BitMEX Review – Is it a Legit Bitcoin Margin Trading Exchange?The post BitMEX Review – Is it a Legit Bitcoin Margin Trading Exchange? appeared first on 99 Bitcoins.
Bitcoin Mercantile Exchange, or BitMEX, is a trading platform created by a selection of finance, trading, and web-development experts. Arthur Hayes, Ben Delo, and Samuel Reed launched the exchange in 2014 under their company HDR (Hayes, Delo, Reed) Global Trading Ltd. BitMEX offers a margin-trading service for experienced, professional Bitcoin traders. Up to 100x leverage is [...]
What is the Bitcoin Lightning Network? A Beginner’s ExplanationThe post What is the Bitcoin Lightning Network? A Beginner’s Explanation appeared first on 99 Bitcoins.
While the Lightning Network is extremely promising as a cryptocurrency game-changer, it’s also pretty complicated. But don’t worry! As always, we’re here to translate this fascinating aspect of Bitcoin into plain English. Since Lightning Networks are anchored to “traditional” blockchains, a solid understanding of the basic workings of blockchain technology is helpful in understanding them
Bitcoin IRA Review – Tax Free Crypto?The post Bitcoin IRA Review – Tax Free Crypto? appeared first on 99 Bitcoins.
Investors are jumping for joy about the incredible explosion of wealth they can gain from cryptocurrencies. However, many remain blithely unaware of the elephant in the room: the tax collector. Have you already profited from your investments, but you’re hazy about the tax implications? If so, speak to your accountant. Moving forward, you can shield [...]
Bitcoin Price Predictions for 2018: An Expert RoundupThe post Bitcoin Price Predictions for 2018: An Expert Roundup appeared first on 99 Bitcoins.
The wild growth and recent price fluctuations associated with bitcoin have investors seeking price predictions for the coming year. Investors are understandably concerned about whether bitcoin will experience a crippling course correction, or continue rapid growth. It might accomplish both. In November, bitcoin plunged nearly 30% before sharply rebounding to hit the $10,000 price range. [...]
What Will Happen When All Bitcoins Are Mined?The post What Will Happen When All Bitcoins Are Mined? appeared first on 99 Bitcoins.
There are only 21 million bitcoins available for mining. Once all of those bitcoins have been mined, no new more bitcoins will ever be created. This stands in stark contrast to national currencies, which are constantly expanding. Governments like to encourage inflation, so they generally increase the money supply. This leads to the devaluing of [...]
December ICO Analysis – NAGA ReviewThe post December ICO Analysis – NAGA Review appeared first on 99 Bitcoins.
This post represents the author’s personal opinion, and it is not investment advice. At first glance, I thought this review of the NAGA ICO was going to be fun. After all, I like researching and writing about ICOs, and this company has a ton of information about research to write about. In addition, the NAGA [...]
Changelly Review: The 1 Thing They Won’t Tell You…The post Changelly Review: The 1 Thing They Won’t Tell You… appeared first on 99 Bitcoins.
Changelly is a cryptocurrency exchange that aims to remove the technical barriers of traditional trading platforms. In operation since 2015, the service was originally associated with the Minergate team, which we recently reviewed as well; however, today these are two different companies (according to a source inside Changelly). Changelly uses an automatic trading robot that [...]
MinerGate Review: Is It a Legit Mining Operation?The post MinerGate Review: Is It a Legit Mining Operation? appeared first on 99 Bitcoins.
Mining Bitcoin and other cryptocurrencies can be complex, and it’s generally left to the techies who know what they’re doing. Even if you have the brains and the mining hardware for the process, it’s a volatile existence for the individual miner. Some companies are, however, bringing cryptocurrency mining to the average user. Downloadable software is available [...]
How to Buy NEM (XEM) – a Beginner’s GuideThe post How to Buy NEM (XEM) – a Beginner’s Guide appeared first on 99 Bitcoins.
