for less than $0.15!
  • BitShares offers some unique features and at this price could be the next life changing investment.
  • These features include price-stable cryptocurrencies, custom user issued assets, the creation of Distributed Autonomous Companies (DAC) and the BitShares Decentralized Exchange (DEX).

Bitcoin and other cryptocurrencies have been on a tear lately, with many of the digital tokens hitting all-time highs. Many investors have been making fo…
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Cramer: Bitcoin-ethereum craze boosts Nvidia and AMD, but it shouldn’t

  • There are many reasons for investors to buy chipmakers Nvidia and Advanced Micro Devices, but the recent rush for an indirect way to play skyrocketing cryptocurrencies bitcoin and ethereum should not be one of them, CNBC’s Jim Cramer said Friday.
  • “One of the reasons why AMD and Nvidia have been going up is their chips are used for mining, for cryptocurrency mining,” Cramer told “Squawk on the Street.”
  • Bitcoin and ethereum miners use powerful graphics processing units — or the computer chips on graphics cards — to generate new cryptocurrency units, which can then be sold or held for future appreciation.
  • Cramer cited a recent note from RBC Capital Markets, which said the growing cryptocurrency mining market has contributed $100 million worth of GPU sales for Nvidia in the past 11 days alone.
  • In the past month, as the cryptocurrency surges have been more widely reported, AMD shares have soared 33 percent and Nvidia stock has gained about 15 percent.

There are many reasons to buy shares of those chipmakers, but a play on cryptocurrencies is not one of them, Jim Cramer says.
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Cramer: Bitcoin-ethereum craze boosts Nvidia and AMD, but it shouldn’t

Cramer: Bitcoin-ethereum craze boosts Nvidia and AMD, but it shouldn't

  • There are many reasons for investors to buy chipmakers Nvidia and Advanced Micro Devices, but the recent rush for an indirect way to play skyrocketing cryptocurrencies bitcoin and ethereum should not be one of them, CNBC’s Jim Cramer said Friday.
  • “One of the reasons why AMD and Nvidia have been going up is their chips are used for mining, for cryptocurrency mining,” Cramer told “Squawk on the Street.”
  • Bitcoin and ethereum miners use powerful graphics processing units — or the computer chips on graphics cards — to generate new cryptocurrency units, which can then be sold or held for future appreciation.
  • Cramer cited a recent note from RBC Capital Markets, which said the growing cryptocurrency mining market has contributed $100 million worth of GPU sales for Nvidia in the past 11 days alone.
  • In the past month, as the cryptocurrency surges have been more widely reported, AMD shares have soared 33 percent and Nvidia stock has gained about 15 percent.

There are many reasons to buy shares of those chipmakers, but a play on cryptocurrencies is not one of them, Jim Cramer says.
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Why the Value of Ethereum Has Skyrocketed 4000 Percent

Watch: Why the value of Ethereum has skyrocketed 4000%

  • The suddenly popular cryptocurrency has risen over 4000 percent in value over the last year.
  • It’s now the second most popular cryptocurrency after bitcoin, and is worth billions of dollars.
  • Invented in 2013 by 19-year-old Canadian programmer Vitalik Buterin, ethereum is more powerful than bitcoin, thanks to what are known as “smart contracts.”
  • Smart contracts are what investors are really excited about, and have contributed to ethereum’s sharp rise in value.
  • Check out our beginner’s guide to the cryptocurrency.

Watch a short explainer on the cryptocurrency’s steady rise.
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Bancor’s blockbuster ICO and the risk of blockchain investing

  • Blockchain startup Bancor closed a $150 million ICO raise this week — a landmark event, both in the speed and the magnitude of the raise.
  • It’s trying to hit the blockchain domain at its very heart with the promise that it can enable smart tokens to serve as legitimate currency.
  • Cryptocurrencies, or smart tokens, are new forms of digital currency (akin to bitcoin), that aim to serve as cash equivalents for various online services.
  • Bancor wants to enable these tokens, based on their protocol, to be widely acceptable.
  • These tokens need to be redeemable,

Blockchain startup Bancor closed a $150 million ICO raise this week — a landmark event, both in the speed and the magnitude of the raise. What is Bancor doing that got investors so excited? It’s trying to hit the blockchain domain at its very heart with the promise that it can enable smart tokens to serve as legitimate currency. Cryptocurrencies, or smart tokens, are new forms of digital currency (akin to bitcoin), that aim to serve as cash equivalents for various online services. Bancor wants to enable these tokens, based on their protocol, to be widely acceptable. For example, people will only confidently adopt cryptocurrencies when their exchange rates are stable. These tokens need to be redeemable,
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Bitcoin may have more than doubled this year, but rival Ethereum is up 2,000 percent. Here’s why

Bitcoin may have more than doubled this year, but rival Ethereum is up 2,000%. Here's why

  • Bitcoin has more than doubled in price this year alone, but it has been outperformed by its closest rival Ether, which is up over 2,300 percent.
  • On January 1, bitcoin was trading at the day’s high of $1,003.25.
  • On Wednesday, it broke through the $2,300 barrier for the first time to hit a fresh record high of $2,377.32, according to CoinDesk, marking a year-to-date rise of 137 percent.
  • Ether has risen from $8.24 on January 1, to a high of $203.30, according to data from Coinmarketcap.com.
  • This represents a 2,367 percent rise year-to-date.

Ethereum has been backed by major firms including JPMorgan, Microsoft and Intel.
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