Participate in the bull run

My last article was about the question on when will the bitcoin bull run starts? Is it after the G20 conference which considers bitcoin not a problem with the world economy?  I do think it had already started after that statement . The bitcoins value had never went down to its lowest which is about $7000 ,  today its  $9000 in value for 1 bitcoin. It will be an optimistic year though it would be gradual increases.  I do believe in what Ankar says that the downward trend of the stock market or its final collapse will again more contribute to the rise of bitcoin and other cryptos to the moon, so let's get into cryptos. 

Continuing on the discussion about bitcoin and crypto's to help others who still dont understand this phenomena and establish the athmosphere or infrastructure for the cryptos let me relay to you about crypto currencies . 


What are  crypto- currencies ? 

Thanks Video produced for Cloud In the Sky Studio for the Bank of Canada. Directed by Duncan Elms.

1. Bitcoin is the first crypto currency ?  Crypto currencies are de - centralized

2. The rules on cryptos are outside of the world financial system and its on the computer

3. The bitcoin which is the first crypto and other cryptos are working with the blockchain technology

4. Blockchain is a ledger that all transactions are recorded so that no one cheats by spending the money twice

5.  The miners all over the world verify the transactions , record the transactions on the blockchain and discover new bitcoins and also earn from them as rewards

6.  The bitcoin network system is a permitless system where you dont have to ask permission from any authority to participate with the system

7. Why used bitcoin or cryptos , there are other currencies , debit cards , cash and credit  cards. Some people favor a system that is not controlled by governments and also works outside of the banking system

8. Others regard the cryptos as a investment opportunities,  like when you buy cryptos on less value and it goes up then you earn sum

9. Just like cash transactions there is no exchange of personal informations you can transact business anonomously online  though all systems are not perfect so information outside of the blockchain can reveal the user like fraudalent use of  bitcoins and cryptos are track by authorities using the blockchain

10. A lot of countries are now interested and eyeing to regulate bitcoin and other cyptos like Canada, US and also Asian coutnries . Cryptos are on the rise and its still a new story which is still unfolding,


Let's be involve with the cryptos , let us be part of the history NOW  !!!

Visit my links to earn cryptos 

My blog GBMM's priority is bitcoin

In my involvement with bitcoin since 2014 i  knew that there will be other crypto currencies like dogecoin, litecoin ,permacoin and many other crypto's . This crypto's are trying to beat up bitcoin but they could not surpassed what bitcoin had already done in the whole world.  Generatebitcoinmakemoney blog site will be devoted to "bitcoin" though there are sites like the micro wallet that are also handling  crypto's  so we cannot separate them if we are going to be discussing about bitcoins. MY blog GNMM's priority is still bitcoin .

But if we will be posting articles related to other crypto's then i would recommend my other blogsite like cryptocurrencyrevolution.blogspot.ca .  

In relation to our new involvement with "bitcoin" we have to be aware and knowledgeable  about what bitcoin is , where it originated , how it developed, the problems encountered with this new currency and its present status. I am not a techie but  through research and self studies we could learn about this new  money on the net. 

Note:  Even if your just starting we could earn and learn . So register with bitcoin sites to earn bitcoins then read about bitcoins , news and other developments in order to be updated. Learn new tricks to earn more. Be careful to be trapped into scams , i have experienced scam bitcoin sites especially those who are offering  to double or triple your bitcoin earnings.

Where did bitcoin came ? 

  Bitcoin was created by Satoshi Nakamoto, who published the invention on 31 October 2008 to a cryptography mailing list in a research paper called "Bitcoin: A Peer-to-Peer Electronic Cash System". Nakamoto implemented bitcoin as open source code and released in January 2009.

  So from 2009 to this  year 2017 bitcoin is still alive and having a great value as compared to 

gold and dollar . It is still had to be proven its worth , its barely seven years from only a script for the internet with no value whatsoever it had grown now to a value of  $ 2,669 per US dollar.  

What is this bitcoin and how come its being patronize  ? 

 So bitcoin is being recognized and intended to be a digital currency. Currency like dollar is being used for the purchase of services and goods where the dollar could be in the form of paper and coins but you could also use now cards , ATM , cheque and wire to transfer your money. Since "bitcoin" is a script it can only be used online or with the internet but since the onset of the internet which is worldwide "bitcoin" can reached anywhere and its handy, simple and there are peculiar characteristics that it can do where the paper and metal money could not do.  

Let us try to explained bitcoin the simple way ; 

TOP 10 BITCOIN FACTS ; 

 
    
Will update developments about bitcoins ...