What Is NEM? NEM (XEM) is a decentralized, peer-to-peer cryptocurrency and blockchain platform that launched in March 2015. Since then, it has grown to become a Top 10 cryptocurrency with a market cap of more than $1.8 billion (at the time of this writing). There are 9 billion XEM coins in circulation, all of which [...]
Bitconnect Review: Is it Legit?The post Bitconnect Review: Is it Legit? appeared first on 99 Bitcoins.
99Bitcoins Editorial Note: Hi guys, it’s Ofir from 99Bitcoins. I think there are some things that need to be put straight before reading this review. The main thing is this – we can’t say for certain if Bitconnect is legit or not. People who are arguing that there aren’t enough evidence to support the claims [...]
Gemini Bitcoin Exchange ReviewThe post Gemini Bitcoin Exchange Review appeared first on 99 Bitcoins.
The Gemini bitcoin exchange was devised by a famous pair of twins, Cameron and Tyler Winklevoss. You might remember them as the Olympians who sued Mark Zuckerburg. But today, you should be thinking of them as owners of nearly 1% of the world’s bitcoin, as well as a legitimate trading exchange named Gemini. These American [...]
What is Zen Protocol? November’s ICO AnalysisThe post What is Zen Protocol? November’s ICO Analysis appeared first on 99 Bitcoins.
The following post reflects the author’s opinion alone, and does not constitute investment advice. “Zen Protocol is a blockchain built for finance.” It’s a decentralized, peer-to-peer financial system, which contains a smart-contract platform that’s capable of creating, issuing, and trading digital assets. It runs alongside the Bitcoin network (a sort of opt-in sidechain), but has [...]
GDAX Review – Coinbase’s Advanced Exchange, How Good is It?The post GDAX Review – Coinbase’s Advanced Exchange, How Good is It? appeared first on 99 Bitcoins.
Global Digital Asset Exchange, neatly abbreviated to GDAX, is one of the most famous Bitcoin and cryptocurrency trading exchanges in the world. The platform is aimed at more advanced users and professional traders, but what advantages or disadvantages does it have compared its competitors such as Kraken or Gemini? In this review, you’ll find out [...]
Published: Nov 20, 2017 - 5:30am
By: Ian - 99 Bitcoins
How to Mine Monero on Your PC: A Beginner’s Guide to XMR MiningThe post How to Mine Monero on Your PC: A Beginner’s Guide to XMR Mining appeared first on 99 Bitcoins.
Mining Monero: The Video Guide Similar to mining Zcash mining and Ethereum mining, Monero mining (aka XMR mining) is very simple. The great news is that you can actually still mine Monero with your CPU, so laptops can actually earn you coins as well. The big advantage of the platform I’ll be showing you, minergate.com, [...]
How to Claim Bitcoin Gold (BTG): A Step-by-Step GuideThe post How to Claim Bitcoin Gold (BTG): A Step-by-Step Guide appeared first on 99 Bitcoins.
On October 24, 2017, a new type of Bitcoin was created: Bitcoin Gold. This altcoin has the same abilities of Bitcoin, but its mining algorithm works a bit differently. Most importantly, it’s easier to mine with home equipment like GPUs. Anyone who held Bitcoins before the time of the creation of Bitcoin Gold is eligible [...]
Bittrex Review – One Critical Issue You Need to Know AboutThe post Bittrex Review – One Critical Issue You Need to Know About appeared first on 99 Bitcoins.
Bittrex is a US cryptocurrency exchange that has grown in popularity among crypto traders since launching its operations in December 2014. Its steady growth has made it one of the most preferred altcoin exchanges on the market. Much of Bittrex’s success is the result of its founding team of experienced security professionals, which is dedicated to [...]
The 3 Best Ways to Buy Bitcoin Cash (Bcash, BCH, or BCC)The post The 3 Best Ways to Buy Bitcoin Cash (Bcash, BCH, or BCC) appeared first on 99 Bitcoins.
