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Bitcoin For Beginners

45 articles found for

Why 2FA security is vital for your Wirex account

We use passwords to access everything – social media accounts, emails, online banking. Not only can it be difficult to keep track of them all, it’s also difficult to create something that’s both memorable and complex. That’s why we recommend Two-Factor Authentication (2FA) as an extra layer of security. How will 2FA protect you? 2FA… View Article

Is Bitcoin going to rise again?

There’s no question – Bitcoin’s been on an epic rollercoaster ride of late with the latest market figures valuing it at a mere $7,417 compared to the $19,343 highs of December 2017. But it’s not the only cryptocurrency that’s suffered, with Ethereum and Ripple both experiencing similar drops – so is it the end for the newest… View Article

Dear parents, here’s what you need to know about Bitcoin

If your kids have been through their teens (or are going through them now), you’re probably used to unpredictable behavior. Sudden mood swings, confidence highs and lows, a rebellious nature. Should that sound familiar, you already understand the nature of Bitcoin. Bitcoin acts a bit like a teenager. Volatile and fickle, Bitcoin has been through… View Article

What is the true value of cryptocurrency?

You can’t see me, or touch me but I can be mined. What am I? Answer – a cryptocurrency (of course). Money that you can’t hold, or really see and only truly exists in cyberspace – a case of the emperor’s new clothes perhaps? After all, surely something only exists because it’s tangible, right? So…if… View Article

A beginner’s look at Ethereum: 7 notable facts

For many people, Ethereum is the logical next step after getting the hang of Bitcoin. A couple of months ago, we covered the basics of Ethereum. Today we’re bringing you seven extra things you should know about the original altcoin. Ethereum is a platform for the cryptocurrency Ether Ethereum is a little more complicated than most altcoins. While Ethereum… View Article

Mass adoption: will Bitcoin ever be mainstream?

A typical innovative technology will linger at the fringes for years or even decades before it spreads. At first, it’s expensive, inaccessible or considered a fad. It’s purpose isn’t obvious or hasn’t emerged yet. Then, seemingly overnight, we’re all using it. More importantly, we can’t imagine our lives without it. It happened with everything from… View Article

Five mistakes made by Bitcoin early investors

Being a beginner in the world of cryptocurrency can feel intimidating at first, but fear not, it isn’t as hard as you think! It may comfort you to know that at some point myself, and every high profile bitcoin investor for that matter, were a beginner. And as much as we’d like you to think… View Article

What can cryptocurrency technology give us?

Blockchain has become the word du jour – but if you think it relates to a marathon run of Tetris, think again. Blockchain is the tech that underpins cryptocurrencies, and very clever it is too – so clever in fact, that utilising it to its full potential could change the way we manage society in the future…. View Article

The benefits of transparency: how Bitcoin & Blockchains could change the world

Like most people, you probably have a lot of unanswered (or unanswerable) questions about the financial system. How do we set the price of gold if we don’t know how big the supply is? What’s the point of saving money for the future when inflation will devalue it with each passing year? Why are we… View Article