Sunday, March 30, 2014

               Bitcoin is an innovative payment network and a new kind of money.Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin ,Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

              Bitcoin is a cryptocurrency , just one of many that are begining to show up around the globe. A cryptocurrency is a digital medium of exchange. The first cryptocurrency to begin trading was Bitcoin in 2009. Since then, numerous cryptocurrencies have been created. Fundamentally, cryptocurrencies are specifications regarding the use of currency which seek to incorporate principles of cryptography to implement a distributed, decentralized and secure information economy. It is for that reason that I believe that in order to speculate which others will survive this new craze one must position ones self by investing in other cryptocurrencies .

              If that is a thought you enetertain read on , first you will need a trading platform   for that I recomend  cryptsy ,  you can trade a slew of different currencies from here ,

 If it is just Bitcoin the leader is coinbase ,

                You can start to fund your accounts there with a slew of  what are known as faucets , they are free and they will give you a small amount of coin to wiew their ads, or play games ect.

                 The best Bitcoin faucet I have found is

               you can do it every hour , I average 0.00100000 btc a week with almost no effort.

               Second to that is

                the best Litecoin faucet I have found is.


               If your looking for Dogecoin this is the place ...