Wait, what? There’s more than one Bitcoin? As if getting a handle on cryptocurrencies wasn’t hard enough, we’re now entering the days of multiple Bitcoin currencies. I guess you could compare it to dollars: there’s both the US dollar and the Canadian dollar, and they clearly have quite different geographical uses. But as you can [...]
The Best Bitcoin Mining Pools (Top 5 Reviewed)The post The Best Bitcoin Mining Pools (Top 5 Reviewed) appeared first on 99 Bitcoins.
Whether you’re interested in becoming a Bitcoin miner for the first time or you’re simply seeking a new Bitcoin mining pool, we’re here to help! In this article, we’ll examine the top five Bitcoin mining pools. It’s worth noting that this article is about mining with your own Bitcoin mining hardware and not cloud mining. [...]
Bitfinex Review: The World’s Biggest Exchange by VolumeThe post Bitfinex Review: The World’s Biggest Exchange by Volume appeared first on 99 Bitcoins.
Bitfinex is the world’s biggest Bitcoin exchange by volume. 5.77 million bitcoins traded through Bitfinex from mid-April to mid-October 2017—nearly twice the volume of Bitfinex’s nearest competitors, including Kraken (3.65 million BTC) and Coinbase (3.06 million BTC). High volume is important for traders as it ensures a low spread, which is the difference between the best [...]
Who Supports SegWit2x (Wallets, Exchanges): A Complete ListThe post Who Supports SegWit2x (Wallets, Exchanges): A Complete List appeared first on 99 Bitcoins.
IMPORTANT UPDATE: The upcoming Segwit2x fork has been canceled according to an announcement made on November 8th 16:58:41 UTC. 2017 has been the year of Bitcoin forks. For clarity’s sake, here’s a quick rundown: 1.Prior to August 1, 2017, miners activated the backward-compatible SegWit soft fork. This upgrade to the Bitcoin protocol increased the transactional capacity of [...]
How to Buy Monero in 3 Simple Steps: A Beginner’s GuideThe post How to Buy Monero in 3 Simple Steps: A Beginner’s Guide appeared first on 99 Bitcoins.
We covered Monero (XMR) previously in our Beginner’s Guide to Monero. A year has passed, and it’s now time to revisit the interesting subject of this privacy-focused cryptocurrency. Our claim that Monero is the premier coin for anonymous transactions appears to have been borne out both via its growing adoption by darknet markets (DNMs) and [...]
Bitstamp Review: Is It the Cheapest Exchange for Buying Bitcoin?The post Bitstamp Review: Is It the Cheapest Exchange for Buying Bitcoin? appeared first on 99 Bitcoins.
Bitstamp is one of the oldest and most respected cryptocurrency exchange platforms. It’s been in operation since 2011. The exchange is best suited to intermediate and experienced cryptocurrency users who need to trade Bitcoin, altcoins, and fiat currencies. Bitstamp looks to offer users a low-fee way to exchange digital currencies in large amounts. It’s particularly [...]
How to Read an Ethereum TransactionThe post How to Read an Ethereum Transaction appeared first on 99 Bitcoins.
Although 99Bitcoins has been around for a while, it just occurred to me that we’ve never really covered the basics of Ethereum transactions even though we’ve discussed Ethereum itself. So this post is aimed at all of the Ethereum newbies out there: let’s understand how to read an Ethereum transaction. The first thing you’re going [...]
How to Buy NEO in 3 Simple Steps: A Beginner’s GuideThe post How to Buy NEO in 3 Simple Steps: A Beginner’s Guide appeared first on 99 Bitcoins.
What Is NEO? NEO, formally known as Antshares, was founded in 2014 as a way to bring together smart contracts—a digital identity system—and the exchange of digital assets. With this novel vision, Antshares became China’s first open-source blockchain technology. During its exponential ascent in value in 2017, NEO offered investors an ROI of more than [...]