Bitcoin Facts You Didn’t Know

2018-11-30 22:01

Did you know that Bitcoin had a market cap of $129,670,386,568? Or that there are over 1,600 forms of cryptocurrency overall? We’re willing to bet that you didn’t quite realize the state of the industry. It’s not surprising, considering that it was only recently that people even heard the term cryptocurrency.

So if the facts listed above came as something of a surprise to you, don’t feel bad. Most people have heard of Bitcoin, but mainly in terms of its market value. And if you listen to the reports in the media about how it could lose all its value overnight, it might be easy to forget that there’s a lot of interest in Bitcoin.

It’s not some fly-by-night operation that will up its stakes and take off. Incidentally, because it’s a public blockchain, there’s not much chance of any one party being able to close it down. Even if half the current members of the chain decided to call it quits, it could still function.

Anyway, there’s a lot more to blockchain tech than most people realize. With that in mind, we’ve got a treat in store for you—the infographic that we’ve published below this post will give you a thorough rundown of everything you need to know about Bitcoin and blockchain technology.

It was created by the editors at bitcoinfy.net after they fielded a number of questions about the crypto industry in general. They realized there was a real shortfall when it came to simple, easy-to-digest information about it. Most people had heard of the concepts before, but they didn’t fully understand them. As a result, the editors decided to come up with a simple guide.

They put it together as an infographic to ensure that it would take no more than a few minutes to read. So everyone, from the time-crunched exec to the rushed-off-her-feet mom of four, can now get a basic idea of the key concepts related to the crypto industry. It’s just enough information to give you a working understanding and whet your appetite for more.

The post Bitcoin Facts You Didn’t Know appeared first on ZyCrypto.

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2018-7-5 23:00


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2018-6-28 15:36


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New Survey Report shows Interest in Bitcoin Set to Double in Europe

Featured People hear and know more about cryptocurrencies with every passing day, and according to a new survey, interest in Bitcoin is expected to increase twofold in Europe. The research covers over a dozen European nations, but also the United States and Australia, presenting some unexpected findings. Also read: Survey: 13% of Net-Savvy Ukrainians Own

2018-6-27 05:10


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4 Signs That Bitcoin is Bottoming, According to Brian Kelly

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2018-6-26 18:00


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‘Crypto Virgins’ Are Driving The Price Of Bitcoin

Very recently, news has found that stablecoin, Tether, has been accused of being used to manipulate the price of Bitcoin. You can see our coverage of this story, here- https://cryptodaily. co. uk/2018/06/new-reports-find-that-tether-is-being-used-to-manipulate-bitcoin-price/ We all know that the cryptocurrency markets are volatile and thus, we all know that lots of influencing factors can change the price of Bitcoin, be that political, traditional-financial or indeed, crypto-financial.

2018-6-26 13:30


Bitcoin Price Near Bottom as ‘Selling Has Become Exhausted,’ Says Market Strategist

Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall. ‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility.

2018-6-20 17:00


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Confirmation Regarding Ripple XRP As A Security, What’s Been Said?

The security debate continues to surround Ripple and Ripple XRP, the native currency to the Ripple network. Very recently, the United States Securities and Exchange Commission (SEC) have spoken out stating that both Bitcoin and Ethereum do not carry the necessary attributes to be considered a security however, there’s still no official news regarding XRP.

2018-6-18 14:00


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Jason Attar Takes Cryptocurrency to the Big Screen in New Mockumentary

Award-winning comedian, actor, writer and director Jason Attar is once again heading for the big screen with his new project KevCoin: The Movie. A follow-up to his previous film One Night in Powder, Attar will don the guise of his infamous character Kevin Powder — a rock star “fixer” who’s constantly trying to reinvent himself through wild schemes — and take on the world of digital finance as he seeks out fame and riches.

2018-6-11 22:31